Mirae Asset Balanced Advantage Fund Overview
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Growth Option As On: 18-04-2024
NAV ₹12.37 (R) 0.0% ₹12.67 (D) 0.0%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 21.38% -% -% -% -%
LumpSum Dir. P 23.09% -% -% -% -%
SIP Reg. P 17.37% -% -% -% -%
SIP Dir. P 19.03% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
- - - -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
-% -% -% - -%

NAV Date: 18-04-2024

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Balanced Advantage Fund Regular Plan IDCW 12.36
0.0000
0.0000%
Mirae Asset Balanced Advantage Fund Regular Plan- Growth 12.37
0.0000
0.0000%
Mirae Asset Balanced Advantage Fund Direct Plan- IDCW 12.66
0.0000
0.0000%
Mirae Asset Balanced Advantage Fund Direct Plan- Growth 12.67
0.0000
0.0000%

Review Date: Feb. 29, 2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It reflects the surge in the investment's value throughout the investment period, communicated as a percentage or a specific monetary sum. Our analysis encompassed four return parameters of this fund. We have organized the return parameters into three performance groups for evaluation: the top 25%, parameters that rank below the top 25% but above average, and parameters that are below average. Below, you'll find a breakdown of how each parameter has performed.
    1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
    2. Above Average Below the Top 25%: The fund does not have any return parameter which is above average but below the top 25%.
    3. Below Average: Mirae Asset Balanced Advantage Fund has four return parameters that are below average in the category, which are listed below:
      • 1Y Return %
      • 6M Return %
      • 3M Return %
      • 1M Return %
  2. Risk: It refers to the chance of suffering a financial loss or not reaching the expected profits due to a variety of circumstances. Zero risk parameters of the fund are divided into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: Mirae Asset Balanced Advantage Fund does not have any risk parameters in the lowest 25% of the category. It means the fund has high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Mirae Asset Balanced Advantage Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Mirae Asset Balanced Advantage Fund does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated zero risk-adjusted performance parameters of the fund.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 2.08
2.12
0.87 | 3.95 13 | 24
No
No
No
3M Return % 1.94
2.96
0.19 | 5.49 21 | 24
No
No
Yes
6M Return % 9.42
11.23
4.73 | 17.99 17 | 24
No
No
No
1Y Return % 21.38
23.13
12.28 | 38.36 13 | 24
No
No
No
1Y SIP Return % 17.37
20.36
8.37 | 35.89 16 | 24
No
No
No
Return data last Updated On : April 18, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 2.20 2.22 0.95 | 4.05 13 | 24
No
No
No
3M Return % 2.29 3.27 0.49 | 5.72 21 | 24
No
No
Yes
6M Return % 10.19 11.92 5.11 | 18.35 17 | 24
No
No
No
1Y Return % 23.09 24.67 13.08 | 39.20 13 | 24
No
No
No
1Y SIP Return % 19.03 21.87 9.16 | 36.72 16 | 24
No
No
No
Return data last Updated On : April 18, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.0 ₹ 10000.0 0.0 ₹ 10000.0
1W -0.89 ₹ 9911.0 -0.87 ₹ 9913.0
1M 2.08 ₹ 10208.0 2.2 ₹ 10220.0
3M 1.94 ₹ 10194.0 2.29 ₹ 10229.0
6M 9.42 ₹ 10942.0 10.19 ₹ 11019.0
1Y 21.38 ₹ 12138.0 23.09 ₹ 12309.0
3Y - ₹ - - ₹ -
5Y - ₹ - - ₹ -
7Y - ₹ - - ₹ -
10Y - ₹ - - ₹ -
15Y - ₹ - - ₹ -

