About Axis Treasury Advantage Direct Fund - Growth
Axis Treasury Advantage Direct Fund - Growth 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 ₹2278.594 as on 13 Dec 2019 at 12:00 am.
Axis Treasury Advantage Direct Fund - Growth scheme return performance in last 1 year is 9.36%, in last 3 years is 26.14% and 78.28% 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.