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Mirae Asset Balanced Advantage Fund
Direct Plan · IDCW · Mirae Asset Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +2.79% | +3.13% | 30 of 37 |
| 1M | +2.59% | +2.43% | 17 of 36 |
| 3M | -0.53% | -2.01% | 4 of 36 |
| 6M | +2.63% | +1.12% | 9 of 36 |
| YTD | -6.28% | -2.04% | 4 of 37 |
| 1Y | -5.02% | -1.75% | 2 of 35 |
| 2Y | +1.78% | +0.87% | 2 of 34 |
| 3Y | +7.79% | +6.80% | 5 of 29 |
| INCEPTION | +8.81% | — | — |
Ranked among: Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +2.39% | +10.12% | -13.64% | 74% | 30% |
| 6M | +4.74% | +16.25% | -10.89% | 78% | 32% |
| 1Y | +10.88% | +26.40% | -8.52% | 81% | 35% |
| 2Y | +11.04% | +20.39% | -0.98% | 96% | 42% |
| 3Y | +10.92% | +14.71% | +6.48% | 100% | 44% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity66.18%
- Debt29.37%
- Cash4.45%
- Other0.00%
Market Cap Split
- Large Cap46.59%
- Mid Cap7.59%
- Small Cap12.00%
- Others33.82%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 23.03 | 23.76 |
| P/B | 3.10 | 3.29 |
| Price / Sales | 2.72 | 3.11 |
| Price / Cash Flow | 16.23 | 17.27 |
| Dividend Yield (%) | 1.20 | 1.45 |
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| HDFC Bank | Banks | 4.70% | +0.13% |
| ICICI Bank | Banks | 3.52% | -0.25% |
| 718GS2033 | Debt | 3.34% | +0.03% |
| TREPS | Reverse Repo / TREPS | 3.19% | — |
| Bharti Airtel | Telecom - Services | 2.82% | -0.01% |
| Reliance Industries | Petroleum Products | 2.72% | -0.13% |
| State Bank of India | Banks | 2.64% | -0.20% |
| 7.60% Torrent Pharmaceuticals Ltd. (MD 19/01/2029)** | Debt | 2.34% | +0.05% |
| 7.53% Bajaj Housing Finance Ltd. (MD 28/09/2029) | Debt | 2.33% | +0.05% |
| 7.63% Mindspace Business Parks Reit (MD 26/09/2028)** | Debt | 2.31% | +0.05% |
| Axis Bank | Banks | 1.74% | +0.12% |
| 71GOI2034 | Debt | 1.63% | +0.02% |
| Mahindra & Mahindra | Automobiles | 1.52% | -0.13% |
| GOI LOAN 6.79% 2034 | Debt | 1.52% | +0.02% |
| Tata Steel | Ferrous Metals | 1.44% | +0.04% |
View all 135 holdings
| SBI Life Insurance | Insurance | 1.39% | +0.00% |
| Net Receivables / (Payables) | Net Current Assets | 1.26% | — |
| Laurus Labs | Pharmaceuticals & Biotechnology | 1.24% | +0.08% |
| TD Power Systems | Electrical Equipment | 1.20% | +0.05% |
| 8.20% Tata Capital Housing Finance Ltd. (MD 25/09/2029) | Debt | 1.19% | — |
| 8.60% Manappuram Finance Ltd. (MD 24/03/2028)** | Debt | 1.18% | +0.03% |
| Shriram Finance | Finance | 1.17% | -0.19% |
| 7.83% Bajaj Housing Finance Ltd. (MD 18/05/2029)** | Debt | 1.17% | +0.02% |
| 7.94% Cholamandalam Investment & Finance Co. Ltd. (MD 20/03/2029)** | Debt | 1.17% | +0.03% |
| 7.77% Bajaj Finance Ltd. (MD 17/04/2029)** | Debt | 1.17% | +0.03% |
| 7.45% ICICI Securities Ltd. (MD 24/11/2028)** | Debt | 1.17% | +0.03% |
| 7.01% National Bank for Agriculture and Rural Development (MD 16/03/2029)** | Debt | 1.16% | +0.03% |
| 7.88% Muthoot Finance Ltd. (MD 22/11/2028) | Debt | 1.16% | +0.03% |
| 654GOI2032 | Debt | 1.16% | +0.01% |
| Kotak Bank | Banks | 1.12% | -0.19% |
| Larsen & Toubro | Construction | 1.11% | -0.05% |
| SDL HR 7.15% 2040 | Debt | 1.11% | +0.01% |
| Sundaram Finance Ltd. (MD 15/09/2027)** | Money Market | 1.10% | — |
