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Wednesday, June 10, 2015

Axis MF Announces Discontinuation of Bonus Option Under Its Schemes

With effect from 15 June 2015

Axis Mutual Fund has decided to discontinue the bonus option under Axis Liquid Fund, Axis Treasury Advantage Fund, Axis Short Term Fund, Axis Banking Debt Fund, Axis Income Fund, Axis Dynamic Bond Fund and Axis Constant Maturity 10 Year Fund, with effect from 15 June 2015. 

Accordingly, the scheme would have only dividend and growth option thereafter. 

Further, no fresh subscription would be accepted under the bonus option of the schemes, whether by way of fresh subscription or additional purchase or under Systematic Investment Plan (SIP).
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