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Axis Mutual fund: Introduction of Bonus Option

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Axis Mutual Fund introduced bonus option under the following schemes with effective from March 24, 2014. The schemes are: Axis Liquid Fund, Axis Treasury Advantage Fund, Axis Short Term Fund, Axis Banking Debt Fund, Axis Income Fund, Axis Dynamic Bond Fund and Axis Constant Maturity 10 Year Fund.

The Bonus option will also be available under Direct Plan of mentioned schemes. Following the change, plans under the schemes will offer three options- Growth, Dividend and Bonus.