
Mirae Asset Balanced Advantage Fund Direct Growth
Mirae Asset Balanced Advantage Fund Direct Growth
as on 02 Nov 2026
Mirae Asset Balanced Advantage Fund Direct Growth is a Hybrid mutual fund scheme launched on 12 Aug 2022. The current NAV stands at ₹15.3400 as of 02 Nov 2026. From the funds total AUM, its top holdings include Cash Offset For Derivatives at 13.35%, Treps at 5.34%, HDFC Bank at 5.00%, GOI LOAN 7.18% 2033 at 3.41%, ICICI Bank at 3.39%
Scheme Overview
- Inception Date : 12 Aug 2022
- AUM : ₹2,109.29 Cr
- 3Y Returns (CAGR) : 10.42%
- Expense Ratio : 0.98%
- Min. SIP : ₹99
- Min. Lumpsum : ₹5,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
3Y
₹ 18.95 L
3.50%
₹ 20.40 L
8.00%
₹ 21.21 L
10.42%
Total Investment
₹ 18,00,000
Returns
₹ 3,20,740 (10.42%)
Maturity Value
₹ 21,20,740
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.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
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.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 2,109.29 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹2,109.29 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Other | 33.09% | ||
| Financial Services | 21.96% | ||
| Consumer Cyclical | 9.75% | ||
| Basic Materials | 7.28% | ||
| Healthcare | 6.35% | ||
| Industrials | 5.09% | ||
| Technology | 4.09% | ||
| Energy | 4.05% | ||
| Communication Services | 3.19% | ||
| Consumer Defensive | 2.64% | ||
| Utilities | 2.04% | ||
| Real Estate | 0.47% |
Stock Holdings
as of 31 May 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() C Cash Offset For Derivatives | 13.35% | |
![]() T Treps | 5.34% | |
![]() H HDFC Bank | 5.00% | |
![]() G GOI LOAN 7.18% 2033 | 3.41% | |
![]() I ICICI Bank | 3.39% | |
![]() B Bharti Airtel | 2.98% | |
![]() S State Bank of India | 2.69% | |
![]() R Reliance Industries | 2.61% | |
![]() T TOPL-7.60%-19012029-NCD | 2.37% | |
![]() C CIFCL 7.94% 2029 SR 662 | 2.33% | |
![]() L Larsen & Toubro | 1.89% | |
![]() M Mahindra & Mahindra | 1.70% | |
![]() G GOI LOAN 7.1% 2034 | 1.66% | |
![]() G GOI LOAN 6.79% 2034 | 1.55% | |
![]() A Axis Bank | 1.55% | |
![]() S SBI Life Insurance | 1.41% | |
![]() T Tata Steel | 1.33% | |
![]() S Shriram Finance | 1.21% | |
![]() N NTPC | 1.21% | |
![]() P PFL-8.75%-29102027-NCD | 1.19% | |
![]() M Manappuram Finance Limited | 1.19% | |
![]() B Bajaj Finance Limited | 1.19% | |
![]() G GOI LOAN 6.54% 2032 | 1.18% | |
![]() M MFL-7.88%-22112028-NCD | 1.18% | |
![]() S SFL 7.45% 2029 SR Z8 | 1.18% | |
![]() I ICICISL-7.5%-30102028-NCD | 1.18% | |
![]() N NBRD 7.01% 2029 SR 26D | 1.18% | |
![]() G GOI LOAN 7.43% 2076 | 1.16% | |
![]() S SDL HR 7.15% 2040 | 1.13% | |
![]() M Maruti Suzuki | 1.06% | |
![]() S Sun Pharmaceutical | 1.05% | |
![]() H Hindalco Industries | 0.98% | |
![]() A Adani Ports & SEZ | 0.97% | |
![]() T TOPL-7.45%-19012028-NCD | 0.95% | |
![]() M Mindspace Business Parks Reit | 0.94% | |
![]() B Bajaj Finance | 0.92% | |
![]() I Infosys | 0.91% | |
![]() T Tata Motors Passenger Vehicles | 0.91% | |
![]() A Ambuja Cements | 0.90% | |
![]() L Laurus Labs | 0.86% | |
![]() T Tata Consultancy Services | 0.85% | |
![]() K Kotak Bank | 0.85% | |
![]() E Eternal | 0.84% | |
![]() T TVS Motors | 0.78% | |
![]() T Titan | 0.78% | |
![]() B Bharat Electronics | 0.74% | |
![]() V Varun Beverages | 0.73% | |
![]() M MCX | 0.70% | |
![]() F Future on Bharti Airtel Ltd | 0.68% | |
![]() F Future on Hindalco Industries Ltd | 0.67% | |
![]() A Avenue Supermarts DMart | 0.63% | |
![]() L LG Electronics | 0.63% | |
![]() D Divis Laboratories | 0.62% | |
![]() F Future on Sun Pharmaceuticals Industries Ltd | 0.61% | |
