Mirae Asset Balanced Advantage Fund - Direct Plan - IDCW

Mirae Asset Mutual Fund · Dynamic Asset Allocation or Balanced Advantage · Direct · IDCW4/5 ★

NAV · as of 11/09/2026

14.25

-0.07%

-3.40%

Key stats

Expense ratio: 0.62%
AUM: ₹2.17 K Cr
Launched: 12/08/2022
Fund manager: Harshad Borawake; Basant Bafna
Portfolio turnover: 2.40%
Risk: Moderately High Risk
Min lump-sum: ₹5,000
Min SIP: ₹99/mo
Fresh lump-sum: Accepted
Fresh SIP: Accepted

NAV history

Mirae Asset Balanced Advantage Fund - Direct Plan - IDCW

13/08/2026 to 11/09/2026

O - H - L -

1W-0.54%

1M-1.25%

3M+2.60%

6M+5.79%

1Y-3.40%

3Y+7.20%

MAX+42.21%

Top holdings

182 disclosed

1.
Cash Offset For Derivatives
11.29%
2.
HDFC Bank Ltd
Financial Services
4.83%
3.
Treps
4.53%
4.
ICICI Bank Ltd
Financial Services
3.72%
5.
7.18% Govt Stock 2033
3.33%
6.
Bharti Airtel Ltd
Communication Services
3.08%
7.
Reliance Industries Ltd
Energy
2.82%
8.
State Bank of India
Financial Services
2.75%
9.
Bajaj Housing Finance Limited - NCD & Bonds - NCD & Bonds
2.31%
10.
Torrent Pharmaceuticals Ltd - NCD & Bonds - NCD & Bonds
2.30%
11.
Cholamandalam Investment And Finance Company Limited - NCD & Bonds - NCD & Bonds
2.25%
12.
Mahindra & Mahindra Ltd
Consumer Cyclical
1.71%
13.
7.1% Govt Stock 2034
1.62%
14.
Axis Bank Ltd
Financial Services
1.53%
15.
6.79% Govt Stock 2034
1.51%
16.
SBI Life Insurance Co Ltd
Financial Services
1.50%
17.
Tata Steel Ltd
Basic Materials
1.44%
18.
NTPC Ltd
Utilities
1.38%
19.
Larsen & Toubro Ltd
Industrials
1.37%
20.
Shriram Finance Ltd
Financial Services
1.29%
21.
Bajaj Finance Ltd
Financial Services
1.22%
22.
Bajaj Housing Finance Limited - NCD & Bonds - NCD & Bonds
1.16%
23.
6.54% Govt Stock 2032
1.15%
24.
Manappuram Finance Limited - NCD & Bonds - NCD & Bonds
1.15%
25.
Bajaj Finance Limited - NCD & Bonds - NCD & Bonds
1.15%
26.
ICICI Securities Limited - NCD & Bonds - NCD & Bonds
1.15%
27.
National Bank For Agriculture And Rural Development - NCD & Bonds - NCD & Bonds
1.14%
28.
Maruti Suzuki India Ltd
Consumer Cyclical
1.14%
29.
Muthoot Finance Limited - NCD & Bonds - NCD & Bonds
1.14%
30.
Sun Pharmaceuticals Industries Ltd
Healthcare
1.12%
31.
7.15% Haryana Sgs 2040
1.11%
32.
Laurus Labs Ltd
Healthcare
1.10%
33.
Net Receivables / (Payables)
1.09%
34.
Eicher Motors Ltd
Consumer Cyclical
1.07%
35.
Kotak Mahindra Bank Ltd
Financial Services
1.02%
36.
Eternal Ltd
Consumer Cyclical
0.97%
37.
TVS Motor Co Ltd
Consumer Cyclical
0.97%
38.
Titan Co Ltd
Consumer Cyclical
0.96%
39.
Torrent Pharmaceuticals Ltd - NCD & Bonds - NCD & Bonds
0.92%
40.
Mindspace Business Parks Reit - NCD & Bonds - NCD & Bonds
0.91%
41.
Adani Ports & Special Economic Zone Ltd
Industrials
0.87%
42.
Infosys Ltd
Technology
0.85%
43.
Tata Consultancy Services Ltd
Technology
0.85%
44.
Ambuja Cements Ltd
Basic Materials
0.83%
45.
Hindalco Industries Ltd
Basic Materials
0.81%
46.
Bharat Electronics Ltd
Industrials
0.73%
47.
Divi's Laboratories Ltd
Healthcare
0.72%
48.
Multi Commodity Exchange of India Ltd
Financial Services
0.71%
49.
Craftsman Automation Ltd
Consumer Cyclical
0.71%
50.
Future on Bharti Airtel Ltd
0.70%
51.
LG Electronics India Ltd
Technology
0.68%
52.
HDFC Asset Management Co Ltd
Financial Services
0.68%
53.
TD Power Systems Ltd
Industrials
0.68%
54.
Avenue Supermarts Ltd
Consumer Defensive
0.67%
55.
Vedanta Aluminium Metal Ltd
Basic Materials
0.66%
56.
Future on Sun Pharmaceuticals Industries Ltd
0.65%
57.
Future on Eicher Motors Ltd
0.64%
58.
Sona BLW Precision Forgings Ltd
Consumer Cyclical
0.64%
59.
KFin Technologies Ltd
Technology
0.61%
60.
Future on Mahindra & Mahindra Ltd
0.61%
61.
Bharat Petroleum Corp Ltd
Energy
0.57%
62.
Future on Kotak Mahindra Bank Ltd
0.57%
63.
Future on SBI Life Insurance Co Ltd
0.57%
64.
Glenmark Pharmaceuticals Ltd
Healthcare
0.57%
65.
Future on HDFC Bank Ltd
0.56%
66.
Future on Hindalco Industries Ltd
0.55%
67.
Schaeffler India Ltd
Consumer Cyclical
0.55%
68.
OneSource Specialty Pharma Ltd
Healthcare
0.55%
69.
Future on JSW Steel Ltd
0.53%
70.
Future on Jindal Steel Ltd
0.52%
71.
JSW Steel Ltd
Basic Materials
0.52%
72.
Jindal Steel Ltd
Basic Materials
0.52%
73.
Century Plyboards (India) Ltd
Basic Materials
0.52%
74.
Krishna Institute of Medical Sciences Ltd
Healthcare
0.50%
75.
7.26% Govt Stock 2033
0.48%
76.
ITC Ltd
Consumer Defensive
0.47%
77.
Muthoot Finance Limited - NCD & Bonds - NCD & Bonds
0.46%
78.
Small Industries Development Bank Of India - NCD & Bonds - NCD & Bonds
0.46%
79.
Sai Life Sciences Ltd
Healthcare
0.46%
80.
JSW Energy Ltd
Utilities
0.45%
81.
