
Axis Mutual Fund has announced to introduce regular dividend option (25th of every month) under Axis Constant Maturity 10 Year Fund in place of quarterly dividend option from June 28, 2012. With this change, quarterly dividend option will be removed completely.
Now, the default option would be regular dividend option instead of quarterly dividend option.
Investors have been given an option of exit without paying any exit load between May 28, 2012 to June 27, 2012.