MIRAE ASSET
BALANCED ADVANTAGE FUND - (MABAF)$

(Balanced Advantage Fund - An open-ended Dynamic Asset Allocation Fund)
Details as on August 30, 2022
Type of Scheme Balanced Advantage Fund - An open-ended Dynamic Asset Allocation Fund
Investment Objective The investment objective of the scheme is to capitalize on the potential upside of equities while attempting to limit the downside by dynamically managing the portfolio through investment in equity & equity related instruments and active use of debt, money market instruments and derivatives. However, there is no assurance or guarantee that the investment objective of the scheme will be realized.
Fund Managers**
Mr. Harshad Borawake (Equity portion) (since August 12, 2022) and
Mr. Mahendra Jajoo (Debt portion) (since August 12, 2022)
Allotment Date 12th August, 2022
Benchmark Index Nifty 50 Hybrid Composite Debt 50:50 Index
Minimum Investment
Amount
₹ 5,000/- (multiples of ₹ 1/- thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹ 1/- thereafter.
Systematic Investment
Plan (SIP)
(Any Date SIP is available from 1st July, 2019)
Monthly and Quarterly: ₹ 1,000/- (multiples of ₹ 1/- thereafter), minimum 5 in case of Monthly or 3 in case of Quarterly option.
Load Structure
Entry load: NA
Exit load:
I. For investors who have opted for SWP under the plan:
a) 15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: Nil.
b) Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO):
•If redeemed within 1 year (365 days) from the date of allotment: 1%
•If redeemed after 1 year (365 days) from the date of allotment: NIL
II. Other Redemptions: For Investors who have not opted for SWP under the plan (including Switch out, STP out):
•If redeemed within 1 year (365 days) from the date of allotment: 1%
•If redeemed after 1 year (365 days) from the date of allotment: NIL
Plans Available Regular Plan and Direct Plan
Options Available Growth Option and IDCW^ Option (Payout & Re-investment)
Monthly Average AUM (₹ Cr.) as on July 31, 2022 521.29
Net AUM
(₹ Cr.)
793.51
Monthly Avg. Expense Ratio
(Including Statutory Levies)
as on August 31, 2022
Regular Plan: 2.37%
Direct Plan: 0.83%
**For experience of Fund Managers Click Here
^Pursuant to Notice cum addendum dated March 27, 2021 the nomenclature of dividend option has been changed w.e.f. April 01, 2021.
NAV: Direct Regular
Growth ₹ 10.032 ₹ 10.024
IDCW^ ₹ 10.032 ₹ 10.022
Weighted Average Maturity 
4.45 Years
Modified Duration 
3.53 Years
Macaulay Duration
3.78 Years
Yield to Maturity 
7.13%
Portfolio Holdings % Allocation
Banks
ICICI Bank Ltd 5.01%
HDFC Bank Ltd 4.59%
State Bank of India 2.70%
Axis Bank Ltd 1.80%
Kotak Mahindra Bank Ltd 1.72%
IndusInd Bank Ltd 0.65%
Bank of Baroda 0.12%
IT - Software
Infosys Ltd 2.71%
HCL Technologies Limited 1.33%
Tata Consultancy Services Ltd 1.29%
MindTree Limited 0.42%
MphasiS Limited 0.19%
Tech Mahindra Limited 0.11%
Wipro Ltd 0.08%
Petroleum Products
Reliance Industries Ltd 4.09%
Bharat Petroleum Corporation Limited 0.46%
Finance
Bajaj Finance Limited 1.28%
SBI Cards and Payment Services Limited 0.94%
Shriram City Union Finance Limited 0.72%
Housing Development Finance Corporation Ltd 0.63%
CreditAccess Grameen Limited 0.20%
Automobiles
Maruti Suzuki India Ltd 1.61%
Mahindra & Mahindra Limited 0.66%
TVS Motor Company Ltd 0.58%
Tata Motors Limited 0.55%
Hero MotoCorp Limited 0.04%
Pharmaceuticals & Biotechnology
Sun Pharmaceutical Industries Ltd 1.59%
Aurobindo Pharma Ltd 0.59%
Cipla Limited 0.37%
Gland Pharma Limited 0.36%
JB Chemicals & Pharmaceuticals Limited 0.26%
Abbott India Limited 0.02%
Consumer Durables
Asian Paints Ltd 1.26%
Crompton Greaves Consumer Electricals Limited 0.49%
Havells India Ltd 0.36%
Titan Company Ltd 0.31%
Bata India Limited 0.28%
Greenply Industries Limited 0.23%
Kajaria Ceramics Ltd 0.07%
Personal Products
Dabur India Ltd 1.50%
Emami Limited 0.75%
Marico Limited 0.50%
Insurance
SBI Life Insurance Company Limited 1.08%
ICICI Lombard General Insurance Company Limited 0.47%
HDFC Life Insurance Company Ltd 0.45%
Max Financial Services Ltd 0.43%
Diversified FMCG
ITC Ltd 1.47%
Hindustan Unilever Ltd 0.78%
Power
NTPC Ltd 1.32%
Tata Power Company Limited 0.64%
Construction
Larsen & Toubro Ltd 1.83%
Auto Components
Sona BLW Precision Forgings Limited 0.60%
CEAT Limited 0.41%
Craftsman Automation Limited 0.38%
S.J.S. Enterprises Limited 0.14%
Telecom - Services
Bharti Airtel Ltd 1.40%
Ferrous Metals
Tata Steel Ltd 0.91%
JSW Steel Limited 0.24%
Chemicals & Petrochemicals
SRF Limited 0.60%
