AXIS Balanced Advantage Fund – Direct Growth

100
Min SIP
100
Min Lumpsum
0.89 %
Expense Ratio
★★
Rating
1,990
Fund Size (in Cr)
7 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 20 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 25.7% 12.9% 12.5% 10.8%
Category Average 22% 15.1% 16.8% -

Scheme Allocation

By Holding
By Sector
By Asset
6.3%
4.92%
4.11%
Others
75.79%
View all Holdings
Holdings Sector Instrument Asset
ICICI Bank Banks Equity 6.3%
Reliance Industr Refineries Equity 5.31%
Infosys IT - Software Equity 4.92%
HDFC Bank Banks Equity 4.11%
Bajaj Finance Finance Equity 3.57%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.61%
Sun Pharma.Inds. Pharmaceuticals Equity 2.58%
UltraTech Cem. Cement Equity 2.03%
Kaynes Tech Consumer Durables Equity 1.99%
Bajaj Auto Automobile Equity 1.93%
NTPC Power Generation & Distribution Equity 1.77%
Pidilite Inds. Chemicals Equity 1.67%
Bharti Airtel Telecomm-Service Equity 1.58%
Coforge IT - Software Equity 1.46%
SBI Life Insuran Insurance Equity 1.4%
St Bk of India Banks Equity 1.31%
M & M Automobile Equity 1.27%
Dabur India FMCG Equity 1.1%
Vijaya Diagnost. Healthcare Equity 1.07%
TCS IT - Software Equity 1.05%
Dixon Technolog. Consumer Durables Equity 1.03%
Indian Bank Banks Equity 1.01%
ICICI Pru Life Insurance Equity 0.97%
TVS Motor Co. Automobile Equity 0.97%
KFin Technolog. Miscellaneous Equity 0.91%
Tata Consumer Plantation & Plantation Products Equity 0.88%
Sona BLW Precis. Auto Ancillaries Equity 0.86%
Bharat Dynamics Aerospace & Defence Equity 0.76%
Mankind Pharma Pharmaceuticals Equity 0.75%
Ambuja Cements Cement Equity 0.75%
Federal Bank Banks Equity 0.7%
Doms Industries Printing & Stationery Equity 0.67%
Brigade Enterpr. Realty Equity 0.61%
Tata Technolog. IT - Software Equity 0.58%
Mphasis IT - Software Equity 0.57%
Jyoti CNC Auto. Capital Goods-Non Electrical Equipment Equity 0.56%
Cholaman.Inv.&Fn Finance Equity 0.55%
Uno Minda Auto Ancillaries Equity 0.52%
Cummins India Capital Goods-Non Electrical Equipment Equity 0.51%
Persistent Sys IT - Software Equity 0.5%
Honasa Consumer Trading Equity 0.5%
Max Healthcare Healthcare Equity 0.47%
Cipla Pharmaceuticals Equity 0.44%
Coal India Mining & Mineral products Equity 0.4%
Bharat Electron Aerospace & Defence Equity 0.4%
Jio Financial Finance Equity 0.36%
P I Industries Agro Chemicals Equity 0.36%
Hind. Unilever FMCG Equity 0.33%
SRF Chemicals Equity 0.32%
Vedant Fashions Retail Equity 0.31%
The Ramco Cement Cement Equity 0.23%
United Spirits Alcoholic Beverages Equity 0.18%
ACC Cement Equity 0.18%
Jubilant Food. Quick Service Restaurant Equity 0.17%
Asian Paints Paints/Varnish Equity 0.17%
BSE Miscellaneous Equity 0.14%
Clean Science Chemicals Equity 0.1%
Global Health Healthcare Equity 0.06%
Nestle India FMCG Equity 0.05%
Kotak Mah. Bank Banks Equity 0.04%
Zee Entertainmen Entertainment Equity 0.03%
Indigo Paints Paints/Varnish Equity 0.02%
Torrent Pharma. Pharmaceuticals Equity 0.01%
Jindal Steel Steel Equity 0%
Debt
31.11%
Banks
13.47%
IT-Software
8.5%
Petroleum Products
5.31%
Finance
4.48%
Others
37.13%
View all Sectors
Sectors Asset
Debt 31.11%
Banks 13.47%
IT-Software 8.5%
Petroleum Products 5.31%
Finance 4.48%
Automobiles 4.17%
Pharmaceuticals & Biotech 3.78%
Cement & Cement Products 3.19%
Construction 2.61%
Industrial Manufacturing 2.55%
Insurance 2.37%
Chemicals & Petrochemical 2.09%
Power 1.77%
Personal Products 1.6%
Healthcare Services 1.6%
Telecom-Services 1.58%
Auto Components 1.38%
Consumer Durables 1.22%
Aerospace & Defense 1.16%
Others 1.07%
Capital Markets 1.05%
Agricultural Food & other 0.88%
Household Products 0.67%
Realty 0.61%
IT-Services 0.58%
Industrial Products 0.51%
Consumable Fuels 0.4%
Fertilisers & Agrochemica 0.36%
Diversified FMCG 0.33%
Retailing 0.31%
Beverages 0.18%
Leisure Services 0.17%
Food Products 0.05%
Entertainment 0.03%
Cash & Others -1.11%
Equity
68.96%
Govt Securities / Sovereign
11.41%
Corporate Debentures
11.37%
T-Bills
4%
Reverse Repos
2.99%
Others
1.27%
View all Assets
Assets Asset
Equity 68.96%
Govt Securities / Sovereign 11.41%
Corporate Debentures 11.37%
T-Bills 4%
Reverse Repos 2.99%
Derivatives 1.07%
Debt & Others 0.89%
Pass Through Certificates 0.45%
Net Curr Ass/Net Receivables -1.11%

