Mirae Asset Balanced Advantage Fund Regular Plan- Growth
Fund House: Mirae Asset Mutual Fund| Category: Hybrid: Dynamic Asset Allocation |
| Launch Date: 18-08-2022 |
| Asset Class: |
| Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index |
| TER: 2.06% As on (31-07-2025) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 1,896.5 Cr As on 31-07-2025(Source:AMFI) |
| Turn over: 273% | 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 365 days from the date of allotment of units: Nil. b) Any redemption in excess of such limits in the first 365 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 1 year (365 days) from the date of allotment: 1% -If redeemed after 1 year (365 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 1 year (365 days) from the date of allotment: 1% -If redeemed after 1 year (365 days) from the date of allotment: NIL |
13.933
-0.07 (-0.4737%)
11.44%
Benchmark: 11.41%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
AK Hybrid Balanced TRI
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
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 achieved.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 6.95 |
| Sharpe Ratio | 0.88 |
| Alpha | 6.02 |
| Beta | 0.01 |
| Yield to Maturity | 6.9 |
| Average Maturity | 4.64 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Mirae Asset Balanced Advantage Fund Regular Plan- Growth | 18-08-2022 | 2.16 | 11.44 | 11.72 | - | - |
| ICICI Prudential Balanced Advantage Fund - Growth | 01-12-2006 | 5.51 | 14.32 | 12.9 | 13.87 | 11.09 |
| UTI - Unit Linked Insurance Plan | 01-10-1971 | 4.93 | 10.19 | 8.53 | 10.2 | 7.94 |
| WhiteOak Capital Balanced Advantage Fund Regular Plan Growth | 10-02-2023 | 4.46 | 14.21 | - | - | - |
| Parag Parikh Dynamic Asset Allocation Fund - Regular Plan Growth | 27-02-2024 | 4.38 | - | - | - | - |
| DSP Dynamic Asset Allocation Fund - Regular Plan - Growth | 01-02-2014 | 3.97 | 12.3 | 11.02 | 10.14 | 8.9 |
| UTI Balanced Advantage Fund - Regular Plan - Growth Option | 10-08-2023 | 3.44 | 11.93 | - | - | - |
| Aditya Birla Sun Life Balanced Advantage Fund - Regular Plan - Growth Option | 25-04-2000 | 3.28 | 13.14 | 12.41 | 12.92 | 10.99 |
| Franklin India Balanced Advantage Fund- Growth | 06-09-2022 | 2.4 | 13.29 | - | - | - |
| SBI Balanced Advantage Fund - Regular Plan - Growth | 01-08-2021 | 1.96 | 12.43 | 13.15 | - | - |
Scheme Characteristics
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
8.24%
Others
19.4%
Large Cap
51.3%
Mid Cap
7.24%
