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Mirae Asset Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationModerately High risk
Direct
NAV (21-Jan-25)
₹13.63-0.81%1D
Returns (Since Inception)
13.42%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,779 Cr
Expense Ratio
0.74%
ISIN
INF769K01IN6
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
12 Aug 2022
About this fund
Mirae Asset Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 2 years, 5 months and 10 days, having been launched on 12-Aug-22.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹13.63, Assets Under Management (AUM) of 1779.30 Crores, and an expense ratio of 0.74%.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹13.63, Assets Under Management (AUM) of 1779.30 Crores, and an expense ratio of 0.74%.
- Mirae Asset Balanced Advantage Fund Direct Growth has given a CAGR return of 13.42% since inception.
- The fund's asset allocation comprises around 46.82% in equities, 29.00% in debts, and 24.17% in cash & cash equivalents.
- You can start investing in Mirae Asset Balanced Advantage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+10.07%
+10.18% (Cat Avg.)
Since Inception
+13.42%
— (Cat Avg.)
Portfolio Summaryas of 31st December 2024
| Equity | ₹833.12 Cr | 46.82% |
| Debt | ₹516.07 Cr | 29.00% |
| Others | ₹430.11 Cr | 24.17% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹314.63 Cr | 17.68% |
| Treps | Cash - Repurchase Agreement | ₹87.12 Cr | 4.90% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹79.81 Cr | 4.49% |
| HDFC Bank Ltd | Equity | ₹78.88 Cr | 4.43% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹71.03 Cr | 3.99% |
| Rec Limited | Bond - Corporate Bond | ₹49.97 Cr | 2.81% |
| ICICI Bank Ltd | Equity | ₹47.19 Cr | 2.65% |
| Bharti Airtel Ltd | Equity | ₹42.69 Cr | 2.40% |
| Infosys Ltd | Equity | ₹39.48 Cr | 2.22% |
| State Bank of India | Equity | ₹39.22 Cr | 2.20% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹35.15 Cr | 1.98% |
| Reliance Industries Ltd | Equity | ₹35.09 Cr | 1.97% |
| Axis Bank Ltd | Equity | ₹29.24 Cr | 1.64% |
| Larsen & Toubro Ltd | Equity | ₹28.72 Cr | 1.61% |
| Tata Consultancy Services Ltd | Equity | ₹28.68 Cr | 1.61% |
| NTPC Ltd | Equity | ₹26.68 Cr | 1.50% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹25.09 Cr | 1.41% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹24.98 Cr | 1.40% |
| 6.54% Govt Stock 2032 | Bond - Gov't/Treasury | ₹24.63 Cr | 1.38% |
| Mahindra & Mahindra Ltd | Equity | ₹23.87 Cr | 1.34% |
| Coal India Ltd | Equity | ₹23.83 Cr | 1.34% |
| Ambuja Cements Ltd | Equity | ₹23.17 Cr | 1.30% |
| Shriram Finance Ltd | Equity | ₹22.03 Cr | 1.24% |
| Kotak Mahindra Bank Ltd | Equity | ₹21.99 Cr | 1.24% |
| TD Power Systems Ltd | Equity | ₹21.42 Cr | 1.20% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹20.97 Cr | 1.18% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹20.11 Cr | 1.13% |
| Tata Motors Ltd | Equity | ₹19.26 Cr | 1.08% |
| Aurobindo Pharma Ltd | Equity | ₹19 Cr | 1.07% |
| Hindalco Industries Ltd | Equity | ₹18.36 Cr | 1.03% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹17.98 Cr | 1.01% |
| Zomato Ltd | Equity | ₹16.84 Cr | 0.95% |
| ITC Ltd | Equity | ₹15.9 Cr | 0.89% |
| Future on Coal India Ltd | Equity - Future | ₹-15.24 Cr | 0.86% |
| Bharat Petroleum Corp Ltd | Equity | ₹15.16 Cr | 0.85% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹15.07 Cr | 0.85% |
| Godrej Properties Limited | Bond - Corporate Bond | ₹15 Cr | 0.84% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.96 Cr | 0.84% |
| Power Finance Corp Ltd | Equity | ₹14.44 Cr | 0.81% |
| Bajaj Finance Ltd | Equity | ₹14.24 Cr | 0.80% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-14.24 Cr | 0.80% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.08 Cr | 0.79% |
