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Mahindra Manulife Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationVery High Risk
Direct
NAV (06-Jun-25)
₹15.300.83%1D
Returns (Since Inception)
13.18%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹882 Cr
Expense Ratio
0.56%
ISIN
INF174V01BE0
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
30 Dec 2021
About this fund
Mahindra Manulife Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Mahindra Manulife Mutual Fund. This fund has been in existence for 3 years, 5 months and 10 days, having been launched on 30-Dec-21.
As of 06-Jun-25, it has a Net Asset Value (NAV) of ₹15.30, Assets Under Management (AUM) of 882.49 Crores, and an expense ratio of 0.56%.
As of 06-Jun-25, it has a Net Asset Value (NAV) of ₹15.30, Assets Under Management (AUM) of 882.49 Crores, and an expense ratio of 0.56%.
- Mahindra Manulife Balanced Advantage Fund Direct Growth has given a CAGR return of 13.18% since inception.
- The fund's asset allocation comprises around 60.20% in equities, 23.23% in debts, and 16.57% in cash & cash equivalents.
- You can start investing in Mahindra Manulife Balanced Advantage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+10.71%
+8.25% (Cat Avg.)
3 Years
+15.96%
+13.99% (Cat Avg.)
Since Inception
+13.18%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2025
| Equity | ₹531.28 Cr | 60.20% |
| Debt | ₹205 Cr | 23.23% |
| Others | ₹146.22 Cr | 16.57% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹89.18 Cr | 10.11% |
| Triparty Repo | Cash - Repurchase Agreement | ₹57.04 Cr | 6.46% |
| 6.92% Govt Stock 2039 | Bond - Gov't/Treasury | ₹38.1 Cr | 4.32% |
| Bajaj Finance Ltd | Equity | ₹34.11 Cr | 3.86% |
| HDFC Bank Ltd | Equity | ₹30.99 Cr | 3.51% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.38 Cr | 2.88% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹25.31 Cr | 2.87% |
| Muthoot Finance Ltd. 8.52% | Bond - Corporate Bond | ₹25.25 Cr | 2.86% |
| Reliance Industries Ltd | Equity | ₹25.01 Cr | 2.83% |
| Divi's Laboratories Ltd | Equity | ₹21.3 Cr | 2.41% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹20.46 Cr | 2.32% |
| 7.09% Govt Stock 2054 | Bond - Gov't/Treasury | ₹19.74 Cr | 2.24% |
| UltraTech Cement Ltd | Equity | ₹18.74 Cr | 2.12% |
| ICICI Bank Ltd | Equity | ₹17.98 Cr | 2.04% |
| REC Ltd | Equity | ₹17.35 Cr | 1.97% |
| IndusInd Bank Ltd | Equity | ₹17.27 Cr | 1.96% |
| Future on Trent Ltd | Equity - Future | ₹-16.77 Cr | 1.90% |
| Trent Ltd | Equity | ₹16.76 Cr | 1.90% |
| InterGlobe Aviation Ltd | Equity | ₹16.01 Cr | 1.81% |
| Axis Bank Ltd | Equity | ₹15.88 Cr | 1.80% |
| State Bank of India | Equity | ₹15.54 Cr | 1.76% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹14.94 Cr | 1.69% |
| Bharti Airtel Ltd | Equity | ₹14.92 Cr | 1.69% |
| LTIMindtree Ltd | Equity | ₹12.75 Cr | 1.44% |
| 364 DTB 06112025 | Bond - Gov't/Treasury | ₹12.61 Cr | 1.43% |
| Future on Persistent Systems Ltd | Equity - Future | ₹-12.47 Cr | 1.41% |
| Persistent Systems Ltd | Equity | ₹12.45 Cr | 1.41% |
| Bajaj Finserv Ltd | Equity | ₹12.1 Cr | 1.37% |
| Tech Mahindra Ltd | Equity | ₹12.02 Cr | 1.36% |
| Maruti Suzuki India Ltd | Equity | ₹12.01 Cr | 1.36% |
| Bharti Telecom Limited 8.75% | Bond - Corporate Bond | ₹10.25 Cr | 1.16% |
| 364 Days Tbill 2025 | Bond - Gov't/Treasury | ₹9.79 Cr | 1.11% |
