Axis Treasury Advantage Fund Direct Growth

Axis Treasury Advantage Fund Direct Growth

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Debt
Direct
Low Duration
NAV: ₹ 2983.18 as on 13-06-2024

About the Fund

Axis Treasury Advantage Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Devang Shah, Aditya Pagaria. This fund is suitable to keep your money safe.

Key Parameters

  1. Axis Treasury Advantage Fund Direct Growth has ₹5468 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

Axis Treasury Advantage Fund Direct Growth has given a CAGR return of 7.69% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.48%, 5.96% and 6.45% respectively.

Holdings

Axis Treasury Advantage Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Bank Of Baroda, 182 DTB 29082024, Punjab National Bank, Bank Of Baroda, Cholamandalam Investment & Finance Co Ltd.

Taxation

As it is a low duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Axis Treasury Advantage Fund Direct Growth

To provide optimal returns and liquidity to the investors by investing primarily in a mix of money market and short term debt instruments which results in a portfolio having marginally higher maturity as compared to a liquid fund at the same time maintaining a balance between safety and liquidity. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Axis Treasury Advantage Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
107 people have invested ₹ 22.2L in Axis Treasury Advantage Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.31%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹5468 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
345.48%

Axis Treasury Advantage Fund Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
87.2%
AA
12.8%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
63.1%
Cash Equivalent
23.7%
Government
13.2%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 5.5K Cr
₹ 5.1K Cr
₹ 4.8K Cr
  • AUM of the fund stands at 5.5K Cr as of Apr'24
  • AUM increased by 363.7 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of Axis Treasury Advantage Fund Direct Growth as on (31-May-24)

  • Debt & Cash

Debt Holdings97
Holdings
Weight%
1M Change
Bank Of Baroda
Bank Of Baroda
6.21%
100%
182 DTB 29082024
182 DTB 29082024
3.6%
0%
Punjab National Bank
Punjab National Bank
3.04%
0%
Bank Of Baroda
Bank Of Baroda
2.67%
100%
Cholamandalam Investment & Finance Co Ltd.
Cholamandalam Investment & Finance Co Ltd.
2.66%
0%

Mutual Fund Insights

Insights icon
In the last 3 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.53% return, outperforming this fund by 1.57% per annum.
Insights icon
Over the last 1 month, this fund has increased expense ratio by 6.9% moving from 0.29 to 0.31.
Insights icon
This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.31% which is lower than the category average expense ratio of 0.67%.
Insights icon
In the last 1 year, ICICI Prudential Savings Fund Direct Plan Growth has given 7.91% return, outperforming this fund by 0.43%.
Insights icon
In the last 5 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.25% return, outperforming this fund by 0.8% per annum.

Fund Manager

Devang Shah
Devang Shah
Fund Manager of Axis Treasury Advantage Fund Direct Growth, since 7 June 2016
Aditya Pagaria
Aditya Pagaria
Fund Manager of Axis Treasury Advantage Fund Direct Growth, since 13 August 2016

Axis Treasury Advantage Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.69% since inception which is more than its category average return of 4.97%
AUM size ₹5468 Cr

AUM size ₹5468 Cr

This fund has AUM of ₹5468 Cr which is more than its category average of ₹ 3745 Cr
Expense Ratio 0.31%

Expense Ratio 0.31%

This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions

The current NAV of Axis Treasury Advantage Fund Direct Growth is ₹2983.18 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
Axis Treasury Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.65%
0.65%
6 Month Returns
3.99%
3.99%
1 Year Returns
7.48%
7.48%
3 Years Returns
18.96%
5.96%
5 Years Returns
36.67%
6.45%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.31% as on May 2024
₹5468 Cr as on May 2024
Bank Of Baroda(6.21%), 182 DTB 29082024(3.6%), Punjab National Bank(3.04%), Bank Of Baroda(2.67%), Cholamandalam Investment & Finance Co Ltd.(2.66%) as on May 2024
Corporate(64.84%), Cash Equivalent(22.22%), Government(12.94%) as on May 2024
Yield to Maturity is 7.68 as on May 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.92 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
87.18
AA
12.82
Devang Shah, Aditya Pagaria are the fund managers of Axis Treasury Advantage Fund Direct Growth
The Exit load of Axis Treasury Advantage Fund Direct Growth is 0%