Mirae Asset Balanced Advantage Fund – Dir Growth

₹ 500
Min SIP
₹ 5,000
Min Lumpsum
0.68 %
Expense Ratio
Rating
1,570
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 17 May 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 21.5% - - 15.5%
Category Average 21.6% 15.7% 15.7% -

Scheme Allocation

By Holding
By Sector
By Asset
4.82%
3.24%
2.27%
Others
84%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 4.82%
ICICI Bank Banks Equity 3.24%
St Bk of India Banks Equity 2.99%
Reliance Industr Refineries Equity 2.68%
Infosys IT - Software Equity 2.27%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.2%
Axis Bank Banks Equity 1.91%
Coal India Mining & Mineral products Equity 1.72%
Bharti Airtel Telecomm-Service Equity 1.66%
Ambuja Cements Cement Equity 1.46%
ITC Tobacco Products Equity 1.39%
TCS IT - Software Equity 1.36%
NTPC Power Generation & Distribution Equity 1.3%
Kotak Mah. Bank Banks Equity 1.19%
Hindalco Inds. Non Ferrous Metals Equity 1.14%
Tata Steel Steel Equity 1.1%
B P C L Refineries Equity 1.1%
Tata Motors Automobile Equity 1.08%
Shriram Finance Finance Equity 1.07%
TD Power Systems Capital Goods - Electrical Equipment Equity 1.01%
Bharat Electron Aerospace & Defence Equity 1%
Hind. Unilever FMCG Equity 0.99%
Aurobindo Pharma Pharmaceuticals Equity 0.96%
Power Fin.Corpn. Finance Equity 0.91%
LIC Housing Fin. Finance Equity 0.84%
Samvardh. Mothe. Auto Ancillaries Equity 0.83%
Torrent Pharma. Pharmaceuticals Equity 0.83%
SBI Life Insuran Insurance Equity 0.79%
S A I L Steel Equity 0.74%
Sun Pharma.Inds. Pharmaceuticals Equity 0.72%
IndusInd Bank Banks Equity 0.68%
Fusion Microfin. Finance Equity 0.66%
Titan Company Diamond, Gems and Jewellery Equity 0.65%
Zomato Ltd E-Commerce/App based Aggregator Equity 0.65%
Electronics Mart Retail Equity 0.62%
Jindal Steel Steel Equity 0.61%
Yatra Online E-Commerce/App based Aggregator Equity 0.53%
O N G C Crude Oil & Natural Gas Equity 0.51%
P I Industries Agro Chemicals Equity 0.49%
Havells India Consumer Durables Equity 0.48%
Craftsman Auto Auto Ancillaries Equity 0.48%
Brigade Enterpr. Realty Equity 0.48%
JSW Steel Steel Equity 0.46%
DLF Realty Equity 0.45%
HCL Technologies IT - Software Equity 0.45%
Interglobe Aviat Air Transport Service Equity 0.44%
LTIMindtree IT - Software Equity 0.43%
Bajaj Finance Finance Equity 0.42%
Go Fashion (I) Textiles Equity 0.42%
MTAR Technologie Aerospace & Defence Equity 0.39%
Federal Bank Banks Equity 0.38%
Godrej Consumer FMCG Equity 0.38%
Deepak Nitrite Chemicals Equity 0.37%
Maruti Suzuki Automobile Equity 0.36%
Eicher Motors Automobile Equity 0.35%
TVS Motor Co. Automobile Equity 0.35%
IIFL Finance Finance Equity 0.35%
Max Financial Finance Equity 0.34%
Biocon Pharmaceuticals Equity 0.33%
J K Cements Cement Equity 0.33%
Dabur India FMCG Equity 0.32%
Cipla Pharmaceuticals Equity 0.29%
Avalon Tech Consumer Durables Equity 0.29%
Chola Financial Finance Equity 0.28%
Kajaria Ceramics Ceramic Products Equity 0.28%
KFin Technolog. Financial Services Equity 0.28%
Bandhan Bank Banks Equity 0.28%
Tech Mahindra IT - Software Equity 0.28%
Prince Pipes Plastic products Equity 0.26%
Krishna Institu. Healthcare Equity 0.26%