| Multi Commodity Exchange of India Ltd | Equity | ₹14.05 Cr | 0.79% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹13.69 Cr | 0.77% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-13.57 Cr | 0.76% |
| SBI Life Insurance Co Ltd | Equity | ₹13.51 Cr | 0.76% |
| Bharat Electronics Ltd | Equity | ₹13.27 Cr | 0.75% |
| Brigade Enterprises Ltd | Equity | ₹12.81 Cr | 0.72% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-12.3 Cr | 0.69% |
| Tata Steel Ltd | Equity | ₹12.2 Cr | 0.69% |
| Oil & Natural Gas Corp Ltd | Equity | ₹11.99 Cr | 0.67% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-11.77 Cr | 0.66% |
| Hindustan Unilever Ltd | Equity | ₹11.46 Cr | 0.64% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-11.44 Cr | 0.64% |
| Jindal Steel & Power Ltd | Equity | ₹11.31 Cr | 0.64% |
| International Gemmological Institute (India) Ltd | Equity | ₹11.21 Cr | 0.63% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹11.2 Cr | 0.63% |
| Vedanta Ltd | Equity | ₹10.64 Cr | 0.60% |
| Zensar Technologies Ltd | Equity | ₹10.53 Cr | 0.59% |
| TVS Motor Co Ltd | Equity | ₹10.51 Cr | 0.59% |
| LIC Housing Finance Ltd | Equity | ₹10.51 Cr | 0.59% |
| Torrent Pharmaceuticals Ltd | Equity | ₹10.39 Cr | 0.58% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹10.27 Cr | 0.58% |
| Jamnagar Utilities And Power Private Limited | Bond - Corporate Bond | ₹10.1 Cr | 0.57% |
| Craftsman Automation Ltd | Equity | ₹10.08 Cr | 0.57% |
| Ncd Small Industries Development Bank Of India | Bond - Corporate Bond | ₹10 Cr | 0.56% |
| Rec Limited | Bond - Corporate Bond | ₹9.99 Cr | 0.56% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹9.97 Cr | 0.56% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹9.95 Cr | 0.56% |
| LTIMindtree Ltd | Equity | ₹9.93 Cr | 0.56% |
| Future on Jindal Steel & Power Ltd | Equity - Future | ₹-9.59 Cr | 0.54% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹9.51 Cr | 0.53% |
| Rec Limited | Bond - Corporate Bond | ₹9 Cr | 0.51% |
| KFin Technologies Ltd | Equity | ₹9 Cr | 0.51% |
| Havells India Ltd | Equity | ₹8.57 Cr | 0.48% |
| Net Receivables / (Payables) | Cash | ₹8.41 Cr | 0.47% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-8.33 Cr | 0.47% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-8.11 Cr | 0.46% |
| Future on JSW Steel Ltd | Equity - Future | ₹-8.08 Cr | 0.45% |
| Steel Authority Of India Ltd | Equity | ₹8.05 Cr | 0.45% |
| JSW Steel Ltd | Equity | ₹8.03 Cr | 0.45% |
| Future on NTPC Ltd | Equity - Future | ₹-7.99 Cr | 0.45% |
| Godrej Consumer Products Ltd | Equity | ₹7.96 Cr | 0.45% |
| Titan Co Ltd | Equity | ₹7.91 Cr | 0.44% |
| Future on PI Industries Ltd | Equity - Future | ₹-7.89 Cr | 0.44% |
| State Bank Of India | Bond - Corporate Bond | ₹7.87 Cr | 0.44% |
| HCL Technologies Ltd | Equity | ₹7.85 Cr | 0.44% |
| InterGlobe Aviation Ltd | Equity | ₹7.84 Cr | 0.44% |
| PI Industries Ltd | Equity | ₹7.83 Cr | 0.44% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-7.83 Cr | 0.44% |
| Future on State Bank of India | Equity - Future | ₹-7.81 Cr | 0.44% |
| Future on Wipro Ltd | Equity - Future | ₹-7.74 Cr | 0.43% |
| Wipro Ltd | Equity | ₹7.7 Cr | 0.43% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹7.53 Cr | 0.42% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-7.47 Cr | 0.42% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-7.39 Cr | 0.42% |
| Maruti Suzuki India Ltd | Equity | ₹7.24 Cr | 0.41% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-7.21 Cr | 0.41% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹7.08 Cr | 0.40% |
| GAIL (India) Ltd | Equity | ₹7.01 Cr | 0.39% |
| Future on Tata Motors Ltd | Equity - Future | ₹-6.81 Cr | 0.38% |
| Future on DLF Ltd | Equity - Future | ₹-6.58 Cr | 0.37% |
