Mirae Asset Balanced Advantage Fund vs Mirae Asset Multi Asset Allocation Fund
Direct Plan, Growth option · Data as on 30-10-2026
Mirae Asset Balanced Advantage Fund is a Balanced Advantage fund and Mirae Asset Multi Asset Allocation Fund is a Multi Asset fund. In the year to 30-10-2026, Mirae Asset Balanced Advantage Fund (Direct) returned 0.7% and Mirae Asset Multi Asset Allocation Fund (Direct) returned 4.1%. Mirae Asset Balanced Advantage Fund charges 0.99% a year and Mirae Asset Multi Asset Allocation Fund 0.65% (Direct plans). Their portfolios overlap 64.6%: they hold 111 of the same securities.
Mirae Asset Balanced Advantage Fund
Balanced Advantage
- 1 year return
- 0.7%
- Expense ratio
- 0.99%
- NAV
- ₹15.20
Mirae Asset Multi Asset Allocation Fund
Multi Asset
- 1 year return
- 4.1%
- Expense ratio
- 0.65%
- NAV
- ₹13.67
Which is better, Mirae Asset Balanced Advantage or Mirae Asset Multi Asset Allocation? 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 Multi Asset Allocation returned more over 1 year: 4.1% against 0.7%.
- Mirae Asset Multi Asset Allocation costs less: 0.65% a year against 0.99% (Direct plans).
- Mirae Asset Balanced Advantage fell less in its worst fall since 01-02-2024: −7.5% against −9.1%.
- Mirae Asset Multi Asset Allocation is the larger fund: ₹3,607 Cr against ₹2,109 Cr.
- Their portfolios overlap 64.6%: 111 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 Multi Asset Allocation Fund |
|---|---|---|
| Fund house | Mirae Asset Mutual Fund | Mirae Asset Mutual Fund |
| Category | Balanced Advantage | Multi Asset |
| AUM | ₹2,109 Cr (30-09-2026) | ₹3,607 Cr (30-09-2026) |
| NAV | ₹15.20 (Direct) | ₹13.67 (Direct) |
| Expense ratio (Direct) | 0.99% | 0.65% |
| Expense ratio (Regular) | 2.29% | 2.15% |
| Riskometer | Very High | Very High |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index | 65% Nifty 500 TRI + 25% Nifty Short Duration Debt Index +7.5% Domestic Price of Gold + 2.5% Domestic Price of Silver |
| Launch date | 11-08-2022 | 31-01-2024 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Harshad Borawake, Basant Bafna | Harshad Borawake, Basant Bafna, Siddharth Srivastava, Ritesh Patel |
| 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 180 Days. |
Mirae Asset Balanced Advantage vs Mirae Asset Multi Asset Allocation: 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 Multi Asset Allocation Fund (Direct) | −1.13% | −2.18% | −0.61% | +4.13% | -- | -- | -- |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | -- | -- |
| Multi Asset average | −1.71% | −3.33% | −1.78% | +2.00% | -- | -- | -- |
Category average: the average of the 38 Balanced Advantage funds and the 37 Multi Asset funds, same plan type.
Mirae Asset Balanced Advantage vs Mirae Asset Multi Asset Allocation: Year-wise Returns
| Year | Balanced AdvantageMirae Asset Balanced Advantage | Multi Asset AllocationMirae Asset Multi Asset Allocation |
|---|---|---|
| 2026to date | −0.48% | +0.10% |
| 2025 | +10.10% | +20.12% |
| 2024 | +12.72% | -- |
| 2023 | +19.85% | -- |
Mirae Asset Balanced Advantage vs Mirae Asset Multi Asset Allocation: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 428 of them, one for each trading day from 03-02-2025 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 Multi Asset Allocation Fund (Direct)
to
Mar 2025Jul 2024
to
Jul 2025Oct 2024
to
Oct 2025Feb 2025
to
Feb 2026May 2025
to
May 2026Sept 2025
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 | 0.2 | 26.4 | 51.9 | 21.5 | 0.0 | 0.0 | 0.0 | 7.4% | 7.3% | −0.7% | 14.9% |
| Mirae Asset Multi Asset Allocation | 0.0 | 1.6 | 11.9 | 53.5 | 21.5 | 9.3 | 2.1 | 14.1% | 13.5% | 2.7% | 27.3% |
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 01-02-2024. Past returns do not promise future returns.
