Dezerv

Fund Overview

Fund Size

Fund Size

₹2,322 Cr

Expense Ratio

Expense Ratio

2.06%

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, 11 months and 11 days, having been launched on 01-Aug-17.
As of 11-Jul-24, it has a Net Asset Value (NAV) of ₹19.70, Assets Under Management (AUM) of 2322.48 Crores, and an expense ratio of 2.06%.
  • Axis Balanced Advantage Fund Regular Growth has given a CAGR return of 10.26% since inception.
  • The fund's asset allocation comprises around 65.32% in equities, 22.54% in debts, and 12.13% 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

+28.01%

+24.59% (Cat Avg.)

3 Years

+13.82%

+13.20% (Cat Avg.)

5 Years

+12.42%

+13.33% (Cat Avg.)

Since Inception

+10.26%

(Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity1,517.16 Cr65.32%
Debt523.5 Cr22.54%
Others281.82 Cr12.13%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
7.25% Govt Stock 2063Bond - Gov't/Treasury183.55 Cr7.90%
HDFC Bank LtdEquity140.55 Cr6.05%
Net Receivables / (Payables)Cash131.67 Cr5.67%
ICICI Bank LtdEquity124.74 Cr5.37%
Reliance Industries LtdEquity121.02 Cr5.21%
Clearing Corporation Of India LtdCash - Repurchase Agreement100.33 Cr4.32%
Infosys LtdEquity88.1 Cr3.79%
7.3% Govt Stock 2053Bond - Gov't/Treasury72.08 Cr3.10%
Mahindra & Mahindra LtdEquity62.74 Cr2.70%
Bajaj Finance LtdEquity57.6 Cr2.48%
State Bank of IndiaEquity55.29 Cr2.38%
Sun Pharmaceuticals Industries LtdEquity53.25 Cr2.29%
Bharti Airtel LtdEquity52.27 Cr2.25%
NTPC LtdEquity47.82 Cr2.06%
Dabur India LtdEquity40.84 Cr1.76%
Pidilite Industries LtdEquity36.86 Cr1.59%
Larsen & Toubro LtdEquity35.85 Cr1.54%
Hdfc Bank Limited July 2024 FutureEquity - Future-34.39 Cr1.48%
SBI Life Insurance Company LimitedEquity26.77 Cr1.15%
Bharat Highways InvIT UnitEquity26.29 Cr1.13%
Bajaj Finance Ltd. 7.87%Bond - Corporate Bond24.96 Cr1.07%
360 One Prime LimitedBond - Corporate Bond24.92 Cr1.07%
Shriram Finance Ltd. 8.75%Bond - Corporate Bond24.92 Cr1.07%
Bajaj Auto LtdEquity24.61 Cr1.06%
Tata Consultancy Services LtdEquity21.39 Cr0.92%
ICICI Prudential Life Insurance Company LimitedEquity20.99 Cr0.90%
Titagarh Rail Systems LtdEquity20.64 Cr0.89%
Coal India LtdEquity20.55 Cr0.88%
Cummins India LtdEquity20.51 Cr0.88%
Mahanagar Telephone Nigam LimitedBond - Corporate Bond20.31 Cr0.87%
HDFC Bank LimitedBond - Corporate Bond20.11 Cr0.87%
Cholamandalam Investment And Fin. Co. LtdBond - Corporate Bond19.8 Cr0.85%
Hindustan Aeronautics Ltd Ordinary SharesEquity19.74 Cr0.85%
Grasim Industries LtdEquity19.6 Cr0.84%
Kotak Mahindra Bank LtdEquity19.11 Cr0.82%
Vijaya Diagnostic Centre LtdEquity18.7 Cr0.81%
Mankind Pharma LtdEquity17.91 Cr0.77%
Cholamandalam Investment and Finance Co LtdEquity17.8 Cr0.77%
Indian BankEquity17.72 Cr0.76%
PI Industries LtdEquity17.63 Cr0.76%
Tata Consumer Products LtdEquity17.28 Cr0.74%
Hindalco Industries LtdEquity17.08 Cr0.74%
Mphasis LtdEquity16.92 Cr0.73%
TBO Tek LtdEquity16.55 Cr0.71%
Kaynes Technology India LtdEquity16.36 Cr0.70%
7.18% Govt Stock 2033Bond - Gov't/Treasury15.13 Cr0.65%
Future on Hindustan Aeronautics Ltd Ordinary SharesEquity - Future-15.11 Cr0.65%
HDFC Bank LimitedBond - Corporate Bond15.04 Cr0.65%
Poonawalla Fincorp LimitedBond - Corporate Bond14.99 Cr0.65%
191 DTB 19072024Bond - Gov't/Treasury14.95 Cr0.64%
Indostar Capital Finance LimitedCash - Commercial Paper14.89 Cr0.64%
Jyoti CNC Automation LtdEquity14.89 Cr0.64%
Hindustan Unilever LtdEquity14.84 Cr0.64%
The Federal Bank LtdEquity14.46 Cr0.62%
Coforge LtdEquity14.22 Cr0.61%
PNB Housing Finance LtdEquity13.84 Cr0.60%
Brigade Enterprises LtdEquity13.8 Cr0.59%
Cipla LtdEquity13.77 Cr0.59%
DOMS Industries LtdEquity13.67 Cr0.59%
UNO Minda LtdEquity13.3 Cr0.57%
Sona BLW Precision Forgings LtdEquity12.95 Cr0.56%
United Spirits LtdEquity12 Cr0.52%
The India Cements Limited July 2024 FutureEquity - Future-11.98 Cr0.52%
India Cements LtdEquity11.92 Cr0.51%
Oil & Natural Gas Corp LtdEquity11.38 Cr0.49%
Future on State Bank of IndiaEquity - Future-11.28 Cr0.49%
