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3 star

Axis Balanced Advantage Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.40 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.50 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.

These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years."

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 16.39 -0.39 0.53 -0.78 0.46 9.94 19.67 11.92 -- -- --
VR Balanced TRI 21.24 -1.03 0.87 -3.01 -0.30 9.26 27.94 16.15 -- -- --
Hybrid: Dynamic Asset Allocation 16.01 -0.31 0.36 -1.18 1.07 7.34 19.54 12.51 -- -- --
Rank within category 10 23 8 10 18 4 10 11 -- -- --
Number of funds in category 25 29 29 28 26 26 25 18 12 10 0

As on 03-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Balanced Advantage Fund - Direct Plan
3 star
Aug-17 19.67 11.92 -- 0.87% 1,789
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
Jan-13 18.30 13.42 12.52 1.00% 36,816
Kotak Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Aug-18 17.22 14.30 -- 0.45% 11,813
Edelweiss Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Jan-13 24.41 17.68 15.76 0.45% 6,331
Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Jan-13 17.72 13.57 11.86 0.59% 6,124

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.94 29-Jan-2021 - 05-Feb-2021 -7.85 11-Mar-2020 - 18-Mar-2020
Month 8.42 23-Mar-2020 - 22-Apr-2020 -16.89 20-Feb-2020 - 23-Mar-2020
Quarter 13.12 24-Sep-2020 - 24-Dec-2020 -14.56 23-Dec-2019 - 23-Mar-2020
Year 33.54 24-Sep-2020 - 24-Sep-2021 -9.59 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 11.55 8.87 0.88 1.01 0.46 1.95
VR Balanced TRI 16.35 17.90 0.70 0.83 -- --
Hybrid: Dynamic Asset Allocation 12.60 12.26 0.72 0.80 0.63 0.95
Rank within category 13 2 3 4 3 4
Number of funds in category 19 19 19 19 19 19

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 73
Top 10 Holdings (%) 36.23
Top 5 Holdings (%) 22.31
Top 3 Sectors (%) 29.14
Portfolio P/B Ratio 5.06
Portfolio P/E Ratio 35.91
Avg Credit Rating CASH

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.68% Power Finance Corporation 15/07/2030 Non Convertible Debenture AAA 2.05 - 2.81 2.05
equal 3.00% Axis Bank 22/07/2022 Fixed Deposits -- 0.00 - 2.52 1.93
equal 7.86% Power Finance Corporation 2030 Debenture AAA 1.48 - 2.03 1.48
equal 6.75% Sikka Ports and Terminals 22/04/2026 Debenture AAA 0.00 - 1.88 1.42
equal 3.00% Axis Bank 2022 Fixed Deposits -- 0.00 - 1.87 1.38
equal 8.49% Nat. Highways Authority 2029 Non Convertible Debenture AAA 1.22 - 1.69 1.22
equal 7.75% Power Finance Corporation 2030 Non Convertible Debenture AAA 1.17 - 1.61 1.17
down 6.97% National Bank Agr. Rur. Devp 17/03/2031 Non Convertible Debenture AAA 0.00 - 1.84 1.14
equal 7.09% Food Corporation of India 13/08/2031 Non Convertible Debenture AAA 0.00 - 0.98 0.84
new 2.60% Axis Bank 14/01/2022 Fixed Deposits -- 0.00 - 0.82 0.82
equal 7.55% Indian Railway Finance Corporation 2029 Debenture AAA 0.59 - 0.81 0.59
equal 9.50% Nirma Perpetual Bond AA- 0.57 - 0.76 0.57
new 2.60% Axis Bank 31/01/2022 Fixed Deposits -- 0.00 - 0.55 0.55
equal 3.00% Axis Bank 28/07/2022 Fixed Deposits -- 0.00 - 0.72 0.55
equal 7.40% Power Finance Corporation 2030 Non Convertible Debenture AAA 0.40 - 0.55 0.40
equal 8.45% Indian Railway Finance Corporation 2028 Debenture AAA 0.00 - 0.38 0.31
equal 7.50% NHPC 2025 Non Convertible Debenture AAA 0.30 - 0.41 0.30
equal 9.15% ICICI Bank Additional Tier 1 Bond AA+ 0.29 - 0.40 0.29
equal 3.00% Axis Bank 22/08/2022 Fixed Deposits -- 0.00 - 0.34 0.27
equal 7.69% National Bank Agr. Rur. Devp 31/03/2032 Bonds/Debentures AAA 0.18 - 0.25 0.18
equal 9.70% Coastal Gujarat Power 27/08/2023 Non Convertible Debenture AA 0.06 - 0.08 0.06
new ICICI Securities Primary Dealership 26/10/2026 Interest Rate Swap -- 0.00 - -0.01 -0.01
equal Others CBLO -- - 18.99

