IT'S TAXING TIMES AGAIN!

Transcription

1 NOVEMBER IT'S TAXING TIMES AGAIN! ARE YOUR SAFE FROM THE TAXMAN? Share less with The Taxman and save as much as Rs * in taxes by investing up to Rs.1.5 Lakhs in an ELSS. By investing in an ELSS, you can save taxes as well as create long-term wealth as ELSS invests in equity markets. To know what The Taxman has been up to, visit /AxisMutualFund *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 up to Rs. 46,350. Based on FY for Indian Residents below the age of 60, tax savings may vary depending on the applicable tax slab.

2 SIP Performance of Select Schemes (as on 30 th September ) 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. 10,000 systematically on the first Business Day of every month over a period of time. Axis Equity Fund - Growth SIP Investments SIP 5 Year SIP 3 Year SIP 1 Year SIP Total Amount Invested (Rs) 6,80,000 6,00,000 3,60,000 1,20,000 Market value as on September 30, (Rs) 10,26,693 8,82,941 4,57,135 1,16,954 Returns (Annualised) 14.45% 15.46% 16.17% -4.69% Benchmark Returns (Annualised) 9.70% 10.17% 10.42% -9.94% Additional Benchmark Returns (Annualised) 9.32% 9.75% 9.65% % Returns greater than 1 year period are compounded annualized. Benchmark: Nifty 50. Additional Benchmak: SP BSE Sensex. Date: Jan 05, This scheme is managed by Pankaj Muraka. Please refer to the Annexure for returns of all the schemes managed by him. Axis Long Term Equity Fund - Growth SIP Investments SIP 5 Year SIP 3 Year SIP 1 Year SIP Total Amount Invested (Rs) 6,90,000 6,00,000 3,60,000 1,20,000 Market value as on September 30, (Rs) 14,16,238 11,61,780 5,71,147 1,23,892 Returns (Annualised) 25.04% 26.80% 32.45% 6.10% Benchmark Returns (Annualised) 10.62% 11.54% 13.03% -7.29% Additional Benchmark Returns (Annualised) 9.64% % 10.42% -9.94% Returns greater than 1 year period are compounded annualized. Benchmark: SP BSE 200. Additional Benchmak: Nifty 50. Date: Dec 29, This scheme is managed by Jinesh Gopani. Please refer to the Annexure for returns of all the schemes managed by him. Axis Midcap Fund - Growth SIP Investments SIP 3 Year SIP 1 Year SIP Axis Focused 25 Fund - Growth SIP Investments SIP 3 Year SIP 1 Year SIP Total Amount Invested (Rs) 5,50,000 3,60,000 1,20,000 Market value as on September 30, (Rs) 10,55,228 5,75,174 1,24,019 Returns (Annualised) 29.10% 32.99% 6.30% Benchmark Returns (Annualised) 20.01% 23.45% 7.64% Additional Benchmark Returns (Annualised) 10.99% 10.42% -9.94% Returns greater than 1 year period are compounded annualized. Benchmark: SP BSE Midcap. Additional Benchmak: Nifty 50. Date: Feb 18, This scheme is managed by Pankaj Muraka Sudhanshu Asthana. Please refer to the Annexure for returns of all the schemes managed by him. Total Amount Invested (Rs) 3,90,000 3,60,000 1,20,000 Market value as on September 30, (Rs) 5,16,316 4,64,760 1,19,906 Returns (Annualised) 17.57% 17.34% -0.15% Benchmark Returns (Annualised) 11.01% 10.42% -9.94% Additional Benchmark Returns (Annualised) 13.42% 13.03% -7.29% Returns greater than 1 year period are compounded annualized. Benchmark: Nifty 50. Additional Benchmak: SP BSE 200. Date: Jun 29, This scheme is managed by Sudhanshu Asthana. Please refer to the Annexure for returns of all the schemes managed by him. Axis Triple Advantage Fund - Growth SIP Investments SIP 5 Year SIP 3 Year SIP 1 Year SIP Axis Income Saver - Growth SIP Investments SIP 5 Year SIP 3 Year SIP 1 Year SIP 1 Total Amount Invested (Rs) 6,10,000 6,00,000 3,60,000 1,20,000 Market value as on September 30, (Rs) 7,53,276 7,38,293 4,04,116 1,20,146 Returns (Annualised) 8.24% 8.24% 7.67% 0.23% Benchmark Returns (Annualised) 6.71% 6.67% 5.95% -0.46% Additional Benchmark Returns (Annualised) 7.98% 8.02% 9.08% 11.14% Returns greater than 1 year period are compounded annualized. Benchmark: 35% Nifty % CRISIL Composite Bond Fund Index + 30% INR Price of Gold. Additional Benchmak: Crisil 10 Year Gilt Index. Date: Aug 23, 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 This product is suitable for investors who are seeking* Capital appreciation over long term 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* Capital appreciation over long term *Investors should consult their financial advisers if in doubt about whether the product is suitable for them Riskometer Moderate LOW HIGH Investors understand that their principal will be at moderately high risk 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* Capital appreciation generating income over long term 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* Capital appreciation over long term 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* Capital appreciation generating income over long term 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* Capital appreciation while generating income over medium to long term 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* Credit risk free returns over medium to long term Investment mainly in Government securities to generate returns similar to that of 10 year government bonds