INDEX [] Factsheet April... · Axis Constant Maturity 10 Year Fund 18 SIP Performance Of Selected Schemes 25. 4. ... HDFC Bank Limited 9.74 ... CONSTRUCTION PROJECT 3.15

I N D E X

How To Read A Factsheet

Equity Funds

Debt Funds

Hybrid Funds

NAV’s

Load Structure And Minimum Investment Amount

Annexures

Expense Ratios

Product Labeling

4

Equity Outlook 5Axis Equity Fund 6Axis Focused 25 Fund 7Axis Midcap Fund 8Axis Long Term Equity Fund 9Axis Enhanced Arbitrage Fund 10

Fixed Income Outlook 11Axis Liquid Fund 12

Axis Dynamic Bond Fund 15Axis Regular Savings Fund 16Axis Fixed Income Opportunities Fund 17

Axis Banking And PSU Debt Fund 19

Hybrid Outlook 20Axis Equity Saver Fund 21Axis Income Saver 22Axis Children Gift Fund 23Axis Triple Advantage Fund 24

26

27

28

30

31

Axis Treasury Advantage Fund 13Axis Short Term Fund 14

Axis Constant Maturity 10 Year Fund 18

25SIP Performance Of Selected Schemes

44

EQUITYM A Y 2 0 1 7

18.5% 1.4%12.1%

QUICK TAKE

KEY HIGHLIGHTS

Equity market valuations are broadly reasonable.

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

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

DOMESTIC

CORPORATE

Indian equity markets were up 1.5 percent during the month of April. Midcap returns were also positive during the month as indicated by the BSE Midcap Index which delivered 5.4 percent. Market sentiment was helped by record buying by foreign investors in March and continued flows into April. April flows by Foreign Portfolio investors in equity and debt markets were at US$ 0.4 and 3.1 billion respectively. Simultaneously, flows into domestic funds have remained strong over the last several months.Headline consumer price index (CPI) stayed flattish at 3.7% over previous month. Food inflation was at a 4-month high of 2.5%. Manufacturing sentiment for the month of April remained flat vis-a-vis March. Both manufacturing and services have rebounded from the demonetisation hit.High frequency data showed mixed results, with growth indicators still not broad-based. Personal vehicle sales rose during March to 10% (Y-o-Y). The most positive data from March was a surge in trade. Exports in absolute dollar terms showed robust growth (M-o-M). Domestic consumption (ex oil, ex gold) linked imports picked up substantially over the pace of the last three months. Surge in imports of machinery, industrial chemicals and electronic goods indicate demand recovery.Overall, the rural economy has not recovered completely as yet, from demonetisation as cash in circulation is still below the demonetisation level. In this context, the normal monsoon forecast for 2017 season and normal water storage levels as opposed to a deficiency last year, bode well for the coming months from a base year perspective.As per tax officials, the transition of tax payers to GST is progressing well with 71% of the indirect tax payer base (state and central combined) having already registered on the GST Network. The target date for GST implementation is 1 July – the actual date is likely to be announced shortly.Big policy reforms are long-term positive, but impact short-term earnings. While 2HFY17 has seen the adverse impact of demonetization on earnings of select consumer-oriented sectors, FY18 could have some disruption from GST implementation. Having said that, results were off to a decent start with the earnings season for the fourth quarter kicking in.

GLOBAL

5

Please refer to page no 26, 29-30, 31 for NAV, TER, Riskometer & Statutory Details.

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

Inve

stm

ent S

tyle

Value

Blend

Growth

Large Mid SmallMarket Cap

FUND STYLE

PORTFOLIO

% OF ASSETS

BANKS 26.33HDFC Bank Limited 9.74Kotak Mahindra Bank Limited 6.49IndusInd Bank Limited 4.13State Bank of India 3.52ICICI Bank Limited 2.44CONSUMER NON DURABLES 13.30ITC Limited 5.00Asian Paints Limited 4.75Britannia Industries Limited 3.55FINANCE 12.10HDFC Limited 5.37Bajaj Finserv Limited 4.61Cholamandalam Investment and Finance Company Limited 2.12

AUTO 7.40Maruti Suzuki India Limited 5.70Tata Motors Limited 1.70GAS 5.90Indraprastha Gas Limited 2.28GAIL (India) Limited 1.84Gujarat State Petronet Limited 1.77AUTO ANCILLARIES 5.89Motherson Sumi Systems Limited 2.76Endurance Technologies Limited 2.10Bosch Limited 1.03CEMENT 3.39UltraTech Cement Limited 1.95Shree Cements Limited 1.44CONSTRUCTION PROJECT 3.15Larsen & Toubro Limited 3.15PETROLEUM PRODUCTS 2.61Indian Oil Corporation Limited 1.37Bharat Petroleum Corporation Limited 1.23OTHERS 15.17Media & Entertainment 2.54Zee Entertainment Enterprises Limited 2.54Industrial Capital Goods 2.28Bharat Electronics Limited 2.28Retailing 2.11Avenue Supermarts Limited 2.11Pharmaceuticals 2.10Lupin Limited 1.10Cadila Healthcare Limited 1.01Industrial Products 2.06Bharat Forge Limited 1.06Cummins India Limited 1.00Software 1.56Infosys Limited 1.56Power 1.50Torrent Power Limited 1.50Telecom - Services 1.02Bharti Airtel Limited 1.02Total Equity 95.24Cash & Other Receivables 4.76Net Assets 100%

Banks 26.33

Consumer Non Durables

13.30

Finance 12.10 Auto 7.40 Gas 5.90

Auto Ancillaries 5.89 Cement 3.39

Construction Project

3.15

Petroleum Products

2.61

Others 15.17

DATE OF ALLOTMENT

5thJanuary 2010

MONTHLY AVERAGE

1,928.57 Cr.

AS ON 30TH APRIL’17

1,888.62 Cr.

BENCHMARK

Nifty 50

STATISTICAL MEASURES(3 YEARS)

Standard Deviation - 14.29%

Beta - 0.99

Sharpe Ratio** - 0.57

PORTFOLIOTURNOVER* (1 YEAR)

1.14 times

FUND MANAGER

Mr. ShreyashDevalkar

Work experience:13 years. He has been managing this fund

since 23rd November 2016

SECTORALLOCATION

(%)

AXIS EQUITY FUND(AN OPEN-ENDED GROWTH SCHEME)

FACTSHEETAPRIL 2017

1% if Units are redeemed / switched-out within 12 months from the date of allotment (Effective from 1st October 2013)

EXIT LOAD

PERFORMANCE (as on 28th April 2017)

DIVIDENDS

Regular Plan Direct Plan

Options Record Date

Dividend (` Per unit) NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

DividendMar 21, 2017 1.15 1.15 14.86 13.71 1.15 1.15 15.54 14.39Mar 10, 2016 1.00 1.00 13.78 12.78 1.00 1.00 14.24 13.24Mar 05, 2015 1.00 1.00 16.53 15.53 1.00 1.00 16.89 15.89

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10.**Risk-free rate assumed to be 6.18% (MIBOR as on 28-4-17) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Data as on 28th April 2017.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.

1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)

SinceInceptionCAGR (%)

Current Value of Investment

if ` 10,000 was invested on

Inception date

Date ofInception

Axis Equity Fund - Growth 15.63% 14.32% 15.87% 11.19% 21,73005-Jan-10Nifty 50 (Benchmark) 18.58% 11.60% 12.14% 8.06% 17,628

S&P BSE Sensex (Additional Benchmark) 16.89% 10.11% 11.56% 7.45% 16,916Axis Equity Fund - Direct Plan - Growth 16.78% 15.55% - 15.55% 18,678

01-Jan-13Nifty 50 (Benchmark) 18.58% 11.60% - 10.89% 15,635S&P BSE Sensex (Additional Benchmark) 16.89% 10.11% - 10.30% 15,279Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated at Rs. 10 invested at inception. The performance data for 5 years period has not been provided for scheme/plan not in existence for 5 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Shreyash Devalkar is managing the scheme since 23rd November 2016 and he manages 2 schemes of Axis Mutual Fund. Please refer to annexure on Page 28 for performance of all schemes managed by the fund manager.

6


Banks 14.85 Finance 13.76 Auto Ancillaries 13.42

Industrial Products

12.16

Cement 8.58 Auto 5.17

Industrial Capital Goods

3.76

Textile Products 3.41

Construction Project

3.21

Others 15.54

DATE OF ALLOTMENT

29th June 2012MONTHLY AVERAGE

1,244.55 Cr.


1,307.11 Cr.

BENCHMARK

Nifty 50



Beta - 1.07



1.02 times

FUND MANAGER

Mr. Jinesh Gopani Work experience:14 years.

He has been managing this fund since 07th June 2016

Inve

stm

ent S

tyle

Value

Blend

Growth


FUND STYLE

% OF ASSETS

BANKS 14.85

HDFC Bank Limited 7.80

Kotak Mahindra Bank Limited 7.05

FINANCE 13.76

Bajaj Finserv Limited 6.19

Gruh Finance Limited 3.86

Bajaj Finance Limited 3.71

AUTO ANCILLARIES 13.42

Bosch Limited 4.91

Motherson Sumi Systems Limited 4.10

Endurance Technologies Limited 2.41

WABCO India Limited 2.00

INDUSTRIAL PRODUCTS 12.16

Cummins India Limited 6.77

Supreme Industries Limited 3.64

Bharat Forge Limited 1.75

CEMENT 8.58

Shree Cements Limited 8.58

AUTO 5.17

Maruti Suzuki India Limited 5.17

INDUSTRIAL CAPITAL GOODS 3.76

V-Guard Industries Limited 1.98

Siemens Limited 1.78

TEXTILE PRODUCTS 3.41

Page Industries Limited 3.41

CONSTRUCTION PROJECT 3.21

Larsen & Toubro Limited 3.21

OTHERS 15.54

Software 3.10

Info Edge (India) Limited 3.10

Commercial Services 2.85

Quess Corp Limited 2.85

Retailing 2.84

Avenue Supermarts Limited 2.84

Media & Entertainment 2.45

PVR Limited 2.45

Chemicals 2.20

Pidilite Industries Limited 2.20

Consumer Non Durables 2.10

Nestle India Limited 2.10

Total Equity 93.86

Cash & Other Receivables 6.14

Net Assets 100%

SECTORALLOCATION

(%)

PORTFOLIO

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

AXIS FOCUSED 25 FUND(AN OPEN-ENDED EQUITY SCHEME)

FACTSHEETAPRIL 2017

1% if redeemed/ switched out within 1 year from the date of allotment. (w.e.f. 15th May 2015)

EXIT LOAD


DIVIDENDS

Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

Others

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

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund. **Risk-free rate assumed to be 6.18% (MIBOR as on 28-4-17) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years.Data as on 28th April 2017.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.

1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)




Inception date

Date ofInception

Axis Focused 25 Fund - Growth 28.80% 20.53% - 18.03% 22,28029-Jun-12Nifty 50 (Benchmark) 18.58% 11.60% - 12.44% 17,625

S&P BSE 200 (Additional Benchmark) 22.99% 14.97% - 14.32% 19,096Axis Focused 25 Fund - Direct Plan - Growth 30.39% 22.09% - 17.58% 20,137

01-Jan-13Nifty 50 (Benchmark) 18.58% 11.60% - 10.89% 15,635S&P BSE 200 (Additional Benchmark) 22.99% 14.97% - 12.58% 16,691Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. The performance data for 5 years period has not been provided, since scheme is in existence for less than 5 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Jinesh Gopani is managing the scheme since 7th June 2016 and he manages 5 schemes of Axis Mutual Fund. Please refer to annexure on Page 28 for performance of all schemes managed by the fund manager.

7


PORTFOLIO

Finance 20.60 Auto Ancillaries 16.88 Consumer Non

Durables9.04

Industrial Products

7.41

Banks 5.28 Pesticides 4.50 Pharmaceuticals 3.64 Textile Products 3.63

Media & Entertainment

3.55

Others 21.00

DATE OF ALLOTMENT

18th February 2011

MONTHLY AVERAGE

1,210.86 Cr.


1,225.80 Cr.

BENCHMARK

S&P BSE Midcap



Beta - 1.02



1.03 times

FUND MANAGER

Mr. Shreyash Devalkar

Work experience: 13 years.He has been managing this fund since

23rd November 2016

Inve

stm

ent S

tyle

Value

Blend

Growth


FUND STYLE

% OF ASSETS

FINANCE 20.60Gruh Finance Limited 7.11Bajaj Finserv Limited 4.07Sundaram Finance Limited 2.94Multi Commodity Exchange of India Limited 2.66Cholamandalam Investment and Finance Company Limited

2.59

Mahindra & Mahindra Financial Services Limited 1.23AUTO ANCILLARIES 16.88Motherson Sumi Systems Limited 3.59Endurance Technologies Limited 3.08WABCO India Limited 2.38Amara Raja Batteries Limited 1.99Balkrishna Industries Limited 1.90Igarashi Motors India Limited 1.69CEAT Limited 1.15MRF Limited 1.11CONSUMER NON DURABLES 9.04Britannia Industries Limited 3.19Berger Paints (I) Limited 2.98Procter & Gamble Hygiene and Health Care Limited

2.87

INDUSTRIAL PRODUCTS 7.41Supreme Industries Limited 2.49AIA Engineering Limited 2.03Cummins India Limited 1.91Bharat Forge Limited 0.98BANKS 5.28City Union Bank Limited 5.28PESTICIDES 4.50UPL Limited 3.44PI Industries Limited 1.06PHARMACEUTICALS 3.64Torrent Pharmaceuticals Limited 1.97Alkem Laboratories Limited 0.96Cadila Healthcare Limited 0.71TEXTILE PRODUCTS 3.63Page Industries Limited 3.63MEDIA & ENTERTAINMENT 3.55PVR Limited 3.55OTHERS 20.54Industrial Capital Goods 3.39V-Guard Industries Limited 2.38Bharat Electronics Limited 1.01Transportation 3.21Blue Dart Express Limited 1.64Container Corporation of India Limited 1.57Consumer Durables 2.98Blue Star Limited 1.50TTK Prestige Limited 1.48Cement 2.40The Ramco Cements Limited 1.63JK Lakshmi Cement Limited 0.77Auto 2.11V.S.T Tillers Tractors Limited 2.11Petroleum Products 1.96Gulf Oil Lubricants India Limited 1.96Power 1.96Torrent Power Limited 1.96Gas 1.94Petronet LNG Limited 1.94Ferrous Metals 0.60Shankara Building Products Limited 0.60Other Equity (less than 0.50% of the corpus) 0.46Total Equity 95.55Cash & Other Receivables 4.45Net Assets 100%

SECTORALLOCATION

(%)

INVESTMENT OBJECTIVE: To achieve long term capital appreciation by investing predominantly in equity and equity related instruments of mid size companies. The focus of the fund will be to invest in relatively larger companies within this category.

AXIS MIDCAP FUND(AN OPEN-ENDED EQUITY SCHEME)

FACTSHEETAPRIL 2017

1% if redeemed / switched - out within 12 months from the date of allotment (w.e.f. 5th May 2014)

EXIT LOAD


1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)




Inception date

Date ofInception

Axis Midcap Fund - Growth 19.54% 22.67% 22.15% 18.59% 28,76018-Feb-11S&P BSE Midcap (Benchmark) 34.12% 26.45% 18.58% 13.75% 22,214

Nifty 50 (Additional Benchmark) 18.58% 11.60% 12.14% 8.99% 17,044Axis Midcap Fund - Direct Plan - Growth 20.93% 24.17% - 20.16% 22,126

01-Jan-13S&P BSE Midcap (Benchmark) 34.12% 26.45% - 18.14% 20,560Nifty 50 (Additional Benchmark) 18.58% 11.60% - 10.89% 15,635Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. The performance data for 5 years period has not been provided for scheme/plan not in existence for 5 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Shreyash Devalkar is managing the scheme since 23rd November 2016 and he manages 2 schemes of Axis Mutual Fund. Please refer to annexure on Page 28 for performance of all schemes managed by the fund manager.


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

DividendSep 15, 2016 2.00 2.00 22.64 20.64 2.00 2.00 25.83 23.83Sep 10, 2015 1.75 1.75 23.29 21.54 1.75 - 26.04 24.29July 31, 2014 1.50 1.50 19.91 18.41 - - - -

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund. **Risk-free rate assumed to be 6.18% (MIBOR as on 28-4-17) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Data as on 28th April 2017.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.

DIVIDENDS

8


PORTFOLIO

Finance 18.78 Banks 16.17 Auto Ancillaries 12.60 Auto 7.10 Construction

Project5.42

Consumer Durables

5.37

Industrial Products

5.05

Pharmaceuticals 4.82 Chemicals 4.23 Others 16.18

DATE OF ALLOTMENT

29th December 2009

MONTHLY AVERAGE

12,657.08 Cr.


12,915.63 Cr.

BENCHMARK

S&P BSE 200


Standard Deviation

- 13.72%

Beta - 0.90



1.40 times

FUND MANAGER

Mr. Jinesh Gopani Work experience: 14 years.

