KEY INFORMATION MEMORANDUM & COMMON APPLICATION FORM Axis Tax Saver Fund (An Open-ended equity-linked savings Scheme) The investment objective of the Scheme is 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. Type of Instrument Normal Allocation (% of net assets) # Equity and equity- related Securities Minimum 80% Maximum 100% Debt and money market instruments^ Minimum 0% Maximum 20% ^Includes Investment in Securitized Debt up to 20% of the Net Assets of the Scheme (as and when permitted). The Scheme will not invest in foreign securitized debt. Investment in foreign securities shall not exceed 40% of the net assets of the Scheme (as and when permitted). # Including derivatives instruments to the extent of 100% of the Net Assets of the scheme (as and when permitted). The Fund will invest in a diversified portfolio of strong growth companies with sustainable business models. Though the benchmark is BSE-200, the investments will not be limited to the companies constituting the benchmark. The Fund will have the flexibility to invest across the market capitalization spectrum (i.e. Large, mid and small cap companies) and across industries/ sectors. The companies would be individually researched and selected only when the fund management team has satisfied itself on robustness of the company’s business model, sustainability of its competitive advantage and the credibility of its top management team. The Fund will endeavor that the corpus of the scheme remains fully invested in equity and equity-related instruments at all times. Mutual Fund Units involve investment risks including the possible loss of principal. Please read the Scheme Information Document (SID) carefully for details on risk factors before investment. Scheme specific Risk Factors are summarized below: The scheme carries risks associated with investing in equity and equity related securities, derivatives, foreign Securities, debt securities, securitized debt, money market instruments, short selling and securities lending. Investment in mutual fund units involves investment risks such as trading volumes, settlement risk, liquidity risk and default risk. Trading volume may restrict liquidity in equity and debt investments. The AMC may choose to invest in unlisted securities which may increase the risk on the portfolio. Also, the value of the Scheme investments may be affected by interest rates, currency exchange rates, changes in law/policies of the government, taxation laws and political, economic or other developments. Investments in debt and money market instruments are subject to interest rate risk, re-investment risk, basis risk, credit risk, spread risk, prepayment risk, etc. to the extent of the scheme’s investments in such securities. Please refer to the SID for further details. Due to the lock in requirements under ELSS Guidelines, the ability of investors to realize returns is restricted for the first three years. The Fund by utilizing a holistic risk management strategy will endeavor to manage risks associated with investing in equity markets. The risk control process involves identifying & measuring the risk through various risk measurement tools. Axis Equity Fund (An Open-ended Growth Scheme) To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved. Type of Instrument Normal Allocation (% of net assets) # Equity and Equity Related Instruments Minimum 80% Maximum 100% # Debt and Money Market Instruments* Minimum 0% Maximum 20% # Including derivatives instruments to the extent of 100% of the Net Assets *Investment in Securitized debt (excluding foreign securitized debt), if undertaken, would not exceed 20% of the net assets of the Scheme. Investment in foreign securities shall not exceed 40% of the net assets of the Scheme. The Fund will actively manage a diversified portfolio of strong growth companies with sustainable business models, whilst managing risk. The Fund will have the flexibility to invest across the market capitalization (i.e. Large, mid and small cap companies) spectrum and industries / sectors. The companies would be individually researched and selected only when the fund management team has satisfied itself on robustness of the company’s business model, sustainability of its competitive advantage and the credibility of its top management team. Mutual Fund Units involve investment risks including the possible loss of principal. Please read the Scheme Information Document (SID) carefully for details on risk factors before investment. Scheme specific Risk Factors are summarized below: The scheme carries risks associated with investing in equity and equity related securities, derivatives, foreign Securities, debt securities, securitized debt, money market instruments, short selling and securities lending. Investment in mutual fund units involves investment risks such as trading volumes, settlement risk, liquidity risk and default risk. Trading volume may restrict liquidity in equity and debt investments. The AMC may choose to invest in unlisted securities which may increase the risk on the portfolio. Also, the value of the Scheme investments may be affected by interest rates, currency exchange rates, changes in law/policies of the government, taxation laws and political, economic or other developments. Investments in debt and money market instruments are subject to interest rate risk, re-investment risk, basis risk, credit risk, spread risk, prepayment risk, etc. to the extent of the scheme’s investments in such securities. Please refer to the SID for further details. The Fund by utilizing a holistic risk management strategy will endeavor to manage risks associated with investing in equity markets. The risk control process involves identifying & measuring the risk through various risk measurement tools. This Key Information Memorandum (KIM) sets forth the information, which a prospective investor ought to know before investing. For further details of the scheme/Mutual Fund, due diligence certificate by the AMC, Key Personnel, investors’ rights & services, risk factors, penalties & pending litigations etc. investors should, before investment, refer to the Scheme Information Document and Statement of Additional Information available free of cost at any of the Investor Service Centres or distributors or from the website www.axismf.com. The Scheme particulars have been prepared in accordance with Securities and Exchange Board of India (Mutual Funds) Regulations 1996, as amended till date, and filed with Securities and Exchange Board of India (SEBI). The units being offered for public subscription have not been approved or disapproved by SEBI, nor has SEBI certified the accuracy or adequacy of this KIM. Name of Asset Management Company : Axis Asset Management Company Limited Name of Mutual Fund : Axis Mutual Fund Name of scheme Investment Objective Asset Allocation Pattern Investment Strategy Risk Profile of the Scheme Risk Management Strategies Axis Liquid Fund (An Open-Ended Liquid Scheme) Axis Treasury Advantage Fund (An Open-Ended Debt Scheme) Axis Equity Fund (An Open-Ended Growth Scheme) Axis Tax Saver Fund (An Open-Ended Equity Linked Savings Scheme) Offer for Units at applicable NAV based prices This document is dated January 7, 2010 1
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KEY INFORMATION MEMORANDUM & COMMON APPLICATION FORM
The investment objective of the Scheme is 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.
Type of Instrument Normal Allocation(% of net assets)
#Equity and equity- related Securities Minimum 80%Maximum 100%
Debt and money market instruments^ Minimum 0%Maximum 20%
^Includes Investment in Securitized Debt up to 20% of the Net Assets of the Scheme (as and when permitted). The Scheme will not invest in foreign securitized debt.
Investment in foreign securities shall not exceed 40% of the net assets of the Scheme (as and when permitted).#Including derivatives instruments to the extent of 100% of the Net Assets of the scheme (as and when permitted).
The Fund will invest in a diversified portfolio of strong growth companies with sustainable business models. Though the benchmark is BSE-200, the investments will not be limited to the companies constituting the benchmark. The Fund will have the flexibility to invest across the market capitalization spectrum (i.e. Large, mid and small cap companies) and across industries/ sectors.
The companies would be individually researched and selected only when the fund management team has satisfied itself on robustness of the company’s business model, sustainability of its competitive advantage and the credibility of its top management team.
The Fund will endeavor that the corpus of the scheme remains fully invested in equity and equity-related instruments at all times.
Mutual Fund Units involve investment risks including the possible loss of principal. Please read the Scheme Information Document (SID) carefully for details on risk factors before investment.
Scheme specific Risk Factors are summarized below:
The scheme carries risks associated with investing in equity and equity related securities, derivatives, foreign Securities, debt securities, securitized debt, money market instruments, short selling and securities lending.
Investment in mutual fund units involves investment risks such as trading volumes, settlement risk, liquidity risk and default risk. Trading volume may restrict liquidity in equity and debt investments. The AMC may choose to invest in unlisted securities which may increase the risk on the portfolio. Also, the value of the Scheme investments may be affected by interest rates, currency exchange rates, changes in law/policies of the government, taxation laws and political, economic or other developments.
Investments in debt and money market instruments are subject to interest rate risk, re-investment risk, basis risk, credit risk, spread risk, prepayment risk, etc. to the extent of the scheme’s investments in such securities. Please refer to the SID for further details.
Due to the lock in requirements under ELSS Guidelines, the ability of investors to realize returns is restricted for the first three years.
The Fund by utilizing a holistic risk management strategy will endeavor to manage risks associated with investing in equity markets. The risk control process involves identifying & measuring the risk through various risk measurement tools.
Axis Equity Fund(An Open-ended Growth Scheme)
To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Type of Instrument Normal Allocation(% of net assets)
#Equity and Equity Related Instruments Minimum 80%Maximum 100%
#Debt and Money Market Instruments* Minimum 0%Maximum 20%
#Including derivatives instruments to the extent of 100% of the Net Assets
*Investment in Securitized debt (excluding foreign securitized debt), if undertaken, would not exceed 20% of the net assets of the Scheme.
Investment in foreign securities shall not exceed 40% of the net assets of the Scheme.
The Fund will actively manage a diversified portfolio of strong growth companies with sustainable business models, whilst managing risk. The Fund will have the flexibility to invest across the market capitalization (i.e. Large, mid and small cap companies) spectrum and industries / sectors.
The companies would be individually researched and selected only when the fund management team has satisfied itself on robustness of the company’s business model, sustainability of its competitive advantage and the credibility of its top management team.
Mutual Fund Units involve investment risks including the possible loss of principal. Please read the Scheme Information Document (SID) carefully for details on risk factors before investment.
Scheme specific Risk Factors are summarized below:
The scheme carries risks associated with investing in equity and equity related securities, derivatives, foreign Securities, debt securities, securitized debt, money market instruments, short selling and securities lending.
Investment in mutual fund units involves investment risks such as trading volumes, settlement risk, liquidity risk and default risk. Trading volume may restrict liquidity in equity and debt investments. The AMC may choose to invest in unlisted securities which may increase the risk on the portfolio. Also, the value of the Scheme investments may be affected by interest rates, currency exchange rates, changes in law/policies of the government, taxation laws and political, economic or other developments.
Investments in debt and money market instruments are subject to interest rate risk, re-investment risk, basis risk, credit risk, spread risk, prepayment risk, etc. to the extent of the scheme’s investments in such securities. Please refer to the SID for further details.
The Fund by utilizing a holistic risk management strategy will endeavor to manage risks associated with investing in equity markets. The risk control process involves identifying & measuring the risk through various risk measurement tools.
This Key Information Memorandum (KIM) sets forth the information, which a prospective investor ought to know before investing. For further details of the scheme/Mutual Fund, due diligence certificate by the AMC, Key Personnel, investors’ rights & services, risk factors, penalties & pending litigations etc. investors should, before investment, refer to the Scheme Information Document and Statement of Additional Information available free of cost at any of the Investor Service Centres or distributors or from the website www.axismf.com.
The Scheme particulars have been prepared in accordance with Securities and Exchange Board of India (Mutual Funds) Regulations 1996, as amended till date, and filed with Securities and Exchange Board of India (SEBI). The units being offered for public subscription have not been approved or disapproved by SEBI, nor has SEBI certified the accuracy or adequacy of this KIM.
Name of Asset Management Company : Axis Asset Management Company LimitedName of Mutual Fund : Axis Mutual Fund
The Fund has identified following risks of investing in equities and designed risk management strategies, which are embedded in the investment process to manage such risks.
