Loading...

Fund Overview

Fund Size

Fund Size

₹1,766 Cr

Expense Ratio

Expense Ratio

0.72%

ISIN

ISIN

INF769K01IN6

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

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, 8 months and 7 days, having been launched on 12-Aug-22.
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹14.05, Assets Under Management (AUM) of 1765.74 Crores, and an expense ratio of 0.72%.
  • Mirae Asset Balanced Advantage Fund Direct Growth has given a CAGR return of 13.44% since inception.
  • The fund's asset allocation comprises around 54.13% in equities, 22.85% in debts, and 23.02% 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

+10.67%

+5.87% (Cat Avg.)

Since Inception

+13.44%

(Cat Avg.)

Portfolio Summaryas of 31st March 2025

Equity955.85 Cr54.13%
Debt403.4 Cr22.85%
Others406.5 Cr23.02%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset255 Cr14.44%
HDFC Bank LtdEquity94.39 Cr5.35%
TrepsCash - Repurchase Agreement82.45 Cr4.67%
7.18% Govt Stock 2033Bond - Gov't/Treasury76.69 Cr4.34%
ICICI Bank LtdEquity51.53 Cr2.92%
Bharti Airtel LtdEquity47.56 Cr2.69%
Canara BankCash - CD/Time Deposit47.16 Cr2.67%
State Bank of IndiaEquity40.85 Cr2.31%
Reliance Industries LtdEquity38.65 Cr2.19%
Infosys LtdEquity38.38 Cr2.17%
7.1% Govt Stock 2034Bond - Gov't/Treasury35.55 Cr2.01%
6.79% Govt Stock 2034Bond - Gov't/Treasury29.43 Cr1.67%
Mahindra & Mahindra LtdEquity28.58 Cr1.62%
Coal India LtdEquity28.34 Cr1.61%
Axis Bank LtdEquity28.26 Cr1.60%
Tata Consultancy Services LtdEquity27.86 Cr1.58%
Larsen & Toubro LtdEquity27.05 Cr1.53%
Rec LimitedBond - Corporate Bond25.15 Cr1.42%
6.54% Govt Stock 2032Bond - Gov't/Treasury25 Cr1.42%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond24.98 Cr1.41%
Ambuja Cements LtdEquity23.28 Cr1.32%
NTPC LtdEquity23.22 Cr1.32%
Net Receivables / (Payables)Cash21.89 Cr1.24%
Shriram Finance LtdEquity21.2 Cr1.20%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond21.07 Cr1.19%
Bajaj Finance LtdEquity18.88 Cr1.07%
TD Power Systems LtdEquity18.47 Cr1.05%
Power Finance Corporation Ltd.Bond - Corporate Bond18.06 Cr1.02%
Hindalco Industries LtdEquity17.77 Cr1.01%
Kotak Mahindra Bank LtdEquity17.02 Cr0.96%
Aurobindo Pharma LtdEquity16.52 Cr0.94%
SBI Life Insurance Co LtdEquity15.97 Cr0.90%
Future on Coal India LtdEquity - Future-15.59 Cr0.88%
Tata Motors LtdEquity15.21 Cr0.86%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond15.02 Cr0.85%
Future on HDFC Bank LtdEquity - Future-14.64 Cr0.83%
TVS Motor Co LtdEquity14.56 Cr0.82%
ITC LtdEquity14 Cr0.79%
Future on Kotak Mahindra Bank LtdEquity - Future-13.85 Cr0.78%
Future on Bharti Airtel LtdEquity - Future-13.41 Cr0.76%
Power Finance Corp LtdEquity13.34 Cr0.76%
Vedanta LtdEquity13.3 Cr0.75%
National Bank For Financing Infrastructure And DevelopmentBond - Corporate Bond12.59 Cr0.71%
Glenmark Pharmaceuticals LtdEquity12.58 Cr0.71%
Oil & Natural Gas Corp LtdEquity12.37 Cr0.70%
Future on Sun Pharmaceuticals Industries LtdEquity - Future-12.24 Cr0.69%
Sun Pharmaceuticals Industries LtdEquity12.2 Cr0.69%
Multi Commodity Exchange of India LtdEquity11.53 Cr0.65%
