sip performance of select schemes - advisorkhoj.com filesip performance of select schemes ... axis...

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SIP Performance of Select Schemes (as on 31st March 2015)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. 1,000 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: CNX Nifty. Additional Benchmak: S&P BSE Sensex. Inception Date: Jan 05, 2010. This scheme is managed by Pankaj Muraka. Please refer to the Annexure for returns of all the schemes managed by him.

Axis Equity Fund - Growth Option

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

SIP Investments Since Inception SIP 3 Year SIP 2 Year SIP 1 Year SIP

Total Amount Invested (Rs) 63,000 36,000 24,000 12,000

Market value as on March 31, 2015 (Rs) 1,37,630.28 66,569.61 39,046.91 15,089.06

Returns (Annualised) 30.20% 44.42% 55.12% 51.26%

Benchmark Returns (Annualised) 14.82% 22.79% 27.21% 20.08%

Additional Benchmark Returns (Annualised) 14.13% 20.64% 23.48% 15.75%

Axis Long Term Equity Fund - Growth Option

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



Market value as on March 31, 2015 (Rs) 96,958.75 64,449.79 38,504.50 14,531.49




Axis Equity Fund - Growth OptionAxis Midcap Fund - Growth Option

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


Total Amount Invested (Rs) 33,000 NA 24,000 12,000

Market value as on March 31, 2015 (Rs) 47,395.29 NA 32,584.87 14,110.40

Returns (Annualised) 27.56% NA 32.63% 34.35%

Benchmark Returns (Annualised) 21.02% NA 23.48% 15.75%

Additional Benchmark Returns (Annualised) 23.43% NA 27.21% 20.08%

Axis Equity Fund - Growth OptionAxis Focused 25 Fund - Growth Option

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







Axis Equity Fund - Growth OptionAxis Triple Advantage Fund - Growth Option

^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: CRISIL MIP Blended Index. Additional Benchmak: CRISIL 10 year Gilt Index Inception Date: Jul 16, 2010. This scheme is managed by Kedar Karnik & Jinesh Gopani. Please refer to the Annexure for returns of all the schemes managed by them.







Axis Equity Fund - Growth OptionAxis Income Saver - Growth Option



Market value as on March 31, 2015 (Rs) 1,00,593.27 52,727.02 31,569.15 13,347.69




FUND STYLE

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Growth SchemeTo achieve long term capital appreciation by investing in a diversified portfolio predominantly consisting of equity and equity related securities including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved.

DATE OF ALLOTMENT5th January 2010

FUND MANAGER

Pankaj MurarkaWork experience: 16 yearsHe has been managing this fund since 24th June 2013

LATEST NAV (`) Direct PlanGrowth 19.50 19.99Dividend 15.21 15.56

FUND SIZE (`)Monthly Average AUM 1,690.63 Crore

STATISTICAL MEASURES (3 years)Standard deviation 13.54%Beta 0.92Sharpe Ratio* 1.16

Direct PlanStandard deviation 14.02%Beta 0.94Sharpe Ratio* 1.44*Risk-free rate assumed to be 7.7190%(364 days Treasury Bill yield on 31-03-15)

Please note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. In case the scheme has not completed 3 years, since inception data is considered.

Data as on 31st Mar 2015. Source: ACEMF

PORTFOLIO TURNOVER* (1 year)0.50 times* Based on equity transactions only

MINIMUM INVESTMENT AMOUNT (`)5,000/1

MINIMUM ADDITIONAL PURCHASE AMOUNT (`)100/1

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

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

Banks 22.50HDFC Bank Ltd 7.64ICICI Bank Ltd 5.05State Bank of India 3.80Kotak Mahindra Bank Ltd 1.96The Federal Bank Ltd 1.64DCB Bank Ltd 1.45ING Vysya Bank Ltd 0.97Software 16.02Infosys Ltd 7.89Tata Consultancy Services Ltd 4.09Wipro Ltd 1.64CMC Ltd 1.25Oracle Financial Services Software Ltd 1.16Auto 9.41Tata Motors Ltd 3.97Maruti Suzuki India Ltd 3.51Mahindra & Mahindra Ltd 1.94Construction Project 7.77Larsen & Toubro Ltd 6.11Voltas Ltd 1.66Pharmaceuticals 7.45Sun Pharmaceuticals Industries Ltd 2.82Lupin Ltd 2.08Torrent Pharmaceuticals Ltd 1.79Sanofi India Ltd 0.75Finance 6.93Housing Development Finance Corporation Ltd 4.91CRISIL Ltd 1.13IDFC Ltd. 0.89Consumer Non Durables 3.76ITC Ltd 1.54United Spirits Ltd 1.30Colgate Palmolive (India) Ltd 0.91

Gas 3.63Gujarat State Petronet Ltd 2.21Indraprastha Gas Ltd 1.43Telecom - Services 2.89Bharti Airtel Ltd 2.89Chemicals 2.63Tata Chemicals Ltd 2.63Petroleum Products 2.58Reliance Industries Ltd 1.37Gulf Oil Lubricants India Ltd 1.21Industrial Products 2.57Cummins India Ltd 1.57SKF India Ltd 1.00Media & Entertainment 2.23Zee Entertainment Enterprises Ltd 2.23Industrial Capital Goods 1.83Thermax Ltd 1.83Power 1.36Torrent Power Ltd 1.36Consumer Durables 0.94Bata India Ltd 0.94Transportation 0.86Gujarat Pipavav Port Ltd 0.86Cement 0.64Grasim Industries Ltd 0.64Auto Ancillaries 0.61Motherson Sumi Systems Ltd 0.61Other Equity (less than 0.50% of the corpus) 1.41Total Equity 98.03Cash & Other Receivables 1.97

Monthly Average AUM (` in crores) 1,690.63

Company Name % of Assets


PORTFOLIO

DIVIDENDS

FACTSHEET31st March 2015

Value

Inve

stm

ent S

tyle

Market Cap

Blend

Growth

Large Mid Small

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. Since inception returns for Axis Equity Fund - Growth Option & Direct Plan - Growth Option are calculated from 5th January 2010 & 1st January 2013 respectively. Direct Plan was introduced on 1st January 2013.Pankaj Murarka manages 3 schemes. Please refer to annexure on Page 17 for performance of all schemes managed by the fund manager.

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 10Dividends disclosed above are since the inception of the fund.

Option Record Date

Direct PlanDividend (` Per unit) NAV per

unit (Cum Dividend)

NAV per unit (Ex

Dividend)

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

NAV per unit (Ex

Dividend) Individu-als/ HUF Others Individu-

als/HUF Others

Dividend

March 09, 2015 1.00 1.00 16.53 15.53 1.00 1.00 16.89 15.89

March 17, 2014 1.00 1.00 12.57 11.57 1.00 1.00 12.69 11.69

February 4, 2013 1.20 1.20 12.22 11.02 1.20 - 12.23 11.03

For Statutory Details & Risk Factors please refer page 19.

2

SECTOR ALLOCATION (%) Banks 22.50Software 16.35Auto 9.41Construction Project 7.77Pharmaceuticals 7.45Finance 6.93Consumer Non Durables 3.76Gas 3.63Telecom - Services 2.89Industrial Capital Goods 2.67Chemicals 2.63Petroleum Products 2.58Industrial Products 2.57Media & Entertainment 2.23Power 1.36Consumer Durables 0.94Transportation 0.86Cement 0.64Auto Ancillaries 0.61Construction 0.24

¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢

SCHEME PERFORMAN5E (as on 31st March 2015)

Mar 30, 2012 to Mar 28, 2013

Mar 28, 2013 to Mar 31, 2014

Mar 31, 2014 to Mar 31, 2015

Since Inception

Current Value of Investment if

` 10,000 wasinvested on

inception dateAbsolute Return (%) Absolute Return (%) Absolute Return (%) CAGR (%)

Axis Equity Fund - Growth 17.10% 19.80% 34.30% 13.60% 19,500CNX Nifty (Benchmark) 7.31% 17.98% 26.65% 9.51% 16,088S&P BSE Sensex (Additional Benchmark) 8.23% 18.85% 24.89% 9.14% 15,807Axis Equity Fund - Direct Plan - Growth - 21.00% 36.08% 24.71% 16,412CNX Nifty (Benchmark) - 17.98% 26.65% 17.17% 14,269S&P BSE Sensex (Additional Benchmark) - 18.85% 24.89% 17.20% 14,278

FUND STYLE

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

DATE OF ALLOTMENT29th June 2012

FUND MANAGER

Sudhanshu AsthanaWork experience: 15 yearsHe has been managing this fund since 2nd September 2013


FUND SIZE (`)Monthly Average AUM 263.93 Crore

STATISTICAL MEASURES (Since Inception)Standard deviation 13.25%Beta 0.92Sharpe Ratio* 1.27








LOAD STRUCTUREEntry load - Not applicableExit load - 2% if redeemed / switched - out within 2 years from the date of allotment

Banks 19.71HDFC Bank Ltd 6.20ICICI Bank Ltd 6.10Kotak Mahindra Bank Ltd 4.93DCB Bank Ltd 2.47Software 11.66Wipro Ltd 5.09Tata Consultancy Services Ltd 4.91Info Edge (India) Ltd 1.66Finance 11.09Housing Development Finance Corporation Ltd 7.73Bajaj Finance Ltd 3.36Auto 8.56Hero MotoCorp Ltd 4.29Tata Motors Ltd 4.27Industrial Capital Goods 6.92Siemens Ltd 3.75Thermax Ltd 3.17Construction Project 5.51Larsen & Toubro Ltd 5.51Pharmaceuticals 5.31Lupin Ltd 5.31

Cement 4.88Grasim Industries Ltd 4.88Industrial Products 4.80Cummins India Ltd 3.19AIA Engineering Ltd 1.60Consumer Non Durables 4.33Jubilant Foodworks Ltd 4.33Textile Products 4.10Page Industries Ltd 4.10Media & Entertainment 3.07Dish TV India Ltd 3.07Retailing 2.87Trent Ltd 2.87Transportation 2.85Gateway Distriparks Ltd 2.85Auto Ancillaries 1.82Motherson Sumi Systems Ltd 1.82Non - Ferrous Metals 1.71Hindustan Zinc Ltd 1.71Total Equity 99.19Cash & Other Receivables 0.81

Monthly Average AUM (` in crores) 263.93



PORTFOLIO


Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ̀ 10 invested at inception. Since inception returns for Axis Focused 25 Fund - Growth Option & Direct Plan - Growth Option are calculated from 29th June 2012 & 1st January 2013 respectively. Direct Plan was introduced on 1st January 2013.Sudhanshu Asthana manages 7 schemes. Please refer to annexure on Page 17 for performance of all schemes managed by the fund manager.


