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

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

19.900 (0.505%)

NAV on May 14, 2024

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Moderate Sensitivity
High Quality

Total Assets 2,124 cr

Turnover Ratio 399.65%

Expense Ratio 0.94%

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

Returns

1M: -0.15%
1Y: 24.84%
3M: 3.38%
3Y: 14.12%
6M: 14.76%
5Y: 12.30%

Min Investment 100

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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 9.51 years

Yield To Maturity (%) 7.62%

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.

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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	498.772	39.22%	83,549 cr	0.72%	High
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	23.229	25.93%	3,805 cr	0.72%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	52.050	25.63%	11,136 cr	0.49%	Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	71.960	20.41%	56,709 cr	0.81%	Low