Mirae Asset Balanced Advantage Fund - Growth - Regular Plan

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Fund Overview Growth | Regular Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

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Fund Objective

The investment objective of the scheme is to capitalize on the potential upside of equities whileattempting 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 realized.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
NIFTY 50 - TRI N/A N/A N/A N/A N/A N/A
NIFTY 50 Hybrid Composite Debt 50:50 Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
Edelweiss Balanced Advantage Fund - Regular Plan - Growth Option Aug 20, 2009 25.83 13.95 16.00 1.59 11,720.55
UTI - Unit Linked Insurance Plan Oct 01, 1971 13.81 8.15 9.85 1.62 5,437.73
Shriram Balanced Advantage Fund - Regular Growth Jul 05, 2019 Unrated 27.11 12.93 12.27 2.30 52.27

Fund Holdings as on 30-June-2024

  • 7.18% Government of India (14/08/2033)

  • HDFC Bank Limited

  • 7.38% Government of India (20/06/2027)

  • Export Import Bank of India (26/07/2024) **

  • State Bank of India

  • Reliance Industries Limited

  • ICICI Bank Limited

  • Infosys Limited

  • Bharti Airtel Limited

  • Axis Bank Limited

  • Larsen & Toubro Limited

  • Coal India Limited

  • 7.1% Government of India (08/04/2034)

  • 7.32% Government of India (13/11/2030)

  • 7.38% Cholamandalam Investment and Finance Company Ltd (31/07/2024) **

  • 7.4% HDFC Bank Limited (02/06/2025) **

  • Ambuja Cements Limited

  • 5.23% National Bank For Agriculture and Rural Development (31/01/2025) **

  • 6.54% Government of India (17/01/2032)

  • Tata Consultancy Services Limited

  • Shriram Finance Limited

  • ITC Limited

  • NTPC Limited

  • Hindalco Industries Limited

  • Kotak Mahindra Bank Limited

  • Bharat Electronics Limited

  • Net Receivables / (Payables)

  • TREPS

  • Tata Steel Limited

  • LIC Housing Finance Limited (04/03/2025) **

  • TD Power Systems Limited

  • Tata Motors Limited

  • Bharat Petroleum Corporation Limited

  • Aurobindo Pharma Limited

  • 8.85% Power Finance Corporation Limited (25/05/2029)

  • LIC Housing Finance Limited

  • Power Finance Corporation Limited

  • Bank of Baroda (07/02/2025) ** #

  • 8.9% Bharti Telecom Limited (04/12/2025) **

  • 7.62% National Bank For Agriculture and Rural Development (10/05/2029) **

  • Samvardhana Motherson International Limited

  • Torrent Pharmaceuticals Limited

  • Hindustan Unilever Limited

  • SBI Life Insurance Company Limited

  • 7.55% Power Finance Corporation Limited (15/04/2027) **

  • Sun Pharmaceutical Industries Limited

  • GAIL (India) Limited

  • Jindal Steel & Power Limited

  • Electronics Mart India Limited

  • Steel Authority of India Limited

  • Zomato Limited

  • IndusInd Bank Limited

  • 7.26% Government of India (06/02/2033)

