Item: Axis Balanced Advantage Fund Direct Growth
Rating: 4
Author: Morningstar

Home › Mutual Funds › Axis Mutual Fund › Axis Balanced Advantage Fund Direct Growth

21.780 (-0.366%)

NAV on February 21, 2025

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Extensive Sensitivity
High Quality

Total Assets 2,652 cr

Turnover Ratio 261.88%

Expense Ratio 0.83%

Exit Load 1.00%if redeemed within
12 Months0.00%if redeemed after 12 Months

Returns

1M: -1.13%
1Y: 11.75%
3M: -1.36%
3Y: 13.19%
6M: -1.63%
5Y: 12.40%

Min Investment 100

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Devang Shah (Since 11 months) Hardik Shah (Since about 3 years) Jayesh Sundar (Since over 1 year)

ISIN INF846K01A29

Fund Family Axis

P/E Ratio 23.21

P/B Ratio 3.40

Launch Date August 01, 2017

Benchmark

Nifty 50 TR INR

Nifty Composite Debt Index TR INR

Avg. Maturity 18.11 years

Yield To Maturity (%) 7.36%

SECTOR WEIGHTINGS (%)

Financial 32.56%

Industrial 7.86%

Technology 9.8%

Basic Materials 5.91%

Consumer Cyclical 11.56%

Utilities Services 2.96%

Healthcare Services 8.91%

Energy Services 11.47%

Communication Services 4.59%

Consumer Defensive 3.74%

Real Estate 0.64%

RISK MEASURES (3 yrs)

vs Nifty 50 TR INR Nifty Composite Debt Index TR INR

Alpha -

Beta -

R-Squared -

Info Ratio -

Tracking Err -

Sortino 1.652

Sharpe 0.888

Std Dev 7.788

Risk Average

INVESTMENT OBJECTIVE

To achieve the dual objective of capital appreciation by investing in a portfolio of equity or equity linked securities and generating income through investments in debt and money market instruments. It also aims to manage risk through active asset allocation. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
SBI Balanced Advantage Fund Direct Growth	14.905	7.60%	33,309 cr	0.69%	Low
HDFC Balanced Advantage Fund Direct Plan Growth Option	514.758	6.88%	94,251 cr	0.78%	Above Average
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	23.942	6.38%	4,078 cr	0.77%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	53.280	5.57%	12,238 cr	0.52%	Average
Mahindra Manulife Balanced Advantage Fund Direct Growth	14.081	4.31%	880 cr	0.58%	Average

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Axis Balanced Advantage Fund Direct Growth	21.780	11.75%	2,652 cr	0.83%	Average
DSP Dynamic Asset Allocation Fund Direct Growth	29.442	11.18%	3,186 cr	0.72%	Below Average
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option	110.030	9.42%	7,239 cr	0.75%	Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	75.940	8.30%	60,434 cr	0.92%	Low
SBI Balanced Advantage Fund Direct Growth	14.905	7.60%	33,309 cr	0.69%	Low
HDFC Balanced Advantage Fund Direct Plan Growth Option	514.758	6.88%	94,251 cr	0.78%	Above Average
Bank of India Balanced Advantage Direct Growth	24.707	-0.14%	132 cr	1.17%	High