Mirae Asset Balanced Advantage Fund - Growth - Regular Plan

Other Plans and Options
  • 0.43 %Nav, as on 23-01-2025

  • Previous Nav

  • Net Change on 23-01-2025

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview Growth | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

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 - Regular Plan - Growth Option Aug 20, 2009 9.63 9.97 14.03 1.69 12,428.49
UTI - Unit Linked Insurance Plan Oct 01, 1971 10.62 6.55 9.28 1.64 5,433.67
DSP Dynamic Asset Allocation Fund - Regular Plan - Growth Feb 06, 2014 Unrated 11.34 9.37 9.84 1.93 3,178.88
Sundaram Balanced Advantage Fund (Formerly Known as Principal Balanced Advantage Fund) - Growth Option Dec 16, 2010 Unrated 8.76 9.36 9.81 2.08 1,533.40
Motilal Oswal Balanced Advantage Fund - Regular Plan - Growth Option Sep 27, 2016 -0.71 7.62 8.08 2.19 1,113.82

Fund Holdings as on 31-December-2024

  • TREPS

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

  • HDFC Bank Limited

  • 7.38% Government of India (20/06/2027)

  • 7.7% REC Limited (31/08/2026) **

  • ICICI Bank Limited

  • Bharti Airtel Limited

  • Infosys Limited

  • State Bank of India

  • 7.1% Government of India (08/04/2034)

  • Reliance Industries Limited

  • Axis Bank Limited

  • Larsen & Toubro Limited

  • Tata Consultancy Services Limited

  • NTPC Limited

  • 7.68% Indian Railway Finance Corporation Limited (24/11/2026) **

  • 7.58% Power Finance Corporation Limited (15/01/2026) **

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

  • Mahindra & Mahindra Limited

  • Coal India Limited

  • Ambuja Cements Limited

  • Shriram Finance Limited

  • Kotak Mahindra Bank Limited

  • TD Power Systems Limited

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

  • 8.1% Bajaj Finance Limited (08/01/2027) **

  • Tata Motors Limited

  • Aurobindo Pharma Limited

  • Hindalco Industries Limited

  • 7.55% Power Finance Corporation Limited (15/07/2026) **

  • Zomato Limited

  • ITC Limited

  • Bharat Petroleum Corporation Limited

  • 7.8% National Bank For Agriculture and Rural Development (15/03/2027) **

  • 8.3% Godrej Properties Limited (19/03/2027) **

  • 7.5% National Bank For Agriculture and Rural Development (31/08/2026) **

  • Power Finance Corporation Limited

  • Bajaj Finance Limited

  • 7.64% National Bank For Agriculture and Rural Development (06/12/2029) **

  • Multi Commodity Exchange of India Limited

  • Sun Pharmaceutical Industries Limited

  • SBI Life Insurance Company Limited

  • Bharat Electronics Limited

  • Brigade Enterprises Limited

  • Tata Steel Limited

  • Oil & Natural Gas Corporation Limited

  • Hindustan Unilever Limited

  • Jindal Steel & Power Limited

  • International Gemmological Institute India Pvt Ltd

  • Glenmark Pharmaceuticals Limited

  • Vedanta Limited

  • Zensar Technologies Limited

  • TVS Motor Company Limited

  • LIC Housing Finance Limited

  • Torrent Pharmaceuticals Limited

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

  • 7.9% Jamnagar Utilities & Power Private Limited (10/08/2028) **

  • Craftsman Automation Limited

  • 7.51% Small Industries Dev Bank of India (12/06/2028) **

  • 6.88% REC Limited (20/03/2025) **

  • 5.9% HDFC Bank Limited (25/02/2025)

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

  • LTIMindtree Limited

  • 6.85% Mahanagar Telephone Nigam Limited (20/12/2030) **

  • 7.59% REC Limited (31/05/2027) **

  • KFin Technologies Limited

  • Havells India Limited

  • Net Receivables / (Payables)

