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Mirae Asset Balanced Advantage Fund

Growth
13.890.08% (+0.01)

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Mirae Asset Balanced Advantage Fund

Growth
HybridDynamic Asset Allocation Fund
Mid-size FundAssets Under Mgmt: ₹ 1,774 Cr
Moderately High RiskPrinciple investment will be at moderately high risk
13.890.08% (+0.01)

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Returns
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1M
6M
1Y
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5Y
Max
SIP
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1M
6M
1Y
3Y
5Y
Max
SIP

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HybridDynamic Asset Allocation Fund
Mid-size FundAssets Under Mgmt: ₹ 1,774 Cr
Moderately High RiskPrinciple investment will be at moderately high risk

Key Metrics

Expense RatioExpense RatioNo LabelNo LabelNo LabelNo Label
0.6834.971.23
No LabelNo LabelNo LabelNo LabelNo LabelNo Label
1.3141.961.18

Scheme Info

PlanPlanLock inLock inExit LoadExit Load
Growth0 yrs1.00%
Nil upto 15% of units and 1% for remainng units on or before 365D Nil after 365D
SIP Inv.SIP Inv.Min. LumpsumMin. Lumpsum
Allowed₹ 5,000
Initial: ₹ 5,000 Incremental: ₹ 1,000
BenchmarkBenchmark
NIFTY 50 Hybrid Composite Debt 50:50 Index

About Dynamic Asset Allocation Fund

Dynamic asset allocation funds invest across various sector including stocks, bonds, real estate and other equity funds. It can be most suited fund in case of uncertain market. They are less riskier as compared to other equity funds.

Peers & Comparison

Comparing 3 mutual funds from 
HybridDynamic Asset Allocation Fund

Returns

Scheme

Ratios

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Mutual Fund1Y Returns1Y Returns3Y CAGR3Y CAGRLife CAGRLife CAGR
Mirae Asset Balanced Advantage Fund13.77%—14.87%
Edelweiss Balanced Advantage Fund16.12%12.93%13.12%
DSP Dynamic Asset Allocation Fund15.07%11.21%10.57%
UTI Balanced Advantage Fund13.98%—16.05%

Price Comparison

Compare Mirae Asset Balanced Advantage Fund with any MF, ETF, stock or index
Compare Mirae Asset Balanced Advantage Fund with any MF, ETF, stock or index
Mirae Asset Balanced Advantage Fund
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Asset Allocation

Actual

Target

Mar 2024

Jun 2024

Sep 2024

Nov 2024

ACTUAL
Cash & EquivalentsGovernment SecuritiesCorporate DebtEquity5.83%12.45%16.26%65.45%

Mar 2024

Jun 2024

Sep 2024

Nov 2024

Tickertape Separator

Sector Distribution

+42 moreIT Services & ConsultingConsumer FinancePublic BanksPrivate BanksG-Sec52.89 %6.11 %7.31 %8.96 %12.28 %12.45 %

Mar 2024

Jun 2024

Sep 2024

Nov 2024

Tickertape Separator

Sector Weightage

Sep 23Dec 23Mar 24Jun 24Sep 24Nov 2410.45%11.75%12.43%14.73%13.98%12.45%
G-Sec as a % of total holdings for last six quarters
Tickertape Separator

Current Holdings

Equity

Debt

Others

  • Constituent
    Holding Weight
    3M Change
  • HDFC Bank Ltd
    HDFCBANK
    3M change : 0.02 %

    Holdings

    4.50 %

    0.02 %
  • ICICI Bank Ltd
    ICICIBANK
    3M change : 0.09 %

    Holdings

    2.70 %

    0.09 %
  • State Bank of India
    SBIN
    3M change : 0.01 %

    Holdings

    2.53 %

    0.01 %

AMC Profile

Mirae Asset Financial Group is one of the key players in the Asian financial market. Its asset management wing, the Mirae Asset Global Investments, commenced operation in 1997 and has expanded its business globally in a relatively short span of time.

  • No.of Schemes

    44

  • Total AUM

    ₹ 1,84,114.99 Cr.

Fund Manager Profile

Harshad Borawake

AUM:  ₹13,959.14 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: —

Mahendra Kumar Jajoo

AUM:  ₹12,273.13 Cr.

Sum of AUMs of all funds managed by the fund manager

 | 

Exp: 19yrs

Manager Performance (0)

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Tax Implications

Invested period < 1 year

Gains are treated as short-term capital gains and taxed at 20%

Invested period > 1 year

Gains are treated as long-term capital gains and taxed at 12.5%

Let’s calculate your returns after tax

Investment frequency

Monthly

One Time

Monthly Investment Amt. (₹)

Investment period (years)

CAGR (%)
This CAGR is calculated based on the actual past return given by the fund during the selected investment period. This is the annualised growth rate assuming monthly compounding.

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Opinions and Fund Reviews

The content here in the form of articles and videos is for information purposes only and may have been sourced from publicly available sources or otherwise. Tickertape does not guarantee the authenticity and veracity of the material shared. The User understands and agrees that Tickertape is not aware nor liable for any content shared here.
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