Item: Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl
Rating: 4
Author: Morningstar

Home › Mutual Funds › Axis Mutual Fund › Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl

15.100 (1.071%)

NAV on November 22, 2024

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Extensive Sensitivity
High Quality

Total Assets 2,547 cr

Turnover Ratio 261.88%

Expense Ratio 0.83%

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

Returns

1M: -0.07%
1Y: 26.51%
3M: 0.60%
3Y: 16.19%
6M: 9.42%
5Y: 15.58%

Min Investment 100

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Devang Shah (Since 8 months) Ashish Naik (Since over 1 year) Hardik Shah (Since almost 3 years) Jayesh Sundar (Since about 1 year)

ISIN INF846K01A45

Fund Family Axis

P/E Ratio 25.30

P/B Ratio 3.53

Launch Date August 01, 2017

Benchmark

Nifty 50 TR INR

Nifty Composite Debt Index TR INR

Avg. Maturity 16.03 years

Yield To Maturity (%) 7.38%

SECTOR WEIGHTINGS (%)

Financial 32.95%

Industrial 8.77%

Technology 10.22%

Basic Materials 6.86%

Consumer Cyclical 9.74%

Utilities Services 3.69%

Healthcare Services 9.73%

Energy Services 8.84%

Communication Services 4.62%

Consumer Defensive 3.92%

Real Estate 0.67%

RISK MEASURES (3 yrs)

vs Nifty 50 TR INR Nifty Composite Debt Index TR INR

Alpha -

Beta -

R-Squared -

Info Ratio -

Tracking Err -

Sortino 2.318

Sharpe 1.046

Std Dev 9.269

Risk Above 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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Rated
Top Performing

Top Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
HDFC Balanced Advantage Fund Direct Plan Growth Option	532.980	26.05%	94,866 cr	0.74%	High
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	25.108	22.44%	4,115 cr	0.72%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	55.270	21.61%	12,306 cr	0.51%	Average
SBI Balanced Advantage Fund Direct Growth	15.119	20.34%	32,661 cr	0.68%	Below Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	76.770	18.20%	60,545 cr	0.87%	Low

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Quant Dynamic Asset Allocation Fund Direct Growth	16.238	33.58%	1,350 cr	0.65%	-
Axis Balanced Advantage Fund Direct Growth	22.320	27.25%	2,547 cr	0.83%	Average
HDFC Balanced Advantage Fund Direct Plan Growth Option	532.980	26.05%	94,866 cr	0.74%	High
HSBC Balanced Advantage Fund Direct Plan Growth Option	48.497	20.52%	1,504 cr	0.77%	Below Average
Kotak Balanced Advantage Fund Direct Growth	21.207	20.00%	16,752 cr	0.53%	Below Average
Sundaram Balanced Advantage Fund - Direct Plan - Growth Option	39.583	19.62%	1,533 cr	0.62%	Average
Bank of India Balanced Advantage Direct Growth	25.887	18.21%	135 cr	1.22%	High