Axis Balanced Advantage Fund - Regular Plan - Growth

Axis Balanced Advantage Fund - Regular Plan - Growth is a scheme launched by Axis Mutual Fund on August 01, 2017, and falls under the Dynamic Asset Allocation fund category. It currently manages an AUM of Rs 3,489.45 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 100. It charges an expense ratio of 2% for managing the portfolio.

• Investing Strategy:

  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. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

• Performance:

  Axis Balanced Advantage Fund - Regular Plan - Growth trailing returns over different times are 2.18% (1 year), 13.82% (3 year) and 13.11% (5 year). The average annual return of this fund stands at 3.74%.