save tax responsibly don’t just save tax, but also …€¦ · monthly factsheet - december 2018...
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MONTHLY FACTSHEET - DECEMBER 2018
*ELSS investment is subject to lock-in for 3 years.
**As per the present tax laws, eligible investors (individual/HUF) are entitled to deduction from their gross income of the amount invested in Equity Linked Saving Scheme (ELSS) up to ` 1.5 lakhs (along with other prescribed investments) under section 80C of the Income Tax Act, 1961. Tax savings of ` 46,800 shown above is calculated for the highest income tax slab.
Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability restricted to ̀ 1 Lakh). Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. (the AMC) Risk Factors: Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Save up to 46,800
in taxes**
`
Claim deduction up to 1.5 lakhs u/s 80C of the Income
Tax Act**
` Potential to create
wealth since money is invested in
equities
One of the lowest
lock-in period of 3 years
SAVE TAX RESPONSIBLY
DON’T JUST SAVE TAX, BUT ALSO BUILD WEALTH WITH ELSS.
WHY ELSS?
SAVE TAX RESPONSIBLY Don't just save tax but build wealth too.
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TAX RECKONER 2018-19
SAVE TAX RESPONSIBLY Don't just save tax but build wealth too.
Invest in ELSS.
TAX RECKONER 2018-19
I N D E X
How To Read A Factsheet
Equity Funds
Debt Funds
Hybrid Funds
6
Equity Outlook 7Axis Bluechip Fund 8Axis Focused 25 Fund 9Axis Midcap Fund 10Axis Long Term Equity Fund 11
Axis Arbitrage Fund 35
Fixed Income Outlook 15Axis Liquid Fund 16
Axis Dynamic Bond Fund 20
Axis Strategic Bond Fund 22Axis Credit Risk Fund 23
Axis Banking & PSU Debt Fund 25
Axis Equity Saver Fund 27
Axis Regular Saver Fund 32
Axis Children’s Gift Fund 33Axis Triple Advantage Fund 34
Axis Treasury Advantage Fund 18Axis Short Term Fund 19
Axis Gilt Fund 24
Tax Reckoner 2
Axis Corporate Debt Fund 21
Axis Dynamic Equity Fund 29
Hybrid Outlook 26
Axis Multicap Fund 12
Axis Ultra Short Term Fund 17
Axis Equity Hybrid Fund 31
Axis Small Cap Fund 13Axis Growth Opportunities Fund 14
I N D E X
NAV’s
Load Structure And Minimum Investment Amount
Annexure
Expense Ratios
Product Labeling
38
40
41
43
44
36SIP Performance Of Selected Schemes
6
EQUITYJ A N U A R Y 2 0 1 9
RESPONSIBLE INVESTING – TIP FOR THE MONTH
3.2%
0.1%
11.5%
QUICK TAKE
KEY HIGHLIGHTS
Equity market valuations are broadly reasonable adjusted for the cyclical low in earnings and potential for revival going forward.
We remain bullish on equities from a medium to long term perspective
Investors are suggested to have their asset allocation plan based on one’s risk appetite and future goals in life.
MARKETS
CORPORATE
GLOBAL
Equity Markets closed the year with a minor negative bias for the month. Frontline indices S&P BSE Sensex & NIFTY 50 were down -0.3% and -0.1% respectively. For the year however, the indices remained positive up 5.9% and 3.1% respectively. Mid and small caps saw a positive month after a year of heightened volatility. NIFTY Midcap 100 Index & NIFTY Small cap 100 Index were up 2.1% & 3.7% respectively for the month.
Foreign Portfolio Investors (FPI) showed renewed faith adding to their holdings across equity and debt markets in the latter half of the calendar year as India continued to remain a favourable destination for foreign money in an otherwise uncertain EM basket. Additions in November & December 2018 cumulatively amounted to Rs. 19,484 Cr. For the year however, FPI’s were net sellers as part of a wider negative bias towards the EM basket. Domestic mutual fund inflows continue to remain strong as retail sentiment in equities remained positive despite the market correction. SIP inflows for the month of November stood at Rs 7,985 Cr.
Consumer price inflation eased further to 2.3% in November V/s 3.4% (Revised) in October. Benign food inflation and softening crude prices remained key reasons despite attempts by the government to prop up crop prices through hikes in MSP earlier this year. Core inflation, however, remained steady at 5.7% in November. Favourable base on account of last year’s Diwali stock up led to a jump in IIP numbers at 8.1%.
Crude continued its downward descent with a fall of 7.7% for the month to US$54.2/barrel. This will be the 1st year since 2015 where crude will see an annual decline in prices. Large production increases by the US have exasperated the global crude market as concerns of a supply glut continue to add to pressures on crude prices. The US became the largest crude producer in the world earlier this year. Crude prices are widely expected to remain muted given geo political tensions. The India crude basket ended the month below the US$ 53/barrel down 19% for the calendar year. Low crude augers well for India given the upcoming elections and pressure on the fiscal deficit.
On the global front, hostilities remained high between US, its allies and China as concerns over data privacy and failure to close a trade deal
with China raised concerns for the new year. Amidst this, the US government went into partial shutdown mode as Democrats won control of the house after the US midterm elections and now look to oppose many of Mr. Donald Trump’s policies. Brexit and concerns over labour riots in France are likely to keep Europe on edge over the coming months.
The true test of any portfolio is in times of market uncertainty. Our focus has remained on alpha generation and fundamentals of our investee companies. Amidst heightened volatility, we believe our portfolios have remained relatively sheltered as we have effectively managed our exposure to high beta and at times taken cash calls in select portfolios. Our focus continues to remain on quality as we are cautiously optimistic on markets over the medium term. The markets have seen bouts of volatility over the last few months and currently offer reasonable valuations in select pockets.
Knee jerk reactions to news events are likely to remain part and parcel of equity markets for the next few quarters. Hence, Investors are advised to deploy funds in a phased manner. Systematic investments into equity products could also help investors ride out short term volatility.
Investors
•
•
•
Do not Panic - Corrections are healthy.
Timing the markets is dangerous - Invest Systematically, Invest Regularly, Invest Responsibly.
Be fearful when others are greedy.
Distributors
•
•
•
Investors may worry - Calm your investors, corrections are ideal entry points for long term investors.
Effective Portfolio Management Key.
Investors trust you. Be Responsible!
7
Source: Bloomberg, Axis MF Research.
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
Instrument Type/Issuer Name Industry % OF NAV
EQUITY 81.65%
HDFC Bank Limited Banks 9.82%
Bajaj Finance Limited Finance 7.51%
Kotak Mahindra Bank Limited Banks 7.13%
Tata Consultancy Services Limited Software 6.08%
ICICI Bank Limited Banks 5.32%
Maruti Suzuki India Limited Auto 4.79%
Avenue Supermarts Limited Retailing 3.83%
Hindustan Unilever Limited Consumer Non Durables 3.65%
HDFC Limited Finance 3.27%
Titan Company Limited Consumer Durables 3.11%
Bandhan Bank Limited Banks 3.04%
Infosys Limited Software 3.00%
Nestle India Limited Consumer Non Durables 2.80%
Bajaj Finserv Limited Finance 2.69%
Reliance Industries Limited Petroleum Products 2.58%
Asian Paints Limited Consumer Non Durables 2.55%
Larsen & Toubro Limited Construction Project 2.38%
Pidilite Industries Limited Chemicals 2.22%
Wipro Limited Software 1.50%
Nifty 50 Index Index 1.35%
Divi's Laboratories Limited Pharmaceuticals 1.09%
UltraTech Cement Limited Cement 0.98%
Britannia Industries Limited Consumer Non Durables 0.96%
DEBT, CASH & OTHER CURRENT ASSETS 18.35%
GRAND TOTAL 100%
INVESTMENT OBJECTIVE: To achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities of Large Cap companies including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved.
AXIS BLUECHIP FUND(An Open-Ended Equity Scheme Predominantly Investing In Large Cap Stocks)
FACTSHEETDECEMBER 2018
8
PORTFOLIO
Financial Services 38.78
Consumer Goods
16.90
IT 10.58 Automobile 4.79 Energy 2.58 Construction 2.38
Chemicals 2.22
Miscellaneous 1.35
Pharma 1.09
Cement & Cement Products 0.98
DATE OF ALLOTMENT
5thJanuary 2010
MONTHLY AVERAGE
3,562.99 Cr.
AS ON 31st DECEMBER’18
3,737.34 Cr.
BENCHMARK
Nifty 50
STATISTICAL MEASURES(3 YEARS)
Standard Deviation - 14.00%
Beta - 0.91
Sharpe Ratio** - 0.40
PORTFOLIOTURNOVER* (1 YEAR)
1.71 times
FUND MANAGER
Mr. ShreyashDevalkar
Work experience: 17 years. He has been managing this fund since
23rd November 2016
SECTORALLOCATION
(%)
8
Entry Load : NA Exit Load : If redeemed / switched-out within 12 months from the date of allotment, For 10 % of investments: Nil, For remaining investments: 1%, If redeemed / switched - out after 12 months from the date of allotment:NIL
ENTRY & EXIT LOAD
**Risk-free rate assumed to be 6.73% (MIBOR as on 31-12-18) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Data as on 31st DECEMBER 2018.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.
PERFORMANCE (as on 31st December 2018)
Regular Plan Direct Plan
Options Record Date
Dividend (` 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
OthersIndividuals/
HUFOthers
DividendMar 15, 2018 2.00 2.00 16.36 14.36 2.00 2.00 17.41 15.41Mar 21, 2017 1.15 1.15 14.86 13.71 1.15 1.15 15.54 14.39Mar 10, 2016 1.00 1.00 13.78 12.78 1.00 1.00 14.24 13.24
Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10.
DIVIDENDS
Period 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value of
Investment of` 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of ` 10,000
Date of inception
Axis Bluechip Fund - Growth 6.51% 10,651 12.32% 14,174 14.53% 19,716 11.69% 27,03005-Jan-10Nifty 50 (Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 9.69% 22,967
S&P BSE Sensex (Additional Benchmark) 7.18% 10,718 12.84% 14,374 12.79% 18,258 9.83% 23,240Axis Bluechip Fund - Direct Plan -Growth 8.01% 10,801 13.71% 14,708 15.91% 20,931 15.55% 23,801
01-Jan-13Nifty 50 (Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 11.94% 19,670S&P BSE Sensex (Additional Benchmark) 7.18% 10,718 12.84% 14,374 12.79% 18,258 12.30% 20,053Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated at `10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Shreyash Devalkar is managing the scheme since 23rd November 2016 and he manages 5 schemes of Axis Mutual Fund. Please refer to annexure on Page 41 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
Financial Services
41.61
Automobile 16.14
IT 10.18
Consumer Goods
8.98
Industrial Manufacturing
8.10
Chemicals 3.60 Construction 1.70
Pharma 0.21
DATE OF ALLOTMENT
29th June 2012MONTHLY AVERAGE
6,564.53 Cr.
AS ON 31st DECEMBER’18
6,722.71 Cr.
BENCHMARK
Nifty 50
STATISTICAL MEASURES(3 YEARS)
Standard Deviation - 16.64%
Beta - 1.07
Sharpe Ratio** - 0.51
PORTFOLIOTURNOVER* (1 YEAR)
1.24 times
FUND MANAGER
Mr. Jinesh Gopani Work experience:17 years.
He has been managing this fund since 07th June 2016
SECTORALLOCATION
(%)
INVESTMENT OBJECTIVE: To generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of up to 25 companies.
AXIS FOCUSED 25 FUND(An open ended equity scheme investing in maximum 25 stocks investing in large cap, mid cap and small cap companies)
9
Entry Load : NAExit Load : If redeemed / switched-out within 12 months from the date of allotment, For 10 % of investments: Nil, For remaining investments: 1%, If redeemed / switched - out after 12 months from the date of allotment:NIL
**Risk-free rate assumed to be 6.73% (MIBOR as on 31-12-18) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years.Data as on 31st DECEMBER 2018.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.
DIVIDENDS
Options Record Date
Dividend (` Per unit) NAV per unit
(Cum Dividend)
NAV per unit
(Ex Dividend)
Individuals/ HUF
Others
Mar 08, 2018 2.00 2.00 19.47 17.47
DividendFeb 28, 2017 1.30 1.30 17.14 15.84Mar 10, 2016 1.00 1.00 14.56 13.56
Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund.
PERFORMANCE (as on 31st December 2018)
Period 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value of
Investment of` 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of ` 10,000
Date of inception
Axis Focused 25 Fund - Growth 0.63% 10,063 15.15% 15,273 17.09% 22,020 16.36% 26,82029-Jun-12Nifty 50 (Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 13.10% 22,285
S&P BSE 200 (Additional Benchmark) 0.81% 10,081 12.75% 14,338 14.48% 19,671 14.27% 23,831Axis Focused 25 Fund - Direct Plan - Growth 1.83% 10,183 16.52% 15,826 18.54% 23,412 16.28% 24,717
01-Jan-13Nifty 50 (Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 11.94% 19,670S&P BSE 200 (Additional Benchmark) 0.81% 10,081 12.75% 14,338 14.48% 19,671 12.87% 20,676Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated at `10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Jinesh Gopani is managing the scheme since 7th June 2016 and he manages 5 schemes of Axis Mutual Fund. Please refer to annexure on Page 41 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).
FACTSHEETDECEMBER 2018
PORTFOLIO
Instrument Type/Issuer Name Industry % OF NAV
EQUITY 90.32%
HDFC Bank Limited Banks 8.62%
Bajaj Finance Limited Finance 8.35%
Tata Consultancy Services Limited Software 7.42%
Kotak Mahindra Bank Limited Banks 6.89%
HDFC Limited Finance 6.61%
Maruti Suzuki India Limited Auto 6.34%
Avenue Supermarts Limited Retailing 6.11%
Bajaj Finserv Limited Finance 4.98%
Supreme Industries Limited Industrial Products 4.41%
Eicher Motors Limited Auto 3.94%
Pidilite Industries Limited Chemicals 3.60%
Bandhan Bank Limited Banks 3.51%
Asian Paints Limited Consumer Non Durables 2.87%
Info Edge (India) Limited Software 2.76%
Gruh Finance Limited Finance 2.65%
Motherson Sumi Systems Limited Auto Ancillaries 2.40%
Cummins India Limited Industrial Products 2.10%
Larsen & Toubro Limited Construction Project 1.70%
V-Guard Industries Limited Industrial Capital Goods 1.59%
WABCO India Limited Auto Ancillaries 1.52%
Endurance Technologies Limited Auto Ancillaries 1.40%
Varroc Engineering Limited Auto Ancillaries 0.54%
OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 0.21%
DEBT, CASH & OTHER CURRENT ASSETS 9.47%
GRAND TOTAL 100%
ENTRY & EXIT LOAD
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
Financial Services 26.69 Consumer Goods 13.05 Industrial Manu-
facturing11.38
Pharma 9.24 Automobile 7.86
IT 4.69
Cement & Cement Products
2.81
Textiles 2.70
Energy 2.31
Construction 1.59
DATE OF ALLOTMENT
18th February 2011
MONTHLY AVERAGE
1,740.73 Cr.
AS ON 31st DECEMBER’18
1,807.64 Cr.
BENCHMARK
S&P BSE Midcap
STATISTICAL MEASURES(3 YEARS)
Standard Deviation - 16.02%
Beta - 0.82
Sharpe Ratio** - 0.36
PORTFOLIOTURNOVER* (1 YEAR)
0.81 times
FUND MANAGER
Mr. Shreyash Devalkar
Work experience: More than 17 years.He has been managing this fund since
23rd November 2016
SECTORALLOCATION
(%)
INVESTMENT OBJECTIVE: To achieve long term capital appreciation by investing predominantly in equity & equity related instruments of Mid Cap companies.
AXIS MIDCAP FUND(An Open Ended Equity Scheme Predominantly Investing In Mid Cap Stocks)
10
Entry Load : NAExit Load : If redeemed / switched-out within 12 months from the date of allotment, For 10 % of investments: Nil, For remaining investments: 1%, If redeemed / switched - out after 12 months from the date of allotment:NIL
**Risk-free rate assumed to be 6.73% (MIBOR as on 31-12-18) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Data as on 31st DECEMBER 2018.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.
Regular Plan Direct Plan
Options Record Date
Dividend (` 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
OthersIndividuals/
HUFOthers
DividendOct 16, 2017 2.25 2.25 24.83 22.58 2.25 2.25 29.02 26.77Sep 15, 2016 2.00 2.00 22.64 20.64 2.00 2.00 25.83 23.83Sep 10, 2015 1.75 1.75 23.29 21.54 1.75 - 26.04 24.29
Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund.
DIVIDENDS
PERFORMANCE (as on 31st December 2018)
Period 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value of
Investment of` 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of ` 10,000
Date of inception
Axis Midcap Fund - Growth 3.49% 10,349 12.49% 14,240 20.44% 25,352 17.54% 35,67018-Feb-11S&P BSE Midcap (Benchmark) -12.47% 8,753 12.73% 14,329 19.56% 24,443 12.78% 25,778
Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 10.51% 21,957Axis Midcap Fund - Direct Plan - Growth 4.59% 10,459 13.78% 14,734 21.96% 26,996 18.69% 27,962
01-Jan-13S&P BSE Midcap (Benchmark) -12.47% 8,753 12.73% 14,329 19.56% 24,443 15.04% 23,182Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 11.94% 19,670Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Shreyash Devalkar is managing the scheme since 23rd November 2016 and he manages 5 schemes of Axis Mutual Fund. Please refer to annexure on Page 41 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).
FACTSHEETDECEMBER 2018
PORTFOLIO
Instrument Type/Issuer Name Industry % OF NAV
EQUITY 81.50%
City Union Bank Limited Banks 5.65%
Gruh Finance Limited Finance 5.08%
Astral Poly Technik Limited Industrial Products 4.15%
Mahindra & Mahindra Financial Services Limited Finance 3.96%
Torrent Pharmaceuticals Limited Pharmaceuticals 3.72%
HDFC Bank Limited Banks 3.64%
Endurance Technologies Limited Auto Ancillaries 3.61%
Info Edge (India) Limited Software 3.19%
Bajaj Finance Limited Finance 3.06%
Supreme Industries Limited Industrial Products 3.05%
Divi's Laboratories Limited Pharmaceuticals 2.95%
ACC Limited Cement 2.81%
Sundaram Finance Limited Finance 2.76%
Sanofi India Limited Pharmaceuticals 2.57%
Page Industries Limited Textile Products 2.33%
Indraprastha Gas Limited Gas 2.31%
Trent Limited Retailing 1.98%
Avenue Supermarts Limited Retailing 1.97%
Kansai Nerolac Paints Limited Consumer Non Durables 1.91%
Berger Paints (I) Limited Consumer Non Durables 1.90%
WABCO India Limited Auto Ancillaries 1.82%
Cummins India Limited Industrial Products 1.80%
Bata India Limited Consumer Durables 1.72%
Voltas Limited Construction Project 1.59%
Cholamandalam Investment and Finance Company Limited Finance 1.55%
MphasiS Limited Software 1.50%
Aditya Birla Fashion and Retail Limited Retailing 1.49%
TTK Prestige Limited Consumer Durables 1.45%
Schaeffler India Limited Industrial Products 1.28%
V-Guard Industries Limited Industrial Capital Goods 1.10%
Balkrishna Industries Limited Auto Ancillaries 1.02%
Max Financial Services Limited Finance 0.99%
MRF Limited Auto Ancillaries 0.96%
Colgate Palmolive (India) Limited Consumer Non Durables 0.63%
OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 0.82%
DEBT, CASH & OTHER CURRENT ASSETS 17.68%
GRAND TOTAL 100.00%
ENTRY & EXIT LOAD
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
Financial Services 39.93 Automobile 15.36 Consumer Goods 11.53 IT 10.56 Chemicals 6.35 Industrial Manufacturing 3.69 Energy 3.52 Construction 2.28 Pharma 1.15 Textiles 0.75
DATE OF ALLOTMENT
29th December 2009
MONTHLY AVERAGE
17,652.17 Cr.
AS ON 31st DECEMBER’18
17,852.25 Cr.
BENCHMARK
S&P BSE 200
STATISTICAL MEASURES(3 YEARS)
Standard Deviation
- 14.42%
Beta - 0.93
Sharpe Ratio** - 0.36
PORTFOLIOTURNOVER* (1 YEAR)
0.62 times
FUND MANAGER
Mr. Jinesh Gopani Work experience: 17 years.
He has been managing this fund since 1st April 2011
SECTORALLOCATION
(%)
INVESTMENT OBJECTIVE: To generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities. However, there can be no assurance that the investment objective of the Scheme will be achieved.
AXIS LONG TERM EQUITY FUND(An Open-Ended Equity Linked Savings Scheme With A Statutory Lock In Of 3 Years And Tax Benefit)
11
Entry Load : NA Exit Load : NIL
**Risk-free rate assumed to be 6.73% (MIBOR as on 31-12-18) - Source: www.fimmda.orgPlease note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Data as on 31st DECEMBER 2018.Source: ACEMF *Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.
PERFORMANCE (as on 31st December 2018)
Regular Plan Direct Plan
Options Record Date
Dividend (` 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
OthersIndividuals/
HUFOthers
Mar 22, 2018 2.50 2.50 23.0548 20.5548 1.50 1.50 35.6776 34.1776
Regular Dividend
Jan 31, 2017 2.23 2.23 21.1726 18.9426 - - - -Jan 25, 2016 2.25 2.25 21.2217 18.9717 - - - -Jan 22, 2015 2.00 2.00 24.2942 22.2942 - - - -
Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund.
DIVIDENDS
Period 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value of
Investment of` 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of Investment of `
10,000
Date of inception
Axis Long Term Equity Fund - Growth 2.65% 10,265 11.89% 14,013 19.95% 24,847 17.54% 42,89729-Dec-09S&P BSE 200 (Benchmark) 0.81% 10,081 12.75% 14,338 14.48% 19,671 10.35% 24,298
Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 9.88% 23,366Axis Long Term Equity Fund - Direct Plan - Growth 3.71% 10,371 13.11% 14,475 21.38% 26,365 20.63% 30,807
01-Jan-13S&P BSE 200 (Benchmark) 0.81% 10,081 12.75% 14,338 14.48% 19,671 12.87% 20,676Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 11.94% 19,670Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Jinesh Gopani is managing the scheme since 1st April 2011and he manages 5 schemes of Axis Mutual Fund. Please refer to annexure on Page 41 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).
FACTSHEETDECEMBER 2018
PORTFOLIO
Instrument Type/Issuer Name Industry % OF NAV
EQUITY 94.66%
HDFC Bank Limited Banks 8.66%
Tata Consultancy Services Limited Software 7.88%
Kotak Mahindra Bank Limited Banks 6.61%
Pidilite Industries Limited Chemicals 6.35%
Bajaj Finance Limited Finance 6.35%
HDFC Limited Finance 5.41%
Maruti Suzuki India Limited Auto 5.28%
Avenue Supermarts Limited Retailing 4.55%
Gruh Finance Limited Finance 4.29%
Bandhan Bank Limited Banks 3.88%
Torrent Power Limited Power 3.52%
Eicher Motors Limited Auto 3.51%
TTK Prestige Limited Consumer Durables 3.50%
Info Edge (India) Limited Software 2.68%
Motherson Sumi Systems Limited Auto Ancillaries 2.28%
Larsen & Toubro Limited Construction Project 2.28%
Sundaram Finance Limited Finance 2.26%
WABCO India Limited Auto Ancillaries 2.12%
Nestle India Limited Consumer Non Durables 1.76%
Symphony Limited Consumer Durables 1.72%
Cummins India Limited Industrial Products 1.54%
Astral Poly Technik Limited Industrial Products 1.49%
Endurance Technologies Limited Auto Ancillaries 1.46%
Divi's Laboratories Limited Pharmaceuticals 0.92%
ICICI Bank Limited Banks 0.86%
Page Industries Limited Textile Products 0.75%
Varroc Engineering Limited Auto Ancillaries 0.71%
Mas Financial Services Limited Finance 0.69%
Multi Commodity Exchange of India Limited Finance 0.69%
V-Guard Industries Limited Industrial Capital Goods 0.66%
OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 0.47%
DEBT, CASH & OTHER CURRENT ASSETS 4.87%
GRAND TOTAL 100.00%
ENTRY & EXIT LOAD
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
MONTHLY AVERAGE
2,938.81 Cr.
AS ON 31st DECEMBER’18
2,942.74 Cr.
BENCHMARK
Nifty 500 Index
SECTORALLOCATION
(%)
AXIS MULTICAP FUND
12
INVESTMENT OBJECTIVE: To generate long term capital appreciation by investing in a diversified portfolio of equity and equity related struments across market capitalization. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
(An Open-Ended Equity Scheme Investing Across Large Cap , Mid Cap, Small Cap Stocks.)
Mr. Shreyash Devalkar Work experience: 17 years.
He has been managing this fund since inception.
FUND MANAGER
DATE OF ALLOTMENT
20th November 2017
Entry Load : NAExit Load : If redeemed / switched-out within 12 months from the date of allotment: • For 10% of investment: NIL• For remaining investment: 1%If redeemed / switched - out after 12 months from the date of allotment: Nil
FACTSHEETDECEMBER 2018
PORTFOLIO
Instrument Type/Issuer Name Industry % OF NAV
EQUITY 81.56%
HDFC Bank Limited Banks 9.81%
Bajaj Finance Limited Finance 8.56%
Kotak Mahindra Bank Limited Banks 8.24%
Tata Consultancy Services Limited Software 6.16%
Maruti Suzuki India Limited Auto 5.15%
ICICI Bank Limited Banks 4.79%
Avenue Supermarts Limited Retailing 4.64%
Hindustan Unilever Limited Consumer Non Durables 3.57%
Bandhan Bank Limited Banks 3.26%
HDFC Limited Finance 3.01%
Titan Company Limited Consumer Durables 3.01%
Pidilite Industries Limited Chemicals 2.88%
Nestle India Limited Consumer Non Durables 2.86%
Asian Paints Limited Consumer Non Durables 2.57%
Infosys Limited Software 2.56%
Larsen & Toubro Limited Construction Project 1.71%
Divi's Laboratories Limited Pharmaceuticals 1.51%
V-Guard Industries Limited Industrial Capital Goods 1.29%
Wipro Limited Software 1.24%
Reliance Industries Limited Petroleum Products 1.07%
Britannia Industries Limited Consumer Non Durables 1.02%
Nifty 50 Index Index 1.01%
Astral Poly Technik Limited Industrial Products 0.97%
Varroc Engineering Limited Auto Ancillaries 0.68%
OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 0.50%
DEBT, CASH & OTHER CURRENT ASSETS 17.94%
GRAND TOTAL 100.00%
Financial Services 37.91 Consumer Goods 17.67 IT 9.96 Automobile 5.83 Chemicals 2.88 Industrial Manufacturing 2.26 Construction 1.71 Pharma 1.51 Energy 1.07 Miscellaneous 1.01 Textiles 0.26
PERFORMANCE (as on 31st December 2018)
Period 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value of
Investment of` 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of ` 10,000
Date of inception
Axis Multicap Fund - Regular Plan - Growth 7.05% 10,705 NA NA NA NA 7.88% 10,880 20-Nov-17Nifty 500 (Benchmark) -2.12% 9,788 NA NA NA NA 1.24% 10,138Nifty 50 (Additional Benchmark) 4.61% 10,461 NA NA NA NA 6.27% 10,700Axis Multicap Fund - Direct Plan - Growth 8.79% 10,879 NA NA NA NA 9.66% 11,080 20-Nov-17Nifty 500 (Benchmark) -2.12% 9,788 NA NA NA NA 1.24% 10,138Nifty 50 (Additional Benchmark) 4.61% 10,461 NA NA NA NA 6.27% 10,700Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. The performance data for 3 and 5 years period has not been provided, since scheme is in existence for less than 3 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Shreyash Devalkar is managing the scheme since 20th Nov 2017 and he manages 5 schemes of A xis Mutual Fund. Please refer to annexure on Page 41 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).
