Item: Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Rating: Unrated
Author: Morningstar

Home › Mutual Funds › Mahindra Mutual Fund › Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl

12.209 (0.374%)

NAV on December 01, 2023

Category Allocation:

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 557 cr

Turnover Ratio 295.00%

Expense Ratio 0.63%

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

Returns

1M: 6.64%
1Y: 14.16%
3M: 4.55%
3Y: N/A
6M: 14.31%
5Y: N/A

Min Investment 1,000

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ADDITIONAL INFO

Fund Manager Rahul Pal (Since almost 2 years) Manish Lodha (Since almost 2 years) Fatema Pacha (Since almost 2 years)

ISIN INF174V01BG5

Fund Family Mahindra

P/E Ratio 16.71

P/B Ratio 2.53

Launch Date December 30, 2021

Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR

Avg. Maturity 4.24 years

Yield To Maturity (%) 7.31%

SECTOR WEIGHTINGS (%)

Financial 26.61%

Industrial 4.97%

Technology 11.93%

Basic Materials 7.14%

Consumer Cyclical 15.39%

Utilities Services 6.76%

Healthcare Services 6.76%

Energy Services 12.22%

Communication Services 2.24%

Consumer Defensive 5.98%

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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

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	433.436	23.66%	63,981 cr	0.83%	High
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	65.990	13.09%	49,871 cr	0.90%	Below Average
Tata Balanced Advantage Fund Direct Growth	18.666	12.19%	7,605 cr	0.32%	Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	46.400	12.19%	9,338 cr	0.48%	Above Average

Best Arbitrage Fund Funds

NAME		LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Quant Dynamic Asset Allocation Fund Direct Growth		12.430	—	326 cr	0.77%	-

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Motilal Oswal Balance Advantage Fund Direct Plan Growth Option	20.900	24.87%	786 cr	1.15%	Above Average
HDFC Balanced Advantage Fund Direct Plan Growth Option	433.436	23.66%	63,981 cr	0.83%	High
Tata Balanced Advantage Fund Direct Growth	18.666	12.19%	7,605 cr	0.32%	Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	46.400	12.19%	9,338 cr	0.48%	Above Average

Other plans of Mahindra Manulife Balanced Advantage

Mahindra Manulife Balanced Advantage Fund Direct Growth

Credit Risk
Mahindra Manulife Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl

Credit Risk

Other Balanced funds by Mahindra

Mahindra Manulife Balanced Advantage Fund Direct Growth

Credit Risk
Mahindra Manulife Equity Savings Fund Direct Growth

Equity Savings

Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl

previously known as Mahindra Manu Bal Advtg Yjn Dir IDCW-R until March 01, 2023

ADDITIONAL INFO

ASSET ALLOCATION

EQUITY DISTRIBUTION

CREDIT QUALITY (%)