Mirae Asset Balanced Advantage Fund Growth

Mirae Asset Balanced Advantage Fund Growth

+8.75%
3Y annualised
-0.08% 1D
1M
6M
1Y
3Y
All
NAV: 08 Sep '26
₹14.67
Min. for SIP
₹99
Fund size (AUM)
₹2,166.78 Cr
Expense ratio
2.28%
Rating
3

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
3 months₹15,000₹14,971
-0.19%
6 months₹30,000₹30,516
+1.72%
1 year₹60,000₹61,078
+1.80%
3 years₹1,80,000₹1,96,766
+9.31%

Holdings (164)

NameSectorInstrumentsAssets
Net ReceivablesUnspecifiedNet Receivables12.38%
HDFC Bank LtdFinancialEquity4.83%
RepoUnspecifiedRepo4.53%
ICICI Bank LtdFinancialEquity3.72%
GOI Sec 7.18 14/08/2033EntitiesGOI Securities3.33%
Bharti Airtel LtdTechnologyEquity3.08%
Reliance Industries LtdEnergy & UtilitiesEquity2.82%
State Bank of IndiaFinancialEquity2.75%
BAJAJ HOUSING FINANCE LIMITED 7.53 NCD 28SP29 FVRS1LACFinancialNon Convertible Debenture2.31%
TORRENT PHARMACEUTICALS LTD SR 2 7.60 NCD 19JN29 FVRS1LACHealthcareNon Convertible Debenture2.30%
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED SR 662 7.94 NCD 20MR29 FVRS1LACFinancialBonds2.25%
Mahindra & Mahindra LtdConsumer DiscretionaryEquity1.71%
GOVERNMENT OF INDIA 34208 GOI 08AP34 7.1 FV RS 100EntitiesGOI Securities1.62%
Axis Bank LtdFinancialEquity1.53%
GOVERNMENT OF INDIA 35031 GOI 07OT34 6.79 FV RS 100EntitiesGOI Securities1.51%
SBI Life Insurance Company LtdFinancialEquity1.50%
Tata Steel LtdMaterialsEquity1.44%
NTPC LtdEnergy & UtilitiesEquity1.38%
Larsen & Toubro LtdIndustrialsEquity1.37%
Shriram Transport Finance Company LtdFinancialEquity1.29%
Bajaj Finance LtdFinancialEquity1.22%
BAJAJ HOUSING FINANCE LIMITED 7.83 NCD 18MY29 FVRS1LACFinancialNon Convertible Debenture1.16%
CENTRAL GOVERNMENT LOAN 31280 GOI 17JN32 6.54 FV RS 100EntitiesGOI Securities1.15%
MANAPPURAM FINANCE LIMITED 8.60 NCD 24MR28 FVRS1LACFinancialDebenture1.15%
BAJAJ FINANCE LIMITED 7.77 NCD 17AP29 FVRS1LACFinancialNon Convertible Debenture1.15%
ICICI SECURITIES LIMITED SR 1 7.45 NCD 24NV28 FVRS1LACFinancialDebenture1.15%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26D 7.01 BD 16MR29 FVRS1LACFinancialBonds1.14%
Maruti Suzuki India LtdConsumer DiscretionaryEquity1.14%
MUTHOOT FINANCE LIMITED OP I 7.88 NCD 22NV28 FVRS1LACFinancialNon Convertible Debenture1.14%
Sun Pharmaceutical Industries LtdHealthcareEquity1.12%
STATE DEVELOPMENT LOAN 36257 HAR 30JL40 7.15 FV RS 100UnspecifiedState Development Loan1.11%
Laurus Labs LtdHealthcareEquity1.10%
Eicher Motors LtdConsumer DiscretionaryEquity1.07%
Kotak Mahindra Bank LtdFinancialEquity1.02%
Zomato LtdTechnologyEquity0.97%
TVS Motor Company LtdConsumer DiscretionaryEquity0.97%
Titan Company LtdConsumer DiscretionaryEquity0.96%
TORRENT PHARMACEUTICALS LTD SR 1 7.45 NCD 19JN28 FVRS1LACHealthcareDebenture0.92%
MINDSPACE BUSINESS PARKS REIT SR NCD16 6.9601 NCD 08DC28 FVRS1LACReal EstateDebenture0.91%
Adani Ports and Special Economic Zone LtdIndustrialsEquity0.87%
Infosys LtdTechnologyEquity0.85%
Tata Consultancy Services LtdTechnologyEquity0.85%
Ambuja Cements LtdMaterialsEquity0.83%
Hindalco Industries LtdMaterialsEquity0.81%
Bharat Electronics LtdIndustrialsEquity0.73%
Divi's Laboratories LtdHealthcareEquity0.72%
Multi Commodity Exchange Of India LtdFinancialEquity0.71%
Craftsman Automation LtdConsumer DiscretionaryEquity0.71%
LG Electronics India Ltd.Consumer DiscretionaryEquity0.68%
HDFC Asset Management Company LtdFinancialEquity0.68%
