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Mirae Asset Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationModerately High risk
Direct
NAV (21-Feb-25)
₹13.46-0.33%1D
Returns (Since Inception)
12.40%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹1,751 Cr
Expense Ratio
0.68%
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, 6 months and 10 days, having been launched on 12-Aug-22.
As of 21-Feb-25, it has a Net Asset Value (NAV) of ₹13.46, Assets Under Management (AUM) of 1750.90 Crores, and an expense ratio of 0.68%.
As of 21-Feb-25, it has a Net Asset Value (NAV) of ₹13.46, Assets Under Management (AUM) of 1750.90 Crores, and an expense ratio of 0.68%.
- Mirae Asset Balanced Advantage Fund Direct Growth has given a CAGR return of 12.40% since inception.
- The fund's asset allocation comprises around 50.61% in equities, 26.46% in debts, and 22.92% 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
+7.09%
+4.53% (Cat Avg.)
Since Inception
+12.40%
— (Cat Avg.)
Portfolio Summaryas of 31st January 2025
| Equity | ₹886.15 Cr | 50.61% |
| Debt | ₹463.37 Cr | 26.46% |
| Others | ₹401.39 Cr | 22.92% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹308.09 Cr | 17.60% |
| HDFC Bank Ltd | Equity | ₹85.18 Cr | 4.87% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹76.02 Cr | 4.34% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹71.18 Cr | 4.07% |
| Treps | Cash - Repurchase Agreement | ₹67.49 Cr | 3.85% |
| ICICI Bank Ltd | Equity | ₹47.88 Cr | 2.73% |
| Bharti Airtel Ltd | Equity | ₹44.62 Cr | 2.55% |
| Infosys Ltd | Equity | ₹41.36 Cr | 2.36% |
| State Bank of India | Equity | ₹40.92 Cr | 2.34% |
| Reliance Industries Ltd | Equity | ₹36.52 Cr | 2.09% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹35.26 Cr | 2.01% |
| Tata Consultancy Services Ltd | Equity | ₹29.99 Cr | 1.71% |
| Axis Bank Ltd | Equity | ₹29.78 Cr | 1.70% |
| Mahindra & Mahindra Ltd | Equity | ₹29.25 Cr | 1.67% |
| Larsen & Toubro Ltd | Equity | ₹28.4 Cr | 1.62% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹26.95 Cr | 1.54% |
| Coal India Ltd | Equity | ₹26.46 Cr | 1.51% |
| NTPC Ltd | Equity | ₹25.94 Cr | 1.48% |
| Net Receivables / (Payables) | Cash | ₹25.82 Cr | 1.47% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹25.06 Cr | 1.43% |
| 6.54% Govt Stock 2032 | Bond - Gov't/Treasury | ₹24.72 Cr | 1.41% |
| Kotak Mahindra Bank Ltd | Equity | ₹23.41 Cr | 1.34% |
| Ambuja Cements Ltd | Equity | ₹22.17 Cr | 1.27% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹20.96 Cr | 1.20% |
| Shriram Finance Ltd | Equity | ₹20.73 Cr | 1.18% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹20.09 Cr | 1.15% |
| Tata Motors Ltd | Equity | ₹18.63 Cr | 1.06% |
| Hindalco Industries Ltd | Equity | ₹18.11 Cr | 1.03% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹17.98 Cr | 1.03% |
| TD Power Systems Ltd | Equity | ₹17.47 Cr | 1.00% |
| Aurobindo Pharma Ltd | Equity | ₹16.68 Cr | 0.95% |
| Bajaj Finance Ltd | Equity | ₹16.46 Cr | 0.94% |
| Future on Coal India Ltd | Equity - Future | ₹-15.68 Cr | 0.90% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.96 Cr | 0.85% |
| TVS Motor Co Ltd | Equity | ₹14.79 Cr | 0.84% |
| ITC Ltd | Equity | ₹14.71 Cr | 0.84% |
| SBI Life Insurance Co Ltd | Equity | ₹14.41 Cr | 0.82% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.13 Cr | 0.81% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-13.61 Cr | 0.78% |
| Power Finance Corp Ltd | Equity | ₹13.6 Cr | 0.78% |
| Bharat Petroleum Corp Ltd | Equity | ₹13.54 Cr | 0.77% |
| Multi Commodity Exchange of India Ltd | Equity | ₹13.38 Cr | 0.76% |
| Zomato Ltd | Equity | ₹13.35 Cr | 0.76% |
