With effect from 1 January 2011
Bharti AXA Mutual Fund has announced change in exit load of Bharti AXA
Equity Fund and Bharti AXA Focused Infrastructure Fund, with effect from
1 January 2011.
The changes are:
Bharti AXA Equity Fund: Eco Plan, Regular Plan and Institutional Plan:
Current exit load: Nil
Revised exit load: 1% if redeemed within 1 year from the date of allotment.
Bharti AXA Focused Infrastructure Fund:
Current exit load: Nil
Revised exit load: 1% if redeemed within 1 year from the date of allotment.
Bharti AXA Equity Fund is an open ended equity growth fund. The
investment objective is to generate income and long term capital
appreciation through a diversified portfolio of predominantly equity and
equity related securities including equity derivatives, across all
market capitalization.
Bharti AXA Focused Infrastructure Fund is an open ended equity scheme.
The investment objective is to seek to generate long term capital
appreciation through a portfolio of predominantly equity and equity
related securities of companies engaged in infrastructure and
infrastructure related sectors.