GMP IPO Watch
Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage
Axis Balanced Advantage Fund
Direct Plan · Growth Option · Axis Mutual Fund
Risk: Very High Risk
★★★★★
Morningstar
52W Low ₹22.50 30 Mar 2026
52W High ₹24.64 3 Aug 2026
₹24.2700
NAV as of 4 Nov 2026
+0.46% day change
Other Plans of This Fund
ISININF846K01A29
Scheme Code141642
StructureOpen Ended Schemes
Fund HouseAxis Asset Management Co. Ltd.
AUM (avg. July - September 2026)₹313.67 Cr
Expense Ratio (as of 3 Nov 2026)1.00%
Min. InvestmentRs. 5,000 and in multiples of Re. 1/- thereafter
Inception Date11 Jul 2017
BenchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index · NA
Portfolio Turnover267.68%
NFO Period11 Jul 2017 – 25 Jul 2017
Returns
1Y
+1.17%
3Y
+12.19%
5Y
+9.53%
7Y
+10.96%
Since Inception
+9.98%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +3.36% | +3.13% | 14 of 37 |
| 1M | +3.54% | +2.43% | 4 of 36 |
| 3M | -1.10% | -2.01% | 8 of 36 |
| 6M | +2.49% | +1.12% | 12 of 36 |
| YTD | -0.08% | -2.04% | 12 of 37 |
| 1Y | +1.17% | -1.75% | 10 of 35 |
| 2Y | +4.28% | +0.87% | 7 of 34 |
| 3Y | +12.19% | +6.80% | 2 of 29 |
| 5Y | +9.53% | +5.92% | 3 of 20 |
| 7Y | +10.96% | +8.11% | 5 of 16 |
| INCEPTION | +9.98% | — | — |
Ranked among: Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +2.59% | +13.68% | -14.56% | 74% | 30% |
| 6M | +5.15% | +18.80% | -12.79% | 80% | 33% |
| 1Y | +10.92% | +34.24% | -9.59% | 94% | 40% |
| 2Y | +11.44% | +23.64% | -1.07% | 100% | 43% |
| 3Y | +12.04% | +17.92% | +4.45% | 100% | 44% |
| 5Y | +11.69% | +17.06% | +7.55% | 100% | 44% |
| 7Y | +11.51% | +12.77% | +10.44% | 100% | 45% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity66.26%
- Debt20.16%
- Cash13.58%
- Other0.00%
Market Cap Split
- Large Cap58.24%
- Mid Cap10.65%
- Small Cap6.18%
- Others24.93%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 22.50 | 23.35 |
| P/B | 3.02 | 3.19 |
| Price / Sales | 3.02 | 3.06 |
| Price / Cash Flow | 16.44 | 16.87 |
| Dividend Yield (%) | 1.58 | 1.49 |
Holdings155
Top 5 Stocks21.54%
Top 10 Stocks32.16%
Top 3 Sectors28.39%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Net Receivables / (Payables) | Net Current Assets | 14.35% | — |
| ICICI Bank | Banks | 5.81% | -0.27% |
| HDFC Bank | Banks | 5.65% | +0.27% |
| Reliance Industries | Petroleum Products | 4.43% | -0.11% |
| State Bank of India | Banks | 3.26% | -0.27% |
| Kotak Bank | Banks | 2.39% | +0.10% |
| Bharti Airtel | Telecom - Services | 2.38% | +0.04% |
| Larsen & Toubro | Construction | 2.20% | -0.12% |
| Infosys | IT - Software | 2.20% | -0.19% |
| Mahindra & Mahindra | Automobiles | 2.01% | -0.28% |
| Apollo Hospitals | Equity | 1.83% | +0.01% |
| CIFCL MARKET LKD 2029 | Debt | 1.78% | +0.09% |
| NTPC | Power | 1.56% | +0.05% |
| Axis Bank | Banks | 1.53% | +0.03% |
| Eternal | Retailing | 1.51% | +0.03% |
View all 157 holdings
| 761CG2030 | Debt | 1.40% | -0.35% |
