Axis Focused 25 Fund - Relative Positioning

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Active R

etu

rns

Active Risk

Index

funds

Large cap

diversified funds

Axis Focused

25 Fund

Mid cap

funds

Sector

Funds

Axis Mutual Fund

Axis Focused 25 Fund: Positioning

Axis Mutual Fund 3

1

2

4

Pure bottom-up, best-ideas approach with high

active allocation relative to the benchmark while

maintaining prudent diversification

Active high conviction

investing strategy

Risk management

embedded in the investment

process

Note: Current Portfolio Allocation is based on the prevailing market conditions and is subject to changes depending on the fund manager’s view of the equity markets

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Concentrated focus on

sustainable businesses

Compact yet diversified portfolio with 25 stocks

Focused towards Higher ROE, Low Beta

Target for companies that deliver ROE / ROCE’s over the medium to long term on

a continuous basis

Typically avoid PSUs Aims for lower standard

deviation and beta with tight tracking error

Only for internal training purpose

Positioning

Can participate in opportunities across the spectrum

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Invests in up to 25 companies where the fund manager has high conviction

NIFTY 500 Index ( 501 stocks – Market Cap in INR crores)

Largest Market Cap Smallest Market Cap

591

200th Stock

11,15028,163 8,124779,576

Large Cap Mid Cap

Aims to primarily invest upto 90% of its equity allocation in the top 200 stocks by market capitalization*

Source: Bloomberg *Note: Current Portfolio Allocation is based on the prevailing market conditions and is subject to changes depending on the fund manager’s view of the equity markets. NIFTY 500 is used only for

illustrative purposes only. The benchmark of the scheme is NIFTY 50. Above numbers are average of last 4 quarters ending 31st Mar 2019.

Axis Mutual Fund

Portfolio Strategy – Designed for risk adjusted returns over market cycles

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The manager looks at 3 broad buckets while constructing the portfolio.

50-60%

Core Portfolio

Steady compounders generating reasonable returns with low volatility

Horizon: Medium term (3-5 years).

20-25%

Focus on alpha

Companies having cyclical tailwind

Horizon: 18-24 months

20-25%

Emerging themes

Generating break-out growth going forward.

Horizon : Long term 5+ years

Note: Current Portfolio Allocation is based on the prevailing market conditions and is subject to changes depending on the fund manager’s view of the equity markets

Axis Mutual Fund

Key Portfolio Characteristics

Axis Mutual Fund 7

Source : ValueFY, ACEMF.

Current Portfolio Allocation is based on the prevailing market conditions and is subject to changes depending on the fund manager’s view of the equity markets. Market Caps are based on SEBIAMFI guidelines on market capitalization. Past performance may or may not be sustained in the future. Stock(s) / Issuer(s)/ Top stocks with increased or decreased exposure mentioned aboveare for the purpose of disclosure of the portfolio of the Scheme(s) and should not be construed as recommendation to buy/sell/ hold. The fund manager(s) may or may not choose to hold thestock mentioned, from time to time.

28th June 2019

Portfolio Characteristics 28th Jun 19

No. of Stocks 24

Market Cap Mix

Large cap – 77%

Midcap – 18%

Smallcap – 2%

Top 10 stocks (% of portfolio) 66%

Matched Portfolio 37%

Stocks outside Benchmark 14 stocks (36%)

Top 5 stocks outside benchmark Weight

Pidilite Industries Limited 5.3%

Avenue Supermarts Limited 4.7%

Supreme Industries Limited 4.7%

Info Edge (India) Limited 4.6%

Gruh Finance Limited 3.1%

Current Portfolio Allocation is based on the prevailing market conditions and is subject to changes depending on the fund manager’s view of the equity markets. Past performance may or may

not be sustained in the future. Sector(s) / Stock(s) / Issuer(s) mentioned above are for the purpose of disclosure of the portfolio of the Scheme(s) and should not be construed as

recommendation. The fund manager(s) may or may not choose to hold the stock mentioned, from time to time. Investors are requested to consult their financial, tax and other advisors before

taking any investment decision(s).

