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Fund Overview

Fund Size

Fund Size

₹739 Cr

Expense Ratio

Expense Ratio

2.28%

ISIN

ISIN

INF174V01BB6

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

30 Dec 2021

About this fund

Mahindra Manulife Balanced Advantage Fund Regular Growth is a Dynamic Asset Allocation mutual fund schemes offered by Mahindra Manulife Mutual Fund. This fund has been in existence for 2 years, 5 months and 19 days, having been launched on 30-Dec-21.
As of 14-Jun-24, it has a Net Asset Value (NAV) of ₹13.59, Assets Under Management (AUM) of 738.59 Crores, and an expense ratio of 2.28%.
  • Mahindra Manulife Balanced Advantage Fund Regular Growth has given a CAGR return of 13.32% since inception.
  • The fund's asset allocation comprises around 60.25% in equities, 21.93% in debts, and 17.81% in cash & cash equivalents.
  • You can start investing in Mahindra Manulife Balanced Advantage Fund Regular 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

+28.29%

+24.40% (Cat Avg.)

Since Inception

+13.32%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity445.03 Cr60.25%
Debt161.99 Cr21.93%
Others131.57 Cr17.81%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Net Receivables / (Payables)Cash71.97 Cr9.74%
7.18% Govt Stock 2037Bond - Gov't/Treasury41.88 Cr5.67%
Reliance Industries LtdEquity34.04 Cr4.61%
NTPC LtdEquity28.18 Cr3.82%
Triparty RepoCash - Repurchase Agreement27.39 Cr3.71%
Canara BankEquity25.08 Cr3.39%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond24.6 Cr3.33%
Larsen & Toubro LtdEquity20.18 Cr2.73%
State Bank of IndiaEquity20.09 Cr2.72%
Bharti Airtel LtdEquity19.9 Cr2.69%
Coal India LtdEquity19.4 Cr2.63%
Future on NTPC LtdEquity - Future-18.46 Cr2.50%
Tata Consultancy Services LtdEquity18.43 Cr2.50%
Hindustan Petroleum Corp LtdEquity18 Cr2.44%
Tata Power Co LtdEquity17.47 Cr2.37%
7.18% Govt Stock 2033Bond - Gov't/Treasury16.14 Cr2.19%
7.1% Govt Stock 2034Bond - Gov't/Treasury16.13 Cr2.18%
United Spirits LtdEquity15.65 Cr2.12%
7.38% Govt Stock 2027Bond - Gov't/Treasury15.13 Cr2.05%
HDFC Bank LimitedCash - CD/Time Deposit14.69 Cr1.99%
Indus Towers Ltd Ordinary SharesEquity13.93 Cr1.89%
Grasim Industries LtdEquity12.74 Cr1.72%
HDFC Bank LimitedCash - CD/Time Deposit12.52 Cr1.69%
364 DTB 02052025Bond - Gov't/Treasury12.49 Cr1.69%
Future on Coal India LtdEquity - Future-11.41 Cr1.55%
Indian Oil Corp LtdEquity11.37 Cr1.54%
Indian Oil Corporation Limited June 2024 FutureEquity - Future-11.34 Cr1.54%
ICICI Bank LtdEquity11.09 Cr1.50%
Cipla LtdEquity10.85 Cr1.47%
Tata Motors Ltd Class AEquity10.51 Cr1.42%
Future on Power Grid Corp Of India LtdEquity - Future-10.44 Cr1.41%
Power Grid Corp Of India LtdEquity10.38 Cr1.41%
Rec LimitedBond - Corporate Bond9.94 Cr1.35%
ACC LtdEquity9.8 Cr1.33%
364 DTB 21112024Bond - Gov't/Treasury9.68 Cr1.31%
Wipro LtdEquity9.64 Cr1.31%
Eicher Motors LtdEquity9.47 Cr1.28%
Bharti Hexacom LtdEquity9.37 Cr1.27%
Dr Reddy's Laboratories LtdEquity9.27 Cr1.25%
Bharti Telecom LimitedBond - Corporate Bond9.02 Cr1.22%
Garden Reach Shipbuilders & Engineers LtdEquity8.9 Cr1.21%
IRCON International LtdEquity8.12 Cr1.10%
Union Bank of IndiaEquity8.01 Cr1.08%
INOX India LtdEquity7.81 Cr1.06%
Biocon LtdEquity7.73 Cr1.05%
Future on Larsen & Toubro LtdEquity - Future-7.44 Cr1.01%
L.G.Balakrishnan & Bros LtdEquity6.82 Cr0.92%
Titagarh Rail Systems LtdEquity6.62 Cr0.90%
Shriram Finance LtdEquity6.36 Cr0.86%
HDFC Asset Management Co LtdEquity6.21 Cr0.84%
Power Mech Projects LtdEquity6.02 Cr0.82%
Bharat Electronics LtdEquity5.92 Cr0.80%
Jammu & Kashmir Bank LtdEquity5.79 Cr0.78%
Central Depository Services (India) LtdEquity5.62 Cr0.76%
Aditya Vision LtdEquity5.53 Cr0.75%
SRF LtdEquity5.53 Cr0.75%
K.P.R. Mill LtdEquity5.39 Cr0.73%
Future on Tata Consultancy Services LtdEquity - Future-5.18 Cr0.70%
Punjab National BankEquity5.18 Cr0.70%
The South Indian Bank LtdEquity5.05 Cr0.68%
Power Finance Corporation LimitedBond - Corporate Bond5 Cr0.68%
Power Finance Corporation Ltd.Bond - Corporate Bond5 Cr0.68%
Vardhman Textiles LtdEquity4.07 Cr0.55%
Balrampur Chini Mills LtdEquity3.78 Cr0.51%
Max Healthcare Institute Ltd Ordinary SharesEquity3.76 Cr0.51%
Gujarat State Fertilizers & Chemicals LtdEquity3.43 Cr0.46%
Jyoti CNC Automation LtdEquity3.37 Cr0.46%
GAIL (India) LtdEquity3.18 Cr0.43%
Apar Industries LtdEquity2.92 Cr0.40%
Indian Hotels Co LtdEquity2.79 Cr0.38%
National Bank for Agriculture and Rural Development 7.62%Bond - Gov't Agency Debt2 Cr0.27%
Aadhar Housing Finance LtdEquity0.48 Cr0.07%
Divi's Laboratories LtdEquity0.06 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

