Can I invest in SIP and Lumpsum in AXIS Balanced Advantage Fund - Direct (G) Direct Growth?

Yes, you can invest both lumpsum and SIP in AXIS Balanced Advantage Fund - Direct (G). Minimum lumpsum investment AXIS Balanced Advantage Fund - Direct (G) is ₹100 and minimum SIP amount is ₹100 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of AXIS Balanced Advantage Fund - Direct (G) Direct Growth?

The latest NAV (Net Asset Value) of AXIS Balanced Advantage Fund - Direct (G) is AXIS Balanced Advantage Fund - Direct (G) is ₹22.49 as on 2025-01-01.

Which are the biggest stock holdings of AXIS Balanced Advantage Fund - Direct (G)?

The 5 biggest stock holdings of AXIS Balanced Advantage Fund - Direct (G) are: HDFC Bank (6.06%), Reliance Industr (5.09%), Infosys (4.12%), ICICI Bank (4.00%), M & M (3.29%)

What are the top sectors AXIS Balanced Advantage Fund - Direct (G) invests in?

A majority of AXIS Balanced Advantage Fund - Direct (G) 's AUM worth ₹2,599.22 (Cr) is invested in these 3 top sectors: Debt : 32.26% Banks : 14.48% Cash & Others : 13.51%

Mutual Funds
AXIS Balanced Advantage Fund - Direct (G)

AXIS Balanced Advantage Fund - Direct (G)

Dynamic Asset Allocation or Balanced Advantage

Invest Now

NAV
22.49(0.27%)
Fund Size (CR)
₹2,599.22
Expense Ratio
0.81
Scheme Type
Active Fund
Value Research

Min. investment
₹100
Minimum Additional Investment
₹100
Minimum SIP Investment
₹100
Minimum Withdrawal
₹1,000
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
11.50%

Absolute Return: -2.30%

Annualized Return: 0%

Basic Details

Scheme Manager

Jayesh Sundar

Bench Mark

Nifty 50 Hybrid Composite Debt 50:50 Index

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	23 December 2024	9991.09	-0.09%	-	-0.06%	73/145
1 Month	30 November 2024	9960.04	-0.40%	-	-0.35%	74/145
3 Month	30 September 2024	9752.17	-2.48%	-	-3.24%	56/145
6 Month	28 June 2024	10461.75	4.62%	-	2.01%	16/141
1 Year	29 December 2023	11899.20	18.99%	18.99%	13.33%	5/133
3 Year	30 December 2021	14660.13	46.60%	13.60%	12.08%	17/107
5 Year	30 December 2019	18976.31	89.76%	13.67%	12.78%	21/83
Since Inception	1 August 2017	22430.00	124.30%	11.50%	11.96%	68/143

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 January 2024	1,30,000	138824.38	6.79%	6.79%
3 Year	3 January 2022	3,70,000	482483.84	30.40%	9.25%
5 Year	1 January 2020	6,10,000	906568.39	48.62%	8.25%
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

2.25%

Standard Deviation

0.58%

Beta

0.86%

Sharpe Ratio

0.13%

Treynor's Ratio

3.66%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
HDFC Bank	6.06%	877072	157.53	Equity	Banks
Reliance Industr	5.09%	1023562	132.26	Equity	Refineries
Infosys	4.12%	576724	107.15	Equity	IT - Software
ICICI Bank	4.00%	798751	103.85	Equity	Banks
M & M	3.29%	288527	85.58	Equity	Automobile
Bharti Airtel	2.53%	404521	65.82	Equity	Telecomm-Service
St Bk of India	2.29%	710331	59.59	Equity	Banks
Sun Pharma.Inds.	2.24%	326675	58.18	Equity	Pharmaceuticals
Bajaj Finance	2.05%	80944	53.23	Equity	Finance
Larsen & Toubro	1.86%	129985	48.42	Equity	Infrastructure Developers & Operators

