Mirae Asset Balanced Advantage Fund
Dynamic Asset AllocationVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹14.53+0.03%1 day
- Return since launch
- 9.5%
- 52-week range
- ₹13.61 — ₹14.83
- AUM
- ₹2,169 Cr
Mirae Asset Balanced Advantage Fund is a Dynamic Asset Allocation hybrid fund from Mirae Asset Mutual Fund with ₹2,169 Cr under management, launched in 2022. Over three years it has returned 5.4% a year, against 8.3% for its category. The expense ratio is 2.28% and the SEBI riskometer reading is Very High.
Performance
Mirae Asset Balanced Advantage Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.5% against +1.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 1.8% | +0.3 pts | 1.5% | 0.2% |
| 2Y | 3.8% | +2.0 pts | 1.8% | 1.9% |
| 3Y | 5.4% | −2.9 pts | 8.3% | 3.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -1.8% | +0.6 pts | -2.4% | -2.3% |
| 3M | 0.2% | +0.4 pts | -0.2% | -0.2% |
| 6M | 5.4% | −0.2 pts | 5.7% | 5.7% |
| 1Y | 3.5% | +2.0 pts | 1.5% | 1.5% |
| 2Y | 2.3% | +2.3 pts | 0.0% | 0.3% |
| 3Y | 8.8% | +0.4 pts | 8.3% | 7.9% |
Since launch (21 Jul 2022): 9.5%
Calendar-year returns
Category average18.2%
11.0%
8.6%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 8.6% | +2.0 pts | 6.7% |
| 2024 | 11.0% | −3.1 pts | 14.2% |
| 2023 | 18.2% | −1.8 pts | 20.0% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.29%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.75%
- Brokerage
- 0.05%
- Transaction charges
- 0.01%
- Statutory levies
- 0.48%
- Exit load
- Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 50 Hybrid Composite Debt 50:50 Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | 1.29 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.48 | 0.63 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.59 | 0.82 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 8.05 | 10.95 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Mirae Asset Balanced Advantage Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity57.4%
- Debt26.6%
- Other16.1%
Market cap split
- Large72.8%
- Mid10.7%
- Small16.5%
- P/E
- 21.81
- P/B
- 3.21
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 16.08% | ₹349 Cr | +26.69% | +30.18% | +26.94% |
| HDFC Bank Ltd. | Financial | 4.04% | ₹87.66 Cr | -1.14% | -1.39% | -1.63% |
| ICICI Bank Ltd. | Financial | 3.77% | ₹81.74 Cr | +3.39% | +3.03% | +2.65% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 3.58% | ₹77.55 Cr | +7.10% | +3.66% | — |
| State Bank of India | Financial | 2.84% | ₹61.50 Cr | +2.69% | +3.28% | +0.43% |
| Reliance Industries Ltd. | Energy | 2.60% | ₹56.48 Cr | -0.52% | -0.56% | -0.59% |
| Mindspace Business Parks REIT | Construction | 2.26% | ₹48.94 Cr | +0.94% | +0.97% | — |
| Bajaj Finance Ltd. | Financial | 2.23% | ₹48.48 Cr | -0.09% | -0.10% | -0.09% |
| Bharti Airtel Ltd. | Communication | 2.17% | ₹46.98 Cr | -1.36% | -1.42% | -1.55% |
| Axis Bank Ltd. | Financial | 1.62% | ₹35.14 Cr | +1.55% | +1.69% | +1.42% |
