MONTHLY FACTSHEET - JUNE 2018 Factsheet June 2018.pdf · Fixed Income Outlook 12 Axis Liquid Fund...

MONTHLY FACTSHEET - JUNE 2018

I N D E X

How To Read A Factsheet

Equity Funds

Debt Funds

Hybrid Funds

NAV’s

Load Structure And Minimum Investment Amount

Annexures

Expense Ratios

Product Labeling

5

Equity Outlook 6Axis Bluechip Fund 7Axis Focused 25 Fund 8Axis Midcap Fund 9Axis Long Term Equity Fund 10

Fixed Income Outlook 12Axis Liquid Fund 13

Axis Dynamic Bond Fund 16

Axis Strategic Bond Fund 18Axis Credit Risk Fund 19

Axis Banking and PSU Debt Fund 21

Axis Equity Saver Fund 23

Axis Regular Saver Fund 25Axis Children’s Gift Fund 26Axis Triple Advantage Fund 27

30

31

32

34

35

Axis Treasury Advantage Fund 14Axis Short Term Fund 15

Axis Gilt Fund 20

29SIP Performance Of Selected Schemes

Tax Reckoner 2

Axis Corporate Debt Fund 17

Axis Dynamic Equity Fund 24

Hybrid Outlook 22

Axis Multicap Fund 11

Axis Arbitrage Fund 28

EQUITYJ U L Y 2 0 1 8

12.5%

-0.2%

12.9%

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.

DOMESTIC

CORPORATE

Global geo politics, and a global risk off trade continued to weigh on markets during the month. The S&P BSE Sensex and NIFTY 50 remained flat for the 2nd month in a row. NIFTY Midcap 100 and NIFTY Smallcap 100 indices continued to underperform large caps significantly falling 3.8% and 8.3% respectively. FPIs continued to remain net sellers this month. With this total outflow from equity and debt markets for the calendar year stand as at Rs 48,000 Cr.

Crude prices continue to remain elevated. The Indian crude basket for the month stood at US$76.4/barrel. US sanctions on Iran, one of India`s primary oil suppliers, is likely to further complicate matters further. USD-INR depreciated to an all-time low of Rs 69/US$ in June 2018.

CPI inflation inched up to 4.87% in May V/s 4.58% in April. Core inflation inched up marginally to 5.73% as well. The risks to the inflation outlook would be a further sharp rise in oil prices and the impact of potential minimum support price hikes for the kharif (summer) crop. However, these risks could be mitigated by still moderate rural and urban wage growth and the currently low (though increasing) levels of capacity utilization.

The central government’s fiscal deficit in Apr-May reached 55% of the budgeted target. This is better than the 63% reached in Apr-May of last year. To recall, from last year, the budget announcement has been advanced by 1 month leading to early spending and the first two months’ expenditure increasing from ~15% of budgeted to ~20%. June GST collection numbers stood at a healthy Rs. 95,610 Cr.

During the month US renewed trade war fears by imposing multiple trade tariffs on imports from China and a slew of other countries including India. In response several countries imposed counter tariffs in retaliation.

Rural and consumption stories continue to remain attractive with a long term perspective. Our investment focus continues to remain quality centric. This approach has softened the impact of volatile markets on our equity portfolios. Going-forward, we continue to expect elevated volatility levels in the equity markets and hence advise investors to look at equity allocations from a medium to long term investment horizon. Systematic investments into equity products could also help investors ride out short term volatility.

GLOBAL

6

Source: Bloomberg, Axis MF Research.

Please refer to page no 30, 32-33, 34-35 for NAV, TER, Riskometer & Statutory Details.

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.

PORTFOLIO

% OF ASSETS

BANKS 22.98

HDFC Bank Limited 9.76

Kotak Mahindra Bank Limited 8.12

Bandhan Bank Limited 2.59

IndusInd Bank Limited 2.51

FINANCE 13.86

HDFC Limited 6.82

Bajaj Finance Limited 5.86

Bajaj Finserv Limited 1.18

CONSUMER NON DURABLES 9.40

Britannia Industries Limited 3.59

Hindustan Unilever Limited 3.49

Asian Paints Limited 2.32

AUTO 8.73

Maruti Suzuki India Limited 5.14

Mahindra & Mahindra Limited 1.85

Eicher Motors Limited 0.97

Ashok Leyland Limited 0.77

SOFTWARE 8.64

Tata Consultancy Services Limited 6.12

Infosys Limited 2.52

AUTO ANCILLARIES 3.21

Motherson Sumi Systems Limited 1.39

Endurance Technologies Limited 1.03

MRF Limited 0.79

CONSTRUCTION PROJECT 2.77

Larsen & Toubro Limited 2.77

TEXTILE PRODUCTS 2.73

Page Industries Limited 2.73

RETAILING 2.70

Avenue Supermarts Limited 2.70

OTHERS 9.22

Petroleum Products 2.68

Reliance Industries Limited 2.68

Pharmaceuticals 1.90

Sun Pharmaceutical Industries Limited 1.40

Divi's Laboratories Limited 0.51

Chemicals 1.79

Pidilite Industries Limited 1.79

Consumer Durables 1.14

Titan Company Limited 1.14

Non - Ferrous Metals 0.88

Hindalco Industries Limited 0.88

Cement 0.84

Shree Cement Limited 0.84

Total Equity 84.23

Debt, Cash & Other Receivables 15.77

Net Assets 100%

Banks 22.98 Finance 13.86

Consumer Non Durables

9.40

Auto 8.73 Software 8.64

Auto Ancillaries 3.21 Construction

Project2.77

Textile Products 2.73

Retailing 2.70

Others 9.22

DATE OF ALLOTMENT

5thJanuary 2010

MONTHLY AVERAGE

2,140.66 Cr.

AS ON 30th JUNE’18

2,233.50 Cr.

BENCHMARK

Nifty 50

STATISTICAL MEASURES(3 YEARS)

Standard Deviation - 12.57%

Beta - 0.87

Sharpe Ratio** - 0.45

PORTFOLIOTURNOVER* (1 YEAR)

1.81 times

FUND MANAGER

Mr. ShreyashDevalkar

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

23rd November 2016

SECTORALLOCATION

(%)

AXIS BLUECHIP FUND£ (FORMERLY KNOWN AS AXIS EQUITY FUND)(An Open-Ended Equity Scheme Predominantly Investing In Large Cap Stocks)

FACTSHEETJUNE 2018

7

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

EXIT LOAD

**Risk-free rate assumed to be 6.25% (MIBOR as on 29-6-18) - 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 JUNE 2018.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.£ Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Scheme, there has been change in the fundamental attribute(s) of the aforesaid scheme effective from May 18, 2018.

PERFORMANCE (as on 29th June 2018)

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. Data as on 30th JUNE 2018.

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 21.88% 12,188 11.92% 14,021 16.58% 21,549 12.48% 27,13005-Jan-10Nifty 50 (Benchmark) 14.09% 11,409 10.00% 13,309 14.28% 19,507 10.04% 22,517

S&P BSE Sensex (Additional Benchmark) 16.21% 11,621 9.90% 13,275 14.36% 19,572 10.14% 22,690Axis Bluechip Fund - Direct Plan -Growth 23.59% 12,359 13.22% 14,515 17.88% 22,786 17.01% 23,703

01-Jan-13Nifty 50 (Benchmark) 14.09% 11,409 10.00% 13,309 14.28% 19,507 12.70% 19,284S&P BSE Sensex (Additional Benchmark) 16.21% 11,621 9.90% 13,275 14.36% 19,572 13.01% 19,578Past 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 32 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance of the scheme is benchmarked to the Total Return variant of the Benchmark Index (TRI) in terms of SEBI circular dated Jan. 4, 18.


Finance 20.52

Banks 20.39

Software 12.24

Auto Ancillaries 6.60 Auto 5.16


Industrial Products

4.18

Cement 4.03


Others 6.77

DATE OF ALLOTMENT

29th June 2012MONTHLY AVERAGE

4,463.87 Cr.


4,723.67 Cr.

BENCHMARK

Nifty 50



Beta - 1.01



1.19 times

FUND MANAGER

Mr. Jinesh Gopani Work experience:17 years.

He has been managing this fund since 07th June 2016

SECTORALLOCATION

(%)

PORTFOLIO

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)

EXIT LOAD

8

FACTSHEETJUNE 2018


**Risk-free rate assumed to be 6.25% (MIBOR as on 29-6-18) - 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 JUNE 2018.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.

% OF ASSETS

FINANCE 20.52


HDFC Limited 5.24


Gruh Finance Limited 3.08

HDFC Standard Life Insurance Company Limited

2.01

BANKS 20.39




SOFTWARE 12.24


MindTree Limited 3.16

Info Edge (India) Limited 2.25




WABCO India Limited 1.86

AUTO 5.16


PHARMACEUTICALS 4.46


Cadila Healthcare Limited 1.40

Sun Pharma Advanced Research Company Limited 0.70

INDUSTRIAL PRODUCTS 4.18

Supreme Industries Limited 4.18

CEMENT 4.03




OTHERS 6.77

Retailing 2.67


Chemicals 2.30


Industrial Capital Goods 1.80

V-Guard Industries Limited 1.80

Total Equity 87.46


Net Assets 100%

DIVIDENDS

Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

Others

Mar 08, 2018 2.00 2.00 19.47 17.47

DividendFeb 28, 2017 1.30 1.30 17.14 15.84Mar 10, 2016 1.00 1.00 14.56 13.56

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. Data as on 30th JUNE 2018.



CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Focused 25 Fund - Growth 19.60% 11,960 14.80% 15,130 18.75% 23,641 18.28% 27,40029-Jan-12Nifty 50 (Benchmark) 14.09% 11,409 10.00% 13,309 14.28% 19,507 13.91% 21,848

S&P BSE 200 (Additional Benchmark) 12.43% 11,243 11.07% 13,702 16.23% 21,226 15.25% 23,440Axis Focused 25 Fund - Direct Plan - Growth

20.96% 12,096 16.18% 15,681 20.18% 25,094 18.23% 25,09401-Jan-13

Nifty 50 (Benchmark) 14.09% 11,409 10.00% 13,309 14.28% 19,507 12.70% 19,284S&P BSE 200 (Additional Benchmark) 12.43% 11,243 11.07% 13,702 16.23% 21,226 13.79% 20,336Past 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 4 schemes of Axis Mutual Fund. Please refer to annexure on Page 32 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance of the scheme is benchmarked to the Total Return variant of the Benchmark Index (TRI) in terms of SEBI circular dated Jan. 4, 18.


PORTFOLIO

Finance 22.18 Auto Ancillaries 11.34 Industrial

Products9.58


8.15


Banks 5.07

Pharmaceuticals 4.80 Retailing 4.19

Industrial Capital Goods

3.23

Others 10.82

DATE OF ALLOTMENT

18th February 2011

MONTHLY AVERAGE

1,410.12 Cr.


1,396.19 Cr.

BENCHMARK

S&P BSE Midcap



Beta - 0.83



0.98 times

FUND MANAGER

Mr. Shreyash Devalkar

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

23rd November 2016

% OF ASSETS

FINANCE 22.18



Sundaram Finance Limited 3.86Cholamandalam Investment and Finance Company Limited

2.42

Mahindra & Mahindra Financial Services Limited 2.35

Mas Financial Services Limited 0.97



Balkrishna Industries Limited 2.24

Mrf Limited 2.12

Wabco India Limited 2.05




Astral Poly Technik Limited 3.35

Schaeffler India Limited 2.21

CONSUMER NON DURABLES 8.15Procter & Gamble Hygiene And Health Care Limited 2.84

Britannia Industries Limited 2.49

Kansai Nerolac Paints Limited 1.46

Colgate Palmolive (India) Limited 1.36



BANKS 5.07

City Union Bank Limited 5.07



Sanofi India Limited 1.37

Torrent Pharmaceuticals Limited 1.30

RETAILING 4.19


Trent Limited 1.24

INDUSTRIAL CAPITAL GOODS 3.23


OTHERS 10.82

Software 3.20


MphasiS Limited 1.20

Consumer Durables 2.99

TTK Prestige Limited 1.87

Symphony Limited 1.12

Gas 1.87

Indraprastha Gas Limited 1.87

Construction Project 1.76

Voltas Limited 1.76

Chemicals 1.00

Tata Chemicals Limited 1.00

Total Equity 85.17

Debt, Cash & Other Receivables^ 14.83

Net Assets 100%^Commercial Paper

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£)

EXIT LOAD

9

FACTSHEETJUNE 2018


**Risk-free rate assumed to be 6.25% (MIBOR as on 29-6-18) - 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 JUNE 2018.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered. £ 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.


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

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 15.80% 11,580 9.78% 13,230 22.93% 28,099 18.08% 34,00018-Feb-11S&P BSE Midcap (Benchmark) 6.37% 10,637 14.43% 14,985 22.50% 27,611 13.62% 25,615

Nifty 50 (Additional Benchmark) 14.09% 11,409 10.00% 13,309 14.28% 19,507 10.97% 21,526Axis Midcap Fund - Direct Plan - Growth 17.07% 11,707 11.04% 13,691 24.43% 29,860 19.41% 26,501

01-Jan-13S&P BSE Midcap (Benchmark) 6.37% 10,637 14.43% 14,985 22.50% 27,611 16.41% 23,036Nifty 50 (Additional Benchmark) 14.09% 11,409 10.00% 13,309 14.28% 19,507 12.70% 19,284Past 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 32 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance of the scheme is benchmarked to the Total Return variant of the Benchmark Index (TRI) in terms of SEBI circular dated Jan. 4, 18.


PORTFOLIO

Banks 20.89 Finance 19.85 Software 10.62 Auto 7.79 Auto Ancillaries 6.65 Chemicals 5.97

Pharmaceuticals 5.18 Consumer

Durables4.75

Retailing 4.08 Others 10.71

DATE OF ALLOTMENT

29th December 2009

MONTHLY AVERAGE

17,395.62 Cr.


17,299.43 Cr.

BENCHMARK

S&P BSE 200


Standard Deviation

- 12.37%

Beta - 0.84



1.16 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)

10

FACTSHEETJUNE 2018

NIL

EXIT LOAD

**Risk-free rate assumed to be 6.25% (MIBOR as on 29-6-18) - 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 JUNE 2018.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.

% OF ASSETS

BANKS 20.89




FINANCE 19.68

HDFC Limited 6.39



Sundaram Finance Limited 2.55

Multi Commodity Exchange of India Limited 0.70

Mas Financial Services Limited 0.57

SOFTWARE 10.62



AUTO 7.79







CHEMICALS 5.97






CONSUMER DURABLES 4.75

TTK Prestige Limited 2.72

Symphony Limited 2.03

RETAILING 4.08


OTHERS 11.23

Power 2.72

Torrent Power Limited 2.72

Construction Project 1.83


Industrial Products 1.41


Pesticides 1.36

PI Industries Limited 1.36



Commercial Services 0.86

Quess Corp Limited 0.86

Consumer Non Durables 0.70

Nestle India Limited 0.70

Industrial Capital Goods 0.64


Other Equity (less than 0.50% of the corpus) 0.52

Total Equity 96.51


Net Assets 100%



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Mar 22, 2018 2.50 2.50 23.0548 20.5548 1.50 1.50 35.6776 34.1776

Regular Dividend

Jan 31, 2017 2.23 2.23 21.1726 18.9426 - - - -Jan 25, 2016 2.25 2.25 21.2217 18.9717 - - - -Jan 22, 2015 2.00 2.00 24.2942 22.2942 - - - -


DIVIDENDS


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Long Term Equity Fund - Growth 17.47% 11,747 11.90% 14,012 23.67% 28,963 18.71% 43,00429-Dec-09S&P BSE 200 (Benchmark) 12.43% 11,243 11.07% 13,702 16.23% 21,226 10.79% 23,899

Nifty 50 (Additional Benchmark) 14.09% 11,409 10.00% 13,309 14.28% 19,507 10.24% 22,907Axis Long Term Equity Fund - Direct Plan - Growth

18.71% 11,871 13.12% 14,476 25.10% 30,683 22.67% 30,719

01-Jan-13S&P BSE 200 (Benchmark) 12.43% 11,243 11.07% 13,702 16.23% 21,226 13.79% 20,336Nifty 50 (Additional Benchmark) 14.09% 11,409 10.00% 13,309 14.28% 19,507 12.70% 19,284Past 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 4 schemes of Axis Mutual Fund. Please refer to annexure on Page 32 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance of the scheme is benchmarked to the Total Return variant of the Benchmark Index (TRI) in terms of SEBI circular dated Jan. 4, 18.


PORTFOLIO

Banks 20.57

Finance 10.10


9.93

Software 8.13

Auto 7.64

Auto Ancillaries 5.18

Retailing 3.16


Chemicals 2.59

Others 9.88

MONTHLY AVERAGE

2,537.79 Cr.


2,581.95 Cr.