He has been managing this fund since 1st April 2011

Inve

stm

ent S

tyle

Value

Blend

Growth


FUND STYLE

% OF ASSETS

FINANCE 18.78HDFC Limited 6.97Bajaj Finance Limited 4.76Sundaram Finance Limited 2.85Gruh Finance Limited 2.53Multi Commodity Exchange of India Limited 1.66BANKS 16.17Kotak Mahindra Bank Limited 8.10HDFC Bank Limited 8.07AUTO ANCILLARIES 12.60Motherson Sumi Systems Limited 4.89Bosch Limited 4.04WABCO India Limited 2.06Endurance Technologies Limited 1.10Tube Investments of India Limited 0.51AUTO 7.10Maruti Suzuki India Limited 5.49Eicher Motors Limited 1.61CONSTRUCTION PROJECT 5.42Larsen & Toubro Limited 5.42CONSUMER DURABLES 5.37TTK Prestige Limited 2.99Symphony Limited 2.38INDUSTRIAL PRODUCTS 5.05Cummins India Limited 3.01Astral Poly Technik Limited 1.46Bharat Forge Limited 0.58PHARMACEUTICALS 4.63Sun Pharmaceutical Industries Limited 2.27Cadila Healthcare Limited 1.42IPCA Laboratories Limited 0.93CHEMICALS 4.23Pidilite Industries Limited 4.23OTHERS 15.77Pesticides 2.70PI Industries Limited 2.70Power 2.59Torrent Power Limited 2.59Consumer Non Durables 2.24Nestle India Limited 2.24Software 2.08Info Edge (India) Limited 1.07Tata Consultancy Services Limited 1.01Transportation 1.86Blue Dart Express Limited 1.07Gujarat Pipavav Port Limited 0.79Industrial Capital Goods 1.45Siemens Limited 0.94V-Guard Industries Limited 0.51Retailing 1.32Avenue Supermarts Limited 1.32Commercial Services 1.00Quess Corp Limited 1.00Telecom - Equipment & Accessories 0.54Astra Microwave Products Limited 0.54Other Equity (less than 0.50% of the corpus) 0.60Total Equity 95.70Debt, Cash & Other Receivables 4.30Net Assets 100%^Treasury Bill

SECTORALLOCATION

(%)

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

AXIS LONG TERM EQUITY FUND(AN OPEN-ENDED EQUITY LINKED SAVINGS SCHEME WITH A 3 YEAR LOCK-IN)

FACTSHEETAPRIL 2017

NIL

EXIT LOAD


1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)




Inception date

Date ofInception

Axis Long Term Equity Fund - Growth 19.60% 22.65% 22.69% 18.88% 35,55729-Dec-09S&P BSE 200 (Benchmark) 22.99% 14.97% 13.83% 8.97% 18,780

Nifty 50 (Additional Benchmark) 18.58% 11.60% 12.14% 8.29% 17,934Axis Long Term Equity Fund - Direct Plan - Growth 20.94% 24.12% - 23.70% 25,085

01-Jan-13S&P BSE 200 (Benchmark) 22.99% 14.97% - 12.58% 16,691Nifty 50 (Additional Benchmark) 18.58% 11.60% - 10.89% 15,635Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. The performance data for 5 years period has not been provided for scheme/plan not in existence for 5 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above.Jinesh Gopani is managing the scheme since 1st April 2011and he manages 5 schemes of Axis Mutual Fund. Please refer to annexure on Page 28 for performance of all schemes managed by the fund manager.

DIVIDENDS

Options Record Date


(Cum Dividend)

Individuals/ HUF

Others

Regular Dividend

Jan 31, 2017 2.23 2.23 21.1726Jan 25, 2016 2.25 2.25 21.2217Jan 22, 2015 2.00 2.00 24.2942

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable. Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund. **Risk-free rate assumed to be 6.18% (MIBOR as on 28-4-17) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Data as on 28th April 2017.Source: ACEMF*Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.

9


PORTFOLIO

% OF ASSETS

TOTAL HEDGE EQUITY 65.91

Century Textiles & Industries Limited 7.97

Reliance Industries Limited 6.88

Divi's Laboratories Limited 5.83

Dewan Housing Finance Corporation Limited 5.63

Reliance Capital Limited 5.06

Aurobindo Pharma Limited 4.59

Eicher Motors Limited 4.07

Indiabulls Housing Finance Limited 3.89

HDFC Limited 2.67

Max Financial Services Limited 2.02

Siemens Limited 1.81

Tata Motors Limited 1.77

Mahindra & Mahindra Limited 1.52

IDFC Bank Limited 1.49

Fortis Healthcare Limited 1.14

Castrol India Limited 0.99

Jindal Steel & Power Limited 0.93

Reliance Infrastructure Limited 0.85

DLF Limited 0.81

Power Grid Corporation of India Limited 0.78

Equitas Holdings Limited 0.77

Hindustan Zinc Limited 0.76

Oracle Financial Services Software Limited 0.73

Jain Irrigation Systems Limited 0.68

Bharat Electronics Limited 0.53

Asian Paints Limited 0.39

Tata Communications Limited 0.33

Hindalco Industries Limited 0.29

Indian Oil Corporation Limited 0.22

The Federal Bank Limited 0.17

Godfrey Phillips India Limited 0.17

Motherson Sumi Systems Limited 0.16

Tata Global Beverages Limited 0.03

Debt, Cash & Other Receivables 34.09

NET ASSET 100%

^Commercial Paper

DATE OF ALLOTMENT

14th August 2014MONTHLY AVERAGE

571.05 Cr.


609.33 Cr.

BENCHMARK

Crisil Liquid Fund Index

Mr. Ashwin Patni Work experience: 13 years.

He has been managing the fund since 27th April 2015

Mr. Devang ShahWork experience: 11 years.

He has been managing this fund since inception.

FUND MANAGER

AXIS ENHANCED ARBITRAGE FUND FACTSHEETAPRIL 2017

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

(AN OPEN-ENDED ARBITRAGE FUND)

0.25% if redeemed / switched out within 7 days from the date of allotment. (w.e.f. 15th May 2015)

EXIT LOAD


1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)




Inception date

Date ofInception

Axis Enhanced Arbitrage Fund - Growth 6.40% - - 6.82% 11,95614-Aug-14CRISIL Liquid Fund Index (Benchmark) 7.06% - - 7.86% 12,272

CRISIL 1 Year T-Bill (Additional Benchmark) 6.63% - - 7.65% 12,210Axis Enhanced Arbitrage - Direct Plan - Growth 7.27% - - 7.72% 12,231

14-Aug-14CRISIL Liquid Fund Index (Benchmark) 7.06% - - 7.86% 12,272CRISIL 1 Year T-Bill (Additional Benchmark) 6.63% - - 7.65% 12,210Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 3 years & 5 years period has not been provided, since scheme is in existence for less than 3 years.Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since inception and he manages 46 schemes & Ashwin Patni is managing the scheme since 27th April 2015 and he manages 21 schemes. Please refer to annexure on Page 29 for performance of all schemes managed by the fund managers.

DIVIDENDS


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

DividendApr 25, 2017 - - - - 0.0161 0.0161 10.8754 10.8593Mar 27, 2017 0.05 0.05 10.5171 10.4671 0.05 0.05 10.8656 10.8156Feb 28, 2017 0.05 0.05 10.5294 10.4794 0.05 0.05 10.8701 10.8201

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund. @ Based on debt portfolio only. * For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio. #Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.

10

AVERAGE MATURITY*@

213 daysMODIFIED DURATION*@

198 daysPORTFOLIO YIELD (YIELD TO MATURITY&)

6.79%PORTFOLIO TURNOVER# (1 YEAR)

11.09 times

11

FIXEDINCOME

M A Y 2 0 1 7

Bond markets during the month on a point to point basis sold off, with the 13-15 year benchmark bond up by ~10bps. The 10 year benchmark was up by 28 basis points (closed at 6.96%) over last month on account of new benchmark issuance.

In its April bi-monthly monetary policy, which was the first in this financial year, RBI maintained status quo on the repo rate. This was consistent with its stance in the earlier meeting in February when it first signaled lower probability of rate cuts going forward. The key reason behind the pause is that RBI perceives inflation to be sticky. However, RBI narrowed the corridor i.e. the difference between the repo and reverse repo rate to 50bps (from 100bps earlier). This move was intended to address the liquidity and aid short term yields.

During the month in order to address the surplus liquidity situation further, RBI came out with 1 year CMB’s of INR 1 trillion.

To put things in context, RBIs policy action in the past few years had been led by a global environment of disinflation, slowdown in commodities and growth. All these had led to softening in India’s inflation. Today’s environment is quite different with growth coming back globally, commodities showing some recovery, presenting some upside risk to inflation. If inflation undershoots their expectation significantly, falling below 4% and in a sustainable band of 3-3.5%, RBI may consider going down the path for rate cuts again. Until then, RBI would continue with its neutral stance.

The good news however is for the short end of the curve, where the liquidity is helping.

The yield curve offers great steepness in the short segment up to 5 years to maturity. Thus short bonds offer a yield pic up relative to money market, and at the same time are not as exposed to the volatility of the long end. Our preferred part of the curve is between 1 and 5 years. We had previously argued that RBI is close to the end of the rate cut cycle. RBI’s neutral stance supports this view. In this context we believe that short bonds are likely to outperform long bonds going forward.

Globally yields softened post Fed rate hike on account of global risk off event. Significant news surrounded upcoming elections in France. We believe this was mainly a ‘risk on’ event and positive for the global economy.

10 YEAR G-SEC YIELD

6.96%

QUICK TAKE

CPI Inflation : Last 1 year3.81%

4.83%

Repo : Last 1 year10 yr G-Sec : Last 1 year6.96%

7.44%

• RBI maintains a pause in policy rate. Narrows corridor to address liquidity impact on short-term yields.

• Limited room for rate cuts from here. • Investor should look to invest in short to medium term funds as a core portfolio allocation. Investors who wish to participate in long bonds can look to do so through dynamic bond funds.


PORTFOLIO

RATING% OF AS-

SETSTOTAL MONEY MARKET INSTRUMENTS^ 94.36BANKS 17.14IndusInd Bank Limited CRISIL A1+ 4.99HDFC Bank Limited INTERNAL A1+ 3.10RBL Bank Limited ICRA A1+ 2.56The Federal Bank Limited CRISIL A1+ 2.04IDFC Bank Limited ICRA A1+ 1.35ICICI Bank Limited ICRA A1+ 1.03Oriental Bank of Commerce CRISIL A1+ 0.78Abu Dhabi Commercial Bank (ADCB) CRISIL A1+ 0.52Yes Bank Limited ICRA A1+ 0.49HDFC Bank Limited CARE A1+ 0.26The South Indian Bank Limited CARE A1+ 0.03OTHERS 60.28Export Import Bank of India CRISIL A1+ 6.82Small Industries Dev Bank of India CARE A1+ 3.99Reliance Jio Infocomm Limited CARE A1+ 3.27Welspun Renewables Energy Private Limited IND A1+(SO) 3.09Edelweiss Commodities Services Ltd CRISIL A1+ 3.08Indiabulls Housing Finance Limited CRISIL A1+ 2.82NABARD CRISIL A1+ 2.59Tata Steel Limited IND A1+ 2.58Piramal Finance Private Limited ICRA A1+ 2.58HDFC Limited ICRA A1+ 1.94Aditya Birla Finance Ltd ICRA A1+ 1.83Network18 Media & Investments Limited ICRA A1+ 1.71Tata Capital Financial Services Ltd ICRA A1+ 1.61JSW Steel Limited CARE A1+ 1.55Sun Pharmaceutical Industries Limited ICRA A1+ 1.55L&T Finance Ltd CARE A1+ 1.52Adani Transmission Limited IND A1+ 1.16Vedanta Limited CRISIL A1+ 1.09IIFL Wealth Finance Limited ICRA A1+ 1.03India Infoline Finance Ltd ICRA A1+ 1.03Gruh Finance Limited CRISIL A1+ 1.03CESC Limited CARE A1+ 0.98Hero Fincorp Limited CRISIL A1+ 0.77Redington (India) Limited ICRA A1+ 0.77Reliance Capital Limited ICRA A1+ 0.75Shapoorji Pallonji and Company Private Ltd ICRA A1+ 0.73Muthoot Finance Limited CRISIL A1+ 0.73Tata Power Company Limited ICRA A1+ 0.65IFMR Capital Finance Pvt Ltd ICRA A1+ 0.65Mahindra & Mahindra Financial Services Limited CRISIL A1+ 0.60Aditya Birla Fashion and Retail Limited CRISIL A1+ 0.52

Talwandi Sabo Power LtdCRISIL

A1+(SO)0.52

Emami Limited CRISIL A1+ 0.52TVS Credit Services Ltd ICRA A1+ 0.52Bajaj Finance Limited ICRA A1+ 0.39Cholamandalam Investment and Finance Company Limited

ICRA A1+ 0.39Mahindra Rural Housing Finance IND A1+ 0.39TGS Investment & Trade Pvt Ltd ICRA A1+ 0.26Trapti Trading & Invest Pvt Ltd ICRA A1+ 0.26JM Financial Limited ICRA A1+ 0.26Adani Ports and Special Economic Zone Limited ICRA A1+ 0.26Godrej Industries Limited ICRA A1+ 0.26TVS Credit Services Ltd CRISIL A1+ 0.26SRF Limited IND A1+ 0.26Adani Gas Ltd. CARE A1+ 0.26IDFC Infrastructure Finance Limited ICRA A1+ 0.21NTPC Limited CRISIL A1+ 0.13Hindustan Zinc Limited CRISIL A1+ 0.13Aditya Birla Nuvo Limited ICRA A1+ 0.03TREASURY BILL 16.9515 Days CMB Sovereign 5.9391 Days Tbill Sovereign 5.92182 Days Tbill Sovereign 3.19364 Days Tbill Sovereign 1.91TOTAL DEBT 1.71CORPORATE BOND 1.58Tata Capital Financial Services Ltd CRISIL AA+Emami Limited CRISIL AA+ 0.39Dewan Housing Finance Corporation Limited CARE AAA 0.16LIC Housing Finance Limited CRISIL AAA 0.13Indiabulls Housing Finance Limited BWR AAA 0.09Power Finance Corporation Limited CRISIL AAA 0.05ZERO COUPON BOND 0.13JM Financial Products Ltd ICRA AA 0.13NET CURRENT ASSETS 3.93NET ASSETS 100%^Certificate of Deposit/Commercial Paper/Treasury Bill^^Aggregate Investments by other schemes of Axis Mutual Fund as on April 30, 2017 - Rs.79,400 Lakhs

DATE OF ALLOTMENT

9th October 2009MONTHLY AVERAGE

18,852.08 Cr.


18,450.91Cr.

BENCHMARK


AVERAGE MATURITY*

29 daysMODIFIED DURATION*


6.38%


He has been managing this fund since5th November 2012.

Mr. Aditya PagariaWork experience: 9 years.

He has been managing this fund since13th August 2016.

FUND MANAGER

Total Money Market Instruments* - 98.29% Corporate Bond - 1.58% Zero Coupon Bond - 0.13%

ICRA A1+/ CRISIL A1+/ CARE A1+/ CRISIL AAA/ CARE AAA/ CRISIL A1+(SO)/ IND A1+/ BWR AAA/ IND A1+(SO) & Equivalent - 81.78%

SOV - 16.95% CRISIL AA+ - 1.14% ICRA AA - 0.13%

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

Inte

rnal

Rat

e Se

nsiti

vity

High

Med

Low

High Mid LowCredit Quality

FUND STYLE

Credit Risk Rating[ICRA] A1mfs^

CARE AAA mfs^

* Includes Net Current Assets

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

AXIS LIQUID FUND(AN OPEN-ENDED LIQUID SCHEME)

FACTSHEETAPRIL 2017

NIL

EXIT LOAD


1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)




Inception date

Date ofInception

Axis Liquid Fund - Growth 7.14% 8.07% 8.55% 8.14% 18,07609-Oct-09Crisil Liquid Fund Index (Benchmark) 7.06% 7.98% 8.31% 7.74% 17,570

Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% 7.41% 6.56% 16,166Axis Liquid Fund - Direct Plan - Growth 7.23% 8.15% 0.00% 8.51% 14,242

31-Dec-12Crisil Liquid Fund Index (Benchmark) 7.06% 7.98% 0.00% 8.35% 14,152Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% 0.00% 7.33% 13,586Axis Liquid Fund - Retail Plan - Growth 6.58% 7.52% 8.02% 7.90% 17,253

01-Mar-10Crisil Liquid Fund Index (Benchmark) 7.06% 7.98% 8.31% 8.01% 17,373Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% 7.41% 6.78% 16,005Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 1,000 invested at inception. The performance data for 5 years period has not been provided for scheme/plan not in existence for 5 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 5th November 2012 and he manages 46 schemes & Aditya Pagaria is managing the scheme since 13th August 2016 and he manages 3 schemes. Please refer to annexure on Page 28-29 for performance of all schemes managed by the fund managers.

DIVIDENDS

Regular Plan Retail Plan Direct Plan

Options Record Date

Dividend (` Per unit)

NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)

Individu-als/ HUF

OthersIndividuals/

HUFOth-ers

Individuals/ HUF

Others

Monthly Dividend

Apr 25, 2017 3.8378 3.5556 1,005.9031 1,000.5896 3.5322 - 1,005.1100 1,000.2195 3.8846 - 1,005.5976 1,000.2192Mar 27, 2017 3.6880 3.4169 1,005.6958 1,000.5896 3.3854 - 1,004.9065 1,000.2195 3.7321 - 1,005.3864 1,000.2192Feb 27, 2017 4.3256 4.0076 1,006.5786 1,000.5896 3.9701 - 1,005.7162 1,000.2195 4.3799 - 1,006.2833 1,000.2192

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 1000. Dividends disclosed above are since the inception of the fund. * For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.

