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

13.542 (0.059%)

NAV on July 25, 2024

Category Allocation:
Dynamic Asset Allocation

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 739 cr

Turnover Ratio 295.00%

Expense Ratio 0.55%

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

Returns

1M: 2.42%
1Y: 27.51%
3M: 5.91%
3Y: N/A
6M: 11.69%
5Y: N/A

Min Investment 1,000

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ADDITIONAL INFO

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

ISIN INF174V01BG5

Fund Family Mahindra

P/E Ratio 15.88

P/B Ratio 2.72

Launch Date December 30, 2021

Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR

Avg. Maturity 4.47 years

Yield To Maturity (%) 7.25%

SECTOR WEIGHTINGS (%)

Financial 19.43%

Industrial 13.72%

Technology 5.51%

Basic Materials 6.19%

Consumer Cyclical 8.75%

Utilities Services 11.63%

Healthcare Services 6.22%

Energy Services 16.26%

Communication Services 8.48%

Consumer Defensive 3.82%

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

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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
HDFC Balanced Advantage Fund Direct Plan Growth Option	540.253	39.42%	89,903 cr	0.73%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	55.510	25.53%	11,721 cr	0.40%	Average
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	24.756	25.33%	3,967 cr	0.70%	Above Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	76.240	22.69%	58,562 cr	0.85%	Low