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It is notified that, Axis Mutual Fund has changed the exit load structure for Axis Arbitrage Fund from, "0.25% for redemption within 7 days" to "0.25% for redemption within 30 days", with effect from April 10, 2023.
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SEBI has cut a door into the wall that kept most investors out. What lies behind it is less special than the price of admission suggested.
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The new regime ended the old March scramble over tax-saving; the instinct behind it has merely moved up the wealth ladder
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For once, I am not telling you to ignore the news
I make a living telling you the headlines cannot help your portfolio. This time, I find I cannot look away.
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