1M
6M
1Y
All
| NAV: 11 Dec 2024 | ₹14.14 |
| Min. SIP amount | ₹99 |
| Rating | NA |
| Fund size | ₹1,770.05Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Dynamic Asset Allocation
Absolute returns
| 3M | 6M | 1Y | All | |
|---|---|---|---|---|
| Fund returns | 0.8% | 7.9% | 17.0% | 41.2% |
| Category average | NA | NA | 18.4% | NA |
| Rank with in category | 20 | 22 | 23 | NA |
Understand terms
Peer Comparison
| Hybrid, Dynamic Asset Allocation funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
HDFC Balanced Advantage Fund Direct Plan Growth | 5 | 23.6% | 23.1% | 96,535.51 |
Baroda BNP Paribas Balanced Advantage Fund Direct Growth | 4 | 22.1% | 15.2% | 4,186.97 |
ICICI Prudential Balanced Advantage Direct Growth | 4 | 16.7% | 13.4% | 62,050.92 |
Edelweiss Balanced Advantage Fund Direct Growth | 4 | 20.1% | 13.3% | 12,689.91 |
Kotak Balanced Advantage Fund Direct Growth | 4 | 20.1% | 13.3% | 17,205.51 |
Holdings (177)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | GOI Sec | 4.57% |
HDFC Bank Ltd. | Financial | Equity | 4.43% |
GOI | Sovereign | GOI Sec | 4.08% |
REC Ltd. | Financial | Debenture | 2.88% |
ICICI Bank Ltd. | Financial | Equity | 2.73% |
State Bank of India | Financial | Equity | 2.52% |
Bharti Airtel Ltd. | Communication | Equity | 2.49% |
Infosys Ltd. | Technology | Equity | 2.12% |
Reliance Industries Ltd. | Energy | Equity | 2.11% |
GOI | Sovereign | GOI Sec | 2.01% |
NTPC Ltd. | Energy | Equity | 1.88% |
Larsen & Toubro Ltd. | Construction | Equity | 1.86% |
Axis Bank Ltd. | Financial | Equity | 1.83% |
Coal India Ltd. | Energy | Equity | 1.61% |
Tata Consultancy Services Ltd. | Technology | Equity | 1.56% |
Indian Railway Finance Corporation Ltd. | Financial | Debenture | 1.44% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 1.43% |
GOI | Sovereign | GOI Sec | 1.41% |
Ambuja Cements Ltd. | Construction | Equity | 1.39% |
Shriram Finance Ltd | Financial | Equity | 1.37% |
Tata Motors Ltd. | Automobile | Equity | 1.25% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 1.22% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 1.20% |
LIC Housing Finance Ltd. | Financial | Debenture | 1.15% |
Aurobindo Pharma Ltd. | Healthcare | Equity | 1.14% |
TD Power Systems Ltd. | Capital Goods | Equity | 1.13% |
ITC Ltd. | Consumer Staples | Equity | 1.10% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 1.10% |
Bharat Petroleum Corporation Ltd. | Energy | Equity | 0.92% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 0.87% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 0.86% |
Multi Commodity Exchange Of India Ltd. | Services | Equity | 0.84% |
Power Finance Corporation Ltd. | Financial | Equity | 0.84% |
National Bank For Agriculture & Rural Development | Financial | Bonds | 0.81% |
SBI Life Insurance Company Ltd. | Insurance | Equity | 0.80% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 0.77% |
Oil And Natural Gas Corporation Ltd. | Energy | Equity | 0.77% |
Tata Steel Ltd. | Metals & Mining | Equity | 0.75% |
Bharat Electronics Ltd. | Capital Goods | Equity | 0.74% |
Zomato Ltd. | Services | Equity | 0.73% |
Hindustan Unilever Ltd. | Consumer Staples | Equity | 0.71% |
LIC Housing Finance Ltd. | Financial | Equity | 0.71% |
Brigade Enterprises Ltd. | Construction | Equity | 0.70% |
GAIL (India) Ltd. | Energy | Equity | 0.68% |
Glenmark Pharmaceuticals Ltd. | Healthcare | Equity | 0.68% |
Jindal Steel & Power Ltd. | Metals & Mining | Equity | 0.64% |
TVS Motor Company Ltd. | Automobile | Equity | 0.63% |
Vedanta Ltd. | Metals & Mining | Equity | 0.61% |
GOI | Sovereign | GOI Sec | 0.59% |
Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | Debenture | 0.58% |
Power Finance Corporation Ltd. | Financial | NCD | 0.57% |
REC Ltd. | Financial | Debenture | 0.57% |
Small Industries Devp. Bank of India Ltd. | Financial | Bonds | 0.57% |
HDFC Bank Ltd. | Financial | Debenture | 0.57% |
