Previously Known As : Axis Dynamic Equity Fund
Axis Balanced Advantage Fund Overview
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank 3
BMSMONEY Rating
Gro. Opt. As On: 19-11-2024
NAV ₹20.02(R) +0.3% ₹22.13(D) +0.32%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 25.2% 11.25% 12.18% 10.04% -%
LumpSum (D) 26.67% 12.68% 13.61% 11.53% -%
SIP (R) -0.41% 15.45% 14.09% 12.33% -%
SIP (D) 0.85% 16.9% 15.54% 13.76% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.6 0.31 0.68 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
7.91% -7.87% -7.53% - 5.46%
Top Dynamic Asset Allocation or Balanced Advantage
Fund Name Rank Rating
Hdfc Balanced Advantage Fund 1
SBI Balanced Advantage Fund 2
Axis Balanced Advantage Fund 3
Icici Prudential Balanced Advantage Fund 4
Invesco India Balanced Advantage Fund 5

NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
Axis Balanced Advantage Fund - Regular Plan - IDCW 13.98
0.0400
0.2900%
Axis Balanced Advantage Fund - Direct Plan - IDCW 14.97
0.0400
0.2700%
Axis Balanced Advantage Fund - Regular Plan - Growth 20.02
0.0600
0.3000%
Axis Balanced Advantage Fund - Direct Plan - Growth 22.13
0.0700
0.3200%

Review Date: 19-11-2024

Axis Balanced Advantage Fund has exhibited very good performance in the Dynamic Asset Allocation or Balanced Advantage Fund category. The fund has rank of 3 out of 21 funds in the category. The fund has delivered return of 25.2% in 1 year, 11.25% in 3 years and 12.18% in 5 years. The category average for the same periods is 18.45%, 10.56% and 12.33% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 7.91, VaR of -7.87, Average Drawdown of -3.96, Semi Deviation of 5.46 and Max Drawdown of -7.53. The category average for the same parameters is 7.84, -8.21, -2.86, 5.41 and -6.58 respectively. The fund has low risk in the category.

Key Points:

