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Axis Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationModerately High risk
Direct
NAV (27-Mar-25)
₹22.350.36%1D
Returns (Since Inception)
11.08%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹2,625 Cr
Expense Ratio
0.79%
ISIN
INF846K01A29
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
01 Aug 2017
About this fund
Axis Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 7 years, 7 months and 27 days, having been launched on 01-Aug-17.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹22.35, Assets Under Management (AUM) of 2625.19 Crores, and an expense ratio of 0.79%.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹22.35, Assets Under Management (AUM) of 2625.19 Crores, and an expense ratio of 0.79%.
- Axis Balanced Advantage Fund Direct Growth has given a CAGR return of 11.08% since inception.
- The fund's asset allocation comprises around 51.02% in equities, 27.21% in debts, and 21.77% in cash & cash equivalents.
- You can start investing in Axis Balanced Advantage Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+13.45%
+5.81% (Cat Avg.)
3 Years
+14.39%
+11.03% (Cat Avg.)
5 Years
+15.83%
+15.62% (Cat Avg.)
Since Inception
+11.08%
— (Cat Avg.)
Portfolio Summaryas of 28th February 2025
| Equity | ₹1,339.29 Cr | 51.02% |
| Debt | ₹714.42 Cr | 27.21% |
| Others | ₹571.48 Cr | 21.77% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹431.29 Cr | 16.43% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹198.33 Cr | 7.56% |
| HDFC Bank Ltd | Equity | ₹167.28 Cr | 6.37% |
| Reliance Industries Ltd | Equity | ₹147.38 Cr | 5.61% |
| ICICI Bank Ltd | Equity | ₹121.04 Cr | 4.61% |
| Infosys Ltd | Equity | ₹101.27 Cr | 3.86% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹100.37 Cr | 3.82% |
| Mahindra & Mahindra Ltd | Equity | ₹76.13 Cr | 2.90% |
| Bajaj Finance Ltd | Equity | ₹70.75 Cr | 2.70% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-69.37 Cr | 2.64% |
| Bharti Airtel Ltd | Equity | ₹64.27 Cr | 2.45% |
| State Bank of India | Equity | ₹62.67 Cr | 2.39% |
| 7.25% Govt Stock 2063 | Bond - Gov't/Treasury | ₹55.71 Cr | 2.12% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹52.05 Cr | 1.98% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹51.09 Cr | 1.95% |
| Larsen & Toubro Ltd | Equity | ₹44.3 Cr | 1.69% |
| Tata Consultancy Services Ltd | Equity | ₹41 Cr | 1.56% |
| NTPC Ltd | Equity | ₹39.6 Cr | 1.51% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹35.75 Cr | 1.36% |
| Nifty March 2025 Future | Equity Index - Future | ₹30.08 Cr | 1.15% |
| SBI Life Insurance Co Ltd | Equity | ₹28.7 Cr | 1.09% |
| Kotak Mahindra Bank Ltd | Equity | ₹28.66 Cr | 1.09% |
| Indus Infra Trust Unit | Equity | ₹28.57 Cr | 1.09% |
| Pidilite Industries Ltd | Equity | ₹28.43 Cr | 1.08% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-27.99 Cr | 1.07% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹25.37 Cr | 0.97% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹25.19 Cr | 0.96% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹25.04 Cr | 0.95% |
| 6.92% Govt Stock 2039 | Bond - Gov't/Treasury | ₹25.04 Cr | 0.95% |
| 360 One Prime Limited | Bond - Corporate Bond | ₹25.02 Cr | 0.95% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.97 Cr | 0.95% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.97 Cr | 0.95% |
| Shriram Finance Ltd. 8.75% | Bond - Corporate Bond | ₹24.95 Cr | 0.95% |
| Future on SBI Life Insurance Co Ltd | Equity - Future | ₹-24.66 Cr | 0.94% |
| Hdfc Bank Limited March 2025 Future | Equity - Future | ₹-23.8 Cr | 0.91% |
| Bajaj Auto Ltd | Equity | ₹22.43 Cr | 0.85% |
| ITC Ltd | Equity | ₹22.3 Cr | 0.85% |
| Cipla Ltd | Equity | ₹21.95 Cr | 0.84% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-21.89 Cr | 0.83% |
| Hindalco Industries Ltd | Equity | ₹21.22 Cr | 0.81% |
| Cholamandalam Investment And Fin. Co. Ltd | Bond - Corporate Bond | ₹20.36 Cr | 0.78% |
| 91 DTB 28032025 | Bond - Gov't/Treasury | ₹19.91 Cr | 0.76% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹19.7 Cr | 0.75% |
