Dezerv

Fund Overview

Fund Size

Fund Size

₹2,103 Cr

Expense Ratio

Expense Ratio

2.08%

ISIN

ISIN

INF846K01A52

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

01 Aug 2017

About this fund

Axis Balanced Advantage Fund Regular Growth is a Dynamic Asset Allocation mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 6 years, 8 months and 18 days, having been launched on 01-Aug-17.
As of 18-Apr-24, it has a Net Asset Value (NAV) of ₹17.89, Assets Under Management (AUM) of 2102.69 Crores, and an expense ratio of 2.08%.
  • Axis Balanced Advantage Fund Regular Growth has given a CAGR return of 9.05% since inception.
  • The fund's asset allocation comprises around 68.62% in equities, 27.76% in debts, and 3.62% in cash & cash equivalents.
  • You can start investing in Axis Balanced Advantage Fund Regular Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+25.37%

+23.89%(Cat. Avg.)

3 Years

+12.13%

+12.45%(Cat. Avg.)

5 Years

+10.26%

+11.62%(Cat. Avg.)

Since Inception

+9.05%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity1,442.91 Cr68.62%
Debt583.77 Cr27.76%
Others76.02 Cr3.62%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
7.25% Govt Stock 2063Bond - Gov't/Treasury197.8 Cr9.41%
ICICI Bank LtdEquity125.71 Cr5.98%
Reliance Industries LtdEquity110.18 Cr5.24%
HDFC Bank LtdEquity81.01 Cr3.85%
Nifty 50 Index April 2024 FutureEquity Index - Future72.52 Cr3.45%
7.3% Govt Stock 2053Bond - Gov't/Treasury71.52 Cr3.40%
Infosys LtdEquity69.31 Cr3.30%
Sun Pharmaceuticals Industries LtdEquity58.68 Cr2.79%
Larsen & Toubro LtdEquity56.13 Cr2.67%
Bajaj Finance LtdEquity55.84 Cr2.66%
Clearing Corporation Of India LtdCash - Repurchase Agreement52.74 Cr2.51%
NTPC LtdEquity42.45 Cr2.02%
Mahindra & Mahindra LtdEquity40.32 Cr1.92%
7.18% Govt Stock 2037Bond - Gov't/Treasury40.3 Cr1.92%
Pidilite Industries LtdEquity39.62 Cr1.88%
State Bank of IndiaEquity36.74 Cr1.75%
Net Receivables / (Payables)Cash-36.54 Cr1.74%
Mahanagar Telephone Nigam LimitedBond - Corporate Bond33.37 Cr1.59%
Bharti Airtel LtdEquity33.05 Cr1.57%
SBI Life Insurance Company LimitedEquity32.83 Cr1.56%
Bajaj Auto LtdEquity32.74 Cr1.56%
182 DTB 11042024Bond - Gov't/Treasury29.95 Cr1.42%
Bharat Highways InvIT UnitEquity27.45 Cr1.31%
HDFC Bank Ltd. 7.65%Bond - Corporate Bond25.08 Cr1.19%
Bharti Telecom LimitedBond - Corporate Bond25.01 Cr1.19%
360 One Prime Ltd. 9.2%Bond - Corporate Bond24.98 Cr1.19%
Shriram Finance Ltd. 8.75%Bond - Corporate Bond24.9 Cr1.18%
Indian BankEquity24.59 Cr1.17%
Dabur India LtdEquity23.59 Cr1.12%
ICICI Prudential Life Insurance Company LimitedEquity23.41 Cr1.11%
Tata Consultancy Services LtdEquity21.24 Cr1.01%
Vijaya Diagnostic Centre LtdEquity20.53 Cr0.98%
Kaynes Technology India LtdEquity19.6 Cr0.93%
Sona BLW Precision Forgings LtdEquity19.59 Cr0.93%
Mankind Pharma LtdEquity19.36 Cr0.92%
Coforge LtdEquity18.28 Cr0.87%
UNO Minda LtdEquity18.01 Cr0.86%
PI Industries LtdEquity17.95 Cr0.85%
Jio Financial Services LtdEquity17.43 Cr0.83%
Cholamandalam Investment And Fin. Co. LtdBond - Corporate Bond17.38 Cr0.83%
