Axis Balanced Advantage Fund Direct Growth NAV today
AMFI: 141642ISIN: INF846K01A29MUTF_IN: AXIS_BALA_ADVA_1CQM4S5Axis Mutual FundDynamic Asset Allocation or Balanced Advantage funds
Formerly Axis Dynamic Equity Fund
NAV ₹23.4200down ₹0.08 (0.34%)
NAV for 22 Oct 2026, against 21 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹3,654 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 1.00%14 Oct 2026
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 23.230 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 15530 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 1 Aug 2017
Axis Balanced Advantage Fund returns
Direct Growth plan
Over each window to 22 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | −1.31% | – | – | – | – |
| 1 month | −2.34% | – | 6 of 37 | −3.22% | −3.9% to −2.5% |
| 3 months | −2.86% | – | 14 of 37 | −3.22% | −3.9% to −2.3% |
| 6 months | −2.01% | – | 20 of 37 | −1.94% | −3.3% to −0.6% |
| 1 year | −2.16% | −2.65%to 30 Sep 2026 | 17 of 36 | −2.33% | −4.9% to −1.1% |
| 3 years | +10.61% | +6.04%to 30 Sep 2026 | 5 of 30 | +8.50% | +7.1% to +9.8% |
| 5 years | +8.81% | +5.96%to 30 Sep 2026 | 7 of 22 | +8.09% | +6.8% to +9.2% |
| 10 years | Needs 10 years | – | – | +9.60% | +7.9% to +10.5% |
₹10,000 put in on 7 Aug 2017 is ₹23,257 at the NAV of 22 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index, over the same days as the fund, or to the month end its cell names. Rank, median and middle half among the Direct plans of Dynamic Asset Allocation or Balanced Advantage funds, each fund's return to its latest NAV on or before 22 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | +1.46% | −2.65% |
| 3 years | +10.91% | +6.04% |
| 5 years | +9.15% | +5.96% |
| Since launch | +9.79% | +8.81% |
Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
Highest year to Dec 2023, +21.5%; lowest year to Dec 2022, +0.9%
Rolling returns
Per cent a year, every window from 7 Aug 2017 to 22 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year2,028 windows−9.5%+10.9%+34.1%94.1%
3 years1,540 windows+4.4%+12.0%+17.9%100.0%
5 years1,043 windows+7.5%+11.7%+17.1%100.0%
10 yearsLaunched 1 Aug 2017, needs 11 years of history
Every 3 and 5-year window ended higher than it started.
Axis Balanced Advantage Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 22 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,17,803₹1,17,797 after stamp duty | −3.54% | −3.55% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,81,893₹3,81,874 after stamp duty | +3.94% | +3.93% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹7,43,498₹7,43,461 after stamp duty | +8.59% | +8.59% | ₹30 | |
| Since Aug 2017110 instalments | ₹11,00,000 | ₹17,55,803₹17,55,751 after stamp duty | +9.95% | +9.95% | ₹38 |
10 years: Launched 1 Aug 2017, needs 10 years of history.
