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Mirae Asset Balanced Advantage Fund Regular Plan IDCW

Mirae Asset · Balanced Advantage
Moderate
₹13.43
Current NAV
03 Nov 2026
-7.1%
1Y Return
6.1%
3Y CAGR
13.8%
5Y CAGR
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NAV History (1 Year)
Analysis & Suitability
Pros / Upsides
  • Excellent risk-adjusted performance (Sharpe Ratio: 1.93).
  • Generates significant excess returns relative to benchmark index (Alpha: 5.93).
  • Very large asset base (AUM: ₹18,980 Cr) indicating high investor trust and liquidity.
Cons / Risks
  • 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
1.93
Sharpe Ratio
0.93
Beta
5.93
Alpha
2.57
Sortino
Fund Details
Fund House Mirae Asset
Category Balanced Advantage
AUM ₹18980 Cr
Expense Ratio 1.33%
Min SIP ₹500
Min Lumpsum ₹1000
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