Item: Axis Balanced Advantage Fund Direct Growth
Rating: 3
Author: Morningstar

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

14.450 (0.978%)

NAV on May 20, 2022

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 2,136 cr

Turnover Ratio 370.25%

Expense Ratio 0.77%

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

Returns

1M: -2.43%
1Y: 6.96%
3M: -3.79%
3Y: 8.07%
6M: -6.59%
5Y: N/A

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager R Sivakumar (Since almost 5 years) Anupam Tiwari (Since almost 5 years) Hardik Shah (Since 4 months)

ISIN INF846K01A29

Fund Family Axis

P/E Ratio 26.37

P/B Ratio 4.04

Launch Date August 01, 2017

Benchmark

IISL Nifty 50 TR INR

Nifty Composite Debt Index TR INR

Avg. Maturity 3.22 years

Yield To Maturity (%) 5.96%

SECTOR WEIGHTINGS (%)

Financial 29.74%

Industrial 4.61%

Technology 14.06%

Basic Materials 11.63%

Consumer Cyclical 6.81%

Utilities Services 1.64%

Healthcare Services 7.60%

Energy Services 9.56%

Communication Services 4.44%

Consumer Defensive 9.90%

Real Estate 0.02%

RISK MEASURES (3 yrs)

vs IISL Nifty 50 TR INR Nifty Composite Debt Index TR INR

Alpha -

Beta -

R-Squared -

Info Ratio -

Tracking Err -

Sortino 0.799

Sharpe 0.559

Std Dev 9.152

Risk Low

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	53.400	8.65%	39,761 cr	0.98%	High
Edelweiss Balanced Advantage Fund Direct Plan Growth	37.370	7.94%	8,008 cr	0.46%	Below Average
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	16.077	6.40%	3,189 cr	0.59%	Average

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HDFC Balanced Advantage Fund Direct Plan Growth Option	299.326	15.16%	43,950 cr	0.97%	High
BOI AXA Balanced Advantage Direct Growth	18.419	12.49%	74 cr	1.82%	Average
Tata Balanced Advantage Fund Direct Growth	15.114	9.31%	4,863 cr	0.27%	Below Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	37.370	7.94%	8,008 cr	0.46%	Below Average
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	16.077	6.40%	3,189 cr	0.59%	Average