Mirae Asset Balanced Advantage Fund vs Mirae Asset Equity Savings Fund
Direct Plan, Growth option · Data as on 30-10-2026
Mirae Asset Balanced Advantage Fund is a Balanced Advantage fund and Mirae Asset Equity Savings Fund is an Equity Savings fund. In the 3 years to 30-10-2026, Mirae Asset Balanced Advantage Fund (Direct) returned 10.1% a year and Mirae Asset Equity Savings Fund (Direct) returned 10.0% a year. Mirae Asset Balanced Advantage Fund charges 0.99% a year and Mirae Asset Equity Savings Fund 0.73% (Direct plans). Their portfolios overlap 61.1%: they hold 115 of the same securities.
Mirae Asset Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 10.1%
- Expense ratio
- 0.99%
- NAV
- ₹15.20
Mirae Asset Equity Savings Fund
Equity Savings
- 3 year return
- 10.0%
- Expense ratio
- 0.73%
- NAV
- ₹22.84
Which is better, Mirae Asset Balanced Advantage or Mirae Asset Equity Savings? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Mirae Asset Balanced Advantage returned more over 3 years: 10.1% a year against 10.0%.
- Mirae Asset Equity Savings returned more over 1 year: 2.6% against 0.7%.
- Mirae Asset Equity Savings costs less: 0.73% a year against 0.99% (Direct plans).
- Mirae Asset Equity Savings swung less over 3 years: a standard deviation of 5.7% a year against 7.6%.
- Mirae Asset Equity Savings fell less in its worst fall since 12-08-2022: −5.1% against −7.5%.
- Mirae Asset Balanced Advantage is the larger fund: ₹2,109 Cr against ₹1,994 Cr.
- Their portfolios overlap 61.1%: 115 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Mirae Asset Balanced Advantage Fund | Mirae Asset Equity Savings Fund |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | Mirae Asset Mutual Fund |
| Category | Balanced Advantage | Equity Savings |
| AUM | ₹2,109 Cr (30-09-2026) | ₹1,994 Cr (30-09-2026) |
| NAV | ₹15.20 (Direct) | ₹22.84 (Direct) |
| Expense ratio (Direct) | 0.99% | 0.73% |
| Expense ratio (Regular) | 2.29% | 1.73% |
| Riskometer | Very High | Moderately High |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index | Nifty Equity Savings Index |
| Launch date | 11-08-2022 | 17-12-2018 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Harshad Borawake, Basant Bafna | Harshad Borawake, Vrijesh Kasera, Bharti Sawant, Basant Bafna |
| Exit load | Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days. | Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 90 Days. |
Mirae Asset Balanced Advantage vs Mirae Asset Equity Savings: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Mirae Asset Balanced Advantage Fund (Direct) | −0.24% | −1.80% | +0.68% | +0.72% | +10.13% | -- | -- |
| Mirae Asset Equity Savings Fund (Direct) | +0.07% | −0.57% | +1.77% | +2.60% | +9.98% | +8.69% | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | -- | -- |
| Equity Savings average | −0.02% | −0.68% | +1.71% | +2.12% | +8.55% | +7.55% | -- |
Category average: the average of the 38 Balanced Advantage funds and the 23 Equity Savings funds, same plan type.
Mirae Asset Balanced Advantage vs Mirae Asset Equity Savings: Year-wise Returns
| Year | Balanced AdvantageMirae Asset Balanced Advantage | Equity SavingsMirae Asset Equity Savings |
|---|---|---|
| 2026to date | −0.48% | +1.45% |
| 2025 | +10.10% | +9.77% |
| 2024 | +12.72% | +12.51% |
| 2023 | +19.85% | +15.09% |
| 2022 | -- | +4.73% |
| 2021 | -- | +16.90% |
Mirae Asset Balanced Advantage vs Mirae Asset Equity Savings: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 298 of them, one for each trading day from 12-08-2025 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Mirae Asset Balanced Advantage Fund (Direct)
Mirae Asset Equity Savings Fund (Direct)
to
Sept 2025Dec 2022
to
Dec 2025Feb 2023
to
Feb 2026Apr 2023
to
Apr 2026Jul 2023
to
Jul 2026Sept 2023
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mirae Asset Balanced Advantage | 0.0 | 0.0 | 7.4 | 92.6 | 0.0 | 0.0 | 0.0 | 12.7% | 13.4% | 9.4% | 15.0% |
| Mirae Asset Equity Savings | 0.0 | 0.0 | 10.1 | 89.9 | 0.0 | 0.0 | 0.0 | 11.6% | 11.9% | 9.4% | 13.2% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 12-08-2022. Past returns do not promise future returns.
