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Previously called: Axis Dynamic Equity Fund Direct-G

NAV as of ( Sep 09, 2022 )

15.54 0.0 % 1-D Change

8.88% p.a.

You get upto 1.31% extra returns

ET Money's Fund Report Card - Axis Balanced Advantage Fund

ET Money Rank


Out of 16

Performance Quality info

Good drop-arrow

Generated returns consistently


Increased returns for each unit of additional risk info


Downside Protection info

Very Good drop-arrow

Controlled losses during market corrections


Delivered returns without frequent ups and downs


Minimum SIP amount is ₹
Minimum Lumpsum amount is ₹

By continuing, I agree to the Declaration and T&Cs.

none buyable frame

Fresh Investments closed in this fund!

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Scheme Details

ET Money Rank 4 Out of 16
VRO Rating 2
Expense ratio 0.76%  As on Jul 31, 2022
Exit Load 1.0% info
AUM (Fund Size) 2,440 Crs
Lock-in No Lockin
Age 5 yrs 2 m Since Jul 11, 2017
Benchmark Nifty 50 Hybrid Composite debt 50:50 Index
Min. Investment

SIP 1000  &

Lumpsum 5000

About Axis Balanced Advantage Fund

Axis Balanced Advantage Fund Direct - Growth is a Dynamic Asset Allocation mutual fund scheme from Axis Mutual Fund . This fund has been in existence for 5 yrs 2 m, having been launched on 11/07/2017. Axis Balanced Advantage Fund Direct - Growth has ₹2,440 Crores worth of assets under management (AUM) as on 30/06/2022 and is medium-sized fund of its category. The fund has an expense ratio of 0.76%, which is higher than what most other Dynamic Asset Allocation funds charge. Currently, the fund has a 50.97% allocation to equity and 32.92% to Debt.
  • Axis Balanced Advantage Fund Direct - Growth returns of last 1-year are 2.24%. Since launch, it has delivered 9.01% average annual returns.
  • Axis Balanced Advantage Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
  • The fund's equity portion is primarily invested in Financial, Automobile, Materials, Healthcare, Services sectors. It has taken less exposure in Financial, Automobile sectors compared to other funds in the category.
  • The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
  • The fund's top 5 holdings are in Reserve Bank of India, ICICI Bank Ltd., GOI, HDFC Bank Ltd., Mahindra & Mahindra Ltd..
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Total value Profit
This fund
Category Average
Bank FD

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Latest Asset & Portfolio Allocation

as on Aug 31, 2022
Allocation by Market Cap

Large Cap 45.04%

Mid Cap 5.08%

Small Cap 0.85%

Other Cap 0%

Allocation by Sector

Financial 24.63%

Automobile 6.08%

Materials 5.81%

Healthcare 5.29%

Top Debt Holdings

Reserve Bank of India 8.3%

Others 6.48%

GOI 6%

Rajasthan State 2.32%

Allocation by Credit Quality

Cash & Call Money 22.59%

SOV 20.84%

AAA 3.94%

AA+ 0.61%

Allocation by Instruments

Net Receivables 16.11%

Treasury Bills 8.3%

State Development Loan 6.54%

CBLO 6.48%

Other Holdings

Others 16.11%

Comparison with dynamic asset allocation Funds

as on Sep 12, 2022
0.84 % p.a
This fund


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Trailing Returns and Ranks

as on Sep 12, 2022
Period Trailing returns Category average Rank within category
1 month 0.84% 1.62% 18 / 20
3 months 8.67% 9.58% 13 / 19
6 months 4.65% 6.26% 16 / 19
1 year 2.1% 5.68% 18 / 19
3 years 11.17% 13.78% 14 / 17
5 years 8.74% 9.5% 9 / 14


Level of Risk in the Scheme

Very High

Investors understand that their principal will be at Very High risk

Axis Balanced Advantage Fund


The scheme seeks 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.

  • Std. Dev : 9.54
  • Alpha : 0.8
  • Beta : 0.49
  • Sharpe : 0.78
  • Sortino : 0.97
  • Profile

    Anupam Tiwari

    Mr. Tiwari is a Chartered Accountant.

