Fund News

Introduction of SWP for Axis Enhanced Arbitrage Fund

Last updated: 08-Jul-2024•News Desk

Axis Mutual Fund has decided to introduce Systematic Withdrawal Plan (SWP) for Axis Enhanced Arbitra

Axis Mutual Fund has decided to introduce Systematic Withdrawal Plan (SWP) for Axis Enhanced Arbitrage Fund with effect from October 21, 2015.
There are four options under SWP viz. Monthly Option , Quarterly Option, Half Yearly and Yearly Option. The details are given below:

	Monthly Option	Quarterly Option	Half Yearly Option	Yearly Option
Minimum value of SWP	₹1,000/-
Additional amount in multiples of	₹1/-
Dates of SWP Installment	1/5/10/15/25
Minimum No. of SWP	Six	Four	Four	Two

The Fund House has also declared dividend under Axis Enhanced Arbitrage Fund as given below:

Scheme	Dividend (₹/unit)
Axis Enhanced Arbitrage Reg-D	0.05
Axis Enhanced Arbitrage Direct-D	0.05

The record date has been fixed as October 26, 2015.

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