the rate are applicable for the financial year 2019-20 as per … july 20… · mar 15, 2018 2.00...

The rate are applicable for the financial year 2019-20 as per Finance Bill (No. 2), 2019

^^If total turnover or gross receipts of the financial year 2017-18 does not exceed 400 crores.`

ELSS investment is subject to lock-in for 3 years.As per the present tax laws, eligible investors (individual/HUF) are entitled to deduction from their gross income of the amount invested in Equity Linked Saving Scheme (ELSS) up to ` 1.5 lakhs (along with other prescribed investments) under section 80C of the Income Tax Act, 1961.Tax Savings of 46,800 shown above is calculated for the highest income tax slab.`

Total Income of Individual or HUF unit holder Rate of SurchargeExceeding 50 lac but not exceeding 1 crores 10%

Exceeding 1 crores but not exceeding 2 crores 15%

Exceeding 2 crores but not exceeding 5 crores 25%

Exceeding 2 crores 37%

$

$Individual/HUF

Individual/HUF

(e) If total turnover or gross receipts of the financial year 2017-18 does not exceed ` 400 crs.

ELSS investment is subject to lock-in for 3 years.As per the present tax laws, eligible investors (individual/HUF) are entitled to deduction from their gross income of the amount invested in Equity Linked Saving Scheme (ELSS) up to 1.5 lakhs (along with other prescribed investments) under section 80C of the Income Tax Act, 1961.Tax Savings of 46,800 shown above is calculated for the highest income tax slab.

``

(d) Finance Bill (No. 2), 2019 provides a rebate of lower of actual tax liability or ` 12,500 in case of individuals having total income of less than ̀ 5,00,000.

(c)

Total Income Rate of Surcharge

Exceeding 50 Lac but not exceeding 1 Crores 10%

Exceeding 1 Crores but not exceeding 2 Crores 15%

Exceeding 2 Crores but not exceeding 5 Crores 25%

Exceeding 2 Crores 37%

I N D E X

How To Read A Factsheet

Equity Funds

Debt Funds

Hybrid Funds

6

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

Axis Arbitrage Fund 37

Fixed Income Outlook 15Axis Liquid Fund 16

Axis Dynamic Bond Fund 21

Axis Strategic Bond Fund 23Axis Credit Risk Fund 24

Axis Banking & PSU Debt Fund 26

Axis Equity Saver Fund 29

Axis Regular Saver Fund 34

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

Axis Treasury Advantage Fund 19Axis Short Term Fund 20

Axis Gilt Fund 25

Tax Reckoner 2

Axis Corporate Debt Fund 22

Axis Dynamic Equity Fund 31

Hybrid Outlook 27

Axis Multicap Fund 12

Axis Ultra Short Term Fund 18

Axis Equity Hybrid Fund 33

Axis Small Cap Fund 13Axis Growth Opportunities Fund 14

17Axis Overnight Fund

I N D E X

NAV’s

Load Structure And Minimum Investment Amount

Annexure

Expense Ratios

Product Labeling

41

43

44

46

47

39SIP Performance Of Selected Schemes

EQUITYA U G U S T 2 0 1 9

2.1%5.7%

7.0%

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

GLOBALIndia’s economy has seen signs of slowdown over the last 12 months. Reasons for this could include: i) tightening credit supply to SMEs due to NBFC issues; ii) continued high real interest rates for a long period; iii) weakening business sentiments due to tighter compliance/regulatory environment on multiple fronts; iv) weaker investment cycle impacting job creation; v) NPL pressures making banks risk averse in lending; vi) slowing global growth. This has been a primary reason for the negative market tones. We see this as a near term challenge for markets, but retain our positive long term view on the markets given the structural transformation that the economy is currently going through.Our rationale for this revolves around 5 possible positive trends that are likely to shape market consensus over the next few quarters: i) continued low inflation enables more policy rate cuts and easier

In global market action, The US Fed cut rates for the first time since 2008 citing concerns about the global economy and muted U.S. inflation. Further pressure was seen across global markets as the US-China trade teams continue to flip flop on trade negotiations as they approach a finale on a possible trade deal.

Record US supplies, kept crude prices in check during the month. WTI Brent ended the month at US$65.13/bbl down 2% for the month. The India crude basket hovered around the US$ 63.4/barrel mark at the close of the month. Stable currency and crude prices kept prices of petrol and diesel at the pump unchanged for the month.

Retail inflation continued to climb during the month of June 2019, reaching an eight-month high of 3.18%. The corresponding May 2019 was 3.05%. Headline CPI inflation continues to remain manageable given the RBI’s stated mandate of 4% ± 2%. Food inflation has seen a spike as delayed monsoons affected sowing patterns of key crops affecting the demand supply situation and will be closely monitored by the RBI in the upcoming policy.

Amidst negative headwinds, frontline indices saw broad based selling on the back of weak domestic consumer sentiment and negative global news. Frontline indices S&P BSE Sensex and NIFTY 50 were down 4.9% & 5.7% respectively. On a YTD basis however, large cap indices continue to remain positive to date. Mid and small cap stocks continued their relative underperformance as against their large cap peers. NIFTY Midcap 100 & NIFTY small cap 100 were down 9.9% & 10.9%.

liquidity condition drives rate transmission; ii) Rewarding transparency and clean businesses and clean-up of bad business practices iii) potential conclusion of strategic deals in companies which have been the focus of the news thus restoring investor risk appetite; iv) stable INR and benign global liquidity attract foreign capital to domestic markets v) Normal monsoons and subsequent rural demand recovery during the festival season.

On Mid and small caps, we believe opportunities have emerged post the steep corrections. While the broader market is likely to remain volatile our focus will remain on companies with well-defined niches and strong moats are likely to deliver above average returns within the wider mid and small cap basket. Tactical investment opportunities can be looked at in the current market environment.

Early trends from the first quarter results indicate that while results continue to remain robust in companies with strong market presence and sharp business focus, the overall market weakness could add to pressures on earnings growth in the near term adding to weakness in investor sentiment. On the portfolio front, our focus on quality and bias towards fundamentally sound business models has been rewarded. The trend we are looking to play is the corporate deleveraging and operational efficiency story that is unravelling.

Investors

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

• Do not Panic - Corrections are healthy.

• Be fearful when others are greedy.

Distributors

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

• Investors trust you. Be Responsible!

• Effective Portfolio Management Key.

RESPONSIBLE INVESTING – TIP FOR THE MONTH

7

Source: Bloomberg, Axis MF Research.

Please refer to page no 41-42, 46, 47,49 for NAV, TER, Riskometer & Statutory Details.

Instrument Type/Issuer Name Industry % OF NAV

EQUITY 81.55%

Kotak Mahindra Bank Limited Banks 9.46%

HDFC Bank Limited Banks 7.97%

Bajaj Finance Limited Finance 7.80%

ICICI Bank Limited Banks 6.97%

Infosys Limited Software 6.25%

Tata Consultancy Services Limited Software 5.67%

HDFC Limited Finance 4.90%

Avenue Supermarts Limited Retailing 4.61%

Asian Paints Limited Consumer Non Durables 3.84%

Nestle India Limited Consumer Non Durables 3.00%

Larsen & Toubro Limited Construction Project 2.88%

Titan Company Limited Consumer Durables 2.86%

Bajaj Finserv Limited Finance 2.53%

Bandhan Bank Limited Banks 2.04%

Reliance Industries Limited Petroleum Products 1.79%

Pidilite Industries Limited Chemicals 1.53%

Divi's Laboratories Limited Pharmaceuticals 1.52%

Hindustan Unilever Limited Consumer Non Durables 1.49%

Maruti Suzuki India Limited Auto 1.35%

UltraTech Cement Limited Cement 1.01%

Bharti Airtel Limited Telecom - Services 0.98%

Shree Cement Limited Cement 0.56%

Gruh Finance Limited Finance 0.55%

DEBT, CASH & OTHER CURRENT ASSETS 18.45%

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)

FACTSHEETJULY 2019

8

PORTFOLIO

Financial Services 42.22

Consumer Goods 15.80

IT 11.92

Construction 2.88

Energy 1.79

Cement & Cement Products

1.57

Chemicals 1.53

Pharma 1.52

Automobile 1.35

Telecom 0.98

DATE OF ALLOTMENT

5thJanuary 2010

MONTHLY AVERAGE

6,392.40 Cr.

AS ON 31st JULY’19

6,500.66 Cr.

BENCHMARK

Nifty 50 TRI

STATISTICAL MEASURES(3 YEARS)

Standard Deviation - 12.27%

Beta - 0.89

Sharpe Ratio** - 0.55

FUND MANAGER

Mr. ShreyashDevalkar

Work experience: 18 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 5.75% (MIBOR as on 31-07-19) - 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 31st JULY 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 31st July 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 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

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 0.73% 10,073 12.53% 14,260 11.33% 17,105 11.72% 28,89005-Jan-10Nifty 50 TRI (Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 9.44% 23,716

S&P BSE Sensex TRI (Additional Benchmark) 0.93% 10,093 11.49% 13,865 9.09% 15,456 9.75% 24,358Axis Bluechip Fund - Direct Plan -Growth 2.09% 10,209 13.97% 14,815 12.67% 18,161 15.37% 25,616

01-Jan-13Nifty 50 TRI (Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 11.37% 20,311S&P BSE Sensex TRI (Additional Benchmark) 0.93% 10,093 11.49% 13,865 9.09% 15,456 11.95% 21,017Past 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 44 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

PORTFOLIOTURNOVER (1 YEAR)

0.90 times*

0.45 times^



IT 12.62 Consumer Goods 10.04 Industrial Manufacturing 9.38 Automobile 6.92

Chemicals 5.58 Cement & Cement Products 2.43 Pharma 1.61

DATE OF ALLOTMENT

29th June 2012MONTHLY AVERAGE

7,888.01Cr.


7,784.89 Cr.

BENCHMARK

Nifty 50 TRI



Beta - 0.98


FUND MANAGER

Mr. Jinesh Gopani Work experience:18 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 5.75% (MIBOR as on 31-07-19) - 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 31st JULY 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 -6.63% 9,337 12.00% 14,058 13.14% 18,546 15.22% 27,30029-Jun-12Nifty 50 TRI (Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 12.47% 23,012

S&P BSE 200 TRI (Additional Benchmark) -3.62% 9,638 9.23% 13,039 9.47% 15,723 13.10% 23,934Axis Focused 25 Fund - Direct Plan - Growth -5.37% 9,463 13.38% 14,586 14.58% 19,760 15.20% 25,369

01-Jan-13Nifty 50 TRI (Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 11.37% 20,311S&P BSE 200 TRI (Additional Benchmark) -3.62% 9,638 9.23% 13,039 9.47% 15,723 11.74% 20,765Past 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 44 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

PORTFOLIO


EQUITY 92.31%










Info Edge (India) Limited Software 4.69%

Supreme Industries Limited Industrial Products 4.52%



Cummins India Limited Industrial Products 3.00%


Shree Cement Limited Cement 2.43%

V-Guard Industries Limited Consumer Durables 1.86%

WABCO India Limited Auto Ancillaries 1.62%

Sun Pharmaceutical Industries Limited Pharmaceuticals 1.19%


Endurance Technologies Limited Auto Ancillaries 0.84%

OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 0.73%


GRAND TOTAL 100.00%

ENTRY & EXIT LOAD

FACTSHEETJULY 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


1.16 times*

0.74 times^


Financial Services

24.73

Industrial Manufacturing

16.50

Consumer Goods

13.32

IT 10.13

Automobile 3.11

Construction 2.90

Pharma 2.89

Fertilisers & Pesticides

2.30

Energy 2.09

Cement & Cement Products

2.03

Services 1.63

Chemicals 1.04

DATE OF ALLOTMENT

18th February 2011

MONTHLY AVERAGE

2,643.22 Cr.


2,634.45 Cr.

BENCHMARK

S&P BSE MidcapTRI



Beta - 0.74


FUND MANAGER

Mr. Shreyash Devalkar

Work experience: 18 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 5.75% (MIBOR as on 31-07-19) - 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 31st JULY 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 -3.18% 9,682 9.71% 13,213 11.61% 17,323 15.88% 34,75018-Feb-11S&P BSE Midcap TRI (Benchmark) -13.89% 8,611 3.62% 11,128 9.47% 15,728 10.32% 22,935

Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 10.17% 22,672Axis Midcap Fund - Direct Plan - Growth -1.98% 9,802 10.98% 13,677 12.95% 18,390 16.58% 27,443

01-Jan-13S&P BSE Midcap TRI (Benchmark) -13.89% 8,611 3.62% 11,128 9.47% 15,728 11.63% 20,626Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 11.37% 20,311Past 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 44 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

PORTFOLIO


EQUITY 82.63%


City Union Bank Limited Banks 5.19%



MphasiS Limited Software 3.96%

Bata India Limited Consumer Durables 3.72%


Astral Poly Technik Limited Industrial Products 3.25%

Cholamandalam Investment and Finance Company Limited Finance 2.91%

Voltas Limited Consumer Durables 2.90%


PI Industries Limited Pesticides 2.30%



Sundaram Finance Limited Finance 2.16%

Aditya Birla Fashion and Retail Limited Retailing 2.13%

Supreme Industries Limited Industrial Products 2.12%

Indraprastha Gas Limited Gas 2.09%

Sanofi India Limited Pharmaceuticals 2.05%

ACC Limited Cement 2.03%

Trent Limited Retailing 2.03%



The Indian Hotels Company Limited

Hotels, Resorts And Other Recreational Activities

1.63%

Berger Paints (I) Limited Consumer Non Durables 1.54%

SKF India Limited Industrial Products 1.48%

Kansai Nerolac Paints Limited Consumer Non Durables 1.44%

Mahindra & Mahindra Financial Services Limited Finance 1.35%

TTK Prestige Limited Consumer Durables 1.20%

AU Small Finance Bank Limited Banks 1.12%

Max Financial Services Limited Finance 1.10%

Aarti Industries Limited Chemicals 1.01%


IPCA Laboratories Limited Pharmaceuticals 0.91%



GRAND TOTAL 100.00%

ENTRY & EXIT LOAD

FACTSHEETJULY 2019


0.56 times*

0.42 times^



IT 13.43


Automobile 8.36

Chemicals 6.79

Industrial Manufacturing 5.03

Energy 3.99

Pharma 1.72

Construction 1.27

DATE OF ALLOTMENT

29th December 2009

MONTHLY AVERAGE

19,355.43 Cr.


18,952.64 Cr.

BENCHMARK

S&P BSE 200 TRI


Standard Deviation

- 13.41%

Beta - 0.95



0.65 times*

0.57 times^

FUND MANAGER

Mr. Jinesh Gopani Work experience: 18 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 5.75% (MIBOR as on 31-07-19) - 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 31th JULY 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 -3.03% 9,697 9.60% 13,173 12.92% 18,363 16.67% 43,89129-Dec-09S&P BSE 200 TRI (Benchmark) -3.62% 9,638 9.23% 13,039 9.47% 15,723 9.75% 24,402

Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 9.62% 24,127Axis Long Term Equity Fund - Direct Plan - Growth -2.05% 9,795 10.76% 13,597 14.19% 19,420 19.16% 31,697

01-Jan-13S&P BSE 200 TRI (Benchmark) -3.62% 9,638 9.23% 13,039 9.47% 15,723 11.74% 20,765Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 11.37% 20,311Past 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 44 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

PORTFOLIO


EQUITY 94.05%










Torrent Power Limited Power 3.99%





Symphony Limited Consumer Durables 2.06%







Motherson Sumi Systems Limited Auto Ancillaries 1.26%




Multi Commodity Exchange of India Limited Finance 0.72%

Mas Financial Services Limited Finance 0.57%



GRAND TOTAL 100.00%

ENTRY & EXIT LOAD

FACTSHEETJULY 2019


MONTHLY AVERAGE

3,992.50 Cr.


4,020.50 Cr.

