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Mirae Asset Balanced Advantage Fund(G)-Direct Plan

Mirae Asset Balanced Advantage Fund(G)-Direct Plan

HybridDirect GrowthHigh Risk

+9.61%

3Y annualised

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NAV : 16 Sep 2026

₹15.32

Min. SIP amount

₹99

Fund size (AUM)

2169 Cr

Expense ratio

0.73%

Launched on

11 Aug 2022

Lock-in period

N/A

Benchmark

Nifty 50

Fund Plan

Direct

SIP Calculator + Returns

Monthly investment

8,000

3M6M1Y3Y
Total investment
2,88,000
Would've become
3,34,935

Stock Allocation

Stock nameSectorAllocation
Hdfc Bank Ltd.Bank4.57%
Icici Bank Ltd.Bank3.77%
TrepsCash & Cash Equivalents And Net Assets3.61%

Fund Composition

2169 Cr

Large Cap

49.80%

Mid Cap

6.14%

Small Cap

10.68%

Others

33.38%

Sector Allocation

2169 Cr

Corporate Debt

17.21%

Bank

14.88%

Government Securities

9.36%

Automobile & Ancillaries

6.85%

Healthcare

6.19%

Cash & Cash Equivalents And Net Assets

4.84%

Domestic Equities

3.85%

Finance

3.77%

Others

30.84%

Minimum investments

Min. for SIP99
Min. for Lumpsum--

Returns vs rankings

Absolute returns
Name1Y3Y5Y
Fund returns------
Rank (Balanced)

Exit load, stamp duty and tax

Exit load

1% on or before 6M (180D), Nil after 6M (180D)

No exit load after holding period

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

If you redeem within less than 1 year, returns are taxed as per your Income Tax slab. If you redeem after more than 1 year, returns are taxed at 12.5%.

Fund management

HB

Harshad Borawake

Present

BB

Basant Bafna

Present

Similar/Peer Fund Comparison

Fund name
U

Unifi Dynamic Asset Allocation Fund(G)-Direct Plan

+0.00%
A

Aditya Birla SL Balanced Advantage Fund(G)-Direct Plan

+10.96%
B

Baroda BNP Paribas Balanced Advantage Fund(G)-Direct Plan

+11.11%
3

360 ONE Balanced Hybrid Fund(G)-Direct Plan

+0.00%
B

Bank of India Balanced Advantage Fund(G)-Direct Plan

+8.24%
B

Bandhan Balanced Advantage Fund(G)-Direct Plan

+9.41%
M

Mirae Asset Balanced Advantage Fund(G)-Direct Plan

+9.61%
E

Edelweiss Balanced Advantage Fund(G)-Direct Plan

+9.85%

FAQs

Mirae Asset Balanced Advantage Fund(G)-Direct Plan is a part of Mirae Asset Investment Managers (India) Private Limited, it was incepted on 11 Aug 2022. This fund is managed by Harshad Borawake and Basant Bafna. It is a Hybrid type of fund.

The current NAV of Mirae Asset Balanced Advantage Fund(G)-Direct Plan is ₹15.32 (as of 16 Sep 2026).

Mirae Asset Balanced Advantage Fund(G)-Direct Plan has delivered 3.37% in 1 year, 9.61% in 3 years, and 0.00% in 5 years (annualised).

The minimum SIP amount for Mirae Asset Balanced Advantage Fund(G)-Direct Plan is ₹99.

The expense ratio of Mirae Asset Balanced Advantage Fund(G)-Direct Plan is 0.73%.

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