Axis S/T Instl Mn Div 112355

| INF846K01669 | 3 star

NAV

$ 10.24

NAV Day Change

0.00 | 0.04

As of 24/05/2013 09:30:00 | INR

TTM Yield

7.64%

Load

0.25

Total Assets

$ 9.3 bil

Turnover

565.8%

Status

Open

Min. Inv.

5,000

30-Day SEC Yield

Credit Quality/Interest Rate Sensitivity

High/Limited

Overview Portfolio Detailed Portfolio Performance Risk & Rating History Factsheet

Growth of 10,000

03/31/2007 – 03/08/2012

Zoom: 1M 3M YTD 1Y 3Y 5Y 10Y Maximum

This fund's investment structure and legal structure substantially changed as of . Either investment strategy or different legal structure significantly changed on the date. Prior to that, the fund followed a significantly different investment strategy, and it operated under a different legal structure.

Performance

	YTD	1 Mo	1 Yr	3 Yr	5 Yr	10 Yr

Growth of 10,000	10,399	10,119	10,977	12,443	—	—
Fund	3.99	1.19	9.77	7.56	—	—
+/- India 364 day T-Bill TR INR	0.59	0.31	1.31	1.08	—	—
+/- Category	0.03	0.07	-0.03	-0.35	—	—
% Rank in Cat	—	—	—	—	—	—
# of Funds in Cat	255	422	237	183	118	55
* Annualized returns. Data as of 05/24/2013. Currency is displayed in INR.

Top Holdings

		Weight %	Maturity Date	Amount	Value

	9.75% Lic Housing Finance Ltd (11/09/2015) **	3.84	09/11/2015	3.50Mil	356.42 Mil
	Pwr Fin 9.46%	2.96	05/02/2015	2.70Mil	274.66 Mil
	Tata Sons Limited 9.98%	2.74	04/10/2015	2.50Mil	254.70 Mil
	Pwr Fin 9.63%	2.74	12/15/2014	2.50Mil	254.08 Mil
	9.20% Infrastructure Development Finance Company Ltd (27/02/2015) **	2.72	02/27/2015	2.50Mil	252.35 Mil
	% Assets in Top 5 Holdings	15.00
Increase Decrease New to Portfolio Portfolio Date : 04/30/2013

Top Sectors

Fund

Benchmark

Cat Avg

Fund

Cat Avg

Corporate

66.77

—

55.75

Cash & Equivalents

33.23

—

29.79

Government

0.00

—

8.98

Securitized

0.00

—

5.47

Municipal

0.00

—

0.00

Portfolio Date: 04/30/2013

Dividend and Capital Gains Distributions

Distribution Date	Distribution NAV	Long-Term Capital Gain	Short-Term Capital Gain	Dividend Income	Distribution Total	Return of Capital

04/25/2013	10.12	0.0000	0.0000	0.0627	0.0627	0.0000
03/25/2013	10.08	0.0000	0.0000	0.0569	0.0569	0.0000
02/25/2013	10.06	0.0000	0.0000	0.0536	0.0536	0.0000
01/28/2013	10.09	0.0000	0.0000	0.0695	0.0695	0.0000
12/26/2012	10.08	0.0000	0.0000	0.0646	0.0646	0.0000

Currency: INR

Asset Allocation


	Cash	27.78%
	Stock	0.00%
	Bond	72.22%
	Other	0.00%
As of 04/30/2013

Management

	Start Date

Devang Shah	11/05/2012
Kedar Karnik	11/05/2012

Morningstar Risk Measures

Risk vs.Category* (179)

Low

Return vs.Category* (179)

Avg

*Overall Ranking


Low		Avg		High

Style Map

Avg Eff Duration	— Yrs
Avg Eff Maturity	1.75 Yrs
Avg Credit Quality	AAA

Axis S/T Instl Mn Div 112355

NAV

NAV Day Change

TTM Yield

Load

Total Mkt Val

Total Assets

Expenses

Fee Level

Turnover

Status

Min. Inv.

30-Day SEC Yield

Category

Credit Quality/Interest Rate Sensitivity

Growth of 10,000

Performance

Top Holdings

Top Sectors

Dividend and Capital Gains Distributions

Asset Allocation

Management

Morningstar Risk Measures

Style Map