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. Mahendra Kumar Jajoo is the Current Fund Manager of Mirae Asset Balanced Advantage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,81,758 Cr and the Latest NAV as of 10 Jan 2025 is ₹13.73. The Mirae Asset Balanced Advantage Fund Direct Growth is rated Moderately 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. ;