| 182 DTB 12062025 | Bond - Gov't/Treasury | ₹19.64 Cr | 0.75% |
| Icici Bank Limited March 2025 Future | Equity - Future | ₹-19.08 Cr | 0.73% |
| Bank Nifty Index March 2025 Future | Equity Index - Future | ₹18.97 Cr | 0.72% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-18.79 Cr | 0.72% |
| Future on Bajaj Auto Ltd | Equity - Future | ₹-18.54 Cr | 0.71% |
| HDFC Life Insurance Co Ltd | Equity | ₹18.29 Cr | 0.70% |
| Titan Co Ltd | Equity | ₹18.2 Cr | 0.69% |
| Coal India Ltd | Equity | ₹18.18 Cr | 0.69% |
| Tata Motors Ltd | Equity | ₹16.93 Cr | 0.64% |
| DOMS Industries Ltd | Equity | ₹16.13 Cr | 0.61% |
| Vijaya Diagnostic Centre Ltd | Equity | ₹15.9 Cr | 0.61% |
| Divi's Laboratories Ltd | Equity | ₹15.75 Cr | 0.60% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹15.32 Cr | 0.58% |
| Indian Bank | Equity | ₹15.11 Cr | 0.58% |
| Coforge Ltd | Equity | ₹14.93 Cr | 0.57% |
| Indian Railway Finance Corporation Ltd. | Bond - Corporate Bond | ₹14.82 Cr | 0.56% |
| Hindustan Unilever Ltd | Equity | ₹14.62 Cr | 0.56% |
| PNB Housing Finance Ltd | Equity | ₹14.47 Cr | 0.55% |
| Info Edge (India) Ltd | Equity | ₹14.24 Cr | 0.54% |
| Cummins India Ltd | Equity | ₹14.05 Cr | 0.54% |
| Trent Limited March 2025 Future | Equity - Future | ₹-14.02 Cr | 0.53% |
| Trent Ltd | Equity | ₹13.97 Cr | 0.53% |
| PI Industries Ltd | Equity | ₹13.66 Cr | 0.52% |
| Future on Coal India Ltd | Equity - Future | ₹-13.45 Cr | 0.51% |
| Oil & Natural Gas Corp Ltd | Equity | ₹13.39 Cr | 0.51% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹12.95 Cr | 0.49% |
| Grasim Industries Ltd | Equity | ₹12.82 Cr | 0.49% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-12.42 Cr | 0.47% |
| Mankind Pharma Ltd | Equity | ₹12.08 Cr | 0.46% |
| United Spirits Ltd | Equity | ₹12.07 Cr | 0.46% |
| Future on State Bank of India | Equity - Future | ₹-11.95 Cr | 0.46% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹11.64 Cr | 0.44% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹11.58 Cr | 0.44% |
| Bharat Petroleum Corp Ltd | Equity | ₹11.45 Cr | 0.44% |
| TVS Motor Co Ltd | Equity | ₹10.46 Cr | 0.40% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹10.2 Cr | 0.39% |
| Tata Motors Limited March 2025 Future | Equity - Future | ₹-10.16 Cr | 0.39% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹10.06 Cr | 0.38% |
| Dlf Home Developers Limited 8.5% | Bond - Corporate Bond | ₹10.02 Cr | 0.38% |
| TVS Holdings Limited | Bond - Corporate Bond | ₹9.99 Cr | 0.38% |
| Renserv Global Pvt Ltd. 10.18% | Bond - Corporate Bond | ₹9.99 Cr | 0.38% |
| Future on NTPC Ltd | Equity - Future | ₹-9.94 Cr | 0.38% |
| 91 DTB 10042025 | Bond - Gov't/Treasury | ₹9.93 Cr | 0.38% |
| Bharat Electronics Ltd | Equity | ₹9.88 Cr | 0.38% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹9.67 Cr | 0.37% |
| TBO Tek Ltd | Equity | ₹9.62 Cr | 0.37% |
| Premier Energies Ltd | Equity | ₹9.61 Cr | 0.37% |
| Brigade Enterprises Ltd | Equity | ₹9.24 Cr | 0.35% |
| Jyoti CNC Automation Ltd | Equity | ₹9.05 Cr | 0.34% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-8.86 Cr | 0.34% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-8.53 Cr | 0.32% |
| Tech Mahindra Ltd | Equity | ₹8.48 Cr | 0.32% |
| Tata Consumer Products Ltd | Equity | ₹8.46 Cr | 0.32% |
| UltraTech Cement Ltd | Equity | ₹8.45 Cr | 0.32% |
| Kaynes Technology India Ltd | Equity | ₹8.15 Cr | 0.31% |
| Itc Limited March 2025 Future | Equity - Future | ₹-8.13 Cr | 0.31% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-7.9 Cr | 0.30% |
| Tata Power Co Ltd | Equity | ₹7.88 Cr | 0.30% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹6.86 Cr | 0.26% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-6.77 Cr | 0.26% |
| The Federal Bank Ltd | Equity | ₹6.33 Cr | 0.24% |
| Future on Coforge Ltd | Equity - Future | ₹-5.98 Cr | 0.23% |
| Titan Company Limited March 2025 Future | Equity - Future | ₹-5.42 Cr | 0.21% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-5.35 Cr | 0.20% |
| Power Grid Corp Of India Ltd | Equity | ₹5.27 Cr | 0.20% |