ENTRY & EXIT LOAD
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
MONTHLY AVERAGE
272.39 Cr.
AS ON 31st DECEMBER’18
246.26 Cr.
BENCHMARK
Nifty Smallcap100
SECTORALLOCATION
(%)
AXIS SMALL CAP FUND*
13
INVESTMENT OBJECTIVE: To generate long-term capital appreciation from a diversified portfolio of predominantly equity & equity related instruments of small cap companies.
(An open ended equity scheme predominantly investing in small cap stocks)
Mr. Anupam Tiwari Work experience: 13 years.
He has been managing this fund since 06th October 2016.
FUND MANAGER
DATE OF ALLOTMENT
29th November 2013
Entry Load : NAExit Load : If redeemed / switched-out within 12 months from the date of allotment: • For 10% of investment: NIL• For remaining investment: 1%If redeemed / switched - out after 12 months from the date of allotment: Nil
FACTSHEETDECEMBER 2018
PORTFOLIO
Instrument Type/Issuer Name Industry % OF NAV
EQUITY 83.97%
TCNS Clothing Co. Limited Textile Products 9.27%
NIIT Technologies Limited Software 6.75%
VST Industries Limited Consumer Non Durables 6.52%
Mas Financial Services Limited Finance 5.87%
Gulf Oil Lubricants India Limited Petroleum Products 5.31%
Vinati Organics Limited Chemicals 4.95%
Schaeffler India Limited Industrial Products 4.26%
Galaxy Surfactants Limited Chemicals 3.97%
Fine Organic Industries Limited Chemicals 3.86%
HeidelbergCement India Limited Cement 3.85%
V-Guard Industries Limited Industrial Capital Goods 3.79%
Amber Enterprises India Limited Consumer Durables 3.02%
Blue Star Limited Consumer Durables 2.90%
Grindwell Norton Limited Industrial Products 2.71%
Vesuvius India Limited Industrial Products 2.13%
Orient Refractories Limited Industrial Products 2.11%
CEAT Limited Auto Ancillaries 1.92%
TTK Prestige Limited Consumer Durables 1.89%
Can Fin Homes Limited Finance 1.76%
Igarashi Motors India Limited Auto Ancillaries 1.66%
Varroc Engineering Limited Auto Ancillaries 1.62%
Godrej Agrovet Limited Consumer Non Durables 1.59%
MM Forgings Limited Industrial Products 1.21%
JK Cement Limited Cement 1.01%
OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 0.64%
DEBT, CASH & OTHER CURRENT ASSETS 15.40%
GRAND TOTAL 100.00%
Industrial Manufacturing 16.21 Consumer Goods 15.92 Chemicals 12.78 Textiles 9.27 Financial Services 7.83 IT 6.75 Automobile 5.64 Energy 5.31 Cement & Cement Products 4.86
PERFORMANCE (as on 31st December 2018)
Period 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value of
Investment of` 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of ` 10,000
Date of inception
Axis Small Cap Fund - Reuglar Plan - Growth
-8.89% 9,111 9.40% 13,098 21.50% 26,493 21.45% 26,89029-Nov-13
Nifty Small Cap 100 (Benchmark) -28.23% 7,177 5.49% 11,741 14.81% 19,960 16.06% 21,339Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 13.12% 18,729Axis Small Cap Fund - Direct Plan - Growth -7.89% 9,211 10.61% 13,535 22.85% 28,002 22.80% 28,450 29-Nov-13Nifty Small Cap 100 (Benchmark) -28.23% 7,177 5.49% 11,741 14.81% 19,960 16.06% 21,339Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 13.12% 18,729Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Anupum Tiwari is managing the scheme since 29th Nov 2013 and he manages 7 schemes of A xis Mutual Fund. Please refer to annexure on Page 42 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).
ENTRY & EXIT LOAD
STATISTICAL MEASURES(3 YEARS)
Standard Deviation
- 14.78%
Beta - 0.56
Sharpe Ratio** - 0.18
*Axis Small Cap Fund was launched as a 5 Year Close Ended Equity Scheme (with automatic conversion into an open ended equity scheme on completion of 5 years). The Scheme was converted into an open ended equity scheme w.e.f November 29, 2018.
Regular Plan Direct Plan
Options Record Date
Dividend (` 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
OthersIndividuals/
HUFOthers
Regular Dividend
Oct 16, 2017 2.00 2.00 23.78 21.78 2.00 2.00 24.88 22.88
Oct 08, 2015 2.00 2.00 19.65 17.65 2.00 2.00 20.07 18.07
Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund.
DIVIDENDS
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
MONTHLY AVERAGE
674.92 Cr.
AS ON 31st DECEMBER’18
672.07 Cr.
BENCHMARK
S&P BSE 200
SECTORALLOCATION
(%)
AXIS GROWTH OPPORTUNITIES FUND
14
INVESTMENT OBJECTIVE: To generate long term capital appreciation by investing in a diversified portfolio of Equity & Equity Related Instruments both in India as well as overseas. However, there can be no assurance that the investment objective of the Scheme will be achieved.
An open-ended equity scheme investing in both large cap and mid cap stocks
Mr. Jinesh Gopani Work experience: 17 years.
He has been managing this fund since inception.
FUND MANAGER
DATE OF ALLOTMENT
22nd October2018
Entry Load : NAExit Load : If redeemed / switched-out on or before 12 months from the date of allotment, For 10% of investments: Nil. For remaininginvestments: 1%. If redeemed / switched - out after 12 months from the date of allotment: NIL
FACTSHEETDECEMBER 2018
PORTFOLIO
Instrument Type/Issuer Name Industry % OF NAV
EQUITY 72.52%
HDFC Limited Finance 6.41%
HDFC Bank Limited Banks 5.40%
Tata Consultancy Services Limited Software 5.05%
Maruti Suzuki India Limited Auto 4.89%
Bajaj Finance Limited Finance 4.39%
Eicher Motors Limited Auto 4.25%
Asian Paints Limited Consumer Non Durables 4.02%
ICICI Bank Limited Banks 3.35%
Bandhan Bank Limited Banks 3.27%
Kotak Mahindra Bank Limited Banks 3.22%
Wipro Limited Software 3.04%
Symphony Limited Consumer Durables 2.49%
Titan Company Limited Consumer Durables 2.39%
Pidilite Industries Limited Chemicals 2.27%
Cummins India Limited Industrial Products 2.17%
Alphabet Inc A Interactive Media & Services 1.85%
Avenue Supermarts Limited Retailing 1.70%
Sundaram Finance Limited Finance 1.58%
Infosys Limited Software 1.37%
JP Morgan Chase & Co Banks 1.32%
Nutrien Limited Fertilizers & Agricultural Chemicals 1.06%
Comcast Corp-Class A Cable & Satellite 1.05%
Rockwell Automation Inc Electrical Components & Equipment 1.03%
Adobe Inc Software 0.93%
Alibaba Group Holding ADR Internet & DirectMarketing Retail 0.93%
Visa Inc Data Processing & Outsourced Services 0.82%
Ball Corp Metal & Glass Containers 0.79%
Texas Instrs Inc Com Semiconductors 0.78%
Info Edge (India) Limited Software 0.71%
OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 0.68%
DEBT, CASH & OTHER CURRENT ASSETS 26.80%
GRAND TOTAL 100.00%
Financial Services 27.62
Consumer Goods 10.60
IT 10.17
Automobile 9.53
Miscellaneous 5.92
Chemicals 2.27
Industrial Manufacturing 2.17
ENTRY & EXIT LOAD
Mr. Hitesh Das (for Foreign Securities)
Work experience: 09 years.He has been managing this fund since
inception.
Note : Industry classification is done as per Global Industry Classification Standard (GICS) by MSCI and Standard & Poor’s for Foreign Equity
FIXEDINCOME
J A N U A R Y 2 0 1 9
10 YEAR G-SEC YIELD
7.36%
QUICK TAKE
CPI Inflation : Last 1 year
4.88%
3.31%
Repo : Last 1 year
6.00%
6.50%
10 yr G-Sec : Last 1 year
7.36%
7.08%
• OMO’s low inflation and fall in crude have led to a material fall in yields over the last three months.
• Likely retracement in inflation and concerns over fiscal deficit will limit the scope of further rate cuts.
• Long bonds are likely to trade range bound given fiscal uncertainty. Short tenor bonds look attractive from a risk reward perspective.
• We continue to advise investors to stay invested in short to medium term strategies and actively look at credit funds.
Key Market Events•
•
•
•
•
Market View
10 Year at 7.36%: The benchmark yield on the 10 Year G-Sec fell 25bps during the month to 7.36%. Bond markets have been driven by the influx of liquidity from the RBI through OMOs. Expected FY19 OMO’s of Rs 3.5lakh Cr is equal to G-Sec supply for the year. The OMO’s have been a major reason for the move in G-Sec yields in the second half of the year.
Inflation – Remains Benign: Consumer price inflation eased further to 2.3% in N o v e m b e r V / s 3 . 4 % (Revised) in October. Benign food inflation and softening crude prices remained key reasons despite attempts by the government to prop up crop prices through hikes in MSP earlier this year. Core inflation, however, remained steady at 5.7% in November.
High real rates: Tepid inflation figures, well below the RBI’s target rate has led to real rates at historic highs making it amongst the most attractive debt markets in the EM basket. A stable currency and high yields are likely to attract foreign investors given stable macro-economic factors.
Elections & the Fisc: Persistently low inflation and fall in crude prices have reversed market sentiments positively. As we approach election season, the government has rolled out several welfare initiatives which is likely to impact the fiscal situation. The quantum of such policies will be assessed by the market in the coming months.
US Fed – Positive on US Growth: The US Fed continued to raise rates citing a strong labor market and economic activity. Optimism on the health of the US economy continues to remain a positive for global markets given geo-political uncertainty.
The fall in longer dated G-Sec’s has been led by RBI’s OMO’s and the market pricing in rate cuts in the foreseeable future. Given the
current inflation environment and the possibility of retracement on account of low base effects and food inflation, rate cuts may remain elusive in the near term. Fiscal concerns continue to remain elevated given the likely shortfall in GST collections and welfare initiatives initiated by the government in the build up to national elections. We believe the culmination of these factors will likely limit opportunities in the long bonds space.
Over the course of FY 2019, the RBI has pumped in significant durable liquidity into the system. There is talk in the market of RBI transferring capital reserves to the government to fund government initiatives around infrastructure and manage the fiscal deficit. Such a move is likely to limit OMO’s subsequently. Given high real interest rates, the RBI MPC may remain comfortable with real rates at 150-200bps in an attempt to attract foreign fund flows.
Inflation continues to remain below the RBI’s target rate. This has been driven by persistently low food inflation and fall in crude oil prices. While some retracement is likely given the low base effects which are likely to kick in after kharif sowing. Durable medium term inflation is likely to remain around the RBI’s target rate of 4%. Crude will remain the joker in the pack given medium term uncertainty.
Given our outlook of stable rates in the medium term we reiterate our positive stance on the shorter end of the curve. Currently, the curve offers significant opportunities from an investment perspective as credit spreads and carry remains attractive. Corporate bonds in the 1-3-year space across the AAA and AA spectrum offer significant risk reward opportunities and thus form a significant part of our portfolios today.
RESPONSIBLE INVESTING – TIP FOR THE MONTH
Investors
•
•
Select a fund that meets your risk profile. Investing in credits is all about process.
Select a fund house with a robust investment process and credit management system.
Distributors
•
•
•
Investors may worry - Calm your investors, corrections are ideal entry points for long term investors.
Effective Portfolio Management Key.
Investors trust you. Be Responsible!
15Source: Bloomberg, Axis MF Research.
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
PORTFOLIORATING % Of NAV
COMMERCIAL PAPER 75.40%
NABARD ICRA A1+/CRISIL A1+ 9.01%
Larsen & Toubro Limited CRISIL A1+ 5.32%
NTPC Limited CRISIL A1+ 5.15%
Reliance Jio Infocomm Limited CRISIL A1+ 5.03%
Aditya Birla Finance Limited ICRA A1+ 2.97%
Reliance Retail Ltd CRISIL A1+ 2.63%
HDFC Limited CRISIL A1+/ICRA A1+ 2.59%
Cholamandalam Investment and Finance Company Limited CRISIL A1+ 2.48%
Vedanta Limited CRISIL A1+ 2.47%
Grasim Industries Limited CRISIL A1+ 2.47%
Bamnipal Steel Limited IND A1+ 2.46%
Sun Pharmaceutical Industries Limited CRISIL A1+ 2.44%
Indus Towers Limited CRISIL A1+ 1.98%
Bajaj Finance Limited CRISIL A1+ 1.96%
Reliance Industries Limited CRISIL A1+ 1.88%
Mahindra & Mahindra Financial Services Limited CRISIL A1+ 1.73%
Daimler Financial Services India Pvt Limited CRISIL A1+ 1.25%
Tata Capital Financial Services Limited CRISIL A1+ 1.12%
Tata Motors Finance Limited ICRA A1+ 1.02%
Shriram Transport Finance Company Limited CRISIL A1+ 1.02%
Aditya Birla Housing Finance Limited ICRA A1+ 1.00%
Kotak Mahindra Investments Limited CRISIL A1+ 0.99%
L&T Finance Limited ICRA A1+ 0.99%
Tata Capital Housing Finance Limited CRISIL A1+ 0.99%
Tata Motors Limited CRISIL A1+ 0.99%
Aditya Birla Fashion and Retail Limited CRISIL A1+ 0.99%
Power Finance Corporation Limited CRISIL A1+ 0.99%
India Infoline Finance Limited CRISIL A1+ 0.99%
Muthoot Finance Limited CRISIL A1+ 0.99%
TV Sundram Iyengar & Sons Pvt Ltd ICRA A1+ 0.96%
Emami Limited CRISIL A1+ 0.89%
Hinduja Leyland Finance Limited CRISIL A1+ 0.75%
Aditya Birla Capital Limited CRISIL A1+/ICRA A1+ 0.75%
Bahadur Chand Investments Pvt Limited ICRA A1+ 0.74%
Magma Fincorp Limited CARE A1+ 0.74%
Talwandi Sabo Power Limited CRISIL A1+(SO) 0.74%
LIC Housing Finance Limited CRISIL A1+ 0.52%
IDFC Infrastructure Finance Limited ICRA A1+ 0.49%
HSBC InvestDirect Financial Services (India) Limited IND A1+ 0.49%
Tata Power Solar Systems Limited CRISIL A1+(SO) 0.37%
Tube Investments of India Limited ICRA A1+ 0.25%
Tata Sons Private Ltd CRISIL A1+ 0.25%
Dabur India Limited CRISIL A1+ 0.25%
CEAT Limited CARE A1+ 0.25%
Bharti Airtel Limited CRISIL A1+ 0.25%
Godrej Industries Limited CRISIL A1+ 0.20%
Varroc Engineering Limited ICRA A1+ 0.20%
JSW Steel Limited ICRA A1+ 0.12%
Indian Railway Finance Corporation Limited CRISIL A1+ 0.12%
Network18 Media & Investments Limited ICRA A1+ 0.12%
Tata Power Company Limited CRISIL A1+ 0.02%
Hindustan Zinc Limited CRISIL A1+ 0.02%
CERTIFICATE OF DEPOSIT 19.59%
IDFC Bank Limited ICRA A1+ 5.43%
Vijaya Bank CARE A1+ 4.70%
ICICI Bank Limited ICRA A1+ 2.58%
Canara Bank CRISIL A1+ 1.97%
Indian Bank IND A1+ 1.73%
The Federal Bank Limited CRISIL A1+ 1.25%
HDFC Bank Limited IND A1+ 0.99%
IndusInd Bank Limited CRISIL A1+ 0.94%
TREASURY BILL 9.20%
182 Days Tbill Sovereign 3.47%
91 Days Tbill Sovereign 5.73%
CORPORATE BOND 2.67%
HDFC Limited CRISIL AAA 2.12%
Cholamandalam Investment and Finance Company Limited ICRA AA+ 0.25%
Kotak Mahindra Prime Limited CRISIL AAA 0.17%
Gruh Finance Limited CRISIL AAA 0.12%
STATE GOVERNMENT BOND 1.66%
8.30% Maharashtra SDL (MD 25/03/2019) Sovereign 0.63%
8.43% Assam SDL (MD 25/03/2019) Sovereign 0.52%
8.39% RAJASTHAN UDAY BOND (MD 15/03/2019) Sovereign 0.47%
8.59% Andhra Pradesh SDL (MD 18/03/2019) Sovereign 0.05%
ZERO COUPON BOND 0.25%
IDFC Bank Limited ICRA AA+ 0.25%
NET CURRENT ASSETS -8.78%
GRAND TOTAL 100.00%
DATE OF ALLOTMENT
9th October 2009MONTHLY AVERAGE
24,158.25 Cr.
AS ON 31st DECEMBER’18
20,024.62 Cr.
BENCHMARK
NIFTY Liquid Index
AVERAGE MATURITY*
44 daysMODIFIED DURATION*
40 daysPORTFOLIO YIELD (YIELD TO MATURITY&)
7.24%
Mr. Devang ShahWork experience: 14 years.
He has been managing this fund since5th November 2012.
Mr. Aditya PagariaWork experience: 11 years.
He has been managing this fund since13th August 2016.
FUND MANAGER
Commercial Paper 75.40% Certificate of Deposit 19.59% Treasury Bill 9.20% Corporate Bond 2.67% State Government Bond 1.66% Zero Coupon Bond 0.25% Net Current Assets -8.78%
COMPOSITION BY ASSETS (%)COMPOSITION BY RATING (%)
INVESTMENT OBJECTIVE: To provide a high level of liquidity with reasonable returns commensurating with low risk through a portfolio of money market and debt securities. However, there can be no assurance that the investment objective of the Scheme will be achieved.
AXIS LIQUID FUND(An Open-Ended Liquid Scheme)
Entry Load : NAExit Load : NIL
16
^^
PERFORMANCE (as on 31st December 2018)
Regular Plan Retail Plan Direct Plan
Options Record Date
Dividend (` 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)
Dividend (` Per unit)
NAV per unit
(Cum Dividend)
NAV per unit
(Ex Dividend)
Individu-als/ HUF
OthersIndividuals/
HUFOth-ers
Individuals/ HUF
Others
Monthly Dividend
Dec 26, 2018 4.3912 4.0663 1,006.9704 1,000.8742 4.0715 3.7725 1,005.9368 1,000.2810 4.4191 4.0921 1,006.4157 1,000.2808Nov 26, 2018 4.7963 4.4414 1,007.5328 1,000.8742 4.3700 4.0828 1,006.4021 1,000.2810 4.8275 4.4703 1,006.9828 1,000.2808Oct 25, 2018 4.4770 4.1457 1,007.0895 1,000.8742 4.1340 3.8142 1,005.9993 1,000.2810 4.5055 4.1721 1,006.5358 1,000.2808
Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 1000. Dividends disclosed above are since the inception of the fund.
DIVIDENDS
Period 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value of
Investment of` 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of ` 10,000
Date of inception
Axis Liquid Fund - Growth 7.45% 10,745 7.26% 12,343 7.84% 14,590 7.96% 20,282
09-Oct-09NIFTY Liquid Index (Benchmark) 7.36% 10,736 7.06% 12,274 7.68% 14,481 7.90% 20,179NIFTY 1 Year T-Bill Index (Additional Benchmark)
7.50% 10,750 7.14% 12,302 7.70% 14,494 6.88% 18,490
Axis Liquid Fund - Direct Plan - Growth 7.51% 10,751 7.33% 12,368 7.91% 14,638 8.14% 15,996
31-Dec-12NIFTY Liquid Index (Benchmark) 7.36% 10,736 7.06% 12,274 7.68% 14,481 7.95% 15,826NIFTY 1 Year T-Bill Index (Additional Benchmark)
7.50% 10,750 7.14% 12,302 7.70% 14,494 7.57% 15,500
Axis Liquid Fund - Retail - Growth 6.84% 10,684 6.67% 12,141 7.27% 14,206 7.64% 19,173
01-Mar-10NIFTY Liquid Index (Benchmark) 7.36% 10,736 7.06% 12,274 7.68% 14,481 8.10% 19,909NIFTY 1 Year T-Bill Index (Additional Benchmark)
7.50% 10,750 7.14% 12,302 7.70% 14,494 7.02% 18,223
Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 1,000 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 5th November 2012 and he manages 29 schemes & Aditya Pagaria is managing the scheme since 13th August 2016 and he manages 5 schemes. Please refer to annexure on Page 42-43 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).
FACTSHEETDECEMBER 2018
* 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.
AAA, SOV & Equivalent 99.50% AA+ 0.50%
ENTRY & EXIT LOAD
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
PORTFOLIO
MONTHLY AVERAGE
516.06 Cr.
AS ON 31st DECEMBER’18
573.35 Cr.
BENCHMARK
CRISIL Ultra Short Term Debt Index
AXIS ULTRA SHORT TERM FUND
17
INVESTMENT OBJECTIVE: The investment objective of the Scheme is to generate regular income and capital appreciation by investing in a portfolio of short term debt and money market instruments with relatively lower interest rate risk such that Macaulay duration of the portfolio is between 3 months and 6 months.
(An open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months)
Mr. Aditya Pagaria Work experience: 11 years.
He has been managing this fund since inception.
FUND MANAGER
DATE OF ALLOTMENT
10th September 2018
Entry Load :NAExit Load : Nil
Since scheme has not completed one year, performance details for the same are not provided.
FACTSHEETDECEMBER 2018
COMPOSITION BY ASSETS (%) COMPOSITION BY RATING (%)
Regular Plan Direct Plan
Options Record Date
Dividend (` 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
OthersIndividuals/
HUFOthers
Dec 26, 2018 0.0490 0.0454 10.0922 10.0241 0.0503 0.0465 10.1002 10.0304
Monthly DividendNov 26, 2018 0.0509 0.0471 10.0883 10.0177 0.0560 0.0518 10.0972 10.0194
Oct 25, 2018 0.0507 0.0469 10.0881 10.0176 0.0572 0.0529 10.0993 10.0199Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund.
DIVIDENDS
AVERAGE MATURITY*
181 daysMODIFIED DURATION*
163 daysPORTFOLIO YIELD (YIELD TO MATURITY&)
8.37%
* For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.
RATING % Of NAVCORPORATE BOND 40.84%
National Housing Bank CRISIL AAA 5.58%
Tata Motors Limited CARE AA+ 4.38%
LIC Housing Finance Limited CRISIL AAA 4.36%
Bank of Baroda CARE AA 4.35%
Edelweiss Commodities Services Limited
ICRA AA/CRISIL AA 3.47%
Talwandi Sabo Power Limited CRISIL AA-(SO) 2.59%
Hero Fincorp Limited CRISIL AA+ 2.56%
Vodafone Mobile Services Limited CRISIL A+ 2.24%
Tata Sons Private Ltd CRISIL AAA 1.75%
Aasan Corporate Solutions Private Limited
ICRA AA-(SO) 1.75%
Cholamandalam Investment and Finance Company Limited
ICRA AA+ 1.75%
HDFC Limited CRISIL AAA 1.74%
Shriram Transport Finance Company Limited IND AA+ 1.71%
Northern Arc Capital Limited ICRA A+ 1.21%
IndoStar Capital Finance Limited CARE AA- 1.21%
Small Industries Dev Bank of India CARE AAA 0.18%
CERTIFICATE OF DEPOSIT 17.13%
ICICI Bank Limited ICRA A1+ 8.11%
IndusInd Bank Limited CRISIL A1+ 4.29%
IDFC Bank Limited ICRA A1+ 4.21%
Equitas Small Finance Bank Limited CRISIL A1+ 0.52%
COMMERCIAL PAPER 15.50%
HDFC Limited CRISIL A1+ 4.33%
Network18 Media & Investments Limited
ICRA A1+ 4.30%
Tata Power Solar Systems Limited CRISIL A1+(SO) 2.59%
JSW Steel Limited ICRA A1+ 2.54%
Tata Motors Finance Limited CRISIL A1+ 0.87%
Tata Power Company Limited CRISIL A1+ 0.87%
ZERO COUPON BOND 10.00%
Dewan Housing Finance Corporation Limited
CARE AAA 4.22%
Mahindra & Mahindra Financial Services Limited CARE AAA 3.12%
JSW Techno Projects Management Limited
BWR A(SO) 1.81%
IDFC Bank Limited ICRA AA+ 0.86%
PASS THROUGH CERTIFICATE 5.97%
RENT-A-DEVICE TRUST ICRA AAA(SO) 2.36%
MFL Securitisation Trust CRISIL AAA(SO) 2.08%
Rainbow Devices Trust ICRA AAA(SO) 1.54%
REDUCED FACE VALUE BONDS - NON AMORTISATION 1.31%
Asirvad Microfinance Ltd CRISIL A+ 1.31%
NET CURRENT ASSETS 9.24%
GRAND TOTAL 100.00%
Corporate Bond 40.84% Certificate of Deposit 17.13% Commercial Paper 15.50% Zero Coupon Bond 10.00% Pass Through Certificate 5.97%
Reduced Face Value Bonds - Non Amortisation
1.31%
Net Current Assets 9.24%
AAA, SOV & Equivalent 68.80% AA+ 11.26% AA 7.82% AA- 5.55% A+ 4.77% A 1.81%
ENTRY & EXIT LOAD
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
PORTFOLIO
DATE OF ALLOTMENT
9th October 2009MONTHLY AVERAGE
1,583.00 Cr.
AS ON 31st DECEMBER’18
1,520.40 Cr.
