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        SEBI

        Regulation 51A - Credit of exit load to scheme

        Securities and Exchange Board of India (Mutual Funds) Regulations, 1996
        Chapter VII
        GENERAL OBLIGATIONS

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        Exit load allocation: exit loads charged post-amendment must be credited to the mutual fund scheme. Regulation 51A mandates that any exit load charged after the commencement of the SEBI (Mutual Funds) (Second Amendment) Regulations, 2012 shall be credited to the relevant scheme, making exit charges scheme resources rather than funds retained outside the scheme.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Exit load allocation: exit loads charged post-amendment must be credited to the mutual fund scheme.

                                Regulation 51A mandates that any exit load charged after the commencement of the SEBI (Mutual Funds) (Second Amendment) Regulations, 2012 shall be credited to the relevant scheme, making exit charges scheme resources rather than funds retained outside the scheme.


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