Tata Chemicals Ltd 0.53%
Retailing
Trent Limited 0.64%
Zomato Limited 0.44%
Cement & Cement Products
UltraTech Cement Limited 0.65%
JK Cement Limited 0.36%
Aerospace & Defense
Bharat Electronics Ltd 0.68%
MTAR Technologies Limited 0.26%
Non - Ferrous Metals
Hindalco Industries Limited 0.86%
Leisure Services
Westlife Development Limited 0.47%
Jubilant Foodworks Limited 0.38%
Healthcare Services
Krishna Institute Of Medical Sciences Limited 0.48%
Apollo Hospitals Enterprise Limited 0.26%
Capital Markets
Indian Energy Exchange Ltd 0.73%
Transport Infrastructure
Adani Ports and Special Economic Zone Limited 0.66%
Diversified Metals
Vedanta Limited 0.66%
Beverages
United Spirits Limited 0.19%
United Breweries Limited 0.13%
Realty
DLF Limited 0.30%
Agricultural, Commercial & Construction Vehicles
Ashok Leyland Limited 0.27%
Transport Services
Gateway Distriparks Limited 0.26%
Food Products
Britannia Industries Ltd 0.26%
Consumable Fuels
Coal India Ltd 0.17%
Textiles & Apparels
Page Industries Ltd 0.13%
Equity Holding Total 66.31%
Equity Futures
Abbott India Ltd September 2022 Future -0.02%
Hero MotoCorp Ltd September 2022 Future -0.04%
Wipro Ltd September 2022 Future -0.08%
Tech Mahindra Ltd September 2022 Future -0.11%
United Breweries Ltd September 2022 Future -0.13%
Coal India Ltd September 2022 Future -0.17%
United Spirits Ltd September 2022 Future -0.19%
MphasiS Ltd September 2022 Future -0.19%
SBI Cards and Payment Services Ltd September 2022 Future -0.20%
JSW Steel Ltd September 2022 Future -0.24%
Britannia Industries Ltd September 2022 Future -0.26%
Apollo Hospitals Enterprise Ltd September 2022 Future -0.26%
Ashok Leyland Ltd September 2022 Future -0.27%
DLF Ltd September 2022 Future -0.30%
Cipla Ltd September 2022 Future -0.38%
Jubilant Foodworks Ltd September 2022 Future -0.38%
Hindustan Unilever Ltd September 2022 Future -0.39%
SRF Ltd September 2022 Future -0.42%
SBI Life Insurance Company Ltd September 2022 Future -0.44%
HDFC Life Insurance Company Ltd September 2022 Future -0.45%
Tata Chemicals Ltd September 2022 Future -0.53%
Hindalco Industries Ltd September 2022 Future -0.57%
Tata Steel Ltd September 2022 Future -0.62%
State Bank of India September 2022 Future -0.63%
HDFC Bank Ltd September 2022 Future -0.63%
Housing Development Finance Corporation Ltd September 2022 Future -0.63%
Sun Pharmaceutical Industries Ltd September 2022 Future -0.63%
Maruti Suzuki India Ltd September 2022 Future -0.64%
Trent Ltd September 2022 Future -0.65%
Tata Power Company Ltd September 2022 Future -0.65%
ICICI Bank Ltd September 2022 Future -0.65%
UltraTech Cement Ltd September 2022 Future -0.65%
NTPC Ltd September 2022 Future -0.65%
Larsen & Toubro Ltd September 2022 Future -0.66%
IndusInd Bank Ltd September 2022 Future -0.66%
Mahindra & Mahindra Ltd September 2022 Future -0.66%
ITC Ltd September 2022 Future -0.66%
Vedanta Ltd September 2022 Future -0.66%
Adani Ports and Special Economic Zone Ltd September 2022 Future -0.67%
HCL Technologies Ltd September 2022 Future -0.86%
Reliance Industries Ltd September 2022 Future -1.03%
Asian Paints Ltd September 2022 Future -1.26%
Bajaj Finance Ltd September 2022 Future -1.28%
Dabur India Ltd September 2022 Future -1.29%
Kotak Mahindra Bank Ltd September 2022 Future -1.73%
Equity Futures Total -24.49%
Government Bond
7.38% GOI (20/06/2027) 7.68%
6.54% GOI (17/01/2032) 6.02%
Government Bond Total 13.70%
Corporate Bond
7.25% Small Industries Dev Bank of India (31/07/2025) 3.16%
7.4% Housing Development Finance Corporation Ltd (02/06/2025) ** 3.16%
7.38% Cholamandalam Investment and Finance Company Ltd (31/07/2024) ** 3.14%
5.23% National Bank For Agriculture and Rural Development (31/01/2025) ** 3.03%
Corporate Bond Total 12.48%
Certificate of Deposit
Canara Bank (18/08/2023) ** # 2.37%
Certificate of Deposit 2.37%
Cash & Other Receivables Total 29.62%
Total 100.00%

This product is suitable for investors who are seeking*
• To generate long term capital appreciation/income.
• Investments in equity, equity related securities & debt, money market instruments while managing risk through active allocation

*Investors should consult their financial advisers if they are not clear about the suitability of the product.


Past Performance may or may not be sustained in future. Note : Since the scheme is in existence for less than 6 Month, as per SEBI regulation performance of the scheme has not been shown. The performance of other funds managed by the same fund manager is given in the respective page of the schemes