Mutual Funds Investment Planning - Mutual Funds Online ... Factsheet March 2019.pdfequity markets...

I N D E X

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Equity Funds

Debt Funds

Hybrid Funds

6

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

Axis Arbitrage Fund 36

Fixed Income Outlook 15Axis Liquid Fund 16

Axis Dynamic Bond Fund 20

Axis Strategic Bond Fund 22Axis Credit Risk Fund 23

Axis Banking & PSU Debt Fund 25

Axis Equity Saver Fund 28

Axis Regular Saver Fund 33

Axis Children’s Gift Fund 34Axis Triple Advantage Fund 35

Axis Treasury Advantage Fund 18Axis Short Term Fund 19

Axis Gilt Fund 24

Tax Reckoner 2

Axis Corporate Debt Fund 21

Axis Dynamic Equity Fund 30

Hybrid Outlook 26

Axis Multicap Fund 12

Axis Ultra Short Term Fund 17

Axis Equity Hybrid Fund 32

Axis Small Cap Fund 13Axis Growth Opportunities Fund 14

I N D E X

NAV’s

Load Structure And Minimum Investment Amount

Annexure

Expense Ratios

Product Labeling

39

41

42

44

45

37SIP Performance Of Selected Schemes

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

Instrument Type/Issuer Name Industry % OF NAV

EQUITY 81.84%

HDFC Bank Limited Banks 9.55%

Bajaj Finance Limited Finance 8.41%

Kotak Mahindra Bank Limited Banks 7.64%

Tata Consultancy Services Limited Software 7.61%

Infosys Limited Software 7.03%

ICICI Bank Limited Banks 4.46%

Avenue Supermarts Limited Retailing 4.07%

Hindustan Unilever Limited Consumer Non Durables 3.30%

Maruti Suzuki India Limited Auto 3.24%

Titan Company Limited Consumer Durables 3.13%

HDFC Limited Finance 3.10%

Asian Paints Limited Consumer Non Durables 2.88%

Bajaj Finserv Limited Finance 2.68%

Nestle India Limited Consumer Non Durables 2.60%

Pidilite Industries Limited Chemicals 2.55%

Bandhan Bank Limited Banks 2.29%

Reliance Industries Limited Petroleum Products 2.04%

Divi's Laboratories Limited Pharmaceuticals 1.80%

Larsen & Toubro Limited Construction Project 1.65%

Wipro Limited Software 1.29%

Britannia Industries Limited Consumer Non Durables 0.51%

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

DEBT, CASH & OTHER CURRENT ASSETS 17.91%

GRAND TOTAL 100.00%

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

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

PORTFOLIO

Financial Services 38.13Consumer Goods 16.49

IT 15.93Automobile 3.24Chemicals 2.55Energy 2.04

Pharma 1.80

Construction 1.65

Cement & Cement Products

0.25

DATE OF ALLOTMENT

5thMONTHLY AVERAGE

4,123.46 January 2010

Cr.

AS ON 28th FEBRUARY’19

4,220.99 Cr.

BENCHMARK

Nifty 50

STATISTICAL MEASURES(3 YEARS)

Standard Deviation - 12.61%

Beta - 0.89

Sharpe Ratio** - 0.84

PORTFOLIOFUND MANAGER

Mr. ShreyashTURNOVER* (1 YEAR)

1.55 times DevalkarWork experience: 17 years. He

has been managing this fund since 23rd November 2016

SECTORALLOCATION

(%)

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

ENTRY & EXIT LOAD

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

PERFORMANCE (as on 28th February 2019)

Regular Plan Direct Plan

Options Record Date

Dividend (` Per unit) NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

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

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

DIVIDENDS

Period 1 Year 3 Years 5 Years Since Inception

CAGR (%)

Current Value of

Investment of` 10,000/-

CAGR (%)

Current Value of

Investment of`. 10,000/-

CAGR (%)

Current Value of


CAGR (%)

Current Value of

Investment of ` 10,000

Date of inception

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

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

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

FACTSHEETFEBRUARY 2019

8

6

EQUITYM A R C H 2 0 1 9

2.9%

-0.4%

11.4%

QUICK TAKE

KEY HIGHLIGHTS

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

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

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

MARKETS

CORPORATE

GLOBAL

Volatility continued to define the markets as rising geo-political tensions and the threat of war kept markets on their toes. The S&P BSE Sensex and NIFTY 50 ended the month down 1% and 0.3% respectively. The market continued to remain narrow with a handful of stocks driving markets. Broader market indices continued to see negativity with the NIFTY Midcap & NIFTY Smallcap 100 indexes down 1.1% and 3.2% respectively

The December corporate earnings season for both NIFTY 50 companies and the broader universe was in line with market expectations, with domestic cyclicals led by financials picking up the baton from global cyclicals as the driver of earnings growth. Corporate Banks, IT and Consumer delivered a strong performance, while Autos and Cement disappointed. Top-line growth for was at a multi-quarter high on the back of growth traction in the economy. However, this failed to translate into EBITDA growth on the back of cost pressures.

Corporate Banks showed a material sequential improvement in the slippage/asset quality trends. This provides good visibility on the earnings outlook, as the signs of a fading NPA cycle show profitability returning materially to the sector. The NBFC universe delivered an in-line performance, but saw some moderation in the growth estimates owing to the prevailing stress in the liquidity and cost of funds environment. Disbursement growth moderated on expected lines.

India Q3 GDP print came in at 6.6% lower than market estimates dragged by agriculture and public spending. In an attempt to maintain the fiscal deficit projections, government spending slowed to a trickle further dragging GDP growth. Manufacturing and construction remained strong drivers despite high base effects as is evident in private corporate earnings mentioned above. Gross fixed capital formation registered a double digit growth for the 5th consecutive quarter at 10.6%

Consumer price inflation eased further to 2.05% in January V/s 2.2% in December. Benign food inflation remained a key factor in the low inflation. The RBI reduced key rates and changed its stance to ‘neutral’ citing benign inflation and improving growth numbers. Brent crude ended the month at US$66/barrel as co-ordinated normalization in supply drove prices to OPEC ‘acceptable levels’. The India crude basket followed suit and ended the month at US$65.3/barrel. INR remained stable against the greenback to end the month at Rs 70.85/$.

On the global front, the EM trade is widely understood to have entered a new phase as the DM trade is widely believed to have played out as risk expectations peak. As the US rate cycle looks to have peaked, incremental exposure to EMs may spur equity markets. The US corporate earnings cycle has been largely positive leading to the sharp outperformance of US equity in the last quarter. While US earnings are likely to remain buoyant other markets are fairly priced. Our exposure to global markets have been well calculated given domestic uncertainty. The exposure has provided necessary cushion to an otherwise volatile domestic market, thus stressing the need for overseas diversification.

The true test of any portfolio is in times of market uncertainty. Our focus has remained on alpha generation and fundamentals of our investee companies. Amidst heightened volatility, we believe our portfolios have remained relatively sheltered as we have effectively managed our exposure to high beta and at times taken cash calls in select portfolios. Our focus continues to remain on quality as we are cautiously optimistic on markets over the medium term. The markets have seen bouts of volatility over the last few months and currently offer reasonable valuations in select pockets.

Knee jerk reactions to news events are likely to remain part and parcel of equity markets for the next few quarters. Hence, Investors are advised to deploy funds in a phased manner. Systematic investments into equity products could also help investors ride out short term volatility.

Investors

•

•

•

Do not Panic - Corrections are healthy.

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

Be fearful when others are greedy.

Distributors

•

•

•

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

Effective Portfolio Management Key.

Investors trust you. Be Responsible!

RESPONSIBLE INVESTING – TIP FOR THE MONTH

7

Source: Bloomberg, Axis MF Research.



EQUITY 88.32%




















UltraTech Cement Limited Cement 1.12%



GRAND TOTAL 100.00%

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

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

FACTSHEETMARCH 2019

8

PORTFOLIO

Financial Services 43.59 Consumer Goods 16.71

IT 13.49 Construction 3.48 Energy 3.26 Automobile 3.13 Chemicals 2.52

Pharma 1.76


1.12

DATE OF ALLOTMENT

5thJanuary 2010

MONTHLY AVERAGE

4,517.43 Cr.

AS ON 31st MARCH’19

4,802.16 Cr.

BENCHMARK

Nifty 50



Beta - 0.89


FUND MANAGER

Mr. ShreyashDevalkar

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

23rd November 2016

SECTORALLOCATION

(%)

8

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

ENTRY & EXIT LOAD

**Risk-free rate assumed to be 8.80% (MIBOR as on 29-03-19) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Data as on 29th MARCH 2019.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. TREPS/ Repo/FD/Margin FD/MFU/SLB are not considered. ̂ Based on equity and equity derivatives transactions only. TREPs/REPO/FD/Margin FD/MFU/SLB/fixed income securities are not considered

PERFORMANCE (as on 29th March 2019)


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

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

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

DIVIDENDS


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Bluechip Fund - Growth 14.49% 11,449 15.78% 15,510 14.28% 19,483 11.92% 28,29005-Jan-10Nifty 50 (Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 10.26% 24,642

S&P BSE Sensex (Additional Benchmark) 18.71% 11,871 16.64% 15,857 13.12% 18,518 10.42% 24,966Axis Bluechip Fund - Direct Plan -Growth 16.10% 11,610 17.25% 16,104 15.68% 20,708 15.80% 24,975

01-Jan-13Nifty 50 (Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 12.71% 21,104S&P BSE Sensex (Additional Benchmark) 18.71% 11,871 16.64% 15,857 13.12% 18,518 13.08% 21,542Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated at `10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Shreyash Devalkar is managing the scheme since 23rd November 2016 and he manages 5 schemes of Axis Mutual Fund. Please refer to annexure on Page 42 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).

PORTFOLIOTURNOVER (1 YEAR)

1.22 times*

0.71 times^


Financial Services

45.31

IT 11.53 Consumer

Goods10.19

Industrial Manufacturing

9.16

Automobile 8.28

Chemicals 5.36

DATE OF ALLOTMENT

29th June 2012MONTHLY AVERAGE

7,004.26 Cr.


7,189.83 Cr.

BENCHMARK

Nifty 50



Beta - 1.00


FUND MANAGER

Mr. Jinesh Gopani Work experience:17 years.

He has been managing this fund since 07th June 2016

SECTORALLOCATION

(%)

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

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

9

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

**Risk-free rate assumed to be 8.80% (MIBOR as on 29-03-19) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years.Data as on 29th MARCH 2019.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. TREPS/Reverse Repo/Net current assets/ Repo/FD/Margin FD/MFU/SLB are not considered. ̂ Based on equity and equity derivatives transactions only. TREPs/REPO/FD/Margin FD/MFU/SLB/fixed income securities are not considered



CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Focused 25 Fund - Growth 7.73% 10,773 17.06% 16,026 16.49% 21,440 15.91% 27,10029-Jun-12Nifty 50 (Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 13.78% 23,910

S&P BSE 200 (Additional Benchmark) 12.06% 11,206 16.11% 15,641 14.39% 19,576 14.67% 25,191Axis Focused 25 Fund - Direct Plan - Growth 9.08% 10,908 18.48% 16,617 17.99% 22,854 15.86% 25,069

01-Jan-13Nifty 50 (Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 12.71% 21,104S&P BSE 200 (Additional Benchmark) 12.06% 11,206 16.11% 15,641 14.39% 19,576 13.35% 21,855Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated at `10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Jinesh Gopani is managing the scheme since 7th June 2016 and he manages 5 schemes of Axis Mutual Fund. Please refer to annexure on Page 42 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).

PORTFOLIO


EQUITY 89.85%











Supreme Industries Limited Industrial Products 4.65%

Info Edge (India) Limited Software 3.92%



Cummins India Limited Industrial Products 3.06%

Gruh Finance Limited Finance 2.28%

WABCO India Limited Auto Ancillaries 1.84%

V-Guard Industries Limited Consumer Durables 1.45%

Endurance Technologies Limited Auto Ancillaries 1.34%


GRAND TOTAL 100.00%

ENTRY & EXIT LOAD

FACTSHEETMARCH 2019


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

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

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

DIVIDENDS


1.28 times*

0.92 times^


Financial Services 29.88 Consumer Goods 16.21 Industrial

Manufacturing11.35

Pharma 8.81 IT 6.46

Automobile 5.92


3.71

Energy 1.94

Construction 1.67 Fertilisers &

Pesticides1.02

Services 0.92

DATE OF ALLOTMENT

18th February 2011

MONTHLY AVERAGE

2,076.15 Cr.


2,198.76 Cr.

BENCHMARK

S&P BSE Midcap



Beta - 0.73


FUND MANAGER

Mr. Shreyash Devalkar

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

23rd November 2016

SECTORALLOCATION

(%)

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

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

10

Entry Load : NAExit Load : If redeemed / switched-out within 12 months from the date of allotment, For 10 % of investments: Nil, For remaining investments: 1%, If redeemed / switched - out after 12 months from the date of allotment:NIL**Risk-free rate assumed to be 8.80% (MIBOR as on 29-03-19) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Data as on 29th MARCH 2019.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. TREPS/Reverse Repo/Net current assets/ Repo/FD/Margin FD/MFU/SLB are not considered. ̂ Based on equity and equity derivatives transactions only. TREPs/REPO/FD/Margin FD/MFU/SLB/fixed income securities are not considered


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

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

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


DIVIDENDS



CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Midcap Fund - Growth 9.08% 10,908 16.47% 15,787 19.01% 23,866 17.27% 36,42018-Feb-11S&P BSE Midcap (Benchmark) -2.07% 9,793 14.58% 15,030 18.29% 23,146 12.44% 25,887

Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 11.14% 23,557Axis Midcap Fund - Direct Plan - Growth 10.33% 11,033 17.80% 16,333 20.53% 25,422 18.36% 28,634

01-Jan-13S&P BSE Midcap (Benchmark) -2.07% 9,793 14.58% 15,030 18.29% 23,146 14.50% 23,280Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 12.71% 21,104Past 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 42 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).

PORTFOLIO


EQUITY 87.62%

City Union Bank Limited Banks 5.54%





ACC Limited Cement 3.71%

Torrent Pharmaceuticals Limited Pharmaceuticals 3.68%


Astral Poly Technik Limited Industrial Products 3.51%


Bata India Limited Consumer Durables 3.00%


Mahindra & Mahindra Financial Services Limited Finance 2.89%

Sundaram Finance Limited Finance 2.46%


RBL Bank Limited Banks 2.34%

Sanofi India Limited Pharmaceuticals 2.23%

Aditya Birla Fashion and Retail Limited Retailing 2.20%

Cholamandalam Investment and Finance Company Limited Finance 2.03%

Indraprastha Gas Limited Gas 1.94%

Kansai Nerolac Paints Limited Consumer Non Durables 1.85%

Berger Paints (I) Limited Consumer Non Durables 1.84%

MphasiS Limited Software 1.79%

Max Financial Services Limited Finance 1.76%


Voltas Limited Consumer Durables 1.67%

Trent Limited Retailing 1.63%


TTK Prestige Limited Consumer Durables 1.39%

Schaeffler India Limited Industrial Products 1.34%

SKF India Limited Industrial Products 1.31%


PI Industries Limited Pesticides 1.02%

Quess Corp Limited Services 0.92%

Balkrishna Industries Limited Auto Ancillaries 0.91%



GRAND TOTAL 100.00%

ENTRY & EXIT LOAD

FACTSHEETMARCH 2019


0.62 times*

0.48 times^


Financial Services 40.90 Consumer Goods 12.75 IT 11.34 Automobile 11.25 Chemicals 7.21 Energy 3.98 Industrial Manufacturing 3.74 Pharma 1.65 Construction 1.32 Services 0.38

DATE OF ALLOTMENT

29th December 2009

MONTHLY AVERAGE

18,164.71Cr.


18,851.87 Cr.

BENCHMARK

S&P BSE 200


Standard Deviation

- 13.34%

Beta - 0.97



0.69 times*

0.57 times^

FUND MANAGER

Mr. Jinesh Gopani Work experience: 17 years.

He has been managing this fund since 1st April 2011

SECTORALLOCATION

(%)

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

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

11

Entry Load : NA Exit Load : NIL

**Risk-free rate assumed to be 8.80% (MIBOR as on 29-03-19) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Data as on 29th MARCH 2019.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. TREPS/Reverse Repo/Net current assets/ Repo/FD/Margin FD/MFU/SLB are not considered. ̂ Based on equity and equity derivatives transactions only. TREPs/REPO/FD/Margin FD/MFU/SLB/fixed income securities are not considered



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

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

Regular Dividend

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


DIVIDENDS


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of Investment of `

10,000

Date of inception

Axis Long Term Equity Fund - Growth 8.50% 10,850 14.49% 14,994 17.96% 22,827 17.30% 43,76229-Dec-09S&P BSE 200 (Benchmark) 12.06% 11,206 16.11% 15,641 14.39% 19,576 10.73% 25,684

Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 10.44% 25,069Axis Long Term Equity Fund - Direct Plan - Growth 9.59% 10,959 15.72% 15,484 19.34% 24,193 20.18% 31,499

01-Jan-13S&P BSE 200 (Benchmark) 12.06% 11,206 16.11% 15,641 14.39% 19,576 13.35% 21,855Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 12.71% 21,104Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Jinesh Gopani is managing the scheme since 1st April 2011and he manages 5 schemes of Axis Mutual Fund. Please refer to annexure on Page 42 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).

PORTFOLIO


EQUITY 93.83%










Torrent Power Limited Power 3.98%







Symphony Limited Consumer Durables 2.01%

Motherson Sumi Systems Limited Auto Ancillaries 1.82%







Eicher Motors Limited Auto 1.00%

Multi Commodity Exchange of India Limited Finance 0.71%

Mas Financial Services Limited Finance 0.61%


Varroc Engineering Limited Auto Ancillaries 0.53%



GRAND TOTAL 100.00%

ENTRY & EXIT LOAD

FACTSHEETMARCH 2019


MONTHLY AVERAGE

3,173.88 Cr.


3,298.54 Cr.

BENCHMARK

Nifty 500 Index

SECTORALLOCATION

(%)

AXIS MULTICAP FUND

12

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

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

Mr. Shreyash Devalkar Work experience: 17 years.

He has been managing this fund since inception.

FUND MANAGER

DATE OF ALLOTMENT

20th November 2017

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

PORTFOLIO


EQUITY 86.37%




















UltraTech Cement Limited Cement 1.08%






GRAND TOTAL 100.00%

Financial Services 41.45 Consumer Goods 17.03 IT 12.34 Automobile 3.31 Chemicals 3.18 Construction 2.90 Energy 2.07 Industrial Manufacturing 2.06 Pharma 1.91 Cement & Cement Products 1.08 Services 0.50



CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Multicap Fund - Regular Plan - Growth 12.92% 11,292 NA NA NA NA 9.67% 11,330 20-Nov-17Nifty 500 (Benchmark) 9.70% 10,970 NA NA NA NA 5.19% 10,708Nifty 50 (Additional Benchmark) 16.40% 11,640 NA NA NA NA 10.73% 11,480Axis Multicap Fund - Direct Plan - Growth 14.82% 11,482 NA NA NA NA 11.52% 11,590 20-Nov-17Nifty 500 (Benchmark) 9.70% 10,970 NA NA NA NA 5.19% 10,708Nifty 50 (Additional Benchmark) 16.40% 11,640 NA NA NA NA 10.73% 11,480Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. The performance data for 3 and 5 years period has not been provided, since scheme is in existence for less than 3 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Shreyash Devalkar is managing the scheme since 20th Nov 2017 and he manages 5 schemes of A xis Mutual Fund. Please refer to annexure on Page 42 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).

