Mutual Fund Disclosures and T&C

Axis Bank is partnered with the following AMCs to provide their schemes to all our customers.

• Axis Mutual Fund
• Aditya Birla Sun Life Mutual Fund
• DSP Mutual Fund
• Franklin Templeton Mutual Fund
• HDFC Mutual Fund
• ICICI Prudential Mutual Fund
• IDFC Mutual Fund
• Invesco Mutual Fund
• Kotak Mutual Fund
• L&T Mutual Fund
• Nippon India Mutual Fund
• SBI Mutual Fund
• TATA Mutual Fund
• UTI Mutual Fund

If you are an existing Axis Bank customer and haven’t opened an Investment Services Account yet, Download Forms to register.

The Bank is offered commissions for investments made under its own ARN code. The commission receivable is also subject to claw back as per the guidelines set by regulator, interpreted and laid down by AMCs.

In accordance with the SEBI circular : SEBI/IMD/CIR No. 4/ 168230/09 and RBI guidelines on Marketing/Distribution of Mutual Funds following are the details of the comparative commission earned by the Bank from various fund-houses, whose products are being distributed.

With effect from 1st November 2011, Axis Bank has “opted in” for all Equity oriented schemes and “opted out” for all Debt Oriented transactions for transaction charges, in compliance with SEBI circular no. Cir/IMD/DF/13/2011 dated August 22, 2011.

Axis Bank acts as a distributor of mutual funds wherein we distribute products of various mutual fund houses. Axis Mutual Fund is one of the mutual fund houses whose products are distributed by the Bank. Axis Mutual Fund has been established as a trust under Indian Trusts Act, 1882, sponsored by Axis Bank Ltd.. Axis Bank is not liable or responsible for any loss or shortfall resulting from the operations of various schemes.