Good performance in the category
The scheme is ranked 2 in Ultra Short Term Debt category by Crisil (for quarter ended Mar 2014) rank unchanged from 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 208 Ultra Short Term Debt Schemes.
|Year||Qtr 1||Qtr 2||Qtr 3||Qtr 4||Annual|
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||0.5||4.0||4.3||4.2|
|Best of category||1.5||2.4||7.2||11.2||10.1||10.1||8.9|
|Worst of category||-1.4||0.1||3.5||0.1||0.1||-5.0||-0.9|
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)||1,029.89 (Jun-30-2014)|
|Last Dividend||Rs.1.25 (Sep-22-2014)|
|Fund Manager||Kedar Karnik
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 (%)|
|ICICI Pru Flexi Income -Direct (G)||Not Ranked
|ICICI Pru Flexi Income (G)||Rank 1
|Reliance Money Mgr -Direct (G)||Not Ranked
|Reliance Money Mgr - IP (G)||Rank 1
|Reliance Money Mgr-RP (G)||Not Ranked
|* Returns over 1 year are Annualised||More »|
|Money Market Instruments / CP||499.33||40.71|
|Money Market Instruments / CD||468.84||38.21|
|364 Days Tbill (MD 04/09/2014)||SOVEREIGN||74.95||6.11|
|Power Finance Corporation Ltd (12/09/2014)||CRISIL A1+||74.81||6.10|
|Religare Finvest Ltd (15/09/2014)||ICRA A1+||74.74||6.09|
|Edelweiss Financial Services Ltd (26/11/2014)||CARE A1+||73.37||5.98|
|364 Days Tbill (MD 18/09/2014)||SOVEREIGN||49.81||4.06|
|Indiabulls Housing Finance Ltd (23/09/2014)||CRISIL A1+||49.74||4.06|
|91 Days Tbill (MD 25/09/2014)||SOVEREIGN||49.72||4.05|
|Oriental Bank of Commerce (25/11/2014)||CRISIL A1+||49.00||4.00|
|No Sector Data Available|
|Cash / Call||0.52|
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