Mirae Asset Balanced Advantage Fund Overview
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank N/A
Rating N/A
Growth Option 07-03-2025
NAV ₹12.98(R) -0.12% ₹13.46(D) -0.1%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 4.44% -% -% -% -%
Direct 5.91% -% -% -% -%
Benchmark
SIP (XIRR) Regular -2.43% -% -% -% -%
Direct -1.03% -% -% -% -%
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
Axis Balanced Advantage Fund 1
Icici Prudential Balanced Advantage Fund 2
Hdfc Balanced Advantage Fund 3
Dsp Dynamic Asset Allocation Fund 4
SBI Balanced Advantage Fund 5

NAV Date: 07-03-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Balanced Advantage Fund Regular Plan IDCW 12.97
-0.0200
-0.1200%
Mirae Asset Balanced Advantage Fund Regular Plan- Growth 12.98
-0.0200
-0.1200%
Mirae Asset Balanced Advantage Fund Direct Plan- IDCW 13.45
-0.0200
-0.1100%
Mirae Asset Balanced Advantage Fund Direct Plan- Growth 13.46
-0.0100
-0.1000%

Review Date: 07-03-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It denotes the rise in the investment's worth during the investment period, expressed as a percentage or a monetary value. As part of our analysis, we evaluated four return parameters of this fund. We have classified the return parameters into three performance groups: the top 25%, parameters that fall below the top 25% but remain above average, and parameters that are below average. The performance of each parameter is outlined below.
    1. Top 25%: The mirae asset balanced advantage fund has one return parameter in the top 25% in the category, as shown below:
      • 3M Return %
    2. Above Average Below the Top 25%: Three return parameters of the mirae asset balanced advantage fund are above average but below the top 25% in the category, as listed below:
      • 1M 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 refers to the chance of suffering a financial loss or not reaching the expected profits due to a variety of circumstances. Zero risk parameters of the fund are divided 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: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated zero risk-adjusted performance parameters of the fund.
    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.


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.


Date Mirae Asset Balanced Advantage Fund NAV Regular Growth Mirae Asset Balanced Advantage Fund NAV Direct Growth
07-03-2025 12.975 13.457
06-03-2025 12.99 13.471
05-03-2025 12.906 13.384
04-03-2025 12.783 13.256
03-03-2025 12.761 13.233
28-02-2025 12.753 13.222
27-02-2025 12.877 13.351
25-02-2025 12.905 13.378
24-02-2025 12.917 13.39
21-02-2025 12.99 13.465
20-02-2025 13.034 13.51
19-02-2025 13.001 13.475
18-02-2025 12.965 13.438
17-02-2025 12.968 13.44
14-02-2025 12.981 13.452
13-02-2025 13.075 13.548
12-02-2025 13.075 13.548
11-02-2025 13.097 13.57
10-02-2025 13.233 13.711
07-02-2025 13.329 13.809

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.