Fundcard

Axis Long Term Equity Fund

Value Research Fund Rating as on Apr 30, 2017

Open-ended and Equity: Tax Planning

Risk Grade Low

Return Grade Above Average

NAV Rs. 36.36 as on May 15, 2017

Net Assets Rs. 12915.6 crore as on Apr 30, 2017

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Axis Long Term Equity Fund
Rating: Fund Performance Vs S&P BSE 200
Risk: Low
Return: Above Average

Fund
S&P BSE 200
(Rebased to 10,000)

History 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
NAV (Rs) - - 10.00 13.00 11.08 14.82 17.26 28.69 30.61 30.40 36.36
Total Return (%) - - - 29.99 -14.76 33.68 16.51 66.18 6.70 -0.69 19.61
+/- S&P BSE 200 - - - - - - - - - - -
+/- S&P BSE Sensex - - - 12.56 9.88 7.98 7.53 36.29 11.73 -2.64 5.73
Rank (Fund/Category) - - - 1/37 1/36 15/37 1/37 6/73 19/70 73/78 53/82
52 Week High (Rs) - - - 13.45 13.09 14.94 17.27 28.69 32.84 33.86 -
52 Week Low (Rs) - - - 9.92 10.87 11.05 13.54 16.65 28.53 27.01 -
Net Assets (Rs.Cr) - - 0.14 48.23 137.51 369.05 755.32 2983.00 6479.59 10509.09 11335.91
Expense Ratio (%) - - - 2.50 2.46 2.35 2.85 2.55 2.51 2.50 -

Top Holdings Quarterly Returns (%)

Company Sector P/E YTD % Assets Q1 Q2 Q3 Q4 Year

Kotak Mahindra Bank Financial 52.50 35.36 8.10 2017 13.58 - - - -

HDFC Bank Financial 27.40 29.15 8.07 2016 -4.66 7.90 5.02 -8.07 -0.69
HDFC Financial 33.30 23.46 6.97 2015 8.27 -1.19 -0.23 -0.02 6.70
Maruti Suzuki India Automobile 28.10 28.28 5.49 2014 11.05 19.98 12.82 10.56 66.18
Larsen & Toubro Diversified 24.10 28.82 5.42 2013 -4.45 4.87 -0.85 17.27 16.51
Motherson Sumi Systems Automobile 74.10 28.00 4.89
Bajaj Finance Financial 43.00 58.80 4.76 Trailing Returns (%)
Pidilite Industries Chemicals 47.10 27.31 4.23 Return Rank S&P BSE SIP
Bosch Automobile 53.10 15.03 4.04 Fund Category Fund/Cat 200 Return
Cummins India Engineering 39.90 30.43 3.01 Year-to-Date 19.61 20.97 53/82 18.12 -
TTK Prestige Cons Durable 66.70 11.03 2.99 3-Month 12.41 12.28 47/82 9.85 56.17
Sundaram Finance Financial 35.10 31.58 2.85 6-Month 19.23 21.17 55/82 19.24 51.51
PI Industries Chemicals 27.40 0.01 2.70 1-Year 21.34 28.88 73/80 24.92 22.85
Torrent Power Energy 35.20 19.61 2.59 2-Year 9.07 12.86 66/72 9.38 15.48
Gruh Finance Financial 51.20 29.12 2.53 3-Year 21.67 20.17 24/70 13.20 13.91
Symphony Cons Durable 60.20 29.29 2.38 5-Year 24.39 20.00 1/35 15.56 21.88
Sun Pharmaceutical Inds. Healthcare 3.61 2.27 7-Year 18.87 13.41 1/34 9.75 20.65
Nestle India FMCG 65.40 9.65 2.24 10-Year - - - - -
Wabco India Automobile 50.50 13.10 2.06 Return less than 1-year are absolute and over 1 year are annualised
Multi Commodity Exchange Financial 43.40 -15.29 1.66
Eicher Motors Automobile 50.50 32.67 1.61 Top 10 Sector Weights (%) Risk Analysis
Astral Poly Technik Chemicals 84.40 54.66 1.46 Volatility Measurements
Fund S&P BSE 200
Cadila Healthcare Healthcare 75.00 36.93 1.42
Financial 35.94 - Standard Deviation 13.88
Avenue Supermarts Services 97.00 1.32
Endurance Technologies Automobile 52.00 42.34 1.10 Automobile 20.28 - Sharpe Ratio 1.22
Chemicals 8.39 - Beta 0.89
FUND STYLE Cons Durable 5.88 - R-Squared 0.78
Portfolio Characteristics Investment Style Diversified 5.42 - Alpha 10.39
Growth Blend Value
Total Stocks 38 Healthcare 4.82 -
Large Medium Small

Avg Mkt Cap (Rs.Cr) Composition (%)

