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

15.074 (0.345%)

NAV on October 11, 2024

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 886 cr

Turnover Ratio 292.71%

Expense Ratio 0.49%

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

Returns

1M: 0.80%
1Y: 29.12%
3M: 3.09%
3Y: N/A
6M: 9.44%
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 26.65

P/B Ratio 4.21

Launch Date December 30, 2021

Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR

Avg. Maturity 5.07 years

Yield To Maturity (%) 7.01%

SECTOR WEIGHTINGS (%)

Financial 24.4%

Industrial 4.45%

Technology 11.38%

Basic Materials 5.62%

Consumer Cyclical 20.78%

Utilities Services 5.14%

Healthcare Services 1.63%

Energy Services 9.37%

Communication Services 2.01%

Consumer Defensive 15.23%

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	546.772	32.82%	95,391 cr	0.72%	High
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	25.672	27.60%	4,187 cr	0.73%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	57.270	27.35%	12,690 cr	0.46%	Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	78.660	23.06%	62,051 cr	0.84%	Low

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HDFC Balanced Advantage Fund Direct Plan Growth Option	546.772	32.82%	95,391 cr	0.72%	High
Axis Balanced Advantage Fund Direct Growth	22.660	29.78%	2,577 cr	0.84%	Average
Motilal Oswal Balance Advantage Fund Direct Plan Growth Option	25.011	24.36%	1,315 cr	0.96%	High
Bank of India Balanced Advantage Direct Growth	26.805	23.03%	137 cr	1.41%	High
DSP Dynamic Asset Allocation Fund Direct Growth	30.254	23.02%	3,259 cr	0.71%	Average