Item: Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl
Rating: 5
Author: Morningstar

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

13.710 (0.735%)

NAV on October 09, 2026

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Blend

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 3,836 cr

Turnover Ratio 267.68%

Expense Ratio 1.06%

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

Returns

1M: Negative return: -2.07%
1Y: Negative return: -0.41%
3M: Negative return: -2.49%
3Y: Positive return: 12.90%
6M: Positive return: 0.73%
5Y: Positive return: 11.90%

Min Investment 100

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ADDITIONAL INFO

Fund Manager Devang Shah (Since over 2 years) Hardik Shah (Since over 4 years) Jayesh Sundar (Since about 3 years)

ISIN INF846K01A45

Fund Family Axis

P/E Ratio 23.56

P/B Ratio 3.19

Launch Date August 01, 2017

Benchmark

Nifty 50 TR INR

Nifty Composite Debt Index TR INR

Avg. Maturity 2.76 years

Yield To Maturity (%) 7.58%

SECTOR WEIGHTINGS (%)

Financial 33.83%

Industrial 9.14%

Technology 7.43%

Basic Materials 3.6%

Consumer Cyclical 15.82%

Utilities Services 2.87%

Healthcare Services 8.14%

Energy Services 6.63%

Communication Services 4.03%

Consumer Defensive 5.53%

Real Estate 2.97%

RISK MEASURES (3 yrs)

vs Nifty 50 TR INR Nifty Composite Debt Index TR INR

Alpha -

Beta -

R-Squared -

Info Ratio -

Tracking Err -

Sortino 1.074

Sharpe 0.661

Std Dev 10.003

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
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option	₹ 126.460	3.80%	₹ 10,125 cr	0.90%	Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	₹ 59.470	1.59%	₹ 13,445 cr	0.96%	Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	₹ 85.070	0.75%	₹ 75,399 cr	1.04%	Below Average
Quant Dynamic Asset Allocation Fund Direct Growth	₹ 16.574	-2.44%	₹ 852 cr	1.56%	High
HDFC Balanced Advantage Fund Direct Plan Growth Option	₹ 546.088	-3.47%	₹ 107,296 cr	0.77%	Above Average

Best Dynamic Asset Allocation Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option	₹ 126.460	3.80%	₹ 10,125 cr	0.9%	Average
Bandhan Balanced Advantage Direct Growth	₹ 29.026	2.60%	₹ 2,286 cr	1.08%	Below Average
Bank of India Balanced Advantage Direct Growth	₹ 27.608	1.93%	₹ 176 cr	1.4%	Average
DSP Dynamic Asset Allocation Fund Direct Growth	₹ 32.503	1.89%	₹ 3,821 cr	1.09%	Low
Mahindra Manulife Balanced Advantage Fund Direct Growth	₹ 15.595	0.75%	₹ 923 cr	0.85%	Above Average
Axis Balanced Advantage Fund Direct Growth	₹ 23.510	0.00%	₹ 3,836 cr	1.06%	Average
Motilal Oswal Balance Advantage Fund Direct Plan Growth Option	₹ 21.910	-1.79%	₹ 744 cr	1.6%	High