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.