BENCHMARK
NIFTY Low Duration Debt
Index
AVERAGE MATURITY*
261 daysMODIFIED DURATION
*
232 daysPORTFOLIO YIELD (YIELD TO MATURITY&)
8.54%
Mr. Devang ShahWork experience: 14 years.
He has been managing this fund since07th June 2016.
Mr. Aditya PagariaWork experience: 11 years.
He has been managing this fund since13th August 2016.
FUND MANAGER
COMPOSITION BY ASSETS (%) COMPOSITION BY RATING (%)
INVESTMENT OBJECTIVE: To provide optimal returns and liquidity to the investors by investing primarily in a mix of money market and short term debt instruments which results in a portfolio having marginally higher maturity as compared to a liquid fund at the same time maintaining a balance between safety and liquidity.
However, there can be no assurance that the investment objective of the Scheme will be achieved.
AXIS TREASURY ADVANTAGE FUND(An Open Ended Low Duration Debt Scheme Investing In Instruments Such That The Macaulay Duration Of The Portfolio Is Between 6 To 12 Months)
18
* 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.
Regular Plan Retail Plan Direct Plan
Options Record Date
Dividend (` 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)
Dividend (` Per unit)
NAV per unit
(Cum Dividend)
NAV per unit
(Ex Dividend)
Indi-viduals/ HUF
OthersIndividu-
als/ HUF
OthersIndi-
viduals/ HUF
Others
Monthly Dividend
Dec 26, 2018 5.8103 5.3803 1,013.5177 1,005.4514 5.8126 5.3792 1,013.5127 1,005.4482 6.0842 5.6339 1,013.8994 1,005.4530Nov 26, 2018 5.3030 4.9106 1,012.8134 1,005.4514 5.3026 4.9113 1,012.8113 1,005.4482 5.6049 5.1900 1,013.2339 1,005.4530Oct 25, 2018 5.8529 5.4198 1,013.5768 1,005.4514 5.8505 5.4192 1,013.5727 1,005.4482 6.1691 5.7124 1,014.0172 1,005.4530
Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 1000. Dividends disclosed above are since the inception of the fund.
DIVIDENDS
PERFORMANCE (as on 31st December 2018)
PeriodDate 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value of
Investment of` 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of ` 10,000
Date of inception
Axis Treasury Advantage Fund - Growth 7.25% 10,725 7.34% 12,369 7.85% 14,595 8.03% 20,39809-Oct-09NIFTY Low Duration Debt Index (Benchmark) 7.30% 10,730 7.47% 12,414 8.09% 14,756 8.24% 20,776
NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 7.70% 14,494 6.88% 18,490Axis Treasury Advantage Fund - Direct Plan - Growth 7.81% 10,781 7.88% 12,559 8.36% 14,945 8.59% 16,393
01-Jan-13NIFTY Low Duration Debt Index (Benchmark) 7.30% 10,730 7.47% 12,414 8.09% 14,756 8.19% 16,038NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 7.70% 14,494 7.57% 15,494Axis Treasury Advantage Fund - Retail - Growth 7.13% 10,713 6.89% 12,215 7.30% 14,224 7.59% 19,089
03-Mar-10NIFTY Low Duration Debt Index (Benchmark) 7.30% 10,730 7.47% 12,414 8.09% 14,756 8.36% 20,322NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 7.70% 14,494 7.03% 18,220Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 1,000 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 7th June 2016 and he manages 29 schemes & Aditya Pagaria is managing the scheme since 13th August 2016 and he manages 5 schemes. Please refer to annexure on 42-43 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).
FACTSHEETDECEMBER 2018
RATING % Of NAV
CORPORATE BOND 51.93%
Power Finance Corporation Limited CRISIL AAA 10.62%
Piramal Capital & Housing Finance Limited ICRA AA+ 3.93%
Small Industries Dev Bank of India CARE AAA 3.75%
NABARD CRISIL AAA 3.62%
Hinduja Leyland Finance Limited CARE AA- 3.29%
Reliance Jio Infocomm Limited CRISIL AAA 3.28%
India Infoline Finance Limited ICRA AA 2.23%
ICICI Home Finance Company Limited ICRA AAA 2.23%
Indiabulls Housing Finance Limited BWR AAA 2.10%
Muthoot Finance Limited CRISIL AA 2.06%
Shriram Transport Finance Company Limited IND AA+ 1.94%
HDFC Limited CRISIL AAA 1.71%
LIC Housing Finance Limited CRISIL AAA 1.64%
Oriental Nagpur Betul Highway Limited CRISIL AAA(SO) 1.64%
Edelweiss Commodities Services Limited CRISIL AA 1.64%
Hero Fincorp Limited CRISIL AA+ 1.61%
REC Limited CRISIL AAA 1.58%
Dewan Housing Finance Corporation Limited
BWR AAA 1.31%
Adani Transmission Limited IND AA+ 0.99%
Power Grid Corporation of India Limited CRISIL AAA 0.33%
Export Import Bank of India CRISIL AAA 0.32%
Indian Railway Finance Corporation Limited CRISIL AAA 0.13%
COMMERCIAL PAPER 18.92%
Larsen & Toubro Limited CRISIL A1+ 6.48%
JSW Steel Limited CARE A1+/ICRA A1+ 5.16%
RELIANCE RETAIL LTD CRISIL A1+ 3.24%
Indiabulls Housing Finance Limited CRISIL A1+ 2.42%
Bharti Airtel Limited CRISIL A1+ 1.62%
CERTIFICATE OF DEPOSIT 16.99%
ICICI Bank Limited ICRA A1+ 7.68%
IDFC Bank Limited ICRA A1+ 3.17%
IndusInd Bank Limited CRISIL A1+ 2.98%
HDFC Bank Limited IND A1+ 1.62%
Export Import Bank of India CRISIL A1+ 1.54%
ZERO COUPON BOND 9.51%
Dewan Housing Finance Corporation Limited
CARE AAA 6.68%
TMF Holdings Limited CRISIL AA 1.91%
IIFL Home Finance Limited CRISIL AA 0.67%
IDFC Bank Limited ICRA AA+ 0.26%
NET CURRENT ASSETS 2.65%
GRAND TOTAL 100.00%
Corporate Bond 51.93% Commercial Paper 18.92% Certificate of Deposit 16.99% Zero Coupon Bond 9.51% Net Current Assets 2.65%
AAA, SOV & Equivalent 79.49% AA+ 8.72% AA 8.50% AA- 3.29%
Entry Load :NAExit Load : Nil
ENTRY & EXIT LOAD
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
PORTFOLIO
DATE OF ALLOTMENT
22nd January 2010
MONTHLY AVERAGE
4,254.00 Cr.
AS ON 31st DECEMBER’18
4,809.80 Cr.
BENCHMARKNIFTY Short
Duration Debt Index
AVERAGE MATURITY*
1.8 yearsMODIFIED DURATION
*
1.4 yearsPORTFOLIO YIELD (YIELD TO MATURITY&)
8.40%
Mr. Devang ShahWork experience: 14 years.
He has been managing this fund since5th November 2012.
FUND MANAGER
COMPOSITION BY ASSETS (%) COMPOSITION BY RATING (%)
INVESTMENT OBJECTIVE: To generate stable returns with a low risk strategy while maintaining liquidity through a portfolio comprising of debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be achieved.
AXIS SHORT TERM FUND(An Open Ended Short Term Debt Scheme Investing In Instruments Such That The Macaulay Duration Of The Portfolio Is Between 1 Year To 3 Years)
19
Regular Plan Retail Plan Direct Plan
Options Record Date
Dividend (` 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)
Dividend (` Per unit) NAV per unit
(Cum Dividend)
NAV per unit
(Ex Dividend)
Individuals/ HUF
OthersIndividuals/
HUFOthers
Individuals/ HUF
Others
Dec 26, 2018 0.0726 0.0673 10.2606 10.1597 0.0717 0.0664 10.1245 10.0249 0.0756 0.0700 10.1312 10.0262
Monthly Dividend
Nov 26, 2018 0.0591 0.0548 10.2372 10.1550 0.0584 0.0540 10.1014 10.0203 0.0631 0.0584 10.1096 10.0219Oct 25, 2018 0.0518 0.0479 10.2244 10.1525 0.0511 0.0473 10.0887 10.0177 0.0585 0.0542 10.1016 10.0203Sep 25, 2018 - - - - - - - - 0.0001 0.0001 10.0003 10.0001
Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund.
DIVIDENDS
PERFORMANCE (as on 31st December 2018)
Period 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value of
Investment of` 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of ` 10,000
Date of inception
Axis Short Term Fund - Growth 6.31% 10,631 7.29% 12,352 8.00% 14,694 7.89% 19,72622-Jan-10NIFTY Short Duration Debt Index (Benchmark) 6.65% 10,665 7.42% 12,398 8.25% 14,867 8.01% 19,917
NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 7.70% 14,494 6.96% 18,251Axis Short Term Fund - Direct Plan - Growth 7.05% 10,705 8.03% 12,611 8.83% 15,268 8.70% 16,500
01-Jan-13NIFTY Short Duration Debt Index (Benchmark) 6.65% 10,665 7.42% 12,398 8.25% 14,867 8.21% 16,058NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 7.70% 14,494 7.57% 15,494Axis Short Term Fund - Retail - Growth 6.31% 10,631 7.29% 12,352 8.00% 14,699 7.85% 19,503
02-Mar-10NIFTY Short Duration Debt Index (Benchmark) 6.65% 10,665 7.42% 12,398 8.25% 14,867 8.05% 19,830NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 7.70% 14,494 7.03% 18,223Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 5th November 2012 and he manages 29 schemes of Axis Mutual Fund. Please refer to annexure on Page 43 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).
FACTSHEETDECEMBER 2018
* For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.
RATING % Of NAVCORPORATE BOND 68.25%Power Finance Corporation Limited CRISIL AAA 8.91%LIC Housing Finance Limited CARE AAA/CRISIL AAA 6.50%NABARD CRISIL AAA/IND AAA 5.43%HDFC Limited CRISIL AAA 4.87%REC Limited CARE AAA/CRISIL AAA 3.38%Tata Sons Private Ltd CRISIL AAA 3.18%Reliance Jio Infocomm Limited CRISIL AAA 3.05%State Bank of India CRISIL AA+ 2.61%National Housing Bank CRISIL AAA 2.60%Reliance Industries Limited CRISIL AAA 2.51%Mahindra & Mahindra Financial Services Limited IND AAA 2.15%HDFC Bank Limited CRISIL AAA 2.08%Jamnagar Utilities & Power Private Limited CRISIL AAA 1.99%NRSS XXIX Transmission Limited CRISIL AAA 1.88%Small Industries Dev Bank of India CARE AAA 1.66%Tata Capital Financial Services Limited ICRA AAA/CRISIL AAA 1.55%Indiabulls Housing Finance Limited BWR AAA 1.26%Muthoot Finance Limited CRISIL AA 1.26%L&T Housing Finance CARE AAA 1.02%Bank of Baroda IND AAA 0.93%Nirma Limited CRISIL AA 0.88%Shriram Transport Finance Company Limited CRISIL AA+ 0.85%Gruh Finance Limited CRISIL AAA 0.81%IDFC Bank Limited ICRA AA+ 0.72%Power Grid Corporation of India Limited CRISIL AAA 0.52%Aditya Birla Finance Limited ICRA AAA 0.52%ICICI Home Finance Company Limited ICRA AAA 0.52%Tata Motors Limited CARE AA+ 0.52%Mahindra Rural Housing Finance CRISIL AA+ 0.52%Indian Railway Finance Corporation Limited CRISIL AAA 0.52%Oriental Nagpur Betul Highway Limited CRISIL AAA(SO) 0.51%Cholamandalam Investment and Finance Company Limited
ICRA AA+ 0.37%
Dewan Housing Finance Corporation Limited BWR AAA 0.33%Sikka Ports and Terminals Limited CRISIL AAA 0.32%Adani Transmission Limited IND AA+ 0.31%L&T Infrastructure Finance Company Limited CARE AAA 0.31%HDB Financial Services Limited CRISIL AAA 0.30%Bajaj Finance Limited CARE AAA 0.23%Bhopal Dhule Transmission Company Limited CRISIL AAA 0.20%Bharti Airtel Limited CRISIL AA 0.10%NHPC Limited ICRA AAA 0.06%Export Import Bank of India CRISIL AAA 0.01%CERTIFICATE OF DEPOSIT 11.20%ICICI Bank Limited ICRA A1+ 4.43%IndusInd Bank Limited CRISIL A1+ 4.06%Export Import Bank of India CRISIL A1+ 1.75%Small Industries Dev Bank of India CARE A1+ 0.48%NABARD CRISIL A1+ 0.48%COMMERCIAL PAPER 4.08%Bharti Airtel Limited CRISIL A1+ 1.03%Reliance Industries Limited CRISIL A1+ 0.93%Indiabulls Housing Finance Limited CRISIL A1+ 0.70%JSW Steel Limited ICRA A1+ 0.51%Dewan Housing Finance Corporation Limited CRISIL A1+ 0.50%HDFC Limited CRISIL A1+ 0.31%NABARD ICRA A1+ 0.10%ZERO COUPON BOND 2.60%Dewan Housing Finance Corporation Limited CARE AAA 1.44%Mahindra & Mahindra Financial Services Limited IND AAA/CARE AAA 0.87%Kotak Mahindra Prime Limited CRISIL AAA 0.26%Axis Finance Limited IND AAA 0.03%HDB Financial Services Limited CRISIL AAA 0.01%GOVERNMENT BOND 3.43%7.17% GOI (MD 08/01/2028) Sovereign 1.41%8.12% GOI (MD 10/12/2020) Sovereign 0.42%6.79% GOI (MD 15/05/2027) Sovereign 0.26%8.13% GOI (MD 22/06/2045) Sovereign 0.22%7.68% GOI (MD 15/12/2023) Sovereign 0.22%7.88% GOI (MD 19/03/2030) Sovereign 0.21%7.59% GOI(MD 11/01/2026) Sovereign 0.20%9.20% GOI (MD 30/09/2030) Sovereign 0.12%6.65% GOI (MD 09/04/2020) Sovereign 0.10%7.73% GOI (MD 19/12/2034) Sovereign 0.08%8.83% GOI (MD 25/11/2023) Sovereign 0.07%8.15% GOI (MD 24/11/2026) Sovereign 0.04%7.35% GOI (MD 22/06/2024) Sovereign 0.04%6.79% GOI (MD 26/12/2029) Sovereign 0.01%8.35% GOI (MD 14/05/2022) Sovereign 0.01%7.37% GOI (MD 16/04/2023) Sovereign 0.002%7.59% GOI (MD 20/03/2029) Sovereign 0.002%PASS THROUGH CERTIFICATE 2.67%RAINBOW DEVICES TRUST ICRA AAA(SO) 1.31%RENT-A-DEVICE TRUST ICRA AAA(SO) 1.06%SANSAR TRUST ICRA AAA(SO) 0.30%STATE GOVERNMENT BOND 0.53%8.66% TAMILNADU SDL (MD 25/01/2022) Sovereign 0.39%8.15% RAJASTHAN UDAY BOND (MD 23/06/2021) Sovereign 0.06%6.92% MAHARASTRA SDL(MD 11/01/2022) Sovereign 0.04%8.21% HARYANA UDAY BOND (MD 31/03/2022) Sovereign 0.02%8.27% RAJASTHAN UDAY BOND (MD 23/06/2023) Sovereign 0.01%8.61% UTTAR PRADESH UDAY BOND (MD 21/03/2022)
Sovereign 0.01%
TREASURY BILL 0.28%364 DAYS TBILL Sovereign 0.28%NET CURRENT ASSETS 6.95%
GRAND TOTAL 100.00%
Corporate Bond 68.25% Certificate of Deposit 11.20% Commercial Paper 4.08% Zero Coupon Bond 2.60% Government Bond 3.43% Pass Through Certificate 2.67% State Government Bond 0.53% Treasury Bill 0.28% Net Current Assets 6.95%
AAA, SOV & Equivalent 91.86% AA+ 5.91% AA 2.24%
Entry Load :NAExit Load : Nil
ENTRY & EXIT LOAD
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
PORTFOLIO
DATE OF ALLOTMENT
27th April 2011MONTHLY AVERAGE
148.65 Cr.
AS ON 31st DECEMBER’18
149.09 Cr.
BENCHMARK
NIFTY Composite Debt Index
AVERAGE MATURITY*
4.7 yearsMODIFIED DURATION*
3.3 yearsPORTFOLIO YIELD (YIELD TO MATURITY&)
8.65%
Mr. R. SivakumarWork experience: 20 years.
He has been managing this fund since inception
Mr. Devang ShahWork experience: 14 years.
He has been managing this fund since5th November 2012.
FUND MANAGER
COMPOSITION BY ASSETS (%) COMPOSITION BY RATING (%)
INVESTMENT OBJECTIVE: To generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.
AXIS DYNAMIC BOND FUND(An Open-Ended Dynamic Debt Scheme Investing Across Duration)
20
Regular Plan Direct Plan
Options Record Date
Dividend (` 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
OthersIndividuals/
HUFOthers
Half Yearly Dividend
Sep 25, 2018 0.1800 0.1667 10.5609 10.3109 0.1800 0.1667 11.3205 11.0705Mar 26, 2018 0.1805 0.1672 10.6926 10.4426 0.1805 0.1672 11.3943 11.1443Sep 25, 2017 0.3611 0.3345 11.1287 10.6287 0.3611 0.3345 11.7742 11.2742Mar 27, 2017 0.3611 0.3346 11.2460 10.7460 0.3611 0.3346 11.8203 11.3203
Quarterly DividendDec 26, 2018 0.1800 0.1667 10.5617 10.3117 0.1800 0.1667 10.8404 10.5904Sep 25, 2018 0.1440 0.1334 10.3437 10.1437 0.1800 0.1667 10.6403 10.3903Jun 25, 2018 - - - - 0.1800 0.1667 10.7399 10.4899
Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Half Yearly Dividends disclosed above are for the last 2 Years. Quarterly Dividends disclosed above are for the last 3 quarters.
DIVIDENDS
PERFORMANCE (as on 31st December 2018)
Period 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value of
Investment of` 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of ` 10,000
Date of inception
Axis Dynamic Bond Fund - Growth 6.18% 10,618 7.58% 12,453 8.68% 15,162 8.33% 18,48927-Apr-11NIFTY Composite Debt Index (Benchmark) 5.73% 10,573 7.40% 12,390 8.82% 15,263 8.24% 18,381
NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.08% 10,608 6.98% 12,247 8.52% 15,053 7.11% 16,951Axis Dynamic Bond Fund - Direct Plan - Growth 7.11% 10,711 8.55% 12,792 9.87% 16,014 9.19% 16,947
01-Jan-13NIFTY Composite Debt Index (Benchmark) 5.73% 10,573 7.40% 12,390 8.82% 15,263 7.99% 15,860NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.08% 10,608 6.98% 12,247 8.52% 15,053 6.84% 14,877Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Calculations are based on Growth Option NAV. Since inception returns are calculated at Rs.10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. R. Sivakumar is managing the scheme since inception and he manages 7 schemes & Devang Shah is managing the schmes since 5th November 2012 and he manages 29 schemes. Please refer to annexure on Page 41& 43 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).
FACTSHEETDECEMBER 2018
Instrument Type/Issuer Name RATING % Of NAV
CORPORATE BOND 41.22%
Reliance Jio Infocomm Limited CRISIL AAA 7.12%
Punjab National Bank IND A+ 7.10%
Union Bank of India BWR AA 7.09%
REC Limited CRISIL AAA 6.08%
Syndicate Bank CARE A+ 5.24%
Renew Power Limited CARE A+ 3.35%
Tata Power Company Limited CRISIL AA- 2.78%
India Infrastructure Fin Co Ltd CRISIL AAA 1.79%
Suhani Trading And Investment Con-sultants Private Limited
BWR A+(SO) 0.67%
GOVERNMENT BOND 29.86%
7.17% GOI (MD 08/01/2028) Sovereign 27.14%
7.68% GOI (MD 15/12/2023) Sovereign 1.37%
8.35% GOI (MD 14/05/2022) Sovereign 0.69%
6.79% GOI (MD 15/05/2027) Sovereign 0.44%
8.60% GOI (MD 02/06/2028) Sovereign 0.22%
PASS THROUGH CERTIFICATE 6.12%
IIERT TRUST CRISIL AAA(SO) 3.50%
Zenith Trust ICRA A(SO) 1.85%
Solstice Trust ICRA AA-(SO) 0.77%
REDUCED FACE VALUE BONDS - NON AMORTISATION 1.08%
Ess Kay Fincorp Limited IND A(SO) 1.08%
NET CURRENT ASSETS 21.72%
GRAND TOTAL 100.00%
Corporate Bond 41.22%
Government Bond 29.86%
Pass Through Certificate 6.12%
Reduced Face Value Bonds - Non Amortisation 1.08%
Net Current Assets 21.72%
AAA, SOV & Equivalent 70.07% A+ 16.35% AA 7.09% AA- 3.55% A 2.94%
Entry Load :NAExit Load : Nil
ENTRY & EXIT LOAD* For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
PORTFOLIO
DATE OF ALLOTMENT
13th July 2017MONTHLY AVERAGE
244.61 Cr.
AS ON 31st DECEMBER’18
249.30 Cr.
BENCHMARK
NIFTY Corporate Bond Index
AVERAGE MATURITY*
2 yearsMODIFIED DURATION*
1.5 yearsPORTFOLIO YIELD (YIELD TO MATURITY&)
8.86%
COMPOSITION BY ASSETS (%)
INVESTMENT OBJECTIVE: The Scheme seeks to provide steady income and capital appreciation by investing in corporate debt. There is no assurance or guarantee that the objectives of the Scheme will be realized.
AXIS CORPORATE DEBT FUND(An Open Ended Debt Scheme Predominantly Investing In AA+ And Above Rated Corporate Bonds)
21
Mr. Devang ShahWork experience: 14 years.
He has been managing this fund since 13th July 2017.
FUND MANAGER
COMPOSITION BY RATING (%)
Regular Plan Direct Plan
Options Record Date
Dividend (` 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
OthersIndividuals/
HUFOthers
Monthly Dividend
Dec 26, 2018 0.0873 0.0808 10.1712 10.0500 0.0918 0.0850 10.1775 10.0500Nov 26, 2018 0.0602 0.0557 10.1404 10.0500 0.0650 0.0602 10.1336 10.0500Oct 25, 2018 0.0658 0.0610 10.1415 10.0500 0.0730 0.0676 10.1514 10.0500Sep 27, 2018 - - - - 0.0032 0.0029 10.0545 10.0500
Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund. .
DIVIDENDS
FACTSHEETDECEMBER 2018
PERFORMANCE (as on 31st December 2018)
Period 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value of
Investment of` 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of ` 10,000
Date of inception
Axis Corporate Debt Fund - Regular Plan - Growth 7.82% 10,782 NA NA NA NA 7.39% 11,10313-Jul-17NIFTY Corporate Bond Index (Benchmark) 5.93% 10,593 NA NA NA NA 5.42% 10,806
NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 NA NA NA NA 7.03% 11,049Axis Corporate Debt Fund - Direct Plan 8.75% 10,875 NA NA NA NA 8.33% 11,246
13-Jul-17NIFTY Corporate Bond Index (Benchmark) 5.93% 10,593 NA NA NA NA 5.42% 10,806NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 NA NA NA NA 7.03% 11,049Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 3years & 5 years period has not been provided, since scheme is in existence for less than 3 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the schmes since 13th July 2017 and he manages 29 schemes. Please refer to annexure on Page 43 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).
* For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio
Instrument Type/Issuer Name RATING % Of NAV
CORPORATE BOND 65.44%
Small Industries Dev Bank of India CARE AAA 8.17%
National Housing Bank CRISIL AAA 7.22%
Dewan Housing Finance Corporation Limited
BWR AAA 7.15%
HDFC Bank Limited CRISIL AAA 6.02%
Bank of BarodaCARE AA/IND
AAA5.93%
NRSS XXIX Transmission Limited CRISIL AAA 4.02%
Indiabulls Housing Finance Limited BWR AAA 4.00%
Jamnagar Utilities & Power Private Limited
CRISIL AAA 3.97%
Magma Fincorp Limited ICRA AA- 3.97%
Export Import Bank of India CRISIL AAA 3.96%
Reliance Jio Infocomm Limited CRISIL AAA 1.98%
REC Limited CRISIL AAA 1.97%
Syndicate Bank CARE A+ 1.96%
Punjab National Bank IND A+ 1.93%
Northern Arc Capital Limited ICRA A+ 1.60%
IndoStar Capital Finance Limited CARE AA- 0.80%
Renew Power Limited CARE A+ 0.40%
Suhani Trading And Investment Consultants Private Limited
BWR A+(SO) 0.40%
CERTIFICATE OF DEPOSIT 13.08%
NABARD CRISIL A1+ 9.33%
Export Import Bank of India CRISIL A1+ 3.75%
COMMERCIAL PAPER 11.75%
Tata Power Solar Systems Limited CRISIL A1+(SO) 3.97%
JSW Steel Limited ICRA A1+ 3.90%
IndoStar Capital Finance Limited CRISIL A1+ 3.88%
PASS THROUGH CERTIFICATE 3.63%
IIERT TRUST CRISIL AAA(SO) 1.61%
Zenith Trust ICRA A(SO) 1.32%
MFL Securitisation Trust CRISIL AAA(SO) 0.70%
GOVERNMENT BOND 1.98%
7.17% GOI (MD 08/01/2028) SOVEREIGN 1.98%
REDUCED FACE VALUE BONDS - NON AMORTISATION 0.65%
Ess Kay Fincorp Limited IND A(SO) 0.65%
NET CURRENT ASSETS 3.48%
GRAND TOTAL 100.00%
Corporate Bond 65.44% Certificate of Deposit 13.08% Commercial Paper 11.75% Pass Through Certificate 3.63% Government Bond 1.98% Reduced Face Value Bonds - Non Amortisation 0.65% Net Current Assets 3.48%
AAA, SOV & Equivalent 85.04% A+ 6.29% AA- 4.77% A 1.97% AA 1.93%
Entry Load :NAExit Load : Nil. (w.e.f. December 3, 2018)
ENTRY & EXIT LOAD
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
Regular Plan Direct Plan
Options Record Date
Dividend (` 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
OthersIndividuals/
HUFOthers
Half Yearly Dividend Sep 25, 2018 0.3601 0.3335 10.8759 10.3759 0.3601 0.3335 11.2089 10.7089Mar 26, 2018 0.3611 0.3345 11.1951 10.6951 0.3611 0.3345 11.4850 10.9850Sep 25, 2017 0.3611 0.3345 11.3877 10.8877 0.3611 0.3345 11.6281 11.1281Mar 27, 2017 0.3611 0.3346 11.3750 10.8750 0.3611 0.3346 11.5724 11.0724
Quarterly Dividend Dec 26, 2018 0.1440 0.1334 10.3747 10.1747 0.1800 0.1667 10.9823 10.7323Sep 25, 2018 0.1404 0.1300 10.2587 10.0638 0.1800 0.1667 10.8863 10.6363Jun 25, 2018 0.1440 0.1334 10.3468 10.1468 0.1800 0.1667 11.0014 10.7514
Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10.Half yearly dividend disclosed above are since the inception of the fund. Quarterly dividends disclosed above are for the last 3 Quarters.
