Q1. Suppose I invest Rs. 10,000 with an entry load of 1% and exit load of 2% in XXXX mutual fund.
The entry load and the exit load will be calculated on the NAV of the fund OR on Rs. 10,000 which I invested?
Q2. What if it is a NFO ( New Fund Offer)? How will be the loads calculated?
Examples would be appreciated !!!!!!