january 2017 - axis mutual funds india – invest in mutual ... forge limited 1.20 cummins india...

January 2017

1

SIP PERFORMANCE OF SELECT SCHEMES (as on 30th December 2016)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 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.

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

Total Amount Invested (Rs) 8,40,000 6,00,000 3,60,000 1,20,000Market value as on December 30, 2016 (Rs) 15,53,132 9,34,191 4,06,825 1,17,184Returns (Annualised) 17.25% 17.76% 8.11% -4.33%Benchmark Returns (Annualised) 8.50% 12.15% 4.83% 2.78%Additional Benchmark Returns (Annualised) 7.37% 10.30% 2.79% 1.61%

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 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 Midcap Fund - Growth Option

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

SIP Investments Since Inception SIP 3 Year SIP 1 Year SIP

Total Amount Invested (Rs) 5,40,000 3,60,000 1,20,000

Market value as on December 30, 2016 (Rs) 6,99,533 4,05,439 1,21,463

Returns (Annualised) 11.49% 7.88% 2.27%

Benchmark Returns (Annualised) 6.93% 2.79% 1.61%

Additional Benchmark Returns (Annualised) 8.88% 4.83% 2.78%

Axis Focused 25 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 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: 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.


Total Amount Invested (Rs) 7,70,000 6,00,000 3,60,000 1,20,000Market value as on December 30, 2016 (Rs) 10,16,266 7,44,969 3,97,700 1,21,562Returns (Annualised) 8.53% 8.59% 6.58% 2.43%Benchmark Returns (Annualised) 9.79% 10.26% 10.48% 11.50%Additional Benchmark Returns (Annualised) 9.40% 10.21% 12.59% 15.90%

Axis Income Saver - Growth Option

SIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIPTotal Amount Invested (Rs) 8,30,000 6,00,000 3,60,000 1,20,000Market value as on December 30, 2016 (Rs) 11,49,443 7,53,963 3,68,359 1,14,913Returns (Annualised) 9.26% 9.07% 1.50% -7.78%Benchmark Returns (Annualised) 7.39% 7.69% 2.79% 1.61%Additional Benchmark Returns (Annualised) 6.83% 6.98% 1.73% 1.18%

SIP returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return)

^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.

SIP Investments Since Inception SIP 1 Year SIP

Total Amount Invested (Rs) 1,70,000 1,20,000

Market value as on December 30, 2016 (Rs) 1,72,525 1,20,835

Returns (Annualised) 1.99% 1.30%

Benchmark Returns (Annualised) 10.87% 11.49%

Additional Benchmark Returns (Annualised) 1.51% 1.61%

Axis Equity Saver Fund - Growth Option

FUND STYLE

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Growth SchemeTo 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.

DATE OF ALLOTMENT5th January 2010

FUND MANAGER

Mr. Shreyash Devalkar Work experience: 13 yearsHe has been managing this fund since 23rd November 2016

LATEST NAV (`) as on 31st January 2017 Regular PlanGrowth 19.30 Dividend 13.96

BENCHMARK

Nifty 50

FUND SIZE (`)Monthly Average AUM 1,930.87 Crore Latest AUM 1,942.67 Crore (as on 31st January 2017)

STATISTICAL MEASURES (3 years)Standard deviation 14.60%Beta 1.00Sharpe Ratio* 0.50

*Risk-free rate assumed to be 6.25% (MIBOR as on 31-1-17) Source: www.fimmda.org

Please note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years.

Data as on 31st January 2017. Source: ACEMF

PORTFOLIO TURNOVER* (1 year)1.03 times* Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/Repo/FD/Margin FD/MFU/SLB are not considered.

MINIMUM INVESTMENT AMOUNT (`)5,000/1

MINIMUM ADDITIONAL PURCHASE AMOUNT (`)100/1

MINIMUM SIP INSTALLMENT AMOUNT (`)1,000/1

LOAD STRUCTUREEntry load - Not applicableExit load - 1% if Units are redeemed / switched-out within 12 months from the date of allotment (Effective from 1st October 2013)

PORTFOLIO

DIVIDENDS

FACTSHEET31st January 2017

Value

Inve

stm

ent S

tyle

Market Cap

Blend

Growth

Large Mid Small

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 ` 10Dividends disclosed above are since the inception of the fund.

Option Record Date Dividend (` Per unit) NAV per unit (Cum Dividend)

NAV per unit (Ex

Dividend) Individuals/ HUF Others

Dividend

March 10, 2016 1.00 1.00 13.78 12.78

March 05, 2015 1.00 1.00 16.53 15.53

March 17, 2014 1.00 1.00 12.57 11.57

6

SECTOR ALLOCATION (%) Banks 26.81

Consumer Non Durables 11.79

Finance 10.62

Auto 9.91

Software 5.13

Pharmaceuticals 4.73

Media & Entertainment 4.53

Auto Ancillaries 4.19

Gas 3.79

Industrial Capital Goods 3.18

Petroleum Products 2.60

Construction Project 2.23

Industrial Products 2.14

Cement 2.13

Power 1.82

Telecom - Services 0.51

¢

¢

¢

¢

¢

¢

¢

¢

¢

¢

¢

¢

¢

¢

¢

¢

Others 3.01Bajaj Finance Limited CRISIL A1+ 3.01Banks 26.81HDFC Bank Limited 8.61Kotak Mahindra Bank Limited 5.38State Bank of India 5.19ICICI Bank Limited 5.05IndusInd Bank Limited 2.58Consumer Non Durables 11.79Asian Paints Limited 5.32ITC Limited 3.25Britannia Industries Limited 3.22Finance 10.62Bajaj Finserv Limited 3.71Cholamandalam Investment and Finance Company Limited 3.24HDFC Limited 2.12CRISIL Limited 1.55Auto 9.91Maruti Suzuki India Limited 6.15Tata Motors Limited 3.76Software 5.13Infosys Limited 2.87Tech Mahindra Limited 2.26Pharmaceuticals 4.73Lupin Limited 1.98Sanofi India Limited 1.22Sun Pharmaceuticals Industries Limited 0.98Cadila Healthcare Limited 0.55

Media & Entertainment 4.53Zee Entertainment Enterprises Limited 4.53Auto Ancillaries 4.19Motherson Sumi Systems Limited 2.57Endurance Technologies Limited 1.62Gas 3.79Indraprastha Gas Limited 2.18Gujarat State Petronet Limited 1.61Industrial Capital Goods 3.18Bharat Electronics Limited 2.16Siemens Limited 1.03Petroleum Products 2.60Indian Oil Corporation Limited 1.63Gulf Oil Lubricants India Limited 0.97Construction Project 2.23Larsen & Toubro Limited 2.23Industrial Products 2.14Bharat Forge Limited 1.20Cummins India Limited 0.94Cement 2.13UltraTech Cement Limited 2.13Power 1.82Torrent Power Limited 1.82Telecom - Services 0.51Bharti Airtel Limited 0.51Total Equity 99.12Debt, Cash & Other Receivables 0.88

Net Assets 100%

Company Name % of Assets


For Statutory Details & Risk Factors please refer page 24.

^Commercial Paper

Rating Rating

Past 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 Equity Fund - Growth Option is calculated from 5th January 2010.Shreyash Devalkar manages 2 schemes. Please refer to annexure on Page 23 for performance of all schemes managed by the fund manager.

SCHEME PERFORMANCE (as on 30th December 2016)

Dec 31, 2013 To Dec 31,

2014

Dec 31, 2014 To Dec 31,

2015

Dec 31, 2015 To Dec 30,

2016

Since Inception

Current Value of Investment if` 10,000 was

invested on inception date

Date of inceptionAbsolute Return

(%)Absolute Return

(%)Absolute Return

(%) CAGR (%)

Axis Equity Fund - Growth 40.85% -1.24% -3.62% 9.10% 18,380 05-Jan-10Nifty 50 (Benchmark) 31.39% -4.06% 3.01% 6.48% 15,510

S&P BSE Sensex (Additional Benchmark) 29.89% -5.03% 1.95% 6.03% 15,055

FUND STYLE

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Growth SchemeTo generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of up to 25 companies.

DATE OF ALLOTMENT29th June 2012

FUND MANAGER

Jinesh Gopani Work experience: 14 yearsHe has been managing this fund since 07th June 2016

LATEST NAV (`) as on 31st January 2017

Regular PlanGrowth 19.32Dividend 16.24

BENCHMARK

Nifty 50 FUND SIZE (`)Monthly Average AUM 946.61 Crore Latest AUM 998.01 Crore (as on 31st January 2017)





PORTFOLIO TURNOVER* (1 year)

0.86 times* Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/Repo/FD/Margin FD/MFU/SLB are not considered.




LOAD STRUCTUREEntry load - Not applicableExit load - 1% if redeemed/ switched out within 1 year from the date of allotment. (w.e.f. 15th May 2015)

Finance 18.93Bajaj Finserv Limited 6.07Cholamandalam Investment and Finance Company Limited 4.60Bajaj Finance Limited 4.16Gruh Finance Limited 4.10Banks 16.10Kotak Mahindra Bank Limited 7.20HDFC Bank Limited 6.30RBL Bank Limited 2.60Auto Ancillaries 15.45Bosch Limited 6.19Motherson Sumi Systems Limited 4.74Endurance Technologies Limited 2.57WABCO India Limited 1.95Industrial Products 10.15Cummins India Limited 4.46Supreme Industries Limited 3.10Bharat Forge Limited 2.59Cement 6.78



PORTFOLIO


Market CapLarge Mid Small

Value

Inve

stm

ent S

tyle

Blend

Growth

7

SECTOR ALLOCATION (%)Finance 18.93

Banks 16.10

Auto Ancillaries 15.45

Industrial Products 10.15

Cement 6.78

Auto 6.71

Software 5.70

Textile Products 4.46

Industrial Capital Goods 2.92

Chemicals 2.90

Consumer Non Durables 2.52

Commercial Services 2.33

¢

¢

¢

¢

¢

¢

¢

¢

¢

¢

¢

¢

Option Record Date Dividend (` Per unit) NAV per unit (Cum Dividend) NAV per unit (Ex Dividend) Individuals/HUF Others

DividendMarch 10, 2016 1.00 1.00 14.56 13.56February 25, 2015 1.75 1.75 17.90 16.15


DIVIDENDS

Shree Cements Limited 6.78Auto 6.71Maruti Suzuki India Limited 6.71Software 5.70Tech Mahindra Limited 3.39Info Edge (India) Limited 2.31Textile Products 4.46Page Industries Limited 4.46Industrial Capital Goods 2.92Siemens Limited 2.15V-Guard Industries Limited 0.77Chemicals 2.90Pidilite Industries Limited 2.90Consumer Non Durables 2.52Nestle India Limited 2.52Commercial Services 2.33Quess Corp Limited 2.33Total Equity 94.95Cash & Other Receivables 5.05

Net Assets 100%



Dec 31, 2013 To Dec 31,

2014

Dec 31, 2014 To Dec 31,

2015

Dec 31, 2015 To Dec 30,

2016

Since Inception



Date of inceptionAbsolute

Return (%)Absolute

Return (%)

Absolute Return

(%)

CAGR (%)

Axis Focused 25 Fund - Growth 38.75% 3.91% 4.56% 14.43% 18,360

29-Jun-12Nifty 50 (Benchmark) 31.39% -4.06% 3.01% 10.22% 15,507

S&P BSE 200 (Additional Benchmark) 35.47% -1.48% 3.95% 11.63% 16,421

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. Since inception returns for Axis Focused 25 Fund - Growth Option is calculated from 29th June 2012.Jinesh Gopani manages 3 schemes. Please refer to annexure on Page 23 for performance of all schemes managed by the fund managers.

FUND STYLE

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Equity-Linked Savings Scheme with a 3 year lock in. Eligible investors in the Scheme (who are “Assessee” as per the ELSS Rules) are entitled to deductions of the amount invested in Units of the Scheme under Section 80C of the Income Tax Act, 1961 to such extent and subject to such conditions as may be notified from time to time.

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.

DATE OF ALLOTMENT29th December 2009

FUND MANAGER

Jinesh Gopani Work experience: 14 yearsHe has been managing this fund since 1st April 2011

LATEST NAV (`) as on 31st January 2017 Regular PlanGrowth 31.83

Dividend 20.81

BENCHMARK

S&P BSE 200







MINIMUM INVESTMENT AMOUNT (`)500/500


MINIMUM SIP INSTALLMENT AMOUNT (`)500/500

LOAD STRUCTUREEntry load - Not applicable

Exit load - Nil

Corporate Bond 0.68LIC Housing Finance Limited CRISIL AAA 0.68Others 1.70Tata Capital Financial Services Ltd ICRA A1+ 0.90Mahindra & Mahindra Financial Services Limited CRISIL A1+ 0.81Finance 18.23HDFC Limited 5.76Bajaj Finance Limited 3.47Sundaram Finance Limited 2.60Gruh Finance Limited 2.27Cholamandalam Investment and Finance Company Limited 2.27Multi Commodity Exchange of India Limited 1.86Banks 15.95Kotak Mahindra Bank Limited 8.10HDFC Bank Limited 7.85Auto Ancillaries 10.29Motherson Sumi Systems Limited 4.25Bosch Limited 3.24WABCO India Limited 1.78Endurance Technologies Limited 1.01Auto 7.67Maruti Suzuki India Limited 6.35Eicher Motors Limited 1.32Consumer Durables 5.30TTK Prestige Limited 2.92Symphony Limited 2.38Pharmaceuticals 5.26Sun Pharmaceuticals Industries Limited 2.42IPCA Laboratories Limited 1.22Cadila Healthcare Limited 1.09Divi’s Laboratories Limited 0.52



PORTFOLIO

DIVIDENDS



Option Record DateDividend (` Per unit)

NAV per unit (Cum Dividend) Individuals/ HUF Others

Regular Dividend

January 25, 2016 2.25 2.25 21.2217

January 22, 2015 2.00 2.00 24.2942

January 6, 2014 1.00 1.00 14.6918


Value

Inve

stm

ent S

tyle

Blend

Growth

8

SECTOR ALLOCATION (%)Finance 18.23Banks 16.29Auto Ancillaries 10.29Auto 7.67Pharmaceuticals 5.52Consumer Durables 5.30Software 5.15Industrial Products 4.80Chemicals 3.74Construction Project 3.41Pesticides 3.28Consumer Non Durables 2.55Power 1.95Transportation 1.58Industrial Capital Goods 1.44Commercial Services 0.99Telecom - Equipment & Accessories 0.70Textile Products 0.52

¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢

Software 5.15Tech Mahindra Limited 3.63Info Edge (India) Limited 1.52Industrial Products 4.80Cummins India Limited 2.77Astral Poly Technik Limited 1.20Bharat Forge Limited 0.83Chemicals 3.74Pidilite Industries Limited 3.74Construction Project 3.41Larsen & Toubro Limited 3.41Pesticides 3.28PI Industries Limited 3.28Consumer Non Durables 2.37Nestle India Limited 2.37Power 1.95Torrent Power Limited 1.95Transportation 1.58Blue Dart Express Limited 0.93Gujarat Pipavav Port Limited 0.65Industrial Capital Goods 1.01Siemens Limited 1.01Commercial Services 0.99Quess Corp Limited 0.99Telecom - Equipment & Accessories 0.70Astra Microwave Products Limited 0.70Textile Products 0.52Page Industries Limited 0.52Other Equity (less than 0.50% of the corpus) 1.21Total Equity 95.79Debt, Cash & Other Receivables 4.21

Net Assets 100%


^Commercial Paper

Rating Rating


Dec 31, 2013 To Dec 31,

2014

Dec 31, 2014 To Dec 31,

2015

Dec 31, 2015 To Dec 30,

2016

Since Inception


invested oninception date


Return (%)Absolute

Return (%)Absolute

Return (%) CAGR (%)

Axis Long Term Equity Fund - Growth 66.18% 6.70% -0.69% 17.19% 30,40029-Dec-09S&P BSE 200 (Benchmark) 35.47% -1.48% 3.95% 7.08% 16,149

Nifty 50 (Additional Benchmark) 31.39% -4.06% 3.01% 6.72% 15,778Past 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. Since inception returns for Axis Long Term Equity Fund - Growth Option is calculated from 29th December 2009Jinesh Gopani manages 3 schemes. Please refer to annexure on Page 23 for performance of all schemes managed by the fund manager.

