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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 202614.692
CategoryBalanced Advantage
PlanRegular · 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 year2.28%
AUM₹1,875 Cr
Growth of ₹10,000₹14,66612 Aug 2022 to 2 Sep 2026
₹14,803₹13,554₹12,305₹11,056₹9,807Aug 2022Aug 2023Aug 2024Aug 2025Sep 2026
₹14,666 (+9.9% a year) Mirae Asset Balanced Advantage Fund

Performance (trailing, annualised)

1Y annualised5.17%
3Y annualised9.25%

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 ₹1,22,8704.45%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,97,2966.50%

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

Calendar years

Calendar 202318.17%
Calendar 202411.15%
Calendar 20258.61%

Rolling returns

Rolling 1Y · average158 windows since 16 Aug 202311.67%
Rolling 1Y · median9.55%
Rolling 1Y · worst window0.74%
Rolling 1Y · best window23.95%
Rolling 1Y · windows positive100%
Rolling 3Y · average55 windows since 12 Aug 202511.57%
Rolling 3Y · median11.83%
Rolling 3Y · worst window9.31%
Rolling 3Y · best window13.28%
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)5.33%
Maximum drawdown-8.05%

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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