Mirae Asset Balanced Advantage Fund Datagrid
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank 10
Rating
Growth Option 23-10-2026
NAV ₹14.08(R) -0.69% ₹14.93(D) -0.69%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular -2.02% 7.99% -% -% -%
Direct -0.7% 9.48% -% -% -%
Benchmark
SIP (XIRR) Regular -4.28% 2.93% -% -% -%
Direct -2.98% 4.36% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.48 0.22 0.56 2.21% 0.04
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
8.14% -10.48% -7.62% 1.02 6.08%
Fund AUM As on: 30/12/2025 1985 Cr
Top Dynamic Asset Allocation or Balanced Advantage
Fund Name Rank Rating
ICICI Prudential Balanced Advantage Fund 1
DSP Dynamic Asset Allocation Fund 2
Aditya Birla Sun Life Balanced Advantage Fund 3
HDFC Balanced Advantage Fund 4
Baroda BNP Paribas Balanced Advantage Fund 5
Axis Balanced Advantage Fund 6

NAV Date: 23-10-2026

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Balanced Advantage Fund Regular Plan IDCW 12.98
-0.0900
-0.7000%
Mirae Asset Balanced Advantage Fund Direct Plan- IDCW 13.75
-0.1000
-0.6900%
Mirae Asset Balanced Advantage Fund Regular Plan- Growth 14.08
-0.1000
-0.6900%
Mirae Asset Balanced Advantage Fund Direct Plan- Growth 14.93
-0.1000
-0.6900%

Review Date: 23-10-2026

Beginning of Analysis

In the Dynamic Asset Allocation or Balanced Advantage Fund category, mirae asset balanced advantage fund is the 6th ranked fund. The category has total 26 funds. The 5 star rating shows an excellent past performance of the mirae asset balanced advantage fund in Dynamic Asset Allocation or Balanced Advantage Fund. The fund has a Jensen Alpha of 2.21% which is higher than the category average of 1.39%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.48 which is higher than the category average of 0.38.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Dynamic Asset Allocation or Balanced Advantage Mutual Funds

mirae asset balanced advantage fund Return Analysis

  • The fund has given a return of -3.89%, -2.61 and -1.65 in last one, three and six months respectively. In the same period the category average return was -4.3%, -3.33% and -1.93% respectively.
  • mirae asset balanced advantage fund has given a return of -0.7% in last one year. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was -3.38%.
  • The fund has given a return of 9.48% in last three years and ranked 12.0th out of thirty funds in the category. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was 8.55%.
  • The fund has given a SIP return of -2.98% in last one year whereas category average SIP return is -4.71%. The fund one year return rank in the category is 10th in 36 funds
  • The fund has SIP return of 4.36% in last three years and ranks 6th in 30 funds. Aditya Birla Sun Life Balanced Advantage Fund has given the highest SIP return (5.63%) in the category in last three years.

