Mirae Asset Balanced Advantage Fund

Balanced AdvantageDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Mirae Asset Balanced Advantage Fund is a Balanced Advantage fund run by Mirae Asset Mutual Fund. On 30-09-2026, it managed ₹2,109 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 10.1% a year and its Regular plan returned 8.6% a year. Its benchmark, NIFTY 50 Hybrid Composite Debt 50:50 Index, returned 6.0% a year over the same 3 years.

NAV (Direct plan): ₹15.20; ▼ 0.05%30-10-2026
NAV (Regular plan): ₹14.34; ▼ 0.06%30-10-2026
Expense ratio: 0.99%Direct2.29%Regular; 0.99%; A year
Riskometer: Very High; Set by the fund house
3 year return: 10.1%Direct8.6%Regular; 10.1%; A year

Mirae Asset Balanced Advantage Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹15.20 (down 0.05% that day); Regular Plan Growth ₹14.34 (down 0.06% that day).

This fund (Direct plan)

₹15.203

Mirae Asset Balanced Advantage Fund Returns vs NIFTY 50 Hybrid Composite Debt 50:50 Index

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−0.24%	−1.80%	+0.68%	+0.72%	+10.13%	--	--
This fund (Regular)	−0.35%	−2.12%	+0.01%	−0.61%	+8.63%	--	--
NIFTY 50 Hybrid Composite Debt 50:50 Index	−3.31%	−3.02%	+1.93%	−2.65%	+6.05%	+5.96%	--
Balanced Advantage average	−0.55%	−2.88%	+0.08%	−2.08%	+9.14%	--	--
Best in Balanced Advantage	+1.54%	+1.98%	+8.19%	+8.40%	+12.82%	--	--
Worst in Balanced Advantage	−3.94%	−6.19%	−4.43%	−6.88%	+2.71%	--	--
Rank in Balanced Advantage	16/37	6/37	12/37	4/36	11/30	--	--

Category rows compare the Direct plans of 38 Balanced Advantage funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.

Mirae Asset Balanced Advantage Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	−0.48%	−1.59%
2025	+10.10%	+8.61%
2024	+12.72%	+11.15%
2023	+19.85%	+18.17%

Mirae Asset Balanced Advantage Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 298 periods, one for each trading day from 12-08-2025 to 30-10-2026.

0%5%10%15%

Sept 2022
to
Sept 2025Dec 2022
to
Dec 2025Feb 2023
to
Feb 2026Apr 2023
to
Apr 2026Jul 2023
to
Jul 2026Sept 2023
to
Sept 2026

Mirae Asset Balanced Advantage Fund (Direct)Category average, 38 Balanced Advantage funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	789	11.0%	−0.7%	26.4%	0%	8.9%	66%
2 years	547	13.8%	3.2%	20.4%	0%	13.8%	62%
3 years	298	13.4%	9.4%	15.0%	0%	12.4%	100%

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	39	12.4%	−4.2%	26.1%	5%	9.9%	67%
2 years	27	10.3%	2.2%	22.6%	0%	9.1%	74%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 38 Balanced Advantage funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

Mirae Asset Balanced Advantage Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Mirae Asset Balanced Advantage Fund (Direct)This fund	Category average
Return (CAGR)	+0.72%	−2.10%
Standard deviation	8.03%	8.39%
Sharpe ratio	-0.56	-0.88
Sortino ratio	-0.76	-1.17
Maximum drawdown	−7.1% (30-03-2026)	−8.3% (30-03-2026)

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.

Measure	Mirae Asset Balanced Advantage Fund (Direct)This fund	Category average
Return (CAGR)	+10.13%	+9.05%
Standard deviation	7.56%	7.94%
Sharpe ratio	0.54	0.38
Sortino ratio	0.75	0.51
Maximum drawdown	−7.5% (28-02-2025)	−9.4% (28-02-2025)

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.