| Bharat Electronics Ltd | Equity | ₹13.25 Cr | 0.76% |
| Oil & Natural Gas Corp Ltd | Equity | ₹13.16 Cr | 0.75% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹12.66 Cr | 0.72% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-12.57 Cr | 0.72% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-12.46 Cr | 0.71% |
| Zensar Technologies Ltd | Equity | ₹12.19 Cr | 0.70% |
| Hindustan Unilever Ltd | Equity | ₹12.16 Cr | 0.69% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-12.15 Cr | 0.69% |
| Brigade Enterprises Ltd | Equity | ₹12.07 Cr | 0.69% |
| Tata Steel Ltd | Equity | ₹11.9 Cr | 0.68% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹11.86 Cr | 0.68% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-11.68 Cr | 0.67% |
| Cipla Ltd | Equity | ₹11.05 Cr | 0.63% |
| Vedanta Ltd | Equity | ₹10.57 Cr | 0.60% |
| LTIMindtree Ltd | Equity | ₹10.51 Cr | 0.60% |
| LIC Housing Finance Ltd | Equity | ₹10.51 Cr | 0.60% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹10.31 Cr | 0.59% |
| International Gemmological Institute (India) Ltd | Equity | ₹10.26 Cr | 0.59% |
| Ncd Small Industries Development Bank Of India | Bond - Corporate Bond | ₹10.01 Cr | 0.57% |
| Rec Limited | Bond - Corporate Bond | ₹10 Cr | 0.57% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹9.98 Cr | 0.57% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹9.93 Cr | 0.57% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹9.77 Cr | 0.56% |
| Jindal Steel & Power Ltd | Equity | ₹9.62 Cr | 0.55% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹9.49 Cr | 0.54% |
| InterGlobe Aviation Ltd | Equity | ₹9.39 Cr | 0.54% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹9.06 Cr | 0.52% |
| Rec Limited | Bond - Corporate Bond | ₹9.01 Cr | 0.51% |
| Titan Co Ltd | Equity | ₹8.49 Cr | 0.48% |
| Future on JSW Steel Ltd | Equity - Future | ₹-8.46 Cr | 0.48% |
| Havells India Ltd | Equity | ₹8.45 Cr | 0.48% |
| JSW Steel Ltd | Equity | ₹8.42 Cr | 0.48% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹8.39 Cr | 0.48% |
| Varun Beverages Ltd | Equity | ₹8.29 Cr | 0.47% |
| OneSource Specialty Pharma Ltd | Equity | ₹8.28 Cr | 0.47% |
| Godrej Consumer Products Ltd | Equity | ₹8.25 Cr | 0.47% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-8.21 Cr | 0.47% |
| Maruti Suzuki India Ltd | Equity | ₹8.21 Cr | 0.47% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-8.14 Cr | 0.46% |
| Future on Jindal Steel & Power Ltd | Equity - Future | ₹-8.13 Cr | 0.46% |
| Century Plyboards (India) Ltd | Equity | ₹8.1 Cr | 0.46% |
| Future on Wipro Ltd | Equity - Future | ₹-7.98 Cr | 0.46% |
| Wipro Ltd | Equity | ₹7.95 Cr | 0.45% |
| State Bank Of India | Bond - Corporate Bond | ₹7.92 Cr | 0.45% |
| Craftsman Automation Ltd | Equity | ₹7.82 Cr | 0.45% |
| Future on NTPC Ltd | Equity - Future | ₹-7.76 Cr | 0.44% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-7.67 Cr | 0.44% |
| Steel Authority Of India Ltd | Equity | ₹7.65 Cr | 0.44% |
| Future on State Bank of India | Equity - Future | ₹-7.56 Cr | 0.43% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹7.52 Cr | 0.43% |
| Future on PI Industries Ltd | Equity - Future | ₹-7.43 Cr | 0.42% |
| PI Industries Ltd | Equity | ₹7.4 Cr | 0.42% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-7.28 Cr | 0.42% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-7.15 Cr | 0.41% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-7.11 Cr | 0.41% |
| HCL Technologies Ltd | Equity | ₹7.07 Cr | 0.40% |
| SRF Ltd | Equity | ₹6.82 Cr | 0.39% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-6.64 Cr | 0.38% |