Corporate Bond 1.88HDFC Limited CRISIL AAA 1.88Finance 26.66Gruh Finance Limited 7.08Bajaj Finserv Limited 5.10Cholamandalam Investment and Finance Company Limited 5.06Sundaram Finance Limited 3.44CRISIL Limited 3.07Multi Commodity Exchange of India Limited 2.92Auto Ancillaries 13.56Motherson Sumi Systems Limited 4.60Endurance Technologies Limited 2.64WABCO India Limited 2.32Amara Raja Batteries Limited 2.13Igarashi Motors India Limited 1.86Consumer Non Durables 7.96Procter & Gamble Hygiene and Health Care Limited 3.58Berger Paints (I) Limited 2.89Britannia Industries Limited 1.49Media & Entertainment 7.61PVR Limited 4.02Zee Entertainment Enterprises Limited 3.59Industrial Products 5.52Supreme Industries Limited 2.43AIA Engineering Limited 2.00Cummins India Limited 1.09Banks 5.09City Union Bank Limited 5.09



PORTFOLIO


9

DIVIDENDS


Option Record DateDividend (` Per unit) NAV per

unit (Cum Dividend)

NAV per unit (Ex


DividendSep 15, 2016 2.00 2.00 22.64 20.64Sep 10, 2015 1.75 1.75 23.29 21.54July 31, 2014 1.50 1.50 19.91 18.41

SECTOR ALLOCATION (%)Finance 26.66Auto Ancillaries 13.56Consumer Non Durables 7.96Media & Entertainment 7.61Industrial Products 5.52Banks 5.09Textile Products 4.74Auto 4.11Power 3.27Industrial Capital Goods 2.85Pharmaceuticals 2.51Petroleum Products 2.42Pesticides 2.31Software 2.30Consumer Durables 1.62Transportation 1.54Construction 0.98Cement 0.50

FUND STYLE

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Equity Scheme.

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

DATE OF ALLOTMENT18th February 2011

FUND MANAGER

Shreyash DevalkarWork experience: 13 yearsHe has been managing this fund since 23rd November 2016

LATEST NAV (`) as on 31st January 2017 Regular PlanGrowth 25.40

Dividend 19.79

BENCHMARK

S&P BSE Midcap


STATISTICAL MEASURES (3 years)

Standard deviation 18.92%Beta 1.04Sharpe Ratio* 0.97









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


Value

Inve

stm

ent S

tyle

Blend

Growth

¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢

Textile Products 4.74Page Industries Limited 4.74Auto 4.11V.S.T Tillers Tractors Limited 3.02Eicher Motors Limited 1.09Power 3.27Torrent Power Limited 3.27Industrial Capital Goods 2.85V-Guard Industries Limited 2.85Pharmaceuticals 2.51Torrent Pharmaceuticals Limited 1.91Cadila Healthcare Limited 0.60Petroleum Products 2.42Gulf Oil Lubricants India Limited 2.42Pesticides 2.31UPL Limited 2.31Software 2.30Tech Mahindra Limited 1.35Info Edge (India) Limited 0.95Consumer Durables 1.62Blue Star Limited 1.62Transportation 1.54Blue Dart Express Limited 1.54Construction 0.98ITD Cementation India Limited 0.98Other Equity (less than 0.50% of the corpus) 0.50Total Equity 97.43Debt, Cash & Other Receivables 2.57

Net Assets 100%


Rating Rating


Dec 31, 2013 To Dec 31,

2014

Dec 31, 2014 To Dec 31,

2015

Dec 31, 2015 To Dec 30,

2016

Since Inception




Return (%)Absolute

Return (%)Absolute

Return (%) CAGR (%)

Axis Midcap Fund - Growth 76.55% 0.85% -3.11% 16.31% 24,27018-Feb-11S&P BSE Midcap (Benchmark) 54.69% 7.43% 7.97% 10.60% 18,061

Nifty 50 (Additional Benchmark) 31.39% -4.06% 3.01% 7.15% 14,995

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. Since inception returns for Axis Midcap Fund - Growth Option is calculated from 18th February 2011 Shreyash Devalkar manages 2 schemes. Please refer to annexure on Page 23 for performance of all schemes managed by the fund manager.

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Equity SchemeThe 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.

DATE OF ALLOTMENT14th August 2015

FUND MANAGERAnupam Tiwari Work experience: 10 years He has been managing this fund since 06th October 2016

R. Sivakumar Work experience: 16 years He has been managing this fund since inception

LATEST NAV (`) as on 31st January 2017 Regular PlanGrowth 10.58Dividend 10.27Monthly Dividend 10.27Quarterly Dividend 10.39BENCHMARK

Crisil MIP Blended Fund Index

FUND SIZE (`)Monthly Average AUM 832.36 Crore Latest AUM 829.09 Crore (as on 31st January 2017)

AVERAGE MATURITY@*4.9 years

MODIFIED DURATION@*3.3 years

PORTFOLIO YIELD (YIELD TO MATURITY &)7.53%




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


AXIS EQUITY SAVER FUND

PORTFOLIOCompany Name Rating % of Assets

Company Name Rating % of Assets

10

Ass

et C

lass

FUND STYLE

*Hedged Equity/ Cash-futures arbitrage


Equity

Duration

Debt

Equity Arbitrage

Low Mid High

HDFC Limited 3.11Multi Commodity Exchange of India Limited 1.13Sundaram Finance Limited 2.00Industrial Capital Goods 0.78Siemens Limited 0.78Industrial Products 2.65Astral Poly Technik Limited 0.78Cummins India Limited 1.87Pesticides 1.58PI Industries Limited 1.58Petroleum Products 0.93Indian Oil Corporation Limited 0.93Pharmaceuticals 1.86Natco Pharma Limited 0.39Sun Pharmaceuticals Industries Limited 1.46Power 2.13Torrent Power Limited 2.13Software 1.35Tech Mahindra Limited 1.35Telecom - Equipment & Accessories 0.58Astra Microwave Products Limited 0.58Total Hedged Equity 23.37ITC Limited 0.49Century Textiles & Industries Limited 0.13IDFC Bank Limited 0.33Tata Consultancy Services Limited 1.41Sun Pharmaceuticals Industries Limited 0.83IDFC Limited 0.14Cipla Limited 0.68Tata Motors Limited 0.24Reliance Industries Limited 6.20Reliance Capital Limited 0.24Infosys Limited 3.44Indiabulls Housing Finance Limited 0.04Britannia Industries Limited 0.14Asian Paints Limited 1.08HDFC Limited 2.74HDFC Bank Limited 4.35Tata Motors Limited 0.89Debt, Cash & Other Receivables 1.22

Net Assets 100%^^ Secured by shares of Zee Entertainment Enterprises Ltd. & Dish TV India Ltd

@ 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.

COMPOSITION BY ASSET (%) COMPOSITION BY RATING (%)@

¢ SOV ¢ CRISIL AAA/ CARE AAA/ BWR AAA & Equivalent ¢ ICRA AA/ CRISIL AA ¢ BWR A+(SO)/ ICRA A+ ¢ BWR AA-(SO)

¢ Unhedged Equity ¢ Debt, Cash and Other Receivables ¢ Hedged Equity

DIVIDENDS

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 ` 10Dividends disclosed above are since the inception of the fund.


NAV per unit (Ex


MonthlyDividend

Dec 05, 2016 0.0625 0.0625 10.1025 10.0400Nov 02, 2016 0.0625 0.0625 10.3825 10.3200Sep 26, 2016 0.0625 0.0625 10.4225 10.3600

Quarterly Dividend

Sep 26, 2016 0.1875 0.1875 10.5475 10.3600

Total Debt 33.50Total Fixed Deposit 3.26Corporate Bond 12.76Reliance Jio Infocomm Limited CRISIL AAA 3.10Cholamandalam Investment and Finance Company Limited ICRA AA 2.71HDFC Limited CRISIL AAA 2.70Power Finance Corporation Limited CRISIL AAA 1.39Dewan Housing Finance Corporation Limited BWR AAA 1.21Ujjivan Financial Services Limited ICRA A+ 0.60Adani Properties Pvt. Ltd. BWR AA-(SO) 0.36Indiabulls Housing Finance Limited CARE AAA 0.36Power Grid Corporation of India Limited CRISIL AAA 0.32Government Bond Sovereign 10.68Zero Coupon Bond 6.81JM Financial Products Ltd ICRA AA 2.40Sprit Textile Pvt. Ltd.^^ BWR A+(SO) 1.95Amri Hospitals Ltd BWR A+(SO) 1.25Tata Motors Finance Ltd CRISIL AA 1.21Total Equity 65.28Total Unhedged Equity 41.90Auto 4.16Maruti Suzuki India Limited 2.06Tata Motors Limited 2.10Auto Ancillaries 2.06Motherson Sumi Systems Limited 2.06Banks 4.89HDFC Bank Limited 1.81Kotak Mahindra Bank Limited 2.45State Bank of India 0.63Cement 2.05Shree Cements Limited 2.05Chemicals 1.48Pidilite Industries Limited 1.48Consumer Durables 2.71Symphony Limited 2.02TTK Prestige Limited 0.70Consumer Non Durables 3.07Asian Paints Limited 0.53Britannia Industries Limited 1.32Nestle India Limited 1.22Finance 9.63Bajaj Finance Limited 0.94Cholamandalam Investment and Finance Company Limited 2.45

41.90%

34.72%

23.37%10.68%

10.31%

6.32%

3.80%0.36%


Dec 31, 2013 To Dec 31,

2014

Dec 31, 2014 To Dec 31,

2015

Dec 31, 2015 To Dec 30,

2016

Since Inception




Return (%)Absolute

Return (%)Absolute

Return (%) CAGR (%)

Axis Equity Saver Fund - Growth - - 2.39% 2.09% 10,29014-Aug-

15CRISIL MIP Blended Index (Benchmark) - - 11.55% 9.49% 11,334Nifty 50 (Additional Benchmark) - - 3.01% -2.84% 9,609

Past 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 Equity Saver Fund - Growth Option is calculated from 14th August 2015. Anupam Tiwari manages 2 schemes & R. Sivakumar manages 5 schemes. Please refer to annexure on Page 23 & 25 for performance of all schemes managed by the fund managers.

FUND STYLE

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Hybrid Fund

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.

DATE OF ALLOTMENT23rd August 2010

FUND MANAGERR. Sivakumar Work experience: 16 yearsHe has been managing the fund since 14th September 2010

Ashish Naik

Work experience: 10 yearsHe has been managing this fund since 22nd June 2016


Regular PlanGrowth 16.2172Dividend 13.2269

BENCHMARK

35% of Nifty 50 + 35% of Crisil Composite Bond Fund Index + 30% Of INR Price of Gold

FUND SIZE (`) Monthly Average AUM 343.34 Crore Latest AUM 343.42 Crore (as on 31st January 2017)

AVERAGE MATURITY@*

8.8 years

MODIFIED DURATION@*5.5 years





LOAD STRUCTUREEntry load - Not applicableExit load - If redeemed/switch out within 12 months from the date of allotment:- For 10% of investment : Nil- For remaining investment : 1%If redeemed/switch out after 12 months from thedate of allotment: Nil(w.e.f. 15th June 2015)

PORTFOLIO

DIVIDENDS


Equity

Ass

et C

lass

Debt

Gold

DurationLow Mid High

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.

Option Record Date Dividend (` Per unit) NAV per unit (Cum Dividend) NAV per unit (Ex Dividend) Individuals/HUF Others

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



11


¢ CRISIL AAA & Equivalent ¢ SOV ¢ CRISIL AA- ¢ Equity ¢ Debt^¢ ETFs ^ Includes Net Current Assets

Auto 2.53Eicher Motors Limited 1.31Maruti Suzuki India Limited 1.22Consumer Non Durables 2.24ITC Limited 1.13Asian Paints Limited 1.11Construction Project 1.77Larsen & Toubro Limited 1.77Consumer Durables 1.67Blue Star Limited 1.67Pharmaceuticals 1.43Sun Pharmaceuticals Industries Limited 0.83Cadila Healthcare Limited 0.60Transportation 1.42Blue Dart Express Limited 0.73Container Corporation of India Limited 0.69Industrial Products 1.42Cummins India Limited 1.42Cement 1.21Shree Cements Limited 1.21Pesticides 1.21PI Industries Limited 1.21Power 0.87Torrent Power Limited 0.87Industrial Capital Goods 0.78Siemens Limited 0.78Ferrous Metals 0.76Tata Steel Limited 0.76Exchange Traded Funds 27.91Axis Gold ETF 27.91Net Current Assets 2.11

Net Assets 100%

Total Debt 33.44Corporate Bond 23.04Reliance Gas Transportation Infrastructure Ltd CRISIL AAA 7.51Rural Electrification Corporation Limited CRISIL AAA 6.47Tata Power Company Limited CRISIL AA- 3.79Hindalco Industries Limited CRISIL AA- 3.25Power Finance Corporation Limited CRISIL AAA 1.13India Infrastructure Fin Co Ltd CRISIL AAA 0.89Government Bond Sovereign 10.39Total Equity 36.54Banks 7.52Kotak Mahindra Bank Limited 2.77HDFC Bank Limited 2.68ICICI Bank Limited 2.07Finance 5.64HDFC Limited 2.39Bajaj Finance Limited 1.00Gruh Finance Limited 0.98Max Financial Services Limited 0.74Cholamandalam Investment and Finance Company Limited 0.54Auto Ancillaries 3.27WABCO India Limited 0.97Motherson Sumi Systems Limited 0.93Amara Raja Batteries Limited 0.79Endurance Technologies Limited 0.58Software 2.80Info Edge (India) Limited 0.97Tech Mahindra Limited 0.93Infosys Limited 0.90


36.54%

35.55%

27.91% 18.11%

10.39%

7.05%


Dec 31, 2013 To Dec 31,

2014

Dec 31, 2014 To Dec 31,

2015

Dec 31, 2015 To Dec 30,

2016

Since Inception




Return (%)Absolute

Return (%)Absolute

Return (%) CAGR (%)

Axis Triple Advantage Fund - Growth 17.16% -0.51% 7.12% 7.45% 15,78823-Aug-

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

16.49% -0.32% 9.66% 7.58% 15,917

Crisil 10 Year Gilt Index (Additional Benchmark) 14.14% 7.39% 14.97% 8.02% 16,328Past 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. Since inception returns for Axis Triple Advantage Fund - Growth Option is calculated from 23rd August 2010R. Sivakumar manages 5 schemes & Ashish Naik manages 3 schemes. Please refer to annexure on Page 23 & 24 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.