Torrent Pharmaceuticals Ltd. | Healthcare | Equity | 0.57% |
Zensar Technologies Ltd. | Technology | Equity | 0.57% |
PI Industries Ltd. | Chemicals | Equity | 0.55% |
Mahanagar Telephone Nigam Ltd. | Communication | Debenture | 0.54% |
REC Ltd. | Financial | Debenture | 0.52% |
Electronics Mart India Ltd. | Services | Equity | 0.51% |
JSW Steel Ltd. | Metals & Mining | Equity | 0.49% |
The Federal Bank Ltd. | Financial | Equity | 0.48% |
Steel Authority Of India Ltd. | Metals & Mining | Equity | 0.47% |
LTIMindtree Ltd. | Technology | Equity | 0.47% |
Titan Company Ltd. | Consumer Discretionary | Equity | 0.46% |
State Bank of India | Financial | Additional Tier 2 Bo | 0.45% |
Go Fashion (India) Ltd. | Services | Equity | 0.44% |
Bajaj Housing Finance Ltd. | Financial | Bonds/NCD | 0.43% |
Godrej Consumer Products Ltd. | Consumer Staples | Equity | 0.43% |
Havells India Ltd. | Capital Goods | Equity | 0.43% |
Maruti Suzuki India Ltd. | Automobile | Equity | 0.42% |
Craftsman Automation Ltd. | Automobile | Equity | 0.42% |
Kalyan Jewellers India Ltd. | Consumer Discretionary | Equity | 0.42% |
HCL Technologies Ltd. | Technology | Equity | 0.42% |
Indus Towers Ltd. | Communication | Equity | 0.41% |
Wipro Ltd. | Technology | Equity | 0.40% |
Interglobe Aviation Ltd. | Services | Equity | 0.40% |
Indusind Bank Ltd. | Financial | Equity | 0.38% |
DLF Ltd. | Construction | Equity | 0.37% |
IIFL Finance Ltd. | Financial | Equity | 0.37% |
SRF Ltd. | Diversified | Equity | 0.36% |
Voltas Ltd. | Consumer Discretionary | Equity | 0.34% |
Century Plyboards (India) Ltd. | Consumer Staples | Equity | 0.34% |
KFin Technologies Ltd. | Financial | Equity | 0.34% |
Cipla Ltd. | Healthcare | Equity | 0.34% |
Bajaj Finance Ltd. | Financial | Equity | 0.33% |
Go Digit General Insurance Ltd. | Insurance | Equity | 0.33% |
Arvind Ltd. | Textiles | Equity | 0.32% |
JK Cement Ltd. | Construction | Equity | 0.32% |
Tech Mahindra Ltd. | Technology | Equity | 0.32% |
Mankind Pharma Ltd. | Healthcare | Equity | 0.31% |
Biocon Ltd. | Healthcare | Equity | 0.31% |
Bajaj Housing Finance Ltd. | Financial | NCD | 0.29% |
HDB Financial Services Ltd. | Financial | NCD | 0.28% |
Bank Of Baroda | Financial | CD | 0.28% |
Escorts Kubota Ltd. | Automobile | Equity | 0.28% |
Krishna Institute of Medical Sciences Ltd | Healthcare | Equity | 0.28% |
Page Industries Ltd. | Textiles | Equity | 0.26% |
Greenply Industries Ltd. | Consumer Staples | Equity | 0.24% |
Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | Equity | 0.21% |
Sona BLW Precision Forgings Ltd. | Automobile | Equity | 0.21% |
JB Chemicals & Pharmaceuticals Ltd. | Healthcare | Equity | 0.20% |
Gujarat State Petronet Ltd. | Energy | Equity | 0.20% |
General Insurance Corporation of India | Insurance | Equity | 0.19% |
Prince Pipes and Fittings Ltd. | Chemicals | Equity | 0.17% |
Gateway Distriparks Ltd. | Services | Equity | 0.15% |
United Spirits Ltd. | Consumer Staples | Equity | 0.15% |
Tata Power Company Ltd. | Energy | Equity | 0.12% |
Utkarsh Small Finance Bank Ltd. | Financial | Equity | 0.12% |
Adani Ports and Special Economic Zone Ltd. | Services | Equity | 0.11% |
ACC Ltd. | Construction | Equity | 0.10% |
Eicher Motors Ltd. | Automobile | Equity | 0.09% |
REC Ltd. | Financial | Equity | 0.09% |
The Indian Hotels Company Ltd. | Services | Equity | 0.09% |
Deepak Nitrite Ltd. | Chemicals | Equity | 0.06% |
Container Corporation Of India Ltd. | Services | Equity | 0.06% |
Varun Beverages Ltd. | Consumer Staples | Equity | 0.05% |
TBO Tek Ltd. | Services | Equity | 0.05% |
Avalon Technologies Ltd. | Capital Goods | Equity | 0.04% |
Dixon Technologies (India) Ltd. | Capital Goods | Equity | 0.04% |
Canara Bank | Financial | Equity | 0.01% |
Cera Sanitaryware Ltd. | Construction | Equity | 0.00% |
Dabur India Ltd. | Consumer Staples | Equity | 0.00% |
Canara Bank | Financial | Futures | -0.01% |