Market CapLarge Mid Small

Value

Inve

stm

ent S

tyle

Blend

Growth

3

SECTOR ALLOCATION (%) Banks 19.71Software 11.66Finance 11.09Auto 8.56Industrial Capital Goods 6.92Construction Project 5.51Pharmaceuticals 5.31Cement 4.88Industrial Products 4.80Consumer Non Durables 4.33Textile Products 4.10Media & Entertainment 3.07Retailing 2.87Transportation 2.85Auto Ancillaries 1.82Non - Ferrous Metals 1.71

¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢

Option Record Date Dividend (` Per unit) NAV per unit (Cum Dividend) NAV per unit (Ex Dividend) Individuals/HUF OthersDividend February 26, 2015 1.75 1.75 17.90 16.15


SCHEME PERFORMANCE (as on 31st March 2015)

Mar 28, 2014 to Mar 31, 2013

Mar 31, 2014 to Mar 31, 2015

Since Inception



inception dateAbsolute Return (%) Absolute Return (%) CAGR (%)

Axis Focused 25 Fund - Growth 12.06% 42.09% 23.70% 17,960

CNX Nifty (Benchmark) 17.98% 26.65% 18.84% 16,085

S&P BSE 200 (Additional Benchmark) 17.19% 31.93% 20.07% 16,545

Axis Focused 25 Fund - Direct Plan - Growth 13.29% 44.02% 22.60% 15,798

CNX Nifty (Benchmark) 17.98% 26.65% 17.17% 14,269

S&P BSE 200 (Additional Benchmark) 17.19% 31.93% 17.87% 14,461

FUND STYLE

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Equity-Linked Savings Scheme with a 3 year lock in. Eligible investors in the Scheme (who are “Assessee” as per the ELSS Rules) are entitled to deductions of the amount invested in Units of the Scheme under Section 80C of the Income Tax Act, 1961 to such extent and subject to such conditions as may be notified from time to time.To generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities. However, there can be no assurance that the investment objective of the Scheme will be achieved.

DATE OF ALLOTMENT29th December 2009

FUND MANAGER

Jinesh Gopani Work experience: 13 yearsHe has been managing this fund since 1st April 2011








MINIMUM INVESTMENT AMOUNT (`)500/500


MINIMUM SIP INSTALLMENT AMOUNT (`)500/500

LOAD STRUCTUREEntry load - Not applicableExit load - Nil

Banks 14.79HDFC Bank Ltd 8.34Kotak Mahindra Bank Ltd 6.45Finance 13.94Housing Development Finance Corporation Ltd 5.63Multi Commodity Exchange of India Ltd 2.51Bajaj Finance Ltd 2.00Sundaram Finance Ltd 1.94Gruh Finance Ltd 1.87Software 10.35Tata Consultancy Services Ltd 4.92Tech Mahindra Ltd 4.03Info Edge (India) Ltd 1.39Pharmaceuticals 9.37Sun Pharmaceuticals Industries Ltd 3.99Divi’s Laboratories Ltd 1.91Cadila Healthcare Ltd 1.56IPCA Laboratories Ltd 1.32Ttk Healthcare Ltd 0.60Consumer Durables 6.99TTK Prestige Ltd 3.57Symphony Ltd 1.84Bata India Ltd 1.59Auto Ancillaries 6.84Motherson Sumi Systems Ltd 3.62Wabco India Ltd 1.66Bosch Ltd 1.56Auto 6.41Maruti Suzuki India Ltd 3.62Eicher Motors Ltd 2.79

Construction Project 6.25Larsen & Toubro Ltd 6.25Industrial Products 4.74Cummins India Ltd 2.77Astral Poly Technik Ltd 1.19AIA Engineering Ltd 0.78Transportation 3.30Gujarat Pipavav Port Ltd 1.84Blue Dart Express Ltd 1.47Chemicals 3.11Pidilite Industries Ltd 3.11Pesticides 3.02PI Industries Ltd 3.02Power 2.22Torrent Power Ltd 2.22Industrial Capital Goods 1.42Siemens Ltd 1.42Textile Products 1.12Page Industries Ltd 1.12Telecom - Equipment & Accessories 1.10Astra Microwave Products Ltd 1.10Consumer Non Durables 0.87Nestle India Ltd 0.87Other Equity (less than 0.50% of the corpus) 0.36Total Equity 96.20Debt, Cash & Other Receivables 3.80

Monthly Average AUM (` in crores) 4,666.29



PORTFOLIO

DIVIDENDS


Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. Since inception returns for Axis Long Term Equity Fund - Growth Option & Direct Plan - Growth Option are calculated from 29th December 2009 & 1st January 2013 respectively. Direct Plan was introduced on 1st January 2013.Jinesh Gopani manages 13 schemes. Please refer to annexure on Page 17 for performance of all schemes managed by the fund manager.


Option Record DateDividend (` Per unit)

NAV per unit (Cum Dividend) Individuals/ HUF Others

Regular Dividend

January 22, 2015 2.00 2.00 24.2942

January 6, 2014 1.00 1.00 14.6918

August 7, 2012 0.80 0.80 12.1041


Mar 30, 2012 to

March 28, 2013

Mar 28, 2013 to

Mar 31, 2014

Mar 31, 2014 to

Mar 31, 2015

Since Inception



inception dateAbsolute Return

(%)Absolute Return

(%)Absolute Return

(%) CAGR (%)

Axis Long Term Equity Fund - Growth 13.14% 35.40% 62.03% 24.07% 31,063S&P BSE 200 (Benchmark) 6.03% 17.19% 31.93% 9.71% 16,271CNX Nifty (Additional Benchmark) 7.31% 17.98% 26.65% 9.83% 16,367Axis Long Term Equity Fund - Direct Plan - Growth - 36.76% 64.51% 40.42% 21,419S&P BSE 200 (Benchmark) - 17.19% 31.93% 17.87% 14,461CNX Nifty (Additional Benchmark) - 17.98% 26.65% 17.17% 14,269



Value

Inve

stm

ent S

tyle

Blend

Growth

4

SECTOR ALLOCATION (%)Banks 14.79Finance 13.94Software 10.35Pharmaceuticals 9.37Consumer Durables 6.99Auto Ancillaries 6.84Auto 6.41Construction Project 6.25Industrial Products 4.74Transportation 3.30Chemicals 3.11Pesticides 3.02Power 2.22Industrial Capital Goods 1.42Textile Products 1.12Telecom - Equipment & Accessories 1.10Consumer Non Durables 0.87Hotels, Resorts And Other Recreational Activities 0.36

¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢

Pharmaceuticals 10.30Pfizer Ltd 3.41Sanofi India Ltd 2.51Torrent Pharmaceuticals Ltd 2.03IPCA Laboratories Ltd 1.18Cadila Healthcare Ltd 1.16Finance 8.57Sundaram Finance Ltd 2.54ICRA Ltd 2.23SKS Microfinance Ltd 2.12CRISIL Ltd 1.67Banks 8.45The Federal Bank Ltd 3.67DCB Bank Ltd 3.39Allahabad Bank 1.39Chemicals 7.34Tata Chemicals Ltd 4.52BASF India Ltd 1.62Pidilite Industries Ltd 1.20Auto 5.69SML Isuzu Ltd 2.27Eicher Motors Ltd 2.15VST Tillers Tractors Ltd 1.27Construction Project 5.38Voltas Ltd 3.11Sadbhav Engineering Ltd 1.54Engineers India Ltd 0.73Gas 4.90Gujarat State Petronet Ltd 3.45Indraprastha Gas Ltd 1.46Software 4.46NIIT Technologies Ltd 2.10Ramco Systems Ltd 1.47CMC Ltd 0.89Transportation 4.33Gateway Distriparks Ltd 2.17Gujarat Pipavav Port Ltd 2.17Media & Entertainment 3.97D.B.Corp Ltd 2.03Entertainment Network (India) Ltd 1.09Ortel Communications Limited 0.85

Consumer Durables 3.74Bata India Ltd 1.51Whirlpool of India Ltd 1.44Blue Star Ltd 0.79Construction 3.53ITD Cementation India Ltd 1.35Sobha Ltd 1.12Puravankara Projects Ltd 1.06Industrial Capital Goods 3.21Thermax Ltd 1.61Crompton Greaves Ltd 0.92Alstom T&D India Ltd 0.68Industrial Products 3.16FAG Bearings India Ltd 1.74SKF India Ltd 1.42Auto Ancillaries 3.05Amara Raja Batteries Ltd 1.16MRF Ltd 0.86Wabco India Ltd 0.53Tube Investments of India Ltd 0.51Consumer Non Durables 3.03Britannia Industries Ltd 1.30VST Industries Ltd 1.02Agro Tech Foods Ltd 0.71Power 2.42Torrent Power Ltd 2.42Hotels, Resorts And Other Recreational Activities 2.15Mahindra Holidays & Resorts India Ltd 2.15Petroleum Products 1.98Gulf Oil Lubricants India Ltd 1.98Services 1.69Aditya Birla Nuvo Ltd 1.69Pesticides 1.02UPL Limited 1.02Retailing 0.99Shopper’s Stop Ltd 0.99Other Equity (less than 0.50% of the corpus) 0.72Total Equity 94.09Cash & Other Receivables 5.91Monthly Average AUM (` in crores) 1,086.44



PORTFOLIO


Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. Since inception returns for Axis Midcap Fund - Growth Option & Direct Plan - Growth Option are calculated from 18th February 2011 & 1st January 2013 respectively. Direct Plan was introduced on 1st January 2013.Pankaj Murarka manages 3 schemes. Please refer to annexure on Page 17 for performance of all schemes managed by the fund manager.


Mar 30, 2012to

Mar 28, 2013

Mar 28, 2013to

Mar 31, 2014

Mar 31, 2014 to

Mar 31, 2015

Since Inception




(%)Absolute Return

(%)Absolute Return

(%) CAGR (%)

Axis Midcap Fund - Growth 15.30% 24.98% 64.29% 25.03% 25,070S&P BSE Midcap (Benchmark) -3.22% 15.32% 49.55% 11.93% 15,900CNX Nifty (Additional Benchmark) 7.31% 17.98% 26.65% 11.33% 15,554Axis Midcap Fund - Direct Plan - Growth - 26.08% 67.12% 32.57% 18,824S&P BSE Midcap (Benchmark) - 15.32% 49.55% 18.79% 14,716CNX Nifty (Additional Benchmark) - 17.98% 26.65% 17.17% 14,269


5

DIVIDENDS


Option Record Date


unit (Cum Dividend)

NAV per unit (Ex

Dividend)


NAV per unit (Ex


als/HUF Others

Dividend July 31, 2014 1.50 1.50 19.91 18.41 - - - -

SECTOR ALLOCATION (%) Pharmaceuticals 10.30Finance 8.57Banks 8.45Chemicals 7.34Auto 5.69Construction Project 5.38Gas 4.90Software 4.46Transportation 4.33Media & Entertainment 3.97Consumer Durables 3.74Industrial Capital Goods 3.54Construction 3.53Industrial Products 3.16Auto Ancillaries 3.05Consumer Non Durables 3.03Power 2.42Hotels, Resorts And Other Recreational Activities 2.15Petroleum Products 1.98Services 1.69Pesticides 1.02Retailing 0.99Textile Products 0.39

FUND STYLE

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Equity Scheme.To achieve long term capital appreciation by investing predominantly in equity & equity related instruments of mid size companies. The focus of the fund would be to invest in relatively larger companies within this category.

DATE OF ALLOTMENT18th February 2011

FUND MANAGER

Pankaj MurarkaWork experience: 16 yearsHe has been managing this fund since inception.











