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Axis Mutual Fund: Introduction of Yearly frequency under SIP Facility


Axis Mutual Fund has introduced yearly frequency under SIP facility under all schemes. Minimum number of installments will be 3 and minimum SIP amount will be ₹12000 and ₹6000 for Axis Long Term Equity Fund.

The Fund House has introduced daily and quarterly frequency under STP facility under all the eligible schemes.

The Fund House has also introduced systematic withdrawal plan (SWP) facility under Axis Liquid Fund.

The above mentioned changes will be effective from July 07, 2014.