Mirae Asset Balanced Advantage Fund Direct Growth
3Y Annualised
N/A
-0.08% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
1.61%
-0.08% 1D
Benchmark
N/A
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
9 years 6 months
4 years 5 months
9 years 7 months
Fund info
Fund size
₹3232.92 Cr
Min. SIP amount
₹500
Min. Lumpsum amount
₹5000
Exit load
0%
Exit load: I. For investors who have opted forSWP under the plan:a) 15% of the units allotted (including Switchin/STP-in) on or before completion of 180 daysfrom the date of allotment of units: Nil.b) Any redemption in excess of such limits inthe first 180 days from the date of allotmentshall be subject to the following exit load:(Redemption of units would be done on First InFirst Out Basis (FIFO):-If redeemed within 6 months (180 days) fromthe date of allotment: 1%-If redeemed after 6 months (180 days) fromthe date of allotment: NILII. Other Redemptions: For Investors who havenot opted for SWP under the plan (includingSwitch out, STP out):-If redeemed within 6 months (180 days) fromthe date of allotment: 1%-If redeemed after 6 months (180 days) fromthe date of allotment: NIL
Risk Profile
Moderately High risk
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
ICICI Prudential Balanced Advantage Fund Quarterly Payout of Inc Dist cum Cap Wdrl
2nd
ICICI Prudential Balanced Advantage Fund Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl
3rd
Motilal Oswal Balance Advantage Fund Direct Plan Growth Option
4th
Motilal Oswal Balance Advantage Fund Direct Plan Quarterly Reinvestment of Income Dis cum cptl wdrl
5th
Motilal Oswal Balance Advantage Fund Direct Plan Quarterly Payout of Income Dis cum cptl wdrl
71st
Mirae Asset Balanced Advantage Fund Direct Growth
Fund Managers
About Mirae Asset Balanced Advantage Fund Direct Growth
Mirae Asset Balanced Advantage Fund Direct Growth is a Allocation mutual fund scheme from Mirae Asset Investment Managers (India) Private Limited. This fund has been in existence for 2 years, having been launched on 2022-08-12. Mirae Asset Balanced Advantage Fund Direct Growth has ₹3232.92 Cr worth of assets under management (AUM) as of Sat Jul 19 2025. The latest Net Asset Value (NAV) of Mirae Asset Balanced Advantage Fund Direct Growth as of Fri Jul 18 2025 is ₹14.759. The fund has an expense ratio of 0.69%, which is medium comparable to most other Allocation funds.
Mirae Asset Balanced Advantage Fund Direct Growth returns for the last 1 year are 7.54%. Since launch, it has delivered 14.27% average annual returns.
The Mirae Asset Balanced Advantage Fund Direct Growth has the majority of its money invested in Financial Services, null, Communication Services, Energy, Technology sectors.
Top 5 Holdings of Mirae Asset Balanced Advantage Fund Direct Growth.
- HDFC Bank Ltd: 5.89%
- 7.18% Govt Stock 2033: 3.88%
- Power Finance Corporation Limited: 3.20%
- 6.79% Govt Stock 2034: 3.13%
- ICICI Bank Ltd: 2.72%
AMC Information
| Name | Mirae Asset Investment Managers (India) Private Limited |
|---|---|
| Founding Date | 2022-08-12 |
| customercare@miraeasset.com | |
| Phone | 022-6780 0300 |
| Website | www.miraeassetmf.co.in |
| Address | Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098 |
Tax Implications of Mirae Asset Balanced Advantage Fund Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from Mirae Asset Investment Managers (India) Private Limited
Fixed IncomeLow Duration
3Y CAGR
6.99%
expense ratio
0.85%
fund size
₹1565.38 Cr
Fixed IncomeLow Duration
3Y CAGR
6.33%
expense ratio
0.85%
fund size
₹1565.38 Cr
Fixed IncomeDynamic Bond
3Y CAGR
6.79%
expense ratio
1.02%
fund size
₹120.56 Cr
Fixed IncomeDynamic Bond
3Y CAGR
7.77%
expense ratio
0.16%
fund size
₹120.56 Cr
EquityLarge & Mid-Cap
3Y CAGR
20.55%
expense ratio
0.60%
fund size
₹41201.87 Cr
FAQs
What is the current NAV of Mirae Asset Balanced Advantage Fund Direct Growth?
What are the average returns of Mirae Asset Balanced Advantage Fund Direct Growth?
How do I invest in Mirae Asset Balanced Advantage Fund Direct Growth?
What is the expense ratio of Mirae Asset Balanced Advantage Fund Direct Growth?
What are net assets under management (AUM) of Mirae Asset Balanced Advantage Fund Direct Growth?
What is the PE and PB ratio of Mirae Asset Balanced Advantage Fund Direct Growth?
What are the top 5 holdings of Mirae Asset Balanced Advantage Fund Direct Growth?
What are the top 3 sectors that Mirae Asset Balanced Advantage Fund Direct Growth has invested in?
Who is the manager of Mirae Asset Balanced Advantage Fund Direct Growth?
What is the exit load of Mirae Asset Balanced Advantage Fund Direct Growth?
How to Redeem Mirae Asset Balanced Advantage Fund Direct Growth?
Can I invest in SIP and a Lump Sum of Mirae Asset Balanced Advantage Fund Direct Growth?