Balrampur Chini Sugar Equity 0.23%
Sona BLW Precis. Auto Ancillaries Equity 0.23%
Page Industries Readymade Garments/ Apparells Equity 0.23%
Cholaman.Inv.&Fn Finance Equity 0.23%
J B Chem & Pharm Pharmaceuticals Equity 0.22%
I D F C Finance Equity 0.21%
Westlife Food Quick Service Restaurant Equity 0.21%
Gateway Distri Logistics Equity 0.2%
Glenmark Pharma. Pharmaceuticals Equity 0.2%
Greenply Industr Plywood Boards/Laminates Equity 0.2%
Crompton Gr. Con Consumer Durables Equity 0.19%
Bharti Hexacom Telecomm-Service Equity 0.18%
Zee Entertainmen Entertainment Equity 0.15%
JNK Capital Goods-Non Electrical Equipment Equity 0.14%
Sun TV Network Entertainment Equity 0.13%
United Spirits Alcoholic Beverages Equity 0.13%
ACC Cement Equity 0.12%
Adani Ports Marine Port & Services Equity 0.11%
SRF Chemicals Equity 0.1%
Cera Sanitary. Ceramic Products Equity 0.1%
RBL Bank Banks Equity 0.09%
Container Corpn. Logistics Equity 0.08%
Dixon Technolog. Consumer Durables Equity 0.03%
Canara Bank Banks Equity 0.01%
Debt
32.47%
Banks
16.33%
IT-Software
5.59%
Finance
4.23%
Automobiles
3.68%
Others
37.7%
View all Sectors
Sectors Asset
Debt 32.47%
Banks 16.33%
IT-Software 5.59%
Finance 4.23%
Automobiles 3.68%
Pharmaceuticals & Biotech 3.52%
Petroleum Products 3.5%
Diversified FMCG 2.56%
Ferrous Metals 2.51%
Construction 2.21%
Cement & Cement Products 1.98%
Retailing 1.96%
Consumer Durables 1.94%
Auto Components 1.56%
Consumable Fuels 1.46%
Power 1.37%
Aerospace & Defense 1.33%
Electrical Equipments 1.22%
Insurance 1.22%
Telecom-Services 1.2%
Realty 0.95%
Non-Ferrous Metals 0.83%
Leisure Services 0.81%
Cash & Others 0.77%
Personal Products 0.76%
Transport Services 0.74%
Capital Markets 0.53%
Fertilisers & Agrochemica 0.51%
Chemicals & Petrochemical 0.45%
Healthcare Services 0.3%
Entertainment 0.3%
Oil 0.26%
Industrial Products 0.24%
Agricultural Food & other 0.23%
Beverages 0.13%
Food Products 0.12%
Transport Infrastructure 0.12%
Agricultural, Commercial 0.09%
Textiles & Apparels 0.01%
Equity
65.69%
Govt Securities / Sovereign
13.8%
Corporate Debentures
11.56%
Reverse Repos
5.65%
Certificate of Deposit
2.17%
Others
1.14%
View all Assets
Assets Asset
Equity 65.69%
Govt Securities / Sovereign 13.8%
Corporate Debentures 11.56%
Reverse Repos 5.65%
Certificate of Deposit 2.17%
Net Curr Ass/Net Receivables 1.14%

Advance Ratio

4.27
Alpha
1.85
SD
0.51
Beta
1.25
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:
1,64,467 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 ₹12.9 as of 17 May 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 - 32.47%
  2. Banks - 16.33%
  3. IT-Software - 5.59%
  4. Finance - 4.23%
  5. Automobiles - 3.68%

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 15.5% 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 0.68 % as of 17 May 2024.

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

The AUM of Mirae Asset Balanced Advantage Fund – Dir Growth is ₹1,64,467 Cr as of 17 May 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 - 4.82%
  2. ICICI Bank - 3.24%
  3. St Bk of India - 2.99%
  4. Reliance Industr - 2.68%
  5. Infosys - 2.27%

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