| Grasim Industries Ltd | Equity | ₹6.64 Cr | 0.38% |
| Mahanagar Gas Ltd | Equity | ₹6.62 Cr | 0.38% |
| Future on Tata Motors Ltd | Equity - Future | ₹-6.57 Cr | 0.38% |
| HDFC Asset Management Co Ltd | Equity | ₹6.54 Cr | 0.37% |
| Torrent Pharmaceuticals Ltd | Equity | ₹6.52 Cr | 0.37% |
| GAIL (India) Ltd | Equity | ₹6.5 Cr | 0.37% |
| KFin Technologies Ltd | Equity | ₹6.38 Cr | 0.36% |
| Future on Biocon Ltd | Equity - Future | ₹-6.29 Cr | 0.36% |
| Biocon Ltd | Equity | ₹6.25 Cr | 0.36% |
| JK Cement Ltd | Equity | ₹6.19 Cr | 0.35% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-6.15 Cr | 0.35% |
| Bank of Baroda | Equity | ₹6.15 Cr | 0.35% |
| Future on SBI Life Insurance Co Ltd | Equity - Future | ₹-6.14 Cr | 0.35% |
| Go Fashion (India) Ltd | Equity | ₹6.04 Cr | 0.35% |
| Future on Tata Steel Ltd | Equity - Future | ₹-5.95 Cr | 0.34% |
| Future on DLF Ltd | Equity - Future | ₹-5.94 Cr | 0.34% |
| DLF Ltd | Equity | ₹5.9 Cr | 0.34% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-5.78 Cr | 0.33% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-5.76 Cr | 0.33% |
| Tech Mahindra Ltd | Equity | ₹5.73 Cr | 0.33% |
| Future on Cipla Ltd | Equity - Future | ₹-5.6 Cr | 0.32% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-5.51 Cr | 0.31% |
| Krishna Institute of Medical Sciences Ltd | Equity | ₹5.4 Cr | 0.31% |
| IIFL Finance Ltd | Equity | ₹5.3 Cr | 0.30% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-5.21 Cr | 0.30% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-5.21 Cr | 0.30% |
| Future on Bharat Petroleum Corp Ltd | Equity - Future | ₹-5.2 Cr | 0.30% |
| Go Digit General Insurance Ltd | Equity | ₹5.19 Cr | 0.30% |
| Arvind Ltd | Equity | ₹5.11 Cr | 0.29% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹5.04 Cr | 0.29% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹5.04 Cr | 0.29% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹5 Cr | 0.29% |
| TBO Tek Ltd | Equity | ₹4.94 Cr | 0.28% |
| Adani Wilmar Ltd | Equity | ₹4.8 Cr | 0.27% |
| Page Industries Ltd | Equity | ₹4.62 Cr | 0.26% |
| Titan Company Limited | Equity - Future | ₹-4.6 Cr | 0.26% |
| Future on Voltas Ltd | Equity - Future | ₹-4.56 Cr | 0.26% |
| Voltas Ltd | Equity | ₹4.54 Cr | 0.26% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-4.53 Cr | 0.26% |
| Future on Axis Bank Ltd | Equity - Future | ₹-4.52 Cr | 0.26% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-4.31 Cr | 0.25% |
| Future on Escorts Kubota Ltd | Equity - Future | ₹-4.21 Cr | 0.24% |
| Escorts Kubota Ltd | Equity | ₹4.19 Cr | 0.24% |
| General Insurance Corp of India | Equity | ₹3.73 Cr | 0.21% |
| Mankind Pharma Ltd | Equity | ₹3.45 Cr | 0.20% |
| Greenply Industries Ltd | Equity | ₹3.43 Cr | 0.20% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹3.26 Cr | 0.19% |
| ABB India Ltd | Equity | ₹3.23 Cr | 0.18% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-3.19 Cr | 0.18% |
| The Federal Bank Ltd | Equity | ₹3.18 Cr | 0.18% |
| Gujarat State Petronet Ltd | Equity | ₹3.03 Cr | 0.17% |
| Sai Life Sciences Ltd | Equity | ₹3 Cr | 0.17% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹3 Cr | 0.17% |
| Future on Divi's Laboratories Ltd | Equity - Future | ₹-2.92 Cr | 0.17% |
| Divi's Laboratories Ltd | Equity | ₹2.9 Cr | 0.17% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-2.79 Cr | 0.16% |
| IndusInd Bank Ltd | Equity | ₹2.78 Cr | 0.16% |
| Sona BLW Precision Forgings Ltd | Equity | ₹2.66 Cr | 0.15% |
| Future on Vedanta Ltd | Equity - Future | ₹-2.55 Cr | 0.15% |
| Future on United Spirits Ltd | Equity - Future | ₹-2.51 Cr | 0.14% |
| United Spirits Ltd | Equity | ₹2.49 Cr | 0.14% |
