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Saturday, January 24, 2015

BOI AXA Tax Advantage Fund Announces Discontinuation of Dividend Reinvestment Option

With effect from 02 February 2015 

BOI AXA Mutual Fund has approved discontinuation of dividend reinvestment option sub-option under the direct and regular plans of BOI AXA Tax Advantage Fund, with effect from 02 February 2015. 

Consequently, no fresh subscription will be accepted under the reinvestment option of the scheme. After discontinuation of dividend reinvestment option, the scheme will offer dividend and growth option with growth option as the default option. Dividend option will have only dividend payout as the sub-option.
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