TD Power Systems LtdIndustrialsEquity0.68%
Avenue Supermarts LtdConsumer StaplesEquity0.67%
Vedanta Aluminium Metal LtdMaterialsEquity0.66%
Sona BLW Precision Forgings LtdConsumer DiscretionaryEquity0.64%
KFin Technologies LtdFinancialEquity0.61%
Bharat Petroleum Corporation LtdEnergy & UtilitiesEquity0.57%
Glenmark Pharmaceuticals LtdHealthcareEquity0.57%
Schaeffler India LtdIndustrialsEquity0.55%
Onesource Specialty Pharma LtdHealthcareEquity0.55%
JSW Steel LtdMaterialsEquity0.52%
Jindal Steel & Power LtdMaterialsEquity0.52%
Century Plyboards (India) LtdMaterialsEquity0.52%
Krishna Institute Of Medical Sciences LtdHealthcareEquity0.50%
GOVERNMENT OF INDIA 32584 GOI 06FB33 7.26 FV RS 100EntitiesGOI Securities0.48%
ITC LtdConsumer StaplesEquity0.47%
MUTHOOT FINANCE LIMITED 8.65 NCD 31JN28 FVRS1LACFinancialDebenture0.46%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR V 7.51 BD 12JU28 FVRS1LACFinancialBonds0.46%
Sai Life Sciences Ltd.HealthcareEquity0.46%
JSW Energy LtdEnergy & UtilitiesEquity0.45%
Godrej Consumer Products LtdConsumer StaplesEquity0.44%
Varun Beverages LtdConsumer StaplesEquity0.42%
Pine Labs Ltd.TechnologyEquity0.42%
Kusumgar Ltd.Consumer DiscretionaryEquity0.41%
Tata Motors LtdConsumer DiscretionaryEquity0.41%
Aurobindo Pharma LtdHealthcareEquity0.40%
Dr. Lal Pathlabs LtdHealthcareEquity0.38%
Torrent Pharmaceuticals LtdHealthcareEquity0.37%
ABB India LtdIndustrialsEquity0.37%
INDIA INFRASTRUCTURE FINANCE COMPANY LIMITED 7.56 NCD 20MR28 FVRS1LACIndustrialsDebenture0.37%
The Federal Bank LtdFinancialEquity0.36%
Zinka Logistics Solutions Ltd.IndustrialsEquity0.36%
Adani Enterprises LtdMaterialsEquity0.36%
Oil & Natural Gas Corporation LtdEnergy & UtilitiesEquity0.35%
International Gemmological Institute (India) Ltd.Consumer DiscretionaryEquity0.33%
Indusind Bank LtdFinancialEquity0.33%
JK Cement LtdMaterialsEquity0.32%
Schloss Bangalore Ltd.Consumer DiscretionaryEquity0.32%
Eris Lifesciences LtdHealthcareEquity0.32%
Atul LtdMaterialsEquity0.30%
Vishal Mega Mart Ltd.Consumer StaplesEquity0.29%
Apollo Hospitals Enterprise LtdHealthcareEquity0.28%
Zensar Technologies LtdTechnologyEquity0.28%
Canara BankFinancialEquity0.28%
Ultratech Cement LtdMaterialsEquity0.28%
Tech Mahindra LtdTechnologyEquity0.27%
Mphasis LtdTechnologyEquity0.26%
Power Finance Corporation LtdFinancialEquity0.26%
Deepak Nitrite LtdMaterialsEquity0.26%
JSW Infrastructure LtdIndustrialsEquity0.25%
CARE Ratings LtdIndustrialsEquity0.25%
Campus Activewear LtdConsumer DiscretionaryEquity0.24%
GOVERNMENT OF INDIA 34238 GOI 22AP64 7.34 FV RS 100EntitiesGOI Securities0.22%
Crompton Greaves Consumer Electricals LtdConsumer DiscretionaryEquity0.22%
Cipla LtdHealthcareEquity0.22%
Hindustan Unilever LtdConsumer StaplesEquity0.21%
Go Digit General Insurance Ltd.FinancialEquity0.20%
Turtlemint Fintech Solutions Ltd.TechnologyEquity0.20%
Max Healthcare Institute LtdHealthcareEquity0.20%
Gujarat Gas LtdEnergy & UtilitiesEquity0.19%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25B 7.64 BD 06DC29 FVRS1LACFinancialBonds0.19%
Indus Towers LtdTechnologyEquity0.18%
HDFC Life Insurance Co LtdFinancialEquity0.17%
Interglobe Aviation LtdIndustrialsEquity0.17%
Petronet LNG LtdEnergy & UtilitiesEquity0.17%
Greenply Industries LtdMaterialsEquity0.16%
Nestle India LtdConsumer StaplesEquity0.15%
Asian Paints LtdMaterialsEquity0.14%
United Spirits LtdConsumer StaplesEquity0.12%
