Mirae Asset Balanced Advantage Fund
Dynamic Asset AllocationVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹15.00+0.41%1 day
- Return since launch
- 9.9%
- 52-week range
- ₹13.61 — ₹14.94
- AUM
- ₹2,109 Cr
Mirae Asset Balanced Advantage Fund is a Dynamic Asset Allocation hybrid fund from Mirae Asset Mutual Fund with ₹2,109 Cr under management, launched in 2022. Over three years it has returned 6.9% a year, against 9.3% for its category. The expense ratio is 2.29% 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 +4.0% against +2.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 7.4% | +5.3 pts | 2.1% | 6.1% |
| 2Y | 6.5% | +1.8 pts | 4.7% | 4.8% |
| 3Y | 6.9% | −2.4 pts | 9.3% | 5.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 5.1% | −0.2 pts | 5.3% | 5.3% |
| 3M | 1.2% | +0.8 pts | 0.3% | 0.5% |
| 6M | 4.7% | +0.5 pts | 4.2% | 4.3% |
| 1Y | 4.3% | +2.2 pts | 2.1% | 2.4% |
| 2Y | 5.7% | +2.3 pts | 3.5% | 3.8% |
| 3Y | 9.8% | +0.6 pts | 9.3% | 8.9% |
Since launch (21 Jul 2022): 9.9%
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
2.27%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.74%
- Brokerage
- 0.05%
- Transaction charges
- 0.01%
- Statutory levies
- 0.47%
- 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 | 0.98 | 1.25 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.38 | 0.48 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.48 | 0.63 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 8.22 | 10.86 | 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 30 Sep 2026
Asset allocation
- Equity56.4%
- Debt29.4%
- Other14.2%
Market cap split
- Large70.4%
- Mid11.5%
- Small18.1%
- P/E
- 21.07
- P/B
- 3.08
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 14.23% | ₹300 Cr | +36.20% | +40.44% | +40.04% |
| HDFC Bank Ltd. | Financial | 4.15% | ₹87.62 Cr | -1.21% | -1.21% | -1.58% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 3.65% | ₹76.88 Cr | +7.03% | +3.83% | — |
| ICICI Bank Ltd. | Financial | 3.52% | ₹74.30 Cr | +3.63% | +3.30% | +2.49% |
| State Bank of India | Financial | 2.64% | ₹55.67 Cr | +2.80% | -0.02% | -0.44% |
| Reliance Industries Ltd. | Energy | 2.49% | ₹52.57 Cr | -0.50% | -0.57% | -0.58% |
| Mindspace Business Parks REIT | Construction | 2.31% | ₹48.81 Cr | +0.93% | +1.01% | — |
| Bharti Airtel Ltd. | Communication | 2.18% | ₹45.95 Cr | -1.34% | -1.42% | -1.51% |
| Bajaj Finance Ltd. | Financial | 2.08% | ₹43.78 Cr | -0.10% | -0.08% | -0.11% |
| Axis Bank Ltd. | Financial | 1.74% | ₹36.63 Cr | +1.58% | +1.50% | +1.50% |
| Muthoot Finance Ltd. | Financial | 1.64% | ₹34.51 Cr | +2.33% | +2.55% | — |
| Laurus Labs Ltd. | Healthcare | 1.24% | ₹26.08 Cr | +0.94% | +0.67% | +0.19% |
| TD Power Systems Ltd. | Capital Goods | 1.20% | ₹25.24 Cr | +0.47% | +0.60% | +0.96% |
| Tata Capital Housing Finance Ltd. | Financial | 1.19% | ₹25.01 Cr | — | — | — |