Measure	Mirae Asset Balanced Advantage Fund (Direct)This fund	Category average
Return (CAGR)	+10.40%	+9.41%
Standard deviation	7.00%	7.40%
Sharpe ratio	0.61	0.44
Sortino ratio	0.84	0.60
Maximum drawdown	−7.5% (28-02-2025)	−9.4% (28-02-2025)

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.

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.

−10%−8%−6%−4%−2%0%

2023202420252026

Mirae Asset Balanced Advantage Fund (Direct)Category average, 38 Balanced Advantage funds

	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%
Category average	−9.4%	26-09-2024	28-02-2025	26-06-2025	4 months	−4.2%

From the Direct plan's daily NAV since 12-08-2022, adjusted for unit splits, and the average of the 38 Balanced Advantage funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Mirae Asset Balanced Advantage Fund vs Other Balanced Advantage Funds

The five Balanced Advantage funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
quant Dynamic Asset Allocation Fund	1/30	810	1.55%	−5.79%	+12.82%	--	--	0.49	0.67	Compare
Aditya Birla Sun Life Balanced Advantage Fund	2/30	9,836	0.89%	+2.18%	+11.60%	--	--	0.67	0.94	Compare
Baroda BNP Paribas Balanced Advantage Fund	3/30	5,162	0.92%	−0.62%	+11.52%	--	--	0.52	0.70	Compare
Axis Balanced Advantage Fund	4/30	3,651	1.00%	−1.41%	+11.50%	--	--	0.68	0.95	Compare
WhiteOak Capital Balanced Advantage Fund	5/30	2,256	0.84%	−0.57%	+11.37%	--	--	0.64	0.88	Compare
Mirae Asset Balanced Advantage Fund	11/30	2,109	0.99%	+0.72%	+10.13%	--	--	0.54	0.75

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Mirae Asset Balanced Advantage Fund Expense Ratio and Costs

What each plan charges a year, in force from 23-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Balanced Advantage median	Cost rank (1 = cheapest)
Direct	0.65%	0.05%	0.01%	0.28%	0.99%	1.04%	17/38
Regular	1.75%	0.05%	0.01%	0.48%	2.29%	2.30%	19/38

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Balanced Advantage funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−0.61%	0.72%	1.33%	₹99,390	₹1,00,720
3 years	8.63%	10.13%	1.50% a year	₹1,28,189	₹1,33,572

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Mirae Asset Balanced Advantage Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹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
Direct planMirae Asset Balanced Advantage Fund (Direct)	₹5,10,000	₹6,08,068	₹98,068	8.2%
Regular planMirae Asset Balanced Advantage Fund (Regular)	₹5,10,000	₹5,88,997	₹78,997	6.7%
Category averageCategory average, 38 Balanced Advantage funds	₹5,10,000	₹5,88,011	₹78,011	6.7%

₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L

2023202420252026

Direct planMirae Asset Balanced Advantage Fund (Direct)Regular planMirae Asset Balanced Advantage Fund (Regular)Category averageCategory average, 38 Balanced Advantage fundsAmount invested

From each plan's published NAV (Growth option) and the category average, 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 Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

66.2%Equity

Asset	Fund	Category
Equity	66.2%	69.0%
Debt	29.4%	23.0%
Cash and others	4.5%	7.9%

Market cap of stocks

Market cap	Fund	Category
Large Cap	46.6%	47.4%
Mid Cap	7.6%	11.6%
Small Cap	9.2%	8.8%
Not on AMFI's list	2.8%	1.4%

Share of the whole fund. Category: the average of the Balanced Advantage funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 37 Balanced Advantage funds.

