Hybrid
●
Dynamic Asset Allocation
Current NAV
₹14.20
Expense Ratio
2.06%
Min SIP
₹99
Fund Size
₹1881Cr
Min Investment
₹5.00K
Lock In
NA
Scheme Information Document
Exit load: 1% on or before 6M (180D), Nil after 6M (180D)
Alpha
0.12%
Beta
0.56
Sharpe Ratio
0.253336
Risk
12.60%
Above numbers are based upon past 3 years
Would have become
₹1,49,748.59
(4.99)%
| Name | Holding(%) |
| Name | Sector(%) |
| Name | Assets(%) |
Harshad Borawake
Mirae Asset Balanced Advantage FundTotal assets under management
₹198.34L Crores
Date of incorporation
20 Nov 2006
Ans.
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Ans. The Mirae Asset Balanced Advantage Fund has an AUM of ₹1880.82 Cr as on 10/1/2025. The scheme has delivered CAGR returns for the past 3 years against a category average of 12.16%. The risk is Very High against the category average of 41.11.
Ans. Mutual fund taxation depends on the scheme type and investment holding period.
Taxation on hybrid funds: If equity allocation is 65% or above: STCG of 20% is applicable if units are sold within one year of purchase. For units sold after one year of purchase, LTCG of 12.5% is levied on gains above ₹1.25 lakhs in a financial year.
If debt allocation in a hybrid fund is 65% or more, gains are added to income and taxed as per slab rate irrespective of the holding period.
Ans. There is no lock-in period applicable on Mirae Asset Balanced Advantage Fund.
Ans. The expense ratio of Mirae Asset Balanced Advantage Fund is 2.06%.