Mirae Asset Balanced Advantage Fund Direct-IDCW

  • 3 Months
  • 6 Months
  • 1 Year
  • 3 Years
  • 5 Years
  • RSI
3 Months Returns : 0.42%
NAV: ₹14.48 as on Thu Nov 05, 2026
Fund NAV

Fund Overview of Mirae Asset Balanced Advantage Fund Direct-IDCW

  • ₹2,109.3 Cr
    AUM
  • ₹14.48
    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-IDCW 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

Dividend of Mirae Asset Balanced Advantage Fund Direct-IDCW : 12.00%

Dividends are declared by the fund house based on the income generated from the underlying assets. While many mutual funds distribute dividends annually, the payout frequency ultimately depends on the fund house’s decision

Asset Allocation of Mirae Asset Balanced Advantage Fund Direct-IDCW

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-IDCW

Mirae Asset Balanced Advantage Fund Direct-IDCW 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%.
The latest dividend was declared on 13 Feb 2026 at 12.00% of face value.
While exploring long-term investments individuals generally consider which sip is best depending on performance consistency.

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-IDCW

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

Mirae Asset Balanced Advantage Fund Direct-IDCW Fund Details

Fund Names Mirae Asset Balanced Advantage Fund Direct-IDCW
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-IDCW Fund Returns Comparison

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

Mirae Asset Balanced Advantage Fund Direct-IDCW

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

Mirae Asset Balanced Advantage Fund Direct-IDCW 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-IDCW 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-IDCW

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

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

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

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

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

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

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

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

Who manages Mirae Asset Balanced Advantage Fund Direct-IDCW?

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

When was the last dividend declared by Mirae Asset Balanced Advantage Fund Direct-IDCW?

Latest dividend was declared on 13 Feb 2026 at 12.00% of face value.

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

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

Which are the top companies Mirae Asset Balanced Advantage Fund Direct-IDCW 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-IDCW focuses on?

  • Unspecified – 261.87% of the fund's portfolio
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