Axis Aggressive Hybrid Fund vs Axis Balanced Advantage Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Aggressive Hybrid Fund is an Aggressive Hybrid fund and Axis Balanced Advantage Fund is a Balanced Advantage fund. In the 3 years to 30-10-2026, Axis Aggressive Hybrid Fund (Direct) returned 9.8% a year and Axis Balanced Advantage Fund (Direct) returned 11.5% a year. Axis Aggressive Hybrid Fund charges 1.18% a year and Axis Balanced Advantage Fund 1.00% (Direct plans). Their portfolios overlap 60.4%: they hold 81 of the same securities.
Axis Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 9.8%
- Expense ratio
- 1.18%
- NAV
- ₹22.41
Axis Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 11.5%
- Expense ratio
- 1.00%
- NAV
- ₹23.69
Which is better, Axis Aggressive Hybrid or Axis Balanced Advantage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Balanced Advantage returned more over 5 years: 9.1% a year against 6.2%.
- Axis Balanced Advantage returned more over 3 years: 11.5% a year against 9.8%.
- Axis Balanced Advantage costs less: 1.00% a year against 1.18% (Direct plans).
- Axis Balanced Advantage swung less over 3 years: a standard deviation of 8.0% a year against 10.3%.
- Axis Balanced Advantage fell less in its worst fall since 16-08-2018: −17.2% against −28.0%.
- Axis Balanced Advantage is the larger fund: ₹3,651 Cr against ₹1,406 Cr.
- Their portfolios overlap 60.4%: 81 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis Aggressive Hybrid Fund | Axis Balanced Advantage Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Axis Mutual Fund |
| Category | Aggressive Hybrid | Balanced Advantage |
| AUM | ₹1,406 Cr (30-09-2026) | ₹3,651 Cr (30-09-2026) |
| NAV | ₹22.41 (Direct) | ₹23.69 (Direct) |
| Expense ratio (Direct) | 1.18% | 1.00% |
| Expense ratio (Regular) | 2.23% | 2.18% |
| Riskometer | Very High | Very High |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Launch date | 09-08-2018 | 01-08-2017 |
| Minimum investment | ₹500 | ₹100 |
| Lock in | None | None |
| Fund managers | Jayesh Sundar, Devang Shah, Aditya Pagaria, Krishnaa N | Jayesh Sundar, Devang Shah, Hardik Shah |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. |
Axis Aggressive Hybrid vs Axis Balanced Advantage: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis Aggressive Hybrid Fund (Direct) | +0.27% | −2.69% | +0.63% | −3.15% | +9.82% | +6.15% | -- |
| Axis Balanced Advantage Fund (Direct) | +0.59% | −2.63% | +0.25% | −1.41% | +11.50% | +9.11% | -- |
| Aggressive Hybrid average | −0.88% | −3.67% | −0.27% | −3.33% | +10.77% | +9.35% | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | +8.35% | -- |
Category average: the average of the 29 Aggressive Hybrid funds and the 38 Balanced Advantage funds, same plan type.
Axis Aggressive Hybrid vs Axis Balanced Advantage: Year-wise Returns
| Year | Aggressive HybridAxis Aggressive Hybrid | Balanced AdvantageAxis Balanced Advantage |
|---|---|---|
| 2026to date | −2.90% | −2.35% |
| 2025 | +7.15% | +8.16% |
| 2024 | +15.99% | +18.99% |
| 2023 | +15.56% | +21.46% |
| 2022 | −3.95% | +0.91% |
| 2021 | +25.04% | +17.23% |
Axis Aggressive Hybrid vs Axis Balanced Advantage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 1,290 of them, one for each trading day from 16-08-2021 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Axis Aggressive Hybrid Fund (Direct)
Axis Balanced Advantage Fund (Direct)
to
Jan 2022Dec 2019
to
Dec 2022Oct 2020
to
Oct 2023Sept 2021
to
Sept 2024Jul 2022
to
Jul 2025May 2023
to
May 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Aggressive Hybrid | 0.0 | 0.0 | 14.1 | 58.8 | 22.7 | 4.4 | 0.0 | 13.2% | 12.4% | 6.8% | 22.4% |
| Axis Balanced Advantage | 0.0 | 0.0 | 13.2 | 69.0 | 17.8 | 0.0 | 0.0 | 12.9% | 13.2% | 7.5% | 17.9% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 16-08-2018. Past returns do not promise future returns.
