Insights

AXISMF: Revised Exit Load Structure for Axis Quant Fund

June 28, 2024 . FundsIndia Desk

The Investors are requested to note that the exit load for investment under Axis Quant Fund (‘Scheme’) is revised as follows:

Existing Exit Load  Revised Exit Load (w.e.f. June 25, 2024)
If redeemed / switched out within 12 months – 
For 10% of investment: Nil,
For remaining investment: 1%, 
If redeemed/switched out after 12 months from the date of allotment: Nil.
If redeemed / switched out within 3 months from the date of allotment –
For 10% of investment: Nil
For remaining investment: 1%,
If redeemed/switched out after 3 months from the date of allotment: Nil

The above change in the load structure will be applicable to all prospective investments made on or after June 25, 2024, including all special products offered under the above Scheme such as SIP, STP, switches, etc.

For more details, read the addendum.

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