Mirae Asset Balanced Advantage Fund Overview
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank N/A
Rating N/A
Growth Option 21-02-2025
NAV ₹12.99(R) -0.34% ₹13.46(D) -0.33%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.61% -% -% -% -%
Direct 7.09% -% -% -% -%
Benchmark
SIP (XIRR) Regular -0.8% -% -% -% -%
Direct 0.62% -% -% -% -%
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
Hdfc Balanced Advantage Fund 2
Icici Prudential Balanced Advantage Fund 3
SBI Balanced Advantage Fund 4
Invesco India Balanced Advantage Fund 5

NAV Date: 21-02-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Balanced Advantage Fund Regular Plan- Growth 12.99
-0.0400
-0.3400%
Mirae Asset Balanced Advantage Fund Regular Plan IDCW 12.99
-0.0400
-0.3400%
Mirae Asset Balanced Advantage Fund Direct Plan- Growth 13.46
-0.0400
-0.3300%
Mirae Asset Balanced Advantage Fund Direct Plan- IDCW 13.46
-0.0400
-0.3300%

Review Date: 21-02-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It indicates the appreciation in the investment's value within the investment period, represented as a percentage or a specific amount of money. We conducted an analysis of the four return parameters of this fund to assess their performance. To assess performance, we have segmented the return parameters into three groups: the top 25%, parameters below the top 25% but still above average, and parameters below average. The results are provided below.
    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: Various factors can lead to the risk of either not meeting expected returns or encountering a monetary loss. 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: 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.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -1.34
-1.92
-10.50 | -0.17 12 | 34 Good
3M Return % -1.70
-2.89
-16.03 | 0.28 10 | 34 Good
6M Return % -4.03
-5.33
-20.98 | 0.51 16 | 34 Good
1Y Return % 5.61
4.66
-7.62 | 10.40 17 | 32 Average
1Y SIP Return % -0.80
-3.05
-25.44 | 4.98 15 | 32 Good
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -1.22 -1.82 -10.41 | -0.06 12 | 34
3M Return % -1.35 -2.58 -15.77 | 0.35 9 | 34
6M Return % -3.35 -4.72 -20.45 | 0.66 15 | 34
1Y Return % 7.09 6.03 -6.44 | 11.75 16 | 32
1Y SIP Return % 0.62 -1.76 -24.42 | 5.71 12 | 32
Return data last Updated On : Feb. 21, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Jan. 31, 2025
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.34 ₹ 9,966.00 -0.33 ₹ 9,967.00
1W 0.07 ₹ 10,007.00 0.10 ₹ 10,010.00
1M -1.34 ₹ 9,866.00 -1.22 ₹ 9,878.00
3M -1.70 ₹ 9,830.00 -1.35 ₹ 9,865.00
6M -4.03 ₹ 9,597.00 -3.35 ₹ 9,665.00
1Y 5.61 ₹ 10,561.00 7.09 ₹ 10,709.00
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 -0.80 ₹ 11,947.93 0.62 ₹ 12,040.46
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
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
06-02-2025 13.335 13.814
05-02-2025 13.365 13.845
04-02-2025 13.331 13.809
03-02-2025 13.197 13.67
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

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.