Mahindra Manulife Balanced Advantage Fund Direct Growth
Very High Risk
Hybrid
4 Star
₹15.52
0.33%1D Change
12.57%p.a.
Very High Risk
Hybrid
4 Star
₹15.52
0.33%1D Change
12.57%p.a.
Mahindra Manulife Balanced Advantage Fund Direct Growth
₹15.52
0.33%1D
12.57%p.a.
Returns Calculator
Investment Type
Fund Overview
- Rating4 Star
- Expense ratio0.58%
- Exit Load1% within 90 days
- AUM (Fund size)₹843.27 Crore
- Lock-in periodNo Lock-in
- Age3 yrs since Dec 30, 2021
- Min. investmentSIP ₹500 & Lump. ₹1000
- RiskVery High
- Short-term capital gains (STCG)Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains (LTCG)After 1 year, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year
Fund Distribution
| Holding Name | Assets (%) |
|---|---|
| Net Receivables / (Payables) | 6.54% |
| Triparty Repo | 4.51% |
| HDFC Bank Ltd | 3.38% |
| UltraTech Cement Ltd | 2.87% |
| National Bank For Agriculture And Rural Development | 2.8% |
Peer Comparison
| Fund Name | AUM (In Crs.) | NAV | Risk |
|---|---|---|---|
| ICICI Prudential Balanced... | ₹ 65,711 Cr | ₹84.42 | 0.42% | High |
| DSP Dynamic Asset Allocat... | ₹ 3,271 Cr | ₹31.92 | 0.31% | Moderately High risk |
| Aditya Birla Sun Life Bal... | ₹ 8,208 Cr | ₹122.22 | 0.40% | Moderately High risk |
| Nippon India Balanced Adv... | ₹ 9,317 Cr | ₹203.70 | 0.52% | Very High |
NAV History
FUND | Mahindra Manulife Balanced Advantage Fund Direct Growth |
|---|---|
| NAV (Sep 16, 2025) | ₹15.52 |
| Class | Hybrid | DAAS |
| Inception Date | Dec 30, 2021 |
| Fund Manager | Rahul Pal, Manish Lodha, Fatema Pacha |
FUND | Mahindra Manulife Balanced Advantage Fund Direct Growth |
|---|---|
| Initial Price | ₹10 |
| Min. Investment Amount | SIP ₹500 and Lump. ₹1000 |
| Exit Load | 1% within 90 days |
Returns | 1W | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|
| Mahindra Manulife Ba... | 0.92% | 2.34% | 1.37% | 12.1% | 2.58% | 14.7% |
About Mahindra Manulife Investment Management Pvt. Ltd.
A joint venture between Manulife Investment Management (Singapore) Pte. Ltd and Mahindra & Mahindra Financial Services Limited resulted in the incorporation of Mahindra Manulife Mutual Fund. The fund house intends to provide a wide range of investment solutions for investors spread across India, with the primary focus being on semi-urban areas.
Mahindra Manulife Investment Management Pvt. Ltd. Details
- No. of schemes27
- Total AUM₹5,271.07 Crore
- Address1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018, Mumbai, 400018
- Phone022-66327900
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(as per historical returns)
