Mirae Asset Balanced Advantage Fund

AMC: MIRAEASSET Moderate Risk Hybrid Dynamic Asset Allocation

📊 Quick Summary Of This Page

Mirae Asset Balanced Advantage Fund is a mutual fund managed by , offering diversified exposure across equities with holdings spanning key sectors and companies. Analyze its portfolio structure, sector allocation, NAV trend and SIP performance to understand its investment strategy and risk profile.
₹1,000
Minimum SIP
1.74%
Expense Ratio
Mr. Harshad Borawake
Fund Manager
IDCW Payout
Plan Type
21 Jul 2022
Launch Date
1%
15% of the units allotted (including Switch-in/STP-in) on or before completion of 180 days from the date of allotment of units: Nil. Any redemption in excess of such limits in the first 180 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO): -If redeemed within 6 months (180 days) from the date of allotment: 1% -If redeemed after 6 months (180 days) from the date of allotment: NIL
Exit Load
NAV Momentum
Fund Analysis

Mirae Asset Balanced Advantage Fund does not yet have a 5-year performance history.

The average return for Dynamic Asset Allocation funds is 51.19% .

Holdings Insights

The fund currently owns more than 0 stocks.

The top 10 holdings account for 0.00% of total assets.

Based on portfolio allocation, this fund appears well diversified compared with peers.

Category Comparison
Metric Fund Category Avg
1 Year Return 1.18% 1.03%
2 Year Return 19.30% 10.99%
3 Year Return N/A 29.11%
4 Year Return N/A 41.83%
5 Year Return N/A 51.19%
6 Year Return N/A 76.99%
7 Year Return N/A 95.33%
Expense Ratio 1.74% -
NAV History
Fund Information

AMC: MIRAEASSET

Category: Hybrid • Dynamic Asset Allocation

Launch Date: 21 Jul 2022

Fund Manager: Mr. Harshad Borawake

Minimum Purchase: ₹5,000

Exit Load: 15% of the units allotted (including Switch-in/STP-in) on or before completion of 180 days from the date of allotment of units: Nil. Any redemption in excess of such limits in the first 180 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO): -If redeemed within 6 months (180 days) from the date of allotment: 1% -If redeemed after 6 months (180 days) from the date of allotment: NIL

Lock-in: 0

Risk: Moderate Risk

About This Fund

Mirae Asset Balanced Advantage Fund is managed by MIRAEASSET and belongs to the Hybrid category.

Investors often evaluate this fund using metrics such as portfolio holdings, diversification, expense ratio, risk profile and long-term NAV performance.

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Frequently Asked Questions

Mirae Asset Balanced Advantage Fund is a mutual fund managed by . It invests across equities and provides exposure to diversified companies and sectors.

SIP suitability of Mirae Asset Balanced Advantage Fund depends on its historical NAV performance, volatility, portfolio quality, expense ratio and long-term consistency.

Mirae Asset Balanced Advantage Fund holds companies such as and other stocks based on its latest portfolio disclosure.

is currently one of the highest allocated sectors in Mirae Asset Balanced Advantage Fund, based on the latest portfolio data.

Mirae Asset Balanced Advantage Fund currently holds approximately stocks across multiple sectors and market caps.

The expense ratio of Mirae Asset Balanced Advantage Fund is , which represents the annual cost charged for managing the fund.

Mirae Asset Balanced Advantage Fund manages assets worth approximately , representing the total investor capital under management.

Mirae Asset Balanced Advantage Fund carries a risk profile based on its portfolio composition, volatility and market exposure.

Mirae Asset Balanced Advantage Fund performance can be evaluated using historical NAV trends, SIP returns and long-term return consistency.

Yes, Mirae Asset Balanced Advantage Fund can be compared with other funds based on returns, holdings, overlap, sector allocation and risk metrics.

Mirae Asset Balanced Advantage Fund is evaluated against , which represents its benchmark index for performance comparison.

is the Asset Management Company responsible for managing Mirae Asset Balanced Advantage Fund and making investment decisions.

Yes, Mirae Asset Balanced Advantage Fund provides company-wise exposure showing which stocks the fund is invested in and their weightage.

Mirae Asset Balanced Advantage Fund may be suitable for long-term investors depending on risk tolerance, investment goals and portfolio diversification needs.

The SIP calculator uses historical NAV data of Mirae Asset Balanced Advantage Fund to estimate returns and wealth creation over different time periods.