SIP Performance of Select Schemes - AxisMF · PDF file · 2015-01-06SIP Performance of Select Schemes ... Punjab National Bank 1.01 ING Vysya Bank Ltd. 1.00 ... Finance 0.63 CRISIL

1

SIP Performance of Select Schemes (as on 31st December 2014)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. 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.

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

Total Amount Invested 59,000 36,000 24,000 12,000

Market value as on Dec 31, 14 96,697.42 55,173.28 33,114.09 13,492.22

Returns (Annualised) 20.21% 29.80% 34.40% 23.84%

Benchmark Returns (Annualised) 14.69% 21.85% 25.67% 29.48%

Additional Benchmark Returns (Annualised) NA NA NA NA

Axis Equity Fund - Growth OptionAxis 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.



Market value as on Dec 31, 14 1,24,271.53 65,894.67 39,116.55 14,550.67



Additional Benchmark Returns (Annualised) 14.98% 21.85% 25.67% 29.48%

Axis Long Term Equity Fund - Growth Option

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







Axis Equity Fund - Growth OptionAxis Midcap Fund - Growth Option

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


Total Amount Invested 27,000 NA 24,000 12,000

Market value as on Dec 31, 14 41,748.11 NA 32,149.79 13,377.83

Returns (Annualised) 27.67% NA 30.94% 21.96%

Benchmark Returns (Annualised) 23.30% NA 25.67% 29.48%

Additional Benchmark Returns (Annualised) 25.56% NA 28.76% 34.83%

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

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







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

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






Additional Benchmark Returns (Annualised) NA NA NA NA

Axis Equity Fund - Growth OptionAxis 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 19.31 19.76Dividend 16.03 16.35

FUND SIZE (`)Monthly Average AUM 1452.72 Crore

STATISTICAL MEASURES (3 years)Standard deviation 14.39%Beta 0.91Sharpe Ratio* 1.38

Direct PlanStandard deviation 14.39%Beta 0.98Sharpe Ratio* 1.61*Risk-free rate assumed to be 8.2101%(364 days Treasury Bill yield on 31-12-14)

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 Dec 2014. Source: ACEMF

PORTFOLIO TURNOVER* (1 year)0.51 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 29.87ICICI Bank Ltd. 7.70HDFC Bank Ltd. 6.86State Bank of India 6.68Kotak Mahindra Bank Ltd. 2.11Federal Bank Ltd. 2.01Development Credit Bank Ltd 1.28Bank of Baroda 1.22Punjab National Bank 1.01ING Vysya Bank Ltd. 1.00Software 14.95Infosys Technologies Ltd. 7.82Tata Consultancy Services Ltd. 3.47CMC Ltd. 1.41Wipro Ltd. 1.25Oracle Financial Services Software Ltd. 1.00Auto 7.18Tata Motors Ltd. 3.66Maruti Suzuki India Ltd. 3.52Pharmaceuticals 7.07Sun Pharmaceutical Industries Ltd. 2.43Lupin Ltd. 1.37Pfizer Ltd. 1.34Torrent Pharmaceuticals Ltd. 0.97Sanofi India Ltd 0.96Construction Project 5.25Larsen & Toubro Ltd. 4.64Engineers India Ltd. 0.61Gas 3.99Gujarat State Petronet Ltd. 2.26Indraprastha Gas Ltd. 1.72Petroleum Products 3.70Reliance Industries Ltd. 2.33Gulf Oil Lubricants India Ltd 1.37

Media & Entertainment 3.28Zee Entertainment Enterprises Ltd. 1.94D.B.Corporation Ltd. 1.35Consumer Non Durables 2.92I T C Ltd. 2.92Chemicals 2.82Tata Chemicals Ltd. 2.02BASF India Ltd. 0.81Industrial Products 2.80Cummins India Ltd. 1.73SKF India Ltd. 1.07Industrial Capital Goods 2.53Thermax Ltd. 1.90Crompton Greaves Ltd. 0.62Telecom - Services 1.96Bharti Airtel Ltd. 1.96Power 1.47Torrent Power Ltd. 1.47Construction 1.45Sobha Ltd. 0.86Puravankara Projects Ltd. 0.59Cement 1.12Grasim Industries Ltd. 1.12Transportation 0.82Gujarat Pipavav Port Ltd 0.82Ferrous Metals 0.66Tata Steel Ltd. 0.66Finance 0.63CRISIL Ltd. 0.63Auto Ancillaries 0.60Motherson Sumi Systems Ltd. 0.60Other Equity (less than 0.50% of the corpus) 0.38Total Equity 95.45Cash & Other Receivables 4.55Monthly Average AUM (` in crores) 1452.72

Company Name % of Assets


PORTFOLIO

DIVIDENDS

FACTSHEET31st December 2014

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 18 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) Individuals/

HUF Others Individuals/HUF Others

DividendMarch 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

SCHEME PERFORMANCE (as on 31st December 2014)

Dec 30, 2011 to Dec 31, 2012

Dec 31, 2012 to Dec 31, 2013

Dec 31, 2013 to Dec 31, 2014

Since Inception

Current Value of Investment if

` 10,000 wasinvested on

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

Axis Equity Fund - Growth 31.73% 13.49% 40.85% 14.10% 19,310

CNX Nifty (Benchmark) 27.70% 6.76% 31.39% 9.45% 15,693

Axis Equity Fund - Direct Plan - Growth - - 42.67% 27.41% 16,223

CNX Nifty (Benchmark) - - 31.39% 18.00% 13,919

For Statutory Details & Risk Factors please refer page 22.

2

SECTOR ALLOCATION (%) Banks 29.87Software 15.32Auto 7.18Pharmaceuticals 7.07Construction Project 5.25Gas 3.99Petroleum Products 3.70Media & Entertainment 3.28Consumer Non Durables 2.92Chemicals 2.82Industrial Products 2.80Industrial Capital Goods 2.53Telecom - Services 1.96Power 1.47Construction 1.45Cement 1.12Transportation 0.82Ferrous Metals 0.66Finance 0.63Auto Ancillaries 0.60

¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢

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



STATISTICAL MEASURES (Since Inception)Standard deviation 13.48%Beta 0.95Sharpe Ratio* 1.19

Direct PlanStandard deviation 13.96%Beta 0.94Sharpe Ratio* 1.25*Risk-free rate assumed to be 8.2101%(364 days Treasury Bill yield on 31-12-14)







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

Banks 22.70ICICI Bank Ltd 8.24HDFC Bank Ltd 6.52Kotak Mahindra Bank Ltd 4.67DCB Bank Ltd 3.27Software 11.06Tata Consultancy Services Ltd 3.98Info Edge (India) Ltd 3.56Wipro Ltd 3.53Finance 10.52Housing Development Finance Corporation Ltd 6.81Bajaj Finance Ltd 3.71Auto 9.97Hero MotoCorp Ltd 5.65Tata Motors Ltd 4.32Industrial Capital Goods 7.79Thermax Ltd 3.06Siemens Ltd 2.76AIA Engineering Ltd 1.98Construction Project 5.15Larsen & Toubro Ltd 5.15Cement 4.25Grasim Industries Ltd 4.25

Consumer Non Durables 4.14Jubilant Foodworks Ltd 4.14Pharmaceuticals 4.09Lupin Ltd 4.09Industrial Products 3.86Cummins India Ltd 3.86Consumer Durables 3.35Bata India Ltd 3.35Retailing 2.95Trent Ltd 2.95Transportation 2.73Gateway Distriparks Ltd 2.73Non - Ferrous Metals 2.19Hindustan Zinc Ltd 2.19Media & Entertainment 2.10Dish TV India Ltd 2.10Auto Ancillaries 1.97Motherson Sumi Systems Ltd 1.97Total Equity 98.81Cash & Other Receivables 1.19Monthly Average AUM (` in crores) 206.89



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 18 for performance of all schemes managed by the fund manager.


Dec 31, 2012 to Dec 31, 2013

Dec 31, 2013 to Dec 31, 2014

Since Inception



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

Axis Focused 25 Fund - Growth 5.82% 38.75% 23.28% 16,900

CNX Nifty (Benchmark) 6.76% 31.39% 19.68% 15,690

S&P BSE 200 (Additional Benchmark) 4.38% 35.47% 20.72% 16,033

Axis Focused 25 Fund - Direct Plan - Growth - 40.37% 21.77% 14,820

CNX Nifty (Benchmark) - 31.39% 18.00% 13,919

S&P BSE 200 (Additional Benchmark) - 35.47% 18.41% 14,014


Market CapLarge Mid Small

Value

Inve

stm

ent S

tyle

Blend

Growth

3

SECTOR ALLOCATION (%) Banks 22.70Software 11.06Finance 10.52Auto 9.97Industrial Capital Goods 7.79Construction Project 5.15Cement 4.25Consumer Non Durables 4.14Pharmaceuticals 4.09Industrial Products 3.86Consumer Durables 3.35Retailing 2.95Transportation 2.73Non - Ferrous Metals 2.19Media & Entertainment 2.10Auto Ancillaries 1.97

¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢

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


FUND SIZE (`)Monthly Average AUM 3,373.23 Crore


Direct PlanStandard deviation 14.17%Beta 0.91Sharpe Ratio* 2.89*Risk-free rate assumed to be 8.2101% (364 days Treasury Bill yield on 31-12-14)