| 7.97% Mankind Pharma Limited (16/11/2027) ** | Debt | 1.37% | — |
| 8.4% Muthoot Finance Limited (28/08/2028) ** | Debt | 1.36% | +0.06% |
| 8.11% Pilani Investment and Industries Corporation Limited (24/04/2029) ** | Debt | 1.35% | +0.06% |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 1.19% | -0.71% |
| Bajaj Finance | Finance | 1.17% | -0.06% |
| 8.4% Indian Railway Finance Corporation Limited (08/01/2029) ** | Debt | 1.11% | +0.05% |
| Clearing Corporation of India Ltd | Net Current Assets | 1.03% | — |
| Indian Hotels Company | Leisure Services | 1.02% | +0.29% |
| Interglobe Aviation | Transport Services | 0.99% | +0.00% |
| Phoenix Mills | Realty | 0.96% | +0.06% |
| Embassy Office Parks REIT | Realty | 0.96% | +0.04% |
| Shriram Finance | Finance | 0.91% | -0.07% |
| Samvardhana Motherson International | Auto Components | 0.89% | +0.00% |
| Indus Infra Trust | Transport Infrastructure | 0.89% | +0.02% |
| Hindustan Aeronautics | Aerospace & Defense | 0.87% | +0.04% |
| 91TB151026 | Money Market | 0.82% | +0.04% |
| United Spirits | Beverages | 0.81% | +0.13% |
| 7.25% Embassy Office Parks REIT (24/07/2035) ** | Debt | 0.80% | +0.03% |
| TVS Motors | Automobiles | 0.78% | +0.00% |
| Sona BLW Precision Forgings | Auto Components | 0.76% | +0.08% |
| Britannia Industries | Food Products | 0.72% | -0.08% |
| SBI Life Insurance | Insurance | 0.71% | -0.16% |
| PNB Housing Finance | Finance | 0.71% | +0.02% |
| ITC | Diversified FMCG | 0.70% | -0.19% |
| Tata Power | Power | 0.70% | +0.06% |
| 8.66% Cholamandalam Investment and Finance Company Ltd (23/02/2033) ** | Debt | 0.70% | +0.03% |
| 8.75% Bharti Telecom Limited (05/11/2029) | Debt | 0.69% | +0.03% |
| 8.58% GMR Hyderabad International Airport Limited (28/03/2034) ** | Debt | 0.68% | +0.02% |
| 8.60% Muthoot Finance Limited (02/03/2028) ** | Debt | 0.68% | +0.03% |
| 7.75% Bharti Telecom Limited (29/02/2028) ** | Debt | 0.68% | +0.03% |
| 7.69% REC Limited (31/03/2033) ** | Debt | 0.68% | +0.03% |
| SDL BR 7.54% 2033 | Debt | 0.68% | +0.03% |
| CG Power & Industrial Solutions | Electrical Equipment | 0.67% | -0.01% |
| 6.87% REC Limited (31/05/2030) ** | Debt | 0.66% | +0.02% |
| DOMS Industries | Household Products | 0.63% | -0.01% |
| Varun Beverages | Beverages | 0.63% | +0.08% |
| Tata Consumer Products | Agricultural Food & other Products | 0.62% | +0.11% |
| Titan | Consumer Durables | 0.62% | -0.04% |
| Hindustan Unilever | Diversified FMCG | 0.62% | -0.03% |
| HDFC Life Insurance | Insurance | 0.60% | +0.05% |
| Asian Paints | Consumer Durables | 0.59% | +0.08% |
| 7.70% Bajaj Finance Limited (07/06/2027) | Debt | 0.59% | +0.03% |
| Cholamandalam Investment | Finance | 0.57% | — |
| Tata Steel | Ferrous Metals | 0.57% | +0.03% |
| Pidilite Industries | Chemicals & Petrochemicals | 0.56% | -0.05% |
| Vijaya Diagnostic Centre | Equity | 0.55% | -0.03% |