| Dabur India Ltd | Equity | ₹5.16 Cr | 0.20% |
| GPT Healthcare Ltd | Equity | ₹5.14 Cr | 0.20% |
| Tata Steel Limited | Bond - Corporate Bond | ₹5.05 Cr | 0.19% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-5.02 Cr | 0.19% |
| Emcure Pharmaceuticals Ltd | Equity | ₹5.02 Cr | 0.19% |
| Aadhar Housing Finance Limited | Bond - Corporate Bond | ₹5.01 Cr | 0.19% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹5 Cr | 0.19% |
| 06.39 AP Sdl 2026 | Bond - Gov't/Treasury | ₹4.98 Cr | 0.19% |
| Mphasis Ltd | Equity | ₹4.97 Cr | 0.19% |
| 06.48 RJ Sdl 2027 | Bond - Gov't/Treasury | ₹4.97 Cr | 0.19% |
| Lupin Ltd | Equity | ₹4.86 Cr | 0.19% |
| Future on Lupin Ltd | Equity - Future | ₹-4.85 Cr | 0.18% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-4.65 Cr | 0.18% |
| Shriram Finance Ltd | Equity | ₹4.63 Cr | 0.18% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-4.53 Cr | 0.17% |
| IndusInd Bank Ltd | Equity | ₹4.5 Cr | 0.17% |
| Steel Authority Of India Ltd | Equity | ₹4.41 Cr | 0.17% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-4.41 Cr | 0.17% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-4.4 Cr | 0.17% |
| Sona BLW Precision Forgings Ltd | Equity | ₹4.38 Cr | 0.17% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-4.02 Cr | 0.15% |
| Future on Mphasis Ltd | Equity - Future | ₹-3.97 Cr | 0.15% |
| Premier Energies Limited | Equity | ₹3.63 Cr | 0.14% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-3.52 Cr | 0.13% |
| VAJRA 003 TRUST | Bond - Asset Backed | ₹3.19 Cr | 0.12% |
| Future on Samvardhana Motherson International Ltd | Equity - Future | ₹-3.17 Cr | 0.12% |
| Samvardhana Motherson International Ltd | Equity | ₹3.16 Cr | 0.12% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-3.05 Cr | 0.12% |
| Future on Bharat Heavy Electricals Ltd | Equity - Future | ₹-3.03 Cr | 0.12% |
| Bharat Heavy Electricals Ltd | Equity | ₹3.01 Cr | 0.11% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-2.72 Cr | 0.10% |
| GAIL (India) Ltd | Equity | ₹2.71 Cr | 0.10% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-2.69 Cr | 0.10% |
| Eicher Motors Ltd | Equity | ₹2.67 Cr | 0.10% |
| Siemens Limited March 2025 Future | Equity - Future | ₹-2.54 Cr | 0.10% |
| Siemens Ltd | Equity | ₹2.53 Cr | 0.10% |
| UNO Minda Ltd | Equity | ₹2.41 Cr | 0.09% |
| Acc Limited March 2025 Future | Equity - Future | ₹-2.3 Cr | 0.09% |
| ACC Ltd | Equity | ₹2.29 Cr | 0.09% |
| Future on Dabur India Ltd | Equity - Future | ₹-2.23 Cr | 0.09% |
| Future on Info Edge (India) Ltd | Equity - Future | ₹-2.16 Cr | 0.08% |
| Titagarh Rail Systems Ltd | Equity | ₹2.15 Cr | 0.08% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-2.1 Cr | 0.08% |
| HCL Technologies Ltd | Equity | ₹2.09 Cr | 0.08% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹2 Cr | 0.08% |
| 06.24 MH Sdl 2026 | Bond - Gov't/Treasury | ₹1.99 Cr | 0.08% |
| Future on Hindustan Copper Ltd | Equity - Future | ₹-1.94 Cr | 0.07% |
| Hindustan Copper Ltd | Equity | ₹1.93 Cr | 0.07% |
| Future on Exide Industries Ltd | Equity - Future | ₹-1.76 Cr | 0.07% |
| Exide Industries Ltd | Equity | ₹1.75 Cr | 0.07% |
| Infosys Limited March 2025 Future | Equity - Future | ₹-1.7 Cr | 0.06% |
| Future on Indian Energy Exchange Ltd | Equity - Future | ₹-1.59 Cr | 0.06% |
| Indian Energy Exchange Ltd | Equity | ₹1.58 Cr | 0.06% |
| Tamil Nadu (Government of) 7.42% | Bond - Sub-sovereign Government Debt | ₹1.02 Cr | 0.04% |
| Future on Bank of Baroda | Equity - Future | ₹-0.93 Cr | 0.04% |
| Bank of Baroda | Equity | ₹0.92 Cr | 0.04% |
| Future on ICICI Prudential Life Insurance Co Ltd | Equity - Future | ₹-0.87 Cr | 0.03% |
| Nestle India Ltd | Equity | ₹0.86 Cr | 0.03% |
| Future on InterGlobe Aviation Ltd | Equity - Future | ₹-0.81 Cr | 0.03% |
| InterGlobe Aviation Ltd | Equity | ₹0.81 Cr | 0.03% |
| Future on Varun Beverages Ltd | Equity - Future | ₹-0.73 Cr | 0.03% |
| Varun Beverages Ltd | Equity | ₹0.72 Cr | 0.03% |
| ITC Hotels Ltd | Equity | ₹0.59 Cr | 0.02% |
| Future on Havells India Ltd | Equity - Future | ₹-0.57 Cr | 0.02% |
