Mahindra Manulife Balanced Advantage Fund - IDCW - Regular Plan

Other Plans and Options
  • 0.11 %Nav, as on 16-09-2024

  • Previous Nav

  • Net Change on 16-09-2024

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview IDCW | 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.)
ICICI Prudential Balanced Advantage Fund - IDCW Dec 30, 2006 21.95 13.59 14.69 1.46 61,103.40
ICICI Prudential Balanced Advantage Fund - Monthly IDCW Mar 26, 2013 22.04 13.62 14.83 1.46 61,103.40
Kotak Balanced Advantage Fund - Regular Plan - Payout of Income Distribution cum capital withdrawal option Option Aug 03, 2018 Unrated 21.63 11.74 13.78 1.65 16,988.47
TATA Balanced Advantage Fund Regular Plan - Payout of Income Distribution cum capital withdrawal option Jan 28, 2019 19.75 11.97 14.66 1.68 10,207.51
TATA Balanced Advantage Fund Regular Plan - Reinvestment of Income Distribution cum capital withdrawal option Jan 28, 2019 19.75 11.97 14.66 1.68 10,207.51

Fund Holdings as on 31-August-2024

  • Net Receivables / (Payables)

  • Triparty Repo

  • 7.18% Government of India 2037

  • HDFC Bank Limited

  • Reliance Industries Limited

  • ITC Limited

  • 5.23% National Bank For Agriculture and Rural Development 2025 **

  • 7.1% Government of India 2034

  • Indus Towers Limited

  • Hindustan Unilever Limited

  • United Spirits Limited

  • ICICI Bank Limited

  • Tata Consultancy Services Limited

  • LTIMindtree Limited

  • PI Industries Limited

  • Aurobindo Pharma Limited

  • Oil & Natural Gas Corporation Limited

  • 7.38% Government of India 2027

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

  • Grasim Industries Limited

  • Kotak Mahindra Bank Limited

  • Trent Limited

  • NTPC Limited

  • Zomato Limited

  • 364 Days Tbill 2025

  • Persistent Systems Ltd

  • State Bank of India

  • Samvardhana Motherson International Limited

  • 7.3% Government of India 2053

  • Tata Motors Limited

  • 6.88% REC Limited 2025 **

  • 364 Days Tbill 2024

  • Hindustan Petroleum Corporation Limited

  • Aditya Vision Ltd

  • Bharat Forge Limited

  • Marico Limited

  • 8.95% Bharti Telecom Limited 2026 **

  • The Federal Bank Limited

  • GAIL (India) Limited

  • Hitachi Energy India Limited

  • PCBL Limited

  • HCL Technologies Limited

  • LG Balakrishnan & Bros Limited

  • Granules India Limited

  • Inox India Limited

  • SRF Limited

  • Exide Industries Limited

  • Bandhan Bank Limited

  • Multi Commodity Exchange of India Limited

  • The Indian Hotels Company Limited

  • 360 One WAM Limited

  • Colgate Palmolive (India) Limited

  • InterGlobe Aviation Limited

  • Voltamp Transformers Limited

  • L&T Finance Limited

  • Balrampur Chini Mills Limited

  • ICICI Lombard General Insurance Company Limited

  • Cholamandalam Financial Holdings Limited

  • Bayer Cropscience Limited

  • CESC Limited

  • Jyoti CNC Automation Ltd

  • 7.59% Power Finance Corporation Limited 2028 **

  • JK Paper Limited

  • NLC India Limited

  • Manappuram Finance Limited

  • Axis Bank Limited 2025 ** #

  • Vardhman Textiles Limited

  • Aadhar Housing Finance Limited

  • Suzlon Energy Limited

  • 7.34% Government of India 2064

  • TVS Motor Company Limited

  • Godrej Consumer Products Limited

  • ICICI Bank Limited September 2024 Future

  • Reliance Industries Limited September 2024 Future

  • United Spirits Limited September 2024 Future

  • Hindustan Unilever Limited September 2024 Future

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  • Miscellaneous

  • Bank - Private

  • IT - Software

  • Refineries

  • Household & Personal Products

  • Cigarettes/Tobacco

  • Power Generation/Distribution

  • Retailing

  • Pharmaceuticals & Drugs

  • Pesticides & Agrochemicals

  • Telecommunication - Service Provider

  • Breweries & Distilleries

  • Auto Ancillary

  • Electric Equipment

  • Oil Exploration

  • Diversified

  • e-Commerce

  • Engineering - Industrial Equipments

  • Bank - Public

  • Finance - NBFC

  • Automobiles-Trucks/Lcv

  • Forgings

  • Consumer Food

  • Industrial Gases & Fuels

  • Carbon Black

  • Chemicals

  • Batteries

  • Finance - Stock Broking

  • Hotel, Resort & Restaurants

  • Finance - Others

  • Airlines

  • Sugar

  • Finance - Investment

  • Insurance

  • Paper & Paper Products

  • Textile

  • Finance - Housing

  • Automobile Two & Three Wheelers

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Fund Manager

Most Recent Dividend

  • 15/03/2024

  • Cash

  • CRISIL A1+

  • CRISIL AA+

  • 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 ₹886.22 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 ₹13.2729.

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