mutual funds investment planning - mutual funds online ... factsheet a… · titan company limited...

I N D E X

How To Read A Factsheet

Equity Funds

Debt Funds

Hybrid Funds

6

Equity Outlook 7Axis Bluechip Fund 8Axis Focused 25 Fund 9Axis Midcap Fund 10Axis Long Term Equity Fund 11

Axis Arbitrage Fund 37

Fixed Income Outlook 15Axis Liquid Fund 16

Axis Dynamic Bond Fund 21

Axis Strategic Bond Fund 23Axis Credit Risk Fund 24

Axis Banking & PSU Debt Fund 26

Axis Equity Saver Fund 29

Axis Regular Saver Fund 34

Axis Children’s Gift Fund 35Axis Triple Advantage Fund 36

Axis Treasury Advantage Fund 19Axis Short Term Fund 20

Axis Gilt Fund 25

Tax Reckoner 2

Axis Corporate Debt Fund 22

Axis Dynamic Equity Fund 31

Hybrid Outlook 27

Axis Multicap Fund 12

Axis Ultra Short Term Fund 18

Axis Equity Hybrid Fund 33

Axis Small Cap Fund 13Axis Growth Opportunities Fund 14

17Axis Overnight Fund

I N D E X

NAV’s

Load Structure And Minimum Investment Amount

Annexure

Expense Ratios

Product Labeling

40

42

43

45

46

38SIP Performance Of Selected Schemes

Please refer to page no 39-40, 44, 45,47 for NAV, TER, Riskometer & Statutory Details.

Instrument Type/Issuer Name Industry % OF NAV

EQUITY 81.84%

HDFC Bank Limited Banks 9.55%

Bajaj Finance Limited Finance 8.41%

Kotak Mahindra Bank Limited Banks 7.64%

Tata Consultancy Services Limited Software 7.61%

Infosys Limited Software 7.03%

ICICI Bank Limited Banks 4.46%

Avenue Supermarts Limited Retailing 4.07%

Hindustan Unilever Limited Consumer Non Durables 3.30%

Maruti Suzuki India Limited Auto 3.24%

Titan Company Limited Consumer Durables 3.13%

HDFC Limited Finance 3.10%

Asian Paints Limited Consumer Non Durables 2.88%

Bajaj Finserv Limited Finance 2.68%

Nestle India Limited Consumer Non Durables 2.60%

Pidilite Industries Limited Chemicals 2.55%

Bandhan Bank Limited Banks 2.29%

Reliance Industries Limited Petroleum Products 2.04%

Divi's Laboratories Limited Pharmaceuticals 1.80%

Larsen & Toubro Limited Construction Project 1.65%

Wipro Limited Software 1.29%

Britannia Industries Limited Consumer Non Durables 0.51%

OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 0.25%

DEBT, CASH & OTHER CURRENT ASSETS 17.91%

GRAND TOTAL 100.00%

INVESTMENT OBJECTIVE: To achieve long term capital appreciation by investing in a diversified ortfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved.

AXIS BLUECHIP FUND(An Open-Ended Equity Scheme Predominantly Investing In Large Cap Stocks)

PORTFOLIO

Financial Services 38.13Consumer Goods 16.49

IT 15.93Automobile 3.24Chemicals 2.55Energy 2.04

Pharma 1.80

Construction 1.65

Cement & Cement Products

0.25

DATE OF ALLOTMENT

5thMONTHLY AVERAGE

4,123.46 January 2010

Cr.

AS ON 28th FEBRUARY’19

4,220.99 Cr.

BENCHMARK

Nifty 50

STATISTICAL MEASURES(3 YEARS)

Standard Deviation - 12.61%

Beta - 0.89

Sharpe Ratio** - 0.84

PORTFOLIOFUND MANAGER

Mr. ShreyashTURNOVER* (1 YEAR)

1.55 times DevalkarWork experience: 17 years. He

has been managing this fund since 23rd November 2016

SECTORALLOCATION

(%)

Entry Load : NA Exit Load : If redeemed / switched-out within 12 months from the date of allotment, For 10 % of investments: Nil, For remaining investments: 1%, If redeemed / switched - out after 12 months from the date of allotment:NIL

ENTRY & EXIT LOAD

**Risk-free rate assumed to be 6.35% (MIBOR as on 28-02-19) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are c lculated based on month rolling returns (absolute) for last 3 years. Data as on 28th FEBRUARY 2019.Source: ACEMF *Based on equity, equity derivatives and Fixed Income ecurities transactions only. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.

PERFORMANCE (as on 28th February 2019)

Regular Plan Direct Plan

Options Record Date

Dividend (` Per unit) NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

DividendMar 15, 2018 2.00 2.00 16.36 14.36 2.00 2.00 17.41 15.41Mar 21, 2017 1.15 1.15 14.86 13.71 1.15 1.15 15.54 14.39Mar 10, 2016 1.00 1.00 13.78 12.78 1.00 1.00 14.24 13.24

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10.

DIVIDENDS

Period 1 Year 3 Years 5 Years Since Inception

CAGR (%)

Current Value of

Investment of` 10,000/-

CAGR (%)

Current Value of

Investment of`. 10,000/-

CAGR (%)

Current Value of


CAGR (%)

Current Value of

Investment of ` 10,000

Date of inception

Axis Bluechip Fund - Growth 7.25% 10,725 16.98% 16,007 14.81% 19,955 11.36% 26,78005-Jan-10Nifty 50 (Benchmark) 4.32% 10,432 17.20% 16,099 12.86% 18,317 9.45% 22,861

S&P BSE Sensex (Additional Benchmark) 6.25% 10,625 17.54% 16,240 12.72% 18,202 9.60% 23,135Axis Bluechip Fund - Direct Plan -Growth 8.73% 10,873 18.43% 16,611 16.23% 21,217 14.97% 23,621

01-Jan-13Nifty 50 (Benchmark) 4.32% 10,432 17.20% 16,099 12.86% 18,317 11.52% 19,579S&P BSE Sensex (Additional Benchmark) 6.25% 10,625 17.54% 16,240 12.72% 18,202 11.87% 19,962Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated at `10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Shreyash Devalkar is managing the scheme since 23rd November 2016 and he manages 5 schemes of Axis Mutual Fund. Please refer to annexure on Page 42 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).

FACTSHEETFEBRUARY 2019

8

6

EQUITYM A Y 2 0 1 9

9.4%

1.1%

11.9%

QUICK TAKE

KEY HIGHLIGHTS

Equity market valuations are broadly reasonable adjusted for the cyclical low in earnings and potential for revival going forward.

We remain bullish on equities from a medium to long term perspective

Investors are suggested to have their asset allocation plan based on one’s risk appetite and future goals in life.

MARKETS

CORPORATE

GLOBAL

A spiking crude and early corporate results saw the markets drift listlessly amidst rising volatility. The S&P BSE Sensex and NIFTY 50 ended the month up 0.9% and 1.1% respectively. Mid and small caps continued their underperformance falling 3.8% and 3.1% respectively. The market returned to largely narrow market wherein select large caps and a few high quality midcaps saw gains while the rest of the market saw losses.

Retail Inflation in India continued to normalize in the month of March. CPI inflation stood at 2.86 % in March compared to 2.57 % in February 2019. The rise in the headline index in February was partly attributable to a rise in the year-on-year rate for food inflation and a spike in crude prices.

Brent crude ended the month at US$72.2/barrel as the US decided to end waivers to large oil buyers like China & India as part of the larger Iran sanctions. The India crude basket followed suit and ended the month at US$72/barrel. India has historically enjoyed better terms of trade with Iran given the extended credit terms, low cost of transport & insurance and settlement in Indian rupees. A loss of a key supplier is likely to hurt India materially given that Iran is India’s 3rd largest oil supplier.

Domestic GDP has been seen slowing in H2 FY19 basis high frequency numbers especially on consumer durables and essential services. Given this decelerating trend, corporate earnings for companies in this sector are likely to remain subdued. The earnings season got off to a rocky start. Bright spots were seen in a few IT and private banks in our coverage list. Mid cap and Small cap companies continue to report weak earnings on the back of an in general demand slowdown. This is reflected in the stock price moves in this space. The gap between the NIFTY 50 & the NIFTY Midcap 100 index on a 1-year basis is in excess of ~20%.

As India votes, the markets are in limbo. Given the pro incumbency sentiment, we believe the elections are unlikely to deliver significant negative surprises. However, the balance of power in the lower

house of parliament will be keenly watched post elections. Given the large 2014 mandate, the Modi government had taken on several key legislative projects ushering much needed changes to the way business is done in India. The conclusion of these elections will eliminate much needed policy uncertainty

We remain bullish on the India story. Given our focus on quality and are bias towards fundamentally sound business models, the big trend we are looking to play is the corporate deleveraging and operational efficiency story that is unravelling. Our investment philosophy has always looked to capture earnings driven growth over sustainably large time periods. This has worked well for us and our portfolios are testament to this philosophy.

In the medium term we continue to remain ‘cautiously optimistic’ and have been selective in our equity allocations. The recent trend reversal shows signs of a bottoming out in the markets and hence, we advise investors to deploy funds in a phased manner. Systematic investments into equity products could also help investors ride out short term volatility.

Investors

•

•

•

Do not Panic - Corrections are healthy.

Timing the markets is dangerous - Invest Systematically, Invest Regularly, Invest Responsibly.

Be fearful when others are greedy.

Distributors

•

•

•

Investors may worry - Calm your investors, corrections are ideal entry points for long term investors.

Effective Portfolio Management Key.

Investors trust you. Be Responsible!

RESPONSIBLE INVESTING – TIP FOR THE MONTH

7

Source: Bloomberg, Axis MF Research.



EQUITY 87.29%

















Hindustan Unilever Limited Consumer Non Du-rables 2.56%



UltraTech Cement Limited Cement 1.26%



GRAND TOTAL 100.00%

INVESTMENT OBJECTIVE: To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved.

AXIS BLUECHIP FUND(An Open-Ended Equity Scheme Predominantly Investing In Large Cap Stocks)

FACTSHEETAPRIL 2019

8

PORTFOLIO

Financial Services 43.42 Consumer Goods 15.60

IT 13.78 Energy 3.47 Construction 3.41 Automobile 2.57 Chemicals 2.33

Cement & Cement Products 1.72

Pharma 1.68

Telecom 0.47

DATE OF ALLOTMENT

5thJanuary 2010

MONTHLY AVERAGE

4,975.73 Cr.

AS ON 30th APRIL’19

5,143.58 Cr.

BENCHMARK

Nifty 50 TRI



Beta - 0.89


FUND MANAGER

Mr. ShreyashDevalkar

Work experience: 17 years. He has been managing this fund since

23rd November 2016

SECTORALLOCATION

(%)

8

Entry Load : NA Exit Load : If redeemed / switched-out within 12 months from the date of allotment, For 10 % of investments: Nil, For remaining investments: 1%, If redeemed / switched - out after 12 months from the date of allotment:NIL

ENTRY & EXIT LOAD

**Risk-free rate assumed to be 6.20% (MIBOR as on 30-04-19) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Data as on 30th APRIL 2019.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. TREPS/ Repo/FD/Margin FD/MFU/SLB are not considered. ̂ Based on equity and equity derivatives transactions only. TREPs/REPO/FD/Margin FD/MFU/SLB/fixed income securities are not considered

PERFORMANCE (as on 30th April 2019)


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

DividendMar 14, 2019 1.33 1.33 16.33 14.83 1.33 1.33 17.77 16.27Mar 15, 2018 2.00 2.00 16.36 14.36 2.00 2.00 17.41 15.41Mar 21, 2017 1.15 1.15 14.86 13.71 1.15 1.15 15.54 14.39

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10.

DIVIDENDS


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Bluechip Fund - Growth 9.38% 10,938 15.25% 15,314 14.62% 19,787 12.01% 28,79005-Jan-10Nifty 50 TRI (Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 10.29% 24,905

S&P BSE Sensex TRI (Additional Benchmark) 12.40% 11,240 16.55% 15,838 13.28% 18,664 10.42% 25,198Axis Bluechip Fund - Direct Plan -Growth 10.91% 11,091 16.71% 15,906 16.01% 21,017 15.91% 25,452

01-Jan-13Nifty 50 TRI (Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 12.71% 21,329S&P BSE Sensex TRI (Additional Benchmark) 12.40% 11,240 16.55% 15,838 13.28% 18,664 13.06% 21,742Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated at `10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Shreyash Devalkar is managing the scheme since 23rd November 2016 and he manages 5 schemes of Axis Mutual Fund. Please refer to annexure on Page 43 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

PORTFOLIOTURNOVER (1 YEAR)

1.13 times*

0.66 times^


Financial Services 48.40

IT 12.90 Consumer Goods 9.01 Industrial Manu-

facturing8.59

Automobile 7.60

Chemicals 5.01 Cement &

Cement Products0.87

DATE OF ALLOTMENT

29th June 2012MONTHLY AVERAGE

7,395.40 Cr.


7,584.22 Cr.

BENCHMARK

Nifty 50 TRI



Beta - 1.00


FUND MANAGER

Mr. Jinesh Gopani Work experience:17 years.

He has been managing this fund since 07th June 2016

SECTORALLOCATION

(%)

INVESTMENT OBJECTIVE: To generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of up to 25 companies.

AXIS FOCUSED 25 FUND(An open ended equity scheme investing in maximum 25 stocks investing in large cap, mid cap and small cap companies)

9

Entry Load : NAExit Load : If redeemed / switched-out within 12 months from the date of allotment, For 10 % of investments: Nil, For remaining investments: 1%, If redeemed / switched - out after 12 months from the date of allotment:NIL

**Risk-free rate assumed to be 6.20% (MIBOR as on 30-04-19) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years.Data as on 30th APRIL 2019.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. TREPS/Reverse Repo/Net current assets/ Repo/FD/Margin FD/MFU/SLB are not considered. ̂ Based on equity and equity derivatives transactions only. TREPs/REPO/FD/Margin FD/MFU/SLB/fixed income securities are not considered



CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Focused 25 Fund - Growth 0.04% 10,004 16.85% 15,962 16.75% 21,705 16.02% 27,63029-Jun-12Nifty 50 TRI (Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 13.77% 24,165

S&P BSE 200 TRI (Additional Benchmark) 5.36% 10,536 15.40% 15,373 14.35% 19,557 14.49% 25,233Axis Focused 25 Fund - Direct Plan - Growth 1.29% 10,129 18.28% 16,554 18.22% 23,106 16.00% 25,583

01-Jan-13Nifty 50 TRI (Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 12.71% 21,329S&P BSE 200 TRI (Additional Benchmark) 5.36% 10,536 15.40% 15,373 14.35% 19,557 13.18% 21,892Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated at `10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Jinesh Gopani is managing the scheme since 7th June 2016 and he manages 5 schemes of Axis Mutual Fund. Please refer to annexure on Page 43 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

PORTFOLIO


EQUITY 92.39%











Supreme Industries Limited Industrial Products 4.32%

Info Edge (India) Limited Software 3.90%



Cummins India Limited Industrial Products 2.92%

Gruh Finance Limited Finance 2.71%

WABCO India Limited Auto Ancillaries 1.64%

V-Guard Industries Limited Consumer Durables 1.35%

Endurance Technologies Limited Auto Ancillaries 1.29%

Shree Cement Limited Cement 0.87%


GRAND TOTAL 100.00%

ENTRY & EXIT LOAD

FACTSHEETAPRIL 2019


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

DividendMar 07, 2019 1.59 1.59 18.17 16.37 1.59 1.59 27.74 25.94Mar 08, 2018 2.00 2.00 19.47 17.47 - - - -Feb 28, 2017 1.30 1.30 17.14 15.84 - - - -

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund.

DIVIDENDS


1.26 times*

0.92 times^


Financial Services 30.12 Consumer Goods 16.30 Industrial

Manufacturing10.88

Pharma 7.79 IT 6.70

Automobile 5.17

Cement & Cement Products

2.93

Energy 1.81

Construction 1.55 Fertilisers &

Pesticides1.00

Services 0.78

DATE OF ALLOTMENT

18th February 2011

MONTHLY AVERAGE

2,245.41 Cr.


2,281.52 Cr.

BENCHMARK

S&P BSE MidcapTRI



Beta - 0.72


FUND MANAGER

Mr. Shreyash Devalkar

Work experience: More than 17 years.He has been managing this fund since

23rd November 2016

SECTORALLOCATION

(%)

INVESTMENT OBJECTIVE: To achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies.

AXIS MIDCAP FUND(An Open Ended Equity Scheme Predominantly Investing In Mid Cap Stocks)

10

Entry Load : NAExit Load : If redeemed / switched-out within 12 months from the date of allotment, For 10 % of investments: Nil, For remaining investments: 1%, If redeemed / switched - out after 12 months from the date of allotment:NIL**Risk-free rate assumed to be 6.20% (MIBOR as on 30-04-19) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Data as on 30th APRIL 2019.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. TREPS/Reverse Repo/Net current assets/ Repo/FD/Margin FD/MFU/SLB are not considered. ̂ Based on equity and equity derivatives transactions only. TREPs/REPO/FD/Margin FD/MFU/SLB/fixed income securities are not considered


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Feb 14, 2019 2.12 2.12 24.10 21.70 2.12 2.12 29.05 26.65

DividendOct 16, 2017 2.25 2.25 24.83 22.58 2.25 2.25 29.02 26.77Sep 15, 2016 2.00 2.00 22.64 20.64 2.00 2.00 25.83 23.83Sep 10, 2015 1.75 1.75 23.29 21.54 1.75 - 26.04 24.29


DIVIDENDS



CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Midcap Fund - Growth 0.95% 10,095 14.50% 15,019 18.31% 23,188 16.97% 36,15018-Feb-11S&P BSE Midcap TRI (Benchmark) -11.62% 8,838 11.60% 13,903 16.57% 21,535 11.77% 24,908

Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 11.16% 23,809Axis Midcap Fund - Direct Plan - Growth 2.12% 10,212 15.83% 15,547 19.72% 24,611 17.97% 28,459

01-Jan-13S&P BSE Midcap TRI (Benchmark) -11.62% 8,838 11.60% 13,903 16.57% 21,535 13.59% 22,400Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 12.71% 21,329Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Shreyash Devalkar is managing the scheme since 23rd November 2016 and he manages 5 schemes of Axis Mutual Fund. Please refer to annexure on Page 43 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

PORTFOLIO


EQUITY 84.76%


City Union Bank Limited Banks 5.29%





Astral Poly Technik Limited Industrial Products 3.59%



Bata India Limited Consumer Durables 3.12%

ACC Limited Cement 2.93%

RBL Bank Limited Banks 2.86%

Mahindra & Mahindra Financial Services Limited Finance 2.55%

Torrent Pharmaceuticals Limited Pharmaceuticals 2.54%

Cholamandalam Investment and Finance Company Limited Finance 2.37%

Supreme Industries Limited Industrial Products 2.35%

Aditya Birla Fashion and Retail Limited Retailing 2.22%

Sundaram Finance Limited Finance 2.16%

Sanofi India Limited Pharmaceuticals 2.07%

Indraprastha Gas Limited Gas 1.81%

MphasiS Limited Software 1.79%

Berger Paints (I) Limited Consumer Non Durables 1.75%

Kansai Nerolac Paints Limited Consumer Non Durables 1.71%

Trent Limited Retailing 1.64%


Voltas Limited Consumer Durables 1.55%

Schaeffler India Limited Industrial Products 1.27%

TTK Prestige Limited Consumer Durables 1.26%

SKF India Limited Industrial Products 1.22%


Max Financial Services Limited Finance 1.04%

PI Industries Limited Pesticides 1.00%


Quess Corp Limited Services 0.78%

Balkrishna Industries Limited Auto Ancillaries 0.60%



GRAND TOTAL 100.00%

ENTRY & EXIT LOAD

FACTSHEETAPRIL 2019


0.59 times*

0.45 times^


Financial Services 42.27 IT 13.16 Consumer Goods 12.14 Automobile 9.80 Chemicals 6.95 Industrial Manufacturing 3.97 Energy 3.89 Pharma 1.66 Construction 1.52 Services 0.29

DATE OF ALLOTMENT

29th December 2009

MONTHLY AVERAGE

19,020.78 Cr.


19,108.72 Cr.

BENCHMARK

S&P BSE 200 TRI


Standard Deviation

- 13.33%

Beta - 0.97



0.68 times*

0.35 times^

FUND MANAGER

Mr. Jinesh Gopani Work experience: 17 years.

He has been managing this fund since 1st April 2011

SECTORALLOCATION

(%)

INVESTMENT OBJECTIVE: To generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities. However, there can be no assurance that the investment objective of the Scheme will be achieved.

AXIS LONG TERM EQUITY FUND(An Open-Ended Equity Linked Savings Scheme With A Statutory Lock In Of 3 Years And Tax Benefit)

11

Entry Load : NA Exit Load : NIL

**Risk-free rate assumed to be 6.20% (MIBOR as on 30-04-19) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Data as on 30th APRIL 2019.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. TREPS/Reverse Repo/Net current assets/ Repo/FD/Margin FD/MFU/SLB are not considered. ̂ Based on equity and equity derivatives transactions only. TREPs/REPO/FD/Margin FD/MFU/SLB/fixed income securities are not considered



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Jan 31, 2019 2.04 2.04 21.3841 19.0841 1.33 1.33 35.8679 34.3679

Regular Dividend

Mar 22, 2018 2.50 2.50 23.0548 20.5548 1.50 1.50 35.6776 34.1776Jan 31, 2017 2.23 2.23 21.1726 18.9426 - - - -Jan 25, 2016 2.25 2.25 21.2217 18.9717 - - - -


DIVIDENDS


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of Investment of `

10,000

Date of inception

Axis Long Term Equity Fund - Growth 1.90% 10,190 14.28% 14,930 18.15% 23,030 17.31% 44,41029-Dec-09S&P BSE 200 TRI (Benchmark) 5.36% 10,536 15.40% 15,373 14.35% 19,557 10.65% 25,727

Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 10.47% 25,337Axis Long Term Equity Fund - Direct Plan - Growth 2.94% 10,294 15.51% 15,418 19.50% 24,377 20.17% 31,997

01-Jan-13S&P BSE 200 TRI (Benchmark) 5.36% 10,536 15.40% 15,373 14.35% 19,557 13.18% 21,892Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 12.71% 21,329Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Jinesh Gopani is managing the scheme since 1st April 2011and he manages 5 schemes of Axis Mutual Fund. Please refer to annexure on Page 43 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

PORTFOLIO


EQUITY 94.68%











Torrent Power Limited Power 3.89%




Symphony Limited Consumer Durables 2.02%




Motherson Sumi Systems Limited Auto Ancillaries 1.76%






Multi Commodity Exchange of India Limited Finance 0.75%

Mas Financial Services Limited Finance 0.61%




GRAND TOTAL 100.00%

ENTRY & EXIT LOAD

FACTSHEETAPRIL 2019


MONTHLY AVERAGE

3,355.26 Cr.


3,418.83 Cr.

BENCHMARK

Nifty 500 Index TRI

SECTORALLOCATION

(%)

AXIS MULTICAP FUND

12

INVESTMENT OBJECTIVE: To generate long term capital appreciation by investing in a diversified portfolio of equity and equity related struments across market capitalization. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.

(An Open-Ended Equity Scheme Investing Across Large Cap , Mid Cap, Small Cap Stocks.)

Mr. Shreyash Devalkar Work experience: 17 years.

He has been managing this fund since inception.