| Muthoot Finance Ltd. | Financial | 1.60% | ₹34.60 Cr | +2.36% | +2.44% | — |
| NTPC Ltd. | Energy | 1.19% | ₹25.84 Cr | +1.21% | +1.21% | +1.13% |
| Laurus Labs Ltd. | Healthcare | 1.16% | ₹25.22 Cr | +0.86% | +0.63% | +0.20% |
| TD Power Systems Ltd. | Capital Goods | 1.15% | ₹24.95 Cr | +0.51% | +0.60% | +0.84% |
| Bajaj Housing Finance Ltd. | Financial | 1.15% | ₹24.92 Cr | — | +0.37% | +0.41% |
| Manappuram Finance Ltd. | Financial | 1.15% | ₹24.90 Cr | +1.19% | — | — |
| Cholamandalam Financial Holdings Ltd. | Financial | 1.14% | ₹24.79 Cr | +2.33% | — | — |
| ICICI Securities Ltd. | Financial | 1.14% | ₹24.71 Cr | +1.18% | +1.21% | — |
| Shriram Finance Ltd | Financial | 1.13% | ₹24.52 Cr | -0.42% | -0.32% | -0.19% |
| Haryana State | Others | 1.10% | ₹23.82 Cr | +1.13% | +1.17% | — |
| Eternal Ltd. | Services | 1.05% | ₹22.84 Cr | +0.84% | +0.74% | +0.68% |
| Mahindra & Mahindra Ltd. | Automobile | 1.04% | ₹22.62 Cr | -1.15% | -1.30% | -1.33% |
| Larsen & Toubro Ltd. | Construction | 1.02% | ₹22.23 Cr | -0.29% | -0.31% | -0.28% |
| Tata Steel Ltd. | Metals & Mining | 1.02% | ₹22.22 Cr | -0.87% | -0.92% | -0.73% |
| TVS Motor Company Ltd. | Automobile | 0.97% | ₹21.13 Cr | +0.78% | +0.80% | +0.74% |
| Multi Commodity Exchange Of India Ltd. | Services | 0.89% | ₹19.41 Cr | +0.70% | +0.65% | +0.72% |
| Tata Consultancy Services Ltd. | Technology | 0.87% | ₹18.78 Cr | +0.85% | -0.19% | -0.25% |
| Infosys Ltd. | Technology | 0.86% | ₹18.59 Cr | +0.91% | -0.65% | +1.82% |
| SBI Life Insurance Company Ltd. | Insurance | 0.85% | ₹18.53 Cr | -1.16% | -0.82% | -0.80% |
| Craftsman Automation Ltd. | Automobile | 0.80% | ₹17.40 Cr | +0.50% | +0.50% | +0.69% |
| Titan Company Ltd. | Consumer Discretionary | 0.79% | ₹17.12 Cr | -0.52% | -0.55% | -0.51% |
| LG Electronics India Ltd. | Consumer Discretionary | 0.78% | ₹16.89 Cr | +0.63% | +0.66% | — |
| Maruti Suzuki India Ltd. | Automobile | 0.77% | ₹16.78 Cr | -0.63% | -0.72% | +1.82% |
| Adani Ports and Special Economic Zone Ltd. | Services | 0.71% | ₹15.50 Cr | -0.24% | -0.21% | -0.19% |
| Kotak Mahindra Bank Ltd. | Financial | 0.68% | ₹14.85 Cr | -1.19% | -1.29% | -1.33% |
| Bharat Electronics Ltd. | Capital Goods | 0.68% | ₹14.77 Cr | +0.74% | +0.56% | +0.50% |
| Sona BLW Precision Forgings Ltd. | Automobile | 0.67% | ₹14.57 Cr | +0.52% | +0.29% | +0.12% |
| Avenue Supermarts Ltd. | Services | 0.67% | ₹14.53 Cr | +0.63% | +0.60% | +0.37% |
| KFin Technologies Ltd. | Financial | 0.63% | ₹13.76 Cr | +0.58% | +0.61% | +0.16% |
| Divi's Laboratories Ltd. | Healthcare | 0.63% | ₹13.64 Cr | -0.34% | -0.33% | -0.34% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 0.63% | ₹13.60 Cr | +0.13% | — | — |
| company:14677 | Financial | 0.58% | ₹12.62 Cr | — | — | — |
| Bharat Petroleum Corporation Ltd. | Energy | 0.58% | ₹12.61 Cr | +0.39% | +0.42% | +0.49% |
| Schaeffler India Ltd. | Capital Goods | 0.54% | ₹11.70 Cr | +0.58% | +0.57% | +0.44% |