Rating	Fund	Category
Sovereign	9.5%	7.4%
AAA and A1+	12.6%	11.3%
AA	7.3%	3.3%

Mirae Asset Balanced Advantage Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Banks14.3%
Pharmaceuticals & Biotechnology6.1%
Automobiles4.0%
Petroleum Products3.3%
Consumer Durables2.8%
Telecom - Services2.8%
Capital Markets2.6%
Ferrous Metals2.5%
Retailing2.4%
Finance2.3%

The ten largest of 36 sectors. The other 26 add up to 23.0%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Banks	15.0%	14.9%	14.3%	−0.7%
Pharmaceuticals & Biotechnology	5.8%	6.1%	6.1%	+0.3%
Automobiles	5.3%	4.7%	4.0%	−1.3%
Petroleum Products	3.4%	3.4%	3.3%	−0.1%
Consumer Durables	2.9%	3.2%	2.8%	−0.1%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

Mirae Asset Balanced Advantage Fund Portfolio Holdings

As on 30-09-2026 · 133 holdings · from the fund house's monthly portfolio

Holdings	Sector / Rating	Weight%	1M change
HDFC Bank Ltd.	Banks	4.70%	0.0%
ICICI Bank Ltd.	Banks	3.52%	0.0%
7.18% Government of India (MD 14/08/2033) · Government security	Sovereign	3.34%
Bharti Airtel Ltd.	Telecom - Services	2.82%	0.0%
Reliance Industries Ltd.	Petroleum Products	2.72%	0.0%
State Bank of India	Banks	2.64%	0.0%
7.60% Torrent Pharmaceuticals Ltd. (MD 19/01/2029) · Bond	[ICRA]AA+	2.34%
7.53% Bajaj Housing Finance Ltd. (MD 28/09/2029) · Bond	CRISIL AAA	2.33%
7.63% Mindspace Business Parks Reit (MD 26/09/2028) · Bond	[ICRA]AAA	2.31%
Axis Bank Ltd.	Banks	1.74%	+10.5%
7.10% Government of India (MD 08/04/2034) · Government security	Sovereign	1.63%
Mahindra & Mahindra Ltd.	Automobiles	1.52%	0.0%
6.79% Government of India (MD 07/10/2034) · Government security	Sovereign	1.52%
Tata Steel Ltd.	Ferrous Metals	1.44%	0.0%
SBI Life Insurance Co. Ltd.	Insurance	1.39%	0.0%
Laurus Labs Ltd.	Pharmaceuticals & Biotechnology	1.24%	0.0%
TD Power Systems Ltd.	Electrical Equipment	1.20%	0.0%
8.20% Tata Capital Housing Finance Ltd. (MD 25/09/2029) · Bond	CRISIL AAA	1.19%
8.60% Manappuram Finance Ltd. (MD 24/03/2028) · Bond	CRISIL AA	1.18%
Shriram Finance Ltd.	Finance	1.17%	−5.3%
7.83% Bajaj Housing Finance Ltd. (MD 18/05/2029) · Bond	CRISIL AAA	1.17%
7.94% Cholamandalam Investment & Finance Co. Ltd. (MD 20/03/2029) · Bond	[ICRA]AA+	1.17%
7.77% Bajaj Finance Ltd. (MD 17/04/2029) · Bond	CRISIL AAA	1.17%
7.45% ICICI Securities Ltd. (MD 24/11/2028) · Bond	CRISIL AAA	1.17%
7.01% National Bank for Agriculture and Rural Development (MD 16/03/2029) · Bond	CRISIL AAA	1.16%
7.88% Muthoot Finance Ltd. (MD 22/11/2028) · Bond	CRISIL AA+	1.16%
6.54% Government of India (MD 17/01/2032) · Government security	Sovereign	1.16%
Kotak Mahindra Bank Ltd.	Banks	1.12%	−16.1%
Larsen & Toubro Ltd.	Construction	1.11%	0.0%
7.15% State Government of Haryana (MD 30/07/2040) · State government security	Sovereign	1.11%
Sundaram Finance Ltd. (MD 15/09/2027) · Commercial paper	CRISIL A1+	1.10%
Eternal Ltd.	Retailing	1.06%	0.0%
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals & Biotechnology	1.05%	0.0%
Titan Company Ltd.	Consumer Durables	1.02%	0.0%
Maruti Suzuki India Ltd.	Automobiles	0.98%	0.0%
Adani Ports and Special Economic Zone Ltd.	Transport Infrastructure	0.95%	0.0%
TVS Motor Company Ltd.	Automobiles	0.95%	0.0%
7.45% Torrent Pharmaceuticals Ltd. (MD 19/01/2028) · Bond	[ICRA]AA+	0.94%
Bajaj Finance Ltd.	Finance	0.94%	−10.8%
Hindalco Industries Ltd.	Non - Ferrous Metals	0.89%	0.0%
Multi Commodity Exchange of India Ltd.	Capital Markets	0.89%	0.0%
Divi's Laboratories Ltd.	Pharmaceuticals & Biotechnology	0.86%	0.0%
Infosys Ltd.	IT - Software	0.77%	0.0%
Craftsman Automation Ltd.	Auto Components	0.77%	0.0%
Tata Consultancy Services Ltd.	IT - Software	0.76%	0.0%
Ambuja Cements Ltd.	Cement & Cement Products	0.74%	0.0%
Sona Blw Precision Forgings Ltd.	Auto Components	0.71%	0.0%
LG Electronics India Ltd.	Consumer Durables	0.70%	−13.6%
NTPC Ltd.	Power	0.67%	−44.3%
Avenue Supermarts Ltd.	Retailing	0.67%	0.0%
Bharat Electronics Ltd.	Aerospace & Defense	0.66%	0.0%
Vedanta Aluminium Metal Ltd.	Non - Ferrous Metals	0.61%	0.0%
Varun Beverages Ltd.	Beverages	0.58%	0.0%
Kfin Technologies Ltd.	Capital Markets	0.56%	0.0%
Bharat Petroleum Corporation Ltd.	Petroleum Products	0.56%	0.0%
Jindal Steel Ltd.	Ferrous Metals	0.55%	0.0%
Central Depository Services (I) Ltd.	Capital Markets	0.54%	0.0%