Mirae Asset Balanced Advantage vs Mirae Asset Equity Savings: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 12-08-2022 to 30-10-2026: 51 instalments, ₹5,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Mirae Asset Balanced AdvantageMirae Asset Balanced Advantage Fund (Direct) | ₹5,10,000 | ₹6,08,068 | ₹98,068 | 8.2% |
| Mirae Asset Equity SavingsMirae Asset Equity Savings Fund (Direct) | ₹5,10,000 | ₹6,09,874 | ₹99,874 | 8.4% |
Mirae Asset Balanced AdvantageMirae Asset Balanced Advantage Fund (Direct)
Mirae Asset Equity SavingsMirae Asset Equity Savings Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Mirae Asset Balanced Advantage vs Mirae Asset Equity Savings: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Mirae Asset Balanced Advantage Fund (Direct) | Mirae Asset Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.72% | +2.60% |
| Standard deviation | 8.03% | 5.76% |
| Sharpe ratio | -0.56 | -0.46 |
| Sortino ratio | -0.76 | -0.63 |
| Maximum drawdown | −7.1% (30-03-2026) | −5.1% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Mirae Asset Balanced Advantage Fund (Direct) | Mirae Asset Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.13% | +9.98% |
| Standard deviation | 7.56% | 5.66% |
| Sharpe ratio | 0.54 | 0.70 |
| Sortino ratio | 0.75 | 0.97 |
| Maximum drawdown | −7.5% (28-02-2025) | −5.1% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Mirae Asset Balanced Advantage Fund (Direct) | Mirae Asset Equity Savings Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.40% | +11.02% |
| Standard deviation | 7.00% | 7.23% |
| Sharpe ratio | 0.61 | 0.80 |
| Sortino ratio | 0.84 | 1.08 |
| Maximum drawdown | −7.5% (28-02-2025) | −18.2% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 12-08-2022 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Mirae Asset Balanced Advantage Fund (Direct)
Mirae Asset Equity Savings Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Mirae Asset Balanced Advantage Fund (Direct) | −7.5% | 26-09-2024 | 28-02-2025 | 12-05-2025 | 2 months | −3.0% |
| Mirae Asset Equity Savings Fund (Direct) | −5.1% | 18-02-2026 | 30-03-2026 | 18-06-2026 | 3 months | −1.6% |
From daily values since 12-08-2022, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Mirae Asset Balanced Advantage Fund (Direct)
Mirae Asset Equity Savings Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Mirae Asset Balanced Advantage Fund (Direct)
Mirae Asset Equity Savings Fund (Direct)
Mirae Asset Balanced Advantage vs Mirae Asset Equity Savings: Portfolio Overlap
From each fund's latest monthly portfolio: Mirae Asset Balanced Advantage Fund, September 2026; Mirae Asset Equity Savings Fund, September 2026
Holdings in common
- Overlap
- 61.1%
- Held by both
- 115
- Only in Mirae Asset Balanced Advantage
- 18
- Only in Mirae Asset Equity Savings
- 54
| Security | % of Mirae Asset Balanced Advantage | % of Mirae Asset Equity Savings |
|---|---|---|
| ICICI Bank Ltd. | 3.52% | 3.28% |
| HDFC Bank Ltd. | 4.70% | 3.01% |
| Bharti Airtel Ltd. | 2.82% | 2.24% |
| Reliance Industries Ltd. | 2.72% | 2.21% |
| State Bank of India | 2.64% | 2.07% |
| Axis Bank Ltd. | 1.74% | 2.12% |
| Tata Steel Ltd. | 1.44% | 1.39% |