| Varun Beverages Ltd. | Consumer Staples | 0.53% | ₹11.41 Cr | +0.73% | +0.64% | +0.45% |
| Onesource Specialty Pharma Ltd. | Healthcare | 0.51% | ₹11.10 Cr | +0.52% | +0.39% | +0.53% |
| Ambuja Cements Ltd. | Materials | 0.51% | ₹11.05 Cr | -0.60% | -0.68% | -0.84% |
| Sai Life Sciences Ltd. | Healthcare | 0.51% | ₹11.02 Cr | +0.42% | +0.32% | +0.26% |
| Pine Labs Ltd. | Financial | 0.49% | ₹10.66 Cr | — | — | — |
| Century Plyboards (India) Ltd. | Materials | 0.49% | ₹10.59 Cr | +0.52% | +0.50% | +0.54% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.48% | ₹10.51 Cr | -1.23% | -1.20% | -1.20% |
| Krishna Institute of Medical Sciences Ltd | Healthcare | 0.47% | ₹10.17 Cr | +0.39% | +0.36% | +0.26% |
| Small Industries Devp. Bank of India Ltd. | Financial | 0.46% | ₹9.97 Cr | +0.48% | +1.21% | +0.54% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 0.43% | ₹9.34 Cr | +0.50% | +0.67% | +0.83% |
| ITC Ltd. | Consumer Staples | 0.43% | ₹9.34 Cr | +0.50% | -0.20% | +1.14% |
| JSW Energy Ltd. | Capital Goods | 0.42% | ₹9.12 Cr | +0.50% | +0.42% | +0.25% |
| Kusumgar Ltd. | Textiles | 0.41% | ₹8.93 Cr | — | — | — |
| company:1151 | Chemicals | 0.40% | ₹8.73 Cr | — | — | — |
| BlackBuck Ltd. | Services | 0.40% | ₹8.61 Cr | +0.36% | +0.30% | — |
| ABB India Ltd. | Capital Goods | 0.39% | ₹8.50 Cr | +0.39% | +0.33% | +0.22% |
| company:20772 | Consumer Staples | 0.39% | ₹8.44 Cr | — | — | — |
| Godrej Consumer Products Ltd. | Consumer Staples | 0.39% | ₹8.42 Cr | +0.44% | +0.41% | +0.45% |
| Dr. Lal Pathlabs Ltd. | Healthcare | 0.38% | ₹8.32 Cr | +0.33% | — | — |
| India Infrastructure Finance Company Ltd. | Construction | 0.37% | ₹8.00 Cr | +0.38% | +0.39% | +0.43% |
| Leela Palaces Hotels & Resorts Ltd. | Services | 0.37% | ₹7.99 Cr | +0.24% | +0.22% | +0.16% |
| Hindalco Industries Ltd. | Metals & Mining | 0.36% | ₹7.85 Cr | -1.33% | -1.10% | -0.92% |
| company:5765 | Insurance | 0.36% | ₹7.82 Cr | — | — | — |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.34% | ₹7.32 Cr | -0.28% | -0.29% | -0.26% |
| company:953 | Healthcare | 0.32% | ₹6.93 Cr | — | — | — |
| International Gemological Institute Ltd. | Consumer Discretionary | 0.32% | ₹6.90 Cr | +0.36% | +0.33% | +0.36% |
| JK Cement Ltd. | Materials | 0.30% | ₹6.57 Cr | +0.32% | +0.35% | +0.47% |
| Eris Lifesciences Ltd. | Healthcare | 0.30% | ₹6.55 Cr | +0.34% | — | — |
| Vishal Mega Mart Ltd. | Services | 0.30% | ₹6.48 Cr | +0.34% | +0.34% | +0.42% |
| Campus Activewear Ltd. | Consumer Discretionary | 0.29% | ₹6.35 Cr | +0.24% | +0.24% | — |
| Atul Ltd. | Chemicals | 0.29% | ₹6.22 Cr | +0.32% | +0.32% | +0.32% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.28% | ₹6.05 Cr | — | — | — |
| JSW Infrastructure Ltd. | Services | 0.27% | ₹5.95 Cr | — | — | — |
| Mphasis Ltd. | Technology | 0.27% | ₹5.91 Cr | +0.27% | +0.27% | +0.12% |
| Deepak Nitrite Ltd. | Chemicals | 0.27% | ₹5.86 Cr | +0.22% | +0.21% | +0.26% |
