Mirae Asset Balanced Advantage Fund Regular Plan IDCW
Category: Hybrid: Dynamic Asset Allocation |
Launch Date: 11-08-2022 |
Asset Class: |
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index |
Expense Ratio: 2.05% As on ( 30-06-2025) |
Status: Open Ended Schemes |
Minimum Investment: 5000.0 |
Minimum Topup: 1000.0 |
Total Assets: 1,899.14 Cr As on ( 30-06-2025) |
Turn over: 273 |
Fund Managers
Mahendra Kumar Jajoo, Harshad Borawake
Investment Objective
The scheme seeks 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.
PERFORMANCE of Mirae Asset Balanced Advantage Fund Regular Plan IDCW
Scheme Performance (%) Data as on - 23-07-2025
1-Year Ret (%) | 3-Yrs Ret (%) | 5-Yrs Ret (%) | 10-Yrs Ret (%) | Since Launch Ret (%) | |
---|---|---|---|---|---|
Mirae Asset Balanced Advantage Fund Regular Plan IDCW | 6.69 | - | - | - | 12.61 |
Benchmark | - | - | - | - | - |
Hybrid: Dynamic Asset Allocation | 4.52 | 13.13 | 12.82 | 9.51 | 10.7 |
RETURNS CALCULATOR for Mirae Asset Balanced Advantage Fund Regular Plan IDCW
Growth of 10000 In SIP (Fund vs Benchmark)
Growth of 10000 In LUMPSUM (Fund vs Benchmark)
Rolling Returns
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
Key Performance and Risk Statistics of Mirae Asset Balanced Advantage Fund Regular Plan IDCW
Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
---|---|---|---|---|---|---|
Mirae Asset Balanced Advantage Fund Regular Plan IDCW | 6.9 | 4.64 | ||||
Hybrid: Dynamic Asset Allocation | - | - | - | - | - | - |
PEER COMPARISION
Scheme Name | Launch Date |
1-Year Ret (%) |
2-Yrs Ret (%) |
3-Yrs Ret (%) |
5-Yrs Ret (%) |
10-Yrs Ret (%) |
---|---|---|---|---|---|---|
Mirae Asset Balanced Advantage Fund Reg IDCW | 11-08-2022 | 6.69 | 12.98 | 0.0 | 0.0 | 0.0 |
WhiteOak Capital Balanced Advantage Fund Reg Gr | 10-02-2023 | 9.7 | 15.54 | 0.0 | 0.0 | 0.0 |
UTI Unit Linked Insurance | 01-10-1971 | 9.44 | 11.2 | 10.18 | 11.09 | 8.1 |
Baroda BNP Paribas Balanced Advantage Fund Reg Gr | 14-11-2018 | 8.5 | 15.75 | 16.29 | 15.5 | 0.0 |
ABSL Balanced Advtg Reg Gr | 25-04-2000 | 7.94 | 14.49 | 14.3 | 14.28 | 10.87 |
ICICI Pru Balanced Advtg Gr | 01-12-2006 | 7.77 | 14.64 | 13.74 | 14.69 | 10.87 |
UTI Balanced Advantage Fund Reg Gr | 10-08-2023 | 7.46 | 0.0 | 0.0 | 0.0 | 0.0 |
DSP Dynamic Asset Allocation Reg Gr | 01-02-2014 | 7.42 | 13.35 | 12.34 | 10.96 | 9.05 |
Parag Parikh Dynamic Asset Allocation Reg Gr | 27-02-2024 | 7.26 | 0.0 | 0.0 | 0.0 | 0.0 |
LIC MF Balanced Advantage Fund Reg Gr | 05-11-2021 | 7.2 | 11.02 | 11.77 | 0.0 | 0.0 |
Asset Allocation (%)
PORTFOLIO ANALYSIS of Mirae Asset Balanced Advantage Fund Regular Plan IDCW
Portfolio as on