DATE OF ALLOTMENT
28th March 2012MONTHLY AVERAGE
1,232.88 Cr.
AS ON 31st DECEMBER’18
1,222.36 Cr.
BENCHMARKNIFTY Medium Duration Debt
Index
AVERAGE MATURITY*
2.2 yearsMODIFIED DURATION
*
1.7 yearsPORTFOLIO YIELD (YIELD TO MATURITY&)
9.68%
Mr. Devang ShahWork experience: 14 years.He has been managing this fund since 5th November
2012.
Mr Dhaval PatelWork experience: 14 years.He has been co-managing
this fund since 1st June 2018
FUND MANAGER
COMPOSITION BY ASSETS (%) COMPOSITION BY RATING (%)
PORTFOLIO
INVESTMENT OBJECTIVE: To generate optimal returns in the medium term while maintaining liquidity of the portfolio by investing in debt and money market instruments.
DIVIDENDS
22
(An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 years to 4 years)
AXIS STRATEGIC BOND FUND
PERFORMANCE (as on 31st December 2018)
* 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.
Period 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value of
Investment of` 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of ` 10,000
Date of inception
Axis Strategic Bond Fund - Growth 6.62% 10,662 8.56% 12,796 9.45% 15,712 8.85% 17,74328-Mar-12NIFTY Medium Duration Debt Index (Benchmark) 5.62% 10,562 7.36% 12,378 8.55% 15,077 8.55% 17,416
NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.08% 10,608 6.98% 12,247 8.52% 15,053 7.46% 16,271Axis Strategic Bond Fund - Direct Plan - Growth 7.36% 10,736 9.34% 13,074 10.41% 16,408 9.46% 17,178
07-Jan-13NIFTY Medium Duration Debt Index (Benchmark) 5.62% 10,562 7.36% 12,378 8.55% 15,077 8.08% 15,919NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.08% 10,608 6.98% 12,247 8.52% 15,053 6.73% 14,767Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 5th November 2012 and he manages 29 schemes amd Dhaval Patel schemes is managing the scheme since 1st June 2018 and he manages 1 scheme of Axis Mutual Fund. Please refer to annexure on Page 43 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).
FACTSHEETDECEMBER 2018
Instrument Type/Issuer Name RATING % Of NAVCORPORATE BOND 75.89%
Indiabulls Housing Finance Limited BWR AAA 4.23%
Reliance Jio Infocomm Limited CRISIL AAA 4.05%
Dewan Housing Finance Corporation Limited CARE AAA/BWR AAA 3.45%
Oriental Nagpur Betul Highway Limited CRISIL AAA(SO) 3.23%
PVR Limited CRISIL AA- 3.23%
Renew Power Limited CARE A+ 3.02%
Bharti Airtel Limited CRISIL AA 2.98%
Coastal Gujarat Power Limited CARE AA(SO) 2.87%
Jubilant Life Sciences Limited CRISIL AA 2.86%
IndoStar Capital Finance Limited CARE AA- 2.42%
ICICI Bank Limited ICRA AA+ 2.40%
JM Financial Products Limited ICRA AA/CRISIL AA 2.34%
Suhani Trading And Investment Consultants Private Limited
BWR A+(SO) 2.27%
Bhopal Dhule Transmission Company Limited CRISIL AAA 2.15%
NRSS XXIX Transmission Limited CRISIL AAA 2.05%
LIC Housing Finance Limited CARE AAA 2.05%
JK Lakshmi Cement Limited CARE AA- 2.03%
Nirma Limited CRISIL AA 2.01%
Muthoot Finance Limited CRISIL AA 1.97%
Punjab National Bank IND A+ 1.89%
Bank of Baroda CARE AA 1.84%
Union Bank of India BWR AA 1.81%
Vijaya Bank ICRA AA- 1.79%
Northern Arc Capital Limited ICRA A+ 1.63%
Syndicate Bank CARE A+ 1.44%
Power Finance Corporation Limited CRISIL AAA 1.40%
Piramal Capital & Housing Finance Limited ICRA AA+ 1.39%
Talwandi Sabo Power Limited CRISIL AA(SO) 1.32%
Aasan Corporate Solutions Private Limited ICRA AA-(SO) 1.23%
Dalmia Cement (Bharat) Limited ICRA AA 1.21%
Vedanta Limited CRISIL AA 0.97%
Vodafone Mobile Services Limited CRISIL A+ 0.97%
Gruh Finance Limited CRISIL AAA 0.80%
Tata Power Company Limited CRISIL AA- 0.76%
Hinduja Leyland Finance Limited CARE AA- 0.73%
Sikka Ports and Terminals Limited CRISIL AAA 0.70%
Hansdeep Industries & Trading Company Limited CARE AA-(SO) 0.58%
Edelweiss Commodities Services Limited ICRA AA 0.52%
Reliance Industries Limited CRISIL AAA 0.41%
ECL Finance Limited ICRA AA 0.40%
REC Limited CRISIL AAA 0.33%
Hindalco Industries Limited CRISIL AA 0.17%
PASS THROUGH CERTIFICATE 7.21%
RENT-A-DEVICE TRUST ICRA AAA(SO) 2.78%
Zenith Trust ICRA A(SO) 1.62%
IIERT TRUST CRISIL AAA(SO) 1.22%
MFL Securitisation Trust CRISIL AAA(SO) 0.91%
Solstice Trust ICRA AA-(SO) 0.69%
GOVERNMENT BOND 3.57%
7.17% GOI (MD 08/01/2028) Sovereign 3.23%
8.35% GOI (MD 14/05/2022) Sovereign 0.13%
7.88% GOI (MD 19/03/2030) Sovereign 0.13%
8.83% GOI (MD 25/11/2023) Sovereign 0.04%
8.60% GOI (MD 02/06/2028) Sovereign 0.04%
8.15% GOI (MD 24/11/2026) Sovereign 0.01%
7.59% GOI (MD 20/03/2029) Sovereign 0.003%
ZERO COUPON BOND 2.95%
JSW Techno Projects Management Limited BWR A(SO) 2.12%
IIFL Home Finance Limited CRISIL AA 0.83%
REDUCED FACE VALUE BONDS - NON AMORTISATION 2.90%
Subros Limited ICRA AA- 0.97%
Narmada Wind Energy Private Limited CARE A+(SO) 0.79%
IKF Finance Limited CARE A- 0.58%
Ess Kay Fincorp Limited IND A(SO) 0.44%
Asirvad Microfinance Ltd CRISIL A+ 0.12%
STATE GOVERNMENT BOND 0.21%
8.19% RAJASTHAN UDAY BOND (MD 23/06/2026) Sovereign 0.21%
NET CURRENT ASSETS 7.27%
GRAND TOTAL 100.00%
Corporate Bond 75.89% Pass Through Certificate 7.21% Government Bond 3.57% Zero Coupon Bond 2.95% Reduced Face Value Bonds - Non Amortisation 2.90% State Government Bond 0.21% Net Current Assets 7.27%
AAA, SOV & Equivalent 40.77% AA 24.12% AA- 14.43% A+ 12.13% A 4.18% AA+ 3.79% A- 0.58%
ENTRY & EXIT LOAD
Entry Load :NAExit Load : If redeemed / switched-out within 12 months from the date of allotmentFor 10% of investment : NilFor remaining investment : 1%If redeemed/switched out after 12 months from the date of allotment : Nil
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
Regular Plan Direct Plan
Options Record Date
Dividend (` 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
OthersIndividuals/
HUFOthers
Dec 26, 2018 0.0695 0.0643 10.1953 10.0988 0.0758 0.0701 10.1480 10.0428Monthly Dividend
Nov 26, 2018 0.0526 0.0487 10.1660 10.0929 0.0597 0.0553 10.1202 10.0372Oct 25, 2018 0.0372 0.0344 10.1393 10.0876 0.0478 0.0442 10.0995 10.0331
Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund. .
PORTFOLIO
DATE OF ALLOTMENT
15th July 2014MONTHLY AVERAGE
1,686.98 Cr.
AS ON 31st DECEMBER’18
1,684.88 Cr.
BENCHMARK
NIFTY Credit Risk Bond Index
AVERAGE MATURITY*
1.7 yearsMODIFIED DURATION
*
1.4 yearsPORTFOLIO YIELD (YIELD TO MATURITY&)
9.88%
Mr. Devang ShahWork experience: 14 years.
He has been managing this fund since inception.
FUND MANAGER
COMPOSITION BY ASSETS (%) COMPOSITION BY RATING (%)
INVESTMENT OBJECTIVE: To generate stable returns by investing in debt & money market instruments across the yield curve & credit spectrum. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
AXIS CREDIT RISK FUND(An Open Ended Debt Scheme Predominantly Investing In AA And Below Rated Corporate Bonds (Excluding AA+ Rated Corporate Bonds)
23
DIVIDENDS
PERFORMANCE (as on 31st December 2018)
Period 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value of
Investment of` 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of ` 10,000
Date of inception
Axis Credit Risk Fund - Regular Plan - Growth 5.86% 10,586 7.35% 12,373 NA NA 8.21% 14,22215-Jul-14NIFTY Credit Risk Bond Index (Benchmark) 6.76% 10,676 8.27% 12,695 NA NA 9.05% 14,722
NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 NA NA 7.61% 13,873Axis Credit Risk Fund - Direct Plan - Growth 7.17% 10,717 8.73% 12,857 NA NA 9.45% 14,968
15-Jul-14NIFTY Credit Risk Bond Index (Benchmark) 6.76% 10,676 8.27% 12,695 NA NA 9.05% 14,722NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 NA NA 7.61% 13,873Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 5 years period has not been provided, since scheme is in existence for less than 3 years.Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since inception and he manages 29 schemes. Please refer to annexure on Page 43 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).
FACTSHEETDECEMBER 2018
* 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.
Instrument Type/Issuer Name RATING% Of NAV
CORPORATE BOND 73.67%Dewan Housing Finance Corporation Limited BWR AAA 4.69%PVR Limited CRISIL AA- 3.78%Nirma Limited CRISIL AA 3.33%
Talwandi Sabo Power LimitedCRISIL AA(SO)/CRISIL
AA-(SO)3.25%
Dalmia Cement (Bharat) Limited ICRA AA 3.24%Tata Power Company Limited IND AA/CRISIL AA- 3.03%Bank of Baroda CARE AA 2.89%Hinduja Leyland Finance Limited CARE AA- 2.75%Coastal Gujarat Power Limited CARE AA(SO) 2.67%Edelweiss Commodities Services Limited ICRA AA/CRISIL AA 2.60%Birla Corporation Limited ICRA AA 2.59%Renew Power Limited CARE A+ 2.37%Suhani Trading And Investment Consultants Private Limited
BWR A+(SO) 2.36%
Piramal Enterprises Limited ICRA AA 2.36%Oriental Nagpur Betul Highway Limited CRISIL AAA(SO) 2.31%IndoStar Capital Finance Limited CARE AA- 2.29%JK Lakshmi Cement Limited CARE AA- 2.07%ECL Finance Limited ICRA AA 2.04%Indiabulls Housing Finance Limited BWR AAA 1.95%Northern Arc Capital Limited ICRA A+ 1.71%Jubilant Life Sciences Limited CRISIL AA 1.49%LIC Housing Finance Limited CARE AAA 1.49%Aasan Corporate Solutions Private Limited ICRA AA-(SO) 1.48%Power Finance Corporation Limited CRISIL AAA 1.47%Muthoot Finance Limited CRISIL AA 1.46%Hansdeep Industries & Trading Company Limited CARE AA-(SO) 1.37%Vodafone Mobile Services Limited CRISIL A+ 1.35%Magma Fincorp Limited ICRA AA- 1.23%Bhopal Dhule Transmission Company Limited CRISIL AAA 1.15%Reliance Jio Infocomm Limited CRISIL AAA 1.09%Union Bank of India BWR AA 0.99%HDFC Limited CRISIL AAA 0.89%Nuvoco Vistas Corporation Limited CRISIL AA 0.88%Syndicate Bank CARE A+ 0.87%Punjab National Bank IND A+ 0.86%Power Grid Corporation of India Limited CRISIL AAA 0.35%Food Corporation Of India CRISIL AAA(SO) 0.31%Bharti Airtel Limited CRISIL AA 0.29%Vijaya Bank ICRA AA- 0.18%JM Financial Products Limited CRISIL AA 0.06%REC Limited CRISIL AAA 0.06%Vedanta Limited CRISIL AA 0.06%NABARD CRISIL AAA 0.01%PASS THROUGH CERTIFICATE 10.10%Sansar Trust ICRA AAA(SO) 3.94%Zenith Trust ICRA A(SO) 2.55%IIERT TRUST CRISIL AAA(SO) 1.43%RENT-A-DEVICE TRUST ICRA AAA(SO) 1.37%Solstice Trust ICRA AA-(SO) 0.82%REDUCED FACE VALUE BONDS - NON AMORTISATION
6.06%
Narmada Wind Energy Private Limited CARE A+(SO) 2.29%IKF Finance Limited CARE A- 1.67%Asirvad Microfinance Ltd CRISIL A+ 1.02%Ess Kay Fincorp Limited IND A(SO) 0.61%Subros Limited ICRA AA- 0.47%ZERO COUPON BOND 3.81%JSW Techno Projects Management Limited BWR A(SO) 2.46%IIFL Home Finance Limited CRISIL AA 1.35%STATE GOVERNMENT BOND 0.38%8.27% Rajasthan UdayBond (MD 23/06/2022) Sovereign 0.21%8.15% Rajasthan UDAY BOND (MD 23/06/2021) Sovereign 0.12%8.19% Rajasthan UDAY BOND (MD 23/06/2026) Sovereign 0.06%GOVERNMENT BOND 0.27%6.79% GOI (MD 15/05/2027) Sovereign 0.11%8.83% GOI (MD 25/11/2023) Sovereign 0.09%7.59% GOI (MD 20/03/2029) Sovereign 0.03%7.35% GOI (MD 22/06/2024) Sovereign 0.03%7.59% GOI(MD 11/01/2026) Sovereign 0.004%NET CURRENT ASSETS 5.71%GRAND TOTAL 100.00%
Corporate Bond 73.67% Pass Through Certificate 10.10% Reduced Face Value Bonds - Non
Amortisation6.06%
Zero Coupon Bond 3.81% State Government Bond 0.38% Government Bond 0.27% Net Current Assets 5.71%
AA 33.85% AAA, SOV & Equivalent 28.82% AA- 17.20% A+ 12.84% A 5.62% A- 1.67%
ENTRY & EXIT LOAD
Entry Load :NAExit Load : If redeemed / switched-out within 12 months from the date of allotment:- For 10% of investment: Nil For remaining investment: 1% If redeemed/switched out after 12 months from the date of allotment: Nil
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
Regular Plan Direct Plan
Options Record Date
Dividend (` 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
OthersIndividuals/
HUFOthers
Sep 25, 2018 0.3601 0.3335 10.8063 10.3063 - - - -
Half Yearly Dividend
Mar 26, 2018 0.3611 0.3345 11.3226 10.8226 - - - -Sep 25, 2017 0.3611 0.3345 11.8824 11.3824 - - - -Mar 27, 2017 0.3611 0.3346 11.9797 11.4797 - - - -Dec 26, 2018 0.1085 0.1005 10.3157 10.1650 0.1113 0.1030 10.3202 10.1656Nov 26, 2018 0.0728 0.0674 10.1372 10.0360 0.0760 0.0704 10.1428 10.0367
Regular Dividend Oct 25, 2018 0.0333 0.0308 10.0579 10.0116 0.0367 0.0340 10.0639 10.0129Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund. Half yearly dividend disclosed above are since the inception of the fund. Regular dividends disclosed above are for the last 3 months.
PORTFOLIO
RATING % OF ASSETS
GOVERNMENT BOND 52.98%
7.17% GOI (MD 08/01/2028) Sovereign 47.22%
8.60% GOI (MD 02/06/2028) Sovereign 5.77%
TREASURY BILL 27.99%
91 Days Tbill Sovereign 27.99%
NET CURRENT ASSETS 19.03%
GRAND TOTAL 100.00%
DATE OF ALLOTMENT
23rd January 2012
MONTHLY AVERAGE
37.20 Cr.
AS ON 31st DECEMBER’18
35.54 Cr.
BENCHMARK
NIFTY All Duration G-Sec
Index
AVERAGE MATURITY*
4.8 yearsMODIFIED DURATION*
3.2 yearsPORTFOLIO YIELD (YIELD TO MATURITY&)
7.03%
Mr. Devang ShahWork experience: 14 years.
He has been managing this fund since 5th November 2012.
FUND MANAGER
COMPOSITION BY ASSETS (%) COMPOSITION BY RATING (%)
INVESTMENT OBJECTIVE: The Scheme will aim to generate credit risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government
AXIS GILT FUND(An Open Ended Debt Scheme Investing In Government Securities Across Maturity)
24
PERFORMANCE (as on 31st December 2018)
DIVIDENDS
* For instruments with put/call option, the put/call date has been taken as the maturity date.& The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.
Period 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value of
Investment of` 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of ` 10,000
Date of inception
Axis Gilt Fund - Growth 5.24% 10,524 6.68% 12,145 8.22% 14,847 6.72% 15,70423-Jan-12NIFTY All Duration G-Sec Index (Benchmark) 7.61% 10,761 7.67% 12,483 8.90% 15,319 7.61% 16,639
Axis Gilt Fund - Direct Plan - Growth 5.79% 10,579 7.24% 12,335 8.77% 15,229 7.18% 15,15901-Jan-13NIFTY All Duration G-Sec Index (Benchmark) 7.61% 10,761 7.67% 12,483 8.90% 15,319 7.38% 15,327
Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 5th November 2012 and he manages 29 schemes. Please refer to annexure on Page 43 for performance of schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).
FACTSHEETDECEMBER 2018
Government Bond 52.98% Treasury Bill 27.99% Net Current Assets 19.03%
AAA, SOV & Equivalent 100.00%
ENTRY & EXIT LOAD
Entry Load :NAExit Load : Nil
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
Regular Plan Direct Plan
Options Record Date
Dividend (` 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
OthersIndividuals/
HUFOthers
Monthly DividendDec 26, 2018 8.7047 8.0606 1,021.0714 1,008.9869 8.8735 8.2167 1,021.3076 1008.9890Nov 26, 2018 9.7998 9.0746 1,021.0659 1,007.4611 10.1032 9.3559 1,021.4887 1007.4622Oct 25, 2018 3.5657 3.3018 1,012.4113 1007.4611 3.9305 3.6389 1,012.9178 1007.4622
Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 1000. Dividends disclosed above are since the inception of the fund.
PORTFOLIO
DATE OF ALLOTMENT
8th June 2012MONTHLY AVERAGE
2,008.38 Cr.
AS ON 31st DECEMBER’18
2,301.82 Cr.
BENCHMARK
NIFTY Banking & PSU Debt Index
AVERAGE MATURITY*
3.1 yearsMODIFIED DURATION*
2.5 yearsPORTFOLIO YIELD (YIELD TO MATURITY&)
8.20%
Mr. Aditya PagariaWork experience: 11 years.
He has been managing this fund since13th August 2016.
FUND MANAGER
COMPOSITION BY ASSETS (%) COMPOSITION BY RATING (%)
INVESTMENT OBJECTIVE: To generate stable returns by investing predominantly in debt & money market instruments issued by Banks, Public Sector Units (PSUs) & Public Financial Institutions (PFIs).The scheme shall endeavor to generate optimum returns with low credit risk.
AXIS BANKING & PSU DEBT FUND(An Open Ended Debt Scheme Predominantly Investing In Debt Instruments Of Banks, Public Sector Undertakings & Public Financial Institutions)
25
DIVIDENDS
PERFORMANCE (as on 31st December 2018)
* 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.
Period 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value of
Investment of` 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of ` 10,000
Date of inception
Axis Banking & PSU Debt Fund - Growth 7.52% 10,752 7.70% 12,494 8.17% 14,813 8.35% 16,93408-Jun-12NIFTY Banking & PSU Debt Index (Benchmark) 5.36% 10,536 7.00% 12,253 8.22% 14,848 8.23% 16,809
NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 7.70% 14,494 7.56% 16,143Axis Banking & PSU Debt Fund - Direct Plan - Growth 7.83% 10,783 7.93% 12,574 8.39% 14,963 8.46% 16,276
01-Jan-13NIFTY Banking & PSU Debt Index (Benchmark) 5.36% 10,536 7.00% 12,253 8.22% 14,848 7.99% 15,859NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 7.70% 14,494 7.57% 15,494Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ̀ 1,000 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Aditya Pagaria is managing the scheme since 13th August 2016. Aditya manages 5 schemes at Axis Mutual Fund. Please refer to annexure on Page 42 for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR).
FACTSHEETDECEMBER 2018
Instrument Type/Issuer Name RATING % Of NAV
CORPORATE BOND 86.74%
Small Industries Dev Bank of India CARE AAA 11.63%
NABARD CRISIL AAA 11.15%
Power Finance Corporation Limited CRISIL AAA 10.42%
Reliance Industries Limited CRISIL AAA 9.35%
Food Corporation Of India CRISIL AAA(SO) 8.32%
REC Limited CRISIL AAA 7.11%
National Highways Auth Of Ind CRISIL AAA 6.85%
Export Import Bank of India CRISIL AAA 6.45%
Power Grid Corporation of India Limited CRISIL AAA 6.05%
NHPC Limited ICRA AAA 2.50%
State Bank of India CRISIL AAA 2.22%
HDFC Limited CRISIL AAA 1.10%
Tata Sons Private Ltd CRISIL AAA 1.07%
Indian Railway Finance Corporation Limited
CRISIL AAA 0.85%
LIC Housing Finance Limited CRISIL AAA 0.83%
Jamnagar Utilities & Power Private Limited CRISIL AAA 0.83%
ZERO COUPON BOND 3.34%
LIC Housing Finance Limited CRISIL AAA 3.34%
STATE GOVERNMENT BOND 2.81%
8.21% Haryana UDAY BOND (MD 31/03/2022)
Sovereign 1.71%
8.39% RAJASTHAN UDAY BOND(MD 15/03/2022)
Sovereign 1.10%
NET CURRENT ASSETS 7.11%
GRAND TOTAL 100.00%
Corporate Bond 86.74% Zero Coupon Bond 3.34% State Government Bond 2.81% Net Current Assets 7.11%
AAA, SOV & Equivalent 100.00%
ENTRY & EXIT LOAD
Entry Load :NAExit Load : Nil
Quick Take - Equity
•
•
•
Equity market valuations are broadly reasonable adjusted for the cyclical low in earnings and potential for revival going forward.
We remain bullish on equities from a medium to long term perspective
Investors are suggested to have their asset allocation plan based on one’s risk appetite and future goals in life.
Quick Take - Fixed Income•••
•
Long bonds are likely to trade range bound given fiscal uncertainty. Short tenor bonds look attractive from a risk reward perspective.We continue to advise investors to stay invested in short to medium term strategies and actively look at credit funds.
OMO’s low inflation and fall in crude have led to a material fall in yields over the last three months.Likely retracement in inflation and concerns over fiscal deficit will limit the scope of further rate cuts.
10 yr G-Sec : Last 1 year
7.36%
7.08%
3.2%
Key highlights
HYBRIDOUTLOOK
JANUARY 2019
Equity Markets closed the year with a minor negative bias for the month. Frontline indices S&P BSE Sensex & NIFTY 50 were down -0.3% and -0.1% respectively. For the year however, the indices remained positive up 5.9% and 3.1% respectively. Mid and small caps saw a positive month after a year of heightened volatility. NIFTY Midcap 100 Index & NIFTY Small cap 100 Index were up 2.1% & 3.7% respectively for the month. Foreign Portfolio Investors (FPI) showed renewed faith adding to their holdings across equity and debt markets in the latter half of the calendar year as India continued to remain a favorable destination for foreign money in an otherwise uncertain EM basket. Additions in November & December 2018 cumulatively amounted to Rs. 19,484 Cr. For the year however, FPI’s were net sellers as part of a wider negative bias towards the EM basket. Domestic mutual fund inflows continue to remain strong as retail sentiment in equities remained positive despite the market correction. SIP inflows for the month of November stood at Rs 7,985 Cr.
• 10 Year at 7.36%: The benchmark yield on the 10 Year G-Sec fell 25bps during the month to 7.36%. Bond markets have been driven by the influx of liquidity from the RBI through OMOs. Expected FY19 OMO’s of Rs 3.5lakh Cr is equal to G-Sec supply for the year. The OMO’s have been a major reason for the move in G-Sec yields in the second half of the year.
• Inflation – Remains Benign: Consumer price inflation eased further to 2.3% in November V/s 3.4% (Revised) in October. Benign food inflation and softening crude prices remained key reasons despite attempts by the government to prop up crop prices through hikes in MSP earlier this year. Core inflation, however, remained steady at 5.7% in November.
Key Events During the Month
• High real rates: Tepid inflation figures, well below the RBI’s target rate has led to real rates at historic highs making it amongst the most attractive debt markets in the EM basket. A stable currency and high yields are likely to attract foreign investors given stable macro-economic factors.
• Elections & the Fisc: Persistently low inflation and fall in crude prices have reversed market sentiments positively. As we approach election season, the government has rolled out several welfare initiatives which is likely to impact the fiscal situation. The quantum of such policies will be assessed by the market in the coming months.
• US Fed – Positive on US Growth: The US Fed continued to raise rates citing a strong labor market and economic activity. Optimism on the health of the US economy continues to remain a positive for global markets given geo-political uncertainty..
RESPONSIBLE INVESTING – TIP FOR THE MONTH
Investors
Equity Investors
Debt Investors
••
•
•
•
Do not Panic - Corrections are healthy.Timing the markets is dangerous - Invest Systematically, Invest Regularly, Invest Responsibly.Be fearful when others are greedy.Be greedy when others are fearful.
Select a fund that meets your risk profile. Investing in credits is all about process.Select a fund house with a robust investment process and credit management system.
Distributors
•
•
•
Investors may worry - Calm your investors, corrections are ideal entry points for long term investors.
Effective Portfolio Management Key.
Investors trust you. Be Responsible!
26
Source: Bloomberg, Axis MF Research.
