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Home > Bharti AXA Fixed Maturity Plan - Series C - Plan 1

Bharti AXA Fixed Maturity Plan - Series C - Plan 1
A Close-ended Income Scheme

Bharti AXA Fixed Maturity Plan - Series C - Plan 1 seeks to generate income by investing in a portfolio of fixed income and money market instruments maturing on or before the maturity date of the respective Plan(s). This is a close-ended fixed term income Scheme maturing on April 20, 2011.

Why invest in Bharti AXA Fixed Maturity Plan - Series C - Plan 1?

Investors can avail of Double Indexation Benefits
The fund manager would align the maturity of the portfolio with the tenure of the FMP, thereby reducing interest rate risks
By investing in fixed income instruments that are of similar maturity of the FMP, the fund manager locks in a return at the prevailing market yield
The FMP endeavors to invest in papers of high credit quality, thereby reducing credit risk

Double Indexation benefits

Indexation benefit helps in lowering capital gains so the tax outflow is lower. In certain scenarios by staying invested for little more than a year and covering two financial years, the investor is able to get inflation indexation benefit for two financial years which further lowers the tax burden. Investors in Bharti AXA Fixed Maturity Plan - Series C - Plan 1 would be eligible to claim Double Indexation Benefits.

Illustration of Double Indexation benefits:

	Bank FD	FMP - Growth Option		FMP - Dividend Option
	Bank FD	With Double Indexation	Without Indexation	FMP - Dividend Option
Amount of Investment (Rs.)	Rs.10,000/-	Rs.10,000/-	Rs.10,000/-	Rs.10,000/-
Assumed Return (annualised)*	7.50%	7.50%	7.50%	7.50%
Tenor (in days)**	400	400	400	400
Maturity Amount (Rs)	10,822	10,822	10,822	10,000
Gross Dividend (Rs)	-	-	-	-
Gross Gain (Rs)	822	822	822	822
Indexed Cost (Rs)	NA	11,470	NIL	NIL
Indexed Long Term Capital Gain / (Loss) (Rs)	NA	-648	NA	NA
Tax Rate	30.90%	20.60%	10.30%	14.1625%
Tax (Rs)	254	Nil	85	102
Post Tax Gain (Rs)	568	822	737	720
Post Tax Annualised Return	5.18%	7.50%	6.73%	6.57%

* The Returns are assumed purely for illustration purposes only to explain the benefits of Double Indexation. The returns above should not be construed as indicative returns of the scheme. The Scheme is not providing any assured or guaranteed returns, neither forecasting any return.
# Please consult your tax consultant for tax implications specific to your situation. Highest tax slab has been considered.Tax rates are as per current law and can change from time to time
** Investment assumed for the period March 08 to April 09 thereby availing of Double Indexation benefits. Cost inflation Index (CII) for FY2007-08: 551; 2009-10: 632

Fund Details - Bharti AXA Fixed Maturity Plan - Series C - Plan 1

Fund Name: Bharti AXA Fixed Maturity Plan - Series C - Plan 1	Options: Growth Option Dividend Payout Option
Current Expense Ratio (Effective date - March 26, 2010) - 0.50%	Fund Manager: Ramesh Rachuri
Tentative Allotment date: March 25, 2010	Special Features: -
Maturity date: April 20, 2011	Modes of subscription: Subscription payments only through instruments of HDFC Bank Ltd. high value cheques and RTGS transfers will be accepted
Benchmark: CRISIL Short Term Bond Fund Index	Entry/Exit Loads: Nil
Min Application Amount: Rs 5000 and in multiples of Re.1 thereafter	Liquidity To be listed on the NSE

Statutory Details: Bharti AXA Mutual Fund has been set up as a Trust (under the Indian Trust Act, 1882) by AXA Investment Managers, Sponsor of the Fund. The Sponsor is not responsible for any loss resulting from the operations of the schemes beyond the contribution of an amount of Rs.1 lakh made by it towards setting up the Mutual Fund. Trustee: Bharti AXA Trustee Services Private Limited, a limited liability company. Investment Manager: Bharti AXA Investment Managers Private Limited, a limited liability company. Risk Factors: All mutual funds and securities investments are subject to market risks and there can be no assurance that the Scheme's objectives will be achieved and the NAV of the Plans under the Scheme may go up or down depending upon the factors and forces affecting the securities market. Past performance of the Sponsors and their affiliates / AMC / Mutual Fund and its Scheme(s) do not indicate the future performance of the Scheme(s) of the Mutual Fund. Investors in the Scheme are not being offered any guaranteed / assured returns. The name of the Scheme does not in any manner indicate either the quality of the Scheme, their future prospects or returns. Bharti AXA Fixed Maturity Plan - Series C - Plan 1 is a close ended income scheme. Investment Objective: The Scheme / Plan seeks to generate income by investing in a portfolio of fixed income and money market instruments maturing on or before the maturity date of the respective Plan. Copies of the Scheme Information Document / Key Information Memorandum / Statement of Additional Information can be obtained at any of our Investor Service Centers or on AMC Website www.bhartiaxa-im.com. Mutual Funds Investments are subject to market risks. Investors are requested to read the Scheme Information Document / Statement of Additional Information / Addenda carefully before investing.

© Copyright Bharti AXA Investment Managers Private Limited, 2010. All rights reserved. Bharti AXA Investment Managers Private Limited, 51,
East wing, Kalpataru Synergy, Vakola, Santacruz (E), Mumbai - 400 055, E-mail: service@bhartiaxa-im.com

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