Dear Investor, What if we told you that your investment could not only help you save tax but also help build wealth? With the Axis Long Term Equity Fund, you get the dual advantage of saving taxes and building wealth. So, what is an ELSS fund? ELSS funds are equity funds that invest in equity or equity-related instruments. They are also called tax saving funds since they offer tax exemption of up to Rs. 1.5 lakhs under Section 80C of the Income Tax Act. WHY AXIS LONG TERM EQUITY FUND? Wealth creation + Tax savings Being an ELSS scheme, Axis Long Term Equity Fund has a dual advantage. It helps you save tax. It also helps you with wealth creation. Low lock-in period This fund has a 3-year lock-in which is one of the lowest amongst other tax saving instruments. Diversification Axis Long Term Equity Fund is a diversified equity-linked saving scheme that invests in a mix of large caps and select mid-caps, thereby helping you diversify your investment portfolio. So, if you are looking for investments that will help you with tax savings and your long-term goals, then Axis Long Term Equity Fund could be the right choice for you. Available on *ELSS Investments are subject to a 3-year lock-in. #As per the present tax laws, eligible investors (individual/HUF) are entitled to deduction from their gross income of the amount invested in Equity Linked Saving Scheme (ELSS) up to Rs.1.5 lakhs (along with other prescribed investments) under section 80C of the Income Tax Act, 1961. Tax savings of Rs. 46,800 mentioned above is calculated for the highest income tax slab. Finance Act, 2020 has announced a new tax regime giving taxpayers an option to pay taxes at a concessional rate (new slab rates) from FY 2020-21 onwards. Any individual/ HUF opting to be taxed under the new tax regime from FY 2020-21 onwards will have to give up certain exemptions and deductions. Since, individuals/ HUF opting for the new tax regime are not eligible for Chapter VI-A deductions, the investment in ELSS Funds cannot be claimed as deduction from the total income. Investors are advised to consult his/her own Tax Consultant with respect to the specific amount of tax and other implications arising out of his/her participation in ELSS"   AXIS LONG TERM EQUITY FUND (An open-ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit) This product is suitable for investors who are seeking#:*: • Capital appreciation & generating income over long term. • Investment in a diversified portfolio predominantly consisting of equity and equity related instruments. #Investors should consult their financial advisers if in doubt about whether the product is suitable for them.   Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability restricted to Rs. 1 Lakh). Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. (the AMC). Risk Factors: Axis Bank Limited is not liable or responsible for any loss or shortfall resulting from the operation of the scheme. Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.