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axis balanced advantage fund direct growth
Axis Balanced Advantage Fund Direct Growth

Axis Balanced Advantage Fund Direct Growth

  • Moderately High risk
  • Allocation
  • Dynamic Asset Allocation
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NAV as on Jul 4, 2025
i
Price per unit of the scheme.
₹ 23.52000.30%1 Day Change
1.55%
Minimum Investment₹500
Expense Ratio0.78%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
3
Scheme Rating
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
Axis Balanced Advantage Fund Direct Growth
VS
Allocation: Dynamic Asset Allocation Average NAV
    Topper in Allocation: Dynamic Asset Allocation
    WhiteOak Capital Balanced Advantage Fund Direct Growth
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    Axis Balanced Advantage Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    IISL Nifty 50 TR INR
    Expense Ratio
    0.78%
    Category Avg Expense Ratio
    0.76%
    Minimum Investment (Lumpsum/SIP)
    ₹ 500 /₹ 100
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 3,160.82 Cr(As on May, 2025)
    Inception Date
    Aug 01, 2017
    Turnover
    - %
    Exit Load
    If redeemed / switched out within 12 months from the date of allotment For 10% of investments NIL For remaining investments 1% If redeemed / switched out after 12 months from the date of allotment NIL.

    bt_logoABOUT THE FUND

    Objective: To achieve the dual objective of capital appreciation by investing in a portfolio of equity or equity linked securities and generating income through investments in debt and money market instruments. It also aims to manage risk through active asset allocation. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

    Axis Balanced Advantage Fund Direct Growth is an Allocation - Dynamic Asset Allocation fund. The fund was launched inAug 01, 2017. Its risk level is . The NAV of the fund as onJul 04, 2025 is ₹23.52. Its expense ratio is 0.78 %. The fund has an AUM of ₹3,160.82 Cr.The fund is managed byR Sivakumar,Ashish Naik,Hardik Shah,Jayesh Sundar,Devang Shah.
    The minimum initial investment is  ₹500 in Lumpsum mode.

