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Mirae Asset Balanced Advantage Fund Direct Growth
+11.70%
3Y annualised
-0.49% 1D
NAV: 01 Jun '26
₹14.97
Min. for SIP
₹99
Fund size (AUM)
₹2,067.51 Cr
Expense ratio
0.72%
Rating
4
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹15,093 | +0.62% | |
| 6 months | ₹30,000 | ₹30,015 | +0.05% | |
| 1 year | ₹60,000 | ₹60,646 | +1.08% | |
| 3 years | ₹1,80,000 | ₹2,02,006 | +12.23% |
Holdings (189)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Cash Margin | Unspecified | Cash Margin | 13.22% |
| HDFC Bank Ltd | Financial | Equity | 5.22% |
| Repo | Unspecified | Repo | 3.50% |
| GOI Sec 7.18 14/08/2033 | Entities | GOI Securities | 3.43% |
| ICICI Bank Ltd | Financial | Equity | 3.33% |
| Bharti Airtel Ltd | Technology | Equity | 3.09% |
| State Bank of India | Financial | Equity | 3.00% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 2.84% |
| CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR 662 7.94 NCD 20MR29 FVRS1LAC | Financial | Bonds | 2.36% |
| Larsen & Toubro Ltd | Industrials | Equity | 1.87% |
| Mahindra & Mahindra Ltd | Consumer Discretionary | Equity | 1.75% |
| GOVERNMENT OF INDIA 34208 GOI 08AP34 7.1 FV RS 100 | Entities | GOI Securities | 1.67% |
| GOVERNMENT OF INDIA 35031 GOI 07OT34 6.79 FV RS 100 | Entities | GOI Securities | 1.56% |
| Axis Bank Ltd | Financial | Equity | 1.54% |
| SBI Life Insurance Company Ltd | Financial | Equity | 1.41% |
| Tata Steel Ltd | Materials | Equity | 1.36% |
| NTPC Ltd | Energy & Utilities | Equity | 1.25% |
| PIRAMAL FINANCE LIMITED 8.75 NCD 29OCT27 FVRS1LAC | Financial | Bonds/NCDs | 1.21% |
| MANAPPURAM FINANCE LIMITED 8.60 NCD 24MR28 FVRS1LAC | Financial | Debenture | 1.21% |
| Shriram Transport Finance Company Ltd | Financial | Equity | 1.21% |
| SUNDARAM FINANCE LIMITED SR Z8 7.45 NCD 16MR29 FVRS1LAC | Financial | Debenture | 1.20% |
| MUTHOOT FINANCE LIMITED OP I 7.88 NCD 22NV28 FVRS1LAC | Financial | Non Convertible Debenture | 1.19% |
| TORRENT PHARMACEUTICALS LTD SR 2 7.60 NCD 19JN29 FVRS1LAC | Healthcare | Non Convertible Debenture | 1.19% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26D 7.01 BD 16MR29 FVRS1LAC | Financial | Bonds | 1.19% |
| ICICI SECURITIES LIMITED SR 1 7.45 NCD 24NV28 FVRS1LAC | Financial | Debenture | 1.19% |
| CENTRAL GOVERNMENT LOAN 31280 GOI 17JN32 6.54 FV RS 100 | Entities | GOI Securities | 1.19% |
| STATE DEVELOPMENT LOAN 36257 HAR 30JL40 7.15 FV RS 100 | Unspecified | State Development Loan | 1.14% |
| Net Receivables | Unspecified | Net Receivables | 1.10% |
| Maruti Suzuki India Ltd | Consumer Discretionary | Equity | 1.08% |
| Sun Pharmaceutical Industries Ltd | Healthcare | Equity | 1.06% |
| TORRENT PHARMACEUTICALS LTD SR 1 7.45 NCD 19JN28 FVRS1LAC | Healthcare | Debenture | 0.96% |
| Bajaj Finance Ltd | Financial | Equity | 0.96% |
| MINDSPACE BUSINESS PARKS REIT SR NCD16 6.9601 NCD 08DC28 FVRS1LAC | Real Estate | Debenture | 0.95% |
| Infosys Ltd | Technology | Equity | 0.94% |
| Tata Consultancy Services Ltd | Technology | Equity | 0.94% |
| NATIONAL HOUSING BANK 7.59 BD 14JL27 FVRS1LAC | Financial | Debenture | 0.92% |
| Hindalco Industries Ltd | Materials | Equity | 0.91% |
| Ambuja Cements Ltd | Materials | Equity | 0.90% |
| Adani Ports and Special Economic Zone Ltd | Industrials | Equity | 0.89% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 0.85% |
| Zomato Ltd | Technology | Equity | 0.83% |
| Tata Motors Ltd | Consumer Discretionary | Equity | 0.79% |
| Titan Company Ltd | Consumer Discretionary | Equity | 0.79% |
| TVS Motor Company Ltd | Consumer Discretionary | Equity | 0.72% |
| KOTAK MAHINDRA INVESTMENTS LIMITED 7.4735 NCD 30OT28 FVRS1LAC | Financial | Debenture | 0.72% |