ENTRY & EXIT LOAD

PORTFOLIOTURNOVER* (1 YEAR)

1.14 times

FACTSHEETMARCH 2019


MONTHLY AVERAGE

267.79 Cr.


294.44 Cr.

BENCHMARK

Nifty Smallcap100

SECTORALLOCATION

(%)

AXIS SMALL CAP FUND*

13

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

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

FUND MANAGER

DATE OF ALLOTMENT

29th November 2013

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

PORTFOLIO


EQUITY 76.27%


TCNS Clothing Co. Limited Textile Products 5.65%

Mas Financial Services Limited Finance 4.88%

Vinati Organics Limited Chemicals 4.64%

Heidelberg Cement India Limited Cement 4.37%

Gulf Oil Lubricants India Limited Petroleum Products 4.17%

Fine Organic Industries Limited Chemicals 4.05%

Galaxy Surfactants Limited Chemicals 4.05%

Schaeffler India Limited Industrial Products 3.47%


Blue Star Limited Consumer Durables 2.98%

VST Industries Limited Consumer Non Durables 2.88%

Grindwell Norton Limited Industrial Products 2.68%

NIIT Technologies Limited Software 2.67%

SRF Limited Textile Products 2.61%

Chalet Hotels Limited Hotels, Resorts And Other Recreational Activities 2.36%

Can Fin Homes Limited Finance 2.01%

Orient Refractories Limited Industrial Products 1.93%

Aarti Industries Limited Chemicals 1.89%

Vesuvius India Limited Industrial Products 1.82%



JK Cement Limited Cement 1.16%

MM Forgings Limited Industrial Products 0.96%

CEAT Limited Auto Ancillaries 0.91%

Igarashi Motors India Limited Auto Ancillaries 0.85%

Ahluwalia Contracts (India) Limited Construction 0.70%



GRAND TOTAL 100.00%

Chemicals 14.63 Industrial Manufacturing 14.16 Financial Services 13.36 Textiles 8.26 Consumer Goods 7.61 Cement & Cement Products 5.53 Energy 4.17 Automobile 3.57 IT 2.67 Services 2.36 Construction 0.70



CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Small Cap Fund - Regular Plan - Growth

0.73% 10,073 13.25% 14,517 19.54% 24,395 21.01% 27,64029-Nov-13

Nifty Small Cap 100 (Benchmark) -13.48% 8,652 11.95% 14,023 13.69% 18,984 16.04% 22,102Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 13.98% 20,094Axis Small Cap Fund - Direct Plan - Growth 1.80% 10,180 14.49% 14,997 20.87% 25,787 22.36% 29,320 29-Nov-13Nifty Small Cap 100 (Benchmark) -13.48% 8,652 11.95% 14,023 13.69% 18,984 16.04% 22,102Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 13.98% 20,094Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Anupum Tiwari is managing the scheme since 29th Nov 2013 and he manages 7 schemes of A xis Mutual Fund. Please refer to annexure on Page 43 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).

ENTRY & EXIT LOAD


Standard Deviation

- 12.96%

Beta - 0.52


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


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Regular Dividend

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


DIVIDENDS

PORTFOLIOTURNOVER* (1 YEAR)

0.49 times

Mr. Anupam Tiwari Work experience: 13 years.

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

FACTSHEETMARCH 2019

**Risk-free rate assumed to be 8.80% (MIBOR as on 28-02-19) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Data as on 29th MARCH 2019.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. TREPS/Reverse Repo/Net current assets/ Repo/FD/Margin FD/MFU/SLB are not considered.


MONTHLY AVERAGE

686.55 Cr.


694.22 Cr.

BENCHMARK

S&P BSE 200

SECTORALLOCATION

(%)

AXIS GROWTH OPPORTUNITIES FUND

14

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

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

Mr. Jinesh Gopani Work experience: 17 years.


FUND MANAGER

DATE OF ALLOTMENT

22nd October2018

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

PORTFOLIO


EQUITY 93.58%

DOMESTIC EQUITIES 73.62%




Quess Corp Limited Services 4.02%














Kotak Mahindra Bank Limited Banks 2.17%Mahindra & Mahindra Financial Services Limited Finance 1.97%

Sanofi India Limited Pharmaceuticals 1.95%



Bata India Limited Consumer Durables 1.74%




INTERNATIONAL EQUITIES 19.96%

Alphabet Inc A Interactive Media & Services 1.99%

Nestle SA Packaged Foods & Meats 1.69%

Bank Of America Corp Diversified Banks 1.54%

JP Morgan Chase & Co Diversified Banks 1.33%

Comcast Corp-Class A Cable & Satellite 1.18%

Rockwell Automation Inc Electrical Components & Equipment 1.17%

Nutrien Limited Fertilizers & Agricultural Chemicals 1.16%

Adobe Inc Application Software 1.06%

Intel Corp Semiconductors 0.96%

Visa Inc Data Processing & Outsourced Services 0.93%

International Paper Co Paper Packaging 0.89%

Texas Instrs Inc Com Semiconductors 0.85%

Broadcom Inc Semiconductors 0.82%

Thermo Fisher Scientific Inc Life Sciences Tools & Services 0.82%

Autozone Inc Automotive Retail 0.63%

Deere And Co Ltd Agricultural & Farm Machinery 0.59%

Alibaba Group Holding Adr Internet & Direct Marketing Retail 0.58%

Booking Holdings Inc Internet & Direct Market-ing Retail 0.57%

Medtronic PLC Health Care Equipment 0.54%

Other International Equity (Less than 0.50% of the corpus)

Internet & Direct Market-ing Retail 0.66%

DEBT, CASH & OTHER CURRENT ASSETS

6.42%

GRAND TOTAL 100.00%

Financial Services 27.25

IT 18.96

Consumer Goods 13.76

Industrial Manufacturing 9.20

Automobile 6.52

Fertilisers & Pesticides 4.13

Services 4.02

Energy 3.99

Pharma 3.31

Chemicals 2.42

ENTRY & EXIT LOAD

Mr. Hitesh Das (for Foreign Securities)

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

inception.

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

FACTSHEETMARCH 2019

FIXEDINCOME

A P R I L 2 0 1 9

10 YEAR G-SEC YIELD

7.35%

QUICK TAKE

CPI Inflation : Last 1 year2.57%

4.28%

Repo : Last 1 year

6.00%

6.25%

10 yr G-Sec : Last 1 year

7.35%

7.33%

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

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

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

Key Market Events• 10 Year ends the financial year at 7.35% : The benchmark yield on the

10 Year G-Sec remained largely unchanged for the month as FPIs and domestic participation increased during the month in line with seasonal trends. The market will look forward to the upcoming RBI monetary policy for cues in the new financial year.RBI Swap – A New Tool in Liquidity Management : The RBI tested a currency swap mechanism as a probable tool for liquidity management considering the large dollar inflows on the back of improved investor sentiment and favorable markets conditions. Banks offered US$16.3 billion V/s an issue size of US$5 billion highlighting the surplus liquidity in the Fx markets. In turn the RBI infused roughly Rs 35,000 Cr in INR liquidity into the system. The secondary aim of the RBI – To reduce overseas hedging costs – was also met as the MIFOR and USDINR forwards drifted lower (since RBI’s announcement) effectively lowering the cost of hedging INR exposure.FY 19 Borrowing Calendar – In Line with Expectations : The government announced the borrowing calendar for the year. The front loaded structure of the borrowing schedule was largely in line with market expectations. The tenor distribution of bond issuance shows a skew towards long tenors. Concerns over the large supply may only exacerbate with recent trends of bonds purchases from commercial banks showing a decline – likely to make room for credit demand.CPI Inflation – A Much Awaited Trend Reversal : Retail Inflation in India rose for the first time in four months as the year-on-year fall in food prices eased. CPI inflation stood at 2.57 percent in February compared to a revised 1.97 percent in January 2019. The rise in the headline index in February was partly attributable to a rise in the year-on-year rate for food inflation. Brent crude ended the month at US$68.6/barrel as stronger global PMI and firmer china industrial data propped prices. Further supply Cuts by OPEC may also push prices higher. The India crude basket followed suit and ended the month at US$65.3/barrel.Currency – Resilient yet fairly valued : Currency has been a big positive over the last few quarters relative to the rest of the EM basket and several global currency pairs. The Indian currency over the last five years has been one of the best performing currencies despite global EM volatility and hence a strong incentive for international investors to invest in India. In spite of this currency strength, on a REER basis the INR continues to remain fairly valued.Global Round Up : A dovish Fed and a US recession risk dragged the US 10 year to 15 month lows during the month. Loose monetary policy was also implemented by the ECB and Japan on concerns over weaker

•

•

•

•

•

global growth. On the contrary, high frequency manufacturing and services indicators across the world however have seen a positive turn, most prominent amongst the pack is the Chinese PMI indicator that moved back into positive territory.

Over the last 18-24 months, the focus of the RBI has revolved around inflation targeting. The hike in interest rates 12 months ago addressed inflation concerns over the medium term. Fast forward to today, manageable inflation and waning growth parameters have prompted the RBI to re-focus on growth. High policy and repo rates have created a large wedge between them and the CPI inflation. We believe that this is a short term phenomenon which should correct over the next few quarters.The RBI’s Forex ‘Liquidity’ swap is new arrow in the quiver for liquidity management and is likely to be used in conjunction with OMO’s. The recent swap has led to some steepening of the curve. Our interpretation of this move is that FPI’s used the rupee liquidity to buy short term AAA corporate bonds. Mutual funds have also favored AAA corporate bonds of late given investor concerns over credit quality as a fallout of the NBFC and IL&FS sagas.We see the inflation wedge as a short term opportunity to add duration selectively to our portfolios given the current risk reward on the medium to long end of this curve. We also re-emphasize our view of credits. Given that the attention of market participants has been skewed towards the AAA segment in the short space, credits in the same space (1-3 years) offer significant opportunities.We have selectively added duration in our portfolios through long bonds. We have also added select 1-3 year AA credits across our portfolios in line with our credit view. As always, our prudent investment norms and strong risk mitigation framework form the bedrock of all our credit evaluation. The corporate bond spread in the short to medium tenor space also offers material opportunities for buy and hold investors and hence believe that investors should consider deploying funds in roll down strategies.

Market View

Investors

•

•

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

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

Distributors

•

•

•





15 Source: Bloomberg, Axis MF Research.


PORTFOLIORATING % Of NAV

COMMERCIAL PAPER 73.10%

NABARD CRISIL A1+/ICRA A1+/IND A1+ 6.75%

HDFC Limited ICRA A1+/CRISIL A1+ 5.79%Reliance Retail Ltd CRISIL A1+ 4.69%Export Import Bank of India CRISIL A1+ 4.64%Indian Oil Corporation Limited ICRA A1+ 2.34%Daimler Financial Services India Pvt Limited CRISIL A1+ 2.31%Power Grid Corporation of India Limited CRISIL A1+ 2.26%Tata Power Company Limited CRISIL A1+ 2.20%Bajaj Housing Finance Limited CRISIL A1+ 1.90%Indus Towers Limited CRISIL A1+ 1.88%CESC Limited ICRA A1+ 1.88%Tata Capital Financial Services Limited ICRA A1+ 1.88%Muthoot Finance Limited CRISIL A1+ 1.86%Power Finance Corporation Limited CRISIL A1+ 1.67%NTPC Limited CRISIL A1+ 1.60%India Infoline Finance Limited CRISIL A1+ 1.47%Reliance Industries Limited CARE A1+/CRISIL A1+ 1.46%Steel Authority of India Limited CARE A1+ 1.46%ICICI Home Finance Company Limited ICRA A1+ 1.41%Vedanta Limited ICRA A1+/CRISIL A1+ 1.25%Trapti Trading & Invest Pvt Limited ICRA A1+ 1.19%Bharti Airtel Limited CRISIL A1+ 1.18%Tata Motors Finance Limited ICRA A1+ 0.96%L&T Finance Limited ICRA A1+ 0.95%Hinduja Leyland Finance Limited CRISIL A1+ 0.94%Mahindra Rural Housing Finance IND A1+ 0.94%Bajaj Finance Limited CRISIL A1+ 0.94%Magma Fincorp Limited CRISIL A1+ 0.94%Nabha Power Limited CRISIL A1+ 0.94%L&T Housing Finance ICRA A1+ 0.92%Indian Railway Finance Corporation Limited CRISIL A1+ 0.83%TGS Investment & Trade Pvt Limited ICRA A1+ 0.83%JSW Steel Limited ICRA A1+ 0.83%Small Industries Dev Bank of India CARE A1+/CRISIL A1+ 0.73%HDFC Credila Financial Services Pvt Limited CRISIL A1+ 0.71%Talwandi Sabo Power Limited CRISIL A1+(SO) 0.71%Network18 Media & Investments Limited ICRA A1+ 0.70%Adani Transmission Limited ICRA A1+ 0.59%LIC Housing Finance Limited CRISIL A1+/ICRA A1+ 0.59%Aditya Birla Capital Limited CRISIL A1+ 0.59%JM Financial Services Limited CRISIL A1+/ICRA A1+ 0.59%Aditya Birla Fashion and Retail Limited CRISIL A1+ 0.49%Adani Ports and Special Economic Zone Limited ICRA A1+ 0.47%TV Sundram Iyengar & Sons Pvt Ltd ICRA A1+ 0.47%UPL Limited CRISIL A1+ 0.47%Sundaram BNP Paribas Home Finance Limited ICRA A1+ 0.47%Tata Power Solar Systems Limited CRISIL A1+(SO) 0.47%SBI Cards & Payment Services Pvt Limited CRISIL A1+ 0.47%JM Financial Products Limited ICRA A1+ 0.47%CEAT Limited CARE A1+ 0.24%Godrej Industries Limited ICRA A1+ 0.24%Turquoise Invest & Finance Pvt Limited CRISIL A1+ 0.23%HSBC InvestDirect Financial Services (India) Limited IND A1+ 0.23%Aditya Birla Finance Limited ICRA A1+ 0.12%CERTIFICATE OF DEPOSIT 33.01%Indian Bank IND A1+ 3.88%ICICI Bank Limited ICRA A1+ 3.64%Canara Bank ICRA A1+/CRISIL A1+ 2.70%Andhra Bank CARE A1+ 2.70%IDFC First Bank Limited ICRA A1+ 2.63%Vijaya Bank CARE A1+ 2.58%Punjab National Bank CARE A1+ 2.47%The South Indian Bank Limited CRISIL A1+ 2.36%The Federal Bank Limited CRISIL A1+ 2.35%IndusInd Bank Limited CRISIL A1+ 2.11%Bank of Baroda IND A1+ 2.05%RBL Bank Limited ICRA A1+ 1.30%Kotak Mahindra Bank Limited CRISIL A1+ 0.94%Bandhan Bank Limited ICRA A1+ 0.82%Small Industries Dev Bank of India CARE A1+ 0.47%CORPORATE BOND 3.64%HDFC Limited CRISIL AAA 1.09%Power Finance Corporation Limited CRISIL AAA 0.67%Cholamandalam Investment and Finance Company Limited ICRA AA+ 0.66%

Tata Capital Financial Services Limited ICRA AAA 0.48%Gruh Finance Limited CRISIL AAA 0.24%UPL Limited BWR AA+ 0.21%Hinduja Leyland Finance Limited CARE AA- 0.16%Mahindra & Mahindra Financial Services Limited IND AAA 0.07%Reliance Jio Infocomm Limited CRISIL AAA 0.06%TREASURY BILL 3.14%91 Days Tbill Sovereign 1.59%91 Days Tbill Sovereign 1.06%91 Days Tbill Sovereign 0.47%91 Days Tbill Sovereign 0.02%ZERO COUPON BOND 1.45%Aditya Birla Fashion and Retail Limited CRISIL AA 1.45%BILLS REDISCOUNTING 1.87%IndusInd Bank Limited 1.87%NET CURRENT ASSETS -16.21%

GRAND TOTAL 100.00%

DATE OF ALLOTMENT

9th October 2009MONTHLY AVERAGE

27,688.46 Cr.


21,028.05 Cr.

BENCHMARK

NIFTY Liquid Index

AVERAGE MATURITY*

65 daysMODIFIED DURATION*

60 daysMaculary Duration*

65 daysPORTFOLIO YIELD (YIELD TO MATURITY&)

7.29%

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

Commercial Paper 73.10% Certificate of Deposit 33.01% Corporate Bond 3.64% Treasury Bill 3.14% Zero Coupon Bond 1.45% Bills Rediscounting 1.87% Net Current Assets -16.21%

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

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

AXIS LIQUID FUND(An Open-Ended Liquid Scheme)

Entry Load : NAExit Load : NIL

16

^^

PERFORMANCE (as on 31st March 2019)

Regular Plan Retail Plan Direct Plan

Options Record Date

Dividend (` Per unit)

NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)

Individ-uals/ HUF

OthersIndividu-

als/ HUF

Oth-ers

Individu-als/ HUF

Others

Monthly Dividend

Mar 25, 2019 3.9190 3.6290 1,006.3149 1,000.8742 3.6504 3.3804 1,005.3490 1,000.2810 3.9446 3.6527 1,005.7570 1,000.2808 Feb 25, 2019 4.2571 3.9421 1,006.7842 1,000.8742 3.9906 3.6629 1,005.7725 1,000.2810 4.2853 3.9682 1,006.2300 1,000.2808Jan 25, 2019 4.3184 3.9989 1,006.8694 1,000.8742 4.0098 3.7313 1,005.8751 1,000.2810 4.3457 4.0241 1,006.3138 1,000.2808


DIVIDENDS


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Liquid Fund - Growth 7.52% 10,752 7.21% 12,322 7.76% 14,532 7.95% 20,651

09-Oct-09NIFTY Liquid Index (Benchmark) 7.39% 10,739 7.03% 12,260 7.59% 14,420 7.88% 20,531NIFTY 1 Year T-Bill Index (Additional Benchmark)

7.60% 10,760 7.24% 12,334 7.71% 14,497 6.93% 18,871

Axis Liquid Fund - Direct Plan - Growth 7.57% 10,757 7.28% 12,347 7.83% 14,579 8.12% 16,289

31-Dec-12NIFTY Liquid Index (Benchmark) 7.39% 10,739 7.03% 12,260 7.59% 14,420 7.92% 16,102NIFTY 1 Year T-Bill Index (Additional Benchmark)

7.60% 10,760 7.24% 12,334 7.71% 14,497 7.61% 15,819

Axis Liquid Fund - Retail - Growth 6.93% 10,693 6.62% 12,121 7.19% 14,150 7.62% 19,499

01-Mar-10NIFTY Liquid Index (Benchmark) 7.39% 10,739 7.03% 12,260 7.59% 14,420 8.08% 20,256NIFTY 1 Year T-Bill Index (Additional Benchmark)

7.60% 10,760 7.24% 12,334 7.71% 14,497 7.07% 18,599

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 1,000 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 5th November 2012 and he manages 31 schemes & Aditya Pagaria is managing the scheme since 13th August 2016 and he manages 7 schemes. Please refer to annexure on Page 42 & 43 - 44 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).