Tata Consumer Products LtdEquity17.26 Cr0.82%
Coal India LtdEquity16.97 Cr0.81%
Jyoti CNC Automation LtdEquity16.41 Cr0.78%
Cummins India LtdEquity15.91 Cr0.76%
Bharat Dynamics Ltd Ordinary SharesEquity15.52 Cr0.74%
Poonawalla Fincorp LimitedBond - Corporate Bond14.95 Cr0.71%
364 DTB 25042024Bond - Gov't/Treasury14.93 Cr0.71%
Oil & Natural Gas Corp LtdEquity14.88 Cr0.71%
TVS Motor Co LtdEquity13.89 Cr0.66%
UltraTech Cement LtdEquity13.1 Cr0.62%
Bharat Electronics LtdEquity12.61 Cr0.60%
The Federal Bank LtdEquity12.41 Cr0.59%
Dixon Technologies (India) LtdEquity11.66 Cr0.55%
KFin Technologies LtdEquity11.52 Cr0.55%
Cholamandalam Investment and Finance Co LtdEquity10.68 Cr0.51%
United Spirits LtdEquity10.5 Cr0.50%
Mphasis LtdEquity10.39 Cr0.49%
7.18% Govt Stock 2033Bond - Gov't/Treasury10.09 Cr0.48%
Indian Railway Finance Corporation LimitedBond - Corporate Bond10.05 Cr0.48%
HDFC Bank LimitedBond - Corporate Bond10 Cr0.48%
Dlf Home Developers Limited 8.5%Bond - Corporate Bond9.99 Cr0.48%
Muthoot Finance LimitedBond - Corporate Bond9.99 Cr0.48%
TATA Motors Finance LimitedBond - Corporate Bond9.97 Cr0.47%
Indostar Capital Finance LimitedBond - Corporate Bond9.94 Cr0.47%
Max Healthcare Institute Ltd Ordinary SharesEquity9.76 Cr0.46%
Cipla LtdEquity9.69 Cr0.46%
HDFC Bank LimitedBond - Corporate Bond9.51 Cr0.45%
Brigade Enterprises LtdEquity8.62 Cr0.41%
DOMS Industries LtdEquity8.35 Cr0.40%
Bharti Telecom LimitedBond - Corporate Bond8.09 Cr0.38%
VAJRA 003 TRUSTBond - Asset Backed7.99 Cr0.38%
SRF LtdEquity6.95 Cr0.33%
GPT Healthcare LtdEquity6.93 Cr0.33%
Hindustan Unilever LtdEquity6.07 Cr0.29%
Persistent Systems LtdEquity6.02 Cr0.29%
Vedant Fashions LtdEquity5.62 Cr0.27%
7.26% Govt Stock 2033Bond - Gov't/Treasury5.06 Cr0.24%
Tata Steel LimitedBond - Corporate Bond5.05 Cr0.24%
Aadhar Housing Finance LimitedBond - Corporate Bond4.98 Cr0.24%
182 DTB 09052024Bond - Gov't/Treasury4.97 Cr0.24%
BSE LtdEquity3.02 Cr0.14%
Jubilant Foodworks LtdEquity2.96 Cr0.14%
Honasa Consumer LtdEquity2.56 Cr0.12%
Ess KAy Auto Finance Private LimitedBond - Corporate Bond2.49 Cr0.12%
Tata Technologies LtdEquity2.12 Cr0.10%
Power Finance Corporation LimitedBond - Corporate Bond1.99 Cr0.09%
06.24 MH Sdl 2026Bond - Gov't/Treasury1.95 Cr0.09%
08.51 MH Sdl 2026Bond - Gov't/Treasury1.28 Cr0.06%
Nestle India LtdEquity1.04 Cr0.05%
Kotak Mahindra Bank LtdEquity0.79 Cr0.04%
Ambuja Cements LtdEquity0.41 Cr0.02%
Torrent Pharmaceuticals LtdEquity0.13 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

51.11%

Mid Cap Stocks

9.42%

Small Cap Stocks

4.32%

Allocation By Credit Quality (Debt)

AAA

AA

A

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services451.9 Cr21.49%
Technology150.54 Cr7.16%
Industrials144.54 Cr6.87%
Energy142.03 Cr6.75%
Consumer Cyclical133.13 Cr6.33%
Healthcare125.08 Cr5.95%
Basic Materials78.02 Cr3.71%
Consumer Defensive61.03 Cr2.90%
Utilities42.45 Cr2.02%
Communication Services33.05 Cr1.57%
Real Estate8.62 Cr0.41%

Risk & Performance Ratios

Standard Deviation

This fund

7.55%

Cat. avg.

7.46%

Lower the better

Sharpe Ratio

This fund

0.90

Cat. avg.

