Mirae Asset Balanced Advantage Fund Direct-Growth
Hybrid, Dynamic Asset Allocation, Principal at very high risk
1 Year Return 3.26% at 08 Jun 2026 01:09 PM
Mirae Asset Balanced Advantage Fund Direct-Growth: Mutual Fund Overview
Mirae Asset Balanced Advantage Fund Direct-Growth is an Dynamic Asset Allocation mutual fund with over 3.82 years of performance history. The scheme manages an AUM of ₹2067.51 Cr and has a NAV of ₹15.009. It is rated '4' stars by analysts. Investors can begin a SIP with as little as ₹99.0, making it accessible for all types of investors. In the last 1 year, the fund has delivered a return of 3.26%.
Fund Details
NAV 15.009
Sub-Type Dynamic Asset Allocation
Rating 4
Min. SIP Amount ₹99.0
Fund Age(Year) 3.82
Fund Size(in Crores) 2067.51
Fund Performance
1 Month -0.8%
3 Month -0.87%
6 Month -1.25%
1 Year 3.26%
3 Year 11.6%
5 Year 0.0%
Know This Fund
As on 08 Jun 2026
Investment strategy that balances risk & reward by dividing the investment portfolio among different types of asset classes.
Equity (94.85%) Market Cap Large Cap 20.7 Mid Cap 34.18 Small Cap 39.97 Top Sectors Services 40.79 Healthcare 11.32 Automobile 10.11 Financial 9.5 Technology 8.79 Capital Goods 7.07 Consumer Staples 3.49 Insurance 1.88 Metals & Mining 1.26 Consumer Discretionary 0.64 Top Holding Abbott India 2.55 Amagi Media Labs 1.19 Ather Energy 3.75 Bajaj Finance 4.7 Bajaj Finserv 2.28 BlackBuck 4.4 Capillary Technologies 0.03 Divi's Laboratories 3.91 Eternal 7.92 Firstsource Solutions 3.38 FSN E-Commerce Ventures 4.25 Go Digit General Insurance 1.88 Grindwell Norton 1.26 Happiest Minds Technologies 2.74 HDFC AMC 0.98 Hero Motocorp 1.53 Hexaware Technologies 1.35 Honeywell Automation India 1.87 Indegene 2.09 Info Edge (India) 2.34 Lenskart Solutions 0.64 Lupin 2.77 Maruti Suzuki India 1.07 Meesho 4.61 Nazara Technologies 1.59 NIIT Learning Sys 2.07 PB Fintech 1.59 Physicswallah 1.38 Pine Labs 1.54 Route Mobile 1.89 SEDEMAC Mechatronics 1.68 Sona BLW Precision Forgings 2.94 Swiggy 2.71 Tata Motors 0.82 TBO Tek 5.08 TeamLease Services 1.06 Thermax 3.52 Urban Company (UrbanClap) 3.49
Debt & Others (5.1499999999999995%) Sector Allocation Net Payables -0.31 Treasury Bills 0.1 Repo 5.36 Debt Credit Ratings Debt Category Reserve Bank of India 0.1 Others 5.05
Comparison with same funds
Equity, Flexi Cap funds Axis Innovation Fund Regular-Growth Ret 1M -1.88% Ret 1Y 2.28% Ret 3Y 14.28% Ret 5Y 11.1%
Equity, Flexi Cap funds Axis Innovation Fund Regular-IDCW Payout Ret 1M -1.88% Ret 1Y 2.28% Ret 3Y 14.28% Ret 5Y 11.1%
Equity, Flexi Cap funds Axis Innovation Fund Regular-IDCW Reinvestment Ret 1M -1.88% Ret 1Y 2.28% Ret 3Y 14.28% Ret 5Y 11.1%
Equity, Flexi Cap funds Bandhan Innovation Fund Regular-Growth Ret 1M 2.94% Ret 1Y 10.33% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bandhan Innovation Fund Regular-IDCW Ret 1M 2.94% Ret 1Y 10.33% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Bandhan Innovation Fund Regular-IDCW Reinvestment Ret 1M 2.94% Ret 1Y 10.33% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Baroda BNP Paribas Innovation Fund Regular-Growth Ret 1M -0.91% Ret 1Y 5.4% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Baroda BNP Paribas Innovation Fund Regular-IDCW Payout Ret 1M -0.91% Ret 1Y 5.4% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds Baroda BNP Paribas Innovation Fund Regular-IDCW Reinvestment Ret 1M -0.91% Ret 1Y 5.4% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds HDFC Innovation Fund Regular-Growth Ret 1M 1.24% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Equity, Flexi Cap funds HDFC Innovation Fund Regular-IDCW Ret 1M 1.24% Ret 1Y 0% Ret 3Y 0% Ret 5Y 0%
Charges & Taxes Expense Ratio
Returns are taxed as per your Income Tax Slab.