| Manappuram Finance Ltd. | Financial | 1.18% | ₹24.87 Cr | +1.18% | — | — |
| Bajaj Housing Finance Ltd. | Financial | 1.17% | ₹24.74 Cr | +1.18% | — | +0.40% |
| Cholamandalam Financial Holdings Ltd. | Financial | 1.17% | ₹24.72 Cr | +2.29% | — | — |
| ICICI Securities Ltd. | Financial | 1.17% | ₹24.64 Cr | +1.17% | +1.27% | — |
| Haryana State | Others | 1.11% | ₹23.33 Cr | +1.13% | +1.21% | — |
| Sundaram Finance Ltd. | Financial | 1.10% | ₹23.26 Cr | +1.17% | +1.28% | — |
| Eternal Ltd. | Services | 1.06% | ₹22.28 Cr | +0.87% | +0.82% | +0.69% |
| Tata Steel Ltd. | Metals & Mining | 1.05% | ₹22.09 Cr | -0.78% | -0.87% | -0.77% |
| Shriram Finance Ltd | Financial | 1.02% | ₹21.61 Cr | -0.45% | -0.42% | -0.20% |
| Larsen & Toubro Ltd. | Construction | 0.98% | ₹20.67 Cr | -0.29% | -0.27% | -0.28% |
| Mahindra & Mahindra Ltd. | Automobile | 0.98% | ₹20.65 Cr | -1.12% | -1.19% | -1.39% |
| TVS Motor Company Ltd. | Automobile | 0.95% | ₹19.98 Cr | +0.79% | +0.74% | +0.76% |
| Multi Commodity Exchange Of India Ltd. | Services | 0.89% | ₹18.84 Cr | +0.76% | +0.67% | +0.74% |
| SBI Life Insurance Company Ltd. | Insurance | 0.86% | ₹18.17 Cr | -1.09% | -0.76% | -0.77% |
| Adani Ports and Special Economic Zone Ltd. | Services | 0.83% | ₹17.60 Cr | -0.24% | -0.19% | -0.20% |
| Infosys Ltd. | Technology | 0.77% | ₹16.30 Cr | +0.77% | +1.15% | +1.74% |
| Craftsman Automation Ltd. | Automobile | 0.77% | ₹16.19 Cr | +0.62% | +0.49% | +0.66% |
| Tata Consultancy Services Ltd. | Technology | 0.76% | ₹16.05 Cr | +0.75% | -0.18% | -0.22% |
| Titan Company Ltd. | Consumer Discretionary | 0.73% | ₹15.41 Cr | -0.55% | -0.54% | -0.46% |
| Sona BLW Precision Forgings Ltd. | Automobile | 0.71% | ₹14.87 Cr | +0.52% | +0.38% | +0.11% |
| LG Electronics India Ltd. | Consumer Discretionary | 0.70% | ₹14.82 Cr | +0.63% | +0.64% | — |
| Maruti Suzuki India Ltd. | Automobile | 0.70% | ₹14.81 Cr | -0.66% | -0.63% | +1.92% |
| NTPC Ltd. | Energy | 0.67% | ₹14.18 Cr | +1.44% | +1.24% | +1.14% |
| Avenue Supermarts Ltd. | Services | 0.67% | ₹14.16 Cr | -0.09% | +0.66% | +0.34% |
| Bharat Electronics Ltd. | Capital Goods | 0.66% | ₹13.84 Cr | +0.79% | +0.53% | +0.54% |
| Divi's Laboratories Ltd. | Healthcare | 0.63% | ₹13.25 Cr | -0.32% | -0.32% | -0.31% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 0.61% | ₹12.90 Cr | +0.66% | — | — |
| Varun Beverages Ltd. | Consumer Staples | 0.58% | ₹12.31 Cr | +0.59% | +0.57% | +0.50% |
| KFin Technologies Ltd. | Financial | 0.56% | ₹11.91 Cr | +0.59% | +0.64% | +0.16% |
| Bharat Petroleum Corporation Ltd. | Energy | 0.56% | ₹11.80 Cr | +0.55% | +0.36% | +0.52% |
| Central Depository Services (India) Ltd. | Financial | 0.54% | ₹11.38 Cr | — | — | — |
| Schaeffler India Ltd. | Capital Goods | 0.54% | ₹11.36 Cr | +0.57% | +0.53% | +0.47% |