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.27
COMPOSITION BY RATING (%)DATE OF ALLOTMENT
14th August 2015MONTHLY AVERAGE
757.15 Cr.
AS ON 31st DECEMBER’18
758.93 Cr.
BENCHMARK
NIFTY50 Equity Savings Index
Mr. Anupam TiwariWork experience: 13 years.
He has been managing this fund since 06th Oct ‘16
Mr. R. SivakumarWork experience: 20 years.
He has been managing this fund since inception.
FUND MANAGER
INVESTMENT OBJECTIVE: The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
AXIS EQUITY SAVER FUND(An Open Ended Scheme Investing In Equity, Arbitrage And Debt)
AVERAGE MATURITY@*
4.9 yearsMODIFIED DURATION
@*
3.4 yearsPORTFOLIO YIELD (YIELD TO MATURITY&)
9.08%PORTFOLIO TURNOVER# (1 YEAR)
4.61 times
FACTSHEETDECEMBER 2018
Issuer Industry/Rating Equity Exposure
Derivate Exposure
Net Exposure % of Net Assets
EQUITY 66.13% -26.87% 39.26%HDFC Bank Limited Banks 4.60% -0.15% 4.44%Reliance Industries Limited Petroleum Products 4.19% -0.72% 3.47%HDFC Limited Finance 5.30% -2.41% 2.89%Infosys Limited Software 2.65% 2.65%Tata Consultancy Services Limited Software 2.63% -0.02% 2.61%Kotak Mahindra Bank Limited Banks 2.44% 2.44%Hindustan Unilever Limited Consumer Non Durables 3.05% -1.06% 2.00%Britannia Industries Limited Consumer Non Durables 2.27% -0.30% 1.97%Bandhan Bank Limited Banks 1.93% 1.93%Bajaj Finance Limited Finance 1.95% -0.04% 1.90%Sundaram Finance Limited Finance 1.38% 1.38%Mahindra & Mahindra Financial Services Limited Finance 7.18% -5.82% 1.36%ICICI Bank Limited Banks 2.10% -0.77% 1.32%Cholamandalam Investment and Finance Company Limited
Finance 1.08% 1.08%
Maruti Suzuki India Limited Auto 4.50% -3.48% 1.02%Cummins India Limited Industrial Products 1.01% 1.01%Nestle India Limited Consumer Non Durables 0.99% 0.99%TCNS Clothing Co. Limited Textile Products 0.94% 0.94%Asian Paints Limited Consumer Non Durables 0.91% 0.91%Voltas Limited Construction Project 0.73% 0.73%Wipro Limited Software 0.66% 0.66%Larsen & Toubro Limited Construction Project 0.65% 0.65%OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 0.89%DEBT SECURITIES 33.87%CORPORATE BOND 20.52%REC Limited CRISIL AAA 3.92%ICICI Bank Limited ICRA AA+ 3.41%Reliance Industries Limited CRISIL AAA 2.53%Punjab National Bank IND A+ 2.41%Piramal Capital & Housing Finance Limited ICRA AA+ 1.71%Bank of Baroda CARE AA 1.53%Dewan Housing Finance Corporation Limited BWR AAA 1.30%Cholamandalam Investment and Finance Company Limited
ICRA AA+ 0.88%
Power Grid Corporation of India Limited CRISIL AAA 0.67%Union Bank of India BWR AA 0.63%NABARD CRISIL AAA 0.62%Muthoot Finance Limited CRISIL AA 0.53%Syndicate Bank CARE A+ 0.39%FIXED DEPOSIT 8.43%HDFC Bank Limited FIXED DEPOSIT 8.43%GOVERNMENT BOND 3.38%7.17% GOI (MD 08/01/2028) Sovereign 2.60%8.28% GOI (M/D 21/09/2027) Sovereign 0.69%7.72% GOI (MD 26/10/2055) Sovereign 0.05%7.35% GOI (MD 22/06/2024) Sovereign 0.03%PASS THROUGH CERTIFICATE 0.26%IIERT TRUST CRISIL AAA(SO) 0.26%CASH & OTHER NET CURRENT ASSETS 1.27%NET ASSETS 100.00%
PORTFOLIO
Unhedged Equity 39.26% Debt, Cash & Other receivables 33.87% Hedged Equity 26.87%
COMPOSITION BY ASSETS (%)
COMPOSITION BY RATING (%)
AAA, SOV & Equivalent 22.39% AA+ 6.00% A+ 2.80% AA 2.69%
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.28
Regular Plan Direct Plan
Options Record Date
Dividend (` 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
OthersIndividuals/
HUFOthers
Dec 26, 2018 0.0553 0.0553 10.6025 10.5400 0.0553 0.0553 11.0225 10.9600Nov 26, 2018 0.0553 0.0553 10.5500 10.4800 0.0553 0.0553 10.9500 10.8800
Monthly Dividend Oct 25, 2018 0.0553 0.0553 10.2925 10.2300 0.0553 0.0553 10.6725 10.6100
Quarterly DividendDec 26, 2018 0.1660 0.1660 10.7575 10.5700 0.1660 0.1660 11.1875 11.0000Sep 25, 2018 0.1660 0.1660 10.8975 10.7100 0.1660 0.1660 11.2975 11.1100Jun 25, 2018 0.1660 0.1660 11.0100 10.8200 0.1660 0.1660 11.3800 11.1900Mar 26, 2018 0.1875 0.1875 10.7975 10.6100 0.1875 0.1875 11.1175 10.9300
Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund.
DIVIDENDS
PERFORMANCE (as on 31st December 2018)
@ Based on debt portfolio only. * For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio. #Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.
Period 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value ofInvestment of` 10,000/-
CAGR (%)
Current Value ofInvestment of`. 10,000/-
CAGR (%)
Current Value ofInvestment of`. 10,000/-
CAGR (%)
Current Value of Investment of ` 10,000
Date of inception
Axis Equity Saver Fund - Regular Plan - Growth 5.14% 10,514 7.28% 12,348 NA NA 6.59% 12,41014-Aug-15NIFTY50 Equity Savings Index (Benchmark) 5.47% 10,547 8.65% 12,828 NA NA 7.46% 12,756
Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 NA NA 8.80% 13,303Axis Equity Saver Fund - Direct Plan - Growth 6.30% 10,630 8.55% 12,792 NA NA 7.87% 12,920
14-Aug-15NIFTY50 Equity Savings Index (Benchmark) 5.47% 10,547 8.65% 12,828 NA NA 7.46% 12,756Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 NA NA 8.80% 13,303Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 5 years period has not been provided, since scheme is in existence for less than 5 years.Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Anupam Tiwari is managing the scheme since 6th October 2016 and he manages 7 schemes & R. Sivakumar is managing the scheme since inception and he manages 7 schemes. Please refer to annexure on Page 41 & 42 for performance of all schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).
ENTRY & EXIT LOAD
Entry Load :NAExit Load : If redeemed / switched-out within 12 months from the date of allotment,- For 10% of investments : NIL - For remaining investment : 1%If redeemed / switched - out after 12 months from the date of allotment : NIL
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
INVESTMENT OBJECTIVE: To generate capital appreciation by investing in a portfolio of equity or equity linked securities while secondary objective is to generate income through investments in debt and money market instruments. It also aims to manage risk through active asset allocation. However, there is no assurance or
guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
AXIS DYNAMIC EQUITY FUND(An Open Ended Dynamic Asset Allocation Fund)
29
DATE OF ALLOTMENT
1st August 2017MONTHLY AVERAGE
2,432.14 Cr.
AS ON 31st DECEMBER’18
2,412.21 Cr.
BENCHMARK
NIFTY50 Hybrid Composite Debt
50:50 Index
AVERAGE MATURITY*
1 yearMODIFIED DURATION*
0.8 yearPORTFOLIO YIELD (YIELD TO MATURITY&)
8.53%
Mr. Anupam TiwariWork experience: 13 years.
He has been managing this fund since inception.
Mr. Ashwin PatniWork experience: 16 years.
He has been managing this fund since inception.
FUND MANAGER
Mr. R. Sivakumar Work experience: 20 years.
He has been managing this fund since inception.
FACTSHEETDECEMBER 2018
Issuer Industry/Rating Equity Exposure
Derivate Exposure
Net Exposure % of Net Assets
EQUITY 65.87% -31.61% 34.26%
HDFC Bank Limited Banks 4.34% -1.22% 3.12%
Reliance Industries Limited Petroleum Products 5.74% -3.11% 2.64%
Tata Consultancy Services Limited Software 2.33% -0.43% 1.91%
Infosys Limited Software 2.94% -1.27% 1.66%
Hindustan Unilever LimitedConsumer Non Durables
2.26% -0.60% 1.65%
HDFC Limited Finance 3.02% -1.41% 1.61%
Kotak Mahindra Bank Limited Banks 1.73% -0.28% 1.44%
Bandhan Bank Limited Banks 1.42% 1.42%
Britannia Industries LimitedConsumer Non Durables
2.65% -1.25% 1.40%
Sundaram Finance Limited Finance 1.37% 1.37%
Bajaj Finance Limited Finance 2.40% -1.08% 1.32%
Nestle India LimitedConsumer Non Durables
1.41% -0.18% 1.22%
Mahindra & Mahindra Financial Services Limited
Finance 1.29% -0.10% 1.20%
TCNS Clothing Co. Limited Textile Products 1.05% 1.05%
ICICI Bank Limited Banks 2.29% -1.30% 1.00%
Larsen & Toubro Limited Construction Project 1.08% -0.13% 0.96%
City Union Bank Limited Banks 0.89% 0.89%
Cholamandalam Investment and Finance Company Limited
Finance 0.82% 0.82%
Maruti Suzuki India Limited Auto 2.62% -1.88% 0.73%
MRF Limited Auto Ancillaries 0.77% -0.05% 0.72%
Endurance Technologies Limited Auto Ancillaries 0.72% 0.72%
Page Industries Limited Textile Products 0.70% 0.70%
Varroc Engineering Limited Auto Ancillaries 0.67% 0.67%
Wipro Limited Software 3.50% -2.87% 0.63%
Divi's Laboratories Limited Pharmaceuticals 0.61% 0.61%
Cummins India Limited Industrial Products 0.54% 0.54%
ACC Limited Cement 0.57% -0.04% 0.53%
Amber Enterprises India Limited Consumer Durables 0.51% 0.51%
OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS)
1.22%
DEBT SECURITIES
COMMERCIAL PAPER 2.00%
Indiabulls Housing Finance Limited CRISIL A1+ 2.00%
CORPORATE BOND 15.27%
Shriram Transport Finance Company Limited
CRISIL AA+ 1.73%
Muthoot Finance Limited CRISIL AA 1.62%
Edelweiss Commodities Services Limited CRISIL AA 1.48%
IndoStar Capital Finance Limited CARE AA- 1.42%
Tata Power Company Limited IND AA 1.19%
HDFC Limited CRISIL AAA 1.03%
Dewan Housing Finance Corporation Limited
CARE AAA 1.01%
ICICI Bank Limited ICRA AA+ 1.01%
NABARD IND AAA 0.83%
Dewan Housing Finance Corporation Limited
BWR AAA 0.79%
Vodafone Mobile Services Limited CRISIL A+ 0.70%
Reliance Jio Infocomm Limited CRISIL AAA 0.60%
Indiabulls Housing Finance Limited BWR AAA 0.41%
Piramal Enterprises Limited ICRA AA 0.41%
Rec Limited CRISIL AAA 0.21%
PORTFOLIO
Unhedged Equity 34.26% Debt, Cash & Other receivables 34.13% Hedged Equity 31.61%
COMPOSITION BY ASSETS (%)
COMPOSITION BY RATING (%)
AAA, SOV & Equivalent 23.02% AA 5.33% AA+ 3.29% AA- 1.80% A+ 0.70%
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.30
PERFORMANCE (as on 31st December 2018)
Period 1 Year Since Inception
CAGR (%)
Current Value ofInvestment of` 10,000/-
CAGR (%)
Current Value of Investment of ` 10,000
Date of inception
Axis Dynamic Equity Fund - Regular Plan - Growth 2.67% 10,267 4.89% 10,7001-Aug-17NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 5.46% 10,546 5.53% 10,792
Nifty 50 (Additional Benchmark) 4.61% 10,461 6.44% 10,925Axis Dynamic Equity Fund - Direct Plan - Growth 4.46% 10,446 6.69% 10,960
1-Aug-17NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 5.46% 10,546 5.53% 10,792Nifty 50 (Additional Benchmark) 4.61% 10,461 6.44% 10,925Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 3 & 5 years period has not been provided, since scheme is in existence for less than 3 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Anupam Tiwari is managing the scheme since inception and he manages 7 schemes , R. Sivakumar is managing the scheme since inception and he manages 7 schemes & Ashwin Patni is managing the scheme since inception and he manages 18 schemes. Please refer to annexure on Page 41& 42 for performance of all schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).
Issuer Industry/RatingEquity Expo-sure
Derivate Exposure
Net Exposure % of Net Assets
Piramal Capital & Housing Finance Limited
ICRA AA+ 0.21%
Magma Fincorp Limited ICRA AA- 0.21%
Tata Sons Private Ltd CRISIL AAA 0.20%
Hinduja Leyland Finance Limited CARE AA- 0.17%
Larsen & Toubro Limited CRISIL AAA 0.04%
FIXED DEPOSIT 6.63%
HDFC Bank Limited FIXED DEPOSIT 6.63%
ZERO COUPON BOND 0.97%
TMF Holdings Limited CRISIL AA 0.62%
Cholamandalam Investment And Finance Company Limited
ICRA AA+ 0.35%
CASH & OTHER NET CURRENT ASSETS 9.25%
NET ASSETS 100.00%
ENTRY & EXIT LOAD
Entry Load :NAExit Load : If redeemed / switched-out within 12 months from the date of allotment, For 10 % of investments: Nil, For remain-ing investments: 1%, If redeemed / switched - out after 12 months from the date of allotment:NIL
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
AXIS EQUITY HYBRID FUND
31
INVESTMENT OBJECTIVE: To generate long term capital appreciation along with current income by investing in a mix of Equity and Equity related Instruments, debt Instruments and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
The Scheme does not assure or guarantee any returns.
(An open-ended hybrid scheme investing predominantly in equity and equity related instruments)
FACTSHEETDECEMBER 2018
PORTFOLIO
MONTHLY AVERAGE
2,248.31 Cr.
AS ON 31st DECEMBER’18
2,246.40 Cr.
BENCHMARK
CRISIL Hybrid 35+65 - Aggres-
sive Index
Mr. Ashish Naik Work experience: 11 years.
He has been managing this fund since inception.
Mr. R. Sivakumar Work experience: 20 years.
He has been managing this fund since inception.
FUND MANAGER
DATE OF ALLOTMENT
9th August 2018
Since scheme has not completed one year, performance details for the same are not provided.
Instrument Type/Issuer Name Industry/ Rating % OF NAV
EQUITY 76.60%
HDFC Bank Limited Banks 8.08%
Tata Consultancy Services Limited Software 5.93%
Kotak Mahindra Bank Limited Banks 5.35%
HDFC Limited Finance 4.37%
Larsen & Toubro Limited Construction Project 3.72%
Maruti Suzuki India Limited Auto 3.52%
Reliance Industries Limited Petroleum Products 3.50%
ICICI Bank Limited Banks 3.00%
Infosys Limited Software 2.87%
Bajaj Finance Limited Finance 2.65%
ITC Limited Consumer Non Durables 2.53%
Motherson Sumi Systems Limited Auto Ancillaries 2.38%
Avenue Supermarts Limited Retailing 2.36%
Eicher Motors Limited Auto 2.12%
Bajaj Finserv Limited Finance 1.94%
Titan Company Limited Consumer Durables 1.87%
Gruh Finance Limited Finance 1.69%
Hindustan Unilever Limited Consumer Non Durables 1.67%
Asian Paints Limited Consumer Non Durables 1.65%
Shree Cement Limited Cement 1.62%
Bandhan Bank Limited Banks 1.46%
Sun Pharmaceutical Industries Limited Pharmaceuticals 1.22%
Nestle India Limited Consumer Non Durables 1.15%
Torrent Pharmaceuticals Limited Pharmaceuticals 1.14%
Container Corporation of India Limited Transportation 1.07%
PI Industries Limited Pesticides 0.98%
Pidilite Industries Limited Chemicals 0.92%
Hero MotoCorp Limited Auto 0.90%
Max Financial Services Limited Finance 0.82%
Tech Mahindra Limited Software 0.82%
Sundaram Finance Limited Finance 0.73%
UltraTech Cement Limited Cement 0.73%
HDFC Standard Life Insurance Company Limited Finance 0.62%
City Union Bank Limited Banks 0.55%
Varroc Engineering Limited Auto Ancillaries 0.54%
OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 0.14%
DEBT SECURITIES
CBLO/TRI PARTY REPO 1.74%
CERTIFICATE OF DEPOSIT 2.20%
IndusInd Bank Limited CRISIL A1+ 2.20%
COMMERCIAL PAPER 9.52%
Reliance Jio Infocomm Limited CRISIL A1+ 6.23%
NABARD ICRA A1+ 2.21%
Indiabulls Housing Finance Limited CRISIL A1+ 1.08%
CORPORATE BOND 9.22%
HDFC Bank Limited CRISIL AAA 2.67%
Power Finance Corporation Limited CRISIL AAA 2.22%
Dewan Housing Finance Corporation Limited CARE AAA 1.09%
REC Limited CRISIL AAA 1.06%
Reliance Industries Limited CRISIL AAA 0.85%
HDFC Limited CRISIL AAA 0.45%
Gruh Finance Limited CRISIL AAA 0.45%
Hero Fincorp Limited CRISIL AA+ 0.44%
MARGIN FIXED DEPOSIT 1.11%
HDFC Bank Limited 1.11%
NET CURRENT ASSETS -0.40%
NET ASSETS 100.00%
COMPOSITION BY RATING (%)
AVERAGE MATURITY*@
1.8 yearsMODIFIED DURATION*@
1.3 yearPORTFOLIO YIELD (YIELD TO MATURITY&)
7.75%
DEBT COMPONENT
@ Based on debt portfolio only. * For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio. #Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.
EQUITY 76.60% Debt, Cash & other current assets 23.40%
COMPOSITION BY ASSETS (%)
AAA, SOV & Equivalent 22.96%
AA+ 0.44%
ENTRY & EXIT LOAD
Entry Load :NAExit Load :If redeemed/ switched out on or before 12 months from the date of allotment:- For 10% of investment: Nil- For remaining investment: 1%If redeemed/ switched out after 12 months from the date of allotment: Nil
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
Regular Plan Direct Plan
Options Record Date
Dividend (` 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
OthersIndividuals/
HUFOthers
Annual Dividend
Mar 26, 2018 0.7222 0.6691 12.4612 11.4612 0.7222 0.6691 13.1199 12.1199Mar 27, 2017 0.7223 0.6692 12.5556 11.5556 0.5417 0.5019 12.7860 12.0360Mar 28, 2016 0.7222 0.6691 12.5739 11.5739 0.7222 0.6691 12.6583 11.6583Mar 25, 2015 0.3629 0.3365 12.6035 12.1035 0.3629 0.3365 12.5849 12.0849
Half Yearly Dividend Sep 25, 2018 0.3601 0.3335 11.1362 10.6362 0.3601 0.3335 11.8667 11.3667Mar 26, 2018 0.3611 0.3345 11.4652 10.9652 0.3611 0.3345 12.1281 11.6281Sep 25, 2017 0.3611 0.3345 11.6889 11.1889 0.3611 0.3345 12.2724 11.7724
Quarterly Dividend
Mar 27, 2017 0.3611 0.3346 11.6071 11.1071 0.3611 0.3346 12.0977 11.5977Dec 26, 2018 0.1800 0.1667 10.7750 10.5250 0.1800 0.1667 13.5027 13.2527Sep 25, 2018 - - - - 0.1800 0.1667 13.5143 13.2643Jun 25, 2018 0.1440 0.1334 10.8254 10.6254 0.1800 0.1667 13.7449 13.4949
Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund. Half Yearly Dividends disclosed above are for the last 2 Years. Quarterly Dividends disclosed above are for the last 3 quarters. @ Based on debt portfolio only.
PORTFOLIO
Instrument Type/Issuer Name Industry/Rating
% OF NAV
EQUITY 19.75%HDFC Bank Limited Banks 1.87%Kotak Mahindra Bank Limited Banks 1.42%
Larsen & Toubro Limited Construction Project 1.06%
Bandhan Bank Limited Banks 0.91%ICICI Bank Limited Banks 0.79%
Motherson Sumi Systems Limited Auto Ancil-laries 0.73%
Bajaj Finance Limited Finance 0.73%HDFC Limited Finance 0.71%Info Edge (India) Limited Software 0.70%Maruti Suzuki India Limited Auto 0.67%Avenue Supermarts Limited Retailing 0.65%Shree Cement Limited Cement 0.64%Eicher Motors Limited Auto 0.62%
Endurance Technologies Limited Auto Ancil-laries 0.62%
Bajaj Finserv Limited Finance 0.55%
Page Industries Limited Textile Prod-ucts 0.55%
Multi Commodity Exchange of India Limited Finance 0.54%Mahindra & Mahindra Financial Services Limited Finance 0.54%
Tata Consultancy Services Limited Software 0.52%PI Industries Limited Pesticides 0.52%
Hindustan Unilever Limited Consumer Non Durables 0.50%
Hindustan Unilever Limited Consumer Non Durables 0.51%
Asian Paints Limited Consumer Non Durables 0.50%
OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 3.89%
DEBT SECURITIESCORPORATE BOND 67.67%Power Finance Corporation Limited CRISIL AAA 10.34%Reliance Jio Infocomm Limited CRISIL AAA 9.52%Mahindra & Mahindra Financial Services Limited IND AAA 8.49%
Adani Transmission Limited IND AA+ 6.84%Dewan Housing Finance Corporation Limited BWR AAA 6.76%
HDFC Limited CRISIL AAA 5.14%Renew Power Limited CARE A+ 3.76%NABARD CRISIL AAA 3.43%National Highways Auth Of Ind CRISIL AAA 3.35%REC Limited CRISIL AAA 3.35%Muthoot Finance Limited CRISIL AA 3.29%Suhani Trading And Investment Consultants Private Limited BWR A+(SO) 1.70%
Magma Fincorp Limited ICRA AA- 1.69%Blue Dart Express Limited ICRA AA 0.01%CERTIFICATE OF DEPOSIT 3.38%IndusInd Bank Limited CRISIL A1+ 3.38%COMMERCIAL PAPER 3.31%Indiabulls Housing Finance Limited CRISIL A1+ 3.31%TREASURY BILL 1.70%91 DAYS TBILL Sovereign 1.70%NET CURRENT ASSETS 4.19%NET ASSETS 100.00%
DATE OF ALLOTMENT
16th July 2010MONTHLY AVERAGE
293.77 Cr.
AS ON 31st DECEMBER’18
292.40 Cr.
AVERAGE MATURITY@*
1yearMODIFIED DURATION
@*
0.9 yearPORTFOLIO YIELD (YIELD TO MATURITY&)
8.74%
Mr. Ashish NaikWork experience: 11 years.
He has been managing this fund since 22nd June 2016
FUND MANAGER
Mr. Devang ShahWork experience: 14 years.
He has been managing this fund since 07th June 2016
INVESTMENT OBJECTIVE: The Scheme seeks to generate regular income through investments in debt & money market instruments, along with capital appreciation through limited exposure to equity and equity related instruments.
AXIS REGULAR SAVER FUND (An Open Ended Hybrid Scheme Investing Predominantly In Debt Instruments)
DIVIDENDS
32
BENCHMARK
NIFTY50 Hybrid Short Duration
Debt 25:75 Index
PERFORMANCE (as on 31st December 2018)
* 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.
Period 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value of
Investment of` 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of ` 10,000
Date of inception
Axis Regular Saver Fund - Growth 3.18% 10,318 6.42% 12,053 9.09% 15,457 7.93% 19,08616-Jul-10NIFTY 50 Hybrid Short Duration Debt 25:75 Index
(Benchmark)6.34% 10,634 8.86% 12,902 9.57% 15,795 8.94% 20,653
NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.08% 10,608 6.98% 12,247 8.52% 15,053 NA NAAxis Regular Saver Fund - Direct Plan - Growth 4.34% 10,434 7.82% 12,538 10.67% 16,604 9.84% 17,553
04-Jan-13NIFTY50 Hybrid Short Duration Debt 25:75 Index (Benchmark)
6.34% 10,634 8.86% 12,902 9.57% 15,795 9.24% 16,978
NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.08% 10,608 6.98% 12,247 8.52% 15,053 6.77% 14,806Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Devang Shah is managing the scheme since 7th June 2016 and he manages 29 schemes & Ashish Naik is managing the scheme since 22nd June 2016 and he manages 6 schemes. Please refer to annexure on Page 41& 43 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).
