Mirae Asset Balanced Advantage Fund Direct Plan- Growth
Mirae Asset Investment Managers (India) Private Limited · Direct Plan · Growth
Fund overview
1% on or before 6M (180D), Nil after 6M (180D)
Returns & rankings
| Period | Fund Returns | Category Avg. | Rank | VS Category |
|---|---|---|---|---|
| … | ||||
Green = fund outperformed the category average for that period; red = underperformed. Periods under 1 year always show absolute (non-annualised) returns. Past performance does not guarantee future returns.
Return calculator
One-time investment
₹5,000
| Over the past | Total investment | Would've become | Returns |
|---|---|---|---|
| 1 Year | ₹5,000 | ₹5,508 | +508 |
| 3 Years | ₹5,000 | ₹6,683 | +1,683 |
| 5 Years | ₹5,000 | ₹8,109 | +3,109 |
Calculated using the fund's annualised return since inception (10.2% p.a.) as period-wise historical returns aren't available in the current feed. Actual returns fluctuate and are not guaranteed. Mutual fund investments are subject to market risks.
Holdings
133 securitiesTop 10 holdings make up 27.6% of the portfolio.
| Security | Sector | Market Cap | Weight |
|---|---|---|---|
| HDFC Bank Ltd | Banks | Large Cap | 4.70% |
| ICICI Bank Ltd | Banks | Large Cap | 3.52% |
| 7.18% Government of India (MD 14/08/2033) | Govt-Sec | — | 3.34% |
| TREPS | Cash/Deposits/Margins/Treps/Repo/Swaps | — | 3.19% |
| Bharti Airtel Ltd | Telecom - Services | Large Cap | 2.82% |
| Reliance Industries Ltd | Petroleum Products | Large Cap | 2.72% |
| State Bank Of India | Banks | Large Cap | 2.64% |
| 7.60% Torrent Pharmaceuticals Ltd. (MD 19/01/2029) | Health Care | — | 2.34% |
| 7.53% Bajaj Housing Finance Ltd. (MD 28/09/2029) | Finance | — | 2.33% |
| 7.63% Mindspace Business Parks Reit (MD 26/09/2028) | Finance | — | 2.31% |
Portfolio Allocation
Equity / Debt / Cash
Total Value
₹2,109 Cr
Market Cap Split
Total Value
100%
Equity sector allocation
Total Value
₹1,396 Cr
Debt sector allocation
Total Value
₹620 Cr
Allocation By Credit Quality (Debt)
Exit load, stamp duty & tax
21-Jul-22
1% on or before 6M (180D), Nil after 6M (180D)
0.005% (from July 1st, 2020)
Taxation depends on the fund category and holding period. Consult the scheme document or a tax advisor for details.
Risk & Performance Ratios (1Y)
| Standard Deviation | 5.94% |
| Beta | 0.58 |
| Sharpe Ratio | 2.70 |
| Sortino Ratio | 0.04 |
| Treynor Ratio | 0.28 |
| Jensen's Alpha | 6.62 |
| Information Ratio | 0.04 |
| R-Squared | 86.51% |
| Max Drawdown | -1.17% |
| Upside Capture | 85.58% |
| Downside Capture | 28.60% |
Fund management
Scheme Details
Investment objective
The Investment Objective Of The Scheme Is To Capitalize On The Potential Upside Of Equities Whileattempting To Limit The Downside By Dynamically Managing The Portfolio Through Investment In Equity &Equity Related Instruments And Active Use Of Debt, Money Market Instruments And Derivatives. However, There Is No Assurance Or Guarantee That The Investment Objective Of The Scheme Will Be Realized.
Fund house
Mirae Asset Investment Managers (India) Private Limited
Frequently asked questions
What is the NAV of Mirae Asset Balanced Advantage Fund Direct Plan- Growth?
The NAV of Mirae Asset Balanced Advantage Fund Direct Plan- Growth is ₹15.09 as of 21 Oct 2026. NAV is updated at the end of every trading day.
How much expense ratio is charged by Mirae Asset Balanced Advantage Fund Direct Plan- Growth?
The expense ratio charged by Mirae Asset Balanced Advantage Fund Direct Plan- Growth is 0.98%.
What is the Min. SIP of Mirae Asset Balanced Advantage Fund Direct Plan- Growth?
The minimum SIP investment in Mirae Asset Balanced Advantage Fund Direct Plan- Growth is ₹99 per month.
What is the Min. Lumpsum of Mirae Asset Balanced Advantage Fund Direct Plan- Growth?
The minimum lumpsum investment in Mirae Asset Balanced Advantage Fund Direct Plan- Growth is ₹5,000.
What is the Exit Load of Mirae Asset Balanced Advantage Fund Direct Plan- Growth?
The exit load for Mirae Asset Balanced Advantage Fund Direct Plan- Growth is: 1% on or before 6M (180D), Nil after 6M (180D)
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