| Prince Pipes And Fittings Ltd Ordinary Shares | Equity | ₹2.37 Cr | 0.14% |
| Gateway Distriparks Ltd | Equity | ₹2.28 Cr | 0.13% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹2.19 Cr | 0.13% |
| Schaeffler India Ltd | Equity | ₹1.95 Cr | 0.11% |
| The Indian Hotels Company Limited | Equity - Future | ₹-1.77 Cr | 0.10% |
| Indian Hotels Co Ltd | Equity | ₹1.76 Cr | 0.10% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-1.74 Cr | 0.10% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-1.73 Cr | 0.10% |
| Eicher Motors Ltd | Equity | ₹1.73 Cr | 0.10% |
| Tata Power Co Ltd | Equity | ₹1.72 Cr | 0.10% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-1.64 Cr | 0.09% |
| Future on Lupin Ltd | Equity - Future | ₹-1.6 Cr | 0.09% |
| Lupin Ltd | Equity | ₹1.59 Cr | 0.09% |
| Future on Bank of Baroda | Equity - Future | ₹-1.57 Cr | 0.09% |
| Vishal Mega Mart Ltd | Equity | ₹1.51 Cr | 0.09% |
| Utkarsh Small Finance Bank Ltd | Equity | ₹1.51 Cr | 0.09% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-1.5 Cr | 0.09% |
| Acc Limited | Equity - Future | ₹-1.45 Cr | 0.08% |
| ACC Ltd | Equity | ₹1.45 Cr | 0.08% |
| REC Ltd | Equity | ₹1.35 Cr | 0.08% |
| Avenue Supermarts Ltd | Equity | ₹1.33 Cr | 0.08% |
| Container Corporation of India Ltd | Equity | ₹0.94 Cr | 0.05% |
| Future on Container Corporation of India Ltd | Equity - Future | ₹-0.93 Cr | 0.05% |
| Future on HDFC Asset Management Co Ltd | Equity - Future | ₹-0.35 Cr | 0.02% |
| ITC Hotels Ltd | Equity | ₹0.25 Cr | 0.01% |
| Future on Canara Bank | Equity - Future | ₹-0.13 Cr | 0.01% |
| Canara Bank | Equity | ₹0.13 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
37.86%
Mid Cap Stocks
4.29%
Small Cap Stocks
8.41%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹352.12 Cr | 20.11% |
| Consumer Cyclical | ₹134.37 Cr | 7.67% |
| Basic Materials | ₹131.9 Cr | 7.53% |
| Technology | ₹121.17 Cr | 6.92% |
| Industrials | ₹109.69 Cr | 6.26% |
| Healthcare | ₹91.84 Cr | 5.25% |
| Energy | ₹89.67 Cr | 5.12% |
| Consumer Defensive | ₹52.03 Cr | 2.97% |
| Communication Services | ₹49.66 Cr | 2.84% |
| Utilities | ₹43.81 Cr | 2.50% |
| Real Estate | ₹17.97 Cr | 1.03% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
8.02%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.61
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.10
Higher the better
Fund Managers
MJ
Mahendra Jajoo
Since August 2022
HB
Harshad Borawake
Since August 2022
Additional Scheme Detailsas of 31st January 2025
ISIN INF769K01IN6 | Expense Ratio 0.68% | Exit Load 1.00% | Fund Size ₹1,751 Cr | Age 2 years 6 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% | ₹1011.12 Cr | -7.6% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1011.12 Cr | -6.4% |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1274.13 Cr | 0.1% |
| Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1274.13 Cr | -1.4% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.8% | 0.0% | ₹2193.01 Cr | 8.5% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 0.0% | ₹2193.01 Cr | 7.1% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹880.38 Cr | 2.6% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹880.38 Cr | 4.3% |
| Mirae Asset Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹1750.90 Cr | 7.1% |
| Mirae Asset Balanced Advantage Fund Regular Growth Moderately High risk | 2.1% | 1.0% | ₹1750.90 Cr | 5.6% |
About the AMC
Mirae Asset India Mutual Fund
Total AUM
₹1,97,449 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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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-Feb-2025, is ₹13.46.
