(An open-ended retirement solution or iented schemehaving a lock- in of 5 years or til l retirement age(whichever is ear l ier) )

RETIREMENT SAVINGS FUND

Presenting

NFO Period: 29 th Nov - 13 th Dec 2019

What does retirement mean to you?Happy, Healthy & Wealthy

19, F

Having enough money to do the things I want – travel, start a new career, etc.

58, F

To stay healthy and do what I feel like without worrying about money.

35, F

To be able to shop without checking the price tag.

25, M

To be financially free and healthy to enjoy the wealth.

56, M

To do what I want (travel) instead of what I am supposed to do.

41, M

To be the master ofmy own time.

Source: Axis MF Internal Research 1

What are the typical retirement fears?48% people worldwide are scared that their corpus will not suffice

Source: Transamerica Centre – Retirement Studies. Data as on Dec 2018.

Declininghealth

Difficulty to meetbasic financial needs

Feeling isolated anddependent

Being laid offabruptly

Financial compromises

2

Life expectancy is increasingWhile people want to retire earlier

Source: UN World Population Prospects 2019, World Bank. Data as on 31st Mar 2019.

The 80+ population has nearly tripled globally over the past 30 years and stands at 143 million in 2019.

It is expected to further triple to 426 million by 2050 and double to 881 million by 2100.

40

45

50

55

60

65

70

75

1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015

Life expectancy at birth (years)

India World

3

Typical challenges are here to stayManage one’s income in working years for comfortable non-working years

18-29 yrsYoung Age

30-59 yrsMiddle Age

60+ yrsOld Age

Post RetirementSustenance

Emergency MedicalExpense

Wedding

Children’sWedding

Children’sEducation

Education

Savings

4

5

You will retire, but inflation won’t!

Savings is not investing

Assuming inflation at 5%,

`1 lakh saved today will be worth only `61,391 after 10 years.

What you can buy today for `1 lakh will cost `1.63 lakhs 10 years later.

Savings does not grow money.Investing does.

Above figures and assumptions are strictly for illustration purpose.

Cost of living is rising rapidly

Source: Axis MF Internal Research, data.gov.in. Data as on 31st Dec 2018.

Are you ready for it?

Movie ticket prices have

increased 5-10xin last 20 years

Petrol/Diesel prices have

increased 2-3xin 15 years

6

Milkprices have

doubled over the last 5 years

Riceprices have tripled

in last 15 years

Maintaining health has become an expensive affair

Source: ibef.org. Data as on 30th Sep 2019

2.42.8 2.9 2.9

3.6

4.1

4.8

5.9

3.5

FY 11 Fy 12 FY 13 FY 14 FY 15 FY 16 FY 17 FY 18 FY 19*

Health InsurancePremium Collection ($ bn)

63 million people fall into poverty each year due to lack of financial protection for medical needs

50% of beneficiaries travel more than 100 kms to access quality care

7

Deciding retirement corpus is criticalInflation will impact monthly expenses

The earlier you plan to retire, the bigger the size of corpus required

Risk appetite reduces as you near the retirement age

Staying financially disciplined post retirement gives more predictability

0.00

1.00

2.00

3.00

4.00

5.00

6.00

0 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30 32 34 36 38 40 42 44 46 48 50 52 54

Retir

emen

t cor

pus

(Rs

crs)

Years

If you were to retire today

Corpus @ `1crs Corpus @ `1.5 crs Corpus @ `2 crs

Above figures and assumptions are strictly for illustration purpose and does not indicate any future returns. Assumptions: If you were to retire today with a set corpus, Monthly expense: `50,000 (increasing at an inflation rate of 5%) Retirement Corpus growing at 7% interest rate.The effect of taxation is not considered. 8

`1cr corpus willserve for 20 years

`1.5 crs corpus will serve for 34 years

`2 crs corpus will serve for 54 years

So, how prepared are you for retirement?Key things to consider:

Find the right investment product(s)

Map your investment goals

Stay disciplined

Don’t attempt to time the market

Adjust your risk appetite with age

PRE-RETIREMENT POST-RETIREMENT

Be aware of your risk appetite

Decide a reasonable withdrawal rate

Stay disciplined

Adjust the withdrawal rate based on investment return/real rate

9

YOU’LL LIVE LONGER THAN YOU THINK.WILL YOUR MONEY LAST AS LONG?