FUND MANAGER

DATE OF ALLOTMENT

20th November 2017

Entry Load : NAExit Load : If redeemed / switched-out within 12 months from the date of allotment: • For 10% of investment: NIL• For remaining investment: 1%If redeemed / switched - out after 12 months from the date of allotment: Nil

PORTFOLIO


EQUITY 85.70%















Housing Development Finance Corporation Limited Finance 2.39%






RBL Bank Limited Banks 0.99%




GRAND TOTAL 100.00%

Financial Services 41.36 Consumer Goods 16.25 IT 12.90 Construction 3.21 Chemicals 2.88 Automobile 2.75 Cement & Cement Products 2.31 Energy 2.04 Industrial Manufacturing 1.97 Pharma 1.97 Telecom 0.47 Services 0.43



CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Multicap Fund - Regular Plan - Growth 7.18% 10,718 NA NA NA NA 10.12% 11,490 20-Nov-17Nifty 500 TRI (Benchmark) 2.98% 10,298 NA NA NA NA 4.87% 10,710Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 10.86% 11,602Axis Multicap Fund - Direct Plan - Growth 8.98% 10,898 NA NA NA NA 11.97% 11,770 20-Nov-17Nifty 500 TRI (Benchmark) 2.98% 10,298 NA NA NA NA 4.87% 10,710Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 10.86% 11,602Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. The performance data for 3 and 5 years period has not been provided, since scheme is in existence for less than 3 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Shreyash Devalkar is managing the scheme since 20th Nov 2017 and he manages 5 schemes of A xis Mutual Fund. Please refer to annexure on Page 43 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

ENTRY & EXIT LOAD

PORTFOLIOTURNOVER* (1 YEAR)

1.06 times

FACTSHEETAPRIL 2019


MONTHLY AVERAGE

314.23 Cr.


325.26 Cr.

BENCHMARK

Nifty Smallcap100 TRI

SECTORALLOCATION

(%)

AXIS SMALL CAP FUND*

13

INVESTMENT OBJECTIVE: To generate long-term capital appreciation from a diversified portfolio of predominantly equity & equity related instruments of small cap companies.

(An open ended equity scheme predominantly investing in small cap stocks)

FUND MANAGER

DATE OF ALLOTMENT

29th November 2013

Entry Load : NAExit Load : If redeemed / switched-out within 12 months from the date of allotment: • For 10% of investment: NIL• For remaining investment: 1%If redeemed / switched - out after 12 months from the date of allotment: Nil

PORTFOLIO


EQUITY 88.63%

Galaxy Surfactants Limited Chemicals 6.96%


Mas Financial Services Limited Finance 6.81%

TCNS Clothing Co. Limited Textile Products 5.20%

Vinati Organics Limited Chemicals 5.01%

Fine Organic Industries Limited Chemicals 4.39%

HeidelbergCement India Limited Cement 4.31%

Gulf Oil Lubricants India Limited Petroleum Products 3.93%

NIIT Technologies Limited Software 3.64%

Schaeffler India Limited Industrial Products 3.35%


Varroc Engineering Limited Auto Ancillaries 3.11%

JK Cement Limited Cement 2.96%

Blue Star Limited Consumer Durables 2.88%

VST Industries Limited Consumer Non Durables 2.81%

Grindwell Norton Limited Industrial Products 2.69%

Neogen Chemicals Ltd Chemicals 2.68%

Vesuvius India Limited Industrial Products 2.62%

SRF Limited Textile Products 2.53%

Chalet Hotels Limited Hotels, Resorts And Other Recreational Activities 2.18%

Aarti Industries Limited Chemicals 1.92%

Orient Refractories Limited Industrial Products 1.91%

Can Fin Homes Limited Finance 1.81%


MM Forgings Limited Industrial Products 0.96%

CEAT Limited Auto Ancillaries 0.85%

Igarashi Motors India Limited Auto Ancillaries 0.75%

Ahluwalia Contracts (India) Limited Construction 0.67%


GRAND TOTAL 100.00%

Chemicals 20.96 Financial Services 15.51 Industrial Manufacturing 14.72 Textiles 7.73 Consumer Goods 7.31 Cement & Cement Products 7.27 Automobile 4.71 Energy 3.93 IT 3.64 Services 2.18 Construction 0.67



CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Small Cap Fund - Regular Plan - Growth

-3.04% 9,696 11.84% 13,995 19.07% 23,948 20.75% 27,78029-Nov-13

Nifty Small Cap 100 TRI (Benchmark) -22.14% 7,786 8.47% 12,764 11.55% 17,276 15.10% 21,424Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 13.97% 20,309Axis Small Cap Fund - Direct Plan - Growth -1.99% 9,801 13.07% 14,461 20.39% 25,300 22.09% 29,500 29-Nov-13Nifty Small Cap 100 TRI (Benchmark) -22.14% 7,786 8.47% 12,764 11.55% 17,276 15.10% 21,424Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 13.97% 20,309Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Anupum Tiwari is managing the scheme since 29th Nov 2013 and he manages 7 schemes of A xis Mutual Fund. Please refer to annexure on Page 44 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

ENTRY & EXIT LOAD


Standard Deviation

- 12.83%

Beta - 0.51


*Axis Small Cap Fund was launched as a 5 Year Close Ended Equity Scheme (with automatic conversion into an open ended equity scheme on completion of 5 years). The Scheme was converted into an open ended equity scheme w.e.f November 29, 2018.


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Regular Dividend

Oct 16, 2017 2.00 2.00 23.78 21.78 2.00 2.00 24.88 22.88Oct 08, 2015 2.00 2.00 19.65 17.65 2.00 2.00 20.07 18.07


DIVIDENDS

PORTFOLIOTURNOVER* (1 YEAR)

0.64 times

Mr. Anupam Tiwari Work experience: 13 years.

He has been managing this fund since 06th October 2016.

FACTSHEETAPRIL 2019

**Risk-free rate assumed to be 6.20% (MIBOR as on 30-04-19) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Data as on 30th APRIL 2019.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. TREPS/Reverse Repo/Net current assets/ Repo/FD/Margin FD/MFU/SLB are not considered.


MONTHLY AVERAGE

703.75 Cr.


709.92 Cr.

BENCHMARK

S&P BSE 200 TRI

SECTORALLOCATION

(%)

AXIS GROWTH OPPORTUNITIES FUND

14

INVESTMENT OBJECTIVE: To generate long term capital appreciation by investing in a diversified portfolio of Equity & Equity Related Instruments both in India as well as overseas. However, there can be no assurance that the investment objective of the Scheme will be achieved.

An open-ended equity scheme investing in both large cap and mid cap stocks

Mr. Jinesh Gopani Work experience: 17 years.


FUND MANAGER

DATE OF ALLOTMENT

22nd October2018

Entry Load : NAExit Load : If redeemed / switched-out on or before 12 months from the date of allotment, For 10% of investments: Nil. For remaininginvestments: 1%. If redeemed / switched - out after 12 months from the date of allotment: NIL

PORTFOLIO


EQUITY 97.54%DOMESTIC EQUITIES 68.09%Info Edge (India) Limited Software 6.01%Tata Consultancy Services Limited Software 5.71%Kotak Mahindra Bank Limited Banks 4.86%HDFC Limited Finance 4.58%Torrent Power Limited Power 3.99%HDFC Bank Limited Banks 3.89%Cummins India Limited Industrial Products 3.79%Quess Corp Limited Services 3.68%Asian Paints Limited Consumer Non Durables 3.63%Bandhan Bank Limited Banks 3.38%PI Industries Limited Pesticides 3.00%Bajaj Finance Limited Finance 2.73%Supreme Industries Limited Industrial Products 2.46%ICICI Bank Limited Banks 2.35%Pidilite Industries Limited Chemicals 2.34%Avenue Supermarts Limited Retailing 1.91%Sanofi India Limited Pharmaceuticals 1.83%Bata India Limited Consumer Durables 1.76%Sundaram Finance Limited Finance 1.62%RBL Bank Limited Banks 1.57%Astral Poly Technik Limited Industrial Products 1.54%Aarti Industries Limited Chemicals 0.95%Gruh Finance Limited Finance 0.53%INTERNATIONAL EQUITIES 29.45%

Alphabet Inc A Interactive Media & Services 2.17%

Bank Of America Corp Diversified Banks 1.69%Nestle SA Packaged Foods & Meats 1.56%Novartis Ag-Sponsored Adr Pharmaceuticals 1.53%JP Morgan Chase & Co Diversified Banks 1.50%Eli Lilly & Co Pharmaceuticals 1.25%

Rockwell Automation Inc Electrical Components & Equipment 1.19%

Nutrien Limited Fertilizers & Agricultural Chemicals 1.16%

Total Sa-Spon Adr Integrated Oil & Gas 1.08%Home Depot Inc Home Improvement Retail 0.99%Philip Morris International Tobacco 0.99%

Visa Inc Data Processing & Outsourced Services 0.97%

Texas Instrs Inc Com Semiconductors 0.92%Intel Corp Semiconductors 0.91%International Paper Co Paper Packaging 0.89%Johnson & Johnson Pharmaceuticals 0.88%Broadcom Inc Semiconductors 0.84%

Thermo Fisher Scientific Inc Life Sciences Tools & Services 0.80%

Adobe Inc Application Software 0.80%Occidental Petroleum Corporation Integrated Oil & Gas 0.78%

T-Mobile US Inc Wireless Telecommunica-tion Services 0.75%

Comcast Corp-Class A Cable & Satellite 0.65%

Caterpillar INC Construction Machinery & Heavy Trucks 0.64%

Oracle Corporation Systems Software 0.63%Autozone Inc (USD) Automotive Retail 0.62%Roper Technologies Inc Industrial Conglomerates 0.62%

Booking Holdings Inc Internet & Direct Marketing Retail 0.61%

Deere And Co Ltd Agricultural & Farm Machinery 0.61%

Fortive Corp Industrial Machinery 0.60%Medtronic PLC Health Care Equipment 0.52%OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 0.31%


GRAND TOTAL 100.00%

Industrial Manufacturing 36.01

Financial Services 24.25

IT 13.39

Consumer Goods 8.09

Energy 5.85

Pharma 4.46

Chemicals 3.29

Services 1.24

Automobile 0.99

ENTRY & EXIT LOAD

Mr. Hitesh Das (for Foreign Securities)

Work experience: 09 years.He has been managing this fund since

inception.

Note : Industry classification is done as per Global Industry Classification Standard (GICS) by MSCI and Standard & Poor’s for Foreign Equity

FACTSHEETAPRIL 2019

FIXEDINCOME

M A Y 2 0 1 9

10 YEAR G-SEC YIELD

7.41%

QUICK TAKE

CPI Inflation : Last 1 year2.86%

4.58%

Repo : Last 1 year

6.00%

6.25%

10 yr G-Sec : Last 1 year

7.41%

7.77%

• Opportunities have emerged across the corporate bond curve, Added maturities across portfolios through selective corporate long bonds.

• Manageable Inflation and attempts to stimulate growth in the economy are likely to push bond yields down.

• We advise investors to stay invested in short to medium term strategies and actively look at credit funds. Accrual investors may look at medium term roll down strategies to lock in attractive rates at current levels.

Key Market Events•

•

•

•

•

Reasons for the Sharp rises in yields

RBI maintains Neutral stance, 10 Year at 7.41%: In its first monetary policy for the new year RBI decided to further reduce the policy repo rate by 25 bps along expected lines. The RBI cited lower than expected inflation and GDP growth estimates as reasons for the latest policy action. The RBI’s dovish stance is in tandem with other central banks across the developed world as waning global growth and geo political uncertainty weigh on the global economy. Crude Oil – A Cause for Concern: Brent crude ended the month at US$72.2/barrel as the US decided to end waivers to large oil buyers like China & India as part of the larger Iran sanctions. The India crude basket followed suit and ended the month at US$72/barrel. CPI Inflation – Positive Trend Reversal: Retail Inflation in India continued to normalize in the month of March. CPI inflation stood at 2.86 % in March compared to 2.57 % in February 2019. The rise in the headline index in February was partly attributable to a rise in the year-on-year rate for food inflation and a spike in crude prices.Currency – Resilient yet fairly valued: Currency has been a big positive over the last few quarters relative to the rest of the EM basket and several global currency pairs. The RBI Swap program, has further bolstered currency markets, sapping excess dollar liquidity from the system. In spite of this currency strength, on a REER basis the INR continues to remain fairly valued.Global Round Up: A dovish Fed and a US recession risk dragged the US 10 year to 15 month lows during the month. Loose monetary policy was also implemented by the ECB and Japan on concerns over weaker global growth. On the contrary, high frequency manufacturing and services indicators across the world however have seen a positive turn, most prominent amongst the pack is the Chinese PMI indicator that moved back into positive territory.

The 10-year benchmark has been a misleading indicator this month. While the headline indicator points to a minor rise in yields, the situation has been significantly different across the corporate curves. 3 Year AAA corporate bonds have seen a spike of approximately 35-40 bps while 1 Year A1+ CDs and corporate bonds have seen yields rise from 7.40% to 7.70%. We attribute this sell off to the following factors• Tight banking liquidity & Weak Government Spending – The government

has been sitting on cash in the run up to the elections. Furthermore, this lack of spending has put a knock down pressure on PSUs who have organized larger issuances in the first half of the year (A deviation from past trends) to fund projects, further adding to pressures on yields.

• Limited Durable Liquidity Injection by RBI – The RBI has had announced Fx Swaps over 2 tranches totaling roughly Rs 70,000 Cr. However, OMOs and the Fx Swap have fallen short of market requirements adding to pressures on the yield curve.

• Market Sentiment – The markets had been over optimistic on the extent of rate cuts. The latest RBI policy action tempered future expectations. This has led to a material correction in sentiment thus affecting bond yields

• Crude Spike - India has historically enjoyed better terms of trade with Iran given the extended credit terms, low cost of transport & insurance and settlement in Indian rupees. A loss of a key supplier is likely to hurt India materially given that Iran is India’s 3rd largest oil supplier.

Given the persistently tight liquidity conditions in the market, we do not rule out further OMO’s and other liquidity enhancement options. Post elections, we also anticipate a return in government spending alleviating pain especially in PSU bonds. This spike in yields offer significant opportunities to investors looking locking in short term rates. On the credits space concerns over a few high profile defaults have further raised rates in lower rated securities (AA and below).We have selectively added duration in our portfolios through 3-year AAA corporate bonds & select corporate long bonds. We have also added select 1-3 year AA credits across our credit portfolios in line with our credit view. AA Credit spreads currently are hovering between 275-300 bps over the Repo rates making them an attractive investment opportunity. As always, our prudent investment norms and strong risk mitigation framework form the bedrock of all our credit evaluation. The corporate bond spread in the short to medium tenor space also offers material opportunities for buy and hold investors and hence believe that investors should consider deploying funds in short term funds & roll down strategies.

Our View

Investors

•

•

Select a fund that meets your risk profile. Investing in credits is all about process.

Select a fund house with a robust investment process and credit management system.

Distributors

•

•

•





15 Source: Bloomberg, Axis MF Research.


PORTFOLIORATING % Of NAV

COMMERCIAL PAPER 69.85%

NABARD ICRA A1+/IND A1+/CRISIL A1+ 6.66%

Steel Authority of India Limited CARE A1+ 4.21%HDFC Limited ICRA A1+/CRISIL A1+ 3.86%Reliance Retail Ltd ICRA A1+/CRISIL A1+ 3.37%Chennai Petroleum Corporation Limited CRISIL A1+ 3.33%Export Import Bank of India CRISIL A1+ 3.22%Power Finance Corporation Limited CRISIL A1+ 3.02%Indian Oil Corporation Limited CRISIL A1+/ICRA A1+ 2.54%Aditya Birla Finance Limited ICRA A1+ 2.44%Reliance Industries Limited CRISIL A1+ 1.93%Grasim Industries Limited ICRA A1+ 1.63%Larsen & Toubro Limited CRISIL A1+ 1.63%UltraTech Cement Limited CRISIL A1+ 1.63%Reliance Jio Infocomm Limited CRISIL A1+/CARE A1+ 1.62%Daimler Financial Services India Pvt Limited CRISIL A1+ 1.57%NTPC Limited ICRA A1+/CRISIL A1+ 1.57%Aditya Birla Capital Limited CRISIL A1+ 1.38%Indus Towers Limited CRISIL A1+ 1.31%CESC Limited ICRA A1+ 1.30%Tata Capital Financial Services Limited ICRA A1+ 1.30%National Fertilizers Limited ICRA A1+ 0.98%ICICI Home Finance Company Limited ICRA A1+ 0.98%SBI Cards & Payment Services Pvt Limited CRISIL A1+ 0.98%Magma Fincorp Limited CRISIL A1+ 0.90%Aditya Birla Fashion and Retail Limited CRISIL A1+ 0.83%Muthoot Finance Limited CRISIL A1+ 0.81%ICICI Securities Limited CRISIL A1+ 0.81%Vedanta Limited CRISIL A1+ 0.77%Small Industries Dev Bank of India CARE A1+/CRISIL A1+ 0.67%Tata Motors Limited CRISIL A1+ 0.65%Hinduja Leyland Finance Limited CRISIL A1+ 0.65%Tata Motors Finance Limited ICRA A1+ 0.65%Mahindra Rural Housing Finance IND A1+ 0.65%Shree Cement Limited CARE A1+ 0.65%Bajaj Finance Limited CRISIL A1+ 0.65%TMF Holdings Limited ICRA A1+ 0.65%National Housing Bank CRISIL A1+ 0.65%Nabha Power Limited ICRA A1+ 0.65%L&T Housing Finance ICRA A1+ 0.61%India Infoline Finance Limited CRISIL A1+ 0.55%Network18 Media & Investments Limited ICRA A1+ 0.49%Talwandi Sabo Power Limited CRISIL A1+(SO) 0.46%JM Financial Services Limited CRISIL A1+/ICRA A1+ 0.41%UPL Limited CRISIL A1+ 0.33%HDFC Credila Financial Services Pvt Limited CRISIL A1+ 0.33%JSW Steel Limited ICRA A1+ 0.33%Sundaram BNP Paribas Home Finance Limited ICRA A1+ 0.33%Hindustan Petroleum Corporation Limited CRISIL A1+ 0.33%Tata Power Solar Systems Limited CRISIL A1+(SO) 0.33%CEAT Limited CARE A1+ 0.33%LIC Housing Finance Limited ICRA A1+ 0.33%ICICI Sec Primary Dealership Limited CRISIL A1+ 0.33%IIFL Wealth Management Limited CRISIL A1+ 0.33%JM Financial Products Limited ICRA A1+ 0.33%Godrej Industries Limited ICRA A1+ 0.16%Turquoise Invest & Finance Pvt Limited CRISIL A1+ 0.16%TGS Investment & Trade Pvt Limited ICRA A1+ 0.16%HSBC InvestDirect Financial Services (India) Limited IND A1+ 0.16%CERTIFICATE OF DEPOSIT 25.99%IDFC First Bank Limited ICRA A1+ 3.25%ICICI Bank Limited ICRA A1+ 2.90%Indian Bank IND A1+ 2.70%Canara Bank ICRA A1+/CRISIL A1+ 1.99%Andhra Bank CARE A1+ 1.88%Vijaya Bank CARE A1+ 1.87%Punjab National Bank CRISIL A1+/CARE A1+ 1.79%Bank of India CRISIL A1+ 1.79%Union Bank of India ICRA A1+ 1.63%The Federal Bank Limited CRISIL A1+ 1.60%IndusInd Bank Limited CRISIL A1+ 1.44%The South Indian Bank Limited CRISIL A1+ 0.98%Bank of Baroda IND A1+ 0.81%Kotak Mahindra Bank Limited CRISIL A1+ 0.62%Bandhan Bank Limited ICRA A1+ 0.57%Small Industries Dev Bank of India CARE A1+ 0.16%TREASURY BILL 5.40%364 Days Tbill Sovereign 0.46%182 Days Tbill Sovereign 0.33%91 Days Tbill Sovereign 0.49%91 Days Tbill Sovereign 0.33%91 DAYS Tbill Sovereign 1.33%91 Days Tbill Sovereign 1.75%91 DAYS Tbill Sovereign 0.26%91 DAYS Tbill Sovereign 0.45%CORPORATE BOND 1.73%HDFC LIMITED CRISIL AAA 0.76%Cholamandalam Investment and Finance Company Limited

ICRA AA+ 0.45%

Gruh Finance Limited CRISIL AAA 0.16%UPL Limited BWR AA+ 0.15%Mahindra & Mahindra Financial Services Limited IND AAA 0.13%

Mahindra Rural Housing Finance CRISIL AA+ 0.08%

BILLS REDISCOUNTING 1.30%

IndusInd Bank Limited 1.30%

ZERO COUPON BOND 1.28%

Aditya Birla Fashion and Retail Limited CRISIL AA 1.01%

Tata Capital Financial Services Limited ICRA AAA 0.18%

Mahindra & Mahindra Financial Services Limited IND AAA 0.09%

NET CURRENT ASSETS -5.55%

GRAND TOTAL 100.00%

DATE OF ALLOTMENT

9th October 2009MONTHLY AVERAGE

32,368.54 Cr.


30,460.41 Cr.

BENCHMARK

NIFTY Liquid Index

AVERAGE MATURITY*

41 daysMODIFIED DURATION*

39 daysMaculary Duration*

40 daysPORTFOLIO YIELD (YIELD TO MATURITY&)

6.94%

Mr. Devang ShahWork experience: 14 years.

He has been managing this fund since5th November 2012.

Mr. Aditya PagariaWork experience: 11 years.

He has been managing this fund since13th August 2016.

FUND MANAGER

COMPOSITION BY ASSETS (%) COMPOSITION BY RATING (%)

INVESTMENT OBJECTIVE: To provide a high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market and debt securities. However, there can be no assurance that the investment objective of the Scheme will be achieved.

AXIS LIQUID FUND(An Open-Ended Liquid Scheme)

Entry Load : NAExit Load : NIL

16

^^


Regular Plan Retail Plan Direct Plan

Options Record Date

Dividend (` Per unit)

NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)

Individ-uals/ HUF

OthersIndividu-

als/ HUF

Oth-ers

Individu-als/ HUF

Others

Monthly Dividend

Apr 25, 2019 4.8119 4.4558 1,007.5545 1,000.8742 4.5201 4.1830 1,006.5522 1,000.2810 4.8415 4.4833 1,007.0022 1,000.2808 Mar 25, 2019 3.9190 3.6290 1,006.3149 1,000.8742 3.6504 3.3804 1,005.3490 1,000.2810 3.9446 3.6527 1,005.7570 1,000.2808 Feb 25, 2019 4.2571 3.9421 1,006.7842 1,000.8742 3.9906 3.6629 1,005.7725 1,000.2810 4.2853 3.9682 1,006.2300 1,000.2808


DIVIDENDS


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Liquid Fund - Growth 7.53% 10,753 7.18% 12,311 7.72% 14,507 7.94% 20,771

09-Oct-09NIFTY Liquid Index (Benchmark) 7.36% 10,736 6.99% 12,245 7.55% 14,389 7.88% 20,647NIFTY 1 Year T-Bill Index (Additional Benchmark)

7.38% 10,738 7.00% 12,250 7.65% 14,459 6.89% 18,913

Axis Liquid Fund - Direct Plan - Growth 7.59% 10,759 7.25% 12,335 7.79% 14,553 8.11% 16,384

31-Dec-12NIFTY Liquid Index (Benchmark) 7.36% 10,736 6.99% 12,245 7.55% 14,389 7.91% 16,193NIFTY 1 Year T-Bill Index (Additional Benchmark)

7.38% 10,738 7.00% 12,250 7.65% 14,459 7.55% 15,854

Axis Liquid Fund - Retail - Growth 6.95% 10,695 6.59% 12,110 7.15% 14,125 7.62% 19,604

01-Mar-10NIFTY Liquid Index (Benchmark) 7.36% 10,736 6.99% 12,245 7.55% 14,389 8.07% 20,370NIFTY 1 Year T-Bill Index (Additional Benchmark)

7.38% 10,738 7.00% 12,250 7.65% 14,459 7.03% 18,640

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 1,000 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 5th November 2012 and he manages 31 schemes & Aditya Pagaria is managing the scheme since 13th August 2016 and he manages 7 schemes. Please refer to annexure on Page 43 - 44 & 44 - 45 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

* For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.

ENTRY & EXIT LOAD

FACTSHEETAPRIL 2019

Commercial Paper 69.85% Certificate of Deposit 25.99% Treasury Bill 5.40% Corporate Bond 1.73% Bills Rediscounting 1.30% Zero Coupon Bond 1.28% Net Current Assets -5.55%

Sovereign/ AAA & equivalent 98.31% AA 1.01% AA+ 0.68%


PORTFOLIORATING % Of NAV

Net Current Assets 100.00%

GRAND TOTAL 100.00%

DATE OF ALLOTMENT

15th March 2019MONTHLY AVERAGE

241.07 Cr.


147.03 Cr.

BENCHMARK

NIFTY 1D Rate Index

AVERAGE MATURITY*




6.05%


He has been managing this fund since inception

FUND MANAGER


INVESTMENT OBJECTIVE: The investment objective of the Scheme is to provide reasonable returns commensurate with very low interest rate risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity/residual maturity of 1 business day. However, there can be no

assurance or guarantee that the investment objective of the scheme would be achieved.