What is the portfolio composition of Mirae Asset Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 50.61% in equities, 26.46% in bonds, and 22.92% 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 (21-Feb-25)
₹13.46-0.33%1D
Returns (Since Inception)
12.40%
Rated ★4.3+ on
Fund Overview
Fund Size
₹1,751 Cr
Expense Ratio
0.68%
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, 6 months and 10 days, having been launched on 12-Aug-22.
As of 21-Feb-25, it has a Net Asset Value (NAV) of ₹13.46, Assets Under Management (AUM) of 1750.90 Crores, and an expense ratio of 0.68%.
As of 21-Feb-25, it has a Net Asset Value (NAV) of ₹13.46, Assets Under Management (AUM) of 1750.90 Crores, and an expense ratio of 0.68%.
- Mirae Asset Balanced Advantage Fund Direct Growth has given a CAGR return of 12.40% since inception.
- The fund's asset allocation comprises around 50.61% in equities, 26.46% in debts, and 22.92% 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
+7.09%
+4.53% (Cat Avg.)
Since Inception
+12.40%
— (Cat Avg.)
Portfolio Summaryas of 31st January 2025
| Equity | ₹886.15 Cr | 50.61% |
| Debt | ₹463.37 Cr | 26.46% |
| Others | ₹401.39 Cr | 22.92% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹308.09 Cr | 17.60% |
| HDFC Bank Ltd | Equity | ₹85.18 Cr | 4.87% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹76.02 Cr | 4.34% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹71.18 Cr | 4.07% |
| Treps | Cash - Repurchase Agreement | ₹67.49 Cr | 3.85% |
| ICICI Bank Ltd | Equity | ₹47.88 Cr | 2.73% |
| Bharti Airtel Ltd | Equity | ₹44.62 Cr | 2.55% |
| Infosys Ltd | Equity | ₹41.36 Cr | 2.36% |
| State Bank of India | Equity | ₹40.92 Cr | 2.34% |
| Reliance Industries Ltd | Equity | ₹36.52 Cr | 2.09% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹35.26 Cr | 2.01% |
| Tata Consultancy Services Ltd | Equity | ₹29.99 Cr | 1.71% |
| Axis Bank Ltd | Equity | ₹29.78 Cr | 1.70% |
| Mahindra & Mahindra Ltd | Equity | ₹29.25 Cr | 1.67% |
| Larsen & Toubro Ltd | Equity | ₹28.4 Cr | 1.62% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹26.95 Cr | 1.54% |
| Coal India Ltd | Equity | ₹26.46 Cr | 1.51% |
| NTPC Ltd | Equity | ₹25.94 Cr | 1.48% |
| Net Receivables / (Payables) | Cash | ₹25.82 Cr | 1.47% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹25.06 Cr | 1.43% |
| 6.54% Govt Stock 2032 | Bond - Gov't/Treasury | ₹24.72 Cr | 1.41% |
| Kotak Mahindra Bank Ltd | Equity | ₹23.41 Cr | 1.34% |
| Ambuja Cements Ltd | Equity | ₹22.17 Cr | 1.27% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹20.96 Cr | 1.20% |
| Shriram Finance Ltd | Equity | ₹20.73 Cr | 1.18% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹20.09 Cr | 1.15% |
| Tata Motors Ltd | Equity | ₹18.63 Cr | 1.06% |
| Hindalco Industries Ltd | Equity | ₹18.11 Cr | 1.03% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹17.98 Cr | 1.03% |
| TD Power Systems Ltd | Equity | ₹17.47 Cr | 1.00% |
| Aurobindo Pharma Ltd | Equity | ₹16.68 Cr | 0.95% |
| Bajaj Finance Ltd | Equity | ₹16.46 Cr | 0.94% |
| Future on Coal India Ltd | Equity - Future | ₹-15.68 Cr | 0.90% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.96 Cr | 0.85% |
| TVS Motor Co Ltd | Equity | ₹14.79 Cr | 0.84% |
| ITC Ltd | Equity | ₹14.71 Cr | 0.84% |
| SBI Life Insurance Co Ltd | Equity | ₹14.41 Cr | 0.82% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.13 Cr | 0.81% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-13.61 Cr | 0.78% |
| Power Finance Corp Ltd | Equity | ₹13.6 Cr | 0.78% |
| Bharat Petroleum Corp Ltd | Equity | ₹13.54 Cr | 0.77% |
| Multi Commodity Exchange of India Ltd | Equity | ₹13.38 Cr | 0.76% |
| Zomato Ltd | Equity | ₹13.35 Cr | 0.76% |