LOAD STRUCTUREEntry load - Not applicableExit load - 1% if redeemed / switched - out within 12 months from the date of allotment (w.e.f. 5th May 2014)


Value

Inve

stm

ent S

tyle

Blend

Growth

¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢

¢¢¢¢¢

FUND STYLE

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Hybrid Fund

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

DATE OF ALLOTMENT23rd August 2010

FUND MANAGER

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

Sudhanshu Asthana Work experience: 15 yearsHe has been managing the fund since 1st April 2011

LATEST NAV (`) Direct PlanGrowth 15.1913 15.5337Dividend 12.3896 13.3798FUND SIZE (`) Monthly Average AUM 465.08 Crore

AVERAGE MATURITY@*9.9 years

MODIFIED DURATION@*6.2 years

YIELD TO MATURITY &

8.64%




LOAD STRUCTUREEntry load - Not applicableExit load - 3% if redeemed / switched - out within 1 year from date of allotment 2% if redeemed / switched - out after 1 year and upto 2 years from the date of allotment 1% if redeemed / switched - out after 2 years and upto 3 years from the date of allotment

PORTFOLIO

DIVIDENDS


Equity

Ass

et C

lass

Credit Quality

Debt

Gold

High Mid Low

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. Since inception returns for Axis Triple Advantage Fund - Growth Option & Direct Plan - Growth Option are calculated from 23rd August 2010 & 1st January 2013 respectively. Direct Plan was introduced on 1st January 2013.R. Sivakumar manages 2 schemes & Sudhanshu Asthana manages 7 schemes. Please refer to annexure on Page 17&18 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.

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


Mar 30, 2012 to Mar 28, 2013

Mar 28, 2013 to Mar 31, 2014

Mar 31, 2014 to Mar 31, 2015

Since Inception



inception date

Absolute Return (%)

Absolute Return (%)

Absolute Return (%) CAGR (%)

Axis Triple Advantage Fund - Growth 9.88% 5.92% 16.40% 9.50% 15,19135% of CNX Nifty + 35% of Crisil Composite Bond Fund Index + 30% Of INR Price of Gold (Benchmark)

6.92% 4.99% 12.63% 8.77% 14,726

CRISIL 10 year Gilt Index (Additional Benchmark) 11.25% -0.96% 14.57% 6.87% 13,577Axis Triple Advantage Fund - Direct Plan Growth - 6.73% 17.95% 9.44% 12,24335% of CNX Nifty + 35% of Crisil Composite Bond Fund Index + 30% Of INR Price of Gold (Benchmark)

- 4.99% 12.63% 6.67% 11,560

CRISIL 10 year Gilt Index (Additional Benchmark) - -0.96% 14.57% 6.82% 11,595


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

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

Total Debt 32.07Corporate Bond 20.32Reliance Gas Transportation Infrastructure Ltd CRISIL AAA 7.16Rural Electrification Corporation Ltd CRISIL AAA 4.44Hindalco Industries Ltd CRISIL AA 3.39Tata Power Company Ltd CRISIL AA- 2.78Tata Steel Ltd CARE AA 0.97Power Finance Corporation Ltd CRISIL AAA 0.82India Infrastructure Fin Co Ltd CRISIL AAA 0.62The Indian Hotels Company Ltd CARE AA+ 0.13Government Bond 11.759.20% GOI SOVEREIGN 6.668.28% GOI SOVEREIGN 2.068.40% GOI SOVEREIGN 1.278.24% GOI SOVEREIGN 1.158.83% GOI SOVEREIGN 0.358.35% GOI SOVEREIGN 0.158.60% GOI SOVEREIGN 0.098.12% GOI SOVEREIGN 0.02Total Equity 36.67Banks 6.59HDFC Bank Ltd 2.33Kotak Mahindra Bank Ltd 2.26ICICI Bank Ltd 2.00Software 4.75Tata Consultancy Services Ltd 2.18Wipro Ltd 1.36Info Edge (India) Ltd 1.21Finance 4.25HDFC Ltd 1.94Sundaram Finance Ltd 1.51Max India Ltd 0.79

Industrial Capital Goods 2.69Thermax Ltd 1.66Siemens Ltd 1.03Construction Project 2.24Larsen & Toubro Ltd 2.24Pharmaceuticals 2.13Sun Pharmaceuticals Industries Ltd 1.19Lupin Ltd 0.94Auto Ancillaries 1.90Wabco India Ltd 1.03Motherson Sumi Systems Ltd 0.87Auto 1.89Maruti Suzuki India Ltd 1.11Hero MotoCorp Ltd 0.78Industrial Products 1.61Cummins India Ltd 1.61Cement 1.60Ultratech Cement Ltd 0.85The Ramco Cements Ltd 0.76Consumer Non Durables 1.40Jubilant Foodworks Ltd 0.87Asian Paints Ltd 0.53Pesticides 0.98PI Industries Ltd 0.98Power 0.79Torrent Power Ltd 0.79Petroleum Products 0.63Castrol India Ltd 0.63Other Equity (less than 0.50% of the corpus) 3.20Exchange Traded Funds 29.04Axis Gold ETF 29.04Net Current Assets 2.22

Average AUM (` in crores) 465.08

Company Name Rating % of Assets


6

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

¢ CRISIL AAA & Equivalent ¢ SOV ¢ CRISIL AA/ CARE AA ¢ CRISIL AA- ¢ CARE AA+

¢ Equity ¢ Exchange Traded Funds ¢ Corporate Bond ¢ Government Bond¢ Total Money Market Instruments^

^ Includes Net Current Assets

36.67%

29.04%

20.32%

11.75%2.22%

15.27%11.75%

4.36%

2.78% 0.13%

FUND STYLE

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Income Fund

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

DATE OF ALLOTMENT16th July 2010

FUND MANAGER

Kedar KarnikWork experience: 9 years

Jinesh GopaniWork experience: 13 years

Both have been managing this fund since 2nd September 2013

LATEST NAV (`) Direct PlanGrowth 15.2957 15.7261Quarterly Dividend 11.5700 12.8279Half yearly Dividend 11.8083 11.9995Annual Dividend 12.1997 12.1819


AVERAGE MATURITY@*379 days

MODIFIED DURATION@*346 days

YIELD TO MATURITY &

8.79%




LOAD STRUCTUREEntry load - Not applicable

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

PORTFOLIO

DIVIDENDS


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


Mar 30, 2012 to Mar 28, 2013

Mar 28, 2013 to Mar 28, 2014

Mar 28, 2014 to Mar 31, 2015

Since Inception




(%)Absolute Return

(%)Absolute Return

(%) CAGR (%)

Axis Income Saver - Growth 7.26% 9.16% 19.71% 9.44% 15,296Crisil MIP Blended Fund Index (Benchmark) 9.06% 6.44% 16.54% 8.71% 14,818CRISIL 10 year Gilt Index (Additional Benchmark) 11.25% -1.01% 14.63% 6.33% 13,354Axis Income Saver - Direct Plan - Growth - 10.22% 21.71% 13.83% 13,359Crisil MIP Blended Fund Index (Benchmark) - 6.44% 16.54% 10.33% 12,457CRISIL 10 year Gilt Index (Additional Benchmark) - -1.01% 14.63% 6.62% 11,540


Total Debt 36.86Corporate Bond 31.90Power Finance Corporation Ltd CRISIL AAA 9.23Tata Sons Ltd CRISIL AAA 7.26HDFC Ltd CRISIL AAA 2.07Rural Electrification Corporation Ltd CRISIL AAA 1.84Sundaram Finance Ltd ICRA AA+ 1.50Tata Capital Financial Services Ltd ICRA AA+ 1.50Bajaj Finance Ltd ICRA AA+ 1.50SRF Ltd FITCH AA 1.22Tata Capital Financial Services Ltd CRISIL AA+ 1.22Tata Motors Finance Ltd CRISIL AA 1.20Kotak Mahindra Prime Ltd CRISIL AAA 0.92Larsen & Toubro Ltd CRISIL AAA 0.76Indiabulls Housing Finance Ltd CARE AAA 0.76Adani Ports and Special Economic Zone Ltd ICRA AA- 0.75LIC Housing Finance Ltd CRISIL AAA 0.15Blue Dart Express Ltd ICRA AA 0.02Zero Coupon Bond 4.96Edelweiss Financial Services Ltd CARE AA 3.13Sprit Textile Pvt. Ltd. BWR A+(SO) 1.83Total Money Market Instruments^ 30.16Banks 23.75Canara Bank CRISIL A1+ 12.68Andhra Bank CARE A1+ 6.96Indusind Bank Ltd CRISIL A1+ 2.72Vijaya Bank CARE A1+ 1.39Others 6.25HDFC Ltd CRISIL A1+ 3.57SKS Microfinance Ltd CARE A1+ 1.93Indiabulls Housing Finance Ltd CRISIL A1+ 0.74Treasury Bill 0.1691Days Tbill SOVEREIGN 0.16Total Equity 29.65Finance 4.22HDFC Ltd 1.88Multi Commodity Exchange of India Ltd 1.26Bajaj Finance Ltd 1.08

Pharmaceuticals 3.99Sun Pharmaceuticals Industries Ltd 1.46Divi’s Laboratories Ltd 1.21Cadila Healthcare Ltd 0.80Torrent Pharmaceuticals Ltd 0.52Software 3.95Tata Consultancy Services Ltd 1.80Tech Mahindra Ltd 1.32Info Edge (India) Ltd 0.82Banks 3.66HDFC Bank Ltd 1.93Kotak Mahindra Bank Ltd 1.74Consumer Durables 2.11TTK Prestige Ltd 1.30Bata India Ltd 0.82Auto 1.94Maruti Suzuki India Ltd 1.94Construction Project 1.81Larsen & Toubro Ltd 1.81Auto Ancillaries 1.55Motherson Sumi Systems Ltd 1.55Chemicals 1.30Pidilite Industries Ltd 1.30Power 1.10Torrent Power Ltd 1.10Industrial Products 1.06Cummins India Ltd 1.06Transportation 0.99Blue Dart Express Ltd 0.99Cement 0.81Shree Cements Ltd 0.81Other Equity (less than 0.50% of the corpus) 1.16Net Current Assets 3.33




Option Record Date


unit (Cum Dividend)

NAV per unit (Ex

Dividend)


NAV per unit (Ex

Dividend) Individuals/

HUF Others Individuals/HUF Others

Annual Dividend

March 26, 2015 0.3629 0.3365 12.6035 12.1035 0.3629 0.3365 12.5849 12.0849March 25, 2014 0.3117 0.2985 10.9526 10.5526 - - - -March 25, 2013 0.7928 0.6795 10.9668 10.0668 - - - -March 26, 2012 0.4405 0.3775 10.6734 10.1734 - - - -

Half Yearly

Dividend

March 26, 2015 0.3629 0.3365 12.2152 11.7152 0.3629 0.3365 12.4039 11.9039September 25, 2014 0.3117 0.2985 11.0839 11.4839 0.3896 0.3732 11.0825 11.5825March 25, 2014 0.1948 0.1866 10.833 10.583 0.1948 0.1866 10.9151 10.6652September 25, 2013 0.1169 0.1119 10.3111 10.1611 0.1169 0.1119 10.3277 10.1777

QuarterlyDividend

March 26, 2015 0.1814 0.1682 11.7290 11.4790 0.1088 0.1009 12.8757 12.7257December 29, 2014 0.1815 0.1683 11.7391 11.4891 - - - -September 25, 2014 0.1948 0.1866 11.0171 11.2671 - - - -

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. Since inception returns for Axis Income Saver - Growth Option & Direct Plan - Growth Option are calculated from 16th July 2010 & 4th January 2013 respectively. Direct Plan was introduced on 1st January 2013.Jinesh Gopani manages 13 schemes & Kedar Karnik manages 23 schemes. Please refer to annexure on Page 17 & 18 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.

