Debt
Direct
Low Duration
NAV as on 04-09-2024
₹ 3036.05
Inception Returns
7.7%
/yr
Axis Treasury Advantage Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Aditya Pagaria, Devang Shah. This fund is suitable to keep your money safe.
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 7.72%, 6.20% and 6.33% respectively.
Axis Treasury Advantage Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government, Securitize. Its top holdings are 7.72% Govt Stock 2028, 182 DTB 29082024, Rural Electrification Corporation Limited, Power Finance Corporation Ltd., Small Industries Development Bank Of India
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.
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 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.
Expense ratio | 0.32% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹5190 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 332.82% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Low to Moderate Risk |
as on (04-Sep-24)
as on (31-Dec-69)
Top 2 Sectors in July were Corporate, Government
Axis Treasury Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.62% | 0.62% |
6 Month Returns | 4.05% | 4.05% |
1 Year Returns | 7.72% | 7.72% |
3 Years Returns | 19.77% | 6.2% |
5 Years Returns | 35.91% | 6.33% |
AAA | 87.03 |
AA | 12.97 |