Axis Balanced Advantage Fund vs Axis Value Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Balanced Advantage Fund is a Balanced Advantage fund and Axis Value Fund is a Value and Contra fund. In the 3 years to 30-10-2026, Axis Balanced Advantage Fund (Direct) returned 11.5% a year and Axis Value Fund (Direct) returned 17.7% a year. Axis Balanced Advantage Fund charges 1.00% a year and Axis Value Fund 0.88% (Direct plans). Their portfolios overlap 50.0%: they hold 58 of the same securities.
Axis Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 11.5%
- Expense ratio
- 1.00%
- NAV
- ₹23.69
Which is better, Axis Balanced Advantage or Axis Value? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Value returned more over 5 years: 14.9% a year against 9.1%.
- Axis Value returned more over 3 years: 17.7% a year against 11.5%.
- Axis Value costs less: 0.88% a year against 1.00% (Direct plans).
- Axis Balanced Advantage swung less over 3 years: a standard deviation of 8.0% a year against 14.0%.
- Axis Balanced Advantage fell less in its worst fall since 28-09-2021: −9.6% against −20.2%.
- Axis Balanced Advantage is the larger fund: ₹3,651 Cr against ₹1,836 Cr.
- Their portfolios overlap 50.0%: 58 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 Value Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Axis Mutual Fund |
| Category | Balanced Advantage | Value and Contra |
| AUM | ₹3,651 Cr (30-09-2026) | ₹1,836 Cr (30-09-2026) |
| NAV | ₹23.69 (Direct) | ₹20.68 (Direct) |
| Expense ratio (Direct) | 1.00% | 0.88% |
| Expense ratio (Regular) | 2.18% | 2.22% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index | Nifty 500 TRI |
| Launch date | 01-08-2017 | 22-09-2021 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Jayesh Sundar, Devang Shah, Hardik Shah | Nitin Arora, Krishnaa N |
| 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 20% of the investment,1% will be charged for redemption within 12 months. |
Axis Balanced Advantage vs Axis Value: 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 Value Fund (Direct) | −0.67% | −2.13% | +3.50% | +1.22% | +17.74% | +14.91% | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | +8.35% | -- |
| Value and Contra average | −2.09% | −5.76% | −3.23% | −5.72% | +11.83% | +11.08% | -- |
Category average: the average of the 38 Balanced Advantage funds and the 30 Value and Contra funds, same plan type.
Axis Balanced Advantage vs Axis Value: Year-wise Returns
| Year | Balanced AdvantageAxis Balanced Advantage | ValueAxis Value |
|---|---|---|
| 2026to date | −2.35% | +0.88% |
| 2025 | +8.16% | +6.44% |
| 2024 | +18.99% | +29.70% |
| 2023 | +21.46% | +42.11% |
| 2022 | +0.91% | +0.48% |
| 2021 | +17.23% | -- |
Axis Balanced Advantage vs Axis Value: Rolling Returns
Every holding period of both funds, against Nifty 500 TRI, the benchmark of Axis Value Fund
Rolling returns
Every 3-year holding period, 520 of them, one for each trading day from 30-09-2024 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 Value Fund (Direct)
Nifty 500 TRI
to
Nov 2024Apr 2022
to
Apr 2025Aug 2022
to
Aug 2025Dec 2022
to
Dec 2025Apr 2023
to
Apr 2026Aug 2023
to
Aug 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Balanced Advantage | 0.0 | 0.0 | 0.0 | 59.6 | 40.4 | 0.0 | 0.0 | 14.4% | 14.4% | 10.4% | 17.9% | 25% |
| Axis Value | 0.0 | 0.0 | 0.0 | 0.0 | 14.2 | 67.7 | 18.1 | 22.8% | 23.0% | 16.2% | 30.5% | 100% |
| Nifty 500 TRI | 0.0 | 0.0 | 3.7 | 36.7 | 54.0 | 5.6 | 0.0 | 15.3% | 15.4% | 8.8% | 22.3% | -- |
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. The benchmark is Nifty 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 28-09-2021. Past returns do not promise future returns.