| Varun Beverages Ltd | Consumer Staples | Equity | 0.72% |
| Avenue Supermarts Ltd | Consumer Staples | Equity | 0.72% |
| Multi Commodity Exchange Of India Ltd | Financial | Equity | 0.71% |
| Laurus Labs Ltd | Healthcare | Equity | 0.70% |
| Oil & Natural Gas Corporation Ltd | Energy & Utilities | Equity | 0.69% |
| INDIAN BANK CD 05FEB27 | Financial | Certificate of Deposit | 0.69% |
| Indusind Bank Ltd | Financial | Equity | 0.69% |
| LG Electronics India Ltd. | Consumer Discretionary | Equity | 0.66% |
| ITC Ltd | Consumer Staples | Equity | 0.63% |
| KFin Technologies Ltd | Financial | Equity | 0.61% |
| Divi's Laboratories Ltd | Healthcare | Equity | 0.61% |
| Jindal Steel & Power Ltd | Materials | Equity | 0.61% |
| Eicher Motors Ltd | Consumer Discretionary | Equity | 0.61% |
| HDFC BANK LIMITED SR R006 7.78 NCD 13AP27 FVRS1CR | Financial | Debenture | 0.58% |
| Schaeffler India Ltd | Industrials | Equity | 0.58% |
| JSW Steel Ltd | Materials | Equity | 0.54% |
| Century Plyboards (India) Ltd | Materials | Equity | 0.54% |
| TD Power Systems Ltd | Industrials | Equity | 0.54% |
| Aurobindo Pharma Ltd | Healthcare | Equity | 0.54% |
| Bharat Electronics Ltd | Industrials | Equity | 0.53% |
| BSE Ltd | Financial | Equity | 0.53% |
| Glenmark Pharmaceuticals Ltd | Healthcare | Equity | 0.53% |
| HDFC Asset Management Company Ltd | Financial | Equity | 0.52% |
| Craftsman Automation Ltd | Consumer Discretionary | Equity | 0.51% |
| Sona BLW Precision Forgings Ltd | Consumer Discretionary | Equity | 0.50% |
| Onesource Specialty Pharma Ltd | Healthcare | Equity | 0.50% |
| GOVERNMENT OF INDIA 32584 GOI 06FB33 7.26 FV RS 100 | Entities | GOI Securities | 0.49% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR V 7.51 BD 12JU28 FVRS1LAC | Financial | Bonds | 0.48% |
| Power Finance Corporation Ltd | Financial | Equity | 0.48% |
| JSW Energy Ltd | Energy & Utilities | Equity | 0.48% |
| Godrej Consumer Products Ltd | Consumer Staples | Equity | 0.46% |
| Interglobe Aviation Ltd | Industrials | Equity | 0.42% |
| Sai Life Sciences Ltd. | Healthcare | Equity | 0.39% |
| ABB India Ltd | Industrials | Equity | 0.39% |
| INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED 7.56 NCD 20MR28 FVRS1LAC | Industrials | Debenture | 0.39% |
| Bharat Petroleum Corporation Ltd | Energy & Utilities | Equity | 0.37% |
| Indus Towers Ltd | Technology | Equity | 0.36% |
| Bharat Heavy Electricals Ltd | Industrials | Equity | 0.35% |
| Vishal Mega Mart Ltd. | Consumer Staples | Equity | 0.35% |
| Krishna Institute Of Medical Sciences Ltd | Healthcare | Equity | 0.34% |
| International Gemmological Institute (India) Ltd. | Consumer Discretionary | Equity | 0.34% |
| JK Cement Ltd | Materials | Equity | 0.33% |
| Eris Lifesciences Ltd | Healthcare | Equity | 0.32% |
| Atul Ltd | Materials | Equity | 0.32% |
| Canara Bank | Financial | Equity | 0.32% |
| Sagility India Ltd. | Industrials | Equity | 0.32% |
| JB Chemicals & Pharmaceuticals Ltd | Healthcare | Equity | 0.31% |
| The Federal Bank Ltd | Financial | Equity | 0.31% |
| Brigade Enterprises Ltd | Real Estate | Equity | 0.31% |
| Adani Enterprises Ltd | Materials | Equity | 0.30% |
| Zensar Technologies Ltd | Technology | Equity | 0.30% |
| Vedanta Ltd | Materials | Equity | 0.29% |
| Zinka Logistics Solutions Ltd. | Industrials | Equity | 0.29% |
| Dr. Lal Pathlabs Ltd | Healthcare | Equity | 0.28% |
| Ultratech Cement Ltd | Materials | Equity | 0.28% |
| Mphasis Ltd | Technology | Equity | 0.27% |
| Go Digit General Insurance Ltd. | Financial | Equity | 0.26% |
| LIC Housing Finance Ltd | Financial | Equity | 0.26% |
| CARE Ratings Ltd | Industrials | Equity | 0.26% |
