mutual funds axis balanced advantage fund directgrowth

holdings

Axis Balanced Advantage Fund Direct-Growth

Hybrid: Dynamic Asset Allocation - Growth (Open ended)

SEBI Riskometer: Very HighCategory: Hybrid: Dynamic Asset AllocationBenchmark: NIFTY 50 Hybrid Composite Debt 50:50 IndexCheck Portfolio Overlap →

NAV: ₹23.42-0.34%

22 Oct 2026

Holdings Analysis

Equity, debt and cash allocation snapshot with market cap distribution for Axis Balanced Advantage Fund Direct-Growth.

Asset Allocation

As on 30 Sep 2026

Equity

59.61%

Debt

23.88%

Others

14.35%

Real estate

2.17%

Market Cap Distribution

Large Cap (79.9%)

Mid Cap (12.9%)

Small Cap (7.2%)

Historical Asset Allocation

Asset	30 Sep 2026	31 Aug 2026	31 Jul 2026	30 Jun 2026	31 May 2026	30 Apr 2026
Equity	59.61%	60.98%	59.68%	57.56%	57.85%	58.19%
Debt	23.88%	23.52%	23.30%	25.52%	26.96%	27.28%
Others (incl. cash)	14.35%	13.41%	15.85%	15.79%	14.04%	13.34%
Commodities	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Real Estate	2.17%	2.08%	1.17%	1.14%	1.15%	1.18%

Portfolio Snapshot

No. of Securities

156

P/E Ratio

24.21

P/B Ratio

3.43

Top Holding %

14.35%

Top 5 Holdings %

33.49%

Top 10 Holdings %

44.68%

Modified Duration

2.13 yrs

Avg. Maturity

2.58 yrs

Yield to Maturity

7.78%

AUM

₹3,651 Cr

Expense Ratio

1.00%

Since Inception

9.66%

Max Drawdown

-0.17%

Sharpe Ratio

0.58

Top Portfolio Holdings by Weight

Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.

Instrument	Sector	No. of Shares	Value (Rs. Cr)	Weight	Change
ICICI Bank Ltd.	Financial	16,05,062	212.14	5.81%	-0.27%↓
HDFC Bank Ltd.	Financial	29,08,646	206.14	5.65%	0.27%↑
Reliance Industries Ltd.	Energy	13,63,657	161.87	4.43%	-0.11%↓
State Bank of India	Financial	12,38,820	118.86	3.26%	-0.27%↓
Kotak Mahindra Bank Ltd.	Financial	20,94,719	87.35	2.39%	0.10%↑
Bharti Airtel Ltd.	Communication	4,94,498	86.88	2.38%	0.04%↑
Larsen & Toubro Ltd.	Construction	2,14,070	80.49	2.20%	-0.12%↓
Infosys Ltd.	Technology	8,08,320	80.36	2.20%	-0.19%↓
Mahindra & Mahindra Ltd.	Automobile	2,49,129	73.49	2.01%	-0.27%↓
Apollo Hospitals Enterprise Ltd.	Healthcare	81,790	66.79	1.83%	0.01%↑
NTPC Ltd.	Energy	17,67,833	57.06	1.56%	0.05%↑
Axis Bank Ltd.	Financial	4,56,012	55.91	1.53%	0.04%↑
Eternal Ltd.	Services	17,27,891	55.29	1.51%	0.04%↑
Sun Pharmaceutical Industries Ltd.	Healthcare	2,39,993	43.6	1.19%	-0.70%↓
Bajaj Finance Ltd.	Financial	4,44,583	42.65	1.17%	-0.06%↓
The Indian Hotels Company Ltd.	Services	5,12,895	37.37	1.02%	0.29%↑
Interglobe Aviation Ltd.	Services	72,620	36.19	0.99%	0.00%↑
The Phoenix Mills Ltd.	Construction	1,81,328	35.09	0.96%	0.06%↑
Shriram Finance Ltd	Financial	3,37,062	33.12	0.91%	-0.07%↓
Samvardhana Motherson International Ltd.	Automobile	19,94,306	32.56	0.89%	0.00%↑

1 / 6

Sector-wise Portfolio Allocation

Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.