BENCHMARK

Nifty 500 Index£

SECTORALLOCATION

(%)

AXIS MULTICAP FUND

11

FACTSHEETJUNE 2018

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

EXIT 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 (w.e.f. May 18, 2018)

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

Rating % OF ASSETSCORPORATE BOND 10.93Vodafone Mobile Services Limited CRISIL AA- 1.33India Infoline Finance Limited ICRA AA 1.20Power Grid Corporation of India Limited CRISIL AAA 1.17Piramal Housing Finance Limited ICRA AA 1.16Magma Fincorp Limited ICRA AA- 0.96ICICI Home Finance Company Limited ICRA AAA 0.94Reliance Jio Infocomm Limited CRISIL AAA 0.83Dewan Housing Finance Corporation Limited BWR AAA 0.76

Tata Sons Ltd CRISIL AAA 0.59Edelweiss Commodities Services Limited ICRA AA 0.58Cholamandalam Investment and Finance Company Limited IND AA+ 0.19

Edelweiss Commodities Services Limited CRISIL AA 0.08LIC Housing Finance Limited CRISIL AAA 0.19National Highways Auth Of Ind CRISIL AAA 0.19Power Finance Corporation Limited CRISIL AAA 0.38Rural Electrification Corporation Limited CRISIL AAA 0.39ZERO COUPON BOND 2.02Tata Motors Finance Limited CARE AA+ 1.66IDFC Bank Limited IND AA+ 0.36GOVERNMENT BOND SOVEREIGN 0.02TOTAL EQUITY 79.97BANKS 20.57HDFC Bank Limited 9.88Kotak Mahindra Bank Limited 7.80Bandhan Bank Limited 2.89FINANCE 10.10Bajaj Finance Limited 6.27HDFC Limited 1.44Bajaj Finserv Limited 0.94Multi Commodity Exchange of India Limited 0.82

Mas Financial Services Limited 0.63CONSUMER NON DURABLES 9.93Hindustan Unilever Limited 3.24Asian Paints Limited 3.02Britannia Industries Limited 2.07Kansai Nerolac Paints Limited 1.60SOFTWARE 7.69Tata Consultancy Services Limited 4.87Infosys Limited 1.71MphasiS Limited 1.11AUTO 7.64Maruti Suzuki India Limited 5.47Mahindra & Mahindra Limited 1.22Ashok Leyland Limited 0.95OTHERS 10.42Auto Ancillaries 5.08Motherson Sumi Systems Limited 2.61MRF Limited 1.89Varroc Engineering Limited 0.58Retailing 3.16Avenue Supermarts Limited 3.16Pharmaceuticals 2.79Divi's Laboratories Limited 1.71Sun Pharmaceutical Industries Limited 1.08Chemicals 2.59Pidilite Industries Limited 2.59Textile Products 2.42Page Industries Limited 2.42Construction Project 2.07Larsen & Toubro Limited 1.33Voltas Limited 0.74Industrial Capital Goods 1.29V-Guard Industries Limited 1.29Consumer Durables 1.02Titan Company Limited 1.02Petroleum Products 0.92Reliance Industries Limited 0.92Non - Ferrous Metals 0.92Hindalco Industries Limited 0.92Cement 0.78Shree Cement Limited 0.78Other Equity (less than 0.50% of the corpus) 0.99

Debt, Cash & Other Receivables^ 7.07Net Assets 100%^Certificate of Deposit

FIXEDINCOME

J U L Y 2 0 1 8

Key Events During the Month

Market View

•

•

•

•

•

RBI Policy & Minutes – In Line : In the recent bi-monthly monetary policy review meet the RBI decided to increase the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 6.25 per cent. The minutes of the June MPC meeting reinstated the cautious approach as reflected in the MPC policy. All members acknowledged that inflation uncertainty has increased and thus warrants a policy action. While most members believe food inflation has moderated, uncertainty around the MSP prices continues to linger.

Rising Crude – Inflationary Pressures likely : Crude prices continued to remain elevated. Rising oil prices have raised fears of inflation and fiscal slippage. If oil related excise duties are reduced, the deficit is likely widen. CPI inflation inched up to 4.87% in May V/s 4.58% in April. Core inflation inched up marginally to 5.73% as well.

Depreciating Currency : The USD-INR depreciated to an all-time low of Rs 69/US$ in June in line with other EM currencies. While the recent fall has been sharp, other EM currencies have seen a sharper deterioration over the last 5 years as compared to the INR which has remained largely stable. The recent fall has been consistent with the flight to safety seen around the world.

Government Finances – A Fiscal Worry? : The central government’s fiscal deficit in Apr-May reached 55% of the budgeted target. This is better than the 63% reached in Apr-May of last year. To recall, from last year, the budget announcement has been advanced by 1 month leading to early spending and the first two months’ expenditure increasing from ~15% of budgeted to ~20%. June GST collection numbers stood at a healthy Rs. 95,610 Cr.

Rate Hikes, Trade Wars 2.0 The global risk off trade : In global events, The US Fed raised its rates by 25 bps, indicating the possibility for two more hikes in CY2018. In a surprising move, the US imposed import tariffs on NAFTA countries and the EU in a sign of rising tensions between the US and its allies. The US also re-escalated trade tensions with China and cancelled the Iran deal creating further uncertainty in global markets. FPI`s have sold EM markets in a global risk off trade play. CYTD net outflows across domestic capital markets topped 48,000 Cr.

FPI`s continue to remain consistent sellers in bond markets for the last few months. The market in our view has priced in 50 basis rate hikes till March 2019. We do not foresee a significant rally on the back of lingering fiscal issues and poor demand supply dynamics. We continue to see long bonds trade in a narrow range and hence find limited opportunities in this space.

Banking liquidity continues to remain neutral. Core liquidity moved into deficit territory on the back of increasing currency in circulation and forex Intervention to stabilize the domestic currency markets. As a result, the RBI conducted OMO purchases during the month to infuse additional liquidity. RBI is expected to continue asset purchases in an attempt to maintain a neutral liquidity environment.

1-4 year corporate bonds currently offer significant opportunities on a risk adjusted basis as the risk of rate hikes are adequately priced in by the market and offer significant ‘carry cushion’. Further these bonds offer lower volatility as compared to their longer dated counterparts. Currently short bonds offer 200+ basis spreads over operative rates and hence remain conducive for investors on a risk reward basis.

and

10 YEAR G-SEC YIELD

7.90%

QUICK TAKE

CPI Inflation : Last 1 year

4.87%

1.46%

Repo : Last 1 year

6.25%

6.25%

10 yr G-Sec : Last 1 year

7.90%

6.56%

• The economy continues to stand on a solid macro foundation and political stability. Oil could play spoil s po r t . G loba l f a c t o r s currently playing a larger role in market sentiment.

• RBI policy and minutes in line. Markets have priced in 50 bps rate hikes till March 2019.

• We do not foresee a significant rally on the back of lingering fiscal issues and p o o r d e m a n d s u p p l y dynamics.

• Long bonds are likely to trade range bound. Short tenor bonds look attractive from a risk reward perspective.

• We continue to advise investors to stay invested in short to medium term strategies and actively look at credit funds.

12Source: Bloomberg, Axis MF Research.


PORTFOLIO

RATING % OF ASSETSTOTAL MONEY MARKET INSTRUMENTS^ 99.29BANKS 14.73

IDFC Bank Limited ICRA A1+ 4.84

The South Indian Bank Limited CARE A1+ 2.65

RBL Bank Limited ICRA A1+ 2.34

Yes Bank Limited ICRA A1+ 1.96

IndusInd Bank Limited CRISIL A1+ 1.05

Abu Dhabi Commercial Bank PJSC CRISIL A1+ 1.02

Export Import Bank of India CRISIL A1+ 0.85

Bandhan Bank Limited ICRA A1+ 0.04

OTHERS 77.20

NABARD ICRA A1+ 5.59

Dewan Housing Finance Corporation Limited CRISIL A1+ 4.63

Vedanta Limited CRISIL A1+ 3.71

HDFC Limited CRISIL A1+ 3.34

Piramal Enterprises Limited ICRA A1+ 3.34

SBI Cards & Payment Services Pvt Limited CRISIL A1+ 3.04

Reliance Jio Infocomm Limited CRISIL A1+ 2.70

Piramal Housing Finance Limited ICRA A1+ 2.49

Indiabulls Housing Finance Limited CRISIL A1+ 2.43

Edelweiss Commodities Services Limited CRISIL A1+ 2.31

Small Industries Dev Bank of India CARE A1+ 2.29

IIFL Securities Limited CRISIL A1+ 2.18

Hinduja Leyland Finance Limited CRISIL A1+ 2.18

NABARD CARE A1+ 2.16

CESC Limited CARE A1+ 2.06

Muthoot Finance Limited CRISIL A1+ 2.04

Reliance Industries Limited CRISIL A1+ 1.93

Indiabulls Commercial Credit Limited CRISIL A1+ 1.79

TVS Credit Services Limited CRISIL A1+ 1.79


Indus Towers Limited ICRA A1+ 1.54

Essel Mining And Industries Ltd ICRA A1+ 1.53

Tata Capital Financial Services Limited ICRA A1+ 1.32

IIFL Wealth Finance Limited CRISIL A1+ 1.30

Infina Finance Private Limited CRISIL A1+ 1.11

JM Financial Products Limited ICRA A1+ 1.03

IIFL Home Finance Limited CRISIL A1+ 1.02

IDFC Infrastructure Finance Limited ICRA A1+ 1.02

ECL Finance Limited CRISIL A1+ 1.02

RELIANCE Retail Ltd CARE A1+ 1.02

Trapti Trading & Invest Pvt Limited ICRA A1+ 0.77

ICICI Home Finance Company Limited ICRA A1+ 0.77

Aditya Birla Capital Limited CRISIL A1+ 0.77

India Infoline Finance Limited CRISIL A1+ 0.72

Talwandi Sabo Power Limited CRISIL A1+(SO) 0.72

HDFC Limited ICRA A1+ 0.67

Mahindra Rural Housing Finance IND A1+ 0.64

IndoStar Capital Finance Limited CRISIL A1+ 0.51

Adani Transmission Limited ICRA A1+ 0.51

TMF Holdings Limited ICRA A1+ 0.51

TGS Investment & Trade Pvt Limited ICRA A1+ 0.51

Aditya Birla Fashion and Retail Limited CRISIL A1+ 0.51

SRF Limited CRISIL A1+ 0.51Cholamandalam Investment and Finance Company Limited ICRA A1+ 0.51

TV Sundram Iyengar & Sons Pvt Ltd ICRA A1+ 0.51

LIC Housing Finance Limited CRISIL A1+ 0.46

Varroc Engineering Limited ICRA A1+ 0.42

Aditya Birla Fashion and Retail Limited ICRA A1+ 0.39

Renew Power Limited CARE A1+ 0.36

JM Financial Services Limited CRISIL A1+ 0.26

Turquoise Invest & Finance Pvt Limited CRISIL A1+ 0.13

Rural Electrification Corporation Limited CRISIL A1+ 0.13

JM Financial Services Limited ICRA A1+ 0.10

Aditya Birla Finance Limited ICRA A1+ 0.05

Edelweiss Commodities Services Limited ICRA A1+ 0.03

Tata Steel Limited ICRA A1+ 0.03

L&T Infrastructure Finance Company Limited ICRA A1+ 0.03

Piramal Housing Finance Limited CRISIL A1+ 0.03

TREASURY BILL 7.37

70 Days CMB SOVEREIGN 5.05

91 Days Tbill SOVEREIGN 2.30

45 Days CMB SOVEREIGN 0.01

TOTAL DEBT 2.52

Corporate Bond 2.46

LIC Housing Finance Limited CRISIL AAA 1.45

Daimler Financial Services India Pvt Limited IND AAA 0.26

Nirma Limited CRISIL AA 0.26

JM Financial Products Limited CRISIL AA 0.22

Indiabulls Housing Finance Limited ICRA AAA 0.18

Power Finance Corporation Limited CRISIL AAA 0.10

ZERO COUPON BOND 0.06

Edelweiss Commodities Services Limited CARE AA 0.06

NET CURRENT ASSETS -1.81

NET ASSETS 100%

^Certificate of Deposit/Commercial Paper/Treasury Bill Aggregate Investments by other schemes as on June 30th, 2018 Rs. NIL

DATE OF ALLOTMENT

9th October 2009MONTHLY AVERAGE

23,695.42 Cr.


19,307.73 Cr.

BENCHMARK

CRISIL Liquid Fund Index

AVERAGE MATURITY*

46 daysMODIFIED DURATION*

43 daysPORTFOLIO YIELD (YIELD TO MATURITY&)

7.54%

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

Total Money Market Instruments* - 97.48% Corporate Bond - 2.46% Zero Coupon Bond - 0.06%

CARE A1+/ CRISIL A1+/ CRISIL A1+(SO)/ ICRA A1+/ IND A1+/ CRISIL AAA/ ICRA AAA/ IND AAA/ & Equivalent - 92.10% SOV - 7.37% CARE AA/ CRISIL AA - 0.54%

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

* Includes Net Current Assets

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)

NIL

EXIT LOAD

13

^^

FACTSHEETJUNE 2018

* 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.


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)

Individu-als/ HUF

OthersIndividuals/

HUFOth-ers

Individuals/ HUF

Others

Monthly Dividend

Jun 25, 2018 4.5501 4.2134 1,007.1910 1,000.8742 4.1465 3.8782 1,006.0952 1,000.2810 4.5829 4.2438 1,006.6432 1,000.2808May 25, 2018 3.9472 3.6551 1,006.3540 1,000.8742 3.5870 3.3381 1,005.2856 1,000.2810 3.9787 3.6843 1,005.8043 1,000.2808Apr 25, 2018 4.4821 4.1504 1,007.0966 1,000.8742 4.2408 3.9412 1,006.1894 1,000.2810 4.6287 4.2862 1,006.7067 1,000.2808

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 ` 1000. 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 Liquid Fund - Growth 6.97% 10,697 7.32% 12,362 8.04% 14,726 7.98% 19,547

09-Oct-09CRISIL Liquid Fund Index (Benchmark) 7.01% 10,701 7.25% 12,338 8.03% 14,719 7.64% 19,010CRISIL 1 Year T-Bill Index (Additional Benchmark)

5.80% 10,580 6.66% 12,135 6.89% 13,953 6.46% 17,276

Axis Liquid Fund - Direct Plan - Growth 7.03% 10,703 7.39% 12,387 8.12% 14,776 8.18% 15,412

31-Dec-12CRISIL Liquid Fund Index (Benchmark) 7.01% 10,701 7.25% 12,338 8.03% 14,719 8.06% 15,312CRISIL 1 Year T-Bill Index (Additional Benchmark)

5.80% 10,580 6.66% 12,135 6.89% 13,953 7.02% 14,518

Axis Liquid Fund - Retail - Growth 6.35% 10,635 6.74% 12,162 7.48% 14,344 7.68% 18,532

01-Mar-10CRISIL Liquid Fund Index (Benchmark) 7.01% 10,701 7.25% 12,338 8.03% 14,719 7.86% 18,797CRISIL 1 Year T-Bill Index (Additional Benchmark)

5.80% 10,580 6.66% 12,135 6.89% 13,953 6.65% 17,104

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 32 schemes & Aditya Pagaria is managing the scheme since 13th August 2016 and he manages 4 schemes. Please refer to annexure on Page 32-33 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).


PORTFOLIO

RATING % OF ASSETS

TOTAL MONEY MARKET INSTRUMENTS^ 41.35

BANKS 20.76

HDFC Bank Limited CARE A1+ 9.17

Yes Bank Limited ICRA A1+ 6.70


Small Industries Dev Bank of India CRISIL A1+ 1.09

OTHERS 20.59

Adani Ports and Special Economic Zone Limited ICRA A1+ 4.50



Edelweiss Commodities Services Limited CRISIL A1+ 3.15




Piramal Enterprises Limited ICRA A1+ 0.53

NABARD ICRA A1+ 0.23

L&T Infrastructure Finance Company Limited ICRA A1+ 0.09


PASS THROUGH CERTIFICATE 1.04

Rainbow Devices Trust ICRA AAA(SO) 0.83

Sansar Trust ICRA AAA(SO) 0.21

TOTAL DEBT 49.00

CORPORATE BOND 42.09


Citicorp Finance India Limited ICRA AAA 5.72

Piramal Housing Finance Limited ICRA AA 3.43

NABARD CRISIL AAA 3.43

Reliance Jio Infocomm Limited CRISIL AAA 2.86


Hinduja Leyland Finance Limited CARE AA- 2.30

Indiabulls Housing Finance Limited BWR AAA 1.46

Muthoot Finance Limited CRISIL AA 1.45

India Infoline Finance Limited ICRA AA 1.37

Small Industries Dev Bank of India CARE AAA 1.23

HDFC Limited CRISIL AAA 1.18

Edelweiss Commodities Services Limited CRISIL AA 1.13

Mahindra Rural Housing Finance IND AA+ 1.10

NHPC Limited ICRA AAA 0.89

Rural Electrification Corporation Limited CRISIL AAA 0.84

Adani Transmission Limited IND AA+ 0.69

Indian Railway Finance Corporation Limited CRISIL AAA 0.55

Power Grid Corporation of India Limited CRISIL AAA 0.46

Dewan Housing Finance Corporation Limited BWR AAA 0.23


Dewan Housing Finance Corporation Limited CARE AAA 4.46

TMF Holdings Limited CRISIL AA 1.27


IDFC Bank Limited IND AA+ 0.56

NET CURRENT ASSETS 8.61

NET ASSETS 100%

^Certificate of Deposit/Commercial Paper

DATE OF ALLOTMENT

9th October 2009MONTHLY AVERAGE

2,205.75 Cr.