| DLF Ltd | Equity | ₹6.53 Cr | 0.37% |
| The Federal Bank Ltd | Equity | ₹6.51 Cr | 0.37% |
| Voltas Ltd | Equity | ₹6.44 Cr | 0.36% |
| Go Fashion (India) Ltd | Equity | ₹6.41 Cr | 0.36% |
| Future on Voltas Ltd | Equity - Future | ₹-6.36 Cr | 0.36% |
| Future on Biocon Ltd | Equity - Future | ₹-6.35 Cr | 0.36% |
| Biocon Ltd | Equity | ₹6.3 Cr | 0.35% |
| SRF Ltd | Equity | ₹6.21 Cr | 0.35% |
| Arvind Ltd | Equity | ₹6.21 Cr | 0.35% |
| IIFL Finance Ltd | Equity | ₹6.15 Cr | 0.35% |
| Future on Tata Steel Ltd | Equity - Future | ₹-6.12 Cr | 0.34% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-6.09 Cr | 0.34% |
| IndusInd Bank Ltd | Equity | ₹5.96 Cr | 0.34% |
| Varun Beverages Ltd | Equity | ₹5.9 Cr | 0.33% |
| JK Cement Ltd | Equity | ₹5.88 Cr | 0.33% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-5.85 Cr | 0.33% |
| Tech Mahindra Ltd | Equity | ₹5.84 Cr | 0.33% |
| Future on Bharat Petroleum Corp Ltd | Equity - Future | ₹-5.81 Cr | 0.33% |
| Future on Cipla Ltd | Equity - Future | ₹-5.79 Cr | 0.33% |
| Future on SBI Life Insurance Co Ltd | Equity - Future | ₹-5.78 Cr | 0.32% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-5.77 Cr | 0.32% |
| Cipla Ltd | Equity | ₹5.76 Cr | 0.32% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-5.76 Cr | 0.32% |
| Century Plyboards (India) Ltd | Equity | ₹5.73 Cr | 0.32% |
| Go Digit General Insurance Ltd | Equity | ₹5.55 Cr | 0.31% |
| TBO Tek Ltd | Equity | ₹5.49 Cr | 0.31% |
| Mankind Pharma Ltd | Equity | ₹5.44 Cr | 0.31% |
| Krishna Institute of Medical Sciences Ltd | Equity | ₹5.3 Cr | 0.30% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-5.17 Cr | 0.29% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-5.09 Cr | 0.29% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-5.02 Cr | 0.28% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹5.01 Cr | 0.28% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹4.96 Cr | 0.28% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-4.92 Cr | 0.28% |
| Page Industries Ltd | Equity | ₹4.91 Cr | 0.28% |
| Titan Company Limited | Equity - Future | ₹-4.3 Cr | 0.24% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-4.18 Cr | 0.23% |
| General Insurance Corp of India | Equity | ₹4.03 Cr | 0.23% |
| Future on Axis Bank Ltd | Equity - Future | ₹-3.89 Cr | 0.22% |
| Future on Escorts Kubota Ltd | Equity - Future | ₹-3.88 Cr | 0.22% |
| Escorts Kubota Ltd | Equity | ₹3.85 Cr | 0.22% |
| Greenply Industries Ltd | Equity | ₹3.77 Cr | 0.21% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹3.76 Cr | 0.21% |
| Sai Life Sciences Ltd | Equity | ₹3.44 Cr | 0.19% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-3.41 Cr | 0.19% |
| Future on Divi's Laboratories Ltd | Equity - Future | ₹-3.19 Cr | 0.18% |
| Gujarat State Petronet Ltd | Equity | ₹3.18 Cr | 0.18% |
| Divi's Laboratories Ltd | Equity | ₹3.17 Cr | 0.18% |
| Sona BLW Precision Forgings Ltd | Equity | ₹3.14 Cr | 0.18% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹3.01 Cr | 0.17% |
| Future on United Spirits Ltd | Equity - Future | ₹-2.86 Cr | 0.16% |
| United Spirits Ltd | Equity | ₹2.84 Cr | 0.16% |
| Prince Pipes And Fittings Ltd Ordinary Shares | Equity | ₹2.74 Cr | 0.15% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-2.7 Cr | 0.15% |
| Future on Vedanta Ltd | Equity - Future | ₹-2.57 Cr | 0.14% |
| Gateway Distriparks Ltd | Equity | ₹2.4 Cr | 0.13% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹2.29 Cr | 0.13% |
| The Indian Hotels Company Limited | Equity - Future | ₹-2.02 Cr | 0.11% |
| Indian Hotels Co Ltd | Equity | ₹2.02 Cr | 0.11% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-1.87 Cr | 0.10% |
| Tata Power Co Ltd | Equity | ₹1.85 Cr | 0.10% |
| Future on Lupin Ltd | Equity - Future | ₹-1.81 Cr | 0.10% |
