Axis Treasury Advantage Fund
Axis Mutual Fund · Best Low Duration Mutual Funds
This is the Regular plan of Axis Treasury Advantage Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
NAV history
Scorecard
★★★★☆4/5 vs 31 of 28 Low Duration Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Low Duration Fund (same plan and option). 31 of the 28 Low Duration Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +7.11% · ranks 4 of 28 Low Duration Funds
Volatility 0.5% vs 0.5% category avg
0.7% expense vs 0.9% category avg
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Low expense ratio (0.73%) vs the Low Duration Fund average of 0.87%
- Consistent — positive in 100% of rolling 3-year windows
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Risk (trailing 3Y)
DefinitionsBenchmark ratios
Not shown for Low Duration Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.
Fund vs category average (Low Duration Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.48% | +0.44% | +0.04% |
| 3M abs | +2.09% | +2.03% | +0.06% |
| 6M abs | +2.99% | +2.92% | +0.07% |
| 1Y CAGR | +5.96% | +5.69% | +0.27% |
| 3Y CAGR | +7.11% | +6.84% | +0.27% |
| 5Y CAGR | +6.29% | +6.10% | +0.19% |
Category average across peers in Low Duration Fund (up to 28 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 28 peers in Low Duration Fund
Rolling returns
Return for every possible 1Y holding period, not just today’s
186 overlapping 1Y windows, sampled monthly across the fund’s history.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Axis Treasury Advantage Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +3.75% | |
| 2025 | +7.50% | |
| 2024 | +7.67% | |
| 2023 | +7.02% | |
| 2022 | +4.38% | |
| 2021 | +3.72% | |
| 2020 | +7.55% | |
| 2019 | +8.79% | |
| 2018 | +7.17% | |
| 2017 | +6.07% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Fund size over time
Quarterly average AUM · AMFIDown +17% from its peak of ₹6,886Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Axis in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
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Outlook Money · 10h ago
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₹2.52-lakh crore fraud: HC strikes down FIR against former chief dealer at Axis Mutual Fund | Mumbai news
Hindustan Times · 5d ago
Axis Multi Asset Allocation Fund
CNBC TV18 · 8d ago
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Debt funds
Debt funds lend money to governments and companies and earn interest. They're generally steadier than equity funds; their risk comes from interest-rate moves and, for some, the creditworthiness of borrowers.
Frequently asked questions
What is the NAV of Axis Treasury Advantage Fund?
As of 21 Aug 2026, the NAV of Axis Treasury Advantage Fund is ₹3,107.61 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Axis Treasury Advantage Fund delivered?
Axis Treasury Advantage Fund has returned +5.96% over 1 year, +7.11% per year over 3 years, +6.29% per year over 5 years and +7.13% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Axis Treasury Advantage Fund?
Axis Treasury Advantage Fund charges an expense ratio of 0.73% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Axis Treasury Advantage Fund?
Its largest holdings are NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25C 7.44 BD 24FB28 FVRS1LAC (4.3%), CENTRAL GOVERNMENT LOAN 30814 GOI FRB 04OT28 FV RS 100 (3.8%), BANK OF BARODA CD 04FEB27 (3.1%), POONAWALLA FINCORP LIMITED SR G1 TR 1 7.55 NCD 25MR27 FVRS1LAC (2.9%) and NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 23I 7.62 LOA 31JN28 FVRS1LAC (2.7%). Holdings are disclosed monthly and change over time.
How risky is Axis Treasury Advantage Fund?
It is rated low to moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.5% and its worst peak-to-trough fall in our sample was -1.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Axis Treasury Advantage Fund?
Axis Treasury Advantage Fund is benchmarked against the AMFI Tier 1 Benchmark: NIFTY Low Duration Debt Index A-I Justifications of Benchmark: Based on the maturity profile of t. Its alpha and beta on this page are measured against that index.
Who manages Axis Treasury Advantage Fund?
Axis Treasury Advantage Fund is managed by Devang Shah and Aditya Pagaria at Axis.
How is Axis Treasury Advantage Fund taxed?
Axis Treasury Advantage Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.