| 6.79% Government of India (MD 07/10/2034) | 1.52% | 1.32% |
| Mahindra & Mahindra Ltd. | 1.52% | 1.27% |
| 7.18% Government of India (MD 14/08/2033) | 3.34% | 1.26% |
| 7.60% Torrent Pharmaceuticals Ltd. (MD 19/01/2029) | 2.34% | 1.24% |
| 7.45% ICICI Securities Ltd. (MD 24/11/2028) | 1.17% | 1.24% |
| 7.88% Muthoot Finance Ltd. (MD 22/11/2028) | 1.16% | 2.46% |
| Kotak Mahindra Bank Ltd. | 1.12% | 1.28% |
| 7.15% State Government of Haryana (MD 30/07/2040) | 1.11% | 1.17% |
| SBI Life Insurance Co. Ltd. | 1.39% | 1.06% |
| Titan Company Ltd. | 1.02% | 1.27% |
| Larsen & Toubro Ltd. | 1.11% | 0.98% |
| 6.54% Government of India (MD 17/01/2032) | 1.16% | 0.98% |
| Adani Ports and Special Economic Zone Ltd. | 0.95% | 1.07% |
| 7.45% Torrent Pharmaceuticals Ltd. (MD 19/01/2028) | 0.94% | 1.99% |
| Bajaj Finance Ltd. | 0.94% | 1.02% |
| Shriram Finance Ltd. | 1.17% | 0.89% |
| Laurus Labs Ltd. | 1.24% | 0.87% |
| Sun Pharmaceutical Industries Ltd. | 1.05% | 0.86% |
| Maruti Suzuki India Ltd. | 0.98% | 0.86% |
| Eternal Ltd. | 1.06% | 0.81% |
| TVS Motor Company Ltd. | 0.95% | 0.75% |
| TD Power Systems Ltd. | 1.20% | 0.73% |
| Multi Commodity Exchange of India Ltd. | 0.89% | 0.67% |
| Ambuja Cements Ltd. | 0.74% | 0.59% |
| Infosys Ltd. | 0.77% | 0.55% |
| Jindal Steel Ltd. | 0.55% | 0.58% |
| LG Electronics India Ltd. | 0.70% | 0.55% |
| Divi's Laboratories Ltd. | 0.86% | 0.55% |
| Varun Beverages Ltd. | 0.58% | 0.54% |
| NTPC Ltd. | 0.67% | 0.54% |
| Hindalco Industries Ltd. | 0.89% | 0.53% |
| Tata Consultancy Services Ltd. | 0.76% | 0.51% |
| Sona Blw Precision Forgings Ltd. | 0.71% | 0.51% |
| Avenue Supermarts Ltd. | 0.67% | 0.48% |
| 7.26% Government of India (MD 06/02/2033) | 0.48% | 0.51% |
| 8.65% Muthoot Finance Ltd. (MD 31/01/2028) | 0.47% | 2.50% |
| JSW Energy Ltd. | 0.46% | 0.65% |
| Kfin Technologies Ltd. | 0.56% | 0.46% |
| Craftsman Automation Ltd. | 0.77% | 0.45% |
| Bharat Electronics Ltd. | 0.66% | 0.40% |
| Onesource Specialty Pharma Ltd. | 0.53% | 0.39% |
| Adani Enterprises Ltd. | 0.36% | 0.38% |
| Tata Motors Passenger Vehicles Ltd. | 0.35% | 0.54% |
| Central Depository Services (I) Ltd. | 0.54% | 0.35% |
| Oil & Natural Gas Corporation Ltd. | 0.34% | 0.42% |
| ITC Ltd. | 0.46% | 0.33% |
| Dr. Reddy's Laboratories Ltd. | 0.45% | 0.32% |
| Schaeffler India Ltd. | 0.54% | 0.32% |
| Foseco India Ltd. | 0.42% | 0.31% |
| Torrent Pharmaceuticals Ltd. | 0.36% | 0.31% |
| Aurobindo Pharma Ltd. | 0.31% | 0.57% |
| Bharat Petroleum Corporation Ltd. | 0.56% | 0.30% |
| Symbiotec Pharmalab Ltd | 0.36% | 0.30% |
| Vedanta Aluminium Metal Ltd. | 0.61% | 0.30% |
| Kirloskar Oil Engines Ltd. | 0.42% | 0.30% |
| Century Plyboards (India) Ltd. | 0.45% | 0.29% |
| Sai Life Sciences Ltd. | 0.44% | 0.29% |
| BlackBuck Ltd. | 0.42% | 0.27% |
| Milky Mist Dairy Food Ltd. | 0.34% | 0.27% |
| Leela Palaces Hotels & Resorts Ltd. | 0.38% | 0.27% |
| Ultratech Cement Ltd. | 0.26% | 0.30% |
| Apollo Hospitals Enterprise Ltd. | 0.31% | 0.26% |
| Godrej Consumer Products Ltd. | 0.38% | 0.25% |
| Dr. Lal Path labs Ltd. | 0.41% | 0.25% |
| Mphasis Ltd. | 0.25% | 0.44% |
| Vishal Mega Mart Ltd. | 0.28% | 0.25% |
| Canara Bank | 0.28% | 0.25% |
| JSW Steel Ltd. | 0.53% | 0.25% |