MINIMUM INVESTMENT AMOUNT (`)500/500


MINIMUM SIP INSTALLMENT AMOUNT (`)500/500

LOAD STRUCTUREEntry load - Not applicableExit load - Nil

Banks 18.65HDFC Bank Ltd 8.13Kotak Mahindra Bank Ltd 6.94ICICI Bank Ltd 3.59Finance 12.32Housing Development Finance Corporation Ltd 4.72Gruh Finance Ltd 2.32Multi Commodity Exchange of India Ltd 2.16Bajaj Finance Ltd 1.68Sundaram Finance Ltd 1.45Software 10.35Tata Consultancy Services Ltd 4.85Tech Mahindra Ltd 3.82Info Edge (India) Ltd 1.68Pharmaceuticals 8.47Sun Pharmaceuticals Industries Ltd 3.70Divi’s Laboratories Ltd 2.06Cadila Healthcare Ltd 1.39Ttk Healthcare Ltd 0.71IPCA Laboratories Ltd 0.60Consumer Durables 7.87TTK Prestige Ltd 4.11Symphony Ltd 1.94Bata India Ltd 1.83Auto Ancillaries 6.29Motherson Sumi Systems Ltd 2.88Bosch Ltd 1.80Wabco India Ltd 1.62Auto 5.34Maruti Suzuki India Ltd 2.78Eicher Motors Ltd 2.56

Construction Project 4.96Larsen & Toubro Ltd 4.96Industrial Products 4.31Cummins India Ltd 2.95Astral Poly Technik Ltd 1.37Transportation 3.54Gujarat Pipavav Port Ltd 2.11Blue Dart Express Ltd 1.43Chemicals 3.16Pidilite Industries Ltd 3.16Pesticides 2.71PI Industries Ltd 2.71Industrial Capital Goods 2.17Siemens Ltd 1.24AIA Engineering Ltd 0.93Power 2.02Torrent Power Ltd 2.02Textile Products 1.51Page Industries Ltd 1.51Telecom - Equipment & Accessories 1.06Astra Microwave Products Ltd 1.06Gas 1.01Gujarat State Petronet Ltd 1.01Consumer Non Durables 0.92Nestle India Ltd 0.92Hotels 0.52Speciality Restaurants Ltd 0.52Total Equity 97.18Debt, Cash & Other Receivables 2.82Monthly Average AUM (` in crores) 3,373.23



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 18 for performance of all schemes managed by the fund manager.


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

Regular Dividend

January 6, 2014 1.00 1.00 14.6918

August 7, 2012 0.80 0.80 12.1041

August 31, 2010 1.00 1.00 11.9703


Dec 30, 2011 to

Dec 31, 2012

Dec 31, 2012 to Dec 31, 2013

Dec 31, 2013 to Dec 31, 2014

Since Inception



inception dateAbsolute Return

(%)Absolute Return

(%)Absolute Return

(%) CAGR (%)

Axis Long Term Equity Fund - Growth 33.68% 16.51% 66.18% 23.42% 28,690S&P BSE 200 (Benchmark) 30.98% 4.38% 35.47% 9.52% 15,768CNX Nifty (Additional Benchmark) 27.70% 6.76% 31.39% 9.79% 15,965Axis Long Term Equity Fund - Direct Plan - Growth - - 68.85% 40.53% 19,730S&P BSE 200 (Benchmark) - - 35.47% 18.41% 14,014CNX Nifty (Additional Benchmark) - - 31.39% 18.00% 13,919



Value

Inve

stm

ent S

tyle

Blend

Growth

4

SECTOR ALLOCATION (%)Banks 18.65Finance 12.32Software 10.35Pharmaceuticals 8.47Consumer Durables 7.87Auto Ancillaries 6.29Auto 5.34Construction Project 4.96Industrial Products 4.31Transportation 3.54Chemicals 3.16Pesticides 2.71Industrial Capital Goods 2.17Power 2.02Textile Products 1.51Telecom - Equipment & Accessories 1.06Gas 1.01Consumer Non Durables 0.92Hotels 0.52

¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢¢

Banks 13.68The Federal Bank Ltd 4.67ING Vysya Bank Ltd 3.57DCB Bank Ltd 2.48Allahabad Bank 2.04Oriental Bank of Commerce 0.92Pharmaceuticals 9.35Pfizer Ltd 3.30Sanofi India Ltd 2.29Torrent Pharmaceuticals Ltd 1.44Cadila Healthcare Ltd 1.18IPCA Laboratories Ltd 1.13Finance 6.38Sundaram Finance Ltd 2.41ICRA Ltd 1.99SKS Microfinance Ltd 1.27CRISIL Ltd 0.72Chemicals 6.22Tata Chemicals Ltd 3.35BASF India Ltd 1.66Pidilite Industries Ltd 1.21Auto 5.58Eicher Motors Ltd 2.26SML Isuzu Ltd 1.76VST Tillers Tractors Ltd 1.56Software 4.75CMC Ltd 2.19Mphasis Ltd 1.42NIIT Technologies Ltd 1.14Construction Project 4.37Voltas Ltd 2.07Sadbhav Engineering Ltd 1.34Engineers India Ltd 0.97Transportation 4.11Gateway Distriparks Ltd 2.06Gujarat Pipavav Port Ltd 2.05Consumer Durables 4.10Whirlpool of India Ltd 1.41Bata India Ltd 1.21Blue Star Ltd 0.94Tube Investments of India Ltd 0.55

Gas 4.09Gujarat State Petronet Ltd 2.34Indraprastha Gas Ltd 1.75Industrial Capital Goods 3.54Thermax Ltd 1.78Crompton Greaves Ltd 1.16Alstom T&D India Ltd 0.60Construction 3.36Sobha Ltd 1.42Puravankara Projects Ltd 1.35ITD Cementation India Ltd 0.58Industrial Products 3.16FAG Bearings India Ltd 1.65SKF India Ltd 1.51Consumer Non Durables 3.14VST Industries Ltd 1.37Britannia Industries Ltd 1.04Agro Tech Foods Ltd 0.74Media & Entertainment 2.91D.B.Corp Ltd 2.09Entertainment Network (India) Ltd 0.82Cement 2.35Jk Lakshmi Cement Ltd 1.69Prism Cement Ltd 0.66Petroleum Products 2.23Gulf Oil Lubricants India Ltd 2.23Auto Ancillaries 2.20Amara Raja Batteries Ltd 1.26MRF Ltd 0.93Power 2.02Torrent Power Ltd 2.02Pesticides 1.62UPL Limited 0.89Rallis India Ltd 0.73Services 1.56Aditya Birla Nuvo Ltd 1.56Retailing 1.45Shopper’s Stop Ltd 1.45Other Equity (less than 0.50% of the corpus) 1.23Total Equity 93.40Cash & Other Receivables 6.60Monthly Average AUM (` in crores) 913.36



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 18 for performance of all schemes managed by the fund manager.


Dec 30, 2011 to Dec 31, 2012

Dec 31, 2012 to Dec 31, 2013

Dec 31, 2013 to Dec 31, 2014

Since Inception




(%)Absolute Return

(%)Absolute Return

(%) CAGR (%)

Axis Midcap Fund - Growth 52.60% 4.07% 76.55% 26.52% 24,840S&P BSE Midcap (Benchmark) 38.52% -5.73% 54.69% 12.13% 15,571CNX Nifty (Additional Benchmark) 27.70% 6.76% 31.39% 11.38% 15,173Axis Midcap Fund - Direct Plan - Growth - - 79.55% 36.43% 18,598S&P BSE Midcap (Benchmark) - - 54.69% 20.08% 14,411CNX Nifty (Additional Benchmark) - - 31.39% 18.00% 13,919


5

DIVIDENDS


Option Record Date


unit (Cum Dividend)

NAV per unit (Ex

Dividend)


NAV per unit (Ex



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

SECTOR ALLOCATION (%) Banks 13.68Pharmaceuticals 9.35Finance 6.38Chemicals 6.22Auto 5.58Software 4.75Construction Project 4.38Transportation 4.11Consumer Durables 4.10Gas 4.09Industrial Capital Goods 3.91Construction 3.36Industrial Products 3.16Consumer Non Durables 3.14Media & Entertainment 2.91Auto Ancillaries 2.66Cement 2.35Petroleum Products 2.23Power 2.02Pesticides 1.62Services 1.56Retailing 1.45Textile Products 0.40

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.




Direct PlanStandard deviation 21.44%Beta 1.01Sharpe Ratio* 1.82

*Risk-free rate assumed to be 8.2101% (364 days Treasury Bill yield on 31-12-14)







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



AVERAGE MATURITY@*10.99 years

MODIFIED DURATION@*6.58 years

YIELD TO MATURITY &

8.69%




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

PORTFOLIO

DIVIDENDS


Equity

Ass

et C

lass

Credit Quality

Debt

Gold

High Mid Low

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 10 invested at inception. Since inception returns for Axis Triple Advantage Fund - Growth Option & Direct Plan - Growth Option are calculated from 23rd August 2010 & 1st January 2013 respectively. Direct Plan was introduced on 1st January 2013.R. Sivakumar manages 2 schemes & Sudhanshu Asthana manages 7 schemes. Please refer to annexure on Page 18 & 19 for performance of all schemes managed by the fund managers.

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.