Schaeffler India Ltd.	Auto Components	0.54%	0.0%
JSW Steel Ltd.	Ferrous Metals	0.53%	0.0%
Pine Labs Ltd.	Financial Technology (Fintech)	0.53%	0.0%
Onesource Specialty Pharma Ltd.	Pharmaceuticals & Biotechnology	0.53%	0.0%
7.26% Government of India (MD 06/02/2033) · Government security	Sovereign	0.48%
Krishna Institute of Medical Sciences Ltd.	Healthcare Services	0.48%	0.0%
8.65% Muthoot Finance Ltd. (MD 31/01/2028) · Bond	CRISIL AA+	0.47%
7.51% Small Industries Development Bank of India (MD 12/06/2028) · Bond	CRISIL AAA	0.47%
JSW Energy Ltd.	Power	0.46%	+12.5%
ITC Ltd.	Diversified FMCG	0.46%	0.0%
Dr. Reddy's Laboratories Ltd.	Pharmaceuticals & Biotechnology	0.45%	+29.2%
Century Plyboards (India) Ltd.	Consumer Durables	0.45%	0.0%
Kusumgar Ltd.	Textiles & Apparels	0.44%	0.0%
Sai Life Sciences Ltd.	Pharmaceuticals & Biotechnology	0.44%	−19.9%
Kirloskar Oil Engines Ltd.	Industrial Products	0.42%	+4913.2%
BlackBuck Ltd.	Transport Services	0.42%	0.0%
Meesho Ltd.	Retailing	0.42%	New
Foseco India Ltd.	Chemicals & Petrochemicals	0.42%	0.0%
Dr. Lal Path labs Ltd.	Healthcare Services	0.41%	0.0%
Leela Palaces Hotels & Resorts Ltd.	Leisure Services	0.38%	0.0%
7.56% India Infrastructure Finance Company Ltd. (MD 20/03/2028) · Bond	IND AAA	0.38%
Godrej Consumer Products Ltd.	Personal Products	0.38%	0.0%
Symbiotec Pharmalab Ltd	Pharmaceuticals & Biotechnology	0.36%	+1150.8%
Torrent Pharmaceuticals Ltd.	Pharmaceuticals & Biotechnology	0.36%	0.0%
Adani Enterprises Ltd.	Metals & Minerals Trading	0.36%	0.0%
Tata Motors Passenger Vehicles Ltd.	Automobiles	0.35%	0.0%
Milky Mist Dairy Food Ltd.	Food Products	0.34%	−42.9%
Oil & Natural Gas Corporation Ltd.	Oil	0.34%	0.0%
Apollo Hospitals Enterprise Ltd.	Healthcare Services	0.31%	+19.1%
JK Cement Ltd.	Cement & Cement Products	0.31%	0.0%
Aurobindo Pharma Ltd.	Pharmaceuticals & Biotechnology	0.31%	0.0%
International Gemological Institute Ltd.	Commercial Services & Supplies	0.30%	0.0%
Eris Lifesciences Ltd.	Pharmaceuticals & Biotechnology	0.29%	0.0%
Vishal Mega Mart Ltd.	Retailing	0.28%	0.0%
Campus Activewear Ltd.	Consumer Durables	0.28%	0.0%
Canara Bank	Banks	0.28%	0.0%
Ultratech Cement Ltd.	Cement & Cement Products	0.26%	0.0%
Tech Mahindra Ltd.	IT - Software	0.25%	0.0%
Mphasis Ltd.	IT - Software	0.25%	0.0%
CARE Ratings Ltd.	Capital Markets	0.24%	0.0%
Deepak Nitrite Ltd.	Chemicals & Petrochemicals	0.24%	0.0%
Zensar Technologies Ltd.	IT - Software	0.24%	0.0%
Shiprocket Ltd.	Transport Services	0.23%	0.0%
Siemens Energy India Ltd.	Electrical Equipment	0.23%	New
7.34% Government of India (MD 22/04/2064) · Government security	Sovereign	0.23%
Glenmark Pharmaceuticals Ltd.	Pharmaceuticals & Biotechnology	0.22%	−47.8%
GO Digit General Insurance Ltd.	Insurance	0.21%	0.0%
Power Finance Corporation Ltd.	Finance	0.20%	0.0%
Neogen Chemicals Ltd.	Chemicals & Petrochemicals	0.20%	New
JSW Infrastructure Ltd.	Transport Infrastructure	0.19%	−34.3%
7.64% National Bank for Agriculture and Rural Development (MD 06/12/2029) · Bond	[ICRA]AAA	0.19%
BSE Ltd.	Capital Markets	0.18%	New
Eicher Motors Ltd.	Automobiles	0.18%	−69.3%
Crompton Greaves Consumer Electricals Ltd.	Consumer Durables	0.18%	0.0%
Greenply Industries Ltd.	Consumer Durables	0.17%	0.0%
Gujarat Energy Ltd.	Gas	0.17%	0.0%
Interglobe Aviation Ltd.	Transport Services	0.17%	0.0%
HDFC Life Insurance Company Ltd.	Insurance	0.17%	0.0%
HDFC Asset Management Co. Ltd.	Capital Markets	0.16%	0.0%
Kanohar Electricals Ltd.	Electrical Equipment	0.15%	New
Turtlemint Fintech Solutions Ltd.	Financial Technology (Fintech)	0.15%	+15.1%
The Federal Bank Ltd.	Banks	0.14%	−56.8%
Atul Ltd.	Chemicals & Petrochemicals	0.13%	−51.7%
Nestle India Ltd.	Food Products	0.13%	0.0%
United Spirits Ltd.	Beverages	0.11%	0.0%
Tata Power Company Ltd.	Power	0.08%	0.0%
Bank of Baroda	Banks	0.08%	0.0%
The Indian Hotels Company Ltd.	Leisure Services	0.08%	0.0%
Bharat Heavy Electricals Ltd.	Electrical Equipment	0.08%	0.0%
Prince Pipes and Fittings Ltd.	Industrial Products	0.08%	0.0%
Ashok Leyland Ltd.	Agricultural, Commercial & Construction Vehicles	0.06%	−40.7%
Punjab National Bank	Banks	0.05%	0.0%
Cipla Ltd.	Pharmaceuticals & Biotechnology	0.04%	−78.7%
GSPL Transmission Ltd.	Gas	0.04%	0.0%
Asian Paints Ltd.	Consumer Durables	0.03%	−75.6%
Moneyview Ltd. A	Financial Technology (Fintech)	0.01%	New