Sector	30 Sep 2026	31 Aug 2026	31 Jul 2026	30 Jun 2026	31 May 2026	30 Apr 2026
Financial	19.58%	19.43%	18.99%	18.72%	16.78%	17.49%
Energy	5.89%	6.15%	6.60%	6.70%	6.88%	7.24%
Services	5.80%	5.44%	4.77%	4.53%	3.85%	3.53%
Healthcare	4.54%	5.21%	5.00%	4.89%	4.78%	4.57%
Automobile	4.53%	5.31%	5.27%	4.55%	5.05%	4.83%
Consumer Staples	4.01%	3.87%	3.71%	3.77%	4.22%	4.54%
Technology	3.05%	3.67%	3.81%	3.03%	5.01%	4.71%
Communication	2.77%	2.69%	2.55%	2.28%	2.24%	1.92%
Capital Goods	2.77%	2.68%	2.18%	1.76%	1.69%	2.13%
Construction	2.63%	2.62%	2.61%	3.26%	3.14%	3.34%
Consumer Discretionary	1.22%	1.36%	1.27%	1.07%	0.98%	0.89%
Materials	1.03%	0.85%	0.82%	0.88%	0.89%	0.62%
Insurance	0.88%	0.81%	0.75%	0.76%	0.80%	0.79%
Chemicals	0.62%	0.61%	1.08%	1.07%	1.00%	1.06%
Metals & Mining	0.29%	0.29%	0.28%	0.28%	0.54%	0.54%

Debt Holdings — Credit Quality Profile

Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.

Rating	Fund	Category
Cash & Call Money	15.38%	8.10%
AA+	9.48%	1.76%
AAA	7.63%	8.73%
SOV	5.46%	7.34%
AA	0.27%	0.88%
A1+	0.01%	1.87%
A	-	0.01%
A+	-	0.04%
A-	-	0.10%
AA-	-	0.24%
BBB+	-	0.06%
Cash	-	4.49%
Others	-	0.26%
Term Deposits	-	0.02%

Equity Insights

A detailed look at the equity holdings of this scheme — aggregated scores on value, momentum, quality parameters along with diversification and performance analysis.

Style Analysis

Value score

52.4 / 100

Weighted average Value score is 52.4. This indicates that portfolio is relatively reasonably valued using composite of value measures.

Price Momentum score

56.5 / 100

Weighted average Price Momentum score is 56.5. This indicates that portfolio has average momentum using composite of momentum measures.

Quality score

69.4 / 100

Weighted average Quality score is 69.4. This indicates that portfolio has average quality using composite of quality measures.

QVM score

68.3 / 100

Weighted average QVM score is 68.3. This indicates that portfolio has average QVM score and hence a neutral stance is warranted.

Red Flags

Earnings manipulation risk (Beneish M-score)

Following stocks have high risk of potential earnings manipulation (Beneish M-score > -1.78):

Name	Value
CG Power and Industrial Solutions Ltd.	-0.65
Hindustan Unilever Ltd.	-1.56
Tata Motors Passenger Vehicles Ltd.	-1.66
Torrent Pharmaceuticals Ltd.	-0.63
Solar Industries India Ltd.	-1.01
Bajaj Auto Ltd.	-0.72
Varun Beverages Ltd.	-1.69
Sona BLW Precision Forgings Ltd.	-1.03

High leverage

Following companies have debt to equity of greater than 2:

Name	Value
Tata Power Company Ltd.	2.02
TVS Motor Company Ltd.	3.43
Jubilant FoodWorks Ltd.	2.14
Interglobe Aviation Ltd.	11.15
Awfis Space Solutions Ltd.	2.72

Debt Insights

A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.