| Lupin Ltd | Equity | ₹1.8 Cr | 0.10% |
| Future on Bank of Baroda | Equity - Future | ₹-1.77 Cr | 0.10% |
| Bank of Baroda | Equity | ₹1.76 Cr | 0.10% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-1.75 Cr | 0.10% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-1.68 Cr | 0.09% |
| Utkarsh Small Finance Bank Ltd | Equity | ₹1.68 Cr | 0.09% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹1.67 Cr | 0.09% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-1.61 Cr | 0.09% |
| Eicher Motors Ltd | Equity | ₹1.6 Cr | 0.09% |
| REC Ltd | Equity | ₹1.5 Cr | 0.08% |
| Acc Limited | Equity - Future | ₹-1.49 Cr | 0.08% |
| Vishal Mega Mart Ltd | Equity | ₹1.49 Cr | 0.08% |
| ACC Ltd | Equity | ₹1.48 Cr | 0.08% |
| Future on Container Corporation of India Ltd | Equity - Future | ₹-0.95 Cr | 0.05% |
| Container Corporation of India Ltd | Equity | ₹0.95 Cr | 0.05% |
| Future on Dixon Technologies (India) Ltd | Equity - Future | ₹-0.9 Cr | 0.05% |
| Dixon Technologies (India) Ltd | Equity | ₹0.9 Cr | 0.05% |
| Avenue Supermarts Ltd | Equity | ₹0.65 Cr | 0.04% |
| Future on HDFC Asset Management Co Ltd | Equity - Future | ₹-0.38 Cr | 0.02% |
| HDFC Asset Management Co Ltd | Equity | ₹0.38 Cr | 0.02% |
| Future on Canara Bank | Equity - Future | ₹-0.14 Cr | 0.01% |
| Canara Bank | Equity | ₹0.14 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
34.78%
Mid Cap Stocks
4.10%
Small Cap Stocks
7.47%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹338.95 Cr | 19.05% |
| Basic Materials | ₹133.89 Cr | 7.52% |
| Consumer Cyclical | ₹130.74 Cr | 7.35% |
| Technology | ₹119.89 Cr | 6.74% |
| Industrials | ₹97.87 Cr | 5.50% |
| Healthcare | ₹87.79 Cr | 4.93% |
| Energy | ₹86.06 Cr | 4.84% |
| Communication Services | ₹49.77 Cr | 2.80% |
| Consumer Defensive | ₹44.72 Cr | 2.51% |
| Utilities | ₹38.72 Cr | 2.18% |
| Real Estate | ₹19.34 Cr | 1.09% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
7.80%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.72
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.34
Higher the better
Fund Managers
MJ
Mahendra Jajoo
Since August 2022
HB
Harshad Borawake
Since August 2022
Additional Scheme Detailsas of 31st December 2024
ISIN INF769K01IN6 | Expense Ratio 0.74% | Exit Load 1.00% | Fund Size ₹1,779 Cr | Age 2 years 5 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1113.82 Cr | 0.9% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1113.82 Cr | 2.2% |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1310.36 Cr | 13.2% |
| Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1310.36 Cr | 11.5% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.8% | 1.0% | ₹2272.93 Cr | 12.1% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 1.0% | ₹2272.93 Cr | 10.6% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹908.12 Cr | 8.6% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹908.12 Cr | 10.4% |
| Mirae Asset Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹1779.30 Cr | 10.1% |
| Mirae Asset Balanced Advantage Fund Regular Growth Moderately High risk | 2.1% | 1.0% | ₹1779.30 Cr | 8.5% |
About the AMC
Mirae Asset India Mutual Fund
Total AUM
₹1,99,258 Cr
Address
Unit No. 606, 6th Floor, Mumbai, 400 098
Other Funds by Mirae Asset India Mutual Fund
Risk Level
Your principal amount will be at Moderately High risk
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What is the current NAV of Mirae Asset Balanced Advantage Fund Direct Growth?
The NAV of Mirae Asset Balanced Advantage Fund Direct Growth, as of 21-Jan-2025, is ₹13.63.
What is the portfolio composition of Mirae Asset Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 46.82% in equities, 29.00% in bonds, and 24.17% in cash and cash equivalents.
Who manages the Mirae Asset Balanced Advantage Fund Direct Growth?
