RP
Rahul PalFund Manager Since 30 Dec 2021
AllocationDynamic Asset Allocation
Mahindra Manulife Balanced Advantage Fund Direct Growth
3Y Annualised
16.32%
0.45% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
4.15%
0.45% 1D
Benchmark
Nifty 50 Index Fund
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
4 years 7 months
NIFTY 50
4 years 4 months
FD
9 years 7 months
Fund info
Fund size
₹882.49 Cr
Min. SIP amount
₹500
Min. Lumpsum amount
₹1000
Exit load
0.005%
An Exit Load of 1% is payable if Units are redeemed / switched-out on or before completion of 3 months from the date of allotment of Units; - Nil - If Units are redeemed / switched-out after completion of 3 months from the date of allotment of Units.
Risk Profile
Very High Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
Quant Dynamic Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl
6.81%
2nd
Quant Dynamic Asset Allocation Fund Direct Reinvestment Inc Dist cum Cap Wdrl
6.81%
3rd
Quant Dynamic Asset Allocation Fund Regular Reinvestment Inc Dist cum Cap Wdrl
6.68%
4th
Quant Dynamic Asset Allocation Fund Regular Payout Inc Dist cum Cap Wdrl
6.68%
5th
Quant Dynamic Asset Allocation Fund Direct Growth
5.47%
105th
Mahindra Manulife Balanced Advantage Fund Direct Growth
4.15%
Fund Managers
ML
Manish LodhaFund Manager Since 30 Dec 2021
FP
Fatema PachaFund Manager Since 30 Dec 2021
About Mahindra Manulife Balanced Advantage Fund Direct Growth
Mahindra Manulife Balanced Advantage Fund Direct Growth is a Allocation mutual fund scheme from Mahindra Manulife Investment Management Pvt. Ltd.. This fund has been in existence for 3 years, having been launched on 2021-12-30. Mahindra Manulife Balanced Advantage Fund Direct Growth has ₹882.49 Cr worth of assets under management (AUM) as of Tue May 20 2025. The latest Net Asset Value (NAV) of Mahindra Manulife Balanced Advantage Fund Direct Growth as of Mon May 19 2025 is ₹15.1354. The fund has an expense ratio of 0.56%, which is medium comparable to most other Allocation funds.
Mahindra Manulife Balanced Advantage Fund Direct Growth returns for the last 1 year are 10.38%. Since launch, it has delivered 13.02% average annual returns.
The Mahindra Manulife Balanced Advantage Fund Direct Growth has the majority of its money invested in null, Financial Services, Communication Services, Energy, Healthcare sectors.
Top 5 Holdings of Mahindra Manulife Balanced Advantage Fund Direct Growth.
- 6.92% Govt Stock 2039: 4.32%
- Bajaj Finance Ltd: 3.86%
- HDFC Bank Ltd: 3.51%
- National Bank For Agriculture And Rural Development: 2.88%
- Indus Towers Ltd Ordinary Shares: 2.87%
AMC Information
| Name | Mahindra Manulife Investment Management Pvt. Ltd. |
|---|---|
| Founding Date | 2021-12-30 |
| mfinvestors@mahindra.com | |
| Phone | 022-66327900 |
| Website | www.mahindramanulife.com |
| Address | 1st Floor, Sadhana House, Behind Mahindra Tower,570 P. B. Marg, Worli, Mumbai 400018 |
Tax Implications of Mahindra Manulife Balanced Advantage Fund Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from Mahindra Manulife Investment Management Pvt. Ltd.
Mahindra Manulife Low Duration Fund Direct Growth
Fixed IncomeLow Duration
3Y CAGR
7.58%
expense ratio
0.30%
fund size
₹584.49 Cr
Mahindra Manulife Equity Savings Fund Direct Growth
AllocationEquity Savings
3Y CAGR
12.55%
expense ratio
0.72%
fund size
₹562.80 Cr
Mahindra Manulife Low Duration Fund Regular Growth
Fixed IncomeLow Duration
3Y CAGR
6.73%
expense ratio
1.09%
fund size
₹584.49 Cr
Mahindra Manulife Multi Cap Fund Direct Plan Growth
EquityMulti-Cap
3Y CAGR
24.30%
expense ratio
0.41%
fund size
₹5093.65 Cr
Mahindra Manulife ELSS Tax Saver Fund Direct Plan Growth
EquityELSS (Tax Savings)
3Y CAGR
21.08%
expense ratio
0.60%
fund size
₹923.62 Cr
FAQs
What is the current NAV of Mahindra Manulife Balanced Advantage Fund Direct Growth?
What are the average returns of Mahindra Manulife Balanced Advantage Fund Direct Growth?
How do I invest in Mahindra Manulife Balanced Advantage Fund Direct Growth?
What is the expense ratio of Mahindra Manulife Balanced Advantage Fund Direct Growth?
What are net assets under management (AUM) of Mahindra Manulife Balanced Advantage Fund Direct Growth?
What is the PE and PB ratio of Mahindra Manulife Balanced Advantage Fund Direct Growth?
What are the top 5 holdings of Mahindra Manulife Balanced Advantage Fund Direct Growth?
What are the top 3 sectors that Mahindra Manulife Balanced Advantage Fund Direct Growth has invested in?
Who is the manager of Mahindra Manulife Balanced Advantage Fund Direct Growth?
What is the exit load of Mahindra Manulife Balanced Advantage Fund Direct Growth?
How to Redeem Mahindra Manulife Balanced Advantage Fund Direct Growth?
Can I invest in SIP and a Lump Sum of Mahindra Manulife Balanced Advantage Fund Direct Growth?
