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

14.900 (-0.865%)

NAV on January 21, 2025

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Extensive Sensitivity
High Quality

Total Assets 2,634 cr

Turnover Ratio 261.88%

Expense Ratio 0.82%

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

Returns

1M: -1.59%
1Y: 15.70%
3M: -2.30%
3Y: 15.65%
6M: 1.36%
5Y: 14.84%

Min Investment 100

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ADDITIONAL INFO

Fund Manager Devang Shah (Since 10 months) Hardik Shah (Since almost 3 years) Jayesh Sundar (Since over 1 year)

ISIN INF846K01A45

Fund Family Axis

P/E Ratio 23.84

P/B Ratio 3.27

Launch Date August 01, 2017

Benchmark

Nifty 50 TR INR

Nifty Composite Debt Index TR INR

Avg. Maturity 15.62 years

Yield To Maturity (%) 7.40%

SECTOR WEIGHTINGS (%)

Financial 31.78%

Industrial 8.74%

Technology 10.03%

Basic Materials 6.02%

Consumer Cyclical 9.9%

Utilities Services 3.09%

Healthcare Services 9.83%

Energy Services 11.17%

Communication Services 4.72%

Consumer Defensive 4.04%

Real Estate 0.68%

RISK MEASURES (3 yrs)

vs Nifty 50 TR INR Nifty Composite Debt Index TR INR

Alpha -

Beta -

R-Squared -

Info Ratio -

Tracking Err -

Sortino 2.265

Sharpe 1.021

Std Dev 9.255

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	525.690	12.66%	95,521 cr	0.75%	High
SBI Balanced Advantage Fund Direct Growth	15.103	12.61%	33,202 cr	0.70%	Below Average
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	24.634	11.90%	4,221 cr	0.77%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	54.340	11.26%	12,428 cr	0.52%	Average
Mahindra Manulife Balanced Advantage Fund Direct Growth	14.414	10.43%	908 cr	0.43%	Average

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Axis Balanced Advantage Fund Direct Growth	22.030	16.38%	2,634 cr	0.82%	Average
Quant Dynamic Asset Allocation Fund Direct Growth	16.116	13.21%	1,310 cr	0.66%	-
HDFC Balanced Advantage Fund Direct Plan Growth Option	525.690	12.66%	95,521 cr	0.75%	High
SBI Balanced Advantage Fund Direct Growth	15.103	12.61%	33,202 cr	0.7%	Below Average
Mahindra Manulife Balanced Advantage Fund Direct Growth	14.414	10.43%	908 cr	0.43%	Average

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 Aggresive Hybrid Fund Direct Growth

Aggressive Allocation
Axis Conservative Hybrid Fund Direct Plan Growth Option

Conservative Allocation
Axis Children's Direct No Lock in Growth

Children
Axis Balanced Advantage Fund Direct Growth

Dynamic Asset Allocation
Axis Equity Savings 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