Axis Treasury Advantage Fund Direct Growth
DebtLow DurationLow to Moderate Risk
Direct
NAV (19-Sep-24)
₹3045.210.06%1D
Returns (Since Inception)
7.69%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹5,525 Cr
Expense Ratio
0.35%
ISIN
INF846K01EN1
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Axis Treasury Advantage Fund Direct Growth is a Low Duration mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 11 years, 8 months and 19 days, having been launched on 01-Jan-13.
As of 19-Sep-24, it has a Net Asset Value (NAV) of ₹3045.21, Assets Under Management (AUM) of 5525.47 Crores, and an expense ratio of 0.35%.
As of 19-Sep-24, it has a Net Asset Value (NAV) of ₹3045.21, Assets Under Management (AUM) of 5525.47 Crores, and an expense ratio of 0.35%.
- Axis Treasury Advantage Fund Direct Growth has given a CAGR return of 7.69% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 70.04% in debts, and 29.72% in cash & cash equivalents.
- You can start investing in Axis Treasury Advantage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.73%
+6.53% (Cat Avg.)
3 Years
+6.27%
+5.61% (Cat Avg.)
5 Years
+6.33%
+5.68% (Cat Avg.)
10 Years
+7.38%
+5.68% (Cat Avg.)
Since Inception
+7.69%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Debt | ₹3,870.13 Cr | 70.04% |
| Others | ₹1,655.34 Cr | 29.96% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Bank of Baroda | Bond - Corporate Bond | ₹385.6 Cr | 6.89% |
| 7.72% Govt Stock 2028 | Bond - Gov't/Treasury | ₹241.44 Cr | 4.31% |
| Kotak Mahindra Prime Limited | Cash - Commercial Paper | ₹199.51 Cr | 3.56% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹199.08 Cr | 3.56% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹163.27 Cr | 2.92% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹153.7 Cr | 2.75% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹149.21 Cr | 2.66% |
| 8.34% Govt Stock 2033 | Bond - Gov't/Treasury | ₹144.17 Cr | 2.57% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹124.3 Cr | 2.22% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹121.14 Cr | 2.16% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹104.89 Cr | 1.87% |
| SANSAR JUNE 2024 TRUST | Bond - Asset Backed | ₹100.14 Cr | 1.79% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹100.05 Cr | 1.79% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹99.97 Cr | 1.79% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹99.93 Cr | 1.78% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹99.52 Cr | 1.78% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹96.73 Cr | 1.73% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹93.1 Cr | 1.66% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹89.49 Cr | 1.60% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹85.32 Cr | 1.52% |
| Net Receivables / (Payables) | Cash - Collateral | ₹-85.24 Cr | 1.52% |
| Tata Realty And Infrastructure Limited | Bond - Corporate Bond | ₹75.09 Cr | 1.34% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹75.03 Cr | 1.34% |
| ICICI Home Finance Company Limited | Bond - Corporate Bond | ₹74.98 Cr | 1.34% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹74.66 Cr | 1.33% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹74.12 Cr | 1.32% |
| 91 DTB 21112024 | Bond - Gov't/Treasury | ₹73.92 Cr | 1.32% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹72.58 Cr | 1.30% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹72.07 Cr | 1.29% |
| Shriram Finance Ltd. 8.75% | Bond - Corporate Bond | ₹70.29 Cr | 1.26% |
| Godrej Properties Limited | Bond - Corporate Bond | ₹64.77 Cr | 1.16% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹60.23 Cr | 1.08% |
| DLF Cyber City Developers Limited 8.4% | Bond - Corporate Bond | ₹52.13 Cr | 0.93% |
| 08.21 Wb SDL 2025 | Bond - Gov't/Treasury | ₹50.52 Cr | 0.90% |
| FIRST BUSINESS RECEIVABLES TRUST | Bond - Asset Backed | ₹50.4 Cr | 0.90% |
| Shriram Transport Finance Company Limited | Bond - Corporate Bond | ₹50.19 Cr | 0.90% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹50.17 Cr | 0.90% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹50.15 Cr | 0.90% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹50.14 Cr | 0.90% |
| Nomura Capital (India) Pvt. Ltd. | Bond - Corporate Bond | ₹50.08 Cr | 0.89% |
