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Mirae Asset Balanced Advantage Fund Direct Growth
Hybrid
Dynamic Asset Allocation
Very High Risk
+14.45%
3Y annualised
+0.13% 1D
NAV: 20 Feb '26
₹15.32
Min. for SIP
₹99
Fund size
₹2,007.15 Cr
Expense ratio
0.67%
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹15,092 | +0.61% | |
| 1 year | ₹60,000 | ₹62,799 | +4.67% | |
| 3 years | ₹1,80,000 | ₹2,11,877 | +17.71% |
Holdings (178)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 5.93% |
| GOI | Sovereign | GOI Sec | 3.59% |
| State Bank of India | Financial | Equity | 3.53% |
| ICICI Bank Ltd. | Financial | Equity | 3.05% |
| GOI | Sovereign | GOI Sec | 2.89% |
| Bharti Airtel Ltd. | Communication | Equity | 2.33% |
| Infosys Ltd. | Technology | Equity | 2.29% |
| Reliance Industries Ltd. | Energy | Equity | 2.28% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 1.99% |
| Axis Bank Ltd. | Financial | Equity | 1.81% |
| Larsen & Toubro Ltd. | Construction | Equity | 1.78% |
| GOI | Sovereign | GOI Sec | 1.75% |
| Tata Consultancy Services Ltd. | Technology | Equity | 1.45% |
| REC Ltd. | Financial | Debenture | 1.25% |
| Piramal Finance Pvt. Ltd. | Financial | Bonds/NCD | 1.25% |
| Torrent Pharmaceuticals Ltd. | Healthcare | NCD | 1.25% |
| Muthoot Finance Ltd. | Financial | NCD | 1.24% |
| GOI | Sovereign | GOI Sec | 1.24% |
| ICICI Securities Ltd. | Financial | Debenture | 1.23% |
| Housing & Urban Development Corporation Ltd. | Financial | Debenture | 1.23% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 1.23% |
| Haryana State | Others | SDL | 1.20% |
| Shriram Finance Ltd | Financial | Equity | 1.17% |
| NTPC Ltd. | Energy | Equity | 1.15% |
| ITC Ltd. | Consumer Staples | Equity | 1.09% |
| Tata Steel Ltd. | Metals & Mining | Equity | 1.09% |
| Ambuja Cements Ltd. | Construction | Equity | 1.06% |
| National Bank For Agriculture & Rural Development | Financial | Bonds | 1.05% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 1.00% |
| Torrent Pharmaceuticals Ltd. | Healthcare | Debenture | 1.00% |
| Mindspace Business Parks REIT | Construction | Debenture | 0.99% |
| Hindalco Industries Ltd. | Metals & Mining | Equity | 0.96% |
| National Housing Bank | Financial | Debenture | 0.95% |
| SBI Life Insurance Company Ltd. | Insurance | Equity | 0.95% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 0.93% |
| Vedanta Ltd. | Metals & Mining | Equity | 0.90% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 0.86% |
| Eternal Ltd. | Services | Equity | 0.84% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | Equity | 0.84% |
| Interglobe Aviation Ltd. | Services | Equity | 0.82% |
| TVS Motor Company Ltd. | Automobile | Equity | 0.78% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | Equity | 0.75% |
| Oil And Natural Gas Corporation Ltd. | Energy | Equity | 0.74% |
| Multi Commodity Exchange Of India Ltd. | Services | Equity | 0.69% |
| Varun Beverages Ltd. | Consumer Staples | Equity | 0.68% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 0.66% |
| TD Power Systems Ltd. | Capital Goods | Equity | 0.63% |
| LG Electronics India Ltd. | Consumer Discretionary | Equity | 0.62% |
| Indusind Bank Ltd. | Financial | Equity | 0.62% |
| Indus Towers Ltd. | Communication | Equity | 0.61% |
| Power Finance Corporation Ltd. | Financial | Equity | 0.61% |
| HDFC Bank Ltd. | Financial | Debenture | 0.60% |
| Bajaj Finance Ltd. | Financial | Equity | 0.59% |
| Avenue Supermarts Ltd. | Services | Equity | 0.59% |
| Jindal Steel Ltd. | Metals & Mining | Equity | 0.58% |
| Laurus Labs Ltd. | Healthcare | Equity | 0.58% |
| Bharat Electronics Ltd. | Capital Goods | Equity | 0.57% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 0.56% |
| Century Plyboards (India) Ltd. | Consumer Staples | Equity | 0.56% |
| Titan Company Ltd. | Consumer Discretionary | Equity | 0.54% |
| JSW Steel Ltd. | Metals & Mining | Equity | 0.54% |
| Aurobindo Pharma Ltd. | Healthcare | Equity | 0.53% |
| GOI | Sovereign | GOI Sec | 0.51% |
| KFin Technologies Ltd. | Financial | Equity | 0.50% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds | 0.50% |
| Craftsman Automation Ltd. | Automobile | Equity | 0.50% |
| REC Ltd. | Financial | Debenture | 0.50% |
| Sagility Ltd. | Services | Equity | 0.49% |
| Schaeffler India Ltd. | Capital Goods | Equity | 0.48% |
| REC Ltd. | Financial | Debenture | 0.45% |
| Bharat Petroleum Corporation Ltd. | Energy | Equity | 0.45% |
| BSE Ltd. | Services | Equity | 0.42% |
| India Infrastructure Finance Company Ltd. | Construction | Debenture | 0.40% |
| Godrej Consumer Products Ltd. | Consumer Staples | Equity | 0.39% |
| Zensar Technologies Ltd. | Technology | Equity | 0.39% |
| Bajaj Housing Finance Ltd. | Financial | Bonds/NCD | 0.38% |
| Brigade Enterprises Ltd. | Construction | Equity | 0.35% |
| Onesource Specialty Pharma Ltd. | Healthcare | Equity | 0.35% |
| JK Cement Ltd. | Construction | Equity | 0.35% |
| HCL Technologies Ltd. | Technology | Equity | 0.35% |
| Vishal Mega Mart Ltd. | Services | Equity | 0.34% |
| HDFC Asset Management Company Ltd. | Financial | Equity | 0.33% |
| LTIMindtree Ltd. | Technology | Equity | 0.32% |
| Ultratech Cement Ltd. | Construction | Equity | 0.32% |
| International Gemmological Institute (India) Ltd. | Consumer Discretionary | Equity | 0.31% |
| ABB India Ltd. | Capital Goods | Equity | 0.31% |
| Atul Ltd. | Chemicals | Equity | 0.30% |
| JSW Energy Ltd. | Capital Goods | Equity | 0.30% |
| Krishna Institute of Medical Sciences Ltd | Healthcare | Equity | 0.30% |
| Tech Mahindra Ltd. | Technology | Equity | 0.30% |
| BlackBuck Ltd. | Services | Equity | 0.29% |
| Sai Life Sciences Ltd. | Healthcare | Equity | 0.29% |
| JB Chemicals & Pharmaceuticals Ltd. | Healthcare | Equity | 0.29% |
| Go Digit General Insurance Ltd. | Insurance | Equity | 0.28% |
| Sona BLW Precision Forgings Ltd. | Automobile | Equity | 0.28% |
| Trent Ltd. | Services | Equity | 0.26% |
| Hindustan Unilever Ltd. | Consumer Staples | Equity | 0.26% |
| Care Ratings Ltd. | Services | Equity | 0.25% |
| Mahanagar Gas Ltd. | Energy | Equity | 0.25% |
| LIC Housing Finance Ltd. | Financial | Equity | 0.25% |
| DLF Ltd. | Construction | Equity | 0.25% |
| Small Industries Devp. Bank of India Ltd. | Financial | Bonds | 0.25% |
| Cipla Ltd. | Healthcare | Equity | 0.25% |
| GOI | Sovereign | GOI Sec | 0.25% |
| HDFC Life Insurance Co Ltd. | Insurance | Equity | 0.24% |
| Biocon Ltd. | Healthcare | Equity | 0.24% |
| GOI | Sovereign | GOI Sec | 0.23% |
| Swiggy Ltd. | Services | Equity | 0.23% |
| Deepak Nitrite Ltd. | Chemicals | Equity | 0.23% |
| Mphasis Ltd. | Technology | Equity | 0.22% |
| Leela Palaces Hotels & Resorts Ltd. | Services | Equity | 0.21% |
| National Bank For Agriculture & Rural Development | Financial | Bonds | 0.20% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Equity | 0.19% |
| General Insurance Corporation of India | Insurance | Equity | 0.17% |
| RBL Bank Ltd. | Financial | Equity | 0.15% |
| Greenply Industries Ltd. | Consumer Staples | Equity | 0.14% |
| Asian Paints Ltd. | Chemicals | Equity | 0.14% |
| Colgate-Palmolive (India) Ltd. | Consumer Staples | Equity | 0.14% |
| Gujarat State Petronet Ltd. | Energy | Equity | 0.13% |
| United Spirits Ltd. | Consumer Staples | Equity | 0.12% |
| Bank Of Baroda | Financial | Equity | 0.11% |
| Gateway Distriparks Ltd. | Services | Equity | 0.09% |
| Tata Power Company Ltd. | Energy | Equity | 0.09% |
| Westlife Foodworld Ltd. | Services | Equity | 0.09% |
| Lupin Ltd. | Healthcare | Equity | 0.08% |
| Dalmia Bharat Ltd. | Construction | Equity | 0.08% |
| The Indian Hotels Company Ltd. | Services | Equity | 0.08% |
| Prince Pipes and Fittings Ltd. | Chemicals | Equity | 0.08% |
| Container Corporation Of India Ltd. | Services | Equity | 0.04% |
| TVS Motor Company Ltd - Pref. Shares | Automobile | Pref. Shares | 0.01% |
