Axis Balanced Advantage Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio1.05
• Std Deviation 7.20%
• Tracking Error 0.00%

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. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

The Axis Balanced Advantage Fund Regular Growth has an AUM of 3816.40 crores & has delivered CAGR of 10.82% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 1.91%. The minimum investment in Axis Balanced Advantage Fund Regular Growth is Rs 100 and the minimum SIP is Rs 100.

As per morningstar the risk & return rating of the fund are Moderate & High respectively.

The top holdings of the fund include Net Receivables / (Payables), Reliance Industries, HDFC Bank & State Bank of India.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Construction Services.

Some of the similar funds are Axis Balanced Advantage Fund Regular Growth, Baroda BNP Paribas Balanced Advantage Fund Regular Growth, DSP Dynamic Asset Allocation Fund Regular Growth, NJ Balanced Advantage Fund Regular Growth, Aditya Birla Sun Life Balanced Advantage Fund Growth. Axis Balanced Advantage Fund Regular Growth has a sharpe ratio of 1.05 & a standard deviation of 7.20%.