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Mirae Asset Balanced Advantage Fund Direct IDCW
+10.37%
3Y annualised
-0.01% 1D
NAV: 22 Sep '26
₹14.24
Min. for SIP
₹99
Fund size (AUM)
₹2,169.20 Cr
Expense ratio
--
Rating
4
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹14,960 | -0.27% | |
| 6 months | ₹30,000 | ₹30,439 | +1.46% | |
| 1 year | ₹60,000 | ₹61,171 | +1.95% | |
| 3 years | ₹1,80,000 | ₹1,99,710 | +10.95% |
Holdings (167)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Net Receivables | Unspecified | Net Receivables | 12.47% |
| HDFC Bank Ltd | Financial | Equity | 4.57% |
| ICICI Bank Ltd | Financial | Equity | 3.77% |
| Repo | Unspecified | Repo | 3.61% |
| GOI Sec 7.18 14/08/2033 | Entities | GOI Securities | 3.31% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 2.85% |
| State Bank of India | Financial | Equity | 2.84% |
| Bharti Airtel Ltd | Technology | Equity | 2.83% |
| TORRENT PHARMACEUTICALS LTD SR 2 7.60 NCD 19JN29 FVRS1LAC | Healthcare | Non Convertible Debenture | 2.29% |
| BAJAJ HOUSING FINANCE LIMITED 7.53 NCD 28SP29 FVRS1LAC | Financial | Non Convertible Debenture | 2.28% |
| MINDSPACE BUSINESS PARKS REIT SR 20 7.6335 NCD 26SP28 FVRS1LAC | Real Estate | Non Convertible Debenture | 2.26% |
| Mahindra & Mahindra Ltd | Consumer Discretionary | Equity | 1.65% |
| Axis Bank Ltd | Financial | Equity | 1.62% |
| GOVERNMENT OF INDIA 34208 GOI 08AP34 7.1 FV RS 100 | Entities | GOI Securities | 1.61% |
| GOVERNMENT OF INDIA 35031 GOI 07OT34 6.79 FV RS 100 | Entities | GOI Securities | 1.50% |
| Tata Steel Ltd | Materials | Equity | 1.40% |
| SBI Life Insurance Company Ltd | Financial | Equity | 1.39% |
| Shriram Transport Finance Company Ltd | Financial | Equity | 1.36% |
| Kotak Mahindra Bank Ltd | Financial | Equity | 1.31% |
| NTPC Ltd | Energy & Utilities | Equity | 1.19% |
| Laurus Labs Ltd | Healthcare | Equity | 1.16% |
| Larsen & Toubro Ltd | Industrials | Equity | 1.16% |
| TD Power Systems Ltd | Industrials | Equity | 1.15% |
| BAJAJ HOUSING FINANCE LIMITED 7.83 NCD 18MY29 FVRS1LAC | Financial | Non Convertible Debenture | 1.15% |
| MANAPPURAM FINANCE LIMITED 8.60 NCD 24MR28 FVRS1LAC | Financial | Debenture | 1.15% |
| CENTRAL GOVERNMENT LOAN 31280 GOI 17JN32 6.54 FV RS 100 | Entities | GOI Securities | 1.15% |
| BAJAJ FINANCE LIMITED 7.77 NCD 17AP29 FVRS1LAC | Financial | Non Convertible Debenture | 1.14% |
| CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR 662 7.94 NCD 20MR29 FVRS1LAC | Financial | Bonds | 1.14% |
| ICICI SECURITIES LIMITED SR 1 7.45 NCD 24NV28 FVRS1LAC | Financial | Debenture | 1.14% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26D 7.01 BD 16MR29 FVRS1LAC | Financial | Bonds | 1.13% |
| MUTHOOT FINANCE LIMITED OP I 7.88 NCD 22NV28 FVRS1LAC | Financial | Non Convertible Debenture | 1.13% |
| Bajaj Finance Ltd | Financial | Equity | 1.12% |
| Sun Pharmaceutical Industries Ltd | Healthcare | Equity | 1.11% |
| Titan Company Ltd | Consumer Discretionary | Equity | 1.10% |
| STATE DEVELOPMENT LOAN 36257 HAR 30JL40 7.15 FV RS 100 | Unspecified | State Development Loan | 1.10% |
| Maruti Suzuki India Ltd | Consumer Discretionary | Equity | 1.08% |
