Mutual Fund Details

Mirae Asset Balanced Advantage Fund Direct - Growth

Hybrid Dynamic Asset Allocation

NAV

₹12.6680

as on 18 Apr 2024, 11:47 PM

₹-0.0250(0.20%)

Last Change

Schemes Managed By

Investment Performance

would have given a return of

₹1,03,499

₹1,06,749

₹1,21,212

₹1,22,930

Bank Account

Fixed Deposit

Regular Mutual Fund

This Fund on Paytm Money

This Mutual Fund

₹22,931

Profit (absolute return)

22.93%

in the last

max

+1% Higher Returns

With Direct Plans on Paytm Money

Investment Returns

In the last 3 months

2.78%

In the last 6 months

10.03%

In the last 1 year

22.93%

In the last 3 years

In the last 5 years

In the last 10 years

Absolute Returns

CAGR

Scheme Riskometer

low

low to moderate

moderate

moderately high

high

very high

Investors understand that their principal will be at very high risk

Scheme Information

Mirae Asset Balanced Advantage Fund Direct - Growth

as of 31 Mar 2024, 05:30 AM

₹1,534.21 Cr

Scheme Asset Size

Fund Type

Open-End

Exit Load

For units in excess of 15% of the investment,1% will be charged for redemption within 365 days

0.69%

Expense Ratio

Plan

Growth

24.24%

Cash Holding

Benchmark

NIFTY 50 Hybrid Composite debt 50:50 Index

Scheme Document

View

Benchmark

NIFTY 50 Hybrid Composite debt 50:50 Index

Exit Load

For units in excess of 15% of the investment,1% will be charged for redemption within 365 days

Scheme Document

View

Sectors Holding in this Mutual Fund

as on 31 Mar 2024

Sort By

Value

Sector

Financial

17.74%

₹272.12 Cr

Energy

4.46%

₹68.43 Cr

Technology

4.31%

₹66.12 Cr

Automobile

3.83%

₹58.78 Cr

Services

3.37%

₹51.74 Cr

Others

66.29%

₹1,017.02 Cr

View All

Sectors Holding in this Mutual Fund

as on 31 Mar 2024

Sort By

Value

Sector

Financial

17.74%

₹272.12 Cr

Energy

4.46%

₹68.43 Cr

Technology

4.31%

₹66.12 Cr

Automobile

3.83%

₹58.78 Cr

Services

3.37%

₹51.74 Cr

Others

66.29%

₹1,017.02 Cr

View All

Companies Holding in this Mutual Fund

as on 31 Mar 2024

Sort By

Value

Company

GOI

12.43%

₹190.70 Cr

HDFC Bank Ltd.

5.95%

₹91.29 Cr

ICICI Bank Ltd.

3.31%

₹50.78 Cr

State Bank of India

2.91%

₹44.65 Cr

Others

75.40%

₹1,156.79 Cr

View All

Companies Holding in this Mutual Fund

as on 31 Mar 2024

Sort By

Value

Company

GOI

12.43%

₹190.70 Cr

HDFC Bank Ltd.

5.95%

₹91.29 Cr

ICICI Bank Ltd.

3.31%

₹50.78 Cr

State Bank of India

2.91%

₹44.65 Cr

Others

75.40%

₹1,156.79 Cr

View All

Instruments Holding in this Mutual Fund

as on 31 Mar 2024

Sort By

Value

Instrument

Cash Margin

16.25%

₹249.27 Cr

GOI Sec

12.43%

₹190.67 Cr

Debenture

8.28%

₹127.06 Cr

Repo

6.47%

₹99.30 Cr

NCD

3.69%

₹56.54 Cr

Others

52.88%

₹811.29 Cr

View All

Instruments Holding in this Mutual Fund

as on 31 Mar 2024

Sort By

Value

Instrument

Cash Margin

16.25%

₹249.27 Cr

GOI Sec

12.43%

₹190.67 Cr

Debenture

8.28%

₹127.06 Cr

Repo

6.47%

₹99.30 Cr

NCD

3.69%

₹56.54 Cr

Others

52.88%

₹811.29 Cr

View All

Funds in this Category

This fund's returns:

22.93%

Return Duration

1 Year

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HybridDynamic Asset Allocation

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HybridDynamic Asset Allocation

About Mirae Asset Balanced Advantage Fund Direct - Growth

Mirae Asset Balanced Advantage Fund Direct - Growth is a Hybrid mutual fund scheme from Mirae Asset Mutual Fund. This scheme was launched on Invalid date and is currently managed by its fund managers Harshad Borawake and Mahendra Kumar Jajoo. It has an AUM of ₹1,534.21 Crores and the latest NAV decalared is ₹12.668 as on 19 Apr 2024 at 11:38 am.

Mirae Asset Balanced Advantage Fund Direct - Growth scheme return performance in last 1 year is 22.93%, is 26.44% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.