FACTSHEETDECEMBER 2018
COMPOSITION BY ASSETS (%) Corporate Bond 67.67% Equity 19.75% Certificate of Deposit 3.38% Commercial Paper 3.31% Treasury Bill 1.70% Net Current Assets 4.19%
COMPOSITION BY RATING (%)
AAA, SOV & Equivalent 58.77% AA+ 6.84% A+ 5.45% AA 3.30% AA- 1.69%
ENTRY & EXIT LOAD
Entry Load :NAExit Load :If redeemed/switch out within 12 months from the date of allotment:- For 10% of investment : Nil - For remaining investment : 1%If redeemed/switch out after 12 months from the date of allotment: Nil
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
AXIS CHILDREN’S GIFT FUND(An Open Ended Fund, For Investment For Children, Having A Lock-In Of 5 Years Or Till The Child Attains Age Of Majority (Whichever Is Earlier))
INVESTMENT OBJECTIVE: The investment objective of the scheme is to generate income by investing in debt & money market instruments along with long-term capital appreciation through investments in equity & equity related instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
33
FACTSHEETDECEMBER 2018
PORTFOLIO
Issuer Industry/Rating
Net Exposure % of Net Assets
EQUITY 67.57%
HDFC Bank Limited Banks 7.00%
Tata Consultancy Services Limited Software 5.39%
Kotak Mahindra Bank Limited Banks 4.38%
HDFC Limited Finance 4.00%
Maruti Suzuki India Limited Auto 2.65%
Larsen & Toubro LimitedConstruction Project
2.58%
ICICI Bank Limited Banks 2.28%
Bajaj Finance Limited Finance 2.28%
Motherson Sumi Systems Limited Auto Ancillaries 2.12%
Shree Cement Limited Cement 2.02%
Bandhan Bank Limited Banks 1.78%
Bajaj Finserv Limited Finance 1.77%
Avenue Supermarts Limited Retailing 1.57%
Eicher Motors Limited Auto 1.53%
Divi's Laboratories Limited Pharmaceuticals 1.52%
Infosys Limited Software 1.51%
Hindustan Unilever LimitedConsumer Non Durables
1.50%
Page Industries Limited Textile Products 1.48%
Nestle India LimitedConsumer Non Durables
1.47%
Astral Poly Technik Limited Industrial Products 1.46%
Info Edge (India) Limited Software 1.38%
Varroc Engineering Limited Auto Ancillaries 1.37%
Cummins India Limited Industrial Products 1.36%
Endurance Technologies Limited Auto Ancillaries 1.34%
Asian Paints LimitedConsumer Non Durables
1.32%
PI Industries Limited Pesticides 1.31%
Sundaram Finance Limited Finance 1.30%
City Union Bank Limited Banks 1.22%
WABCO India Limited Auto Ancillaries 1.19%
V-Guard Industries LimitedIndustrial Capital Goods
1.14%
Pidilite Industries Limited Chemicals 1.13%
Mahindra & Mahindra Financial Services Limited Finance 1.07%
Camlin Fine Sciences Limited Chemicals 0.66%
Blue Dart Express Limited Transportation 0.55%
HDFC Standard Life Insurance Company Limited Finance 0.53%
OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 0.40%
DEBT SECURITIES
CERTIFICATE OF DEPOSIT 0.75%
IndusInd Bank Limited CRISIL A1+ 0.75%
COMMERCIAL PAPER 2.95%
Indiabulls Housing Finance Limited CRISIL A1+ 2.95%
CORPORATE BOND 16.07%
Power Finance Corporation Limited CRISIL AAA 3.99%
ICICI Bank Limited ICRA AA+ 3.74%
Union Bank of India BWR AA 3.30%
Magma Fincorp Limited ICRA AA- 2.52%
Renew Power Limited CARE A+ 1.52%
HDFC LIMITED CRISIL AAA 0.51%
Syndicate Bank CARE A+ 0.25%
Punjab National Bank IND A+ 0.24%
GOVERNMENT BOND 4.87%
7.17% GOI (MD 08/01/2028) Sovereign 4.74%
7.59% GOI (MD 11/01/2026) Sovereign 0.13%
ZERO COUPON BOND 3.69%
IDFC Bank Limited ICRA AA+ 2.51%
TMF Holdings Limited CRISIL AA 1.18%
CASH & OTHER NET CURRENT ASSETS 4.10%
NET ASSETS 100.00%
COMPOSITION BY ASSETS (%)
PERFORMANCE (as on 31st December 2018)
DATE OF ALLOTMENT
08th December 2015
MONTHLY AVERAGE
390.46 Cr.
AS ON 31st DECEMBER’18
393.53 Cr.
BENCHMARK
NIFTY 50 Hybrid Composite Debt
65:35 Index
AVERAGE MATURITY@*
2.5 yearsMODIFIED DURATION
@*
1.9 yearsPORTFOLIO YIELD (YIELD TO MATURITY&)
8.67%
Mr. Ashish NaikWork experience: 11 years.
He has been managing this fund since 6th July 2016
Mr. R. SivakumarWork experience: 20 years.
He has been managing this fund since 07th June 2016.
FUND MANAGER
@ Based on debt portfolio only. * For instruments with put/call option, the put/call date has been taken as the maturity date.& The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio. Returns greater than 1 year period are compounded annualised (CAGR).
Period 1 Year 3 Years Since Inception
CAGR (%)
Current Value ofInvestment of` 10,000/-
CAGR (%)
Current Value ofInvestment of` 10,000/-
CAGR (%)
Current Value of
Investment of ` 10,000
Date of inception
Axis Childrens Gift Fund - Compulsory Lock-in - Regular Plan - Regular Plan - Growth
0.19% 10,019 7.81% 12,534 8.10% 12,699
08-Dec-15NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 5.26% 10,526 10.92% 13,649 11.45% 13,942Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 13.34% 14,682Axis Childrens Gift Fund - Compulsory Lock-in - Direct Plan - Growth
1.78% 10,178 9.56% 13,156 9.86% 13,34108-Dec-15NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 5.26% 10,526 10.92% 13,649 11.45% 13,942
Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 13.34% 14,682Axis Childrens Gift Fund - No Lock-in^ - Regular Plan - Growth
0.19% 10,019 7.81% 12,532 8.10% 12,69708-Dec-15NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 5.26% 10,526 10.92% 13,649 11.45% 13,942
Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 13.34% 14,682Axis Childrens Gift Fund - No Lock-in^ - Direct Plan - Growth
1.88% 10,188 9.84% 13,257 10.15% 13,450
08-Dec-15NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 5.26% 10,526 10.92% 13,649 11.45% 13,942Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 13.34% 14,682Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. Since inception returns for Axis Childrens Gift Fund - Compulsory Lock-in Regular Plan - Growth & Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth are calculated from 08th December 2015. The performance data for 5 years period has not been provided, since scheme is in existence for less than 5 years.Different plans have different expense structure. Ashish Naik manages 6 schemes & R. Sivakumar manages 7 schemes. Please refer to annexure on Page 41 for performance of all schemes managed by the fund managers.
COMPOSITION BY ASSETS (%) Unhedged Equity 67.57% Debt, Cash & Other receivables 32.43%
AAA, SOV & Equivalent 17.17% AA+ 6.26% AA 4.48% AA- 2.52% A+ 2.01%
ENTRY & EXIT LOAD
Entry Load :NAExit Load :Under Compulsory Lock-in: No exit load post lock-in periodUnder No Lock-in: an Exit Load of 3% is payable if Units are redeemed / switched-out upto 1 year from the date of allotment.an Exit Load of 2% is payable if Units are redeemed / Switched-out after 1 year and upto 2 years from the date of allotment
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
INVESTMENT OBJECTIVE: To generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments, fixed income instruments & Gold Exchange Traded Funds.
AXIS TRIPLE ADVANTAGE FUND(An Open Ended Scheme Investing In Equity, Debt And Gold)
34
FACTSHEETDECEMBER 2018
PORTFOLIO
DATE OF ALLOTMENT
23rd August 2010MONTHLY AVERAGE
280.69 Cr.
AS ON 31st DECEMBER’18
282.84 Cr.
BENCHMARK65% of Nifty 50 + 20% of NIFTY Composite Debt
Index + 15% of INR Price of Gold
AVERAGE MATURITY@*
3.8 years
Mr. R. Sivakumar Work experience: 20 years.
He has been managing the fund since 14th September 2010
Mr. Ashish NaikWork experience: 11 years.
He has been managing this fund since 22nd June 2016
FUND MANAGER
PERFORMANCE (as on 31st December 2018)
* For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio. £Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes,there has been change in the fundamental attribute(s) of the aforesaid effective from May 18, 2018.
Regular Plan
Options Record Date
Dividend (` Per unit) NAV per unit
(Cum Dividend)
NAV per unit
(Ex Dividend)
Individuals/ HUF
Others
DividendApr 17, 2014 0.4676 0.4478 11.3222 10.7222 Sep 17, 2012 0.7047 0.6040 11.2694 10.4694 Sep 21, 2011 0.7047 0.6040 10.9561 10.1561
Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. @ Based on debt portfolio only.
DIVIDENDS
Period 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value of
Investment of` 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of`. 10,000/-
CAGR (%)
Current Value of
Investment of ` 10,000
Date of inception
Axis Triple Advantage Fund - Growth 1.86% 10,186 8.14% 12,649 8.07% 14,744 7.73% 18,643
23-Aug-1065% of Nifty 50 + 20% of NIFTY Composite Debt Index + 15% of INR Price of Gold (Benchmark)
5.59% 10,559 11.14% 13,731 11.02% 16,871 9.20% 20,868
NIFTY 10 yr Benchmark G-Sec (Additional Benchmark)
6.08% 10,608 6.98% 12,247 8.52% 15,053 NA NA
Axis Triple Advantage Fund - Direct Plan - Growth
2.87% 10,287 9.34% 13,076 9.29% 15,594 7.76% 15,660
01-Jan-1365% of Nifty 50 + 20% of NIFTY Composite Debt Index + 15% of INR Price of Gold (Benchmark)
5.59% 10,559 11.14% 13,731 11.02% 16,871 9.65% 17,382
NIFTY 10 yr Benchmark G-Sec (Additional Benchmark)
6.08% 10,608 6.98% 12,247 8.52% 15,053 6.84% 14,877
Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns is calculated on ` 10 invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above.R. Sivakumar is managing the scheme since 14th September 2010 and he manages 7 schemes & Ashish Naik is managing the scheme since 22nd June 2016 and he manages 6 schemes. Please refer to annexure on Page 41 for performance of all schemes managed by the fund managers. Scheme Performance may not be strictly comparable with that of its additional benchmark in view of hybrid nature of the scheme. Returns greater than 1 year period are compounded annualised (CAGR).
MODIFIED DURATION@*
2.6 yearsPORTFOLIO YIELD (YIELD TO MATURITY&)
8.09%PORTFOLIO TURNOVER# (1 YEAR)
0.89 times
Issuer Industry/Rating
Net Exposure % of Net Assets
EQUITY 67.55%
HDFC Bank Limited Banks 6.73%
Tata Consultancy Services Limited Software 5.56%
Kotak Mahindra Bank Limited Banks 4.50%
HDFC Limited Finance 3.97%
Larsen & Toubro LimitedConstruction Project
3.16%
Bandhan Bank Limited Banks 2.71%
Maruti Suzuki India Limited Auto 2.68%
Divi's Laboratories Limited Pharmaceuticals 2.55%
ICICI Bank Limited Banks 2.55%
Motherson Sumi Systems Limited Auto Ancillaries 2.53%
Infosys Limited Software 2.27%
Shree Cement Limited Cement 2.20%
Bajaj Finance Limited Finance 2.11%
Hindustan Unilever LimitedConsumer Non Durables
2.05%
Avenue Supermarts Limited Retailing 2.03%
Container Corporation of India Limited Transportation 1.90%
Gruh Finance Limited Finance 1.89%
Bajaj Finserv Limited Finance 1.67%
Nestle India LimitedConsumer Non Durables
1.52%
WABCO India Limited Auto Ancillaries 1.48%
Eicher Motors Limited Auto 1.47%
Endurance Technologies Limited Auto Ancillaries 1.47%
Info Edge (India) Limited Software 1.42%
Cummins India Limited Industrial Products 1.22%
Asian Paints LimitedConsumer Non Durables
1.22%
PI Industries Limited Pesticides 1.16%
Camlin Fine Sciences Limited Chemicals 0.92%
Varroc Engineering Limited Auto Ancillaries 0.86%
Pidilite Industries Limited Chemicals 0.83%
Blue Dart Express Limited Transportation 0.62%
OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 0.26%
DEBT SECURITIES
COMMERCIAL PAPER 3.42%
Indiabulls Housing Finance Limited CRISIL A1+ 3.42%
CORPORATE BOND 9.20%
Power Finance Corporation Limited CRISIL AAA 5.43%
Sikka Ports and Terminals Limited CRISIL AAA 1.45%
India Infrastructure Fin Co Ltd CRISIL AAA 0.94%
Union Bank of India BWR AA 0.85%
REC Limited CRISIL AAA 0.35%
Hindalco Industries Limited CRISIL AA 0.18%
GOVERNMENT BOND 3.57%
7.17% GOI (MD 08/01/2028) Sovereign 3.49%
8.35% GOI (MD 14/05/2022) Sovereign 0.05%
8.12% GOI (MD 10/12/2020) Sovereign 0.03%
GOLD 11.35%
Axis Mutual Fund 11.35%
CASH & OTHER NET CURRENT ASSETS 4.91%
NET ASSETS 100.00%
COMPOSITION BY ASSETS (%) Unhedged Equity 67.55% Debt, Cash & Other receivables 21.09% Gold 11.35%
COMPOSITION BY ASSETS (%)
AAA, SOV & Equivalent 20.06% AA 1.03%
ENTRY & EXIT LOAD
Entry Load :NA
Exit Load :If redeemed/switch out within 12 months from the date of allotment:
- For 10% of investment : Nil - For remaining investment : 1%
If redeemed/switch out after 12 months from the date of allotment: Nil
Please refer to page no 38-39, 43, 44-44 for NAV, TER, Riskometer & Statutory Details.
DATE OF ALLOTMENT
14th August 2014MONTHLY AVERAGE
2,147.50 Cr.
AS ON 31st DECEMBER’18
2,215.48 Cr.
BENCHMARK
Nifty 50 Arbitrage Index
Mr. Ashwin Patni Work experience: More than 16 years.He has been managing the fund since
27th April 2015
Mr. Devang ShahWork experience: More than14 years.He has been managing this fund since
inception.
FUND MANAGER
AXIS ARBITRAGE FUND INVESTMENT OBJECTIVE: To generate income through low volatility absolute return strategies that take advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities available within the derivative segment, by using other derivative based strategies and by investing the balance in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
(An Open Ended Scheme Investing In Arbitrage Opportunities )
35
AVERAGE MATURITY*@
63 daysMODIFIED DURATION*@
57 daysPORTFOLIO YIELD (YIELD TO MATURITY&)
7.49%PORTFOLIO TURNOVER# (1 YEAR)
12.08 times
FACTSHEETDECEMBER 2018
Issuer Industry/Rating
% Of Net Asset
Exposure EQUITY 65.96%
Sun Pharmaceutical Industries Limited Pharmaceuticals 7.68%
HDFC Limited Finance 7.24%
Reliance Industries LimitedPetroleum Products
5.74%
Bajaj Finance Limited Finance 4.18%
Page Industries Limited Textile Products 3.69%
Divi's Laboratories Limited Pharmaceuticals 3.59%
Mahindra & Mahindra Limited Auto 2.30%
Tata Steel Limited Ferrous Metals 1.70%
Mahindra & Mahindra Financial Services Limited Finance 1.66%
ITC LimitedConsumer Non Durables
1.58%
Century Textiles & Industries Limited Cement 1.52%
United Spirits LimitedConsumer Non Durables
1.20%
Bharat Forge Limited Industrial Products 1.07%
Tata Consultancy Services Limited Software 1.02%
Yes Bank Limited Banks 0.98%
Infosys Limited Software 0.98%
ICICI Bank Limited Banks 0.96%
Cadila Healthcare Limited Pharmaceuticals 0.92%
Tata Global Beverages LimitedConsumer Non Durables
0.85%
Punjab National Bank Banks 0.76%
UPL Limited Pesticides 0.67%
Adani Power Limited Power 0.65%
HCL Technologies Limited Software 0.60%
Maruti Suzuki India Limited Auto 0.58%
Torrent Power Limited Power 0.54%
Vedanta LimitedNon - Ferrous Metals
0.53%
Tech Mahindra Limited Software 0.53%
Titan Company LimitedConsumer Durables
0.53%
Jindal Steel & Power Limited Ferrous Metals 0.50%
OTHER EQUITY (LESS THAN 0.50% OF THE CORPUS) 11.23%
DEBT SECURITIES
CERTIFICATE OF DEPOSIT 3.58%
NABARD CRISIL A1+ 1.79%
Equitas Small Finance Bank Limited CRISIL A1+ 1.12%
IndusInd Bank Limited CRISIL A1+ 0.45%
ICICI Bank Limited ICRA A1+ 0.22%
COMMERCIAL PAPER 3.77%
Reliance Jio Infocomm Limited CRISIL A1+ 1.13%
Indiabulls Housing Finance Limited CRISIL A1+ 1.09%
IndoStar Capital Finance Limited CRISIL A1+ 0.65%
HDFC Limited ICRA A1+ 0.45%
HDFC Limited CRISIL A1+ 0.22%
Aditya Birla Capital Limited CRISIL A1+ 0.22%
CORPORATE BOND 5.52%
HDFC Limited CRISIL AAA 0.50%
NABARD IND AAA 1.13%
Tata Capital Financial Services Limited CRISIL AAA 1.12%
Edelweiss Commodities Services Limited CRISIL AA 0.58%
Cholamandalam Investment and Finance Company Limited
ICRA AA+ 0.45%
India Infoline Finance Limited ICRA AA 0.45%
Muthoot Finance Limited CRISIL AA 0.44%
Power Finance Corporation Limited CRISIL AAA 0.32%
Piramal Capital & Housing Finance Limited ICRA AA+ 0.22%
L&T Finance Limited ICRA AAA 0.17%
Power Grid Corporation of India Limited CRISIL AAA 0.14%
FIXED DEPOSIT 12.41%
HDFC Bank Limited Fixed Deposit 12.41%
ZERO COUPON BOND 1.43%
Dewan Housing Finance Corporation Limited CARE AAA 1.09%
TMF Holdings Limited CRISIL AA 0.33%
CASH & OTHER NET CURRENT ASSETS 7.33%
NET ASSETS 100.00%
PORTFOLIO
Period 1 Year 3 Years 5 Years Since Inception
CAGR (%)
Current Value ofInvestment of` 10,000/-
CAGR (%)
Current Value ofInvestment of`. 10,000/-
CAGR (%)
Current Value ofInvestment of`. 10,000/-
CAGR (%)
Current Value of Investment of `
10,000
Date of inception
Axis Arbitrage Fund - Regular Plan - Growth 6.08% 10,608 6.09% 11,943 NA NA 6.51% 13,185
14-Aug-14Nifty 50 Arbitrage Index (Benchmark) 4.43% 10,443 5.11% 11,613 NA NA 5.94% 12,878
NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 NA NA 7.58% 13,773
Axis Arbitrage Fund - Direct Plan - Growth 6.94% 10,694 6.96% 12,239 NA NA 7.40% 13,673
14-Aug-14Nifty 50 Arbitrage Index (Benchmark) 4.43% 10,443 5.11% 11,613 NA NA 5.94% 12,878
NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 NA NA 7.58% 13,773Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. The performance data for 5 years period has not been provided for scheme/plan not in existence for 5 years. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above.Devang Shah is managing the scheme since inception and he manages 29 schemes & Ashwin Patni is managing the scheme since 27th April 2015 and he manages 18 schemes. Please refer to annexure on Page 42&43 for performance of schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR).
PERFORMANCE (as on 31st December 2018)
Regular Plan Direct Plan
Options Record Date
Dividend (` 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
OthersIndividuals/
HUFOthers
Dec 19, 2018 0.0442 0.0442 10.5147 10.4647 0.0442 0.0442 11.0436 10.9936
Dividend
Nov 19, 2018 0.0442 0.0442 10.5270 10.4770 0.0442 0.0442 11.0477 10.9977
Oct 21, 2018 0.0442 0.0442 10.5149 10.4649 0.0442 0.0442 11.0263 10.9763
Sep 25, 2018 0.0442 0.0442 10.4992 10.4492 0.0442 0.0442 11.0009 10.9509Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10. Dividends disclosed above are since the inception of the fund.
Entry Load : NAExit Load : 0.25% if redeemed / switched out within 7 days from the date of allotment/ Investment.
ENTRY & EXIT LOAD
@ Based on debt portfolio only. * For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio. #Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/ Repo/FD/Margin FD/MFU/SLB are not considered.
DIVIDENDS
36
Axis Bluechip Fund - Growth OptionSIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIPTotal Amount Invested 10,70,000 6,00,000 3,60,000 1,20,000
Market value as on December 31, 2018 19,61,117 8,12,201 4,39,479 1,23,157
Returns (Annualised) 13.14% 12.06% 13.39% 4.91%
Benchmark Returns (Annualised) 11.30% 10.67% 11.67% 2.97%
Additional Benchmark Returns (Annualised) 11.55% 11.09% 12.92% 4.75%
SIP PERFORMANCE OF SELECT SCHEMES (as on 31st December 2018)
The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would have grown if you had invested say Rs. 10,000 systematically on the first Business Day of every month over a period of time.
^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: Nifty 50. Additional Benchmak: S&P BSE Sensex. Inception Date: Jan 05, 2010. This scheme is managed by Shreyash Devalkar. Please refer to the Annexure for returns of all the schemes managed by them.
Axis Long Term Equity Fund - Growth Option
SIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIPTotal Amount Invested 10,80,000 6,00,000 3,60,000 1,20,000
Market value as on December 31, 2018 24,55,658 8,37,807 4,29,098 1,20,890
Returns (Annualised) 17.55% 13.32% 11.74% 1.38%
Benchmark Returns (Annualised) 12.09% 11.32% 11.16% 0.83%
Additional Benchmark Returns (Annualised) 11.26% 10.67% 11.67% 2.97%
^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: S&P BSE 200. Additional Benchmak: Nifty 50. Inception Date: Dec 29, 2009. This scheme is managed by Jinesh Gopani. Please refer to the Annexure for returns of all the schemes managed by him.
Axis Midcap Fund - Growth Option
SIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIPTotal Amount Invested 9,40,000 6,00,000 3,60,000 1,20,000
Market value as on December 31, 2018 19,48,671 8,53,795 4,43,555 1,23,610
Returns (Annualised) 18.12% 14.08% 14.04% 5.62%
Benchmark Returns (Annualised) 15.28% 12.78% 8.17% -6.12%
Additional Benchmark Returns (Annualised) 11.85% 10.67% 11.67% 2.97%
^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: S&P BSE Midcap. Additional Benchmak: Nifty 50. Inception Date: Feb 18, 2011. This scheme is managed by Shreyash Devalkar. Please refer to the Annexure for returns of all the schemes managed by him.
Axis Focused 25 Fund - Growth Option
SIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIP
Total Amount Invested 7,80,000 6,00,000 3,60,000 1,20,000
Market value as on December 31, 2018 12,84,884 8,55,220 4,40,393 1,19,518
Returns (Annualised) 15.15% 14.15% 13.54% -0.74%
Benchmark Returns (Annualised) 11.77% 10.67% 11.67% 2.97%
Additional Benchmark Returns (Annualised) 12.79% 11.32% 11.16% 0.83%
^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: Nifty 50. Additional Benchmak: S&P BSE 200. Inception Date: Jun 29, 2012. This scheme is managed by Jinesh Gopani. Please refer to the Annexure for returns of all the schemes managed by him.
Axis Equity Saver Fund - Growth Option
SIP Investments Since Inception SIP 3 Year SIP 1 Year SIPTotal Amount Invested 4,00,000 3,60,000 1,20,000
Market value as on December 31, 2018 4,52,134 4,02,195 1,22,702
Returns (Annualised) 7.30% 7.33% 4.20%
Benchmark Returns (Annualised) 8.12% 8.05% 5.23%
Additional Benchmark Returns (Annualised) 11.68% 11.67% 2.97%^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: NIFTY 50 Equity Savings Index. Additional Benchmak: Nifty 50. Inception Date: August 14, 2015. This scheme is managed by Anupam Tiwari & R. Sivakumar. Please refer to the Annexure for returns of all the schemes managed by them.
37
Axis Multicap Fund - Growth OptionSIP Investments Since Inception SIP 1 Year SIP
Total Amount Invested 1,40,000 1,20,000
Market value as on December 31, 2018 1,45,087 1,23,316
Returns (Annualised) 5.91% 5.16%
Benchmark Returns (Annualised) -0.82% -1.55%
Additional Benchmark Returns (Annualised) 3.95% 2.97%
SIP PERFORMANCE OF SELECT SCHEMES (as on 31st December 2018)
The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would have grown if you had invested say Rs. 10,000 systematically on the first Business Day of every month over a period of time.
^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: Nifty 500. Additional Benchmak: Nifty 50 Inception Date: Nov 20, 2017. This scheme is managed by Shreyash Devalkar. Please refer to the Annexure for returns of all the schemes managed by them.
Axis Small Cap Fund - Growth Option
SIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIPTotal Amount Invested 6,20,000 6,00,000 3,60,000 1,20,000
Market value as on December 31, 2018 8,68,151 8,15,167 4,04,359 1,18,128
Returns (Annualised) 12.99% 12.21% 7.69% -2.88%
Benchmark Returns (Annualised) 6.63% 5.83% -0.50% -22.93%
Additional Benchmark Returns (Annualised) 10.83% 10.67% 11.67% 2.97%
Axis Triple Advantage Fund - Growth OptionSIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIPTotal Amount Invested 10,00,000 6,00,000 3,60,000 1,20,000
Market value as on December 31, 2018 13,63,626 7,04,566 3,91,867 1,20,505
Returns (Annualised) 7.28% 6.36% 5.59% 0.78%
Benchmark Returns (Annualised) 9.80% 9.34% 9.69% 5.08%
Additional Benchmark Returns (Annualised) N/A 7.03% 5.63% 12.12%^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: NIFTY Composite Debt Index (20%), Nifty 50 (65%),Gold+15% Of INR Price of Gold. Additional Benchmak: NIFTY 10 yr Benchmark G-Sec. Inception Date: Aug 23, 2010. This scheme is managed by R. Sivakumar & Ashish Naik. Please refer to the Annexure for returns of all the schemes managed by them.
^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: NIFTY Small Cap 100. Additional Benchmak: NIFTY 50. Inception Date: Nov 29, 2013. This scheme is managed by Anupam Tiwari. Please refer to the Annexure for returns of all the schemes managed by them.
Axis Regular Saver Fund - Growth Option
SIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIPTotal Amount Invested 10,10,000 6,00,000 3,60,000 1,20,000
Market value as on December 31, 2018 14,28,516 7,13,146 3,93,717 1,22,346
Returns (Annualised) 8.05% 6.85% 5.90% 3.65%
Benchmark Returns (Annualised) 9.15% 8.46% 8.21% 6.69%
Additional Benchmark Returns (Annualised) N/A 7.03% 5.61% 12.05%
^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: NIFTY 50 Hybrid Short Duration Debt 25:75 Index.Additional Benchmak: NIFTY 10 yr Benchmark G-Sec. Inception Date: Jul 16, 2010. This scheme is managed by Devang Shah, Jinesh Gopani & Ashish Naik. Please refer to the Annexure for returns of all the schemes managed by them.
Axis Dynamic Equity Fund - Growth Option
SIP Investments Since Inception SIP 1 Year SIPTotal Amount Invested 1,70,000 1,20,000
Market value as on December 31, 2018 1,73,907 1,21,057
Returns (Annualised) 3.07% 1.64%
Benchmark Returns (Annualised) 6.17% 6.26%
Additional Benchmark Returns (Annualised) 5.15% 2.97%
^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index. Additional Benchmak: Nifty 50. Inception Date: August 1, 2017. This scheme is managed by Anupam Tiwari, R. Sivakumar & Ashwin Patni. Please refer to the Annexure for returns of all the schemes managed by them. SIP returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return).
