HealthyDirect · GrowthFit for a long SIP
Axis Balanced Advantage Fund
Axis Mutual FundHybrid Schemes - Balanced Advantage Fund/ Dynamic Asset Allocation9.2 years
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.
- NAV
- 23.41
- 26 Oct 2026
- 1Y
- -2.1%
- Trailing CAGR
- AUM
- ₹3,651.14 Cr
- 30 Sept 2026
- Volatility
- Medium
- 8.2% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 26 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Pass
9.2 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
1.00% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -17.2%. Ask whether you can hold through a similar fall.
Vs category
Watch
47% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Devang Shah · 2.6 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 44.7% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 17%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-2.1%
- 3Y+11.5%
- 5Y+8.7%
- 10Yn/a
- SI+9.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-3.7%
- 3Y+4.0%
- 5Y+8.7%
- 10Yn/a
- Since inception
- +9.6%
- Calendar-day CAGR
- Excess 1Y
- +1.3%
- Category median, same plan and option
- 3Y win rate
- +47%
- Windows beating the median
- 3Y percentile
- 100
- Vs comparable share classes
- SIP 3Y XIRR
- +4.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +4.4%
- 1542 daily-ending windows
- Median rolling 3Y
- +12.7%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1045 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -17.2%
- Worst peak-to-trough
- Current
- -5.0%
- Below last peak
- Current spell
- 84 days
- Days below latest peak
- Time below peak
- +83%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 12 days
- 129 recovered episodes
- Longest recovery
- 209 days
- Trough to prior peak
13 Feb 2020 – 9 Oct 2020
Trough 23 Mar 2020 · recovered in 200 days
-17.2%
17 Jan 2022 – 15 Nov 2022
Trough 17 Jun 2022 · recovered in 151 days
-9.6%
28 Aug 2018 – 20 May 2019
Trough 23 Oct 2018 · recovered in 209 days
-9.0%
2 Jan 2026 – 3 Aug 2026
Trough 30 Mar 2026 · recovered in 126 days
-7.8%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
100
Vs category
58
Consistency
51
Risk-adjusted
49
Drawdown
57
Mean
63
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- Three-year return is above the category median.
Portfolio
30 Sept 2026 · 154 holdings · top 10 are 44.7%.
- Top 5
- 33.5%
- Top 10
- 44.7%
- Largest holding
- 14.3%
- Effective holdings
- 26.2
Net Receivables
Unspecified
14.3%
ICICI Bank Ltd
Financial
5.8%
HDFC Bank Ltd
Financial
5.7%
Reliance Industries Ltd
Energy & Utilities
4.4%
State Bank of India
Financial
3.3%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Mirae Asset Balanced Advantage Fund
Mirae Asset Mutual Fund
- 1Y
- +0.1%
- 3Y
- +10.0%
- Vol
- 7.1%
- Max DD
- -7.5%
- Sharpe
- 0.59
- 3Y win
- +72%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
WhiteOak Capital Balanced Advantage Fund
WhiteOak Capital Mutual Fund
- 1Y
- -1.4%
- 3Y
- +11.4%
- Vol
- 7.9%
- Max DD
- -9.6%
- Sharpe
- 0.77
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Mahindra Manulife Balanced Advantage Fund
Mahindra Manulife Mutual Fund
- 1Y
- -1.2%
- 3Y
- +11.0%
- Vol
- 9.5%
- Max DD
- -9.8%
- Sharpe
- 0.40
- 3Y win
- +93%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Higher volatility · Lower trailing returns
Helios Balanced Advantage Fund
Helios Mutual Fund
- 1Y
- -3.3%
- 3Y
- n/a
- Vol
- 10.6%
- Max DD
- -11.1%
- Sharpe
- 0.00
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher volatility · Higher TER · Lower trailing returns
UTI Balanced Advantage Fund
UTI Mutual Fund
- 1Y
- -4.7%
- 3Y
- +8.5%
- Vol
- 7.7%
- Max DD
- -10.5%
- Sharpe
- 0.31
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns