Mirae Asset Balanced Advantage Fund Direct dividend payout
Hybrid • Dynamic • Direct dividend payout
Average credit rating
AA
CAGR
₹1,000 invested for 5 years
Fund Info
Hybrid
Dynamic
Direct dividend payout
Launched On
12 Aug 2022
3.9 years ago
Lock-in Period
No lock-in
NAV
as of 25 Jun 2026
₹14.114
+0.0567% (0.10)
AUM
₹2,082 Cr
Expense ratio
0.61%
Benchmark
Fund Plan
Monthly
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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
Market capital
What's in this fund?
Credit Rating
Sectors
Holdings
Financial Services
32.82%
Consumer Cyclical
14.58%
Basic Materials
10.88%
Healthcare
9.49%
Industrials
7.60%
Fund House
Mirae
Inc: 03 Mar 2008 • Total AUM: ₹1,88,869 Cr • Rank #10
Mirae 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
Harshad Borawake
Experience: 6.69 yrs • Total AUM: 1,00,906 Cr
Basant Bafna
Experience: 3.43 yrs • Total AUM: 1,56,634 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'.
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