Scheme Overview

Mirae Asset Balanced Advantage Fund Regular Plan- Growth

Category: Hybrid: Dynamic Asset Allocation
Launch Date: 18-08-2022
Asset Class:
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Expense Ratio: 2.06% As on ( 30-04-2025)
Status: Open Ended
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 1,811.12 Cr As on ( 30-04-2025)
Turn over: 273
NAV as on 20-05-2025

13.837

-0.08 ( -0.5782% )

CAGR Since Inception

12.35%

NIFTY 50 Hybrid Composite debt 50:50 Index

11.41%

PERFORMANCE of Mirae Asset Balanced Advantage Fund Regular Plan- Growth

Scheme Performance (%) Data as on - 20-05-2025

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
Mirae Asset Balanced Advantage Fund Regular Plan- Growth 9.6 - - - 12.35
Benchmark - - - - -
Hybrid: Dynamic Asset Allocation 7.19 13.05 15.06 9.55 10.3

Yearly Performance (%)

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.

RETURNS CALCULATOR for Mirae Asset Balanced Advantage Fund Regular Plan- Growth

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.

Riskometer

Key Performance and Risk Statistics of Mirae Asset Balanced Advantage Fund Regular Plan- Growth

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
Mirae Asset Balanced Advantage Fund Regular Plan- Growth 6.5 6.9 4.64
Hybrid: Dynamic Asset Allocation - - - - - -

PEER COMPARISION of Mirae Asset Balanced Advantage Fund Regular Plan- Growth

Period :
Data as on - 20-05-2025
Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
Mirae Asset Balanced Advantage Fund Regular Plan- Growth 18-08-2022 9.6 14.89 0.0 0.0 0.0
UTI - Unit Linked Insurance Plan 01-10-1971 12.83 12.08 10.37 12.68 8.05
Axis Balanced Advantage Fund - Regular Plan - Growth 07-08-2017 12.6 18.52 15.4 14.97 0.0
WhiteOak Capital Balanced Advantage Fund Regular Plan Growth 10-02-2023 12.18 16.71 0.0 0.0 0.0
Aditya Birla Sun Life Balanced Advantage Fund - Regular Plan - Growth Option 25-04-2000 11.81 16.07 14.24 17.19 10.99
LIC MF Balanced Advantage Fund-Regular Plan-Growth 05-11-2021 11.73 12.92 12.1 0.0 0.0
DSP Dynamic Asset Allocation Fund - Regular Plan - Growth 01-02-2014 11.35 14.91 12.92 13.03 8.96
ICICI Prudential Balanced Advantage Fund - Growth 01-12-2006 10.75 15.71 14.0 17.64 10.93
UTI Balanced Advantage Fund - Regular Plan - Growth Option 10-08-2023 10.67 0.0 0.0 0.0 0.0
Kotak Balanced Advantage Fund -Regular Plan - Growth Option 05-07-2018 10.35 14.43 13.27 15.85 0.0

PORTFOLIO ANALYSIS of Mirae Asset Balanced Advantage Fund Regular Plan- Growth

Asset Allocation (%)

Mutual Fund investments are subject to market risks, read all scheme related documents carefully before investing.