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Scheme Profile

Mirae Asset Balanced Advantage Fund (G)

Get detailed information of scheme on investment, NAV, Performance.

AUM (

Cr. )

1,897

Inception Date

11-08-2022

Category

Hybrid - Dynamic Asset Allocation

Key Parameters

Type
OPEN ENDED
Minimum Investment ()
5000

52 Week High / Low ()
14.221 (23-Jul-2025) / 12.753 (28-Feb-2025)
Incremental Investment ()
1000

NAV ()
13.90 ( -0.03) ( -0.22 %)
Benchmark
Nifty 50 Hybrid Composite Debt 50:50 Index

Fund Manager
Harshad Borawake
Value of () 1,00,000 since inception
1,39,030

Entry Load
NIL
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.

Expense Ratio (%)
2.06
Maturity Date
NA

Portfolio Indicators

Portfolio P/E
23.50 times
Portfolio P/B
3.90 times

Average Maturity
4.9 years
Yield To Maturity
6.09 %

Modified Duration
3.45 years
Turnover Ratio (%)
2.79

Risk Factors

Jenson's Alpha
3.27
Standard Deviation
2.02

Beta
0.55
Sharpe
0.93

R-Squared
1.00
Treynor Factor
0.00

NAV Movement

3M
6M
1Y
3Y
5Y

AUM Growth ( Cr.)

3M
6M
1Y
3Y
5Y

Performance

Scheme Name
YTD (%)
3 Months (%)
6 Months (%)
1 Year (%)
3 Years (%)
5 Years (%)
10 Years (%)
Since Inception

Mirae Asset Balanced Advantage Fund (G)
3.38
-0.20
9.02
1.93
11.86
0
-
11.40

Nifty 50 Hybrid Composite Debt 50:50 Index
-

Company Top 5 Holdings

[ As on 31 Jul 2025 ] More

Company
Asset
Value( in Cr.)
Holdings (%)

HDFC Bank Ltd
Equity
5,58,682
5.95

State Bank of India
Equity
7,36,224
3.09

ICICI Bank Ltd
Equity
3,57,173
2.79

Bharti Airtel Ltd
Equity
2,45,387
2.48

Reliance Industries Ltd
Equity
2,98,584
2.19

Sector Top 5 Holdings

[ As on 31 Jul 2025 ] More

Sector
Value( in Cr.)
Holdings (%)

Banks
22,31,097
22.61

IT - Software
22,33,573
7.98

Pharmaceuticals
5,02,308
6.75

Automobile
2,84,330
6.13

Refineries
6,54,848
4.20

Annual Performance

Year	Return (%)				AUM ( in Cr.)
Year	Scheme Return	Category Return	Benchmark Return	Sensex Return	AUM ( in Cr.)
YTD	3.38	1.11	-	1.66	1,896.51
2024	11.00	12.01	-	8.12	1,779.30
2023	17.83	16.80	-	18.10	1,477.90
2022	2.12	2.99	-	2.80	953.06

Quarterly Performance

Year	Return (%)				AUM ( in Cr.)
Year	Scheme Return	Category Return	Benchmark Return	Sensex Return	AUM ( in Cr.)
Jun-2025	7.20	7.12	-	9.97	1,899.14
Mar-2025	-0.68	-2.60	-	-1.39	1,765.74
Dec-2024	-2.90	-3.18	-	-7.27	1,779.30
Sep-2024	4.46	4.71	-	6.07	1,770.05

Peer Comparison

Scheme Name
AUM ( Cr.)
1 Year (%)
3 Year (%)
5 Year (%)
Since Inception
Inception Date
Sharpe
Std.Dev.

ICICI Pru Balanced Advantage Fund
64,964.03
5.41
13.01
13.85
11.32
31-Dec-2006
1.31
1.61

UTI-Unit Linked Insurance Plan
5,401.75
4.69
8.66
10.16
10.35
01-Oct-1971
0.66
1.59

Parag Parikh Dynamic Asset Allocation Fund
2,414.57
4.38
0
0
8.33
27-Feb-2024
1.15
0.96

DSP Dynamic Asset Allocation Fund
3,503.00
3.85
11.19
10.12
9.08
06-Feb-2014
1.01
1.65

UTI-Balanced Advantage Fund
3,003.72
3.16
0
0
11.38
10-Aug-2023
0.94
2.10

Aditya Birla SL Balanced Advantage Fund
8,157.01
3.05
12.65
12.88
9.72
25-Apr-2000
1.01
2.13

Franklin India Balanced Advantage Fund
2,747.69
2.20
0
0
12.54
06-Sep-2022
1.22
1.89

Mirae Asset Balanced Advantage Fund
1,896.51
1.93
11.86
0
11.40
11-Aug-2022
0.93
2.02

SBI Balanced Advantage Fund
36,558.31
1.93
13.35
0
10.89
31-Aug-2021
1.29
1.78

Bandhan Balanced Advantage Fund
2,291.97
1.58
10.26
10.16
8.34
10-Oct-2014
0.81
1.90

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