mutual funds axis balanced advantage fund directgrowth

holdings

Axis Balanced Advantage Fund Direct-Growth

Hybrid: Dynamic Asset Allocation - Growth (Open ended)

Axis Balanced Advantage Fund Direct-GrowthNAV: 24.18 as on 01 Jul, 2026

Risk levelCategoryBenchmark

Factsheet

SEBI Riskometer -Very HighCategory -Hybrid: Dynamic Asset AllocationBenchmark -NIFTY 50 Hybrid Composite Debt 50:50 Index

NAV: ₹24.18+0.46%

02 Jul 2026

Holdings Analysis

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

Asset Allocation

As on 31 May 2026

Equity

57.85%

Debt

26.96%

Others

14.04%

Real estate

1.15%

Market Cap Distribution

Large Cap (85.5%)

Mid Cap (8.4%)

Small Cap (6.1%)

Historical Asset Allocation

Asset	31 May 2026	30 Apr 2026	31 Mar 2026	28 Feb 2026	31 Jan 2026	31 Dec 2025
Equity	57.85%	58.19%	54.24%	55.91%	56.38%	57.13%
Debt	26.96%	27.28%	30.09%	30.50%	30.09%	28.59%
Others (incl. cash)	14.04%	13.34%	14.47%	12.44%	12.39%	13.18%
Commodities	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Real Estate	1.15%	1.18%	1.20%	1.15%	1.15%	1.10%

Portfolio Snapshot

No. of Securities

163

P/E Ratio

26.16

P/B Ratio

3.87

Top Holding %

14.04%

Top 5 Holdings %

33.28%

Top 10 Holdings %

45.93%

Modified Duration

2.10 yrs

Avg. Maturity

2.64 yrs

Yield to Maturity

7.15%

AUM

₹3,750 Cr

Expense Ratio

1.07%

Since Inception

10.40%

Max Drawdown

-0.17%

Sharpe Ratio

0.80

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
HDFC Bank Ltd.	Financial	29,08,546	216.56	5.78%	-0.19%↓
ICICI Bank Ltd.	Financial	16,05,062	201.66	5.38%	0.12%↑
Reliance Industries Ltd.	Energy	13,63,657	180.17	4.80%	-0.36%↓
State Bank of India	Financial	12,76,824	123.14	3.28%	-0.55%↓
Infosys Ltd.	Technology	9,54,334	110.79	2.95%	-0.04%↓
Larsen & Toubro Ltd.	Construction	2,63,595	107.45	2.87%	0.05%↑
Mahindra & Mahindra Ltd.	Automobile	3,05,529	93.05	2.48%	-0.03%↓
Bharti Airtel Ltd.	Communication	4,61,809	84.46	2.25%	-0.06%↓
Kotak Mahindra Bank Ltd.	Financial	20,44,798	78.56	2.10%	0.01%↑
NTPC Ltd.	Energy	17,67,833	68.4	1.82%	-0.05%↓
Sun Pharmaceutical Industries Ltd.	Healthcare	3,66,343	65.91	1.76%	0.07%↑
Apollo Hospitals Enterprise Ltd.	Healthcare	73,618	60.19	1.61%	0.11%↑
Samvardhana Motherson International Ltd.	Automobile	28,32,661	41.28	1.10%	0.32%↑
Shriram Finance Ltd	Financial	4,19,562	39.74	1.06%	0.25%↑
Eternal Ltd.	Services	15,82,815	39.66	1.06%	0.11%↑
Axis Bank Ltd.	Financial	2,93,618	37.78	1.01%	0.14%↑
Bajaj Finance Ltd.	Financial	3,90,277	35.45	0.95%	0.33%↑
SBI Life Insurance Company Ltd.	Insurance	1,91,036	34.96	0.93%	0.01%↑
Titan Company Ltd.	Consumer Discretionary	84,797	34.55	0.92%	-0.07%↓
Varun Beverages Ltd.	Consumer Staples	6,17,230	32.59	0.87%	0.03%↑

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	31 May 2026	30 Apr 2026	31 Mar 2026	28 Feb 2026	31 Jan 2026	31 Dec 2025
Financial	16.78%	17.49%	15.88%	16.75%	16.92%	16.03%
Energy	6.88%	7.24%	7.96%	7.52%	7.49%	8.02%
Automobile	5.05%	4.83%	3.89%	4.68%	4.76%	4.58%
Technology	5.01%	4.71%	5.29%	4.57%	5.85%	5.56%
Healthcare	4.78%	4.57%	4.43%	4.30%	3.89%	4.27%
Consumer Staples	4.22%	4.54%	4.24%	4.40%	4.28%	4.81%
Services	3.85%	3.53%	2.01%	1.68%	1.23%	1.10%
Construction	3.14%	3.34%	2.76%	3.60%	3.35%	3.61%
Communication	2.24%	1.92%	1.92%	1.80%	1.86%	2.09%
Capital Goods	1.69%	2.13%	1.80%	2.30%	2.19%	2.25%
Chemicals	1.00%	1.06%	1.03%	1.12%	1.10%	1.17%
Consumer Discretionary	0.98%	0.89%	1.42%	1.48%	1.27%	1.40%
Materials	0.89%	0.62%	0.26%	0.27%	0.43%	0.49%
Insurance	0.80%	0.79%	0.83%	0.92%	0.98%	0.99%
Metals & Mining	0.54%	0.54%	0.51%	0.53%	0.76%	0.77%

