Return
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Showing Funds Performance since Sep 07, 2020
Fund Overview
Min. investment
SIP ₹99 & Lump. ₹5000
AUM (Fund size)
₹1,940 Cr
Lock In Period
N/A
Expense Ratio
2.05
Benchmark
Nifty50 Hybrid Composite Debt 50:50 Index
Exit Load
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
Summary
Latest details for Mirae Asset Balanced Advantage Fund Growth include a ₹14.514 NAV as of May 07,2026 and returns since inception of 39.46%. Minimum investments start at SIP ₹99. The Mirae Asset Balanced Advantage Fund Growth AUM is ₹1,940 Cr, with a lock-in of N/A years, expense ratio of 2.05%, and benchmark Nifty50 Hybrid Composite Debt 50:50 Index. Exit load is - 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. In the growth review for 1M Month/Year, the fund recorded 4.61% returns, against a category average of 1.22% and a category best of 126.76%.
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Growth Review
| Duration | Fund Return(%) | Category Average(%) | Category Best(%) |
|---|---|---|---|
| 1M | 4.61 | 1.22 | 126.76 |
| 6M | 0.84 | 1.17 | 126.76 |
| 1Y | 6.51 | 4.75 | 126.76 |
| 3Y | 11.73 | 13.65 | 126.76 |
Portfolio Analysis
- Equity: 67.50%
- Debt: 32.51%
- Others
As on: 2026-03-31
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About Fund
Mirae Asset Balanced Advantage Fund Growth managed by Mirae Asset Mutual Fund,is a Equity - Hybridscheme with Assets Under Management of ₹1,940 Crore. The fund benchmarks its performance against the Nifty50 Hybrid Composite Debt 50:50 Index while maintaining an expense ratio of 2.05. 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 |
|---|---|---|---|
| This FundNJ Balanced Advantage Fund Growth | 1 | 3302.74 CR | 1.92 |
| This FundSBI Retirement Benefit Fund - Aggressive Plan Growth | 0 | 2718.98 CR | 1.95 |
| This FundSBI Retirement Benefit Fund - Aggressive Hybrid Plan Growth | 0 | 1465.87 CR | 2.08 |
| This FundMirae Asset Balanced Advantage Fund Growth | 3 | 1939.85 CR | 2.05 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundNJ Balanced Advantage Fund Growth | 2.8331 | 33.7649 |
| This FundSBI Retirement Benefit Fund - Aggressive Plan Growth | 3.7218 | 38.2879 |
| This FundSBI Retirement Benefit Fund - Aggressive Hybrid Plan Growth | 6.3182 | 39.1871 |
| This FundMirae Asset Balanced Advantage Fund Growth | 6.5133 | 39.4648 |
FAQs
Mirae Asset Balanced Advantage Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.
The expense ratio of Mirae Asset Balanced Advantage Fund Growth is 2.05. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.
Mirae Asset Balanced Advantage Fund Growth’s fund performance is as follows:
- 1 Month : 4.61%
- 6 Months : 0.84%
- 1 Year : 6.51%
- 3 Years : 11.73%
You can invest in Mirae Asset Balanced Advantage Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.
The fund size (AUM) of Mirae Asset Balanced Advantage Fund Growth is ₹1,940 crore. It changes based on market performance, inflows, and outflows.
You can track your investment in Mirae Asset Balanced Advantage Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500