Benchmark agnostic portfolio (28th June 2019)

8Axis Mutual Fund

-8.1%

-3.6%

-3.0%

-2.2%

-1.8%

-1.8%

-1.1%

-0.7%

0.2%

0.8%

2.1%

2.9%

3.6%

5.8%

6.8%

Oil & Gas

Metal,Metal Products & Mining

Infrastructure & Power

Healthcare Services

Telecom

Information Technology

Media & Publishing

Agro Inputs & Chemicals

Cash

Cement & Building Materials

Autos & Logistics

Cash Equivalents

Consumer

Capital Goods, Engineering & Construction

Finance

Sector Overweight/Underweight

Portfolio & Risk Parameters (28th June 19)

Current Portfolio Allocation is based on the prevailing market conditions and is subject to changes depending on the fund manager’s v iew of the equity markets. Past performance may or may not be sustained in

the future. Sector(s) / Stock(s) / Issuer(s) mentioned above are for the purpose of disclosure of the portfolio of the Scheme(s) and should not be construed as recommendation. The fund manager(s) may or may not

choose to hold the stock mentioned, from time to time. Investors are requested to consult their financial, tax and other advisors before taking any investment decision(s).

9Axis Mutual Fund

Axis Mutual Fund 10

SIP Performance – 28th June 2019

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Axis Focused 25 Fund – Growth (Inception: 29th June 2012)

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

Total Amount Invested 840,000 600,000 360,000 120,000

Market value as on June 28, 2019 1,433,269 837,690 431,951 126,470

Returns (Annualised) % 15.03% 13.36% 12.28% 10.34%

Benchmark Returns (Annualised) % 12.94% 11.67% 12.78% 12.43%

Additional Benchmark Returns (Annualised) % 12.88% 10.96% 10.43% 8.80%

Above investment simulation is for illustration purpose only and should not be construed as a promise on minimum returns and safeguard of capital. Above calculation is based on Regular Plan - Growth Option NAV.

Assuming Rs. 10,000 invested 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 TRI. Additional Benchmark: S&P BSE 200 TRI. Inception Date: Jun 29, 2012. This scheme is managed by Jinesh Gopani. Please refer to the Annexure for returns of all

the schemes managed by him. SIP returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return). The performance given above is for Other than Direct Plan

unless specified.

Axis Mutual Fund

^ An open ended equity linked savings scheme with a 3 year lock-in. @@The performance data for 5 years period has not been provided for scheme/plan not in existence for 5 years. @The performance data for 3

years period has not been provided for scheme/plan not in existence for 3 years. The above data excludes performance of all schemes which have not completed a year. Data as on 28th June 2019. Past

performance may or may not be sustained in future. Calculations are based on Regular Plan Growth Option NAV unless specified for direct plan. Since inception returns are calculated on Rs.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 Axis Long Term Equity Fund since 1st April 2011, Axis

Focused 25 Fund since 7th June 2016, Axis Emerging Opportunities Series 1 and Series 2 and Axis Growth Opportunities Fund since inception. The performance given above is for Other than Direct Plan unless

specified.

Annexure

12

1 Year 3 Years@ 5 Years@@ Since Inception

Fund Name

Date of

inception CAGR (%)

Current

Value of

Investment

Rs. 10,000 CAGR (%)

Current

Value of

Investment

Rs. 10,000 CAGR (%)

Current

Value of

Investment

Rs. 10,000 CAGR (%)

Current

Value of

Investment

Rs. 10,000

FUNDS MANAGED BY JINESH GOPANI (TOTAL SCHEMES MANAGED: 5 SCHEMES)

Axis Long Term Equity Fund - Growth

29-Dec-09

6.68% 10,668 13.39% 14,568 14.81% 19,944 17.39% 45,875

S&P BSE 200 TRI (Benchmark) 8.24% 10,824 13.34% 14,551 10.99% 16,840 10.52% 25,868

Nifty 50 TRI (Additional Benchmark) 11.39% 11,139 13.93% 14,777 10.53% 16,490 10.36% 25,516

Axis Long Term Equity Fund - Direct Plan - Growth

01-Jan-13

7.77% 10,777 14.60% 15,039 16.11% 21,096 20.25% 33,105

S&P BSE 200 TRI (Benchmark) 8.24% 10,824 13.34% 14,551 10.99% 16,840 12.93% 22,012

