NAV as on 28-03-2025
₹ 22.33
1D
Inception Returns
11.1%
/yr
Axis Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 1 August, 2017. The fund is managed by Hardik Shah, Devang Shah. This fund gives you the benefit of diversification.
Axis Balanced Advantage Fund Direct Growth has given a CAGR return of 11.06% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.49%, 14.36% and 15.81% respectively.
Axis Balanced Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Financial Services, Corporate, Energy, Consumer Cyclical, Tech, Health, Industrial, Basic Materials, Communication, Consumer Defensive, Utilities, Real Estate.
As it is a dynamic asset allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
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.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Balanced Advantage Fund Direct Growth has no lock in period.
Expense ratio | 0.79% |
Benchmark | null |
AUM | ₹2625 Cr |
Inception Date | 1 August, 2017 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 261.88% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Moderately High risk |
as on (28-Mar-25)
as on (28-Feb-25)
Top 3 Sectors in February were Government, Financial Services & Corporate
More funds from Axis
Axis Retirement Fund - Dynamic Plan Direct Growth
5Y CAGR
▲ 17.23
Axis Retirement Fund - Aggressive Plan Direct Growth
5Y CAGR
▲ 17.27
Axis Equity Savings Fund Direct Plan Growth
5Y CAGR
▲ 13.59
Axis Aggresive Hybrid Fund Direct Growth
5Y CAGR
▲ 17.80
Axis Multi Asset Allocation Fund Direct Plan Growth Option
5Y CAGR
▲ 17.91
Axis Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.3% | 4.3% |
6 Month Returns | -3.46% | -3.46% |
1 Year Returns | 12.49% | 12.49% |
3 Years Returns | 49.56% | 14.36% |
5 Years Returns | 108.3% | 15.81% |
AAA | 79.47 |
AA | 19.16 |
A | 1.36 |