List of Mutual Funds with No Exit Load

Exit load in mutual funds can impact your investment decision. As an investor, you must check factors such as exit load, entry fee and others. Mutual fund companies charge exit load when you sell or redeem your allotted units within a specified period after investing. Exit load is typically a percentage of the redemption amount which may range from 0.25% to 2% depending on the holding period. Let us look at the list of no exit load mutual funds available for investors seeking greater redemption flexibility.

Mutual Funds with Zero Exit Load

Below is the table showcasing no exit load in mutual funds:

Debt Funds

 Equity Funds

Overview of Mutual Funds with No Exit Load

Aditya Birla Sun Life Liquid Fund

Launched in 2013

Investment strategy: You can expect reasonable returns through investments in debt and money market instruments with high liquidity and security, making it one of the mutual funds without exit charges after the specified holding period.

Exit Load

• 0.0070% - If redeemed within 1 days from the date of allotment.
• 0.0065% - If redeemed within 2 days from the date of allotment.
• 0.0060% - If redeemed within 3 days from the date of allotment.
• 0.0055% - If redeemed within 4 days from the date of allotment.
• 0.0050% - If redeemed within 5 days from the date of allotment.
• 0.0045% - If redeemed within 6 days from the date of allotment.
• Nil - If redeemed within 7 days from the date of allotment.

Axis Liquid Fund

Launched in 2009

Investment Strategy: You can expect a reasonable return with high low risk and a high degree of liquidity with investment in high-quality debt securities and money market instruments.

Exit Load

• 0.0070% - If redeemed within 1 days from the date of allotment.
• 0.0065% - If redeemed within 2 days from the date of allotment.
• 0.0060% - If redeemed within 3 days from the date of allotment.
• 0.0055% - If redeemed within 4 days from the date of allotment.
• 0.0050% - If redeemed within 5 days from the date of allotment.
• 0.0045% - If redeemed within 6 days from the date of allotment.
• Nil - If redeemed within 7 days from the date of allotment.
• Nil - If redeemed within 7 days from the date of allotment.

Baroda BNP Paribas Liquid Fund

Launched in 2009

Investment Strategy: You can expect income by investing in debt instruments and portfolios of money markets with high liquidity.

Exit Load

• 0.0070% - If redeemed within 1 days from the date of allotment.
• 0.0065% - If redeemed within 2 days from the date of allotment.
• 0.0060% - If redeemed within 3 days from the date of allotment.
• 0.0055% - If redeemed within 4 days from the date of allotment.
• 0.0050% - If redeemed within 5 days from the date of allotment.
• 0.0045% - If redeemed within 6 days from the date of allotment.
• Nil - If redeemed within 7 days from the date of allotment.

Edelweiss Liquid Fund

Launched in 2008

Investment Strategy: You can expect income by investing in very short-term (1-3 months) debt instruments offering reasonable returns with a high level of liquidity.

Exit Load

• 0.0070% - If redeemed within 1 days from the date of allotment.
• 0.0065% - If redeemed within 2 days from the date of allotment.
• 0.0060% - If redeemed within 3 days from the date of allotment.
• 0.0055% - If redeemed within 4 days from the date of allotment.
• 0.0050% - If redeemed within 5 days from the date of allotment.
• 0.0045% - If redeemed within 6 days from the date of allotment.
• Nil - If redeemed within 7 days from the date of allotment.

ICICI Prudential Liquid Fund

Launched in 2005

Investment Strategy: You can expect reasonable returns with a high level of liquidity and low-risk level by investing 80% of the corpus in money market securities and the rest in high-quality debt instruments. It is often considered in a list of no exit load mutual funds by short-term investors.

Exit Load

• 0.0070% - If redeemed within 1 days from the date of allotment.
• 0.0065% - If redeemed within 2 days from the date of allotment.
• 0.0060% - If redeemed within 3 days from the date of allotment.
• 0.0055% - If redeemed within 4 days from the date of allotment.
• 0.0050% - If redeemed within 5 days from the date of allotment.
• 0.0045% - If redeemed within 6 days from the date of allotment.
• Nil - If redeemed within 7 days from the date of allotment.

SBI Large & Midcap Fund

Launched in 1987

Investment Strategy:  Opportunity to grow your investment long-term capital with a diversified portfolio consisting of large-cap and mid-cap companies.

Exit Load: 0.10% if redeemed within 30 days from the date of allotment and nil after that.

HDFC Index Nifty 50 Fund

Nifty Next 50 Index TRI (the underlying index) before considering fees and expenses while accounting for potential tracking errors.

Exit Load: 0.25% if redeemed within 3 days from the date of allotment and nil after that.

HDFC Index Sensex Fund

Launched in 1999

Investment Strategy: You can expect returns that are aligned with the performance of S&P BSE Sensex, subject to tracking errors.

Exit Load: 0.25% if redeemed within 3 days from the date of allotment and nil after that.

Tata Banking & Financial Services Fund

Launched in 1995

Investment Strategy: You can expect a reasonable return with at least 80% of net assets in equity and equity-related instruments of companies within India's Banking and Financial Services sector with long-term capital appreciation.

Exit Load: 0.25% if redeemed within 3 days from the date of allotment and nil after that.

Tata Infrastructure Fund

Launched in 1995

Investment Strategy: You can expect a reasonable return with at least 80% of net assets in equity and equity-related instruments of companies within India's Banking and Financial Services sector with long-term capital appreciation.

Exit Load: 0.25% if redeemed within 3 days from the date of allotment and nil after that.

Benefits of Investing In Mutual Funds with No Exit Load

The following are the benefits of investing in mutual funds with no exit load, including several mutual funds without exit charges that offer greater liquidity:

• You can redeem units of no-exit mutual funds whenever necessary without incurring additional charges. This flexibility is useful if you have short-term financial goals.
• In mutual funds with no exit load, you can easily switch to another fund without worrying about redemption fees, which is one reason investors prefer zero exit load mutual funds India.
• No-exit mutual funds are ideal for Systematic Investment Plans (SIPs) to ensure that no additional charges are incurred at the time of redemption.
• No Exit loan funds offer flexibility encouraging long-term investment.

Also Read: Union Liquid Fund

How to Choose the Right No Exit Load Mutual Fund?

You can choose the right mutual funds with no exit load by keeping the below-mentioned points in mind when comparing the list of no exit load mutual funds.

• Before investing, you must understand your financial goals. Whether it is for a child’s education, retirement, or any other short-term goal. This will help you align your investment and risk tolerance.
• Analysing the fund’s performance over the years helps you evaluate the fund’s track record.
• Before investing, compare the expense ratio of all the funds, especially when evaluating mutual funds without exit charges. Consider no exit load funds with a lower expense ratio. This means more money is invested leading to potentially higher returns.
• Invest in funds that align with your investment goals and risk tolerance. Mutual funds follow different investment strategies focusing either on large-cap stocks, market capitalizations, or value-oriented approaches and few prioritize growth.
• Evaluating the fund manager’s experience and expertise are important to the fund's success, particularly when selecting from zero exit load mutual funds India. Learn about the background of the fund manager, past performance, and investment philosophy.