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  5. Axis Mutual Fund changes: No exit load on large, flexi cap schemes; midcap rules revised

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Axis Mutual Fund changes: No exit load on large, flexi cap schemes; midcap rules revised

Upstox
By Upstox News Desk

3 min read | Updated on June 08, 2026, 21:02 IST

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SUMMARY

The revised exit load structure announced by Axis Mutual Fund will apply to fresh investments made on or after June 15.

axis mutual fund changes

Axis Mutual Fund has announced changes to its exit load structure.

Axis Mutual Fund has proposed to scrap the exit loads on its large-cap, large & mid-cap and flexi-cap schemes with effect from June 15, 2026. The fund house has also announced a change in the exit load rule for its mid-cap fund.

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In a notice-cum-addendum dated June 5, 2026, Axis Mutual Fund conveyed its decision to have no exit loads on large-cap, large & mid-cap, and flexi-cap schemes while reducing the mandatory investment period to avoid exit load in its mid-cap fund.

The following are the changes communicated by Axis Mutual Fund:

SchemeCurrent exit loadProposed exit load from June 15, 2026)
Axis Large Cap Fund Axis Large and Midcap FundIf redeemed/switched-out within 12 months from the date of allotment: a) For 10% of investments: NIL b) For remaining investments: 1% If redeemed / switched-out after 12 months from the date of allotment: NILNIL
Axis Flexicap FundIf redeemed/switched-out within 12 months from the date of allotment: a) For 20% of investments: Nil. b) For remaining investments: 1%. If redeemed / switched - out after 12 months from the date of allotment: NilNil
Axis Midcap FundIf redeemed/switched-out within 12 months from the date of allotment: a) For 10% of investments: NIL b) For remaining investments: 1% If redeemed / switched-out after 12 months from the date of allotment: NILIf redeemed/switched-out within 3 months from the date of allotment: a) For 10% of investments: NIL b) For remaining investments: 1% If redeemed / switched-out after 3 months from the date of allotment: NIL
Source: Axis Mutual Fund

Who can benefit from the revised exit load structure?

The revised exit load structure announced by Axis Mutual Fund will apply to fresh investments made on or after June 15.

"The above change in the load structure will be applicable on all prospective investments in the Schemes made on or after the Effective Date including all special products offered under the Scheme such as SIP, STP, switches etc," Axis Mutual Fund said.

Disclaimer: The information contained in this article is for informational purposes only and does not represent investment advice from Upstox. Investment decisions should be made based on independent research or consultation with a registered financial advisor. Past performance is not indicative of future results.

About The Author

Upstox
Upstox News Desk is a team of journalists who passionately cover stock markets, economy, commodities, latest business trends, and personal finance.

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