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Fund Overview of Mirae Asset Balanced Advantage Fund Direct-idcw
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₹2,081.6 CrAUM
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₹14.08NAV
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0.91%Expense Ratio
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HybridFund Category
Minimum amount you can invest: ₹500
Maximum amount you can invest: ₹1,00,000
We have used a return rate of 15% for our calculations.
Returns of Mirae Asset Balanced Advantage Fund Direct-idcw
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 3.66% | NA | 2.03% |
| 6 Months | 1.16% | NA | 8.29% |
| 1 Year | 4.91% | 4.91% | 2.86% |
| 2 Years | 14.29% | 6.91% | 14.51% |
| 3 Years | 40.42% | 11.98% | 13.46% |
Dividends are declared by the fund house based on the income generated from the underlying assets. While many mutual funds distribute dividends annually, the payout frequency ultimately depends on the fund house’s decision
Compare Mirae Asset Balanced Advantage Fund Direct-idcw with other mutual funds in the same category
Mirae Asset Balanced Advantage Fund Direct-idcw
HDFC Balanced Advantage Fund Direct-growth
HDFC Balanced Advantage Fund Direct-idcw
Asset Allocation
equities
53.95%debt instruments
27.31%other assets or cash equivalents
18.74%Mirae Asset Balanced Advantage Fund Direct-idcw is one Hybrid mutual fund offered by Mirae Asset Mutual Fund. Launched on 11 Aug 2022, the fund aims To generate long- term capital appreciation/income. Investment in equity, equity related securities & debt, money market intruments while managing risk through active allocation. It manages assets worth ₹2,081.6 crore as on Sun May 31, 2026. The expense ratio stands at 0.91%. Fund Manager Manager Education Fund Manager Manager EducationAbout Mirae Asset Balanced Advantage Fund Direct-idcw
The portfolio allocation consists of 53.95% in equities, 27.31% in debt instruments, 18.74% in other assets or cash equivalents.Managed by Harshad Borawake, it has delivered a return of 4.91% in the last year, a total return since inception of 11.65%.
The latest dividend was declared on 13 Feb 2026 at 12.00% of face value.
While exploring long-term investments individuals generally consider which sip is best depending on performance consistency.
Key Metrics of Mirae Asset Balanced Advantage Fund Direct-idcw
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Standard Deviation8.21%
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Sharpe Ratio0.70%
Fund Details
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Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
HDFC Balanced Advantage Fund Direct-growth  |
₹104,016 | 2.52% | 3.44% | 1.30% | 15.09% | 15.72% |
| HDFC Balanced Advantage Fund Direct-idcw |
₹104,016 | 2.52% | 3.44% | 1.30% | 15.09% | 15.72% |
| HDFC Balanced Advantage Fund Regular-growth |
₹104,016 | 2.48% | 3.30% | 0.71% | 14.40% | 15.01% |
| HDFC Balanced Advantage Fund Regular-idcw |
₹104,016 | 2.48% | 3.30% | 0.71% | 14.40% | 15.01% |
| Baroda Bnp Paribas Balanced Advantage Fund Direct-growth |
₹4,871 | 1.85% | 7.19% | 6.59% | 13.97% | 12.80% |
| Baroda Bnp Paribas Balanced Advantage Fund Direct-idcw |
