Item: Axis Balanced Advantage Fund Direct Growth
Rating: 3
Author: Morningstar

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

16.280 (0.185%)

NAV on June 02, 2023

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 2,029 cr

Turnover Ratio 313.13%

Expense Ratio 0.70%

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

Returns

1M: 3.69%
1Y: 11.05%
3M: 6.68%
3Y: 13.45%
6M: 2.52%
5Y: 8.65%

Min Investment 500

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ADDITIONAL INFO

Fund Manager R Sivakumar (Since almost 6 years) Ashish Naik (Since 3 months) Hardik Shah (Since over 1 year)

ISIN INF846K01A29

Fund Family Axis

P/E Ratio 27.79

P/B Ratio 4.10

Launch Date August 01, 2017

Benchmark

IISL Nifty 50 TR INR

Nifty Composite Debt Index TR INR

Avg. Maturity 6.26 years

Yield To Maturity (%) 7.52%

SECTOR WEIGHTINGS (%)

Financial 39.7%

Industrial 5.32%

Technology 12.96%

Basic Materials 14.85%

Consumer Cyclical 6.43%

Utilities Services 1.51%

Healthcare Services 6.73%

Energy Services 4.86%

Communication Services 2.01%

Consumer Defensive 5.62%

Real Estate 0.00%

RISK MEASURES (3 yrs)

vs IISL Nifty 50 TR INR Nifty Composite Debt Index TR INR

Alpha -

Beta -

R-Squared -

Info Ratio -

Tracking Err -

Sortino 2.331

Sharpe 1.175

Std Dev 7.786

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
HDFC Balanced Advantage Fund Direct Plan Growth Option	363.597	19.10%	54,413 cr	0.86%	High
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	18.702	15.16%	3,173 cr	0.68%	Above Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	60.070	11.06%	45,584 cr	0.95%	Below Average

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HDFC Balanced Advantage Fund Direct Plan Growth Option	363.597	19.10%	54,413 cr	0.86%	High
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	18.702	15.16%	3,173 cr	0.68%	Above Average
Kotak Balanced Advantage Fund Direct Growth	16.599	11.98%	14,422 cr	0.48%	Below Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	42.260	11.71%	8,907 cr	0.51%	Average
DSP Dynamic Asset Allocation Fund Direct Growth	23.246	10.05%	3,568 cr	0.7%	Below Average
HSBC Balanced Advantage Fund Direct Plan Growth Option	36.974	9.88%	1,483 cr	0.77%	Low