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Axis Treasury Advantage Fund

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Debt: Low Duration

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1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Suitability:

Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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cal

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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 0.04 0.00 0.02 0.17 0.90 2.22 6.93 7.68 7.54 7.84 8.31
CCIL T Bill Liquidity Weight 0.09 0.03 0.04 0.15 0.50 1.08 3.01 3.80 4.01 4.43 4.70
Debt: Low Duration 0.06 0.00 0.01 0.17 0.99 2.31 5.96 5.00 5.96 6.54 7.39
Rank within category 11 19 10 8 8 12 8 3 4 4 3
Number of funds in category 25 25 25 25 25 25 25 25 24 22 20

As on 22-Jan-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Treasury Advantage Fund
5 star
 Oct-09 6.93 7.68 7.54 0.61 10,144
ICICI Prudential Savings Fund  | Invest Now
5 star
 Sep-02 8.19 8.12 8.09 0.55 29,895
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
 May-98 7.21 7.56 7.49 1.22 19,972
SBI Magnum Low Duration Fund  | Invest Online
4 star
 Jul-07 6.36 7.39 7.41 1.01 16,320
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
 Mar-08 7.40 7.72 7.84 1.15 11,678

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.78 (24-Mar-2020 - 31-Mar-2020) -1.04 (12-Mar-2020 - 19-Mar-2020)
Month 2.37 (24-Mar-2020 - 23-Apr-2020) -1.15 (25-Feb-2020 - 26-Mar-2020)
Quarter 4.37 (24-Mar-2020 - 24-Jun-2020) -0.05 (24-Dec-2019 - 24-Mar-2020)
Year 10.02 (26-Jul-2013 - 28-Jul-2014) 5.00 (12-Oct-2009 - 12-Oct-2010)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.55 0.91 3.05 7.56 1.05 3.82
CCIL T Bill Liquidity Weight 3.78 0.34 -2.89 -5.80 -- --
Debt: Low Duration 5.18 4.37 1.30 2.57 -0.67 -0.25
Rank within category 3 5 1 1 19 2
Number of funds in category 25 25 25 25 25 25

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 148 159 103 60
Modified Duration (yrs) 0.81 1.10 0.70 0.76
Average Maturity (yrs) 0.90 1.20 0.78 0.89
Yield to Maturity (%) 3.97 6.52 3.90 4.11
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Reserve Bank of India 182-D 18/03/2021 Treasury Bills SOV 0.00 - 4.02 4.02
equal Reliance Industries 325-D 15/03/2021 Commercial Paper A1+ 0.00 - 5.40 3.33
equal Reserve Bank of India 182-D 25/03/2021 Treasury Bills SOV 0.00 - 2.59 2.59
up Reserve Bank of India 364-D 20/05/2021 Treasury Bills SOV 0.00 - 2.48 2.48
new Bank of Baroda 28/05/2021 Certificate of Deposit A1+ 0.00 - 2.43 2.43
up 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 2.65 2.19
up Reserve Bank of India 182-D 11/03/2021 Treasury Bills SOV 0.00 - 1.96 1.96
equal Larsen & Toubro 270-D 26/02/2021 Commercial Paper A1+ 0.00 - 2.42 1.96
equal 2.00% Tata Steel 23/04/2022 Debenture AA 0.00 - 2.51 1.94
new National Bank Agr. Rur. Devp 176-D 01/06/2021 Commercial Paper A1+ 0.00 - 1.94 1.94
equal Power Finance Corp. 358-D 30/07/2021 Commercial Paper A1+ 0.00 - 1.74 1.74
equal 5.85% Cholamandalam Invest. & Fin. 21/03/2023 Debenture AA+ 0.00 - 1.76 1.53
equal 6.22% HDFC 2021 Debenture AAA 0.00 - 1.74 1.51
new Reliance Retail Ventures 43-D 15/01/2021 Commercial Paper A1+ 0.00 - 1.48 1.48
equal Reliance Industries 364-D 02/03/2021 Commercial Paper A1+ 0.00 - 1.81 1.47
equal Larsen & Toubro 247-D 26/03/2021 Commercial Paper A1+ 0.00 - 1.81 1.47
new National Bank Agr. Rur. Devp 28/05/2021 Commercial Paper A1+ 0.00 - 1.46 1.46
new National Bank Agr. Rur. Devp 180-D 21/06/2021 Commercial Paper A1+ 0.00 - 1.46 1.46
equal 5.78% HDFC-Warrant 11/2025 Debenture AAA 0.00 - 1.38 1.38
equal 6.99% HDFC 25/11/2021 Non Convertible Debenture AAA 0.57 - 1.58 1.36
equal 9.60% Aadhar Housing Finance 29/09/2021 Non Convertible Debenture AA 0.00 - 1.26 1.26
equal 7.35% Mahindra Rural Housing Finance 2022 Debenture AA+ 0.00 - 1.68 1.25
equal M&M Financial Services 23/07/2021 Debenture AAA 0.00 - 1.94 1.24
equal Reserve Bank of India 364-D 25/03/2021 Treasury Bills SOV 0.00 - 1.51 1.22
equal Tata Capital Financial Services 26/10/2021 Debenture AAA 0.00 - 1.38 1.12

