Axis Balanced Advantage Fund vs Axis Retirement Fund - Aggressive Plan
Direct Plan, Growth option · Data as on 30-10-2026
Axis Balanced Advantage Fund is a Balanced Advantage fund and Axis Retirement Fund - Aggressive Plan is a Solution fund. In the 3 years to 30-10-2026, Axis Balanced Advantage Fund (Direct) returned 11.5% a year and Axis Retirement Fund - Aggressive Plan (Direct) returned 10.8% a year. Axis Balanced Advantage Fund charges 1.00% a year and Axis Retirement Fund - Aggressive Plan 1.26% (Direct plans). Their portfolios overlap 58.8%: they hold 76 of the same securities.
Axis Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 11.5%
- Expense ratio
- 1.00%
- NAV
- ₹23.69
Axis Retirement Fund - Aggressive Plan
Solution
- 3 year return
- 10.8%
- Expense ratio
- 1.26%
- NAV
- ₹19.59
Which is better, Axis Balanced Advantage or Axis Retirement Fund - Aggressive Plan? 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 6.7%.
- Axis Balanced Advantage returned more over 3 years: 11.5% a year against 10.8%.
- Axis Balanced Advantage costs less: 1.00% a year against 1.26% (Direct plans).
- Axis Balanced Advantage swung less over 3 years: a standard deviation of 8.0% a year against 10.9%.
- Axis Balanced Advantage fell less in its worst fall since 27-12-2019: −17.2% against −25.9%.
- Axis Balanced Advantage is the larger fund: ₹3,651 Cr against ₹666 Cr.
- Their portfolios overlap 58.8%: 76 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 Balanced Advantage Fund | Axis Retirement Fund - Aggressive Plan |
|---|---|---|
| Fund house | Axis Mutual Fund | Axis Mutual Fund |
| Category | Balanced Advantage | Solution |
| AUM | ₹3,651 Cr (30-09-2026) | ₹666 Cr (30-09-2026) |
| NAV | ₹23.69 (Direct) | ₹19.59 (Direct) |
| Expense ratio (Direct) | 1.00% | 1.26% |
| Expense ratio (Regular) | 2.18% | 2.51% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index | CRISIL Hybrid 25+75 - Aggressive Index |
| Launch date | 01-08-2017 | 20-12-2019 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | 5 years, or until retirement if earlier |
| Fund managers | Jayesh Sundar, Devang Shah, Hardik Shah | Jayesh Sundar, Devang Shah, Hardik Shah, Krishnaa N |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months. | Nil |
Axis Balanced Advantage vs Axis Retirement Fund - Aggressive Plan: 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 Balanced Advantage Fund (Direct) | +0.59% | −2.63% | +0.25% | −1.41% | +11.50% | +9.11% | -- |
| Axis Retirement Fund - Aggressive Plan (Direct) | +0.05% | −3.73% | −0.10% | −5.18% | +10.83% | +6.66% | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | +8.35% | -- |
Category average: the average of the 38 Balanced Advantage funds, same plan type.
Axis Balanced Advantage vs Axis Retirement Fund - Aggressive Plan: Year-wise Returns
| Year | Balanced AdvantageAxis Balanced Advantage | Retirement Fund - Aggressive PlanAxis Retirement Fund - Aggressive Plan |
|---|---|---|
| 2026to date | −2.35% | −4.53% |
| 2025 | +8.16% | +5.50% |
| 2024 | +18.99% | +20.73% |
| 2023 | +21.46% | +21.49% |
| 2022 | +0.91% | −5.62% |
| 2021 | +17.23% | +18.47% |
Axis Balanced Advantage vs Axis Retirement Fund - Aggressive Plan: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 953 of them, one for each trading day from 27-12-2022 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 Balanced Advantage Fund (Direct)
Axis Retirement Fund - Aggressive Plan (Direct)
to
Apr 2023Dec 2020
to
Dec 2023Aug 2021
to
Aug 2024Apr 2022
to
Apr 2025Nov 2022
to
Nov 2025Jul 2023
to
Jul 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 Balanced Advantage | 0.0 | 0.0 | 5.4 | 70.5 | 24.1 | 0.0 | 0.0 | 13.7% | 13.7% | 8.2% | 17.9% |
| Axis Retirement Fund - Aggressive Plan | 0.0 | 0.0 | 8.7 | 72.2 | 19.1 | 0.0 | 0.0 | 13.1% | 13.0% | 7.1% | 19.6% |
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 27-12-2019. Past returns do not promise future returns.
