AXIS EQUITY SAVER FUNDOpen Ended Equity Scheme

Debt: I-sec Sovereign Bond Index, MIP: Crisil MIP Blended Index, Balanced: Crisil Balanced Fund Inex, Equity: Nifty 50

Index. Above representation is for illustration purpose.

Axis Equity Saver Fund – Relative positioning

Equity

Equity Saver Model

MIP

Debt

Cash

5%

6%

7%

8%

9%

10%

11%

12%

13%

0% 5% 10% 15% 20% 25% 30% 35%

Po

ten

tia

l R

etu

rns

Risk

Endeavour to generate capital appreciation and income distribution, by investing

in equity, arbitrage opportunities and debt

Fixed income – Invest dynamically

across the yield curve

(20-35% of the portfolio)

Equity – All-cap strategy

(20-45% of the portfolio)

Capital

Appreciation

Regular

IncomeStability

Hedged Equity/ Cash futures

arbitrage

(20-60% of the portfolio)

Axis Equity Saver Fund

Equity(20-45%)

Actively managed diversified portfolio of strong

growth companies

Hedged Equity/Cash-futures arbitrage

(20-60%)

Make advantage of market inefficiencies

Debt(20-35%)

High quality papers with portfolio duration based

on interest rate view

Tax efficient

Gross equity exposure

of 65 -80 %

Endeavours to provide

regular income and

adds stability to the

portfolio

Aims to better portfolio

returns with potential for

capital growth

Asset Allocation + Tax Efficiency

Equity: 0%Multi-asset strategy: 5%

Equity: 57%Multi-asset strategy: 27%

Equity: -60%Multi-asset strategy : -28%

Diversification: Consistently good rather than occasionally great

Source: AMFI Portal, Bloomberg, ACEMF. Data period : Apr 2002-Mar 2018. Multi-asset strategy: 45% CNX Nifty Index + 35% I-sec Sovereign Bond

Index + 20% Crisil Liquid Fund Index (The arbitrage component of the representative portfolio is benchmarked to Crisil Liquid Fund Index), Equity: CNX

NiftyThe arbitrage component of the model portfolio is benchmarked to Crisil Liquid Fund Index.

0

2000

4000

6000

8000

10000

Jan/08 Jan/09 Jan/10 Jan/11 Jan/12 Jan/13 Jan/14 Jan/15 Jan/16 Jan/17 Jan/18

Diversification provides stability and improves the risk-return mix

Source: AMFI Portal, Bloomberg, ACEMF. Data period : Apr 2002 to Mar 2018. Model portfolio: 40% Nifty 50 ndex + 35% I-sec Sovereign Bond

Index + 25% Crisil Liquid Fund Index (The arbitrage component of the representative portfolio is benchmarked to Crisil Liquid Fund Index),

Equity: Nifty 50, Bonds: I-Sec Sovereign Bond Index, *The arbitrage component of the model portfolio is benchmarked to Crisil Liquid Fund

Index. All returns annualized. Above data is only for illustration purpose and does not indicate any expected returns from the fund. Past

performance may or may not be sustained in future

3 yr rolling

-5%

2% 4% 3%

59%

14%9%

25%

15%

8% 7%11%

-50%

-30%

-10%

10%

30%

50%

70%

Equity Bonds Crisil Liquid Fund Index* Equity Saver Model (40%Nifty 50 Index + 35% I-Sec Sov Bond Index +

25% CRISIL Liquid FundIndex)

Period 2002 - 2018 3 yr rolling returns

Limiting Drawdown – Across market cycles

Past performance may or may not be sustained in future. Source: ACEMF, Equity Saver Strategy: 40% Nifty

50 Index + 35% I-sec Sovereign Bond Index + 25% Crisil Liquid Fund Index (The arbitrage

component of the representative portfolio is benchmarked to Crisil Liquid Fund Index), Equity: Nifty

50. Balanced Strategy – Crisil Balanced Fund Index. Drawdown is the measure of the decline from a

historical peak in index value/NAV at a given point in time.