Risk ratios
NAV to 22 Oct 2026
Each bar runs from the lowest to the highest figure among the Direct plans of Dynamic Asset Allocation or Balanced Advantage funds (30 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.8.98%
6.92%Lowest9.61%Average16.41%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.5.24%
3.75%Lowest6.01%Average10.75%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.55
−0.17Lowest0.33Average0.57Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.0.82
−0.21Lowest0.48Average0.85Highest
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 and 3 years | −7.82% | 2 Jan 2026 | 30 Mar 2026 | 3 Aug 2026 |
| 5 years | −9.64% | 17 Jan 2022 | 17 Jun 2022 | 15 Nov 2022 |
| Since Aug 2017 | −17.16% | 12 Feb 2020 | 23 Mar 2020 | 9 Oct 2020 |
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 23.0% in Apr 2026
Axis Balanced Advantage Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Yield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | ||||
|---|---|---|---|---|---|---|---|
| ICICI BankBanks | Shares | Large cap5th | 5.81% | 212.14 | 16,05,062 | – | Sep 2018 |
| HDFC BankBanks | Shares | Large cap2nd | 5.65% | 206.14 | 29,08,646 | – | Sep 2019 |
| Reliance IndustriesPetroleum Products | Shares | Large cap1st | 4.43% | 161.87 | 13,63,657 | – | Sep 2017or earlier |
| State Bank of IndiaBanks | Shares | Large cap4th | 3.26% | 118.86 | 12,38,820 | – | May 2021 |
| Kotak Mahindra BankBanks | Shares | Large cap16th | 2.39% | 87.35 | 20,94,719 | – | Oct 2024 |
| Bharti AirtelTelecom - Services | Shares | Large cap3rd | 2.38% | 86.88 | 4,94,498 | – | Nov 2022 |
| Larsen & ToubroConstruction | Shares | Large cap8th | 2.20% | 80.49 | 2,14,070 | – | Jul 2021 |
| InfosysIT - Software | Shares | Large cap9th | 2.20% | 80.36 | 8,08,320 | – | Dec 2017 |
| Mahindra & MahindraAutomobiles | Shares | Large cap14th | 2.01% | 73.49 | 2,49,129 | – | Jul 2020 |
| Apollo Hospitals EnterpriseHealthcare Services | Shares | Large cap97th | 1.83% | 66.79 | 81,790 | – | Apr 2024 |
| Cholamandalam Investment and Finance Company Ltd (27/02/2029) (FRN)ICRA AA+, repaid 27 Feb 2029 | Bonds and bills | 1.78% | 65.02 | 6,500 | 8.88% | May 2026 | |
| NTPCPower | Shares | Large cap20th | 1.56% | 57.06 | 17,67,833 | – | Nov 2023 |
| Axis BankBanks | Shares | Large cap15th | 1.53% | 55.91 | 4,56,012 | – | Feb 2026 |
| EternalRetailing | Shares | Large cap37th | 1.51% | 55.29 | 17,27,891 | – | Jan 2026 |
| 7.61% Government of India (09/05/2030)Sovereign, 7.61% coupon, repaid 9 May 2030 | Bonds and bills | 1.40% | 51.00 | 50,00,000 | 7.09% | Mar 2026 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Futures and options on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | |||
|---|---|---|---|
| State Bank of India October 2026 Future | −1.62% | −59.27 | −6,12,750 |
| ICICI Bank Limited October 2026 Future | −1.11% | −40.65 | −3,05,900 |
| Apollo Hospitals Enterprise Limited October 2026 Future | −0.98% | −35.66 | −43,875 |
| Reliance Industries Limited October 2026 Future | −0.76% | −27.65 | −2,32,000 |
| NTPC Limited October 2026 Future | −0.60% | −21.92 | −6,82,500 |
| TVS Motor Company Limited October 2026 Future | −0.54% | −19.80 | −47,775 |
| HDFC Bank Limited October 2026 Future | −0.52% | −18.93 | −2,64,550 |
| Infosys Limited October 2026 Future | −0.48% | −17.61 | −1,75,600 |
| Larsen & Toubro Limited October 2026 Future | −0.45% | −16.46 | −43,750 |
| CG Power and Industrial Solutions Limited October 2026 Future | −0.44% | −16.10 | −1,87,000 |
| SBI Life Insurance Company Limited October 2026 Future | −0.44% | −15.90 | −93,750 |
| Mahindra & Mahindra Limited October 2026 Future | −0.42% | −15.17 | −51,400 |
| Tata Steel Limited October 2026 Future | −0.37% | −13.41 | −7,20,500 |
| Bharat Petroleum Corporation Limited October 2026 Future | −0.36% | −13.29 | −4,36,475 |
| Titan Company Limited October 2026 Future | −0.35% | −12.63 | −27,300 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| Net Receivables / (Payables) | 14.35% | 523.84 |
