NAV on (No Data Available)
₹0.00
No Data Available
Fund Size
₹3557.6 Crores
1Y Returns
No Data Available%
To generate capital appreciation by investing in a portfolio of equity or equity linked securities while secondary objective is to generate income through investments in debt and money market instruments. It also aims to manage risk through active asset allocation.
Axis Asset Management Company Ltd.
Launch Date
July 11, 2017
Fund Manager
Mr. Jayesh Sundar
Initial Price
10
AUM Fund
3557.6 Cr
Min investment
Rs 100
Expense Ratio
0.61%
"Daily - Rs. 10/- and in multiples of Re 1/- thereafter. Minimum number of installments 6.Weekly - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6.Monthly - Rs. 100/- and in multiples of Re 1/- thereafter. Minimum number of installments 6. Yearly - Rs. 12,000/- and in multiple of Re.1/- thereafter. Minimum number of installments 3."
If redeemed / switched-out within 12 months from the date of allotment, For 10% of investments: Nil. For remaining investments: 1%.If redeemed / switched - out after 12 months from the date of allotment: NiL.
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 126.76% | 126.76% | ₹3700.53 | |
| 126.42% | 126.42% | ₹3700.53 | |
| 126.26% | 126.26% | ₹3700.53 | |
| 126.25% | 126.25% | ₹3700.53 | |
| 126.21% | 126.21% | ₹3700.53 |
Q: What is the current NAV of Axis Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment?
A: The latest NAV of Axis Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment is ₹ .
Q: What type of mutual fund is Axis Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment?
A: Axis Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment is a 'Hybrid - Equity Oriented' type mutual fund managed by 'Axis Asset Management Company Ltd.'.
Q: What is the expense ratio of Axis Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment?
A: The expense ratio of Axis Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment is 0.61%, which impacts overall returns.
Q: Who manages Axis Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment?
A: Axis Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment is managed by Mr. Jayesh Sundar, who oversees investment strategy and portfolio decisions.
Q: Is Axis Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment a good investment?
A: Axis Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of Axis Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment?
A: The exit load of Axis Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment is If redeemed / switched-out within 12 months from the date of allotment, For 10% of investments: Nil. For remaining investments: 1%.If redeemed / switched - out after 12 months from the date of allotment: NiL., applicable if redeemed within the specified period.
Q: How is Axis Balanced Advantage Fund - Direct Plan - IDCW-Reinvestment taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.