Debt Low Duration Moderate Risk Fund Managers: Devang Shah, Aditya Pagaria
Debt Low Duration Moderate Risk
The investment objective is 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.
Expert-managed portfolios tailored to your financial goals.
Estimation is based on the past performance
| Low Duration | 1M | 3M | 6M | 9M | 1Y | 2Y | 3Y | 4Y | 5Y | 10Y | ALL |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund returns | 0.74% | 1.54% | 2.77% | 4.27% | 6.29% | 7.18% | 7.17% | 6.76% | 6.17% | 6.73% | 7.38% |
| Category returns | 0.73% | 1.51% | 2.61% | 4.03% | 6.03% | 6.91% | 6.93% | 6.51% | 5.97% | 6.29% | N/A |
| Absolute returns | 0.74% | 1.54% | 2.77% | 4.27% | 6.29% | 14.88% | 23.15% | 29.94% | 34.9% | 91.81% | 224.85% |
| Rank within category | 13 | 10 | 4 | 4 | 5 | 4 | 4 | 4 | 4 | 2 | N/A |
| Total Schemes in Category | 25 | 24 | 23 | 23 | 22 | 20 | 20 | 20 | 20 | 19 | N/A |
| Low Duration | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Yearly returns | 8.16% | 6.59% | 7.3% | 8.8% | 7.35% | 3.72% | 4.38% | 7.02% | 7.67% | 7.5% | 1.68% |
| Q1 returns | 2.11% | 1.82% | 1.86% | 2.31% | 1.64% | 0.79% | 1.06% | 1.71% | 1.94% | 1.99% | 1.1% |
| Q2 returns | 1.99% | 1.62% | 1.36% | 1.91% | 2.71% | 1.02% | 0.42% | 1.88% | 1.76% | 2.27% | 0.57% |
| Q3 Returns | 2.14% | 1.63% | 1.6% | 2.44% | 1.4% | 1.08% | 1.33% | 1.64% | 1.96% | 1.52% | N/A |
| Q4 Returns | 1.67% | 1.37% | 2.28% | 1.86% | 1.4% | 0.79% | 1.51% | 1.62% | 1.8% | 1.51% | N/A |
Expense ratio: 0.7%
Inclusive of GST
Exit load
Nil
| Alpha | 0.0442517 |
| Beta | 0.1891 |
| Sharpe Ratio | 0.330668 |
| Sortino Ratio | 0.194556 |
| R-Squared | 0.4935 |
| Tracking Error | 0.4643 |
| Downside Risk | 0.1639 |
| Std. Deviation (Annualised) | 0.519 |
| Low Duration | 1M | 3M | 6M | 9M | 1Y | 3Y | 5Y | 10Y | ALL | Fund Size (Cr) | Expense Ratio | Sharpe | Risk |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Savings Fund - Growth | 0.71% | 1.57% | 2.93% | 4.47% | 6.51% | 7.54% | 6.52% | 7.1% | 7.67% | 26,664.50 | 0.59 | 0.52 | Low to Moderate |
| HSBC Low Duration Fund - Regular Plan - Growth | 0.79% | 1.66% | 2.76% | 4.19% | 7.4% | 7.52% | 6.22% | 6.58% | 7.41% | 980.89 | 0.89 | 0.28 | Low to Moderate |
| UTI Low Duration Fund - Regular Plan - Growth | 0.73% | 1.58% | 2.78% | 4.32% | 6.34% | 7.22% | 7.27% | 6.02% | 7.16% | 2,246.22 | 0.40 | 0.36 | Moderate |
| Axis Treasury Advantage Fund - Regular Plan - Growth Current | 0.74% | 1.54% | 2.77% | 4.27% | 6.29% | 7.17% | 6.17% | 6.73% | 7.38% | 5,455.40 | 0.70 | 0.33 | Moderate |
| Canara Robeco Savings Fund - Regular Plan - Growth | 0.75% | 1.6% | 2.72% | 4.15% | 6.13% | 7% | 5.9% | 6.42% | 7.28% | 1,295.48 | 0.48 | 0.24 | Low to Moderate |
| Invesco India Low Duration Fund - Growth | 0.76% | 1.52% | 2.67% | 4.1% | 6.08% | 6.99% | 5.92% | 6.57% | 7.41% | 1,659.42 | 0.65 | 0.25 | Low to Moderate |
| HDFC Low Duration Fund - Growth | 0.69% | 1.53% | 2.61% | 4.02% | 5.97% | 6.99% | 6.02% | 6.58% | 7.04% | 22,103.90 | 1.09 | 0.22 | Moderate |