BENCHMARK

Nifty 500 Index TRI

SECTORALLOCATION

(%)

AXIS MULTICAP FUND

12

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

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

Mr. Shreyash Devalkar Work experience: 18 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 79.85%


























GRAND TOTAL 100.00%



IT 10.45

Construction 2.73


Chemicals 1.78

Cement & Cement Products 1.60

Automobile 1.60

Pharma 1.56

Energy 1.54

Others 1.01

Telecom 0.89



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 0.17% 10,017 NA NA NA NA 8.60% 11,500 20-Nov-17Nifty 500 TRI (Benchmark) -5.15% 9,485 NA NA NA NA 0.47% 10,080Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 6.06% 11,048Axis Multicap Fund - Direct Plan - Growth 1.81% 10,181 NA NA NA NA 10.43% 11,830 20-Nov-17Nifty 500 TRI (Benchmark) -5.15% 9,485 NA NA NA NA 0.47% 10,080Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 6.06% 11,048Past 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 Axis Mutual Fund. Please refer to annexure on Page 44 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

ENTRY & EXIT LOAD

PORTFOLIOTURNOVER* (1 YEAR)

0.95 times

FACTSHEETJULY 2019


MONTHLY AVERAGE

512.11 Cr.


517.06 Cr.

BENCHMARK

Nifty Smallcap100 TRI

SECTORALLOCATION

(%)

AXIS SMALL CAP FUND*

13

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

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

FUND MANAGER

DATE OF ALLOTMENT

29th November 2013

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

PORTFOLIO


EQUITY 79.19%

NIIT Technologies Limited Software 4.07%

Galaxy Surfactants Limited Chemicals 6.45%

Mas Financial Services Limited Finance 5.35%


Gulf Oil Lubricants India Limited Petroleum Products 4.11%

TCNS Clothing Co. Limited Textile Products 3.77%

Neogen Chemicals Ltd Chemicals 3.70%

Can Fin Homes Limited Finance 3.25%

Vesuvius India Limited Industrial Products 3.21%

Vinati Organics Limited Chemicals 3.08%

Ahluwalia Contracts (India) Limited Construction 3.05%

Fine Organic Industries Limited Chemicals 2.93%

HeidelbergCement India Limited Cement 2.87%


Varroc Engineering Limited Auto Ancillaries 2.79%

Blue Star Limited Consumer Durables 2.47%

Indiamart Intermesh Limited Retailing 2.16%


VST Industries Limited Consumer Non Durables 2.05%


JK Cement Limited Cement 1.88%

Orient Refractories Limited Industrial Products 1.81%

Schaeffler India Limited Industrial Products 1.80%

Grindwell Norton Limited Industrial Products 1.53%


SRF Limited Textile Products 1.23%

Chalet Hotels Limited Hotels, Resorts And Other Recreational Activities 1.18%


Brigade Enterprises Limited Construction 0.50%



GRAND TOTAL 100.00%

Chemicals 17.44



IT 7.73

Consumer Goods 7.48

Textiles 5.00

Cement & Cement Products 4.75

Energy 4.11

Construction 3.55

Automobile 3.09

Pharma 2.01

Services 1.18



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

1.92% 10,192 8.42% 12,751 12.51% 18,038 19.59% 27,58029-Nov-13

Nifty Small Cap 100 TRI (Benchmark) -25.28% 7,472 -2.26% 9,337 2.77% 11,466 11.33% 18,378Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 12.33% 19,339Axis Small Cap Fund - Direct Plan - Growth 3.02% 10,302 9.61% 13,176 13.76% 19,059 20.92% 29,370 29-Nov-13Nifty Small Cap 100 TRI (Benchmark) -25.28% 7,472 -2.26% 9,337 2.77% 11,466 11.33% 18,378Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 12.33% 19,339Past 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. Anupam Tiwari is managing the scheme since 6th Oct 2016 and he manages 7 schemes of A xis Mutual Fund. Please refer to annexure on Page 45 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

ENTRY & EXIT LOAD


Standard Deviation

- 13.46%

Beta - 0.53


*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)

0.85 times

Mr. Anupam Tiwari Work experience: 14 years.

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

FACTSHEETJULY 2019

**Risk-free rate assumed to be 5.75% (MIBOR as on 31-07-19) - 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 31st JULY 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

763.56 Cr.


769.72 Cr.

BENCHMARK

S&P BSE 200 TRI

SECTORALLOCATION

(%)

AXIS GROWTH OPPORTUNITIES FUND

14

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

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

Mr. Jinesh Gopani Work experience: 18 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 98.11%DOMESTIC EQUITIES 68.46%Info Edge (India) Limited Software 7.17%Torrent Power Limited Power 6.47%Tata Consultancy Services Limited Software 5.14%Kotak Mahindra Bank Limited Banks 4.91%PI Industries Limited Pesticides 4.53%HDFC Limited Finance 4.49%Cummins India Limited Industrial Products 4.12%HDFC Bank Limited Banks 3.48%Bandhan Bank Limited Banks 2.98%Avenue Supermarts Limited Retailing 2.71%Bajaj Finance Limited Finance 2.64%Asian Paints Limited Consumer Non Durables 2.43%Supreme Industries Limited Industrial Products 2.29%ICICI Bank Limited Banks 2.26%Pidilite Industries Limited Chemicals 2.17%Gruh Finance Limited Finance 2.06%Sanofi India Limited Pharmaceuticals 1.85%Sundaram Finance Limited Finance 1.83%Bata India Limited Consumer Durables 1.72%Astral Poly Technik Limited Industrial Products 1.43%Aarti Industries Limited Chemicals 1.09%Endurance Technologies Limited Auto Ancillaries 0.65%OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 0.03%

INTERNATIONAL EQUITIES 29.65%

Visa Inc Data Processing & Outsourced Services 1.17%

JP Morgan Chase & Co Diversified Banks 1.16%Nestle SA Packaged Foods & Meats 1.13%Bank Of America Corp Diversified Banks 1.13%

Home Depot Inc Home Improvement Retail 1.11%

Texas Instrs Inc Com Semiconductors 1.09%United Health Group Inc Managed Health Care 1.07%Adobe Inc Application Software 1.07%Comcast Corp-Class A Cable & Satellite 1.05%AIA Group Ltd-Sp ADR Life & Health Insurance 1.05%Novartis AG-Sp ADR Pharmaceuticals 1.03%Philip Morris International Tobacco 1.03%Merck & Co Inc Shs Pharmaceuticals 1.02%

Alphabet Inc - Class A Interactive Media & Services 1.01%

Roche Holdings Ltd-Sp ADR Pharmaceuticals 1.00%

Booking Holdings Inc Internet & Direct Marketing Retail 0.98%

Union Pacific Corp Railroads 0.98%

Thermo Fisher Scientific Inc Life Sciences Tools & Services 0.97%

Danaher Corp Health Care Equipment 0.97%Autozone Inc (USD) Automotive Retail 0.95%

Adidas AG-Sp ADR Apparel, Accessories and Luxury Goods 0.94%

Total SA-Sp ADR Integrated Oil & Gas 0.94%

T-Mobile US Inc Wireless Telecommunica-tion Services 0.93%

HCA Healthcare Inc Health Care Services 0.92%Roper Technologies Inc Industrial Conglomerates 0.91%

Rockwell Automation Inc Electrical Components & Equipment 0.90%

Nasdaq Inc Financial Exchanges & Data 0.89%

Erste Group Bank AG-Sp ADR Diversified Banks 0.87%Fortive Corp Industrial Machinery 0.85%

Alphabet Inc - Class C Interactive Media & Services 0.52%


GRAND TOTAL 100.00%



IT 14.85

Consumer Goods 8.24

Energy 7.41

Pharma 6.01

Fertilisers & Pesticides 4.53

Chemicals 3.29

Services 1.83

Automobile 1.76

Healthcare Services 0.97

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

FACTSHEETJULY 2019

FIXEDINCOME

A U G U S T 2 0 1 9

10 YEAR G-SEC YIELD

6.37%

QUICK TAKE

CPI Inflation : Last 1 year

3.18%

4.17% 6.25%

Repo : Last 1 year5.75%

10 yr G-Sec : Last 1 year

6.37%

7.70%

• Market has normalized post the liquidity shock through coord inated RBI & government intervention. Focus on transmission of rates.

• Elongated rate cut cycle unlikely. Long bond rally played out in tandem with other global EM bond rallies. Short term bonds continue to look attractive given the relative spread over OIS.

• We advise investors to stay invested in short term strategies and actively look at credit funds. Accrual investors may look at active short term strategies at current levels.

• Growth Concerns – Economic Headwinds on Anvil: India’s economy has seen signs of slowdown over the last 12 months. Furthermore, given the fiscal situation and the latest tax collection numbers for the quarter, the asking rate for tax collections to meet budget estimates is at a steep 22%. Lower government spending to meet next year’s budget estimates could possibly crimp growth expectations even further given weak domestic demand and global economic conditions.

• 10 Year drops to 18 month lows; ends the month at 6.37%: Sovereign Bonds continued to see lower yields as a result of the budget announcement as well as the government’s intention to borrow in overseas markets to meet part of its funding requirements. Renewed interest from foreign investors across the debt markets also aided bond yields.

• CPI Inflation – Food Inflation Concern: Retail inflation continued to climb during the month of June 2019, reaching an eight-month high of 3.18%. The corresponding May 2019 was 3.05%. Headline CPI inflation continues to remain manageable given the RBI’s stated mandate of 4% ± 2%. Food inflation has seen a spike as delayed monsoons affected sowing patterns of key crops affecting the demand supply situation and will be closely monitored by the RBI in the upcoming policy.

• US Rates – A Global Worry; Gold Safe Haven: In global market action, The US Fed cut rates for the first time since 2008 citing concerns about the global economy and muted U.S. inflation. US rates dropped to its lowest levels 3 years in response to these comments and in response to fresh tariffs on Chinese goods. Gold has been the star performer this year as the safe haven asset received the highest flows since 2014.

Key Market Events Market ViewThe narrative around Indian economics has shifted from inflation to growth today. Given the current inflation trajectory, policymakers and the government are reasonably comfortable with inflation in the economy. The concerns today revolve around flagging growth and measures needed stimulate growth whilst maintaining the fiscal prudence. The upcoming RBI policy is likely to offer clues about policy action going forward. Clarity around the overseas government borrowing program as well as the mechanism for such a borrowing are also likely to impact long bonds going forward.

The RBI has been reducing the real rate by cutting policy rates in an attempt to prop up growth. However, sticky transmission has limited the impact of policy action. In a surplus liquidity environment, the spread between short term rates, which continue to remain elevated (between 75-100bps over the operative rate), are likely to see a natural compression. This compression can be used as an opportunity by investors to deploy funds in the short term strategies.

The credit space also continues to offer significant opportunities. 1-3 year corporate bonds continue to trade 150-175 bps above operative rates and hence look very attractive from risk reward perspective. Investors who understand credit risk and are ok with some short term volatility should invest in highly diversified largely AA oriented credit funds as we see AA spreads widening over the AAA curve making them attractive bets from a risk reward perspective.

Investors

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

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

Distributors





15 Source: Bloomberg, Axis MF Research.


PORTFOLIO

Instrument Type/Issuer Name RATING % Of NAVCOMMERCIAL PAPER 68.42%

Oil & Natural Gas Corporation Limited ICRA A1+ 5.96%

RELIANCE RETAIL LTD CRISIL A1+ 4.95%

Indian Oil Corporation Limited ICRA A1+ 4.47%

Tata Capital Financial Services Limited CRISIL A1+ 3.13%

National Bank For Agriculture and Rural Development ICRA A1+ 3.06%

Indian Railway Finance Corporation Limited CRISIL A1+ 2.47%

L&T Infrastructure Finance Company Limited ICRA A1+ 2.40%

Reliance Jio Infocomm Limited CRISIL A1+ 2.15%

Tata Capital Housing Finance Limited CRISIL A1+ 2.15%

Tata Motors Finance Limited ICRA A1+ 2.14%

Bajaj Finance Limited CRISIL A1+ 2.11%

Daimler Financial Services India Pvt Limited CRISIL A1+ 1.98%Cholamandalam Investment and Finance Company Limited CRISIL A1+ 1.98%

JSW Steel Limited ICRA A1+ 1.84%

LIC Housing Finance Limited CRISIL A1+ 1.64%

Indus Towers Limited CRISIL A1+ 1.48%

Chennai Petroleum Corporation Limited CRISIL A1+ 1.45%

Jio Digital Fibre Private Limited CRISIL A1+ 1.33%

National Fertilizers Limited ICRA A1+ 1.32%

Essel Mining And Industries Ltd ICRA A1+ 1.32%

Muthoot Finance Limited CRISIL A1+ 1.32%

National Housing Bank CRISIL A1+ 1.00%

L&T Finance Limited ICRA A1+ 1.00%

Tata Steel BSL Limited CARE A1+ 0.99%

CESC Limited ICRA A1+ 0.99%

TMF Holdings Limited ICRA A1+ 0.99%

Power Finance Corporation Limited CRISIL A1+ 0.82%

Hero Fincorp Limited CRISIL A1+ 0.82%

Birla Group Holdings Private Limited CRISIL A1+ 0.82%

Sundaram Finance Limited CRISIL A1+ 0.66%

Steel Authority of India Limited CARE A1+ 0.66%

Nabha Power Limited CRISIL A1+ 0.66%

TVS Credit Services Limited CRISIL A1+ 0.66%

Aditya Birla Fashion and Retail Limited CRISIL A1+ 0.66%

Tata Power Renewable Energy Limited CRISIL A1+ 0.66%

UPL Limited CRISIL A1+ 0.66%

Aditya Birla Finance Limited ICRA A1+ 0.66%

Julius Baer Capital India Pvt Ltd. CRISIL A1+ 0.58%

Network18 Media & Investments Limited ICRA A1+ 0.50%

Kotak Securities Limited CRISIL A1+ 0.50%

Grasim Industries Limited CRISIL A1+ 0.49%

Godrej Consumer Products Limited CRISIL A1+ 0.33%

Turquoise Invest & Finance Pvt Limited CRISIL A1+ 0.33%

ICICI Sec Primary Dealership Limited CRISIL A1+ 0.33%

Aditya Birla Capital Limited CRISIL A1+ 0.33%

Reliance Industries Limited CRISIL A1+ 0.33%

CEAT Limited CARE A1+ 0.33%

Hinduja Leyland Finance Limited CRISIL A1+ 0.33%

Varroc Engineering Limited ICRA A1+ 0.20%

Trapti Trading & Invest Pvt Limited ICRA A1+ 0.17%

HSBC InvestDirect Financial Services (India) Limited IND A1+ 0.16%

SBI Cards & Payment Services Pvt Limited CRISIL A1+ 0.16%

TREASURY BILL 18.33%

364 Days Tbill Sovereign 3.29%










CERTIFICATE OF DEPOSIT 5.39%

Bank of Baroda IND A1+ 4.05%

Canara Bank CRISIL A1+ 0.73%

RBL Bank Limited ICRA A1+ 0.61%

CORPORATE BOND 4.27%

REC Limited CRISIL AAA 1.35%

NABARD CRISIL AAA 1.08%

Mahindra & Mahindra Financial Services Limited IND AAA 0.50%

LIC Housing Finance Limited CRISIL AAA/CARE AAA 0.42%

HDFC Limited CRISIL AAA 0.37%

L&T Finance Limited CARE AAA 0.30%

Tata Capital Financial Services Limited ICRA AAA 0.18%

Sundaram Finance Limited ICRA AAA 0.08%

ZERO COUPON BOND 0.62%

LIC Housing Finance Limited CRISIL AAA 0.62%

NET CURRENT ASSETS 2.97%

GRAND TOTAL 100.00%

DATE OF ALLOTMENT

9th October 2009MONTHLY AVERAGE

32,729.99 Cr.


30,114.83 Cr.

BENCHMARK

NIFTY Liquid Index

AVERAGE MATURITY*

34 daysMODIFIED DURATION*

31 daysMACULARY DURATION*

34 daysPORTFOLIO YIELD (YIELD TO MATURITY&)

6.01%

Mr. Devang ShahWork experience: 18 years.

He has been managing this fund since5th November 2012.

Mr. Aditya PagariaWork experience: 12 years.

He has been managing this fund since13th August 2016.

FUND MANAGER

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

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

AXIS LIQUID FUND(An Open-Ended Liquid Scheme)

Entry Load : NAExit Load : NIL

16

^^


Regular Plan Retail Plan Direct Plan

Options Record Date

Dividend (` Per unit)

NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)

Individ-uals/ HUF

OthersIndividu-

als/ HUF

Oth-ers

Individu-als/ HUF

Others

Monthly Dividend

July 25, 2019 3.0783 2.8505 1,005.1478 1,000.8742 3.7555 3.4505 1,005.4540 1,000.2810 4.0401 3.7412 1,005.8897 1,000.2808 July 02, 2019 4.8405 4.4823 1,007.5942 1,000.8742 - - - - - - - - Jun 25, 2019 - - - - 3.6262 3.3643 1,005.3248 1,000.2810 3.9355 3.6443 1,005.7444 1,000.2808 May 27, 2019 4.5325 4.1972 1,007.1667 1,000.8742 4.1999 3.9138 1,006.1486 1,000.2810 4.5638 4.2261 1,006.6166 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 7.45% 10,745 7.12% 12,291 7.62% 14,443 7.92% 21,134

09-Oct-09NIFTY Liquid Index (Benchmark) 7.31% 10,731 6.93% 12,225 7.44% 14,319 7.85% 20,999NIFTY 1 Year T-Bill Index (Additional Benchmark)

7.91% 10,791 7.00% 12,252 7.54% 14,383 6.90% 19,247

Axis Liquid Fund - Direct Plan - Growth 7.51% 10,751 7.19% 12,314 7.69% 14,489 8.07% 16,673

31-Dec-12NIFTY Liquid Index (Benchmark) 7.31% 10,731 6.93% 12,225 7.44% 14,319 7.87% 16,469NIFTY 1 Year T-Bill Index (Additional Benchmark)

7.91% 10,791 7.00% 12,252 7.54% 14,383 7.54% 16,134

Axis Liquid Fund - Retail - Growth 6.89% 10,689 6.54% 12,092 7.05% 14,063 7.59% 19,923

01-Mar-10NIFTY Liquid Index (Benchmark) 7.31% 10,731 6.93% 12,225 7.44% 14,319 8.04% 20,718NIFTY 1 Year T-Bill Index (Additional Benchmark)

7.91% 10,791 7.00% 12,252 7.54% 14,383 7.03% 18,970

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 27 schemes & Aditya Pagaria is managing the scheme since 13th August 2016 and he manages 7 schemes. Please refer to annexure on Page 44 - 45 & 45 - 46 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

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

ENTRY & EXIT LOAD

FACTSHEETJULY 2019

Commercial Paper 68.42% Treasury Bill 18.33% Certificate of Deposit 5.39% Corporate Bond 4.27% Zero Coupon Bond 0.62% Net Current Assets 2.97%

AAA, SOV & Equivalent 100.00%


PORTFOLIO

Instrument Type/Issuer Name RATING % Of NAV

Net Current Assets 100.00%

GRAND TOTAL 100.00%

DATE OF ALLOTMENT

15th March 2019MONTHLY AVERAGE

261.36 Cr.


361.56 Cr.

BENCHMARK

NIFTY 1D Rate Index

AVERAGE MATURITY*




5.80%


He has been managing this fund since inception

FUND MANAGER


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

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

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

Entry Load : NAExit Load : NIL

17

^^


Options Record Date


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individ-uals/ HUF

OthersIndividuals/

HUFOthers

Monthly Dividend

July 25, 2019 3.3158 3.0701 1,005.4413 1,000.8385 3.3528 3.1062 1,005.5026 1,000.8457

Jun 25, 2019 3.2174 2.9784 1,005.3038 1,000.8385 3.2553 3.0132 1,005.3632 1,000.8457

May 27, 2019 3.6572 3.3871 1,005.9166 1,000.8385 3.6925 3.4203 1,005.9734 1,000.8457


DIVIDENDS


ENTRY & EXIT LOAD

FACTSHEETJULY 2019

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


PORTFOLIO

MONTHLY AVERAGE

2,056.54 Cr.


