Axis Treasury Advantage Fund Direct Growth
Debt
Direct
Low Duration
NAV as on 26-11-2024
₹ 3090.3
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
- 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.
- The fund has an expense ratio 0.4.
Returns
Axis Treasury Advantage Fund Direct Growth has given a CAGR return of 7.70% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.10%, 6.58% and 6.32% 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, National Bank For Agriculture And Rural Development
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
Axis Treasury Advantage Fund Direct Growth Overview
| Expense ratio | 0.35% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹6301 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 slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (26-Nov-24)
Fund Distribution
as on (31-Dec-69)
- 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
Top 3 Sectors in October were Corporate, Government & Securitize
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.3% Govt Stock 2028 | 3.68% | -4.2% | |
Small Industries Development Bank Of India | 3.17% | 0% | |
Nexus Select Trust | 2.39% | 500% | |
National Bank For Agriculture And Rural Development | 1.98% | 25% | |
National Bank For Agriculture And Rural Development | 1.98% | 66.7% |
Mutual Fund Insights
Axis Treasury Advantage Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹6301 Cr
Expense Ratio 0.35%
Frequently Asked Questions for Axis Treasury Advantage Fund Direct Growth
Axis Treasury Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.64% | 0.64% |
6 Month Returns | 3.98% | 3.98% |
1 Year Returns | 8.1% | 8.1% |
3 Years Returns | 21.08% | 6.58% |
5 Years Returns | 35.84% | 6.32% |
- 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.
AAA | 85.82 |
AA | 14.18 |