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	15.76%	5.12%
AA+	9.20%	1.58%
SOV	8.29%	8.68%
AAA	6.93%	9.01%
Others	0.56%	0.14%
AA	0.26%	1.27%
A	-	0.03%
A+	-	0.19%
A-	-	0.26%
A1+	-	2.77%
AA-	-	0.18%
BBB+	-	0.22%
Cash	-	7.42%
Term Deposits	-	0.36%
Unrated	-	0.01%

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

52.5 / 100

Weighted average Value score is 52.5. This indicates that portfolio is relatively reasonably valued using composite of value measures.

Price Momentum score

60.2 / 100

Weighted average Price Momentum score is 60.2. This indicates that portfolio has average momentum using composite of momentum measures.

Quality score

73.7 / 100

Weighted average Quality score is 73.7. This indicates that portfolio has average quality using composite of quality measures.

QVM score

71.9 / 100

Weighted average QVM score is 71.9. 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
Varun Beverages Ltd.	-1.69

Declining revenues

Following companies have seen their sales decline for 2 consecutive quarters (measured on yoy basis): Petronet LNG Ltd., PI Industries Ltd., Tata Motors Passenger Vehicles Ltd., Tata Power Company Ltd., Titagarh Rail Systems Ltd.

High leverage

Following companies have debt to equity of greater than 2:

Name	Value
Grasim Industries Ltd.	2.2
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
Wework India Management Ltd.	18.63

