AXIS SPECIAL SITUATIONS FUND

(An open ended equity scheme following special situations theme)
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JUNE 2023
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To generate long-term capital appreciations by investing in mis-priced stocks facing special situations. The mis-pricing of stocks can occur due to companies facing special situations like regulatory/policy changes, management restructuring, technology led disruption and innovation or any temporary challenges in the operating environment. However, there can be no assurance that the investment objective of the Scheme will be achieved.

DATE OF ALLOTMENT 24th December 2020
MONTHLY AVERAGE1,378.76Cr.
AS ON 30th June, 20231,371.21Cr.
BENCHMARK Nifty 500 TRI
PORTFOLIO TURNOVER (1 YEAR) 0.21 times
Source ACEMF: *Based on equity, equity derivatives and Fixed Income Securities transactions only. TREPS/ Repo/ FD/ Margin FD/MFU/ SLB are not considered. ^Based on equity and equity derivatives transactions only. TREPs/REPO/FD/Margin FD/MFU/SLB/fixed income securities are not considered.
FUND MANAGER
Mr. Ashish Naik Work experience: 15 years.He has been managing this fund since 24th December 2020
Mr. Vinayak Jayanath
(for foreign securities) 		Work experience: 7 years.He has been managing this fund since 17th January 2023

Past performance may or may not be sustained in future.Different plans have different expense structure. Ashish Naik is managing the scheme since 24th December 2020 and he manages 14 schemes of Axis Mutual Fund & Vinayak Jayanath is managing the scheme since 17th January 2023 and he manages 17 schemes of Axis Mutual Fund . Please refer to annexure for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). Face Value per unit : ₹ 10.


Entry Load : NA
Exit Load : If redeemed / switched-out within 12 months, For 10% of investment: Nil, For remaining investment: 1%



Note : Industry classification is done as per Global Industry Classification Standard (GICS) by MSCI and Standard & Poor's for Foreign Equity
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