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Axis Treasury Advantage Fund


1 Lakh

Investment Grown to
₹ 1.09 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 Lakh

Analyst's Choice?

Suitability:

Low Duration debt funds invest in bonds maturing in 6 months to 1 year time. 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 3 months maturity, from the one that invests in bonds maturing in 3-6 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 the next one 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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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 1.09 -0.01 0.06 0.72 1.67 3.80 8.71 7.55 7.87 8.20 8.23
CCIL T Bill Liquidity Weight 0.55 0.04 0.10 0.36 0.91 1.88 4.15 4.15 4.46 4.78 4.71
Debt: Low Duration 0.83 0.02 0.03 0.67 1.16 2.67 2.11 5.24 6.32 7.04 7.22
Rank within category 13 24 19 14 10 7 3 4 4 3 2
Number of funds in category 26 26 26 26 26 26 26 26 24 23 16

As on 20-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.48 (29-Mar-2016 - 05-Apr-2016) -0.28 (09-Jul-2013 - 16-Jul-2013)
Month 1.29 (06-Sep-2013 - 08-Oct-2013) -0.01 (17-Apr-2018 - 17-May-2018)
Quarter 3.03 (24-Jul-2013 - 23-Oct-2013) 1.08 (09-Dec-2009 - 10-Mar-2010)
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 7.26 0.73 2.19 4.92 1.93 4.69
CCIL T Bill Liquidity Weight 4.06 0.27 -6.06 -10.48 -- --
Debt: Low Duration 5.08 3.25 0.69 1.45 1.93 2.52
Rank within category 3 4 3 1 14 5
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-Jan-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 119 124 41 52
Modified Duration (yrs) 0.70 0.84 0.57 0.74
Average Maturity (yrs) 0.78 0.96 0.64 0.92
Yield to Maturity (%) 5.99 8.52 5.87 6.93

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 6.65% GOI 2020 GOI Securities SOV 0.00 - 3.83 3.83
up 6.98% National Bank Agr. Rur. Devp 30/09/2020 Debenture AAA 0.00 - 2.98 2.98
equal SIDBI 2020 Certificate of Deposit A1+ 0.00 - 4.12 2.84
new National Bank Agr. Rur. Devp 151-D 22/06/2020 Commercial Paper A1+ 0.00 - 2.80 2.80
equal Reserve Bank of India 76-D 17/03/2020 Cash Management Bill SOV 0.00 - 3.13 2.37
equal Larsen & Toubro 123-D 31/03/2020 Commercial Paper A1+ 0.00 - 2.88 2.18
up 8.70% HDFC 15/12/2020 Debenture AAA 0.00 - 3.97 1.94
equal Andhra Bank 2020 Certificate of Deposit A1+ 0.00 - 2.76 1.90
new Reliance Jio Infocomm 91-D 24/04/2020 Commercial Paper A1+ 0.00 - 1.88 1.88
equal 8.20% Power Finance Corp. 14/09/2020 Bonds/NCDs AAA 0.00 - 3.42 1.84
new ICICI Bank 15/01/2021 Certificate of Deposit A1+ 0.00 - 1.81 1.81
equal First Business Receivable Trust Securitised Debt AAA 0.26 - 0.41 1.73
new 8.53% Power Finance Corp. 24/07/2020 Bonds/Debentures AAA 0.00 - 1.71 1.71
new ICICI Bank 23/03/2020 Certificate of Deposit A1+ 0.00 - 1.61 1.61
new 6.59% IRFC 14/04/2023 Debenture AAA 0.00 - 1.53 1.53
new Reserve Bank of India 70-D 17/03/2020 Treasury Bills SOV 0.00 - 1.52 1.52
equal Reliance Industries 180-D 18/05/2020 Commercial Paper A1+ 0.00 - 1.98 1.50
equal HDFC 337-D 26/05/2020 Commercial Paper A1+ 0.00 - 4.25 1.50
down Larsen & Toubro 182-D 28/02/2020 Commercial Paper A1+ 0.00 - 3.04 1.43
equal Reliance Jio Infocomm 96-D 09/03/2020 Commercial Paper A1+ 0.00 - 1.88 1.42
equal Vedanta 91-D 27/03/2020 Commercial Paper A1+ 0.00 - 1.87 1.42
equal Bank of Baroda 2020 Certificate of Deposit A1+ 0.00 - 3.01 1.41
new ICICI Bank 31/12/2020 Certificate of Deposit A1+ 0.00 - 1.36 1.36
equal 7.50% Power Finance Corp. 16/08/2021 Debenture AAA 0.00 - 1.66 1.26
new Bajaj Housing Finance 366-D 29/01/2021 Commercial Paper A1+ 0.00 - 1.25 1.25

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-Jan-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.

Funds Managed:


-0.01%

Change from previous, NAV as on 20-Feb-2020

Growth: ₹ 2,243.4514

Dividend Weekly: ₹ 1,005.9572

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Dividend Monthly: ₹ 1,010.8365

Dividend Daily: ₹ 1,006.1743


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: 8.10%
Benchmark: NIFTY Low Duration Debt TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 5,239 Cr (As on 31-Jan-2020)
Expense: 0.58% (As on 31-Jan-2020)
Risk Grade: Below Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily18-Feb-20200.0088

 17-Feb-20200.2830
 14-Feb-20200.2031
 13-Feb-20200.2038
 12-Feb-20200.0564
 11-Feb-20200.1640
 10-Feb-20200.4275
 07-Feb-20200.4484
 06-Feb-20200.9348
 05-Feb-20200.0972
 04-Feb-20200.1931
 03-Feb-20200.5108
 31-Jan-20200.0811
 30-Jan-20200.1463
 29-Jan-20200.0596
 28-Jan-20200.0982
 27-Jan-20200.4020
 24-Jan-20200.2086
 23-Jan-20200.2555
 22-Jan-20200.2620
 21-Jan-20200.1883
 20-Jan-20200.3346
 17-Jan-20200.1139
 16-Jan-20200.1039
 15-Jan-20200.0463
Dividend Weekly17-Feb-20200.9105

 10-Feb-20202.1023
 03-Feb-20200.8961
 27-Jan-20201.3172
 20-Jan-20200.5987
 13-Jan-20200.9538
 06-Jan-20201.2097
 30-Dec-20190.5666
 23-Dec-20191.1920
 16-Dec-20190.3770
 02-Dec-20191.1271
 25-Nov-20191.0711
 18-Nov-20191.3198
 11-Nov-20190.5142
 04-Nov-20191.3516
 29-Oct-20191.0582
 22-Oct-20191.7958
 14-Oct-20191.1631
 07-Oct-20191.7303
 30-Sep-20190.9241
 16-Sep-20190.6768
 09-Sep-20191.1609
 03-Sep-20191.6628
 26-Aug-20191.5984
 19-Aug-20190.6263
Dividend Monthly27-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
 25-Oct-20185.8529
 25-Sep-20181.1220
 27-Aug-20184.6258
 25-Jul-20184.6328
 25-Jun-20185.8698
 25-May-20181.4930
 25-Apr-20183.9278
 26-Mar-20184.9392
 26-Feb-20183.6876
 25-Jan-20183.5370

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: 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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