Mahindra Manulife Balanced Advantage Fund - Growth - Regular Plan

Other Plans and Options
  • 0.11 %Nav, as on 25-09-2023

  • Previous Nav

  • Net Change on 25-09-2023

  • 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 Balance Advantage Fund - Growth Option Sep 11, 2000 22.34 29.70 15.26 1.46 61,598.75
ICICI Prudential Balanced Advantage Fund - Growth Dec 30, 2006 11.12 15.42 11.24 1.52 49,102
Kotak Balanced Advantage Fund -Regular Plan - Growth Option Aug 03, 2018 10.53 12.08 10.51 1.66 15,049.58
Nippon India Balanced Advantage Fund-Growth Plan-Growth Option Nov 15, 2004 9.93 14.45 9.79 1.78 6,956.50
Aditya Birla Sun Life Balanced Advantage Fund - Regular Plan - Growth Option Apr 25, 2000 11.04 14.76 10.37 1.78 6,794.72

Fund Holdings as on 31-August-2023

  • Net Receivables / (Payables)

  • HDFC Bank Limited

  • Reliance Industries Limited

  • 7.38% Government of India 2027

  • 7.06% Government of India 2028

  • 7.26% Government of India 2033

  • 7.18% Government of India 2033

  • Tech Mahindra Limited

  • ICICI Bank Limited

  • Britannia Industries Limited

  • NTPC Limited

  • Escorts Kubota Limited

  • IndusInd Bank Limited

  • State Bank of India

  • Mahindra & Mahindra Limited

  • REC Limited

  • Divi's Laboratories Limited

  • 364 Days Tbill 2023

  • 364 Days Tbill 2024

  • 364 Days Tbill 2024

  • Jindal Steel & Power Limited

  • The Jammu & Kashmir Bank Limited

  • Maruti Suzuki India Limited

  • Jio Financial Services Limited

  • Infosys Limited

  • Titagarh Rail Systems Limited

  • Abbott India Limited

  • Bajaj Auto Limited

  • IPCA Laboratories Limited

  • Varun Beverages Ltd

  • Titan Company Limited

  • Piramal Enterprises Limited

  • Cholamandalam Investment and Finance Company Limited

  • BEML Limited

  • LG Balakrishnan & Bros Limited

  • Kajaria Ceramics Limited

  • CreditAccess Grameen Limited

  • Safari Industries (India) Limited

  • Coforge Limited

  • Indus Towers Limited

  • CRISIL Limited

  • Orient Cement Limited

  • Punjab National Bank

  • 8.1% Power Finance Corporation Limited 2024 **

  • Dixon Technologies (India) Limited

  • 7.59% Power Finance Corporation Limited 2028

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

  • AIA Engineering Limited

  • K.P.R. Mill Limited

  • Amber Enterprises India Limited

  • Zee Entertainment Enterprises Limited

  • Vardhman Textiles Limited

  • Krishna Institute Of Medical Sciences Limited

  • Dalmia Bharat Limited

  • Page Industries Limited

  • 7.50% National Bank For Agriculture and Rural Development 2026 **

  • Ideaforge Technology Limited

  • Triparty Repo

  • Mahindra & Mahindra Financial Services Limited

  • Nifty 50 Index September 2023 Option

  • Jindal Steel & Power Limited

  • Page Industries Limited

  • Dalmia Bharat Limited

  • Zee Entertainment Enterprises Limited

  • Britannia Industries Limited

  • IndusInd Bank Limited

  • REC Limited

  • Cholamandalam Investment and Finance Company Ltd

  • Piramal Enterprises Limited

  • Bajaj Auto Limited

  • HDFC Bank Limited

  • State Bank of India

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  • Miscellaneous

  • Bank - Private

  • IT - Software

  • Refineries

  • Pharmaceuticals & Drugs

  • Consumer Food

  • Automobiles - Passenger Cars

  • Finance - NBFC

  • Bank - Public

  • Power Generation/Distribution

  • Automobiles-Tractors

  • Textile

  • Finance Term Lending

  • Engineering - Industrial Equipments

  • Cement & Construction Materials

  • Steel/Sponge Iron/Pig Iron

  • Finance - Stock Broking

  • Railways Wagons

  • Automobile Two & Three Wheelers

  • Diamond & Jewellery

  • Ceramics/Marble/Granite/Sanitaryware

  • Auto Ancillary

  • Household & Personal Products

  • Telecommunication - Service Provider

  • Ratings

  • Consumer Durables - Electronics

  • Castings/Forgings

  • Air Conditioners

  • TV Broadcasting & Software Production

  • Hospital & Healthcare Services

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Fund Manager

  • Cash

  • 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 ₹572.59 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 ₹0.01(0.11%)yesterday to ₹11.3045.

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