Latest NAV & returns of AXIS ASSET MANAGEMENT COMPANY LIMITED

Axis Balanced Advantage Fund Direct Growth

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previously known as Axis Dynamic Equity Dir Gr until

NAV on May 24, 2024
Category Allocation:
Dynamic Asset Allocation
Investment StyleBox
Large Growth

Interest rate sensitivity
Credit quality
Extensive Sensitivity
High Quality

Total Assets 2,124 cr
Turnover Ratio 399.65%
Expense Ratio 0.90%
Exit Load 1.00%if redeemed within
12 Months
0.00%if redeemed after 12 Months
Returns
  • 1M: 3.58%
  • 1Y: 28.00%
  • 3M: 4.63%
  • 3Y: 14.73%
  • 6M: 17.34%
  • 5Y: 12.39%
Min Investment 100
ADDITIONAL INFO
Fund Manager Devang Shah (Since about 2 months) Ashish Naik (Since about 1 year) Hardik Shah (Since over 2 years) Jayesh Sundar (Since 8 months)
ISIN INF846K01A29
Fund Family Axis
P/E Ratio 25.13
P/B Ratio 4.19
Launch Date August 01, 2017
Benchmark

Nifty 50 TR INR

Nifty Composite Debt Index TR INR

Avg. Maturity 16.57 years
Yield To Maturity (%) 7.71%
ASSET ALLOCATION
EQUITY DISTRIBUTION
CREDIT QUALITY (%)
AAA 79.74%
AA 19.80%
A 0.46%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
Unrated 0.00%
SECTOR WEIGHTINGS (%)
Financial 34.46%
Industrial 11.09%
Technology 9.96%
Basic Materials 6.09%
Consumer Cyclical 8.93%
Utilities Services 3.45%
Healthcare Services 8.36%
Energy Services 9.81%
Communication Services 3.31%
Consumer Defensive 3.80%
Real Estate 0.75%
RISK MEASURES (3 yrs)
vs Nifty 50 TR INR Nifty Composite Debt Index TR INR

Alpha -
Beta -
R-Squared -
Info Ratio -
Tracking Err -
Sortino 2.275
Sharpe 1.130
Std Dev 7.472
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 Dynamic Asset Allocation Funds
NAME LATEST
NAV
RETURNS
1y      
FUND
ASSETS
EXPENSE
RATIO
RISK
517.447 43.85% 83,549 cr 0.73% High
23.839 29.92% 3,805 cr 0.72% Above Average
53.370 27.92% 11,136 cr 0.48% Average
72.990 22.47% 56,709 cr 0.86% Low
Best Arbitrage Fund Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
16.494 64.83% 1,047 cr 0.65% -
Best Dynamic Asset Allocation Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
517.447 43.85% 83,549 cr 0.73% High
23.839 29.92% 3,805 cr 0.72% Above Average
Best Credit Risk Funds
NAME LATEST
NAV
RETURNS
1y    
FUND
ASSETS
Expense
RATIO
RISK
13.989 33.00% 731 cr 0.57% -


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