Investment in ELSS falls under Sec 80C of the Income Tax Act. … · 2015-08-05 · Investment in ELSS falls under Sec 80C of the Income Tax Act. Now you can invest up to Rs. 1.5

*Investment in ELSS falls under Sec 80C of the Income Tax Act. Now you can invest up to Rs. 1.5

lakhs and save tax upto Rs. 46,350. Based on FY 15-16 for Indian residents below the age of

60, tax savings may very depending on the applicable tax slab

1

SIP Performance of Select Schemes (as on 30th June 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) 66,000 36,000 24,000 12,000

Market value as on June 30, 2015 (Rs) 1,38,973.26 61,353.86 35,341.57 13,271.20

Returns (Annualised) 27.28% 38.01% 42.44% 20.37%

Benchmark Returns (Annualised) 13.18% 18.97% 20.59% 5.01%

Additional Benchmark Returns (Annualised) 12.42% 16.69% 16.99% 2.23%

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 & Sudhanshu Asthana. Please refer to the Annexure for returns of all the schemes managed by him.







Axis Midcap Fund - Growth Option

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



Market value as on June 30, 2015 (Rs) 50,859.22 50,859.22 31,265.02 13,132.96




Axis Focused 25 Fund - Growth Option

^Past performance may or may not be sustained in future. Returns greater than 1 year period are compounded annualized. Benchmark: 35% 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 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 Income Saver - Growth Option







FUND STYLE

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

DATE OF ALLOTMENT5th January 2010

FUND MANAGER

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

LATEST NAV (`) Direct PlanGrowth 19.94 20.52 Dividend 15.55 15.97

FUND SIZE (`)Monthly Average AUM 1,879.49 Crore

STATISTICAL MEASURES (3 years)Standard deviation 13.05Beta 0.94Sharpe Ratio* 1.25

Direct PlanStandard deviation 13.64%Beta 0.95Sharpe Ratio* 1.28*Risk-free rate assumed to be 7.5752%(364 days Treasury Bill yield on 31-07-15)

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 July 2015. Source: ACEMF

PORTFOLIO TURNOVER* (1 year)0.41 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 22.85HDFC Bank Ltd 8.16ICICI Bank Ltd 4.28Kotak Mahindra Bank Ltd 3.64State Bank of India 3.40DCB Bank Ltd 1.74The Federal Bank Ltd 1.63Software 10.57Infosys Ltd 4.24Tata Consultancy Services Ltd 3.62Oracle Financial Services Software Ltd 1.59CMC Ltd 1.12Auto 9.88Tata Motors Ltd 3.93Maruti Suzuki India Ltd 3.63Mahindra & Mahindra Ltd 2.32Construction Project 8.07Larsen & Toubro Ltd 6.58Voltas Ltd 1.50Finance 6.19HDFC Ltd 4.64CRISIL Ltd 1.55Pharmaceuticals 6.19Sun Pharmaceuticals Industries Ltd 3.19Torrent Pharmaceuticals Ltd 1.81Sanofi India Ltd 1.18Petroleum Products 5.66Reliance Industries Ltd 4.65Gulf Oil Lubricants India Ltd 1.01Media & Entertainment 5.02Zee Entertainment Enterprises Ltd 5.02

Consumer Non Durables 4.54ITC Ltd 1.88United Spirits Ltd 1.65Colgate Palmolive (India) Ltd 1.01Telecom - Services 3.95Bharti Airtel Ltd 3.95Industrial Capital Goods 2.63Thermax Ltd 1.59Bharat Electronics Ltd 1.04Gas 2.56Gujarat State Petronet Ltd 1.50Indraprastha Gas Ltd 1.07Industrial Products 2.27Cummins India Ltd 1.57SKF India Ltd 0.70Services 1.73Aditya Birla Nuvo Ltd 1.73Power 1.15Torrent Power Ltd 1.15Transportation 0.93Gujarat Pipavav Port Ltd 0.93Consumer Durables 0.91Bata India Ltd 0.91Chemicals 0.78Tata Chemicals Ltd 0.78Auto Ancillaries 0.55Motherson Sumi Systems Ltd 0.55Other Equity (less than 0.50% of the corpus) 1.56Total Equity 98.01Cash & Other Receivables 1.99Monthly Average AUM (` in crores) 1,879.49

Company Name % of Assets


PORTFOLIO

DIVIDENDS

FACTSHEET31st July 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 23.18Software 11.04Auto 9.88Construction Project 8.07Pharmaceuticals 6.63Finance 6.19Petroleum Products 5.66Media & Entertainment 5.02Consumer Non Durables 4.54Telecom - Services 4.27Industrial Capital Goods 2.63Gas 2.56Industrial Products 2.27Services 1.73Power 1.15Transportation 0.93Consumer Durables 0.91Chemicals 0.78Auto Ancillaries 0.55

¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢

SCHEME PERFORMANCE (as on 30th June 2015)

Jun 29, 2012 to Jun 28, 2013

Jun 28, 2013 to Jun 30, 2014

Jun 30, 2014 to Jun 30, 2015

Since Inception

Current Value of Investment if

` 10,000 wasinvested on

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

Axis Equity Fund - Growth 19.90% 36.22% 12.83% 12.79% 19,350CNX Nifty (Benchmark) 10.67% 30.28% 9.95% 8.77% 15,856S&P BSE Sensex (Additional Benchmark) 11.28% 31.03% 9.31% 8.58% 15,708Axis Equity Fund - Direct Plan - Growth - 37.49% 14.18% 21.74% 16,330CNX Nifty (Benchmark) - 30.28% 9.95% 14.65% 14,063S&P BSE Sensex (Additional Benchmark) - 31.03% 9.31% 15.06% 14,188

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

LATEST NAV (`) Direct PlanGrowth 18.48 19.06 Dividend 16.67 18.87

FUND SIZE (`)Monthly Average AUM 307.17 Crore

STATISTICAL MEASURES (Since Inception)Standard deviation 13.36%Beta 0.95Sharpe Ratio* 1.14








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

Finance 15.58HDFC Ltd 7.38Gruh Finance Ltd 4.36Bajaj Finance Ltd 3.83Banks 15.32HDFC Bank Ltd 7.69Kotak Mahindra Bank Ltd 4.90DCB Bank Ltd 2.73Software 9.36Tata Consultancy Services Ltd 5.03Wipro Ltd 4.33Auto 8.98Tata Motors Ltd 5.28Hero MotoCorp Ltd 3.71Media & Entertainment 8.50Dish TV India Ltd 4.96Zee Entertainment Enterprises Ltd 3.54Industrial Capital Goods 6.44Siemens Ltd 3.57Thermax Ltd 2.87Construction Project 6.00Larsen & Toubro Ltd 6.00

Consumer Non Durables 4.82Jubilant Foodworks Ltd 4.82Pharmaceuticals 4.38Lupin Ltd 4.38Industrial Products 4.33Cummins India Ltd 3.07AIA Engineering Ltd 1.26Cement 4.25Grasim Industries Ltd 4.25Textile Products 3.70Page Industries Ltd 3.70Transportation 2.18Gateway Distriparks Ltd 2.18Retailing 2.12Trent Ltd 2.12Auto Ancillaries 1.56Motherson Sumi Systems Ltd 1.56Non - Ferrous Metals 1.41Hindustan Zinc Ltd 1.41Total Equity 98.93Cash & Other Receivables 1.07Monthly Average AUM (` in crores) 307.17



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 (%) Finance 15.58Banks 15.32Software 9.36Auto 8.98Media & Entertainment 8.50Industrial Capital Goods 6.44Construction Project 6.00Consumer Non Durables 4.82Pharmaceuticals 4.38Industrial Products 4.33Cement 4.25Textile Products 3.70Transportation 2.18Retailing 2.12Auto Ancillaries 1.56Non - Ferrous Metals 1.41

¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢

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



Jun 29, 2012 to Jun 28, 2013

Jun 28, 2013 to Jun 30, 2014

Jun 30, 2014 to Jun 30, 2015

Since Inception



inception dateAbsolute Return

(%)Absolute Return

(%)Absolute Return

(%)CAGR

(%)

Axis Focused 25 Fund - Growth 15.95% 26.14% 23.87% 21.87% 18,110

CNX Nifty (Benchmark) 10.70% 30.28% 9.95% 16.58% 15,853

S&P BSE 200 (Additional Benchmark) 8.71% 34.45% 12.01% 17.83% 16,367

Axis Focused 25 Fund - Direct Plan - Growth - 27.44% 25.57% 20.76% 16,003

CNX Nifty (Benchmark) - 30.28% 9.95% 14.65% 14,063

S&P BSE 200 (Additional Benchmark) - 34.45% 12.01% 15.44% 14,305

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

LATEST NAV (`) Direct PlanGrowth 31.45 32.47Dividend 23.01 27.66


STATISTICAL MEASURES (3 years)Standard deviation 13.06%Beta 0.88Sharpe Ratio* 2.09





MINIMUM INVESTMENT AMOUNT (`)500/500


MINIMUM SIP INSTALLMENT AMOUNT (`)500/500

LOAD STRUCTUREEntry load - Not applicableExit load - Nil

Finance 14.90HDFC Ltd 5.29Multi Commodity Exchange of India Ltd 2.77Gruh Finance Ltd 2.44Bajaj Finance Ltd 2.29Sundaram Finance Ltd 2.12Banks 14.68HDFC Bank Ltd 8.36Kotak Mahindra Bank Ltd 6.32Software 12.20Tata Consultancy Services Ltd 6.58Tech Mahindra Ltd 3.92Info Edge (India) Ltd 1.70Pharmaceuticals 10.51Sun Pharmaceuticals Industries Ltd 5.09Divi’s Laboratories Ltd 2.12Cadila Healthcare Ltd 1.57IPCA Laboratories Ltd 1.17Ttk Healthcare Ltd 0.56Consumer Durables 6.63TTK Prestige Ltd 3.48Bata India Ltd 1.85Symphony Ltd 1.29Auto Ancillaries 6.53Motherson Sumi Systems Ltd 2.95Wabco India Ltd 1.81Bosch Ltd 1.77Auto 6.41Maruti Suzuki India Ltd 3.94