^ Certificate of Deposit/Commercial Paper/Treasury Bill

Equity

Ass

et C

lass

Credit Quality

Debt

Gold

High Mid Low

7


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

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

4.96%

29.65%

33.49%

31.90%

56.31%

5.72%

5.57%1.83%

0.75%0.16%

FUND STYLE

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Gilt Scheme

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

DATE OF ALLOTMENT23rd January 2012

FUND MANAGERDevang ShahWork experience: 11 years

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

LATEST NAV (`) Direct PlanGrowth 12.4848 12.6307Regular Dividend 10.2021 10.2229Half yearly Dividend 11.1423 11.2239


AVERAGE MATURITY10.5 years

MODIFIED DURATION6.8 years

YIELD TO MATURITY &

7.82%





Exit load - Nil

PORTFOLIO


High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low

& The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus.


Mar 30, 2012 to Mar 28, 2013

Mar 28, 2013 to Mar 28, 2014

Mar 28, 2014 to Mar 31, 2015

Since Inception

Current Value of Investment if `

10,000 was invested on inception date

Absolute Return (%)

Absolute Return (%)


Axis Constant Maturity 10 Year Fund - Growth 9.53% -0.23% 15.46% 7.21% 12,485Crisil 10 Year Gilt Index (Benchmark) 11.25% -1.01% 14.63% 7.24% 12,496Axis Constant Maturity 10 Year Fund - Direct Plan - Growth

- 0.22% 16.03% 7.74% 11,820

Crisil 10 Year Gilt Index (Benchmark) - -1.01% 14.63% 6.82% 11,595


Company Name Rating % of Assets Total Debt 93.97Government Bond 93.978.15% GOI SOVEREIGN 47.368.40% GOI SOVEREIGN 22.488.20% GOI SOVEREIGN 8.188.28% GOI SOVEREIGN 7.258.24% GOI SOVEREIGN 5.158.83% GOI SOVEREIGN 2.127.16% GOI SOVEREIGN 1.44Net Current Assets 6.03Monthly Average AUM (` in crores) 113.84

DIVIDENDS

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future.Face Value of units is ` 10Half yearly dividend disclosed above are since the inception of the fund. Regular dividends disclosed above are for the last 3 months.

Option Record Date


unit (Cum Dividend)

NAV per unit (Ex

Dividend)


NAV per unit (Ex


als/HUF Others

Half Yearly Dividend

March 26, 2015 0.1814 0.1682 11.3474 11.0974 0.1814 0.1682 11.4280 11.1780September 25, 2013 0.1948 - 10.1987 10.4487 0.1948 - 10.2492 10.4992 March 25, 2013 0.3964 - 10.5695 10.1195 - - - -

RegularDividend

March 25, 2015 0.1043 0.0967 10.3162 10.1726 0.1256 - 10.3657 10.1926February 25, 2015 0.1819 0.1686 10.5715 10.3209 0.2301 - 10.6839 10.3668January 27, 2015 0.0662 0.0614 10.6045 10.5133 0.0768 0.0713 10.6765 10.5706

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ̀ 10 invested at inception. Since inception returns for Axis Constant Maturity 10 Year Fund - Growth Option & Direct Plan - Growth Option are calculated from 23rd January 2012 & 1st January 2013 respectively. Direct Plan was introduced on 1st January 2013.Devang Shah manages 21 schemes. Please refer to annexure on Page 18 for performance of all schemes managed by the fund manager.

8


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

100.00%93.97%

6.03%

FUND STYLE

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Debt Scheme

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

DATE OF ALLOTMENT27th April 2011

FUND MANAGER

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

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

LATEST NAV (`) Direct PlanGrowth 14.2582 14.6817Quarterly Dividend 10.6911 11.0415Half Yearly Dividend 10.7840 11.0433

FUND SIZE (`) Monthly Average AUM 278.82 Crore

AVERAGE MATURITY*8.5 years

MODIFIED DURATION*4.9 years

YIELD TO MATURITY &

8.24%





Exit load - 1% if redeemed / switched - out within 3 years from the date of allotment

PORTFOLIO


High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low


Mar 30, 2012 to Mar 28, 2013

Mar 28, 2013 to Mar 28, 2014

Mar 28, 2014 to Mar 31, 2015

Since Inception



inception date

Absolute Return (%)

Absolute Return (%)


Axis Dynamic Bond Fund - Growth 10.43% 4.57% 14.25% 9.45% 14,258Crisil Composite Bond Fund Index (Benchmark) 9.24% 4.32% 14.67% 8.99% 14,025CRISIL 10 year Gilt Index (Additional Benchmark) 11.25% -1.01% 14.63% 7.04% 13,064Axis Dynamic Bond Fund - Direct Plan -Growth - 5.88% 15.93% 10.84% 12,598Crisil Composite Bond Fund Index (Benchmark) - 4.32% 14.67% 9.17% 12,177CRISIL 10 year Gilt Index (Additional Benchmark) - -1.01% 14.63% 6.82% 11,595


Total Debt 63.22Government Bond 39.018.15% GOI SOVEREIGN 15.388.28% GOI SOVEREIGN 5.739.20% GOI SOVEREIGN 5.248.24% GOI SOVEREIGN 4.329.23% GOI SOVEREIGN 3.868.17% GOI SOVEREIGN 2.808.20% GOI SOVEREIGN 0.698.83% GOI SOVEREIGN 0.368.35% GOI SOVEREIGN 0.348.60% GOI SOVEREIGN 0.29Corporate Bond 24.21Reliance Gas Transportation Infrastructure Ltd CRISIL AAA 6.66Power Grid Corporation of India Ltd CRISIL AAA 4.01

Power Finance Corporation Ltd CRISIL AAA 3.43IDFC Ltd. ICRA AAA 2.54Tata Steel Ltd CARE AA 1.83Rural Electrification Corporation Ltd CRISIL AAA 1.71Sesa Sterlite Ltd CRISIL AA+ 1.68Tata Power Company Ltd CRISIL AA- 1.41India Infrastructure Fin Co Ltd CRISIL AAA 0.94Total Money Market Instruments^ 31.68Banks 31.68Canara Bank CRISIL A1+ 8.41Bank of Maharashtra CRISIL A1+ 7.78Punjab & Sind Bank CRISIL A1+ 7.75Andhra Bank CARE A1+ 7.74Net Current Assets 5.10Monthly Average AUM (` in crores) 278.82




DIVIDENDS

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future.Face Value of units is ` 10Half Yearly Dividends disclosed above are for the last 2 Years. Quarterly Dividends disclosed above are for the last 3 quarters.* For instruments with put/call option, the put/call date has been taken as the maturity date.

Option Record Date


unit (Cum Dividend)

NAV per unit (Ex

Dividend)


NAV per unit (Ex



Half Yearly

Dividend

March 26, 2015 0.3629 0.3365 11.2365 10.7365 0.3629 0.3365 11.4928 10.9928September 25, 2014 0.3117 0.2985 10.0067 10.4067 0.3117 0.2985 10.172 10.572March 25, 2014 0.1948 0.1866 10.498 10.248 0.1948 0.1866 10.5741 10.324September 25, 2013 0.1861 0.1783 10.3133 10.0744 0.1948 0.1866 10.3313 10.0814

QuarterlyDividend

March 26, 2015 0.1814 0.1682 10.8939 10.6439 0.1814 0.1682 11.2410 10.9910December 29, 2014 0.1815 0.1683 10.8856 10.6356 0.1815 0.1683 11.1917 10.9417September 25, 2014 0.1948 0.1866 10.0765 10.3265 0.1948 0.1866 10.3264 10.5764

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. Since inception returns for Axis Dynamic Bond Fund - Growth Option & Direct Plan - Growth Option are calculated from 27th April 2011 & 1st January 2013 respectively. Direct Plan was introduced on 1st January 2013.R. Sivakumar manages 2 schemes & Devang Shah manages 18 & 19 schemes. Please refer to annexure on Page 17 & 18 for performance of all schemes managed by the fund managers.

9

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

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

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

39.01%

36.78%

24.21%

56.07%

39.01%

1.83%1.68%

1.41%

FUND STYLE


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

DATE OF ALLOTMENT28th March 2012

FUND MANAGER

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

LATEST NAV (`) Direct PlanGrowth 13.3255 13.5958Quarterly Dividend 10.7499 10.9896Half yearly Dividend 10.9381 -




YIELD TO MATURITY &

8.21%





Exit load - 1% if redeemed / switched - out within 12 months from the date of allotment (w.e.f. January 1, 2015).

PORTFOLIO

DIVIDENDS


High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low



Mar 30, 2012 to Mar 28, 2013

Mar 28, 2013 to Mar 28, 2014

Mar 28, 2014 to Mar 31, 2015

Since Inception



inception date

Absolute Return (%)

Absolute Return (%)


Axis Income Fund - Growth 10.48% 4.85% 15.04% 10.01% 13,326Crisil Composite Bond Fund Index (Benchmark) 9.24% 4.32% 14.67% 9.32% 13,074Crisil 10 Year Gilt Index (Additional Benchmark) 11.25% -1.01% 14.63% 8.18% 12,667Axis Income Fund - Direct Plan - Growth - 5.66% 16.34% 10.62% 12,520Crisil Composite Bond Fund Index (Benchmark) - 4.32% 14.67% 9.04% 12,125Crisil 10 Year Gilt Index (Additional Benchmark) - -1.01% 14.63% 6.51% 11,509


Total Debt 78.47Government Bond 48.518.15% GOI SOVEREIGN 17.908.28% GOI SOVEREIGN 12.829.20% GOI SOVEREIGN 7.189.23% GOI SOVEREIGN 2.858.12% GOI SOVEREIGN 1.757.16% GOI SOVEREIGN 1.668.24% GOI SOVEREIGN 1.278.17% GOI SOVEREIGN 1.038.60% GOI SOVEREIGN 1.018.35% GOI SOVEREIGN 0.768.83% GOI SOVEREIGN 0.26Corporate Bond 25.37Reliance Gas TransportationInfrastructure Ltd CRISIL AAA 6.37Power Grid Corporation of India Ltd CRISIL AAA 4.94



Option Record Date


unit (Cum Dividend)

NAV per unit (Ex

Dividend)


NAV per unit (Ex



Half Yearly

Dividend

March 26, 2015 0.3629 0.3365 11.3899 10.8899 - - - -September 25, 2014 0.3117 0.2985 10.1293 10.5293 - - - -March 25, 2014 0.1948 0.1866 10.5652 10.3152 - - - -September 25, 2013 0.1559 0.1493 10.2436 10.0436 - - - -

QuarterlyDividend

March 26, 2015 0.1814 0.1682 10.9525 10.7025 0.1814 0.1682 11.1897 10.9397December 29, 2014 0.1815 0.1683 10.9264 10.6764 0.1815 0.1683 11.1301 10.8801September 25, 2014 0.1948 0.1866 10.1121 10.3621 0.1948 0.1866 10.2754 10.5254

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. Since inception returns for Axis Income Fund - Growth Option & Direct Plan - Growth Option are calculated from 28th March 2012 & 7th January 2013 respectively. Direct Plan was introduced on 1st January 2013.Devang Shah manages 21 schemes. Please refer to annexure on Page 18 for performance of all schemes managed by the fund managers.

