Mirae Asset Balanced Advantage Fund – Dir Growth

₹ 1,000
Min SIP
₹ 5,000
Min Lumpsum
0.65 %
Expense Ratio
Rating
1,179
Fund Size (in Cr)
2 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 18 August 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 12.4% - - 12.8%
Category Average 9.1% 20.5% 12.5% -

Scheme Allocation

By Holding
By Sector
By Asset
4.68%
4.58%
2.88%
Others
81.48%
View all Holdings
Holdings Sector Instrument Asset
ICICI Bank Banks Equity 4.68%
HDFC Bank Banks Equity 4.58%
Reliance Industr Refineries Equity 3.47%
St Bk of India Banks Equity 2.91%
Infosys IT - Software Equity 2.88%
Axis Bank Banks Equity 2.25%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.15%
ITC Tobacco Products Equity 2.09%
Sun Pharma.Inds. Pharmaceuticals Equity 1.63%
Tata Motors Automobile Equity 1.47%
Tata Steel Steel Equity 1.37%
Maruti Suzuki Automobile Equity 1.27%
TCS IT - Software Equity 1.22%
Ambuja Cements Cement Equity 1.12%
TD Power Systems Capital Goods - Electrical Equipment Equity 1%
Bharti Airtel Telecomm-Service Equity 0.99%
HCL Technologies IT - Software Equity 0.99%
Hind. Unilever FMCG Equity 0.95%
NTPC Power Generation & Distribution Equity 0.94%
SBI Life Insuran Insurance Equity 0.93%
Hindalco Inds. Non Ferrous Metals Equity 0.87%
Kotak Mah. Bank Banks Equity 0.8%
Coal India Mining & Mineral products Equity 0.8%
Biocon Pharmaceuticals Equity 0.77%
Bharat Electron Electronics Equity 0.76%
Shriram Finance Finance Equity 0.73%
Electronics Mart Retail Equity 0.7%
Fusion Microfin. Finance Equity 0.69%
ICICI Lombard Insurance Equity 0.67%
Aurobindo Pharma Pharmaceuticals Equity 0.64%
Craftsman Auto Auto Ancillaries Equity 0.64%
Power Fin.Corpn. Finance Equity 0.62%
Federal Bank Banks Equity 0.61%
Krishna Institu. Healthcare Equity 0.59%
Dodla Dairy FMCG Equity 0.59%
Jindal Steel Steel Equity 0.58%
MTAR Technologie Engineering Equity 0.58%
Emami FMCG Equity 0.52%
JSW Steel Steel Equity 0.51%
Samvardh. Mothe. Auto Ancillaries Equity 0.5%
Voltas Consumer Durables Equity 0.5%
Go Fashion (I) Textiles Equity 0.5%
P I Industries Agro Chemicals Equity 0.5%
Titan Company Diamond, Gems and Jewellery Equity 0.48%
Britannia Inds. FMCG Equity 0.47%
Zomato Ltd E-Commerce/App based Aggregator Equity 0.46%
Tech Mahindra IT - Software Equity 0.45%
Sona BLW Precis. Auto Ancillaries Equity 0.45%
Grasim Inds Textiles Equity 0.45%
Bandhan Bank Banks Equity 0.44%
Eicher Motors Automobile Equity 0.44%
Astral Plastic products Equity 0.43%
IndusInd Bank Banks Equity 0.42%
Westlife Food Quick Service Restaurant Equity 0.4%
Tata Consumer Plantation & Plantation Products Equity 0.39%
Kajaria Ceramics Ceramic Products Equity 0.38%
Havells India Consumer Durables Equity 0.37%
Jio Financial Finance Equity 0.36%
TVS Motor Co. Automobile Equity 0.36%
J K Cements Cement Equity 0.36%
Prince Pipes Plastic products Equity 0.35%
Torrent Pharma. Pharmaceuticals Equity 0.34%
Dabur India FMCG Equity 0.34%
Dr Reddy's Labs Pharmaceuticals Equity 0.33%
Max Financial Finance Equity 0.33%
Zee Entertainmen Entertainment Equity 0.33%
SBI Cards Finance Equity 0.31%
LTIMindtree IT - Software Equity 0.31%
KFin Technolog. Miscellaneous Equity 0.3%
Bajaj Finserv Finance Equity 0.29%
Ideaforge Tech Engineering Equity 0.28%
Apollo Tyres Tyres Equity 0.26%
LIC Housing Fin. Finance Equity 0.24%
J B Chem & Pharm Pharmaceuticals Equity 0.24%
Crompton Gr. Con Consumer Durables Equity 0.24%
Marico FMCG Equity 0.23%
Gateway Distri Logistics Equity 0.2%
Indian Energy Ex Miscellaneous Equity 0.19%
Container Corpn. Logistics Equity 0.18%
Greenply Industr Miscellaneous Equity 0.18%
United Spirits Alcoholic Beverages Equity 0.15%
Sun TV Network Entertainment Equity 0.14%
HDFC Life Insur. Insurance Equity 0.06%
Nestle India FMCG Equity 0.02%
B P C L Refineries Equity 0.02%
Page Industries Readymade Garments/ Apparells Equity 0.01%
SRF Chemicals Equity 0%
Bank of Baroda Banks Equity 0%
Debt
31.23%
Cash & Others
17.29%
Banks
16.69%
IT-Software
5.85%
Pharmaceuticals & Biotech
3.96%
Others
24.98%
View all Sectors
Sectors Asset
Debt 31.23%
Cash & Others 17.29%
Banks 16.69%
IT-Software 5.85%
Pharmaceuticals & Biotech 3.96%
Automobiles 3.53%
Petroleum Products 3.48%
Finance 3.24%
Diversified FMCG 3.04%
Ferrous Metals 2.46%
Construction 2.15%
Consumer Durables 2.14%
Insurance 1.99%
Cement & Cement Products 1.92%
Auto Components 1.85%
Retailing 1.66%
Aerospace & Defense 1.62%
Food Products 1.08%
Electrical Equipments 1%
Telecom-Services 0.99%
Power 0.94%
Non-Ferrous Metals 0.87%
Personal Products 0.86%
Consumable Fuels 0.8%
Industrial Products 0.78%
Agricultural Food & other 0.62%
Healthcare Services 0.59%
Fertilisers & Agrochemica 0.5%
Capital Markets 0.49%
Entertainment 0.47%
Leisure Services 0.4%
Transport Services 0.38%
Beverages 0.15%
Textiles & Apparels 0.01%
Chemicals & Petrochemical 0%
Others -15.06%
Equity
66.54%
Net Curr Ass/Net Receivables
17.29%
Govt Securities / Sovereign
10.9%
Corporate Debentures
10.18%
Reverse Repos
8.47%