12

^^



Options Record Date


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)


NAV per unit

(Cum Dividend)

NAV per unit

(Ex Dividend)

Indi-viduals/

HUFOthers

Individu-als/ HUF

OthersIndi-

viduals/ HUF

Others

Monthly Dividend

Apr 25, 2017 3.8895 3.6035 1,010.8365 1,005.4514 3.8126 - 1,010.7267 1,005.4482 4.3438 4.0185 1,011.4672 1,005.4530Mar 27, 2017 3.4835 3.2274 1,010.2744 1,005.4514 3.2111 - 1,009.8945 1,005.4482 3.8444 3.5598 1,010.7759 1,005.4530Feb 27, 2017 4.3873 4.0647 1,011.5258 1,005.4514 3.9356 - 1,010.8975 1,005.4482 4.6400 4.2924 1,011.8772 1,005.4530

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 1000. Dividends disclosed above are since the inception of the fund. * For instruments with put/call option, the put/call date has been taken as the maturity date.& The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.

PORTFOLIO

RATING % OF ASSETSTotal Money Market Instruments^

29.79

Banks 11.19HDFC Bank Limited CARE A1+ 7.57Kotak Mahindra Bank Limited CRISIL A1+ 2.00IndusInd Bank Limited CRISIL A1+ 0.94IDFC Bank Limited ICRA A1+ 0.40Oriental Bank of Commerce CRISIL A1+ 0.27OTHERS 16.43Shapoorji Pallonji and Company Private Ltd

ICRA A1+ 3.96

Adani Transmission Limited IND A1+ 3.48Indian Railway Finance Corp Ltd CRISIL A1+ 1.97Aditya Birla Finance Ltd ICRA A1+ 1.34HDFC Limited ICRA A1+ 1.33Adani Ports and Special Economic Zone Limited ICRA A1+ 1.29

L&T Finance Ltd CARE A1+ 1.06Small Industries Dev Bank of India CARE A1+ 0.67Barclays Invest & Loans India Ltd ICRA A1+ 0.65Export Import Bank of India CRISIL A1+ 0.27Hindustan Zinc Limited CRISIL A1+ 0.13Vodafone India Ltd CRISIL A1+ 0.13Piramal Finance Private Limited ICRA A1+ 0.13TREASURY BILL 2.1791 Days Tbill Sovereign 2.17TOTAL DEBT 36.73CORPORATE BOND 33.26Indiabulls Housing Finance Limited BWR AAA 4.53NABARD CRISIL AAA 3.03Citicorp Finance India Ltd ICRA AAA 2.43Power Finance Corporation Limited CRISIL AAA 2.38Tata Capital Financial Services Ltd CRISIL AA+ 2.04L&T Finance Ltd CARE AA+ 2.03Indian Railway Finance Corp Ltd CRISIL AAA 2.02LIC Housing Finance Limited CRISIL AAA 1.50Piramal Finance Private Limited ICRA AA 1.37Export Import Bank of India CRISIL AAA 1.35Edelweiss Commodities Services Ltd CRISIL AA 1.35Daimler Financial Services India Pvt Ltd

IND AAA 1.08

JM Financial Products Ltd CRISIL AA 1.08Small Industries Dev Bank of India CARE AAA 0.88UPL Limited BWR AA+ 0.69L&T Infrastructure Finance Co Ltd CARE AA+ 0.68HDB Financial Services Ltd CRISIL AAA 0.68Indiabulls Housing Finance Limited CARE AAA 0.68Tata Power Company Limited ICRA AA 0.67Mahindra Rural Housing Finance IND AA+ 0.67Shriram Transport Finance Company Limited

CRISIL AA+ 0.51Mahindra & Mahindra Financial Services Limited

IND AAA 0.41Cholamandalam Investment and Finance Company Limited

ICRA AA 0.41

Emami Limited CRISIL AA+ 0.38

Power Grid Corporation of India Limited

CRISIL AAA 0.28

Reliance Jio Infocomm Limited CRISIL AAA 0.14ZERO COUPON BOND 3.47Dewan Housing Finance Corporation Limited

CARE AAA 2.24

Sundaram BNP Paribas Home Finance Ltd

ICRA AA+ 0.68

JM Financial Products Ltd ICRA AA 0.55NET CURRENT ASSETS 33.48NET ASSETS 100%^Certificate of Deposit/Commercial Paper/Treasury Bill

DATE OF ALLOTMENT

9th October 2009MONTHLY AVERAGE

3,358.41Cr.


3,712.11Cr.

BENCHMARK


AVERAGE MATURITY*

154 daysMODIFIED DURATION

*


6.88%


He has been managing this fund since07th June 2016.



FUND MANAGER

Total Money Market Instruments* - 63.27% Corporate Bond - 33.26% Zero Coupon Bond - 3.47%

ICRA A1+/ CRISIL A1+/ CARE A1+/ CRISIL AAA/ CARE AAA/ ICRA AAA/ IND A1+/ BWR AAA/ IND AAA & Equivalent - 84.73%

CRISIL AA+/ CARE AA+/ ICRA AA+/ IND AA+/ BWR AA+ 7.69%, ICRA AA/ CRISIL AA - 5.42%, SOV - 2.17%


Inte

rnal

Rat

e Se

nsiti

vity

High

Med

Low


FUND STYLE

Credit Risk Rating[ICRA] A1+mfs^


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

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

AXIS TREASURY ADVANTAGE FUND(AN OPEN-ENDED DEBT SCHEME)

FACTSHEETAPRIL 2017

NIL

EXIT LOAD


1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)




Inception date

Date ofInception

Axis Treasury Advantage Fund - Growth 7.63% 8.21% 8.70% 8.28% 18,24409-Oct-09Crisil Liquid Fund Index (Benchmark) 7.06% 7.98% 8.32% 7.74% 17,564

Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% 7.41% 6.56% 16,161Axis Treasury Advantage Fund - Direct Plan - Growth 8.07% 8.68% - 9.02% 14,524

01-Jan-13Crisil Liquid Fund Index (Benchmark) 7.06% 7.98% - 8.35% 14,145Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% - 7.33% 13,575Axis Treasury Advantage Fund - Retail Plan - Growth 6.96% 7.54% 7.92% 7.82% 17,148

03-Mar-10Crisil Liquid Fund Index (Benchmark) 7.06% 7.98% 8.32% 8.01% 17,357Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% 7.41% 6.78% 15,998

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 1,000 invested at inception. The performance data for 5 years period has not been provided for scheme/plan not in existence for 5 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 7th June 2016 and he manages 46 schemes & Aditya Pagaria is managing the scheme since 13th August 2016 and he manages 3 schemes. Please refer to annexure on 28-29 for performance of all schemes managed by the fund managers.

DIVIDENDS

13


PORTFOLIO

RATING % OF ASSETSTOTAL DEBT 83.48CORPORATE BOND 72.62Power Finance Corporation Limited CRISIL AAA 10.00Rural Electrification Corporation Limited CRISIL AAA 8.98HDFC Limited CRISIL AAA 7.91NABARD CRISIL AAA 7.46Reliance Jio Infocomm Limited CRISIL AAA 6.39LIC Housing Finance Limited CRISIL AAA 4.01Indiabulls Housing Finance Limited BWR AAA 2.58Power Grid Corporation of India Limited CRISIL AAA 2.42Vodafone Mobile Services Ltd CRISIL AA 2.35Dewan Housing Finance Corporation Limited BWR AAA 2.08HDB Financial Services Ltd CRISIL AAA 1.96Tata Sons Ltd CRISIL AAA 1.82Shriram Transport Finance Company Limited CRISIL AA+ 1.68Mahindra & Mahindra Financial Services Limited

IND AAA 1.41

Gruh Finance Limited ICRA AAA 1.17Small Industries Dev Bank of India CARE AAA 1.17Nirma Ltd CRISIL AA 1.09Cholamandalam Investment and Finance Company Limited

ICRA AA 1.09

State Bank of India CRISIL AAA 0.94Daimler Financial Services India Pvt Ltd IND AAA 0.93Tata Capital Financial Services Ltd ICRA AA+ 0.79

Oriental Nagpur Betul Highway LimitedCRISIL

AAA(SO)0.70

L&T Infrastructure Finance Co Ltd CARE AA+ 0.63IDFC Bank Limited ICRA AAA 0.62Citicorp Finance India Ltd ICRA AAA 0.54Tata Motors Limited CARE AA+ 0.41Bajaj Finance Limited CRISIL AAA 0.39Rural Electrification Corporation Limited CARE AAA 0.32UltraTech Cement Limited CRISIL AAA 0.29Bajaj Finance Limited CARE AAA 0.17Larsen & Toubro Limited CRISIL AAA 0.14Export Import Bank of India CRISIL AAA 0.09Indiabulls Housing Finance Limited CARE AAA 0.08Indian Railway Finance Corp Ltd CRISIL AAA 0.01STATE GOVERNMENT BOND Sovereign 7.95

ZERO COUPON BOND 2.40Dewan Housing Finance Corporation Limited

CARE AAA 1.64

Sundaram BNP Paribas Home Finance Ltd

ICRA AA+ 0.39

Mahindra & Mahindra Financial Services Limited

IND AAA 0.17

Indiabulls Housing Finance Limited CARE AAA 0.17Axis Finance Limited IND AAA 0.02HDB Financial Services Ltd CRISIL AAA 0.003GOVERNMENT BOND Sovereign 0.51

TOTAL MONEY MARKET INSTRUMENTS^ 12.68

BANKS 6.22

HDFC Bank Limited CARE A1+ 2.68IDFC Bank Limited ICRA A1+ 1.12NABARD CRISIL A1+ 1.03IndusInd Bank Limited CRISIL A1+ 1.01ICICI Bank Limited ICRA A1+ 0.38OTHERS 5.31Indian Railway Finance Corp Ltd CRISIL A1+ 2.27Vodafone Mobile Services Ltd CRISIL AA 1.52NABARD CRISIL A1+ 1.52TREASURY BILL 1.1591 Days Tbill Sovereign 1.15NET CURRENT ASSETS 3.84NET ASSETS 100%^Certificate of Deposit/Commercial Paper/ Treasury Bill/

DATE OF ALLOTMENT

22nd January 2010

MONTHLY AVERAGE

6,465.05 Cr.


6,441.16 Cr.

BENCHMARK

Crisil Short Term Bond Fund Index

AVERAGE MATURITY*

2.1 yearsMODIFIED DURATION

*

1.8 yearsPORTFOLIO YIELD (YIELD TO MATURITY&)

7.39%



FUND MANAGER

Corporate Bond - 72.62% Total Money Market Instruments* - 16.52% State Government Bond - 7.95% Zero Coupon Bond - 2.40% Government Bond - 0.51%


Inte

rnal

Rat

e Se

nsiti

vity

High

Med

Low


FUND STYLE

Credit Risk Rating[ICRA]AAAmfs$


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

AXIS SHORT TERM FUND(AN OPEN-ENDED DEBT SCHEME)

FACTSHEETAPRIL 2017

NIL (w.e.f. 28th August 2015)

EXIT LOAD


1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)




Inception date

Date ofInception

Axis Short Term Fund - Growth 8.48% 8.85% 8.79% 8.29% 17,84522-Jan-10Crisil Short Term Bond Fund Index Benchmark) 8.69% 9.18% 9.05% 8.30% 17,848

Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% 7.41% 6.71% 16,036Axis Short Term Fund - Direct Plan - Growth 9.23% 9.72% - 9.41% 14,755

01-Jan-13Crisil Short Term Bond Fund Index (Benchmark) 8.69% 9.18% - 9.04% 14,536Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% - 7.33% 13,575Axis Short Term Fund - Retail Plan - Growth 8.48% 8.86% 8.72% 8.25% 17,644

02-Mar-10Crisil Short Term Bond Fund Index (Benchmark) 8.69% 9.18% 9.05% 8.39% 17,811Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% 7.41% 6.78% 15,998Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 5 years period has not been provided for scheme/plan not in existence for 5 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above.Devang Shah is managing the scheme since 5th November 2012 and he manages 46 schemes of Axis Mutual Fund. Please refer to annexure on Page 29 for performance of all schemes managed by the fund manager.

DIVIDENDS


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Individuals/ HUF

Others

Monthly Dividend

Apr 25, 2017 0.0397 0.0368 10.2432 10.1882 0.0387 0.0358 10.0885 10.0349 0.0427 0.0395 10.0954 10.0363Mar 27, 2017 0.0375 0.0348 10.2368 10.1848 0.0360 0.0334 10.0808 10.0309 0.0400 0.0371 10.0877 10.0323Feb 27, 2017 0.0382 0.0354 10.2512 10.1982 0.0379 0.0351 10.0952 10.0427 0.0424 0.0393 10.1031 10.0443


14

ICRA A1+/ CRISIL A1+/ CARE A1+/ CRISIL AAA/ CARE AAA/ ICRA AAA/ IND AAA/ BWR AAA/ CRISIL AAA(SO) & Equivalent - 81.96%

SOV - 9.61% ICRA AA/ CRISIL AA -4.53%

CRISIL AA+/ CARE AA+/ ICRA AA+ -3.90%



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Half Yearly Dividend

Mar 27, 2017 0.3611 0.3346 11.2460 10.7460 0.3611 0.3346 11.8203 11.3203Sep 26, 2016 0.3611 0.3346 11.3942 10.8942 0.3611 0.3346 11.9017 11.4017Mar 28, 2016 0.3611 0.3345 11.0764 10.5764 0.3611 0.3345 11.4947 10.9947Sep 28, 2015 0.2889 0.2676 11.1709 10.7709 0.2889 0.2676 11.5136 11.1136

Quarterly DividendMar 27, 2017 0.1806 0.1673 10.7941 10.5441 0.1806 0.1673 11.4189 11.1689Dec 26, 2016 0.1805 0.1672 10.9387 10.6887 0.1805 0.1672 11.5337 11.2837Sep 26, 2016 0.1806 0.1673 10.9510 10.7010 0.1806 0.1673 11.5087 11.2587

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ̀ 10. Half Yearly Dividends disclosed above are for the last 2 Years. Quarterly Dividends disclosed above are for the last 3 quarters. * For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.

PORTFOLIO

RATING % OF ASSETS

TOTAL DEBT 86.12

STATE GOVERNMENT BOND Sovereign 45.68

CORPORATE BOND 26.35

Power Finance Corporation Limited CRISIL AAA 8.90

Reliance Gas Transportation Infrastructure Ltd

CRISIL AAA 5.36

Rural Electrification Corporation Limited

CRISIL AAA 2.46


CRISIL AAA 1.54

Vedanta Limited CRISIL AA- 1.50

ICICI Bank Limited ICRA AA+ 1.49

Tata Sons Ltd CRISIL AAA 1.48

NABARD CRISIL AAA 1.48

Tata Power Company Limited CRISIL AA- 1.28

India Infrastructure Fin Co Ltd CRISIL AAA 0.86

GOVERNMENT BOND Sovereign 14.09

NET CURRENT ASSETS 13.88

NET ASSETS 100%

DATE OF ALLOTMENT

27th April 2011MONTHLY AVERAGE

337.03 Cr.


336.57 Cr.

BENCHMARK

Crisil Composite Bond Fund Index

AVERAGE MATURITY*

7.2 yearsMODIFIED DURATION*


7.47%

Mr. R. SivakumarWork experience: 18 years.

He has been managing this fund since inception



FUND MANAGER

State Government Bond - 45.68% Corporate Bond - 26.35% Government Bond - 14.09% Total Money Market Instruments* - 13.88%

SOV - 59.77% CRISIL AAA & Equivalent - 35.95% ICRA AA - - 2.78% ICRA AA+ - 1.49%

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

tern

al R

ate

Sens

itivi

ty

High

Med

Low


FUND STYLE


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

AXIS DYNAMIC BOND FUND(AN OPEN-ENDED DEBT FUND)

FACTSHEETAPRIL 2017

EXIT LOAD

If redeemed/switched out within 12 months from the date of allotment:- For 10% of investment : Nil- For remaining investment : 1% If redeemed/switched out after 12 months from the date of allotment: Nil (w.e.f. 22nd June 2015


1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)




Inception date

Date ofInception

Axis Dynamic Bond Fund - Growth 9.96% 10.32% 9.20% 9.14% 16,913

27-Apr-11Crisil Composite Bond Fund Index (Benchmark) 10.07% 10.93% 9.28% 9.09% 16,870CRISIL 10 year Gilt Index (Additional Benchmark) 9.64% 10.76% 8.51% 7.66% 15,577

Axis Dynamic Bond Fund - Direct Plan -Growth 10.95% 11.61% - 10.30% 15,278

01-Jan-13Crisil Composite Bond Fund Index (Benchmark) 10.07% 10.93% - 9.23% 14,647CRISIL 10 year Gilt Index (Additional Benchmark) 9.64% 10.76% - 7.78% 13,826

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Calculations are based on Growth Option NAV. Since inception returns are calculated at Rs. 10 invested at inception. The performance data for 5 years period has not been provided for scheme/plan not in existence for 5 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. R. Sivakumar is managing the scheme since inception and he manages 5 schemes & Devang Shah is managing the schmes since 5th November 2012 and he manages 46 schemes. Please refer to annexure on Page 28&29 for performance of all schemes managed by the fund managers.