Axis Balanced Advantage vs Axis Retirement Fund - Aggressive Plan: 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 02-12-2019 to 30-10-2026: 83 instalments, ₹8,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis Balanced AdvantageAxis Balanced Advantage Fund (Direct) | ₹8,30,000 | ₹11,88,006 | ₹3,58,006 | 10.2% |
| Axis Retirement Fund - Aggressive PlanAxis Retirement Fund - Aggressive Plan (Direct) | ₹8,30,000 | ₹11,37,513 | ₹3,07,513 | 9.0% |
Axis Balanced AdvantageAxis Balanced Advantage Fund (Direct)
Axis Retirement Fund - Aggressive PlanAxis Retirement Fund - Aggressive Plan (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 Balanced Advantage vs Axis Retirement Fund - Aggressive Plan: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Balanced Advantage Fund (Direct) | Axis Retirement Fund - Aggressive Plan (Direct) |
|---|---|---|
| Return (CAGR) | −1.41% | −5.18% |
| Standard deviation | 8.19% | 11.31% |
| Sharpe ratio | -0.81 | -0.92 |
| Sortino ratio | -1.10 | -1.24 |
| Maximum drawdown | −7.8% (30-03-2026) | −11.9% (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 Balanced Advantage Fund (Direct) | Axis Retirement Fund - Aggressive Plan (Direct) |
|---|---|---|
| Return (CAGR) | +11.50% | +10.83% |
| Standard deviation | 8.03% | 10.95% |
| Sharpe ratio | 0.68 | 0.44 |
| Sortino ratio | 0.95 | 0.60 |
| Maximum drawdown | −7.8% (30-03-2026) | −14.0% (28-02-2025) |
| 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 Balanced Advantage Fund (Direct) | Axis Retirement Fund - Aggressive Plan (Direct) |
|---|---|---|
| Return (CAGR) | +9.11% | +6.66% |
| Standard deviation | 7.79% | 10.98% |
| Sharpe ratio | 0.42 | 0.08 |
| Sortino ratio | 0.58 | 0.11 |
| Maximum drawdown | −9.6% (17-06-2022) | −19.1% (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 Balanced Advantage Fund (Direct) | Axis Retirement Fund - Aggressive Plan (Direct) |
|---|---|---|
| Return (CAGR) | +9.71% | +10.31% |
| Standard deviation | 8.12% | 12.56% |
| Sharpe ratio | 0.54 | 0.41 |
| Sortino ratio | 0.73 | 0.55 |
| Maximum drawdown | −17.2% (23-03-2020) | −25.9% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 07-08-2017 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 Balanced Advantage Fund (Direct)
Axis Retirement Fund - Aggressive Plan (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Balanced Advantage Fund (Direct) | −17.2% | 13-02-2020 | 23-03-2020 | 09-10-2020 | 7 months | −3.9% |
| Axis Retirement Fund - Aggressive Plan (Direct) | −25.9% | 12-02-2020 | 23-03-2020 | 09-11-2020 | 8 months | −5.7% |
From daily values since 27-12-2019, 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 Balanced Advantage Fund (Direct)
Axis Retirement Fund - Aggressive Plan (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 Balanced Advantage Fund (Direct)
Axis Retirement Fund - Aggressive Plan (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 Balanced Advantage Fund (Direct)
Axis Retirement Fund - Aggressive Plan (Direct)
Axis Balanced Advantage vs Axis Retirement Fund - Aggressive Plan: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Balanced Advantage Fund, September 2026; Axis Retirement Fund - Aggressive Plan, September 2026
Holdings in common
- Overlap
- 58.8%
- Held by both
- 76
- Only in Axis Balanced Advantage
- 75
- Only in Axis Retirement Fund - Aggressive Plan
- 20
| Security | % of Axis Balanced Advantage | % of Axis Retirement Fund - Aggressive Plan |
|---|---|---|
| ICICI Bank Limited | 5.81% | 4.93% |
| HDFC Bank Limited | 5.65% | 4.66% |
| Reliance Industries Limited | 4.43% | 5.16% |
| Bharti Airtel Limited | 2.38% | 2.73% |
| Kotak Mahindra Bank Limited | 2.39% | 2.27% |
| State Bank of India | 3.26% | 2.12% |