2,185.43 Cr.

BENCHMARK

CRISIL Liquid Fund Index

AVERAGE MATURITY*

275 daysMODIFIED DURATION

*


8.07%


He has been managing this fund since07th June 2016.



FUND MANAGER

Total Money Market Instruments* - 49.96% Corporate Bond - 42.09% Zero Coupon Bond - 6.91% Pass Through Certificate - 1.04%

CARE A1+/ CRISIL A1+/ ICRA A1+/ BWR AAA/ CARE AAA/ CRISIL AAA/ ICRA AAA/ ICRA AAA(SO) & Equivalent - 86.07% CRISIL AA/ ICRA AA - 9.28% IND AA+ - 2.35% CARE AA- 2.30%



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)

NIL

EXIT LOAD

14

FACTSHEETJUNE 2018

* 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.


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/

HUFOthers

Individu-als/ HUF

OthersIndi-

viduals/ HUF

Others

Monthly Dividend

Jun 25, 2018 5.8697 5.4354 1,013.6002 1,005.4514 5.8674 5.4354 1,013.5970 1,005.4482 6.1991 5.7403 1,014.0590 1,005.4530May 25, 2018 1.4929 1.3825 1,007.5240 1,005.4514 1.4906 1.3820 1,007.5202 1,005.4482 1.8092 1.6755 1,007.9650 1,005.4530Apr 25, 2018 3.9278 3.6371 1,010.9042 1,005.4514 3.9285 3.6365 1,010.9001 1,005.4482 4.2418 3.9278 1,011.3416 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 6.36% 10,636 7.40% 12,390 8.04% 14,724 8.03% 19,62809-Oct-09CRISIL Liquid Fund Index (Benchmark) 6.99% 10,699 7.25% 12,335 8.02% 14,716 7.64% 19,006

CRISIL 1 Year T-Bill (Additional Benchmark) 5.78% 10,578 6.66% 12,133 6.88% 13,951 6.46% 17,272Axis Treasury Advantage Fund - Direct Plan - Growth

6.97% 10,697 7.90% 12,563 8.53% 15,067 8.60% 15,735

01-Jan-13CRISIL Liquid Fund Index (Benchmark) 6.99% 10,699 7.25% 12,335 8.02% 14,716 8.06% 15,306CRISIL 1 Year T-Bill (Additional Benchmark) 5.78% 10,578 6.66% 12,133 6.88% 13,951 7.01% 14,509Axis Treasury Advantage Fund - Retail - Growth

5.94% 10,594 6.84% 12,194 7.39% 14,289 7.57% 18,368

03-Mar-10CRISIL Liquid Fund Index (Benchmark) 6.99% 10,699 7.25% 12,335 8.02% 14,716 7.86% 18,782CRISIL 1 Year T-Bill (Additional Benchmark) 5.78% 10,578 6.66% 12,133 6.88% 13,951 6.65% 17,098Past 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 32 schemes & Aditya Pagaria is managing the scheme since 13th August 2016 and he manages 4 schemes. Please refer to annexure on 32-33 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).


PORTFOLIO

DATE OF ALLOTMENT

22nd January 2010

MONTHLY AVERAGE

5,612.38 Cr.


5,350.18 Cr.

BENCHMARK

CRISIL Short Term Bond Fund

Index

AVERAGE MATURITY*

2 yearsMODIFIED DURATION

*

1.6 yearsPORTFOLIO YIELD (YIELD TO MATURITY&)

8.47%



FUND MANAGER

Corporate Bond - 73.86% Government Bond - 9.13% Total Money Market Instruments* - 8.75% State Government Bond - 3.70% Zero Coupon Bond - 3.21% Pass Through Certificate - 1.35%



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)

NIL

EXIT LOAD

15

CARE A1+/ CRISIL A1+/ CRISIL A1+(SO)/ ICRA A1+/ BWR AAA/ CARE AAA/

CRISIL AAA/ CRISIL AAA(SO)/ ICRA AAA/ ICRA AAA(SO)/ IND AAA & Equivalent - 78.37%

SOV - 12.83% CARE AA+/ CRISIL AA+/ ICRA AA+/ IND AA+ - 6.40%

CRISIL AA - 2.40%

RATING % OF ASSETSTOTAL DEBT 89.91









Tata Sons Ltd CRISIL AAA 3.14




NABARD IND AAA 1.49

Mahindra & Mahindra Financial Services Limited IND AAA 1.48

Cholamandalam Investment and Finance Company Limited

ICRA AA+ 1.40

Tata Capital Financial Services Limited CRISIL AA+ 1.39



Reliance Utilities & Power Pvt Limited CRISIL AAA 0.95

HDB Financial Services Limited CRISIL AAA 0.93

L&T Housing Finance CARE AAA 0.92



Gruh Finance Limited CRISIL AAA 0.73



Oriental Nagpur Betul Highway Limited CRISIL AAA(SO) 0.65

Tata Capital Financial Services Limited ICRA AA+ 0.59

Food Corporation Of India CRISIL AAA(SO) 0.54

Reliance Industries Limited CRISIL AAA 0.53

Daimler Financial Services India Pvt Limited IND AAA 0.47

Tata Motors Limited CARE AA+ 0.46

LIC Housing Finance Limited CARE AAA 0.46

Mahindra Rural Housing Finance CRISIL AA+ 0.46

East West Pipeline Limited CRISIL AAA 0.29


L&T Infrastructure Finance Company Limited CARE AAA 0.28

National Highways Auth Of Ind CRISIL AAA 0.27

Bajaj Finance Limited CARE AAA 0.20


Tube Investments of India Limited CRISIL AA 0.18

Bhopal Dhule Transmission Company Limited CRISIL AAA 0.18

Indiabulls Housing Finance Limited CARE AAA 0.10

Bharti Airtel Limited CRISIL AA+ 0.09

GOVERNMENT BOND SOVEREIGN 9.13

STATE GOVERNMENT BOND SOVEREIGN 3.70





Axis Finance Limited IND AAA 0.02

HDB Financial Services Limited CRISIL AAA 0.00


OTHERS 4.77


Indiabulls Housing Finance Limited ICRA A1+ 0.70

Dewan Housing Finance Corporation Limited CRISIL A1+ 0.52




Talwandi Sabo Power Limited CRISIL A1+(SO) 0.19


BANKS 1.15

YES Bank Limited ICRA A1+ 0.71

HDFC Bank Limited CARE A1+ 0.27

Small Industries Dev Bank of India CARE A1+ 0.09

IDFC Bank Limited ICRA A1+ 0.08


Rainbow Devices Trust ICRA AAA(SO) 1.35


NET ASSETS 100%

^Certificate of Deposit/Commercial Paper

FACTSHEETJUNE 2018

* 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.


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

Monthly Dividend

Jun 25, 2018 0.0418 0.0387 10.2070 10.1490 0.0432 0.0400 10.0750 10.0150 0.0455 0.0422 10.0791 10.0158May 25, 2018 0.0036 0.0034 10.1409 10.1358 0.0011 0.0010 10.0020 10.0004 0.0078 0.0072 10.0136 10.0027Apr 25, 2018 0.0243 0.0225 10.1767 10.1429 0.0239 0.0221 10.0416 10.0083 0.0281 0.0260 10.0488 10.0098


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 4.69% 10,469 7.34% 12,368 7.75% 14,532 7.87% 18,958

22-Jan-10CRISIL Short-Term Bond Fund Index (Benchmark)

4.63% 10,463 7.46% 12,411 8.14% 14,795 7.89% 18,981

CRISIL 1 Year T-Bill (Additional Benchmark) 5.78% 10,578 6.66% 12,133 6.88% 13,951 6.59% 17,139Axis Short Term Fund - Direct Plan - Growth

5.42% 10,542 8.14% 12,645 8.59% 15,109 8.69% 15,804


4.63% 10,463 7.46% 12,411 8.14% 14,795 8.25% 15,459

CRISIL 1 Year T-Bill (Additional Benchmark) 5.78% 10,578 6.66% 12,133 6.88% 13,951 7.01% 14,509Axis Short Term Fund - Retail - Growth 4.69% 10,469 7.34% 12,368 7.76% 14,537 7.83% 18,744

02-Mar-10CRISIL Short-Term Bond Fund Index (Benchmark)

4.63% 10,463 7.46% 12,411 8.14% 14,795 7.97% 18,942

CRISIL 1 Year T-Bill (Additional Benchmark) 5.78% 10,578 6.66% 12,133 6.88% 13,951 6.65% 17,098Past 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 32 schemes of Axis Mutual Fund. Please refer to annexure on Page 33 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).


PORTFOLIO

RATING % OF ASSETS

TOTAL DEBT 68.13




Union Bank of India BWR AA 5.00

Punjab National Bank IND A+ 5.00

Syndicate Bank IND AA- 3.71

Renew Power Limited CARE A+ 2.34

Tata Power Company Limited CRISIL AA- 1.95

India Infrastructure Fin Co Ltd CRISIL AAA 1.26

Suhani Trading And Investment Consultants Private Limited

BWR A+(SO) 0.47


REDUCED FACE VALUE BONDS - NON AMORTISATION 1.11

Ess Kay Fincorp Limited IND A(SO) 1.11



IIERT TRUST CRISIL AAA(SO) 3.67

Zenith Trust ICRA A-(SO) 1.97

Solstice Trust ICRA A+(SO) 1.05


NET ASSETS 100%

DATE OF ALLOTMENT

27th April 2011MONTHLY AVERAGE

213.88 Cr.


212.71 Cr.

BENCHMARK

CRISIL Composite Bond Fund Index

AVERAGE MATURITY*

3.3 yearsMODIFIED DURATION*


8.45%

Mr. R. SivakumarWork experience: 20 years.

He has been managing this fund since inception



FUND MANAGER

Government Bond - 33.40% Corporate Bond - 28.77% Total Money Market Instruments* - 19.82% Pass Through Certificate - 12.05% State Government Bond - 4.85% Reduced Face Value Bonds - Non Amortisation - 1.11%

CRISIL AAA/ CRISIL AAA(SO)/ ICRA AAA(SO) & Equivalent - 39.17% SOV- 38.25% BWR A+(SO)/ CARE A+/ ICRA A+(SO)/ IND A+ - 8.85% CRISIL AA-/ IND AA- - 5.66% BWR AA - 5.00% ICRA A-(SO) - 1.97% IND A(SO) - 1.11%



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)

16

FACTSHEETJUNE 2018

NIL

EXIT LOAD


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 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 11.2742Mar 27, 2017 0.3611 0.3346 11.2460 10.7460 0.3611 0.3346 11.8203 11.3203Sep 26, 2016 0.3611 0.3346 11.3942 10.8942 0.3611 0.3346 11.9017 11.4017

Quarterly DividendJun 25, 2018 - - - - 0.1800 0.1667 10.7399 10.4899Mar 26, 2018 - - - - 0.1805 0.1672 10.9742 10.7242Dec 26, 2017 0.1805 0.1672 10.3747 10.1247 0.1805 0.1672 11.0901 10.8401

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 1.19% 10,119 7.20% 12,320 7.19% 14,159 8.17% 17,566

27-Apr-11CRISIL Composite Bond Fund Index (Benchmark)

1.30% 10,130 7.56% 12,443 7.65% 14,459 8.16% 17,559

CRISIL 10 Year Gilt Index (Additional Benchmark)

-3.55% 9,645 5.83% 11,854 5.25% 12,921 6.28% 15,487

Axis Dynamic Bond Fund - Direct Plan - Growth

2.09% 10,209 8.25% 12,686 8.42% 14,985 8.97% 16,033

01-Jan-13CRISIL Composite Bond Fund Index (Benchmark)

1.30% 10,130 7.56% 12,443 7.65% 14,459 7.98% 15,245


-3.55% 9,645 5.83% 11,854 5.25% 12,921 5.96% 13,745

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. 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 6 schemes & Devang Shah is managing the schmes since 5th November 2012 and he manages 32 schemes. Please refer to annexure on Page 32&33 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).


PORTFOLIO

RATING % OF ASSETS

TOTAL DEBT 68.47


Rural Electrification Corporation Limited

CRISIL AAA 10.13



Dewan Housing Finance Corporation Limited

BWR AAA 6.28

Reliance Utilities & Power Pvt Limited

CRISIL AAA 4.84



Edelweiss Commodities Services Limited

CRISIL AA 3.47



BWR A+(SO) 2.08

Magma Fincorp Limited ICRA AA- 1.73











OTHERS 18.51


Northern Arc Capital Limited ICRA A1+ 5.13

IndoStar Capital Finance Limited CRISIL A1+ 3.25






MFL Securitisation Trust CRISIL AAA(SO) 0.95



NET ASSETS 100%

^Commercial Paper

DATE OF ALLOTMENT

13th July 2017MONTHLY AVERAGE

298.65 Cr.


286.20 Cr.

BENCHMARK

CRISIL Short Term Bond Fund Index

AVERAGE MATURITY*



8.71%

Corporate Bond - 64.33% Total Money Market Instruments* - 26.35% Pass Through Certificate - 5.18% Zero Coupon Bond - 3.31% Reduced Face Value Bonds - Non

Amortisation - 0.83%

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£(FORMERLY KNOWN AS AXIS CORPORATE DEBT OPPORTUNITIES FUND)

(An Open Ended Debt Scheme Predominantly Investing In AA+ And Above Rated Corporate Bonds£)

17


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

FUND MANAGER

EXIT LOAD

NIL

CRISIL A1+/ ICRA A1+/ BWR AAA/ CARE AAA/ CRISIL AAA/ CRISIL AAA(SO)/ ICRA AAA(SO) & Equivalent - 78.21% BWR A+(SO)/ CARE A+/ IND A+ - 6.89% CARE AA-/ ICRA AA-/ IND AA- - 4.86% CRISIL AA+/ IND AA+ 4.00% CRISIL AA - 3.47% ICRA A-(SO) - 1.75% IND A(SO) - 0.83%

COMPOSITION BY RATING (%)

FACTSHEETJUNE 2018

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


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Jun 25, 2018 0.0641 0.0593 10.1390 10.0500 0.0696 0.0644 10.1467 10.0500

Monthly Dividend

May 25, 2018 0.0145 0.0134 10.0701 10.0500 0.0198 0.0184 10.0776 10.0500

Apr 25, 2018 0.0411 0.0380 10.1071 10.0500 0.0459 0.0425 10.1138 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



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 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 11.1281Mar 27, 2017 0.3611 0.3346 11.3750 10.8750 0.3611 0.3346 11.5724 11.0724Sep 26, 2016 0.3611 0.3346 11.4980 10.9980 0.3611 0.3346 11.6564 11.1564

Quarterly Dividend Jun 25, 2018 0.1440 0.1334 10.3468 10.1468 0.1800 0.1667 11.0014 10.7514Mar 26, 2018 0.1805 0.1672 10.5370 10.2870 0.1805 0.1672 11.1669 10.9169Dec 26, 2017 0.1805 0.1672 10.6019 10.3519 0.1805 0.1672 11.2000 10.9500

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

1,463.93 Cr.


1,470.04 Cr.