Mirae Asset Balanced Advantage Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Axis Bank Ltd.	Added	+10.5%	1.74%
Shriram Finance Ltd.	Reduced	−5.3%	1.17%
Kotak Mahindra Bank Ltd.	Reduced	−16.1%	1.12%
NTPC Ltd.	Reduced	−44.3%	0.67%
Bajaj Finance Ltd.	Reduced	−10.8%	0.94%
LG Electronics India Ltd.	Reduced	−13.6%	0.70%
Eicher Motors Ltd.	Reduced	−69.3%	0.18%
Sai Life Sciences Ltd.	Reduced	−19.9%	0.44%
JSW Energy Ltd.	Added	+12.5%	0.46%
Dr. Reddy's Laboratories Ltd.	Added	+29.2%	0.45%
Glenmark Pharmaceuticals Ltd.	Reduced	−47.8%	0.22%
Kirloskar Oil Engines Ltd.	Added	+4913.2%	0.42%
Meesho Ltd.	New	New	0.42%
ABB India Ltd.	Sold out	−100%	was 0.39%
Milky Mist Dairy Food Ltd.	Reduced	−42.9%	0.34%
Symbiotec Pharmalab Ltd	Added	+1150.8%	0.36%
The Federal Bank Ltd.	Reduced	−56.8%	0.14%
Life Insurance Corporation of India	Sold out	−100%	was 0.36%
Apollo Hospitals Enterprise Ltd.	Added	+19.1%	0.31%
Atul Ltd.	Reduced	−51.7%	0.13%
JSW Infrastructure Ltd.	Reduced	−34.3%	0.19%
Turtlemint Fintech Solutions Ltd.	Added	+15.1%	0.15%
Siemens Energy India Ltd.	New	New	0.23%
Cipla Ltd.	Reduced	−78.7%	0.04%
Neogen Chemicals Ltd.	New	New	0.20%
BSE Ltd.	New	New	0.18%
Kanohar Electricals Ltd.	New	New	0.15%
Asian Paints Ltd.	Reduced	−75.6%	0.03%
Ashok Leyland Ltd.	Reduced	−40.7%	0.06%
Moneyview Ltd. A	New	New	0.01%
IndusInd Bank Ltd.	Sold out	−100%	was 0.00%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What Mirae Asset Balanced Advantage Fund bought and sold