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.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 17.3678 ₹ 13102.164 19.0259 ₹ 13204.764
3Y ₹ 36000 - ₹ - - ₹ -
5Y ₹ 60000 - ₹ - - ₹ -
7Y ₹ 84000 - ₹ - - ₹ -
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
18-04-2024 12.366 12.668
16-04-2024 12.392 12.693
15-04-2024 12.404 12.705
12-04-2024 12.477 12.779
09-04-2024 12.499 12.8
08-04-2024 12.507 12.807
05-04-2024 12.48 12.778
04-04-2024 12.463 12.76
03-04-2024 12.447 12.743
02-04-2024 12.43 12.725
01-04-2024 12.41 12.704
28-03-2024 12.33 12.621
27-03-2024 12.283 12.572
26-03-2024 12.234 12.521
22-03-2024 12.236 12.521
21-03-2024 12.209 12.493
20-03-2024 12.122 12.404
19-03-2024 12.114 12.395
18-03-2024 12.175 12.458
15-03-2024 12.172 12.453
14-03-2024 12.211 12.493
13-03-2024 12.17 12.45
12-03-2024 12.326 12.609
11-03-2024 12.362 12.646
07-03-2024 12.423 12.706
06-03-2024 12.408 12.691
05-03-2024 12.432 12.714
04-03-2024 12.459 12.741
01-03-2024 12.419 12.7
29-02-2024 12.327 12.604
28-02-2024 12.3 12.576
27-02-2024 12.36 12.638
26-02-2024 12.352 12.628
23-02-2024 12.354 12.629
22-02-2024 12.334 12.608
21-02-2024 12.3 12.573
20-02-2024 12.336 12.609
19-02-2024 12.313 12.585
16-02-2024 12.304 12.575
15-02-2024 12.259 12.529
14-02-2024 12.227 12.495
13-02-2024 12.185 12.452
12-02-2024 12.146 12.411
09-02-2024 12.234 12.5
08-02-2024 12.234 12.499
07-02-2024 12.27 12.535
06-02-2024 12.248 12.513
05-02-2024 12.199 12.462
02-02-2024 12.219 12.481
01-02-2024 12.198 12.459
31-01-2024 12.208 12.469
30-01-2024 12.145 12.404
29-01-2024 12.174 12.433
25-01-2024 12.077 12.332
24-01-2024 12.085 12.34
23-01-2024 12.014 12.267
19-01-2024 12.131 12.384
18-01-2024 12.074 12.326
17-01-2024 12.104 12.356
16-01-2024 12.223 12.477
15-01-2024 12.252 12.506
12-01-2024 12.187 12.439
11-01-2024 12.141 12.391
10-01-2024 12.115 12.364
09-01-2024 12.09 12.338
08-01-2024 12.074 12.321
05-01-2024 12.125 12.371
04-01-2024 12.105 12.351
03-01-2024 12.049 12.293
02-01-2024 12.061 12.305
01-01-2024 12.084 12.328
29-12-2023 12.068 12.31
28-12-2023 12.062 12.304
27-12-2023 12.037 12.278
26-12-2023 11.997 12.236
22-12-2023 11.975 12.212
21-12-2023 11.943 12.179
20-12-2023 11.894 12.128
19-12-2023 12.028 12.265
18-12-2023 12.016 12.252
15-12-2023 12.014 12.249
14-12-2023 11.952 12.185
13-12-2023 11.867 12.098
12-12-2023 11.83 12.06
11-12-2023 11.867 12.097
08-12-2023 11.849 12.077
07-12-2023 11.834 12.062
06-12-2023 11.838 12.065
05-12-2023 11.831 12.058
04-12-2023 11.801 12.027
01-12-2023 11.69 11.912
30-11-2023 11.657 11.878
29-11-2023 11.523 11.741
28-11-2023 11.466 11.682
24-11-2023 11.436 11.65
23-11-2023 11.437 11.651
22-11-2023 11.442 11.656
21-11-2023 11.442 11.655
20-11-2023 11.427 11.639
17-11-2023 11.428 11.639
16-11-2023 11.435 11.646
15-11-2023 11.415 11.625
13-11-2023 11.343 11.55
10-11-2023 11.324 11.53
09-11-2023 11.314 11.519
08-11-2023 11.326 11.532
07-11-2023 11.307 11.511
06-11-2023 11.289 11.493
03-11-2023 11.231 11.432
02-11-2023 11.194 11.394
01-11-2023 11.139 11.338
31-10-2023 11.171 11.37
30-10-2023 11.185 11.383
27-10-2023 11.158 11.355
26-10-2023 11.078 11.273
25-10-2023 11.129 11.324
23-10-2023 11.182 11.377
20-10-2023 11.273 11.469
