﻿<?xml version="1.0" encoding="utf-8"?><SchemeSummaryDocument xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><SchemeSummary><Fund_Name>Axis Arbitrage Fund</Fund_Name><Option_Names_Regular__Direct>Direct Monthly IDCW, Direct Growth, Regular Monthly IDCW, Regular Growth</Option_Names_Regular__Direct><Fund_Type>An open ended scheme investing in arbitrage opportunities. No investment in InvITs is permitted.</Fund_Type><Riskometer_At_the_time_of_Launch>Low to Moderate</Riskometer_At_the_time_of_Launch><Riskometer_as_on_Date>Low</Riskometer_as_on_Date><Category_as_Per_SEBI_Categorization_Circular>To generate income through investments predominantly in low volatility absolute return strategies that take advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities available within the derivative segment, by using other derivative based strategies There is no assurance that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.</Category_as_Per_SEBI_Categorization_Circular><Potential_Risk_Class_as_on_date>-</Potential_Risk_Class_as_on_date><Description_Objective_of_the_scheme>To generate income through low volatility absolute return strategies that take advantage of opportunities in the cash and the derivative segments of the equity markets including the arbitrage opportunities available within the derivative segment, by using other derivative based strategies and by investing the balance in debt and money market instruments. 
However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.</Description_Objective_of_the_scheme><Stated_Asset_Allocation>Equities, equity related instruments (unhedged) - (0%-10%), Equities, equity related instruments and derivatives including index futures, stock futures, index options, &amp;amp; stock options, etc. as part of hedged / arbitrage exposure - (65%-90%), 
Debt and Money market instruments (including investments in securitized debt) - (10%-35%)</Stated_Asset_Allocation><Face_Value>10</Face_Value><NFO_Open_Date>25 Jul 2014</NFO_Open_Date><NFO_Close_date>08 Aug 2014</NFO_Close_date><Allotment_Date>14 Aug 2014</Allotment_Date><Reopen_Date>21 Aug 2014</Reopen_Date><Maturity_Date_For_closedend_funds>N/A</Maturity_Date_For_closedend_funds><Benchmark_Tier_1>Nifty 50 Arbitrage Index</Benchmark_Tier_1><Benchmark_Tier_2 /><Fund_Manager_Name>Mr. Devang Shah, Mr. Sachin Jain</Fund_Manager_Name><Fund_Manager_Type_PrimaryComanageDescription>Mr. Devang Shah - Comanage/Fixed Income, Mr. Sachin Jain - Comanage/Fixed Income</Fund_Manager_Type_PrimaryComanageDescription><Fund_Manager_From_Date>Mr. Devang Shah - 14th August 2014, Mr. Sachin Jain - 9th November 2021</Fund_Manager_From_Date><Annual_Expense_Stated_maximum>Regular 2.09, Direct 1.40</Annual_Expense_Stated_maximum><Exit_Load_if_applicable>If redeemed/switched out within 15 days from the date of investment/allotment: 0.25%. If redeemed/switched out after 15 days from the date of investment/allotment: Nil w.e.f. July 17, 2023</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>EA</RTA_Code_To_be_phased_out><Listing_Details>Unlisted</Listing_Details><ISINs>INF846K01PZ1, INF846K01QA2, INF846K01QC8, INF846K01QD6, INF846K01QB0, INF846K01QE4</ISINs><AMFI_Codes_To_be_phased_out>130773, 130774, 130771, 130776</AMFI_Codes_To_be_phased_out><SEBI_Codes>AXIS/O/H/ARB/14/05/0018</SEBI_Codes><Minimum_Application_Amount>500</Minimum_Application_Amount><Minimum_Application_Amount_in_multiples_of_Rs>1</Minimum_Application_Amount_in_multiples_of_Rs><Minimum_Additional_Amount>500</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>No.</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 Companies).</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>