Mirae Asset Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
+13.62%
3Y annualised
-0.33% 1D
1M
6M
1Y
3Y
All
NAV: 16 Dec 2025
₹15.12
Rating
4
Min. SIP amount
₹99
Fund size
₹1,980.91Cr

Returns calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Holdings (182)

NameSectorInstrumentAssets
FinancialEquity5.72%
SovereignGOI Sec3.64%
FinancialEquity3.21%
FinancialDebenture3.02%
GOI
SovereignGOI Sec2.92%
FinancialEquity2.87%
CommunicationEquity2.47%
EnergyEquity2.34%
AutomobileEquity2.14%
ConstructionEquity1.85%
TechnologyEquity1.81%
GOI
SovereignGOI Sec1.78%
FinancialEquity1.64%
TechnologyEquity1.34%
AutomobileEquity1.31%
REC Ltd.
FinancialDebenture1.27%
Consumer StaplesEquity1.26%
Piramal Finance Pvt. Ltd.
FinancialBonds/NCD1.25%
SovereignGOI Sec1.25%
Muthoot Finance Ltd.
FinancialNCD1.25%
ICICI Securities Ltd.
FinancialDebenture1.25%
Housing & Urban Development Corporation Ltd.
FinancialDebenture1.24%
Hindalco Industries Ltd.
Metals & MiningCP1.24%
Haryana State
OthersSDL1.22%
HealthcareEquity1.15%
ConstructionEquity1.14%
FinancialBonds1.06%
EnergyEquity1.06%
FinancialEquity0.98%
FinancialEquity0.97%
Metals & MiningEquity0.95%
FinancialDebenture0.90%
Metals & MiningEquity0.86%
InsuranceEquity0.84%
HealthcareEquity0.79%
FinancialFRB0.75%
AutomobileEquity0.75%
ServicesEquity0.72%
Metals & MiningEquity0.70%
Capital GoodsEquity0.67%
EnergyEquity0.67%
Consumer DiscretionaryEquity0.67%
AutomobileEquity0.66%
ServicesEquity0.63%
HealthcareEquity0.63%
National Bank For Agriculture & Rural Development
FinancialBonds0.61%
ServicesEquity0.61%
HealthcareEquity0.60%
FinancialEquity0.60%
FinancialEquity0.58%
EnergyEquity0.56%
CommunicationEquity0.55%
Consumer StaplesEquity0.55%
TechnologyEquity0.54%
Metals & MiningEquity0.53%
ServicesEquity0.53%
Consumer DiscretionaryEquity0.53%
EnergyEquity0.53%
Consumer StaplesEquity0.53%
Capital GoodsEquity0.53%
Consumer StaplesEquity0.53%
SovereignGOI Sec0.52%
Metals & MiningEquity0.52%
Small Industries Devp. Bank of India Ltd.
FinancialBonds0.51%
AutomobileEquity0.50%
REC Ltd.
FinancialDebenture0.50%
ServicesEquity0.49%
ServicesEquity0.49%
FinancialEquity0.48%
REC Ltd.
FinancialDebenture0.46%
TechnologyEquity0.45%
ServicesEquity0.43%
Capital GoodsEquity0.42%
India Infrastructure Finance Company Ltd.
ConstructionDebenture0.41%
HealthcareEquity0.40%
Consumer StaplesEquity0.39%
FinancialBonds/NCD0.38%
ConstructionEquity0.37%
ChemicalsEquity0.36%
ConstructionEquity0.36%
TechnologyEquity0.33%
Consumer DiscretionaryEquity0.33%
ServicesEquity0.31%
InsuranceEquity0.31%
HealthcareEquity0.31%
ServicesEquity0.29%
ConstructionEquity0.29%
HealthcareEquity0.29%
EnergyEquity0.29%
ConstructionEquity0.29%
ChemicalsEquity0.29%
EnergyEquity0.28%
ServicesEquity0.28%
FinancialEquity0.26%
TechnologyEquity0.26%
InsuranceEquity0.26%
Small Industries Devp. Bank of India Ltd.
FinancialBonds0.26%
FinancialNCD0.25%
GOI
SovereignGOI Sec0.25%
ServicesEquity0.24%
Capital GoodsEquity0.24%
GOI
SovereignGOI Sec0.23%
HealthcareEquity0.23%
TechnologyEquity0.23%
HealthcareEquity0.23%
HealthcareEquity0.23%
ChemicalsEquity0.21%
FinancialEquity0.21%
Capital GoodsEquity0.21%
National Bank For Agriculture & Rural Development
FinancialBonds0.21%
ServicesEquity0.21%
InsuranceEquity0.18%
Consumer StaplesEquity0.17%
HealthcareEquity0.17%
ChemicalsEquity0.16%
FinancialEquity0.16%
AutomobileEquity0.15%
ConstructionEquity0.15%
Bharti Telecom Ltd.
CommunicationDebenture0.15%
Consumer StaplesEquity0.14%
AutomobileEquity0.13%
Consumer StaplesEquity0.13%
EnergyEquity0.13%
Consumer DiscretionaryEquity0.13%
TextilesEquity0.12%
FinancialEquity0.11%
