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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 202613.537
CategoryBalanced Advantage
PlanRegular · 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 year2.28%
AUM₹10.2 Cr
Growth of ₹10,000₹13,51312 Aug 2022 to 2 Sep 2026
₹14,595₹13,397₹12,200₹11,002₹9,805Aug 2022Aug 2023Aug 2024Aug 2025Sep 2026
₹13,513 (+7.7% a year) Mirae Asset Balanced Advantage Fund

Performance (trailing, annualised)

1Y annualised-3.07%
3Y annualised6.31%

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 ₹1,18,048-2.99%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,70,9611.96%

₹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 202310.21%
Rolling 1Y · median9.38%
Rolling 1Y · worst window-7.12%
Rolling 1Y · best window23.95%
Rolling 1Y · windows positive84%
Rolling 3Y · average55 windows since 12 Aug 202510.05%
Rolling 3Y · median10.23%
Rolling 3Y · worst window6.38%
Rolling 3Y · best window12.86%
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)8.80%
Downside deviation (3Y)6.99%
Maximum drawdown-14.53%

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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