* 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.

Sovereign/ AAA & equivalent 97.53% AA 1.45% AA+ 0.86% AA- 0.16%

ENTRY & EXIT LOAD

FACTSHEETMARCH 2019


PORTFOLIO

MONTHLY AVERAGE

1,088.98 Cr.


1,155.07 Cr.

BENCHMARK

CRISIL Ultra Short Term Debt Index

AXIS ULTRA SHORT TERM FUND

17

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

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

Mr. Aditya Pagaria Work experience: 11 years.


FUND MANAGER

DATE OF ALLOTMENT

10th September 2018

Entry Load :NAExit Load : Nil

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



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Mar 25, 2019 0.0418 0.0387 10.0850 10.0269 0.0579 0.0536 10.1129 10.0325

Monthly DividendFeb 25, 2019 0.0472 0.0437 10.0882 10.0227 0.0463 0.0428 10.1076 10.0433

Jan 25, 2019 0.0463 0.0429 10.0934 10.0291 0.0473 0.0438 10.1064 10.0406Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund.

DIVIDENDS

AVERAGE MATURITY*

172 daysMODIFIED DURATION*

157 days

PORTFOLIO YIELD (YIELD TO MATURITY&)

8.16%


RATING % Of NAVCORPORATE BOND 57.20%

Small Industries Dev Bank of India CARE AAA 6.49%

HDFC Limited CRISIL AAA 5.65%

National Housing Bank IND AAA 4.34%

Power Finance Corporation Limited CRISIL AAA 4.33%

NABARD CRISIL AAA 3.92%

Hinduja Leyland Finance Limited CARE AA- 3.04%

Tata Motors Limited CARE AA 2.17%

Citicorp Finance India Limited ICRA AAA 2.17%

Bank of Baroda CARE AA 2.17%

Mahindra Rural Housing Finance IND AA+ 2.16%

Piramal Enterprises Limited ICRA AA 2.16%

Nirma Limited CRISIL AA 2.14%

Gruh Finance Limited CRISIL AAA 1.73%

Edelweiss Commodities Services Limited ICRA AA/CRISIL AA 1.73%

Bahadur Chand Investments Pvt Limited ICRA AA 1.30%

Talwandi Sabo Power Limited CRISIL AA(SO) 1.29%

Hero Fincorp Limited CRISIL AA+ 1.28%

Vodafone Mobile Services Limited CRISIL A+ 1.12%

Northern Arc Capital Limited ICRA A+ 0.95%

REC Limited CRISIL AAA 0.88%

Ujjivan Small Finance Bank Limited CARE A+ 0.87%

Aasan Corporate Solutions Private Limited ICRA AA-(SO) 0.87%

Magma Fincorp Limited ICRA AA- 0.86%

Shriram Transport Finance Company Limited IND AA+ 0.85%

Asirvad Microfinance Ltd CRISIL A+ 0.65%

IndoStar Capital Finance Limited CARE AA- 0.60%

JM Financial Products Limited CRISIL AA 0.60%

Muthoot Finance Limited CRISIL AA 0.43%

Reliance Industries Limited CRISIL AAA 0.43%

CERTIFICATE OF DEPOSIT 16.80%

The South Indian Bank Limited CRISIL A1+ 4.27%

IDFC First Bank Limited ICRA A1+ 4.19%

Equitas Small Finance Bank Limited CRISIL A1+ 2.13%

Bandhan Bank Limited ICRA A1+ 2.13%

ICICI Bank Limited ICRA A1+ 2.06%

IndusInd Bank Limited CRISIL A1+ 2.03%


HDFC Limited CRISIL A1+ 3.28%

Tata Power Company Limited CRISIL A1+ 2.15%

IndoStar Capital Finance Limited CRISIL A1+ 2.14%

Power Finance Corporation Limited CRISIL A1+ 2.02%

JSW Steel Limited ICRA A1+ 1.29%

Reliance Industries Limited CRISIL A1+ 0.43%

ZERO COUPON BOND 5.55%Dewan Housing Finance Corporation Limited CARE AA- 2.14%

Mahindra & Mahindra Financial Services Limited

CARE AAA 1.59%

JSW Techno Projects Management Limited BWR A(SO) 0.91%

IIFL Home Finance Limited CRISIL AA 0.90%

PASS THROUGH CERTIFICATE 0.80%

MFL Securitisation Trust CRISIL AAA(SO) 0.80%

NET CURRENT ASSETS 8.32%

GRAND TOTAL 100.00%

Sovereign/ AAA & equivalent 68.81% AA+ 4.29% AA 14.89% AA- 7.51% A+ 3.59% A 0.91%

ENTRY & EXIT LOAD

Corporate Bond 57.20% Certificate of Deposit 16.80% Commercial Paper 11.32% Zero Coupon Bond 5.55% Pass Through Certificate 0.80% Net Current Assets 8.32%

Maculary Duration*

166 days

FACTSHEETMARCH 2019


PORTFOLIO

DATE OF ALLOTMENT

9th October 2009MONTHLY AVERAGE

1,395.34 Cr.


1,343.52 Cr.

BENCHMARK

NIFTY Low Duration Debt

Index

AVERAGE MATURITY*

350 daysMODIFIED DURATION

*

306 daysMaculary Duration*


8.30%


He has been managing this fund since07th June 2016.



FUND MANAGER


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

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

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

18



Options Record Date


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)

Indi-viduals/ HUF

OthersIndividu-

als/ HUF

OthersIndi-

viduals/ HUF

Others

Monthly Dividend

Mar 25, 2019 5.8087 5.3790 1,013.5155 1,005.4514 5.8071 5.3804 1,013.5146 1,005.4482 5.9732 5.5314 1,013.7458 1,005.4530 Feb 25, 2019 4.7128 4.3642 1,011.9941 1,005.4514 4.7087 4.3630 1,011.9893 1,005.4482 4.8980 4.5355 1,012.2526 1,005.4530Jan 25, 2019 5.4450 5.0422 1,013.0105 1,005.4514 5.4304 5.0309 1,012.9907 1,005.4482 5.6831 5.2625 1,013.3427 1,005.4530


DIVIDENDS


PeriodDate 1 Year 3 Years 5 Years Since Inception

CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Treasury Advantage Fund - Growth 7.75% 10,775 7.43% 12,393 7.86% 14,605 8.08% 20,87009-Oct-09NIFTY Low Duration Debt Index (Benchmark) 7.72% 10,772 7.52% 12,424 8.06% 14,742 8.25% 21,201

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 7.71% 14,502 6.93% 18,864Axis Treasury Advantage Fund - Direct Plan - Growth 8.25% 10,825 7.95% 12,575 8.37% 14,953 8.65% 16,786

01-Jan-13NIFTY Low Duration Debt Index (Benchmark) 7.72% 10,772 7.52% 12,424 8.06% 14,742 8.21% 16,365NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 7.71% 14,502 7.61% 15,807Axis Treasury Advantage Fund - Retail - Growth 7.75% 10,775 7.03% 12,255 7.35% 14,261 7.65% 19,530

03-Mar-10NIFTY Low Duration Debt Index (Benchmark) 7.72% 10,772 7.52% 12,424 8.06% 14,742 8.37% 20,737NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 7.71% 14,502 7.07% 18,589Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 1,000 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 7th June 2016 and he manages 31 schemes & Aditya Pagaria is managing the scheme since 13th August 2016 and he manages 7 schemes. Please refer to annexure on 42 & 43 - 44 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).

RATING % Of NAV

CORPORATE BOND 59.32%



Piramal Capital & Housing Finance Limited ICRA AA+ 4.46%




Bajaj Finance Limited CRISIL AAA 3.04%

Indiabulls Housing Finance Limited BWR AAA 2.38%

Shriram Transport Finance Company Limited IND AA+ 2.20%


Reliance Jio Infocomm Limited CRISIL AAA 1.87%

LIC Housing Finance Limited CRISIL AAA 1.87%

Citicorp Finance India Limited ICRA AAA 1.86%

Edelweiss Commodities Services Limited CRISIL AA 1.86%


ICICI Home Finance Company Limited ICRA AAA 1.83%



Export Import Bank of India CRISIL AAA 0.75%

Power Grid Corporation of India Limited CRISIL AAA 0.37%

Indian Railway Finance Corporation Limited CRISIL AAA 0.15%


ICICI Bank Limited ICRA A1+ 7.00%

IndusInd Bank Limited CRISIL A1+ 5.22%

Punjab National Bank CARE A1+ 5.20%

Small Industries Dev Bank of India CARE A1+ 4.21%

ZERO COUPON BOND 10.25%

Dewan Housing Finance Corporation Limited CARE AA- 7.73%

TMF Holdings Limited CRISIL AA 2.22%

IDFC First Bank Limited ICRA AA+ 0.30%


REC Limited CRISIL A1+ 1.74%


GRAND TOTAL 100.00%

Corporate Bond 59.32% Certificate of Deposit 21.64% Zero Coupon Bond 10.25% Commercial Paper 1.74% Net Current Assets 7.05%

Sovereign/ AAA & equivalent 77.63% AA+ 8.80% AA- 7.73% AA 5.84%


ENTRY & EXIT LOAD

FACTSHEETMARCH 2019


PORTFOLIO

DATE OF ALLOTMENT

22nd January 2010

MONTHLY AVERAGE

3,791.04 Cr.


3,051.67 Cr.

BENCHMARKNIFTY Short

Duration Debt Index

AVERAGE MATURITY*

2.8 yearsMODIFIED DURATION

*

2.1 yearsMaculary Duration*

2.3 yearsPORTFOLIO YIELD (YIELD TO MATURITY&)

8.24%



FUND MANAGER


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

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

19


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

Mar 25, 2019 0.0715 0.0662 10.2587 10.1593 0.0706 0.0654 10.1226 10.0245 0.0740 0.0685 10.1285 10.0257

Monthly Dividend

Feb 25, 2019 0.0446 0.0413 10.2119 10.1500 0.0440 0.0407 10.0764 10.0153 0.0477 0.0441 10.0828 10.0166Jan 25, 2019 0.0519 0.0481 10.2246 10.1525 0.0512 0.0474 10.0890 10.0178 0.0549 0.0508 10.0953 10.0191Dec 26, 2018 0.0726 0.0673 10.2606 10.1597 0.0717 0.0664 10.1245 10.0249 0.0756 0.0700 10.1312 10.0262


DIVIDENDS



CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Short Term Fund - Growth 7.28% 10,728 7.41% 12,387 8.04% 14,725 7.97% 20,22522-Jan-10NIFTY Short Duration Debt Index (Benchmark) 7.39% 10,739 7.61% 12,456 8.25% 14,871 8.07% 20,408

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 7.71% 14,502 7.00% 18,620Axis Short Term Fund - Direct Plan - Growth 8.00% 10,800 8.15% 12,643 8.85% 15,291 8.81% 16,942

01-Jan-13NIFTY Short Duration Debt Index (Benchmark) 7.39% 10,739 7.61% 12,456 8.25% 14,871 8.31% 16,454NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 7.71% 14,502 7.61% 15,807Axis Short Term Fund - Retail - Growth 7.28% 10,728 7.41% 12,387 8.05% 14,730 7.93% 19,996

02-Mar-10NIFTY Short Duration Debt Index (Benchmark) 7.39% 10,739 7.61% 12,456 8.25% 14,871 8.12% 20,318NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 7.71% 14,502 7.07% 18,592Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 5th November 2012 and he manages 31 schemes of Axis Mutual Fund. Please refer to annexure on Page 43 - 44 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).


RATING % Of NAVCORPORATE BOND 71.17%Power Finance Corporation Limited CRISIL AAA 9.47%REC Limited CRISIL AAA 8.88%HDFC Limited CRISIL AAA 5.36%NABARD CRISIL AAA 4.67%Reliance Industries Limited CRISIL AAA 3.96%NRSS XXIX Transmission Limited CRISIL AAA 3.78%Reliance Jio Infocomm Limited CRISIL AAA 3.58%Tata Sons Private Ltd CRISIL AAA 3.43%Jamnagar Utilities & Power Private Limited CRISIL AAA 2.38%State Bank of India CRISIL AA+ 2.04%Indiabulls Housing Finance Limited BWR AAA 1.99%HDFC Bank Limited CRISIL AAA 1.81%National Housing Bank IND AAA 1.81%Zydus Wellness Limited CRISIL AA+ 1.64%L&T Housing Finance CARE AAA 1.62%Shriram Transport Finance Company Limited CRISIL AA+ 1.34%Mahindra & Mahindra Financial Services Limited IND AAA 1.31%Gruh Finance Limited CRISIL AAA 1.30%IDFC First Bank Limited ICRA AA+ 1.15%LIC Housing Finance Limited CRISIL AAA 1.09%NHPC Limited ICRA AAA/IND AAA 0.92%Mahindra Rural Housing Finance CRISIL AA+ 0.82%Tata Capital Financial Services Limited ICRA AAA 0.81%Muthoot Finance Limited CRISIL AA 0.81%Tata Power Company Limited IND AA 0.79%Sikka Ports and Terminals Limited CRISIL AAA 0.64%Nirma Limited CRISIL AA 0.58%Aditya Birla Finance Limited ICRA AAA 0.50%Adani Transmission Limited IND AA+ 0.49%L&T Infrastructure Finance Company Limited CARE AAA 0.49%HDB Financial Services Limited CRISIL AAA 0.48%Dewan Housing Finance Corporation Limited CARE AA- 0.44%Bhopal Dhule Transmission Company Limited CRISIL AAA 0.23%Bajaj Finance Limited CARE AAA 0.20%Power Grid Corporation of India Limited CRISIL AAA 0.17%Bharti Airtel Limited CRISIL AA 0.16%Export Import Bank of India CRISIL AAA 0.02%CERTIFICATE OF DEPOSIT 6.18%Small Industries Dev Bank of India CARE A1+ 2.32%ICICI Bank Limited ICRA A1+ 1.56%IndusInd Bank Limited CRISIL A1+ 1.53%Punjab National Bank CARE A1+ 0.76%ZERO COUPON BOND 4.31%Dewan Housing Finance Corporation Limited CARE AA- 2.32%Mahindra & Mahindra Financial Services Limited IND AAA/CARE AAA 1.51%Kotak Mahindra Prime Limited CRISIL AAA 0.43%Axis Finance Limited IND AAA 0.04%GOVERNMENT BOND 5.52%7.26% GOI (MD 14/01/2029) Sovereign 1.14%7.17% GOI (MD 08/01/2028) Sovereign 0.83%8.12% GOI (MD 10/12/2020) Sovereign 0.67%6.79% GOI (MD 15/05/2027) Sovereign 0.42%8.13% GOI (MD 22/06/2045) Sovereign 0.35%7.68% GOI (MD 15/12/2023) Sovereign 0.34%7.88% GOI (MD 19/03/2030) Sovereign 0.34%7.59% GOI(MD 11/01/2026) Sovereign 0.32%9.20% GOI (MD 30/09/2030) Sovereign 0.18%7.32% GOI (MD 28/01/2024) Sovereign 0.17%6.65% GOI (MD 09/04/2020) Sovereign 0.16%7.40% GOI (MD 09/09/2035) Sovereign 0.16%7.73% GOI (MD 19/12/2034) Sovereign 0.13%8.83% GOI (MD 25/11/2023) Sovereign 0.11%8.15% GOI (MD 24/11/2026) Sovereign 0.07%7.35% GOI (MD 22/06/2024) Sovereign 0.07%8.35% GOI (MD 14/05/2022) Sovereign 0.05%6.79% GOI (MD 26/12/2029) Sovereign 0.02%7.37% GOI (MD 16/04/2023) Sovereign 0.004%7.59% GOI (MD 20/03/2029) Sovereign 0.004%PASS THROUGH CERTIFICATE 3.98%Rainbow Devices Trust ICRA AAA(SO) 2.08%RENT-A-DEVICE TRUST ICRA AAA(SO) 1.90%COMMERCIAL PAPER 2.70%Indiabulls Housing Finance Limited CRISIL A1+ 1.13%Dewan Housing Finance Corporation Limited ICRA A2+ 0.80%REC Limited CRISIL A1+ 0.77%STATE GOVERNMENT BOND 2.32%8.28% Gujarat SDL (MD 20/02/2029) Sovereign 0.83%8.08% Gujarat SDL (MD 26/12/2028) Sovereign 0.82%8.35% Gujarat SDL (MD 06/03/2029) Sovereign 0.33%8.66% Tamilnadu SDL (MD 25/01/2022) Sovereign 0.11%8.15% Rajasthan UDAY BOND (MD 23/06/2021) Sovereign 0.10%6.92% Maharastra SDL(MD 11/01/2022) Sovereign 0.06%8.21% Haryana UDAY BOND (MD 31/03/2022) Sovereign 0.03%8.27% Rajasthan UDAY BOND (MD 23/06/2023) Sovereign 0.02%8.61% Uttar Pradesh Uday BOND (MD 21/03/2022) Sovereign 0.01%TREASURY BILL 0.44%364 Days Tbill Sovereign 0.44%NET CURRENT ASSETS 3.39%

GRAND TOTAL 100.00%

Corporate Bond 71.17% Certificate of Deposit 6.18% Government Bond 5.52% Zero Coupon Bond 4.31% Pass Through Certificate 3.98% Commercial Paper 2.70% State Government Bond 2.32% Treasury Bill 0.44% Net Current Assets 3.39%


ENTRY & EXIT LOAD

FACTSHEETMARCH 2019

Sovereign/ AAA & equivalent 86.63% AA+ 7.48% AA- 2.75% AA 2.34% A 0.80%


PORTFOLIO

DATE OF ALLOTMENT

27th April 2011MONTHLY AVERAGE

133.86 Cr.


129.75 Cr.

BENCHMARK

NIFTY Composite Debt Index

AVERAGE MATURITY*

6.1 yearsMODIFIED DURATION*



8.97%

Mr. R. SivakumarWork experience: 20 years.