Riskometer Moderate LOW HIGH Investors understand that their principal will be at moderate risk AXIS DYNAMIC BOND FUND This product is suitable for investors who are seeking* Optimal returns over medium to long term To generate stable returns while maintaining liquidity through active management of a portfolio of debt and money market instruments How to read factsheet Total Amount Invested (Rs) 6,20,000 6,00,000 3,60,000 1,20,000 Market value as on September 30, (Rs) 8,19,411 7,88,285 4,31,225 1,24,169 Returns (Annualised) 10.74% 10.87% 12.11% 6.55% Benchmark Returns (Annualised) 9.62% 9.71% 10.50% 7.47% Additional Benchmark Returns (Annualised) 7.94% 8.02% 9.08% 11.12% Returns greater than 1 year period are compounded annualized. Benchmark: CRISIL MIP Blended Index. Additional Benchmak: CRISIL 10 year Gilt Index Date: Jul 16, This scheme is managed by Kedar Karnik Jinesh Gopani. Please refer to the Annexure for returns of all the schemes managed by them. AXIS SHORT TERM FUND This product is suitable for investors who are seeking* Regular income while maintaining liquidity over short to medium term Investment in debt and money market instruments AXIS BANKING DEBT FUND This product is suitable for investors who are seeking* Regular income over short to medium term Investment in debt and money market instruments issued by banks AXIS TREASURY ADVANTAGE FUND This product is suitable for investors who are seeking* Regular income over short term Investment in debt and money market instruments AXIS LIQUID FUND This product is suitable for investors who are seeking* Regular income over short term Investment in debt and money market instruments AXIS ENHANCED ARBITRAGE FUND This product is suitable for investors who are seeking* Income over short to medium term 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* Stable returns in the short to medium term 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* Capital Appreciation over medium to long term Invests predominantly in gold in order to generate returns similar to the performance of gold, subject to tracking error Investors understand that their principal will be AXIS GOLD FUND This product is suitable for investors who are seeking* at moderately high risk Capital Appreciation over medium to long term Invests predominantly in Axis Gold ETF in order to generate returns similar to the underlying fund, subject to tracking error AXIS EQUITY SAVER FUND This product is suitable for investors who are seeking* Capital Appreciation while generating income over medium to long term Provide capiltal appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instrumnets LOW LOW Riskometer Moderate Investors understand that their principal will be at moderately low risk Riskometer Moderate Investors understand that their principal will be at low risk LOW Riskometer Moderate HIGH HIGH Investors understand that their principal will be at moderate risk Fund Manager : An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts. Application Amount for Fresh Subscription : This is the minimum investment amount for a new investor in a mutual fund scheme. Minimum Additional Amount : This is the minimum investment amount for an existing investor in a mutual fund scheme. Yield to Maturity : The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond s current market price, par value, coupon interest rate and time to maturity. SIP : SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that invests Rs 500 every 15th of the month in an equity fund for a period of three years. NAV : The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund. Benchmark : A group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-Year Gsec. Entry Load : A mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent. Entry load is charged at the time an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, if the NAV is Rs. 100 and the entry load is 1%, the investor will enter the fund at Rs 101. Note: SEBI, vide circular dated June 30, 2009 has abolished entry load and mandated that the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor Exit Load : Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is Rs 100 and the exit load is 1%, the redemption price would be Rs 99 Per Unit. Modified Duration : Modified duration is the price sensitivity and the percentage change in price for a unit change in yield Standard Deviation : Standard deviation is a statistical measure of the range of an investment s performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility. Sharpe Ratio : The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk. Beta : Beta is a measure of an investment s volatility vis-à-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security s price will be more volatile than the market. AUM : AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm. Holdings : The holdings or the portfolio is a mutual fund s latest or updated reported statement of investments/securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager. Nature of Scheme : The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories. Rating Profile : Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds. Tracking Error: Tracking error is a measure of how closely a portfolio follows the index to which it is benchmarked. It is calculated as the standard deviation of the difference between the portfolio and index returns. LOW Riskometer Moderate HIGH HIGH

