AXIS Balanced Advantage Fund – Direct Growth
₹ 1,000
Min SIP
₹ 100
Min Lumpsum
0.78 %
Expense Ratio
Rating
2,011
Fund Size (in Cr)
7 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
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Invested Amount--
-
Wealth Gained--
-
Expected Amount--
Scheme Performance
| 1Y | 1Y | 3Y | 3Y | 5Y | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | 7.8% | 12.4% | 8.3% | 8.9% | ||||
| Category Average | 9.1% | 20.5% | 12.5% | - |
Scheme Allocation
By Holding
By Sector
By Asset
Advance Ratio
0.27
Alpha
2.21
SD
0.48
Beta
0.48
Sharpe
Exit Load
| Exit Load | If redeemed/swich out within 12 months from the date of allotment, - For 10% of investments : Nil - For remaining investments : 1% NIL - If redeemed/switch out after 12 months from the date of allotment. |
|---|
Fund Objective
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. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Fund Managers
Shreyash Devalkar - Funds and Content Listing - Senior Fund Manager
With 18 years of work experience, Mr Shreyas Devalkar handles Funds and Content Listing at Axis Mutual Fund. His current designation is Senior Fund Manager of Equity, Axis Asset Management Ltd. He joined Axis AMC in November 2016. Before joining Axis AMC, he worked with BNP Paribas Asset Management (India) Pvt. Ltd. as Fund Manager – Equity, IDFC AMC as VP Research – Equity Analyst, IDFC Securities as VP Research – Equity Analyst, and JP Morgan as Credit Analyst.
Mr Shreyas Devalkar’s educational qualifications include MBA (Management) from Jamnalal Bajaj Institute of Management Studies, Bachelor in Chemical Engineering from University Department of Chemical Technology, Mumbai, and HSC from D G Ruparel College. His areas of interest include equity research, financial modelling, portfolio management, etc.
Mr Shreyas Devalkar manages four (4) schemes at Axis Mutual Fund, including Axis Bluechip Fund and Axis Flexi Cap Fund.
Risk-O-Meter
Peer Comparison
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- 1,414
-
10.6%Fund Size - 1,414
-
9.8%Fund Size - 1,414
-
8.9%Fund Size - 1,414
-
- 60,640
-
19.9%Fund Size - 60,640
-
26.6%Fund Size - 60,640
-
14.8%Fund Size - 60,640
-
- 9,458
-
9.6%Fund Size - 9,458
-
15.9%Fund Size - 9,458
-
12.2%Fund Size - 9,458
-
- 6,817
-
10.8%Fund Size - 6,817
-
14.8%Fund Size - 6,817
-
11%Fund Size - 6,817
-
- 48,720
-
10.1%Fund Size - 48,720
-
14.7%Fund Size - 48,720
-
11.3%Fund Size - 48,720
AMC Contact Details
Axis Mutual Fund
AUM:
2,48,980 Cr
Address:
Axis House, 1st Floor,C-2, Wadia
international centre,Pandurang
Budhkar Marg, Worli, Mumbai - 400025
Contact:
022-43255161
Email ID:
customerserivce@axismf.com
More Funds from Axis Mutual Fund
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Equity .
- Mid Cap .
-
- 22,177
-
10.4%Fund Size - 22,177
-
24.2%Fund Size - 22,177
-
16.8%Fund Size - 22,177
-
- Equity .
- Large & Mid Cap .
-
- 9,520
-
7.4%Fund Size - 9,520
-
24.4%Fund Size - 9,520
-
-Fund Size - 9,520
-
- Equity .
- Small Cap .
-
- 15,025
-
20.1%Fund Size - 15,025
-
35.2%Fund Size - 15,025
-
23.6%Fund Size - 15,025
-
- Debt .
- Fixed Maturity Plans .
-
- 110
-
11.2%Fund Size - 110
-
14.5%Fund Size - 110
-
14%Fund Size - 110
-
- Debt .
- Fixed Maturity Plans .
