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NAV as on Jul 16, 2026
Benchmark
Nifty50 Hybrid Composite Debt 50:50 Index
Expense Ratio
0.92%
Fund Category
Hybrid - Dynamic Asset Allocation/Balanced Advantage
Fund Size
Rs 2,129 Crores
Exit Load
1.00%
Min. Investment
Rs 5,000
Nav Chart
Source: Dion Global
Asset Allocation
Source: Dion Global
Sector Allocation
Source: Dion Global
Mirae Asset Balanced Advantage Fund - Direct Plan - IDCW Fund Details
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.
Fund House
Return Since Launch
9.34%
Launch Date
Jul 21, 2022
Type
Open Ended
Riskometer
Very High
Source: Dion Global
Ratio Analysis
Standard Deviation
6.90 vs 7.16
Fund Vs Category Avg
Beta
1.00 vs 0.94
Fund Vs Category Avg
Sharpe Ratio
0.75
Category Avg
Portfolio Turnover Ratio
218.06
Category Avg
Source: Dion Global
Top Holdings
Name | Assets (%) | Sector | Instrument |
|---|---|---|---|
| 5.24 | Equity | ||
| 3.63 | Equity | ||
| 2.95 | Equity | ||
| 2.84 | Equity | ||
| 2.80 | Equity | ||
| 1.78 | Equity | ||
| 1.68 | Equity | ||
| 1.58 | Equity | ||
| 1.45 | Equity | ||
| 1.44 | Equity |
Source: Dion Global
Jul 16, 2026
Performance Analysis
1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | SI | |
|---|---|---|---|---|---|---|---|---|---|
| Fund Returns (%) | -0.16 | 1.22 | 1.90 | -6.60 | -4.13 | 8.29 | NA | NA | 9.34 |
| Category Average (%) | -0.22 | 1.30 | 2.28 | 0.54 | 1.47 | 7.88 | 5.25 | NA | 9.25 |
| Rank within Category | 43 | 74 | 78 | 168 | 139 | 64 | NA | NA | 56 |
Source: Dion Global
* Returns over 1 year are CAGR
Peer Comparision
Scheme Name(IDCW Direct) | NAV (Rs) | AUM (Rs Cr) | 1W(%) | 1M(%) | 3M(%) | 6M(%) | 1Y(%) | 3Y(%) | 5Y(%) | 10Y(%) | SI(%) | ER(%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 43.39 | 1,06,456 | -0.30 | 0.52 | -0.41 | -4.53 | -5.94 | 6.70 | 6.87 | 3.85 | 11.44 | 0.77 | |
| 29.59 | 72,486 | -0.44 | 1.16 | 1.41 | 0.75 | -0.07 | 5.30 | 4.55 | 4.42 | 8.35 | 1.07 | |
| 16.67 | 41,513 | -0.34 | 0.67 | 1.24 | 0.13 | 3.36 | 11.33 | NA | NA | 11.09 | 0.88 | |
| 23.09 | 17,372 | -0.13 | 1.61 | 2.89 | 1.53 | 2.74 | 10.50 | 10.06 | NA | 11.12 | 0.81 | |
| 28.94 | 13,031 | -0.34 | 0.98 | 1.83 | -0.45 | 1.44 | 7.28 | 7.17 | 7.33 | 8.21 | 0.76 | |
| 45.96 | 9,796 | -0.70 | 1.33 | 1.38 | -0.52 | -1.30 | 6.12 | 4.91 | 5.57 | 11.92 | 0.88 | |
| 30.26 | 9,490 | -0.30 | 1.17 | 1.34 | -0.66 | -1.69 | 4.69 | 3.67 | 4.09 | 8.52 | 0.94 | |
| 22.87 | 8,834 | -0.67 | 1.53 | -0.34 | -1.57 | 0.11 | 8.97 | 9.61 | NA | 12.37 | 0.68 | |
| 17.77 | 5,003 | -0.14 | -0.08 | 1.05 | -2.71 | -1.20 | 4.20 | 3.92 | NA | 7.80 | 1.01 | |
| 14.10 | 3,814 | -0.35 | 1.15 | 1.95 | -6.68 | -4.15 | 4.29 | 2.44 | NA | 3.92 | 1.07 |
Source: Dion Global
Jul 16, 2026
Return Calculator
Over the past
Invested
₹5000
- Invested Amount
- Estimated Return
Total investment of ₹5000
Would have become ₹4,794 (-4.13%)
Fund Manager
Mr. Harshad Borawake is MBA(Finance) & B.E.(Polymers) Prior to joining Mirae Asset Mutual Fund, he has worked with Motilal Oswal Securities Ltd. as Vice President and Capmetrics & Risk Solutions Private Ltd. as Research Analyst - Equity.
View MoreHere is the list of funds managed by Harshad Borawake
Scheme Name(IDCW Direct) | Category | NAV(Rs) | AUM(Rs Cr) | 1Y(%) | 5Y(%) |
|---|---|---|---|---|---|
| Hybrid - Aggressive | 21.12 | 9,426 | -1.78 | 3.17 | |
| Hybrid - Multi Asset Allocation | 13.91 | 3,478 | 11.23 | NA | |
| Equity - Sectoral/Thematic | 23.55 | 2,305 | 4.94 | 14.37 | |
| Hybrid - Dynamic Asset Allocation/Balanced Advantage | 14.20 | 2,129 | -4.13 | NA | |
| Hybrid - Equity Savings | 13.69 | 1,983 | -3.54 | 0.69 |
Source: Dion Global
Jul 16, 2026
Top Performing Related Funds
Scheme Name(IDCW Direct) | NAV (Rs) | AUM (Rs Cr) | 1W(%) | 1M(%) | 3M(%) | 6M(%) | 1Y(%) | 3Y(%) | 5Y(%) | 10Y(%) | SI(%) | ER(%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 83.71 | 44,048 | -0.33 | 3.00 | 4.94 | 1.53 | -3.26 | 6.13 | 3.88 | 9.95 | 16.99 | 0.86 | |
| 66.52 | 38,379 | -0.43 | 1.51 | 2.61 | -10.57 | -8.34 | 4.33 | 6.61 | 9.46 | 15.02 | 0.76 | |
| 26.93 | 26,049 | -0.70 | 2.32 | 4.74 | 0.67 | -12.50 | 2.86 | 2.33 | 9.15 | 9.84 | 1.04 | |
| 28.76 | 19,543 | -0.15 | 5.02 | 9.70 | 7.11 | 1.16 | 10.11 | 7.72 | NA | 16.37 | 0.91 | |
| 21.12 | 9,426 | -0.27 | 0.83 | 0.43 | -2.27 | -1.78 | 4.48 | 3.17 | 6.86 | 7.05 | 0.57 | |
| 24.81 | 6,576 | -0.52 | 3.29 | 6.33 | -2.98 | -4.99 | 5.01 | 6.08 | NA | 13.50 | 0.93 |
Source: Dion Global
Jul 16, 2026
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