The scheme seeks 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.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsNA
Devang Shah
Mr. Shah is B.Com and ACA.
Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Axis Balanced Advantage Fund is ₹21.63 as of 2026-08-28.
Axis Balanced Advantage Fund is classified as a Dynamic Asset Allocation fund.
The Assets Under Management (AUM) of Axis Balanced Advantage Fund is ₹3,859.19 Cr.
The expense ratio of Axis Balanced Advantage Fund is 2.12%.
Axis Balanced Advantage Fund is managed by Devang Shah.
The minimum SIP investment for Axis Balanced Advantage Fund is ₹100.
As per the SEBI Riskometer, Axis Balanced Advantage Fund carries a Very High risk level.
Axis Balanced Advantage Fund has delivered 4.59% (1Y), 11.55% (3Y) and 9% (5Y) annualised returns as of 2026-08-28.
Axis Balanced Advantage Fund was launched on 2009-09-04.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
