Axis Balanced Advantage Fund Direct-Growth
Hybrid: Dynamic Asset Allocation - Growth (Open ended) 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.
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%↑ |
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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
74.2 / 100
Weighted average Quality score is 74.2. This indicates that portfolio has average quality using composite of quality measures.
QVM score
72.5 / 100
Weighted average QVM score is 72.5. This indicates that portfolio has average QVM score and hence a neutral stance is warranted.
Red Flags
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.