| Kwality Wall's (India) Ltd. | Consumer Staples | Equity | 0.00% |
| Bajaj Finance Ltd. | Financial | Futures | -0.03% |
| Container Corporation Of India Ltd. | Services | Futures | -0.04% |
| The Indian Hotels Company Ltd. | Services | Futures | -0.08% |
| Dalmia Bharat Ltd. | Construction | Futures | -0.08% |
| Lupin Ltd. | Healthcare | Futures | -0.08% |
| HDFC Asset Management Company Ltd. | Financial | Futures | -0.08% |
| Tata Power Company Ltd. | Energy | Futures | -0.09% |
| Adani Ports and Special Economic Zone Ltd. | Services | Futures | -0.10% |
| Bank Of Baroda | Financial | Futures | -0.11% |
| United Spirits Ltd. | Consumer Staples | Futures | -0.12% |
| Colgate-Palmolive (India) Ltd. | Consumer Staples | Futures | -0.13% |
| Asian Paints Ltd. | Chemicals | Futures | -0.14% |
| Interglobe Aviation Ltd. | Services | Futures | -0.14% |
| Larsen & Toubro Ltd. | Construction | Futures | -0.14% |
| RBL Bank Ltd. | Financial | Futures | -0.15% |
| Shriram Finance Ltd | Financial | Futures | -0.16% |
| Divi's Laboratories Ltd. | Healthcare | Futures | -0.16% |
| Vedanta Ltd. | Metals & Mining | Futures | -0.20% |
| ITC Ltd. | Consumer Staples | Futures | -0.21% |
| Aurobindo Pharma Ltd. | Healthcare | Futures | -0.23% |
| Tata Consultancy Services Ltd. | Technology | Futures | -0.23% |
| HDFC Life Insurance Co Ltd. | Insurance | Futures | -0.25% |
| Cipla Ltd. | Healthcare | Futures | -0.25% |
| DLF Ltd. | Construction | Futures | -0.25% |
| LIC Housing Finance Ltd. | Financial | Futures | -0.25% |
| Trent Ltd. | Services | Futures | -0.26% |
| Titan Company Ltd. | Consumer Discretionary | Futures | -0.26% |
| Oil And Natural Gas Corporation Ltd. | Energy | Futures | -0.29% |
| Reliance Industries Ltd. | Energy | Futures | -0.29% |
| Tech Mahindra Ltd. | Technology | Futures | -0.30% |
| HCL Technologies Ltd. | Technology | Futures | -0.35% |
| Ambuja Cements Ltd. | Construction | Futures | -0.36% |
| Maruti Suzuki India Ltd. | Automobile | Futures | -0.36% |
| SBI Life Insurance Company Ltd. | Insurance | Futures | -0.41% |
| BSE Ltd. | Services | Futures | -0.42% |
| Tata Steel Ltd. | Metals & Mining | Futures | -0.42% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | Futures | -0.46% |
| State Bank of India | Financial | Futures | -0.53% |
| JSW Steel Ltd. | Metals & Mining | Futures | -0.54% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Futures | -0.56% |
| Jindal Steel Ltd. | Metals & Mining | Futures | -0.58% |
| Hindalco Industries Ltd. | Metals & Mining | Futures | -0.58% |
| Kotak Mahindra Bank Ltd. | Financial | Futures | -0.65% |
| Mahindra & Mahindra Ltd. | Automobile | Futures | -0.67% |
| HDFC Bank Ltd. | Financial | Futures | -0.74% |
| Bharti Airtel Ltd. | Communication | Futures | -0.76% |
| Infosys Ltd. | Technology | Futures | -0.84% |
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 | +4.1% | +13.4% | +14.4% | +12.8% |
| Category average (Hybrid Dynamic Asset Allocation) | +1.0% | +4.6% | +11.9% | -- |
| Rank (Hybrid Dynamic Asset Allocation) | -- | 4 | 10 | -- |
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) | |
|---|---|---|---|---|
HDFC Balanced Advantage Fund Direct Growth | +11.56% | +18.62% | 1,06,820.61 | |
SBI Balanced Advantage Fund Direct Growth | +12.24% | +15.08% | 40,202.72 | |
Nippon India Balanced Advantage Fund Direct Growth | +11.43% | +14.23% | 9,597.81 | |
ICICI Prudential Balanced Advantage Direct Growth | +13.64% | +14.19% | 70,343.40 | |
DSP Dynamic Asset Allocation Fund Direct Growth | +11.20% | +13.66% | 3,701.59 | |
| Compare | ||||
Fund management
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. Basant Bafna is the Current Fund Manager of Mirae Asset Balanced Advantage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,21,014 Cr and the Latest NAV as of 20 Feb 2026 is ₹15.32.
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₹2,21,013.51 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,