Eicher Motors Ltd 2.47Construction Project 5.70Larsen & Toubro Ltd 5.70Industrial Products 3.91Cummins India Ltd 3.06Astral Poly Technik Ltd 0.85Chemicals 3.50Pidilite Industries Ltd 3.50Pesticides 2.84PI Industries Ltd 2.84Consumer Non Durables 2.36Nestle India Ltd 2.36Transportation 2.34Blue Dart Express Ltd 1.72Gujarat Pipavav Port Ltd 0.62Power 1.79Torrent Power Ltd 1.79Industrial Capital Goods 1.38Siemens Ltd 1.38Telecom - Equipment & Accessories 0.94Astra Microwave Products Ltd 0.94Textile Products 0.93Page Industries Ltd 0.93Other Equity (less than 0.50% of the corpus) 0.22Total Equity 97.76Debt, Cash & Other Receivables 2.24Monthly Average AUM (` in crores) 5,682.75



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


Jun 29, 2012 to Jun 28, 2013

Jun 28, 2013 to Jun 30, 2014

Jun 30, 2014 to Jun 30, 2015

Since Inception



inception date

Absolute Return (%)

Absolute Return (%)

Absolute Return (%) CAGR (%)

Axis Long Term Equity Fund - Growth 15.88% 54.91% 33.43% 22.60% 30,692S&P BSE 200 (Benchmark) 8.69% 34.45% 12.01% 9.03% 16,096CNX Nifty (Additional Benchmark) 10.67% 30.28% 9.95% 9.08% 16,131Axis Long Term Equity Fund - Direct Plan - Growth - 56.74% 35.23% 35.23% 21,221S&P BSE 200 (Benchmark) - 34.45% 12.01% 15.44% 14,305CNX Nifty (Additional Benchmark) - 30.28% 9.95% 14.65% 14,063



Value

Inve

stm

ent S

tyle

Blend

Growth

4

SECTOR ALLOCATION (%) Finance 14.90Banks 14.68Software 12.20Pharmaceuticals 10.51Consumer Durables 6.63Auto Ancillaries 6.53Auto 6.41Construction Project 5.70Industrial Products 3.91Chemicals 3.50Pesticides 2.84Consumer Non Durables 2.36Transportation 2.34Power 1.79Industrial Capital Goods 1.38Telecom - Equipment & Accessories 0.94Textile Products 0.93Hotels, Resorts And Other Recreational Activities 0.22

¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢

Pharmaceuticals 12.94Sanofi India Ltd 3.29Pfizer Ltd 2.81Torrent Pharmaceuticals Ltd 2.13Alembic Pharmaceuticals Ltd 1.66Cadila Healthcare Ltd 1.57IPCA Laboratories Ltd 1.48Finance 12.12SKS Microfinance Ltd 3.32Sundaram Finance Ltd 3.13Multi Commodity Exchange of India Ltd 2.19ICRA Ltd 2.04CRISIL Ltd 1.43Banks 9.50DCB Bank Ltd 4.03The Federal Bank Ltd 3.33City Union Bank Ltd 2.14Chemicals 6.60Tata Chemicals Ltd 4.20BASF India Ltd 1.45Pidilite Industries Ltd 0.94Auto 6.27Eicher Motors Ltd 2.17SML Isuzu Ltd 2.14VST Tillers Tractors Ltd 1.96Software 6.15Ramco Systems Ltd 2.67NIIT Technologies Ltd 2.45Info Edge (India) Ltd 1.03Media & Entertainment 4.26Dish TV India Ltd 2.49Ortel Communications Limited 0.94Entertainment Network (India) Ltd 0.83Gas 4.25Gujarat State Petronet Ltd 2.83Indraprastha Gas Ltd 1.42Construction Project 4.22Voltas Ltd 2.97Sadbhav Engineering Ltd 1.25

Industrial Capital Goods 3.88Thermax Ltd 2.06Alstom T&D India Ltd 1.82Transportation 3.85Gujarat Pipavav Port Ltd 2.21Gateway Distriparks Ltd 1.65Consumer Non Durables 3.75Britannia Industries Ltd 1.60Colgate Palmolive (India) Ltd 1.47VST Industries Ltd 0.68Services 3.46Aditya Birla Nuvo Ltd 3.46Consumer Durables 2.82Bata India Ltd 1.59Whirlpool of India Ltd 1.23Industrial Products 2.76FAG Bearings India Ltd 1.66SKF India Ltd 1.10Petroleum Products 2.37Gulf Oil Lubricants India Ltd 2.37Construction 2.10ITD Cementation India Ltd 1.10Puravankara Projects Ltd 1.00Hotels, Resorts And Other Recreational Activities 2.02Mahindra Holidays & Resorts India Ltd 2.02Power 1.82Torrent Power Ltd 1.82Auto Ancillaries 1.53Amara Raja Batteries Ltd 1.53Pesticides 1.04UPL Limited 1.04Total Equity 97.72Cash & Other Receivables 2.28Monthly Average AUM (` in crores) 1,241.00



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.


Jun 29, 2012 to Jun 28, 2013

Jun 28, 2013 to Jun 30, 2014

Jun 30, 2014 to Jun 30, 2015

Since Inception




(%)Absolute Return

(%)Absolute Return

(%) CAGR (%)

Axis Midcap Fund - Growth 14.69% 69.01% 25.67% 24.14% 25,700S&P BSE Midcap (Benchmark) 10.56% 39.08% 22.32% 14.15% 17,818CNX Nifty (Additional Benchmark) 10.67% 30.28% 9.95% 10.28% 15,330Axis Midcap Fund - Direct Plan - Growth - 71.28% 27.34% 30.33% 19,357S&P BSE Midcap (Benchmark) - 39.08% 22.32% 18.52% 15,275CNX Nifty (Additional Benchmark) - 30.28% 9.95% 14.65% 14,063


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 12.94Finance 12.12Banks 9.50Chemicals 6.60Auto 6.27Software 6.15Media & Entertainment 4.26Gas 4.25Construction Project 4.22Industrial Capital Goods 3.88Transportation 3.85Consumer Non Durables 3.75Services 3.46Consumer Durables 2.82Industrial Products 2.76Petroleum Products 2.37Construction 2.10Hotels, Resorts And Other Recreational Activities 2.02Power 1.82Auto Ancillaries 1.53Pesticides 1.04

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.

Sudhanshu AsthanaWork experience: 15 yearsHe has been managing this fund since 8th May 2015



STATISTICAL MEASURES (3 years)Standard deviation 18.41%Beta 1.02Sharpe Ratio* 1.64

Direct Plan Standard deviation 19.49% Beta 1.07 Sharpe Ratio* 1.68

*Risk-free rate assumed to be 7.5752%(364 days Treasury Bill yield on 31-07-15)







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


FUND SIZE (`) Monthly Average AUM 443.40 Crore

AVERAGE MATURITY@*10 years

MODIFIED DURATION@*6.1 years

YIELD TO MATURITY &

8.78%




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

PORTFOLIO

DIVIDENDS


Equity

Ass

et C

lass

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.


Jun 29, 2012 to Jun 28, 2013

Jun 28, 2013 to Jun 30, 2014

Jun 30, 2014 to Jun 30, 2015

Since Inception



inception date

Absolute Return (%)

Absolute Return (%)


Axis Triple Advantage Fund - Growth 4.02% 15.56% 9.71% 8.97% 15,17635% of CNX Nifty + 35% of Crisil Composite Bond Fund Index + 30% Of INR Price of Gold (Benchmark)

1.45% 15.52% 6.06% 8.36% 14,764

CRISIL 10 year Gilt Index (Additional Benchmark) 12.10% -2.47% 11.76% 6.50% 13,578Axis Triple Advantage Fund - Direct Plan Growth - 17.05% 10.78% 8.58% 12,27935% of CNX Nifty + 35% of Crisil Composite Bond Fund Index + 30% Of INR Price of Gold (Benchmark)

- 15.52% 6.06% 6.10% 11,590

CRISIL 10 year Gilt Index (Additional Benchmark) - -2.47% 11.76% 6.12% 11,596


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 32.52Corporate Bond 19.78Reliance Gas Transportation Infrastructure Ltd CRISIL AAA 7.32Rural Electrification Corporation Ltd CRISIL AAA 4.55Hindalco Industries Ltd CRISIL AA 3.46Tata Power Company Ltd CRISIL AA- 2.87Power Finance Corporation Ltd CRISIL AAA 0.85India Infrastructure Fin Co Ltd CRISIL AAA 0.63The Indian Hotels Company Ltd CARE AA+ 0.11Government Bond 12.749.20% GOI SOVEREIGN 4.758.40% GOI SOVEREIGN 4.468.24% GOI SOVEREIGN 1.177.88% GOI SOVEREIGN 1.138.17% GOI SOVEREIGN 0.708.83% GOI SOVEREIGN 0.368.35% GOI SOVEREIGN 0.158.12% GOI SOVEREIGN 0.02Total Equity 35.56Banks 6.65HDFC Bank Ltd 2.54Kotak Mahindra Bank Ltd 2.39ICICI Bank Ltd 1.72Finance 4.49HDFC Ltd 1.96Sundaram Finance Ltd 1.56Max India Ltd 0.96Software 4.30Tata Consultancy Services Ltd 2.14Info Edge (India) Ltd 1.15Wipro Ltd 1.02Industrial Capital Goods 2.62Thermax Ltd 1.60

