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
₹2,082 Cr
N/A
2.26
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 | 2.23 | -0.17 | 126.76 |
| 6M | 0.55 | 1.63 | 126.76 |
| 1Y | 2.27 | 4.20 | 126.76 |
| 3Y | 10.02 | 13.24 | 126.76 |
Portfolio Analysis
- Equity: 67.34%
- Debt: 32.70%
- Others
About Fund Mirae Asset Balanced Advantage Fund Growth
Mirae Asset Balanced Advantage Fund Growth managed by Mirae Asset Mutual Fund,is a Equity - Hybridscheme with Assets Under Management of ₹2,082 Crore. The fund benchmarks its performance against the Nifty50 Hybrid Composite Debt 50:50 Index while maintaining an expense ratio of 2.26. 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 |
|---|---|---|---|
| NJ Balanced Advantage Fund Growth | 1 | 3392.12 CR | 2.56 |
| SBI Retirement Benefit Fund - Aggressive Plan Growth | 0 | 3000.31 CR | 2.02 |
| SBI Retirement Benefit Fund - Aggressive Hybrid Plan Growth | 0 | 1576.45 CR | 2.13 |
| Mirae Asset Balanced Advantage Fund Growth | 3 | 2081.61 CR | 2.26 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundNJ Balanced Advantage Fund Growth | -1.31 | 28.2876 |
| This FundSBI Retirement Benefit Fund - Aggressive Plan Growth | -2.5266 | 29.2526 |
| This FundSBI Retirement Benefit Fund - Aggressive Hybrid Plan Growth | 0.7448 | 31.5046 |
| This FundMirae Asset Balanced Advantage Fund Growth | 2.2735 | 33.1806 |
Mirae Asset Balanced Advantage Fund Growth FAQs
- 1 Month : 2.23%
- 6 Months : 0.55%
- 1 Year : 2.27%
- 3 Years : 10.02%