Risk & Description specific Risk mitigants /to Equities management strategy
Quality risk Risk of investing in Investment universe carefully selected tounsustainable/weak companies only include high quality businesses
Price risk Risk of overpaying “Fair value” based investment approachfor a company supported by comprehensive research
Concentration risk Invest across the market capitalizationspectrum and industries / sectors
Liquidity risk Control portfolio liquidity at portfolioHigh impact costs construction stage
Volatility Price volatility due to Control risk class/sector/stock company or portfolio specific exposures to control overall portfoliofactors volatility
Event risk Price risk due to Understand businesses to respondcompany or sector specific event effectively and speedily to events
Usage of derivatives: Hedge portfolios, ifrequired, in case of predictable eventswith uncertain outcomes
Plans: Nil
Options: The Scheme would offer Growth and Dividend Option. Dividend Payout and Dividend Reinvestment Option is available under the Dividend Option.
Default Option: Growth Option
Default Sub-Option: Reinvestment Option
Subscriptions / Purchases including Switch - ins:
The following cut-off timings shall be observed by the Mutual Fund in respect of purchase of Units of the Scheme, and the following NAVs shall be applied for such purchase:
1. where the application is received upto 3.00 pm with a local cheque or demand draft payable at par at the place where it is received - closing NAV of the day of receipt of application;
2. where the application is received after 3.00 pm with a local cheque or demand draft payable at par at the place where it is received - closing NAV of the next Business Day; and
3. where the application is received with an outstation cheque or demand draft which is not payable on par at the place where it is received - closing NAV of day on which the cheque or demand draft is credited.
Redemptions including Switch - outs:
The following cut-off timings shall be observed by the Mutual Fund in respect of Repurchase of Units:
1. where the application received upto 3.00 pm - closing NAV of the day of receipt of application; and
2. an application received after 3.00 pm - closing NAV of the next Business Day.
Purchase Additional Purchase Repurchase
Rs 500 and in Rs 500 and in Minimum Redemption/ Switch -multiples of multiples of Rs 500 or 50 Units in respect of Rs 500 thereafter Rs 500 thereafter each Option
Redemption of Units can be made only after 3 year of lock-in period from the date of allotment of the Units proposed to be redeemed.
For details of investment through Systematic Investment Plan (SIP) facility please refer to the SID.
Within 10 working days from the receipt of the redemption request at the Authorized Centre of Axis Mutual Fund.
BSE-200 Index
The Trustee will have the discretion to declare the dividend, subject to availability of distributable surplus calculated in accordance with the SEBI (Mutual Funds) Regulations. The actual declaration of dividend and frequency will inter-alia, depend on availability of distributable surplus calculated in accordance with SEBI (MF) Regulations and the decisions of the Trustee shall be final in this regard. There is no assurance or guarantee to the Unit holders as to the rate of dividend nor that the dividend will be paid regularly.
Mr Chandresh Nigam
Axis Mutual Fund Trustee Limited
Axis Tax Saver Fund BSE 200Returns Since Inception 0.04% 0.28%
thDate of Allotment - 29 December, 2009
Past performance may or may not be sustained in the future. Returns are absolute for periods less than 1 year. Since inception returns are calculated on Rs 10 invested at inception. Calculations are based on Growth NAVs.
The Fund has identified following risks of investing in equities and designed risk management strategies, which are embedded in the investment process to manage such risks.
Risk & Description specific Risk mitigants /to Equities management strategy
Quality risk Risk of investing in Investment universe carefully selected tounsustainable/weak companies only include high quality businesses
Price risk Risk of overpaying “Fair value” based investment approachfor a company supported by comprehensive research
Concentration risk Invest across the market capitalizationspectrum and industries / sectors
Liquidity risk Control portfolio liquidity at portfolioHigh impact costs construction stage
Volatility Price volatility due to Control risk class/sector/stock company or portfolio specific exposures to control overall portfoliofactors volatility
Event risk Price risk due to Understand businesses to respondcompany or sector specific event effectively and speedily to events
Usage of derivatives: Hedge portfolios, ifrequired, in case of predictable eventswith uncertain outcomes
Plans: Nil
Options: The Scheme would offer Growth and Dividend Option. Dividend Payout and Dividend Reinvestment Option is available under the Dividend Option.
Default Option: Growth Option
Default Sub-Option: Reinvestment Option
Subscriptions/Purchases including Switch - ins:
The following cut-off timings shall be observed by the Mutual Fund in respect of purchase of Units of the Scheme, and the following NAVs shall be applied for such purchase:
1. where the application is received upto 3.00 pm with a local cheque or demand draft payable at par at the place where it is received - closing NAV of the day of receipt of application;
2. where the application is received after 3.00 pm with a local cheque or demand draft payable at par at the place where it is received - closing NAV of the next Business Day; and
3. where the application is received with an outstation cheque or demand draft which is not payable on par at the place where it is received - closing NAV of day on which the cheque or demand draft is credited.
Redemptions including Switch - outs:
The following cut-off timings shall be observed by the Mutual Fund in respect of Repurchase of Units:
1. where the application received upto 3.00 pm - closing NAV of the day of receipt of application; and
2. an application received after 3.00 pm - closing NAV of the next Business Day.
Purchase Additional Purchase Repurchase
Rs 5,000 and in Rs 100 and in Minimum Redemption / Switch -multiples of multiples of Rs 1,000 or 100 Units in respect Re 1 thereafter Re 1 thereafter of each Option
For details of investment through Systematic Investment Plan (SIP) facility please refer to the SID.
Within 10 working days from the receipt of the redemption request at the Authorized Centre of Axis Mutual Fund.
S&P CNX Nifty Index
The Trustee will have the discretion to declare the dividend, subject to availability of distributable surplus calculated in accordance with the SEBI (Mutual Funds) Regulations. The actual declaration of dividend and frequency will inter-alia, depend on availability of distributable surplus calculated in accordance with SEBI (MF) Regulations and the decisions of the Trustee shall be final in this regard. There is no assurance or guarantee to the Unit holders as to the rate of dividend nor that the dividend will be paid regularly.
Mr Chandresh Nigam
Axis Mutual Fund Trustee Limited
This is a new scheme and does not have any performance track record.
Risk Management Strategies (contd...)
Plans and Options
Applicable NAV
Minimum Application and RedemptionAmount / Number of Units
Despatch of Repurchase(Redemption) Request
Benchmark Index
Dividend Policy
Name of the Fund Manager
Name of the Trustee Company
Performance of the scheme (31st December, 2009)
2
KEY INFORMATION MEMORANDUM & COMMON APPLICATION FORM
Entry load : NA
Exit load : Nil
No Load (if any) will be charged on the Units allotted on reinvestment of Dividends.
The above mentioned load structure shall be equally applicable to the special products such as SIP, switches, etc. offered under the Scheme. However, for switches between equity schemes, no load will be charged by the AMC. Further, for switches between the Growth and Dividend Option, no load will be charged by the scheme.
SEBI vide its circular no. SEBI/IMD/CIR No. 4/ 168230/09 dated June 30, 2009 has decided that there shall be no entry Load for all Mutual Fund Schemes. The upfront commission on investment made by the investor, if any, shall be paid to the ARN Holder (AMFI registered Distributor) directly by the investor, based on the investor's assessment of various factors including service rendered by the ARN Holder.
The Trustee/AMC reserve the right to change / modify the Load structure from a prospective date.
The recurring expenses of the Scheme (including the Investment Management and Advisory Fees) shall be as per the limits prescribed under the SEBI (MF) Regulations. These are as follows:
On the first Rs 100 crores of the average weekly net assets - 2.50%On the next Rs 300 crores of the average weekly net assets - 2.25%On the next Rs 300 crores of the average weekly net assets - 2.00%On the balance of the assets - 1.75%
Actual expenses for the previous financial year ended March 31, 2009 - Not Applicable
Not applicable
Investors are advised to refer to the paragraph on Taxation in the “Statement of Additional Information” and to consult their own tax advisors with respect to the specific amount of tax and other implications arising out of their participation in the scheme.
The NAV will be declared on all business days and will be published in 2 newspapers. NAV can also be viewed on www.axismf.com and www.amfiindia.com [You can also telephone us at 1800 3000 3300.]
Name and Address of Registrar Name, address, telephoneKarvy Computershare number, fax number, e-mail i.d.Private Limited of the Mutual FundUnit - Axis Mutual Fund Mr. Milind VengurlekarKarvy Plaza, H No 8-2-596, Axis Mutual FundStreet 1, Banjara Hills, 11th Floor, Nariman Bhavan, Hyderabad 34. Vinay K Shah Marg,Tel 040 2331 2454 Nariman Point, Mumbai 400 021Fax 040 2331 1968 Tel 3940 3300 Toll Free 1800 3000 3300
Account Statements: An account statement reflecting the number of Units allotted shall be dispatched to the Unit Holder by ordinary post / courier/ electronic mail within the following periods:
(i) Within 30 days from the date of closure of NFO / acceptance of valid application.
(ii) In case of SIP - within 10 working days from the end of quarter (March, June, September and December). However, the first account statement under SIP shall be issued within 10 working days of the initial investment and in case of specific request, the account statement shall be despatched within 5 working days from the receipt of such request without any charges.
Annual Account Statement
The Mutual Fund shall provide the Account Statement to the Unit holders who have not transacted during the last six months prior to the date of generation of account statements. The account statements in such cases may be generated and issued along with the Portfolio Statement or Annual Report of the Scheme.
Annual Report
Scheme-wise Annual Report or an abridged summary thereof shall be mailed to all Unit Holders within four months from the date of closure of the relevant accounting year i.e. 31st March each year.
Half yearly disclosures
The Mutual Fund shall publish a complete statement of the Scheme portfolio and the unaudited financial results, within one month from the close of each half year (i.e. 31st March and 30th September), by way of an advertisement at least, in one National English daily and one regional newspaper in the language of the region where the head office of the Mutual Fund is located.
The Mutual Fund may opt to send the portfolio to all Unit holders in lieu of the advertisement.
The Annual Report, portfolio statement and the unaudited financial results will also be displayed on the website of the Mutual Fund (www.axismf.com) and Association of Mutual Funds in India (www.amfiindia.com).
Entry load : NA
Exit load : 1% if redeemed within 1 year from date of allotment.
No Load will be charged on the Units allotted on reinvestment of Dividends.
The above mentioned load structure shall be equally applicable to the special products such as SIP, switches, etc. offered under the Scheme. However, for switches between equity schemes, no load will be charged by the AMC. Further, for switches between the Growth and Dividend Option, no load will be charged by the scheme.
SEBI vide its circular no. SEBI/IMD/CIR No. 4/ 168230/09 dated June 30, 2009 has decided that there shall be no entry Load for all Mutual Fund Schemes. The upfront commission on investment made by the investor, if any, shall be paid to the ARN Holder (AMFI registered Distributor) directly by the investor, based on the investor's assessment of various factors including service rendered by the ARN Holder.
