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Monday, August 24, 2009

Bharti AXA MF Revises Exit Load Structure

With effect from 24 August 2009

Bharti AXA Mutual Fund has announced the change in the exit load structure for Bharti AXA Equity Fund and Bharti AXA Short Term Income Fund, with effect from 24 August 2009.

Bharti AXA Equity Fund:

Accordingly in regular, eco, institutional plans, investments through SIP/STP (daily & monthly frequencies), investments through liq-uity facility, the exit load charge will be 1% if redeemed within 1 year from the date of allotment.

Bharti AXA Short Term Income Fund:

For regular plan, the exit load charge will be 0.25% if redeemed within 15 days from the date of allotment.

For institutional plan there will be no change in the exit load charge.

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