| 781UPSDL34 | Debt | 0.55% | +0.02% |
| Muthoot Finance Limited (26/07/2029) (FRN) ** | Debt | 0.55% | +0.03% |
| Bajaj Auto | Automobiles | 0.54% | -0.04% |
| 7.88% Muthoot Finance Limited (22/11/2028) | Debt | 0.54% | +0.03% |
| 91TB121126 | Money Market | 0.54% | +0.02% |
| 91TB191126 | Money Market | 0.54% | +0.02% |
| Maruti Suzuki | Automobiles | 0.52% | -0.04% |
| Premier Energies | Electrical Equipment | 0.50% | -0.07% |
| Dixon Technologies | Consumer Durables | 0.50% | -0.04% |
| RBL Bank | Banks | 0.49% | +0.15% |
| Mphasis | IT - Software | 0.47% | +0.10% |
| UltraTech Cement | Cement & Cement Products | 0.44% | +0.11% |
| Divis Laboratories | Pharmaceuticals & Biotechnology | 0.42% | +0.01% |
| Indus Towers | Telecom - Services | 0.41% | +0.03% |
| 7.22% Maharashtra State Development Loans (26/10/2026) | Debt | 0.41% | +0.02% |
| 7.90% Mahindra & Mahindra Financial Services Limited (30/08/2027) ** | Debt | 0.41% | +0.02% |
| 7.66% Bajaj Housing Finance Limited (20/03/2028) ** | Debt | 0.41% | +0.02% |
| LG Electronics | Consumer Durables | 0.40% | +0.02% |
| ITC Hotels | Leisure Services | 0.40% | +0.06% |
| 7.19% JIO Credit Limited (15/03/2028) ** | Debt | 0.40% | +0.01% |
| 7.4% Small Industries Dev Bank of India (18/06/2031) ** | Debt | 0.40% | +0.01% |
| Mankind Pharma | Pharmaceuticals & Biotechnology | 0.38% | +0.03% |
| Nykaa | Retailing | 0.38% | -0.01% |
| Amber Enterprises | Consumer Durables | 0.37% | -0.04% |
| Jubilant FoodWorks | Leisure Services | 0.36% | +0.02% |
| Bharat Petroleum | Petroleum Products | 0.36% | -0.01% |
| Tata Capital | Finance | 0.36% | -0.03% |
| Tech Mahindra | IT - Software | 0.33% | -0.01% |
| Info Edge | Retailing | 0.33% | -0.01% |
| CAMS | Capital Markets | 0.33% | -0.03% |
| Torrent Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.32% | +0.00% |
| Coforge | IT - Software | 0.32% | -0.03% |
| Piramal Pharma | Pharmaceuticals & Biotechnology | 0.32% | +0.03% |
| Knowledge Realty Trust | Realty | 0.32% | +0.02% |
| Delhivery | Transport Services | 0.32% | +0.00% |
| REC | Finance | 0.31% | -0.01% |
| Bharat Electronics | Aerospace & Defense | 0.28% | +0.00% |
| 8.65% TVS Holdings Limited (07/06/2029) ** | Debt | 0.27% | +0.01% |
| 8.4% Narayana Hrudayalaya Limited (15/02/2030) ** | Debt | 0.27% | +0.01% |
| 7.48% National Bank For Agriculture and Rural Development (15/09/2028) | Debt | 0.27% | +0.01% |
| Cipla | Pharmaceuticals & Biotechnology | 0.25% | -0.05% |
| Solar Industries | Chemicals & Petrochemicals | 0.25% | — |
| Indo-MIM | Industrial Manufacturing | 0.25% | +0.08% |
| MCX | Capital Markets | 0.24% | +0.08% |
| Dr Reddys Laboratories | Pharmaceuticals & Biotechnology | 0.23% | — |
| Kirloskar Oil Engines | Industrial Products | 0.22% | — |
| Bajaj Finserv | Finance | 0.22% | -0.02% |
| Exide Industries | Auto Components | 0.21% | -0.01% |
| Tenneco Clean Air | Auto Components | 0.21% | +0.00% |