AXIS OVERNIGHT FUND(An open-ended debt scheme investing in overnight securities)

Entry Load : NAExit Load : NIL

17

^^


Options Record Date


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individ-uals/ HUF

OthersIndividuals/

HUFOthers

Monthly Dividend

Apr 25, 2019 4.4851 4.1538 1,007.0659 1,000.8385 4.5372 4.2012 1,007.1443 1,000.8457


DIVIDENDS


ENTRY & EXIT LOAD

FACTSHEETAPRIL 2019

Net Current Assets 100.00% Sovereign/ AAA & equivalent 100.00%


PORTFOLIO

MONTHLY AVERAGE

1,233.09 Cr.


1,250.79 Cr.

BENCHMARK

CRISIL Ultra Short Term Debt Index

AXIS ULTRA SHORT TERM FUND

18

INVESTMENT OBJECTIVE: The investment objective of the Scheme is to generate regular income and capital appreciation by investing in a portfolio of short term debt and money market instruments with relatively lower interest rate risk such that Macaulay duration of the portfolio is between 3 months and 6 months.

(An open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months)

Mr. Aditya Pagaria Work experience: 11 years.


FUND MANAGER

DATE OF ALLOTMENT

10th September 2018

Entry Load :NAExit Load : Nil

Since scheme has not completed one year, performance details for the same are not provided.



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Aprr 25, 2019 0.0460 0.0426 10.0880 10.0242 0.0504 0.0467 10.1017 10.0316

Monthly DividendMar 25, 2019 0.0418 0.0387 10.0850 10.0269 0.0579 0.0536 10.1129 10.0325

Feb 25, 2019 0.0472 0.0437 10.0882 10.0227 0.0463 0.0428 10.1076 10.0433Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund.

DIVIDENDS

AVERAGE MATURITY*


153 days

PORTFOLIO YIELD (YIELD TO MATURITY&)

8.10%


RATING % Of NAVCORPORATE BOND 56.57%

Small Industries Dev Bank of India CARE AAA 6.00%

NABARD CRISIL AAA 5.22%

Power Finance Corporation Limited CRISIL AAA 4.80%

National Housing Bank IND AAA 3.99%

HDFC Limited CRISIL AAA 3.20%

Hinduja Leyland Finance Limited CARE AA- 2.80%

Cholamandalam Investment and Finance

Company LimitedICRA AA+ 2.39%

Muthoot Finance Limited CRISIL AA 2.29%

Tata Motors Limited CARE AA 2.00%

Citicorp Finance India Limited ICRA AAA 2.00%

Mahindra Rural Housing Finance IND AA+ 2.00%

Piramal Enterprises Limited ICRA AA 1.99%

Nirma Limited CRISIL AA 1.98%

Gruh Finance Limited CRISIL AAA 1.60%

Avenue Supermarts Limited CRISIL AA+ 1.21%

Bahadur Chand Investments Pvt Limited ICRA AA 1.20%

Bank of Baroda CARE AA 1.20%

Talwandi Sabo Power Limited CRISIL AA(SO) 1.19%

Hero Fincorp Limited CRISIL AA+ 1.19%

Vodafone Mobile Services Limited CRISIL A+ 1.03%

Northern Arc Capital Limited ICRA A+ 0.88%

REC Limited CRISIL AAA 0.81%

Aasan Corporate Solutions Private Limited ICRA AA-(SO) 0.80%

Ujjivan Small Finance Bank Limited CARE A+ 0.80%

Magma Fincorp Limited ICRA AA- 0.80%

Shriram Transport Finance Company Limited IND AA+ 0.79%

Asirvad Microfinance Ltd CRISIL A+ 0.60%

IndoStar Capital Finance Limited CARE AA- 0.56%

JM Financial Products Limited CRISIL AA 0.56%

Reliance Industries Limited CRISIL AAA 0.39%

IDFC First Bank Limited CARE AA+ 0.32%

CERTIFICATE OF DEPOSIT 23.83%

The South Indian Bank Limited CRISIL A1+ 3.96%

IDFC First Bank Limited ICRA A1+ 3.89%

ICICI Bank Limited CRISIL A1+/ICRA A1+ 3.79%

Small Industries Dev Bank of India CARE A1+ 2.62%

Equitas Small Finance Bank Limited CRISIL A1+ 1.98%

Bandhan Bank Limited ICRA A1+ 1.98%

IndusInd Bank Limited CRISIL A1+ 1.88%

Andhra Bank CARE A1+ 1.87%

NABARD IND A1+ 1.86%


HDFC Limited CRISIL A1+ 3.05%

IndoStar Capital Finance Limited CRISIL A1+ 1.99%

Magma Fincorp Limited CRISIL A1+ 1.98%

Power Finance Corporation Limited CRISIL A1+ 1.87%

JSW Steel Limited ICRA A1+ 0.80%

Reliance Industries Limited CRISIL A1+ 0.40%

ZERO COUPON BOND 3.16%Mahindra & Mahindra Financial Services Limited

CARE AAA 1.47%

JSW Techno Projects Management Limited BWR A(SO) 0.85%

IIFL Home Finance Limited CRISIL AA 0.84%

PASS THROUGH CERTIFICATE 0.68%

MFL Securitisation Trust CRISIL AAA(SO) 0.68%

NET CURRENT ASSETS 5.66%

GRAND TOTAL 100.00%

ENTRY & EXIT LOAD

Maculary Duration*

166 days

FACTSHEETAPRIL 2019

Sovereign/ AAA & equivalent$ 69.72% AA 13.26% AA+ 7.90% AA- 4.96% A+ 3.31% A 0.85%

Corporate Bond 56.57% Certificate of Deposit 23.83% Commercial Paper 10.10% Zero Coupon Bond 3.16% Pass Through Certificate 0.68% Net Current Assets 5.66%


PORTFOLIO

DATE OF ALLOTMENT

9th October 2009MONTHLY AVERAGE

1,445.95 Cr.


1,348.04 Cr.

BENCHMARK

NIFTY Low Duration Debt

Index

AVERAGE MATURITY*

328 daysMODIFIED DURATION

*



7.91%


He has been managing this fund since07th June 2016.



FUND MANAGER


INVESTMENT OBJECTIVE: To provide optimal returns and liquidity to the investors by investing primarily in a mix of money market and short term debt instruments which results in a portfolio having marginally higher maturity as compared to a liquid fund at the same time maintaining a balance between safety and liquidity.

However, there can be no assurance that the investment objective of the Scheme will be achieved.

AXIS TREASURY ADVANTAGE FUND(An Open Ended Low Duration Debt Scheme Investing In Instruments Such That The Macaulay Duration Of The Portfolio Is Between 6 To 12 Months)

19



Options Record Date


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)

Indi-viduals/ HUF

OthersIndividu-

als/ HUF

OthersIndi-

viduals/ HUF

Others

Monthly Dividend

Apr 25, 2019 4.3905 4.0656 1,011.5466 1,005.4514 4.3916 4.0681 1,011.5471 1,005.4482 4.5722 4.2337 1,011.8002 1,005.4530 Mar 25, 2019 5.8087 5.3790 1,013.5155 1,005.4514 5.8071 5.3804 1,013.5146 1,005.4482 5.9732 5.5314 1,013.7458 1,005.4530 Feb 25, 2019 4.7128 4.3642 1,011.9941 1,005.4514 4.7087 4.3630 1,011.9893 1,005.4482 4.8980 4.5355 1,012.2526 1,005.4530


DIVIDENDS


PeriodDate 1 Year 3 Years 5 Years Since Inception

CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Treasury Advantage Fund - Growth 7.92% 10,792 7.33% 12,367 7.80% 14,560 8.05% 20,96609-Oct-09NIFTY Low Duration Debt Index (Benchmark) 7.85% 10,785 7.42% 12,398 8.02% 14,711 8.24% 21,330

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 7.65% 14,459 6.89% 18,913Axis Treasury Advantage Fund - Direct Plan - Growth 8.41% 10,841 7.85% 12,549 8.30% 14,905 8.61% 16,868

01-Jan-13NIFTY Low Duration Debt Index (Benchmark) 7.85% 10,785 7.42% 12,398 8.02% 14,711 8.20% 16,465NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 7.65% 14,459 7.55% 15,848Axis Treasury Advantage Fund - Retail - Growth 7.92% 10,792 6.95% 12,236 7.30% 14,227 7.63% 19,620

03-Mar-10NIFTY Low Duration Debt Index (Benchmark) 7.85% 10,785 7.42% 12,398 8.02% 14,711 8.36% 20,864NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 7.65% 14,459 7.03% 18,637Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 1,000 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 7th June 2016 and he manages 31 schemes & Aditya Pagaria is managing the scheme since 13th August 2016 and he manages 7 schemes. Please refer to annexure on 43 - 44 & 44 - 45 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).The performance given above is for Other than Direct Plan unless specified.

RATING % Of NAV

CORPORATE BOND 48.45%




Piramal Capital & Housing Finance Limited ICRA AA+ 4.44%

National Housing Bank IND AAA 3.71%

Indiabulls Housing Finance Limited BWR AAA 2.37%

Bajaj Finance Limited CRISIL AAA 2.27%

Shriram Transport Finance Company Limited IND AA+ 2.19%


LIC Housing Finance Limited CRISIL AAA 1.86%

Reliance Jio Infocomm Limited CRISIL AAA 1.86%

Citicorp Finance India Limited ICRA AAA 1.85%

ICICI Home Finance Company Limited ICRA AAA 1.83%


Export Import Bank of India CRISIL AAA 0.75%

Power Grid Corporation of India Limited CRISIL AAA 0.37%

Indian Railway Finance Corporation Limited CRISIL AAA 0.15%




ICICI Bank Limited CARE A1+/ICRA A1+ 8.76%

Bank of Baroda IND A1+ 8.61%

IndusInd Bank Limited CRISIL A1+ 5.22%

Punjab National Bank CARE A1+ 5.21%

Andhra Bank CARE A1+ 1.74%


Mahindra & Mahindra Financial Services Limited CARE AAA 2.23%


REC Limited CRISIL A1+ 1.74%


GRAND TOTAL 100.00%


ENTRY & EXIT LOAD

FACTSHEETAPRIL 2019

Corporate Bond 48.45% Certificate of Deposit 38.92% Zero Coupon Bond 2.23% Commercial Paper 1.74% Net Current Assets 8.66%

Sovereign/ AAA & equivalent 93.37% AA+ 6.63%


PORTFOLIO

DATE OF ALLOTMENT

22nd January 2010

MONTHLY AVERAGE

2,973.07 Cr.


2,946.54 Cr.

BENCHMARKNIFTY Short

Duration Debt Index

AVERAGE MATURITY*

2.4 yearsMODIFIED DURATION

*

1.8 yearsMaculary Duration*

2.0 yearsPORTFOLIO YIELD (YIELD TO MATURITY&)

8.23%



FUND MANAGER


INVESTMENT OBJECTIVE: To generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be achieved.

AXIS SHORT TERM FUND(An Open Ended Short Term Debt Scheme Investing In Instruments Such That The Macaulay Duration Of The Portfolio Is Between 1 Year To 3 Years)

20


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Individuals/ HUF

Others

Apr 25, 2019 0.0411 0.0380 10.2056 10.1485 0.0404 0.0374 10.0701 10.0140 0.0441 0.0408 10.0766 10.0153

Monthly Dividend

Mar 25, 2019 0.0715 0.0662 10.2587 10.1593 0.0706 0.0654 10.1226 10.0245 0.0740 0.0685 10.1285 10.0257Feb 25, 2019 0.0446 0.0413 10.2119 10.1500 0.0440 0.0407 10.0764 10.0153 0.0477 0.0441 10.0828 10.0166Jan 25, 2019 0.0519 0.0481 10.2246 10.1525 0.0512 0.0474 10.0890 10.0178 0.0549 0.0508 10.0953 10.0191


DIVIDENDS



CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Short Term Fund - Growth 7.73% 10,773 7.22% 12,329 7.94% 14,658 7.93% 20,28622-Jan-10NIFTY Short Duration Debt Index (Benchmark) 7.86% 10,786 7.37% 12,380 8.14% 14,792 8.03% 20,469

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 7.65% 14,459 6.96% 18,668Axis Short Term Fund - Direct Plan - Growth 8.44% 10,844 7.95% 12,584 8.75% 15,217 8.75% 17,002

01-Jan-13NIFTY Short Duration Debt Index (Benchmark) 7.86% 10,786 7.37% 12,380 8.14% 14,792 8.24% 16,503NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 7.65% 14,459 7.55% 15,848Axis Short Term Fund - Retail - Growth 7.73% 10,773 7.22% 12,329 7.95% 14,663 7.89% 20,057

02-Mar-10NIFTY Short Duration Debt Index (Benchmark) 7.86% 10,786 7.37% 12,380 8.14% 14,792 8.08% 20,379NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 7.65% 14,459 7.03% 18,639Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 5th November 2012 and he manages 31 schemes of Axis Mutual Fund. Please refer to annexure on Page 44 - 45 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.



ENTRY & EXIT LOAD

FACTSHEETAPRIL 2019

RATING % Of NAVCORPORATE BOND 65.96%Power Finance Corporation Limited CRISIL AAA 8.95%REC Limited CRISIL AAA 7.36%HDFC Limited CRISIL AAA 4.43%NABARD CRISIL AAA 4.36%NRSS XXIX Transmission Limited CRISIL AAA 3.91%Reliance Jio Infocomm Limited CRISIL AAA 3.86%Tata Sons Private Ltd CRISIL AAA 3.55%LIC Housing Finance Limited CRISIL AAA 2.85%Reliance Industries Limited CRISIL AAA 2.69%Jamnagar Utilities & Power Private Limited CRISIL AAA 2.44%State Bank of India CRISIL AA+ 2.11%Indiabulls Housing Finance Limited BWR AAA 2.06%National Housing Bank IND AAA 1.87%Small Industries Dev Bank of India ICRA AAA 1.87%L&T Housing Finance CARE AAA 1.68%Larsen & Toubro Limited CRISIL AAA 1.35%Mahindra & Mahindra Financial Services Limited IND AAA 1.35%Gruh Finance Limited CRISIL AAA 1.34%IDFC First Bank Limited ICRA AA+ 1.18%NHPC Limited IND AAA/ICRA AAA 0.95%Shriram Transport Finance Company Limited CRISIL AA+ 0.89%Tata Capital Financial Services Limited ICRA AAA 0.84%Zydus Wellness Limited CRISIL AA+ 0.84%Sikka Ports and Terminals Limited CRISIL AAA 0.66%Aditya Birla Finance Limited ICRA AAA 0.51%HDB Financial Services Limited CRISIL AAA 0.49%Dewan Housing Finance Corporation Limited CARE A 0.44%

Food Corporation Of India CRISIL AAA(SO) 0.29%Bhopal Dhule Transmission Company Limited CRISIL AAA 0.24%Bajaj Finance Limited CARE AAA 0.20%Power Grid Corporation of India Limited CRISIL AAA 0.17%HDFC Bank Limited CRISIL AAA 0.17%L&T Infrastructure Finance Company Limited CARE AAA 0.03%Export Import Bank of India CRISIL AAA 0.02%CERTIFICATE OF DEPOSIT 15.89%HDFC Bank Limited IND A1+ 3.99%Andhra Bank CARE A1+ 3.18%Bank of Baroda IND A1+ 3.17%Small Industries Dev Bank of India CARE A1+ 3.17%IndusInd Bank Limited CRISIL A1+ 1.59%Punjab National Bank CARE A1+ 0.79%GOVERNMENT BOND 7.03%7.17% GOI (MD 08/01/2028) Sovereign 1.52%7.32% GOI (MD 28/01/2024) Sovereign 1.19%8.12% GOI (MD 10/12/2020) Sovereign 0.69%7.26% GOI (MD 14/01/2029) Sovereign 0.67%6.79% GOI (MD 15/05/2027) Sovereign 0.43%8.13% GOI (MD 22/06/2045) Sovereign 0.35%7.68% GOI (MD 15/12/2023) Sovereign 0.35%7.88% GOI (MD 19/03/2030) Sovereign 0.35%7.59% GOI(MD 11/01/2026) Sovereign 0.33%9.20% GOI (MD 30/09/2030) Sovereign 0.19%7.95% GOI (MD 28/08/2032) Sovereign 0.17%6.65% GOI (MD 09/04/2020) Sovereign 0.17%7.40% GOI (MD 09/09/2035) Sovereign 0.16%7.73% GOI (MD 19/12/2034) Sovereign 0.13%8.83% GOI (MD 25/11/2023) Sovereign 0.11%8.15% GOI (MD 24/11/2026) Sovereign 0.07%7.35% GOI (MD 22/06/2024) Sovereign 0.07%8.35% GOI (MD 14/05/2022) Sovereign 0.05%6.79% GOI (MD 26/12/2029) Sovereign 0.02%7.37% GOI (MD 16/04/2023) Sovereign 0.004%7.59% GOI (MD 20/03/2029) Sovereign 0.004%PASS THROUGH CERTIFICATE 4.11%Rainbow Devices Trust ICRA AAA(SO) 2.15%RENT-A-DEVICE TRUST ICRA AAA(SO) 1.97%COMMERCIAL PAPER 1.97%Dewan Housing Finance Corporation Limited CRISIL A3+ 0.84%

REC Limited CRISIL A1+ 0.80%Indiabulls Housing Finance Limited CRISIL A1+ 0.34%STATE GOVERNMENT BOND 1.54%8.28% Gujarat SDL (MD 20/02/2029) Sovereign 0.86%8.35% Gujarat SDL (MD 06/03/2029) Sovereign 0.34%8.66% Tamilnadu SDL (MD 25/01/2022) Sovereign 0.11%8.15% Rajasthan UDAY BOND (MD 23/06/2021) Sovereign 0.10%

6.92% Maharastra SDL(MD 11/01/2022) Sovereign 0.07%8.21% Haryana UDAY BOND (MD 31/03/2022) Sovereign 0.03%8.27% Rajasthan UDAY BOND (MD 23/06/2023) Sovereign 0.02%8.61% Uttar Pradesh UDAY BOND (MD 21/03/2022) Sovereign 0.01%

ZERO COUPON BOND 0.93%Kotak Mahindra Prime Limited CRISIL AAA 0.45%Mahindra & Mahindra Financial Services Limited IND AAA 0.44%Axis Finance Limited IND AAA 0.04%TREASURY BILL 0.46%364 Days Tbill Sovereign 0.46%NET CURRENT ASSETS 2.10%

GRAND TOTAL 100.00%

Corporate Bond 65.96% Certificate of Deposit 15.89% Government Bond 7.03% Pass Through Certificate 4.11% Commercial Paper 1.97% State Government Bond 1.54% Zero Coupon Bond 0.93% Treasury Bill 0.46% Net Current Assets 2.10%

Sovereign/ AAA & equivalent 93.69% AA+ 5.02% Below A 0.84% A 0.45%


PORTFOLIO

DATE OF ALLOTMENT

27th April 2011MONTHLY AVERAGE

134.06 Cr.


135.40 Cr.

BENCHMARK

NIFTY Composite Debt Index

AVERAGE MATURITY*

6.8 yearsMODIFIED DURATION*



8.64%

Mr. R. SivakumarWork experience: 20 years.

He has been managing this fund since inception



FUND MANAGER


INVESTMENT OBJECTIVE: To generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.

AXIS DYNAMIC BOND FUND(An Open-Ended Dynamic Debt Scheme Investing Across Duration)

21


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Half Yearly Dividend

Mar 25, 2019 0.3601 0.3335 10.9271 10.4271 0.3601 0.3335 11.7785 11.2785Sep 25, 2018 0.1800 0.1667 10.5609 10.3109 0.1800 0.1667 11.3205 11.0705Mar 26, 2018 0.1805 0.1672 10.6926 10.4426 0.1805 0.1672 11.3943 11.1443Sep 25, 2017 0.3611 0.3345 11.1287 10.6287 0.3611 0.3345 11.7742 11.2742

Quarterly DividendMar 25, 2019 0.1440 0.1334 10.4954 10.2954 0.1800 0.1667 10.7988 10.5488Dec 26, 2018 0.1800 0.1667 10.5617 10.3117 0.1800 0.1667 10.8404 10.5904Sep 25, 2018 0.1440 0.1334 10.3437 10.1437 0.1800 0.1667 10.6403 10.3903

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Half Yearly Dividends disclosed above are for the last 2 Years. Quarterly Dividends disclosed above are for the last 3 quarters.

DIVIDENDS



CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Dynamic Bond Fund - Growth 7.88% 10,788 7.09% 12,282 8.44% 14,996 8.27% 18,89827-Apr-11NIFTY Composite Debt Index (Benchmark) 7.71% 10,771 6.92% 12,226 8.52% 15,054 8.15% 18,742

NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 8.19% 10,819 5.69% 11,807 7.96% 14,671 6.84% 16,995Axis Dynamic Bond Fund - Direct Plan - Growth 8.78% 10,878 8.02% 12,608 9.57% 15,797 9.11% 17,355

01-Jan-13NIFTY Composite Debt Index (Benchmark) 7.71% 10,771 6.92% 12,226 8.52% 15,054 7.87% 16,148NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 8.19% 10,819 5.69% 11,807 7.96% 14,671 6.52% 14,912Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Calculations are based on Growth Option NAV. Since inception returns are calculated at Rs.10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. R. Sivakumar is managing the scheme since inception and he manages 7 schemes & Devang Shah is managing the schmes since 5th November 2012 and he manages 31 schemes. Please refer to annexure on Page 43 & 44 - 45 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

Instrument Type/Issuer Name RATING % Of NAV



Punjab National Bank IND A+ 7.79%


National Highways Auth Of Ind CRISIL AAA 6.54%

Syndicate Bank IND A+ 5.79%


Renew Power Limited CARE A+ 3.69%

Tata Power Company Limited CRISIL AA- 3.03%

India Infrastructure Fin Co Ltd CRISIL AAA 1.95%

Ess Kay Fincorp Limited IND A+(SO) 0.83%

GOVERNMENT BOND 39.72%

7.26% GOI (MD 14/01/2029) Sovereign 21.92%

7.17% GOI (MD 08/01/2028) Sovereign 14.44%

7.68% GOI (MD 15/12/2023) Sovereign 1.50%

8.35% GOI (MD 14/05/2022) Sovereign 1.15%

6.79% GOI (MD 15/05/2027) Sovereign 0.48%

8.60% GOI (MD 02/06/2028) Sovereign 0.24%


IIERT TRUST CRISIL AAA(SO) 2.72%

Zenith Trust ICRA A(SO) 1.36%

Solstice Trust ICRA AA-(SO) 0.41%

STATE GOVERNMENT BOND 3.67%

8.05% Gujarat SDL (MD 27/03/2029) Sovereign 3.67%


GRAND TOTAL 100.00%


ENTRY & EXIT LOAD* For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.

FACTSHEETAPRIL 2019

Corporate Bond 47.81%

Government Bond 39.72%

Pass Through Certificate 4.48%

State Government Bond 3.67%

Net Current Assets 4.31%

Sovereign/ AAA & equivalent 77.10% A+ 18.10% AA- 3.44% A 1.36%


PORTFOLIO

DATE OF ALLOTMENT

13th July 2017MONTHLY AVERAGE

250.83 Cr.


261.33 Cr.

BENCHMARK

NIFTY Corporate Bond Index

AVERAGE MATURITY*




8.36%

COMPOSITION BY ASSETS (%)

INVESTMENT OBJECTIVE: The Scheme seeks to provide steady income and capital appreciation by investing in corporate debt. There is no assurance or guarantee that the objectives of the Scheme will be realized.

AXIS CORPORATE DEBT FUND(An Open Ended Debt Scheme Predominantly Investing In AA+ And Above Rated Corporate Bonds)

22


He has been managing this fund since 13th July 2017.

FUND MANAGER

COMPOSITION BY RATING (%)


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Monthly Dividend

Apr 25, 2019 0.0223 0.0206 10.0810 10.0500 0.0270 0.0250 10.0875 10.0500Mar 25, 2019 0.0999 0.0925 10.1887 10.0500 0.1040 0.0963 10.1945 10.0500Feb 25, 2019 0.0338 0.0313 10.0970 10.0500 0.0384 0.0356 10.1034 10.0500Jan 25, 2019 0.0508 0.0470 10.1205 10.0500 0.0552 0.0511 10.1267 10.0500

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund. .

