Axis Treasury Advantage Fund Direct Growth
DebtLow DurationLow to Moderate Risk
Direct
NAV (17-May-24)
₹2967.000.02%1D
Returns (Since Inception)
7.69%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹5,465 Cr
Expense Ratio
0.31%
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, 4 months and 17 days, having been launched on 01-Jan-13.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹2967.00, Assets Under Management (AUM) of 5464.57 Crores, and an expense ratio of 0.31%.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹2967.00, Assets Under Management (AUM) of 5464.57 Crores, and an expense ratio of 0.31%.
- 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, 42.45% in debts, and 57.33% 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
+7.45%
+6.08% (Cat Avg.)
3 Years
+5.90%
+5.12% (Cat Avg.)
5 Years
+6.50%
+5.05% (Cat Avg.)
10 Years
+7.41%
+5.61% (Cat Avg.)
Since Inception
+7.69%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Debt | ₹2,319.5 Cr | 42.45% |
| Others | ₹3,145.08 Cr | 57.55% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Bank Of Baroda | Cash - CD/Time Deposit | ₹361.67 Cr | 6.62% |
| 182 DTB 29082024 | Bond - Gov't/Treasury | ₹195.49 Cr | 3.58% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹188.3 Cr | 3.45% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹166.72 Cr | 3.05% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹165.38 Cr | 3.03% |
| Net Receivables / (Payables) | Cash | ₹158.38 Cr | 2.90% |
| L&T Metro Rail (Hyderabad) Limited | Cash - Commercial Paper | ₹148.37 Cr | 2.72% |
| India (Republic of) | Bond - Short-term Government Bills | ₹146.43 Cr | 2.68% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹144.89 Cr | 2.65% |
| Cholamandalam Investment & Finance Co Ltd. | Cash - Commercial Paper | ₹144.46 Cr | 2.64% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹129.26 Cr | 2.37% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹122.33 Cr | 2.24% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹100.21 Cr | 1.83% |
| Aditya Birla Housing Finance Ltd. | Cash - Commercial Paper | ₹97.19 Cr | 1.78% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹95.71 Cr | 1.75% |
| Canara Bank | Cash - CD/Time Deposit | ₹94.91 Cr | 1.74% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹94.53 Cr | 1.73% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹94.43 Cr | 1.73% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹94.34 Cr | 1.73% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹94.07 Cr | 1.72% |
| LIC Housing Finance Ltd. | Cash - Commercial Paper | ₹93.66 Cr | 1.71% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹88.36 Cr | 1.62% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹74.36 Cr | 1.36% |
| JM Financial Products Limited 8.92% | Bond - Corporate Bond | ₹73.34 Cr | 1.34% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹71.75 Cr | 1.31% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹71.58 Cr | 1.31% |
| Shriram Finance Ltd. 8.75% | Bond - Corporate Bond | ₹70.39 Cr | 1.29% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹70.37 Cr | 1.29% |
| 7.72% Govt Stock 2028 | Bond - Gov't/Treasury | ₹65.03 Cr | 1.19% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹60.37 Cr | 1.10% |
| India (Republic of) | Bond - Short-term Government Bills | ₹58.81 Cr | 1.08% |
| DLF Cyber City Developers Limited 8.4% | Bond - Corporate Bond | ₹51.94 Cr | 0.95% |
| Shriram Transport Finance Company Limited | Bond - Corporate Bond | ₹50.31 Cr | 0.92% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹50.28 Cr | 0.92% |
| Nomura Capital (India) Pvt. Ltd. | Bond - Corporate Bond | ₹50.03 Cr | 0.92% |
| Kotak Mahindra Investments Limited 8.1577% | Bond - Corporate Bond | ₹49.98 Cr | 0.91% |
| ICICI Home Finance Company Limited | Bond - Corporate Bond | ₹49.96 Cr | 0.91% |
| Hero Fincorp Limited | Bond - Corporate Bond | ₹49.96 Cr | 0.91% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹49.81 Cr | 0.91% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹49.64 Cr | 0.91% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹49.57 Cr | 0.91% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹48.54 Cr | 0.89% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹47.87 Cr | 0.88% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹47.43 Cr | 0.87% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹47.24 Cr | 0.86% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹47.22 Cr | 0.86% |
| Barclays Investments & Loans (India) Private Limited | Cash - Commercial Paper | ₹47.17 Cr | 0.86% |
| Indusind Bank Ltd. | Bond - Corporate Bond | ₹47.11 Cr | 0.86% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹47.1 Cr | 0.86% |
| Barclays Investments & Loans (India) Private Limited | Cash - Commercial Paper | ₹47.05 Cr | 0.86% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹47.04 Cr | 0.86% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹46.91 Cr | 0.86% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹44.81 Cr | 0.82% |
| SANSAR TRUST NOV 2023 II | Bond - Asset Backed | ₹41.12 Cr | 0.75% |
| Godrej Properties Limited | Bond - Corporate Bond | ₹39.83 Cr | 0.73% |
| Tmf Holdings Limited | Bond - Corporate Bond | ₹34.76 Cr | 0.64% |
| Aadhar Housing Finance Ltd. 8.65% | Bond - Corporate Bond | ₹29.96 Cr | 0.55% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹25.14 Cr | 0.46% |
| National Housing Bank | Bond - Corporate Bond | ₹25.04 Cr | 0.46% |
| Fullerton India Credit Company Ltd | Bond - Corporate Bond | ₹25.03 Cr | 0.46% |
