Mirae Asset Balanced Advantage Fund – Dir Growth

500
Min SIP
5,000
Min Lumpsum
0.69 %
Expense Ratio
Rating
1,492
Fund Size (in Cr)
2 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 04 March 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 25.5% - - 16.6%
Category Average 24.3% 14.6% 16.6% -

Scheme Allocation

By Holding
By Sector
By Asset
4.36%
4.17%
2.79%
Others
82.68%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 4.36%
ICICI Bank Banks Equity 4.17%
Reliance Industr Refineries Equity 3.03%
St Bk of India Banks Equity 2.97%
Infosys IT - Software Equity 2.79%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.25%
Axis Bank Banks Equity 1.77%
ITC Tobacco Products Equity 1.51%
Tata Motors Automobile Equity 1.48%
Maruti Suzuki Automobile Equity 1.4%
Sun Pharma.Inds. Pharmaceuticals Equity 1.4%
Ambuja Cements Cement Equity 1.39%
Coal India Mining & Mineral products Equity 1.38%
NTPC Power Generation & Distribution Equity 1.32%
Bharti Airtel Telecomm-Service Equity 1.28%
TCS IT - Software Equity 1.23%
Hind. Unilever FMCG Equity 1.16%
HCL Technologies IT - Software Equity 1.01%
Aurobindo Pharma Pharmaceuticals Equity 1.01%
Tata Steel Steel Equity 1%
Kotak Mah. Bank Banks Equity 0.98%
TD Power Systems Capital Goods - Electrical Equipment Equity 0.96%
Power Fin.Corpn. Finance Equity 0.96%
Shriram Finance Finance Equity 0.94%
Hindalco Inds. Non Ferrous Metals Equity 0.86%
Bharat Electron Aerospace & Defence Equity 0.85%
Fusion Microfin. Finance Equity 0.83%
Torrent Pharma. Pharmaceuticals Equity 0.83%
IndusInd Bank Banks Equity 0.82%
SBI Life Insuran Insurance Equity 0.81%
Electronics Mart Retail Equity 0.76%
Titan Company Diamond, Gems and Jewellery Equity 0.7%
Samvardh. Mothe. Auto Ancillaries Equity 0.69%
Yatra Online E-Commerce/App based Aggregator Equity 0.67%
B P C L Refineries Equity 0.62%
Tata Technolog. IT - Software Equity 0.6%
S A I L Steel Equity 0.58%
IIFL Finance Finance Equity 0.54%
LIC Housing Fin. Finance Equity 0.53%
Federal Bank Banks Equity 0.52%
Jindal Steel Steel Equity 0.52%
Craftsman Auto Auto Ancillaries Equity 0.5%
Zomato Ltd E-Commerce/App based Aggregator Equity 0.49%
P I Industries Agro Chemicals Equity 0.48%
M & M Automobile Equity 0.47%
Brigade Enterpr. Realty Equity 0.46%
MTAR Technologie Aerospace & Defence Equity 0.45%
Go Fashion (I) Textiles Equity 0.44%
DLF Realty Equity 0.43%
Krishna Institu. Healthcare Equity 0.43%
Interglobe Aviat Air Transport Service Equity 0.43%
Chola Financial Finance Equity 0.43%
JSW Steel Steel Equity 0.41%
LTIMindtree IT - Software Equity 0.41%
Havells India Consumer Durables Equity 0.4%
Deepak Nitrite Chemicals Equity 0.37%
J K Cements Cement Equity 0.37%
Bandhan Bank Banks Equity 0.36%
TVS Motor Co. Automobile Equity 0.36%
Kajaria Ceramics Ceramic Products Equity 0.34%
SBI Cards Finance Equity 0.33%
Westlife Food Quick Service Restaurant Equity 0.33%
Godrej Consumer FMCG Equity 0.32%
Max Financial Finance Equity 0.31%
Tech Mahindra IT - Software Equity 0.31%
Biocon Pharmaceuticals Equity 0.31%
Prince Pipes Plastic products Equity 0.3%
Avalon Tech Consumer Durables Equity 0.3%
Sona BLW Precis. Auto Ancillaries Equity 0.29%
KFin Technolog. Miscellaneous Equity 0.26%
Dr Reddy's Labs Pharmaceuticals Equity 0.26%
O N G C Crude Oil & Natural Gas Equity 0.25%
Dabur India FMCG Equity 0.25%
J B Chem & Pharm Pharmaceuticals Equity 0.25%
Balrampur Chini Sugar Equity 0.25%
Cholaman.Inv.&Fn Finance Equity 0.24%
Gateway Distri Logistics Equity 0.23%
Eicher Motors Automobile Equity 0.23%
Indiamart Inter. E-Commerce/App based Aggregator Equity 0.22%
Greenply Industr Plywood Boards/Laminates Equity 0.2%
Crompton Gr. Con Consumer Durables Equity 0.19%
Zee Entertainmen Entertainment Equity 0.18%
Marico Edible Oil Equity 0.17%
Sun TV Network Entertainment Equity 0.14%
Ideaforge Tech Aerospace & Defence Equity 0.14%
United Spirits Alcoholic Beverages Equity 0.13%
ACC Cement Equity 0.12%
Nestle India FMCG Equity 0.12%
Emami FMCG Equity 0.12%
Adani Ports Marine Port & Services Equity 0.11%
RBL Bank Banks Equity 0.1%
Ashok Leyland Automobile Equity 0.09%
Container Corpn. Logistics Equity 0.07%
Bajaj Finserv Finance Equity 0.06%
Canara Bank Banks Equity 0.01%
Page Industries Readymade Garments/ Apparells Equity 0.01%
SRF Chemicals Equity 0%
Debt
30.63%
Banks
16.06%
IT-Software
5.75%
Finance
4.86%
Pharmaceuticals & Biotech
4.06%
Others
38.64%
View all Sectors
Sectors Asset
Debt 30.63%
Banks 16.06%
IT-Software 5.75%
Finance 4.86%
Pharmaceuticals & Biotech 4.06%
Automobiles 3.94%
Petroleum Products 3.65%
Diversified FMCG 2.67%
Ferrous Metals 2.51%
Construction 2.25%
Retailing 1.91%
Cement & Cement Products 1.88%
Consumer Durables 1.83%
Auto Components 1.48%
Aerospace & Defense 1.44%
Consumable Fuels 1.38%
Power 1.32%
Telecom-Services 1.28%
Electrical Equipments 1.26%
Insurance 1.12%
Leisure Services 1%
Realty 0.89%
Non-Ferrous Metals 0.86%
Transport Services 0.73%
Personal Products 0.69%
Cash & Others 0.66%
IT-Services 0.6%
Fertilisers & Agrochemica 0.48%
Healthcare Services 0.43%
Agricultural Food & other 0.42%
Chemicals & Petrochemical 0.37%
Entertainment 0.32%
Industrial Products 0.3%
Capital Markets 0.26%
Oil 0.25%
Beverages 0.13%
Food Products 0.12%
Transport Infrastructure 0.11%
Agricultural, Commercial 0.09%
Textiles & Apparels 0.01%
Equity
68.71%
Corporate Debentures
12.16%
Govt Securities / Sovereign
11.65%
Reverse Repos
6.82%
Net Curr Ass/Net Receivables
0.66%

