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Mirae Asset Balanced Advantage Fund Direct - Growth

NAV as of Jul 21, 2025Returns since inceptionET Money RankAUM (Fund size)
14.18% p.a.
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1,854 Cr

Historical NAV & returns

NAV: ₹14.799 as on Jul 21, 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)1,854 Cr
Lock-in PeriodNil
Age3 yrs since Jul 21, 2022
BenchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index
Min. investment

SIP: 1000 & Lumpsum: 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 12, 2025

PeriodThis fundCategory average
1 Month 0.24% 0.13%
3 Months 4.29% 4.29%
6 Months 8.6% 7.35%
1 Year 7.79% 6.14%
2 Years 14.5% 15.28%

Asset allocationas on May 31, 2025

Large Cap 41.08%

Mid Cap 5.55%

Small Cap 6.85%

Other Cap 0%

Top sectors

Financial 18.38%

Energy 6.0%

Technology 5.45%

Automobile 4.97%

AAA 14.29050672%

Cash 14.18046636%

SOV 10.30986904%

Cash & Call Money 7.0455921%

Top Debt Holdings

GOI 10.31%

Power Finance Corporation Ltd. 4.26%

National Bank For Agriculture & Rural Development 4.13%

REC Ltd. 2.42%

Allocation by Instruments

Cash Margin 14.18046636%

GOI Securities 10.309869039999999%

Debenture 7.805419130000001%

Repo 5.81003579%

Other Holdings

Others 5.81%

Peer comparison

Fund nameETM RankAUMFund ageExpense ratio
Mirae Asset Balanced Advantage FundN.A.1,854 Cr3 yrs0.68%
Tata Balanced Advantage FundN.A.10,227 Cr6 yrs 6 m0.42%
ICICI Prudential Balanced Advantage FundN.A.62,528 Cr12 yrs 6 m0.85%
Franklin India Dynamic Asset Allocation FoFN.A.1,314 Cr12 yrs 6 m1.09%
Nippon India Balanced Advantage FundN.A.9,190 Cr12 yrs 6 m0.55%
Axis Balanced Advantage FundN.A.2,935 Cr8 yrs0.75%
Fund name1M6M1Y3Y5Y10Y
Mirae Asset Balanced Advantage Fund0.24%8.6%7.79%N.A.N.A.N.A.
Tata Balanced Advantage Fund0.22%6.29%4.67%13.76%14.98%8.6%
ICICI Prudential Balanced Advantage Fund-0.31%8.4%8.31%14.42%15.52%11.85%
Franklin India Dynamic Asset Allocation FoF-0.18%7.03%6.92%15.92%20.02%11.21%
Nippon India Balanced Advantage Fund0.16%7.19%6.06%14.81%15.64%10.79%
Axis Balanced Advantage Fund-0.3%6.27%7.44%16.24%14.77%8.8%
Fund nameStd. deviationBetaSharpeSortino
Mirae Asset Balanced Advantage FundN.A.N.A.N.A.N.A.
Tata Balanced Advantage Fund6.80.671.21.78
ICICI Prudential Balanced Advantage Fund5.650.541.492.24
Franklin India Dynamic Asset Allocation FoF6.730.641.542.2
Nippon India Balanced Advantage Fund7.260.711.251.75
Axis Balanced Advantage Fund7.790.741.351.97

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.