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

13.611 (0.831%)

NAV on November 22, 2024

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 890 cr

Turnover Ratio 292.71%

Expense Ratio 0.53%

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

Returns

1M: 0.06%
1Y: 22.04%
3M: -1.53%
3Y: N/A
6M: 6.14%
5Y: N/A

Min Investment 1,000

Buy Now Start SIP

ADDITIONAL INFO

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

ISIN INF174V01BG5

Fund Family Mahindra

P/E Ratio 26.56

P/B Ratio 3.97

Launch Date December 30, 2021

Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR

Avg. Maturity 6.04 years

Yield To Maturity (%) 7.04%

SECTOR WEIGHTINGS (%)

Financial 26.72%

Industrial 3.38%

Technology 13.42%

Basic Materials 6.61%

Consumer Cyclical 17.66%

Utilities Services 4.12%

Healthcare Services 3.89%

Energy Services 8.58%

Communication Services 1.94%

Consumer Defensive 13.69%

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	532.980	26.05%	94,866 cr	0.74%	High
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	25.108	22.44%	4,115 cr	0.72%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	55.270	21.61%	12,306 cr	0.51%	Average
SBI Balanced Advantage Fund Direct Growth	15.061	19.91%	32,661 cr	0.68%	Below Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	76.770	18.20%	60,545 cr	0.87%	Low