| GE Vernova T&D | Electrical Equipment | 0.21% | +0.06% |
| Tata Motors | Agricultural, Commercial & Construction Vehicles | 0.20% | -0.01% |
| Vishal Mega Mart | Retailing | 0.20% | -0.01% |
| Minda Corporation | Auto Components | 0.20% | +0.00% |
| Tata Consultancy Services | IT - Software | 0.19% | -0.02% |
| 8.3439% HDB Financial Services Limited (05/07/2027) ** | Debt | 0.19% | +0.01% |
| Fortis Healthcare | Equity | 0.18% | -0.02% |
| Eicher Motors | Automobiles | 0.17% | -0.07% |
| Voltas | Consumer Durables | 0.17% | -0.01% |
| Global Health | Equity | 0.17% | — |
| Hindalco Industries | Non - Ferrous Metals | 0.16% | +0.00% |
| 7.62% Tamilnadu State Development Loans (29/03/2027) | Debt | 0.14% | +0.01% |
| 8.03% Tata Steel Limited (25/02/2028) ** | Debt | 0.14% | +0.01% |
| 7.62% National Bank For Agriculture and Rural Development (31/01/2028) ** | Debt | 0.14% | +0.01% |
| 71GOI2034 | Debt | 0.14% | -0.12% |
| Federal Bank | Banks | 0.13% | -0.01% |
| SDL TN 7.53% 2037 | Debt | 0.13% | +0.00% |
| Petronet LNG | Gas | 0.12% | +0.00% |
| HCL Technologies | IT - Software | 0.11% | +0.00% |
| 7.80% Mahanagar Telephone Nigam Limited (07/11/2033) ** | Debt | 0.11% | -0.02% |
| Hyundai Motor India | Automobiles | 0.10% | — |
| Awfis Space Solutions | Commercial Services & Supplies | 0.10% | +0.00% |
| Bharat Heavy Electricals | Electrical Equipment | 0.08% | +0.00% |
| Titagarh Rail Systems | Industrial Manufacturing | 0.07% | +0.00% |
| Tata Motors Passenger Vehicles | Automobiles | 0.06% | +0.00% |
| 8.52% Muthoot Finance Limited (07/04/2028) ** | Debt | 0.05% | +0.00% |
| PFCL-7.40%-8-5-30-PVT | Debt | 0.05% | +0.00% |
| Aditya Birla Capital | Finance | 0.04% | +0.00% |
| Bank of Baroda | Banks | 0.03% | -0.01% |
| 7.45% Rajasthan State Development Loans (27/09/2027) | Debt | 0.03% | +0.00% |
| SDL KL 6.73% 2028 | Debt | 0.03% | +0.00% |
| SDL TN 7.42% 2034 | Debt | 0.03% | +0.00% |
| 7.39% Indian Railway Finance Corporation Limited (15/07/2034) ** | Debt | 0.03% | +0.00% |
| Indusind Bank | Banks | 0.02% | -0.01% |
| UNO Minda | Auto Components | 0.02% | -0.12% |
| PG Electroplast | Consumer Durables | 0.02% | +0.00% |
| 734GOI2064 | Debt | 0.02% | +0.01% |
| Godrej Properties | Realty | 0.01% | -0.01% |
| Hero Motocorp | Automobiles | 0.01% | -0.20% |
| Crompton Greaves | Consumer Durables | 0.01% | +0.00% |
| 772MAHSDL34 | Debt | 0.01% | +0.00% |
| Kotak Mahindra Prime Limited (23/07/2027) ** | Money Market | 0.01% | — |
| Coal India | Consumable Fuels | 0.00% | — |
| GMR Airports | Transport Infrastructure | 0.00% | — |
| Supreme Industries | Industrial Products | 0.00% | — |
| Cummins | Industrial Products | 0.00% | — |
Sector Allocation · Sep 2026
View all 36 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 8.29 | 9.20 | Low Volatility |
| 3Y | 8.10 | 8.98 | Low Volatility |