| Larsen & Toubro Limited | 2.20% | 2.01% |
| Mahindra & Mahindra Limited | 2.01% | 2.14% |
| Infosys Limited | 2.20% | 1.82% |
| Eternal Limited | 1.51% | 1.47% |
| NTPC Limited | 1.56% | 1.40% |
| Axis Bank Limited | 1.53% | 1.28% |
| Bajaj Finance Limited | 1.17% | 1.69% |
| Apollo Hospitals Enterprise Limited | 1.83% | 1.13% |
| The Phoenix Mills Limited | 0.96% | 1.03% |
| Hindustan Aeronautics Limited | 0.87% | 0.99% |
| InterGlobe Aviation Limited | 0.99% | 0.86% |
| Shriram Finance Limited | 0.91% | 0.82% |
| Sun Pharmaceutical Industries Limited | 1.19% | 0.81% |
| Samvardhana Motherson International Limited | 0.89% | 0.77% |
| The Indian Hotels Company Limited | 1.02% | 0.76% |
| Sona BLW Precision Forgings Limited | 0.76% | 0.86% |
| United Spirits Limited | 0.81% | 0.75% |
| Britannia Industries Limited | 0.72% | 0.71% |
| PNB Housing Finance Limited | 0.71% | 1.22% |
| CG Power and Industrial Solutions Limited | 0.67% | 0.71% |
| Tata Power Company Limited | 0.70% | 0.66% |
| Indus Infra Trust | 0.89% | 0.64% |
| Varun Beverages Limited | 0.63% | 0.68% |
| Doms Industries Limited | 0.63% | 0.68% |
| HDFC Life Insurance Company Limited | 0.60% | 0.77% |
| Titan Company Limited | 0.62% | 0.57% |
| Pidilite Industries Limited | 0.56% | 1.22% |
| 7.88% Muthoot Finance Limited (22/11/2028) | 0.54% | 0.74% |
| Premier Energies Limited | 0.50% | 0.79% |
| Dixon Technologies (India) Limited | 0.50% | 0.73% |
| Mphasis Limited | 0.47% | 0.48% |
| Cholamandalam Investment and Finance Company Ltd | 0.57% | 0.44% |
| RBL Bank Limited | 0.49% | 0.44% |
| Divi's Laboratories Limited | 0.42% | 1.34% |
| Indus Towers Limited | 0.41% | 0.44% |
| ITC Hotels Limited | 0.40% | 0.43% |
| Mankind Pharma Limited | 0.38% | 0.70% |
| Amber Enterprises India Limited | 0.37% | 0.36% |
| Jubilant Foodworks Limited | 0.36% | 0.42% |
| Computer Age Management Services Limited | 0.33% | 0.37% |
| Info Edge (India) Limited | 0.33% | 0.50% |
| Tech Mahindra Limited | 0.33% | 0.49% |
| Hindustan Unilever Limited | 0.62% | 0.32% |
| Piramal Pharma Limited | 0.32% | 0.42% |
| Delhivery Limited | 0.32% | 0.35% |
| Coforge Limited | 0.32% | 0.36% |
| ITC Limited | 0.70% | 0.31% |
| REC Limited | 0.31% | 0.31% |
| Tata Steel Limited | 0.57% | 0.28% |
| Bharat Electronics Limited | 0.28% | 0.31% |
| TVS Motor Company Limited | 0.78% | 0.26% |
| Cipla Limited | 0.25% | 0.53% |
| Solar Industries India Limited | 0.25% | 1.53% |
| Kirloskar Oil Engines Limited | 0.22% | 0.42% |
| GE Vernova T&D India Limited | 0.21% | 0.25% |
| Exide Industries Limited | 0.21% | 0.26% |
| Tata Motors Ltd | 0.20% | 0.31% |
| Minda Corporation Limited | 0.20% | 1.29% |
| Tata Consultancy Services Limited | 0.19% | 0.50% |
| Maruti Suzuki India Limited | 0.52% | 0.18% |
| Fortis Healthcare Limited | 0.18% | 0.84% |
| Global Health Limited | 0.17% | 0.23% |
| Hindalco Industries Limited | 0.16% | 0.23% |
| 7.1% Government of India (08/04/2034) | 0.14% | 6.36% |
| Voltas Limited | 0.17% | 0.13% |
| HCL Technologies Limited | 0.11% | 0.15% |
| Hyundai Motor India Ltd | 0.10% | 0.22% |
| Awfis Space Solutions Limited | 0.10% | 0.35% |
| Titagarh Rail Systems Limited | 0.07% | 0.27% |
| PG Electroplast Limited | 0.02% | 0.43% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 58.8% means 58.8% 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 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% |
Largest holdings only in Axis Retirement Fund - Aggressive Plan
| Security | % of fund |
|---|---|
| 6.79% Government of India (07/10/2034) | 5.14% |
| 7.25% Government of India (12/06/2063) | 3.52% |
| 7.18% Government of India (24/07/2037) | 2.99% |
| 7.57% Government of India (17/06/2033) | 1.38% |