![]() F Future on Eicher Motors Ltd | 0.61% | |
![]() O Oil & Natural Gas Corporation | 0.61% | |
![]() E Eicher Motors | 0.61% | |
![]() F Future on BSE Ltd | 0.60% | |
![]() F Future on Jindal Steel Ltd | 0.60% | |
![]() B BSE | 0.60% | |
![]() J Jindal Steel | 0.59% | |
![]() F Future on Kotak Mahindra Bank Ltd | 0.59% | |
![]() K KFin Technologies | 0.58% | |
![]() I Indusind Bank | 0.58% | |
![]() F Future on SBI Life Insurance Co Ltd | 0.58% | |
![]() S Schaeffler India | 0.58% | |
![]() F Future on Mahindra & Mahindra Ltd | 0.58% | |
![]() H HDFC Bank Limited | 0.57% | |
![]() F Future on HDFC Bank Ltd | 0.57% | |
![]() F Future on JSW Steel Ltd | 0.55% | |
![]() J JSW Steel | 0.55% | |
![]() A Aurobindo Pharma | 0.55% | |
![]() S Sona BLW Precision Forgings | 0.52% | |
![]() O Onesource Specialty Pharma | 0.52% | |
![]() C Century Plyboards | 0.52% | |
![]() H HDFC AMC | 0.51% | |
![]() T TD Power Systems | 0.51% | |
![]() I ITC | 0.50% | |
![]() C Craftsman Automation | 0.50% | |
![]() J JSW Energy | 0.50% | |
![]() G Glenmark Pharmaceuticals | 0.50% | |
![]() F Future on Tata Motors Passenger Vehicles Ltd | 0.50% | |
![]() G GOI LOAN 7.26% 2033 | 0.49% | |
![]() S SIDBI-7.51%-12062028-NCD | 0.48% | |
![]() P Power Finance Corporation | 0.46% | |
![]() G Godrej Consumer Products | 0.44% | |
![]() F Future on Tata Steel Ltd. | 0.44% | |
![]() S Sai Life Sciences | 0.42% | |
![]() K Krishna Institute of Medical Sciences | 0.39% | |
![]() A ABB | 0.39% | |
![]() B Bharat Petroleum | 0.39% | |
![]() I IIFCL-7.56%-20032028-NCD | 0.38% | |
![]() V Vedanta | 0.38% | |
![]() F Future on Adani Enterprises Ltd | 0.37% | |
![]() A Adani Enterprises | 0.37% | |
![]() I International Gemological Institute | 0.36% | |
![]() B Black Buck | 0.36% | |
![]() V Vishal Mega Mart | 0.34% | |
![]() E Eris Lifesciences | 0.34% | |
![]() D Dr. Lal Path Labs | 0.33% | |
![]() J J B Chemicals and Pharmaceuticals | 0.32% | |
![]() A Atul | 0.32% | |
![]() I Interglobe Aviation | 0.32% | |
![]() J JK Cement | 0.32% | |
![]() F Future on Maruti Suzuki India Ltd | 0.32% | |
![]() F Future on Canara Bank | 0.31% | |
![]() F Federal Bank | 0.31% | |
![]() C Canara Bank | 0.31% | |
![]() F Future on The Federal Bank Ltd | 0.31% | |
![]() F Future on Ambuja Cements Ltd | 0.30% | |
![]() Z Zensar Technologies | 0.28% | |
![]() U UltraTech Cement | 0.28% | |
![]() F Future on Oil & Natural Gas Corp Ltd | 0.28% | |
![]() F Future on Aurobindo Pharma Ltd | 0.27% | |
![]() M Mphasis | 0.27% | |
![]() F Future on Reliance Industries Ltd | 0.26% | |
![]() F Future on Titan Co Ltd | 0.26% | |
![]() G Go Digit General Insurance | 0.26% | |
![]() F Future on Cipla Ltd | 0.26% | |
![]() C Cipla | 0.25% | |
![]() B Brigade Enterprises | 0.25% | |
![]() C Crompton Greaves | 0.25% | |
![]() F Future on LIC Housing Finance Ltd | 0.25% | |
![]() C CARE Ratings | 0.25% | |
![]() L LIC Housing Finance | 0.25% | |
![]() C Campus Activewear | 0.24% | |
![]() L Leela Palaces Hotels & Resorts | 0.24% | |
![]() G Gujarat Energy | 0.24% | |
![]() G GOI LOAN 7.34% 2064 | 0.23% | |
![]() F Future on DLF Ltd | 0.23% | |
![]() H Hindustan Unilever | 0.23% | |
![]() D DLF | 0.22% | |
![]() D Deepak Nitrite | 0.22% | |
![]() F Future on Shriram Finance Ltd | 0.21% | |
![]() I Indus Towers | 0.21% | |
![]() L LTM | 0.21% | |
![]() F Future on HDFC Asset Management Co Ltd | 0.19% | |
![]() F Future on HDFC Life Insurance Co Ltd | 0.19% | |
![]() H HDFC Life Insurance | 0.19% | |
![]() N National Bank For Agriculture And Rural Development | 0.19% | |
![]() S Sagility | 0.19% | |
![]() S Swiggy | 0.19% | |
![]() F Future on RBL Bank Ltd | 0.17% | |