| Eternal | Retailing | 1.06% | +0.01% |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 1.05% | -0.06% |
| Titan | Consumer Durables | 1.02% | -0.08% |
| Maruti Suzuki | Automobiles | 0.98% | -0.10% |
| Adani Ports & SEZ | Transport Infrastructure | 0.95% | +0.13% |
| TVS Motors | Automobiles | 0.95% | -0.02% |
| Bajaj Finance | Finance | 0.94% | -0.18% |
| 7.45% Torrent Pharmaceuticals Ltd. (MD 19/01/2028)** | Debt | 0.94% | +0.02% |
| Hindalco Industries | Non - Ferrous Metals | 0.89% | -0.05% |
| MCX | Capital Markets | 0.89% | +0.00% |
| Divis Laboratories | Pharmaceuticals & Biotechnology | 0.86% | +0.01% |
| Infosys | IT - Software | 0.77% | -0.09% |
| Craftsman Automation | Auto Components | 0.77% | -0.03% |
| Tata Consultancy Services | IT - Software | 0.76% | -0.11% |
| Ambuja Cements | Cement & Cement Products | 0.74% | -0.03% |
| Sona BLW Precision Forgings | Auto Components | 0.71% | +0.04% |
| LG Electronics | Consumer Durables | 0.70% | -0.08% |
| NTPC | Power | 0.67% | -0.52% |
| Avenue Supermarts DMart | Retailing | 0.67% | +0.00% |
| Bharat Electronics | Aerospace & Defense | 0.66% | -0.02% |
| Vedanta Aluminium Metal | Non - Ferrous Metals | 0.61% | -0.02% |
| Varun Beverages | Beverages | 0.58% | +0.05% |
| KFin Technologies | Capital Markets | 0.56% | -0.07% |
| Bharat Petroleum | Petroleum Products | 0.56% | -0.02% |
| Jindal Steel | Ferrous Metals | 0.55% | -0.01% |
| CDSL | Capital Markets | 0.54% | -0.04% |
| Schaeffler India | Auto Components | 0.54% | +0.00% |
| JSW Steel | Ferrous Metals | 0.53% | -0.01% |
| Pine Labs | Financial Technology (Fintech) | 0.53% | +0.04% |
| Onesource Specialty Pharma | Pharmaceuticals & Biotechnology | 0.53% | +0.02% |
| Krishna Institute of Medical Sciences | Equity | 0.48% | +0.01% |
| 726GOI2033 | Debt | 0.48% | +0.01% |
| 8.65% Muthoot Finance Ltd. (MD 31/01/2028)** | Debt | 0.47% | +0.01% |
| 7.51% Small Industries Development Bank of India (MD 12/06/2028) | Debt | 0.47% | +0.01% |
| JSW Energy | Power | 0.46% | +0.04% |
| ITC | Diversified FMCG | 0.46% | +0.03% |
| Dr Reddys Laboratories | Pharmaceuticals & Biotechnology | 0.45% | +0.13% |
| Century Plyboards | Consumer Durables | 0.45% | -0.04% |
| Kusumgar | Textiles & Apparels | 0.44% | +0.03% |
| Sai Life Sciences | Pharmaceuticals & Biotechnology | 0.44% | -0.07% |
| Kirloskar Oil Engines | Industrial Products | 0.42% | +0.41% |
| Black Buck | Transport Services | 0.42% | +0.02% |
| Meesho | Retailing | 0.42% | — |
| Foseco | Chemicals & Petrochemicals | 0.42% | +0.02% |
| Dr. Lal Path Labs | Equity | 0.41% | +0.03% |
| Leela Palaces Hotels & Resorts | Leisure Services | 0.38% | +0.01% |
| Godrej Consumer Products | Personal Products | 0.38% | -0.01% |
| 7.56% India Infrastructure Finance Company Ltd. (MD 20/03/2028)** | Debt | 0.38% | +0.01% |
| Symbiotec Pharmalab | Pharmaceuticals & Biotechnology | 0.36% | +0.34% |
| Torrent Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.36% | -0.01% |
| Adani Enterprises | Metals & Minerals Trading | 0.36% | +0.02% |
| Tata Motors Passenger Vehicles | Automobiles | 0.35% | -0.02% |
| Milky Mist Dairy Food | Food Products | 0.34% | -0.05% |
| Oil & Natural Gas Corporation | Oil | 0.34% | +0.00% |
| Apollo Hospitals | Equity | 0.31% | +0.03% |
