Axis CPSE Plus SDL 2025 7030 Debt Index Fund - PPT - NFO - Final

1. Add the power of India CPSEs* to your investments. PRESENTING Axis CPSE Plus SDL 2025 70:30 Debt Index Fund (An open-ended Target Maturity Index Fund investing in constituents of CRISIL IBX 70:30 CPSE Plus SDL - April 2025. A moderate interest rate risk and relatively low credit risk) NFO Period: 10th to 20th January 2022 *Portfolio will consist of AAA rated Central Public Sector Undertakings & SOV-rated SDL securities. #Subject to debt taxation, please refer SID for more details

2. Product Labelling *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. (The product labelling assigned during the New Fund Offer is based on internal assessment of the Scheme Characteristics or model portfolio and the same may vary post NFO when actual investments are made) 2

3. Growth Pains - Omicron Concerns RBI sounds cautionary – Call to temporary Dovishness • Key Takeaway from the RBI Monetary policy • Growth Recovery Signs Visible, Private Investment Still Lags • Highlighting the need to spur private investment, the RBI governor cited flagging private investment in his reasoning for continued accommodation in monetary policy. The daily new COVID-19 case count has risen 6x over the last week Currently, a third of the total reported cases are due to the Omicron variant RBI slowing down its plan to normalize monetary policy to counter any headwinds from the fast evolving Covid 3rd wave Source: CEIC, HSBC, RBI Governor’s speech and monetary policy dated 8th December 2021,Axis MF Research. Data as of January 5th2022 3

4. Liquidity Trade Priced In Bulk of system liquidity getting absorbed near 4% levels due to VRRR • Current Repo rate stands at 3.35%. However, RBI has been setting VRRR cut offs closer to 4% in an attempt to normalize money market rates • Shadow absorption today accounts for over 75% of outstanding system liquidity. Hence system liquidity is a ‘Mirage’ • Money market rates have moved materially since Jan 2021 (First announcement of VRRR). This trade has largely played out. Banking Liquidity – Rs 8.30 lakh Cr Non bank liquidity - Rs 2.60 lakh Cr System Liquidity – Rs 10.90 lakh Cr Shadow Absorption 14/28 Days VRRR – Rs 6.5 lakh Cr Fine tuning operations – Rs 2 lakh Cr Net Liquidity – Rs 2.40 lakh Cr Source: Bloomberg, Axis MF Research. Data as of December 31st 2021 4

5. Liquidity absorption has led to repricing RBI Action has led to a significant retracement in the 3 Year space AAA PSU Bond Curve Source: Bloomberg, Axis MF Research. Data as of December 31st 2021 Past performance may or may not be sustained in future. 5

6. Playing The Opportunity through Quality About the Index – CRISIL IBX 70:30 CPSE Plus SDL – April 2025 Overview How is the Index Constructed • The index contains 2 components as on the base date of index • AAA rated CPSE’s component (70%): Top 7 CPSE issuers shall be selected, at the time of inception of the index, based on liquidity score of the securities maturing in the eligible period for CPSE. • SDL component (30%): Top 6 SDLs with a minimum O/s of Rs 1,000 Cr selected basis liquidity • CRISIL IBX 70:30 CPSE Plus SDL – April 2025is a portfolio of AAA rated bonds issued by CPSE’s and State Development Loans (SDLs) maturing between November 01, 2024 to April 30, 2025. • The index will be managed by CRISIL Indices Limited. Portfolio will consist of AAA/SOV rated securities at the time of investment. All Papers will mature on or before April 30th 2025 The index will be rebalanced every quarter Source: CRISIL Indices Axis CPSE Plus SDL 2025 70:30 Debt Index Fund will endeavour to replicate the performance of this index subject to tracking errors by replicating the allocation of bonds & SDL’s. For complete details on the index refer SID. 6

