Mirae Asset Balanced Advantage Fund Regular Plan IDCW
Category: Hybrid: Dynamic Asset Allocation
Launch Date: 11-08-2022
AUM:
₹ 1,939.85 Cr
Expense Ratio
2.05%
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, Mr. Basant Bafna
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mirae Asset Balanced Advantage Fund Regular Plan IDCW | -1.73 | 8.46 | - |
| 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
13.325
Last change
-0.05 (-0.3602%)
Fund Size (AUM)
₹ 1,939.85 Cr
Performance
7.93% (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, Mr. Basant Bafna
Riskometer
Moderately High
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 5.17 |
| 07.18% GSEC MAT -14/08/2033 | 3.64 |
| 7.01% National Bank For Agriculture & Rural Development (16-Mar-2029) | 3.61 |
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 3.3 |
| BHARTI AIRTEL LIMITED EQ NEW FV RS 5/- | 3.11 |
| STATE BANK OF INDIA EQ NEW RE. 1/- | 2.85 |
| RELIANCE INDUSTRIES LIMITED EQ | 2.8 |
| TREPS | 2.63 |
| 7.1% Government of India | 1.78 |
| MAHINDRA AND MAHINDRA LIMITED EQ NEW F.V. RS.5 | 1.77 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 22.37 |
| Automobile and Auto Components | 5.93 |
| Healthcare | 5.58 |
| Oil, Gas & Consumable Fuels | 5.2 |
| Metals & Mining | 4.32 |
| Telecommunication | 3.5 |
| Information Technology | 3.5 |
| Consumer Durables | 2.58 |
| Consumer Services | 2.56 |
| Fast Moving Consumer Goods | 2.1 |