Max Healthcare Institute Ltd Ordinary SharesEquity11.19 Cr0.48%
TVS Motor Co LtdEquity11.12 Cr0.48%
Bharat Dynamics Ltd Ordinary SharesEquity10.97 Cr0.47%
Bharat Electronics LtdEquity10.4 Cr0.45%
Go Digit General Insurance LtdEquity10.24 Cr0.44%
Indian Railway Finance Corporation LimitedBond - Corporate Bond10.02 Cr0.43%
Renserv Global Pvt Ltd. 10.18%Bond - Corporate Bond9.99 Cr0.43%
Dlf Home Developers Limited 8.5%Bond - Corporate Bond9.99 Cr0.43%
TVS Holdings LimitedBond - Corporate Bond9.97 Cr0.43%
Indostar Capital Finance LimitedBond - Corporate Bond9.96 Cr0.43%
Muthoot Finance LimitedBond - Corporate Bond9.93 Cr0.43%
UltraTech Cement LtdEquity9.73 Cr0.42%
HDFC Bank LimitedBond - Corporate Bond9.46 Cr0.41%
Bharti Telecom LimitedBond - Corporate Bond8.1 Cr0.35%
KFin Technologies LtdEquity7.73 Cr0.33%
VAJRA 003 TRUSTBond - Asset Backed6.51 Cr0.28%
Vedanta Limited July 2024 FutureEquity - Future-6.42 Cr0.28%
Vedanta LtdEquity6.37 Cr0.27%
Future on Steel Authority Of India LtdEquity - Future-6.29 Cr0.27%
Steel Authority Of India LtdEquity6.24 Cr0.27%
GPT Healthcare LtdEquity5.93 Cr0.26%
Future on RBL Bank LtdEquity - Future-5.53 Cr0.24%
RBL Bank LtdEquity5.52 Cr0.24%
Future on Bharat Heavy Electricals LtdEquity - Future-5.08 Cr0.22%
Bharat Heavy Electricals LtdEquity5.05 Cr0.22%
Tata Steel LimitedBond - Corporate Bond5.02 Cr0.22%
Aadhar Housing Finance LimitedBond - Corporate Bond5.01 Cr0.22%
182 DTB 11072024Bond - Gov't/Treasury4.99 Cr0.21%
Future on GAIL (India) LtdEquity - Future-4.35 Cr0.19%
GAIL (India) LtdEquity4.32 Cr0.19%
Jubilant Foodworks LtdEquity3.72 Cr0.16%
Acc Limited July 2024 FutureEquity - Future-2.93 Cr0.13%
Future on Bharat Petroleum Corp LtdEquity - Future-2.91 Cr0.13%
ACC LtdEquity2.91 Cr0.13%
Bharat Petroleum Corp LtdEquity2.9 Cr0.12%
Future on Bajaj Finance LtdEquity - Future-2.78 Cr0.12%
Honasa Consumer LtdEquity2.71 Cr0.12%
Ess KAy Auto Finance Private LimitedBond - Corporate Bond2.5 Cr0.11%
Tata Technologies LtdEquity2.12 Cr0.09%
Power Finance Corporation LimitedBond - Corporate Bond1.98 Cr0.09%
06.24 MH Sdl 2026Bond - Gov't/Treasury1.96 Cr0.08%
Future on Bank of BarodaEquity - Future-1.3 Cr0.06%
Bank of BarodaEquity1.29 Cr0.06%
08.51 MH Sdl 2026Bond - Gov't/Treasury1.28 Cr0.05%
Future on IndusInd Bank LtdEquity - Future-1.1 Cr0.05%
IndusInd Bank LtdEquity1.1 Cr0.05%
Nestle India LtdEquity1.01 Cr0.04%
Tamil Nadu (Government of) 7.42%Bond - Sub-sovereign Government Debt1.01 Cr0.04%
Future on TVS Motor Co LtdEquity - Future-0.58 Cr0.03%
Ambuja Cements LtdEquity0.45 Cr0.02%
Future on Indian Energy Exchange LtdEquity - Future-0.41 Cr0.02%
Indian Energy Exchange LtdEquity0.41 Cr0.02%
Future on IDFC LtdEquity - Future-0.31 Cr0.01%
IDFC LtdEquity0.31 Cr0.01%
Future on Kotak Mahindra Bank LtdEquity - Future-0.29 Cr0.01%
BSE LtdEquity0.26 Cr0.01%
Future on Bajaj Finserv LtdEquity - Future-0.24 Cr0.01%
Bajaj Finserv LtdEquity0.24 Cr0.01%
Future on Chambal Fertilisers & Chemicals LtdEquity - Future-0.19 Cr0.01%
Chambal Fertilisers & Chemicals LtdEquity0.19 Cr0.01%
Future on United Spirits LtdEquity - Future-0.18 Cr0.01%
Future on City Union Bank LtdEquity - Future-0.17 Cr0.01%
City Union Bank LtdEquity0.17 Cr0.01%
Torrent Pharmaceuticals LtdEquity0.14 Cr0.01%
Future on Info Edge (India) LtdEquity - Future-0.1 Cr0.00%
Info Edge (India) LtdEquity0.1 Cr0.00%
Cholamandalam Investment And Finance Company Ltd 1400 Put July 2024 OptionEquity - Option (Put)0.1 Cr0.00%
Future on Balkrishna Industries LtdEquity - Future-0.1 Cr0.00%
Balkrishna Industries LtdEquity0.1 Cr0.00%
Future on Glenmark Pharmaceuticals LtdEquity - Future-0.09 Cr0.00%
Glenmark Pharmaceuticals LtdEquity0.09 Cr0.00%
Future on Apollo Hospitals Enterprise LtdEquity - Future-0.08 Cr0.00%
Apollo Hospitals Enterprise LtdEquity0.08 Cr0.00%
HCL Technologies LtdEquity0.05 Cr0.00%
Future on HCL Technologies LtdEquity - Future-0.05 Cr0.00%
Vedant Fashions LtdEquity0 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