Axis Aggressive Hybrid vs Axis Balanced Advantage: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 16-08-2018 to 30-10-2026: 99 instalments, ₹9,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis Aggressive HybridAxis Aggressive Hybrid Fund (Direct) | ₹9,90,000 | ₹14,89,660 | ₹4,99,660 | 9.7% |
| Axis Balanced AdvantageAxis Balanced Advantage Fund (Direct) | ₹9,90,000 | ₹15,26,888 | ₹5,36,888 | 10.3% |
Axis Aggressive HybridAxis Aggressive Hybrid Fund (Direct)
Axis Balanced AdvantageAxis Balanced Advantage Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Axis Aggressive Hybrid vs Axis Balanced Advantage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Aggressive Hybrid Fund (Direct) | Axis Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −3.15% | −1.41% |
| Standard deviation | 10.33% | 8.19% |
| Sharpe ratio | -0.81 | -0.81 |
| Sortino ratio | -1.09 | -1.10 |
| Maximum drawdown | −10.3% (30-03-2026) | −7.8% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Aggressive Hybrid Fund (Direct) | Axis Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.82% | +11.50% |
| Standard deviation | 10.27% | 8.03% |
| Sharpe ratio | 0.37 | 0.68 |
| Sortino ratio | 0.51 | 0.95 |
| Maximum drawdown | −13.1% (28-02-2025) | −7.8% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Aggressive Hybrid Fund (Direct) | Axis Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.15% | +9.11% |
| Standard deviation | 10.56% | 7.79% |
| Sharpe ratio | 0.03 | 0.42 |
| Sortino ratio | 0.04 | 0.58 |
| Maximum drawdown | −17.3% (17-06-2022) | −9.6% (17-06-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Aggressive Hybrid Fund (Direct) | Axis Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.32% | +9.71% |
| Standard deviation | 12.16% | 8.12% |
| Sharpe ratio | 0.42 | 0.54 |
| Sortino ratio | 0.56 | 0.73 |
| Maximum drawdown | −28.0% (23-03-2020) | −17.2% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 16-08-2018 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Axis Aggressive Hybrid Fund (Direct)
Axis Balanced Advantage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Aggressive Hybrid Fund (Direct) | −28.0% | 12-02-2020 | 23-03-2020 | 05-11-2020 | 7 months | −4.5% |
| Axis Balanced Advantage Fund (Direct) | −17.2% | 13-02-2020 | 23-03-2020 | 09-10-2020 | 7 months | −3.9% |
From daily values since 16-08-2018, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Aggressive Hybrid Fund (Direct)
Axis Balanced Advantage Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Aggressive Hybrid Fund (Direct)
Axis Balanced Advantage Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Aggressive Hybrid Fund (Direct)
Axis Balanced Advantage Fund (Direct)
Axis Aggressive Hybrid vs Axis Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Aggressive Hybrid Fund, September 2026; Axis Balanced Advantage Fund, September 2026
Holdings in common
- Overlap
- 60.4%
- Held by both
- 81
- Only in Axis Aggressive Hybrid
- 42
- Only in Axis Balanced Advantage
- 70
| Security | % of Axis Aggressive Hybrid | % of Axis Balanced Advantage |
|---|---|---|
| ICICI Bank Limited | 4.82% | 5.81% |
| HDFC Bank Limited | 4.55% | 5.65% |
| Reliance Industries Limited | 4.73% | 4.43% |
| Bharti Airtel Limited | 2.75% | 2.38% |
| Kotak Mahindra Bank Limited | 2.20% | 2.39% |
| State Bank of India | 2.05% | 3.26% |
| Mahindra & Mahindra Limited | 2.09% | 2.01% |
| Larsen & Toubro Limited | 1.98% | 2.20% |
| Infosys Limited | 1.77% | 2.20% |
| Eternal Limited | 1.41% | 1.51% |
| NTPC Limited | 1.37% | 1.56% |
| Axis Bank Limited | 1.28% | 1.53% |
| Apollo Hospitals Enterprise Limited | 1.25% | 1.83% |
| Bajaj Finance Limited | 1.66% | 1.17% |
| The Phoenix Mills Limited | 0.99% | 0.96% |
