About Axis Treasury Advantage Direct Fund - Dividend Monthly Payout
Axis Treasury Advantage Direct Fund - Dividend Monthly Payout 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 ₹5,239.04 Crores and the latest NAV decalared is ₹1011.658 as on 24 Feb 2020 at 9:00 pm.
Axis Treasury Advantage Direct Fund - Dividend Monthly Payout scheme return performance in last 1 year is 9.01%, in last 3 years is 26.22% and 80.76% 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.