| Tata Treasury Advantage Fund - Regular Plan - Growth | 0.72% | 1.57% | 2.7% | 4.1% | 6.04% | 6.94% | 5.96% | 6.03% | 7.1% | 2,460.29 | 0.58 | 0.22 | Low to Moderate |
| Nippon India Low Duration Fund - Growth | 0.69% | 1.45% | 2.58% | 4.05% | 6.01% | 6.91% | 5.97% | 6.5% | 7.41% | 8,767.67 | 1.05 | 0.20 | Moderate |
| DSP Low Duration Fund - Regular Plan - Growth | 0.74% | 1.54% | 2.58% | 3.99% | 5.93% | 6.91% | 5.92% | 6.55% | 6.78% | 4,668.92 | 0.62 | 0.19 | Low to Moderate |
| Instrument Allocation | Instrument | Assets % |
|---|---|---|
|
|
Certificate of Deposit | 37.05% |
| Treasury Bills | 8.19% | |
| Government Securities | 4.89% | |
| Corporate Debt | 41.20% | |
| PTC & Securitized Debt | 6.21% | |
| Floating Rate Instruments | 0.92% | |
| Commercial Paper | 0.95% | |
| Alternative Investment Fund | 0.32% | |
| Cash & Cash Equivalents and Net Assets | 0.27% | |
| Derivatives-Options (Others) | 0.02% |
| Sector Allocation | Sector | Assets % |
|---|---|---|
| Others | 100.00% |
| Name | Sector | Instrument | Assets % |
|---|---|---|---|
| Canara Bank (28/01/2027) | Certificate of Deposit | 7.35% | |
| 182 Days Tbill (MD 30/04/2026) | Treasury Bills | 4.56% | |
| HDFC Bank Limited (15/02/2027) ** | Certificate of Deposit | 4.05% | |
| Union Bank of India (15/09/2026) ** | Certificate of Deposit | 3.99% | |
| 182 Days Tbill (MD 18/06/2026) | Treasury Bills | 3.62% | |
| 4.04% Government of India (04/10/2028) | Government Securities | 3.22% | |
| 7.55% Poonawalla Fincorp Limited (25/03/2027) ** | Corporate Debt | 2.56% | |
| 7.56% REC Limited (31/08/2027) ** | Corporate Debt | 2.29% | |
| National Bank For Agriculture and Rural Development (14/01/2027) ** | Certificate of Deposit | 2.17% | |
| Small Industries Dev Bank of India (26/02/2027) ** | Certificate of Deposit | 2.15% | |
| 9% Piramal Finance Limited (28/06/2027) ** | Corporate Debt | 2.11% | |
| Canara Bank (15/09/2026) | Certificate of Deposit | 1.83% | |
| 7.60% Poonawalla Fincorp Limited (28/05/2027) ** | Corporate Debt | 1.83% | |
| 7.22% Small Industries Dev Bank of India (10/04/2029) | Corporate Debt | 1.82% | |
| Bank of Baroda (05/11/2026) ** | Certificate of Deposit | 1.76% | |
| Canara Bank (12/01/2027) ** | Certificate of Deposit | 1.74% | |
| HDFC Bank Limited (12/03/2027) | Certificate of Deposit | 1.71% | |
| Punjab & Sind Bank (12/03/2027) ** | Certificate of Deposit | 1.71% | |
| 8.8% 360 One Prime Limited (22/06/2028) ** | Corporate Debt | 1.64% | |
| JTPM Metal Traders Limited (29/09/2028) (ZCB) ** | Corporate Debt | 1.43% | |
| 7.7954% Reliance Life Sciences Private Limited (08/05/2026) ** # | Corporate Debt | 1.37% | |
| 6.73% Power Finance Corporation Limited (15/10/2027) ** | Corporate Debt | 1.36% | |
| 8.75% Motilal Oswal Finvest Limited (29/10/2027) ** | Corporate Debt | 1.29% | |
| HDFC Bank Limited (05/03/2027) ** | Certificate of Deposit | 1.29% | |
