Mirae Asset Balanced Advantage Fund

Q: What are the returns of this mutual fund scheme?

The Mirae Asset Balanced Advantage Fund is a 3 yrs 6 m old fund and has delivered average annual returns of 10.84% since inception. Mirae Asset Balanced Advantage Fund Returns 1-Year 3-Year Since Inception 8.46% 12.14% 10.84%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹14.313-0.6% 1 day change	10.84% p.a.	App exclusive #NA View Ranked Funds	₹2,021 Cr

Historical NAV & returns

NAV: ₹14.313 as on Feb 02, 2026

This fund Category average

Mirae Asset Balanced Advantage Fund overview

AUM (Fund size)	₹2,021 Cr
Exit load	1.0% Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days.!
Lock-in Period	Nil
Age	3 yrs 6 m since Jul 21, 2022
Benchmark	NIFTY 50 Hybrid Composite Debt 50:50 Index
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	2.05% as on Feb 02, 2026
Plan type	Regular
Risk	Very High

Mirae Asset Balanced Advantage Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

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 Feb 03, 2026

Period	This fund	Category average
1 Month	-2.13%	-2.78%
3 Months	-1.0%	-2.21%
6 Months	1.82%	0.4%
1 Year	8.46%	5.64%
2 Years	8.32%	6.8%
3 Years	12.14%	11.19%

Asset allocationas on Dec 31, 2025

Large Cap 39.58%

Mid Cap 6%

Small Cap 5.98%

Other Cap 0%

Top holdings

HDFC Bank Ltd.5.58%

State Bank of India3.2%

ICICI Bank Ltd.2.83%

Bharti Airtel Ltd.2.37%

Top sectors

Financial 18.03%

Services 5.779999999999999%

Automobile 5.3999999999999995%

Healthcare 5.15%

AAA 15.38630801%

Cash 14.32693161%

SOV 11.64396695%

Cash & Call Money 3.37532502%

Top Debt Holdings

GOI 10.45%

Power Finance Corporation Ltd. 3.87%

REC Ltd. 2.2%

National Housing Bank 1.25%

Allocation by Instruments

Cash Margin 14.32693161%

Debenture 13.002890159999998%

GOI Securities 10.44842638%

Repo 2.42638961%

Other Holdings

Others 0.95%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mirae Asset Balanced Advantage Fund	-2.13%	1.82%	8.46%	12.14%	N.A.	N.A.
ICICI Prudential Balanced Advantage Fund	-2.3%	3.64%	10.16%	13.1%	11.69%	11.91%
Franklin India Dynamic Asset Allocation Active FoF	-2.57%	-0.02%	5.51%	12.65%	14.0%	10.49%
Axis Balanced Advantage Fund	-2.62%	1.83%	5.74%	13.92%	10.53%	7.71%
Tata Balanced Advantage Fund	-2.85%	1.02%	5.5%	10.42%	9.73%	7.47%
DSP Dynamic Asset Allocation Fund	-1.4%	2.34%	8.1%	12.24%	8.8%	9.47%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mirae Asset Balanced Advantage Fund	6.75	0.7	0.88	1.32
ICICI Prudential Balanced Advantage Fund	5.47	0.56	1.22	1.74
Franklin India Dynamic Asset Allocation Active FoF	6.27	0.63	1.01	1.53
Axis Balanced Advantage Fund	7.26	0.73	1.06	1.73
Tata Balanced Advantage Fund	6.51	0.68	0.67	0.99
DSP Dynamic Asset Allocation Fund	5.63	0.55	1.04	2.05

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Mirae Asset Balanced Advantage Fund	N.A.	2,021 Cr	3 yrs 6 m	2.05%
ICICI Prudential Balanced Advantage Fund	N.A.	70,535 Cr	19 yrs 2 m	1.43%
Franklin India Dynamic Asset Allocation Active FoF	N.A.	1,301 Cr	22 yrs 3 m	2.14%
Axis Balanced Advantage Fund	N.A.	3,816 Cr	8 yrs 6 m	1.91%
Tata Balanced Advantage Fund	N.A.	9,691 Cr	7 yrs	1.73%
DSP Dynamic Asset Allocation Fund	N.A.	3,709 Cr	12 yrs	1.88%

View all Dynamic Asset Allocation funds

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

Alpha	1.16 vs. 3.26 Underperformed at beating benchmark
Sharpe	0.88 vs. 3.04 Poor risk-adjusted returns
Beta	0.7 vs. 0.68 More sensitive to market's ups & downs
Standard deviation	6.75 vs. 5.55 More volatile performance

Compare Mirae Asset Balanced Advantage Fund in detail with

About this fund

About Mirae Asset Balanced Advantage Fund

Mirae Asset Balanced Advantage Fund is a Dynamic Asset Allocation mutual fund scheme from Mirae Asset Mutual Fund. This fund has been in existence for 3 yrs 6 m, having been launched on 21/07/2022. Mirae Asset Balanced Advantage Fund has ₹2,021 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mirae Asset Balanced Advantage Fund as of 02/02/2026 is ₹14.31. The fund has an expense ratio of 2.05%, which is higher than what most other Dynamic Asset Allocation funds charge. Currently, the fund has a 51.56% allocation to equity and 30.74% to Debt.

