Mirae Asset Balanced Advantage Fund Overview
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 31-01-2025
NAV ₹13.24(R) +0.61% ₹13.72(D) +0.62%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 8.49% -% -% -% -%
LumpSum (D) 10.02% -% -% -% -%
SIP (R) 2.86% -% -% -% -%
SIP (D) 4.32% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
Top Dynamic Asset Allocation or Balanced Advantage
Fund Name Rank Rating
Hdfc Balanced Advantage Fund 1
Invesco India Balanced Advantage Fund 2
Axis Balanced Advantage Fund 3
Icici Prudential Balanced Advantage Fund 4
SBI Balanced Advantage Fund 5

NAV Date: 31-01-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Balanced Advantage Fund Regular Plan- Growth 13.24
0.0800
0.6100%
Mirae Asset Balanced Advantage Fund Regular Plan IDCW 13.24
0.0800
0.6100%
Mirae Asset Balanced Advantage Fund Direct Plan- IDCW 13.71
0.0800
0.6200%
Mirae Asset Balanced Advantage Fund Direct Plan- Growth 13.72
0.0800
0.6200%

Review Date: 31-01-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It signifies the growth in the investment's value over a specific period, presented either as a percentage or a monetary figure. Our analysis focused on four return parameters of this fund. The return parameters have been categorized into three performance groups: the top 25%, those below the top 25% but above average, and those below average. Now, let's take a look at how each parameter has performed.
    1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
    2. Above Average Below the Top 25%: The mirae asset balanced advantage fund has four return parameters in the category, which are above average but below the top 25%, as shown below:
      • 1M Return %
      • 3M Return %
      • 6M Return %
      • 1Y Return %
    3. Below Average: mirae asset balanced advantage fund has no return parameters that are below average in the category.
  2. Risk: It is defined as the prospect of not attaining expected yields or enduring financial setbacks due to numerous causes. For mirae asset balanced advantage fund, we have analyzed zero risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: mirae asset balanced advantage fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: mirae asset balanced advantage fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: mirae asset balanced advantage fund does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For mirae asset balanced advantage fund, we have evaluated zero risk-adjusted performance parameters.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


Not able to see in mobile!!! save the chart by clicking on camera icon.

KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -1.25
-2.27
-8.07 | 0.54 11 | 34 Good
3M Return % -1.30
-2.23
-11.81 | 1.12 13 | 34 Good
6M Return % -2.08
-3.19
-13.06 | 1.99 16 | 34 Good
1Y Return % 8.49
8.42
-3.74 | 15.06 20 | 32 Average
1Y SIP Return % 2.86
1.00
-15.43 | 7.91 16 | 32 Good
Return data last Updated On : Jan. 31, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

Rotate the phone! Best viewed in landscape mode on mobile.
KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -1.14 -2.17 -7.98 | 0.56 11 | 34
3M Return % -0.95 -1.92 -11.53 | 1.20 13 | 34
6M Return % -1.40 -2.57 -12.48 | 2.34 15 | 34
1Y Return % 10.02 9.84 -2.51 | 16.37 21 | 32
1Y SIP Return % 4.32 2.34 -14.29 | 8.67 16 | 32
Return data last Updated On : Jan. 31, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.61 ₹ 10,061.00 0.62 ₹ 10,062.00
1W 0.67 ₹ 10,067.00 0.70 ₹ 10,070.00
1M -1.25 ₹ 9,875.00 -1.14 ₹ 9,886.00
3M -1.30 ₹ 9,870.00 -0.95 ₹ 9,905.00
6M -2.08 ₹ 9,792.00 -1.40 ₹ 9,860.00
1Y 8.49 ₹ 10,849.00 10.02 ₹ 11,002.00
3Y ₹ ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 2.86 ₹ 12,186.20 4.32 ₹ 12,280.61
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mirae Asset Balanced Advantage Fund NAV Regular Growth Mirae Asset Balanced Advantage Fund NAV Direct Growth
31-01-2025 13.245 13.718
30-01-2025 13.165 13.634
29-01-2025 13.16 13.629
28-01-2025 13.06 13.524
27-01-2025 13.054 13.518
24-01-2025 13.157 13.623
23-01-2025 13.218 13.686
22-01-2025 13.161 13.627
21-01-2025 13.166 13.631
20-01-2025 13.274 13.742
17-01-2025 13.242 13.708
16-01-2025 13.273 13.739
15-01-2025 13.204 13.667
14-01-2025 13.181 13.642
13-01-2025 13.109 13.568
10-01-2025 13.27 13.733
09-01-2025 13.342 13.807
08-01-2025 13.406 13.873
07-01-2025 13.43 13.897
06-01-2025 13.388 13.853
03-01-2025 13.523 13.991
02-01-2025 13.551 14.02
01-01-2025 13.449 13.914
31-12-2024 13.413 13.876

Fund Launch Date: 12/Aug/2022
Fund Category: Dynamic Asset Allocation or Balanced Advantage
Investment 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 andderivatives. However, there is no assurance or guarantee that the investment objective of the scheme will be realized.
Fund Description: An open-ended Dynamic Asset Allocation Fund
Fund Benchmark: Nifty Equity Savings Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.