41.22%

Mid Cap Stocks

9.61%

Small Cap Stocks

10.90%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services98.96 Cr13.40%
Energy82.82 Cr11.21%
Industrials69.87 Cr9.46%
Utilities59.21 Cr8.02%
Consumer Cyclical44.58 Cr6.04%
Communication Services43.2 Cr5.85%
Healthcare31.68 Cr4.29%
Basic Materials31.5 Cr4.27%
Technology28.07 Cr3.80%
Consumer Defensive19.43 Cr2.63%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

7.32%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.83

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.62

Higher the better

Fund Managers

RP

Rahul Pal

Since December 2021

ML

Manish Lodha

Since December 2021

Fatema Pacha

Fatema Pacha

Since December 2021

Additional Scheme Detailsas of 31st May 2024

ISININF174V01BB6Expense Ratio2.28%Exit Load1.00%Fund Size₹739 CrAge30 Dec 2021Lumpsum Minimum₹1,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty 50 Hybrid Comp Debt 50:50 TR INR

Investment ObjectiveInvestment 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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

Fund nameExpense RatioExit LoadFund size
1Y
Motilal Oswal Balance Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹1233.45 Cr29.7%
Motilal Oswal Balance Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹1233.45 Cr31.3%
Quant Dynamic Asset Allocation Fund Direct Growth

High Risk

0.7%1.0%₹1148.29 Cr64.7%
Quant Dynamic Asset Allocation Fund Regular Growth

High Risk

2.1%1.0%₹1148.29 Cr62.2%
Bandhan Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%1.0%₹2216.86 Cr21.0%
Bandhan Balanced Advantage Fund Regular Growth

Moderately High risk

1.9%1.0%₹2216.86 Cr19.4%
Mahindra Manulife Balanced Advantage Fund Regular Growth

Very High Risk

2.3%1.0%₹738.59 Cr28.3%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹738.59 Cr30.5%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1589.97 Cr23.2%
Mirae Asset Balanced Advantage Fund Regular Growth

High Risk

2.1%1.0%₹1589.97 Cr21.5%

About the AMC

Total AUM

₹14,916 Cr

Address

570 P. B. Marg, Worli, Mumbai 400018, Mumbai, 400018

Other Funds by Mahindra Manulife Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mahindra Manulife Business Cycle Fund Direct Growth

Very High Risk

0.4%1.0%₹877.71 Cr-
Mahindra Manulife Large Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹470.94 Cr34.8%
Mahindra Manulife Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹1250.77 Cr7.4%
Mahindra Manulife ELSS Fund Direct Growth

Very High Risk

0.6%0.0%₹866.79 Cr34.2%
Mahindra Manulife Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹217.21 Cr6.8%
Mahindra Manulife Asia Pacific REITs FOF Direct Growth

Very High Risk

0.5%1.0%₹20.07 Cr-8.1%
Mahindra Manulife Equity Savings Fund Direct Growth

Moderately High risk

0.7%1.0%₹491.46 Cr20.2%
Mahindra Manulife Dynamic Bond Fund Direct Growth

Moderate Risk

0.4%0.0%₹64.21 Cr7.9%
Mahindra Manulife Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹51.08 Cr7.6%
Mahindra Manulife Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹73.62 Cr7.2%
Mahindra Manulife Aggressive Hybrid Fund Direct Growth

Very High Risk

0.5%1.0%₹1168.14 Cr36.1%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹738.59 Cr30.5%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Mahindra Manulife Balanced Advantage Fund Regular Growth, as of 14-Jun-2024, is ₹13.59.
The fund's allocation of assets is distributed as 60.25% in equities, 21.93% in bonds, and 17.81% in cash and cash equivalents.
The fund managers responsible for Mahindra Manulife Balanced Advantage Fund Regular Growth are:-
  1. Rahul Pal
  2. Manish Lodha
  3. Fatema Pacha