The fund managers responsible for Mirae Asset Balanced Advantage Fund Direct Growth are:-
- Mahendra Jajoo
- Harshad Borawake
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
Mirae Asset Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationModerately High risk
Direct
NAV (21-Jan-25)
₹13.63-0.81%1D
Returns (Since Inception)
13.42%
Rated ★4.5+ on
Fund Overview
Fund Size
₹1,779 Cr
Expense Ratio
0.74%
ISIN
INF769K01IN6
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
12 Aug 2022
Risk Level
Your principal amount will be at Moderately High risk
About this fund
Mirae Asset Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for 2 years, 5 months and 10 days, having been launched on 12-Aug-22.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹13.63, Assets Under Management (AUM) of 1779.30 Crores, and an expense ratio of 0.74%.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹13.63, Assets Under Management (AUM) of 1779.30 Crores, and an expense ratio of 0.74%.
- Mirae Asset Balanced Advantage Fund Direct Growth has given a CAGR return of 13.42% since inception.
- The fund's asset allocation comprises around 46.82% in equities, 29.00% in debts, and 24.17% in cash & cash equivalents.
- You can start investing in Mirae Asset Balanced Advantage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+10.07%
+10.18% (Cat Avg.)
Since Inception
+13.42%
— (Cat Avg.)
Portfolio Summaryas of 31st December 2024
| Equity | ₹833.12 Cr | 46.82% |
| Debt | ₹516.07 Cr | 29.00% |
| Others | ₹430.11 Cr | 24.17% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹314.63 Cr | 17.68% |
| Treps | Cash - Repurchase Agreement | ₹87.12 Cr | 4.90% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹79.81 Cr | 4.49% |
| HDFC Bank Ltd | Equity | ₹78.88 Cr | 4.43% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹71.03 Cr | 3.99% |
| Rec Limited | Bond - Corporate Bond | ₹49.97 Cr | 2.81% |
| ICICI Bank Ltd | Equity | ₹47.19 Cr | 2.65% |
| Bharti Airtel Ltd | Equity | ₹42.69 Cr | 2.40% |
| Infosys Ltd | Equity | ₹39.48 Cr | 2.22% |
| State Bank of India | Equity | ₹39.22 Cr | 2.20% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹35.15 Cr | 1.98% |
| Reliance Industries Ltd | Equity | ₹35.09 Cr | 1.97% |
| Axis Bank Ltd | Equity | ₹29.24 Cr | 1.64% |
| Larsen & Toubro Ltd | Equity | ₹28.72 Cr | 1.61% |
| Tata Consultancy Services Ltd | Equity | ₹28.68 Cr | 1.61% |
| NTPC Ltd | Equity | ₹26.68 Cr | 1.50% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹25.09 Cr | 1.41% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹24.98 Cr | 1.40% |
| 6.54% Govt Stock 2032 | Bond - Gov't/Treasury | ₹24.63 Cr | 1.38% |
| Mahindra & Mahindra Ltd | Equity | ₹23.87 Cr | 1.34% |
| Coal India Ltd | Equity | ₹23.83 Cr | 1.34% |
| Ambuja Cements Ltd | Equity | ₹23.17 Cr | 1.30% |
| Shriram Finance Ltd | Equity | ₹22.03 Cr | 1.24% |
| Kotak Mahindra Bank Ltd | Equity | ₹21.99 Cr | 1.24% |
| TD Power Systems Ltd | Equity | ₹21.42 Cr | 1.20% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹20.97 Cr | 1.18% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹20.11 Cr | 1.13% |
| Tata Motors Ltd | Equity | ₹19.26 Cr | 1.08% |
| Aurobindo Pharma Ltd | Equity | ₹19 Cr | 1.07% |
| Hindalco Industries Ltd | Equity | ₹18.36 Cr | 1.03% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹17.98 Cr | 1.01% |
| Zomato Ltd | Equity | ₹16.84 Cr | 0.95% |
| ITC Ltd | Equity | ₹15.9 Cr | 0.89% |
| Future on Coal India Ltd | Equity - Future | ₹-15.24 Cr | 0.86% |
| Bharat Petroleum Corp Ltd | Equity | ₹15.16 Cr | 0.85% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹15.07 Cr | 0.85% |
| Godrej Properties Limited | Bond - Corporate Bond | ₹15 Cr | 0.84% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.96 Cr | 0.84% |
| Power Finance Corp Ltd | Equity | ₹14.44 Cr | 0.81% |
