﻿<?xml version="1.0" encoding="utf-8"?><SchemeSummaryDocument xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><SchemeSummary><Fund_Name>Axis Silver Fund of Fund</Fund_Name><Option_Names_Regular__Direct>Direct IDCW
Direct Growth
Regular IDCW
Regular Growth</Option_Names_Regular__Direct><Fund_Type>Open ended</Fund_Type><Riskometer_At_the_time_of_Launch>Moderately high</Riskometer_At_the_time_of_Launch><Riskometer_as_on_Date>Very High</Riskometer_as_on_Date><Category_as_Per_SEBI_Categorization_Circular>FOFs (Domestic)</Category_as_Per_SEBI_Categorization_Circular><Potential_Risk_Class_as_on_date>-</Potential_Risk_Class_as_on_date><Description_Objective_of_the_scheme>To track returns generated by Axis Silver ETF. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.</Description_Objective_of_the_scheme><Stated_Asset_Allocation>Units of Axis Silver ETF - (95%-100%),
Debt &amp;amp; Money Market Instruments - (0%-5%)</Stated_Asset_Allocation><Face_Value>10</Face_Value><NFO_Open_Date>02 Sep 2022</NFO_Open_Date><NFO_Close_date>16 Sep 2022</NFO_Close_date><Allotment_Date>21 Sep 2022</Allotment_Date><Reopen_Date>27 Sep 2022</Reopen_Date><Maturity_Date_For_closedend_funds>N/A</Maturity_Date_For_closedend_funds><Benchmark_Tier_1>Domestic price of physical silver</Benchmark_Tier_1><Benchmark_Tier_2>-</Benchmark_Tier_2><Fund_Manager_Name>Mr. Aditya Pagaria , Mr. Pratik Tibrewal</Fund_Manager_Name><Fund_Manager_Type_PrimaryComanageDescription>Mr. Aditya Pagaria - Comanage/Fixed Income, Mr. Pratik Tibrewal - Comanage/Commodities</Fund_Manager_Type_PrimaryComanageDescription><Fund_Manager_From_Date>21st September 2022 , 1st February 2025</Fund_Manager_From_Date><Annual_Expense_Stated_maximum>Regular 0.65, Direct 0.14</Annual_Expense_Stated_maximum><Exit_Load_if_applicable>* If redeemed / switched-out within 7 Days from the date of allotment - 0.25%;
*If redeemed / switched-out after 7 days of allotment – Nil</Exit_Load_if_applicable><Custodian>DEUTSCHE BANK AG</Custodian><Auditor>B S R &amp;amp; Co. LLP</Auditor><Registrar>Kfintech Ltd</Registrar><RTA_Code_To_be_phased_out>SV</RTA_Code_To_be_phased_out><Listing_Details>Unlisted</Listing_Details><ISINs>INF846K018J8 | INF846K019J6 | INF846K015J4 | INF846K016J2 |INF846K010K3 | INF846K017J0</ISINs><AMFI_Codes_To_be_phased_out>150617 | 150618 | 150615 | 150616</AMFI_Codes_To_be_phased_out><SEBI_Codes>149</SEBI_Codes><Minimum_Application_Amount>5000</Minimum_Application_Amount><Minimum_Application_Amount_in_multiples_of_Rs>1</Minimum_Application_Amount_in_multiples_of_Rs><Minimum_Additional_Amount>1000</Minimum_Additional_Amount><Minimum_Additional_Amount_in_multiples_of_Rs>1</Minimum_Additional_Amount_in_multiples_of_Rs><Minimum_Redemption_Amount_in_Rs>N/A</Minimum_Redemption_Amount_in_Rs><Minimum_Redemption_Amount_in_Units>N/A</Minimum_Redemption_Amount_in_Units><Minimum_Balance_Amount_if_applicable>N/A</Minimum_Balance_Amount_if_applicable><Minimum_Balance_Amount_in_Units_if_applicable>N/A</Minimum_Balance_Amount_in_Units_if_applicable><Max_Investment_Amount>N/A</Max_Investment_Amount><Minimum_Switch_Amount_if_applicable>N/A</Minimum_Switch_Amount_if_applicable><Minimum_Switch_Units>N/A</Minimum_Switch_Units><Switch_Multiple_Amount_if_applicable>N/A</Switch_Multiple_Amount_if_applicable><Switch_Multiple_Units_if_applicable>N/A</Switch_Multiple_Units_if_applicable><Max_Switch_Amount>N/A</Max_Switch_Amount><Max_Switch_Units_if_applicable>N/A</Max_Switch_Units_if_applicable><Swing_Pricing_if_applicable>No</Swing_Pricing_if_applicable><Sidepocketing_if_applicable>Yes.</Sidepocketing_if_applicable><SIP_SWP__STP_Details_Frequency>SIP - Daily / Weekly / Monthly / Yearly, Choti SIP - Monthly ;  SWP - Weekly / Monthly /  Quarterly / Halfyearly / Yearly STP - Daily / Weekly / Fortnightly / Monthly / Quarterly</SIP_SWP__STP_Details_Frequency><SIP_SWP__STP_Details_Minimum_amount>SIP Daily, Weekly - 100, Monthly 100.00, SIP Yearly - 12000.00 SWP - 1000 STP - Daily, Weekly, Fortnightly, Monthly - 1000 and Quarterly 3000.00 .  Choti SIP - Maximum one SIP under the facility of exactly equal to Rs. 250/- is allowed. The facility is restricted to three SIP’s across all Mutual Funds (one each in upto three Asset Management</SIP_SWP__STP_Details_Minimum_amount><SIP_SWP__STP_Details_In_multiple_of>1</SIP_SWP__STP_Details_In_multiple_of><SIP_SWP__STP_Details_Minimum_Instalments>SIP Daily -6, Weekly - 6, Monthly - 6 SIP - Yearly - 3, Choti SIP - 60 installments at the time of registration ( If the tenure is below or above 5 years then SIP will be considered as Normal SIP. However, if investor desires to stop or withdraw the SIP investment prematurely, there is no restriction);  SWP - Weekly - 5, Monthly - 6, Quarterly - 4, Halfyearly - 4, Yearly - 2 STP - Daily -6, Weekly - 6, Fortnightly -6, Monthly - 6, Quarterly -2.</SIP_SWP__STP_Details_Minimum_Instalments><SIP_SWP__STP_Details_Dates>SIP - Except 29,30 and 31 all dates SWP - Any Business Day, STP -  Daily, Weekly all days, Fortnightly - alternate Wednesday, Monthly and Quarterly 1,7,10,15 and 25</SIP_SWP__STP_Details_Dates><SIP_SWP__STP_Details_Maximum_Amount_if_any>N/A</SIP_SWP__STP_Details_Maximum_Amount_if_any></SchemeSummary></SchemeSummaryDocument>