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Mirae Asset Balanced Advantage Fund Direct dividend payout
Hybrid • Dynamic • Direct dividend payout
Average credit rating
AAA (Highest)
CAGR
₹1,000 invested for 5 years
Fund Info
Hybrid
Dynamic
Direct dividend payout
Launched On
12 Aug 2022
3.3 years ago
Lock-in Period
No lock-in
NAV
as of 12 Dec 2025
₹15.16
+0.4107% (0.10)
AUM
₹1,981 Cr
Expense ratio
0.73%
Benchmark
Nifty 50 Hybrid Comp Debt 50:50
Fund Plan
Monthly
Tax info and exit load
Taxes
Units held less than 3Y
As per tax slab
Units held more than 3Y
20%
Exit Load
If units sold before 180D
1%
If units sold after 180D
0%
Distribution
Asset split
Market capital
Equity52.56%
Debt27.40%
Cash20.05%
What's in this fund?
Credit Rating
Sectors
Holdings
Financial Services
Consumer Cyclical
Basic Materials
Technology
Healthcare
Fund House
Mirae
Inc: 03 Mar 2008 • Total AUM: ₹1,91,928 Cr • Rank #10Mirae Asset Mutual Fund, started in 1998, has Mirae Asset Global Investments as its sponsors. The fund house is headed by Swarup Anand Mohanty as the CEO. As of 31 March 2024, it has an AUM of ₹164,468 Cr. As of December 2023, Mirae Asset Mutual Fund had more than 59 lakh folios and a monthly SIP book of ₹869 crore.
Fund Managers
Mahendra Jajoo
Experience: 9.27 yrs • Total AUM: 2,93,044 Cr
Harshad Borawake
Experience: 6.16 yrs • Total AUM: 93,918 Cr
Risk
Category risk
Moderately high
As provided by the fund house document, this risk is specific to this fund category (Hybrid). To know the risk of this fund particularly, check 'Risk vs Category'.
Disclaimer: Top rated funds do not constitute any advice. Research data is powered by Morningstar. Please read the offer documents carefully before investing. Upstox shall not accept any liability arising out of your investments.