NAV as on 25 Aug, 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 199 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||0.1||0.2||0.7||1.0||1.1||1.7|
|Best of category||1.4||3.3||6.9||10.5||10.3||10.3||10.0|
|Worst of category||0.4||0.5||1.4||-1.9||-19.7||5.3||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.0.84 (Feb-29-2016)|
|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 (%)|
|UTI Treasury Advantage -Direct (G)||Not Ranked
|Reliance Money Manager (G)||Rank 3
|UTI Treasury Advtg -Inst (G)||Rank 3
|HDFC Floating Rate Inc.-STP -DP (G)||Not Ranked
|Reliance Money Mgr-RP (G)||Not Ranked
|* Returns over 1 year are Annualised||More »|
|Money Market Instruments - CP.||820.03||32.30|
|Money Market Instruments - CD.||727.60||28.66|
|National Bank For Agriculture and Rural Development (26/09/2016)||CRISIL A1+||123.76||4.87|
|Rural Electrification Corporation Limited (12/08/2016)||CARE A1+||99.80||3.93|
|UCO Bank (15/12/2016)||CRISIL A1+||97.56||3.84|
|IDBI Bank Limited (07/02/2017)||CRISIL A1+||96.52||3.80|
|Piramal Enterprises Limited (09/12/2016)||ICRA A1+||72.90||2.87|
|ICICI Bank Limited (10/07/2017)||ICRA A1+||70.21||2.77|
|182 Days Tbill (MD 08/09/2016)||Sovereign||59.60||2.35|
|No Sector Data Available|
|Cash / Call||4.78|
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