Siemens Ltd 1.02Industrial Products 2.35Cummins India Ltd 1.81Mahindra CIE Automotive Ltd 0.54Construction Project 2.33Larsen & Toubro Ltd 2.33Consumer Non Durables 2.07Jubilant Foodworks Ltd 1.04Emami Ltd 0.52Asian Paints Ltd 0.51Auto 1.89Maruti Suzuki India Ltd 1.16Hero MotoCorp Ltd 0.73Auto Ancillaries 1.87Wabco India Ltd 1.05Motherson Sumi Systems Ltd 0.82Cement 1.72Ultratech Cement Ltd 0.88The Ramco Cements Ltd 0.85Pharmaceuticals 1.64Sun Pharmaceuticals Industries Ltd 0.90Lupin Ltd 0.74Pesticides 1.01PI Industries Ltd 1.01Power 0.65Torrent Power Ltd 0.65Petroleum Products 0.59Castrol India Ltd 0.59Other Equity (less than 0.50% of the corpus) 1.37Exchange Traded Funds 28.01Axis Gold ETF 28.01Net Current Assets 3.91Monthly Average AUM (` in crores) 443.40

Company Name Rating % of Assets


6

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

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

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

^ Includes Net Current Assets

35.56%

28.01%

19.78%

12.74%3.91%

17.26%

12.74%

3.46%

2.87% 0.11%

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 15.6852 16.2092Quarterly Dividend 11.6102 13.0687Half yearly Dividend 12.1093 12.3482Annual Dividend 12.5096 12.5021


AVERAGE MATURITY@*1.4 years

MODIFIED DURATION@*1.2 years

YIELD TO MATURITY &

8.62%




LOAD STRUCTUREEntry load - Not applicable

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

PORTFOLIO

DIVIDENDS


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


Jun 29, 2012 to Jun 28, 2013

Jun 28, 2013 to Jun 30, 2014

Jun 30, 2014 to Jun 30, 2015

Since Inception




(%)Absolute Return

(%)Absolute Return

(%) CAGR (%)

Axis Income Saver - Growth 9.33% 14.24% 12.55% 9.10% 15,404Crisil MIP Blended Fund Index (Benchmark) 10.83% 8.28% 11.05% 8.33% 14,870CRISIL 10 year Gilt Index (Additional Benchmark) 12.10% -2.47% 11.76% 6.01% 13,355Axis Income Saver - Direct Plan - Growth - 15.85% 14.14% 12.85% 13,503Crisil MIP Blended Fund Index (Benchmark) - 8.28% 11.05% 9.39% 12,500CRISIL 10 year Gilt Index (Additional Benchmark) - -2.47% 11.76% 5.94% 11,540


Total Debt 40.11Corporate Bond 32.04Power Finance Corporation Ltd CRISIL AAA 10.20Tata Sons Ltd CRISIL AAA 6.44Indiabulls Housing Finance Ltd CARE AAA 4.02Rural Electrification Corporation Ltd CRISIL AAA 3.36Adani Ports and Special Economic Zone Ltd ICRA AA- 1.57SRF Ltd FITCH AA 1.45HDFC Ltd CRISIL AAA 1.42India Infoline Finance Ltd CARE AA 1.36Religare Finvest Ltd ICRA AA- 1.03Larsen & Toubro Ltd CRISIL AAA 0.67Bharat Aluminium Co Ltd. CRISIL AA- 0.35LIC Housing Finance Ltd CRISIL AAA 0.14Blue Dart Express Ltd ICRA AA 0.02Zero Coupon Bond 8.07Edelweiss Financial Services Ltd CARE AA 2.89Dev Infracity Pvt Ltd FITCH AA- 1.89Sprit Textile Pvt. Ltd. BWR A+(SO) 1.69India Infoline Finance Ltd ICRA AA 1.46Dewan Housing Finance Corporation Ltd CARE AAA 0.14Total Money Market Instruments^ 23.19Banks 17.03Punjab & Sind Bank ICRA A1+ 7.52Andhra Bank CARE A1+ 4.47Canara Bank CRISIL A1+ 1.92Indusind Bank Ltd CRISIL A1+ 1.73Vijaya Bank CARE A1+ 1.40Others 6.16HDFC Ltd CRISIL A1+ 3.27SKS Microfinance Ltd ICRA A1+ 2.88Total Equity 34.89Software 4.93Info Edge (India) Ltd 1.98Tata Consultancy Services Ltd 1.74Tech Mahindra Ltd 1.21Finance 4.63

HDFC Ltd 1.97Multi Commodity Exchange of India Ltd 1.52Bajaj Finance Ltd 1.14Pharmaceuticals 4.42Sun Pharmaceuticals Industries Ltd 1.37Cadila Healthcare Ltd 1.28Divi’s Laboratories Ltd 1.18IPCA Laboratories Ltd 0.59Banks 4.17HDFC Bank Ltd 2.16Kotak Mahindra Bank Ltd 2.01Consumer Non Durables 3.30Nestle India Ltd 2.12Asian Paints Ltd 1.18Consumer Durables 2.19Bata India Ltd 1.12TTK Prestige Ltd 1.06Industrial Products 1.87Cummins India Ltd 1.87Transportation 1.85Blue Dart Express Ltd 1.85Construction Project 1.84Larsen & Toubro Ltd 1.84Auto 1.45Maruti Suzuki India Ltd 1.45Cement 1.37Shree Cements Ltd 1.37Auto Ancillaries 1.18Motherson Sumi Systems Ltd 1.18Power 0.86Torrent Power Ltd 0.86Telecom - Equipment & Accessories 0.84Astra Microwave Products Ltd 0.84Net Current Assets 1.80Monthly Average AUM (` in crores) 738.92



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

June 26, 2015 0.1805 0.1672 11.6403 11.3903 0.1083 0.1003 12.9372 12.7872March 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 - - - -

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

Equity

Ass

et C

lass

Credit Quality

Debt

Gold

High Mid Low

7


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

¢ Equity ¢ Corporate Bond ¢ Total Money Market Instruments^

¢ Zero Coupon Bond ^ Includes Net Current Assets

34.89%

32.04%

24.99%

8.07%51.39%

7.18%

4.84%1.69%

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 12.5197 12.6873Regular Dividend 10.0497 10.0560Half yearly Dividend 11.1735 11.2744 Bonus - 12.6873


AVERAGE MATURITY11 years

MODIFIED DURATION7 years

YIELD TO MATURITY &

7.97%





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.


Jun 29, 2012 to Jun 28, 2013

Jun 28, 2013 to Jun 30, 2014

Jun 30, 2014 to Jun 30, 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 10.66% -1.15% 10.97% 6.43% 12,386Crisil 10 Year Gilt Index (Benchmark) 12.10% -2.47% 11.76% 6.70% 12,496Axis Constant Maturity 10 Year Fund - Direct Plan - Growth

- -0.78% 11.51% 6.65% 11,741

Crisil 10 Year Gilt Index (Benchmark) - -2.47% 11.76% 6.12% 11,596


Company Name Rating % of Assets Total Debt 97.33Government Bond 97.338.15% GOI SOVEREIGN 23.687.72% GOI SOVEREIGN 19.668.40% GOI SOVEREIGN 18.637.88% GOI SOVEREIGN 12.868.20% GOI SOVEREIGN 5.498.60% GOI SOVEREIGN 5.278.28% GOI SOVEREIGN 5.208.24% GOI SOVEREIGN 3.458.83% GOI SOVEREIGN 1.437.16% GOI SOVEREIGN 0.978.17% GOI SOVEREIGN 0.69Net Current Assets 2.67Monthly Average AUM (` in crores) 146.28

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

July 27, 2015 0.0137 0.0127 10.0318 10.0127 0.0199 - 10.0461 10.0184May 25, 2015 0.0343 0.0318 10.0793 10.0317 0.0402 - 10.0930 10.0372April 27, 2015 0.0822 0.0762 10.2210 10.1070 0.0928 - 10.2455 10.1169

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

97.33%2.67%

100%

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 14.4249 14.9180Quarterly Dividend 10.5632 10.9656Half Yearly Dividend 10.9101 11.2207

FUND SIZE (`) Monthly Average AUM 302.26 Crore

AVERAGE MATURITY*14.3 years

MODIFIED DURATION*7.6 years

YIELD TO MATURITY &

8.25%





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

PORTFOLIO


High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low


Jun 29, 2012 to Jun 28, 2013

Jun 28, 2013 to Jun 30, 2014

Jun 30, 2014 to Jun 30, 2015

Since Inception



inception date

Absolute Return (%)

Absolute Return (%)


Axis Dynamic Bond Fund - Growth 12.53% 3.62% 10.91% 8.86% 14,258Crisil Composite Bond Fund Index (Benchmark) 10.72% 4.60% 11.10% 8.59% 14,112CRISIL 10 year Gilt Index (Additional Benchmark) 12.10% -2.47% 11.76% 6.61% 13,065Axis Dynamic Bond Fund - Direct Plan -Growth - 5.07% 12.42% 9.85% 12,639Crisil Composite Bond Fund Index (Benchmark) - 4.60% 11.10% 8.49% 12,253CRISIL 10 year Gilt Index (Additional Benchmark) - -2.47% 11.76% 6.12% 11,596


Total Debt 96.51Government Bond 71.317.88% GOI SOVEREIGN 15.558.17% GOI SOVEREIGN 12.998.15% GOI SOVEREIGN 9.268.40% GOI SOVEREIGN 5.778.28% GOI SOVEREIGN 5.379.20% GOI SOVEREIGN 5.218.60% GOI SOVEREIGN 4.918.24% GOI SOVEREIGN 4.319.23% GOI SOVEREIGN 3.847.72% GOI SOVEREIGN 2.718.20% GOI SOVEREIGN 0.698.83% GOI SOVEREIGN 0.368.35% GOI SOVEREIGN 0.35