Mirae Asset Balanced Advantage Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Mirae Asset Multi Asset Allocation FundMulti Asset · Mirae Asset	64.6%	111	Compare
Mirae Asset Aggressive Hybrid FundAggressive Hybrid · Mirae Asset	64.4%	95	Compare
Mirae Asset Equity Savings FundEquity Savings · Mirae Asset	61.1%	115	Compare
Groww NIFTY 200 ETFETF · Groww	45.4%	70	Compare
Aditya Birla Sun Life Msci India ETFETF · Aditya Birla Sun Life	45.0%	67	Compare
DSP MSCI India ETFETF · DSP	45.0%	67	Compare
Kotak MSCI India ETFETF · Kotak Mahindra	45.0%	67	Compare
ICICI Prudential BSE 500 ETFETF · ICICI Prudential	44.8%	91	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Mirae Asset Balanced Advantage Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.99%
Expense ratio (Regular): 2.29%
Category: Balanced Advantage
Risk: Very High
Launch date: 11-08-2022
Minimum investment: ₹5,000
Minimum additional investment: ₹1,000
AUM: ₹2,109.29 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 150470
ISIN (Direct): INF769K01IN6
Scheme code (Regular): 150473
ISIN (Regular): INF769K01IK2
NAV history: From 12-08-2022, 4.2 years

Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index
Exit load: Exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days.

