COMPARE
Axis Balanced Advantage Fund - Direct Plan - Growth vs Helios Balanced Advantage Fund- Direct Plan- Growth Option
Axis Balanced Advantage Fund and Helios Balanced Advantage Fund- are both in the Dynamic Asset Allocation or Balanced Advantage category, from Axis Asset Management Co. Ltd. and Helios Capital Asset Management (India) Pvt. Ltd. respectively. Axis Balanced Advantage Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Axis Balanced Advantage Fund has the lower direct-plan expense ratio, by 0.23 percentage points.
| Axis Balanced Advantage Fund - Direct Plan - Growth | Helios Balanced Advantage Fund- Direct Plan- Growth Option | |
|---|---|---|
| Category | Dynamic Asset Allocation or Balanced Advantage | Dynamic Asset Allocation or Balanced Advantage |
| AMC | Axis Asset Management Co. Ltd. | Helios Capital Asset Management (India) Pvt. Ltd. |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index | CRISIL Hybrid 50+50 - Moderate Index |
| NAV | ₹23.48 (2026-10-28) | ₹11.55 (2026-10-28) |
| AUM | ₹3,619.167 Cr | ₹260.132 Cr |
| Expense Ratio (Direct) | 1.07% | 1.3% |
| Inception | 2017-07-11 | 2024-03-11 |
Returns
Risk Metrics
This fund is less than three years old, so a three-year risk history does not exist yet.
Portfolio Analytics
Axis Balanced Advantage Fund carries the higher portfolio YTM.
| Axis Balanced Advantage Fund - Direct Plan - Growth | Helios Balanced Advantage Fund- Direct Plan- Growth Option | |
|---|---|---|
| P/E Ratio | 24.402 | 23.8677 |
| P/B Ratio | 6.656 | 15.3738 |
| Dividend Yield | 1.1233% | 0.7696% |
| Active Share | - | - |
| Portfolio Turnover | - | 271% |
| YTM | 7.9765% | 6.3309% |
| Duration (Macaulay) | 2.41 yrs | - |
Punji Fund Health Score
Helios Balanced Advantage Fund- has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a lower expense ratio, Axis Balanced Advantage Fund or Helios Balanced Advantage Fund-?
Axis Balanced Advantage Fund's direct-plan expense ratio is 0.23 percentage points lower than Helios Balanced Advantage Fund-'s. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Why don't Axis Balanced Advantage Fund and Helios Balanced Advantage Fund- show risk metrics like Sharpe ratio or alpha?
This fund is less than three years old, so a three-year risk history does not exist yet. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, Axis Balanced Advantage Fund or Helios Balanced Advantage Fund-?
Axis Balanced Advantage Fund has ₹3,619 Cr in assets under management, versus ₹260 Cr for Helios Balanced Advantage Fund-. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which has a higher yield to maturity (YTM), Axis Balanced Advantage Fund or Helios Balanced Advantage Fund-?
Axis Balanced Advantage Fund's portfolio YTM (7.9765%) is higher than Helios Balanced Advantage Fund-'s. YTM is the weighted-average return a debt fund's current bond holdings would earn if held to maturity, assuming no defaults and coupons reinvested at the same rate - a useful forward-looking yield estimate for debt funds the way rolling CAGR is for equity funds, though it's an estimate based on today's portfolio, not a guaranteed return, and can move as bonds are bought/sold or as interest rates change.
Which fund has a longer track record, Axis Balanced Advantage Fund or Helios Balanced Advantage Fund-?
Axis Balanced Advantage Fund launched on 2017-07-11, making it older than Helios Balanced Advantage Fund- (launched 2024-03-11). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.