Can I invest in SIP and Lumpsum in Mirae Asset Balanced Advantage Fund - Dir (G) Direct Growth?

Yes, you can invest both lumpsum and SIP in Mirae Asset Balanced Advantage Fund - Dir (G). Minimum lumpsum investment Mirae Asset Balanced Advantage Fund - Dir (G) is ₹5,000 and minimum SIP amount is ₹99 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

What is the NAV of Mirae Asset Balanced Advantage Fund - Dir (G) Direct Growth?

The latest NAV ( Net Asset Value ) of Mirae Asset Balanced Advantage Fund - Dir (G) is Mirae Asset Balanced Advantage Fund - Dir (G) is ₹14.52 as on 2025-06-13.

Which are the biggest stock holdings of Mirae Asset Balanced Advantage Fund - Dir (G)?

The 5 biggest stock holdings of Mirae Asset Balanced Advantage Fund - Dir (G) are: HDFC Bank (5.55%), ICICI Bank (2.98%), Bharti Airtel (2.46%), St Bk of India (2.42%), Reliance Industr (2.32%)

What are the top sectors Mirae Asset Balanced Advantage Fund - Dir (G) invests in?

A majority of Mirae Asset Balanced Advantage Fund - Dir (G) 's AUM worth ₹1,854.08 (Cr) is invested in these 3 top sectors: Debt : 30.19% Banks : 13.82% IT-Software : 5.63%

Mutual Funds
AMC
Mirae Asset Balanced Advantage Fund - Dir (G)

Mirae Asset Balanced Advantage Fund - Dir (G)

Dynamic Asset Allocation or Balanced Advantage

Invest Now

NAV
14.52(-0.30%)
Fund Size (CR)
₹1,854.08
Expense Ratio
0.67
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% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
1%
Return Since Launch
14.04%

Absolute Return: 8.29%

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	6 June 2025	9932.97	-0.67%	-	-0.67%	73/147
1 Month	13 May 2025	10155.94	1.56%	-	1.45%	51/147
3 Month	13 March 2025	10866.44	8.66%	-	7.75%	42/147
6 Month	13 December 2024	10273.04	2.73%	-	-0.08%	19/145
1 Year	13 June 2024	10895.79	8.96%	8.96%	5.56%	25/141
3 Year	-	-	0%	-	14.63%	-/-
5 Year	-	-	0%	-	14.54%	-/-
Since Inception	11 August 2022	14523.00	45.23%	14.04%	11.04%	21/147

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 July 2024	1,20,000	125422.93	4.52%	4.52%
3 Year	1 September 2022	3,40,000	411997.05	21.18%	6.61%
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%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

2.05%

Standard Deviation

0.55%

Beta

1.06%

Sharpe Ratio

0.04%

Treynor's Ratio

4.22%

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	5.55%	528682	102.82	Equity	Banks
ICICI Bank	2.98%	382173	55.25	Equity	Banks
Bharti Airtel	2.46%	245387	45.55	Equity	Telecomm-Service
St Bk of India	2.42%	552625	44.89	Equity	Banks
Reliance Industr	2.32%	303084	43.07	Equity	Refineries
Infosys	1.96%	232774	36.38	Equity	IT - Software
M & M	1.83%	113867	33.90	Equity	Automobile
Larsen & Toubro	1.68%	84670	31.12	Equity	Infrastructure Developers & Operators
Axis Bank	1.65%	256400	30.57	Equity	Banks
TCS	1.59%	85369	29.57	Equity	IT - Software

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Mirae Asset Balanced Advantage Fund - Dir (G)	1854.08	1.56%	8.66%	2.73%	8.96%	-
LIC MF Balanced Advantage Fund - Dir (G)	830.92	2.52%	10.43%	2.91%	11.91%	14.91%
LIC MF Balanced Advantage Fund - Dir (IDCW)	830.92	2.52%	10.43%	2.91%	11.90%	14.90%
WhiteOak Capital Balanced Advantage Fund - Dir (G)	1566.31	0.79%	8.81%	1.35%	11.06%	-
UTI-Unit Linked Insurance Plan - Direct	5467.51	0.57%	6.80%	2.19%	11.01%	11.78%
DSP Dynamic Asset Allocation Fund -Dir (G)	3396.57	1.29%	6.47%	3.34%	9.93%	15.05%