The Trustee/AMC reserve the right to change / modify the Load structure from a prospective date.
The recurring expenses of the Scheme (including the Investment Management and Advisory Fees) shall be as per the limits prescribed under the SEBI (MF) Regulations. These are as follows:
On the first Rs 100 crores of the average weekly net assets - 2.50%On the next Rs 300 crores of the average weekly net assets - 2.25%On the next Rs 300 crores of the average weekly net assets - 2.00%On the balance of the assets - 1.75%
Actual expenses for the previous financial year ended March 31, 2009 - Not Applicable
Not applicable
Investors are advised to refer to the paragraph on Taxation in the “Statement of Additional Information” and to consult their own tax advisors with respect to the specific amount of tax and other implications arising out of their participation in the scheme.
The NAV will be declared on all business days and will be published in 2 newspapers. NAV can also be viewed on www.axismf.com and www.amfiindia.com [You can also telephone us at 1800 3000 3300.]
Name and Address of Registrar Name, address, telephoneKarvy Computershare number, fax number, e-mail i.d.Private Limited of the Mutual FundUnit - Axis Mutual Fund Mr. Milind VengurlekarKarvy Plaza, H No 8-2-596, Axis Mutual FundStreet 1, Banjara Hills, 11th Floor, Nariman Bhavan, Hyderabad 34. Vinay K Shah Marg,Tel 040 2331 2454 Nariman Point, Mumbai 400 021Fax 040 2331 1968 Tel 3940 3300 Toll Free 1800 3000 3300
Account Statements: An account statement reflecting the number of Units allotted shall be dispatched to the Unit Holder by ordinary post / courier/ electronic mail within the following periods:
(iii) Within 30 days from the date of closure of NFO / acceptance of valid application.
(iv) In case of SIP - within 10 working days from the end of quarter (March, June, September and December). However, the first account statement under SIP shall be issued within 10 working days of the initial investment and in case of specific request, the account statement shall be despatched within 5 working days from the receipt of such request without any charges.
Annual Account Statement
The Mutual Fund shall provide the Account Statement to the Unit holders who have not transacted during the last six months prior to the date of generation of account statements. The account statements in such cases may be generated and issued along with the Portfolio Statement or Annual Report of the Scheme.
Annual Report
Scheme-wise Annual Report or an abridged summary thereof shall be mailed to all Unit Holders within four months from the date of closure of the relevant accounting year i.e. 31st March each year.
Half yearly disclosures
The Mutual Fund shall publish a complete statement of the Scheme portfolio and the unaudited financial results, within one month from the close of each half year (i.e. 31st March and 30th September), by way of an advertisement at least, in one National English daily and one regional newspaper in the language of the region where the head office of the Mutual Fund is located.
The Mutual Fund may opt to send the portfolio to all Unit holders in lieu of the advertisement.
The Annual Report, portfolio statement and the unaudited financial results will also be displayed on the website of the Mutual Fund (www.axismf.com) and Association of Mutual Funds in India (www.amfiindia.com).
Expenses of the Scheme (i) Load Structure (also applicable toSIP and Switches)
(ii) Recurring expenses
Waiver of Load for Direct Applications
Tax Treatment for Investors (Unitholders)
Daily Net Asset Value (NAV) Publication
For Investor Grievances please contact
Unitholders’ Information
3
KEY INFORMATION MEMORANDUM & COMMON APPLICATION FORM
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.
Type of Instrument Normal Allocation(% of net assets)
Money Market & Debt instruments with Minimum 70%maturity/ average maturity/ residual Maximum 100%maturity/ interest rate resets less than or equal to 1 year
Debt instruments* with maturity/average Minimum 0%maturity/residual maturity/interest rate resets Maximum 30%greater than 1 year
*Includes securitized debt(excluding foreign securitized debt) up to 30% of the net assets of the Scheme. The Scheme shall not invest in foreign securitized debt.
Investment in Derivatives - up to 50% of the net assets of the Scheme.
The Scheme can invest up to 50% of net assets in Foreign Securities.
The risk-return profile of this fund positions it in between a liquid fund and short duration income fund. The portfolio strategy seeks to increase yield by having a marginally higher maturity and moderately higher credit risk as compared to a liquid fund; whilst maintaining balance between safety and liquidity.
Mutual Fund Units involve investment risks including the possible loss of principal. Please read the SID carefully for details on risk factors before investment. Scheme specific Risk Factors are summarized below:
The scheme carries risks associated with investing in debt and money market securities, derivatives, Foreign Securities, securitized debt, short selling and securities lending.
Investment in mutual fund units involves investment risks such as trading volumes, settlement risk, liquidity risk and default risk. Trading volume may restrict liquidity. The AMC may choose to invest in unlisted securities which may increase the risk on the portfolio. Also, the value of the Scheme investments may be affected by currency exchange rates, changes in law/policies of the government, taxation laws and political, economic or other developments.
Investments in debt and money market instruments are subject to interest rate risk, re-investment risk, basis risk, credit risk, spread risk, prepayment risk, etc. Please refer to the SID for further details.
Interest rate risk is managed by meticulous determination of average maturity (which is the expression for change in portfolio value for a basis point change in interest rate) of the portfolio. Extensive analysis of macro economic conditions is done to form a view on future interest rates and to position the portfolio accordingly. Credit risk is managed by in-depth analysis of issuer (financial/operating performance) with the help of internal and external research. Liquidity risk is addressed by maintaining exposure to cash/cash equivalents and highly liquid instruments.
Plans: Nil
Options: The Scheme would offer Growth and Dividend Option.
Sub Options: The Dividend Option would provide the following sub options:
Daily (Re-investment)Weekly (Payout and Reinvestment)Monthly (Payout and reinvestment)
If Dividend payable under Dividend Payout option (Weekly Option) is equal to or less than Rs 25,000 then the Dividend would be compulsorily reinvested in the option of the Scheme.
Default Option: Growth Option
Default between Payout & Reinvestment Option: Reinvestment Option
Default Dividend frequency - Daily
Axis Liquid Fund(An Open-ended Liquid Scheme)
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.
Type of Instrument Normal Allocation(% of net assets)
Money market instruments (including cash, Minimum 50%repo, CPs, CDs, Treasury Bills and Maximum 100%Government securities) with maturity / residual maturity up to 91 days
Debt instruments (including floating rate debt Minimum 0%instruments and securitized debt)* with Maximum 50%maturity/residual maturity / weighted average maturity up to 91 days
*securitized debt cumulative allocation not to exceed 30% of the net assets of the Scheme (excluding foreign securitized debt).
Investment in Derivatives - up to 50% of the net assets of the Scheme.
The Scheme can invest up to 50% of net assets in Foreign Securities.
Pursuant to SEBI circular No. SEBI/IMD/CIR No. 13/150975/09 dated January 19, 2009, the Scheme shall make investment in / purchase debt and money market securities with maturity of up to 91 days only.
Explanation:
a. In case of securities where the principal is to be repaid in a single payout, the maturity of the securities shall mean residual maturity. In case the principal is to be repaid in more than one payout then the maturity of the securities shall be calculated on the basis of weighted average maturity of the security.
b. In case of securities with put and call options (daily or otherwise) the residual maturity of the securities shall not be greater than 91 days.
c. In case the maturity of the security falls on a Non Business Day, then settlement of securities will take place on the next Business Day.
Under normal circumstances, the fund shall seek to generate reasonable returns commensurate with low risk by positioning itself at the lowest level of the risk-return matrix.
The Scheme will invest predominantly in money market securities with some tactical allocation towards other debt securities to enhance returns from the portfolio.
Mutual Fund Units involve investment risks including the possible loss of principal. Please read the SID carefully for details on risk factors before investment. Scheme specific Risk Factors are summarized below:
The scheme carries risks associated with investing in debt and money market securities, derivatives, Foreign Securities, securitized debt, short selling and securities lending.
Investment in mutual fund units involves investment risks such as trading volumes, settlement risk, liquidity risk and default risk. Trading volume may restrict liquidity. The AMC may choose to invest in unlisted securities which may increase the risk on the portfolio. Also, the value of the Scheme investments may be affected by currency exchange rates, changes in law/policies of the government, taxation laws and political, economic or other developments.
Investments in debt and money market instruments are subject to interest rate risk, re-investment risk, basis risk, credit risk, spread risk, prepayment risk, etc. Please refer to the SID for further details.
Interest rate risk is managed by meticulous determination of average maturity (which is the expression for change in portfolio value for a basis point change in interest rate) of the portfolio. Extensive analysis of macro economic conditions is done to form a view on future interest rates and to position the portfolio accordingly. Credit risk is managed by in-depth analysis of issuer (financial/operating performance) with the help of internal and external research. Liquidity risk is addressed by maintaining exposure to cash/cash equivalents and highly liquid instruments.
Plans: Nil
Options: The Scheme would offer Growth and Dividend Option.
Sub Options: The Dividend Option would provide the following sub options:
Daily (Re-investment)Weekly (Payout and Reinvestment)Monthly (Payout and reinvestment)
If Dividend payable under Dividend Payout option (Weekly Option) is equal to or less than Rs 25,000 then the Dividend would be compulsorily reinvested in the option of the Scheme.
Default Option: Growth Option
Default between Payout & Reinvestment Option: Reinvestment Option
Default Dividend frequency - Daily
Name of scheme
Investment Objective
Asset Allocation Pattern
Investment Strategy
Risk Profile of the Scheme
Risk Management Strategies
Plans and Options
4
KEY INFORMATION MEMORANDUM & COMMON APPLICATION FORM
Subscriptions / Purchases including Switch - ins:
The following cut-off timings shall be observed by the Mutual Fund in respect of purchase of units of the Scheme, and the following NAVs shall be applied for such purchase:
1. where the application is received upto 3.00 pm with a local cheque or demand draft payable at par at the place where it is received - closing NAV of the day of receipt of application;
2. where the application is received after 3.00 pm with a local cheque or demand draft payable at par at the place where it is received - closing NAV of the next Business Day; and
3. where the application is received with an outstation cheque or demand draft which is not payable on par at the place where it is received - closing NAV of day on which the cheque or demand draft is credited.
4. In respect of purchase of units with amount equal to or more than Rs 1 crore, irrespective of the time of receipt of application, the closing NAV of the day on which the funds are available for utilization shall be applicable.
Redemptions including Switch - outs:
The following cut-off timings shall be observed by the Mutual Fund in respect of Repurchase of units:
1. where the application received upto 3.00 pm - closing NAV of the day of receipt of application; and
2. an application received after 3.00 pm - closing NAV of the next Business Day.
Purchase Additional Purchase Repurchase
Rs 5,000 and in Rs 1,000 and in Minimum Redemption/ Switch -multiples of multiples of out Rs 1,000 or 1 Unit in respect Re 1 thereafter Re 1 thereafter of each Option
For details of investment through Systematic Investment Purchase (SIP) and Systematic Transfer Plan (STP) please refer to the relevant SID.
Within 10 working days from the receipt of the redemption request at the Authorized Centre of Axis Mutual Fund.