GAIL (India) LtdEquity11.44 Cr0.65%
Adani Ports & Special Economic Zone LtdEquity11.35 Cr0.64%
Bharat Electronics LtdEquity11.15 Cr0.63%
Hindustan Unilever LtdEquity11.12 Cr0.63%
InterGlobe Aviation LtdEquity11.1 Cr0.63%
Bharat Petroleum Corp LtdEquity10.76 Cr0.61%
Godrej Consumer Products LtdEquity10.5 Cr0.59%
Future on Mahindra & Mahindra LtdEquity - Future-10.41 Cr0.59%
7.26% Govt Stock 2033Bond - Gov't/Treasury10.4 Cr0.59%
Brigade Enterprises LtdEquity10.17 Cr0.58%
Tata Steel LtdEquity10.11 Cr0.57%
Ncd Small Industries Development Bank Of IndiaBond - Corporate Bond10.06 Cr0.57%
Power Finance Corporation Ltd.Bond - Corporate Bond10.06 Cr0.57%
Small Industries Development Bank Of IndiaBond - Corporate Bond10.05 Cr0.57%
Rec LimitedBond - Corporate Bond10.05 Cr0.57%
Cipla LtdEquity9.99 Cr0.57%
Eternal LtdEquity9.93 Cr0.56%
HDFC Bank LimitedBond - Corporate Bond9.84 Cr0.56%
Zensar Technologies LtdEquity9.82 Cr0.56%
LIC Housing Finance LtdEquity9.74 Cr0.55%
Century Plyboards (India) LtdEquity9.69 Cr0.55%
Mahanagar Telephone Nigam LimitedBond - Corporate Bond9.58 Cr0.54%
Future on JSW Steel LtdEquity - Future-9.5 Cr0.54%
JSW Steel LtdEquity9.47 Cr0.54%
Future on Jindal Steel & Power LtdEquity - Future-9.38 Cr0.53%
Jindal Steel & Power LtdEquity9.35 Cr0.53%
OneSource Specialty Pharma LtdEquity9.17 Cr0.52%
Craftsman Automation LtdEquity9.13 Cr0.52%
Rec LimitedBond - Corporate Bond9.06 Cr0.51%
Varun Beverages LtdEquity8.92 Cr0.51%
Mankind Pharma LtdEquity8.77 Cr0.50%
Indus Towers Ltd Ordinary SharesEquity8.67 Cr0.49%
HDFC Asset Management Co LtdEquity8.57 Cr0.49%
Lupin LtdEquity8.56 Cr0.48%
Future on Hindalco Industries LtdEquity - Future-8.35 Cr0.47%
Havells India LtdEquity8.25 Cr0.47%
India Infrastructure Finance Company LimitedBond - Corporate Bond8.03 Cr0.45%
LTIMindtree LtdEquity7.98 Cr0.45%
State Bank Of IndiaBond - Corporate Bond7.94 Cr0.45%
International Gemmological Institute (India) LtdEquity7.8 Cr0.44%
Future on Steel Authority Of India LtdEquity - Future-7.62 Cr0.43%
Future on Maruti Suzuki India LtdEquity - Future-7.62 Cr0.43%
Maruti Suzuki India LtdEquity7.6 Cr0.43%
Steel Authority Of India LtdEquity7.6 Cr0.43%
Bajaj Housing Finance LimitedBond - Corporate Bond7.56 Cr0.43%
Future on State Bank of IndiaEquity - Future-7.56 Cr0.43%
Future on Ambuja Cements LtdEquity - Future-7.49 Cr0.42%
Titan Co LtdEquity7.45 Cr0.42%
Future on PI Industries LtdEquity - Future-7.33 Cr0.41%
PI Industries LtdEquity7.28 Cr0.41%
Schaeffler India LtdEquity7.28 Cr0.41%
JSW Energy LtdEquity7.02 Cr0.40%
Future on Tata Steel Ltd.Equity - Future-6.82 Cr0.39%
Mahanagar Gas LtdEquity6.66 Cr0.38%
Bank of BarodaEquity6.58 Cr0.37%
Future on HCL Technologies LtdEquity - Future-6.53 Cr0.37%
HCL Technologies LtdEquity6.52 Cr0.37%
Atul LtdEquity6.51 Cr0.37%
Eicher Motors LtdEquity6.5 Cr0.37%
Future on SBI Life Insurance Co LtdEquity - Future-6.42 Cr0.36%
JK Cement LtdEquity6.31 Cr0.36%
Future on Tata Motors LtdEquity - Future-6.19 Cr0.35%
KFin Technologies LtdEquity6.02 Cr0.34%
Grasim Industries LtdEquity5.63 Cr0.32%
Deepak Nitrite LtdEquity5.46 Cr0.31%
Future on Cipla LtdEquity - Future-5.45 Cr0.31%
