Axis Mutual Fund removes exit load on largecap, flexicap and 1 more scheme; cuts holding period for midcap fund

Axis Mutual Fund has revised exit load structures across its equity schemes, removing charges for large-cap, flexicap and large & midcap funds while shortening the holding period for the midcap fund. The changes apply from June 15 and will cover all fresh investments, including SIPs, STPs and switches under the schemes.