BENCHMARK

CRISIL Composite Bond Fund Index

AVERAGE MATURITY*

2.2 yearsMODIFIED DURATION

*


9.34%

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

Corporate Bond - 75.48% Total Money Market Instruments* - 9.61% Pass Through Certificate - 8.89% Government Bond - 2.59% Reduced Face Value Bonds - Non Amortisation - 2.14% Zero Coupon Bond - 1.02% State Government Bond - 0.27%

CRISIL A1+/ BWR AAA/ CRISIL AAA/ CRISIL AAA(SO)/ ICRA AAA(SO)/ & Equivalent - 44.87% CARE AA/ CARE AA(SO)/ CRISIL AA/ ICRA AA/ BWR AA/ CRISIL AA(SO) - 21.90% BWR AA-(SO)/ CARE AA-/ CRISIL AA-/ ICRA AA-/ IND AA- -12.69% BWR A+(SO)/ CARE A+/ ICRA A+/ ICRA A+(SO)/ CARE A+(SO)/ IND A+/ CRISIL A+ - 10.36% CRISIL AA+/ ICRA AA+ - 4.74% SOV - 2.86% ICRA A-(SO) - 2.04% IND A(SO) - 0.54 %



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

18

(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£ (FORMERLY KNOWN AS AXIS REGULAR SAVINGS FUND)

EXIT LOADIf 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










IndoStar Capital Finance Limited CARE AA- 2.70

PVR Limited CRISIL AA- 2.67

Tube Investments of India Limited CRISIL AA 2.66



ICICI Bank Limited ICRA AA+ 2.00

Bhopal Dhule Transmission Company Limited CRISIL AAA 1.91Suhani Trading And Investment Consultants Private Limited

BWR A+(SO) 1.89



JK Lakshmi Cement Limited CARE AA 1.68

Vedanta Limited CRISIL AA 1.67



Bank of Baroda CARE AA 1.54


Vijaya Bank ICRA AA- 1.50

Vodafone Mobile Services Limited CRISIL AA- 1.39

Northern Arc Capital Limited ICRA A+ 1.35



Birla Corporation Limited ICRA AA 1.21

Dalmia Cement (Bharat) Limited ICRA AA 1.00



Talwandi Sabo Power Limited CRISIL AA(SO) 0.84


Edelweiss Commodities Services Limited ICRA AA 0.68

Gruh Finance Limited CRISIL AAA 0.66



Hansdeep Industries & Trading Company Limited CARE AA(SO) 0.49

ECL Finance Limited ICRA AA 0.34

JM Financial Products Limited ICRA AA 0.34

India Infoline Finance Limited ICRA AA 0.27

Tata Power Company Limited ICRA AA- 0.20

Hindalco Industries Limited CRISIL AA 0.14

Piramal Housing Finance Limited ICRA AA 0.14

GOVERNMENT BOND SOVEREIGN 2.59REDUCED FACE VALUE BONDS - NON AMORTISATION 2.14

Subros Limited ICRA A+ 0.80

Narmada Wind Energy Private Limited CARE A+(SO) 0.66


Asirvad Microfinance Ltd CRISIL A+ 0.14


Amri Hospitals Limited## BWR A+(SO) 0.80

Sprit Textile Pvt Limited BWR AA-(SO) 0.22



OTHERS 6.45











NET ASSETS 100%

^Commercial Paper/ ##Secured by shares of Zee Entertainment Enterprises Ltd

FACTSHEETJUNE 2018


* 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.


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Strategic Bond Fund - Growth 5.44% 10,544 8.56% 12,794 8.37% 14,956 8.87% 17,019

28-Mar-12CRISIL Composite Bond Fund Index (Benchmark)

1.30% 10,130 7.56% 12,443 7.65% 14,459 8.19% 16,369


-3.55% 9,645 5.83% 11,854 5.25% 12,921 6.71% 15,016

Axis Strategic Bond Fund - Direct Plan - Growth

6.20% 10,620 9.44% 13,107 9.33% 15,630 9.48% 16,426

07-Jan-13CRISIL Composite Bond Fund Index (Benchmark)

1.30% 10,130 7.56% 12,443 7.65% 14,459 7.92% 15,181


-3.55% 9,645 5.83% 11,854 5.25% 12,921 5.84% 13,644

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 32 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 33 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Jun 25, 2018 0.0374 0.0347 10.1397 10.0877 0.0479 0.0444 10.0997 10.0331Monthly Dividend

May 25, 2018 0.0145 0.0134 10.0701 10.0500 0.0198 0.0184 10.0776 10.0500Apr 25, 2018 0.0411 0.0380 10.1071 10.0500 0.0459 0.0425 10.1138 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. .

PORTFOLIO

DATE OF ALLOTMENT


1,781.33 Cr.


1,740.56 Cr.

BENCHMARK


AVERAGE MATURITY*


*


9.52%



FUND MANAGER

Corporate Bond - 71.01% Pass Through Certificate - 11.79% Reduced Face Value Bonds - Non Amortisation - 4.88% Zero Coupon Bond - 4.80% State Government Bond - 3.17% Total Money Market Instruments*- 3.01% Government Bond - 1.34%

CARE AA/ CARE AA(SO)/ CRISIL AA/ ICRA AA/ IND AA/ BWR AA/ CRISIL AA(SO) - 31.73% BWR AAA/ CARE AAA/ CRISIL AAA/ CRISIL AAA(SO)/ ICRA AAA(SO)/ & Equivalent - 29.68% BWR A+(SO)/ CARE A+/ ICRA A+/ ICRA A+(SO)/ CARE A+(SO)/ IND A+/ CRISIL A+ - 16.11% BWR AA-(SO)/ CARE AA-/ CRISIL AA-/ ICRA AA-/ IND AA- - 13.37% SOV - 4.51% ICRA A-(SO) -3.45% IND A(SO) - 0.86 % IND AA+ - 0.29%



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£(FORMERLY KNOWN AS AXIS FIXED INCOME OPPORTUNITIES FUND)

(An Open Ended Debt Scheme Predominantly Investing In AA And Below Rated Corporate Bonds (Excluding AA+ Rated Corporate Bonds£)

EXIT 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

19

RATING % OF ASSETS

TOTAL DEBT 85.20




PVR Limited CRISIL AA- 3.64


Dalmia Cement (Bharat) Limited ICRA AA 3.12

Piramal Enterprises Limited ICRA AA 3.03

Birla Corporation Limited ICRA AA 2.95





BWR A+(SO) 2.28

Bank of Baroda CARE AA 2.26


Tata Power Company Limited IND AA 2.22

ECL Finance Limited ICRA AA 2.01

JK Lakshmi Cement Limited CARE AA 1.99


Ujjivan Small Finance Bank Limited ICRA A+ 1.73

IndoStar Capital Finance Limited CARE AA- 1.71


Vedanta Limited CRISIL AA 1.41


Hansdeep Industries & Trading Company Limited CARE AA(SO) 1.34


Vodafone Mobile Services Limited CRISIL AA- 1.30


Nuvoco Vistas Corporation Limited CRISIL AA 1.14

Bhopal Dhule Transmission Company Limited CRISIL AAA 1.11



Northern Arc Capital Limited ICRA A+ 0.86




Talwandi Sabo Power Limited CRISIL AA(SO) 0.71


Edelweiss Commodities Services Limited ICRA AA 0.57



Vijaya Bank ICRA AA- 0.17

Indiabulls Housing Finance Limited CARE AAA 0.06




Narmada Wind Energy Private Limited CARE A+(SO) 2.24

Asirvad Microfinance Ltd CRISIL A+ 1.32


Subros Limited ICRA A+ 0.45


Amri Hospitals Limited## BWR A+(SO) 2.71


Edelweiss Commodities Services Limited CARE AA 0.17










NET ASSETS 100%

## Secured by shares of Emami Ltd

DIVIDENDS

FACTSHEETJUNE 2018




CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Credit Risk Fund - Growth 4.69% 10,469 7.66% 12,478 - - 8.29% 13,70415-Jul-14CRISIL Short-Term Bond Fund Index

(Benchmark)4.63% 10,463 7.46% 12,411 - - 7.99% 13,558

CRISIL 1 Year T-Bill (Additional Benchmark) 5.78% 10,578 6.66% 12,133 - - 7.12% 13,130Axis Credit Risk Fund - Direct Plan - Growth

6.20% 10,620 9.04% 12,963 - - 9.55% 14,349

15-Jul-14CRISIL Short-Term Bond Fund Index (Benchmark)

4.63% 10,463 7.46% 12,411 - - 7.99% 13,558

CRISIL 1 Year T-Bill (Additional Benchmark) 5.78% 10,578 6.66% 12,133 - - 7.12% 13,130Past 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 32 schemes. Please refer to annexure on Page 33 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).



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 26, 2018 0.3611 0.3345 11.3226 10.8226 - - - -Sep 25, 2017 0.3611 0.3345 11.8824 11.3824 - - - -Mar 27, 2017 0.3611 0.3346 11.9797 11.4797 - - - -Dec 26, 2017 0.0009 0.0008 10.0022 10.0009 0.0043 0.0040 10.0100 10.0040Nov 27, 2017 0.0306 0.0283 10.1010 10.0586 0.0345 0.0319 10.1099 10.0622

Regular Dividend Oct 25, 2017 0.0361 0.0334 10.2084 10.1583 0.0404 0.0375 10.2185 10.1625Please 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.

EXIT LOAD

PORTFOLIO

RATING % OF ASSETS

TOTAL DEBT 46.99

GOVERNMENT BOND 46.99

7.17% GOI Sovereign 23.35





TREASURY BILL 48.44

91 DAYS TBILL Sovereign 48.44


NET ASSETS 100%

^Treasury Bill

DATE OF ALLOTMENT

23rd January 2012

MONTHLY AVERAGE

40.67 Cr.


40.76 Cr.

BENCHMARK

CRISIL 10 Year Gilt Index

AVERAGE MATURITY*



7.14%


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

FUND MANAGER

Total Money Market Instruments* - 53.01% Government Bond - 46.99%

SOV & Equivalent - 100.00%COMPOSITION BY ASSETS (%) COMPOSITION BY RATING (%)


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£ (FORMERLY KNOWN AS AXIS CONSTANT MATURITY 10 YEAR FUND)

(An Open Ended Debt Scheme Investing In Government Securities Across Maturity£)

NIL

20

FACTSHEETJUNE 2018


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. £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.


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Gilt Fund - Growth -1.76% 9,824 6.14% 11,958 5.57% 13,117 6.29% 14,81123-Jan-12CRISIL 10 Year Gilt Index (Benchmark) -3.55% 9,645 5.83% 11,854 5.25% 12,921 6.30% 14,813

Axis Gilt Fund - Direct Plan - Growth -1.24% 9,876 6.70% 12,146 6.08% 13,438 6.67% 14,261 01-Jan-13CRISIL 10 Year Gilt Index (Benchmark) -3.55% 9,645 5.83% 11,854 5.25% 12,921 5.96% 13,745Past 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 32 schemes. Please refer to annexure on Page 33 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Monthly DividendJun 25, 2018 3.9477 5.3333 1012.9416 1007.4611 4.3086 3.9894 1013.4432 1007.4622Apr 25, 2018 3.4599 4.6666 1,012.2644 1,007.4611 3.6358 3.3672 1,012.5104 1,007.4622Mar 26, 2018 4.6972 6.6666 1,013.9646 1,007.4611 4.8666 4.5095 1,014.2012 1,007.4622


PORTFOLIO

RATING % OF ASSETS

TOTAL DEBT 92.56






Food Corporation Of IndiaCRISIL

AAA(SO)9.78

Export Import Bank of India CRISIL AAA 7.42




Tata Sons Ltd CRISIL AAA 2.99

Reliance Industries Limited CRISIL AAA 2.89

Reliance Utilities & Power Pvt Limited CRISIL AAA 2.34





NET ASSETS 100%

DATE OF ALLOTMENT

8th June 2012MONTHLY AVERAGE

721.12 Cr.


815.96 Cr.

BENCHMARK


AVERAGE MATURITY*



8.49%



FUND MANAGER

Corporate Bond - 89.64% Total Money Market Instruments* - 7.44% State Government Bond - 2.92%

CARE AAA/ CRISIL AAA/ CRISIL AAA(SO)/ ICRA AAA & Equivalent - 97.08% SOV - 2.92%



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)

NIL

EXIT LOAD

21

DIVIDENDS

FACTSHEETJUNE 2018


* 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 Banking & PSU Debt Fund - Growth 5.89% 10,589 7.38% 12,380 8.03% 14,717 8.22% 16,13708-Jun-12CRISIL Short-Term Bond Fund Index

(Benchmark)4.63% 10,463 7.46% 12,411 8.14% 14,795 8.34% 16,252

CRISIL 1 Year T-Bill (Additional Benchmark) 5.78% 10,578 6.66% 12,133 6.88% 13,951 7.07% 15,131Axis Banking & PSU Debt Fund - Direct Plan - Growth

6.14% 10,614 7.58% 12,452 8.23% 14,860 8.29% 15,488


4.63% 10,463 7.46% 12,411 8.14% 14,795 8.25% 15,459

CRISIL 1 Year T-Bill (Additional Benchmark) 5.78% 10,578 6.66% 12,133 6.88% 13,951 7.01% 14,509Past 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 4 schemes at Axis Mutual Fund. Please refer to annexure on Page 32-33 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).

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•

•

•

•

•

The economy continues to stand on a solid macro foundation and political stability. Oil could play spoil sport. Global factors currently playing a larger role in market sentiment.

RBI policy and minutes in line. Markets have priced in 50 bps rate hikes till March 2019.

We do not foresee a significant rally on the back of lingering fiscal issues and poor demand supply dynamics.

Long bonds are likely to trade range bound. Short tenor bonds look attractive from a risk reward perspective.

We continue to advise investors to stay invested in short to medium term strategies and actively look at credit funds.10 yr G-Sec : Last 1 year

7.90%

6.56%

12.5%

Key highlights

HYBRIDOUTLOOK

JULY 2018

Global geo politics, and a global risk off trade continued to weigh on markets during the month. The S&P BSE Sensex and NIFTY 50 remained flat for the 2nd month in a row. NIFTY Midcap 100 and NIFTY Smallcap 100 indices continued to underperform large caps significantly falling 3.8% and 8.3% respectively. FPIs continued to remain net sellers this month. With this total outflow from equity and debt markets for the calendar year stand as at Rs 48,000 Cr.

• RBI Policy & Minutes – In Line : In the recent bi-monthly monetary policy review meet the RBI decided to increase the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 6.25 per cent. The minutes of the June MPC meeting reinstated the cautious approach as reflected in the MPC policy. All members acknowledged that inflation uncertainty has increased and thus warrants a policy action. While most members believe food inflation has moderated, uncertainty around the MSP prices continues to linger.

• Rising Crude – Inflationary Pressures likely : Crude prices continued to remain elevated. Rising oil prices have raised fears of inflation and fiscal slippage. If oil related excise duties are reduced, the deficit is likely widen. CPI inflation inched up to 4.87% in May V/s 4.58% in April. Core inflation inched up marginally to 5.73% as well.

• Depreciating Currency : The USD-INR depreciated to an all-time low of Rs 69/US$ in June in line with other EM currencies. While the recent fall has been sharp, other EM currencies have seen a sharper deterioration over the last 5 years as compared to the INR which has remained largely stable. The recent fall has been consistent with the flight to safety seen around the world.

• Government Finances – A Fiscal Worry? : The central government’s fiscal deficit in Apr-May reached 55% of the budgeted target. This is better than the 63% reached in Apr-May of last year. To recall, from last year, the budget announcement has been advanced by 1 month leading to early spending and the first two months’ expenditure increasing from ~15% of budgeted to ~20%. June GST collection numbers stood at a healthy Rs. 95,610 Cr.

• Rate Hikes, Trade Wars 2.0 The global risk off trade : In global events, The US Fed raised its rates by 25 bps, indicating the possibility for

Key Events During the Month

and

two more hikes in CY2018. In a surprising move, the US imposed import tariffs on NAFTA countries and the EU in a sign of rising tensions between the US and its allies. The US also re-escalated trade tensions with China and cancelled the Iran deal creating further uncertainty in global markets. FPI`s have sold EM markets in a global risk off trade play. CYTD net outflows across domestic capital markets topped 48,000 Cr.

Equity Markets

Rural and consumption stories continue to remain attractive with a long term perspective. Our investment focus continues to remain quality centric. This approach has softened the impact of volatile markets on our equity portfolios. Going-forward, we continue to expect elevated volatility levels in the equity markets and hence advise investors to look at equity allocations from a medium to long term investment horizon. Systematic investments into equity products could also help investors ride out short term volatility.

Debt Markets

FPI`s continue to remain consistent sellers in bond markets for the last few months. The market in our view has priced in 50 basis rate hikes till March 2019. We do not foresee a significant rally on the back of lingering fiscal issues and poor demand supply dynamics. We continue to see long bonds trade in a narrow range and hence find limited opportunities in this space.

Banking liquidity continues to remain neutral. Core liquidity moved into deficit territory on the back of increasing currency in circulation and forex Intervention to stabilize the domestic currency markets. As a result, the RBI conducted OMO purchases during the month to infuse additional liquidity. RBI is expected to continue asset purchases in an attempt to maintain a neutral liquidity environment.

1-4 year corporate bonds currently offer significant opportunities on a risk adjusted basis as the risk of rate hikes are adequately priced in by the market and offer significant ‘carry cushion’. Further these bonds offer lower volatility as compared to their longer dated counterparts. Currently short bonds offer 200+ basis spreads over operative rates and hence remain conducive for investors on a risk reward basis.

Market View

22

Source: Bloomberg, Axis MF Research.



