Mirae Asset Balanced Advantage Fund Direct Plan- IDCW

Open Ended Schemes(Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage)Moderately High Risk★★★★★ISIN INF769K01IM8

NAV · 06-Jul-2026

₹14.2720

+3.19%

-7.32%

1Y (CAGR)

-3.66%

3Y (CAGR)

+8.76%

5Y (CAGR)

—

Since inception (CAGR)

+9.42%

NAV history

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Risk & SIP analytics

Q2 · 3Y in category

Volatility (3y)

8.75%

Downside dev (3y)

9.04%

Max drawdown (3y)

-14.4%

Sharpe (3y)

0.26

SIP XIRR (3y)

+3.54%

Calendar-year returns

2023 +19.8%2024 +12.7%2025 +10.1%

Fund facts

Fund managerHarshad Borawake · Basant Bafna

AUM₹20,816 Cr

Expense ratio0.61% · 2026-05-31

TER · AMFI officialDirect 0.92% · Regular 2.26% (2026-06-30)

Launch date21-Jul-2022

Plan typeOpen Ended · Hybrid

Min lumpsum₹5,000

Min SIP₹99

Lock-inNone

Volatility8.08

AMCMirae Asset Investment Managers (India) Pvt. Ltd

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.

scheme documents ↗