2,025.17 Cr.

BENCHMARK

CRISIL Ultra Short Term Debt Index

AXIS ULTRA SHORT TERM FUND

18

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

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

Mr. Aditya Pagaria Work experience: 12 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

July 25, 2019 0.0448 0.0414 10.0974 10.0352 0.0502 0.0464 10.1136 10.0439

Monthly DividendJun 25, 2019 0.0445 0.0412 10.0890 10.0272 0.0504 0.0466 10.1058 10.0358

May 27, 2019 0.0456 0.0422 10.1002 10.0368 0.0506 0.0468 10.1157 10.0454 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

AVERAGE MATURITY*


165 days

PORTFOLIO YIELD (YIELD TO MATURITY&)

7.20%




National Housing Bank IND AAA 4.96%


L&T Finance Limited CARE AAA/ICRA AAA 3.62%

Reliance Jio Infocomm Limited CRISIL AAA 2.73%

Nirma Limited CRISIL AA 2.70%



Dalmia Cement (Bharat) Limited ICRA AA 1.97%

IDFC First Bank Limited ICRA AA/CARE AA+ 1.92%

Bahadur Chand Investments Pvt Limited ICRA AA 1.74%

Hinduja Leyland Finance Limited CARE AA- 1.73%

Mahindra Rural Housing Finance IND AA+ 1.73%

Indiabulls Housing Finance Limited BWR AAA 1.73%

Tata Motors Limited CARE AA 1.49%

Muthoot Finance Limited CRISIL AA 1.42%

Power Finance Corporation Limited CRISIL AAA 1.39%

Tata Capital Financial Services Limited ICRA AAA 1.24%

Coastal Gujarat Power Limited CARE AA(SO) 1.24%

Small Industries Dev Bank of India CARE AAA 1.24%

Vedanta Limited CRISIL AA 1.23%

Northern Arc Capital Limited ICRA A+ 0.99%

Bank of Baroda CARE AA 0.89%

Avenue Supermarts Limited CRISIL AA+ 0.74%

Talwandi Sabo Power Limited CRISIL AA(SO) 0.74%

Hero Fincorp Limited CRISIL AA+ 0.74%


Magma Fincorp Limited ICRA AA- 0.49%

Shriram Transport Finance Company Limited IND AA+ 0.48%

IndoStar Capital Finance Limited CARE AA- 0.35%

PVR Limited CRISIL AA- 0.25%

Reliance Industries Limited CRISIL AAA 0.25%

Asirvad Microfinance Ltd CRISIL A+ 0.25%


NABARD CRISIL A1+/IND A1+ 5.88%


IDFC First Bank Limited ICRA A1+ 2.45%

IndusInd Bank Limited CRISIL A1+ 2.38%

Punjab National Bank CARE A1+ 2.37%

Small Industries Dev Bank of India CARE A1+ 1.66%

Oriental Bank of Commerce CRISIL A1+ 1.22%

Export Import Bank of India CRISIL A1+ 1.17%

ICICI Bank Limited ICRA A1+ 0.97%

COMMERCIAL PAPER 17.47%

HDFC Limited CRISIL A1+ 6.70%

Tata Motors Limited CRISIL A1+ 2.42%

Larsen & Toubro Limited CRISIL A1+ 2.41%

Cholamandalam Investment and Finance Company Limited CRISIL A1+ 2.32%

India Infoline Finance Limited CRISIL A1+ 1.23%

JM Financial Services Limited ICRA A1+ 1.22%

Power Finance Corporation Limited CRISIL A1+ 1.19%



TMF Holdings Limited CRISIL AA 1.18%

Mahindra & Mahindra Financial Services Limited CARE AAA 0.93%

JSW Techno Projects Management Limited BWR A(SO) 0.54%

IIFL Home Finance Limited CRISIL AA 0.53%

PASS THROUGH CERTIFICATE 4.07%

RENT-A-DEVICE TRUST ICRA AAA(SO) 2.43%

MFL Securitisation Trust CRISIL AAA(SO) 1.64%


GRAND TOTAL 100.00%

ENTRY & EXIT LOAD

MACULARY DURATION*

175 days

FACTSHEETJULY 2019

Sovereign/ AAA & Equivalent 74.66% AA 16.85% AA+ 3.89% AA- 2.82% A+ 1.24% A 0.54%

Corporate Bond 48.94% Certificate of Deposit 21.40% Commercial Paper 17.47% Zero Coupon Bond 4.55% Pass Through Certificate 4.07% Net Current Assets 3.56%


PORTFOLIO

DATE OF ALLOTMENT

9th October 2009MONTHLY AVERAGE

1,457.99 Cr.


1,577.35 Cr.

BENCHMARK

NIFTY Low Duration Debt

Index

AVERAGE MATURITY*

315 daysMODIFIED DURATION

*



7.11%


He has been managing this fund since07th June 2016.



FUND MANAGER


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

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

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

19



Options Record Date


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)

Indi-viduals/ HUF

OthersIndividu-

als/ HUF

OthersIndi-

viduals/ HUF

Others

Monthly Dividend

July 25, 2019 6.1412 5.6868 1,013.9771 1,005.4514 6.1793 5.7189 1,014.0221 1,005.4482 6.3557 5.8854 1,014.2764 1,005.4530 Jun 25, 2019 3.9995 3.7034 1,011.0038 1,005.4514 4.0146 3.7157 1,011.0188 1,005.4482 4.1800 3.8706 1,011.2559 1,005.4530 May 27, 2019 7.0590 6.5367 1,015.2513 1,005.4514 7.0644 6.5430 1,015.2576 1,005.4482 7.2531 6.7165 1,015.5224 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 8.75% 10,875 7.48% 12,421 7.91% 14,633 8.11% 21,49909-Oct-09NIFTY Low Duration Debt Index (Benchmark) 8.39% 10,839 7.46% 12,413 8.00% 14,698 8.28% 21,821

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 7.54% 14,383 6.90% 19,247Axis Treasury Advantage Fund - Direct Plan - Growth 9.17% 10,917 8.00% 12,602 8.40% 14,972 8.69% 17,309

01-Jan-13NIFTY Low Duration Debt Index (Benchmark) 8.39% 10,839 7.46% 12,413 8.00% 14,698 8.25% 16,844NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 7.54% 14,383 7.53% 16,128Axis Treasury Advantage Fund - Retail - Growth 8.74% 10,874 7.16% 12,310 7.45% 14,323 7.71% 20,119

03-Mar-10NIFTY Low Duration Debt Index (Benchmark) 8.39% 10,839 7.46% 12,413 8.00% 14,698 8.38% 21,343NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 7.54% 14,383 7.03% 18,967Past 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 27 schemes & Aditya Pagaria is managing the scheme since 13th August 2016 and he manages 7 schemes. Please refer to annexure on 44 - 45 & 45 - 46 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).The performance given above is for Other than Direct Plan unless specified.




National Housing Bank IND AAA 7.97%

LIC Housing Finance Limited CARE AAA/CRISIL AAA 5.43%



Piramal Capital & Housing Finance Limited ICRA AA 3.80%


Citicorp Finance India Limited ICRA AAA 3.17%



ICICI Home Finance Company Limited ICRA AAA 1.57%

Mahindra & Mahindra Financial Services Limited

IND AAA 1.27%

Export Import Bank of India CRISIL AAA 0.64%


Power Grid Corporation of India Limited CRISIL AAA 0.32%





HDFC Bank Limited IND A1+ 4.51%

NABARD IND A1+ 3.05%

ICICI Bank Limited ICRA A1+ 3.05%

IndusInd Bank Limited CRISIL A1+ 1.52%

Export Import Bank of India CRISIL A1+ 1.50%



SBI Cards & Payment Services Pvt Limited CRISIL A1+ 3.09%

Mahindra & Mahindra Financial Services Limited CRISIL A1+ 3.04%

Cholamandalam Investment and Finance Company Limited CRISIL A1+ 2.97%

HDFC Credila Financial Services Pvt Limited CRISIL A1+ 1.83%

LIC Housing Finance Limited CRISIL A1+ 1.50%


Mahindra & Mahindra Financial Services Limited CARE AAA 0.38%


GRAND TOTAL 100.00%


ENTRY & EXIT LOAD

FACTSHEETJULY 2019

Corporate Bond 50.26% Certificate of Deposit 30.26% Commercial Paper 16.01% Zero Coupon Bond 0.38% Net Current Assets 3.09%

Sovereign/ AAA & Equivalent 96.20% AA 3.80%


PORTFOLIO

DATE OF ALLOTMENT

22nd January 2010

MONTHLY AVERAGE

2,352.48 Cr.


2,053.61 Cr.

BENCHMARKNIFTY Short

Duration Debt Index

AVERAGE MATURITY*

2.7 yearsMODIFIED DURATION

*

2.1 yearsMACULARY DURATION*

2.3 yearsPORTFOLIO YIELD (YIELD TO MATURITY&)

7.56%



FUND MANAGER


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

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

20


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Individuals/ HUF

Others

July 25, 2019 0.0737 0.0682 10.1588 10.0565 0.0580 0.0537 10.1315 10.0509 0.0617 0.0571 10.1379 10.0522 Monthly Dividend

Jun 25, 2019 0.1228 0.1137 10.2132 10.0426 0.0448 0.0415 10.0779 10.0156 0.0485 0.0449 10.0841 10.0168 May 27, 2019 0.0746 0.0691 10.2638 10.1601 0.0736 0.0682 10.1278 10.0256 0.0775 0.0718 10.1346 10.0269


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 9.43% 10,943 7.42% 12,401 8.11% 14,771 8.06% 20,91822-Jan-10NIFTY Short Duration Debt Index (Benchmark) 9.32% 10,932 7.51% 12,433 8.20% 14,836 8.13% 21,052

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 7.54% 14,383 6.97% 18,998Axis Short Term Fund - Direct Plan - Growth 10.12% 11,012 8.15% 12,655 8.91% 15,324 8.93% 17,560

01-Jan-13NIFTY Short Duration Debt Index (Benchmark) 9.32% 10,932 7.51% 12,433 8.20% 14,836 8.37% 16,973NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 7.54% 14,383 7.53% 16,128Axis Short Term Fund - Retail - Growth 9.43% 10,943 7.42% 12,401 8.12% 14,776 8.02% 20,682

02-Mar-10NIFTY Short Duration Debt Index (Benchmark) 9.32% 10,932 7.51% 12,433 8.20% 14,836 8.17% 20,960NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 7.54% 14,383 7.03% 18,969Past 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 27 schemes of Axis Mutual Fund. Please refer to annexure on Page 45 - 46 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.



ENTRY & EXIT LOAD

FACTSHEETJULY 2019

Instrument Type/Issuer Name RATING % Of NAVCORPORATE BOND 75.12%


LIC Housing Finance Limited CRISIL AAA/CARE AAA 9.47%




Tata Sons Private Ltd CRISIL AAA 5.12%

India Grid Trust InvIT Fund CRISIL AAA 4.88%


Jamnagar Utilities & Power Private Limited CRISIL AAA 3.57%


L&T Housing Finance CARE AAA 2.43%


Gruh Finance Limited CRISIL AAA 1.94%


Sikka Ports and Terminals Limited CRISIL AAA 0.96%

Aditya Birla Finance Limited ICRA AAA 0.74%

HDB Financial Services Limited CRISIL AAA 0.72%

Bhopal Dhule Transmission Company Limited CRISIL AAA 0.35%

Bajaj Finance Limited CARE AAA 0.29%

HDFC Bank Limited CRISIL AAA 0.26%

NHPC Limited ICRA AAA 0.15%

L&T Infrastructure Finance Company Limited CARE AAA 0.05%


GOVERNMENT BOND 12.13%

7.32% GOI (MD 28/01/2024) Sovereign 4.08%

7.27% GOI (MD 08/04/2026) Sovereign 2.53%

8.12% GOI (MD 10/12/2020) Sovereign 1.00%

6.79% GOI (MD 15/05/2027) Sovereign 0.65%

8.13% GOI (MD 22/06/2045) Sovereign 0.56%

7.88% GOI (MD 19/03/2030) Sovereign 0.53%

7.59% GOI (MD 11/01/2026) Sovereign 0.49%

7.68% GOI (MD 15/12/2023) Sovereign 0.37%

9.20% GOI (MD 30/09/2030) Sovereign 0.29%

7.95% GOI (MD 28/08/2032) Sovereign 0.27%

7.40% GOI (MD 09/09/2035) Sovereign 0.26%

6.65% GOI (MD 09/04/2020) Sovereign 0.24%

7.73% GOI (MD 19/12/2034) Sovereign 0.21%

8.83% GOI (MD 25/11/2023) Sovereign 0.16%

7.26% GOI (MD 14/01/2029) Sovereign 0.13%

8.15% GOI (MD 24/11/2026) Sovereign 0.11%

7.35% GOI (MD 22/06/2024) Sovereign 0.10%

8.35% GOI (MD 14/05/2022) Sovereign 0.08%

7.17% GOI (MD 08/01/2028) Sovereign 0.04%

6.79% GOI (MD 26/12/2029) Sovereign 0.03%

7.37% GOI (MD 16/04/2023) Sovereign 0.01%

7.59% GOI (MD 20/03/2029) Sovereign 0.01%


Rainbow Devices Trust ICRA AAA(SO) 2.69%




TREASURY BILL 0.67%

Government Of India Sovereign 0.67%



STATE GOVERNMENT BOND 0.45%

8.66% Tamilnadu SDL (Md 25/01/2022) Sovereign 0.16%

8.15% Rajasthan Uday Bond (Md 23/06/2021) Sovereign 0.14%

6.92% Maharastra SDL (Md 11/01/2022) Sovereign 0.10%

8.27% Rajasthan Uday Bond (MD 23/06/2023) Sovereign 0.03%

8.61% Uttar Pradesh Uday Bond (Md 21/03/2022) Sovereign 0.01%


GRAND TOTAL 100.00%

Corporate Bond 75.12% Government Bond 12.13% Pass Through Certificate 4.88% Certificate of Deposit 3.42% Treasury Bill 0.67% Zero Coupon Bond 0.65% State Government Bond 0.45% Net Current Assets 2.69%



PORTFOLIO

DATE OF ALLOTMENT

27th April 2011MONTHLY AVERAGE

137.49 Cr.


141.20 Cr.

BENCHMARK

NIFTY Composite Debt Index

AVERAGE MATURITY*

7.0 yearsMODIFIED DURATION*



7.42%

Mr. R. SivakumarWork experience: 21 years.

He has been managing this fund since inception



FUND MANAGER


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

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

21


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Half Yearly Dividend

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

Quarterly DividendJun 25, 2019 0.1440 0.1334 10.6326 10.4326 0.1800 0.1667 10.9155 10.6655 Mar 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 10.5904

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 12.33% 11,233 7.71% 12,502 8.99% 15,386 8.70% 19,92827-Apr-11NIFTY Composite Debt Index (Benchmark) 12.84% 11,284 7.73% 12,507 9.08% 15,447 8.65% 19,854

NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 15.78% 11,578 7.47% 12,418 9.24% 15,562 7.75% 18,537Axis Dynamic Bond Fund - Direct Plan - Growth 13.23% 11,323 8.64% 12,827 10.10% 16,181 9.66% 18,337

01-Jan-13NIFTY Composite Debt Index (Benchmark) 12.84% 11,284 7.73% 12,507 9.08% 15,447 8.50% 17,107NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 15.78% 11,578 7.47% 12,418 9.24% 15,562 7.67% 16,264Past 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 27 schemes. Please refer to annexure on Page 44 & 45 - 46 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.




