Mahindra Manulife Balanced Advantage Fund - IDCW - Direct Plan

Other Plans and Options
  • (-0.56%)Nav, as on 30-04-2025

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  • Net Change on 30-04-2025

  • 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 7.32 20.53 25.56 0.88 94,824.34
ICICI Prudential Balanced Advantage Fund - Direct Plan - IDCW Jan 07, 2013 10.58 13.65 17.09 0.92 60,591.13
ICICI Prudential Balanced Advantage Fund - Direct Plan - Monthly IDCW Apr 02, 2013 10.61 13.67 17.09 0.92 60,591.13
Kotak Balanced Advantage Fund -Direct Plan -Payout of Income Distribution cum capital withdrawal option Aug 03, 2018 11.22 13.12 15.74 0.60 16,542.18
TATA Balanced Advantage Fund Direct Plan - Payout of Income Distribution cum capital withdrawal option Jan 28, 2019 6.48 12.41 15.77 0.36 10,075.20

Fund Holdings as on 31-March-2025

  • Net Receivables / (Payables)

  • Reliance Industries Limited

  • Bajaj Finance Limited

  • 6.92% Government of India 2039

  • HDFC Bank Limited

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

  • 7.09% Government of India 2054

  • Divi's Laboratories Limited

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

  • UltraTech Cement Limited

  • REC Limited

  • Trent Limited

  • ICICI Bank Limited

  • Indus Towers Limited

  • InterGlobe Aviation Limited

  • 7.38% Government of India 2027

  • State Bank of India

  • Persistent Systems Ltd

  • Axis Bank Limited

  • 364 Days Tbill 2025

  • Bharti Airtel Limited

  • LTIMindtree Limited

  • Maruti Suzuki India Limited

  • Mahindra & Mahindra Limited

  • 8.75% Bharti Telecom Limited 2028 **

  • 364 Days Tbill 2025

  • 364 Days Tbill 2025

  • Kotak Mahindra Bank Limited

  • Hindustan Unilever Limited

  • Laurus Labs Limited

  • Aditya Vision Ltd

  • The Federal Bank Limited

  • 7.34% Government of India 2064

  • Tata Steel Limited

  • Piramal Enterprises Limited

  • ABB India Limited

  • Cholamandalam Financial Holdings Limited

  • Page Industries Limited

  • APL Apollo Tubes Limited

  • Mahanagar Gas Limited

  • 6.79% Government of India 2034

  • The Indian Hotels Company Limited

  • Bajaj Finserv Limited

  • LG Balakrishnan & Bros Limited

  • MphasiS Limited

  • Devyani International Limited

  • GAIL (India) Limited

  • Amber Enterprises India Limited

  • Sai Life Sciences Limited

  • PI Industries Limited

  • Waaree Energies Limited

  • IndusInd Bank Limited

  • Infosys Limited

  • 360 One WAM Limited

  • Kaynes Technology India Limited

  • Balrampur Chini Mills Limited

  • Mankind Pharma Limited

  • 7.23% Government of India 2039

  • Max Healthcare Institute Limited

  • Oracle Financial Services Software Limited

  • 7.74% LIC Housing Finance Limited 2028 **

  • JSW Energy Limited

  • ICICI Lombard General Insurance Company Limited

  • Coforge Limited

  • Angel One Limited

  • CRISIL Limited

  • Tube Investments Of India Limited

  • Arvind Fashions Limited

  • Aditya Birla Sun Life AMC Limited

  • Arvind Limited

  • SRF Limited

  • Mahindra & Mahindra Limited April 2025 Future

  • GAIL (India) Limited April 2025 Future

  • The Indian Hotels Company Limited April 2025 Future

  • ICICI Bank Limited April 2025 Future

  • Persistent Systems Limited April 2025 Future

  • Trent Limited April 2025 Future

  • Reliance Industries Limited April 2025 Future

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  • Miscellaneous

  • Bank - Private

  • Refineries

  • Finance - NBFC

  • IT - Software

  • Pharmaceuticals & Drugs

  • Retailing

  • Telecommunication - Service Provider

  • Automobiles - Passenger Cars

  • Cement & Construction Materials

  • Finance Term Lending

  • Steel & Iron Products

  • Airlines

  • Finance - Investment

  • Bank - Public

  • Electric Equipment

  • Auto Ancillary

  • Textile

  • Household & Personal Products

  • Gas Transmission/Marketing

  • Hotel, Resort & Restaurants

  • Consumer Food

  • Industrial Gases & Fuels

  • Air Conditioners

  • Pesticides & Agrochemicals

  • Finance - Others

  • Electronics - Components

  • Sugar

  • Hospital & Healthcare Services

  • Power Generation/Distribution

  • Insurance

  • Finance - Stock Broking

  • Ratings

  • Finance - Asset Management

  • Chemicals

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Fund Manager

Most Recent Dividend

  • 17/03/2025

  • 15/03/2024

  • 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 ₹864.15 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 down ₹-0.07(-0.56%)yesterday to ₹12.5634.

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, Worli, Mumbai - 400018

022-66327900