Axis Balanced Advantage Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 25.93 | 12.91 | 10.61 | N/A |
Average Rolling Returns(%) | 9.17 | 9.28 | 8.12 | N/A |
The Current NAV of Axis Balanced Advantage Fund - Regular Plan - Growth is ₹18.20.
You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark NIFTY 50 , as Funds portfolio is somewhat different.
Axis Balanced Advantage Fund - Regular Plan - Growth fund’s expense ratio is 2.08%
The process for redemption is
The AUM of Axis Balanced Advantage Fund - Regular Plan - Growth is currently ₹2,124 Crores.
The Top three stocks are ICICI Bank, Reliance Industries and HDFC Bank and account for 15% of its portfolio. Top 5 and 10 stocks of fund account for 21% and 33% of fund’s portfolio respectively.
Top three sectors of Axis Balanced Advantage Fund - Regular Plan - Growth fund are Others, BFSI and Auto accounting for 61% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Balanced Advantage it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Axis Balanced Advantage Fund - Regular Plan - Growth Fund is Hybrid - Balanced Advantage.
Jayesh Sundar and Ashish Naik manage the Axis Balanced Advantage Fund - Regular Plan - Growth Fund.
Axis Balanced Advantage Fund - Regular Plan - Growth current PE ratio is 41.89 and PB ratio is 6.54
The asset allocation of Axis Balanced Advantage Fund - Regular Plan - Growth is Stocks : 64.97%, Debt : 35.89% and Gold : -0.82%
The minimum SIP amount for Axis Balanced Advantage Fund - Regular Plan - Growth is ₹100.00 and minimum lumpsum is ₹100.00
The exit load for Axis Balanced Advantage Fund - Regular Plan - Growth is Nil for 10% of investments and 1% for remaining investments on or before 12 months, Nil after 12 months