Axis Balanced Advantage Fund - Direct Plan - Growth

As on 21 May 2025

Axis Balanced Advantage Fund - Direct Plan - Growth

Q: What kind of returns does Axis Balanced Advantage Fund - Direct Plan - Growth provide?

Axis Balanced Advantage Fund - Direct Plan - Growth aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. Axis Balanced Advantage Fund - Direct Plan - Growth had a return of 13.93% over the past 1 year.

Q: How much expense ratio is charged by Axis Balanced Advantage Fund - Direct Plan - Growth?

The expense ratio for Axis Balanced Advantage Fund - Direct Plan - Growth, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 21 May 2025, the expense ratio charged by Axis Balanced Advantage Fund - Direct Plan - Growth is typically around 1.79 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of Axis Balanced Advantage Fund - Direct Plan - Growth?

As of 21 May 2025, the Assets Under Management (AUM) of Axis Balanced Advantage Fund - Direct Plan - Growth is approximately ₹2935.3631 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of Axis Balanced Advantage Fund - Direct Plan - Growth?

The Net Asset Value (NAV) of Axis Balanced Advantage Fund - Direct Plan - Growth is updated daily and reflects the per-unit value of the fund's assets. As of 21 May 2025 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of Axis Balanced Advantage Fund - Direct Plan - Growth?

The PE ratio for Axis Balanced Advantage Fund - Direct Plan - Growth is 24.47 and the PB ratio is 4.45. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of Axis Balanced Advantage Fund - Direct Plan - Growth?

The exit load for Axis Balanced Advantage Fund - Direct Plan - Growth is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Hybrid

NAV

₹ 23.14

CAGR (3 Years)

16.84%

AUM (Cr)

₹ 2,935.36

Risk

Very High Risk

About Axis Balanced Advantage Fund - Direct Plan - Growth

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 guara

Breakdown of this Fund

Aerospace & Defence

2.28%

Agro Chemicals

1.11%

Air Transport Service

0.06%

Alcoholic Beverages

1.07%

Auto Ancillaries

1.23%

Automobile

9.68%

Banks

32.14%

Capital Goods - Electrical Equipment

1.38%

Capital Goods-Non Electrical Equipment

2.09%

Cement

0.87%

Chemicals

2.20%

Consumer Durables

0.74%

Crude Oil & Natural Gas

1.10%

Debt Others

51.26%

Derivatives - Index

4.24%

Diamond, Gems and Jewellery

1.38%

E-Commerce/App based Aggregator

0.86%

Finance

7.31%

Financial Services

0.13%

FMCG

2.09%

Gas Distribution

0.22%

Govt. Securities

25.00%

Healthcare

2.55%

Hotels & Restaurants

0.03%

Infrastructure Developers & Operators

3.52%

Insurance

4.77%

IT - Software

13.31%

Mining & Mineral products

1.35%

Non Ferrous Metals

1.70%

Paints/Varnish

0.00%

Pharmaceuticals

8.62%

Plantation & Plantation Products

0.67%

Power Generation & Distribution

5.05%

Printing & Stationery

1.32%

Readymade Garments/ Apparells

0.00%

Realty

0.67%

Refineries

13.18%

Retail

1.25%

Steel

0.42%

T Bills

4.85%

Telecomm Equipment & Infra Services

0.03%

Telecomm-Service

5.32%

Textiles

1.04%

Tobacco Products

2.79%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

1.79

Exit Load

If redeemed/swich out within 12 months from the date of allotment, - For 10% of ...

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.