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Bharti AXA Short Term Income Fund: Revision in Exit Load and Minimum Investment Amount


rti AXA Mutual Fund has revised the exit load of Bharti AXA Short Term Income Fund- Regular as well as the Institutional plan. The revised exit load will be 0.50% if redeemed within 6 months from the date of allotment. Earlier, it was 0.50% if redeemed within 90 days from the date of allotment.

The minimum investment amount in Institutional plan of this Fund has also been revised from Rs. 25 lakhs to Rs. 1 crore.

The above changes will be effective from September 2, 2011.