Future on LIC Housing Finance LtdEquity - Future-5.44 Cr0.31%
Future on DLF LtdEquity - Future-5.42 Cr0.31%
DLF LtdEquity5.39 Cr0.31%
Future on Tata Consultancy Services LtdEquity - Future-5.38 Cr0.30%
Future on Reliance Industries LtdEquity - Future-5.25 Cr0.30%
Future on Oil & Natural Gas Corp LtdEquity - Future-5.24 Cr0.30%
HDFC Bank LimitedBond - Corporate Bond5.13 Cr0.29%
Go Digit General Insurance LtdEquity5.05 Cr0.29%
Bajaj Housing Finance LimitedBond - Corporate Bond5.02 Cr0.28%
IIFL Finance LtdEquity4.87 Cr0.28%
Future on Tech Mahindra LtdEquity - Future-4.86 Cr0.28%
Tech Mahindra LtdEquity4.85 Cr0.27%
Arvind LtdEquity4.77 Cr0.27%
Future on Hindustan Unilever LtdEquity - Future-4.77 Cr0.27%
AWL Agri Business LtdEquity4.65 Cr0.26%
Go Fashion (India) LtdEquity4.56 Cr0.26%
ABB India LtdEquity4.51 Cr0.26%
Future on Bajaj Finance LtdEquity - Future-4.49 Cr0.25%
Future on Aurobindo Pharma LtdEquity - Future-4.49 Cr0.25%
IndusInd Bank LtdEquity4.3 Cr0.24%
Krishna Institute of Medical Sciences LtdEquity4.28 Cr0.24%
Avenue Supermarts LtdEquity4.27 Cr0.24%
Future on TVS Motor Co LtdEquity - Future-4.25 Cr0.24%
J.B. Chemicals & Pharmaceuticals LtdEquity4.15 Cr0.23%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond4.07 Cr0.23%
Future on Titan Co LtdEquity - Future-4.04 Cr0.23%
REC LtdEquity3.97 Cr0.22%
Mphasis LtdEquity3.96 Cr0.22%
TBO Tek LtdEquity3.82 Cr0.22%
General Insurance Corp of IndiaEquity3.82 Cr0.22%
Future on Escorts Kubota LtdEquity - Future-3.77 Cr0.21%
Escorts Kubota LtdEquity3.75 Cr0.21%
Apollo Hospitals Enterprise LtdEquity3.6 Cr0.20%
Greenply Industries LtdEquity3.51 Cr0.20%
Sai Life Sciences LtdEquity3.48 Cr0.20%
Crompton Greaves Consumer Electricals LtdEquity3.36 Cr0.19%
CARE Ratings LtdEquity3.32 Cr0.19%
Future on Divi's Laboratories LtdEquity - Future-3.02 Cr0.17%
Bharti Telecom LimitedBond - Corporate Bond3.01 Cr0.17%
Divi's Laboratories LtdEquity3 Cr0.17%
Sagility India LtdEquity2.98 Cr0.17%
Future on Vedanta LtdEquity - Future-2.68 Cr0.15%
Gujarat State Petronet LtdEquity2.56 Cr0.14%
Future on United Spirits LtdEquity - Future-2.46 Cr0.14%
United Spirits LtdEquity2.45 Cr0.14%
Sona BLW Precision Forgings LtdEquity2.43 Cr0.14%
Future on Shriram Finance LtdEquity - Future-1.98 Cr0.11%
The Indian Hotels Company Ltd.Equity - Future-1.82 Cr0.10%
Indian Hotels Co LtdEquity1.81 Cr0.10%
Gateway Distriparks LtdEquity1.8 Cr0.10%
Future on Tata Power Co LtdEquity - Future-1.78 Cr0.10%
Tata Power Co LtdEquity1.77 Cr0.10%
Future on Bank of BarodaEquity - Future-1.68 Cr0.10%
Future on Adani Ports & Special Economic Zone LtdEquity - Future-1.62 Cr0.09%
Prince Pipes And Fittings Ltd Ordinary SharesEquity1.57 Cr0.09%
Future on Lupin LtdEquity - Future-1.56 Cr0.09%
Future on ACC LtdEquity - Future-1.4 Cr0.08%
ACC LtdEquity1.4 Cr0.08%
Utkarsh Small Finance Bank LtdEquity1.09 Cr0.06%
Future on Container Corporation of India LtdEquity - Future-0.83 Cr0.05%
Container Corporation of India LtdEquity0.83 Cr0.05%
Future on HDFC Asset Management Co LtdEquity - Future-0.36 Cr0.02%
SRF LtdEquity0.15 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