3 30 th November Investment Style Value Blend Growth An Open-ended Growth Scheme To 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. 5 th January 2010 Pankaj Murarka Work experience: 17 years 24 th June LATEST NAV (`) as on 30 th November Growth Nifty 50 Large Mid Small Market Cap (as on 30 th November ) 1, Crore 1, Crore STATISTICAL MEASURES (3 years) Standard deviation 13.22% Beta 0.94 Sharpe Ratio* 0.75 *Risk-free rate assumed to be 6.84% (MIBOR as on ) Source: Please note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Data as on 30 th November. Source: ACEMF TURNOVER* (1 year) 0.56 times * Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/Repo/FD/Margin FD/MFU/SLB are not considered. 100/1 1,000/1 Exit load - 1% if Units are redeemed / switched-out within 12 months from the date of allotment (Effective from 1 st October ) Banks HDFC Bank Ltd 7.74 Kotak Mahindra Bank Ltd 4.26 ICICI Bank Ltd 3.67 The Federal Bank Ltd 1.99 DCB Bank Ltd 1.58 State Bank of India 1.28 Auto Tata Motors Ltd 5.07 Maruti Suzuki India Ltd 3.78 Mahindra Mahindra Ltd 2.84 Software Infosys Ltd 6.98 Oracle Financial Services Software Ltd 1.47 Tata Consultancy Services Ltd 1.32 Ramco Systems Ltd 0.82 Consumer Non Durables 7.37 ITC Ltd 4.57 United Spirits Ltd 1.84 Colgate Palmolive (India) Ltd 0.96 Finance 5.95 HDFC Ltd 4.48 CRISIL Ltd 1.48 Pharmaceuticals 5.71 Sun Pharmaceuticals Industries Ltd 2.77 Torrent Pharmaceuticals Ltd 1.76 Sanofi India Ltd 1.18 Media Entertainment 5.55 Zee Entertainment Enterprises Ltd 5.55 Petroleum Products 5.36 (as on 30 th September ) SECTOR ALLOCATION (%) Banks Auto Software Consumer Non Durables 7.37 Pharmaceuticals 6.59 Finance 5.95 Media Entertainment 5.55 Petroleum Products 5.36 Telecom - Services 3.95 Construction Project 3.56 Hotels, Resorts And Other Recreational Activities 2.85 Gas 2.57 Power 1.89 Services 1.89 Industrial Products 1.53 Chemicals 0.97 Industrial Capital Goods 0.97 Consumer Durables 0.74 Transportation 0.46 Return (%) Return Return (%) (%) date Axis Equity Fund - Growth 8.54% 42.97% 5.45% 11.60% 18,770 Nifty 50 (Benchmark) 0.56% 38.87% -0.20% 7.40% 15, Jan-10 SP BSE Sensex (Additional Benchmark) 3.29% 37.41% -1.79% 7.06% 14,788 Axis Equity Fund - - Growth % 6.61% 18.37% 15,887 Nifty 50 (Benchmark) % -0.20% 11.12% 13,358 SP BSE Sensex (Additional Benchmark) % -1.79% 11.12% 13,357 Calculations are based on Growth NAV. returns are calculated on ` 10 invested at. returns for Axis Equity Fund - Growth - Growth are calculated from 5 th January st January respectively. was introduced on 1 st January. Pankaj Murarka manages 3 schemes. Please refer to annexure on Page 18 for performance of all schemes managed by the fund manager. (` Per unit) (` Per unit) als/ Individu- March 09, March 17, February 4, s disclosed above are since the of the fund. Reliance Industries Ltd 4.39 Gulf Oil Lubricants India Ltd 0.98 Telecom - Services 3.95 Bharti Airtel Ltd 3.95 Construction Project 3.56 Larsen Toubro Ltd 2.47 Voltas Ltd 1.09 Hotels, Resorts And Other Recreational Activities 2.85 Mahindra Holidays Resorts India Ltd 2.85 Gas 2.57 Gujarat State Petronet Ltd 1.53 Indraprastha Gas Ltd 1.04 Power 1.89 Torrent Power Ltd 1.89 Services 1.89 Aditya Birla Nuvo Ltd 1.89 Industrial Products 1.53 Cummins India Ltd 1.53 Chemicals 0.97 Tata Chemicals Ltd 0.97 Industrial Capital Goods 0.97 Bharat Electronics Ltd 0.97 Consumer Durables 0.74 Bata India Ltd 0.74 Other Equity (less than 0.50% of the corpus) 1.33 Total Equity Cash Other Receivables 5.00 Net 100% 2

4 30 th November Investment Style Value Blend Growth An Open-ended Growth Scheme To generate long term capital appreciation by investing in a concentrated portfolio of equity equity related instruments of up to 25 companies. 29 th June 2012 Large Mid Small Market Cap Sudhanshu Asthana Work experience: 16 years 2 nd September Company Name % of Banks HDFC Bank Ltd 8.12 Kotak Mahindra Bank Ltd 5.55 DCB Bank Ltd 1.93 Finance Gruh Finance Ltd 4.71 HDFC Ltd 4.65 Bajaj Finance Ltd 3.81 Software 9.80 Tata Consultancy Services Ltd 5.39 Infosys Ltd 4.41 Auto 9.46 Tata Motors Ltd 5.76 Hero MotoCorp Ltd 3.71 Media Entertainment 9.01 Dish TV India Ltd 4.92 Zee Entertainment Enterprises Ltd 4.09 Pharmaceuticals 5.97 Sun Pharmaceuticals Industries Ltd 5.97 Cement 5.18 Grasim Industries Ltd 5.18 Industrial Products 4.93 Company Name % of Cummins India Ltd 3.24 AIA Engineering Ltd 1.70 Industrial Capital Goods 4.90 Siemens Ltd 2.68 Thermax Ltd 2.22 Auto Ancillaries 4.14 Motherson Sumi Systems Ltd 4.14 Textile Products 3.76 Page Industries Ltd 3.76 Transportation 3.11 Gateway Distriparks Ltd 3.11 Construction Project 2.98 Larsen Toubro Ltd 2.98 Retailing 2.60 Trent Ltd 2.60 Consumer Non Durables 1.86 Jubilant Foodworks Ltd 1.86 Non - Ferrous Metals 1.83 Hindustan Zinc Ltd 1.83 Total Equity Cash Other Receivables 1.69 Net 100% LATEST NAV (`) as on 30 th November Growth Nifty 50 Data as on 30 th November. Source: Crore Crore STATISTICAL MEASURES (3 years) Standard deviation 13.39% Beta 0.94 Sharpe Ratio* 0.65 *Risk-free rate assumed to be 6.84% (MIBOR as on ) Source: Please note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Data as on 30 th November. Source: ACEMF TURNOVER* (1 year) 0.40 times * Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/Repo/FD/Margin FD/MFU/SLB are not considered. 