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Jun 25, 2018 0.0553 0.0553 10.8600 10.8000 0.0553 0.0553 11.2100 11.1500

Monthly DividendMay 25, 2018 0.0553 0.0553 10.7953 10.7400 0.0553 0.0553 11.1353 11.0800Apr 25, 2018 0.0553 0.0553 10.8653 10.8100 0.0553 0.0553 11.1953 11.1400Jun 25, 2018 0.1660 0.1660 11.0100 10.8200 0.1660 0.1660 11.3800 11.1900

Quarterly Dividend Mar 26, 2018 0.1875 0.1875 10.7975 10.6100 0.1875 0.1875 11.1175 10.9300Dec 26, 2017 0.1875 0.1875 10.9975 10.8100 0.1875 0.1875 11.2975 11.1100


PORTFOLIO

RATING % OF ASSETS

TOTAL DEBT 31.79TOTAL FIXED DEPOSIT 4.74CORPORATE BOND 22.08ICICI Bank Limited ICRA AA+ 3.73Cholamandalam Investment and Finance Company Limited ICRA AA+ 2.84Rural Electrification Corporation Limited CRISIL AAA 2.77Reliance Industries Limited CRISIL AAA 2.72Punjab National Bank IND A+ 2.64Piramal Housing Finance Limited ICRA AA 1.87Dewan Housing Finance Corporation Limited BWR AAA 1.43JM Financial Products Limited CRISIL AA 0.72Power Grid Corporation of India Limited CRISIL AAA 0.72Union Bank of India BWR AA 0.69National Bank For Agriculture and Rural Development CRISIL AAA 0.67Muthoot Finance Limited CRISIL AA 0.57Bank of Baroda CARE AA 0.28Syndicate Bank IND AA- 0.43GOVERNMENT BOND SOVEREIGN 4.12ZERO COUPON BOND 0.85Edelweiss Commodities Services Limited CARE AA 0.85TOTAL EQUITY 65.48TOTAL UNHEDGED EQUITY 41.84AUTO 3.12Mahindra & Mahindra Limited 0.78Maruti Suzuki India Limited 2.34AUTO ANCILLARIES 0.60Motherson Sumi Systems Limited 0.60BANKS 9.78Bandhan Bank Limited 1.72HDFC Bank Limited 4.19IndusInd Bank Limited 0.72Kotak Mahindra Bank Limited 3.16CEMENT 0.88JK Lakshmi Cement Limited 0.06Shree Cement Limited 0.82CHEMICALS 0.45Pidilite Industries Limited 0.45CONSTRUCTION PROJECT 1.64Larsen & Toubro Limited 0.70Voltas Limited 0.94CONSUMER NON DURABLES 6.40Asian Paints Limited 0.52Britannia Industries Limited 2.87Colgate Palmolive (India) Limited 0.23Hindustan Unilever Limited 2.19Nestle India Limited 0.59FERROUS METALS 0.30Tata Steel Limited 0.30FINANCE 6.90Bajaj Finance Limited 2.06Cholamandalam Investment and Finance Company Limited 0.73HDFC Limited 2.48Sundaram Finance Holdings Limited 0.11Sundaram Finance Limited 1.51PETROLEUM PRODUCTS 2.83Reliance Industries Limited 2.83PHARMACEUTICALS 0.48Divi's Laboratories Limited 0.48SOFTWARE 6.18Infosys Limited 0.63MindTree Limited 0.99NIIT Technologies Limited 0.70Tata Consultancy Services Limited 3.85TEXTILE PRODUCTS 1.36Page Industries Limited 1.36TRANSPORTATION 0.93Container Corporation of India Limited 0.73InterGlobe Aviation Limited 0.20TOTAL HEDGED EQUITY 23.64Eicher Motors Limited 0.86Century Textiles & Industries Limited 1.85Suzlon Energy Limited 0.03Allahabad Bank 0.02Godfrey Phillips India Limited 0.01Bharat Financial Inclusion Limited 0.18Larsen & Toubro Limited 0.56Mahindra & Mahindra Financial Services Limited 6.27Dewan Housing Finance Corporation Limited 1.47LIC Housing Finance Limited 0.26IRB Infrastructure Developers Limited 0.17The India Cements Limited 0.01Britannia Industries Limited 0.32Tata Chemicals Limited 0.14Torrent Power Limited 0.25Infibeam Incorporation Limited 6.39Vedanta Limited 0.71Jaiprakash Associates Limited 0.80Housing Development Finance Corporation Limited 2.41Cholamandalam Investment and Finance Company Limited 0.36NIIT Technologies Limited 0.54DEBT, CASH & OTHER RECEIVABLES 2.74NET ASSET 100% ^Commercial Paper,PTC and Derivatives

DATE OF ALLOTMENT

14th August 2015MONTHLY AVERAGE

684.92 Cr.


696.01 Cr.

BENCHMARK

CRISIL Hybrid 85 + 15 Conservative

Index

Mr. Anupam TiwariWork experience: 13 years.

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



FUND MANAGER

Unhedged Equity - 41.84% Debt, Cash and Other Receivables* - 34.52% Hedged Equity - 23.64%

BWR AAA/ CRISIL AAA/ & Equivalent - 11.05% ICRA AA+ - 6.56% CARE AA/ CRISIL AA/ ICRA AA/ BWR AA - 4.98% SOV - 4.12% IND A+ - 2.64% IND AA- - 0.43%


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)

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

EXIT LOAD

23

AVERAGE MATURITY@*


@*


8.81%PORTFOLIO TURNOVER# (1 YEAR)

5.96 times

DIVIDENDS

FACTSHEETJUNE 2018



@ 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. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Equity Saver Fund - Growth 9.01% 10,901 NA NA NA NA 7.22% 12,22014-Aug-15CRISIL Hybrid 85+15 - Conservative Index

(Benchmark)2.99% 10,299 NA NA NA NA 7.81% 12,414

Nifty 50 TRI (Additional Benchmark) 14.09% 11,409 NA NA NA NA 9.67% 13,042Axis Equity Saver Fund - Direct Plan - Growth

10.37% 11,037 NA NA NA NA 8.54% 12,660

14-Aug-15CRISIL Hybrid 85+15 - Conservative Index (Benchmark)

2.99% 10,299 NA NA NA NA 7.81% 12,414

Nifty 50 TRI (Additional Benchmark) 14.09% 11,409 NA NA NA NA 9.67% 13,042Past 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 years & 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 6th October 2016 and he manages 6 schemes & R. Sivakumar is managing the scheme since inception and he manages 6 schemes. Please refer to annexure on Page 32 & 33 for performance of all schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR). The performance of the scheme is benchmarked to the Total Return variant of the Benchmark Index (TRI) in terms of SEBI circular dated Jan. 4, 18.


PORTFOLIO

RATING % OF ASSETS

TOTAL DEBT 30.30TOTAL FIXED DEPOSIT 6.14CORPORATE BOND 17.94Vodafone Mobile Services Limited CRISIL AA- 3.32HDFC Limited CRISIL AAA 1.41IndoStar Capital Finance Limited CARE AA- 1.26Rural Electrification Corporation Limited CRISIL AAA 1.09Nuvoco Vistas Corporation Limited CRISIL AA 1.07Tata Power Company Limited IND AA 1.04Small Industries Dev Bank of India CARE AAA 0.90ICICI Bank Limited ICRA AA+ 0.88Piramal Enterprises Limited ICRA AA 0.79Shriram Transport Finance Company Limited CRISIL AA+ 0.72NABARD IND AAA 0.72NABARD CRISIL AAA 0.04Dewan Housing Finance Corporation Limited BWR AAA 0.71Power Finance Corporation Limited CRISIL AAA 0.58LIC Housing Finance Limited CRISIL AAA 0.54Muthoot Finance Limited CRISIL AA 0.54Reliance Jio Infocomm Limited CRISIL AAA 0.52Edelweiss Commodities Services Limited CRISIL AA 0.04Indiabulls Housing Finance Limited BWR AAA 0.36Indian Railway Finance Corporation Limited CRISIL AAA 0.18Larsen & Toubro Limited CRISIL AAA 0.33NHPC Limited ICRA AAA 0.34Piramal Housing Finance Limited ICRA AA 0.18TATA Sons Ltd CRISIL AAA 0.18Ultratech Cement Limited CRISIL AAA 0.19STATE GOVERNMENT BOND SOVEREIGN 1.80ZERO COUPON BOND 0.82TMF Holdings Limited CRISIL AA 0.52Cholamandalam Investment And Finance Company Limited

ICRA AA+ 0.29

OTHERS 3.60Indiabulls Housing Finance Limited CRISIL A1+ 1.89Export Import Bank Of India CRISIL A1+ 1.71TOTAL EQUITY 65.84TOTAL UNHEDGED EQUITY 47.84AUTO 2.87Mahindra & Mahindra Limited 0.73Maruti Suzuki India Limited 2.14AUTO ANCILLARIES 3.39Endurance Technologies Limited 0.65Motherson Sumi Systems Limited 0.45MRF Limited 0.87Varroc Engineering Limited 0.72Wabco India Limited 0.70BANKS 10.39Bandhan Bank Limited 1.83City Union Bank Limited 0.68HDFC Bank Limited 4.40ICICI Bank Limited 0.85IndusInd Bank Limited 0.37Kotak Mahindra Bank Limited 2.25CEMENT 1.33Shree Cement Limited 1.33CONSTRUCTION PROJECT 0.74Larsen & Toubro Limited 0.74CONSUMER DURABLES 0.44Amber Enterprises India Limited 0.44CONSUMER NON DURABLES 7.18Asian Paints Limited 1.02Britannia Industries Limited 3.14Colgate Palmolive (India) Limited 0.52Hindustan Unilever Limited 1.87Nestle India Limited 0.62FERROUS METALS 0.55Tata Steel Limited 0.55FINANCE 8.69Bajaj Finance Limited 3.29Cholamandalam Investment And Finance Company Limited

0.59

HDFC Limited 1.89Mahindra & Mahindra Financial Services Limited 0.87Mas Financial Services Limited 0.30Sundaram Finance Holdings Limited 0.11Sundaram Finance Limited 1.64GAS 0.44Petronet Lng Limited 0.44INDUSTRIAL CAPITAL GOODS 1.00Bharat Electronics Limited 0.46V-Guard Industries Limited 0.54PETROLEUM PRODUCTS 2.44Reliance Industries Limited 2.44SOFTWARE 6.61Infosys Limited 1.82Niit Technologies Limited 0.28Tata Consultancy Services Limited 3.75Tech Mahindra Limited 0.77TEXTILE PRODUCTS 1.43Page Industries Limited 1.43TRANSPORTATION 0.36Interglobe Aviation Limited 0.36

TOTAL HEDGED EQUITY 17.99

DEBT, CASH & OTHER RECEIVABLES 3.87

NET ASSET 100%

^Commercial Paper, Certificate of Deposit and Derivatives

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)

24

CRISIL A1+/ BWR AAA/ CARE AAA/ CRISIL AAA/ ICRA AAA/ IND AAA & Equivalent - 15.56% CARE AA-/ CRISIL AA- - 4.58% CRISIL AA/ ICRA AA/ IND AA - 4.18% CRISIL AA+/ ICRA AA+ 1.90% SOV - 1.80%

COMPOSITION BY RATING (%)

DATE OF ALLOTMENT

1st August 2017MONTHLY AVERAGE

2,725.17 Cr.


2,766.73 Cr.

BENCHMARK

CRISIL Hybrid 35+65 Aggressive

Index

AVERAGE MATURITY*



8.62%

Mr. Anupam TiwariWork experience: 13 years.


Mr. Ashwin PatniWork experience: 16 years.


FUND MANAGER

Mr. R. Sivakumar Work experience: 20 years.


FACTSHEETJUNE 2018

EXIT LOAD


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

Unhedged Equity - 47.84% Debt, Cash and Other Receivables*- 34.16% Hedged Equity £ - 17.99%

COMPOSITION BY ASSETS (%)


£ Hedged equity exposure is calculated using the notional exposure of index options.



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Annual Dividend

Mar 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 11.6583Mar 25, 2015 0.3629 0.3365 12.6035 12.1035 0.3629 0.3365 12.5849 12.0849

Half Yearly Dividend Mar 26, 2018 0.3611 0.3345 11.4652 10.9652 0.3611 0.3345 12.1281 11.6281Sep 25, 2017 0.3611 0.3345 11.6889 11.1889 0.3611 0.3345 12.2724 11.7724Mar 27, 2017 0.3611 0.3346 11.6071 11.1071 0.3611 0.3346 12.0977 11.5977

Quarterly Dividend

Sep 26, 2016 0.3611 0.3346 11.9394 11.4394 0.3611 0.3346 12.3576 11.8576Jun 25, 2018 0.1440 0.1334 10.8254 10.6254 0.1800 0.1667 13.7449 13.4949Mar 26, 2018 0.1805 0.1672 10.8963 10.6463 0.1805 0.1672 13.7410 13.4910Dec 26, 2017 0.1805 0.1672 11.1587 10.9087 0.0722 0.0669 13.8215 13.7215

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















Blue Dart Express Limited ICRA AA 0.02




OTHERS 5.44


BANKS 2.17




TOTAL EQUITY 24.04

BANKS 5.02




FINANCE 3.50


HDFC Limited 0.72


Multi Commodity Exchange of India Limited 0.63





Amara Raja Batteries Limited 0.54

AUTO 2.10



SOFTWARE 1.66



PESTICIDES 1.43

UPL Limited 0.78


TRANSPORTATION 1.42

Container Corporation of India Limited 0.78

Blue Dart Express Limited 0.65

CEMENT 1.08






CHEMICALS 0.73


RETAILING 0.71






FINANCE 0.44

HDFC Limited 0.44

OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 1.07

NET CURRENT ASSETS 3.33NET ASSETS 100%

^Certificate of Deposit/ Commercial Paper

DATE OF ALLOTMENT


361.02 Cr.


349.20 Cr.

AVERAGE MATURITY@*


@*


8.72%

Mr. Ashish NaikWork experience: 11 years.

He has been managing this fund since 22nd June 2016

FUND MANAGER

Debt* - 75.96% Equity - 24.04%

CRISIL A1+/ BWR AAA/ CARE AAA/ CRISIL AAA/ IND AAA & Equivalent - 61.76% IND AA+ - 5.73% CRISIL AA/ ICRA AA - 4.70% CARE A+/ ICRA A+(SO) - 3.77%



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£(FORMERLY KNOWN AS AXIS INCOME SAVER)

(An Open Ended Hybrid Scheme Investing Predominantly In Debt Instruments)

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

EXIT LOAD

DIVIDENDS

25

FACTSHEETJUNE 2018

BENCHMARK

CRISIL Hybrid 85+15 -

Conservative Index


* 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.£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.


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Regular Saver Fund - Growth 6.47% 10,647 6.70% 12,149 9.32% 15,622 8.19% 18,714

16-Jul-10CRISIL Hybrid 85+15 - Conservative Index (Benchmark)

2.99% 10,299 8.20% 12,668 9.03% 15,411 8.39% 18,990


-3.55% 9,645 5.83% 11,854 5.25% 12,921 5.94% 15,830

Axis Regular Saver Fund - Direct Plan - Growth

7.77% 10,777 8.21% 12,672 10.86% 16,757 10.29% 17,111

04-Jan-13CRISIL Hybrid 85+15 - Conservative Index (Benchmark)

2.99% 10,299 8.20% 12,668 9.03% 15,411 8.90% 15,959


-3.55% 9,645 5.83% 11,854 5.25% 12,921 5.88% 13,680

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 7th June 2016 and he manages 32 schemes & Ashish Naik is managing the scheme since 22nd June 2016 and he manages 5 schemes. Please refer to annexure on Page 32 & 33 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).


Unhedged Equity - 65.27% Debt, Cash and Other Receivables - 34.73%

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

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.

