Mirae Asset Balanced Advantage Fund – Dir Growth

₹ 500
Min SIP
₹ 5,000
Min Lumpsum
0.69 %
Expense Ratio
Rating
1,518
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 18 March 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 24.5% - - 14.7%
Category Average 27.9% 15.3% 15.2% -

Scheme Allocation

By Holding
By Sector
By Asset
4.6%
3.88%
2.76%
Others
82.59%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 4.6%
ICICI Bank Banks Equity 3.88%
St Bk of India Banks Equity 3.41%
Infosys IT - Software Equity 2.76%
Reliance Industr Refineries Equity 2.76%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.21%
Axis Bank Banks Equity 1.75%
Tata Motors Automobile Equity 1.56%
Maruti Suzuki Automobile Equity 1.53%
Ambuja Cements Cement Equity 1.48%
Coal India Mining & Mineral products Equity 1.46%
ITC Tobacco Products Equity 1.46%
NTPC Power Generation & Distribution Equity 1.37%
TCS IT - Software Equity 1.3%
Sun Pharma.Inds. Pharmaceuticals Equity 1.23%
Bharti Airtel Telecomm-Service Equity 1.2%
Hind. Unilever FMCG Equity 1.11%
Tata Steel Steel Equity 1.02%
Kotak Mah. Bank Banks Equity 0.99%
Shriram Finance Finance Equity 0.96%
TD Power Systems Capital Goods - Electrical Equipment Equity 0.93%
Bharat Electron Aerospace & Defence Equity 0.92%
Aurobindo Pharma Pharmaceuticals Equity 0.89%
SBI Life Insuran Insurance Equity 0.88%
Torrent Pharma. Pharmaceuticals Equity 0.86%
Power Fin.Corpn. Finance Equity 0.85%
HCL Technologies IT - Software Equity 0.84%
Hindalco Inds. Non Ferrous Metals Equity 0.83%
IndusInd Bank Banks Equity 0.78%
Samvardh. Mothe. Auto Ancillaries Equity 0.77%
B P C L Refineries Equity 0.74%
Fusion Microfin. Finance Equity 0.72%
Electronics Mart Retail Equity 0.71%
Titan Company Diamond, Gems and Jewellery Equity 0.68%
Yatra Online E-Commerce/App based Aggregator Equity 0.63%
Zomato Ltd E-Commerce/App based Aggregator Equity 0.57%
S A I L Steel Equity 0.57%
LIC Housing Fin. Finance Equity 0.54%
Federal Bank Banks Equity 0.53%
Jindal Steel Steel Equity 0.52%
P I Industries Agro Chemicals Equity 0.51%
IIFL Finance Finance Equity 0.51%
Brigade Enterpr. Realty Equity 0.48%
Craftsman Auto Auto Ancillaries Equity 0.47%
DLF Realty Equity 0.47%
Havells India Consumer Durables Equity 0.46%
Interglobe Aviat Air Transport Service Equity 0.45%
Go Fashion (I) Textiles Equity 0.44%
MTAR Technologie Aerospace & Defence Equity 0.41%
Godrej Consumer FMCG Equity 0.4%
LTIMindtree IT - Software Equity 0.39%
JSW Steel Steel Equity 0.39%
J K Cements Cement Equity 0.38%
TVS Motor Co. Automobile Equity 0.38%
Chola Financial Finance Equity 0.38%
Deepak Nitrite Chemicals Equity 0.35%
Max Financial Finance Equity 0.34%
Sona BLW Precis. Auto Ancillaries Equity 0.32%
Biocon Pharmaceuticals Equity 0.31%
Kajaria Ceramics Ceramic Products Equity 0.31%
Bandhan Bank Banks Equity 0.3%
Krishna Institu. Healthcare Equity 0.3%
Tech Mahindra IT - Software Equity 0.29%
Avalon Tech Consumer Durables Equity 0.29%
BSE Miscellaneous Equity 0.27%
KFin Technolog. Miscellaneous Equity 0.26%
O N G C Crude Oil & Natural Gas Equity 0.26%
Dabur India FMCG Equity 0.25%
Prince Pipes Plastic products Equity 0.24%
Indiamart Inter. E-Commerce/App based Aggregator Equity 0.23%
J B Chem & Pharm Pharmaceuticals Equity 0.23%
Balrampur Chini Sugar Equity 0.23%
Eicher Motors Automobile Equity 0.22%
Cholaman.Inv.&Fn Finance Equity 0.22%
Gateway Distri Logistics Equity 0.21%
Greenply Industr Plywood Boards/Laminates Equity 0.21%
Westlife Food Quick Service Restaurant Equity 0.19%
Crompton Gr. Con Consumer Durables Equity 0.18%
Zee Entertainmen Entertainment Equity 0.17%
United Spirits Alcoholic Beverages Equity 0.13%
Sun TV Network Entertainment Equity 0.13%
ACC Cement Equity 0.12%
Nestle India FMCG Equity 0.12%
Adani Ports Marine Port & Services Equity 0.12%
Emami FMCG Equity 0.11%
Cera Sanitary. Ceramic Products Equity 0.11%
SRF Chemicals Equity 0.1%
RBL Bank Banks Equity 0.09%
Ashok Leyland Automobile Equity 0.09%
Container Corpn. Logistics Equity 0.08%
Bajaj Finance Finance Equity 0.05%
Canara Bank Banks Equity 0.01%
Page Industries Readymade Garments/ Apparells 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
66.76%
Corporate Debentures
11.94%
Govt Securities / Sovereign
11.48%
Reverse Repos
7.83%
Certificate of Deposit
1.23%
Others
0.77%
View all Assets
Assets Asset
Equity 66.76%
Corporate Debentures 11.94%
Govt Securities / Sovereign 11.48%
Reverse Repos 7.83%
Certificate of Deposit 1.23%
Net Curr Ass/Net Receivables 0.77%

Advance Ratio

5.12
Alpha
1.88
SD
0.51
Beta
1.34
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 ₹12.4 as of 18 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 - 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 14.7% 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 18 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 18 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 - 4.6%
  2. ICICI Bank - 3.88%
  3. St Bk of India - 3.41%
  4. Infosys - 2.76%
  5. Reliance Industr - 2.76%

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