Mahindra Manulife Balanced Advantage Fund - Growth - Direct Plan

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  • Net Change on 12-07-2024

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Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

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  • 52 Week High Nav Date

Fund 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.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
NIFTY 50 - TRI N/A N/A N/A N/A N/A N/A
NIFTY 50 Hybrid Composite Debt 50:50 Index N/A N/A N/A N/A N/A N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name Launch Date Ratings 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Expense Ratio (%) Assets (Cr.)
ICICI Prudential Balanced Advantage Fund - Direct Plan - Growth Jan 01, 2013 23.40 14.64 14.51 0.85 58,562.19
Kotak Balanced Advantage Fund - Direct Plan -Growth Option Aug 03, 2018 Unrated 22.80 13.70 14.34 0.51 16,344.51
Tata Balanced Advantage Fund-Direct Plan-Growth Jan 28, 2019 23.79 15.04 15.62 0.36 9,464.82
Nippon India Balanced Advantage Fund - Direct Plan Growth Plan - Growth Option Jan 01, 2013 27.15 14.74 14.49 0.56 8,285.66
Baroda BNP Paribas Balanced Advantage Fund-Direct Plan-Growth Option Nov 14, 2018 27.18 16.60 18.35 0.70 3,967.36

Fund Holdings as on 30-June-2024

  • Net Receivables / (Payables)

  • Triparty Repo

  • 7.18% Government of India 2037

  • Reliance Industries Limited

  • HDFC Bank Limited

  • NTPC Limited

  • 5.23% National Bank For Agriculture and Rural Development 2025 **

  • 7.1% Government of India 2034

  • Tata Consultancy Services Limited

  • ICICI Bank Limited

  • Wipro Limited

  • Tata Power Company Limited

  • United Spirits Limited

  • 7.38% Government of India 2027

  • Indus Towers Limited

  • 7.62% National Bank For Agriculture and Rural Development 2029 **

  • Grasim Industries Limited

  • Kotak Mahindra Bank Limited

  • Bharti Airtel Limited

  • Hindustan Petroleum Corporation Limited

  • 364 Days Tbill 2025

  • State Bank of India

  • Samvardhana Motherson International Limited

  • Power Grid Corporation of India Limited

  • Coal India Limited

  • 7.3% Government of India 2053

  • ACC Limited

  • Bharat Forge Limited

  • 6.88% REC Limited 2025 **

  • 364 Days Tbill 2024

  • Garden Reach Shipbuilders & Engineers Limited

  • Eicher Motors Limited

  • 8.95% Bharti Telecom Limited 2026 **

  • Cipla Limited

  • Biocon Limited

  • Hindustan Unilever Limited

  • Hitachi Energy India Limited

  • Inox India Limited

  • LG Balakrishnan & Bros Limited

  • Exide Industries Limited

  • Aditya Vision Ltd

  • Larsen & Toubro Limited

  • Bandhan Bank Limited

  • Zomato Limited

  • The Indian Hotels Company Limited

  • Central Depository Services (India) Limited

  • Power Mech Projects Limited

  • HDFC Asset Management Company Limited

  • Axis Bank Limited

  • K.P.R. Mill Limited

  • SRF Limited

  • Jyoti CNC Automation Ltd

  • Shriram Finance Limited

  • Godrej Consumer Products Limited

  • 7.59% Power Finance Corporation Limited 2028 **

  • Persistent Systems Ltd

  • Max Healthcare Institute Limited

  • Vardhman Textiles Limited

  • Balrampur Chini Mills Limited

  • GAIL (India) Limited

  • Apar Industries Limited

  • 7.34% Government of India 2064

  • JK Paper Limited

  • Aadhar Housing Finance Limited

  • Indian Oil Corporation Limited

  • Divi's Laboratories Limited

  • Tata Consultancy Services Limited July 2024 Future

  • Larsen & Toubro Limited July 2024 Future

  • Indus Towers Limited July 2024 Future

  • Hindustan Petroleum Corporation Limited July 2024 Future

  • Coal India Limited July 2024 Future

  • Power Grid Corporation of India Limited July 2024 Future

  • NTPC Limited July 2024 Future

  • Bharti Airtel Limited July 2024 Future

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  • Miscellaneous

  • Bank - Private

  • Power Generation/Distribution

  • Refineries

  • IT - Software

  • Telecommunication - Service Provider

  • Auto Ancillary

  • Pharmaceuticals & Drugs

  • Breweries & Distilleries

  • Diversified

  • Engineering - Industrial Equipments

  • Household & Personal Products

  • Engineering - Construction

  • Bank - Public

  • Electric Equipment

  • Mining & Minerals

  • Textile

  • Cement & Construction Materials

  • Forgings

  • Ship Building

  • Automobile Two & Three Wheelers

  • Batteries

  • Retailing

  • e-Commerce

  • Hotel, Resort & Restaurants

  • Depository Services

  • Finance - Asset Management

  • Chemicals

  • Finance - NBFC

  • Hospital & Healthcare Services

  • Sugar

  • Industrial Gases & Fuels

  • Paper & Paper Products

  • Finance - Housing

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Fund Manager

  • Cash

  • CRISIL AA+

  • CRISIL AAA

  • Derivatives

  • Equity

  • SOVEREIGN

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About Mahindra Manulife Balanced Advantage Fund

Scheme Analysis

Mahindra Manulife Balanced Advantage Fund is a Hybrid - Balanced Advantage fund and belongs to Mahindra Manulife Mutual Fund. It was launched on 30-Dec-2021 and currently has an AUM of ₹776.36 crore. Mahindra Manulife Balanced Advantage Fund is benchmarked against NIFTY 50 - TRI as primary index and NIFTY 50 Hybrid Composite Debt 50:50 Index as secondary index.

The NAV of Mahindra Manulife Balanced Advantage Fund ended up ₹0.06(0.39%)yesterday to ₹14.6793.

Among its top 3 holdings the fund has exposure to Net Receivables / (Payables), and

The Mahindra Manulife Balanced Advantage Fund is managed by Rahul Pal and Fatema Pacha.

Fund House Contact

4th Floor, A-Wing, Mahindra Towers Dr. G M Bhosle Marg, P K Kurne Chowk, Mumbai-400018

022-66327900