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June 28, 2026 The Manager Listing Department Dppt. Of Corporate Services National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5 Floor, Plot C/1, G Block Phirozee Jeejeebhoy Tower, Dalal Street Bandra – Kurla Complex, Bandra(E), Mumbai 400 001 Mumbai 400 051 BSE Scrip Code: 532395 NSE Symbol: AXISCADES Dear Sir/Madam, Sub: Newspaper Advertisement – Disclosure under Regulations 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Pursuant to provisions of Regulation 47 of the Listing Regulations, we hereby enclose copies of the notice of Postal Ballot published today, in the following newspapers: 1. Business Line – All Editions (English) 2. Vishwavani – Kannada Edition We request you to kindly take the above on record in compliance with the aforesaid provisions of the Listing Regulations. Yours faithfully, For AXISCADES Technologies Limited Sonal Dudani Company Secretary & Compliance Officer Encl: A/a AXISCADES Technologies Limited (formerly AXISCADES Engineering Technologies Limited) CIN No.: L72200KA1990PLC084435 Reg. Office: Block C, Second Floor, Kirloskar Business Park, Bengaluru -560024, Karnataka, INDIA Ph: +91 80 4193 9000 | Fax: +91 80 4193 9099 | Email: info@axiscades.com | www.axiscades.com BENGALURU Safe Investing businessline. portfolio 11 SUNDAY-JUNE28-2026 Glide path funds Dhuraivel Gunasekaran Bank FD interest rates (%) bl. research bureau 1 to 2 2 to 3 3 to 5 Bank <1 year w.e.f India’s mutual fund industry has a take shape years years years new version of target-date invest- FOREIGN BANKS ing. In February 2026, SEBI intro- DBS Bank 6 6.85 6.4 6.4 May 06 duced Life Cycle Funds (LCFs), Deutsche Bank 5 7 6.25 6.25 Jul 25 replacing the earlier retirement and children’s solution-oriented HSBC 4.1 5.5 5.35 5.5 Jul 17 schemes. The category has started Standard Chartered 5.75 6.6 6.5 6.5 Aug 29 moving, with Zerodha Mutual INDIAN: PUBLIC SECTOR BANKS Fund launching the first LCF Bank of Maharashtra 5.25 6.65 5.25 5 Jun 18 NFOs and ICICI Prudential Mu- tual Fund filing draft documents Bank of Baroda 6 6.6 6.5 6.4 Jun 12 for three schemes. Bank of India 5.5 6.6 6.7 6.25 May 18 But are LCFs a genuine innova- Canara Bank 5.5 6.6 6.25 6.25 Mar 17 tion for goal-based investing, or just another mutual fund cat- Central Bank of India 6.5 6.7 6.25 6 Jun 10 egory? Here is a closer look. Indian Bank 4.75 6.8 6.75 6.05 Jun 05 Indian Overseas Bank 5.5 6.6 6.4 6.1 May 15 ASSET REBALANCING Punjab National Bank 5.6 6.6 6.35 6.35 Jun 01 LCFs are open-ended mutual fund schemes with a predefined Punjab & Sind Bank 4.85 6.85 6.1 5.95 Jun 16 target maturity year. AMCs can State Bank of India 5.9 6.45 6.4 6.3 Dec 15 launch schemes maturing in 5, 10, UCO Bank 5 6.45 6.1 6 Apr 01 15, 20, 25 and 30 years, with a max- imum of six active schemes open Union Bank 5.6 6.65 6.1 6 Jun 01 for subscription at any point. Each INDIAN: PRIVATE SECTOR BANKS FOR LONG-TERM. scheme must mention its matur- Mutual fund Life Cycle Funds automatically Axis Bank 5.75 6.45 6.45 6.45 Jun 25 ity year in its name. Investors can rebalance asset allocation as the target maturity year approaches Bandhan Bank 4.20 7.45 7.45 7.25 Jun 20 enter and exit at any time. The key feature is the glide CSB Bank 6.75 7.35 6.5 5.75 Apr 06 GETTYIMAGES/ISTOCKPHOTO path. Unlike Target Maturity City Union Bank 6.25 7.25 6.5 6.25 Jun 16 Funds, whose portfolios remain tion to large-cap and mid-cap DCB Bank 6.5 7.5 7.5 7.5 Jun 01 largely static until maturity, LCFs CORE FEATURES stocks. Debt allocation will be re- Dhanlaxmi Bank 5.25 7.1 6.5 7.25 Jun 01 gradually reduce equity allocation stricted to government securities. and increase debt allocation as the (cid:129)Automatic equity-to-debt The schemes are equity-oriented Federal Bank 6 6.8 6.75 6.4 Jun 03 glide path target year approaches. Investors and will use arbitrage, where HDFC Bank 5.75 6.45 6.45 6.5 Mar 06 e 4 do not have to decide when to (cid:129)Target-year based needed, to retain equity tax status. ICICI Bank 5.5 6.3 6.45 6.5 Jun 26 e 4 1 9 shift from equity to debt. investment strategy ICICI Prudential Mutual Fund 1 9 4 in 2F 0o 5r in cs ot ua ln dc se t, aa rn wLC itF 6m 5a -9tu 5r pin eg (cid:129)O tap xe an d-e vn ad ne tad w eith equity h Da os ufi mle ed tsS c wh ie thm Se EBIn If o for rm Lat Cio Fn I ID DB FCI B Fa irn sk t Bank 5 6. .8 6 7. .4 35 7.6 3. 