Axis Mutual Fund announced change in exit load of Axis Corporate Debt Fund
Jun 11 2019
News Category: Exit Load Change
Axis Mutual Fund announced change in exit load of Axis Corporate Debt Fund effective Jun 11, 2019. As per the revised structure no exit load is applicable for redemption switch out on 10% of investments in less than 12 months from allotment date. However, 1% is chargeable on the remaining investment. No exit load is applicable if units are redeemed or switched out after 12 months.