Axis Mutual Fund has announced change in exit load structure under Axis Corporate Debt Fund, with effect from 11 June 2019.
Accordingly, the revised exit load will be:
If redeemed / switched-out within 12 months from the date of allotment:
For 10% of investments: Nil
For remaining investments: 1%
If redeemed / switched out after 12 months from the date of allotment: NIL.