| Clearing Corporation of India Ltd | 1.03% | 37.60 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 5.81%ICICI Bank
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 21.54%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 32.16%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 54.8Taken over 97.97% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares72.95%
- Bonds and bills22.85%
- REIT and InvIT units2.17%
- Cash and receivables2.03%
- Futures and options, netFutures and options, net. The value of the shares or bonds the fund's contracts are written on, as a share of its net assets, a sold contract counted as a minus: a hedged fund's sold futures offset the shares it holds.−13.35%
- Futures and options, grossFutures and options, gross. The value the fund's contracts are written on, as a share of its net assets, counting each contract as a plus whichever way it faces.13.38%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap79.87%Category 68.10%
- Mid cap12.55%Category 16.88%
- Small cap7.24%Category 13.11%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Shares not on the list: 0.25% of the fund. Category is the average of 38 Dynamic Asset Allocation or Balanced Advantage funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.17sectors
- Financial Services21.02%Category 19.92%
- Healthcare4.53%Category 5.93%
- Automobile And Auto Components4.48%Category 4.63%
- Consumer Services4.11%Category 3.61%
- Fast Moving Consumer Goods4.01%Category 3.14%
- Oil Gas & Consumable Fuels3.80%Category 3.68%
- Information Technology3.05%Category 3.54%
- Capital Goods2.83%Category 4.42%
- Telecommunication2.77%Category 2.53%
- Consumer Durables2.31%Category 1.74%
- Construction1.75%Category 1.64%
- Power1.60%Category 1.51%
- Services1.12%Category 1.51%
- Realty0.87%Category 0.58%
- Chemicals0.62%Category 1.38%
- Construction Materials0.44%Category 0.88%
- Metals & Mining0.29%Category 1.91%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 38 Dynamic Asset Allocation or Balanced Advantage funds. Category average. The sector's weight, less the futures sold on it, averaged over the 38 Dynamic Asset Allocation or Balanced Advantage funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Services21 companies | 21.02% | 20.77% | 20.02% | 19.71% | 17.76% | 18.46% | 16.70% | 17.67% | 17.91% | 17.02% | 16.91% | 17.28% | |
| Healthcare11 companies | 4.53% | 5.21% | 5.00% | 4.89% | 4.78% | 4.57% | 4.43% | 4.30% | 3.89% | 4.27% | 4.17% | 4.16% | |
| Automobile And Auto Components14 companies | 4.48% | 5.24% | 5.23% | 4.48% | 4.94% | 4.58% | 3.47% | 3.99% | 4.02% | 3.97% | 3.93% | 3.58% | |
| Consumer Services7 companies | 4.11% | 3.74% | 3.49% | 3.02% | 2.64% | 2.39% | 1.13% | 0.69% | 0.57% | 0.47% | 0.64% | 0.68% | |
| Fast Moving Consumer Goods7 companies | 4.01% | 3.87% | 3.71% | 3.77% | 4.21% | 4.54% | 4.24% | 4.40% | 4.28% | 4.81% | 4.69% | 4.77% | |
| Oil Gas & Consumable Fuels4 companies | 3.80% | 3.89% | 3.85% | 3.85% | 3.84% | 4.14% | 4.80% | 4.67% | 4.92% | 5.52% | 5.31% | 5.27% | |
| Information Technology6 companies | 3.05% | 3.67% | 3.81% | 3.03% | 5.01% | 4.71% | 5.29% | 4.57% | 5.85% | 5.56% | 5.49% | 5.18% | |
| Capital Goods12 companies | 2.83% | 2.77% | 2.28% | 2.20% | 2.13% | 2.55% | 2.34% | 2.82% | 2.91% | 3.11% | 3.62% | 4.28% | |
| Telecommunication2 companies | 2.77% | 2.69% | 2.55% | 2.28% | 2.24% | 1.92% | 1.92% | 1.80% | 1.86% | 1.97% | 1.97% | 1.97% | |
| Consumer Durables8 companies | 2.31% | 2.41% | 2.21% | 1.91% | 1.81% | 1.67% | 2.00% | 2.23% | 2.03% | 2.10% | 2.15% | 1.75% | |
| Construction1 company | 1.75% | 1.89% | 1.64% | 2.11% | 2.10% | 2.27% | 2.05% | 2.87% | 2.59% | 2.66% | 2.66% | 2.67% | |
| Power2 companies | 1.60% | 1.70% | 2.23% | 2.21% | 2.44% | 2.52% | 2.62% | 2.44% | 2.17% | 2.02% | 2.03% | 2.15% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
- Yield to maturityYield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each.
