Mirae Asset Balanced Advantage Fund is a Growth Hybrid mutual fund managed by Mirae Asset Mutual Fund.

The current NAV of Mirae Asset Balanced Advantage Fund is ₹14.64 as of Jul 20.

You can invest in Mirae Asset Balanced Advantage Fund directly on share.market by searching for the fund, selecting your preferred mode (SIP or Lumpsum), and completing your KYC-verified investment in a few steps.

The minimum SIP amount for Mirae Asset Balanced Advantage Fund is ₹99.

The expense ratio of Mirae Asset Balanced Advantage Fund is 2.28%.

Mirae Asset Balanced Advantage Fund has an exit load as follows: exit Load for units in excess of 15% of the investment,1% will be charged for redemption within 180 Days.

The taxation of Mirae Asset Balanced Advantage Fund depends entirely on its underlying allocation to domestic equities. Aggressive Hybrids (Equity ≥ 65%) are taxed exactly like equity funds: 20% STCG if held ≤ 12 months; 12.5% LTCG if held > 12 months. Conservative Hybrids (Equity ≤ 35%) are taxed exactly like debt funds: all gains taxed at your income tax slab rate. For hybrid funds with equity exposure between 35% and 65%, the minimum holding period to qualify for LTCG is more than 24 months, with gains taxed at a flat 12.5%. Anything less than 24 months is deemed as STCG and taxed at applicable income tax slab rates. For units purchased prior to 1 April 2023: LTCG - 12.5% (if held for 24 months); STCG - Slab rate. The information set out above is included for general information purposes only and does not constitute legal, financial or tax advice. Tax laws are complex and subject to frequent amendments by the Government of India. In view of the individual nature of the tax consequences, each investor is advised to consult his or her own tax consultant with respect to specific tax implications arising out of their participation in the mutual fund scheme.