In India, modern medicine has increased life expectancy by 47% over the last 50 years*. Have you planned your future accordingly? (An open-ended retirement solution or iented scheme having

a lock- in of 5 years or til l retirement age (whichever is ear l ier) )

RETIREMENT SAVINGS FUND

Presenting

*Source: United Nations Population Fund Report dated April 2019 10

Product ConstructThe fund aims to help investors with their retirement planning

Aggressive Plan

Dynamic Plan

Conservative Plan

Ideal for young investorsin the early stages of their careers

Ideal for 35-45 year old investorswith financial responsibilities

Ideal for investors about toenter their retirement years

11

Product Construct

Default retirement age: 58 years. Please refer to SID for detailed investment strategy and asset allocation* Other asset classes include Debt & Money Market Instruments, Gold ETF and REITs & InvITs.

Aggressive Plan Dynamic Plan Conservative Plan

Equity exposure65-80%.

Rest spread across other asset classes*

Equity exposure 65-100, will be through a

combination of Hedged & Unhedged equity. Rest

spread across other asset classes*

40-80% debt exposure inhigh quality

debt instruments, 20-40% in

Equity exposure.

12

13

Equity Investment Approach

Focus on fast growing sectors with bottom-up stock picking approach

Risk return tradeoff is likely to be favourable over the medium term

Good ideas can do better irrespective of their sector/theme/size

*Investment focus is based on current market outlook and is subject to fund manager discretion. Investors are advised to refer SID for investment strategy of the scheme

14

Debt Investment Approach

*Investment focus is based on current market outlook and is subject to fund manager discretion. Investors are advised to refer SID for investment strategy of the scheme

Active duration management

The portfolio duration and credit exposures will be decided based on thorough research

Flexibility to invest in the entire range of debt instruments across credit/duration spectrum

Apply disciplined approach to investing

Past performance may or may not be sustained in future. Source of data: Bloomberg. SIP calculation are done based on monthly SIP (last day of the month). The returns are in XIRR. XIRR calculates the internal rate of return for series of cash flows. Above chart/figures/data is for illustration purpose and does not indicate performance of any scheme. Data as on 31st Mar 2019. Data calculated based on S&P BSE Sensex Index; Source: Bloomberg. Above chart/data is for illustration purpose and does not indicate performance of any scheme. In the above chart, missed ‘n’ best days refers to not staying invested to capture ‘n’ best daily gains in the period from Jan 1980 to Mar 2018. Eg: Missed 10 days means Assuming daily return for the best 10 days (as per daily gains) as 0%. Data as on 31st Mar 2019. Data calculated based on S&P BSE Sensex Index.

Trying to pick the top or bottom of markets is notoriously difficult

12.8%14.0% 13.5%

Return (XIRR)

Invested `1,000 on market high of every year

Invested `1,000 on market low of every year

Invested `1,000 on any random date of every year

(In this case, 1st Dec)

Regular investing helps ensure you don’t miss out on the best gains

15.9%

12.9%

9.0%

4.6%

0.9%

Fully invested Missed 10 bestdays

Missed 30 bestdays

Missed 60 bestdays

Missed 90 bestdays

Illustration(Last 39 years in Sensex)

15

A small delay can cost moreStart EarlyAnd benefit from the Power of Compounding

Past performance may or may not be sustained in future. Source of data: Bloomberg. SIP calculation are done based on monthly SIP (last day of the month). The returns are in XIRR. XIRR calculates the internal rate of return for series of cash flows Above chart/figures/data is for illustration purpose and does not indicate performance of any scheme. Data as on 31st Mar 2019. Data calculated based on S&P BSE Sensex Index.

`1.7 crs

`1.1 crs

0.00

20.00

40.00

60.00

80.00

100.00

120.00

140.00

160.00

180.00

200.00

Year0

Year1

Year2

Year3

Year4

Year5

Year6

Year7

Year8

Year9

Year10

Year11

Year12

Year13

Year14

Year15

Year16

Year17

Year18

Year19

Year20

Year21

Year22

Year23

Year24

Year25

SIP In S&P BSE Sensex for last 20 & 25 years

Investor A Investor B

Illustration:Monthly SIP of `10,000

Investor A: Investing since 25 yearsInvestor B: Investing since 20 years

Cost ofdelay:`66lacs

16

17

SECURE YOUR INVESTMENT GOALS,NO MATTER WHAT.

