Mirae Asset Balanced Advantage Fund - Growth - Direct Plan

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  • Net Change on 11-04-2025

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Fund Overview Growth | Direct Plan

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  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

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Fund Objective

The investment objective of the scheme is to capitalize on the potential upside of equities whileattempting 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. However, there is no assurance or guarantee that the investment objective of the scheme will be realized.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
NIFTY 50 - TRI N/A N/A N/A N/A N/A N/A
NIFTY 50 Hybrid Composite Debt 50:50 Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Edelweiss Balanced Advantage Fund -Direct Plan-Growth Option Jan 21, 2013 3.21 10.75 16.89 0.51 12,239.77
UTI - Unit Linked Insurance Plan- Direct Jan 01, 2013 10.30 7.92 13.00 0.99 5,352.11
Motilal Oswal Balanced Advantage Fund - Direct Plan - Growth Option Sep 27, 2016 -11.65 5.69 9.43 1.03 917.89
Shriram Balanced Advantage Fund - Direct Growth Jul 05, 2019 Unrated -4.00 9.21 12.87 0.70 60.11

Fund Holdings as on 31-March-2025

  • HDFC Bank Ltd.

  • TREPS

  • 7.18% Government of India (MD 14/08/2033)

  • ICICI Bank Ltd.

  • Bharti Airtel Ltd.

  • Canara Bank (MD 03/02/2026)**#

  • State Bank of India

  • Reliance Industries Ltd.

  • Infosys Ltd.

  • 7.10% Government of India (MD 08/04/2034)

  • 6.79% Government of India (MD 07/10/2034)

  • Mahindra & Mahindra Ltd.

  • Coal India Ltd.

  • Axis Bank Ltd.

  • Tata Consultancy Services Ltd.

  • Larsen & Toubro Ltd.

  • 7.56% REC Ltd. (MD 31/08/2027)**

  • 6.54% Government of India (MD 17/01/2032)

  • 7.40% National Bank for Agriculture and Rural Development (MD 30/01/2026)

  • Ambuja Cements Ltd.

  • NTPC Ltd.

  • Net Receivables / (Payables)

  • Shriram Finance Ltd.

  • 7.44% National Bank for Agriculture and Rural Development (MD 24/02/2028)

  • Bajaj Finance Ltd.

  • TD Power Systems Ltd.

  • 7.55% Power Finance Corporation Ltd. (MD 15/07/2026)**

  • Hindalco Industries Ltd.

  • Kotak Mahindra Bank Ltd.

  • Aurobindo Pharma Ltd.

  • SBI Life Insurance Co. Ltd.

  • Tata Motors Ltd.

  • 7.50% National Bank for Agriculture and Rural Development (MD 31/08/2026)

  • TVS Motor Company Ltd.

  • ITC Ltd.

  • Power Finance Corporation Ltd.

  • Vedanta Ltd.

  • 7.25% National Bank for Financing Infrastructure and Development (MD 03/02/2040)**

  • Glenmark Pharmaceuticals Ltd.

  • Oil & Natural Gas Corporation Ltd.

  • Sun Pharmaceutical Industries Ltd.

  • Multi Commodity Exchange of India Ltd.

  • GAIL (India) Ltd.

  • Adani Ports and Special Economic Zone Ltd.

  • Bharat Electronics Ltd.

  • Hindustan Unilever Ltd.

  • Interglobe Aviation Ltd.

  • Bharat Petroleum Corporation Ltd.

  • Godrej Consumer Products Ltd.

  • 7.26% Government of India (MD 06/02/2033)

  • Brigade Enterprises Ltd.

  • Tata Steel Ltd.

  • 7.51% Small Industries Development Bank of India (MD 12/06/2028)

  • 7.77% Power Finance Corporation Ltd. (MD 15/07/2026)

  • 7.34% Small Industries Development Bank of India (MD 26/02/2029)**

  • 7.70% REC Ltd. (MD 31/08/2026)**

  • Cipla Ltd.

  • Zomato Ltd.

  • 6.00% HDFC Bank Ltd. (MD 29/05/2026)

  • Zensar Technologies Ltd.

  • LIC Housing Finance Ltd.

  • Century Plyboards (India) Ltd.

  • 6.85% Mahanagar Telephone Nigam Ltd. (MD 20/12/2030)**

  • JSW Steel Ltd.

  • Jindal Steel & Power Ltd.

  • Onesource Specialty Pharma Ltd.

  • Craftsman Automation Ltd.

  • 7.59% REC Ltd. (MD 31/05/2027)**

  • Varun Beverages Ltd.

  • Mankind Pharma Ltd.

  • Indus Towers Ltd.

  • HDFC Asset Management Co. Ltd.

  • Lupin Ltd.

  • Havells India Ltd.

  • 7.56% India Infrastructure Finance Company Ltd. (MD 20/03/2028)**

  • LTIMindtree Ltd.

  • 6.24% State Bank of India( Tier II Bond under Basel III ) (MD 20/09/2030)**

  • International Gemmological Institute India Ltd.

  • Maruti Suzuki India Ltd.

  • Steel Authority of India Ltd.