FUND STYLE

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Income FundTo 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.

DATE OF ALLOTMENT16th July 2010

FUND MANAGER

Devang ShahWork experience: 11 yearsHe has been managing this fund since 07th June 2016

Jinesh GopaniWork experience: 14 yearsHe has been managing this fund since 2nd September 2013

Ashish NaikWork experience: 10 yearsHe has been managing this fund since 22nd June 2016


Regular PlanGrowth 16.7368Quarterly Dividend 10.8300Half yearly Dividend 11.3582Annual Dividend 12.2863

BENCHMARK

Crisil MIP Blended Fund Index

FUND SIZE (`)

Monthly Average AUM 702.64 Crore Latest AUM 705.65 Crore (as on 31st January 2017)

AVERAGE MATURITY@*

1.5 yearsMODIFIED DURATION@*

1.2 years

PORTFOLIO YIELD (YIELD TO MATURITY &)

7.26%MINIMUM INVESTMENT AMOUNT (`)

5,000/1MINIMUM ADDITIONAL PURCHASE AMOUNT (`)

100/1MINIMUM SIP INSTALLMENT AMOUNT (`)

1,000/1LOAD STRUCTURE

Entry load - Not applicableExit load - If redeemed/switch out within 12 months from the date of allotment:- For 10% of investment : Nil- For remaining investment : 1%If redeemed/switch out after 12 months from thedate of allotment: Nil(w.e.f. 15th June 2015)

PORTFOLIO

DIVIDENDS


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 ` 10Annual Dividends disclosed above are since inception. 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.





NAV per unit (Ex


Annual Dividend

March 28, 2016 0.7222 0.6691 12.5739 11.5739March 25, 2015 0.3629 0.3365 12.6035 12.1035March 25, 2014 0.3117 0.2985 10.9526 10.5526March 25, 2013 0.7928 0.6795 10.9668 10.0668

Half Yearly

Dividend

September 26, 2016 0.3611 0.3346 11.9394 11.4394March 28, 2016 0.3611 0.3345 11.6671 11.1671September 28, 2015 0.3611 0.3345 12.0570 11.5570March 25, 2015 0.3629 0.3365 12.2152 11.7152

QuarterlyDividend

December 26, 2016 0.1805 0.1672 10.8652 10.6152September 26, 2016 0.1806 0.1673 11.4144 11.1644June 27, 2016 0.1805 0.1672 11.2342 10.9842

Equity

Ass

et C

lass

Debt

12


¢ Debt^ ¢ Equity^ Includes Net Current Assets

¢ ICRA A1+/ CRISIL A1+/ CRISIL AAA/ CARE AAA/ ICRA AAA/ IND AAA & Equivalent ¢ ICRA AA/ CRISIL AA/ ICRA AA(SO)/ IND AA¢ IND AA-(SO)/ BWR AA-(SO) ¢ BWR A+(SO) ¢ ICRA AA+/ IND AA+

Multi Commodity Exchange of India Limited 0.72Auto Ancillaries 3.08Motherson Sumi Systems Limited 1.01Amara Raja Batteries Limited 0.77WABCO India Limited 0.66Endurance Technologies Limited 0.64Banks 3.01HDFC Bank Limited 1.82Kotak Mahindra Bank Limited 1.18Auto 2.74Maruti Suzuki India Limited 1.02Eicher Motors Limited 1.01Tata Motors Limited 0.71Cement 1.49Shree Cements Limited 0.76JK Lakshmi Cement Limited 0.73Consumer Non Durables 1.45Nestle India Limited 0.77Asian Paints Limited 0.69Transportation 1.35Blue Dart Express Limited 0.79Container Corporation of India Limited 0.56Pesticides 0.86PI Industries Limited 0.86Chemicals 0.79Pidilite Industries Limited 0.79Textile Products 0.76Page Industries Limited 0.76Industrial Products 0.72Cummins India Limited 0.72Media & Entertainment 0.68Zee Entertainment Enterprises Limited 0.68Pharmaceuticals 0.67Lupin Limited 0.67Industrial Capital Goods 0.52V-Guard Industries Limited 0.52Other Equity (less than 0.50% of the corpus) 2.91Net Current Assets 2.47

Net Assets 100%


Equity Arbitrage

Total Debt 55.45Corporate Bond 42.27Power Finance Corporation Limited CRISIL AAA 11.06Rural Electrification Corporation Limited CRISIL AAA 5.74NABARD CRISIL AAA 5.19IDFC Bank Limited ICRA AAA 3.57Mahindra & Mahindra Financial Services Limited IND AAA 3.56Nirchem Cement Limited CRISIL AA 2.88Tata Sons Ltd CRISIL AAA 2.49SRF Limited IND AA 1.54Reliance Jio Infocomm Limited CRISIL AAA 1.46Cholamandalam Investment and Finance Company Limited ICRA AA 1.44Export Import Bank of India CRISIL AAA 1.42HDFC Limited CRISIL AAA 0.81LIC Housing Finance Limited CRISIL AAA 0.43Adani Properties Pvt. Ltd. BWR AA-(SO) 0.43Adani Ports and Special Economic Zone Limited ICRA AA+ 0.24Blue Dart Express Limited ICRA AA 0.02Zero Coupon Bond 13.19SVL Ltd. ICRA AA 4.36JM Financial Products Ltd ICRA AA 2.35Dev Infracity Pvt Ltd** IND AA-(SO) 2.34Sprit Textile Pvt. Ltd.^^ BWR A+(SO) 2.12India Infoline Finance Ltd ICRA AA(SO) 1.82Dewan Housing Finance Corporation Limited CARE AAA 0.17Shriram Transport Finance Company Limited IND AA+ 0.03Total Money Market Instruments^ 17.50Banks 12.00Canara Bank CRISIL A1+ 7.05ICICI Bank Limited ICRA A1+ 2.77IDBI Bank Limited CRISIL A1+ 1.34Punjab & Sind Bank ICRA A1+ 0.85Others 5.50HDFC Limited ICRA A1+ 3.38Piramal Finance Private Limited ICRA A1+ 2.11Total Equity 24.57Finance 3.54HDFC Limited 1.35Cholamandalam Investment and Finance Company Limited 0.75Bajaj Finance Limited 0.72

^Certificate of Deposit/Commercial Paper ** Secured by shares of Emami Ltd ^^ Secured by shares of Zee Entertainment Enterprises Ltd. & Dish TV India Ltd

75.43%

24.57%

55.87%

14.40%

2.76%2.12%

0.28%


Dec 31, 2013 To Dec 31,

2014

Dec 31, 2014 To Dec 31,

2015

Dec 31, 2015 To Dec 30,

2016

Since Inception




Return (%)Absolute

Return (%)Absolute

Return (%) CAGR (%)

Axis Income Saver - Growth 20.68% 6.27% 4.19% 8.06% 16,50016-Jul-10Crisil MIP Blended Fund Index (Benchmark) 16.83% 6.79% 11.55% 8.72% 17,166

CRISIL 10 year Gilt Index (Additional Benchmark) 14.14% 7.39% 14.97% 7.60% 16,059Past 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. Since inception returns for Axis Income Saver - Growth Option is calculated from 16th July 2010.Jinesh Gopani manages 3 schemes, Devang Shah manages 46 schemes & Ashish Naik manages 3 schemes. Please refer to annexure on Page 23 & 24 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.

FUND STYLE

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Gilt Scheme

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

DATE OF ALLOTMENT23rd January 2012

FUND MANAGERDevang ShahWork experience: 11 years

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


Regular Plan

Growth 14.9102

Regular Dividend 10.1143

Half yearly Dividend 12.1934Bonus -

BENCHMARK

Crisil 10 Year Gilt Index


AVERAGE MATURITY9.7 years

MODIFIED DURATION6.3 years






Exit load - Nil

PORTFOLIO


High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low

& 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.


DIVIDENDS

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 ` 10Half yearly dividend disclosed above are since the inception of the fund. Regular dividends disclosed above are for the last 3 months.


NAV per unit (Ex


Half Yearly Dividend

September 26, 2016 0.1806 0.1673 11.9880 11.7380March 28, 2016 0.3611 0.3345 11.5547 11.0547September 28, 2015 0.1805 0.1672 11.5626 11.1994

RegularDividend

January 25, 2017 0.1120 0.1540 10.2619 10.1068December 26, 2016 0.0632 0.0883 10.1460 10.0584November 25, 2016 0.2295 0.3169 10.8078 10.4900

13


¢ Government Bond ¢ Total Money Market Instruments^ ^ Includes Net Current Assets

Total Debt 93.24Government Bond 93.247.61% GOI 30.096.97% GOI 25.827.68% GOI 20.408.60% GOI 4.817.35% GOI 3.238.20% GOI 2.027.88% GOI 2.018.28% GOI 1.718.83% GOI 1.388.40% GOI 1.098.17% GOI 0.69Net Current Assets 6.76

Net Assets 100%

¢ SOV & Equivalent


100.00%

93.24%

6.76%


Dec 31, 2013 To Dec 31,

2014

Dec 31, 2014 To Dec 31,

2015

Dec 31, 2015 To Dec 30,

2016

Since Inception

Current Value of Investment if `

10,000 was invested on inception date


Return (%)Absolute

Return (%)Absolute

Return (%) CAGR (%)

Axis Constant Maturity 10 Year Fund - Growth 14.97% 6.33% 13.74% 8.12% 14,70823-Jan-12

Crisil 10 Year Gilt Index (Benchmark) 14.14% 7.39% 14.97% 8.59% 15,027Past 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. Since inception returns for Axis Constant Maturity 10 Year Fund - Growth Option is calculated from 23rd January 2012.Devang Shah manages 46 schemes. Please refer to annexure on Page 23 & 24 for performance of all schemes managed by the fund manager.

FUND STYLE

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Debt Scheme

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

DATE OF ALLOTMENT27th April 2011

FUND MANAGER

R. SivakumarWork experience: 16 yearsHe has been managing this fund since inception

Devang ShahWork experience: 11 yearsHe has been managing this fund since 5th November 2012.


Regular PlanGrowth 17.0050Quarterly Dividend 10.8666Half Yearly Dividend 11.3214

BENCHMARK

Crisil Composite Bond Fund Index

FUND SIZE (`) Monthly Average AUM 357.48 Crore Latest AUM 352.51 Crore (as on 31st January 2017)

AVERAGE MATURITY*10.1 years

MODIFIED DURATION*6 years






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)


High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low


DIVIDENDS

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 ` 10Half 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.


NAV per unit (Ex


Half Yearly

Dividend


QuarterlyDividend


14

COMPOSITION BY ASSET (%) COMPOSITION BY RATING (%)

¢ SOV ¢ CRISIL AAA/ BWR AAA & Equivalent ¢ ICRA AA ¢ CRISIL AA-/ BWR AA-(SO)

¢ Government Bond ¢ Corporate Bond ¢ Total Money Market Instruments^

¢ Zero Coupon Bond ¢ State Government Bond^ Includes Net Current Assets



Total Debt 92.67Government Bond Sovereign 62.66Corporate Bond 28.32National Highways Auth Of Ind CRISIL AAA 7.14Reliance Gas Transportation Infrastructure Ltd CRISIL AAA 5.18NTPC Limited CRISIL AAA 4.26Cholamandalam Investment and Finance Company Limited ICRA AA 2.90Rural Electrification Corporation Limited CRISIL AAA 1.52Power Grid Corporation of India Limited CRISIL AAA 1.52


Vedanta Limited CRISIL AA- 1.44Dewan Housing Finance Corporation Limited BWR AAA 1.42Tata Power Company Limited CRISIL AA- 1.23India Infrastructure Fin Co Ltd CRISIL AAA 0.86Adani Properties Pvt. Ltd. BWR AA-(SO) 0.85Zero Coupon Bond 0.94JM Financial Products Ltd ICRA AA 0.94State Government Bond Sovereign 0.75Net Current Assets 7.33

Net Assets 100%

62.66%

28.32%

7.33%0.94%

0.75%

63.41%

29.23%

3.85%3.52%


Dec 31, 2013 To Dec 31,

2014

Dec 31, 2014 To Dec 31,

2015

Dec 31, 2015 To Dec 30,

2016

Since Inception




Return (%)Absolute

Return (%)Absolute

Return (%) CAGR (%)

Axis Dynamic Bond Fund - Growth 14.06% 6.75% 13.40% 9.60% 16,83727-Apr-

11Crisil Composite Bond Fund Index (Benchmark) 14.31% 8.63% 12.93% 9.48% 16,730CRISIL 10 year Gilt Index (Additional Benchmark) 14.14% 7.39% 14.97% 8.27% 15,711Past 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. Since inception returns for Axis Dynamic Bond Fund - Growth Option is calculated from 27th April 2011.R. Sivakumar manages 5 schemes & Devang Shah manages 46 schemes. Please refer to annexure on Page 23 & 24 for performance of all schemes managed by the fund managers.

FUND STYLE


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

DATE OF ALLOTMENT28th March 2012

FUND MANAGER



Regular Plan

Growth 15.6511Quarterly Dividend 10.7077Half yearly Dividend 11.3251

BENCHMARK

Crisil Composite Bond Fund Index



MODIFIED DURATION*3.3 years






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

DIVIDENDS




NAV per unit (Ex


Half Yearly

Dividend


QuarterlyDividend


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 ` 10Half 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.