| Indus Infra Trust | 1.80% | 0.89% |
| Hindustan Aeronautics Limited | 0.97% | 0.87% |
| InterGlobe Aviation Limited | 0.83% | 0.99% |
| Sun Pharmaceutical Industries Limited | 0.80% | 1.19% |
| Sona BLW Precision Forgings Limited | 0.87% | 0.76% |
| Shriram Finance Limited | 0.76% | 0.91% |
| Samvardhana Motherson International Limited | 0.76% | 0.89% |
| The Indian Hotels Company Limited | 0.74% | 1.02% |
| United Spirits Limited | 0.73% | 0.81% |
| PNB Housing Finance Limited | 1.20% | 0.71% |
| 8.75% Bharti Telecom Limited (05/11/2029) | 1.79% | 0.69% |
| Britannia Industries Limited | 0.69% | 0.72% |
| CG Power and Industrial Solutions Limited | 0.69% | 0.67% |
| Tata Power Company Limited | 0.67% | 0.70% |
| Doms Industries Limited | 1.01% | 0.63% |
| Varun Beverages Limited | 0.66% | 0.63% |
| HDFC Life Insurance Company Limited | 0.73% | 0.60% |
| Cholamandalam Investment and Finance Company Ltd | 1.90% | 0.57% |
| Titan Company Limited | 0.56% | 0.62% |
| Pidilite Industries Limited | 0.56% | 0.56% |
| Premier Energies Limited | 0.87% | 0.50% |
| Dixon Technologies (India) Limited | 0.74% | 0.50% |
| RBL Bank Limited | 0.48% | 0.49% |
| Mphasis Limited | 0.46% | 0.47% |
| SBI Life Insurance Company Limited | 0.45% | 0.71% |
| Divi's Laboratories Limited | 1.32% | 0.42% |
| Indus Towers Limited | 0.43% | 0.41% |
| 7.4% Small Industries Dev Bank of India (18/06/2031) | 0.70% | 0.40% |
| ITC Hotels Limited | 0.42% | 0.40% |
| Mankind Pharma Limited | 0.69% | 0.38% |
| FSN E-Commerce Ventures Limited | 0.57% | 0.38% |
| Jubilant Foodworks Limited | 0.41% | 0.36% |
| Amber Enterprises India Limited | 0.34% | 0.37% |
| Tech Mahindra Limited | 0.46% | 0.33% |
| Computer Age Management Services Limited | 0.36% | 0.33% |
| Info Edge (India) Limited | 0.36% | 0.33% |
| Piramal Pharma Limited | 0.41% | 0.32% |
| Delhivery Limited | 0.34% | 0.32% |
| Coforge Limited | 0.33% | 0.32% |
| Torrent Pharmaceuticals Limited | 0.33% | 0.32% |
| ITC Limited | 0.31% | 0.70% |
| Vijaya Diagnostic Centre Limited | 0.30% | 0.55% |
| Embassy Office Parks REIT | 0.29% | 0.96% |
| Bharat Electronics Limited | 0.31% | 0.28% |
| REC Limited | 0.28% | 0.31% |
| 8.65% TVS Holdings Limited (07/06/2029) | 0.71% | 0.27% |
| Hindustan Unilever Limited | 0.27% | 0.62% |
| Cipla Limited | 0.45% | 0.25% |
| Tata Steel Limited | 0.25% | 0.57% |
| Kirloskar Oil Engines Limited | 0.41% | 0.22% |
| Exide Industries Limited | 0.26% | 0.21% |
| GE Vernova T&D India Limited | 0.24% | 0.21% |
| Tata Motors Ltd | 0.29% | 0.20% |
| Minda Corporation Limited | 0.20% | 0.20% |
| Tata Consultancy Services Limited | 0.48% | 0.19% |
| Maruti Suzuki India Limited | 0.18% | 0.52% |
| Global Health Limited | 0.22% | 0.17% |
| Hindalco Industries Limited | 0.23% | 0.16% |
| Voltas Limited | 0.13% | 0.17% |
| HCL Technologies Limited | 0.14% | 0.11% |
| Awfis Space Solutions Limited | 0.34% | 0.10% |
| Hyundai Motor India Ltd | 0.22% | 0.10% |
| Titagarh Rail Systems Limited | 0.26% | 0.07% |
| Bajaj Finserv Limited | 0.06% | 0.22% |
| 7.4% Power Finance Corporation Limited (08/05/2030) | 0.21% | 0.05% |
| PG Electroplast Limited | 0.37% | 0.02% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 60.4% means 60.4% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis Aggressive Hybrid Fund
| Security | % of fund |
|---|---|
| 9.15% Piramal Finance Limited (17/06/2027) | 2.85% |
| 7.55% Poonawalla Fincorp Limited (25/03/2027) | 1.77% |
| 9.5% Kogta Financial (India) Limited (30/10/2027) | 1.76% |
| 7.87% Bajaj Finance Limited (08/02/2034) | 1.73% |
| 5% GMR Airports Limited (13/02/2027) | 1.32% |
Largest holdings only in Axis Balanced Advantage Fund
| Security | % of fund |
