Item: Mahindra Manulife Balanced Advantage Fund Direct Growth
Rating: 5
Author: Morningstar

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

15.679 (-0.176%)

NAV on October 24, 2025

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

N/A

Total Assets 912 cr

Turnover Ratio 309.13%

Expense Ratio 0.52%

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

Returns

1M: 1.52%
1Y: 6.53%
3M: 0.58%
3Y: 15.15%
6M: 5.36%
5Y: N/A

Min Investment 1,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Rahul Pal (Since almost 4 years) Manish Lodha (Since almost 4 years) Fatema Pacha (Since almost 4 years)

ISIN INF174V01BE0

Fund Family Mahindra

P/E Ratio 22.86

P/B Ratio 3.22

Launch Date December 30, 2021

Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR

Avg. Maturity 4.48 years

Yield To Maturity (%) 6.72%

SECTOR WEIGHTINGS (%)

Financial 33.9%

Industrial 9.45%

Technology 10.0%

Basic Materials 6.59%

Consumer Cyclical 9.11%

Utilities Services 2.0%

Healthcare Services 12.64%

Energy Services 5.36%

Communication Services 5.84%

Consumer Defensive 2.06%

Real Estate 3.06%

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
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	85.590	10.51%	66,751 cr	0.86%	Low
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option	123.760	8.79%	8,371 cr	0.67%	Average
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	27.242	8.26%	4,362 cr	0.74%	High
Mahindra Manulife Balanced Advantage Fund Direct Growth	15.679	6.53%	912 cr	0.52%	Above Average
HDFC Balanced Advantage Fund Direct Plan Growth Option	572.876	6.01%	103,041 cr	0.74%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	59.360	5.75%	12,899 cr	0.53%	Above Average

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	85.590	10.51%	66,751 cr	0.86%	Low
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option	123.760	8.79%	8,371 cr	0.67%	Average
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	27.242	8.26%	4,362 cr	0.74%	High
DSP Dynamic Asset Allocation Fund Direct Growth	32.340	7.94%	3,532 cr	0.67%	Low
SBI Balanced Advantage Fund Direct Growth	16.387	7.20%	37,457 cr	0.74%	Low
Axis Balanced Advantage Fund Direct Growth	23.920	6.98%	3,591 cr	0.75%	Average
HDFC Balanced Advantage Fund Direct Plan Growth Option	572.876	6.01%	103,041 cr	0.74%	Above Average