Corporate Bond 25.21Reliance Gas Transportation Infrastructure Ltd CRISIL AAA 6.69Rural Electrification Corporation Ltd CRISIL AAA 4.42Power Grid Corporation of India Ltd CRISIL AAA 4.03Power Finance Corporation Ltd CRISIL AAA 3.45IDFC Ltd. ICRA AAA 2.55Vedanta Ltd CRISIL AA+ 1.71Tata Power Company Ltd CRISIL AA- 1.42India Infrastructure Fin Co Ltd CRISIL AAA 0.94Net Current Assets 3.49Monthly Average AUM (` in crores) 302.26




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

June 26, 2015 0.1805 0.1672 10.6973 10.4473 0.1805 0.1672 11.0817 10.8317March 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 10.9417

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 (%)

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

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


71.31%

25.21%

3.49% 71.31%25.57%

1.71% 1.42%

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 13.4551 13.7787Quarterly Dividend 10.6016 10.8851Half yearly Dividend 11.0437 11.0625




YIELD TO MATURITY &

8.27%





Exit load - NIL (w.e.f. 15th May 2015)

PORTFOLIO

DIVIDENDS


High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low



Jun 29, 2012 to Jun 28, 2013

Jun 28, 2013 to Jun 30, 2014

Jun 30, 2014 to Jun 30, 2015

Since Inception



inception date

Absolute Return (%)

Absolute Return (%)


Axis Income Fund - Growth 11.10% 5.11% 11.22% 9.15% 13,302Crisil Composite Bond Fund Index (Benchmark) 10.72% 4.60% 11.10% 8.78% 13,155Crisil 10 Year Gilt Index (Additional Benchmark) 12.10% -2.47% 11.76% 7.53% 12,667Axis Income Fund - Direct Plan - Growth - 6.12% 12.37% 9.54% 12,532Crisil Composite Bond Fund Index (Benchmark) - 4.60% 11.10% 8.36% 12,201Crisil 10 Year Gilt Index (Additional Benchmark) - -2.47% 11.76% 5.84% 11,510


Total Debt 96.47Government Bond 67.997.88% GOI SOVEREIGN 19.978.15% GOI SOVEREIGN 13.117.72% GOI SOVEREIGN 8.178.28% GOI SOVEREIGN 7.489.20% GOI SOVEREIGN 5.208.60% GOI SOVEREIGN 5.168.17% GOI SOVEREIGN 2.869.23% GOI SOVEREIGN 2.447.16% GOI SOVEREIGN 1.448.24% GOI SOVEREIGN 1.108.35% GOI SOVEREIGN 0.668.83% GOI SOVEREIGN 0.238.40% GOI SOVEREIGN 0.18



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

June 26, 2015 0.1805 0.1672 10.7368 10.4868 0.1805 0.1672 11.0055 10.7555March 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 10.8801

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 AAA/ ICRA AAA & Equivalent ¢ CRISIL AA- ¢ CRISIL AA

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


Corporate Bond 24.50Reliance Gas Transportation Infrastructure Ltd CRISIL AAA 5.50Rural Electrification Corporation Ltd CRISIL AAA 5.19Power Grid Corporation of India Ltd CRISIL AAA 4.26Tata Power Company Ltd CRISIL AA- 4.07IDFC Ltd. ICRA AAA 3.24Power Finance Corporation Ltd CRISIL AAA 1.15Hindalco Industries Ltd CRISIL AA 1.09State Government Bond 3.998.58% Gujarat SDL SOVEREIGN 2.208.68% Gujarat SDL SOVEREIGN 1.79Net Current Assets 3.53Monthly Average AUM (` in crores) 229.57

67.99%

24.50%

3.99% 3.53%71.98%

22.87%

4.07% 1.09%

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 11.0933 11.1898Weekly Dividend 10.1632 10.1750Monthly Dividend 10.0406 10.0447




YIELD TO MATURITY&

9.27%




LOAD STRUCTUREEntry load - NA

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


& 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 82.77Corporate Bond 28.65Power Finance Corporation Ltd CRISIL AAA 13.04IDFC Ltd. ICRA AAA 7.31LIC Housing Finance Ltd CRISIL AAA 5.81Tata Sons Ltd CRISIL AAA 2.48Government Bond 24.807.72% GOI SOVEREIGN 11.327.88% GOI SOVEREIGN 8.878.27% GOI SOVEREIGN 2.478.40% GOI SOVEREIGN 1.259.20% GOI SOVEREIGN 0.89Zero Coupon Bond 22.00Dev Infracity Pvt Ltd FITCH AA- 7.39Sprit Textile Pvt. Ltd. BWR A+(SO) 6.02

DIVIDENDS

Option Record Date


unit (Cum Dividend)

NAV per unit (Ex

Dividend)


NAV per unit (Ex



Monthly Dividend

July 27, 2015 0.0579 0.0537 10.1004 10.0201 0.0640 - 10.1117 10.0230June 25, 2015 0.0472 0.0438 10.0819 10.0164 0.0531 - 10.0927 10.0191May 25, 2015 0.0511 0.0474 10.1044 10.0335 0.0566 - 10.1146 10.0361

Company Name Rating % of Assets Edelweiss Financial Services Ltd CARE AA 4.40India Infoline Finance Ltd ICRA AA 4.19Reduced Face Value Bonds - Non Amortisation 7.32Future Financial Services Ltd ICRA A(SO) 1.72Grama Vidiyal Micro Finance Ltd ICRA A(SO) 1.72Asirvad Microfinance Pvt Ltd ICRA A(SO) 1.72Arohan Financial Services Pvt Ltd ICRA A(SO) 1.29Sonata Finance Pvt Ltd ICRA A(SO) 0.86Total Money Market Instruments^ 12.97Others 12.97SKS Microfinance Ltd ICRA A1+ 12.97Net Current Assets 4.26Monthly Average AUM (` in crores) 120.65^ Commercial Paper

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. The scheme has not completed 1 year, hence performance is not provided.


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

¢ Corporate Bond ¢ Government Bond ¢ Zero Coupon Bond ¢ Total Money Market Instruments^ ¢ Reduced Face Value Bonds - Non Amortisation ^ Includes Net Current Assets

28.65%

24.80%22.00%

17.23%

7.32%45.88%

24.80%

8.59%

7.39%

7.32%6.02%

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 15.4809 15.8203 15.3063Regular Dividend 10.3564 - - Monthly Dividend 10.1729 10.2223 10.0494Bonus 15.5649 - -Weekly Dividend 10.1652 10.2673 10.1718




YIELD TO MATURITY &

8.29%


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


SCHEME PERFORMANCE (as on 30thJune 2015)

Jun 29, 2012 to Jun 28, 2013

Jun 28, 2013 to Jun 30, 2014

Jun 30, 2014 to Jun 30, 2015

Since Inception



inception date

Absolute Return (%)

Absolute Return (%)


Axis Short Term Fund - Growth 9.65% 7.84% 8.96% 8.17% 15,329Crisil Short Term Bond Fund Index (Benchmark) 9.30% 8.81% 9.56% 8.13% 15,294Crisil 1 Year T-Bill Index (Additional Benchmark) 8.17% 5.93% 8.54% 6.56% 14,126Axis Short Term Fund - Direct Plan - Growth - 8.75% 9.87% 9.36% 12,498Crisil Short Term Bond Fund Index (Benchmark) - 8.81% 9.56% 9.21% 12,456Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.93% 8.54% 7.44% 11,958Axis Short Term Fund - Retail Plan - Growth 9.38% 7.84% 9.00% 8.11% 15,156Crisil Short Term Bond Fund Index (Benchmark) 9.30% 8.81% 9.56% 8.25% 15,263Crisil 1 Year T-Bill Index (Additional Benchmark) 8.17% 5.93% 8.54% 6.65% 14,092


Total Debt 75.71Corporate Bond 52.94Power Finance Corporation Ltd CRISIL AAA 12.81Indiabulls Housing Finance Ltd CARE AAA 5.99Cholamandalam Investment and Finance Company Ltd ICRA AA 5.36LIC Housing Finance Ltd CRISIL AAA 4.01Rural Electrification Corporation Ltd CRISIL AAA 3.91Tata Sons Ltd CRISIL AAA 3.55Dewan Housing Finance Corporation Ltd CARE AAA 2.95HDFC Ltd CRISIL AAA 2.50Shriram Transport Finance Company Ltd FITCH AA+ 2.15IDFC Ltd. ICRA AAA 1.71Vedanta Ltd CRISIL AA+ 1.59NABARD CRISIL AAA 1.50Chennai Petroleum Corporation Ltd CRISIL AAA 1.34Power Grid Corporation of India Ltd CRISIL AAA 0.98Adani Ports and Special Economic Zone Ltd ICRA AA- 0.95Bharat Aluminium Co Ltd. CRISIL AA- 0.87LIC Housing Finance Ltd CARE AAA 0.27Hindustan Petroleum Corporation Ltd CRISIL AAA 0.19Tata Motors Ltd CARE AA+ 0.11Shriram Transport Finance Company Ltd CRISIL AA+ 0.10Export Import Bank of India CRISIL AAA 0.05Mahindra Vehicle Mfg Ltd ICRA AAA 0.05Government Bond 18.088.27% GOI SOVEREIGN 6.837.88% GOI SOVEREIGN 5.377.68% GOI SOVEREIGN 2.21