DIVIDENDS



CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Corporate Debt Fund - Regular Plan - Growth 8.70% 10,870 NA NA NA NA 7.72% 11,43013-Jul-17NIFTY Corporate Bond Index (Benchmark) 7.39% 10,739 NA NA NA NA 6.00% 11,103

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 NA NA NA NA 7.04% 11,301Axis Corporate Debt Fund - Direct Plan 9.60% 10,960 NA NA NA NA 8.64% 11,606

13-Jul-17NIFTY Corporate Bond Index (Benchmark) 7.39% 10,739 NA NA NA NA 6.00% 11,103NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 NA NA NA NA 7.04% 11,301Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 3years & 5 years period has not been provided, since scheme is in existence for less than 3 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the schmes since 13th July 2017 and he manages 31 schemes. Please refer to annexure on Page 44 - 45 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

* For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio





Dewan Housing Finance Corporation Limited

CARE A 5.62%

Aditya Birla Finance Limited ICRA AAA 3.85%

NRSS XXIX Transmission Limited CRISIL AAA 3.84%

Small Industries Dev Bank of India ICRA AAA 3.83%

NTPC Limited CRISIL AAA 3.82%


NHPC Limited IND AAA 3.81%

Jamnagar Utilities & Power Private Limited

CRISIL AAA 3.81%


Bank of Baroda IND AAA 3.79%



Power Grid Corporation of India Limited

CRISIL AAA 1.92%


HDFC Bank Limited CRISIL AAA 1.90%



Canara Bank CRISIL A1+ 5.13%

HDFC Bank Limited IND A1+ 0.38%


7.26% GOI (MD 14/01/2029) Sovereign 2.65%

7.17% GOI (MD 08/01/2028) Sovereign 1.87%




Export Import Bank of India CRISIL A1+ 3.79%


RENT-A-DEVICE TRUST ICRA AAA(SO) 1.95%






GRAND TOTAL 100.00%

Entry Load :NAExit Load : Nil. (w.e.f. December 3, 2018)

ENTRY & EXIT LOAD

FACTSHEETAPRIL 2019

Corporate Bond 65.93% Certificate of Deposit 10.94% Government Bond 4.52% State Government Bond 3.86% Commercial Paper 3.79% Pass Through Certificate 3.50% Zero Coupon Bond 2.02% Net Current Assets 5.43%

Sovereign/ AAA & equivalent 94.38% A 5.62%



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Half Yearly Dividend Mar 25, 2019 0.3601 0.3335 10.9357 10.4357 0.3601 0.3335 11.3227 10.8227Sep 25, 2018 0.3601 0.3335 10.8759 10.3759 0.3601 0.3335 11.2089 10.7089Mar 26, 2018 0.3611 0.3345 11.1951 10.6951 0.3611 0.3345 11.4850 10.9850Sep 25, 2017 0.3611 0.3345 11.3877 10.8877 0.3611 0.3345 11.6281 11.1281

Quarterly Dividend Mar 25, 2019 0.1440 0.1334 10.4023 10.2023 0.1800 0.1667 10.9900 10.7400Dec 26, 2018 0.1440 0.1334 10.3747 10.1747 0.1800 0.1667 10.9823 10.7323Sep 25, 2018 0.1404 0.1300 10.2587 10.0638 0.1800 0.1667 10.8863 10.6363

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10.Half yearly dividend disclosed above are since the inception of the fund. Quarterly dividends disclosed above are for the last 3 Quarters.

DATE OF ALLOTMENT

28th March 2012MONTHLY AVERAGE

1,254.73 Cr.


1,264.15 Cr.

BENCHMARKNIFTY Medium Duration Debt

Index

AVERAGE MATURITY*


*



9.49%

Mr. Devang ShahWork experience: 14 years.He has been managing this fund since 5th November

2012.

Mr. Dhaval PatelWork experience: 14 years.He has been co-managing

this fund since 1st June 2018

FUND MANAGER


PORTFOLIO

INVESTMENT OBJECTIVE: To generate optimal returns in the medium term while maintaining liquidity of the portfolio by investing in debt and money market instruments.

DIVIDENDS

23

(An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 years to 4 years)

AXIS STRATEGIC BOND FUND




CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Strategic Bond Fund - Growth 7.73% 10,773 8.24% 12,686 9.22% 15,544 8.82% 18,21128-Mar-12NIFTY Medium Duration Debt Index (Benchmark) 7.58% 10,758 7.13% 12,298 8.39% 14,963 8.52% 17,858

NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 8.19% 10,819 5.69% 11,807 7.96% 14,671 7.14% 16,314Axis Strategic Bond Fund - Direct Plan - Growth 8.44% 10,844 8.96% 12,939 10.13% 16,201 9.44% 17,669

07-Jan-13NIFTY Medium Duration Debt Index (Benchmark) 7.58% 10,758 7.13% 12,298 8.39% 14,963 8.07% 16,323NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 8.19% 10,819 5.69% 11,807 7.96% 14,671 6.41% 14,805

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 5th November 2012 and he manages 31 schemes amd Dhaval Patel schemes is managing the scheme since 1st June 2018 and he manages 1 scheme of Axis Mutual Fund. Please refer to annexure on Page 44 - 45 & 45 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

Instrument Type/Issuer Name RATING % Of NAVCORPORATE BOND 73.72%



Dewan Housing Finance Corporation Limited CARE A 3.29%

PVR Limited CRISIL AA- 3.10%



Bharti Airtel Limited CRISIL AA 2.89%


Jubilant Life Sciences Limited CRISIL AA 2.76%

Coastal Gujarat Power Limited CARE AA(SO) 2.75%


Union Bank of India BWR AA 2.29%

Oriental Nagpur Betul Highway Limited CRISIL AAA(SO) 2.27%


Bank of Baroda CARE AA 2.02%

JK Lakshmi Cement Limited CARE AA- 1.96%




Vijaya Bank ICRA AA- 1.76%

JM Financial Products Limited ICRA AA/CRISIL AA 1.72%


ICICI Bank Limited ICRA AA+ 1.56%

Piramal Capital & Housing Finance Limited ICRA AA+ 1.34%

Talwandi Sabo Power Limited CRISIL AA(SO) 1.28%

Aasan Corporate Solutions Private Limited ICRA AA-(SO) 1.19%


NHPC Limited IND AAA 1.18%

Dalmia Cement (Bharat) Limited ICRA AA 1.17%


Vedanta Limited CRISIL AA 0.94%

Narmada Wind Energy Private Limited CARE A+(SO) 0.75%

Tata Power Company Limited CRISIL AA- 0.73%


Sikka Ports and Terminals Limited CRISIL AAA 0.67%

Hansdeep Industries & Trading Company Limited CARE AA-(SO) 0.56%

Edelweiss Commodities Services Limited ICRA AA 0.50%

Subros Limited ICRA AA- 0.47%

IKF Finance Limited CARE A 0.46%


ECL Finance Limited ICRA AA 0.39%


Ess Kay Fincorp Limited IND A+(SO) 0.30%

Bhopal Dhule Transmission Company Limited CRISIL AAA 0.23%

Hindalco Industries Limited CRISIL AA 0.16%

Asirvad Microfinance Ltd CRISIL A+ 0.12%


7.26% GOI (MD 14/01/2029) Sovereign 5.36%

7.17% GOI (MD 08/01/2028) Sovereign 5.03%

7.88% GOI (MD 19/03/2030) Sovereign 0.12%

8.83% GOI (MD 25/11/2023) Sovereign 0.04%

8.60% GOI (MD 02/06/2028) Sovereign 0.04%

8.15% GOI (MD 24/11/2026) Sovereign 0.01%

7.59% GOI (MD 20/03/2029) Sovereign 0.003%


JSW Techno Projects Management Limited BWR A(SO) 2.10%

Raj Infraproperties Private Limited BWR AA-(SO) 2.04%

IIFL Home Finance Limited CRISIL AA 0.83%


RENT-A-DEVICE TRUST ICRA AAA(SO) 1.74%

Zenith Trust ICRA A(SO) 1.04%



Solstice Trust ICRA AA-(SO) 0.32%



8.06% Karnataka SDL (MD 27/03/2029) Sovereign 0.39%

8.19% Rajasthan UDAY BOND (MD 23/06/2026) Sovereign 0.20%



Larsen & Toubro Limited CRISIL A1+ 1.57%


GRAND TOTAL 100.00%

ENTRY & EXIT LOAD

Entry Load :NAExit Load : If redeemed / switched-out within 12 months from the date of allotmentFor 10% of investment : NilFor remaining investment : 1%If redeemed/switched out after 12 months from the date of allotment : Nil

FACTSHEETAPRIL 2019

Corporate Bond 73.72% Government Bond 10.59% Zero Coupon Bond 4.96% Pass Through Certificate 4.57% State Government Bond 1.85% Commercial Paper 1.57% Net Current Assets 2.75%

Sovereign/ AAA & equivalent 44.61% AA 21.62% AA- 15.34% A+ 8.63% A 6.90% AA+ 2.90%



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Apr 25, 2019 0.0298 0.0276 10.1264 10.0850 0.0375 0.0347 10.0816 10.0295Monthly Dividend

Mar 25, 2019 0.0641 0.0593 10.1860 10.0969 0.0706 0.0653 10.1390 10.0410Feb 25, 2019 0.0396 0.0367 10.1435 10.0885 0.0466 0.0432 10.0975 10.0327

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund. .

PORTFOLIO

DATE OF ALLOTMENT


1,648.94 Cr.


1,658.66 Cr.

BENCHMARK

NIFTY Credit Risk Bond Index

AVERAGE MATURITY*


*



9.89%



FUND MANAGER


INVESTMENT OBJECTIVE: To generate stable returns by investing in debt & money market instruments across the yield curve & credit spectrum. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

AXIS CREDIT RISK FUND(An Open Ended Debt Scheme Predominantly Investing In AA And Below Rated Corporate Bonds (Excluding AA+ Rated Corporate Bonds)

24

DIVIDENDS



CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Credit Risk Fund - Regular Plan - Growth 6.99% 10,699 7.11% 12,289 NA NA 8.17% 14,57115-Jul-14NIFTY Credit Risk Bond Index (Benchmark) 7.54% 10,754 8.02% 12,606 NA NA 9.00% 15,116

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 NA NA 7.57% 14,190Axis Credit Risk Fund - Direct Plan - Growth 8.24% 10,824 8.50% 12,775 NA NA 9.42% 15,397

15-Jul-14NIFTY Credit Risk Bond Index (Benchmark) 7.54% 10,754 8.02% 12,606 NA NA 9.00% 15,116NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 NA NA 7.57% 14,190Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 5 years period has not been provided, since scheme is in existence for less than 3 years.Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since inception and he manages 31 schemes. Please refer to annexure on Page 44 - 45 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.


Instrument Type/Issuer Name RATING% Of NAV

CORPORATE BOND 71.57%Dewan Housing Finance Corporation Limited CARE A 4.73%Tata Power Company Limited IND AA/CRISIL AA- 4.53%PVR Limited CRISIL AA- 3.82%Talwandi Sabo Power Limited CRISIL AA(SO) 3.31%Dalmia Cement (Bharat) Limited ICRA AA 3.29%Zydus Wellness Limited CRISIL AA+ 3.00%Coastal Gujarat Power Limited CARE AA(SO) 2.70%Birla Corporation Limited ICRA AA 2.64%Hinduja Leyland Finance Limited CARE AA- 2.50%Renew Power Limited CARE A+ 2.47%IndoStar Capital Finance Limited CARE AA- 2.32%Narmada Wind Energy Private Limited CARE A+(SO) 2.27%JK Lakshmi Cement Limited CARE AA- 2.09%ECL Finance Limited ICRA AA 2.07%Indiabulls Housing Finance Limited BWR AAA 1.98%NABARD CRISIL AAA 1.93%Bank of Baroda CARE AA 1.77%Oriental Nagpur Betul Highway Limited CRISIL AAA(SO) 1.75%Bahadur Chand Investments Pvt Limited ICRA AA 1.51%Aasan Corporate Solutions Private Limited ICRA AA-(SO) 1.51%Jubilant Life Sciences Limited CRISIL AA 1.51%IKF Finance Limited CARE A 1.41%Vodafone Mobile Services Limited CRISIL A+ 1.38%Magma Fincorp Limited ICRA AA- 1.26%Power Grid Corporation of India Limited CRISIL AAA 1.26%Indian Railway Finance Corporation Limited CRISIL AAA 1.20%Bhopal Dhule Transmission Company Limited CRISIL AAA 1.17%Asirvad Microfinance Ltd CRISIL A+ 1.04%Union Bank of India BWR AA 1.01%Piramal Enterprises Limited ICRA AA 0.90%Nuvoco Vistas Corporation Limited CRISIL AA 0.90%Syndicate Bank IND A+ 0.89%Punjab National Bank IND A+ 0.87%Northern Arc Capital Limited ICRA A+ 0.84%Bharti Airtel Limited CRISIL AA 0.59%Ess Kay Fincorp Limited IND A+(SO) 0.50%Hansdeep Industries & Trading Company Limited CARE AA-(SO) 0.49%Muthoot Finance Limited CRISIL AA 0.44%Nirma Limited CRISIL AA 0.42%Reliance Jio Infocomm Limited CRISIL AAA 0.41%Power Finance Corporation Limited CRISIL AAA 0.30%Subros Limited ICRA AA- 0.24%Vijaya Bank ICRA AA- 0.18%JM Financial Products Limited CRISIL AA 0.06%REC Limited CRISIL AAA 0.06%Vedanta Limited CRISIL AA 0.06%Food Corporation Of India CRISIL AAA(SO) 0.01%PASS THROUGH CERTIFICATE 11.08%MFL Securitisation Trust CRISIL AAA(SO) 3.34%Sansar Trust ICRA AAA(SO) 3.05%Zenith Trust ICRA A(SO) 1.85%RENT-A-DEVICE TRUST ICRA AAA(SO) 1.40%IIERT TRUST CRISIL AAA(SO) 1.02%Solstice Trust ICRA AA-(SO) 0.40%ZERO COUPON BOND 6.83%Indian Hospitals Corporation Ltd BWR AA-(SO) 2.85%JSW Techno Projects Management Limited BWR A(SO) 2.55%IIFL Home Finance Limited CRISIL AA 1.42%GOVERNMENT BOND 4.44%7.27% GOI (MD 08/04/2026) Sovereign 1.49%7.26% GOI (MD 14/01/2029) Sovereign 1.19%7.17% GOI (MD 08/01/2028) Sovereign 0.88%7.95% GOI (MD 28/08/2032) Sovereign 0.31%7.40% GOI (MD 09/09/2035) Sovereign 0.29%6.79% GOI (MD 15/05/2027) Sovereign 0.12%8.83% GOI (MD 25/11/2023) Sovereign 0.10%7.59% GOI (MD 20/03/2029) Sovereign 0.03%7.35% GOI (MD 22/06/2024) Sovereign 0.03%7.59% GOI (MD 11/01/2026) Sovereign 0.004%STATE GOVERNMENT BOND 1.89%8.08% Gujarat SDL (MD 26/12/2028) Sovereign 1.20%8.06% Karnataka SDL (MD 27/03/2029) Sovereign 0.30%8.27% Rajasthan UDAYBOND (MD 23/06/2022) Sovereign 0.21%8.15% Rajasthan UDAY BOND (MD 23/06/2021) Sovereign 0.12%8.19% Rajasthan UDAY BOND (MD 23/06/2026) Sovereign 0.06%NET CURRENT ASSETS 4.19%GRAND TOTAL 100.00%

ENTRY & EXIT LOAD

Entry Load :NAExit Load : If redeemed / switched-out within 12 months from the date of allotment:- For 10% of investment: Nil For remaining investment: 1% If redeemed/switched out after 12 months from the date of allotment: Nil

FACTSHEETAPRIL 2019

Corporate Bond 71.57% Pass Through Certificate 11.08% Zero Coupon Bond 6.83% Government Bond 4.44% State Government Bond 1.89% Net Current Assets 4.19%

Sovereign/ AAA & equivalent 29.43% AA 28.38% AA- 18.40% A 10.53% A+ 10.26% AA+ 3.00%



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Mar 25, 2019 0.3601 0.3335 10.9229 10.4229 0.3601 0.3335 10.9526 10.4526

Half Yearly Dividend

Sep 25, 2018 0.3601 0.3335 10.8063 10.3063 - - - -Mar 26, 2018 0.3611 0.3345 11.3226 10.8226 - - - -Sep 25, 2017 0.3611 0.3345 11.8824 11.3824 - - - -Apr 25, 2019 0.0453 0.0489 10.0850 10.0170 0.0518 0.0480 10.0900 10.0179Mar 25, 2019 0.0540 0.0500 10.1447 10.0697 0.0525 0.0567 10.1495 10.0706

Regular Dividend Feb 25, 2019 0.0295 0.0273 10.0512 10.0102 0.0326 0.0302 10.0566 10.0113Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund. Half yearly dividend disclosed above are since the inception of the fund. Regular dividends disclosed above are for the last 3 months.

PORTFOLIO

RATING % OF ASSETS


7.26% GOI (MD 14/01/2029) Sovereign 54.86%

7.17% GOI (MD 08/01/2028) Sovereign 13.55%


8.18% Haryana UDAY BOND (MD 15/06/2024)

Sovereign 13.95%

TREASURY BILL 13.78%

182 DAYS TBILL Sovereign 13.78%


GRAND TOTAL 100.00%

DATE OF ALLOTMENT

23rd January 2012

MONTHLY AVERAGE

36.10 Cr.


36.07 Cr.

BENCHMARK

NIFTY All Duration G-Sec

Index

AVERAGE MATURITY*




7.30%


He has been managing this fund since 5th November 2012.

FUND MANAGER


INVESTMENT OBJECTIVE: The Scheme will aim to generate credit risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government

AXIS GILT FUND(An Open Ended Debt Scheme Investing In Government Securities Across Maturity)

25


DIVIDENDS

* For instruments with put/call option, the put/call date has been taken as the maturity date.& The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Gilt Fund - Growth 8.24% 10,824 6.11% 11,951 8.03% 14,720 6.70% 16,02023-Jan-12NIFTY All Duration G-Sec Index (Benchmark) 10.39% 11,039 6.97% 12,244 8.57% 15,086 7.48% 16,898

Axis Gilt Fund - Direct Plan - Growth 8.77% 10,877 6.66% 12,136 8.58% 15,098 7.16% 15,48701-Jan-13NIFTY All Duration G-Sec Index (Benchmark) 10.39% 11,039 6.97% 12,244 8.57% 15,086 7.24% 15,565

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 5th November 2012 and he manages 31 schemes. Please refer to annexure on Page 44 - 45 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

AAA, SOV & Equivalent 100.00%

ENTRY & EXIT LOAD


FACTSHEETAPRIL 2019

Government Bond 68.41% State Government Bond 13.95% Treasury Bill 13.78% Net Current Assets 3.86%



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Monthly DividendMar 25, 2019 6.8945 6.3843 1,023.2493 1,013.6778 7.0438 6.5225 1,023.4592 1,013.6806 Feb 25, 2019 6.2288 5.7679 1,017.6343 1,008.9869 6.3939 5.9207 1,017.8654 1008.9890Jan 25, 2019 5.0937 4.7168 1,016.0584 1,008.9869 5.2454 4.8574 1,016.2713 1008.9890


PORTFOLIO

DATE OF ALLOTMENT

8th June 2012MONTHLY AVERAGE

5,027.50 Cr.


5,275.78 Cr.

BENCHMARK

NIFTY Banking & PSU Debt Index

AVERAGE MATURITY*




8.03%



FUND MANAGER


INVESTMENT OBJECTIVE: To generate stable returns by investing predominantly in debt & money market instruments issued by Banks, Public Sector Units (PSUs) & Public Financial Institutions (PFIs).The scheme shall endeavor to generate optimum returns with low credit risk.

AXIS BANKING & PSU DEBT FUND(An Open Ended Debt Scheme Predominantly Investing In Debt Instruments Of Banks, Public Sector Undertakings & Public Financial Institutions)

26

DIVIDENDS




CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Banking & PSU Debt Fund - Growth 8.46% 10,846 7.71% 12,500 8.15% 14,796 8.39% 17,43008-Jun-12NIFTY Banking & PSU Debt Index (Benchmark) 7.15% 10,715 6.89% 12,215 8.07% 14,745 8.22% 17,242

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 7.65% 14,459 7.54% 16,512Axis Banking & PSU Debt Fund - Direct Plan - Growth 8.76% 10,876 7.95% 12,583 8.37% 14,949 8.51% 16,767

01-Jan-13NIFTY Banking & PSU Debt Index (Benchmark) 7.15% 10,715 6.89% 12,215 8.07% 14,745 7.99% 16,268NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 7.65% 14,459 7.55% 15,848Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ̀ 1,000 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Aditya Pagaria is managing the scheme since 13th August 2016. Aditya manages 7 schemes at Axis Mutual Fund. Please refer to annexure on Page 43 - 44 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.




Small Industries Dev Bank of IndiaICRA AAA/CARE

AAA9.71%




Food Corporation Of India CRISIL AAA(SO) 7.29%

REC LimitedCRISIL AAA/CARE

AAA6.62%



State Bank of India CRISIL AAA 4.66%



Bank of Baroda IND AAA 1.80%

NHPC Limited IND AAA/ICRA AAA 1.52%

Tata Sons Private Ltd CRISIL AAA 1.30%


Larsen & Toubro Limited CRISIL AAA 1.13%

NTPC Limited CRISIL AAA 0.68%

Bharat Petroleum Corporation Limited CRISIL AAA 0.47%

Jamnagar Utilities & Power Private Limited CRISIL AAA 0.36%


Bank of Baroda IND A1+ 2.04%

IDFC First Bank Limited ICRA A1+ 0.93%




8.38% Karnataka SDL (MD 31/10/2022) Sovereign 0.97%8.21% Haryana UDAY BOND (MD 31/03/2022)

Sovereign 0.75%

8.39% Rajasthan UDAY BOND(MD 15/03/2022)

Sovereign 0.52%


Small Industries Dev Bank of India CRISIL A1+ 1.14%


GRAND TOTAL 100.00%

AAA, SOV & Equivalent 100.00%

ENTRY & EXIT LOAD


FACTSHEETAPRIL 2019

Corporate Bond 88.50% Certificate of Deposit 2.97% Zero Coupon Bond 2.40% State Government Bond 2.24% Commercial Paper 1.14% Net Current Assets 2.76%

Quick Take - Equity

•

•

•

Equity market valuations are broadly reasonable adjusted for the cyclical low in earnings and potential for revival going forward.

We remain bullish on equities from a medium to long term perspective

Investors are suggested to have their asset allocation plan based on one’s risk appetite and future goals in life.

Quick Take - Fixed Income

10 yr G-Sec : Last 1 year

7.41%

7.77% •

•

•

selective corporate long bonds

Manageable Inflation and attempts to stimulate growth in the economy are likely to push bond yields down

We advise investors to stay invested in short to medium term strategies and actively look at credit funds. Accrual investors may look at medium term roll down strategies to lock in attractive rates at current levels.

Opportunities have emerged across the corporate bond curve, Added maturities across portfolios through

9.4%

Key highlights

HYBRIDOUTLOOK

MAY 2019

A spiking crude and early corporate results saw the markets drift listlessly amidst rising volatility. The S&P BSE Sensex and NIFTY 50 ended the month up 0.9% and 1.1% respectively. Mid and small caps continued their underperformance falling 3.8% and 3.1% respectively. The market returned to largely narrow market wherein select large caps and a few high quality midcaps saw gains while the rest of the market saw losses.

Domestic GDP has been seen slowing in H2 FY19 basis high frequency numbers especially on consumer durables and essential services. Given this decelerating trend, corporate earnings for companies in this sector are likely to remain subdued. The earnings season got off to a rocky start. Bright spots were seen in a few IT and private banks in our coverage list. Mid cap and Small cap companies continue to report weak earnings on the back of an in general demand slowdown. This is reflected in the stock price moves in this space. The gap between the NIFTY 50 & the NIFTY Midcap 100 index on a 1-year basis is in excess of ~20%.

