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Mirae Asset Balanced Advantage Fund Regular Plan- Growth

Fund House: Mirae Asset Mutual Fund
Invest in this Scheme
Category: Hybrid: Dynamic Asset Allocation
Launch Date: 18-08-2022
Asset Class:
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
TER: 2.07% As on (30-12-2024)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 1,779.3 Cr As on 31-12-2024(Source:AMFI)
Turn over: 273% | Exit Load: I. For investors who have opted for SWP under the plan: a) 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. b) Any redemption in excess of such limits in the first 365 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 1 year (365 days) from the date of allotment: 1%. If redeemed after 1 year (365 days) from the date of allotment: NIL. II. Other Redemptions: For Investors who have not opted for SWP under the plan (including Switch out, STP out): If redeemed within 1 year (365 days) from the date of allotment: 1%. If redeemed after 1 year (365 days) from the date of allotment: NIL.
NAV as on 14-01-2025

13.181

0.07 (0.5462%)

CAGR Since Inception

11.97%

Benchmark: 11.66%

PERFORMANCE

Returns Type:
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End : 
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This Scheme
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AK Hybrid Balanced TRI
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Gold
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PPF
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RETURNS ANALYSIS

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Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme seeks 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.

Current Asset Allocation (%)

Indicators

Standard Deviation
Sharpe Ratio
Alpha
Beta
Yield to Maturity 6.9
Average Maturity 4.64

PEER COMPARISON

Scheme Name Inception
Date		 1 Year
Return(%)		 2 Year
Return(%)		 3 Year
Return(%)		 5 Year
Return(%)		 10 Year
Return(%)
Mirae Asset Balanced Advantage Fund Regular Plan- Growth 18-08-2022 8.09 13.66 - - -
Axis Balanced Advantage Fund - Regular Plan - Growth 07-08-2017 14.33 18.02 10.82 11.71 -
WhiteOak Capital Balanced Advantage Fund Regular Plan Growth 10-02-2023 13.16 - - - -
Quant Dynamic Asset Allocation Fund - Growth Option - Regular Plan 19-04-2023 12.91 - - - -
HDFC Balanced Advantage Fund - Growth Plan 01-02-1994 12.44 22.23 19.31 18.95 13.36
Invesco India Balanced Advantage Fund - Growth 04-10-2007 11.56 16.43 10.91 11.31 9.7
Franklin India Balanced Advantage Fund- Growth 06-09-2022 11.52 15.86 - - -
Kotak Balanced Advantage Fund -Regular Plan - Growth Option 05-07-2018 11.11 13.68 9.84 11.37 -
DSP Dynamic Asset Allocation Fund - Regular Plan - Growth 01-02-2014 10.91 14.2 8.91 9.8 8.62
Aditya Birla Sun Life Balanced Advantage Fund - Regular Plan - Growth Option 25-04-2000 10.76 14.11 9.9 11.86 10.41

Scheme Characteristics

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

7.51%

Others

16.46%

Large Cap

50.74%

Mid Cap

7.22%

Scheme Documents

There are no scheme documents available

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