Punjab National Bank IND A 7.59%

National Highways Auth Of Ind CRISIL AAA 6.64%


Syndicate Bank IND A+ 5.60%


Tata Power Company Limited CRISIL AA- 2.92%

India Infrastructure Fin Co Ltd CRISIL AAA 1.96%

Ess Kay Fincorp Limited IND A+(SO) 0.53%


7.26% GOI (MD 14/01/2029) Sovereign 28.59%

7.27% GOI (MD 08/04/2026) Sovereign 11.05%

7.32% GOI (MD 28/01/2024) Sovereign 3.68%

6.79% GOI (MD 15/05/2027) Sovereign 0.49%

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


IIERT TRUST CRISIL AAA(SO) 1.94%

Zenith Trust ICRA A(SO) 0.92%

Solstice Trust ICRA AA-(SO) 0.20%


GRAND TOTAL 100.00%


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

FACTSHEETJULY 2019

Corporate Bond 44.94%

Government Bond 44.04%

Pass Through Certificate 3.06%

Net Current Assets 7.95%

Sovereign/ AAA & Equivalent 82.24% A 8.51% A+ 6.13% AA- 3.12%


PORTFOLIO

DATE OF ALLOTMENT

13th July 2017MONTHLY AVERAGE

225.44 Cr.


220.41 Cr.

BENCHMARK

NIFTY Corporate Bond Index

AVERAGE MATURITY*




7.23%

COMPOSITION BY ASSETS (%)

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

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

22


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

FUND MANAGER

COMPOSITION BY RATING (%)


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Monthly Dividend

May 27, 2019 0.0904 0.0837 10.1756 10.0500 0.0954 0.0883 10.1825 10.0500 Apr 25, 2019 0.0223 0.0206 10.0810 10.0500 0.0270 0.0250 10.0875 10.0500Mar 25, 2019 0.0999 0.0925 10.1887 10.0500 0.1040 0.0963 10.1945 10.0500

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 6.05% 10,605 NA NA NA NA 6.44% 11,36413-Jul-17NIFTY Corporate Bond Index (Benchmark) 9.44% 10,944 NA NA NA NA 6.87% 11,459

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 NA NA NA NA 7.06% 11,501Axis Corporate Debt Fund - Direct Plan 6.89% 10,689 NA NA NA NA 7.33% 11,561

13-Jul-17NIFTY Corporate Bond Index (Benchmark) 9.44% 10,944 NA NA NA NA 6.87% 11,459NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 NA NA NA NA 7.06% 11,501Past 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 27 schemes. Please refer to annexure on Page 45 - 46 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

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





Small Industries Dev Bank of India ICRA AAA 9.23%





Aditya Birla Finance Limited ICRA AAA 4.59%


HDFC Bank Limited CRISIL AAA 2.41%

Dewan Housing Finance Corporation Limited

CARE D 1.68%


7.27% GOI (MD 08/04/2026) Sovereign 4.72%

7.32% GOI (MD 28/01/2024) Sovereign 4.72%




MFL SECURITISATION TRUST CRISIL AAA(SO) 0.43%






GRAND TOTAL 100.00%

Entry Load : NilExit 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 *w.e.f. June 11, 2019

ENTRY & EXIT LOAD

FACTSHEETJULY 2019

Corporate Bond 74.58% Government Bond 9.43% Pass Through Certificate 3.71% Zero Coupon Bond 2.49% Certificate of Deposit 2.13% Net Current Assets 7.66%

Sovereign/ AAA & Equivalent 98.32% Below A 1.68%



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 Jun 25, 2019 0.0360 0.0333 10.1626 10.1126 0.1800 0.1667 10.7162 10.4662 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 10.7323

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

1,189.18 Cr.


1,189.22 Cr.

BENCHMARKNIFTY Medium Duration Debt

Index

AVERAGE MATURITY*


*



8.59%

Mr. Devang ShahWork experience: 18 years.He has been managing this fund since 5th November

2012.

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

this fund since 1st June 2018

FUND MANAGER


PORTFOLIO

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

DIVIDENDS

23

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

AXIS STRATEGIC BOND FUND




CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Strategic Bond Fund - Growth 7.00% 10,700 7.42% 12,399 8.77% 15,229 8.63% 18,37228-Mar-12NIFTY Medium Duration Debt Index (Benchmark) 10.54% 11,054 7.42% 12,401 8.63% 15,128 8.78% 18,560

NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 15.78% 11,578 7.47% 12,418 9.24% 15,562 8.16% 17,793Axis Strategic Bond Fund - Direct Plan - Growth 7.69% 10,769 8.11% 12,643 9.66% 15,861 9.23% 17,856

07-Jan-13NIFTY Medium Duration Debt Index (Benchmark) 10.54% 11,054 7.42% 12,401 8.63% 15,128 8.39% 16,965NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 15.78% 11,578 7.47% 12,418 9.24% 15,562 7.57% 16,148

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 27 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 45 - 46 & 46 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.








Renew Power Limited CARE A+ 3.11%

Bharti Airtel Limited CRISIL AA 3.08%

Jubilant Life Sciences Limited CRISIL AA 2.96%



Union Bank of India BWR AA 2.46%

Oriental Nagpur Betul Highway Limited CRISIL AAA(SO) 2.45%

Grasim Industries Limited CRISIL AAA 2.11%

JK Lakshmi Cement Limited CARE AA- 2.10%





Piramal Capital & Housing Finance Limited ICRA AA 1.43%



Northern Arc Capital Limited ICRA A+ 1.27%



Dewan Housing Finance Corporation Limited CARE D 0.88%

Narmada Wind Energy Private Limited CARE A+(SO) 0.79%

Tata Power Company Limited CRISIL AA- 0.78%


Sikka Ports and Terminals Limited CRISIL AAA 0.72%

Hansdeep Industries & Trading Company Limited CARE AA-(SO) 0.60%

Edelweiss Rural & Corporate Services Limited ICRA AA- 0.52%

ECL Finance Limited ICRA AA- 0.41%

JM Financial Products Limited ICRA AA 0.40%

IKF Finance Limited CARE A 0.39%




Hindalco Industries Limited CRISIL AA 0.17%



7.32% GOI (MD 28/01/2024) Sovereign 6.82%

7.27% GOI (MD 08/04/2026) Sovereign 6.56%

7.26% GOI (MD 14/01/2029) Sovereign 3.22%

7.88% GOI (MD 19/03/2030) Sovereign 0.14%

8.83% GOI (MD 25/11/2023) Sovereign 0.05%

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 0.004%






SOLSTICE TRUST ICRA AA-(SO) 0.18%





8.06% Karnataka SDL (MD 27/03/2029) Sovereign 0.45%


8.16% Gujarat SDL (MD 30/01/2029) Sovereign 0.06%


GRAND TOTAL 100.00%

ENTRY & EXIT LOAD

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

FACTSHEETJULY 2019

Corporate Bond 69.12% Government Bond 16.82% Pass Through Certificate 7.13% Zero Coupon Bond 3.20% State Government Bond 0.73% Net Current Assets 3.00%

Sovereign/ AAA & Equivalent 53.01% AA 22.38% AA- 10.91% A+ 7.37% A 5.45% Below A 0.88%



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

May 27, 2019 0.0533 0.0494 10.1673 10.0932 0.0615 0.0569 10.1233 10.0378 Monthly Dividend

Apr 25, 2019 0.0298 0.0276 10.1264 10.0850 0.0375 0.0347 10.0816 10.0295Mar 25, 2019 0.0641 0.0593 10.1860 10.0969 0.0706 0.0653 10.1390 10.0410

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


1,492.11 Cr.


1,457.27 Cr.

BENCHMARK

NIFTY Credit Risk Bond Index

AVERAGE MATURITY*


*



9.05%



FUND MANAGER


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

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

24

DIVIDENDS



CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Credit Risk Fund - Regular Plan - Growth 3.95% 10,395 5.72% 11,819 7.35% 14,259 7.44% 14,36615-Jul-14NIFTY Credit Risk Bond Index (Benchmark) 8.88% 10,888 8.09% 12,635 9.05% 15,423 9.15% 15,558

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 7.54% 14,383 7.55% 14,441Axis Credit Risk Fund - Direct Plan - Growth 5.18% 10,518 7.10% 12,290 8.61% 15,115 8.70% 15,231

15-Jul-14NIFTY Credit Risk Bond Index (Benchmark) 8.88% 10,888 8.09% 12,635 9.05% 15,423 9.15% 15,558NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 7.54% 14,383 7.55% 14,441Past 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 27 schemes. Please refer to annexure on Page 45 - 46 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.


Instrument Type/Issuer Name RATING% Of NAV


Zydus Wellness Limited CRISIL AA+ 5.18%



Tata Power Company Limited IND AA/CRISIL AA- 3.87%





Birla Corporation Limited ICRA AA 3.03%



Narmada Wind Energy Private Limited CARE A+(SO) 2.59%

JK Lakshmi Cement Limited CARE AA- 2.40%

ECL Finance Limited ICRA AA- 2.32%




Jubilant Life Sciences Limited CRISIL AA 1.73%







IKF Finance Limited CARE A 1.29%




Nuvoco Vistas Corporation Limited CRISIL AA 1.03%




Bharti Airtel Limited CRISIL AA 0.68%

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







Food Corporation Of India CRISIL AAA(SO) 0.01%



Sansar Trust ICRA AAA(SO) 2.37%




Solstice Trust ICRA AA-(SO) 0.24%





7.32% GOI (MD 28/01/2024) Sovereign 1.07%

7.27% GOI (MD 08/04/2026) Sovereign 0.71%

7.40% GOI (MD 09/09/2035) Sovereign 0.36%

6.79% GOI (MD 15/05/2027) Sovereign 0.14%

8.83% GOI (MD 25/11/2023) Sovereign 0.11%

7.26% GOI (MD 14/01/2029) Sovereign 0.04%

7.59% GOI (MD 20/03/2029) Sovereign 0.04%

7.35% GOI (MD 22/06/2024) Sovereign 0.04%

7.59% GOI (MD 11/01/2026) Sovereign 0.004%







GRAND TOTAL 100.00%

ENTRY & EXIT LOAD

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

FACTSHEETJULY 2019

Corporate Bond 75.59% Pass Through Certificate 10.44% Zero Coupon Bond 4.64% Government Bond 2.51% State Government Bond 0.82% Net Current Assets 6.01%

Sovereign/ AAA & Equivalent 36.35% AA 24.65% AA- 17.72% A+ 7.94% A 6.79% AA+ 5.18% Below A 1.37%



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 - - - -July 25, 2019 0.0912 0.0844 10.4304 10.3038 0.0944 0.0874 10.4362 10.3050 Jun 25, 2019 0.1443 0.1336 10.3474 10.1470 0.1473 0.1364 10.3528 10.1482

Regular Dividend May 27, 2019 0.0788 0.0729 10.2191 10.1097 0.0818 0.0758 10.2245 10.1108 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 dividend disclosed above are since the inception of the fund. Regular dividends disclosed above are for the last 3 months.

PORTFOLIO

Instrument Type/Issuer Name RATING % OF NAV


7.26% GOI (MD 14/01/2029) Sovereign 71.96%

7.27% GOI (MD 08/04/2026) Sovereign 12.35%


8.18% Haryana Uday Bond (MD 15/06/2024) Sovereign 12.41%


GRAND TOTAL 100.00%

DATE OF ALLOTMENT

23rd January 2012

MONTHLY AVERAGE

40.74 Cr.


42.08 Cr.

BENCHMARK

NIFTY All Duration G-Sec

Index

AVERAGE MATURITY*




6.35%


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

FUND MANAGER


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

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

25


DIVIDENDS

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


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Gilt Fund - Growth 15.55% 11,555 7.37% 12,382 8.95% 15,354 7.56% 17,30823-Jan-12NIFTY All Duration G-Sec Index (Benchmark) 17.01% 11,701 8.17% 12,663 9.43% 15,693 8.28% 18,194

Axis Gilt Fund - Direct Plan - Growth 16.10% 11,610 7.91% 12,572 9.50% 15,745 8.16% 16,75201-Jan-13NIFTY All Duration G-Sec Index (Benchmark) 17.01% 11,701 8.17% 12,663 9.43% 15,693 8.16% 16,759

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 27 schemes. Please refer to annexure on Page 45 - 46 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.


ENTRY & EXIT LOAD


FACTSHEETJULY 2019

Government Bond 84.31% State Government Bond 12.41% Net Current Assets 3.28%



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Monthly DividendJuly 25, 2019 8.1870 7.5812 1,025.2821 1,013.9164 8.3662 7.7472 1,025.5344 1,013.9198 Jun 25, 2019 2.4115 2.2331 1,017.0257 1,013.6778 2.5781 2.3874 1,017.2598 1,013.6806 May 27, 2019 11.4778 10.6285 1,029.6121 1,013.6778 11.8170 10.9425 1,030.0857 1,013.6806


PORTFOLIO

DATE OF ALLOTMENT

8th June 2012MONTHLY AVERAGE

6,839.25 Cr.


7,134.09 Cr.

BENCHMARK

NIFTY Banking & PSU Debt Index

AVERAGE MATURITY*




7.13%



FUND MANAGER


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

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

26

DIVIDENDS




CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Banking & PSU Debt Fund - Growth 10.71% 11,071 8.20% 12,671 8.40% 14,972 8.61% 18,04108-Jun-12NIFTY Banking & PSU Debt Index (Benchmark) 9.37% 10,937 7.00% 12,254 8.18% 14,823 8.39% 17,783

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 7.54% 14,383 7.53% 16,804Axis Banking & PSU Debt Fund - Direct Plan - Growth 11.01% 11,101 8.45% 12,759 8.63% 15,129 8.75% 17,367

01-Jan-13NIFTY Banking & PSU Debt Index (Benchmark) 9.37% 10,937 7.00% 12,254 8.18% 14,823 8.18% 16,779NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 7.54% 14,383 7.53% 16,128Past 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 44 - 45 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.





Small Industries Dev Bank of India CARE AAA/ICRA AAA 9.39%


REC Limited CRISIL AAA/CARE AAA 6.75%

Food Corporation Of India CRISIL AAA(SO) 6.57%


NTPC Limited CRISIL AAA 5.90%


State Bank of India CRISIL AAA 3.97%




Indian Railway Finance Corporation Limited CRISIL AAA 1.64%

Bank of Baroda IND AAA 1.50%

Larsen & Toubro Limited CRISIL AAA 1.42%

NHPC Limited IND AAA/ICRA AAA 1.13%


Bharat Petroleum Corporation Limited CRISIL AAA 0.36%

Jamnagar Utilities & Power Private Limited CRISIL AAA 0.27%

Grasim Industries Limited CRISIL AAA 0.08%




Andhra Bank CARE A1+ 0.34%




National Housing Bank CRISIL A1+ 0.35%


8.39% Rajasthan Uday Bond (MD 15/03/2022)

Sovereign 0.03%


GRAND TOTAL 100.00%


ENTRY & EXIT LOAD


FACTSHEETJULY 2019

Corporate Bond 90.48% Certificate of Deposit 2.09% Zero Coupon Bond 1.62% Commercial Paper 0.35% State Government Bond 0.03% Net Current Assets 5.44%

Quick Take - Equity

• 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.

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

Quick Take - Fixed Income

10 yr G-Sec : Last 1 year

6.37%

7.70%

• Market has normalized post the liquidity shock through coordinated RBI & government intervention. Focus on transmission of rates.

• Elongated rate cut cycle unlikely. Long bond rally played out in tandem with other global EM bond rallies. Short term bonds continue to look attractive given the relative spread over OIS.

• We advise investors to stay invested in short term strategies and actively look at credit funds. Accrual investors may look at active short term strategies at current levels.

2.1%

Key highlights

HYBRIDOUTLOOK

AUGUST 2019

Amidst negative headwinds, frontline indices saw broad based selling on the back of weak domestic consumer sentiment and negative global news. Frontline indices S&P BSE Sensex and NIFTY 50 were down 4.9% & 5.7% respectively. On a YTD basis however, large cap indices continue to remain positive to date. Mid and small cap stocks continued their relat ive underperformance as against their large cap peers. NIFTY Midcap 100 & NIFTY small cap 100 were down 9.9% & 10.9%.

Key Market Events

• Growth Concerns – Economic Headwinds on Anvil: India’s economy has seen signs of slowdown over the last 12 months. Furthermore, given the fiscal situation and the latest tax collection numbers for the quarter, the asking rate for tax collections to meet budget estimates is at a steep 22%. Lower government spending to meet next year’s budget estimates could possibly crimp growth expectations even further given weak domestic demand and global economic conditions.

• 10 Year drops to 18 month lows; ends the month at 6.37%: Sovereign Bonds continued to see lower yields as a result of the budget announcement as well as the government’s intention to borrow in overseas markets to meet part of its funding requirements. Renewed interest from foreign investors across the debt markets also aided bond yields.

• CPI Inflation – Food Inflation Concern: Retail inflation continued to climb during the month of June 2019, reaching an eight-month high of 3.18%. The corresponding May 2019 was 3.05%. Headline CPI inflation continues to remain manageable given the RBI’s stated mandate of 4% ± 2%. Food inflation has seen a spike as delayed monsoons

INVESTORS

• Be fearful when others are greedy.Be greedy when others are fearful.

Debt Investors• Select a fund that meets your risk profile.

Investing in credits is all about process.

Equity Investors• Do not Panic - Corrections are healthy.• Timing the markets is dangerous - Invest

Systematically, Invest Regularly, Invest Responsibly.

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

DISTRIBUTORS





27

Source: Bloomberg, Axis MF Research.

Key highlights (Contd.)