| Jubilant Beverages Limited (31/05/2028) (ZCB) ** | Corporate Debt | 1.29% | |
| National Bank For Agriculture and Rural Development (22/01/2027) ** | Certificate of Deposit | 1.13% | |
| Jubilant Bevco Limited (31/05/2028) (ZCB) ** | Corporate Debt | 1.09% | |
| 7.6% Torrent Pharmaceuticals Limited (19/01/2029) ** | Corporate Debt | 0.98% | |
| Liquid Gold Series (20/01/2028) ** | PTC & Securitized Debt | 0.95% | |
| Small Industries Dev Bank of India (18/02/2027) ** | Certificate of Deposit | 0.95% | |
| 8.4% DLF Cyber City Developers Limited (18/06/2027) ** | Corporate Debt | 0.94% | |
| 8.18% Haryana Uday Bond (15/06/2026) | Government Securities | 0.92% | |
| 8.33% Tata Projects Limited (24/06/2027) ** | Corporate Debt | 0.92% | |
| 8.46% Aditya Birla Capital Limited (26/02/2027) (FRN) ** | Floating Rate Instruments | 0.92% | |
| 7.7165% Nexus Select Trust - REIT (14/06/2028) ** | Corporate Debt | 0.92% | |
| 8.55% Nomura Capital India Pvt Limited (30/04/2026) ** | Corporate Debt | 0.92% | |
| 7.48% National Bank For Agriculture and Rural Development (15/09/2028) | Corporate Debt | 0.91% | |
| 7.27% Tata Capital Housing Finance Limited (25/04/2028) ** | Corporate Debt | 0.91% | |
| 7.02% Bajaj Housing Finance Limited (26/05/2028) ** | Corporate Debt | 0.90% | |
| 6.66% National Bank For Agriculture and Rural Development (12/10/2028) ** | Corporate Debt | 0.90% | |
| Punjab National Bank (15/09/2026) ** | Certificate of Deposit | 0.89% | |
| HDFC Bank Limited (13/11/2026) ** | Certificate of Deposit | 0.88% | |
| Small Industries Dev Bank of India (04/12/2026) | Certificate of Deposit | 0.87% | |
| Small Industries Dev Bank of India (16/12/2026) ** | Certificate of Deposit | 0.87% | |
| Small Industries Dev Bank of India (28/01/2027) ** | Certificate of Deposit | 0.86% | |
| Panatone Finvest Limited (11/01/2027) ** | Commercial Paper | 0.86% | |
| Siddhivinayak Securitisation Trust (28/09/2030) ** | PTC & Securitized Debt | 0.85% | |
| Shivshakti Securitisation Trust (28/09/2029) ** | PTC & Securitized Debt | 0.85% | |
| 8.75% Piramal Finance Limited (29/10/2027) ** | Corporate Debt | 0.82% | |
| 8.75% 360 One Prime Limited (10/09/2027) ** | Corporate Debt | 0.82% | |
| Sansar Trust (25/04/2031) ** | PTC & Securitized Debt | 0.81% | |
| 8.60% Muthoot Finance Limited (02/03/2028) ** | Corporate Debt | 0.74% | |
| 7.74% LIC Housing Finance Limited (22/10/2027) | Corporate Debt | 0.73% | |
| 7.53% National Bank For Agriculture and Rural Development (24/03/2028) | Corporate Debt | 0.73% | |
| India Universal Trust (20/07/2027) ** | PTC & Securitized Debt | 0.72% | |
| 8.10% Godrej Industries Limited (22/05/2028) ** | Corporate Debt | 0.64% | |
| 6.92% DLF Cyber City Developers Limited (28/07/2028) ** | Corporate Debt | 0.63% | |
| Radhakrishna Securitisation Trust (28/09/2028) ** | PTC & Securitized Debt | 0.56% | |
| 8.65% Bharti Telecom Limited (05/11/2027) ** | Corporate Debt | 0.55% | |