| Zomato Ltd | Technology | Equity | 1.05% |
| TVS Motor Company Ltd | Consumer Discretionary | Equity | 0.97% |
| Hindalco Industries Ltd | Materials | Equity | 0.94% |
| TORRENT PHARMACEUTICALS LTD SR 1 7.45 NCD 19JN28 FVRS1LAC | Healthcare | Debenture | 0.92% |
| Multi Commodity Exchange Of India Ltd | Financial | Equity | 0.89% |
| Tata Consultancy Services Ltd | Technology | Equity | 0.87% |
| Infosys Ltd | Technology | Equity | 0.86% |
| Divi's Laboratories Ltd | Healthcare | Equity | 0.85% |
| Adani Ports and Special Economic Zone Ltd | Industrials | Equity | 0.82% |
| Craftsman Automation Ltd | Consumer Discretionary | Equity | 0.80% |
| LG Electronics India Ltd. | Consumer Discretionary | Equity | 0.78% |
| Ambuja Cements Ltd | Materials | Equity | 0.77% |
| Bharat Electronics Ltd | Industrials | Equity | 0.68% |
| Sona BLW Precision Forgings Ltd | Consumer Discretionary | Equity | 0.67% |
| Avenue Supermarts Ltd | Consumer Staples | Equity | 0.67% |
| Eicher Motors Ltd | Consumer Discretionary | Equity | 0.65% |
| KFin Technologies Ltd | Financial | Equity | 0.63% |
| Vedanta Aluminium Metal Ltd | Materials | Equity | 0.63% |
| Central Depository Services (India) Ltd | Financial | Equity | 0.58% |
| Bharat Petroleum Corporation Ltd | Energy & Utilities | Equity | 0.58% |
| Jindal Steel & Power Ltd | Materials | Equity | 0.56% |
| Schaeffler India Ltd | Industrials | Equity | 0.54% |
| JSW Steel Ltd | Materials | Equity | 0.54% |
| Varun Beverages Ltd | Consumer Staples | Equity | 0.53% |
| Onesource Specialty Pharma Ltd | Healthcare | Equity | 0.51% |
| Sai Life Sciences Ltd. | Healthcare | Equity | 0.51% |
| Pine Labs Ltd. | Technology | Equity | 0.49% |
| Century Plyboards (India) Ltd | Materials | Equity | 0.49% |
| GOVERNMENT OF INDIA 32584 GOI 06FB33 7.26 FV RS 100 | Entities | GOI Securities | 0.47% |
| Krishna Institute Of Medical Sciences Ltd | Healthcare | Equity | 0.47% |
| MUTHOOT FINANCE LIMITED 8.65 NCD 31JN28 FVRS1LAC | Financial | Debenture | 0.46% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR V 7.51 BD 12JU28 FVRS1LAC | Financial | Bonds | 0.46% |
| Glenmark Pharmaceuticals Ltd | Healthcare | Equity | 0.43% |
| ITC Ltd | Consumer Staples | Equity | 0.43% |
| JSW Energy Ltd | Energy & Utilities | Equity | 0.42% |
| Kusumgar Ltd. | Consumer Discretionary | Equity | 0.41% |
| Foseco India Ltd | Materials | Equity | 0.40% |
| Zinka Logistics Solutions Ltd. | Industrials | Equity | 0.40% |
| ABB India Ltd | Industrials | Equity | 0.39% |
| Milky Mist Dairy Food Ltd. | Consumer Staples | Equity | 0.39% |
| Godrej Consumer Products Ltd | Consumer Staples | Equity | 0.39% |
| Dr. Lal Pathlabs Ltd | Healthcare | Equity | 0.38% |
| Tata Motors Ltd | Consumer Discretionary | Equity | 0.37% |
| Torrent Pharmaceuticals Ltd | Healthcare | Equity | 0.37% |
| INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED 7.56 NCD 20MR28 FVRS1LAC | Industrials | Debenture | 0.37% |
| Schloss Bangalore Ltd. | Consumer Discretionary | Equity | 0.37% |
| The Federal Bank Ltd | Financial | Equity | 0.36% |
| Life Insurance Corporation of India | Financial | Equity | 0.36% |