| India (Republic of) | Bond - Short-term Government Bills | ₹9.73 Cr | 1.10% |
| Future on Axis Bank Ltd | Equity - Future | ₹-9.38 Cr | 1.06% |
| The Federal Bank Ltd | Equity | ₹9.19 Cr | 1.04% |
| Laurus Labs Ltd | Equity | ₹9.18 Cr | 1.04% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹8.54 Cr | 0.97% |
| APL Apollo Tubes Ltd | Equity | ₹8.29 Cr | 0.94% |
| Page Industries Ltd | Equity | ₹8.21 Cr | 0.93% |
| IDFC First Bank Ltd | Equity | ₹8.11 Cr | 0.92% |
| Aditya Vision Ltd | Equity | ₹8.1 Cr | 0.92% |
| Devyani International Ltd | Equity | ₹8.04 Cr | 0.91% |
| Piramal Enterprises Ltd | Equity | ₹8 Cr | 0.91% |
| ABB India Ltd | Equity | ₹7.9 Cr | 0.89% |
| Kotak Mahindra Bank Ltd | Equity | ₹7.73 Cr | 0.88% |
| Tata Steel Ltd | Equity | ₹7.56 Cr | 0.86% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-7.53 Cr | 0.85% |
| Mphasis Ltd | Equity | ₹7.53 Cr | 0.85% |
| Mahanagar Gas Ltd | Equity | ₹7.5 Cr | 0.85% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-7.05 Cr | 0.80% |
| Hindustan Unilever Ltd | Equity | ₹7.03 Cr | 0.80% |
| Oracle Financial Services Software Ltd | Equity | ₹6.98 Cr | 0.79% |
| PI Industries Ltd | Equity | ₹6.84 Cr | 0.78% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-6.77 Cr | 0.77% |
| GAIL (India) Ltd | Equity | ₹6.75 Cr | 0.77% |
| Kaynes Technology India Ltd | Equity | ₹6.67 Cr | 0.76% |
| Infosys Ltd | Equity | ₹6.6 Cr | 0.75% |
| Varun Beverages Ltd | Equity | ₹6.53 Cr | 0.74% |
| Bajaj Auto Ltd | Equity | ₹6.42 Cr | 0.73% |
| L.G.Balakrishnan & Bros Ltd | Equity | ₹6 Cr | 0.68% |
| Mankind Pharma Ltd | Equity | ₹5.97 Cr | 0.68% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹5.9 Cr | 0.67% |
| Coforge Ltd | Equity | ₹5.84 Cr | 0.66% |
| Sai Life Sciences Ltd | Equity | ₹5.78 Cr | 0.65% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹5.76 Cr | 0.65% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹5.72 Cr | 0.65% |
| Balrampur Chini Mills Ltd | Equity | ₹5.4 Cr | 0.61% |
| 7.23% Govt Stock 2039 | Bond - Gov't/Treasury | ₹5.35 Cr | 0.61% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹5.1 Cr | 0.58% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹5.07 Cr | 0.57% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹4.93 Cr | 0.56% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹4.88 Cr | 0.55% |
| CRISIL Ltd | Equity | ₹4.76 Cr | 0.54% |
| JSW Energy Ltd | Equity | ₹4.7 Cr | 0.53% |
| Angel One Ltd Ordinary Shares | Equity | ₹4.56 Cr | 0.52% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-4.01 Cr | 0.45% |
| Arvind Fashions Ltd | Equity | ₹3.57 Cr | 0.40% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹3.22 Cr | 0.36% |
| Aditya Birla Sun Life AMC Ltd | Equity | ₹2.32 Cr | 0.26% |
| Arvind Ltd | Equity | ₹1.93 Cr | 0.22% |
| SRF Ltd | Equity | ₹1.05 Cr | 0.12% |
Allocation By Market Cap (Equity)
Large Cap Stocks
37.22%
Mid Cap Stocks
13.39%
Small Cap Stocks
9.59%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹225.2 Cr | 25.52% |
| Consumer Cyclical | ₹76.8 Cr | 8.70% |
| Technology | ₹64.18 Cr | 7.27% |
| Healthcare | ₹47.95 Cr | 5.43% |
| Basic Materials | ₹41.44 Cr | 4.70% |
| Communication Services | ₹40.22 Cr | 4.56% |
| Industrials | ₹36.56 Cr | 4.14% |
| Energy | ₹25.01 Cr | 2.83% |
| Consumer Defensive | ₹18.95 Cr | 2.15% |
| Utilities | ₹18.95 Cr | 2.15% |
Risk & Performance Ratios
Standard Deviation
This fund
8.70%
Cat. avg.