| 8.65% Aadhar Housing Finance Limited (20/08/2027) ** | Corporate Debt | 0.55% | |
| 8.52% Muthoot Finance Limited (07/04/2028) ** | Corporate Debt | 0.55% | |
| 7.88% Muthoot Finance Limited (22/11/2028) ** | Corporate Debt | 0.54% | |
| 7.8350% LIC Housing Finance Limited (11/05/2027) ** | Corporate Debt | 0.50% | |
| Sansar Trust (25/06/2030) ** | PTC & Securitized Debt | 0.48% | |
| India Universal Trust (21/11/2027) ** | PTC & Securitized Debt | 0.46% | |
| 6.72% Kerala State Development Loans (24/03/2027) | Government Securities | 0.46% | |
| 7.68% Small Industries Dev Bank of India (10/08/2027) ** | Corporate Debt | 0.46% | |
| 8.60% Aditya Birla Renewables Limited (24/09/2027) ** | Corporate Debt | 0.46% | |
| 7.59% REC Limited (31/05/2027) ** | Corporate Debt | 0.46% | |
| 7.7954% Reliance Life Sciences Private Limited (05/11/2027) ** # | Corporate Debt | 0.46% | |
| 7.3% Bharti Telecom Limited (01/12/2027) ** | Corporate Debt | 0.45% | |
| 6.47% Indian Railway Finance Corporation Limited (30/05/2028) ** | Corporate Debt | 0.45% | |
| National Bank For Agriculture and Rural Development (17/02/2027) ** | Certificate of Deposit | 0.43% | |
| National Bank For Agriculture and Rural Development (02/03/2027) ** | Certificate of Deposit | 0.43% | |
| 7.83% National Bank For Agriculture and Rural Development (30/12/2026) ** | Corporate Debt | 0.37% | |
| 7.05% Embassy Office Parks REIT (18/10/2026) ** | Corporate Debt | 0.37% | |
| 7.22% Embassy Office Parks REIT (16/05/2028) ** | Corporate Debt | 0.36% | |
| SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2 | Alternative Investment Fund | 0.32% | |
| 8.05% Muthoot Finance Limited (25/11/2027) ** | Corporate Debt | 0.27% | |
| Net Receivables / (Payables) | Cash & Cash Equivalents and Net Assets | 0.27% | |
| Sansar Trust (17/03/2028) ** | PTC & Securitized Debt | 0.21% | |
| India Universal Trust (20/09/2026) ** | PTC & Securitized Debt | 0.19% | |
| 09.15% Shriram Finance Limited (28/06/2029) ** | Corporate Debt | 0.19% | |
| 8.95% Muthoot Finance Limited (03/05/2027) ** | Corporate Debt | 0.18% | |
| 7.70% National Bank For Agriculture and Rural Development (30/09/2027) ** | Corporate Debt | 0.18% | |
| 7.55% Small Industries Dev Bank of India (22/09/2026) ** | Corporate Debt | 0.18% | |
| India Universal Trust (21/11/2026) ** | PTC & Securitized Debt | 0.13% | |
| 7.85% Tamilnadu State Development Loans (15/03/2027) | Government Securities | 0.09% | |
| 8.0736% HDB Financial Services Limited (17/04/2026) ** | Corporate Debt | 0.09% | |
| 6.89% Bihar State Development Loans (23/11/2026) | Government Securities | 0.09% | |
| 6.88% West Bangal State Development Loans (23/11/2026) | Government Securities | 0.09% | |
| Piramal Finance Limited (30/10/2026) ** | Commercial Paper | 0.09% | |
| 7.9265% LIC Housing Finance Limited (14/07/2027) ** | Corporate Debt | 0.05% | |
| 7.69% Uttar Pradesh State Development Loans (27/07/2026) | Government Securities | 0.02% | |