| Pine Labs Ltd. | Financial | 0.53% | ₹11.17 Cr | +0.48% | — | — |
| Onesource Specialty Pharma Ltd. | Healthcare | 0.53% | ₹11.12 Cr | +0.51% | +0.45% | +0.50% |
| Kotak Mahindra Bank Ltd. | Financial | 0.50% | ₹10.45 Cr | -1.18% | -1.16% | -1.32% |
| Ambuja Cements Ltd. | Materials | 0.49% | ₹10.36 Cr | -0.56% | -0.58% | -0.83% |
| Krishna Institute of Medical Sciences Ltd | Healthcare | 0.48% | ₹10.04 Cr | +0.97% | +0.32% | +0.24% |
| Small Industries Devp. Bank of India Ltd. | Financial | 0.47% | ₹9.95 Cr | +0.47% | +1.26% | +0.53% |
| JSW Energy Ltd. | Capital Goods | 0.46% | ₹9.75 Cr | +0.48% | +0.43% | +0.27% |
| ITC Ltd. | Consumer Staples | 0.46% | ₹9.61 Cr | +0.49% | +0.72% | +1.19% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 0.45% | ₹9.56 Cr | — | — | — |
| Century Plyboards (India) Ltd. | Materials | 0.45% | ₹9.53 Cr | +0.49% | +0.51% | +0.57% |
| Kusumgar Ltd. | Textiles | 0.44% | ₹9.23 Cr | — | — | — |
| Sai Life Sciences Ltd. | Healthcare | 0.44% | ₹9.22 Cr | +0.44% | +0.38% | +0.27% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.44% | ₹9.21 Cr | -1.24% | -1.28% | -1.17% |
| Kirloskar Oil Engines Ltd. | Capital Goods | 0.42% | ₹8.86 Cr | — | — | — |
| BlackBuck Ltd. | Services | 0.42% | ₹8.81 Cr | +0.36% | +0.31% | — |
| Meesho Ltd. | Services | 0.42% | ₹8.79 Cr | — | — | — |
| Foseco India Ltd. | Chemicals | 0.42% | ₹8.77 Cr | — | — | — |
| Dr. Lal Pathlabs Ltd. | Healthcare | 0.41% | ₹8.55 Cr | +0.33% | +0.29% | — |
| Leela Palaces Hotels & Resorts Ltd. | Services | 0.38% | ₹8.03 Cr | +0.31% | +0.21% | +0.21% |
| India Infrastructure Finance Company Ltd. | Construction | 0.38% | ₹7.98 Cr | +0.38% | +0.41% | +0.42% |
| Godrej Consumer Products Ltd. | Consumer Staples | 0.38% | ₹7.94 Cr | +0.42% | +0.35% | +0.41% |
| Symbiotec Pharmalab Ltd. | Healthcare | 0.36% | ₹7.67 Cr | — | — | — |
| Hindalco Industries Ltd. | Metals & Mining | 0.35% | ₹7.30 Cr | -1.10% | -1.11% | -0.97% |
| Milky Mist Dairy Food Ltd. | Consumer Staples | 0.34% | ₹7.22 Cr | — | — | — |
| Oil And Natural Gas Corporation Ltd. | Energy | 0.34% | ₹7.13 Cr | +0.35% | -0.31% | -0.27% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.31% | ₹6.61 Cr | — | — | — |
| JK Cement Ltd. | Materials | 0.31% | ₹6.50 Cr | +0.33% | +0.34% | +0.42% |
| International Gemological Institute Ltd. | Consumer Discretionary | 0.30% | ₹6.40 Cr | +0.34% | +0.33% | +0.36% |
| Eris Lifesciences Ltd. | Healthcare | 0.29% | ₹6.02 Cr | +0.34% | — | — |
| Vishal Mega Mart Ltd. | Services | 0.28% | ₹5.91 Cr | +0.32% | +0.32% | +0.41% |
| Campus Activewear Ltd. | Consumer Discretionary | 0.28% | ₹5.86 Cr | +0.25% | +0.22% | — |
| Ultratech Cement Ltd. | Materials | 0.26% | ₹5.49 Cr | +0.26% | +0.28% | +0.32% |
| Tech Mahindra Ltd. | Technology | 0.25% | ₹5.33 Cr | — | — | -0.25% |
| Mphasis Ltd. | Technology | 0.25% | ₹5.25 Cr | -0.01% | +0.26% | +0.11% |