Capitalisation

55146 Services 4.25 -

Portfolio P/B Ratio 5.50 Engineering 3.95 - Equity 95.71
Portfolio P/E Ratio 33.92 Energy 2.59 - Debt 3.95
3Y Earnings Growth (%) 22.74 FMCG 2.24 - Cash 0.35
Returns as on May 15, 2017, Portfolio related data as on April 30, 2017
Best Performance Value Research Analysis Fund Objective & Strategy
YEAR 86.83%
Axis Long Term Equity has managed a five-star rating consistently since The scheme aims to generate
launch. The fund's strategy of buying quality stocks with a growth bias regular long term capital
has paid off in the last five years. While selecting stocks, the fund looks
growth from a diversified
for superior and scalable businesses, a high return on capital, and secular
growth. The fund is large-cap oriented as compared to its peers. In the portfolio of equity and equity
last one year, large-cap weights have been at 65-70 per cent, mid caps related securities. The
at 25-30 per cent, with marginal small-cap positions. Consistent Scheme Will invest in
performance has led to the fund seeing its asset size burgeon from a companies with strong growth
QUARTER 25.79% mere Rs 4 crore at launch to over Rs 10,409 crore by end December
& a sustainable business
2016. The fund, being a later entrant, managed to skip the bear market
of 2008 and thus hasn't really been tested in a severe market meltdown. model.
Its performance in 2011, however, showed that it is able to contain losses
in a falling market. It has delivered convincing outperformance of both
benchmark and peers in most bull years - be it 2010, 2013 or 2014. Since
2015, there has been a shift in the market cycle in favour of cyclical and
beaten-down stocks and sectors. These do not usually figure in the fund's
MONTH buy list. This could have slowed its one-year performance. Overall, this
14.59%
fund is a safe pair of hands if you like to own quality businesses in the
listed space.

Portfolio Manager

Jinesh Gopani
Worst Performance Since Apr 2011

YEAR -14.99%

QUARTER -16.20%

MONTH -10.24%
Investment Information

AMC : Axis Asset Management Company Ltd. Min Investment (Rs.) : 500
Website : www.axismf.com Min SIP Investment (Rs.) : 500
Registrar : Karvy Computershare Pvt Ltd. Exit Load : Nil
Launch : December 2009
Benchmark : S&P BSE 200
All the graphs are rebased to 10,000 Plans (NAV) : Dividend (21.27) , Growth (36.36)

NAV S&P BSE 200

How to Read the Fundcard - Equity

Value Research Rating, Risk and Return

z Fund Rating The Value Research Fund Rating is a 1 to 5 star rating that is based on the returns that an equity fund has generated over the pre-
vious three and five years, while taking into account the risks that the fund has taken. This rating is relative to other fund of the same type.
z Risk Grade A five-step grading of the riskiness of a fund, based on the losses it has suffered during the past five years. This grade is relative to
other fund of the same type.
z Returns Grade A five-step grading of the returns of a fund. This grade is relative to other fund of the same type.

History
Fund Performance Vs Index
Data on the funds performance Sample Mutual Fund
since its launch. Graph of how an investors money
Rating: Fund Performance Vs S&P CNX Nifty
z NAV (Year End) The last Risk: Low 90000
would have grown in the fund since
NAV of each year. Return: Above Average its launch. A similar graph of the
70000
z Total Return The percent- Fund
funds benchmark index is also
age returns that an investor S&P CNX Nifty
50000
given. For ease of comparison,
would have got over the (Rebased to 10,000) 30000 both have been adjusted to start at
year. 10000
10,000.
z +/- In the given year, a History 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

comparison of the funds NAV (Rs) - - - - 10.33 19.71 23.94 33.94 50.13 81.34 41.89
Total Return (%) - - - - - 90.80 21.46 41.77 47.70 62.26 -48.50
returns with that of two stock +/-S&P CNX Nifty (%) - - - - - 18.90 10.78 5.43 7.87 7.49 3.29
market indices +/-BSE 200 (%) - - - - - -3.67 5.77 7.97 8.12 1.82 7.96
Rank (Fund/Category) - - - - - 54/70 50/79 65/101 27/145 71/162 34/192
z Rank The funds perform- 52 Week High (Rs) - - - - 10.33 19.71 23.94 33.94 50.76 81.46 83.52
ance rank within its category 52 Week Low (Rs) - - - - 8.84 9.91 16.36 22.34 32.26 46.06 36.49

for the year and the total Net Assets (Rs.Cr)

Expense Ratio (%)
-
-
-
-
-
-
-
-
51.40
2.49
15.15
2.50
9.11
2.50
140.54
2.50
124.74
2.50
374.84
2.35
343.03
2.31
number of funds out of Top Holdings Quarterly Returns (%) Quarterly Returns (%)
which it has been ranked. Company Sector P/E 2008 Ret % Assets Q1 Q2 Q3 Q4 Year

