Mirae Asset Balanced Advantage Fund
Mirae Asset Mutual Fund · Balanced Advantage · Direct plan, growth option
NAV (₹), 2 Oct 2026
15.1570
1-day change
-0.54%
1Y return
2.8%
3Y CAGR
9.6%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 12 Aug 2022 to 1 Oct 2026
Returns vs Balanced Advantage median (37 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -2.8% | -3.7% |
| 3 months | -1.3% | -2.4% |
| 6 months | 4.7% | 4.5% |
| Year to date | -0.8% | -2.4% |
| 1 year | 2.8% | 0.4% |
| 3 years (CAGR) | 9.6% | 8.8% |
| 5 years (CAGR) | n/a | 8.4% |
| 7 years (CAGR) | n/a | 10.7% |
| 10 years (CAGR) | n/a | 9.7% |
| Since first NAV (CAGR) | 10.5% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 11.2% | 9.0% |
| 3Y rolling median | 13.4% | 12.6% |
| 3Y rolling worst | 9.6% | 6.7% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 11.7% |
| 5Y rolling worst | n/a | 4.0% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 8.2% | 9.2% |
| Sharpe ratio | 0.43 | 0.35 |
| Sortino ratio | 0.63 | 0.50 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −7.5% | −15.3% |
| Maximum drawdown, last 10Y | n/a | −25.9% |
| Maximum drawdown, last 5Y | n/a | −9.9% |
| Current drawdown | −3.3% | −5.2% |
| Recovery time of worst fall | 73 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.98% | 1.13% |
| AUM, whole scheme (₹ crore) | n/a | n/a |
| Riskometer | n/a | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Month-ends above category median (3Y CAGR) | 100% | 44% median |
| Month-ends in category top quartile (3Y) | 7% | 16% median |
Category consistency: last 10 years of month-ends, Balanced Advantage Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -0.8% | n/a | – |
| 2025 | 10.1% | n/a | – |
| 2024 | 12.7% | n/a | – |
| 2023 | 19.9% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 2 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,20,114 | 0.2% |
| 3 years | ₹3,60,000 | ₹3,92,779 | 5.7% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Balanced Advantage
Plan / option: Direct · Growth
AMFI scheme code: 150470
ISIN: INF769K01IN6
First NAV in MFIC data: 12 Aug 2022
History: 4.1 years
Expense ratio, AUM, portfolio: see the scheme's factsheet
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Mirae Asset Equity Savings Fund | Equity Savings | 1.00 | 9.6% |
| Mirae Asset Aggressive Hybrid Fund | Aggressive Hybrid | 0.99 | 10.3% |
| Canara Robeco Balanced Advantage Fund | Balanced Advantage | 0.99 | n/a |
| Canara Robeco Aggressive Hybrid Fund | Aggressive Hybrid | 0.98 | 9.8% |
| Aditya Birla Sun Life Balanced Advantage Fund | Balanced Advantage | 0.98 | 10.9% |
| UTI Aggressive Hybrid Fund | Aggressive Hybrid | 0.98 | 9.5% |
Questions about Mirae Asset Balanced Advantage Fund
- What is the latest NAV of Mirae Asset Balanced Advantage Fund?
- The NAV of the Direct plan (growth option) was ₹15.1570 on 2 Oct 2026, as published by AMFI.
- Which category is Mirae Asset Balanced Advantage Fund in?
- It is classified as Balanced Advantage in AMFI's daily NAV file; a Balanced Advantage scheme changes its equity and debt mix dynamically. MFIC compares it with 37 Balanced Advantage schemes (Direct plans).
- What returns has Mirae Asset Balanced Advantage Fund delivered?
- Over one year the NAV changed by 2.8%. The 3-year CAGR is 9.6% (category median 8.8%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 13.4%, the lowest was 9.6%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Mirae Asset Balanced Advantage Fund's NAV?
- The largest peak-to-trough fall in its available history was 7.5%.
- How volatile is Mirae Asset Balanced Advantage Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 8.2%, which is below the Balanced Advantage category median of 9.2%.
- What would a monthly SIP in Mirae Asset Balanced Advantage Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹3,92,779 on 2 Oct 2026, an annualised return (XIRR) of 5.7%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Mirae Asset Balanced Advantage Fund?
- The total expense ratio of the Direct plan is 0.98% a year, as disclosed to AMFI (median of Balanced Advantage Direct plans: 1.13%). It is already deducted from the NAV, so every return shown is after expenses.
- How often has Mirae Asset Balanced Advantage Fund beaten its category?
- At 100% of the 14 month-ends compared over the last 10 years, its 3-year return was above the median of Balanced Advantage schemes (Direct plans); it was in the top quarter at 7% of them. A typical scheme would show about 50%.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 2.8% and the Regular plan's by 1.4%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 2 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.