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Mirae Asset Balanced Advantage Fund
Dynamic Asset AllocationRank #15
3/5
NAV (2026-09-07)
₹14.68
AUM
₹2,166.78 Cr
Exp. Ratio: 2.28%
RISK LEVEL
Very High
Returns & Performance
1 Year4.59%2.08% vs cat avgRank #9
3 Year8.92%0.50% vs cat avgRank #14
5 Year----
Since Launch9.87%1.50% vs cat avg
Fund vs Category Average
1Y
4.59%+2.08%
3Y
8.92%+0.50%
Pros & Cons
Pros
✔Outperforms category avg on 1Y returns
✔Strong 3Y track record vs category
✔No lock-in period
✔Decent 1Y category rank (#9)
Cons
✖Higher expense ratio (2.28%)
✖Overall rank #15 in category
✖Returns since launch below category avg
ISININF769K01IK2
NAV₹14.68
NAV Date2026-09-07
AUM₹2,166.78 Cr
Expense Ratio2.28%
RiskVery High
Rating3 / 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
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Mirae Asset Balanced Advantage Fund is ₹14.68 as of 2026-09-07.
Mirae Asset Balanced Advantage Fund is classified as a Dynamic Asset Allocation fund.
The Assets Under Management (AUM) of Mirae Asset Balanced Advantage Fund is ₹2,166.78 Cr.
The expense ratio of Mirae Asset Balanced Advantage Fund is 2.28%.
Mirae Asset Balanced Advantage Fund is managed by Basant Bafna.
The minimum SIP investment for Mirae Asset Balanced Advantage Fund is ₹99.
The exit load for Mirae Asset Balanced Advantage Fund is 1%.
As per the SEBI Riskometer, Mirae Asset Balanced Advantage Fund carries a Very High risk level.
Mirae Asset Balanced Advantage Fund has delivered 4.59% (1Y), 8.92% (3Y) and 0% (5Y) annualised returns as of 2026-09-07.
Mirae Asset Balanced Advantage Fund was launched on 2007-11-30.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
