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

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

14.842 (0.280%)

NAV on December 23, 2024

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

N/A

Total Assets 904 cr

Turnover Ratio 292.71%

Expense Ratio 0.56%

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

Returns

1M: 0.86%
1Y: 17.02%
3M: -2.70%
3Y: N/A
6M: 4.36%
5Y: N/A

Min Investment 1,000

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ADDITIONAL INFO

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

ISIN INF174V01BE0

Fund Family Mahindra

P/E Ratio 25.03

P/B Ratio 3.45

Launch Date December 30, 2021

Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR

Avg. Maturity -

Yield To Maturity (%) -

SECTOR WEIGHTINGS (%)

Financial 33.38%

Industrial 3.14%

Technology 9.88%

Basic Materials 5.76%

Consumer Cyclical 17.02%

Utilities Services 2.83%

Healthcare Services 4.16%

Energy Services 10.39%

Communication Services 1.98%

Consumer Defensive 11.46%

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	537.734	19.24%	95,570 cr	0.74%	High
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	25.462	17.50%	4,213 cr	0.72%	Above Average
SBI Balanced Advantage Fund Direct Growth	15.110	16.93%	33,187 cr	0.67%	Below Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	55.570	16.04%	12,381 cr	0.51%	Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	77.020	14.12%	60,534 cr	0.87%	Low