Monday, July 6, 2009

Bharti AXA Mutual Fund Revises Entrance Consignment Construction - July 06, 2009

Bharti AXA Mutual Fund has announced the change in the exit load structure under regular as well as eco plan of the Bharti AXA Equity Fund, with effect from July 6, 2009. It also revises the exit load for the investment through SIP/STP. Accordingly, the scheme will charge an exit of 2.00% for the investment below Rs 5 crore, if redeemed within 1 year from the date of allotment.

However, the exit load will be nil after one year. The scheme will not charge any exit load for the investment amount of Rs 5 core and above.

Currently, the scheme will charge an exit of 1.00% for the investment below Rs 5 crore, if redeemed within 6 months from the date of allotment.

However, the exit load will be nil after six months. Moreover, the scheme will not charge any exit load for the investment amount of Rs 5 core and above.

No comments: