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

11.661 (-0.454%)

NAV on September 21, 2023

Category Allocation:

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 573 cr

Turnover Ratio 295.00%

Expense Ratio 0.62%

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

Returns

1M: 1.43%
1Y: 12.75%
3M: 5.85%
3Y: N/A
6M: 15.26%
5Y: N/A

Min Investment 1,000

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ADDITIONAL INFO

Fund Manager Rahul Pal (Since over 1 year) Manish Lodha (Since over 1 year) Fatema Pacha (Since over 1 year)

ISIN INF174V01BE0

Fund Family Mahindra

P/E Ratio 19.93

P/B Ratio 2.85

Launch Date December 30, 2021

Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR

Avg. Maturity 3.68 years

Yield To Maturity (%) 7.08%

SECTOR WEIGHTINGS (%)

Financial 34.9%

Industrial 9.45%

Technology 10.42%

Basic Materials 4.37%

Consumer Cyclical 15.31%

Utilities Services 3.46%

Healthcare Services 7.13%

Energy Services 7.43%

Communication Services 2.39%

Consumer Defensive 5.15%

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	406.863	22.58%	61,599 cr	0.84%	High
Tata Balanced Advantage Fund Direct Growth	18.194	12.93%	7,476 cr	0.32%	Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	63.650	11.75%	49,102 cr	0.90%	Below Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	44.740	11.60%	9,395 cr	0.49%	Above Average