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 ₹4,128.23 Crores and the latest NAV decalared is ₹1006.918 as on 13 Dec 2019 at 10:25 pm.
Axis Treasury Advantage Direct Fund-Dividend Daily scheme return performance in last 1 year is 9.36%, in last 3 years is 26.14% and 78.26% 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.