| Bharat Electronics Ltd | Equity | ₹13.25 Cr | 0.76% |
| Oil & Natural Gas Corp Ltd | Equity | ₹13.16 Cr | 0.75% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹12.66 Cr | 0.72% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-12.57 Cr | 0.72% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-12.46 Cr | 0.71% |
| Zensar Technologies Ltd | Equity | ₹12.19 Cr | 0.70% |
| Hindustan Unilever Ltd | Equity | ₹12.16 Cr | 0.69% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-12.15 Cr | 0.69% |
| Brigade Enterprises Ltd | Equity | ₹12.07 Cr | 0.69% |
| Tata Steel Ltd | Equity | ₹11.9 Cr | 0.68% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹11.86 Cr | 0.68% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-11.68 Cr | 0.67% |
| Cipla Ltd | Equity | ₹11.05 Cr | 0.63% |
| Vedanta Ltd | Equity | ₹10.57 Cr | 0.60% |
| LTIMindtree Ltd | Equity | ₹10.51 Cr | 0.60% |
| LIC Housing Finance Ltd | Equity | ₹10.51 Cr | 0.60% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹10.31 Cr | 0.59% |
| International Gemmological Institute (India) Ltd | Equity | ₹10.26 Cr | 0.59% |
| Ncd Small Industries Development Bank Of India | Bond - Corporate Bond | ₹10.01 Cr | 0.57% |
| Rec Limited | Bond - Corporate Bond | ₹10 Cr | 0.57% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹9.98 Cr | 0.57% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹9.93 Cr | 0.57% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹9.77 Cr | 0.56% |
| Jindal Steel & Power Ltd | Equity | ₹9.62 Cr | 0.55% |
| Mahanagar Telephone Nigam Limited | Bond - Corporate Bond | ₹9.49 Cr | 0.54% |
| InterGlobe Aviation Ltd | Equity | ₹9.39 Cr | 0.54% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹9.06 Cr | 0.52% |
| Rec Limited | Bond - Corporate Bond | ₹9.01 Cr | 0.51% |
| Titan Co Ltd | Equity | ₹8.49 Cr | 0.48% |
| Future on JSW Steel Ltd | Equity - Future | ₹-8.46 Cr | 0.48% |
| Havells India Ltd | Equity | ₹8.45 Cr | 0.48% |
| JSW Steel Ltd | Equity | ₹8.42 Cr | 0.48% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹8.39 Cr | 0.48% |
| Varun Beverages Ltd | Equity | ₹8.29 Cr | 0.47% |
| OneSource Specialty Pharma Ltd | Equity | ₹8.28 Cr | 0.47% |
| Godrej Consumer Products Ltd | Equity | ₹8.25 Cr | 0.47% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-8.21 Cr | 0.47% |
| Maruti Suzuki India Ltd | Equity | ₹8.21 Cr | 0.47% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-8.14 Cr | 0.46% |
| Future on Jindal Steel & Power Ltd | Equity - Future | ₹-8.13 Cr | 0.46% |
| Century Plyboards (India) Ltd | Equity | ₹8.1 Cr | 0.46% |
| Future on Wipro Ltd | Equity - Future | ₹-7.98 Cr | 0.46% |
| Wipro Ltd | Equity | ₹7.95 Cr | 0.45% |
| State Bank Of India | Bond - Corporate Bond | ₹7.92 Cr | 0.45% |
| Craftsman Automation Ltd | Equity | ₹7.82 Cr | 0.45% |
| Future on NTPC Ltd | Equity - Future | ₹-7.76 Cr | 0.44% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-7.67 Cr | 0.44% |
| Steel Authority Of India Ltd | Equity | ₹7.65 Cr | 0.44% |
| Future on State Bank of India | Equity - Future | ₹-7.56 Cr | 0.43% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹7.52 Cr | 0.43% |
| Future on PI Industries Ltd | Equity - Future | ₹-7.43 Cr | 0.42% |
| PI Industries Ltd | Equity | ₹7.4 Cr | 0.42% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-7.28 Cr | 0.42% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-7.15 Cr | 0.41% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-7.11 Cr | 0.41% |
| HCL Technologies Ltd | Equity | ₹7.07 Cr | 0.40% |
| SRF Ltd | Equity | ₹6.82 Cr | 0.39% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-6.64 Cr | 0.38% |
| Grasim Industries Ltd | Equity | ₹6.64 Cr | 0.38% |