52.56%

Mid Cap Stocks

7.44%

Small Cap Stocks

7.02%

Allocation By Credit Quality (Debt)

AAA

AA

A

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services554.68 Cr23.88%
Industrials184.64 Cr7.95%
Energy155.85 Cr6.71%
Technology150.54 Cr6.48%
Basic Materials128.98 Cr5.55%
Consumer Cyclical128.53 Cr5.53%
Healthcare121.06 Cr5.21%
Consumer Defensive88.68 Cr3.82%
Communication Services52.38 Cr2.26%
Utilities52.14 Cr2.25%
Real Estate13.8 Cr0.59%

Risk & Performance Ratios

Standard Deviation

This fund

7.69%

Cat. avg.

7.32%

Lower the better

Sharpe Ratio

This fund

0.99

Cat. avg.

0.83

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.62

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 30th June 2024

ISIN
INF846K01A52
Expense Ratio
2.06%
Exit Load
1.00%
Fund Size
₹2,322 Cr
Age
01 Aug 2017
Lumpsum Minimum
₹100
Fund Status
Open Ended Investment Company
Benchmark
Nifty 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
Motilal Oswal Balance Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹1233.45 Cr26.7%
Motilal Oswal Balance Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1233.45 Cr28.2%
Quant Dynamic Asset Allocation Fund Direct Growth

Very High Risk

0.7%1.0%₹1148.29 Cr56.9%
Quant Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.1%1.0%₹1148.29 Cr54.5%
Bandhan Balanced Advantage Fund Direct Growth