DIVIDENDS

15



Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Half Yearly Dividend Mar 27, 2017 0.3611 0.3346 11.3750 10.8750 0.3611 0.3346 11.5724 11.0724Sep 26, 2016 0.3611 0.3346 11.4980 10.9980 0.3611 0.3346 11.6564 11.1564Mar 28, 2016 0.3611 0.3345 11.2292 10.7292 0.3611 0.3345 11.3351 10.8351Sep 28, 2015 0.2889 0.2676 11.3054 10.9054 0.2889 0.2676 11.3459 10.9459

Quarterly DividendMar 27, 2017 0.1806 0.1673 10.7549 10.5049 0.1806 0.1673 11.2694 11.0194Dec 26, 2016 0.1805 0.1672 10.8011 10.5511 0.1805 0.1672 11.2898 11.0398Sep 26, 2016 0.1806 0.1673 10.8953 10.6453 0.1806 0.1673 11.3606 11.1106

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10.Half yearly dividend disclosed above are since the inception of the fund. Quarterly dividends disclosed above are for the last 3 Quarters.* For instruments with put/call option, the put/call date has been taken as the maturity date.& The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.

RATING % OF ASSETS

TOTAL DEBT 95.23



CRISIL AAA 6.85


Dewan Housing Finance Corporation Limited

BWR AAA 5.41

Reliance Gas TransportationInfrastructure Ltd

CRISIL AAA 4.28

Oriental Nagpur Betul Highway Limited

CRISIL AAA(SO)

3.95

Muthoot Finance Limited CRISIL AA 3.94

Reliance Jio Infocomm Limited CRISIL AAA 3.65

Nirchem Cement Limited CRISIL AA 3.61


Indiabulls Housing Finance Limited BWR AAA 3.59

Birla Corporation Limited ICRA AA 3.58

Tube Investments of India Limited CRISIL AA 3.55

Tata Power Company Limited CRISIL AA- 3.48

JM Financial Products Ltd CRISIL AA 3.22

Hinduja Leyland Finance Ltd CARE A+ 2.86

Hindalco Industries Limited CRISIL AA- 2.63

Hansdeep Industries & Trading Co. Ltd.

CARE AA(SO)

2.57

Cyquator Media Services Private Limited#

BWR A1+(SO)

2.50

PVR Limited CRISIL AA- 1.91

ECL Finance Ltd ICRA AA 1.82

Equitas Small Finance Bank Limited CARE A+ 1.81

India Infoline Finance Ltd ICRA AA 1.80

Ujjivan Small Finance Bank Ltd ICRA A+ 1.79

JK Lakshmi Cement Limited CARE AA 1.77

IndoStar Capital Finance Ltd CARE AA- 1.50

Adani Transmission Limited IND AA+ 1.45

SRF Limited IND AA 1.44

ZERO COUPON BOND 6.72

Adani Power Limited BWR AA-(SO) 2.93

Edelweiss Commodities Services Ltd CARE AA 1.91

Amri Hospitals Ltd## BWR A+(SO) 1.88

GOVERNMENT BOND Sovereign 2.09

STATE GOVERNMENT BOND Sovereign 1.47


NET ASSETS 100% # Secured by shares of Zee Entertainment Enterprises Ltd## Secured by shares of Emami Ltd

DATE OF ALLOTMENT

28th March 2012MONTHLY AVERAGE

262.21 Cr.


279.76 Cr.

BENCHMARK

Crisil Composite Bond Fund Index

AVERAGE MATURITY*

3 yearsMODIFIED DURATION

*


8.43%


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

FUND MANAGER

Corporate Bond - 84.95%, Zero Coupon Bond - 6.72%, Total Money Market Instruments* - 4.77%, Government Bond - 2.09%, State Government Bond - 1.47%

BWR A1+(SO)/ CRISIL AAA/ BWR AAA/ CRISIL AAA(SO)/ & Equivalent - 41.40%

ICRA AA/ CRISIL AA/ CARE AA/ CARE AA(SO)/ IND AA - 29.21% CRISIL AA-/ BWR AA-(SO)/ CARE AA- -12.44% BWR A+(SO)/ CARE A+/ ICRA A+ - 8.35% ICRA AA+/ IND AA+- 5.05% SOV - 3.56%

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

tern

al R

ate

Sens

itivi

ty

High

Med

Low


FUND STYLE


PORTFOLIO

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

FACTSHEETAPRIL 2017

EXIT LOAD

If redeemed / switched-out within 12 months from the date of allot-mentFor 10% of investment : NilFor remaining investment : 1%If redeemed/switched out after 12 months from the date of allotment : Nil (w.e.f. 30th June 2016)


1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)




Inception date

Date ofInception

Axis Regular Savings Fund - Growth 10.33% 10.57% 9.40% 9.45% 15,834

28-Mar-12Crisil Composite Bond Fund Index (Benchmark) 10.07% 10.93% 9.28% 9.31% 15,726Crisil 10 Year Gilt Index (Additional Benchmark) 9.64% 10.76% 8.51% 8.44% 15,103Axis Regular Savings Fund - Direct Plan - Growth 11.04% 11.61% - 10.14% 15,159

07-Jan-13Crisil Composite Bond Fund Index (Benchmark) 10.07% 10.93% - 9.16% 14,585Crisil 10 Year Gilt Index (Additional Benchmark) 9.64% 10.76% - 7.63% 13,723Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. The performance data for 5 years period has not been provided for scheme/plan not in existence for 5 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 5th November 2012 and he manages 46 schemes of Axis Mutual Fund. Please refer to annexure on Page 29 for performance of all schemes managed by the fund manager.

DIVIDENDS

16

(AN OPEN-ENDED DEBT SCHEME)

AXIS REGULAR SAVINGS FUND

Note: Note: The scheme was reanamed earlier known as Axis Income Fund and was renamed w.e.f. April 10, 2017.


PORTFOLIO

RATING % OF ASSETS

TOTAL DEBT 91.60CORPORATE BOND 66.72Power Finance Corporation Limited CRISIL AAA 9.83Nirma Ltd CRISIL AA 4.38Muthoot Finance Limited CRISIL AA 3.66NABARD CRISIL AAA 3.25Rural Electrification Corporation Limited

CRISIL AAA 3.24

Nirchem Cement Limited CRISIL AA 2.77ECL Finance Ltd ICRA AA 2.50Reliance Jio Infocomm Limited CRISIL AAA 2.33Hinduja Leyland Finance Ltd CARE A+ 2.29ICICI Bank Limited ICRA AA+ 2.20Oriental Nagpur Betul Highway Limited

CRISIL AAA(SO)

2.18

Birla Corporation Limited ICRA AA 2.18Tube Investments of India Limited CRISIL AA 2.17Cyquator Media Services Private Limited#

BWR A1+(SO)

2.08


CRISIL AAA 1.97

JK Lakshmi Cement Limited CARE AA 1.89UPL Limited BWR AA+ 1.69Dewan Housing Finance Corporation Limited

BWR AAA 1.65

Ujjivan Small Finance Bank Ltd ICRA A+ 1.64Cholamandalam Investment and Finance Company Limited

ICRA AA 1.55

IndoStar Capital Finance Ltd CARE AA- 1.38Hansdeep Industries & Trading Co. Ltd. CARE AA(SO) 1.28

Shriram Transport Finance Company Limited

CRISIL AA+ 1.28

India Infoline Finance Ltd ICRA AA 1.24Indiabulls Housing Finance Limited BWR AAA 1.22LIC Housing Finance Limited CRISIL AAA 1.21JM Financial Products Ltd CRISIL AA 0.87Adani Transmission Limited IND AA+ 0.83HDFC Limited CRISIL AAA 0.83Tata Motors Limited CARE AA+ 0.58Tata Power Company Limited ICRA AA 0.50IDFC Bank Limited ICRA AAA 0.06STATE GOVERNMENT BOND Sovereign 12.13ZERO COUPON BOND 11.09Adani Power Limited BWR AA-(SO) 2.35Amri Hospitals Ltd## BWR A+(SO) 2.01Tata Motors Finance Ltd CRISIL AA 1.69SVL Ltd. ICRA AA(SO) 1.51Dewan Housing Finance Corporation Limited

CARE AAA 1.46

Edelweiss Commodities Services Ltd CARE AA 0.73Dev Infracity Pvt Ltd~ IND AA-(SO) 0.59Cholamandalam Investment and Finance Company Limited

ICRA AA 0.41

India Infoline Finance Ltd ICRA AA 0.34GOVERNMENT BOND Sovereign 1.66TOTAL MONEY MARKET INSTRUMENTS^ 3.47

BANKS 3.19HDFC Bank Limited CARE A1+ 3.19OTHERS 0.27Edelweiss Commodities Services Ltd 0.27NET CURRENT ASSETS 4.94NET ASSETS 100%^Certificate of Deposit/Commercial Paper/ ~ Secured by shares of Emami Ltd/ # Secured by shares of Zee Entertainment Enterprises Ltd/ ##Secured by shares of Emami Ltd

DATE OF ALLOTMENT

15th July 2014MONTHLY AVERAGE

1,793.34 Cr.


1,832.83 Cr.

BENCHMARK


AVERAGE MATURITY*


*


8.04%



FUND MANAGER

Corporate Bond - 66.72% State Government Bond -12.13% Zero Coupon Bond - 11.09% Total Money Market Instruments* - 8.40% Government Bond - 1.66%

CRISIL A1+/ CARE A1+/ BWR A1+(SO)/ CRISIL AAA/ CARE AAA/ BWR AAA/ ICRA AAA/ CRISIL AAA(SO) & Equivalent - 39.72%

ICRA AA/ CRISIL AA/ CARE AA/ ICRA AA(SO)/ CARE AA(SO) - 29.66% SOV - 13.79% CRISIL AA+/ CARE AA+/ ICRA AA+/ IND AA+/

BWR AA+ - 6.57% BWR A+(SO)/ ICRA A+/ CARE A+ - 5.94% IND AA-(SO)/ CARE AA-/ BWR AA-(SO) - 4.32%


Inte

rnal

Rat

e Se

nsiti

vity

High

Med

Low


FUND STYLE


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

AXIS FIXED INCOME OPPORTUNITIES FUND FACTSHEETAPRIL 2017

(AN OPEN-ENDED DEBT SCHEME)

EXIT LOAD

For 30% of investment: Nil For remaining investment: 1.5% if redeemed/switched out within 1 year, 1% if redeemed/switched out after 1 year and upto 2 years, 0.5% if redeemed/switched out after 2 years and upto 3 years from the date of allotment (w.e.f. 14th December 2015)


1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)




Inception date

Date ofInception

Axis Fixed Income Opportunities Fund - Growth 8.65% - - 9.50% 12,879

15-Jul-14CRISIL Short-Term Bond Fund Index (Benchmark) 8.69% - - 9.10% 12,749

CRISIL 1 Year T-Bill (Additional Benchmark) 6.63% - - 7.66% 12,285Axis Fixed Income Opportunities Fund - Direct Plan - Growth 10.08% - - 10.66% 13,264

15-Jul-14CRISIL Short-Term Bond Fund Index (Benchmark) 8.69% - - 9.10% 12,749

CRISIL 1 Year T-Bill (Additional Benchmark) 6.63% - - 7.66% 12,285Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 3 years & 5 years period has not been provided, since scheme is in existence for less than 3 years.Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since inception and he manages 46 schemes. Please refer to annexure on Page 29 for performance of all schemes managed by the fund manager.

DIVIDENDS


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Monthly DividendApr 25, 2017 0.0426 0.0395 10.1803 10.1213 0.0483 - 10.1241 10.0571Mar 27, 2017 0.0330 0.0305 10.1623 10.1167 0.0399 - 10.1061 10.0508Feb 27, 2017 0.0363 0.0336 10.1672 10.1169 0.0442 - 10.1127 10.0514

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10.* For instruments with put/call option, the put/call date has been taken as the maturity date.& The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.

17


EXIT LOAD

PORTFOLIO

% OF ASSETS

TOTAL DEBT 97.56

GOVERNMENT BOND 97.56

7.68% GOI 32.03

8.28% GOI 15.35

7.61% GOI 11.83

7.59% GOI 10.12

6.79% GOI 9.18

8.60% GOI 8.62

8.20% GOI 3.64

8.83% GOI 2.50

7.35% GOI 2.32

8.40% GOI 1.96


NET ASSETS 100%

DATE OF ALLOTMENT

23rd January 2012

MONTHLY AVERAGE

86.98 Cr.


86.94 Cr.

BENCHMARK

Crisil 10 Year Gilt Index

AVERAGE MATURITY*

9 yearsMODIFIED DURATION*

6 yearsPORTFOLIO YIELD (YIELD TO MATURITY&)

7.19%


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

FUND MANAGER

Government Bond - 97.56%, Total Money Market Instruments* - 2.44%

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

Inte

rnal

Rat

e Se

nsiti

vity High

Med

Low


FUND STYLE


INVESTMENT OBJECTIVE: To generate returns similar to that of 10 year government bonds.

AXIS CONSTANT MATURITY 10 YEAR FUND(AN OPEN-ENDED GILT SCHEME)

FACTSHEETAPRIL 2017

NIL


1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)




Inception date

Date ofInception

Axis Constant Maturity 10 Year Fund - Growth 9.05% 10.34% 8.06% 7.47% 14,615

23-Jan-12Crisil 10 Year Gilt Index (Benchmark) 9.64% 10.76% 8.51% 7.87% 14,899Axis Constant Maturity 10 Year Fund - Direct Plan - Growth 9.61% 10.89% - 8.07% 13,984

Crisil 10 Year Gilt Index (Benchmark) 9.64% 10.76% - 7.78% 13,826 01-Jan-13Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. The performance data for 5 years period has not been provided for scheme/plan not in existence for 5 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 5th November 2012 and he manages 46 schemes. Please refer to annexure on Page 29 for performance of all schemes managed by the fund manager.

DIVIDENDS


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Half Yearly Dividend

Mar 27, 2017 0.3611 0.3346 11.9797 11.4797 - - - -Sep 26, 2016 0.1806 0.1673 11.9880 11.7380 - - - -Mar 28, 2016 0.3611 0.3345 11.5547 11.0547 0.3611 0.3345 11.7019 11.2019Jan 25, 2017 0.1120 0.1540 10.2619 10.1068 0.1153 - 10.2694 10.1098Dec 26, 2016 0.0632 0.0883 10.1460 10.0584 0.0666 - 10.1537 10.0615

Regular Dividend Nov 25, 2016 0.2295 0.3169 10.8078 10.4900 0.2329 - 10.8159 10.4934Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund. Half yearly dividend disclosed above are since the inception of the fund. Regular dividends disclosed above are for the last 3 months. * For instruments with put/call option, the put/call date has been taken as the maturity date.& The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.

18


PORTFOLIO

RATING % OF ASSETS

Total Debt 51.03

Corporate Bond 51.03


CRISIL AAA 10.85


NABARD CRISIL AAA 9.03

Indiabulls Housing Finance Limited BWR AAA 4.79

Mahindra Rural Housing Finance IND AA+ 4.09

Small Industries Dev Bank of India CARE AAA 3.84

LIC Housing Finance Limited CRISIL AAA 3.31

Dewan Housing Finance Corporation Limited

BWR AAA 2.65


CRISIL AAA 1.70


TOTAL MONEY MARKET INSTRUMENTS^ 45.81

BANKS 34.40

HDFC Bank Limited CARE A1+ 10.51

Kotak Mahindra Bank Limited CRISIL A1+ 8.13

ICICI Bank Limited ICRA A1+ 8.01

IndusInd Bank Limited CRISIL A1+ 7.74

OTHERS 11.42

Export Import Bank of India CRISIL A1+ 6.54

Small Industries Dev Bank of India CARE A1+ 4.06

NABARD CRISIL A1+ 0.82


NET ASSETS 100%

^Certificate of Deposit/Commercial Paper

DATE OF ALLOTMENT

8th June 2012MONTHLY AVERAGE

604.99 Cr.


610.81 Cr.

BENCHMARK


AVERAGE MATURITY*

404 daysMODIFIED DURATION*


6.91%



FUND MANAGER

Corporate Bond - 51.03% Total Money Market Instruments* - 48.97%

ICRA A1+/ CRISIL A1+/ CARE A1+/ CRISIL AAA/ CARE AAA/ BWR AAA & Equivalent - 95.09%

ICRA AA+/ IND AA+ - 4.91%


Inte

rnal

Rat

e Se

nsiti

vity

High

Med

Low


FUND STYLE

Credit Risk Rating[ICRA] AAAmfs$


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

AXIS BANKING & PSU DEBT FUND(AN OPEN-ENDED DEBT SCHEME)

FACTSHEETAPRIL 2017

NIL (w.e.f. 14th July 2014)

EXIT LOAD


1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)




Inception date

Date ofInception

Axis Banking & PSU Debt Fund - Growth 7.86% 8.49% - 8.70% 15,038

08-Jun-12Crisil Short Term Bond Fund Index (Benchmark) 8.69% 9.18% - 9.06% 15,282Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% - 7.37% 14,157Axis Banking & PSU Debt Fund - Direct Plan - Growth 8.05% 8.68% - 8.79% 14,394

01-Jan-13Crisil Short Term Bond Fund Index (Benchmark) 8.69% 9.18% - 9.04% 14,536Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% - 7.33% 13,575Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 1,000 invested at inception. The scheme is in existence for less than 5 years, hence performance for 5 years period are not provided. The performance data for 5 years period has not been provided for scheme/plan not in existence for 5 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Aditya Pagaria is managing the scheme since 13th August 2016 and he manages 3 schemes. Please refer to annexure on Page 28-29 for performance of all schemes managed by the fund manager.

