Mahindra Manulife Balanced Advantage Fund - IDCW - Direct Plan

Other Plans and Options
  • (-0.59%)Nav, as on 09-01-2026

  • Previous Nav

  • Net Change on 09-01-2026

  • 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 Jan 01, 2013 8.10 18.15 19.47 0.73 108,205.06
ICICI Prudential Balanced Advantage Fund - Direct Plan - IDCW Jan 07, 2013 12.59 14.16 13.03 0.86 70,534.59
ICICI Prudential Balanced Advantage Fund - Direct Plan - Monthly IDCW Apr 02, 2013 12.60 14.15 13.02 0.86 70,534.59
Kotak Balanced Advantage Fund -Direct Plan -Payout of Income Distribution cum capital withdrawal option Aug 03, 2018 6.90 12.81 11.30 0.57 17,852.25
NIPPON INDIA BALANCED ADVANTAGE FUND - DIRECT Plan - IDCW Option Jan 01, 2013 7.84 13.27 12.32 0.57 9,724.68

Fund Holdings as on 31-December-2025

  • Net Receivables / (Payables)

  • Mahindra Manulife Liquid Fund -Direct Plan -Growth

  • JSW Steel Limited

  • Indus Towers Limited

  • 8.52% Muthoot Finance Limited 2028 **

  • 7.53% National Bank For Agriculture and Rural Development 2028

  • UltraTech Cement Limited

  • ICICI Bank Limited

  • Reliance Industries Limited

  • State Bank of India

  • Triparty Repo

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

  • 6.68% Government of India 2040

  • Axis Bank Limited

  • IndusInd Bank Limited

  • Bharti Airtel Limited

  • Laurus Labs Limited

  • Glenmark Pharmaceuticals Limited

  • Divi's Laboratories Limited

  • Infosys Limited

  • HDFC Bank Limited

  • Tech Mahindra Limited

  • Apollo Hospitals Enterprise Limited

  • Bajaj Finserv Limited

  • HDFC Bank Limited 2026 ** #

  • DLF Limited

  • Bajaj Finance Ltd

  • Fortis Healthcare Limited

  • Maruti Suzuki India Limited

  • Grasim Industries Limited

  • The Federal Bank Limited

  • IDFC First Bank Limited

  • Coal India Limited

  • 8.75% Bharti Telecom Limited 2028 **

  • 7.68% Small Industries Dev Bank of India 2027 **

  • 7.79% Small Industries Dev Bank of India 2027 **

  • Bharat Heavy Electricals Limited

  • 6.9601% Mindspace Business Parks REIT 2028 **

  • 6.48% Government of India 2035

  • DSP Finance Private Limited 2026 **

  • Canara Bank

  • LTIMindtree Limited

  • 6.98% State Government Securities 2037

  • Aditya Vision Ltd

  • Mahindra & Mahindra Limited

  • Bharat Electronics Limited

  • Wipro Limited

  • 7.24% Government of India 2055

  • Senores Pharmaceuticals Limited

  • Indian Bank

  • Tega Industries Limited

  • Dabur India Limited

  • SRF Limited

  • REC Limited

  • Bajaj Auto Limited

  • HDFC Asset Management Company Limited

  • Godrej Properties Limited

  • Angel One Limited

  • 8.3% JM Financial Services Limited 2027 **

  • Kaynes Technology India Limited

  • Bosch Limited

  • Aditya Birla Sun Life AMC Limited

  • Mahanagar Gas Limited

  • Kajaria Ceramics Limited

  • Cholamandalam Financial Holdings Limited

  • IIFL Finance Limited

  • Vishal Mega Mart Limited

  • Mankind Pharma Limited

  • ICICI Lombard General Insurance Company Limited

  • 7.73% Embassy Office Parks REIT 2029 **

  • 8.85% TVS Credit Services Limited 2027 **

  • 7.74% LIC Housing Finance Limited 2028

  • 7.25% State Government Securities 2037

  • 7.2% State Government Securities 2036

  • Sri Lotus Developers and Realty Ltd.

  • JSW Energy Limited

  • CRISIL Limited

  • AWL Agri Business Limited

  • Hindustan Aeronautics Limited

  • Polycab India Limited

  • Bank of Baroda 2026 ** #

  • Arvind Fashions Limited

  • Oswal Pumps Limited

  • ICICI Prudential Asset Management Company Limited

  • Tata Motors Ltd

  • ABB India Limited

  • Tata Motors Passenger Vehicles Limited

  • Bajaj Finance Limited January 2026 Future

View More

  • Miscellaneous

  • Bank - Private

  • Pharmaceuticals & Drugs

  • IT - Software

  • Telecommunication - Service Provider

  • Bank - Public

  • Steel & Iron Products

  • Hospital & Healthcare Services

  • Cement & Construction Materials

  • Construction - Real Estate

  • Refineries

  • Automobiles - Passenger Cars

  • Engineering - Industrial Equipments

  • Finance - Investment

  • Retailing

  • Finance - NBFC

  • Finance - Asset Management

  • Defence

  • Diversified

  • Mining & Minerals

  • Household & Personal Products

  • Chemicals

  • Finance Term Lending

  • Automobile Two & Three Wheelers

  • Finance - Stock Broking

  • Electronics - Components

  • Auto Ancillary

  • Gas Transmission/Marketing

  • Ceramics/Marble/Granite/Sanitaryware

  • Insurance

  • Power Generation/Distribution

  • Ratings

  • Edible Oil

  • Cable

  • Compressors / Pumps

  • Electric Equipment

  • Automobiles-Trucks/Lcv

View More

Fund Manager

Most Recent Dividend

  • 17/03/2025

  • 15/03/2024

  • Cash

  • CRISIL A1+

  • CRISIL AA

  • CRISIL AA+

  • CRISIL AAA

  • Derivatives

  • Equity

  • FITCH A1+

  • ICRA A1+

  • ICRA AAA

  • MFU

  • SOVEREIGN

View More

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 ₹928.21 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 ₹-0.08(-0.59%)yesterday to ₹13.3839.

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 Amit Garg.

Fund House Contact

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

022-66327900