| 5% GMR Airports Limited (13/02/2027) | 1.04% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Balanced Advantage | Axis Retirement Fund - Aggressive Plan |
|---|---|---|
| Equity | 72.9% | 72.8% |
| Debt | 22.8% | 21.9% |
| Cash and others | 4.3% | 5.2% |
Market cap of stocks
| Market cap | Axis Balanced Advantage | Axis Retirement Fund - Aggressive Plan |
|---|---|---|
| Large Cap | 58.2% | 52.3% |
| Mid Cap | 9.1% | 10.8% |
| Small Cap | 5.3% | 9.8% |
| Not on AMFI's list | 0.3% | 0.0% |
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 Balanced Advantage | Axis Retirement Fund - Aggressive Plan |
|---|---|---|
| Banks | 19.3% | 15.7% |
| Petroleum Products | 4.8% | 5.2% |
| Finance | 4.3% | 4.9% |
| Pharmaceuticals & Biotechnology | 3.1% | 4.4% |
| Automobiles | 4.2% | 3.3% |
| IT - Software | 3.6% | 3.8% |
| Auto Components | 2.3% | 3.5% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Balanced Advantage vs Axis Retirement Fund - Aggressive Plan: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Balanced Advantage Fund | Axis Retirement Fund - Aggressive Plan |
|---|---|---|
| Total expense ratio (Direct) | 1.00% | 1.26% |
| Base expense ratio (Direct) | 0.66% | 1.00% |
| Total expense ratio (Regular) | 2.18% | 2.51% |
| Base expense ratio (Regular) | 1.64% | 2.05% |
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
Axis Balanced Advantage Fund vs Axis Retirement Fund - Aggressive Plan: Frequently Asked Questions
What is the difference between Axis Balanced Advantage Fund and Axis Retirement Fund - Aggressive Plan?
Axis Balanced Advantage Fund is a Balanced Advantage fund, Axis Retirement Fund - Aggressive Plan is a Solution fund, run by Axis Mutual Fund. Their portfolios overlap 58.8%. Axis Balanced Advantage Fund charges 1.00% a year and Axis Retirement Fund - Aggressive Plan 1.26%.
Which has given higher returns, Axis Balanced Advantage Fund or Axis Retirement Fund - Aggressive Plan?
Over 1 year: Axis Balanced Advantage Fund −1.41%, Axis Retirement Fund - Aggressive Plan −5.18%. Over 3 years: Axis Balanced Advantage Fund +11.50% a year, Axis Retirement Fund - Aggressive Plan +10.83% a year. Over 5 years: Axis Balanced Advantage Fund +9.11% a year, Axis Retirement Fund - Aggressive Plan +6.66% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Balanced Advantage Fund or Axis Retirement Fund - Aggressive Plan?
Axis Balanced Advantage Fund charges less: 1.00% a year against 1.26%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Balanced Advantage Fund and Axis Retirement Fund - Aggressive Plan overlap?
58.8%. They hold 76 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, Axis Balanced Advantage Fund or Axis Retirement Fund - Aggressive Plan?
On SEBI's riskometer, Axis Balanced Advantage Fund is rated Very High and Axis Retirement Fund - Aggressive Plan Very High. Over 3 years, the standard deviation of daily returns was 8.03% and 10.95% a year.
Which is better for SIP, Axis Balanced Advantage Fund or Axis Retirement Fund - Aggressive Plan?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,67,696 in Axis Balanced Advantage Fund (XIRR 9.0% a year) and ₹7,35,217 in Axis Retirement Fund - Aggressive Plan (XIRR 7.3% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Axis Balanced Advantage Fund and Axis Retirement Fund - Aggressive Plan?
Yes. 58.8% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Axis Balanced Advantage Fund and Axis Retirement Fund - Aggressive Plan?
Axis Balanced Advantage Fund: Jayesh Sundar, Devang Shah, Hardik Shah. Axis Retirement Fund - Aggressive Plan: Jayesh Sundar, Devang Shah, Hardik Shah, Krishnaa N.
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.