Dec 30, 2011 to

Dec 31, 2012

Dec 31, 2012 to Dec 31, 2013

Dec 31, 2013 to Dec 31, 2014

Since Inception




(%)Absolute Return

(%)Absolute Return

(%) CAGR (%)

Axis Triple Advantage Fund - Growth 19.39% 0.31% 17.16% 9.44% 14,81435% of CNX Nifty + 35% of Crisil Composite Bond Fund Index + 30% Of INR Price of Gold (Benchmark)

15.78% -1.54% 16.49% 9.00% 14,561

CNX Nifty 27.70% 6.76% 31.39% 9.65% 14,941Additional Benchmark Not ApplicableAxis Triple Advantage Fund - Direct Plan Growth - - 18.81% 9.25% 11,93235% of CNX Nifty + 35% of Crisil Composite Bond Fund Index + 30% Of INR Price of Gold (Benchmark)

- - 16.49% 6.92% 11,431

CNX Nifty - - 31.39% 18.00% 13,919Additional Benchmark Not Applicable


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 32.71Government Bond 16.649.20% GOI SOVEREIGN 6.298.28% GOI SOVEREIGN 4.748.60% GOI SOVEREIGN 3.208.24% GOI SOVEREIGN 1.088.40% GOI SOVEREIGN 0.558.83% GOI SOVEREIGN 0.337.16% GOI SOVEREIGN 0.308.35% GOI SOVEREIGN 0.148.12% GOI SOVEREIGN 0.02Corporate Bond 16.07Reliance Gas Transportation CRISIL AAAInfrastructure Ltd 6.76Hindalco Industries Ltd CRISIL AA 3.19Tata Power Company Ltd CRISIL AA- 2.66Rural Electrification CRISIL AAA Corporation Ltd 1.05Tata Steel Ltd CARE AA 0.92Power Finance Corporation Ltd CRISIL AAA 0.77Indian Infrastructure Fin Co Ltd CRISIL AAA 0.58The Indian Hotels Company Ltd CARE AA+ 0.14Total Equity 36.82Banks 7.06Kotak Mahindra Bank Ltd 2.39ICICI Bank Ltd 2.35HDFC Bank Ltd 2.31Finance 5.39Housing Development Finance Corporation Ltd 1.90Sundaram Finance Ltd 1.38Bajaj Finance Ltd 0.85Max India Ltd 0.70Bajaj Holdings & Investment Ltd 0.56Software 4.49Tata Consultancy Services Ltd 2.17Info Edge (India) Ltd 1.17Wipro Ltd 1.15

Industrial Capital Goods 2.60Thermax Ltd 1.82Siemens Ltd 0.78Construction Project 2.08Larsen & Toubro Ltd 2.08Auto 2.01Maruti Suzuki India Ltd 1.04Hero MotoCorp Ltd 0.98Industrial Products 1.78Cummins India Ltd 1.78Cement 1.64Ultratech Cement Ltd 0.83The Ramco Cements Ltd 0.81Power 1.56Tata Power Company Ltd 0.82Torrent Power Ltd 0.73Pharmaceuticals 1.56Sun Pharmaceuticals Industries Ltd 0.91Lupin Ltd 0.64Auto Ancillaries 1.51Wabco India Ltd 0.77Motherson Sumi Systems Ltd 0.74Consumer Non Durables 1.32Jubilant Foodworks Ltd 0.78Asian Paints Ltd 0.55Pesticides 0.79PI Industries Ltd 0.79Petroleum Products 0.63Castrol India Ltd 0.63Hotels 0.56The Indian Hotels Company Ltd 0.56Other Equity (less than 0.50% of the corpus) 1.84Exchange Traded Funds 29.30Axis Gold ETF 29.30Net Current Assets 1.17 Average AUM (` in crores) 480.64

Company Name Rating % of Assets


6

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

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

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

^ Includes Net Current Assets

36.82%

29.30%

16.64%

16.07%

1.17%

16.64%10.33%

4.11%

2.66% 0.14%

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 14.9015 15.2922Quarterly Dividend 11.5180 12.6210Half yearly Dividend 11.9955 12.1585Annual Dividend 12.3766 12.4725


AVERAGE MATURITY@*281 days

MODIFIED DURATION@*252 days

YIELD TO MATURITY &

8.88%




LOAD STRUCTUREEntry load - Not applicable

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

PORTFOLIO

DIVIDENDS


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


Dec 30, 2011 to Dec 31, 2012

Dec 31, 2012 to Dec 31, 2013

Dec 31, 2013 to Dec 31, 2014

Since Inception




(%)Absolute Return

(%)Absolute Return

(%) CAGR (%)

Axis Income Saver - Growth 13.08% 5.82% 20.68% 9.35% 14,902Crisil MIP Blended Fund Index (Benchmark) 12.12% 4.41% 16.83% 8.53% 14,410Additional Benchmark Not ApplicableAxis Income Saver - Direct Plan - Growth - - 22.88% 14.06% 12,991Crisil MIP Blended Fund Index (Benchmark) - - 16.83% 10.12% 12,114Additional Benchmark Not Applicable


Total Debt 38.83Corporate Bond 35.06Tata Sons Ltd CRISIL AAA 5.75Power Finance Corporation Ltd CRISIL AAA 4.82Housing Development Finance CRISIL AAACorporation Ltd 2.54Rural Electrification Corporation Ltd CRISIL AAA 2.27LIC Housing Finance Ltd CRISIL AAA 2.25Sesa Sterlite Ltd CRISIL AA+ 1.86Sundaram Finance Ltd ICRA AA+ 1.86Tata Capital Financial Services Ltd ICRA AA+ 1.85Bajaj Finance Ltd ICRA AA+ 1.85Tata Capital Financial Services Ltd CRISIL AA+ 1.50SRF Ltd FITCH AA 1.49Tata Motors Finance Ltd CRISIL AA 1.49National Housing Bank CRISIL AAA 1.34Kotak Mahindra Prime Ltd CRISIL AAA 1.13Indiabulls Housing Finance Ltd CARE AAA 0.94Adani Ports and Special Economic ICRA AA-Zone Ltd 0.93Cholamandalam Investment and ICRA AA Finance Company Ltd 0.93National Bank For Agriculture and CRISIL AAA Rural Development 0.24Blue Dart Express Ltd ICRA AA 0.02Zero Coupon Bond 3.77Edelweiss Financial Services Ltd CARE AA 3.77Total Money Market Instruments^ 27.00Banks 15.17Corporation Bank CRISIL A1+ 10.14Oriental Bank of Commerce CRISIL A1+ 4.57Oriental Bank of Commerce ICRA A1+ 0.37Indusind Bank Ltd CARE A1+ 0.09Others 11.26Housing Development Finance CRISIL A1+Corporation Ltd 5.26SKS Microfinance Ltd CARE A1+ 2.32

Housing Development Finance ICRA A1+Corporation Ltd 1.84SREI Equipment Finance Ltd ICRA A1+ 1.84Treasury Bill 0.5691Days Tbill SOVEREIGN 0.56Total Equity 19.54Banks 4.31Kotak Mahindra Bank Ltd 1.59HDFC Bank Ltd 1.51ICICI Bank Ltd 1.21Finance 2.46Housing Development Finance Corporation Ltd 1.37Multi Commodity Exchange of India Ltd 1.09Software 2.39Tata Consultancy Services Ltd 1.42Tech Mahindra Ltd 0.96Pharmaceuticals 2.23Cadila Healthcare Ltd 1.16Sun Pharmaceuticals Industries Ltd 1.07Construction Project 1.39Larsen & Toubro Ltd 1.39Consumer Durables 1.33Bata India Ltd 1.33Chemicals 1.31Pidilite Industries Ltd 1.31Industrial Products 0.89Cummins India Ltd 0.89Cement 0.87Shree Cements Ltd 0.87Auto Ancillaries 0.85Motherson Sumi Systems Ltd 0.85Transportation 0.59Blue Dart Express Ltd 0.59Other Equity (less than 0.50% of the corpus) 0.92Net Current Assets 14.63Monthly Average AUM (` in crores) 496.81



Option Record Date


unit (Cum Dividend)

NAV per unit (Ex

Dividend)


NAV per unit (Ex



Annual Dividend

March 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 - - - -March 28, 2011 0.1318 0.1228 10.3036 10.1737 - - - -

Half Yearly

Dividend

September 25, 2014 0.3117 0.2985 11.0839 11.4839 0.3896 0.3732 11.0825 11.5825 March 25, 2014 0.1948 0.1866 10.8330 10.5830 0.1948 0.1866 10.9151 10.6652 September 25, 2013 0.1169 0.1119 10.3111 10.1611 0.1169 0.1119 10.3277 10.1777 March 25, 2013 0.3964 0.3398 10.5539 10.1039 - - - -

QuarterlyDividend

December 29, 2014 0.1815 0.1683 11.7391 11.4891 - - - -September 25, 2014 0.1948 0.1866 11.0171 11.2671 - - - -June 25, 2014 0.1948 0.1866 11.2090 10.9590 0.1948 0.1866 11.6546 11.4046

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 18 & 19 for performance of all schemes managed by the fund managers.

^ Certificate of Deposit/Commercial Paper/Treasury Bill

Equity

Ass

et C

lass

Credit Quality

Debt

Gold

High Mid Low

7


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

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

41.63%

35.06%

19.54%

3.77%

62.34%

8.92%

7.70%

0.93% 0.56%

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 12.1608 12.2893Regular Dividend 10.4120 10.6575Half yearly Dividend 11.0977 11.1646


AVERAGE MATURITY10.93 years

MODIFIED DURATION6.81 years

YIELD TO MATURITY &

7.96%




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.