Credit Risk Rating[ICRA]AAAmfs$

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future.Face Value of units is ` 10Half yearly dividend disclosed above are since the inception of the fund. Quarterly dividends disclosed above are for the last 3 Quarters.* For instruments with put/call option, the put/call date has been taken as the maturity date.

10


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

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

Tata Power Company Ltd CRISIL AA- 4.67IDFC Ltd. ICRA AAA 3.75Rural Electrification Corporation Ltd CRISIL AAA 2.52Power Finance Corporation Ltd CRISIL AAA 1.32Hindalco Industries Ltd CRISIL AA 1.27Tata Steel Ltd CARE AA 0.54State Government Bond 4.608.58% Gujarat SDL SOVEREIGN 2.548.68% Gujarat SDL SOVEREIGN 2.06Total Money Market Instruments^ 18.47Banks 16.02Punjab & Sind Bank CRISIL A1+ 11.44Canara Bank CRISIL A1+ 4.59Treasury Bill 2.45364 Days Tbill SOVEREIGN 2.45Net Current Assets 3.06Monthly Average AUM (` in crores) 190.60

48.51%25.37%

21.53%

4.60%

55.55%37.97%

4.67% 1.81%

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Debt Scheme)

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. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

DATE OF ALLOTMENT15th July 2014

FUND MANAGER

Devang ShahWork experience: 11 years


Both have been managing this fund since inception.

LATEST NAV (`) Direct PlanGrowth 10.8220 10.8802Weekly Dividend 10.1556 10.1666Monthly Dividend 10.0871 10.0911




YIELD TO MATURITY&

9.03%




LOAD STRUCTUREEntry load - NA

Exit load - 1% if units are redeemed/ switched out within 1 year from the date of allotment. 0.50% if units are redeemed/ switched out within 1 - 2 years from the date of allotment. (w.e.f. 17th September 2014)


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

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


11

AXIS FIXED INCOME

OPPORTUNIT I ES

FUND

PORTFOLIOCompany Name Rating % of Assets Total Debt 63.86Corporate Bond 30.91LIC Housing Finance Ltd CRISIL AAA 8.74Power Finance Corporation Ltd CRISIL AAA 7.72Adani Ports and Special Economic Zone Ltd ICRA AA- 6.43Tata Sons Ltd CRISIL AAA 2.91SRF Ltd FITCH AA 2.60Bharat Aluminium Co Ltd. CRISIL AA- 2.51Government Bond 21.258.15% GOI SOVEREIGN 10.288.27% GOI SOVEREIGN 4.858.60% GOI SOVEREIGN 4.57

DIVIDENDS

Option Record Date


unit (Cum Dividend)

NAV per unit (Ex

Dividend)


NAV per unit (Ex



Monthly Dividend

March 25, 2015 0.0632 0.0586 10.1440 10.0569 0.0685 - 10.1538 10.0594February 25, 2015 0.0769 0.0713 10.2118 10.1057 0.082 - 10.2211 10.1081January 27, 2015 0.0641 0.0594 10.2453 10.1571 0.0683 - 10.2533 10.1592

Company Name Rating % of Assets 9.20% GOI SOVEREIGN 1.068.40% GOI SOVEREIGN 0.49Zero Coupon Bond 11.70Sprit Textile Pvt. Ltd. BWR A+(SO) 6.76Edelweiss Financial Services Ltd CARE AA 4.94Total Money Market Instruments^ 19.75Banks 13.17Canara Bank CRISIL A1+ 13.17Others 6.58SKS Microfinance Ltd CARE A1+ 6.58Net Current Assets 16.39Monthly Average AUM (` in crores) 102.19



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

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

36.14%

30.91%

21.25%

11.70%

55.51%

21.25%

8.94%

7.54%

6.76%

FUND STYLE


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

DATE OF ALLOTMENT22nd January 2010

FUND MANAGER



LATEST NAV (`) Direct Plan Retail PlanGrowth 15.1029 15.3907 14.9325Regular Dividend 10.1035 - -Monthly Dividend 10.1887 10.2347 10.0663




YIELD TO MATURITY &

8.54%


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



Exit load - 0.25% if units are redeemed/ switched out within 1 month from the date of allotment. (w.e.f. 17th September 2014)

PORTFOLIO

DIVIDENDS


High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low



Mar 30, 2012 to Mar 28, 2013

Mar 28, 2013 to Mar 28, 2014

Mar 28, 2014 to Mar 31, 2015

Since Inception



inception date

Absolute Return (%)

Absolute Return (%)


Axis Short Term Fund - Growth 10.10% 7.61% 9.96% 8.27% 15,103Crisil Short Term Bond Fund Index (Benchmark) 9.05% 8.78% 10.40% 8.17% 15,029Crisil 1 Year T-Bill Index (Additional Benchmark) 8.33% 5.77% 8.82% 6.51% 13,872Axis Short Term Fund - Direct Plan - Growth - 8.51% 10.92% 9.62% 12,289Crisil Short Term Bond Fund Index (Benchmark) - 8.78% 10.40% 9.43% 12,240Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.77% 8.82% 7.42% 11,743Axis Short Term Fund - Retail Plan - Growth 9.70% 7.62% 10.00% 8.21% 14,933Crisil Short Term Bond Fund Index (Benchmark) 9.05% 8.78% 10.40% 8.30% 14,998Crisil 1 Year T-Bill Index (Additional Benchmark) 8.33% 5.77% 8.82% 6.60% 13,838


Total Debt 71.13Corporate Bond 53.42Power Finance Corporation Ltd CRISIL AAA 12.31LIC Housing Finance Ltd CRISIL AAA 5.74HDFC Ltd CRISIL AAA 5.13Tata Sons Ltd CRISIL AAA 5.09Rural Electrification Corporation Ltd CRISIL AAA 5.04Shriram Transport Finance Company Ltd FITCH AA+ 3.07Cholamandalam Investmentand Finance Company Ltd ICRA AA 3.07Indiabulls Housing Finance Ltd CARE AAA 2.76Dewan Housing Finance Corporation Ltd CARE AAA 1.93Chennai Petroleum Corporation Ltd CRISIL AAA 1.92Power Grid Corporation of India Ltd CRISIL AAA 1.42Adani Ports and Special Economic Zone Ltd ICRA AA- 1.36Bharat Aluminium Co Ltd. CRISIL AA- 1.17Tata Motors Finance Ltd CRISIL AA 0.92LIC Housing Finance Ltd CARE AAA 0.58Sundaram Finance Ltd ICRA AA+ 0.38Sesa Sterlite Ltd CRISIL AA+ 0.38Shriram Transport Finance Company Ltd CRISIL AA 0.31Hindustan Petroleum Corporation Ltd CRISIL AAA 0.27NABARD CRISIL AAA 0.23Tata Motors Ltd CARE AA+ 0.16IDFC Ltd. ICRA AAA 0.09Tata Capital Financial Services Ltd ICRA AA+ 0.08

Government Bond 10.778.27% GOI SOVEREIGN 5.048.40% GOI SOVEREIGN 2.188.15% GOI SOVEREIGN 2.058.28% GOI SOVEREIGN 0.599.20% GOI SOVEREIGN 0.438.24% GOI SOVEREIGN 0.398.12% GOI SOVEREIGN 0.08Zero Coupon Bond 6.95Dewan Housing Finance Corporation Ltd CARE AAA 4.08Shriram Transport Finance Company Ltd FITCH AA+ 2.70Indiabulls Housing Finance Ltd CARE AAA 0.17Total Money Market Instruments^ 28.56Banks 26.40Canara Bank CRISIL A1+ 9.79Oriental Bank of Commerce CRISIL A1+ 3.56Corporation Bank CRISIL A1+ 3.55Andhra Bank CARE A1+ 3.54Punjab & Sind Bank ICRA A1+ 2.83Vijaya Bank CARE A1+ 1.77Indusind Bank Ltd CRISIL A1+ 1.35Others 2.16Shapoorji Pallonji and Company Private Ltd ICRA A1+ 1.79Bajaj Finance Ltd CRISIL A1+ 0.37Net Current Assets 0.30Monthly Average AUM (` in crores) 1,389.59



Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. Since inception returns for Axis Short Term Fund - Growth Option, Direct Plan & Retail Plan - Growth Option are calculated from 22nd January 2010, 1st January 2013 & 2nd March 2010 respectively. Retail Plan was introduced on 2nd March 2010. and has been discontinued from 1st 2012. Direct Plan was introduced on 1st January 2013.Devang Shah manages 21 schemes. Please refer to annexure on Page 18 for performance of all schemes managed by the fund manager.


Option Record Date

Retail Plan Direct PlanDividend (` Per unit) NAV per

unit (Cum Dividend

NAV per unit (Ex

Dividend)


NAV per unit (Ex

Dividend)


NAV per unit (Ex

Dividend)Individuals/

HUF Others Individuals/ HUF Others Individuals/

HUF Others

MontlyDividend

Mar 25, 2015 0.0479 0.0444 10.2230 10.1570 0.0478 0.0443 10.1009 10.0350 0.0439 0.0407 10.2622 10.2017Feb 25, 2015 0.0568 0.0527 10.2531 10.1748 0.0580 0.0538 10.1332 10.0532 0.0611 0.0567 10.2926 10.2083Jan 27, 2015 0.0649 0.0602 10.2947 10.2053 0.0671 0.0599 10.1674 10.0784 0.0630 0.0584 10.2897 10.2028


Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future.Face Value of units is ` 10Dividends disclosed above are for the past 3 months. * For instruments with put/call option, the put/call date has been taken as the maturity date.

12


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

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

53.42%28.87%

10.77%

6.95%

75.62%

10.77%

6.78%

4.30% 2.54%

FUND STYLE


To generate stable returns by investing predominantly in debt & money market instruments issued by banks.

DATE OF ALLOTMENT8th June 2012

FUND MANAGER



LATEST NAV (`) Direct PlanGrowth 1278.4589 1283.8282Daily Dividend 1005.2037 1005.2037 Weekly Dividend 1007.0571 1007.0612Monthly Dividend 1007.4993 1007.5241


AVERAGE MATURITY334 days

MODIFIED DURATION318 days

YIELD TO MATURITY &

8.27%





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

PORTFOLIO

DIVIDENDS


High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future.Face Value of units is ` 1000Dividends disclosed above are for the past 3 months.


