Mirae Asset Mutual Fundimage

Mirae Asset Balanced Advantage Fund

HybridDynamic Asset Allocation/Balanced AdvantageGrowthIDCW-ReinvestmentIDCW

Fund Overview

NAV (20 Dec 24)

₹ 13.40

AUM (in Cr)

₹ 1774.80

1 Year CAGR

% 12.25

Risk Level 

Very High

Fund Performance

Name
1 Month%
3 Month%
6 Month%
1 Year%
3 Year%
5 Year%
Mirae Asset Balanced Advantage Fund
1.82
-1.47
3.47
12.25
0.00
0.00
Nifty 50 Hybrid Composite Debt 50:50 Index
1.19
-2.04
3.35
11.02
9.93
11.92
Dynamic Asset Allocation/Balanced Advantage
1.76
6.29
11.30
25.75
13.40
14.83

Note:  The Benchmark adopted by the AMC may be different from the one indicated above. Information available here is on the basis of internal data, publicly available information and other sources believed to be reliable, produced for information purpose only and should not be construed as investment advice to any party.

Scheme Information

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 and derivatives. However, there is no assurance or guarantee that the investment objective of the scheme will be realized.

Expense Ratio
% 2.07
Benchmark
Nifty 50 Hybrid Composite Debt 50:50 Index
AUM
₹ 1774.80
Inception Date
21 Jul 2022
Turnover Ratio
% 287.00
Exit Load
15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: Nil. Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: If redeemed within 1 year (365 days) from the date of allotment: 1% If redeemed after 1 year (365 days) from the date of allotment: NIL.
Asset Class
Hybrid
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Mirae Asset Mutual Fund

Total AUM

₹ 195148.32

No. of Schemes under this AMC

60

Phone

67800300

Email

customercare@miraeasset.com

Incorporation Date

11/30/2007

Address

Unit 606, 6th Floor, Windsor,, Off CST Road,, Kalina,

Mumbai - 400098

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Mirae Asset Mutual Fundimage

Mirae Asset Balanced Advantage Fund

HybridDynamic Asset Allocation/Balanced Advantage
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