15


¢ CRISIL AAA/ BWR AAA/ CRISIL AAA(SO) & Equivalent ¢ ICRA AA / CRISIL AA/ CARE AA/ CARE AA(SO) ¢ CRISIL AA-/ BWR AA-(SO)/ CARE AA- ¢ SOV ¢ BWR A+(SO)/ CARE A+/ ICRA A+ ¢ IND AA+

¢ Corporate Bond ¢ Zero Coupon Bond ¢ Government Bond ¢ Total Money Market Instruments^ ¢ State Government Bond^ Includes Net Current Assets

High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low



Total Debt 92.82Corporate Bond 68.18Reliance Gas Transportation Infrastructure Ltd CRISIL AAA 5.42Oriental Nagpur Betul Highway Limited CRISIL AAA(SO) 4.99Reliance Jio Infocomm Limited CRISIL AAA 4.60Birla Corporation Limited ICRA AA 4.53Dewan Housing Finance Corporation Limited BWR AAA 4.49Indiabulls Housing Finance Limited BWR AAA 4.48NTPC Limited CRISIL AAA 4.47Tata Power Company Limited CRISIL AA- 4.36Cholamandalam Investment and Finance Company Limited ICRA AA 3.66Hindalco Industries Limited CRISIL AA- 3.34Hansdeep Industries & Trading Co. Ltd. CARE AA(SO) 3.20PVR Limited CRISIL AA- 2.42Power Grid Corporation of India Limited CRISIL AAA 2.39Equitas Small Finance Bank Limited CARE A+ 2.27India Infoline Finance Ltd ICRA AA 2.25


Ujjivan Financial Services Limited ICRA A+ 2.24JK Lakshmi Cement Limited CARE AA 2.23Rural Electrification Corporation Limited CRISIL AAA 1.91IndoStar Capital Finance Ltd CARE AA- 1.88Adani Transmission Limited IND AA+ 1.80Power Finance Corporation Limited CRISIL AAA 1.24Zero Coupon Bond 14.92Tata Motors Finance Ltd CRISIL AA 4.47Adani Power Limited BWR AA-(SO) 3.58Edelweiss Commodities Services Ltd CARE AA 2.33Amri Hospitals Ltd BWR A+(SO) 2.31Sprit Textile Pvt. Ltd.^^ BWR A+(SO) 2.23Government Bond Sovereign 7.83State Government Bond Sovereign 1.89Net Current Assets 7.18

Net Assets 100%^^ Secured by shares of Zee Entertainment Enterprises Ltd. & Dish TV India Ltd

68.18%

14.92%

7.83%

7.18%1.89%

41.17%

22.67%

15.59%

9.72%

9.05%

1.80%


Dec 31, 2013 To Dec 31,

2014

Dec 31, 2014 To Dec 31,

2015

Dec 31, 2015 To Dec 30,

2016

Since Inception




Return (%)Absolute

Return (%)Absolute

Return (%) CAGR (%)

Axis Income Fund - Growth 15.01% 6.76% 11.62% 9.61% 15,47628-Mar-

12Crisil Composite Bond Fund Index (Benchmark) 14.31% 8.63% 12.93% 9.78% 15,596Crisil 10 Year Gilt Index (Additional Benchmark) 14.14% 7.39% 14.97% 9.24% 15,233

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. Since inception returns for Axis Income Fund - Growth Option.Devang Shah manages 46 schemes. Please refer to annexure on Page 23 & 24 for performance of all schemes managed by the fund managers.

FUND STYLE


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.

DATE OF ALLOTMENT15th July 2014

FUND MANAGERDevang ShahWork experience: 11 years

He has been managing this fund since inception.


Regular PlanGrowth 12.7451Weekly Dividend 10.1680Monthly Dividend 10.1697

BENCHMARK

Crisil Short Term Bond Fund Index








LOAD STRUCTUREEntry load - NA

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)


& 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.

* For instruments with put/call option, the put/call date has been taken as the maturity date.

16

AXIS FIXED INCOME

OPPORTUNIT I ES

FUND


DIVIDENDS


NAV per unit (Ex


Monthly Dividend

Jan 25, 2017 0.0429 0.0397 10.2169 10.1576Dec 26, 2016 0.0530 0.0491 10.1806 10.1071Nov 25, 2016 0.0699 0.0648 10.3568 10.2599




¢ ICRA A1+/ CRISIL AAA/ CARE AAA/ BWR AAA/ ICRA AAA/ IND AAA/ CRISIL AAA(SO) & Equivalent ¢ ICRA AA/CRISIL AA/CARE AA/ICRA AA(SO)/CARE AA(SO) ¢ SOV¢ IND AA-(SO)/ CARE AA-/ BWR AA-(SO) ¢ BWR A+(SO)/ ICRA A+ ¢CRISIL AA+/ CARE AA+/ IND AA+

¢ Corporate Bond ¢ Zero Coupon Bond ¢ Government Bond¢ Total Money Market Instruments^ ¢ State Government Bond^ Includes Net Current Assets

High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low


Total Debt 89.84Corporate Bond 60.58Power Finance Corporation Limited CRISIL AAA 9.36LIC Housing Finance Limited CRISIL AAA 7.00Reliance Jio Infocomm Limited CRISIL AAA 5.96Power Grid Corporation of India Limited CRISIL AAA 3.52Nirma Ltd CRISIL AA 3.40Nirchem Cement Limited CRISIL AA 3.14Cholamandalam Investment and Finance Company Limited ICRA AA 2.50Birla Corporation Limited ICRA AA 2.50Oriental Nagpur Betul Highway Limited CRISIL AAA(SO) 2.49JK Lakshmi Cement Limited CARE AA 2.15Dewan Housing Finance Corporation Limited BWR AAA 1.86Ujjivan Financial Services Limited ICRA A+ 1.85Rural Electrification Corporation Limited CRISIL AAA 1.83IndoStar Capital Finance Ltd CARE AA- 1.56Hansdeep Industries & Trading Co. Ltd. CARE AA(SO) 1.45Shriram Transport Finance Company Limited CRISIL AA+ 1.44India Infoline Finance Ltd ICRA AA 1.39Indiabulls Housing Finance Limited BWR AAA 1.36HDFC Limited CRISIL AAA 0.94Adani Transmission Limited IND AA+ 0.93Adani Properties Pvt. Ltd. BWR AA-(SO) 0.92Tata Motors Limited CARE AA+ 0.78ECL Finance Ltd ICRA AA 0.62ICICI Bank Limited ICRA AAA 0.62Tata Power Company Limited ICRA AA 0.56NABARD CRISIL AAA 0.19

^Certificate of Deposit/Commercial Paper ** Secured by shares of Emami Ltd ^^ Secured by shares of Zee Entertainment Enterprises Ltd. & Dish TV India Ltd

Tata Sons Ltd CRISIL AAA 0.19IDFC Bank Limited ICRA AAA 0.06Zero Coupon Bond 14.17Adani Power Limited BWR AA-(SO) 2.59Amri Hospitals Ltd BWR A+(SO) 2.23Tata Motors Finance Ltd CRISIL AA 1.85SVL Ltd. ICRA AA(SO) 1.66Dewan Housing Finance Corporation Limited CARE AAA 1.61JM Financial Products Ltd ICRA AA 1.02Sprit Textile Pvt. Ltd.^^ BWR A+(SO) 0.92Edelweiss Commodities Services Ltd CARE AA 0.80Dev Infracity Pvt Ltd** IND AA-(SO) 0.65Cholamandalam Investment and Finance Company Limited ICRA AA 0.45India Infoline Finance Ltd ICRA AA 0.37Government Bond Sovereign 11.32State Government Bond Sovereign 3.77Total Money Market Instruments^ 5.56Banks 2.90IDFC Bank Limited ICRA A1+ 2.90Others 2.65Barclays Invest & Loans India Ltd ICRA A1+ 1.46IFMR Capital Finance Pvt Ltd ICRA A1+ 1.19Net Current Assets 4.61

Net Assets 100%

60.58%14.17%

11.32%

10.16%3.77%

47.15%23.87%

15.09%

5.73%

5.00%3.16%


Dec 31, 2013 To Dec 31,

2014

Dec 31, 2014 To Dec 31,

2015

Dec 31, 2015 To Dec 30,

2016

Since Inception




Return (%)Absolute

Return (%)Absolute

Return (%) CAGR (%)

Axis Fixed Income Opportunities Fund - Growth - 8.70% 9.79% 9.90% 12,61915-Jul-

14CRISIL Short-Term Bond Fund Index (Benchmark) - 8.66% 9.83% 9.53% 12,513CRISIL 1 Year T-Bill (Additional Benchmark) - 8.22% 7.27% 7.93% 12,068

Past 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 Fixed Income Opportunities Fund - Growth Option is calculated from 15th July 2014. Devang Shah manages 46 schemes. Please refer to annexure on Page 23 & 24 for performance of all schemes managed by the fund manager.

FUND STYLE


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.

DATE OF ALLOTMENT22nd January 2010

FUND MANAGER

Devang ShahWork experience: 11 years

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


Regular Plan Retail PlanGrowth 17.6874 17.4879Regular Dividend 11.8325 - Monthly Dividend 10.2553 10.0994Bonus 17.7887 -Weekly Dividend 10.2471 10.1555

BENCHMARK







MINIMUM ADDITIONAL PURCHASE AMOUNT (`)1,000/1



Exit load - NIL (w.e.f. 28th August 2015)

PORTFOLIO

DIVIDENDS


High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low




Credit Risk Rating[ICRA]AAAmfs$

Option Record Date

Retail PlanDividend (` Per unit) NAV per

unit (Cum Dividend

NAV per unit (Ex

Dividend)

Dividend (` Per unit) NAV per unit (Cum Dividend)

NAV per unit (Ex

Dividend)Individuals/ HUF Others Individuals/ HUF Others

MonthlyDividend

Jan 25, 2017 0.0473 0.0438 10.3082 10.2427 0.0492 0.0456 10.1550 10.0869Dec 26, 2016 0.0547 0.0507 10.2775 10.2016 0.0572 0.0530 10.1293 10.0501Nov 25, 2016 0.0724 0.0671 10.4364 10.3361 0.0742 0.0688 10.2899 10.1870

^Certificate of Deposit/Commercial Paper/Treasury Bill @ Rated CRISIL AA by CRISIL, rating in process of withdrawal.

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 ` 10Dividends disclosed above are for the past 3 months. * For instruments with put/call option, the put/call date has been taken as the maturity date.

17


¢ Corporate Bond ¢ Total Money Market Instruments^¢ Government Bond ¢ State Government Bond ¢ Zero Coupon Bond ^ Includes Net Current Assets

¢ ICRA A1+/ CRISIL A1+/ CARE A1+/ CRISIL AAA/ CARE AAA/ ICRA AAA/IND AAA/ BWR AAA / CRISIL AAA(SO) & Equivalent ¢ SOV ¢ CRISIL AA+/ CARE AA+/ ICRA AA+/ BWR AA+ ¢ICRA AA/ CRISIL AA

Total Debt 88.32Corporate Bond 70.53Power Finance Corporation Limited CRISIL AAA 10.86Reliance Jio Infocomm Limited CRISIL AAA 7.90HDFC Limited CRISIL AAA 6.46NABARD CRISIL AAA 5.06LIC Housing Finance Limited CRISIL AAA 4.61Power Grid Corporation of India Limited CRISIL AAA 2.68Rural Electrification Corporation Limited CRISIL AAA 2.52Vodafone Mobile Services Ltd@ IND AAA 2.43Indiabulls Housing Finance Limited BWR AAA 2.41Tata Capital Financial Services Ltd CRISIL AA+ 2.32Dewan Housing Finance Corporation Limited BWR AAA 2.13HDB Financial Services Ltd CRISIL AAA 2.01Shriram Transport Finance Company Limited CRISIL AA+ 1.72National Housing Bank CRISIL AAA 1.51Mahindra & Mahindra Financial Services Limited IND AAA 1.45Tata Sons Ltd CRISIL AAA 1.21Gruh Finance Limited ICRA AAA 1.20Small Industries Dev Bank of India CARE AAA 1.19Nirma Ltd CRISIL AA 1.12State Bank of India CRISIL AAA 0.97UPL Limited BWR AA+ 0.91Tata Capital Financial Services Ltd ICRA AA+ 0.81Cholamandalam Investment and Finance Company Limited ICRA AA 0.80Oriental Nagpur Betul Highway Limited CRISIL AAA(SO) 0.72L&T Infrastructure Finance Co Ltd CARE AA+ 0.64IDFC Bank Limited ICRA AAA 0.64Indiabulls Housing Finance Limited CARE AAA 0.50Dewan Housing Finance Corporation Limited CARE AAA 0.48ICICI Bank Limited ICRA AAA 0.48Emami Limited CRISIL AA+ 0.47Tata Motors Limited CARE AA+ 0.43Export Import Bank of India CRISIL AAA 0.42Tata Power Company Limited ICRA AA 0.40Rural Electrification Corporation Limited CARE AAA 0.34


UltraTech Cement Limited CRISIL AAA 0.30Bajaj Finance Limited CARE AAA 0.18Daimler Financial Services India Pvt Ltd IND AAA 0.16National Highways Auth Of Ind CRISIL AAA 0.08Mahindra Vehicle Mfg Ltd ICRA AAA 0.01Indian Railway Finance Corp Ltd CRISIL AAA 0.01Government Bond Sovereign 10.48State Government Bond Sovereign 5.26Zero Coupon Bond 2.05Dewan Housing Finance Corporation Limited CARE AAA 1.64Indiabulls Housing Finance Limited CARE AAA 0.22Mahindra & Mahindra Financial Services Limited IND AAA 0.18Axis Finance Limited IND AAA 0.02HDB Financial Services Ltd CRISIL AAA 0.004Total Money Market Instruments^ 7.62Banks 3.59IDFC Bank Limited ICRA A1+ 1.50IDBI Bank Limited CRISIL A1+ 0.44Corporation Bank CRISIL A1+ 0.40IndusInd Bank Limited CRISIL A1+ 0.38Andhra Bank CARE A1+ 0.29Dena Bank CRISIL A1+ 0.24Vijaya Bank CARE A1+ 0.19Kotak Mahindra Bank Limited CRISIL A1+ 0.06Punjab & Sind Bank ICRA A1+ 0.06ICICI Bank Limited ICRA A1+ 0.02Others 2.92NABARD CRISIL A1+ 1.53L&T Fincorp Limited CARE A1+ 1.31Godrej Consumer Products Limited ICRA A1+ 0.08Treasury Bill 1.1156 Days CMB bill Sovereign 1.11Net Current Assets 4.06

Net Assets 100%

70.53%

11.68%

10.48%

5.26% 2.05%

73.55%

16.85%

7.30%2.31%


Dec 31, 2013 To Dec 31,

2014

Dec 31, 2014 To Dec 31,

2015

Dec 31, 2015 To Dec 30,

2016

Since Inception




Return (%)Absolute

Return (%)Absolute

Return (%) CAGR (%)

Axis Short Term Fund - Growth 10.04% 8.11% 9.64% 8.40% 17,51022-Jan-

10Crisil Short Term Bond Fund Index (Benchmark) 10.47% 8.66% 9.83% 8.41% 17,518Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 6.77% 15,753Axis Short Term Fund - Retail Plan - Growth 10.08% 8.10% 9.64% 8.36% 17,313

02-Mar-10

Crisil Short Term Bond Fund Index (Benchmark) 10.47% 8.66% 9.83% 8.51% 17,482Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 6.84% 15,716

Past 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 Short Term Fund - Growth Option & Retail Plan - Growth Option are calculated from 22nd January 2010 & 2nd March 2010 respectively. Retail Plan was introduced on 2nd March 2010. and has been discontinued from 1st October 2012.Devang Shah manages 46 schemes. Please refer to annexure on Page 23 & 24 for performance of all schemes managed by the fund manager.

