Mirae Asset Balanced Advantage Fund Regular Plan IDCW
Category: Hybrid: Dynamic Asset Allocation
Launch Date: 11-08-2022
AUM:
₹ 1,896.5 Cr
Expense Ratio
2.06%
Benchmark
NIFTY 50 Hybrid Composite debt 50:50 Index
ISIN
INF769K01IJ4
Minimum Investment
5000.0
Minimum Topup
1000.0
Minimum SIP Amount
99
Fund Manager
Mr. Harshad Borawake (Equity portion), Mr. Mahendra Jajoo (Debt portion)
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mirae Asset Balanced Advantage Fund Regular Plan IDCW | 3.79 | 12.18 | - |
| Benchmark | - | - | - |
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
Overview
NAV
14.063
Last change
-0.05 (-0.3271%)
Fund Size (AUM)
₹ 1,896.5 Cr
Performance
11.84% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
Investment Objective
The investment objective of the scheme is to capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Fund Manager
Mr. Harshad Borawake (Equity portion), Mr. Mahendra Jajoo (Debt portion)
Riskometer
Very High
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 5.95 |
| Net Receivables / (Payables) | 4.55 |
| 7.18% Government of India (MD 14/08/2033) | 3.88 |
| 7.77% Power Finance Corporation Ltd. (MD 15/07/2026) | 3.2 |
| 6.79% Government of India (MD 07/10/2034) | 3.12 |
| STATE BANK OF INDIA EQ NEW RE. 1/- | 3.09 |
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 2.79 |
| TREPS | 2.74 |
| 7.53% National Bank for Agriculture and Rural Development (MD 24/03/2028) | 2.69 |
| BHARTI AIRTEL LIMITED EQ NEW FV RS 5/- | 2.48 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 20.42 |
| Oil, Gas & Consumable Fuels | 5.86 |
| Automobile and Auto Components | 5.36 |
| Information Technology | 5.33 |
| Healthcare | 4.79 |
| Metals & Mining | 3.63 |
| Fast Moving Consumer Goods | 3.36 |
| Telecommunication | 2.78 |
| Consumer Services | 2.49 |
| Construction Materials | 2.24 |