7.72% GOI SOVEREIGN 1.598.40% GOI SOVEREIGN 0.608.15% GOI SOVEREIGN 0.569.20% GOI SOVEREIGN 0.298.24% GOI SOVEREIGN 0.278.12% GOI SOVEREIGN 0.248.17% GOI SOVEREIGN 0.11Zero Coupon Bond 4.69Dewan Housing Finance Corporation Ltd CARE AAA 2.97Shriram Transport Finance Company Ltd FITCH AA+ 1.41HDFC Ltd CRISIL AAA 0.20Indiabulls Housing Finance Ltd CARE AAA 0.12Total Money Market Instruments^ 18.00Others 10.46HDFC Ltd CRISIL A1+ 5.08HDFC Ltd ICRA A1+ 2.49JM Financial Services Ltd CRISIL A1+ 1.33Shapoorji Pallonji and Company Private Ltd ICRA A1+ 1.29Bajaj Finance Ltd CRISIL A1+ 0.27Treasury Bill 5.3891 Days Tbill SOVEREIGN 5.38Banks 2.16Oriental Bank of Commerce CRISIL A1+ 1.28Punjab & Sind Bank ICRA A1+ 0.31Kotak Mahindra Bank Ltd CRISIL A1+ 0.27Yes Bank Ltd CARE A1+ 0.20Andhra Bank CARE A1+ 0.10Net Current Assets 6.30Monthly Average AUM (` in crores) 1,798.90



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

Jul 27, 2015 0.0513 0.0475 10.2228 10.1518 0.0507 0.0470 10.0989 10.0286 0.0575 0.0532 10.2796 10.2000Jun 25, 2015 0.0465 0.0431 10.2034 10.1389 0.0461 0.0427 10.0798 10.0160 0.0518 0.0480 10.2586 10.1868May 25, 2015 0.0434 0.0402 10.2157 10.1555 0.0430 0.0399 10.0921 10.0325 0.0478 0.0442 10.2694 10.2032

^ Certificate of Deposit/Commercial Paper/Treasury Bill

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+/ FITCH AA+ ¢ ICRA AA ¢ CRISIL AA-/ ICRA AA-

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

52.94%

24.29%

18.08%

4.69%

63.99%

23.46%

5.36%5.36%

1.83%

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 1314.0068 1320.2448Daily Dividend 1005.2037 1005.2037Weekly Dividend 1005.7873 1005.8061Monthly Dividend 1005.1882 1005.2091Bonus - 1320.6217


AVERAGE MATURITY270 days

MODIFIED DURATION246 days

YIELD TO MATURITY &

7.79%





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.


Jun 29, 2012 to Jun 28, 2013

Jun 28, 2013 to Jun 30, 2014

Jun 30, 2014 to Jun 30, 2015

Since Inception



inception date

Absolute Return (%)

Absolute Return (%)

Absolute Return (%)

CAGR (%)

Axis Banking Debt Fund - Growth 9.00% 9.22% 8.84% 9.05% 13,035Crisil Short Term Bond Fund Index (Benchmark) 9.30% 8.81% 9.56% 9.21% 13,095Crisil 1 Year T-Bill Index (Additional Benchmark) 8.17% 5.93% 8.54% 7.48% 12,471Axis Banking Debt Fund - Direct Plan - Growth - 9.44% 9.04% 9.14% 12,438Crisil Short Term Bond Fund Index (Benchmark) - 8.81% 9.56% 9.21% 12,456Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.93% 8.54% 7.44% 11,958


Total Debt 3.97Corporate Bond 3.97Power Finance Corporation Ltd CRISIL AAA 3.97Total Money Market Instruments^ 96.13Banks 96.13ICICI Bank Ltd ICRA A1+ 19.84Indusind Bank Ltd CRISIL A1+ 17.00Oriental Bank of Commerce CRISIL A1+ 13.88Andhra Bank CARE A1+ 13.59Canara Bank CRISIL A1+ 12.97Punjab & Sind Bank ICRA A1+ 5.32Bank of Maharashtra CRISIL A1+ 3.80Dena Bank CRISIL A1+ 3.80Punjab & Sind Bank CRISIL A1+ 3.80Vijaya Bank CARE A1+ 2.13Net Current Assets -0.10Monthly Average AUM (` in crores) 658.63


Option Record Date


unit (Cum Dividend)

NAV per unit (Ex

Dividend)


NAV per unit (Ex



MonthlyDividend

Jul 27, 2015 5.6888 - 1,011.8159 1,003.9396 5.8004 - 1,011.9694 1,003.9383Jun 25, 2015 5.3254 - 1,011.3127 1,003.9395 5.4334 - 1,011.4631 1,003.9383May 25, 2015 4.5410 - 1,010.2300 1,003.9394 4.6347 - 1,010.3600 1,003.9383

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+/ CRISIL AAA & Equivalent ¢ Total Money Market Instruments^ ¢ Corporate Bond ^ Includes Net Current Assets

100%96.03%

3.97%

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 1596.0154 1612.5453 1516.6568Daily Dividend 1003.8293 1004.6832 1003.1060Weekly Dividend 1003.6870 1004.9325 1003.3849Monthly Dividend 1003.1876 1003.2150 1003.1131 Bonus - 1611.2183 -


AVERAGE MATURITY*159 days

MODIFIED DURATION*149 days

YIELD TO MATURITY &

8.21%





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.


Total Money Market Instruments^ 62.00Banks 37.61Punjab & Sind Bank ICRA A1+ 6.19Corporation Bank CRISIL A1+ 6.15Indusind Bank Ltd CRISIL A1+ 6.15Andhra Bank CARE A1+ 5.08Vijaya Bank CARE A1+ 4.46Canara Bank CRISIL A1+ 2.98Bank of Maharashtra CRISIL A1+ 2.97Dena Bank CRISIL A1+ 1.55ICICI Bank Ltd ICRA A1+ 1.55Oriental Bank of Commerce CRISIL A1+ 0.54Others 24.16Gruh Finance Ltd CRISIL A1+ 6.19Adani Ports and Special Economic Zone Ltd ICRA A1+ 5.57HDFC Ltd ICRA A1+ 4.59SREI Equipment Finance Ltd ICRA A1+ 3.70SKS Microfinance Ltd ICRA A1+ 3.51Chennai Petroleum Corporation Ltd ICRA A1+ 0.31Vedanta Ltd CRISIL A1+ 0.31Treasury Bill 0.23364 Days Tbill SOVEREIGN 0.23

Total Debt 27.55Corporate Bond 9.71Cholamandalam Investment and Finance Company Ltd ICRA AA 3.12Export Import Bank of India CRISIL AAA 3.11LIC Housing Finance Ltd CRISIL AAA 2.21India Infoline Finance Ltd ICRA AA 1.27Reduced Face Value Bonds - Non Amortisation 1.31Grama Vidiyal Micro Finance Ltd ICRA A(SO) 0.31Future Financial Services Ltd ICRA A(SO) 0.31Asirvad Microfinance Pvt Ltd ICRA A(SO) 0.31Arohan Financial Services Pvt Ltd ICRA A(SO) 0.23Sonata Finance Pvt Ltd ICRA A(SO) 0.15Zero Coupon Bond 16.53Edelweiss Financial Services Ltd CARE AA 5.04Religare Finvest Ltd ICRA AA- 5.03India Infoline Finance Ltd ICRA AA 2.61Dev Infracity Pvt Ltd FITCH AA- 2.01Sprit Textile Pvt. Ltd. BWR A+(SO) 1.84Net Current Assets 10.45Monthly Average AUM (` in crores) 1,492.22



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

Jul 27, 2015 5.5337 5.1268 1,009.8404 1,002.1789 5.0984 - 1,009.2381 1,002.1794 5.7038 5.2846 1,010.0754 1,002.1782Jun 25, 2015 5.2222 4.8383 1,009.4091 1,002.1788 4.8101 - 1,008.8389 1,002.1791 5.3583 4.9642 1,009.5967 1,002.1781May 25, 2015 4.6038 4.2653 1,008.5500 1,002.1787 4.3314 - 1,008.1800 1,002.1789 4.8129 4.4591 1,008.8400 1,002.1780

^ Certificate of Deposit/Commercial Paper/Treasury Bill


14


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

¢ Total Money Market Instruments^ ¢ Zero Coupon Bond ¢ Corporate Bond¢ Reduced Face Value Bonds - Non Amortisation ^ Includes Net Current Assets


Jun 29, 2012 to Jun 28, 2013

Jun 28, 2013 to Jun 30, 2014

Jun 30, 2014 to Jun 30, 2015

Since Inception



inception date

Absolute Return (%)

Absolute Return (%)


Axis Treasury Advantage Fund - Growth 9.06% 9.50% 8.53% 8.37% 15,842

Crisil Liquid Fund Index (Benchmark) 8.12% 9.68% 8.77% 7.84% 15,408

Crisil 1 Year T-Bill Index (Additional Benchmark) 8.17% 5.93% 8.54% 6.36% 14,236

Axis Treasury Advantage Fund - Direct Plan - Growth - 9.93% 9.09% 9.45% 12,524

Crisil Liquid Fund Index (Benchmark) - 9.68% 8.77% 9.04% 12,408

Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.93% 8.54% 7.44% 11,958

Axis Treasury Advantage Fund - Retail Plan - Growth 8.11% 8.61% 7.88% 7.99% 15,063

Crisil Liquid Fund Index (Benchmark) 8.12% 9.68% 8.77% 8.21% 15,226

Crisil 1 Year T-Bill Index (Additional Benchmark) 8.17% 5.93% 8.54% 6.65% 14,092

72.45%

16.53%

9.71% 1.31%

77.55%

12.04%

7.04%1.84%

1.31%0.23%

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




He has been managing this fund since 27th April 2015.