Mirae Asset Balanced Advantage vs Mirae Asset Multi Asset Allocation: 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 01-02-2024 to 30-10-2026: 33 instalments, ₹3,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Mirae Asset Balanced AdvantageMirae Asset Balanced Advantage Fund (Direct) | ₹3,30,000 | ₹3,52,276 | ₹22,276 | 4.7% |
| Mirae Asset Multi Asset AllocationMirae Asset Multi Asset Allocation Fund (Direct) | ₹3,30,000 | ₹3,72,828 | ₹42,828 | 8.9% |
Mirae Asset Balanced AdvantageMirae Asset Balanced Advantage Fund (Direct)
Mirae Asset Multi Asset AllocationMirae Asset Multi Asset Allocation 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 Multi Asset Allocation: 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 Multi Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.72% | +4.13% |
| Standard deviation | 8.03% | 10.38% |
| Sharpe ratio | -0.56 | -0.11 |
| Sortino ratio | -0.76 | -0.15 |
| Maximum drawdown | −7.1% (30-03-2026) | −9.1% (23-03-2026) |
| 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 Multi Asset Allocation Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.40% | +11.96% |
| Standard deviation | 7.00% | 8.73% |
| Sharpe ratio | 0.61 | 0.69 |
| Sortino ratio | 0.84 | 0.95 |
| Maximum drawdown | −7.5% (28-02-2025) | −9.1% (23-03-2026) |
| 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 Multi Asset Allocation 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 Multi Asset Allocation Fund (Direct) | −9.1% | 29-01-2026 | 23-03-2026 | 03-08-2026 | 4 months | −4.9% |
From daily values since 01-02-2024, 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 Multi Asset Allocation Fund (Direct)
Mirae Asset Balanced Advantage vs Mirae Asset Multi Asset Allocation: Portfolio Overlap
From each fund's latest monthly portfolio: Mirae Asset Balanced Advantage Fund, September 2026; Mirae Asset Multi Asset Allocation Fund, September 2026
Holdings in common
- Overlap
- 64.6%
- Held by both
- 111
- Only in Mirae Asset Balanced Advantage
- 22
- Only in Mirae Asset Multi Asset Allocation
- 59
| Security | % of Mirae Asset Balanced Advantage | % of Mirae Asset Multi Asset Allocation |
|---|---|---|
| HDFC Bank Ltd. | 4.70% | 4.24% |
| ICICI Bank Ltd. | 3.52% | 4.27% |
| State Bank of India | 2.64% | 2.58% |
| Reliance Industries Ltd. | 2.72% | 2.42% |
| Bharti Airtel Ltd. | 2.82% | 2.07% |
| Axis Bank Ltd. | 1.74% | 1.99% |
| 6.79% Government of India (MD 07/10/2034) | 1.52% | 1.88% |
| 7.60% Torrent Pharmaceuticals Ltd. (MD 19/01/2029) | 2.34% | 1.37% |
| 7.53% Bajaj Housing Finance Ltd. (MD 28/09/2029) | 2.33% | 1.36% |
| TD Power Systems Ltd. | 1.20% | 1.18% |
| Shriram Finance Ltd. | 1.17% | 1.32% |
| Laurus Labs Ltd. | 1.24% | 1.13% |
| Mahindra & Mahindra Ltd. | 1.52% | 1.12% |
| Tata Steel Ltd. | 1.44% | 1.07% |
| Eternal Ltd. | 1.06% | 1.06% |
| Titan Company Ltd. | 1.02% | 1.15% |
| SBI Life Insurance Co. Ltd. | 1.39% | 1.01% |
| TVS Motor Company Ltd. | 0.95% | 1.07% |