| Havells India Ltd | Equity | ₹0.57 Cr | 0.02% |
| Ambuja Cements Ltd | Equity | ₹0.31 Cr | 0.01% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-0.3 Cr | 0.01% |
| Future on Bajaj Finserv Ltd | Equity - Future | ₹-0.28 Cr | 0.01% |
| Bajaj Finserv Ltd | Equity | ₹0.28 Cr | 0.01% |
| Indus Towers Limited March 2025 Future | Equity - Future | ₹-0.28 Cr | 0.01% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹0.27 Cr | 0.01% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-0.27 Cr | 0.01% |
| Future on Hero MotoCorp Ltd | Equity - Future | ₹-0.22 Cr | 0.01% |
| Hero MotoCorp Ltd | Equity | ₹0.22 Cr | 0.01% |
| Hindalco Industries Limited 600 Call March 2025 Option | Equity - Option (Call) | ₹0.18 Cr | 0.01% |
| Future on United Spirits Ltd | Equity - Future | ₹-0.18 Cr | 0.01% |
| Torrent Pharmaceuticals Ltd | Equity | ₹0.15 Cr | 0.01% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-0.12 Cr | 0.00% |
| Aurobindo Pharma Ltd | Equity | ₹0.12 Cr | 0.00% |
| Future on Glenmark Pharmaceuticals Ltd | Equity - Future | ₹-0.08 Cr | 0.00% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹0.08 Cr | 0.00% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-0.08 Cr | 0.00% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹0.08 Cr | 0.00% |
| Future on Asian Paints Ltd | Equity - Future | ₹-0.04 Cr | 0.00% |
| Asian Paints Ltd | Equity | ₹0.04 Cr | 0.00% |
| Vedant Fashions Ltd | Equity | ₹0 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
44.43%
Mid Cap Stocks
3.49%
Small Cap Stocks
3.30%
Allocation By Credit Quality (Debt)
AAA
AA
A
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹593.59 Cr | 22.61% |
| Energy | ₹190.4 Cr | 7.25% |
| Consumer Cyclical | ₹182.92 Cr | 6.97% |
| Technology | ₹182.36 Cr | 6.95% |
| Healthcare | ₹144.81 Cr | 5.52% |
| Industrials | ₹122.2 Cr | 4.65% |
| Basic Materials | ₹93.56 Cr | 3.56% |
| Communication Services | ₹78.79 Cr | 3.00% |
| Consumer Defensive | ₹64.2 Cr | 2.45% |
| Utilities | ₹55.47 Cr | 2.11% |
| Real Estate | ₹9.24 Cr | 0.35% |
Risk & Performance Ratios
Standard Deviation
This fund
8.08%
Cat. avg.
8.43%
Lower the better
Sharpe Ratio
This fund
0.77
Cat. avg.
0.48
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.81
Higher the better
Fund Managers
Additional Scheme Detailsas of 28th February 2025
ISIN INF846K01A29 | Expense Ratio 0.79% | Exit Load 1.00% | Fund Size ₹2,625 Cr | Age 7 years 7 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark Nifty 50 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹890.56 Cr | -6.5% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹890.56 Cr | -5.3% |
| Quant Dynamic Asset Allocation Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1140.21 Cr | 3.7% |
| Quant Dynamic Asset Allocation Fund Regular Growth High Risk | 2.2% | 1.0% | ₹1140.21 Cr | 2.2% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.8% | 0.0% | ₹2141.18 Cr | 9.9% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 0.0% | ₹2141.18 Cr | 8.5% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹843.27 Cr | 5.6% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹843.27 Cr | 7.4% |
| Mirae Asset Balanced Advantage Fund Direct Growth Moderately High risk | 0.6% | 1.0% | ₹1695.72 Cr | 10.4% |
| Mirae Asset Balanced Advantage Fund Regular Growth Moderately High risk | 2.1% | 1.0% | ₹1695.72 Cr | 8.8% |
About the AMC
Axis Mutual Fund
Total AUM
₹3,16,417 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at Moderately High risk
Take control of your wealth
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What is the current NAV of Axis Balanced Advantage Fund Direct Growth?
The NAV of Axis Balanced Advantage Fund Direct Growth, as of 27-Mar-2025, is ₹22.35.
What are the returns of Axis Balanced Advantage Fund Direct Growth?
The fund has generated 13.45% over the last 1 year and 14.39% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Axis Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 51.02% in equities, 27.21% in bonds, and 21.77% in cash and cash equivalents.
Who manages the Axis Balanced Advantage Fund Direct Growth?