8.36%
Lower the better
Sharpe Ratio
This fund
0.97
Cat. avg.
0.82
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.41
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th April 2025
ISIN INF174V01BE0 | Expense Ratio 0.56% | Exit Load 1.00% | Fund Size ₹882 Cr | Age 3 years 5 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
About the AMC
Mahindra Manulife Mutual Fund
Total AUM
₹17,829 Cr
Address
570 P. B. Marg, Worli, Mumbai 400018, Mumbai, 400018
Other Funds by Mahindra Manulife Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
Take control of your wealth
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Mahindra Manulife Balanced Advantage Fund Direct Growth?
The NAV of Mahindra Manulife Balanced Advantage Fund Direct Growth, as of 06-Jun-2025, is ₹15.30.
What are the returns of Mahindra Manulife Balanced Advantage Fund Direct Growth?
The fund has generated 10.71% over the last 1 year and 15.96% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Mahindra Manulife Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 60.20% in equities, 23.23% in bonds, and 16.57% in cash and cash equivalents.
Who manages the Mahindra Manulife Balanced Advantage Fund Direct Growth?
The fund managers responsible for Mahindra Manulife Balanced Advantage Fund Direct Growth are:-
- Rahul Pal
- Manish Lodha
- Fatema Pacha
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
Mahindra Manulife Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationVery High Risk
Direct
NAV (06-Jun-25)
₹15.300.83%1D
Returns (Since Inception)
13.18%
Rated ★4.3+ on
Fund Overview
Fund Size
₹882 Cr
Expense Ratio
0.56%
ISIN
INF174V01BE0
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
30 Dec 2021
Risk Level
Your principal amount will be at Very High Risk
About this fund
Mahindra Manulife Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by Mahindra Manulife Mutual Fund. This fund has been in existence for 3 years, 5 months and 10 days, having been launched on 30-Dec-21.
As of 06-Jun-25, it has a Net Asset Value (NAV) of ₹15.30, Assets Under Management (AUM) of 882.49 Crores, and an expense ratio of 0.56%.
As of 06-Jun-25, it has a Net Asset Value (NAV) of ₹15.30, Assets Under Management (AUM) of 882.49 Crores, and an expense ratio of 0.56%.
- Mahindra Manulife Balanced Advantage Fund Direct Growth has given a CAGR return of 13.18% since inception.
- The fund's asset allocation comprises around 60.20% in equities, 23.23% in debts, and 16.57% in cash & cash equivalents.
- You can start investing in Mahindra Manulife Balanced Advantage Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+10.71%
+8.25% (Cat Avg.)
3 Years
+15.96%
+13.99% (Cat Avg.)
