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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. Data as on 31st Dec 2018
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Large dispersion in sector specific earnings
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We offer a tight basket of clearly positioned equity funds
Smallcap
Midcap Axis Small Cap Fund
Small caps
Multicap
Active Returns
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Pure bottom up stock picking
3 focusing on fundamentals
Risk management Maintains a core portfolio of quality businesses
with secular growth prospects
embedded in the investment process
2 Takes tactical positions in quality cyclicals linked
Relatively liquid portfolio
to fund manager views of cyclical factors and
Targets volatility below benchmark (Nifty)
market positioning
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 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.
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Large cap biased: Reducing midcap exposure
100%
Mid Cap
95%
75%
Dec-16 Jun-17 Dec-17 Jun-18 Dec-18
Large Cap Midcap Small 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. Market 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.
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What do we mean by quality businesses?
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Current Investment Focus
The investment focus of the fund is subject to change on the discretion of the fund manager. The investment strategy of the fund will be in line with the strategy laid out in the scheme information document. For
complete details on the scheme investment strategy refer the scheme information document.
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Changes made to the portfolio over the 1 year (31st Dec 18)
Change in
Top stocks with increased Change in exposure Top stocks with reduced
exposure (%) over
exposure/entries (%) over last year exposure/ exits
year
Tata Consultancy Services Ltd 5.0% Page Industries Ltd -3.9%
Bajaj Finance Ltd 3.4% Maruti Suzuki India Ltd -3.7%
Housing Development Finance
Titan Company Limited 3.1% -3.6%
Corporation Ltd
Bandhan Bank Limited 3.0% Bharti Airtel Ltd -3.3%
Nestle India Ltd 2.8% Endurance Technologies Limited -2.6%
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 marketsMarket 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. 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.
Sector-wise positioning (31st Dec 18)
Sector Overweight/Underweight
Consumer 8%
Others 1%
Finance 1%
Media & Publishing -1%
Agro Inputs & Chemicals -1%
Cement & Building Materials -1%
Healthcare Services -1%
Telecom -1%
Capital Goods, Engineering & Construction -2%
Autos & Logistics -2%
Information Technology -3%
Infrastructure & Power -3%
Metal,Metal Products & Mining -4%
Oil & Gas -10%
Source IISL, Axis MF Research The benchmark for the scheme is NIFTY 50. 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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Current Portfolio & Risk Parameters (31st Dec 18)
Top 5 sector holdings Risk parameters (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 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
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SIP Performance as on Dec 31, 2018
SIP Investments Since Inception SIP 5 Year SIP 3 Year SIP 1 Year SIP
SIP returns are computed after accounting for the cash flow by using XIRR method (investment internal rate of return). Benchmark: Nifty 50. Additional Benchmark: S&P BSE Sensex.
Inception Date: Jan 05, 2010.
This scheme is managed by Shreyash Devalkar. He is managing the scheme since 23rd November 2016 and he manages 5 schemes of Axis Mutual Fund. Please refer to the
Annexure for returns of all the schemes managed by him.
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Past performance may or may not be sustained in future. Data as on 31st Dec, 2018. @@The performance data for 5 years period has not been provided for scheme/plan not in existence for 5 years. @The
performance data for 3 years period has not been provided for scheme/plan not in existence for 3 years. Calculations are based on Growth Option NAV. Since inception returns are calculated on Rs. 10/-
invested at inception. Different plans have different expense structure. Plan of the scheme for which performance is given is indicated above. Above data excludes returns of schemes which have not completed
a year. Shreyash Devalkar is managing Axis Bluechip Fund and Axis Midcap Fund since 23rd November 2016, Axis Equity Advantage Fund - Series 1 & 2 & Axis Multicap Fund since inception.
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Product Labelling
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them. 15
Product Labelling
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them. 16
Statutory Details and Risk Factors
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Thank You