Expense Ratio (Inclusive of GST): 0.72%
Exit Load 1.0%
Stamp Duty 0.005%
Fund Management
The various expenses, charges and taxes associated with your Mutual Fund
Mahendra Kumar Jajoo
Education Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
Experience Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.
Basant Bafna
Education Mr. Bafna has done B.Com, MBA, CS, CA, FRM and CFA
Experience Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India
Harshad Borawake
Education Mr. Borawake is MBA(Finance) & B.E.(Polymers)
Experience Prior to joining Mirae Asset Mutual Fund, he has worked with Motilal Oswal Securities Ltd. as Vice President and Capmetrics & Risk Solutions Private Ltd. as Research Analyst - Equity.
Riskometer
Mutual Fund Investments are subject to market risk. Read all scheme related documents carefully.
Principal at very high risk
AMC and Fund details
Rank (total sets) 9
Date of Incorporation 2022-08-11
Total AUM 223763.21
The Scheme Seeks to generate returns from a portfolio of pure debt oriented funds accessed through the diverse investment styles of underlying schemes selected in accordance with the BSLAMC process.
Take Your Next Step
Mirae Asset Balanced Advantage Fund Direct-Growth FAQs
How to invest in Mirae Asset Balanced Advantage Fund Direct-Growth?
Investing in Mirae Asset Balanced Advantage Fund Direct-Growth through Motilal Oswal is simple and completely online. You just need to follow the step-by-step process below to get started in a few minutes.
- Log in to your Motilal Oswal account via the app or website
- Go to the Mutual Funds section
- Search for Mirae Asset Balanced Advantage Fund Direct-Growth in the search bar
- Select your preferred investment mode – Lumpsum or SIP
- Enter investment details such as amount and linked bank account
- Complete your KYC, if not already done
- Review and confirm details including fund name, plan type, amount, and bank account
- Make the payment using Net Banking, UPI, or other available options
- Receive transaction confirmation via email or SMS
What is the expense ratio of Mirae Asset Balanced Advantage Fund Direct-Growth?
The term expense ratio for Mirae Asset Balanced Advantage Fund Direct-Growth or any other mutual fund is the annual fee charged by the fund house for managing your investment scheme. The expense ratio of Mirae Asset Balanced Advantage Fund Direct-Growth is 0.72% as of 08 Jun 2026.
What is the NAV of Mirae Asset Balanced Advantage Fund Direct-Growth?
The NAV of Mirae Asset Balanced Advantage Fund Direct-Growth is ₹15.009 as of 08 Jun 2026.
What is the AUM of Mirae Asset Balanced Advantage Fund Direct-Growth?
The AUM (Assets Under Management) of Mirae Asset Balanced Advantage Fund Direct-Growth is the total value of assets managed by the fund at a given time, which is updated regularly. The AUM of Mirae Asset Balanced Advantage Fund Direct-Growth is ₹2067.51 Cr as of 08 Jun 2026.
What is the PE and PB ratio of Mirae Asset Balanced Advantage Fund Direct-Growth?
The PE ratio of Mirae Asset Balanced Advantage Fund Direct-Growth shows how much investors are paying for the fund's underlying earnings, while the PB ratio indicates how the fund's holdings are valued compared to their book value.
Can I invest in SIP and Lump Sum in Mirae Asset Balanced Advantage Fund Direct-Growth?
Yes, you can invest in Mirae Asset Balanced Advantage Fund Direct-Growth through both SIP (Systematic Investment Plan) and lump sum options, depending on your investment preference and financial goals.
What is the return of Mirae Asset Balanced Advantage Fund Direct-Growth in the last 5 years?
The return of Mirae Asset Balanced Advantage Fund Direct-Growth in the last 5 years is 0.0%.
What is the minimum SIP investment required in Mirae Asset Balanced Advantage Fund Direct-Growth?
The minimum SIP investment in Mirae Asset Balanced Advantage Fund Direct-Growth depends on the fund's scheme rules and usually starts at a small amount. For Mirae Asset Balanced Advantage Fund Direct-Growth, the minimum SIP amount is ₹99.0.
What is the current NAV of Mirae Asset Balanced Advantage Fund Direct-Growth?
The NAV of Mirae Asset Balanced Advantage Fund Direct-Growth, as of 08 Jun 2026, is ₹15.009.
Who manages the Mirae Asset Balanced Advantage Fund Direct-Growth?
The fund managers responsible for Mirae Asset Balanced Advantage Fund Direct-Growth are:
- Mahendra Kumar Jajoo
- Basant Bafna
- Harshad Borawake