40.09%

Mid Cap Stocks

5.47%

Small Cap Stocks

8.55%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services364.26 Cr20.63%
Basic Materials144.47 Cr8.18%
Consumer Cyclical126.99 Cr7.19%
Technology105.4 Cr5.97%
Industrials99.97 Cr5.66%
Healthcare99.28 Cr5.62%
Energy90.11 Cr5.10%
Communication Services56.23 Cr3.18%
Consumer Defensive55.92 Cr3.17%
Utilities52.66 Cr2.98%
Real Estate15.56 Cr0.88%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

8.52%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.51

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.86

Higher the better

Fund Managers

MJ

Mahendra Jajoo

Since August 2022

HB

Harshad Borawake

Since August 2022

Additional Scheme Detailsas of 31st March 2025

ISIN
INF769K01IN6
Expense Ratio
0.72%
Exit Load
1.00%
Fund Size
₹1,766 Cr
Age
2 years 8 months
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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 nameExpense RatioExit LoadFund size
1Y
Unifi Dynamic Asset Allocation Fund Direct Growth

High Risk

-1.0%--
Unifi Dynamic Asset Allocation Fund Regular Growth

High Risk

-1.0%--
Canara Robeco Balanced Advantage Fund Regular Growth

Very High Risk

2.1%1.0%₹1438.82 Cr-
Canara Robeco Balanced Advantage Fund Direct Growth

Very High Risk

0.8%1.0%₹1438.82 Cr-
Helios Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%1.0%₹292.94 Cr7.8%
Helios Balanced Advantage Fund Regular Growth

Moderately High risk

2.4%1.0%₹292.94 Cr6.1%
Parag Parikh Dynamic Asset Allocation Fund Regular Growth

Moderate Risk

0.6%1.0%₹1761.42 Cr10.5%
Parag Parikh Dynamic Asset Allocation Fund Direct Growth

Moderate Risk

0.3%1.0%₹1761.42 Cr10.9%
Samco Dynamic Asset Allocation Fund Direct Growth

Very High Risk

0.8%1.0%₹522.56 Cr1.1%
Samco Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.4%1.0%₹522.56 Cr-0.7%

About the AMC

Mirae Asset India Mutual Fund

Mirae Asset India Mutual Fund

Total AUM

₹1,78,421 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹1842.79 Cr13.9%
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.5%1.0%₹3871.78 Cr10.5%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹12344.27 Cr7.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.7%1.0%₹36506.79 Cr5.5%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹37778.37 Cr11.5%
Mirae Asset Savings Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1414.58 Cr8.4%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹2196.81 Cr8.2%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.8%1.0%₹7410.54 Cr9.4%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹117.40 Cr8.9%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1737.85 Cr21.5%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.5%1.0%₹8681.51 Cr11.2%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹853.07 Cr7.2%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.5%0.0%₹95.62 Cr9.2%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹576.22 Cr6.9%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹757.50 Cr9.3%
Mirae Asset Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1414.66 Cr8.1%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2537.32 Cr9.5%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.7%1.0%₹1840.57 Cr19.9%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.5%1.0%₹3334.83 Cr8.0%
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹101.60 Cr4.2%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.7%0.0%₹23945.24 Cr9.0%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹71.72 Cr10.2%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹41.28 Cr9.9%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹93.43 Cr72.4%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.4%1.0%₹1359.75 Cr10.7%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹47.03 Cr9.7%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹291.81 Cr5.9%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

2.0%1.0%₹47.69 Cr-10.7%
Mirae Asset Overnight Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹1049.26 Cr6.6%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹347.46 Cr10.0%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹237.18 Cr12.6%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹90.12 Cr8.2%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.6%1.0%₹2667.40 Cr19.2%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹3111.29 Cr8.0%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹14921.59 Cr3.3%
Mirae Asset Balanced Advantage Fund Direct Growth

Moderately High risk

0.7%1.0%₹1765.74 Cr10.7%

Risk Level

Your principal amount will be at Moderately High risk

Moderately High risk

Take control of your wealth

Track and Analyse all your investments with Wealth Monitor

qr

Rated ★ 4.3+ on

playstoreappstore

Still got questions?
We're here to help.

The NAV of Mirae Asset Balanced Advantage Fund Direct Growth, as of 17-Apr-2025, is ₹14.05.
The fund's allocation of assets is distributed as 54.13% in equities, 22.85% in bonds, and 23.02% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Balanced Advantage Fund Direct Growth are:-
  1. Mahendra Jajoo
  2. Harshad Borawake

Fund Overview

Fund Size

Fund Size

₹1,766 Cr

Expense Ratio

Expense Ratio

0.72%

ISIN

ISIN

INF769K01IN6

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

12 Aug 2022

Risk Level

Your principal amount will be at Moderately High risk

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, 8 months and 7 days, having been launched on 12-Aug-22.
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹14.05, Assets Under Management (AUM) of 1765.74 Crores, and an expense ratio of 0.72%.
  • Mirae Asset Balanced Advantage Fund Direct Growth has given a CAGR return of 13.44% since inception.
  • The fund's asset allocation comprises around 54.13% in equities, 22.85% in debts, and 23.02% 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

+10.67%

+5.87% (Cat Avg.)