DIVIDENDS


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Monthly DividendApr 25, 2017 4.3868 - 1,013.5348 1,007.4611 4.4824 - 1,013.6682 1,007.4622Mar 27, 2017 3.1732 - 1,011.8545 1,007.4611 3.2688 - 1,011.9880 1,007.4622Feb 27, 2017 3.8926 - 1,012.8506 1,007.4611 4.0068 - 1,013.0101 1,007.4622


19

Quick Take - Equity

•

•

•

Equity market valuations are broadly reasonable.

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

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

Indian equity markets were up 1.5 percent during the month of April. Midcap returns were also positive during the month as indicated by the BSE Midcap Index which delivered 5.4 percent.

Market sentiment was helped by record buying by foreign investors in March and continued flows into April. April flows by Foreign Portfolio investors in equity and debt markets were at US$ 0.4 and 3.1 billion respectively. Simultaneously, flows into domestic funds have remained strong over the last several months.

Headline consumer price index (CPI) stayed flattish at 3.7% over previous month. Food inflation was at a 4-month high of 2.5%. Manufacturing sentiment for the month of April remained flat vis-a-vis March. Both manufacturing and services have rebounded from the demonetisation hit.

High frequency data showed mixed results, with growth indicators still not broad-based. Personal vehicle sales rose during March to 10% (Y-o-Y). The most positive data from March was a surge in trade. Exports in absolute dollar terms showed robust growth (M-o-M). Domestic consumption (ex oil, ex gold) linked imports picked up substantially over the pace of the last three months. Surge in imports of machinery, industrial chemicals and electronic goods indicate demand recovery.

Overall, the rural economy has not recovered completely as yet, from demonetisation as cash in circulation is still below the demonetisation level. In this context, the normal monsoon forecast for 2017 season and normal water storage levels as opposed to a deficiency last year, bode well for the coming months from a base year perspective.

As per tax officials, the transition of tax payers to GST is progressing well with 71% of the indirect tax payer base (state and central combined) having already registered on the GST Network. The target date for GST implementation is 1 July – the actual date is likely to be announced shortly.

Big policy reforms are long-term positive, but impact short-term earnings. While 2HFY17 has seen the adverse impact of demonetization on earnings of select consumer-oriented sectors, FY18 could have some disruption from GST implementation. Having said that, results were off to a decent start with the earnings season for the fourth quarter kicking in.

Quick Take - Fixed Income

•

••

RBI maintains a pause in policy rate. Narrows corridor to address liquidity impact on short-term yields.Limited room for rate cuts from here.Investor should look to invest in short to medium term funds as a core portfolio allocation. Investors who wish to participate in long bonds can look to do so through dynamic bond funds.10 yr G-Sec : Last 1 year

7.44%

6.96%

18.5%

Key highlights

HYBRIDOUTLOOK

MAY 2017

20


PORTFOLIO

RATING % OF ASSETS

TOTAL DEBT 30.89TOTAL FIXED DEPOSIT 3.69CORPORATE BOND 19.17Reliance Jio Infocomm Limited CRISIL AAA 3.48Cholamandalam Investment and Finance Company Limited ICRA AA 3.06Power Finance Corporation Limited CRISIL AAA 3.05HDFC Limited CRISIL AAA 3.04Dewan Housing Finance Corporation Limited BWR AAA 1.38Rural Electrification Corporation Limited CRISIL AAA 1.36Power Grid Corporation of India Limited CRISIL AAA 1.06ICICI Bank Limited ICRA AA+ 0.69Cyquator Media Services Private Limited# BWR A1+(SO) 0.68Ujjivan Small Finance Bank Ltd ICRA A+ 0.68NABARD CRISIL AAA 0.68GOVERNMENT BOND Sovereign 5.41ZERO COUPON BOND 2.62Amri Hospitals Ltd BWR A+(SO) 1.44Tata Motors Finance Ltd CRISIL AA 1.18TOTAL EQUITY 66.08TOTAL UNHEDGED EQUITY 43.90AUTO 2.14Maruti Suzuki India Limited 2.14AUTO ANCILLARIES 2.19Motherson Sumi Systems Limited 2.19BANKS 5.89HDFC Bank Limited 2.81ICICI Bank Limited 0.41Kotak Mahindra Bank Limited 2.27State Bank of India 0.41CEMENT 2.46Shree Cements Limited 2.46CHEMICALS 1.37Pidilite Industries Limited 1.37CONSTRUCTION PROJECT 1.44Larsen & Toubro Limited 1.44CONSUMER DURABLES 2.85Symphony Limited 1.99TTK Prestige Limited 0.86CONSUMER NON DURABLES 2.14Britannia Industries Limited 1.26Nestle India Limited 0.88FINANCE 10.42Bajaj Finance Limited 1.93Cholamandalam Investment and Finance Company Limited 2.19HDFC Limited 2.84Multi Commodity Exchange of India Limited 1.33Sundaram Finance Limited 2.13GAS 1.71GAIL (India) Limited 0.35Petronet LNG Limited 1.36INDUSTRIAL CAPITAL GOODS 1.69Bharat Electronics Limited 0.67Siemens Limited 1.01INDUSTRIAL PRODUCTS 2.55Astral Poly Technik Limited 0.86Cummins India Limited 1.69MEDIA & ENTERTAINMENT 1.16S Chand And Company Limited 1.16PESTICIDES 1.19PI Industries Limited 1.19PETROLEUM PRODUCTS 2.34Indian Oil Corporation Limited 1.80Reliance Industries Limited 0.53PHARMACEUTICALS 0.51Sun Pharmaceutical Industries Limited 0.51POWER 1.16Torrent Power Limited 1.16TELECOM - EQUIPMENT & ACCESSORIES 0.71Astra Microwave Products Limited 0.71TOTAL HEDGED EQUITY 22.18DLF Limited 0.13Asian Paints Limited 1.47Tata Motors Limited 0.97HDFC Limited 0.59The Federal Bank Limited 0.65Tata Chemicals Limited 0.54Reliance Industries Limited 5.73Reliance Capital Limited 1.92Indiabulls Housing Finance Limited 0.06Divi's Laboratories Limited 0.04Britannia Industries Limited 0.06Sun Pharmaceutical Industries Limited 0.12Power Grid Corporation of India Limited 1.14Maruti Suzuki India Limited 0.13ITC Limited 0.60Glenmark Pharmaceuticals Limited 0.13Equitas Holdings Limited 0.84Dewan Housing Finance Corporation Limited 2.71Century Textiles & Industries Limited 1.88Bharat Electronics Limited 0.56IDFC Bank Limited 0.41IDFC Limited 0.18Bharat Financial Inclusion Limited 0.61BEML Limited 0.16Zee Entertainment Enterprises Limited 0.56DEBT, CASH & OTHER RECEIVABLES 3.03

NET ASSET 100% # Secured by shares of Zee Entertainment Enterprises Ltd

DATE OF ALLOTMENT

14th August 2015MONTHLY AVERAGE

738.66 Cr.


732.54 Cr.

BENCHMARK

Crisil MIP Blended Fund

Index

Mr. Anupam TiwariWork experience: 10 years.

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



FUND MANAGER

Unhedged Equity - 43.90%

Debt, Cash and Other Receivables - 33.92%

Hedged Equity - 22.18%

BWR A1+(SO)/ CRISIL AAA/ BWR AAA & Equivalent - 17.77%

SOV - 5.41% ICRA AA/ CRISIL AA - 4.24% BWR A+(SO)/ ICRA A+ - 2.12% ICRA AA+ - 0.69%


FUND STYLE

Low MidDuration

High

*Hedged Equity/ Cash-futures arbitrage

Ass

et C

lass

Equity

Debt

Equity Arbitrage

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

AXIS EQUITY SAVER FUND(AN OPEN-ENDED EQUITY SCHEME)

FACTSHEETAPRIL 2017

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

EXIT LOAD


1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)




Inception date

Date ofInception

Axis Equity Saver Fund - Growth 11.25% - - 6.30% 11,10014-Aug-15CRISIL MIP Blended Index (Benchmark) 11.42% - - 9.30% 11,639

Nifty 50 (Additional Benchmark) 18.58% - - 5.30% 10,922Axis Equity Saver Fund - Direct Plan - Growth 12.54% - - 7.65% 11,340

14-Aug-15CRISIL MIP Blended Index (Benchmark) 11.42% - - 9.30% 11,639Nifty 50 (Additional Benchmark) 18.58% - - 5.30% 10,922Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 3 years & 5 years period has not been provided, since scheme is in existence for less than 3 years.Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Anupam Tiwari is managing the scheme since 6th October 2016 and he manages 4 schemes & R. Sivakumar is managing the scheme since inception and he manages 5 schemes. Please refer to annexure on Page 28 & 29 for performance of all schemes managed by the fund managers.

DIVIDENDS


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Apr 25, 2017 0.0625 0.0625 10.7025 10.6400 0.0625 0.0625 10.8925 10.8300

Monthly DividendApr 06, 2017 0.0625 0.0625 10.6225 10.5600 0.0625 0.0625 10.8925 10.8300Feb 20, 2017 0.0130 0.0130 10.3330 10.3200 0.0520 0.0520 10.5320 10.4800Apr 06, 2017 0.1875 0.1875 10.7675 10.5800 0.1875 0.1875 10.9575 10.7700

Quarterly Dividend Nov 02, 2016 0.0625 0.0625 10.3825 10.3200 0.0625 0.0625 10.5525 10.4900Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund. @ Based on debt portfolio only. * For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio. #Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.

21

AVERAGE MATURITY@*


@*


7.63%PORTFOLIO TURNOVER# (1 YEAR)

5.76 times


PORTFOLIO

RATING % OF ASSETSTOTAL DEBT 65.98CORPORATE BOND 56.67Power Finance Corporation Limited CRISIL AAA 11.42Rural Electrification Corporation Limited CRISIL AAA 11.11NABARD CRISIL AAA 9.04Reliance Jio Infocomm Limited CRISIL AAA 5.25IDFC Bank Limited ICRA AAA 3.73Mahindra & Mahindra Financial Services Limited

IND AAA 3.72

National Highways Auth Of Ind CRISIL AAA 2.98Tata Sons Ltd CRISIL AAA 1.86L&T Finance Ltd CARE AA+ 1.50Nirchem Cement Limited CRISIL AA 1.50Cholamandalam Investment and Finance Company Limited

ICRA AA 1.50

LIC Housing Finance Limited CRISIL AAA 1.19SRF Limited IND AA 1.00HDFC Limited CRISIL AAA 0.84Blue Dart Express Limited ICRA AA 0.02ZERO COUPON BOND 9.31SVL Ltd. ICRA AA(SO) 4.65Dev Infracity Pvt Ltd~ IND AA-(SO) 2.50India Infoline Finance Ltd ICRA AA 1.95Dewan Housing Finance Corporation Limited

CARE AAA 0.18

Shriram Transport Finance Company Limited IND AA+ 0.04TOTAL EQUITY 27.28FINANCE 4.06

HDFC Limited 1.59

Bajaj Finance Limited 0.85Cholamandalam Investment and Finance Company Limited

0.84

Multi Commodity Exchange of India Limited 0.78BANKS 3.61HDFC Bank Limited 2.17Kotak Mahindra Bank Limited 1.44AUTO ANCILLARIES 3.60Motherson Sumi Systems Limited 1.28Endurance Technologies Limited 0.87Amara Raja Batteries Limited 0.79WABCO India Limited 0.66AUTO 2.92Eicher Motors Limited 1.19Maruti Suzuki India Limited 1.03Tata Motors Limited 0.70CEMENT 1.81Shree Cements Limited 0.99JK Lakshmi Cement Limited 0.82TRANSPORTATION 1.68Blue Dart Express Limited 0.93Container Corporation of India Limited 0.75PESTICIDES 1.65PI Industries Limited 0.89UPL Limited 0.76CONSUMER NON DURABLES 1.65Asian Paints Limited 0.83Nestle India Limited 0.82PHARMACEUTICALS 1.12Lupin Limited 0.59Sun Pharmaceutical Industries Limited 0.52CHEMICALS 0.81Pidilite Industries Limited 0.81INDUSTRIAL PRODUCTS 0.81Cummins India Limited 0.81TEXTILE PRODUCTS 0.80Page Industries Limited 0.80MEDIA & ENTERTAINMENT 0.66Zee Entertainment Enterprises Limited 0.66POWER 0.53Torrent Power Limited 0.53SOFTWARE 0.52Info Edge (India) Limited 0.52Other Equity (less than 0.50% of the corpus) 1.06

NET CURRENT ASSETS 6.74NET ASSETS 100%^Certificate of Deposit/Commercial Paper/~ Secured by shares of Emami Ltd

DATE OF ALLOTMENT

16th July 2010MONTHLY AVERAGE

677.72 Cr.


675.57 Cr.

BENCHMARK

Crisil MIP Blended Fund Index

AVERAGE MATURITY@*


@*


7.48%

Mr. Jinesh GopaniWork experience: 14 years.

He has been managing this fund since 02nd September 2013

Mr. Ashish NaikWork experience: 10 years.

He has been managing this fund since 22nd June 2016

FUND MANAGER

Debt - 72.72%, Equity - 27.28%

CRISIL AAA/ CARE AAA/ ICRA AAA/ IND AAA & Equivalent - 58.07% ICRA AA/ CRISIL AA/ ICRA AA(SO)/ IND AA - 10.61% IND AA-(SO) - 2.50% CARE AA+/ IND AA+ - 1.54%


Ass

et C

lass

Equity

Debt

EquityArbitrage

Low Mid HighDuration

FUND STYLE


He has been managing this fund since 07th June 2016


INVESTMENT OBJECTIVE: To generate regular income through investments in debt & money market instruments, along with capital appreciation through limited exposure to equity and equity related instruments. It also aims to manage risk through active asset allocation.

AXIS INCOME SAVER(AN OPEN-ENDED INCOME FUND)

FACTSHEETAPRIL 2017

If redeemed/switch out within 12 months from the date of allotment:- For 10% of investment : Nil - For remaining investment : 1%If redeemed/switch out after 12 months from the date of allotment: Nil (w.e.f. 15th June 2015)

EXIT LOAD


1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)




Inception date

Date ofInception

Axis Income Saver - Growth 8.59% 10.72% 9.91% 8.46% 17,354

16-Jul-10Crisil MIP Blended Fund Index (Benchmark) 11.42% 11.17% 9.85% 8.71% 17,627CRISIL 10 year Gilt Index (Additional Benchmark) 9.64% 10.76% 8.51% 7.09% 15,923

Axis Income Saver - Direct Plan - Growth 10.11% 12.35% - 10.92% 15,641

04-Jan-13Crisil MIP Blended Fund Index (Benchmark) 11.42% 11.17% - 9.54% 14,818CRISIL 10 year Gilt Index (Additional Benchmark) 9.64% 10.76% - 7.68% 13,760Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. The performance data for 5 years period has not been provided for scheme/plan not in existence for 5 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Jinesh Gopani is managing the scheme since 2nd September 2013 and he manages 3 schemes, Devang Shah is managing the scheme since 7th June 2016 and he manages 46 schemes & Ashish Naik is managing the scheme since 22nd June 2016 and he manages 3 schemes. Please refer to annexure on Page 28 & 29 for performance of all schemes managed by the fund managers. Scheme Performance may not be strictly comparable with that of its additional benchmark in view of hybrid nature of the scheme.


Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

OthersIndividuals/

HUFOthers

Annual Dividend

Mar 27, 2017 0.7223 0.6692 12.5556 11.5556 0.5417 0.5019 12.7860 12.0360Mar 28, 2016 0.7222 0.6691 12.5739 11.5739 0.7222 0.6691 12.6583 11.6583Mar 25, 2015 0.3629 0.3365 12.6035 12.1035 0.3629 0.3365 12.5849 12.0849Mar 25, 2014 0.3117 0.2985 10.9526 10.5526 - - - -

Half Yearly Dividend Mar 27, 2017 0.3611 0.3346 11.6071 11.1071 0.3611 0.3346 12.0977 11.5977Sep 26, 2016 0.3611 0.3346 11.9394 11.4394 0.3611 0.3346 12.3576 11.8576Mar 28, 2016 0.3611 0.3345 11.6671 11.1671 0.3611 0.3345 11.9950 11.4950

Quarterly Dividend

Sep 28, 2015 0.3611 0.3345 12.0570 11.5570 0.3611 0.3345 12.3170 11.8170Mar 27, 2017 0.1806 0.1673 11.0673 10.8173 0.1806 0.1673 13.1368 12.8868Dec 26, 2016 0.1805 0.1672 10.8652 10.6152 0.1805 0.1672 12.8150 12.5650Sep 26, 2016 0.1806 0.1673 11.4144 11.1644 0.1806 0.1673 13.3820 13.1320

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund. Half Yearly Dividends disclosed above are for the last 2 Years. Quarterly Dividends disclosed above are for the last 3 quarters. @ Based on debt portfolio only. * For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.