| Krishna Institute of Medical Sciences Ltd. | 0.48% | 0.24% |
| Tech Mahindra Ltd. | 0.25% | 0.24% |
| 7.34% Government of India (MD 22/04/2064) | 0.23% | 0.24% |
| Campus Activewear Ltd. | 0.28% | 0.22% |
| Glenmark Pharmaceuticals Ltd. | 0.22% | 0.44% |
| Power Finance Corporation Ltd. | 0.20% | 0.21% |
| Neogen Chemicals Ltd. | 0.20% | 0.52% |
| 7.01% National Bank for Agriculture and Rural Development (MD 16/03/2029) | 1.16% | 0.20% |
| BSE Ltd. | 0.18% | 0.19% |
| Eicher Motors Ltd. | 0.18% | 1.06% |
| CARE Ratings Ltd. | 0.24% | 0.18% |
| International Gemological Institute Ltd. | 0.30% | 0.18% |
| GO Digit General Insurance Ltd. | 0.21% | 0.17% |
| HDFC Life Insurance Company Ltd. | 0.17% | 0.43% |
| Siemens Energy India Ltd. | 0.23% | 0.17% |
| Shiprocket Ltd. | 0.23% | 0.16% |
| HDFC Asset Management Co. Ltd. | 0.16% | 0.18% |
| Gujarat Energy Ltd. | 0.17% | 0.16% |
| Interglobe Aviation Ltd. | 0.17% | 0.15% |
| The Federal Bank Ltd. | 0.14% | 0.40% |
| Kanohar Electricals Ltd. | 0.15% | 0.14% |
| Nestle India Ltd. | 0.13% | 0.34% |
| Deepak Nitrite Ltd. | 0.24% | 0.13% |
| Zensar Technologies Ltd. | 0.24% | 0.13% |
| Greenply Industries Ltd. | 0.17% | 0.12% |
| Atul Ltd. | 0.13% | 0.11% |
| Pine Labs Ltd. | 0.53% | 0.09% |
| Tata Power Company Ltd. | 0.08% | 0.72% |
| Bank of Baroda | 0.08% | 0.34% |
| Bharat Heavy Electricals Ltd. | 0.08% | 0.28% |
| Prince Pipes and Fittings Ltd. | 0.08% | 0.17% |
| United Spirits Ltd. | 0.11% | 0.08% |
| Crompton Greaves Consumer Electricals Ltd. | 0.18% | 0.07% |
| Ashok Leyland Ltd. | 0.06% | 0.51% |
| Punjab National Bank | 0.05% | 0.08% |
| 7.64% National Bank for Agriculture and Rural Development (MD 06/12/2029) | 0.19% | 0.05% |
| GSPL Transmission Ltd. | 0.04% | 0.03% |
| Asian Paints Ltd. | 0.03% | 0.14% |
| Moneyview Ltd. A | 0.01% | 0.01% |
| Turtlemint Fintech Solutions Ltd. | 0.15% | 0.00% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 61.1% means 61.1% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Mirae Asset Balanced Advantage Fund
| Security | % of fund |
|---|---|
| 7.53% Bajaj Housing Finance Ltd. (MD 28/09/2029) | 2.33% |
| 7.63% Mindspace Business Parks Reit (MD 26/09/2028) | 2.31% |
| 7.10% Government of India (MD 08/04/2034) | 1.63% |
| 8.20% Tata Capital Housing Finance Ltd. (MD 25/09/2029) | 1.19% |
| 8.60% Manappuram Finance Ltd. (MD 24/03/2028) | 1.18% |
Largest holdings only in Mirae Asset Equity Savings Fund
| Security | % of fund |
|---|---|
| 7.47% Reliance Industries Ltd. (MD 16/09/2031) | 2.44% |
| 7.32% Government of India (MD 13/11/2030) | 1.27% |
| 7.38% REC Ltd. (MD 28/02/2029) | 1.24% |
| 6.07% National Bank for Agriculture and Rural Development (MD 19/11/2027) | 1.23% |
| 6.35% Larsen & Toubro Ltd. (MD 19/06/2028) | 1.23% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Mirae Asset Balanced Advantage | Mirae Asset Equity Savings |
|---|---|---|
| Equity | 66.2% | 64.9% |
| Debt | 29.4% | 29.7% |
| Cash and others | 4.5% | 5.5% |
Market cap of stocks
| Market cap | Mirae Asset Balanced Advantage | Mirae Asset Equity Savings |
|---|---|---|
| Large Cap | 46.6% | 45.1% |
| Mid Cap | 7.6% | 11.7% |
| Small Cap | 9.2% | 6.4% |