He has been managing this fund since inception



FUND MANAGER


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

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

20


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Half Yearly Dividend

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

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

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

DIVIDENDS



CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Dynamic Bond Fund - Growth 7.48% 10,748 7.48% 12,411 8.65% 15,149 8.37% 18,90627-Apr-11NIFTY Composite Debt Index (Benchmark) 6.62% 10,662 7.41% 12,386 8.76% 15,224 8.27% 18,778

NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.03% 10,603 5.91% 11,875 8.06% 14,737 6.90% 16,967Axis Dynamic Bond Fund - Direct Plan - Growth 8.38% 10,838 8.43% 12,741 9.81% 15,976 9.24% 17,362

01-Jan-13NIFTY Composite Debt Index (Benchmark) 6.62% 10,662 7.41% 12,386 8.76% 15,224 8.04% 16,202NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.03% 10,603 5.91% 11,875 8.06% 14,737 6.59% 14,891Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Calculations are based on Growth Option NAV. Since inception returns are calculated at Rs.10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. R. Sivakumar is managing the scheme since inception and he manages 7 schemes & Devang Shah is managing the schmes since 5th November 2012 and he manages 31 schemes. Please refer to annexure on Page 42 & 43 - 44 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).

Instrument Type/Issuer Name RATING % Of NAV



Union Bank of India BWR AA 8.18%

Punjab National Bank IND A+ 8.16%


National Highways Auth Of Ind CRISIL AAA 6.92%

Syndicate Bank IND A+ 6.07%


Renew Power Limited CARE A+ 3.85%

Tata Power Company Limited CRISIL AA- 3.18%

India Infrastructure Fin Co Ltd CRISIL AAA 2.07%

Ess Kay Fincorp Limited IND A+(SO) 0.96%

STATE GOVERNMENT BOND 26.47%

8.35% Gujarat SDL (MD 06/03/2029) Sovereign 7.87%

8.18% TAMILNADU SDL (MD 19/12/2028) Sovereign 7.78%


8.05% GUJARAT SDL (MD 27/03/2029) Sovereign 3.86%


IIERT TRUST CRISIL AAA(SO) 3.11%

Zenith Trust ICRA A(SO) 1.64%

Solstice Trust ICRA AA-(SO) 0.54%

GOVERNMENT BOND 3.55%

7.68% GOI (MD 15/12/2023) Sovereign 1.59%

8.35% GOI (MD 14/05/2022) Sovereign 1.21%

6.79% GOI (MD 15/05/2027) Sovereign 0.50%

8.60% GOI (MD 02/06/2028) Sovereign 0.25%


GRAND TOTAL 100.00%

Corporate Bond 58.63%

State Government Bond 26.47%

Pass Through Certificate 5.29%

Government Bond 3.55%

Net Current Assets 6.07%

Sovereign/ AAA & equivalent 67.42% A+ 19.04% AA 8.18% AA- 3.72% A 1.64%


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

FACTSHEETMARCH 2019


PORTFOLIO

DATE OF ALLOTMENT

13th July 2017MONTHLY AVERAGE

235.36 Cr.


240.98 Cr.

BENCHMARK

NIFTY Corporate Bond Index

AVERAGE MATURITY*




8.35%

COMPOSITION BY ASSETS (%)

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

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

21


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

FUND MANAGER

COMPOSITION BY RATING (%)


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Monthly Dividend

Mar 25, 2019 0.0999 0.0925 10.1887 10.0500 0.1040 0.0963 10.1945 10.0500Feb 25, 2019 0.0338 0.0313 10.0970 10.0500 0.0384 0.0356 10.1034 10.0500Jan 25, 2019 0.0508 0.0470 10.1205 10.0500 0.0552 0.0511 10.1267 10.0500Dec 26, 2018 0.0873 0.0808 10.1712 10.0500 0.0918 0.0850 10.1775 10.0500

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

DIVIDENDS



CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Corporate Debt Fund - Regular Plan - Growth 8.77% 10,877 NA NA NA NA 7.96% 11,39913-Jul-17NIFTY Corporate Bond Index (Benchmark) 6.72% 10,672 NA NA NA NA 6.23% 11,088

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 NA NA NA NA 7.26% 11,272Axis Corporate Debt Fund - Direct Plan 9.67% 10,967 NA NA NA NA 8.89% 11,567

13-Jul-17NIFTY Corporate Bond Index (Benchmark) 6.72% 10,672 NA NA NA NA 6.23% 11,088NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 NA NA NA NA 7.26% 11,272Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 3years & 5 years period has not been provided, since scheme is in existence for less than 3 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the schmes since 13th July 2017 and he manages 31 schemes. Please refer to annexure on Page 43 - 44 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).

* 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





Indian Railway Finance Corporation Limited

CRISIL AAA 6.34%

Dewan Housing Finance Corporation Limited

CARE AA- 6.13%

Bank of BarodaCARE AA/IND

AAA5.38%

State Bank of India CRISIL AAA 4.31%

Power Grid Corporation of India Limited

CRISIL AAA 4.22%

Aditya Birla Finance Limited ICRA AAA 4.19%


NRSS XXIX Transmission Limited CRISIL AAA 4.16%


Jamnagar Utilities & Power Private Limited

CRISIL AAA 4.13%



HDFC Bank Limited CRISIL AAA 2.09%




8.08% Tamilnadu SDL (MD 26/12/2028) Sovereign 2.08%



Small Industries Dev Bank of India CARE A1+ 5.87%


Export Import Bank of India CRISIL A1+ 4.09%


RENT-A-DEVICE TRUST ICRA AAA(SO) 2.12%



NET CURRENT ASSET 4.33%

GRAND TOTAL 100.00%

Corporate Bond 73.37% State Government Bond 8.38% Certificate of Deposit 5.87% Commercial Paper 4.09% Pass Through Certificate 3.97% Net Current Assets 4.33%

Sovereign/ AAA & equivalent 90.62% AA- 6.13% A+ 2.04% AA 1.21%

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

ENTRY & EXIT LOAD

FACTSHEETMARCH 2019



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

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

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

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

DATE OF ALLOTMENT

28th March 2012MONTHLY AVERAGE

1,240.40 Cr.


1,239.71Cr.

BENCHMARKNIFTY Medium Duration Debt

Index

AVERAGE MATURITY*


*



9.33%

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

2012.

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

this fund since 1st June 2018

FUND MANAGER


PORTFOLIO

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

DIVIDENDS

22

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

AXIS STRATEGIC BOND FUND




CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Strategic Bond Fund - Growth 7.32% 10,732 8.54% 12,781 9.43% 15,697 8.91% 18,18228-Mar-12NIFTY Medium Duration Debt Index (Benchmark) 6.76% 10,676 7.56% 12,438 8.63% 15,133 8.67% 17,902

NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.03% 10,603 5.91% 11,875 8.06% 14,737 7.21% 16,287Axis Strategic Bond Fund - Direct Plan - Growth 8.03% 10,803 9.27% 13,041 10.37% 16,384 9.54% 17,632

07-Jan-13NIFTY Medium Duration Debt Index (Benchmark) 6.76% 10,676 7.56% 12,438 8.63% 15,133 8.23% 16,364NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.03% 10,603 5.91% 11,875 8.06% 14,737 6.48% 14,781Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 5th November 2012 and he manages 31 schemes amd Dhaval Patel schemes is managing the scheme since 1st June 2018 and he manages 1 scheme of Axis Mutual Fund. Please refer to annexure on Page 43 - 44 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).

Instrument Type/Issuer Name RATING % Of NAVCORPORATE BOND 77.47%


Indian Railway Finance Corporation Limited CRISIL AAA 4.08%


PVR Limited CRISIL AA- 3.20%



Bharti Airtel Limited CRISIL AA 2.96%


Jubilant Life Sciences Limited CRISIL AA 2.83%

Coastal Gujarat Power Limited CARE AA(SO) 2.83%


Oriental Nagpur Betul Highway Limited CRISIL AAA(SO) 2.34%


JK Lakshmi Cement Limited CARE AA- 2.01%






Vijaya Bank ICRA AA- 1.79%

JM Financial Products Limited ICRA AA/CRISIL AA 1.76%

Northern Arc Capital Limited ICRA A+ 1.61%

ICICI Bank Limited ICRA AA+ 1.59%



Talwandi Sabo Power Limited CRISIL AA(SO) 1.31%


Aasan Corporate Solutions Private Limited ICRA AA-(SO) 1.21%

Dalmia Cement (Bharat) Limited ICRA AA 1.19%

Vedanta Limited CRISIL AA 0.97%

Subros Limited ICRA AA- 0.96%


Narmada Wind Energy Private Limited CARE A+(SO) 0.78%

Tata Power Company Limited CRISIL AA- 0.75%


Sikka Ports and Terminals Limited CRISIL AAA 0.69%

Hansdeep Industries & Trading Company Limited CARE AA-(SO) 0.57%

Edelweiss Commodities Services Limited ICRA AA 0.51%

IKF Finance Limited CARE A 0.50%


ECL Finance Limited ICRA AA 0.40%

Ess Kay Fincorp Limited IND A+(SO) 0.34%

Bhopal Dhule Transmission Company Limited CRISIL AAA 0.24%


Hindalco Industries Limited CRISIL AA 0.17%

Asirvad Microfinance Ltd CRISIL A+ 0.12%


8.08% Maharashtra SDL (MD 26/12/2028) Sovereign 4.05%



8.06% Karnataka SDL (MD 27/03/2029) Sovereign 0.40%

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



RENT-A-DEVICE TRUST ICRA AAA(SO) 1.79%

Zenith Trust ICRA A(SO) 1.23%



Solstice Trust ICRA AA-(SO) 0.41%


JSW Techno Projects Management Limited BWR A(SO) 2.12%

Raj Infraproperties Private Limited BWR AA-(SO) 2.06%

IIFL Home Finance Limited CRISIL AA 0.84%


7.95% GOI (MD 28/08/2032) Sovereign 1.24%

7.17% GOI (MD 08/01/2028) Sovereign 0.79%

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

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

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

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

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


GRAND TOTAL 100.00%

Corporate Bond 77.47% State Government Bond 6.43% Pass Through Certificate 5.05% Zero Coupon Bond 5.02% Government Bond 2.25% Net Current Assets 3.78%

Sovereign/ AAA & equivalent 42.16% AA 21.32% AA- 19.62% A+ 10.08% A 3.85% AA+ 2.97%

ENTRY & EXIT LOAD

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

FACTSHEETMARCH 2019



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Mar 25, 2019 0.0641 0.0593 10.1860 10.0969 0.0706 0.0653 10.1390 10.0410Monthly Dividend

Feb 25, 2019 0.0396 0.0367 10.1435 10.0885 0.0466 0.0432 10.0975 10.0327Jan 25, 2019 0.0517 0.0479 10.1645 10.0926 0.0580 0.0537 10.1173 10.0366

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


1,631.50 Cr.


1,644.72 Cr.

BENCHMARK

NIFTY Credit Risk Bond Index

AVERAGE MATURITY*


*



9.74%



FUND MANAGER


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

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

23

DIVIDENDS



CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Credit Risk Fund - Regular Plan - Growth 6.56% 10,656 7.35% 12,367 NA NA 8.28% 14,54515-Jul-14NIFTY Credit Risk Bond Index (Benchmark) 6.97% 10,697 8.29% 12,694 NA NA 9.09% 15,060

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 NA NA 7.66% 14,154Axis Credit Risk Fund - Direct Plan - Growth 7.81% 10,781 8.74% 12,851 NA NA 9.53% 15,351

15-Jul-14NIFTY Credit Risk Bond Index (Benchmark) 6.97% 10,697 8.29% 12,694 NA NA 9.09% 15,060NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 NA NA 7.66% 14,154Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 5 years period has not been provided, since scheme is in existence for less than 3 years.Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since inception and he manages 31 schemes. Please refer to annexure on Page 43 - 44 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).


Instrument Type/Issuer Name RATING% Of NAV

CORPORATE BOND 74.46%Dewan Housing Finance Corporation Limited CARE AA- 4.79%PVR Limited CRISIL AA- 3.90%Talwandi Sabo Power Limited CRISIL AA(SO) 3.35%Dalmia Cement (Bharat) Limited ICRA AA 3.33%Tata Power Company Limited IND AA/CRISIL AA- 3.13%Coastal Gujarat Power Limited CARE AA(SO) 2.74%Birla Corporation Limited ICRA AA 2.68%Edelweiss Commodities Services Limited CRISIL AA/ICRA AA 2.67%Hinduja Leyland Finance Limited CARE AA- 2.54%Power Grid Corporation of India Limited CRISIL AAA 2.52%Renew Power Limited CARE A+ 2.49%IndoStar Capital Finance Limited CARE AA- 2.35%Narmada Wind Energy Private Limited CARE A+(SO) 2.34%JK Lakshmi Cement Limited CARE AA- 2.13%ECL Finance Limited ICRA AA 2.10%Indiabulls Housing Finance Limited BWR AAA 2.00%Bank of Baroda CARE AA 1.78%Oriental Nagpur Betul Highway Limited CRISIL AAA(SO) 1.78%Northern Arc Capital Limited ICRA A+ 1.76%Jubilant Life Sciences Limited CRISIL AA 1.53%Bahadur Chand Investments Pvt Limited ICRA AA 1.53%Zydus Wellness Limited CRISIL AA+ 1.52%Aasan Corporate Solutions Private Limited ICRA AA-(SO) 1.52%IKF Finance Limited CARE A 1.52%Hansdeep Industries & Trading Company Limited CARE AA-(SO) 1.41%Vodafone Mobile Services Limited CRISIL A+ 1.39%Magma Fincorp Limited ICRA AA- 1.27%Indian Railway Finance Corporation Limited CRISIL AAA 1.23%Bhopal Dhule Transmission Company Limited CRISIL AAA 1.19%Asirvad Microfinance Ltd CRISIL A+ 1.05%Union Bank of India BWR AA 1.02%Reliance Jio Infocomm Limited CRISIL AAA 1.01%Piramal Enterprises Limited ICRA AA 0.91%Nuvoco Vistas Corporation Limited CRISIL AA 0.91%Syndicate Bank IND A+ 0.90%Punjab National Bank IND A+ 0.88%Ess Kay Fincorp Limited IND A+(SO) 0.56%Subros Limited ICRA AA- 0.48%Muthoot Finance Limited CRISIL AA 0.44%NABARD CRISIL AAA 0.44%Nirma Limited CRISIL AA 0.42%Power Finance Corporation Limited CRISIL AAA 0.31%Bharti Airtel Limited CRISIL AA 0.30%Vijaya Bank ICRA AA- 0.18%JM Financial Products Limited CRISIL AA 0.06%REC Limited CRISIL AAA 0.06%Vedanta Limited CRISIL AA 0.06%Food Corporation of India CRISIL AAA(SO) 0.01%PASS THROUGH CERTIFICATE 12.33%Sansar Trust ICRA AAA(SO) 3.60%MFL Securitisation Trust CRISIL AAA(SO) 3.51%Zenith Trust ICRA A(SO) 2.16%RENT-A-DEVICE TRUST ICRA AAA(SO) 1.42%IIERT TRUST CRISIL AAA(SO) 1.13%Solstice Trust ICRA AA-(SO) 0.51%ZERO COUPON BOND 6.85%Indian Hospitals Corporation Ltd BWR AA-(SO) 2.86%JSW Techno Projects Management Limited BWR A(SO) 2.56%IIFL Home Finance Limited CRISIL AA 1.43%STATE GOVERNMENT BOND 3.45%8.08% Gujarat SDL (MD 26/12/2028) Sovereign 1.83%8.16% Karnataka SDL (MD 20/03/2029) Sovereign 0.61%8.06% Karnataka SDL (MD 27/03/2029) Sovereign 0.61%8.27% Rajasthan UdayBond (MD 23/06/2022) Sovereign 0.21%8.15% Rajasthan UDAY BOND (MD 23/06/2021) Sovereign 0.12%8.19% Rajasthan UDAY BOND (MD 23/06/2026) Sovereign 0.06%GOVERNMENT BOND 0.58%7.40% GOI (MD 09/09/2035) Sovereign 0.30%6.79% GOI (MD 15/05/2027) Sovereign 0.12%8.83% GOI (MD 25/11/2023) Sovereign 0.10%7.35% GOI (MD 22/06/2024) Sovereign 0.03%7.59% GOI (MD 20/03/2029) Sovereign 0.03%7.59% GOI (MD 11/01/2026) Sovereign 0.004%NET CURRENT ASSETS 2.34%GRAND TOTAL 100.00%

Corporate Bond 74.46% Pass Through Certificate 12.33% Zero Coupon Bond 6.85% State Government Bond 3.45% Government Bond 0.58% Net Current Assets 2.34%

AA 29.63% Sovereign/ AAA & equivalent 26.56% AA- 24.68% A+ 11.37% A 6.24% AA+ 1.52%

ENTRY & EXIT LOAD

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

FACTSHEETMARCH 2019



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

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

Half Yearly Dividend

Sep 25, 2018 0.3601 0.3335 10.8063 10.3063 - - - -Mar 26, 2018 0.3611 0.3345 11.3226 10.8226 - - - -Sep 25, 2017 0.3611 0.3345 11.8824 11.3824 - - - -Mar 25, 2019 0.0540 0.0500 10.1447 10.0697 0.0525 0.0567 10.1495 10.0706Feb 25, 2019 0.0295 0.0273 10.0512 10.0102 0.0326 0.0302 10.0566 10.0113

Regular Dividend Jan 25, 2019 0.0735 0.0794 10.1378 10.0276 0.0819 0.0759 10.1423 10.0289Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund. Half yearly dividend disclosed above are since the inception of the fund. Regular dividends disclosed above are for the last 3 months.

PORTFOLIO

RATING % OF ASSETS




8.18% Haryana UDAY BOND (MD 15/06/2024) Sovereign 14.07%

8.08% Maharashtra SDL (MD 26/12/2028)

Sovereign 13.95%


7.26% GOI (MD 14/01/2029) Sovereign 27.64%


GRAND TOTAL 100.00%

DATE OF ALLOTMENT

23rd January 2012

MONTHLY AVERAGE

35.81 Cr.


35.96 Cr.

BENCHMARK

NIFTY All Duration G-Sec

Index

AVERAGE MATURITY*




7.82%


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

FUND MANAGER


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

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

24


DIVIDENDS

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


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Gilt Fund - Growth 6.19% 10,619 6.36% 12,029 8.11% 14,772 6.74% 15,97323-Jan-12NIFTY All Duration G-Sec Index (Benchmark) 8.95% 10,895 7.38% 12,377 8.76% 15,225 7.59% 16,908

Axis Gilt Fund - Direct Plan - Growth 6.72% 10,672 6.91% 12,215 8.66% 15,153 7.20% 15,43601-Jan-13NIFTY All Duration G-Sec Index (Benchmark) 8.95% 10,895 7.38% 12,377 8.76% 15,225 7.36% 15,575

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 5th November 2012 and he manages 31 schemes. Please refer to annexure on Page 43 - 44 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).

State Government Bond 70.29% Government Bond 27.64% Net Current Assets 2.07%

AAA, SOV & Equivalent 100.00%

ENTRY & EXIT LOAD


FACTSHEETMARCH 2019



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

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


PORTFOLIO

DATE OF ALLOTMENT

8th June 2012MONTHLY AVERAGE

3,834.01 Cr.


4,580.52 Cr.

