Item: Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl
Rating: 3
Author: Morningstar

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

15.270 (0.000%)

NAV on September 05, 2024

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Extensive Sensitivity
High Quality

Total Assets 2,466 cr

Turnover Ratio 261.88%

Expense Ratio 0.85%

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

Returns

1M: 4.37%
1Y: 20.62%
3M: 10.57%
3Y: 13.93%
6M: 5.24%
5Y: 14.80%

Min Investment 100

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Devang Shah (Since 5 months) Ashish Naik (Since over 1 year) Hardik Shah (Since over 2 years) Jayesh Sundar (Since 12 months)

ISIN INF846K01A45

Fund Family Axis

P/E Ratio 25.69

P/B Ratio 3.89

Launch Date August 01, 2017

Benchmark

Nifty 50 TR INR

Nifty Composite Debt Index TR INR

Avg. Maturity 16.42 years

Yield To Maturity (%) 7.39%

SECTOR WEIGHTINGS (%)

Financial 33.43%

Industrial 9.68%

Technology 10.24%

Basic Materials 7.07%

Consumer Cyclical 8.26%

Utilities Services 3.35%

Healthcare Services 8.39%

Energy Services 9.68%

Communication Services 3.17%

Consumer Defensive 6.01%

Real Estate 0.72%

RISK MEASURES (3 yrs)

vs Nifty 50 TR INR Nifty Composite Debt Index TR INR

Alpha -

Beta -

R-Squared -

Info Ratio -

Tracking Err -

Sortino 1.421

Sharpe 0.792

Std Dev 10.097

Risk High

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	550.887	36.82%	94,048 cr	0.73%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	57.300	27.73%	12,117 cr	0.50%	Average
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	25.563	27.54%	4,066 cr	0.70%	Above Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	78.370	23.71%	60,135 cr	0.85%	Low

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HDFC Balanced Advantage Fund Direct Plan Growth Option	550.887	36.82%	94,048 cr	0.73%	Above Average
Axis Balanced Advantage Fund Direct Growth	22.580	31.36%	2,466 cr	0.85%	Average
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	25.563	27.54%	4,066 cr	0.7%	Above Average
Motilal Oswal Balance Advantage Fund Direct Plan Growth Option	25.613	26.87%	1,271 cr	0.96%	High

Other plans of Axis Balanced Advantage Fund

Axis Balanced Advantage Fund Direct Growth

Dynamic Asset Allocation
Axis Balanced Advantage Fund Direct Pyt of Inc Dis cum Cap Wdrl

Dynamic Asset Allocation

Other Balanced funds by Axis

Axis Regular Saver Fund Direct Plan Growth Option

Conservative Allocation
Axis Equity Hybrid Fund Direct Growth

Aggressive Allocation
Axis Children's Gift Direct No Lock in Growth

Children
Axis Balanced Advantage Fund Direct Growth

Dynamic Asset Allocation
Axis Equity Saver Fund Direct Plan Growth

Equity Savings
Axis Multi Asset Allocation Fund Direct Plan Growth Option

Multi Asset Allocation

Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl

previously known as Axis Dynamic Equity Dir IDCW-R until September 30, 2021