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Axis Balanced Advantage Fund Regular IDCW

Hybrid
Dynamic Asset Allocation
Moderately High Risk
Payout
6.68%
3Y annualised
+0.97% 1D
1M
6M
1Y
3Y
All
NAV: 20 May 2022₹10.90
Min. SIP amountNA
Rating3
Fund size₹2,136.29Cr

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA5.6%6.7%6.4%
Category averageNA24.8%9.3%NA
Rank with in categoryNA1018NA
Understand terms

Holdings (94)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity5.4%
Karnataka State
OthersSDL4.9%
Reliance Industries Ltd.EnergyEquity4.3%
Infosys Ltd.TechnologyEquity3.7%
HDFC Bank Ltd.FinancialEquity3.1%
Bajaj Finance Ltd.FinancialEquity3.1%
GOI
SovereignGOI Sec2.4%
Housing Development Finance Corpn. Ltd.FinancialEquity2.4%
Avenue Supermarts Ltd.ServicesEquity2.3%
Kotak Mahindra Bank Ltd.FinancialEquity2.2%
See All

Expense ratio, exit load and tax

Expense ratio: 2.18%

Inclusive of GST

Exit load

For units in excess of 10% of the investment,1% will be charged for redemption within 12 months

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

R Sivakumar
Jul 2017 - Present
View details

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.
Also manages these schemes

Anupam Tiwari
Jul 2017 - Present
View details

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).
Also manages these schemes

Hardik Shah
Jan 2022 - Present
View details

Education
Mr. Shah has done B.E. Information Technology and MBA Finance.
Experience
Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
Launch Date
04 Sep 2009
Amc Image
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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FAQs

How to Invest in Axis Balanced Advantage Fund Regular IDCW?

You can easily invest in Axis Balanced Advantage Fund Regular IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Axis Balanced Advantage Fund Regular IDCW from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Axis Balanced Advantage Fund Regular IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Axis Balanced Advantage Fund Regular IDCW provide?

The Axis Balanced Advantage Fund Regular IDCW has been there from 01 Aug 2017 and the average annual returns provided by this fund is 5.56% since its inception.

How much expense ratio is charged by Axis Balanced Advantage Fund Regular IDCW?

The term Expense Ratio used for Axis Balanced Advantage Fund Regular IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Axis Balanced Advantage Fund Regular IDCW is 2.18% as of 23 May 2022...

What is the AUM of Axis Balanced Advantage Fund Regular IDCW?

The AUM, short for Assets Under Management of Axis Balanced Advantage Fund Regular IDCW is ₹2,136.29Cr as of 23 May 2022.

How to Redeem Axis Balanced Advantage Fund Regular IDCW?

If you want to sell your Axis Balanced Advantage Fund Regular IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Axis Balanced Advantage Fund Regular IDCW?

You can select either SIP or Lumpsum investment of Axis Balanced Advantage Fund Regular IDCW based on your investment objective and risk tolerance.

What is the NAV of Axis Balanced Advantage Fund Regular IDCW?

The NAV of Axis Balanced Advantage Fund Regular IDCW is ₹10.90 as of 20 May 2022.

What is the PE and PB ratio of Axis Balanced Advantage Fund Regular IDCW?

The PE ratio ratio of Axis Balanced Advantage Fund Regular IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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