| Bajaj Finance Ltd | Equity | ₹14.24 Cr | 0.80% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-14.24 Cr | 0.80% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.08 Cr | 0.79% |
| Multi Commodity Exchange of India Ltd | Equity | ₹14.05 Cr | 0.79% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹13.69 Cr | 0.77% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-13.57 Cr | 0.76% |
| SBI Life Insurance Co Ltd | Equity | ₹13.51 Cr | 0.76% |
| Bharat Electronics Ltd | Equity | ₹13.27 Cr | 0.75% |
| Brigade Enterprises Ltd | Equity | ₹12.81 Cr | 0.72% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-12.3 Cr | 0.69% |
| Tata Steel Ltd | Equity | ₹12.2 Cr | 0.69% |
| Oil & Natural Gas Corp Ltd | Equity | ₹11.99 Cr | 0.67% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-11.77 Cr | 0.66% |
| Hindustan Unilever Ltd | Equity | ₹11.46 Cr | 0.64% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-11.44 Cr | 0.64% |
| Jindal Steel & Power Ltd | Equity | ₹11.31 Cr | 0.64% |
| International Gemmological Institute (India) Ltd | Equity | ₹11.21 Cr | 0.63% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹11.2 Cr | 0.63% |
| Vedanta Ltd | Equity | ₹10.64 Cr | 0.60% |
| Zensar Technologies Ltd | Equity | ₹10.53 Cr | 0.59% |
| TVS Motor Co Ltd | Equity | ₹10.51 Cr | 0.59% |
| LIC Housing Finance Ltd | Equity | ₹10.51 Cr | 0.59% |
| Torrent Pharmaceuticals Ltd | Equity | ₹10.39 Cr | 0.58% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹10.27 Cr | 0.58% |
| Jamnagar Utilities And Power Private Limited | Bond - Corporate Bond | ₹10.1 Cr | 0.57% |
| Craftsman Automation Ltd | Equity | ₹10.08 Cr | 0.57% |
| Ncd Small Industries Development Bank Of India | Bond - Corporate Bond | ₹10 Cr | 0.56% |
| Rec Limited | Bond - Corporate Bond | ₹9.99 Cr | 0.56% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹9.97 Cr | 0.56% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹9.95 Cr | 0.56% |
| LTIMindtree Ltd | Equity | ₹9.93 Cr | 0.56% |
| Future on Jindal Steel & Power Ltd | Equity - Future | ₹-9.59 Cr | 0.54% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹9.51 Cr | 0.53% |
| Rec Limited | Bond - Corporate Bond | ₹9 Cr | 0.51% |
| KFin Technologies Ltd | Equity | ₹9 Cr | 0.51% |
| Havells India Ltd | Equity | ₹8.57 Cr | 0.48% |
| Net Receivables / (Payables) | Cash | ₹8.41 Cr | 0.47% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-8.33 Cr | 0.47% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-8.11 Cr | 0.46% |
| Future on JSW Steel Ltd | Equity - Future | ₹-8.08 Cr | 0.45% |
| Steel Authority Of India Ltd | Equity | ₹8.05 Cr | 0.45% |
| JSW Steel Ltd | Equity | ₹8.03 Cr | 0.45% |
| Future on NTPC Ltd | Equity - Future | ₹-7.99 Cr | 0.45% |
| Godrej Consumer Products Ltd | Equity | ₹7.96 Cr | 0.45% |
| Titan Co Ltd | Equity | ₹7.91 Cr | 0.44% |
| Future on PI Industries Ltd | Equity - Future | ₹-7.89 Cr | 0.44% |
| State Bank Of India | Bond - Corporate Bond | ₹7.87 Cr | 0.44% |
| HCL Technologies Ltd | Equity | ₹7.85 Cr | 0.44% |
| InterGlobe Aviation Ltd | Equity | ₹7.84 Cr | 0.44% |
| PI Industries Ltd | Equity | ₹7.83 Cr | 0.44% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-7.83 Cr | 0.44% |
| Future on State Bank of India | Equity - Future | ₹-7.81 Cr | 0.44% |
| Future on Wipro Ltd | Equity - Future | ₹-7.74 Cr | 0.43% |
| Wipro Ltd | Equity | ₹7.7 Cr | 0.43% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹7.53 Cr | 0.42% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-7.47 Cr | 0.42% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-7.39 Cr | 0.42% |
| Maruti Suzuki India Ltd | Equity | ₹7.24 Cr | 0.41% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-7.21 Cr | 0.41% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹7.08 Cr | 0.40% |
| GAIL (India) Ltd | Equity | ₹7.01 Cr | 0.39% |
| Future on Tata Motors Ltd | Equity - Future | ₹-6.81 Cr | 0.38% |
| Future on DLF Ltd | Equity - Future | ₹-6.58 Cr | 0.37% |