- 7.97%Lines stating a yield: 95.69% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio.
- 6.90%Direct plan
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over.
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window.
- None
The bond book is the fund's bonds, bills and overnight lending.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared.Loans of over a year
- Sovereign5.46%
- AAA7.63%
- AA9.75%
Loans of under a year
- A1+0.01%
Other
- Overnight lending1.03%
Per cent of the fund's net assets. A grade is stated for 100.00% of the bonds.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off.- Up to 1 month2.26%
- 1 to 3 months1.09%
- 3 to 6 months0.14%
- 6 to 12 months1.23%
- 1 to 3 years11.14%
- 3 to 5 years3.48%
- 5 to 10 years4.40%
- Over 10 years0.15%
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
- Largest borrowerLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 3.18%Muthoot Finance Limited
- Top 5 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 9.75%
- Top 10 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 14.30%
Per cent of the fund's net assets. Lent outside the government: 17.39% of the fund, to 22 borrowers; the borrower is named for 100.00% of it, its group for 23.84%.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 5715.74% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 6314.74% of the fund before
- MaturedMatured. Bonds and deposits whose repayment date fell between the two portfolios, so they were repaid rather than sold. One sold in its last days reads the same.
- 2
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 20
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 19
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 110
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 14.74%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 19.95%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| 7.97% Mankind Pharma Limited (16/11/2027) | New | 1.37% | 0.00% | +1.37 pts | +5,000 |
| Sun Pharmaceutical Industries | Trimmed | 1.19% | 1.90% | −0.70 pts | −1,26,350 |
| Small Industries Dev Bank of India (11/08/2027) | Sold out | – | 0.61% | −0.61 pts | −500 |
| Grasim Industries | Sold out | – | 0.58% | −0.58 pts | −66,000 |
| Cholamandalam Investment and Finance Company | Added | 0.57% | 0.00% | +0.57 pts | +1,27,877 |
| Cholamandalam Investment and Finance Company Ltd (CCD) | Matured | – | 0.56% | −0.56 pts | – |
| 7.61% Government of India (09/05/2030) | Trimmed | 1.40% | 1.75% | −0.36 pts | −15,00,000 |
| The Indian Hotels Company | Added | 1.02% | 0.73% | +0.29 pts | +1,32,648 |
| State Bank of India | Trimmed | 3.26% | 3.53% | −0.27 pts | −38,004 |
| Mahindra & Mahindra | Trimmed | 2.01% | 2.29% | −0.27 pts | −18,000 |
| HDFC Bank | Trimmed | 5.65% | 5.38% | +0.27 pts | −650 |
| Solar Industries India | New | 0.25% | 0.00% | +0.25 pts | +4,620 |
| Dr. Reddy's Laboratories | New | 0.23% | 0.00% | +0.23 pts | +69,019 |
| Kirloskar Oil Engines | New | 0.22% | 0.00% | +0.22 pts | +34,921 |
| Hero MotoCorp | Trimmed | 0.01% | 0.21% | −0.20 pts | −13,950 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points. Securities only: 103 futures, options and cash lines that changed are not listed.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| Nippon India Balanced Advantage FundNippon India Mutual Fund | 48.86% | 47 |
| ICICI Prudential Balanced Advantage FundICICI Prudential Mutual Fund | 46.18% | 70 |
| Canara Robeco Balanced Advantage FundCanara Robeco Mutual Fund | 44.96% | 39 |
| Edelweiss Balanced Advantage FundEdelweiss Mutual Fund | 44.41% | 56 |
