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Mirae Asset Balanced Advantage Fund Direct Plan- Growth

Mirae Asset · Balanced Advantage
Moderate
₹15.33
Current NAV
25 Jun 2026
12.5%
1Y Return
8.0%
3Y CAGR
13.0%
5Y CAGR
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Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.25%.
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.85).
  • Generates significant excess returns relative to benchmark index (Alpha: 5.85).
  • Very large asset base (AUM: ₹10,400 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • Returns are subject to standard market fluctuations and interest rate risks.
  • No indexation benefits under current tax laws for short holding periods.
Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.
Risk Profile: Moderate Risk
Low Moderate High Very High
Risk Metrics
1.85
Sharpe Ratio
0.85
Beta
5.85
Alpha
2.31
Sortino
Fund Details
Fund House Mirae Asset
Category Balanced Advantage
AUM ₹10400 Cr
Expense Ratio 0.25%
Min SIP ₹500
Min Lumpsum ₹1000
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