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

Axis Balanced Advantage Fund Direct Growth

Hybrid
Direct
High Risk
Dynamic Asset Allocation

NAV: ₹ 15.4 as on 20-01-2022

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. This fund gives you the benefit of diversification.

Key parameters

1) Axis Balanced Advantage Fund Direct Growth has a NAV of 15.42 as on 21-Jan-2022.

2) Axis Balanced Advantage Fund Direct Growth has 1962 Cr worth of assets under management (AUM) as on 21-Jan-2022 and is less than category average.

3) The fund has an expense ratio 0.86 %.

Fund Overview

Expense ratio
Expense ratio
0.86%
Benchmark
Benchmark
IISL Nifty 50 TR INR
AUM
AUM
₹1962 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
370.25%

Fund Distribution

  • Equity 47.9%
  • Debt & Cash 52.1%
Size breakup
Large cap
58.3%
Mid cap
7%
Small cap
0.7%
Sector Allocation
Financial Services29.1%
Tech18.8%
Basic Materials12.6%
Defensive10.7%
Cyclical8%
Energy6.7%
Health4.5%
Industrial4.4%
Communication3.9%
Utilities1.3%
Real Estate0.1%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings20
Equity Holdings20
Debt Holdings20
Net Receivables / (Payables)
Net Receivables / (Payables)
19.4%
Clearing Corporation Of India Ltd
Clearing Corporation Of India Ltd
15%
ICICI Bank Ltd
ICICI Bank Ltd
5.9%
Infosys Ltd
Infosys Ltd
4.4%
Reliance Industries Ltd
Reliance Industries Ltd
4%
HDFC Bank Ltd
HDFC Bank Ltd
3.6%
Tata Consultancy Services Ltd
Tata Consultancy Services Ltd
3.5%
Avenue Supermarts Ltd
Avenue Supermarts Ltd
2.9%

Fund Highlights

About the fund

About the fund

This fund has delivered an average annual returns of 10.17% since inception which is less than its category average return of 10.31%
Fund Allocations

Fund Allocations

This fund has an allocation of 47.91757% in Equity, 10.90753% in Debt and 41.1749% in Cash related instruments
AUM size ₹1962 Cr

AUM size ₹1962 Cr

This fund has AUM of ₹1962 Cr which is less than its category average of ₹ 6911 Cr
Expense Ratio 0.86%

Expense Ratio 0.86%

This fund has an expense ratio of 0.86% which is less than its category average expense ratio of 1.44%

AMC details

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

Frequently Asked Questions

What are the average returns of Axis Balanced Advantage Fund Direct Growth Fund ?

What is the current NAV of Axis Balanced Advantage Fund Direct Growth Fund?

How do I invest in Axis Balanced Advantage Fund Direct Growth Fund?

What is the expense ratio of Axis Balanced Advantage Fund Direct Growth fund?

What is the worth of total assets under management (AUM) of Axis Balanced Advantage Fund Direct Growth fund ?

What are the top holdings of Axis Balanced Advantage Fund Direct Growth Fund?

What are the top sectors Axis Balanced Advantage Fund Direct Growth Fund has invested in?