| Launch date | 21 Jul 2022 |
| Allotment date | 11 Aug 2022 |
| End date | 03 Aug 2022 |
| NAV | ₹10.00 |
Inclusive of GST
Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days.
0.005% (from July 1st, 2020)
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%.
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹99 |
| Rank (total assets) | #13 in India |
|---|---|
| Total AUM | ₹2,31,683.80Cr |
| Date of Incorporation | 30 Nov 2007 |
|---|
Mirae Asset Balanced Advantage Fund Direct Growth 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 Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,31,684 Cr and the Latest NAV as of 12 Dec 2025 is ₹15.17. The Mirae Asset Balanced Advantage Fund Direct 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. ;
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 benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index |
|---|
| Hybrid, Dynamic Asset Allocation funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
HDFC Balanced Advantage Fund Direct Growth | 5 | 5.2% | 18.0% | 1,07,971.20 |
SBI Balanced Advantage Fund Direct Growth | 5 | 8.7% | 15.0% | 39,337.41 |
ICICI Prudential Balanced Advantage Direct Growth | 4 | 11.1% | 14.1% | 69,867.93 |
DSP Dynamic Asset Allocation Fund Direct Growth | 4 | 8.2% | 13.7% | 3,635.61 |
Nippon India Balanced Advantage Fund Direct Growth | 4 | 6.5% | 13.3% | 9,662.22 |