Axis Balanced Advantage vs Axis Value: 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 01-09-2021 to 30-10-2026: 62 instalments, ₹6,20,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis Balanced AdvantageAxis Balanced Advantage Fund (Direct) | ₹6,20,000 | ₹7,83,416 | ₹1,63,416 | 9.0% |
| Axis ValueAxis Value Fund (Direct) | ₹6,20,000 | ₹9,17,269 | ₹2,97,269 | 15.2% |
Axis Balanced AdvantageAxis Balanced Advantage Fund (Direct)
Axis ValueAxis Value 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 Balanced Advantage vs Axis Value: 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 Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | −1.41% | +1.22% |
| Standard deviation | 8.19% | 14.09% |
| Sharpe ratio | -0.81 | -0.29 |
| Sortino ratio | -1.10 | -0.38 |
| Maximum drawdown | −7.8% (30-03-2026) | −12.1% (30-03-2026) |
| Beta | -- | 0.96 |
| Alpha | -- | +8.07% |
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 Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +11.50% | +17.74% |
| Standard deviation | 8.03% | 14.05% |
| Sharpe ratio | 0.68 | 0.83 |
| Sortino ratio | 0.95 | 1.13 |
| Maximum drawdown | −7.8% (30-03-2026) | −17.1% (28-02-2025) |
| Beta | -- | 0.96 |
| Alpha | -- | +7.70% |
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 Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.11% | +14.91% |
| Standard deviation | 7.79% | 14.32% |
| Sharpe ratio | 0.42 | 0.64 |
| Sortino ratio | 0.58 | 0.86 |
| Maximum drawdown | −9.6% (17-06-2022) | −20.2% (20-06-2022) |
| Beta | -- | 0.96 |
| Alpha | -- | +6.22% |
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 Value Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.71% | +15.35% |
| Standard deviation | 8.12% | 14.41% |
| Sharpe ratio | 0.54 | 0.67 |
| Sortino ratio | 0.73 | 0.90 |
| Maximum drawdown | −17.2% (23-03-2020) | −20.2% (20-06-2022) |
| Beta | -- | 0.96 |
| Alpha | -- | +6.80% |
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 Value Fund (Direct)
Nifty 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Balanced Advantage Fund (Direct) | −9.6% | 17-01-2022 | 17-06-2022 | 15-11-2022 | 5 months | −3.9% |
| Axis Value Fund (Direct) | −20.2% | 17-01-2022 | 20-06-2022 | 30-11-2022 | 5 months | −6.0% |
| Nifty 500 TRI | −18.6% | 26-09-2024 | 28-02-2025 | Not yet | -- | −8.8% |
From daily values since 28-09-2021, 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 Value Fund (Direct)
Nifty 500 TRI
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 Value Fund (Direct)
Nifty 500 TRI
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 Value Fund (Direct)
Nifty 500 TRI
Against Nifty 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Axis Balanced Advantage Fund (Direct) | 66% | 47% | 7.28% |
| Axis Value Fund (Direct) | 115% | 87% | 4.00% |
From month-end values since 28-09-2021. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Axis Balanced Advantage vs Axis Value: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Balanced Advantage Fund, September 2026; Axis Value Fund, September 2026
Holdings in common
- Overlap
- 50.0%
- Held by both
- 58
- Only in Axis Balanced Advantage
- 93
- Only in Axis Value
- 28
| Security | % of Axis Balanced Advantage | % of Axis Value |
|---|---|---|
| ICICI Bank Limited | 5.81% | 5.28% |
| HDFC Bank Limited | 5.65% | 4.54% |
| Reliance Industries Limited | 4.43% | 3.22% |
| Bharti Airtel Limited | 2.38% | 2.41% |
| State Bank of India | 3.26% | 2.19% |
| Larsen & Toubro Limited | 2.20% | 2.04% |
| Infosys Limited | 2.20% | 1.90% |
| Mahindra & Mahindra Limited | 2.01% | 1.74% |
| NTPC Limited | 1.56% | 2.20% |
| Eternal Limited | 1.51% | 1.58% |
| Axis Bank Limited | 1.53% | 1.48% |
| Apollo Hospitals Enterprise Limited | 1.83% | 1.35% |
| Kotak Mahindra Bank Limited | 2.39% | 1.19% |
| Sun Pharmaceutical Industries Limited | 1.19% | 1.69% |
| Bajaj Finance Limited | 1.17% | 1.45% |
| Shriram Finance Limited | 0.91% | 2.43% |
| Samvardhana Motherson International Limited | 0.89% | 0.89% |
| Hindustan Aeronautics Limited | 0.87% | 0.87% |
| United Spirits Limited | 0.81% | 0.80% |
| TVS Motor Company Limited | 0.78% | 0.87% |
| Sona BLW Precision Forgings Limited | 0.76% | 2.29% |
| PNB Housing Finance Limited | 0.71% | 1.41% |
| SBI Life Insurance Company Limited | 0.71% | 0.62% |
| HDFC Life Insurance Company Limited | 0.60% | 0.66% |
| Cholamandalam Investment and Finance Company Ltd | 0.57% | 0.70% |
| Vijaya Diagnostic Centre Limited | 0.55% | 0.80% |
| Bajaj Auto Limited | 0.54% | 0.73% |
| The Phoenix Mills Limited | 0.96% | 0.53% |
| Premier Energies Limited | 0.50% | 1.10% |