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
AXIS Balanced Advantage Fund - Direct (G)	2599.22	-0.40%	-2.48%	4.62%	18.99%	13.60%
Quant Dynamic Asset Allocation Fund-Direct (G)	1341.13	-1.56%	-7.93%	-3.14%	21.64%	-
Quant Dynamic Asset Allocation Fund-Direct (IDCW)	1341.13	-1.56%	-7.93%	-3.14%	21.63%	-
AXIS Balanced Advantage Fund - Direct (G)	2599.22	-0.40%	-2.48%	4.62%	18.99%	13.60%
AXIS Balanced Advantage Fund - Direct (IDCW)	2599.22	-0.39%	-2.44%	4.69%	18.99%	13.61%
WhiteOak Capital Balanced Advantage Fund - Dir (G)	1272.64	0.05%	-0.79%	6.11%	18.69%	-

News

Axis MF announces change in Fund Manager of the following schemes

Axis Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 16 December 2024

Change in Fund Managers of the Schemes:

Scheme Name	Existing Fund Manager(s)	Proposed Fund Manager(s)
Axis Focused Fund	Mr. Sachin Relekar Mr. Hitesh Das Ms. Krishnaa N (For Foreign Securities)	Mr. Sachin Relekar Ms. Krishnaa N (For Foreign Securities)
Axis Flexi Cap Fund	Mr. Sachin Relekar Mr. Hitesh Das Ms. Krishnaa N (For Foreign Securities)	Mr. Sachin Relekar Ms. Krishnaa N (For Foreign Securities)
Axis Multicap Fund	Mr. Nitin Arora Mr. Shreyash Devalkar Mr. Hitesh Das Mr. Sachin Jain	Mr. Nitin Arora Mr. Shreyash Devalkar Mr. Hitesh Das
Axis Arbitrage Fund	Mr. Karthik Kumar Mr. Devang Shah Mr. Sachin Jain Mr. Ashish Naik	Mr. Karthik Kumar Mr. Devang Shah Mr. Sachin Jain
Axis Balanced Advantage Fund	Mr. Jayesh Sundar Mr. Ashish Naik Mr. Devang Shah Mr. Hardik Shah	Mr. Jayesh Sundar Mr. Devang Shah Mr. Hardik Shah
Axis Aggressive Hybrid Fund	Mr. Jayesh Sundar Mr. Ashish Naik Mr. Devang Shah Mr. Aditya Pagaria	Mr. Jayesh Sundar Mr. Devang Shah Mr. Aditya Pagaria Ms. Krishnaa N (For Foreign Securities)
Axis Multi Asset Allocation Fund	Mr. Jayesh Sundar Mr. Ashish Naik Mr. Devang Shah Mr. Hardik Shah Mr. Aditya Pagaria	Mr. Ashish Naik Mr. Devang Shah Mr. Hardik Shah Mr. Aditya Pagaria Ms. Krishnaa N (For Foreign Securities)
Axis Innovation Fund	Mr. Ashish Naik Mr. Mayank Hyanki Ms. Krishnaa N (For Foreign Securities)	Mr. Ashish Naik Ms. Krishnaa N (For Foreign Securities)
Axis ESG Integration Strategy Fund	Mr. Shreyash Devalkar Mr. Vishal Agarwal Mr. Hitesh Das Ms. Krishnaa N (For Foreign Securities)	Mr. Vishal Agarwal Mr. Hitesh Das Ms. Krishnaa N (For Foreign Securities)
Axis Quant Fund	Mr. Karthik Kumar Mr. Ashish Naik Ms. Krishnaa N (For Foreign Securities)	Mr. Karthik Kumar Ms. Krishnaa N (For Foreign Securities)
