Mirae Asset Balanced Advantage Fund Direct-Growth

  • 3 Months
  • 6 Months
  • 1 Year
  • 3 Years
  • 5 Years
  • RSI
3 Months Returns : 0.42%
NAV: ₹15.73 as on Thu Nov 05, 2026
Fund NAV

Fund Overview of Mirae Asset Balanced Advantage Fund Direct-Growth

  • ₹2,109.3 Cr
    AUM
  • ₹15.73
    NAV
  • 0.96%
    Expense Ratio
  • Hybrid
    Fund Category
As on Thu Nov 05, 2026
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Minimum amount you can invest: ₹500

Maximum amount you can invest: ₹1,00,000

We have used a return rate of 15% for our calculations.

The total value of your investment after 10 years will be
₹ 1,39,328.64
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Mirae Asset Balanced Advantage Fund Direct-Growth Return Comparison

Tenure Absolute(%) Annualised(%) Category Average(%)
3 Months 0.42% NA 2.03%
6 Months 3.95% NA 8.29%
1 Year 4.28% 4.28% 2.86%
2 Years 13.22% 6.40% 14.51%
3 Years 37.47% 11.19% 13.46%
View More
As on Thu Nov 05, 2026

Asset Allocation of Mirae Asset Balanced Advantage Fund Direct-Growth

equities

57.35%

debt instruments

26.57%

other assets or cash equivalents

16.08%
Large Cap: 70.43%
Mid Cap: 11.46%
Small Cap: 18.11%
Other: 0.00%
Top Holdings
Cash Margin
15.09%
Cash Margin
14.33%
Cash Margin
14.31%
Cash Margin
13.92%
Cash Margin
13.35%
 
Top Sectors
Unspecified
261.87%
Detailed Portfolio Analysis
As on Thu Nov 05, 2026
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About Fund

About Mirae Asset Balanced Advantage Fund Direct-Growth

Mirae Asset Balanced Advantage Fund Direct-Growth is one Hybrid mutual fund offered by Mirae Asset Mutual Fund. Launched on 11 Aug 2022, the fund aims To generate long- term capital appreciation/income. Investment in equity, equity related securities & debt, money market intruments while managing risk through active allocation. It manages assets worth ₹2,109.3 crore as on Wed Sep 30, 2026. The expense ratio stands at 0.96%.
The portfolio allocation consists of 57.35% in equities, 26.57% in debt instruments, 16.08% in other assets or cash equivalents.Managed by Harshad Borawake, it has delivered a return of 4.28% in the last year, a total return since inception of 11.28%.
Identifying a suitable best sip plans plays a key role in systematic investing.

Read more
  • Mahendra Kumar Jajoo

    Fund Manager

  • Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.

    Manager Education

  • Harshad Borawake

    Fund Manager

  • Mr. Borawake is MBA(Finance) & B.E.(Polymers)

    Manager Education

Key Metrics of Mirae Asset Balanced Advantage Fund Direct-Growth

  • Standard Deviation
    8.23%
  • Mean
    10.05%
  • Sharpe Ratio
    0.55%
  • Sortino Ratio
    0.69%

Mirae Asset Balanced Advantage Fund Direct-Growth Fund Details

Fund Names Mirae Asset Balanced Advantage Fund Direct-Growth
Inception Date 11 Aug 2022
Lock In No Lock-in
 
Risk Principal at very high risk
Category Average Annual Returns 2.86
More Details
Highest NAV in last 52 weeks & Lowest NAV in last 52 weeks

Compare Mutual Funds
Mirae Asset Balanced Advantage Fund Direct-Growth Fund Returns Comparison

Compare Mirae Asset Balanced Advantage Fund Direct-Growth with other mutual funds in the same category

