Item: Mahindra Manulife Balanced Advantage Fund Direct Growth
Rating: 4
Author: Morningstar

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

15.342 (-1.357%)

NAV on March 04, 2026

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 913 cr

Turnover Ratio 309.13%

Expense Ratio 0.55%

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

Returns

1M: -2.32%
1Y: 11.18%
3M: -1.95%
3Y: 14.52%
6M: 0.47%
5Y: N/A

Min Investment 1,000

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ADDITIONAL INFO

Fund Manager Rahul Pal (Since about 4 years) Amit Garg (Since 2 months) Fatema Pacha (Since about 4 years) Neelesh Dhamnaskar (Since 18 days)

ISIN INF174V01BE0

Fund Family Mahindra

P/E Ratio 22.77

P/B Ratio 3.09

Launch Date December 30, 2021

Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR

Avg. Maturity 4.59 years

Yield To Maturity (%) 6.92%

SECTOR WEIGHTINGS (%)

Financial 36.81%

Industrial 8.85%

Technology 8.41%

Basic Materials 10.08%

Consumer Cyclical 7.85%

Utilities Services 1.61%

Healthcare Services 12.35%

Energy Services 4.71%

Communication Services 6.74%

Consumer Defensive 0.78%

Real Estate 1.80%

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
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option	122.060	13.28%	8,899 cr	0.67%	Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	84.670	13.16%	70,343 cr	0.86%	Low
SBI Balanced Advantage Fund Direct Growth	16.431	12.19%	40,203 cr	0.72%	Low
Edelweiss Balanced Advantage Fund Direct Plan Growth	58.460	11.89%	13,116 cr	0.48%	Average
HDFC Balanced Advantage Fund Direct Plan Growth Option	559.596	10.82%	106,821 cr	0.76%	Above Average