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Unrated

Axis Treasury Advantage Fund - Retail Plan


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 0.32 0.02 0.08 0.55 1.64 3.85 8.64 7.29 7.45 7.66 --
Debt: Low Duration 0.06 0.02 -0.16 0.26 0.96 2.47 1.94 5.10 6.22 7.02 --

As on 17-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 1.22 (06-Sep-2013 - 08-Oct-2013) -0.01 (17-Apr-2018 - 17-May-2018)
Quarter 2.82 (24-Jul-2013 - 23-Oct-2013) 1.08 (02-Nov-2017 - 01-Feb-2018)
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 7.10 0.76 1.83 4.32 1.97 4.63
Debt: Low Duration 5.21 3.16 0.72 1.48 1.95 2.69

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

As on 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 105 110 41 53
Modified Duration (yrs) 0.79 0.84 0.44 0.78
Average Maturity (yrs) 0.90 0.96 0.49 0.95
Yield to Maturity (%) 6.10 8.52 5.87 7.05

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal SIDBI 2020 Certificate of Deposit A1+ 0.00 - 4.12 3.75
new 7.80% GOI 2020 Central Government Loan SOV 0.00 - 3.19 3.19
new Reserve Bank of India 76-D 17/03/2020 Cash Management Bill SOV 0.00 - 3.13 3.13
new Larsen & Toubro 123-D 31/03/2020 Commercial Paper A1+ 0.00 - 2.88 2.88
equal Larsen & Toubro 182-D 28/02/2020 Commercial Paper A1+ 0.00 - 3.04 2.76
equal Andhra Bank 2020 Certificate of Deposit A1+ 0.00 - 2.76 2.51
new Reliance Retail Ltd. 150-D 30/04/2020 Commercial Paper A1+ 0.00 - 2.48 2.48
equal 8.20% Power Finance Corp. 14/09/2020 Bonds/NCDs AAA 0.00 - 3.42 2.44
new First Business Receivable Trust Securitised Debt AAA 0.00 - 0.41 2.29
equal HDFC 337-D 26/05/2020 Commercial Paper A1+ 0.00 - 4.25 1.98
equal Reliance Industries 180-D 18/05/2020 Commercial Paper A1+ 0.00 - 1.98 1.98
equal 8.70% HDFC 15/12/2020 Debenture AAA 0.00 - 3.97 1.93
new Reliance Jio Infocomm 96-D 09/03/2020 Commercial Paper A1+ 0.00 - 1.88 1.88
new Vedanta 91-D 27/03/2020 Commercial Paper A1+ 0.00 - 1.87 1.87
down Bank of Baroda 2020 Certificate of Deposit A1+ 0.00 - 3.01 1.86
up 7.50% Power Finance Corp. 16/08/2021 Debenture AAA 0.00 - 1.66 1.66
equal 8.60% LIC Housing Fin. 14/01/2022 Debenture AAA 0.00 - 1.59 1.43
equal 8.05% National Housing Bank 2022 Non Convertible Debenture AAA 0.00 - 1.59 1.40
equal 7.24% LIC Housing Fin. 23/08/2021 Non Convertible Debenture AAA 0.00 - 2.26 1.39
equal 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 0.00 - 1.46 1.31
new 8.21% Rajasthan State 31/03/2022 State Development Loan SOV 0.00 - 1.31 1.31
equal 7.65% National Housing Bank 25/03/2022 Debenture AAA 0.00 - 3.18 1.27
equal 7.85% L&T Finance 2020 Accrued Income AAA 0.00 - 1.40 1.27
equal 6.95% Reliance Industries 14/12/2020 Debenture AAA 0.00 - 1.58 1.27
equal 8.90% Reliance Jio Infocomm 21/01/2020 Debenture AAA 0.00 - 3.19 1.27

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-Dec-2019

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 17-Jan-2020

Growth: ₹ 2,083.4566

Dividend Weekly: ₹ 1,005.6397

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Dividend Monthly: ₹ 1,009.4067

Dividend Daily: ₹ 1,005.5654


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: 7.71%
Benchmark: NIFTY Low Duration Debt TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 3,949 Cr (As on 31-Dec-2019)
Expense: 0.72% (As on 31-Oct-2018)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily17-Jan-20200.1141

 16-Jan-20200.1041
 15-Jan-20200.0466
 13-Jan-20200.3176
 10-Jan-20200.0341
 09-Jan-20200.2343
 08-Jan-20200.1853
 07-Jan-20200.1834
 06-Jan-20200.2766
 03-Jan-20200.3199
 02-Jan-20200.2496
 01-Jan-20200.2822
 31-Dec-20190.0821
 30-Dec-20190.2511
 27-Dec-20190.1655
 26-Dec-20190.1133
 24-Dec-20190.0377
 23-Dec-20190.3000
 20-Dec-20190.2777
 19-Dec-20190.1537
 18-Dec-20190.2466
 17-Dec-20190.2146
 16-Dec-20190.0342
 04-Dec-20190.2051
 03-Dec-20190.1386
Dividend Weekly13-Jan-20200.9541

 06-Jan-20201.2089
 30-Dec-20190.5666
 23-Dec-20191.1923
 16-Dec-20190.3778
 02-Dec-20191.1271
 25-Nov-20191.0710
 18-Nov-20191.3207
 11-Nov-20190.5141
 04-Nov-20191.3520
 29-Oct-20191.0600
 22-Oct-20191.7951
 14-Oct-20191.1638
 07-Oct-20191.7314
 30-Sep-20190.9240
 16-Sep-20190.6782
 09-Sep-20191.0843
 03-Sep-20191.6424
 26-Aug-20191.5983
 19-Aug-20190.6283
 13-Aug-20191.7684
 05-Aug-20192.0589
 29-Jul-20191.0182
 22-Jul-20191.3683
 15-Jul-20191.7543
Dividend Monthly26-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
 25-May-20181.4907
 25-Apr-20183.9286
 26-Mar-20184.9268
 26-Feb-20183.2385
 25-Jan-20183.1123
 26-Dec-20172.1075

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: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

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