Mirae Asset Balanced Advantage Fund (G)

Dynamic Asset Allocation or Balanced Advantage

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NAV
14.52(0.26%)
Fund Size (CR)
₹2,081.61
Expense Ratio
2.06
Scheme Type
Active Fund
Value Research
-

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹99
Minimum Withdrawal
₹1
Exit Load
1%
Return Since Launch
10.04%

Absolute Return: 5.32%

Annualized Return: 0%

Basic Details

Scheme Manager

Harshad Borawake

Bench Mark

Nifty 50 Hybrid Composite Debt 50:50 Index

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	June 16, 2026	10027.01	0.27%	-	0.30%	63/151
1 Month	May 22, 2026	10137.23	1.37%	-	1.59%	98/151
3 Month	March 23, 2026	10607.33	6.07%	-	6.77%	101/151
6 Month	December 23, 2025	9959.42	-0.41%	-	-1.61%	44/147
1 Year	June 23, 2025	10353.98	3.54%	3.54%	1.90%	45/147
3 Year	June 23, 2023	13505.27	35.05%	10.53%	10.65%	68/121
5 Year	-	-	-	-	-	-/-
Since Inception	August 11, 2022	14479.00	44.79%	10.04%	9.16%	57/151

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	July 1, 2025	1,20,000	122322.43	1.94%	1.94%
3 Year	July 3, 2023	3,60,000	399412.82	10.95%	3.52%
5 Year	-	-	-	-	-
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

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Risk Ratios

2.37%

Standard Deviation

0.57%

Beta

0.57%

Sharpe Ratio

-0.01%

Treynor's Ratio

3.94%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
HDFC Bank	5.00%	1397364	104.04	Equity	Banks
ICICI Bank	3.39%	562173	70.63	Equity	Banks
Bharti Airtel	2.98%	338887	61.98	Equity	Telecom-Service
SBI	2.69%	580224	55.96	Equity	Banks
Reliance Industr	2.61%	411084	54.31	Equity	Refineries
Larsen & Toubro	1.89%	96320	39.26	Equity	Infrastructure Developers & Operators
M & M	1.70%	116517	35.49	Equity	Automobile
Axis Bank	1.55%	250300	32.20	Equity	Banks
SBI Life Insuran	1.41%	160716	29.41	Equity	Insurance
Tata Steel	1.33%	1327725	27.62	Equity	Steel

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Unifi Dynamic Asset Allocation Fund - Direct (G)	1242.98	1.28%	2.23%	4.09%	8.01%	-
Baroda BNP Paribas Balanced Advantage Fund-Dir (IDCW)	4870.96	1.26%	11.20%	1.53%	6.27%	13.97%
Baroda BNP Paribas Balanced Advantage Fund-Dir (G)	4870.96	1.26%	11.20%	1.51%	6.25%	13.97%
DSP Dynamic Asset Allocation Fund -Dir (G)	3664.90	2.04%	5.87%	0.78%	5.82%	12.22%
Bank of India Balanced Advantage Fund - Direct (G)	156.03	0.75%	4.99%	0.44%	5.79%	11.16%

