Mirae Asset Balanced Advantage Fund
Get the latest NAV of Mirae Asset Balanced Advantage Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹14.63
1D
NAV as on 13 Mar 2026
11.14%/per year
Since Inception
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204 people have invested ₹ 26.5L in Mirae Asset Balanced Advantage Fund in the last three months
Mirae Asset Balanced Advantage Fund Performance vs. Dynamic Asset Allocation Index
Fund returns vs Benchmark returns vs Category Average returns as on (13-Mar-26)
The fund has outperformed the benchmark (Dynamic Asset Allocation Index) over 1Y, 3Y, but underperformed over 5Y.
Mirae Asset Balanced Advantage Fund Ranking and Peer Comparison
Ranked based on performance, risk management and cost efficiency
Ranked 2 out of 18 mutual funds in the dynamic asset allocation category as per INDmoney.
Mirae Asset Balanced Advantage Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mirae Asset Balanced Advantage Fund Asset Allocation
See fund asset allocation details as on (14-Mar-26)
Fund Distribution
as on (14-Mar-26)
Mirae Asset Balanced Advantage Fund Sector Allocation
See fund sector allocation details as on (14-Mar-26)
Sector Allocation
Top 3 Sectors in February were Financial Services, Corporate & Government
Financial Services
33%
Corporate
31%
Government
27%
Financial Services
33%
Corporate
32%
Government
28%
Mirae Asset Balanced Advantage Fund Holdings Details
as on (28-Feb-26)
Mirae Asset Balanced Advantage Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.66% |
Benchmark | Nifty 50 Hybrid Comp Debt 50:50 TR INR |
| AUM | ₹2053 Cr |
| Inception Date | 12 August, 2022 |
| Min Lumpsum/SIP | ₹5,000/₹99 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 92.85% |
| Risk |   Moderately High risk |
About Mirae Asset Balanced Advantage Fund
Mirae Asset Balanced Advantage Fund is a hybrid fund. This fund was started on 12 August, 2022. The fund is managed by Harshad Borawake, Basant Bafna. This fund gives you the benefit of diversification.
Key Parameters
- Mirae Asset Balanced Advantage Fund has ₹2053 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
Mirae Asset Balanced Advantage Fund has given a CAGR return of 11.14% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 9.45% and 13.35% respectively.
Holdings
Mirae Asset Balanced Advantage Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Government, Consumer Cyclical, Basic Materials, Tech, Health, Industrial, Energy, Communication, Consumer Defensive, Utilities, Real Estate.
Taxation
As it is a dynamic asset allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Mirae Asset Balanced Advantage Fund
The investment objective of the scheme is 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. However, there is no assurance or guarantee that the investment objective of the scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Balanced Advantage Fund has no lock in period.
Fund Manager
Harshad Borawake
Fund Manager of Mirae Asset Balanced Advantage Fund, since 12 August 2022
Basant Bafna
Fund Manager of Mirae Asset Balanced Advantage Fund, since 27 December 2025
- AUM of the fund stands at 2.1K Cr as of Feb'26
- AUM increased by 45.9 Cr between Feb'26 and Jan'26
Frequently Asked Questions for Mirae Asset Balanced Advantage Fund
How do I invest in Mirae Asset Balanced Advantage Fund?
- Download the INDmoney app.
- Search for ‘Mirae Asset Balanced Advantage Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.