-70%

-60%

-50%

-40%

-30%

-20%

-10%

0%

Feb-02 Feb-04 Feb-06 Feb-08 Feb-10 Feb-12 Feb-14 Feb-16 Feb-18

Equity (Nifty 50 Index)

Equity Saver Model (40% Nifty 50 Index+ 35% I-Sec Sov Bond Index + 25%CRISIL Liquid Fund Index)

Follows a multi cap strategy

Focus on quality stocks

with sustainable

growth potential

Focus on bottom up

stock picking with an

endeavor to add value to

investor’s returns

Investment Strategy – Equity

Market Cap Mix*79% Large cap,

21% Midcap

Top 10 holdings 34.8%

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

markets. Large Cap: Large cap >= Market Cap of 100th stock by market cap in Nifty 500 Index (currently 23,490 crs); Midcap: Market cap of 400th Stock in

Nifty 500 Index (currently 2,982 crs) <= Midcap < Market Cap of 100th stock by market cap in Nifty 500 Index (currently 23,490 crs); Small Cap: Small Cap <

Market cap of 400th Stock in Nifty 500 Index (currently 2,982 crs).

The range will be monitored quarterly based on average of last 4 quarters. The range is calculated based on average of last 4 quarters ended Dec 2017

* Top 10 of Unhedged equity exposure

Fixed income portion of the portfolio can invest across

the yield curve

Currently invested

majority in 1-5 year corpbonds with

some exposure to

G-Sec

Seek to provide

stability to investor’s

portfolio and limit the

downside

Investment Strategy – Fixed Income

Asset Mix (Debt)* As on 28th Mar 2018

Corporate Bonds 23.3%

G-sec 6.2%

PTC 0.6%

Allocation & maturity is based on the current market conditions and is subject to changes depending on the fund manager’s view of the markets.. The

calculation is based on the invested corpus. Sector(s) / Stock(s) / Issuer(s) mentioned above are for the purpose of disclosure of the portfolio of the

Scheme(s) and should not be construed as recommendation. The fund manager(s) may or may not choose to hold the stock mentioned, from time to time.

Investors are requested to consult their financial, tax and other advisors before taking any investment decision(s). * Of total exposure

Portfolio Update – 28th Mar 2018

Allocation & maturity is based on the current market conditions and is subject to changes depending on the fund manager’s view of the markets. ^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. Sector(s) / Stock(s) / Issuer(s) mentioned above are for the purpose of disclosure of the portfolio of the Scheme(s) and should not be construed as

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

financial, tax and other advisors before taking any investment decision(s). *Net equity exposure

Top 10 Stocks* % of NAV

Infibeam Incorporation Ltd. 6.82%

Mahindra & Mahindra Financial

Services Ltd.6.82%

Maruti Suzuki India Limited 3.22%

Century Textiles & Inds. Limited 2.93%

H D F C Bank Limited 2.90%

Britannia Industries Limited 2.85%

Reliance Industries Limited 2.64%

Housing Development Finance

Corpn. 2.61%

Bajaj Finance Limited 2.10%

Dewan Housing Finance Corpn.

Limite1.95%

Portfolio Characteristics:

Average Maturity 4.3 years

Modified Duration 3.0 years

Yield to Maturity^ 8.41%41.5%

35.1%

23.4%

Total Unhedged Equity

Debt Allocation

Arbitrage Allocation

• Aims to benefit from asset allocation & diversification

• Endeavors to take advantage of growth and stability at the same time

• Helps in leveraging on tax benefits even with moderate participation in pure equity

Benefits of investing in Axis Equity Saver Fund

Performance (As on 28th Mar 2018)

Annexure for returns of schemes managed by fund manager (As on 28th Mar 2018)

Please refer to the next slide for detailed disclaimers

Annexure for returns of schemes managed by fund manager (As on Mar 28th, 2018)

Statutory Details and Risk Factors

Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability

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

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

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

document does not constitute advice to buy/sell any scheme of Axis Mutual Fund. Neither Axis Mutual Fund, Axis Mutual Fund Trustee Ltd. nor

Axis Asset Management Company Ltd., its Directors or associates shall be liable for any damages including lost revenue or lost profits that may

arise from the use of the information contained herein. No representation or warranty is made as to the accuracy, completeness or fairness of

the information and opinions contained herein. The AMC reserves the right to make modifications and alterations to this statement as may be

required from time to time.

Please consult your tax adviser with respect to the specific tax implications

Data as on Mar 28th 2018

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