Mahindra Manulife Balanced Advantage Fund - Growth - Regular Plan

  • Previous Nav

  • Net Change on 17-05-2024

  • 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 40.06 24.32 19.55 1.38 83,548.61
ICICI Prudential Balanced Advantage Fund - Growth Dec 30, 2006 20.99 13.15 13.13 1.48 56,709.02
Kotak Balanced Advantage Fund -Regular Plan - Growth Option Aug 03, 2018 Unrated 18.66 11.40 12.12 1.66 15,844.02
Tata Balanced Advantage Fund-Regular Plan-Growth Jan 28, 2019 21.38 12.92 13.24 1.69 9,107.02
Nippon India Balanced Advantage Fund-Growth Plan-Growth Option Nov 15, 2004 23.72 12.90 12.11 1.76 7,928.38

Fund Holdings as on 30-April-2024

  • Net Receivables / (Payables)

  • Triparty Repo

  • 7.18% Government of India 2037

  • Reliance Industries Limited

  • 7.18% Government of India 2033

  • NTPC Limited

  • Canara Bank

  • 5.23% National Bank For Agriculture and Rural Development 2025

  • Coal India Limited

  • Larsen & Toubro Limited

  • Tata Consultancy Services Limited

  • Bharti Airtel Limited

  • Tata Power Company Limited

  • State Bank of India

  • Hindustan Petroleum Corporation Limited

  • 7.38% Government of India 2027

  • HDFC Bank Limited 2024 ** #

  • Indus Towers Limited

  • Tata Motors Ltd DVR Shares

  • HDFC Bank Limited 2024 ** #

  • 364 Days Tbill 2025

  • Indian Oil Corporation Limited

  • Cipla Limited

  • Wipro Limited

  • Power Grid Corporation of India Limited

  • 6.88% REC Limited 2025 **

  • Dr. Reddy's Laboratories Limited

  • ACC Limited

  • 364 Days Tbill 2024

  • Eicher Motors Limited

  • 8.95% Bharti Telecom Limited 2026 **

  • United Spirits Limited

  • ICICI Bank Limited

  • Inox India Limited

  • Bharti Hexacom Limited

  • Union Bank of India

  • IRCON International Limited

  • Biocon Limited

  • LG Balakrishnan & Bros Limited

  • Shriram Finance Limited

  • Power Mech Projects Limited

  • SRF Limited

  • Garden Reach Shipbuilders & Engineers Limited

  • HDFC Asset Management Company Limited

  • Aditya Vision Ltd

  • The Jammu & Kashmir Bank Limited

  • K.P.R. Mill Limited

  • The South Indian Bank Limited

  • Punjab National Bank

  • 8.1% Power Finance Corporation Limited 2024 **

  • 7.59% Power Finance Corporation Limited 2028 **

  • Titagarh Rail Systems Limited

  • Bharat Electronics Limited

  • Max Healthcare Institute Limited

  • Gujarat State Fertilizers & Chemicals Limited

  • Vardhman Textiles Limited

  • Balrampur Chini Mills Limited

  • GAIL (India) Limited

  • Apar Industries Limited

  • The Indian Hotels Company Limited

  • Jyoti CNC Automation Ltd

  • 7.62% National Bank For Agriculture and Rural Development 2029

  • Divi's Laboratories Limited

  • Atul Limited

  • Voltas Limited

  • ICICI Bank Limited May 2024 Future

  • Power Grid Corporation of India Limited May 2024 Future

  • Coal India Limited May 2024 Future

  • NTPC Limited May 2024 Future

View More
  • Miscellaneous

  • Refineries

  • Bank - Public

  • Power Generation/Distribution

  • Telecommunication - Service Provider

  • Engineering - Construction

  • IT - Software

  • Pharmaceuticals & Drugs

  • Mining & Minerals

  • Bank - Private

  • Engineering - Industrial Equipments

  • Textile

  • Cement & Construction Materials

  • Automobile Two & Three Wheelers

  • Breweries & Distilleries

  • Auto Ancillary

  • Finance - NBFC

  • Chemicals

  • Ship Building

  • Finance - Asset Management

  • Retailing

  • Railways Wagons

  • Hospital & Healthcare Services

  • Fertilizers

  • Sugar

  • Industrial Gases & Fuels

  • Electric Equipment

  • Hotel, Resort & Restaurants

  • Air Conditioners

View More

Fund Manager

  • CARE A1+

  • Cash

  • CRISIL A1+

  • CRISIL AA+

  • CRISIL AAA

  • Derivatives

  • Equity

  • Rights

  • Sov

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 ₹731.33 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 ₹0.05(0.38%)yesterday to ₹13.1583.

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