₹4,871 | 1.85% | 7.19% | 6.59% | 13.97% | 12.80% |
| Aditya Birla Sun Life Dynamic Asset Allocation Omni Fof Direct-growth |
₹233 | 2.08% | 5.48% | 3.51% | 14.63% | 12.75% |
| Aditya Birla Sun Life Dynamic Asset Allocation Omni Fof Direct-idcw Half Yearly |
₹233 | 2.08% | 5.48% | 3.51% | 14.63% | 12.75% |
| Franklin India Dynamic Asset Allocation Active Fof Direct-growth |
₹1,224 | 1.80% | 3.70% | 1.05% | 11.81% | 12.58% |
| Franklin India Dynamic Asset Allocation Active Fof Direct-idcw |
₹1,224 | 1.80% | 3.70% | 1.05% | 11.81% | 12.58% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More funds from Mirae Asset Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
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Mirae Asset Balanced Advantage Fund Regular-growth
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₹2,082 | 1.42% | 3.31% | 0.49% | 3.52% | 10.45% |
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Mirae Asset Balanced Advantage Fund Direct-growth
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₹2,082 | 1.54% | 3.66% | 1.16% | 4.91% | 11.98% |
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Mirae Asset Balanced Advantage Fund Regular-idcw
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₹2,082 | 1.42% | 3.31% | 0.49% | 3.52% | 10.45% |
growth is based on 1-month returns of the fundsMutual Fund Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund Regular-growth |
₹104,016 | ₹519.48 | 14.40% | 15.01% | 13.94% |
| HDFC Balanced Advantage Fund Direct-growth |
₹104,016 | ₹564.46 | 15.09% | 15.72% | 14.80% |
| HDFC Balanced Advantage Fund Direct-idcw |
₹104,016 | ₹43.34 | 15.09% | 15.72% | 14.80% |
| HDFC Balanced Advantage Fund Regular-idcw |
₹104,016 | ₹36.53 | 14.40% | 15.01% | 13.94% |
| ICICI Prudential Balanced Advantage-growth |
₹70,570 | ₹77.15 | 11.76% | 10.82% | 11.05% |
| ICICI Prudential Balanced Advantage Direct-growth |
₹70,570 | ₹86.51 | 12.42% | 11.50% | 11.91% |
| ICICI Prudential Balanced Advantage Direct-idcw |
₹70,570 | ₹29.37 | 12.42% | 11.50% | 11.91% |
| ICICI Prudential Balanced Advantage-idcw |
₹70,570 | ₹18.01 | 11.76% | 10.82% | 11.05% |
| SBI Balanced Advantage Fund Direct-growth |
₹40,673 | ₹16.54 | 11.92% | - | - |
| SBI Balanced Advantage Fund Regular-growth |
₹40,673 | ₹15.80 | 10.95% | - | - |
Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Cash Margin | Unspecified | 13.35% | ₹277.83 Cr |
| Repo | Unspecified | 5.34% | ₹111.20 Cr |
| Hdfc Bank Ltd | Financial | 5.00% | ₹104.04 Cr |
| Goi Sec 7.18 14/08/2033 | Entities | 3.41% | ₹70.88 Cr |
| Icici Bank Ltd | Financial | 3.39% | ₹70.63 Cr |
| Bharti Airtel Ltd | Technology | 2.98% | ₹61.98 Cr |
| State Bank Of India | Financial | 2.69% | ₹55.96 Cr |
| Reliance Industries Ltd | Energy & Utilities | 2.61% | ₹54.31 Cr |
| Torrent Pharmaceuticals Ltd Sr 2 7.60 Ncd 19jn29 Fvrs1lac | Healthcare | 2.37% | ₹49.27 Cr |
| Cholamandalam Investment And Finance Company Limited Sr 662 7.94 Ncd 20mr29 Fvrs1lac | Financial | 2.33% | ₹48.46 Cr |
| Larsen & Toubro Ltd | Industrials | 1.89% | ₹39.26 Cr |
| Mahindra & Mahindra Ltd | Consumer Discretionary | 1.70% | ₹35.49 Cr |
| Government Of India 34208 Goi 08ap34 7.1 Fv Rs 100 | Entities | 1.66% | ₹34.61 Cr |