BENCHMARK

NIFTY Banking & PSU Debt Index

AVERAGE MATURITY*




7.63%



FUND MANAGER


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

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

25

DIVIDENDS




CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Banking & PSU Debt Fund - Growth 8.94% 10,894 8.03% 12,603 8.33% 14,923 8.54% 17,47008-Jun-12NIFTY Banking & PSU Debt Index (Benchmark) 6.39% 10,639 7.31% 12,352 8.28% 14,893 8.35% 17,262

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 7.71% 14,502 7.60% 16,470Axis Banking & PSU Debt Fund - Direct Plan - Growth 9.24% 10,924 8.27% 12,686 8.55% 15,077 8.67% 16,802

01-Jan-13NIFTY Banking & PSU Debt Index (Benchmark) 6.39% 10,639 7.31% 12,352 8.28% 14,893 8.13% 16,287NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 7.71% 14,502 7.61% 15,807Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ̀ 1,000 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Aditya Pagaria is managing the scheme since 13th August 2016. Aditya manages 7 schemes at Axis Mutual Fund. Please refer to annexure on Page 42 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).










Food Corporation Of India CRISIL AAA (SO) 5.18%

REC LimitedCARE AAA/CRISIL AAA

4.89%

State Bank of India CRISIL AAA 4.42%

Indian Railway Finance Corporation Limited

CRISIL AAA 2.20%

Bank of Baroda IND AAA 2.10%

NHPC LimitedINDAAA/ICRA

AAA1.77%

Tata Sons Private Ltd CRISIL AAA 1.69%


NTPC Limited CRISIL AAA 0.80%


Bharat Petroleum Corporation Limited CRISIL AAA 0.55%

Jamnagar Utilities & Power Private Limited CRISIL AAA 0.42%




8.38% Karnataka SDL (MD 31/10/2022) Sovereign 1.12%

8.21% Haryana UDAY BOND (MD 31/03/2022) Sovereign 0.87%

8.39% Rajasthan UDAY BOND(MD 15/03/2022) Sovereign 0.60%


GRAND TOTAL 100.00%

Corporate Bond 82.57% Zero Coupon Bond 2.76% State Government Bond 2.59% Net Current Assets 12.07%


ENTRY & EXIT LOAD


FACTSHEETMARCH 2019

Quick Take - Equity

•

•

•

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

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

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

Quick Take - Fixed Income

10 yr G-Sec : Last 1 year

7.35%

7.33%• Opportunities have emerged across the corporate bond curve, Added maturities across portfolios through

selective corporate long bonds.

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

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

•

•

14.9%

Key highlights

HYBRIDOUTLOOK

APRIL 2019

The markets ended the financial year with a bang as pre-elections polls pointed to an incumbency wave in the upcoming elections. Other factors for the strong rally included de-escalating tensions between India and Pakistan and optimism over the US-China trade negotiations. The S&P BSE Sensex and NIFTY 50 ended the month up 7.8% and 7.7% respectively. Mid and small caps saw a strong reversal as well as high quality mid and small caps saw keen investor interest. For the financial year NIFTY 50, S&P BSE Sensex were up 17.3% & 14.9% respectively while NIFTY midcap 100 & NIFTY Small cap 100 were down 2.7% & 14.4% respectively.

The resilience of the INR has been talked about at length over the last five years. Despite global market headwinds stemming from geo political anxiety, strong domestic metrics and a stable and a pro-growth government have been seen as positives by global EM investors. The INR on a relative basis continues to remain fairly valued on a REER basis. The USD/INR pair closed the financial year at Rs 69.16/$.

Corporate earnings have seen sporadic growth over the past few years given the baggage they carried from the previous cycle. As businesses from the NPA cycle and the subsequent large deleveraging that has happened across Indian businesses, a large number of companies have reworked their business models based on their past experience. We believe that as this story continues to unravel, smart businesses are likely to stand

out in the next business cycle which is likely to be sector agnostic given the pent up operational efficiencies that are likely to be created over the next few years.

Improving government regulations and a pro-business environment is likely to kick start an evolution in the Indian business scene over the next several years. Niche business solutions addressing key challenges in the economy are likely to be the wealth creators of tomorrow. As incumbent businesses re-engineer business models to remain relevant, we anticipate the ‘Men will stand out from the boys of the pack’. Furthermore, the

INVESTORS

Equity Investors

Debt Investors

••

•

•

•

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

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

DISTRIBUTORS

•

•

•





26

Source: Bloomberg, Axis MF Research.

Key highlights (Contd.)

growth in the economy is likely to give further impetus to corporate India in terms of improving balance sheets and synergies from operational learnings. Latest GDP numbers highlight an improving trend in fixed capital formation on account of the government’s infrastructure spending and return of capex in large corporate books. All this is likely to bode well for corporate earning over the next few quarters.

• 10 Year ends the financial year at 7.35%: The benchmark yield on the 10 Year G-Sec remained largely unchanged for the month as FPIs and domestic participation increased during the month in line with seasonal trends. The market will look forward to the upcoming RBI monetary policy for cues in the new financial year.

• RBI Swap – A New Tool in Liquidity Management: The RBI tested a currency swap mechanism as a probable tool for liquidity management considering the large dollar inflows on the back of improved investor sentiment and favorable markets conditions. Banks offered US$16.3 billion V/s an issue size of US$5 billion highlighting the surplus liquidity in the Fx markets. In turn the RBI infused roughly Rs 35,000 Cr in INR liquidity into the system. The secondary aim of the RBI – To reduce overseas hedging costs – was also met as the MIFOR and USDINR forwards drifted lower (since RBI’s announcement) effectively lowering the cost of hedging INR exposure.

• FY 19 Borrowing Calendar – In Line with Expectations: The government announced the borrowing calendar for the year. The front loaded structure of the borrowing schedule was largely in line with market expectations. The tenor distribution of bond issuance shows a skew towards long tenors. Concerns over the large supply may only exacerbate with recent trends of bonds purchases from commercial banks showing a decline – likely to make room for credit demand.

• CPI Inflation – A Much Awaited Trend Reversal: Retail Inflation in India rose for the first time in four months as the year-on-year fall in food prices eased. CPI inflation stood at 2.57 percent in February compared to a revised 1.97 percent in January 2019. The rise in the headline index in February was partly attributable to a rise in the year-on-year rate for food inflation. Brent crude ended the month at US$68.6/barrel as stronger global PMI and firmer china industrial data propped prices. Further supply Cuts by OPEC may also push prices higher. The India crude basket followed suit and ended the month at US$65.3/barrel.

• Currency – Resilient yet fairly valued: Currency has been a big positive over the last few quarters relative to the rest of the EM basket and several global currency pairs. The Indian currency over the last five years has been one of the best performing currencies despite global EM volatility and hence a strong incentive for international investors to invest in India. In spite of this currency strength, on a REER basis the INR continues to remain fairly valued.

Key Events During the Month

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

Equity Markets

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

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

Debt Markets

Over the last 18-24 months, the focus of the RBI has revolved around inflation targeting. The hike in interest rates 12 months ago addressed inflation concerns over the medium term. Fast forward to today, manageable inflation and waning growth parameters have prompted the RBI to re-focus on growth. High policy and repo rates have created a large wedge between them and the CPI inflation. We believe that this is a short term phenomenon which should correct over the next few quarters.

The RBI’s Forex ‘Liquidity’ swap is new arrow in the quiver for liquidity management and is likely to be used in conjunction with OMO’s. The recent swap has led to some steepening of the curve. Our interpretation of this move is that FPI’s used the rupee liquidity to buy short term AAA corporate bonds. Mutual funds have also favored AAA corporate bonds of late given investor concerns over credit quality as a fallout of the NBFC and IL&FS sagas.

We see the inflation wedge as a short term opportunity to add duration selectively to our portfolios given the current risk reward on the medium to long end of this curve. We also re-emphasize our view of credits. Given that the attention of market participants has been skewed towards the AAA segment in the short space, credits in the same space (1-3 years) offer significant opportunities.

We have selectively added duration in our portfolios through long bonds. We have also added select 1-3 year AA credits across our portfolios in line with our credit view. As always, our prudent investment norms and strong risk mitigation framework form the bedrock of all our credit evaluation. The corporate bond spread in the short to medium tenor space also offers material opportunities for buy and hold investors and hence believe that investors should consider deploying funds in roll down strategies.

Market View

27

Please refer to page no 39-40, 44, 45,47 for NAV, TER, Riskometer & Statutory Details.28

COMPOSITION BY RATING (%)DATE OF ALLOTMENT

14th August 2015MONTHLY AVERAGE

747.16 Cr.


759.77 Cr.

BENCHMARK

NIFTY50 Equity Savings Index

Mr. Anupam TiwariWork experience: 13 years.

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



FUND MANAGER

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

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

AVERAGE MATURITY@*


@*


9.15%PORTFOLIO TURNOVER# (1 YEAR)

4.50 times

Issuer Industry/Rating Equity Exposure

Derivate Exposure

Net Exposure % of Net Assets

EQUITY 65.17% -24.96% 40.21%HDFC Bank Limited Banks 4.85% 4.85%Reliance Industries Limited Petroleum Products 4.19% -0.88% 3.31%Tata Consultancy Services Limited Software 3.31% -0.02% 3.29%

ICICI Bank Limited Banks 2.89% 2.89%

HDFC Limited Finance 5.29% -2.41% 2.89%Kotak Mahindra Bank Limited Banks 2.32% 2.32%Bajaj Finance Limited Finance 2.11% -0.05% 2.06%Gruh Finance Limited Finance 1.95% 1.95%Maruti Suzuki India Limited Auto 4.44% -2.67% 1.77%Sundaram Finance Limited Finance 1.50% 1.50%Britannia Industries Limited Consumer Non Durables 1.72% -0.29% 1.43%Hindustan Unilever Limited Consumer Non Durables 1.62% -0.34% 1.28%Cholamandalam Investment and Finance Company Limited

Finance 1.24% 1.24%

TCNS Clothing Co. Limited Textile Products 1.14% 1.14%Mahindra & Mahindra Financial Services Limited Finance 6.57% -5.50% 1.07%Asian Paints Limited Consumer Non Durables 0.99% 0.99%Nestle India Limited Consumer Non Durables 0.98% 0.98%ACC Limited Cement 0.93% 0.93%Cummins India Limited Industrial Products 0.88% 0.88%Voltas Limited Consumer Durables 0.83% 0.83%SRF Limited Textile Products 0.68% 0.68%Aarti Industries Limited Chemicals 0.64% 0.64%Larsen & Toubro Limited Construction Project 0.63% 0.63%OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 0.65%DEBT SECURITIES 31.18%CORPORATE BOND 23.61%REC Limited CRISIL AAA 3.94%ICICI Bank Limited ICRA AA+ 3.43%Nirma Limited CRISIL AA 2.61%Reliance Industries Limited CRISIL AAA 2.56%Punjab National Bank IND A+ 2.41%Bank of Baroda CARE AA 1.79%Piramal Capital & Housing Finance Limited ICRA AA+ 1.71%Dewan Housing Finance Corporation Limited CARE AA- 1.30%Cholamandalam Investment and Finance Company Limited

ICRA AA+ 0.88%

Power Grid Corporation of India Limited CRISIL AAA 0.67%Hinduja Leyland Finance Limited CARE AA- 0.66%Union Bank of India BWR AA 0.64%NABARD CRISIL AAA 0.63%Syndicate Bank IND A+ 0.39%FIXED DEPOSIT 6.58%HDFC Bank Limited 6.58%GOVERNMENT BOND 0.78%8.28% GOI (M/D 21/09/2027) Sovereign 0.69%7.72% GOI (MD 26/10/2055) Sovereign 0.05%7.35% GOI (MD 22/06/2024) Sovereign 0.03%PASS THROUGH CERTIFICATE 0.20%IIERT TRUST CRISIL AAA(SO) 0.20%CASH & OTHER NET CURRENT ASSETS 3.65%NET ASSETS 100.00%

PORTFOLIO

Unhedged Equity 40.21% Debt, Cash & Other receivables 34.83% Hedged Equity 24.96%



AAA, SOV & Equivalent 15.37% AA+ 6.02% AA 5.03% A+ 2.80% AA- 1.96%

FACTSHEETMARCH 2019



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Mar 25, 2019 0.0553 0.0553 10.7000 10.6400 0.0553 0.0553 11.1500 11.0900Feb 25, 2019 0.0553 0.0553 10.5200 10.4600 0.0553 0.0553 10.9500 10.8900

Monthly Dividend Jan 25, 2019 0.0553 0.0553 10.5100 10.4400 0.0553 0.0553 10.9300 10.8700

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


DIVIDENDS


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


CAGR (%)

Current Value ofInvestment of` 10,000/-

CAGR (%)

Current Value ofInvestment of`. 10,000/-

CAGR (%)


CAGR (%)

Current Value of Investment of ` 10,000

Date of inception

Axis Equity Saver Fund - Regular Plan - Growth 8.37% 10,837 9.01% 12,948 NA NA 7.00% 12,78014-Aug-15NIFTY50 Equity Savings Index (Benchmark) 9.95% 10,995 9.96% 13,287 NA NA 8.08% 13,255

Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 NA NA 10.31% 14,273Axis Equity Saver Fund - Direct Plan - Growth 9.68% 10,968 10.29% 13,407 NA NA 8.28% 13,340

14-Aug-15NIFTY50 Equity Savings Index (Benchmark) 9.95% 10,995 9.96% 13,287 NA NA 8.08% 13,255Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 NA NA 10.31% 14,273Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 5 years period has not been provided, since scheme is in existence for less than 5 years.Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Anupam Tiwari is managing the scheme since 6th October 2016 and he manages 7 schemes & R. Sivakumar is managing the scheme since inception and he manages 7 schemes. Please refer to annexure on Page 42 & 43 for performance of all schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).

ENTRY & EXIT LOAD

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


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

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

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

30

DATE OF ALLOTMENT

1st August 2017MONTHLY AVERAGE

2,350.24 Cr.


2,347.82 Cr.

BENCHMARK

NIFTY50 Hybrid Composite Debt

50:50 Index

AVERAGE MATURITY*

259 days MODIFIED DURATION*


8.36%PORTFOLIO TURNOVER#

(1 YEAR)

3.88 times

Mr. Anupam TiwariWork experience: 13 years.


FUND MANAGER

Mr. R. Sivakumar Work experience: 20 years.



Derivate Exposure


EQUITY 64.85% -32.08% 32.77%

HDFC Bank Limited Banks 3.51% 3.51%

Reliance Industries Limited Petroleum Products 6.74% -3.88% 2.85%

Tata Consultancy Services Limited Software 3.02% -0.61% 2.41%

ICICI Bank Limited Banks 2.46% -0.24% 2.22%

HDFC Limited Finance 3.10% -1.45% 1.65%

Kotak Mahindra Bank Limited Banks 2.79% -1.22% 1.57%

Bajaj Finance Limited Finance 2.82% -1.27% 1.54%

Sundaram Finance Limited Finance 1.52% 1.52%

TCNS Clothing Co. Limited Textile Products 1.31% 1.31%

Maruti Suzuki India Limited Auto 3.03% -1.73% 1.30%

Gruh Finance Limited Finance 1.25% 1.25%

Nestle India LimitedConsumer Non Durables

1.43% -0.19% 1.24%

Britannia Industries LimitedConsumer Non Durables

1.09% 1.09%

Hindustan Unilever LimitedConsumer Non Durables

1.54% -0.58% 0.96%

Larsen & Toubro Limited Construction Project 0.95% 0.95%

Asian Paints LimitedConsumer Non Durables

1.87% -0.92% 0.95%

ACC Limited Cement 0.99% -0.05% 0.94%

Cholamandalam Investment and Finance Company Limited

Finance 0.92% 0.92%

Mahindra & Mahindra Financial Services Limited

Finance 1.06% -0.15% 0.91%

City Union Bank Limited Banks 0.79% 0.79%

Divi's Laboratories Limited Pharmaceuticals 0.94% -0.21% 0.72%

Endurance Technologies Limited Auto Ancillaries 0.67% 0.67%

Varroc Engineering Limited Auto Ancillaries 0.55% 0.55%


DEBT SECURITIES 19.97%



Shriram Transport Finance Company Limited CRISIL AA+ 1.78%







Piramal Enterprises Limited ICRA AA 0.42%



Piramal Capital & Housing Finance Limited

ICRA AA+ 0.21%


Tata Sons Private Ltd CRISIL AAA 0.21%


FIXED DEPOSIT 6.81%

HDFC Bank Limited 6.81%



PORTFOLIO

Debt, Cash & Other receivables 35.15% Unhedged Equity 32.77% Hedged Equity 32.08%



AAA, SOV & Equivalent 9.14% AA- 3.68% AA+ 3.40% AA 3.03% A+ 0.72%

FACTSHEETMARCH 2019



Period 1 Year Since Inception

CAGR (%)


CAGR (%)

Current Value of Investment of ` 10,000

Date of inception

Axis Dynamic Equity Fund - Regular Plan - Growth 5.49% 10,549 5.45% 10,9201-Aug-17NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 11.65% 11,165 7.67% 11,303

Nifty 50 (Additional Benchmark) 16.40% 11,640 10.05% 11,721Axis Dynamic Equity Fund - Direct Plan - Growth 7.24% 10,724 7.25% 11,230

1-Aug-17NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 11.65% 11,165 7.67% 11,303Nifty 50 (Additional Benchmark) 16.40% 11,640 10.05% 11,721Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 3 & 5 years period has not been provided, since scheme is in existence for less than 3 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Anupam Tiwari is managing the scheme since inception and he manages 7 schemes , R. Sivakumar is managing the scheme since inception and he manages 7 schemes. Please refer to annexure on Page 42& 43 for performance of all schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).

ENTRY & EXIT LOAD

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


Derivate Exposure


Cholamandalam Investment and Finance Company Limited

ICRA AA+ 0.37%

CASH & OTHER NET CURRENT ASSETS 15.18%

NET ASSETS 100.00%


AXIS EQUITY HYBRID FUND

32

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

The Scheme does not assure or guarantee any returns.

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

PORTFOLIO

MONTHLY AVERAGE

2,195.33 Cr.


2,212.30 Cr.

BENCHMARK

CRISIL Hybrid 35+65 - Aggres-

sive Index

Mr. Ashish Naik Work experience: 11 years.