100/1 1,000/1 (as on 30 th September ) Axis Focused 25 Fund - Growth 2.18% 37.04% 12.74% 18.45% 17,350 Nifty 50 (Benchmark) 0.56% 38.87% -0.20% 13.40% 15, Jun-12 SP BSE 200 (Additional Benchmark) -1.11% 42.50% 3.08% 14.81% 15,678 Axis Focused 25 Fund - - Growth % 14.35% 16.97% 15,377 Nifty 50 (Benchmark) % -0.20% 11.12% 13,358 SP BSE 200 (Additional Benchmark) % 3.08% 12.16% 13,703 Calculations are based on Growth NAV. returns are calculated on ` 10 invested at. returns for Axis Focused 25 Fund - Growth - Growth are calculated from 29 th June st January respectively. was introduced on 1 st January. Sudhanshu Asthana manages 7 schemes. Please refer to annexure on Page 18 for performance of all schemes managed by the fund manager. SECTOR ALLOCATION (%) Return (%) date Banks Finance Software 9.80 Auto 9.46 Media Entertainment 9.01 Pharmaceuticals 5.97 Cement 5.18 Industrial Products 4.93 Industrial Capital Goods 4.90 Auto Ancillaries 4.14 Textile Products 3.76 Transportation 3.11 Construction Project 2.98 Retailing 2.60 Consumer Non Durables 1.86 Non - Ferrous Metals 1.83 (` Per unit) unit (Cum unit (Ex February 26, s disclosed above are since the of the fund. CAGR (%) Exit load - 1% if redeemed/ switched out within 1 year from the date of allotment. (w.e.f. 15 th May ) 3

5 30 th November Investment Style Value Blend Growth An 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. 29 th December 2009 Jinesh Gopani Work experience: 14 years 1 st April 2011 LATEST NAV (`) as on 30 th November Growth SP BSE 200 Large Mid Small Market Cap (as on 30 th November ) 6, Crore 6, Crore STATISTICAL MEASURES (4 years) Standard deviation 13.15% Beta 0.88 Sharpe Ratio* 1.52 *Risk-free rate assumed to be 6.84% (MIBOR as on ) Source: Please note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Data as on 30 th November. Source: ACEMF TURNOVER* (1 year) 0.42 times * Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/Repo/FD/Margin FD/MFU/SLB are not considered. 500/ / /500 Exit load - Nil 4 Company Name Rating % of Banks HDFC Bank Ltd 8.16 Kotak Mahindra Bank Ltd 7.33 Finance HDFC Ltd 5.35 Bajaj Finance Ltd 2.75 Gruh Finance Ltd 2.24 Sundaram Finance Ltd 2.16 Multi Commodity Exchange of India Ltd 2.08 Software Tata Consultancy Services Ltd 6.17 Tech Mahindra Ltd 4.14 Info Edge (India) Ltd 1.72 Pharmaceuticals Sun Pharmaceuticals Industries Ltd 4.64 Divi s Laboratories Ltd 2.30 IPCA Laboratories Ltd 1.91 Cadila Healthcare Ltd 1.27 Consumer Durables 7.85 TTK Prestige Ltd 3.38 Bata India Ltd 2.30 Symphony Ltd 2.16 Auto Ancillaries 6.94 Motherson Sumi Systems Ltd 3.16 Bosch Ltd 1.93 Wabco India Ltd 1.85 Auto 6.34 Maruti Suzuki India Ltd 3.86 (as on 30 th September ) Regular Company Name % of Eicher Motors Ltd 2.47 Consumer Non Durables 4.20 Nestle India Ltd 2.74 Coffee Day Enterprises Limited 1.46 Industrial Products 3.92 Cummins India Ltd 2.94 Astral Poly Technik Ltd 0.98 Chemicals 3.91 Pidilite Industries Ltd 3.91 Pesticides 2.85 PI Industries Ltd 2.85 Construction Project 2.26 Larsen Toubro Ltd 2.26 Power 2.21 Torrent Power Ltd 2.21 Transportation 1.86 Blue Dart Express Ltd 1.86 Telecom - Equipment Accessories 1.09 Astra Microwave Products Ltd 1.09 Industrial Capital Goods 1.07 Siemens Ltd 1.07 Textile Products 0.80 Page Industries Ltd 0.80 Other Equity (less than 0.50% of the corpus) 0.51 Total Equity Debt, Cash Other Receivables 1.97 Net 100% SECTOR ALLOCATION (%) Banks Finance Software Pharmaceuticals Consumer Durables 7.85 Auto Ancillaries 6.94 Auto 6.34 Consumer Non Durables 4.20 Industrial Products 3.92 Chemicals 3.91 Pesticides 2.85 Construction Project 2.26 Power 2.21 Transportation 1.86 Telecom - Equipment Accessories 1.09 Industrial Capital Goods 1.07 Textile Products 0.80 Hotels, Resorts And Other Recreational Activities 0.04 (` Per unit) unit (Cum January 22, January 6, August 7, s disclosed above are since the of the fund. date Axis Long Term Equity Fund - Growth 3.26% 76.27% 17.99% 21.46% 30,619 SP BSE 200 (Benchmark) -1.11% 42.50% 3.08% 7.81% 15, Dec-09 Nifty 50 (Additional Benchmark) 0.56% 38.87% -0.20% 7.69% 15,322 Axis Long Term Equity Fund - - Growth % 19.47% 31.55% 21,229 SP BSE 200 (Benchmark) % 3.08% 12.16% 13,703 Nifty 50 (Additional Benchmark) % -0.20% 11.12% 13,358 Calculations are based on Growth NAV. returns are calculated on ` 10 invested at. returns for Axis Long Term Equity Fund - Growth - Growth are calculated from 29 th December st January respectively. was introduced on 1 st January. Jinesh Gopani manages 13 schemes. Please refer to annexure on Page 18 for performance of all schemes managed by the fund manager.

