Should I invest in Mirae Asset Balanced Advantage Fund Direct Plan?

We don't give personal investment advice. Mirae Asset Balanced Advantage Fund Direct Plan- IDCW is suitable for an investor whose:horizon is 3-5 years — too short for pure equity, too long for pure debtwants a single fund that automatically rebalances between equity and debtis comfortable trading some upside for lower volatility vs a pure equity fundCross-check the numbers above against alternatives before deciding.

Mirae Asset

Mirae Asset Balanced Advantage Fund Direct Plan- IDCW

Latest NAV

₹13.7830

As of

3 Jun 2026

934 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.16%	+0.10%	+0.06	19 / 40	Q2
1W	-1.06%	-1.06%	0.00	20 / 40	Q2
2W	-0.28%	-0.14%	-0.14	25 / 40	Q3
1M	-1.05%	-0.97%	-0.09	20 / 40	Q2
3M	-1.24%	-2.12%	+0.88	16 / 40	Q2
6M	-8.98%	-5.42%	-3.55	33 / 39	Q4
YTD	-9.65%	-5.40%	-4.25	36 / 39	Q4
1Y	-4.66%	-2.89%	-1.77	26 / 39	Q3
2Y	+2.13%	+0.02%	+2.11	13 / 38	Q2
3Y	+8.64%	+6.40%	+2.24	9 / 33	Q2
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+8.78%	+5.66%	+3.12	8 / 40	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-9.65%	-5.55%	-4.10	35 / 38
2025	+9.79%	+2.32%	+7.47	3 / 38
2024	+12.55%	+9.52%	+3.03	4 / 35
2023	+19.62%	+15.43%	+4.19	7 / 31
2022	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+12.74%

35 windows

min -4.7% · max 24.9%

91% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+12.25%

11 windows

min 8.6% · max 14.3%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

8.59%

3-year · annualised

Sharpe ratio

0.25

vs risk-free 6.5%

Sortino ratio

0.38

Downside-only deviation

Max drawdown

-14.40%

Feb 2026 → Mar 2026

% positive months

72.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Balanced Advantage Fund

Scheme	Fund house	NAV	As of
HDFC Balanced Advantage Fund - IDCW Plan - Direct Plan	HDFC	₹42.1540	3 Jun 2026
NIPPON INDIA BALANCED ADVANTAGE FUND - DIRECT Plan - IDCW Option	Nippon India	₹44.6090	3 Jun 2026
SBI Balanced Advantage Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹16.3197	3 Jun 2026
ICICI Prudential Balanced Advantage Fund - Direct Plan - IDCW	ICICI Prudential	₹28.5800	3 Jun 2026
Invesco India Balanced Advantage Fund - Direct Plan - IDCW (Payout / Reinvestment)	Invesco	₹21.5000	3 Jun 2026
BANDHAN Balanced Advantage Fund Direct Plan IDCW	Bandhan	₹15.7720	3 Jun 2026
quant Dynamic Asset Allocation Fund - IDCW Option - Direct Plan	Quant	₹17.2675	3 Jun 2026
Aditya Birla Sun Life Balanced Advantage Fund -DIRECT - IDCW	Aditya Birla Sun Life	₹29.4500	3 Jun 2026
Motilal Oswal Balanced Advantage Fund Direct - Annual IDCW Payout/Reinvestment	Motilal Oswal	₹12.9530	3 Jun 2026
Franklin India Balanced Advantage Fund- IDCW- Direct	Franklin India	₹13.2612	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹13.7830
2 Jun 2026	₹13.8030
1 Jun 2026	₹13.7810
29 May 2026	₹13.8490
27 May 2026	₹13.9480
26 May 2026	₹13.9510
25 May 2026	₹13.9630
22 May 2026	₹13.8630
21 May 2026	₹13.8520
20 May 2026	₹13.8530

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Mirae Asset Balanced Advantage Fund Direct Plan- IDCW is ₹13.7830. It's a Balanced Advantage Fund from Mirae Asset, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Mirae Asset Balanced Advantage Fund Direct Plan- IDCW has NAV history starting from 12 Aug 2022, a track record of about 3 years 9 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

Mirae Asset Balanced Advantage Fund Direct Plan- IDCW is managed by Mirae Asset. It's classified by AMFI under the 'Balanced Advantage Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mirae Asset Balanced Advantage Fund Direct Plan- IDCW has delivered a absolute return of -4.66% — -1.77 pp behind the Balanced Advantage Fund category average of -2.89%. The fund ranks #26 of 39 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Mirae Asset Balanced Advantage Fund Direct Plan- IDCW has delivered a CAGR of 8.64% — +2.24 pp ahead of the Balanced Advantage Fund category average of 6.40%. The fund ranks #9 of 33 in its category — the second (Q2) quartile.

Mirae Asset Balanced Advantage Fund Direct Plan- IDCW doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in Mirae Asset Balanced Advantage Fund Direct Plan- IDCW exactly 3 years ago would be worth approximately ₹128,221 today — a multiplier of 1.28×, based on the 3-year CAGR of 8.64%. The category average over the same window would have grown ₹1 lakh to ₹120,452.

A ₹10,000 monthly SIP in Mirae Asset Balanced Advantage Fund Direct Plan- IDCW over the last 3 years — total invested ₹360,000 — would be worth ₹373,813 today. That's an XIRR (money-weighted annualised return) of 2.46%.

Mirae Asset Balanced Advantage Fund Direct Plan- IDCW doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹373,813 — XIRR 2.46%.

On a 3-year basis, Mirae Asset Balanced Advantage Fund Direct Plan- IDCW ranks #9 out of 33 funds in the Balanced Advantage Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 6.40%; this fund delivered 8.64%.

The worst peak-to-trough decline Mirae Asset Balanced Advantage Fund Direct Plan- IDCW has experienced over the last 3-year window is 14.40% — its NAV fell from a high on 11 Feb 2026 to a low on 30 Mar 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, Mirae Asset Balanced Advantage Fund Direct Plan- IDCW averaged 12.25% (best 14.35%, worst 8.64%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.25 — weak risk-adjusted performance.

In calendar year 2025, Mirae Asset Balanced Advantage Fund Direct Plan- IDCW returned 9.79% — beating the Balanced Advantage Fund category average of 2.32% by 7.47 pp. It ranked #3 of 38 in its category that year.

Mirae Asset Balanced Advantage Fund Direct Plan- IDCW is a Hybrid scheme. Tax treatment follows its actual equity allocation as disclosed by the AMC: at least 65% equity behaves like an equity fund (12.5% LTCG over 12 months, 20% STCG); 35-65% equity often gets an equity-style treatment with a 24-month threshold; under 35% equity is taxed at slab rate like a debt fund. Check the AMC's latest factsheet for the current classification.

We don't give personal investment advice. Mirae Asset Balanced Advantage Fund Direct Plan- IDCW is suitable for an investor whose:

horizon is 3-5 years — too short for pure equity, too long for pure debt
wants a single fund that automatically rebalances between equity and debt
is comfortable trading some upside for lower volatility vs a pure equity fund

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.