AutomobileEquity0.10%
ServicesEquity0.10%
EnergyEquity0.09%
ServicesEquity0.09%
ChemicalsEquity0.09%
ServicesEquity0.09%
HealthcareEquity0.08%
ConstructionEquity0.08%
ServicesEquity0.04%
TVS Motor Company Ltd - Pref. Shares
AutomobilePref. Shares0.01%
AutomobileEquity0.00%
Bajaj Finance Ltd.
FinancialFutures-0.04%
Container Corporation Of India Ltd.
ServicesFutures-0.04%
Dalmia Bharat Ltd.
ConstructionFutures-0.08%
Lupin Ltd.
HealthcareFutures-0.08%
The Indian Hotels Company Ltd.
ServicesFutures-0.09%
Tata Power Company Ltd.
EnergyFutures-0.09%
Adani Ports and Special Economic Zone Ltd.
ServicesFutures-0.11%
Bank Of Baroda
FinancialFutures-0.11%
United Spirits Ltd.
Consumer StaplesFutures-0.13%
Shriram Finance Ltd
FinancialFutures-0.13%
Colgate-Palmolive (India) Ltd.
Consumer StaplesFutures-0.14%
Larsen & Toubro Ltd.
ConstructionFutures-0.15%
Vedanta Ltd.
Metals & MiningFutures-0.15%
Asian Paints Ltd.
ChemicalsFutures-0.16%
Divi's Laboratories Ltd.
HealthcareFutures-0.17%
Interglobe Aviation Ltd.
ServicesFutures-0.18%
Tata Consultancy Services Ltd.
TechnologyFutures-0.23%
Aurobindo Pharma Ltd.
HealthcareFutures-0.24%
Titan Company Ltd.
Consumer DiscretionaryFutures-0.26%
HDFC Life Insurance Co Ltd.
InsuranceFutures-0.26%
Hindustan Unilever Ltd.
Consumer StaplesFutures-0.26%
Tech Mahindra Ltd.
TechnologyFutures-0.26%
Oil And Natural Gas Corporation Ltd.
EnergyFutures-0.26%
LIC Housing Finance Ltd.
FinancialFutures-0.27%
DLF Ltd.
ConstructionFutures-0.29%
Cipla Ltd.
HealthcareFutures-0.29%
Trent Ltd.
ServicesFutures-0.29%
Reliance Industries Ltd.
EnergyFutures-0.32%
HCL Technologies Ltd.
TechnologyFutures-0.33%
PI Industries Ltd.
ChemicalsFutures-0.37%
Tata Steel Ltd.
Metals & MiningFutures-0.37%
Ambuja Cements Ltd.
ConstructionFutures-0.39%
Maruti Suzuki India Ltd.
AutomobileFutures-0.40%
SBI Life Insurance Company Ltd.
InsuranceFutures-0.41%
BSE Ltd.
ServicesFutures-0.44%
Tata Motors Passenger Vehicles Ltd.
AutomobileFutures-0.45%
State Bank of India
FinancialFutures-0.48%
Hindalco Industries Ltd.
Metals & MiningFutures-0.50%
JSW Steel Ltd.
Metals & MiningFutures-0.52%
Jindal Steel Ltd.
Metals & MiningFutures-0.54%
Sun Pharmaceutical Industries Ltd.
HealthcareFutures-0.65%
Kotak Mahindra Bank Ltd.
FinancialFutures-0.68%
Mahindra & Mahindra Ltd.
AutomobileFutures-0.74%
HDFC Bank Ltd.
FinancialFutures-0.81%
Bharti Airtel Ltd.
CommunicationFutures-0.81%
See All

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹99

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA6.9%13.6%13.1%
Category averageNA2.4%11.7%NA
Rank with in categoryNA512NA
Understand terms

Peer Comparison

Hybrid, Dynamic Asset Allocation fundsRating1Y3YFund Size(Cr)
5
4.4%18.2%1,07,971.20
5
8.4%14.9%39,337.41
4
10.4%14.1%69,867.93
4
7.9%13.7%3,635.61
4
5.5%13.3%9,662.22

Expense ratio, exit load and tax

Expense ratio: 0.74%

Inclusive of GST

Exit load

Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days.

Stamp duty

0.005% (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%.

Understand terms
Check past data

Fund management

Harshad Borawake
Jul 2022 - Present
View details

Education
Mr. Borawake is MBA(Finance) & B.E.(Polymers)
Experience
Prior to joining Mirae Asset Mutual Fund, he has worked with Motilal Oswal Securities Ltd. as Vice President and Capmetrics & Risk Solutions Private Ltd. as Research Analyst - Equity.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098
Phone
022-67800301 / 1800-2090-777
Launch Date
30 Nov 2007
E-mail
NA
Mirae Asset Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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