| Adani Enterprises Ltd | Materials | Equity | 0.34% |
| Oil & Natural Gas Corporation Ltd | Energy & Utilities | Equity | 0.34% |
| Dr. Reddy's Laboratories Ltd | Healthcare | Equity | 0.32% |
| International Gemmological Institute (India) Ltd. | Consumer Discretionary | Equity | 0.32% |
| Aurobindo Pharma Ltd | Healthcare | Equity | 0.30% |
| JK Cement Ltd | Materials | Equity | 0.30% |
| Eris Lifesciences Ltd | Healthcare | Equity | 0.30% |
| Vishal Mega Mart Ltd. | Consumer Staples | Equity | 0.30% |
| Campus Activewear Ltd | Consumer Discretionary | Equity | 0.29% |
| Atul Ltd | Materials | Equity | 0.29% |
| Canara Bank | Financial | Equity | 0.28% |
| Apollo Hospitals Enterprise Ltd | Healthcare | Equity | 0.28% |
| JSW Infrastructure Ltd | Industrials | Equity | 0.27% |
| Mphasis Ltd | Technology | Equity | 0.27% |
| Deepak Nitrite Ltd | Materials | Equity | 0.27% |
| Ultratech Cement Ltd | Materials | Equity | 0.26% |
| Tech Mahindra Ltd | Technology | Equity | 0.26% |
| Shiprocket Ltd. | Technology | Equity | 0.26% |
| Zensar Technologies Ltd | Technology | Equity | 0.25% |
| CARE Ratings Ltd | Industrials | Equity | 0.25% |
| Turtlemint Fintech Solutions Ltd. | Technology | Equity | 0.24% |
| GOVERNMENT OF INDIA 34238 GOI 22AP64 7.34 FV RS 100 | Entities | GOI Securities | 0.22% |
| Cipla Ltd | Healthcare | Equity | 0.21% |
| Go Digit General Insurance Ltd. | Financial | Equity | 0.21% |
| Power Finance Corporation Ltd | Financial | Equity | 0.20% |
| Crompton Greaves Consumer Electricals Ltd | Consumer Discretionary | Equity | 0.20% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25B 7.64 BD 06DC29 FVRS1LAC | Financial | Bonds | 0.18% |
| HDFC Asset Management Company Ltd | Financial | Equity | 0.18% |
| Gujarat Gas Ltd | Energy & Utilities | Equity | 0.18% |
| Interglobe Aviation Ltd | Industrials | Equity | 0.17% |
| HDFC Life Insurance Co Ltd | Financial | Equity | 0.17% |
| Greenply Industries Ltd | Materials | Equity | 0.16% |
| Nestle India Ltd | Consumer Staples | Equity | 0.14% |
| Asian Paints Ltd | Materials | Equity | 0.14% |
| United Spirits Ltd | Consumer Staples | Equity | 0.12% |
| Ashok Leyland Ltd | Industrials | Equity | 0.11% |
| Prince Pipes & Fittings Ltd | Industrials | Equity | 0.09% |
| Bank Of Baroda | Financial | Equity | 0.08% |
| Bharat Heavy Electricals Ltd | Industrials | Equity | 0.08% |
| The Indian Hotels Company Ltd | Consumer Discretionary | Equity | 0.08% |
| Tata Power Company Ltd | Energy & Utilities | Equity | 0.08% |
| Punjab National Bank | Financial | Equity | 0.05% |
| GSPL Transmission Ltd. | Energy & Utilities | Equity | 0.04% |
| Symbiotec Pharmalab Ltd. | Healthcare | Equity | 0.02% |
| Kirloskar Oil Engines Ltd | Industrials | Equity | 0.01% |
| Indusind Bank Ltd | Financial | Equity | 0.00% |
| Bajaj Finance Ltd Futures | Financial | Futures | -0.03% |
| Punjab National Bank Futures | Financial | Futures | -0.05% |
| Indian Hotels Co. Ltd Futures | Consumer Discretionary | Futures | -0.08% |
| Tata Power Co. Ltd Futures | Energy & Utilities | Futures | -0.08% |
| Bharat Heavy Electricals Ltd Futures | Industrials | Futures | -0.08% |
