Mahindra Manulife Balanced Advantage Fund - IDCW - Direct Plan

Other Plans and Options
  • 0.19 %Nav, as on 11-03-2025

  • Previous Nav

  • Net Change on 11-03-2025

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview IDCW | Direct 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 - IDCW Plan - Direct Plan Dec 31, 2012 4.43 20.31 22.77 0.78 90,374.53
ICICI Prudential Balanced Advantage Fund - Direct Plan - IDCW Jan 07, 2013 6.25 12.43 14.61 0.92 58,716.56
ICICI Prudential Balanced Advantage Fund - Direct Plan - Monthly IDCW Apr 02, 2013 6.24 12.41 14.61 0.92 58,716.56
Kotak Balanced Advantage Fund -Direct Plan -Payout of Income Distribution cum capital withdrawal option Aug 03, 2018 Unrated 6.51 11.41 13.43 0.58 15,812.67
TATA Balanced Advantage Fund Direct Plan - Payout of Income Distribution cum capital withdrawal option Jan 28, 2019 2.76 11.60 14.88 0.43 9,754.44

Fund Holdings as on 28-February-2025

  • Net Receivables / (Payables)

  • Triparty Repo

  • Reliance Industries Limited

  • HDFC Bank Limited

  • 6.92% Government of India 2039

  • Bajaj Finance Limited

  • 7.5% National Bank For Agriculture and Rural Development 2025

  • ICICI Bank Limited

  • 7.09% Government of India 2054

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

  • Divi's Laboratories Limited

  • Trent Limited

  • UltraTech Cement Limited

  • Kotak Mahindra Bank Limited

  • 7.38% Government of India 2027

  • Indus Towers Limited

  • Mahindra & Mahindra Limited

  • 8.72% Shriram Finance Limited 2025 **

  • BSE Limited

  • LTIMindtree Limited

  • 364 Days Tbill 2025

  • Persistent Systems Ltd

  • InterGlobe Aviation Limited

  • Bharti Airtel Limited

  • Maruti Suzuki India Limited

  • Oil & Natural Gas Corporation Limited

  • 8.75% Bharti Telecom Limited 2028 **

  • Zomato Limited

  • 364 Days Tbill 2025

  • 364 Days Tbill 2025

  • The Indian Hotels Company Limited

  • Multi Commodity Exchange of India Limited

  • Hindustan Unilever Limited

  • Aditya Vision Ltd

  • 7.34% Government of India 2064

  • The Federal Bank Limited

  • National Aluminium Company Limited

  • Laurus Labs Limited

  • Devyani International Limited

  • Cholamandalam Financial Holdings Limited

  • Page Industries Limited

  • APL Apollo Tubes Limited

  • Piramal Enterprises Limited

  • 6.79% Government of India 2034

  • LG Balakrishnan & Bros Limited

  • Mahanagar Gas Limited

  • 360 One WAM Limited

  • Hindustan Petroleum Corporation Limited

  • Sai Life Sciences Limited

  • GAIL (India) Limited

  • PI Industries Limited

  • Waaree Energies Limited

  • Mankind Pharma Limited

  • 7.23% Government of India 2039

  • Amber Enterprises India Limited

  • 7.74% LIC Housing Finance Limited 2028

  • State Bank of India

  • Kaynes Technology India Limited

  • ICICI Lombard General Insurance Company Limited

  • Balrampur Chini Mills Limited

  • Oracle Financial Services Software Limited

  • CRISIL Limited

  • Coforge Limited

  • Angel One Limited

  • Arvind Fashions Limited

  • Aditya Birla Sun Life AMC Limited

  • Arvind Limited

  • United Spirits Limited

  • Tata Consultancy Services Limited

  • Bharat Forge Limited

  • The Ramco Cements Limited

  • Samvardhana Motherson International Limited

  • SRF Limited

  • State Bank of India March 2025 Future

  • GAIL (India) Limited March 2025 Future

  • Hindustan Petroleum Corporation Limited March 2025 Future

  • National Aluminium Company Limited March 2025 Future

  • Multi Commodity Exchange of India Limited March 2025 Future

  • Oil & Natural Gas Corporation Limited March 2025 Future

  • Persistent Systems Limited March 2025 Future

  • Reliance Industries Limited March 2025 Future

View More

  • Miscellaneous

  • Bank - Private

  • Refineries

  • Pharmaceuticals & Drugs

  • Finance - NBFC

  • IT - Software

  • Retailing

  • Telecommunication - Service Provider

  • Automobiles - Passenger Cars

  • Finance - Others

  • Cement & Construction Materials

  • Finance - Stock Broking

  • Airlines

  • Oil Exploration

  • e-Commerce

  • Hotel, Resort & Restaurants

  • Textile

  • Household & Personal Products

  • Aluminium & Aluminium Products

  • Consumer Food

  • Finance - Investment

  • Steel & Iron Products

  • Auto Ancillary

  • Gas Transmission/Marketing

  • Industrial Gases & Fuels

  • Pesticides & Agrochemicals

  • Electric Equipment

  • Air Conditioners

  • Bank - Public

  • Electronics - Components

  • Insurance

  • Sugar

  • Ratings

  • Finance - Asset Management

  • Breweries & Distilleries

  • Chemicals

  • Forgings

View More

Fund Manager

Most Recent Dividend

  • 15/03/2024

  • Cash

  • CRISIL AA+

  • CRISIL AAA

  • Derivatives

  • Equity

  • SOVEREIGN

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 ₹843.27 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 ₹0.02(0.19%)yesterday to ₹12.8217.

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