List of Schemes under Mirae Asset Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Mirae Asset Midcap Fund	Equity	Very High	4.52%	2	₹16,336.65
Mirae Asset Large Cap Fund	Equity	Very High	8.32%	3	₹39,530.24
Mirae Asset Arbitrage Fund	Hybrid	Low	7.62%	4	₹3,363.76
Mirae Asset Hang Seng TECH ETF Fund of Fund	Other	Very High	52.53%	0	₹87.28
Mirae Asset Global X Artificial Intelligence & Technology ETF FOF	Other	Very High	21.5%	0	₹313.74
Mirae Asset Banking&Financial Services Fund	Equity	Very High	14.75%	3	₹1,998.29
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF	Other	Very High	-6.45%	0	₹208.05
Mirae Asset Healthcare Fund	Equity	Very High	17.46%	2	₹2,690.55
Mirae Asset BSE Select IPO ETF Fund of Fund	Other	Very High	0%	0	₹9.66
Mirae Asset NYSE FANG+ ETF Fund of Fund	Other	Very High	40.09%	0	₹1,924.67
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund	Other	Moderate	11.2%	0	₹243.68
Mirae Asset FMP - Series V - Plan 4	Debt	Moderately Low	0%	0	₹0.00
Mirae Asset FMP - Series V - Plan 3	Debt	Moderately Low	0%	0	₹0.00
Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index Fund	Other	Moderate	8.3%	0	₹87.46
Mirae Asset Small Cap Fund	Equity	Very High	0%	0	₹1,580.47
Mirae Asset Long Duration Fund	Debt	Moderate	0%	0	₹42.51
Mirae Asset Income plus Arbitrage Active FOF	Other	Moderate	0%		₹0.00
Mirae Asset Low Duration Fund	Debt	Moderately Low	8.61%	3	₹1,838.28
Mirae Asset Nifty LargeMidcap 250 Index Fund	Other	Very High	0%	0	₹19.69
Mirae Asset Large & Midcap Fund	Equity	Very High	4.68%	2	₹39,459.25
Mirae Asset Aggressive Hybrid Fund	Hybrid	Very High	8.67%	3	₹9,057.55
Mirae Asset Balanced Advantage Fund	Hybrid	Moderately High	8.96%	0	₹1,854.08
Mirae Asset Corporate Bond Fund	Debt	Moderate	9.65%	2	₹44.33
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF	Other	Very High	-3.48%	0	₹243.12
Mirae Asset Diversified Equity Allocator Passive FOF	Other	Very High	3.81%	4	₹937.78
Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF	Other	Very High	-0.95%	0	₹47.42
Mirae Asset Nifty SDL June 2028 Index Fund	Other	Moderate	10.48%	0	₹73.82
Mirae Asset BSE 200 Equal Weight ETF Fund of Fund	Other	Very High	0%	0	₹8.98
Mirae Asset Gold ETF Fund of Fund	Other	High	0%	0	₹0.00
Mirae Asset Multi Asset Allocation Fund	Hybrid	Very High	13.33%	0	₹1,991.37
Mirae Asset Nifty Total Market Index Fund	Other	Very High	0%	0	₹41.84
Mirae Asset Equity Savings Fund	Hybrid	Moderately High	9.75%	3	₹1,442.49
Mirae Asset Money Market Fund	Debt	Moderately Low	8.42%	4	₹2,658.65
Mirae Asset Ultra Short Duration Fund	Debt	Moderate	8.13%	4	₹1,780.38
Mirae Asset Nifty India New Age Consumption ETF Fund of Fund	Other	Very High	0%	0	₹13.57
Mirae Asset Nifty 50 Index Fund	Other	Very High	0%	0	₹29.46
Mirae Asset ELSS Tax Saver Fund	Equity	Very High	8.1%	3	₹25,567.42
Mirae Asset Banking and PSU Fund	Debt	Moderate	9.44%	3	₹47.74
Mirae Asset Flexi Cap Fund	Equity	Very High	8.42%	0	₹2,814.74
Mirae Asset Focused Fund	Equity	Very High	12.01%	2	₹7,926.73
Mirae Asset Short Duration Fund	Debt	Moderately Low	9.89%	4	₹1,056.03
Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund	Other	Moderately Low	0%		₹0.00
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund	Other	Very High	6.42%	0	₹100.33
Mirae Asset S&P 500 Top 50 ETF Fund of Fund	Other	Very High	23.26%	0	₹612.06
Mirae Asset Multicap Fund	Equity	Very High	8.86%	0	₹3,709.61
Mirae Asset Nifty200 Alpha 30 ETF FOF	Other	Very High	0%	0	₹198.50
Mirae Asset Overnight Fund	Debt	Low	6.48%	4	₹1,009.74
Mirae Asset Liquid Fund	Debt	Moderate	7.34%	4	₹14,285.45
Mirae Asset Nifty India Manufacturing ETF Fund of	Other	Very High	-2.21%	0	₹112.75
Mirae Asset Dynamic Bond Fund	Debt	Moderate	9.24%	3	₹120.28
Mirae Asset Great Consumer Fund	Equity	Very High	3.28%	4	₹4,224.05
Mirae Asset Nifty SDL Jun 2027 Index Fund	Other	Moderate	9.56%	0	₹647.77

News

Mirae Asset Mutual Fund announces change in fund manager under its schemes

Mirae Asset Mutual Fund has announced change in fund manager under the following scheme, With effect from 16 June 2025

Change in Fund Manager:

Name of the Scheme(s)	Existing Fund Manager(s)	Proposed Fund Manager(s)
Mirae Asset Great Consumer Fund	Mr. Ankit Jain & Mr. Siddhant Chhabria	Mr. Siddhant Chhabria
Mirae Asset Banking & Financial Services Fund	Mr. Gaurav Kochar	Mr. Harshad Borawake

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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 05 June 2025.

Change in Fund Manager:

Name of the Scheme(s)	Existing Fund Manager(s)	Proposed Fund Manager(s)
Mirae Asset Multi Asset Allocation Fund	Mr. Harshad Borawake (for equity portion), Mr. Siddharth Srivastava (for overseas portion), Mr. Ritesh Patel (for commodity portion), Mr. Basant Bafna (for debt portion)	Mr. Harshad Borawake (for equity portion), Mr. Siddharth Srivastava (for overseas portion), Mr. Ritesh Patel (for commodity portion), Mr. Mahendra Kumar Jajoo (for debt portion)

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Mirae Asset Mutual Fund announces change in Key Personnel
Mirae Asset Mutual Fund has announced that Mr. Vijay Rao has been appointed as a Head - Information Technology on the Board of the Trustee Company with effect from May 20, 2025.
Details of Mr. Vijay Rao
Age: 42
Designation: Head - Information Technology
Qualification : B.E. (Bachelor of Engineering) - Mechanical, PGDBM (Post Graduate in Business Management) - Systems/IT /
Experience : 19 years & 8 months
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Fund House Details & Investment Objective

Date of Incorporation

21 July 2022

Total AUM (Cr)

₹1854.08

Mirae Asset Balanced Advantage Fund - Dir (G) is an Dynamic Asset Allocation or Balanced Advantage-oriented fund from the renowned AMC, Mirae Asset Mutual Fund. Launched in 21 July 2022, this fund is managed by Harshad Borawake. With assets under management (AUM) worth ₹1,854.08 (Cr), as of 13 June 2025, Mirae Asset Balanced Advantage Fund - Dir (G) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 14.04% since its launch.
The current NAV of Mirae Asset Balanced Advantage Fund - Dir (G) is ₹14.52, as on 13 June 2025. The fund's benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index. You can invest in Mirae Asset Balanced Advantage Fund - Dir (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:
15% of the units allotted (including Switch-in/STP - in on or before completion of 180 days from the date of allotment of units: Nil. 1.00% - If redeemed within 6 months (180 days) from the date of allotment. Nil - If redeemed after 6 months (180 days) from the date of allotment. The fund has generated undefined% 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 67.66% in Equity, 31.10% in Debt and 1.24% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 30.19% in Debt, 13.82% in Banks, 5.63% in IT-Software, 5.01% in Pharmaceuticals & Biotech, 4.10% in Automobiles

FAQs

How to Invest in Mirae Asset Balanced Advantage Fund - Dir (G) Direct Growth?

Mirae Asset Balanced Advantage Fund - Dir (G) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 14.04% since inception. Looking to invest in Mirae Asset Balanced Advantage Fund - Dir (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Mirae Asset Balanced Advantage Fund - Dir (G) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, Mirae Asset Balanced Advantage Fund - Dir (G)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Mirae Asset Balanced Advantage Fund - Dir (G) today and reap the benefits of this Dynamic Asset Allocation or Balanced Advantage fund!

How much returns has Mirae Asset Balanced Advantage Fund - Dir (G) Direct Growth generated?

In the short term, i.e., 1 year, Mirae Asset Balanced Advantage Fund - Dir (G) has generated annualised return of 8.96%. In the long-term, the fund has generated undefined% and - in 3 and 5 years respectively. Since its inception, the fund has generated 14.04% returns.

What is the expense ratio of Mirae Asset Balanced Advantage Fund - Dir (G) Direct Growth?

The expense ratio of Mirae Asset Balanced Advantage Fund - Dir (G) Direct Growth is 0.67%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Mirae Asset Balanced Advantage Fund - Dir (G) Fund Direct Growth?

The Assets Under Management (AUM) of Mirae Asset Balanced Advantage Fund - Dir (G) is ₹1,854.08 (Cr) as of 2025-06-13 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Mirae Asset Balanced Advantage Fund - Dir (G) Direct Growth?

Redeeming or selling units of Mirae Asset Balanced Advantage Fund - Dir (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Mirae Asset Balanced Advantage Fund - Dir (G):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case Mirae Asset Balanced Advantage Fund - Dir (G)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).