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Mirae Asset Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationModerately High risk
Direct
NAV (27-Mar-25)
₹13.870.38%1D
Returns (Since Inception)
13.21%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹1,696 Cr
Expense Ratio
0.59%
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, 7 months and 16 days, having been launched on 12-Aug-22.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹13.87, Assets Under Management (AUM) of 1695.72 Crores, and an expense ratio of 0.59%.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹13.87, Assets Under Management (AUM) of 1695.72 Crores, and an expense ratio of 0.59%.
- Mirae Asset Balanced Advantage Fund Direct Growth has given a CAGR return of 13.21% since inception.
- The fund's asset allocation comprises around 67.85% in equities, 26.80% in debts, and 5.36% 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
+10.36%
+5.81% (Cat Avg.)
Since Inception
+13.21%
— (Cat Avg.)
Portfolio Summaryas of 28th February 2025
| Equity | ₹1,150.49 Cr | 67.85% |
| Debt | ₹454.41 Cr | 26.80% |
| Others | ₹90.81 Cr | 5.36% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹86.87 Cr | 5.12% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹75.82 Cr | 4.47% |
| Treps | Cash - Repurchase Agreement | ₹65.33 Cr | 3.85% |
| ICICI Bank Ltd | Equity | ₹46.02 Cr | 2.71% |
| Bharti Airtel Ltd | Equity | ₹43.08 Cr | 2.54% |
| Infosys Ltd | Equity | ₹37.13 Cr | 2.19% |
| State Bank of India | Equity | ₹36.47 Cr | 2.15% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹35.17 Cr | 2.07% |
| Reliance Industries Ltd | Equity | ₹34.64 Cr | 2.04% |
| Larsen & Toubro Ltd | Equity | ₹31.77 Cr | 1.87% |
| Axis Bank Ltd | Equity | ₹30.67 Cr | 1.81% |
| NTPC Ltd | Equity | ₹28.42 Cr | 1.68% |
| Mahindra & Mahindra Ltd | Equity | ₹27.72 Cr | 1.63% |
| Tata Consultancy Services Ltd | Equity | ₹26.91 Cr | 1.59% |
| Coal India Ltd | Equity | ₹26.44 Cr | 1.56% |
| Net Receivables / (Payables) | Cash | ₹25.49 Cr | 1.50% |
| REC Ltd. 7.71% | Bond - Corporate Bond | ₹25.1 Cr | 1.48% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹25.04 Cr | 1.48% |
| 6.54% Govt Stock 2032 | Bond - Gov't/Treasury | ₹24.71 Cr | 1.46% |
| Bajaj Finance Ltd | Equity | ₹24.21 Cr | 1.43% |
| 6.79% Government Of India (07/10/2034) | Bond - Gov't/Treasury | ₹24.11 Cr | 1.42% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹20.97 Cr | 1.24% |
| Shriram Finance Ltd | Equity | ₹20.74 Cr | 1.22% |
| Ambuja Cements Ltd | Equity | ₹20.1 Cr | 1.19% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹20.09 Cr | 1.18% |
| Hindalco Industries Ltd | Equity | ₹19.33 Cr | 1.14% |
| Kotak Mahindra Bank Ltd | Equity | ₹19.24 Cr | 1.13% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹17.99 Cr | 1.06% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹17.48 Cr | 1.03% |
| Tata Motors Ltd | Equity | ₹16.15 Cr | 0.95% |
| Aurobindo Pharma Ltd | Equity | ₹15.06 Cr | 0.89% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.96 Cr | 0.88% |
| TD Power Systems Ltd | Equity | ₹14.67 Cr | 0.87% |
| SBI Life Insurance Co Ltd | Equity | ₹13.9 Cr | 0.82% |
| TVS Motor Co Ltd | Equity | ₹13.39 Cr | 0.79% |
| National Bank For Financing Infrastructure And Development | Bond - Corporate Bond | ₹12.38 Cr | 0.73% |