  • Steel Authority of India Limited

  • JSW Steel Limited

  • Godrej Consumer Products Limited

  • Titan Company Limited

  • 6.24% State Bank of India (20/09/2030) **

  • HCL Technologies Limited

  • InterGlobe Aviation Limited

  • PI Industries Limited

  • Wipro Limited

  • 7.85% Bajaj Housing Finance Limited (01/09/2028) **

  • Maruti Suzuki India Limited

  • Indus Towers Limited

  • GAIL (India) Limited

  • DLF Limited

  • The Federal Bank Limited

  • Voltas Limited

  • Go Fashion (India) Limited

  • Biocon Limited

  • SRF Limited

  • Arvind Limited

  • IIFL Finance Limited

  • IndusInd Bank Limited

  • Varun Beverages Limited

  • JK Cement Limited

  • Tech Mahindra Limited

  • Cipla Limited

  • Century Plyboards (India) Limited

  • Go Digit General Insurance Limited

  • TBO Tek Limited

  • Mankind Pharma Limited

  • Krishna Institute Of Medical Sciences Limited

  • 7.9237% Bajaj Housing Finance Limited (16/03/2026)

  • 6% HDB Financial Services Limited (19/06/2025) **

  • Page Industries Limited

  • General Insurance Corporation of India

  • Escorts Kubota Limited

  • Greenply Industries Limited

  • Crompton Greaves Consumer Electricals Limited

  • Sai Life Sciences Limited

  • Gujarat State Petronet Limited

  • Divi's Laboratories Limited

  • Sona BLW Precision Forgings Limited

  • 8.7% Bharti Telecom Limited (05/12/2025) **

  • United Spirits Limited

  • Prince Pipes And Fittings Limited

  • Gateway Distriparks Limited

  • JB Chemicals & Pharmaceuticals Limited

  • The Indian Hotels Company Limited

  • Tata Power Company Limited

  • Lupin Limited

  • Bank of Baroda

  • Utkarsh Small Finance Bank Ltd

  • Adani Ports and Special Economic Zone Limited

  • Eicher Motors Limited

  • REC Limited

  • Vishal Mega Mart Limited

  • ACC Limited

  • Container Corporation of India Limited

  • Dixon Technologies (India) Limited

  • Avenue Supermarts Limited

  • HDFC Asset Management Company Limited

  • Canara Bank

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  • Miscellaneous

  • Bank - Private

  • IT - Software

  • Pharmaceuticals & Drugs

  • Refineries

  • Telecommunication - Service Provider

  • Bank - Public

  • Finance - NBFC

  • Automobiles - Passenger Cars

  • Cement & Construction Materials

  • Electric Equipment

  • Metal - Non Ferrous

  • Engineering - Construction

  • Power Generation/Distribution

  • Steel & Iron Products

  • Mining & Minerals

  • Insurance

  • Household & Personal Products

  • Construction - Real Estate

  • Automobiles-Trucks/Lcv

  • e-Commerce

  • Finance Term Lending

  • Cigarettes/Tobacco

  • Finance - Stock Broking

  • Defence

  • Auto Ancillary

  • Automobile Two & Three Wheelers

  • Oil Exploration

  • Steel/Sponge Iron/Pig Iron

  • Business Support

  • Textile

  • Finance - Housing

  • Wood & Wood Products

  • Depository Services

  • Retailing

  • Pesticides & Agrochemicals

  • Diamond & Jewellery

  • Airlines

  • Industrial Gases & Fuels

  • Air Conditioners

  • Chemicals

  • Finance - Investment

  • Consumer Food

  • Travel Services

  • Hospital & Healthcare Services

  • Automobiles-Tractors

  • Consumer Durables - Domestic Appliances

  • Logistics

  • Gas Transmission/Marketing

  • Breweries & Distilleries

  • Plastic Products

  • Hotel, Resort & Restaurants

  • Port

  • Consumer Durables - Electronics

  • Finance - Asset Management

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  • BWR AA+(CE)

  • Cash

  • CRISIL AA+

  • CRISIL AAA

  • Equity

  • ICRA AA+

  • ICRA 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 ₹1,779.30 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 ₹0.06(0.43%)yesterday to ₹13.218.

Among its top 3 holdings the fund has exposure to TREPS, 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