As India votes, the markets are in limbo. Given the pro incumbency sentiment, we believe the elections are unlikely to deliver significant negative surprises. However, the balance of power in the lower house of parliament will be keenly watched post elections. Given the large 2014 mandate, the Modi government had taken on several key legislative projects

ushering much needed changes to the way business is done in India. The conclusion of these elections will eliminate much needed policy uncertainty

• RBI maintains Neutral stance, 10 Year at 7.41%: In its first monetary policy for the new year RBI decided to further reduce the policy repo rate by 25 bps along expected lines. The RBI cited lower than expected inflation and GDP growth estimates as reasons for the latest policy action. The RBI’s

Key Market Events

INVESTORS

Equity Investors

Debt Investors

••

•

•

•

Do not Panic - Corrections are healthy.Timing the markets is dangerous - Invest Systematically, Invest Regularly, Invest Responsibly.Be fearful when others are greedy.Be greedy when others are fearful.

Select a fund that meets your risk profile. Investing in credits is all about process.Select a fund house with a robust investment process and credit management system.

DISTRIBUTORS

•

•

•





27

Source: Bloomberg, Axis MF Research.

Key highlights (Contd.)

dovish stance is in tandem with other central banks across the developed world as waning global growth and geo political uncertainty weigh on the global economy.

• Crude Oil – A Cause for Concern: rent crude ended the month at US$72.2/barrel as the US decided to end waivers to large oil buyers like China & India as part of the larger Iran sanctions. The India crude basket followed suit and ended the month at US$72/barrel.

• CPI Inflation – Positive Trend Reversal: etail Inflation in India continued to normalize in the month of March. CPI inflation stood at 2.86 % in March compared to 2.57 % in February 2019. The rise in the headline index in February was partly attributable to a rise in the year-on-year rate for food inflation and a spike in crude prices.

• Currency – Resilient yet fairly valued: Currency has been a big positive over the last few quarters relative to the rest of the EM basket and several global currency pairs. The RBI Swap program, has further bolstered currency markets, sapping excess dollar liquidity from the system. In spite of this currency strength, on a REER basis the INR continues to remain fairly valued.

• Global Round Up: A dovish Fed and a US recession risk dragged the US 10 year to 15 month lows during the month. Loose monetary policy was also implemented by the ECB and Japan on concerns over weaker global growth. On the contrary, high frequency manufacturing and services indicators across the world however have seen a positive turn, most prominent amongst the pack is the Chinese PMI indicator that moved back into positive territory.

Equity Markets

We remain bullish on the India story. Given our focus on quality and are bias towards fundamentally sound business models, the big trend we are looking to play is the corporate deleveraging and operational efficiency story that is unravelling. Our investment philosophy has always looked to capture earnings driven growth over sustainably large time periods. This has worked well for us and our portfolios are testament to this philosophy.

In the medium term we continue to remain ‘cautiously optimistic’ and have been selective in our equity allocations. The recent trend reversal shows signs of a bottoming out in the markets and hence, we advise investors to deploy funds in a phased manner. Systematic investments into equity products could also help investors ride out short term volatility.

Debt Markets

Reasons for the Sharp rises in yields

The 10-year benchmark has been a misleading indicator this month. While the headline indicator points to a minor rise in

Market View

yields, the situation has been significantly different across the corporate curves. 3 Year AAA corporate bonds have seen a spike of approximately 35-40 bps while 1 Year A1+ CDs and corporate bonds have seen yields rise from 7.40% to 7.70%. We attribute this sell off to the following factors

• Tight banking liquidity & Weak Government Spending – The government has been sitting on cash in the run up to the elections. Furthermore, this lack of spending has put a knock down pressure on PSUs who have organized larger issuances in the first half of the year (A deviation from past trends) to fund projects, further adding to pressures on yields.

• Limited Durable Liquidity Injection by RBI – The RBI has had announced Fx Swaps over 2 tranches totaling roughly Rs 70,000 Cr. However, OMOs and the Fx Swap have fallen short of market requirements adding to pressures on the yield curve.

• Market Sentiment – The markets had been over optimistic on the extent of rate cuts. The latest RBI policy action tempered future expectations. This has led to a material correction in sentiment thus affecting bond yields

• Crude Spike - India has historically enjoyed better terms of trade with Iran given the extended credit terms, low cost of transport & insurance and settlement in Indian rupees. A loss of a key supplier is likely to hurt India materially given that Iran is India’s 3rd largest oil supplier.

Given the persistently tight liquidity conditions in the market, we do not rule out further OMO’s and other liquidity enhancement options. Post elections, we also anticipate a return in government spending alleviating pain especially in PSU bonds. This spike in yields offer significant opportunities to investors looking locking in short term rates. On the credits space concerns over a few high profile defaults have further raised rates in lower rated securities (AA and below).

We have selectively added duration in our portfolios through 3-year AAA corporate bonds & select corporate long bonds. We have also added select 1-3 year AA credits across our credit portfolios in line with our credit view. AA Credit spreads currently are hovering between 275-300 bps over the Repo rates making them an attractive investment opportunity.

As always, our prudent investment norms and strong risk mitigation framework form the bedrock of all our credit evaluation. The corporate bond spread in the short to medium tenor space also offers material opportunities for buy and hold investors and hence believe that investors should consider deploying funds in short term funds & roll down strategies.

Our View

28

Please refer to page no 40-41, 45, 46,48 for NAV, TER, Riskometer & Statutory Details.29

COMPOSITION BY RATING (%)DATE OF ALLOTMENT

14th August 2015MONTHLY AVERAGE

756.82 Cr.


756.54 Cr.

BENCHMARK

NIFTY50 Equity Savings Index

Mr. Anupam TiwariWork experience: 13 years.

He has been managing this fund since 06th Oct ‘16



FUND MANAGER

INVESTMENT OBJECTIVE: The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.

AXIS EQUITY SAVER FUND(An Open Ended Scheme Investing In Equity, Arbitrage And Debt)

AVERAGE MATURITY@*


@*


8.94%PORTFOLIO TURNOVER# (1 YEAR)

4.42 times

Issuer Industry/Rating Equity Exposure

Derivate Exposure

Net Exposure % of Net Assets

EQUITY 65.38% -23.25% 42.13%HDFC Bank Limited Banks 4.87% 4.87%Tata Consultancy Services Limited Software 3.73% 3.73%Reliance Industries Limited Petroleum Products 3.82% -0.42% 3.40%

ICICI Bank Limited Banks 2.96% 2.96%

HDFC Limited Finance 5.69% -2.76% 2.94%Kotak Mahindra Bank Limited Banks 2.59% -0.17% 2.42%Gruh Finance Limited Finance 2.26% 2.26%Bajaj Finance Limited Finance 2.16% -0.05% 2.11%Asian Paints Limited Consumer Non Durables 2.17% -0.25% 1.92%SRF Limited Textile Products 1.63% 1.63%ACC Limited Cement 1.57% 1.57%Sundaram Finance Limited Finance 1.39% 1.39%Hindustan Unilever Limited Consumer Non Durables 1.67% -0.35% 1.32%Infosys Limited Software 1.29% 1.29%Cholamandalam Investment and Finance Company Limited

Finance 1.19% 1.19%

TCNS Clothing Co. Limited Textile Products 1.10% 1.10%Maruti Suzuki India Limited Auto 6.00% -5.00% 0.99%Nestle India Limited Consumer Non Durables 0.98% 0.98%Cummins India Limited Industrial Products 0.86% 0.86%Voltas Limited Consumer Durables 0.80% 0.80%Aarti Industries Limited Chemicals 0.66% 0.66%Mahindra & Mahindra Financial Services Limited Finance 5.90% -5.25% 0.65%Larsen & Toubro Limited Construction Project 0.98% -0.37% 0.61%Divi's Laboratories Limited Pharmaceuticals 0.58% -0.07% 0.51%DEBT SECURITIES 31.02%CORPORATE BOND 20.91%REC Limited CRISIL AAA 3.92%ICICI Bank Limited ICRA AA+ 2.79%Nirma Limited CRISIL AA 2.62%Punjab National Bank IND A+ 2.41%Bank of Baroda CARE AA 1.80%Piramal Capital & Housing Finance Limited ICRA AA+ 1.71%Dewan Housing Finance Corporation Limited CARE A 1.30%Union Bank of India BWR AA 1.15%Cholamandalam Investment and Finance Company Limited

ICRA AA+ 0.89%

Power Grid Corporation of India Limited CRISIL AAA 0.67%Hinduja Leyland Finance Limited CARE AA- 0.66%NABARD CRISIL AAA 0.62%Syndicate Bank IND A+ 0.39%FIXED DEPOSIT 6.48%HDFC Bank Limited 6.48%GOVERNMENT BOND 3.44%7.95% GOI (MD 28/08/2032) Sovereign 1.35%7.32% GOI (MD 28/01/2024) Sovereign 1.32%8.28% GOI (M/D 21/09/2027) Sovereign 0.69%7.72% GOI (MD 26/10/2055) Sovereign 0.05%7.35% GOI (MD 22/06/2024) Sovereign 0.03%PASS THROUGH CERTIFICATE 0.19%IIERT TRUST CRISIL AAA(SO) 0.19%CASH & OTHER NET CURRENT ASSETS 3.60%NET ASSETS 100.00%

PORTFOLIO



FACTSHEETAPRIL 2019

Unhedged Equity 42.13% Debt, Cash & Other receivables 34.62% Hedged Equity 23.25%

AAA, SOV & Equivalent 18.91% AA 5.56% AA+ 5.39% A+ 2.80% A 1.30% AA- 0.66%



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Apr 25, 2019 0.0553 0.0553 10.7900 10.7300 0.0553 0.0553 11.2600 11.2000Mar 25, 2019 0.0553 0.0553 10.7000 10.6400 0.0553 0.0553 11.1500 11.0900

Monthly Dividend Feb 25, 2019 0.0553 0.0553 10.5200 10.4600 0.0553 0.0553 10.9500 10.8900

Quarterly DividendMar 25, 2018 0.1660 0.1660 10.8600 10.6700 0.1660 0.1660 11.3200 11.1400Dec 26, 2018 0.1660 0.1660 10.7575 10.5700 0.1660 0.1660 11.1875 11.0000Sep 25, 2018 0.1660 0.1660 10.8975 10.7100 0.1660 0.1660 11.2975 11.1100Jun 25, 2018 0.1660 0.1660 11.0100 10.8200 0.1660 0.1660 11.3800 11.1900


DIVIDENDS


@ Based on debt portfolio only. * For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio. #Based on equity, equity derivatives and Fixed Income Securities transactions only. TREPS/Reverse Repo/Net current assets/ Repo/FD/Margin FD/MFU/SLB are not considered.


CAGR (%)

Current Value ofInvestment of` 10,000/-

CAGR (%)

Current Value ofInvestment of`. 10,000/-

CAGR (%)


CAGR (%)

Current Value of Investment of ` 10,000

Date of inception

Axis Equity Saver Fund - Regular Plan - Growth 6.26% 10,626 8.95% 12,936 NA NA 7.12% 12,91014-Aug-15NIFTY50 Equity Savings Index (Benchmark) 8.40% 10,840 9.85% 13,258 NA NA 8.10% 13,353

Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 NA NA 10.37% 14,426Axis Equity Saver Fund - Direct Plan - Growth 7.32% 10,732 10.16% 13,373 NA NA 8.38% 13,480

14-Aug-15NIFTY50 Equity Savings Index (Benchmark) 8.40% 10,840 9.85% 13,258 NA NA 8.10% 13,353Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 NA NA 10.37% 14,426Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 5 years period has not been provided, since scheme is in existence for less than 5 years.Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Anupam Tiwari is managing the scheme since 6th October 2016 and he manages 7 schemes & R. Sivakumar is managing the scheme since inception and he manages 7 schemes. Please refer to annexure on Page 43 & 44 for performance of all schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).The performance given above is for Other than Direct Plan unless specified.

ENTRY & EXIT LOAD

Entry Load :NAExit Load : If redeemed / switched-out within 12 months from the date of allotment,- For 10% of investments : NIL - For remaining investment : 1%If redeemed / switched - out after 12 months from the date of allotment : NIL


INVESTMENT OBJECTIVE: To generate capital appreciation by investing in a portfolio of equity or equity linked securities while secondary objective is to generate income through investments in debt and money market instruments. It also aims to manage risk through active asset allocation. However, there is no assurance or

guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

AXIS DYNAMIC EQUITY FUND(An Open Ended Dynamic Asset Allocation Fund)

31

DATE OF ALLOTMENT

1st August 2017MONTHLY AVERAGE

2,323.36 Cr.


2,311.34 Cr.

BENCHMARK

NIFTY50 Hybrid Composite Debt

50:50 Index

AVERAGE MATURITY*

136 days MODIFIED DURATION*


7.63%PORTFOLIO TURNOVER#

(1 YEAR)

3.90 times

Mr. Anupam TiwariWork experience: 13 years.


FUND MANAGER

Mr. R. Sivakumar Work experience: 20 years.



Derivate Exposure


EQUITY 65.34% -31.60% 33.75%

HDFC Bank Limited Banks 3.57% 3.57%

Reliance Industries Limited Petroleum Products 7.16% -4.19% 2.97%

Tata Consultancy Services Limited Software 2.77% 2.77%

ICICI Bank Limited Banks 2.55% -0.25% 2.30%

Kotak Mahindra Bank Limited Banks 3.08% -1.43% 1.66%

Asian Paints LimitedConsumer Non Durables

3.12% -1.48% 1.64%

Bajaj Finance Limited Finance 2.93% -1.32% 1.61%

Gruh Finance Limited Finance 1.47% 1.47%

ACC Limited Cement 1.59% -0.14% 1.45%

Sundaram Finance Limited Finance 1.43% 1.43%

HDFC Limited Finance 3.36% -2.01% 1.34%

Larsen & Toubro Limited Construction Project 1.27% 1.27%

Nestle India LimitedConsumer Non Durables

1.45% -0.19% 1.26%

Infosys Limited Software 2.94% -1.68% 1.26%

TCNS Clothing Co. Limited Textile Products 1.04% 1.04%

Hindustan Unilever LimitedConsumer Non Durables

1.63% -0.63% 1.01%

Maruti Suzuki India Limited Auto 3.15% -2.17% 0.98%

Cholamandalam Investment and Finance Company Limited

Finance 0.89% 0.89%

City Union Bank Limited Banks 0.79% 0.79%

Divi's Laboratories Limited Pharmaceuticals 1.06% -0.30% 0.75%

Mahindra & Mahindra Financial Services Limited

Finance 0.86% -0.14% 0.72%

Varroc Engineering Limited Auto Ancillaries 0.53% 0.53%


DEBT SECURITIES 19.37%


Indiabulls Housing Finance Limited CRISIL AAA 2.60%



Dewan Housing Finance Corporation Limited

CARE A 1.82%

Shriram Transport Finance Company Limited CRISIL AA+ 1.79%


Piramal Enterprises Limited ICRA AA 0.43%


Piramal Capital & Housing Finance Limited

ICRA AA+ 0.22%


PORTFOLIO



FACTSHEETAPRIL 2019

Debt, Cash & Other receivables 34.66% Unhedged Equity 33.75% Hedged Equity 31.60%

AAA, SOV & Equivalent 26.10% AA+ 2.60% AA- 1.88% A 1.82% AA 1.53% A+ 0.73%



Period 1 Year Since Inception

CAGR (%)


CAGR (%)

Current Value of Investment of ` 10,000

Date of inception

Axis Dynamic Equity Fund - Regular Plan - Growth 3.68% 10,368 5.61% 11,0001-Aug-17NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 9.47% 10,947 7.54% 11,353

Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 10.20% 11,846

Axis Dynamic Equity Fund - Direct Plan - Growth 5.30% 10,530 7.36% 11,3201-Aug-17NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 9.47% 10,947 7.54% 11,353

Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 10.20% 11,846Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 3 & 5 years period has not been provided, since scheme is in existence for less than 3 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Anupam Tiwari is managing the scheme since inception and he manages 7 schemes , R. Sivakumar is managing the scheme since inception and he manages 7 schemes. Please refer to annexure on Page 43& 44 for performance of all schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

ENTRY & EXIT LOAD

Entry Load :NAExit Load : If redeemed / switched-out within 12 months from the date of allotment, For 10 % of investments: Nil, For remain-ing investments: 1%, If redeemed / switched - out after 12 months from the date of allotment:NIL


Derivate Exposure





FIXED DEPOSIT 6.92%

HDFC Bank Limited 6.92%


TMF Holdings Limited CRISIL AA 0.67%

Cholamandalam Investment and Finance Company Limited

ICRA AA ICRA AA+ + 0.38%

CASH & OTHER NET CURRENT ASSETS 15.29%

NET ASSETS 100.00%


AXIS EQUITY HYBRID FUND

33

INVESTMENT OBJECTIVE: To generate long term capital appreciation along with current income by investing in a mix of Equity and Equity related Instruments, debt Instruments and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.

The Scheme does not assure or guarantee any returns.

(An open-ended hybrid scheme investing predominantly in equity and equity related instruments)

PORTFOLIO

MONTHLY AVERAGE

2,206.08 Cr.


2,206.54 Cr.

BENCHMARK

CRISIL Hybrid 35+65 - Aggres-

sive Index

Mr. Ashish Naik Work experience: 11 years.




FUND MANAGER

DATE OF ALLOTMENT

9th August 2018

Since scheme has not completed one year, performance details for the same are not provided.

Instrument Type/Issuer Name Industry/ Rating % OF NAVEQUITY 68.92%





Housing Development Finance Corporation Limited Finance 4.07%






Container Corporation of India Limited Transportation 1.96%








HDFC Life Insurance Company Limited Finance 1.28%




Tata Steel Limited Ferrous Metals 1.14%

ITC Limited Consumer Non Durables 1.09%



Tech Mahindra Limited Software 0.90%

Mahindra & Mahindra Limited Auto 0.83%


Torrent Pharmaceuticals Limited Pharmaceuticals 0.73%

City Union Bank Limited Banks 0.58%OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 1.07%



NABARD ICRA A1+ 1.07%

Bank of Baroda CARE A1+ 0.04%


Indiabulls Housing Finance Limited CRISIL A1+ 1.13%

Reliance Jio Infocomm Limited CRISIL A1+ 1.12%

Larsen & Toubro Limited CRISIL A1+ 1.12%

Power Finance Corporation Limited CRISIL A1+ 2.20%


Talwandi Sabo Power Limited CRISIL A1+(SO) 0.23%

Tata Power Company Limited CRISIL A1+ 0.45%




Bank of Baroda CARE AAA 2.01%



Oriental Nagpur Betul Highway Limited CRISIL AAA(SO) 1.62%



Kotak Mahindra Prime Limited CRISIL AAA 1.13%




Bhopal Dhule Transmission Company Limited CRISIL AAA 0.78%

Gruh Finance Limited CRISIL AAA 0.67%

Indiabulls Housing Finance Limited CARE AAA 0.59%

Bajaj Finance Limited CRISIL AAA 0.46%

Hero Fincorp Limited CRISIL AA+ 0.45%


FIXED DEPOSIT 1.13%


TREASURY BILL 0.23%

Government of India SOV 0.23%


Bajaj Housing Finance Limited CRISIL AAA 0.07%


GRAND TOTAL 100.00%


AVERAGE MATURITY*@

1.4 years MODIFIED DURATION*@



8.44%

DEBT COMPONENT



ENTRY & EXIT LOAD

Entry Load :NAExit Load :If redeemed/ switched out on or before 12 months from the date of allotment:- For 10% of investment: Nil- For remaining investment: 1%If redeemed/ switched out after 12 months from the date of allotment: Nil

FACTSHEETAPRIL 2019

EQUITY 68.92% Debt, Cash & other current assets 31.08% AAA, SOV & Equivalent 24.94%

AA 2.93%

AA- 1.68%

A 1.09%

AA+ 0.45%



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Annual Dividend

Mar 25, 2019 0.7203 0.6670 12.0487 11.0487 0.7203 0.6670 12.8454 11.8454Mar 26, 2018 0.7222 0.6691 12.4612 11.4612 0.7222 0.6691 13.1199 12.1199Mar 27, 2017 0.7223 0.6692 12.5556 11.5556 0.5417 0.5019 12.7860 12.0360Mar 28, 2016 0.7222 0.6691 12.5739 11.5739 0.7222 0.6691 12.6583 11.6583

Half Yearly Dividend Mar 25, 2019 0.3601 0.3335 11.0098 10.5098 0.3601 0.3335 11.8072 11.3071Sep 25, 2018 0.3601 0.3335 11.1362 10.6362 0.3601 0.3335 11.8667 11.3667Mar 26, 2018 0.3611 0.3345 11.4652 10.9652 0.3611 0.3345 12.1281 11.6281

Quarterly Dividend

Sep 25, 2017 0.3611 0.3345 11.6889 11.1889 0.3611 0.3345 12.2724 11.7724Mar 25, 2019 0.1800 0.1667 10.7306 10.4806 0.1800 0.1667 13.5227 13.2727Dec 26, 2018 0.1800 0.1667 10.7750 10.5250 0.1800 0.1667 13.5027 13.2527Sep 25, 2018 - - - - 0.1800 0.1667 13.5143 13.2643

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund. Half Yearly Dividends disclosed above are for the last 2 Years. Quarterly Dividends disclosed above are for the last 3 quarters. @ Based on debt portfolio only.

PORTFOLIO

Instrument Type/Issuer Name Industry/Rating

% OF NAV



Mahindra & Mahindra Financial Services Limited IND AAA 9.34%




National Bank For Agriculture and Rural Development CRISIL AAA 3.76%







Blue Dart Express Limited ICRA AA 0.01%

EQUITY 20.40%










Multi Commodity Exchange of India Limited Finance 0.66%




Endurance Technologies Limited Auto Ancil-laries 0.59%







NABARD CRISIL A1+ 5.29%




NET ASSETS 100.00%

DATE OF ALLOTMENT


269.69 Cr.


267.17 Cr.

AVERAGE MATURITY@*

310 daysMODIFIED DURATION

@*


8.63%

Mr. Ashish NaikWork experience: 11 years.

He has been managing this fund since 22nd June 2016

FUND MANAGER


He has been managing this fund since 07th June 2016

INVESTMENT OBJECTIVE: The Scheme seeks to generate regular income through investments in debt & money market instruments, along with capital appreciation through limited exposure to equity and equity related instruments.

AXIS REGULAR SAVER FUND (An Open Ended Hybrid Scheme Investing Predominantly In Debt Instruments)

DIVIDENDS

34

BENCHMARK

NIFTY50 Hybrid Short Duration

Debt 25:75 Index




CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Regular Saver Fund - Growth 4.80% 10,480 6.98% 12,245 8.88% 15,305 7.94% 19,57516-Jul-10NIFTY 50 Hybrid Short Duration Debt 25:75 Index

(Benchmark)8.87% 10,887 9.60% 13,168 9.59% 15,810 9.11% 21,522

NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 8.19% 10,819 5.69% 11,807 7.96% 14,671 6.48% 17,374Axis Regular Saver Fund - Direct Plan - Growth 5.79% 10,579 8.26% 12,691 10.32% 16,347 9.78% 18,033

04-Jan-13NIFTY50 Hybrid Short Duration Debt 25:75 Index (Benchmark)

8.87% 10,887 9.60% 13,168 9.59% 15,810 9.45% 17,692

NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 8.19% 10,819 5.69% 11,807 7.96% 14,671 6.45% 14,845Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 7th June 2016 and he manages 31 schemes & Ashish Naik is managing the scheme since 22nd June 2016 and he manages 18 schemes. Please refer to annexure on Page 44 & 44 - 45 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.


ENTRY & EXIT LOAD

Entry Load :NAExit Load :If redeemed/switch out within 12 months from the date of allotment:- For 10% of investment : Nil - For remaining investment : 1%If redeemed/switch out after 12 months from the date of allotment: Nil

FACTSHEETAPRIL 2019

Corporate Bond 61.15% Equity 20.40% Certificate of Deposit 5.29% Commercial Paper 3.72% Net Current Assets 9.44%

AAA, SOV & Equivalent 58.93% AA 7.36% A 7.34% A+ 4.11% AA- 1.86%


AXIS CHILDREN’S GIFT FUND(An Open Ended Fund, For Investment For Children, Having A Lock-In Of 5 Years Or Till The Child Attains Age Of Majority (Whichever Is Earlier))

INVESTMENT OBJECTIVE: The investment objective of the scheme is to generate income by investing in debt & money market instruments along with long-term capital appreciation through investments in equity & equity related instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

35

PORTFOLIO

Issuer Industry/Rating


EQUITY 67.69%













1.72%



1.61%




















Camlin Fine Sciences Limited Chemicals 0.54%

HDFC Life Insurance Company Limited Finance 0.54%

Blue Dart Express Limited Transportation 0.51%

JK Lakshmi Cement Limited Cement 0.50%











Ujjivan Small Finance Bank Limited CARE A+ 1.23%




7.95% GOI (MD 28/08/2032) Sovereign 2.50%

7.32% GOI (MD 28/01/2024) Sovereign 2.45%

7.59% GOI (MD 11/01/2026) Sovereign 0.12%






NET ASSETS 100.00%



DATE OF ALLOTMENT

08th December 2015

MONTHLY AVERAGE

405.05 Cr.


407.70 Cr.

BENCHMARK

NIFTY 50 Hybrid Composite Debt

65:35 Index

AVERAGE MATURITY@*


@*


8.81%PORTFOLIO TURNOVER#

(1 YEAR)

1.42 times


He has been managing this fund since 6th July 2016


He has been managing this fund since 07th June 2016.