z 52-Week NAV Range The Bharti Airtel Communication 18.56 -28.10 6.49 2008 -24.24 -14.18 -2.23 -18.97 -48.50 The funds returns over each quar-
highest and the lowest NAV
Reliance Industries
ONGC
Energy
Energy
11.50
8.31
-57.30
-46.00
5.42
4.50
2007
2006
-1.42
19.42
14.53
-7.25
16.01
19.39
23.88
11.70
62.26
47.70
ter of the last five years, along with
that the fund recorded dur- HDFC Bank Financial 20.67 -42.26 3.93 2005 -0.04 6.52 23.26 8.02 41.77 the entire years returns.
HDFC Financial 17.10 -48.21 3.51 2004 0.71 -13.50 15.08 21.15 21.46
ing that year Satyam Computer Services Technology 7.86 -62.12 3.16
Trailing Returns (%)
z Net Assets The total
ITC FMCG 21.00 -18.47 2.72
Axis Bank Financial 10.42 -47.82 2.70 Return Rank S&P SIP
amount of investors assets Infosys Technologies Technology 14.29 -36.79 2.64 Fund Category Fund/Cat CNX Nifty Return
United Spirits FMCG 23.26 -55.48 2.34
that the fund was managing
Year-to-Date -48.50 -55.29 34/192 -51.79 -40.18
ICICI Bank Financial 9.49 -63.62 2.26 3-Month -18.97 -22.88 41/213 -24.53 -0.86
at the end of the year. Dr. Reddy's Lab
State Bank of India
Health Care
Financial
13.61
9.39
-36.12
-45.67
2.19
2.13
6-Month -20.78 -27.09 38/209 -26.76 -33.43
Trailing Returns (%)
1-Year -48.50 -55.29 34/192 -51.79 -40.18
z Expense Ratio The per- Crompton Greaves Engineering 12.29 -65.84 2.12 2-Year -8.59 -16.06 22/158 -13.63 -24.19

centage of the average daily

Indian Oil Energy -- -46.33 1.95 3-Year 7.27 -1.39 12/134 1.42 -9.43 Performance data for various stan-
Cipla Health Care 22.87 -12.09 1.70
assets that the fund charged Sterlite Industries Metals 11.81 -74.80 1.61
5-Year
7-Year
16.27 12.91
- -
19/67
-
9.50
-
9.90
-
dard periods. All returns are in per-
as its management expens-
Reliance Communications
Jindal Steel & Power
Communication
Metals
22.87
7.07
-69.56
-70.31
1.51
1.46
10-Year - - - - - centage. Periods greater than a
Return less than 1-year are absolute and over 1 year are annualised
es during the year. Larsen & Toubro Diversified 17.65 -62.88 1.43
Top 10 Sector Weights (%) Risk Analysis year are annualised, shorter peri-
ods are not.
Zee Entertainment Services 16.01 -57.45 1.41
CESC Energy 6.21 -62.11 1.37 Fund Nifty Volatility Measurements
Tata Consultancy Services Technology 12.79 -55.87 1.36 Financial 16.24 11.90 Standard Deviation 28.32 z Fund The funds own
ING Vysya Bank Financial 8.89 -50.78 1.35 Energy 14.67 37.49
Nestle India FMCG 26.11 -3.14 1.23 Communication 8.00 11.34
Sharpe Ratio
Beta
0.21
0.88
returns.
Top Holdings Portfolio Characteristics FUND STYLE
Technology
FMCG
7.16
6.29
10.95
6.85
R-Squared 0.96 z Category The average
Investment Style
Growth Blend Value Health Care 5.00 2.74
Alpha 4.77
returns for all funds in the cate-
A detailed report on the latest Total Stocks 39
Engineering 4.01 5.26
gory.
Large Medium Small

Avg Mkt Cap (Rs.Cr) 28180 Composition (%)

Capitalisation

investment portfolio that the fund Portfolio P/B Ratio 3.03

Metals 3.07 4.43
Equity 71.37
Services 2.93 0.28
z Rank The funds rank, out of
is holding. For each company, Portfolio P/E Ratio 13.70 Diversified 1.43 2.97 Debt 18.46
3Y Earnings Growth (%) 9.80 Cash 10.17 the total number of funds in the
the sector, the P/E ratio, and the Returns as on 31st December 2008, Portfolio related data as on 30th November 2008
category
years returns are given. Also
z Index The returns of the
stated is the percentage of the
funds benchmark index.
funds investments that are
z SIP Return (Annualised)
invested in that company.
The return that an investor
would have made by investing
in the funds monthly systemat-
Portfolio Characterstics Fund Style Top 10 Sector Composition (%) ic investment plan over the
Weights (%) period.
Aggregate measures regarding A nine-cell matrix of the overall style The proportion of
the funds investments. The mar- of investment that the fund follows, The percentage of the funds holdings
ket capitalisation, P/B ratio and based on its latest portfolio. On the the equity invest- that are held in
P/E ratio are weighted averages vertical axis, the three steps denote ments of the fund each of the three
of the latest numbers of the com- the weighted average market capital- that fall under each basic types of
panies that the fund is invested isation of the funds investments. The sector of the econo- assets. Risk Analysis
in. Three Year Earnings Growth horizontal axis denotes, on a weight- my. The top 15 sec-
is the weighted average of the ed average basis, whether the com- tors for each fund A range of statistical measures that
compounded average growth in panies that the fund has invested in are given. can be used to evaluate the per-
the net profits of each company. are value stocks, growth stocks, or a formance, risk, and return of a
blend of the two. mutual fund.