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Mirae Asset Balanced Advantage Fund Direct - Growth

NAV as of Jun 05, 2025Returns since inceptionET Money RankAUM (Fund size)
14.14% p.a.
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1,766 Crs

Historical NAV & returns

NAV: ₹14.535 as on Jun 05, 2025
This fund Category average
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This fund Category average

Mirae Asset Balanced Advantage Fund overview

Expense ratio0.68% as on May 31, 2025
Exit load1.0%info
Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days.!
AUM (Fund size)1,766 Crs
Lock-inNo Lockin
Age2 yrs 10 m since Jul 21, 2022
BenchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index
Min. investment

SIP 1000  &  Lump. 5000

RiskModerately HighModerately High Risk

Mirae Asset Balanced Advantage Fund Returns calculator

Investment type
Investment period
Investment period
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
  • Total investment ₹ 12 lakh
  • Profit ₹12 lakhs
  • Total corpus ₹1 lakh
  • Absolute return 52.69%

Trailing returns as on Jun 01, 2025

PeriodThis fundCategory average
1 Month 2.79% 2.6%
3 Months 7.9% 7.94%
6 Months 2.95% 1.23%
1 Year 11.04% 9.55%
2 Years 15.96% 16.86%

Asset allocationas on Mar 31, 2025

Large Cap 41.09985%

Mid Cap 6.254325%

Small Cap 6.80124%

Other Cap 0.00541500000000277%

Top sectors

Financial 18.72%

Energy 6.090000000000001%

Technology 5.62%

Healthcare 5.449999999999999%

Cash & Call Money 20.32997054%

AAA 12.10490176%

SOV 10.02815415%

A1+ 2.67065675%

Top Debt Holdings

GOI 10.03%

Canara Bank 2.67%

REC Ltd. 2.5%

Power Finance Corporation Ltd. 1.59%

Allocation by Instruments

Net Receivables 15.66073721%

GOI Securities 10.02815415%

Debenture 6.9715688899999995%

Repo 4.66923333%

Other Holdings

Others 15.66%

Peer comparison

Fund nameETM RankAUM (in Crs.)Fund ageExpense ratio
Mirae Asset Balanced Advantage FundN.A.₹1,766 Crs2 yrs 10 m0.68%
Tata Balanced Advantage FundN.A.₹10,075 Crs6 yrs 4 m0.42%
ICICI Prudential Balanced Advantage FundN.A.₹62,528 Crs12 yrs 5 m0.85%
Franklin India Dynamic Asset Allocation FoFN.A.₹1,301 Crs12 yrs 5 m1.09%
Nippon India Balanced Advantage FundN.A.₹9,049 Crs12 yrs 5 m0.55%
Axis Balanced Advantage FundN.A.₹2,935 Crs7 yrs 10 m0.75%
Fund name1M6M1Y3Y5Y10Y
Mirae Asset Balanced Advantage Fund2.79%2.95%11.04%N.A.N.A.N.A.
Tata Balanced Advantage Fund1.86%0.75%6.95%13.77%15.75%8.38%
ICICI Prudential Balanced Advantage Fund1.91%4.23%11.22%14.76%16.55%12.2%
Franklin India Dynamic Asset Allocation FoF2.13%2.2%10.13%16.38%20.68%11.54%
Nippon India Balanced Advantage Fund1.94%1.56%9.91%15.15%16.61%11.51%
Axis Balanced Advantage Fund1.49%1.75%12.68%16.69%15.62%8.7%
Fund nameStd. deviationBetaSharpeSortino
Mirae Asset Balanced Advantage FundN.A.N.A.N.A.N.A.
Tata Balanced Advantage Fund7.080.680.951.51
ICICI Prudential Balanced Advantage Fund5.770.541.292.02
Franklin India Dynamic Asset Allocation FoF7.140.661.251.83
Nippon India Balanced Advantage Fund7.420.711.081.64
Axis Balanced Advantage Fund8.040.751.171.86

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare Mirae Asset Balanced Advantage Fund in detail with

ET Money rank

in Dynamic Asset Allocation
#NA
Ranking for this fund is unavailable.
  • Return Outperformance: This fund has generated highest return amongst Dynamic Asset Allocation funds in the last 2 Years.
  • AUM Growth: This fund has the highest AUM growth in the last 12 months in Dynamic Asset Allocation category.
  • Return/Risk: The fund is performing poorly than its category.
  • Exit Load: Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days.