The fund managers responsible for Axis Balanced Advantage Fund Direct Growth are:-
- Devang Shah
- Hardik Shah
- Jayesh Sundar
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
Axis Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationModerately High risk
Direct
NAV (27-Mar-25)
₹22.350.36%1D
Returns (Since Inception)
11.08%
Rated ★4.3+ on
Fund Overview
Fund Size
₹2,625 Cr
Expense Ratio
0.79%
ISIN
INF846K01A29
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
01 Aug 2017
Risk Level
Your principal amount will be at Moderately High risk
About this fund
Axis Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 7 years, 7 months and 27 days, having been launched on 01-Aug-17.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹22.35, Assets Under Management (AUM) of 2625.19 Crores, and an expense ratio of 0.79%.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹22.35, Assets Under Management (AUM) of 2625.19 Crores, and an expense ratio of 0.79%.
- Axis Balanced Advantage Fund Direct Growth has given a CAGR return of 11.08% since inception.
- The fund's asset allocation comprises around 51.02% in equities, 27.21% in debts, and 21.77% in cash & cash equivalents.
- You can start investing in Axis Balanced Advantage Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+13.45%
+5.81% (Cat Avg.)
3 Years
+14.39%
+11.03% (Cat Avg.)
5 Years
+15.83%
+15.62% (Cat Avg.)
Since Inception
+11.08%
— (Cat Avg.)
Portfolio Summaryas of 28th February 2025
| Equity | ₹1,339.29 Cr | 51.02% |
| Debt | ₹714.42 Cr | 27.21% |
| Others | ₹571.48 Cr | 21.77% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹431.29 Cr | 16.43% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹198.33 Cr | 7.56% |
| HDFC Bank Ltd | Equity | ₹167.28 Cr | 6.37% |
| Reliance Industries Ltd | Equity | ₹147.38 Cr | 5.61% |
| ICICI Bank Ltd | Equity | ₹121.04 Cr | 4.61% |
| Infosys Ltd | Equity | ₹101.27 Cr | 3.86% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹100.37 Cr | 3.82% |
| Mahindra & Mahindra Ltd | Equity | ₹76.13 Cr | 2.90% |
| Bajaj Finance Ltd | Equity | ₹70.75 Cr | 2.70% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-69.37 Cr | 2.64% |
| Bharti Airtel Ltd | Equity | ₹64.27 Cr | 2.45% |
| State Bank of India | Equity | ₹62.67 Cr | 2.39% |
| 7.25% Govt Stock 2063 | Bond - Gov't/Treasury | ₹55.71 Cr | 2.12% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹52.05 Cr | 1.98% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹51.09 Cr | 1.95% |
| Larsen & Toubro Ltd | Equity | ₹44.3 Cr | 1.69% |
| Tata Consultancy Services Ltd | Equity | ₹41 Cr | 1.56% |
| NTPC Ltd | Equity | ₹39.6 Cr | 1.51% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹35.75 Cr | 1.36% |
| Nifty March 2025 Future | Equity Index - Future | ₹30.08 Cr | 1.15% |
| SBI Life Insurance Co Ltd | Equity | ₹28.7 Cr | 1.09% |
| Kotak Mahindra Bank Ltd | Equity | ₹28.66 Cr | 1.09% |
| Indus Infra Trust Unit | Equity | ₹28.57 Cr | 1.09% |
| Pidilite Industries Ltd | Equity | ₹28.43 Cr | 1.08% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-27.99 Cr | 1.07% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹25.37 Cr | 0.97% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹25.19 Cr | 0.96% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹25.04 Cr | 0.95% |
| 6.92% Govt Stock 2039 | Bond - Gov't/Treasury | ₹25.04 Cr | 0.95% |
| 360 One Prime Limited | Bond - Corporate Bond | ₹25.02 Cr | 0.95% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹24.97 Cr | 0.95% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.97 Cr | 0.95% |
| Shriram Finance Ltd. 8.75% | Bond - Corporate Bond | ₹24.95 Cr | 0.95% |
| Future on SBI Life Insurance Co Ltd | Equity - Future | ₹-24.66 Cr | 0.94% |
| Hdfc Bank Limited March 2025 Future | Equity - Future | ₹-23.8 Cr | 0.91% |
| Bajaj Auto Ltd | Equity | ₹22.43 Cr | 0.85% |
| ITC Ltd | Equity | ₹22.3 Cr | 0.85% |
| Cipla Ltd | Equity | ₹21.95 Cr | 0.84% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-21.89 Cr | 0.83% |
| Hindalco Industries Ltd | Equity | ₹21.22 Cr | 0.81% |
| Cholamandalam Investment And Fin. Co. Ltd | Bond - Corporate Bond | ₹20.36 Cr | 0.78% |
