Mirae Asset Balanced Advantage Fund Regular Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
1M
6M
1Y
All
NAV: 28 Mar 2024₹12.33
Min. SIP amountNot Supported
RatingNA
Fund size₹1,518.44Cr

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
3M6M1YAll
Fund returns2.2%8.3%22.7%22.4%
Category averageNANA25.8%NA
Rank with in category262417NA
Understand terms

Holdings (159)

NameSectorInstrumentAssets
SovereignGOI Sec4.65%
FinancialEquity4.60%
FinancialEquity3.88%
FinancialEquity3.41%
SovereignGOI Sec3.18%
SovereignGOI Sec2.98%
TechnologyEquity2.76%
EnergyEquity2.76%
ConstructionEquity2.21%
FinancialEquity1.75%
See All

Expense ratio, exit load and tax

Expense ratio: 2.10%

Inclusive of GST

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

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

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
NA
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,

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