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

14.353 (-0.425%)

NAV on January 22, 2025

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Moderate Sensitivity
High Quality

Total Assets 908 cr

Turnover Ratio 292.71%

Expense Ratio 0.43%

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

Returns

1M: -3.02%
1Y: 9.97%
3M: -2.41%
3Y: 12.91%
6M: -1.65%
5Y: N/A

Min Investment 1,000

Buy Now Start SIP

ADDITIONAL INFO

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

ISIN INF174V01BE0

Fund Family Mahindra

P/E Ratio 26.10

P/B Ratio 3.50

Launch Date December 30, 2021

Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR

Avg. Maturity 7.34 years

Yield To Maturity (%) 7.18%

SECTOR WEIGHTINGS (%)

Financial 32.08%

Industrial 3.86%

Technology 10.42%

Basic Materials 5.65%

Consumer Cyclical 19.68%

Utilities Services 2.37%

Healthcare Services 6.15%

Energy Services 11.50%

Communication Services 1.77%

Consumer Defensive 6.51%

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	525.062	12.53%	95,521 cr	0.75%	High
SBI Balanced Advantage Fund Direct Growth	15.027	12.05%	33,202 cr	0.70%	Below Average
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	24.585	11.67%	4,221 cr	0.77%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	54.200	10.97%	12,428 cr	0.52%	Average
Mahindra Manulife Balanced Advantage Fund Direct Growth	14.353	9.97%	908 cr	0.43%	Average