Axis Mutual Fund has removed the exit load from its largecap, flexicap and large & midcap fund, whereas it has reduced the holding period for its midcap fund with effect from June 15.
The fund house, through a notice-cum-addendum, said that the change in the load structure will apply to all prospective investments in the schemes made on or after the effective date, including all special products offered under the scheme, including SIP, STP, switches, etc.
