AXIS BANK BALANCED FUND

Presented by:-Sumit Behura

Axis Bank Limited is the third largest private sector bank in India.

Approximately 43% of the shares are owned by Foreign Institutional Investors. Promoters (UTI, LIC and GIC), who collectively held approx. 34% of the shares, are all entities owned and controlled by the Government of India. The remaining 23% shares are owned by corporate bodies.

UTI Bank opened its registered office in Ahmedabad and corporate office in Mumbai in December 1993. The first branch was inaugurated on 2 April 1994 in Ahmedabad by Dr.Manmohan Singh

ABOUT AXIS BANK

Axis Mutual Fund launched its first scheme in October 2009 Since then Axis Mutual fund has grown strongly.

With an accomplished suite of 53 mutual fund schemes. Today, Axis mutual funds are available to customers in over 75 cities and have a customer base of over 7 lac investors.

Types of Axis Mutual Funds1. By Structure Mutual funds can be segregated into two major categories based on their structure.I. Open Ended Mutual funds: An open-ended mutual fund

doesn’t have a fixed maturity and doesn’t trade on the open market and is re-priced each day based on the amount of shares bought or sold.

II. Closed Ended Mutual Funds: A closed ended mutual fund has a fixed maturity and has a locking period for investor’s money. Sometimes, closed-ended mutual funds provide a repurchase choice to the investors.

AXIS MUTUAL FUND

By Investment ObjectiveThis refers to the asset class targeted by the fund.

1. Equity Schemes:  Equity schemes invest their money in shares. This money can be invested either in high-growth stocks or value stocks. Different kinds of equity schemes offered by Axis Bank are outlined below.

◦ Equity Diversified: These mutual fund schemes are not particular to any sector or theme.

◦ Mid Cap:  These funds invest in stocks from different sectors. However, they invest mostly in mid-cap stocks listed with BSE.

◦ ELSS:  Equity Linked Security Schemes are open-ended mutual funds with a locking period of up to 3 years. Tax-Saving Funds 

◦ Sector Specific: Sector specific mutual funds, as the name suggests, invest their money in particular sectors like manufacturing, IT etc. However, these mutual funds have high risk because returns are closely tied to a particular sector’s performance.

MUTUAL FUND

ON THE BASIS OF EXECUTION AND

OPERATION

ON THE BASIS OF YEILD AND

INVESTMENT PATTERN

CLOSE ENDED FUND

OPEN ENDED FUND

INCOME FUND

GROWTH FUND

BALANCED FUND

SPECIALISED FUND

MONEY MARKET

M.FTAXATION

FUND

It is a combination of both income and growth funds. This is achieved by balancing the investments between the high growth equity share and also the fixed income earning securities.

Axis bank fund managers are :-R. SivakumarAshish Naik

Under balanced or hybrid fund there are 3 types of fund these are:-

1. Axis Triple Advantage Fund – Regular Growth2. Axis Income Saver – Regular Growth3. Axis Children’s Gift Fund - No Lock-In – Regular

Growth

BALANCED FUND

Provides diversification across equity, bond and gold thereby reducing risk from single asset.

Follows regular rebalancing approach within each asset class which allows investors to “buy-low sell-high”.

Offers lower transaction cost through portfolio rebalancing process.

Average yearly return of the Triple Asset Portfolio (equal allocations in Equity, Debt and Gold) has been negative only twice in last 20 years.

One single application is sufficient for investment in three asset classes.

Suitable for an investment of 3 years or more. Diversification is one of the best ways to reduce risk.

Scheme DetailsFund Type:- An Open Ended Income Fund

Investment Plan:-Growth/ Dividend

Allotment date:- 16 July 2010

Benchmark:-Crisil MIP Blended Index

Minimum Investment:- Rs.5,000SIP Monthly:- Rs.1,000 and Yearly - Rs. 12,000

Potential for higher return than debt funds

Lower risk of losing money as equity

Axis Income Saver – Regular Growth

The investments can be made only in the name of a minor (<18 years at the time of investment).

A Unit holder till attaining Majority shall be represented by his / her parent or legal guardian.

Who can invest and how much?* 100% Income Tax exemption on all Mutual

Fund dividends.

Key features

Scheme DetailsFund Type:- An Open Ended Balanced Scheme

Allotment date:- 08 December 2015

Plan: Regular/ Direct Sub-plan: Compulsory Lock-in: Investment will be locked-in till child is 18 years of age. Investment may be redeemed after child is 18 years of age No Lock-in: Investment will not be locked-in till the child is 18 years of age & can be redeemed at any point of time at NAV based prices subject to exit load.

Benchmark :- 50% CNX Nifty + 50% Crisil Composite Bond Fund Index

Axis Children’s Gift Fund - No Lock-In – Regular Growth