| Care Ratings Ltd. | Services | 0.24% | ₹5.14 Cr | +0.25% | +0.24% | +0.25% |
| Deepak Nitrite Ltd. | Chemicals | 0.24% | ₹5.13 Cr | +0.20% | +0.18% | +0.26% |
| Zensar Technologies Ltd. | Technology | 0.24% | ₹5.05 Cr | +0.24% | +0.32% | +0.47% |
| Shiprocket Ltd. | Technology | 0.23% | ₹4.80 Cr | — | — | — |
| Siemens Energy India Ltd. | Energy | 0.23% | ₹4.76 Cr | — | — | — |
| GOI | Sovereign | 0.23% | ₹4.76 Cr | +1.17% | +0.24% | +0.26% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | 0.22% | ₹4.59 Cr | +0.57% | +0.60% | +0.82% |
| Go Digit General Insurance Ltd. | Insurance | 0.22% | ₹4.54 Cr | +0.26% | +0.29% | +0.31% |
| Power Finance Corporation Ltd. | Financial | 0.20% | ₹4.30 Cr | +0.44% | +0.43% | +0.68% |
| Neogen Chemicals Ltd. | Chemicals | 0.20% | ₹4.26 Cr | — | — | — |
| JSW Infrastructure Ltd. | Services | 0.19% | ₹4.10 Cr | +0.11% | — | — |
| National Bank For Agriculture & Rural Development | Financial | 0.19% | ₹3.97 Cr | +0.19% | +0.21% | +0.78% |
| BSE Ltd. | Services | 0.18% | ₹3.87 Cr | — | -0.42% | — |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.18% | ₹3.85 Cr | +0.24% | +0.21% | +0.14% |
| Greenply Industries Ltd. | Materials | 0.17% | ₹3.67 Cr | +0.17% | +0.11% | +0.19% |
| Gujarat Energy Ltd. | Energy | 0.17% | ₹3.64 Cr | +0.24% | — | — |
| Interglobe Aviation Ltd. | Services | 0.17% | ₹3.54 Cr | +0.18% | -0.12% | +0.35% |
| Eicher Motors Ltd. | Automobile | 0.15% | ₹3.21 Cr | -1.17% | -0.65% | +0.21% |
| Kanohar Electricals Ltd. | Capital Goods | 0.15% | ₹3.20 Cr | — | — | — |
| Turtlemint Fintech Solutions Ltd. | Financial | 0.15% | ₹3.15 Cr | — | — | — |
| Atul Ltd. | Chemicals | 0.13% | ₹2.78 Cr | +0.30% | +0.32% | +0.30% |
| Prince Pipes and Fittings Ltd. | Materials | 0.08% | ₹1.63 Cr | +0.09% | +0.07% | +0.11% |
| GSPL Transmission Ltd. | Energy | 0.03% | ₹0.74 Cr | — | — | — |
| Moneyview Ltd. | Financial | 0.01% | ₹0.15 Cr | — | — | — |
| HDFC Life Insurance Co Ltd. | Insurance | 0.00% | ₹0.01 Cr | -0.37% | -0.41% | — |
| Adani Enterprises Ltd. | Services | 0.00% | ₹0.00 Cr | -0.74% | -0.47% | — |
| United Spirits Ltd. | Consumer Staples | 0.00% | ₹0.00 Cr | -0.22% | -0.22% | -0.24% |
| Bharat Heavy Electricals Ltd. | Capital Goods | -0.00% | ₹-0.00 Cr | -0.15% | -0.10% | — |
| Asian Paints Ltd. | Materials | -0.00% | ₹-0.00 Cr | -0.28% | -0.25% | -0.27% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | -0.00% | ₹-0.00 Cr | -0.87% | -0.80% | -0.65% |
| Tata Power Company Ltd. | Energy | -0.00% | ₹-0.01 Cr | -0.17% | -0.19% | -0.19% |
| Punjab National Bank | Financial | -0.00% | ₹-0.01 Cr | -0.10% | -0.10% | +5.63% |
| Cipla Ltd. | Healthcare | -0.00% | ₹-0.01 Cr | -0.44% | -0.48% | -0.59% |
| Ashok Leyland Ltd. | Automobile | -0.00% | ₹-0.01 Cr | -0.20% | — | — |