SEBI PRC matrix

Credit risk

	Interest risk
	Low	Moderate	High
Low
Moderate
High

Instruments

Full name	Description	Coupon rate	Maturity	Rating raw	Weight
Cholamandalam Investment and Finance Company Ltd.	Debenture	0.00%	27/02/2029	ICRA AA+	1.78%
GOI	GOI Securities	7.61%	09/05/2030	SOV	1.40%
Mankind Pharma Ltd.	Bonds/Debentures	7.97%	16/11/2027	CRISIL AA+	1.37%
Muthoot Finance Ltd.	Bonds	8.40%	28/08/2028	CRISIL AA+	1.36%
Pilani Investment And Industries Corporation Ltd.	Debenture	8.11%	24/04/2029	CRISIL AA+	1.35%
Indian Railway Finance Corporation Ltd.	Debenture	8.40%	08/01/2029	CRISIL AAA	1.11%
Others	CBLO	0.00%	0	-	1.03%
Reserve Bank of India	Treasury Bills	0.00%	91-D	SOV	0.82%
Embassy Office Parks REIT	Zero Coupon Bonds	0.00%	24/07/2035	CRISIL AAA	0.80%
Cholamandalam Investment and Finance Company Ltd.	Non Convertible Debenture	8.66%	23/02/2033	ICRA AA+	0.70%
Bharti Telecom Ltd.	Non Convertible Debenture	8.75%	05/11/2029	CRISIL AAA	0.69%
REC Ltd.	Floating Rate Bond	7.69%	31/03/2033	CRISIL AAA	0.68%
Muthoot Finance Ltd.	Non Convertible Debenture	8.60%	02/03/2028	CRISIL AA+	0.68%
Bihar State	State Development Loan	7.54%	03/09/2033	SOV	0.68%
Bharti Telecom Ltd.	Debenture	7.75%	29/02/2028	CRISIL AAA	0.68%
GMR Hyderabad International Airport Ltd.	Non Convertible Debenture	0.00%	28/03/2034	ICRA AA+	0.68%
REC Ltd.	Bonds	6.87%	31/05/2030	ICRA AAA	0.66%
Bajaj Finance Ltd.	Bonds	7.70%	07/06/2027	CRISIL AAA	0.59%
Uttar Pradesh State	State Development Loan	7.81%	19/10/2034	SOV	0.55%
Muthoot Finance Ltd.	Debenture	0.00%	26/07/2029	CRISIL AA+	0.55%
Reserve Bank of India	Treasury Bills	0.00%	91-D 12/11/2026	SOV	0.54%
Muthoot Finance Ltd.	Non Convertible Debenture	7.88%	22/11/2028	CRISIL AA+	0.54%
Reserve Bank of India	Treasury Bills	0.00%	91-D 19/11/2026	SOV	0.54%
Mahindra & Mahindra Financial Services Ltd.	Bonds	7.90%	30/08/2027	CARE AAA	0.41%
Bajaj Housing Finance Ltd.	Debenture	7.66%	20/03/2028	CRISIL AAA	0.41%
Maharashtra State	State Development Loan	7.22%	26/10/2026	SOV	0.41%
Jio Credit Ltd.	Debenture	7.19%	15/03/2028	CRISIL AAA	0.40%
Small Industries Devp. Bank of India Ltd.	Bonds/NCDs	0.00%	18/06/2031	CRISIL AAA	0.40%
Narayana Hrudayalaya Ltd.	Debenture	8.40%	15/02/2030	ICRA AA	0.27%
National Bank For Agriculture & Rural Development	Bonds	7.48%	15/09/2028	CRISIL AAA	0.27%
TVS Holdings Ltd.	Debenture	8.65%	07/06/2029	CRISIL AA+	0.27%
HDB Financial Services Ltd.	Debenture	8.34%	05/07/2027	CRISIL AAA	0.19%
Tata Steel Ltd.	Bonds	8.03%	25/02/2028	CARE AA+	0.14%
GOI	GOI Securities	7.10%	08/04/2034	SOV	0.14%
Tamilnadu State	State Development Loan	7.62%	29/03/2027	SOV	0.14%
National Bank For Agriculture & Rural Development	Debenture	7.62%	31/01/2028	CRISIL AAA	0.14%
Tamilnadu State	State Development Loan	7.53%	28/01/2037	SOV	0.13%
Mahanagar Telephone Nigam Ltd.	Non Convertible Debenture	7.80%	07/11/2033	CARE AAA(CE)	0.11%
Muthoot Finance Ltd.	Debenture	8.52%	07/04/2028	CRISIL AA+	0.05%
Power Finance Corporation Ltd.	Non Convertible Debenture	7.40%	08/05/2030	CRISIL AAA	0.05%
Tamilnadu State	State Development Loan	7.42%	03/04/2034	SOV	0.03%
Rajasthan State	State Development Loan	7.45%	27/09/2027	SOV	0.03%
Indian Railway Finance Corporation Ltd.	Debenture	7.39%	15/07/2034	CRISIL AAA	0.03%
Kerala State	State Development Loan	6.73%	10/06/2028	SOV	0.03%
GOI	GOI Securities	7.34%	22/04/2064	SOV	0.02%
Kotak Mahindra Prime Ltd.	Commercial Paper	0.00%	23/07/2027	CRISIL A1+	0.01%
Maharashtra State	State Development Loan	7.72%	25/05/2034	SOV	0.01%
Nomura Fixed Income Securities Pvt. Ltd.	Interest Rate Swap	0.00%	25/02/2029	-	0.00%

