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Mirae Asset Balanced Advantage Fund Direct Growth
Direct
Growth
3 yr CAGR
+9.53%
Direct
Growth
3 yr CAGR
+9.53%
Fund overview
Net Asset Value
₹14.096
AUM (Fund size)
1,695.72 Crore
Lock-in period
No Lock-in
Exit Load
1% in 180 days
Expense ratio
0.59%
Risk
Moderately High
Start your investment
Lumpsum
SIP
Amount
₹
Estimated value after 3 years
(as per historical returns)
--
Min investment of ₹1,000 required
Top holdings
| Holdings | Weightage |
|---|---|
| Cash Offset For Derivatives | 14.44% |
| HDFC Bank Ltd | 5.35% |
| Treps | 4.67% |
| 7.18% Govt Stock 2033 | 4.34% |
| ICICI Bank Ltd | 2.92% |
| Bharti Airtel Ltd | 2.69% |
| Canara Bank | 2.67% |
| State Bank of India | 2.31% |
| Reliance Industries Ltd | 2.19% |
| Infosys Ltd | 2.17% |
Calculate returns
Monthly (SIP)
One-Time
₹
yrs
₹4,000 invested monthly becomes ₹0 in a period of 20 years
Top Sectors
Related Funds
| Fund | NAV | 3yr Returns | Risk |
|---|---|---|---|
| 22.70 | 15.43% | Moderately High risk | |
| 115.90 | 13.91% | Very High Risk | |
| 21.44 | 12.96% | Very High Risk | |
| 79.25 | 13.53% | Very High Risk | |
| 24.42 | 9.3% | Moderately High risk | |
| 193.01 | 13.97% | Very High Risk | |
| 48.38 | 12.55% | Moderately High risk | |
| 55.32 | 12.8% | Very High Risk | |
| 20.09 | 7.99% | Moderately High risk |
About Mirae Asset Investment Managers (India) Private Limited
Mirae Asset Mutual Fund is a South Korea based mutual fund house. It is headquartered in Seoul. Mirae Asset Mutual Fund is one of the fastest-growing fund houses in India. Its parent company is Mirae Asset Global Investments Co. Limited, it is also the sponsor of the fund house. Mirae Asset Trustee Company Pvt. Ltd is the trustee company of the asset management company. The fund house entered the Indian mutual fund fore in the year 2007.
Managers | Mahendra Jajoo, Harshad Borawake |
Custodians | Deutsche Bank AG |
Address | Mirae Asset Investment Managers (India) Private Limited. Unit No. 606, 6th Floor, |
Fax Nos. | 022-67253942 |
Telephone Nos. | 022-6780 0300 |
Homepage | www.miraeassetmf.co.in |
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Start your investment
Lumpsum
SIP
Amount
₹
Estimated value after 3 years
(as per historical returns)
--
Min investment of ₹1,000 required
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Frequently Asked Questions
What are Balanced/Hybrid funds?
Hybrid funds are mutual funds in which the fund manager allocates your money in both equity and debt in a certain ratio. The ratio is decided when the fund is announced and it remains constant throughout.
Who should invest in a Balanced/hybrid fund?
Balanced funds are suitable for a medium-term horizon and are ideal for investors who are looking for a mixture of safety, income and modest capital appreciation
Who should invest in a Balanced/hybrid fund?
Balanced funds are suitable for a medium-term horizon and are ideal for investors who are looking for a mixture of safety, income and modest capital appreciation
What is a lock-in period?
It is the period for which your money will remain locked in the mutual fund. Most mutuals do not have any lock-in period. ELSS, Tax-Savers, come with a lock-in of 3 years which is the lowest compared to other 80C investment options. Lock-in period is calculated from the date of investment. Meaning SIPs will have different lock-in dates
Is KYC necessary for BLACK?
KYC is necessary for all fund houses. If you are investing through BLACK, you need to do your KYC just once. The same KYC will be used for all further investments.
What is a Mandate (Auto-SIP)?
A Mandate is a one-time registration through which you instruct your bank account to deduct a specified amount of money from your account daily towards investing into a SIP portfolio. Once you register for Mandate, you don’t have to follow the payment process every time you invest in the SIP.