India’s economy has seen signs of slowdown over the last 12 months. Reasons for this could include: i) tightening credit supply to SMEs due to NBFC issues; ii) continued high real interest rates for a long period; iii) weakening business sentiments due to t ighter compliance/regulatory environment on multiple fronts; iv) weaker investment cycle impacting job creation; v) NPL pressures making banks risk averse in lending; vi) slowing global growth. This has been a primary reason for the negative market tones. We see this as a near term challenge for markets, but retain our positive long term view on the markets given the structural transformation that the economy is currently going through.

Equity Markets

• US Rates – A Global Worry; Gold Safe Haven: In global market action, The US Fed cut rates for the first time since 2008 citing concerns about the global economy and muted U.S. inflation. US rates dropped to its lowest levels 3 years in response to these comments and in response to fresh tariffs on Chinese goods. Gold has been the star performer this year as the safe haven asset received the highest flows since 2014.

Market View

affected sowing patterns of key crops affecting the demand supply situation and will be closely monitored by the RBI in the upcoming policy.

Our rationale for this revolves around 5 possible positive trends that are likely to shape market consensus over the next few quarters: i) continued low inflation enables more policy rate cuts and easier liquidity condition drives rate transmission; ii) Rewarding transparency and clean businesses and clean-up of bad business practices iii) potential conclusion of strategic deals in companies which have been the focus of the news thus restoring investor risk appetite; iv) stable INR and benign global liquidity attract foreign capital to domestic markets v) Normal monsoons and subsequent rural demand recovery during the festival season.

Early trends from the first quarter results indicate that while results continue to remain robust in companies with strong market presence and sharp business focus, the overall market weakness could add to pressures on earnings growth in the near term adding to weakness in investor sentiment.

Debt Markets

On Mid and small caps, we believe opportunities have emerged post the steep corrections. While the broader market is likely to remain volatile our focus will remain on companies with well-defined niches and strong moats are likely to deliver above average returns within the wider mid and small cap basket. Tactical investment opportunities can be looked at in the current market environment.

The narrative around Indian economics has shifted from inflation to growth today. Given the current inflation trajectory, policymakers and the government are reasonably comfortable with inflation in the economy. The concerns today revolve around flagging growth and measures needed stimulate growth whilst maintaining the fiscal prudence. The upcoming RBI policy is likely to offer clues about policy action going forward. Clarity around the overseas government borrowing program as well as the mechanism for such a borrowing are also likely to impact long bonds going forward.

The RBI has been reducing the real rate by cutting policy rates in an attempt to prop up growth. However, sticky transmission has limited the impact of policy action. In a surplus liquidity environment, the spread between short term rates, which continue to remain elevated (between 75-100bps over the operative rate), are likely to see a natural compression. This compression can be used as an opportunity by investors to deploy funds in the short term strategies.

The credit space also continues to offer significant opportunities. 1-3 year corporate bonds continue to trade 150-175 bps above operative rates and hence look very attractive from risk reward perspective. Investors who understand credit risk and are ok with some short term volatility should invest in highly diversified largely AA oriented credit funds as we see AA spreads widening over the AAA curve making them attractive bets from a risk reward perspective.

On the portfolio front, our focus on quality and bias towards fundamentally sound business models has been rewarded. The trend we are looking to play is the corporate deleveraging and operational efficiency story that is unravelling.

28

Please refer to page no 41-42, 46, 47,49 for NAV, TER, Riskometer & Statutory Details.29

COMPOSITION BY RATING (%)DATE OF ALLOTMENT

14th August 2015MONTHLY AVERAGE

761.26 Cr.


752.83 Cr.

BENCHMARK

NIFTY50 Equity Savings Index

Mr. Anupam TiwariWork experience: 14 years.

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



FUND MANAGER

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

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

AVERAGE MATURITY@*


@*


8.32%PORTFOLIO TURNOVER# (1 YEAR)

4.43 times

Issuer Industry/Rating Equity Exposure

Derivate Exposure

Net Exposure % of Net Assets

EQUITY 65.69% -25.66% 40.03%HDFC Bank Limited Banks 5.09% -0.79% 4.31%Tata Consultancy Services Limited Software 3.66% 3.66%HDFC Limited Finance 6.08% -2.94% 3.14%Kotak Mahindra Bank Limited Banks 2.67% 2.67%ICICI Bank Limited Banks 3.48% -0.93% 2.56%Asian Paints Limited Consumer Non Durables 2.81% -0.26% 2.56%Reliance Industries Limited Petroleum Products 3.45% -1.06% 2.39%Bajaj Finance Limited Finance 1.88% -0.05% 1.82%Larsen & Toubro Limited Construction Project 1.81% 1.81%Gruh Finance Limited Finance 1.77% 1.77%Sundaram Finance Limited Finance 1.47% 1.47%ACC Limited Cement 1.43% 1.43%Infosys Limited Software 1.91% -0.55% 1.37%Hindustan Unilever Limited Consumer Non Durables 1.76% -0.45% 1.31%Cholamandalam Investment and Finance Company Limited

Finance 1.12% 1.12%

Nestle India Limited Consumer Non Durables 1.05% 1.05%TCNS Clothing Co. Limited Textile Products 0.98% 0.98%Maruti Suzuki India Limited Auto 5.59% -4.71% 0.89%Divi's Laboratories Limited Pharmaceuticals 0.94% -0.07% 0.87%Aarti Industries Limited Chemicals 0.68% 0.68%Dabur India Limited Consumer Non Durables 0.85% -0.19% 0.66%SRF Limited Textile Products 0.61% 0.61%Mahindra & Mahindra Financial Services Limited Finance 4.51% -3.99% 0.52%OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 0.41%DEBT SECURITIES 33.40%CORPORATE BOND 25.44%REC Limited CRISIL AAA 4.01%Power Finance Corporation Limited CRISIL AAA 2.65%Nirma Limited CRISIL AA 2.64%Reliance Industries Limited CRISIL AAA 2.62%Punjab National Bank IND A 2.46%NABARD CRISIL AAA 2.32%Piramal Capital & Housing Finance Limited ICRA AA 1.73%Bank of Baroda CARE AA 1.57%Tata Power Company Limited IND AA 1.31%Union Bank of India BWR AA 1.17%ICICI Bank Limited ICRA AA+ 0.85%Power Grid Corporation of India Limited CRISIL AAA 0.72%Hinduja Leyland Finance Limited CARE AA- 0.67%Syndicate Bank IND A+ 0.39%Dewan Housing Finance Corporation Limited CARE D 0.33%FIXED DEPOSIT 6.31%HDFC Bank Limited Fixed Deposit 6.31%GOVERNMENT BOND 1.51%8.28% GOI (M/D 21/09/2027) Sovereign 0.73%7.27% GOI (MD 08/04/2026) Sovereign 0.69%7.72% GOI (MD 26/10/2055) Sovereign 0.06%7.35% GOI (MD 22/06/2024) Sovereign 0.04%PASS THROUGH CERTIFICATE 0.14%IIERT TRUST CRISIL AAA(SO) 0.14%CASH & OTHER NET CURRENT ASSETS 0.91%NET ASSETS 100.00%

PORTFOLIO



FACTSHEETJULY 2019

Unhedged Equity 40.03% Debt, Cash & Other receivables 34.31% Hedged Equity 25.66%

AAA, SOV & Equivalent 21.20% AA 8.41% A 2.46% AA+ 0.85% AA- 0.67% A+ 0.39% Below A 0.33%



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

July 25, 2019 0.0553 0.0553 10.5200 10.4600 0.0553 0.0553 11.0200 10.9600 Jun 25, 2019 0.0553 0.0553 10.7400 10.6800 0.0553 0.0553 11.2300 11.1700

Monthly Dividend May 27, 2019 0.0553 0.0553 10.8900 10.8300 0.0553 0.0553 11.3800 11.3100

Quarterly DividendJun 25, 2019 0.1660 0.1660 10.9000 10.7100 0.1660 0.1660 11.4100 11.2200 Mar 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 11.1100


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 1.59% 10,159 6.55% 12,100 NA NA 6.40% 12,79014-Aug-15NIFTY50 Equity Savings Index (Benchmark) 4.95% 10,495 7.98% 12,595 NA NA 7.52% 13,331

Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 NA NA 8.34% 13,737Axis Equity Saver Fund - Direct Plan - Growth 2.68% 10,268 7.74% 12,512 NA NA 7.66% 13,400

14-Aug-15NIFTY50 Equity Savings Index (Benchmark) 4.95% 10,495 7.98% 12,595 NA NA 7.52% 13,331Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 NA NA 8.34% 13,737Past 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 44 & 45 for performance of all schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).The performance given above is for Other than Direct Plan unless specified.

ENTRY & EXIT LOAD

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


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

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

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

31

DATE OF ALLOTMENT

1st August 2017MONTHLY AVERAGE

2,238.86 Cr.


2,190.70 Cr.

BENCHMARK

NIFTY50 Hybrid Composite Debt

50:50 Index

AVERAGE MATURITY*

58 days MODIFIED DURATION*


6.14%PORTFOLIO TURNOVER#

(1 YEAR)

3.83 times

Mr. Anupam TiwariWork experience: 14 years.


FUND MANAGER

Mr. R. Sivakumar Work experience: 21 years.



Derivate Exposure


EQUITY 65.50% -16.51% 48.99%

HDFC Bank Limited Banks 6.10% -0.98% 5.12%

ICICI Bank Limited Banks 4.31% 4.31%

Tata Consultancy Services Limited Software 3.90% 3.90%

Kotak Mahindra Bank Limited Banks 3.79% 3.79%

Reliance Industries Limited Petroleum Products 7.16% -3.63% 3.53%

Infosys Limited Software 3.19% -0.17% 3.02%

Asian Paints LimitedConsumer Non Durables

2.88% -0.55% 2.33%

Nestle India LimitedConsumer Non Durables

1.98% 1.98%

Bajaj Finance Limited Finance 3.41% -1.46% 1.94%

Divi's Laboratories Limited Pharmaceuticals 1.84% 1.84%

Larsen & Toubro Limited Construction Project 1.83% 1.83%

ACC Limited Cement 1.68% -0.14% 1.54%

HDFC Limited Finance 3.77% -2.26% 1.51%

Sundaram Finance Limited Finance 1.46% 1.46%

Gruh Finance Limited Finance 1.38% 1.38%

Hindustan Unilever LimitedConsumer Non Durables

1.69% -0.65% 1.04%

Cholamandalam Investment and Finance Company Limited

Finance 1.01% 1.01%


Finance 0.99% 0.99%

TCNS Clothing Co. Limited Textile Products 0.98% 0.98%

Marico LimitedConsumer Non Durables

0.91% -0.03% 0.88%

Maruti Suzuki India Limited Auto 3.01% -2.14% 0.88%

City Union Bank Limited Banks 0.80% 0.80%

Dabur India Limited Consumer Non Durables 0.68% 0.68%

IPCA Laboratories Limited Pharmaceuticals 0.63% 0.63%


DEBT SECURITIES 9.28%



Shriram Transport Finance Company Limited

CRISIL AA+ 0.92%





Piramal Capital & Housing Finance Limited

ICRA AA 0.23%

PORTFOLIO



FACTSHEETJULY 2019

Unhedged Equity 48.99% Debt, Cash & Other receivables 34.50% Hedged Equity 16.51%

AAA, SOV & Equivalent 30.01% AA- 1.98% AA+ 1.55% AA 0.67% Below A 0.29%



Period 1 Year Since Inception

CAGR (%)


CAGR (%)

Current Value of Investment of ` 10,000

Date of inception

Axis Dynamic Equity Fund - Regular Plan - Growth -1.54% 9,846 4.22% 10,8601-Aug-17NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 6.03% 10,603 6.84% 11,412

Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 6.22% 11,281

Axis Dynamic Equity Fund - Direct Plan - Growth 0.00% 10,000 5.93% 11,2201-Aug-17NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 6.03% 10,603 6.84% 11,412

Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 6.22% 11,281Past 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 44 & 45 for performance of all schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

ENTRY & EXIT LOAD

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


Derivate Exposure


ICICI Bank Limited ICRA AA+ 0.23%


FIXED DEPOSIT 4.56%

HDFC Bank Limited Fixed Deposit 4.56%


Cholamandalam Investment and Finance Company Limited ICRA AA+ 0.41%

CASH & OTHER NET CURRENT ASSETS 25.22%

NET ASSETS 100.00%


AXIS EQUITY HYBRID FUND

33

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

The Scheme does not assure or guarantee any returns.

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

PORTFOLIO

MONTHLY AVERAGE

2,093.94 Cr.


2,048.52 Cr.

BENCHMARK

CRISIL Hybrid 35+65 - Aggres-

sive Index

Mr. Ashish Naik Work experience: 12 years.




FUND MANAGER

DATE OF ALLOTMENT

9th August 2018

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

Issuer Industry/ RatingNet Exposure

% of Net Assets

EQUITY 68.55%













Container Corporation of India Limited Transportation 2.00%




HDFC Life Insurance Company Limited Finance 1.45%












Mahindra & Mahindra Limited Auto 0.39%



NABARD CRISIL A1+ 0.24%









LIC Housing Finance Limited CARE AAA 1.24%


Bank of Baroda IND AAA 1.24%






Gruh Finance Limited CRISIL AAA 0.49%

Hero Fincorp Limited CRISIL AA+ 0.49%






FIXED DEPOSIT 1.22%



Bajaj Housing Finance Limited CRISIL AAA 0.08%



NET ASSETS 100.00%


AVERAGE MATURITY*@

2.1 years MODIFIED DURATION*@

1.8 yearsMaculary Duration*


7.88%

DEBT COMPONENT



ENTRY & EXIT LOAD

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

FACTSHEETJULY 2019

Unhedged Equity 68.55%

Debt, Cash & Other receivables 31.45% AAA, SOV & Equivalent 28.46%

AA 1.22%

AA- 0.73%

AA+ 0.73%

Below A 0.31%



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 11.7724Jun 25, 2019 0.0360 0.0333 10.1027 10.0527 0.1800 0.1667 12.8233 12.5733 Mar 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 13.2527

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








Tata Power Company Limited IND AA 4.26%



Magma Fincorp Limited ICRA AA- 2.16%Dewan Housing Finance Corporation Limited CARE D 2.16%

Blue Dart Express Limited ICRA AA 0.01%

EQUITY 19.96%












Multi Commodity Exchange of India Limited Finance 0.63%













JK Lakshmi Cement Limited Cement 0.35%



IPCA Laboratories Limited Pharmaceuticals 0.28%Cholamandalam Investment and Finance Company Limited Finance 0.28%

Mahindra & Mahindra Financial Services Limited Finance 0.23%


Ultratech Cement Limited Cement 0.16%


NABARD CRISIL A1+ 6.27%

Oriental Bank Of Commerce CRISIL A1+ 5.33%

Small Industries Dev Bank Of India CARE A1+ 4.14%

Bank Of Baroda IND A1+ 2.08%


Oil & Natural Gas Corporation Limited ICRA A1+ 4.31%


GRAND TOTAL 100.00%

DATE OF ALLOTMENT


235.81 Cr.


231.15 Cr.

AVERAGE MATURITY@*

278 daysMODIFIED DURATION

@*


7.01%

Mr. Ashish NaikWork experience: 12 years.

He has been managing this fund since 22nd June 2016

FUND MANAGER


He has been managing this fund since 07th June 2016

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

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

DIVIDENDS

34

BENCHMARK

NIFTY50 Hybrid Short Duration

Debt 25:75 Index




CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Regular Saver Fund - Growth -2.90% 9,710 3.63% 11,131 6.13% 13,469 7.10% 18,59516-Jul-10NIFTY 50 Hybrid Short Duration Debt 25:75 Index

(Benchmark)6.87% 10,687 8.33% 12,719 8.55% 15,074 8.95% 21,723

NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 15.78% 11,578 7.47% 12,418 9.24% 15,562 7.32% 18,949Axis Regular Saver Fund - Direct Plan - Growth -1.99% 9,801 4.84% 11,525 7.52% 14,372 8.58% 17,179

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

6.87% 10,687 8.33% 12,719 8.55% 15,074 9.22% 17,857

NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 15.78% 11,578 7.47% 12,418 9.24% 15,562 7.61% 16,191Past 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 27 schemes & Ashish Naik is managing the scheme since 22nd June 2016 and he manages 15 schemes. Please refer to annexure on Page 45 & 45 - 46 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.


