Mirae Asset Balanced Advantage Fund

Hybrid | Dynamic Asset Allocation or Balanced Advantage
Monthly Amount Invested
Duration
Yr
  • Would Have Become
    --
  • Invested Value
    --
  • Total Gain
    --
  • Returns
    -- per annum
₹1,000 ₹5,000 0.81 % 0★ ₹888 4 Months
Min SIP Min Lumpsum Expense Ratio Rating Fund Size (in Cr) Fund Age
₹1,000 ₹5,000 0.81 %
Min SIP Min Lumpsum Expense Ratio
0★ ₹888 Cr 4 Months
Rating Fund Size Fund Age

Scheme 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.

Scheme Performance

Returns and Ranks ( as on 02 December 2022 )
1 Year1Y 3 Years3Y 5 Years5Y MaxMax
Trailing Returns - - - 4.1%
Category Average 9.0% 16.9% 15.2% -

Scheme Allocation

Holding
Sector
Asset
Net CA & Others
18.79%
GSEC2027
6.75%
GSEC2032
5.28%
TREPS
5.02%
Infosys
2.87%
Others
61.29%
Debt
30.2%
Cash & Others
18.79%
Banks
17.31%
Petroleum Products
5.15%
Consumer Durables
4.95%
Others
23.6%
Equity
68.92%
Net Curr Ass/Net Receivables
18.79%
Govt Securities / Sovereign
12.03%
Corporate Debentures
11.04%
Reverse Repos
5.02%

Fund House Details

Mirae Asset Mutual Fund

Mirae Asset Balanced Advantage Fund

Fund Manager
Harshad Borawake

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.

Advance Ratio

0 0.45 0.43 0.04
Alpha SD Beta Sharpe

Risk-O-Meter

Other Funds from the same Fund House

AMC Contact Details

Mirae Asset Mutual Fund
AUM:
1,10,974 Cr
Address:
Unit 606,6th Flr,Windsor Off. CST Road,Kalina, Santacruz(E),Mumbai-400098
Contact:
022-67800300
Email ID:
customercare@miraeasset.com

Frequently Asked Questions

You can invest in Mirae Asset Balanced Advantage Fund 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 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"
The Mirae Asset Balanced Advantage Fund has delivered 4.1% since inception
The NAV of Mirae Asset Balanced Advantage Fund is ₹10.4 as of 02 December 2022.
The expense ratio of Mirae Asset Balanced Advantage Fund is 0.81 % as of 02 December 2022.
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”.
Invest Now