| Aditya Birla Finance Limited | Bond - Corporate Bond | ₹50 Cr | 0.89% |
| Smfg India Credit Company Limited | Bond - Corporate Bond | ₹49.91 Cr | 0.89% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹49.9 Cr | 0.89% |
| HDB Financial Services Ltd. 8.04% | Bond - Corporate Bond | ₹49.88 Cr | 0.89% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹49.84 Cr | 0.89% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹49.75 Cr | 0.89% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹48.62 Cr | 0.87% |
| Barclays Investments & Loans (India) Private Limited | Cash - Commercial Paper | ₹48.46 Cr | 0.87% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹48.43 Cr | 0.87% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹48.4 Cr | 0.86% |
| Barclays Investments & Loans (India) Private Limited | Cash - Commercial Paper | ₹48.33 Cr | 0.86% |
| Indusind Bank Ltd. | Bond - Corporate Bond | ₹48.3 Cr | 0.86% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹48.29 Cr | 0.86% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹48.24 Cr | 0.86% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹48.23 Cr | 0.86% |
| LIC Housing Finance Ltd. | Cash - Commercial Paper | ₹48.04 Cr | 0.86% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹47.86 Cr | 0.85% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹45.11 Cr | 0.81% |
| 08.20 RJ Sdl 2025 | Bond - Gov't/Treasury | ₹40.4 Cr | 0.72% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹39.93 Cr | 0.71% |
| SANSAR TRUST NOV 2023 II | Bond - Asset Backed | ₹35.95 Cr | 0.64% |
| ICICI Home Finance Company Limited | Bond - Corporate Bond | ₹35.01 Cr | 0.63% |
| Aadhar Housing Finance Ltd. 8.65% | Bond - Corporate Bond | ₹30.12 Cr | 0.54% |
| Rec Limited | Bond - Corporate Bond | ₹29.29 Cr | 0.52% |
| India Grid Trust 7.88% | Bond - Corporate Bond | ₹25.13 Cr | 0.45% |
| Godrej Finance Ltd. 8.75% | Bond - Corporate Bond | ₹25.1 Cr | 0.45% |
| Motherson Sumi Systems Limited | Bond - Corporate Bond | ₹25.05 Cr | 0.45% |
| Muthoot Finance Ltd. 8.9% | Bond - Corporate Bond | ₹25.03 Cr | 0.45% |
| Fullerton India Credit Company Ltd | Bond - Corporate Bond | ₹25.02 Cr | 0.45% |
| Nexus Select Trust | Bond - Corporate Bond | ₹25.01 Cr | 0.45% |
| Kotak Mahindra Investments Limited 8.1577% | Bond - Corporate Bond | ₹24.99 Cr | 0.45% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹24.98 Cr | 0.45% |
| Mindspace Business Parks Reit | Bond - Corporate Bond | ₹24.9 Cr | 0.44% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.88 Cr | 0.44% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.87 Cr | 0.44% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.85 Cr | 0.44% |
| India Grid TRust | Bond - Corporate Bond | ₹24.85 Cr | 0.44% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.32 Cr | 0.43% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹24.31 Cr | 0.43% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹24.21 Cr | 0.43% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹24.11 Cr | 0.43% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹20.09 Cr | 0.36% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹19.65 Cr | 0.35% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹15.05 Cr | 0.27% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹15.01 Cr | 0.27% |
| SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 | Mutual Fund - Open End | ₹13.38 Cr | 0.24% |
| 08.07 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹10.05 Cr | 0.18% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹10.01 Cr | 0.18% |
| Tmf Holdings Limited | Bond - Corporate Bond | ₹9.96 Cr | 0.18% |
| Axis Finance Limited | Bond - Corporate Bond | ₹9.95 Cr | 0.18% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹4.98 Cr | 0.09% |
| Godrej Housing Finance Limited | Bond - Corporate Bond | ₹1.5 Cr | 0.03% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹0.71 Cr | 0.01% |
| Dme Development Limited | Bond - Corporate Bond | ₹0.43 Cr | 0.01% |
| Dme Development Limited | Bond - Corporate Bond | ₹0.43 Cr | 0.01% |
| Dme Development Limited | Bond - Corporate Bond | ₹0.43 Cr | 0.01% |
| Dme Development Limited | Bond - Corporate Bond | ₹0.42 Cr | 0.01% |
| Dme Development Limited | Bond - Corporate Bond | ₹0.42 Cr | 0.01% |