| Bank Of Baroda Futures | Financial | Futures | -0.08% |
| Adani Ports and Special Economic Zone Ltd Futures | Industrials | Futures | -0.10% |
| Ashok Leyland Ltd Futures | Industrials | Futures | -0.11% |
| United Spirits Ltd Futures | Consumer Staples | Futures | -0.12% |
| Asian Paints Ltd Futures | Materials | Futures | -0.13% |
| Larsen & Toubro Ltd Futures | Industrials | Futures | -0.14% |
| Nestle India Ltd Futures | Consumer Staples | Futures | -0.14% |
| HDFC Life Insurance Co Ltd Futures | Financial | Futures | -0.17% |
| HDFC Asset Management Company Ltd Futures | Financial | Futures | -0.18% |
| Cipla Ltd Futures | Healthcare | Futures | -0.21% |
| Divi's Laboratories Ltd Futures | Healthcare | Futures | -0.22% |
| Shriram Transport Finance Co. Ltd Futures | Financial | Futures | -0.23% |
| Reliance Industries Ltd Futures | Energy & Utilities | Futures | -0.25% |
| Ambuja Cements Ltd Futures | Materials | Futures | -0.26% |
| Canara Bank Futures | Financial | Futures | -0.28% |
| Aurobindo Pharma Ltd Futures | Healthcare | Futures | -0.30% |
| Maruti Suzuki India Ltd Futures | Consumer Discretionary | Futures | -0.31% |
| Titan Company Ltd Futures | Consumer Discretionary | Futures | -0.31% |
| Federal Bank Ltd Futures | Financial | Futures | -0.35% |
| Adani Enterprises Ltd Futures | Materials | Futures | -0.35% |
| Tata Steel Ltd Futures | Materials | Futures | -0.37% |
| Tata Motors Ltd Futures | Consumer Discretionary | Futures | -0.38% |
| HDFC Bank Ltd Futures | Financial | Futures | -0.53% |
| SBI Life Insurance Company Limited | Financial | Futures | -0.53% |
| JSW Steel Ltd Futures | Materials | Futures | -0.54% |
| Jindal Steel & Power Ltd Futures | Materials | Futures | -0.55% |
| Hindalco Industries Ltd Futures | Materials | Futures | -0.58% |
| Mahindra & Mahindra Ltd Futures | Consumer Discretionary | Futures | -0.61% |
| Kotak Mahindra Bank Ltd Futures | Financial | Futures | -0.63% |
| Sun Pharmaceutical Inds. Ltd Futures | Healthcare | Futures | -0.63% |
| Eicher Motors Ltd Futures | Consumer Discretionary | Futures | -0.65% |
| Bharti Airtel Ltd Futures | Technology | Futures | -0.67% |
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 | +5.8% | +3.9% | +10.4% | +11.2% |
| Category average (Hybrid Dynamic Asset Allocation) | +4.3% | +1.1% | +9.2% | +11.0% |
| Rank (Hybrid Dynamic Asset Allocation) | -- | 6 | 12 | -- |
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) | |
|---|---|---|---|---|
 | -- | -- | 41,802.81 | |
| -- | -- | 2,169.20 | |
 | -- | -- | 852.39 | |
 | -- | -- | 922.99 | |
 | -- | -- | 1,522.18 | |
| 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 IDCW
Mirae Asset Balanced Advantage Fund Direct IDCW 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 IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹2,43,129 Cr and the Latest NAV as of 22 Sep 2026 is ₹14.24.
The Mirae Asset Balanced Advantage Fund Direct IDCW 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.
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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₹2,43,129.00 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,