| 7.45% Torrent Pharmaceuticals Ltd. (MD 19/01/2028) | 0.94% | 1.38% |
| Bajaj Finance Ltd. | 0.94% | 0.97% |
| Larsen & Toubro Ltd. | 1.11% | 0.93% |
| Multi Commodity Exchange of India Ltd. | 0.89% | 0.85% |
| Adani Ports and Special Economic Zone Ltd. | 0.95% | 0.83% |
| Kotak Mahindra Bank Ltd. | 1.12% | 0.81% |
| Infosys Ltd. | 0.77% | 0.80% |
| Sona Blw Precision Forgings Ltd. | 0.71% | 0.72% |
| LG Electronics India Ltd. | 0.70% | 0.76% |
| 8.20% Tata Capital Housing Finance Ltd. (MD 25/09/2029) | 1.19% | 0.69% |
| 7.77% Bajaj Finance Ltd. (MD 17/04/2029) | 1.17% | 0.68% |
| 7.88% Muthoot Finance Ltd. (MD 22/11/2028) | 1.16% | 0.68% |
| Avenue Supermarts Ltd. | 0.67% | 0.68% |
| Maruti Suzuki India Ltd. | 0.98% | 0.67% |
| Divi's Laboratories Ltd. | 0.86% | 0.66% |
| Bharat Electronics Ltd. | 0.66% | 0.89% |
| Hindalco Industries Ltd. | 0.89% | 0.64% |
| Varun Beverages Ltd. | 0.58% | 0.59% |
| NTPC Ltd. | 0.67% | 0.58% |
| Kfin Technologies Ltd. | 0.56% | 0.59% |
| Bharat Petroleum Corporation Ltd. | 0.56% | 0.54% |
| Central Depository Services (I) Ltd. | 0.54% | 0.54% |
| Vedanta Aluminium Metal Ltd. | 0.61% | 0.53% |
| Tata Consultancy Services Ltd. | 0.76% | 0.52% |
| Onesource Specialty Pharma Ltd. | 0.53% | 0.51% |
| Pine Labs Ltd. | 0.53% | 0.51% |
| Schaeffler India Ltd. | 0.54% | 0.51% |
| Ambuja Cements Ltd. | 0.74% | 0.50% |
| Craftsman Automation Ltd. | 0.77% | 0.48% |
| JSW Energy Ltd. | 0.46% | 0.91% |
| ITC Ltd. | 0.46% | 0.45% |
| Century Plyboards (India) Ltd. | 0.45% | 0.47% |
| Dr. Reddy's Laboratories Ltd. | 0.45% | 0.44% |
| Kusumgar Ltd. | 0.44% | 0.42% |
| BlackBuck Ltd. | 0.42% | 0.47% |
| Sai Life Sciences Ltd. | 0.44% | 0.42% |
| Foseco India Ltd. | 0.42% | 0.44% |
| 8.65% Muthoot Finance Ltd. (MD 31/01/2028) | 0.47% | 0.41% |
| Kirloskar Oil Engines Ltd. | 0.42% | 0.41% |
| Dr. Lal Path labs Ltd. | 0.41% | 0.48% |
| Sun Pharmaceutical Industries Ltd. | 1.05% | 0.40% |
| Leela Palaces Hotels & Resorts Ltd. | 0.38% | 0.40% |
| Godrej Consumer Products Ltd. | 0.38% | 0.38% |
| Meesho Ltd. | 0.42% | 0.37% |
| Torrent Pharmaceuticals Ltd. | 0.36% | 0.48% |
| Symbiotec Pharmalab Ltd | 0.36% | 0.36% |
| Krishna Institute of Medical Sciences Ltd. | 0.48% | 0.35% |
| Milky Mist Dairy Food Ltd. | 0.34% | 0.37% |
| Oil & Natural Gas Corporation Ltd. | 0.34% | 0.42% |
| Apollo Hospitals Enterprise Ltd. | 0.31% | 0.35% |
| 7.10% Government of India (MD 08/04/2034) | 1.63% | 0.28% |
| Vishal Mega Mart Ltd. | 0.28% | 0.42% |
| Campus Activewear Ltd. | 0.28% | 0.28% |
| Eris Lifesciences Ltd. | 0.29% | 0.27% |
| Ultratech Cement Ltd. | 0.26% | 0.38% |
| Tech Mahindra Ltd. | 0.25% | 0.46% |
| CARE Ratings Ltd. | 0.24% | 0.32% |
| Deepak Nitrite Ltd. | 0.24% | 0.24% |
| International Gemological Institute Ltd. | 0.30% | 0.23% |
| Tata Motors Passenger Vehicles Ltd. | 0.35% | 0.23% |
| Shiprocket Ltd. | 0.23% | 0.24% |
| Siemens Energy India Ltd. | 0.23% | 0.28% |
| Mphasis Ltd. | 0.25% | 0.22% |