| Bharat Petroleum Corp Ltd | Equity | ₹12.3 Cr | 0.73% |
| Tata Steel Ltd | Equity | ₹12.13 Cr | 0.72% |
| Bharat Electronics Ltd | Equity | ₹11.99 Cr | 0.71% |
| ITC Ltd | Equity | ₹11.84 Cr | 0.70% |
| Power Finance Corp Ltd | Equity | ₹11.73 Cr | 0.69% |
| Multi Commodity Exchange of India Ltd | Equity | ₹11.65 Cr | 0.69% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹11.56 Cr | 0.68% |
| Cipla Ltd | Equity | ₹11.36 Cr | 0.67% |
| Oil & Natural Gas Corp Ltd | Equity | ₹11.29 Cr | 0.67% |
| Zomato Ltd | Equity | ₹10.94 Cr | 0.65% |
| Hindustan Unilever Ltd | Equity | ₹10.79 Cr | 0.64% |
| Vedanta Ltd | Equity | ₹10.58 Cr | 0.62% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹10.44 Cr | 0.62% |
| Zensar Technologies Ltd | Equity | ₹10.34 Cr | 0.61% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹10.29 Cr | 0.61% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹10.26 Cr | 0.60% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹10.03 Cr | 0.59% |
| Ncd Small Industries Development Bank Of India | Bond - Corporate Bond | ₹10 Cr | 0.59% |
| Rec Limited | Bond - Corporate Bond | ₹10 Cr | 0.59% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹9.94 Cr | 0.59% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹9.79 Cr | 0.58% |
| Brigade Enterprises Ltd | Equity | ₹9.76 Cr | 0.58% |
| InterGlobe Aviation Ltd | Equity | ₹9.72 Cr | 0.57% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹9.46 Cr | 0.56% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹9.01 Cr | 0.53% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹9.01 Cr | 0.53% |
| Century Plyboards (India) Ltd | Equity | ₹9 Cr | 0.53% |
| Jindal Steel & Power Ltd | Equity | ₹8.78 Cr | 0.52% |
| LIC Housing Finance Ltd | Equity | ₹8.59 Cr | 0.51% |
| JSW Steel Ltd | Equity | ₹8.47 Cr | 0.50% |
| Craftsman Automation Ltd | Equity | ₹8.42 Cr | 0.50% |
| LTIMindtree Ltd | Equity | ₹8.29 Cr | 0.49% |
| International Gemmological Institute (India) Ltd | Equity | ₹8.24 Cr | 0.49% |
| GAIL (India) Ltd | Equity | ₹8.21 Cr | 0.48% |
| Lupin Ltd | Equity | ₹8.04 Cr | 0.47% |
| India Infrastructure Finance Company Limited | Bond - Corporate Bond | ₹7.99 Cr | 0.47% |
| Maruti Suzuki India Ltd | Equity | ₹7.96 Cr | 0.47% |
| State Bank Of India | Bond - Corporate Bond | ₹7.9 Cr | 0.47% |
| Havells India Ltd | Equity | ₹7.67 Cr | 0.45% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹7.54 Cr | 0.44% |
| Titan Co Ltd | Equity | ₹7.49 Cr | 0.44% |
| Steel Authority Of India Ltd | Equity | ₹7.48 Cr | 0.44% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹7.48 Cr | 0.44% |
| Godrej Consumer Products Ltd | Equity | ₹7.4 Cr | 0.44% |
| Eicher Motors Ltd | Equity | ₹7.39 Cr | 0.44% |
| Wipro Ltd | Equity | ₹7.08 Cr | 0.42% |
| Schaeffler India Ltd | Equity | ₹6.6 Cr | 0.39% |
| OneSource Specialty Pharma Ltd | Equity | ₹6.48 Cr | 0.38% |
| HCL Technologies Ltd | Equity | ₹6.45 Cr | 0.38% |
| PI Industries Ltd | Equity | ₹6.4 Cr | 0.38% |
| Varun Beverages Ltd | Equity | ₹6.19 Cr | 0.37% |
| HDFC Asset Management Co Ltd | Equity | ₹6.13 Cr | 0.36% |
| Grasim Industries Ltd | Equity | ₹6.1 Cr | 0.36% |
| Mahanagar Gas Ltd | Equity | ₹5.94 Cr | 0.35% |
| Bank of Baroda | Equity | ₹5.68 Cr | 0.33% |
| JK Cement Ltd | Equity | ₹5.62 Cr | 0.33% |
| Go Digit General Insurance Ltd | Equity | ₹5.32 Cr | 0.31% |