Ashok Leyland LtdIndustrialsEquity0.10%
Tata Power Company LtdEnergy & UtilitiesEquity0.08%
Bank Of BarodaFinancialEquity0.08%
The Indian Hotels Company LtdConsumer DiscretionaryEquity0.08%
Prince Pipes & Fittings LtdIndustrialsEquity0.08%
Bharat Heavy Electricals LtdIndustrialsEquity0.07%
Punjab National BankFinancialEquity0.05%
INDO-MIM Ltd.IndustrialsEquity0.05%
GSPL Transmission Ltd.Energy & UtilitiesEquity0.04%
Bajaj Finance Ltd FuturesFinancialFutures-0.04%
Punjab National Bank FuturesFinancialFutures-0.05%
Bharat Heavy Electricals Ltd FuturesIndustrialsFutures-0.07%
Indian Hotels Co. Ltd FuturesConsumer DiscretionaryFutures-0.08%
Bank Of Baroda FuturesFinancialFutures-0.08%
Tata Power Co. Ltd FuturesEnergy & UtilitiesFutures-0.08%
Ashok Leyland Ltd FuturesIndustrialsFutures-0.10%
Adani Ports and Special Economic Zone Ltd FuturesIndustrialsFutures-0.11%
United Spirits Ltd FuturesConsumer StaplesFutures-0.12%
Larsen & Toubro Ltd FuturesIndustrialsFutures-0.13%
Asian Paints Ltd FuturesMaterialsFutures-0.14%
Nestle India Ltd FuturesConsumer StaplesFutures-0.15%
HDFC Life Insurance Co Ltd FuturesFinancialFutures-0.17%
HDFC Asset Management Company Ltd FuturesFinancialFutures-0.18%
Divi's Laboratories Ltd FuturesHealthcareFutures-0.19%
Cipla Ltd FuturesHealthcareFutures-0.22%
Shriram Transport Finance Co. Ltd FuturesFinancialFutures-0.22%
Reliance Industries Ltd FuturesEnergy & UtilitiesFutures-0.25%
Canara Bank FuturesFinancialFutures-0.28%
Aurobindo Pharma Ltd FuturesHealthcareFutures-0.28%
Ambuja Cements Ltd FuturesMaterialsFutures-0.28%
Titan Company Ltd FuturesConsumer DiscretionaryFutures-0.30%
Maruti Suzuki India Ltd FuturesConsumer DiscretionaryFutures-0.32%
Adani Enterprises Ltd FuturesMaterialsFutures-0.36%
Federal Bank Ltd FuturesFinancialFutures-0.36%
Tata Steel Ltd FuturesMaterialsFutures-0.39%
Tata Motors Ltd FuturesConsumer DiscretionaryFutures-0.41%
Jindal Steel & Power Ltd FuturesMaterialsFutures-0.52%
JSW Steel Ltd FuturesMaterialsFutures-0.53%
Hindalco Industries Ltd FuturesMaterialsFutures-0.55%
HDFC Bank Ltd FuturesFinancialFutures-0.55%
SBI Life Insurance Company LimitedFinancialFutures-0.57%
Kotak Mahindra Bank Ltd FuturesFinancialFutures-0.57%
Mahindra & Mahindra Ltd FuturesConsumer DiscretionaryFutures-0.61%
Eicher Motors Ltd FuturesConsumer DiscretionaryFutures-0.64%
Sun Pharmaceutical Inds. Ltd FuturesHealthcareFutures-0.65%
Bharti Airtel Ltd FuturesTechnologyFutures-0.70%
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
Name6M1Y3YAll
Fund returns+2.4%+4.4%+8.8%+9.8%
Category average (Hybrid Dynamic Asset Allocation)+1.0%+4.6%+11.9%--
Rank (Hybrid Dynamic Asset Allocation)--914--

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

Fund management

HB
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.

About Mirae Asset Balanced Advantage Fund Growth

Mirae Asset Balanced Advantage Fund Growth 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 Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,34,830 Cr and the Latest NAV as of 08 Sep 2026 is ₹14.67. The Mirae Asset Balanced Advantage Fund Growth 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. ;

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₹2,34,829.73 Cr
Date of Incorporation30 Nov 2007
Phone022-67800301 / 1800-2090-777
E-mail--
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
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,