FUND MANAGER

@ Based on debt portfolio only. * For instruments with put/call option, the put/call date has been taken as the maturity date.& The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio. Returns greater than 1 year period are compounded annualised (CAGR).

Period 1 Year 3 Years Since Inception

CAGR (%)


CAGR (%)


CAGR (%)

Current Value of


Date of inception

Axis Childrens Gift Fund - Compulsory Lock-in - Regular Plan - Regular Plan - Growth

1.36% 10,136 8.80% 12,883 8.30% 13,107

08-Dec-15NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 9.92% 10,992 12.89% 14,391 12.25% 14,803Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 14.68% 15,921Axis Childrens Gift Fund - Compulsory Lock-in - Direct Plan - Growth

2.95% 10,295 10.56% 13,516 10.02% 13,829

08-Dec-15NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 9.92% 10,992 12.89% 14,391 12.25% 14,803Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 14.68% 15,921Axis Childrens Gift Fund - No Lock-in^ - Regular Plan - Growth

1.35% 10,135 8.80% 12,882 8.29% 13,105

08-Dec-15NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 9.92% 10,992 12.89% 14,391 12.25% 14,803Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 14.68% 15,921Axis Childrens Gift Fund - No Lock-in^ - Direct Plan - Growth

3.01% 10,301 10.78% 13,600 10.29% 13,945

08-Dec-15NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 9.92% 10,992 12.89% 14,391 12.25% 14,803Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 14.68% 15,921Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. Since inception returns for Axis Childrens Gift Fund - Compulsory Lock-in Regular Plan - Growth & Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth are calculated from 08th December 2015. The performance data for 5 years period has not been provided, since scheme is in existence for less than 5 years.Different plans have different expense structure. Ashish Naik manages 18 schemes & R. Sivakumar manages 7 schemes. Please refer to annexure on Page 43 & 44 for performance of all schemes managed by the fund managers. The performance given above is for Other than Direct Plan unless specified.


ENTRY & EXIT LOAD

Entry Load :NAExit Load :Under Compulsory Lock-in: No exit load post lock-in periodUnder No Lock-in: an Exit Load of 3% is payable if Units are redeemed / switched-out upto 1 year from the date of allotment.an Exit Load of 2% is payable if Units are redeemed / Switched-out after 1 year and upto 2 years from the date of allotmentan Exit Load of 1% is payable if Units are redeemed / Switched-out after 2 years and upto 3 years from the date of allotmentNil if Units are redeemed / switchhead-out after 3 years from the date of allotment

FACTSHEETAPRIL 2019

Unhedged Equity 67.69% Debt, Cash & Other receivables 32.31%

AAA, SOV & Equivalent 15.05% AA 8.01% AA+ 3.63% A+ 3.17% AA- 2.44%


INVESTMENT OBJECTIVE: To generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments, fixed income instruments & Gold Exchange Traded Funds.

AXIS TRIPLE ADVANTAGE FUND(An Open Ended Scheme Investing In Equity, Debt And Gold)

36

PORTFOLIO

DATE OF ALLOTMENT

23rd August 2010MONTHLY AVERAGE

278.61 Cr.


277.69 Cr.

BENCHMARK65% of Nifty 50 TRI

+ 20% of NIFTY Composite Debt

Index + 15% of INR Price of Gold

AVERAGE MATURITY@*

4.7 years


He has been managing the fund since 14th September 2010


He has been managing this fund since 22nd June 2016

FUND MANAGER


* For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio. £Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes,there has been change in the fundamental attribute(s) of the aforesaid effective from May 18, 2018.

Regular Plan

Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

Others

DividendApr 17, 2014 0.4676 0.4478 11.3222 10.7222 Sep 17, 2012 0.7047 0.6040 11.2694 10.4694 Sep 21, 2011 0.7047 0.6040 10.9561 10.1561

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. @ Based on debt portfolio only.

DIVIDENDS


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Triple Advantage Fund - Growth 2.17% 10,217 7.24% 12,336 8.00% 14,694 7.86% 19,302

23-Aug-10

65% of Nifty 50 TRI+ 20% of NIFTY Com-posite Debt Index + 15% of INR Price of Gold (Benchmark)

9.12% 10,912 12.16% 14,112 11.08% 16,918 9.56% 22,109

NIFTY 10 yr Benchmark G-Sec (Additional Benchmark)

8.19% 10,819 5.69% 11,807 7.96% 14,671 6.77% 17,664

Axis Triple Advantage Fund - Direct Plan - Growth

3.27% 10,327 8.49% 12,772 9.13% 15,482 7.98% 16,261

01-Jan-1365% of Nifty 50 + 20% of NIFTY Composite Debt Index + 15% of INR Price of Gold (Benchmark)

9.12% 10,912 12.16% 14,112 11.08% 16,918 10.13% 18,416

NIFTY 10 yr Benchmark G-Sec (Additional Benchmark)

8.19% 10,819 5.69% 11,807 7.96% 14,671 6.52% 14,916

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above.R. Sivakumar is managing the scheme since 14th September 2010 and he manages 7 schemes & Ashish Naik is managing the scheme since 22nd June 2016 and he manages 18 schemes. Please refer to annexure on Page 43 & 44 for performance of all schemes managed by the fund managers. Scheme Performance may not be strictly comparable with that of its additional benchmark in view of hybrid nature of the scheme. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

MODIFIED DURATION@*



1.11 times

Issuer Industry/Rating


EQUITY 70.67%












Titan Company LimitedConsumer Durables

1.88%

TCNS Clothing Co. Limited Textile Products 1.87%

Larsen & Toubro LimitedConstruction Project

1.80%


1.79%




1.46%

Reliance Industries LimitedPetroleum Products

1.44%











Camlin Fine Sciences Limited Chemicals 0.79%


Blue Dart Express Limited Transportation 0.62%








India Infrastructure Fin Co Ltd CRISIL AAA 0.95%


REC LIMITED CRISIL AAA 0.36%

Hindalco Industries Limited CRISIL AA 0.18%


8.35% GOI (MD 14/05/2022) Sovereign 0.05%

8.12% GOI (MD 10/12/2020) Sovereign 0.03%



GOLD 11.59%

Axis Mutual Fund 11.59%


NET ASSETS 100.00%

COMPOSITION BY ASSETS (%) COMPOSITION BY ASSETS (%)

ENTRY & EXIT LOAD

Entry Load :NA

Exit Load :If redeemed/switch out within 12 months from the date of allotment:

- For 10% of investment : Nil - For remaining investment : 1%

If redeemed/switch out after 12 months from the date of allotment: Nil

FACTSHEETAPRIL 2019

Unhedged Equity 70.67% Debt, Cash & Other receivables 17.74% Gold 11.59%

AAA, SOV & Equivalent 14.96% A+ 1.73% AA 1.05%


DATE OF ALLOTMENT

14th August 2014MONTHLY AVERAGE

2,195.35 Cr.


2,209.46 Cr.

BENCHMARK

Nifty 50 Arbitrage Index

Mr. Viresh Joshi Work experience: 20 years +.

He has been managing the fund since 7th Match 2019

Mr. Devang ShahWork experience: More than14 years.He has been managing this fund since

inception.

FUND MANAGER

AXIS ARBITRAGE FUND INVESTMENT OBJECTIVE: To generate income through low volatility absolute return strategies that take advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities available within the derivative segment, by using other derivative based strategies and by investing the balance in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

(An Open Ended Scheme Investing In Arbitrage Opportunities )

37

AVERAGE MATURITY*@

66 daysMODIFIED DURATION*@



11.87 times

Issuer Industry/Rat-ing

% Of Net Asset

Exposure EQUITY 63.74%



Sun Pharmaceutical Industries Limited Pharmaceuticals 5.40%



United Spirits Limited Consumer Non Durables 3.11%



DLF Limited Construction 1.98%


Bajaj Finserv Limited Finance 1.28%Mahindra & Mahindra Financial Services Limited Finance 1.28%

Cadila Healthcare Limited Pharmaceuticals 1.09%


L&T Finance Holdings Limited Finance 0.87%

UPL Limited Pesticides 0.82%

Tata Motors Limited Auto 0.74%

Grasim Industries Limited Cement 0.74%


Vedanta Limited Non - Ferrous Metals 0.72%

Tata Global Beverages Limited Consumer Non Durables 0.58%

Aurobindo Pharma Limited Pharmaceuticals 0.53%

Tech Mahindra Limited Software 0.53%

Torrent Power Limited Power 0.53%

Kotak Mahindra Bank Limited Banks 0.52%OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 7.49%






Bahadur Chand Investments Pvt Limited ICRA A1+ 2.26%

Kotak Mahindra Investments Limited CRISIL A1+ 1.13%

Reliance Retail Ltd CRISIL A1+ 0.45%


Mahindra Rural Housing Finance IND A1+ 0.45%

Tata Power Company Limited CRISIL A1+ 0.45%

Reliance Industries Limited CRISIL A1+ 0.45%

Power Grid Corporation of India Limited CRISIL A1+ 0.45%

National Housing Bank CRISIL A1+ 0.45%

HDFC Limited CRISIL A1+ 0.43%

Vedanta Limited CRISIL A1+ 0.23%

National Fertilizers Limited ICRA A1+ 0.23%


Tata Capital Financial Services Limited CRISIL AAA 2.22%






IDFC First Bank Limited CARE AA+ 0.27%

National Housing Bank IND AAA 0.23%Piramal Capital & Housing Finance Limited ICRA AA+ 0.23%

L&T Finance Limited ICRA AAA 0.17%


FIXED DEPOSIT 12.90%





NET ASSETS 100.00%

PORTFOLIO


CAGR (%)


CAGR (%)


CAGR (%)


CAGR (%)

Current Value of Investment of `

10,000

Date of inception

Axis Arbitrage Fund - Regular Plan - Growth 6.22% 10,622 6.17% 11,970 NA NA 6.50% 13,453

14-Aug-14Nifty 50 Arbitrage Index (Benchmark) 5.87% 10,587 5.32% 11,683 NA NA 6.08% 13,204

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.38% 10,738 7.00% 12,252 NA NA 7.54% 14,088

Axis Arbitrage Fund - Direct Plan - Growth 7.03% 10,703 7.03% 12,262 NA NA 7.37% 13,984

14-Aug-14Nifty 50 Arbitrage Index (Benchmark) 5.87% 10,587 5.32% 11,683 NA NA 6.08% 13,204

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.38% 10,738 7.00% 12,252 NA NA 7.54% 14,088Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 5 years period has not been provided for scheme/plan not in existence for 5 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above.Devang Shah is managing the scheme since inception and he manages 31 schemes & Viresh Joshi is managing the scheme since 7th March 2019 and he manages 1scheme. Please refer to annexure on Page 44 - 45 & 45 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Mar 25, 2019 0.0442 0.0442 10.5141 10.4641 0.0442 0.0442 11.0711 11.0211

Dividend

Feb 21, 2019 0.0442 0.0442 10.5188 10.4688 0.0442 0.0442 11.0667 11.0167

Jan 23, 2019 0.0442 0.0442 10.5220 10.4720 0.0442 0.0442 11.0613 11.0113

Dec 19, 2018 0.0442 0.0442 10.5147 10.4647 0.0442 0.0442 11.0436 10.9936Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund.

Entry Load : NAExit Load : 0.25% if redeemed / switched out within 7 days from the date of allotment/ Investment.

ENTRY & EXIT LOAD


DIVIDENDS

FACTSHEETAPRIL 2019

38

Axis Bluechip Fund - Growth OptionSIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIPTotal Amount Invested 11,10,000 6,00,000 3,60,000 1,20,000

Market value as on April 30, 2019 21,30,957 8,22,733 4,46,708 1,27,622

Returns (Annualised) 13.61% 12.60% 14.57% 12.08%

Benchmark Returns (Annualised) 12.23% 12.16% 13.97% 14.87%

Additional Benchmark Returns (Annualised) 12.47% 12.61% 15.17% 15.23%

SIP PERFORMANCE OF SELECT SCHEMES (as on 30th April 2019)

The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would have grown if you had invested say Rs. 10,000 systematically on the first Business Day of every month over a period of time.

^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: Nifty 50 TRI . Additional Benchmak: S&P BSE Sensex TRI. Inception Date: Jan 05, 2010. This scheme is managed by Shreyash Devalkar. Please refer to the Annexure for returns of all the schemes managed by them.

Axis Long Term Equity Fund - Growth Option

SIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIPTotal Amount Invested 11,20,000 6,00,000 3,60,000 1,20,000





^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: S&P BSE 200 TRI. Additional Benchmak: Nifty 50 TRI. Inception Date: Dec 29, 2009. This scheme is managed by Jinesh Gopani. Please refer to the Annexure for returns of all the schemes managed by him.

Axis Midcap Fund - Growth Option




Benchmark Returns (Annualised) 13.39% 8.50% 2.62% -5.86%


^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: S&P BSE Midcap TRI. Additional Benchmak: Nifty 50 TRI. Inception Date: Feb 18, 2011. This scheme is managed by Shreyash Devalkar. Please refer to the Annexure for returns of all the schemes managed by him.

Axis Focused 25 Fund - Growth Option

SIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIP

Total Amount Invested 8,20,000 6,00,000 3,60,000 1,20,000





^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: Nifty 50 TRI. Additional Benchmak: S&P BSE 200 TRI. Inception Date: Jun 29, 2012. This scheme is managed by Jinesh Gopani. Please refer to the Annexure for returns of all the schemes managed by him.

Axis Equity Saver Fund - Regular Plan - Growth Option

SIP Investments Since Inception SIP 3 Year SIP 1 Year SIPTotal Amount Invested 4,40,000 3,60,000 1,20,000

Market value as on April 30, 2019 5,11,603 4,07,251 1,25,218

Returns (Annualised) 8.20% 8.20% 8.23%

Benchmark Returns (Annualised) 9.21% 9.08% 10.21%

Additional Benchmark Returns (Annualised) 14.17% 13.97% 14.87%^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: NIFTY 50 Equity Savings Index. Additional Benchmak: Nifty 50 TRI. Inception Date: August 14, 2015. This scheme is managed by Anupam Tiwari & R. Sivakumar. Please refer to the Annexure for returns of all the schemes managed by them.

39

Axis Multicap Fund - Regular Plan - Growth OptionSIP Investments Since Inception SIP 1 Year SIP

Total Amount Invested 1,80,000 1,20,000

Market value as on April 30, 2019 1,95,146 1,26,702

Returns (Annualised) 10.75% 10.60%

Benchmark Returns (Annualised) 6.42% 8.86%

Additional Benchmark Returns (Annualised) 12.78% 14.87%

SIP PERFORMANCE OF SELECT SCHEMES (as on 30th April 2019)

The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would have grown if you had invested say Rs. 10,000 systematically on the first Business Day of every month over a period of time.

^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: Nifty 500 TRI. Additional Benchmak: Nifty 50 TRI Inception Date: Nov 20, 2017. This scheme is managed by Shreyash Devalkar. Please refer to the Annexure for returns of all the schemes managed by them.

Axis Small Cap Fund - Regular Plan - Growth Option




Benchmark Returns (Annualised) 6.05% 3.65% -2.56% -7.98%


Axis Triple Advantage Fund - Growth OptionSIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIPTotal Amount Invested 10,50,000 6,00,000 3,60,000 1,20,000




Additional Benchmark Returns (Annualised) 6.68% 6.05% 4.42% 8.31%^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: NIFTY Composite Debt Index (20%), Nifty 50 (65%),Gold+15% Of INR Price of Gold. Additional Benchmak: NIFTY 10 yr Benchmark G-Sec. Inception Date: Aug 23, 2010. This scheme is managed by R. Sivakumar & Ashish Naik. Please refer to the Annexure for returns of all the schemes managed by them.

^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: NIFTY Small Cap 100 TRI. Additional Benchmak: NIFTY 50 TRI. Inception Date: Nov 29, 2013. This scheme is managed by Anupam Tiwari. Please refer to the Annexure for returns of all the schemes managed by them.

Axis Regular Saver Fund - Growth Option






^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: NIFTY 50 Hybrid Short Duration Debt 25:75 Index.Additional Benchmak: NIFTY 10 yr Benchmark G-Sec. Inception Date: Jul 16, 2010. This scheme is managed by Devang Shah, Jinesh Gopani & Ashish Naik. Please refer to the Annexure for returns of all the schemes managed by them.

Axis Dynamic Equity Fund - Regular Plan - Growth Option

SIP Investments Since Inception SIP 1 Year SIPTotal Amount Invested 2,10,000 1,20,000

Market value as on April 30, 2019 2,19,679 1,23,118

Returns (Annualised) 5.04% 4.77%

Benchmark Returns (Annualised) 9.64% 11.92%

Additional Benchmark Returns (Annualised) 12.37% 14.53%^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index. Additional Benchmak: Nifty 50 TRI. Inception Date: August 1, 2017. This scheme is managed by Anupam Tiwari, R. Sivakumar . Please refer to the Annexure for returns of all the schemes managed by them. SIP returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return).

40

NAV

Axis Liquid Fund

Axis Dynamic Bond Fund

Axis Banking & PSU Debt Fund

Axis Gilt Fund

Axis Treasury Advantage Fund

Axis Corporate Debt Fund

Axis Short Term Fund

Axis Strategic Bond Fund

Option NAV (`)Daily Dividend 1001.3998Growth 2077.0616Monthly Dividend 1001.8108Weekly Dividend 1002.0913Retail Daily Dividend 1000.9559Retail Growth 1960.4229Retail Monthly Dividend 1001.1540Retail Weekly Dividend 1000.6244Direct Bonus 2085.5156Direct plan - Daily Dividend 1000.9560Direct plan - Growth 2085.6270Direct plan - Monthly Dividend 1001.2241Direct plan - Weekly Dividend 1002.0913

Option NAV (`)Growth 18.8976Half Yearly Dividend 10.4467Quarterly Dividend 10.3148Direct Plan - Growth 20.2383Direct Plan - Half Yearly Dividend 11.3174Direct Plan - Quarterly Dividend 10.5765

Option NAV (`)Growth 14.5706Monthly Dividend 10.0951Weekly Dividend 10.1611Direct Growth 15.3966Direct Monthly Dividend 10.0414Direct Weekly Dividend 10.2461

Option NAV (`)Daily Dividend 1010.9338Growth 1743.0036Monthly Dividend 1013.9378Weekly Dividend 1010.9642Direct Plan - Daily Dividend 1011.1476Direct Plan - Growth 1765.2417Direct Plan - Monthly Dividend 1014.2083Direct Plan - Weekly Dividend 1011.1773

Option NAV (`)Growth 16.0196Half Yearly Dividend 10.4610Regular Dividend 10.0428Direct Plan - Growth 16.5491Direct Plan - Half Yearly Dividend 10.4940Direct Plan - Regular Dividend 10.0443

Option NAV (`)Daily Dividend 1006.2334Growth 2096.6281Monthly Dividend 1006.2645Weekly Dividend 1006.0042Retail Daily Dividend 1005.4758Retail Growth 1962.0149Retail Monthly Dividend 1006.2627Retail Weekly Dividend 1005.1239Direct Plan - Daily Dividend 1007.2893Direct Plan - Growth 2155.2407Direct Plan - Monthly Dividend 1006.3079Direct Plan - Weekly Dividend 1005.1242

Option NAV (`)Regular Plan Regular Dividend 11.4302Regular Plan Daily Dividend 10.0728Regular Plan Growth 11.4296Regular Plan Monthly Dividend 10.0654Regular Plan Weekly Dividend 10.0652Direct Plan Regular Dividend 11.6027Direct Plan Daily Dividend 10.0793Direct Plan Growth 11.6055Direct Plan Monthly Dividend 10.0665Direct Plan Weekly Dividend 10.0612

Option NAV (`)Bonus 20.4019Growth 20.2858Monthly Dividend 10.1610Weekly Dividend 10.2451Regular Dividend 13.5711Retail Growth 20.0569Retail Monthly Dividend 10.0264Retail Weekly Dividend 10.1535Direct Plan - Regular Dividend 12.9750Direct Plan - Growth 21.2931Direct Plan - Monthly Dividend 10.0285Direct Plan - Weekly Dividend 10.2449

Option NAV (`)Growth 18.2106Half Yearly Dividend 10.4759Quarterly Dividend 10.2416Direct Plan - Growth 19.1877Direct Plan - Half Yearly Dividend 10.8712Direct Plan - Quarterly Dividend 10.7883

Option NAV (`)Dividend 15.32Growth 28.79Direct Plan - Dividend 16.83Direct Plan - Growth 31.00



Option NAV (`)Dividend 11.49Growth 11.49Direct Dividend 11.77Direct Growth 11.77



Axis Bluechip Fund

Axis Long Term Equity Fund

Axis Focused 25 Fund

Axis Multicap Fund

Axis Midcap Fund

Axis Arbitrage Fund

Equity Funds (as on 30th April 2019)

Debt Funds (as on 30th April 2019)

Option NAV (`)Regular Plan Regular Dividend 10.5031Regular Plan Daily Dividend 10.0300Regular Plan Growth 10.5031Regular Plan Monthly Dividend 10.0322Regular Plan Weekly Dividend 10.0500Direct Plan Regular Dividend 10.5601Direct Plan Daily Dividend 10.0300Direct Plan Growth 10.5597Direct Plan Monthly Dividend 10.0409Direct Plan Weekly Dividend 10.0500

Axis Ultra Short Term Fund

Axis Credit Risk Fund

Option NAV (`)Dividend Option 22.86Growth Option 27.78Direct Dividend Option 24.41Direct Growth Option 29.50

Axis Small Cap Fund


Axis Growth Opportunities Fund

Axis Overnight Fund

Option NAV (`)Regular Daily Dividend 1000.5032Regular Growth 1007.7035Regular Monthly Dividend 1001.6559Regular Weekly Dividend 1000.6715Direct Daily Dividend 1000.5073Direct Growth 1007.9456Direct Monthly Dividend 1001.6679

41

NAV

Option NAV (`)Regular Regular Dividend 10.22Regular Growth 10.22Regular Monthly Dividend 10.22Regular Quarterly Dividend 10.22Direct Regular Dividend 10.35Direct Growth 10.35Direct Monthly Dividend 10.36Direct Quarterly Dividend 10.35

Axis Equity Hybrid Fund

Axis Equity Saver Fund Axis Regular Saver Fund

Option NAV (`)Regular Dividend 12.53Growth 12.91Monthly Dividend 10.75Quarterly Dividend 10.84Direct Regular Dividend 12.48Direct Growth 13.48Direct Monthly Dividend 11.22Direct Quarterly Dividend 11.33

Axis Children’s Gift Fund

Option NAV (`)Direct Plan - No Lock-In - Dividend 13.8204Direct Plan - No Lock-In - Growth 13.9447No Lock-In - Dividend 13.1107No Lock-In - Growth 13.1054Compulsory Lock-In - Dividend 13.1140Compulsory Lock-In - Growth 13.1070Dir Plan - Comp Lock-In - Dividend 13.8205Dir Plan - Comp Lock-In - Growth 13.8291

Axis Dynamic Equity Fund


Option NAV (`)Growth Option 19.5746Dividend Option - Half Yearly 10.6101Dividend Option - Quarterly 10.5806Dividend Option - Annual 11.1541Direct Plan - Growth 21.2283Direct Plan - Half Yearly Dividend 11.4236Direct Plan - Quarterly Dividend 13.4088Direct Plan - Annual Dividend 11.9667

Axis Triple Advantage Fund


Hybrid Funds (as on 30th April 2019)

Fund Name Minimum Investment Amount (`)

Additional Purchase Amount (`)

Minimum SIP Amount / in Multipules of (`)

Minimum Installments

Axis Bluechip Fund 5,000/1 100/1 1,000/1 06

Axis Focused 25 Fund 5,000/1 100/1 1,000/1 06

Axis Long Term Equity Fund 500/500 500/500 500/500 06

Axis Midcap Fund 5,000/1 100/1 1,000/1 06

Axis Multicap Fund 5,000/1 100/1 1,000/1 06

Axis Small Cap Fund 5,000/1 100/1 1,000/1 06

Axis Growth Opportunities Fund 5,000/1 100/1 1,000/1 06

Axis Equity Saver Fund 5,000/1 100/1 1,000/1 06

Axis Triple Advantage Fund 5,000/1 100/1 1,000/1 06

Axis Regular Saver Fund 5,000/1 100/1 1,000/1 06

Axis Gilt Fund£ 5,000/1 100/1 1,000/1 06

Axis Dynamic Bond Fund 5,000/1 100/1 1,000/1 06

Axis Corporate Debt Fund 5,000/1 100/1 1,000/1 06

Axis Strategic Bond Fund 5,000/1 100/1 1,000/1 06

Axis Credit Risk Fund£ 5,000/1 100/1 1,000/1 06

Axis Short Term Fund 5,000/1 1,000/1 1,000/1 06

Axis Banking & PSU Debt Fund 5,000/1 1,000/1 1,000/1 06

Axis Treasury Advantage Fund 5,000/1 1,000/1 1,000/1 06

Axis Ultra Short Term Fund 5,000/1 100/1 1,000/1 06

Axis Liquid Fund Growth Option: `500 and in

multiples of ` 1/- there-after

All other Options:` 5,000 and in

multiples of `1/- thereaf-ter

Growth Option: ` 500 and in

multiples of ` 1/- thereafter All other

Options: ` 1,000 and in multiples of ` 1/-

thereafter

- 06

Axis Overnight Fund Growth Option: `500 and in

multiples of ` 1/- there-after

All other Options:` 5,000 and in

multiples of `1/- thereaf-ter

Growth Option: ` 500 and in

multiples of ` 1/- thereafter All other

Options: ` 1,000 and in multiples of ` 1/-

thereafter

- 06

Axis Arbitrage Fund 5,000/1 100/1 1,000/1 06

Axis Children’s Gift Fund 5,000/1 100/1 1,000/1 06

Axis Dynamic Equity Fund 5,000/1 100/1 1,000/1 06

Axis Equity Hybrid Fund 5,000/1 100/1 1,000/1 06

MINIMUM INVESTMENT AMOUNT DETAILS

Please refer to the website for current load structure. For complete information refer Key Information Memorandum (KIM) or Scheme Information Doucment (SID).