  • 7.9% Jamnagar Utilities & Power Private Limited (10/08/2028) **

  • 7.86% Nexus Select Trust - REIT (16/06/2026) **

  • 6.88% REC Limited (20/03/2025) **

  • Oil & Natural Gas Corporation Limited

  • Brigade Enterprises Limited

  • Cipla Limited

  • Titan Company Limited

  • 6.85% Mahanagar Telephone Nigam Limited (20/12/2030) **

  • Craftsman Automation Limited

  • Fusion Micro Finance Limited

  • Havells India Limited

  • Indus Towers Limited

  • PI Industries Limited

  • 6.24% State Bank of India (20/09/2030) **

  • IIFL Finance Limited

  • LTIMindtree Limited

  • JSW Steel Limited

  • 7.85% Bajaj Housing Finance Limited (01/09/2028) **

  • InterGlobe Aviation Limited

  • Go Fashion (India) Limited

  • The Federal Bank Limited

  • DLF Limited

  • TVS Motor Company Limited

  • Biocon Limited

  • Deepak Nitrite Limited

  • HCL Technologies Limited

  • Bajaj Finance Limited

  • Godrej Consumer Products Limited

  • Eicher Motors Limited

  • JK Cement Limited

  • Vedanta Limited

  • Max Financial Services Limited

  • Tech Mahindra Limited

  • 6.92% REC Limited (20/03/2032) **

  • Bank of Baroda (20/02/2025) ** #

  • Go Digit General Insurance Limited

  • Avalon Technologies Limited

  • Dabur India Limited

  • Wipro Limited

  • Prince Pipes And Fittings Limited

  • Krishna Institute Of Medical Sciences Limited

  • KFin Technologies Limited

  • Zensar Technologies Limited

  • Page Industries Limited

  • Balrampur Chini Mills Limited

  • Greenply Industries Limited

  • Crompton Greaves Consumer Electricals Limited

  • Sona BLW Precision Forgings Limited

  • Glenmark Pharmaceuticals Limited

  • Yatra Online Limited

  • IDFC Limited

  • JB Chemicals & Pharmaceuticals Limited

  • Gateway Distriparks Limited

  • United Spirits Limited

  • Bata India Limited

  • Tata Power Company Limited

  • Adani Ports and Special Economic Zone Limited

  • ACC Limited

  • Cera Sanitaryware Limited

  • SRF Limited

  • RBL Bank Limited

  • Container Corporation of India Limited

  • TBO Tek Limited

  • Kajaria Ceramics Limited

  • Dixon Technologies (India) Limited

  • Canara Bank

  • Maruti Suzuki India Limited

  • Westlife Foodworld Limited

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  • Miscellaneous

  • Bank - Private

  • IT - Software

  • Pharmaceuticals & Drugs

  • Refineries

  • Bank - Public

  • Telecommunication - Service Provider

  • Finance - NBFC

  • Steel & Iron Products

  • Cement & Construction Materials

  • Engineering - Construction

  • Mining & Minerals

  • Auto Ancillary

  • Metal - Non Ferrous

  • Electric Equipment

  • Household & Personal Products

  • Power Generation/Distribution

  • Cigarettes/Tobacco

  • Engineering - Industrial Equipments

  • Insurance

  • Retailing

  • Automobiles-Trucks/Lcv

  • Construction - Real Estate

  • Finance - Housing

  • Finance Term Lending

  • Automobile Two & Three Wheelers

  • Industrial Gases & Fuels

  • Steel/Sponge Iron/Pig Iron

  • e-Commerce

  • Oil Exploration

  • Diamond & Jewellery

  • Pesticides & Agrochemicals

  • Finance - Investment

  • Chemicals

  • Airlines

  • Finance - Others

  • Electronics - Components

  • Travel Services

  • Plastic Products

  • Logistics

  • Hospital & Healthcare Services

  • Depository Services

  • Wood & Wood Products

  • Textile

  • Sugar

  • Consumer Durables - Domestic Appliances

  • Ceramics/Marble/Granite/Sanitaryware

  • Breweries & Distilleries

  • Footwear

  • Port

  • Consumer Durables - Electronics

  • Automobiles - Passenger Cars

  • Restaurants

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  • Cash

  • CRISIL A1+

  • CRISIL AA+

  • CRISIL AAA

  • CRISIL AAA(CE)

  • Equity

  • FITCH A1+

  • ICRA AA+

  • SOVEREIGN

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About Mirae Asset Balanced Advantage Fund

Scheme Analysis

Mirae Asset Balanced Advantage Fund is a Hybrid - Dynamic Asset Allocation fund and belongs to Mirae Asset Mutual Fund. It was launched on 11-Aug-2022 and currently has an AUM of ₹1,655.04 crore. Mirae Asset Balanced Advantage Fund is benchmarked against NIFTY 50 - TRI as primary index and NIFTY 50 Hybrid Composite Debt 50:50 Index as secondary index.

The NAV of Mirae Asset Balanced Advantage Fund ended up ₹0.03(0.2%)yesterday to ₹13.361.

Among its top 3 holdings the fund has exposure to 7.18% Government of India (14/08/2033), and

The Mirae Asset Balanced Advantage Fund is managed by Mahendra Kumar Jajoo and Harshad Borawake.

Fund House Contact

Unit 606, 6th Floor, Windsor Building, Off CST Road, Kalina, Santacruz (E), Mumbai - 400 098

022-67800300
022-67253940