Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl

Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl is a hybrid fund. This fund was started on 1 August, 2017. The fund is managed by Devang Shah, Hardik Shah. This fund gives you the benefit of diversification.

1. Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl has ₹3161 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.8.
   

Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl has given a CAGR return of 13.29% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.55%, 20.10% and 18.59% respectively.

Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Corporate, Financial Services, Government, Energy, Tech, Consumer Cyclical, Industrial, Health, Basic Materials, Consumer Defensive, Communication, 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 benefit
Long 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 Reinvst of Inc Dis cum Cap Wdrl has no lock in period.