| The Indian Hotels Company Ltd. | Services | -0.00% | ₹-0.01 Cr | -0.16% | -0.14% | -0.17% |
| Bank Of Baroda | Financial | -0.00% | ₹-0.02 Cr | -0.19% | -0.19% | -0.20% |
| Nestle India Ltd. | Consumer Staples | -0.00% | ₹-0.02 Cr | -0.28% | — | — |
| Aurobindo Pharma Ltd. | Healthcare | -0.00% | ₹-0.02 Cr | -0.58% | -0.52% | -0.43% |
| Jindal Steel Ltd. | Metals & Mining | -0.00% | ₹-0.02 Cr | -1.03% | -1.18% | -1.13% |
| The Federal Bank Ltd. | Financial | -0.00% | ₹-0.03 Cr | -0.68% | -0.59% | — |
| HDFC Asset Management Company Ltd. | Financial | -0.00% | ₹-0.03 Cr | -0.38% | -0.34% | — |
| Canara Bank | Financial | -0.00% | ₹-0.05 Cr | -0.58% | -0.62% | — |
| JSW Steel Ltd. | Metals & Mining | -0.01% | ₹-0.11 Cr | -1.03% | -1.03% | -1.06% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 12.47% | 9.78% | -2.69% |
| Tata Capital Housing Finance Ltd. | 0.00% | 1.19% | +1.19% |
| Sundaram Finance Ltd. | 0.00% | 1.10% | +1.10% |
| Eicher Motors Ltd. | -0.65% | -0.03% | +0.62% |
| NTPC Ltd. | 1.19% | 0.67% | -0.52% |
| Meesho Ltd. | 0.00% | 0.42% | +0.42% |
| Kirloskar Oil Engines Ltd. | 0.01% | 0.42% | +0.41% |
| ABB India Ltd. | 0.39% | 0.00% | -0.39% |
| Life Insurance Corporation of India | 0.36% | 0.00% | -0.36% |
| Symbiotec Pharmalab Ltd. | 0.02% | 0.36% | +0.34% |
| ICICI Bank Ltd. | 3.77% | 3.52% | -0.25% |
| Siemens Energy India Ltd. | 0.00% | 0.23% | +0.23% |
| Glenmark Pharmaceuticals Ltd. | 0.43% | 0.22% | -0.21% |
| The Federal Bank Ltd. | -0.35% | -0.14% | +0.21% |
| Neogen Chemicals Ltd. | 0.00% | 0.20% | +0.20% |
| State Bank of India | 2.84% | 2.64% | -0.20% |
| BSE Ltd. | 0.00% | 0.18% | +0.18% |
| Cipla Ltd. | -0.21% | -0.04% | +0.17% |
| Atul Ltd. | 0.29% | 0.13% | -0.15% |
| Kanohar Electricals Ltd. | 0.00% | 0.15% | +0.15% |
| Dr. Reddy's Laboratories Ltd. | 0.32% | 0.45% | +0.13% |
| Axis Bank Ltd. | 1.62% | 1.74% | +0.12% |
| Tata Consultancy Services Ltd. | 0.87% | 0.76% | -0.10% |
| Asian Paints Ltd. | -0.13% | -0.03% | +0.10% |
| Turtlemint Fintech Solutions Ltd. | 0.24% | 0.15% | -0.09% |
| Infosys Ltd. | 0.86% | 0.77% | -0.08% |
| Shriram Finance Ltd | -0.23% | -0.15% | +0.08% |
| JSW Infrastructure Ltd. | 0.27% | 0.19% | -0.08% |
| LG Electronics India Ltd. | 0.78% | 0.70% | -0.08% |
| Laurus Labs Ltd. | 1.16% | 1.24% | +0.07% |
| Sai Life Sciences Ltd. | 0.51% | 0.44% | -0.07% |
| KFin Technologies Ltd. | 0.63% | 0.56% | -0.07% |
| Mahindra & Mahindra Ltd. | -0.61% | -0.55% | +0.06% |
| Mindspace Business Parks REIT | 2.26% | 2.31% | +0.06% |
| Varun Beverages Ltd. | 0.53% | 0.58% | +0.06% |
| Ashok Leyland Ltd. | -0.11% | -0.06% | +0.05% |
| Milky Mist Dairy Food Ltd. | 0.39% | 0.34% | -0.05% |
| TD Power Systems Ltd. | 1.15% | 1.20% | +0.05% |
| Central Depository Services (India) Ltd. | 0.58% | 0.54% | -0.04% |
| JSW Energy Ltd. | 0.42% | 0.46% | +0.04% |
| Pine Labs Ltd. | 0.49% | 0.53% | +0.04% |
