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Axis Balanced Advantage Fund
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Key Metrics
| Expense RatioExpense Ratio | No LabelNo Label | No LabelNo Label |
|---|---|---|
| 0.83 | 43.15 | 2.29 |
| No LabelNo Label | No LabelNo Label | No LabelNo Label |
|---|---|---|
| 1.31 | 41.28 | 1.58 |
Scheme Info
| PlanPlan | Lock inLock in | Exit LoadExit Load |
|---|---|---|
| Growth | 0 yrs | 1.00% |
| SIP Inv.SIP Inv. | Min. LumpsumMin. Lumpsum |
|---|---|
| Allowed | ₹ 100 |
| BenchmarkBenchmark |
|---|
| NIFTY 50 Hybrid Composite Debt 50:50 Index |
About Balanced Advantage Fund
Balanced advantage funds are equity mutual funds that have equity allocation between 30% and 80% depending on the PE ratio and market valuation
Peers & Comparison
HybridBalanced Advantage Fund
Returns
Scheme
Ratios
| Mutual Fund | 1Y Returns1Y Returns | 3Y CAGR3Y CAGR | Life CAGRLife CAGR |
|---|---|---|---|
| Axis Balanced Advantage Fund | 26.03% | 12.59% | 11.44% |
| HDFC Balanced Advantage Fund | 24.65% | 21.08% | 15.61% |
| ICICI Pru Balanced Advantage Fund | 17.59% | 12.28% | 13.30% |
| SBI Balanced Advantage Fund | 19.91% | 13.61% | 13.53% |
Price Comparison
Compare Axis Balanced Advantage Fund with any MF, ETF, stock or index
Hmm, looks like data is unavailable here. Please come back after some timeAsset Allocation
Actual
Target
Mar 2024
Jun 2024
Sep 2024
Oct 2024
ACTUAL
Mar 2024
Jun 2024
Sep 2024
Oct 2024
Sector Distribution
Mar 2024
Jun 2024
Sep 2024
Oct 2024
Sector Weightage
Current Holdings
Equity
Debt
Others
- ConstituentHolding Weight3M Change
- HDFC Bank Ltd3M change : 1.31 %
Holdings
5.33 %
1.31 % - ICICI Bank Ltd3M change : -0.11 %
Holdings
4.01 %
-0.11 % - Infosys Ltd3M change : -0.49 %
Holdings
3.88 %
-0.49 %
AMC Profile
Axis Asset Management Company Ltd. is the mutual fund investment wing of Axis Bank, the 3rd largest private bank in India. 74.99% share of the AMC is held by Axis Bank while the rest 24% is held by Schroder Singapore Holdings Private Limited.
No.of Schemes
68
Total AUM
₹ 3,17,451.79 Cr.
Fund Manager Profile
Jayesh Sundar
AUM: ₹41,313.30 Cr.
|
Exp: 20yrs
Ashish Naik
AUM: ₹58,457.10 Cr.
|
Exp: 6yrs
Devang Shah
AUM: ₹86,987.10 Cr.
|
Exp: 9yrs
Hardik Shah
AUM: ₹37,354.60 Cr.
|
Exp: —
Manager Performance (0)
Tax Implications
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Investment frequency
Monthly
One Time
Monthly Investment Amt. (₹)
Investment period (years)
You make
Opinions and Fund Reviews
Axis Balanced Advantage Fund: A Smart Hybrid Investment for Stable Growth
1 month ago•Axis Mutual Fund
Discover the Smart Investment Strategy of Axis Balanced Advantage Fund
1 year ago•Axis Mutual Fund
A dynamic approach for wealth creation.
3 years ago•Axis Mutual Fund
Know all about #AdvantageBalanceKa with Axis Balanced Advantage.
3 years ago•Axis Mutual Fund
Find the right balance when investing in mutual funds! (Gujarati)
3 years ago•Axis Mutual Fund
Find the right balance when investing in mutual funds! (Hindi)
3 years ago•Axis Mutual Fund
Navigate the complex world of investments with Axis Balanced Advantage Fund.
3 years ago•Axis Mutual Fund
Axis Balanced Advantage Fund | Ashwin Patni, Head, Products & Alternatives
3 years ago•Axis Mutual Fund
Axis Balanced Advantage Fund | Ashwin Patni, Head, Products & Alternatives
3 years ago•Axis Mutual Fund
Find the right balance when investing in mutual funds!
3 years ago•Axis Mutual Fund
Invested period < 1 year
Gains are treated as short-term capital gains and taxed at 20%
Invested period > 1 year
Gains are treated as long-term capital gains and taxed at 12.5%