Mahindra Manulife Balanced Advantage Fund - Growth - Regular Plan

Other Plans and Options
  • (-0.08%)Nav, as on 08-12-2023

  • Previous Nav

  • Net Change on 08-12-2023

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview Growth | Regular 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 - Growth Plan Sep 11, 2000 25.80 25.11 17.93 1.45 68,386.72
Kotak Balanced Advantage Fund -Regular Plan - Growth Option Aug 03, 2018 12.78 10.82 11.50 1.67 15,225.17
Nippon India Balanced Advantage Fund-Growth Plan-Growth Option Nov 15, 2004 12.65 12.62 11.27 1.78 7,193.76
Aditya Birla Sun Life Balanced Advantage Fund - Regular Plan - Growth Option Apr 25, 2000 12.14 11.10 11.21 1.78 6,772.39
Baroda BNP Paribas Balanced Advantage Fund-Regular Plan -Growth Option Nov 14, 2018 16.00 12.82 14.80 1.92 3,492.39

Fund Holdings as on 30-November-2023

  • Triparty Repo

  • Net Receivables / (Payables)

  • 7.18% Government of India 2033

  • Coal India Limited

  • NTPC Limited

  • 7.06% Government of India 2028

  • Reliance Industries Limited

  • 7.38% Government of India 2027

  • REC Limited

  • Canara Bank

  • Tech Mahindra Limited

  • Escorts Kubota Limited

  • Divi's Laboratories Limited

  • IndusInd Bank Limited

  • Tata Consultancy Services Limited

  • Tata Power Company Limited

  • Jio Financial Services Limited

  • 364 Days Tbill 2024

  • 364 Days Tbill 2024

  • TVS Motor Company Limited

  • NMDC Limited

  • Varun Beverages Ltd

  • LIC Housing Finance Limited

  • Abbott India Limited

  • Titan Company Limited

  • Zomato Limited

  • Orient Cement Limited

  • ICICI Bank Limited

  • Dalmia Bharat Limited

  • CreditAccess Grameen Limited

  • Safari Industries (India) Limited

  • LG Balakrishnan & Bros Limited

  • Multi Commodity Exchange of India Limited

  • Cholamandalam Investment and Finance Company Limited

  • K.P.R. Mill Limited

  • HDFC Asset Management Company Limited

  • The Jammu & Kashmir Bank Limited

  • MphasiS Limited

  • Indian Renewable Energy Development Agency Limited

  • IPCA Laboratories Limited

  • Coforge Limited

  • Indus Towers Limited

  • Dixon Technologies (India) Limited

  • Power Mech Projects Limited

  • L&T Technology Services Limited

  • Punjab National Bank

  • One 97 Communications Limited

  • 8.1% Power Finance Corporation Limited 2024 **

  • 7.59% Power Finance Corporation Limited 2028 **

  • 7.4% National Bank For Agriculture and Rural Development 2026 **

  • Balrampur Chini Mills Limited

  • United Spirits Limited

  • RBL Bank Limited

  • Amber Enterprises India Limited

  • Zee Entertainment Enterprises Limited

  • Vardhman Textiles Limited

  • EIH Limited

  • CRISIL Limited

  • BEML Limited

  • Krishna Institute Of Medical Sciences Limited

  • Atul Limited

  • Apar Industries Limited

  • Zee Entertainment Enterprises Limited December 2023 Future

  • Escorts Kubota Limited December 2023 Future

  • REC Limited December 2023 Future

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  • Miscellaneous

  • IT - Software

  • Mining & Minerals

  • Power Generation/Distribution

  • Bank - Private

  • Pharmaceuticals & Drugs

  • Bank - Public

  • Refineries

  • Finance - NBFC

  • Finance - Stock Broking

  • Finance Term Lending

  • Cement & Construction Materials

  • Automobiles-Tractors

  • Textile

  • Automobile Two & Three Wheelers

  • Consumer Food

  • Finance - Housing

  • Diamond & Jewellery

  • e-Commerce

  • Household & Personal Products

  • Auto Ancillary

  • Finance - Asset Management

  • Consumer Durables - Electronics

  • Telecommunication - Service Provider

  • Engineering - Construction

  • Fintech

  • Sugar

  • Breweries & Distilleries

  • Air Conditioners

  • TV Broadcasting & Software Production

  • Hotel, Resort & Restaurants

  • Ratings

  • Construction Vehicles

  • Hospital & Healthcare Services

  • Chemicals

  • Electric Equipment

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Fund Manager

  • Cash

  • CRISIL AAA

  • Derivatives

  • Equity

  • Sov

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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 ₹586.72 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 ₹-0.01(-0.08%)yesterday to ₹11.9269.

Among its top 3 holdings the fund has exposure to Triparty Repo, 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