-
- 565
-
11.2%Fund Size - 565
-
14.5%Fund Size - 565
-
14%Fund Size - 565
Mutual Funds By Category
Equity
Debt
Hybrid
equity
Large Cap
Fund Name
Mid Cap
Fund Name
Small Cap
Fund Name
Multi Cap
Fund Name
ELSS
Fund Name
Dividend Yield
Fund Name
Sectoral / Thematic
Fund Name
Focused
Fund Name
debt
Ultra Short Duration
Fund Name
Liquid
Fund Name
Gilt
Fund Name
Long Duration
Fund Name
Overnight
Fund Name
Floater
Fund Name
hybrid
Arbitrage
Fund Name
Equity Savings
Fund Name
Aggressive Hybrid
Fund Name
- Fund Name
- Fund Size(Cr.)
- 1Y
- 3Y
- 5Y
-
- Equity .
- Large Cap .
-
- 654
-
18.9%Fund Size - 654
-
23.4%Fund Size - 654
-
14.9%Fund Size - 654
-
- Equity .
- Large Cap .
-
- 10,202
-
10%Fund Size - 10,202
-
19.8%Fund Size - 10,202
-
14.4%Fund Size - 10,202
-
- Equity .
- Large Cap .
-
- 15,583
-
18.8%Fund Size - 15,583
-
28.1%Fund Size - 15,583
-
14.4%Fund Size - 15,583
-
- Equity .
- Large Cap .
-
- 1,517
-
11.1%Fund Size - 1,517
-
20.1%Fund Size - 1,517
-
13.9%Fund Size - 1,517
-
- Equity .
- Large Cap .
-
- 757
-
19.7%Fund Size - 757
-
23%Fund Size - 757
-
13.7%Fund Size - 757
Frequently Asked Questions
How to invest in AXIS Balanced Advantage Fund – Direct Growth ?
You can invest in AXIS Balanced Advantage Fund – Direct Growth in a quick and simple process. Follow the below steps;
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for AXIS Balanced Advantage Fund – Direct Growth in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
What is the NAV of AXIS Balanced Advantage Fund – Direct Growth ?
The NAV of AXIS Balanced Advantage Fund – Direct Growth is ₹16.7 as of 18 August 2023.
How to redeem AXIS Balanced Advantage Fund – Direct Growth holding ?
You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.
What is the minimum sip amount of AXIS Balanced Advantage Fund – Direct Growth?
The minimum SIP amount of AXIS Balanced Advantage Fund – Direct Growth is ₹1000
What are the top sectors AXIS Balanced Advantage Fund – Direct Growth has invested in?
The top sectors AXIS Balanced Advantage Fund – Direct Growth has invested in are
- Debt - 23.81%
- Banks - 19.54%
- IT-Software - 9%
- Cash & Others - 8.66%
- Cement & Cement Products - 7.16%
Can I make investments in both the SIP and Lump Sum schemes of AXIS Balanced Advantage Fund – Direct Growth?
Yes, You can select both SIP or Lumpsum investment of AXIS Balanced Advantage Fund – Direct Growth based on your investment objective and risk tolerance.
How much returns have AXIS Balanced Advantage Fund – Direct Growth generated ?
The AXIS Balanced Advantage Fund – Direct Growth has delivered 8.9% since inception
What is the expense ratio of AXIS Balanced Advantage Fund – Direct Growth ?
The expense ratio of AXIS Balanced Advantage Fund – Direct Growth is 0.78 % as of 18 August 2023.
What is the AUM of AXIS Balanced Advantage Fund – Direct Growth?
The AUM of AXIS Balanced Advantage Fund – Direct Growth is ₹2,48,980 Cr as of 18 August 2023
What are the top stock holdings of AXIS Balanced Advantage Fund – Direct Growth?
The top stock holdings of AXIS Balanced Advantage Fund – Direct Growth are
- HDFC Bank - 7.14%
- ICICI Bank - 6.96%
- Infosys - 4.64%
- Bajaj Finance - 4.29%
- Kotak Mah. Bank - 4.18%
How can I redeem my investments in AXIS Balanced Advantage Fund – Direct Growth?
Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select AXIS Balanced Advantage Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select AXIS Balanced Advantage Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.