Frequently Asked Questions

What are the top holdings of Axis Balanced Advantage Fund Direct-Growth?

The top holdings of Axis Balanced Advantage Fund Direct-Growth as of 30 Sep 2026 are Others (14.35%), ICICI Bank Ltd. (5.81%), HDFC Bank Ltd. (5.65%), Reliance Industries Ltd. (4.43%), State Bank of India (3.26%). These top 5 stocks together account for 33.49% of the total portfolio. You can view the complete holdings breakdown above.

How many stocks does Axis Balanced Advantage Fund Direct-Growth hold in its portfolio?

Axis Balanced Advantage Fund Direct-Growth holds 156 stocks in its portfolio as of 30 Sep 2026. The fund's portfolio size reflects the fund manager's investment approach, a more concentrated portfolio indicates higher conviction bets, while a larger number of holdings suggests a more diversified strategy.

What is the sector allocation of Axis Balanced Advantage Fund Direct-Growth?

As of 30 Sep 2026, Axis Balanced Advantage Fund Direct-Growth's top sector allocations are Financial (19.58%), Energy (5.89%), Services (5.80%). You can find detailed sector allocation above.

What is the equity and debt allocation of Axis Balanced Advantage Fund Direct-Growth?

As of 30 Sep 2026, Axis Balanced Advantage Fund Direct-Growth has 59.61% allocated to equity, and 23.88% to debt. You can also check the historical trends above.

What is the market cap allocation of Axis Balanced Advantage Fund Direct-Growth?

As of 30 Sep 2026, Axis Balanced Advantage Fund Direct-Growth's market cap allocation is 79.87% in large caps, 12.89% in mid caps, and 7.24% in small caps.

What is the PE ratio of Axis Balanced Advantage Fund Direct-Growth's portfolio?

The portfolio PE ratio of Axis Balanced Advantage Fund Direct-Growth is 24.21 as of 30 Sep 2026. The portfolio PE ratio tells you how expensive or cheap the fund's holdings are relative to their earnings.

What is the credit quality of Axis Balanced Advantage Fund Direct-Growth?

As of 30 Sep 2026, Axis Balanced Advantage Fund Direct-Growth's debt portfolio has 7.63% in AAA-rated instruments, 0.27% in AA-rated, and 5.46% in sovereign securities. Higher allocation to AAA and sovereign instruments indicates lower credit risk in the non-equity portion of the portfolio.

When is the latest portfolio disclosure for Axis Balanced Advantage Fund Direct-Growth?

The latest portfolio disclosure for Axis Balanced Advantage Fund Direct-Growth is as of 30 Sep 2026. SEBI requires all mutual funds to disclose their complete portfolio holdings on a monthly basis, typically within 10 days of the end of each month.

