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Unrated

Axis Treasury Advantage Fund - Retail Plan


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.

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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 6.65 0.02 0.15 0.65 1.31 4.13 7.90 7.82 7.47 7.65 7.92
CCIL T Bill Liquidity Weight 2.74 0.03 0.07 0.27 0.61 1.26 3.37 3.98 4.14 4.58 4.76
Debt: Low Duration 5.46 0.01 0.12 0.62 1.30 4.65 6.30 5.09 6.11 6.72 7.44

As on 23-Oct-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 7.90 7.82 7.47 0.72 8,146
ICICI Prudential Savings Fund  | Invest Now
5 star
Sep-02 8.49 7.99 8.13 0.55 19,922
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 7.91 7.63 7.65 1.22 13,927
SBI Magnum Low Duration Fund  | Invest Online
5 star
Jul-07 7.16 7.55 7.59 1.10 9,746
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
Mar-08 8.43 7.88 8.07 1.12 8,418

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 7.50 0.93 2.63 6.87 0.94 3.53
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Low Duration 5.14 4.37 1.09 2.26 -0.74 -0.78

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

As on 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 131 135 88 53
Modified Duration (yrs) 0.81 1.10 0.70 0.79
Average Maturity (yrs) 0.90 1.20 0.78 0.90
Yield to Maturity (%) 4.25 6.52 4.16 4.79
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 Reliance Industries 325-D 15/03/2021 Commercial Paper A1+ 0.00 - 5.40 4.23
up Reserve Bank of India 182-D 19/11/2020 Treasury Bills SOV 0.00 - 6.58 3.97
down Reserve Bank of India 182-D 12/11/2020 Treasury Bills SOV 0.00 - 5.60 3.30
equal Export-Import Bank 2020 Certificate of Deposit A1+ 0.00 - 4.47 2.75
new 8.79% GOI 2021 Central Government Loan SOV 0.00 - 2.58 2.58
up Reserve Bank of India 182-D 17/12/2020 Treasury Bills SOV 0.00 - 2.66 2.50
new Larsen & Toubro 270-D 26/02/2021 Commercial Paper A1+ 0.00 - 2.42 2.42
equal 2.00% Tata Steel 23/04/2022 Debenture AA 0.00 - 2.51 2.31
new Reliance Industries 364-D 02/03/2021 Commercial Paper A1+ 0.00 - 1.81 1.81
up Larsen & Toubro 247-D 26/03/2021 Commercial Paper A1+ 0.00 - 1.81 1.81
equal 8.70% HDFC 15/12/2020 Debenture AAA 1.29 - 2.15 1.65
equal 7.35% Mahindra Rural Housing Finance 2022 Debenture AA+ 0.00 - 1.68 1.54
equal M&M Financial Services 23/07/2021 Debenture AAA 0.00 - 1.94 1.52
up Export-Import Bank 188-D 04/01/2021 Certificate of Deposit A1+ 0.00 - 1.52 1.52
up Reserve Bank of India 364-D 25/03/2021 Treasury Bills SOV 0.00 - 1.51 1.51
new Reserve Bank of India 182-D 18/03/2021 Treasury Bills SOV 0.00 - 1.45 1.45
equal Muthoot Finance 2021 Non Convertible Debenture AA 0.00 - 1.53 1.39
up Tata Capital Financial Services 26/10/2021 Debenture AAA 0.00 - 1.38 1.38
up 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 2.65 1.32
new 7.67% L&T Infrastructre Finance 18/03/2022 Non Convertible Debenture AAA 0.00 - 1.24 1.24
equal Reserve Bank of India 182-D 26/11/2020 Treasury Bills SOV 0.00 - 1.33 1.22
equal Larsen & Toubro 91-D 26/11/2020 Commercial Paper A1+ 0.00 - 1.33 1.22
equal Reliance Retail Ventures 188-D 04/03/2021 Commercial Paper A1+ 0.00 - 1.32 1.21
new Reserve Bank of India 182-D 11/03/2021 Treasury Bills SOV 0.00 - 1.21 1.21
new 7.35% Aadhar Housing Finance 28/02/2022 Debenture AA 0.00 - 1.16 1.16

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-Sep-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 23-Oct-2020

Growth: ₹ 2,214.9072

Dividend Weekly: ₹ 1,012.6561

More

Dividend Monthly: ₹ 1,016.0130

Dividend 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 (₹) --
Exit Load 0

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 03-Mar-2010
Return Since Launch: 7.75%
Benchmark: NIFTY Low Duration Debt TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 8,146 Cr (As on 30-Sep-2020)
Expense: 0.72% (As on 31-Oct-2018)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily23-Oct-20200.1915

 22-Oct-20200.1381
 21-Oct-20200.0016
 20-Oct-20200.6913
 19-Oct-20200.5390
 16-Oct-20200.0990
 15-Oct-20200.2535
 14-Oct-20200.1568
 13-Oct-20200.3246
 12-Oct-20200.4129
 09-Oct-20200.8908
 08-Oct-20200.2145
 07-Oct-20200.3361
 06-Oct-20200.3907
 05-Oct-20200.6051
 01-Oct-20200.3690
 30-Sep-20200.3671
 29-Sep-20200.1467
 28-Sep-20200.2666
 25-Sep-20200.0694
 24-Sep-20200.1138
 23-Sep-20200.0809
 22-Sep-20200.2752
 21-Sep-20200.3289
 18-Sep-20200.2178
Dividend Weekly19-Oct-20201.3725

 12-Oct-20202.2456
 05-Oct-20201.4871
 28-Sep-20200.8053
 21-Sep-20201.0718
 07-Sep-20201.3145
 31-Aug-20201.0076
 24-Aug-20200.1955
 17-Aug-20201.4071
 10-Aug-20200.2073
 03-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
Dividend Monthly25-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
 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

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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