CRISIL Liquid Fund Index
The Trustee will endeavour to declare the Dividend as per the specified frequencies, subject to availability of distributable surplus calculated in accordance with the Regulations. The actual declaration of Dividend and frequency will inter-alia, depend on availability of distributable surplus calculated in accordance with SEBI (MF) Regulations and the decisions of the Trustee shall be final in this regard. There is no assurance or guarantee to the Unit holders as to the rate of Dividend nor that will the Dividend be paid regularly.
Mr Ninad Deshpande and Mr Sriraj Bhattacharjee
Axis Mutual Fund Trustee Limited
Axis Treasury Crisil LiquidAdvantage Fund Fund Index
Returns Since Inception 1.03% 0.61%thDate of Allotment - 9 October, 2009
Past performance may or may not be sustained in the future. Returns are absolute for periods less than 1 year. Since inception returns are calculated on Rs 1,000 invested at inception. Calculations are based on Growth NAVs.
Entry load : NA
Exit load : Nil
No Load (if any) will be charged on the Units allotted on reinvestment of Dividends.
The above mentioned load structure shall be equally applicable to the special products such as SIP, STP, switches, etc. offered under the Scheme.
SEBI vide its circular no. SEBI/IMD/CIR No. 4/ 168230/09 dated June 30, 2009 has decided that there shall be no entry Load for all Mutual Fund Schemes. The upfront commission on investment made by the investor, if any, shall be paid to the ARN Holder (AMFI registered Distributor) directly by the investor, based on the investor's assessment of various factors including service rendered by the ARN Holder.
The Trustee/AMC reserve the right to change / modify the Load structure from a prospective date.
The recurring expenses of the Scheme(including the Investment Management and Advisory Fees) shall be as per the limits prescribed under the SEBI (MF) Regulations. These are as follows:
On the first Rs 100 crores of the average weekly net assets - 2.25%On the next Rs 300 crores of the average weekly net assets - 2.00%On the next Rs 300 crores of the average weekly net assets - 1.75%On the balance of the assets - 1.50%
Actual expenses for the previous financial year ended March 31, 2009 - Not Applicable
Subscriptions / Purchases including Switch - ins:
a. In respect of valid applications received upto 12.00 noon on a day and funds are available for utilization on the same day - the closing NAV of the day immediately preceding the day of receipt of application;
b. In respect of valid applications received after 12.00 noon on a day and funds are available for utilization on the same day - the closing NAV of the day immediately preceding the next Business Day and
c. Irrespective of the time of receipt of application, where the funds are not available for utilization on the day of the application - the closing NAV of the day immediately preceding the day on which the funds are available for utilization.
Redemptions including Switch - outs:
a. In respect of valid applications received upto 3.00 p.m. - the closing NAV of the day immediately preceding the next Business Day ; and
b. In respect of valid applications received after 3 p.m. by the Mutual Fund, the closing NAV of the next Business Day shall be applicable.
Purchase Additional Purchase Repurchase
Rs 5,000 and in Rs 1,000 and in Minimum Redemption/ Switch -multiples of multiples of out Rs 1,000 or 1 Unit in respect Re 1 thereafter Re 1 thereafter of each Option
For details of transfer/investment through Systematic Transfer Plan (STP) facility please refer to the relevant SID.
Within 10 working days from the receipt of the redemption request at the Authorized Centre of Axis Mutual Fund.
CRISIL Liquid Fund Index
The Trustee will endeavour to declare the Dividend as per the specified frequencies, subject to availability of distributable surplus calculated in accordance with the Regulations. The actual declaration of Dividend and frequency will inter-alia, depend on availability of distributable surplus calculated in accordance with SEBI (MF) Regulations and the decisions of the Trustee shall be final in this regard. There is no assurance or guarantee to the Unit holders as to the rate of Dividend nor that the Dividend will be paid regularly.
Mr Ninad Deshpande and Mr Sriraj Bhattacharjee
Axis Mutual Fund Trustee Limited
Axis Liquid Fund Crisil LiquidFund Index
Returns Since Inception 0.86% 0.61%thDate of Allotment - 9 October, 2009
Past performance may or may not be sustained in the future. Returns are absolute for periods less than 1 year. Since inception returns are calculated on Rs 1,000 invested at inception. Calculations are based on Growth NAVs.
Entry load : NA
Exit load : Nil
No Load (if any) will be charged on the Units allotted on reinvestment of Dividends.
The above mentioned load structure shall be equally applicable to the special products such as STP, switches, etc. offered under the Scheme.
SEBI vide its circular no. SEBI/IMD/CIR No. 4/ 168230/09 dated June 30, 2009 has decided that there shall be no entry Load for all Mutual Fund Schemes. The upfront commission on investment made by the investor, if any, shall be paid to the ARN Holder (AMFI registered Distributor) directly by the investor, based on the investor's assessment of various factors including service rendered by the ARN Holder.
The Trustee/AMC reserve the right to change / modify the Load structure from a prospective date.
The recurring expenses of the Scheme (including the Investment Management and Advisory Fees) shall be as per the limits prescribed under the SEBI (MF) Regulations. These are as follows:
On the first Rs 100 crores of the average weekly net assets - 2.25%On the next Rs 300 crores of the average weekly net assets - 2.00%On the next Rs 300 crores of the average weekly net assets - 1.75%On the balance of the assets - 1.50%
Actual expenses for the previous financial year ended March 31, 2009 - Not Applicable
Applicable NAV
Minimum Application and RedemptionAmount / Number of Units
Despatch of Repurchase(Redemption) Request
Benchmark Index
Dividend Policy
Name of the Fund Manager
Name of the Trustee Company
Performance of the scheme (31st December, 2009)
Expenses of the Scheme (i) Load Structure (also applicable toSIP and Switches)
(ii) Recurring expenses
5
KEY INFORMATION MEMORANDUM & COMMON APPLICATION FORM
Not applicable
Investors are advised to refer to the paragraph on Taxation in the “Statement of Additional Information” and to consult their own tax advisors with respect to the specific amount of tax and other implications arising out of their participation in the scheme.
The NAV will be declared on all business days and will be published in 2 newspapers. NAV can also be viewed on www.axismf.com and www.amfiindia.com [You can also telephone us at 1800 3000 3300.]
Name and Address of Registrar Name, address, telephoneKarvy Computershare number, fax number, e-mail i.d.Private Limited of the Mutual FundUnit - Axis Mutual Fund Mr. Milind VengurlekarKarvy Plaza, H No 8-2-596, Axis Mutual FundStreet 1, Banjara Hills, 11th Floor, Nariman Bhavan, Hyderabad 34. Vinay K Shah Marg,Tel 040 2331 2454 Nariman Point, Mumbai 400 021Fax 040 2331 1968 Tel 3940 3300 Toll Free 1800 3000 3300
Account Statements: An account statement reflecting the number of Units allotted shall be dispatched to the Unit Holder by ordinary post / courier/ electronic mail within the following periods:
(i) Within 30 days from the date of closure of NFO/acceptance of valid application.
(iv) In case of SIP/STP - within 10 working days from the end of quarter (March, June, September and December). However, the first account statement under SIP/STP shall be issued within 10 working days of the initial investment and in case of specific request, the account statement shall be despatched within 5 working days from the receipt of such request without any charges.
Annual Account Statement
The Mutual Fund shall provide the Account Statement to the Unit holders who have not transacted during the last six months prior to the date of generation of account statements. The account statements in such cases may be generated and issued along with the Portfolio Statement or Annual Report of the Scheme.
Annual Report:
Scheme-wise Annual Report or an abridged summary thereof shall be mailed to all Unit Holders within four months from the date of closure of the relevant accounting year i.e. 31st March each year.
Half yearly disclosures
The Mutual Fund shall publish a complete statement of the Scheme portfolio and the unaudited financial results, within one month from the close of each half year (i.e. 31st March and 30th September), by way of an advertisement at least, in one National English daily and one regional newspaper in the language of the region where the head office of the Mutual Fund is located.
The Mutual Fund may opt to send the portfolio to all Unit holders in lieu of the advertisement.
The Annual Report, portfolio statement and the un audited financial results will also be displayed on the website of the Mutual Fund (www.axismf.com) and Association of Mutual Funds in India (www.amfiindia.com).
Not applicable
Investors are advised to refer to the paragraph on Taxation in the “Statement of Additional Information” and to consult their own tax advisors with respect to the specific amount of tax and other implications arising out of their participation in the scheme.
The NAV will be declared for all calendar days and will be published in 2 newspapers. NAV can also be viewed on www.axismf.com and www.amfiindia.com [You can also telephone us at 1800 3000 3300.]
Name and Address of Registrar Name, address, telephoneKarvy Computershare number, fax number, e-mail i.d.Private Limited of the Mutual FundUnit - Axis Mutual Fund Mr. Milind VengurlekarKarvy Plaza, H No 8-2-596, Axis Mutual FundStreet 1, Banjara Hills, 11th Floor, Nariman Bhavan, Hyderabad 34. Vinay K Shah Marg,Tel 040 2331 2454 Nariman Point, Mumbai 400 021Fax 040 2331 1968 Tel 3940 3300 Toll Free 1800 3000 3300
Account Statements: An account statement reflecting the number of Units allotted shall be dispatched to the Unit Holder by ordinary post / courier/ electronic mail within the following periods:
(vii) Within 30 days from the date of closure of NFO / acceptance of valid application.
(viii) In case of STP - within 10 working days from the end of quarter (March, June, September and December). However, the first account statement under STP shall be issued within 10 working days of the initial investment and in case of specific request, the account statement shall be despatched within 5 working days from the receipt of such request without any charges.
Annual Account Statement
The Mutual Fund shall provide the Account Statement to the Unit holders who have not transacted during the last six months prior to the date of generation of account statements. The account statements in such cases may be generated and issued along with the Portfolio Statement or Annual Report of the Scheme.
Annual Report:
Scheme-wise Annual Report or an abridged summary thereof shall be mailed to all Unit Holders within four months from the date of closure of the relevant accounting year i.e. 31st March each year.
Half yearly disclosures
The Mutual Fund shall publish a complete statement of the Scheme portfolio and the unaudited financial results, within one month from the close of each half year (i.e. 31st March and 30th September), by way of an advertisement at least, in one National English daily and one regional newspaper in the language of the region where the head office of the Mutual Fund is located.
The Mutual Fund may opt to send the portfolio to all Unit holders in lieu of the advertisement.
The Annual Report, portfolio statement and the un audited financial results will also be displayed on the website of the Mutual Fund (www.axismf.com) and Association of Mutual Funds in India (www.amfiindia.com).
