December 26, 2023
mayank
Axis Treasury Advantage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 2,874.7115
NAV IDCW Weekly: Rs 1,012.4005
Monthly NAV IDCW: Rs 1,014.3802
Suitable For Which Investors?
“Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Retail investors can avoid these funds altogether. Here’s why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there’s a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don’t need for up to a year in a Liquid fund.”
Fund’s Investment Strategy:
The fund seeks to generate reasonable return commensurate with low risk and high degree of liquidity from a portfolio of money market and short term debt securities.
Fund Manager:
1) Aditya Pagaria
Education: Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College.
Experience: Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager – Fixed Income Operations.
2) Devang Shah
Education: Mr. Shah is B.Com and ACA.
Experience: Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Axis Treasury Advantage Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.66% |
| Benchmark | NIFTY Low Duration Debt Index B-I |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 5,171 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.32% |
| (As on 30-Nov-2023) | |
| Risk Grade | Average |
| Return Grade | Average |
Axis Treasury Advantage Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Treasury Advtg Dir | 7.18 | 0.02 | 0.59 | 1.63 | 3.40 | 7.37 | 5.36 | 6.58 | 6.84 | 7.47 |
| CCIL T Bill Liquidity Weight | 4.32 | 0.04 | 0.44 | 1.15 | 2.23 | 4.47 | 3.00 | 3.29 | 3.52 | 4.04 |
| Debt: Low Duration | 7.18 | 0.03 | 0.58 | 1.64 | 3.46 | 7.35 | 5.50 | 6.12 | 6.44 | 7.17 |
| Rank within category* | 10 | 10 | 6 | 14 | 13 | 9 | 10 | 5 | 5 | 4 |
| Number of funds in category* | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 19 | 17 |
Peer Comparison of Axis Treasury Advantage Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Axis Treasury Advtg Dir | 3 star | 7.37 | 5.36 | 6.58 | 0.32 | 5,171 | 7.66 | — | 10Y 11M |
| HDFC Low Duration Dir | 4 star | 7.66 | 5.57 | 6.82 | 0.45 | 15,801 | 7.67 | — | 10Y 11M |
| ABSL Low Duration Dir | 4 star | 7.56 | 5.66 | 6.95 | 0.38 | 12,762 | 7.98 | — | 10Y 11M |
| Nippon Ind Low Duration Dir | 4 star | 7.38 | 5.67 | 6.48 | 0.38 | 6,513 | 7.63 | — | 10Y 11M |
| UTI Low Duration Dir | 5 star | 7.24 | 6.94 | 4.73 | 0.35 | 3,521 | 6.83 | — | 10Y 11M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 112 | 69 |
| Macaulay Duration (yrs) | 0.87 | 0.78 |
| Average Maturity (yrs) | 1.51 | 1.19 |
| Yield to Maturity (%) | 7.77 | 7.74 |
| Avg Credit Rating | AAA | — |
How to Invest in Axis Treasury Advantage Fund?
Chanakya’s Mutual Fund Guidance For Axis Treasury Advantage Fund
Apply Online: https://www.axismf.com/mutual-funds
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