Mirae Asset Balanced Advantage Fund Direct-Growth

HDFC Balanced Advantage Fund Direct-Growth

HDFC Balanced Advantage Fund Direct-IDCW

Compare more funds

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Top Performing Mutual Funds

Fund Names AUM (Cr) 1M 3M 1Yr 3Yr 5Yr
HDFC Balanced Advantage Fund Direct-Growth trend ₹102,534 4.37% -0.91% -0.40% 11.85% 13.74%
HDFC Balanced Advantage Fund Direct-IDCW trend ₹102,534 4.37% -0.91% -0.40% 11.85% 13.74%
HDFC Balanced Advantage Fund Regular-Growth trend ₹102,534 4.33% -1.04% -0.96% 11.19% 13.04%
HDFC Balanced Advantage Fund Regular-IDCW trend ₹102,534 4.33% -1.04% -0.96% 11.19% 13.04%
Aditya Birla Sun Life Dynamic Asset Allocation Omni FOF Direct-Growth trend ₹238 2.73% -1.07% 3.22% 13.27% 11.38%
Aditya Birla Sun Life Dynamic Asset Allocation Omni FOF Direct-IDCW Half Yearly trend ₹238 2.73% -1.07% 3.22% 13.27% 11.38%
Baroda Bnp Paribas Balanced Advantage Fund Direct-Growth trend ₹5,162 4.31% -0.73% 3.99% 12.88% 10.92%
Baroda Bnp Paribas Balanced Advantage Fund Direct-IDCW trend ₹5,162 4.31% -0.73% 3.99% 12.88% 10.92%
ICICI Prudential Balanced Advantage Direct-Growth trend ₹71,913 4.96% -0.48% 5.08% 11.91% 10.68%
ICICI Prudential Balanced Advantage Direct-IDCW trend ₹71,913 4.96% -0.48% 5.08% 11.91% 10.68%
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increase growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns

More funds from Mirae Asset Mutual Fund

Fund Names AUM (Cr) 1M 3M 6M 1Yr 3Yr
Mirae Asset Balanced Advantage Fund Regular-Growth increase ₹2,109 3.37% 0.09% 3.26% 2.89% 9.68%
Mirae Asset Balanced Advantage Fund Regular-IDCW increase ₹2,109 3.37% 0.09% 3.26% 2.89% 9.68%
Mirae Asset Balanced Advantage Fund Direct-IDCW increase ₹2,109 3.48% 0.42% 3.95% 4.28% 11.19%
increase growth is based on 1-month returns of the funds

Mirae Asset Balanced Advantage Fund Direct-Growth Calculator

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Top 25% of investors consistently generate more than 12% return
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Top Mutual Funds

Fund Names AUM (Cr) NAV 3Yr 5Yr 10Yr
HDFC Balanced Advantage Fund Direct-Growth trend ₹102,534 ₹572.03 11.85% 13.74% 13.82%
HDFC Balanced Advantage Fund Regular-Growth trend ₹102,534 ₹525.37 11.19% 13.04% 12.99%
HDFC Balanced Advantage Fund Regular-IDCW trend ₹102,534 ₹35.67 11.19% 13.04% 12.99%
HDFC Balanced Advantage Fund Direct-IDCW trend ₹102,534 ₹42.64 11.85% 13.74% 13.82%
ICICI Prudential Balanced Advantage-Growth trend ₹71,913 ₹79.70 11.27% 10.01% 10.79%
ICICI Prudential Balanced Advantage Direct-Growth trend ₹71,913 ₹89.55 11.91% 10.68% 11.62%
ICICI Prudential Balanced Advantage Direct-IDCW trend ₹71,913 ₹28.73 11.91% 10.68% 11.62%
ICICI Prudential Balanced Advantage-IDCW trend ₹71,913 ₹16.93 11.27% 10.01% 10.79%
SBI Balanced Advantage Fund Direct-Growth trend ₹40,545 ₹16.56 10.36% 10.04% -
SBI Balanced Advantage Fund Regular-Growth trend ₹40,545 ₹15.77 9.42% 9.02% -
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Top funds are based on Fund AUM

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Mirae Asset Balanced Advantage Fund Direct-Growth Detailed Portfolio