Axis Equity Savings Fund	Mr. Mayank Hyanki Mr. Hitesh Das Mr. Devang Shah Mr. Hardik Shah	Mr. Mayank Hyanki Mr. Devang Shah Mr. Hardik Shah Ms. Krishnaa N (For Foreign Securities)
Axis NIFTY 100 Index Fund	Mr. Ashish Naik Mr. Karthik Kumar	Mr. Karthik Kumar
Axis Children's Fund	Mr. Jayesh Sundar Mr. Ashish Naik Mr. Devang Shah Mr. Hardik Shah	Mr. Jayesh Sundar Mr. Devang Shah Mr. Hardik Shah Ms. Krishnaa N (For Foreign Securities)
Axis Retirement Fund - Aggressive Plan , and Dynamic Plan and Conservative Plan	Mr. Jayesh Sundar Mr. Nitin Arora Mr. Devang Shah Mr. Hardik Shah Ms. Krishnaa N (For Foreign Securities)	Mr. Jayesh Sundar Mr. Devang Shah Mr. Hardik Shah Ms. Krishnaa N (For Foreign Securities)
Axis Conservative Hybrid Fund	Mr. Devang Shah Mr. Sachin Jain Mr. Jayesh Sundar Mr. Ashish Naik Ms. Krishnaa N (For Foreign Securities)	Mr. Devang Shah Mr. Sachin Jain Mr. Jayesh Sundar Ms. Krishnaa N (For Foreign Securities)
Axis Value Fund	Mr. Nitin Arora Mr. Sachin Relekar Ms. Krishnaa N (For Foreign Securities)	Mr. Nitin Arora Ms. Krishnaa N (For Foreign Securities)
Axis NIFTY 50 Index Fund	Mr. Karthik Kumar Mr. Hitesh Das	Mr. Karthik Kumar
Axis NIFTY 50 ETF	Mr. Ashish Naik Mr. Karthik Kumar	Mr. Karthik Kumar
Axis NIFTY Next 50 Index Fund	Mr. Karthik Kumar Mr. Sachin Relekar	Mr. Karthik Kumar
Axis NIFTY Bank ETF	Mr. Karthik Kumar Mr. Ashish Naik	Mr. Karthik Kumar
Axis Nifty Smallcap 50 Index Fund	Mr. Karthik Kumar Mr. Mayank Hyanki	Mr. Karthik Kumar
Axis Nifty Midcap 50 Index Fund	Mr. Karthik Kumar Mr. Mayank Hyanki	Mr. Karthik Kumar
Axis NIFTY IT ETF	Mr. Karthik Kumar Mr. Hitesh Das	Mr. Karthik Kumar
Axis NIFTY Healthcare ETF	Mr. Karthik Kumar Mr. Shreyash Devalkar	Mr. Karthik Kumar
Axis Equity ETFs FoF	Mr. Karthik Kumar Mr. Shreyash Devalkar	Mr. Karthik Kumar
Axis NIFTY India Consumption ETF	Mr. Ashish Naik Mr. Karthik Kumar	Mr. Karthik Kumar
Axis Business Cycles Fund	Mr. Ashish Naik Mr. Mayank Hyanki	Mr. Ashish Naik
Axis BSE SENSEX ETF	Mr. Karthik Kumar Mr. Ashish Naik	Mr. Karthik Kumar
Axis Nifty IT Index Fund	Mr. Hitesh Das Mr. Karthik Kumar	Mr. Karthik Kumar
Axis BSE Sensex Index Fund	Mr. Karthik Kumar Mr. Ashish Naik	Mr. Karthik Kumar
Axis Nifty Bank Index Fund	Mr. Karthik Kumar Mr. Ashish Naik	Mr. Karthik Kumar
Axis Nifty 500 Index Fund	Mr. Karthik Kumar Mr. Sachin Relekar	Mr. Karthik Kumar
Axis Nifty500 Value 50 Index Fund	Mr. Karthik Kumar Mr. Hitesh Das	Mr. Karthik Kumar