| RBL Bank Limited | 0.49% | 1.59% |
| Dixon Technologies (India) Limited | 0.50% | 0.46% |
| UltraTech Cement Limited | 0.44% | 0.91% |
| InterGlobe Aviation Limited | 0.99% | 0.42% |
| Indus Towers Limited | 0.41% | 0.74% |
| Varun Beverages Limited | 0.63% | 0.38% |
| Amber Enterprises India Limited | 0.37% | 0.73% |
| Bharat Petroleum Corporation Limited | 0.36% | 0.85% |
| Tech Mahindra Limited | 0.33% | 1.64% |
| Piramal Pharma Limited | 0.32% | 0.40% |
| Coforge Limited | 0.32% | 0.47% |
| Torrent Pharmaceuticals Limited | 0.32% | 1.81% |
| Bharat Electronics Limited | 0.28% | 1.17% |
| CG Power and Industrial Solutions Limited | 0.67% | 0.27% |
| Tata Steel Limited | 0.57% | 0.26% |
| Multi Commodity Exchange of India Limited | 0.24% | 1.61% |
| Bajaj Finserv Limited | 0.22% | 0.66% |
| GE Vernova T&D India Limited | 0.21% | 0.97% |
| Minda Corporation Limited | 0.20% | 1.77% |
| ITC Limited | 0.70% | 0.19% |
| Fortis Healthcare Limited | 0.18% | 0.84% |
| Global Health Limited | 0.17% | 0.46% |
| Hindalco Industries Limited | 0.16% | 0.30% |
| Cipla Limited | 0.25% | 0.15% |
| The Federal Bank Limited | 0.13% | 0.83% |
| HCL Technologies Limited | 0.11% | 0.42% |
| Hyundai Motor India Ltd | 0.10% | 1.01% |
| Bharat Heavy Electricals Limited | 0.08% | 2.00% |
| IndusInd Bank Limited | 0.02% | 0.68% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 50.0% means 50.0% 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 Value Fund
| Security | % of fund |
|---|---|
| Welspun Corp Limited | 2.53% |
| Apar Industries Limited | 1.47% |
| Ather Energy Limited | 1.11% |
| City Union Bank Limited | 1.06% |
| TD Power Systems Limited | 1.05% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Balanced Advantage | Axis Value |
|---|---|---|
| Equity | 72.9% | 93.0% |
| Debt | 22.8% | 0.0% |
| Cash and others | 4.3% | 7.0% |
Market cap of stocks
| Market cap | Axis Balanced Advantage | Axis Value |
|---|---|---|
| Large Cap | 58.2% | 57.1% |
| Mid Cap | 9.1% | 15.3% |
| Small Cap | 5.3% | 19.5% |
| Not on AMFI's list | 0.3% | 1.1% |
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 Value |
|---|---|---|
| Banks | 19.3% | 21.4% |
| Electrical Equipment | 1.5% | 7.1% |
| Finance | 4.3% | 7.1% |
| Auto Components | 2.3% | 6.6% |
| Pharmaceuticals & Biotechnology | 3.1% | 5.6% |
| Automobiles | 4.2% | 5.5% |
| Petroleum Products | 4.8% | 4.1% |
| IT - Software | 3.6% | 4.7% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Balanced Advantage vs Axis Value: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Balanced Advantage Fund | Axis Value Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.00% | 0.88% |
| Base expense ratio (Direct) | 0.66% | 0.60% |
| Total expense ratio (Regular) | 2.18% | 2.22% |
| Base expense ratio (Regular) | 1.64% | 1.78% |
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 Balanced Advantage with
Axis Balanced Advantage Fund vs Axis Value Fund: Frequently Asked Questions
What is the difference between Axis Balanced Advantage Fund and Axis Value Fund?
Axis Balanced Advantage Fund is a Balanced Advantage fund, Axis Value Fund is a Value and Contra fund, run by Axis Mutual Fund. Their portfolios overlap 50.0%. Axis Balanced Advantage Fund charges 1.00% a year and Axis Value Fund 0.88%.
Which has given higher returns, Axis Balanced Advantage Fund or Axis Value Fund?
Over 1 year: Axis Balanced Advantage Fund −1.41%, Axis Value Fund +1.22%. Over 3 years: Axis Balanced Advantage Fund +11.50% a year, Axis Value Fund +17.74% a year. Over 5 years: Axis Balanced Advantage Fund +9.11% a year, Axis Value Fund +14.91% 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 Value Fund?
Axis Value Fund charges less: 0.88% a year against 1.00%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Balanced Advantage Fund and Axis Value Fund overlap?
50.0%. They hold 58 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 Value Fund?
On SEBI's riskometer, Axis Balanced Advantage Fund is rated Very High and Axis Value Fund Very High. Over 3 years, the standard deviation of daily returns was 8.03% and 14.05% a year.
Which is better for SIP, Axis Balanced Advantage Fund or Axis Value Fund?
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 ₹8,96,589 in Axis Value Fund (XIRR 15.2% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Axis Balanced Advantage Fund and Axis Value Fund?
Yes. 50.0% 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 Value Fund?
Axis Balanced Advantage Fund: Jayesh Sundar, Devang Shah, Hardik Shah. Axis Value Fund: Nitin Arora, 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.