Mirae Asset Balanced Advantage Fund IDCW
Last Updated NAV Date: 09 Sep 2026
3 Year Returns
8.61%
NAV (₹)
13.4710
1 Day NAV Change
-0.33%
Mirae Asset Balanced Advantage Fund IDCW is a scheme from Mirae Asset Mutual Fund AMC, launched on 11 Aug 2022 and currently managing ₹ 2166.78 Cr in assets. It sits in the moderately high risk category on the riskometer, with a minimum SIP of ₹99 and a lump sum of ₹5000. The sections below cover its latest NAV, historical returns, portfolio holdings, and expense ratio.
Mirae Asset Balanced Advantage Fund IDCW Fund Details
| Min. SIP Amount | ₹ 99 |
| Min. Lumpsum Amount | ₹ 5000 |
| AUM | ₹ 2166.78 Cr |
| Expense Ratio | 2.28% |
| Lock-in Period | No Lock-in Period |
| Inception Date | 11 Aug 2022 |
| Fund Age | 4 Yrs |
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. 1.00% - If redeemed within 6 months (180 days) from the date of allotment. Nil - If redeemed after 6 months (180 days) from the date of allotment.
Fund’s Investment 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.
Calculate Your Mutual Fund Returns
Returns Estimator
Estimation is based on the past performance
Expected Rate of Return
The value of your investment after 5 Years will be
₹4,12,432
Invested Amount
₹3,00,000
Est. Returns
₹1,12,432
Scheme’s Historical Return
Asset Allocation
AUM
₹1,33,309.00 Cr
Cash Holdings
21.45%
Equity
70.84%
Cash
21.45%
Debt
1.71%
Other
6%
Mirae Asset Balanced Advantage Fund IDCW Sector Holdings
Last Updated: 31 Jul 2026| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Others | 22.77% | ₹ 493.466 | |
| Banks | 22.04% | ₹ 477.503 | |
| Pharmaceuticals | 8.58% | ₹ 185.852 | |
| Automobile | 7.95% | ₹ 172.332 | |
| Finance | 5.07% | ₹ 109.858 | |
| Refineries | 5.00% | ₹ 108.3 | |
| Telecom-Service | 4.54% | ₹ 98.435 | |
| IT - Software | 4.00% | ₹ 86.765 | |
| Steel | 3.66% | ₹ 79.21 | |
| Power Generation & Distribution | 2.81% | ₹ 60.946 |
Mirae Asset Balanced Advantage Fund IDCW Stock Holdings
Last Updated: 31 Jul 2026| Name | Allocation | Weightage | Value (in Cr.) | Sector |
|---|---|---|---|---|
| HDFC Bank | 4.83% | ₹ 104.574 | Banks | |
| TREPS | 4.53% | ₹ 98.262 | Debt Others | |
| ICICI Bank | 3.72% | ₹ 80.694 | Banks | |
| GSEC2033 | 3.33% | ₹ 72.182 | Govt. Securities | |
| Bharti Airtel | 3.08% | ₹ 66.829 | Telecom-Service | |
| Reliance Industr | 2.82% | ₹ 61.085 | Refineries | |
| SBI | 2.75% | ₹ 59.612 | Banks | |
| Bajaj Housing | 2.31% | ₹ 50.007 | Debt Others | |
| Torrent Pharma. | 2.30% | ₹ 49.818 | Debt Others | |
| Cholaman.Inv.&Fn | 2.25% | ₹ 48.774 | Debt Others |
Fund Manager Details
Risk-O-Meter
Investors understand that their principal will be at moderately High risk
Risk Scale
AMC Information
Mirae Asset Mutual Fund
Funds Managed
100
Assets Managed
₹ 2,32,231.51 Cr
Contact Details
Registered Address
Unit 606,6th Flr,WindsorOff. CST Road,Kalina,Santacruz(E),Mumbai-400098
Managing Director
N/A
Chief Executive Officer
Swarup Anand Mohanty
Compliance Officer
Rimmi Jain
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Disclaimer
The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...
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