The investment objective of the Scheme is to provide reasonable returns commensurate with very low interest rate risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity/residual maturity of 1 business day.However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

	DATE OF ALLOTMENT	15th March 2019
	MONTHLY AVERAGE	12,740.15Cr.
	AS ON 31st March, 2023	7,889.30Cr.
	BENCHMARK	NIFTY 1D Rate Index
	Residual Maturity	4 days
	Modified Duration*	3 days
	Macaulay Duration*	3 days
	Annualised Portfolio YTM*	7.18%
	*in case of semi annual YTM, it will be annualised
* As per AMFI Best Practice Guidelines Circular No. 88/2020-21-Additional Disclosures in Monthly Factsheets. For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities.The calculation is based on the invested corpus of the debt portfolio.
	FUND MANAGER
	Mr. Aditya Pagaria Work experience: 15 years. He has been managing this fund since 15th March 2019.
	Mr. Sachin Jain Work experience: 10 years. He has been managing this fund since 9th November 2021

 

Past performance may or may not be sustained in future. Different plans have different expense structure. Aditya Pagaria is managing the scheme since 15th March 2019 and he manages 16 schemes of Axis Mutual Fund & Sachin Jain is managing the scheme since 9th November 2021 and he manages 15 schemes of Axis Mutual Fund . Please refer to annexure for performance of all schemes managed by the fund manager. Returns greater than 1 year period are compounded annualised (CAGR). Face Value per unit : ₹ 1000.