Godrej Consumer Products Ltd
Consumer Defensive
0.44%
82.
Varun Beverages Ltd
Consumer Defensive
0.42%
83.
Pine Labs Ltd
Technology
0.42%
84.
Kusumgar Ltd
Consumer Cyclical
0.41%
85.
Future on Tata Motors Passenger Vehicles Ltd
0.41%
86.
Tata Motors Passenger Vehicles Ltd
Consumer Cyclical
0.41%
87.
Aurobindo Pharma Ltd
Healthcare
0.40%
88.
Future on Tata Steel Ltd.
0.39%
89.
Dr. Lal PathLabs Ltd
Healthcare
0.38%
90.
Torrent Pharmaceuticals Ltd
Healthcare
0.37%
91.
ABB India Ltd
Industrials
0.37%
92.
India Infrastructure Finance Company Limited - NCD & Bonds - NCD & Bonds
0.37%
93.
Future on The Federal Bank Ltd
0.36%
94.
The Federal Bank Ltd
Financial Services
0.36%
95.
Blackbuck Ltd
Technology
0.36%
96.
Future on Adani Enterprises Ltd
0.36%
97.
Adani Enterprises Ltd
Energy
0.36%
98.
Oil & Natural Gas Corp Ltd
Energy
0.35%
99.
International Gemological Institute Ltd
Basic Materials
0.33%
100.
IndusInd Bank Ltd
Financial Services
0.33%
101.
Future on Maruti Suzuki India Ltd
0.32%
102.
JK Cement Ltd
Basic Materials
0.32%
103.
Leela Palaces Hotels and Resorts Ltd
Consumer Cyclical
0.32%
104.
Eris Lifesciences Ltd Registered Shs
Healthcare
0.32%
105.
Atul Ltd
Basic Materials
0.30%
106.
Future on Titan Co Ltd
0.30%
107.
Vishal Mega Mart Ltd
Consumer Cyclical
0.29%
108.
Future on Ambuja Cements Ltd
0.28%
109.
Future on Aurobindo Pharma Ltd
0.28%
110.
Apollo Hospitals Enterprise Ltd
Healthcare
0.28%
111.
Future on Canara Bank
0.28%
112.
Zensar Technologies Ltd
Technology
0.28%
113.
Canara Bank
Financial Services
0.28%
114.
UltraTech Cement Ltd
Basic Materials
0.28%
115.
Tech Mahindra Ltd
Technology
0.27%
116.
Mphasis Ltd
Technology
0.26%
117.
Power Finance Corp Ltd
Financial Services
0.26%
118.
Deepak Nitrite Ltd
Basic Materials
0.26%
119.
JSW Infrastructure Ltd
Industrials
0.25%
120.
CARE Ratings Ltd
Financial Services
0.25%
121.
Future on Reliance Industries Ltd
0.25%
122.
Campus Activewear Ltd
Consumer Cyclical
0.24%
123.
Future on Shriram Finance Ltd
0.22%
124.
7.34% Govt Stock 2064
0.22%
125.
Crompton Greaves Consumer Electricals Ltd
Consumer Cyclical
0.22%
126.
Future on Cipla Ltd
0.22%
127.
Cipla Ltd
Healthcare
0.22%
128.
Hindustan Unilever Ltd
Consumer Defensive
0.21%
129.
Go Digit General Insurance Ltd
Financial Services
0.20%
130.
Turtlemint Fintech Solutions Ltd
Financial Services
0.20%
131.
Max Healthcare Institute Ltd Ordinary Shares
Healthcare
0.20%
132.
Gujarat Energy Ltd
Utilities
0.19%
133.
Future on Divi's Laboratories Ltd
0.19%
134.
National Bank For Agriculture And Rural Development - NCD & Bonds - NCD & Bonds
0.19%
135.
Future on HDFC Asset Management Co Ltd
0.18%
136.
Indus Towers Ltd Ordinary Shares
Communication Services
0.18%
137.
Future on HDFC Life Insurance Co Ltd
0.17%
138.
HDFC Life Insurance Co Ltd
Financial Services
0.17%
139.
InterGlobe Aviation Ltd
Industrials
0.17%
140.
Petronet LNG Ltd
Energy
0.17%
141.
Greenply Industries Ltd
Basic Materials
0.16%
142.
Future on Nestle India Ltd
0.15%
143.
Nestle India Ltd
Consumer Defensive
0.15%
144.
Future on Asian Paints Ltd
0.14%
145.
Asian Paints Ltd
Basic Materials
0.14%
146.
Future on Larsen & Toubro Ltd
0.13%
147.
Future on United Spirits Ltd
0.12%
148.
United Spirits Ltd
Consumer Defensive
0.12%
149.
Future on Adani Ports & Special Economic Zone Ltd
0.11%
150.
Future on Ashok Leyland Ltd
0.10%
151.
Ashok Leyland Ltd
Industrials
0.10%
152.
Future on Tata Power Co Ltd
0.08%
153.
Tata Power Co Ltd
Utilities
0.08%
154.
Future on Bank of Baroda
0.08%
155.
Bank of Baroda
Financial Services
0.08%
156.
Future on The South Indian Bank Ltd
0.08%
157.
Indian Hotels Co Ltd
Consumer Cyclical
0.08%
158.
Prince Pipes And Fittings Ltd Ordinary Shares
Industrials
0.08%
159.
Future on Bharat Heavy Electricals Ltd
0.07%
160.
Bharat Heavy Electricals Ltd
Industrials
0.07%
161.
Future on Punjab National Bank
0.05%
162.
Punjab National Bank
Financial Services
0.05%
163.
Indo MIM Ltd
Industrials
0.05%
164.
Future on Bajaj Finance Ltd
0.04%
165.
Gspl Transmission Ltd. A**
0.04%
166.
Dalmia Bharat Ltd
-
167.
FSN E-Commerce Ventures Ltd
-
168.
ICICI Lombard General Insurance Co Ltd
-
169.
Jubilant Foodworks Ltd
-
170.
Vedanta Power Ltd
-
171.
National Aluminium Co Ltd
-
172.
Container Corporation of India Ltd
-
173.
NHPC Ltd
-
174.
Kalyan Jewellers India Ltd
-
175.
DLF Ltd
-
176.
Brigade Enterprises Ltd
-
177.
LTM Ltd
-
178.
General Insurance Corp of India
-
179.
Piramal Finance Limited - NCD & Bonds - NCD & Bonds
-
180.
7.43% Govt Stock 2076
-
181.
Sundaram Finance Limited - NCD & Bonds - NCD & Bonds
-
182.
Vedanta Oil and Gas Ltd
-