FUND MANAGER

DATE OF ALLOTMENT

9th August 2018

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

Instrument Type/Issuer Name Industry/ Rating % OF NAVEQUITY 70.28%












Container Corporation of India Limited Transportation 2.08%



ITC Limited Consumer Non Durables 1.61%







Torrent Pharmaceuticals Limited Pharmaceuticals 1.32%


Tech Mahindra Limited Software 1.15%


HDFC Life Insurance Company Limited Finance 0.86%


Tata Steel Limited Ferrous Metals 0.81%



Nestle India LimitedConsumer Non Durables

0.50%




NABARD ICRA A1+ 1.06%



Indiabulls Housing Finance Limited CRISIL A1+ 1.12%







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


Kotak Mahindra Prime Limited CRISIL AAA 1.13%



Bhopal Dhule Transmission Company Limited CRISIL AAA 0.79%

Gruh Finance Limited CRISIL AAA 0.67%

Indiabulls Housing Finance Limited CARE AAA 0.59%


Bajaj Finance Limited CRISIL AAA 0.46%


MARGIN FIXED DEPOSIT 1.12%



NET ASSETS 100.00%


AVERAGE MATURITY*@

1.5 years MODIFIED DURATION*@



8.14%

DEBT COMPONENT


EQUITY 70.28% Debt, Cash & other current assets 29.72%



AA 4.95%

AA- 2.77%

AA+ 0.45%

ENTRY & EXIT LOAD

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

FACTSHEETMARCH 2019



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Annual Dividend

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

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

Quarterly Dividend

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

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

PORTFOLIO

Instrument Type/Issuer Name Industry/Rating

% OF NAV

CORPORATE BOND 67.55%Power Finance Corporation Limited CRISIL AAA 11.21%Reliance Jio Infocomm Limited CRISIL AAA 10.28%Mahindra & Mahindra Financial Services Limited IND AAA 9.17%

Adani Transmission Limited IND AA+ 7.35%Dewan Housing Finance Corporation Limited CARE AA- 7.24%

Renew Power Limited CARE A+ 4.04%NABARD CRISIL AAA 3.71%National Highways Auth Of Ind CRISIL AAA 3.65%REC Limited CRISIL AAA 3.64%Muthoot Finance Limited CRISIL AA 3.58%HDFC Limited CRISIL AAA 1.85%Magma Fincorp Limited ICRA AA- 1.83%Blue Dart Express Limited ICRA AA 0.01%EQUITY 19.37%HDFC Bank Limited Banks 1.62%Kotak Mahindra Bank Limited Banks 1.54%Bajaj Finance Limited Finance 1.28%HDFC Limited Finance 0.96%ICICI Bank Limited Banks 0.95%Tata Consultancy Services Limited Software 0.95%Infosys Limited Software 0.93%Container Corporation of India Limited Transportation 0.72%Avenue Supermarts Limited Retailing 0.61%Bajaj Finserv Limited Finance 0.61%Info Edge (India) Limited Software 0.61%Multi Commodity Exchange of India Limited Finance 0.61%Maruti Suzuki India Limited Auto 0.61%PI Industries Limited Pesticides 0.60%








Blue Dart Express Limited Transportation 0.42%

ITC Limited Consumer Non Durables 0.40%


Varroc Engineering Limited Auto Ancilaries 0.39%


TCNS Clothing Co. Limited Textile Products 0.38%Motherson Sumi Systems Limited Auto Ancilaries 0.32%Mahindra & Mahindra Financial Services Limited Finance 0.31%

Cholamandalam Investment and Finance Company Limited Finance 0.30%

CERTIFICATE OF DEPOSIT 5.18%NABARD CRISIL A1+ 5.18%COMMERCIAL PAPER 3.63%Indiabulls Housing Finance Limited CRISIL A1+ 3.63%NET CURRENT ASSETS 4.28%NET ASSETS 100.00%

DATE OF ALLOTMENT


274.42 Cr.


272.19 Cr.

AVERAGE MATURITY@*

324 daysMODIFIED DURATION

@*


8.41%

Mr. Ashish NaikWork experience: 11 years.

He has been managing this fund since 22nd June 2016

FUND MANAGER


He has been managing this fund since 07th June 2016

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

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

DIVIDENDS

33

BENCHMARK

NIFTY50 Hybrid Short Duration

Debt 25:75 Index




CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Regular Saver Fund - Growth 5.56% 10,556 7.10% 12,282 8.79% 15,246 7.96% 19,48116-Jul-10NIFTY 50 Hybrid Short Duration Debt 25:75 Index

(Benchmark)9.77% 10,977 9.82% 13,239 9.61% 15,831 9.14% 21,416

NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.03% 10,603 5.91% 11,875 8.06% 14,737 6.53% 17,345Axis Regular Saver Fund - Direct Plan - Growth 6.52% 10,652 8.40% 12,733 10.30% 16,334 9.82% 17,929

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

9.77% 10,977 9.82% 13,239 9.61% 15,831 9.50% 17,605

NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.03% 10,603 5.91% 11,875 8.06% 14,737 6.51% 14,820Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 7th June 2016 and he manages 31 schemes & Ashish Naik is managing the scheme since 22nd June 2016 and he manages 18 schemes. Please refer to annexure on Page 42 & 43 - 44 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).

COMPOSITION BY ASSETS (%) Corporate Bond 67.55% Equity 19.37% Certificate of Deposit 5.18% Commercial Paper 3.63% Net Current Assets 4.28%


AAA, SOV & Equivalent 52.31% AA- 9.07% AA+ 7.35% A+ 4.04% AA 3.59%

ENTRY & EXIT LOAD

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

FACTSHEETMARCH 2019


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.

34

PORTFOLIO

Issuer Industry/Rating


EQUITY 67.51%














1.69%


1.67%


ITC LimitedConsumer Non Durables

1.47%

















Camlin Fine Sciences Limited Chemicals 0.59%


HDFC Life Insurance Company Limited Finance 0.51%


Sudarshan Chemical Industries Limited Chemicals 0.39%









Ujjivan Small Finance Bank Limited CARE A+ 1.24%




7.32% GOI (MD 28/01/2024) Sovereign 2.52%

7.59% GOI(MD 11/01/2026) Sovereign 0.13%


8.06% KARNATAKA SDL (MD 27/03/2029) Sovereign 1.24%




NET ASSETS 100.00%



DATE OF ALLOTMENT

08th December 2015

MONTHLY AVERAGE

395.59 Cr.


403.07 Cr.

BENCHMARK

NIFTY 50 Hybrid Composite Debt

65:35 Index

AVERAGE MATURITY@*


@*


8.64%PORTFOLIO TURNOVER#

(1 YEAR)

1.64 times


He has been managing this fund since 6th July 2016


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

FUND MANAGER

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

Period 1 Year 3 Years Since Inception

CAGR (%)


CAGR (%)


CAGR (%)

Current Value of


Date of inception

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

4.41% 10,441 9.04% 12,960 8.18% 12,969

08-Dec-15NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 13.11% 11,311 13.18% 14,490 12.38% 14,710Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 14.73% 15,752Axis Childrens Gift Fund - Compulsory Lock-in - Direct Plan - Growth

6.01% 10,601 10.80% 13,596 9.91% 13,66708-Dec-15NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 13.11% 11,311 13.18% 14,490 12.38% 14,710

Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 14.73% 15,752Axis Childrens Gift Fund - No Lock-in^ - Regular Plan - Growth

4.41% 10,441 9.04% 12,959 8.17% 12,96708-Dec-15NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 13.11% 11,311 13.18% 14,490 12.38% 14,710

Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 14.73% 15,752Axis Childrens Gift Fund - No Lock-in^ - Direct Plan - Growth

6.08% 10,608 11.04% 13,685 10.18% 13,780

08-Dec-15NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 13.11% 11,311 13.18% 14,490 12.38% 14,710Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 14.73% 15,752Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. Since inception returns for Axis Childrens Gift Fund - Compulsory Lock-in Regular Plan - Growth & Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth are calculated from 08th December 2015. The performance data for 5 years period has not been provided, since scheme is in existence for less than 5 years.Different plans have different expense structure. Ashish Naik manages 18 schemes & R. Sivakumar manages 7 schemes. Please refer to annexure on Page 42-43 for performance of all schemes managed by the fund managers.

COMPOSITION BY ASSETS (%) Equity 67.51% Debt, Cash & Other receivables 32.49%

AA 8.10% AAA, SOV & Equivalent 7.83% AA+ 3.69% A+ 3.22% AA- 2.47%

ENTRY & EXIT LOAD

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

FACTSHEETMARCH 2019


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)

35

PORTFOLIO

DATE OF ALLOTMENT

23rd August 2010MONTHLY AVERAGE

279.41 Cr.


282.07 Cr.

BENCHMARK65% of Nifty 50 + 20% of NIFTY Composite Debt

Index + 15% of INR Price of Gold

AVERAGE MATURITY@*

4.3 years


He has been managing the fund since 14th September 2010


He has been managing this fund since 22nd June 2016

FUND MANAGER


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

Regular Plan

Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

Others

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

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

DIVIDENDS


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Triple Advantage Fund - Growth 3.89% 10,389 7.83% 12,531 7.85% 14,591 7.77% 19,043

23-Aug-1065% of Nifty 50 + 20% of NIFTY Composite Debt Index + 15% of INR Price of Gold (Benchmark)

12.47% 11,247 12.56% 14,251 10.97% 16,821 9.57% 21,947

NIFTY 10 yr Benchmark G-Sec (Additional Benchmark)

6.03% 10,603 5.91% 11,875 8.06% 14,730 6.82% 17,635

Axis Triple Advantage Fund - Direct Plan - Growth

4.94% 10,494 9.07% 12,970 9.08% 15,440 7.85% 16,028

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

12.47% 11,247 12.56% 14,251 10.97% 16,821 10.15% 18,281

NIFTY 10 yr Benchmark G-Sec (Additional Benchmark)

6.03% 10,603 5.91% 11,875 8.06% 14,730 6.59% 14,891

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above.R. Sivakumar is managing the scheme since 14th September 2010 and he manages 7 schemes & Ashish Naik is managing the scheme since 22nd June 2016 and he manages 18 schemes. Please refer to annexure on Page 42 & 43 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).

MODIFIED DURATION@*



1.13 times



EQUITY 68.82%












TCNS Clothing Co. Limited Textile Products 1.92%



Titan Company LimitedConsumer Durables

1.82%

Larsen & Toubro LimitedConstruction Project

1.82%


1.80%



1.41%


1.39%









Camlin Fine Sciences Limited Chemicals 0.84%









India Infrastructure Fin Co Ltd CRISIL AAA 0.95%



Hindalco Industries Limited CRISIL AA 0.18%


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

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


8.06% KARNATAKA SDL (MD 27/03/2029) Sovereign 3.55%

GOLD 11.38%

AXIS MUTUAL FUND 11.38%


NET ASSETS 100.00%%

COMPOSITION BY ASSETS (%) Equity 68.82% Debt, Cash & Other receivables 19.80% Gold 11.38%


AAA, SOV & Equivalent 13.42% A+ 1.71% AA 1.04%

ENTRY & EXIT LOAD

Entry Load :NA

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

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

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

FACTSHEETMARCH 2019


DATE OF ALLOTMENT

14th August 2014MONTHLY AVERAGE

2,175.12 Cr.


2,098.63 Cr.

BENCHMARK

Nifty 50 Arbitrage Index

Mr. Viresh Joshi Work experience: 20 years +.

He has been managing the fund since 7th Match 2019

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

inception.

FUND MANAGER

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

(An Open Ended Scheme Investing In Arbitrage Opportunities )

36

AVERAGE MATURITY*@

100 daysMODIFIED DURATION*@



11.95 times


% Of Net Asset

Exposure EQUITY 69.01%


Reliance Industries LimitedPetroleum Products

8.98%


Sun Pharmaceutical Industries Limited Pharmaceuticals 5.94%



3.76%

United Spirits LimitedConsumer Non Durables

3.21%


Larsen & Toubro LimitedConstruction Project

3.05%


2.93%



State Bank of India Banks 1.60%


Page Industries Limited Textile Products 1.29%


Grasim Industries Limited Cement 1.08%

Cadila Healthcare Limited Pharmaceuticals 0.86%

UPL Limited Pesticides 0.86%


Tata Global Beverages LimitedConsumer Non Durables

0.54%




NABARD CRISIL A1+ 0.45%


Bahadur Chand Investments Pvt Limited ICRA A1+ 2.36%



HDFC Limited CRISIL A1+ 0.45%


Tata Capital Financial Services Limited CRISIL AAA 2.34%

India Infoline Finance Limited ICRA AA 2.10%


Adani Transmission Limited IND AA+ 0.71%







L&T Finance Limited ICRA AAA 0.18%


FIXED DEPOSIT 13.58%






NET ASSETS 100.00%

PORTFOLIO


CAGR (%)


CAGR (%)


CAGR (%)


CAGR (%)

Current Value of Investment of `

10,000

Date of inception

Axis Arbitrage Fund - Regular Plan - Growth 5.87% 10,587 6.11% 11,944 NA NA 6.50% 13,379

14-Aug-14Nifty 50 Arbitrage Index (Benchmark) 5.35% 10,535 5.27% 11,664 NA NA 6.02% 13,106

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 NA NA 7.63% 14,052

Axis Arbitrage Fund - Direct Plan - Growth 6.69% 10,669 6.97% 12,235 NA NA 7.38% 13,897

14-Aug-14Nifty 50 Arbitrage Index (Benchmark) 5.35% 10,535 5.27% 11,664 NA NA 6.02% 13,106

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 NA NA 7.63% 14,052Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 5 years period has not been provided for scheme/plan not in existence for 5 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above.Devang Shah is managing the scheme since inception and he manages 31 schemes & Viresh Joshi is managing the scheme since 7th March 2019 and he manages 1scheme. Please refer to annexure on Page 43 & 44 for performance of schemes managed by the fund managers. 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

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

Dividend

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

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

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

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

ENTRY & EXIT LOAD


DIVIDENDS

FACTSHEETMARCH 2019

37

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

Market value as on March 29, 2019 20,83,983 8,18,004 4,44,547 1,26,716

Returns (Annualised) 13.47% 12.39% 14.28% 10.72%

Benchmark Returns (Annualised) 12.22% 12.17% 14.18% 15.34%

Additional Benchmark Returns (Annualised) 12.49% 12.68% 15.50% 16.41%

SIP PERFORMANCE OF SELECT SCHEMES (as on 29th March 2019)

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

^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: Nifty 50. 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

SIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIPTotal Amount Invested 11,10,000 6,00,000 3,60,000 1,20,000





^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






^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

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

Total Amount Invested 8,10,000 6,00,000 3,60,000 1,20,000





^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: Nifty 50. 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 - Regular Plan - Growth Option

SIP Investments Since Inception SIP 3 Year SIP 1 Year SIPTotal Amount Invested 4,30,000 3,60,000 1,20,000

Market value as on March 29, 2019 4,96,467 4,06,114 1,24,758

Returns (Annualised) 8.02% 8.03% 7.56%

Benchmark Returns (Annualised) 9.23% 9.15% 10.37%

Additional Benchmark Returns (Annualised) 14.23% 14.18% 15.34%^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: NIFTY 50 Equity Savings Index. Additional Benchmak: Nifty 50. 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.

38

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

Total Amount Invested 1,70,000 1,20,000

Market value as on March 29, 2019 1,82,455 1,26,072

Returns (Annualised) 9.98% 9.68%

Benchmark Returns (Annualised) 7.25% 10.33%

Additional Benchmark Returns (Annualised) 12.79% 15.34%

SIP PERFORMANCE OF SELECT SCHEMES (as on 29th March 2019)

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

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

Axis Small Cap Fund - Regular Plan - Growth Option




Benchmark Returns (Annualised) 7.41% 5.43% 0.18% -4.50%


Axis Triple Advantage Fund - Growth OptionSIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIPTotal Amount Invested 10,30,000 6,00,000 3,60,000 1,20,000




Additional Benchmark Returns (Annualised) 6.77% 6.26% 4.65% 9.02%^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: NIFTY Composite Debt Index (20%), Nifty 50 (65%),Gold+15% Of INR Price of Gold. Additional Benchmak: NIFTY 10 yr Benchmark G-Sec. Inception Date: Aug 23, 2010. This scheme is managed by R. Sivakumar & Ashish Naik. Please refer to the Annexure for returns of all the schemes managed by them.

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

Axis Regular Saver Fund - Growth Option






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

Axis Dynamic Equity Fund - Regular Plan - Growth Option

SIP Investments Since Inception SIP 1 Year SIPTotal Amount Invested 2,00,000 1,20,000

Market value as on March 29, 2019 2,08,100 1,22,770

Returns (Annualised) 4.67% 4.33%

Benchmark Returns (Annualised) 10.13% 13.08%

Additional Benchmark Returns (Annualised) 12.34% 15.20%^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index. Ad-ditional Benchmak: Nifty 50. Inception Date: August 1, 2017. This scheme is managed by Anupam Tiwari, R. Sivakumar . Please refer to the Annexure for returns of all the schemes managed by them. SIP returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return).

39

NAV

Axis Liquid Fund (as on 31st March 2019)

Axis Dynamic Bond Fund

Axis Banking & PSU Debt Fund

Axis Gilt Fund

Axis Treasury Advantage Fund

Axis Corporate Debt Fund

Axis Short Term Fund

Axis Strategic Bond Fund

Option NAV (`)Daily Dividend 1001.3998Growth 2064.2930Monthly Dividend 1002.2975Weekly Dividend 1003.5163Retail Daily Dividend 1000.9559Retail Growth 1949.2031Retail Monthly Dividend 1001.6518Retail Weekly Dividend 1001.9935Direct Bonus 2072.5997Direct plan - Daily Dividend 1000.9560Direct plan - Growth 2072.7078Direct plan - Monthly Dividend 1001.7087Direct plan - Weekly Dividend 1003.5218

Option NAV (`)Growth 18.9061Half Yearly Dividend 10.4514Quarterly Dividend 10.3194Direct Plan - Growth 20.2334Direct Plan - Half Yearly Dividend 11.3055Direct Plan - Quarterly Dividend 10.5740

Option NAV (`)Growth 14.5446Monthly Dividend 10.1184Weekly Dividend 10.1875Direct Growth 15.3511Direct Monthly Dividend 10.0637Direct Weekly Dividend 10.2693

Option NAV (`)Daily Dividend 1014.4452Growth 1747.0298Monthly Dividend 1016.2979Weekly Dividend 1016.1914Direct Plan - Daily Dividend 1014.4453Direct Plan - Growth 1768.9149Direct Plan - Monthly Dividend 1016.3278Direct Plan - Weekly Dividend 1016.2200

Option NAV (`)Growth 15.9733Half Yearly Dividend 10.4308Regular Dividend 10.0817Direct Plan - Growth 16.4947Direct Plan - Half Yearly Dividend 10.4608Direct Plan - Regular Dividend 10.0831

Option NAV (`)Daily Dividend 1006.2334Growth 2087.0312Monthly Dividend 1007.7286Weekly Dividend 1008.2797Retail Daily Dividend 1005.4758Retail Growth 1953.0353Retail Monthly Dividend 1007.7242Retail Weekly Dividend 1006.8784Direct Plan - Daily Dividend 1007.2893Direct Plan - Growth 2144.8140Direct Plan - Monthly Dividend 1007.7602Direct Plan - Weekly Dividend 1006.9091

Option NAV (`)Regular Plan Regular Dividend 11.3994Regular Plan Daily Dividend 10.0727Regular Plan Growth 11.3988Regular Plan Monthly Dividend 10.0692Regular Plan Weekly Dividend 10.0816Direct Plan Regular Dividend 11.5636Direct Plan Daily Dividend 10.0793Direct Plan Growth 11.5665Direct Plan Monthly Dividend 10.0700Direct Plan Weekly Dividend 10.0764