mirae asset balanced advantage fund Risk Analysis

  • The fund has a standard deviation of 8.14 and semi deviation of 6.08. The category average standard deviation is 9.31 and semi deviation is 6.93.
  • The fund has a Value at Risk (VaR) of -10.48 and a maximum drawdown of -7.62. The category average VaR is -12.46 and the maximum drawdown is -10.25. The fund has a beta of 0.99 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category
  • Good Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category
  • Poor Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category
  • Very Poor Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -3.99
    -4.40
    		-8.88 | 0.38 14 | 37 Good
    3M Return % -2.93
    -3.62
    		-7.07 | 2.01 10 | 37 Very Good
    6M Return % -2.31
    -2.53
    		-7.82 | 4.11 16 | 37 Good
    1Y Return % -2.02
    -4.54
    		-9.90 | 7.77 6 | 36 Very Good
    3Y Return % 7.99
    7.19
    		0.31 | 11.05 12 | 30 Good
    1Y SIP Return % -4.28
    -5.86
    		-13.10 | 7.98 11 | 36 Good
    3Y SIP Return % 2.93
    0.98
    		-3.21 | 4.46 6 | 30 Very Good
    Standard Deviation 8.14
    9.31
    		6.52 | 16.53 8 | 29 Very Good
    Semi Deviation 6.08
    6.93
    		4.66 | 11.70 6 | 29 Very Good
    Max Drawdown % -7.62
    -10.25
    		-26.93 | -5.47 5 | 29 Very Good
    VaR 1 Y % -10.48
    -12.46
    		-22.85 | -5.38 9 | 29 Good
    Average Drawdown % 4.42
    4.63
    		3.02 | 7.90 18 | 29 Average
    Sharpe Ratio 0.48
    0.38
    		-0.13 | 0.72 12 | 29 Good
    Sterling Ratio 0.56
    0.48
    		0.10 | 0.69 8 | 29 Very Good
    Sortino Ratio 0.22
    0.18
    		-0.02 | 0.33 12 | 29 Good
    Jensen Alpha % 2.21
    1.39
    		-4.84 | 6.27 13 | 29 Good
    Treynor Ratio 0.04
    0.03
    		-0.01 | 0.06 12 | 29 Good
    Modigliani Square Measure % 3.65
    2.89
    		-0.95 | 5.40 12 | 29 Good
    Alpha % 2.46
    1.92
    		-4.56 | 9.57 13 | 29 Good
    Return data last Updated On : Oct. 23, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -3.89 -4.30 -8.76 | 0.43 14 | 37 Good
    3M Return % -2.61 -3.33 -6.60 | 2.16 10 | 37 Very Good
    6M Return % -1.65 -1.93 -6.88 | 4.42 16 | 37 Good
    1Y Return % -0.70 -3.38 -8.37 | 8.41 6 | 36 Very Good
    3Y Return % 9.48 8.55 1.62 | 12.69 12 | 30 Good
    1Y SIP Return % -2.98 -4.71 -11.61 | 8.62 10 | 36 Good
    3Y SIP Return % 4.36 2.27 -1.70 | 5.63 6 | 30 Very Good
    Standard Deviation 8.14 9.31 6.52 | 16.53 8 | 29 Very Good
    Semi Deviation 6.08 6.93 4.66 | 11.70 6 | 29 Very Good
    Max Drawdown % -7.62 -10.25 -26.93 | -5.47 5 | 29 Very Good
    VaR 1 Y % -10.48 -12.46 -22.85 | -5.38 9 | 29 Good
    Average Drawdown % 4.42 4.63 3.02 | 7.90 18 | 29 Average
    Sharpe Ratio 0.48 0.38 -0.13 | 0.72 12 | 29 Good
    Sterling Ratio 0.56 0.48 0.10 | 0.69 8 | 29 Very Good
    Sortino Ratio 0.22 0.18 -0.02 | 0.33 12 | 29 Good
    Jensen Alpha % 2.21 1.39 -4.84 | 6.27 13 | 29 Good
    Treynor Ratio 0.04 0.03 -0.01 | 0.06 12 | 29 Good
    Modigliani Square Measure % 3.65 2.89 -0.95 | 5.40 12 | 29 Good
    Alpha % 2.46 1.92 -4.56 | 9.57 13 | 29 Good
    Return data last Updated On : Oct. 23, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : June 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Mirae Asset Balanced Advantage Fund NAV Regular Growth Mirae Asset Balanced Advantage Fund NAV Direct Growth
    23-10-2026 14.084 14.931
    22-10-2026 14.182 15.035
    21-10-2026 14.236 15.091
    19-10-2026 14.343 15.203
    16-10-2026 14.424 15.287
    15-10-2026 14.376 15.237
    14-10-2026 14.328 15.185
    13-10-2026 14.364 15.223
    12-10-2026 14.281 15.134
    09-10-2026 14.304 15.157
    08-10-2026 14.237 15.086
    07-10-2026 14.4 15.257
    06-10-2026 14.429 15.288
    05-10-2026 14.347 15.2
    01-10-2026 14.308 15.157
    30-09-2026 14.387 15.24
    29-09-2026 14.405 15.258
    28-09-2026 14.403 15.256
    25-09-2026 14.527 15.386
    24-09-2026 14.523 15.381
    23-09-2026 14.67 15.536

    Fund Launch Date: 12/Aug/2022
    Fund Category: Dynamic Asset Allocation or Balanced Advantage
    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 andderivatives. However, there is no assurance or guarantee that the investment objective of the scheme will be realized.
    Fund Description: An open-ended Dynamic Asset Allocation Fund
    Fund Benchmark: Nifty Equity Savings Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.