Axis Balanced Advantage Fund Regular-Growth
Hybrid
Dynamic Asset Allocation
₹0.47% 1D
NAV on
Fund Summary
Ionic Wealth AI
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Fund Overview
- Rating
4 - Minimum Investment₹100
- NAV (Net Asset Value)₹N/A
- AUM (Fund size)₹3815 Cr
- Created on2 Aug 2017
Fund Ranking
#5
/ 31 in Dynamic Asset Allocation
Risk Level
Very High
Returns
Trailing Return
Rolling Return
- 6 Month0.3%
- 1 Year2.6%
- 3 Year (CAGR)11.4%
- All Time (CAGR)8.9%
Category Return
- 6 Month0.6%
- 1 Year1.2%
- 3 Year (CAGR)9.4%
- All Time (CAGR)-
Asset Allocation
- Equity57.6%
- Debt25.5%
- Real Estate1.1%
- Other15.8%
Top 5 Holdings
Top 5 Sectors
- Apollo Hospitals Enterprise1.76%
- Apollo Hospitals Enterprise-0.00%
- Asian Paints0.56%
- Bajaj Finance0.56%
- Bajaj Finance1.12%
Fund Information
- Expense Ratio2.13%
- Exit LoadExit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
- Lock-In PeriodNo Lock-In
Managed By
Devang Shah
April 2024 - Present
Ashish Naik
March 2023 - Present
Hardik Shah
Jan 2022 - Present
Jayesh Sundar
Sep 2023 - Present
Risk & Return Ratio
- Sharpe Ratio
Sharpe Ratio evaluates a fund's return relative to its risk. Higher values signify better risk-adjusted performance. 0.66 - Standard Deviation
Standard deviation measures the volatility of a fund's returns. The higher the value, the riskier the investment. 8.59 - Alpha
Alpha in mutual funds measures excess return relative to a benchmark, indicating a manager's skill at generating returns beyond market performance. 0.00 - Beta
Beta in mutual funds indicates a fund's sensitivity to market changes. A beta over 1 means it's more volatile than the market, while below 1 implies less volatility. 1.12