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. Mahendra Kumar Jajoo is the Current Fund Manager of Mirae Asset Balanced Advantage Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹1,60,047 Cr and the Latest NAV as of 24 Apr 2024 is ₹12.82. The Mirae Asset Balanced Advantage Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. For units in excess of 15% of the investment,1% will be charged for redemption within 365 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. ;