Mirae Asset Balanced Advantage Fund Datagrid
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank 8
Rating
Growth Option 04-12-2025
NAV ₹14.47(R) -0.12% ₹15.16(D) -0.12%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.38% 11.78% -% -% -%
Direct 7.84% 13.34% -% -% -%
Benchmark
SIP (XIRR) Regular 10.28% 11.22% -% -% -%
Direct 11.78% 12.78% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.91 0.45 0.7 1.24% 0.06
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
6.88% -5.84% -7.62% 1.01 4.98%
Fund AUM As on: 30/06/2025 1827 Cr
Top Dynamic Asset Allocation or Balanced Advantage
Fund Name Rank Rating
Icici Prudential Balanced Advantage Fund 1
Hdfc Balanced Advantage Fund 2
SBI Balanced Advantage Fund 3
Aditya Birla Sun Life Balanced Advantage Fund 4
Dsp Dynamic Asset Allocation Fund 5
Baroda BNP Paribas Balanced Advantage Fund 6

NAV Date: 04-12-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Balanced Advantage Fund Regular Plan IDCW 14.46
-0.0200
-0.1300%
Mirae Asset Balanced Advantage Fund Regular Plan- Growth 14.47
-0.0200
-0.1200%
Mirae Asset Balanced Advantage Fund Direct Plan- IDCW 15.15
-0.0200
-0.1200%
Mirae Asset Balanced Advantage Fund Direct Plan- Growth 15.16
-0.0200
-0.1200%

Review Date: 04-12-2025

Beginning of Analysis

mirae asset balanced advantage fund is the 6th ranked fund in the Dynamic Asset Allocation or Balanced Advantage Fund category. The category has total 26 funds. The mirae asset balanced advantage fund has shown an excellent past performence in Dynamic Asset Allocation or Balanced Advantage Fund. The fund has a Jensen Alpha of 1.24% which is higher than the category average of 0.11%. Here the fund has shown very good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.91 which is higher than the category average of 0.79.
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 0.48%, 3.52 and 4.57 in last one, three and six months respectively. In the same period the category average return was 0.41%, 3.03% and 4.14% respectively.
  • mirae asset balanced advantage fund has given a return of 7.84% in last one year. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was 5.09%.
  • The fund has given a return of 13.34% in last three years and ranked 11.0th out of 27 funds in the category. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was 12.77%.
  • The fund has given a SIP return of 11.78% in last one year whereas category average SIP return is 10.02%. The fund one year return rank in the category is 10th in 34 funds
  • The fund has SIP return of 12.78% in last three years and ranks 10th in 27 funds. Hdfc Balanced Advantage Fund has given the highest SIP return (15.35%) in the category in last three years.

