Mahindra Manulife Balanced Advantage Fund - IDCW - Direct Plan

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  • 0.14 %Nav, as on 04-12-2024

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  • Net Change on 04-12-2024

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview IDCW | 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

  • 52 Week High Nav (₹)

  • 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.)
HDFC Balanced Advantage Fund - IDCW Plan - Direct Plan Dec 31, 2012 25.81 23.30 21.08 0.74 94,865.65
ICICI Prudential Balanced Advantage Fund - Direct Plan - IDCW Jan 07, 2013 17.92 13.54 13.87 0.87 60,544.87
ICICI Prudential Balanced Advantage Fund - Direct Plan - Monthly IDCW Apr 02, 2013 17.91 13.54 13.83 0.87 60,544.87
Kotak Balanced Advantage Fund -Direct Plan -Payout of Income Distribution cum capital withdrawal option Aug 03, 2018 Unrated 20.85 13.13 13.85 0.53 16,751.58
TATA Balanced Advantage Fund Direct Plan - Payout of Income Distribution cum capital withdrawal option Jan 28, 2019 18.42 13.34 15.03 0.41 10,288.08

Fund Holdings as on 31-October-2024

  • Net Receivables / (Payables)

  • Triparty Repo

  • HDFC Bank Limited

  • Reliance Industries Limited

  • 7.5% National Bank For Agriculture and Rural Development 2025 **

  • ITC Limited

  • 7.18% Government of India 2037

  • 7.23% Government of India 2039

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

  • ICICI Bank Limited

  • Hindustan Unilever Limited

  • United Spirits Limited

  • Trent Limited

  • PI Industries Limited

  • Tata Consultancy Services Limited

  • Mahindra & Mahindra Limited

  • 7.3% Government of India 2053

  • LTIMindtree Limited

  • 7.38% Government of India 2027

  • 8.72% Shriram Finance Limited 2025 **

  • Waaree Energies Limited

  • Kotak Mahindra Bank Limited

  • Divi's Laboratories Limited

  • 364 Days Tbill 2025

  • HCL Technologies Limited

  • Persistent Systems Ltd

  • Oil & Natural Gas Corporation Limited

  • Bajaj Finance Limited

  • 7.1% Government of India 2034

  • Multi Commodity Exchange of India Limited

  • Bharti Airtel Limited

  • InterGlobe Aviation Limited

  • Samvardhana Motherson International Limited

  • 6.88% REC Limited 2025 **

  • 364 Days Tbill 2024

  • BSE Limited

  • Kotak Mahindra Bank Limited 2025 ** #

  • 364 Days Tbill 2025

  • Hitachi Energy India Limited

  • The Federal Bank Limited

  • 8.95% Bharti Telecom Limited 2026 **

  • Aditya Vision Ltd

  • Bharat Forge Limited

  • 7.34% Government of India 2064

  • Cholamandalam Financial Holdings Limited

  • Hindustan Petroleum Corporation Limited

  • Tata Motors Limited

  • LG Balakrishnan & Bros Limited

  • NTPC Limited

  • The Indian Hotels Company Limited

  • GAIL (India) Limited

  • Marico Limited

  • Exide Industries Limited

  • 360 One WAM Limited

  • Bandhan Bank Limited

  • SRF Limited

  • Siemens Limited

  • Balrampur Chini Mills Limited

  • National Aluminium Company Limited

  • Bayer Cropscience Limited

  • State Bank of India

  • Page Industries Limited

  • Angel One Limited

  • Colgate Palmolive (India) Limited

  • CESC Limited

  • TVS Motor Company Limited

  • Alkem Laboratories Limited

  • ICICI Lombard General Insurance Company Limited

  • Arvind Fashions Limited

  • JK Paper Limited

  • Mankind Pharma Limited

  • Piramal Enterprises Limited

  • Punjab National Bank 2025 ** #

  • Axis Bank Limited 2025 ** #

  • NLC India Limited

  • Suzlon Energy Limited

  • 7.09% Government of India 2054

  • Samvardhana Motherson International Limited November 2024 Future

  • Colgate Palmolive (India) Limited November 2024 Future

  • State Bank of India November 2024 Future

  • SRF Limited November 2024 Future

  • Exide Industries Limited November 2024 Future

  • Marico Limited December 2024 Future

  • GAIL (India) Limited November 2024 Future

  • Tata Motors Limited November 2024 Future

  • Bharat Forge Limited November 2024 Future

  • Reliance Industries Limited November 2024 Future

  • Multi Commodity Exchange of India Limited November 2024 Future

  • Oil & Natural Gas Corporation Limited November 2024 Future

  • Tata Consultancy Services Limited November 2024 Future

  • United Spirits Limited November 2024 Future

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  • Miscellaneous

  • Bank - Private

  • IT - Software

  • Refineries

  • Electric Equipment

  • Retailing

  • Household & Personal Products

  • Cigarettes/Tobacco

  • Pharmaceuticals & Drugs

  • Pesticides & Agrochemicals

  • Breweries & Distilleries

  • Auto Ancillary

  • Power Generation/Distribution

  • Finance - Stock Broking

  • Finance - NBFC

  • Finance - Others

  • Automobiles - Passenger Cars

  • Oil Exploration

  • Telecommunication - Service Provider

  • Airlines

  • Forgings

  • Finance - Investment

  • Automobiles-Trucks/Lcv

  • Hotel, Resort & Restaurants

  • Industrial Gases & Fuels

  • Consumer Food

  • Batteries

  • Sugar

  • Chemicals

  • Aluminium & Aluminium Products

  • Bank - Public

  • Textile

  • Automobile Two & Three Wheelers

  • Insurance

  • Paper & Paper Products

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Fund Manager

Most Recent Dividend

  • 15/03/2024

  • Cash

  • CRISIL A1+

  • 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 ₹890.15 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 ₹0.02(0.14%)yesterday to ₹13.8856.

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