LATEST NAV (`) Direct Plan Retail PlanGrowth 1591.9645 1594.5821 1533.4024Daily Dividend 1000.3608 1000.3232 1000.3232Weekly Dividend 1002.9556 1002.9611 1001.0775Monthly Dividend 1001.0952 1000.9800 1000.9167 Bonus - 1594.5214 -


AVERAGE MATURITY31 days

MODIFIED DURATION29 days

YIELD TO MATURITY &

7.69%




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 Money Market Instruments^ 103.79Banks 24.10Punjab & Sind Bank ICRA A1+ 5.99ICICI Bank Ltd ICRA A1+ 5.75Union Bank of India CRISIL A1+ 2.20IDBI Bank Ltd CRISIL A1+ 1.78Corporation Bank CRISIL A1+ 1.43RBL Bank Limited ICRA A1+ 1.19Vijaya Bank CARE A1+ 1.07Indusind Bank Ltd CRISIL A1+ 1.07IDBI Bank Ltd ICRA A1+ 1.07Andhra Bank CARE A1+ 1.07Vijaya Bank CRISIL A1+ 1.07Dena Bank CRISIL A1+ 0.30Central Bank of India CRISIL A1+ 0.06Bank of India ICRA A1+ 0.06Others 59.28National Housing Bank CRISIL A1+ 5.90SREI Equipment Finance Ltd ICRA A1+ 5.82Gruh Finance Ltd CRISIL A1+ 5.21Edelweiss Commodities Services Ltd CRISIL A1+ 4.74Indiabulls Housing Finance Ltd CRISIL A1+ 4.74HDFC Ltd ICRA A1+ 3.61Dewan Housing Finance Corporation Ltd CRISIL A1+ 3.26HDFC Ltd CRISIL A1+ 2.96Edelweiss Financial Services Ltd CRISIL A1+ 2.44Vedanta Ltd CRISIL A1+ 2.36Adani Ports and Special Economic Zone Ltd ICRA A1+ 1.30IDFC Ltd. ICRA A1+ 1.19

ECL Finance Ltd CRISIL A1+ 1.19Power Finance Corporation Ltd CRISIL A1+ 1.18Religare Finvest Ltd ICRA A1+ 1.18Aditya Birla Nuvo Ltd ICRA A1+ 1.18Magma Fincorp Ltd CARE A1+ 1.18Reliance Jio Infocomm Limited ICRA A1+ 1.13JM Financial Services Ltd CRISIL A1+ 1.12Reliance Jio Infocomm Limited CARE A1+ 1.07Berger Paints (I) Ltd CRISIL A1+ 1.07Emami Ltd CRISIL A1+ 0.89TGS Investment & Trade Pvt Ltd CRISIL A1+ 0.89Emami Ltd CARE A1+ 0.89Turquoise Invest & Finance Pvt Ltd CRISIL A1+ 0.88JM Financial Products Ltd CRISIL A1+ 0.59Godrej Industries Ltd ICRA A1+ 0.59IndoStar Capital Finance Pvt Ltd CRISIL A1+ 0.59NABRAD CRISIL A1+ 0.06Bharat Aluminium Co Ltd. CRISIL A1+ 0.06Treasury Bill 20.4191 Days Tbill SOVEREIGN 11.11182 Days Tbill SOVEREIGN 5.40364 Days Tbill SOVEREIGN 3.90Total Debt 3.30Corporate Bond 2.57Tata Sons Ltd CRISIL AAA 2.57Zero Coupon Bond 0.73Indiabulls Housing Finance Ltd CARE AAA 0.73Net Current Assets -7.09

Monthly Average AUM (` in crores) 9,529.79



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

Jul 27, 2015 5.0744 4.7013 1,007.2583 1,000.2327 4.7309 - 1,006.6629 1,000.1126 5.1060 - 1,007.1818 1,000.1122Jun 25, 2015 5.0135 4.6449 1,007.1740 1,000.2326 4.6796 - 1,006.5922 1,000.1125 5.0445 - 1,007.0967 1,000.1122May 25, 2015 4.6166 4.2771 1,006.6200 1,000.2326 4.3278 - 1,006.1000 1,000.1124 4.6476 - 1,006.5500 1,000.1122

^ Certificate of Deposit/Commercial Paper/ Treasury Bill

15


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

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

SCHEME PERFORMANCE (as on 30thJune 2015) 7 Days 15 Days 30 Days

Jun 29, 2012 to

Jun 30, 2013

Jun 30, 2013 to

Jun 30, 2014

Jun 30, 2014 to

Jun 30, 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 8.46% 8.40% 8.45% 8.95% 9.45% 8.84% 8.33% 15,813Crisil Liquid Fund Index (Benchmark) 8.32% 8.27% 8.36% 8.12% 9.68% 8.77% 7.84% 15,408Crisil 1 Year T-Bill Index (Additional Benchmark) 7.92% 8.37% 7.85% 8.17% 5.93% 8.54% 6.36% 14,236Axis Liquid Fund - Direct Plan - Growth 8.51% 8.46% 8.51% - 9.52% 8.91% 9.15% 12,442Crisil Liquid Fund Index (Benchmark) 8.32% 8.27% 8.36% - 9.68% 8.77% 9.04% 12,410Crisil 1 Year T-Bill Index (Additional Benchmark) 7.92% 8.37% 7.85% - 5.93% 8.54% 7.45% 11,963Axis Liquid Fund - Retail Plan - Growth 7.88% 7.82% 7.87% 8.48% 8.90% 8.30% 8.22% 15,238Crisil Liquid Fund Index (Benchmark) 8.32% 8.27% 8.36% 8.12% 9.68% 8.77% 8.21% 15,235Crisil 1 Year T-Bill Index (Additional Benchmark) 7.92% 8.37% 7.85% 8.17% 5.93% 8.54% 6.64% 14,094

96.70%

2.57% 0.73% 79.59%20.41%

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended arbitrage fund

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

DATE OF ALLOTMENT14th August 2014

FUND MANAGER

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


He has been managing this fund since inception.


FIND SIZE (`)Monthly Average AUM 320.34 Crore




LOAD STRUCTUREEntry load - NA

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


16

AXIS ENHANCED

ARBITRAGE FUND

PORTFOLIO

Total Hedged Equity 66.64HDFC Bank Ltd 9.37Reliance Industries Ltd 8.58Infosys Ltd 7.15Cipla Ltd 6.17ICICI Bank Ltd 5.82Lupin Ltd 5.52Tech Mahindra Ltd 5.10Coal India Ltd 2.11Vedanta Ltd 1.96Kotak Mahindra Bank Ltd 1.94State Bank of India 1.92Tata Motors Ltd DVR Shares 1.59Tata Consultancy Services Ltd 1.37LIC Housing Finance Ltd 1.16Adani Port and Special Economic Zone Ltd 1.14Century Textiles & Industries Ltd 1.10Sun Pharmaceuticals Industries Ltd 0.95Aurobindo Pharma Ltd 0.74


Company Name % of Assets Hindustan Unilever Ltd 0.62Maruti Suzuki India Ltd 0.59Oil & Natural Gas Corporation Ltd 0.50Rural Electrification Corporation Ltd 0.31Syndicate Bank Ltd 0.29Biocon Ltd 0.24ITC Ltd 0.24UCO Bank Ltd 0.12JSW Steel Ltd 0.02Debt, Cash & Other Receivables 33.36Monthly Average AUM (` in crores) 320.34

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. The scheme has not completed 1 year, hence performance is not provided.

Option Record Date /Ex NAV Date


unit (Cum Dividend)

NAV per unit (Ex

Dividend)


NAV per unit (Ex


als/HUF Others

Dividend

July 28, 2015 0.05 0.05 10.4573 10.4073 0.05 0.05 10.6319 10.5819

June 26, 2015 0.05 0.05 10.4692 10.4192 0.05 0.05 10.6353 10.5853

May 26, 2015 0.05 0.05 10.4484 10.3984 0.05 0.05 10.6068 10.5568


ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 30th June 2015)

June 29, 2012 to June 28, 2013

Absolute Return (%)

June 28, 2013 to June 30, 2014 Absolute Return

(%)

June 30, 2014 to June 30, 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 19.90% 36.22% 12.83% 12.79% 19,350

05-Jan-10CNX Nifty (Benchmark) 10.67% 30.28% 9.95% 8.77% 15,856S&P BSE Sensex (Additional Benchmark) 11.28% 31.03% 9.31% 8.58% 15,708Axis Equity Fund - Direct Plan - Growth - 37.49% 14.18% 21.74% 16,330

01-Jan-13CNX Nifty (Benchmark) - 30.28% 9.95% 14.65% 14,063S&P BSE Sensex (Additional Benchmark) - 31.03% 9.31% 15.06% 14,188Axis Midcap Fund - Growth 14.69% 69.01% 25.67% 24.14% 25,700

18-Feb-11S&P BSE Midcap (Benchmark) 10.56% 39.08% 22.32% 14.15% 17,818CNX Nifty (Additional Benchmark) 10.67% 30.28% 9.95% 10.28% 15,330Axis Midcap Fund - Direct Plan - Growth - 71.28% 27.34% 30.33% 19,357

01-Jan-13S&P BSE Midcap (Benchmark) - 39.08% 22.32% 18.52% 15,275CNX Nifty (Additional Benchmark) - 30.28% 9.95% 14.65% 14,063

Funds managed by Sudhanshu AsthanaAxis Focused 25 Fund - Growth 15.95% 26.14% 23.87% 21.87% 18,110

29-Jun-12CNX Nifty (Benchmark) 10.70% 30.28% 9.95% 16.58% 15,853S&P BSE 200 (Additional Benchmark) 8.71% 34.45% 12.01% 17.83% 16,367Axis Focused 25 Fund - Direct Plan - Growth - 27.44% 25.57% 20.76% 16,003

