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

13.430 (0.149%)

NAV on April 24, 2024

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Moderate Sensitivity
High Quality

Total Assets 2,103 cr

Turnover Ratio 399.65%

Expense Ratio 0.95%

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

Returns

1M: 1.44%
1Y: 17.91%
3M: -3.24%
3Y: 14.35%
6M: 6.59%
5Y: 11.73%

Min Investment 100

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Devang Shah (Since 21 days) Ashish Naik (Since about 1 year) Hardik Shah (Since about 2 years) Jayesh Sundar (Since 7 months)

ISIN INF846K01A45

Fund Family Axis

P/E Ratio 25.46

P/B Ratio 4.45

Launch Date August 01, 2017

Benchmark

Nifty 50 TR INR

Nifty Composite Debt Index TR INR

Avg. Maturity 9.51 years

Yield To Maturity (%) 7.62%

SECTOR WEIGHTINGS (%)

Financial 32.98%

Industrial 10.55%

Technology 10.99%

Basic Materials 5.69%

Consumer Cyclical 9.71%

Utilities Services 3.1%

Healthcare Services 9.13%

Energy Services 10.36%

Communication Services 2.41%

Consumer Defensive 4.45%

Real Estate 0.63%

RISK MEASURES (3 yrs)

vs Nifty 50 TR INR Nifty Composite Debt Index TR INR

Alpha -

Beta -

R-Squared -

Info Ratio -

Tracking Err -

Sortino 1.442

Sharpe 0.799

Std Dev 10.133

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	494.113	40.33%	79,875 cr	0.72%	High
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	23.226	29.35%	3,784 cr	0.72%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	51.730	27.85%	10,738 cr	0.49%	Average
Tata Balanced Advantage Fund Direct Growth	20.511	23.77%	8,943 cr	0.29%	Below Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	71.720	22.79%	56,175 cr	0.81%	Low

Best Arbitrage Fund Funds

NAME		LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Quant Dynamic Asset Allocation Fund Direct Growth		16.209	61.49%	891 cr	0.74%	-

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HDFC Balanced Advantage Fund Direct Plan Growth Option	494.113	40.33%	79,875 cr	0.72%	High
Edelweiss Balanced Advantage Fund Direct Plan Growth	51.730	27.85%	10,738 cr	0.49%	Average
Bank of India Balanced Advantage Direct Growth	25.216	27.11%	122 cr	1.5%	High

Best Credit Risk Funds

NAME		LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Mahindra Manulife Balanced Advantage Fund Direct Growth		13.735	34.40%	703 cr	0.61%	-

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 Balanced Advantage Fund Direct Growth

Dynamic Asset Allocation
Axis Equity Hybrid Fund Direct Growth

Aggressive Allocation
Axis Equity Saver Fund Direct Plan Growth

Equity Savings
Axis Multi Asset Allocation Fund Direct Plan Growth Option

Multi Asset Allocation
Axis Regular Saver Fund Direct Plan Growth Option

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

Children

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