Mumbai: Bharti AXA Mutual Fund has tweaked the exit load structure in Bharti AXA Short Term Income Fund with effect from January 4, 2011.
The fund house will charge 0.50 per cent exit load if units are redeemed within 90 days from the date of allotment. The scheme earlier charged 0.50 per cent as exit load if units were redeemed within 30 days from the date of allotment
Bharti AXA Short Term Income Fund is an open ended income scheme which seeks to generate income and capital appreciation by investing in a diversified portfolio of debt and money market securities.