| JK Cement | Cement & Cement Products | 0.31% | +0.01% |
| Aurobindo Pharma | Pharmaceuticals & Biotechnology | 0.31% | +0.01% |
| International Gemological Institute | Commercial Services & Supplies | 0.30% | -0.02% |
| Eris Lifesciences | Pharmaceuticals & Biotechnology | 0.29% | -0.01% |
| Vishal Mega Mart | Retailing | 0.28% | -0.02% |
| Campus Activewear | Consumer Durables | 0.28% | -0.01% |
| Canara Bank | Banks | 0.28% | +0.00% |
| UltraTech Cement | Cement & Cement Products | 0.26% | +0.00% |
| Tech Mahindra | IT - Software | 0.25% | -0.01% |
| Mphasis | IT - Software | 0.25% | -0.02% |
| CARE Ratings | Capital Markets | 0.24% | -0.01% |
| Deepak Nitrite | Chemicals & Petrochemicals | 0.24% | -0.03% |
| Zensar Technologies | IT - Software | 0.24% | -0.01% |
| Shiprocket | Transport Services | 0.23% | -0.03% |
| Siemens Energy | Electrical Equipment | 0.23% | — |
| 734GOI2064 | Debt | 0.23% | +0.01% |
| Glenmark Pharmaceuticals | Pharmaceuticals & Biotechnology | 0.22% | -0.21% |
| Go Digit General Insurance | Insurance | 0.22% | +0.01% |
| Power Finance Corporation | Finance | 0.20% | +0.00% |
| Neogen Chemicals | Chemicals & Petrochemicals | 0.20% | — |
| JSW Infrastructure | Transport Infrastructure | 0.19% | -0.08% |
| 7.64% National Bank for Agriculture and Rural Development (MD 06/12/2029)** | Debt | 0.19% | +0.01% |
| BSE | Capital Markets | 0.18% | — |
| Eicher Motors | Automobiles | 0.18% | -0.47% |
| Crompton Greaves | Consumer Durables | 0.18% | -0.02% |
| Greenply Industries | Consumer Durables | 0.17% | +0.01% |
| Gujarat Energy | Gas | 0.17% | -0.01% |
| Interglobe Aviation | Transport Services | 0.17% | +0.00% |
| HDFC Life Insurance | Insurance | 0.17% | +0.00% |
| HDFC AMC | Capital Markets | 0.16% | -0.02% |
| Kanohar Electricals | Electrical Equipment | 0.15% | — |
| Turtlemint Fintech Solutions | Financial Technology (Fintech) | 0.15% | -0.09% |
| Federal Bank | Banks | 0.14% | -0.22% |
| Atul | Chemicals & Petrochemicals | 0.13% | -0.16% |
| Nestle | Food Products | 0.13% | -0.01% |
| United Spirits | Beverages | 0.11% | -0.01% |
| Tata Power | Power | 0.08% | +0.00% |
| Bank of Baroda | Banks | 0.08% | +0.00% |
| Indian Hotels Company | Leisure Services | 0.08% | +0.00% |
| Bharat Heavy Electricals | Electrical Equipment | 0.08% | +0.00% |
| Prince Pipes & Fittings | Industrial Products | 0.08% | -0.01% |
| Ashok Leyland | Agricultural, Commercial & Construction Vehicles | 0.06% | -0.05% |
| Punjab National Bank | Banks | 0.05% | +0.00% |
| Cipla | Pharmaceuticals & Biotechnology | 0.04% | -0.17% |
| GSPL Transmission | Gas | 0.03% | -0.01% |
| Asian Paints | Consumer Durables | 0.03% | -0.11% |
| Moneyview | Financial Technology (Fintech) | 0.01% | — |
Sector Allocation · Sep 2026
View all 36 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 11.09 | 9.20 | High Volatility |
| 3Y | 8.81 | 8.98 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -1.09 | -0.81 | Below Average |
| 3Y | 0.20 | 0.10 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.49 | 0.42 | Below Average |
| 3Y | 1.17 | 1.14 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.97 | 1.06 | Good Risk Adjusted Returns |
| 3Y | 0.97 | 1.09 | Good Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
