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

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

22.780 (-1.343%)

NAV on March 27, 2026

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 3,799 cr

Turnover Ratio 209.47%

Expense Ratio 0.73%

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

Returns

1M: -5.12%
1Y: 1.92%
3M: -5.87%
3Y: 14.69%
6M: -1.81%
5Y: 11.31%

Min Investment 100

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ADDITIONAL INFO

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

ISIN INF846K01A29

Fund Family Axis

P/E Ratio 13.24

P/B Ratio 3.40

Launch Date August 01, 2017

Benchmark

Nifty 50 TR INR

Nifty Composite Debt Index TR INR

Avg. Maturity 3.53 years

Yield To Maturity (%) 6.93%

SECTOR WEIGHTINGS (%)

Financial 33.52%

Industrial 9.24%

Technology 10.9%

Basic Materials 4.49%

Consumer Cyclical 11.85%

Utilities Services 3.59%

Healthcare Services 7.39%

Energy Services 8.37%

Communication Services 2.73%

Consumer Defensive 5.95%

Real Estate 1.97%

RISK MEASURES (3 yrs)

vs Nifty 50 TR INR Nifty Composite Debt Index TR INR

Alpha -

Beta -

R-Squared -

Info Ratio -

Tracking Err -

Sortino 2.382

Sharpe 1.262

Std Dev 7.192

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	81.560	5.46%	71,151 cr	0.86%	Low
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option	118.550	4.49%	9,104 cr	0.66%	Average
SBI Balanced Advantage Fund Direct Growth	15.860	4.26%	40,952 cr	0.69%	Low
Edelweiss Balanced Advantage Fund Direct Plan Growth	56.640	3.28%	13,176 cr	0.52%	Average
HDFC Balanced Advantage Fund Direct Plan Growth Option	533.511	0.69%	107,590 cr	0.77%	Above Average

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Bank of India Balanced Advantage Direct Growth	27.115	6.74%	148 cr	1.15%	Above Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	81.560	5.46%	71,151 cr	0.86%	Low
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option	118.550	4.49%	9,104 cr	0.66%	Average
DSP Dynamic Asset Allocation Fund Direct Growth	31.507	4.26%	3,732 cr	0.63%	Low
SBI Balanced Advantage Fund Direct Growth	15.860	4.26%	40,952 cr	0.69%	Low
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	25.729	3.72%	4,767 cr	0.75%	High
Axis Balanced Advantage Fund Direct Growth	22.780	1.92%	3,799 cr	0.73%	Average