AXIS Balanced Advantage Fund – Direct Growth

100
Min SIP
100
Min Lumpsum
0.8 %
Expense Ratio
★★
Rating
1,978
Fund Size (in Cr)
6 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 22 September 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 11.2% 13.6% 9.4% 9.3%
Category Average 13.1% 22% 14.1% -

Scheme Allocation

By Holding
By Sector
By Asset
6.91%
6.79%
4.99%
Others
73.01%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 6.91%
ICICI Bank Banks Equity 6.79%
Infosys IT - Software Equity 4.99%
Bajaj Finance Finance Equity 4.27%
Kotak Mah. Bank Banks Equity 4.03%
Reliance Industr Refineries Equity 3.5%
Ambuja Cements Cement Equity 3.49%
Asian Paints Paints/Varnish Equity 2.85%
Sun Pharma.Inds. Pharmaceuticals Equity 2.71%
Persistent Sys IT - Software Equity 2.68%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.56%
Cipla Pharmaceuticals Equity 2.56%
UltraTech Cem. Cement Equity 2.55%
Hind. Unilever FMCG Equity 2.54%
Kaynes Tech Consumer Durables Equity 2.43%
M & M Automobile Equity 2.25%
SBI Life Insuran Insurance Equity 1.85%
Cholaman.Inv.&Fn Finance Equity 1.78%
TVS Motor Co. Automobile Equity 1.55%
Coforge IT - Software Equity 1.29%
St Bk of India Banks Equity 1.16%
KFin Technolog. Miscellaneous Equity 1.03%
TCS IT - Software Equity 0.94%
Tata Power Co. Power Generation & Distribution Equity 0.94%
Sona BLW Precis. Auto Ancillaries Equity 0.91%
Bharti Airtel Telecomm-Service Equity 0.87%
Zee Entertainmen Entertainment Equity 0.86%
Vedant Fashions Retail Equity 0.76%
Global Health Healthcare Equity 0.72%
Nestle India FMCG Equity 0.69%
The Ramco Cement Cement Equity 0.62%
Jindal Steel Steel Equity 0.48%
Jio Financial Finance Equity 0.34%
SRF Chemicals Equity 0.32%
Indigo Paints Paints/Varnish Equity 0.3%
ACC Cement Equity 0.3%
PB Fintech. IT - Software Equity 0.26%
Dabur India FMCG Equity 0.19%
Natl. Aluminium Non Ferrous Metals Equity 0.18%
Clean Science Chemicals Equity 0.17%
HDFC Life Insur. Insurance Equity 0.09%
GAIL (India) Gas Distribution Equity 0.04%
Indiabulls Hous. Finance Equity 0.04%
Mankind Pharma Trading Equity 0.03%
Tata Consumer Plantation & Plantation Products Equity 0.02%
United Spirits Alcoholic Beverages Equity 0.01%
Debt
23.81%
Banks
19.54%
IT-Software
9%
Cash & Others
8.66%
Cement & Cement Products
7.16%
Others
31.83%
View all Sectors
Sectors Asset
Debt 23.81%
Banks 19.54%
IT-Software 9%
Cash & Others 8.66%
Cement & Cement Products 7.16%
Finance 6.46%
Pharmaceuticals & Biotech 5.13%
Automobiles 3.88%
Petroleum Products 3.65%
Consumer Durables 3.21%
Diversified FMCG 2.55%
Construction 2.5%
Industrial Manufacturing 2.15%
Insurance 2.01%
Power 0.89%
Telecom-Services 0.88%
Capital Markets 0.87%
Auto Components 0.85%
Entertainment 0.78%
Retailing 0.76%
Healthcare Services 0.71%
Food Products 0.7%
Ferrous Metals 0.46%
Chemicals & Petrochemical 0.45%
Financial Technology (Fin 0.24%
Personal Products 0.2%
Non-Ferrous Metals 0.18%
Agricultural Food & other 0.05%
Gas 0.04%
Electrical Equipments 0.03%
Beverages 0.01%
Others -7.79%
Equity
75.85%
Corporate Debentures
13.91%
Net Curr Ass/Net Receivables
6.85%
Govt Securities / Sovereign
4.9%
T-Bills
3.46%

Advance Ratio

3.96
Alpha
2.18
SD
0.47
Beta
1.67
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:
2,48,980 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

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 ₹17.1 as of 22 September 2023.

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 - 23.81%
  2. Banks - 19.54%
  3. IT-Software - 9%
  4. Cash & Others - 8.66%
  5. Cement & Cement Products - 7.16%

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 9.3% 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 0.8 % as of 22 September 2023.

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

The AUM of AXIS Balanced Advantage Fund – Direct Growth is ₹2,48,980 Cr as of 22 September 2023

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. HDFC Bank - 6.91%
  2. ICICI Bank - 6.79%
  3. Infosys - 4.99%
  4. Bajaj Finance - 4.27%
  5. Kotak Mah. Bank - 4.03%

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