26

FACTSHEETJUNE 2018

Exit 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 / switched-out after 3 years from the date of allotment

EXIT LOAD


CRISIL AAA & Equivalent - 9.96% SOV - 5.12% CRISIL AA/ BWR AA - 4.58% ICRA AA+ - 4.38% BWR AA-(SO)/ IND AA- - 1.95% CARE A+/ IND A+ - 1.55%

DATE OF ALLOTMENT

08th December 2015

MONTHLY AVERAGE

383.18 Cr.


382.66 Cr.

BENCHMARK

50% Nifty 50 + 50% Crisil

Composite Bond Fund Index

AVERAGE MATURITY@*


@*


9.02%


He has been managing this fund since 6th July 2016


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

FUND MANAGER


TOTAL FIXED DEPOSIT 7.19



ICICI Bank Limited ICRA AA+ 3.86



Renew Power Limited CARE A+ 1.30Cholamandalam Investment and Finance Company Limited

ICRA AA+ 0.52






TMF Holdings Limited CRISIL AA 1.16

TOTAL EQUITY 65.27

TOTAL UNHEDGED EQUITY 65.27

AUTO 5.03







Varroc Engineering Limited 0.33


BANKS 12.70


City Union Bank Limited 1.19



CEMENT 1.85


CHEMICALS 3.62

Camlin Fine Sciences Limited 1.19


Sudarshan Chemical Industries Limited 0.58





FINANCE 13.24


Bajaj Finserv Limited 2.56Cholamandalam Investment and Finance Company Limited

0.96

HDFC Standard Life Insurance Company Limited 1.32

HDFC Limited 4.37


Sundaram Finance Limited 1.31

INDUSTRIAL CAPITAL GOODS 1.11





PESTICIDES 2.26


UPL Limited 0.95





RETAILING 1.90


SOFTWARE 7.79






TRANSPORTATION 0.77


DEBT, CASH & OTHER RECEIVABLES^ 3.79

NET ASSETS 100%^ Derivatives

PORTFOLIO

@ 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). The performance of the scheme is benchmarked to the Total Return variant of the Benchmark Index (TRI) in terms of SEBI circular dated Jan. 4, 18. £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.^ No fresh subscription allowed

Period 1 Year Since Inception

CAGR (%)

Current Value ofInvestment of` 10,000/-

CAGR (%)

Current Value of Investment of ` 10,000

Date of inception

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

10.30% 11,030 9.63% 12,652

08-Dec-1550% Nifty 50 + 50% Crisil Composite Bond Fund Index (Benchmark)

7.65% 10,765 11.29% 13,150

Nifty 50 (Additional Benchmark) 14.09% 11,409 15.30% 14,394Axis Childrens Gift Fund - Compulsory Lock-in - Direct Plan - Growth

12.08% 11,208 11.39% 13,178


7.65% 10,765 11.29% 13,150

Nifty 50 (Additional Benchmark) 14.09% 11,409 15.30% 14,394Axis Childrens Gift Fund - No Lock-in^ - Regular Plan - Growth

10.31% 11,031 9.63% 12,651


7.65% 10,765 11.29% 13,150

Nifty 50 (Additional Benchmark) 14.09% 11,409 15.30% 14,394Axis Childrens Gift Fund - No Lock-in^ - Direct Plan - Growth

12.32% 11,232 11.74% 13,285


7.65% 10,765 11.29% 13,150

Nifty 50 (Additional Benchmark) 14.09% 11,409 15.30% 14,394Past 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 3 years & 5 years period has not been provided, since scheme is in existence for less than 3 years.Different plans have different expense structure. Ashish Naik manages 5 schemes & R. Sivakumar manages 6 schemes. Please refer to annexure on Page 32 for performance of all schemes managed by the fund managers.


PORTFOLIO

RATING % OF ASSETS

CORPORATE BOND 8.93



India Infrastructure Fin Co Ltd CRISIL AAA 0.92


Hindalco Industries Limited CRISIL AA 0.18



TOTAL EQUITY 75.96

BANKS 14.89




FINANCE 13.42

HDFC Limited 4.60

Bajaj Finserv Limited 2.24Cholamandalam Investment and Finance Company Limited

2.00


Gruh Finance Limited 1.96HDFC Standard Life Insurance Company Limited

0.66

SOFTWARE 8.59








Amara Raja Batteries Limited 1.50

AUTO 7.52








PESTICIDES 3.36

UPL LIMITED 1.81




Hindustan Unilever Limited 1.14

TRANSPORTATION 3.03

Container Corporation of India Limited 2.30


CEMENT 2.72


CHEMICALS 2.40

Camlin Fine Sciences Limited 1.54




RETAILING 2.25


EXCHANGE TRADED FUNDS 10.60

Axis Gold ETF 10.60

DEBT, CASH & OTHER RECEIVABLES^ 2.79

NET ASSETS 100%

^Options

DATE OF ALLOTMENT

23rd August 2010MONTHLY AVERAGE

295.39 Cr.


291.65 Cr.

BENCHMARK65% of Nifty 50 + 20% of CRISIL Composite Bond

Fund Index + 15% Of INR Price of Gold

AVERAGE MATURITY@*


@*


8.21%

Mr. R. Sivakumar Work experience: 20 years.

He has been managing the fund since 14th September 2010


He has been managing this fund since 22nd June 2016

FUND MANAGER

Equity - 75.96% Debt* - 13.44% ETFs - 10.6%

CRISIL AAA & Equivalent - 10.72 % SOV - 1.72% CRISIL AA/BWR AA - 1.00%



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)

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

EXIT LOAD

27

FACTSHEETJUNE 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 7.48% 10,748 6.80% 12,181 9.07% 15,443 8.14% 18,486

23-Aug-10

65% Nifty 50 + 20% CRISIL Composite Bond Fund Index + 15% INR Price of Gold (Benchmark)

10.57% 11,057 9.06% 12,972 11.72% 17,415 9.41% 20,269


-3.55% 9,645 5.83% 11,854 5.25% 12,921 6.25% 16,095

Axis Triple Advantage Fund - Direct Plan - Growth

8.50% 10,850 7.93% 12,571 10.25% 16,300 8.22% 15,436

01-Jan-1365% Nifty 50 + 20% CRISIL Composite Bond Fund Index + 15% INR Price of Gold (Benchmark)

10.57% 11,057 9.06% 12,972 11.72% 17,415 10.03% 16,904


-3.55% 9,645 5.83% 11,854 5.25% 12,921 5.96% 13,745

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 6 schemes & Ashish Naik is managing the scheme since 22nd June 2016 and he manages 5 schemes. Please refer to annexure on Page 32 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 of the scheme is benchmarked to the Total Return variant of the Benchmark Index (TRI) in terms of SEBI circular dated Jan. 4, 18.


PORTFOLIO

% OF ASSETSTOTAL HEDGED EQUITY 66.01HDFC Limited 5.06Mahindra & Mahindra Financial Services Limited 3.49Sun Pharmaceutical Industries Limited 3.38Larsen & Toubro Limited 3.38Cadila Healthcare Limited 3.03Bajaj Finance Limited 2.89Mahindra & Mahindra Limited 2.86Maruti Suzuki India Limited 2.54Century Textiles & Industries Limited 2.36Nestle India Limited 1.98Dewan Housing Finance Corporation Limited 1.96The Federal Bank Limited 1.93Tata Steel Limited 1.86Indiabulls Housing Finance Limited 1.86Cholamandalam Investment and Finance Company Limited 1.77Motherson Sumi Systems Limited 1.65Aurobindo Pharma Limited 1.27United Spirits Limited 1.18CESC Limited 0.87GMR Infrastructure Limited 0.82Hero MotoCorp Limited 0.74Jaiprakash Associates Limited 0.71Capital First Limited 0.71Bharat Electronics Limited 0.68Steel Authority of India Limited 0.64Tech Mahindra Limited 0.63Punjab National Bank 0.56Mahanagar Gas Limited 0.55HCL Technologies Limited 0.53Eicher Motors Limited 0.53Jindal Steel & Power Limited 0.50Ashok Leyland Limited 0.46Biocon Limited 0.45Torrent Power Limited 0.43IDBI Bank Limited 0.42Suzlon Energy Limited 0.40IRB Infrastructure Developers Limited 0.39Shriram Transport Finance Company Limited 0.39TV18 Broadcast Limited 0.38Piramal Enterprises Limited 0.38Page Industries Limited 0.36Tata Motors Limited 0.36Bharat Heavy Electricals Limited 0.34DLF Limited 0.33Balrampur Chini Mills Limited 0.31Wockhardt Limited 0.31Dabur India Limited 0.28Escorts Limited 0.28Reliance Infrastructure Limited 0.24Dr. Reddy's Laboratories Limited 0.24CEAT Limited 0.24LIC Housing Finance Limited 0.24NMDC Limited 0.23Bank of Baroda 0.22Total Unhedged Equity 0.22Marico Limited 0.22Vedanta Limited 0.22The Karnataka Bank Limited 0.21Divi's Laboratories Limited 0.20Kajaria Ceramics Limited 0.20Multi Commodity Exchange of India Limited 0.19State Bank of India 0.19Tata Motors Limited 0.19Dish TV India Limited 0.18Union Bank of India 0.18Yes Bank Limited 0.17Jubilant Foodworks Limited 0.16L&T Finance Holdings Limited 0.16Jain Irrigation Systems Limited 0.15Manappuram Finance Limited 0.15Reliance Capital Limited 0.15Zee Entertainment Enterprises Limited 0.14Hindustan Zinc Limited 0.13Bharat Financial Inclusion Limited 0.13Tata Global Beverages Limited 0.13Godfrey Phillips India Limited 0.13BEML Limited 0.12Grasim Industries Limited 0.12Jet Airways (India) Limited 0.12PTC India Limited 0.10Tata Chemicals Limited 0.10Wipro Limited 0.09Shree Cement Limited 0.08The India Cements Limited 0.08Bajaj Auto Limited 0.08Syndicate Bank 0.08Hindustan Petroleum Corporation Limited 0.08NBCC (India) Limited 0.07Just Dial Limited 0.07Sun Tv Network Limited 0.07Jsw Steel Limited 0.06Adani Power Limited 0.06ICICI Prudential Life Insurance Company Limited 0.05Bharat Forge Limited 0.04Bank Of India 0.03Havells India Limited 0.03The South Indian Bank Limited 0.03ICICI Bank Limited 0.02Rural Electrification Corporation Limited 0.02Andhra Bank 0.02Equitas Holdings Limited 0.01Muthoot Finance Limited 0.01DEBT, CASH & OTHER RECEIVABLES 30.50NET ASSETS 100%

DATE OF ALLOTMENT

14th August 2014MONTHLY AVERAGE

2,052.05 Cr.


1,922.64 Cr.

BENCHMARK

Nifty 50 Arbitrage Index

Mr. Ashwin Patni Work experience: More than 16 years.He has been managing the fund since

27th April 2015

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

inception.

FUND MANAGER

AXIS ARBITRAGE FUND(FORMERLY KNOWN AS AXIS ENHANCED 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 )

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

EXIT LOAD

28

AVERAGE MATURITY*@

174 daysMODIFIED DURATION*@


7.98%PORTFOLIO TURNOVER# (1 YEAR)

12.86 times

FACTSHEETJUNE 2018


@ 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. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.

DIVIDENDS


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Dividend

Jun 21, 2018 0.04 0.04 10.5019 10.4519 0.04 0.04 10.9729 10.9229

May 21, 2018 0.04 0.04 10.4811 10.4368 0.04 0.04 10.9416 10.8973

Apr 19, 2018 0.04 0.04 10.5007 10.4564 0.04 0.04 10.9520 10.9077Please 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.


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Arbitrage Fund - Growth 5.98% 10,598 6.09% 11,940 NA NA 6.58% 12,80514-Aug-14Nifty 50 Arbitrage Index (Benchmark) 4.23% 10,423 5.31% 11,677 NA NA 6.05% 12,556

CRISIL 1 Year T-Bill (Additional Benchmark) 5.78% 10,578 6.66% 12,133 NA NA 7.11% 13,049Axis Arbitrage Fund - Direct Plan - Growth

6.86% 10,686 6.97% 12,241 NA NA 7.48% 13,226

14-Aug-14Nifty 50 Arbitrage Index (Benchmark) 4.23% 10,423 5.31% 11,677 NA NA 6.05% 12,556CRISIL 1 Year T-Bill (Additional Benchmark) 5.78% 10,578 6.66% 12,133 NA NA 7.11% 13,049Past 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 32 schemes & Ashwin Patni is managing the scheme since 27th April 2015 and he manages 13 schemes. Please refer to annexure on Page 33 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).

Axis Bluechip Fund£ - Growth Option

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

Total Amount Invested 1,010,000 600,000 360,000 120,000Market value as on June 29, 2018 1,908,286 883,072 466,353 131,914Returns (Annualised) 14.68% 15.49% 17.63% 19.16%Benchmark Returns (Annualised) 12.11% 12.79% 14.15% 9.41%Additional Benchmark Returns (Annualised) 12.30% 12.98% 15.13% 13.24%

SIP PERFORMANCE OF SELECT SCHEMES (as on 29th June 2018)

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. Additional Benchmak: S&P BSE Sensex. 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


Total Amount Invested 1,020,000 600,000 360,000 120,000Market value as on June 29, 2018 2,401,825 949,465 454,269 127,731Returns (Annualised) 19.48% 18.46% 15.77% 12.31%Benchmark Returns (Annualised) 13.05% 14.00% 14.09% 5.52%Additional Benchmark Returns (Annualised) 12.07% 12.79% 14.15% 9.41%

^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: S&P BSE 200. Additional Benchmak: Nifty 50. 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


Total Amount Invested 880,000 600,000 360,000 120,000Market value as on June 29, 2018 1,799,230 924,930 443,501 124,971Returns (Annualised) 19.11% 17.38% 14.08% 7.87%Benchmark Returns (Annualised) 17.07% 17.61% 12.31% -8.42%Additional Benchmark Returns (Annualised) 12.87% 12.79% 14.15% 9.41%

^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: S&P BSE Midcap. Additional Benchmak: Nifty 50. 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


Total Amount Invested 720,000 600,000 360,000 120,000Market value as on June 29, 2018 1,252,463 955,951 482,919 129,015Returns (Annualised) 18.35% 18.74% 20.12% 14.40%Benchmark Returns (Annualised) 13.06% 12.79% 14.15% 9.41%Additional Benchmark Returns (Annualised) 14.34% 14.00% 14.09% 5.52%

^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: Nifty 50. Additional Benchmak: S&P BSE 200. 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 - Growth Option

SIP Investments Since Inception SIP 1 Year SIP

Total Amount Invested 340,000 120,000Market value as on June 29, 2018 385,858 125,254Returns (Annualised) 8.93% 8.32%Benchmark Returns (Annualised) 6.51% 1.21%Additional Benchmark Returns (Annualised) 14.76% 9.41%

^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: CRISIL Hybrid 85+15 - Conservative Index. Additional Benchmak: Nifty 50. 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.

Axis Triple Advantage Fund - Growth Option


Total Amount Invested 940,000 600,000 360,000 120,000Market value as on June 29, 2018 1,292,430 728,719 402,418 122,183Returns (Annualised) 7.98% 7.73% 7.40% 3.43%Benchmark Returns (Annualised) 10.27% 10.48% 11.01% 7.00%Additional Benchmark Returns (Annualised) 5.95% 5.33% 2.55% -3.52%

^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: 65% of Nifty 50 + 20% of Crisil Composite Bond Fund Index + 15% Of INR Price of Gold. Additional Benchmak: Crisil 10 Year Gilt Index. 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.

Axis Regular Saver£ - Growth Option


Total Amount Invested 950,000 600,000 360,000 120,000Market value as on June 29, 2018 1,341,176 733,567 398,409 122,743Returns (Annualised) 8.54% 7.99% 6.73% 4.33%Benchmark Returns (Annualised) 8.78% 8.44% 6.67% 1.21%Additional Benchmark Returns (Annualised) 5.95% 5.33% 2.55% -3.51%

^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: CRISIL Hybrid 85+15 - Conservative Index.Additional Benchmak: CRISIL 10 year Gilt Index. 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. SIP returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return). The performance of the schemes are benchmarked to the Total Return variant of the Benchmark Index (TRI) in terms of SEBI circular dated Jan. 4, 18.

