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AXIS Balanced Advantage Fund - Direct (IDCW)

Dynamic Asset Allocation or Balanced Advantage
Invest Now

  • NAV

    14.49(0.07%)

  • Fund Size (CR)

    ₹2,652.06

  • Expense Ratio

    0.83

  • Scheme Type

    Active Fund

  • Value Research

  • Min. investment

    ₹100

  • Minimum Additional Investment

    ₹100

  • Minimum SIP Investment

    ₹100

  • Minimum Withdrawal

    ₹1,000

  • Exit Load 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.

    0%

  • Return Since Launch

    10.48%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: -5.60%
Annualized Return: 0% [object Object]

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 onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 21 February 20259830.30-1.70%--2.11%30/145
1 Month28 January 20259803.64-1.96%--2.74%32/145
3 Month28 November 20249564.07-4.36%--6.32%26/145
6 Month28 August 20249564.07-4.36%--8.12%21/145
1 Year28 February 202410978.209.78%9.78%2.92%2/137
3 Year28 February 202214352.9343.53%12.79%10.30%8/107
5 Year28 February 202018238.1482.38%12.76%11.53%25/87
Since Inception1 August 201721294.30112.94%10.48%9.37%56/145

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 April 20241,20,000174143.7145.12% 45.12%
3 Year1 April 20223,60,000585112.4962.53% 17.57%
5 Year1 April 20206,00,0001007842.0067.97% 10.93%
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

2.26%

Standard Deviation

0.58%

Beta

0.83%

Sharpe Ratio

0.08%

Treynor's Ratio

4.22%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
Reliance Industr5.86%1228062155.36EquityRefineries
HDFC Bank5.62%877072148.99EquityBanks
Infosys4.25%600028112.79EquityIT - Software
ICICI Bank4.17%882751110.59EquityBanks
M & M3.32%29447788.04EquityAutomobile
St Bk of India2.65%90983170.32EquityBanks
Bharti Airtel2.48%40452165.79EquityTelecomm-Service
Bajaj Finance2.47%8294465.40EquityFinance
Sun Pharma.Inds.2.15%32667556.97EquityPharmaceuticals
Larsen & Toubro1.77%13193547.07EquityInfrastructure Developers & Operators

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
AXIS Balanced Advantage Fund - Direct (IDCW)
2652.06-1.96%-4.36%-4.36%9.78%12.79%
AXIS Balanced Advantage Fund - Direct (G)
2652.06-1.92%-4.38%-4.33%9.79%12.81%
AXIS Balanced Advantage Fund - Direct (IDCW)
2652.06-1.96%-4.36%-4.36%9.78%12.79%
DSP Dynamic Asset Allocation Fund -Dir (G)
3185.69-1.39%-2.70%-2.48%9.78%10.77%
DSP Dynamic Asset Allocation Fund -Dir (IDCW-M)
3185.69-1.39%-3.00%-2.47%9.41%10.77%
WhiteOak Capital Balanced Advantage Fund - Dir (G)
1327.52-2.31%-5.37%-4.64%8.80%-

News

  • Axis MF announces Income Distribution cum capital withdrawal (IDCW) under Four schemes

    Axis Mutual Fund has announced 25 February 2025 as the record date for the declaration of Income Distribution cum capital withdrawal (IDCW) on the face value of Rs 10 per unit under the following schemes. The amount of IDCW (Rs per unit) will be:

    Axis Arbitrage Fund - Regular Plan - Monthly IDCW Option: 0.05

    Axis Arbitrage Fund - Direct Plan - Monthly IDCW Option: 0.05

    Axis Equity Savings Fund - Regular Plan - Monthly IDCW Option: 0.09

    Axis Equity Savings Fund - Direct Plan - Monthly IDCW Option: 0.09

    Axis Aggressive Hybrid Fund - Regular Plan - Monthly IDCW Option: 0.10

    Axis Aggressive Hybrid Fund - Direct Plan - Monthly IDCW Option: 0.10

    Axis Multi Asset Allocation Fund - Regular Plan - Monthly IDCW Option: 0.15

    Axis Multi Asset Allocation Fund - Direct Plan - Monthly IDCW Option: 0.15

    Powered by Capital Market - Live News

  • Axis Mutual Fund announces change in Exit Load Structure

    Axis Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 20 February 2025

    Change in Exit Load:

