Smart Money: Axis MF launches fixed-term plan

Oct 04 2013, 18:00 IST
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Axis Mutual Fund has launched a new closed-ended debt scheme called Axis Fixed Term Plan. Axis Mutual Fund has launched a new closed-ended debt scheme called Axis Fixed Term Plan.
SummaryAxis Mutual Fund has launched a new closed-ended debt scheme called Axis Fixed Term Plan.

now, the fund house used to charge an exit load of 0.50% for investments redeemed on or before the expiry of three months from the date of allotment for the short-term bond fund. The revised exit load will be applicable from October 1.

Baroda Pioneer declares dividend

Baroda Pioneer Mutual Fund has declared dividend under the quarterly dividend option of Baroda Pioneer MIP-DQ. The quantum of dividend shall be R0.2 per unit and the record date has been fixed as October 7.

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