Dec 31, 2012 to Dec 31, 2013

Dec 31, 2013 to Dec 31, 2014

Since Inception

Current Value of Investment if ` 10,000

was invested on inception date

Absolute Return (%)

Absolute Return (%) CAGR (%)

Axis Constant Maturity 10 Year Fund - Growth -0.60% 14.97% 6.88% 12,161Crisil 10 Year Gilt Index (Benchmark) -0.68% 14.14% 6.91% 12,171Axis Constant Maturity 10 Year Fund - Direct Plan - Growth

- 15.53% 7.25% 11,500

Crisil 10 Year Gilt Index (Benchmark) - 14.14% 6.28% 11,294


Company Name Rating % of Assets Total Debt 93.84Government Bond 93.848.60% GOI SOVEREIGN 46.528.40% GOI SOVEREIGN 24.458.20% GOI SOVEREIGN 7.948.12% GOI SOVEREIGN 6.898.24% GOI SOVEREIGN 4.998.83% GOI SOVEREIGN 2.068.28% GOI SOVEREIGN 1.00Net Current Assets 6.16Monthly Average AUM (` in crores) 102.47

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



Half Yearly Dividend

September 25, 2013 0.1948 - 10.1987 10.4487 0.1948 - 10.2492 10.4992 March 25, 2013 0.3964 - 10.5695 10.1195 - - - -September 25, 2012 0.2202 - 10.1338 10.1338 - - - -

RegularDividend

December 26, 2014 0.0717 0.0665 10.4268 10.3281 0.0768 0.0713 10.6765 10.5706November 25, 2014 0.0731 - 10.5903 10.4795 0.0804 - 10.3391 10.2384 October 27, 2014 0.0672 0.0623 10.2442 10.1517 0.0796 - 10.5046 10.3949

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 19 for performance of all schemes managed by the fund manager.

8


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

93.84%

6.16%

100.00%

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 13.9083 14.2776Quarterly Dividend 10.6737 10.9817Half Yearly Dividend 11.0094 11.2279


AVERAGE MATURITY*9.12 years

MODIFIED DURATION*5.20 years

YIELD TO MATURITY &

8.39%




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

PORTFOLIO


High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low


Dec 30, 2011 to Dec 31, 2012

Dec 31, 2012 to Dec 31, 2013

Dec 31, 2013 to Dec 31, 2014

Since Inception



inception date

Absolute Return (%)

Absolute Return (%)


Axis Dynamic Bond Fund - Growth 10.81% 4.92% 14.06% 9.37% 13,908Crisil Composite Bond Fund Index (Benchmark) 9.38% 3.79% 14.31% 8.79% 13,637Additional Benchmark Not ApplicableAxis Dynamic Bond Fund - Direct Plan - Growth

- - 15.76% 10.70% 12,251

Crisil Composite Bond Fund Index (Benchmark) - - 14.31% 8.83% 11,840Additional Benchmark Not Applicable


Total Debt 69.78Government Bond 51.008.60% GOI SOVEREIGN 15.919.20% GOI SOVEREIGN 11.838.28% GOI SOVEREIGN 10.948.15% GOI SOVEREIGN 4.568.17% GOI SOVEREIGN 3.678.24% GOI SOVEREIGN 2.278.20% GOI SOVEREIGN 0.908.83% GOI SOVEREIGN 0.478.35% GOI SOVEREIGN 0.45Corporate Bond 18.78Reliance Gas Transportation CRISIL AAA Infrastructure Ltd 8.77

Tata Steel Ltd CARE AA 2.44Sesa Sterlite Ltd CRISIL AA+ 2.23Rural Electrification CRISIL AAA Corporation Ltd 2.23Tata Power Company Ltd CRISIL AA- 1.88Indian Infrastructure Fin Co Ltd CRISIL AAA 1.23Total Money Market Instruments^ 4.43Banks 2.22IDBI Bank Ltd CRISIL A1+ 2.22Others 2.22Edelweiss Commodities Ltd CRISIL A1+ 2.22Net Current Assets 25.79Monthly Average AUM (` in crores) 210.92




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

September 25, 2014 0.3117 0.2985 10.0067 10.4067 0.3117 0.2985 10.1720 10.5720 March 25, 2014 0.1948 0.1866 10.4980 10.2480 0.1948 0.1866 10.5741 10.3240 September 25, 2013 0.1861 0.1783 10.3133 10.0744 0.1948 0.1866 10.3313 10.0814 March 25, 2013 0.4405 - 10.7786 10.2786 - - - -

QuarterlyDividend

December 29, 2014 0.1815 0.1683 10.8856 10.6356 0.1815 0.1683 11.1917 10.9417September 25, 2014 0.1948 0.1866 10.0765 10.3265 0.1948 0.1866 10.3264 10.5764 June 25, 2014 0.1948 0.1866 10.5880 10.3380 0.1948 0.1866 10.7950 10.5450

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 18 & 19 for performance of all schemes managed by the fund managers.

9

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

¢ SOV ¢ CRISIL A1+, CRISIL AAA & Equivalent ¢ CARE AA ¢ CRISIL AA+ ¢ CRISIL AA-

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

51.00%30.22%

18.78%

51.00%

42.45%

2.44%

2.23%1.88%

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 12.9873 13.2169Quarterly Dividend 10.7217 10.9269Half yearly Dividend 11.1499 -




YIELD TO MATURITY &

8.32%





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

PORTFOLIO

DIVIDENDS


High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low



Dec 31, 2012 to Dec 31, 2013

Dec 31, 2013 to Dec 31, 2014

Since Inception



inception date

Absolute Return (%)


Axis Income Fund - Growth 4.72% 15.01% 9.93% 12,987Crisil Composite Bond Fund Index (Benchmark) 3.79% 14.31% 9.08% 12,713Crisil 10 Year Gilt Index (Additional Benchmark) -0.68% 14.14% 7.90% 12,337Axis Income Fund - Direct Plan - Growth - 16.26% 10.43% 12,171Crisil Composite Bond Fund Index (Benchmark) - 14.31% 8.67% 11,790Crisil 10 Year Gilt Index (Additional Benchmark) - 14.14% 5.94% 11,210


Total Debt 96.54Government Bond 65.538.15% GOI SOVEREIGN 13.348.60% GOI SOVEREIGN 12.989.20% GOI SOVEREIGN 12.938.28% GOI SOVEREIGN 11.968.40% GOI SOVEREIGN 3.977.83% GOI SOVEREIGN 3.248.12% GOI SOVEREIGN 2.287.16% GOI SOVEREIGN 2.168.17% GOI SOVEREIGN 1.348.35% GOI SOVEREIGN 0.998.83% GOI SOVEREIGN 0.34Corporate Bond 25.00Reliance Gas Transportation CRISIL AAA Infrastructure Ltd 8.28

Rural Electrification Corporation Ltd CRISIL AAA 6.51Tata Power Company Ltd CRISIL AA- 6.15Power Finance Corporation Ltd CRISIL AAA 1.71Hindalco Industries Ltd CRISIL AA 1.65Tata Steel Ltd CARE AA 0.71State Government Bond 6.018.58% Gujarat SDL SOVEREIGN 3.328.68% Gujarat SDL SOVEREIGN 2.69Total Money Market Instruments^ 3.23Others 3.23Edelweiss Commodities Ltd CRISIL A1+ 3.23Net Current Assets 0.23Monthly Average AUM (` in crores) 152.34



Option Record Date


unit (Cum Dividend)

NAV per unit (Ex

Dividend)


NAV per unit (Ex



Half Yearly

Dividend

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 - - - -March 25, 2013 0.4405 0.3775 10.7747 10.2747 - - - -

QuarterlyDividend

December 29, 2014 0.1815 0.1683 10.9264 10.6764 0.1815 0.1683 11.1301 10.8801September 25, 2014 0.1948 0.1866 10.1121 10.3621 0.1948 0.1866 10.2754 10.5254 June 25, 2014 0.1948 0.1866 10.5946 10.3446 0.1948 0.1866 10.7282 10.4782

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 19 for performance of all schemes managed by the fund managers.

Credit Risk Rating[ICRA]AAAmfs$

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

10


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

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

65.53%

25.00%

6.01%3.46%

71.54%

19.95%

6.15%2.36%

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

To generate stable returns by investing in debt & money market instruments across the yield curve & credit spectrum. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

DATE OF ALLOTMENT15th July 2014

FUND MANAGER

Devang ShahWork experience: 11 years


Both have been managing this fund since inception.