| Biocon Ltd | Equity | ₹5.22 Cr | 0.31% |
| Arvind Ltd | Equity | ₹5.13 Cr | 0.30% |
| KFin Technologies Ltd | Equity | ₹5.09 Cr | 0.30% |
| Deepak Nitrite Ltd | Equity | ₹5.09 Cr | 0.30% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹5.09 Cr | 0.30% |
| Tech Mahindra Ltd | Equity | ₹5.09 Cr | 0.30% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹5.03 Cr | 0.30% |
| DLF Ltd | Equity | ₹5.03 Cr | 0.30% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹5.01 Cr | 0.30% |
| Go Fashion (India) Ltd | Equity | ₹4.8 Cr | 0.28% |
| JSW Energy Ltd | Equity | ₹4.64 Cr | 0.27% |
| Krishna Institute of Medical Sciences Ltd | Equity | ₹4.62 Cr | 0.27% |
| IIFL Finance Ltd | Equity | ₹4.49 Cr | 0.26% |
| Adani Wilmar Ltd | Equity | ₹4.43 Cr | 0.26% |
| SRF Ltd | Equity | ₹4.27 Cr | 0.25% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹4.2 Cr | 0.25% |
| Page Industries Ltd | Equity | ₹4.19 Cr | 0.25% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹4.02 Cr | 0.24% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹3.89 Cr | 0.23% |
| TBO Tek Ltd | Equity | ₹3.8 Cr | 0.22% |
| Mphasis Ltd | Equity | ₹3.56 Cr | 0.21% |
| General Insurance Corp of India | Equity | ₹3.34 Cr | 0.20% |
| Greenply Industries Ltd | Equity | ₹3.34 Cr | 0.20% |
| Escorts Kubota Ltd | Equity | ₹3.31 Cr | 0.20% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹3.29 Cr | 0.19% |
| ABB India Ltd | Equity | ₹3.22 Cr | 0.19% |
| Sai Life Sciences Ltd | Equity | ₹3.16 Cr | 0.19% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹3.05 Cr | 0.18% |
| The Federal Bank Ltd | Equity | ₹3.02 Cr | 0.18% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹3 Cr | 0.18% |
| Sagility India Ltd | Equity | ₹2.98 Cr | 0.18% |
| Divi's Laboratories Ltd | Equity | ₹2.85 Cr | 0.17% |
| IndusInd Bank Ltd | Equity | ₹2.77 Cr | 0.16% |
| Sona BLW Precision Forgings Ltd | Equity | ₹2.6 Cr | 0.15% |
| Gujarat State Petronet Ltd | Equity | ₹2.39 Cr | 0.14% |
| United Spirits Ltd | Equity | ₹2.25 Cr | 0.13% |
| Mankind Pharma Ltd | Equity | ₹1.83 Cr | 0.11% |
| Prince Pipes And Fittings Ltd Ordinary Shares | Equity | ₹1.83 Cr | 0.11% |
| Gateway Distriparks Ltd | Equity | ₹1.8 Cr | 0.11% |
| Indian Hotels Co Ltd | Equity | ₹1.65 Cr | 0.10% |
| Tata Power Co Ltd | Equity | ₹1.6 Cr | 0.09% |
| ACC Ltd | Equity | ₹1.31 Cr | 0.08% |
| Avenue Supermarts Ltd | Equity | ₹1.23 Cr | 0.07% |
| Utkarsh Small Finance Bank Ltd | Equity | ₹1.18 Cr | 0.07% |
| REC Ltd | Equity | ₹1.08 Cr | 0.06% |
| Container Corporation of India Ltd | Equity | ₹0.75 Cr | 0.04% |
| Canara Bank | Equity | ₹0.11 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
51.60%
Mid Cap Stocks
7.90%
Small Cap Stocks
7.97%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹343.2 Cr | 20.24% |
| Basic Materials | ₹131.96 Cr | 7.78% |
| Consumer Cyclical | ₹131.28 Cr | 7.74% |
| Technology | ₹109.95 Cr | 6.48% |
| Industrials | ₹101.25 Cr | 5.97% |
| Healthcare | ₹91.09 Cr | 5.37% |
| Energy | ₹84.67 Cr | 4.99% |
| Utilities | ₹51.2 Cr | 3.02% |
| Communication Services | ₹46.97 Cr | 2.77% |
| Consumer Defensive | ₹44.12 Cr | 2.60% |
| Real Estate | ₹14.79 Cr | 0.87% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
8.43%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.48
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.81
Higher the better
Fund Managers
MJ