29

NAV

30

Option NAV (`)Dividend 15.89Growth 27.13Direct Plan - Dividend 17.12Direct Plan - Growth 28.87


Option NAV (`)Dividend Option 19.09Growth Option 27.40Direct Plan - Dividend 28.89Direct Plan - Growth 29.26

Option NAV (`)Dividend 10.83Growth 10.83Direct Dividend 10.94Direct Growth 10.94



Axis Bluechip Fund£ (Formerly Known As Axis Equity Fund)

Axis Liquid Fund

Axis Dynamic Bond Fund

Axis Credit Risk Fund£ (Formerly Known As Axis Fixed Income Opportunities Fund)

Axis Banking & PSU Debt Fund

Axis Gilt Fund£

(Formerly Known As Axis Constant Maturity 10 Year Fund)

Axis Equity Saver Fund

Axis Treasury Advantage Fund

Axis Corporate Debt Fund£ (Formerly Known As Axis Corporate Debt

Opportunities Fund)

Axis Short Term Fund

Axis Strategic Bond Fund£ (Formerly Known As Axis Regular Savings Fund)

Axis Regular Saver Fund£

(Formerly Known As Axis Income Saver Fund)

Axis Long Term Equity Fund

Axis Focused Fund

Axis Multicap Fund

Axis Midcap Fund

Axis Arbitrage Fund

Option NAV (`)Daily Dividend 1001.3998Growth 1954.7253Monthly Dividend 1001.9555Weekly Dividend 1003.1740Retail Daily Dividend 1000.9559Retail Growth 1853.2444Retail Monthly Dividend 1001.2791Retail Weekly Dividend 1001.6257Direct Bonus 1961.8094Direct plan - Daily Dividend Option 1000.9560Direct plan - Growth Option 1961.9213Direct plan - Monthly Dividend Option 1001.3695Direct plan - Weekly Dividend Option 1003.1820

Option NAV (`)Growth 17.5662Half Yearly Dividend 10.4235Quarterly Dividend 10.2091Direct Plan - Growth option 18.6849Direct Plan - Half Yearly Dividend option 11.1493Direct Plan - Quarterly Dividend option 10.4793

Option NAV (`)Growth 13.7044Monthly Dividend 10.0885Weekly Dividend 10.1641Direct Growth 14.3486Direct Monthly Dividend 10.0352Direct Weekly Dividend 10.2483

Option NAV (`)Daily Dividend 1006.9522Growth 1613.7361Monthly Dividend 1006.4773Weekly Dividend 1006.2976Direct Plan - Daily Dividend option 1006.9766Direct Plan - Growth option 1630.6154Direct Plan - Monthly Dividend option 1006.5128Direct Plan - Weekly Dividend option 1006.3302

Option NAV (`)Growth 14.8111Half Yearly Dividend 10.6275Regular Dividend 9.8939Direct Plan - Growth Option 15.2388Direct Plan - Regular Dividend Option 9.9101

Option NAV (`)Regular Dividend 11.87Growth 12.22Monthly Dividend 10.79Quarterly Dividend 10.82Direct Regular Dividend 11.76Direct Growth 12.66Direct Monthly Dividend 11.14

Direct Quarterly Dividend 11.19

Axis Children’s Gift Fund

Option NAV (`)Direct Plan - No Lock-In - Dividend 13.1765Direct Plan - No Lock-In - Growth 13.2846No Lock-In - Dividend 12.6564No Lock-In - Growth 12.6513Compulsory Lock-In - Dividend 12.6577Compulsory Lock-In - Growth 12.6521Dir Plan - Comp Lock-In - Dividend 13.1766Dir Plan - Comp Lock-In - Growth 13.1778

Option NAV (`)Daily Dividend 1006.2334Growth 1962.8372Monthly Dividend 1005.9512Weekly Dividend 1006.5043Retail Daily Dividend 1005.4758Retail Growth 1836.8494Retail Monthly Dividend 1005.9478Retail Weekly Dividend 1005.1034Direct Plan - Daily Dividend option 1007.2893Direct Plan - Growth option 2010.4724Direct Plan - Monthly Dividend option 1006.0112Direct Plan - Weekly Dividend option 1005.1615

Option NAV (`)Regular Plan Regular Dividend 10.6271Regular Plan Daily Dividend 10.0720Regular Plan Growth 10.6265Regular Plan Monthly Dividend 10.0512Regular Plan Weekly Dividend 10.0512Direct Plan Regular Dividend 10.7149Direct Plan Daily Dividend 10.0793Direct Plan Growth 10.7176Direct Plan Monthly Dividend 10.0521Direct Plan Weekly Dividend 10.0521

Axis Dynamic Equity Fund


Option NAV (`)Bonus 19.0664Growth 18.9578Monthly Dividend 10.1460Weekly Dividend Option 10.2420Regular Dividend Option 12.6825Retail Growth 18.7440Retail Monthly Dividend 10.0120Retail Weekly Dividend Option 10.1505Direct Plan - Regular Dividend Option 12.0576Direct Plan - Growth option 19.7920Direct Plan - Monthly Dividend option 10.0136Direct Plan - Weekly Dividend option 10.2426

Option NAV (`)Growth 17.0186Half Yearly Dividend 10.7536Quarterly Dividend 10.1434Direct Plan - Growth option 17.8374Direct Plan - Half Yearly Dividend option 11.0669Direct Plan - Quarterly Dividend option 10.7484

Option NAV (`)Growth Option 18.7142Dividend Option - Half Yearly 11.1258Dividend Option - Quarterly 10.6028Dividend Option - Annual 11.6291Direct Plan - Growth option 20.1429Direct Plan - Half Yearly Dividend option 11.8232Direct Plan - Quarterly Dividend option 13.4672Direct Plan - Annual Dividend option 12.3233

Axis Triple Advantage Fund


Equity Funds (as on 29th June 2018)

Debt Funds (as on 29th June 2018)

Hybrid Funds (as on 29th June 2018)

Fund Name Entry Load

Minimum Investment Amount (`)

Additional Purchase Amount (`)

Minimum SIP Amount / in Multip-

ules of (`)

Minimum Installments

Axis Bluechip Fund£ NA 5,000/1 100/1 1,000/1 12

Axis Focused 25 Fund NA 5,000/1 100/1 1,000/1 12

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

Axis Midcap Fund NA 5,000/1 100/1 1,000/1 12

Axis Multicap Fund NA 5,000/1 100/1 1,000/1 12

Axis Equity Saver Fund NA 5,000/1 100/1 1,000/1 12

Axis Triple Advantage Fund NA 5,000/1 100/1 1,000/1 12

Axis Regular Saver Fund£ NA 5,000/1 100/1 1,000/1 12

Axis Gilt Fund£ NA 5,000/1 100/1 1,000/1 12

Axis Dynamic Bond Fund NA 5,000/1 100/1 1,000/1 12

Axis Corporate Debt Fund£ NA 5,000/1 100/1 1,000/1 12

Axis Strategic Bond Fund£ NA 5,000/1 100/1 1,000/1 12

Axis Credit Risk Fund£ NA 5,000/1 100/1 1,000/1 12

Axis Short Term Fund NA 5,000/1 1,000/1 1,000/1 12

Axis Banking & PSU Debt Fund NA 5,000/1 1,000/1 1,000/1 12

Axis Treasury Advantage Fund NA 5,000/1 1,000/1 1,000/1 12

Axis Liquid Fund NA Growth Option: `500 and in

multiples of ` 1/- thereafterAll other

Options:` 5,000 and in multiples of `1/- thereafter

Growth Option: ` 500 and in

multiples of ` 1/- thereafter All other

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

thereafter

- -

Axis Arbitrage Fund£ NA 5,000/1 100/1 1,000/1 12

Axis Children’s Gift Fund NA 5,000/1 100/1 1,000/1 12

Axis Dynamic Equity Fund NA 5,000/1 100/1 1,000/1 12

LOAD STRUCTURE & 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).

31

£Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Scheme, there has been change in the fundamental attribute(s) of the aforesaid schemes effective from May 18, 2018.

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-1021.88% 12,188 11.92% 14,021 16.58% 21,549 12.48% 27,130

Nifty 50 (Benchmark) 14.09% 11,409 10.00% 13,309 14.28% 19,507 10.04% 22,517S&P BSE Sensex (Additional Benchmark) 16.21% 11,621 9.90% 13,275 14.36% 19,572 10.14% 22,690Axis Bluechip Fund - Direct Plan - Growth

01-Jan-1323.59% 12,359 13.22% 14,515 17.88% 22,786 17.01% 23,703

Nifty 50 (Benchmark) 14.09% 11,409 10.00% 13,309 14.28% 19,507 12.70% 19,284S&P BSE Sensex (Additional Benchmark) 16.21% 11,621 9.90% 13,275 14.36% 19,572 13.01% 19,578Axis Midcap Fund - Growth

18-Feb-1115.80% 11,580 9.78% 13,230 22.93% 28,099 18.08% 34,000

S&P BSE Midcap (Benchmark) 6.37% 10,637 14.43% 14,985 22.50% 27,611 13.62% 25,615Nifty 50 (Additional Benchmark) 14.09% 11,409 10.00% 13,309 14.28% 19,507 10.97% 21,526Axis Midcap Fund - Direct Plan - Growth

01-Jan-1317.07% 11,707 11.04% 13,691 24.43% 29,860 19.41% 26,501

S&P BSE Midcap (Benchmark) 6.37% 10,637 14.43% 14,985 22.50% 27,611 16.41% 23,036Nifty 50 (Additional Benchmark) 14.09% 11,409 10.00% 13,309 14.28% 19,507 12.70% 19,284

FUNDS MANAGED BY JINESH GOPANI (TOTAL SCHEMES MANAGED : 4 SCHEMES)Axis Long Term Equity Fund - Growth*

29-Dec-0917.47% 11,747 11.90% 14,012 23.67% 28,963 18.71% 43,004

S&P BSE 200 (Benchmark) 12.43% 11,243 11.07% 13,702 16.23% 21,226 10.79% 23,899Nifty 50 (Additional Benchmark) 14.09% 11,409 10.00% 13,309 14.28% 19,507 10.24% 22,907Axis Long Term Equity Fund - Direct Plan - Growth*

01-Jan-1318.71% 11,871 13.12% 14,476 25.10% 30,683 22.67% 30,719

S&P BSE 200 (Benchmark) 12.43% 11,243 11.07% 13,702 16.23% 21,226 13.79% 20,336Nifty 50 (Additional Benchmark) 14.09% 11,409 10.00% 13,309 14.28% 19,507 12.70% 19,284Axis Focused 25 Fund - Growth

29-Jun-1219.60% 11,960 14.80% 15,130 18.75% 23,641 18.28% 27,400

Nifty 50 (Benchmark) 14.09% 11,409 10.00% 13,309 14.28% 19,507 13.91% 21,848S&P BSE 200 (Additional Benchmark) 12.43% 11,243 11.07% 13,702 16.23% 21,226 15.25% 23,440Axis Focused 25 Fund - Direct Plan - Growth

01-Jan-1320.96% 12,096 16.18% 15,681 20.18% 25,094 18.23% 25,094

Nifty 50 (Benchmark) 14.09% 11,409 10.00% 13,309 14.28% 19,507 12.70% 19,284S&P BSE 200 (Additional Benchmark) 12.43% 11,243 11.07% 13,702 16.23% 21,226 13.79% 20,336Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Growth@

29-Dec -167.27% 10,727 - - - - 12.62% 11,950

S&P BSE Midcap (Benchmark) 6.37% 10,637 - - - - 20.16% 13,168Nifty 50 (Additional Benchmark) 14.09% 11,409 - - - - 22.17% 13,499Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Direct Plan@

- Growth29-Dec -16

8.90% 10,890 - - - - 14.38% 12,230

S&P BSE Midcap (Benchmark) 6.37% 10,637 - - - - 20.16% 13,168Nifty 50 (Additional Benchmark) 14.09% 11,409 - - - - 22.17% 13,499

FUNDS MANAGED BY R.SIVAKUMAR (TOTAL SCHEMES MANAGED : 6 SCHEMES)Axis Equity Saver Fund - Growth@

14-Aug-159.01% 10,901 - - - - 7.22% 12,220

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 2.99% 10,299 - - - - 7.81% 12,414Nifty 50 (Additional Benchmark) 14.09% 11,409 - - - - 9.67% 13,042Axis Equity Saver Fund - Direct Plan - Growth@

14-Aug-1510.37% 11,037 - - - - 8.54% 12,660

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 2.99% 10,299 - - - - 7.81% 12,414Nifty 50 (Additional Benchmark) 14.09% 11,409 - - - - 9.67% 13,042Axis Triple Advantage Fund - Growth

23-Aug-10

7.48% 10,748 6.80% 12,181 9.07% 15,443 8.14% 18,48665% of Nifty 50 + 20% of CRISIL Composite Bond Fund Index + 15% Of INR Price of Gold (Benchmark)

10.57% 11,057 9.06% 12,972 11.72% 17,415 9.41% 20,269

Crisil 10 Year Gilt Index (Additional Benchmark) -3.55% 9,645 5.83% 11,854 5.25% 12,921 6.25% 16,095Axis Triple Advantage Fund - Direct Plan Growth

01-Jan-13


10.57% 11,057 9.06% 12,972 11.72% 17,415 10.03% 16,904

Crisil 10 Year Gilt Index (Additional Benchmark) -3.55% 9,645 5.83% 11,854 5.25% 12,921 5.96% 13,745Axis Dynamic Bond Fund - Growth

27-Apr-111.19% 10,119 7.20% 12,320 7.19% 14,159 8.17% 17,566

Crisil Composite Bond Fund Index (Benchmark) 1.30% 10,130 7.56% 12,443 7.65% 14,459 8.16% 17,559Crisil 10 Year Gilt Index (Additional Benchmark) -3.55% 9,645 5.83% 11,854 5.25% 12,921 6.28% 15,487Axis Dynamic Bond Fund - Direct Plan - Growth

01-Jan-132.09% 10,209 8.25% 12,686 8.42% 14,985 8.97% 16,033

Crisil Composite Bond Fund Index (Benchmark) 1.30% 10,130 7.56% 12,443 7.65% 14,459 7.98% 15,245Crisil 10 Year Gilt Index (Additional Benchmark) -3.55% 9,645 5.83% 11,854 5.25% 12,921 5.96% 13,745Axis Capital Protection Oriented Fund - Series 5 #

02-Nov-127.70% 10,770 4.42% 11,385 8.61% 15,120 8.04% 15,487

Crisil Hybrid 85+15 - Conservative Index (Benchmark) 2.99% 10,299 8.20% 12,668 9.03% 15,411 9.14% 16,401Crisil 1 Year T-Bill Index (Additional Benchmark) 5.78% 10,578 6.66% 12,133 6.88% 13,951 7.05% 14,699Axis Childrens Gift Fund - Compulsory Lock-in - Regular Plan - Growth@

08-Dec-15

10.30% 11,030 - - - - 9.63% 12,65250% Nifty 50 + 50% Crisil Composite Bond Fund Index (Benchmark)

7.65% 10,765 - - - - 11.29% 13,150

Nifty 50 (Additional Benchmark) 14.09% 11,409 - - - - 15.30% 14,394Axis Childrens Gift Fund - Compulsory Lock-in - Direct Plan - Growth@

08-Dec-1512.08% 11,208 - - - - 11.39% 13,178

50% Nifty 50 + 50% Crisil Composite Bond Fund Index (Benchmark) 7.65% 10,765 - - - - 11.29% 13,150Nifty 50 (Additional Benchmark) 14.09% 11,409 - - - - 15.30% 14,394Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth@

08-Dec-1510.31% 11,031 - - - - 9.63% 12,651

50% Nifty 50 + 50% CRISIL Composite Bond Fund Index (Benchmark) 7.65% 10,765 - - - - 11.29% 13,150Nifty 50 (Additional Benchmark) 14.09% 11,409 - - - - 15.30% 14,394Axis Childrens Gift Fund - No Lock-in - Direct Plan - Growth@

08-Dec-1512.32% 11,232 - - - - 11.74% 13,285

50% Nifty 50+ 50% Crisil Composite Bond Fund Index (Benchmark) 7.65% 10,765 - - - - 11.29% 13,150Nifty 50 (Additional Benchmark) 14.09% 11,409 - - - - 15.30% 14,394

FUNDS MANAGED BY ASHISH NAIK (TOTAL SCHEMES MANAGED : 5 SCHEMES)Axis Triple Advantage Fund - Growth

23-Aug-10


10.57% 11,057 9.06% 12,972 11.72% 17,415 9.41% 20,269

Crisil 10 Year Gilt Index (Additional Benchmark) -3.55% 9,645 5.83% 11,854 5.25% 12,921 6.25% 16,095Axis Triple Advantage Fund - Direct Plan Growth

01-Jan-13


10.57% 11,057 9.06% 12,972 11.72% 17,415 10.03% 16,904

Crisil 10 Year Gilt Index (Additional Benchmark) -3.55% 9,645 5.83% 11,854 5.25% 12,921 5.96% 13,745Axis Regular Saver Fund£ - Growth #

16-Jul-106.47% 10,647 6.70% 12,149 9.32% 15,622 8.19% 18,714

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 2.99% 10,299 8.20% 12,668 9.03% 15,411 8.39% 18,990CRISIL 10 year Gilt Index (Additional Benchmark) -3.55% 9,645 5.83% 11,854 5.25% 12,921 5.94% 15,830Axis Regular Saver Fund£ - Direct Plan - Growth #

04-Jan-137.77% 10,777 8.21% 12,672 10.86% 16,757 10.29% 17,111

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 2.99% 10,299 8.20% 12,668 9.03% 15,411 8.90% 15,959CRISIL 10 year Gilt Index (Additional Benchmark) -3.55% 9,645 5.83% 11,854 5.25% 12,921 5.88% 13,680Axis Childrens Gift Fund - Compulsory Lock-in - Regular Plan - Growth@

08-Dec-1510.30% 11,030 - - - - 9.63% 12,652

50% Nifty 50 + 50% Crisil Composite Bond Fund Index (Benchmark) 7.65% 10,765 - - - - 11.29% 13,150Nifty 50 (Additional Benchmark) 14.09% 11,409 - - - - 15.30% 14,394Axis Childrens Gift Fund - Compulsory Lock-in - Direct Plan - Growth@

08-Dec-1512.08% 11,208 - - - - 11.39% 13,178

50% Nifty 50 + 50% Crisil Composite Bond Fund Index (Benchmark) 7.65% 10,765 - - - - 11.29% 13,150Nifty 50 (Additional Benchmark) 14.09% 11,409 - - - - 15.30% 14,394Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth@

08-Dec-1510.31% 11,031 - - - - 9.63% 12,651

50% Nifty 50 + 50% CRISIL Composite Bond Fund Index (Benchmark) 7.65% 10,765 - - - - 11.29% 13,150Nifty 50 (Additional Benchmark) 14.09% 11,409 - - - - 15.30% 14,394Axis Childrens Gift Fund - No Lock-in - Direct Plan - Growth@