Since Inception

+13.44%

(Cat Avg.)

Portfolio Summaryas of 31st March 2025

Equity955.85 Cr54.13%
Debt403.4 Cr22.85%
Others406.5 Cr23.02%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset255 Cr14.44%
HDFC Bank LtdEquity94.39 Cr5.35%
TrepsCash - Repurchase Agreement82.45 Cr4.67%
7.18% Govt Stock 2033Bond - Gov't/Treasury76.69 Cr4.34%
ICICI Bank LtdEquity51.53 Cr2.92%
Bharti Airtel LtdEquity47.56 Cr2.69%
Canara BankCash - CD/Time Deposit47.16 Cr2.67%
State Bank of IndiaEquity40.85 Cr2.31%
Reliance Industries LtdEquity38.65 Cr2.19%
Infosys LtdEquity38.38 Cr2.17%
7.1% Govt Stock 2034Bond - Gov't/Treasury35.55 Cr2.01%
6.79% Govt Stock 2034Bond - Gov't/Treasury29.43 Cr1.67%
Mahindra & Mahindra LtdEquity28.58 Cr1.62%
Coal India LtdEquity28.34 Cr1.61%
Axis Bank LtdEquity28.26 Cr1.60%
Tata Consultancy Services LtdEquity27.86 Cr1.58%
Larsen & Toubro LtdEquity27.05 Cr1.53%
Rec LimitedBond - Corporate Bond25.15 Cr1.42%
6.54% Govt Stock 2032Bond - Gov't/Treasury25 Cr1.42%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond24.98 Cr1.41%
Ambuja Cements LtdEquity23.28 Cr1.32%
NTPC LtdEquity23.22 Cr1.32%
Net Receivables / (Payables)Cash21.89 Cr1.24%
Shriram Finance LtdEquity21.2 Cr1.20%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond21.07 Cr1.19%
Bajaj Finance LtdEquity18.88 Cr1.07%
TD Power Systems LtdEquity18.47 Cr1.05%
Power Finance Corporation Ltd.Bond - Corporate Bond18.06 Cr1.02%
Hindalco Industries LtdEquity17.77 Cr1.01%
Kotak Mahindra Bank LtdEquity17.02 Cr0.96%
Aurobindo Pharma LtdEquity16.52 Cr0.94%
SBI Life Insurance Co LtdEquity15.97 Cr0.90%
Future on Coal India LtdEquity - Future-15.59 Cr0.88%
Tata Motors LtdEquity15.21 Cr0.86%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond15.02 Cr0.85%
Future on HDFC Bank LtdEquity - Future-14.64 Cr0.83%
TVS Motor Co LtdEquity14.56 Cr0.82%
ITC LtdEquity14 Cr0.79%
Future on Kotak Mahindra Bank LtdEquity - Future-13.85 Cr0.78%
Future on Bharti Airtel LtdEquity - Future-13.41 Cr0.76%
Power Finance Corp LtdEquity13.34 Cr0.76%
Vedanta LtdEquity13.3 Cr0.75%
National Bank For Financing Infrastructure And DevelopmentBond - Corporate Bond12.59 Cr0.71%
Glenmark Pharmaceuticals LtdEquity12.58 Cr0.71%
Oil & Natural Gas Corp LtdEquity12.37 Cr0.70%
Future on Sun Pharmaceuticals Industries LtdEquity - Future-12.24 Cr0.69%
Sun Pharmaceuticals Industries LtdEquity12.2 Cr0.69%
Multi Commodity Exchange of India LtdEquity11.53 Cr0.65%
GAIL (India) LtdEquity11.44 Cr0.65%
Adani Ports & Special Economic Zone LtdEquity11.35 Cr0.64%
Bharat Electronics LtdEquity11.15 Cr0.63%
Hindustan Unilever LtdEquity11.12 Cr0.63%
InterGlobe Aviation LtdEquity11.1 Cr0.63%
Bharat Petroleum Corp LtdEquity10.76 Cr0.61%
Godrej Consumer Products LtdEquity10.5 Cr0.59%
Future on Mahindra & Mahindra LtdEquity - Future-10.41 Cr0.59%
7.26% Govt Stock 2033Bond - Gov't/Treasury10.4 Cr0.59%
Brigade Enterprises LtdEquity10.17 Cr0.58%
