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

Axis Balanced Advantage Fund Direct Growth

Hybrid
Direct
Moderately High risk
Dynamic Asset Allocation

NAV: ₹ 14.4 as on 30-06-2022

INDmoney RANK
5
/16
among Dynamic Asset Allocation Category
INDmoney Analysis
Performance
Funds scoring high on Performance parameter are consistent in generating returns, deliver high performance during bull run & have the ability to generate excess returns over benchmark.
25%
Risk Management
Funds scoring high on Risk Management parameter are less volatile, generate higher returns per unit of downside risk taken & generate returns without moving up and down frequently.
73%
Cost
Funds scoring high on Cost parameter have relatively lower expense ratio.
32%
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 14.36 as on 30-06-2022.

2) Axis Balanced Advantage Fund Direct Growth has 2158 Cr worth of assets under management (AUM) as on 31-05-2022 and is less than category average.

3) The fund has an expense ratio 0.77 %.

Fund Overview

Expense ratio
Expense ratio
0.77%
Benchmark
Benchmark
AUM
AUM
₹2158 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 43.1%
  • Debt & Cash 56.9%
Size breakup
Large cap
58.3%
Mid cap
7%
Small cap
0.7%
Sector Allocation
Financial Services32.1%
Tech13.9%
Basic Materials10.9%
Consumer Defensive10.1%
Consumer Cyclical8.4%
Energy8.2%
Health6.2%
Industrial4.4%
Communication4.2%
Utilities1.5%
Real Estate0%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings40
Equity Holdings20
Debt Holdings20
Net Receivables / (Payables)
Net Receivables / (Payables)
24.2%
ICICI Bank Ltd
ICICI Bank Ltd
6.6%
Reliance Industries Ltd
Reliance Industries Ltd
4.7%
Clearing Corporation Of India Ltd
Clearing Corporation Of India Ltd
4.3%
HDFC Bank Ltd
HDFC Bank Ltd
4%
07.59 KA Sdl 2027
07.59 KA Sdl 2027
3.9%
Infosys Ltd
Infosys Ltd
3.2%
Bajaj Finance Ltd
Bajaj Finance Ltd
3%

Fund Highlights

About the fund

About the fund

This fund has delivered an average annual returns of 7.65% since inception which is less than its category average return of 7.98%
Fund Allocations

Fund Allocations

This fund has an allocation of 43.07% in Equity, 21.19% in Debt and 35.73% in Cash related instruments
AUM size ₹2158 Cr

AUM size ₹2158 Cr

This fund has AUM of ₹2158 Cr which is less than its category average of ₹ 7366 Cr
Expense Ratio 0.77%

Expense Ratio 0.77%

This fund has an expense ratio of 0.77% which is less than its category average expense ratio of 1.41%

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?