BOI AXA Mutual Fund has changed the exit load. The Fund House has removed the exit load of BOI AXA Treasury Advantage Fund. Earlier it was, 0.50 per cent for redemption within 30 days.
The revised exit load of BOI AXA Short Term Income Fund will be 0.50 per cent for redemption within 45 days, against the previous 0.50 per cent for redemption within 6 months.
The change will be effective from July 10, 2014.
The Fund House has appointed Mr. Piyush Baranwal as fund manager of BOI AXA Equity Debt Rebalancer Fund for debt portion and as Co-fund manager of BOI AXA Treasury Advantage Fund.
The change will be applicable from July 11, 2014.
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