mirae asset balanced advantage fund Risk Analysis

  • The fund has a standard deviation of 6.88 and semi deviation of 4.98. The category average standard deviation is 7.64 and semi deviation is 5.58.
  • The fund has a Value at Risk (VaR) of -5.84 and a maximum drawdown of -7.62. The category average VaR is -8.74 and the maximum drawdown is -9.33. 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 % 0.37
    0.30
    		-1.62 | 1.57 18 | 34 Good
    3M Return % 3.18
    2.71
    		-1.16 | 5.16 15 | 34 Good
    6M Return % 3.88
    3.49
    		-0.40 | 6.42 16 | 34 Good
    1Y Return % 6.38
    3.78
    		-5.63 | 10.64 6 | 34 Very Good
    3Y Return % 11.78
    11.36
    		7.77 | 17.33 10 | 27 Good
    1Y SIP Return % 10.28
    8.66
    		-1.24 | 14.65 10 | 34 Good
    3Y SIP Return % 11.22
    10.53
    		5.57 | 14.64 10 | 27 Good
    Standard Deviation 6.88
    7.64
    		5.44 | 14.06 9 | 26 Good
    Semi Deviation 4.98
    5.59
    		3.81 | 10.67 9 | 26 Good
    Max Drawdown % -7.62
    -9.33
    		-25.84 | -4.53 8 | 26 Good
    VaR 1 Y % -5.84
    -8.74
    		-22.27 | -4.30 4 | 26 Very Good
    Average Drawdown % -3.65
    -3.63
    		-7.36 | -2.17 17 | 26 Average
    Sharpe Ratio 0.91
    0.79
    		0.23 | 1.39 8 | 26 Good
    Sterling Ratio 0.70
    0.63
    		0.25 | 0.96 7 | 26 Very Good
    Sortino Ratio 0.45
    0.39
    		0.11 | 0.78 8 | 26 Good
    Jensen Alpha % 1.24
    0.11
    		-4.96 | 5.34 7 | 26 Very Good
    Treynor Ratio 0.06
    0.06
    		0.02 | 0.10 7 | 26 Very Good
    Modigliani Square Measure % 11.31
    10.20
    		4.32 | 15.15 7 | 26 Very Good
    Alpha % 1.51
    0.80
    		-2.85 | 7.70 10 | 26 Good
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 0.48 0.41 -1.48 | 1.62 17 | 34 Good
    3M Return % 3.52 3.03 -0.82 | 5.56 15 | 34 Good
    6M Return % 4.57 4.14 0.37 | 7.15 15 | 34 Good
    1Y Return % 7.84 5.09 -4.32 | 11.28 6 | 34 Very Good
    3Y Return % 13.34 12.77 9.67 | 18.05 11 | 27 Good
    1Y SIP Return % 11.78 10.02 0.23 | 15.30 10 | 34 Good
    3Y SIP Return % 12.78 11.94 7.00 | 15.35 10 | 27 Good
    Standard Deviation 6.88 7.64 5.44 | 14.06 9 | 26 Good
    Semi Deviation 4.98 5.59 3.81 | 10.67 9 | 26 Good
    Max Drawdown % -7.62 -9.33 -25.84 | -4.53 8 | 26 Good
    VaR 1 Y % -5.84 -8.74 -22.27 | -4.30 4 | 26 Very Good
    Average Drawdown % -3.65 -3.63 -7.36 | -2.17 17 | 26 Average
    Sharpe Ratio 0.91 0.79 0.23 | 1.39 8 | 26 Good
    Sterling Ratio 0.70 0.63 0.25 | 0.96 7 | 26 Very Good
    Sortino Ratio 0.45 0.39 0.11 | 0.78 8 | 26 Good
    Jensen Alpha % 1.24 0.11 -4.96 | 5.34 7 | 26 Very Good
    Treynor Ratio 0.06 0.06 0.02 | 0.10 7 | 26 Very Good
    Modigliani Square Measure % 11.31 10.20 4.32 | 15.15 7 | 26 Very Good
    Alpha % 1.51 0.80 -2.85 | 7.70 10 | 26 Good
    Return data last Updated On : Dec. 4, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2025
    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
    04-12-2025 14.467 15.156
    03-12-2025 14.46 15.148
    02-12-2025 14.485 15.174
    01-12-2025 14.511 15.201
    28-11-2025 14.515 15.203
    27-11-2025 14.53 15.218
    26-11-2025 14.534 15.222
    25-11-2025 14.433 15.115
    24-11-2025 14.418 15.1
    21-11-2025 14.438 15.119
    20-11-2025 14.5 15.183
    19-11-2025 14.483 15.164
    18-11-2025 14.451 15.131
    17-11-2025 14.489 15.17
    14-11-2025 14.466 15.144
    13-11-2025 14.461 15.138
    12-11-2025 14.467 15.144
    11-11-2025 14.426 15.101
    10-11-2025 14.389 15.061
    07-11-2025 14.366 15.035
    06-11-2025 14.369 15.038
    04-11-2025 14.413 15.083

    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.