Axis Balanced Advantage Fund - Regular Plan - IDCW
Category: Hybrid: Dynamic Asset Allocation
Launch Date: 25-07-2017
AUM:
₹ 2,808.1 Cr
Expense Ratio
1.98%
Benchmark
NIFTY 50 Hybrid Composite debt 50:50 Index
ISIN
INF846K01A60
Minimum Investment
100.0
Minimum Topup
100.0
Minimum SIP Amount
1000
Fund Manager
Devang Shah, Ashish Naik, Hardik Shah, Jayesh Sundar
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Axis Balanced Advantage Fund - Regular Plan - IDCW | 12.48 | 13.57 | 13.26 |
| Benchmark | - | - | - |
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
Overview
NAV
13.33
Last change
-0.01 (-0.075%)
Fund Size (AUM)
₹ 2,808.1 Cr
Performance
9.21% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
Investment Objective
The scheme seeks to generate capital appreciation by investing in a portfolio of equity or equity linked securities while the secondary objective is to generate income through investments in debt and money market instruments.
Fund Manager
Devang Shah, Ashish Naik, Hardik Shah, Jayesh Sundar
Riskometer
Very High
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| Net Receivables / (Payables) | 16.19 |
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 6.29 |
| RELIANCE INDUSTRIES LIMITED EQ | 5.83 |
| 7.34% Government of India (22/04/2064) | 5.38 |
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 4.83 |
| INFOSYS LIMITED EQ FV RS 5 | 3.76 |
| Clearing Corporation of India Ltd | 3.24 |
| MAHINDRA AND MAHINDRA LIMITED EQ NEW F.V. RS.5 | 2.8 |
| BAJAJ FINANCE LIMITED EQ NEW FV RS. 2/- | 2.64 |
| BHARTI AIRTEL LIMITED EQ NEW FV RS 5/- | 2.53 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| N/A | 30.98 |
| Financial Services | 22.6 |
| Oil, Gas & Consumable Fuels | 7.78 |
| Information Technology | 6.63 |
| Healthcare | 5.55 |
| Automobile and Auto Components | 5.29 |
| Fast Moving Consumer Goods | 3.97 |
| Capital Goods | 3.17 |
| Construction | 2.74 |
| Telecommunication | 2.69 |
Peer Comparison
| Scheme Name | 5Y (%) |
|---|---|
| Axis Balanced Advantage Reg IDCW | 13.26 |
| Axis Balanced Advantage Reg Gr | 13.91 |
| UTI Unit Linked Insurance | 12.14 |
| WhiteOak Capital Balanced Advantage Fund Reg Gr | 0.0 |
| DSP Dynamic Asset Allocation Reg Gr | 11.69 |
| ABSL Balanced Advtg Reg Gr | 15.47 |
| UTI Balanced Advantage Fund Reg Gr | 0.0 |
| Kotak Balanced Advtg Reg Gr | 14.35 |
| ICICI Pru Balanced Advtg Gr | 16.37 |
| Parag Parikh Dynamic Asset Allocation Reg Gr | 0.0 |