Mirae Asset Balanced Advantage Fund-Reg(G)
- Hybrid
- Dynamic Asset Allocation
- Very High Risk
Fund Overview
- Assets Under Management (AUM)
- ₹2,081.61 Cr
- Expense Ratio
- 1.75%
- Riskometer
- Very High
- Category
- Dynamic Asset Allocation
- Asset Type
- Hybrid
- Benchmark
- NIFTY 50 - TRI
- SIP
- Available
- Switch
- Available
- Inception Date
- 20 Jul 2022
- ISIN
- INF769K01IK2
- Scheme Code
- BARG
- Fund Scheme ID
- 34039
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Performance & Returns
Calculate SIP ReturnsReturns by period
| Period | Trailing Return | Absolute Return | Annualised Return | CAGR |
|---|---|---|---|---|
| 1 Month | -0.57% | -0.57% | -6.77% | -9.85% |
| 3 Months | 3.40% | 3.40% | 13.48% | 14.91% |
| 6 Months | 2.83% | 2.83% | 5.62% | 3.56% |
| 1 Year | 4.86% | 4.86% | 4.86% | 4.84% |
| 3 Years | 9.16% | 30.10% | 10.03% | 9.25% |
| Since Inception | 9.94% | 47.03% | 11.56% | 9.94% |
Past performance is not indicative of future returns.
Portfolio
Asset Allocation
99.99%
- Domestic Equities67.29%
- Corporate Debt16.50%
- Government Securities10.81%
- Cash & Cash Equivalents and Net Assets5.39%
Top Sectors
- Bank17.40%
- G-Sec10.81%
- Finance9.52%
- Healthcare9.48%
- Automobile & Ancillaries6.76%
- Miscellaneous5.34%
- Crude Oil3.61%
- Telecom3.19%
Holdings
Overview of fund allocations across sectors and securities
Bank
Value
₹362.20 Cr
Weightage
17.40%
G-Sec
Value
₹225.02 Cr
Weightage
10.81%
Finance
Value
₹198.17 Cr
Weightage
9.52%
Healthcare
Value
₹197.34 Cr
Weightage
9.48%
Automobile & Ancillaries
Value
₹140.72 Cr
Weightage
6.76%
Miscellaneous
Value
₹111.16 Cr
Weightage
5.34%
Crude Oil
Value
₹75.15 Cr
Weightage
3.61%
Telecom
Value
₹66.40 Cr
Weightage
3.19%
IT
Value
₹52.46 Cr
Weightage
2.52%
Iron & Steel
Value
₹51.42 Cr
Weightage
2.47%
Construction Materials
Value
₹46.42 Cr
Weightage
2.23%
FMCG
Value
₹44.55 Cr
Weightage
2.14%
Insurance
Value
₹43.30 Cr
Weightage
2.08%
Power
Value
₹42.88 Cr
Weightage
2.06%
Retailing
Value
₹42.46 Cr
Weightage
2.04%
Infrastructure
Value
₹39.34 Cr
Weightage
1.89%
Capital Goods
Value
₹35.80 Cr
Weightage
1.72%
Non - Ferrous Metals
Value
₹32.06 Cr
Weightage
1.54%
Logistics
Value
₹29.98 Cr
Weightage
1.44%
Business Services
Value
₹23.73 Cr
Weightage
1.14%
Consumer Durables
Value
₹18.32 Cr
Weightage
0.88%
Diamond & Jewellery
Value
₹16.24 Cr
Weightage
0.78%
Chemicals
Value
₹14.36 Cr
Weightage
0.69%
Realty
Value
₹9.78 Cr
Weightage
0.47%
Trading
Value
₹7.70 Cr
Weightage
0.37%
Aviation
Value
₹6.66 Cr
Weightage
0.32%
Hospitality
Value
₹6.45 Cr
Weightage
0.31%
Ratings
Value
₹5.20 Cr
Weightage
0.25%
Gas Transmission
Value
₹5.00 Cr
Weightage
0.24%
Alcohol
Value
₹2.29 Cr
Weightage
0.11%
Plastic Products
Value
₹1.67 Cr
Weightage
0.08%
Inds. Gases & Fuels
Value
₹1.67 Cr
Weightage
0.08%
Others
Value
₹1.04 Cr
Weightage
0.05%
About
Fund Manager(s)
Mr. Harshad Borawake, Mr. Basant Bafna
Launch Date
20 Jul 2022
Benchmark
NIFTY 50 - TRI
Objective
The investment objective of the scheme is to capitalize on the potential upside of equities whileattempting 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.
RISKOMETER
The riskometer indicates the level of risk associated with the fund based on historical data and portfolio composition.
Exit Load, Stamp Duty and Tax Implication
- Exit load
- 1% on or before 6M (180D), Nil after 6M (180D)
- Stamp duty on investment: 0.005% (from July 1st, 2020)
- from July 1st 2020
- Tax implication
- --
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