FUND STYLE


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.

DATE OF ALLOTMENT8th June 2012

FUND MANAGER

Aditya PagariaWork experience: 9 years

He has been managing this fund since 13th August 2016.


Regular PlanGrowth 1482.0981

Daily Dividend 1008.0388Weekly Dividend 1007.4500Monthly Dividend 1008.7200Bonus -

BENCHMARK


FUND SIZE (`)Monthly Average AUM 603.06 Crore Latest AUM 626.34 Crore

(as on 31st January 2017)

AVERAGE MATURITY1.1 years

MODIFIED DURATION0.9 years






Exit load - Nil (w.e.f. 14th July 2014)

PORTFOLIO


High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low


DIVIDENDS

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 ` 1000Dividends disclosed above are for the past 3 months.


NAV per unit (Ex


MonthlyDividend

Jan 25, 2017 6.6649 - 1,016.6888 1,007.4611Dec 26, 2016 0.1263 - 1,007.6360 1,007.4611Nov 25, 2016 7.0845 - 1,017.2700 1,007.4611

Credit Risk Rating[ICRA]AAAmfs$

^ Certificate of Deposit


18


¢ ICRA A1+/ CRISIL A1+/ CARE A1+/ CRISIL AAA/ BWR AAA & Equivalent ¢ IND AA+ ¢ SOV

¢ Total Money Market Instruments^ ¢ Corporate Bond ¢ Zero Coupon Bond¢ Government Bond^ Includes Net Current Assets



Total Debt 48.01Corporate Bond 46.18Rural Electrification Corporation Limited CRISIL AAA 10.76Power Finance Corporation Limited CRISIL AAA 9.88NABARD CRISIL AAA 8.04LIC Housing Finance Limited CRISIL AAA 4.05Indiabulls Housing Finance Limited BWR AAA 4.00Mahindra Rural Housing Finance IND AA+ 3.98HDFC Limited CRISIL AAA 2.90Dewan Housing Finance Corporation Limited BWR AAA 2.58Zero Coupon Bond 1.40National Bank For Agriculture and Rural Development CRISIL AAA 1.40Government Bond Sovereign 0.42Total Money Market Instruments^ 45.55

Banks 45.55Kotak Mahindra Bank Limited CRISIL A1+ 9.54Punjab & Sind Bank ICRA A1+ 9.36IDFC Bank Limited ICRA A1+ 7.54Corporation Bank CRISIL A1+ 3.97HDFC Bank Limited CARE A1+ 3.96IndusInd Bank Limited CRISIL A1+ 3.79Andhra Bank CARE A1+ 3.34Vijaya Bank CARE A1+ 2.06IDBI Bank Limited CRISIL A1+ 1.99Net Current Assets 6.44

Net Assets 100%

51.99%

46.18%

1.40% 0.42%

95.60%

3.98% 0.42%


Dec 31, 2013 To Dec 31,

2014

Dec 31, 2014 To Dec 31,

2015

Dec 31, 2015 To Dec 30,

2016

Since Inception




Return (%)Absolute

Return (%)Absolute

Return (%)CAGR

(%)

Axis Banking & PSU Debt Fund - Growth 9.27% 8.50% 8.37% 8.79% 14,68808-Jun-

12Crisil Short Term Bond Fund Index (Benchmark) 10.47% 8.66% 9.83% 9.29% 14,999Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 7.49% 13,908Past 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. Since inception returns for Axis Banking & PSU Debt Fund - Growth Option is calculated from 8th June 2012.Aditya Pagaria manages 3 schemes. Please refer to annexure on Page 24-25 for performance of all schemes managed by the fund manager.

FUND STYLE


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.

DATE OF ALLOTMENT9th October 2009

FUND MANAGER

Devang ShahWork experience: 11 yearsHe has been managing this fund since 07th June 2016.

Aditya PagariaWork experience: 9 yearsHe has been managing this fund since 13th August 2016.


Regular Plan Retail PlanGrowth 1796.9209 1690.7324Daily Dividend 1006.2334 1005.4758Weekly Dividend 1006.3038 1004.8841Monthly Dividend 1006.8138 1006.7009Bonus - -

BENCHMARK

Crisil Liquid Fund Index


AVERAGE MATURITY*176 days

MODIFIED DURATION*157 days






Exit load - Nil

PORTFOLIO


High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low

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 ` 1000Dividends disclosed above are for the past 3 months. * For instruments with put/call option, the put/call date has been taken as the maturity date.




Credit Risk Rating[ICRA]A1+mfs^

DIVIDENDS

Option Record Date


unit (Cum Dividend

NAV per unit (Ex

Dividend)


NAV per unit (Ex


MonthlyDividend

Jan 25, 2017 4.9302 4.5677 1,012.2774 1,005.4514 4.5184 - 1,011.7039 1,005.4482Dec 26, 2016 1.6571 1.5353 1,007.7458 1,005.4514 1.2371 - 1,007.1613 1,005.4482

Nov 25, 2016 4.3173 3.9999 1,011.4289 1,005.4514 3.8944 - 1,010.8405 1,005.4482


19


¢ Total Money Market Instruments^ ¢ Corporate Bond ¢ Zero Coupon Bond ^ Includes Net Current Assets

¢ ICRA A1+/ CRISIL A1+/ CARE A1+/ IND A1+/ CRISIL AAA/ CARE AAA/ICRA AAA/ BWR AAA/ IND AAA & Equivalent ¢ SOV ¢ CRISIL AA+/CARE AA+/ IND AA+ ¢ ICRA AA

Total Money Market Instruments^ 37.54Banks 14.43Punjab & Sind Bank ICRA A1+ 2.71Corporation Bank CRISIL A1+ 2.70Small Industries Dev Bank of India CARE A1+ 1.80IDFC Bank Limited ICRA A1+ 1.71IDBI Bank Limited CRISIL A1+ 1.09ICICI Bank Limited ICRA A1+ 1.07IndusInd Bank Limited CRISIL A1+ 1.01Export Import Bank of India CRISIL A1+ 0.87Andhra Bank CARE A1+ 0.72Dena Bank CRISIL A1+ 0.36The South Indian Bank Limited CARE A1+ 0.18RBL Bank Limited ICRA A1+ 0.17Kotak Mahindra Bank Limited CRISIL A1+ 0.04Others 12.10Adani Transmission Limited IND A1+ 3.56Cholamandalam Investment and Finance Company Limited ICRA A1+ 2.66Adani Ports and Special Economic Zone Limited ICRA A1+ 1.80L&T Fincorp Limited CARE A1+ 1.75Family Credit Ltd CARE A1+ 0.90Shapoorji Pallonji and Company Private Ltd ICRA A1+ 0.88Birla Corporation Limited CRISIL A1+ 0.18Vodafone India Ltd CRISIL A1+ 0.18IFMR Capital Finance Pvt Ltd ICRA A1+ 0.18Treasury Bill 11.0156 Days CMB bill Sovereign 10.8391 Days Tbill Sovereign 0.18Total Debt 50.61Corporate Bond 46.06Power Finance Corporation Limited CRISIL AAA 4.73National Housing Bank CRISIL AAA 4.72

Indiabulls Housing Finance Limited BWR AAA 4.00Export Import Bank of India CRISIL AAA 3.65Tata Capital Financial Services Ltd CRISIL AA+ 3.29Citicorp Finance India Ltd ICRA AAA 2.72NABARD CRISIL AAA 2.20Emami Limited CRISIL AA+ 2.19LIC Housing Finance Limited CRISIL AAA 1.86Reliance Jio Infocomm Limited CRISIL AAA 1.85Piramal Finance Private Limited ICRA AA 1.83HDFC Limited CRISIL AAA 1.81Daimler Financial Services India Pvt Ltd IND AAA 1.46Tata Motors Limited CARE AA+ 1.45Small Industries Dev Bank of India CARE AAA 1.20Mahindra & Mahindra Financial Services Limited IND AAA 0.93L&T Infrastructure Finance Co Ltd CARE AA+ 0.91HDB Financial Services Ltd CRISIL AAA 0.91Indiabulls Housing Finance Limited CARE AAA 0.91Tata Power Company Limited ICRA AA 0.91Mahindra Rural Housing Finance IND AA+ 0.90Shriram Transport Finance Company Limited CRISIL AA+ 0.69Cholamandalam Investment and Finance Company Limited ICRA AA 0.55India Infoline Finance Ltd ICRA AA 0.37Rural Electrification Corporation Limited CRISIL AAA 0.004Zero Coupon Bond 4.56Dewan Housing Finance Corporation Limited CARE AAA 2.95JM Financial Products Ltd ICRA AA 1.12India Infoline Finance Ltd ICRA AA 0.48Net Current Assets 11.85

Net Assets 100%^Certificate of Deposit/Commercial Paper/Treasury Bill

49.39%

46.06%

4.56%

74.29%

11.01%

9.44%

5.26%


Dec 31, 2013 To Dec 31,

2014

Dec 31, 2014 To Dec 31,

2015

Dec 31, 2015 To Dec 30,

2016

Since Inception




Return (%)Absolute

Return (%)Absolute

Return (%) CAGR (%)

Axis Treasury Advantage Fund - Growth 8.72% 8.53% 8.16% 8.33% 17,83709-Oct-

09Crisil Liquid Fund Index (Benchmark) 9.21% 8.23% 7.48% 7.79% 17,198

Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 6.60% 15,876

Axis Treasury Advantage Fund - Retail Plan - Growth 7.98% 7.84% 7.46% 7.88% 16,79303-Mar-

10Crisil Liquid Fund Index (Benchmark) 9.21% 8.23% 7.48% 8.07% 16,995

Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 6.84% 15,716Past 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. Since inception returns for Axis Treasury Advantage Fund – Growth & Retail Plan - Growth Option are calculated from 9th October 2009 & 3rd March 2010 respectively. Retail Plan was introduced on 3rd March 2010 and has been discontinued from 1st October 2012.Devang Shah manages 46 schemes & Aditya Pagaria manages 3 schemes. Please refer to annexure on 23 & 25 for performance of all schemes managed by the fund manager.

FUND STYLE

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Liquid Scheme

To provide a high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market and debt securities. However, there can be no assurance that the investment objective of the Scheme will be achieved.DATE OF ALLOTMENT9th October 2009

FUND MANAGER


Aditya PagariaWork experience: 9 yearsHe has been managing this fund since 13th August 2016.


Regular Plan Retail PlanGrowth 1778.7276 1699.9153Daily Dividend 1000.8759 1000.6413Weekly Dividend 1002.2731 1000.6898Monthly Dividend 1001.6816 1001.2226Bonus - -

BENCHMARK



AVERAGE MATURITY36 days

MODIFIED DURATION33 days


MINIMUM AMOUNT FOR PURCHASE/ SWITCH-IN (`)Growth Option: ` 500 and in multiples of ` 1/- thereafterAll other Options:` 5,000 and in multiples of ` 1/- thereafterMINIMUM ADDITIONAL PURCHASE AMOUNT (`)Growth Option:` 500 and in multiples of ` 1/- thereafterAll other Options:` 1,000 and in multiples of ` 1/- thereafterLOAD STRUCTUREEntry load - Not applicable

Exit load - Nil

PORTFOLIO


High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low

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 ` 1000Dividends disclosed above are for the past 3 months.& 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.



Credit Risk Rating[ICRA]A1+mfs^ CARE AAA mfs^

DIVIDENDS

Option Record Date


unit (Cum Dividend

NAV per unit (Ex

Dividend)


NAV per unit (Ex


MonthlyDividend

Jan 25, 2017 3.9408 3.6511 1,006.0458 1,000.5896 3.6236 - 1,005.2361 1,000.2195Dec 26, 2016 3.9033 3.6163 1,005.9939 1,000.5896 3.5681 - 1,005.1604 1,000.2195Nov 25, 2016 4.2074 3.8980 1,006.4149 1,000.5896 3.8851 - 1,005.5978 1,000.2195

20

COMPOSITION BY ASSET (%)

¢ Total Money Market Instruments^ ¢ Corporate Bond ¢ Zero Coupon Bond^ Includes Net Current Assets

Total Money Market Instruments^ 99.54Banks 12.11IDFC Bank Limited ICRA A1+ 4.87RBL Bank Limited ICRA A1+ 1.48UCO Bank CRISIL A1+ 1.16The South Indian Bank Limited CARE A1+ 1.13IndusInd Bank Limited CRISIL A1+ 1.13Vijaya Bank CARE A1+ 0.73Yes Bank Limited ICRA A1+ 0.58Small Industries Dev Bank of India CARE A1+ 0.58Andhra Bank CARE A1+ 0.15Corporation Bank CRISIL A1+ 0.15NABARD CRISIL A1+ 0.15Others 51.92Indiabulls Housing Finance Limited CRISIL A1+ 3.52Piramal Finance Private Limited ICRA A1+ 2.85Edelweiss Commodities Services Ltd CRISIL A1+ 2.63Rural Electrification Corporation Limited CARE A1+ 2.33Kotak Mahindra Prime Ltd CRISIL A1+ 2.32NABARD CRISIL A1+ 2.31Reliance Jio Infocomm Limited CARE A1+ 2.29IIFL Wealth Finance Limited ICRA A1+ 1.89Bajaj Finance Limited CRISIL A1+ 1.89Bharti Airtel Limited ICRA A1+ 1.86ECL Finance Ltd CRISIL A1+ 1.75Tata Capital Financial Services Ltd ICRA A1+ 1.74Vedanta Limited CRISIL A1+ 1.72UPL Limited CRISIL A1+ 1.72JSW Steel Limited CARE A1+ 1.45Daimler Financial Services India Pvt Ltd IND A1+ 1.42Vodafone India Ltd CRISIL A1+ 1.22JM Financial Products Ltd CRISIL A1+ 1.17Infina Finance Private Limited CRISIL A1+ 1.17Steel Authority of India Limited IND A1+ 1.14Adani Ports and Special Economic Zone Limited ICRA A1+ 1.14Aditya Birla Fashion and Retail Limited CRISIL A1+ 1.02Hero Fincorp Limited CRISIL A1+ 1.01Dewan Housing Finance Corporation Limited CRISIL A1+ 1.01