| Crompton Greaves Consumer Electricals Ltd | Consumer Discretionary | Equity | 0.24% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR I 7.43 BD 31AU26 FVRS1LAC | Financial | Debenture | 0.24% |
| Cipla Ltd | Healthcare | Equity | 0.24% |
| Campus Activewear Ltd | Consumer Discretionary | Equity | 0.24% |
| Hindustan Unilever Ltd | Consumer Staples | Equity | 0.24% |
| GOVERNMENT OF INDIA 34238 GOI 22AP64 7.34 FV RS 100 | Entities | GOI Securities | 0.23% |
| Deepak Nitrite Ltd | Materials | Equity | 0.23% |
| DLF Ltd | Real Estate | Equity | 0.22% |
| LTIMindtree Ltd | Technology | Equity | 0.22% |
| GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100 | Entities | GOI Securities | 0.22% |
| Schloss Bangalore Ltd. | Consumer Discretionary | Equity | 0.21% |
| Swiggy Ltd. | Technology | Equity | 0.20% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25B 7.64 BD 06DC29 FVRS1LAC | Financial | Bonds | 0.19% |
| HDFC Life Insurance Co Ltd | Financial | Equity | 0.19% |
| General Insurance Corporation of India Ltd | Financial | Equity | 0.17% |
| RBL Bank Ltd | Financial | Equity | 0.17% |
| Greenply Industries Ltd | Materials | Equity | 0.16% |
| Biocon Ltd | Healthcare | Equity | 0.16% |
| Asian Paints Ltd | Materials | Equity | 0.13% |
| VEDANTA ALUMINIUM LIMITED EQ NEW F.V. RS.2/- | Energy & Utilities | Equity | 0.13% |
| Vedanta Aluminium Metal Ltd. | Materials | Equity | 0.13% |
| Vedanta Iron And Steel Ltd. | Materials | Equity | 0.13% |
| Vedanta Power Ltd. | Industrials | Equity | 0.13% |
| REC LIMITED SR 234-A 7.70 BD 31AG26 FVRS1LAC | Financial | Debenture | 0.12% |
| Gujarat State Petronet Ltd | Energy & Utilities | Equity | 0.12% |
| United Spirits Ltd | Consumer Staples | Equity | 0.11% |
| Tata Power Company Ltd | Energy & Utilities | Equity | 0.10% |
| Bank Of Baroda | Financial | Equity | 0.09% |
| Lupin Ltd | Healthcare | Equity | 0.09% |
| Gateway Distriparks Ltd | Industrials | Equity | 0.08% |
| Prince Pipes & Fittings Ltd | Industrials | Equity | 0.08% |
| Dalmia Bharat Ltd | Materials | Equity | 0.08% |
| The Indian Hotels Company Ltd | Consumer Discretionary | Equity | 0.07% |
| ICICI Lombard General Insurance Company Ltd | Financial | Equity | 0.06% |
| Punjab National Bank | Financial | Equity | 0.05% |
| National Aluminium Company Ltd | Materials | Equity | 0.05% |
| FSN E-Commerce Ventures Ltd | Consumer Discretionary | Equity | 0.05% |
| Container Corporation Of India Ltd | Industrials | Equity | 0.04% |
| Bajaj Finance Ltd Futures | Financial | Futures | -0.03% |
| Container Corpn. Of India Ltd Futures | Industrials | Futures | -0.04% |
| FSN E-Commerce Ventures Ltd | Consumer Discretionary | Futures | -0.05% |
| National Aluminium Co. Ltd Futures | Materials | Futures | -0.05% |
| Punjab National Bank Futures | Financial | Futures | -0.05% |
| ICICI Lombard General Insurance Company Limited | Financial | Futures | -0.06% |
| Bharat Heavy Electricals Ltd Futures | Industrials | Futures | -0.07% |
| Indian Hotels Co. Ltd Futures | Consumer Discretionary | Futures | -0.07% |
| Odisha Cement Ltd Futures | Materials | Futures | -0.08% |
| Lupin Ltd Futures | Healthcare | Futures | -0.09% |
| Bank Of Baroda Futures | Financial | Futures | -0.09% |
| Tata Power Co. Ltd Futures | Energy & Utilities | Futures | -0.10% |
| Adani Ports and Special Economic Zone Ltd Futures | Industrials | Futures | -0.11% |
| United Spirits Ltd Futures | Consumer Staples | Futures | -0.11% |
| Interglobe Aviation Ltd Futures | Industrials | Futures | -0.13% |
| Asian Paints Ltd Futures | Materials | Futures | -0.13% |
| Larsen & Toubro Ltd Futures | Industrials | Futures | -0.14% |
| Divi's Laboratories Ltd Futures | Healthcare | Futures | -0.16% |
| Ratnakar Bank Ltd Futures | Financial | Futures | -0.17% |
