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

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

23.690 (0.127%)

NAV on October 30, 2026

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Blend

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 3,651 cr

Turnover Ratio 267.68%

Expense Ratio 1.07%

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

Returns

1M: Positive return: 0.59%
1Y: Negative return: -1.41%
3M: Negative return: -2.63%
3Y: Positive return: 11.50%
6M: Positive return: 0.25%
5Y: Positive return: 9.11%

Min Investment 100

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ADDITIONAL INFO

Fund Manager Devang Shah (Since over 2 years) Hardik Shah (Since almost 5 years) Jayesh Sundar (Since about 3 years)

ISIN INF846K01A29

Fund Family Axis

P/E Ratio 22.50

P/B Ratio 3.02

Launch Date August 01, 2017

Benchmark

Nifty 50 TR INR

Nifty Composite Debt Index TR INR

Avg. Maturity 2.58 years

Yield To Maturity (%) 7.78%

SECTOR WEIGHTINGS (%)

Financial 34.66%

Industrial 9.17%

Technology 7.16%

Basic Materials 3.41%

Consumer Cyclical 15.64%

Utilities Services 3.01%

Healthcare Services 7.80%

Energy Services 6.55%

Communication Services 4.16%

Consumer Defensive 5.44%

Real Estate 3.00%

RISK MEASURES (3 yrs)

vs Nifty 50 TR INR Nifty Composite Debt Index TR INR

Alpha -

Beta -

R-Squared -

Info Ratio -

Tracking Err -

Sortino 0.892

Sharpe 0.592

Std Dev 8.912

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
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option	₹ 126.860	2.18%	₹ 9,836 cr	0.89%	Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	₹ 59.870	0.50%	₹ 12,880 cr	0.81%	Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	₹ 85.810	0.30%	₹ 71,913 cr	1.04%	Below Average
HDFC Balanced Advantage Fund Direct Plan Growth Option	₹ 546.240	-5.25%	₹ 102,534 cr	0.78%	Above Average
Quant Dynamic Asset Allocation Fund Direct Growth	₹ 16.496	-5.79%	₹ 810 cr	1.59%	High

Best Dynamic Asset Allocation Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option	₹ 126.860	2.18%	₹ 9,836 cr	0.89%	Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	₹ 59.870	0.50%	₹ 12,880 cr	0.81%	Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	₹ 85.810	0.30%	₹ 71,913 cr	1.04%	Below Average
Mahindra Manulife Balanced Advantage Fund Direct Growth	₹ 15.689	-0.70%	₹ 879 cr	0.86%	Above Average
Axis Balanced Advantage Fund Direct Growth	₹ 23.690	-1.41%	₹ 3,651 cr	1.07%	Average
Invesco India Balanced Advantage Fund Direct Plan Growth	₹ 62.680	-4.00%	₹ 903 cr	1.17%	Average
Motilal Oswal Balance Advantage Fund Direct Plan Growth Option	₹ 21.742	-4.37%	₹ 712 cr	1.59%	High