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HYBRID•DYNAMIC ASSET ALLOCATION OR BALANCED ADVANTAGE

Mirae Asset Balanced Advantage Fund

3 Year return

13.57%
NAV on December 19, 2025
15.11
1D Returns
-0.01%
Launched on July 2022(3 years)

Investment Details

₹99
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

₹
Your Investment₹3,600
Gain
23.97%₹863
Total Value ₹4,463

Risk Involved

scale
Your principal will be at
Very High Risk

Scheme Information

Asset Under Management
₹2,003.13 Cr.
Expense Ratio
0.73% (inclusive of GST)
Exit Load
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.

Ratings

ARQ Rating
0

Ratings by other agencies

Value Research
0
Crisil
0
Morning Star
0

Tax Implications

Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year

Mirae Asset Mutual Fund Manager

HB

Harshad Borawake

Fund Manager since Jul 2022

MJ

Mahendra Jajoo

Fund Manager since Jul 2022

Fund House Details

Mirae Asset Mutual Fund

Mirae Asset Mutual Fund

Asset management company

AUM
₹2,15,433.54 Cr.
No. of Schemes
152
Setup Date
November 2007

Peer Comparison

Comparison with other similar funds

Funds3 Y ReturnsARQ Rating
HDFC Balanced Advantage Fund18.086%
4
Baroda BNP Paribas Balanced Advantage Fund14.8888%
3
ICICI Prudential Balanced Advantage Fund14.0109%
5

Schemes by Mirae Asset Mutual Fund

List of mutual fund schemes by AMC

Funds
3 Years Returns
Mirae Asset Mutual Fund logo

Hybrid . Aggressive Hybrid Fund

Mirae Asset Aggressive Hybrid Fund Direct Plan Growth
14.7898%
Mirae Asset Mutual Fund logo

Hybrid . Aggressive Hybrid Fund

Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Payout
14.6089%
Mirae Asset Mutual Fund logo

Hybrid . Aggressive Hybrid Fund

Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
14.6089%
Mirae Asset Mutual Fund logo

Hybrid . Arbitrage Fund

Mirae Asset Arbitrage Fund Direct Growth
7.7378%
Mirae Asset Mutual Fund logo

Hybrid . Arbitrage Fund

Mirae Asset Arbitrage Fund Direct IDCW Payout
7.7147%

About Mirae Asset Balanced Advantage Fund Direct Plan-Growth

Mirae Asset Balanced Advantage Fund Direct Plan-Growth is an open-ended hybrid mutual fund plan brought to you by Mirae Asset Mutual Fund. The fund falls within the category of balanced advantage funds and lets investors have exposure to a dynamic, yet balanced approach to asset allocation. Most of the fund invests in stocks of large-cap companies, while the rest falls in the mid-cap and small-cap group of securities regarding equity in the fund. A hybrid plan, this scheme offers you a debt component too, with some of this invested in low-risk securities and some in government securities.

Investment Objective of the Scheme

The prominent investment objective of Mirae Asset Balanced Advantage Fund Direct Plan-Growth is the generation of long-term income and capital appreciation by a dynamically managed asset allocation involving debt and equity. This is done to potentially mitigate risks for investors.

Key Features of The Fund

5-year return
0%
Expense Ratio
0.73%
Fund Manager
Harshad Borawake
Fund Size
₹2003.13 Cr.
Risk Profile
Moderately High

Is This Scheme Right for Me?

As an investor, you may choose this fund if you want a consistent investing alternative that modifies exposure to debt and equities based on market conditions. If you have a moderate risk appetite and an investment horizon that will see you through the long term, you may think of investing in the Mirae Asset Balanced Advantage Fund Direct Plan-Growth scheme. As is the case with decisions about any investments, it is essential if you align your investments with your personal financial objectives and needs.

AMC Contact Details

NameMirae Asset Mutual Fund
Launch DateNovember 2007
AddressUnit No. 606, 6th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (East), Mumbai - 400 098.
Contact1800-2090-777
Emailcustomercare@miraeasset.com
Websitehttps://www.miraeassetmf.co.in/
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Compare Your SIPs Across Various Mutual Funds

Use our SIP calculator to compare SIPs across different mutual funds. Moreover, by comparing the different expected rates of returns, you can compare the returns on the same amount for different SIPs. Open our SIP calculator to estimate returns and get started on your investment journey today!

FAQs

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Mirae Asset Balanced Advantage Fund on December 19, 2025, is ₹15.11
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Mirae Asset Balanced Advantage Fund, is ₹2003.13 crore.
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Mirae Asset Balanced Advantage Fund is 0.73%
The Mirae Asset Balanced Advantage Fund was launched on July 21, 2022. The fund has delivered a CAGR of undefined since inception.
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Mirae Asset Balanced Advantage Fund is ₹99.
  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.
  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.
  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.
  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.

ENTER AMOUNT

₹
₹4,463 in 3Y at 13.5748% returns
SIP Date1st of every month

Your next SIP Payment will be on 21 January 2026

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