Axis Mutual Fund has revised the exit load structure of Axis Dynamic Equity Fund, Axis Equity Fund, Axis Midcap Fund and Axis Focused 25 Fund with effect from Sep 25. Accordingly, if units are redeemed or switched out within 12 months from the date of allotment, no exit load will be charged up to 10% of the investments. However, any redemption in excess of the above limit will be subject to an exit load of 1%. Any redemption or switch out after 12 months from the date of allotment will not be subject to any exit load.