Advance Ratio

2.25
Alpha
2.19
SD
0.52
Beta
0.9
Sharpe

Exit Load

Exit Load If redeemed/swich out within 12 months from the date of allotment, - For 10% of investments : Nil - For remaining investments : 1% NIL - If redeemed/switch out after 12 months from the date of allotment.

Fund 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.

Fund Managers

Shreyash Devalkar - Funds and Content Listing - Senior Fund Manager

With 18 years of work experience, Mr Shreyas Devalkar handles Funds and Content Listing at Axis Mutual Fund. His current designation is Senior Fund Manager of Equity, Axis Asset Management Ltd. He joined Axis AMC in November 2016. Before joining Axis AMC, he worked with BNP Paribas Asset Management (India) Pvt. Ltd. as Fund Manager – Equity, IDFC AMC as VP Research – Equity Analyst, IDFC Securities as VP Research – Equity Analyst, and JP Morgan as Credit Analyst.

Mr Shreyas Devalkar’s educational qualifications include MBA (Management) from Jamnalal Bajaj Institute of Management Studies, Bachelor in Chemical Engineering from University Department of Chemical Technology, Mumbai, and HSC from D G Ruparel College. His areas of interest include equity research, financial modelling, portfolio management, etc.

Mr Shreyas Devalkar manages four (4) schemes at Axis Mutual Fund, including Axis Bluechip Fund and Axis Flexi Cap Fund.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Axis Mutual Fund
AUM:
2,63,225 Cr
Address:
Axis House, 1st Floor,C-2, Wadia international centre,Pandurang Budhkar Marg, Worli, Mumbai - 400025
Contact:
022-43255161
Email ID:
customerserivce@axismf.com

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Frequently Asked Questions

How to invest in AXIS Balanced Advantage Fund – Direct Growth ?

You can invest in AXIS Balanced Advantage Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for AXIS Balanced Advantage Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of AXIS Balanced Advantage Fund – Direct Growth ?

The NAV of AXIS Balanced Advantage Fund – Direct Growth is ₹19.5 as of 20 February 2024.

How to redeem AXIS Balanced Advantage Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of AXIS Balanced Advantage Fund – Direct Growth?

The minimum SIP amount of AXIS Balanced Advantage Fund – Direct Growth is ₹100

What are the top sectors AXIS Balanced Advantage Fund – Direct Growth has invested in?

The top sectors AXIS Balanced Advantage Fund – Direct Growth has invested in are
  1. Debt - 31.11%
  2. Banks - 13.47%
  3. IT-Software - 8.5%
  4. Petroleum Products - 5.31%
  5. Finance - 4.48%

Can I make investments in both the SIP and Lump Sum schemes of AXIS Balanced Advantage Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of AXIS Balanced Advantage Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have AXIS Balanced Advantage Fund – Direct Growth generated ?

The AXIS Balanced Advantage Fund – Direct Growth has delivered 10.8% since inception

What is the expense ratio of AXIS Balanced Advantage Fund – Direct Growth ?

The expense ratio of AXIS Balanced Advantage Fund – Direct Growth is 0.89 % as of 20 February 2024.

What is the AUM of AXIS Balanced Advantage Fund – Direct Growth?

The AUM of AXIS Balanced Advantage Fund – Direct Growth is ₹2,63,225 Cr as of 20 February 2024

What are the top stock holdings of AXIS Balanced Advantage Fund – Direct Growth?

The top stock holdings of AXIS Balanced Advantage Fund – Direct Growth are
  1. ICICI Bank - 6.3%
  2. Reliance Industr - 5.31%
  3. Infosys - 4.92%
  4. HDFC Bank - 4.11%
  5. Bajaj Finance - 3.57%

How can I redeem my investments in AXIS Balanced Advantage Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select AXIS Balanced Advantage Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now