0.90

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.79

Higher the better

Fund Managers

Devang Shah

Devang Shah

Since April 2024

Ashish Naik

Ashish Naik

Since March 2023

Hardik Shah

Hardik Shah

Since January 2022

Jayesh Sundar

Jayesh Sundar

Since September 2023

Additional Scheme Detailsas of 31st March 2024

ISININF846K01A52Expense Ratio2.08%Exit Load1.00%Fund Size₹2,103 CrAge01 Aug 2017Lumpsum Minimum₹100Fund StatusOpen Ended Investment CompanyBenchmarkNifty 50 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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Fund nameExpense RatioExit LoadFund size
1Y
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Quant Dynamic Asset Allocation Fund Direct Growth

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0.7%1.0%₹890.96 Cr60.5%
Quant Dynamic Asset Allocation Fund Regular Growth

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Bandhan Balanced Advantage Fund Direct Growth

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0.7%1.0%₹2224.10 Cr21.5%
Bandhan Balanced Advantage Fund Regular Growth

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1.9%1.0%₹2224.10 Cr19.9%
Mahindra Manulife Balanced Advantage Fund Regular Growth

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2.3%1.0%₹702.76 Cr30.5%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹702.76 Cr32.8%
Mirae Asset Balanced Advantage Fund Direct Growth

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Mirae Asset Balanced Advantage Fund Regular Growth

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2.1%1.0%₹1534.21 Cr21.2%

About the AMC

Total AUM

₹2,78,720 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth

Moderate Risk

-0.0%--
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹99.90 Cr-
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.5%1.0%₹4360.55 Cr-
Axis Fixed Term Plan Series 118 100 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 113 1228 Days Direct Growth

Low to Moderate Risk

-0.0%-7.1%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 105 1128 Days Direct Growth

Moderate Risk

-0.0%--
Axis Fixed Term Plan Series 112 1143 Days Direct Growth

Low to Moderate Risk

-0.0%-7.3%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹77.47 Cr6.9%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹13728.71 Cr6.9%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

1.1%1.0%₹922.09 Cr21.6%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹240.82 Cr75.4%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹11670.37 Cr32.3%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹7272.40 Cr7.7%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.0%1.0%₹1586.00 Cr21.5%
Axis Special Situations Fund Direct Growth

Very High Risk

1.3%1.0%₹1202.39 Cr37.0%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹5363.14 Cr7.5%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.4%1.0%₹1371.79 Cr30.5%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹3931.16 Cr8.3%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.6%1.0%₹132.21 Cr-13.7%
Axis Value Fund Direct Growth

Very High Risk

1.0%1.0%₹499.14 Cr49.9%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderately High risk

0.2%1.0%₹173.73 Cr6.7%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹285.72 Cr7.8%
Axis Bluechip Fund Direct Growth

Very High Risk

0.7%1.0%₹33523.02 Cr29.1%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1708.41 Cr7.2%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹410.00 Cr19.8%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹14086.94 Cr31.0%
Axis Regular Saver Fund Direct Growth

Very High Risk

0.9%1.0%₹342.01 Cr10.5%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.3%1.0%₹1985.48 Cr8.0%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹35473.88 Cr34.8%
Axis Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹7797.42 Cr7.3%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹22169.19 Cr7.4%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.4%1.0%₹1173.79 Cr20.8%
Axis Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹25536.68 Cr41.3%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5100.92 Cr7.6%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.1%1.0%₹902.05 Cr19.7%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.9%1.0%₹2102.69 Cr27.0%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.2%0.0%₹264.67 Cr55.8%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹107.06 Cr-
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹33.81 Cr6.7%
Axis Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹463.99 Cr7.7%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹4063.99 Cr7.7%
Axis Multicap Fund Direct Growth

Very High Risk

0.8%1.0%₹5081.24 Cr51.7%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹68.59 Cr7.0%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹290.25 Cr7.2%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.1%0.0%₹35.76 Cr11.3%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹135.86 Cr60.0%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹538.54 Cr7.2%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹216.04 Cr8.0%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹431.54 Cr25.7%

Risk Level

Your principal amount will be at Moderately High risk

Moderately High risk
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The NAV of Axis Balanced Advantage Fund Regular Growth, as of 18-Apr-2024, is ₹17.89.
The fund has generated 25.37% over the last 1 year and 12.13% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 68.62% in equities, 27.76% in bonds, and 3.62% in cash and cash equivalents.
The fund managers responsible for Axis Balanced Advantage Fund Regular Growth are:-
  1. Devang Shah
  2. Ashish Naik
  3. Hardik Shah
  4. Jayesh Sundar