Waiver of Load for Direct Applications
Tax Treatment for Investors (Unitholders)
Daily Net Asset Value (NAV) Publication
For Investor Grievances please contact
Unitholders’ Information
6
KEY INFORMATION MEMORANDUM & COMMON APPLICATION FORM
Existing Investors - Please fill in Sections 1, 9, 10,11 and 13 only1 EXISTING FOLIO NUMBER
Refer instruction related to PAN & KYC
Date of Birth D D M M Y Y
UNIT HOLDER INFORMATION
Name of the First Applicant / Corporate Investor
Mr/ Ms/ M/s/ Dr/ Minor PAN (mandatory) Enclosed - PAN Proof KYC Letter
Name of the Second Applicant
Mr/ Ms/ M/s/ Dr PAN (mandatory) Enclosed - PAN Proof KYC Letter
Name of the Third Applicant
Mr/ Ms/ M/s/ Dr PAN (mandatory) Enclosed - PAN Proof KYC Letter
Name of the Guardian (in case of a minor)
Mr/ Ms/ M/s/ Dr PAN (mandatory) Enclosed - PAN Proof KYC Letter
Name of the Power of Attorney Holder
Mr/ Ms/ M/s PAN (mandatory) Enclosed - PAN Proof KYC Letter
2
MODE OF OPERATION Single Joint Anyone or Survivor (Default option is Joint)4
OCCUPATION (of First/ Sole Applicant) Service Housewife Defence Professional Retired Business Agriculture Other (specify) 5
OVERSEAS ADDRESS (Mandatory in case of NRIs/ FIIs) (PO Box address is not sufficient. Investors residing overseas & with PO Box address must provide their Indian address)
Address
City State Pincode
Mobile Landline No
Email
6B
CONTACT & ADDRESS OF POWER OF ATTORNEY HOLDER (PO Box address is not sufficient)
Address
City State Pincode
Mobile Landline No
Email
7
CONTACT DETAILS - FIRST APPLICANT/ GUARDIAN/ CORPORATE (PO Box address is not sufficient. Mobile number and email id is mandatory to avail of online facility.)
Contact Person (In case of Non Individual Investor)
Address
City
State Pincode Landline No
Mobile (Holder 1)* Email (Holder 1)*
Mobile (Holder 2)* Email (Holder 2)*
Mobile (Holder 3)* Email (Holder 3)*
* Mandatory to transact using online transaction mode on our website www.axismf.com
6A
Refer instruction related to PAN & KYC
Refer instruction related to PAN & KYC
Refer instruction related to PAN & KYC
Refer instruction related to PAN & KYC
STATUS OF FIRST APPLICANT Resident Individual Bank HUF Proprietor Minor Society FII Partnership Firm NRI PIO Trust Company Other (specify)
3
Signature of Account Holder(s) as per bank records /
Authorised Signatory(ies)
Date D D M M Y Y
*To be processed in CMS software under client code “AXISMF”
AXIS MUTUAL FUND - DEBIT MANDATE
10A DEBIT MANDATE
TO BE DETACHED BY THE REGISTRAR (KARVY COMPUTERSHARE PVT. LTD.) AND PRESENTED TO AXIS BANK CMS BRANCH
*
(For Axis Bank account holders only)
To CMS DEPARTMENT - Axis Bank
I/ We
authorise you to debit my/ our account no to pay for the
purchase of Axis Treasury Advantage Fund / Axis Liquid Fund / Axis Equity Fund / Axis Tax Saver Fund (Strike off those not applicable)
Please debit an amount of Rs (in figures) Rs (in words)
Name of the account holder(s)
Date D D M M Y Y Application No
Application No
Fo
rm 1
Upfront commission shall be paid directly by the investor to the AMFI registered distributor based on the investors’ assessment of various factors including the service rendered by the distributor.
Application No
Stamp & Signature
AXIS MUTUAL FUND - ACKNOWLEDGMENT SLIP (To be filled in by the investor)
Received from Mr/ Ms/ M/s/ Dr
an application for purchase of units in
for Rs (in figures) on Date vide Instrument noD D M M Y Y
COMMON APPLICATION FORM
Axis Treasury Advantage Fund Axis Liquid Fund Axis Equity Fund Axis Tax Saver Fund
Distributor Code / ARN No Sub-distributor Code / ARN No / Sol ID Serial Number, Date and Time Stamp
Option#Not available for Daily Dividend Frequency Applicable for Axis Treasury Advantage Fund & Axis Liquid Fund
Dividend Re-investment OptionGrowth#Dividend Payout Daily Monthly WeeklyDividend Frequency
ARN-25682
Document Sr Documents Individuals Companies Trusts Societies Partnership FIIs NRIs Investments submitted. No Firms through Kindly (ü) POA
1 Resolution/ Authorisation to invest üüü üü
2 List of Authorised Signatories with Specimen Signature(s) üüüüü ü
3 Memorandum & Articles of Association ü
4 Trust Deed ü
5 Bye-Laws ü
6 Partnership Deed ü
7 Notarised Power of Attorney ü
8 Account Debit Certificate in case payment is made by DD from NRE/ FCNR A/c where applicable üü
9 PAN Proof (not required for existing investors) üüüüüüüü
10 KYC acknowledgment letter (required if not already submitted, for investments of Rs 50,000 or more) üüüüüüüü
11 Copy of cancelled Cheque üüüüüüüü
All documents in 1 to 6 above should be originals or true copies certified by the Director/ Trustee/ Company Secretary/ Authorised Signatory/ Notary Public/ Partner as applicable. Originals will be handed over after verification.
MODE OF CORRESPONDENCE (Where the investor has provided his e-mail id, the AMC shall send all communication to the investor via e-mail. Investors who wish to receive correspondence
through physical mode instead of e-mail are requested to ) Email communication will help save paper & the planet. I/ We wish to receive all communication through physical mode in lieu of email.ü
8
BANK ACCOUNT DETAILS OF FIRST/ SOLE APPLICANT (Refer “Bank Details” under Instructions. Please enclose a copy of a cancelled cheque)
Name of Bank Branch
City State Account No
Account Type Current Savings NRO NRE FCNR Others
MICR code* IFSC code**
*Mandatory for dividend payout via ECS (The 9 digit code appears on your cheque next to the cheque number) **Mandatory for credit via RTGS/ NEFT (11 digit code also found on your cheque leaf.)
(specify)
9
I/We do hereby nominate the under mentioned person to receive the units to my/ our credit in this folio no. in the event of my/ our death. I/ We also understand that all payments and settlements made to such Nominee, and signature of the Nominee acknowledgment receipt thereof shall be a valid discharge by the AMC/ Mutual Fund/ Trustee.
Nominee's Name
Relationship
Address
In case Nominee is a Minor
Name of Guardian
Address of Guardian
Date of Birth Signature of Guardian
In case of more than one nominee, kindly submit multiple nomination (maximum 3 nominees) forms.Extra nomination forms can be obtained from the nearest ISC or Registrar or from the AMC website.
D D M Y YM Y Y
Axis Asset Management Company LimitedInvestment Manager to Axis Mutual Fund
11th Floor, Nariman Bhavan, Vinay K Shah Marg, Nariman Point, Mumbai 400 021, India.
Documents as listed below are to be submitted along with the Application Form (as applicable to your specific case)
Having read and understood the content of the SID/ SAI of the scheme, I/ we hereby apply for units of the scheme. I have read and understood the terms, conditions, rules and regulations governing the scheme. I/ We hereby declare that the amount invested in the scheme is through legitimate source only and does not involve designed for the purpose of the contravention of any Act, Rules, Regulations, Notifications or Directives of the provisions of the Income Tax Act, Anti Money Laundering Laws, Anti Corruption Laws or any other applicable laws enacted by the Government of India from time to time. I/ We have understood the details of the Scheme & I/ we have not received nor have been induced by any rebate or gifts, directly or indirectly in making this investment. I/ We confirm that the funds invested in the Scheme, legally belongs to me/ us. In event “Know Your Customer” process is not completed by me/ us to the satisfaction of the Mutual Fund, (I/ we hereby authorize the Mutual Fund, to redeem the funds invested in the Scheme, in favour of the applicant, at the applicable NAV prevailing on the date of such redemption and undertake such other action with such funds that may be required by the law.) The ARN holder has disclosed to me/ us all the commissions (in the form of trail commission or any other mode), payable to him for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/ us. For NRIs only - I/ We confirm that I am/ we are Non Residents of Indian nationality/ origin and that I/ We have remitted funds from abroad through approved banking channels or from funds in my/ our Non Resident External/ Non Resident Ordinary/ FCNR account. I/ We confirm that details provided by me/ us are true and correct.
Third Applicant Power of Attorney Holder
First/ Sole Applicant/ Guardian Second Applicant
Axis Treasury Advantage Fund Axis Liquid Fund Axis Equity Fund Axis Tax Saver FundOption
#Not available for Daily Dividend Frequency Applicable for Axis Treasury Advantage Fund & Axis Liquid Fund
Dividend Re-investment OptionGrowth#Dividend Payout Daily Monthly WeeklyDividend Frequency
Cheque RTGS NEFT Debit Mandate (For Axis Bank A/c holders only. Also fill the section 10A)
Cheque/DD UTR (for RTGS/ NEFT) No Cheque/DD Date
Drawn on (Bank/ Branch Name)
Cheque Issuer Name In case cheque is issued by person other than the investor
D D M M Y Y
PAYMENT OPTIONS (Please üeither Cheque payment or RTGS/ NEFT)10
Total amount Rs (In figures)
Rs (In words)
DD Charges Rs (In figures)
inclusive of DD charges if any
inclusive of DD charges if any
if any
Fo
rm 1
GENERAL INSTRUCTIONS1. The Application Form should be completed in ENGLISH and in BLOCK LETTERS only. 2. All Cheques /DDs must be drawn in favour of scheme name and crossed “Account Payee only”.3. The default option shall be as specified in SID/KIM of respective schemes. 4. For any correction/ changes (if any) made on the application form, applicants are requested to authenticate
the same by canceling, entering the correct details and counter-signing the corrections by sole/ all applicants.
5. Application forms along with Cheques/DDs can be submitted toISC’s / OPA of Karvy Computershare and offices of Axis AMC as listed in form.
6. Investors must write the Application Form number/ Folio number on the reverse of the cheques/ draft accompanying the Application Form.
7. Investors are requested to check the contents of the account statement and any discrepancy has to be reported to the AMC/ Registrar within 7 calendar days on the receipt of the statement, else the particulars would be presumed to be correct.
8. Any application may be accepted or rejected at the sole and absolute discretion of the AMC/ Trustee, without assigning any reason whatsoever.
9. Incomplete forms are liable to be rejected.10. Please note that a non-transferable account statement will be issued for each investment.11. Units allotted are subject to realisation of cheques.12. All Unitholders who have invested/ may invest through channel distributors and intend to make their future
investments through the Direct route, are advised to complete the procedural formalities prescribed by AMC from time to time.