6 30 th November Investment Style An 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. 18 th February 2011 Sudhanshu Asthana Work experience: 16 years 8 th May Pankaj Murarka Work experience: 17 years. LATEST NAV (`) as on 30 th November Growth SP BSE Midcap (as on 30 th November ) 5 Value Blend Growth Large Mid Small Market Cap 1, Crore 1, Crore STATISTICAL MEASURES (3 years) Standard deviation 18.74% Beta 1.07 Sharpe Ratio* 0.92 *Risk-free rate assumed to be 6.84% (MIBOR as on ) Source: Please note that as per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns (absolute) for last 3 years. Data as on 30 th November. Source: ACEMF TURNOVER* (1 year) 0.69 times * Based on equity, equity derivatives and Fixed Income Securities transactions only. CBLO/Repo/FD/Margin FD/MFU/SLB are not considered. 100/1 1,000/1 Exit load - 1% if redeemed / switched - out within 12 months from the date of allotment (w.e.f. 5 th May ) Company Name % of Finance Gruh Finance Ltd 3.98 CRISIL Ltd 3.07 Sundaram Finance Ltd 2.95 SKS Microfinance Ltd 2.66 Multi Commodity Exchange of India Ltd 2.52 Pharmaceuticals Sanofi India Ltd 4.25 IPCA Laboratories Ltd 2.57 Torrent Pharmaceuticals Ltd 2.17 Pfizer Ltd 1.99 Cadila Healthcare Ltd 1.72 Alembic Pharmaceuticals Ltd 1.67 Software 6.62 NIIT Technologies Ltd 2.97 Ramco Systems Ltd 2.51 Info Edge (India) Ltd 1.14 Consumer Non Durables 6.55 Procter Gamble Hygiene and Health Care Ltd 4.31 Jubilant Foodworks Ltd 2.23 Media Entertainment 6.43 Dish TV India Ltd 4.08 PVR Ltd 2.35 Industrial Capital Goods 5.56 Alstom TD India Ltd 2.81 Thermax Ltd 2.75 Banks 5.23 DCB 2.68 City Union Bank Ltd 2.56 (as on 30 th September ) Company Name % of Transportation 4.91 Gateway Distriparks Ltd 3.35 Gujarat Pipavav Port Ltd 1.56 Industrial Products 4.77 Mahindra CIE Automotive Ltd 3.33 FAG Bearings India Ltd 1.44 Auto 4.24 VST Tillers Tractors Ltd 2.28 Eicher Motors Ltd 1.96 Chemicals 4.20 Tata Chemicals Ltd 4.20 Services 3.91 Aditya Birla Nuvo Ltd 3.91 Textile Products 3.18 Page Industries Ltd 3.18 Construction Project 3.01 Voltas Ltd 3.01 Petroleum Products 2.89 Gulf Oil Lubricants India Ltd 2.89 Power 2.84 Torrent Power Ltd 2.84 Auto Ancillaries 1.78 Amara Raja Batteries Ltd 1.78 Construction 1.57 ITD Cementation India Ltd 1.57 Total Equity Cash Other Receivables 2.77 Net 100% Axis Midcap Fund - Growth -3.00% 89.00% 17.00% 22.73% 25,740 SP BSE Midcap (Benchmark) -3.45% 49.47% 19.86% 13.60% 18, Feb-11 Nifty 50 (Additional Benchmark) 0.56% 38.87% -0.20% 8.48% 14,561 Axis Midcap Fund - - Growth % 18.47% 27.41% 19,445 SP BSE Midcap (Benchmark) % 19.86% 17.16% 15,445 Nifty 50 (Additional Benchmark) % -0.20% 11.12% 13,358 Calculations are based on Growth NAV. returns are calculated on ` 10 invested at. returns for Axis Midcap Fund - Growth - Growth are calculated from 18 th February st January respectively. was introduced on 1 st January. Pankaj Murarka manages 3 schemes Sudhanshu Asthana manages 7 schemes. Please refer to annexure on Page 18 for performance of all schemes managed by the fund manager. SECTOR ALLOCATION (%) Finance unit (Cum (` Per unit) Individu- als/ als/ Sep 11, July 31, s disclosed above are since the of the fund. Pharmaceuticals Software 6.62 Consumer Non Durables 6.55 Media Entertainment 6.43 Industrial Capital Goods 5.56 Banks 5.23 Transportation 4.91 Industrial Products 4.77 Auto 4.24 Chemicals 4.20 Services 3.91 Textile Products 3.18 Construction Project 3.01 Petroleum Products 2.89 Power 2.84 Auto Ancillaries 1.78 Construction 1.57 unit (Ex date (` Per unit) Individu- unit (Cum unit (Ex

7 30 th November AXIS EQUITY SAVER FUND Asset Class Equity Debt Gold Mid Duration *Hedged Equity/ Cash-futures arbitrage An Open-ended Equity Scheme The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. 20 th August Jinesh Gopani Work experience: 14 years R. Sivakumar Work experience: 16 years LATEST NAV (`) as on 30 th November Growth Monthly Quarterly Crisil MIP Blended Fund Index Gross Equity Total Unhedged Equity Total Software 6.47 Mindtree Ltd 1.05 Tata Consultancy Services Ltd 3.33 Tech Mahindra Ltd 2.09 Banks 6.70 HDFC Bank Ltd 3.26 Kotak Mahindra Bank Ltd 3.43 Pharmaceuticals 5.18 IPCA Laboratories Ltd 1.65 Lupin Ltd 1.49 Sun Pharmaceuticals Industries Ltd 2.04 Finance 5.31 HDFC Ltd 2.34 Multi Commodity Exchange of India Ltd 1.36 Sundaram Finance Ltd 1.61 Consumer Non Durables 4.41 Nestle India Ltd 2.14 S H Kelkar Company Ltd 1.42 Coffee Day Enterprises Limited 0.84 Auto 3.29 Maruti Suzuki India Ltd 2.40 Tata Motors Ltd 0.88 Consumer Durables 3.29 Bata India Ltd 0.26 Symphony Ltd 1.43 TTK Prestige Ltd 1.60 The scheme has not completed 1 year, hence performance is not provided. COMPOSITION BY ASSET (%) 20.94% 44.51% Chemicals 2.46 Pidilite Industries Ltd 2.46 Auto