| Ultratech Cement Ltd. | Materials | 0.26% | ₹5.74 Cr | +0.28% | +0.31% | +0.24% |
| Tech Mahindra Ltd. | Technology | 0.26% | ₹5.70 Cr | — | -0.23% | -0.27% |
| company:20795 | Technology | 0.26% | ₹5.55 Cr | — | — | — |
| Zensar Technologies Ltd. | Technology | 0.25% | ₹5.51 Cr | +0.28% | +0.33% | +0.49% |
| Care Ratings Ltd. | Services | 0.25% | ₹5.50 Cr | +0.25% | +0.25% | +0.26% |
| Turtlemint Fintech Solutions Ltd. | Financial | 0.24% | ₹5.16 Cr | — | — | — |
| GOI | Sovereign | 0.22% | ₹4.81 Cr | +1.16% | +0.24% | +0.26% |
| Go Digit General Insurance Ltd. | Insurance | 0.21% | ₹4.49 Cr | +0.26% | +0.29% | +0.33% |
| Power Finance Corporation Ltd. | Financial | 0.20% | ₹4.44 Cr | +0.46% | +0.45% | +0.65% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.20% | ₹4.35 Cr | +0.25% | +0.23% | +0.17% |
| National Bank For Agriculture & Rural Development | Financial | 0.18% | ₹3.99 Cr | +0.19% | +0.20% | +0.80% |
| Gujarat Energy Ltd. | Energy | 0.18% | ₹3.80 Cr | +0.24% | — | — |
| Interglobe Aviation Ltd. | Services | 0.17% | ₹3.72 Cr | -0.13% | -0.14% | +0.36% |
| Greenply Industries Ltd. | Materials | 0.16% | ₹3.55 Cr | +0.15% | +0.13% | +0.20% |
| Prince Pipes and Fittings Ltd. | Materials | 0.09% | ₹1.88 Cr | +0.08% | +0.08% | +0.11% |
| GSPL Transmission Ltd. | Energy | 0.04% | ₹0.77 Cr | — | — | — |
| company:20823 | Healthcare | 0.02% | ₹0.52 Cr | — | — | — |
| Jindal Steel Ltd. | Metals & Mining | 0.01% | ₹0.23 Cr | -1.20% | -1.25% | -1.04% |
| The Federal Bank Ltd. | Financial | 0.01% | ₹0.16 Cr | -0.61% | +0.64% | — |
| company:12100 | Capital Goods | 0.01% | ₹0.16 Cr | — | — | — |
| Aurobindo Pharma Ltd. | Healthcare | 0.00% | ₹0.09 Cr | -0.53% | -0.46% | -0.42% |
| Nestle India Ltd. | Consumer Staples | 0.00% | ₹0.08 Cr | — | — | — |
| HDFC Asset Management Company Ltd. | Financial | 0.00% | ₹0.08 Cr | -0.39% | -0.40% | — |
| Asian Paints Ltd. | Materials | 0.00% | ₹0.06 Cr | -0.29% | -0.26% | -0.30% |
| The Indian Hotels Company Ltd. | Services | 0.00% | ₹0.03 Cr | -0.15% | -0.15% | -0.19% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.00% | ₹0.03 Cr | -0.16% | -0.10% | — |
| Indusind Bank Ltd. | Financial | 0.00% | ₹0.00 Cr | +0.58% | -0.37% | +0.55% |
| Canara Bank | Financial | 0.00% | ₹0.00 Cr | -0.62% | -0.75% | — |
| Bank Of Baroda | Financial | 0.00% | ₹0.00 Cr | -0.19% | -0.23% | -0.18% |
| Punjab National Bank | Financial | -0.00% | ₹-0.01 Cr | -0.10% | -0.12% | — |
| HDFC Life Insurance Co Ltd. | Insurance | -0.00% | ₹-0.01 Cr | -0.39% | -0.47% | — |
| United Spirits Ltd. | Consumer Staples | -0.00% | ₹-0.01 Cr | -0.22% | -0.24% | -0.25% |
| Tata Power Company Ltd. | Energy | -0.00% | ₹-0.02 Cr | -0.19% | -0.18% | -0.19% |
| Ashok Leyland Ltd. | Automobile | -0.00% | ₹-0.02 Cr | — | — | — |
| Cipla Ltd. | Healthcare | -0.00% | ₹-0.05 Cr | -0.51% | -0.50% | -0.64% |
| Eicher Motors Ltd. | Automobile | -0.01% | ₹-0.14 Cr | -1.23% | — | +0.19% |