DECLARATION AND SIGNATURES1. The signature can be in English or in any other Indian language. 2. Thumb impressions must be attested by a Magistrate/ Notary Public under his/ her official seal.3. In case of HUF, the Karta wiII sign on behalf of the HUF.4. Applications by minors should be signed by their guardian.5. For Corporates, Signature of Authorised Signatory from Authorised Signatory List (ASL) is required. PAYMENTS1. At present debit facility through debit mandate is available with Axis Bank.2. The AMC intends using electronic payment services (like NEFT, RTGS, ECS (Credits) and such like) to the
extent possible for dividend/ redemption proceeds towards ensuring faster realization of proceeds for the investor. To facilitate verification of your bank account details for the purpose, please furnish the following details in the form:(a) Clearing Circle (City Name) in which your Bank branch participates.(b) MICR Code of your bank/ branch (9 digit number appearing next to the cheque number on the cheque
leaf)(c) IFSC Code of your bank/ branch (11 character alphanumeric code, imprinted on your cheque leaf). If
your cheque leaf does not carry this, please check for the same with your local Bank branch.In case the Unit holders require these to be sent by cheque/ draft using postal/ courier service, the unit holders shall provide appropriate instructions for the same to the AMC/ Registrar.
3. You are also requested to enclose a cancelled cheque leaf (or copy thereof) in case your investment instrument is not from the same bank account as mentioned in the bank mandate details in the application form.
4. The AMC has put in place sufficient checks and balances but will not be liable for any wrong credits on account of wrong information presented by the investor himself.
5. The Fund may from time to time commence/ discontinue Direct Credit arrangements with various banks for direct credit of redemptions/ dividends. Investors would not have to submit a separate consent letter to avail of this service. The AMC would commence this operation based on the bank mandate details forwarded by the Investor.
6. Any communication/ despatch of redemption/ dividend proceeds, account statements etc. to the unit holders would be made by the Registrar/ AMC in such a manner as they may consider appropriate in line with reasonable standards of servicing.
BANK DETAILSInvestors are requested to mention the bank account details, since the same is mandatory as per the directives issued by SEBI. Applications without this information will be deemed to be incomplete and are liable for rejection. The Mutual Fund reserves the right to hold redemption proceeds in case the requisite details are not submitted. PAN AND KYC DETAILSPlease furnish PAN & KYC details for each applicant/unit holder, including for Guardian and/ or Power Of Attorney (POA) holders as explained in the paragraphs below.PANAs per SEBI Circular No. MRD/DoP/Cir- 05/2007 dated April 27, 2007, it is now mandatory that Permanent Account Number (PAN) issued by the IT Department would be the sole identification number for all participants transacting in the securities market, irrespective of the amount of transaction. Please note that furnishing of PAN with an attested copy of your PAN Card for each applicant/unit holder is mandatory for all investments. In the absence of this, your application will be rejected. The attestation of the PAN card may be done by a Notary Public or a Gazetted Officer or a Manager of a Bank or a financial advisor under it's/his seal and should carry the name and designation of the person attesting it.PAN will not be required incase of SIP where aggregate of installments in a financial year i e April to March does not exceed Rs 50,000. This exemption will be applicable only to investments by individuals, Non Resident Indian
1. The nomination can be made only by individuals holding units on their own behalf singly or jointly. Non-Individuals including Society, Trust, Body Corporate, Partnership Firm, Karta of Hindu Undivided Family, holder of Power of Attorney cannot nominate. If the units are held jointly, all joint holders will sign the nomination form.
2. A minor can be nominated and in that event, the name and address of the guardian of the minor nominee shall be provided by the Unitholder. If no guardian is provided, nomination of minor will be invalid. The guardian should be a person other than the Unitholder. Nomination can also be in favour of the Central Govt, State Govt, local authority, any person designated by virtue of his office or a religious charitable trust.
3. The Nominee shall not be a trust other than a religious or charitable trust, society, body corporate, partnership firm, Karta of Hindu Undivided Family or a Power of Attorney holder. A non-resident Indian can be a Nominee subject to the exchange controls in force, from time to time.
4. Nomination in respect of the units stands rescinded upon the transfer of units. 5. The nomination facility extended under the Scheme is subject to existing laws. The AMC shall, subject to
production of such evidence which in their opinion is sufficient, proceed to effect the payment/transfer to the Nominee(s). Transfer of Units/ payment to the nominee(s) of the sums shall discharge the Mutual Fund/ AMC of all liability towards the estate of the deceased Unit holder and his/ her/ their successors/ legal heirs.
6. The cancellation of nomination can be made only by those individuals who hold units on their own behalf singly or jointly and who made the original nomination. (Please note that if one of the joint holder dies other surviving holder cannot cancel.)
7. On cancellation of the nomination, the nomination shall stand rescinded and the Asset Management Company shall not be under any obligation to transfer the units in favour of the Nominee.
8. Nomination shall be registered only if the form is filled in completely.9. Nomination can be made for maximum of 3 nominees. In case of multiple nominees, the percentage of
allocation/ share in favour of each of the nominees should be indicated against their name and such allocation/ share should be in whole numbers without any decimals making a total of 100 percent. In the event of Unit holders not indicating the percentage of allocation/ share for each of the nominees, the Mutual Fund/ the AMC, by invoking default option shall settle the claim equally amongst all the nominees.
10. The investor(s) by signing this nomination form is/ are deemed to have read and understood the provisions of Regulation 29 A of SEBI (Mutual Funds) Regulations, 1996, read with SEBI circular dated Feb. 16, 2004 and/ or any amendments thereto or any rules/ regulations framed in pursuance thereof governing the nomination facility and agree/s to be bound by the same.For multiple nomination form please contact the nearest AMC office or Registrar. The form can be obtained from the website www.axismf.com
Please read the SID carefully before signing the application form and tendering payment.
INSTRUCTIONS FOR COMPLETING THE APPLICATION FORM
INSTRUCTIONS FOR COMPLETING THE NOMINATION SECTION
(NRI), minors, joint holders and sole proprietary firms (but not including Persons of Indian Origin (PIO), Hindu Undivided Family (HUF) and other categories). PAN requirement is also exempt for investors residing in the state of Sikkim, Central Government, State Government, and the officials appointed by the courts e.g. Official liquidator, Court receiver etc. (under the category of Government) subject to AMC confirming the above mentioned status. However, this would be subject to submission of necessary documents required by the AMC from time to time. Any one of the following PHOTO IDENTIFICATION documents can be submitted along with Micro SIP applications as proof of identification in lieu of PAN. • Voter Identity Card • Driving License • Government/ Defense identification card • Passport • Photo Ration Card • Photo Debit Card (Credit card not included because it may not be backed up by a bank account) • Employee ID cards issued by companies registered with Registrar of Companies • Photo Identification issued by Bank Managers of Scheduled Commercial Banks/ Gazetted Officer/ Elected Representatives to the Legislative Assembly/ Parliament • ID card issued to employees of Scheduled Commercial/ State/ District Co-operative Banks • Senior Citizen/ Freedom Fighter ID card issued by Government • Cards issued by Universities/ deemed Universities or institutes under statutes like ICAI, ICWA, ICSI • Permanent Retirement Account No (PRAN) card isssued to New Pension System (NPS) subscribers by CRA (NSDL) • Any other photo ID card issued by Central Government/ State Governments/ Municipal authorities/ Government organizations like ESIC/ EPFOKYC COMPLIANCE WITH ANTI MONEY LAUNDERING (AML) REGULATIONSPlease note that for investments of Rs 50,000 or more, it is mandatory for each applicant/unit holder to be KYC-compliant. Please enclose a copy of the KYC Acknowledgement Letter issued by CDSL Ventures Ltd with your application for investment. PLEASE ALSO NOTE THE FOLLOWING:• POA Holders need to be KYC-compliant.• Guardians to minor applicants need to be KYC compliant.In case you are not yet KYC-compliant, please approach a Point of Service (POS) of CDSL Ventures Limited to obtain KYC compliance and submit a copy of your KYC acknowledgement letter to us.APPLICATIONS UNDER POWER OF ATTORNEYAn applicant wanting to transact through a power of attorney must lodge the photocopy of the Power of Attorney (PoA) attested by a Notary Public or the original PoA (which will be returned after verification) within 30 days of submitting the Application Form/ Transaction Slip at a Designated ISC’s/Official Point of acceptance or along with the application in case of application submitted duly signed by POA holder. Applications are liable to be rejected if the power of attorney is not submitted within the aforesaid period.ELECTRONIC SERVICES FACILITYThe AMC intends to provide Electronic Transaction Facility including through its website and over phone. For more details, Terms & Conditions and for availability of Online Transaction refer AMC websitewww.axismf.com and for EasyCall facility please contact the nearest AMC or Registrar.SIP1. Unit Holder can enroll for the SIP by submitting duly completed SIP Application Form and one time debit
mandate form for electronic debits. Alternatively unit holder can enroll for the SIP using EasyCall facility subject to services offered by AMC from time to time. The first investment shall be through cheque only.
2. An Investor shall have the option of choosing any date of the month as his SIP date. The minimum amount per SIP installment shall be as specified in SID / KIM. The minimum number of installments under the SIP is 36. If the SIP period is not specified by the unit holder then the SIP enrolment will be deemed to be for perpetuity and processed accordingly.
3. All SIP cheques / payment instructions will be of the same amount and same date (excluding first cheque).4. There will be a gap of 30 days between first SIP Installment and the second installment in case SIP started
during ongoing offer. 5. If the Fund fails to get the proceeds from three Installments out of a continuous series of Installments submitted
at the time of initiating a SIP (Subject to a minimum under SIP i.e. 36 months), the SIP is deemed as discontinued.
6. Investors can discontinue the SIP facility at any time by sending a written request to any of the Official Point(s) of Acceptance. Notice of such discontinuance should be received at least 30 days prior to the due date of the next debit.
7. You can download the SIP application form and the SIP debit mandate form from our website www.axismf.com or contact any of the AMC offices
NRIs, FIIsRepatriation Basis• NRIs : Payment may be made either by inward remittance through normal banking channels or out of funds
held in a Non-Resident (External) Rupee Account (NRE)/ Foreign Currency (Non-Resident) Account (FCNR). In case Indian rupee drafts are purchased abroad or from Foreign Currency Accounts or Non-resident Rupee Accounts an account debit certificate from the Bank issuing the draft confirming the debit will need to be enclosed.
• FIIs shall pay their subscription either by inward remittance through normal banking channels or out of funds held in Foreign Currency Account or Non-Resident Rupee Account maintained by the FII with a designated branch of an authorised dealer.
Non-repatriation BasisIn the case of NRIs, payment may be made either by inward remittance through normal banking channels or out of funds held in a NRE/ FCNR/ Non-Resident Ordinary Rupee Account (NRO). In case Indian rupee drafts are purchased abroad or from Foreign Currency Accounts or Non-resident Rupee Accounts an account debit certificate from the Bank issuing the draft confirming the debit will need to be enclosed.