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    bt_logoFUND MANAGER

    R Sivakumar
    R Sivakumar
    i
    Lead Fund Manager.
    Aug 1, 2017 - Present
    • Schemes managed11
    • Total AUM₹ 11,834.03 Cr
    • Highest Return In 1 Yr9.83 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Axis Retirement Savings Fund - Conservative Plan Direct Growth
    --
    ₹ 17.55
    0.60%
    -%
    High Risk
    ₹61.37Cr
    Axis Retirement Savings Fund - Aggressive Plan Direct Growth
    --
    ₹ 20.47
    1.59%
    -%
    Very High Risk
    ₹812.97Cr
    Axis Dynamic Bond Fund Direct Plan Growth Option
    ₹ 32.69
    -0.31%
    -0.72%
    Moderate Risk
    ₹1,308.92Cr
    Axis Retirement Savings Fund - Conservative Plan Direct Growth
    High Risk--
    • NAV₹ 17.55
    • Fund Size₹61.37Cr
    Fund Return0.60%
    Category Return--
    Axis Retirement Savings Fund - Aggressive Plan Direct Growth
    Very High Risk--
    • NAV₹ 20.47
    • Fund Size₹812.97Cr
    Fund Return1.59%
    Category Return--
    Axis Dynamic Bond Fund Direct Plan Growth Option
    Moderate Risk
    • NAV₹ 32.69
    • Fund Size₹1,308.92Cr
    Fund Return-0.31%
    Category Return-0.72%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Ashish Naik
    Ashish Naik
    i
    Lead Fund Manager.
    Mar 1, 2023 - Present
    • Schemes managed14
    • Total AUM₹ 90,386.32 Cr
    • Highest Return In 1 Yr8.59 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Axis Business Cycles Fund Direct Growth
    --
    ₹ 17.14
    2.39%
    -%
    Very High Risk
    ₹2,404.24Cr
    Axis Nifty 100 Index Fund Direct Growth
    --
    ₹ 23.13
    3.45%
    -%
    Very High Risk
    ₹1,882.91Cr
    Axis Arbitrage Direct Growth
    --
    ₹ 20.33
    0.65%
    0.57%
    Low Risk
    ₹6,767.43Cr
    Axis Business Cycles Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.14
    • Fund Size₹2,404.24Cr
    Fund Return2.39%
    Category Return--
    Axis Nifty 100 Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 23.13
    • Fund Size₹1,882.91Cr
    Fund Return3.45%
    Category Return--
    Axis Arbitrage Direct Growth
    Low Risk--
    • NAV₹ 20.33
    • Fund Size₹6,767.43Cr
    Fund Return0.65%
    Category Return0.57%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Hardik Shah
    Hardik Shah
    i
    Lead Fund Manager.
    Jan 31, 2022 - Present
    • Schemes managed20
    • Total AUM₹ 41,058.74 Cr
    • Highest Return In 1 Yr10.40 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option
    ₹ 132.08
    3.61%
    3.42%
    Very High Risk
    ₹128.00Cr
    Taurus Infrastructure Fund-Direct Plan-Growth Option
    ₹ 74.51
    4.36%
    3.06%
    Very High Risk
    ₹9.31Cr
    Axis Long Duration Fund Direct Growth
    --
    ₹ 1,240.46
    -1.94%
    -1.68%
    Moderate Risk
    ₹364.09Cr
    Taurus Discovery (Midcap) Fund - Direct Plan-Growth Option
    Very High Risk
    • NAV₹ 132.08
    • Fund Size₹128.00Cr
    Fund Return3.61%
    Category Return3.42%
    Taurus Infrastructure Fund-Direct Plan-Growth Option
    Very High Risk
    • NAV₹ 74.51
    • Fund Size₹9.31Cr
    Fund Return4.36%
    Category Return3.06%
    Axis Long Duration Fund Direct Growth
    Moderate Risk--
    • NAV₹ 1,240.46
    • Fund Size₹364.09Cr
    Fund Return-1.94%
    Category Return-1.68%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Jayesh Sundar
    Jayesh Sundar
    i
    Lead Fund Manager.
    Sep 28, 2023 - Present
    • Schemes managed11
    • Total AUM₹ 43,837.68 Cr
    • Highest Return In 1 Yr8.59 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Axis Balanced Advantage Fund Direct Growth
    ₹ 23.52
    1.55%
    2.04%
    Moderately High risk
    ₹3,160.82Cr
    Axis Children's Gift Direct Lock in Growth
    --
    ₹ 29.81
    1.71%
    -%
    Very High Risk
    ₹908.42Cr
    Axis Equity Hybrid Fund Direct Growth
    ₹ 22.67
    2.16%
    2.46%
    Very High Risk
    ₹1,575.64Cr
    Axis Balanced Advantage Fund Direct Growth
    Moderately High risk
    • NAV₹ 23.52
    • Fund Size₹3,160.82Cr
    Fund Return1.55%
    Category Return2.04%
    Axis Children's Gift Direct Lock in Growth
    Very High Risk--
    • NAV₹ 29.81
    • Fund Size₹908.42Cr
    Fund Return1.71%
    Category Return--
    Axis Equity Hybrid Fund Direct Growth
    Very High Risk
    • NAV₹ 22.67
    • Fund Size₹1,575.64Cr
    Fund Return2.16%
    Category Return2.46%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Devang Shah
    Devang Shah
    i
    Lead Fund Manager.
    Apr 5, 2024 - Present
    • Schemes managed23
    • Total AUM₹ 1,01,945.66 Cr
    • Highest Return In 1 Yr10.40 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Axis Long Duration Fund Direct Growth
    --
    ₹ 1,240.46
    -1.94%
    -1.68%
    Moderate Risk
    ₹364.09Cr
    Axis Regular Saver Fund Direct Plan Growth Option
    ₹ 35.25
    0.46%
    0.36%
    Moderately High risk
    ₹282.74Cr
    Axis Dynamic Bond Fund Direct Plan Growth Option
    ₹ 32.69
    -0.31%
    -0.72%
    Moderate Risk
    ₹1,308.92Cr
    Axis Long Duration Fund Direct Growth
    Moderate Risk--
    • NAV₹ 1,240.46
    • Fund Size₹364.09Cr
    Fund Return-1.94%
    Category Return-1.68%
    Axis Regular Saver Fund Direct Plan Growth Option
    Moderately High risk
    • NAV₹ 35.25
    • Fund Size₹282.74Cr
    Fund Return0.46%
    Category Return0.36%
    Axis Dynamic Bond Fund Direct Plan Growth Option
    Moderate Risk
    • NAV₹ 32.69
    • Fund Size₹1,308.92Cr
    Fund Return-0.31%
    Category Return-0.72%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on May, 2025
    EQUITY (53.52%)
    DEBT (26.87%)
    CASH (19.62%)
    Allocation by Market Cap
    Large Cap(57.15%)
    Mid Cap(5.77%)
    Small Cap(3.30%)