Ancillaries 2.34 Motherson Sumi Systems Ltd 2.34 Industrial Products 2.22 Cummins India Ltd 1.50 Astral Poly Technik Ltd 0.72 Industrial Capital Goods 1.62 Siemens Ltd 1.62 Power 1.23 Torrent Power 1.23 Total Hedged Equity Infosys Ltd 5.35 Reliance Industries Ltd 4.92 HDFC Bank Ltd 2.52 Larsen Toubro Ltd 2.43 Cipla Ltd 1.98 HDFC Ltd 1.79 Tata Consultancy Services Ltd 0.61 Aurobindo Pharma Ltd 0.56 Canara Bank 0.35 Sun Pharmaceuticals Industries Ltd 0.25 Zee Entertainment Enterprises Ltd 0.14 ITC Ltd 0.05 Government Bond Total Sovereign Margin Fixed Deposit Total 3.13 CBLO, Repo, Cash Other Receivables 0.09 Net 100% COMPOSITION BY RATING 34.54% FIND SIZE (`) (as on 30 th November ) Crore Crore 34.54% Unhedged Equity Debt, Cash and Other Receivables Hedged Equity SOV, AAA Equivalent AVERAGE MATURITY@* 14 years MODIFIED DURATION@* 7.5 years YIELD (YIELD TO MATURITY ) 7.88% 5000/1 100/1 1000/1 Entry load - NA Exit load - If redeemed / switched-out within 12 months from the date of allotment, - For 10% of investments : NIL - For remaining investment : 1% If redeemed / switched - out after 12 months from the date of allotment : Based on debt portfolio only. * For instruments with put/call option, the put/call date has been taken as the maturity date. The calculation is based on the invested corpus of the debt portfolio. 6

8 30 th November Asset Class Equity Debt Gold An 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. 23 rd August 2010 R. Sivakumar Work experience: 16 years He has been managing the fund since 14 th September 2010 Sudhanshu Asthana Work experience: 16 years He has been managing the fund since 1 st April 2011 LATEST NAV (`) as on 30 th November Growth Mid Duration 35% of Nifty % of Crisil Composite Bond Fund Index + 30% Of INR Price of Gold (as on 30 th November ) AVERAGE * 9.8 years Crore Crore Total Debt Corporate Bond Reliance Gas Transportation Infrastructure Ltd CRISIL AAA 7.52 Rural Electrification Corporation Ltd CRISIL AAA 5.02 Hindalco Industries Ltd CRISIL AA Tata Power Company Ltd CRISIL AA Power Finance Corporation Ltd CRISIL AAA 0.93 India Infrastructure Fin Co Ltd CRISIL AAA 0.70 The Indian Hotels Company Ltd CARE AA Government Bond Total Equity Banks 7.00 HDFC Bank Ltd 2.69 Kotak Mahindra Bank Ltd 2.60 ICICI Bank Ltd 1.71 Finance 5.08 HDFC Ltd 1.94 Sundaram Finance Ltd 1.56 Max India Ltd 1.01 Bajaj Holdings Investment Ltd 0.57 Software 4.67 Tata Consultancy Services Ltd 2.20 Info Edge (India) Ltd 1.35 Wipro Ltd 1.12 Industrial Capital Goods 2.41 Siemens 0.95 Thermax Ltd 1.46 Industrial Products 2.20 Cummins India Ltd 1.64 Mahindra CIE Automotive Ltd 0.56 (as on 30 th September ) Auto 2.15 Maruti Suzuki India Ltd 1.35 Hero MotoCorp Ltd 0.80 Auto Ancillaries 1.93 Wabco India Ltd 1.18 Motherson Sumi Systems Ltd 0.75 Cement 1.82 The Ramco Cements Ltd 0.97 Ultratech Cement Ltd 0.85 Pharmaceuticals 1.72 Sun Pharmaceuticals Industries Ltd 0.87 Lupin Ltd 0.85 Construction Project 1.64 Larsen Toubro Ltd 1.64 Consumer Non Durables 1.49 Jubilant Foodworks Ltd 0.96 Asian Paints Ltd 0.53 Pesticides 1.07 PI Industries Ltd 1.07 Power 0.90 Torrent Power Ltd 0.90 Petroleum Products 0.58 Castrol India Ltd 0.58 Ferrous Metals 0.55 Tata Steel Ltd 0.55 Other Equity (less than 0.50% of the corpus) 1.40 Exchange Traded Funds Axis Gold ETF Net Current 0.67 Net 100% Axis Triple Advantage Fund - Growth % 7.12% 7.46% 12,185 35% of Nifty % of Crisil Composite Bond 01-Jan % 4.17% 5.13% 11,473 Fund Index + 30% Of INR Price of Gold (Benchmark) 13 Crisil 10 Year Gilt Index (Additional Benchmark) % 13.76% 7.10% 12,073 Calculations are based on Growth NAV. returns are calculated on ` 10 invested at. returns for Axis Triple Advantage Fund - Growth - Growth are calculated from 23 rd August st January respectively. was introduced on 1 st January. R. Sivakumar manages 2 schemes Sudhanshu Asthana manages 7 schemes. Please refer to annexure on Page 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. COMPOSITION BY ASSET (%) date Axis Triple Advantage Fund - Growth -0.12% 15.37% 6.11% 8.30% 15,029 35% of Nifty % of Crisil Composite Bond -1.09% 13.03% 4.17% 7.71% 14,615 Fund Index + 30% Of INR Price of Gold (Benchmark) Crisil 10 Year Gilt Index (Additional Benchmark) 2.45% 6.85% 13.76% 7.01% 14, % 0.67% 36.62% COMPOSITION BY RATING 6.79% 0.12% 14.84% 23-Aug- 10 MODIFIED * 6 years 21.08% YIELD (YIELD TO MATURITY ) 8.75% 100/1 1,000/1 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 the date of allotment: Nil (w.e.f. 15 th June ) 7 Equity Exchange Traded Funds Corporate Bond Government Bond Total Money Market Instruments Includes Net Current 29.20% 12.43% CRISIL AAA Equivalent SOV CRISIL AA- CARE AA+ (` Per unit) unit (Cum April 17, September 17, September 21, unit (Ex Past performance may or may not be sustained in future.. s disclosed above are since the of the Based on debt portfolio only. * For instruments with put/call option, the put/call date has been taken as the maturity date. The calculation is based on the invested corpus of the debt portfolio.

