
M
Mirae Asset Balanced Advantage Fund Direct - Growth
3 Year Absolute Returns
NAV (₹) on 02 Mar 2026
15.1790
1 Day NAV Change (₹)
-0.10004
Morningstar
4
Value Research
About Fund
NAV
NIFTY50
NAV
NIFTY50
Returns Calculator
Based on Annualised Returns
Investment Type
SIP Amount
Investment Period
3Y
₹ 18.95 L
3.50%
₹ 20.40 L
8.00%
₹ 22.68 L
14.58%
Total Investment
₹ 18,00,000
Returns
₹ 4,68,377 (26.02%)
Maturity Value
₹ 22,68,377
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Returns Comparison
Sorry, No Data Available at this Moment!
*The above returns are absolute.
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹2,007.15 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
Sorry, No Data Available at this Moment!
Stock Holdings
Sorry, No Data Available at this Moment!
Fund Comparison
Fund Details
52W High NAV
₹ 15.4120
Min. SIP Amount
₹ 99.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 2,007.15
Expense Ratio
0.68%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 13.3650
Inception Date
12 Aug 2022
Fund Age
3 Yrs
Benchmark
Nifty 50 Hybrid Composite Debt 50:50 Index
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- 1.00% If Redeemed Within 6 Months (180 Days) From The Date Of Allotment.
- 15% Of The Units Alloted (including Switch-in/stp-in) On Or Before Completion Of 180 Days From The Date Of Allotment Of Units: Nil.
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
Name
Harshad Borawake
Qualification
MBA (Finance), B.E. (Polymers)
Name
Basant Bafna
Qualification
CFA, FRM, MBA (Finance), B Com (Hons)
Fund Objective
The investment objective of the scheme is 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. However, there is no assurance or guarantee that the investment objective of the scheme will be realized.
Risk-O-Meter
Investors understand that their principal will be at
Moderately High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Mirae Asset Mutual Fund
Funds Managed
50
Assets Managed (₹ Cr)
₹ 2,04,471.43
Contact Details
Registered Address
Unit 606,6th Flr,WindsorOff. CST Road,Kalina,Santacruz(E),Mumbai-400098
Open NFOs
View AllSorry, No Data Available at this Moment!
Explore Mutual Funds by Type
Popular Funds
Popular Schemes
View All MF SchemesMutual Fund Calculators
View AllFAQs
When was Mirae Asset Balanced Advantage Fund launched?
What is the current NAV of Mirae Asset Balanced Advantage Fund?
What is the AUM of Mirae Asset Balanced Advantage Fund?
What is the rate of return of Mirae Asset Balanced Advantage Fund?
- In the past 1Y: 14.80%
- In the past 3Y: 14.58%
- In the past 5Y: 0.00%
What is the expense ratio of Mirae Asset Balanced Advantage Fund?
What is exit load of Mirae Asset Balanced Advantage Fund?
What is the portfolio of Mirae Asset Balanced Advantage Fund?
No data to show right now!
Top 3 sectoral holdings include:
How risky is investing in Mirae Asset Balanced Advantage Fund?
Who is the fund manager Mirae Asset Balanced Advantage Fund?
What is the minimum investment required in Mirae Asset Balanced Advantage Fund?
How to invest in Mirae Asset Balanced Advantage Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.



