Axis Balanced Advantage Fund
Axis Mutual Fund · Balanced Advantage · Direct plan, growth option
NAV (₹), 1 Oct 2026
23.4400
1-day change
-0.47%
1Y return
0.6%
3Y CAGR
10.8%
5Y CAGR
9.1%
Max drawdown, 5Y
−9.6%
NAV history month-end NAV, ₹ · 7 Aug 2017 to 1 Oct 2026
Returns vs Balanced Advantage median (37 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -3.7% | -3.7% |
| 3 months | -2.6% | -2.4% |
| 6 months | 3.3% | 4.5% |
| Year to date | -3.4% | -2.4% |
| 1 year | 0.6% | 0.4% |
| 3 years (CAGR) | 10.8% | 8.8% |
| 5 years (CAGR) | 9.1% | 8.4% |
| 7 years (CAGR) | 10.7% | 10.7% |
| 10 years (CAGR) | n/a | 9.7% |
| Since first NAV (CAGR) | 9.7% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 8.5% | 9.0% |
| 3Y rolling median | 12.7% | 12.6% |
| 3Y rolling worst | 4.5% | 6.7% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 11.9% | 11.7% |
| 5Y rolling worst | 7.6% | 4.0% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 8.9% | 9.2% |
| Sharpe ratio | 0.52 | 0.35 |
| Sortino ratio | 0.78 | 0.50 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −17.2% | −15.3% |
| Maximum drawdown, last 10Y | n/a | −25.9% |
| Maximum drawdown, last 5Y | −9.6% | −9.9% |
| Current drawdown | −4.9% | −5.2% |
| Recovery time of worst fall | 200 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme hold only part of their money in each of these markets; the mix is set by the scheme and changes over time.
22,421.95 −0.88%
NSE close, 1 Oct 2026
- P/E 19.2: higher than 0% of days since 2022 (median 22.0)
- 1Y −9.0% · 3Y +5.4% p.a. · 5Y +5.9% p.a. (index fund NAV, after costs)
- −14.8% from its 52-week high
6.78%
1 Jul 2026 · +0.43 pp in a year · 5Y average 6.90%
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.15% a year and the Direct plan's 1.07%, a gap of 1.08%; over the last 3 years the Direct plan returned 1.30 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹24,39,161.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Jayesh Sundar | Comanage/Domestic Equities | 28 Sep 2023 |
| Devang Shah | Comanage/Fixed Income | 5 Apr 2024 |
| Hardik Shah | Comanage/Fixed Income | 31 Jan 2022 |
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.
Stated asset allocation: Equity and Equity related securities - (0%-100%),Debt & Money Market Instruments - (0%-100%),Units issued by InvITs - (0%-10%)
Benchmark (tier 1): NIFTY 50 Hybrid Composite Debt 50:50 Index
Exit load: 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
Minimum application: ₹100
Allotment date: 1 Aug 2017
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 1.07% | 1.04% |
| AUM, whole scheme (₹ crore) | 3,654 | 2,109 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 1.5% | -2.7% TRI |
| Return, 3 years (AMFI) | 10.9% | 6.0% TRI |
| Return, 5 years (AMFI) | 9.1% | 6.0% TRI |
| Month-ends above category median (3Y CAGR) | 46% | 44% median |
| Month-ends in category top quartile (3Y) | 32% | 16% median |
| 7Y rolling CAGR, median (monthly windows) | 11.5% | 11.3% median |
Official benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Balanced Advantage Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -3.4% | n/a | – |
| 2025 | 8.2% | n/a | – |
| 2024 | 19.0% | n/a | – |
| 2023 | 21.5% | n/a | – |
| 2022 | 0.9% | n/a | – |
| 2021 | 17.2% | n/a | – |
| 2020 | 11.4% | n/a | – |
| 2019 | 7.5% | n/a | – |
| 2018 | 4.5% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,17,960 | -3.1% |
| 3 years | ₹3,60,000 | ₹3,85,792 | 4.5% |
| 5 years | ₹6,00,000 | ₹7,49,595 | 8.8% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Axis Mutual Fund
Category: Balanced Advantage
Plan / option: Direct · Growth
AMFI scheme code: 141642
ISIN: INF846K01A29
First NAV in MFIC data: 7 Aug 2017
History: 9.1 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Canara Robeco Balanced Advantage Fund | Balanced Advantage | 0.98 | n/a |
| Axis Equity Savings Fund | Equity Savings | 0.98 | 8.9% |
| UTI Balanced Advantage Fund | Balanced Advantage | 0.97 | 7.4% |
| Canara Robeco Aggressive Hybrid Fund | Aggressive Hybrid | 0.96 | 9.8% |
| Nippon India Balanced Advantage Fund | Balanced Advantage | 0.96 | 9.7% |
| BARODA BNP PARIBAS AGGRESSIVE HYBRID FUND | Aggressive Hybrid | 0.96 | 10.1% |
Questions about Axis Balanced Advantage Fund
- What is the latest NAV of Axis Balanced Advantage Fund?
