Axis Mutual Fund has decided to change the load and fund manager of Axis Multicap Fund with effect from May 18, 2018.
Now, this fund will get managed by Shreyash Devalkar in place of Shreyash Devalkar and Jinesh Gopani. An exit load of 1% will be charged for more than 10% of the investment if redeemed within 12 months.
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