DIVIDENDS

22


PORTFOLIO

RATING % OF ASSETSTOTAL DEBT 31.89TOTAL FIXED DEPOSIT 5.02


Power Finance Corporation Limited CRISIL AAA 10.09HDFC Limited CRISIL AAA 2.74Cholamandalam Investment and Finance Company Limited ICRA AA 0.68

GOVERNMENT BOND Sovereign 13.36TOTAL EQUITY 65.57TOTAL UNHEDGED EQUITY 58.42AUTO 5.53Mahindra & Mahindra Limited 1.08Maruti Suzuki India Limited 3.05Tata Motors Limited 1.39AUTO ANCILLARIES 3.08Motherson Sumi Systems Limited 3.08BANKS 11.78City Union Bank Limited 1.33HDFC Bank Limited 4.75ICICI Bank Limited 2.39Kotak Mahindra Bank Limited 3.30CEMENT 0.75Ambuja Cements Limited 0.75CHEMICALS 1.08Pidilite Industries Limited 1.08CONSTRUCTION PROJECT 2.36Larsen & Toubro Limited 2.36CONSUMER NON DURABLES 3.06Asian Paints Limited 1.88ITC Limited 1.18FERROUS METALS 0.55Tata Steel Limited 0.55FINANCE 9.38Bajaj Finance Limited 2.16Cholamandalam Investment and Finance Company Limited 1.54

CRISIL Limited 0.80HDFC Limited 3.63Sundaram Finance Limited 1.24GAS 1.07Indraprastha Gas Limited 1.07INDUSTRIAL CAPITAL GOODS 0.89Siemens Limited 0.89INDUSTRIAL PRODUCTS 2.89Carborundum Universal Limited 0.99Cummins India Limited 1.91MEDIA & ENTERTAINMENT 1.78Zee Entertainment Enterprises Limited 1.78PESTICIDES 1.20UPL Limited 1.20PETROLEUM PRODUCTS 1.29Gulf Oil Lubricants India Limited 1.29PHARMACEUTICALS 5.98Cadila Healthcare Limited 1.76Sanofi India Limited 1.48Sun Pharmaceutical Industries Limited 1.30Torrent Pharmaceuticals Limited 1.44POWER 1.00Torrent Power Limited 1.00SOFTWARE 1.56Info Edge (India) Limited 0.93Tech Mahindra Limited 0.63TEXTILE PRODUCTS 2.66Page Industries Limited 1.25SRF Limited 1.41TRANSPORTATION 0.54Gujarat Pipavav Port Limited 0.54TOTAL HEDGED EQUITY 7.15HDFC Limited 2.18Tata Motors Limited 0.18Reliance Capital Limited 0.54Mahindra & Mahindra Limited 0.32Hindalco Industries Limited 0.40Aurobindo Pharma Limited 1.23Dish TV India Limited 0.58IDFC Limited 0.50Century Textiles & Industries Limited 0.08Bharat Financial Inclusion Limited 1.14DEBT, CASH & OTHER RECEIVABLES 2.54NET ASSETS 100%

DATE OF ALLOTMENT

08th December 2015

MONTHLY AVERAGE

291.71 Cr.


296.14 Cr.

BENCHMARK

50% Nifty 50 + 50% Crisil

Composite Bond Fund Index

AVERAGE MATURITY@*


@*


7.27%


He has been managing this fund since 6th July 2016


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

FUND MANAGER

Unhedged Equity - 58.42%, Debt, Cash and Other Receivables - 34.43%, Hedged Equity - 7.15%.

CRISIL AAA/ & Equivalent - 15.36% SOV - 13.36% ICRA AA - 0.68%

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

sset

Cla

ss

Equity

Debt

EquityArbitrage

Large MidDuration

High

*Hedged Equity/ Cash-futures arbitrage

FUND STYLE

AXIS CHILDREN’S GIFT FUND(AN OPEN-ENDED BALANCED SCHEME)

FACTSHEETAPRIL 2017

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

EXIT LOAD

3% is payable if Units are redeemed / switched out upto 1 year from the date of allotment,2% is payable if Units are redeemed / switched - out after 1 year and upto 2 years from the date of allotment, 1% is payable if are redeemed / switched-out after 2 years and upto 3 years from the date of allotment, NIL if Units are redeemed / switched-out after 3 years from the date of allotment

EXIT LOAD


1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)




Inception date

Date ofInception

Axis Childrens Gift Fund - Compulsory Lock-in - Regular Plan - Growth 10.29% - - 8.62% 11,218

08-Dec-1550% Nifty 50 + 50% Crisil Composite Bond Fund Index (Benchmark) 14.47% - - 12.59% 11,790

Nifty 50 (Additional Benchmark) 18.58% - - 14.58% 12,081Axis Childrens Gift Fund - Compulsory Lock-in - Direct Plan - Growth 12.09% - - 10.34% 11,465


Nifty 50 (Additional Benchmark) 18.58% - - 14.58% 12,081Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth 10.28% - - 8.62% 11,217


Nifty 50 (Additional Benchmark) 18.58% - - 14.58% 12,081Axis Childrens Gift Fund - No Lock-in - Direct Plan - Growth 12.45% - - 10.77% 11,527


Nifty 50 (Additional Benchmark) 18.58% - - 14.58% 12,081Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. Since inception returns for Axis Childrens Gift Fund - Compulsory Lock-in Regular Plan - Growth & Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth are calculated from 08th December 2015. The performance data for 3 years & 5 years period has not been provided, since scheme is in existence for less than 3 years.Different plans have different expense structure. Ashish Naik manages 3 schemes & R. Sivakumar manages 5 schemes. Please refer to annexure on Page 28 for performance of all schemes managed by the fund managers.@ Based on debt portfolio only. * For instruments with put/call option, the put/call date has been taken as the maturity date.& The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.

23


PORTFOLIO

RATING % OF ASSETS

TOTAL DEBT 34.42CORPORATE BOND 23.07Reliance Gas Transportation Infra-structure Ltd

CRISIL AAA 7.55


CRISIL AAA 6.42

Tata Power Company Limited CRISIL AA- 3.85Hindalco Industries Limited CRISIL AA- 3.27Power Finance Corporation Limited CRISIL AAA 1.12India Infrastructure Fin Co Ltd CRISIL AAA 0.86GOVERNMENT BOND Sovereign 11.35TOTAL EQUITY 36.54BANKS 7.36HDFC Bank Limited 3.28Kotak Mahindra Bank Limited 2.41ICICI Bank Limited 1.67FINANCE 6.04HDFC Limited 2.74Bajaj Finance Limited 1.09Gruh Finance Limited 1.02Max Financial Services Limited 0.61Cholamandalam Investment and Finance Company Limited

0.59

AUTO ANCILLARIES 3.79Motherson Sumi Systems Limited 1.15WABCO India Limited 1.07Amara Raja Batteries Limited 0.79Endurance Technologies Limited 0.77AUTO 2.89Eicher Motors Limited 1.51Maruti Suzuki India Limited 1.38CONSUMER NON DURABLES 2.54Asian Paints Limited 1.31ITC Limited 1.24CONSTRUCTION PROJECT 2.19Larsen & Toubro Limited 2.19TRANSPORTATION 1.74Container Corporation of India Limited

0.90

Blue Dart Express Limited 0.84PHARMACEUTICALS 1.63Sun Pharmaceutical Industries Limited 0.85Cadila Healthcare Limited 0.77CEMENT 1.53Shree Cements Limited 1.53INDUSTRIAL PRODUCTS 1.52Cummins India Limited 1.52CONSUMER DURABLES 1.43Blue Star Limited 1.43PESTICIDES 1.23PI Industries Limited 1.23POWER 1.04Torrent Power Limited 1.04SOFTWARE 1.00Info Edge (India) Limited 1.00INDUSTRIAL CAPITAL GOODS 0.55Siemens Limited 0.55Other Equity (less than 0.50% of the corpus) 0.07

EXCHANGE TRADED FUNDS 25.23Axis Gold ETF 25.23NET CURRENT ASSETS 3.81NET ASSETS 100%

DATE OF ALLOTMENT

23rd August 2010MONTHLY AVERAGE

336.86 Cr.


337.18 Cr.

BENCHMARK35% of Nifty 50 + 35% of Crisil

Composite Bond Fund Index + 30% Of

INR Price of Gold

AVERAGE MATURITY@*


@*


7.96%

Mr. R. Sivakumar Work experience: 18 years.

He has been managing the fund since 14th September 2010


He has been managing this fund since 22nd June 2016

FUND MANAGER

Debt* - 38.23%, Equity - 36.54%, ETFs - 25.23%

CRISIL AAA & Equivalent - 19.77% SOV - 11.35% CRISIL AA- - 7.11%


Ass

et C

lass

Equity

Debt

Gold

Low Mid HighDuration

FUND STYLE


INVESTMENT OBJECTIVE: To generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments, fixed income instruments & gold exchange traded funds.

AXIS TRIPLE ADVANTAGE FUND(AN OPEN - ENDED HYBRID FUND)

FACTSHEETAPRIL 2017

If redeemed/switch out within 12 months from the date of allotment:- For 10% of investment : Nil - For remaining investment : 1%If redeemed/switch out after 12 months from the date of allotment: Nil (w.e.f. 15th June 2015)

EXIT LOAD


1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)




Inception date

Date ofInception

Axis Triple Advantage Fund - Growth 9.17% 9.15% 8.42% 8.33% 17,078

23-Aug-1035% of Nifty 50 + 35% of Crisil Composite Bond Fund Index + 30% Of INR Price of Gold (Benchmark)

8.81% 8.72% 7.51% 8.13% 16,866

Crisil 10 Year Gilt Index (Additional Benchmark) 9.64% 10.76% 8.51% 7.47% 16,189Axis Triple Advantage Fund - Direct Plan Growth 10.76% 10.32% - 8.27% 14,097

01-Jan-1335% of Nifty 50 + 35% of Crisil Composite Bond Fund Index + 30% Of INR Price of Gold (Benchmark)

8.81% 8.72% - 6.71% 13,240

Crisil 10 Year Gilt Index (Additional Benchmark) 9.64% 10.76% - 7.78% 13,826Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. The performance data for 5 years period has not been provided for scheme/plan not in existence for 5 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above.R. Sivakumar is managing the scheme since 14th September 2010 and he manages 5 schemes & Ashish Naik is managing the scheme since 22nd June 2016 and he manages 3 schemes. Please refer to annexure on Page 28 for performance of all schemes managed by the fund managers. Scheme Performance may not be strictly comparable with that of its additional benchmark in view of hybrid nature of the scheme.

DIVIDENDS

Regular Plan

Options Record Date


(Cum Dividend)

NAV per unit

(Ex Dividend)

Individuals/ HUF

Others

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

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. @ Based on debt portfolio only. * For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.

24

Axis Equity Fund - Growth Option

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

Total Amount Invested 8,70,000 6,00,000 3,60,000 1,20,000Market value as on April 28, 2017 14,03,058 8,48,601 4,15,672 1,31,857Returns (Annualised) 12.95% 13.88% 9.62% 19.18%Benchmark Returns (Annualised) 10.17% 11.37% 8.75% 18.01%Additional Benchmark Returns (Annualised) 9.35% 10.25% 7.17% 16.09%

SIP PERFORMANCE OF SELECT SCHEMES (as on 28th April 2017)

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

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

Axis Long Term Equity Fund - Growth Option



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

Axis Midcap Fund - Growth Option



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

Axis Focused 25 Fund - Growth Option


Total Amount Invested 5,80,000 NA 3,60,000 1,20,000Market value as on April 28, 2017 8,93,664 NA 4,62,927 1,38,606Returns (Annualised) 18.02% NA 17.13% 30.54%Benchmark Returns (Annualised) 11.21% NA 8.75% 18.01%Additional Benchmark Returns (Annualised) 13.90% NA 11.76% 22.64%

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

Axis Equity Saver Fund - Growth Option

SIP Investments Since Inception SIP 1 Year SIP

Total Amount Invested 2,00,000 1,20,000Market value as on April 28, 2017 2,16,765 1,27,051Returns (Annualised) 9.64% 11.28%Benchmark Returns (Annualised) 10.08% 8.77%Additional Benchmark Returns (Annualised) 15.46% 18.01%

^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: CRISIL MIP Blended Index. Additional Benchmak: Nifty 50. Inception Date: August 14, 2015. This scheme is managed by Anupam Tiwari & R. Sivakumar. Please refer to the Annexure for returns of all the schemes managed by them.

Axis Triple Advantage Fund - Growth Option



^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: 35% Nifty 50+ 35% CRISIL Composite Bond Fund Index + 30% INR Price of Gold. Additional Benchmak: Crisil 10 Year Gilt Index. Inception Date: Aug 23, 2010. This scheme is managed by R. Sivakumar & Ashish Naik. Please refer to the Annexure for returns of all the schemes managed by them.

Axis Income Saver - Growth Option



^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: CRISIL MIP Blended Index. Additional Benchmak: CRISIL 10 year Gilt Index Inception Date: Jul 16, 2010. This scheme is managed by Devang Shah, Jinesh Gopani & Ashish Naik. Please refer to the Annexure for returns of all the schemes managed by them.SIP returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return)

25

NAV (as on 28th April 2017)

Fund Name


Growth Daily Dividend

Weekly Dividend

Monthly Dividend

Quartely Dividend

Half Yearly

Dividend

Annual Dividend

Bonus Growth Daily Dividend

Weekly Dividend

Monthly Dividend

Bonus Growth Daily Dividend

Weekly Dividend

Monthly Dividend

Quartely Dividend

Half Yearly

Dividend

Annual Dividend

Bonus

Axis Equity Fund 21.73 14.51 - - - - - - - - - 22.75 15.24 - - - - - -

Axis Focused 25 Fund

22.28 17.31 - - - - - - - - - 23.48 23.19 - - - - - -

Axis Long Term Equity Fund

35.56 20.80 - - - - - - - - - 37.41 31.87 - - - - - -

Axis Midcap Fund 28.76 22.41 - - - - - - - - - 30.29 26.04 - - - - - -

Axis Equity Saver Fund

11.10 10.78 - 10.63 10.72 - - - - - - 11.34 10.54 - 10.82 10.92 - - -

Axis Triple Advantage Fund

17.0776 13.9286 - - - - - - - - - 17.8862 15.4014 - - - - - -

Axis Income Saver 17.3544 - - - 10.9759 11.2699 11.7250 - - - - - - 18.4123 - - - 13.0877 11.7784 12.2235 -

Axis Constant Matu-rity 10 Year Fund

14.6145 9.9138 - - - 11.4528 - - - - - - - 14.9432 9.9298 - - - - - -

Axis Dynamic Bond Fund

16.9133 - - - 10.5577 10.7598 - - - - - - - 17.8050 - - - 11.1910 11.3427 - -

Axis Regular Savings Fund

15.8339 - - - 10.5810 10.9537 - - - - - - - 16.4613 - - - 11.1044 11.1579 - -

Axis Fixed Income Opportunities Fund

12.8788 - 10.1693 10.1206 - - - - - - - - - 13.2636 - 10.2509 10.0574 - - - -

Axis Short Term Fund 17.8452 11.9381 10.2453 10.1858 - - - 17.9474 17.6439 - 10.1537 10.0328 - 18.4783 11.2567 10.2458 10.0347 - - - -

Axis Banking & PSU Debt Fund

1503.7598 1008.0388 1007.5610 1007.5302 - - - - - - - - - 1515.4342 1008.0388 1007.5848 1007.5450 - - - 1515.8687

Axis Treasury Advantage Fund

1824.3684 1006.2334 1006.5427 1005.8187 - - - - 1714.8264 1005.4758 1005.1096 1005.7915 - 1855.7365 1007.2893 1005.2237 1005.8819 - - - -

Axis Liquid Fund 1807.6482 1000.8759 1003.1369 1001.4574 - - - - 1725.3049 1000.6413 1001.4798 1001.0147 - 1813.0110 1000.6413 1003.1506 1001.0983 - - - 1812.9036

Axis Enhanced Arbitrage Fund

11.9563 10.5067 - - - - - - - - - - - 12.2312 10.8478 - - - - - -

Axis Children’s Gift Fund No Lock-In

11.2165 11.2216 - - - - - - - - - - - 11.5266 11.4638 - - - - - -

Axis Children’s Gift Fund Compulsory Lock-In

11.2178 11.2224 - - - - - - - - - - - 11.4646 11.4637 - - - - - -

26

Fund Name Entry Load

Minimum Investment Amount (`)

Additional Purchase Amount (`)

Minimum SIP Amount (`)

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

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

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

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

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

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

Axis Income Saver NA 5,000/1 100/1 1,000/1

Axis Constant Maturity 10 Year Fund

NA 5,000/1 100/1 1,000/1

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

Axis Regular Savings Fund NA 5,000/1 100/1 1,000/1

Axis Fixed Income Opportunities Fund

NA 5,000/1 100/1 1,000/1

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

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

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

Axis Liquid Fund NA Growth Option: `500 and in

multiples of ` 1/- thereafterAll other

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

Growth Option: ` 500 and in

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

multiples of ` 1/- thereafter

-

Axis Enhanced Arbitrage Fund NA 5,000/1 100/1 1,000/1

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

LOAD STRUCTURE & MINIMUM INVESTMENT AMOUNT DETAILS

Please refer to the website for current load structure

27

1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)

Since InceptionCAGR (%)

Current Value of Investment if ` 10,000 was invested on inception

dateDate of inception

FUNDS MANAGED BY SHREYASH DEVALKAR (TOTAL SCHEMES MANAGED : 2 SCHEMES)Axis Equity Fund - Growth 15.63% 14.32% 15.87% 11.19% 21,730