| JSW Steel Ltd. | Metals & Mining | -0.01% | ₹-0.16 Cr | -1.11% | -1.10% | -0.98% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | -0.01% | ₹-0.27 Cr | -0.99% | -0.98% | -0.66% |
| Adani Enterprises Ltd. | Services | -0.01% | ₹-0.27 Cr | -0.74% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Mindspace Business Parks REIT | 0.91% | 2.26% | +1.34% |
| Cholamandalam Financial Holdings Ltd. | 2.25% | 1.14% | -1.11% |
| company:14677 | 0.00% | 0.58% | +0.58% |
| TD Power Systems Ltd. | 0.68% | 1.15% | +0.47% |
| company:1151 | 0.00% | 0.40% | +0.40% |
| company:20772 | 0.00% | 0.39% | +0.39% |
| company:5765 | 0.00% | 0.36% | +0.36% |
| Indusind Bank Ltd. | 0.33% | 0.00% | -0.33% |
| company:953 | 0.00% | 0.32% | +0.32% |
| company:20795 | 0.00% | 0.26% | +0.26% |
| Hindustan Unilever Ltd. | 0.21% | 0.00% | -0.21% |
| Max Healthcare Institute Ltd. | 0.20% | 0.00% | -0.20% |
| NTPC Ltd. | 1.38% | 1.19% | -0.19% |
| Multi Commodity Exchange Of India Ltd. | 0.71% | 0.89% | +0.19% |
| Indus Towers Ltd. | 0.18% | 0.00% | -0.18% |
| Petronet LNG Ltd. | 0.17% | 0.00% | -0.17% |
| Glenmark Pharmaceuticals Ltd. | 0.57% | 0.43% | -0.14% |
| Varun Beverages Ltd. | 0.42% | 0.53% | +0.11% |
| LG Electronics India Ltd. | 0.68% | 0.78% | +0.09% |
| Craftsman Automation Ltd. | 0.71% | 0.80% | +0.09% |
| Others | 12.38% | 12.47% | +0.09% |
| Axis Bank Ltd. | 1.53% | 1.62% | +0.09% |
| State Bank of India | 2.75% | 2.84% | +0.08% |
| Eternal Ltd. | 0.97% | 1.05% | +0.08% |
| Pine Labs Ltd. | 0.42% | 0.49% | +0.07% |
| Laurus Labs Ltd. | 1.10% | 1.16% | +0.06% |
| Campus Activewear Ltd. | 0.24% | 0.29% | +0.06% |
| Power Finance Corporation Ltd. | 0.26% | 0.20% | -0.05% |
| Kotak Mahindra Bank Ltd. | -0.57% | -0.63% | -0.05% |
| Sai Life Sciences Ltd. | 0.46% | 0.51% | +0.05% |
| Godrej Consumer Products Ltd. | 0.44% | 0.39% | -0.05% |
| Leela Palaces Hotels & Resorts Ltd. | 0.32% | 0.37% | +0.05% |
| INDO-MIM Ltd. | 0.05% | 0.00% | -0.05% |
| Bharat Electronics Ltd. | 0.73% | 0.68% | -0.05% |
| ICICI Bank Ltd. | 3.72% | 3.77% | +0.04% |
| ITC Ltd. | 0.47% | 0.43% | -0.04% |
| SBI Life Insurance Company Ltd. | -0.57% | -0.53% | +0.04% |
| Turtlemint Fintech Solutions Ltd. | 0.20% | 0.24% | +0.04% |
| Bharti Airtel Ltd. | -0.70% | -0.67% | +0.04% |
| Sona BLW Precision Forgings Ltd. | 0.64% | 0.67% | +0.04% |
| Onesource Specialty Pharma Ltd. | 0.55% | 0.51% | -0.03% |
| BlackBuck Ltd. | 0.36% | 0.40% | +0.03% |
| Krishna Institute of Medical Sciences Ltd | 0.50% | 0.47% | -0.03% |
| Jindal Steel Ltd. | -0.52% | -0.55% | -0.03% |
| Vedanta Aluminium Metal Ltd. | 0.66% | 0.63% | -0.03% |
| JSW Energy Ltd. | 0.45% | 0.42% | -0.03% |
| Century Plyboards (India) Ltd. | 0.52% | 0.49% | -0.03% |
| Divi's Laboratories Ltd. | -0.19% | -0.22% | -0.03% |
| HDFC Bank Ltd. | -0.55% | -0.53% | +0.03% |
| Tata Motors Passenger Vehicles Ltd. | -0.41% | -0.38% | +0.03% |