Option NAV (`)Bonus 20.3402Growth 20.2245Monthly Dividend 10.1873Weekly Dividend 10.2733Regular Dividend 13.5301Retail Growth 19.9963Retail Monthly Dividend 10.0521Retail Weekly Dividend 10.1814Direct Plan - Regular Dividend 12.9288Direct Plan - Growth 21.2173Direct Plan - Monthly Dividend 10.0540Direct Plan - Weekly Dividend 10.2738

Option NAV (`)Growth 18.1823Half Yearly Dividend 10.4596Quarterly Dividend 10.2257Direct Plan - Growth 19.1468Direct Plan - Half Yearly Dividend 10.8481Direct Plan - Quarterly Dividend 10.7653

Option NAV (`)Dividend 15.05Growth 28.29Direct Plan - Dividend 16.52Direct Plan - Growth 30.42



Option NAV (`)Dividend 11.33Growth 11.33Direct Dividend 11.59Direct Growth 11.59



Axis Bluechip Fund

Axis Long Term Equity Fund

Axis Focused 25 Fund

Axis Multicap Fund

Axis Midcap Fund

Axis Arbitrage Fund

Equity Funds (as on 29th March 2019)

Debt Funds (as on 29th March 2019)

Option NAV (`)Regular Plan Regular Dividend 10.4523Regular Plan Daily Dividend 10.0246Regular Plan Growth 10.4523Regular Plan Monthly Dividend 10.0473Regular Plan Weekly Dividend 10.0705Direct Plan Regular Dividend 10.5004Direct Plan Daily Dividend 10.0246Direct Plan Growth 10.5001Direct Plan Monthly Dividend 10.0539Direct Plan Weekly Dividend 10.0715

Axis Ultra Short Term Fund

Axis Credit Risk Fund


Axis Small Cap Fund


Axis Growth Opportunities Fund

Axis Overnight Fund

Option NAV (`)Regular Daily Dividend 1000.5032Regular Growth 1002.5330Regular Monthly Dividend 1002.5349Regular Weekly Dividend 1001.3598Direct Daily Dividend 1000.5073Direct Growth 1002.5529Direct Monthly Dividend 1002.5590

40

NAV

Option NAV (`)Regular Regular Dividend 10.08Regular Growth 10.08Regular Monthly Dividend 10.08Regular Quarterly Dividend 10.08Direct Regular Dividend 10.19Direct Growth 10.19Direct Monthly Dividend 10.19Direct Quarterly Dividend 10.19

Axis Equity Hybrid Fund

Axis Equity Saver Fund Axis Regular Saver Fund

Option NAV (`)Regular Dividend 12.41Growth 12.78Monthly Dividend 10.70Quarterly Dividend 10.73Direct Regular Dividend 12.35Direct Growth 13.34Direct Monthly Dividend 11.16Direct Quarterly Dividend 11.21

Axis Children’s Gift Fund

Option NAV (`)Direct Plan - No Lock-In - Dividend 13.6588Direct Plan - No Lock-In - Growth 13.7801No Lock-In - Dividend 12.9725No Lock-In - Growth 12.9673Compulsory Lock-In - Dividend 12.9758Compulsory Lock-In - Growth 12.9689Dir Plan - Comp Lock-In - Dividend 13.6589Dir Plan - Comp Lock-In - Growth 13.6669

Axis Dynamic Equity Fund


Option NAV (`)Growth Option 19.4805Dividend Option - Half Yearly 10.5591Dividend Option - Quarterly 10.5297Dividend Option - Annual 11.1005Direct Plan - Growth 21.1051Direct Plan - Half Yearly Dividend 11.3577Direct Plan - Quarterly Dividend 13.3320Direct Plan - Annual Dividend 11.8983

Axis Triple Advantage Fund


Hybrid Funds (as on 29th March 2019)

Fund Name Minimum Investment Amount (`)

Additional Purchase Amount (`)

Minimum SIP Amount / in Multipules of (`)

Minimum Installments

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

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

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

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

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

Axis Small Cap Fund 5,000/1 100/1 1,000/1 12

Axis Growth Opportunities Fund 5,000/1 100/1 1,000/1 12

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

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

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

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

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

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

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

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

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

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

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

Axis Ultra Short Term Fund 5,000/1 100/1 1,000/1 12

Axis Liquid Fund Growth Option: `500 and in

multiples of ` 1/- there-after

All other Options:` 5,000 and in

multiples of `1/- thereaf-ter

Growth Option: ` 500 and in

multiples of ` 1/- thereafter All other

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

thereafter

- -

Axis Overnight Fund Growth Option: `500 and in

multiples of ` 1/- there-after

All other Options:` 5,000 and in

multiples of `1/- thereaf-ter

Growth Option: ` 500 and in

multiples of ` 1/- thereafter All other

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

thereafter

- -

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

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

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

Axis Equity Hybrid Fund 5,000/1 100/1 1,000/1 12

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).

41

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-1014.49% 11,449 15.78% 15,510 14.28% 19,483 11.92% 28,290

Nifty 50 (Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 10.26% 24,642S&P BSE Sensex (Additional Benchmark) 18.71% 11,871 16.64% 15,857 13.12% 18,518 10.42% 24,966Axis Bluechip Fund - Direct Plan - Growth

01-Jan-1316.10% 11,610 17.25% 16,104 15.68% 20,708 15.80% 24,975

Nifty 50 (Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 12.71% 21,104S&P BSE Sensex (Additional Benchmark) 18.71% 11,871 16.64% 15,857 13.12% 18,518 13.08% 21,542Axis Midcap Fund - Growth

18-Feb-119.08% 10,908 16.47% 15,787 19.01% 23,866 17.27% 36,420

S&P BSE Midcap (Benchmark) -2.07% 9,793 14.58% 15,030 18.29% 23,146 12.44% 25,887Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 11.14% 23,557Axis Midcap Fund - Direct Plan - Growth

01-Jan-1310.33% 11,033 17.80% 16,333 20.53% 25,422 18.36% 28,634

S&P BSE Midcap (Benchmark) -2.07% 9,793 14.58% 15,030 18.29% 23,146 14.50% 23,280Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 12.71% 21,104Axis Multicap Fund - Regular Plan - Growth@

20-Nov-1712.92% 11,292 NA NA NA NA 9.67% 11,330

Nifty 500 (Benchmark) 9.70% 10,970 NA NA NA NA 5.19% 10,708Nifty 50 (Additional Benchmark) 16.40% 11,640 NA NA NA NA 10.73% 11,480Axis Multicap Fund - Direct Plan - Growth@

20-Nov-1714.82% 11,482 NA NA NA NA 11.52% 11,590

Nifty 500 (Benchmark) 9.70% 10,970 NA NA NA NA 5.19% 10,708Nifty 50 (Additional Benchmark) 16.40% 11,640 NA NA NA NA 10.73% 11,480Axis Equity Advantage Fund - Series 1 - Regular Plan - Growth@

25-May-176.04% 10,604 NA NA NA NA 7.31% 11,390

75% Nifty 50 + 25% Crisil Composite Bond Fund Index (Benchmark) 14.06% 11,406 NA NA NA NA 11.35% 12,192Nifty 50 (Additional-l Benchmark) 16.40% 11,640 NA NA NA NA 13.12% 12,552Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth@

25-May-177.59% 10,759 NA NA NA NA 9.04% 11,730

75% Nifty 50 + 25% Crisil Composite Bond Fund Index (Benchmark) 14.06% 11,406 NA NA NA NA 11.35% 12,192Nifty 50 (Additional-l Benchmark) 16.40% 11,640 NA NA NA NA 13.12% 12,552Axis Equity Advantage Fund - Series 2 - Regular Plan - Growth@

03-Aug-178.51% 10,851 NA NA NA NA 5.59% 10,940

75% Nifty 50+ 25% Crisil Composite Bond Fund Index (s2) (Benchmark) 14.06% 11,406 NA NA NA NA 9.30% 11,583Nifty 50 (Additional-l Benchmark) 16.40% 11,640 NA NA NA NA 10.75% 11,838Axis Equity Advantage Fund - Series 2 - Direct Plan - Growth@

03-Aug-1710.45% 11,045 NA NA NA NA 7.56% 11,280

75% Nifty 50+ 25% Crisil Composite Bond Fund Index (s2) (Benchmark) 14.06% 11,406 NA NA NA NA 9.30% 11,583Nifty 50 (Additional-l Benchmark) 16.40% 11,640 NA NA NA NA 10.75% 11,838

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

29-Dec-098.50% 10,850 14.49% 14,994 17.96% 22,827 17.30% 43,762

S&P BSE 200 (Benchmark) 12.06% 11,206 16.11% 15,641 14.39% 19,576 10.73% 25,684Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 10.44% 25,069Axis Long Term Equity Fund - Direct Plan - Growth*

01-Jan-139.59% 10,959 15.72% 15,484 19.34% 24,193 20.18% 31,499

S&P BSE 200 (Benchmark) 12.06% 11,206 16.11% 15,641 14.39% 19,576 13.35% 21,855Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 12.71% 21,104Axis Focused 25 Fund - Growth

29-Jun-127.73% 10,773 17.06% 16,026 16.49% 21,440 15.91% 27,100

Nifty 50 (Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 13.78% 23,910S&P BSE 200 (Additional Benchmark) 12.06% 11,206 16.11% 15,641 14.39% 19,576 14.67% 25,191Axis Focused 25 Fund - Direct Plan - Growth

01-Jan-139.08% 10,908 18.48% 16,617 17.99% 22,854 15.86% 25,069

Nifty 50 (Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 12.71% 21,104S&P BSE 200 (Additional Benchmark) 12.06% 11,206 16.11% 15,641 14.39% 19,576 13.35% 21,855Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Regular Plan - Growth@

29-Dec -16

1.81% 10,181 NA NA NA NA 9.89% 12,360

S&P BSE Midcap (Benchmark) -2.07% 9,793 NA NA NA NA 13.56% 13,307Nifty 50 (Additional Benchmark) 16.40% 11,640 NA NA NA NA 18.97% 14,773Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Direct Plan- Growth@

29-Dec -16

3.38% 10,338 NA NA NA NA 11.61% 12,800

S&P BSE Midcap (Benchmark) -2.07% 9,793 NA NA NA NA 13.56% 13,307Nifty 50 (Additional Benchmark) 16.40% 11,640 NA NA NA NA 18.97% 14,773Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Regular Plan - Growth@

29-Dec -16

2.31% 10,231 NA NA NA NA 8.76% 11,910

S&P BSE Midcap (Benchmark) -2.07% 9,793 NA NA NA NA 7.79% 11,692Nifty 50 (Additional Benchmark) 16.40% 11,640 NA NA NA NA 15.27% 13,444Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Direct Plan- Growth@

29-Dec -16

3.96% 10,396 NA NA NA NA 10.45% 12,300

S&P BSE Midcap (Benchmark) -2.07% 9,793 NA NA NA NA 7.79% 11,692Nifty 50 (Additional Benchmark) 16.40% 11,640 NA NA NA NA 15.27% 13,444

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

14-Aug-158.37% 10,837 9.01% 12,948 NA NA 7.00% 12,780

NIFTY 50 Equity Savings Index (Benchmark) 9.95% 10,995 9.96% 13,287 NA NA 8.08% 13,255Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 NA NA 10.31% 14,273Axis Equity Saver Fund - Direct Plan - Growth@

14-Aug-159.68% 10,968 10.29% 13,407 NA NA 8.28% 13,340

NIFTY 50 Equity Savings Index (Benchmark) 9.95% 10,995 9.96% 13,287 NA NA 8.08% 13,255Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 NA NA 10.31% 14,273Axis Triple Advantage Fund - Growth

23-Aug-103.89% 10,389 7.83% 12,531 7.85% 14,591 7.77% 19,043

NIFTY Composite Debt Index (20%), Nifty 50 (65%),Gold (15%) (Benchmark) 12.47% 11,247 12.56% 14,251 10.97% 16,821 9.57% 21,947NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.03% 10,603 5.91% 11,875 8.06% 14,730 6.82% 17,635Axis Triple Advantage Fund - Direct Plan Growth

01-Jan-134.94% 10,494 9.07% 12,970 9.08% 15,440 7.85% 16,028

NIFTY Composite Debt Index (20%), Nifty 50 (65%),Gold (15%) (Benchmark) 12.47% 11,247 12.56% 14,251 10.97% 16,821 10.15% 18,281NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.03% 10,603 5.91% 11,875 8.06% 14,730 6.59% 14,891Axis Dynamic Bond Fund - Growth

27-Apr-117.48% 10,748 7.48% 12,411 8.65% 15,149 8.37% 18,906

NIFTY Composite Debt Index (Benchmark) 6.62% 10,662 7.41% 12,386 8.76% 15,224 8.27% 18,778NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.03% 10,603 5.91% 11,875 8.06% 14,737 6.90% 16,967Axis Dynamic Bond Fund - Direct Plan - Growth

01-Jan-138.38% 10,838 8.43% 12,741 9.81% 15,976 9.24% 17,362

NIFTY Composite Debt Index (Benchmark) 6.62% 10,662 7.41% 12,386 8.76% 15,224 8.04% 16,202NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.03% 10,603 5.91% 11,875 8.06% 14,737 6.59% 14,891Axis Dynamic Equity Fund -Regular Plan - Growth@@

1-Aug-175.49% 10,549 NA NA NA NA 5.45% 10,920

NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 11.65% 11,165 NA NA NA NA 7.67% 11,303Nifty 50 (Additional Benchmark) 16.40% 11,640 NA NA NA NA 10.05% 11,721Axis Dynamic Equity Fund - Direct Plan - Growth@@

1-Aug-177.24% 10,724 NA NA NA NA 7.25% 11,230

NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 11.65% 11,165 NA NA NA NA 7.67% 11,303Nifty 50 (Additional Benchmark) 16.40% 11,640 NA NA NA NA 10.05% 11,721Axis Capital Protection Oriented Fund - Series 5 #

02-Nov-129.83% 10,983 8.15% 12,644 7.31% 14,234 8.12% 16,485

Crisil Hybrid 85+15 - Conservative Index (Benchmark) 7.65% 10,765 8.96% 12,930 10.02% 16,125 9.30% 17,677NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 7.71% 14,502 7.63% 16,017Axis Childrens Gift Fund - Compulsory Lock-in - Regular Plan - Growth@

08-Dec-154.41% 10,441 9.04% 12,960 NA NA 8.18% 12,969

NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 13.11% 11,311 13.18% 14,490 NA NA 12.38% 14,710

Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 NA NA 14.73% 15,752Axis Childrens Gift Fund - Compulsory Lock-in - Direct Plan - Growth@

08-Dec-156.01% 10,601 10.80% 13,596 NA NA 9.91% 13,667

NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 13.11% 11,311 13.18% 14,490 NA NA 12.38% 14,710Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 NA NA 14.73% 15,752Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth@

08-Dec-154.41% 10,441 9.04% 12,959 NA NA 8.17% 12,967

NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 13.11% 11,311 13.18% 14,490 NA NA 12.38% 14,710Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 NA NA 14.73% 15,752Axis Childrens Gift Fund - No Lock-in - Direct Plan - Growth@

08-Dec-156.08% 10,608 11.04% 13,685 NA NA 10.18% 13,780

NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 13.11% 11,311 13.18% 14,490 NA NA 12.38% 14,710Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 NA NA 14.73% 15,752

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

09-Oct-097.52% 10,752 7.21% 12,322 7.76% 14,532 7.95% 20,651

NIFTY Liquid Index (Benchmark) 7.39% 10,739 7.03% 12,260 7.59% 14,420 7.88% 20,531NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,334 7.71% 14,497 6.93% 18,871Axis Liquid Fund - Direct Plan - Growth

31-Dec-127.57% 10,757 7.28% 12,347 7.83% 14,579 8.12% 16,289

NIFTY Liquid Index (Benchmark) 7.39% 10,739 7.03% 12,260 7.59% 14,420 7.92% 16,102NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,334 7.71% 14,497 7.61% 15,819

ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 29th March 2019)

42






CAGR (%)

CurrentValue of


CAGR (%) Current

Value Of

Investment

Of ` 10,000

Was Invested On

Inception DateAxis Liquid Fund - Retail Plan - Growth

01-Mar-106.93% 10,693 6.62% 12,121 7.19% 14,150 7.62% 19,499

NIFTY Liquid Index (Benchmark) 7.39% 10,739 7.03% 12,260 7.59% 14,420 8.08% 20,256NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,334 7.71% 14,497 7.07% 18,599Axis Treasury Advantage Fund - Growth

09-Oct-097.75% 10,775 7.43% 12,393 7.86% 14,605 8.08% 20,870

NIFTY Low Duration Debt Index (Benchmark) 7.72% 10,772 7.52% 12,424 8.06% 14,742 8.25% 21,201NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 7.71% 14,502 6.93% 18,864Axis Treasury Advantage Fund - Direct Plan - Growth

01-Jan-138.25% 10,825 7.95% 12,575 8.37% 14,953 8.65% 16,786

NIFTY Low Duration Debt Index (Benchmark) 7.72% 10,772 7.52% 12,424 8.06% 14,742 8.21% 16,365NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 7.71% 14,502 7.61% 15,807Axis Treasury Advantage Fund - Retail Plan - Growth

03-Mar-107.75% 10,775 7.03% 12,255 7.35% 14,261 7.65% 19,530

NIFTY Low Duration Debt Index (Benchmark) 7.72% 10,772 7.52% 12,424 8.06% 14,742 8.37% 20,737NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 7.71% 14,502 7.07% 18,589Axis Banking & PSU Debt Fund - Growth

08-Jun-128.94% 10,894 8.03% 12,603 8.33% 14,923 8.54% 17,470

NIFTY Banking & PSU Debt Index (Benchmark) 6.39% 10,639 7.31% 12,352 8.28% 14,893 8.35% 17,262NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 7.71% 14,502 7.60% 16,470Axis Banking & PSU Debt Fund - Direct Plan - Growth

01-Jan-139.24% 10,924 8.27% 12,686 8.55% 15,077 8.67% 16,802

NIFTY Banking & PSU Debt Index (Benchmark) 6.39% 10,639 7.31% 12,352 8.28% 14,893 8.13% 16,287NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 7.71% 14,502 7.61% 15,807Axis Equity Advantage Fund - Series 1 - Regular Plan - Growth@@

25-May-176.04% 10,604 NA NA NA NA 7.31% 11,390

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (Benchmark) 14.06% 11,406 NA NA NA NA 11.35% 12,192Nifty 50 TRI (Additional Benchmark) 16.40% 11,640 NA NA NA NA 13.12% 12,552Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth@@

25-May-177.59% 10,759 NA NA NA NA 9.04% 11,730

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (Benchmark) 14.06% 11,406 NA NA NA NA 11.35% 12,192Nifty 50 TRI (Additional Benchmark) 16.40% 11,640 NA NA NA NA 13.12% 12,552Axis Equity Advantage Fund - Series 2 - Regular Plan - Growth@@

03-AUG-178.51% 10,851 NA NA NA NA 5.59% 10,940

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (Benchmark) 14.06% 11,406 NA NA NA NA 9.30% 11,583Nifty 50 TRI (Additional Benchmark) 16.40% 11,640 NA NA NA NA 10.75% 11,838Axis Equity Advantage Fund - Series 2 - Direct Plan - Growth@@