    Name of the Scheme Existing Exit Load Structure Revised Exit Load Structure
    Axis Income Advantage Fund of Funds : ' If redeemed / switched-out within 3 months from the date of allotment: - For 10% of investment: Nil. For remaining investment: 0.5%.
    ' If redeemed/switched out after 3 months from the date of allotment: Nil     		Nil

    Powered by Capital Market - Live News

  • Axis MF announces change in Fund Manager of the following schemes

    Axis Mutual Fund has announced change in Fund Manager of the following schemes with effect from: 01 February, 2025

    Change in Fund Manager of the Scheme:

    Scheme Name Existing Fund Manager(s) Proposed Fund Manager
    Axis Gold ETF Mr. Aditya Pagaria Mr. Aditya Pagaria,
    Mr. Pratik Tibrewal
    Axis Silver ETF Mr. Aditya Pagaria Mr. Aditya Pagaria,
    Mr. Pratik Tibrewal
    Axis Multi Asset Allocation Fund Mr. Ashish Naik,
    Mr. Devang Shah,
    Mr. Hardik Shah,
    Mr. Aditya Pagaria,
    Ms. Krishnaa N (For Foreign Securities)     		Mr. Ashish Naik,
    Mr. Devang Shah,
    Mr. Hardik Shah, Mr. Aditya Pagaria,
    Mr. Pratik Tibrewal,
    Ms. Krishnaa N (For Foreign Securities)
    Axis Gold Fund Mr. Aditya Pagaria Mr. Aditya Pagaria,
    Mr. Pratik Tibrewal
    Axis Silver Fund of Fund Mr. Aditya Pagaria Mr. Aditya Pagaria,
    Mr. Pratik Tibrewal

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

Date of Incorporation

11 July 2017

Total AUM (Cr)

₹2652.06

AXIS Balanced Advantage Fund - Direct (IDCW) 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 ₹2,652.06 (Cr), as of 3 March 2025, AXIS Balanced Advantage Fund - Direct (IDCW) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 10.48% since its launch.
The current NAV of AXIS Balanced Advantage Fund - Direct (IDCW) is ₹14.49, as on 3 March 2025. The fund's benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index. You can invest in AXIS Balanced Advantage Fund - Direct (IDCW) 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 12.79% and 12.76% 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 67.38% in Equity, 28.47% in Debt and 4.16% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 28.47% in Debt, 18.53% in Cash & Others, 14.42% in Banks, 6.46% in Petroleum Products, 6.16% in IT-Software

FAQs

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

AXIS Balanced Advantage Fund - Direct (IDCW) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 10.48% since inception. Looking to invest in AXIS Balanced Advantage Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in AXIS Balanced Advantage Fund - Direct (IDCW) 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 (IDCW)
  • 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 (IDCW) today and reap the benefits of this Dynamic Asset Allocation or Balanced Advantage fund!

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

In the short term, i.e., 1 year, AXIS Balanced Advantage Fund - Direct (IDCW) has generated annualised return of 9.78%. In the long-term, the fund has generated 12.79% and 12.76% in 3 and 5 years respectively. Since its inception, the fund has generated 10.48% returns.

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

The expense ratio of AXIS Balanced Advantage Fund - Direct (IDCW) Direct Growth is 0.83%. 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 (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of AXIS Balanced Advantage Fund - Direct (IDCW) is ₹2,652.06 (Cr) as of 2025-03-03 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 (IDCW) Direct Growth?

Redeeming or selling units of AXIS Balanced Advantage Fund - Direct (IDCW) 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 (IDCW):
  • 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 (IDCW)).
  • 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).
Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.