Mutual Funds

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

• Axis Mutual Fund
• Birla Sunlife Mutual Fund
• DSP Black Rock Mutual Fund
• Franklin Templeton Mutual Fund
• HDFC Mutual Fund
• ICICI Prudential Mutual Fund
• IDFC Mutual Fund
• Kotak Mutual Fund
• L&T Mutual Fund
• Reliance Mutual Fund
• SBI Mutual Fund
• TATA Mutual Fund
• UTI Mutual Fund

Disclosure norm as per SEBI circular SEBI/IMD/CIR No. 4/168230/09 dated 30th June’2009

The Bank is offered commission for investments made with its ARN code. The brief commission slab is tabulated below. Details of scheme level commission on Mutual Funds are available with the Relationship Managers/Branch on demand.

* Special Incentive

^ Brokerages are subject to claw back

Note: Brokerages are applicable for H1 FY 2018-19. All Brokerages are subject to GST.

Axis Bank is a distributor of mutual funds. Axis Mutual Fund is one of the mutual fund houses whose products are distributed by Axis Bank wherein Axis Asset Management Company Limited is one of the companies under the common control of the Promoters Axis Limited.

Axis Bank could also get reimbursements towards promotion and marketing related activities conducted by Axis Bank on behalf of AMCs. These reimbursements are event based and the same may or may not be received from AMCs in a particular period. Further, since such activities may be carried out at AMC level, reimbursement amount received cannot be attributed to any specific scheme being offered by such AMC.

The commission receivable is also subject to claw back as per guidelines set by regulatory, interpreted and laid down by AMCs.

This is on a best effort basis and rates are updated as and when actual rates are received from AMCs.

Note :

• With effect from 1st November 2011, Axis Bank has "opted-in" for all Equity Oriented transaction and "opted out" for all Debt Oriented transaction for transaction charges, in compliance to SEBI circular no. Cir/ IMD/ DF/13/ 2011 dated August 22, 2011.
• Axis Bank acts a distributor of mutual funds wherein we distribute products of various mutual funds. 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 the 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.