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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
NAV (₹): 14.217
₹ 0.04 ( 0.2814% )
as on 23-07-2025
CAGR Since Inception - 12.61%
NIFTY 50 Hybrid Composite debt 50:50 Index - 11.41%

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)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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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

Top 10 Sectors in portfolio (%)

Top 10 Stocks in portfolio (%)