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Change in Exit load of BOI AXA Equity Fund


BOI AXA Mutual Fund has revised the exit load of BOI AXA Equity Fund to 1 per cent for redemption within in 90 days of allotment, against the previous 1 per cent for redemption within 1 year.

The change will be effective from August 25, 2014.

The fund house has appointed Mr. Piyush Baranwal for debt portion jointly with Mr. David Pezarkar for equity portion for BOI AXA Equity Debt Rebalancer Fund. Mr. Alok Singh is ceased to be the fund manager of the scheme. The change will be applicable from August 21, 2014.