| Interest Rate Swaps Pay Fix Receive Floating -ICISECPD (27/09/2026) (FV 10000 Lacs) | Derivatives-Options (Others) | 0.01% | |
| 8.75% Shriram Finance Limited (05/10/2026) ** | Corporate Debt | 0.01% | |
| Interest Rate Swaps Pay Fix Receive Floating -BARC (27/09/2026) (FV 10000 Lacs) | Derivatives-Options (Others) | 0.01% | |
| Interest Rate Swaps Pay Fix Receive Floating -ICICI BANK (19/12/2026) (FV 10000 Lacs) | Derivatives-Options (Others) | 0.01% | |
| Interest Rate Swaps Pay Fix Receive Floating -IDFC BANK (10/09/2026) (FV 25000 Lacs) | Derivatives-Options (Others) | 0.00% | |
| Interest Rate Swaps Pay Fix Receive Floating -HSBC BANK (10/09/2026) (FV 10000 Lacs) | Derivatives-Options (Others) | 0.00% | |
| Interest Rate Swaps Pay Fix Receive Floating -DBS (10/09/2026) (FV 5000 Lacs) | Derivatives-Options (Others) | 0.00% | |
| Interest Rate Swaps Pay Floating Receive Fix -BARC (10/03/2028) (FV 2500 Lacs) | Derivatives-Options (Others) | 0.00% | |
| Interest Rate Swaps Pay Floating Receive Fix -NOMURA (10/03/2028) (FV 2500 Lacs) | Derivatives-Options (Others) | 0.00% | |
| Interest Rate Swaps Pay Floating Receive Fix -DBS (10/03/2027) (FV 5000 Lacs) | Derivatives-Options (Others) | 0.00% | |
| Interest Rate Swaps Pay Floating Receive Fix -HSBC BANK (09/03/2028) (FV 5000 Lacs) | Derivatives-Options (Others) | -0.01% | |
| Total | 100.00% |
Mr. Devang Shah has 9 years total experience. He is with Axis Asset Management Co. Ltd. from October 16, 2012 till date. His previous experience includes Pricewaterhouse Coopers, Deutsche AMC & ICICI Prudential AMC.
RETURNS
It is an Open ended scheme that primarily invests in Low Duration.
The investment objective is 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.
The scheme benchmark is the NIFTY Low Duration Debt Index
It is classified as Moderate Risk, suitable for investors with a Moderate risk appetite.
Returns Delivered by the funds are as follows:
1-year: 6.29%
3-year: 7.18%
5-year: 6.17%
Top holdings include names such as:
The NAV is around ₹3,248.54 (approx.) for the Axis Treasury Advantage Fund - Regular Plan - Growth.
The fund’s AUM is approximately ₹5,455 Cr.
The expense ratio for the Regular Plan is 0.7.
Nil.
Minimum SIP starts at ₹100.
The minimum lump sum investment is ₹100. Often platforms may require higher in practice, but the statutory minimum remains the same.
You can start a SIP through:
Broker/agent platform like Sharescart.
Enter KYC details, choose the Regular Growth option, set SIP amount/frequency, and submit.
Yes. You can modify your SIP amount or frequency anytime online through the Sharescart platform.
You can redeem online via the Sharescart platform — choose the scheme, select the amount/units, and submit. Proceeds are credited to your bank account.
The fund managers: Devang Shah, Aditya Pagaria
This fund is suitable for investors with a Moderate risk tolerance.
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