Tax on Mirae Asset Balanced Advantage Fund returns

How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹15.203	30-10-2026
direct	IDCW	₹13.997	30-10-2026
regular	Growth	₹14.337	30-10-2026
regular	IDCW	₹13.209	30-10-2026

About Mirae Asset Balanced Advantage Fund

Mirae Asset Balanced Advantage Fund is a mutual fund from Mirae Asset Mutual Fund. Its category is Balanced Advantage. It was launched on 11-08-2022. Its benchmark is NIFTY 50 Hybrid Composite Debt 50:50 Index. At the end of September 2026 it held 133 securities.

Fund Manager

Harshad Borawake
Fund manager of Mirae Asset Balanced Advantage Fund, since 11-08-2022
Basant Bafna
Fund manager of Mirae Asset Balanced Advantage Fund, since 27-12-2025

See all funds of Mirae Asset Mutual Fund

AUM change

September 2026: ₹2,109.29 Cr; −2.76% from August 2026
August 2026: ₹2,169.20 Cr; +0.11% from July 2026
July 2026: ₹2,166.78 Cr; +1.78% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Mirae Asset Balanced Advantage Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Mirae Asset Balanced Advantage vs quant Dynamic Asset AllocationBalanced Advantage
Mirae Asset Balanced Advantage vs Aditya Birla Sun Life Balanced AdvantageBalanced Advantage
Mirae Asset Balanced Advantage vs Baroda BNP Paribas Balanced AdvantageBalanced Advantage
Mirae Asset Balanced Advantage vs Axis Balanced AdvantageBalanced Advantage
Mirae Asset Balanced Advantage vs WhiteOak Capital Balanced AdvantageBalanced Advantage
Mirae Asset Balanced Advantage vs Mirae Asset Multi Asset Allocation64.6% overlap
Mirae Asset Balanced Advantage vs Mirae Asset Aggressive Hybrid64.4% overlap
Mirae Asset Balanced Advantage vs Mirae Asset Equity Savings61.1% overlap

Compare with any other fund

Frequently Asked Questions for Mirae Asset Balanced Advantage Fund

What is the current NAV of Mirae Asset Balanced Advantage Fund?

The Direct plan NAV is ₹15.203. The Regular plan NAV is ₹14.337, as on 30-10-2026.

What are the returns of Mirae Asset Balanced Advantage Fund?

The Direct plan returned +0.72% in 1 year, +10.13% a year over 3 years. The Regular plan returned −0.61% in 1 year, +8.63% a year over 3 years. These figures are as on 30-10-2026.

What is the expense ratio of Mirae Asset Balanced Advantage Fund?

The Direct plan charges 0.99% a year. The Regular plan charges 2.29% a year. This is the figure the fund house reported to AMFI, in force from 23-10-2026.

What is the AUM of Mirae Asset Balanced Advantage Fund?

Mirae Asset Balanced Advantage Fund managed ₹2,109.29 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Mirae Asset Balanced Advantage Fund?

At the end of September 2026 the largest holdings were HDFCBANK (4.70%), ICICIBANK (3.52%), 7.18% Government of India (MD 14/08/2033) (3.34%), BHARTIARTL (2.82%), RELIANCE (2.72%). The fund held 133 securities in all.

What did Mirae Asset Balanced Advantage Fund buy and sell in September 2026?

It bought 6 new stocks: Moneyview Ltd. A, Meesho Ltd, BSE Ltd, Neogen Chemicals Ltd, Siemens Energy India Ltd. It sold out of 3: IndusInd Bank Ltd, Life Insurance Corporation of India, ABB India Ltd. It added shares in 7. It reduced 15.

How do I invest in Mirae Asset Balanced Advantage Fund?

Through Mirae Asset Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.

Who is the fund manager of Mirae Asset Balanced Advantage Fund?

Harshad Borawake (since 11-08-2022), Basant Bafna (since 27-12-2025).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

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.