    Prior to joining Axis Mutual Fund he was associated with Principal Mutual Fund (July 25, 2011-Sep 21, 2016), Reliance Life Insurance Ltd. (Sep 22, 2010-Jul 15, 2011) and Reliance MF (Mar 21, 2005-Sep 21, 2010).

  • Profile

    R Sivakumar

    Mr. Sivakumar is a B.Tech from IIT Madras and MBA from IIM Ahmedabad.

    Prior to joining Axis AMC he has worked with BNP Paribas Mutual Fund, Sundaram Mutual Fund (2001-2004), HDFC Mutual Fund and ITC Threadneedle.

  • Profile

    Hardik Shah

    Mr. Shah has done B.E. Information Technology and MBA Finance.

    Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.

Axis Mutual Fund

Axis Mutual Fund



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₹2,46,127 Crs

As on Jun 30, 2022

  • Phone: 022-24255161
  • Address: "Axis House" - 1st Floor,
    C-2 - Wadia International Centre,
    Pandurang Budhkar Marg , Worli,
    Mumbai, 400025

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Frequently asked questions

How are the returns of Axis Balanced Advantage Fund ?

The Axis Balanced Advantage Fund is a 5 yrs 2 m old fund and has delivered average annual returns of 8.88% since inception.

Axis Balanced Advantage Fund Returns

1-Year 3-Year 5-Year Since Inception
2.1% 11.17% 8.74% 8.88%

NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.

The NAV of Axis Balanced Advantage Fund for Sep 09, 2022 is 15.54 .

Axis Balanced Advantage Fund has an ET Money Rank of # 4 of 16 and a consistency rating of 2 .

This indicates the fund has delivered above-average returns, however, the consistency at which it generates returns is not so great. If you are ok with sharp swings in your returns, you can go for this fund

On ET Money, Investing in Axis Balanced Advantage Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -

  1. Click on the Invest Now Button present on the top right-hand side.
  2. Enter your email id, select whether you want to do a one-time investment or start a SIP and add the amount
  3. Provide few more details needed including the bank account from which you will be making the payment and confirm.
  4. That's it. Your SIP or one-time investment in Axis Balanced Advantage Fund is done.

The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.

The Expense Ratio of the direct plan of Axis Balanced Advantage Fund is 0.76%.  .

Redeeming your investments in Axis Balanced Advantage Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Axis Balanced Advantage Fund from anywhere else, you can go to the fund house website and put a request through it.

AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.

The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.

The AUM of Axis Balanced Advantage Fund is ₹2,440 Crs.

The Axis Balanced Advantage Fund's equity portion has been invested in the stocks of the following companies

Company Percentage of Portfolio
ICICI Bank Ltd. 6.88%
HDFC Bank Ltd. 5.15%
Mahindra & Mahindra Ltd. 3.92%
Reliance Industries Ltd. 3.92%
Kotak Mahindra Bank Ltd. 3.56%
Bajaj Finance Ltd. 3.2%
Ambuja Cements Ltd. 2.81%
Hindustan Unilever Ltd. 2.73%
Housing Development Finance Corpn. Ltd. 2.21%
Avenue Supermarts Ltd. 2.1%

The Axis Balanced Advantage Fund's equity portion is primarily invested in the following sectors -

Sector Percentage of Portfolio
Financial 24.63%
Automobile 6.08%
Materials 5.81%
Healthcare 5.29%
Services 5.18%
Technology 4.7%
Consumer Staples 4.62%
Energy 3.97%
Capital Goods 2.14%
Insurance 1.7%

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Axis Balanced Advantage Fund's debt portion's allocation by credit quality is given below
Credit Quality Percentage of Portfolio
Cash & Call Money 22.59%
SOV 20.84%
AAA 3.94%

The top 3 debt holdings of Axis Balanced Advantage Fund are as follows

Holding Name Percentage of Portfolio
Reserve Bank of India 8.3%
Others 6.48%
GOI 6%
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