Mahendra Jajoo
Since August 2022
HB
Harshad Borawake
Since August 2022
Additional Scheme Detailsas of 28th February 2025
ISIN INF769K01IN6 | Expense Ratio 0.59% | Exit Load 1.00% | Fund Size ₹1,696 Cr | Age 2 years 7 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 | 2.3% | 1.0% | ₹890.56 Cr | -6.5% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹890.56 Cr | -5.3% |
| Quant Dynamic Asset Allocation Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1140.21 Cr | 3.7% |
| Quant Dynamic Asset Allocation Fund Regular Growth High Risk | 2.2% | 1.0% | ₹1140.21 Cr | 2.2% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.8% | 0.0% | ₹2141.18 Cr | 9.9% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 0.0% | ₹2141.18 Cr | 8.5% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹843.27 Cr | 5.6% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹843.27 Cr | 7.4% |
| Mirae Asset Balanced Advantage Fund Direct Growth Moderately High risk | 0.6% | 1.0% | ₹1695.72 Cr | 10.4% |
| Mirae Asset Balanced Advantage Fund Regular Growth Moderately High risk | 2.1% | 1.0% | ₹1695.72 Cr | 8.8% |
About the AMC
Mirae Asset India Mutual Fund
Total AUM
₹1,90,161 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
Take control of your wealth
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Still got questions?
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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 27-Mar-2025, is ₹13.87.
What is the portfolio composition of Mirae Asset Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 67.85% in equities, 26.80% in bonds, and 5.36% 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
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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 (27-Mar-25)
₹13.870.38%1D
Returns (Since Inception)
13.21%
Rated ★4.3+ on
Fund Overview
Fund Size
₹1,696 Cr
Expense Ratio
0.59%
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, 7 months and 16 days, having been launched on 12-Aug-22.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹13.87, Assets Under Management (AUM) of 1695.72 Crores, and an expense ratio of 0.59%.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹13.87, Assets Under Management (AUM) of 1695.72 Crores, and an expense ratio of 0.59%.
- Mirae Asset Balanced Advantage Fund Direct Growth has given a CAGR return of 13.21% since inception.
- The fund's asset allocation comprises around 67.85% in equities, 26.80% in debts, and 5.36% 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
+10.36%
+5.81% (Cat Avg.)
Since Inception
+13.21%
— (Cat Avg.)
Portfolio Summaryas of 28th February 2025
| Equity | ₹1,150.49 Cr | 67.85% |
| Debt | ₹454.41 Cr | 26.80% |
| Others | ₹90.81 Cr | 5.36% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹86.87 Cr | 5.12% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹75.82 Cr | 4.47% |
| Treps | Cash - Repurchase Agreement | ₹65.33 Cr | 3.85% |
| ICICI Bank Ltd | Equity | ₹46.02 Cr | 2.71% |
| Bharti Airtel Ltd | Equity | ₹43.08 Cr | 2.54% |
| Infosys Ltd | Equity | ₹37.13 Cr | 2.19% |
| State Bank of India | Equity | ₹36.47 Cr | 2.15% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹35.17 Cr | 2.07% |
| Reliance Industries Ltd | Equity | ₹34.64 Cr | 2.04% |
| Larsen & Toubro Ltd | Equity | ₹31.77 Cr | 1.87% |