LATEST NAV (`) Direct PlanGrowth 10.5736 10.6059Weekly Dividend 10.1504 10.1638Monthly Dividend 10.1326 10.1337




YIELD TO MATURITY&

9.20%



LOAD STRUCTUREEntry load - NA

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


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

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


11

AXIS FIXED INCOME

OPPORTUNIT I ES

FUND

PORTFOLIOCompany Name Rating % of Assets Total Debt 85.91Corporate Bond 60.26Tata Sons Ltd CRISIL AAA 13.96

LIC Housing Finance Ltd CRISIL AAA 12.65

Power Finance Corporation Ltd CRISIL AAA 11.10

SRF Ltd FITCH AA 9.64

Adani Ports and Special Economic ICRA AA-

Zone Ltd 9.28

Bharat Aluminium Co Ltd. CRISIL AA- 3.62

Government Bond 18.688.60% GOI SOVEREIGN 7.96

DIVIDENDS

Option Record Date


unit (Cum Dividend)

NAV per unit (Ex

Dividend)


NAV per unit (Ex



Monthly Dividend

December 26, 2014 0.0713 0.0661 10.1980 10.0998 0.0708 0.07 10.1973 10.0998November 25, 2014 0.0562 0.0521 10.2051 10.13 0.0680 0.0630 10.2131 10.1194 October 27, 2014 0.0686 0.0636 10.1833 10.09 0.0720 0.0668 10.1892 10.0900

Company Name Rating % of Assets 8.40% GOI SOVEREIGN 6.39

8.15% GOI SOVEREIGN 2.80

9.20% GOI SOVEREIGN 1.52

Zero Coupon Bond 6.97Edelweiss Financial Services Ltd CARE AA 6.97

Total Money Market Instruments^ 9.26Others 9.26SKS Microfinance Ltd CARE A1+ 9.26

Net Current Assets 4.83Monthly Average AUM (` in crores) 72.29



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

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

¢ Zero Coupon Bond ^ Includes Net Current Assets

60.26%18.68%

14.09%

6.97%

51.80%18.68%

16.61%

12.90%

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 14.7724 15.0282 14.6059Regular Dividend 10.1581 10.2590 10.1643Monthly Dividend 10.1962 10.2269 10.0812




YIELD TO MATURITY &

8.67%


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)

~ Note: With effect from 1st October 2012, the Retail Plan has been discontinued.

PORTFOLIO

DIVIDENDS


High

Inte

rnal

Rat

e Se

nsiti

vity

Credit Quality

Med

Low

High Mid Low



Dec 30, 2011 to Dec 31, 2012

Dec 31, 2012 to Dec 31, 2013

Dec 31, 2013 to Dec 31, 2014

Since Inception



inception date

Absolute Return (%)

Absolute Return (%)


Axis Short Term Fund - Growth 10.08% 7.30% 10.04% 8.21% 14,772Crisil Short Term Bond Fund Index (Benchmark) 9.15% 8.27% 10.47% 8.08% 14,679Crisil 1 Year T-Bill Index (Additional Benchmark) 8.11% 5.86% 8.56% 6.37% 13,570Axis Short Term Fund - Direct Plan - Growth - - 11.03% 9.56% 12,000Crisil Short Term Bond Fund Index (Benchmark) - - 10.47% 9.35% 11,955Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.56% 7.19% 11,487Axis Short Term Fund - Retail Plan - Growth 9.56% 7.30% 10.08% 8.15% 14,606Crisil Short Term Bond Fund Index (Benchmark) 9.15% 8.27% 10.47% 8.22% 14,649Crisil 1 Year T-Bill Index (Additional Benchmark) 8.11% 5.86% 8.56% 6.46% 13,538


Total Debt 77.59Corporate Bond 59.55Housing Development Finance CRISIL AAA Corporation Ltd 9.86LIC Housing Finance Ltd CRISIL AAA 9.46Rural Electrification CRISIL AAA Corporation Ltd 7.94Cholamandalam Investment and ICRA AA Finance Company Ltd 5.70Power Finance Corporation Ltd CRISIL AAA 4.52Tata Motors Finance Ltd CRISIL AA 3.47Sesa Sterlite Ltd CRISIL AA+ 3.03IDFC Ltd. ICRA AAA 2.85Chennai Petroleum CRISIL AAA Corporation Ltd 2.53Adani Ports and Special ICRA AA- Economic Zone Ltd 1.79National Bank For Agriculture CRISIL AAA and Rural Development 1.75Bharat Aluminium Co Ltd. CRISIL AA- 1.54Tata Sons Ltd CRISIL AAA 1.39Indiabulls Housing Finance Ltd CARE AAA 1.02LIC Housing Finance Ltd CARE AAA 0.76Sundaram Finance Ltd ICRA AA+ 0.50Shriram Transport Finance CRISIL AA Company Ltd 0.41Hindustan Petroleum CRISIL AAA Corporation Ltd 0.35Reliance Utilities & Power Pvt Ltd CRISIL AAA 0.23Tata Motors Ltd CARE AA+ 0.20

Tata Capital Financial ICRA AA+Services Ltd 0.11Small Industries CRISIL AAADev Bank of India 0.07Power Grid Corporation CRISIL AAA of India Ltd 0.06Government Bond 15.098.40% GOI SOVEREIGN 7.098.27% GOI SOVEREIGN 7.098.12% GOI SOVEREIGN 0.91Zero Coupon Bond 2.95Indiabulls Housing Finance Ltd CARE AAA 2.95Total Money Market Instruments^ 18.66Banks 10.32Andhra Bank CARE A1+ 4.67IDBI Bank Ltd CRISIL A1+ 2.33Oriental Bank of Commerce ICRA A1+ 2.33Union Bank of India ICRA A1+ 0.50Oriental Bank of Commerce CRISIL A1+ 0.50Others 7.61Housing Development Finance CRISIL A1+ Corporation Ltd 4.16Power Finance Corporation Ltd CARE A1+ 2.45Tata Power Company Ltd ICRA A1+ 0.99Treasury Bill 0.7391 Days Tbill SOVEREIGN 0.4391Days Tbill SOVEREIGN 0.30Net Current Assets 3.75Monthly Average AUM (` in crores) 998.78



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. Direct Plan was introduced on 1st January 2013.Devang Shah manages 21 schemes. Please refer to annexure on Page 19 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

Dec 26, 2014 0.0594 0.0551 10.2552 10.1733 0.0676 0.0627 10.1516 10.0585 0.0630 0.0584 10.2897 10.2028Nov 25, 2014 0.0291 0.0270 10.2214 10.1813 0.0646 0.0599 10.1674 10.0784 0.0448 0.0416 10.2712 10.2094 Oct 27, 2014 0.0538 0.0499 10.1986 10.1244 0.0480 0.0518 10.1422 10.0709 0.0541 0.0583 10.2481 10.1678


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 ¢ ICRA AA/ CRISIL AA ¢ CRISIL AA+, CARE AA+, ICRA AA+¢ CRISIL AA-, ICRA AA-

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

59.55%22.41%

15.09%

2.95%

67.42%

15.82%

9.57%

3.85% 3.34%

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 1,249.2189 1,253.9305Daily Dividend 1,005.2037 1,005.2037 Weekly Dividend 1,005.0517 1,004.5376Monthly Dividend 1,005.1179 1,005.1451


AVERAGE MATURITY48 days

MODIFIED DURATION46 days

YIELD TO MATURITY &

8.28%




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.


Dec 31, 2012 to Dec 31, 2013

Dec 31, 2013 to Dec 31, 2014

Since Inception



inception dateAbsolute Return (%) Absolute Return

(%) CAGR (%)

Axis Banking Debt Fund - Growth 8.69% 9.27% 9.06% 12,492Crisil Short Term Bond Fund Index (Benchmark) 8.27% 10.47% 9.32% 12,569Crisil 1 Year T-Bill Index (Additional Benchmark) 5.86% 8.56% 7.30% 11,980Axis Banking Debt Fund - Direct Plan - Growth - 9.50% 9.15% 11,910Crisil Short Term Bond Fund Index (Benchmark) - 10.47% 9.35% 11,955Crisil 1 Year T-Bill Index (Additional Benchmark) - 8.56% 7.19% 11,487


Total Money Market Instruments^ 99.07Banks 99.07Corporation Bank CRISIL A1+ 12.21

Vijaya Bank CARE A1+ 11.52

Dena Bank CRISIL A1+ 11.52

Oriental Bank of Commerce CRISIL A1+ 11.51

Indian Overseas Bank ICRA A1+ 11.51

Canara Bank CRISIL A1+ 11.50

Punjab & Sind Bank ICRA A1+ 6.20

Bank of Baroda ICRA A1+ 5.77

IDBI Bank Ltd ICRA A1+ 5.75

Punjab National Bank CRISIL A1+ 5.74

Bank of Maharashtra CRISIL A1+ 5.73

Bank of India CRISIL A1+ 0.11

Net Current Assets 0.93

Monthly Average AUM (` in crores) 510.52



Option Record Date


unit (Cum Dividend)

NAV per unit (Ex

Dividend)


NAV per unit (Ex



MonthlyDividend

Dec 26, 2014 4.9175 - 1,010.7134 1,003.9388 5.0405 - 1,010.8834 1,003.9381Nov 25, 2014 5.0358 - 1,010.8763 1,003.9387 5.1532 - 1,011.0360 1,003.9381 Oct 27, 2014 5.9251 - 1,012.1015 1,003.9387 6.0552 - 1,012.2793 1,003.9381

Past performance may or may not be sustained in future. Calculations are based on Growth Option NAV. Since inception returns are calculated on ` 1,000 invested at inception. Since inception returns for Axis Banking Debt Fund - Growth Option & Direct Plan - Growth Option are calculated from 8th June 2012 & 1st January 2013 respectively. Direct Plan was introduced on 1st January 2013.Kedar Karnik manages 23 schemes. Please refer to annexure on Page 19-20 for performance of all schemes managed by the fund manager.


^ Certificate of Deposit


13


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

100.00%

100.00%

FUND STYLE


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

DATE OF ALLOTMENT9th October 2009

FUND MANAGER


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

LATEST NAV (`) Direct Plan Retail PlanGrowth 1519.5042 1531.6274 1449.1374Daily Dividend 1003.8293 1004.6832 1003.1060 Weekly Dividend 1003.3139 1004.5637 1003.0518Monthly Dividend 1003.4589 1003.5406 1003.3761FUND SIZE (`)Monthly Average AUM 1,439.09 Crore

AVERAGE MATURITY*160 days

MODIFIED DURATION*153 days

YIELD TO MATURITY &

8.79%




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.