Tata Steel LtdEquity10.11 Cr0.57%
Ncd Small Industries Development Bank Of IndiaBond - Corporate Bond10.06 Cr0.57%
Power Finance Corporation Ltd.Bond - Corporate Bond10.06 Cr0.57%
Small Industries Development Bank Of IndiaBond - Corporate Bond10.05 Cr0.57%
Rec LimitedBond - Corporate Bond10.05 Cr0.57%
Cipla LtdEquity9.99 Cr0.57%
Eternal LtdEquity9.93 Cr0.56%
HDFC Bank LimitedBond - Corporate Bond9.84 Cr0.56%
Zensar Technologies LtdEquity9.82 Cr0.56%
LIC Housing Finance LtdEquity9.74 Cr0.55%
Century Plyboards (India) LtdEquity9.69 Cr0.55%
Mahanagar Telephone Nigam LimitedBond - Corporate Bond9.58 Cr0.54%
Future on JSW Steel LtdEquity - Future-9.5 Cr0.54%
JSW Steel LtdEquity9.47 Cr0.54%
Future on Jindal Steel & Power LtdEquity - Future-9.38 Cr0.53%
Jindal Steel & Power LtdEquity9.35 Cr0.53%
OneSource Specialty Pharma LtdEquity9.17 Cr0.52%
Craftsman Automation LtdEquity9.13 Cr0.52%
Rec LimitedBond - Corporate Bond9.06 Cr0.51%
Varun Beverages LtdEquity8.92 Cr0.51%
Mankind Pharma LtdEquity8.77 Cr0.50%
Indus Towers Ltd Ordinary SharesEquity8.67 Cr0.49%
HDFC Asset Management Co LtdEquity8.57 Cr0.49%
Lupin LtdEquity8.56 Cr0.48%
Future on Hindalco Industries LtdEquity - Future-8.35 Cr0.47%
Havells India LtdEquity8.25 Cr0.47%
India Infrastructure Finance Company LimitedBond - Corporate Bond8.03 Cr0.45%
LTIMindtree LtdEquity7.98 Cr0.45%
State Bank Of IndiaBond - Corporate Bond7.94 Cr0.45%
International Gemmological Institute (India) LtdEquity7.8 Cr0.44%
Future on Steel Authority Of India LtdEquity - Future-7.62 Cr0.43%
Future on Maruti Suzuki India LtdEquity - Future-7.62 Cr0.43%
Maruti Suzuki India LtdEquity7.6 Cr0.43%
Steel Authority Of India LtdEquity7.6 Cr0.43%
Bajaj Housing Finance LimitedBond - Corporate Bond7.56 Cr0.43%
Future on State Bank of IndiaEquity - Future-7.56 Cr0.43%
Future on Ambuja Cements LtdEquity - Future-7.49 Cr0.42%
Titan Co LtdEquity7.45 Cr0.42%
Future on PI Industries LtdEquity - Future-7.33 Cr0.41%
PI Industries LtdEquity7.28 Cr0.41%
Schaeffler India LtdEquity7.28 Cr0.41%
JSW Energy LtdEquity7.02 Cr0.40%
Future on Tata Steel Ltd.Equity - Future-6.82 Cr0.39%
Mahanagar Gas LtdEquity6.66 Cr0.38%
Bank of BarodaEquity6.58 Cr0.37%
Future on HCL Technologies LtdEquity - Future-6.53 Cr0.37%
HCL Technologies LtdEquity6.52 Cr0.37%
Atul LtdEquity6.51 Cr0.37%
Eicher Motors LtdEquity6.5 Cr0.37%
Future on SBI Life Insurance Co LtdEquity - Future-6.42 Cr0.36%
JK Cement LtdEquity6.31 Cr0.36%
Future on Tata Motors LtdEquity - Future-6.19 Cr0.35%
KFin Technologies LtdEquity6.02 Cr0.34%
Grasim Industries LtdEquity5.63 Cr0.32%
Deepak Nitrite LtdEquity5.46 Cr0.31%
Future on Cipla LtdEquity - Future-5.45 Cr0.31%
Future on LIC Housing Finance LtdEquity - Future-5.44 Cr0.31%
Future on DLF LtdEquity - Future-5.42 Cr0.31%
DLF LtdEquity5.39 Cr0.31%
Future on Tata Consultancy Services LtdEquity - Future-5.38 Cr0.30%