- The NAV of the Direct plan (growth option) was ₹23.4400 on 1 Oct 2026, as published by AMFI.
- Which category is Axis Balanced Advantage Fund in?
- It is classified as Balanced Advantage in AMFI's daily NAV file; a Balanced Advantage scheme changes its equity and debt mix dynamically. MFIC compares it with 37 Balanced Advantage schemes (Direct plans).
- What returns has Axis Balanced Advantage Fund delivered?
- Over one year the NAV changed by 0.6%. The 3-year CAGR is 10.8% (category median 8.8%) and the 5-year CAGR is 9.1% (category median 8.4%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 12.7%, the lowest was 4.5%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Axis Balanced Advantage Fund's NAV?
- The largest peak-to-trough fall in its available history was 17.2%; within the last five years it was 9.6% (category median 9.9%).
- How volatile is Axis Balanced Advantage Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 8.9%, which is below the Balanced Advantage category median of 9.2%.
- What would a monthly SIP in Axis Balanced Advantage Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,49,595 on 1 Oct 2026, an annualised return (XIRR) of 8.8%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Axis Balanced Advantage Fund?
- The total expense ratio of the Direct plan is 1.07% a year, as disclosed to AMFI (median of Balanced Advantage Direct plans: 1.04%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Axis Balanced Advantage Fund?
- Assets under management of the whole scheme were ₹3,654 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Axis Balanced Advantage Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Axis Balanced Advantage Fund and how has it compared?
- Its official benchmark is the NIFTY 50 Hybrid Composite Debt 50:50 Index. Over 3 years AMFI reports a return of 10.9% for this plan against 6.0% for the benchmark total return index; over 5 years 9.1% against 6.0%. Past performance does not indicate future results.
- How often has Axis Balanced Advantage Fund beaten its category?
- At 46% of the 74 month-ends compared over the last 10 years, its 3-year return was above the median of Balanced Advantage schemes (Direct plans); it was in the top quarter at 32% of them. A typical scheme would show about 50%.
- Who manages Axis Balanced Advantage Fund?
- According to its Scheme Summary Document, Axis Balanced Advantage Fund is managed by Jayesh Sundar (since 28 Sep 2023), Devang Shah (since 5 Apr 2024), Hardik Shah (since 31 Jan 2022).
- What is the exit load of Axis Balanced Advantage Fund?
- As stated in its scheme documents: 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 Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Axis Balanced Advantage Fund?
- The minimum application amount is ₹100. SIP details: SIP Daily - 10, Weekly - 100, Monthly 100.00, SIP Yearly - 12000.00 SWP - 1000 STP - Daily, Weekly, Fortnightly, Monthly - 1000 and Quarterly 3000.00. Choti SIP - Maximum one SIP under the facility of exactly equal to Rs. 250/- is allowed. The facility is restricted to three SIP’s across all Mutual Funds (one each in upto three Asset Management Companies)..
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 0.6% and the Regular plan's by -0.6%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.