Axis Balanced Advantage Fund Direct Growth

Axis Balanced Advantage Fund Direct Growth

NAV as on 28-03-2025

₹ 22.33

-0.1%

1D

Inception Returns

11.1%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
869 people have invested ₹ 61.3L in Axis Balanced Advantage Fund Direct Growth in the last three months

About Axis Balanced Advantage Fund Direct Growth

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.

Key Parameters

  1. Axis Balanced Advantage Fund Direct Growth has ₹2625 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

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.

Holdings

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.

Taxation

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 benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Axis Balanced Advantage Fund Direct Growth

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 and lockin period

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.

Axis Balanced Advantage Fund Direct Growth Overview

Expense ratio0.79%
Benchmark
null
AUM₹2625 Cr
Inception Date1 August, 2017
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
261.88%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Moderately High risk

INDmoney Rank for Axis Balanced Advantage Fund Direct Growth

Powered by IND quant engine
13
/17
23% Performance
63% Risk Management
29% Cost
13 out of 17 among dynamic asset allocation

Trailing Returns

as on (28-Mar-25)

Period
Axis Balanced Advantage Fund Direct Growth
Dynamic Asset Allocation Index
1M
4.3%
3.6%
3M
-0.7%
-3.2%
6M
-3.5%
-6.8%
1Y
12.5%
5.2%
3Y
14.4%
11%
5Y
15.8%
15.5%

Fund Distribution

as on (28-Feb-25)

  • Equity 51%

  • Debt & Cash 49%

Large cap
56.1%

Mid cap
4.7%

Small cap
3.4%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
34.6%
Energy
11.1%
Consumer Cyclical
10.7%
Tech
10.6%
Health
8.4%
Industrial
7.1%
Basic Materials
5.4%
Communication
4.6%
Consumer Defensive
3.7%
Utilities
3.2%
Real Estate
0.5%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 2.6K Cr
₹ 2.7K Cr
₹ 2.6K Cr
  • AUM of the fund stands at 2.6K Cr as of Feb'25
  • AUM decreased by 26.9 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Reliance Industries Ltd's allocation increased from 5.09% to 5.67%
Reliance Industries Ltd's allocation increased from 5.09% to 5.67%
State Bank of India's allocation increased from 2.29% to 2.75%
State Bank of India's allocation increased from 2.29% to 2.75%
Cipla Ltd's allocation increased from 0.7% to 0.91%
Cipla Ltd's allocation increased from 0.7% to 0.91%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 6.06 % to 5.9 %
HDFC Bank Ltd's allocation decreased from 6.06 % to 5.9 %
Infosys Ltd's allocation decreased from 4.12 % to 4.12 %
Infosys Ltd's allocation decreased from 4.12 % to 4.12 %
ICICI Bank Ltd's allocation decreased from 4 % to 3.89 %
ICICI Bank Ltd's allocation decreased from 4 % to 3.89 %

Top 3 Sectors in February were Government, Financial Services & Corporate

Feb'25
Government
38%
Financial Services
35%
Corporate
16%
Jan'25
Government
37%
Financial Services
33%
Corporate
17%
Fund
Feb'25
Jan'25
Dec'24
No of Holdings
191
180
173
Top 5 Company Concentration
23.4%
23.2%
22.9%
Company having highest exposure
HDFC Bank Ltd (6.4%)
Reliance Industries Ltd (5.9%)
HDFC Bank Ltd (5.9%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
110.3%
109.6%
107.2%
Sector having highest exposure
Government (37.6%)
Government (37%)
Government (35.7%)
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Hardik Shah
Hardik Shah
Fund Manager of Axis Balanced Advantage Fund Direct Growth, since 31 January 2022
Devang Shah
Devang Shah
Fund Manager of Axis Balanced Advantage Fund Direct Growth, since 5 April 2024
Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹3.22L Cr
as on 28-Feb-2025
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Website
customerservice@axismf.com

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has experienced a 4.0% growth in AUM moving from 2.52K Cr to 2.62K Cr.
Insights icon
In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 20.61% return, outperforming this fund by 6.25% per annum.
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This fund expense ratio is slightly on the lower side within the category (dynamic asset allocation). Its expense ratio is 0.79% which is lower than the category average expense ratio of 1.17%.
Insights icon
In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 27.82% return, outperforming this fund by 12.01% per annum.
Insights icon
Over the last 1 month, this fund has decreased expense ratio by 3.7% moving from 0.82 to 0.79.
Insights icon
In the last 1 year, DSP Dynamic Asset Allocation Fund Direct Growth has given 13.93% return, outperforming this fund by 1.44%.

Axis Balanced Advantage Fund Direct Growth Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 11.06% since inception which is more than its category average return of 9.72%
Fund Allocations

Fund Allocations

This fund has an allocation of 51.02% in Equity, 27.21% in Debt and 21.77% in Cash related instruments
AUM size ₹2625 Cr

AUM size ₹2625 Cr

This fund has AUM of ₹2625 Cr which is less than its category average of ₹ 9419 Cr
Expense Ratio 0.79%

Expense Ratio 0.79%

This fund has an expense ratio of 0.79% which is less than its category average expense ratio of 1.34%

More funds from Axis

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5Y CAGR

▲ 17.23

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5Y CAGR

▲ 17.27

Axis Equity Savings Fund Direct Plan Growth

Axis Equity Savings Fund Direct Plan Growth

5Y CAGR

▲ 13.59

Axis Aggresive Hybrid Fund Direct Growth

Axis Aggresive Hybrid Fund Direct Growth

5Y CAGR

▲ 17.80

Axis Multi Asset Allocation Fund Direct Plan Growth Option

Axis Multi Asset Allocation Fund Direct Plan Growth Option

5Y CAGR

▲ 17.91

Frequently Asked Questions for Axis Balanced Advantage Fund Direct Growth

The current NAV of Axis Balanced Advantage Fund Direct Growth is ₹22.33 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
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%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.79% as on March 2025
₹2625 Cr as on March 2025
7.34% Govt Stock 2064(7.56%), HDFC Bank Ltd(6.37%), Reliance Industries Ltd(5.61%), ICICI Bank Ltd(4.61%), Infosys Ltd(3.86%) as on March 2025
Cash Equivalent(22.54%), Government(18.41%), Financial Services(17.63%) as on March 2025
AAA
79.47
AA
19.16
A
1.36
Hardik Shah, Devang Shah are the fund managers of Axis Balanced Advantage Fund Direct Growth
The Exit load of Axis Balanced Advantage Fund Direct Growth is 1%