axis long term equity fund long term equity fund...axis mutual fund 2 variation in top and bottom...

AXIS LONG TERM EQUITY FUND An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit

Stock returns vary widely, high risk not equal to high return

Axis Mutual Fund 2

Variation in top and bottom stocks over the last 10 years

% CAGR (CY 08-18)

BSE 100 index 14.5

Top quartile 26.2

Bottom quartile (15.9)

Our strategy relies on bottom up selection of quality companies that can deliver sustainable growth

Source: Bloomberg, Past performance may or may not be sustained in future. BSE 100 is used in this example only for illustrative purposes only. The benchmark of the scheme is S&P BSE 200 Index.

Data as on 31st Dec 2018

Weak companies have

destroyed significant

investor wealth

We offer a tight basket of clearly positioned equity funds

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. ^Open-ended Equity-Linked Savings Scheme

with a 3 year lock in. The bubbles in the chart are proportionate to their sizes respectivelyMarket caps are defined as per SEBI regulations as below: a. Large Cap: 1st -100th company in terms of full market

capitalization. b. Mid Cap: 101st -250th company in terms of full market capitalization. c. Small Cap: 251st company onwards in terms of full market capitalization. Please refer annexure for type of scheme for each of

the above mentioned schemes

Active Risk

Axis Long

Term Equity

Fund^

Axis Midcap Fund

Axis

Bluechip

Fund

Axis

Focused 25

Fund

Axis Small Cap Fund

Large Cap: 50 - 100%

Mid Cap: Max 50%

>65% in Midcaps

>90% in top 200 companies by

market cap

Large Cap: 80 - 100%

Active

Re

turn

s >65% Small caps

Axis

Multicap

Fund Large Cap: 50 - 100%

Mid Cap: Max 50%

Large Cap

Focused

ELSS

Multicap

Midcap

Smallcap

Axis Growth Opportunities Fund

Large Cap: 35 - 65%

Mid Cap: 35 - 65%

Large & Midcap

Axis Long Term Equity Fund: Positioning

4

1

2

3

An open ended equity linked saving scheme with a statutory lock

in of 3 years and tax benefit

Offers tax benefit under section 80C of the Income Tax Act, 1961

Invests across market cap

Large caps around 50-100% and

midcaps up to 50%

Current Portfolio Allocation is based on the prevailing market conditions and is subject to changes depending on the fund manager’s v iew of the equity markets. Market cap buckets as per SEBI/AMFI classification.

Invests in quality businesses for

the long term through bottom up

stock picking

3 year lock-in eliminates near term

pressure on stock selection

Can support quality businesses

through their market cycle

Axis Mutual Fund

Unique long term orientation that helps investors

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Benefits of 3 year lock-in period

Investor Perspective Fund manager perspective

Investment horizon aligned with the market cycle Focus on long term wealth creation opportunities while ignoring

short term market noise

Discipline of looking at long term factors while making

allocations No tactical/hot money flows into the fund

Wealth creation potential Greater leeway to enter/ exit positions –provides headroom to

manage a large corpus

A unique strategy that has a consistent track record of generating wealth for investors for the long term

Axis Mutual Fund

What do we mean by quality businesses?

6

Strong competitive

positioning

Cash flow generating with

sound balance sheet

Credible management team Sustainable Growth Potential

Focus on steady consistent and long term portfolio with limited down side risk

Axis Mutual Fund

Summary – Portfolio construction

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We invest in

• High quality leaders, solid growth, impeccable execution, strong finances especially decent Operating Cash Flows and less geared

We avoid

• PSUs, highly cyclical and highly regulated sector

Outcome: Stringent benchmark agnostic stock selection, compact

portfolio reflecting high conviction, long holding periods

Bottom up portfolio aiming to deliver steady and consistent returns for investors

Axis Mutual Fund

Source : ValueFY, ACEMF. Axis MF Research

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. Market cap buckets as per

SEBI/AMFI classification. Past performance may or may not be sustained in the future. Stock(s) / Issuer(s)/ Top stocks with increased or decreased exposure mentioned above are for the

purpose of disclosure of the portfolio of the Scheme(s) and should not be construed as recommendation to buy/sell/ hold. The fund manager(s) may or may not choose to hold the stock

mentioned, from time to time.

A Multicap Strategy

8 Axis Mutual Fund

0%

20%

40%

60%

80%

100%

Sep-17 Mar-18 Sep-18 Mar-19 Sep-19

Large Cap Midcap Small Cap

Small Cap

Mid Cap

Large Cap

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. Matched Portfolio refers to the % of the portfolio

overlapping with its benchmark.

