Axis Balanced Advantage Fund - Growth - Direct Plan

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Fund Overview Growth | Direct Plan

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Fund Objective

To generate capital appreciation by investing in a portfolio of equity or equity linked securities while the secondary objective is to generate 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.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
Axis Balanced Advantage Fund - Direct Plan - Growth 2.85 3.95 26.90 14.44 12.43 10.93
NIFTY 50 - TRI N/A N/A N/A N/A N/A N/A
NIFTY 50 Hybrid Composite Debt 50:50 Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Axis Balanced Advantage Fund - Direct Plan - Growth Aug 01, 2017 Unrated 26.90 14.44 12.43 0.90 2,123.94
HDFC Balanced Advantage Fund - Growth Plan - Direct Plan Dec 31, 2012 40.92 25.11 20.29 0.73 83,548.61
ICICI Prudential Balanced Advantage Fund - Direct Plan - Growth Jan 01, 2013 21.73 13.88 13.82 0.86 56,709.02
Kotak Balanced Advantage Fund - Direct Plan -Growth Option Aug 03, 2018 Unrated 20.04 12.78 13.46 0.52 15,844.02
Tata Balanced Advantage Fund-Direct Plan-Growth Jan 28, 2019 23.09 14.65 15.07 0.36 9,107.02
Nippon India Balanced Advantage Fund - Direct Plan Growth Plan - Growth Option Jan 01, 2013 25.23 14.39 13.60 0.55 7,928.38

Fund Holdings as on 30-April-2024

  • 7.25% Government of India (12/06/2063)

  • ICICI Bank Limited

  • Reliance Industries Limited

  • Clearing Corporation of India Ltd

  • HDFC Bank Limited

  • 7.3% Government of India (19/06/2053)

  • Infosys Limited

  • Bajaj Finance Limited

  • Larsen & Toubro Limited

  • Net Receivables / (Payables)

  • Sun Pharmaceutical Industries Limited

  • Mahindra & Mahindra Limited

  • Bharti Airtel Limited

  • NTPC Limited

  • State Bank of India

  • Pidilite Industries Limited

  • 7.80% Mahanagar Telephone Nigam Limited (07/11/2033) **

  • SBI Life Insurance Company Limited

  • Bharat Highways Invit

  • Bajaj Auto Limited

  • Indian Bank

  • 7.86% HDFC Bank Limited (02/12/2032)

  • 9.2% 360 One Prime Limited (05/09/2025) **

  • 8.75% Shriram Finance Limited (05/10/2026) **

  • Kotak Mahindra Bank Limited

  • Dabur India Limited

  • Vijaya Diagnostic Centre Limited

  • ICICI Prudential Life Insurance Company Limited

  • Tata Consultancy Services Limited

  • Mankind Pharma Limited

  • UNO Minda Limited

  • Kaynes Technology India Limited

  • Cholamandalam Investment and Finance Company Ltd (CCD)

  • Coal India Limited

  • Bharat Dynamics Limited

  • Tata Consumer Products Limited

  • Cummins India Limited

  • PI Industries Limited

  • Cholamandalam Investment and Finance Company Ltd

  • Oil & Natural Gas Corporation Limited

  • The Federal Bank Limited

  • Jio Financial Services Limited

  • 7.6% Poonawalla Fincorp Limited (19/07/2024) **

  • 7.75% HDFC Bank Limited (13/06/2033) **

  • 91 Days Tbill (MD 19/07/2024)

  • Sona BLW Precision Forgings Limited

  • IndoStar Capital Finance Limited (26/07/2024) **

  • Bharat Electronics Limited

  • KFin Technologies Limited

  • Coforge Limited

  • Dixon Technologies (India) Limited

  • Jyoti CNC Automation Ltd

  • TVS Motor Company Limited

  • United Spirits Limited

  • Brigade Enterprises Limited

  • Steel Authority of India Limited

  • MphasiS Limited

  • Max Healthcare Institute Limited

  • 7.57% Indian Railway Finance Corporation Limited (18/04/2029) **

  • 7.15% Tata Motors Finance Limited (25/06/2024) **

  • 8.5% DLF Home Developers Limited (30/04/2027) **

  • 7.18% Government of India (24/07/2037)

  • 8.50% Muthoot Finance Limited (29/01/2026) **

  • 9.95% IndoStar Capital Finance Limited (07/08/2025) **

  • Doms Industries Limited

  • 6.83% HDFC Bank Limited (08/01/2031) **

  • Cipla Limited

  • UltraTech Cement Limited

  • 9% Bharti Telecom Limited (04/12/2028) **

  • Vajra Trust (20/04/2029) **

  • SRF Limited

  • Hindustan Aeronautics Limited

  • Titagarh Rail Systems Limited

  • GPT Healthcare Limited

  • Vedant Fashions Limited

  • RBL Bank Limited

  • Persistent Systems Limited

  • 8.03% Tata Steel Limited (25/02/2028) **

  • 7.26% Government of India (06/02/2033)