|---|---|
| Cholamandalam Investment and Finance Company Ltd (27/02/2029) (FRN) | 1.78% |
| 7.61% Government of India (09/05/2030) | 1.40% |
| 7.97% Mankind Pharma Limited (16/11/2027) | 1.37% |
| 8.4% Muthoot Finance Limited (28/08/2028) | 1.36% |
| 8.11% Pilani Investment and Industries Corporation Limited (24/04/2029) | 1.35% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Aggressive Hybrid | Axis Balanced Advantage |
|---|---|---|
| Equity | 71.4% | 72.9% |
| Debt | 21.3% | 22.8% |
| Cash and others | 7.2% | 4.3% |
Market cap of stocks
| Market cap | Axis Aggressive Hybrid | Axis Balanced Advantage |
|---|---|---|
| Large Cap | 50.8% | 58.2% |
| Mid Cap | 9.6% | 9.1% |
| Small Cap | 11.1% | 5.3% |
| Not on AMFI's list | 0.0% | 0.3% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Axis Aggressive Hybrid | Axis Balanced Advantage |
|---|---|---|
| Banks | 15.4% | 19.3% |
| Finance | 6.1% | 4.3% |
| Petroleum Products | 4.7% | 4.8% |
| Pharmaceuticals & Biotechnology | 4.2% | 3.1% |
| Automobiles | 3.0% | 4.2% |
| IT - Software | 3.6% | 3.6% |
| Auto Components | 3.4% | 2.3% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Aggressive Hybrid vs Axis Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Aggressive Hybrid Fund | Axis Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.18% | 1.00% |
| Base expense ratio (Direct) | 0.94% | 0.66% |
| Total expense ratio (Regular) | 2.23% | 2.18% |
| Base expense ratio (Regular) | 1.83% | 1.64% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Axis Aggressive Hybrid with
Axis Aggressive Hybrid Fund vs Axis Balanced Advantage Fund: Frequently Asked Questions
What is the difference between Axis Aggressive Hybrid Fund and Axis Balanced Advantage Fund?
Axis Aggressive Hybrid Fund is an Aggressive Hybrid fund, Axis Balanced Advantage Fund is a Balanced Advantage fund, run by Axis Mutual Fund. Their portfolios overlap 60.4%. Axis Aggressive Hybrid Fund charges 1.18% a year and Axis Balanced Advantage Fund 1.00%.
Which has given higher returns, Axis Aggressive Hybrid Fund or Axis Balanced Advantage Fund?
Over 1 year: Axis Aggressive Hybrid Fund −3.15%, Axis Balanced Advantage Fund −1.41%. Over 3 years: Axis Aggressive Hybrid Fund +9.82% a year, Axis Balanced Advantage Fund +11.50% a year. Over 5 years: Axis Aggressive Hybrid Fund +6.15% a year, Axis Balanced Advantage Fund +9.11% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Aggressive Hybrid Fund or Axis Balanced Advantage Fund?
Axis Balanced Advantage Fund charges less: 1.00% a year against 1.18%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Aggressive Hybrid Fund and Axis Balanced Advantage Fund overlap?
60.4%. They hold 81 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Axis Aggressive Hybrid Fund or Axis Balanced Advantage Fund?
On SEBI's riskometer, Axis Aggressive Hybrid Fund is rated Very High and Axis Balanced Advantage Fund Very High. Over 3 years, the standard deviation of daily returns was 10.27% and 8.03% a year.
Which is better for SIP, Axis Aggressive Hybrid Fund or Axis Balanced Advantage Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,26,484 in Axis Aggressive Hybrid Fund (XIRR 6.8% a year) and ₹7,67,696 in Axis Balanced Advantage Fund (XIRR 9.0% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Axis Aggressive Hybrid Fund and Axis Balanced Advantage Fund?
Yes. 60.4% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Axis Aggressive Hybrid Fund and Axis Balanced Advantage Fund?
Axis Aggressive Hybrid Fund: Jayesh Sundar, Devang Shah, Aditya Pagaria, Krishnaa N. Axis Balanced Advantage Fund: Jayesh Sundar, Devang Shah, Hardik Shah.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.