AMENDMENT NO. 2 TO THE MUTUAL FUNDS SERVICE AGREEMENT

Exhibit (h)(1)(iii)

AMENDMENT NO. 2

TO THE

MUTUAL FUNDS SERVICE AGREEMENT

AMENDMENT NO. 2 to the Mutual Funds Service Agreement dated as of September 1, 2011 between EQ Advisors Trust, a Delaware statutory trust (“Trust”) and AXA Equitable Funds Management Group, LLC (“FMG LLC”), a Delaware limited liability company (“FMG LLC” or “Administrator”) (“Amendment No. 2”).

WHEREAS, FMG LLC and the Trust desire to modify the fee paid with respect to the AXA Allocation Portfolios; and

NOW THEREFORE, the Trust and FMG LLC agree to modify and amend the Mutual Funds Service Agreement, dated as of May 1, 2011, as amended (“Agreement”), as follows:

1. Schedule A. Schedule A to the Agreement is hereby replaced in its entirety by Schedule A attached hereto.

Except as modified and amended hereby, the Agreement is hereby ratified and confirmed in full force and effect in accordance with its terms.

IN WITNESS WHEREOF, the parties have executed and delivered this Amendment No. 2 as of the date first above set forth.

EQ ADVISORS TRUST						AXA EQUITABLE FUNDS MANAGEMENT GROUP, LLC
By:		/s/ Xxxxx Xxxxx				By:		Xxxxxx X. Xxxxx
		Xxxxx Xxxxx						Xxxxxx X. Xxxxx
		Chief Financial Officer and Treasurer						Chairman, Chief Executive Officer and President

SCHEDULE A

AMENDMENT NO. 2

MUTUAL FUNDS SERVICE AGREEMENT

Fees and Expenses

Trust Administration, Accounting and Compliance Fees

Portfolio(s)		Fee
All Portfolios (except as noted below)		0.12% of the first $3 billion; 0.11% of the next $3 billion; 0.105% of the next $4 billion; 0.10% of the next $20 billion; and 0.0975% thereafter, (based on average daily net assets) plus $30,000 per Portfolio.
EQ/AXA Franklin Small Cap Value Core Portfolio EQ/Equity Growth PLUS Portfolio EQ/Franklin Core Balanced Portfolio EQ/Global Bond PLUS Portfolio EQ/Global Multi-Sector Equity Portfolio EQ/International Core PLUS Portfolio EQ/International Value PLUS EQ/Large Cap Core PLUS Portfolio EQ/Large Cap Growth PLUS Portfolio EQ/Large Cap Value PLUS Portfolio EQ/Mid Cap Value PLUS Portfolio EQ/Mutual Large Cap Equity Portfolio EQ/Quality Bond PLUS Portfolio EQ/Xxxxxxxxx Global Equity Portfolio (collectively, the “Hybrid Portfolios”)		0.15% of the first $20 billion of the Hybrid Portfolios aggregate average daily net assets; 0.125% of the next $5 billion of the Hybrid Portfolios aggregate average daily net assets; 0.10% thereafter; plus $32,500 per Portfolio, plus $32,500 for each allocated portion of the Portfolio.
All Asset Allocation Portfolio AXA Balanced Strategy Portfolio AXA Conservative Growth Strategy Portfolio AXA Conservative Strategy Portfolio AXA Growth Strategy Portfolio AXA Moderate Growth Strategy Portfolio EQ/Franklin Xxxxxxxxx Allocation Portfolio AXA Ultra Conservative Strategy Portfolio		0.15% of the first $15 billion of each AXA Allocation Portfolio’s aggregate average daily net assets; 0.125% of the next $5 billion of each AXA Allocation Portfolio’s aggregate average daily net assets; 0.10% of each AXA Allocation Portfolio’s aggregate average daily net assets thereafter; plus $32,500 per Portfolio.

Portfolio(s)		Fee
ATM Core Bond Portfolio ATM Government Bond Portfolio ATM International Portfolio ATM Large Cap Portfolio ATM Mid Cap Portfolio ATM Small Cap Portfolio AXA Tactical Manager 2000 Portfolio AXA Tactical Manager 400 Portfolio AXA Tactical Manager 500 Portfolio AXA Tactical Manager International Portfolio EQ/AllianceBernstein Dynamic Wealth Strategies Portfolio (collectively, the “Tactical Manager Portfolios”)		0.15% of the first $20 billion of the Tactical Manager Portfolios aggregate average daily net assets; 0.125% of the next $5 billion of the Tactical Manager Portfolios aggregate average daily net assets; 0.10% thereafter; plus $32,500 per Portfolio, plus $32,500 for each allocated portion of the Portfolio.