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Wednesday, September 09, 2009

Bharti AXA MF Announces Change

With effect from 9 September

Bharti AXA Mutual Fund has decided to offer online transaction facility to Bharti AXA Treasury Advantage Fund (BATrAF) and Bharti AXA Short Term Income Fund (BASTIF) with effect from 9 September 2009.

Through this facility, the prospective investors / unitholders of BATrAF / BASTIF can subscribe to, redeem and switch units of BATrAF / BASTIF, subject to the transaction amount being less than Rs.1 crore per application. Switch can be done only if the source scheme (for switch-ins) / the target scheme (for switch-outs) is enabled for such online transactions.

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