Future on Reliance Industries LtdEquity - Future-5.25 Cr0.30%
Future on Oil & Natural Gas Corp LtdEquity - Future-5.24 Cr0.30%
HDFC Bank LimitedBond - Corporate Bond5.13 Cr0.29%
Go Digit General Insurance LtdEquity5.05 Cr0.29%
Bajaj Housing Finance LimitedBond - Corporate Bond5.02 Cr0.28%
IIFL Finance LtdEquity4.87 Cr0.28%
Future on Tech Mahindra LtdEquity - Future-4.86 Cr0.28%
Tech Mahindra LtdEquity4.85 Cr0.27%
Arvind LtdEquity4.77 Cr0.27%
Future on Hindustan Unilever LtdEquity - Future-4.77 Cr0.27%
AWL Agri Business LtdEquity4.65 Cr0.26%
Go Fashion (India) LtdEquity4.56 Cr0.26%
ABB India LtdEquity4.51 Cr0.26%
Future on Bajaj Finance LtdEquity - Future-4.49 Cr0.25%
Future on Aurobindo Pharma LtdEquity - Future-4.49 Cr0.25%
IndusInd Bank LtdEquity4.3 Cr0.24%
Krishna Institute of Medical Sciences LtdEquity4.28 Cr0.24%
Avenue Supermarts LtdEquity4.27 Cr0.24%
Future on TVS Motor Co LtdEquity - Future-4.25 Cr0.24%
J.B. Chemicals & Pharmaceuticals LtdEquity4.15 Cr0.23%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond4.07 Cr0.23%
Future on Titan Co LtdEquity - Future-4.04 Cr0.23%
REC LtdEquity3.97 Cr0.22%
Mphasis LtdEquity3.96 Cr0.22%
TBO Tek LtdEquity3.82 Cr0.22%
General Insurance Corp of IndiaEquity3.82 Cr0.22%
Future on Escorts Kubota LtdEquity - Future-3.77 Cr0.21%
Escorts Kubota LtdEquity3.75 Cr0.21%
Apollo Hospitals Enterprise LtdEquity3.6 Cr0.20%
Greenply Industries LtdEquity3.51 Cr0.20%
Sai Life Sciences LtdEquity3.48 Cr0.20%
Crompton Greaves Consumer Electricals LtdEquity3.36 Cr0.19%
CARE Ratings LtdEquity3.32 Cr0.19%
Future on Divi's Laboratories LtdEquity - Future-3.02 Cr0.17%
Bharti Telecom LimitedBond - Corporate Bond3.01 Cr0.17%
Divi's Laboratories LtdEquity3 Cr0.17%
Sagility India LtdEquity2.98 Cr0.17%
Future on Vedanta LtdEquity - Future-2.68 Cr0.15%
Gujarat State Petronet LtdEquity2.56 Cr0.14%
Future on United Spirits LtdEquity - Future-2.46 Cr0.14%
United Spirits LtdEquity2.45 Cr0.14%
Sona BLW Precision Forgings LtdEquity2.43 Cr0.14%
Future on Shriram Finance LtdEquity - Future-1.98 Cr0.11%
The Indian Hotels Company Ltd.Equity - Future-1.82 Cr0.10%
Indian Hotels Co LtdEquity1.81 Cr0.10%
Gateway Distriparks LtdEquity1.8 Cr0.10%
Future on Tata Power Co LtdEquity - Future-1.78 Cr0.10%
Tata Power Co LtdEquity1.77 Cr0.10%
Future on Bank of BarodaEquity - Future-1.68 Cr0.10%
Future on Adani Ports & Special Economic Zone LtdEquity - Future-1.62 Cr0.09%
Prince Pipes And Fittings Ltd Ordinary SharesEquity1.57 Cr0.09%
Future on Lupin LtdEquity - Future-1.56 Cr0.09%
Future on ACC LtdEquity - Future-1.4 Cr0.08%
ACC LtdEquity1.4 Cr0.08%
Utkarsh Small Finance Bank LtdEquity1.09 Cr0.06%
Future on Container Corporation of India LtdEquity - Future-0.83 Cr0.05%
Container Corporation of India LtdEquity0.83 Cr0.05%
Future on HDFC Asset Management Co LtdEquity - Future-0.36 Cr0.02%
SRF LtdEquity0.15 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

