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Fund Overview

Mirae Asset Balanced Advantage Fund (G)

Get details information of scheme on investment, NAV, Performation.

Nav (₹)

13.91

Inception Date

11-08-2022

Category

Hybrid - Equity Oriented
Investment Objectives

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.

Risk O Meter
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Performance
Scheme Name 3 Months (%) 6 Months (%) 1 Year (%) 3 Years (%) 5 Years (%) 10 Years (%) Since Inception (%)
Mirae Asset Balanced Advantage Fund (G) 6.58 3.85 9.12 NA NA NA 12.41
Value of 1,00,000 is now

Worth of investments in last

This Scheme

SIP

Benchmark (Nifty 50 Hybrid Composite Debt 50:50 Index)

1Lakh investment Grown to 1.09 Lakh

10,000 investment Grown to 1.25 Lakh

1Lakh investment Grown to 0.00 Lakh

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Key Parameters
AUM(₹ Cr.) 1,811
Type OPEN ENDED
Entry Load NIL
Minimum investment(₹) 5000
Expense Ratio (%) 0
Benchmark Nifty 50 Hybrid Composite Debt 50:50 Index
Fund Manager Harshad Borawake
Exit 15% of the units allotted (including Switch-in/STP - in on or before completion of 180 days from the date of allotment of units: Nil. 1.00% - If redeemed within 6 months (180 days) from the date of allotment. Nil - If redeemed after 6 months (180 days) from the date of allotment.
Incrimental Invest(₹) 1000
NAV Movement
3M 6M 1Y 3Y 5Y
AUM Movement
3M 6M 1Y 3Y 5Y
Asset Allocation Pie chart
Top Company Holding (As on 30 04 25 )
Company Asset No.of shares Value (₹ in Cr)
HDFC Bank Equity 528682 101.77
Power Fin.Corpn. Corporate Debts 6000000 60.63
ICICI Bank Equity 382173 54.54
N A B A R D Corporate Debts 5000000 50.76
Bharti Airtel Equity 264876 49.39
Reliance Industr Equity 303084 42.58
St Bk of India Equity 529425 41.75
Infosys Equity 244372 36.66
M & M Equity 113867 33.35
Axis Bank Equity 256400 30.38
TCS Equity 85369 29.48
Larsen & Toubro Equity 84670 28.29
Sector Holding Pie Chart
Peer Comparison
Scheme Name AUM (₹ IN Cr.) 1 Years (%) 3 Years (%) 5 Years (%) Since Inception (%) Inception Date Sharpe Std.Dev
Mirae Asset Balanced Advantage Fund 1,811.12 9.12 NA NA 12.41 11-Aug-2022 0.7941 2.07
DSP Aggressive Hybrid Fund 10,829.34 16.85 18.79 20.66 14.72 27-May-1999 0.8652 3.21
WhiteOak Capital Multi Asset Allocation Fund 1,923.49 15.85 NA NA 17.66 19-May-2023 2.3214 1.25
SBI Magnum Children's Benefit Fund - IP 3,358.06 15.34 21.71 NA 34.81 29-Sep-2020 0.8983 4.04
DSP Multi Asset Allocation Fund 2,950.33 13.30 NA NA 19.52 27-Sep-2023 1.8636 1.83
SBI Equity Hybrid Fund 74,035.66 12.83 15.00 19.34 12.09 19-Jan-2005 0.6463 2.83
PGIM India Retirement Fund 80.58 12.69 NA NA 15.05 15-Apr-2024 0.3173 5.01
Aditya Birla SL Multi Asset Allocation Fund 3,944.91 12.58 NA NA 17.55 31-Jan-2023 1.152 2.45
Bandhan Aggressive Hybrid Fund 846.25 12.54 16.13 21.26 11.42 30-Dec-2016 0.6185 3.42
Mirae Asset Multi Asset Allocation Fund 1,910.56 12.08 NA NA 13.86 31-Jan-2024 0.8358 2.16
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