Axis Treasury Advantage Fund-Reg(G)

View the direct plan of this scheme

Rs 2906.2204   0.4391(0.015 %) NAV as on 10 Sep 2024
Prime Rating: 3 
Prime Recommendation: Upgrade to see

Fund type:
Debt
AUM (in crores):
₹ 5,599.1
Fund category:
Low Duration
Fund manager(s):
Devang Shah, Aditya Pagaria
Benchmark:
NIFTY Low Duration Debt Index
Minimum investment:
₹ 5000
Launch date:
09 Oct 2009
Min. additional investment:
₹ 1000
Expense ratio:
0.63 %
Exit load:
N/A

Scheme Objective: The investment objective is 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.


Performance (As on 10 Sep 2024)

>
1 week returns3 month returns6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme0.11 % 1.86 %3.84 % 7.30 % 5.86 %5.97 % 7.41 %

Portfolio

Top 10 instruments
Type
Allocation (%)
Rating
Bank of Baroda (03/03/2025)
Certificate of Deposit
6.89%
IND A1+
4.04% Government of India (04/10/2028)
Government Securities
4.31%
Sovereign
Kotak Mahindra Prime Limited (13/09/2024) **
Commercial Paper
3.56%
CRISIL A1+
7.43% Small Industries Dev Bank of India (31/08/2026)
Corporate Debt
3.56%
CRISIL AAA
5.23% National Bank For Agriculture and Rural Development (31/01/2025) **
Corporate Debt
2.92%
CRISIL AAA
7.32% Government of India (13/11/2030)
Government Securities
2.75%
Sovereign
7.13% Power Finance Corporation Limited (08/08/2025) **
Corporate Debt
2.66%
CRISIL AAA
4.7% Government of India (22/09/2033)
Government Securities
2.57%
Sovereign
7.2% National Bank For Agriculture and Rural Development (23/09/2025) **
Corporate Debt
2.22%
ICRA AAA
HDFC Bank Limited (03/02/2025)
Certificate of Deposit
2.16%
CARE A1+

About this category

Low duration debt funds invest in debt instruments such as commercial paper, certificate of deposits, treasury bills and other money market instruments. They maintain an average portfolio maturity of around 1 year. These funds may deliver losses on a day-to-day basis but are generally low volatile. While most funds pick instruments that have a high credit rating, some can go into papers with lower credit ratings in order to deliver higher return.

Suitability

These funds suit any investor with investment horizons of 6 months to a year. Ensure that funds do not have a high share of low-rated debt. These funds can also be used to maintain emergency money as well.

Taxation
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