| 5Y | 7.87 | 8.47 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.66 | -0.81 | Above Average |
| 3Y | 0.66 | 0.10 | Above Average |
| 5Y | 0.43 | 0.02 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.26 | 0.42 | Below Average |
| 3Y | 2.13 | 1.14 | Above Average |
| 5Y | 1.73 | 1.08 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.02 | 1.06 | Good Risk Adjusted Returns |
| 3Y | 1.06 | 1.09 | Good Risk Adjusted Returns |
| 5Y | 1.01 | 1.02 | Good Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
UNIFI DYNAMIC ASSET ALLOCATION FUND
Direct Plan · GROWTH
|
+8.57% | — | — | +8.47% |
|
Mirae Asset Balanced Advantage Fund
Direct Plan · Growth
|
+3.10% | +10.79% | — | +10.95% |
|
ICICI Prudential Balanced Advantage Fund
Regular Plan · Growth
|
+2.77% | +10.67% | +9.66% | +10.93% |
|
Edelweiss Balanced Advantage Fund
Regular Plan · Growth
|
+2.47% | +9.96% | +8.03% | +10.20% |
|
WhiteOak Capital Balanced Advantage Fund
Direct Plan · Growth Option
|
+1.98% | +11.98% | — | +12.76% |
|
Parag Parikh Dynamic Asset Allocation Fund
Regular Plan · Growth
|
+1.94% | — | — | +5.99% |
|
Bajaj Finserv Balanced Advantage Fund
Direct Plan · Growth
|
+1.44% | — | — | +7.01% |
|
Helios Balanced Advantage Fund
Direct Plan · Growth
|
+1.43% | — | — | +7.10% |
|
Baroda BNP Paribas Balanced Advantage Fund
Regular Plan · Growth Option
|
+1.35% | +11.08% | +9.26% | +12.42% |
|
BANK OF INDIA BALANCED ADVANTAGE FUND
Regular Plan · Growth
|
+1.06% | +8.52% | +9.15% | +7.75% |
More From Axis Asset Management Co. Ltd.
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| Axis Silver ETF | +26.40% | +35.94% | — | +33.11% |
|
Axis Silver Fund of Fund
Direct Plan · Growth Option
|
+25.78% | +35.80% | — | +33.62% |
|
Axis Gold Fund
Direct Plan · Growth option
|
+16.88% | +30.78% | +23.12% | +10.32% |
| Axis Gold ETF | +16.64% | +30.81% | +23.30% | +11.67% |
|
Axis NASDAQ 100 US Specific Equity Passive FOF
Direct Plan · IDCW Option
|
+15.62% | +27.97% | — | +30.61% |
| Axis NIFTY Healthcare ETF | +13.26% | +21.08% | +14.40% | +13.81% |
|
Axis Global Equity Alpha Fund of Fund
Direct Plan · Growth Option
|
+13.25% | +22.73% | +13.92% | +16.86% |
|
Axis India Manufacturing Fund
Direct Plan · IDCW Option
|
+13.04% | — | — | +18.81% |
|
Axis Global Innovation Fund of Fund
Direct Plan · IDCW Option
|
+9.94% | +22.97% | +11.52% | +12.36% |
|
Axis Innovation Fund
Direct Plan · Growth Option
|
+9.66% | +17.73% | +10.46% | +14.81% |
About This Scheme
Investment 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%)
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
Fund Managers
Mr. Jayesh Sundar, Mr. Devang Shah, Mr. Hardik Shah
Mr. Jayesh Sundar - Comanage/Domestic Equities, Mr. Devang Shah - Comanage/Fixed Income, Mr. Hardik Shah - Comanage/Fixed Income
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
Axis Asset Management Co. Ltd. website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.