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

16.142 (-0.244%)

NAV on September 11, 2026

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 917 cr

Turnover Ratio 164.89%

Expense Ratio 0.88%

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

Returns

1M: Negative return: -0.97%
1Y: Positive return: 4.60%
3M: Positive return: 5.34%
3Y: Positive return: 10.80%
6M: Positive return: 6.62%
5Y: N/A

Min Investment 1,000

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ADDITIONAL INFO

Fund Manager Rahul Pal (Since over 4 years) Amit Garg (Since 9 months) Fatema Pacha (Since over 4 years) Neelesh Dhamnaskar (Since 7 months)

ISIN INF174V01BE0

Fund Family Mahindra

P/E Ratio 25.87

P/B Ratio 3.19

Launch Date December 30, 2021

Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR

Avg. Maturity 2.82 years

Yield To Maturity (%) 7.26%

SECTOR WEIGHTINGS (%)

Financial 32.49%

Industrial 10.58%

Technology 5.41%

Basic Materials 3.73%

Consumer Cyclical 14.03%

Utilities Services 2.77%

Healthcare Services 13.33%

Energy Services 6.33%

Communication Services 4.54%

Consumer Defensive 2.12%

Real Estate 4.65%

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.

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Top Rated
Top Performing

Top Dynamic Asset Allocation Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Edelweiss Balanced Advantage Fund Direct Plan Growth	₹ 61.050	5.46%	₹ 13,445 cr	0.96%	Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	₹ 87.520	4.39%	₹ 75,399 cr	1.05%	Low
HDFC Balanced Advantage Fund Direct Plan Growth Option	₹ 561.377	0.39%	₹ 107,296 cr	0.76%	Above Average
Quant Dynamic Asset Allocation Fund Direct Growth	₹ 17.127	0.18%	₹ 880 cr	1.56%	High

Best 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	₹ 129.480	6.70%	₹ 10,125 cr	0.59%	Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	₹ 61.050	5.46%	₹ 13,445 cr	0.96%	Average
Bandhan Balanced Advantage Direct Growth	₹ 29.590	5.08%	₹ 2,260 cr	0.66%	Below Average
Bank of India Balanced Advantage Direct Growth	₹ 28.202	4.92%	₹ 178 cr	1.05%	Above Average
Mahindra Manulife Balanced Advantage Fund Direct Growth	₹ 16.142	4.60%	₹ 917 cr	0.88%	Above Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	₹ 87.520	4.39%	₹ 75,399 cr	1.05%	Low
Axis Balanced Advantage Fund Direct Growth	₹ 23.990	2.52%	₹ 3,836 cr	1.07%	Average