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0.6%1.0%₹2216.86 Cr21.1%
Bandhan Balanced Advantage Fund Regular Growth

Moderately High risk

1.9%1.0%₹2216.86 Cr19.6%
Mahindra Manulife Balanced Advantage Fund Regular Growth

Very High Risk

2.3%1.0%₹738.59 Cr27.8%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹738.59 Cr30.0%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1589.97 Cr23.2%
Mirae Asset Balanced Advantage Fund Regular Growth

High Risk

2.1%1.0%₹1589.97 Cr21.5%

About the AMC

Total AUM

₹2,86,505 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%₹97.34 Cr-
Axis India Manufacturing Fund Direct Growth

Very High Risk

0.3%1.0%₹5193.03 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%-7.3%
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%-7.4%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹78.66 Cr7.6%
Axis Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹13685.87 Cr7.1%
Axis Global Equity Alpha Fund of Fund Direct Growth

Very High Risk

0.8%1.0%₹895.88 Cr27.5%
Axis Nifty Smallcap 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹357.40 Cr70.6%
Axis Flexi Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹12721.36 Cr35.0%
Axis Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹10632.98 Cr7.7%
Axis Equity Hybrid Fund Direct Growth

Very High Risk

1.0%1.0%₹1643.44 Cr23.5%
Axis Special Situations Fund Direct Growth

Very High Risk

1.2%1.0%₹1270.83 Cr40.3%
Axis Corporate Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹5386.52 Cr7.8%
Axis ESG Equity Fund Direct Growth

Very High Risk

1.3%1.0%₹1390.64 Cr33.9%
Axis Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹5237.74 Cr8.3%
Axis Greater China Equity Fund of Fund Direct Growth

Very High Risk

0.6%1.0%₹187.60 Cr1.1%
Axis Value Fund Direct Growth

Very High Risk

1.0%1.0%₹619.87 Cr50.7%
Axis All Seasons Debt Fund of Funds Direct Growth

Moderate Risk

0.2%1.0%₹174.53 Cr8.2%
Axis Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹405.73 Cr9.1%
Axis Bluechip Fund Direct Growth

Very High Risk

0.7%1.0%₹34520.15 Cr27.9%
Axis Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹1668.03 Cr7.4%
Axis Gold Fund Direct Growth

High Risk

0.2%1.0%₹501.03 Cr23.1%
Axis Focused 25 Fund Direct Growth

Very High Risk

0.8%1.0%₹13880.51 Cr25.6%
Axis Regular Saver Fund Direct Growth

Very High Risk

0.8%1.0%₹333.92 Cr11.2%
Axis Strategic Bond Fund Direct Growth

Moderately High risk

0.4%1.0%₹1939.21 Cr8.3%
Axis Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹37106.30 Cr30.6%
Axis Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹7698.10 Cr7.6%
Axis Liquid Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹23260.17 Cr7.4%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

1.2%1.0%₹1245.86 Cr24.0%
Axis Midcap Fund Direct Growth

Very High Risk

0.5%1.0%₹30143.58 Cr50.4%
Axis Treasury Advantage Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5175.78 Cr7.6%
Axis Equity Saver Fund Direct Growth

Moderately High risk

1.0%1.0%₹938.20 Cr19.1%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.9%1.0%₹2322.48 Cr29.6%
Axis Nifty Midcap 50 Index Fund Direct Growth

Low Risk

0.2%0.0%₹351.55 Cr55.4%
Axis Nifty IT Index Fund Direct Growth

Very High Risk

0.3%0.0%₹104.49 Cr-
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹33.47 Cr7.5%
Axis Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹448.17 Cr8.0%
Axis Ultra Short Term Fund Direct Growth

Moderate Risk

0.3%0.0%₹4596.18 Cr7.7%
Axis Multicap Fund Direct Growth

Very High Risk

0.6%1.0%₹5973.27 Cr54.8%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹69.12 Cr7.6%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth

Low to Moderate Risk

0.1%0.0%₹292.46 Cr7.0%
Axis Silver Fund of Funds Direct Growth

Very High Risk

0.1%0.0%₹41.85 Cr28.0%
Axis Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹244.31 Cr67.9%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹569.71 Cr7.2%
Axis Long Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹256.47 Cr10.4%
Axis Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹482.49 Cr26.2%

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 11-Jul-2024, is ₹19.70.
The fund has generated 28.01% over the last 1 year and 13.82% 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 65.32% in equities, 22.54% in bonds, and 12.13% 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