01-Jan-13CNX Nifty (Benchmark) - 30.28% 9.95% 14.65% 14,063S&P BSE 200 (Additional Benchmark) - 34.45% 12.01% 15.44% 14,305Axis Triple Advantage Fund - Growth # 4.02% 15.56% 9.71% 8.97% 15,176

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

1.45% 15.52% 6.06% 8.36% 14,764

CRISIL 10 year Gilt Index (Additional Benchmark) 12.10% -2.47% 11.76% 6.50% 13,578Axis Triple Advantage Fund - Direct Plan Growth # - 17.05% 10.78% 8.58% 12,279

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

- 15.52% 6.06% 6.10% 11,590

CRISIL 10 year Gilt Index (Additional Benchmark) - -2.47% 11.76% 6.12% 11,596Axis Midcap Fund - Growth 14.69% 69.01% 25.67% 24.14% 25,700

18-Feb-11S&P BSE Midcap (Benchmark) 10.56% 39.08% 22.32% 14.15% 17,818CNX Nifty (Additional Benchmark) 10.67% 30.28% 9.95% 10.28% 15,330Axis Midcap Fund - Direct Plan - Growth - 71.28% 27.34% 30.33% 19,357

01-Jan-13S&P BSE Midcap (Benchmark) - 39.08% 22.32% 18.52% 15,275CNX Nifty (Additional Benchmark) - 30.28% 9.95% 14.65% 14,063

Funds managed by Jinesh GopaniAxis Long Term Equity Fund - Growth* 15.88% 54.91% 33.43% 22.60% 30,692

29-Dec-09S&P BSE 200 (Benchmark) 8.69% 34.45% 12.01% 9.03% 16,096CNX Nifty (Additional Benchmark) 10.67% 30.28% 9.95% 9.08% 16,131Axis Long Term Equity Fund - Direct Plan - Growth* - 56.74% 35.23% 35.23% 21,221

01-Jan-13S&P BSE 200 (Benchmark) - 34.45% 12.01% 15.44% 14,305CNX Nifty (Additional Benchmark) - 30.28% 9.95% 14.65% 14,063Axis Income Saver - Growth # 9.33% 14.24% 12.55% 9.10% 15,404

16-Jul-10Crisil MIP Blended Fund Index (Benchmark) 10.83% 8.28% 11.05% 8.33% 14,870CRISIL 10 year Gilt Index (Additional Benchmark) 12.10% -2.47% 11.76% 6.01% 13,355Axis Income Saver - Direct Plan - Growth # - 15.85% 14.14% 12.85% 13,503

04-Jan-13Crisil MIP Blended Fund Index (Benchmark) - 8.28% 11.05% 9.39% 12,500CRISIL 10 year Gilt Index (Additional Benchmark) - -2.47% 11.76% 5.94% 11,540Axis Hybrid Fund - Series 5 - Growth #% - - 9.84% 13.63% 12,799

25-Jul-13Crisil MIP Blended Fund Index (Benchmark) - - 11.05% 11.89% 12,424Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.54% 8.53% 11,713Axis Hybrid Fund - Series 5 - Direct Plan - Growth #% - - 10.91% 14.71% 13,035

25-Jul-13Crisil MIP Blended Fund Index (Benchmark) - - 11.05% 11.89% 12,424Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.54% 8.53% 11,713Axis Hybrid Fund - Series 6 - Growth #% - - 8.51% 15.44% 13,082

16-Aug-13Crisil MIP Blended Fund Index (Benchmark) - - 11.05% 14.12% 12,803Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.54% 8.70% 11,688Axis Hybrid Fund - Series 6 - Direct Plan - Growth #% - - 9.56% 16.56% 13,320

16-Aug-13Crisil MIP Blended Fund Index (Benchmark) - - 11.05% 14.12% 12,803Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.54% 8.70% 11,688Axis Hybrid Fund - Series 7 - Growth #% - - 8.05% 15.46% 12,984

05-Sep-13Crisil MIP Blended Fund Index (Benchmark) - - 11.05% 13.03% 12,491Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.54% 8.50% 11,598Axis Hybrid Fund - Series 7 - Direct Plan - Growth#% - - 9.10% 16.60% 13,218

05-Sep-13Crisil MIP Blended Fund Index (Benchmark) - - 11.05% 13.03% 12,491Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.54% 8.50% 11,598

Funds managed by R.SivakumarAxis Triple Advantage Fund - Growth # 4.02% 15.56% 9.71% 8.97% 15,176

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

1.45% 15.52% 6.06% 8.36% 14,764

CRISIL 10 year Gilt Index (Additional Benchmark) 12.10% -2.47% 11.76% 6.50% 13,578Axis Triple Advantage Fund - Direct Plan Growth # - 17.05% 10.78% 8.58% 12,279

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

- 15.52% 6.06% 6.10% 11,590

CRISIL 10 year Gilt Index (Additional Benchmark) - -2.47% 11.76% 6.12% 11,596Axis Dynamic Bond Fund - Growth 12.53% 3.62% 10.91% 8.86% 14,258

27-Apr-11Crisil Composite Bond Fund Index (Benchmark) 10.72% 4.60% 11.10% 8.59% 14,112Crisil 10 Year Gilt Index (Additional Benchmark) 12.10% -2.47% 11.76% 6.61% 13,065Axis Dynamic Bond Fund - Direct Plan - Growth - 5.07% 12.42% 9.85% 12,639

01-Jan-13Crisil Composite Bond Fund Index (Benchmark) - 4.60% 11.10% 8.49% 12,253Crisil 10 Year Gilt Index (Additional Benchmark) - -2.47% 11.76% 6.12% 11,596Axis Capital Protection Oriented Fund - Series 5 # - 21.63% 9.19% 12.28% 13,603

02-Nov-12Crisil MIP Blended Fund Index (Benchmark) - 8.28% 11.05% 9.79% 12,817Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.93% 8.54% 7.49% 12,115

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

June 29, 2012 to June 28, 2013

Absolute Return (%)

June 28, 2013 to June 30, 2014 Absolute Return

(%)

June 30, 2014 to June 30, 2015

Absolute Return (%)




Date of inception

Funds managed by Devang ShahAxis Constant Maturity 10 Year Fund - Growth 10.66% -1.15% 10.97% 6.43% 12,386 23-Jan-12Crisil 10 Year Gilt Index (Benchmark) 12.10% -2.47% 11.76% 6.70% 12,496Axis Constant Maturity 10 Year Fund - Direct Plan - Growth - -0.78% 11.51% 6.65% 11,741 01-Jan-13Crisil 10 Year Gilt Index (Benchmark) - -2.47% 11.76% 6.12% 11,596Axis Dynamic Bond Fund - Growth 12.53% 3.62% 10.91% 8.86% 14,258

27-Apr-11Crisil Composite Bond Fund Index (Benchmark) 10.72% 4.60% 11.10% 8.59% 14,112Crisil 10 Year Gilt Index (Additional Benchmark) 12.10% -2.47% 11.76% 6.61% 13,065Axis Dynamic Bond Fund - Direct Plan - Growth - 5.07% 12.42% 9.85% 12,639

01-Jan-13Crisil Composite Bond Fund Index (Benchmark) - 4.60% 11.10% 8.49% 12,253Crisil 10 Year Gilt Index (Additional Benchmark) - -2.47% 11.76% 6.12% 11,596Axis Income Fund - Growth 11.10% 5.11% 11.22% 9.15% 13,302

28-Mar-12Crisil Composite Bond Fund Index (Benchmark) 10.72% 4.60% 11.10% 8.78% 13,155Crisil 10 Year Gilt Index (Additional Benchmark) 12.10% -2.47% 11.76% 7.53% 12,667Axis Income Fund - Direct Plan - Growth - 6.12% 12.37% 9.54% 12,532

07-Jan-13Crisil Composite Bond Fund Index (Benchmark) - 4.60% 11.10% 8.36% 12,201Crisil 10 Year Gilt Index (Additional Benchmark) - -2.47% 11.76% 5.84% 11,510Axis Short Term Fund - Growth 9.65% 7.84% 8.96% 8.17% 15,329

22-Jan-10Crisil Short Term Bond Fund Index (Benchmark) 9.30% 8.81% 9.56% 8.13% 15,294Crisil 1 Year T-Bill Index (Additional Benchmark) 8.17% 5.93% 8.54% 6.56% 14,126Axis Short Term Fund - Direct Plan - Growth - 8.75% 9.87% 9.36% 12,498

01-Jan-13Crisil Short Term Bond Fund Index (Benchmark) - 8.81% 9.56% 9.21% 12,456Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.93% 8.54% 7.44% 11,958Axis Short Term Fund - Retail Plan - Growth 9.38% 7.84% 9.00% 8.11% 15,156

02-Mar-10Crisil Short Term Bond Fund Index (Benchmark) 9.30% 8.81% 9.56% 8.25% 15,263Crisil 1 Year T-Bill Index (Additional Benchmark) 8.17% 5.93% 8.54% 6.65% 14,092Axis Liquid Fund - Growth 8.95% 9.45% 8.84% 8.33% 15,813

09-Oct-09Crisil Liquid Fund Index (Benchmark) 8.12% 9.68% 8.77% 7.84% 15,408Crisil 1 Year T-Bill Index (Additional Benchmark) 8.17% 5.93% 8.54% 6.36% 14,236Axis Liquid Fund - Direct Plan - Growth - 9.52% 8.91% 9.15% 12,442

31-Dec-12Crisil Liquid Fund Index (Benchmark) - 9.68% 8.77% 9.04% 12,410Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.93% 8.54% 7.45% 11,963Axis Liquid Fund - Retail Plan - Growth 8.48% 8.90% 8.30% 8.22% 15,238