| Axis Bank Ltd | Equity | ₹30.67 Cr | 1.81% |
| NTPC Ltd | Equity | ₹28.42 Cr | 1.68% |
| Mahindra & Mahindra Ltd | Equity | ₹27.72 Cr | 1.63% |
| Tata Consultancy Services Ltd | Equity | ₹26.91 Cr | 1.59% |
| Coal India Ltd | Equity | ₹26.44 Cr | 1.56% |
| Net Receivables / (Payables) | Cash | ₹25.49 Cr | 1.50% |
| REC Ltd. 7.71% | Bond - Corporate Bond | ₹25.1 Cr | 1.48% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹25.04 Cr | 1.48% |
| 6.54% Govt Stock 2032 | Bond - Gov't/Treasury | ₹24.71 Cr | 1.46% |
| Bajaj Finance Ltd | Equity | ₹24.21 Cr | 1.43% |
| 6.79% Government Of India (07/10/2034) | Bond - Gov't/Treasury | ₹24.11 Cr | 1.42% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹20.97 Cr | 1.24% |
| Shriram Finance Ltd | Equity | ₹20.74 Cr | 1.22% |
| Ambuja Cements Ltd | Equity | ₹20.1 Cr | 1.19% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹20.09 Cr | 1.18% |
| Hindalco Industries Ltd | Equity | ₹19.33 Cr | 1.14% |
| Kotak Mahindra Bank Ltd | Equity | ₹19.24 Cr | 1.13% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹17.99 Cr | 1.06% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹17.48 Cr | 1.03% |
| Tata Motors Ltd | Equity | ₹16.15 Cr | 0.95% |
| Aurobindo Pharma Ltd | Equity | ₹15.06 Cr | 0.89% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.96 Cr | 0.88% |
| TD Power Systems Ltd | Equity | ₹14.67 Cr | 0.87% |
| SBI Life Insurance Co Ltd | Equity | ₹13.9 Cr | 0.82% |
| TVS Motor Co Ltd | Equity | ₹13.39 Cr | 0.79% |
| National Bank For Financing Infrastructure And Development | Bond - Corporate Bond | ₹12.38 Cr | 0.73% |
| Bharat Petroleum Corp Ltd | Equity | ₹12.3 Cr | 0.73% |
| Tata Steel Ltd | Equity | ₹12.13 Cr | 0.72% |
| Bharat Electronics Ltd | Equity | ₹11.99 Cr | 0.71% |
| ITC Ltd | Equity | ₹11.84 Cr | 0.70% |
| Power Finance Corp Ltd | Equity | ₹11.73 Cr | 0.69% |
| Multi Commodity Exchange of India Ltd | Equity | ₹11.65 Cr | 0.69% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹11.56 Cr | 0.68% |
| Cipla Ltd | Equity | ₹11.36 Cr | 0.67% |
| Oil & Natural Gas Corp Ltd | Equity | ₹11.29 Cr | 0.67% |
| Zomato Ltd | Equity | ₹10.94 Cr | 0.65% |
| Hindustan Unilever Ltd | Equity | ₹10.79 Cr | 0.64% |
| Vedanta Ltd | Equity | ₹10.58 Cr | 0.62% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹10.44 Cr | 0.62% |
| Zensar Technologies Ltd | Equity | ₹10.34 Cr | 0.61% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹10.29 Cr | 0.61% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹10.26 Cr | 0.60% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹10.03 Cr | 0.59% |
| Ncd Small Industries Development Bank Of India | Bond - Corporate Bond | ₹10 Cr | 0.59% |
| Rec Limited | Bond - Corporate Bond | ₹10 Cr | 0.59% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹9.94 Cr | 0.59% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹9.79 Cr | 0.58% |
| Brigade Enterprises Ltd | Equity | ₹9.76 Cr | 0.58% |
| InterGlobe Aviation Ltd | Equity | ₹9.72 Cr | 0.57% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹9.46 Cr | 0.56% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹9.01 Cr | 0.53% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹9.01 Cr | 0.53% |
| Century Plyboards (India) Ltd | Equity | ₹9 Cr | 0.53% |
| Jindal Steel & Power Ltd | Equity | ₹8.78 Cr | 0.52% |
| LIC Housing Finance Ltd | Equity | ₹8.59 Cr | 0.51% |