Dec 30, 2011 to Dec 31, 2012

Dec 31, 2012 to Dec 31, 2013

Dec 31, 2013 to Dec 31, 2014

Since Inception



inception date

Absolute Return (%)

Absolute Return (%)


Axis Treasury Advantage Fund - Growth 9.71% 9.42% 8.72% 8.33% 15,195

Crisil Liquid Fund Index (Benchmark) 8.54% 9.03% 9.21% 7.76% 14,784

Crisil 1 Year T-Bill Index (Additional Benchmark) 8.11% 5.86% 8.56% 6.17% 13,675

Axis Treasury Advantage Fund - Direct Plan - Growth - - 9.28% 9.50% 11,987

Crisil Liquid Fund Index (Benchmark) - - 9.21% 9.13% 11,906

Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.56% 7.19% 11,487

Axis Treasury Advantage Fund - Retail Plan - Growth 8.87% 8.43% 7.98% 7.98% 14,491

Crisil Liquid Fund Index (Benchmark) 8.54% 9.03% 9.21% 8.16% 14,609

Crisil 1 Year T-Bill Index (Additional Benchmark) 8.11% 5.86% 8.56% 6.47% 13,537


Total Money Market Instruments^ 87.33Banks 52.33Karur Vysya Bank Ltd ICRA A1+ 6.99Canara Bank CRISIL A1+ 6.98Andhra Bank CARE A1+ 6.64IDBI Bank Ltd CRISIL A1+ 6.60Ratnakar Bank Ltd ICRA A1+ 3.51Punjab National Bank CRISIL A1+ 3.49Bank of Baroda ICRA A1+ 3.49Punjab National Bank CARE A1+ 3.49Oriental Bank of Commerce ICRA A1+ 3.32HDFC Bank Ltd CARE A1+ 3.32Corporation Bank CRISIL A1+ 2.76Bank of India CRISIL A1+ 1.74Others 27.79IDFC Ltd. ICRA A1+ 6.99SREI Equipment Finance Ltd ICRA A1+ 5.23Ranbaxy Laboratories Ltd CARE A1+ 3.48JM Financial Products Ltd CRISIL A1+ 3.48

SKS Microfinance Ltd CARE A1+ 3.46Tata Motors Finance Ltd CRISIL A1+ 1.75Indiabulls Housing Finance Ltd CRISIL A1+ 1.74Housing Development Finance ICRA A1+ Corporation Ltd 1.65Treasury Bill 7.21364 Days Tbill SOVEREIGN 7.21Total Debt 12.63Corporate Bond 1.84Indiabulls Housing Finance Ltd CARE AAA 1.84Zero Coupon Bond 10.79Edelweiss Financial Services Ltd CARE AA 5.40Religare Finvest Ltd ICRA AA- 5.39Net Current Assets 0.04

Monthly Average AUM (` in crores) 1,439.09



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. Direct Plan was introduced on 1st January 2013.Kedar Karnik manages 23 schemes. Please refer to annexure on Page 19-20 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

Dec 26, 2014 4.6388 4.3018 1,008.5684 1,002.1779 4.2660 - 1,008.0544 1,002.1776 5.0101 4.6462 1,009.0797 1,002.1775Nov 25, 2014 4.8460 4.4941 1,008.8537 1,002.1777 4.4971 - 1,008.3726 1,002.1773 5.1801 - 1,009.3137 1,002.1774 Oct 27, 2014 5.3314 4.9442 1,009.5222 1,002.1775 4.9454 - 1,008.9898 1,002.1770 5.7164 - 1,010.0525 1,002.1773

^ Certificate of Deposit/Commercial Paper/BRDS/Treasury Bill


14


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

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

87.37%

10.79%

1.84%

82.00%

7.21%

5.40%5.39%

FUND STYLE

TYPE OF SCHEME / INVESTMENT OBJECTIVEAn Open-ended Liquid Scheme

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

DATE OF ALLOTMENT9th October 2009

FUND MANAGER



LATEST NAV (`) Direct Plan Retail PlanGrowth 1516.5030 1518.4918 1465.087Daily Dividend 1000.3096 1000.3096 1000.3096Weekly Dividend 1002.5876 1002.5907 1000.6805Monthly Dividend 1001.3182 1001.2681 1001.1928

FUND SIZE (`)Monthly Average AUM 6,991.10 Crore

AVERAGE MATURITY50 days

MODIFIED DURATION47 days

YIELD TO MATURITY &

8.35%




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^ 97.96Banks 42.22Oriental Bank of Commerce CRISIL A1+ 6.02Oriental Bank of Commerce ICRA A1+ 5.91UCO Bank ICRA A1+ 5.91Ratnakar Bank Ltd ICRA A1+ 5.63Andhra Bank CARE A1+ 4.64Canara Bank CRISIL A1+ 3.06Kotak Mahindra Bank Ltd CRISIL A1+ 2.98Union Bank of India CRISIL A1+ 1.97Punjab & Sind Bank ICRA A1+ 1.97Canara Bank ICRA A1+ 0.99IDBI Bank Ltd ICRA A1+ 0.99Corporation Bank CRISIL A1+ 0.98Punjab National Bank CRISIL A1+ 0.98Vijaya Bank CARE A1+ 0.10Bank of Maharashtra CRISIL A1+ 0.10Others 43.86Ranbaxy Laboratories Ltd CARE A1+ 6.69Gruh Finance Ltd CRISIL A1+ 5.82SREI Equipment Finance Ltd ICRA A1+ 5.23Dewan Housing Finance CARE A1+Corporation Ltd 3.92Edelweiss Financial Services Ltd CARE A1+ 3.86Edelweiss Commodities Ltd CRISIL A1+ 2.95Talwandi Sabo Power Ltd FITCH A1+ 2.94

Sesa Sterlite Ltd FITCH A1+ 2.87Housing Development Finance Corporation Ltd CRISIL A1+ 1.96Tata Motors Finance Ltd CRISIL A1+ 1.87Sesa Sterlite Ltd CRISIL A1+ 1.77JM Financial Services Ltd CRISIL A1+ 1.09Alkem Laboratories Ltd. CRISIL A1+ 0.99Religare Finvest Ltd FITCH A1+ 0.99JM Financial Products Ltd CRISIL A1+ 0.20Housing Development Finance Corporation Ltd ICRA A1+ 0.20Talwandi Sabo Power Ltd CRISIL A1+ 0.20Tata Motors Ltd ICRA A1+ 0.10I L & F S Ltd CARE A1+ 0.10India Infoline Finance Ltd CRISIL A1+ 0.10Treasury Bill 11.8891Days Tbill SOVEREIGN 8.92364 DAYS TBILL SOVEREIGN 2.96Total Debt 0.50Zero Coupon Bond 0.50Bajaj Finance Ltd CRISIL AA+ 0.50Net Current Assets 1.55Monthly Average AUM (` in crores) 6,991.10



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 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. Direct Plan was introduced on 31st December 2012.Devang Shah manages 21 schemes. Please refer to annexure on Page 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

Dec 26, 2014 5.1735 4.7977 1,007.2660 1,000.1386 4.8623 - 1,006.7810 1,000.0819 5.2105 - 1,007.2586 1,000.0805Nov 25, 2014 4.9218 4.5643 1,006.9192 1,000.1386 4.6360 - 1,006.4681 1,000.0818 4.9609 - 1,006.9151 1,000.0805 Oct 27, 2014 5.8939 5.4658 1,008.2585 1,000.1386 5.2288 - 1,007.2858 1,000.0817 5.5881 - 1,007.7789 1,000.0805


15


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

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

99.50%

0.50%

87.63%

11.88%0.50%

SCHEME PERFORMANCE (as on 31st December 2014) 7 Days 15

Days30

Days

Dec 30, 2011to

Dec 31, 2012

Dec 31, 2012to

Dec 31, 2013

Dec 31, 2013to

Dec 31, 2014

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 8.94% 8.78% 8.75% 9.69% 9.20% 9.10% 8.29% 15,165Crisil Liquid Fund Index (Benchmark) 9.32% 8.64% 8.42% 8.54% 9.03% 9.21% 7.76% 14,784Crisil 1 Year T-Bill Index (Additional Benchmark) 12.06% 8.85% 8.97% 8.11% 5.86% 8.56% 6.17% 13,675Axis Liquid Fund - Direct Plan - Growth 9.00% 8.84% 8.82% - - 9.16% 9.22% 11,929Crisil Liquid Fund Index (Benchmark) 9.32% 8.64% 8.42% - - 9.21% 9.12% 11,908Crisil 1 Year T-Bill Index (Additional Benchmark) 12.06% 8.85% 8.97% - - 8.56% 7.20% 11,492Axis Liquid Fund - Retail Plan - Growth 8.39% 8.24% 8.21% 9.24% 8.67% 8.55% 8.21% 14,651Crisil Liquid Fund Index (Benchmark) 9.32% 8.64% 8.42% 8.54% 9.03% 9.21% 8.15% 14,613Crisil 1 Year T-Bill Index (Additional Benchmark) 12.06% 8.85% 8.97% 8.11% 5.86% 8.56% 6.46% 13,539

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

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

DATE OF ALLOTMENT14th August 2014

FUND MANAGER

Pankaj MurarkaWork experience: 16 years


Both have been managing this fund since inception.





