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Mutual Funds

Mirae Asset Balanced Advantage Fund

Mi

Mirae Asset Balanced Advantage Fund

Dynamic Asset AllocationRank #12
4/5

NAV (2026-07-14)

14.59

AUM

₹2,128.89 Cr

Exp. Ratio: 2.28%

RISK LEVEL

Very High

Returns & Performance

1 Year2.97%1.87% vs cat avgRank #12
3 Year9.74%0.40% vs cat avgRank #15
5 Year----
Since Launch10.09%--

Fund vs Category Average

1Y
2.97%+1.87%
3Y
9.74%+0.40%

Pros & Cons

Pros

Outperforms category avg on 1Y returns
Strong 3Y track record vs category
No lock-in period
Decent 1Y category rank (#12)

Cons

Higher expense ratio (2.28%)
Overall rank #12 in category
ISININF769K01IK2
NAV₹14.59
NAV Date2026-07-14
AUM₹2,128.89 Cr
Expense Ratio2.28%
RiskVery High
Rating4 / 5
Min SIP Amount₹99
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2007-11-30

INVESTMENT OBJECTIVE

The scheme seeks to capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives.

Exit Load1.00%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsNA

Basant Bafna

Mr. Bafna has done B.Com, MBA, CS, CA, FRM and CFA

Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India

Top Holdings

Holdings data not available for this scheme