RS
R SivakumarFund Manager Since 1 Aug 2017
AllocationDynamic Asset Allocation
Axis Balanced Advantage Fund Direct Growth
3Y Annualised
13.67%
-0.09% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
-1.32%
-0.09% 1D
Benchmark
Nifty 50 Index Fund
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
5 years 5 months
NIFTY 50
6 years 5 months
FD
9 years 7 months
Fund info
Fund size
₹2625.19 Cr
Min. SIP amount
₹100
Min. Lumpsum amount
₹100
Exit load
0.01%
If redeemed / switched out within 12 months from the date of allotment For 10% of investments NIL For remaining investments 1% If redeemed / switched out after 12 months from the date of allotment NIL.
Risk Profile
Moderately High risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
ICICI Prudential Balanced Advantage Fund Quarterly Payout of Inc Dist cum Cap Wdrl
4.56%
2nd
ICICI Prudential Balanced Advantage Fund Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl
4.56%
3rd
ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Payout of Inc Dist cum Cap Wdrl
1.80%
4th
ICICI Prudential Balanced Advantage Fund Direct Plan Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl
1.80%
5th
Parag Parikh Dynamic Asset Allocation Fund Direct Growth
0.62%
68th
Axis Balanced Advantage Fund Direct Growth
-1.32%
Fund Managers
AT
Anupam TiwariFund Manager Since 1 Aug 2017
HS
Hardik ShahFund Manager Since 31 Jan 2022
About Axis Balanced Advantage Fund Direct Growth
Axis Balanced Advantage Fund Direct Growth is a Allocation mutual fund scheme from Axis Asset Management Company Limited. This fund has been in existence for 7 years, having been launched on 2017-08-01. Axis Balanced Advantage Fund Direct Growth has ₹2625.19 Cr worth of assets under management (AUM) as of Sat Mar 15 2025. The latest Net Asset Value (NAV) of Axis Balanced Advantage Fund Direct Growth as of Thu Mar 13 2025 is ₹21.68. The fund has an expense ratio of 0.83%, which is medium comparable to most other Allocation funds.
Axis Balanced Advantage Fund Direct Growth returns for the last 1 year are 12.04%. Since launch, it has delivered 10.70% average annual returns.
The Axis Balanced Advantage Fund Direct Growth has the majority of its money invested in null, Financial Services, Energy, Technology, Consumer Cyclical, Communication Services sectors.
Top 5 Holdings of Axis Balanced Advantage Fund Direct Growth.
- 7.34% Govt Stock 2064: 7.56%
- HDFC Bank Ltd: 6.37%
- Reliance Industries Ltd: 5.61%
- ICICI Bank Ltd: 4.61%
- Infosys Ltd: 3.86%
AMC Information
| Name | Axis Asset Management Company Limited |
|---|---|
| Founding Date | 2017-08-01 |
| customerservice@axismf.com | |
| Phone | +91 22 43255161 |
| Website | www.axismf.com |
| Address | Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli, |
Tax Implications of Axis Balanced Advantage Fund Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from Axis Asset Management Company Limited
Axis Gilt Fund Growth
Fixed IncomeGovernment Bond
3Y CAGR
6.94%
expense ratio
0.80%
fund size
₹912.09 Cr
Axis Corporate Bond Fund Regular Growth
Fixed IncomeCorporate Bond
3Y CAGR
6.44%
expense ratio
0.91%
fund size
₹6298.58 Cr
Axis Small Cap Fund Regular Growth
EquitySmall-Cap
3Y CAGR
15.45%
expense ratio
1.61%
fund size
₹20954.45 Cr
Axis Equity Savings Fund Regular Plan Growth
AllocationEquity Savings
3Y CAGR
8.42%
expense ratio
2.26%
fund size
₹929.60 Cr
Axis Multi Asset Allocation Fund Direct Plan Growth Option
AllocationMulti Asset Allocation
3Y CAGR
8.77%
expense ratio
1.07%
fund size
₹1270.15 Cr
FAQs
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