The Axis Retirement Savings Fundcomes with the exclusive provisionof iPlus SIP.(An open-ended retirement solution oriented scheme havinga lock-in of 5 years or till retirement age (whichever is earlier))

18

Complimentary insurance cover for long term SIPs*

In an unfortunate event of the demise of the investor, the

insurance cover will take care of unpaid instalments of SIP

committed bythe investor

iPlus SIP is a special feature that provides

investors withcomplimentary insurance cover

on long term SIPs

We ensure that the investor’s

planned investments

are taken care of

19

`8.4L

INVESTMENTGOAL OF

`12L`10,000/month x 10 yrs

Mr Kumar's demise post Year 3

(120-36 months) x `10,000

A SIMPLE EXPLANATION

Mr Kumar starts a ʻiPlus SIPʼ for `10,000/- per month for 10 years.The life insurance aims to cover the residual component of his goaland gets activated after 12 successful instalments.

After 12 SIP instalments, Mr. Kumar becomes eligible forinsurance benefit equal to remaining SIP instalments.For every SIP instalment paid, the insurance coverage falls by themonthly SIP amount.

In the case of Mr Kumar's unfortunate demise after 3 years, Insurance company will pay `8,40,000 to the registered nominee.

`10,000 x 108 months

Insurance

`3.6L

Investment

`10.8L

`

GOALACHIEVED

GOALACHIEVED

Insurance

Some of the key Terms & Conditions are: 1) Only the first unit holder will be eligible for the insurance cover. 2) Nominee will not have any claim if the death of investor occurs before 12 payments of SIP are completed 3) The insurance cover does not cover market related losses incurred on investment amount.*Please refer to SID of the scheme for detailed terms and conditions on iPlus SIP facility.The AMC is offering insurance cover to the investors under iPlus SIP as an additional Opt in facility in the interest of investor and is not acting as an insurance agent for marketing/sales of insurance policies. AMC is not intending/nor soliciting sale of any insurance services/products. The discretion to obtain the Facility rests with the investor at the time of SIP application. AMC/Trustee reserves the right to change/modify the terms & conditions.

Let Axis lend you a helping hand with insurance cover

• Resident individual investors aged above 18 years and not more than 51 years at the time of submission of SIP application.

• Minimum tenure of SIP is 3 years at a monthly frequency.

• Minimum SIP amount of `1,000 per instalment

• Insurance will commence upon investment of 12 successful SIP instalments. The insurance cover will be limited to the extent of the residual instalments of the SIP upto the ageof 55 years subject to a maximumof `50 lakhs.

• Insurance cover lapses immediately upon reaching 55 years of age or if the investor misses 3 continuous SIP payments, whichever is earlier.

• Partial or full redemption/switch-out of units purchased under Axis iPlus SIP before completion of the mandated SIP tenure/instalments.

Eligibility Commencement ofInsurance Cover Termination of Cover

20

Key features of the fund

Points Description

Scheme Position

Fund Structure

Lock In

Minimum Application Amount

Exit Load

iPlus SIP

Solution Oriented Product aimed at investing for one’s retirement

Open-ended fund with 3 Plans: Aggressive, Dynamic & Conservative

5 years from the date of allotment of units of the investment plan(s) under the scheme ortill retirement age of unit holder (i.e. completion of 58 years), whichever is earlier

First Application: `5,000 and in multiples of `1 thereafter. Additional Investment: `1,000 and in multiples of `1 thereafter.

Optionally available

Nil

21

Product Label & Riskometer

Statutory Details and Risk Factors

Axis Retirement Savings Fund - Aggressive PlanThis product is suitable for investors who are seeking*:• Capital appreciation over long term• Investments primarily in equity and equity related instruments

Axis Retirement Savings Fund - Dynamic PlanThis product is suitable for investors who are seeking*:• Capital appreciation and income generation over long term• Investment in equity and equity related instruments as well as debt and money market instruments while managing risk through active asset allocation.

Axis Retirement Savings Fund - Conservative PlanThis product is suitable for investors who are seeking*:• Capital appreciation and income generation over long term• Investments in debt and money market instruments as well as equity and equity related instruments

Investors understand that their principal will beat moderately high risk

LOW HIGH

Moderate ModeratelyHighModera

tely

Low

Hig

hLow

Riskometer

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

22

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 `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.

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.

THANK YOU!