Mahindra Manulife Balanced Advantage Fund Regular Growth
HybridDynamic Asset AllocationVery High Risk
Regular
NAV (25-Jul-24)
₹13.970.05%1D
Returns (Since Inception)
13.91%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹739 Cr
Expense Ratio
2.26%
ISIN
INF174V01BB6
Minimum SIP
₹1,000
Exit Load
1.00%
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, 6 months and 26 days, having been launched on 30-Dec-21.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹13.97, Assets Under Management (AUM) of 738.59 Crores, and an expense ratio of 2.26%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹13.97, Assets Under Management (AUM) of 738.59 Crores, and an expense ratio of 2.26%.
- Mahindra Manulife Balanced Advantage Fund Regular Growth has given a CAGR return of 13.91% since inception.
- The fund's asset allocation comprises around 58.35% in equities, 23.00% in debts, and 18.65% 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
+26.09%
+23.53% (Cat Avg.)
Since Inception
+13.91%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹430.95 Cr | 58.35% |
| Debt | ₹169.89 Cr | 23.00% |
| Others | ₹137.75 Cr | 18.65% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash - Collateral | ₹84.62 Cr | 10.90% |
| Triparty Repo | Cash - Repurchase Agreement | ₹60.17 Cr | 7.75% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹41.98 Cr | 5.41% |
| Reliance Industries Ltd | Equity | ₹40.92 Cr | 5.27% |
| HDFC Bank Ltd | Equity | ₹35.31 Cr | 4.55% |
| NTPC Ltd | Equity | ₹30.65 Cr | 3.95% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.65 Cr | 3.18% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹22.14 Cr | 2.85% |
| Tata Consultancy Services Ltd | Equity | ₹19.6 Cr | 2.52% |
| ICICI Bank Ltd | Equity | ₹18.58 Cr | 2.39% |
| Wipro Ltd | Equity | ₹18.53 Cr | 2.39% |
| Tata Power Co Ltd | Equity | ₹17.62 Cr | 2.27% |
| United Spirits Ltd | Equity | ₹17.23 Cr | 2.22% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹15.16 Cr | 1.95% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹15.01 Cr | 1.93% |
| National Bank for Agriculture and Rural Development 7.62% | Bond - Gov't Agency Debt | ₹14.97 Cr | 1.93% |
| Grasim Industries Ltd | Equity | ₹14.69 Cr | 1.89% |
| Kotak Mahindra Bank Ltd | Equity | ₹14.46 Cr | 1.86% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-14.35 Cr | 1.85% |
| Bharti Airtel Ltd | Equity | ₹14.3 Cr | 1.84% |
| Future on NTPC Ltd | Equity - Future | ₹-13.72 Cr | 1.77% |
| Hindustan Petroleum Corp Ltd | Equity | ₹13.37 Cr | 1.72% |
| 364 DTB 02052025 | Bond - Gov't/Treasury | ₹12.56 Cr | 1.62% |
| State Bank of India | Equity | ₹12.22 Cr | 1.57% |
| Samvardhana Motherson International Ltd | Equity | ₹11.48 Cr | 1.48% |
| Future on Power Grid Corp Of India Ltd | Equity - Future | ₹-11.15 Cr | 1.44% |
| Power Grid Corp Of India Ltd | Equity | ₹11.08 Cr | 1.43% |
| Future on Coal India Ltd | Equity - Future | ₹-11 Cr | 1.42% |
| Coal India Ltd | Equity | ₹10.93 Cr | 1.41% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹10.3 Cr | 1.33% |
| ACC Ltd | Equity | ₹10.08 Cr | 1.30% |
| Bharat Forge Ltd | Equity | ₹10.02 Cr | 1.29% |
| Rec Limited | Bond - Corporate Bond | ₹9.95 Cr | 1.28% |
| 364 DTB 21112024 | Bond - Gov't/Treasury | ₹9.74 Cr | 1.25% |
| Garden Reach Shipbuilders & Engineers Ltd | Equity | ₹9.45 Cr | 1.22% |
| Eicher Motors Ltd | Equity | ₹9.35 Cr | 1.20% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹9.04 Cr | 1.16% |
| Cipla Ltd | Equity | ₹8.88 Cr | 1.14% |
| Biocon Ltd | Equity | ₹8.78 Cr | 1.13% |
| Hindustan Unilever Ltd | Equity | ₹8.75 Cr | 1.13% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹8.52 Cr | 1.10% |
| INOX India Ltd | Equity | ₹8.15 Cr | 1.05% |
| L.G.Balakrishnan & Bros Ltd | Equity | ₹7.86 Cr | 1.01% |
| Exide Industries Ltd | Equity | ₹7.85 Cr | 1.01% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-7.78 Cr | 1.00% |
| Future on Indus Towers Ltd Ordinary Shares | Equity - Future | ₹-7.71 Cr | 0.99% |
| Aditya Vision Ltd | Equity | ₹7.7 Cr | 0.99% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-7.24 Cr | 0.93% |
