
Axis Mutual Fund has announced change in the exit load structure of Axis Innovation Fund from 'For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days' to 'For units in excess of 20% of the investment, 1% will be charged for redemption within 12 months'. The new exit load is applicable for all perspective investment in the fund, with effect from December 10, 2025.