STATUS OF FIRST APPLICANT
Resident Individual Bank HUF Proprietor Guardian Society FII
Partnership Firm NRI PIO Trust Company Other (specify)
3
MODE OF OPERATION Single Joint Anyone or Survivor (Default option is Joint)4
OVERSEAS ADDRESS (Mandatory in case of NRIs/ FIIs) (PO Box address is not sufficient. Investors residing overseas & with PO Box address must provide their Indian address)
Address
City State Pincode
Mobile Landline No
Email
6B
CONTACT & ADDRESS OF POWER OF ATTORNEY HOLDER (PO Box address is not sufficient)
Address
City State Pincode
Mobile Landline No
Email
7
OCCUPATION (of First/ Sole Applicant)
Service Housewife Defence Professional Retired Business Agriculture Other (specify)
5
CONTACT DETAILS - FIRST APPLICANT/ GUARDIAN/ CORPORATE (PO Box address is not sufficient. Mobile number and email id is mandatory to avail of online facility.)
Contact Person (In case of Non Individual Investor)
Address
City
State Pincode Landline No
Mobile (Holder 1) Email (Holder 1)
Mobile (Holder 2) Email (Holder 2)
Mobile (Holder 3) Email (Holder 3)
6A
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Date D D M M Y Y
Upfront commission shall be paid directly by the investor to the AMFI registered distributor based on the investors’ assessment of various factors including the service rendered by the distributor.
SYSTEMATIC INVESTMENT PLAN (SIP) APPLICATION FORM
Existing Investors - Please fill in Sections 1, 9, 10,11 and 13 only1 EXISTING FOLIO NUMBER
Date of Birth
Refer instruction related to PAN & KYC
D D M M Y Y
UNIT HOLDER INFORMATION
Name of the First Applicant / Corporate Investor
Mr/ Ms/ M/s/ Dr/ Minor PAN (mandatory)* Enclosed - PAN Proof KYC Letter**
Name of the Second Applicant
Mr/ Ms/ M/s/ Dr PAN (mandatory)* Enclosed - PAN Proof KYC Letter**
Name of the Third Applicant
Mr/ Ms/ M/s/ Dr PAN (mandatory)* Enclosed - PAN Proof KYC Letter**
Name of the Guardian (in case of a minor)
Mr/ Ms/ M/s/ Dr PAN (mandatory)* Enclosed - PAN Proof KYC Letter**
Name of the Power of Attorney Holder
Mr/ Ms/ M/s PAN (mandatory)* Enclosed - PAN Proof KYC Letter**
2
Refer instruction related to PAN & KYC
Refer instruction related to PAN & KYC
Refer instruction related to PAN & KYC
Refer instruction related to PAN & KYC
Distributor Code / ARN No Serial Number, Date and Time Stamp
Stamp & Signature
AXIS MUTUAL FUND - ACKNOWLEDGMENT SLIP (To be filled in by the investor)
Received from Mr/ Ms/ M/s/ Dr
an application for purchase of units in
for Rs (in figures) on Date vide Instrument noD D M M Y Y
Axis Treasury Advantage Fund Axis Equity Fund Axis Tax Saver Fund
#Not available for Daily Dividend Frequency Applicable for Axis Treasury Advantage FundOption Dividend Re-investment OptionGrowth
#Dividend Payout Daily Monthly WeeklyDividend Frequency
Sub-distributor Code / ARN No / Sol ID
SIP Registration by New Investor SIP Registration by Existing Investor Micro SIP Registration by New Investor Micro SIP Registration by Existing Investor
**Applicants (including POA holders) investing Rs 50,000 and above are required to comply with the KYC norms. (Please refer to the Terms and Conditions overleaf)
*Micro SIP - PAN is not mandatory in case of Micro SIP. Please refer to the Terms and Conditions overleaf.
Date of Birth Type of supporting document Identification number detailsD D M M Y Y
Application No : S
Application No : S
ARN-25682
Document Sr Documents Individuals Companies Trusts Societies Partnership FIIs NRIs Investments submitted. No Firms through Kindly (ü) POA
1 Resolution/ Authorisation to invest üüü üü2 List of Authorised Signatories with Specimen Signature(s) üüüüü ü3 Memorandum & Articles of Association ü4 Trust Deed ü5 Bye-Laws ü6 Partnership Deed ü7 Notarised Power of Attorney ü8 Account Debit Certificate in case payment is made by DD from
NRE/ FCNR A/c where applicable üü9 PAN Proof (not required for existing investors) üüüüüüüü
10 KYC acknowledgment letter (required if not already submitted, for investments of Rs 50,000 or more) üüüüüüüü
11 Copy of cancelled Cheque üüüüüüüüAll documents in 1 to 6 above should be originals or true copies certified by the Director/ Trustee/ Company Secretary/ Authorised Signatory/ Notary Public/ Partner as applicable. Originals will be handed over after verification.
MODE OF CORRESPONDENCE (Where the investor has provided his e-mail id, the AMC shall send all communication to the investor via e-mail. Investors who wish to receive correspondence
through physical mode instead of e-mail are requested to ) Email communication will help save paper & the planet. I/ We wish to receive all communication through physical mode in lieu of email.ü
8
BANK ACCOUNT DETAILS OF FIRST/ SOLE APPLICANT (Refer “Bank Details” under Instructions. Please enclose a copy of a cancelled cheque)
Name of Bank Branch
City State Account No
Account Type Current Savings NRO NRE FCNR Others
MICR code* IFSC code**
*Mandatory for dividend payout via ECS (The 9 digit code appears on your cheque next to the cheque number) **Mandatory for credit via RTGS/ NEFT (11 digit code also found on your cheque leaf.)
(specify)
9
I/We do hereby nominate the under mentioned person to receive the units to my/ our credit in this folio no. in the event of my/ our death. I/ We also understand that all payments and settlements made to such Nominee, and signature of the Nominee acknowledgment receipt thereof shall be a valid discharge by the AMC/ Mutual Fund/ Trustee.
Nominee's Name
Relationship
Address
In case Nominee is a Minor
Name of Guardian
Address of Guardian
Date of Birth Signature of Guardian
In case of more than one nominee, kindly submit multiple nomination (maximum 3 nominees) forms.Extra nomination forms can be obtained from the nearest ISC or Registrar or from the AMC website.
D D M Y YM Y Y
Axis Asset Management Company LimitedInvestment Manager to Axis Mutual Fund
11th Floor, Nariman Bhavan, Vinay K Shah Marg, Nariman Point, Mumbai 400 021, India.
Documents as listed below are to be submitted along with the Application Form (as applicable to your specific case)
Having read and understood the content of the SID/ SAI of the scheme, I/ we hereby apply for units of the scheme. I have read and understood the terms, conditions, rules and regulations governing the scheme. I/ We hereby declare that the amount invested in the scheme is through legitimate source only and does not involve designed for the purpose of the contravention of any Act, Rules, Regulations, Notifications or Directives of the provisions of the Income Tax Act, Anti Money Laundering Laws, Anti Corruption Laws or any other applicable laws enacted by the Government of India from time to time. I/ We have understood the details of the Scheme & I/ we have not received nor have been induced by any rebate or gifts, directly or indirectly in making this investment. I/ We confirm that the funds invested in the Scheme, legally belongs to me/ us. In event “Know Your Customer” process is not completed by me/ us to the satisfaction of the Mutual Fund, (I/ we hereby authorize the Mutual Fund, to redeem the funds invested in the Scheme, in favour of the applicant, at the applicable NAV prevailing on the date of such redemption and undertake such other action with such funds that may be required by the law.) The ARN holder has disclosed to me/ us all the commissions (in the form of trail commission or any other mode), payable to him for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/ us. I/ We confirm the I/ We do not have any existing Micro SIP investments which together with the current application will result in aggregate investments exceeding Rs 50,000 in a year (Applicable for Micro SIP investments only). For NRIs only - I/ We confirm that I am/ we are Non Residents of Indian nationality/ origin and that I/ We have remitted funds from abroad through approved banking channels or from funds in my/ our Non Resident External/ Non Resident Ordinary/ FCNR account. I/ We confirm that details provided by me/ us are true and correct.
Third Applicant Power of Attorney Holder
First/ Sole Applicant/ Guardian Second Applicant
Axis Treasury Advantage Fund Axis Equity Fund Axis Tax Saver Fund
#Not available for Daily Dividend Frequency Applicable for Axis Treasury Advantage Fund
Payment Mechanism Electronics Debit (Please Complete mandate form for electronic debit form 3) Cheque/DD (Please provide details below)
First SIP Transaction via Cheque No. First Cheque date
Drawn on (Bank/ Branch Name) In case cheque is issued by person other than the investor
PAYMENT OPTIONS (The first SIP transaction has to be through a cheque. Please attach a copy of cancelled cheque.)10
Total amount Rs (In figures)
Rs (In words) DD Charges
inclusive of DD charges if any
inclusive of DD charges if any Rs (In figures) if any
SIP Start Date End Date (should be a minimum of 3 years from the start date) No of Installments
Monthly SIP amount Rs. Rs. (in figures) (in words)
Terms & Conditions - Micro SIPs where aggregate of installments in a rolling 12 month period or in a financial year i.e. April to March do not exceed Rs 50,000 (hereinafter referred as “Micro SIP”) shall be exempt from the requirement of PAN, subject to submission of any one of the necessary photo identification documents as detailed below. This exemption will be applicable only to investments by individuals (including NRIs, but not PIOs), minors, sole proprietary firms and joint holders. HUFs and other categories will not be eligible for the exemption.
Investors (including joint holders) should submit a photocopy of any one of the following photo identification documents (current and valid and either self-attested by the investor or attested by an AMFI registered Distributor mentioning the AMFI Registration number) along with the application form as a proof of identification in lieu of PAN: • Voter Identify Card •Driving License • Government/Defence identification card • Passport • Photo Ration Card • Photo Debit Card (Credit card not included) • Employee ID cards issued by companies registered with Registrar of Companies • Photo Identification issued by Bank Managers of Scheduled Commercial Banks / Gazetted Officer / Elected Representatives to the Legislative Assembly / Parliament • ID card issued to employees of Scheduled Commercial / State / District Co-operative Banks • Senior Citizen / Freedom Fighter ID card issued by Government • Cards issued by Universities / deemed Universities or institutes under statues like ICAA, ICWA, ICSI • Permanent Retirement Account No (PRAN) card issued to New Pension System (NPS) subscribers by CRA (NSDL) • Any other photo ID card issued by Central Government / Municipal authorities / Government organization like ESIC/EPFO.
Total No. of ChequesCheque No FromTo
MANDATE FORM FOR ELECTRONIC DEBITSYSTEMATIC INVESTMENT PLAN (SIP)
Authorization to pay SIP instalments through Electronic Debit Arrangement
I/We hereby, authorise Indiaideas.com, the authorised service provider for Axis Mutual Fund to debit my/our bank account by Electronic Debit for the collection of SIP instalments.
UNIT HOLDER INFORMATION
Folio No.
Name of first applicant
PAN Mobile
E-mail
Preferred messaging medium SMS - Yes No E-mail - Yes No
BANK DETAILS (Please attach a copy of the cheque of below mentioned bank account with this application form.)
Account holder's name
Name of bank
Branch Account No.
Account type Current Savings NRO NRE Others
9 digit MICR code (Please enter the 9 digit number that appears after your cheque number)
Please specifically mention the MICR code of your bank branch in case you have a payable at par cheque book.