| Government Of India 35031 Goi 07ot34 6.79 Fv Rs 100 | Entities | 1.55% | ₹32.25 Cr |
| Axis Bank Ltd | Financial | 1.55% | ₹32.20 Cr |
| Sbi Life Insurance Company Ltd | Financial | 1.41% | ₹29.41 Cr |
| Tata Steel Ltd | Materials | 1.33% | ₹27.62 Cr |
| Shriram Transport Finance Company Ltd | Financial | 1.21% | ₹25.21 Cr |
| Ntpc Ltd | Energy & Utilities | 1.21% | ₹25.12 Cr |
| Piramal Finance Limited 8.75 Ncd 29oct27 Fvrs1lac | Financial | 1.19% | ₹24.86 Cr |
Top Hybrid Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| HDFC Balanced Advantage Fund Direct-growth |
₹564.46 | 15.09% | 15.72% | - |
| HDFC Balanced Advantage Fund Direct-idcw |
₹43.34 | 15.09% | 15.72% | - |
| HDFC Balanced Advantage Fund Regular-growth |
₹519.48 | 14.40% | 15.01% | - |
| HDFC Balanced Advantage Fund Regular-idcw |
₹36.53 | 14.40% | 15.01% | - |
| Baroda Bnp Paribas Balanced Advantage Fund Direct-growth |
₹28.23 | 13.97% | 12.80% | - |
| Baroda Bnp Paribas Balanced Advantage Fund Direct-idcw |
₹17.87 | 13.97% | 12.80% | - |
| Aditya Birla Sun Life Dynamic Asset Allocation Omni Fof Direct-growth |
₹60.67 | 14.63% | 12.75% | - |
| Aditya Birla Sun Life Dynamic Asset Allocation Omni Fof Direct-idcw Half Yearly |
₹55.56 | 14.63% | 12.75% | - |
| Franklin India Dynamic Asset Allocation Active Fof Direct-growth |
₹187.77 | 11.81% | 12.58% | - |
| Franklin India Dynamic Asset Allocation Active Fof Direct-idcw |
₹48.23 | 11.81% | 12.58% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
Mirae Asset Balanced Advantage Fund Direct-idcw
What is the current AUM of Mirae Asset Balanced Advantage Fund Direct-idcw?
As of Sun May 31, 2026, Mirae Asset Balanced Advantage Fund Direct-idcw manages assets worth ₹2,081.6 crore
How has Mirae Asset Balanced Advantage Fund Direct-idcw performed recently?
- 3 Months: 3.66%
- 6 Months: 1.16%
What is the long-term performance of Mirae Asset Balanced Advantage Fund Direct-idcw?
- 3 Years CAGR: 11.98%
- Since Inception: 11.65%
What is the portfolio composition of Mirae Asset Balanced Advantage Fund Direct-idcw?
Equity: 53.95%, Debt: 27.31%, Others: 18.74%.
Who manages Mirae Asset Balanced Advantage Fund Direct-idcw?
Mirae Asset Balanced Advantage Fund Direct-idcw is managed by Harshad Borawake from Mirae Asset Mutual Fund.
When was the last dividend declared by Mirae Asset Balanced Advantage Fund Direct-idcw?
Latest dividend was declared on 13 Feb 2026 at 12.00% of face value.
What is the market-cap allocation of Mirae Asset Balanced Advantage Fund Direct-idcw?
Large Cap: 74.53%, Mid Cap: 11.78%, Small Cap: 13.68%.
Which are the top companies Mirae Asset Balanced Advantage Fund Direct-idcw has invested in?
- Cash Margin – 13.35% of the fund's portfolio
- Repo – 5.34% of the fund's portfolio
- HDFC Bank Ltd – 5.00% of the fund's portfolio
- GOI Sec 7.18 14/08/2033 – 3.41% of the fund's portfolio
- ICICI Bank Ltd – 3.39% of the fund's portfolio
Which are the major sectors Mirae Asset Balanced Advantage Fund Direct-idcw focuses on?
- Financial – 18.77% of the fund's portfolio
- Unspecified – 18.69% of the fund's portfolio
- Entities – 6.62% of the fund's portfolio
- Energy & Utilities – 3.82% of the fund's portfolio
- Technology – 2.98% of the fund's portfolio
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