UNIFI DYNAMIC ASSET ALLOCATION FUND
Direct Plan · GROWTH
|
+8.57% | — | — | +8.47% |
|
ICICI Prudential Balanced Advantage Fund
Regular Plan · Growth
|
+2.77% | +10.67% | +9.66% | +10.93% |
|
Edelweiss Balanced Advantage Fund
Regular Plan · Growth
|
+2.47% | +9.96% | +8.03% | +10.20% |
|
WhiteOak Capital Balanced Advantage Fund
Direct Plan · Growth Option
|
+1.98% | +11.98% | — | +12.76% |
|
Parag Parikh Dynamic Asset Allocation Fund
Regular Plan · Growth
|
+1.94% | — | — | +5.99% |
|
Bajaj Finserv Balanced Advantage Fund
Direct Plan · Growth
|
+1.44% | — | — | +7.01% |
|
Helios Balanced Advantage Fund
Direct Plan · Growth
|
+1.43% | — | — | +7.10% |
|
Baroda BNP Paribas Balanced Advantage Fund
Regular Plan · Growth Option
|
+1.35% | +11.08% | +9.26% | +12.42% |
|
Axis Balanced Advantage Fund
Direct Plan · Growth Option
|
+1.17% | +12.19% | +9.53% | +9.98% |
|
BANK OF INDIA BALANCED ADVANTAGE FUND
Regular Plan · Growth
|
+1.06% | +8.52% | +9.15% | +7.75% |
More From Mirae Asset Investment Managers (India) Pvt. Ltd
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Mirae Asset S&P 500 Top 50 ETF Fund of Fund
Direct Plan · Growth
|
+29.35% | +41.95% | +25.08% | +25.94% |
| Mirae Asset Silver ETF | +26.31% | +36.47% | — | +30.17% |
|
Mirae Asset NYSE FANG + ETF Fund of Fund
Direct Plan · Growth
|
+21.29% | +50.85% | +29.57% | +31.68% |
|
Mirae Asset Gold Silver Passive FoF
Direct Plan · IDCW
|
+21.29% | — | — | +35.40% |
|
Mirae Asset Healthcare Fund
Direct Plan · Growth
|
+21.28% | +24.36% | +16.89% | +22.00% |
| Mirae Asset Nifty Metal ETF | +19.77% | — | — | +11.29% |
|
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund
Direct Plan · Growth
|
+18.59% | +34.76% | — | +33.45% |
| Mirae Asset Gold ETF | +16.94% | +31.04% | — | +27.13% |
|
Mirae Asset Gold ETF Fund of Fund
Direct Plan · Growth
|
+16.76% | — | — | +32.55% |
| Mirae Asset NYSE FANG+ ETF | +9.94% | +37.12% | +22.50% | +24.56% |
About This Scheme
Investment Objective
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.
Stated Asset Allocation
Equity and equity related instruments - 0 to 100% (high) Debt securities (including securitized debt), money market instruments (including Triparty REPO, Reverse Repo and equivalent) -0 to 100% (Medium to high)
Exit Load
I. For investors who have opted for SWP under the plan: a) 15% of the units allotted (including Switch-in/STP-in) on or before completion of 180 days from the date of allotment of units: Nil. b) Any redemption in excess of such limits in the first 180 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO): -If redeemed within 6 months (180 days) from the date of allotment: 1% -If redeemed after 6 months (180 days) from the date of allotment: NIL II. Other Redemptions: For Investors who have not opted for SWP under the plan (including Switch out, STP out): -If redeemed within 6 months (180 days) from the date of allotment: 1% -If redeemed after 6 months (180 days) from the date of allotment: NIL
Fund Managers
Mr. Harshad Borawake (Equity portion), Mr. Basant Bafna (Debt portion)
Mr. Harshad Borawake (Equity portion) - Primary, Mr. Basant Bafna (Debt portion)- Primary
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.