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Axis Balanced Advantage Fund - Investment Information
- Hybrid
- Dynamic Asset Allocation
- Very High
-
₹20.52
(0.34%)
Current NAV 03-12-2024
-
25.5%
Returns
-
Min. SIP ₹100
Min. Investment ₹100
Fund Suitability Test
Investment Objective
The scheme seeks to generate capital appreciation by investing in a portfolio of equity or equity linked securities while the secondary objective is to generate income through investments in debt and money market instruments.
Basic Details
Key Information About Investing Details.
- CategoryDynamic Asset Allocation
- KRAKARVY
- Inv. PlanGrowth
- Launched In07-Aug-17
- BenchmarkNIFTY 50 Hybrid Composite debt 50:50 Index
- Fund TypeOpen Ended
- Fund HouseAxis Mutual Fund
Investment Details
Check the Fund’s General Information
- Fund size2322.76 Cr.
- Min. Investment₹ 100
- Min. Sip Inv.₹ 100
- Min. Addl Inv.₹ 100
- Expense Ratio2.03%
- Turn over24%
- Exit LoadExit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.
Fund Managers
Details of Managers and their Experience
Fund Manage : 12
Total AUM. : ₹0 Cr.
Fund Manage : 10
Total AUM. : ₹9,709 Cr.
Fund Manage : 12
Total AUM. : ₹82,854 Cr.
Fund Manage : 6
Total AUM. : ₹7,028 Cr.
AMC Office Information
Registered Office of Mutual Fund Company
- AMCAxis Mutual Fund
- Emailcustomerservice@axismf.com
- Office No022-43255161
- Websitehttps://www.axismf.com
- AddressAxis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
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Chat with usFrequently Asked Questions
What is a mutual fund?
In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.
What are the benefits of investing in funds?
Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.
Do mutual funds generate income?
Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.
How many types of mutual funds are there?
There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds
Who gets your money in mutual funds?
The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.