Mirae Asset Balanced Advantage Fund Direct-Growth
Hybrid: Dynamic Asset Allocation - Growth (Open ended)
SEBI Riskometer: Very HighCategory: Hybrid: Dynamic Asset AllocationBenchmark: NIFTY 50 Hybrid Composite Debt 50:50 IndexCheck Portfolio Overlap →
NAV: ₹14.93-0.69%
23 Oct 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for Mirae Asset Balanced Advantage Fund Direct-Growth.
Market Cap Distribution
Large Cap (70.4%)
Mid Cap (11.5%)
Small Cap (18.1%)
Historical Asset Allocation
| Asset | 30 Sep 2026 | 31 Aug 2026 | 31 Jul 2026 | 30 Jun 2026 | 31 May 2026 | 30 Apr 2026 |
|---|---|---|---|---|---|---|
| Equity | 56.40% | 57.35% | 56.60% | 56.51% | 53.95% | 55.26% |
| Debt | 29.37% | 26.57% | 26.49% | 27.72% | 27.31% | 26.91% |
| Others (incl. cash) | 14.23% | 16.08% | 16.91% | 15.78% | 18.74% | 17.83% |
| Commodities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Portfolio Snapshot
No. of Securities
133
P/E Ratio
23.06
P/B Ratio
3.42
Top Holding %
14.23%
Top 5 Holdings %
28.61%
Top 10 Holdings %
40.96%
Modified Duration
2.96 yrs
Avg. Maturity
3.97 yrs
Yield to Maturity
6.63%
AUM
₹2,109 Cr
Expense Ratio
0.98%
Since Inception
10.01%
Max Drawdown
-0.08%
Sharpe Ratio
0.50
Top Portfolio Holdings by Weight
Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.
| Instrument | Sector | No. of Shares | Value (Rs. Cr) | Weight | Change |
|---|---|---|---|---|---|
| HDFC Bank Ltd. | Financial | 13,97,764 | 99.06 | 4.70% | 0.13%↑ |
| ICICI Bank Ltd. | Financial | 5,62,173 | 74.3 | 3.52% | -0.25%↓ |
| Bharti Airtel Ltd. | Communication | 3,38,887 | 59.54 | 2.82% | -0.01%↓ |
| Reliance Industries Ltd. | Energy | 4,84,084 | 57.46 | 2.72% | -0.13%↓ |
| State Bank of India | Financial | 5,80,224 | 55.67 | 2.64% | -0.20%↓ |
| Axis Bank Ltd. | Financial | 2,98,800 | 36.63 | 1.74% | 0.12%↑ |
| Mahindra & Mahindra Ltd. | Automobile | 1,09,017 | 32.16 | 1.52% | -0.12%↓ |
| Tata Steel Ltd. | Metals & Mining | 16,42,725 | 30.28 | 1.44% | 0.04%↑ |
| SBI Life Insurance Company Ltd. | Insurance | 1,72,716 | 29.3 | 1.39% | 0.00%↑ |
| Laurus Labs Ltd. | Healthcare | 1,31,705 | 26.08 | 1.24% | 0.07%↑ |
| TD Power Systems Ltd. | Capital Goods | 3,21,096 | 25.24 | 1.20% | 0.05%↑ |
| Shriram Finance Ltd | Financial | 2,52,162 | 24.78 | 1.17% | -0.19%↓ |
| Kotak Mahindra Bank Ltd. | Financial | 5,68,585 | 23.71 | 1.12% | -0.19%↓ |
| Larsen & Toubro Ltd. | Construction | 62,320 | 23.43 | 1.11% | -0.05%↓ |
| Eternal Ltd. | Services | 6,96,128 | 22.28 | 1.06% | 0.00%↑ |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1,21,633 | 22.1 | 1.05% | -0.07%↓ |
| Titan Company Ltd. | Consumer Discretionary | 46,825 | 21.48 | 1.02% | -0.08%↓ |
| Maruti Suzuki India Ltd. | Automobile | 17,331 | 20.74 | 0.98% | -0.10%↓ |
| Adani Ports and Special Economic Zone Ltd. | Services | 1,11,593 | 20.07 | 0.95% | 0.13%↑ |
| TVS Motor Company Ltd. | Automobile | 48,662 | 19.98 | 0.95% | -0.03%↓ |
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Sector-wise Portfolio Allocation
Equity exposure by sector as a percentage of total net assets, tracked across recent portfolio dates. Identifies concentration risk and sector rotation trends in the fund's holdings.
