Report as of 6 Sep 2019

Axis Ultra Short Term Fund Regular Daily Dividend Re-investment

Morningstar® Category Morningstar® Benchmark Fund Benchmark Morningstar Rating™
Ultra Short Duration CRISIL Liquid Fund TR INR CRISIL Ultra Short Term Debt TR INR Not Rated
Used throughout report

Investment Objective Performance

The investment objective of the Scheme is to generate
11,000
regular income and capital appreciation by investing in
10,500
a portfolio of short term debt and money market
instruments with relatively lower interest rate risk such 10,000

that Macaulay duration of the portfolio is between 3 9,500

months and 6 months. 9,000

2014   2015   2016   2017   2018   2019-08 

- - - - - 0.29 Fund
- - - - - 4.82 Benchmark
- - - - - 3.48 Category

Risk Measures Trailing Returns % Fund Bmark Cat Quarterly Returns % Q1 Q2 Q3 Q4

3Y Alpha - 3Y Sharpe Ratio - 3 Months 0.18 1.68 1.78 2019 0.05 0.07 - -
3Y Beta - 3Y Std Dev - 6 Months 0.29 3.61 2.59 2018 - - - -0.13
3Y R-Squared - 3Y Risk - 1 Year - - - 2017 - - - -
3Y Info Ratio - 5Y Risk - 3 Years Annualised - - - 2016 - - - -
3Y Tracking Error - 10Y Risk - 5 Years Annualised - - - 2015 - - - -
Calculations use CRISIL Liquid Fund TR INR (where applicable)

Portfolio 31/07/2019

Asset Allocation % Net Fixed Income Fund Credit Quality % Fund Credit Quality % Fund
Stocks 0.00 Style Box™ Modified Duration 0.45
AAA 73.73 BBB 0.00
Bonds 38.62 Yield to Maturity 7.20
High Med Low
Credit Quality

AA 24.43 BB 0.00
Cash 61.38 Average Credit Quality AA
A 1.84 B 0.00
Other 0.00
Below B 0.00
Not Rated 0.00
Ltd Mod Ext
Interest Rate Sensitivity

Top Holdings Fixed Income Sector Weightings % Fund Maturity Distribution % Fund
Holding Name Sector %
⁄ Government 3.39 1 to 3 Years 40.64
Reliance Jio Infocomm Limited - 2.73 › Corporate 31.48 3 to 5 Years 4.60
Nirma Limited - 2.70 u Securitized 3.75 5 to 7 Years 0.00
National Housing Bank - 2.48 ‹ Municipal 0.00 7 to 10 Years 0.00
NATIONAL HOUSING BANK - 2.48 y Cash & Equivalents 61.38 10 to 15 Years 0.00
Rent a Device Trust - 2.43 ± Derivative 0.00 15 to 20 Years 0.00
20 to 30 Years 0.00
L&T FINANCE LIMITED - 2.38 Coupon Range % Fund Over 30 Years 0.00
National Bank For... - 1.99
Bahadur Chand Investments... - 1.74 0 9.38
IDFC Bank Limited - 1.72 0 to 4 0.00
LIC Housing Finance Limited - 1.37 4 to 6 0.00
6 to 8 19.16
Assets in Top 10 Holdings % 22.03 8 to 10 59.69
Total Number of Equity Holdings 0 10 to 12 9.20
Total Number of Bond Holdings 34 Over 12 2.57

Operations

Fund Company Axis Asset Management Share Class Size (mil) - Minimum Initial Purchase 5,000 INR
Company Limited Domicile India Minimum Additional Purchase 100 INR
Phone +91 22 43255161 Currency INR Exit Load 0.00% - >0 years
Website www.axismf.com UCITS - Expense Ratio 1.20%
Inception Date 10/09/2018 Inc/Acc Inc
Manager Name Aditya Pagaria ISIN INF846K01G31
Manager Start Date 10/09/2018
NAV (05/09/2019) INR 10.05
Total Net Assets (mil) 20,251.69 INR
(31/07/2019)

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