Mahindra Manulife Balanced Advantage Fund - Growth - Regular Plan

Other Plans and Options
  • (-0.11%)Nav, as on 24-11-2023

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  • Net Change on 24-11-2023

  • 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 21.69 25.38 16.63 1.45 63,980.65
ICICI Prudential Balanced Advantage Fund - Growth Dec 30, 2006 11.51 12.79 11.90 1.52 49,870.86
Kotak Balanced Advantage Fund -Regular Plan - Growth Option Aug 03, 2018 10.59 10.28 11.02 1.67 14,740.14
Nippon India Balanced Advantage Fund-Growth Plan-Growth Option Nov 15, 2004 9.60 12.06 10.54 1.78 6,957.72
Aditya Birla Sun Life Balanced Advantage Fund - Regular Plan - Growth Option Apr 25, 2000 9.73 10.54 10.64 1.78 6,666.46

Fund Holdings as on 31-October-2023

  • Net Receivables / (Payables)

  • 7.18% Government of India 2033

  • Reliance Industries Limited

  • 7.06% Government of India 2028

  • 7.38% Government of India 2027

  • Coal India Limited

  • NTPC Limited

  • Tech Mahindra Limited

  • Canara Bank

  • Triparty Repo

  • ICICI Bank Limited

  • REC Limited

  • Escorts Kubota Limited

  • IndusInd Bank Limited

  • Tata Consultancy Services Limited

  • 364 Days Tbill 2023

  • Divi's Laboratories Limited

  • 364 Days Tbill 2024

  • 364 Days Tbill 2024

  • Jio Financial Services Limited

  • Britannia Industries Limited

  • Maruti Suzuki India Limited

  • Jindal Steel & Power Limited

  • IPCA Laboratories Limited

  • LIC Housing Finance Limited

  • Abbott India Limited

  • Dalmia Bharat Limited

  • Mahindra & Mahindra Limited

  • Varun Beverages Ltd

  • TVS Motor Company Limited

  • Titan Company Limited

  • CreditAccess Grameen Limited

  • Zomato Limited

  • Cholamandalam Investment and Finance Company Limited

  • Safari Industries (India) Limited

  • NMDC Limited

  • Tata Power Company Limited

  • LG Balakrishnan & Bros Limited

  • The Jammu & Kashmir Bank Limited

  • Orient Cement Limited

  • One 97 Communications Limited

  • Indus Towers Limited

  • Dixon Technologies (India) 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 **

  • Coforge Limited

  • K.P.R. Mill Limited

  • Punjab National Bank

  • Power Mech Projects Limited

  • Multi Commodity Exchange of India Limited

  • United Spirits Limited

  • L&T Technology Services Limited

  • RBL Bank Limited

  • Amber Enterprises India Limited

  • Balrampur Chini Mills Limited

  • HDFC Asset Management Company Limited

  • Zee Entertainment Enterprises Limited

  • CRISIL Limited

  • EIH Limited

  • Vardhman Textiles Limited

  • Krishna Institute Of Medical Sciences Limited

  • Atul Limited

  • BEML Limited

  • Zee Entertainment Enterprises Limited November 2023 Future

  • Mahindra & Mahindra Limited November 2023 Future

  • Britannia Industries Limited November 2023 Future

  • Reliance Industries Limited November 2023 Future

  • Escorts Kubota Limited November 2023 Future

  • REC Limited November 2023 Future

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  • Miscellaneous

  • IT - Software

  • Bank - Private

  • Mining & Minerals

  • Power Generation/Distribution

  • Refineries

  • Pharmaceuticals & Drugs

  • Bank - Public

  • Consumer Food

  • Automobiles - Passenger Cars

  • Finance - Stock Broking

  • Finance Term Lending

  • Finance - NBFC

  • Automobiles-Tractors

  • Cement & Construction Materials

  • Textile

  • Steel/Sponge Iron/Pig Iron

  • Finance - Housing

  • Automobile Two & Three Wheelers

  • Diamond & Jewellery

  • e-Commerce

  • Household & Personal Products

  • Auto Ancillary

  • Fintech

  • Telecommunication - Service Provider

  • Consumer Durables - Electronics

  • Engineering - Construction

  • Breweries & Distilleries

  • Air Conditioners

  • Finance - Asset Management

  • Sugar

  • TV Broadcasting & Software Production

  • Ratings

  • Hotel, Resort & Restaurants

  • Hospital & Healthcare Services

  • Chemicals

  • Construction Vehicles

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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 ₹557.17 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(-0.11%)yesterday to ₹11.5635.

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