| Dme Development Limited | Bond - Corporate Bond | ₹0.42 Cr | 0.01% |
| Dme Development Limited | Bond - Corporate Bond | ₹0.42 Cr | 0.01% |
| Dme Development Limited | Bond - Corporate Bond | ₹0.42 Cr | 0.01% |
| Dme Development Limited | Bond - Corporate Bond | ₹0.42 Cr | 0.01% |
| Dme Development Limited | Bond - Corporate Bond | ₹0.42 Cr | 0.01% |
| 08.32 MH Sdl 2025 | Bond - Gov't/Treasury | ₹0.38 Cr | 0.01% |
| Interest Rate Swaps Pay Fix Receive Floating -Nomura (26/06/2026) (Fv 5000 | Interest Rate Swap | ₹-0.24 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating -Icici Bank (16/07/2026) (Fv 5 | Interest Rate Swap | ₹-0.23 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating -Nomura (10/07/2026) (Fv 2500 | Interest Rate Swap | ₹-0.12 Cr | 0.00% |
| Interest Rate Swaps Pay Floating Receive Fix -Hsbc Bank (18/04/2025) (Fv 50 | Interest Rate Swap | ₹0.05 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating -Nomura (02/01/2025) (Fv 5000 | Interest Rate Swap | ₹-0.02 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating -Nomura (06/01/2025) (Fv 5000 | Interest Rate Swap | ₹-0.02 Cr | 0.00% |
| Interest Rate Swaps Pay Floating Receive Fix -Icisecpd (26/06/2025) (Fv 250 | Interest Rate Swap | ₹-0 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating -Hsbc Bank (27/09/2024) (Fv 10 | Interest Rate Swap | ₹0 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹3,582.63 Cr | 63.99% |
| Cash - CD/Time Deposit | ₹721.92 Cr | 12.89% |
| Bond - Gov't/Treasury | ₹714.59 Cr | 12.76% |
| Cash - Commercial Paper | ₹416.93 Cr | 7.45% |
| Bond - Asset Backed | ₹186.49 Cr | 3.33% |
| Cash - Collateral | ₹-85.24 Cr | 1.52% |
| Bond - Gov't Agency Debt | ₹48.29 Cr | 0.86% |
| Mutual Fund - Open End | ₹13.38 Cr | 0.24% |
| Cash - Repurchase Agreement | ₹0.71 Cr | 0.01% |
| Interest Rate Swap | ₹-0.58 Cr | 0.01% |
Risk & Performance Ratios
Standard Deviation
This fund
0.64%
Cat. avg.
0.86%
Lower the better
Sharpe Ratio
This fund
0.63
Cat. avg.
-0.65
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.35
Higher the better
Fund Managers
Devang Shah
Since June 2016
AP
Aditya Pagaria
Since August 2016
Additional Scheme Detailsas of 31st August 2024
ISIN | INF846K01EN1 | Expense Ratio | 0.35% | Exit Load | No Charges | Fund Size | ₹5,525 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY Low Duration Debt Index TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Low Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Mahindra Manulife Low Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹565.96 Cr | 7.8% |
| Mahindra Manulife Low Duration Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹565.96 Cr | 6.9% |
| Tata Treasury Advantage Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹2641.14 Cr | 7.2% |
| Kotak Low Duration Fund Regular Growth Low to Moderate Risk | 1.2% | 0.0% | ₹9489.09 Cr | 6.9% |
| Mirae Asset Savings Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1409.40 Cr | 7.1% |
| HDFC Low Duration Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹17345.52 Cr | 7.1% |
| Bandhan Low Duration Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹5868.00 Cr | 7.2% |
| Canara Robeco Savings Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹1205.05 Cr | 7.2% |
| ICICI Prudential Savings Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹19996.95 Cr | 7.6% |
| Sundaram Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹337.07 Cr | 7.2% |
About the AMC
Total AUM
₹3,09,497 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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Still got questions?
We're here to help.
What is the current NAV of Axis Treasury Advantage Fund Direct Growth?
The NAV of Axis Treasury Advantage Fund Direct Growth, as of 19-Sep-2024, is ₹3045.21.
What are the returns of Axis Treasury Advantage Fund Direct Growth?
The fund has generated 7.73% over the last 1 year and 6.27% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Axis Treasury Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 70.04% in bonds, and 29.72% in cash and cash equivalents.
Who manages the Axis Treasury Advantage Fund Direct Growth?
The fund managers responsible for Axis Treasury Advantage Fund Direct Growth are:-
- Devang Shah
- Aditya Pagaria
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.