LOAD STRUCTUREEntry load - NA

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



16

AXIS ENHANCED

ARBITRAGE FUND

PORTFOLIO

Total Hedged Equity 67.08Indusind Bank Ltd 8.01

Maruti Suzuki India Ltd 7.84

HDFC Bank Ltd 7.79

Lupin Ltd 7.12

Reliance Industries Ltd 6.85

IDFC Ltd. 5.70

Tata Motors Ltd 4.73

Asian Paints Ltd 4.62

Tech Mahindra Ltd 3.42

JSW Steel Ltd 1.95

Syndicate Bank Ltd 1.70

Rural Electrification Corporation Ltd 1.45

Glenmark Pharmaceuticals Ltd 1.10


Company Name % of Assets Adani Port and Special Economic Zone Ltd 1.03

Arvind Ltd 0.74

Mahindra & Mahindra Ltd 0.73

Biocon Ltd 0.61

Sesa Sterlite Ltd 0.59

Adani Power Ltd 0.53

Ultratech Cement Ltd 0.29

Hindustan Petroleum Corporation Ltd 0.14

Reliance Infrastructure Ltd 0.13

Apollo Tyres Ltd 0.06

Debt, Cash & Other Receivables 32.92Monthly Average AUM (` in crores) 81.20

ANNEXURE FOR RETURNS OF ALL THE SCHEMES (as on 31st December 2014)

Dec 30, 2011 to Dec 31, 2012

Absolute Return (%)

Dec 31, 2012 to Dec 31, 2013 Absolute Return

(%)

Dec 31, 2013 to Dec 31, 2014

Absolute Return (%)

Since Inception CAGR (%)



Date of inception

Funds managed by Pankaj MurarkaAxis Equity Fund - Growth 31.73% 13.49% 40.85% 14.10% 19,310 05-Jan-10CNX Nifty (Benchmark) 27.70% 6.76% 31.39% 9.45% 15,693Axis Equity Fund - Direct Plan - Growth - - 42.67% 27.41% 16,223 01-Jan-13CNX Nifty (Benchmark) - - 31.39% 18.00% 13,919Axis Midcap Fund - Growth 52.60% 4.07% 76.55% 26.52% 24,840

18-Feb-11S&P BSE Midcap (Benchmark) 38.52% -5.73% 54.69% 12.13% 15,571CNX Nifty (Additional Benchmark) 27.70% 6.76% 31.39% 11.38% 15,173Axis Midcap Fund - Direct Plan - Growth - - 79.55% 36.43% 18,598

01-Jan-13S&P BSE Midcap (Benchmark) - - 54.69% 20.08% 14,411CNX Nifty (Additional Benchmark) - - 31.39% 18.00% 13,919

Funds managed by Sudhanshu AsthanaAxis Focused 25 Fund - Growth - 5.82% 38.75% 23.28% 16,900

29-Jun-12CNX Nifty (Benchmark) - 6.76% 31.39% 19.68% 15,690S&P BSE 200 (Additional Benchmark) - 4.38% 35.47% 20.72% 16,033Axis Focused 25 Fund - Direct Plan - Growth - - 40.37% 21.77% 14,820

01-Jan-13CNX Nifty (Benchmark) - - 31.39% 18.00% 13,919S&P BSE 200 (Additional Benchmark) - - 35.47% 18.41% 14,014Axis Triple Advantage Fund - Growth 19.39% 0.31% 17.16% 9.44% 14,814

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

15.78% -1.54% 16.49% 9.00% 14,561

CNX Nifty 27.70% 6.76% 31.39% 9.65% 14,941Additional Benchmark Not ApplicableAxis Triple Advantage Fund - Direct Plan Growth - - 18.81% 9.25% 11,932

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

- - 16.49% 6.92% 11,431

CNX Nifty - - 31.39% 18.00% 13,919Additional Benchmark Not ApplicableAxis Capital Protection Oriented Fund - Series 1 14.23% 5.15% 22.20% 15.17% 15,477 28-Nov-11Crisil MIP Blended Fund Index (Benchmark) 12.12% 4.41% 16.83% 10.75% 13,715Additional Benchmark Not ApplicableAxis Capital Protection Oriented Fund - Series 2 14.83% 5.47% 23.72% 14.33% 15,053 12-Dec-11Crisil MIP Blended Fund Index (Benchmark) 12.12% 4.41% 16.83% 10.71% 13,646Additional Benchmark Not ApplicableAxis Capital Protection Oriented Fund - Series 4 - 6.37% 23.81% 12.99% 14,249 07-Feb-12Crisil MIP Blended Fund Index (Benchmark) - 4.41% 16.83% 10.13% 13,226Additional Benchmark Not ApplicableAxis Capital Protection Oriented Fund - Series 5 - 5.93% 23.56% 14.68% 13,446 02-Nov-12Crisil MIP Blended Fund Index (Benchmark) - 4.41% 16.83% 10.55% 12,422Additional Benchmark Not Applicable

Funds managed by Jinesh GopaniAxis Long Term Equity Fund - Growth* 33.68% 16.51% 66.18% 23.42% 28,690

29-Dec-09S&P BSE 200 (Benchmark) 30.98% 4.38% 35.47% 9.52% 15,768CNX Nifty (Additional Benchmark) 27.70% 6.76% 31.39% 9.79% 15,965Axis Long Term Equity Fund - Direct Plan - Growth* - - 68.85% 40.53% 19,730

01-Jan-13S&P BSE 200 (Benchmark) - - 35.47% 18.41% 14,014CNX Nifty (Additional Benchmark) - - 31.39% 18.00% 13,919Axis Income Saver - Growth 13.08% 5.82% 20.68% 9.35% 14,902 16-Jul-10Crisil MIP Blended Fund Index (Benchmark) 12.12% 4.41% 16.83% 8.53% 14,410Additional Benchmark Not ApplicableAxis Income Saver - Direct Plan - Growth - - 22.88% 14.06% 12,991 04-Jan-13Crisil MIP Blended Fund Index (Benchmark) - - 16.83% 10.12% 12,114Additional Benchmark Not ApplicableAxis Hybrid Fund - Series 5 - Growth - - 21.61% 17.04% 12,535 25-Jul-13Crisil MIP Blended Fund Index (Benchmark) - - 16.83% 13.81% 12,040Additional Benchmark Not ApplicableAxis Hybrid Fund - Series 5 - Direct Plan - Growth - - 22.73% 18.15% 12,705 25-Jul-13Crisil MIP Blended Fund Index (Benchmark) - - 16.83% 13.81% 12,040Additional Benchmark Not ApplicableAxis Hybrid Fund - Series 6 - Growth - - 23.03% 21.19% 13,025 16-Aug-13Crisil MIP Blended Fund Index (Benchmark) - - 16.83% 16.98% 12,408Additional Benchmark Not ApplicableAxis Hybrid Fund - Series 6 - Direct Plan - Growth - - 24.20% 22.36% 13,199 16-Aug-13Crisil MIP Blended Fund Index (Benchmark) - - 16.83% 16.98% 12,408Additional Benchmark Not ApplicableAxis Hybrid Fund - Series 7 - Growth - - 22.89% 21.42% 12,921 05-Sep-13Crisil MIP Blended Fund Index (Benchmark) - - 16.83% 15.57% 12,106Additional Benchmark Not ApplicableAxis Hybrid Fund - Series 7 - Direct Plan - Growth - - 24.11% 22.63% 13,092 05-Sep-13Crisil MIP Blended Fund Index (Benchmark) - - 16.83% 15.57% 12,106Additional Benchmark Not Applicable

Funds managed by R.SivakumarAxis Triple Advantage Fund - Growth 19.39% 0.31% 17.16% 9.44% 14,814

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

15.78% -1.54% 16.49% 9.00% 14,561

CNX Nifty 27.70% 6.76% 31.39% 9.65% 14,941Additional Benchmark Not Applicable

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

17

Dec 30, 2011 to Dec 31, 2012

Absolute Return (%)


(%)

Dec 31, 2013 to Dec 31, 2014

Absolute Return (%)




Date of inception

Axis Triple Advantage Fund - Direct Plan Growth - - 18.81% 9.25% 11,932

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

- - 16.49% 6.92% 11,431

CNX Nifty - - 31.39% 18.00% 13,919Additional Benchmark Not ApplicableAxis Dynamic Bond Fund - Growth 10.81% 4.92% 14.06% 9.37% 13,908 27-Apr-11Crisil Composite Bond Fund Index (Benchmark) 9.38% 3.79% 14.31% 8.79% 13,637Additional Benchmark Not ApplicableAxis Dynamic Bond Fund - Direct Plan - Growth - - 15.76% 10.70% 12,251 01-Jan-13Crisil Composite Bond Fund Index (Benchmark) - - 14.31% 8.83% 11,840Additional Benchmark Not Applicable

Funds managed by Devang ShahAxis Constant Maturity 10 Year Fund - Growth - -0.60% 14.97% 6.88% 12,161 23-Jan-12Crisil 10 Year Gilt Index (Benchmark) - -0.68% 14.14% 6.91% 12,171Axis Constant Maturity 10 Year Fund - Direct Plan - Growth - - 15.53% 7.25% 11,500 01-Jan-13Crisil 10 Year Gilt Index (Benchmark) - - 14.14% 6.28% 11,294Axis Dynamic Bond Fund - Growth 10.81% 4.92% 14.06% 9.37% 13,908 27-Apr-11Crisil Composite Bond Fund Index (Benchmark) 9.38% 3.79% 14.31% 8.79% 13,637Additional Benchmark Not ApplicableAxis Dynamic Bond Fund - Direct Plan - Growth - - 15.76% 10.70% 12,251 01-Jan-13Crisil Composite Bond Fund Index (Benchmark) - - 14.31% 8.83% 11,840Additional Benchmark Not ApplicableAxis Income Fund - Growth - 4.72% 15.01% 9.93% 12,987