03-Aug-1710.45% 11,045 NA NA NA NA 7.56% 11,280

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (Benchmark) 14.06% 11,406 NA NA NA NA 9.30% 11,583Nifty 50 TRI (Additional Benchmark) 16.40% 11,640 NA NA NA NA 10.75% 11,838

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

03-Jul-1716.33% 11,633 NA NA NA NA 13.56% 12,472

Nifty 50 TRI (Benchmark) 16.40% 11,640 NA NA NA NA 12.99% 12,363Axis Hybrid Fund - Series 30 - Regular Plan - Growth@

11-Feb-1610.52% 11,052 9.15% 12,999 NA NA 11.37% 14,007

Crisil Composite Bond Fund Index (85%) and Nifty 50 (15%) (Benchmark) 8.22% 10,822 8.94% 12,924 NA NA 9.70% 13,358NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 NA NA 7.27% 12,457Axis Hybrid Fund - Series 30 - Direct Plan - Growth@

11-Feb-1611.97% 11,197 10.61% 13,523 NA NA 12.84% 14,594

Crisil Composite Bond Fund Index (85%) and Nifty 50 (15%) (Benchmark) 8.22% 10,822 8.94% 12,924 NA NA 9.70% 13,358NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 NA NA 7.27% 12,457Axis Hybrid Fund - Series 29 - Regular Plan - Growth@

01-Feb-1610.22% 11,022 8.67% 12,827 NA NA 9.88% 13,465

Crisil Composite Bond Fund Index (85%) and Nifty 50 (15%) (Benchmark) 8.22% 10,822 8.94% 12,924 NA NA 9.18% 13,196NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 NA NA 7.24% 12,467Axis Hybrid Fund - Series 29 - Direct Plan - Growth@

01-Feb-1611.68% 11,168 10.12% 13,345 NA NA 11.34% 14,035

Crisil Composite Bond Fund Index (85%) and Nifty 50 (15%) (Benchmark) 8.22% 10,822 8.94% 12,924 NA NA 9.18% 13,196NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 NA NA 7.24% 12,467

BOTTOM 3 FUNDS MANAGED BY ASHISH NAIK (TOTAL SCHEMES MANAGED : 18 SCHEMES)Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth@

08-Dec-154.41% 10,441 9.04% 12,959 NA NA 8.17% 12,967

NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 13.11% 11,311 13.18% 14,490 NA NA 12.38% 14,710Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 NA NA 14.73% 15,752Axis Childrens Gift Fund - No Lock-in - Direct Plan - Growth@

08-Dec-156.08% 10,608 11.04% 13,685 NA NA 10.18% 13,780

NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 13.11% 11,311 13.18% 14,490 NA NA 12.38% 14,710Nifty 50 TRI (Additional Benchmark) 16.40% 11,640 16.10% 15,637 NA NA 14.73% 15,752Axis Triple Advantage Fund - Growth

23-Aug-103.89% 10,389 7.83% 12,531 7.85% 14,591 7.77% 19,043

NIFTY Composite Debt Index (20%), Nifty 50 (65%),Gold (15%) (Benchmark) 12.47% 11,247 12.56% 14,251 10.97% 16,821 9.57% 21,947NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.03% 10,603 5.91% 11,875 8.06% 14,730 6.82% 17,635Axis Triple Advantage Fund - Direct Plan - Growth

01-Jan-134.94% 10,494 9.07% 12,970 9.08% 15,440 7.85% 16,028

NIFTY Composite Debt Index (20%), Nifty 50 (65%),Gold (15%) (Benchmark) 12.47% 11,247 12.56% 14,251 10.97% 16,821 10.15% 18,281NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.03% 10,603 5.91% 11,875 8.06% 14,730 6.59% 14,891Axis Capital Builder Fund - Series 1 - Growth@@

08-Mar-180.30% 10,030 NA NA NA NA 0.47% 10,050

Nifty 500 TRI (Benchmark) 9.70% 10,970 NA NA NA NA 8.30% 10,880Nifty 50 TRI (Additional Benchmark) 16.40% 11,640 NA NA NA NA 14.31% 11,520Axis Capital Builder Fund - Series 1 - Direct Plan - Growth@@

08-Mar-181.89% 10,189 NA NA NA NA 2.08% 10,220

Nifty 500 TRI (Benchmark) 9.70% 10,970 NA NA NA NA 8.30% 10,880Nifty 50 TRI (Additional Benchmark) 16.40% 11,640 NA NA NA NA 14.31% 11,520

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

14-Aug-158.37% 10,837 9.01% 12,948 NA NA 7.00% 12,780

NIFTY50 Equity Savings Index (Benchmark) 9.95% 10,995 9.96% 13,287 NA NA 8.08% 13,255Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 NA NA 10.31% 14,273Axis Equity Saver Fund - Direct Plan - Growth @

14-Aug-159.68% 10,968 10.29% 13,407 NA NA 8.28% 13,340

NIFTY50 Equity Savings Index (Benchmark) 9.95% 10,995 9.96% 13,287 NA NA 8.08% 13,255Nifty 50 (Additional Benchmark) 16.40% 11,640 16.10% 15,637 NA NA 10.31% 14,273Axis Dynamic Equity Fund - Regular Plan - Growth@@

01-Aug-175.49% 10,549 NA NA NA NA 5.45% 10,920

NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 11.65% 11,165 NA NA NA NA 7.67% 11,303Nifty 50 (Additional Benchmark) 16.40% 11,640 NA NA NA NA 10.05% 11,721Axis Dynamic Equity Fund - Direct Plan - Growth@@

01-Aug-177.24% 10,724 NA NA NA NA 7.25% 11,230

NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 11.65% 11,165 NA NA NA NA 7.67% 11,303Nifty 50 (Additional Benchmark) 16.40% 11,640 NA NA NA NA 10.05% 11,721Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Regular Plan - Growth@

27-Feb-17

2.31% 10,231 NA NA NA NA 8.76% 11,910

S&P BSE MidCap (Benchmark) -2.07% 9,793 NA NA NA NA 7.79% 11,692Nifty 50 (Additional-l Benchmark) 16.40% 11,640 NA NA NA NA 15.27% 13,444Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Direct Plan@ - Growth

27-Feb-17

3.96% 10,396 NA NA NA NA 10.45% 12,300

S&P BSE MidCap (Benchmark) -2.07% 9,793 NA NA NA NA 7.79% 11,692Nifty 50 (Additional-l Benchmark) 16.40% 11,640 NA NA NA NA 15.27% 13,444

BOTTOM 3 FUNDS MANAGED BY ANUPAM TIWARI (TOTAL SCHEMES MANAGED : 7 SCHEMES) Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Regular Plan - Growth@

29-Dec-16

1.81% 10,181 NA NA NA NA 9.89% 12,360

S&P BSE MidCap TRI (Benchmark) -2.07% 9,793 NA NA NA NA 13.56% 13,307Nifty 50 TRI (Additional Benchmark) 16.40% 11,640 NA NA NA NA 18.97% 14,773Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Direct Plan - Growth@

29-Dec-16

3.38% 10,338 NA NA NA NA 11.61% 12,800

S&P BSE MidCap TRI (Benchmark) -2.07% 9,793 NA NA NA NA 13.56% 13,307Nifty 50 TRI (Additional Benchmark) 16.40% 11,640 NA NA NA NA 18.97% 14,773Axis Small Cap Fund - Regular Plan - Growth

29-Nov-130.73% 10,073 13.25% 14,517 19.54% 24,395 21.01% 27,640

Nifty Smallcap 100 TRI (Benchmark) -13.48% 8,652 11.95% 14,023 13.69% 18,984 16.04% 22,102Nifty 50 TRI (Additional Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 13.98% 20,094Axis Small Cap Fund - Direct Plan - Growth

29-Nov-131.80% 10,180 14.49% 14,997 20.87% 25,787 22.36% 29,320

Nifty Smallcap 100 TRI (Benchmark) -13.48% 8,652 11.95% 14,023 13.69% 18,984 16.04% 22,102Nifty 50 TRI (Additional Benchmark) 16.40% 11,640 16.10% 15,637 13.07% 18,474 13.98% 20,094Axis Capital Builder Fund - Series 1 - Growth@

08-Mar-180.30% 10,030 NA NA NA NA 0.47% 10,050

Nifty 500 TRI (Benchmark) 9.70% 10,970 NA NA NA NA 8.30% 10,880Nifty 50 TRI (Additional Benchmark) 16.40% 11,640 NA NA NA NA 14.31% 11,520Axis Capital Builder Fund - Series 1 - Direct Plan - Growth@

08-Mar-181.89% 10,189 NA NA NA NA 2.08% 10,220

Nifty 500 TRI (Benchmark) 9.70% 10,970 NA NA NA NA 8.30% 10,880Nifty 50 TRI (Additional Benchmark) 16.40% 11,640 NA NA NA NA 14.31% 11,520

TOP 3 FUNDS MANAGED BY DEVANG SHAH (TOTAL SCHEMES MANAGED : 31 SCHEMES)Axis Hybrid Fund - Series 30 - Regular Plan - Growth@@

11-Feb-1610.52% 11,052 9.15% 12,999 NA NA 11.37% 14,007

Crisil Composite Bond Fund Index (85%) and Nifty 50 (15%) (Benchmark) 8.22% 10,822 8.94% 12,924 NA NA 9.70% 13,358NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 NA NA 7.27% 12,457

ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 29th March 2019)

43

44

Total Expense Ratio**Scheme - Regular Plan / Retail Plan / Direct Plan : Axis Liquid Fund : 0.16% / 0.64% / 0.11%, Axis Treasury Advantage Fund : 0.55% / 0.55% / 0.25%, Axis Banking & PSU Debt Fund : 0.54% / 0.29%, Axis Short Term Fund : 0.88% / 0.88%/ 0.28%, Axis Dynamic Bond Fund : 1.38% / 0.62%, Axis Gilt Fund : 0.65% / 0.20%, Axis Strategic Bond Fund : 1.05% / 0.39%, Axis Credit Risk Fund : 1.78% / 0.58%, Axis Arbitrage Fund : 0.96% / 0.26%, Axis Corporate Debt Fund : 1.03% / 0.28%, Axis Regular Saver* : 2.29% / 1.32%, Axis Long Term Equity Fund*: 1.77% / 0.84%, Axis Focused 25 Fund* : 2.20% / 0.66%, Axis Bluechip Fund* : 1.86% / 0.77%, Axis Triple Advantage Fund* : 2.24% / 1.15%, Axis Midcap Fund: 1.95% / 0.85%, Axis Equity Saver Fund : 2.36% / 1.24%, Axis Children’s Gift Fund : 2.43% / 0.94%, Axis Dynamic Equity Fund : 2.00% / 0.66%, Axis Multi Cap Fund* : 2.26% / 0.57%, Axis Equity Hybrid Fund* : 1.97% / 0.58%, Axis Ultra Short Term Fund : 1.18% / 0.28%, Axis Growth Opportunities Fund* : 2.56% / 0.58% , Axis Small Cap Fund* : 2.77%, 1.63%, Axis Overnight Fund : 0.16%, 0.11%

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

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

The above data excludes performance of Fixed Maturity Plans and all the schemes which have not completed a year.

Jinesh Gopani is managing Axis Long Term Equity Fund since 1st April 2011, Axis Focused 25 Fund since 7th June 2016 and Axis Emerging Opportunites Fund Series 1 and Series 2 since inception, Axis Growth Opportunities Fund since inception. Shreyash Devalkar is managing Axis Bluechip Fund, Axis Midcap Fund since 23rd November 2016, Axis Equity Advantage Fund - Series 1 and Axis Equity Advantage Fund - Series 2 since inception and Axis Multicap Fund since 20th November 2017.

Anupam Tiwari is managing Axis Equity Saver Fund and Axis Small Cap Fund since 6th October, 2016, Axis Emerging Opportunities Fund - Series 1 since 29th December 2016, Axis Emerging Opportunities Fund - Series 2 since 17th Feb 2017, Axis Dynamic Equity Fund since inception, Axis Capital Builder Fund - Series 1 since 8th March 2018, Axis Capital Builder Fund - Series 4 since 21st December 2018

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, Axis Equity Hybrid Fund since inception & all Axis Hybrid Funds since 7th March, 2019. Axis Capital Protection Oriented Fund – Series 5 since 7th March 2019

Aditya Pagaria is managing Axis Ultra short term fund since inception and Axis Liquid Fund, Axis Treasury Advantage Fund, Axis Banking & PSU Debt Fund since 13th August, 2016, Axis Equity Advantage Fund Series - 1 since 26th May, 2017 & Axis Equity Advantage Fund Series - 2 since 7th March 2019, Axis Overnight Fund since inception .

R. Sivakumar is managing Axis Dynamic Bond Fund, Axis Equity Saver Fund (debt potion) and Axis Capital Protection Oriented Fund – Series 5 since inception, Axis Triple Advantage Fund since 14th September 2010 and Axis Children’s Gift Fund (debt portion) since 7th June 2016, Axis Dynamic Equity Fund since inception, Axis Equity Hybrid Fund since inception.

Viresh Joshi is managing Axis Arbitrage Fund since 7th March 2019

Dhaval Patel managing Axis Credit Risk Fund since inception.

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

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

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






CAGR (%)

CurrentValue of


CAGR (%) Current

Value Of

Investment

Of ` 10,000

Was Invested On

Inception DateAxis Hybrid Fund - Series 30 - Direct Plan - Growth@@

11-Feb-1611.97% 11,197 10.61% 13,523 NA NA 12.84% 14,594

Crisil Composite Bond Fund Index (85%) and Nifty 50 (15%) (Benchmark) 8.22% 10,822 8.94% 12,924 NA NA 9.70% 13,358NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 NA NA 7.27% 12,457Axis Hybrid Fund - Series 29 - Regular Plan - Growth@@

01-Feb-1610.22% 11,022 8.67% 12,827 NA NA 9.88% 13,465

Crisil Composite Bond Fund Index (85%) and Nifty 50 (15%) (Benchmark) 8.22% 10,822 8.94% 12,924 NA NA 9.18% 13,196NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 NA NA 7.24% 12,467Axis Hybrid Fund - Series 29 - Direct Plan - Growth@@

01-Feb-1611.68% 11,168 10.12% 13,345 NA NA 11.34% 14,035

Crisil Composite Bond Fund Index (85%) and Nifty 50(15%) (Benchmark) 8.22% 10,822 8.94% 12,924 NA NA 9.18% 13,196NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 NA NA 7.24% 12,467Axis Hybrid Fund - Series 35 - Regular Plan - Growth@@

01-Dec-169.57% 10,957 NA NA NA NA 10.03% 12,487

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 7.65% 10,765 NA NA NA NA 6.56% 11,591NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 NA NA NA NA 6.90% 11,678Axis Hybrid Fund - Series 35 - Direct Plan - Growth@@

01-Dec-1611.15% 11,115 NA NA NA NA 11.72% 12,936

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 7.65% 10,765 NA NA NA NA 6.56% 11,591NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 NA NA NA NA 6.90% 11,678

BOTTOM 3 FUNDS MANAGED BY DEVANG SHAH (TOTAL SCHEMES MANAGED : 31 SCHEMES)Axis Hybrid Fund - Series 5 - Regular Plan - Growth

25-Jul-134.62% 10,462 3.69% 11,146 3.93% 12,127 5.35% 13,442

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 7.65% 10,765 8.96% 12,930 10.02% 16,125 9.97% 17,158NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 7.71% 14,502 7.91% 15,407Axis Hybrid Fund - Series 5 - Direct Plan - Growth

25-Jul-135.82% 10,582 4.76% 11,494 4.96% 12,744 6.40% 14,220

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 7.65% 10,765 8.96% 12,930 10.02% 16,125 9.97% 17,158NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 7.71% 14,502 7.91% 15,407Axis Gold Fund - Growth

20-Oct-113.13% 10,313 1.73% 10,527 -1.09% 9,468 -0.15% 9,891

Domestic Price of Gold (Benchmark) 2.38% 10,238 2.96% 10,914 2.81% 11,484 1.32% 11,029Axis Gold Fund - Direct Plan - Growth

01-Jan-133.79% 10,379 2.54% 10,779 0.01% 10,004 -1.20% 9,273

Domestic Price of Gold (Benchmark) 2.38% 10,238 2.96% 10,914 2.81% 11,484 -0.33% 9,798Axis Gold ETF

10-Nov-101.58% 10,158 0.59% 10,178 0.94% 10,481 3.87% 13,751

Domestic Price of Gold (Benchmark) 2.38% 10,238 2.96% 10,914 2.81% 11,484 4.40% 14,351FUNDS MANAGED BY FUNDS MANAGED BY VIRESH JOSHI (TOTAL SCHEMES MANAGED : 1 SCHEME)

Axis Arbitrage Fund - Regular Plan - Growth@@

14-Aug-145.87% 10,587 6.11% 11,944 NA NA 6.50% 13,379

Nifty 50 Arbitrage Index (Benchmark) 5.35% 10,535 5.27% 11,664 NA NA 6.02% 13,106NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 NA NA 7.63% 14,052Axis Arbitrage Fund - Direct Plan - Growth@@

14-Aug-146.69% 10,669 6.97% 12,235 NA NA 7.38% 13,897

Nifty 50 Arbitrage Index (Benchmark) 5.35% 10,535 5.27% 11,664 NA NA 6.02% 13,106NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 NA NA 7.63% 14,052

FUNDS MANAGED BY FUNDS MANAGED BY DHAVAL PATEL (TOTAL SCHEMES MANAGED : 1 SCHEME)Axis Credit Risk Fund - Regular Plan - Growth@@

15-Jul-146.56% 10,656 7.35% 12,367 NA NA 8.28% 14,545

NIFTY Credit Risk Bond Index (Benchmark) 6.97% 10,697 8.29% 12,694 NA NA 9.09% 15,060NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 NA NA 7.66% 14,154Axis Credit Risk Fund - Direct Plan - Growth@@

15-Jul-147.81% 10,781 8.74% 12,851 NA NA 9.53% 15,351

NIFTY Credit Risk Bond Index (Benchmark) 6.97% 10,697 8.29% 12,694 NA NA 9.09% 15,060NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.60% 10,760 7.24% 12,330 NA NA 7.66% 14,154

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

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

Riskometer

Investors understand that their principal will beat moderately high risk

LOW HIGH

Moderate ModeratelyHighModerately

Low

HighLow

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

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

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

Riskometer

Investors understand that their principal will beat moderately low risk

LOW HIGH


Low

HighLow

Riskometer

Investors understand that their principal will beat low risk

LOW HIGH


Low

HighLow

Riskometer

Investors understand that their principal will beat moderate risk

LOW HIGH


Low

HighLow

Riskometer

Investors understand that their principal will beat moderately high risk

LOW HIGH


Low

HighLow

Mutual Funds Investment Planning - Mutual Funds Online ... Factsheet March 2019.pdfequity markets...

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Transcript of Mutual Funds Investment Planning - Mutual Funds Online ... Factsheet March 2019.pdfequity markets...