Item: Axis Balanced Advantage Fund Direct Growth
Rating: 3
Author: Morningstar

Home › Mutual Funds › Axis Mutual Fund › Axis Balanced Advantage Fund Direct Growth

20.240 (0.546%)

NAV on May 17, 2024

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Extensive Sensitivity
High Quality

Total Assets 2,124 cr

Turnover Ratio 399.65%

Expense Ratio 0.90%

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

Returns

1M: 2.85%
1Y: 26.90%
3M: 3.95%
3Y: 14.45%
6M: 15.46%
5Y: 12.44%

Min Investment 100

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Devang Shah (Since about 1 month) Ashish Naik (Since about 1 year) Hardik Shah (Since over 2 years) Jayesh Sundar (Since 8 months)

ISIN INF846K01A29

Fund Family Axis

P/E Ratio 25.13

P/B Ratio 4.19

Launch Date August 01, 2017

Benchmark

Nifty 50 TR INR

Nifty Composite Debt Index TR INR

Avg. Maturity 16.57 years

Yield To Maturity (%) 7.71%

SECTOR WEIGHTINGS (%)

Financial 34.46%

Industrial 11.09%

Technology 9.96%

Basic Materials 6.09%

Consumer Cyclical 8.93%

Utilities Services 3.45%

Healthcare Services 8.36%

Energy Services 9.81%

Communication Services 3.31%

Consumer Defensive 3.80%

Real Estate 0.75%

RISK MEASURES (3 yrs)

vs Nifty 50 TR INR Nifty Composite Debt Index TR INR

Alpha -

Beta -

R-Squared -

Info Ratio -

Tracking Err -

Sortino 2.275

Sharpe 1.130

Std Dev 7.472

Risk 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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

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	507.329	40.92%	83,549 cr	0.72%	High
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	23.515	27.73%	3,805 cr	0.72%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	52.740	26.99%	11,136 cr	0.48%	Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	72.370	21.73%	56,709 cr	0.86%	Low

Best Arbitrage Fund Funds

NAME		LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Quant Dynamic Asset Allocation Fund Direct Growth		16.186	61.01%	1,047 cr	0.65%	-

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Edelweiss Balanced Advantage Fund Direct Plan Growth	52.740	26.99%	11,136 cr	0.48%	Average
Bank of India Balanced Advantage Direct Growth	25.390	25.80%	126 cr	1.5%	High

Other plans of Axis Balanced Advantage Fund

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

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

Dynamic Asset Allocation

Other Balanced funds by Axis

Axis Equity Hybrid Fund Direct Growth

Aggressive Allocation
Axis Regular Saver Fund Direct Plan Growth Option

Conservative Allocation
Axis Equity Saver Fund Direct Plan Growth

Equity Savings
Axis Multi Asset Allocation Fund Direct Plan Growth Option

Multi Asset Allocation
Axis Children's Gift Direct No Lock in Growth

Children

Axis Balanced Advantage Fund Direct Growth

previously known as Axis Dynamic Equity Dir Gr until September 30, 2021