Mahindra Manulife Balanced Advantage Fund - IDCW - Direct Plan

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  • 0.66 %Nav, as on 04-02-2025

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  • Net Change on 04-02-2025

  • 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 8.70 19.57 20.71 0.75 95,521.37
ICICI Prudential Balanced Advantage Fund - Direct Plan - IDCW Jan 07, 2013 11.30 12.46 13.59 0.91 60,434.09
ICICI Prudential Balanced Advantage Fund - Direct Plan - Monthly IDCW Apr 02, 2013 11.32 12.47 13.58 0.91 60,434.09
Kotak Balanced Advantage Fund -Direct Plan -Payout of Income Distribution cum capital withdrawal option Aug 03, 2018 Unrated 12.07 11.70 12.95 0.56 16,937.25
TATA Balanced Advantage Fund Direct Plan - Payout of Income Distribution cum capital withdrawal option Jan 28, 2019 8.05 11.56 14.38 0.42 10,217.18

Fund Holdings as on 31-December-2024

  • Net Receivables / (Payables)

  • Reliance Industries Limited

  • HDFC Bank Limited

  • 6.92% Government of India 2039

  • ICICI Bank Limited

  • 7.5% National Bank For Agriculture and Rural Development 2025

  • 7.09% Government of India 2054

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

  • Hindustan Unilever Limited

  • Mahindra & Mahindra Limited

  • Trent Limited

  • Triparty Repo

  • 7.38% Government of India 2027

  • Persistent Systems Ltd

  • LTIMindtree Limited

  • 8.72% Shriram Finance Limited 2025 **

  • Divi's Laboratories Limited

  • Kotak Mahindra Bank Limited

  • Marico Limited

  • HCL Technologies Limited

  • PI Industries Limited

  • 364 Days Tbill 2025

  • 364 Days Tbill 2025

  • InterGlobe Aviation Limited

  • Bajaj Finance Limited

  • BSE Limited

  • Bharti Airtel Limited

  • Multi Commodity Exchange of India Limited

  • Oil & Natural Gas Corporation Limited

  • The Indian Hotels Company Limited

  • 8.75% Bharti Telecom Limited 2028 **

  • Aditya Vision Ltd

  • 6.88% REC Limited 2025 **

  • HDFC Bank Limited 2025 #

  • 364 Days Tbill 2025

  • National Aluminium Company Limited

  • 364 Days Tbill 2025

  • The Federal Bank Limited

  • Samvardhana Motherson International Limited

  • Piramal Enterprises Limited

  • Zomato Limited

  • Bank of Baroda

  • Page Industries Limited

  • 7.34% Government of India 2064

  • Hindustan Petroleum Corporation Limited

  • Devyani International Limited

  • Bharat Forge Limited

  • 360 One WAM Limited

  • Waaree Energies Limited

  • LG Balakrishnan & Bros Limited

  • Laurus Labs Limited

  • CESC Limited

  • 6.79% Government of India 2034

  • Oracle Financial Services Software Limited

  • GAIL (India) Limited

  • Kaynes Technology India Limited

  • Mankind Pharma Limited

  • Cholamandalam Financial Holdings Limited

  • CRISIL Limited

  • Sai Life Sciences Limited

  • Exide Industries Limited

  • Siemens Limited

  • State Bank of India

  • Bandhan Bank Limited

  • Balrampur Chini Mills Limited

  • Angel One Limited

  • Coforge Limited

  • 7.23% Government of India 2039

  • UltraTech Cement Limited

  • TVS Motor Company Limited

  • Alkem Laboratories Limited

  • 7.74% LIC Housing Finance Limited 2028 **

  • Bayer Cropscience Limited

  • ICICI Lombard General Insurance Company Limited

  • Colgate Palmolive (India) Limited

  • Arvind Fashions Limited

  • Senco Gold Limited

  • Hitachi Energy India Limited

  • Aditya Birla Sun Life AMC Limited

  • The Ramco Cements Limited

  • Arvind Limited

  • Torrent Power Limited

  • United Spirits Limited

  • Tata Consultancy Services Limited

  • SRF Limited

  • Colgate Palmolive (India) Limited January 2025 Future

  • Bandhan Bank Limited January 2025 Future

  • State Bank of India January 2025 Future

  • Siemens Limited January 2025 Future

  • Exide Industries Limited January 2025 Future

  • GAIL (India) Limited January 2025 Future

  • Bharat Forge Limited January 2025 Future

  • Reliance Industries Limited January 2025 Future

  • Samvardhana Motherson International Limited January 2025 Future

  • Oil & Natural Gas Corporation Limited January 2025 Future

  • Multi Commodity Exchange of India Limited January 2025 Future

  • Marico Limited January 2025 Future

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  • Miscellaneous

  • Bank - Private

  • Refineries

  • IT - Software

  • Pharmaceuticals & Drugs

  • Retailing

  • Household & Personal Products

  • Consumer Food

  • Finance - NBFC

  • Finance - Others

  • Pesticides & Agrochemicals

  • Automobiles - Passenger Cars

  • Electric Equipment

  • Finance - Stock Broking

  • Auto Ancillary

  • Bank - Public

  • Airlines

  • Telecommunication - Service Provider

  • Oil Exploration

  • Hotel, Resort & Restaurants

  • Textile

  • Aluminium & Aluminium Products

  • e-Commerce

  • Cement & Construction Materials

  • Power Generation/Distribution

  • Forgings

  • Industrial Gases & Fuels

  • Electronics - Components

  • Finance - Investment

  • Ratings

  • Batteries

  • Sugar

  • Automobile Two & Three Wheelers

  • Insurance

  • Diamond & Jewellery

  • Finance - Asset Management

  • Breweries & Distilleries

  • Chemicals

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Fund Manager

Most Recent Dividend

  • 15/03/2024

  • Cash

  • CRISIL A1+

  • CRISIL AA+

  • 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 ₹908.12 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 ₹0.09(0.66%)yesterday to ₹13.4851.

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