Mirae Asset Balanced Advantage Fund returns of last 1-year are 8.02%. Since launch, it has delivered 10.85% average annual returns.
Mirae Asset Balanced Advantage Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's equity portion is primarily invested in Financial, Services, Automobile, Healthcare, Energy sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in GOI, HDFC Bank Ltd., State Bank of India, ICICI Bank Ltd., Bharti Airtel Ltd..

...

Fund AUM	2,021 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Mahendra Kumar Jajoo

Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA. Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.

Harshad Borawake

Mr. Borawake is MBA(Finance) & B.E.(Polymers) Prior to joining Mirae Asset Mutual Fund, he has worked with Motilal Oswal Securities Ltd. as Vice President and Capmetrics & Risk Solutions Private Ltd. as Research Analyst - Equity.

Investment objective

The scheme seeks to capitalize on the potential upside of equities while attempting 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.

Mirae Asset Mutual Fund details

No. of schemes	48 view all schemes
Total AUM	2,29,565 Cr as on Dec 31, 2025
Address	Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai, 400098
Phone	022-67800301 / 1800-2090-777

More funds from Mirae Asset Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
Mirae Asset Aggressive Hybrid Fund	N.A.	9,538 Cr	9.97%	11.7%
Mirae Asset Equity Savings Fund	N.A.	1,865 Cr	8.53%	9.71%
Mirae Asset Arbitrage Fund	N.A.	4,154 Cr	6.02%	5.73%
Mirae Asset Multi Asset Allocation Fund	N.A.	2,815 Cr	18.13%	N.A.

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of Mirae Asset Balanced Advantage Fund?

The current Net Asset Value (NAV) of the Mirae Asset Balanced Advantage Fund plan is approximately ₹14.313 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Mirae Asset Balanced Advantage Fund is a 3 yrs 6 m old fund and has delivered average annual returns of 10.84% since inception.

Mirae Asset Balanced Advantage Fund Returns

1-Year	3-Year	Since Inception
8.46%	12.14%	10.84%

How much does this mutual fund charge as expense ratio?

The Mirae Asset Balanced Advantage Fund has an expense ratio of 2.05%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The Mirae Asset Balanced Advantage Fund currently has assets under management (AUM) or fund size valued at approximately 2,021 Cr as on Dec 31, 2025.

What are the top stock holdings of Mirae Asset Balanced Advantage Fund?

The Mirae Asset Balanced Advantage Fund's equity portion has been invested in the stocks of the following companies

Company	Percentage of Portfolio
HDFC Bank Ltd.	5.58%
State Bank of India	3.2%
ICICI Bank Ltd.	2.83%
Bharti Airtel Ltd.	2.37%
Reliance Industries Ltd.	2.32%
Mahindra & Mahindra Ltd.	2.09%
Infosys Ltd.	1.91%
Larsen & Toubro Ltd.	1.83%
Axis Bank Ltd.	1.67%
Tata Consultancy Services Ltd.	1.48%

What are the top sectors Mirae Asset Balanced Advantage Fund has invested in?

The Mirae Asset Balanced Advantage Fund's equity portion is primarily invested in the following sectors -

Sector	Percentage of Portfolio
Financial	18.03%
Services	5.779999999999999%
Automobile	5.3999999999999995%
Healthcare	5.15%
Energy	5.0%
Technology	4.960000000000001%
Metals & Mining	3.71%
Materials	3.5100000000000002%
Communication	2.94%
Consumer Staples	2.86%

To whom does Mirae Asset Balanced Advantage Fund lend to?

The top 3 debt holdings of Mirae Asset Balanced Advantage Fund are as follows

Holding Name	Percentage of Portfolio
GOI	10.45%
Power Finance Corporation Ltd.	3.87%
REC Ltd.	2.2%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Mirae Asset Balanced Advantage Fund's debt portion's allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	15.38630801%
Cash	14.32693161%
SOV	11.64396695%

What is risk level of Mirae Asset Balanced Advantage Fund?

This is a Dynamic Asset Allocation fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in Mirae Asset Balanced Advantage Fund?

Redeeming your investments in the Mirae Asset Balanced Advantage Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Dynamic Asset Allocation

#NA

Return Outperformance: This fund has generated highest return amongst Dynamic Asset Allocation funds in the last 3 Years.
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.