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2020

Fund Manager

— Aditya Pagaria since 13-Aug-2016

Education: Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.

Experience: Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.

Funds Managed:

— Devang Shah since 07-Jun-2016

Education: Mr. Shah is B.Com and ACA.

Experience: Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.

Interviews:

Funds Managed:

0.00%

Change from previous, NAV as on 22-Jan-2021

Growth: ₹ 2,383.2168

Dividend Weekly: ₹ 1,011.1165

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Dividend Monthly: ₹ 1,010.5958

Dividend Daily: ₹ 1,012.2024

Investment Strategy

The fund seeks to generate reasonable return commensurate with low risk and high degree of liquidity from a portfolio of money market and short term debt securities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load 0

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 09-Oct-2009
Return Since Launch: 7.99%
Benchmark: NIFTY Low Duration Debt TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 10,144 Cr (As on 31-Dec-2020)
Expense: 0.61% (As on 31-Dec-2020)
Risk Grade: Below Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Weekly11-Jan-20210.1539

 04-Jan-20211.3556
 28-Dec-20200.7763
 21-Dec-20200.3639
 14-Dec-20200.6021
 07-Dec-20200.5024
 01-Dec-20200.8278
 23-Nov-20201.3186
 17-Nov-20201.1011
 09-Nov-20201.3382
 02-Nov-20200.6125
 26-Oct-20201.4443
 19-Oct-20201.3725
 12-Oct-20202.2452
 05-Oct-20201.4873
 28-Sep-20200.8054
 21-Sep-20201.0715
 07-Sep-20201.3144
 31-Aug-20201.0076
 24-Aug-20200.1950
 17-Aug-20201.4072
 10-Aug-20200.2075
 03-Aug-20200.9158
 27-Jul-20200.0780
 20-Jul-20201.4097
Dividend Daily08-Jan-20210.1823

 07-Jan-20210.0380
 06-Jan-20210.0008
 05-Jan-20210.4614
 04-Jan-20210.5236
 01-Jan-20210.2427
 31-Dec-20200.1380
 30-Dec-20200.2115
 29-Dec-20200.2414
 28-Dec-20200.4480
 24-Dec-20200.1259
 23-Dec-20200.1361
 22-Dec-20200.0673
 21-Dec-20200.2119
 17-Dec-20200.0700
 15-Dec-20200.0827
 14-Dec-20200.2583
 11-Dec-20200.0837
 10-Dec-20200.2097
 09-Dec-20200.0512
 07-Dec-20200.2760
 04-Dec-20200.2273
 01-Dec-20200.2395
 27-Nov-20200.0137
 26-Nov-20200.1560
Dividend Monthly28-Dec-20202.6511

 25-Nov-20204.7902
 26-Oct-20206.8193
 25-Sep-20203.8028
 25-Aug-20202.8499
 27-Jul-20207.8775
 25-Jun-20205.7871
 26-May-202011.8744
 27-Apr-20208.9249
 25-Feb-20204.3184
 27-Jan-20204.5032
 26-Dec-20192.8482
 25-Nov-20194.7668
 25-Oct-20196.3360
 25-Sep-20193.3557
 26-Aug-20196.8622
 25-Jul-20196.1413
 25-Jun-20193.9995
 27-May-20197.0591
 25-Apr-20194.3905
 25-Mar-20195.8088
 25-Feb-20194.7128
 25-Jan-20195.4450
 26-Dec-20185.8103
 26-Nov-20185.3030

Contact Information

AMC: Axis Asset Management Company Ltd.

Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025

Phone: 022-24255161

Fax: 022-43255199

Email: [email protected] / [email protected]

Website: http://www.axismf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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