NAV
38
Axis Liquid Fund
Axis Dynamic Bond Fund
Axis Banking & PSU Debt Fund
Axis Gilt Fund
Axis Treasury Advantage Fund
Axis Corporate Debt Fund
Axis Short Term Fund
Axis Strategic Bond Fund
Option NAV (`)Daily Dividend 1001.3998Growth 2028.1602Monthly Dividend 1001.9194Weekly Dividend 1002.0913Retail Daily Dividend 1000.9559Retail Growth 1917.3412Retail Monthly Dividend 1001.2591Retail Weekly Dividend 1000.6244Direct Bonus 2036.0669Direct plan - Daily Dividend 1000.9560Direct plan - Growth 2036.1815Direct plan - Monthly Dividend 1001.3322Direct plan - Weekly Dividend 1002.0913
Option NAV (`)Growth 18.4885Half Yearly Dividend 10.7107Quarterly Dividend 10.2876Direct Plan - Growth 19.7501Direct Plan - Half Yearly Dividend 11.5250Direct Plan - Quarterly Dividend 10.5665
Option NAV (`)Growth 14.2215Monthly Dividend 10.1068Weekly Dividend 10.1659Direct Growth 14.9675Direct Monthly Dividend 10.0522Direct Weekly Dividend 10.2461
Option NAV (`)Daily Dividend 1008.8880Growth 1693.3971Monthly Dividend 1009.9493Weekly Dividend 1007.9652Direct Plan - Daily Dividend option 1008.8881Direct Plan - Growth option 1713.5774Direct Plan - Monthly Dividend option 1009.9860Direct Plan - Weekly Dividend option 1007.9656
Option NAV (`)Growth 15.7042Half Yearly Dividend 10.7470Regular Dividend 10.1368Direct Plan - Growth option 16.1992Direct Plan - Half Yearly Dividend 10.7629Direct Plan - Regular Dividend 10.1380
Option NAV (`)Daily Dividend 1006.2334Growth 2039.8239Monthly Dividend 1006.7976Weekly Dividend 1006.0042Retail Daily Dividend 1005.4758Retail Growth 1908.8826Retail Monthly Dividend 1006.7944Retail Weekly Dividend 1004.6028Direct Plan - Daily Dividend option 1007.2893Direct Plan - Growth option 2094.6635Direct Plan - Monthly Dividend option 1006.8626Direct Plan - Weekly Dividend option 1004.6037
Option NAV (`)Regular Plan Regular Dividend 11.1038Regular Plan Daily Dividend 10.0727Regular Plan Growth 11.1033Regular Plan Monthly Dividend 10.0600Regular Plan Weekly Dividend 10.0500Direct Plan Regular Dividend 11.2435Direct Plan Daily Dividend 10.0793Direct Plan Growth 11.2462Direct Plan Monthly Dividend 10.0610Direct Plan Weekly Dividend 10.0500
Option NAV (`)Bonus 19.8388Growth 19.7259Monthly Dividend 10.1663Weekly Dividend 10.2451Regular Dividend 13.1962Retail Growth 19.5033Retail Monthly Dividend 10.0314Retail Weekly Dividend 10.1535Direct Plan - Regular Dividend 12.5916Direct Plan - Growth 20.6643Direct Plan - Monthly Dividend 10.0336Direct Plan - Weekly Dividend 10.2449
Option NAV (`)Growth 17.7427Half Yearly Dividend 10.6957Quarterly Dividend 10.1740Direct Plan - Growth 18.6543Direct Plan - Half Yearly Dividend 11.0573Direct Plan - Quarterly Dividend 10.7324
Option NAV (`)Dividend 15.84Growth 27.03Direct Plan - Dividend 17.19Direct Plan - Growth 28.99
Option NAV (`)Dividend 22.3743Growth 42.8968Direct Plan - Dividend 37.4975Direct Plan - Growth 45.9487
Option NAV (`)Dividend 18.69Growth 26.82Direct Plan - Dividend 28.45Direct Plan - Growth 28.82
Option NAV (`)Dividend 10.88Growth 10.88Direct Dividend 11.08Direct Growth 11.08
Option NAV (`)Dividend 25.27Growth 35.67Direct Plan - Dividend 30.40Direct Plan - Growth 38.28
Option NAV (`)Dividend 10.4820Growth 13.1846Direct Dividend 11.0141Direct Growth 13.6726
Axis Bluechip Fund
Axis Long Term Equity Fund
Axis Focused 25 Fund
Axis Multicap Fund
Axis Midcap Fund
Axis Arbitrage Fund
Equity Funds (as on 31st December 2018)
Debt Funds (as on 31st December 2018)
Option NAV (`)Regular Plan Regular Dividend 10.2489Regular Plan Daily Dividend 10.0200Regular Plan Growth 10.2490Regular Plan Monthly Dividend 10.0378Regular Plan Weekly Dividend 10.0500Direct Plan Regular Dividend 10.2744Direct Plan Daily Dividend 10.0200Direct Plan Growth 10.2740Direct Plan Monthly Dividend 10.0451Direct Plan Weekly Dividend 10.0500
Axis Ultra Short Term Fund
Axis Credit Risk Fund
Option NAV (`)Dividend 22.12Growth 26.89Direct Dividend 23.55Direct Growth 28.45
Axis Small Cap Fund
Option NAV (`)Dividend 10.19Growth 10.19Direct Dividend 10.22Direct Growth 10.22
Axis Growth Opportunities Fund
NAV
39
Option NAV (`)Regular Regular Dividend 9.83Regular Growth 9.83Regular Monthly Dividend 9.83Regular Quarterly Dividend 9.83Direct Regular Dividend 9.90Direct Growth 9.90Direct Monthly Dividend 9.90Direct Quarterly Dividend 9.90
Axis Equity Hybrid Fund
Axis Equity Saver Fund Axis Regular Saver Fund
Option NAV (`)Regular Dividend 12.05Growth 12.41Monthly Dividend 10.58Quarterly Dividend 10.60Direct Regular Dividend 12.00Direct Growth 12.92Direct Monthly Dividend 10.99Direct Quarterly Dividend 11.04
Axis Children’s Gift Fund
Option NAV (`)Direct Plan - No Lock-In - Dividend 13.3342Direct Plan - No Lock-In - Growth 13.4503No Lock-In - Dividend 12.7024No Lock-In - Growth 12.6973Compulsory Lock-In - Dividend 12.7052Compulsory Lock-In - Growth 12.6985Dir Plan - Comp Lock-In - Dividend 13.3342Dir Plan - Comp Lock-In - Growth 13.3414
Axis Dynamic Equity Fund
Option NAV (`)Dividend 10.70Growth 10.70Direct Dividend 10.96Direct Growth 10.96
Option NAV (`)Growth Option 19.0863Dividend Option - Half Yearly 10.8375Dividend Option - Quarterly 10.5627Dividend Option - Annual 11.8601Direct Plan - Growth option 20.6626Direct Plan - Half Yearly Dividend option 11.6143Direct Plan - Quarterly Dividend option 13.3017Direct Plan - Annual Dividend option 12.6355
Axis Triple Advantage Fund
Option NAV (`)Dividend 15.2053Growth 18.6429Direct Plan - Dividend 17.1021Direct Plan - Growth 19.8690
Hybrid Funds (as on 31st December 2018)
Fund Name Minimum Investment Amount (`)
Additional Purchase Amount (`)
Minimum SIP Amount / in Multipules of (`)
Minimum Installments
Axis Bluechip Fund 5,000/1 100/1 1,000/1 12
Axis Focused 25 Fund 5,000/1 100/1 1,000/1 12
Axis Long Term Equity Fund 500/500 500/500 500/500 06
Axis Midcap Fund 5,000/1 100/1 1,000/1 12
Axis Multicap Fund 5,000/1 100/1 1,000/1 12
Axis Small Cap Fund 5,000/1 100/1 1,000/1 12
Axis Growth Opportunities Fund 5,000/1 100/1 1,000/1 12
Axis Equity Saver Fund 5,000/1 100/1 1,000/1 12
Axis Triple Advantage Fund 5,000/1 100/1 1,000/1 12
Axis Regular Saver Fund 5,000/1 100/1 1,000/1 12
Axis Gilt Fund£ 5,000/1 100/1 1,000/1 12
Axis Dynamic Bond Fund 5,000/1 100/1 1,000/1 12
Axis Corporate Debt Fund 5,000/1 100/1 1,000/1 12
Axis Strategic Bond Fund 5,000/1 100/1 1,000/1 12
Axis Credit Risk Fund£ 5,000/1 100/1 1,000/1 12
Axis Short Term Fund 5,000/1 1,000/1 1,000/1 12
Axis Banking & PSU Debt Fund 5,000/1 1,000/1 1,000/1 12
Axis Treasury Advantage Fund 5,000/1 1,000/1 1,000/1 12
Axis Ultra Short Term Fund 5,000/1 100/1 1,000/1 12
Axis Liquid Fund Growth Option: `500 and in
multiples of ` 1/- there-after
All other Options:` 5,000 and in
multiples of `1/- thereaf-ter
Growth Option: ` 500 and in
multiples of ` 1/- thereafter All other
Options: ` 1,000 and in multiples of ` 1/-
thereafter
- -
Axis Arbitrage Fund 5,000/1 100/1 1,000/1 12
Axis Children’s Gift Fund 5,000/1 100/1 1,000/1 12
Axis Dynamic Equity Fund 5,000/1 100/1 1,000/1 12
Axis Equity Hybrid Fund 5,000/1 100/1 1,000/1 12
MINIMUM INVESTMENT AMOUNT DETAILS
Please refer to the website for current load structure. For complete information refer Key Information Memorandum (KIM) or Scheme Information Doucment (SID).
40
1 Year 3 Years 5 Years Since Inception
Date of inception CAGR (%) CurrentValue of
Investmentof ` 10,000
CAGR (%) CurrentValue of
Investmentof ` 10,000
CAGR (%)
CurrentValue of
Investmentof ` 10,000
CAGR (%) Current
Value Of
Investment
Of ` 10,000
Was Invested On
Inception Date
FUNDS MANAGED BY SHREYASH DEVALKAR (TOTAL SCHEMES MANAGED : 5 SCHEMES)Axis Bluechip Fund - Growth
05-Jan-106.51% 10,651 12.32% 14,174 14.53% 19,716 11.69% 27,030
Nifty 50 (Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 9.69% 22,967S&P BSE Sensex (Additional Benchmark) 7.18% 10,718 12.84% 14,374 12.79% 18,258 9.83% 23,240Axis Bluechip Fund - Direct Plan - Growth
01-Jan-138.01% 10,801 13.71% 14,708 15.91% 20,931 15.55% 23,801
Nifty 50 (Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 11.94% 19,670S&P BSE Sensex (Additional Benchmark) 7.18% 10,718 12.84% 14,374 12.79% 18,258 12.30% 20,053Axis Midcap Fund - Growth
18-Feb-113.49% 10,349 12.49% 14,240 20.44% 25,352 17.54% 35,670
S&P BSE Midcap (Benchmark) -12.47% 8,753 12.73% 14,329 19.56% 24,443 12.78% 25,778Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 10.51% 21,957Axis Midcap Fund - Direct Plan - Growth
01-Jan-134.59% 10,459 13.78% 14,734 21.96% 26,996 18.69% 27,962
S&P BSE Midcap (Benchmark) -12.47% 8,753 12.73% 14,329 19.56% 24,443 15.04% 23,182Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 11.94% 19,670Axis Multicap Fund - Growth@
20-Nov-177.05% 10,705 NA NA NA NA 7.88% 10,880
Nifty 500 (Benchmark) -2.12% 9,788 NA NA NA NA 1.24% 10,138Nifty 50 (Additional Benchmark) 4.61% 10,461 NA NA NA NA 6.27% 10,700Axis Multicap Fund - Direct Plan - Growth@
20-Nov-178.79% 10,879 NA NA NA NA 9.66% 11,080
Nifty 500 (Benchmark) -2.12% 9,788 NA NA NA NA 1.24% 10,138Nifty 50 (Additional Benchmark) 4.61% 10,461 NA NA NA NA 6.27% 10,700Axis Equity Advantage Fund - Series 1 - Growth@
25-May-172.73% 10,273 NA NA NA NA 7.57% 11,240
75% Nifty 50 + 25% Crisil Composite Bond Fund Index (Benchmark) 5.09% 10,509 NA NA NA NA 9.16% 11,508Nifty 50 (Additional-l Benchmark) 4.61% 10,461 NA NA NA NA 10.29% 11,699Axis Equity Advantage Fund - Series 1 - Direct Plan - Growth@
25-May-174.32% 10,432 NA NA NA NA 9.35% 11,540
75% Nifty 50 + 25% Crisil Composite Bond Fund Index (Benchmark) 5.09% 10,509 NA NA NA NA 9.16% 11,508Nifty 50 (Additional-l Benchmark) 4.61% 10,461 NA NA NA NA 10.29% 11,699Axis Equity Advantage Fund - Series 2 - Growth@
03-Aug-175.05% 10,505 NA NA NA NA 5.33% 10,760
75% Nifty 50+ 25% Crisil Composite Bond Fund Index (s2) (Benchmark) 5.09% 10,509 NA NA NA NA 6.52% 10,933Nifty 50 (Additional-l Benchmark) 4.61% 10,461 NA NA NA NA 7.22% 11,033Axis Equity Advantage Fund - Series 2 - Direct Plan - Growth@
03-Aug-177.03% 10,703 NA NA NA NA 7.33% 11,050
75% Nifty 50+ 25% Crisil Composite Bond Fund Index (s2) (Benchmark) 5.09% 10,509 NA NA NA NA 6.52% 10,933Nifty 50 (Additional-l Benchmark) 4.61% 10,461 NA NA NA NA 7.22% 11,033
FUNDS MANAGED BY JINESH GOPANI (TOTAL SCHEMES MANAGED : 5 SCHEMES)Axis Long Term Equity Fund - Growth*
29-Dec-092.65% 10,265 11.89% 14,013 19.95% 24,847 17.54% 42,897
S&P BSE 200 (Benchmark) 0.81% 10,081 12.75% 14,338 14.48% 19,671 10.35% 24,298Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 9.88% 23,366Axis Long Term Equity Fund - Direct Plan - Growth*
01-Jan-133.71% 10,371 13.11% 14,475 21.38% 26,365 20.63% 30,807
S&P BSE 200 (Benchmark) 0.81% 10,081 12.75% 14,338 14.48% 19,671 12.87% 20,676Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 11.94% 19,670Axis Focused 25 Fund - Growth
29-Jun-120.63% 10,063 15.15% 15,273 17.09% 22,020 16.36% 26,820
Nifty 50 (Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 13.10% 22,285S&P BSE 200 (Additional Benchmark) 0.81% 10,081 12.75% 14,338 14.48% 19,671 14.27% 23,831Axis Focused 25 Fund - Direct Plan - Growth
01-Jan-131.83% 10,183 16.52% 15,826 18.54% 23,412 16.28% 24,717
Nifty 50 (Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 11.94% 19,670S&P BSE 200 (Additional Benchmark) 0.81% 10,081 12.75% 14,338 14.48% 19,671 12.87% 20,676Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Growth@
29-Dec -16-3.94% 9,606 NA NA NA NA 10.02% 12,110
S&P BSE Midcap (Benchmark) -12.47% 8,753 NA NA NA NA 15.07% 13,251Nifty 50 (Additional Benchmark) 4.61% 10,461 NA NA NA NA 17.29% 13,769Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Direct Plan- Growth@
29-Dec -16
-2.48% 9,752 NA NA NA NA 11.77% 12,500
S&P BSE Midcap (Benchmark) -12.47% 8,753 NA NA NA NA 15.07% 13,251Nifty 50 (Additional Benchmark) 4.61% 10,461 NA NA NA NA 17.29% 13,769Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Growth@
29-Dec -16-3.36% 9,664 NA NA NA NA 9.10% 11,740
S&P BSE Midcap (Benchmark) -12.47% 8,753 NA NA NA NA 8.61% 11,642Nifty 50 (Additional Benchmark) 4.61% 10,461 NA NA NA NA 13.04% 12,531Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Direct Plan- Growth@
29-Dec -16
-1.86% 9,814 NA NA NA NA 10.81% 12,080
S&P BSE Midcap (Benchmark) -12.47% 8,753 NA NA NA NA 8.61% 11,642Nifty 50 (Additional Benchmark) 4.61% 10,461 NA NA NA NA 13.04% 12,531
FUNDS MANAGED BY R.SIVAKUMAR (TOTAL SCHEMES MANAGED : 7 SCHEMES)Axis Equity Saver Fund - Growth@
14-Aug-155.14% 10,514 7.28% 12,348 NA NA 6.59% 12,410
NIFTY 50 Equity Savings Index (Benchmark) 5.47% 10,547 8.65% 12,828 NA NA 7.46% 12,756Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 NA NA 8.80% 13,303Axis Equity Saver Fund - Direct Plan - Growth@
14-Aug-156.30% 10,630 8.55% 12,792 NA NA 7.87% 12,920
NIFTY 50 Equity Savings Index (Benchmark) 5.47% 10,547 8.65% 12,828 NA NA 7.46% 12,756Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 NA NA 8.80% 13,303Axis Triple Advantage Fund - Growth
23-Aug-101.86% 10,186 8.14% 12,649 8.07% 14,744 7.73% 18,643
NIFTY Composite Debt Index (20%), Nifty 50 (65%),Gold (15%) (Benchmark) 5.59% 10,559 11.14% 13,731 11.02% 16,871 9.20% 20,868NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.08% 10,608 6.98% 12,247 8.52% 15,053 NA NAAxis Triple Advantage Fund - Direct Plan Growth
01-Jan-132.87% 10,287 9.34% 13,076 9.29% 15,594 7.76% 15,660
NIFTY Composite Debt Index (20%), Nifty 50 (65%),Gold (15%) (Benchmark) 5.59% 10,559 11.14% 13,731 11.02% 16,871 9.65% 17,382NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.08% 10,608 6.98% 12,247 8.52% 15,053 6.84% 14,877Axis Dynamic Bond Fund - Growth
27-Apr-116.18% 10,618 7.58% 12,453 8.68% 15,162 8.33% 18,489
NIFTY Composite Debt Index (Benchmark) 5.73% 10,573 7.40% 12,390 8.82% 15,263 8.24% 18,381NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.08% 10,608 6.98% 12,247 8.52% 15,053 7.11% 16,951Axis Dynamic Bond Fund - Direct Plan - Growth
01-Jan-137.11% 10,711 8.55% 12,792 9.87% 16,014 9.19% 16,947
NIFTY Composite Debt Index (Benchmark) 5.73% 10,573 7.40% 12,390 8.82% 15,263 7.99% 15,860NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.08% 10,608 6.98% 12,247 8.52% 15,053 6.84% 14,877Axis Dynamic Equity Fund - Growth
1-Aug-172.67% 10,267 NA NA NA NA 4.89% 10,700
NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 5.46% 10,546 NA NA NA NA 5.53% 10,792Nifty 50 (Additional Benchmark) 4.61% 10,461 NA NA NA NA 6.44% 10,925Axis Dynamic Equity Fund - Direct Plan - Growth
1-Aug-174.46% 10,446 NA NA NA NA 6.69% 10,960
NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 5.46% 10,546 NA NA NA NA 5.53% 10,792Nifty 50 (Additional Benchmark) 4.61% 10,461 NA NA NA NA 6.44% 10,925Axis Capital Protection Oriented Fund - Series 5 #
02-Nov-121.92% 10,192 6.68% 12,143 7.52% 14,373 7.53% 15,641
Crisil Hybrid 85+15 - Conservative Index (Benchmark) 5.28% 10,528 8.65% 12,827 10.13% 16,208 9.25% 17,247NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 7.70% 14,494 7.59% 15,699Axis Childrens Gift Fund - Compulsory Lock-in - Regular Plan - Growth@
08-Dec-150.19% 10,019 7.81% 12,534 NA NA 8.10% 12,699
NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 5.26% 10,526 10.92% 13,649 NA NA 11.45% 13,942
Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 NA NA 13.34% 14,682Axis Childrens Gift Fund - Compulsory Lock-in - Direct Plan - Growth@
08-Dec-151.78% 10,178 9.56% 13,156 NA NA 9.86% 13,341
NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 5.26% 10,526 10.92% 13,649 NA NA 11.45% 13,942Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 NA NA 13.34% 14,682Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth@
08-Dec-150.19% 10,019 7.81% 12,532 NA NA 8.10% 12,697
NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 5.26% 10,526 10.92% 13,649 NA NA 11.45% 13,942Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 NA NA 13.34% 14,682Axis Childrens Gift Fund - No Lock-in - Direct Plan - Growth@
08-Dec-151.88% 10,188 9.84% 13,257 NA NA 10.15% 13,450
NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 5.26% 10,526 10.92% 13,649 NA NA 11.45% 13,942Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 NA NA 13.34% 14,682
FUNDS MANAGED BY ASHISH NAIK (TOTAL SCHEMES MANAGED : 6 SCHEMES)Axis Triple Advantage Fund - Growth
23-Aug-101.86% 10,186 8.14% 12,649 8.07% 14,744 7.73% 18,643
NIFTY Composite Debt Index (20%), Nifty 50 (65%),Gold (15%) (Benchmark) 5.59% 10,559 11.14% 13,731 11.02% 16,871 9.20% 20,868NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.08% 10,608 6.98% 12,247 8.52% 15,053 NA NAAxis Triple Advantage Fund - Direct Plan Growth
01-Jan-132.87% 10,287 9.34% 13,076 9.29% 15,594 7.76% 15,660
NIFTY Composite Debt Index (20%), Nifty 50 (65%),Gold (15%) (Benchmark) 5.59% 10,559 11.14% 13,731 11.02% 16,871 9.65% 17,382NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.08% 10,608 6.98% 12,247 8.52% 15,053 6.84% 14,877Axis Regular Saver Fund£ - Growth #
16-Jul-103.18% 10,318 6.42% 12,053 9.09% 15,457 7.93% 19,086
NIFTY 50 Hybrid Short Duration Debt 25:75 Index (Benchmark) 6.34% 10,634 8.86% 12,902 9.57% 15,795 8.94% 20,653NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.08% 10,608 6.98% 12,247 8.52% 15,053 NA NA
ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 31st December 2018)
41
1 Year 3 Years 5 Years Since Inception
Date of inception CAGR (%) CurrentValue of
Investmentof ` 10,000
CAGR (%) CurrentValue of
Investmentof ` 10,000
CAGR (%)
CurrentValue of
Investmentof ` 10,000
CAGR (%) Current
Value Of
Investment
Of ` 10,000
Was Invested On
Inception DateAxis Regular Saver Fund£ - Direct Plan - Growth #
04-Jan-134.34% 10,434 7.82% 12,538 10.67% 16,604 9.84% 17,553
NIFTY50 Hybrid Short Duration Debt 25:75 Index (Benchmark) 6.34% 10,634 8.86% 12,902 9.57% 15,795 9.24% 16,978NIFTY 10 yr Benchmark G-Sec (Additional Benchmark) 6.08% 10,608 6.98% 12,247 8.52% 15,053 6.77% 14,806Axis Childrens Gift Fund - Compulsory Lock-in - Regular Plan - Growth@
08-Dec-150.19% 10,019 7.81% 12,534 NA NA 8.10% 12,699
NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 5.26% 10,526 10.92% 13,649 NA NA 11.45% 13,942Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 NA NA 13.34% 14,682Axis Childrens Gift Fund - Compulsory Lock-in - Direct Plan - Growth@
08-Dec-151.78% 10,178 9.56% 13,156 NA NA 9.86% 13,341
NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 5.26% 10,526 10.92% 13,649 NA NA 11.45% 13,942Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 NA NA 13.34% 14,682Axis Childrens Gift Fund - No Lock-in - Regular Plan - Growth@
08-Dec-150.19% 10,019 7.81% 12,532 NA NA 8.10% 12,697
NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 5.26% 10,526 10.92% 13,649 NA NA 11.45% 13,942Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 NA NA 13.34% 14,682Axis Childrens Gift Fund - No Lock-in - Direct Plan - Growth@
08-Dec-151.88% 10,188 9.84% 13,257 NA NA 10.15% 13,450
NIFTY 50 Hybrid Composite Debt 65:35 Index (Benchmark) 5.26% 10,526 10.92% 13,649 NA NA 11.45% 13,942Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 NA NA 13.34% 14,682Axis Nifty ETF
03-Jul-174.58% 10,458 NA NA NA NA 10.63% 11,631
Nifty 50 (Benchmark) 4.61% 10,461 NA NA NA NA 9.94% 11,523FUNDS MANAGED BY ADITYA PAGARIA (TOTAL SCHEMES MANAGED : 5 SCHEMES)
Axis Liquid Fund - Growth09-Oct-09
7.45% 10,745 7.26% 12,343 7.84% 14,590 7.96% 20,282NIFTY Liquid Index (Benchmark) 7.36% 10,736 7.06% 12,274 7.68% 14,481 7.90% 20,179NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.50% 10,750 7.14% 12,302 7.70% 14,494 6.88% 18,490Axis Liquid Fund - Direct Plan - Growth
31-Dec-127.51% 10,751 7.33% 12,368 7.91% 14,638 8.14% 15,996
NIFTY Liquid Index (Benchmark) 7.36% 10,736 7.06% 12,274 7.68% 14,481 7.95% 15,826NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.50% 10,750 7.14% 12,302 7.70% 14,494 7.57% 15,500Axis Liquid Fund - Retail Plan - Growth
01-Mar-106.84% 10,684 6.67% 12,141 7.27% 14,206 7.64% 19,173
NIFTY Liquid Index (Benchmark) 7.36% 10,736 7.06% 12,274 7.68% 14,481 8.10% 19,909NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.50% 10,750 7.14% 12,302 7.70% 14,494 7.02% 18,223Axis Treasury Advantage Fund - Growth
09-Oct-097.25% 10,725 7.34% 12,369 7.85% 14,595 8.03% 20,398
NIFTY Low Duration Debt Index (Benchmark) 7.30% 10,730 7.47% 12,414 8.09% 14,756 8.24% 20,776NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 7.70% 14,494 6.88% 18,490Axis Treasury Advantage Fund - Direct Plan - Growth
01-Jan-137.81% 10,781 7.88% 12,559 8.36% 14,945 8.59% 16,393
NIFTY Low Duration Debt Index (Benchmark) 7.30% 10,730 7.47% 12,414 8.09% 14,756 8.19% 16,038NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 7.70% 14,494 7.57% 15,494Axis Treasury Advantage Fund - Retail Plan - Growth
03-Mar-107.13% 10,713 6.89% 12,215 7.30% 14,224 7.59% 19,089
NIFTY Low Duration Debt Index (Benchmark) 7.30% 10,730 7.47% 12,414 8.09% 14,756 8.36% 20,322NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 7.70% 14,494 7.03% 18,220Axis Banking & PSU Debt Fund - Growth
08-Jun-127.52% 10,752 7.70% 12,494 8.17% 14,813 8.35% 16,934
NIFTY Banking & PSU Debt Index (Benchmark) 5.36% 10,536 7.00% 12,253 8.22% 14,848 8.23% 16,809NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 7.70% 14,494 7.56% 16,143Axis Banking & PSU Debt Fund - Direct Plan - Growth
01-Jan-137.83% 10,783 7.93% 12,574 8.39% 14,963 8.46% 16,276
NIFTY Banking & PSU Debt Index (Benchmark) 5.36% 10,536 7.00% 12,253 8.22% 14,848 7.99% 15,859NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 7.70% 14,494 7.57% 15,494
FUNDS MANAGED BY ANUPAM TIWARI (TOTAL SCHEMES MANAGED : 7 SCHEMES) Axis Equity Saver Fund - Growth@
14-Aug-155.14% 10,514 7.28% 12,348 NA NA 6.59% 12,410
NIFTY50 Equity Savings Index (Benchmark) 5.47% 10,547 8.65% 12,828 NA NA 7.46% 12,756Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 NA NA 8.80% 13,303Axis Equity Saver Fund - Direct Plan - Growth @
14-Aug-156.30% 10,630 8.55% 12,792 NA NA 7.87% 12,920
NIFTY50 Equity Savings Index (Benchmark) 5.47% 10,547 8.65% 12,828 NA NA 7.46% 12,756Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 NA NA 8.80% 13,303Axis Small Cap Fund - Growth@@
29-Nov-13-8.89% 9,111 9.40% 13,098 21.50% 26,493 21.45% 26,890
Nifty Smallcap 100 (Benchmark) -28.23% 7,177 5.49% 11,741 14.81% 19,960 16.06% 21,339Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 13.12% 18,729Axis Small Cap Fund - Direct Plan - Growth@@
29-Nov-13-7.89% 9,211 10.61% 13,535 22.85% 28,002 22.80% 28,450
Nifty Smallcap 100 (Benchmark) -28.23% 7,177 5.49% 11,741 14.81% 19,960 16.06% 21,339Nifty 50 (Additional Benchmark) 4.61% 10,461 12.47% 14,230 12.89% 18,342 13.12% 18,729Axis Dynamic Equity Fund - Growth
1-Aug-172.67% 10,267 NA NA NA NA 4.89% 10,700
NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 5.46% 10,546 NA NA NA NA 5.53% 10,792Nifty 50 (Additional Benchmark) 4.61% 10,461 NA NA NA NA 6.44% 10,925Axis Dynamic Equity Fund - Direct Plan - Growth
1-Aug-174.46% 10,446 NA NA NA NA 6.69% 10,960
NIFTY 50 Hybrid Composite Debt 50:50 Index (Benchmark) 5.46% 10,546 NA NA NA NA 5.53% 10,792Nifty 50 (Additional Benchmark) 4.61% 10,461 NA NA NA NA 6.44% 10,925Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Growth@
29-Dec-16-3.94% 9,606 NA NA NA NA 10.02% 12,110
S&P BSE MidCap (Benchmark) -12.47% 8,753 NA NA NA NA 15.07% 13,251Nifty 50 (Additional-l Benchmark) 4.61% 10,461 NA NA NA NA 17.29% 13,769Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Direct Plan - Growth@
29-Dec-16
-2.48% 9,752 NA NA NA NA 11.77% 12,500
S&P BSE MidCap (Benchmark) -12.47% 8,753 NA NA NA NA 15.07% 13,251Nifty 50 (Additional-l Benchmark) 4.61% 10,461 NA NA NA NA 17.29% 13,769Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Growth@
