• Mutual Funds
  • Mirae Asset Mutual Fund
  • Mirae Asset Balanced Advantage Fund Direct (Growth)
Mirae Asset Mutual Fund

Mirae Asset Balanced Advantage Fund Direct (Growth)

HybridDynamic Asset Allocation Or Balanced Advantage

12.7

NAV (Mar 01)

16.5%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Outperformance Consistency

Invest in this fund
Scripbox Recommended Equity Funds
Want the equity funds that are right for your long term equity investment needs?Learn more
fund-logo
Parag Parikh Flexi Cap Regular Growth
17.1%5Y CAGR
fund-logo
HDFC Large and Mid Cap Fund Growth
12.7%5Y CAGR
fund-logo
PGIM India Midcap Opportunities Fund Regular Growth
15.8%5Y CAGR
fund-logo
Canara Robeco Bluechip Equity Fund Regular Plan Growth
12.4%5Y CAGR

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

12.7

NAV (Mar 1)

Fund Returns

Last 1Y
25.5%
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
16.5%
6 Month CAGR
11%

Scheme Information

Investment 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.

Expense Ratio
0.69
Launched (2y ago)
Aug 12, 2022
AUM in Crores
1492.667
ISIN
INF769K01IN6
Lock-in
No Lock-in
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0
Standard Deviation (5yr)
0
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0
Sharpe Ratio (5yr)
0
YTM
7.5
Fund Managers

Mahendra Jajoo

Fund Manager

Harshad Borawake

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Mirae Asset Balanced Advantage Fund Direct (Growth)70%14,16,639 6,84,02725.5%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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 before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-03-01

Top Stock Holdings

treps

6.8%
6.8%

7.38% govt stock 2027

4.7%
4.7%

hdfc bank ltd

4.4%
4.4%

icici bank ltd

4.2%
4.2%

6.54% govt stock 2032

3.2%
3.2%
See all holdings

Allocation by Sector

financial services

22%
22%

consumer cyclical

9%
9%

technology

7%
7%

industrials

6.5%
6.5%

basic materials

6.3%
6.3%
See all sectors

Comparison with Hybrid Funds

Fund NameFund SizeRolling Returns
Edelweiss Balanced Advantage Fund (G)
Edelweiss Balanced Advantage Fund (G)

₹ 10,349 cr

₹ 31,196 cr

₹ 8,516 cr

₹ 3,054 cr

₹ 3,380 cr

About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 158,273 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 35 equity,48 debt and 9 hybrid funds.amc-img
022-67800300
customercare@miraeasset.com
Fund NameScripbox Opinion
Till Date CAGR
Mirae Asset ELSS Tax Saver Fund (G)
Mirae Asset ELSS Tax Saver Fund (G)

17.7%

19%

16.6%

18.4%

18.3%

21.5%

10.5%

11.6%

18.6%

20.7%

Mirae Asset Balanced Advantage Fund Direct (G) Review

Mirae Asset Balanced Advantage Fund Direct (G) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 16.5% over a period of 1 years. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund managers are Harshad Borawake, Mahendra Jajoo.

Nav of Mirae Asset Balanced Advantage Fund Direct (G) as of 3/1/2024 is ₹12.70 with the total AUM as of 3/3/2024 is ₹1492.667. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Balanced Advantage Fund Direct (G) was launched on Aug 12, 2022. The category risk of the fund is Very High Risk.

The minimum SIP amount for Mirae Asset Balanced Advantage Fund Direct (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Frequently Asked Questions

What is Mirae Asset Balanced Advantage Fund Direct (G)?

Mirae Asset Balanced Advantage Fund Direct (G) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid scheme predominantly investing across Hybrid instruments with an investment objective to generate wealth over the long term.

How to invest in Mirae Asset Balanced Advantage Fund Direct (G)?

You can invest in Mirae Asset Balanced Advantage Fund Direct (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Mirae Asset Balanced Advantage Fund Direct (G)?

The minimum sip amount for Mirae Asset Balanced Advantage Fund Direct (G) is ₹1000. You can invest in multiples of ₹5000.

Is Mirae Asset Balanced Advantage Fund Direct (G) good to invest in?

As per Scripbox experts, Mirae Asset Balanced Advantage Fund Direct (G) is a Not Reviewed Yet fund. You can investMirae Asset Balanced Advantage Fund Direct (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Mirae Asset Balanced Advantage Fund Direct (G)?

The expense ratio of the Mirae Asset Balanced Advantage Fund Direct (G) is 0.69% for regular plan.