- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Balanced Advantage Fund (Growth)
Mirae Asset Balanced Advantage Fund (Growth)
₹ 13.35
NAV (Jul 25)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 13.35
NAV (Jul 25)
Fund Returns
Last 1Y | 19.8% |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 15.9% |
6 Month CAGR | 10.5% |
Scheme Information
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 | 2.08 |
Launched (2y ago) | Aug 12, 2022 |
AUM in Crores | 1655.035 |
ISIN | INF769K01IK2 |
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 | 7.39 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mirae Asset Balanced Advantage Fund (Growth) | 12,13,420 | 4,80,808 | 19.9% | |
| 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
cash offset for derivatives
17.2%7.18% govt stock 2033
5.2%hdfc bank ltd
5.1%7.38% govt stock 2027
4.3%export-import bank of india
3.6%Allocation by Sector
financial services
21%basic materials
7.5%consumer cyclical
6.5%energy
6.1%technology
6%Comparison with Hybrid Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 11,720 cr | ||
₹ 37,036 cr | ||
₹ 9,464 cr | ||
₹ 3,355 cr | ||
₹ 3,282 cr |
About the AMC
Mirae Asset Global Inv (India) Pvt. Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
18% | 19.8% | ||
17.2% | 19.3% | ||
22.9% | 29% | ||
14.4% | 22.5% | ||
10.6% | 12% |
Mirae Asset Balanced Advantage Fund (G) Review
Mirae Asset Balanced Advantage Fund (G) is a Dynamic Asset Allocation Or Balanced Advantage Hybrid fund and has delivered an annualised return of 15.9% 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 (G) as of 7/25/2024 is ₹13.35 with the total AUM as of 7/26/2024 is ₹1655.035. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Balanced Advantage Fund (G) was launched on Aug 12, 2022. The category risk of the fund is High Risk.
The minimum SIP amount for Mirae Asset Balanced Advantage Fund (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 (G)?
How to invest in Mirae Asset Balanced Advantage Fund (G)?
You can invest in Mirae Asset Balanced Advantage Fund (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 (G)?
The minimum sip amount for Mirae Asset Balanced Advantage Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is Mirae Asset Balanced Advantage Fund (G) good to invest in?
As per Scripbox experts, Mirae Asset Balanced Advantage Fund (G) is a Not Reviewed Yet fund. You can investMirae Asset Balanced Advantage Fund (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 (G)?
The expense ratio of the Mirae Asset Balanced Advantage Fund (G) is 2.08% for regular plan.