42

1 Year 3 Years 5 Years Since Inception

Date of inception CAGR (%) CurrentValue of

Investmentof ` 10,000

CAGR (%) CurrentValue of


CAGR (%)

CurrentValue of


CAGR (%) Current

Value Of

Investment

Of ` 10,000

Was Invested On

Inception Date

FUNDS MANAGED BY SHREYASH DEVALKAR (TOTAL SCHEMES MANAGED : 5 SCHEMES)Axis Bluechip Fund - Growth

05-Jan-109.38% 10,938 15.25% 15,314 14.62% 19,787 12.01% 28,790

Nifty 50 TRI (Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 10.29% 24,905S&P BSE Sensex TRI (Additional Benchmark) 12.40% 11,240 16.55% 15,838 13.28% 18,664 10.42% 25,198Axis Bluechip Fund - Direct Plan - Growth

01-Jan-1310.91% 11,091 16.71% 15,906 16.01% 21,017 15.91% 25,452

Nifty 50 TRI (Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 12.71% 21,329S&P BSE Sensex TRI (Additional Benchmark) 12.40% 11,240 16.55% 15,838 13.28% 18,664 13.06% 21,742Axis Midcap Fund - Growth

18-Feb-110.95% 10,095 14.50% 15,019 18.31% 23,188 16.97% 36,150

S&P BSE Midcap TRI (Benchmark) -11.62% 8,838 11.60% 13,903 16.57% 21,535 11.77% 24,908Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 11.16% 23,809Axis Midcap Fund - Direct Plan - Growth

01-Jan-132.12% 10,212 15.83% 15,547 19.72% 24,611 17.97% 28,459

S&P BSE TRI Midcap (Benchmark) -11.62% 8,838 11.60% 13,903 16.57% 21,535 13.59% 22,400Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 12.71% 21,329Axis Multicap Fund - Regular Plan - Growth@

20-Nov-177.18% 10,718 NA NA NA NA 10.12% 11,490

Nifty 500 (Benchmark) 2.98% 10,298 NA NA NA NA 4.87% 10,710Nifty 50 (Additional Benchmark) 10.84% 11,084 NA NA NA NA 10.86% 11,602Axis Multicap Fund - Direct Plan - Growth@

20-Nov-178.98% 10,898 NA NA NA NA 11.97% 11,770

Nifty 500 TRI (Benchmark) 2.98% 10,298 NA NA NA NA 4.87% 10,710Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 10.86% 11,602Axis Equity Advantage Fund - Series 1 - Regular Plan - Growth@

25-May-173.94% 10,394 NA NA NA NA 8.04% 11,610

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (Benchmark) 10.31% 11,031 NA NA NA NA 11.27% 12,291Nifty 50 TRI (Additional-l Benchmark) 10.84% 11,084 NA NA NA NA 13.11% 12,686Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth@

25-May-175.46% 10,546 NA NA NA NA 9.76% 11,970

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (Benchmark) 10.31% 11,031 NA NA NA NA 11.27% 12,291Nifty 50 TRI (Additional-l Benchmark) 10.84% 11,084 NA NA NA NA 13.11% 12,686Axis Equity Advantage Fund - Series 2 - Regular Plan - Growth@

03-Aug-175.76% 10,576 NA NA NA NA 5.74% 11,020

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (s2) (Benchmark) 10.31% 11,031 NA NA NA NA 9.32% 11,677Nifty 50 TRI (Additional-l Benchmark) 10.84% 11,084 NA NA NA NA 10.86% 11,964Axis Equity Advantage Fund - Series 2 - Direct Plan - Growth@

03-Aug-177.57% 10,757 NA NA NA NA 7.66% 11,370

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (s2) (Benchmark) 10.31% 11,031 NA NA NA NA 9.32% 11,677Nifty 50 TRI (Additional-l Benchmark) 10.84% 11,084 NA NA NA NA 10.86% 11,964

FUNDS MANAGED BY JINESH GOPANI (TOTAL SCHEMES MANAGED : 5 SCHEMES)Axis Long Term Equity Fund - Growth*

29-Dec-091.90% 10,190 14.28% 14,930 18.15% 23,030 17.31% 44,410

S&P BSE 200 TRI (Benchmark) 5.36% 10,536 15.40% 15,373 14.35% 19,557 10.65% 25,727Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 10.47% 25,337Axis Long Term Equity Fund - Direct Plan - Growth*

01-Jan-132.94% 10,294 15.51% 15,418 19.50% 24,377 20.17% 31,997

S&P BSE 200 TRI (Benchmark) 5.36% 10,536 15.40% 15,373 14.35% 19,557 13.18% 21,892Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 12.71% 21,329Axis Focused 25 Fund - Growth

29-Jun-120.04% 10,004 16.85% 15,962 16.75% 21,705 16.02% 27,630

Nifty 50 (Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 13.77% 24,165S&P BSE 200 (Additional Benchmark) 5.36% 10,536 15.40% 15,373 14.35% 19,557 14.49% 25,233Axis Focused 25 Fund - Direct Plan - Growth

01-Jan-131.29% 10,129 18.28% 16,554 18.22% 23,106 16.00% 25,583

Nifty 50 TRI (Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 12.71% 21,329S&P BSE 200 TRI (Additional Benchmark) 5.36% 10,536 15.40% 15,373 14.35% 19,557 13.18% 21,892Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Regular Plan - Growth@

29-Dec -16

-6.20% 9,380 NA NA NA NA 8.51% 12,100

S&P BSE Midcap TRI (Benchmark) -11.62% 8,838 NA NA NA NA 11.17% 12,804Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 18.73% 14,931Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Direct Plan- Growth@

29-Dec -16

-4.86% 9,514 NA NA NA NA 10.18% 12,540

S&P BSE Midcap TRI (Benchmark) -11.62% 8,838 NA NA NA NA 11.17% 12,804Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 18.73% 14,931Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Regular Plan - Growth@

29-Dec -16

-5.59% 9,441 NA NA NA NA 7.29% 11,650

S&P BSE Midcap TRI (Benchmark) -11.62% 8,838 NA NA NA NA 5.58% 11,249Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 15.18% 13,588Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Direct Plan- Growth@

29-Dec -16

-4.22% 9,578 NA NA NA NA 8.93% 12,040

S&P BSE Midcap TRI (Benchmark) -11.62% 8,838 NA NA NA NA 5.58% 11,249Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 15.18% 13,588

FUNDS MANAGED BY R.SIVAKUMAR (TOTAL SCHEMES MANAGED : 7 SCHEMES)Axis Equity Saver Fund - Regular Plan - Growth@

14-Aug-156.26% 10,626 8.95% 12,936 NA NA 7.12% 12,910

NIFTY 50 Equity Savings Index (Benchmark) 8.40% 10,840 9.85% 13,258 NA NA 8.10% 13,353Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 NA NA 10.37% 14,426Axis Equity Saver Fund - Direct Plan - Growth@

14-Aug-157.32% 10,732 10.16% 13,373 NA NA 8.38% 13,480

NIFTY 50 Equity Savings Index (Benchmark) 8.40% 10,840 9.85% 13,258 NA NA 8.10% 13,353Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 NA NA 10.37% 14,426Axis Triple Advantage Fund - Growth

23-Aug-102.17% 10,217 7.24% 12,336 8.00% 14,694 7.86% 19,302

NIFTY Composite Debt Index (20%), Nifty 50 (65%),Gold (15%) (Benchmark) 9.12% 10,912 12.16% 14,112 11.08% 16,918 9.56% 22,109NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 8.19% 10,819 5.69% 11,807 7.96% 14,671 6.77% 17,664Axis Triple Advantage Fund - Direct Plan Growth

01-Jan-133.27% 10,327 8.49% 12,772 9.13% 15,482 7.98% 16,261

NIFTY Composite Debt Index (20%), Nifty 50 (65%),Gold (15%) (Benchmark) 9.12% 10,912 12.16% 14,112 11.08% 16,918 10.13% 18,416NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 8.19% 10,819 5.69% 11,807 7.96% 14,671 6.52% 14,916Axis Dynamic Bond Fund - Growth

27-Apr-117.88% 10,788 7.09% 12,282 8.44% 14,996 8.27% 18,898

NIFTY Composite Debt Index (Benchmark) 7.71% 10,771 6.92% 12,226 8.52% 15,054 8.15% 18,742NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 8.19% 10,819 5.69% 11,807 7.96% 14,671 6.84% 16,995Axis Dynamic Bond Fund - Direct Plan - Growth

01-Jan-138.78% 10,878 8.02% 12,608 9.57% 15,797 9.11% 17,355

NIFTY Composite Debt Index (Benchmark) 7.71% 10,771 6.92% 12,226 8.52% 15,054 7.87% 16,148NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 8.19% 10,819 5.69% 11,807 7.96% 14,671 6.52% 14,912Axis Dynamic Equity Fund -Regular Plan - Growth@@

1-Aug-173.68% 10,368 NA NA NA NA 5.61% 11,000

NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 9.47% 10,947 NA NA NA NA 7.54% 11,353Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 10.20% 11,846Axis Dynamic Equity Fund - Direct Plan - Growth@@

1-Aug-175.30% 10,530 NA NA NA NA 7.36% 11,320

NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 9.47% 10,947 NA NA NA NA 7.54% 11,353Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 10.20% 11,846Axis Capital Protection Oriented Fund - Series 5 #

02-Nov-127.24% 10,724 8.24% 12,686 7.85% 14,597 8.13% 16,607

Crisil Hybrid 85+15 - Conservative Index (Benchmark) 7.86% 10,786 8.54% 12,791 9.81% 15,970 9.18% 17,685NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 7.65% 14,459 7.57% 16,058Axis Childrens Gift Fund - Compulsory Lock-in - Regular Plan - Growth@

08-Dec-151.36% 10,136 8.80% 12,883 NA NA 8.30% 13,107

NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 9.92% 10,992 12.89% 14,391 NA NA 12.25% 14,803

Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 NA NA 14.68% 15,921Axis Childrens Gift Fund - Compulsory Lock-in - Direct Plan - Growth@

08-Dec-152.95% 10,295 10.56% 13,516 NA NA 10.02% 13,829

NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 9.92% 10,992 12.89% 14,391 NA NA 12.25% 14,803Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 NA NA 14.68% 15,921Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth@

08-Dec-151.35% 10,135 8.80% 12,882 NA NA 8.29% 13,105

NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 9.92% 10,992 12.89% 14,391 NA NA 12.25% 14,803Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 NA NA 14.68% 15,921Axis Childrens Gift Fund - No Lock-in - Direct Plan - Growth@

08-Dec-153.01% 10,301 10.78% 13,600 NA NA 10.29% 13,945

NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 9.92% 10,992 12.89% 14,391 NA NA 12.25% 14,803Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 NA NA 14.68% 15,921

FUNDS MANAGED BY ADITYA PAGARIA (TOTAL SCHEMES MANAGED : 7 SCHEMES)Axis Liquid Fund - Growth

09-Oct-097.53% 10,753 7.18% 12,311 7.72% 14,507 7.94% 20,771

NIFTY Liquid Index (Benchmark) 7.36% 10,736 6.99% 12,245 7.55% 14,389 7.88% 20,647NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.38% 10,738 7.00% 12,250 7.65% 14,459 6.89% 18,913Axis Liquid Fund - Direct Plan - Growth

31-Dec-127.59% 10,759 7.25% 12,335 7.79% 14,553 8.11% 16,384

NIFTY Liquid Index (Benchmark) 7.36% 10,736 6.99% 12,245 7.55% 14,389 7.91% 16,193NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.38% 10,738 7.00% 12,250 7.65% 14,459 7.55% 15,854

ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 30th April 2019)

43






CAGR (%)

CurrentValue of


CAGR (%) Current

Value Of

Investment

Of ` 10,000

Was Invested On

Inception DateAxis Liquid Fund - Retail Plan - Growth

01-Mar-106.95% 10,695 6.59% 12,110 7.15% 14,125 7.62% 19,604

NIFTY Liquid Index (Benchmark) 7.36% 10,736 6.99% 12,245 7.55% 14,389 8.07% 20,370NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.38% 10,738 7.00% 12,250 7.65% 14,459 7.03% 18,640Axis Treasury Advantage Fund - Growth

09-Oct-097.92% 10,792 7.33% 12,367 7.80% 14,560 8.05% 20,966

NIFTY Low Duration Debt Index (Benchmark) 7.85% 10,785 7.42% 12,398 8.02% 14,711 8.24% 21,330NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 7.65% 14,459 6.89% 18,913Axis Treasury Advantage Fund - Direct Plan - Growth

01-Jan-138.41% 10,841 7.85% 12,549 8.30% 14,905 8.61% 16,868

NIFTY Low Duration Debt Index (Benchmark) 7.85% 10,785 7.42% 12,398 8.02% 14,711 8.20% 16,465NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 7.65% 14,459 7.55% 15,848Axis Treasury Advantage Fund - Retail Plan - Growth

03-Mar-107.92% 10,792 6.95% 12,236 7.30% 14,227 7.63% 19,620

NIFTY Low Duration Debt Index (Benchmark) 7.85% 10,785 7.42% 12,398 8.02% 14,711 8.36% 20,864NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 7.65% 14,459 7.03% 18,637Axis Banking & PSU Debt Fund - Growth

08-Jun-128.46% 10,846 7.71% 12,500 8.15% 14,796 8.39% 17,430

NIFTY Banking & PSU Debt Index (Benchmark) 7.15% 10,715 6.89% 12,215 8.07% 14,745 8.22% 17,242NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 7.65% 14,459 7.54% 16,512Axis Banking & PSU Debt Fund - Direct Plan - Growth

01-Jan-138.76% 10,876 7.95% 12,583 8.37% 14,949 8.51% 16,767

NIFTY Banking & PSU Debt Index (Benchmark) 7.15% 10,715 6.89% 12,215 8.07% 14,745 7.99% 16,268NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 7.65% 14,459 7.55% 15,848Axis Equity Advantage Fund - Series 1 - Regular Plan - Growth@@

25-May-173.94% 10,394 NA NA NA NA 8.04% 11,610

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (Benchmark) 10.31% 11,031 NA NA NA NA 11.27% 12,291Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 13.11% 12,686Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth@@

25-May-175.46% 10,546 NA NA NA NA 9.76% 11,970

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (Benchmark) 10.31% 11,031 NA NA NA NA 11.27% 12,291Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 13.11% 12,686Axis Equity Advantage Fund - Series 2 - Regular Plan - Growth@@

03-AUG-175.76% 10,576 NA NA NA NA 5.74% 11,020

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (Benchmark) 10.31% 11,031 NA NA NA NA 9.32% 11,677Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 10.86% 11,964Axis Equity Advantage Fund - Series 2 - Direct Plan - Growth@@

03-Aug-177.57% 10,757 NA NA NA NA 7.66% 11,370

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (Benchmark) 10.31% 11,031 NA NA NA NA 9.32% 11,677Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 10.86% 11,964

TOP 3 FUNDS MANAGED BY ASHISH NAIK (TOTAL SCHEMES MANAGED : 18 SCHEMES)Axis NIFTY ETF@@

03-Jul-1710.83% 11,083 NA NA NA NA 13.53% 12,605

Nifty 50 TRI (Benchmark) 10.84% 11,084 NA NA NA NA 12.98% 12,495Axis Hybrid Fund - Series 30 - Regular Plan - Growth@

11-Feb-167.46% 10,746 9.57% 13,158 NA NA 11.32% 14,120

Crisil Composite Bond Fund Index (85%) and Nifty 50 TRI (15%) (Benchmark) 8.63% 10,863 8.60% 12,811 NA NA 9.48% 13,383NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 NA NA 7.15% 12,489Axis Hybrid Fund - Series 30 - Direct Plan - Growth@

11-Feb-168.79% 10,879 11.02% 13,686 NA NA 12.77% 14,718

Crisil Composite Bond Fund Index (85%) and Nifty 50 TRI (15%) (Benchmark) 8.63% 10,863 8.60% 12,811 NA NA 9.48% 13,383NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 NA NA 7.15% 12,489Axis Hybrid Fund - Series 29 - Regular Plan - Growth@

01-Feb-167.37% 10,737 9.11% 12,992 NA NA 9.88% 13,574

Crisil Composite Bond Fund Index (85%) and Nifty 50 TRI (15%) (Benchmark) 8.63% 10,863 8.60% 12,811 NA NA 8.99% 13,219NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 NA NA 7.12% 12,499Axis Hybrid Fund - Series 29 - Direct Plan - Growth@

01-Feb-168.71% 10,871 10.55% 13,514 NA NA 11.31% 14,155

Crisil Composite Bond Fund Index (85%) and Nifty 50 TRI (15%) (Benchmark) 8.63% 10,863 8.60% 12,811 NA NA 8.99% 13,219NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 NA NA 7.12% 12,499

BOTTOM 3 FUNDS MANAGED BY ASHISH NAIK (TOTAL SCHEMES MANAGED : 18 SCHEMES)Axis Childrens Gift Fund - Compulsory Lock-in - Regular Plan - Growth

08-Dec-151.36% 10,136 8.80% 12,883 NA NA 8.30% 13,107

NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 9.92% 10,992 12.89% 14,391 NA NA 12.25% 14,803Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 NA NA 14.68% 15,921Axis Childrens Gift Fund - Compulsory Lock-in - Direct Plan - Growth

08-Dec-152.95% 10,295 10.56% 13,516 NA NA 10.02% 13,829

NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 9.92% 10,992 12.89% 14,391 NA NA 12.25% 14,803Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 NA NA 14.68% 15,921Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth

23-Aug-101.35% 10,135 8.80% 12,882 NA NA 8.29% 13,105

NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 9.92% 10,992 12.89% 14,391 NA NA 12.25% 14,803Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 NA NA 14.68% 15,921Axis Childrens Gift Fund - No Lock-in - Direct Plan - Growth

01-Jan-133.01% 10,301 10.78% 13,600 NA NA 10.29% 13,945

NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 9.92% 10,992 12.89% 14,391 NA NA 12.25% 14,803Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 NA NA 14.68% 15,921Axis Capital Builder Fund - Series 1 - Growth

08-Mar-18-0.87% 9,913 NA NA NA NA 2.18% 10,250

Nifty 500 TRI (Benchmark) 2.98% 10,298 NA NA NA NA 7.65% 10,881Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 14.20% 11,643Axis Capital Builder Fund - Series 1 - Direct Plan - Growth

08-Mar-180.48% 10,048 NA NA NA NA 3.66% 10,420

Nifty 500 TRI (Benchmark) 2.98% 10,298 NA NA NA NA 7.65% 10,881Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 14.20% 11,643

TOP 3 FUNDS MANAGED BY ANUPAM TIWARI (TOTAL SCHEMES MANAGED : 7 SCHEMES) Axis Equity Saver Fund - Regular Plan - Growth

14-Aug-156.26% 10,626 8.95% 12,936 NA NA 7.12% 12,910

NIFTY 50 Equity Savings Index (Benchmark) 8.40% 10,840 9.85% 13,258 NA NA 8.10% 13,353Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 NA NA 10.37% 14,426Axis Equity Saver Fund - Direct Plan - Growth

14-Aug-157.32% 10,732 10.16% 13,373 NA NA 8.38% 13,480

NIFTY 50 Equity Savings Index (Benchmark) 8.40% 10,840 9.85% 13,258 NA NA 8.10% 13,353Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 NA NA 10.37% 14,426Axis Dynamic Equity Fund - Regular Plan - Growth

01-Aug-173.68% 10,368 NA NA NA NA 5.61% 11,000

NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 9.47% 10,947 NA NA NA NA 7.54% 11,353Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 10.20% 11,846Axis Dynamic Equity Fund - Direct Plan - Growth

01-Aug-175.30% 10,530 NA NA NA NA 7.36% 11,320

NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 9.47% 10,947 NA NA NA NA 7.54% 11,353Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 10.20% 11,846Axis Capital Builder Fund - Series 1 - Growth

08-Mar-18-0.87% 9,913 NA NA NA NA 2.18% 10,250

Nifty 500 TRI (Benchmark) 2.98% 10,298 NA NA NA NA 7.65% 10,881Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 14.20% 11,643Axis Capital Builder Fund - Series 1 - Direct Plan - Growth

08-Mar-180.48% 10,048 NA NA NA NA 3.66% 10,420

Nifty 500 TRI (Benchmark) 2.98% 10,298 NA NA NA NA 7.65% 10,881Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 14.20% 11,643

BOTTOM 3 FUNDS MANAGED BY ANUPAM TIWARI (TOTAL SCHEMES MANAGED : 7 SCHEMES) Axis Small Cap Fund - Regular Plan - Growth

29-Nov-13-3.04% 9,696 11.84% 13,995 19.07% 23,948 20.75% 27,780

Nifty Smallcap 100 TRI (Benchmark) -22.14% 7,786 8.47% 12,764 11.55% 17,276 15.10% 21,424Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 13.97% 20,309Axis Small Cap Fund - Direct Plan - Growth

29-Nov-13-1.99% 9,801 13.07% 14,461 20.39% 25,300 22.09% 29,500

Nifty Smallcap 100 TRI (Benchmark) -22.14% 7,786 8.47% 12,764 11.55% 17,276 15.10% 21,424Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 15.91% 15,580 13.32% 18,693 13.97% 20,309Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Regular Plan - Growth

27-Feb-17

-5.59% 9,441 NA NA NA NA 7.29% 11,650

S&P BSE MidCap TRI (Benchmark) -11.62% 8,838 NA NA NA NA 5.58% 11,249Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 15.18% 13,588Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Direct Plan - Growth

27-Feb-17

-4.22% 9,578 NA NA NA NA 8.93% 12,040

S&P BSE MidCap TRI (Benchmark) -11.62% 8,838 NA NA NA NA 5.58% 11,249Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 15.18% 13,588Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Regular Plan - Growth

29-Dec-16

-6.20% 9,380 NA NA NA NA 8.51% 12,100

S&P BSE MidCap TRI (Benchmark) -11.62% 8,838 NA NA NA NA 11.17% 12,804Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 18.73% 14,931Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Direct Plan - Growth

29-Dec-16

-4.86% 9,514 NA NA NA NA 10.18% 12,540

S&P BSE MidCap TRI (Benchmark) -11.62% 8,838 NA NA NA NA 11.17% 12,804Nifty 50 TRI (Additional Benchmark) 10.84% 11,084 NA NA NA NA 18.73% 14,931

TOP 3 FUNDS MANAGED BY DEVANG SHAH (TOTAL SCHEMES MANAGED : 31 SCHEMES)Axis Corporate Debt Fund - Regular Plan - Growth

13-Jul-178.70% 10,870 NA NA NA NA 7.72% 11,430

NIFTY Corporate Bond Index (Benchmark) 7.39% 10,739 NA NA NA NA 6.00% 11,103NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 NA NA NA NA 7.04% 11,301

ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 30th April 2019)

44

45

Total Expense Ratio**Scheme - Regular Plan / Retail Plan / Direct Plan : Axis Liquid Fund : 0.16% / 0.65% / 0.11%, Axis Treasury Advantage Fund : 0.58% / 0.58% / 0.28%, Axis Banking & PSU Debt Fund : 0.55% / 0.29%, Axis Short Term Fund : 0.90% / 0.90%/ 0.28%, Axis Dynamic Bond Fund : 1.41% / 0.62%, Axis Gilt Fund : 0.66% / 0.20%, Axis Strategic Bond Fund : 1.05% / 0.39%, Axis Credit Risk Fund : 1.92% / 0.57%, Axis Arbitrage Fund : 0.99% / 0.27%, Axis Corporate Debt Fund : 1.05% / 0.28%, Axis Regular Saver* : 2.39% / 1.27%, Axis Long Term Equity Fund*: 1.77% / 0.66%, Axis Focused 25 Fund* : 2.05% / 0.50%, Axis Bluechip Fund* : 2.11% / 0.76%, Axis Triple Advantage Fund* : 2.40% / 1.17%, Axis Midcap Fund: 2.28% / 0.93%, Axis Equity Saver Fund : 2.51% / 1.20%, Axis Children’s Gift Fund : 2.21% / 0.78%, Axis Dynamic Equity Fund* : 2.26% / 0.66%, Axis Multi Cap Fund* : 2.18% / 0.48%, Axis Equity Hybrid Fund* : 2.26% / 0.58%, Axis Ultra Short Term Fund : 1.22% / 0.28%, Axis Growth Opportunities Fund* : 2.56% / 0.58% , Axis Small Cap Fund* : 2.67%, 1.55%, Axis Overnight Fund : 0.16%, 0.11%

*The rates mentioned above are inclusive of a proportionate charge in respect sales beyond T-30 cities subject to maximum of 30 bps on daily net assets has been charged in these schemes.1. Total Expenses Ratio is inclusive of GST2. **Total Expenses Ratio is of last day of the month

Past performance may or may not be sustained in the future. Calculations are based on Growth Option NAV. Since inception returns are calculated on Rs.1,000/- invested at inception for Axis Liquid Fund, Axis Treasury Advantage Fund and Axis Banking & PSU Debt Fund, on Rs. 2,026.8434/- invested at inception for Axis Gold ETF and on Rs. 10/- invested at inception for all other schemes. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above.

