Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 13.43 as on 24-04-2024
Fund Performance
2 people have invested ₹ 11K in Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl in the last three months
About the 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 R Sivakumar, Ashish Naik, Hardik Shah. This fund gives you the benefit of diversification.
Key Parameters
- Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl has ₹2103 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.
Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl Overview
 | 0.95% |
 Benchmark | null |
 | ₹2103 Cr |
 | 1 August, 2017 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 399.65% |
Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
51.1%
Mid cap
9.4%
Small cap
4.3%
Sector Allocation
Financial Services
33%
Tech
11%
Industrial
10.5%
Energy
10.4%
Consumer Cyclical
9.7%
Health
9.1%
Basic Materials
5.7%
Consumer Defensive
4.5%
Utilities
3.1%
Communication
2.4%
Real Estate
0.6%
Top Holdings of Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl as on (31-Mar-24)
Equity Holdings59
Debt Holdings30
Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 2.1K Cr as of Mar'24
- AUM increased by 44.9 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl Fund Manager
R Sivakumar
Fund Manager of Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl, since 1 August 2017
Top funds managed
Ashish Naik
Fund Manager of Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl, since 1 March 2023
Top funds managed
Hardik Shah
Fund Manager of Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl, since 31 January 2022
Top funds managed
Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl Highlights
Moderately High risk
Investors understand that their principal will be at Moderately High risk
About the fund
This fund has delivered an average annual returns of 10.56% since inception which is less than its category average return of 11.62%
Fund Allocations
This fund has an allocation of 68.62% in Equity, 27.76% in Debt and 3.62% in Cash related instruments
AUM size ₹2103 Cr
This fund has AUM of ₹2103 Cr which is less than its category average of ₹ 8144 Cr
Expense Ratio 0.95%
This fund has an expense ratio of 0.95% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl is ₹13.43 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 1.28% | 1.28% |
6 Month Returns | 6.43% | 6.43% |
1 Year Returns | 18.25% | 18.25% |
3 Years Returns | 49.31% | 14.3% |
5 Years Returns | 74.65% | 11.8% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.95% as on March 2024
₹2103 Cr as on March 2024
7.25% Govt Stock 2063(9.41%), ICICI Bank Ltd(5.98%), Reliance Industries Ltd(5.24%), HDFC Bank Ltd(3.85%), 7.3% Govt Stock 2053(3.4%) as on March 2024
Financial Services(22.63%), Government(16.74%), Corporate(9.57%) as on March 2024
AAA | 78.38 |
AA | 21.22 |
A | 0.4 |
R Sivakumar, Ashish Naik, Hardik Shah are the fund managers of Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl
The Exit load of Axis Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl is 1%