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Axis Mutual Fund cuts minimum redemption limit to ₹10 for liquid schemes
Axis MF lowered minimum redemption to ₹10 for liquid and overnight funds to encourage micro-investments and enhance financial inclusion.
Axis Mutual Fund reduced the minimum redemption amount to ₹10 for its liquid and overnight funds to broaden retail participation. The initiative aligns with SEBI’s financial-inclusion push and seeks to attract first-time investors through micro-transactions. Industry experts say the move could enhance liquidity and improve SIP continuity. The fund house expects a 10–15% increase in active folio count within two quarters.