| PGIM India Balanced Advantage FundPGIM India Mutual Fund | 43.29% | 44 |
| HDFC Balanced Advantage FundHDFC Mutual Fund | 42.57% | 66 |
| UTI Balanced Advantage FundUTI Mutual Fund | 40.84% | 35 |
| Kotak Balanced Advantage FundKotak Mahindra Mutual Fund | 40.00% | 66 |
| Bajaj Finserv Balanced Advantage FundBajaj Finserv Mutual Fund | 38.62% | 29 |
| Shriram Balanced Advantage FundShriram Mutual Fund | 38.33% | 37 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | |
|---|---|
| Axis Aggressive Hybrid FundAxis Mutual Fund | 60.48% |
| Axis Equity Savings FundAxis Mutual Fund | 44.79% |
| Axis Multi Asset Allocation FundAxis Mutual Fund | 42.82% |
| Axis Arbitrage FundAxis Mutual Fund | 32.47% |
| Axis Conservative Hybrid FundAxis Mutual Fund | 18.03% |
As the fund house states it, for Sep 2026.
Axis Balanced Advantage Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 1.15 ptsA year, on 14 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 1.05%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 2.15%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.07%, Sep 2026.Direct plan lowest 0.59%, Apr 2026.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.66% | 1.64% |
| Brokerage | 0.06% | 0.06% |
| Transaction costs | None | None |
| Statutory levies | 0.28% | 0.45% |
Per cent of assets a year, filed for 14 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
If redeemed / switched-out within 12 months from the date of allotment For 10% of investments: Nil FIFO basis,for remaining investments: 1% w.e.f., 25/09/2017
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹100
- Minimum top-up
- ₹100
- SIP
- Accepted
- SIP dates
- Except 29,30 and 31 all dates
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
As listed for this plan on 23 Oct 2026.
Axis Balanced Advantage Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹3,812 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 8.3%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
The latest quarter is the largest since the quarter to Sep 2017.
Assets at each month end
Highest ₹3,851 Cr, Jul 2026.Lowest ₹1,309 Cr, Jan 2021.
Axis Balanced Advantage Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Jayesh SundarComanage/Domestic Equities | Sep 2023 | +11.15%a year | – | – | 31.6% | 17.6% | 9 | ₹38,825 Cr |
| Devang ShahComanage/Fixed Income | Apr 2024 | +7.26%a year | – | – | 21.1% | 36.5% | 23 | ₹1,20,091 Cr |
| Hardik ShahComanage/Fixed Income | Jan 2022 | +10.08%a year | – | – | 27.6% | 15.5% | 16 | ₹38,904 Cr₹337 Cr alone |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| Axis Large Cap FundJayesh Sundar | Nov 2024 | +1.13%a year | – | – | ₹29,326 Cr |
| Axis Consumption FundJayesh Sundar | Jul 2026 | −5.05%over 105 days | −5.96% | +0.91 pts | ₹2,375 Cr |
| Axis Aggressive Hybrid FundJayesh Sundar | Sep 2023 | +9.00%a year | – | – | ₹1,408 Cr |
| Axis Children's FundJayesh Sundar | Sep 2023 | +8.02%a year | – | – | ₹864 Cr |
| Axis Retirement Fund - AggressiveJayesh Sundar | Jan 2024 | +7.80%a year | – | – | ₹666 Cr |
| Axis Retirement Fund - DynamicJayesh Sundar | Jan 2024 | +8.33%a year | – | – | ₹269 Cr |
| Axis Conservative Hybrid FundJayesh Sundar | Sep 2023 | +6.24%a year | – | – | ₹217 Cr |
| Axis Retirement Fund - ConservativeJayesh Sundar | Jan 2024 | +4.86%a year | – | – | ₹45 Cr |
| Axis Liquid FundDevang Shah | Nov 2012 | – | – | – | ₹53,459 Cr |
| Axis Money Market FundDevang Shah | Aug 2019 | +6.45%a year | – | – | ₹19,004 Cr |
Up to ten funds a manager, largest first. Returns are the direct plan's.