| Zensar Technologies Ltd. | 0.28% | 0.25% | -0.03% |
| Hindalco Industries Ltd. | -0.55% | -0.58% | -0.03% |
| company:20823 | 0.00% | 0.02% | +0.02% |
| JSW Infrastructure Ltd. | 0.25% | 0.27% | +0.02% |
| Crompton Greaves Consumer Electricals Ltd. | 0.22% | 0.20% | -0.02% |
| KFin Technologies Ltd. | 0.61% | 0.63% | +0.02% |
| JSW Steel Ltd. | -0.53% | -0.54% | -0.02% |
| Gujarat Energy Ltd. | 0.19% | 0.18% | -0.02% |
| Ambuja Cements Ltd. | -0.28% | -0.26% | +0.02% |
| Aurobindo Pharma Ltd. | -0.28% | -0.30% | -0.02% |
| Sun Pharmaceutical Industries Ltd. | -0.65% | -0.63% | +0.02% |
| JK Cement Ltd. | 0.32% | 0.30% | -0.02% |
| ABB India Ltd. | 0.37% | 0.39% | +0.02% |
| Titan Company Ltd. | -0.30% | -0.31% | -0.02% |
| Oil And Natural Gas Corporation Ltd. | 0.35% | 0.34% | -0.02% |
| Atul Ltd. | 0.30% | 0.29% | -0.02% |
| Tata Steel Ltd. | -0.39% | -0.37% | +0.02% |
| Eris Lifesciences Ltd. | 0.32% | 0.30% | -0.01% |
| Maruti Suzuki India Ltd. | -0.32% | -0.31% | +0.01% |
| Eicher Motors Ltd. | -0.64% | -0.65% | -0.01% |
| Deepak Nitrite Ltd. | 0.26% | 0.27% | +0.01% |
| International Gemological Institute Ltd. | 0.33% | 0.32% | -0.01% |
| Bajaj Housing Finance Ltd. | 1.16% | 1.15% | -0.01% |
| Tata Consultancy Services Ltd. | 0.85% | 0.87% | +0.01% |
| Ultratech Cement Ltd. | 0.28% | 0.26% | -0.01% |
| The Federal Bank Ltd. | -0.36% | -0.35% | +0.01% |
| Schaeffler India Ltd. | 0.55% | 0.54% | -0.01% |
| Mphasis Ltd. | 0.26% | 0.27% | +0.01% |
| Vishal Mega Mart Ltd. | 0.29% | 0.30% | +0.01% |
| Prince Pipes and Fittings Ltd. | 0.08% | 0.09% | +0.01% |
| Haryana State | 1.11% | 1.10% | -0.01% |
| Asian Paints Ltd. | -0.14% | -0.13% | +0.01% |
| Adani Enterprises Ltd. | -0.36% | -0.35% | +0.01% |
| Shriram Finance Ltd | -0.22% | -0.23% | -0.01% |
| Cipla Ltd. | -0.22% | -0.21% | +0.01% |
| company:12100 | 0.00% | 0.01% | +0.01% |
| Bharat Petroleum Corporation Ltd. | 0.57% | 0.58% | +0.01% |
| Tata Power Company Ltd. | -0.08% | -0.08% | +0.01% |
| ICICI Securities Ltd. | 1.15% | 1.14% | -0.01% |
| Ashok Leyland Ltd. | -0.10% | -0.11% | -0.01% |
| Mahindra & Mahindra Ltd. | -0.61% | -0.61% | +0.01% |
| Dr. Lal Pathlabs Ltd. | 0.38% | 0.38% | +0.01% |
| Nestle India Ltd. | -0.15% | -0.14% | +0.01% |
| TVS Motor Company Ltd. | 0.97% | 0.97% | +0.01% |
| Bharat Heavy Electricals Ltd. | -0.07% | -0.08% | 0.00% |
| Torrent Pharmaceuticals Ltd. | 0.37% | 0.37% | 0.00% |
| Avenue Supermarts Ltd. | 0.67% | 0.67% | 0.00% |
| HDFC Asset Management Company Ltd. | -0.18% | -0.18% | 0.00% |
| Tech Mahindra Ltd. | 0.27% | 0.26% | 0.00% |
| Manappuram Finance Ltd. | 1.15% | 1.15% | 0.00% |
| Muthoot Finance Ltd. | 1.14% | 1.13% | 0.00% |
| Adani Ports and Special Economic Zone Ltd. | -0.11% | -0.10% | 0.00% |
| Larsen & Toubro Ltd. | -0.13% | -0.14% | 0.00% |
| Canara Bank | -0.28% | -0.28% | 0.00% |
| Greenply Industries Ltd. | 0.16% | 0.16% | 0.00% |
| Care Ratings Ltd. | 0.25% | 0.25% | 0.00% |