  • 7.85% Bajaj Housing Finance Ltd. (MD 01/09/2028)**

  • Titan Company Ltd.

  • PI Industries Ltd.

  • Schaeffler India Ltd.

  • JSW Energy Ltd.

  • Mahanagar Gas Ltd.

  • Bank of Baroda

  • HCL Technologies Ltd.

  • Atul Ltd.

  • Eicher Motors Ltd.

  • JK Cement Ltd.

  • Kfin Technologies Ltd.

  • Grasim Industries Ltd.

  • Deepak Nitrite Ltd.

  • DLF Ltd.

  • 7.80% HDFC Bank Ltd. (MD 03/05/2033)**

  • GO Digit General Insurance Ltd.

  • 7.92% Bajaj Housing Finance Ltd. (MD 16/03/2026)**

  • IIFL Finance Ltd.

  • Tech Mahindra Ltd.

  • Arvind Ltd.

  • Adani Wilmar Ltd.

  • Go Fashion (India) Ltd.

  • ABB India Ltd.

  • IndusInd Bank Ltd.

  • Krishna Institute of Medical Sciences Ltd.

  • Avenue Supermarts Ltd.

  • JB Chemicals & Pharmaceuticals Ltd.

  • 7.64% National Bank for Agriculture and Rural Development (MD 06/12/2029)

  • REC Ltd.

  • Mphasis Ltd.

  • TBO Tek Ltd.

  • General Insurance Corporation of India

  • Escorts Kubota Ltd.

  • Apollo Hospitals Enterprise Ltd.

  • Greenply Industries Ltd.

  • Sai Life Sciences Ltd.

  • Crompton Greaves Consumer Electricals Ltd.

  • CARE Ratings Ltd.

  • 8.70% Bharti Telecom Ltd. (MD 05/12/2025)**

  • Divi's Laboratories Ltd.

  • Sagility India Ltd.

  • Gujarat State Petronet Ltd.

  • United Spirits Ltd.

  • Sona Blw Precision Forgings Ltd.

  • The Indian Hotels Company Ltd.

  • Gateway Distriparks Ltd.

  • Tata Power Company Ltd.

  • Prince Pipes and Fittings Ltd.

  • ACC Ltd.

  • Utkarsh Small Finance Bank Ltd.

  • Container Corporation of India Ltd.

  • SRF Ltd.

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  • Miscellaneous

  • Bank - Private

  • IT - Software

  • Pharmaceuticals & Drugs

  • Telecommunication - Service Provider

  • Refineries

  • Bank - Public

  • Finance - NBFC

  • Automobiles - Passenger Cars

  • Power Generation/Distribution

  • Electric Equipment

  • Cement & Construction Materials

  • Metal - Non Ferrous

  • Mining & Minerals

  • Steel & Iron Products

  • Engineering - Construction

  • Insurance

  • Household & Personal Products

  • Automobile Two & Three Wheelers

  • Finance Term Lending

  • Construction - Real Estate

  • Automobiles-Trucks/Lcv

  • Cigarettes/Tobacco

  • Wood & Wood Products

  • Oil Exploration

  • Chemicals

  • Auto Ancillary

  • Finance - Stock Broking

  • Industrial Gases & Fuels

  • Port

  • Defence

  • Airlines

  • Business Support

  • e-Commerce

  • Finance - Housing

  • Steel/Sponge Iron/Pig Iron

  • Gas Transmission/Marketing

  • Consumer Food

  • Retailing

  • Finance - Asset Management

  • Hospital & Healthcare Services

  • Diamond & Jewellery

  • Bearings

  • Pesticides & Agrochemicals

  • Depository Services

  • Diversified

  • Finance - Investment

  • Textile

  • Edible Oil

  • Travel Services

  • Automobiles-Tractors

  • Consumer Durables - Domestic Appliances

  • Ratings

  • Logistics

  • Breweries & Distilleries

  • Hotel, Resort & Restaurants

  • Plastic Products

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  • [ICRA]AAA

  • BWR AA+(CE)

  • Cash

  • CRISIL A1+

  • CRISIL AA+

  • CRISIL AAA

  • Equity

  • IND AAA

  • Sovereign

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About Mirae Asset Balanced Advantage Fund

Scheme Analysis

Mirae Asset Balanced Advantage Fund is a Hybrid - Dynamic Asset Allocation fund and belongs to Mirae Asset Mutual Fund. It was launched on 11-Aug-2022 and currently has an AUM of ₹1,765.74 crore. Mirae Asset Balanced Advantage Fund is benchmarked against NIFTY 50 - TRI as primary index and NIFTY 50 Hybrid Composite Debt 50:50 Index as secondary index.

The NAV of Mirae Asset Balanced Advantage Fund ended up ₹0.15(1.12%)yesterday to ₹13.672.

Among its top 3 holdings the fund has exposure to HDFC Bank Ltd., and

The Mirae Asset Balanced Advantage Fund is managed by Mahendra Kumar Jajoo and Harshad Borawake.

Fund House Contact

Unit 606, 6th Floor, Windsor Building, Off CST Road, Kalina, Santacruz (E), Mumbai - 400 098

022-67800300
022-67253940