| Larsen & Toubro Ltd | Equity | ₹7.19 Cr | 0.93% |
| Bandhan Bank Ltd | Equity | ₹7.13 Cr | 0.92% |
| Zomato Ltd | Equity | ₹7.02 Cr | 0.90% |
| Indian Hotels Co Ltd | Equity | ₹6.56 Cr | 0.85% |
| Central Depository Services (India) Ltd | Equity | ₹6.45 Cr | 0.83% |
| Power Mech Projects Ltd | Equity | ₹6.43 Cr | 0.83% |
| HDFC Asset Management Co Ltd | Equity | ₹6.39 Cr | 0.82% |
| Axis Bank Ltd | Equity | ₹6.33 Cr | 0.81% |
| K.P.R. Mill Ltd | Equity | ₹6.18 Cr | 0.80% |
| SRF Ltd | Equity | ₹6.09 Cr | 0.78% |
| Jyoti CNC Automation Ltd | Equity | ₹5.67 Cr | 0.73% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-5.49 Cr | 0.71% |
| Shriram Finance Ltd | Equity | ₹5.24 Cr | 0.68% |
| Godrej Consumer Products Ltd | Equity | ₹5.05 Cr | 0.65% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹5 Cr | 0.64% |
| Persistent Systems Ltd | Equity | ₹4.96 Cr | 0.64% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹4.7 Cr | 0.61% |
| Vardhman Textiles Ltd | Equity | ₹4.32 Cr | 0.56% |
| Balrampur Chini Mills Ltd | Equity | ₹4.3 Cr | 0.55% |
| GAIL (India) Ltd | Equity | ₹3.42 Cr | 0.44% |
| Apar Industries Ltd | Equity | ₹3.13 Cr | 0.40% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹3.09 Cr | 0.40% |
| JK Paper Ltd | Equity | ₹2.71 Cr | 0.35% |
| Aadhar Housing Finance Ltd | Equity | ₹0.58 Cr | 0.07% |
| Indian Oil Corp Ltd | Equity | ₹0.13 Cr | 0.02% |
| Divi's Laboratories Ltd | Equity | ₹0.07 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
36.16%
Mid Cap Stocks
12.50%
Small Cap Stocks
8.89%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹112.69 Cr | 14.52% |
| Consumer Cyclical | ₹78.33 Cr | 10.09% |
| Energy | ₹65.34 Cr | 8.42% |
| Utilities | ₹62.77 Cr | 8.08% |
| Technology | ₹51.62 Cr | 6.65% |
| Industrials | ₹40.01 Cr | 5.15% |
| Consumer Defensive | ₹35.33 Cr | 4.55% |
| Basic Materials | ₹33.57 Cr | 4.32% |
| Communication Services | ₹29.31 Cr | 3.78% |
| Healthcare | ₹22.43 Cr | 2.89% |
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
Additional Scheme Detailsas of 30th June 2024
ISIN | INF174V01BB6 | Expense Ratio | 2.26% | Exit Load | 1.00% | Fund Size | ₹739 Cr | Age | 30 Dec 2021 | 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
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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1226.73 Cr | 25.9% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1226.73 Cr | 27.4% |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1196.62 Cr | 57.3% |
| Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1196.62 Cr | 54.9% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.6% | 1.0% | ₹2264.44 Cr | 20.0% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 1.9% | 1.0% | ₹2264.44 Cr | 18.5% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹738.59 Cr | 26.1% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹738.59 Cr | 28.3% |
| Mirae Asset Balanced Advantage Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1655.04 Cr | 21.5% |
| Mirae Asset Balanced Advantage Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1655.04 Cr | 19.8% |
About the AMC
Total AUM
₹15,529 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
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We're here to help.
What is the current NAV of Mahindra Manulife Balanced Advantage Fund Regular Growth?
The NAV of Mahindra Manulife Balanced Advantage Fund Regular Growth, as of 25-Jul-2024, is ₹13.97.
What is the portfolio composition of Mahindra Manulife Balanced Advantage Fund Regular Growth?
The fund's allocation of assets is distributed as 58.35% in equities, 23.00% in bonds, and 18.65% in cash and cash equivalents.
Who manages the Mahindra Manulife Balanced Advantage Fund Regular Growth?
The fund managers responsible for Mahindra Manulife Balanced Advantage Fund Regular Growth are:-
- Rahul Pal
- Manish Lodha
- Fatema Pacha
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 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.