Focus on bottom up stock picking while being benchmark agnostic

9 Axis Mutual Fund

20%

22%

24%

26%

28%

30%

32%

Sep-17 Mar-18 Sep-18 Mar-19 Sep-19

Common positions between portfolio and benchmark

Changes made to the portfolio over the last year

While the broad positioning of the portfolio has remained stable over the last 1 year, stock specific adjustments have

been made

Portfolio Characteristics Sep 18 Sep 19

Matched Portfolio 28% 30%

No. of Stocks 35 33

Market Cap Mix* Large Caps:66%, Mid Caps: 23%, Small Caps:

5%

Large Caps:67%, Mid Caps: 27%, Small

Caps: 1%

Top 10 stocks (% of portfolio) 59% 65%

Long term holdings No of stocks held for at least 3 years: 19 (

74%)

Top stocks with increased

exposure/entries

Change in exposure (%)

over last year

Top stocks with reduced exposure/

exits

Change in exposure (%)

over last year

Bajaj Finance Limited 4.6% Sun Pharmaceutical Industries Limited -4.0%

Avenue Supermarts Limited 3.0% Tata Consultancy Services Limited -3.5%

Nestle India Limited 2.3% Eicher Motors Limited -2.6%

Info Edge (India) Limited 1.9% Bandhan Bank Limited -2.5%

Kotak Mahindra Bank Limited 1.9% HDFC Bank Limited -1.6%

Source : ValueFY, ACEMF. 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. Market cap buckets

as per SEBI/AMFI classification. Past performance may or may not be sustained in the future. Stock(s) / Issuer(s)/ Top stocks with increased or decreased exposure mentioned above are for the purpose of

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

Axis Mutual Fund

Portfolio & Risk Parameters (30th Sep 2019)

Private and confidential, strictly for internal purpose

*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. Past performance may or may not be sustained in the future. 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).

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Performance of other schemes managed by the fund manager are made available in Annexure

One of the lowest lock-in periods among other tax saving instruments

13

* Subject to conditions. Please consult your tax / investment advisor for more details. Numbers indicate lock in period in years. Tax benefit under section 80C of the Income Tax Act, 1961.

15

3 3-5

5

5

Public Provident Fund*

(PPF)

National Savings

Certificate*

(NSC)

Life Insurance

Premium / ULIPs*

(Unit Linked

Insurance Plans)

Tax Saving Bank

Deposits*

Equity Linked

Savings

Scheme from

Mutual Funds

(ELSS)*

Axis Mutual Fund

Axis Long Term Equity Fund* : SIP performance (30th Sep 2019)

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SIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIP

Total Amount Invested 1,170,000 600,000 360,000 120,000

Market value as on September 30, 2019 2,780,483 801,257 427,607 130,490

Returns (Annualised) 16.96% 11.53% 11.52% 16.66%

Benchmark Returns (Annualised) 11.22% 9.09% 7.17% 5.01%

Additional Benchmark Returns (Annualised) 10.98% 9.88% 9.38% 7.06%

Above investment simulation is for illustration purpose only and should not be construed as a promise on minimum returns and safeguard of capital. Above calculation is

based on Regular Plan - Growth Option NAV. Assuming Rs. 10,000 invested 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: S&P BSE 200 TRI. Additional Benchmak: Nifty 50

TRI. 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. * An open

ended equity linked savings scheme with a 3 year lock-in. SIP returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of

return). The performance given above is for Other than Direct Plan unless specified.

Annexure

15

Annexure

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Product Labelling

Fund Name Riskometer Product Labelling

Axis Long Term Equity Fund (An open ended equity linked saving scheme with a

statutory lock in of 3 years and tax benefit)

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 Focused 25 Fund (An open ended equity scheme investing in maximum

25 stocks investing in large cap, mid cap and small

cap companies.)


• Capital appreciation over long term

• Investment in a concentrated portfolio of equity & equity

related instruments of up to 25 companies

Axis Emerging Opportunities Fund –

Series I (1400 Days) (An Close ended equity fund)



• Investment in a diversified portfolio of equity and equity

related instruments of midcap companies

Axis Emerging Opportunities Fund –

Series II (1400 Days) (An Close ended equity fund)



• Investment in a diversified portfolio of equity and equity

related instruments of midcap companies

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

Product Labelling


Axis Bluechip Fund (An open ended equity scheme predominantly

investing in large cap stocks)



• Investment in a diversified portfolio predominantly

consisting of equity and equity related instruments of

large cap companies

Axis Multicap Fund (An open ended equity scheme investing across large

cap, mid cap, small cap stocks)


• Capital appreciation over medium to long term

• Investment in a diversified portfolio consisting of

equity and equity related instruments across market

capitalization.

Axis Midcap Fund (An open ended equity scheme predominantly

investing in Mid Cap stocks)



• Investing predominantly in equity & equity related

instruments of Mid Cap companies.

Axis Small Cap Fund (An open ended equity scheme predominantly

investing in small cap stocks )



• Investment in a diversified portfolio of equity and

equity related instruments of small cap companies


Product Labelling


Axis Growth Opportunities Fund

(An Open-ended Equity Scheme investing in both

large cap and mid cap stocks)

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

both in India as well as overseas


Statutory Details and Risk Factors

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Data updated as on 30th Sep 2019

Disclaimer: Past performance may or may not be sustained in the future. 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.

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 Limited 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.

Neither Axis Mutual Fund, Axis Mutual Fund Trustee Limited nor Axis Asset Management Company Limited, 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.

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

Thank you

axis long term equity fund long term equity fund...axis mutual fund 2 variation in top and bottom...

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