(specify)
Bank Account Holder (2) Bank Account Holder (3)
I/ We hereby declare that the particulars given above are correct and express my willingness to pay the instalments referred above through participation in Electronic Debit arrangement. If the transaction is delayed or not effected at all for reasons of incomplete or incorrect information, I/ we would not hold the user institution responsible. I/ We will also inform Axis Mutual Fund about any changes in my bank account.
Bank Account Holder (1)
Date Place D D M M Y Y
Signature of the authorised official from the bank Bank stamp
FOR BANK USE ONLY
We, hereby, certify that the particulars furnished above are correct as per our records, and we, hereby, declare that a copy of this form, duly completed, has been submitted to us.
Branch Date D D M M Y Y
AUTHORISATION OF THE BANK ACCOUNT HOLDERThis is to inform you that I/ we have registered for the Electronic Debit facility and that my payment towards SIP installments shall be made from my/ our below mentioned bank account with your bank. I/ We authorise the representative carrying this ECS mandate form to get it verified and executed. I/ We hereby authorised the bank to debit verification charges if any from my / our account as mention above.
Account Holder's signature (As in bank records)
Account numberJoint Account Holder's signature
(As in bank records)
SIP DETAILS
Scheme name Axis Treasury Advantage Fund Axis Equity Fund Axis Tax Saver Fund (SIP facility is currently not available in Axis Liquid Fund)
SIP Start Date End Date (should be a minimum of 3 years from the start date) No of Installments
Monthly SIP amount Rs. Rs. (in figures) (in words)
Electronic Debit facility for SIP is currently available for
Please submit this form along with the SIP application form (i.e. Form 2)
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Account holders of the following banks
Axis Bank, Bank of Baroda, Bank of India, HDFC Bank, IDBI Bank, IndusInd Bank, Kotak Mahindra Bank, Punjab National Bank, Union Bank of India and State Bank of India
D D M M Y Y D D M M Y Y
Application No : S
SYSTEMATIC TRANSFER PLAN APPLICATION FORM
Having read and understood the contents of the Scheme Information Document of the Scheme(s), I/ we hereby apply for units of the Scheme(s) and agree to abide by the terms, conditions, rules and regulations governing the Scheme(s). I/ We hereby declare that the amount invested in the Scheme(s) is through legitimate sources only and does not involve and is not designed for the purpose of the contravention of any Act, Rules, Regulations, Notifications or Directions of the provisions of the Income Tax Act, Anti Money Laundering Laws, Anti Corruption Laws or any other applicable laws enacted by the Government of India from time to time. I/ We have understood the details of the Scheme(s) & I/ we have not received nor have been induced by any rebate or gifts, directly or indirectly in making this investment. I/ We confirm that the funds invested in the Scheme(s), legally belong to me / us. In the event "Know Your Customer" process is not completed by me / us to the satisfaction of the Mutual Fund, I/ we hereby authorise the Mutual Fund, to redeem the funds invested in the Scheme(s), in favour of the applicant, at the applicable NAV prevailing on the date of such redemption and undertake such other action with such funds that may be required by the Law.
The ARN holder has disclosed to me/us all the commissions (in the form of trail commission or any other mode), payable to him for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us.
For NRIs only: I /We confirm that I am / we are Non Residents of Indian nationality / origin and that I/ we have remitted funds from abroad through approved banking channels or from funds in my / our Non-Resident External / Non-Resident Ordinary / FCNR account.
I/ We confirm that details provided by me / us are true and correct.
First / Sole Applicant / Guardian Third ApplicantSecond Applicant POA Holder
Date D D M M Y Y
Distributor Code / ARN No Sub-distributor Code/ ARN No / Sol ID Serial Number, Date and Time Stamp
Upfront commission shall be paid directly by the investor to the AMFI registered distributor based on the investors’ assessment of various factors including the service rendered by the distributor.
EXISTING FOLIO NUMBER
PAN (mandatory) Enclosed PAN Proof KYC Acknowledgment letter
SYSTEMATIC TRANSFER PLAN (STP) (To be submitted at least 7 days before the 1st due date for transfer).
#From Scheme Plan
Option (ü) Growth OR Dividend Dividend Frequency
To Scheme Plan
Option (ü) Growth OR Dividend Reinvestment OR Dividend Payout Dividend Frequency
Transfer Instalment Rs No. of Instalments Transfer Frequency (Please choose either Weekly or Fortnightly or Monthly (ü)
Total Transfer Rs Weekly (Every Wednesday)
Transfer Period From To Fortnightly (Every Alternate Wednesday) (First Instalment) (Last Instalment)
st th th th th Monthly 1 7 10 15 25
Minimum Rs 1,000 Minimum 6
M M Y Y
# Please refer to the Scheme Information Documents of respective schemes for STP availability.
M M Y Y
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Application No : T
ARN-25682
This document is not an application form for subscription/redemption of units of Axis Mutual Fund. Investors are advised to read the Scheme Information Document, Statement of Additional Information and Key Information Memorandum carefully before investing through the EasyCall facility.
MANDATE FOR REGISTRATION (TO BE FILLED ONE TIME ONLY)
The EasyCall facility lets you invest in select schemes of Axis Mutual Fund by simply calling toll free on 1800 3000 3300. To register for this facility, please submit this form along with a copy of a cancelled cheque.
EasyCall is presently available to investors who either reside in select cities (see list of 78 cities overleaf) or have accounts with select banks (also listed overleaf).
Name of First Applicant
*
*Can be found on your cheque leaf next to cheque number. In case you have a payable at par cheque book please mention the MICR code of your bank branch.
IFS code can be found on your cheque leaf
Maximum Amount* Authorised for Debit
I / We have read the Terms and conditions of account opening. I / We are aware that Axis Mutual Fund and its Electronic Debit Service Provider(s) are authorised to process transactions through the Electronic Debit Arrangement. For this purpose, I / we authorize Axis Fund and its designated service provider(s) to debit my / our account with your branch. The payments should be effected to Axis Mutual Fund and / or its service providers. I also hereby agree to read the respective SID & SAI of the mutual fund before investing in any scheme of Axis Mutual Fund using this facility.
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This is to inform you that I / we have registered for making payment towards my investments in Axis Mutual Fund by debit to my / our above account directly or through ECS. I / We hereby authorize you to honour such payments for which I / we have signed and endorsed this form.
Further, I / we authorize my representative (the bearer of this request) to get the above mandate verified. Mandate verification charges, if any, may be charged to my / our account.
IMPORTANT POINTS TO NOTE
• For first time investors in Axis Mutual Fund, this form should be submitted along with either the lumpsum application form or the SIP application form.
• For existing investors, simply submit this completed mandate just once.
• Post registration, you can invest a maximum of Rs 500,000 at a time using EasyCall. Registration will take 30 days from the date of submission of form.
• This facility is currently available only to individual investors with “Single” / “Anyone or Survivor” status as the mode of holding. Please read the SID / SAI for terms and conditions.
TERMS AND CONDITIONS FOR USE OF EASYCALL FACILITY
• Axis Asset Management Company Limited (AMC) has the right to ask such information (Key Information) from the available data of the Investor/s before allowing him access to avail the EasyCall facility (the Facility). If for any reason, the AMC is not satisfied with the replies of the Investor/s, the AMC has at its sole discretion the right of refusing access without assigning any reason/s to the Investor/s.
• It is clarified that the Facility is only with a view to accommodate/facilitate the Investor/s and offered at the sole discretion of the AMC. The AMC is not bound and/or obliged in any way to give access to the Facility to Investor/s.
• The Investor/s shall check his/her account records carefully and promptly. If the Investor/s believes that there has been a mistake in any transaction using the Facility, or that an unauthorized transaction has been effected, the Investor/s shall notify the AMC immediately. If the Investor/s defaults in intimating the discrepancies in the statement within a period of fifteen days of receipt of the statements, he waives all his rights to raise the same in favour of the AMC, unless the discrepancy /error is apparent on the face of it. By opting for the facility the Investor/s hereby irrevocably authorizes and instructs the AMC to act as his/her agent and to do all such acts as AMC may find necessary to provide the Facility.
• The Investor/s shall at all times be bound by any modifications and/or variations made to these Terms and Conditions by the AMC at their sole discretion and without notice to them.
• The Investor/s agrees and confirms that the AMC has the right to ask the Investor/s for an oral or written confirmation of any transaction request using the Facility and/or any additional information regarding the Account of the Investor/s.
• The Investor/s agrees and confirms that the AMC may at its sole discretion suspend the Facility in whole or in part at any time without prior notice.
• The Investor/s shall not assign any right or interest or delegate any obligation arising herein.
• The Investor/s shall take responsibility for all the transactions conducted by using the Facility and will abide by the record of transactions generated by the AMC. Further, the Investor/s confirms that such records generated by the AMC shall be conclusive proof and binding for all purposes and may be used as evidence in any proceedings and unconditionally waives all objections in this behalf.
• The Investor/s agrees that use of the Facility will be deemed acceptance of the Terms and Conditions and the Investor/s will unequivocally be bound by these Terms and Conditions. The Investor agrees that all calls received shall be eligible for same day NAV subject to necessary formalities to be complied by the AMC in case of transaction through EasyCall Facility on or before the uniform cut off time.
• Requests like change in bank mandate, change of nomination, change in mode of holding, change of address or such other requests as the AMC may decide from time to time will not be permitted using the EasyCall facility.
INDEMNITIES IN FAVOUR OF THE AMC
The Investor/s shall not hold the AMC liable for the following:
1. For any transaction using the Facility carried out in good faith by the AMC on instructions of the Investor/s
2. For unauthorized usage/unauthorized transactions conducted by using the Facility
3. For any loss or damage incurred or suffered by the Investor/s due to any error, defect, failure or interruption in the provision of the Facility arising from or caused by any reason whatsoever
4. For any negligence/mistake or misconduct by the Investor/s
5. For any breach or non-compliance by the Investor/s of the rules/terms and conditions stated in this Scheme Information Document
6. For accepting instructions given by any one of the Investor/s in case of joint account/s having mode of operations as "Either or Survivor" or "anyone or survivor"
7. For not verifying the identity of the person giving the telephone instructions in the Investor/s name
8. For not carrying out any such instructions where the AMC has reason to believe (which decision of the AMC the Investor/s shall not question or dispute) that the instructions given are not genuine or are otherwise improper, unclear, vague or cause for doubt
9. For carrying out a transaction after such reasonable verification as the AMC may deem fit regarding the identity of the Investor/s
10. In case of error in NAV communication
11. For accepting instructions given by any one of the Investor/s or his/her authorized person
SIP registration using EasyCall shall be accepted for the period mentioned on the time mandate. In case the SIP end date is beyond the end date of the EasyCall mandate, then the end date of the mandate shall be considered.
List of banks where EasyCall facility is available
Axis Bank, Bank of Baroda, Bank of India, HDFC Bank, IDBI Bank, IndusInd Bank, Kotak Mahindra Bank, Punjab National Bank, Union Bank of India and State Bank of India
List of cities where EasyCall facility is available