| Sector | 30 Sep 2026 | 31 Aug 2026 | 31 Jul 2026 | 30 Jun 2026 | 31 May 2026 | 30 Apr 2026 |
|---|---|---|---|---|---|---|
| Financial | 16.47% | 17.33% | 17.28% | 17.54% | 16.13% | 16.76% |
| Healthcare | 6.14% | 5.87% | 5.84% | 5.92% | 4.86% | 4.70% |
| Services | 5.74% | 5.08% | 4.76% | 4.76% | 4.84% | 5.03% |
| Energy | 4.50% | 4.92% | 5.27% | 5.43% | 4.72% | 4.68% |
| Automobile | 4.25% | 4.24% | 4.66% | 4.23% | 4.09% | 4.01% |
| Capital Goods | 3.42% | 3.19% | 2.82% | 2.71% | 2.85% | 2.93% |
| Technology | 2.50% | 2.77% | 2.52% | 2.18% | 2.52% | 2.66% |
| Consumer Discretionary | 2.20% | 2.38% | 2.14% | 2.07% | 2.00% | 1.99% |
| Communication | 2.18% | 2.17% | 2.56% | 2.46% | 2.51% | 2.74% |
| Metals & Mining | 2.00% | 2.02% | 1.96% | 1.98% | 1.82% | 1.87% |
| Materials | 1.76% | 1.82% | 1.90% | 1.89% | 1.93% | 1.98% |
| Consumer Staples | 1.76% | 1.74% | 1.54% | 1.72% | 1.90% | 2.04% |
| Insurance | 1.08% | 1.42% | 1.13% | 1.30% | 1.25% | 1.27% |
| Chemicals | 0.99% | 0.96% | 0.56% | 0.50% | 0.54% | 0.55% |
| Construction | 0.98% | 1.02% | 1.24% | 1.82% | 1.99% | 2.03% |
| Textiles | 0.44% | 0.41% | 0.41% | - | - | - |
Debt Holdings — Credit Quality Profile
Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.
| Rating | Fund | Category |
|---|---|---|
| AAA | 11.54% | 8.73% |
| Cash | 9.78% | 4.49% |
| SOV | 9.46% | 7.34% |
| AA+ | 6.09% | 1.76% |
| Cash & Call Money | 4.45% | 8.10% |
| AA | 1.18% | 0.88% |
| A1+ | 1.10% | 1.87% |
| A | - | 0.01% |
| A+ | - | 0.04% |
| A- | - | 0.10% |
| AA- | - | 0.24% |
| BBB+ | - | 0.06% |
| Others | - | 0.26% |
| Term Deposits | - | 0.02% |
Equity Insights
A detailed look at the equity holdings of this scheme — aggregated scores on value, momentum, quality parameters along with diversification and performance analysis.
Style Analysis
Value score
55.1 / 100
Weighted average Value score is 55.1. This indicates that portfolio is relatively reasonably valued using composite of value measures.
Price Momentum score
58.0 / 100
Weighted average Price Momentum score is 58.0. This indicates that portfolio has average momentum using composite of momentum measures.
Quality score
69.4 / 100
Weighted average Quality score is 69.4. This indicates that portfolio has average quality using composite of quality measures.
QVM score
70.0 / 100
Weighted average QVM score is 70.0. This indicates that portfolio has average QVM score and hence a neutral stance is warranted.
Red Flags
Debt Insights
A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.
SEBI PRC matrix
Credit risk
| Interest risk | |||
|---|---|---|---|
| Low | Moderate | High | |
| Low | |||
| Moderate | |||
| High | |||
Instruments
| Full name | Description | Coupon rate | Maturity | Rating raw | Weight |
|---|---|---|---|---|---|
| GOI | GOI Securities | 7.18% | 14/08/2033 | SOV | 3.34% |
| Torrent Pharmaceuticals Ltd. | Non Convertible Debenture | 7.60% | 19/01/2029 | [ICRA]AA+ | 2.34% |
| Bajaj Housing Finance Ltd. | Non Convertible Debenture | 7.53% | 28/09/2029 | CRISIL AAA | 2.33% |
| Mindspace Business Parks REIT | Non Convertible Debenture | 7.63% | 26/09/2028 | [ICRA]AAA | 2.31% |
| GOI | GOI Securities | 7.10% | 08/04/2034 | SOV | 1.63% |
| GOI | GOI Securities | 6.79% | 07/10/2034 | SOV | 1.52% |
| Tata Capital Housing Finance Ltd. | Debenture | 8.20% | 25/09/2029 | CRISIL AAA | 1.19% |
| Manappuram Finance Ltd. | Debenture | 8.60% | 24/03/2028 | CRISIL AA | 1.18% |
| ICICI Securities Ltd. | Debenture | 7.45% | 24/11/2028 | CRISIL AAA | 1.17% |
| Bajaj Housing Finance Ltd. | Non Convertible Debenture | 7.83% | 18/05/2029 | CRISIL AAA | 1.17% |
| Cholamandalam Financial Holdings Ltd. | Bonds | 7.94% | 20/03/2029 | [ICRA]AA+ | 1.17% |
