Axis MF Revises Exit Load of Three Schemes

Axis Mutual Fund has announced a change in the exit load of Axis Dynamic Bond, Axis Banking Debt and Constant Maturity 10 Year with effect from November 12, 2012.

For Axis Dynamic Bond, a load of 1% shall be charged if units are redeemed within 6 months from the date of allotment instead of the presently applicable 12 months.

For Banking Debt, a load of 0.25% shall be charged for exit within 1 month and for Constant Maturity 10 Year a load of 1% shall be charged for exit within 6 months from the date of allotment.