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Asset

30 Sep 2026

31 Aug 2026

31 Jul 2026

30 Jun 2026

31 May 2026

30 Apr 2026

Equity

59.61%

60.98%

59.68%

57.56%

57.85%

58.19%

Debt

23.88%

23.52%

23.30%

25.52%

26.96%

27.28%

Others (incl. cash)

14.35%

13.41%

15.85%

15.79%

14.04%

13.34%

Commodities

0.00%

Real Estate

2.17%

2.08%

1.17%

1.14%

1.15%

1.18%

Instrument

Sector

No. of Shares

Value (Rs. Cr)

Weight

Change

ICICI Bank Ltd.

Financial

16,05,062

212.14

5.81%

-0.27%↓

HDFC Bank Ltd.

Financial

29,08,646

206.14

5.65%

0.27%↑

Reliance Industries Ltd.

Energy

13,63,657

161.87

4.43%

-0.11%↓

State Bank of India

Financial

12,38,820

118.86

3.26%

-0.27%↓

Kotak Mahindra Bank Ltd.

Financial

20,94,719

87.35

2.39%

0.10%↑

Bharti Airtel Ltd.

Communication

4,94,498

86.88

2.38%

0.04%↑

Larsen & Toubro Ltd.

Construction

2,14,070

80.49

2.20%

-0.12%↓

Infosys Ltd.

Technology

8,08,320

80.36

2.20%

-0.19%↓

Mahindra & Mahindra Ltd.

Automobile

2,49,129

73.49

2.01%

-0.27%↓

Apollo Hospitals Enterprise Ltd.

Healthcare

81,790

66.79

1.83%

0.01%↑

NTPC Ltd.

Energy

17,67,833

57.06

1.56%

0.05%↑

Axis Bank Ltd.

Financial

4,56,012

55.91

1.53%

0.04%↑

Eternal Ltd.

Services

17,27,891

55.29

1.51%

0.04%↑

Sun Pharmaceutical Industries Ltd.

Healthcare

2,39,993

43.6

1.19%

-0.70%↓

Bajaj Finance Ltd.

Financial

4,44,583

42.65

1.17%

-0.06%↓

The Indian Hotels Company Ltd.

Services

5,12,895

37.37

1.02%

0.29%↑

Interglobe Aviation Ltd.

Services

72,620

36.19

0.99%

0.00%↑

The Phoenix Mills Ltd.

Construction

1,81,328

35.09

0.96%

0.06%↑

Shriram Finance Ltd

Financial

3,37,062

33.12

0.91%

-0.07%↓

Samvardhana Motherson International Ltd.

Automobile

19,94,306

32.56

0.89%

0.00%↑

Sector

30 Sep 2026

31 Aug 2026

31 Jul 2026

30 Jun 2026

31 May 2026

30 Apr 2026

Financial

19.58%

19.43%

18.99%

18.72%

16.78%

17.49%

Energy

5.89%

6.15%

6.60%

6.70%

6.88%

7.24%

Services

5.80%

5.44%

4.77%

4.53%

3.85%

3.53%

Healthcare

4.54%

5.21%

5.00%

4.89%

4.78%

4.57%

Automobile

4.53%

5.31%

5.27%

4.55%

5.05%

4.83%

Consumer Staples

4.01%

3.87%

3.71%

3.77%

4.22%

4.54%

Technology

3.05%

3.67%

3.81%

3.03%

5.01%

4.71%

Communication

2.77%

2.69%

2.55%

2.28%

2.24%

1.92%

Capital Goods

2.77%

2.68%

2.18%

1.76%

1.69%

2.13%

Construction

2.63%

2.62%

2.61%

3.26%

3.14%

3.34%

Consumer Discretionary

1.22%

1.36%

1.27%

1.07%

0.98%

0.89%

Materials

1.03%

0.85%

0.82%

0.88%

0.89%

0.62%

Insurance

0.88%

0.81%

0.75%

0.76%

0.80%

0.79%

Chemicals

0.62%

0.61%

1.08%

1.07%

1.00%

1.06%

Metals & Mining

0.29%

0.28%

0.54%

Rating

Fund