A cost effective, balanced mineral feed composition to increase the production, fertility, reproduction and health of dairy animals, the mineral feed composition comprising of calcium about 16.6 to 20%, phosphorous about 9.9 to 10%, copper about 0.25 to 0.27%, zinc about 0.44 to 1.25%, manganese about 00 to 1.25%, and common salt as base, the feeding of which to the dairy animals results, in the reduction in post partum estrous by about 2 to 8.27 days and service period by about 14 to 31 days, and an increase in milk yield and milk fat of the dairy milk by approximately about 7.7 to 28% and 10.6 to 13.1%, respectively. The present invention also provides the cost effective, balanced mineral feed composition as claimed for the different agro climatic regions of the State of Andhra Pradesh.