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Unrated

Axis Treasury Advantage Fund - Retail Plan


1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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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(₹)
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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 3.48 0.01 0.07 0.32 0.71 1.87 3.79 6.84 6.63 6.97 7.41
CCIL T Bill Liquidity Weight 1.88 0.03 0.04 0.17 0.43 1.08 2.05 3.24 3.53 3.99 4.48
Debt: Low Duration 3.82 0.01 0.06 0.29 1.19 2.29 4.22 4.52 5.30 6.14 7.14

As on 03-Dec-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 - Retail Plan
Unrated
Mar-10 3.79 6.84 6.63 0.72% 8,911
ICICI Prudential Savings Fund  | Invest Now
5 star
Sep-02 4.34 7.24 7.07 0.52% 31,730
HDFC Low Duration Fund  | Invest Online
4 star
Nov-99 4.03 6.77 6.48 1.04% 21,669
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 3.57 6.63 6.56 1.23% 17,431
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
Mar-08 3.57 6.75 6.82 1.11% 11,005

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 0.14 24-Dec-2019 - 24-Mar-2020
Year 9.51 01-Nov-2018 - 01-Nov-2019 3.72 26-Nov-2020 - 26-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.66 1.02 2.82 7.93 1.45 3.76
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Low Duration 4.65 4.37 1.30 2.85 -0.77 0.39

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

As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 125 152 124 80
Modified Duration (yrs) 0.54 0.86 0.54 --
Average Maturity (yrs) 0.96 1.06 0.70 --
Yield to Maturity (%) 4.30 4.30 3.90 --
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
new Larsen & Toubro 119-D 29/03/2022 Commercial Paper A1+ 0.00 - 5.54 5.54
equal Reserve Bank of India 182-D 16/12/2021 Treasury Bills SOV 0.00 - 4.48 4.48
equal Reserve Bank of India 182-D 23/12/2021 Treasury Bills SOV 0.00 - 5.00 3.98
down GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 3.34 3.29
equal 4.60% National Bank Agr. Rur. Devp 29/07/2024 Debenture AAA 0.00 - 3.09 3.09
new Ultratech Cement 91-D 17/02/2022 Commercial Paper A1+ 0.00 - 2.51 2.51
equal Reserve Bank of India 364-D 30/12/2021 Treasury Bills SOV 0.00 - 2.24 2.24
equal Reliance Industries 230-D 14/03/2022 Commercial Paper A1+ 0.00 - 2.22 2.22
equal 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 0.49 - 1.97 1.97
equal Reserve Bank of India 91-D 16/12/2021 Treasury Bills SOV 0.00 - 1.96 1.96
equal Reserve Bank of India 182-D 30/12/2021 Treasury Bills SOV 0.00 - 1.96 1.96
equal 7.35% Power Finance Corporation 15/10/2022 Debenture AAA 0.05 - 1.78 1.78
down 5.85% Cholamandalam Investment & Finance Company 21/03/2023 Debenture AA+ 1.40 - 1.89 1.46
equal 5.09% National Bank Agr. Rur. Devp 2024 Non Convertible Debenture AAA 0.00 - 1.53 1.41
equal 7.35% Mahindra Rural Housing Finance 2022 Debenture AA+ 1.14 - 1.54 1.41
equal Export-Import Bank 169-D 29/12/2021 Certificate of Deposit A1+ 0.00 - 1.40 1.40
equal Reserve Bank of India 182-D 09/12/2021 Treasury Bills SOV 0.00 - 1.40 1.40
equal Kotak Mahindra Investments 270-D 11/04/2022 Commercial Paper A1+ 0.00 - 1.38 1.38
equal 5.04% Indian Railway Finance Corporation 2023 Debenture AAA 0.00 - 2.45 1.24
equal 8.20% Power Finance Corporation 27/05/2022 Non Convertible Debenture AAA 0.15 - 1.19 1.19
equal 7.57% HDB Financial Services 16/02/2023 Non Convertible Debenture AAA 0.00 - 1.26 1.15
equal 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 0.00 - 1.13 1.13
new 5.09% GOI 13/04/2022 GOI Securities SOV 0.00 - 1.13 1.13
equal 7.95% Hinduja Leyland Finance 14/02/2023 Non Convertible Debenture AA- 0.00 - 1.13 1.13
new 5.63% GOI 2026 GOI Securities SOV 0.00 - 1.12 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 30-Nov-2021

*As on 31-Oct-2021

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:


0.01%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 2,311.2456

IDCW Weekly: ₹ 1,012.1614

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IDCW Monthly: ₹ 1,010.4551

IDCW Daily: ₹ 1,012.4736


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 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 03-Mar-2010
Return Since Launch: 7.38%
Benchmark: NIFTY Low Duration Debt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 8,911 Cr (As on 30-Nov-2021)
Expense: 0.72% (As on 31-Oct-2018)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily03-Dec-20210.0762

 02-Dec-20210.1788
 01-Dec-20210.0600
 30-Nov-20210.2130
 29-Nov-20210.2099
 26-Nov-20210.1133
 25-Nov-20210.0705
 23-Nov-20210.0350
 22-Nov-20210.3695
 18-Nov-20210.1646
 17-Nov-20210.0845
 16-Nov-20210.1028
 15-Nov-20210.3422
 12-Nov-20210.0184
 11-Nov-20210.0719
 10-Nov-20210.0766
 09-Nov-20210.1971
 08-Nov-20210.8474
 03-Nov-20210.1562
 02-Nov-20210.0280
 01-Nov-20210.0491
 25-Oct-20210.1056
 22-Oct-20210.0944
 21-Oct-20210.0979
 20-Oct-20210.0239
IDCW Weekly29-Nov-20210.4280

 22-Nov-20210.7204
 15-Nov-20210.7058
 08-Nov-20211.0310
 01-Nov-20210.0490
 25-Oct-20210.3212
 18-Oct-20210.2978
 11-Oct-20210.5593
 04-Oct-20210.6105
 27-Sep-20210.1957
 20-Sep-20210.5069
 13-Sep-20210.4628
 06-Sep-20211.0436
 30-Aug-20210.9016
 23-Aug-20210.8034
 17-Aug-20211.4263
 09-Aug-20210.5604
 02-Aug-20210.7889
 26-Jul-20210.8654
 19-Jul-20211.4181
 12-Jul-20210.9816
 05-Jul-20210.9353
 28-Jun-20210.2244
 14-Jun-20211.1844
 07-Jun-20210.9969
IDCW Monthly25-Nov-20212.6102

 25-Oct-20212.3109
 27-Sep-20212.9039
 25-Aug-20213.8033
 26-Jul-20214.3317
 25-Jun-20212.5668
 25-May-20213.7486
 26-Apr-20214.8868
 25-Mar-20213.2806
 25-Feb-20212.7981
 25-Jan-20211.2113
 28-Dec-20202.6636
 25-Nov-20204.8024
 26-Oct-20206.8317
 25-Sep-20203.8148
 25-Aug-20202.8613
 27-Jul-20207.8896
 25-Jun-20205.7990
 26-May-202011.8827
 27-Apr-20208.9484
 25-Feb-20204.3312
 27-Jan-20204.5143
 26-Dec-20192.8527
 25-Nov-20194.7752
 25-Oct-20196.3476

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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