- Mutual Funds
- Axis Mutual Fund
- Axis Balanced Advantage Fund (RIDCW-A)
Formerly Axis Dynamic Equity Reg IDCW-R
Axis Balanced Advantage Fund (RIDCW-A)
₹ 12.49
NAV (Apr 18)
Dynamic asset allocation or balanced advantage funds provides varying combinations of equity & debt and is suitable for investment objectives with duration specific to the fund category.
Dynamic Asset Allocation funds change their exposure to debt and equity dynamically - taking a call on market valuation & conditions.
This makes their performance difficult to assess.
With a high Equity component, the impact of market fluctuations on these funds is high.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 12.49
NAV (Apr 18)
Fund Returns
Last 1Y | 15.3% |
Last 3Y | 12.1% |
Last 5Y | 10.1% |
Last 10Y | NA |
Since Inception | 9% |
6 Month CAGR | 3.6% |
Scheme Information
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.
Expense Ratio | 2.08 |
Launched (7y ago) | Aug 01, 2017 |
AUM in Crores | 2102.693 |
ISIN | INF846K01A78 |
Lock-in | No Lock-in |
Benchmark | Nifty 50 TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 10.2 |
Standard Deviation (5yr) | 10.1 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.675 |
Sharpe Ratio (5yr) | 0.537 |
YTM | 7.62 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Axis Balanced Advantage Fund (RIDCW-A) | 9,37,888 | 2,05,276 | 10.1% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
7.25% govt stock 2063
9.4%icici bank ltd
6%reliance industries ltd
5.2%hdfc bank ltd
3.9%nifty 50 index april 2024 future
3.4%Allocation by Sector
financial services
21.5%technology
7.2%industrials
6.9%energy
6.8%consumer cyclical
6.3%Comparison with Hybrid Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 33,502 cr | ||
₹ 10,737 cr | ||
₹ 8,943 cr | ||
₹ 1,868 cr | ||
₹ 1,829 cr |
About the AMC
Axis Asset Management Company Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5% | 7.9% | ||
5.5% | 7% | ||
5.8% | 7% | ||
5.9% | 8% | ||
- | 4.9% |
Axis Balanced Advantage Fund (RIDCW-A) Review
Axis Balanced Advantage Fund (RIDCW-A) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 9% over a period of 6 years. The fund was previously known as Axis Dynamic Equity Reg IDCW-R. The fund is managed by Axis Asset Management Company Limited. The fund managers are Ashish Naik, Devang Shah, Hardik Shah, Jayesh Sundar.
Nav of Axis Balanced Advantage Fund (RIDCW-A) as of 4/18/2024 is ₹12.49 with the total AUM as of 4/19/2024 is ₹2102.693. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Balanced Advantage Fund (RIDCW-A) was launched on Aug 01, 2017. The category risk of the fund is Moderately High risk.
The minimum SIP amount for Axis Balanced Advantage Fund (RIDCW-A) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Frequently Asked Questions
What is Axis Balanced Advantage Fund (RIDCW-A)?
How to invest in Axis Balanced Advantage Fund (RIDCW-A)?
You can invest in Axis Balanced Advantage Fund (RIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Axis Balanced Advantage Fund (RIDCW-A)?
The minimum sip amount for Axis Balanced Advantage Fund (RIDCW-A) is ₹1000. You can invest in multiples of ₹5000.
Is Axis Balanced Advantage Fund (RIDCW-A) good to invest in?
As per Scripbox experts, Axis Balanced Advantage Fund (RIDCW-A) is a Not Recommended fund. You can investAxis Balanced Advantage Fund (RIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Axis Balanced Advantage Fund (RIDCW-A)?
The expense ratio of the Axis Balanced Advantage Fund (RIDCW-A) is 2.08% for regular plan.