| Mahanagar Gas Ltd | Equity | ₹6.62 Cr | 0.38% |
| Future on Tata Motors Ltd | Equity - Future | ₹-6.57 Cr | 0.38% |
| HDFC Asset Management Co Ltd | Equity | ₹6.54 Cr | 0.37% |
| Torrent Pharmaceuticals Ltd | Equity | ₹6.52 Cr | 0.37% |
| GAIL (India) Ltd | Equity | ₹6.5 Cr | 0.37% |
| KFin Technologies Ltd | Equity | ₹6.38 Cr | 0.36% |
| Future on Biocon Ltd | Equity - Future | ₹-6.29 Cr | 0.36% |
| Biocon Ltd | Equity | ₹6.25 Cr | 0.36% |
| JK Cement Ltd | Equity | ₹6.19 Cr | 0.35% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-6.15 Cr | 0.35% |
| Bank of Baroda | Equity | ₹6.15 Cr | 0.35% |
| Future on SBI Life Insurance Co Ltd | Equity - Future | ₹-6.14 Cr | 0.35% |
| Go Fashion (India) Ltd | Equity | ₹6.04 Cr | 0.35% |
| Future on Tata Steel Ltd | Equity - Future | ₹-5.95 Cr | 0.34% |
| Future on DLF Ltd | Equity - Future | ₹-5.94 Cr | 0.34% |
| DLF Ltd | Equity | ₹5.9 Cr | 0.34% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-5.78 Cr | 0.33% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-5.76 Cr | 0.33% |
| Tech Mahindra Ltd | Equity | ₹5.73 Cr | 0.33% |
| Future on Cipla Ltd | Equity - Future | ₹-5.6 Cr | 0.32% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-5.51 Cr | 0.31% |
| Krishna Institute of Medical Sciences Ltd | Equity | ₹5.4 Cr | 0.31% |
| IIFL Finance Ltd | Equity | ₹5.3 Cr | 0.30% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-5.21 Cr | 0.30% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-5.21 Cr | 0.30% |
| Future on Bharat Petroleum Corp Ltd | Equity - Future | ₹-5.2 Cr | 0.30% |
| Go Digit General Insurance Ltd | Equity | ₹5.19 Cr | 0.30% |
| Arvind Ltd | Equity | ₹5.11 Cr | 0.29% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹5.04 Cr | 0.29% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹5.04 Cr | 0.29% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹5 Cr | 0.29% |
| TBO Tek Ltd | Equity | ₹4.94 Cr | 0.28% |
| Adani Wilmar Ltd | Equity | ₹4.8 Cr | 0.27% |
| Page Industries Ltd | Equity | ₹4.62 Cr | 0.26% |
| Titan Company Limited | Equity - Future | ₹-4.6 Cr | 0.26% |
| Future on Voltas Ltd | Equity - Future | ₹-4.56 Cr | 0.26% |
| Voltas Ltd | Equity | ₹4.54 Cr | 0.26% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-4.53 Cr | 0.26% |
| Future on Axis Bank Ltd | Equity - Future | ₹-4.52 Cr | 0.26% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-4.31 Cr | 0.25% |
| Future on Escorts Kubota Ltd | Equity - Future | ₹-4.21 Cr | 0.24% |
| Escorts Kubota Ltd | Equity | ₹4.19 Cr | 0.24% |
| General Insurance Corp of India | Equity | ₹3.73 Cr | 0.21% |
| Mankind Pharma Ltd | Equity | ₹3.45 Cr | 0.20% |
| Greenply Industries Ltd | Equity | ₹3.43 Cr | 0.20% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹3.26 Cr | 0.19% |
| ABB India Ltd | Equity | ₹3.23 Cr | 0.18% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-3.19 Cr | 0.18% |
| The Federal Bank Ltd | Equity | ₹3.18 Cr | 0.18% |
| Gujarat State Petronet Ltd | Equity | ₹3.03 Cr | 0.17% |
| Sai Life Sciences Ltd | Equity | ₹3 Cr | 0.17% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹3 Cr | 0.17% |
| Future on Divi's Laboratories Ltd | Equity - Future | ₹-2.92 Cr | 0.17% |
| Divi's Laboratories Ltd | Equity | ₹2.9 Cr | 0.17% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-2.79 Cr | 0.16% |
| IndusInd Bank Ltd | Equity | ₹2.78 Cr | 0.16% |
| Sona BLW Precision Forgings Ltd | Equity | ₹2.66 Cr | 0.15% |
| Future on Vedanta Ltd | Equity - Future | ₹-2.55 Cr | 0.15% |
| Future on United Spirits Ltd | Equity - Future | ₹-2.51 Cr | 0.14% |
| United Spirits Ltd | Equity | ₹2.49 Cr | 0.14% |
| Prince Pipes And Fittings Ltd Ordinary Shares | Equity | ₹2.37 Cr | 0.14% |
