Mirae Asset Balanced Advantage Fund Growth Return
- 1M
- 3M
- 6M
- 1Y
- 3Y
- 5Y
This Fund:
Sensex:
BankFD:
Showing Funds Performance since Sep 07, 2020
Mirae Asset Balanced Advantage Fund Growth Fund Overview
SIP ₹99 & Lump. ₹5000
₹2,109 Cr
N/A
2.28
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.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
Nifty50 Hybrid Composite Debt 50:50 Index
Mirae Asset Balanced Advantage Fund Growth Calculate Returns
You would have got
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Growth Review
| Duration | Fund Return(%) | Category Average(%) | Category Best(%) |
|---|---|---|---|
| 1M | -2.92 | -1.39 | 1.08 |
| 6M | -2.10 | 0.85 | 7.16 |
| 1Y | -1.18 | 2.85 | 25.12 |
| 3Y | 7.95 | 12.51 | 39.84 |
Portfolio Analysis
- Equity: 66.18%
- Debt: 33.82%
- Others
About Fund Mirae Asset Balanced Advantage Fund Growth
Mirae Asset Balanced Advantage Fund Growth managed by Mirae Asset Mutual Fund,is a Balanced Fundsscheme with Assets Under Management of ₹2,109 Crore. The fund benchmarks its performance against the Nifty50 Hybrid Composite Debt 50:50 Index while maintaining an expense ratio of 2.28. Under the expert guidance of Harshad Borawake ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.
Fund Managers
Harshad Borawake
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.
Peer Comparison
| Fund Name | Ratings | AUM | Expense Ratio |
|---|---|---|---|
| Kotak Balanced Advantage Fund Growth | 4 | 16,618 CR | 1.89 |
| Bandhan Balanced Advantage Fund Growth | 2 | 2,234 CR | 2.31 |
| Mirae Asset Balanced Advantage Fund Growth | 3 | 2,109 CR | 2.28 |
| Quant Dynamic Asset Allocation Fund Growth | 0 | 810 CR | 3.04 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundKotak Balanced Advantage Fund Growth | -3.428 | 23.7125 |
| This FundBandhan Balanced Advantage Fund Growth | -0.6279 | 24.6506 |
| This FundMirae Asset Balanced Advantage Fund Growth | -1.1776 | 25.805 |
| This FundQuant Dynamic Asset Allocation Fund Growth | -7.1738 | 33.8213 |
Mirae Asset Balanced Advantage Fund Growth FAQs
- 1 Month : -2.92%
- 6 Months : -2.10%
- 1 Year : -1.18%
- 3 Years : 7.95%
