- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Balanced Advantage Fund Direct (G)
Mirae Asset Balanced Advantage Fund Direct (G)
₹ 14.023
NAV (Oct 21)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 14.023
NAV (Oct 21)
Fund Returns
Last 1Y | 22.1% |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 16.6% |
6 Month CAGR | 10.6% |
Scheme Information
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.
Expense Ratio | 0.68% |
Launched 2Y ago | 2022-08-11 |
AUM in Crores | 1770 |
ISIN | INF769K01IN6 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY 50 Hybrid Composite debt 50:50 Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | - |
Beta | - |
Sharpe Ratio | - |
YTM | - |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mirae Asset Balanced Advantage Fund Direct (G) | 12,89,930 | 5,57,318 | 22.1% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Stock Holdings
Others
18.81%Others
5.11%GOI
5.1%HDFC Bank Ltd.
4.54%GOI
4.2%Allocation by Sector
Financial
14.48%Technology
4.81%Energy
4.73%Services
3.18%Healthcare
3.09%Comparison with Others Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 3,200 cr | ||
₹ 2,123 cr | ||
₹ 26,417 cr | ||
₹ 10,307 cr | ||
₹ 2,496 cr |
About the AMC
Mirae Asset Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
14.3% | 19.4% | ||
19.1% | 24% | ||
9.6% | 11.9% | ||
19.2% | 27.7% | ||
14% | 20.8% |
Mirae Asset Balanced Advantage Fund Direct (G) Review
Mirae Asset Balanced Advantage Fund Direct (G) is a Dynamic Asset Allocation or Balanced Advantage Others fund and has delivered an annualised return of 16.64% over 2 years. The fund has grown over a period of 2 years. The fund is managed by Mirae Asset Mutual Fund. The fund managers are Harshad Borawake, Mahendra Kumar Jajoo.
Nav of Mirae Asset Balanced Advantage Fund Direct (G) as of 10/21/2024 is ₹14.02 with the total AUM as of 10/22/2024 is ₹1770.05. 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 2022-08-11.
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)?
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.
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 0.68% for regular plan.
What is the NAV of Mirae Asset Balanced Advantage Fund Direct (G)?
Today's Mirae Asset Balanced Advantage Fund Direct (G) NAV is ₹14.02.