Since Inception
+13.18%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2025
| Equity | ₹531.28 Cr | 60.20% |
| Debt | ₹205 Cr | 23.23% |
| Others | ₹146.22 Cr | 16.57% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹89.18 Cr | 10.11% |
| Triparty Repo | Cash - Repurchase Agreement | ₹57.04 Cr | 6.46% |
| 6.92% Govt Stock 2039 | Bond - Gov't/Treasury | ₹38.1 Cr | 4.32% |
| Bajaj Finance Ltd | Equity | ₹34.11 Cr | 3.86% |
| HDFC Bank Ltd | Equity | ₹30.99 Cr | 3.51% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹25.38 Cr | 2.88% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹25.31 Cr | 2.87% |
| Muthoot Finance Ltd. 8.52% | Bond - Corporate Bond | ₹25.25 Cr | 2.86% |
| Reliance Industries Ltd | Equity | ₹25.01 Cr | 2.83% |
| Divi's Laboratories Ltd | Equity | ₹21.3 Cr | 2.41% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹20.46 Cr | 2.32% |
| 7.09% Govt Stock 2054 | Bond - Gov't/Treasury | ₹19.74 Cr | 2.24% |
| UltraTech Cement Ltd | Equity | ₹18.74 Cr | 2.12% |
| ICICI Bank Ltd | Equity | ₹17.98 Cr | 2.04% |
| REC Ltd | Equity | ₹17.35 Cr | 1.97% |
| IndusInd Bank Ltd | Equity | ₹17.27 Cr | 1.96% |
| Future on Trent Ltd | Equity - Future | ₹-16.77 Cr | 1.90% |
| Trent Ltd | Equity | ₹16.76 Cr | 1.90% |
| InterGlobe Aviation Ltd | Equity | ₹16.01 Cr | 1.81% |
| Axis Bank Ltd | Equity | ₹15.88 Cr | 1.80% |
| State Bank of India | Equity | ₹15.54 Cr | 1.76% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹14.94 Cr | 1.69% |
| Bharti Airtel Ltd | Equity | ₹14.92 Cr | 1.69% |
| LTIMindtree Ltd | Equity | ₹12.75 Cr | 1.44% |
| 364 DTB 06112025 | Bond - Gov't/Treasury | ₹12.61 Cr | 1.43% |
| Future on Persistent Systems Ltd | Equity - Future | ₹-12.47 Cr | 1.41% |
| Persistent Systems Ltd | Equity | ₹12.45 Cr | 1.41% |
| Bajaj Finserv Ltd | Equity | ₹12.1 Cr | 1.37% |
| Tech Mahindra Ltd | Equity | ₹12.02 Cr | 1.36% |
| Maruti Suzuki India Ltd | Equity | ₹12.01 Cr | 1.36% |
| Bharti Telecom Limited 8.75% | Bond - Corporate Bond | ₹10.25 Cr | 1.16% |
| 364 Days Tbill 2025 | Bond - Gov't/Treasury | ₹9.79 Cr | 1.11% |
| India (Republic of) | Bond - Short-term Government Bills | ₹9.73 Cr | 1.10% |
| Future on Axis Bank Ltd | Equity - Future | ₹-9.38 Cr | 1.06% |
| The Federal Bank Ltd | Equity | ₹9.19 Cr | 1.04% |
| Laurus Labs Ltd | Equity | ₹9.18 Cr | 1.04% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹8.54 Cr | 0.97% |
| APL Apollo Tubes Ltd | Equity | ₹8.29 Cr | 0.94% |
| Page Industries Ltd | Equity | ₹8.21 Cr | 0.93% |
| IDFC First Bank Ltd | Equity | ₹8.11 Cr | 0.92% |
| Aditya Vision Ltd | Equity | ₹8.1 Cr | 0.92% |
| Devyani International Ltd | Equity | ₹8.04 Cr | 0.91% |
| Piramal Enterprises Ltd | Equity | ₹8 Cr | 0.91% |
| ABB India Ltd | Equity | ₹7.9 Cr | 0.89% |
| Kotak Mahindra Bank Ltd | Equity | ₹7.73 Cr | 0.88% |
| Tata Steel Ltd | Equity | ₹7.56 Cr | 0.86% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-7.53 Cr | 0.85% |
| Mphasis Ltd | Equity | ₹7.53 Cr | 0.85% |
| Mahanagar Gas Ltd | Equity | ₹7.5 Cr | 0.85% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-7.05 Cr | 0.80% |
| Hindustan Unilever Ltd | Equity | ₹7.03 Cr | 0.80% |
| Oracle Financial Services Software Ltd | Equity | ₹6.98 Cr | 0.79% |
| PI Industries Ltd | Equity | ₹6.84 Cr | 0.78% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-6.77 Cr | 0.77% |
| GAIL (India) Ltd | Equity | ₹6.75 Cr | 0.77% |
| Kaynes Technology India Ltd | Equity | ₹6.67 Cr | 0.76% |
| Infosys Ltd | Equity | ₹6.6 Cr | 0.75% |
| Varun Beverages Ltd | Equity | ₹6.53 Cr | 0.74% |
