VR Logo

Unrated

Axis Treasury Advantage Fund - Retail Plan


Debt: Low Duration

1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 5.39 -0.02 0.03 0.44 2.87 4.44 8.49 7.80 7.57 7.83 7.92
CCIL T Bill Liquidity Weight 2.23 0.03 0.05 0.20 0.67 1.81 3.70 4.08 4.26 4.78 4.78
Debt: Low Duration 4.24 -0.01 0.05 1.40 3.87 3.25 6.31 5.12 6.15 6.92 7.45

As on 07-Aug-2020

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 8.49 7.80 7.57 0.72 6,334
ICICI Prudential Savings Fund  | Invest Now
4 star
Sep-02 8.90 7.95 8.22 0.50 18,689
SBI Magnum Low Duration Fund  | Invest Online
5 star
Jul-07 7.83 7.64 7.75 1.05 8,548
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
Mar-08 8.96 7.82 8.15 1.08 8,301
Axis Treasury Advantage Fund  | Invest Online
5 star
Oct-09 8.28 7.87 7.86 0.61 6,334

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) 0.14 (24-Dec-2019 - 24-Mar-2020)
Year 9.51 (01-Nov-2018 - 01-Nov-2019) 5.72 (24-May-2017 - 24-May-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.58 0.91 2.60 6.83 0.69 3.19
CCIL T Bill Liquidity Weight 4.03 0.29 -4.08 -7.51 -- --
Debt: Low Duration 5.24 4.36 1.08 2.29 -1.00 -1.17

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

As on 31-Jul-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 108 128 61 58
Modified Duration (yrs) 0.95 1.10 0.70 --
Average Maturity (yrs) 1.06 1.20 0.78 --
Yield to Maturity (%) 4.60 7.11 4.60 --

Value Research Fund Style*

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up Reserve Bank of India 182-D 19/11/2020 Treasury Bills SOV 0.00 - 6.58 6.10
up Reliance Industries 325-D 15/03/2021 Commercial Paper A1+ 0.00 - 5.40 5.40
new Reserve Bank of India 91-D 29/10/2020 Treasury Bills SOV 0.00 - 5.33 5.33
new Reliance Jio Infocomm 91-D 03/08/2020 Commercial Paper A1+ 0.00 - 3.95 3.95
equal Grasim Industries 316-D 22/09/2020 Commercial Paper A1+ 0.00 - 6.89 3.93
equal 6.98% National Bank Agr. Rur. Devp 30/09/2020 Debenture AAA 0.73 - 5.01 3.65
equal Export-Import Bank 2020 Certificate of Deposit A1+ 0.00 - 4.47 3.51
new 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 2.65 2.65
new 2.00% Tata Steel 23/04/2022 Debenture AA 0.00 - 2.40 2.40
up 8.70% HDFC 15/12/2020 Debenture AAA 1.29 - 3.97 2.14
new M&M Financial Services 23/07/2021 Debenture AAA 0.00 - 1.94 1.94
new Reserve Bank of India 84-D 20/08/2020 Treasury Bills SOV 0.00 - 5.20 1.58
equal Reserve Bank of India 182-D 24/12/2020 Treasury Bills SOV 0.00 - 1.99 1.56
equal First Business Receivable Trust Securitised Debt AAA 0.23 - 0.41 1.54
equal 7.65% Grasim Industries 15/04/2022 Debenture AAA 0.00 - 2.16 1.48
equal 8.40% Larsen & Toubro 24/09/2020 Debenture AAA 0.00 - 1.97 1.43
up HDFC 19/05/2022 Non Convertible Debenture AAA 0.00 - 1.39 1.39
new Export-Import Bank 218-D 04/03/2021 Commercial Paper A1+ 0.00 - 1.31 1.31
up 6.60% REC 21/03/2022 Debenture AAA 0.00 - 1.22 1.22
equal ICICI Bank 31/12/2020 Certificate of Deposit A1+ 0.00 - 1.70 1.17
equal Barclays Investments & Loans 270-D 23/11/2020 Commercial Paper A1+ 0.00 - 1.69 1.17
equal Export-Import Bank 188-D 04/01/2021 Certificate of Deposit A1+ 0.00 - 1.49 1.17
equal Grasim Industries 333-D 26/03/2021 Commercial Paper A1+ 0.00 - 1.54 1.16
equal HDFC 317-D 10/03/2021 Commercial Paper A1+ 0.00 - 1.54 1.16
equal 6.70% IRFC 24/11/2021 Bonds/NCDs AAA 0.00 - 1.67 1.14

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-Jul-2020

*As on 30-Jun-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:


-0.02%

Change from previous, NAV as on 07-Aug-2020

Growth: ₹ 2,188.6237

Dividend Weekly: ₹ 1,011.6849

More

Dividend Monthly: ₹ 1,010.5757

Dividend Daily: ₹ 1,012.0939


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 (₹) --
Exit Load 0

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 03-Mar-2010
Return Since Launch: 7.79%
Benchmark: NIFTY Low Duration Debt TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 6,334 Cr (As on 31-Jul-2020)
Expense: 0.72% (As on 31-Oct-2018)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily05-Aug-20200.1648

 04-Aug-20200.2666
 03-Aug-20200.2798
 31-Jul-20200.4741
 30-Jul-20200.1124
 24-Jul-20200.1281
 20-Jul-20200.3853
 17-Jul-20200.3390
 16-Jul-20200.2912
 15-Jul-20200.3947
 13-Jul-20200.4907
 10-Jul-20200.4521
 09-Jul-20200.2471
 08-Jul-20200.2041
 07-Jul-20200.1908
 06-Jul-20200.6421
 03-Jul-20200.4474
 02-Jul-20200.1518
 29-Jun-20200.3420
 26-Jun-20200.2861
 25-Jun-20200.2897
 24-Jun-20200.2993
 23-Jun-20200.2804
 22-Jun-20200.4785
 19-Jun-20200.2465
Dividend Weekly03-Aug-20200.9159

 27-Jul-20200.0785
 20-Jul-20201.4100
 13-Jul-20202.4330
 06-Jul-20201.2436
 29-Jun-20201.5017
 22-Jun-20201.6047
 15-Jun-20202.3849
 08-Jun-20200.8334
 01-Jun-20200.0684
 26-May-20204.3312
 18-May-20204.2627
 11-May-20202.6131
 04-May-20200.4397
 20-Apr-20204.5137
 07-Apr-20200.2822
 30-Mar-20201.8055
 09-Mar-20200.8030
 02-Mar-20200.3985
 24-Feb-20200.3897
 17-Feb-20200.9110
 10-Feb-20202.1032
 03-Feb-20200.8968
 27-Jan-20201.3167
 20-Jan-20200.6003
Dividend Monthly27-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
 25-Sep-20193.3631
 26-Aug-20196.8693
 25-Jul-20196.1794
 25-Jun-20194.0146
 27-May-20197.0645
 25-Apr-20194.3916
 25-Mar-20195.8071
 25-Feb-20194.7087
 25-Jan-20195.4304
 26-Dec-20185.8127
 26-Nov-20185.3026
 25-Oct-20185.8506
 25-Sep-20181.1241
 27-Aug-20184.6253
 25-Jul-20184.6354
 25-Jun-20185.8675

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

Upcoming Video

Investors' Hangout

Attaining financial independence

dateFriday, 14-Aug-2020
time12:30 PM - 01:00 PM