Axis Balanced Advantage Fund Direct Growth

Axis Balanced Advantage Fund Direct Growth

Axis Balanced Advantage Fund Direct Growth
Axis Balanced Advantage Fund Direct Growth

Axis Balanced Advantage Fund Direct Growth

Hybrid
Direct
Dynamic Asset Allocation

NAV: ₹ 15.3 as on 23-09-2022

Fund Performance

INDmoney Rank

Powered by IND quant engine
3
/14
22% Performance
69% Risk Management
43% Cost
3 out of 14 among dynamic asset allocation
About the Fund

Axis Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on  1 August, 2017. The fund is managed by R Sivakumar, Anupam Tiwari, Hardik Shah. This fund gives you the benefit of diversification.

Key parameters

1) Axis Balanced Advantage Fund Direct Growth has a NAV of 15.3 as on 23-09-2022.

2) Axis Balanced Advantage Fund Direct Growth has 2440 Cr worth of assets under management (AUM) as on 31-07-2022 and is less than category average.

3) The fund has an expense ratio 0.74 %.

Fund Overview

Expense ratio
Expense ratio
0.74%
Benchmark
Benchmark
AUM
AUM
₹2440 Cr
Inception Date
Inception Date
1 August, 2017
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
313.13%

Fund Distribution

  • Equity 51%
  • Debt & Cash 49%
Size breakup
Large cap
59.6%
Mid cap
6.7%
Small cap
1.1%

Sector Allocation

Aug'22

Jul'22

Jun'22

Financial Services

39.3%

Basic Materials

12.1%

Consumer Defensive

10%

Consumer Cyclical

9.4%

Health

7.8%

Tech

7%

Energy

6.7%

Industrial

3.2%

Utilities

2.5%

Communication

2.1%

Real Estate

0%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings123
Equity Holdings97
Debt Holdings26
Holdings
Weight%
Holdings Trend
1M Change
icon
Net Receivables / (Payables)
16.08%
0%
icon
ICICI Bank Ltd
6.88%
0%
icon
Clearing Corporation Of India Ltd
6.48%
0%
icon
HDFC Bank Ltd
5.15%
-2.4%
icon
Mahindra & Mahindra Ltd
3.92%
27.4%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 72.5 Cr in last 1M
Aug'22 return outperformed benchmark

Change in AUM

Aug'22
₹ 2.4K Cr
Jul'22
₹ 2.4K Cr
Jun'22
₹ 2.2K Cr

Fund Returns vs Benchmark

Aug'22
5.29%
5.19%
Jul'22
5.29%
5.19%
Jun'22
-2.05%
-2.34%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
123
156
171
Top 5 Company Concentration
23.4%
22.6%
22.3%
Company having highest exposure
ICICI Bank Ltd (6.9%)
ICICI Bank Ltd (6.5%)
ICICI Bank Ltd (6.1%)
No of Sectors
14
14
14
Top 5 Sectors Concentration
76.5%
75.1%
76.7%
Sector having highest exposure
Cash Equivalent (26.7%)
Cash Equivalent (30.2%)
Cash Equivalent (37.3%)

Fund Manager

R Sivakumar

R Sivakumar

Managing this fund since 1 August 2017

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Axis Equity Hybrid Fund Direct Growth
13.12%
14.31%
Axis Triple Advantage Fund Direct Plan Growth Option
13.71%
--
Axis Balanced Advantage Fund Direct Growth
9.76%
11.02%
Anupam Tiwari

Anupam Tiwari

Managing this fund since 1 August 2017

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Axis Small Cap Fund Direct Growth
29.78%
30.49%
Axis Balanced Advantage Fund Direct Growth
9.76%
11.02%
Axis Equity Saver Fund Direct Plan Growth
9.59%
8.63%
Hardik Shah

Hardik Shah

Managing this fund since 31 January 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Axis Balanced Advantage Fund Direct Growth
9.76%
11.02%
Axis Corporate Debt Fund Direct Growth
7.25%
5.55%
Axis Triple Advantage Fund Direct Plan Growth Option
13.71%
--

AMC details

Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Fund House
Axis Asset Management Company Limited

Fund Highlights

About the fund

About the fund

This fund has delivered an average annual returns of 8.62% since inception which is less than its category average return of 8.82%
Fund Allocations

Fund Allocations

This fund has an allocation of 50.98% in Equity, 22.37% in Debt and 26.65% in Cash related instruments
AUM size ₹2440 Cr

AUM size ₹2440 Cr

This fund has AUM of ₹2440 Cr which is less than its category average of ₹ 7539 Cr
Expense Ratio 0.74%

Expense Ratio 0.74%

This fund has an expense ratio of 0.74% which is less than its category average expense ratio of 1.4%
meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk

Frequently Asked Questions

The current NAV of Axis Balanced Advantage Fund Direct Growth is 15.3.
Existing (Absolute + CAGR)
Axis Balanced Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.33%
-0.33%
6 Month Returns
2.14%
2.14%
1 Year Returns
-0.52%
-0.52%
3 Years Returns
32.24%
9.76%
5 Years Returns
51.49%
8.66%
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0.74 as on August 2022
2440 Cr as on August 2022
ICICI Bank Ltd(6.88%),HDFC Bank Ltd(5.15%),Reliance Industries Ltd(3.92%),Mahindra & Mahindra Ltd(3.92%),Kotak Mahindra Bank Ltd(3.56%) as on August 2022
Cash Equivalent(26.65%),Financial Services(20.04%),Government(18.6%) as on August 2022
AAA
93.69
AA
4.76
A
1.55
Anupam Tiwari,R Sivakumar,Hardik Shah are the fund managers of Axis Balanced Advantage Fund Direct Growth
The Exit load of Axis Balanced Advantage Fund Direct Growth is 1%