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

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

15.950 (0.251%)

NAV on December 01, 2022

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 2,411 cr

Turnover Ratio 313.13%

Expense Ratio 0.74%

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

Returns

1M: 1.98%
1Y: 4.66%
3M: 3.44%
3Y: 10.69%
6M: 8.95%
5Y: 9.16%

Min Investment 500

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ADDITIONAL INFO

Fund Manager R Sivakumar (Since over 5 years) Anupam Tiwari (Since over 5 years) Hardik Shah (Since 10 months)

ISIN INF846K01A29

Fund Family Axis

P/E Ratio 27.21

P/B Ratio 4.01

Launch Date August 01, 2017

Benchmark

IISL Nifty 50 TR INR

Nifty Composite Debt Index TR INR

Avg. Maturity 2.64 years

Yield To Maturity (%) 7.19%

SECTOR WEIGHTINGS (%)

Financial 37.35%

Industrial 3.27%

Technology 10.98%

Basic Materials 15.61%

Consumer Cyclical 9.86%

Utilities Services 2.27%

Healthcare Services 7.12%

Energy Services 5.02%

Communication Services 2.02%

Consumer Defensive 6.50%

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 -

Sharpe -

Std Dev 9.700

Risk Below 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
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	58.350	9.95%	44,002 cr	0.92%	High
Tata Balanced Advantage Fund Direct Growth	16.638	9.79%	6,069 cr	0.29%	Below Average
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	18.228	7.99%	3,426 cr	0.61%	Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	41.360	6.96%	8,927 cr	0.47%	Average

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HDFC Balanced Advantage Fund Direct Plan Growth Option	350.517	21.05%	49,709 cr	0.93%	High
Bank of India Balanced Advantage Direct Growth	20.473	19.61%	87 cr	1.78%	Average
Sundaram Balanced Advantage Fund - Direct Plan - Growth Option	30.509	9.59%	1,595 cr	0.48%	Low
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	18.228	7.99%	3,426 cr	0.61%	Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	41.360	6.96%	8,927 cr	0.47%	Average