Mirae Asset Balanced Advantage Fund
Direct · Growth ₹15.62
18 Aug 2026
NAV
13.2%
3Y CAGR
13.3%
Weighted CAGR
?
Weighted Mean CAGR
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
6.12
Sharpe
-7.5%
Max Drawdown
?
Max Drawdown
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
0.68%
TER
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.68 L | 13.4% | -6.7% | 28.4% |
| 3 Years | ₹36.00 L | ₹42.58 L | 10.9% | 5.7% | 15.0% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | Category avg |
|---|---|---|
| 1 Year | 13.4% | 11.5% |
| 3 Years | 10.9% | 11.0% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 13.4% | 11.7% | 1.6% | 26.4% | 1.01 | 7.74 | 100% | — | — |
| 3 Years | 13.2% | 13.5% | 10.7% | 15.0% | 6.12 | — | 100% | — | — |
-7.5%
Max Drawdown
5 mo
Drawdown Duration
2 mo
Recovery Time
-1.3%
Avg Drawdown
Calmar Ratio by Duration
1.78
1Y
1.76
3Y