List of Schemes under Mirae Asset Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Mirae Asset Multicap Fund	Equity	Very High	3.61%	0	₹5,071.34
Mirae Asset Large Cap Fund	Equity	Very High	-0.12%	3	₹37,692.41
Mirae Asset Large & Midcap Fund	Equity	Very High	5.14%	2	₹42,792.20
Mirae Asset Midcap Fund	Equity	Very High	10.76%	3	₹19,002.66
Mirae Asset Small Cap Fund	Equity	Very High	11.29%	0	₹4,380.82
Mirae Asset Focused Fund	Equity	Very High	-4.91%	2	₹6,520.35
Mirae Asset Great Consumer Fund	Equity	Very High	0.15%	4	₹4,388.86
Mirae Asset Healthcare Fund	Equity	Very High	17.08%	2	₹3,090.51
Mirae Asset Banking&Financial Services Fund	Equity	Very High	5.2%	4	₹2,146.75
Mirae Asset Infrastructure Fund	Equity	Very High	0%	0	₹423.41
Mirae Asset ELSS Tax Saver Fund	Equity	Very High	4.29%	3	₹25,373.67
Mirae Asset Overnight Fund	Debt	Low	5.35%	4	₹1,701.27
Mirae Asset Liquid Fund	Debt	Moderate	6.26%	3	₹13,572.11
Mirae Asset Ultra Short Duration Fund	Debt	Moderate	6.53%	4	₹1,709.92
Mirae Asset Low Duration Fund	Debt	Moderately Low	6.32%	4	₹1,945.89
Mirae Asset Money Market Fund	Debt	Moderately Low	6.15%	4	₹3,928.58
Mirae Asset Short Duration Fund	Debt	Moderately Low	5.38%	3	₹543.10
Mirae Asset Long Duration Fund	Debt	Moderate	1.76%	0	₹16.92
Mirae Asset Dynamic Bond Fund	Debt	Moderate	5.86%	5	₹116.61
Mirae Asset Corporate Bond Fund	Debt	Moderate	5.01%	1	₹44.63
Mirae Asset Banking and PSU Fund	Debt	Moderate	4.71%	2	₹41.16
Mirae Asset Aggressive Hybrid Fund	Hybrid	Very High	4.96%	3	₹9,285.29
Mirae Asset Balanced Advantage Fund	Hybrid	Moderately High	4.94%	4	₹2,081.61
Mirae Asset Multi Asset Allocation Fund	Hybrid	Very High	12.28%	0	₹3,422.92
Mirae Asset Arbitrage Fund	Hybrid	Low	6.61%	3	₹3,642.60
Mirae Asset Equity Savings Fund	Hybrid	Moderately High	5.67%	3	₹1,949.66
Mirae Asset Nifty SDL Jun 2027 Index Fund	Other	Moderate	5.85%	0	₹473.01
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund	Other	Moderate	4.45%	0	₹207.83
Mirae Asset Nifty SDL June 2028 Index Fund	Other	Moderate	4.96%	0	₹79.58
Mirae Asset Nifty Total Market Index Fund	Other	Very High	1.07%	0	₹50.23
Mirae Asset Nifty LargeMidcap 250 Index Fund	Other	Very High	2.79%	0	₹35.10
Mirae Asset Nifty 50 Index Fund	Other	Very High	-3.59%	0	₹58.24
Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund	Other	Moderately Low	0%	0	₹107.62
Mirae Asset Global X Artificial Intelligence & Technology ETF FOF	Other	Very High	76%	0	₹516.86
Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF	Other	Very High	96.31%	0	₹80.27
Mirae Asset Diversified Equity Allocator Passive FOF	Other	Very High	0.55%	4	₹988.26
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund	Other	Very High	-3.67%	0	₹82.50
Mirae Asset NYSE FANG+ ETF Fund of Fund	Other	Very High	44.33%	0	₹2,605.34
Mirae Asset S&P 500 Top 50 ETF Fund of Fund	Other	Very High	43.94%	0	₹862.68
Mirae Asset Hang Seng TECH ETF Fund of Fund	Other	Very High	2.29%	0	₹83.13
Mirae Asset Nifty India Manufacturing ETF Fund of	Other	Very High	12.35%	0	₹120.92
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF	Other	Very High	-1.23%	0	₹228.79
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF	Other	Very High	2.22%	0	₹274.63
Mirae Asset Nifty200 Alpha 30 ETF FOF	Other	Very High	3.26%	0	₹194.16
Mirae Asset Gold ETF Fund of Fund	Other	High	43.75%	0	₹549.82
Mirae Asset Nifty India New Age Consumption ETF Fund of Fund	Other	Very High	-2.27%	0	₹19.39
Mirae Asset BSE 200 Equal Weight ETF Fund of Fund	Other	Very High	5.13%	0	₹6.60
Mirae Asset BSE Select IPO ETF Fund of Fund	Other	Very High	-6.23%	0	₹7.68
Mirae Asset Income plus Arbitrage Active FOF	Other	Moderate	0%	0	₹21.85
Mirae Asset Multi Factor Passive FOF	Other	Very High	0%	0	₹24.43
Mirae Asset Gold Silver Passive FoF	Other	Very High	0%	0	₹1,415.52
Mirae Asset BSE India Defence ETF FOF	Other	Very High	0%	0	₹61.87
Mirae Asset Nifty Metal ETF FOF	Other	Very High	0%	0	₹85.45
Mirae Asset Silver ETF FOF	Other	Very High	0%	0	₹22.39
Mirae Asset Flexi Cap Fund	Equity	Very High	3.99%	0	₹4,079.74

News

Mirae Asset Mutual Fund announces IDCW Income Distribution cum Capital Withdrawal (IDCW) under its scheme
Mirae Asset Mutual Fund has announced 29 June 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) in the following scheme. The proposed IDCW on the face value of Rs 10 per unit will be:
Mirae Asset Aggressive Hybrid Fund ' Regular Plan ' IDCW Option: Rs 0.10 per unit.
Mirae Asset Aggressive Hybrid Fund ' Direct Plan ' IDCW Option: Rs 0.10 per unit
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Mirae Asset Mutual Fund announces change in fund manager under its scheme
Mirae Asset Mutual Fund has announced change in fund manager under the following scheme, With effect from June 22, 2026.
Change in Fund Manager:

Scheme Name Existing Fund Manager(s) Proposed Fund Manager

Mirae Asset Focused Fund Mr. Gaurav Misra Mr. Gaurav Misra
Mr. Varun Goel

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Scheme Name	Existing Fund Manager(s)	Proposed Fund Manager
Mirae Asset Focused Fund	Mr. Gaurav Misra	Mr. Gaurav Misra Mr. Varun Goel

Mirae Asset Mutual Fund announces IDCW Income Distribution cum Capital Withdrawal (IDCW) under its scheme
Mirae Asset Mutual Fund has announced 25 May 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) in the following scheme. The proposed IDCW on the face value of Rs 10 per unit will be:
Mirae Asset Aggressive Hybrid Fund ' Regular Plan ' IDCW Option: Rs 0.10 per unit.
Mirae Asset Aggressive Hybrid Fund ' Direct Plan ' IDCW Option: Rs 0.10 per unit
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Fund House Details & Investment Objective

Date of Incorporation

July 21, 2022

Total AUM (Cr)

₹2081.61

Mirae Asset Balanced Advantage Fund (G) is an Dynamic Asset Allocation or Balanced Advantage-oriented fund from the renowned AMC, Mirae Asset Mutual Fund. Launched in July 21, 2022, this fund is managed by Harshad Borawake. With assets under management (AUM) worth ₹2,081.61 (Cr), as of June 24, 2026, Mirae Asset Balanced Advantage Fund (G) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 10.04% since its launch.
The current NAV of Mirae Asset Balanced Advantage Fund (G) is ₹14.52, as on June 24, 2026. The fund's benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index. You can invest in Mirae Asset Balanced Advantage Fund (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹99 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 10.53% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 67.29% in Equity, 32.65% in Debt and 0.05% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 31.10% in Debt, 15.14% in Banks, 4.96% in Pharmaceuticals & Biotech, 4.54% in Automobiles, 3.50% in Telecom-Services

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