55 6 6. .3 75 F Jueb 12 03 7 3 cent equity. In the final year be- maturing in 2031, 2036 and 2041. IndusInd Bank 6.25 7 7 6.65 Jun 01 fore maturity, equity exposure The equity portfolio is proposed J & K Bank 6 6.8 7.3 6.7 Jun 11 may fall to 5-20 per cent, making to be built from the Nifty 200 uni- debt the dominant asset class. LIMITATIONS verse. Like Zerodha, the schemes Karnataka Bank 5.75 7 6.15 6.15 Jun 08 SEBI has prescribed allocation LCFs are not a one-size-fits-all can use arbitrage exposure of up Kotak Bank 6 6.8 6.8 6.4 Jun 10 bands for every stage of the fund’s solution. Investors have different to 50 per cent to preserve equity- Karur Vysya Bank 7 7.2 6.55 6.55 Jun 08 life. incomes, responsibilities, risk ap- oriented tax status. RBL Bank 6.05 7.2 7.2 7 Sep 24 This addresses a common be- petites and existing portfolios. Yet havioural problem. Many in- everyone in a scheme follows the SUITABILITY South Indian Bank 5.9 6.6 6.8 6.2 Jun 19 vestors stay overexposed to equit- same glide path. LCFs are best suited for first-time Tamilnad Mercantile Bank 6.5 7.25 7 6.7 Apr 10 ies near retirement or other goals. The funds may also become too investors building a retirement TNSC Bank 6.85 7.6 7.1 6.85 NA Others move to debt too early and conservative for some investors. corpus, SIP investors seeking a Yes Bank 6.5 7 7 6.75 Jun 02 hurt long-term returns. LCFs em- atives are allowed only for gold target year nears, reducing the With retirement periods now last- set-and-forget approach, and in- bed disciplined asset allocation and silver. Alternative assets re- need for investors to monitor ing 25-30 years, a sharp reduction vestors pursuing long-term goals SMALL FINANCE BANKS within the product. main modest, while equity and markets or rebalance manually. in equity near retirement may re- who do not want to rebalance reg- AU Small Finance Bank 6.35 7.1 7.4 7 Jun 10 debt remain the core drivers. Investors can choose a fund duce market risk but also limit in- ularly. They may be less suitable Equitas Small Finance Bank 6.35 7.1 7.75 8 Jun 16 MEASURED CHOICES matching their horizon, invest flation-beating returns. Investors for sophisticated investors with LCFs can invest in equity, debt, EQUITY TAXATION through SIPs and leave asset alloc- who want to change allocation disciplined asset-allocation ESAF Small Finance Bank 6 7.75 7.75 6 Jun 18 InvITs, exchange-traded com- Under SEBI’s framework, an ation to the fund manager. based on market conditions or strategies, high-net-worth in- Jana Small Finance Bank 7 7.3 8 7.77 Jun 23 modity derivatives, and Gold and LCF’s net equity allocation falls personal circumstances may also vestors with complex needs, or Suryoday Small Finance Bank 6.5 7.6 8.1 7.9 29-Mar Silver ETFs. Early products sug- below 65 per cent when the re- MF VERSUS NPS find the glide path restrictive. those who want greater control Utkarsh Small Finance Bank 6 8.1 7.5 7.25 May 05 gest a measured approach. maining maturity is less than five The idea is not new to Indian re- Unlike NPS, LCFs do not offer over equity and debt allocation. Zerodha proposes to use stocks years. This could affect equity tax tirement investing. The National any additional tax deduction. Tax LCFs are a meaningful mutual Data as on respective banks’ website on 26 Jun 2026; For each year range, the maximum offered from the top 250 companies in the status. To address this, SEBI al- Pension System has used a life- treatment will depend on each fund innovation. But investors interest rate is considered; interest rate is for a normal fixed depo [Showing first 8,000 characters — download PDF for full document]