Axis Treasury Advantage Fund Direct Growth

Axis Treasury Advantage Fund Direct Growth

Debt

Direct

Low Duration

NAV as on 10-12-2024

₹ 3099.75

0.1%

1D

Inception Returns

7.7%

/yr

About Axis Treasury Advantage Fund Direct Growth

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 ₹6301 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Axis Treasury Advantage Fund Direct Growth has given a CAGR return of 7.71% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.13%, 6.63% and 6.35% respectively.

Holdings

Axis Treasury Advantage Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government, Securitize. Its top holdings are 7.3% Govt Stock 2028, Small Industries Development Bank Of India, Nexus Select Trust, National Bank For Agriculture And Rural Development, 7.93% Govt Stock 2033

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
96 people have invested ₹ 13L in Axis Treasury Advantage Fund Direct Growth in the last three months

Axis Treasury Advantage Fund Direct Growth Overview

Expense ratio0.35%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹6301 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
332.82%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (10-Dec-24)

Period
Axis Treasury Advantage Fund Direct Growth
Low Duration Index
1M
0.6%
0.4%
3M
2%
1.7%
6M
4%
3.6%
1Y
8.1%
7.4%
3Y
6.6%
6.1%
5Y
6.4%
6%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
85.8%

AA
14.2%

Sector Allocation

Oct'24

Sep'24

Aug'24

Corporate
63.8%
Government
20.3%
Cash Equivalent
15.1%
Securitize
0.8%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 6.2K Cr
₹ 6K Cr
₹ 5.6K Cr
  • AUM of the fund stands at 6.2K Cr as of Oct'24
  • AUM increased by 144.9 Cr between Oct'24 and Sep'24
Cash allocation has gone down from 32.2% to 30.8%
Cash allocation has gone down from 32.2% to 30.8%
Debt allocation has gone up from 67.6% to 69%
Debt allocation has gone up from 67.6% to 69%

Top 3 Sectors in October were Corporate, Government & Securitize

Oct'24
Corporate
64%
Government
20%
Securitize
Sep'24
Corporate
68%
Government
17%
Securitize
  • Debt & Cash

Holdings
Weight%
1M Change
7.3% Govt Stock 2028
7.3% Govt Stock 2028
3.74%
-4.2%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
3.22%
0%
Nexus Select Trust
Nexus Select Trust
2.43%
500%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
2.01%
25%
7.93% Govt Stock 2033
7.93% Govt Stock 2033
1.91%
55.6%
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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
Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹3.35L Cr
as on 31-Oct-2024
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Website
customerservice@axismf.com

Mutual Fund Insights

Insights icon
Over the last 3 months, this fund has experienced a 21.4% growth in AUM moving from 5.18K Cr to 6.30K Cr.
Insights icon
This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.35% which is lower than the category average expense ratio of 0.67%.
Insights icon
In the last 5 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.19% return, outperforming this fund by 0.84% per annum.
Insights icon
In the last 3 years, Aditya Birla Sun Life Low Duration Direct Plan Growth has given 6.83% return, outperforming this fund by 0.2% per annum.
Insights icon
Over the last 3 months, this fund has increased expense ratio by 12.9% moving from 0.31 to 0.35.
Insights icon
In the last 1 year, Kotak Low Duration Fund- Direct Plan- Growth Option has given 8.25% return, outperforming this fund by 0.12%.

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 7.71% since inception which is more than its category average return of 5.04%
AUM size ₹6301 Cr

AUM size ₹6301 Cr

This fund has AUM of ₹6301 Cr which is more than its category average of ₹ 4380 Cr
Expense Ratio 0.35%

Expense Ratio 0.35%

This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions for Axis Treasury Advantage Fund Direct Growth

The current NAV of Axis Treasury Advantage Fund Direct Growth is ₹3099.75 as on 10-Dec-2024.
Existing (Absolute + CAGR) as on 10-Dec-2024.
Axis Treasury Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.64%
0.64%
6 Month Returns
4.04%
4.04%
1 Year Returns
8.13%
8.13%
3 Years Returns
21.25%
6.63%
5 Years Returns
36.07%
6.35%
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.
0.35% as on November 2024
₹6301 Cr as on November 2024
7.3% Govt Stock 2028(3.74%), Small Industries Development Bank Of India(3.22%), Nexus Select Trust(2.43%), National Bank For Agriculture And Rural Development(2.01%), 7.93% Govt Stock 2033(1.91%) as on November 2024
Corporate(46.84%), Cash Equivalent(35.68%), Government(16.69%) as on November 2024
Yield to Maturity is 7.55 as on November 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 0.93 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
85.82
AA
14.18
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%