    Industry Holdings
    • Banks Regional23.28%
    • Oil Gas Refining Marketing10.70%
    • Information Technology Services10.16%
    • Auto Manufacturers6.14%
    • Drug Manufacturers Specialty Generic5.53%
    • Credit Services3.94%
    Stock Holdings
    • Reliance Industries Ltd6.41%
    • HDFC Bank Ltd6.05%
    • ICICI Bank Ltd4.60%
    • Infosys Ltd3.31%
    • State Bank of India2.74%
    • Mahindra & Mahindra Ltd2.66%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
      ----
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
      ----
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      --
      This Fund
      VS
      --
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      --
      This Fund
      VS
      --
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      --
      This Fund
      VS
      --
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      1.32
      This Fund
      VS
      1.02
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      2.48
      This Fund
      VS
      1.81
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      7.79
      This Fund
      VS
      8.12
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Motilal Oswal Balance Advantage Fund Direct Plan Growth OptionMotilal Oswal Balance Advantage Fund Direct Plan Growth Option
    ₹ 21.86
    4.14%
    2.04%
    Very High Risk
    ₹ 923.18 Cr
    Mahindra Manulife Balanced Advantage Fund Direct GrowthMahindra Manulife Balanced Advantage Fund Direct Growth
    --
    ₹ 15.61
    3.08%
    2.04%
    Very High Risk
    ₹ 905.31 Cr
    NJ Balanced Advantage Fund Direct GrowthNJ Balanced Advantage Fund Direct Growth
    --
    ₹ 14.41
    3.00%
    2.04%
    Low Risk
    ₹ 3,789.16 Cr
    Baroda BNP Paribas Balanced Advantage Fund Direct GrowthBaroda BNP Paribas Balanced Advantage Fund Direct Growth
    ₹ 27.08
    2.80%
    2.04%
    Very High Risk
    ₹ 4,304.22 Cr
    Invesco India Dynamic Equity Fund Direct Plan GrowthInvesco India Dynamic Equity Fund Direct Plan Growth
    ₹ 64.22
    2.78%
    2.04%
    Very High Risk
    ₹ 978.49 Cr
    PGIM India Balanced Advantage Fund Direct GrowthPGIM India Balanced Advantage Fund Direct Growth
    --
    ₹ 16.81
    2.75%
    2.04%
    Very High Risk
    ₹ 975.78 Cr
    Motilal Oswal Balance Advantage Fund Direct Plan Growth Option
    Very High Risk
    • NAV₹ 21.86
    • Fund Size₹ 923.18 Cr
    Fund Return4.14%
    Category Return2.04%
    Mahindra Manulife Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 15.61
    • Fund Size₹ 905.31 Cr
    Fund Return3.08%
    Category Return2.04%
    NJ Balanced Advantage Fund Direct Growth
    Low Risk--
    • NAV₹ 14.41
    • Fund Size₹ 3,789.16 Cr
    Fund Return3.00%
    Category Return2.04%
    Baroda BNP Paribas Balanced Advantage Fund Direct Growth
    Very High Risk
    • NAV₹ 27.08
    • Fund Size₹ 4,304.22 Cr
    Fund Return2.80%
    Category Return2.04%
    Invesco India Dynamic Equity Fund Direct Plan Growth
    Very High Risk
    • NAV₹ 64.22
    • Fund Size₹ 978.49 Cr
    Fund Return2.78%
    Category Return2.04%
    PGIM India Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.81
    • Fund Size₹ 975.78 Cr
    Fund Return2.75%
    Category Return2.04%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Axis Nifty IT Index Fund Direct GrowthAxis Nifty IT Index Fund Direct Growth
    --
    ₹ 13.49
    5.97%
    --
    Very High Risk
    ₹ 131.37 Cr
    Axis Silver Fund of Funds Direct GrowthAxis Silver Fund of Funds Direct Growth
    --
    ₹ 18.80
    5.63%
    2.13%
    Very High Risk
    ₹ 107.01 Cr
    Axis Nifty Smallcap 50 Index Fund Direct GrowthAxis Nifty Smallcap 50 Index Fund Direct Growth
    --
    ₹ 19.51
    5.13%
    --
    Very High Risk
    ₹ 487.48 Cr
    Axis Global Innovation Fund of Fund Direct GrowthAxis Global Innovation Fund of Fund Direct Growth
    --
    ₹ 14.95
    5.06%
    --
    Very High Risk
    ₹ 518.62 Cr
    Axis Global Equity Alpha Fund of Fund Direct GrowthAxis Global Equity Alpha Fund of Fund Direct Growth
    --
    ₹ 20.60
    4.78%
    --
    Very High Risk
    ₹ 897.59 Cr
    Axis Small Cap Fund Direct GrowthAxis Small Cap Fund Direct Growth
    ₹ 125.87
    4.28%
    3.87%
    Very High Risk
    ₹ 25,062.36 Cr
    Axis Nifty IT Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 13.49
    • Fund Size₹ 131.37 Cr
    1 Month Return5.97%
    Category Return--
    Axis Silver Fund of Funds Direct Growth
    Very High Risk--
    • NAV₹ 18.80
    • Fund Size₹ 107.01 Cr
    1 Month Return5.63%
    Category Return2.13%
    Axis Nifty Smallcap 50 Index Fund Direct Growth
    Very High Risk--
    • NAV₹ 19.51
    • Fund Size₹ 487.48 Cr
    1 Month Return5.13%
    Category Return--
    Axis Global Innovation Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 14.95
    • Fund Size₹ 518.62 Cr
    1 Month Return5.06%
    Category Return--
    Axis Global Equity Alpha Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 20.60
    • Fund Size₹ 897.59 Cr
    1 Month Return4.78%
    Category Return--
    Axis Small Cap Fund Direct Growth
    Very High Risk
    • NAV₹ 125.87
    • Fund Size₹ 25,062.36 Cr
    1 Month Return4.28%
    Category Return3.87%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    Axis Asset Management Company Limited
    Axis Asset Management Company Limited manages assets worth ₹ 3,36,158.60 crores. It’s current offering of mutual fund schemes includes 33 equity, 30 debt and 12 hybrid schemes.
    phone icon
    Phone
    +91 22 43255161
    mail icon
    Email
    customerservice@axismf.com
    aum
    AUM
    ₹ 3,36,158.60 Cr (
    As on May 31, 2025
    )
    location
    Address
    Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai,400 025