05-Jan-10Nifty 50 (Benchmark) 18.58% 11.60% 12.14% 8.06% 17,628S&P BSE Sensex (Additional Benchmark) 16.89% 10.11% 11.56% 7.45% 16,916Axis Equity Fund - Direct Plan - Growth@@ 16.78% 15.55% - 15.55% 18,678

01-Jan-13Nifty 50 (Benchmark) 18.58% 11.60% - 10.89% 15,635S&P BSE Sensex (Additional Benchmark) 16.89% 10.11% - 10.30% 15,279Axis Midcap Fund - Growth 19.54% 22.67% 22.15% 18.59% 28,760

18-Feb-11S&P BSE Midcap (Benchmark) 34.12% 26.45% 18.58% 13.75% 22,214Nifty 50 (Additional Benchmark) 18.58% 11.60% 12.14% 8.99% 17,044Axis Midcap Fund - Direct Plan - Growth@@ 20.93% 24.17% - 20.16% 22,126

01-Jan-13S&P BSE Midcap (Benchmark) 34.12% 26.45% - 18.14% 20,560Nifty 50 (Additional Benchmark) 18.58% 11.60% - 10.89% 15,635

FUNDS MANAGED BY JINESH GOPANI (TOTAL SCHEMES MANAGED : 5 SCHEMES)Axis Long Term Equity Fund - Growth* 19.60% 22.65% 22.69% 18.88% 35,557

29-Dec-09S&P BSE 200 (Benchmark) 22.99% 14.97% 13.83% 8.97% 18,780Nifty 50 (Additional Benchmark) 18.58% 11.60% 12.14% 8.29% 17,934Axis Long Term Equity Fund - Direct Plan - Growth*@@ 20.94% 24.12% - 23.70% 25,085

01-Jan-13S&P BSE 200 (Benchmark) 22.99% 14.97% - 12.58% 16,691Nifty 50 (Additional Benchmark) 18.58% 11.60% - 10.89% 15,635Axis Income Saver - Growth # 8.59% 10.72% 9.91% 8.46% 17,354

16-Jul-10Crisil MIP Blended Fund Index (Benchmark) 11.42% 11.17% 9.85% 8.71% 17,627CRISIL 10 year Gilt Index (Additional Benchmark) 9.64% 10.76% 8.51% 7.09% 15,923Axis Income Saver - Direct Plan - Growth #@@ 10.11% 12.35% - 10.92% 15,641

04-Jan-13Crisil MIP Blended Fund Index (Benchmark) 11.42% 11.17% - 9.54% 14,818CRISIL 10 year Gilt Index (Additional Benchmark) 9.64% 10.76% - 7.68% 13,760Axis Focused 25 Fund - Growth@@ 28.80% 20.53% - 18.03% 22,280

29-Jun-12Nifty 50 (Benchmark) 18.58% 11.60% - 12.44% 17,625S&P BSE 200 (Additional Benchmark) 22.99% 14.97% - 14.32% 19,096Axis Focused 25 Fund - Direct Plan - Growth@@ 30.39% 22.09% - 17.58% 20,137

01-Jan-13Nifty 50 (Benchmark) 18.58% 11.60% - 10.89% 15,635S&P BSE 200 (Additional Benchmark) 22.99% 14.97% - 12.58% 16,691

FUNDS MANAGED BY R.SIVAKUMAR (TOTAL SCHEMES MANAGED : 5 SCHEMES)Axis Equity Saver Fund - Growth@ 11.25% - - 6.30% 11,100

14-Aug-15CRISIL MIP Blended Index (Benchmark) 11.42% - - 9.30% 11,639Nifty 50 (Additional Benchmark) 18.58% - - 5.30% 10,922Axis Equity Saver Fund - Direct Plan - Growth@ 12.54% - - 7.65% 11,340

14-Aug-15CRISIL MIP Blended Index (Benchmark) 11.42% - - 9.30% 11,639Nifty 50 (Additional Benchmark) 18.58% - - 5.30% 10,922Axis Triple Advantage Fund - Growth 9.17% 9.15% 8.42% 8.33% 17,078


8.81% 8.72% 7.51% 8.13%16,866

Crisil 10 Year Gilt Index (Additional Benchmark) 9.64% 10.76% 8.51% 7.47% 16,189Axis Triple Advantage Fund - Direct Plan Growth@@ 10.76% 10.32% - 8.27% 14,097


8.81% 8.72% - 6.71%13,240

Crisil 10 Year Gilt Index (Additional Benchmark) 9.64% 10.76% - 7.78% 13,826Axis Dynamic Bond Fund - Growth 9.96% 10.32% 9.20% 9.14% 16,913

27-Apr-11Crisil Composite Bond Fund Index (Benchmark) 10.07% 10.93% 9.28% 9.09% 16,870Crisil 10 Year Gilt Index (Additional Benchmark) 9.64% 10.76% 8.51% 7.66% 15,577Axis Dynamic Bond Fund - Direct Plan - Growth@@ 10.95% 11.61% - 10.30% 15,278

01-Jan-13Crisil Composite Bond Fund Index (Benchmark) 10.07% 10.93% - 9.23% 14,647Crisil 10 Year Gilt Index (Additional Benchmark) 9.64% 10.76% - 7.78% 13,826Axis Capital Protection Oriented Fund - Series 5 #@@ 8.03% 7.52% - 8.02% 14,140

02-Nov-12Crisil MIP Blended Fund Index (Benchmark) 11.42% 11.17% - 9.77% 15,194Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% - 7.36% 13,753Axis Childrens Gift Fund - Compulsory Lock-in - Regular Plan - Growth@ 10.29% - - 8.62%

11,218

08-Dec-1550% Nifty 50 + 50% Crisil Composite Bond Fund Index (Benchmark) 14.47% - - 12.59% 11,790Nifty 50 (Additional Benchmark) 18.58% - - 14.58% 12,081Axis Childrens Gift Fund - Compulsory Lock-in - Direct Plan - Growth@ 12.09% - - 10.34% 11,465

08-Dec-1550% Nifty 50 + 50% Crisil Composite Bond Fund Index (Benchmark) 14.47% - - 12.59% 11,790Nifty 50 (Additional Benchmark) 18.58% - - 14.58% 12,081Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth@ 10.28% - - 8.62% 11,217

08-Dec-1550% Nifty 50 + 50% Crisil Composite Bond Fund Index (Benchmark) 14.47% - - 12.59% 11,790Nifty 50 (Additional Benchmark) 18.58% - - 14.58% 12,081Axis Childrens Gift Fund - No Lock-in - Direct Plan - Growth@ 12.45% - - 10.77% 11,527

08-Dec-1550% Nifty 50 + 50% Crisil Composite Bond Fund Index (Benchmark) 14.47% - - 12.59% 11,790Nifty 50 (Additional Benchmark) 18.58% - - 14.58% 12,081

FUNDS MANAGED BY ASHISH NAIK (TOTAL SCHEMES MANAGED : 3 SCHEMES)Axis Triple Advantage Fund - Growth 9.17% 9.15% 8.42% 8.33% 17,078


8.81% 8.72% 7.51% 8.13% 16,866

Crisil 10 Year Gilt Index (Additional Benchmark) 9.64% 10.76% 8.51% 7.47% 16,189Axis Triple Advantage Fund - Direct Plan Growth@@ 10.76% 10.32% - 8.27% 14,097


8.81% 8.72% - 6.71% 13,240

Crisil 10 Year Gilt Index (Additional Benchmark) 9.64% 10.76% - 7.78% 13,826Axis Income Saver - Growth # 8.59% 10.72% 9.91% 8.46% 17,354

16-Jul-10Crisil MIP Blended Fund Index (Benchmark) 11.42% 11.17% 9.85% 8.71% 17,627CRISIL 10 year Gilt Index (Additional Benchmark) 9.64% 10.76% 8.51% 7.09% 15,923Axis Income Saver - Direct Plan - Growth #@@ 10.11% 12.35% - 10.92% 15,641

04-Jan-13Crisil MIP Blended Fund Index (Benchmark) 11.42% 11.17% - 9.54% 14,818CRISIL 10 year Gilt Index (Additional Benchmark) 9.64% 10.76% - 7.68% 13,760Axis Childrens Gift Fund - Compulsory Lock-in - Regular Plan - Growth@ 10.29% - - 8.62% 11,218

08-Dec-1550% Nifty 50 + 50% Crisil Composite Bond Fund Index (Benchmark) 14.47% - - 12.59% 11,790Nifty 50 (Additional Benchmark) 18.58% - - 14.58% 12,081Axis Childrens Gift Fund - Compulsory Lock-in - Direct Plan - Growth@ 12.09% - - 10.34% 11,465

08-Dec-1550% Nifty 50 + 50% Crisil Composite Bond Fund Index (Benchmark) 14.47% - - 12.59% 11,790Nifty 50 (Additional Benchmark) 18.58% - - 14.58% 12,081Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth@ 10.28% - - 8.62% 11,217

08-Dec-1550% Nifty 50 + 50% Crisil Composite Bond Fund Index (Benchmark) 14.47% - - 12.59% 11,790Nifty 50 (Additional Benchmark) 18.58% - - 14.58% 12,081Axis Childrens Gift Fund - No Lock-in - Direct Plan - Growth@ 12.45% - - 10.77% 11,527

08-Dec-1550% Nifty 50 + 50% Crisil Composite Bond Fund Index (Benchmark) 14.47% - - 12.59% 11,790Nifty 50 (Additional Benchmark) 18.58% - - 14.58% 12,081

FUNDS MANAGED BY ADITYA PAGARIA (TOTAL SCHEMES MANAGED : 3 SCHEMES)Axis Liquid Fund - Growth 7.14% 8.07% 8.55% 8.14% 18,076

09-Oct-09Crisil Liquid Fund Index (Benchmark) 7.06% 7.98% 8.31% 7.74% 17,570Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% 7.41% 6.56% 16,166Axis Liquid Fund - Direct Plan - Growth@@ 7.23% 8.15% - 8.51% 14,242

31-Dec-12Crisil Liquid Fund Index (Benchmark) 7.06% 7.98% - 8.35% 14,152Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% - 7.33% 13,586Axis Liquid Fund - Retail Plan - Growth 6.58% 7.52% 8.02% 7.90% 17,253

01-Mar-10Crisil Liquid Fund Index (Benchmark) 7.06% 7.98% 8.31% 8.01% 17,373Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% 7.41% 6.78% 16,005Axis Treasury Advantage Fund - Growth 7.63% 8.21% 8.70% 8.28% 18,244

09-Oct-09Crisil Liquid Fund Index (Benchmark) 7.06% 7.98% 8.32% 7.74% 17,564Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% 7.41% 6.56% 16,161Axis Treasury Advantage Fund - Direct Plan - Growth@@ 8.07% 8.68% - 9.02% 14,524

01-Jan-13Crisil Liquid Fund Index (Benchmark) 7.06% 7.98% - 8.35% 14,145Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% - 7.33% 13,575

ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 28th April 2017)

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Above data excludes schemes which have not completed a year. W.e.f January 1st, 2013, Axis Short Term Fund – Institutional Plan, Axis Treasury Advantage Fund – Institutional Plan & Axis Liquid Fund – Institutional Plan have been renamed Axis Short Term Fund, Axis Treasury Advantage Fund & Axis Liquid Fund respectively. The above data excludes performance of direct plans of schemes which have not completed a year.

28

1 YearCAGR (%)

3 YearsCAGR (%)

5 YearsCAGR (%)

Since InceptionCAGR (%)

Current Value of Investment if ` 10,000 was invested on inception

dateDate of inception

Axis Treasury Advantage Fund - Retail Plan - Growth 6.96% 7.54% 7.92% 7.82% 17,14803-Mar-10Crisil Liquid Fund Index (Benchmark) 7.06% 7.98% 8.32% 8.01% 17,357

Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% 7.41% 6.78% 15,998Axis Banking & PSU Debt Fund - Growth@@ 7.86% 8.49% - 8.70% 15,038

08-Jun-12Crisil Short Term Bond Fund Index (Benchmark) 8.69% 9.18% - 9.06% 15,282Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% - 7.37% 14,157Axis Banking & PSU Debt Fund - Direct Plan - Growth@@ 8.05% 8.68% - 8.79% 14,394

01-Jan-13Crisil Short Term Bond Fund Index (Benchmark) 8.69% 9.18% - 9.04% 14,536Crisil 1 Year T-Bill Index (Additional Benchmark) 6.63% 7.75% - 7.33% 13,575

FUNDS MANAGED BY ANUPAM TIWARI (TOTAL SCHEMES MANAGED : 4 SCHEMES) Axis Equity Saver Fund - Growth@ 11.25% - - 6.30% 11,100

14-Aug-15CRISIL MIP Blended Index (Benchmark) 11.42% - - 9.30% 11,639Nifty 50 (Additional Benchmark) 18.58% - - 5.30% 10,922Axis Equity Saver Fund - Direct Plan - Growth @ 12.54% - - 7.65% 11,340

14-Aug-15CRISIL MIP Blended Index (Benchmark) 11.42% - - 9.30% 11,639Nifty 50 (Additional Benchmark) 18.58% - - 5.30% 10,922Axis Small Cap Fund - Growth@@ 25.01% 28.85% - 30.48% 24,800

29-Nov-13Nifty Free Float Smallcap 100 (Benchmark) 43.24% 23.71% - 28.24% 23,378Nifty 50 (Additional Benchmark) 18.58% 11.60% - 12.75% 15,065Axis Small Cap Fund - Direct Plan - Growth@@ 26.36% 30.27% - 31.94% 25,760

29-Nov-13Nifty Free Float Smallcap 100 (Benchmark) 43.24% 23.71% - 28.24% 23,378Nifty 50 (Additional Benchmark) 18.58% 11.60% - 12.75% 15,065

TOP 3 FUNDS MANAGED BY ASHWIN PATNI (TOTAL SCHEMES MANAGED : 21 SCHEMES) Axis Hybrid Fund - Series 8 - Growth #@@ 12.84% 7.03% - 7.50% 12,658

24-Jan-14Crisil MIP Blended Fund Index (Benchmark) 11.42% 11.17% - 11.27% 14,165Crisil 1 yr Tbill Index (Additional Benchmark) 6.63% 7.75% - 7.74% 12,750Axis Hybrid Fund - Series 8 - Direct Plan - Growth #@@ 14.04% 8.06% - 8.54% 13,062

24-Jan-14Crisil MIP Blended Fund Index (Benchmark) 11.42% 11.17% - 11.27% 14,165Crisil 1 yr Tbill Index (Additional Benchmark) 6.63% 7.75% - 7.74% 12,750Axis Hybrid Fund - Series 9 - Growth #@@ 12.82% 7.06% - 7.65% 12,666

13-Feb-14Crisil MIP Blended Fund Index (Benchmark) 11.42% 11.17% - 11.82% 14,306Crisil 1 yr Tbill Index (Additional Benchmark) 6.63% 7.75% - 7.83% 12,732Axis Hybrid Fund - Series 9 - Direct Plan - Growth #@@ 14.03% 8.09% - 8.69% 13,061

02-Sep-14Crisil MIP Blended Fund Index (Benchmark) 11.42% 11.17% - 11.82% 14,306Crisil 1 yr Tbill Index (Additional Benchmark) 6.63% 7.75% - 7.83% 12,732Axis Hybrid Fund - Series 14 - Growth #@ 12.04% - - 4.64% 11,279

02-Sep-14CRISIL MIP Blended Index (Benchmark) 11.42% - - 10.05% 12,893CRISIL 1 Year T-Bill (Additional Benchmark) 6.63% - - 7.65% 12,161Axis Hybrid Fund - Series 14 - Direct Plan - Growth #@ 13.30% - - 6.01% 11,675

9-May-14CRISIL MIP Blended Index (Benchmark) 11.42% - - 10.05% 12,893CRISIL 1 Year T-Bill (Additional Benchmark) 6.63% - - 7.65% 12,161

BOTTOM 3 FUNDS MANAGED BY ASHWIN PATNI (TOTAL SCHEMES MANAGED : 21 SCHEMES) Axis Hybrid Fund - Series 7 - Growth #@@ 4.92% 5.23% #DIV/0! 7.09% 12,837

05-Sep-13CRISIL MIP Blended Index (Benchmark) 11.42% 11.17% 9.85% 11.37% 14,808CRISIL 1 Year T-Bill (Additional Benchmark) 6.63% 7.75% 7.41% 7.84% 13,166Axis Hybrid Fund - Series 7 - Direct Plan - Growth #@ - - - - -

05-Sep-13CRISIL MIP Blended Index (Benchmark) - - - - -CRISIL 1 Year T-Bill (Additional Benchmark) - - - - -Axis Hybrid Fund - Series 6 - Growth #@@ 4.11% 4.86% - 6.97% 12,831

16-Aug-13CRISIL MIP Blended Index (Benchmark) 11.42% 11.17% - 11.93% 15,178CRISIL 1 Year T-Bill (Additional Benchmark) 6.63% 7.75% - 7.94% 13,269Axis Hybrid Fund - Series 6 - Direct Plan - Growth #@@ 5.11% 5.87% - 8.00% 13,295

16-Aug-13CRISIL MIP Blended Index (Benchmark) 11.42% 11.17% - 11.93% 15,178CRISIL 1 Year T-Bill (Additional Benchmark) 6.63% 7.75% - 7.94% 13,269Axis Hybrid Fund - Series 5 - Growth #@@ 3.51% 4.98% - 6.04% 12,467

