Mutual Funds
Mahindra Manulife Balanced Advantage Fund-Reg(G)
Hybrid  |   Very High  |   Hybrid - Balanced Advantage
13.06   +0.10
NAV(₹) as on 1/3/2024
0.78%
  1D
31.30%
  1Y
   -
  3Y
   -
  5Y
Mahindra Manulife Balanced Advantage Fund-Reg(G)
Growth Chart of the Scheme

Scheme Details
Expense Ratio:
2.33
Launch Date:
30 Dec 2021
Exit Load:
Nil upto 10% of units and 1% for remaining units on or before 3M, Nil after 3M
AUM:
₹ 672.04 Crs
Lock-in:
Nil
Investing Style:
NA
Portfolio Price To Book Value:
5.32
Min. Investment:
SIP : ₹ 500.0
Lumpsum : ₹ 1,000.0
Scheme Benchmark:
NIFTY 50 Hybrid Composite Debt 50:50 Index
Fund Manager:
Manish Lodha ,Fatema Pacha ,Rahul Pal

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.

LATEST ASSET & PORTFOLIO ALLOCATION Others Debt Equity
as on 31/1/2024 13.92 % 17.94 % 68.14 %
TOP HOLDINGS

Coal India Ltd.
4.20 %

Coal India Ltd.
4.20 %

NTPC Ltd.
3.94 %

NTPC Ltd.
3.94 %

Reliance Industries
3.14 %

Larsen & Toubro Ltd.
2.85 %

Canara Bank
2.69 %

See All Holding
ALLOCATION BY MARKET CAP
ALLOCATION BY SECTOR

Power Generation/Distributio
7.79 %

Refineries
6.88 %

IT - Software
5.62 %

Engineering - Construction
4.94 %

Mining & Minerals
4.94 %

Bank - Private
4.86 %

Pharmaceuticals & Drugs
4.72 %

See All Sectors
5 YEAR HISTORY

Financial Year 2017-2018 2018-2019 2019-2020 2020-2021 2021-2022
NAV (1/3/2024) 9.95 9.97 13.06
Net Assets (Rs Crores) 57,898.15 61,424.13 67,204.21
Scheme Returns(%)(Absolute) -0.52 -0.60 30.87
B'mark Returns(%)(Absolute) NA NA NA
Category Rank 17/18 15/18 2/19
RISKOMETER
Level of Risk in the Scheme

Clients will understand that their principal will be at Very High risk.

PERFORMANCE COMPARISON WITH SIMILAR SCHEMES

Fund Details Inception Date Aum(₹ Crs) 1Y 3Y 5Y Since Inception
MDB Logo
SBI Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   High |  13.58   +0.07  
31/8/2021 ₹ 27,48,793.62 26.05% - - 13.01%
MDB Logo
NJ Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Moderately High |  12.86   +0.07  
29/10/2021 ₹ 3,93,541.18 31.09% - - 11.35%
MDB Logo
LIC MF Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  11.99   +0.09  
12/11/2021 ₹ 92,537.99 16.04% - - 8.19%
MDB Logo
Mahindra Manulife Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  13.06   +0.10  
30/12/2021 ₹ 67,204.21 31.30% - - 13.08%
MDB Logo
WOC Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  12.13   +0.10  
10/2/2023 ₹ 82,169.99 22.79% - - 20.12%
MDB Logo
Bajaj Finserv Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  10.43   +0.12  
15/12/2023 ₹ 92,604.47 - - - 4.33%
MDB Logo
Bandhan Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Moderately High |  21.25   +0.16  
10/10/2014 ₹ 2,25,020.93 19.73% 9.42% 10.64% 8.35%
MDB Logo
Union Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  18.37   +0.13  
29/12/2017 ₹ 1,63,964.42 20.38% 9.68% 12.43% 10.35%
MDB Logo
HSBC Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   High |  38.73   +0.23  
7/2/2011 ₹ 1,39,879.23 23.32% 10.54% 10.50% 10.91%
MDB Logo
Kotak Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  17.80   +0.11  
3/8/2018 ₹ 15,62,254.89 18.68% 10.70% 12.04% 10.88%