1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
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
Dividends
Please wait...
Please wait...
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
Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
---|---|---|---|---|---|---|---|
Axis Treasury Advantage Fund | Oct-09 | 6.93 | 7.68 | 7.54 | 0.61 | 10,144 | |
ICICI Prudential Savings Fund | Invest Now | Sep-02 | 8.19 | 8.12 | 8.09 | 0.55 | 29,895 | |
Aditya Birla Sun Life Low Duration Fund | Invest Online | May-98 | 7.21 | 7.56 | 7.49 | 1.22 | 19,972 | |
SBI Magnum Low Duration Fund | Invest Online | Jul-07 | 6.36 | 7.39 | 7.41 | 1.01 | 16,320 | |
Kotak Low Duration Fund - Standard Plan | Invest Online | Mar-08 | 7.40 | 7.72 | 7.84 | 1.15 | 11,678 |
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) |
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
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 | -- | -- | -- |
Please wait...
Company | Instrument | Credit Rating | 1Y Range | % Assets | |
---|---|---|---|---|---|
![]() |
Reserve Bank of India 182-D 18/03/2021 | Treasury Bills | SOV | 0.00 - 4.02 | 4.02 |
![]() |
Reliance Industries 325-D 15/03/2021 | Commercial Paper | A1+ | 0.00 - 5.40 | 3.33 |
![]() |
Reserve Bank of India 182-D 25/03/2021 | Treasury Bills | SOV | 0.00 - 2.59 | 2.59 |
![]() |
Reserve Bank of India 364-D 20/05/2021 | Treasury Bills | SOV | 0.00 - 2.48 | 2.48 |
|
Bank of Baroda 28/05/2021 | Certificate of Deposit | A1+ | 0.00 - 2.43 | 2.43 |
![]() |
7.32% GOI 28/01/2024 | GOI Securities | SOV | 0.00 - 2.65 | 2.19 |
![]() |
Reserve Bank of India 182-D 11/03/2021 | Treasury Bills | SOV | 0.00 - 1.96 | 1.96 |
![]() |
Larsen & Toubro 270-D 26/02/2021 | Commercial Paper | A1+ | 0.00 - 2.42 | 1.96 |
![]() |
2.00% Tata Steel 23/04/2022 | Debenture | AA | 0.00 - 2.51 | 1.94 |
|
National Bank Agr. Rur. Devp 176-D 01/06/2021 | Commercial Paper | A1+ | 0.00 - 1.94 | 1.94 |
![]() |
Power Finance Corp. 358-D 30/07/2021 | Commercial Paper | A1+ | 0.00 - 1.74 | 1.74 |
![]() |
5.85% Cholamandalam Invest. & Fin. 21/03/2023 | Debenture | AA+ | 0.00 - 1.76 | 1.53 |
![]() |
6.22% HDFC 2021 | Debenture | AAA | 0.00 - 1.74 | 1.51 |
|
Reliance Retail Ventures 43-D 15/01/2021 | Commercial Paper | A1+ | 0.00 - 1.48 | 1.48 |
![]() |
Reliance Industries 364-D 02/03/2021 | Commercial Paper | A1+ | 0.00 - 1.81 | 1.47 |
![]() |
Larsen & Toubro 247-D 26/03/2021 | Commercial Paper | A1+ | 0.00 - 1.81 | 1.47 |
|
National Bank Agr. Rur. Devp 28/05/2021 | Commercial Paper | A1+ | 0.00 - 1.46 | 1.46 |
|
National Bank Agr. Rur. Devp 180-D 21/06/2021 | Commercial Paper | A1+ | 0.00 - 1.46 | 1.46 |
![]() |
5.78% HDFC-Warrant 11/2025 | Debenture | AAA | 0.00 - 1.38 | 1.38 |
![]() |
6.99% HDFC 25/11/2021 | Non Convertible Debenture | AAA | 0.57 - 1.58 | 1.36 |
![]() |
9.60% Aadhar Housing Finance 29/09/2021 | Non Convertible Debenture | AA | 0.00 - 1.26 | 1.26 |
![]() |
7.35% Mahindra Rural Housing Finance 2022 | Debenture | AA+ | 0.00 - 1.68 | 1.25 |
![]() |
M&M Financial Services 23/07/2021 | Debenture | AAA | 0.00 - 1.94 | 1.24 |
![]() |
Reserve Bank of India 364-D 25/03/2021 | Treasury Bills | SOV | 0.00 - 1.51 | 1.22 |
![]() |
Tata Capital Financial Services 26/10/2021 | Debenture | AAA | 0.00 - 1.38 | 1.12 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
— 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:
Personal finance advice and mutual fund ideas delivered to your inbox every Monday
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.
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 |
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 |
Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend Weekly | 11-Jan-2021 | 0.1539 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Dividend Daily | 08-Jan-2021 | 0.1823 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Dividend Monthly | 28-Dec-2020 | 2.6511 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
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