| Bajaj Auto Ltd | Equity | ₹6.42 Cr | 0.73% |
| L.G.Balakrishnan & Bros Ltd | Equity | ₹6 Cr | 0.68% |
| Mankind Pharma Ltd | Equity | ₹5.97 Cr | 0.68% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹5.9 Cr | 0.67% |
| Coforge Ltd | Equity | ₹5.84 Cr | 0.66% |
| Sai Life Sciences Ltd | Equity | ₹5.78 Cr | 0.65% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹5.76 Cr | 0.65% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹5.72 Cr | 0.65% |
| Balrampur Chini Mills Ltd | Equity | ₹5.4 Cr | 0.61% |
| 7.23% Govt Stock 2039 | Bond - Gov't/Treasury | ₹5.35 Cr | 0.61% |
| Embassy Office Parks Reit | Bond - Corporate Bond | ₹5.1 Cr | 0.58% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹5.07 Cr | 0.57% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹4.93 Cr | 0.56% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹4.88 Cr | 0.55% |
| CRISIL Ltd | Equity | ₹4.76 Cr | 0.54% |
| JSW Energy Ltd | Equity | ₹4.7 Cr | 0.53% |
| Angel One Ltd Ordinary Shares | Equity | ₹4.56 Cr | 0.52% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-4.01 Cr | 0.45% |
| Arvind Fashions Ltd | Equity | ₹3.57 Cr | 0.40% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹3.22 Cr | 0.36% |
| Aditya Birla Sun Life AMC Ltd | Equity | ₹2.32 Cr | 0.26% |
| Arvind Ltd | Equity | ₹1.93 Cr | 0.22% |
| SRF Ltd | Equity | ₹1.05 Cr | 0.12% |
Allocation By Market Cap (Equity)
Large Cap Stocks
37.22%
Mid Cap Stocks
13.39%
Small Cap Stocks
9.59%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹225.2 Cr | 25.52% |
| Consumer Cyclical | ₹76.8 Cr | 8.70% |
| Technology | ₹64.18 Cr | 7.27% |
| Healthcare | ₹47.95 Cr | 5.43% |
| Basic Materials | ₹41.44 Cr | 4.70% |
| Communication Services | ₹40.22 Cr | 4.56% |
| Industrials | ₹36.56 Cr | 4.14% |
| Energy | ₹25.01 Cr | 2.83% |
| Consumer Defensive | ₹18.95 Cr | 2.15% |
| Utilities | ₹18.95 Cr | 2.15% |
Risk & Performance Ratios
Standard Deviation
This fund
8.70%
Cat. avg.
8.36%
Lower the better
Sharpe Ratio
This fund
0.97
Cat. avg.
0.82
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.41
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th April 2025
ISIN INF174V01BE0 | Expense Ratio 0.56% | Exit Load 1.00% | Fund Size ₹882 Cr | Age 3 years 5 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
About the AMC
Mahindra Manulife Mutual Fund
Total AUM
₹17,829 Cr
Address
570 P. B. Marg, Worli, Mumbai 400018, Mumbai, 400018
Other Funds by Mahindra Manulife Mutual Fund
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Mahindra Manulife Balanced Advantage Fund Direct Growth?
The NAV of Mahindra Manulife Balanced Advantage Fund Direct Growth, as of 06-Jun-2025, is ₹15.30.
What are the returns of Mahindra Manulife Balanced Advantage Fund Direct Growth?
The fund has generated 10.71% over the last 1 year and 15.96% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Mahindra Manulife Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 60.20% in equities, 23.23% in bonds, and 16.57% in cash and cash equivalents.
Who manages the Mahindra Manulife Balanced Advantage Fund Direct Growth?
The fund managers responsible for Mahindra Manulife Balanced Advantage Fund Direct Growth are:-
- Rahul Pal
- Manish Lodha
- Fatema Pacha
Track & Analyse all your investments in one place
Compare your portfolio's performance with benchmarks
Identify potential risks in your portfolio and learn to fix them
Track all your family's investments in one place
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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