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  • Axis Mutual Fund
  • Axis Balanced Advantage Fund (Growth)

Formerly Axis Dynamic Equity Reg Gr

Axis Mutual Fund

Axis Balanced Advantage Fund (Growth)

HybridDynamic Asset Allocation Or Balanced Advantage

18.72

NAV (May 23)

11.1%
5 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in dynamic asset allocation or balanced advantage mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Neutral

The performance of the fund on a Fund Size metric has been Neutral

Outperformance Consistency

Neutral

The performance of the fund on a Outperformance Consistency metric has been Neutral

Scripbox Recommended Equity Funds
Want the equity funds that are right for your long term equity investment needs?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

18.72

NAV (May 23)

Fund Returns

Last 1Y
26.4%
Last 3Y
13.2%
Last 5Y
11.1%
Last 10Y
NA
Since Inception
9.6%
6 Month CAGR
16.9%

Scheme Information

Investment 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.

Expense Ratio
2.07
Launched (7y ago)
Aug 01, 2017
AUM in Crores
2123.939
ISIN
INF846K01A52
Lock-in
No Lock-in
Benchmark
Nifty 50 TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
7.5
Standard Deviation (5yr)
8.6
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0.952
Sharpe Ratio (5yr)
0.628
YTM
7.71
Fund Managers

Devang Shah

Fund Manager

Hardik Shah

Fund Manager

Jayesh Sundar

Fund Manager

Ashish Naik

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Axis Balanced Advantage Fund (Growth)70%9,62,096 2,29,48411.1%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2024-05-23

Top Stock Holdings

7.25% govt stock 2063

8.6%
8.6%

icici bank ltd

6.2%
6.2%

reliance industries ltd

5.1%
5.1%

clearing corporation of india ltd

4.8%
4.8%

hdfc bank ltd

4%
4%
See all holdings

Allocation by Sector

financial services

23.5%
23.5%

industrials

7.6%
7.6%

technology

6.8%
6.8%

energy

6.7%
6.7%

consumer cyclical

6.1%
6.1%
See all sectors

Comparison with Hybrid Funds

Fund NameFund SizeRolling Returns
Edelweiss Balanced Advantage Fund (G)
Edelweiss Balanced Advantage Fund (G)

₹ 11,135 cr

₹ 34,733 cr

₹ 9,107 cr

₹ 3,402 cr

₹ 2,173 cr

amc-img

About the AMC

Axis Asset Management Company Limited

Axis Asset Management Company Limited manages assets worth 297,862 crores and was set up on 13 January 2009. It's current offering of mutual fund schemes includes 62 equity,113 debt and 32 hybrid funds.amc-img
phone-img022-43255161
Fund NameScripbox Opinion
Till Date CAGR

4.9%

7.9%

5.7%

7%

5.9%

8%

5.8%

7%

-

5.1%

Axis Balanced Advantage Fund (G) Review

Axis Balanced Advantage Fund (G) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 9.6% over a period of 6 years. The fund was previously known as Axis Dynamic Equity Reg Gr. 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 (G) as of 5/23/2024 is ₹18.72 with the total AUM as of 5/24/2024 is ₹2123.939. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Balanced Advantage Fund (G) 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 (G) 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 (G)?

Axis Balanced Advantage Fund (G) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid scheme predominantly investing across Hybrid instruments with an investment objective to generate wealth over the long term.

How to invest in Axis Balanced Advantage Fund (G)?

You can invest in Axis Balanced Advantage Fund (G) 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 (G)?

The minimum sip amount for Axis Balanced Advantage Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Axis Balanced Advantage Fund (G) good to invest in?

As per Scripbox experts, Axis Balanced Advantage Fund (G) is a Not Recommended fund. You can investAxis Balanced Advantage Fund (G) 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 (G)?

The expense ratio of the Axis Balanced Advantage Fund (G) is 2.07% for regular plan.