Advance Ratio

5.21
Alpha
1.94
SD
0.51
Beta
1.31
Sharpe

Exit Load

Exit Load 15% of the units allotted (including Switch-in/STP - in on or before completion of 365 days from the date of allotment of units: Nil. 1.00% - If redeemed within 1 year (365 days) from the date of allotment. Nil - If redeemed after 1 Year (365 days) from the date of allotment.

Fund Objective

The investment objective of the scheme is to capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives. However, there is no assurance or guarantee that the investment objective of the scheme will be realized.

Fund Managers

Harshad Borawake

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Mirae Asset Mutual Fund
AUM:
1,49,503 Cr
Address:
Unit 606,6th Flr,Windsor Off. CST Road,Kalina, Santacruz(E),Mumbai-400098
Contact:
022-67800300
Email ID:
customercare@miraeasset.com

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Frequently Asked Questions

How to invest in Mirae Asset Balanced Advantage Fund – Dir Growth ?

You can invest in Mirae Asset Balanced Advantage Fund – Dir Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Mirae Asset Balanced Advantage Fund – Dir Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Mirae Asset Balanced Advantage Fund – Dir Growth ?

The NAV of Mirae Asset Balanced Advantage Fund – Dir Growth is ₹12.7 as of 04 March 2024.

How to redeem Mirae Asset Balanced Advantage Fund – Dir Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Mirae Asset Balanced Advantage Fund – Dir Growth?

The minimum SIP amount of Mirae Asset Balanced Advantage Fund – Dir Growth is ₹500

What are the top sectors Mirae Asset Balanced Advantage Fund – Dir Growth has invested in?

The top sectors Mirae Asset Balanced Advantage Fund – Dir Growth has invested in are
  1. Debt - 30.63%
  2. Banks - 16.06%
  3. IT-Software - 5.75%
  4. Finance - 4.86%
  5. Pharmaceuticals & Biotech - 4.06%

Can I make investments in both the SIP and Lump Sum schemes of Mirae Asset Balanced Advantage Fund – Dir Growth?

Yes, You can select both SIP or Lumpsum investment of Mirae Asset Balanced Advantage Fund – Dir Growth based on your investment objective and risk tolerance.

How much returns have Mirae Asset Balanced Advantage Fund – Dir Growth generated ?

The Mirae Asset Balanced Advantage Fund – Dir Growth has delivered 16.6% since inception

What is the expense ratio of Mirae Asset Balanced Advantage Fund – Dir Growth ?

The expense ratio of Mirae Asset Balanced Advantage Fund – Dir Growth is 0.69 % as of 04 March 2024.

What is the AUM of Mirae Asset Balanced Advantage Fund – Dir Growth?

The AUM of Mirae Asset Balanced Advantage Fund – Dir Growth is ₹1,49,503 Cr as of 04 March 2024

What are the top stock holdings of Mirae Asset Balanced Advantage Fund – Dir Growth?

The top stock holdings of Mirae Asset Balanced Advantage Fund – Dir Growth are
  1. HDFC Bank - 4.36%
  2. ICICI Bank - 4.17%
  3. Reliance Industr - 3.03%
  4. St Bk of India - 2.97%
  5. Infosys - 2.79%

How can I redeem my investments in Mirae Asset Balanced Advantage Fund – Dir Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Mirae Asset Balanced Advantage Fund – Dir Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now