Axis Treasury Advantage Fund(G)

Axis Treasury Advantage Fund-Reg(G)
Dividend Yearly
NA
Category
Debt - Ultra Short Term
52-week NAV high
2,384.07  (As on 04-01-2021)
52-week NAV low
2,216.29  (As on 24-03-2020)
Expense
0.61%  (As on 30-11-2020)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 0.38 1.42 2.76 7.35 8.05 7.80 7.47 7.62 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Oct 09, 2009
Last Dividend
NA
Minimum Investment
5000

The Axis Treasury Advantage Fund - Growth Option is an open-ended debt scheme offered by Axis Mutual Fund and managed by Axis Asset Management Company Limited. The trustee of the fund house is Axis Mutual Fund Trustee Limited and its sponsor is Axis Bank Limited.

Investment Objective of the Axis Treasury Advantage Fund - Growth Option

The investment objective of the Axis Treasury Advantage Fund - Growth Option is to offer optimal returns to investors along with liquidity via investment predominantly in a combination of short-term debt securities and money market instruments. As such, the scheme has a portfolio that has marginally higher maturity in comparison with a liquid scheme and maintains a balance between liquidity and safety at the same time.

Key Features of the Axis Treasury Advantage Fund - Growth Option

Some of the significant features of the Axis Treasury Advantage Fund - Growth Option are as indicated in the table below:

Type of fund

Open-ended debt scheme

Plans available

  • Axis Treasury Advantage Fund
  • Axis Treasury Advantage Fund - Direct Plan

Options under each plan

Both the Regular Plan and the Direct Plan come with the following options:

  • Growth option
  • Dividend option

The Dividend option comes with the following sub-options:

  • Payout (Monthly, Weekly and Daily)
  • Reinvestment (Monthly, Weekly and Daily)

Risk

Moderately Low

Systematic Investment Plan

Available

Systematic Transfer Plan

Available

Systematic Withdrawal Plan

Available

Investment Amount for the Axis Treasury Advantage Fund - Growth Option

Here is the information regarding the investment amounts and loads:

Minimum application amount

Rs.5,000 and in multiples of Re.1 thereafter

Minimum additional investment

Rs.1,000 and in multiples of Re.1 thereafter

Minimum instalment for Systematic Investment Plan (SIP)

  • For Monthly SIP: Rs.1,000 and in multiples of Re.1 (minimum of 12 instalments), and Rs.500 and in multiples of Rs.500 (minimum of sic instalments)
  • For Yearly SIP: Rs.12,000 and in multiples of Re.1 (minimum of three instalments)

Entry Load

Not Applicable

Exit Load

Nil

Asset Allocation for the Axis Treasury Advantage Fund - Growth Option

Instruments

Allocations (Percentage of total assets)

Risk Profile

Debt and money market securities with maturity / residual maturity / average maturity / interest rate resets under or equal to a year

70% to 100%

Low

Debt securities with maturity / residual maturity / average maturity / interest rate resets more than a year

0% to 30%

Low to Medium

NAV Disclosure and Benchmark for the Axis Treasury Advantage Fund - Growth Option

Axis Asset Management Company Limited calculates the Net Asset Value of the Axis Treasury Advantage Fund - Growth Option on every business day and publishes the same in at least two national dailies that are circulated across India. Axis Asset Management Company Limited also updates the Net Asset Value of the Axis Treasury Advantage Fund - Growth Option on its website and the website of the Association of Mutual Funds in India by 9:00 p.m. on each business day.

The benchmark adopted by the Axis Treasury Advantage Fund - Growth Option is CRISIL Liquid Fund Index.

Axis Treasury Advantage Fund - Growth Option Fund Manager

The Axis Treasury Advantage Fund - Growth Option is managed by Mr. Devang Shah who is presently the Fund Manager for Fixed Income at Axis Asset Management Company Ltd. He has been in charge of the scheme for less than a year, and his past work experience includes roles at high-profile companies such as ICICI Prudential Asset Management Company Ltd., PricewaterhouseCoopers, and Deutsche Asset Management Pvt. Ltd. Mr. Shah also manages a few other schemes for Axis Mutual Fund, such as Axis Liquid Fund, Axis Income Fund, Axis Enhanced Arbitrage Fund, Axis Constant Maturity 10 year Fund, Axis Fixed Income Opportunities Fund, etc.

Why you should Invest in the Axis Treasury Advantage Fund - Growth Option

The Axis Treasury Advantage Fund - Growth Option is a suitable investment option for those who want regular income over the short term by investing in money market and debt securities.

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