  1. An investment of ₹10,000 in Axis Balanced Advantage Fund direct growth option would have grown to ₹12667.0 in 1 year, ₹14305.0 in 3 years and ₹18931.0 in 5 years as of today (19-11-2024).
  2. An SIP of ₹1,000 per month in Axis Balanced Advantage Fund direct growth option would have grown to ₹12055.0 in 1 year, ₹46234.0 in 3 years and ₹88548.0 in 5 years as of today (19-11-2024).
  3. standard deviation of 7.91 and based on VaR one can expect to lose more than -7.87% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.6 which shows good performance of fund in the dynamic asset allocation or balanced advantage fund category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -1.91
-2.52
-5.71 | -0.47 12 | 34 Good
3M Return % 0.35
-1.70
-8.33 | 0.98 3 | 34 Very Good
6M Return % 8.16
4.44
-3.86 | 8.16 1 | 34 Very Good
1Y Return % 25.20
18.45
11.88 | 31.82 2 | 30 Very Good
3Y Return % 11.25
10.56
5.91 | 20.54 7 | 22 Good
5Y Return % 12.18
12.33
9.71 | 19.74 8 | 17 Good
7Y Return % 10.04
9.92
7.13 | 14.94 6 | 12 Good
1Y SIP Return % -0.41
-6.07
-16.14 | -0.41 1 | 30 Very Good
3Y SIP Return % 15.45
12.49
8.45 | 21.87 2 | 22 Very Good
5Y SIP Return % 14.09
13.15
9.47 | 23.53 3 | 17 Very Good
7Y SIP Return % 12.33
12.17
8.70 | 19.82 4 | 12 Good
Standard Deviation 7.91
7.84
5.26 | 12.00 12 | 21 Good
Semi Deviation 5.46
5.41
3.75 | 7.82 12 | 21 Good
Max Drawdown % -7.53
-6.58
-10.90 | -2.66 14 | 21 Average
VaR 1 Y % -7.87
-8.21
-13.51 | -4.14 12 | 21 Good
Average Drawdown % -3.96
-2.86
-4.69 | -1.31 19 | 21 Poor
Sharpe Ratio 0.60
0.51
-0.08 | 1.36 7 | 21 Good
Sterling Ratio 0.68
0.69
0.36 | 1.50 9 | 21 Good
Sortino Ratio 0.31
0.27
-0.02 | 0.76 7 | 21 Good
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -1.82 -2.41 -5.57 | -0.44 12 | 34
3M Return % 0.68 -1.37 -7.99 | 1.16 2 | 34
6M Return % 8.80 5.12 -2.97 | 8.80 2 | 34
1Y Return % 26.67 19.99 13.29 | 33.82 2 | 30
3Y Return % 12.68 11.96 6.70 | 21.32 6 | 22
5Y Return % 13.61 13.68 10.52 | 20.49 7 | 17
7Y Return % 11.53 11.13 7.93 | 15.72 5 | 12
1Y SIP Return % 0.85 -4.79 -14.48 | 0.85 1 | 30
3Y SIP Return % 16.90 13.92 9.24 | 22.66 2 | 22
5Y SIP Return % 15.54 14.51 10.29 | 24.32 4 | 17
7Y SIP Return % 13.76 13.39 9.49 | 20.57 3 | 12
Standard Deviation 7.91 7.84 5.26 | 12.00 12 | 21
Semi Deviation 5.46 5.41 3.75 | 7.82 12 | 21
Max Drawdown % -7.53 -6.58 -10.90 | -2.66 14 | 21
VaR 1 Y % -7.87 -8.21 -13.51 | -4.14 12 | 21
Average Drawdown % -3.96 -2.86 -4.69 | -1.31 19 | 21
Sharpe Ratio 0.60 0.51 -0.08 | 1.36 7 | 21
Sterling Ratio 0.68 0.69 0.36 | 1.50 9 | 21
Sortino Ratio 0.31 0.27 -0.02 | 0.76 7 | 21
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.30 ₹ 10,030.00 0.32 ₹ 10,032.00
1W -0.89 ₹ 9,911.00 -0.85 ₹ 9,915.00
1M -1.91 ₹ 9,809.00 -1.82 ₹ 9,818.00
3M 0.35 ₹ 10,035.00 0.68 ₹ 10,068.00
6M 8.16 ₹ 10,816.00 8.80 ₹ 10,880.00
1Y 25.20 ₹ 12,520.00 26.67 ₹ 12,667.00
3Y 11.25 ₹ 13,769.00 12.68 ₹ 14,305.00
5Y 12.18 ₹ 17,764.00 13.61 ₹ 18,931.00
7Y 10.04 ₹ 19,532.00 11.53 ₹ 21,465.00
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -0.41 ₹ 11,973.04 0.85 ₹ 12,055.25
3Y ₹ 36000 15.45 ₹ 45,288.50 16.90 ₹ 46,233.54
5Y ₹ 60000 14.09 ₹ 85,448.34 15.54 ₹ 88,547.58
7Y ₹ 84000 12.33 ₹ 130,402.19 13.76 ₹ 137,203.16
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Axis Balanced Advantage Fund NAV Regular Growth Axis Balanced Advantage Fund NAV Direct Growth
19-11-2024 20.02 22.13
18-11-2024 19.96 22.06
14-11-2024 19.99 22.09
13-11-2024 19.98 22.08
12-11-2024 20.2 22.32
11-11-2024 20.31 22.45
08-11-2024 20.34 22.47
07-11-2024 20.35 22.48
06-11-2024 20.45 22.6
05-11-2024 20.29 22.42
04-11-2024 20.2 22.32
31-10-2024 20.24 22.36
30-10-2024 20.25 22.37
29-10-2024 20.28 22.4
28-10-2024 20.19 22.3
25-10-2024 20.14 22.24
24-10-2024 20.24 22.36
23-10-2024 20.25 22.37
22-10-2024 20.23 22.34
21-10-2024 20.41 22.54

Fund Launch Date: 11/Jul/2017
Fund Category: Dynamic Asset Allocation or Balanced Advantage
Investment Objective: To generate capital appreciation by investing in a portfolio of equity or equity linked securities while secondary objective is to generate income throughinvestments 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 objectiveof the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Fund Description: An Open Ended Dynamic Asset Allocation Fund
Fund Benchmark: NIFTY50 HybridComposite Debt50:50 Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.