Mar 28, 2013 to Mar 28, 2014

Mar 28, 2014 to Mar 31, 2015

Since Inception



inception dateAbsolute Return (%) Absolute Return

(%) CAGR (%)

Axis Banking Debt Fund - Growth 9.37% 9.21% 9.13% 12,785Crisil Short Term Bond Fund Index (Benchmark) 8.78% 10.40% 9.39% 12,868Crisil 1 Year T-Bill Index (Additional Benchmark) 5.77% 8.82% 7.47% 12,246Axis Banking Debt Fund - Direct Plan - Growth 9.57% 9.42% 9.24% 12,194Crisil Short Term Bond Fund Index (Benchmark) 8.78% 10.40% 9.43% 12,240Crisil 1 Year T-Bill Index (Additional Benchmark) 5.77% 8.82% 7.42% 11,743


Total Money Market Instruments^ 99.47Banks 99.47Canara Bank CRISIL A1+ 20.38Andhra Bank CARE A1+ 19.07Oriental Bank of Commerce CRISIL A1+ 15.61ICICI Bank Ltd ICRA A1+ 12.50Indusind Bank Ltd CRISIL A1+ 7.72Corporation Bank CRISIL A1+ 6.91Bank of Maharashtra CRISIL A1+ 5.19Punjab & Sind Bank CRISIL A1+ 3.45Bank of India CRISIL A1+ 3.45Punjab & Sind Bank ICRA A1+ 2.42Dena Bank CRISIL A1+ 1.73Vijaya Bank CARE A1+ 1.03Net Current Assets 0.53Monthly Average AUM (` in crores) 1,058.85


Option Record Date


unit (Cum Dividend)

NAV per unit (Ex

Dividend)


NAV per unit (Ex



MonthlyDividend

Mar 25, 2015 4.9763 - 1,010.7947 1,003.9392 5.0551 - 1,010.9004 1,003.9383Feb 25, 2015 5.0682 - 1,010.9212 1,003.9390 5.1688 - 1,011.0593 1,003.9381Jan 27, 2015 5.1449 - 1,011.0266 1,003.9389 5.0405 - 1,010.8834 1,003.9381

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 1,000 invested at inception. Since inception returns for Axis Banking Debt Fund - Growth Option & Direct Plan - Growth Option are calculated from 8th June 2012 & 1st January 2013 respectively. Direct Plan was introduced on 1st January 2013.Kedar Karnik manages 23 schemes. Please refer to annexure on Page 18-19 for performance of all schemes managed by the fund manager.


^ Certificate of Deposit


13


¢ ICRA A1+ / CRISIL A1+ / CARE A1+ & Equivalent¢ Total Money Market Instruments^ ^ Includes Net Current Assets

100.00%

100.00%

FUND STYLE


To provide optimal returns and liquidity to the investors by investing primarily in a mix of money market and short term debt instruments which results in a portfolio having marginally higher maturity as compared to a liquid fund at the same time maintaining a balance between safety and liquidity. However, there can be no assurance that the investment objective of the Scheme will be achieved.

DATE OF ALLOTMENT9th October 2009

FUND MANAGER


He has been managing this fund since 28th September 2012.

LATEST NAV (`) Direct Plan Retail PlanGrowth 1551.2666 1565.9930 1477.2522Daily Dividend 1003.8293 1004.6832 1003.1060Weekly Dividend 1004.1332 1005.3675 1003.8884Monthly Dividend 1004.9082 1005.0068 1004.8090


AVERAGE MATURITY*206 days

MODIFIED DURATION*193 days

YIELD TO MATURITY &

8.83%





Exit load - Nil

PORTFOLIO


High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 1000Dividends disclosed above are for the past 3 months. * For instruments with put/call option, the put/call date has been taken as the maturity date.


Mar 30, 2012 to Mar 28, 2013

Mar 28, 2013 to Mar 28, 2014

Mar 28, 2014 to Mar 31, 2015

Since Inception



inception date

Absolute Return (%)

Absolute Return (%)


Axis Treasury Advantage Fund - Growth 9.32% 9.68% 8.56% 8.35% 15,513

Crisil Liquid Fund Index (Benchmark) 8.17% 9.46% 9.06% 7.82% 15,102

Crisil 1 Year T-Bill Index (Additional Benchmark) 8.33% 5.77% 8.82% 6.31% 13,979

Axis Treasury Advantage Fund - Direct Plan - Growth - 10.04% 9.18% 9.49% 12,256

Crisil Liquid Fund Index (Benchmark) - 9.46% 9.06% 9.11% 12,162

Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.77% 8.82% 7.42% 11,743

Axis Treasury Advantage Fund - Retail Plan - Growth 8.43% 8.73% 7.87% 7.98% 14,773

Crisil Liquid Fund Index (Benchmark) 8.17% 9.46% 9.06% 8.20% 14,923

Crisil 1 Year T-Bill Index (Additional Benchmark) 8.33% 5.77% 8.82% 6.60% 13,838


Total Debt 30.45Corporate Bond 9.39Export Import Bank of India CRISIL AAA 6.55India Infoline Finance Ltd ICRA AA 2.84Zero Coupon Bond 21.06Edelweiss Financial Services Ltd CARE AA 7.31Religare Finvest Ltd ICRA AA- 7.31India Infoline Finance Ltd ICRA AA 3.77Sprit Textile Pvt. Ltd. BWR A+(SO) 2.67Total Money Market Instruments^ 70.56Banks 45.46Canara Bank CRISIL A1+ 11.27Vijaya Bank CARE A1+ 11.14Karur Vysya Bank Ltd CRISIL A1+ 6.91Oriental Bank of Commerce CRISIL A1+ 6.91UCO Bank CRISIL A1+ 4.62Dena Bank FITCH A1+ 4.61

Others 24.77Dewan Housing Finance Corporation Ltd CRISIL A1+ 6.91JM Financial Products Ltd CRISIL A1+ 6.85Talwandi Sabo Power Ltd CRISIL A1+ 5.54Talwandi Sabo Power Ltd FITCH A1+ 3.23Housing Development Finance Corporation Ltd ICRA A1+ 2.23Treasury Bill 0.34364 Days Tbill SOVEREIGN 0.34Net Current Assets -1.01Monthly Average AUM (` in crores) 1,250.98



Credit Risk Rating[ICRA]A1+mfs^

DIVIDENDS

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 1,000 invested at inception. Since inception returns for Axis Treasury Advantage Fund – Growth, Direct Plan - Growth & Retail Plan - Growth Option are calculated from 9th October 2009, 1st January 2013 & 3rd March 2010 respectively. Retail Plan was introduced on 3rd March 2010 and has been discontinued from 1st October 2012. Direct Plan was introduced on 1st January 2013.Kedar Karnik manages 23 schemes. Please refer to annexure on Page 18-19 for performance of all schemes managed by the fund manager.

Option Record Date


unit (Cum Dividend

NAV per unit (Ex

Dividend)


NAV per unit (Ex

Dividend)


NAV per unit (Ex



HUF Others

MontlyDividend

Mar 25, 2015 4.4229 4.1017 1,008.2717 1,002.1785 4.0862 - 1,007.8076 1,002.1784 4.7585 4.4183 1,008.7333 1,002.1778Feb 25, 2015 4.2528 3.9439 1,008.0371 1,002.1783 3.9110 - 1,007.5661 1,002.1781 4.5617 4.2258 1,008.4621 1,002.1777Jan 27, 2015 5.3551 4.9661 1,009.5554 1,002.1781 4.2660 - 1,008.0544 1,002.1776 5.0101 4.6462 1,009.0797 1,002.1775



14


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

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

69.55%

21.06%

9.39%

75.77%

13.92%

7.31%2.67% 0.34%

FUND STYLE

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Liquid Scheme

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

DATE OF ALLOTMENT9th October 2009

FUND MANAGER



LATEST NAV (`) Direct Plan Retail PlanGrowth 1548.8024 1551.0657 1494.4614Daily Dividend 1000.3396 1000.3232 1000.3232Weekly Dividend 1002.6565 1002.6583 1000.7630 Monthly Dividend 1001.9109 1001.8621 1001.7724


AVERAGE MATURITY47 days

MODIFIED DURATION45 days

YIELD TO MATURITY &

8.74%




Exit load - Nil

PORTFOLIO


High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low

Please note that after the payment of dividend, the NAV falls to the extent of dividend, distribution tax and cess wherever applicable.Past performance may or may not be sustained in future. Face Value of units is ` 1000Dividends disclosed above are for the past 3 months.



Total Debt 2.95Corporate Bond 2.95HDFC Ltd CRISIL AAA 2.24Cholamandalam Investment and Finance Company Ltd ICRA AA 0.48IDFC Ltd. ICRA AAA 0.22Total Money Market Instruments^ 108.60Banks 42.52Punjab & Sind Bank ICRA A1+ 10.20IDBI Bank Ltd CRISIL A1+ 5.90Vijaya Bank CARE A1+ 5.22Karur Vysya Bank Ltd CRISIL A1+ 3.32Canara Bank CRISIL A1+ 2.68Allahabad Bank ICRA A1+ 2.33RBL Bank Limited ICRA A1+ 2.21Oriental Bank of Commerce CRISIL A1+ 2.20Andhra Bank CARE A1+ 2.11Bank of Baroda ICRA A1+ 1.77Union Bank of India CRISIL A1+ 1.67Punjab & Sind Bank CRISIL A1+ 1.11Dena Bank FITCH A1+ 1.00UCO Bank CRISIL A1+ 0.56IDBI Bank Ltd ICRA A1+ 0.11Indusind Bank Ltd ICRA A1+ 0.11Others 51.94Export Import Bank of India CRISIL A1+ 8.53SREI Equipment Finance Ltd CARE A1+ 4.44India Infoline Finance Ltd CRISIL A1+ 4.43Talwandi Sabo Power Ltd CRISIL A1+ 4.35Ranbaxy Laboratories Ltd CARE A1+ 4.33

HDFC Ltd ICRA A1+ 3.88Edelweiss Commodities Ltd CRISIL A1+ 3.44Religare Finvest Ltd FITCH A1+ 3.33Dewan Housing Finance Corporation Ltd CRISIL A1+ 2.78Edelweiss Financial Services Ltd CRISIL A1+ 2.78Indiabulls Housing Finance Ltd CRISIL A1+ 2.22Talwandi Sabo Power Ltd FITCH A1+ 2.10Shapoorji Pallonji andCompany Private Ltd ICRA A1+ 1.11India Infoline Finance Ltd ICRA A1+ 1.11Religare Finvest Ltd ICRA A1+ 1.11Power Finance Corporation Ltd CARE A1+ 0.56JM Financial Services Ltd CRISIL A1+ 0.55Piramal Enterprises Ltd ICRA A1+ 0.22Vodafone India Ltd ICRA A1+ 0.11ICICI Sec Primary Dealership Ltd. CRISIL A1+ 0.11Trapti Trading & Invest Pvt Ltd ICRA A1+ 0.11Turquoise Invest & Finance Pvt Ltd CRISIL A1+ 0.11IndoStar Capital Finance Pvt Ltd CRISIL A1+ 0.11Vodafone India Ltd CRISIL A1+ 0.11Treasury Bill 14.1491 Days Tbill SOVEREIGN 9.48364 Days Tbill SOVEREIGN 4.1191 Days Tbill SOVEREIGN 0.56Net Current Assets -11.55Monthly Average AUM (` in crores) 7,200.82



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

DIVIDENDS

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 1,000 invested at inception.Since inception returns for Axis Liquid Fund Plan - Growth Option, Retail Plan - Growth Option & Direct Plan - Growth Option are calculated from 9th October 2009, 1st March 2010 & 31st December 2012 respectively. Retail Plan was introduced on 1st March 2010 and has been discontinued from 1st October 2012. Direct Plan was introduced on 31st December 2012.Devang Shah manages 21 schemes. Please refer to annexure on Page 18 for performance of all schemes managed by the fund manager.