| 91 DTB 28032025 | Bond - Gov't/Treasury | ₹19.91 Cr | 0.76% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹19.7 Cr | 0.75% |
| 182 DTB 12062025 | Bond - Gov't/Treasury | ₹19.64 Cr | 0.75% |
| Icici Bank Limited March 2025 Future | Equity - Future | ₹-19.08 Cr | 0.73% |
| Bank Nifty Index March 2025 Future | Equity Index - Future | ₹18.97 Cr | 0.72% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-18.79 Cr | 0.72% |
| Future on Bajaj Auto Ltd | Equity - Future | ₹-18.54 Cr | 0.71% |
| HDFC Life Insurance Co Ltd | Equity | ₹18.29 Cr | 0.70% |
| Titan Co Ltd | Equity | ₹18.2 Cr | 0.69% |
| Coal India Ltd | Equity | ₹18.18 Cr | 0.69% |
| Tata Motors Ltd | Equity | ₹16.93 Cr | 0.64% |
| DOMS Industries Ltd | Equity | ₹16.13 Cr | 0.61% |
| Vijaya Diagnostic Centre Ltd | Equity | ₹15.9 Cr | 0.61% |
| Divi's Laboratories Ltd | Equity | ₹15.75 Cr | 0.60% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹15.32 Cr | 0.58% |
| Indian Bank | Equity | ₹15.11 Cr | 0.58% |
| Coforge Ltd | Equity | ₹14.93 Cr | 0.57% |
| Indian Railway Finance Corporation Ltd. | Bond - Corporate Bond | ₹14.82 Cr | 0.56% |
| Hindustan Unilever Ltd | Equity | ₹14.62 Cr | 0.56% |
| PNB Housing Finance Ltd | Equity | ₹14.47 Cr | 0.55% |
| Info Edge (India) Ltd | Equity | ₹14.24 Cr | 0.54% |
| Cummins India Ltd | Equity | ₹14.05 Cr | 0.54% |
| Trent Limited March 2025 Future | Equity - Future | ₹-14.02 Cr | 0.53% |
| Trent Ltd | Equity | ₹13.97 Cr | 0.53% |
| PI Industries Ltd | Equity | ₹13.66 Cr | 0.52% |
| Future on Coal India Ltd | Equity - Future | ₹-13.45 Cr | 0.51% |
| Oil & Natural Gas Corp Ltd | Equity | ₹13.39 Cr | 0.51% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹12.95 Cr | 0.49% |
| Grasim Industries Ltd | Equity | ₹12.82 Cr | 0.49% |
| Future on Grasim Industries Ltd | Equity - Future | ₹-12.42 Cr | 0.47% |
| Mankind Pharma Ltd | Equity | ₹12.08 Cr | 0.46% |
| United Spirits Ltd | Equity | ₹12.07 Cr | 0.46% |
| Future on State Bank of India | Equity - Future | ₹-11.95 Cr | 0.46% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹11.64 Cr | 0.44% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹11.58 Cr | 0.44% |
| Bharat Petroleum Corp Ltd | Equity | ₹11.45 Cr | 0.44% |
| TVS Motor Co Ltd | Equity | ₹10.46 Cr | 0.40% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹10.2 Cr | 0.39% |
| Tata Motors Limited March 2025 Future | Equity - Future | ₹-10.16 Cr | 0.39% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹10.06 Cr | 0.38% |
| Dlf Home Developers Limited 8.5% | Bond - Corporate Bond | ₹10.02 Cr | 0.38% |
| TVS Holdings Limited | Bond - Corporate Bond | ₹9.99 Cr | 0.38% |
| Renserv Global Pvt Ltd. 10.18% | Bond - Corporate Bond | ₹9.99 Cr | 0.38% |
| Future on NTPC Ltd | Equity - Future | ₹-9.94 Cr | 0.38% |
| 91 DTB 10042025 | Bond - Gov't/Treasury | ₹9.93 Cr | 0.38% |
| Bharat Electronics Ltd | Equity | ₹9.88 Cr | 0.38% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹9.67 Cr | 0.37% |
| TBO Tek Ltd | Equity | ₹9.62 Cr | 0.37% |
| Premier Energies Ltd | Equity | ₹9.61 Cr | 0.37% |
| Brigade Enterprises Ltd | Equity | ₹9.24 Cr | 0.35% |
| Jyoti CNC Automation Ltd | Equity | ₹9.05 Cr | 0.34% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-8.86 Cr | 0.34% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-8.53 Cr | 0.32% |
| Tech Mahindra Ltd | Equity | ₹8.48 Cr | 0.32% |
| Tata Consumer Products Ltd | Equity | ₹8.46 Cr | 0.32% |
| UltraTech Cement Ltd | Equity | ₹8.45 Cr | 0.32% |
| Kaynes Technology India Ltd | Equity | ₹8.15 Cr | 0.31% |
| Itc Limited March 2025 Future | Equity - Future | ₹-8.13 Cr | 0.31% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-7.9 Cr | 0.30% |
| Tata Power Co Ltd | Equity | ₹7.88 Cr | 0.30% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹6.86 Cr | 0.26% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-6.77 Cr | 0.26% |
| The Federal Bank Ltd | Equity | ₹6.33 Cr | 0.24% |
| Future on Coforge Ltd | Equity - Future | ₹-5.98 Cr | 0.23% |
| Titan Company Limited March 2025 Future | Equity - Future | ₹-5.42 Cr | 0.21% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-5.35 Cr | 0.20% |
| Power Grid Corp Of India Ltd | Equity | ₹5.27 Cr | 0.20% |
