Axis Mutual Fund has changed the minimum application amount for Subscription, Redemption and Switches in Axis Liquid Fund with effect from October 3, 2016 as follows:
| Particulars | Revised Provisions |
| Minimum amount for purchase/switch-in | Growth option: Rs 500 and in multiples of Re.1/- thereafter; All other options:Rs 5000 and in multiples of Rs 1/- thereafter |
| Minimum Additional Purchase Amount | Growth option: Rs 500 and in multiples of Rs 1/- thereafter; All other options: Rs.1000 and in multiples of Rs 1/- thereafter |
| Minimum Amount for Redemption/ Switch-out | Growth Option: Rs 500 or 1 unit in respect of each option whichever is lower; All other Options: Rs 1000 or 1 unit in respect of each option whichever is lower |
The Fund House has also made available to the investors SIP Top-Up Facility with effect from October 3, 2016.
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