01-Mar-10Crisil Liquid Fund Index (Benchmark) 8.12% 9.68% 8.77% 8.21% 15,235Crisil 1 Year T-Bill Index (Additional Benchmark) 8.17% 5.93% 8.54% 6.64% 14,094Axis Hybrid Fund - Series 5 - Growth # - - 9.84% 13.63% 12,799

25-Jul-13Crisil MIP Blended Fund Index (Benchmark) - - 11.05% 11.89% 12,424Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.54% 8.53% 11,713Axis Hybrid Fund - Series 5 - Direct Plan - Growth # - - 10.91% 14.71% 13,035

25-Jul-13Crisil MIP Blended Fund Index (Benchmark) - - 11.05% 11.89% 12,424Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.54% 8.53% 11,713Axis Hybrid Fund - Series 6 - Growth # - - 8.51% 15.44% 13,082

16-Aug-13Crisil MIP Blended Fund Index (Benchmark) - - 11.05% 14.12% 12,803Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.54% 8.70% 11,688Axis Hybrid Fund - Series 6 - Direct Plan - Growth # - - 9.56% 16.56% 13,320

16-Aug-13Crisil MIP Blended Fund Index (Benchmark) - - 11.05% 14.12% 12,803Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.54% 8.70% 11,688Axis Hybrid Fund - Series 7 - Growth # - - 8.05% 15.46% 12,984

05-Sep-13Crisil MIP Blended Fund Index (Benchmark) - - 11.05% 13.03% 12,491Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.54% 8.50% 11,598Axis Hybrid Fund - Series 7 - Direct Plan - Growth # - - 9.10% 16.60% 13,218

05-Sep-13Crisil MIP Blended Fund Index (Benchmark) - - 11.05% 13.03% 12,491Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.54% 8.50% 11,598

Funds managed by Kedar KarnikAxis Income Saver - Growth # 9.33% 14.24% 12.55% 9.10% 15,404

16-Jul-10Crisil MIP Blended Fund Index (Benchmark) 10.83% 8.28% 11.05% 8.33% 14,870Crisil 10 Year Gilt Index (Additional Benchmark) 12.10% -2.47% 11.76% 6.01% 13,355Axis Income Saver - Direct Plan - Growth # - 15.85% 14.14% 12.85% 13,503

04-Jan-13Crisil MIP Blended Fund Index (Benchmark) - 8.28% 11.05% 9.39% 12,500Crisil 10 Year Gilt Index (Additional Benchmark) - -2.47% 11.76% 5.94% 11,540Axis Banking Debt Fund - Growth 9.00% 9.22% 8.84% 9.05% 13,035

08-Jun-12Crisil Short Term Bond Fund Index (Benchmark) 9.30% 8.81% 9.56% 9.21% 13,095Crisil 1 Year T-Bill Index (Additional Benchmark) 8.17% 5.93% 8.54% 7.48% 12,471Axis Banking Debt Fund - Direct Plan - Growth - 9.44% 9.04% 9.14% 12,438

01-Jan-13Crisil Short Term Bond Fund Index (Benchmark) - 8.81% 9.56% 9.21% 12,456Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.93% 8.54% 7.44% 11,958Axis Liquid Fund - Growth 8.95% 9.45% 8.84% 8.33% 15,813

09-Oct-09Crisil Liquid Fund Index (Benchmark) 8.12% 9.68% 8.77% 7.84% 15,408Crisil 1 Year T-Bill Index (Additional Benchmark) 8.17% 5.93% 8.54% 6.36% 14,236Axis Liquid Fund - Direct Plan - Growth - 9.52% 8.91% 9.15% 12,442

31-Dec-12Crisil Liquid Fund Index (Benchmark) - 9.68% 8.77% 9.04% 12,410Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.93% 8.54% 7.45% 11,963Axis Liquid Fund - Retail Plan - Growth 8.48% 8.90% 8.30% 8.22% 15,238

01-Mar-10Crisil Liquid Fund Index (Benchmark) 8.12% 9.68% 8.77% 8.21% 15,235Crisil 1 Year T-Bill Index (Additional Benchmark) 8.17% 5.93% 8.54% 6.64% 14,094

18



$ 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.



19

AXIS EQUITY FUND This product is suitable for investors who are seeking*

l Capital appreciation over long terml Investment in a diversified portfolio predominantly consisting of equity and equity related instruments

AXIS FOCUSED 25 FUND This product is suitable for investors who are seeking*

l Capital appreciation over long terml Investment in a concentrated portfolio of equity & equity related instruments of up to 25 companies

AXIS LONG TERM EQUITY FUND This product is suitable for investors who are seeking*

l Capital appreciation & generating income over long terml Investment in a diversified portfolio predominantly consisting of equity and equity related instruments

AXIS MIDCAP FUND This product is suitable for investors who are seeking*

l Capital appreciation over long terml Investment predominantly in equity and equity related instruments of mid size companies with focus on relatively larger companies within this category

AXIS TRIPLE ADVANTAGE FUND This product is suitable for investors who are seeking*

l Capital appreciation & generating income over long term l Investment in a diversified portfolio of equity and equity related instruments, fixed income instruments & gold exchange traded funds

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

l Capital appreciation while generating income over medium to long term l Investment in debt and money market instruments as well as equity and equity related instruments while managing risk through active asset allocation

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

l Credit risk free returns over medium to long terml Investment mainly in Government securities to generate returns similar to that of 10 year government bonds

AXIS DYNAMIC BOND FUND This product is suitable for investors who are seeking*

l Optimal returns over medium to long terml To generate stable returns while maintaining liquidity through active management of a portfolio of debt and money market instruments

AXIS INCOME FUND This product is suitable for investors who are seeking*

l Optimal returns over medium terml Investments in diversified portfolio of high quality debt and money market securities to generate optimal risk adjusted returns while maintaining liquidity

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

l Regular income while maintaining liquidity over short to medium term l Investment in debt and money market instruments

AXIS BANKING DEBT FUND This product is suitable for investors who are seeking*

l Regular income over short to medium terml Investment in debt and money market instruments issued by banks

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

l Regular income over short terml Investment in debt and money market instruments

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

l Regular income over short terml Investment in debt and money market instruments

AXIS ENHANCED ARBITRAGE FUND This product is suitable for investors who are seeking*

l Income over short to medium terml Investment in arbitrage opportunities in the cash & derivatives segment of the equity market

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

l Stable returns in the short to medium terml Investment in debt and money market instruments across the yield curve and credit spectrum

AXIS GOLD ETF This product is suitable for investors who are seeking*

l Capital Appreciation over medium to long terml Invests predominantly in gold in order to generate returns similar to the performance of gold, subject to tracking error

AXIS GOLD FUND This product is suitable for investors who are seeking*

l Capital Appreciation over medium to long terml Invests predominantly in Axis Gold ETF in order to generate returns similar to the underlying fund, subject to tracking error

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.

June 29, 2012 to June 28, 2013

Absolute Return (%)

June 28, 2013 to June 30, 2014

Absolute Return (%)

June 30, 2014 to June 30, 2015

Absolute Return (%)




Date of inception

Axis Treasury Advantage Fund - Growth 9.06% 9.50% 8.53% 8.37% 15,84209-Oct-09Crisil Liquid Fund Index (Benchmark) 8.12% 9.68% 8.77% 7.84% 15,408

Crisil 1 Year T-Bill Index (Additional Benchmark) 8.17% 5.93% 8.54% 6.36% 14,236Axis Treasury Advantage Fund - Direct Plan - Growth - 9.93% 9.09% 9.45% 12,524

01-Jan-13Crisil Liquid Fund Index (Benchmark) - 9.68% 8.77% 9.04% 12,408Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.93% 8.54% 7.44% 11,958Axis Treasury Advantage Fund - Retail Plan - Growth 8.11% 8.61% 7.88% 7.99% 15,063

03-Mar-10Crisil Liquid Fund Index (Benchmark) 8.12% 9.68% 8.77% 8.21% 15,226Crisil 1 Year T-Bill Index (Additional Benchmark) 8.17% 5.93% 8.54% 6.65% 14,092Axis Gold ETF -15.74% 9.75% -5.58% 4.84% 12,453 10-Nov-10Domestic Price of Gold -18.72% 9.84% -5.06% 4.08% 12,037Additional Benchmark Not ApplicableAxis Gold Fund -16.84% 8.83% -9.01% -2.52% 9,100 20-Oct-11Domestic Price of Gold -18.72% 9.84% -5.06% -2.09% 9,251Additional Benchmark Not ApplicableAxis Gold Fund - Direct Plan - 10.37% -7.50% -7.45% 8,244 01-Jan-13Domestic Price of Gold - 9.84% -5.06% -7.57% 8,219Additional Benchmark Not Applicable

* An open ended equity linked savings scheme with a 3 year lock-in. # Scheme Performance may not be strictly comparable with that of its additional benchmark in view of hybrid nature of the scheme.% Please note that w.e.f. 27th April 2015, Axis Hybrid Fund – Series (5-7) will be managed by Ashwin Patni along with Devang Shah. Previously, the same was managed by Jinesh Gopani and Devang Shah. $ Please note that w.e.f. 27th April 2015, Axis Capital Protection Oriented Fund - Series 5 will be managed by Ashwin Patni along with R Sivakumar. Previously, the same was managed by Sudhanshu Asthana and R Sivakumar.

Riskometer

Investors understand that their principal will be

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

Documents

*Investment in ELSS falls under Sec 80C of the Income Tax Act. … · 2015-08-05 · *Investment in ELSS falls under Sec 80C of the Income Tax Act. Now you can invest up to Rs. 1.5

Investment in ELSS falls under Sec 80C of the Income Tax Act. … · 2015-08-05 · Investment in ELSS falls under Sec 80C of the Income Tax Act. Now you can invest up to Rs. 1.5