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4 star

Axis Treasury Advantage Fund - Direct Plan


Debt: Low Duration

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 3.85 0.03 0.10 0.33 0.82 2.01 4.11 7.07 7.21 7.66 --
CCIL T Bill Liquidity Weight 1.90 0.01 0.04 0.19 0.44 1.07 2.02 3.20 3.54 3.99 --
Debt: Low Duration 4.37 0.03 0.09 0.32 1.35 2.52 4.72 4.97 5.82 6.60 --
Rank within category 12 11 9 12 7 8 12 5 5 4 --
Number of funds in category 24 24 24 24 24 24 24 24 23 21 0

As on 08-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 - Direct Plan
4 star
Jan-13 4.11 7.07 7.21 0.30% 8,911
ICICI Prudential Savings Fund - Direct Plan  | Invest Now
4 star
Jan-13 4.39 7.33 7.29 0.40% 29,810
HDFC Low Duration Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.60 7.36 7.23 0.44% 21,653
Aditya Birla Sun Life Low Duration Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.40 7.48 7.51 0.40% 17,431
Kotak Low Duration Fund - Standard Plan - Direct Plan  | Invest Online
4 star
Jan-13 4.37 7.49 7.67 0.41% 10,083

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.78 24-Mar-2020 - 31-Mar-2020 -1.03 12-Mar-2020 - 19-Mar-2020
Month 2.39 24-Mar-2020 - 23-Apr-2020 -1.13 25-Feb-2020 - 26-Mar-2020
Quarter 4.45 24-Mar-2020 - 24-Jun-2020 0.03 24-Dec-2019 - 24-Mar-2020
Year 10.49 26-Jul-2013 - 28-Jul-2014 4.05 26-Nov-2020 - 26-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.91 1.02 3.08 8.18 1.44 4.01
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Low Duration 5.11 4.37 1.60 3.37 -0.78 0.85
Rank within category 5 5 4 1 19 3
Number of funds in category 24 24 24 24 24 24

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 64
Modified Duration (yrs) 0.59 0.81 0.54 0.63
Average Maturity (yrs) 1.01 1.06 0.70 0.99
Yield to Maturity (%) 4.47 4.47 3.97 4.90
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

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:


0.03%

Change from previous, NAV as on 08-Dec-2021

Growth: ₹ 2,556.1032

IDCW Weekly: ₹ 1,012.0132

More

IDCW Monthly: ₹ 1,011.2285

IDCW Daily: ₹ 1,012.4737


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 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.06%
Benchmark: NIFTY Low Duration Debt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 8,911 Cr (As on 30-Nov-2021)
Expense: 0.30% (As on 31-Oct-2021)
Risk Grade: Below Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily08-Dec-20210.3248

 07-Dec-20210.0545
 06-Dec-20210.3264
 03-Dec-20210.0845
 02-Dec-20210.1871
 01-Dec-20210.0683
 30-Nov-20210.2213
 29-Nov-20210.2349
 26-Nov-20210.1216
 25-Nov-20210.0872
 23-Nov-20210.0433
 22-Nov-20210.4029
 18-Nov-20210.1729
 17-Nov-20210.0928
 16-Nov-20210.1111
 15-Nov-20210.3671
 12-Nov-20210.0267
 11-Nov-20210.0802
 10-Nov-20210.0849
 09-Nov-20210.2054
 08-Nov-20210.8890
 03-Nov-20210.1646
 02-Nov-20210.0363
 01-Nov-20210.1073
 25-Oct-20210.1305
IDCW Weekly06-Dec-20210.8873

 29-Nov-20210.4867
 22-Nov-20210.7793
 15-Nov-20210.7641
 08-Nov-20211.0893
 01-Nov-20210.1072
 25-Oct-20210.3797
 18-Oct-20210.8792
 11-Oct-20210.6181
 04-Oct-20210.6679
 27-Sep-20210.2535
 20-Sep-20210.5633
 13-Sep-20210.5191
 06-Sep-20211.1004
 30-Aug-20210.9585
 23-Aug-20210.8512
 17-Aug-20211.4915
 09-Aug-20210.6172
 02-Aug-20210.8454
 26-Jul-20210.9211
 19-Jul-20211.4744
 12-Jul-20211.0383
 05-Jul-20210.9916
 28-Jun-20210.3419
 14-Jun-20211.2447
IDCW Monthly25-Nov-20212.8679

 25-Oct-20212.5429
 27-Sep-20213.1608
 25-Aug-20214.0349
 26-Jul-20214.5702
 25-Jun-20212.8189
 25-May-20213.9875
 26-Apr-20215.1500
 25-Mar-20213.5106
 25-Feb-20213.0524
 25-Jan-20211.4404
 28-Dec-20202.9348
 25-Nov-20205.0493
 26-Oct-20207.0872
 25-Sep-20204.0696
 25-Aug-20203.0995
 27-Jul-20208.1538
 25-Jun-20206.0433
 26-May-202012.1182
 27-Apr-20209.4407
 25-Feb-20204.4919
 27-Jan-20204.6948
 26-Dec-20193.0447
 25-Nov-20194.8308
 25-Oct-20196.5155

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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