9 30 th November Asset Class Equity Debt Gold Mid Duration An 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. 16 th July 2010 Kedar Karnik Work experience: 9 years Jinesh Gopani Work experience: 14 years Both have been managing this fund since 2 nd September LATEST NAV (`) as on 30 th November Growth Quarterly Half yearly Annual Crisil MIP Blended Fund Index (as on 30 th November ) AVERAGE * 1.3 years Crore Crore Total Debt Corporate Bond Power Finance Corporation Ltd CRISIL AAA Tata Sons Ltd CRISIL AAA 6.85 Rural Electrification Corporation Ltd CRISIL AAA 3.59 Indiabulls Housing Finance Ltd CARE AAA 3.57 Bharat Aluminium Co Ltd. CRISIL A SRF Ltd IND AA 1.55 India Infoline Finance Ltd CARE AA 1.45 Religare Finvest Ltd [ICRA]AA Adani Ports and Special Economic Zone Ltd [ICRA]AA HDFC Ltd CRISIL AAA 0.81 Larsen Toubro Ltd CRISIL AAA 0.72 Indiabulls Housing Finance Ltd BWR AAA 0.71 LIC Housing Finance Ltd CRISIL AAA 0.14 Blue Dart Express Ltd [ICRA]AA 0.02 Zero Coupon Bond SVL Ltd.@ [ICRA]AA(SO) 3.89 Edelweiss Financial Services Ltd CARE AA 3.18 Dev Infracity Pvt Ltd** IND AA-(SO) 2.09 Sprit Textile Pvt. Ltd. BWR A+(SO) 1.88 India Infoline Finance Ltd [ICRA]AA 1.61 Magma Fincorp Ltd CARE AA Dewan Housing Finance Corporation Ltd CARE AAA 0.15 Total Money Market Instruments Banks Punjab Sind Bank [ICRA]A ICICI Bank Ltd [ICRA]A IDBI Bank Ltd CRISIL A Canara Bank CRISIL A SKS Microfinance Ltd [ICRA]A Magma Fincorp Ltd CRISIL A Total Equity (as on 30 th September ) Software 4.89 Tata Consultancy Services Ltd 1.75 Info Edge (India) Ltd 1.63 Tech Mahindra Ltd 1.52 Finance 4.55 Bajaj Finance Ltd 1.77 HDFC Ltd 1.55 Multi Commodity Exchange of India Ltd 1.23 Banks 4.46 HDFC Bank Ltd 2.23 Kotak Mahindra Bank Ltd 2.22 Pharmaceuticals 3.82 Sun Pharmaceuticals Industries Ltd 1.35 Cadila Healthcare Ltd 1.33 Divi s Laboratories Ltd 1.14 Consumer Non Durables 3.45 Asian Paints Ltd 1.79 Nestle India Ltd 1.67 Auto Ancillaries 2.06 Motherson Sumi Systems Ltd 2.06 Auto 1.83 Maruti Suzuki India Ltd 1.83 Industrial Products 1.69 Cummins India Ltd 1.69 Cement 1.42 Shree Cements Ltd 1.42 Net Current 2.95 Net 100% Certificate of Deposit/Commercial Paper ** Secured by shares of Emami Ltd Secured by shares of Zee Entertainment Enterprises Ltd. Dish TV India Backed by guarantee of Shriram Transport Finance Company Ltd date Axis Income Saver - Growth 4.22% 20.67% 9.37% 8.99% 15,663 Crisil MIP Blended Fund Index (Benchmark) 3.22% 15.45% 10.72% 8.40% 15, Jul-10 CRISIL 10 year Gilt Index (Additional Benchmark) 2.45% 6.85% 13.76% 6.53% 13,904 Axis Income Saver - - Growth % 11.00% 12.45% 13,788 Crisil MIP Blended Fund Index (Benchmark) % 10.72% 9.44% 12, Jan-13 CRISIL 10 year Gilt Index (Additional Benchmark) % 13.76% 6.94% 12,015 Calculations are based on Growth NAV. returns are calculated on ` 10 invested at. returns for Axis Income Saver - Growth - Growth are calculated from 16 th July th January respectively. was introduced on 1 st January. Jinesh Gopani manages 13 schemes Kedar Karnik manages 23 schemes. Please refer to annexure on Page 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. COMPOSITION BY ASSET (%) COMPOSITION BY RATING 14.24% 1.88% 0.96% 2.64% 34.96% 4.63% 22.61% 11.68% MODIFIED * 1.1 years YIELD (YIELD TO MATURITY ) 8.58% 100/1 1,000/1 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 the date of allotment: Nil (w.e.f. 15 th June ) % Corporate Bond Equity Total Money Market Instruments Zero Coupon Bond Includes Net Current Annual Half Yearly Quarterly 50.04% ICRA A1+/ CRISIL A1+/ CRISIL AAA/ CARE AAA/ BWR AAA Equivalent ICRA AA/ CARE AA/ ICRA AA (SO)/IND AA ICRA AA- /CARE AA-/ IND AA-(SO) CRISIL A+ BWR A+ (SO) ICRA AA+ (` Per unit) (` Per unit) March 26, March 25, March 25, March 26, September 29, March 26, September 25, March 25, September 29, June 26, March 26, Annual s disclosed above are since. Half Yearly s disclosed above are for the last 2 Years. Quarterly s disclosed above are for the last 3 Based on debt portfolio only. * For instruments with put/call option, the put/call date has been taken as the maturity date. The calculation is based on the invested corpus of the debt portfolio.

10 30 th November Internal Rate Sensitivity Med Mid Credit Quality An Open-ended Gilt Scheme To generate returns similar to that of 10 year government bonds. 23 rd January 2012 Devang Shah Work experience: 11 years 5 th November LATEST NAV (`) as on 30 th November Growth Regular Half yearly Bonus Total Debt Government Bond % GOI Sovereign % GOI Sovereign % GOI Sovereign % GOI Sovereign % GOI Sovereign % GOI Sovereign % GOI Sovereign % GOI Sovereign % GOI Sovereign % GOI Sovereign 0.68 Net Current 8.15 Net 100% (as on 30 th September ) Axis Constant Maturity 10 Year Fund - Growth 0.87% 8.71% 13.03% 7.14% 12, Jan-12 Crisil 10 Year Gilt Index (Benchmark) 2.45% 6.85% 13.76% 7.40% 13,011 Axis Constant Maturity 10 Year Fund - Direct % 13.57% 7.64% 12,238 Plan - Growth Crisil 10 Year Gilt Index (Benchmark) % 13.76% 7.10% 12,073 Calculations are based on Growth NAV. returns are calculated on ` 10 invested at. returns for Axis Constant Maturity 10 Year Fund - Growth - Growth are calculated from 23 rd January st January respectively. was introduced on 1 st January. Devang Shah manages 21 schemes. Please refer to annexure on Page 18 for performance of all schemes managed by the fund manager. COMPOSITION BY ASSET (%) 8.15% ` 10,000 was invested on date COMPOSITION BY RATING Crisil 10 Year Gilt Index 91.85% 100% Crore Crore (as on 30 th November ) AVERAGE MATURITY 10.6 years MODIFIED DURATION 6.6 years YIELD (YIELD TO MATURITY ) 7.88% 100/1 Government Bond Total Money Market Instruments Includes Net Current Half Yearly Regular SOV Equivalent (` Per unit) (` Per unit) als/ Individu- September 29, March 26, September 25, Nov 26, October 26, September 28, Half yearly dividend disclosed above are since the of the fund. Regular dividends disclosed above are for the last 3 months. The calculation is based on the invested corpus. 1000/1 Exit load - Nil 9