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
GOI	GOI Securities	7.61%	09/05/2030	SOV	1.79%
Others	CBLO	0.00%	0	-	1.72%
Muthoot Finance Ltd.	Bonds	8.40%	28/08/2028	CRISIL AA+	1.33%
Pilani Investment And Industries Corporation Ltd.	Debenture	8.11%	24/04/2029	CRISIL AA+	1.32%
Muthoot Finance Ltd.	Debenture	8.52%	07/04/2028	CRISIL AA+	1.12%
Cholamandalam Investment and Finance Company Ltd.	Non Convertible Debenture	8.66%	23/02/2033	ICRA AA+	1.04%
Reserve Bank of India	Treasury Bills	0.00%	91-D 04/06/2026	SOV	0.93%
Reserve Bank of India	Treasury Bills	0.00%	91-D 20/08/2026	SOV	0.92%
Tamilnadu State	State Development Loan	7.53%	28/01/2037	SOV	0.92%
Cholamandalam Investment and Finance Company Ltd.	Debenture	0.00%	27/02/2029	ICRA AA+	0.80%
Torrent Pharmaceuticals Ltd.	Debenture	7.45%	19/01/2028	ICRA AA+	0.79%
Embassy Office Parks REIT	Zero Coupon Bonds	0.00%	24/07/2035	CRISIL AAA	0.78%
GMR Hyderabad International Airport Ltd.	Non Convertible Debenture	0.00%	28/03/2034	ICRA AA+	0.68%
Muthoot Finance Ltd.	Non Convertible Debenture	8.60%	02/03/2028	CRISIL AA+	0.67%
Bharti Telecom Ltd.	Non Convertible Debenture	8.75%	05/11/2029	CRISIL AAA	0.67%
Bihar State	State Development Loan	7.54%	03/09/2033	SOV	0.66%
REC Ltd.	Floating Rate Bond	7.69%	31/03/2033	CRISIL AAA	0.66%
Bharti Telecom Ltd.	Debenture	7.75%	29/02/2028	CRISIL AAA	0.66%
Tata Capital Housing Finance Ltd.	Non Convertible Debenture	7.12%	21/07/2027	CRISIL AAA	0.66%
Poonawalla Fincorp Ltd.	Debenture	7.60%	28/05/2027	CRISIL AAA	0.66%
Bajaj Finance Ltd.	Bonds	7.70%	07/06/2027	CRISIL AAA	0.57%
Cholamandalam Investment and Finance Company Ltd.	Debenture	7.50%	30/09/2026	-	0.56%
Uttar Pradesh State	State Development Loan	7.81%	19/10/2034	SOV	0.54%
GOI	GOI Securities	7.10%	08/04/2034	SOV	0.54%
Reserve Bank of India	Treasury Bills	0.00%	364-D 23/07/2026	SOV	0.53%
Reserve Bank of India	Treasury Bills	0.00%	91-D 11/06/2026	SOV	0.53%
Muthoot Finance Ltd.	Non Convertible Debenture	7.88%	22/11/2028	CRISIL AA+	0.52%
Maharashtra State	State Development Loan	7.22%	26/10/2026	SOV	0.40%
Mahindra & Mahindra Financial Services Ltd.	Bonds	7.90%	30/08/2027	CARE AAA	0.40%
Godrej Industries Ltd.	Non Convertible Debenture	8.10%	22/05/2028	CRISIL AA+	0.40%
Jio Credit Ltd.	Debenture	7.19%	15/03/2028	CRISIL AAA	0.39%
Bajaj Housing Finance Ltd.	Non Convertible Debenture	7.02%	26/05/2028	CRISIL AAA	0.39%
TVS Holdings Ltd.	Debenture	8.65%	07/06/2029	CRISIL AA+	0.27%
National Bank For Agriculture & Rural Development	Bonds	7.48%	15/09/2028	CRISIL AAA	0.26%
Reserve Bank of India	Treasury Bills	0.00%	91-D 23/07/2026	SOV	0.26%
Narayana Hrudayalaya Ltd.	Debenture	8.40%	15/02/2030	ICRA AA	0.26%
HDB Financial Services Ltd.	Debenture	8.34%	05/07/2027	CRISIL AAA	0.19%
HDFC Bank Ltd.	Non Convertible Debenture	7.90%	24/08/2026	CRISIL AAA	0.13%
Mahanagar Telephone Nigam Ltd.	Non Convertible Debenture	7.80%	07/11/2033	CARE AAA(CE)	0.13%
REC Ltd.	Non Convertible Debenture	7.64%	30/06/2026	CRISIL AAA	0.13%
Tata Steel Ltd.	Bonds	8.03%	25/02/2028	CARE AA+	0.13%
Godrej Properties Ltd.	Non Convertible Debenture	8.15%	03/07/2026	ICRA AA+	0.13%
National Bank For Agriculture & Rural Development	Debenture	7.62%	31/01/2028	CRISIL AAA	0.13%
Tamilnadu State	State Development Loan	7.62%	29/03/2027	SOV	0.13%
Maharashtra State	State Development Loan	6.24%	11/08/2026	SOV	0.05%
Power Finance Corporation Ltd.	Non Convertible Debenture	7.40%	08/05/2030	CRISIL AAA	0.05%
Kerala State	State Development Loan	6.73%	10/06/2028	SOV	0.03%
Indian Railway Finance Corporation Ltd.	Debenture	7.39%	15/07/2034	CRISIL AAA	0.03%
Tamilnadu State	State Development Loan	7.42%	03/04/2034	SOV	0.03%
GOI	GOI Securities	7.34%	22/04/2064	SOV	0.02%
Bajaj Housing Finance Ltd.	Debenture	7.98%	09/09/2026	CRISIL AAA	0.01%
Maharashtra State	State Development Loan	7.72%	25/05/2034	SOV	0.01%

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 sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.

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

Axis Balanced Advantage Fund Direct-Growth holds 163 securities in its portfolio. The top 5 holdings account for 33.28% of the portfolio and the top 10 for 45.93% — a well-diversified portfolio that minimises stock-specific risk.

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

The sector allocation of Axis Balanced Advantage Fund Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.

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

As of 31 May 2026, Axis Balanced Advantage Fund Direct-Growth has 57.85% in equity, 26.96% in debt and 14.04% in cash/others. This asset mix determines the fund's overall risk-return profile. The debt portfolio has a yield to maturity (YTM) of 7.15%.

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

Axis Balanced Advantage Fund Direct-Growth's equity portfolio — Large Cap: 85.52%, Mid Cap: 8.38%, Small Cap: 6.10%. Market cap allocation determines the fund's risk profile — large cap offers stability while mid and small cap offer higher growth potential with higher volatility.

Is Axis Balanced Advantage Fund Direct-Growth a concentrated or diversified fund?

Axis Balanced Advantage Fund Direct-Growth holds 163 securities, with the top 10 accounting for 45.93% of the portfolio and the top 5 for 33.28%. With 163 holdings, this is a well-diversified fund — stock-specific risk is limited.

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

The debt holdings of Axis Balanced Advantage Fund Direct-Growth are rated as follows — Cash & Call Money: 15.76%, AA+: 9.20%, SOV: 8.29%, AAA: 6.93%, and others. Higher allocation to AAA and sovereign instruments means lower credit risk. The full rating profile compared to the category average is in the Credit Rating section.