27-Feb-17-3.36% 9,664 NA NA NA NA 9.10% 11,740
S&P BSE MidCap (Benchmark) -12.47% 8,753 NA NA NA NA 8.61% 11,642Nifty 50 (Additional-l Benchmark) 4.61% 10,461 NA NA NA NA 13.04% 12,531Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Direct Plan@ - Growth
27-Feb-17
-1.86% 9,814 NA NA NA NA 10.81% 12,080
S&P BSE MidCap (Benchmark) -12.47% 8,753 NA NA NA NA 8.61% 11,642Nifty 50 (Additional-l Benchmark) 4.61% 10,461 NA NA NA NA 13.04% 12,531
TOP 3 FUNDS MANAGED BY ASHWIN PATNI (TOTAL SCHEMES MANAGED : 18 SCHEMES) Axis Arbitrage Fund - Growth
14-Aug-146.08% 10,608 6.09% 11,943 NA NA 6.51% 13,185
Nifty 50 Arbitrage Index (Benchmark) 4.43% 10,443 5.11% 11,613 NA NA 5.94% 12,878NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 NA NA 7.58% 13,773Axis Arbitrage Fund - Direct Plan - Growth
14-Aug-146.94% 10,694 6.96% 12,239 NA NA 7.40% 13,673
Nifty 50 Arbitrage Index (Benchmark) 4.43% 10,443 5.11% 11,613 NA NA 5.94% 12,878NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 NA NA 7.58% 13,773Axis Hybrid Fund - Series 25 - Growth
25-Aug-154.02% 10,402 7.04% 12,266 NA NA 5.54% 11,981
CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 5.28% 10,528 8.65% 12,827 NA NA 8.64% 13,205NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 NA NA 7.23% 12,636Axis Hybrid Fund - Series 25 - Direct Plan - Growth
25-Aug-155.45% 10,545 8.46% 12,761 NA NA 6.91% 12,512
CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 5.28% 10,528 8.65% 12,827 NA NA 8.64% 13,205NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 NA NA 7.23% 12,636Axis Hybrid Fund - Series 6 - Growth
16-Aug-133.16% 10,316 2.81% 10,866 4.99% 12,759 5.75% 13,508
CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 5.28% 10,528 8.65% 12,827 10.13% 16,208 10.67% 17,247NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 7.70% 14,494 7.96% 15,094Axis Hybrid Fund - Series 6 - Direct Plan - Growth
16-Aug-134.26% 10,426 3.84% 11,198 6.03% 13,402 6.80% 14,242
CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 5.28% 10,528 8.65% 12,827 10.13% 16,208 10.67% 17,247NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 7.70% 14,494 7.96% 15,094
BOTTOM 3 FUNDS MANAGED BY ASHWIN PATNI (TOTAL SCHEMES MANAGED : 18 SCHEMES) Axis Capital Protection Oriented Fund - Series 5 - (42M) - Growth
02-Nov-121.92% 10,192 6.68% 12,143 7.52% 14,373 7.53% 15,641
CRISIL Hybrid 85+15 - Conservative Index (Benchmark) 5.28% 10,528 8.65% 12,827 10.13% 16,208 9.25% 17,247NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 7.70% 14,494 7.59% 15,699Axis Hybrid Fund - Series 33 - Growth
09-Sep-161.73% 10,173 NA NA NA NA 5.29% 11,263
Crisil Composite Bond Fund Index (80%) and Nifty 50 (20%) (Benchmark) 5.78% 10,578 NA NA NA NA 7.09% 11,714NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 NA NA NA NA 6.95% 11,678Axis Hybrid Fund - Series 33 - Direct Plan - Growth
09-Sep-163.25% 10,325 NA NA NA NA 6.95% 11,680
Crisil Composite Bond Fund Index (80%) and Nifty 50 (Benchmark) 5.78% 10,578 NA NA NA NA 7.09% 11,714NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 NA NA NA NA 6.95% 11,678Axis Hybrid Fund - Series 26 - Growth
10-Sep-151.65% 10,165 7.02% 12,259 NA NA 5.89% 12,086
Crisil Composite Bond Fund Index (85%) and Nifty 50 (Benchmark) 5.82% 10,582 8.59% 12,807 NA NA 8.62% 13,147NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 NA NA 7.22% 12,595Axis Hybrid Fund - Series 26 - Direct Plan - Growth
10-Sep-153.04% 10,304 8.44% 12,754 NA NA 7.27% 12,616
Crisil Composite Bond Fund Index (85%) and Nifty 50 (Benchmark) 5.82% 10,582 8.59% 12,807 NA NA 8.62% 13,147NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 NA NA 7.22% 12,595
ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 31st December 2018)
42
43
Total Expense Ratio**Scheme - Regular Plan / Retail Plan / Direct Plan : Axis Liquid Fund : 0.16% / 0.65% / 0.11%, Axis Treasury Advantage Fund : 0.70% / 0.70% / 0.25%, Axis Banking & PSU Debt Fund : 0.54% / 0.29%, Axis Short Term Fund : 0.88% / 0.88%/ 0.28%, Axis Dynamic Bond Fund : 1.38% / 0.62%, Axis Gilt Fund : 0.67% / 0.22%, Axis Strategic Bond Fund : 1.05% / 0.41%, Axis Credit Risk Fund : 1.63% / 0.58%, Axis Arbitrage Fund : 0.98% / 0.28%, Axis Corporate Debt Fund : 1.03% / 0.28%, Axis Regular Saver* : 2.44% / 1.35%, Axis Long Term Equity Fund*: 2.08% / 0.95%, Axis Focused 25 Fund* : 2.22% / 0.76%, Axis Bluechip Fund* : 2.29% / 0.89%, Axis Triple Advantage Fund* : 2.36% / 1.20%, Axis Midcap Fund*: 2.40% / 1.00%, Axis Equity Saver Fund* : 2.68% / 1.69%, Axis Children’s Gift Fund* : 2.51% / 0.94%, Axis Dynamic Equity Fund* : 2.31% / 0.66%, Axis Multi Cap Fund* : 2.27% / 0.61%, Axis Equity Hybrid Fund* : 2.27% / 0.58%, Axis Ultra Short Term Fund : 1.03% / 0.28%, Axis Growth Opportunities Fund* : 2.58% / 0.62% , Axis Small Cap Fund* : 2.67%, 1.58%
*The rates mentioned above are inclusive of a proportionate charge in respect sales beyond T-30 cities subject to maximum of 30 bps on daily net assets has been charged in these schemes.1. Total Expenses Ratio is inclusive of GST2. **Total Expenses Ratio is of last day of the month
Past performance may or may not be sustained in the future. Calculations are based on Growth Option NAV. Since inception returns are calculated on Rs.1,000/- invested at inception for Axis Liquid Fund, Axis Treasury Advantage Fund and Axis Banking & PSU Debt Fund, on Rs. 2,026.8434/- invested at inception for Axis Gold ETF and on Rs. 10/- invested at inception for all other schemes. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above.
The above data excludes performance of Fixed Maturity Plans and all the schemes which have not completed a year. Jinesh Gopani is managing Axis Long Term Equity Fund since 1st April 2011, Axis Focused 25 Fund since 7th June 2016 and Axis Emerging Opportunites Fund Series 1 and Series 2 since inception, Axis Growth Opportunities Fund since inception. Shreyash Devalkar is managing Axis Bluechip Fund, Axis Midcap Fund since 23rd November 2016, Axis Equity Advantage Fund - Series 1 and Axis Equity Advantage Fund - Series 2 since inception and Axis Multicap Fund since 20th November 2017.
Anupam Tiwari is managing Axis Equity Saver Fund and Axis Small Cap Fund since 6th October, 2016, Axis Emerging Opportunities Fund - Series 1 since 29th December 2016, Axis Emerging Opportunities Fund - Series 2 since 17th Feb 2017, Axis Dynamic Equity Fund since inception, Axis Capital Builder Fund - Series 1 since 8th March 2018, Axis Capital Builder Fund - Series 4 since 21st December 2018
Ashwin Patni is managing Axis Arbitrage Fund, Axis Capital Protection Oriented Fund – Series 5 and all Axis Hybrid Funds since 27th April, 2015 (since inception date for Axis Hybrid Funds launched after 27th April, 2015) and Axis Equity Advantage Fund - Series 1 since 25th May, 2017, Axis Equity Advantage Fund - Series 2 since inception, Axis Dynamic Equity Fund since inception.
Devang Shah is managing Axis Liquid Fund, Axis Dynamic Bond Fund, Axis Gilt Fund , Axis Strategic Bond Fund and Axis Short Term Fund and all Axis Hybrid Funds since 5th November 2012 (since inception date for Axis Hybrid Funds launched after 5th November, 2012), Axis Credit Risk Fund and Axis Arbitrage Fund since inception and Axis Treasury Advantage Fund and Axis Regular Saver Fund (Debt portion), Axis Gold Fund, Axis Gold ETF , all Axis Fixed Term Plans since 7th June, 2016 (since inception date for Axis Fixed Term Plans launched after 7th June, 2016) and Axis Corporate Debt Fund since July 13th, 2017.
Ashish Naik is managing the equity portion of Axis Regular Saver Fund and Axis Triple Advantage Fund since 22nd June 2016 and Axis Children’s Gift Fund since July 6th, 2016 and Axis Nifty ETF since July 3rd 2017, Axis Capital Builder Fund - Series 1 since 8th March 2018, Axis Equity Hybrid Fund since inception.
Aditya Pagaria is managing Axis Ultra short term fund since inception and Axis Liquid Fund, Axis Treasury Advantage Fund, Axis Banking & PSU Debt Fund since 13th August, 2016 & Axis Equity Advantage Fund Series - 1 since 26th May, 2017.
R. Sivakumar is managing Axis Dynamic Bond Fund, Axis Equity Saver Fund (debt potion) and Axis Capital Protection Oriented Fund – Series 5 since inception, Axis Triple Advantage Fund since 14th September 2010 and Axis Children’s Gift Fund (debt portion) since 7th June 2016, Axis Dynamic Equity Fund since inception, Axis Equity Hybrid Fund since inception.
@The performance data for 3 years & 5 years period has not been provided, since scheme is in existence for less than 3 years. @@The performance data for 5 years period has not been provided, since scheme is in existence for less than 5 years.W.e.f January 1, 2013, Axis Short Term Fund - Institutional Plan, Axis Treasury Advantage Fund - Institutional Plan & Axis Liquid Fund - Institutional Plan have been renamed Axis Short Term Fund, Axis Treasury Advantage Fund & Axis Liquid Fund, respectively.* An open ended equity linked savings scheme with a 3 year lock-in.# Scheme Performance may not be strictly comparable with that of its additional benchmark in view of hybrid nature of the scheme.
Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability restricted to ` 1 lakh). Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. (the AMC). Risk Factors: Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 31st December 2018)
Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Above data excludes schemes which have not completed a year. The above data excludes performance of direct plans of schemes which have not completed a year.
1 Year 3 Years 5 Years Since Inception
Date of inception CAGR (%) CurrentValue of
Investmentof ` 10,000
CAGR (%) CurrentValue of
Investmentof ` 10,000
CAGR (%)
CurrentValue of
Investmentof ` 10,000
CAGR (%) Current
Value Of
Investment
Of ` 10,000
Was Invested On
Inception Date
TOP 3 FUNDS MANAGED BY DEVANG SHAH (TOTAL SCHEMES MANAGED : 29 SCHEMES)Axis Gold Fund - Growth
20-Oct-118.25% 10,825 6.48% 12,074 -1.17% 9,426 -0.13% 9,906
Domestic Price of Gold (Benchmark) 7.88% 10,788 8.27% 12,696 3.76% 12,028 1.39% 11,046Axis Gold Fund - Direct Plan - Growth
01-Jan-138.93% 10,893 7.41% 12,394 -0.05% 9,977 -1.25% 9,275
Domestic Price of Gold (Benchmark) 7.88% 10,788 8.27% 12,696 3.76% 12,028 -0.31% 9,813Axis Corporate Debt Fund - Growth
13-Jul-177.82% 10,782 NA NA NA NA 7.39% 11,103
NIFTY Corporate Bond Index (Benchmark) 5.93% 10,593 NA NA NA NA 5.42% 10,806NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 NA NA NA NA 7.03% 11,049Axis Corporate Debt Fund - Direct Plan - Growth
13-Jul-178.75% 10,875 NA NA NA NA 8.33% 11,246
NIFTY Corporate Bond Index (Benchmark) 5.93% 10,593 NA NA NA NA 5.42% 10,806NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 NA NA NA NA 7.03% 11,049Axis Liquid Fund - Growth
09-Oct-097.45% 10,745 7.26% 12,343 7.84% 14,590 7.96% 20,282
NIFTY Liquid Index (Benchmark) 7.36% 10,736 7.06% 12,274 7.68% 14,481 7.90% 20,179NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.50% 10,750 7.14% 12,302 7.70% 14,494 6.88% 18,490Axis Liquid Fund - Direct Plan - Growth
31-Dec-127.51% 10,751 7.33% 12,368 7.91% 14,638 8.14% 15,996
NIFTY Liquid Index (Benchmark) 7.36% 10,736 7.06% 12,274 7.68% 14,481 7.95% 15,826NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.50% 10,750 7.14% 12,302 7.70% 14,494 7.57% 15,500Axis Liquid Fund - Retail - Growth
01-Mar-106.84% 10,684 6.67% 12,141 7.27% 14,206 7.64% 19,173
NIFTY Liquid Index (Benchmark) 7.36% 10,736 7.06% 12,274 7.68% 14,481 8.10% 19,909NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.50% 10,750 7.14% 12,302 7.70% 14,494 7.02% 18,223
BOTTOM 3 FUNDS MANAGED BY DEVANG SHAH (TOTAL SCHEMES MANAGED : 29 SCHEMES)Axis Hybrid Fund - Series 27 - Growth
29-Oct-152.15% 10,215 7.39% 12,386 NA NA 5.93% 12,009
Crisil Composite Bond Fund Index (85%) and Nifty 50 (15%) (Benchmark) 5.82% 10,582 8.59% 12,807 NA NA 8.18% 12,835NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 NA NA 7.12% 12,441Axis Hybrid Fund - Series 27 - Direct Plan - Growth
29-Oct-153.55% 10,355 8.81% 12,885 NA NA 7.32% 12,517
Crisil Composite Bond Fund Index (85%) and Nifty 50 (15%) (Benchmark) 5.82% 10,582 8.59% 12,807 NA NA 8.18% 12,835NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 NA NA 7.12% 12,441Axis Hybrid Fund - Series 33 - Growth
09-Sep-161.73% 10,173 NA NA NA NA 5.29% 11,263
Crisil Composite Bond Fund Index (80%) and Nifty 50 (20%) (Benchmark) 5.78% 10,578 NA NA NA NA 7.09% 11,714NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 NA NA NA NA 6.95% 11,678Axis Hybrid Fund - Series 33 - Direct Plan - Growth
09-Sep-163.25% 10,325 NA NA NA NA 6.95% 11,680
Crisil Composite Bond Fund Index (80%) and Nifty 50 (20%) (Benchmark) 5.78% 10,578 NA NA NA NA 7.09% 11,714NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 NA NA NA NA 6.95% 11,678Axis Hybrid Fund - Series 26 - Growth
10-Sep-151.65% 10,165 7.02% 12,259 NA NA 5.89% 12,086
Crisil Composite Bond Fund Index (85%) and Nifty 50 (15%)(Benchmark) 5.82% 10,582 8.59% 12,807 NA NA 8.62% 13,147NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 NA NA 7.22% 12,595Axis Hybrid Fund - Series 26 - Direct Plan - Growth
10-Sep-153.04% 10,304 8.44% 12,754 NA NA 7.27% 12,616
Crisil Composite Bond Fund Index (85%) and Nifty 50 (15%) (Benchmark) 5.82% 10,582 8.59% 12,807 NA NA 8.62% 13,147NIFTY 1 Year T-Bill Index (Additional Benchmark) 7.49% 10,749 7.14% 12,302 NA NA 7.22% 12,595
Additional Benchmark of certain schemes have been changed w.e.f. September 30, 2018.
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PRODUCT LABELLINGAXIS BLUECHIP FUND (An open ended equity scheme predominantly investing in large cap stocks) This product is suitable for investors who are seeking*l Capital appreciation over long terml Investment in a diversified portfolio predominantly consisting of equity and equity related instruments of large cap companies
AXIS FOCUSED 25 FUND (An open ended equity scheme investing in maximum 25 stocks investing in large cap, mid cap and small cap companies.)This product is suitable for investors who are seeking*l Capital appreciation over long terml Investment in a concentrated portfolio of equity & equity related instruments of up to 25 companies AXIS LONG TERM EQUITY FUND (An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit)This product is suitable for investors who are seeking*l Capital appreciation & generating income over long terml Investment in a diversified portfolio predominantly consisting of equity and equity related instrumentsAXIS MIDCAP FUND (An open ended equity scheme predominantly investing in Mid Cap stocks)This product is suitable for investors who are seeking*l Capital appreciation over long terml Investing predominantly in equity & equity related instruments of Mid Cap companies. AXIS MULTICAP FUND (An open ended equity scheme investing across large cap, mid cap, small cap stocks) This product is suitable for investors who are seeking*l Capital appreciation over medium to long terml Investment in a diversified portfolio consisting of equity and equity related instruments across market capitalization.AXIS TRIPLE ADVANTAGE FUND (An open ended scheme investing in equity, debt and gold) This product is suitable for investors who are seeking*l Capital appreciation & generating income over long term l Investment in a diversified portfolio of equity and equity related instruments, fixed income instruments & gold exchange traded fundsAXIS REGULAR SAVER FUND (An open ended hybrid scheme investing predominantly in debt instruments) This product is suitable for investors who are seeking*l Capital appreciation while generating income over medium to long term l Investment in debt and money market instruments as well as equity and equity related instrumentsAXIS GOLD ETF (An open ended scheme replicating/tracking Domestic Price of Gold) This product is suitable for investors who are seeking* l Capital Appreciation over medium to long terml Invests predominantly in gold in order to generate returns similar to the performance of gold, subject to tracking errorAXIS GOLD FUND (An open ended fund of fund scheme investing in Axis Gold ETF) This product is suitable for investors who are seeking*l Capital Appreciation over medium to long terml Invests predominantly in Axis Gold ETF in order to generate returns similar to the underlying fund, subject to tracking errorAXIS EQUITY SAVER FUND (An Open Ended Scheme Investing In Equity, Arbitrage And Debt) This product is suitable for investors who are seeking* l Capital Appreciation while generating income over medium to long terml Provide capiltal appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities and investments in debt and money market instrumentsAXIS CHILDREN’S GIFT FUND (An open ended fund for investment for children, having a lock-in of 5 years or till the child attains age of majority (whichever is earlier)) This product is suitable for investors who are seeking*l Capital appreciation & generating income over long terml Investment in debt and money market instruments as well as equity and equity related instruments AXIS DYNAMIC EQUITY FUND (An open ended dynamic assetallocation fund) This product is suitable for investors who are seeking* l Capital appreciation & generating income over medium to long terml Investment in equity and equity related instruments as well as debt and money market instruments while managing risk through active asset allocationAXIS NIFTY ETF (An open ended Scheme replicating/ tracking Nifty 50 Index) This product is suitable for investors who are seeking* l Capital appreciation over medium to long terml Investments in Equity & Equity related instruments covered by Nifty 50 IndexAXIS EQUITY HYBRID FUND (An open-ended hybrid scheme investing predominantly in equity and equity related instruments) This product is suitable for investors who are seeking* l Capital appreciation along with generation of income over medium to long term. l Investment in equity and equity related instruments as well as debt and money market instruments.AXIS SMALL CAP FUND (An open ended equity scheme predominantly investing in small cap stocks) This product is suitable for investors who are seeking* l Capital appreciation over long term. l investment in a diversified portfolio predominantly consisting of equity and equity related instruments of small cap companies.AXIS GROWTH OPPORTUNITIES FUND (An Open-ended Equity Scheme investing in both large cap and mid cap stocks) This product is suitable for investors who are seeking* l Capital appreciation over long term. l investment in a diversified portfolio predominantly consisting of equity and equity related instruments both in India as well as overseas.AXIS GILT FUND (An open ended debt scheme investing in government securities across maturity) This product is suitable for investors who are seeking*l Credit risk free returns over medium to long terml Investment mainly in Government securities across maturities AXIS DYNAMIC BOND FUND (An open ended dynamic debt scheme investing across duration) This product is suitable for investors who are seeking*l Optimal returns over medium to long terml To generate stable returns while maintaining liquidity through active management of a portfolio of debt and money market instrumentsAXIS CORPORATE DEBT FUND (An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds) This product is suitable for investors who are seeking* l Regular income over short to medium - terml Predominantly investing in corporate debtAXIS STRATEGIC BOND FUND (An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 years to 4 years)This product is suitable for investors who are seeking* l Optimal returns over medium terml Investment in diversified portfolio of debt and money market securities to generate optimal risk adjusted returns while maintaining liquidityAXIS ARBITRAGE FUND (An open ended scheme investing in arbitrage opportunities) This product is suitable for investors who are seeking* l Income over short to medium terml Investment in arbitrage opportunities in the cash & derivatives segment of the equity market AXIS CREDIT RISK FUND (An open ended debt scheme predominantly investing in AA and below rated corporate bonds (excluding AA+ rated corporate bonds) This product is suitable for investors who are seeking* l Stable returns in the short to medium terml Investment in debt and money market instruments across the yield curve and credit spectrum AXIS SHORT TERM FUND (An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year to 3 years)This product is suitable for investors who are seeking* l Regular income while maintaining liquidity over short term l Investment in debt and money market instrumentsAXIS BANKING & PSU DEBT FUND (An open ended debt scheme predominantly investing in debt instruments of Banks, Public Sector Undertakings & Public Financial Institutions)This product is suitable for investors who are seeking*l Regular income over short to medium terml Investment in debt and money market instruments issued by banks, PFIs & PSUs AXIS TREASURY ADVANTAGE FUND (An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 to 12 months)This product is suitable for investors who are seeking* l Regular income over short terml Investment in debt and money market instrumentsAXIS ULTRA SHORT TERM FUND (An open ended ultra-short term debt scheme investing in instruments such that the Macaulayduration of the portfolio is between 3 months and 6 months)This product is suitable for investors who are seeking* l Regular income over short terml Investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months.AXIS LIQUID FUND (An open ended liquid scheme)This product is suitable for investors who are seeking*l Regular income over short terml Investment in debt and money market instruments
Riskometer
Investors understand that their principal will beat moderately high risk
LOW HIGH
Moderate ModeratelyHighModerately
Low
HighLow
Riskometer
Investors understand that their principal will beat moderate risk
LOW HIGH
Moderate ModeratelyHighModerately
Low
HighLow
Riskometer
Investors understand that their principal will beat moderately low risk
LOW HIGH
Moderate ModeratelyHighModerately
Low
HighLow
Riskometer
Investors understand that their principal will beat low risk
LOW HIGH
Moderate ModeratelyHighModerately
Low
HighLow
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them
Axis Small Cap Fund was launched as a 5 Year Close Ended Equity Scheme (with automatic conversion into an open ended equity scheme on completion of 5 years). The Scheme was converted into an open ended equity scheme w.e.f November 29, 2018.
Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability restricted to ̀ 1 Lakh). Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. (the AMC) Risk Factors: Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Not everything small grows big. Only some do. And, we at Axis Mutual Fund, have developed the art of picking the talented ones. That’s why, in the last 5 years, Axis Small Cap Fund (formerly a close ended scheme) has been on the path to become big.
Because we are a responsible mutual fund, we dig deep and only select companies which show promise and have a great growth potential. So, get your clients to invest today and let their investments build with growth of these companies.