HYBRID•DYNAMIC ASSET ALLOCATION OR BALANCED ADVANTAGE
Mirae Asset Balanced Advantage Fund
3 Year return
11.41%
NAV on August 06, 2026
15.663
1D Returns
+0.03%
Launched on July 2022(4 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
19.69%₹709
Total Value ₹4,309
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹2,128.89 Cr.
Expense Ratio
0.96% (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
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
BB
Basant Bafna
Fund Manager since Dec 2025
HB
Harshad Borawake
Fund Manager since Jul 2022
MJ
Mahendra Jajoo
Fund Manager since Jul 2022
Fund House Details
Mirae Asset Mutual Fund
Asset management company
AUM
₹2,32,231.51 Cr.
No. of Schemes
162
Setup Date
November 2007
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| HDFC Balanced Advantage Fund | 13.8431% | 4 |
| Baroda BNP Paribas Balanced Advantage Fund | 13.3885% | 3 |
| ICICI Prudential Balanced Advantage Fund | 12.8674% | 5 |
Schemes by Mirae Asset Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Reinvestment12.3659%
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
0.96%
Fund Manager
Basant Bafna
Fund Size
₹2128.89 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
| Name | Mirae Asset Mutual Fund |
| Launch Date | November 2007 |
| Address | Unit No. 606, 6th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (East), Mumbai - 400 098. |
| Contact | 1800-2090-777 |
| customercare@miraeasset.com | |
| Website | https://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
What is today's NAV of Mirae Asset Balanced Advantage Fund?
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 August 06, 2026, is ₹15.663
What is the AUM of Mirae Asset Balanced Advantage Fund?
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 ₹2128.89 crore.
What is the expense ratio of Mirae Asset Balanced Advantage Fund?
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 0.96%
What are the returns of Mirae Asset Balanced Advantage Fund since inception?
The Mirae Asset Balanced Advantage Fund was launched on July 21, 2022. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Mirae Asset Balanced Advantage Fund?
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.
How do I invest in Mirae Asset Balanced Advantage Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Mirae Asset Balanced Advantage Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Mirae Asset Balanced Advantage Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Mirae Asset Balanced Advantage Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,309 in 3Y at 11.4066% returns
SIP Date1st of every month
Your next SIP Payment will be on 6 September 2026
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