How often does Axis Balanced Advantage Fund Direct-Growth change its portfolio?

The portfolio currently holds 163 securities with the top 10 accounting for 45.93% as of 31 May 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.

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

The weighted average PE ratio of Axis Balanced Advantage Fund Direct-Growth's portfolio is 26.16 and the PB ratio is 3.87. The debt portfolio has a modified duration of 2.10 years and an average maturity of 2.64 years. These metrics reflect the overall valuation and interest rate sensitivity 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 31 May 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.

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Asset

31 May 2026

30 Apr 2026

31 Mar 2026

28 Feb 2026

31 Jan 2026

31 Dec 2025

Equity

57.85%

58.19%

54.24%

55.91%

56.38%

57.13%

Debt

26.96%

27.28%

30.09%

30.50%

30.09%

28.59%

Others (incl. cash)

14.04%

13.34%

14.47%

12.44%

12.39%

13.18%

Commodities

0.00%

Real Estate

1.15%

1.18%

1.20%

1.15%

1.10%

Instrument

Sector

No. of Shares

Value (Rs. Cr)

Weight

Change

HDFC Bank Ltd.

Financial

29,08,546

216.56

5.78%

-0.19%↓

ICICI Bank Ltd.

Financial

16,05,062

201.66

5.38%

0.12%↑

Reliance Industries Ltd.

Energy

13,63,657

180.17

4.80%

-0.36%↓

State Bank of India

Financial

12,76,824

123.14

3.28%

-0.55%↓

Infosys Ltd.

Technology

9,54,334

110.79

2.95%

-0.04%↓

Larsen & Toubro Ltd.

Construction

2,63,595

107.45

2.87%

0.05%↑

Mahindra & Mahindra Ltd.

Automobile

3,05,529

93.05

2.48%

-0.03%↓

Bharti Airtel Ltd.

Communication

4,61,809

84.46

2.25%

-0.06%↓

Kotak Mahindra Bank Ltd.

Financial

20,44,798

78.56

2.10%

0.01%↑

NTPC Ltd.

Energy

17,67,833

68.4

1.82%

-0.05%↓

Sun Pharmaceutical Industries Ltd.

Healthcare

3,66,343

65.91

1.76%

0.07%↑

Apollo Hospitals Enterprise Ltd.

Healthcare

73,618

60.19

1.61%

0.11%↑

Samvardhana Motherson International Ltd.

Automobile

28,32,661

41.28

1.10%

0.32%↑

Shriram Finance Ltd

Financial

4,19,562

39.74

1.06%

0.25%↑

Eternal Ltd.

Services

15,82,815

39.66

1.06%

0.11%↑

Axis Bank Ltd.

Financial

2,93,618

37.78

1.01%

0.14%↑

Bajaj Finance Ltd.

Financial

3,90,277

35.45

0.95%

0.33%↑

SBI Life Insurance Company Ltd.

Insurance

1,91,036

34.96

0.93%

0.01%↑

Titan Company Ltd.

Consumer Discretionary

84,797

34.55

0.92%

-0.07%↓

Varun Beverages Ltd.

Consumer Staples

6,17,230

32.59

0.87%

0.03%↑

Sector

31 May 2026

30 Apr 2026

31 Mar 2026

28 Feb 2026

31 Jan 2026

31 Dec 2025

Financial

16.78%

17.49%

15.88%

16.75%

16.92%

16.03%

Energy

6.88%

7.24%

7.96%

7.52%

7.49%

8.02%

Automobile

5.05%

4.83%

3.89%

4.68%

4.76%

4.58%

Technology

5.01%

4.71%

5.29%

4.57%

5.85%

5.56%

Healthcare

4.78%

4.57%

4.43%

4.30%

3.89%

4.27%

Consumer Staples

4.22%

4.54%

4.24%

4.40%

4.28%

4.81%

Services

3.85%

3.53%

2.01%

1.68%

1.23%

1.10%

Construction

3.14%

3.34%

2.76%

3.60%

3.35%

3.61%

Communication

2.24%

1.92%

1.80%

1.86%

2.09%

Capital Goods

1.69%

2.13%

1.80%

2.30%

2.19%

2.25%

Chemicals

1.00%

1.06%

1.03%

1.12%

1.10%

1.17%

Consumer Discretionary

0.98%

0.89%

1.42%

1.48%

1.27%

1.40%

Materials

0.89%

0.62%

0.26%

0.27%

0.43%

0.49%

Insurance

0.80%

0.79%

0.83%

0.92%

0.98%

0.99%

Metals & Mining

0.54%

0.51%

0.53%

0.76%

0.77%

Rating

Fund