Mirae Asset Balanced Advantage Fund
Open in live screener →Key metrics
Further reading: Median maximum drawdown by fund category, measured across 1,767 funds
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | -1.33% | -2.82% | -2.34% | -1.44% | 0.17% | 9.44% | – | – | – |
NAV history
About this fund
Mirae Asset Balanced Advantage Fund is a balanced-advantage hybrid fund offered by Mirae Asset Mutual Fund, classified under Hybrid as Hybrid Scheme - Balanced Advantage Fund. The equity/debt mix is managed dynamically to balance growth and stability. Its latest NAV is ₹15.04, with assets under management of about ₹2,076 Cr (April - June 2026).
Further reading: What a category rank actually tells you
Performance analysis
Over the trailing one year, Mirae Asset Balanced Advantage Fund has recorded a return of about 0.2%, with a three-year return of 9.4%. Its annualised volatility is 7.1% — relatively low fluctuations — and its Sharpe ratio is -0.89, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.61%, deducted daily from the NAV.
Further reading: Reading a fund page: what each number does and doesn't say
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 12.90 | 10.95 | 0.17 | 25.95 | 100% | 46% |
| 3Y | 12.78 | 13.38 | 9.44 | 14.96 | 100% | 68% |
Further reading: Why a single trailing return misleads, measured across 830 funds
Frequently asked questions
Compare with peers
Further reading: Every fund measured against the best performer in its own category
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Franklin India Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund | -4.61 | -4.16 | -3.91 | -4.70 | 8.25 | – | – | 0.47 |
| HSBC Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund | -3.06 | -2.08 | -0.84 | -1.91 | 8.50 | – | – | 0.69 |
| WhiteOak Capital Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund | -3.17 | -2.59 | 0.29 | -1.45 | 10.68 | – | – | 0.52 |
| quant Dynamic Asset Allocation Fund Hybrid Scheme - Balanced Advantage Fund | -4.28 | -6.02 | -3.79 | -5.82 | 11.82 | – | – | 0.73 |
| UTI Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund | -1.77 | -2.21 | -2.23 | -4.97 | 7.70 | – | – | 0.51 |
| Samco Dynamic Asset Allocation Fund Hybrid Scheme - Balanced Advantage Fund | -3.58 | -4.03 | -3.31 | -5.88 | – | – | – | 0.79 |
| Bajaj Finserv Balanced Advantage Fund Hybrid Scheme - Balanced Advantage Fund | -3.25 | -3.22 | -1.25 | -2.17 | – | – | – | 0.48 |
| Parag Parikh Dynamic Asset Allocation Fund Hybrid Scheme - Balanced Advantage Fund | -1.71 | -1.90 | -0.48 | 1.24 | – | – | – | 0.23 |
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Mirae Asset S&P 500 Top 50 ETF Fund of Fund Other Scheme - FoF Domestic | 4.27 | 29.59 | 36.26 | 50.71 | 47.47 | 28.38 | – | 0.02 |
| Mirae Asset Hang Seng TECH ETF Fund of Fund Other Scheme - FoF Domestic | -4.01 | -10.29 | -12.73 | -22.49 | 15.67 | – | – | 0.02 |
| Mirae Asset Nifty India Manufacturing ETF Fund of Fund Other Scheme - FoF Domestic | -7.30 | -7.85 | -5.48 | -2.72 | 14.85 | – | – | 0.06 |
| Mirae Asset Nifty SDL Jun 2027 Index Fund Index Funds - Debt Funds | 0.17 | 1.05 | 2.74 | 5.68 | 7.60 | – | – | 0.20 |
| Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FOF Other Scheme - FoF Overseas | -15.03 | -17.64 | -20.75 | 5.12 | 15.40 | – | – | 0.09 |
| Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Other Scheme - FoF Overseas | -8.06 | 1.28 | 13.85 | 30.33 | 38.85 | – | – | 0.10 |
| Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Index Funds - Debt Funds | -1.69 | -2.03 | 0.41 | 1.49 | 7.03 | – | – | 0.15 |
| Mirae Asset Flexi Cap Fund Equity Scheme - Flexi Cap Fund | -5.08 | -4.21 | -3.20 | -3.55 | 11.01 | – | – | 0.43 |