| Dabur India Ltd | Equity | ₹5.16 Cr | 0.20% |
| GPT Healthcare Ltd | Equity | ₹5.14 Cr | 0.20% |
| Tata Steel Limited | Bond - Corporate Bond | ₹5.05 Cr | 0.19% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-5.02 Cr | 0.19% |
| Emcure Pharmaceuticals Ltd | Equity | ₹5.02 Cr | 0.19% |
| Aadhar Housing Finance Limited | Bond - Corporate Bond | ₹5.01 Cr | 0.19% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹5 Cr | 0.19% |
| 06.39 AP Sdl 2026 | Bond - Gov't/Treasury | ₹4.98 Cr | 0.19% |
| Mphasis Ltd | Equity | ₹4.97 Cr | 0.19% |
| 06.48 RJ Sdl 2027 | Bond - Gov't/Treasury | ₹4.97 Cr | 0.19% |
| Lupin Ltd | Equity | ₹4.86 Cr | 0.19% |
| Future on Lupin Ltd | Equity - Future | ₹-4.85 Cr | 0.18% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-4.65 Cr | 0.18% |
| Shriram Finance Ltd | Equity | ₹4.63 Cr | 0.18% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-4.53 Cr | 0.17% |
| IndusInd Bank Ltd | Equity | ₹4.5 Cr | 0.17% |
| Steel Authority Of India Ltd | Equity | ₹4.41 Cr | 0.17% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-4.41 Cr | 0.17% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-4.4 Cr | 0.17% |
| Sona BLW Precision Forgings Ltd | Equity | ₹4.38 Cr | 0.17% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-4.02 Cr | 0.15% |
| Future on Mphasis Ltd | Equity - Future | ₹-3.97 Cr | 0.15% |
| Premier Energies Limited | Equity | ₹3.63 Cr | 0.14% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-3.52 Cr | 0.13% |
| VAJRA 003 TRUST | Bond - Asset Backed | ₹3.19 Cr | 0.12% |
| Future on Samvardhana Motherson International Ltd | Equity - Future | ₹-3.17 Cr | 0.12% |
| Samvardhana Motherson International Ltd | Equity | ₹3.16 Cr | 0.12% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-3.05 Cr | 0.12% |
| Future on Bharat Heavy Electricals Ltd | Equity - Future | ₹-3.03 Cr | 0.12% |
| Bharat Heavy Electricals Ltd | Equity | ₹3.01 Cr | 0.11% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-2.72 Cr | 0.10% |
| GAIL (India) Ltd | Equity | ₹2.71 Cr | 0.10% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-2.69 Cr | 0.10% |
| Eicher Motors Ltd | Equity | ₹2.67 Cr | 0.10% |
| Siemens Limited March 2025 Future | Equity - Future | ₹-2.54 Cr | 0.10% |
| Siemens Ltd | Equity | ₹2.53 Cr | 0.10% |
| UNO Minda Ltd | Equity | ₹2.41 Cr | 0.09% |
| Acc Limited March 2025 Future | Equity - Future | ₹-2.3 Cr | 0.09% |
| ACC Ltd | Equity | ₹2.29 Cr | 0.09% |
| Future on Dabur India Ltd | Equity - Future | ₹-2.23 Cr | 0.09% |
| Future on Info Edge (India) Ltd | Equity - Future | ₹-2.16 Cr | 0.08% |
| Titagarh Rail Systems Ltd | Equity | ₹2.15 Cr | 0.08% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-2.1 Cr | 0.08% |
| HCL Technologies Ltd | Equity | ₹2.09 Cr | 0.08% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹2 Cr | 0.08% |
| 06.24 MH Sdl 2026 | Bond - Gov't/Treasury | ₹1.99 Cr | 0.08% |
| Future on Hindustan Copper Ltd | Equity - Future | ₹-1.94 Cr | 0.07% |
| Hindustan Copper Ltd | Equity | ₹1.93 Cr | 0.07% |
| Future on Exide Industries Ltd | Equity - Future | ₹-1.76 Cr | 0.07% |
| Exide Industries Ltd | Equity | ₹1.75 Cr | 0.07% |
| Infosys Limited March 2025 Future | Equity - Future | ₹-1.7 Cr | 0.06% |
| Future on Indian Energy Exchange Ltd | Equity - Future | ₹-1.59 Cr | 0.06% |
| Indian Energy Exchange Ltd | Equity | ₹1.58 Cr | 0.06% |
| Tamil Nadu (Government of) 7.42% | Bond - Sub-sovereign Government Debt | ₹1.02 Cr | 0.04% |
| Future on Bank of Baroda | Equity - Future | ₹-0.93 Cr | 0.04% |
| Bank of Baroda | Equity | ₹0.92 Cr | 0.04% |
| Future on ICICI Prudential Life Insurance Co Ltd | Equity - Future | ₹-0.87 Cr | 0.03% |
| Nestle India Ltd | Equity | ₹0.86 Cr | 0.03% |
| Future on InterGlobe Aviation Ltd | Equity - Future | ₹-0.81 Cr | 0.03% |
| InterGlobe Aviation Ltd | Equity | ₹0.81 Cr | 0.03% |
| Future on Varun Beverages Ltd | Equity - Future | ₹-0.73 Cr | 0.03% |
| Varun Beverages Ltd | Equity | ₹0.72 Cr | 0.03% |
| ITC Hotels Ltd | Equity | ₹0.59 Cr | 0.02% |
| Future on Havells India Ltd | Equity - Future | ₹-0.57 Cr | 0.02% |
| Havells India Ltd | Equity | ₹0.57 Cr | 0.02% |
