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Mirae Asset Balanced Advantage Fund Direct Plan- IDCW

Mirae Asset · Balanced Advantage
Moderate
₹14.23
Current NAV
03 Nov 2026
-5.9%
1Y Return
7.6%
3Y CAGR
11.5%
5Y CAGR
Watchlist
NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Highly cost-efficient with a low expense ratio of 0.1%.
  • Generates significant excess returns relative to benchmark index (Alpha: 6.50).
  • Well-diversified portfolio aligned with the Balanced Advantage mandate.
Cons / Risks
  • Lower risk-adjusted performance compared to top peers in the same category.
  • Sluggish 3-year performance, lagging behind primary equity benchmarks.
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
0.50
Sharpe Ratio
0.70
Beta
6.50
Alpha
0.55
Sortino
Fund Details
Fund House Mirae Asset
Category Balanced Advantage
AUM ₹6050 Cr
Expense Ratio 0.10%
Min SIP ₹500
Min Lumpsum ₹1000
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