Item: Mahindra Manulife Balanced Advantage Fund Direct Growth
Rating: 5
Author: Morningstar

Home › Mutual Funds › Mahindra Mutual Fund › Mahindra Manulife Balanced Advantage Fund Direct Growth

14.392 (-0.325%)

NAV on March 28, 2025

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 843 cr

Turnover Ratio 292.71%

Expense Ratio 0.62%

Exit Load 1.00%if redeemed within
3 Months0.00%if redeemed after 3 Months

Returns

1M: 4.22%
1Y: 6.40%
3M: -3.16%
3Y: 13.13%
6M: -5.76%
5Y: N/A

Min Investment 1,000

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ADDITIONAL INFO

Fund Manager Rahul Pal (Since over 3 years) Manish Lodha (Since over 3 years) Fatema Pacha (Since over 3 years)

ISIN INF174V01BE0

Fund Family Mahindra

P/E Ratio 23.01

P/B Ratio 3.41

Launch Date December 30, 2021

Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR

Avg. Maturity 6.39 years

Yield To Maturity (%) 6.99%

SECTOR WEIGHTINGS (%)

Financial 35.66%

Industrial 3.09%

Technology 7.04%

Basic Materials 6.58%

Consumer Cyclical 18.37%

Utilities Services 2.23%

Healthcare Services 6.96%

Energy Services 12.84%

Communication Services 4.82%

Consumer Defensive 2.41%

Real Estate 0.00%

INVESTMENT OBJECTIVE

The investment objective of the Scheme is to provide capital appreciation and generate income through a dynamic mix of equity, debt and money market instruments. The Scheme seeks to reduce the volatility by diversifying the assets across equity, debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
HDFC Balanced Advantage Fund Direct Plan Growth Option	528.953	9.27%	90,375 cr	0.81%	Above Average
SBI Balanced Advantage Fund Direct Growth	15.201	8.31%	32,530 cr	0.81%	Low
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	24.739	8.30%	3,833 cr	0.77%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	54.790	7.62%	11,697 cr	0.52%	Average
Mahindra Manulife Balanced Advantage Fund Direct Growth	14.392	6.40%	843 cr	0.62%	Average

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
DSP Dynamic Asset Allocation Fund Direct Growth	30.234	13.93%	3,186 cr	0.73%	Low
Axis Balanced Advantage Fund Direct Growth	22.330	12.49%	2,625 cr	0.79%	Average
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option	113.400	11.47%	6,988 cr	0.76%	Average
HDFC Balanced Advantage Fund Direct Plan Growth Option	528.953	9.27%	90,375 cr	0.81%	Above Average
Invesco India Balanced Advantage Fund Direct Plan Growth	60.160	8.63%	919 cr	0.8%	Average
SBI Balanced Advantage Fund Direct Growth	15.201	8.31%	32,530 cr	0.81%	Low
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	24.739	8.30%	3,833 cr	0.77%	Above Average