Option Record Date


unit (Cum Dividend

NAV per unit (Ex

Dividend)


NAV per unit (Ex

Dividend)


NAV per unit (Ex



HUF Others

MontlyDividend

Mar 25, 2015 4.7371 4.3931 1,006.6667 1,000.1386 4.4564 - 1,006.2237 1,000.0822 4.7699 - 1,006.6539 1,000.0805Feb 25, 2015 4.8101 4.4607 1,006.7653 1,000.1386 4.5200 - 1,006.3086 1,000.0821 4.8444 - 1,006.7546 1,000.0805Jan 27, 2015 5.3746 4.9843 1,007.5430 1,000.1386 5.0542 - 1,006.7810 1,000.0819 5.2105 - 1,007.2586 1,000.0805


15


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

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

SCHEME PERFORMANCE (as on 31st March 2015) 7 Days 15 Days 30 Days

Mar 30, 2012to

Mar 31, 2013

Mar 31, 2013to

Mar 31, 2014

Mar 31, 2014to

Mar 31, 2015

SinceInception

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

dateAnnualised Return (%) Annualised

Return (%)Annualised Return (%)

Annualised Return (%) CAGR (%)

Axis Liquid Fund - Growth 11.01% 9.89% 9.36% 9.36% 9.32% 8.99% 8.32% 15,488Crisil Liquid Fund Index (Benchmark) 14.59% 10.93% 10.01% 8.17% 9.54% 8.98% 7.82% 15,102Crisil 1 Year T-Bill Index (Additional Benchmark) 18.70% 15.80% 12.06% 8.33% 5.84% 8.74% 6.31% 13,979Axis Liquid Fund - Direct Plan - Growth 11.08% 9.95% 9.43% - 9.39% 9.06% 9.19% 12,185Crisil Liquid Fund Index (Benchmark) 14.59% 10.93% 10.01% - 9.54% 8.98% 9.11% 12,164Crisil 1 Year T-Bill Index (Additional Benchmark) 18.70% 15.80% 12.06% - 5.84% 8.74% 7.43% 11,748Axis Liquid Fund - Retail Plan - Growth 10.46% 9.34% 8.81% 8.91% 8.77% 8.45% 8.22% 14,945Crisil Liquid Fund Index (Benchmark) 14.59% 10.93% 10.01% 8.17% 9.54% 8.98% 8.20% 14,927Crisil 1 Year T-Bill Index (Additional Benchmark) 18.70% 15.80% 12.06% 8.33% 5.84% 8.74% 6.60% 13,840

85.37%

14.14%0.48%

97.05%

2.95%

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended arbitrage fund)

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

DATE OF ALLOTMENT14th August 2014

FUND MANAGER

Pankaj MurarkaWork experience: 16 years


Both have been managing this fund since inception.






LOAD STRUCTUREEntry load - NA

Exit load - 0.50% will be charged if units are redeemed/switched out within 90 days from the date of investment/ allotment.


16

AXIS ENHANCED

ARBITRAGE FUND

PORTFOLIO

Total Hedged Equity 67.50

HDFC Bank Ltd 9.73

Tech Mahindra Ltd 7.94

UPL Limited 7.58

ICICI Bank Ltd 7.56

Reliance Industries Ltd 7.38

IDFC Ltd. 7.03

Hero MotoCorp Ltd 6.90

Aurobindo Pharma Ltd 3.48

Wipro Ltd 2.36

Syndicate Bank Ltd 1.52

Glenmark Pharmaceuticals Ltd 1.30

Adani Port and Special Economic Zone Ltd 1.15


Company Name % of Assets Arvind Ltd 0.79

Tata Motors Ltd DVR Shares 0.76

Titan Company Limited 0.68

Adani Power Ltd 0.65

Biocon Ltd 0.64

Apollo Tyres Ltd 0.05

Debt, Cash & Other Receivables 32.50



Option Record Date


unit (Cum Dividend)

NAV per unit (Ex

Dividend)


NAV per unit (Ex


als/HUF Others

DividendMarch 26, 2015 0.05 0.05 10.3739 10.3239 0.05 - 10.5169 10.4669

March 09, 2015 0.10 0.10 10.4559 10.3559 - - - -


ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 31st March 2015)

Mar 30, 2012 to Mar 28, 2013

Absolute Return (%)

Mar 28, 2013 to Mar 31, 2014 Absolute Return

(%)

Mar 31, 2014 to Mar 31, 2015

Absolute Return (%)

Since Inception CAGR (%)

Current Value of Investment if ` 10,000

was invested on inception date

Date of inception

Funds managed by Pankaj MurarkaAxis Equity Fund - Growth 17.10% 19.80% 34.30% 13.60% 19,500

05-Jan-10CNX Nifty (Benchmark) 7.31% 17.98% 26.65% 9.51% 16,088S&P BSE Sensex (Additional Benchmark) 8.23% 18.85% 24.89% 9.14% 15,807Axis Equity Fund - Direct Plan - Growth - 21.00% 36.08% 24.71% 16,412

01-Jan-13CNX Nifty (Benchmark) - 17.98% 26.65% 17.17% 14,269S&P BSE Sensex (Additional Benchmark) - 18.85% 24.89% 17.20% 14,278Axis Midcap Fund - Growth 15.30% 24.98% 64.29% 25.03% 25,070

18-Feb-11S&P BSE Midcap (Benchmark) -3.22% 15.32% 49.55% 11.93% 15,900CNX Nifty (Additional Benchmark) 7.31% 17.98% 26.65% 11.33% 15,554Axis Midcap Fund - Direct Plan - Growth - 26.08% 67.12% 32.57% 18,824

01-Jan-13S&P BSE Midcap (Benchmark) - 15.32% 49.55% 18.79% 14,716CNX Nifty (Additional Benchmark) - 17.98% 26.65% 17.17% 14,269

Funds managed by Sudhanshu AsthanaAxis Focused 25 Fund - Growth - 12.06% 42.09% 23.70% 17,960

29-Jun-12CNX Nifty (Benchmark) - 17.98% 26.65% 18.84% 16,085S&P BSE 200 (Additional Benchmark) - 17.19% 31.93% 20.07% 16,545Axis Focused 25 Fund - Direct Plan - Growth - 13.29% 44.02% 22.60% 15,798

01-Jan-13CNX Nifty (Benchmark) - 17.98% 26.65% 17.17% 14,269S&P BSE 200 (Additional Benchmark) - 17.19% 31.93% 17.87% 14,461Axis Triple Advantage Fund - Growth # 9.88% 5.92% 16.40% 9.50% 15,191

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

6.92% 4.99% 12.63% 8.77% 14,726

CRISIL 10 year Gilt Index (Additional Benchmark) 11.25% -0.96% 14.57% 6.87% 13,577Axis Triple Advantage Fund - Direct Plan Growth # - 6.73% 17.95% 9.44% 12,243

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

- 4.99% 12.63% 6.67% 11,560

CRISIL 10 year Gilt Index (Additional Benchmark) - -0.96% 14.57% 6.82% 11,595Axis Capital Protection Oriented Fund - Series 4 # 4.24% 16.01% 19.36% 12.36% 14,429

07-Feb-12Crisil MIP Blended Fund Index (Benchmark) 9.06% 6.44% 16.54% 10.27% 13,600Crisil 1 Year T-Bill Index (Additional Benchmark) 8.33% 5.77% 8.82% 7.63% 12,602Axis Capital Protection Oriented Fund - Series 5 # - 10.31% 19.44% 14.42% 13,833

02-Nov-12Crisil MIP Blended Fund Index (Benchmark) - 6.44% 16.54% 10.70% 12,773Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.77% 8.82% 7.48% 11,897

Funds managed by Jinesh GopaniAxis Long Term Equity Fund - Growth* 13.14% 35.40% 62.03% 24.07% 31,063

29-Dec-09S&P BSE 200 (Benchmark) 6.03% 17.19% 31.93% 9.71% 16,271CNX Nifty (Additional Benchmark) 7.31% 17.98% 26.65% 9.83% 16,367Axis Long Term Equity Fund - Direct Plan - Growth* - 36.76% 64.51% 40.42% 21,419

01-Jan-13S&P BSE 200 (Benchmark) - 17.19% 31.93% 17.87% 14,461CNX Nifty (Additional Benchmark) - 17.98% 26.65% 17.17% 14,269Axis Income Saver - Growth # 7.26% 9.16% 19.71% 9.44% 15,296

16-Jul-10Crisil MIP Blended Fund Index (Benchmark) 9.06% 6.44% 16.54% 8.71% 14,818CRISIL 10 year Gilt Index (Additional Benchmark) 11.25% -1.01% 14.63% 6.33% 13,354Axis Income Saver - Direct Plan - Growth # - 10.22% 21.71% 13.83% 13,359

04-Jan-13Crisil MIP Blended Fund Index (Benchmark) - 6.44% 16.54% 10.33% 12,457CRISIL 10 year Gilt Index (Additional Benchmark) - -1.01% 14.63% 6.62% 11,540Axis Hybrid Fund - Series 5 - Growth # - - 15.88% 16.05% 12,845

25-Jul-13Crisil MIP Blended Fund Index (Benchmark) - - 16.54% 13.54% 12,381Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.82% 8.67% 11,502Axis Hybrid Fund - Series 5 - Direct Plan - Growth # - - 16.95% 17.15% 13,050

25-Jul-13Crisil MIP Blended Fund Index (Benchmark) - - 16.54% 13.54% 12,381Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.82% 8.67% 11,502Axis Hybrid Fund - Series 6 - Growth # - - 18.16% 19.20% 13,296

16-Aug-13Crisil MIP Blended Fund Index (Benchmark) - - 16.54% 16.21% 12,759Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.82% 8.87% 11,478Axis Hybrid Fund - Series 6 - Direct Plan - Growth # - - 19.26% 20.36% 13,505

16-Aug-13Crisil MIP Blended Fund Index (Benchmark) - - 16.54% 16.21% 12,759Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.82% 8.87% 11,478Axis Hybrid Fund - Series 7 - Growth # - - 18.38% 19.36% 13,197

05-Sep-13Crisil MIP Blended Fund Index (Benchmark) - - 16.54% 15.00% 12,449Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.82% 8.65% 11,389Axis Hybrid Fund - Series 7 - Direct Plan - Growth # - - 19.47% 20.55% 13,403

05-Sep-13Crisil MIP Blended Fund Index (Benchmark) - - 16.54% 15.00% 12,449Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.82% 8.65% 11,389

Funds managed by R.SivakumarAxis Triple Advantage Fund - Growth # 9.88% 5.92% 16.40% 9.50% 15,191

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

6.92% 4.99% 12.63% 8.77% 14,726

CRISIL 10 year Gilt Index (Additional Benchmark) 11.25% -0.96% 14.57% 6.87% 13,577Axis Triple Advantage Fund - Direct Plan Growth # - 6.73% 17.95% 9.44% 12,243

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

- 4.99% 12.63% 6.67% 11,560

CRISIL 10 year Gilt Index (Additional Benchmark) - -0.96% 14.57% 6.82% 11,595Axis Dynamic Bond Fund - Growth 10.43% 4.57% 14.25% 9.45% 14,258

27-Apr-11Crisil Composite Bond Fund Index (Benchmark) 9.24% 4.32% 14.67% 8.99% 14,025Crisil 10 Year Gilt Index (Additional Benchmark) 11.25% -1.01% 14.63% 7.04% 13,064

* An open ended equity linked savings scheme with a 3 year lock-in. Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Above data excludes schemes which have not completed a year. W.e.f January 1st, 2013, Axis Short Term Fund – Institutional Plan, Axis Treasury Advantage Fund – Institutional Plan & Axis Liquid Fund – Institutional Plan have been renamed Axis Short Term Fund, Axis Treasury Advantage Fund & Axis Liquid Fund respectively. The above data excludes performance of direct plans of schemes which have not completed a year.

