About Axis Treasury Advantage Direct Fund-Dividend Daily
Axis Treasury Advantage Direct Fund-Dividend Daily is a Debt
mutual fund scheme from Axis Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Aditya Pagaria
and Devang Shah
. It has an AUM of ₹2,635.97 Crores and the latest NAV decalared is ₹1007.289 as on 18 Oct 2019 at 9:45 pm.
Axis Treasury Advantage Direct Fund-Dividend Daily scheme return performance in last 1 year is 9.71%, in last 3 years is 26.17% and 76.41% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
About Fund Category
Low Duration Funds maintain a portfolio of high-rated debt and money market instruments. Since the portfolio has a Macaulay duration of around 6 to12 months, these funds try to achieve a balance of safety, liquidity and yield. Investors may find these funds suitable to earn regular income on short term surplus money.