25-Jul-13CRISIL MIP Blended Index (Benchmark) 11.42% 11.17% - 10.84% 14,728CRISIL 1 Year T-Bill (Additional Benchmark) 6.63% 7.75% - 7.87% 13,297Axis Hybrid Fund - Series 5 - Direct Plan - Growth #@@ 4.50% 5.98% - 7.05% 12,921

25-Jul-13CRISIL MIP Blended Index (Benchmark) 11.42% 11.17% - 10.84% 14,728CRISIL 1 Year T-Bill (Additional Benchmark) 6.63% 7.75% - 7.87% 13,297

TOP 3 FUNDS MANAGED BY DEVANG SHAH (TOTAL SCHEMES MANAGED : 46 SCHEMES)Axis Hybrid Fund - Series 8 - Growth #@@ 12.84% 7.03% - 7.50% 12,658

24-Jan-14Crisil MIP Blended Fund Index (Benchmark) 11.42% 11.17% - 11.27% 14,165Crisil 1 yr Tbill Index (Additional Benchmark) 6.63% 7.75% - 7.74% 12,750Axis Hybrid Fund - Series 8 - Direct Plan - Growth #@@ 14.04% 8.06% - 8.54% 13,062

24-Jan-14Crisil MIP Blended Fund Index (Benchmark) 11.42% 11.17% - 11.27% 14,165Crisil 1 yr Tbill Index (Additional Benchmark) 6.63% 7.75% - 7.74% 12,750Axis Hybrid Fund - Series 9 - Growth #@@ 12.82% 7.06% - 7.65% 12,666

13-Feb-14Crisil MIP Blended Fund Index (Benchmark) 11.42% 11.17% - 11.82% 14,306Crisil 1 yr Tbill Index (Additional Benchmark) 6.63% 7.75% - 7.83% 12,732Axis Hybrid Fund - Series 9 - Direct Plan - Growth #@@ 14.03% 8.09% - 8.69% 13,061

13-Feb-14Crisil MIP Blended Fund Index (Benchmark) 11.42% 11.17% - 11.82% 14,306Crisil 1 yr Tbill Index (Additional Benchmark) 6.63% 7.75% - 7.83% 12,732Axis Hybrid Fund - Series 14 - Growth #@@ 11.03% 10.62% 9.36% 9.26% 16,913

02-Sep-14Crisil MIP Blended Fund Index (Benchmark) 11.09% 11.26% 9.45% 9.21% 16,864Crisil 1 yr Tbill Index (Additional Benchmark) 11.87% 11.41% 8.79% 7.99% 15,781Axis Hybrid Fund - Series 14 - Direct Plan - Growth #@@ 12.04% 11.96% - 10.48% 15,268

02-Sep-14Crisil MIP Blended Fund Index (Benchmark) 11.09% 11.26% - 9.39% 14,642Crisil 1 yr Tbill Index (Additional Benchmark) 11.87% 11.41% - 8.26% 14,006

BOTTOM 3 FUNDS MANAGED BY DEVANG SHAH (TOTAL SCHEMES MANAGED : 46 SCHEMES)Axis Hybrid Fund - Series 5- Growth #@@ 3.51% 4.98% - 6.04% 12,467

25-Jul-13CRISIL MIP Blended Index (Benchmark) 11.42% 11.17% - 10.84% 14,728CRISIL 1 Year T-Bill (Additional Benchmark) 6.63% 7.75% - 7.87% 13,297Axis Hybrid Fund - Series 5 - Direct Plan - Growth # 4.50% 5.98% - 7.05% 12,921

25-Jul-13CRISIL MIP Blended Index (Benchmark) 11.42% 11.17% - 10.84% 14,728CRISIL 1 Year T-Bill (Additional Benchmark) 6.63% 7.75% - 7.87% 13,297Axis Gold Fund - Growth -6.06% -3.62% -2.69% -0.86% 9,534

20-Oct-11Domestic Price of Gold -4.15% 1.40% -1.43% 0.06% 10,036Additional Benchmark Not ApplicableAxis Gold Fund - Direct Plan@@ -5.25% -2.38% NA -2.89% 8,808

01-Jan-13Domestic Price of Gold -4.15% 1.40% NA -2.62% 8,916Additional Benchmark Not ApplicableAxis Gold ETF -7.45% -0.58% -1.78% 4.02% 12,907

10-Nov-10Domestic Price of Gold -4.15% 1.40% -1.43% 4.21% 13,059Additional Benchmark Not Applicable

ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 28th April 2017)

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

The above data excludes performance of Fixed Maturity Plans and all the schemes which have not completed a year. Jinesh Gopani is managing Axis Long Term Equity Fund since 1st April 2011, Axis Income Saver since 2nd Sep 2013 and Axis Focused 25 Fund since 7th June 2016 and Axis Emerging Opportunites Series 1 and Series 2 since inception.

Shreyash Devalkar is managing Axis Equity Fund and Axis Midcap Fund since 23rd November 2016.

Anupam Tiwari is managing Axis Equity Saver Fund and Axis Smallcap Fund since 6th October, 2016, Axis Emerging Opportunities Fund - Series 1 since 29th Dec 2016, Axis Emerging Opportunities Fund - Series 2 since 17th Feb 2017.

Ashwin Patni is managing Axis Enhanced Arbitrage Fund, Axis Capital Protection Fund – Series 5 and all Axis Hybrid Funds since 27th April, 2015 (since inception date for Axis Hybrid Funds launched after 27th April, 2015).

Devang Shah is managing Axis Liquid Fund, Axis Dynamic Bond Fund, Axis Constant Maturity 10 Year Fund, Axis Income Fund and Axis Short Term Fund and all Axis Hybrid Funds since 5th November 2012 (since inception date for Axis Hybrid Funds launched after 5th November, 2012), Axis Fixed Income Opportunities Fund and Axis Enhanced Arbitrage Fund since inception and Axis Treasury Advantage Fund and Axis Income Saver (Debt portion), Axis Gold Fund, Axis Gold ETF and all Axis Fixed Term Plans since 7th June, 2016 (since inception date for Axis Fixed Term Plans launched after 7th June, 2016).

Ashish Naik is managing the equity portion of Axis Income Saver and Axis Triple Advantage Fund since 22nd June 2016 and Axis Children’s Gift Fund since July 6th, 2016.

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Weighted Average Expense Ratio for the MonthScheme - Regular Plan / Direct Plan : Axis Hybrid Fund - Series 5: 2.45% / 1.60%, Axis Hybrid Fund - Series 6: 2.45% / 1.60%, Axis Hybrid Fund - Series 7: 2.45 % / -, Axis Hybrid Fund - Series 8: 2.26% / 1.31%, Axis Hybrid Fund - Series 9: 2.27% / 1.32%, Axis Hybrid Fund - Series 11: 2.31% / 1.36%, Axis Hybrid Fund - Series 12: 2.28% / 1.33%, Axis Hybrid Fund - Series 13 : 2.18% / 1.23%, Axis Hybrid Fund - Series 14 : 2.19% / 1.19%, Axis Hybrid Fund - Series 15 : 2.27% / 1.27%, Axis Hybrid Fund - Series 18 : 2.19% / 1.14%, Axis Hybrid Fund - Series 19 : 2.27% / 1.22%, Axis Hybrid Fund - Series 22 : 2.05% / 0.86%, Axis Hybrid Fund - Series 23 : 2.07% /0.88%, Axis Hybrid Fund - Series 24 : 2.02% / 0.83%, Axis Hybrid Fund - Series 25 : 2.14% / 0.95%, Axis Hybrid Fund - Series 26 : 2.12% / 0.93%, Axis Hybrid Fund - Series 27 : 2.08% /0.89%, Axis Hybrid Fund - Series 28 : 2.10% / 0.91%, Axis Hybrid Fund - Series 29 : 2.25% / 1.06%, Axis Hybrid Fund - Series 30 : 2.20% / 1.01%, Axis Hybrid Fund - Series 31 : 2.11% / 0.81%, Axis Hybrid Fund - Series 32 : 2.07% / 1.07%, Axis Hybrid Fund - Series 33 : 2.07% / 0.77%, Axis Hybrid Fund - Series 35 : 2.14% / 0.84%, Axis Liquid Fund : 0.20% / 0.13%, Axis Treasury Advantage Fund : 0.95% / 0.22%, Axis Banking & PSU Debt Fund : 0.35% / 0.20%, Axis Short Term Fund : 0.85% / 0.25%, Axis Dynamic Bond Fund : 1.30% / 0.55%, Axis Constant Maturity 10 Year Fund : 0.65% / 0.20%, Axis Regular Savings Fund : 1.00% / 0.49%, Axis Gold ETF : 1.00% / -, Axis Gold Fund* :1.00% / 0.15%, Axis Fixed Income Opportunities Fund* : 1.29% / 0.30%, Axis Enhanced Arbitrage Fund : 0.95% / 0.25%, Axis Income Saver* : 2.13% / 1.26%, Axis Long Term Equity Fund*: 1.97% / 1.27%, Axis Focused 25 Fund* : 2.19% / 1.47%, Axis Equity Fund* : 2.11% / 1.13%, Axis Triple Advantage Fund* : 1.75% / 0.93%, Axis Midcap Fund* : 2.20% / 1.39%, Axis Equity Saver Fund* : 2.36% / 1.56%, Axis Small Cap Fund : 2.51% / 1.56%, Axis Children’s Gift Fund* : 2.54% / 1.10%, Axis Capital Protection Oriented Fund -Series 5: 2.45% / -, Axis Emerging Opportunities Fund - Series 1: 2.24% / 0.94%, Axis Emerging Opportunities Fund - Series 2: 2.02% / 0.72%, Axis Fixed Maturity Plan - Series 42 : 0.52% / 0.18%, Axis Fixed Maturity Plan - Series 43 : 0.41% / 0.05%, Axis Fixed Maturity Plan - Series 47 : 0.48% / 0.08%, Axis Fixed Maturity Plan - Series 49 : 0.23% / 0.05%, Axis Fixed Maturity Plan - Series 52 : 0.23% / 0.05%, Axis Fixed Maturity Plan - Series 53 : 0.52% / 0.08%, Axis Fixed Maturity Plan - Series 61 : 0.49% / 0.05%, Axis Fixed Maturity Plan - Series 64 : 0.49% / 0.05%, Axis Fixed Maturity Plan - Series 67 : 0.66% / 0.02%, Axis Fixed Maturity Plan - Series 69 : 0.58% / 0.05%, Axis Fixed Maturity Plan - Series 74 : 0.23% / 0.10%

Service Tax on Management fees to the above mentioned schemes will be charged over and above Total Expense Ratio *In addition to the rates mentioned a proportionate charge in respect sales beyond T-15 cities subject to maximum of 30 bps on daily net assets has been charged in these schemes.

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Aditya Pagaria is managing Axis Liquid Fund, Axis Treasury Advantage Fund and Axis Banking Debt Fund since 13th August, 2016.

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

@The performance data for 3 years & 5 years period has not been provided, since scheme is in existence for less than 3 years. @@The performance data for 5 years period has not been provided, since scheme is in existence for less than 5 years.W.e.f January 1, 2013, Axis Short Term Fund - Institutional Plan, Axis Treasury Advantage Fund - Institutional Plan & Axis Liquid Fund - Institutional Plan have been renamed Axis Short Term Fund, Axis Treasury Advantage Fund & Axis Liquid Fund, respectively.* An open ended equity linked savings scheme with a 3 year lock-in.# Scheme Performance may not be strictly comparable with that of its additional benchmark in view of hybrid nature of the scheme.$ Rating Details (Axis Short Term Fund & Axis Banking & PSU Debt Fund) Schemes with this rating are considered to have the highest degree of safety regarding timely receipt of payments from the investments that they have made. This rating should however, not be construed as an indication of the performance of the Mutual Fund scheme or of volatility in its returns. The rating should not be treated as a recommendation to buy, sell or hold units issued by the Mutual Fund.^ Rating Details (Axis Treasury Advantage Fund and Axis Liquid Fund)Schemes with this rating are considered to have very strong degree of safety regarding timely receipt of payments from the investments that they have made. This rating should however, not be construed as an indication of the performance of the Mutual Fund scheme or of volatility in its returns. The rating should not be treated as a recommendation to buy, sell or hold units issued by the Mutual Fund.

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

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AXIS EQUITY FUND This product is suitable for investors who are seeking*l Capital appreciation over long terml Investmentinadiversifiedportfoliopredominantlyconsistingofequityandequityrelatedinstruments

AXIS FOCUSED 25 FUND This product is suitable for investors who are seeking*l Capital appreciation over long terml Investmentinaconcentratedportfolioofequity&equityrelatedinstrumentsofupto25companies

AXIS LONG TERM EQUITY FUND This product is suitable for investors who are seeking*l Capitalappreciation&generatingincomeoverlongterml Investmentinadiversifiedportfoliopredominantlyconsistingofequityandequityrelatedinstruments

AXIS MIDCAP FUND This product is suitable for investors who are seeking*l Capital appreciation over long terml Investmentpredominantlyinequityandequityrelatedinstrumentsofmidsizecompanieswithfocusonrelatively largercompanieswithinthiscategory

AXIS TRIPLE ADVANTAGE FUND This product is suitable for investors who are seeking*l Capitalappreciation&generatingincomeoverlongterml Investmentinadiversifiedportfolioofequityandequityrelatedinstruments,fixedincomeinstruments&goldexchangetradedfunds

AXIS INCOME SAVER This product is suitable for investors who are seeking*l Capitalappreciationwhilegeneratingincomeovermediumtolongterml Investmentindebtandmoneymarketinstrumentsaswellasequityandequityrelatedinstrumentswhilemanagingriskthroughactiveassetallocation

AXIS GOLD ETF This product is suitable for investors who are seeking*l CapitalAppreciationovermediumtolongterml Investspredominantlyingoldinordertogeneratereturnssimilartotheperformanceofgold,subjecttotrackingerror

AXIS GOLD FUND This product is suitable for investors who are seeking*l CapitalAppreciationovermediumtolongterml InvestspredominantlyinAxisGoldETFinordertogeneratereturnssimilartotheunderlyingfund,subjecttotracking error

AXIS EQUITY SAVER FUND This product is suitable for investors who are seeking*l CapitalAppreciationwhilegeneratingincomeovermediumtolongterml Providecapiltalappreciationandincomedistributiontotheinvestorsbyusingequityandequityrelatedinstruments, arbitrageopportunitiesandinvestmentsindebtandmoneymarketinstruments

AXIS CHILDREN’S GIFT FUND This product is suitable for investors who are seeking*l Capitalappreciation&generatingincomeovermediumtolongterml Investmentindebtandmoneymarketinstrumentsaswellasequityandequityrelatedinstruments

AXIS CONSTANT MATURITY 10 YEAR FUND This product is suitable for investors who are seeking*l Creditriskfreereturnsovermediumtolongterml InvestmentmainlyinGovernmentsecuritiestogeneratereturnssimilartothatof10yeargovernmentbonds

AXIS DYNAMIC BOND FUND This product is suitable for investors who are seeking*l Optimalreturnsovermediumtolongterml Togeneratestablereturnswhilemaintainingliquiditythroughactivemanagementofaportfolioofdebtandmoney marketinstruments

AXIS REGULAR SAVINGS FUND This product is suitable for investors who are seeking*l Optimalreturnsovermediumterml Investmentindiversifiedportfolioofhighqualitydebtandmoneymarketsecuritiestogenerateoptimalriskadjusted returnswhilemaintainingliquidity

AXIS ENHANCED ARBITRAGE FUND This product is suitable for investors who are seeking*l Incomeovershorttomediumterml Investmentinarbitrageopportunitiesinthecash&derivativessegmentoftheequitymarket

AXIS FIXED INCOME OPPORTUNITIES FUND This product is suitable for investors who are seeking*l Stablereturnsintheshorttomediumterml Investmentindebtandmoneymarketinstrumentsacrosstheyieldcurveandcreditspectrum

AXIS SHORT TERM FUND This product is suitable for investors who are seeking*l Regularincomewhilemaintainingliquidityovershorttomediumterml Investmentindebtandmoneymarketinstruments

AXIS BANKING & PSU DEBT FUND This product is suitable for investors who are seeking* l Regularincomeovershorttomediumterml Investmentindebtandmoneymarketinstrumentsissuedbybanks,PFIs&PSUs

AXIS TREASURY ADVANTAGE FUND This product is suitable for investors who are seeking*l Regularincomeovershortterml Investmentindebtandmoneymarketinstruments

AXIS LIQUID FUND This product is suitable for investors who are seeking*l Regularincomeovershortterml Investmentindebtandmoneymarketinstruments

PRODUCT LABELLING

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

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Statutory Details & Disclaimers :AxisMutualFundhasbeenestablishedasaTrustundertheIndianTrustsAct,1882,sponsoredbyAxisBankLtd.(liabilityrestrictedto`1Lakh).Trustee: AxisMutualFundTrusteeLimited.Investment Manager: AxisAssetManagementCompanyLimited(theAMC).Risk Factors:AxisBankLimitedisnotliableorresponsibleforanylossorshortfallresultingfromtheoperationofanyofthemutualfundschemeslaunchedbytheAMC.Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.

INDEX [] Factsheet April... · Axis Constant Maturity 10 Year Fund 18 SIP Performance Of Selected Schemes 25. 4. ... HDFC Bank Limited 9.74 ... CONSTRUCTION PROJECT 3.15

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