| Godrej Finance Ltd. 8.75% | Bond - Corporate Bond | ₹25.01 Cr | 0.46% |
| Muthoot Finance Limited | Bond - Corporate Bond | ₹25 Cr | 0.46% |
| India Grid Trust 7.88% | Bond - Corporate Bond | ₹25 Cr | 0.46% |
| Small Industries Development Bank of India | Cash - Commercial Paper | ₹24.98 Cr | 0.46% |
| Muthoot Finance Ltd. 8.9% | Bond - Corporate Bond | ₹24.97 Cr | 0.46% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹24.94 Cr | 0.46% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹24.93 Cr | 0.46% |
| Motherson Sumi Systems Limited | Bond - Corporate Bond | ₹24.93 Cr | 0.46% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.87 Cr | 0.46% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.83 Cr | 0.45% |
| 182 DTB 06062024 | Bond - Gov't/Treasury | ₹24.83 Cr | 0.45% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.82 Cr | 0.45% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.8 Cr | 0.45% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.78 Cr | 0.45% |
| Axis Finance Ltd. 7.51% | Bond - Corporate Bond | ₹24.75 Cr | 0.45% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹24.72 Cr | 0.45% |
| Rec Limited | Bond - Corporate Bond | ₹24.26 Cr | 0.44% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹23.71 Cr | 0.43% |
| 8.34% Govt Stock 2033 | Bond - Gov't/Treasury | ₹20.47 Cr | 0.37% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹15.09 Cr | 0.28% |
| SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 | Mutual Fund - Open End | ₹12.3 Cr | 0.23% |
| 08.07 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹10.07 Cr | 0.18% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹9.99 Cr | 0.18% |
| Cholamandalam Investment And Fin. Co. Ltd | Bond - Corporate Bond | ₹9.94 Cr | 0.18% |
| 7.35% Govt Stock 2024 | Bond - Gov't/Treasury | ₹7 Cr | 0.13% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹4.98 Cr | 0.09% |
| Godrej Housing Finance Limited | Bond - Corporate Bond | ₹1.5 Cr | 0.03% |
| 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 | ₹0.43 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 | ₹0.43 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% |
| Interest Rate Swaps Pay Floating Receive Fix -Icisecpd (26/06/2025) (Fv 250 | Interest Rate Swap | ₹-0.09 Cr | 0.00% |
| Interest Rate Swaps Pay Floating Receive Fix -Hsbc Bank (15/04/2026) (Fv 75 | Interest Rate Swap | ₹-0.06 Cr | 0.00% |
| Interest Rate Swaps Pay Floating Receive Fix -Icici Bank (23/04/2029) (Fv 5 | Interest Rate Swap | ₹0.05 Cr | 0.00% |
| Interest Rate Swaps Pay Fix Receive Floating -Hsbc Bank (27/09/2024) (Fv 10 | Interest Rate Swap | ₹0.03 Cr | 0.00% |
| Interest Rate Swaps Pay Floating Receive Fix -Hsbc Bank (18/04/2025) (Fv 50 | Interest Rate Swap | ₹-0.01 Cr | 0.00% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹2,098.16 Cr | 38.40% |
| Bond - Corporate Bond | ₹1,749.51 Cr | 32.02% |
| Cash - Commercial Paper | ₹602.87 Cr | 11.03% |
| Bond - Gov't/Treasury | ₹383.27 Cr | 7.01% |
| Bond - Short-term Government Bills | ₹205.24 Cr | 3.76% |
| Cash - Repurchase Agreement | ₹166.72 Cr | 3.05% |
| Cash | ₹158.38 Cr | 2.90% |
| Bond - Gov't Agency Debt | ₹47.1 Cr | 0.86% |
| Bond - Asset Backed | ₹41.12 Cr | 0.75% |
| Mutual Fund - Open End | ₹12.3 Cr | 0.23% |
| Interest Rate Swap | ₹-0.08 Cr | 0.00% |
Risk & Performance Ratios
Standard Deviation
This fund
0.62%
Cat. avg.
0.90%
Lower the better
Sharpe Ratio
This fund
0.67
Cat. avg.
-0.61
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.24
Higher the better
Fund Managers
Devang Shah
Since June 2016
AP
Aditya Pagaria
Since August 2016
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF846K01EN1 | Expense Ratio | 0.31% | Exit Load | No Charges | Fund Size | ₹5,465 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
Withdrawal (irrespective of holding period)
Realised Gain (capital gains) are taxed at your marginal income tax rate
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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 Moderate Risk | 0.3% | 0.0% | ₹561.13 Cr | 7.6% |
| Mahindra Manulife Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹561.13 Cr | 6.8% |
| Tata Treasury Advantage Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹2349.85 Cr | 6.9% |
| Kotak Low Duration Fund Regular Growth Moderate Risk | 1.2% | 0.0% | ₹9235.14 Cr | 6.8% |
| Mirae Asset Savings Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹594.96 Cr | 7.1% |
| HDFC Low Duration Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹16714.34 Cr | 7.1% |
| Bandhan Low Duration Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹5228.75 Cr | 6.9% |
| Canara Robeco Savings Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹836.57 Cr | 7.0% |
| ICICI Prudential Savings Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹18176.12 Cr | 7.8% |
| Sundaram Low Duration Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹514.99 Cr | 6.6% |
About the AMC
Total AUM
₹2,79,542 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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What is the current NAV of Axis Treasury Advantage Fund Direct Growth?
The NAV of Axis Treasury Advantage Fund Direct Growth, as of 17-May-2024, is ₹2967.00.
What are the returns of Axis Treasury Advantage Fund Direct Growth?
The fund has generated 7.45% over the last 1 year and 5.90% 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, 42.45% in bonds, and 57.33% 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.