RS
R SivakumarFund Manager Since 1 Aug 2017
AllocationDynamic Asset Allocation
Axis Balanced Advantage Fund Direct Growth
3Y Annualised
17.43%
0.13% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
3.75%
0.13% 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
4 years 4 months
NIFTY 50
4 years 4 months
FD
9 years 7 months
Fund info
Fund size
₹2935.36 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
Quant Dynamic Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl
6.81%
2nd
Quant Dynamic Asset Allocation Fund Direct Reinvestment Inc Dist cum Cap Wdrl
6.81%
3rd
Quant Dynamic Asset Allocation Fund Regular Reinvestment Inc Dist cum Cap Wdrl
6.68%
4th
Quant Dynamic Asset Allocation Fund Regular Payout Inc Dist cum Cap Wdrl
6.68%
5th
Quant Dynamic Asset Allocation Fund Direct Growth
5.47%
136th
Axis Balanced Advantage Fund Direct Growth
3.75%
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 ₹2935.36 Cr worth of assets under management (AUM) as of Tue May 20 2025. The latest Net Asset Value (NAV) of Axis Balanced Advantage Fund Direct Growth as of Mon May 19 2025 is ₹23.21. The fund has an expense ratio of 0.79%, which is medium comparable to most other Allocation funds.
Axis Balanced Advantage Fund Direct Growth returns for the last 1 year are 15.45%. Since launch, it has delivered 11.43% average annual returns.
The Axis Balanced Advantage Fund Direct Growth has the majority of its money invested in Financial Services, Energy, null, Technology, Consumer Cyclical, Communication Services sectors.
Top 5 Holdings of Axis Balanced Advantage Fund Direct Growth.
- HDFC Bank Ltd: 6.48%
- Reliance Industries Ltd: 6.15%
- 7.34% Govt Stock 2064: 5.24%
- ICICI Bank Ltd: 4.89%
- Infosys Ltd: 3.43%
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
8.63%
expense ratio
0.80%
fund size
₹836.04 Cr
Axis Corporate Bond Fund Regular Growth
Fixed IncomeCorporate Bond
3Y CAGR
7.72%
expense ratio
0.91%
fund size
₹6773.20 Cr
Axis Small Cap Fund Regular Growth
EquitySmall-Cap
3Y CAGR
22.33%
expense ratio
1.61%
fund size
₹23317.93 Cr
Axis Equity Savings Fund Regular Plan Growth
AllocationEquity Savings
3Y CAGR
11.20%
expense ratio
2.27%
fund size
₹941.62 Cr
Axis Multi Asset Allocation Fund Direct Plan Growth Option
AllocationMulti Asset Allocation
3Y CAGR
14.12%
expense ratio
1.06%
fund size
₹1390.80 Cr
FAQs
What is the current NAV of Axis Balanced Advantage Fund Direct Growth?
What are the average returns of Axis Balanced Advantage Fund Direct Growth?
How do I invest in Axis Balanced Advantage Fund Direct Growth?
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What are net assets under management (AUM) of Axis Balanced Advantage Fund Direct Growth?
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What are the top 3 sectors that Axis Balanced Advantage Fund Direct Growth has invested in?
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How to Redeem Axis Balanced Advantage Fund Direct Growth?
Can I invest in SIP and a Lump Sum of Axis Balanced Advantage Fund Direct Growth?
