Accordingly, the revised exit load will be 1% if units are redeemed/switched-out within 12 months from the date of allotment.
The load structure will be equally applicable to all special products offered under the schemes such as SIP, STP, switches etc. No exit load will be charged for switch between Axis Equity Fund and Axis Equity Fund-Direct Plan, where transaction is not routed through distributors.
Axis Equity Fund is an open-ended equity fund. To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities including derivatives.
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