| JSW Steel Ltd | Equity | ₹8.47 Cr | 0.50% |
| Craftsman Automation Ltd | Equity | ₹8.42 Cr | 0.50% |
| LTIMindtree Ltd | Equity | ₹8.29 Cr | 0.49% |
| International Gemmological Institute (India) Ltd | Equity | ₹8.24 Cr | 0.49% |
| GAIL (India) Ltd | Equity | ₹8.21 Cr | 0.48% |
| Lupin Ltd | Equity | ₹8.04 Cr | 0.47% |
| India Infrastructure Finance Company Limited | Bond - Corporate Bond | ₹7.99 Cr | 0.47% |
| Maruti Suzuki India Ltd | Equity | ₹7.96 Cr | 0.47% |
| State Bank Of India | Bond - Corporate Bond | ₹7.9 Cr | 0.47% |
| Havells India Ltd | Equity | ₹7.67 Cr | 0.45% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹7.54 Cr | 0.44% |
| Titan Co Ltd | Equity | ₹7.49 Cr | 0.44% |
| Steel Authority Of India Ltd | Equity | ₹7.48 Cr | 0.44% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹7.48 Cr | 0.44% |
| Godrej Consumer Products Ltd | Equity | ₹7.4 Cr | 0.44% |
| Eicher Motors Ltd | Equity | ₹7.39 Cr | 0.44% |
| Wipro Ltd | Equity | ₹7.08 Cr | 0.42% |
| Schaeffler India Ltd | Equity | ₹6.6 Cr | 0.39% |
| OneSource Specialty Pharma Ltd | Equity | ₹6.48 Cr | 0.38% |
| HCL Technologies Ltd | Equity | ₹6.45 Cr | 0.38% |
| PI Industries Ltd | Equity | ₹6.4 Cr | 0.38% |
| Varun Beverages Ltd | Equity | ₹6.19 Cr | 0.37% |
| HDFC Asset Management Co Ltd | Equity | ₹6.13 Cr | 0.36% |
| Grasim Industries Ltd | Equity | ₹6.1 Cr | 0.36% |
| Mahanagar Gas Ltd | Equity | ₹5.94 Cr | 0.35% |
| Bank of Baroda | Equity | ₹5.68 Cr | 0.33% |
| JK Cement Ltd | Equity | ₹5.62 Cr | 0.33% |
| Go Digit General Insurance Ltd | Equity | ₹5.32 Cr | 0.31% |
| Biocon Ltd | Equity | ₹5.22 Cr | 0.31% |
| Arvind Ltd | Equity | ₹5.13 Cr | 0.30% |
| KFin Technologies Ltd | Equity | ₹5.09 Cr | 0.30% |
| Deepak Nitrite Ltd | Equity | ₹5.09 Cr | 0.30% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹5.09 Cr | 0.30% |
| Tech Mahindra Ltd | Equity | ₹5.09 Cr | 0.30% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹5.03 Cr | 0.30% |
| DLF Ltd | Equity | ₹5.03 Cr | 0.30% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹5.01 Cr | 0.30% |
| Go Fashion (India) Ltd | Equity | ₹4.8 Cr | 0.28% |
| JSW Energy Ltd | Equity | ₹4.64 Cr | 0.27% |
| Krishna Institute of Medical Sciences Ltd | Equity | ₹4.62 Cr | 0.27% |
| IIFL Finance Ltd | Equity | ₹4.49 Cr | 0.26% |
| Adani Wilmar Ltd | Equity | ₹4.43 Cr | 0.26% |
| SRF Ltd | Equity | ₹4.27 Cr | 0.25% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹4.2 Cr | 0.25% |
| Page Industries Ltd | Equity | ₹4.19 Cr | 0.25% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹4.02 Cr | 0.24% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹3.89 Cr | 0.23% |
| TBO Tek Ltd | Equity | ₹3.8 Cr | 0.22% |
| Mphasis Ltd | Equity | ₹3.56 Cr | 0.21% |
| General Insurance Corp of India | Equity | ₹3.34 Cr | 0.20% |
| Greenply Industries Ltd | Equity | ₹3.34 Cr | 0.20% |
| Escorts Kubota Ltd | Equity | ₹3.31 Cr | 0.20% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹3.29 Cr | 0.19% |
| ABB India Ltd | Equity | ₹3.22 Cr | 0.19% |
| Sai Life Sciences Ltd | Equity | ₹3.16 Cr | 0.19% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹3.05 Cr | 0.18% |
| The Federal Bank Ltd | Equity | ₹3.02 Cr | 0.18% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹3 Cr | 0.18% |
| Sagility India Ltd | Equity | ₹2.98 Cr | 0.18% |
