Axis Treasury Advantage Direct Fund Dividend Daily is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Devang Shah, Aditya Pagaria is the Current Fund Manager of Axis Treasury Advantage Direct Fund Dividend Daily.The fund currently has an Asset Under Management(AUM) of ₹2,636 Cr and the Latest NAV as of 16 Oct 2019 is ₹1007.29.
The Axis Treasury Advantage Direct Fund Dividend Daily is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
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 toa liuid fund at the time maintaining a balance between safety and liquidity. However, there can be no assurance that the investment objective of the scheme will be achieved.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment