Mirae Asset Balanced Advantage Fund - Dir (G) logo

Mirae Asset Balanced Advantage Fund Direct Growth

Hybrid |

Dynamic Asset Allocation or Balanced Advantage

NAV ₹15.17 as on 17 Nov 2025

RiskModerately High

Fund Size₹1,980.91Cr

NAV₹15.17 as on 17 Nov 2025
RiskModerately High
Fund Size₹1,980.91Cr

Download 3-in-1 Torus App
Trade at flat ₹11/order & Zero AMC
demat with one powerful SuperApp.

Investment Details
Top Rated Funds

Lock-in

No Lock-in

Min One Time Amount

₹5,000

Min Withdrawal Amount

₹-

Min SIP Amount

₹99

Min Additional Amount

₹1,000

Exit Load

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.

Basic Details

Age

3 years 3 months (Since Aug 11, 2022)

Return since Launch

13.59%

Expense ratio

0.73%

Type

OPEN

AUM (Fund Size)

₹1,980.91

Risk Grade

Moderately High

Benchmark

Nifty 50 Hybrid Composite Debt 50:50 Index

Calculate Your Returns
Select Duration
Choose Amount
Returns
Total investment of ₹2,40,000
Would have become ₹61,949 (+209.74%)
Fund Manager

Name:

Harshad Borawake

Experience:

Mr. Borawake has professional experience of more than 12 years and his primary responsibility includes Investment Analysis & Research. Prior to this assignment, he was associated with Motilal Oswal Securities as Vice President (Research). He has also been associated with Capmetrics & Risk Solutions as Research Analyst - Equity.

Asset Allocation

HDFC Bank 5.67%

SBI 3.26%

M & M 2.01%

Infosys 1.74%

Axis Bank 1.60%

ITC 1.32%

TCS 1.32%

NTPC 1.10%

O N G C 0.72%

Vedanta 0.66%

JSW Steel 0.54%

B P C L 0.53%

S A I L 0.46%

BSE 0.38%

Sagility 0.34%

Trent 0.33%

Swiggy 0.31%

DLF 0.30%

Cipla 0.29%

Atul 0.28%

Sai Life 0.28%

Mphasis 0.23%

A B B 0.21%

MRF 0.16%

Lupin 0.08%

See All

Power Fin.Corpn. 3.97%

GSEC2033 3.68%

GSEC2034 2.95%

N A B A R D 2.66%

TREPS 2.52%

REC Ltd 2.25%

GSEC2034 1.79%

Net CA & Others 1.74%

Bharti Telecom 1.42%

GSEC2032 1.27%

Piramal Finance. 1.26%

Jio Credit 1.26%

H U D C O 1.26%

Haryana 2040 7.15 1.25%

Hindalco Inds. 1.25%

S I D B I 0.77%

Bajaj Housing 0.64%

GSEC2033 0.52%

India Infra Fin 0.41%

GSEC2064 0.25%

GSEC2065 0.24%

TVS Motor Co. 0.01%

See All
Scheme Holding Summary

Banks

Debt Others

National Bank for Agriculture & Rural Development

2.66%

REC Ltd

2.25%

Bharti Telecom Ltd

1.42%

Jio Credit Ltd

1.26%

Small Industries Development Bank of India Ltd

0.77%

India Infrastructure Finance Company Ltd

0.41%

Govt. Securities

Telecom-Service

Refineries

Automobile

Infrastructure Developers & Operators

IT - Software

Tobacco Products

ITC Ltd

1.32%

Cement

Power Generation & Distribution

NTPC Ltd

1.10%

Pharmaceuticals

Cipla Ltd

0.29%

Lupin Ltd

0.08%

Capital Goods - Electrical Equipment

Steel

Non Ferrous Metals

Finance

Insurance

Crude Oil & Natural Gas

Mining & Mineral products

E-Commerce/App based Aggregator

Auto Ancillaries

Marine Port & Services

Financial Services

BSE Ltd

0.38%

Consumer Durables

Aerospace & Defence

FMCG

Plywood Boards/Laminates

Retail

Trent Ltd

0.33%

Diamond, Gems and Jewellery

Air Transport Service

Telecom Equipment & Infra Services

Bearings

Realty

DLF Ltd

0.30%

Agro Chemicals

Miscellaneous

Gas Distribution

Chemicals

Atul Ltd

0.28%

Credit Rating Agencies

Healthcare

Textiles

Hotels & Restaurants

Tyres

MRF Ltd

0.16%

Paints/Varnish

Alcoholic Beverages

Quick Service Restaurant

Plastic products

Logistics

Preference n Warrants

See All
RiskometerLevel of risk in the scheme
Moderate
High
Low
Very
High

Your investment will be at Moderately High Risk

Fund house & investment objective
Rank (total assets)#10 in India
Total AUM₹2,15,433.54Cr
Date of Incorporation20 Nov 2006
Mirae Asset Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 11 Aug 2022. The fund currently has an Asset Under Management(AUM) of ₹2,15,433.54 Cr and the Latest NAV as of 17 Nov 2025 is ₹15.17.
The Mirae Asset Balanced Advantage Fund Direct Growth is rated Moderately High. Minimum SIP Investment is set to ₹99 . Minimum Lumpsum Investment is ₹5,000. Exit load of 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..
...Read more
Returns and Rankings

Category: Hybrid Dynamic Asset Allocation or Balanced Advantage

1Y3Y5YAll
Fund returns11.08%4.44%-4.34%
Category average7.19%4.03%2.38%-
Rank within category61020-

FAQ’s

What kind of returns does Mirae Asset Balanced Advantage Fund Direct Growth provide?

Mirae Asset Balanced Advantage Fund Direct Growth has given a return of 13.94% in the past 3 years.

What is the expense ratio charged by Mirae Asset Balanced Advantage Fund Direct Growth?

The Expense Ratio charged by Mirae Asset Balanced Advantage Fund Direct Growth is 0.73%.

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

The AUM size of Mirae Asset Balanced Advantage Fund Direct Growth is ₹1,980.91Cr.

What is the minimum SIP amount that you can invest in Mirae Asset Balanced Advantage Fund Direct Growth?

₹99 is the minimum SIP amount that you can invest in Mirae Asset Balanced Advantage Fund Direct Growth .

What are the top stock holdings of Mirae Asset Balanced Advantage Fund Direct Growth?

The top stock holdings of Mirae Asset Balanced Advantage Fund Direct Growth include , HDFC Bank Ltd , State Bank of India , ICICI Bank Ltd and Axis Bank Ltd.

Get started with us today and
start building your wealth journey

*By clicking, I agree to the T&C and Whatsapp updates.

Get started with us today and
start building your wealth journey

*By clicking, I agree to the T&C and Whatsapp updates.