| Gateway Distriparks Ltd | Equity | ₹2.28 Cr | 0.13% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹2.19 Cr | 0.13% |
| Schaeffler India Ltd | Equity | ₹1.95 Cr | 0.11% |
| The Indian Hotels Company Limited | Equity - Future | ₹-1.77 Cr | 0.10% |
| Indian Hotels Co Ltd | Equity | ₹1.76 Cr | 0.10% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-1.74 Cr | 0.10% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-1.73 Cr | 0.10% |
| Eicher Motors Ltd | Equity | ₹1.73 Cr | 0.10% |
| Tata Power Co Ltd | Equity | ₹1.72 Cr | 0.10% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-1.64 Cr | 0.09% |
| Future on Lupin Ltd | Equity - Future | ₹-1.6 Cr | 0.09% |
| Lupin Ltd | Equity | ₹1.59 Cr | 0.09% |
| Future on Bank of Baroda | Equity - Future | ₹-1.57 Cr | 0.09% |
| Vishal Mega Mart Ltd | Equity | ₹1.51 Cr | 0.09% |
| Utkarsh Small Finance Bank Ltd | Equity | ₹1.51 Cr | 0.09% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-1.5 Cr | 0.09% |
| Acc Limited | Equity - Future | ₹-1.45 Cr | 0.08% |
| ACC Ltd | Equity | ₹1.45 Cr | 0.08% |
| REC Ltd | Equity | ₹1.35 Cr | 0.08% |
| Avenue Supermarts Ltd | Equity | ₹1.33 Cr | 0.08% |
| Container Corporation of India Ltd | Equity | ₹0.94 Cr | 0.05% |
| Future on Container Corporation of India Ltd | Equity - Future | ₹-0.93 Cr | 0.05% |
| Future on HDFC Asset Management Co Ltd | Equity - Future | ₹-0.35 Cr | 0.02% |
| ITC Hotels Ltd | Equity | ₹0.25 Cr | 0.01% |
| Future on Canara Bank | Equity - Future | ₹-0.13 Cr | 0.01% |
| Canara Bank | Equity | ₹0.13 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
37.86%
Mid Cap Stocks
4.29%
Small Cap Stocks
8.41%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹352.12 Cr | 20.11% |
| Consumer Cyclical | ₹134.37 Cr | 7.67% |
| Basic Materials | ₹131.9 Cr | 7.53% |
| Technology | ₹121.17 Cr | 6.92% |
| Industrials | ₹109.69 Cr | 6.26% |
| Healthcare | ₹91.84 Cr | 5.25% |
| Energy | ₹89.67 Cr | 5.12% |
| Consumer Defensive | ₹52.03 Cr | 2.97% |
| Communication Services | ₹49.66 Cr | 2.84% |
| Utilities | ₹43.81 Cr | 2.50% |
| Real Estate | ₹17.97 Cr | 1.03% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
8.02%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.61
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.10
Higher the better
Fund Managers
MJ
Mahendra Jajoo
Since August 2022
HB
Harshad Borawake
Since August 2022
Additional Scheme Detailsas of 31st January 2025
ISIN INF769K01IN6 | Expense Ratio 0.68% | Exit Load 1.00% | Fund Size ₹1,751 Cr | Age 2 years 6 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% | ₹1011.12 Cr | -7.6% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1011.12 Cr | -6.4% |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1274.13 Cr | 0.1% |
| Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1274.13 Cr | -1.4% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.8% | 0.0% | ₹2193.01 Cr | 8.5% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 0.0% | ₹2193.01 Cr | 7.1% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹880.38 Cr | 2.6% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹880.38 Cr | 4.3% |
| Mirae Asset Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹1750.90 Cr | 7.1% |
| Mirae Asset Balanced Advantage Fund Regular Growth Moderately High risk | 2.1% | 1.0% | ₹1750.90 Cr | 5.6% |
About the AMC
Mirae Asset India Mutual Fund
Total AUM
₹1,97,449 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-Feb-2025, is ₹13.46.
What is the portfolio composition of Mirae Asset Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 50.61% in equities, 26.46% in bonds, and 22.92% 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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