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NAV as of ( Sep 09, 2022 )
₹ 15.54 0.0 % 1-D Change
You get upto 1.31% extra returns
ET Money Rank
Out of 16
Generated returns consistently
Increased returns for each unit of additional risk
Controlled losses during market corrections
Delivered returns without frequent ups and downs
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|ET Money Rank||4 Out of 16|
|Expense ratio||0.76% As on Jul 31, 2022|
|AUM (Fund Size)||₹ 2,440 Crs|
|Age||5 yrs 2 m Since Jul 11, 2017|
|Benchmark||Nifty 50 Hybrid Composite debt 50:50 Index|
SIP ₹ 1000 &
Lumpsum ₹ 5000
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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.
Large Cap 45.04%
Mid Cap 5.08%
Small Cap 0.85%
Other Cap 0%
Reserve Bank of India 8.3%
Rajasthan State 2.32%
Cash & Call Money 22.59%
Net Receivables 16.11%
Treasury Bills 8.3%
State Development Loan 6.54%
|Fund name||Annual Return %||Consistency||Value Research Rating|
|HDFC Balanced Advantage Fund||13.09%|
|Edelweiss Balanced Advantage Fund||12.43%|
|ICICI Prudential Balanced Advantage Fund||10.86%|
|Aditya Birla Sun Life Asset Allocator FoF||9.92%|
|Franklin India Dynamic Asset Allocation FoF||9.71%|
|IDFC Balanced Advantage Fund||9.61%|
|Axis Balanced Advantage Fund||8.74%|
Sign-up for free to compare fund with dynamic asset allocation funds
|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
Investors understand that their principal will be at Very High risk
HYBRID DYNAMIC ASSET ALLOCATION
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.
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).
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.
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.
As on Jun 30, 2022
The Axis Balanced Advantage Fund is a 5 yrs 2 m old fund and has delivered average annual returns of 8.88% since inception.
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 -
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|
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%|
The top 3 debt holdings of Axis Balanced Advantage Fund are as follows
|Holding Name||Percentage of Portfolio|
|Reserve Bank of India||8.3%|