AXIS FIXED TERM PLAN -
SERIES 112 (1143 DAYS)
(A Close ended debt scheme; A Relatively High Interest
Rate Risk and Relatively Low Credit Risk)
What are STRIPS?
• STRIPS are debt instruments created by way of isolating the cash flow associated with a regular G-Sec
• Lets investors hold and trade the individual interest and principal components of Government Bonds as separate securities
• Each STRIP is effectively a zero coupon bond created out of existing securities only and are not issued through auction
• All fixed income securities issued by GOI which are eligible investment for SLR and are transferable securities are eligible for
stripping
How does a STRIP work?
Coupon
Strip
Principal
Strip
1
COUPON
BEARING
BOND
8
ZERO
COUPON
BONDS
Bond Bond Maturity FV of Strip
Date Bond Type
Assume a Bond
with FV of
` 100 & 7% coupon
semi- annualized
maturing on
16th Apr 2026
Bond 1
Bond 2
Bond 3
Bond 4
Bond 5
Bond 6
Bond 7
Bond 8
16/04/2023
16/10/2023
16/04/2024
16/10/2024
16/04/2025
16/10/2025
16/04/2026
16/04/2026
3.5
3.5
3.5
3.5
3.5
3.5
3.5
100
STRIPPED
TO
Illustration
For illustration purpose only and should not be used for development or implementation of an investment strategy. It should not be construed as investment advice to any party.
Past performance may or may not be sustained in future.
Key Features of STRIPS
Negligible Credit Risk – Govt Bond STRIPS invest
in Government Securities and have SOV rating;
thereby carry negligible credit risk
Limited Reinvestment Risk – As Govt. Bonds
STRIPS are effectively Zero-Coupon Bond Govt
Securities, they do not receive coupon payment
during its tenure; effectively eliminating
re-investment risk
Axis Fixed Term Plan Series 112 (1143 Days)
A Fixed Term Plan (FTP) is a fixed tenure mutual fund scheme, that invests its corpus in debt instruments maturing in line with the tenure of
the scheme, which may vary between a few months to a few years. As such, the tenure of Axis Fixed Term Plan Series 112 is 1143 days from
the date of allotment (including the date of allotment). Axis Fixed Term Plan Series 112 (1143 Days) endeavors to invest into Govt. Bond
STRIPS, which is an acronym for ‘Separate Trading of Registered Interest and Principal Securities’.
(For detailed investment strategy & asset allocation of the fund, please refer SID).
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
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 Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the schemes.
AXIS FIXED TERM PLAN - SERIES 112 (1143 DAYS)
(A Close ended debt scheme; A Relatively High Interest Rate Risk and Relatively
Low Credit Risk)
Benchmark: CRISIL Medium Term Debt Index
#
This product is suitable for investors who are seeking :
• Optimal returns over 1143 Days
• Investment in debt, money market instruments maturing on or before the
maturity of the scheme
#
Investors should consult their financial advisers if in doubt about whether the
product is suitable for them.
Fund
Benchmark
High
Moderately
High
Moderate
Low to
Moderate
Low
Very High
RISKOMETER
Investors understand that their principal
will be at moderate risk
CRISIL Medium Term Debt Index
BENCHMARK RISKOMETER
High
Moderately
High
Moderate
Low to
Moderate
Low
Very High
A-III
Potential Risk Matrix
(PRC)
Potential Risk Class
(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)
The fund will offer investors 4 indexations during its lifetime
Illustration
Traditional Savings Scheme Debt Index Fund
Investment Amount (in `) 100,000 100,000
Assumed YTM 7.45% 7.45%
Investment (in Yrs) 3.13 3.13
Value @ End of Investment Period ` 125,210 ` 125,210
Total Income ` 25,210 ` 25,210
CII (FY 2022 - 23) ` 331
CII (FY 2026 - 27) ` 418
Indexed Cost ` 126,284
Net Income post Indexation ` -1,074
Tax Slab 30% 20%
Tax on Interest Income ` 7,563 0
Post Tax Income ` 17,647 ` 25,210
Extra Income Post Tax ` 7,563
Post Tax Income Per annum 5.33% 7.45%
Fund Facts
Scheme Name
Axis Fixed Term Plan - Series 112 (1143 Days)
Minimum Investment
` 5,000 and in multiples of ` 1/- thereafter
Exit Load
Nil
Benchmark
CRISIL Medium Term Debt Index
Maturity Date
16th April 2026*
Fund Manager
Hardik Shah & Sachin Jain
*In case the mentioned maturity date falls on a Non-Business Day, the immediate next Business Day will be considered. Investors are requested to kindly refer Scheme
Information Document uploaded on the website link for Asset Allocation and Investment Strategy of the Scheme.www.axismf.com
The above calculations are only for illustration purposes. The information given on Investment and rate of return are for the purpose on explaining the illustration only. These are
not to be considered for investment advice or guarantee of returns. Investors are advised to consult their Investment/ tax advisors. Data as on 31st January 2023. Past
performance may or may not be sustained in the future. @ assuming investments are made before 31st March 2023 and held beyond April 1st 2026. *Tax Rate considered 30%
exclusive of applicable surcharges & cess. ** Tax as per LTCG (Long Term Capital Gains) income tax provisions exclusive of applicable surcharges & cess. This computation is for
resident individual investors. Cost inflation index assumed at 6% p.a. Fund-related expenses ignored for this illustration.