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up ICICI Bank Financial 23.44 9.11 2.16 5.80
up Tata Consultancy Services Technology 36.81 6.31 1.52 4.62
equal Infosys Technology 34.93 9.12 1.61 4.23
up HDFC Bank Financial 24.50 6.80 3.13 3.99
up Reliance Industries Energy 31.17 10.83 3.44 3.67
up Bajaj Finance Financial 85.76 5.36 1.90 3.32
equal HDFC Financial 24.08 8.14 2.87 2.87
up Avenue Supermarts Services 226.32 3.65 0.00 2.87
up Kotak Mahindra Bank Financial 38.01 3.96 1.29 2.81
equal Asian Paints Chemicals 91.67 4.31 0.78 1.83
equal Ultratech Cement Construction 33.27 2.16 0.00 1.70
new Bharti Airtel Communication 139.49 4.59 0.00 1.52
equal Ambuja Cements Construction 23.22 1.62 0.00 1.41
equal Divi's Laboratories Healthcare 59.12 2.43 0.00 1.39
down Coforge Technology 61.56 1.93 0.00 1.27
up Tech Mahindra Technology 30.54 1.17 0.00 1.17
equal Nestle India FMCG 83.04 4.64 0.77 1.08
down Hindustan Unilever FMCG 65.71 4.71 1.08 1.08
equal Sona BLW Precision Forgings Automobile 208.35 1.32 0.00 1.07
down Maruti Suzuki India Automobile 51.80 3.44 0.00 0.97
new United Spirits FMCG 77.06 0.95 0.00 0.95
up Mahindra & Mahindra Automobile 25.19 1.42 0.00 0.90
equal Godrej Consumer Products FMCG 53.03 1.22 0.00 0.87
up Sun Pharmaceutical Industries Healthcare 29.00 0.85 0.00 0.85
equal Larsen & Toubro Construction 28.92 3.20 0.00 0.82

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Anupam Tiwari since 11-Jul-2017

Education: Mr. Tiwari is a Chartered Accountant.

Experience: Prior to joining Axis Mutual Fund he was associated with Principal Mutual Fund (July 25, 2011-Sep 21, 2016), Reliance Life Insurance Ltd. (Sep 22, 2010-Jul 15, 2011) and Reliance MF (Mar 21, 2005-Sep 21, 2010).

Interviews:

Funds Managed:

— R Sivakumar since 11-Jul-2017

Education: Mr. Sivakumar is a B.Tech from IIT Madras and MBA from IIM Ahmedabad.

Experience: Prior to joining Axis AMC he has worked with BNP Paribas Mutual Fund, Sundaram Mutual Fund (2001-2004), HDFC Mutual Fund and ITC Threadneedle.

Funds Managed:


-0.39%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 15.2700

IDCW: ₹ 13.4100


Investment Strategy

The scheme seeks 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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 01-Aug-2017
Return Since Launch: 10.24%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: High
Type: Open-ended
Assets: ₹ 1,789 Cr (As on 31-Oct-2021)
Expense: 0.87% (As on 31-Oct-2021)
Risk Grade: Below Average
Return Grade: Below Average
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-Mar-20211.1000

 30-Sep-20190.3984

Contact Information

AMC: Axis Asset Management Company Ltd.

Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025

Phone: 022-24255161

Fax: 022-43255199

Email: [email protected] / [email protected]

Website: http://www.axismf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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