Axis Balanced Advantage Fund dividend history
Paid through the IDCW (income distribution cum capital withdrawal) option, once called a dividend.
Changes to the fund
Newest first.
2026
- 2 JunExpenseBase expense ratio, direct plan: 0.57% to 0.67%+0.10 ptsExpense ratio change. The plan's typical expense ratio (the middle of its daily figures) in the month the change took effect, against the month before, in percentage points.
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Jun 2022 to Aug 202651 months | Very High | HighNIFTY 50 Hybrid Composite Debt 50:50 Index |
| Apr 2022 to May 20222 months | Moderately High | HighNIFTY 50 Hybrid Composite Debt 50:50 Index |
| Nov 2021 to Mar 20225 months | High | HighNIFTY 50 Hybrid Composite Debt 50:50 Index |
| Oct 20211 month | High | Moderately HighNIFTY 50 Hybrid Composite Debt 50:50 Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Fund details
Objective
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. There is no assurance that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Asset allocation
Equity and Equity related securities - (0%-100%),Debt & Money Market Instruments - (0%-100%),Units issued by InvITs - (0%-10%)
Type of scheme
An open ended dynamic asset allocation fund investing in debt and equity instruments only.
- Stated category
- To achieve the dual objective of capital appreciation by investing in a portfolio of equity related instruments and generating income through investments in debt and money market instruments. It also aims to manage risk through active asset allocation. There is no assurance that the investment objective of the Scheme will be achieved.
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- NIFTY 50 Hybrid Composite Debt 50:50 Index
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- High
- New fund offer
- 11 Jul 2017 to 25 Jul 2017
- Units first allotted
- 1 Aug 2017
- Open for sale again
- 7 Aug 2017
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 141642 | INF846K01A29 | AXIS_BALA_ADVA_1CQM4S5 | 7 Aug 2017 | |
| Regular Growth | 141644 | INF846K01A52 | AXIS_BALA_ADVA_VPTIIE | 7 Aug 2017 | |
| Direct IDCW | 141643 | INF846K01A37 | INF846K01A45 | AXIS_BALA_ADVA_1RHGWCH | 7 Aug 2017 |
| Regular IDCW | 141645 | INF846K01A60 | INF846K01A78 | AXIS_BALA_ADVA_3DHFRI | 7 Aug 2017 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Axis Fund Factsheet September - 2026 (opens in a new tab)Axis Mutual Fund, Sep 2026
Statement of additional information
- SAI Axis Mutual Fund (opens in a new tab)Axis Mutual Fund, Oct 2026
Annual report
- Axis Mutual Fund Annual Report FY 2025-26 (opens in a new tab)Axis Mutual Fund, Mar 2026
- Abridged Financial 2025-26 - Set 1-Debt (opens in a new tab)Axis Mutual Fund, Mar 2026
- Abridged Financial 2025-26 - Set 2 Equity (opens in a new tab)Axis Mutual Fund, Mar 2026
- Abridged Financial 2025-26 - Set 4 Close ended (opens in a new tab)Axis Mutual Fund, Mar 2026
Riskometer disclosure
- Pursuant to SEBI circular - Riskometer FY 2025-26 (opens in a new tab)Axis Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap 30 Sep 2026 (opens in a new tab)Axis Mutual Fund, Sep 2026