| Century Plyboards (India) Ltd. | 0.49% | 0.45% | -0.04% |
| Craftsman Automation Ltd. | 0.80% | 0.77% | -0.03% |
| Apollo Hospitals Enterprise Ltd. | 0.28% | 0.31% | +0.03% |
| Sona BLW Precision Forgings Ltd. | 0.67% | 0.71% | +0.03% |
| Tata Motors Passenger Vehicles Ltd. | -0.38% | -0.35% | +0.03% |
| Manappuram Finance Ltd. | 1.15% | 1.18% | +0.03% |
| Cholamandalam Financial Holdings Ltd. | 1.14% | 1.17% | +0.03% |
| ICICI Securities Ltd. | 1.14% | 1.17% | +0.03% |
| Muthoot Finance Ltd. | 1.13% | 1.16% | +0.03% |
| Shiprocket Ltd. | 0.26% | 0.23% | -0.03% |
| Maruti Suzuki India Ltd. | -0.31% | -0.28% | +0.03% |
| Hindalco Industries Ltd. | -0.58% | -0.55% | +0.03% |
| Deepak Nitrite Ltd. | 0.27% | 0.24% | -0.03% |
| TVS Motor Company Ltd. | 0.97% | 0.95% | -0.03% |
| Kusumgar Ltd. | 0.41% | 0.44% | +0.03% |
| Bharat Electronics Ltd. | 0.68% | 0.66% | -0.02% |
| ITC Ltd. | 0.43% | 0.46% | +0.02% |
| Bajaj Housing Finance Ltd. | 1.15% | 1.17% | +0.02% |
| Titan Company Ltd. | -0.31% | -0.29% | +0.02% |
| Mphasis Ltd. | 0.27% | 0.25% | -0.02% |
| Bharat Petroleum Corporation Ltd. | 0.58% | 0.56% | -0.02% |
| Dr. Lal Pathlabs Ltd. | 0.38% | 0.41% | +0.02% |
| BlackBuck Ltd. | 0.40% | 0.42% | +0.02% |
| Bharti Airtel Ltd. | -0.67% | -0.64% | +0.02% |
| Vishal Mega Mart Ltd. | 0.30% | 0.28% | -0.02% |
| Crompton Greaves Consumer Electricals Ltd. | 0.20% | 0.18% | -0.02% |
| Sun Pharmaceutical Industries Ltd. | -0.63% | -0.61% | +0.02% |
| Eris Lifesciences Ltd. | 0.30% | 0.29% | -0.02% |
| Tata Steel Ltd. | -0.37% | -0.39% | -0.02% |
| Onesource Specialty Pharma Ltd. | 0.51% | 0.53% | +0.02% |
| HDFC Bank Ltd. | -0.53% | -0.54% | -0.02% |
| Vedanta Aluminium Metal Ltd. | 0.63% | 0.61% | -0.02% |
| International Gemological Institute Ltd. | 0.32% | 0.30% | -0.02% |
| Campus Activewear Ltd. | 0.29% | 0.28% | -0.01% |
| Zensar Technologies Ltd. | 0.25% | 0.24% | -0.01% |
| Reliance Industries Ltd. | -0.25% | -0.23% | +0.01% |
| HDFC Asset Management Company Ltd. | -0.18% | -0.16% | +0.01% |
| Foseco India Ltd. | 0.40% | 0.42% | +0.01% |
| Ambuja Cements Ltd. | -0.26% | -0.25% | +0.01% |
| Leela Palaces Hotels & Resorts Ltd. | 0.37% | 0.38% | +0.01% |
| Small Industries Devp. Bank of India Ltd. | 0.46% | 0.47% | +0.01% |
| Adani Ports and Special Economic Zone Ltd. | -0.10% | -0.12% | -0.01% |
| Godrej Consumer Products Ltd. | 0.39% | 0.38% | -0.01% |
| Greenply Industries Ltd. | 0.16% | 0.17% | +0.01% |
| Nestle India Ltd. | -0.14% | -0.13% | +0.01% |
| JSW Steel Ltd. | -0.54% | -0.53% | +0.01% |
| Tech Mahindra Ltd. | 0.26% | 0.25% | -0.01% |
| Care Ratings Ltd. | 0.25% | 0.24% | -0.01% |
| Torrent Pharmaceuticals Ltd. | 0.37% | 0.36% | -0.01% |
| India Infrastructure Finance Company Ltd. | 0.37% | 0.38% | +0.01% |
| Prince Pipes and Fittings Ltd. | 0.09% | 0.08% | -0.01% |
