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

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

22.660 (-0.044%)

NAV on October 11, 2024

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Extensive Sensitivity
High Quality

Total Assets 2,577 cr

Turnover Ratio 261.88%

Expense Ratio 0.84%

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

Returns

1M: 0.71%
1Y: 29.78%
3M: 4.47%
3Y: 13.89%
6M: 13.07%
5Y: 14.43%

Min Investment 100

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ADDITIONAL INFO

Fund Manager Devang Shah (Since 6 months) Ashish Naik (Since over 1 year) Hardik Shah (Since over 2 years) Jayesh Sundar (Since about 1 year)

ISIN INF846K01A29

Fund Family Axis

P/E Ratio 26.82

P/B Ratio 3.86

Launch Date August 01, 2017

Benchmark

Nifty 50 TR INR

Nifty Composite Debt Index TR INR

Avg. Maturity 16.37 years

Yield To Maturity (%) 7.48%

SECTOR WEIGHTINGS (%)

Financial 31.23%

Industrial 9.03%

Technology 10.79%

Basic Materials 7.24%

Consumer Cyclical 9.71%

Utilities Services 3.33%

Healthcare Services 9.17%

Energy Services 9.23%

Communication Services 4.51%

Consumer Defensive 4.99%

Real Estate 0.77%

RISK MEASURES (3 yrs)

vs Nifty 50 TR INR Nifty Composite Debt Index TR INR

Alpha -

Beta -

R-Squared -

Info Ratio -

Tracking Err -

Sortino 2.252

Sharpe 1.128

Std Dev 7.508

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	546.772	32.82%	95,391 cr	0.72%	High
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	25.672	27.60%	4,187 cr	0.73%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	57.270	27.35%	12,690 cr	0.46%	Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	78.660	23.06%	62,051 cr	0.84%	Low

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Quant Dynamic Asset Allocation Fund Direct Growth	17.300	46.77%	1,403 cr	0.65%	-
HDFC Balanced Advantage Fund Direct Plan Growth Option	546.772	32.82%	95,391 cr	0.72%	High
Axis Balanced Advantage Fund Direct Growth	22.660	29.78%	2,577 cr	0.84%	Average
Mahindra Manulife Balanced Advantage Fund Direct Growth	15.074	29.12%	886 cr	0.49%	-
Motilal Oswal Balance Advantage Fund Direct Plan Growth Option	25.011	24.36%	1,315 cr	0.96%	High
Bank of India Balanced Advantage Direct Growth	26.805	23.03%	137 cr	1.41%	High
DSP Dynamic Asset Allocation Fund Direct Growth	30.254	23.02%	3,259 cr	0.71%	Average