40.09%

Mid Cap Stocks

5.47%

Small Cap Stocks

8.55%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services364.26 Cr20.63%
Basic Materials144.47 Cr8.18%
Consumer Cyclical126.99 Cr7.19%
Technology105.4 Cr5.97%
Industrials99.97 Cr5.66%
Healthcare99.28 Cr5.62%
Energy90.11 Cr5.10%
Communication Services56.23 Cr3.18%
Consumer Defensive55.92 Cr3.17%
Utilities52.66 Cr2.98%
Real Estate15.56 Cr0.88%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

8.52%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.51

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.86

Higher the better

Fund Managers

MJ

Mahendra Jajoo

Since August 2022

HB

Harshad Borawake

Since August 2022

Additional Scheme Detailsas of 31st March 2025

ISIN
INF769K01IN6
Expense Ratio
0.72%
Exit Load
1.00%
Fund Size
₹1,766 Cr
Age
2 years 8 months
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR

Investment ObjectiveInvestment 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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 nameExpense RatioExit LoadFund size
1Y
Unifi Dynamic Asset Allocation Fund Direct Growth

High Risk

-1.0%--
Unifi Dynamic Asset Allocation Fund Regular Growth

High Risk

-1.0%--
Canara Robeco Balanced Advantage Fund Regular Growth

Very High Risk

2.1%1.0%₹1438.82 Cr-
Canara Robeco Balanced Advantage Fund Direct Growth

Very High Risk

0.8%1.0%₹1438.82 Cr-
Helios Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%1.0%₹292.94 Cr7.8%
Helios Balanced Advantage Fund Regular Growth

Moderately High risk

2.4%1.0%₹292.94 Cr6.1%
Parag Parikh Dynamic Asset Allocation Fund Regular Growth

Moderate Risk

0.6%1.0%₹1761.42 Cr10.5%
Parag Parikh Dynamic Asset Allocation Fund Direct Growth

Moderate Risk

0.3%1.0%₹1761.42 Cr10.9%
Samco Dynamic Asset Allocation Fund Direct Growth

Very High Risk

0.8%1.0%₹522.56 Cr1.1%
Samco Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.4%1.0%₹522.56 Cr-0.7%

About the AMC

Mirae Asset India Mutual Fund

Mirae Asset India Mutual Fund

Total AUM

₹1,78,421 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹1842.79 Cr13.9%
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.5%1.0%₹3871.78 Cr10.5%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹12344.27 Cr7.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.7%1.0%₹36506.79 Cr5.5%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹37778.37 Cr11.5%
Mirae Asset Savings Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1414.58 Cr8.4%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹2196.81 Cr8.2%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.8%1.0%₹7410.54 Cr9.4%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹117.40 Cr8.9%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹1737.85 Cr21.5%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.5%1.0%₹8681.51 Cr11.2%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.2%0.0%₹853.07 Cr7.2%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.5%0.0%₹95.62 Cr9.2%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹576.22 Cr6.9%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹757.50 Cr9.3%
Mirae Asset Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1414.66 Cr8.1%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2537.32 Cr9.5%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.7%1.0%₹1840.57 Cr19.9%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.5%1.0%₹3334.83 Cr8.0%
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.6%0.0%₹101.60 Cr4.2%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.7%0.0%₹23945.24 Cr9.0%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.1%0.0%₹71.72 Cr10.2%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹41.28 Cr9.9%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.7%0.0%₹93.43 Cr72.4%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.4%1.0%₹1359.75 Cr10.7%
Mirae Asset Banking and PSU Debt Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹47.03 Cr9.7%
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹291.81 Cr5.9%
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth

Very High Risk

2.0%1.0%₹47.69 Cr-10.7%
Mirae Asset Overnight Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹1049.26 Cr6.6%
Mirae Asset Short Term Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹347.46 Cr10.0%
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹237.18 Cr12.6%
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹90.12 Cr8.2%
Mirae Asset Healthcare Fund Direct Growth

Very High Risk

0.6%1.0%₹2667.40 Cr19.2%
Mirae Asset Arbitrage Fund Direct Growth

Low Risk

0.1%0.0%₹3111.29 Cr8.0%
Mirae Asset Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹14921.59 Cr3.3%
Mirae Asset Balanced Advantage Fund Direct Growth

Moderately High risk

0.7%1.0%₹1765.74 Cr10.7%

Still got questions?
We're here to help.

The NAV of Mirae Asset Balanced Advantage Fund Direct Growth, as of 17-Apr-2025, is ₹14.05.
The fund's allocation of assets is distributed as 54.13% in equities, 22.85% in bonds, and 23.02% in cash and cash equivalents.
The fund managers responsible for Mirae Asset Balanced Advantage Fund Direct Growth are:-
  1. Mahendra Jajoo
  2. Harshad Borawake
close

Get your portfolio reviewed by experts

qr

Track all your investments in one place

Download Wealth Monitor App

cross
wm logo

Track and monitor all
your investments