| United Spirits Ltd. | -0.12% | -0.11% | +0.01% |
| Divi's Laboratories Ltd. | -0.22% | -0.23% | -0.01% |
| Go Digit General Insurance Ltd. | 0.21% | 0.22% | +0.01% |
| Haryana State | 1.10% | 1.11% | +0.01% |
| Krishna Institute of Medical Sciences Ltd | 0.47% | 0.48% | +0.01% |
| Moneyview Ltd. | 0.00% | 0.01% | +0.01% |
| Canara Bank | -0.28% | -0.28% | +0.01% |
| Larsen & Toubro Ltd. | -0.14% | -0.13% | +0.01% |
| Aurobindo Pharma Ltd. | -0.30% | -0.31% | -0.01% |
| JK Cement Ltd. | 0.30% | 0.31% | +0.01% |
| National Bank For Agriculture & Rural Development | 0.18% | 0.19% | 0.00% |
| Tata Power Company Ltd. | -0.08% | -0.08% | 0.00% |
| Ultratech Cement Ltd. | 0.26% | 0.26% | 0.00% |
| GOI | 0.22% | 0.23% | 0.00% |
| SBI Life Insurance Company Ltd. | -0.53% | -0.53% | 0.00% |
| Interglobe Aviation Ltd. | 0.17% | 0.17% | 0.00% |
| The Indian Hotels Company Ltd. | -0.08% | -0.08% | 0.00% |
| HDFC Life Insurance Co Ltd. | -0.17% | -0.17% | 0.00% |
| Eternal Ltd. | 1.05% | 1.06% | 0.00% |
| Kotak Mahindra Bank Ltd. | -0.63% | -0.63% | 0.00% |
| Adani Enterprises Ltd. | -0.35% | -0.36% | 0.00% |
| Bajaj Finance Ltd. | -0.03% | -0.03% | 0.00% |
| Gujarat Energy Ltd. | 0.18% | 0.17% | 0.00% |
| Avenue Supermarts Ltd. | 0.67% | 0.67% | 0.00% |
| Multi Commodity Exchange Of India Ltd. | 0.89% | 0.89% | 0.00% |
| Bharat Heavy Electricals Ltd. | -0.08% | -0.08% | 0.00% |
| Power Finance Corporation Ltd. | 0.20% | 0.20% | 0.00% |
| Schaeffler India Ltd. | 0.54% | 0.54% | 0.00% |
| Punjab National Bank | -0.05% | -0.05% | 0.00% |
| Oil And Natural Gas Corporation Ltd. | 0.34% | 0.34% | 0.00% |
| GSPL Transmission Ltd. | 0.04% | 0.03% | 0.00% |
| Jindal Steel Ltd. | -0.55% | -0.55% | 0.00% |
| Bank Of Baroda | -0.08% | -0.08% | 0.00% |
| Indusind Bank Ltd. | 0.00% | 0.00% | 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 | ₹18,271 Cr | 2.11% | 7.3% | 6.9% | 10.2% |
 ICICI Prudential Balanced Advantage Fund | ₹71,892 Cr | 1.52% | 8.8% | 8.6% | 10.5% |
 Aditya Birla Sun Life Balanced Advantage Fund | ₹9,847 Cr | 1.96% | 10.5% | 8.9% | 10.5% |
 Baroda BNP Paribas Balanced Advantage Fund | ₹5,162 Cr | 2.04% | 7.8% | 7.7% | 10.4% |
 Axis Balanced Advantage Fund | ₹3,643 Cr | 2.18% | 7.4% | 6.8% | 9.7% |
 Quant Dynamic Asset Allocation Fund | ₹810 Cr | 2.84% | 2.0% | 2.5% | — |
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 months4.70% absolute | ₹60,000 | ₹62,820 | 4.70% | |
| 1 year4.27% annualised | ₹1,20,000 | ₹1,22,812 | 2.34% | |
| 3 years9.83% annualised | ₹3,60,000 | ₹4,20,154 | 16.71% |
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 ₹15.00 as on 9 Nov 2026.
What is the expense ratio of Mirae Asset Balanced Advantage Fund?
The expense ratio of Mirae Asset Balanced Advantage Fund is 2.29% 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 54 schemes with ₹2,45,364 Cr under management.