NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹2763.27
0.02%
NAV as on 17 Nov 24, 12:00 AM
low to moderate risk
low duration
debt
NAV as on 17 Nov 24, 12:00 AM
low to moderate risk
low duration
debt
7.71%p.a.
Last 1Y
6.21%p.a.
Last 3Y
6.03%p.a.
Last 5Y
7.16%p.a.
Since Inception
About Axis Treasury Advantage Retail Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Axis Treasury Advantage Retail Growth scheme from Axis Asset Management Company Limited. It is a Low Duration mutual fund scheme that predominantly invests in Low Duration stocks of companies. Launched on Mar 2010, Axis Treasury Advantage Retail Growth is Low Duration fund of its category with 6,193.81 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Low Duration funds.
- Axis Treasury Advantage Retail Growth delivered 7.7% annual returns during the last year. It has delivered 7.2% average annual returns since the fund was launched.
- Axis Treasury Advantage Retail Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund 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 to a liquid fund at the same time maintaining a balance between safety and liquidity. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Top 10 Holdings
Govt Stock 04102028
3.74%
Small Industries Development Bank Of India
3.22%
Nexus Select Trust
2.43%
Bharti Telecom Limited
2.27%
07.32 Goi 2030
2.24%
National Bank For Agriculture And Rural Development
2.02%
National Bank For Agriculture And Rural Development
2.02%
Govt Stock 22092033
1.91%
National Bank For Agriculture And Rural Development
1.84%
Small Industries Development Bank Of India
1.70%
Fund Managers
- Devang Shah (Jun 2016 - Present)
- Aditya Pagaria (Aug 2016 - Present)
Key Information
View Scheme Document
Axis Treasury Advantage Retail Growth SIP Calculator
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NRI Mutual Fund Tax on Axis Treasury Advantage Retail Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Axis Treasury Advantage Retail Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Axis Treasury Advantage Retail Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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