
Axis Mutual Fund has announced the merger of Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund into Axis CRISIL IBX SDL May 2027 Index Fund, effective April 30, 2025.
As a result of this merger, Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund will cease to exist, and its unitholders will become unitholders of Axis CRISIL IBX SDL May 2027 Index Fund.
Exit Window: Unitholders of Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund who do not favor this merger can exit or switch their investments without any exit load between March 28, 2025, and April 29, 2025.