Redington (India) Limited ICRA A1+ 0.87Hinduja Leyland Finance Ltd CARE A1+ 0.87Gruh Finance Limited CRISIL A1+ 0.87HDFC Limited ICRA A1+ 0.61India Infoline Finance Ltd ICRA A1+ 0.61TVS Credit Services Ltd CRISIL A1+ 0.58Adani Gas Ltd. CARE A1+ 0.58Turquoise Invest & Finance Pvt Ltd CRISIL A1+ 0.58TVS Credit Services Ltd ICRA A1+ 0.58Tata Power Company Limited ICRA A1+ 0.58Godrej Industries Limited ICRA A1+ 0.46Adani Transmission Limited IND A1+ 0.44SRF Limited IND A1+ 0.29IFMR Capital Finance Pvt Ltd ICRA A1+ 0.29Tata Capital Housing Finance Ltd CRISIL A1+ 0.29IDFC Infrastructure Finance Limited ICRA A1+ 0.29Aditya Birla Housing Finance Ltd. ICRA A1+ 0.23Ujjivan Financial Services Limited CRISIL A1+ 0.15JM Financial Services Ltd ICRA A1+ 0.15Small Industries Dev Bank of India CARE A1+ 0.03Treasury Bill 35.5156 Days CMB bill Sovereign 11.9691 Days Tbill Sovereign 8.0349 Days CMB Sovereign 5.1428 Days CMB bill Sovereign 3.3535 Days CMB Sovereign 3.10182 Days Tbill Sovereign 1.4663 Days CMB Sovereign 1.37364 Days Tbill Sovereign 1.10Total Debt 0.47Corporate Bond 0.31Indiabulls Housing Finance Limited CARE AAA 0.31Zero Coupon Bond 0.17Magma Fincorp Limited CARE AA- 0.17Net Current Assets -0.01

Net Assets 100%

COMPOSITION BY RATING (%)

¢ ICRA A1+/ CRISIL A1+/ CARE A1+/ IND A1+/ CARE AAA & Equivalent ¢ SOV ¢ CARE AA-

^Certificate of Deposit/Commercial Paper/Treasury Bill


99.53%

0.31%0.17%

64.33%

35.51%

0.17%

SCHEME PERFORMANCE (as on 31st December 2016) 7 Days 15 Days 30 Days

Dec 31, 2013 To Dec 31, 2014

Dec 31, 2014 To Dec 31, 2015

Dec 31, 2015 To Dec 31, 2016

SinceInception

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

date

Date of incep-tion

Annualised Return (%) Absolute Return (%)

Absolute Return (%)

Absolute Return (%)

CAGR (%)

Axis Liquid Fund - Growth 6.81% 6.69% 6.57% 9.10% 8.35% 7.64% 8.20% 17,688 09-Oct-09

Crisil Liquid Fund Index (Benchmark) 6.98% 6.52% 6.03% 9.21% 8.23% 7.50% 7.79% 17,201Crisil 1 Year T-Bill Index (Additional Benchmark) 3.99% 4.18% 2.82% 8.56% 8.22% 7.29% 6.60% 15,878Axis Liquid Fund - Retail Plan - Growth 6.25% 6.11% 5.99% 8.55% 7.79% 7.08% 7.98% 16,911 01-

Mar-10

Crisil Liquid Fund Index (Benchmark) 6.98% 6.52% 6.03% 9.21% 8.23% 7.50% 8.07% 17,008Crisil 1 Year T-Bill Index (Additional Benchmark) 3.99% 4.18% 2.82% 8.56% 8.22% 7.29% 6.84% 15,720

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.Since inception returns for Axis Liquid Fund Plan - Growth Option & Retail Plan - Growth Option are calculated from 9th October 2009 & 1st March 2010 respectively. Retail Plan was introduced on 1st March 2010 and has been discontinued from 1st October 2012.Devang Shah manages 46 schemes & Aditya Pagaria manages 3 schemes. Please refer to annexure on Page 23 & 25 for performance of all schemes managed by the fund manager.

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended arbitrage fund

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.

DATE OF ALLOTMENT14th August 2014

FUND MANAGER

Ashwin Patni Work experience: 13 years He has been managing the fund since 27th April 2015

Devang ShahWork experience: 11 years

He has been managing this fund since inception.


Regular Plan

Growth 11.8385Dividend 10.5028

BENCHMARK






LOAD STRUCTUREEntry load - NA

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


21

AXIS ENHANCED

ARBITRAGE FUND

PORTFOLIOCompany Name % of Assets



Option Record Date /Ex NAV Date


NAV per unit (Ex


Dividend

Jan 25, 2017 0.05 0.05 10.5357 10.4857

Dec 26, 2016 0.05 0.05 10.5506 10.5006

Nov 25, 2016 0.05 0.05 10.5377 10.4877

DIVIDENDS

Total Hedged Equity 65.08Reliance Industries Limited 9.71HDFC Bank Limited 8.45Divi’s Laboratories Limited 7.14HDFC Limited 6.39Sun Pharmaceuticals Industries Limited 6.37Eicher Motors Limited 4.07Aurobindo Pharma Limited 3.89Tata Consultancy Services Limited 3.88Century Textiles & Industries Limited 3.53Cipla Limited 3.35Siemens Limited 1.94

Mahindra & Mahindra Limited 1.74Tata Motors Limited 1.17Britannia Industries Limited 1.09Asian Paints Limited 0.75Oracle Financial Services Software Limited 0.64Indiabulls Housing Finance Limited 0.55UPL Limited 0.25DCB Bank Limited 0.18Debt, Cash & Other Receivables 34.92

Net Assets 100%


^Commercial Paper


Dec 31, 2013 To Dec 31,

2014

Dec 31, 2014 To Dec 31,

2015

Dec 31, 2015 To Dec 30,

2016

Since Inception




Return (%)Absolute

Return (%)Absolute

Return (%) CAGR (%)

Axis Enhanced Arbitrage Fund - Growth - 7.30% 6.95% 7.23% 11,80714-Aug-

14CRISIL Liquid Fund Index (Benchmark) - 8.23% 7.48% 8.02% 12,016CRISIL 1 Year T-Bill (Additional Benchmark) - 8.22% 7.27% 7.94% 11,994

Past 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 Enhanced Arbitrage Fund - Growth Option is calculated from 14th August 2014. Devang Shah manages 46 schemes & Ashwin Patni manages 21 schemes. Please refer to annexure on Page 23 & 24 for performance of all schemes managed by the fund managers.

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open Ended Balanced SchemeThe 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.

DATE OF ALLOTMENT08th December 2015

FUND MANAGERAshish NaikWork experience: 10 yearsHe has been managing this fund since 6th July 2016

R. Sivakumar Work experience: 16 years He has been managing this fund 07th June 2016.

LATEST NAV (`) as on 31st January 2017 No Lock-InGrowth 10.6542Dividend 10.6591 Compulsory Lock-In

Growth 10.6554 Dividend 10.6599

BENCHMARK50% Nifty 50 + 50% Crisil Composite Bond Fund Index


AVERAGE MATURITY@*7.4 years

MODIFIED DURATION@*5 years





LOAD STRUCTUREEntry load - NAExit 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




@ 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.

22

Ass

et C

lass

FUND STYLE

*Hedged Equity/ Cash-futures arbitrage

COMPOSITION BY ASSET (%)

¢ Unhedged Equity ¢ Debt, Cash and Other Receivables ¢ Hedged Equity

Indraprastha Gas Limited 1.04Industrial Capital Goods 0.85Siemens Limited 0.85Industrial Products 2.69Carborundum Universal Limited 0.94Cummins India Limited 1.75Media & Entertainment 1.80Zee Entertainment Enterprises Limited 1.80Pesticides 1.18UPL Limited 1.18Petroleum Products 1.20Gulf Oil Lubricants India Limited 1.20Pharmaceuticals 5.92Cadila Healthcare Limited 1.53Sanofi India Limited 1.59Sun Pharmaceuticals Industries Limited 2.33Torrent Pharmaceuticals Limited 0.48Power 0.93Torrent Power Limited 0.93Software 4.53Info Edge (India) Limited 1.00Infosys Limited 2.19Tech Mahindra Limited 1.33Textile Products 2.85Page Industries Limited 1.36SRF Limited 1.49Transportation 0.52Gujarat Pipavav Port Limited 0.52Total Hedged Equity 7.31The South Indian Bank Limited 0.44Dish TV India Limited 0.56Tata Motors Limited 0.10HDFC Bank Limited 1.78HDFC Limited 2.11Aurobindo Pharma Limited 1.51IDFC Limited 0.48Mahindra & Mahindra Limited 0.32Debt, Cash & Other Receivables 1.44

Net Assets 100%

Total Debt 33.15Total Fixed Deposit 1.11Government Bond Sovereign 21.52Corporate Bond 10.11Power Finance Corporation Limited CRISIL AAA 6.00HDFC Limited CRISIL AAA 3.00Cholamandalam Investment and Finance Company Limited ICRA AA 0.74Adani Properties Pvt. Ltd. BWR AA-(SO) 0.37Zero Coupon Bond 0.41JM Financial Products Ltd ICRA AA 0.41Total Equity 65.41Total Unhedged Equity 58.10Auto 6.04Mahindra & Mahindra Limited 1.10Maruti Suzuki India Limited 3.01Tata Motors Limited 1.93Auto Ancillaries 2.78Motherson Sumi Systems Limited 2.78Banks 10.51City Union Bank Limited 1.32HDFC Bank Limited 4.31ICICI Bank Limited 1.77Kotak Mahindra Bank Limited 3.10Chemicals 1.10Pidilite Industries Limited 1.10Construction Project 2.13Larsen & Toubro Limited 2.13Consumer Non Durables 2.98Asian Paints Limited 1.78ITC Limited 1.20Finance 9.08Bajaj Finance Limited 1.92Cholamandalam Investment and Finance Company Limited 1.56CRISIL Limited 0.92HDFC Limited 3.52Sundaram Finance Limited 1.17Gas 1.04

COMPOSITION BY RATING (%)

¢ SOV ¢ CRISIL AAA & Equivalent ¢ ICRA AA ¢ BWR AA-(SO)

Equity

Debt


Equity Arbitrage


58.10%

34.59%

7.31%

21.52%

10.44%

1.15% 0.37%


Dec 31 2013 To Dec 31,

2014

Dec 31, 2014 To Dec 31,

2015

Dec 31, 2015 To Dec 30,

2016

Since Inception




Return (%)Absolute

Return (%)Absolute

Return (%) CAGR (%)

Axis Childrens Gift Fund - Compulsory Lock-in - Regular Plan - Growth - - 2.16% 3.29% 10,350

08-Dec-1550% Nifty 50 + 50% Crisil Composite Bond Fund

Index (Benchmark) - - 8.17% 9.46% 11,008

Nifty 50 (Additional Benchmark) - - 3.01% 5.90% 10,629Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth - - 2.14% 3.28% 10,349

08-Dec-1550% Nifty 50 + 50% Crisil Composite Bond Fund

Index (Benchmark) - - 8.17% 9.46% 11,008

Nifty 50 (Additional Benchmark) - - 3.01% 5.90% 10,629

Past 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. Ashish Naik manages 3 schemes & R. Sivakumar manages 5 schemes. Please refer to annexure on & 24 for performance of all schemes managed by the fund managers.

ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 30th December 2016)Dec 31, 2013 to Dec 31, 2014

Absolute Return (%)

Dec 31, 2014 to Dec 31, 2015

Absolute Return (%)

Dec 31, 2015 to Dec 30, 2016

Absolute Return (%)

Since Inception CAGR (%)


date

Date of inception

Funds managed by Shreyash DevalkarAxis Equity Fund - Growth 40.85% -1.24% -3.62% 9.10% 18,380

05-Jan-10Nifty 50 (Benchmark) 31.39% -4.06% 3.01% 6.48% 15,510S&P BSE Sensex (Additional Benchmark) 29.89% -5.03% 1.95% 6.03% 15,055Axis Midcap Fund - Growth 76.55% 0.85% -3.11% 16.31% 24,270

18-Feb-11S&P BSE Midcap (Benchmark) 54.69% 7.43% 7.97% 10.60% 18,061Nifty 50 (Additional Benchmark) 31.39% -4.06% 3.01% 7.15% 14,995

Funds managed by Jinesh GopaniAxis Long Term Equity Fund - Growth* 66.18% 6.70% -0.69% 17.19% 30,400

29-Dec-09S&P BSE 200 (Benchmark) 35.47% -1.48% 3.95% 7.08% 16,149Nifty 50 (Additional Benchmark) 31.39% -4.06% 3.01% 6.72% 15,778Axis Income Saver - Growth # 20.68% 6.27% 4.19% 8.06% 16,500

16-Jul-10Crisil MIP Blended Fund Index (Benchmark) 16.83% 6.79% 11.55% 8.72% 17,166CRISIL 10 year Gilt Index (Additional Benchmark) 14.14% 7.39% 14.97% 7.60% 16,059Axis Focused 25 Fund - Growth 38.75% 3.91% 4.56% 14.43% 18,360

29-Jun-12Nifty 50 (Benchmark) 31.39% -4.06% 3.01% 10.22% 15,507S&P BSE 200 (Additional Benchmark) 35.47% -1.48% 3.95% 11.63% 16,421

Funds managed by R.SivakumarAxis Equity Saver Fund - Growth - - 2.39% 2.09% 10,290

14-Aug-15CRISIL MIP Blended Index (Benchmark) - - 11.55% 9.49% 11,334Nifty 50 (Additional Benchmark) - - 3.01% -2.84% 9,609Axis Triple Advantage Fund - Growth 17.16% -0.51% 7.12% 7.45% 15,788

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

16.49% -0.32% 9.66% 7.58% 15,917

Crisil 10 Year Gilt Index (Additional Benchmark) 14.14% 7.39% 14.97% 8.02% 16,328 Axis Dynamic Bond Fund - Growth 14.06% 6.75% 13.40% 9.60% 16,837

27-Apr-11Crisil Composite Bond Fund Index (Benchmark) 14.31% 8.63% 12.93% 9.48% 16,730Crisil 10 Year Gilt Index (Additional Benchmark) 14.14% 7.39% 14.97% 8.27% 15,711Axis Capital Protection Oriented Fund - Series 5 # 23.56% -4.20% 3.43% 7.13% 13,322

02-Nov-12Crisil MIP Blended Fund Index (Benchmark) 16.83% 6.79% 11.55% 9.87% 14,797Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 7.50% 13,511Axis Childrens Gift Fund - Compulsory Lock-in - Regular Plan - Growth - - 2.16% 3.29% 10,350