7. Current Index Constituents As of December 31th 2021 70% Allocation to AAA rated CPSEs 30% Allocation to SDLs • Madhya Pradesh Government • Gujarat Government • Rajasthan Government • Karnataka Government • West Bengal Government • Tamil Nadu Government • NABARD • REC Ltd • Indian Oil Corporation • Power Finance Corporation Ltd. • National Housing Bank • NTPC Ltd • Power Grid Corporation of India Source: CRISIL Indices Axis CPSE Plus SDL 2025 70:30 Debt Index Fundwill endeavour to replicate the performance of this index subject to tracking errors by replicating the allocation of bonds & SDL’s. Issuers mentioned above are for illustrative purposes only. This document should not be treated as a recommendation to trade in securities issued by the above mentioned issuers 7

8. Why a target maturity fund makes sense? 14

9. Introducing Target Maturity Index Funds An Ideal Solution for investors with a set Investment horizon • A target maturity Index fund is a portfolio designed to terminate at a pre-defined date. • The fund manager achieves this by buying securities with similar maturities as close to the defined maturity date and holds them to maturity. • As time passes, the fund may add/delete securities basis the methodology criteria • As the fund progresses the duration of the securities diminishes until the fund matures • The strategy aims to negate any duration risk for investors who remain invested through the life of the fund Axis CPSE Plus SDL 2025 70:30 Debt Index Fund is not a capital protection or guarantees returns scheme. Please refer to SID for detailed Investment Strategy and other scheme related features. 9

10. Building Your Debt Portfolio Target maturity products ideally suited to build core fixed income portfolio • Short bond strategies • Target maturity/Roll down strategy funds Core Allocation Fixed Income Buckets • Credit Oriented Funds • Long Duration Funds • Liquid/Money Market Funds • Low Duration Strategies Liquidity Satellite Allocation Suggested allocation is for illustrative purposes only. Investors must consult their financial advisors regarding portfolio allocation and suitability of funds depending on the risk profile of the investor. Should not be treated as an investment recommendation 10

11. Identifying which product is right for you? Selecting the right product is essential to meet your investment objectives * At Maturity #Bond liquidity may vary due to vagaries of debt markets Investors must consult their financial advisors/ tax advisors regarding portfolio allocation and suitability of funds depending on the risk profile of the investor. 11

12. Coupled with the Power of Indexation The fund will offer investors 4 indexations@during its lifetime. Data as on 31st December 2021. Past performance may or may not be sustained in the future.@ assuming investments are made before 31st March 2022 and held beyond April 1st 2025. $ Prevailing SBI 3 year fixed deposit rate as of used. *Tax Rate considered 30% exclusive of applicable surcharges & cess. ** Tax as per LTCG income tax provisions exclusive of applicable surcharges & cess. This computation is for resident individual investors. Cost inflation index assumed at 5%p.a. Fund related expenses ignore for this illustration. Investors are advised to consult their tax advisors for taxation related matters. To be used for illustrative purposes only. Actual tax implications may differ basis prevailing tax laws 12

13. To Summarize Why Invest in Axis CPSE Plus SDL 2025 70:30 Debt Index Fund? Opportunity 3 Year space has seen yields rise by over 100 bps since its low in December 2020. Yields attractive Core Allocation Ideal solution for investors looking to invest with a 3 year investment horizon Product mechanics Low cost hassle free solution for investors looking to build their core fixed income portfolio Simple & Easy Target Maturity, high quality portfolio with the benefit of indexation# # Investors are advised to consult their tax advisors for advice on taxation matters relating to your portfolio and suitability of the product 13

14. Axis CPSE Plus SDL 2025 70:30 Debt Index Fund Fund Snapshot Number of Issuers CPSE – 7 SDL – 6 Total – 13 Benchmark CRISIL IBX 70:30 CPSE Plus SDL – April 2025 Fund Manager Devang Shah & Kaustubh Sule Scheme Name Axis CPSE Plus SDL 2025 70:30 Debt Index Fund Minimum Investment Rs. 5,000 and in multiples of Re. 1/- thereafter Exit Load Nil Maturity Date 30th April 2025 Proposed expense ratio has been provided. The AMC may at its discretion amend the expense ratio of the fund from time to time. Please refer to the latest expense ratio available on www.axismf.com 14