| HDFC Life Insurance Co Ltd Futures | Financial | Futures | -0.19% |
| HDFC Asset Management Company Ltd Futures | Financial | Futures | -0.20% |
| Shriram Transport Finance Co. Ltd Futures | Financial | Futures | -0.21% |
| DLF Ltd Futures | Real Estate | Futures | -0.23% |
| Cipla Ltd Futures | Healthcare | Futures | -0.24% |
| L I C Housing Finance Ltd Futures | Financial | Futures | -0.26% |
| Aurobindo Pharma Ltd Futures | Healthcare | Futures | -0.26% |
| Titan Company Ltd Futures | Consumer Discretionary | Futures | -0.28% |
| Reliance Industries Ltd Futures | Energy & Utilities | Futures | -0.28% |
| Ambuja Cements Ltd Futures | Materials | Futures | -0.30% |
| Adani Enterprises Ltd Futures | Materials | Futures | -0.30% |
| Federal Bank Ltd Futures | Financial | Futures | -0.31% |
| Oil & Natural Gas Corpn. Ltd Futures | Energy & Utilities | Futures | -0.31% |
| Canara Bank Futures | Financial | Futures | -0.32% |
| Maruti Suzuki India Ltd Futures | Consumer Discretionary | Futures | -0.32% |
| Tata Motors Ltd Futures | Consumer Discretionary | Futures | -0.43% |
| Tata Steel Ltd Futures | Materials | Futures | -0.45% |
| BSE Ltd. | Financial | Futures | -0.53% |
| JSW Steel Ltd Futures | Materials | Futures | -0.55% |
| SBI Life Insurance Company Limited | Financial | Futures | -0.58% |
| Mahindra & Mahindra Ltd Futures | Consumer Discretionary | Futures | -0.59% |
| Kotak Mahindra Bank Ltd Futures | Financial | Futures | -0.59% |
| HDFC Bank Ltd Futures | Financial | Futures | -0.60% |
| Eicher Motors Ltd Futures | Consumer Discretionary | Futures | -0.61% |
| Jindal Steel & Power Ltd Futures | Materials | Futures | -0.61% |
| Hindalco Industries Ltd Futures | Materials | Futures | -0.61% |
| Sun Pharmaceutical Inds. Ltd Futures | Healthcare | Futures | -0.62% |
| Bharti Airtel Ltd Futures | Technology | Futures | -0.71% |
See All
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹99
Returns and rankings
Annualised returns
Absolute returns
| Name | 6M | 1Y | 3Y | All |
|---|---|---|---|---|
| Fund returns | -1.5% | +3.3% | +11.7% | +11.2% |
| Category average (Hybrid Dynamic Asset Allocation) | +1.0% | +4.6% | +11.9% | -- |
| Rank (Hybrid Dynamic Asset Allocation) | -- | 7 | 15 | -- |
Exit load, stamp duty and tax
Exit load
Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
 | +1.40% | +19.66% | 901.32 | |
 | -1.32% | +14.81% | 1,05,377.65 | |
 | +3.79% | +12.00% | 70,551.44 | |
 | +2.34% | +11.82% | 9,620.30 | |
 | +3.01% | +11.58% | 3,661.26 | |
| Compare | ||||
Fund management
HBHarshad BorawakeJul 2022 - PresentView details
HB
Harshad Borawake
Jul 2022 - Present
View details
BBBasant BafnaDec 2025 - PresentView details
BB
Basant Bafna
Dec 2025 - Present
View details
About Mirae Asset Balanced Advantage Fund Direct Growth
Mirae Asset Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Harshad Borawake is the Current Fund Manager of Mirae Asset Balanced Advantage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,23,763 Cr and the Latest NAV as of 01 Jun 2026 is ₹14.97.
The Mirae Asset Balanced Advantage Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days.
;
Investment Objective
The scheme seeks to capitalize on the potential upside of equities while attempting 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.
Fund benchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index
Fund house
Rank (total assets)#13 in India
Total AUM₹2,23,763.22 Cr
Date of Incorporation30 Nov 2007
Launch Date30 Nov 2007
AddressUnit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
CustodianSBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer AgentKFin Tech
Email[email protected]
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,