ENTRY & EXIT LOAD

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

FACTSHEETJULY 2019

Corporate Bond 50.73% Equity 19.96% Certificate of Deposit 17.82% Commercial Paper 4.31% Net Current Assets 7.18%

AAA, SOV & Equivalent 58.16% AA 12.79% A+ 4.76% AA- 2.16% D 2.16%


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

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

35

PORTFOLIO

Issuer Industry/Rating


EQUITY 67.36%












1.65%


1.64%


















Neogen Chemicals Ltd Chemicals 0.87%





Camlin Fine Sciences Limited Chemicals 0.62%


Sudarshan Chemical Industries Limited Chemicals 0.36%

Arti Surfactants Limited Chemicals 0.03%



Oriental Bank of Commerce CRISIL A1+ 2.99%












FIXED DEPOSIT 0.36%



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




TMF Holdings Limited CRISIL AA 1.20%


NET ASSETS 100.00%



DATE OF ALLOTMENT

08th December 2015

MONTHLY AVERAGE

418.37 Cr.


412.24 Cr.

BENCHMARK

NIFTY 50 Hybrid Composite Debt

65:35 Index

AVERAGE MATURITY@*


@*


7.87%PORTFOLIO TURNOVER#

(1 YEAR)

1.17 times


He has been managing this fund since 6th July 2016


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

FUND MANAGER

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

Period 1 Year 3 Years Since Inception

CAGR (%)


CAGR (%)


CAGR (%)

Current Value of


Date of inception

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

-1.08% 9,892 6.70% 12,153 7.72% 13,114

08-Dec-15NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 3.97% 10,397 9.53% 13,146 11.02% 14,643Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 12.09% 15,160Axis Childrens Gift Fund - Compulsory Lock-in - Direct Plan - Growth

0.39% 10,039 8.39% 12,740 9.41% 13,882

08-Dec-15NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 3.97% 10,397 9.53% 13,146 11.02% 14,643Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 12.09% 15,160Axis Childrens Gift Fund - No Lock-in^ - Regular Plan - Growth

-1.09% 9,891 6.70% 12,152 7.71% 13,112

08-Dec-15NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 3.97% 10,397 9.53% 13,146 11.02% 14,643Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 12.09% 15,160Axis Childrens Gift Fund - No Lock-in^ - Direct Plan - Growth

0.44% 10,044 8.59% 12,811 9.67% 14,004

08-Dec-15NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 3.97% 10,397 9.53% 13,146 11.02% 14,643Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 12.09% 15,160Past 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 15 schemes & R. Sivakumar manages 7 schemes. Please refer to annexure on Page 44 & 45 for performance of all schemes managed by the fund managers. The performance given above is for Other than Direct Plan unless specified.


ENTRY & EXIT LOAD

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

FACTSHEETJULY 2019

Equity 67.36%

Debt, Cash & Other receivables 32.64%

AAA, SOV & Equivalent 19.06% AA 8.01% AA- 2.43% A+ 1.69% AA+ 1.21% A 0.24%


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

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

36

PORTFOLIO

DATE OF ALLOTMENT

23rd August 2010MONTHLY AVERAGE

269.54 Cr.


261.39 Cr.

BENCHMARK65% of Nifty 50 TRI

+ 20% of NIFTY Composite Debt

Index + 15% of INR Price of Gold

AVERAGE MATURITY@*

5.7 years


He has been managing the fund since 14th September 2010


He has been managing this fund since 22nd June 2016

FUND MANAGER


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

Regular Plan

Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

Others

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

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

DIVIDENDS


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


CAGR (%)

Current Value of


Date of inception

Axis Triple Advantage Fund - Growth 0.10% 10,010 5.21% 11,650 6.92% 13,974 7.69% 19,396

23-Aug-10

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

4.73% 10,473 8.89% 12,917 8.67% 15,155 9.21% 21,992

NIFTY 10 yr Benchmark G-Sec (Additional Benchmark)

15.78% 11,578 7.47% 12,418 9.24% 15,562 7.61% 19,266

Axis Triple Advantage Fund - Direct Plan - Growth

1.20% 10,120 6.44% 12,063 8.04% 14,725 7.80% 16,392

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

4.73% 10,473 8.89% 12,917 8.67% 15,155 9.63% 18,318

NIFTY 10 yr Benchmark G-Sec (Additional Benchmark)

15.78% 11,578 7.47% 12,418 9.24% 15,562 7.68% 16,268

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 15 schemes. Please refer to annexure on Page 44 & 45 for performance of all schemes managed by the fund managers. Scheme Performance may not be strictly comparable with that of its additional benchmark in view of hybrid nature of the scheme. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.

MODIFIED DURATION@*



0.79 times

Issuer Industry/Rating


EQUITY 69.24%














1.88%

Larsen & Toubro LimitedConstruction Project

1.87%

Titan Company LimitedConsumer Durables

1.73%





1.44%

Reliance Industries LimitedPetroleum Products

1.22%







Camlin Fine Sciences Limited Chemicals 0.94%






Blue Dart Express Limited Transportation 0.46%



Arti Surfactants Limited Chemicals 0.03%






India Infrastructure Fin Co Ltd CRISIL AAA 1.06%



Hindalco Industries Limited CRISIL AA 0.20%


7.32% GOI (MD 28/01/2024) Sovereign 1.99%

8.35% GOI (MD 14/05/2022) Sovereign 0.06%

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



GOLD 13.43%

Axis Mutual Fund 13.43%


NET ASSETS 100.00%

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

ENTRY & EXIT LOAD

Entry Load :NA

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

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

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

FACTSHEETJULY 2019

Equity 69.24% Debt, Cash & Other receivables 17.34% Gold 13.43%

AAA, SOV & Equivalent 14.34% A 1.86% AA 1.13%


DATE OF ALLOTMENT

14th August 2014MONTHLY AVERAGE

2,316.76 Cr.


2,339.82 Cr.

BENCHMARK

Nifty 50 Arbitrage Index

Mr. Viresh Joshi Work experience: 18 years.

He has been managing the fund since 7th March 2019



FUND MANAGER

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

(An Open Ended Scheme Investing In Arbitrage Opportunities )

37

AVERAGE MATURITY*@

214 daysMODIFIED DURATION*@



11.72 times

Issuer Industry/RatingNet Exposure

% of Net Assets

EQUITY 65.92%








3.84%

United Spirits LimitedConsumer Non Durables

2.27%


Vedanta LimitedNon - Ferrous Metals

2.02%


ACC Limited Cement 1.38%

Cipla Limited Pharmaceuticals 1.17%


ITC LimitedConsumer Non Durables

0.93%


Tech Mahindra Limited Software 0.68%

State Bank of India Banks 0.66%


Jindal Steel & Power Limited Ferrous Metals 0.56%


0.52%

Aurobindo Pharma Limited Pharmaceuticals 0.50%

Tata Steel Limited Ferrous Metals 0.50%

RBL Bank Limited Banks 0.48%

Adani Power Limited Power 0.48%


HCL Technologies Limited Software 0.42%


Finance 0.40%

Bajaj Auto Limited Auto 0.29%


Cadila Healthcare Limited Pharmaceuticals 0.26%



NMDC Limited Minerals/Mining 0.16%

Vodafone Idea Limited Telecom - Services 0.16%

Mahindra & Mahindra Limited Auto 0.15%

Adani Ports and Special Economic Zone Limited

Transportation 0.11%

Dish TV India LimitedMedia & Entertain-ment

0.11%

Exide Industries Limited Auto Ancillaries 0.08%


Tata Power Company Limited Power 0.07%

Canara Bank Banks 0.07%

Tata Motors Limited Auto 0.04%

Bharti Infratel LimitedTelecom - Equip-ment & Accessories

0.04%

PORTFOLIO


CAGR (%)


CAGR (%)


CAGR (%)


CAGR (%)

Current Value of Investment of `

10,000

Date of inception

Axis Arbitrage Fund - Regular Plan - Growth 6.37% 10,637 6.18% 11,976 NA NA 6.51% 13,678

14-Aug-14Nifty 50 Arbitrage Index (Benchmark) 6.80% 10,680 5.42% 11,720 NA NA 6.16% 13,452

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 NA NA 7.53% 14,337

Axis Arbitrage Fund - Direct Plan - Growth 7.16% 10,716 7.03% 12,264 NA NA 7.38% 14,243

14-Aug-14Nifty 50 Arbitrage Index (Benchmark) 6.80% 10,680 5.42% 11,720 NA NA 6.16% 13,452

NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 NA NA 7.53% 14,337Past 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 27 schemes & Viresh Joshi is managing the scheme since 7th March 2019 and he manages 1scheme. Please refer to annexure on Page 45 - 46 & 46 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR). The performance given above is for Other than Direct Plan unless specified.



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

July 30, 2019 0.0442 0.0442 10.5687 10.5187 0.0442 0.0442 11.1669 11.1169

July 15, 2019 0.0442 0.0442 10.5889 10.5389 0.0619 0.0619 11.2022 11.1322

Dividend

Jun 20, 2019 0.0442 0.0442 10.5753 10.5253 0.0269 0.0269 11.1599 11.1294

May 22, 2019 0.0442 0.0442 10.5798 10.5298 0.0442 0.0442 11.1556 11.1056

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

FACTSHEETJULY 2019


PORTFOLIO

FACTSHEETJULY 2019

Issuer Industry/RatingNet Exposure

% of Net Assets

Hindustan Zinc LimitedNon - Ferrous Metals

0.04%

Petronet LNG Limited Gas 0.02%

Havells India Limited Consumer Durables 0.01%

Tata Global Beverages LimitedConsumer Non Durables

0.01%

Nestle India LimitedConsumer Non Durables

0.002%





Andhra Bank CARE A1+ 1.03%



REC Limited CARE A1+ 0.21%









IDFC First Bank Limited CARE AA+ 0.26%


Piramal Capital & Housing Finance Limited

ICRA AA 0.21%

L&T Finance Limited ICRA AAA 0.16%


FIXED DEPOSIT 14.53%



NET ASSETS 100.00%

39

Axis Bluechip Fund - Growth OptionSIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIPTotal Amount Invested 11,40,000 6,00,000 3,60,000 1,20,000

Market value as on July 31, 2019 21,67,708 8,00,635 4,32,448 1,24,850

Returns (Annualised) 13.03% 11.49% 12.30% 7.61%

Benchmark Returns (Annualised) 10.68% 9.06% 8.13% -0.61%

Additional Benchmark Returns (Annualised) 11.21% 10.13% 10.23% 2.01%

SIP PERFORMANCE OF SELECT SCHEMES (as on 31st July 2019)

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

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

Axis Long Term Equity Fund - Growth Option

SIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIPTotal Amount Invested 11,50,000 6,00,000 3,60,000 1,20,000




Additional Benchmark Returns (Annualised) 10.65% 9.06% 8.13% -0.61%

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

Axis Midcap Fund - Growth Option



Returns (Annualised) 15.35% 8.45% 6.65% -4.50%

Benchmark Returns (Annualised) 10.79% 3.76% -4.55% -17.39%


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

Axis Focused 25 Fund - Growth Option

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

Total Amount Invested 8,50,000 6,00,000 3,60,000 1,20,000





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

Axis Equity Saver Fund - Regular Plan - Growth Option

SIP Investments Since Inception SIP 3 Year SIP 1 Year SIPTotal Amount Invested 4,70,000 3,60,000 1,20,000

Market value as on July 31, 2019 5,36,252 3,95,108 1,21,956

Returns (Annualised) 6.69% 6.15% 3.05%

Benchmark Returns (Annualised) 7.97% 7.40% 5.53%

Additional Benchmark Returns (Annualised) 9.85% 8.13% -0.61%^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: NIFTY 50 Equity Savings Index. Additional Benchmak: Nifty 50 TRI. Inception Date: August 14, 2015. This scheme is managed by Anupam Tiwari & R. Sivakumar. Please refer to the Annexure for returns of all the schemes managed by them.

40

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

Total Amount Invested 2,10,000 1,20,000

Market value as on July 31, 2019 2,24,557 1,24,030

Returns (Annualised) 7.57% 6.31%

Benchmark Returns (Annualised) -2.17% -5.51%

Additional Benchmark Returns (Annualised) 3.51% -0.61%

SIP PERFORMANCE OF SELECT SCHEMES (as on 31st July 2019)

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

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

Axis Small Cap Fund - Regular Plan - Growth Option




Benchmark Returns (Annualised) 0.10% -3.48% -13.70% -25.95%


Axis Triple Advantage Fund - Growth OptionSIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIPTotal Amount Invested 10,80,000 6,00,000 3,60,000 1,20,000



Benchmark Returns (Annualised) 9.73% 8.99% 8.63% 5.52%

Additional Benchmark Returns (Annualised) 8.18% 8.69% 9.19% 21.01%^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: NIFTY Composite Debt Index (20%), Nifty 50 (65%),Gold+15% Of INR Price of Gold. Additional Benchmak: NIFTY 10 yr Benchmark G-Sec. Inception Date: Aug 23, 2010. This scheme is managed by R. Sivakumar & Ashish Naik. Please refer to the Annexure for returns of all the schemes managed by them.

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

Axis Regular Saver Fund - Growth Option



Returns (Annualised) 6.55% 3.82% 1.70% -4.95%

Benchmark Returns (Annualised) 9.13% 8.33% 8.02% 7.52%

Additional Benchmark Returns (Annualised) 8.16% 8.69% 9.19% 20.92%

^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 2,40,000 1,20,000

Market value as on July 31, 2019 2,46,203 1,20,135

Returns (Annualised) 2.48% 0.21%

Benchmark Returns (Annualised) 7.70% 7.63%

Additional Benchmark Returns (Annualised) 4.36% -0.61%^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index. Additional Benchmak: Nifty 50 TRI. Inception Date: August 1, 2017. This scheme is managed by Anupam Tiwari, R. Sivakumar . Please refer to the Annexure for returns of all the schemes managed by them. SIP returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return).

41

NAV

Axis Liquid Fund

Axis Dynamic Bond Fund

Axis Banking & PSU Debt Fund

Axis Gilt Fund

Axis Treasury Advantage Fund

Axis Corporate Debt Fund

Axis Short Term Fund

Axis Strategic Bond Fund

Option NAV (`)Daily Dividend 1001.3998Growth 2113.4210Monthly Dividend 1001.9436Weekly Dividend 1002.4488Retail Daily Dividend 1000.9559Retail Growth 1992.2911Retail Monthly Dividend 1001.2741Retail Weekly Dividend 1000.9545Direct Bonus 2122.3023Direct plan - Daily Dividend 1000.9560Direct plan - Growth 2122.4219Direct plan - Monthly Dividend 1001.3584Direct plan - Weekly Dividend 1002.4517

Option NAV (`)Growth 19.9278Half Yearly Dividend 11.0163Quarterly Dividend 10.6728Direct Plan - Growth 21.3838Direct Plan - Half Yearly Dividend 11.9590Direct Plan - Quarterly Dividend 10.9187

Option NAV (`)Growth 14.3656Monthly Dividend 9.8805Weekly Dividend 9.9420Direct Growth 15.2314Direct Monthly Dividend 9.8498Direct Weekly Dividend 10.0408

Option NAV (`)Daily Dividend 1017.8595Growth 1804.1419Monthly Dividend 1018.4430Weekly Dividend 1019.9001Direct Plan - Daily Dividend 1017.8596Direct Plan - Growth 1828.4528Direct Plan - Monthly Dividend 1018.5022Direct Plan - Weekly Dividend 1019.9178

Option NAV (`)Growth 17.3080Half Yearly Dividend 11.3023Regular Dividend 10.3986Direct Plan - Growth 17.9006Direct Plan - Half Yearly Dividend 11.3515Direct Plan - Regular Dividend 10.4007

Option NAV (`)Daily Dividend 1006.2334Growth 2149.9302Monthly Dividend 1007.6752Weekly Dividend 1007.1442Retail Daily Dividend 1005.4758Retail Growth 2011.8787Retail Monthly Dividend 1007.6745Retail Weekly Dividend 1006.2668Direct Plan - Daily Dividend 1007.2893Direct Plan - Growth 2211.6839Direct Plan - Monthly Dividend 1007.7262Direct Plan - Weekly Dividend 1006.2797

Option NAV (`)Regular Plan Regular Dividend 11.3643Regular Plan Daily Dividend 9.8845Regular Plan Growth 11.3637Regular Plan Monthly Dividend 9.8838Regular Plan Weekly Dividend 9.8777Direct Plan Regular Dividend 11.5581Direct Plan Daily Dividend 9.9037Direct Plan Growth 11.5609Direct Plan Monthly Dividend 9.8974Direct Plan Weekly Dividend 9.8852

Option NAV (`)Bonus 21.0381Growth 20.9184Monthly Dividend 10.0961Weekly Dividend 10.2613Regular Dividend 13.9943Retail Growth 20.6824Retail Monthly Dividend 10.0905Retail Weekly Dividend 10.1695Direct Plan - Regular Dividend 13.4004Direct Plan - Growth 21.9912Direct Plan - Monthly Dividend 10.0929Direct Plan - Weekly Dividend 10.2614

Option NAV (`)Growth 18.3718Half Yearly Dividend 10.5681Quarterly Dividend 10.2815Direct Plan - Growth 19.3900Direct Plan - Half Yearly Dividend 10.9858Direct Plan - Quarterly Dividend 10.6477

Option NAV (`)Dividend 15.37Growth 28.89Direct Plan - Dividend 16.93Direct Plan - Growth 31.20



Option NAV (`)Dividend 11.50Growth 11.50Direct Dividend 11.83Direct Growth 11.83



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 31st July 2019)

Debt Funds (as on 31st July 2019)

Option NAV (`)Regular Plan Regular Dividend 10.7200Regular Plan Daily Dividend 10.0373Regular Plan Growth 10.7200Regular Plan Monthly Dividend 10.0499Regular Plan Weekly Dividend 10.0576Direct Plan Regular Dividend 10.8035Direct Plan Daily Dividend 10.0300Direct Plan Growth 10.8028Direct Plan Monthly Dividend 10.0602Direct Plan Weekly Dividend 10.0581

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 1022.1005Regular Monthly Dividend 1001.7418Regular Weekly Dividend 1000.9775Direct Daily Dividend 1000.5073Direct Growth 1022.4735Direct Monthly Dividend 1001.7601Direct Weekly Dividend 1001.0005