19-10-2023 11.301 11.497
18-10-2023 11.318 11.513
17-10-2023 11.366 11.563
16-10-2023 11.337 11.533
13-10-2023 11.334 11.528
12-10-2023 11.341 11.534
11-10-2023 11.34 11.534
10-10-2023 11.31 11.502
09-10-2023 11.249 11.44
06-10-2023 11.308 11.499
05-10-2023 11.283 11.473
04-10-2023 11.252 11.441
03-10-2023 11.309 11.499
29-09-2023 11.318 11.505
27-09-2023 11.314 11.501
26-09-2023 11.296 11.482
25-09-2023 11.294 11.479
22-09-2023 11.302 11.487
21-09-2023 11.323 11.507
20-09-2023 11.371 11.555
18-09-2023 11.431 11.616
15-09-2023 11.448 11.631
14-09-2023 11.429 11.612
13-09-2023 11.403 11.585
12-09-2023 11.39 11.572
11-09-2023 11.45 11.632
08-09-2023 11.402 11.582
07-09-2023 11.358 11.537
06-09-2023 11.319 11.496
05-09-2023 11.323 11.5
04-09-2023 11.301 11.478
01-09-2023 11.265 11.44
31-08-2023 11.215 11.389
30-08-2023 11.223 11.396
29-08-2023 11.216 11.388
28-08-2023 11.215 11.387
25-08-2023 11.198 11.369
24-08-2023 11.223 11.393
23-08-2023 11.223 11.393
22-08-2023 11.19 11.359
21-08-2023 11.167 11.335
18-08-2023 11.143 11.31
17-08-2023 11.155 11.321
16-08-2023 11.163 11.329
14-08-2023 11.149 11.314
11-08-2023 11.158 11.321
10-08-2023 11.188 11.352
09-08-2023 11.208 11.372
08-08-2023 11.187 11.35
07-08-2023 11.179 11.342
04-08-2023 11.16 11.321
03-08-2023 11.12 11.279
02-08-2023 11.146 11.306
01-08-2023 11.215 11.375
31-07-2023 11.214 11.374
28-07-2023 11.173 11.33
27-07-2023 11.163 11.32
26-07-2023 11.168 11.325
25-07-2023 11.143 11.299
24-07-2023 11.132 11.288
21-07-2023 11.13 11.284
20-07-2023 11.16 11.314
19-07-2023 11.114 11.267
18-07-2023 11.075 11.227
17-07-2023 11.066 11.217
14-07-2023 11.033 11.183
13-07-2023 10.982 11.131
12-07-2023 10.977 11.125
11-07-2023 10.971 11.119
10-07-2023 10.931 11.078
07-07-2023 10.91 11.055
06-07-2023 10.946 11.092
05-07-2023 10.919 11.064
04-07-2023 10.916 11.06
03-07-2023 10.91 11.054
30-06-2023 10.888 11.03
28-06-2023 10.825 10.966
27-06-2023 10.787 10.927
26-06-2023 10.739 10.878
23-06-2023 10.721 10.858
22-06-2023 10.761 10.898
21-06-2023 10.78 10.917
20-06-2023 10.769 10.905
19-06-2023 10.743 10.878
16-06-2023 10.747 10.881
15-06-2023 10.698 10.831
14-06-2023 10.717 10.85
13-06-2023 10.717 10.85
12-06-2023 10.683 10.815
09-06-2023 10.671 10.801
08-06-2023 10.69 10.82
07-06-2023 10.726 10.856
06-06-2023 10.681 10.81
05-06-2023 10.665 10.794
02-06-2023 10.64 10.767
01-06-2023 10.611 10.737
31-05-2023 10.616 10.742
30-05-2023 10.62 10.746
29-05-2023 10.61 10.735
26-05-2023 10.579 10.702
25-05-2023 10.522 10.645
24-05-2023 10.508 10.63
23-05-2023 10.515 10.636
22-05-2023 10.503 10.624
19-05-2023 10.475 10.595
18-05-2023 10.455 10.574
17-05-2023 10.469 10.587
16-05-2023 10.494 10.612
15-05-2023 10.502 10.62
12-05-2023 10.47 10.587
11-05-2023 10.462 10.577
10-05-2023 10.456 10.571
09-05-2023 10.438 10.553
08-05-2023 10.444 10.558
05-05-2023 10.389 10.501
04-05-2023 10.421 10.534
03-05-2023 10.373 10.485
02-05-2023 10.377 10.488
28-04-2023 10.344 10.453
27-04-2023 10.289 10.397
26-04-2023 10.257 10.365
25-04-2023 10.237 10.343
24-04-2023 10.22 10.327
21-04-2023 10.178 10.283
20-04-2023 10.188 10.292
19-04-2023 10.183 10.286
18-04-2023 10.202 10.305

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.