| Glenmark Pharmaceuticals Ltd. | 0.22% | 0.21% |
| Canara Bank | 0.28% | 0.21% |
| Neogen Chemicals Ltd. | 0.20% | 0.24% |
| Power Finance Corporation Ltd. | 0.20% | 0.20% |
| JSW Infrastructure Ltd. | 0.19% | 0.20% |
| BSE Ltd. | 0.18% | 0.27% |
| Eicher Motors Ltd. | 0.18% | 0.30% |
| Crompton Greaves Consumer Electricals Ltd. | 0.18% | 0.24% |
| Interglobe Aviation Ltd. | 0.17% | 0.19% |
| Gujarat Energy Ltd. | 0.17% | 0.15% |
| Kanohar Electricals Ltd. | 0.15% | 0.15% |
| The Federal Bank Ltd. | 0.14% | 0.21% |
| Turtlemint Fintech Solutions Ltd. | 0.15% | 0.14% |
| Nestle India Ltd. | 0.13% | 0.43% |
| GO Digit General Insurance Ltd. | 0.21% | 0.12% |
| Atul Ltd. | 0.13% | 0.12% |
| Zensar Technologies Ltd. | 0.24% | 0.11% |
| HDFC Asset Management Co. Ltd. | 0.16% | 0.09% |
| Bank of Baroda | 0.08% | 0.14% |
| The Indian Hotels Company Ltd. | 0.08% | 0.37% |
| Ashok Leyland Ltd. | 0.06% | 0.14% |
| Punjab National Bank | 0.05% | 0.06% |
| Bharat Heavy Electricals Ltd. | 0.08% | 0.05% |
| United Spirits Ltd. | 0.11% | 0.04% |
| Tata Power Company Ltd. | 0.08% | 0.03% |
| Asian Paints Ltd. | 0.03% | 0.04% |
| GSPL Transmission Ltd. | 0.04% | 0.03% |
| Jindal Steel Ltd. | 0.55% | 0.03% |
| Moneyview Ltd. A | 0.01% | 0.01% |
| Aurobindo Pharma Ltd. | 0.31% | 0.00% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 64.6% means 64.6% 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 |
|---|---|
| 7.18% Government of India (MD 14/08/2033) | 3.34% |
| 7.63% Mindspace Business Parks Reit (MD 26/09/2028) | 2.31% |
| 8.60% Manappuram Finance Ltd. (MD 24/03/2028) | 1.18% |
| 7.83% Bajaj Housing Finance Ltd. (MD 18/05/2029) | 1.17% |
| 7.94% Cholamandalam Investment & Finance Co. Ltd. (MD 20/03/2029) | 1.17% |
Largest holdings only in Mirae Asset Multi Asset Allocation Fund
| Security | % of fund |
|---|---|
| Mirae Asset Gold ETF | 11.74% |
| Mirae Asset Silver ETF | 1.59% |
| 7.47% Reliance Industries Ltd. (MD 16/09/2031) | 1.38% |
| 8.85% Indostar Capital Finance Ltd. (MD 22/05/2028) | 0.69% |
| 6.35% Larsen & Toubro Ltd. (MD 19/06/2028) | 0.68% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Mirae Asset Balanced Advantage | Mirae Asset Multi Asset Allocation |
|---|---|---|
| Equity | 66.2% | 66.4% |
| Debt | 29.4% | 16.6% |
| Cash and others | 4.5% | 17.0% |
Market cap of stocks
| Market cap | Mirae Asset Balanced Advantage | Mirae Asset Multi Asset Allocation |
|---|---|---|
| Large Cap | 46.6% | 44.6% |
| Mid Cap | 7.6% | 9.3% |
| Small Cap | 9.2% | 9.4% |
| Not on AMFI's list | 2.8% | 3.1% |
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 Multi Asset Allocation |
|---|---|---|
| Banks | 14.3% | 15.1% |
| Pharmaceuticals & Biotechnology | 6.1% | 4.9% |
| Automobiles | 4.0% | 3.4% |
| Consumer Durables | 2.8% | 3.6% |
| Petroleum Products | 3.3% | 3.0% |
| Finance | 2.3% | 3.1% |
| Telecom - Services | 2.8% | 2.4% |
The six largest sectors of each fund's stocks, % of the fund.