42

NAV

Option NAV (`)Regular Regular Dividend 10.10Regular Growth 10.10Regular Monthly Dividend 10.10Regular Quarterly Dividend 10.10Direct Regular Dividend 10.28Direct Growth 10.27Direct Monthly Dividend 10.27Direct Quarterly Dividend 10.27

Axis Equity Hybrid Fund

Axis Equity Saver Fund Axis Regular Saver Fund

Option NAV (`)Regular Dividend 12.42Growth 12.79Monthly Dividend 10.46Quarterly Dividend 10.56Direct Regular Dividend 12.41Direct Growth 13.40Direct Monthly Dividend 10.96Direct Quarterly Dividend 11.07

Axis Children’s Gift Fund

Option NAV (`)Direct Plan - No Lock-In - Dividend 13.8739Direct Plan - No Lock-In - Growth 14.0035No Lock-In - Dividend 13.1173No Lock-In - Growth 13.1120Compulsory Lock-In - Dividend 13.1206Compulsory Lock-In - Growth 13.1136Dir Plan - Comp Lock-In - Dividend 13.8740Dir Plan - Comp Lock-In - Growth 13.8824

Axis Dynamic Equity Fund


Option NAV (`)Growth 18.5953Dividend Option - Half Yearly 10.0793Dividend Option - Quarterly 10.0015Dividend Option - Annual 10.5960Direct Plan - Growth 20.2231Direct Plan - Half Yearly Dividend 10.8804Direct Plan - Quarterly Dividend 12.5211Direct Plan - Annual Dividend 11.3973

Axis Triple Advantage Fund


Hybrid Funds (as on 31st July 2019)

Fund Name Minimum Investment Amount (`)

Additional Purchase Amount (`)

Minimum SIP Amount / in Multipules of (`)

Minimum Installments

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Axis Liquid Fund Growth Option: `500 and in

multiples of ` 1/- there-after

All other Options:` 5,000 and in

multiples of `1/- thereaf-ter

Growth Option: ` 500 and in

multiples of ` 1/- thereafter All other

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

thereafter

- 06

Axis Overnight Fund Growth Option: `500 and in

multiples of ` 1/- there-after

All other Options:` 5,000 and in

multiples of `1/- thereaf-ter

Growth Option: ` 500 and in

multiples of ` 1/- thereafter All other

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

thereafter

- 06

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

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

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

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

MINIMUM INVESTMENT AMOUNT DETAILS

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

43

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-100.73% 10,073 12.53% 14,260 11.33% 17,105 11.72% 28,890

Nifty 50 TRI (Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 9.44% 23,716S&P BSE Sensex TRI (Additional Benchmark) 0.93% 10,093 11.49% 13,865 9.09% 15,456 9.75% 24,358Axis Bluechip Fund - Direct Plan - Growth

01-Jan-132.09% 10,209 13.97% 14,815 12.67% 18,161 15.37% 25,616

Nifty 50 TRI (Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 11.37% 20,311S&P BSE Sensex TRI (Additional Benchmark) 0.93% 10,093 11.49% 13,865 9.09% 15,456 11.95% 21,017Axis Midcap Fund - Growth

18-Feb-11-3.18% 9,682 9.71% 13,213 11.61% 17,323 15.88% 34,750

S&P BSE Midcap TRI (Benchmark) -13.89% 8,611 3.62% 11,128 9.47% 15,728 10.32% 22,935Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 10.17% 22,672Axis Midcap Fund - Direct Plan - Growth

01-Jan-13-1.98% 9,802 10.98% 13,677 12.95% 18,390 16.58% 27,443

S&P BSE TRI Midcap (Benchmark) -13.89% 8,611 3.62% 11,128 9.47% 15,728 11.63% 20,626Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 11.37% 20,311Axis Multicap Fund - Regular Plan - Growth@

20-Nov-170.17% 10,017 NA NA NA NA 8.60% 11,500

Nifty 500 (Benchmark) -5.15% 9,485 NA NA NA NA 0.47% 10,080Nifty 50 (Additional Benchmark) -0.85% 9,915 NA NA NA NA 6.06% 11,048Axis Multicap Fund - Direct Plan - Growth@

20-Nov-171.81% 10,181 NA NA NA NA 10.43% 11,830

Nifty 500 TRI (Benchmark) -5.15% 9,485 NA NA NA NA 0.47% 10,080Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 6.06% 11,048Axis Equity Advantage Fund - Series 1 - Regular Plan - Growth@

25-May-17-3.12% 9,688 NA NA NA NA 6.48% 11,470

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (Benchmark) 2.56% 10,256 NA NA NA NA 8.81% 12,025Nifty 50 TRI (Additional-l Benchmark) -0.85% 9,915 NA NA NA NA 9.04% 12,080Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth@

25-May-17-1.90% 9,810 NA NA NA NA 8.08% 11,850

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (Benchmark) 2.56% 10,256 NA NA NA NA 8.81% 12,025Nifty 50 TRI (Additional-l Benchmark) -0.85% 9,915 NA NA NA NA 9.04% 12,080Axis Equity Advantage Fund - Series 2 - Regular Plan - Growth@

03-Aug-17-0.71% 9,929 NA NA NA NA 5.47% 11,120

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (s2) (Benchmark) 2.56% 10,256 NA NA NA NA 6.91% 11,425Nifty 50 TRI (Additional-l Benchmark) -0.85% 9,915 NA NA NA NA 6.77% 11,393Axis Equity Advantage Fund - Series 2 - Direct Plan - Growth@

03-Aug-170.61% 10,061 NA NA NA NA 7.22% 11,490

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (Benchmark) 2.56% 10,256 NA NA NA NA 6.91% 11,425Nifty 50 TRI (Additional-l Benchmark) -0.85% 9,915 NA NA NA NA 6.77% 11,393

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

29-Dec-09-3.03% 9,697 9.60% 13,173 12.92% 18,363 16.67% 43,891

S&P BSE 200 TRI (Benchmark) -3.62% 9,638 9.23% 13,039 9.47% 15,723 9.75% 24,402Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 9.62% 24,127Axis Long Term Equity Fund - Direct Plan - Growth*

01-Jan-13-2.05% 9,795 10.76% 13,597 14.19% 19,420 19.16% 31,697

S&P BSE 200 TRI (Benchmark) -3.62% 9,638 9.23% 13,039 9.47% 15,723 11.74% 20,765Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 11.37% 20,311Axis Focused 25 Fund - Growth

29-Jun-12-6.63% 9,337 12.00% 14,058 13.14% 18,546 15.22% 27,300

Nifty 50 (Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 12.47% 23,012S&P BSE 200 TRI (Additional Benchmark) -3.62% 9,638 9.23% 13,039 9.47% 15,723 13.10% 23,934Axis Focused 25 Fund - Direct Plan - Growth

01-Jan-13-5.37% 9,463 13.38% 14,586 14.58% 19,760 15.20% 25,369

Nifty 50 TRI (Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 11.37% 20,311S&P BSE 200 TRI (Additional Benchmark) -3.62% 9,638 9.23% 13,039 9.47% 15,723 11.74% 20,765Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Regular Plan - Growth@

29-Dec -16

-9.27% 9,073 NA NA NA NA 5.02% 11,350

S&P BSE Midcap TRI (Benchmark) -13.89% 8,611 NA NA NA NA 6.57% 11,790Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 14.58% 14,218Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Direct Plan- Growth@

29-Dec -16-8.11% 9,189 NA NA NA NA 6.57% 11,790

S&P BSE Midcap TRI (Benchmark) -13.89% 8,611 NA NA NA NA 6.57% 11,790Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 14.58% 14,218Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Regular Plan - Growth@

27-Feb -17

-10.30% 8,970 NA NA NA NA 3.58% 10,890

S&P BSE Midcap TRI (Benchmark) -13.89% 8,611 NA NA NA NA 1.47% 10,359Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 11.23% 12,939Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Direct Plan- Growth@

27-Feb -17

-9.11% 9,089 NA NA NA NA 5.10% 11,280

S&P BSE Midcap TRI (Benchmark) -13.89% 8,611 NA NA NA NA 1.47% 10,359Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 11.23% 12,939

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

14-Aug-151.59% 10,159 6.55% 12,100 NA NA 6.40% 12,790

NIFTY 50 Equity Savings Index (Benchmark) 4.95% 10,495 7.98% 12,595 NA NA 7.52% 13,331Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 NA NA 8.34% 13,737Axis Equity Saver Fund - Direct Plan - Growth@

14-Aug-152.68% 10,268 7.74% 12,512 NA NA 7.66% 13,400

NIFTY 50 Equity Savings Index (Benchmark) 4.95% 10,495 7.98% 12,595 NA NA 7.52% 13,331Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 NA NA 8.34% 13,737Axis Triple Advantage Fund - Growth

23-Aug-100.10% 10,010 5.21% 11,650 6.92% 13,974 7.69% 19,396

NIFTY Composite Debt Index (20%), Nifty 50 (65%),Gold (15%) (Benchmark) 4.73% 10,473 8.89% 12,917 8.67% 15,155 9.21% 21,992NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 15.78% 11,578 7.47% 12,418 9.24% 15,562 7.61% 19,266Axis Triple Advantage Fund - Direct Plan Growth

01-Jan-131.20% 10,120 6.44% 12,063 8.04% 14,725 7.80% 16,392

NIFTY Composite Debt Index (20%), Nifty 50 (65%),Gold (15%) (Benchmark) 4.73% 10,473 8.89% 12,917 8.67% 15,155 9.63% 18,318NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 15.78% 11,578 7.47% 12,418 9.24% 15,562 7.68% 16,268Axis Dynamic Bond Fund - Growth

27-Apr-1112.33% 11,233 7.71% 12,502 8.99% 15,386 8.70% 19,928

NIFTY Composite Debt Index (Benchmark) 12.84% 11,284 7.73% 12,507 9.08% 15,447 8.65% 19,854NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 15.78% 11,578 7.47% 12,418 9.24% 15,562 7.75% 18,537Axis Dynamic Bond Fund - Direct Plan - Growth

02-Jan-1313.23% 11,323 8.64% 12,827 10.10% 16,181 9.66% 18,337

NIFTY Composite Debt Index (Benchmark) 12.84% 11,284 7.73% 12,507 9.08% 15,447 8.50% 17,107NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 15.78% 11,578 7.47% 12,418 9.24% 15,562 7.67% 16,264Axis Dynamic Equity Fund -Regular Plan - Growth@

1-Aug-17-1.54% 9,846 NA NA NA NA 4.22% 10,860

NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 6.03% 10,603 NA NA NA NA 6.84% 11,412Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 6.22% 11,281Axis Dynamic Equity Fund - Direct Plan - Growth@

1-Aug-170.00% 10,000 NA NA NA NA 5.93% 11,220

NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 6.03% 10,603 NA NA NA NA 6.84% 11,412Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 6.22% 11,281Axis Capital Protection Oriented Fund - Series 5 #

02-Nov-123.81% 10,381 7.39% 12,391 5.98% 13,374 8.00% 16,810

Crisil Hybrid 85+15 - Conservative Index (Benchmark) 10.29% 11,029 8.26% 12,695 9.52% 15,759 9.49% 18,429NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 7.54% 14,383 7.55% 16,342Axis Childrens Gift Fund - Compulsory Lock-in - Regular Plan - Growth@

08-Dec-15-1.08% 9,892 6.70% 12,153 NA NA 7.72% 13,114

NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 3.97% 10,397 9.53% 13,146 NA NA 11.02% 14,643

Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 NA NA 12.09% 15,160Axis Childrens Gift Fund - Compulsory Lock-in - Direct Plan - Growth@

08-Dec-150.39% 10,039 8.39% 12,740 NA NA 9.41% 13,882

NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 3.97% 10,397 9.53% 13,146 NA NA 11.02% 14,643Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 NA NA 12.09% 15,160Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth@

08-Dec-15-1.09% 9,891 6.70% 12,152 NA NA 7.71% 13,112

NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 3.97% 10,397 9.53% 13,146 NA NA 11.02% 14,643Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 NA NA 12.09% 15,160Axis Childrens Gift Fund - No Lock-in - Direct Plan - Growth@

08-Dec-150.44% 10,044 8.59% 12,811 NA NA 9.67% 14,004

NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 3.97% 10,397 9.53% 13,146 NA NA 11.02% 14,643Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 NA NA 12.09% 15,160

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

09-Oct-097.45% 10,745 7.12% 12,291 7.62% 14,443 7.92% 21,134

NIFTY Liquid Index (Benchmark) 7.31% 10,731 6.93% 12,225 7.44% 14,319 7.85% 20,999NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,252 7.54% 14,383 6.90% 19,247Axis Liquid Fund - Direct Plan - Growth

31-Dec-127.51% 10,751 7.19% 12,314 7.69% 14,489 8.07% 16,673

NIFTY Liquid Index (Benchmark) 7.31% 10,731 6.93% 12,225 7.44% 14,319 7.87% 16,469NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,252 7.54% 14,383 7.54% 16,134

ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 31st July 2019)

44






CAGR (%)

CurrentValue of


CAGR (%) Current

Value Of

Investment

Of ` 10,000

Was Invested On

Inception DateAxis Liquid Fund - Retail Plan - Growth

01-Mar-106.89% 10,689 6.54% 12,092 7.05% 14,063 7.59% 19,923

NIFTY Liquid Index (Benchmark) 7.31% 10,731 6.93% 12,225 7.44% 14,319 8.04% 20,718NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,252 7.54% 14,383 7.03% 18,970Axis Treasury Advantage Fund - Growth

09-Oct-098.75% 10,875 7.48% 12,421 7.91% 14,633 8.11% 21,499

NIFTY Low Duration Debt Index (Benchmark) 8.39% 10,839 7.46% 12,413 8.00% 14,698 8.28% 21,821NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 7.54% 14,383 6.90% 19,247Axis Treasury Advantage Fund - Direct Plan - Growth

01-Jan-139.17% 10,917 8.00% 12,602 8.40% 14,972 8.69% 17,309

NIFTY Low Duration Debt Index (Benchmark) 8.39% 10,839 7.46% 12,413 8.00% 14,698 8.25% 16,844NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 7.54% 14,383 7.53% 16,128Axis Treasury Advantage Fund - Retail Plan - Growth

03-Mar-108.74% 10,874 7.16% 12,310 7.45% 14,323 7.71% 20,119

NIFTY Low Duration Debt Index (Benchmark) 8.39% 10,839 7.46% 12,413 8.00% 14,698 8.38% 21,343NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 7.54% 14,383 7.03% 18,967Axis Banking & PSU Debt Fund - Growth

08-Jun-1210.71% 11,071 8.20% 12,671 8.40% 14,972 8.61% 18,041

NIFTY Banking & PSU Debt Index (Benchmark) 9.37% 10,937 7.00% 12,254 8.18% 14,823 8.39% 17,783NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 7.54% 14,383 7.53% 16,804Axis Banking & PSU Debt Fund - Direct Plan - Growth

01-Jan-1311.01% 11,101 8.45% 12,759 8.63% 15,129 8.75% 17,367

NIFTY Banking & PSU Debt Index (Benchmark) 9.37% 10,937 7.00% 12,254 8.18% 14,823 8.18% 16,779NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 7.54% 14,383 7.53% 16,128Axis Equity Advantage Fund - Series 1 - Regular Plan - Growth@

25-May-17-3.12% 9,688 NA NA NA NA 6.48% 11,470

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (Benchmark) 2.56% 10,256 NA NA NA NA 8.81% 12,025Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 9.04% 12,080Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth@

25-May-17-1.90% 9,810 NA NA NA NA 8.08% 11,850

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (Benchmark) 2.56% 10,256 NA NA NA NA 8.81% 12,025Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 9.04% 12,080Axis Equity Advantage Fund - Series 2 - Regular Plan - Growth@

03-AUG-17-0.71% 9,929 NA NA NA NA 5.47% 11,120

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (Benchmark) 2.56% 10,256 NA NA NA NA 6.91% 11,425Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 6.77% 11,393Axis Equity Advantage Fund - Series 2 - Direct Plan - Growth@

03-Aug-170.61% 10,061 NA NA NA NA 7.22% 11,490

75% Nifty 50 TRI + 25% Crisil Composite Bond Fund Index (Benchmark) 2.56% 10,256 NA NA NA NA 6.91% 11,425Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 6.77% 11,393

TOP 3 FUNDS MANAGED BY ASHISH NAIK (TOTAL SCHEMES MANAGED : 15 SCHEMES)Axis Capital Protection Oriented Fund - Series 5 - (42M) - Growth

02-Nov-123.81% 10,381 7.39% 12,391 5.98% 13,374 8.00% 16,810

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 10.29% 11,029 8.26% 12,695 9.52% 15,759 9.49% 18,429NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 7.54% 14,383 7.55% 16,342Axis Hybrid Fund - Series 30 - Regular Plan - Growth@@

11-Feb-163.78% 10,378 8.11% 12,641 NA NA 10.81% 14,278

Crisil Composite Bond Fund Index (85%) and Nifty 50 TRI (15%) (Benchmark) 10.73% 11,073 8.38% 12,736 NA NA 10.08% 13,952NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 NA NA 7.16% 12,710Axis Hybrid Fund - Series 30 - Direct Plan - Growth@@

11-Feb-164.82% 10,482 9.48% 13,129 NA NA 12.19% 14,902

Crisil Composite Bond Fund Index (85%) and Nifty 50 TRI (15%) (Benchmark) 10.73% 11,073 8.38% 12,736 NA NA 10.08% 13,952NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 NA NA 7.16% 12,710Axis Hybrid Fund - Series 7 - Regular Plan - Growth