15. Passive Investing With Axis MF 14

16. Passiveinvesting • Lowfrictioninvestment strategytrackingapre-specifiedbenchmark/index ascloselyaspossible Participates in the constituentsinthe same proportion asthe index Removestheriskof securityselection ETFs and Index Funds are popular vehiclestopassive investing Efficient low coststrategy Reliesonbroader marketwisdom Dataason31st December2021. 16

17. Passivestrategies:IndexfundsandETFs Exchange TradedFunds IndexFunds Passivefundstrackingan index Whatarethey? NAVbasedinvestment likeMutualFund Tradelikeastockonthe exchange Howtoinvest? FundTER(Direct/ Regularplan) FundTER+tradingcosts (brokerageetc.) Costofinvesting Brokerageaccount isrequired to tradeinETFs Notrequired BrokerageAccount Along with lumpsum, facilitiessuchasSIP,STP, SWPetc. areavailable MF special products availability Notavailable Source:AxisMFInternal Analysis.TER:TotalExpenseRatio,ETF:ExchangeTradedFund,SIP:SystematicInvestmentPlan, STP:SystematicTransferPlan,SWP:SystematicWithdrawalPlan. 17

18. Whyinvestinanindexfund? Becauseyouwanttoavoid… Becauseyou wanttohave… Lower expenses Activelymanaged portfolios Broad diversification Fundmanager valueaddition Uncertainty on potentialalpha Consistent style Market-linked returns Source:Axis MFInternalAnalysis. 18

19. Achievinginvestorobjectives withanIndexFund The index offers a well defined mix of AAA rated public sector entities across sectors and industries along with sovereign exposure by way of SDLs The fund is ideally suited for investors looking for tax efficient market linked returns over traditional fixed rate return products The index represents a defined set of CPSE issuers and SDLs issued by state governments Index Funds have relatively lower expenses than activelymanagedfunds. Diversification Lowerexpenses Marketlinked returns Consistentstyle Source:CRISILIndices,Axis MFResearch.Dataasof31st December2021. 19

20. Statutory Details and Risk Factors 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. Each CRISIL Index (including, for the avoidance of doubt, its values and constituents) published on the web site ( www.crisil.com ) or otherwise delivered to client by CRISIL Limited (hereinafter, “CRISIL”) is the sole property of CRISIL. By viewing, accessing and/or otherwise using CRISIL Indices or any related information (together, “Material”) the person doing so (“user”) acknowledges and accepts as follows: The user understands that the Material is provided by way of general information. CRISIL makes no representation or warranty that the Material is appropriate or available for use at any location(s) outside India. Any access to the Materials from territories where such contents are illegal, is prohibited. The user may not use or export the Material in violation of any export and other laws or regulation. Where a user accesses the Material from a location outside India, the user is responsible for compliance with (and, if any, violation of) all local laws. The provision of the Material is not intended to create an adviser, broker/dealer, or consultant-client relationship between CRISIL and the user. CRISIL neither endorses nor solicits any business in respect the trading, purchase or sale of any of the securities or instruments that may be featured in the CRISIL Index. Any use of the Material other than user’s own personal or individual non-commercial purpose, is subject to the user obtaining the prior written consent of (and payment of applicable charges to) CRISIL. Without limiting the foregoing, unless the user is specifically permitted by CRISIL in writing the user may not: (a) copy, transmit, combine with other information, recompile or redistribute any part of the Material in any manner; (b) commercially exploit any part of Material. Any unauthorized access and use of any part of the Material is illegal and may attract legal action as CRISIL may consider necessary. While CRISIL uses reasonable care in computing the CRISIL Indices and bases its calculation on data that it considers reliable, CRISIL makes no representations or warranties including that any CRISIL Index or other Material is error-free, complete, adequate, updated or fit for any particular purpose. Further, there may be errors in transmission of the information. The user takes the full responsibility for any use of CRISIL Indices. CRISIL does not accept any liability whatsoever (and expressly excludes all liability) arising from or relating to their use of any part of Material.” 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. 20

21. Thank You