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Dynamic Asset Allocation📊 NIFTY 50 Hybrid Composite Debt 50:50 Index(SEBI default)

Mirae Asset Balanced Advantage Fund · Regular · Growth

Mirae Asset Mutual Fund

#12 of 35 (1Y)

NAV

₹14.6130

as of 15 Jul 2026

Expense Ratio

2.04%

AUM

₹2,014 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
+2.97%
3Y
+9.75%
5Y
Since Inception
+10.10%

SIP returns (XIRR)

1Y
+4.25%
3Y
+7.02%
5Y
Since Inception
+8.69%

What history actually did — last 3 years (Jul 2023 – Jul 2026)

A ₹5,000 monthly SIP for the last 3 years (Jul 2023 – Jul 2026)

Real NAV backtest

A ₹5,000 monthly SIP would be worth ₹1,98,483 today ₹1,80,000 invested, 6.8% XIRR.

₹1,80,000

Invested

₹1,98,483

Value today

6.8%

XIRR (p.a.)

Try the SIP calculator with this fund

A ₹1,00,000 lumpsum, the last 3 years (Jul 2023 – Jul 2026)

Real NAV backtest

₹1,00,000 invested 3 years ago would be ₹1,31,800 today (9.7% CAGR).

Buying the worst day

Real NAV backtest

₹1,00,000 invested on the worst market day of the last 3 years (Jul 2023 – Jul 2026) (3 Jun 2024) would be ₹1,13,044 today (1.13×).

Historical simulation using actual published NAVs for the stated period. Past performance may or may not be sustained in the future. Not investment advice.

Risk Metrics

Trailing 1 year, annualised

0.07

Sharpe Ratio

Alpha

Beta

0.07

Sortino

8.01%

Std Dev

-7.26%

Max Drawdown

Performance Comparison

Sectoral allocation

as of 31 May 2026

Each sector links to the mutual funds most exposed to it.

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Fund Details

Fund HouseMirae Asset Mutual Fund
CategoryDynamic Asset Allocation
BenchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index
Launch Date11 Aug 2022
AMFI Code150473
Transaction facts
Min. Lumpsum₹5,000
Min. SIP₹99
Exit Loada) 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% of the net asset value -If redeemed after 1 year (365 days) from the date of allotment: NIL

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Portfolio holdings

as of 31 May 2026
Holding% NAV

Investment Objective

Mirae Asset Balanced Advantage Fund · Regular · Growth by Mirae Asset Mutual Fund is a Dynamic Asset Allocation fund that aims to generate optimal returns for investors based on its investment mandate. The fund follows a disciplined investment process aligned with SEBI regulations for the Dynamic Asset Allocation category.

About This Fund

Mirae Asset Balanced Advantage Fund · Regular · Growth is a Dynamic Asset Allocation mutual fund offered by Mirae Asset Mutual Fund. The fund has been operational for over 3 years. It manages assets worth ₹2,014 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 50 Hybrid Composite Debt 50:50 Index. The current expense ratio is 2.04%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations
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