![]() F Future on Divi's Laboratories Ltd | 0.17% | |
![]() R RBL Bank | 0.17% | |
![]() G GIC of India | 0.17% | |
![]() G Greenply Industries | 0.15% | |
![]() F Future on Larsen & Toubro Ltd | 0.15% | |
![]() F Future on Asian Paints Ltd | 0.14% | |
![]() A Asian Paints | 0.14% | |
![]() V Vedanta Aluminium Metal | 0.13% | |
![]() V Vedanta Iron & Steel | 0.13% | |
![]() V Vedanta Power | 0.13% | |
![]() V Vedanta Oil & Gas | 0.13% | |
![]() F Future on InterGlobe Aviation Ltd | 0.13% | |
![]() F Future on Adani Ports & Special Economic Zone Ltd | 0.12% | |
![]() F Future on United Spirits Ltd | 0.11% | |
![]() U United Spirits | 0.11% | |
![]() F Future on Tata Power Co Ltd | 0.10% | |
![]() T Tata Power | 0.10% | |
![]() F Future on Bank of Baroda | 0.10% | |
![]() B Bank of Baroda | 0.09% | |
![]() F Future on Bharat Forge Ltd | 0.09% | |
![]() B Bharat Forge | 0.09% | |
![]() G Gateway Distriparks | 0.08% | |
![]() P Prince Pipes & Fittings | 0.08% | |
![]() F Future on Bharat Heavy Electricals Ltd | 0.08% | |
![]() B Bharat Heavy Electricals | 0.08% | |
![]() P Petronet LNG | 0.08% | |
![]() T The Indian Hotels Company Ltd. | 0.07% | |
![]() I Indian Hotels Company | 0.07% | |
![]() F Future on Dalmia Bharat Ltd | 0.07% | |
![]() D Dalmia Bharat | 0.07% | |
![]() F Future on ICICI Lombard General Insurance Co Ltd | 0.06% | |
![]() I ICICI Lombard General Insurance | 0.06% | |
![]() F Future on National Aluminium Co Ltd | 0.05% | |
![]() N NALCO | 0.05% | |
![]() N Net Receivables / (Payables) | 0.05% | |
![]() F Future on Punjab National Bank | 0.05% | |
![]() P Punjab National Bank | 0.05% | |
![]() F Future on FSN E-Commerce Ventures Ltd | 0.05% | |
![]() N Nykaa | 0.05% | |
![]() F Future on Container Corporation of India Ltd | 0.03% | |
![]() C Container Corporation of India | 0.03% | |
![]() F Future on Bajaj Finance Ltd | 0.03% | |
![]() R RECL-7.7%-31082026-NCD | 0.00% | |
![]() S Small Industries Development Bank Of India | 0.00% | |
![]() N NHB-7.59%-14072027-NCD | 0.00% | |
![]() K Kotak Mahindra Investments Limited | 0.00% | |
![]() B Biocon | 0.00% | |
![]() L Lupin | 0.00% | |
![]() G GOI LOAN 6.90% 2065 | 0.00% | |
![]() I Indian Bank | 0.00% |
Fund Comparison
Fund Details
52W High NAV
₹ 15.6780
Min. SIP Amount
₹ 99.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 2,109.29
Expense Ratio
0.98%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 14.3200
Inception Date
12 Aug 2022
Fund Age
4 Yrs
Benchmark
Nifty 50 Hybrid Composite Debt 50:50 Index
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days.
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 | Qualification |
|---|---|
| Harshad Borawake | MBA (Finance), B.E. (Polymers) |
| Basant Bafna | 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
No. of Schemes
52
Total AUM
₹ 2,10,804.73 Cr
Contact Details
Unit 606,6th Flr,WindsorOff. CST Road,Kalina,Santacruz(E),Mumbai-400098
Contact Details
Unit 606,6th Flr,WindsorOff. CST Road,Kalina,Santacruz(E),Mumbai-400098
FAQs
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: 1.73%
- In the past 3Y: 10.42%
- 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?
- HDFC Bank: 5.00%
- ICICI Bank: 3.39%
- Bharti Airtel: 2.98%
- State Bank of India: 2.69%
- Reliance Industries: 2.61%
Top 3 sectoral holdings include:
- Others: 59.79%
- Financial Services: 21.96%
- Consumer Cyclical: 9.75%
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.

Invest in
Pay 0% Commission!
+91
Or Scan the QR Code to download the Dhan App










































































































