08-Dec-1550% Nifty 50 + 50% Crisil Composite Bond Fund Index (Benchmark) - - 8.17% 9.46% 11,008Nifty 50 (Additional Benchmark) - - 3.01% 5.90% 10,629Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth - - 2.14% 3.28% 10,349

08-Dec-1550% Nifty 50 + 50% Crisil Composite Bond Fund Index (Benchmark) - - 8.17% 9.46% 11,008Nifty 50 (Additional Benchmark) - - 3.01% 5.90% 10,629

Funds managed by Devang ShahAxis Income Saver - Growth # 20.68% 6.27% 4.19% 8.06% 16,500

16-Jul-10Crisil MIP Blended Fund Index (Benchmark) 16.83% 6.79% 11.55% 8.72% 17,166Crisil 10 Year Gilt Index (Additional Benchmark) 14.14% 7.39% 14.97% 7.60% 16,059Axis Dynamic Bond Fund - Growth 14.06% 6.75% 13.40% 9.60% 16,837

27-Apr-11Crisil Composite Bond Fund Index (Benchmark) 14.31% 8.63% 12.93% 9.48% 16,730Crisil 10 Year Gilt Index (Additional Benchmark) 14.14% 7.39% 14.97% 8.27% 15,711Axis Fixed Income Opportunities Fund - 8.70% 9.79% 9.90% 12,619

15-July-14CRISIL Short-Term Bond Fund Index (Benchmark) - 8.66% 9.83% 9.53% 12,513CRISIL 1 Year T-Bill (Additional Benchmark) - 8.22% 7.27% 7.93% 12,068Axis Income Fund - Growth 15.01% 6.76% 11.62% 9.61% 15,476

28-Mar-12Crisil Composite Bond Fund Index (Benchmark) 14.31% 8.63% 12.93% 9.78% 15,596Crisil 10 Year Gilt Index (Additional Benchmark) 14.14% 7.39% 14.97% 9.24% 15,233Axis Short Term Fund - Growth 10.04% 8.11% 9.64% 8.40% 17,510

22-Jan-10Crisil Short Term Bond Fund Index (Benchmark) 10.47% 8.66% 9.83% 8.41% 17,518Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 6.77% 15,753Axis Short Term Fund - Retail Plan - Growth 10.08% 8.10% 9.64% 8.36% 17,313

02-Mar-10Crisil Short Term Bond Fund Index (Benchmark) 10.47% 8.66% 9.83% 8.51% 17,482Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 6.84% 15,716Axis Liquid Fund - Growth 9.10% 8.35% 7.64% 8.20% 17,688

09-Oct-09Crisil Liquid Fund Index (Benchmark) 9.21% 8.23% 7.50% 7.79% 17,201Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.29% 6.60% 15,878Axis Liquid Fund - Retail Plan - Growth 8.55% 7.79% 7.08% 7.98% 16,911

01-Mar-10Crisil Liquid Fund Index (Benchmark) 9.21% 8.23% 7.50% 8.07% 17,008Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.29% 6.84% 15,720Axis Treasury Advantage Fund - Growth 8.72% 8.53% 8.16% 8.33% 17,837

09-Oct-09Crisil Liquid Fund Index (Benchmark) 9.21% 8.23% 7.48% 7.79% 17,198Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 6.60% 15,876Axis Treasury Advantage Fund - Retail Plan - Growth 7.98% 7.84% 7.46% 7.88% 16,793

03-Mar-10Crisil Liquid Fund Index (Benchmark) 9.21% 8.23% 7.48% 8.07% 16,995Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 6.84% 15,716Axis Gold ETF 0.74% -8.02% 9.88% 4.12% 12,818

10-Nov-10Domestic Price of Gold 2.13% -7.24% 11.80% 3.91% 12,656Additional Benchmark Not ApplicableAxis Gold Fund -11.42% -11.86% 10.70% -1.83% 9,082

20-Oct-11Domestic Price of Gold 2.13% -7.24% 11.80% -0.53% 9,727Additional Benchmark Not ApplicableAxis Enhanced Arbitrage Fund - Growth - 7.30% 6.95% 7.23% 11,807

14-Aug-14CRISIL Liquid Fund Index (Benchmark) - 8.23% 7.48% 8.02% 12,016CRISIL 1 Year T-Bill (Additional Benchmark) - 8.22% 7.27% 7.94% 11,994Axis Constant Maturity 10 Year Fund - Growth 14.97% 6.33% 13.74% 8.12% 14,708 23-Jan-12Crisil 10 Year Gilt Index (Benchmark) 14.14% 7.39% 14.97% 8.59% 15,027Axis Hybrid Fund - Series 5 - Growth # 21.61% -2.13% 0.19% 6.19% 12,292

25-Jul-13Crisil MIP Blended Fund Index (Benchmark) 16.83% 6.79% 11.55% 11.07% 14,343Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 8.09% 13,062Axis Hybrid Fund - Series 6 - Growth # 23.03% -4.56% 0.78% 6.90% 12,527

16-Aug-13Crisil MIP Blended Fund Index (Benchmark) 16.83% 6.79% 11.55% 12.27% 14,781Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 8.17% 13,035Axis Hybrid Fund - Series 7 - Growth # 22.89% -4.20% 0.62% 6.84% 12,456

05-Sep-13Crisil MIP Blended Fund Index (Benchmark) 16.83% 6.79% 11.55% 11.66% 14,421Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 8.06% 12,934Axis Hybrid Fund - Series 8 - Growth # - -4.32% 1.54% 4.74% 11,455

24-Jan-14Crisil MIP Blended Fund Index (Benchmark) - 6.79% 11.55% 11.59% 13,795Crisil 1 yr Tbill Index (Additional Benchmark) - 8.22% 7.27% 7.98% 12,525Axis Hybrid Fund - Series 9 - Growth # - -4.18% 1.54% 4.87% 11,466

13-Feb-14Crisil MIP Blended Fund Index (Benchmark) - 6.79% 11.55% 12.20% 13,932Crisil 1 yr Tbill Index (Additional Benchmark) - 8.22% 7.27% 8.08% 12,507Axis Hybrid Fund - Series 11 - Growth # - -3.62% 1.81% 3.25% 10,884

9-May-14CRISIL MIP Blended Index (Benchmark) - 6.79% 11.55% 11.26% 13,264CRISIL 1 Year T-Bill (Additional Benchmark) - 8.22% 7.27% 7.98% 12,253Axis Hybrid Fund - Series 12 - Growth # - -3.36% 1.81% 3.04% 10,809


18-Jun-14CRISIL MIP Blended Index (Benchmark) - 6.79% 11.55% 10.34% 12,835CRISIL 1 Year T-Bill (Additional Benchmark) - 8.22% 7.27% 7.92% 12,133Axis Hybrid Fund - Series 14 - Growth # - -0.39% 1.67% 1.53% 10,360

2-Sep-14CRISIL MIP Blended Index (Benchmark) - 6.79% 11.55% 10.27% 12,556CRISIL 1 Year T-Bill (Additional Benchmark) - 8.22% 7.27% 7.94% 11,947Axis Hybrid Fund - Series 15 - Growth # - -0.54% 1.58% 1.25% 10,289

17-Sep-14CRISIL MIP Blended Index (Benchmark) - 6.79% 11.55% 10.35% 12,528CRISIL 1 Year T-Bill (Additional Benchmark) - 8.22% 7.27% 7.92% 11,906

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.

23

Dec 31, 2013 to Dec 31, 2014

Absolute Return (%)

Dec 31, 2014 to Dec 31, 2015

Absolute Return (%)

Dec 31, 2015 to Dec 30, 2016

Absolute Return (%)



date

Date of inception

Axis Hybrid Fund - Series 18 - Growth # - - 3.52% 0.32% 10,06319-Jan-15CRISIL MIP Blended Index (Benchmark) - - 11.55% 8.49% 11,719

CRISIL 1 Year T-Bill (Additional Benchmark) - - 7.27% 7.65% 11,544Axis Hybrid Fund - Series 19 - Growth # - - 3.76% -0.12% 9,976

04-Feb-15CRISIL MIP Blended Index (Benchmark) - - 11.55% 8.37% 11,655CRISIL 1 Year T-Bill (Additional Benchmark) - - 7.27% 7.71% 11,518Axis Hybrid Fund - Series 22 - Growth # - - 3.68% -0.70% 9,885

11-May-15CRISIL MIP Blended Index (Benchmark) - - 11.55% 9.52% 11,610CRISIL 1 Year T-Bill (Additional Benchmark) - - 7.27% 7.63% 11,283Axis Hybrid Fund - Series 23 - Growth # - - 3.40% -0.60% 9,905


17-Jun-15CRISIL MIP Blended Index (Benchmark) - - 11.55% 10.31% 11,631CRISIL 1 Year T-Bill (Additional Benchmark) - - 7.27% 7.55% 11,185Axis Hybrid Fund - Series 25 - Growth # - - 3.56% 0.85% 10,115

25-Aug-15CRISIL MIP Blended Index (Benchmark) - - 11.55% 10.67% 11,467CRISIL 1 Year T-Bill (Additional Benchmark) - - 7.27% 7.45% 11,019Axis Hybrid Fund - Series 26 - Growth # - - 3.38% 1.46% 10,192

10-Sep-15Crisil Composite Bond Fund Index (85%) and Nifty 50 Index (15%) (Benchmark) - - 11.55% 10.91% 11,449CRISIL 1 Year T-Bill (Additional Benchmark) - - 7.27% 7.37% 10,974Axis Hybrid Fund - Series 27 - Growth # - - 4.01% 0.72% 10,084

29-Oct-15 Crisil Composite Bond Fund Index (85%) and Nifty 50 Index (15%) (Benchmark) - - 11.55% 9.97% 11,179Crisil 1 yr Tbill Index (Additional Benchmark) - - 7.27% 7.18% 10,847Axis Hybrid Fund - Series 28 - Growth # - - 3.42% 2.73% 10,305

18-Nov-15 Crisil Composite Bond Fund Index (85%) and Nifty 50 Index (15%) (Benchmark) - - 11.55% 11.06% 11,244CRISIL 1 Year T-Bill (Additional Benchmark) - - 7.27% 7.19% 10,808

Funds managed by Ashwin PatniAxis Enhanced Arbitrage Fund - Growth - 7.30% 6.95% 7.23% 11,807

14-Aug-14CRISIL Liquid Fund Index (Benchmark) - 8.23% 7.48% 8.02% 12,016CRISIL 1 Year T-Bill (Additional Benchmark) - 8.22% 7.27% 7.94% 11,994Axis Hybrid Fund - Series 5 - Growth # 21.61% -2.13% 0.19% 6.19% 12,292

25-Jul-13Crisil MIP Blended Fund Index (Benchmark) 16.83% 6.79% 11.55% 11.07% 14,343Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 8.09% 13,062Axis Hybrid Fund - Series 6 - Growth # 23.03% -4.56% 0.78% 6.90% 12,527

16-Aug-13Crisil MIP Blended Fund Index (Benchmark) 16.83% 6.79% 11.55% 12.27% 14,781Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 8.17% 13,035Axis Hybrid Fund - Series 7 - Growth # 22.89% -4.20% 0.62% 6.84% 12,456

05-Sep-13Crisil MIP Blended Fund Index (Benchmark) 16.83% 6.79% 11.55% 11.66% 14,421Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 8.06% 12,934Axis Hybrid Fund - Series 8 - Growth # - -4.32% 1.54% 4.74% 11,455

24-Jan-14Crisil MIP Blended Fund Index (Benchmark) - 6.79% 11.55% 11.59% 13,795Crisil 1 yr Tbill Index (Additional Benchmark) - 8.22% 7.27% 7.98% 12,525Axis Hybrid Fund - Series 9 - Growth # - -4.18% 1.54% 4.87% 11,466

13-Feb-14Crisil MIP Blended Fund Index (Benchmark) - 6.79% 11.55% 12.20% 13,932Crisil 1 yr Tbill Index (Additional Benchmark) - 8.22% 7.27% 8.08% 12,507Axis Hybrid Fund - Series 11 - Growth # - -3.62% 1.81% 3.25% 10,884



18-Jun-14CRISIL MIP Blended Index (Benchmark) - 6.79% 11.55% 10.34% 12,835CRISIL 1 Year T-Bill (Additional Benchmark) - 8.22% 7.27% 7.92% 12,133Axis Hybrid Fund - Series 14 - Growth # - -0.39% 1.67% 1.53% 10,360

2-Sep-14CRISIL MIP Blended Index (Benchmark) - 6.79% 11.55% 10.27% 12,556CRISIL 1 Year T-Bill (Additional Benchmark) - 8.22% 7.27% 7.94% 11,947Axis Hybrid Fund - Series 15 - Growth # - -0.54% 1.58% 1.25% 10,289

17-Sep-14CRISIL MIP Blended Index (Benchmark) - 6.79% 11.55% 10.35% 12,528CRISIL 1 Year T-Bill (Additional Benchmark) - 8.22% 7.27% 7.92% 11,906Axis Hybrid Fund - Series 18 - Growth # - - 3.52% 0.32% 10,063

19-Jan-15CRISIL MIP Blended Index (Benchmark) - - 11.55% 8.49% 11,719CRISIL 1 Year T-Bill (Additional Benchmark) - - 7.27% 7.65% 11,544Axis Hybrid Fund - Series 19 - Growth # - - 3.76% -0.12% 9,976

04-Feb-15CRISIL MIP Blended Index (Benchmark) - - 11.55% 8.37% 11,655CRISIL 1 Year T-Bill (Additional Benchmark) - - 7.27% 7.71% 11,518Axis Hybrid Fund - Series 22 - Growth # - - 3.68% -0.70% 9,885



17-Jun-15CRISIL MIP Blended Index (Benchmark) - - 11.55% 10.31% 11,631CRISIL 1 Year T-Bill (Additional Benchmark) - - 7.27% 7.55% 11,185Axis Hybrid Fund - Series 25 - Growth # - - 3.56% 0.85% 10,115

25-Aug-15CRISIL MIP Blended Index (Benchmark) - - 11.55% 10.67% 11,467CRISIL 1 Year T-Bill (Additional Benchmark) - - 7.27% 7.45% 11,019Axis Hybrid Fund - Series 26 - Growth # - - 3.38% 1.46% 10,192

10-Sep-15Crisil Composite Bond Fund Index (85%) and Nifty 50 Index (15%) (Benchmark) - - 11.55% 10.91% 11,449CRISIL 1 Year T-Bill (Additional Benchmark) - - 7.27% 7.37% 10,974Axis Hybrid Fund - Series 27 - Growth # - - 4.01% 0.72% 10,084

