COMPARE
Axis Balanced Advantage Fund - Direct Plan - Growth vs UTI - Unit Linked Insurance Plan- Direct
Axis Balanced Advantage Fund and UTI - Unit Linked Insurance Plan- Direct are both in the Dynamic Asset Allocation or Balanced Advantage category, from Axis Asset Management Co. Ltd. and UTI Asset Mgmt. Co. 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 0.04 percentage points.
| Axis Balanced Advantage Fund - Direct Plan - Growth | UTI - Unit Linked Insurance Plan- Direct | |
|---|---|---|
| Category | Dynamic Asset Allocation or Balanced Advantage | Dynamic Asset Allocation or Balanced Advantage |
| AMC | Axis Asset Management Co. Ltd. | UTI Asset Mgmt. Co. Ltd. |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| NAV | ₹23.48 (2026-10-28) | ₹45.5924 (2026-10-28) |
| AUM | ₹3,619.167 Cr | ₹4,868.434 Cr |
| Expense Ratio (Direct) | 1.07% | 1.11% |
| Inception | 2017-07-11 | 2003-02-01 |
Returns
Rolling returns are not available for this fund yet.
Risk Metrics
Portfolio Analytics
UTI - Unit Linked Insurance Plan- Direct carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| Axis Balanced Advantage Fund - Direct Plan - Growth | UTI - Unit Linked Insurance Plan- Direct | |
|---|---|---|
| P/E Ratio | 24.402 | 37.1333 |
| P/B Ratio | 6.656 | - |
| Dividend Yield | 1.1233% | 0.7434% |
| Active Share | - | - |
| Portfolio Turnover | - | - |
| YTM | 7.9765% | - |
| Duration (Macaulay) | 2.41 yrs | - |
Punji Fund Health Score
UTI - Unit Linked Insurance Plan- Direct has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a lower expense ratio, Axis Balanced Advantage Fund or UTI - Unit Linked Insurance Plan- Direct?
Axis Balanced Advantage Fund's direct-plan expense ratio is 0.04 percentage points lower than UTI - Unit Linked Insurance Plan- Direct'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.
Which has higher AUM, Axis Balanced Advantage Fund or UTI - Unit Linked Insurance Plan- Direct?
UTI - Unit Linked Insurance Plan- Direct has ₹4,868 Cr in assets under management, versus ₹3,619 Cr for Axis 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 fund has a longer track record, Axis Balanced Advantage Fund or UTI - Unit Linked Insurance Plan- Direct?
UTI - Unit Linked Insurance Plan- Direct launched on 2003-02-01, making it older than Axis Balanced Advantage Fund (launched 2017-07-11). 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.