Mirae Asset Balanced Advantage Fund
Direct · Growth ₹15.50
06 Jul 2026
NAV
13.4%
3Y CAGR
13.5%
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.
7.31
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.
NA
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 | ₹12.69 L | 13.6% | -6.7% | 28.4% |
| 3 Years | ₹36.00 L | ₹42.77 L | 11.1% | 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 | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 13.6% | 14.5% | 10.8% | -0.9% |
| 3 Years | 11.1% | 11.2% | 11.3% | -0.0% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 13.6% | 12.2% | 1.6% | 26.4% | 1.04 | 8.13 | 100% | — | — |
| 3 Years | 13.4% | 13.6% | 11.0% | 15.0% | 7.31 | — | 100% | — | — |
-7.5%
Max Drawdown
5 mo
Drawdown Duration
2 mo
Recovery Time
-1.3%
Avg Drawdown
Calmar Ratio by Duration
1.81
1Y
1.78
3Y
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +3.56 | 0.56 | 58.9% | 50.8% | 4.5% | -3.4% |
| 3 Years | +4.39 | 0.54 | 57.2% | 47.9% | 11.0% | 6.7% |
| 5 Years | +2.60 | 0.52 | 56.0% | 46.7% | 9.0% | 6.3% |
| 7 Years | +0.91 | 0.52 | 56.0% | 46.7% | 6.4% | 4.5% |
| 10 Years | -0.32 | 0.52 | 56.0% | 46.7% | 4.4% | 3.1% |
| 12 Years | -0.79 | 0.52 | 56.0% | 46.7% | 3.7% | 2.6% |
| 15 Years | -1.26 | 0.52 | 56.0% | 46.7% | 2.9% | 2.1% |