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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 202614.314
CategoryBalanced Advantage
PlanDirect · Idcw
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₹1.62 Cr
Growth of ₹10,000₹14,28712 Aug 2022 to 2 Sep 2026
₹15,309₹13,938₹12,568₹11,198₹9,828Aug 2022Aug 2023Aug 2024Aug 2025Sep 2026
₹14,287 (+9.2% a year) Mirae Asset Balanced Advantage Fund

Performance (trailing, annualised)

1Y annualised-1.81%
3Y annualised7.76%

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 ₹1,18,878-1.72%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,78,9273.35%

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

Calendar years

Calendar 202319.81%
Calendar 202412.71%
Calendar 202510.08%

Rolling returns

Rolling 1Y · average158 windows since 16 Aug 202311.73%
Rolling 1Y · median10.88%
Rolling 1Y · worst window-5.90%
Rolling 1Y · best window25.66%
Rolling 1Y · windows positive85%
Rolling 3Y · average55 windows since 12 Aug 202511.56%
Rolling 3Y · median11.74%
Rolling 3Y · worst window7.82%
Rolling 3Y · best window14.42%
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)8.81%
Downside deviation (3Y)6.97%
Maximum drawdown-14.40%

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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