  • 182 Days Tbill (MD 09/05/2024)

  • 8.50% Aadhar Housing Finance Limited (26/05/2026) **

  • Bharat Heavy Electricals Limited

  • GAIL (India) Limited

  • Jubilant Foodworks Limited

  • ACC Limited

  • Honasa Consumer Limited

  • 9.15% SK Finance Limited (02/02/2025) **

  • Tata Technologies Ltd

  • 7.4% Power Finance Corporation Limited (08/05/2030) **

  • 6.24% Maharashtra State Development Loans (11/08/2026)

  • The India Cements Limited

  • 8.51% Maharashtra State Development Loans (09/03/2026)

  • Canara Bank

  • 7.42% Tamilnadu State Development Loans (03/04/2034)

  • Nestle India Limited

  • Bank of Baroda

  • Ambuja Cements Limited

  • IDFC Limited

  • BSE Limited

  • Bajaj Finserv Limited

  • Chambal Fertilizers & Chemicals Limited

  • City Union Bank Limited

  • Torrent Pharmaceuticals Limited

  • Info Edge (India) Limited

  • Glenmark Pharmaceuticals Limited

  • Apollo Hospitals Enterprise Limited

  • Balkrishna Industries Limited

  • Balkrishna Industries Limited May 2024 Future

  • Apollo Hospitals Enterprise Limited May 2024 Future

  • Glenmark Pharmaceuticals Limited May 2024 Future

  • Info Edge (India) Limited May 2024 Future

  • City Union Bank Limited May 2024 Future

  • Chambal Fertilizers & Chemicals Limited May 2024 Future

  • United Spirits Limited May 2024 Future

  • Bajaj Finserv Limited May 2024 Future

  • IDFC Limited May 2024 Future

  • TVS Motor Company Limited May 2024 Future

  • UltraTech Cement Limited May 2024 Future

  • Bank of Baroda May 2024 Future

  • Canara Bank May 2024 Future

  • The India Cements Limited May 2024 Future

  • Bajaj Finance Limited May 2024 Future

  • ACC Limited May 2024 Future

  • GAIL (India) Limited May 2024 Future

  • Bharat Heavy Electricals Limited May 2024 Future

  • RBL Bank Limited May 2024 Future

  • Hindustan Aeronautics Limited May 2024 Future

  • Steel Authority of India Limited May 2024 Future

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  • Miscellaneous

  • Bank - Private

  • IT - Software

  • Refineries

  • Finance - NBFC

  • Pharmaceuticals & Drugs

  • Bank - Public

  • Engineering - Construction

  • Insurance

  • Automobiles - Passenger Cars

  • Telecommunication - Service Provider

  • Chemicals

  • Power Generation/Distribution

  • Hospital & Healthcare Services

  • Automobile Two & Three Wheelers

  • Auto Ancillary

  • Engineering - Industrial Equipments

  • Defence

  • Household & Personal Products

  • Electronics - Components

  • Mining & Minerals

  • Unspecified

  • Tea/Coffee

  • Diesel Engines

  • Pesticides & Agrochemicals

  • Oil Exploration

  • Depository Services

  • Cement & Construction Materials

  • Consumer Durables - Electronics

  • Breweries & Distilleries

  • Construction - Real Estate

  • Steel & Iron Products

  • Printing & Stationery

  • Railways Wagons

  • Textile

  • Industrial Gases & Fuels

  • Consumer Food

  • Trading

  • Fertilizers

  • Finance - Investment

  • Finance - Others

  • BPO/ITeS

  • Tyres & Allied

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Fund Manager

  • Cash

  • CRISIL A+

  • CRISIL A1+

  • CRISIL AA

  • CRISIL AA+

  • CRISIL AA-

  • CRISIL AAA

  • Derivatives

  • Equity

  • ICRA AA

  • ICRA AAA(SO)

  • IND AA

  • IND AA+

  • IND AAA(CE)

  • REITs & InvITs

  • Sovereign

  • Unrated

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About Axis Balanced Advantage Fund

Scheme Analysis

Axis Balanced Advantage Fund is a Hybrid - Balanced Advantage fund and belongs to Axis Mutual Fund. It was launched on 01-Aug-2017 and currently has an AUM of ₹2,123.94 crore. Axis Balanced Advantage Fund is benchmarked against NIFTY 50 - TRI as primary index and NIFTY 50 Hybrid Composite Debt 50:50 Index as secondary index.

The NAV of Axis Balanced Advantage Fund ended up ₹0.11(0.55%)yesterday to ₹20.24.

Among its top 3 holdings the fund has exposure to 7.25% Government of India (12/06/2063), and

The Axis Balanced Advantage Fund is managed by Devang Shah and Ashish Naik.

Fund House Contact

One Lodha Place, 22 & 23 Floor, Senapati Bapat Marg, Lower Parel Mumbai - 400 013

022-43255161
022-43255199
www.axismf.com