Dixon Technologies (India) Ltd. | Capital Goods | Futures | -0.04% |
Container Corporation Of India Ltd. | Services | Futures | -0.06% |
Deepak Nitrite Ltd. | Chemicals | Futures | -0.06% |
The Indian Hotels Company Ltd. | Services | Futures | -0.09% |
Eicher Motors Ltd. | Automobile | Futures | -0.09% |
ACC Ltd. | Construction | Futures | -0.10% |
Shriram Finance Ltd | Financial | Futures | -0.11% |
Adani Ports and Special Economic Zone Ltd. | Services | Futures | -0.11% |
Tata Power Company Ltd. | Energy | Futures | -0.12% |
Vedanta Ltd. | Metals & Mining | Futures | -0.12% |
United Spirits Ltd. | Consumer Staples | Futures | -0.15% |
Indusind Bank Ltd. | Financial | Futures | -0.17% |
The Federal Bank Ltd. | Financial | Futures | -0.20% |
Axis Bank Ltd. | Financial | Futures | -0.24% |
Titan Company Ltd. | Consumer Discretionary | Futures | -0.25% |
TVS Motor Company Ltd. | Automobile | Futures | -0.25% |
Escorts Kubota Ltd. | Automobile | Futures | -0.28% |
ITC Ltd. | Consumer Staples | Futures | -0.28% |
Hindustan Unilever Ltd. | Consumer Staples | Futures | -0.30% |
Aurobindo Pharma Ltd. | Healthcare | Futures | -0.31% |
Biocon Ltd. | Healthcare | Futures | -0.31% |
Reliance Industries Ltd. | Energy | Futures | -0.32% |
Tech Mahindra Ltd. | Technology | Futures | -0.32% |
Oil And Natural Gas Corporation Ltd. | Energy | Futures | -0.32% |
Bajaj Finance Ltd. | Financial | Futures | -0.33% |
Cipla Ltd. | Healthcare | Futures | -0.34% |
Tata Consultancy Services Ltd. | Technology | Futures | -0.34% |
Voltas Ltd. | Consumer Discretionary | Futures | -0.34% |
LIC Housing Finance Ltd. | Financial | Futures | -0.35% |
Bharat Petroleum Corporation Ltd. | Energy | Futures | -0.36% |
DLF Ltd. | Construction | Futures | -0.38% |
Mahindra & Mahindra Ltd. | Automobile | Futures | -0.38% |
Tata Steel Ltd. | Metals & Mining | Futures | -0.38% |
SBI Life Insurance Company Ltd. | Insurance | Futures | -0.39% |
GAIL (India) Ltd. | Energy | Futures | -0.40% |
Wipro Ltd. | Technology | Futures | -0.41% |
HCL Technologies Ltd. | Technology | Futures | -0.42% |
Maruti Suzuki India Ltd. | Automobile | Futures | -0.42% |
Tata Motors Ltd. | Automobile | Futures | -0.44% |
State Bank of India | Financial | Futures | -0.46% |
Ambuja Cements Ltd. | Construction | Futures | -0.47% |
Steel Authority Of India Ltd. | Metals & Mining | Futures | -0.48% |
Larsen & Toubro Ltd. | Construction | Futures | -0.48% |
Hindalco Industries Ltd. | Metals & Mining | Futures | -0.48% |
JSW Steel Ltd. | Metals & Mining | Futures | -0.50% |
Jindal Steel & Power Ltd. | Metals & Mining | Futures | -0.54% |
PI Industries Ltd. | Chemicals | Futures | -0.55% |
NTPC Ltd. | Energy | Futures | -0.56% |
Kotak Mahindra Bank Ltd. | Financial | Futures | -0.64% |
Bharti Airtel Ltd. | Communication | Futures | -0.72% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Futures | -0.76% |
HDFC Bank Ltd. | Financial | Futures | -0.80% |
Coal India Ltd. | Energy | Futures | -1.03% |
See All
Pros and cons
Category: Hybrid Dynamic Asset Allocation
Pros
Lower expense ratio: 0.68%
Cons
1Y annualised returns lower than category average by 1.49%
Expense ratio, exit load and tax
Expense ratio: 0.68%
Inclusive of GST
Exit load
Exit load for units in excess of 15% of the investment,1% will be charged for redemption within 365 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
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹99 |
Fund management
Mahendra Kumar JajooJul 2022 - PresentView details
Mahendra Kumar Jajoo
Jul 2022 - Present
View details
Education
Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
Experience
Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.
Also manages these schemes
Harshad BorawakeJul 2022 - PresentView details
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
NAWebsite
www.miraeassetmf.co.in
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
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