NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Axis Treasury Advantage Retail Growth for NRI [2680.67]

Min Investment

5,000

Fund Size

5,430.17 Cr

Expense Ratio

0.7%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

2680.67

0.02%

NAV as on 20 Jun 24, 12:00 AM

low to moderate risk

low duration

debt

NAV as on 20 Jun 24, 12:00 AM

low to moderate risk

low duration

debt

7.14%p.a.

Last 1Y

5.67%p.a.

Last 3Y

6.14%p.a.

Last 5Y

7.14%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 5,430.17 Cr fund under management as on Jun 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 7.1% annual returns during the last year. It has delivered 7.1% 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

182 DTB 29082024

3.63%

India (Republic of)

2.72%

Small Industries Development Bank Of India

2.38%

National Bank For Agriculture And Rural Development

2.29%

National Bank For Agriculture And Rural Development

2.09%

Bharti Telecom Limited

2.03%

Rural Electrification Corporation Limited

1.84%

Power Finance Corporation Limited

1.83%

India (Republic of)

1.76%

Bajaj Housing Finance Limited

1.64%

Fund Managers

  1. Devang Shah (Jun 2016 - Present)
  2. Aditya Pagaria (Aug 2016 - Present)

Key Information

View Scheme Document

Axis Treasury Advantage Retail Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

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 TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% 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

Frequently Asked Questions