Stocks Sector % of Holding Value
Cash MarginUnspecified15.09%₹309.77 Cr
Cash MarginUnspecified14.33%₹289.59 Cr
Cash MarginUnspecified14.31%₹287.13 Cr
Cash MarginUnspecified13.92%₹278.82 Cr
Cash MarginUnspecified13.35%₹277.83 Cr
Cash MarginUnspecified13.89%₹275.11 Cr
Cash MarginUnspecified13.89%₹275.11 Cr
Cash MarginUnspecified13.22%₹273.35 Cr
Net ReceivablesUnspecified12.47%₹270.49 Cr
Net ReceivablesUnspecified12.47%₹270.49 Cr
Net ReceivablesUnspecified12.47%₹270.49 Cr
Net ReceivablesUnspecified12.47%₹270.49 Cr
Cash MarginUnspecified13.85%₹262.72 Cr
Cash MarginUnspecified13.48%₹261.49 Cr
Cash MarginUnspecified13.35%₹258.09 Cr
Cash MarginUnspecified13.35%₹258.09 Cr
Cash MarginUnspecified12.07%₹256.89 Cr
Cash MarginUnspecified12.07%₹256.89 Cr
Cash MarginUnspecified12.07%₹256.89 Cr
Cash MarginUnspecified9.78%₹206.26 Cr
View More

Top Hybrid Funds

Fund Names NAV 3Yr 5Yr 52 weeks high
HDFC Balanced Advantage Fund Direct-Growth increase ₹572.03 11.85% 13.74% -
HDFC Balanced Advantage Fund Direct-IDCW increase ₹42.64 11.85% 13.74% -
HDFC Balanced Advantage Fund Regular-Growth increase ₹525.37 11.19% 13.04% -
HDFC Balanced Advantage Fund Regular-IDCW increase ₹35.67 11.19% 13.04% -
Aditya Birla Sun Life Dynamic Asset Allocation Omni FOF Direct-Growth increase ₹62.37 13.27% 11.38% -
Aditya Birla Sun Life Dynamic Asset Allocation Omni FOF Direct-IDCW Half Yearly increase ₹57.12 13.27% 11.38% -
Baroda Bnp Paribas Balanced Advantage Fund Direct-Growth increase ₹28.62 12.88% 10.92% -
Baroda Bnp Paribas Balanced Advantage Fund Direct-IDCW increase ₹17.22 12.88% 10.92% -
ICICI Prudential Balanced Advantage Direct-Growth increase ₹89.55 11.91% 10.68% -
ICICI Prudential Balanced Advantage Direct-IDCW increase ₹28.73 11.91% 10.68% -
View More
increase growth is based on 5Y returns of the funds

Frequently Asked Questions

Mirae Asset Balanced Advantage Fund Direct-Growth

What is the current AUM of Mirae Asset Balanced Advantage Fund Direct-Growth?

As of Wed Sep 30, 2026, Mirae Asset Balanced Advantage Fund Direct-Growth manages assets worth ₹2,109.3 crore

How has Mirae Asset Balanced Advantage Fund Direct-Growth performed recently?

  • 3 Months: 0.42%
  • 6 Months: 3.95%

What is the long-term performance of Mirae Asset Balanced Advantage Fund Direct-Growth?

  • 3 Years CAGR: 11.19%
  • Since Inception: 11.28%

What is the portfolio composition of Mirae Asset Balanced Advantage Fund Direct-Growth?

Equity: 57.35%, Debt: 26.57%, Others: 16.08%.

Who manages Mirae Asset Balanced Advantage Fund Direct-Growth?

Mirae Asset Balanced Advantage Fund Direct-Growth is managed by Harshad Borawake from Mirae Asset Mutual Fund.

What is the market-cap allocation of Mirae Asset Balanced Advantage Fund Direct-Growth?

Large Cap: 70.43%, Mid Cap: 11.46%, Small Cap: 18.11%.

Which are the top companies Mirae Asset Balanced Advantage Fund Direct-Growth has invested in?

  • Cash Margin – 15.09% of the fund's portfolio
  • Cash Margin – 14.33% of the fund's portfolio
  • Cash Margin – 14.31% of the fund's portfolio
  • Cash Margin – 13.92% of the fund's portfolio
  • Cash Margin – 13.35% of the fund's portfolio

Which are the major sectors Mirae Asset Balanced Advantage Fund Direct-Growth focuses on?

  • Unspecified – 261.87% of the fund's portfolio
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