| Ambuja Cements Ltd | Equity | ₹0.31 Cr | 0.01% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-0.3 Cr | 0.01% |
| Future on Bajaj Finserv Ltd | Equity - Future | ₹-0.28 Cr | 0.01% |
| Bajaj Finserv Ltd | Equity | ₹0.28 Cr | 0.01% |
| Indus Towers Limited March 2025 Future | Equity - Future | ₹-0.28 Cr | 0.01% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹0.27 Cr | 0.01% |
| Future on HDFC Life Insurance Co Ltd | Equity - Future | ₹-0.27 Cr | 0.01% |
| Future on Hero MotoCorp Ltd | Equity - Future | ₹-0.22 Cr | 0.01% |
| Hero MotoCorp Ltd | Equity | ₹0.22 Cr | 0.01% |
| Hindalco Industries Limited 600 Call March 2025 Option | Equity - Option (Call) | ₹0.18 Cr | 0.01% |
| Future on United Spirits Ltd | Equity - Future | ₹-0.18 Cr | 0.01% |
| Torrent Pharmaceuticals Ltd | Equity | ₹0.15 Cr | 0.01% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-0.12 Cr | 0.00% |
| Aurobindo Pharma Ltd | Equity | ₹0.12 Cr | 0.00% |
| Future on Glenmark Pharmaceuticals Ltd | Equity - Future | ₹-0.08 Cr | 0.00% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹0.08 Cr | 0.00% |
| Future on Apollo Hospitals Enterprise Ltd | Equity - Future | ₹-0.08 Cr | 0.00% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹0.08 Cr | 0.00% |
| Future on Asian Paints Ltd | Equity - Future | ₹-0.04 Cr | 0.00% |
| Asian Paints Ltd | Equity | ₹0.04 Cr | 0.00% |
| Vedant Fashions Ltd | Equity | ₹0 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
44.43%
Mid Cap Stocks
3.49%
Small Cap Stocks
3.30%
Allocation By Credit Quality (Debt)
AAA
AA
A
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹593.59 Cr | 22.61% |
| Energy | ₹190.4 Cr | 7.25% |
| Consumer Cyclical | ₹182.92 Cr | 6.97% |
| Technology | ₹182.36 Cr | 6.95% |
| Healthcare | ₹144.81 Cr | 5.52% |
| Industrials | ₹122.2 Cr | 4.65% |
| Basic Materials | ₹93.56 Cr | 3.56% |
| Communication Services | ₹78.79 Cr | 3.00% |
| Consumer Defensive | ₹64.2 Cr | 2.45% |
| Utilities | ₹55.47 Cr | 2.11% |
| Real Estate | ₹9.24 Cr | 0.35% |
Risk & Performance Ratios
Standard Deviation
This fund
8.08%
Cat. avg.
8.43%
Lower the better
Sharpe Ratio
This fund
0.77
Cat. avg.
0.48
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.81
Higher the better
Fund Managers
Additional Scheme Detailsas of 28th February 2025
ISIN INF846K01A29 | Expense Ratio 0.79% | Exit Load 1.00% | Fund Size ₹2,625 Cr | Age 7 years 7 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark Nifty 50 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹890.56 Cr | -6.5% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹890.56 Cr | -5.3% |
| Quant Dynamic Asset Allocation Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1140.21 Cr | 3.7% |
| Quant Dynamic Asset Allocation Fund Regular Growth High Risk | 2.2% | 1.0% | ₹1140.21 Cr | 2.2% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.8% | 0.0% | ₹2141.18 Cr | 9.9% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 0.0% | ₹2141.18 Cr | 8.5% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹843.27 Cr | 5.6% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹843.27 Cr | 7.4% |
| Mirae Asset Balanced Advantage Fund Direct Growth Moderately High risk | 0.6% | 1.0% | ₹1695.72 Cr | 10.4% |
| Mirae Asset Balanced Advantage Fund Regular Growth Moderately High risk | 2.1% | 1.0% | ₹1695.72 Cr | 8.8% |
About the AMC
Axis Mutual Fund
Total AUM
₹3,16,417 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Axis Balanced Advantage Fund Direct Growth?
The NAV of Axis Balanced Advantage Fund Direct Growth, as of 27-Mar-2025, is ₹22.35.
What are the returns of Axis Balanced Advantage Fund Direct Growth?
The fund has generated 13.45% over the last 1 year and 14.39% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Axis Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 51.02% in equities, 27.21% in bonds, and 21.77% in cash and cash equivalents.
Who manages the Axis Balanced Advantage Fund Direct Growth?
The fund managers responsible for Axis Balanced Advantage Fund Direct Growth are:-
- Devang Shah
- Hardik Shah
- Jayesh Sundar
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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