| Divi's Laboratories Ltd | Equity | ₹2.85 Cr | 0.17% |
| IndusInd Bank Ltd | Equity | ₹2.77 Cr | 0.16% |
| Sona BLW Precision Forgings Ltd | Equity | ₹2.6 Cr | 0.15% |
| Gujarat State Petronet Ltd | Equity | ₹2.39 Cr | 0.14% |
| United Spirits Ltd | Equity | ₹2.25 Cr | 0.13% |
| Mankind Pharma Ltd | Equity | ₹1.83 Cr | 0.11% |
| Prince Pipes And Fittings Ltd Ordinary Shares | Equity | ₹1.83 Cr | 0.11% |
| Gateway Distriparks Ltd | Equity | ₹1.8 Cr | 0.11% |
| Indian Hotels Co Ltd | Equity | ₹1.65 Cr | 0.10% |
| Tata Power Co Ltd | Equity | ₹1.6 Cr | 0.09% |
| ACC Ltd | Equity | ₹1.31 Cr | 0.08% |
| Avenue Supermarts Ltd | Equity | ₹1.23 Cr | 0.07% |
| Utkarsh Small Finance Bank Ltd | Equity | ₹1.18 Cr | 0.07% |
| REC Ltd | Equity | ₹1.08 Cr | 0.06% |
| Container Corporation of India Ltd | Equity | ₹0.75 Cr | 0.04% |
| Canara Bank | Equity | ₹0.11 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
51.60%
Mid Cap Stocks
7.90%
Small Cap Stocks
7.97%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹343.2 Cr | 20.24% |
| Basic Materials | ₹131.96 Cr | 7.78% |
| Consumer Cyclical | ₹131.28 Cr | 7.74% |
| Technology | ₹109.95 Cr | 6.48% |
| Industrials | ₹101.25 Cr | 5.97% |
| Healthcare | ₹91.09 Cr | 5.37% |
| Energy | ₹84.67 Cr | 4.99% |
| Utilities | ₹51.2 Cr | 3.02% |
| Communication Services | ₹46.97 Cr | 2.77% |
| Consumer Defensive | ₹44.12 Cr | 2.60% |
| Real Estate | ₹14.79 Cr | 0.87% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
8.43%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.48
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.81
Higher the better
Fund Managers
MJ
Mahendra Jajoo
Since August 2022
HB
Harshad Borawake
Since August 2022
Additional Scheme Detailsas of 28th February 2025
ISIN INF769K01IN6 | Expense Ratio 0.59% | Exit Load 1.00% | Fund Size ₹1,696 Cr | Age 2 years 7 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 | 2.3% | 1.0% | ₹890.56 Cr | -6.5% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹890.56 Cr | -5.3% |
| Quant Dynamic Asset Allocation Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1140.21 Cr | 3.7% |
| Quant Dynamic Asset Allocation Fund Regular Growth High Risk | 2.2% | 1.0% | ₹1140.21 Cr | 2.2% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.8% | 0.0% | ₹2141.18 Cr | 9.9% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 0.0% | ₹2141.18 Cr | 8.5% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹843.27 Cr | 5.6% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹843.27 Cr | 7.4% |
| Mirae Asset Balanced Advantage Fund Direct Growth Moderately High risk | 0.6% | 1.0% | ₹1695.72 Cr | 10.4% |
| Mirae Asset Balanced Advantage Fund Regular Growth Moderately High risk | 2.1% | 1.0% | ₹1695.72 Cr | 8.8% |
About the AMC
Mirae Asset India Mutual Fund
Total AUM
₹1,90,161 Cr
Address
Unit No. 606, 6th Floor, Mumbai, 400 098
Other Funds by Mirae Asset India Mutual Fund
Related Articles
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 27-Mar-2025, is ₹13.87.
What is the portfolio composition of Mirae Asset Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 67.85% in equities, 26.80% in bonds, and 5.36% 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
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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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