Item: Axis Balanced Advantage Fund Direct Growth
Rating: 5
Author: Morningstar

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

23.660 (0.085%)

NAV on May 27, 2026

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Blend

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 3,764 cr

Turnover Ratio 209.47%

Expense Ratio 0.59%

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

Returns

1M: -0.38%
1Y: 2.25%
3M: -1.46%
3Y: 13.48%
6M: -2.51%
5Y: 11.53%

Min Investment 100

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ADDITIONAL INFO

Fund Manager Devang Shah (Since about 2 years) Hardik Shah (Since over 4 years) Jayesh Sundar (Since over 2 years)

ISIN INF846K01A29

Fund Family Axis

P/E Ratio 23.66

P/B Ratio 3.21

Launch Date August 01, 2017

Benchmark

Nifty 50 TR INR

Nifty Composite Debt Index TR INR

Avg. Maturity 2.64 years

Yield To Maturity (%) 7.15%

SECTOR WEIGHTINGS (%)

Financial 32.06%

Industrial 8.6%

Technology 9.74%

Basic Materials 4.6%

Consumer Cyclical 13.84%

Utilities Services 3.82%

Healthcare Services 7.91%

Energy Services 7.79%

Communication Services 3.30%

Consumer Defensive 6.10%

Real Estate 2.25%

RISK MEASURES (3 yrs)

vs Nifty 50 TR INR Nifty Composite Debt Index TR INR

Alpha -

Beta -

R-Squared -

Info Ratio -

Tracking Err -

Sortino 1.420

Sharpe 0.896

Std Dev 8.676

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
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	85.120	5.14%	70,551 cr	0.72%	Low
Edelweiss Balanced Advantage Fund Direct Plan Growth	59.650	4.91%	12,906 cr	0.96%	Average
Nippon India Balanced Advantage Fund Direct Growth Plan	204.380	3.52%	9,620 cr	0.54%	Below Average
Mahindra Manulife Balanced Advantage Fund Direct Growth	15.608	3.19%	887 cr	0.58%	Above Average
Quant Dynamic Asset Allocation Fund Direct Growth	17.506	3.12%	901 cr	1.03%	High
Axis Balanced Advantage Fund Direct Growth	23.660	2.25%	3,764 cr	0.59%	Average
HDFC Balanced Advantage Fund Direct Plan Growth Option	556.380	0.18%	105,378 cr	0.74%	Above Average

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Bank of India Balanced Advantage Direct Growth	28.269	6.70%	153 cr	1.11%	Above Average
Samco Dynamic Asset Allocation Fund Direct Growth	10.870	3.23%	199 cr	0.94%	-
Quant Dynamic Asset Allocation Fund Direct Growth	17.506	3.12%	901 cr	1.03%	High
HDFC Balanced Advantage Fund Direct Plan Growth Option	556.380	0.18%	105,378 cr	0.74%	Above Average