| Not on AMFI's list | 2.8% | 1.6% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Mirae Asset Balanced Advantage | Mirae Asset Equity Savings |
|---|---|---|
| Banks | 14.3% | 13.9% |
| Pharmaceuticals & Biotechnology | 6.1% | 5.2% |
| Automobiles | 4.0% | 4.9% |
| Finance | 2.3% | 3.4% |
| Petroleum Products | 3.3% | 2.6% |
| Consumer Durables | 2.8% | 3.0% |
| Telecom - Services | 2.8% | 2.3% |
The six largest sectors of each fund's stocks, % of the fund.
Mirae Asset Balanced Advantage vs Mirae Asset Equity Savings: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Mirae Asset Balanced Advantage Fund | Mirae Asset Equity Savings Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.99% | 0.73% |
| Base expense ratio (Direct) | 0.65% | 0.31% |
| Total expense ratio (Regular) | 2.29% | 1.73% |
| Base expense ratio (Regular) | 1.75% | 1.16% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
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Mirae Asset Balanced Advantage Fund vs Mirae Asset Equity Savings Fund: Frequently Asked Questions
What is the difference between Mirae Asset Balanced Advantage Fund and Mirae Asset Equity Savings Fund?
Mirae Asset Balanced Advantage Fund is a Balanced Advantage fund, Mirae Asset Equity Savings Fund is an Equity Savings fund, run by Mirae Asset Mutual Fund. Their portfolios overlap 61.1%. Mirae Asset Balanced Advantage Fund charges 0.99% a year and Mirae Asset Equity Savings Fund 0.73%.
Which has given higher returns, Mirae Asset Balanced Advantage Fund or Mirae Asset Equity Savings Fund?
Over 1 year: Mirae Asset Balanced Advantage Fund +0.72%, Mirae Asset Equity Savings Fund +2.60%. Over 3 years: Mirae Asset Balanced Advantage Fund +10.13% a year, Mirae Asset Equity Savings Fund +9.98% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Mirae Asset Balanced Advantage Fund or Mirae Asset Equity Savings Fund?
Mirae Asset Equity Savings Fund charges less: 0.73% a year against 0.99%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Mirae Asset Balanced Advantage Fund and Mirae Asset Equity Savings Fund overlap?
61.1%. They hold 115 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, BHARTIARTL. From each fund's latest monthly portfolio.
Which is riskier, Mirae Asset Balanced Advantage Fund or Mirae Asset Equity Savings Fund?
On SEBI's riskometer, Mirae Asset Balanced Advantage Fund is rated Very High and Mirae Asset Equity Savings Fund Moderately High. Over 3 years, the standard deviation of daily returns was 7.56% and 5.66% a year.
Which is better for SIP, Mirae Asset Balanced Advantage Fund or Mirae Asset Equity Savings Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,04,001 in Mirae Asset Balanced Advantage Fund (XIRR 5.7% a year) and ₹4,10,050 in Mirae Asset Equity Savings Fund (XIRR 6.6% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Mirae Asset Balanced Advantage Fund and Mirae Asset Equity Savings Fund?
Yes. 61.1% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Mirae Asset Balanced Advantage Fund and Mirae Asset Equity Savings Fund?
Mirae Asset Balanced Advantage Fund: Harshad Borawake, Basant Bafna. Mirae Asset Equity Savings Fund: Harshad Borawake, Vrijesh Kasera, Bharti Sawant, Basant Bafna.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.