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Axis Focused 25 Fund reduces exit load period


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

Scheme NameExisting Exit LoadRevised Exit Load
Axis Focused 252% if redeemed within 2 years1% if redeemed within 1year
Axis Fixed Income Opportunities1% if redeemed within 1year & 0.5% if redeemed after 1year but within 2 years
Axis Dynamic Bond1% if redeemed within 3 years
Axis Triple Advantage3% if redeemed within 1year, 2% if redeemed after 1 year but within 2 years & 1% if redeemed after 2 years but within 3 years
Axis Income1% if redeemed within 12 monthsNIL
Axis Enhanced Arbitrage0.50% if redeemed within 90 days0.25% if redeemed within 7 days

The effective date is May 15, 2015.