
Axis Mutual Fund has revised the exit load of the following schemes:
| Scheme Name | Existing Exit Load | Revised Exit Load |
| Axis Focused 25 Fund | 1% if redeemed within 2 years | 2% if redeemed within 2 years |
| Axis Dynamic Bond Fund | 1% if redeemed within 12 months | 1% if redeemed within 3 years |
| Axis Triple Advantage Fund | 1% if redeemed within 12 months | 3% if redeemed within 1 year 2% if redeemed between 1 year and 2 years 2% if redeemed between 2 years and 3 years |
| Axis Income Fund | 1% if redeemed within 18 months | 0.5% if redeemed within 3 months |
Systematic Investment Purchase (SIP) and Systematic Transfer Plan (STP) facility will be available under Axis Enhanced Arbitrage Fund. The minimum amount for SIP installment will be ₹1000 for monthly frequency and ₹12000 for yearly frequency.
And the minimum amount under STP facility will be ₹1000 under daily, weekly, fortnightly and monthly frequency and ₹3000 under quarterly frequency.
The changes will be effective from October 01, 2014.