    bt_logoFAQ's

    What is the category of Axis Balanced Advantage Fund Direct Growth ?
    The category of Axis Balanced Advantage Fund Direct Growth is Allocation - Dynamic Asset Allocation
    What is the current NAV of Axis Balanced Advantage Fund Direct Growth ?
    The current NAV of Axis Balanced Advantage Fund Direct Growth as on Jul 04, 2025 is ₹23.52
    How safe is Axis Balanced Advantage Fund Direct Growth ?
    The risk level of Axis Balanced Advantage Fund Direct Growth is Moderately High.
    What are short term returns given by Axis Balanced Advantage Fund Direct Growth ?
    The return given by Axis Balanced Advantage Fund Direct Growth in 1 month is 1.55%, 3 months is 6.47%, 6 months is 3.84%, and 1 year is 8.59%
    What are the long term returns given by Axis Balanced Advantage Fund Direct Growth ?
    The return given by Axis Balanced Advantage Fund Direct Growth in 3 years is 17.74% and 5 years is 15.32%.
    What is the expense ratio of Axis Balanced Advantage Fund Direct Growth ?
    The expense ratio of Axis Balanced Advantage Fund Direct Growth is 0.78%
    What is the AUM of Axis Balanced Advantage Fund Direct Growth ?
    The assets under Management (AUM) of Axis Balanced Advantage Fund Direct Growth is Rs 3,160.82 crores.
    What is the minimum investment in Axis Balanced Advantage Fund Direct Growth ?
    The minimum Lumpsum investment in Axis Balanced Advantage Fund Direct Growth is ₹500.00 and the minimum SIP investment in Axis Balanced Advantage Fund Direct Growth is ₹100.00
    What is the asset allocation of Axis Balanced Advantage Fund Direct Growth?
    Axis Balanced Advantage Fund Direct Growth has an exposure of 53.52% in Equity, 26.87% in Debt and 19.62% in Cash & Money Market Securities

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