Sector allocation

Unclassified54.72%
Financial Services21.44%
Consumer Cyclical10.68%
Healthcare7.18%
Basic Materials7.09%
Industrials4.75%
Technology4.60%
Energy4.28%
Communication Services3.26%
Consumer Defensive2.48%
Utilities2.10%

Comparable peers

Mirae Asset Balanced Advantage IDCW Reinvest Direct Plan
Mirae Balanced Advantage IDCW Reinvest (DR) · ₹2.17 K Cr AUM
1Y+4.19%
3Y+9.74%
-
Axis Balanced Advantage IDCW Reinvest Direct Plan
Axis Balanced Advantage IDCW Reinvest (DR) · ₹3.86 K Cr AUM
1Y+2.40%
3Y+13.57%
-
Axis Balanced Advantage IDCW Payout Direct Plan
Axis Balanced Advantage IDCW Payout (DP) · ₹3.86 K Cr AUM
1Y+2.40%
3Y+13.57%
-
Quant Dynamic Asset Allocation IDCW Reinvest Direct Plan
Quant Dynamic Asset Allocation IDCW Reinvest (DR) · ₹880.40 Cr AUM
1Y+0.30%
3Y+13.24%
-
Quant Dynamic Asset Allocation IDCW Payout Direct Plan
Quant Dynamic Asset Allocation IDCW Payout (DP) · ₹880.40 Cr AUM
1Y+0.30%
3Y+13.24%
-

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 realized.

Scheme details

Scheme code: 150471
Fund house: Mirae Asset Mutual Fund
Category: Open Ended
Type: Hybrid Schemes
Sub-category: Dynamic Asset Allocation or Balanced Advantage
Plan: Direct
Return type: IDCW
ISIN (Growth): INF769K01IM8
ISIN (Div. Reinvest): INF769K01IO4
Tradable on exchange: No

Kuvera page