1

2

Past performance may or may not be sustained in the future. 3 year rolling returns are denoted above. Stocks are represented by the Nifty 50

and Bonds by the I-Sec Sovereign Bond Index, Gold by INR Price of Gold; Triple Asset comprises of Stocks, Bonds and Gold weighted equally

and rebalanced monthly. Triple Asset is a simulated portfolio. Source of data: Bloomberg.

-20

-10

0

10

20

30

40

50

60

'01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16

Equity Bonds Gold Triple Asset

Bond years Equity years Gold years

No one asset class perform at all times

3

Specific view required on each

asset class

No specific view on any asset

class

Each asset performs under

different market conditions

All weather long-term

investing method

Higher volatility Less volatile due to

diversification

Possibility of a higher downside

as specific asset call is taken

Lower downside risk due to

diversification

Multi Asset Investing Single Asset Investing

Asset class

specific view

Cyclicality

Typical

Volatility

Downside

Single asset investing v/s multi asset investing

4

In 2008, even a 52% fall in

stocks was balanced by gains

in bonds and gold

years

returns

Data is historical. Past performance may or may not be sustained in future. Stocks: Nifty 50, Bonds: I-Sec Sovereign Bond Index Gold:

INR Price of Gold; Source of data: Bloomberg

Best & worst performer changes but 2 of 3 are positive in most years

Year Stocks Gold Bonds Average

1996 -1 -3 13 3

1997 20 -14 24 10

1998 -18 8 8 -1

1999 67 2 16 28

2000 -15 1 13 0

2001 -16 6 25 5

2002 3 24 23 17

2003 72 13 12 32

2004 11 1 -1 4

2005 36 22 6 21

2006 40 21 6 22

2007 55 17 7 26

2008 -52 31 27 2

2009 76 19 -6 30

2010 18 24 6 16

2011 -25 31 6 4

2012 28 9 12 16

2013 6 -18 2 -3

2014 32 2 18 17

2015 -4 -6 8 -1

2016 4 11 15 10

5

12.3%

6.7% 12.1% 11.9% 10.9% 11.6%

-30%

-20%

-10%

0%

10%

20%

30%

40%

50%

60%

70%

Equity Gold 50:50Debt/Equity

Triple Asset Debt 75:25Debt/Equity

3 yr rolling returns (1995-2016)

Lower uncertainty Higher uncertainty

This is historical data. High, Low and Average Rolling 3-Year returns are for the period 31 Dec 1994 to 31 Dec 2016. Returns are compounded

annualized. Past performance may or may not be sustained in the future. Stocks are represented by the Nifty 50, Bonds by the I-Sec Sovereign

Bond Index and Gold by INR price of Gold. Triple Asset comprises of Stocks, Bonds and Gold weighted equally and rebalanced monthly. Triple Asset

is a simulated portfolio. Source of data: Bloomberg & ACEMF.

Range of returns as important as average returns

6

Seeks to help investors take advantage of the benefits of diversification by investing in

a mix of three asset classes viz., equity, bonds and gold

Axis Triple Advantage Fund: Positioning

Long term growth

30 – 40% of the portfolio Equity

Regular income, lower

risk compared to equity

30 – 40% of the portfolio

Bonds Support against macro/ event risk

20 – 30% of the portfolio

Gold

7

100

992

974

751

699

Triple asset movement

1994 2017

GOLD

EQUITY

BONDS

TRIPLE

ASSET

This is historical data for the period 31 Dec 1994 to 30th Dec 2016 and is rebased to 100. Past performance may or may not be sustained in the

future. Stocks are represented by Nifty 50 and Bonds by the I-Sec Sovereign Bond Index CRISIL Composite Bond Fund Index has been used wef

Feb 1st 2017, Gold by INR Price of Gold; Triple Asset comprises of Stocks, Bonds and Gold weighted equally and rebalanced monthly. Triple Asset

is a simulated portfolio. Source of data: Bloomberg.

Rebalancing, the asset allocation secret that no one talks about

Stocks Gold Bonds Triple Asset

8

Helps

avoiding the

“buy-high

sell-low”

curse

Stable asset allocation with regular re-balancing

EQUITY GOLD FIXED INCOME

Current Allocation 34% 29% 35%

Current

Portfolio Strategy

Multi – Cap with

midcap^ allocation

of 27% of equity

exposure

Passive Allocation to

Gold ETF

Long duration to get

true diversification

benefits from the debt

portfolio

Key Terms

Beta: 0.93

-

Duration: 5.5 years

Tracking Error:

4.58%

Credit profile: 80%

AAA/SOV

Volatility (1 year)* 12.4% 14.0% 4.8%

Max Drawdown (1 yr)* -22.3% -21.2% -3.5%

Axis Triple Advantage Fund

Volatility (1 yr) : 7.1%

Max drawdown (1 yr) : -7.9%

Aims for high quality and low risk portfolio in debt and equity

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 101st stock by market cap in Nifty 500 Index (currently 19,904 crs); Midcap: Market cap of

400th Stock in Nifty 500 Index (currently 2,248 crs) < Midcap <= Market Cap of 101st stock by market cap in Nifty 500 Index (currently 19,904 crs);

Small Cap: Small Cap < = Market cap of 400th Stock in Nifty 500 Index (currently 2,248 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. Current marketcap cutoffs provided above data as per December

2016 quarter end.

Volatility is the standard deviation of daily returns of the index over last 1 year. Max drawdown measures the largest single drop from peak to bottom of

the index (before a new peak is achieved).

* Based on Index Equity: Nifty 50, Gold : INR price of Gold, Fixed Income: (I-Bex : i-sec sovereign bond index, wef Feb 1st 2017, CRISIL Composite

Bond Fund Index has been used) .

9

0

10

20

30

40

50

60

70

80

90

100

Feb-14 Feb-15 Feb-16 Feb-17

Source of data: ACEMF. Fund above is Axis Triple Advantage Fund , Average numbers for 3 years. 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 & Debt markets

EQUITY (average: 37%)

GOLD (average: 29%)

DEBT (average: 34%)

Disciplined asset allocation

10

Aims for stable returns with contained risk

11

Annexure for returns of schemes managed by fund manager (as on 30th Dec 2016)

12

Annexure for returns of schemes managed by fund manager (as on 30th Dec 2016)

13

14

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. Investors

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

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.

Data updated as on February 28th, 2017

Statutory Details and Risk Factors