| DLF Ltd | Equity | ₹6.53 Cr | 0.37% |
| The Federal Bank Ltd | Equity | ₹6.51 Cr | 0.37% |
| Voltas Ltd | Equity | ₹6.44 Cr | 0.36% |
| Go Fashion (India) Ltd | Equity | ₹6.41 Cr | 0.36% |
| Future on Voltas Ltd | Equity - Future | ₹-6.36 Cr | 0.36% |
| Future on Biocon Ltd | Equity - Future | ₹-6.35 Cr | 0.36% |
| Biocon Ltd | Equity | ₹6.3 Cr | 0.35% |
| SRF Ltd | Equity | ₹6.21 Cr | 0.35% |
| Arvind Ltd | Equity | ₹6.21 Cr | 0.35% |
| IIFL Finance Ltd | Equity | ₹6.15 Cr | 0.35% |
| Future on Tata Steel Ltd | Equity - Future | ₹-6.12 Cr | 0.34% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-6.09 Cr | 0.34% |
| IndusInd Bank Ltd | Equity | ₹5.96 Cr | 0.34% |
| Varun Beverages Ltd | Equity | ₹5.9 Cr | 0.33% |
| JK Cement Ltd | Equity | ₹5.88 Cr | 0.33% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-5.85 Cr | 0.33% |
| Tech Mahindra Ltd | Equity | ₹5.84 Cr | 0.33% |
| Future on Bharat Petroleum Corp Ltd | Equity - Future | ₹-5.81 Cr | 0.33% |
| Future on Cipla Ltd | Equity - Future | ₹-5.79 Cr | 0.33% |
| Future on SBI Life Insurance Co Ltd | Equity - Future | ₹-5.78 Cr | 0.32% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-5.77 Cr | 0.32% |
| Cipla Ltd | Equity | ₹5.76 Cr | 0.32% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-5.76 Cr | 0.32% |
| Century Plyboards (India) Ltd | Equity | ₹5.73 Cr | 0.32% |
| Go Digit General Insurance Ltd | Equity | ₹5.55 Cr | 0.31% |
| TBO Tek Ltd | Equity | ₹5.49 Cr | 0.31% |
| Mankind Pharma Ltd | Equity | ₹5.44 Cr | 0.31% |
| Krishna Institute of Medical Sciences Ltd | Equity | ₹5.3 Cr | 0.30% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-5.17 Cr | 0.29% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-5.09 Cr | 0.29% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-5.02 Cr | 0.28% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹5.01 Cr | 0.28% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹4.96 Cr | 0.28% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-4.92 Cr | 0.28% |
| Page Industries Ltd | Equity | ₹4.91 Cr | 0.28% |
| Titan Company Limited | Equity - Future | ₹-4.3 Cr | 0.24% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-4.18 Cr | 0.23% |
| General Insurance Corp of India | Equity | ₹4.03 Cr | 0.23% |
| Future on Axis Bank Ltd | Equity - Future | ₹-3.89 Cr | 0.22% |
| Future on Escorts Kubota Ltd | Equity - Future | ₹-3.88 Cr | 0.22% |
| Escorts Kubota Ltd | Equity | ₹3.85 Cr | 0.22% |
| Greenply Industries Ltd | Equity | ₹3.77 Cr | 0.21% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹3.76 Cr | 0.21% |
| Sai Life Sciences Ltd | Equity | ₹3.44 Cr | 0.19% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-3.41 Cr | 0.19% |
| Future on Divi's Laboratories Ltd | Equity - Future | ₹-3.19 Cr | 0.18% |
| Gujarat State Petronet Ltd | Equity | ₹3.18 Cr | 0.18% |
| Divi's Laboratories Ltd | Equity | ₹3.17 Cr | 0.18% |
| Sona BLW Precision Forgings Ltd | Equity | ₹3.14 Cr | 0.18% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹3.01 Cr | 0.17% |
| Future on United Spirits Ltd | Equity - Future | ₹-2.86 Cr | 0.16% |
| United Spirits Ltd | Equity | ₹2.84 Cr | 0.16% |
| Prince Pipes And Fittings Ltd Ordinary Shares | Equity | ₹2.74 Cr | 0.15% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-2.7 Cr | 0.15% |
| Future on Vedanta Ltd | Equity - Future | ₹-2.57 Cr | 0.14% |
| Gateway Distriparks Ltd | Equity | ₹2.4 Cr | 0.13% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹2.29 Cr | 0.13% |
| The Indian Hotels Company Limited | Equity - Future | ₹-2.02 Cr | 0.11% |
| Indian Hotels Co Ltd | Equity | ₹2.02 Cr | 0.11% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-1.87 Cr | 0.10% |
| Tata Power Co Ltd | Equity | ₹1.85 Cr | 0.10% |
| Future on Lupin Ltd | Equity - Future | ₹-1.81 Cr | 0.10% |
| Lupin Ltd | Equity | ₹1.8 Cr | 0.10% |
| Future on Bank of Baroda | Equity - Future | ₹-1.77 Cr | 0.10% |
