DWQA User Profile tonybasuQuestions(1)Answers(5)Posts(0)CommentsHi Thanks for your comment. My transmitted folio contains ICICI balanced fund, Multi Cap fund and Value Discovery. Why ICICI is saying there will be Exit Load ? Who should I approach to avoid Exit Load. This is illegal for Icici correct. Please clarify.On Answer for USA Citizen NRI Mutual FundHi Sreekanth you are cirrect about ELSS funds. But my folio in question have regular MUtual funds like Icici Balanced Fund, ICIci multi cap fund, Icici Value discovery. I recently inherited these mutual funds under 1 folio from my dad as nominee. Transmission of all funds complete. They are all non Tax saving funds. But they all have Exit Load expiring July 2019. ICici MF customer agents in Email or phone saying nominees have to pay exit load for the above mentioned funds. Is’nt that incorrect or illegal? Please clarify. Who should I approach so that I dont incur Exit Load ?On Answer for USA Citizen NRI Mutual FundCrop
