Fund News

Axis Dynamic Bond Fund: Change in Load Structure

Axis Mutual Fund has revised the exit load of the following schemes:

Scheme Name	Existing Exit Lo

Axis Mutual Fund has revised the exit load of the following schemes:

Scheme NameExisting Exit LoadRevised Exit Load
Axis Focused 25 Fund1% if redeemed within 2 years2% if redeemed within 2 years
Axis Dynamic Bond Fund1% if redeemed within 12 months1% if redeemed within 3 years
Axis Triple Advantage Fund1% if redeemed within 12 months3% 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 Fund1% if redeemed within 18 months0.5% 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.



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