Nifty 50 TRI (Additional Benchmark) 11.39% 11,139 13.93% 14,777 10.53% 16,490 12.50% 21,480

Axis Focused 25 Fund - Growth

29-Jun-12

4.34% 10,434 15.90% 15,555 14.36% 19,555 16.19% 28,590

Nifty 50 TRI (Benchmark) 11.39% 11,139 13.93% 14,777 10.53% 16,490 13.55% 24,336

S&P BSE 200 TRI (Additional Benchmark) 8.24% 10,824 13.34% 14,551 10.99% 16,840 14.23% 25,371

Axis Focused 25 Fund - Direct Plan - Growth

01-Jan-13

5.74% 10,574 17.31% 16,131 15.81% 20,821 16.23% 26,535

Nifty 50 TRI (Benchmark) 11.39% 11,139 13.93% 14,777 10.53% 16,490 12.50% 21,480

S&P BSE 200 TRI (Additional Benchmark) 8.24% 10,824 13.34% 14,551 10.99% 16,840 12.93% 22,012

Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Regular Plan -

Growth29-Dec-16

1.59% 10,159 NA NA NA NA 8.08% 12,140

S&P BSE MidCap TRI (Benchmark) -3.14% 9,686 NA NA NA NA 10.24% 12,755

Nifty 50 TRI (Additional Benchmark) 11.39% 11,139 NA NA NA NA 17.75% 15,036

Axis Emerging Opportunities Fund - Series 1 (1400 Days) - Direct Plan - Growth29-Dec-16

3.03% 10,303 NA NA NA NA 9.70% 12,600

S&P BSE MidCap TRI (Benchmark) -3.14% 9,686 NA NA NA NA 10.24% 12,755

Nifty 50 TRI (Additional Benchmark) 11.39% 11,139 NA NA NA NA 17.75% 15,036

Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Regular Plan -

Growth27-Feb-17

1.04% 10,104 NA NA NA NA 6.85% 11,670

S&P BSE MidCap TRI (Benchmark) -3.14% 9,686 NA NA NA NA 5.01% 11,206

Nifty 50 TRI (Additional Benchmark) 11.39% 11,139 NA NA NA NA 14.40% 13,684

Axis Emerging Opportunities Fund - Series 2 (1400 Days) - Direct Plan - Growth27-Feb-17

2.46% 10,246 NA NA NA NA 8.44% 12,080

S&P BSE MidCap TRI (Benchmark) -3.14% 9,686 NA NA NA NA 5.01% 11,206

Nifty 50 TRI (Additional Benchmark) 11.39% 11,139 NA NA NA NA 14.40% 13,684

Product Labelling

Fund Name Riskometer Product Labelling

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*

• Capital appreciation over long term

• 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*

• Capital appreciation & generating income over long

term

• Investment in a diversified portfolio predominantly

consisting of equity and equity related instruments.

This product is suitable for investors who are seeking*

• Capital appreciation over long term

• Investment in a diversified portfolio of equity and

equity related instruments of midcap companies

Axis Emerging Opportunities Fund –

Series 1 & 2 (1400 Days)(A Close ended equity fund)

13Axis Mutual Fund

Statutory Details and Risk Factors

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Data updated as on 28th June 2019

Disclaimer: Past performance may or may not be sustained in the future. Sector(s) / Stock(s) / Issuer(s) mentioned above are for the

purpose of disclosure of the portfolio of the Scheme(s) and should not be construed as recommendation. The fund manager(s) may or may

not choose to hold the stock mentioned, from time to time.

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 Rs. 1 Lakh). Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. (the

AMC). Risk Factors: Axis Bank Limited is not liable or responsible for any loss or shortfall resulting from the operation of the scheme.

This document represents the views of Axis Asset Management Co. Ltd. and must not be taken as the basis for an investment decision.

Neither Axis Mutual Fund, Axis Mutual Fund Trustee Limited nor Axis Asset Management Company Limited, its Directors or associates

shall be liable for any damages including lost revenue or lost profits that may arise from the use of the information contained herein. No

representation or warranty is made as to the accuracy, completeness or fairness of the information and opinions contained herein. The

AMC reserves the right to make modifications and alterations to this statement as may be required from time to time.

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

Thank you