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Exit load in a mutual fund is a fee charged to investors when they redeem their units before a specified holding period. This fee is intended to discourage short-term trading and cover the costs incurred by the fund due to early withdrawals. The exit load is usually a percentage of the redeemed amount and is deducted from the redemption proceeds. The percent...
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NISM (National Institute of Securities Markets) registration is a certification process mandated by the Securities and Exchange Board of India (SEBI) for professionals in the Indian securities market. It involves selecting an appropriate certification module, preparing with provided study materials, registering for the exam online, and taking the test at an ...
The loan against shares eligibility criteria includes several key factors. Applicants must be individuals or businesses holding shares in their name. The shares should be approved by the lender and typically listed on recognized stock exchanges. The borrower should maintain a minimum shareholding value, often specified by the lending institution. Additionall...
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Customer experience is the differentiator that keeps leading banking solution providers at the front of the field. But in case of credit cooperative societies, success depends on reimagining banking processes end to end, with the needy at the center. That’s where we come in. SNS System (P) Ltd. Cooperative Society Software is on its way to become a leader in...
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