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Stock Market Investing > Learn Stock Market Investment > What is a sales or repurchase/redemption price?
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What is a sales or repurchase/redemption price?

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The sale or redemption price of (usually) a fund scheme is the Net Asset Value (NAV) on the day of redemption. The NAV is total value of assets under management (of the particular scheme) divided by the number of units outstanding (owned by mutual fund investors).
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Stock Market Technical Analysis | course | Training| Analyst

The price or NAV a unit holder is charged while investing in an open-ended scheme is called sales price. It may include sales load, if applicable. Repurchase or redemption price is the price or NAV at which an open-ended scheme purchases or redeems its units from the unit holders. It may include exit...
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The price or NAV a unit holder is charged while investing in an open-ended scheme is called sales price. It may include sales load, if applicable. Repurchase or redemption price is the price or NAV at which an open-ended scheme purchases or redeems its units from the unit holders. It may include exit load, if applicable read less
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When a customer want to withdraw his money from fund then he put a bid / request to sell the assets / unit called redemption price.
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