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

11.908 (0.681%)

NAV on March 20, 2026

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 912 cr

Turnover Ratio 309.13%

Expense Ratio 0.64%

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

Returns

1M: -11.20%
1Y: -1.96%
3M: -10.53%
3Y: 11.02%
6M: -10.51%
5Y: N/A

Min Investment 1,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Rahul Pal (Since about 4 years) Amit Garg (Since 3 months) Fatema Pacha (Since about 4 years) Neelesh Dhamnaskar (Since about 1 month)

ISIN INF174V01BG5

Fund Family Mahindra

P/E Ratio 22.94

P/B Ratio 3.09

Launch Date December 30, 2021

Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR

Avg. Maturity 4.07 years

Yield To Maturity (%) 6.70%

SECTOR WEIGHTINGS (%)

Financial 38.7%

Industrial 9.23%

Technology 5.06%

Basic Materials 10.84%

Consumer Cyclical 8.69%

Utilities Services 1.91%

Healthcare Services 12.32%

Energy Services 4.95%

Communication Services 7.13%

Consumer Defensive 0.23%

Real Estate 0.96%

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
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	82.080	7.11%	71,151 cr	0.86%	Low
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option	119.100	6.33%	9,104 cr	0.67%	Average
SBI Balanced Advantage Fund Direct Growth	16.016	6.32%	40,952 cr	0.69%	Low
Edelweiss Balanced Advantage Fund Direct Plan Growth	56.790	4.84%	13,176 cr	0.52%	Average
HDFC Balanced Advantage Fund Direct Plan Growth Option	540.477	3.42%	107,590 cr	0.77%	Above Average

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Bank of India Balanced Advantage Direct Growth	27.368	9.01%	148 cr	1.15%	Above Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	82.080	7.11%	71,151 cr	0.86%	Low
Aditya Birla Sun Life Balanced Advantage Fund Direct Plan Growth Option	119.100	6.33%	9,104 cr	0.67%	Average
SBI Balanced Advantage Fund Direct Growth	16.016	6.32%	40,952 cr	0.69%	Low
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	25.967	6.28%	4,767 cr	0.75%	High
Mahindra Manulife Balanced Advantage Fund Direct Growth	14.828	4.09%	912 cr	0.64%	Above Average
Axis Balanced Advantage Fund Direct Growth	22.990	3.75%	3,799 cr	0.73%	Average