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Exit Load of Axis Income Fund revised


Axis Mutual Fund has revised the exit load of Axis Income Fund with effect from June 30, 2016. An exit load of 1% will be charged on investment in excess of 10% if redeemed within 12 months.

The Fund House has also appointed Mr. Ashish Naik as the Fund Manager of Axis Triple Advantage Fund, Axis Income Saver, Axis Equity Fund and Axis Small Cap along with other existing Fund managers with effect from June 22, 2016.

Also, Regular Dividend sub-option (in addition to the existing options) has been introduced under the Dividend Options offered by Plans of Axis Equity Saver Fund with effect from July 4, 2016.