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OmniAsset › Mutual funds › Mirae Asset Balanced Advantage Fund

Mirae Asset Balanced Advantage Fund

Balanced Advantage fund benchmarked to Nifty 50 Hybrid Composite Debt 50:50 Index. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202615.547
CategoryBalanced Advantage
PlanDirect · Growth
Launched21 Jul 2022
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1Nifty 50 Hybrid Composite Debt 50:50 Index
Expense ratiodirect plan, a year0.95%
AUM₹189 Cr
Growth of ₹10,000₹15,51812 Aug 2022 to 2 Sep 2026
₹15,648₹14,193₹12,738₹11,283₹9,828Aug 2022Aug 2023Aug 2024Aug 2025Sep 2026
₹15,518 (+11.4% a year) Mirae Asset Balanced Advantage Fund

Performance (trailing, annualised)

1Y annualised6.59%
3Y annualised10.75%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,23,7705.85%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹4,06,0827.98%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 202319.85%
Calendar 202412.72%
Calendar 202510.10%

Rolling returns

Rolling 1Y · average158 windows since 16 Aug 202313.23%
Rolling 1Y · median11.11%
Rolling 1Y · worst window2.11%
Rolling 1Y · best window25.70%
Rolling 1Y · windows positive100%
Rolling 3Y · average55 windows since 12 Aug 202513.13%
Rolling 3Y · median13.40%
Rolling 3Y · worst window10.82%
Rolling 3Y · best window14.86%
Rolling 3Y · windows positive100%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)7.54%
Downside deviation (3Y)5.29%
Maximum drawdown-7.52%

Management

Fund managerMr. Harshad Borawake (Equity portion), Mr. Basant Bafna (Debt portion)
Managing since11 Aug 2022

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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