| Bajaj Finance Ltd. | Non Convertible Debenture | 7.77% | 17/04/2029 | CRISIL AAA | 1.17% |
| Muthoot Finance Ltd. | Non Convertible Debenture | 7.88% | 22/11/2028 | CRISIL AA+ | 1.16% |
| GOI | GOI Securities | 6.54% | 17/01/2032 | SOV | 1.16% |
| National Bank For Agriculture & Rural Development | Bonds | 7.01% | 26-D 16/03/2029 | CRISIL AAA | 1.16% |
| Haryana State | State Development Loan | 7.15% | 30/07/2040 | SOV | 1.11% |
| Sundaram Finance Ltd. | Commercial Paper | 0.00% | 15/09/2027 | CRISIL A1+ | 1.10% |
| Torrent Pharmaceuticals Ltd. | Debenture | 7.45% | 19/01/2028 | [ICRA]AA+ | 0.94% |
| GOI | GOI Securities | 7.26% | 06/02/2033 | SOV | 0.48% |
| Small Industries Devp. Bank of India Ltd. | Bonds | 7.51% | 12/06/2028 | CRISIL AAA | 0.47% |
| Muthoot Finance Ltd. | Debenture | 8.65% | 31/01/2028 | CRISIL AA+ | 0.47% |
| India Infrastructure Finance Company Ltd. | Debenture | 7.56% | 20/03/2028 | IND AAA | 0.38% |
| GOI | GOI Securities | 7.34% | 22/04/2064 | SOV | 0.23% |
| National Bank For Agriculture & Rural Development | Bonds | 7.64% | 06/12/2029 | [ICRA]AAA | 0.19% |
Frequently Asked Questions
What are the top holdings of Mirae Asset Balanced Advantage Fund Direct-Growth?
The top holdings of Mirae Asset Balanced Advantage Fund Direct-Growth as of 30 Sep 2026 are Others (14.23%), HDFC Bank Ltd. (4.70%), ICICI Bank Ltd. (3.52%), GOI (3.34%), Bharti Airtel Ltd. (2.82%). These top 5 stocks together account for 28.61% of the total portfolio. You can view the complete holdings breakdown above.
How many stocks does Mirae Asset Balanced Advantage Fund Direct-Growth hold in its portfolio?
Mirae Asset Balanced Advantage Fund Direct-Growth holds 133 stocks in its portfolio as of 30 Sep 2026. The fund's portfolio size reflects the fund manager's investment approach, a more concentrated portfolio indicates higher conviction bets, while a larger number of holdings suggests a more diversified strategy.
What is the sector allocation of Mirae Asset Balanced Advantage Fund Direct-Growth?
As of 30 Sep 2026, Mirae Asset Balanced Advantage Fund Direct-Growth's top sector allocations are Financial (16.47%), Healthcare (6.14%), Services (5.74%). You can find detailed sector allocation above.
What is the equity and debt allocation of Mirae Asset Balanced Advantage Fund Direct-Growth?
As of 30 Sep 2026, Mirae Asset Balanced Advantage Fund Direct-Growth has 56.40% allocated to equity, and 29.37% to debt. You can also check the historical trends above.
What is the market cap allocation of Mirae Asset Balanced Advantage Fund Direct-Growth?
As of 30 Sep 2026, Mirae Asset Balanced Advantage Fund Direct-Growth's market cap allocation is 70.43% in large caps, 11.46% in mid caps, and 18.11% in small caps.
What is the PE ratio of Mirae Asset Balanced Advantage Fund Direct-Growth's portfolio?
The portfolio PE ratio of Mirae Asset Balanced Advantage Fund Direct-Growth is 23.06 as of 30 Sep 2026. The portfolio PE ratio tells you how expensive or cheap the fund's holdings are relative to their earnings.
What is the credit quality of Mirae Asset Balanced Advantage Fund Direct-Growth?
As of 30 Sep 2026, Mirae Asset Balanced Advantage Fund Direct-Growth's debt portfolio has 11.54% in AAA-rated instruments, 1.18% in AA-rated, and 9.46% in sovereign securities. Higher allocation to AAA and sovereign instruments indicates lower credit risk in the non-equity portion of the portfolio.
When is the latest portfolio disclosure for Mirae Asset Balanced Advantage Fund Direct-Growth?
The latest portfolio disclosure for Mirae Asset Balanced Advantage Fund Direct-Growth is as of 30 Sep 2026. SEBI requires all mutual funds to disclose their complete portfolio holdings on a monthly basis, typically within 10 days of the end of each month.