Mutual fund exit load calculator
Last updated
Your inputs
- Rule
- 1% within 365 days
- Purchases
- ₹10,000 SIP × 22
- Withdraw
- ₹2,00,000
- On
- 30 Oct 2026 · NAV ₹18.04
Your fund and purchases
The example fund stays unnamed. Search to fill in your own fund's rule and NAVs.
Filed exit loadFilled in below. Check it against the filed text.
1% - if redeemed/switched out within 365 days from the date of allotment. Nil - if redeemed/switched out after 365 days from the date of allotment
Source: the fund's factsheet, as held in Kalpi's fund data on 2 Nov 2026.
- Monthly SIP
22 instalments on the 5th of each month.
Units for each purchase come from the fund's NAV on that date.
Your result
Example valuesExample: a ₹10,000 monthly SIP in a mid cap fund whose filed exit load is 1% within 365 days, withdrawn on the latest NAV date. Search for your fund to use your own.
Which purchases this withdrawal uses
Oldest units first- Jan to Oct 2025 · 10 instalmentsFree
- Nov 2025 to Aug 2026 · 10 instalments₹916
Oldest units first. 5,077.50 of 11,086.47 units sold are charged.
| Bought on | Units used | Days held | Status | Free from | Exit load |
|---|---|---|---|---|---|
| 5 Nov 2025 | 552.18 | 359 | In load period | 5 Nov 2026 | ₹99.61 |
| 5 Dec 2025 | 550.96 | 329 | In load period | 5 Dec 2026 | ₹99.39 |
| 5 Jan 2026 | 546.75 | 298 | In load period | 5 Jan 2027 | ₹98.63 |
| 5 Feb 2026 | 557.72 | 267 | In load period | 5 Feb 2027 | ₹100.61 |
| 5 Mar 2026 | 574.71 | 239 | In load period | 5 Mar 2027 | ₹103.68 |
| 5 Apr 2026 | 601.68 | 208 | In load period | 5 Apr 2027 | ₹108.54 |
| 5 May 2026 | 550.06 | 178 | In load period | 5 May 2027 | ₹99.23 |
| 5 Jun 2026 | 550.36 | 147 | In load period | 5 Jun 2027 | ₹99.28 |
| 5 Jul 2026 | 523.01 | 117 | In load period | 5 Jul 2027 | ₹94.35 |
| 5 Aug 2026 | 70.06 | 86 | In load period | 5 Aug 2027 | ₹12.64 |
Showing the latest 10 of 20 purchases used. Withdrawal of ₹2,00,000 at NAV ₹18.04 on 30 Oct 2026.
If your fund allows it, the exit load drops to ₹816.
For education only. The fund house's own calculation is final.
Skip typing your SIP dates.
Upload your CAS and Kalpi reads every purchase in every fund you hold, so you can see your real holdings, cost drag and overlap in one place. How Kalpi handles your data
What is exit load in mutual funds?
Exit load is a fee some mutual funds charge if you withdraw within a set period after investing, for example 1% if redeemed within 365 days. It is a percentage of the amount you withdraw, taken before the money reaches you. After the period ends, the same units can be withdrawn without it. Each fund states its rule in its scheme documents and factsheet.
How the calculator works
Units are sold oldest first. For each purchase the withdrawal touches, we count the days since that purchase. Units still inside the exit load period are charged the fund's rate on their value at the withdrawal NAV; units past it are free. If the fund lets a share of units go free, that share of each purchase is left out first.
Exit load = sum, over purchases still in the load period, of (units charged × NAV on withdrawal date × exit load rate)
Units for each purchase come from the fund's NAV on that date, or the next published NAV if markets were shut. We leave out the 0.005% stamp duty on purchases, so units can differ slightly from your statement. A purchase leaves its period on the same date one period later: a purchase on 5 June 2026 under a 365-day rule is free from 5 June 2027. Fund houses word this as "within 365 days of allotment" and some count the allotment day differently, which can move the date by a day.
When you pick a fund, the calculator fills in the exit load the fund filed in its factsheet, as held in Kalpi's fund data, and shows the filed text next to it so you can check it. Where Kalpi has no filed text, or the wording is unusual, type the rule from the fund's factsheet or scheme information document. NAVs are from AMFI's daily NAV data.
Exit load on SIPs
Every SIP instalment starts its own clock. With a 365-day rule, a withdrawal today can be free on last year's instalments and charged on this year's. In the example above, the oldest instalments are past 365 days and cost nothing; only the most recent ones are charged. The load-free date is when the newest instalment the withdrawal reaches leaves its period.
When exit load does not apply
Fund houses do not charge exit load on units from IDCW (dividend) reinvestment or bonus units. Switches between the regular and direct plans of the same scheme carry no exit load (since May 2025). Some fund houses also waive it on switches between options such as growth and IDCW; check the scheme's rules. A switch to a different scheme counts as a withdrawal, and so does an SWP instalment. SEBI's revised mutual fund rules lower the highest exit load a scheme can set from 5% to 3%.
Exit load is separate from tax. To see the gain and tax on the units you sell, use the mutual fund capital gains calculator. To see every purchase in every fund you hold without typing it, upload your CAS in the Kalpi portfolio analyser.
Frequently Asked Questions
What is exit load in mutual funds?
A fee some funds charge if you withdraw within a set period after investing, such as 1% within 365 days. It is a share of the amount you withdraw, deducted before you are paid. Once the period has passed, those units can be withdrawn without it.
How is exit load calculated?
Take the units being sold, oldest first. For units still inside the exit load period, multiply their value at the withdrawal-date NAV by the exit load rate. Units past the period carry no load. For example, 1% on ₹50,000 of units still in the period is ₹500.
How is exit load calculated on SIP investments?
Each SIP instalment has its own period, counted from its own purchase date. A withdrawal uses the oldest instalments first, so older ones may be free while recent ones are charged. That is why the calculator checks every purchase date.
What is the maximum exit load a mutual fund can charge?
SEBI’s revised mutual fund rules cut the highest exit load a scheme can set from 5% to 3%. Most equity funds charge well below that cap, commonly 1% within one year; the rate for your fund is in its scheme documents and factsheet.
Is exit load charged when I switch funds?
A switch to a different scheme is treated as a withdrawal, so exit load applies if the units are still inside the period. Switches between the regular and direct plans of the same scheme carry no exit load (since May 2025). Some fund houses also waive it on switches between options such as growth and IDCW; check the scheme’s rules.
Is exit load charged on IDCW reinvestment or bonus units?
No. Units allotted from IDCW (dividend) reinvestment and bonus units do not attract exit load. Only units you bought, or switched in, are counted.
What does "10% of units free of exit load" mean?
Some funds let you withdraw up to a set share, often 10%, of the units from each purchase without exit load, even inside the period; only units above that limit are charged. Tick the free-units option in the calculator if your fund’s rule says so, and enter the share it allows.
Which exit load applies if the fund changes its rule?
The rule in force on your purchase date. A change usually covers only new investments, so purchases made before it keep the old rule. In the calculator, add the earlier rule and the date it changed; each purchase then uses its own rule.
Is exit load charged on an SWP?
Yes. Each systematic withdrawal is a redemption, so instalments that sell units still inside the period can attract exit load.
For education only. This calculator estimates exit load from the rule and purchases you enter; the fund house’s own calculation on the actual NAV is final. It is not a recommendation to buy, sell or switch any fund. Exit load rules change; check the fund’s latest scheme documents.