29-Oct-15 Crisil Composite Bond Fund Index (85%) and Nifty 50 Index (15%) (Benchmark) - - 11.55% 9.97% 11,179Crisil 1 yr Tbill Index (Additional Benchmark) - - 7.27% 7.18% 10,847Axis Hybrid Fund - Series 28 - Growth # - - 3.42% 2.73% 10,305

18-Nov-15 Crisil Composite Bond Fund Index (85%) and Nifty 50 Index (15%) (Benchmark) - - 11.55% 11.06% 11,244CRISIL 1 Year T-Bill (Additional Benchmark) - - 7.27% 7.19% 10,808Axis Capital Protection Oriented Fund - Series 5 # 23.56% -4.20% 3.43% 7.13% 13,322

02-Nov-12Crisil MIP Blended Fund Index (Benchmark) 16.83% 6.79% 11.55% 9.87% 14,797Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 7.50% 13,511

Funds managed by Ashish NaikAxis Triple Advantage Fund - Growth 17.16% -0.51% 7.12% 7.45% 15,788

23-Aug-1035% of Nifty 50 + 35% of Crisil Composite Bond Fund Index + 30% Of INR Price of Gold (Benchmark) 16.49% -0.32% 9.66% 7.58% 15,917

Crisil 10 Year Gilt Index (Additional Benchmark) 14.14% 7.39% 14.97% 8.02% 16,328Axis Income Saver - Growth # 20.68% 6.27% 4.19% 8.06% 16,500

16-Jul-10Crisil MIP Blended Fund Index (Benchmark) 16.83% 6.79% 11.55% 8.72% 17,166CRISIL 10 year Gilt Index (Additional Benchmark) 14.14% 7.39% 14.97% 7.60% 16,059Axis Childrens Gift Fund - Compulsory Lock-in - Regular Plan - Growth - - 2.16% 3.29% 10,350

08-Dec-1550% Nifty 50 + 50% Crisil Composite Bond Fund Index (Benchmark) - - 8.17% 9.46% 11,008Nifty 50 (Additional Benchmark) - - 3.01% 5.90% 10,629Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth - - 2.14% 3.28% 10,349

08-Dec-1550% Nifty 50 + 50% Crisil Composite Bond Fund Index (Benchmark) - - 8.17% 9.46% 11,008Nifty 50 (Additional Benchmark) - - 3.01% 5.90% 10,629

Funds managed by Aditya PagariaAxis Liquid Fund - Growth 9.10% 8.35% 7.64% 8.20% 17,688

09-Oct-09Crisil Liquid Fund Index (Benchmark) 9.21% 8.23% 7.50% 7.79% 17,201Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.29% 6.60% 15,878Axis Liquid Fund - Retail Plan - Growth 8.55% 7.79% 7.08% 7.98% 16,911

01-Mar-10Crisil Liquid Fund Index (Benchmark) 9.21% 8.23% 7.50% 8.07% 17,008Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.29% 6.84% 15,720Axis Treasury Advantage Fund - Growth 8.72% 8.53% 8.16% 8.33% 17,837

09-Oct-09Crisil Liquid Fund Index (Benchmark) 9.21% 8.23% 7.48% 7.79% 17,198Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 6.60% 15,876

24

ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 30th December 2016)

25

Dec 31, 2013 to Dec 31, 2014

Absolute Return (%)

Dec 31, 2014 to Dec 31, 2015

Absolute Return (%)

Dec 31, 2015 to Dec 30, 2016

Absolute Return (%)



date

Date of inception

Axis Treasury Advantage Fund - Retail Plan - Growth 7.98% 7.84% 7.46% 7.88% 16,79303-Mar-10Crisil Liquid Fund Index (Benchmark) 9.21% 8.23% 7.48% 8.07% 16,995

Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 6.84% 15,716Axis Banking & PSU Debt Fund - Growth 9.27% 8.50% 8.37% 8.79% 14,688

08-Jun-12Crisil Short Term Bond Fund Index (Benchmark) 10.47% 8.66% 9.83% 9.29% 14,999Crisil 1 Year T-Bill Index (Additional Benchmark) 8.56% 8.22% 7.27% 7.49% 13,908

Funds managed by Anupam Tiwari Axis Equity Saver Fund - Growth - - 2.39% 2.09% 10,290

14-Aug-15CRISIL MIP Blended Index (Benchmark) - - 11.55% 9.49% 11,334Nifty 50 (Additional Benchmark) - - 3.01% -2.84% 9,609Axis Small Cap Fund - Growth 84.33% 9.73% 3.99% 27.84% 21,350

29-Nov-13Nifty Free Float Smallcap 100 (Benchmark) 54.95% 7.21% 2.26% 21.31% 18,157Nifty 50 (Additional Benchmark) 31.39% -4.06% 3.01% 9.55% 13,254

ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 30th December 2016)

Past performance may or may not be sustained in future. Calculations are based of 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. Above data excludes returns of Fixed Maturity Plans and 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. * 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.

HOW TO READ FACTSHEETFund Manager : An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.

Application Amount for Fresh Subscription : This is the minimum investment amount for a new investor in a mutual fund scheme.

Minimum Additional Amount : This is the minimum investment amount for an existing investor in a mutual fund scheme.

Yield to Maturity : The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond’s current market price, par value, coupon interest rate and time to maturity.

SIP : SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that invests Rs 500 every 15th of the month in an equity fund for a period of three years.

NAV : The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund.

Benchmark : A group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-Year Gsec.

Entry Load : A mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent.

Entry load is charged at the time an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, if the NAV is Rs. 100 and the entry load is 1%, the investor will enter the fund at Rs 101.

Note: SEBI, vide circular dated June 30, 2009 has abolished entry load and mandated that the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor

Exit Load : Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is Rs 100 and the exit load is 1%, the redemption price would be Rs 99 Per Unit.

Modified Duration : Modified duration is the price sensitivity and the percentage change in price for a unit change in yield

Standard Deviation : Standard deviation is a statistical measure of the range of an investment’s performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.

Sharpe Ratio : The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk.

Beta : Beta is a measure of an investment’s volatility vis-à-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security’s price will be more volatile than the market.

AUM : AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Holdings : The holdings or the portfolio is a mutual fund’s latest or updated reported statement of investments/securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager.

Nature of Scheme : The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories.

Rating Profile : Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds.

Tracking Error: Tracking error is a measure of how closely a portfolio follows the index to which it is benchmarked. It is calculated as the standard deviation of the difference between the portfolio and index returns.

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.

Weighted Average Expense Ratio for the MonthScheme - Regular Plan : Axis Hybrid Fund - Series 5: 2.27%, Axis Hybrid Fund - Series 6: 2.28%, Axis Hybrid Fund - Series 7: 2.28%, Axis Hybrid Fund - Series 8: 2.27%, Axis Hybrid Fund - Series 9: 2.28%, Axis Hybrid Fund - Series 11: 2.32%, Axis Hybrid Fund - Series 12: 2.29%, Axis Hybrid Fund - Series 13 : 2.19%, Axis Hybrid Fund - Series 14 : 2.20%, Axis Hybrid Fund - Series 15 : 2.27%, Axis Hybrid Fund - Series 18 : 2.20%, Axis Hybrid Fund - Series 19 : 2.28%, Axis Hybrid Fund - Series 22 : 2.06%, Axis Hybrid Fund - Series 23 : 2.07%, Axis Hybrid Fund - Series 24 : 2.04%, Axis Hybrid Fund - Series 25 : 2.15%, Axis Hybrid Fund - Series 26 : 2.13%, Axis Hybrid Fund - Series 27 : 2.09%, Axis Hybrid Fund - Series 28 : 2.10%, Axis Hybrid Fund - Series 29 : 2.25%, Axis Hybrid Fund - Series 30 : 2.21%, Axis Hybrid Fund - Series 31* : 2.11%, Axis Hybrid Fund - Series 32* : 2.07%, Axis Hybrid Fund - Series 33* : 2.08%, Axis Hybrid Fund - Series 35* : 2.14%, Axis Liquid Fund : 0.14%, Axis Treasury Advantage Fund : 0.55%, Axis Banking & PSU Debt Fund : 0.35%, Axis Short Term Fund : 0.84%, Axis Dynamic Bond Fund : 1.30%, Axis Constant Maturity 10 Year Fund : 0.65%, Axis Income Fund : 1.00%, Axis Gold ETF : 1.00%, Axis Gold Fund :1.00%, Axis Fixed Income Opportunities Fund* : 1.25%, Axis Enhanced Arbitrage Fund : 0.95%, Axis Income Saver* : 2.13%, Axis Long Term Equity Fund*: 1.98%, Axis Focused 25 Fund* : 2.27%, Axis Equity Fund : 2.11%, Axis Triple Advantage Fund : 1.75%, Axis Midcap Fund* : 2.21%, Axis Equity Saver Fund* : 2.31%, Axis Small Cap Fund : 2.52%, Axis Children’s Gift Fund : 2.54%, Axis Capital Protection Oriented Fund -Series 5: 2.45%, Axis Emerging Opportunities Fund* - Series 1: 2.26%, Axis Fixed Maturity Plan - Series 42 : 0.52%, Axis Fixed Maturity Plan - Series 43 : 0.41%, Axis Fixed Maturity Plan - Series 47 : 0.48%, Axis Fixed Maturity Plan - Series 48 : 0.45%, Axis Fixed Maturity Plan - Series 49 : 0.23%, Axis Fixed Maturity Plan - Series 52 : 0.23%, Axis Fixed Maturity Plan - Series 53 : 0.52%, Axis Fixed Maturity Plan - Series 61 : 0.49%, Axis Fixed Maturity Plan - Series 64 : 0.49%, Axis Fixed Maturity Plan - Series 67 : 0.66%, Axis Fixed Maturity Plan - Series 69 : 0.58%, Axis Fixed Maturity Plan - Series 74 : 0.23%

AXIS EQUITY FUND This product is suitable for investors who are seeking*l Capital appreciation over long terml Investment in a diversified portfolio predominantly consisting of equity and equity related instruments

AXIS FOCUSED 25 FUND This product is suitable for investors who are seeking*l Capital appreciation over long terml Investment in a concentrated portfolio of equity & equity related instruments of up to 25 companies

AXIS LONG TERM EQUITY FUND This product is suitable for investors who are seeking*l Capital appreciation & generating income over long terml Investment in a diversified portfolio predominantly consisting of equity and equity related instruments

AXIS MIDCAP FUND This product is suitable for investors who are seeking*l Capital appreciation over long terml Investment predominantly in equity and equity related instruments of mid size companies with focus on relatively larger companies within this category

AXIS TRIPLE ADVANTAGE FUND This product is suitable for investors who are seeking*l Capital appreciation & generating income over long term l Investment in a diversified portfolio of equity and equity related instruments, fixed income instruments & gold exchange traded funds

AXIS INCOME SAVER This product is suitable for investors who are seeking*l Capital appreciation while generating income over medium to long term l Investment in debt and money market instruments as well as equity and equity related instruments while managing risk through active asset allocation

AXIS GOLD ETF This product is suitable for investors who are seeking*l Capital Appreciation over medium to long terml Invests predominantly in gold in order to generate returns similar to the performance of gold, subject to tracking error

AXIS GOLD FUND This product is suitable for investors who are seeking*l Capital Appreciation over medium to long terml Invests predominantly in Axis Gold ETF in order to generate returns similar to the underlying fund, subject to tracking error

AXIS EQUITY SAVER FUND This product is suitable for investors who are seeking*l Capital Appreciation while generating income over medium to long terml Provide capiltal appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments

AXIS CHILDREN’S GIFT FUND This product is suitable for investors who are seeking*l Capital appreciation & generating income over medium to long terml Investment in debt and money market instruments as well as equity and equity related instruments

AXIS CONSTANT MATURITY 10 YEAR FUND This product is suitable for investors who are seeking*l Credit risk free returns over medium to long terml Investment mainly in Government securities to generate returns similar to that of 10 year government bonds

AXIS DYNAMIC BOND FUND This product is suitable for investors who are seeking*l Optimal returns over medium to long terml To generate stable returns while maintaining liquidity through active management of a portfolio of debt and money market instruments

AXIS INCOME FUND This product is suitable for investors who are seeking*l Optimal returns over medium terml Investment in diversified portfolio of high quality debt and money market securities to generate optimal risk adjusted returns while maintaining liquidity

AXIS ENHANCED ARBITRAGE FUND This product is suitable for investors who are seeking*l Income over short to medium terml Investment in arbitrage opportunities in the cash & derivatives segment of the equity market

AXIS FIXED INCOME OPPORTUNITIES FUND This product is suitable for investors who are seeking*l Stable returns in the short to medium terml Investment in debt and money market instruments across the yield curve and credit spectrum

AXIS SHORT TERM FUND This product is suitable for investors who are seeking*l Regular income while maintaining liquidity over short to medium term l Investment in debt and money market instruments

AXIS BANKING & PSU DEBT FUND This product is suitable for investors who are seeking* l Regular income over short to medium terml Investment in debt and money market instruments issued by banks, PFIs & PSUs

AXIS TREASURY ADVANTAGE FUND This product is suitable for investors who are seeking*l Regular income over short terml Investment in debt and money market instruments

AXIS LIQUID FUND This product is suitable for investors who are seeking*l Regular income over short terml Investment in debt and money market instruments

PRODUCT LABELLING

26

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

Riskometer

Investors understand that their principal will be

at moderately high risk

LOW HIGH

Moderate ModeratelyHighM

oderate

ly

Low

HighLo

w

Riskometer


at moderate risk

LOW HIGH


oderate

ly

Low

HighLo

w

Riskometer


at moderately low risk

LOW HIGH


oderate

ly

Low

HighLo

w

Riskometer


at low risk

LOW HIGH


oderate

ly

Low

HighLo

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This communication is only for distributors and their clientsStatutory Details & Disclaimers :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 Limited. Investment Man-ager: Axis Asset Management Company Limited (the AMC). Risk Factors: Axis Bank Limited is not liable or responsible for any loss or shortfall resulting from the operation of any of the mutual fund schemes launched by the AMC.

To invest, contact your Financial Advisor.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Turning the spotlighton 25 handpicked quality stocks.

Riskometer

Investors understand that their principal will be at moderately high risk

LOW HIGH

Moderate ModeratelyHighModera

tely

Low

HighLo

w

Axis Focused 25 Fund: (An Open Ended Equity Scheme)

This product is suitable for investors who are seeking*:

• Capital appreciation over long term

• Investment in a concentrated portfolio of equity & equity related instruments of up to 25 companies

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

Nurtures companies overtheir business cycle

without being affectedby short-term market volatility

Axis Focused 25 Fund is aimed at long term wealth creation

Focuses on the bestideas at any point

of time and invests inup to 25 stocks

Diversified equity fund thatinvests primarily in the

top 200 stocks bymarket capitalisation

january 2017 - axis mutual funds india – invest in mutual ... forge limited 1.20 cummins india...

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