05-Sep-133.44% 10,344 1.61% 10,493 2.70% 11,425 5.68% 13,856

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 10.29% 11,029 8.26% 12,695 9.52% 15,759 10.45% 17,986NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 7.54% 14,383 7.80% 15,578

BOTTOM 3 FUNDS MANAGED BY ASHISH NAIK (TOTAL SCHEMES MANAGED : 15 SCHEMES)Axis Hybrid Fund - Series 35 - Regular Plan - Growth@

01-Dec-16-6.14% 9,386 NA NA NA NA 5.16% 11,434

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 10.29% 11,029 NA NA NA NA 7.37% 12,084NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 NA NA NA NA 6.80% 11,915Axis Hybrid Fund - Series 35 - Direct Plan - Growth@

01-Dec-16-5.11% 9,489 NA NA NA NA 6.64% 11,867

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 10.29% 11,029 NA NA NA NA 7.37% 12,084NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 NA NA NA NA 6.80% 11,915Axis Hybrid Fund - Series 33 - Regular Plan - Growth@

09-Sep-16-7.49% 9,251 NA NA NA NA 2.79% 10,827

Crisil Composite Bond Fund Index (80%) and Nifty 50 TRI (20%) (Benchmark) 10.05% 11,005 NA NA NA NA 8.15% 12,542NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 NA NA NA NA 6.99% 12,156Axis Hybrid Fund - Series 33 - Direct Plan - Growth@

09-Sep-16-6.47% 9,353 NA NA NA NA 4.27% 11,284

Crisil Composite Bond Fund Index (80%) and Nifty 50 TRI (20%) (Benchmark) 10.05% 11,005 NA NA NA NA 8.15% 12,542NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 NA NA NA NA 6.99% 12,156Axis Hybrid Fund - Series 31 - Regular Plan - Growth

19-Jul-16-7.90% 9,210 3.27% 11,017 NA NA 3.27% 11,024

Crisil Composite Bond Fund Index (80%) and Nifty 50 TRI (20%) (Benchmark) 10.05% 11,005 8.52% 12,784 NA NA 8.79% 12,912NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 NA NA 7.02% 12,284Axis Hybrid Fund - Series 31 - Direct Plan - Growth

19-Jul-16-6.87% 9,313 4.78% 11,506 NA NA 4.77% 11,517

Crisil Composite Bond Fund Index (80%) and Nifty 50 TRI (20%) (Benchmark) 10.05% 11,005 8.52% 12,784 NA NA 8.79% 12,912NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 NA NA 7.02% 12,284

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

29-Nov-131.92% 10,192 8.42% 12,751 12.51% 18,038 19.59% 27,580

Nifty Smallcap 100 TRI (Benchmark) -25.28% 7,472 -2.26% 9,337 2.77% 11,466 11.33% 18,378Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 12.33% 19,339Axis Small Cap Fund - Direct Plan - Growth

29-Nov-133.02% 10,302 9.61% 13,176 13.76% 19,059 20.92% 29,370

Nifty Smallcap 100 TRI (Benchmark) -25.28% 7,472 -2.26% 9,337 2.77% 11,466 11.33% 18,378Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 8.91% 15,324 12.33% 19,339Axis Equity Saver Fund - Regular Plan - Growth@@

14-Aug-151.59% 10,159 6.55% 12,100 NA NA 6.40% 12,790

NIFTY Equity Savings Index (Benchmark) 4.95% 10,495 7.98% 12,595 NA NA 7.52% 13,331Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 NA NA 8.34% 13,737Axis Equity Saver Fund - Direct Plan - Growth@@

14-Aug-152.68% 10,268 7.74% 12,512 NA NA 7.66% 13,400

NIFTY Equity Savings Index (Benchmark) 4.95% 10,495 7.98% 12,595 NA NA 7.52% 13,331Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 10.17% 13,379 NA NA 8.34% 13,737Axis Dynamic Equity Fund - Regular Plan - Growth@

01-Aug-17-1.54% 9,846 NA NA NA NA 4.22% 10,860

NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 6.03% 10,603 NA NA NA NA 6.84% 11,412Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 6.22% 11,281Axis Dynamic Equity Fund - Direct Plan - Growth@

01-Aug-170.00% 10,000 NA NA NA NA 5.93% 11,220

NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 6.03% 10,603 NA NA NA NA 6.84% 11,412Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 6.22% 11,281

BOTTOM 3 FUNDS MANAGED BY ANUPAM TIWARI (TOTAL SCHEMES MANAGED : 7 SCHEMES) Axis Capital Builder Fund - Series 1 - Growth@@

08-Mar-18-5.89% 9,411 NA NA NA NA -1.80% 9,750

Nifty 500 TRI (Benchmark) -5.15% 9,485 NA NA NA NA 1.72% 10,242Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 7.66% 11,087Axis Capital Builder Fund - Series 1 - Direct Plan - Growth@@

08-Mar-18-4.70% 9,530 NA NA NA NA -0.43% 9,940

Nifty 500 TRI (Benchmark) -5.15% 9,485 NA NA NA NA 1.72% 10,242Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 7.66% 11,087Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Regular Plan - Growth@@

29-Dec-16-9.27% 9,073 NA NA NA NA 5.02% 11,350

S&P BSE MidCap TRI (Benchmark) -13.89% 8,611 NA NA NA NA 6.57% 11,790Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 14.58% 14,218Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Direct Plan - Growth@@

29-Dec-16-8.11% 9,189 NA NA NA NA 6.57% 11,790

S&P BSE MidCap TRI (Benchmark) -13.89% 8,611 NA NA NA NA 6.57% 11,790Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 14.58% 14,218Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Regular Plan - Growth@@

27-Feb-17-10.30% 8,970 NA NA NA NA 3.58% 10,890

S&P BSE MidCap TRI (Benchmark) -13.89% 8,611 NA NA NA NA 1.47% 10,359Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 11.23% 12,939Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Direct Plan - Growth@@

27-Feb-17-9.11% 9,089 NA NA NA NA 5.10% 11,280

S&P BSE MidCap TRI (Benchmark) -13.89% 8,611 NA NA NA NA 1.47% 10,359Nifty 50 TRI (Additional Benchmark) -0.85% 9,915 NA NA NA NA 11.23% 12,939

TOP 3 FUNDS MANAGED BY DEVANG SHAH (TOTAL SCHEMES MANAGED : 27 SCHEMES)Axis Gold ETF

10-Nov-1019.06% 11,906 1.73% 10,528 3.41% 11,827 5.12% 15,467

Domestic Price of Gold (Benchmark) 17.76% 11,776 3.30% 11,024 4.77% 12,626 5.40% 15,828Axis Gilt Fund - Growth

23-Jan-1215.55% 11,555 7.37% 12,382 8.95% 15,354 7.56% 17,308

NIFTY All Duration G-Sec Index (Benchmark) 17.01% 11,701 8.17% 12,663 9.43% 15,693 8.28% 18,194Axis Gilt Fund - Direct Plan - Growth

01-Jan-1316.10% 11,610 7.91% 12,572 9.50% 15,745 8.16% 16,752

NIFTY All Duration G-Sec Index (Benchmark) 17.01% 11,701 8.17% 12,663 9.43% 15,693 8.16% 16,759Axis Gold Fund - Growth

20-Oct-1114.78% 11,478 1.39% 10,425 2.00% 11,044 1.03% 10,829

Domestic Price of Gold (Benchmark) 17.76% 11,776 3.30% 11,024 4.77% 12,626 2.55% 12,164Axis Gold Fund - Direct Plan - Growth

01-Jan-1315.27% 11,527 2.04% 10,626 2.98% 11,583 0.21% 10,141

Domestic Price of Gold (Benchmark) 17.76% 11,776 3.30% 11,024 4.77% 12,626 1.19% 10,807

ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 31st July 2019)

45

46

Total Expense Ratio**Scheme - Regular Plan / Retail Plan / Direct Plan : Axis Liquid Fund : 0.16% / 0.65% / 0.11%, Axis Treasury Advantage Fund : 0.58% / 0.58% / 0.28%, Axis Banking & PSU Debt Fund : 0.59% / 0.29%, Axis Short Term Fund : 0.90% / 0.90%/ 0.28%, Axis Dynamic Bond Fund : 1.40% / 0.62%, Axis Gilt Fund : 0.66% / 0.20%, Axis Strategic Bond Fund : 1.05% / 0.39%, Axis Credit Risk Fund : 1.91% / 0.57%, Axis Arbitrage Fund : 0.99% / 0.27%, Axis Corporate Debt Fund : 1.05% / 0.28%, Axis Regular Saver* : 2.34% / 1.25%, Axis Long Term Equity Fund*: 1.76% / 0.93%, Axis Focused 25 Fund* : 2.03% / 0.74%, Axis Bluechip Fund* : 2.02% / 0.84%, Axis Triple Advantage Fund* : 2.34% / 1.15%, Axis Midcap Fund*: 2.18% / 0.85%, Axis Equity Saver Fund* : 2.46% / 1.23%, Axis Children’s Gift Fund* : 2.16% / 0.78%, Axis Dynamic Equity Fund* : 2.20% / 0.69%, Axis Multi Cap Fund* : 2.06% / 0.62%, Axis Equity Hybrid Fund* : 2.18% / 0.58%, Axis Ultra Short Term Fund : 1.20% / 0.28%, Axis Growth Opportunities Fund* : 2.44% / 0.59% , Axis Small Cap Fund* : 2.65%/1.53%, Axis Overnight Fund : 0.16%/ 0.11%

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

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

The above data excludes performance of Fixed Maturity Plans and all the schemes which have not completed a year. Jinesh Gopani is managing Axis Long Term Equity Fund since 1st April 2011, Axis Focused 25 Fund since 7th June 2016 and Axis Emerging Opportunites Fund Series 1 and Series 2 since inception, Axis Growth Opportunities Fund since inception.Shreyash Devalkar is managing Axis Bluechip Fund, Axis Midcap Fund since 23rd November 2016, Axis Equity Advantage Fund - Series 1 and Axis Equity Advantage Fund - Series 2 since inception and Axis Multicap Fund since 20th November 2017.Anupam Tiwari is managing Axis Equity Saver Fund and Axis Small Cap Fund since 6th October, 2016, Axis Emerging Opportunities Fund - Series 1 since 29th December 2016, Axis Emerging Opportunities Fund - Series 2 since 17th Feb 2017, Axis Dynamic Equity Fund since inception, Axis Capital Builder Fund - Series 1 since 8th March 2018, Axis Capital Builder Fund - Series 4 since 21st December 2018Devang Shah is managing Axis Liquid Fund, Axis Dynamic Bond Fund, Axis Gilt Fund , Axis Strategic Bond Fund and Axis Short Term Fund and all Axis Hybrid Funds since 5th November 2012 (since inception date for Axis Hybrid Funds launched after 5th November, 2012), Axis Credit Risk Fund and Axis Arbitrage Fund since inception and Axis Treasury Advantage Fund and Axis Regular Saver Fund (Debt portion), Axis Gold Fund, Axis Gold ETF , all Axis Fixed Term Plans since 7th June, 2016 (since inception date for Axis Fixed Term Plans launched after 7th June, 2016) and Axis Corporate Debt Fund since July 13th, 2017.Ashish Naik is managing the equity portion of Axis Regular Saver Fund and Axis Triple Advantage Fund since 22nd June 2016 and Axis Children’s Gift Fund since July 6th, 2016 and Axis Nifty ETF since July 3rd 2017, Axis Capital Builder Fund - Series 1 since 8th March 2018, Axis Equity Hybrid Fund since inception & all Axis Hybrid Funds since 7th March, 2019. Axis Capital Protection Oriented Fund – Series 5 since 7th March 2019Aditya Pagaria is managing Axis Ultra short term fund since inception and Axis Liquid Fund, Axis Treasury Advantage Fund, Axis Banking & PSU Debt Fund since 13th August, 2016, Axis Equity Advantage Fund Series - 1 since 26th May, 2017 & Axis Equity Advantage Fund Series - 2 since 7th March 2019, Axis Overnight Fund since inception .R. Sivakumar is managing Axis Dynamic Bond Fund, Axis Equity Saver Fund (debt potion) and Axis Capital Protection Oriented Fund – Series 5 since inception, Axis Triple Advantage Fund since 14th September 2010 and Axis Children’s Gift Fund (debt portion) since 7th June 2016, Axis Dynamic Equity Fund since inception, Axis Equity Hybrid Fund since inception.Viresh Joshi is managing Axis Arbitrage Fund since 7th March 2019Dhaval Patel managing Axis Credit Risk Fund since inception. @The performance data for 3 years & 5 years period has not been provided, since scheme is in existence for less than 3 years. @@The performance data for 5 years period has not been provided, since scheme is in existence for less than 5 years.W.e.f January 1, 2013, Axis Short Term Fund - Institutional Plan, Axis Treasury Advantage Fund - Institutional Plan & Axis Liquid Fund - Institutional Plan have been renamed Axis Short Term Fund, Axis Treasury Advantage Fund & Axis Liquid Fund, respectively.* An open ended equity linked savings scheme with a 3 year lock-in.# Scheme Performance may not be strictly comparable with that of its additional benchmark in view of hybrid nature of the scheme.

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

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






CAGR (%)

CurrentValue of


CAGR (%) Current

Value Of

Investment

Of ` 10,000

Was Invested On

Inception Date

BOTTOM 3 FUNDS MANAGED BY DEVANG SHAH (TOTAL SCHEMES MANAGED : 27 SCHEMES)Axis Hybrid Fund - Series 35 - Regular Plan - Growth@

01-Dec-16-6.14% 9,386 NA NA NA NA 5.16% 11,434

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 10.29% 11,029 NA NA NA NA 7.37% 12,084NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 NA NA NA NA 6.80% 11,915Axis Hybrid Fund - Series 35 - Direct Plan - Growth@

01-Dec-16-5.11% 9,489 NA NA NA NA 6.64% 11,867

CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 10.29% 11,029 NA NA NA NA 7.37% 12,084NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 NA NA NA NA 6.80% 11,915Axis Hybrid Fund - Series 33 - Regular Plan - Growth@

09-Sep-16-7.49% 9,251 NA NA NA NA 2.79% 10,827

Crisil Composite Bond Fund Index (80%) and Nifty 50 TRI (20%) (Benchmark) 10.05% 11,005 NA NA NA NA 8.15% 12,542NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 NA NA NA NA 6.99% 12,156Axis Hybrid Fund - Series 33 - Direct Plan - Growth@

09-Sep-16-6.47% 9,353 NA NA NA NA 4.27% 11,284

Crisil Composite Bond Fund Index (80%) and Nifty 50 TRI (20%) (Benchmark) 10.05% 11,005 NA NA NA NA 8.15% 12,542NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 NA NA NA NA 6.99% 12,156Axis Hybrid Fund - Series 31 - Regular Plan - Growth@@

19-Jul-16-7.90% 9,210 3.27% 11,017 NA NA 3.27% 11,024

Crisil Composite Bond Fund Index (80%) and Nifty 50 TRI (20%) (Benchmark) 10.05% 11,005 8.52% 12,784 NA NA 8.79% 12,912NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 NA NA 7.02% 12,284Axis Hybrid Fund - Series 31 - Direct Plan - Growth@@

19-Jul-16-6.87% 9,313 4.78% 11,506 NA NA 4.77% 11,517

Crisil Composite Bond Fund Index (80%) and Nifty 50 TRI (20%) (Benchmark) 10.05% 11,005 8.52% 12,784 NA NA 8.79% 12,912NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 NA NA 7.02% 12,284

FUNDS MANAGED BY FUNDS MANAGED BY VIRESH JOSHI (TOTAL SCHEMES MANAGED : 1 SCHEME)Axis Arbitrage Fund - Regular Plan - Growth@@

14-Aug-146.37% 10,637 6.18% 11,976 NA NA 6.51% 13,678

Nifty 50 Arbitrage Index (Benchmark) 6.80% 10,680 5.42% 11,720 NA NA 6.16% 13,452NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 NA NA 7.53% 14,337Axis Arbitrage Fund - Direct Plan - Growth@@

14-Aug-147.16% 10,716 7.03% 12,264 NA NA 7.38% 14,243

Nifty 50 Arbitrage Index (Benchmark) 6.80% 10,680 5.42% 11,720 NA NA 6.16% 13,452NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.91% 10,791 7.00% 12,256 NA NA 7.53% 14,337

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

28-Mar-127.00% 10,700 7.42% 12,399 8.77% 15,229 8.63% 18,372

NIFTY Medium Duration Debt Index (Benchmark) 10.54% 11,054 7.42% 12,401 8.63% 15,128 8.78% 18,560NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 15.78% 11,578 7.47% 12,418 9.24% 15,562 8.16% 17,793Axis Strategic Bond Fund - Direct Plan - Growth

07-Jan-137.69% 10,769 8.11% 12,643 9.66% 15,861 9.23% 17,856

NIFTY Medium Duration Debt Index (Benchmark) 10.54% 11,054 7.42% 12,401 8.63% 15,128 8.39% 16,965NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 15.78% 11,578 7.47% 12,418 9.24% 15,562 7.57% 16,148

47

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

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

the rate are applicable for the financial year 2019-20 as per … july 20… · mar 15, 2018 2.00...

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