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Scheme Details

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SWP Guidelines

  • Systematic Withdrawal Plan (SWP) enables investors to redeem a pre-defined amount from their investments at regular intervals. To know the schemes available for SWP Click here
  • Frequency option - Monthly (minimum 6 withdrawals), Quarterly (minimum 4 withdrawals), Half yearly (minimum 4 withdrawals) and Yearly (minimum 2 withdrawals)
  • SWP facility available on 1st, 5th, 10th, 15th and 25th day of the month.
  • In the event that such a day is a holiday, the withdrawal would be affected on the next business day.
  • Units completed 3 years of lock in period in Axis Long Term Equity Fund would be eligible for SWP facility. Minimum value of Rs. 500/- and in multiple of Rs. 1/- thereafter.
  • SWP will be automatically terminated if insufficient balance maintained in the Transferor Scheme or units are pledged or upon receipt of intimation of death of the unit holder.