No NFO data available for this page.
3 Year return
0Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately High Risk
Asset Under Management
₹1570.06 Cr.
Expense Ratio
0.68% (inclusive of GST)
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.
Tax Implications
Withdrawal within 1 year
Exit load + 15% tax on gains
Withdrawal after 1 year
10% tax on gains over ₹1 Lakh per financial year
Fund Holdings
Other Holdings | % of Asset |
---|---|
St Bk of India | 2.99 % |
Reliance Industr | 2.68 % |
Infosys | 2.27 % |
Larsen & Toubro | 2.2 % |
Axis Bank | 1.91 % |
GSEC2034 | 1.74 % |
Coal India | 1.72 % |
Bharti Airtel | 1.66 % |
Cholaman.Inv.&Fn | 1.59 % |
HDFC Bank | 1.58 % |
N A B A R D | 1.56 % |
GSEC2032 | 1.53 % |
Ambuja Cements | 1.46 % |
ITC | 1.39 % |
TCS | 1.36 % |
NTPC | 1.3 % |
I R F C | 1.27 % |
Kotak Mah. Bank | 1.19 % |
Net CA & Others | 1.14 % |
Hindalco Inds. | 1.14 % |
Tata Steel | 1.1 % |
B P C L | 1.1 % |
Tata Motors | 1.08 % |
Shriram Finance | 1.07 % |
TD Power Systems | 1.01 % |
Bharat Electron | 1 % |
Hind. Unilever | 0.99 % |
Bharti Telecom | 0.96 % |
Bank of Baroda | 0.96 % |
Aurobindo Pharma | 0.96 % |
N A B A R D | 0.95 % |
Power Fin.Corpn. | 0.91 % |
Punjab Natl.Bank | 0.9 % |
LIC Housing Fin. | 0.84 % |
Samvardh. Mothe. | 0.83 % |
Torrent Pharma. | 0.83 % |
SBI Life Insuran | 0.79 % |
S A I L | 0.74 % |
Sun Pharma.Inds. | 0.72 % |
IndusInd Bank | 0.68 % |
Fusion Microfin. | 0.66 % |
Zomato Ltd | 0.65 % |
Titan Company | 0.65 % |
GSEC2033 | 0.64 % |
Jamnagar Utiliti | 0.64 % |
Nexus Select | 0.63 % |
Electronics Mart | 0.62 % |
Jindal Steel | 0.61 % |
M T N L | 0.61 % |
Yatra Online | 0.53 % |
O N G C | 0.51 % |
St Bk of India | 0.5 % |
P I Industries | 0.49 % |
Brigade Enterpr. | 0.48 % |
Craftsman Auto | 0.48 % |
Shriram Finance | 0.48 % |
Bajaj Housing | 0.48 % |
Havells India | 0.48 % |
JSW Steel | 0.46 % |
HCL Technologies | 0.45 % |
DLF | 0.45 % |
Interglobe Aviat | 0.44 % |
LTIMindtree | 0.43 % |
Bajaj Finance | 0.42 % |
Go Fashion (I) | 0.42 % |
MTAR Technologie | 0.39 % |
Federal Bank | 0.38 % |
Godrej Consumer | 0.38 % |
Deepak Nitrite | 0.37 % |
Maruti Suzuki | 0.36 % |
IIFL Finance | 0.35 % |
TVS Motor Co. | 0.35 % |
Eicher Motors | 0.35 % |
Max Financial | 0.34 % |
J K Cements | 0.33 % |
Biocon | 0.33 % |
Dabur India | 0.32 % |
REC Ltd | 0.31 % |
Bank of Baroda | 0.3 % |
Cipla | 0.29 % |
Avalon Tech | 0.29 % |
Tech Mahindra | 0.28 % |
KFin Technolog. | 0.28 % |
Chola Financial | 0.28 % |
Kajaria Ceramics | 0.28 % |
Bandhan Bank | 0.28 % |
Krishna Institu. | 0.26 % |
Prince Pipes | 0.26 % |
Balrampur Chini | 0.23 % |
Page Industries | 0.23 % |
Cholaman.Inv.&Fn | 0.23 % |
Sona BLW Precis. | 0.23 % |
J B Chem & Pharm | 0.22 % |
I D F C | 0.21 % |
Westlife Food | 0.21 % |
Gateway Distri | 0.2 % |
Glenmark Pharma. | 0.2 % |
Greenply Industr | 0.2 % |
Crompton Gr. Con | 0.19 % |
Bharti Hexacom | 0.18 % |
Zee Entertainmen | 0.15 % |
JNK | 0.14 % |
Sun TV Network | 0.13 % |
United Spirits | 0.13 % |
ACC | 0.12 % |
Adani Ports | 0.11 % |
Cera Sanitary. | 0.1 % |
SRF | 0.1 % |
RBL Bank | 0.09 % |
Container Corpn. | 0.08 % |
Dixon Technolog. | 0.03 % |
IIFL Finance | 0.01 % |
Canara Bank | 0.01 % |
Mirae Asset Mutual Fund Managers
HB
Harshad Borawake
Fund Manager since Jul 2022
Fund House Details
Mirae Asset Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout |
23.98% |
4 |
Baroda BNP Paribas Balanced Advantage Fund Direct Plan IDCW Payout |
15.79% |
3 |
Edelweiss Balanced Advantage Fund Direct Plan Quarterly IDCW Payout |
14.7% |
5 |
Schemes by Mirae Asset Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct Growth
Hybrid . Arbitrage Fund
Mirae Asset Arbitrage Fund Direct IDCW Payout
About Mirae Asset Balanced Advantage Fund Direct-Growth
Mirae Asset Balanced Advantage Fund is a hybrid fund managed by Mirae Asset Mutual Fund. It is a dynamic asset allocation fund, which means that the fund manager can change the asset allocation between equity and debt as per market conditions.
Investment Objective of The Scheme
The investment objective of the fund is to generate long-term returns by dynamically managing the asset allocation between equity and debt. The scheme has diversified funds across large-cap, mid-cap, and small cap stocks in addition to government and low-risk securities. To achieve the objective, the fund manager has the freedom to reallocate assets between equity and debt as per market conditions.
Key Features of The Fund
5-year return | NA |
Expense Ratio | 0.68% |
Fund Manager | Harshad Borawake |
Fund Size | ₹1570.06 Cr |
Risk Profile | Moderately High |
Is This Scheme Right for Me?
The fund is suitable for investors who have a medium to long-term investment horizon and who are looking for a balanced investment that can provide both growth and income. The fund comes under a very high-risk category. This makes the fund suitable for investors who want to participate in the growth of the equity market but also want to protect their capital in case of a market downturn.
AMC Contact Details
Name | Mirae Asset Mutual Fund |
Launch Date | November 2007 |
Addresss | Unit No. 606, 6th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (East), Mumbai - 400 098. |
Contact | 1800-2090-777 |
customercare@miraeasset.com | |
Website | https://www.miraeassetmf.co.in/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.