| Bajaj Finance Ltd. | -0.04% | -0.03% | 0.00% |
| Go Digit General Insurance Ltd. | 0.20% | 0.21% | 0.00% |
| Reliance Industries Ltd. | -0.25% | -0.25% | 0.00% |
| Small Industries Devp. Bank of India Ltd. | 0.46% | 0.46% | 0.00% |
| HDFC Life Insurance Co Ltd. | -0.17% | -0.17% | 0.00% |
| Apollo Hospitals Enterprise Ltd. | 0.28% | 0.28% | 0.00% |
| GOI | 0.22% | 0.22% | 0.00% |
| The Indian Hotels Company Ltd. | -0.08% | -0.08% | 0.00% |
| Bank Of Baroda | -0.08% | -0.08% | 0.00% |
| Interglobe Aviation Ltd. | 0.17% | 0.17% | 0.00% |
| United Spirits Ltd. | -0.12% | -0.12% | 0.00% |
| Infosys Ltd. | 0.85% | 0.86% | 0.00% |
| India Infrastructure Finance Company Ltd. | 0.37% | 0.37% | 0.00% |
| National Bank For Agriculture & Rural Development | 0.19% | 0.18% | 0.00% |
| Kusumgar Ltd. | 0.41% | 0.41% | 0.00% |
| Punjab National Bank | -0.05% | -0.05% | 0.00% |
| GSPL Transmission Ltd. | 0.04% | 0.04% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹39,803 Cr | 1.98% | 0.9% | 5.3% | 9.8% |
 HDFC Balanced Advantage Fund | ₹1,07,296 Cr | 1.31% | -3.0% | 3.4% | 10.6% |
 ICICI Prudential Balanced Advantage Fund | ₹75,399 Cr | 1.57% | 2.0% | 6.8% | 9.5% |
 Aditya Birla Sun Life Balanced Advantage Fund | ₹10,125 Cr | 1.95% | 5.1% | 7.5% | 9.7% |
 Baroda BNP Paribas Balanced Advantage Fund | ₹5,343 Cr | 2.05% | 2.2% | 6.4% | 9.7% |
 Quant Dynamic Asset Allocation Fund | ₹852 Cr | 3.04% | -1.7% | 2.3% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
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.
Fund managers
- Basant BafnaMr. Bafna has done B.Com, MBA, CS, CA, FRM and CFAPrior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India
- Harshad BorawakeMr. 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.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months5.43% absolute | ₹60,000 | ₹63,258 | 5.43% | |
| 1 year3.45% annualised | ₹1,20,000 | ₹1,22,266 | 1.89% | |
| 3 years8.75% annualised | ₹3,60,000 | ₹4,12,963 | 14.71% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Mirae Asset Balanced Advantage Fund?
The NAV of Mirae Asset Balanced Advantage Fund is ₹14.53 as on 25 Sep 2026.
What is the expense ratio of Mirae Asset Balanced Advantage Fund?
The expense ratio of Mirae Asset Balanced Advantage Fund is 2.28% per year.
What is the minimum SIP amount for Mirae Asset Balanced Advantage Fund?
You can start a SIP in Mirae Asset Balanced Advantage Fund with ₹3,000 a month.
Is there a lock-in or exit load on Mirae Asset Balanced Advantage Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days..
How risky is Mirae Asset Balanced Advantage Fund?
Mirae Asset Balanced Advantage Fund is rated Very High on the SEBI riskometer and belongs to the Dynamic Asset Allocation category.
Which fund house manages Mirae Asset Balanced Advantage Fund?
Mirae Asset Balanced Advantage Fund is managed by Mirae Asset Mutual Fund, which runs 52 schemes with ₹2,32,232 Cr under management.