Axis Balanced Advantage Fund Regular Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
7.60%
3Y annualised
-0.07% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Feb 2023₹14.17
Min. SIP amountNot Supported
Rating2
Fund size₹2,259.65Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns-0.9%7.6%6.2%6.5%
Category average1.6%8.5%5.8%NA
Rank with in category201610NA
Understand terms

Holdings (68)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity6.6%
HDFC Bank Ltd.FinancialEquity6.1%
Infosys Ltd.TechnologyEquity5.5%
Ambuja Cements Ltd.ConstructionEquity3.9%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture3.5%
Mahindra & Mahindra Ltd.AutomobileEquity3.5%
Bajaj Finance Ltd.FinancialEquity3.4%
Power Finance Corporation Ltd.FinancialDebenture3.3%
Reliance Industries Ltd.EnergyEquity3.2%
Reserve Bank of India
FinancialT-Bills3.1%
See All

Expense ratio, exit load and tax

Expense ratio: 2.05%

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 investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

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
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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