11 30 th November Internal Rate Sensitivity Med An Open-ended Debt Scheme To generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments. 27 th April 2011 R. Sivakumar Work experience: 16 years Devang Shah Work experience: 11 years 5 th November LATEST NAV (`) as on 30 th November Growth Quarterly Half Yearly Mid Credit Quality Crisil Composite Bond Fund Index Total Debt Government Bond Sovereign Corporate Bond Reliance Gas Transportation Infrastructure Ltd CRISIL AAA 5.50 Rural Electrification Corporation Ltd CRISIL AAA 4.09 Power Grid Corporation of India Ltd CRISIL AAA 3.73 Power Finance Corporation Ltd CRISIL AAA 3.18 IDFC Bank Ltd [ICRA]AAA 2.36 Vedanta Ltd CRISIL AA 1.53 Tata Power Company Ltd CRISIL AA India Infrastructure Fin Co Ltd CRISIL AAA 0.87 Net Current 3.92 Net 100% (as on 30 th September ) date Axis Dynamic Bond Fund - Growth 5.40% 9.49% 13.26% 9.32% 14,840 Crisil Composite Bond Fund Index (Benchmark) 3.49% 11.61% 12.56% 8.97% 14,632 CRISIL 10 year Gilt Index (Additional Benchmark) 2.45% 6.85% 13.76% 7.19% 13,603 Axis Dynamic Bond Fund - -Growth % 14.71% 10.64% 13,198 Crisil Composite Bond Fund Index (Benchmark) % 12.56% 9.11% 12,704 CRISIL 10 year Gilt Index (Additional Benchmark) % 13.76% 7.10% 12,073 Calculations are based on Growth NAV. returns are calculated on ` 10 invested at. returns for Axis Dynamic Bond Fund - Growth - Growth are calculated from 27 th April st January respectively. was introduced on 1 st January. R. Sivakumar manages 2 schemes Devang Shah manages schemes. Please refer to annexure on Page 18 for performance of all schemes managed by the fund managers. COMPOSITION BY ASSET (%) COMPOSITION BY RATING (%) 3.92% 1.53% 1.29% 22.54% 23.64% 27-Apr Jan- 13 (as on 30 th November ) Crore Crore 73.54% 73.54% AVERAGE MATURITY* 13.8 years MODIFIED DURATION* 7.4 years YIELD (YIELD TO MATURITY ) 8.17% 100/1 1000/1 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. 22 nd June ) 10 Government Bond Corporate Bond Total Money Market Instruments Includes Net Current Half Yearly Quarterly Half Yearly s disclosed above are for the last 2 Years. Quarterly s 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. The calculation is based on the invested corpus. SOV CRISIL AAA / ICRA AAA Equivalent CRISIL AA CRISIL AA- (` Per unit) unit (Cum (` Per unit) unit (Ex September 29, March 26, September 25, March 25, September 29, June 26, March 26,

12 30 th November Internal Rate Sensitivity Med An Open-ended Debt Scheme To generate optimal returns in the medium term while maintaining liquidity of the portfolio by investing in debt and money market instruments. 28 th March 2012 Devang Shah Work experience: 11 years 5 th November LATEST NAV (`) as on 30 th November Growth Quarterly Half yearly Mid Credit Quality Crisil Composite Bond Fund Index Total Debt Government Bond Sovereign Corporate Bond Rural Electrification Corporation Ltd CRISIL AAA 4.87 Reliance Gas Transportation Infrastructure Ltd CRISIL AAA 4.72 Power Grid Corporation of India Ltd CRISIL AAA 4.01 Tata Power Company Ltd CRISIL AA IDFC Bank Ltd [ICRA]AAA 3.05 Power Finance Corporation Ltd CRISIL AAA 1.07 Hindalco Industries Ltd CRISIL AA State Government Bond Sovereign 3.73 Net Current 6.33 Net 100% (as on 30 th September ) Credit Risk Rating [ICRA]AAAmfs $ date Axis Income Fund - Growth 4.35% 10.99% 13.21% 9.70% 13,837 Crisil Composite Bond Fund Index (Benchmark) 3.49% 11.61% 12.56% 9.25% 13,640 Crisil 10 Year Gilt Index (Additional Benchmark) 2.45% 6.85% 13.76% 8.21% 13,189 Axis Income Fund - - Growth % 14.39% 10.32% 13,074 Crisil Composite Bond Fund Index (Benchmark) % 12.56% 9.00% 12,650 Crisil 10 Year Gilt Index (Additional Benchmark) % 13.76% 6.86% 11,984 Calculations are based on Growth NAV. returns are calculated on ` 10 invested at. returns for Axis Income Fund - Growth - Growth are calculated from 28 th March th January respectively. was introduced on 1 st January. Devang Shah manages 21 schemes. Please refer to annexure on Page 18 for performance of all schemes managed by the fund managers. COMPOSITION BY ASSET (%) COMPOSITION BY RATING (%) 6.33% 3.73% 24.05% 4.73% 28-Mar Jan Crore Crore (as on 30 th November ) AVERAGE MATURITY* 11.8 years MODIFIED DURATION* 6.8 years YIELD (YIELD TO MATURITY ) 8.15% 100/1 1,000/1 Exit load - NIL (w.e.f. 15 th May ) Government Bond Corporate Bond Total Money Market Instruments State Government Bond Includes Net Current Half Yearly Quarterly 22.44% 67.49% SOV CRISIL AAA/ ICRA AAA Equivalent CRISIL AA % (` Per unit) unit (Cum (` Per unit) unit (Ex September 29, March 26, September 25, March 25, September 29, June 26, March 26, Half yearly dividend disclosed above are since the 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. The calculation is based on the invested corpus. 11