| Bank of Baroda | Equity | ₹1.76 Cr | 0.10% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-1.75 Cr | 0.10% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-1.68 Cr | 0.09% |
| Utkarsh Small Finance Bank Ltd | Equity | ₹1.68 Cr | 0.09% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹1.67 Cr | 0.09% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-1.61 Cr | 0.09% |
| Eicher Motors Ltd | Equity | ₹1.6 Cr | 0.09% |
| REC Ltd | Equity | ₹1.5 Cr | 0.08% |
| Acc Limited | Equity - Future | ₹-1.49 Cr | 0.08% |
| Vishal Mega Mart Ltd | Equity | ₹1.49 Cr | 0.08% |
| ACC Ltd | Equity | ₹1.48 Cr | 0.08% |
| Future on Container Corporation of India Ltd | Equity - Future | ₹-0.95 Cr | 0.05% |
| Container Corporation of India Ltd | Equity | ₹0.95 Cr | 0.05% |
| Future on Dixon Technologies (India) Ltd | Equity - Future | ₹-0.9 Cr | 0.05% |
| Dixon Technologies (India) Ltd | Equity | ₹0.9 Cr | 0.05% |
| Avenue Supermarts Ltd | Equity | ₹0.65 Cr | 0.04% |
| Future on HDFC Asset Management Co Ltd | Equity - Future | ₹-0.38 Cr | 0.02% |
| HDFC Asset Management Co Ltd | Equity | ₹0.38 Cr | 0.02% |
| Future on Canara Bank | Equity - Future | ₹-0.14 Cr | 0.01% |
| Canara Bank | Equity | ₹0.14 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
34.78%
Mid Cap Stocks
4.10%
Small Cap Stocks
7.47%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹338.95 Cr | 19.05% |
| Basic Materials | ₹133.89 Cr | 7.52% |
| Consumer Cyclical | ₹130.74 Cr | 7.35% |
| Technology | ₹119.89 Cr | 6.74% |
| Industrials | ₹97.87 Cr | 5.50% |
| Healthcare | ₹87.79 Cr | 4.93% |
| Energy | ₹86.06 Cr | 4.84% |
| Communication Services | ₹49.77 Cr | 2.80% |
| Consumer Defensive | ₹44.72 Cr | 2.51% |
| Utilities | ₹38.72 Cr | 2.18% |
| Real Estate | ₹19.34 Cr | 1.09% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
7.80%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.72
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.34
Higher the better
Fund Managers
MJ
Mahendra Jajoo
Since August 2022
HB
Harshad Borawake
Since August 2022
Additional Scheme Detailsas of 31st December 2024
ISIN INF769K01IN6 | Expense Ratio 0.74% | Exit Load 1.00% | Fund Size ₹1,779 Cr | Age 2 years 5 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1113.82 Cr | 0.9% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1113.82 Cr | 2.2% |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1310.36 Cr | 13.2% |
| Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1310.36 Cr | 11.5% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.8% | 1.0% | ₹2272.93 Cr | 12.1% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 1.0% | ₹2272.93 Cr | 10.6% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹908.12 Cr | 8.6% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹908.12 Cr | 10.4% |
| Mirae Asset Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹1779.30 Cr | 10.1% |
| Mirae Asset Balanced Advantage Fund Regular Growth Moderately High risk | 2.1% | 1.0% | ₹1779.30 Cr | 8.5% |
About the AMC
Mirae Asset India Mutual Fund
Total AUM
₹1,99,258 Cr
Address
Unit No. 606, 6th Floor, Mumbai, 400 098
Other Funds by Mirae Asset India Mutual Fund
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Still got questions?
We're here to help.
What is the current NAV of Mirae Asset Balanced Advantage Fund Direct Growth?
The NAV of Mirae Asset Balanced Advantage Fund Direct Growth, as of 21-Jan-2025, is ₹13.63.
What is the portfolio composition of Mirae Asset Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 46.82% in equities, 29.00% in bonds, and 24.17% in cash and cash equivalents.
Who manages the Mirae Asset Balanced Advantage Fund Direct Growth?
The fund managers responsible for Mirae Asset Balanced Advantage Fund Direct Growth are:-
- Mahendra Jajoo
- Harshad Borawake
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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