The above data excludes performance of Fixed Maturity Plans and all the schemes which have not completed a year. Jinesh Gopani is managing Axis Long Term Equity Fund since 1st April 2011, Axis Focused 25 Fund since 7th June 2016 and Axis Emerging Opportunites Fund Series 1 and Series 2 since inception, Axis Growth Opportunities Fund since inception.Shreyash Devalkar is managing Axis Bluechip Fund, Axis Midcap Fund since 23rd November 2016, Axis Equity Advantage Fund - Series 1 and Axis Equity Advantage Fund - Series 2 since inception and Axis Multicap Fund since 20th November 2017.Anupam Tiwari is managing Axis Equity Saver Fund and Axis Small Cap Fund since 6th October, 2016, Axis Emerging Opportunities Fund - Series 1 since 29th December 2016, Axis Emerging Opportunities Fund - Series 2 since 17th Feb 2017, Axis Dynamic Equity Fund since inception, Axis Capital Builder Fund - Series 1 since 8th March 2018, Axis Capital Builder Fund - Series 4 since 21st December 2018Devang Shah is managing Axis Liquid Fund, Axis Dynamic Bond Fund, Axis Gilt Fund , Axis Strategic Bond Fund and Axis Short Term Fund and all Axis Hybrid Funds since 5th November 2012 (since inception date for Axis Hybrid Funds launched after 5th November, 2012), Axis Credit Risk Fund and Axis Arbitrage Fund since inception and Axis Treasury Advantage Fund and Axis Regular Saver Fund (Debt portion), Axis Gold Fund, Axis Gold ETF , all Axis Fixed Term Plans since 7th June, 2016 (since inception date for Axis Fixed Term Plans launched after 7th June, 2016) and Axis Corporate Debt Fund since July 13th, 2017.Ashish Naik is managing the equity portion of Axis Regular Saver Fund and Axis Triple Advantage Fund since 22nd June 2016 and Axis Children’s Gift Fund since July 6th, 2016 and Axis Nifty ETF since July 3rd 2017, Axis Capital Builder Fund - Series 1 since 8th March 2018, Axis Equity Hybrid Fund since inception & all Axis Hybrid Funds since 7th March, 2019. Axis Capital Protection Oriented Fund – Series 5 since 7th March 2019Aditya Pagaria is managing Axis Ultra short term fund since inception and Axis Liquid Fund, Axis Treasury Advantage Fund, Axis Banking & PSU Debt Fund since 13th August, 2016, Axis Equity Advantage Fund Series - 1 since 26th May, 2017 & Axis Equity Advantage Fund Series - 2 since 7th March 2019, Axis Overnight Fund since inception .R. Sivakumar is managing Axis Dynamic Bond Fund, Axis Equity Saver Fund (debt potion) and Axis Capital Protection Oriented Fund – Series 5 since inception, Axis Triple Advantage Fund since 14th September 2010 and Axis Children’s Gift Fund (debt portion) since 7th June 2016, Axis Dynamic Equity Fund since inception, Axis Equity Hybrid Fund since inception.Viresh Joshi is managing Axis Arbitrage Fund since 7th March 2019Dhaval Patel managing Axis Credit Risk Fund since inception.

@The performance data for 3 years & 5 years period has not been provided, since scheme is in existence for less than 3 years. @@The performance data for 5 years period has not been provided, since scheme is in existence for less than 5 years.W.e.f January 1, 2013, Axis Short Term Fund - Institutional Plan, Axis Treasury Advantage Fund - Institutional Plan & Axis Liquid Fund - Institutional Plan have been renamed Axis Short Term Fund, Axis Treasury Advantage Fund & Axis Liquid Fund, respectively.* An open ended equity linked savings scheme with a 3 year lock-in.# Scheme Performance may not be strictly comparable with that of its additional benchmark in view of hybrid nature of the scheme.

Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability restricted to ` 1 lakh). Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. (the AMC). Risk Factors: Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Above data excludes schemes which have not completed a year. The above data excludes performance of direct plans of schemes which have not completed a year. Additional Benchmark of certain schemes have been changed w.e.f. September 30, 2018. The performance given above is for Other than Direct Plan unless specified.






CAGR (%)

CurrentValue of


CAGR (%) Current

Value Of

Investment

Of ` 10,000

Was Invested On

Inception DateAxis Corporate Debt Fund - Direct Plan - Growth

13-Jul-179.60% 10,960 NA NA NA NA 8.64% 11,606

NIFTY Corporate Bond Index (Benchmark) 7.39% 10,739 NA NA NA NA 6.00% 11,103NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 NA NA NA NA 7.04% 11,301Axis Gilt Fund - Growth

23-Jan-128.24% 10,824 6.11% 11,951 8.03% 14,720 6.70% 16,020

NIFTY All Duration G-Sec Index (Benchmark) 10.39% 11,039 6.97% 12,244 8.57% 15,086 7.48% 16,898Axis Gilt Fund - Direct Plan - Growth

01-Jan-138.77% 10,877 6.66% 12,136 8.58% 15,098 7.16% 15,487

NIFTY All Duration G-Sec Index (Benchmark) 10.39% 11,039 6.97% 12,244 8.57% 15,086 7.24% 15,565Axis Treasury Advantage Fund - Growth

09-Oct-097.92% 10,792 7.33% 12,367 7.80% 14,560 8.05% 20,966

NIFTY Low Duration Debt Index (Benchmark) 7.85% 10,785 7.42% 12,398 8.02% 14,711 8.24% 21,330NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 7.65% 14,459 6.89% 18,913Axis Treasury Advantage Fund - Direct Plan - Growth

01-Jan-138.41% 10,841 7.85% 12,549 8.30% 14,905 8.61% 16,868

NIFTY Low Duration Debt Index (Benchmark) 7.85% 10,785 7.42% 12,398 8.02% 14,711 8.20% 16,465NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 7.65% 14,459 7.55% 15,848Axis Treasury Advantage Fund - Retail - Growth

03-Mar-107.92% 10,792 6.95% 12,236 7.30% 14,227 7.63% 19,620

NIFTY Low Duration Debt Index (Benchmark) 7.85% 10,785 7.42% 12,398 8.02% 14,711 8.36% 20,864NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 7.65% 14,459 7.03% 18,637

BOTTOM 3 FUNDS MANAGED BY DEVANG SHAH (TOTAL SCHEMES MANAGED : 31 SCHEMES)Axis Hybrid Fund - Series 27 - Regular Plan - Growth

29-Oct-15

4.31% 10,431 7.99% 12,596 NA NA 6.35% 12,408Crisil Composite Bond Fund Index (85%) and Nifty 50 TRI (15%) (Benchmark)

8.63% 10,863 8.60% 12,811 NA NA 8.26% 13,208

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 NA NA 7.12% 12,725Axis Hybrid Fund - Series 27 - Direct Plan - Growth

29-Oct-155.60% 10,560 9.42% 13,103 NA NA 7.72% 12,975

Crisil Composite Bond Fund Index (85%) and Nifty 50 TRI (15%) (Benchmark) 8.63% 10,863 8.60% 12,811 NA NA 8.26% 13,208NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.37% 10,737 7.00% 12,252 NA NA 7.12% 12,725Axis Gold ETF

10-Nov-101.47% 10,147 -0.31% 9,908 1.01% 10,518 3.89% 13,815

Domestic Price of Gold (Benchmark) 1.99% 10,199 1.92% 10,587 2.86% 11,513 4.42% 14,421Axis Gold Fund - Growth

20-Oct-110.67% 10,067 -0.65% 9,808 -1.34% 9,346 -0.06% 9,952

Domestic Price of Gold (Benchmark) 1.99% 10,199 1.92% 10,587 2.86% 11,513 1.37% 11,083Axis Gold Fund - Direct Plan - Growth

01-Jan-131.08% 10,108 0.06% 10,017 -0.33% 9,834 -1.12% 9,310

Domestic Price of Gold (Benchmark) 1.99% 10,199 1.92% 10,587 2.86% 11,513 -0.24% 9,847FUNDS MANAGED BY FUNDS MANAGED BY VIRESH JOSHI (TOTAL SCHEMES MANAGED : 1 SCHEME)

Axis Arbitrage Fund - Regular Plan - Growth@@

14-Aug-146.22% 10,622 6.17% 11,970 NA NA 6.50% 13,453

Nifty 50 Arbitrage Index (Benchmark) 5.87% 10,587 5.32% 11,683 NA NA 6.08% 13,204NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.38% 10,738 7.00% 12,252 NA NA 7.54% 14,088Axis Arbitrage Fund - Direct Plan - Growth@@

14-Aug-147.03% 10,703 7.03% 12,262 NA NA 7.37% 13,984

Nifty 50 Arbitrage Index (Benchmark) 5.87% 10,587 5.32% 11,683 NA NA 6.08% 13,204NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.38% 10,738 7.00% 12,252 NA NA 7.54% 14,088

FUNDS MANAGED BY FUNDS MANAGED BY DHAVAL PATEL (TOTAL SCHEMES MANAGED : 1 SCHEME)Axis Strategic Bond Fund - Growth

28-Mar-127.73% 10,773 8.24% 12,686 9.22% 15,544 8.82% 18,211

NIFTY Medium Duration Debt Index (Benchmark) 7.58% 10,758 7.13% 12,298 8.39% 14,963 8.52% 17,858NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 8.19% 10,819 5.69% 11,807 7.96% 14,671 7.14% 16,314Axis Strategic Bond Fund - Direct Plan - Growth

07-Jan-138.44% 10,844 8.96% 12,939 10.13% 16,201 9.44% 17,669

NIFTY Medium Duration Debt Index (Benchmark) 7.58% 10,758 7.13% 12,298 8.39% 14,963 8.07% 16,323NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 8.19% 10,819 5.69% 11,807 7.96% 14,671 6.41% 14,805

46

PRODUCT LABELLINGAXIS BLUECHIP FUND (An open ended equity scheme predominantly investing in large cap stocks) This product is suitable for investors who are seeking*l Capital appreciation over long terml Investment in a diversified portfolio predominantly consisting of equity and equity related instruments of large cap companies

AXIS FOCUSED 25 FUND (An open ended equity scheme investing in maximum 25 stocks investing in large cap, mid cap and small cap companies.)This product is suitable for investors who are seeking*l Capital appreciation over long terml Investment in a concentrated portfolio of equity & equity related instruments of up to 25 companies AXIS LONG TERM EQUITY FUND (An open ended equity linked saving scheme with a statutory lock in of 3 year and tax benefit)This product is suitable for investors who are seeking*l Capital appreciation & generating income over long terml Investment in a diversified portfolio predominantly consisting of equity and equity related instrumentsAXIS MIDCAP FUND (An open ended equity scheme predominantly investing in Mid Cap stocks)This product is suitable for investors who are seeking*l Capital appreciation over long terml Investing predominantly in equity & equity related instruments of Mid Cap companies. AXIS MULTICAP FUND (An open ended equity scheme investing across large cap, mid cap, small cap stocks) This product is suitable for investors who are seeking*l Capital appreciation over medium to long terml Investment in a diversified portfolio consisting of equity and equity related instruments across market capitalization.AXIS TRIPLE ADVANTAGE FUND (An open ended scheme investing in equity, debt and gold) This product is suitable for investors who are seeking*l Capital appreciation & generating income over long term l Investment in a diversified portfolio of equity and equity related instruments, fixed income instruments & gold exchange traded fundsAXIS REGULAR SAVER FUND (An open ended hybrid scheme investing predominantly in debt instruments) This product is suitable for investors who are seeking*l Capital appreciation while generating income over medium to long term l Investment in debt and money market instruments as well as equity and equity related instrumentsAXIS GOLD ETF (An open ended scheme replicating/tracking Domestic Price of Gold) This product is suitable for investors who are seeking* l Capital Appreciation over medium to long terml Invests predominantly in gold in order to generate returns similar to the performance of gold, subject to tracking errorAXIS GOLD FUND (An open ended fund of fund scheme investing in Axis Gold ETF) This product is suitable for investors who are seeking*l Capital Appreciation over medium to long terml Invests predominantly in Axis Gold ETF in order to generate returns similar to the underlying fund, subject to tracking errorAXIS EQUITY SAVER FUND (An Open Ended Scheme Investing In Equity, Arbitrage And Debt) This product is suitable for investors who are seeking* l Capital Appreciation while generating income over medium to long terml Provide capiltal appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities and investments in debt and money market instrumentsAXIS CHILDREN’S GIFT FUND (An open ended fund for investment for children, having a lock-in of 5 years or till the child attains age of majority (whichever is earlier)) This product is suitable for investors who are seeking*l Capital appreciation & generating income over long terml Investment in debt and money market instruments as well as equity and equity related instruments AXIS DYNAMIC EQUITY FUND (An open ended dynamic assetallocation fund) This product is suitable for investors who are seeking* l Capital appreciation & generating income over medium to long terml Investment in equity and equity related instruments as well as debt and money market instruments while managing risk through active asset allocationAXIS NIFTY ETF (An open ended Scheme replicating/ tracking Nifty 50 Index) This product is suitable for investors who are seeking* l Capital appreciation over medium to long terml Investments in Equity & Equity related instruments covered by Nifty 50 IndexAXIS EQUITY HYBRID FUND (An open-ended hybrid scheme investing predominantly in equity and equity related instruments) This product is suitable for investors who are seeking* l Capital appreciation along with generation of income over medium to long term. l Investment in equity and equity related instruments as well as debt and money market instruments.AXIS SMALL CAP FUND (An open ended equity scheme predominantly investing in small cap stocks) This product is suitable for investors who are seeking* l Capital appreciation over long term. l investment in a diversified portfolio predominantly consisting of equity and equity related instruments of small cap companies.AXIS GROWTH OPPORTUNITIES FUND (An Open-ended Equity Scheme investing in both large cap and mid cap stocks) This product is suitable for investors who are seeking* l Capital appreciation over long term. l investment in a diversified portfolio predominantly consisting of equity and equity related instruments both in India as well as overseas.AXIS EQUITY ADVANTAGE FUND SERIES 1 (A close-ended Equity Scheme) This product is suitable for investors who are seeking* l Capital appreciation over medium to long term. l Investment in a diversified portfolio of predominantly equity and equity related instruments across market cap while managing risk through active hedging strategiesAXIS EQUITY ADVANTAGE FUND SERIES 2 (A close-ended Equity Scheme) This product is suitable for investors who are seeking* l Capital appreciation over medium to long terml Investment in a diversified portfolio of predominantly equity and equity related instruments across market cap while managing risk through active hedging strategiesAXIS EMERGING OPPORTUNITIES FUND – SERIES 1 (1400 DAYS) (A close-ended Equity Scheme) This product is suitable for investors who are seeking* l Capital appreciation over long terml Investment in a diversified portfolio of equity and equity related instruments of midcap companies.AXIS EMERGING OPPORTUNITIES FUND – SERIES 2 (1400 DAYS) (A close-ended Equity Scheme) This product is suitable for investors who are seeking* l Capital appreciation over long terml Investment in a diversified portfolio of equity and equity related instruments of midcap companies.AXIS CAPITAL BUILDER FUND – SERIES 4 (1582 DAYS) (A close ended equity scheme investing across large caps, mid caps and small cap stocks) This product is suitable for investors who are seeking* l Capital appreciation over long terml Investment in a diversified portfolio of predominantly equity and equity related instruments across market capitalisation.AXIS CAPITAL BUILDER FUND – SERIES 1 (1540 DAYS) (A close ended equity scheme investing across large caps, mid caps and small cap stocks) This product is suitable for investors who are seeking* l Capital appreciation over long terml Investment in a diversified portfolio of predominantly equity and equity related instruments across market capitalisation.AXIS HYBRID FUND – SERIES 5 (42 months close ended debt scheme) This product is suitable for investors who are seeking* l Capital appreciation while generating income over medium to long terml Investment in debt and money market instruments as well as equity and equity related instruments.AXIS HYBRID FUND – SERIES 6 (42 months close ended debt scheme) This product is suitable for investors who are seeking* l Capital appreciation while generating income over medium to long terml Investment in debt and money market instruments as well as equity and equity related instrumentsAXIS HYBRID FUND – SERIES 7 (42 months close ended debt scheme) This product is suitable for investors who are seeking* l Capital appreciation while generating income over medium to long terml Investment in debt and money market instruments as well as equity and equity related instruments AXIS HYBRID FUND – SERIES 27(1351 days close ended debt scheme) This product is suitable for investors who are seeking* l Capital appreciation while generating income over medium to long term l Investment in debt and money market instruments as well as equity and equity related instrumentsAXIS HYBRID FUND – SERIES 28 (1331 days close ended debt scheme) This product is suitable for investors who are seeking* l Capital appreciation while generating income over medium to long term l Investment in debt and money market instruments as well as equity and equity related instruments AXIS HYBRID FUND – SERIES 29 (1275 days close ended debt scheme) This product is suitable for investors who are seeking* l Capital appreciation while generating income over medium to long term l Investment in debt and money market instruments as well as equity and equity related instruments

Riskometer

Investors understand that their principal will beat moderately high risk

LOW HIGH

Moderate ModeratelyHighModerately

Low

HighLow

47

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them

PRODUCT LABELLINGAXIS HYBRID FUND – SERIES 30 (1297 days close ended debt scheme) This product is suitable for investors who are seeking* l Capital appreciation while generating income over medium to long term l Investment in debt and money market instruments as well as equity and equity related instruments AXIS HYBRID FUND – SERIES 31 (1381 days close ended debt scheme) This product is suitable for investors who are seeking* l Capital appreciation while generating income over medium to long term l Investment in debt and money market instruments as well as equity and equity related instruments AXIS HYBRID FUND – SERIES 33 (1358 days close ended debt scheme) This product is suitable for investors who are seeking* l Capital appreciation while generating income over medium to long term l Investment in debt and money market instruments as well as equity and equity related instruments AXIS HYBRID FUND – SERIES 35 (1359 days close ended debt scheme) This product is suitable for investors who are seeking* l Capital appreciation while generating income over medium to long term l Investment in debt and money market instruments as well as equity and equity related instruments AXIS CAPITAL PROTECTION ORIENTED FUND - SERIES 5 (A Close Ended Capital Protection Oriented Fund scheme) This product is suitable for investors who are seeking* l Capital appreciation with low risk of capital loss over long term l Investment in debt and money market instruments as well as equity and equity related instrumentsAXIS GILT FUND (An open ended debt scheme investing in government securities across maturity) This product is suitable for investors who are seeking*l Credit risk free returns over medium to long terml Investment mainly in Government securities across maturities AXIS DYNAMIC BOND FUND (An open ended dynamic debt scheme investing across duration) This product is suitable for investors who are seeking*l Optimal returns over medium to long terml To generate stable returns while maintaining liquidity through active management of a portfolio of debt and money market instrumentsAXIS CORPORATE DEBT FUND (An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds) This product is suitable for investors who are seeking* l Regular income over short to medium - terml Predominantly investing in corporate debtAXIS STRATEGIC BOND FUND (An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 years to 4 years)This product is suitable for investors who are seeking* l Optimal returns over medium terml Investment in diversified portfolio of debt and money market securities to generate optimal risk adjusted returns while maintaining liquidityAXIS ARBITRAGE FUND (An open ended scheme investing in arbitrage opportunities) This product is suitable for investors who are seeking* l Income over short to medium terml Investment in arbitrage opportunities in the cash & derivatives segment of the equity market AXIS CREDIT RISK FUND (An open ended debt scheme predominantly investing in AA and below rated corporate bonds (excluding AA+ rated corporate bonds) This product is suitable for investors who are seeking* l Stable returns in the short to medium terml Investment in debt and money market instruments across the yield curve and credit spectrum AXIS SHORT TERM FUND (An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year to 3 years)This product is suitable for investors who are seeking* l Regular income while maintaining liquidity over short term l Investment in debt and money market instrumentsAXIS BANKING & PSU DEBT FUND (An open ended debt scheme predominantly investing in debt instruments of Banks, Public Sector Undertakings & Public Financial Institutions)This product is suitable for investors who are seeking*l Regular income over short to medium terml Investment in debt and money market instruments issued by banks, PFIs & PSUs AXIS TREASURY ADVANTAGE FUND (An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 to 12 months)This product is suitable for investors who are seeking* l Regular income over short terml Investment in debt and money market instrumentsAXIS ULTRA SHORT TERM FUND (An open ended ultra-short term debt scheme investing in instruments such that the Macaulayduration of the portfolio is between 3 months and 6 months)This product is suitable for investors who are seeking* l Regular income over short terml Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.AXIS LIQUID FUND (An open ended liquid scheme)This product is suitable for investors who are seeking*l Regular income over short terml Investment in debt and money market instruments

AXIS OVERNIGHT FUND (An open-ended debt scheme investing in overnight securities)This product is suitable for investors who are seeking*l Regular income with high levels of safety and liquidity over short term.l Investment in debt and money market instruments with overnight maturity

Riskometer

Investors understand that their principal will beat moderately low risk

LOW HIGH


Low

HighLow

Riskometer

Investors understand that their principal will beat low risk

LOW HIGH


Low

HighLow

Riskometer

Investors understand that their principal will beat moderate risk

LOW HIGH


Low

HighLow

Riskometer

Investors understand that their principal will beat moderately high risk

LOW HIGH


Low

HighLow

mutual funds investment planning - mutual funds online ... factsheet a… · titan company limited...

Documents