Item: Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Rating: 4
Author: Morningstar

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

12.568 (-0.714%)

NAV on October 19, 2026

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 879 cr

Turnover Ratio 164.89%

Expense Ratio 0.85%

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

Returns

1M: Negative return: -2.81%
1Y: Negative return: -0.29%
3M: Negative return: -2.75%
3Y: Positive return: 9.74%
6M: Positive return: 0.79%
5Y: N/A

Min Investment 1,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Rahul Pal (Since almost 5 years) Amit Garg (Since 10 months) Fatema Pacha (Since almost 5 years) Neelesh Dhamnaskar (Since 8 months)

ISIN INF174V01BG5

Fund Family Mahindra

P/E Ratio 24.95

P/B Ratio 3.07

Launch Date December 30, 2021

Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR

Avg. Maturity 0.00 years

Yield To Maturity (%) 5.04%

SECTOR WEIGHTINGS (%)

Financial 32.36%

Industrial 9.9%

Technology 5.8%

Basic Materials 4.81%

Consumer Cyclical 14.31%

Utilities Services 1.48%

Healthcare Services 13.51%

Energy Services 6.34%

Communication Services 4.38%

Consumer Defensive 2.17%

Real Estate 4.94%

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
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option	₹ 127.170	3.20%	₹ 9,836 cr	0.90%	Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	₹ 59.740	0.83%	₹ 12,880 cr	0.81%	Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	₹ 85.710	0.45%	₹ 71,913 cr	1.04%	Below Average
Quant Dynamic Asset Allocation Fund Direct Growth	₹ 16.592	-3.77%	₹ 810 cr	1.56%	High
HDFC Balanced Advantage Fund Direct Plan Growth Option	₹ 548.871	-3.89%	₹ 102,534 cr	0.77%	Above Average

Best Dynamic Asset Allocation Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option	₹ 127.170	3.20%	₹ 9,836 cr	0.9%	Average
Bandhan Balanced Advantage Direct Growth	₹ 29.105	1.91%	₹ 2,235 cr	1.08%	Below Average
DSP Dynamic Asset Allocation Fund Direct Growth	₹ 32.607	1.13%	₹ 3,704 cr	1.04%	Low
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	₹ 85.710	0.45%	₹ 71,913 cr	1.04%	Below Average
Mahindra Manulife Balanced Advantage Fund Direct Growth	₹ 15.648	0.10%	₹ 879 cr	0.85%	Above Average
Axis Balanced Advantage Fund Direct Growth	₹ 23.610	-0.96%	₹ 3,651 cr	1.07%	Average
Quant Dynamic Asset Allocation Fund Direct Growth	₹ 16.592	-3.77%	₹ 810 cr	1.56%	High