Advance Ratio

-
Alpha
-
SD
-
Beta
-
Sharpe

Exit Load

Exit Load 15% of the units allotted (including Switch-in/STP - in on or before completion of 365 days from the date of allotment of units: Nil. 1.00% - If redeemed within 1 year (365 days) from the date of allotment. Nil - If redeemed after 1 Year (365 days) from the date of allotment.

Fund Objective

The investment objective of the scheme is to capitalize on the potential upside of equities while attempting 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 Managers

Harshad Borawake

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Mirae Asset Mutual Fund
AUM:
1,24,824 Cr
Address:
Unit 606,6th Flr,Windsor Off. CST Road,Kalina, Santacruz(E),Mumbai-400098
Contact:
022-67800300
Email ID:
customercare@miraeasset.com

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Frequently Asked Questions

How to invest in Mirae Asset Balanced Advantage Fund – Dir Growth ?

You can invest in Mirae Asset Balanced Advantage Fund – Dir Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Mirae Asset Balanced Advantage Fund – Dir Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Mirae Asset Balanced Advantage Fund – Dir Growth ?

The NAV of Mirae Asset Balanced Advantage Fund – Dir Growth is ₹11.3 as of 18 August 2023.

How to redeem Mirae Asset Balanced Advantage Fund – Dir Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Mirae Asset Balanced Advantage Fund – Dir Growth?

The minimum SIP amount of Mirae Asset Balanced Advantage Fund – Dir Growth is ₹1000

What are the top sectors Mirae Asset Balanced Advantage Fund – Dir Growth has invested in?

The top sectors Mirae Asset Balanced Advantage Fund – Dir Growth has invested in are
  1. Debt - 31.23%
  2. Cash & Others - 17.29%
  3. Banks - 16.69%
  4. IT-Software - 5.85%
  5. Pharmaceuticals & Biotech - 3.96%

Can I make investments in both the SIP and Lump Sum schemes of Mirae Asset Balanced Advantage Fund – Dir Growth?

Yes, You can select both SIP or Lumpsum investment of Mirae Asset Balanced Advantage Fund – Dir Growth based on your investment objective and risk tolerance.

How much returns have Mirae Asset Balanced Advantage Fund – Dir Growth generated ?

The Mirae Asset Balanced Advantage Fund – Dir Growth has delivered 12.8% since inception

What is the expense ratio of Mirae Asset Balanced Advantage Fund – Dir Growth ?

The expense ratio of Mirae Asset Balanced Advantage Fund – Dir Growth is 0.65 % as of 18 August 2023.

What is the AUM of Mirae Asset Balanced Advantage Fund – Dir Growth?

The AUM of Mirae Asset Balanced Advantage Fund – Dir Growth is ₹1,24,824 Cr as of 18 August 2023

What are the top stock holdings of Mirae Asset Balanced Advantage Fund – Dir Growth?

The top stock holdings of Mirae Asset Balanced Advantage Fund – Dir Growth are
  1. ICICI Bank - 4.68%
  2. HDFC Bank - 4.58%
  3. Reliance Industr - 3.47%
  4. St Bk of India - 2.91%
  5. Infosys - 2.88%

How can I redeem my investments in Mirae Asset Balanced Advantage Fund – Dir Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Mirae Asset Balanced Advantage Fund – Dir Growth in Scheme, enter the redemption amount, and click on submit button.
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