Mirae Asset Balanced Advantage vs Mirae Asset Multi Asset Allocation: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Mirae Asset Balanced Advantage Fund | Mirae Asset Multi Asset Allocation Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.99% | 0.65% |
| Base expense ratio (Direct) | 0.65% | 0.36% |
| Total expense ratio (Regular) | 2.29% | 2.15% |
| Base expense ratio (Regular) | 1.75% | 1.63% |
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.
More comparisons
Each fund against the others of its category
Compare Mirae Asset Balanced Advantage with
- Mirae Asset Balanced Advantage vs quant Dynamic Asset Allocation
- Mirae Asset Balanced Advantage vs Aditya Birla Sun Life Balanced Advantage
- Mirae Asset Balanced Advantage vs Baroda BNP Paribas Balanced Advantage
- Mirae Asset Balanced Advantage vs Axis Balanced Advantage
- Mirae Asset Balanced Advantage vs WhiteOak Capital Balanced Advantage
Compare Mirae Asset Multi Asset Allocation with
- Mirae Asset Multi Asset Allocation vs Quant Multi Asset Allocation
- Mirae Asset Multi Asset Allocation vs Nippon India Multi Asset Allocation
- Mirae Asset Multi Asset Allocation vs DSP Multi Asset Allocation
- Mirae Asset Multi Asset Allocation vs Kotak Multi Asset Allocation
- Mirae Asset Multi Asset Allocation vs WhiteOak Capital Multi Asset Allocation
Mirae Asset Balanced Advantage Fund vs Mirae Asset Multi Asset Allocation Fund: Frequently Asked Questions
What is the difference between Mirae Asset Balanced Advantage Fund and Mirae Asset Multi Asset Allocation Fund?
Mirae Asset Balanced Advantage Fund is a Balanced Advantage fund, Mirae Asset Multi Asset Allocation Fund is a Multi Asset fund, run by Mirae Asset Mutual Fund. Their portfolios overlap 64.6%. Mirae Asset Balanced Advantage Fund charges 0.99% a year and Mirae Asset Multi Asset Allocation Fund 0.65%.
Which has given higher returns, Mirae Asset Balanced Advantage Fund or Mirae Asset Multi Asset Allocation Fund?
Over 1 year: Mirae Asset Balanced Advantage Fund +0.72%, Mirae Asset Multi Asset Allocation Fund +4.13%. 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 Multi Asset Allocation Fund?
Mirae Asset Multi Asset Allocation Fund charges less: 0.65% 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 Multi Asset Allocation Fund overlap?
64.6%. They hold 111 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, SBIN. From each fund's latest monthly portfolio.
Which is riskier, Mirae Asset Balanced Advantage Fund or Mirae Asset Multi Asset Allocation Fund?
On SEBI's riskometer, Mirae Asset Balanced Advantage Fund is rated Very High and Mirae Asset Multi Asset Allocation Fund Very High. Over 1 years, the standard deviation of daily returns was 8.03% and 10.38% a year.
Can I invest in both Mirae Asset Balanced Advantage Fund and Mirae Asset Multi Asset Allocation Fund?
Yes. 64.6% 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 Multi Asset Allocation Fund?
Mirae Asset Balanced Advantage Fund: Harshad Borawake, Basant Bafna. Mirae Asset Multi Asset Allocation Fund: Harshad Borawake, Basant Bafna, Siddharth Srivastava, Ritesh Patel.
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.