3 Year return
0Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately High Risk
Asset Under Management
₹1770.05 Cr.
Expense Ratio
0.68% (inclusive of GST)
Exit Load
15% of the units allotted (including Switch-in/STP - in on or before completion of 365 days from the date of allotment of units: Nil. 1.00% - If redeemed within 1 year (365 days) from the date of allotment. Nil - If redeemed after 1 Year (365 days) from the date of allotment.
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
Fund Holdings
Mirae Asset Mutual Fund Managers
HB
Harshad Borawake
Fund Manager since Jan 2024
Fund House Details
Mirae Asset Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
HDFC Balanced Advantage Fund |
21.67% |
4 |
Baroda BNP Paribas Balanced Advantage Fund |
13.87% |
3 |
Edelweiss Balanced Advantage Fund |
12.37% |
5 |
Schemes by Mirae Asset Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct Growth
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct IDCW Payout
About Mirae Asset Balanced Advantage Fund Direct Plan IDCW Payout
Mirae Asset Balanced Advantage Fund Direct Plan IDCW Payout, managed by Mirae Asset Mutual Fund, offers a dynamic investment approach. It is a balanced fund. The fund has a slightly higher expense ratio than the category average. The payout option also provides you with a regular income stream.
Investment Objective of the Scheme
Mirae Asset Balanced Advantage Fund focuses on managing risk and potential returns by investing in a combination of equities, derivatives and debt securities. This fund seeks to provide potential growth while adjusting to market conditions via multiple asset classes.
Key Features of The Fund
5-year return | NA |
Expense Ratio | 0.68% |
Fund Manager | Harshad Borawake |
Fund Size | ₹1770.05 Cr |
Risk Profile | Moderately High |
Is This Scheme Suitable for Me?
If you're seeking a balanced investment strategy that adapts to varying market conditions, Mirae Asset Balanced Advantage Fund could align with your investment goals. Investors seeking a balanced portfolio for potential growth might consider this fund. However, keep in mind that both equities, derivatives and debt investments carry high risk, especially in balancing all these different tools at the same time. Evaluate your risk tolerance and investment objectives before considering this fund. Consulting financial experts can helpful in making informed investment decisions.
AMC Contact Details
Name | Mirae Asset Mutual Fund |
Launch Date | November 2007 |
Addresss | 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.
Fast-Track Your Short-Term Goals With SIPs
FAQs
What is today's NAV of Mirae Asset Balanced Advantage Fund Direct Plan IDCW Payout?
What is the AUM of Mirae Asset Balanced Advantage Fund Direct Plan IDCW Payout?
What is the expense ratio of Mirae Asset Balanced Advantage Fund Direct Plan IDCW Payout?
What are the returns of Mirae Asset Balanced Advantage Fund Direct Plan IDCW Payout since inception?
What is the minimum SIP amount to invest in Mirae Asset Balanced Advantage Fund Direct Plan IDCW Payout?
How do I invest in Mirae Asset Balanced Advantage Fund Direct Plan IDCW Payout?
- 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 Direct Plan IDCW Payout?
- 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 Direct Plan IDCW Payout?
- 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 Direct Plan IDCW Payout?
- 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.