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Axis Mutual Fund announces change in scheme name
Axis Mutual Fund has announced change in scheme name under the following scheme, With effect from 05 December 2024
Change in the name of the Scheme:

Existing Scheme name Revised Name

Axis CRISIL-IBX AAA NBFC Index ' Jun 2027 Fund Axis CRISIL-IBX AAA Bond NBFC ' Jun 2027 Index Fund

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Existing Scheme name	Revised Name
Axis CRISIL-IBX AAA NBFC Index ' Jun 2027 Fund	Axis CRISIL-IBX AAA Bond NBFC ' Jun 2027 Index Fund

Axis Mutual Fund launches Momentum fund
Axis Mutual Fund has launched the Axis Momentum Fund, a new open-ended equity scheme that aims to capitalize on the momentum investing strategy. The New Fund Offer (NFO) is open for subscription until 6 December 2024.
The fund seeks to generate long-term capital appreciation by investing in equity and equity-related securities exhibiting strong price momentum. It will be benchmarked against the NIFTY 500 TRI and managed by experienced fund managers Karthik Kumar and Mayank Hyanki.
The minimum investment amount is Rs 100, with subsequent investments in multiples of Rs 1. An exit load of 1% applies to redemptions within 12 months, excluding the first 10% of the investment.
Momentum investing, a globally recognized strategy, focuses on stocks with strong upward trends. Unlike value investing, it prioritizes price momentum over valuation metrics.
The Axis Momentum Fund employs a structured, model-based approach to select stocks with strong momentum. Historically, this strategy has outperformed benchmarks over the long term. Over the past 15 years, the strategy has outperformed its benchmark 12 times, with an average outperformance of 6.62%. On a three-year rolling return basis, it has delivered positive returns 96% of the time, with a significant edge over the benchmark in nearly 77% of instances in the last 11 years.
The fund aims to invest in a portfolio of high-performing stocks, actively managed to align with momentum trends. Up to 20% of the portfolio may be allocated outside the momentum theme based on market opportunities and strategic considerations.
The fund's active management approach enables the fund manager to control exposure to factors like sector/stock concentration, market cap skewness, liquidity risk, etc., within the portfolio. This helps manage volatility, which is traditionally higher in momentum strategies.
The fund selects stocks based on price momentum trends, optimizing the portfolio considering factors like composite rank, risk, and portfolio constraints. Stocks are screened for data availability, liquidity, and red flags before inclusion.
By incorporating a dynamic, rule-based approach, the fund actively manages risks, ensuring controlled volatility despite the inherent nature of momentum strategies.
For investors with the appropriate risk appetite and a long-term investment horizon, the Axis Momentum Fund offers an opportunity to capitalize on market trends and high-performing stocks. By combining robust data analysis with active management, the fund aims to provide consistent outperformance.
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Fund House Details & Investment Objective

Date of Incorporation

11 July 2017

Total AUM (Cr)

₹2599.22

AXIS Balanced Advantage Fund - Direct (G) is an Dynamic Asset Allocation or Balanced Advantage-oriented fund from the renowned AMC, Axis Mutual Fund. Launched in 11 July 2017, this fund is managed by Jayesh Sundar. With assets under management (AUM) worth ₹2,599.22 (Cr), as of 1 January 2025, AXIS Balanced Advantage Fund - Direct (G) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 11.50% since its launch.
The current NAV of AXIS Balanced Advantage Fund - Direct (G) is ₹22.49, as on 1 January 2025. The fund's benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index. You can invest in AXIS Balanced Advantage Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹100.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
If redeemed/swich out within 12 months from the date of allotment, - For 10% of investments : Nil - For remaining investments : 1% NIL - If redeemed/switch out after 12 months from the date of allotment. The fund has generated 13.60% and 13.67% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 67.62% in Equity, 31.63% in Debt and 0.72% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 32.26% in Debt, 14.48% in Banks, 13.51% in Cash & Others, 6.38% in IT-Software, 5.31% in Automobiles

FAQs

How to Invest in AXIS Balanced Advantage Fund - Direct (G) Direct Growth?

AXIS Balanced Advantage Fund - Direct (G) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 11.50% since inception. Looking to invest in AXIS Balanced Advantage Fund - Direct (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in AXIS Balanced Advantage Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, AXIS Balanced Advantage Fund - Direct (G)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in AXIS Balanced Advantage Fund - Direct (G) today and reap the benefits of this Dynamic Asset Allocation or Balanced Advantage fund!

How much returns has AXIS Balanced Advantage Fund - Direct (G) Direct Growth generated?

In the short term, i.e., 1 year, AXIS Balanced Advantage Fund - Direct (G) has generated annualised return of 18.99%. In the long-term, the fund has generated 13.60% and 13.67% in 3 and 5 years respectively. Since its inception, the fund has generated 11.50% returns.

What is the expense ratio of AXIS Balanced Advantage Fund - Direct (G) Direct Growth?

The expense ratio of AXIS Balanced Advantage Fund - Direct (G) Direct Growth is 0.81%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of AXIS Balanced Advantage Fund - Direct (G) Fund Direct Growth?

The Assets Under Management (AUM) of AXIS Balanced Advantage Fund - Direct (G) is ₹2,599.22 (Cr) as of 2025-01-01 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from AXIS Balanced Advantage Fund - Direct (G) Direct Growth?

Redeeming or selling units of AXIS Balanced Advantage Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from AXIS Balanced Advantage Fund - Direct (G):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case AXIS Balanced Advantage Fund - Direct (G)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).