28-Mar-12Crisil Composite Bond Fund Index (Benchmark) - 3.79% 14.31% 9.08% 12,713Crisil 10 Year Gilt Index (Additional Benchmark) - -0.68% 14.14% 7.90% 12,337Axis Income Fund - Direct Plan - Growth - - 16.26% 10.43% 12,171

07-Jan-13Crisil Composite Bond Fund Index (Benchmark) - - 14.31% 8.67% 11,790Crisil 10 Year Gilt Index (Additional Benchmark) - - 14.14% 5.94% 11,210Axis Short Term Fund - Growth 10.08% 7.30% 10.04% 8.21% 14,772

22-Jan-10Crisil Short Term Bond Fund Index (Benchmark) 9.15% 8.27% 10.47% 8.08% 14,679Crisil 1 Year T-Bill Index (Additional Benchmark) 8.11% 5.86% 8.56% 6.37% 13,570Axis Short Term Fund - Direct Plan - Growth - - 11.03% 9.56% 12,000

01-Jan-13Crisil Short Term Bond Fund Index (Benchmark) - - 10.47% 9.35% 11,955Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.56% 7.19% 11,487Axis Short Term Fund - Retail Plan - Growth 9.56% 7.30% 10.08% 8.15% 14,606

02-Mar-10Crisil Short Term Bond Fund Index (Benchmark) 9.15% 8.27% 10.47% 8.22% 14,649Crisil 1 Year T-Bill Index (Additional Benchmark) 8.11% 5.86% 8.56% 6.46% 13,538Axis Liquid Fund - Growth 9.69% 9.20% 9.10% 8.29% 15,165

09-Oct-09Crisil Liquid Fund Index (Benchmark) 8.54% 9.03% 9.21% 7.76% 14,784Crisil 1 Year T-Bill Index (Additional Benchmark) 8.11% 5.86% 8.56% 6.17% 13,675Axis Liquid Fund - Direct Plan - Growth - - 9.16% 9.22% 11,929

31-Dec-12Crisil Liquid Fund Index (Benchmark) - - 9.21% 9.12% 11,908Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.56% 7.20% 11,492Axis Liquid Fund - Retail Plan - Growth 9.24% 8.67% 8.55% 8.21% 14,651

01-Mar-10Crisil Liquid Fund Index (Benchmark) 8.54% 9.03% 9.21% 8.15% 14,613Crisil 1 Year T-Bill Index (Additional Benchmark) 8.11% 5.86% 8.56% 6.46% 13,539Axis Hybrid Fund - Series 5 - Growth - - 21.61% 17.04% 12,535 25-Jul-13Crisil MIP Blended Fund Index (Benchmark) - - 16.83% 13.81% 12,040Additional Benchmark Not ApplicableAxis Hybrid Fund - Series 5 - Direct Plan - Growth - - 22.73% 18.15% 12,705 25-Jul-13Crisil MIP Blended Fund Index (Benchmark) - - 16.83% 13.81% 12,040Additional Benchmark Not ApplicableAxis Hybrid Fund - Series 6 - Growth - - 23.03% 21.19% 13,025 16-Aug-13Crisil MIP Blended Fund Index (Benchmark) - - 16.83% 16.98% 12,408Additional Benchmark Not ApplicableAxis Hybrid Fund - Series 6 - Direct Plan - Growth - - 24.20% 22.36% 13,199 16-Aug-13Crisil MIP Blended Fund Index (Benchmark) - - 16.83% 16.98% 12,408Additional Benchmark Not ApplicableAxis Hybrid Fund - Series 7 - Growth - - 22.89% 21.42% 12,921 05-Sep-13Crisil MIP Blended Fund Index (Benchmark) - - 16.83% 15.57% 12,106Additional Benchmark Not ApplicableAxis Hybrid Fund - Series 7 - Direct Plan - Growth - - 24.11% 22.63% 13,092 05-Sep-13Crisil MIP Blended Fund Index (Benchmark) - - 16.83% 15.57% 12,106Additional Benchmark Not ApplicableAxis Capital Protection Oriented Fund - Series 1 14.23% 5.15% 22.20% 15.17% 15,477 28-Nov-11Crisil MIP Blended Fund Index (Benchmark) 12.12% 4.41% 16.83% 10.75% 13,715Additional Benchmark Not ApplicableAxis Capital Protection Oriented Fund - Series 2 14.83% 5.47% 23.72% 14.33% 15,053 12-Dec-11Crisil MIP Blended Fund Index (Benchmark) 12.12% 4.41% 16.83% 10.71% 13,646Additional Benchmark Not ApplicableAxis Capital Protection Oriented Fund - Series 4 - 6.37% 23.81% 12.99% 14,249 07-Feb-12Crisil MIP Blended Fund Index (Benchmark) - 4.41% 16.83% 10.13% 13,226Additional Benchmark Not ApplicableAxis Capital Protection Oriented Fund - Series 5 - 5.93% 23.56% 14.68% 13,446 02-Nov-12Crisil MIP Blended Fund Index (Benchmark) - 4.41% 16.83% 10.55% 12,422Additional Benchmark Not Applicable

Funds managed by Kedar KarnikAxis Income Saver - Growth 13.08% 5.82% 20.68% 9.35% 14,902 16-Jul-10Crisil MIP Blended Fund Index (Benchmark) 12.12% 4.41% 16.83% 8.53% 14,410Additional Benchmark Not Applicable

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

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

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

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 Fac-tors: 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.

To know more about us, please refer to our website.

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.

Dec 30, 2011 to Dec 31, 2012

Absolute Return (%)


(%)

Dec 31, 2013 to Dec 31, 2014

Absolute Return (%)




Date of inception

Axis Income Saver - Direct Plan - Growth - - 22.88% 14.06% 12,991 04-Jan-13Crisil MIP Blended Fund Index (Benchmark) - - 16.83% 10.12% 12,114Additional Benchmark Not ApplicableAxis Banking Debt Fund - Growth - 8.69% 9.27% 9.06% 12,492

08-Jun-12Crisil Short Term Bond Fund Index (Benchmark) - 8.27% 10.47% 9.32% 12,569Crisil 1 Year T-Bill Index (Additional Benchmark) - 5.86% 8.56% 7.30% 11,980Axis Banking Debt Fund - Direct Plan - Growth - - 9.50% 9.15% 11,910

01-Jan-13Crisil Short Term Bond Fund Index (Benchmark) - - 10.47% 9.35% 11,955Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.56% 7.19% 11,487Axis Treasury Advantage Fund - Growth 9.71% 9.42% 8.72% 8.33% 15,195

09-Oct-09Crisil Liquid Fund Index (Benchmark) 8.54% 9.03% 9.21% 7.76% 14,784Crisil 1 Year T-Bill Index (Additional Benchmark) 8.11% 5.86% 8.56% 6.17% 13,675Axis Treasury Advantage Fund - Direct Plan - Growth - - 9.28% 9.50% 11,987

01-Jan-13Crisil Liquid Fund Index (Benchmark) - - 9.21% 9.13% 11,906Crisil 1 Year T-Bill Index (Additional Benchmark) - - 8.56% 7.19% 11,487Axis Treasury Advantage Fund - Retail Plan - Growth 8.87% 8.43% 7.98% 7.98% 14,491

03-Mar-10Crisil Liquid Fund Index (Benchmark) 8.54% 9.03% 9.21% 8.16% 14,609Crisil 1 Year T-Bill Index (Additional Benchmark) 8.11% 5.86% 8.56% 6.47% 13,537Axis Gold ETF 10.74% -14.03% 0.74% 5.91% 12,683 10-Nov-10Domestic Price of Gold 8.68% -18.41% 2.13% 4.93% 12,204Additional Benchmark Not ApplicableAxis Gold Fund 10.93% -7.48% -11.42% -2.21% 9,309 20-Oct-11Domestic Price of Gold 8.68% -18.41% 2.13% -1.98% 9,379Additional Benchmark Not ApplicableAxis Gold Fund - Direct Plan - - -10.08% -8.58% 8,359 01-Jan-13Domestic Price of Gold - - 2.13% -8.73% 8,333Additional Benchmark Not Applicable


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PRODUCT LABELS

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

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

AXIS TRIPLE ADVANTAGE FUND This product is suitable for investors who are seeking*l Capital appreciation & generating income over long term l Investment in a diversified portfolio of equity and equity related instruments, fixed income instruments & gold exchange traded fundsl Medium risk ¢ (YELLOW) AXIS INCOME SAVER This product is suitable for investors who are seeking*l Capital appreciation while generating income over medium to long term l Investment in debt and money market instruments as well as equity and equity related instruments while managing risk through active asset allocationl Medium risk ¢ (YELLOW)

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

AXIS DYNAMIC BOND FUND

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

AXIS INCOME FUND

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

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

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

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

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

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

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

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

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

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.Note Risk is represented as:¢ (BLUE) investors understand that their principal will at low risk¢(YELLOW) investors understand that their principal will at medium risk¢(BROWN) investors understand that their principal will at high risk

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Documents

SIP Performance of Select Schemes - AxisMF · PDF file · 2015-01-06SIP Performance of Select Schemes ... Punjab National Bank 1.01 ING Vysya Bank Ltd. 1.00 ... Finance 0.63 CRISIL