NAV as on 23 Sep, 2016
Good performance in the category
The scheme is ranked 2 in Ultra Short Term Debt category by Crisil (for quarter ended Jun 2016) up from Rank 3 last quarter. If you are already invested in this scheme, you may continue to stay invested. But, do keep a check on its performance.
|Period||Returns (%)||Rank #|
# Moneycontrol Rank within 205 Ultra Short Term Debt Schemes.
|Year||Qtr 1||Qtr 2||Qtr 3||Qtr 4||Annual|
* Returns over 1 year are Annualised
* Calculation Remark - Dividends are reinvested at the rate of return
Fund returns v/s Category average (Ultra Short Term Debt)
|1 mth (%)||3 mth (%)||6 mth (%)||1 yr (%)||2 yr (%)||3 yr (%)||5yr (%)|
|Difference of Fund returns and Category returns||0.0||0.0||0.2||0.7||0.9||1.0||1.7|
|Best of category||1.3||3.8||6.2||11.1||10.4||10.1||10.0|
|Worst of category||0.4||1.3||1.1||-0.1||-19.7||5.1||0.1|
To provide optimal returns and liquidity to the investors by investing primarily in a mix of money market and short term debt instruments which results in a portfolio having marginally higher maturity as compared to a liquid fund at the same time maintaining a balance between safety and liquidity.
|Launch date||Oct 08, 2009|
|Benchmark||CRISIL Liquid Fund|
|Asset Size (Rs cr)||975.97 (Jun-30-2016)|
|Last Dividend||Rs.3.74 (Feb-25-2016)|
|Fund Manager||Devang Shah
View performance of schemes managed by the Fund Manager
|Notes||Axis Treasury Advantage Fund - Institutional Plan renamed as Axis Treasury Advantage Fund w.e.f. January 01, 2013. The Scheme is open for fresh/additional purchases/switch-ins|
|Ultra Short Term Debt||Crisil Rank||Assets (Rs.cr)
|3mth (%)||6mth (%)||1yr (%)||3yr (%)||5yr (%)|
|SBI Ultra Short Term Bond - DP (G)||Not Ranked
|Birla SL Saving Fund (DAP)||Not Ranked
|SBI SHDF - USTF - IP (G)||Not Ranked
|SBI Ultra Short Term Bond - RP (G)||Rank 2
|Reliance Money Mgr -Direct (G)||Not Ranked
|* Returns over 1 year are Annualised||More »|
|Money Market Instruments - CDs||880.74||30.28|
|Money Market Instruments - CPs||709.90||24.40|
|364 Days Tbill (MD 08/12/2016)||Sovereign||147.40||5.07|
|National Bank For Agriculture and Rural Development (26/09/2016)||CRISIL A1+||124.45||4.28|
|Small Industries Dev Bank of India (13/12/2016)||CARE A1+||122.66||4.22|
|IDFC Bank Limited (01/12/2016)||ICRA A1+||98.35||3.38|
|Vijaya Bank (12/12/2016)||CARE A1+||98.16||3.37|
|UCO Bank (15/12/2016)||CRISIL A1+||98.10||3.37|
|IDBI Bank Limited (07/02/2017)||CRISIL A1+||97.06||3.34|
|No Sector Data Available|
|Cash / Call||6.05|
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