The Current NAV of Mirae Asset Balanced Advantage Fund - Growth - Direct Plan is ₹15.10.

It is better to invest in a fund with a longer track record as Mirae Asset Balanced Advantage Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns likely to be fairly different than its benchmark NIFTY 50 , as Funds portfolio is somewhat different.

Mirae Asset Balanced Advantage Fund - Growth - Direct Plan fund’s expense ratio is 0.68%

The process for redemption is

• Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
• You will get information about the redemption and the NAV at which redeemed.
• The amount will be deposited in the designated bank account.

The AUM of Mirae Asset Balanced Advantage Fund - Growth - Direct Plan is currently ₹1,940 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and Bharti Airtel and account for 12% of its portfolio. Top 5 and 10 stocks of fund account for 17% and 25% of fund’s portfolio respectively.

Top three sectors of Mirae Asset Balanced Advantage Fund - Growth - Direct Plan fund are Others, BFSI and Construction & Infrastructure accounting for 56% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Dynamic Asset Allocation it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Mirae Asset Balanced Advantage Fund - Growth - Direct Plan Fund is Hybrid - Dynamic Asset Allocation.

Harshad Borawake and Basant Bafna manage the Mirae Asset Balanced Advantage Fund - Growth - Direct Plan Fund.

Mirae Asset Balanced Advantage Fund - Growth - Direct Plan current PE ratio is 30.30 and PB ratio is 5.31

The asset allocation of Mirae Asset Balanced Advantage Fund - Growth - Direct Plan is Stocks : 67.50%, Debt : 32.51% and Gold : 0%

The minimum SIP amount for Mirae Asset Balanced Advantage Fund - Growth - Direct Plan is ₹99.00 and minimum lumpsum is ₹5000.00

The exit load for Mirae Asset Balanced Advantage Fund - Growth - Direct Plan is 1% on or before 6 months (180 days), Nil after 6 months (180 days)