08-Dec-1512.32% 11,232 - - - - 11.74% 13,285

50% Nifty 50 + 50% CRISIL Composite Bond Fund Index (Benchmark) 7.65% 10,765 - - - - 11.29% 13,150Nifty 50 (Additional Benchmark) 14.09% 11,409 - - - - 15.30% 14,394

FUNDS MANAGED BY ADITYA PAGARIA (TOTAL SCHEMES MANAGED : 4 SCHEMES)Axis Liquid Fund - Growth

09-Oct-096.97% 10,697 7.32% 12,362 8.04% 14,726 7.98% 19,547

Crisil Liquid Fund Index (Benchmark) 7.01% 10,701 7.25% 12,338 8.03% 14,719 7.64% 19,010Crisil 1 Year T-Bill Index (Additional Benchmark) 5.80% 10,580 6.66% 12,135 6.89% 13,953 6.46% 17,276Axis Liquid Fund - Direct Plan - Growth

31-Dec-127.03% 10,703 7.39% 12,387 8.12% 14,776 8.18% 15,412

Crisil Liquid Fund Index (Benchmark) 7.01% 10,701 7.25% 12,338 8.03% 14,719 8.06% 15,312Crisil 1 Year T-Bill Index (Additional Benchmark) 5.80% 10,580 6.66% 12,135 6.89% 13,953 7.02% 14,518Axis Liquid Fund - Retail Plan - Growth

01-Mar-106.35% 10,635 6.74% 12,162 7.48% 14,344 7.68% 18,532

Crisil Liquid Fund Index (Benchmark) 7.01% 10,701 7.25% 12,338 8.03% 14,719 7.86% 18,797Crisil 1 Year T-Bill Index (Additional Benchmark) 5.80% 10,580 6.66% 12,135 6.89% 13,953 6.65% 17,104Axis Treasury Advantage Fund - Growth

09-Octr-096.36% 10,636 7.40% 12,390 8.04% 14,724 8.03% 19,628

Crisil Liquid Fund Index (Benchmark) 6.99% 10,699 7.25% 12,335 8.02% 14,716 7.64% 19,006Crisil 1 Year T-Bill Index (Additional Benchmark) 5.78% 10,578 6.66% 12,133 6.88% 13,951 6.46% 17,272

ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 29th June 2018)

32

1 Year 3 Years 5 Years Since Inception

Date of inception CAGR (%) CurrentValue of


CAGR (%) CurrentValue of


CAGR (%)

CurrentValue of


CAGR (%) Current

Value Of

Investment

Of ` 10,000

Was Invested On

Inception DateAxis Treasury Advantage Fund - Direct Plan - Growth

01-Jan-136.97% 10,697 7.90% 12,563 8.53% 15,067 8.60% 15,735

Crisil Liquid Fund Index (Benchmark) 6.99% 10,699 7.25% 12,335 8.02% 14,716 8.06% 15,306Crisil 1 Year T-Bill Index (Additional Benchmark) 5.78% 10,578 6.66% 12,133 6.88% 13,951 7.01% 14,509Axis Treasury Advantage Fund - Retail Plan - Growth

03-Mar-105.94% 10,594 6.84% 12,194 7.39% 14,289 7.57% 18,368

Crisil Liquid Fund Index (Benchmark) 6.99% 10,699 7.25% 12,335 8.02% 14,716 7.86% 18,782Crisil 1 Year T-Bill Index (Additional Benchmark) 5.78% 10,578 6.66% 12,133 6.88% 13,951 6.65% 17,098Axis Banking & PSU Debt Fund - Growth

08-Jun-125.89% 10,589 7.38% 12,380 8.03% 14,717 8.22% 16,137

Crisil Short Term Bond Fund Index (Benchmark) 4.63% 10,463 7.46% 12,411 8.14% 14,795 8.34% 16,252Crisil 1 Year T-Bill Index (Additional Benchmark) 5.78% 10,578 6.66% 12,133 6.88% 13,951 7.07% 15,131Axis Banking & PSU Debt Fund - Direct Plan - Growth

01-Jan-136.14% 10,614 7.58% 12,452 8.23% 14,860 8.29% 15,488

Crisil Short Term Bond Fund Index (Benchmark) 4.63% 10,463 7.46% 12,411 8.14% 14,795 8.25% 15,459Crisil 1 Year T-Bill Index (Additional Benchmark) 5.78% 10,578 6.66% 12,133 6.88% 13,951 7.01% 14,509

FUNDS MANAGED BY ANUPAM TIWARI (TOTAL SCHEMES MANAGED : 6 SCHEMES) Axis Equity Saver Fund - Growth@

14-Aug-159.01% 10,901 - - - - 7.22% 12,220

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 2.99% 10,299 - - - - 7.81% 12,414Nifty 50 (Additional Benchmark) 14.09% 11,409 - - - - 9.67% 13,042Axis Equity Saver Fund - Direct Plan - Growth @

14-Aug-1510.37% 11,037 - - - - 8.54% 12,660

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 2.99% 10,299 - - - - 7.81% 12,414Nifty 50 (Additional Benchmark) 14.09% 11,409 - - - - 9.67% 13,042Axis Small Cap Fund - Growth@@

29-Nov-134.13% 10,413 11.19% 13,747 - - 23.42% 26,230

Nifty Smallcap 100 (Benchmark) -1.01% 9,899 11.50% 13,860 - - 20.56% 23,562Nifty 50 (Additional Benchmark) 14.09% 11,409 10.00% 13,309 - - 14.18% 18,361Axis Small Cap Fund - Direct Plan - Growth@@

29-Nov-135.30% 10,530 12.41% 14,205 - - 24.79% 27,600

Nifty Smallcap 100 (Benchmark) -1.01% 9,899 11.50% 13,860 - - 20.56% 23,562Nifty 50 (Additional Benchmark) 14.09% 11,409 10.00% 13,309 - - 14.18% 18,361

TOP 3 FUNDS MANAGED BY ASHWIN PATNI (TOTAL SCHEMES MANAGED : 13 SCHEMES) Axis Hybrid Fund - Series 23 - Growth@@

28-May-159.13% 10,913 5.50% 11,743 - - 5.35% 11,746

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 2.99% 10,299 8.20% 12,668 - - 7.95% 12,666CRISIL 1 Year T-Bill (Additional Benchmark) 5.78% 10,578 6.66% 12,133 - - 6.71% 12,222Axis Hybrid Fund - Series 23 - Direct Plan - Growth@@

28-May-1510.67% 11,067 6.86% 12,201 - - 6.69% 12,217

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 2.99% 10,299 8.20% 12,668 - - 7.95% 12,666CRISIL 1 Year T-Bill (Additional Benchmark) 5.78% 10,578 6.66% 12,133 - - 6.71% 12,222Axis Hybrid Fund - Series 24 - Growth@@

17-Jun-159.12% 10,912 5.63% 11,787 - - 5.91% 11,903


17-Jun-1510.66% 11,066 6.99% 12,248 - - 7.27% 12,374


11-May-159.01% 10,901 5.57% 11,767 - - 5.07% 11,680


11-May-1510.55% 11,055 6.93% 12,227 - - 6.42% 12,154

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 2.99% 10,299 8.20% 12,668 - - 8.06% 12,752CRISIL 1 Year T-Bill (Additional Benchmark) 5.78% 10,578 6.66% 12,133 - - 6.75% 12,275

BOTTOM 3 FUNDS MANAGED BY ASHWIN PATNI (TOTAL SCHEMES MANAGED : 13 SCHEMES) Axis Hybrid Fund - Series 6 - Growth@@

16-Aug-132.27% 10,227 0.34% 10,102 - - 5.89% 13,216


16-Aug-133.30% 10,330 1.32% 10,402 - - 6.92% 13,856


05-Sep-132.17% 10,217 0.58% 10,176 - - 5.95% 13,211


25-Jul-131.98% 10,198 0.02% 10,007 - - 5.15% 12,808


25-Jul-133.01% 10,301 1.00% 10,304 - - 6.16% 13,431


TOP 3 FUNDS MANAGED BY DEVANG SHAH (TOTAL SCHEMES MANAGED : 32 SCHEMES)Axis Hybrid Fund - Series 23 - Growth@@

28-May-159.13% 10,913 5.50% 11,743 - - 5.35% 11,746


28-May-1510.67% 11,067 6.86% 12,201 - - 6.69% 12,217


17-Jun-159.12% 10,912 5.63% 11,787 - - 5.91% 11,903


17-Jun-1510.66% 11,066 6.99% 12,248 - - 7.27% 12,374


11-May-159.01% 10,901 5.57% 11,767 - - 5.07% 11,680


11-May-1510.55% 11,055 6.93% 12,227 - - 6.42% 12,154


BOTTOM 3 FUNDS MANAGED BY DEVANG SHAH (TOTAL SCHEMES MANAGED : 32 SCHEMES)Axis Hybrid Fund - Series 5 - Growth@@

25-Jul-131.98% 10,198 0.02% 10,007 - - 5.15% 12,808


25-Jul-133.01% 10,301 1.00% 10,304 - - 6.16% 13,431

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 2.99% 10,299 8.20% 12,668 - - 9.89% 15,920CRISIL 1 Year T-Bill (Additional Benchmark) 5.78% 10,578 6.66% 12,133 - - 7.39% 14,211Axis Dynamic Bond Fund - Growth@

27-Apr-111.19% 10,119 7.20% 12,320 7.19% 14,159 8.17% 17,566

CRISIL Composite Bond Fund Index (Benchmark) 1.30% 10,130 7.56% 12,443 7.65% 14,459 8.16% 17,559CRISIL 10 Year Gilt Index (Additional Benchmark) -3.55% 9,645 5.83% 11,854 5.25% 12,921 6.28% 15,487Axis Dynamic Bond Fund - Direct Plan - Growth@

01-Jan-132.09% 10,209 8.25% 12,686 8.42% 14,985 8.97% 16,033

CRISIL Composite Bond Fund Index (Benchmark) 1.30% 10,130 7.56% 12,443 7.65% 14,459 7.98% 15,245CRISIL 10 Year Gilt Index (Additional Benchmark) -3.55% 9,645 5.83% 11,854 5.25% 12,921 5.96% 13,745Axis Gilt Fund - Growth

23-Jan-12-1.76% 9,824 6.14% 11,958 5.57% 13,117 6.29% 14,811

CRISIL 10 Year Gilt Index (Benchmark) -3.55% 9,645 5.83% 11,854 5.25% 12,921 6.30% 14,813Axis Gilt Fund - Direct Plan - Growth

01-JAN-13-1.24% 9,876 6.70% 12,146 6.08% 13,438 6.67% 14,261

CRISIL 10 Year Gilt Index (Benchmark) -3.55% 9,645 5.83% 11,854 5.25% 12,921 5.96% 13,745

ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 29th June 2018)

33

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. The performance of the schemes are benchmarked to the Total Return variant of the Benchmark Index (TRI) in terms of SEBI circular dated Jan. 4, 18.

34

Weighted Average Expense Ratio for the MonthScheme - Regular Plan / Retail Plan / Direct Plan : Axis Hybrid Fund - Series 5: 2.64% / 1.64%, Axis Hybrid Fund - Series 6: 2.64% / 1.64%, Axis Hybrid Fund - Series 7: 2.64% / -, Axis Hybrid Fund - Series 18 : 2.31% / 1.07%, Axis Hybrid Fund - Series 19 : 2.43% / 1.19%, Axis Hybrid Fund - Series 22 : 2.37% / 0.97%, Axis Hybrid Fund - Series 23 : 2.40% /1.00%, Axis Hybrid Fund - Series 24 : 2.34% / 0.94%, Axis Hybrid Fund - Series 25 : 2.51% / 1.10%, Axis Hybrid Fund - Series 26 : 2.48% / 1.07%, Axis Hybrid Fund - Series 27 : 2.44% / 1.03%, Axis Hybrid Fund - Series 28 : 2.45% / 1.05%, Axis Hybrid Fund - Series 29 : 2.62% / 1.21%, Axis Hybrid Fund - Series 30 : 2.55% / 1.15%, Axis Hybrid Fund - Series 31 : 2.46% / 0.92%, Axis Hybrid Fund - Series 32 : 2.42% / 0.89%, Axis Hybrid Fund - Series 33 : 2.43% / 0.89%, Axis Hybrid Fund - Series 35 : 2.49% / 0.96%, Axis Liquid Fund : 0.16% / 0.75%, 0.11%, Axis Treasury Advantage Fund : 0.78% / 0.78/ 0.25%, Axis Banking & PSU Debt Fund : 0.58% / 0.29%, Axis Short Term Fund : 0.99% / 0.99/ 0.28%, Axis Dynamic Bond Fund : 1.52% / 0.63%, Axis Gilt Fund£ : 0.75% / 0.22%, Axis Strategic Bond Fund£ : 1.17% / 0.57%, Axis Gold ETF : 1.11% /-, Axis Nifty ETF: 0.07% / -, Axis Gold Fund* :1.15% / 0.15%, Axis Credit Risk Fund*£ : 1.70% / 0.69%, Axis Arbitrage Fund£ : 1.11% / 0.28%, Axis Corporate Debt Fund£ : 1.16% / 0.28%, Axis Regular Saver*£ : 2.64% / 1.50%, Axis Long Term Equity Fund*: 2.21% / 1.24%, Axis Focused 25 Fund* : 2.43% / 1.34%, Axis Bluechip Fund*£ : 2.41% / 0.96%, Axis Triple Advantage Fund* : 2.50% / 1.30%, Axis Midcap Fund*: 2.50% / 1.40%, Axis Equity Saver Fund* : 2.76% / 1.75%, Axis Small Cap Fund : 2.71% / 1.58%, Axis Children’s Gift Fund* : 2.86% / 1.09%, Axis Dynamic Equity Fund* : 2.38% / 0.81%, Axis Multi Cap Fund* : 2.39% / 0.82%, Axis Capital Protection Oriented Fund -Series 5: 2.64% / -, Axis Emerging Opportunities Fund - Series 1: 2.61% / 1.07%, Axis Emerging Opportunities Fund - Series 2: 2.34% / 0.81%, Axis Equity Advantage - 1 Fund* : 2.42% / 0.95%, Axis Equity Advan-tage - 2 Fund : 2.93% / 1.04%, Capital Builder -1: 2.68% / 1.21%, Axis Fixed Maturity Plan - Series 64 : 0.57% / 0.05%, Axis Fixed Maturity Plan - Series 92 : 0.21% / 0.14%, Axis Fixed Maturity Plan - Series 93 : 0.16% / 0.11%, Axis Fixed Maturity Plan - Series 94 : 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£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..

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 Trea-sury 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 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 Smallcap 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.

Ashwin Patni is managing Axis Arbitrage Fund, Axis Capital Protection Oriented Fund – Series 5 and all Axis Hybrid Funds since 27th April, 2015 (since inception date for Axis Hybrid Funds launched after 27th April, 2015) and Axis Equity Advantage Fund - Series 1 since 25th May, 2017, Axis Equity Advantage Fund - Series 2 since inception, Axis Dynamic Equity Fund since inception.

Devang 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.

Aditya Pagaria is managing 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.

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.

@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.$ Rating Details (Axis Short Term Fund & Axis Banking & PSU Debt Fund) Schemes with this rating are considered to have the highest degree of safety regarding timely receipt of payments from the investments that they have made. This rating should however, not be construed as an indication of the performance of the Mutual Fund scheme or of volatility in its returns. The rating should not be treated as a recommendation to buy, sell or hold units issued by the Mutual Fund.^ Rating Details (Axis Treasury Advantage Fund and Axis Liquid Fund)Schemes with this rating are considered to have very strong degree of safety regarding timely receipt of payments from the investments that they have made. This rating should however, not be construed as an indication of the performance of the Mutual Fund scheme or of volatility in its returns. The rating should not be treated as a recommendation to buy, sell or hold units issued by the Mutual Fund.

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.

35

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 years 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 instruments

AXIS 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 funds

AXIS 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 instruments

AXIS 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 error

AXIS 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 error

AXIS 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 instruments

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)) 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 allocation

AXIS NIFTY ETF FUND (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 Index

AXIS 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 instruments

AXIS 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 debt

AXIS 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 liquidity

AXIS 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 instruments

AXIS 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 instruments

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

Riskometer

Investors understand that their principal will beat moderately high risk

LOW HIGH

Moderate ModeratelyHighModerately

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 low risk

LOW HIGH


Low

HighLow

Riskometer

Investors understand that their principal will beat low risk

LOW HIGH


Low

HighLow

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

MONTHLY FACTSHEET - JUNE 2018 Factsheet June 2018.pdf · Fixed Income Outlook 12 Axis Liquid Fund...

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Transcript of MONTHLY FACTSHEET - JUNE 2018 Factsheet June 2018.pdf · Fixed Income Outlook 12 Axis Liquid Fund...