17

Mar 30, 2012 to Mar 28, 2013

Absolute Return (%)

Mar 28, 2013 to Mar 31, 2014 Absolute Return

(%)

Mar 31, 2014 to Mar 31, 2015

Absolute Return (%)




Date of inception

Axis Dynamic Bond Fund - Direct Plan - Growth - 5.88% 15.93% 10.84% 12,59801-Jan-13Crisil Composite Bond Fund Index (Benchmark) - 4.32% 14.67% 9.17% 12,177

Crisil 10 Year Gilt Index (Additional Benchmark) - -1.01% 14.63% 6.82% 11,595Funds managed by Devang Shah

Axis Constant Maturity 10 Year Fund - Growth 9.53% -0.23% 15.46% 7.21% 12,485 23-Jan-12Crisil 10 Year Gilt Index (Benchmark) 11.25% -1.01% 14.63% 7.24% 12,496Axis Constant Maturity 10 Year Fund - Direct Plan - Growth - 0.22% 16.03% 7.74% 11,820 01-Jan-13Crisil 10 Year Gilt Index (Benchmark) - -1.01% 14.63% 6.82% 11,595Axis Dynamic Bond Fund - Growth 10.43% 4.57% 14.25% 9.45% 14,258

27-Apr-11Crisil Composite Bond Fund Index (Benchmark) 9.24% 4.32% 14.67% 8.99% 14,025Crisil 10 Year Gilt Index (Additional Benchmark) 11.25% -1.01% 14.63% 7.04% 13,064Axis Dynamic Bond Fund - Direct Plan - Growth - 5.88% 15.93% 10.84% 12,598

01-Jan-13Crisil Composite Bond Fund Index (Benchmark) - 4.32% 14.67% 9.17% 12,177Crisil 10 Year Gilt Index (Additional Benchmark) - -1.01% 14.63% 6.82% 11,595Axis Income Fund - Growth 10.48% 4.85% 15.04% 10.01% 13,326

28-Mar-12Crisil Composite Bond Fund Index (Benchmark) 9.24% 4.32% 14.67% 9.32% 13,074Crisil 10 Year Gilt Index (Additional Benchmark) 11.25% -1.01% 14.63% 8.18% 12,667Axis Income Fund - Direct Plan - Growth - 5.66% 16.34% 10.62% 12,520

07-Jan-13Crisil Composite Bond Fund Index (Benchmark) - 4.32% 14.67% 9.04% 12,125Crisil 10 Year Gilt Index (Additional Benchmark) - -1.01% 14.63% 6.51% 11,509Axis Short Term Fund - Growth 10.10% 7.61% 9.96% 8.27% 15,103

22-Jan-10Crisil Short Term Bond Fund Index (Benchmark) 9.05% 8.78% 10.40% 8.17% 15,029Crisil 1 Year T-Bill Index (Additional Benchmark) 8.33% 5.77% 8.82% 6.51% 13,872Axis Short Term Fund - Direct Plan - Growth - 8.51% 10.92% 9.62% 12,289

01-Jan-13Crisil Short Term Bond Fund Index (Benchmark) - 8.78% 10.40% 9.43% 12,240Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.77% 8.82% 7.42% 11,743Axis Short Term Fund - Retail Plan - Growth 9.70% 7.62% 10.00% 8.21% 14,933

02-Mar-10Crisil Short Term Bond Fund Index (Benchmark) 9.05% 8.78% 10.40% 8.30% 14,998Crisil 1 Year T-Bill Index (Additional Benchmark) 8.33% 5.77% 8.82% 6.60% 13,838Axis Liquid Fund - Growth 9.36% 9.32% 8.99% 8.32% 15,488

09-Oct-09Crisil Liquid Fund Index (Benchmark) 8.17% 9.54% 8.98% 7.82% 15,102Crisil 1 Year T-Bill Index (Additional Benchmark) 8.33% 5.84% 8.74% 6.31% 13,979Axis Liquid Fund - Direct Plan - Growth - 9.39% 9.06% 9.19% 12,185

31-Dec-12Crisil Liquid Fund Index (Benchmark) - 9.54% 8.98% 9.11% 12,164Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.84% 8.74% 7.43% 11,748Axis Liquid Fund - Retail Plan - Growth 8.91% 8.77% 8.45% 8.22% 14,945

01-Mar-10Crisil Liquid Fund Index (Benchmark) 8.17% 9.54% 8.98% 8.20% 14,927Crisil 1 Year T-Bill Index (Additional Benchmark) 8.33% 5.84% 8.74% 6.60% 13,840Axis Hybrid Fund - Series 5 - Growth - - 15.88% 16.05% 12,845

25-Jul-13Crisil MIP Blended Fund Index (Benchmark) - - 16.54% 13.54% 12,381Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.82% 8.67% 11,502Axis Hybrid Fund - Series 5 - Direct Plan - Growth - - 16.95% 17.15% 13,050

25-Jul-13Crisil MIP Blended Fund Index (Benchmark) - - 16.54% 13.54% 12,381Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.82% 8.67% 11,502Axis Hybrid Fund - Series 6 - Growth - - 18.16% 19.20% 13,296

16-Aug-13Crisil MIP Blended Fund Index (Benchmark) - - 16.54% 16.21% 12,759Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.82% 8.87% 11,478Axis Hybrid Fund - Series 6 - Direct Plan - Growth - - 19.26% 20.36% 13,505

16-Aug-13Crisil MIP Blended Fund Index (Benchmark) - - 16.54% 16.21% 12,759Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.82% 8.87% 11,478Axis Hybrid Fund - Series 7 - Growth # - - 18.38% 19.36% 13,197

05-Sep-13Crisil MIP Blended Fund Index (Benchmark) - - 16.54% 15.00% 12,449Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.82% 8.65% 11,389Axis Hybrid Fund - Series 7 - Direct Plan - Growth # - - 19.47% 20.55% 13,403

05-Sep-13Crisil MIP Blended Fund Index (Benchmark) - - 16.54% 15.00% 12,449Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.82% 8.65% 11,389 Axis Capital Protection Oriented Fund - Series 4 # 4.24% 16.01% 19.36% 12.36% 14,429

07-Feb-12Crisil MIP Blended Fund Index (Benchmark) 9.06% 6.44% 16.54% 10.27% 13,600Crisil 1 Year T-Bill Index (Additional Benchmark) 8.33% 5.77% 8.82% 7.63% 12,602Axis Capital Protection Oriented Fund - Series 5 # - 10.31% 19.44% 14.42% 13,833

02-Nov-12Crisil MIP Blended Fund Index (Benchmark) - 6.44% 16.54% 10.70% 12,773Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.77% 8.82% 7.48% 11,897

Funds managed by Kedar KarnikAxis Income Saver - Growth # 7.26% 9.16% 19.71% 9.44% 15,296

16-Jul-10Crisil MIP Blended Fund Index (Benchmark) 9.06% 6.44% 16.54% 8.71% 14,818Crisil 10 Year Gilt Index (Additional Benchmark) 11.25% -1.01% 14.63% 6.33% 13,354Axis Income Saver - Direct Plan - Growth # - 10.22% 21.71% 13.83% 13,359

04-Jan-13Crisil MIP Blended Fund Index (Benchmark) - 6.44% 16.54% 10.33% 12,457Crisil 10 Year Gilt Index (Additional Benchmark) - -1.01% 14.63% 6.62% 11,540Axis Banking Debt Fund - Growth - 9.37% 9.21% 9.13% 12,785

08-Jun-12Crisil Short Term Bond Fund Index (Benchmark) - 8.78% 10.40% 9.39% 12,868Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.77% 8.82% 7.47% 12,246

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

$ Rating Details (Axis Income Fund, Axis Short Term Fund & Axis Banking Debt Fund)Schemes with this rating are considered to have the highest degree of safety regarding timely receipt of payments from the investments that they have made. This rating should however, not be construed as an indication of the performance of the Mutual Fund scheme or of volatility in its returns. The rating should not be treated as a recommendation to buy, sell or hold units issued by the Mutual Fund.

^ Rating Details (Axis Treasury Advantage Fund and Axis Liquid Fund)Schemes with this rating are considered to have very strong degree of safety regarding timely receipt of payments from the investments that they have made. This rating should however, not be construed as an indication of the performance of the Mutual Fund scheme or of volatility in its returns. The rating should not be treated as a recommendation to buy, sell or hold units issued by the Mutual Fund.

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


19

PRODUCT LABELS

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

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

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

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

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

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

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

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

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

Note Risk is represented as:¢ (BLUE) investors understand that their principal will at low risk¢ (YELLOW) investors understand that their principal will at medium risk¢ (BROWN) investors understand that their principal will at high risk

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

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

AXIS BANKING DEBT FUND This product is suitable for investors who are seeking*l Regular income over short to medium terml Investment in debt and money market instruments issued by banksl Low risk ¢ (BLUE)

AXIS TREASURY ADVANTAGE FUND This product is suitable for investors who are seeking*l Regular income over short terml Investment in debt and money market instrumentsl Low risk ¢ (BLUE)

AXIS LIQUID FUND This product is suitable for investors who are seeking*l Regular income over short terml Investment in debt and money market instrumentsl Low risk ¢ (BLUE)

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

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

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

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

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

Mar 30, 2012 to Mar 28, 2013

Absolute Return (%)

Mar 28, 2013 to Mar 31, 2014

Absolute Return (%)

Mar 31, 2014 to Mar 31, 2015

Absolute Return (%)




Date of inception

Axis Banking Debt Fund - Direct Plan - Growth - 9.57% 9.42% 9.24% 12,19401-Jan-13Crisil Short Term Bond Fund Index (Benchmark) - 8.78% 10.40% 9.43% 12,240

Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.77% 8.82% 7.42% 11,743Axis Treasury Advantage Fund - Growth 9.32% 9.68% 8.56% 8.35% 15,513

09-Oct-09Crisil Liquid Fund Index (Benchmark) 8.17% 9.46% 9.06% 7.82% 15,102Crisil 1 Year T-Bill Index (Additional Benchmark) 8.33% 5.77% 8.82% 6.31% 13,979Axis Treasury Advantage Fund - Direct Plan - Growth - 10.04% 9.18% 9.49% 12,256

01-Jan-13Crisil Liquid Fund Index (Benchmark) - 9.46% 9.06% 9.11% 12,162Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.77% 8.82% 7.42% 11,743Axis Treasury Advantage Fund - Retail Plan - Growth 8.43% 8.73% 7.87% 7.98% 14,773

03-Mar-10Crisil Liquid Fund Index (Benchmark) 8.17% 9.46% 9.06% 8.20% 14,923Crisil 1 Year T-Bill Index (Additional Benchmark) 8.33% 5.77% 8.82% 6.60% 13,838Axis Gold ETF 3.71% -7.90% -6.32% 4.81% 12,291 10-Nov-10Domestic Price of Gold 2.59% -10.77% -5.23% 3.93% 11,842Additional Benchmark Not ApplicableAxis Gold Fund 3.96% -5.19% -13.52% -2.90% 9,035 20-Oct-11Domestic Price of Gold 2.59% -10.77% -5.23% -2.70% 9,101Additional Benchmark Not ApplicableAxis Gold Fund - Direct Plan - -3.97% -12.18% -8.76% 8,140 01-Jan-13Domestic Price of Gold - -10.77% -5.23% -9.03% 8,086Additional Benchmark Not Applicable

# Scheme Performance may not be strictly comparable with that of its additional benchmark in view of hybrid nature of the scheme.

sip performance of select schemes - advisorkhoj.com filesip performance of select schemes ... axis...

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