Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth
Mahindra Manulife Investment Management Pvt. Ltd.
₹14.35 (+0.83%)
NAV as of 9 Oct 2026
Minimum Investment: ₹1,000
Return
-0.86% Returns for 1Y
Expense ratio & Others
- Net expense ratio
- 2.21%
- Exit load
- 0%
- Lock-in
- No
- Minimum investment
- ₹1,000
- Category
- Dynamic Asset Allocation
Expense ratio is inclusive of GST. Returns may be taxed based on the fund type and your holding period — please read the scheme-related documents and consult a tax advisor. Figures are historical and do not guarantee future results.
Fund Returns Estimator
One-time investment
₹1,000
6 months
₹1,021
Invested ₹1,000
▲+2.12%1 year
₹991
Invested ₹1,000
▼-0.86%3 years
₹1,087
Invested ₹1,000
▲+8.69%
Based on the fund’s historic trailing returns — a planning illustration, not a guarantee of future results.
Invest One-TimePlan it your way
The figures above are fixed to this fund’s past returns over set periods. Use a calculator to set your own amount, tenure and expected rate of return.
Risk level
Riskometer scale
- Low
- Low to Moderate
- Moderate
- Moderate to High
- High
- Very HighThis fund
Riskometer level assigned by the fund house as per SEBI norms. It can change as the scheme’s portfolio changes.
Fund benchmark
| Primary Index Name | CRISIL Hybrid 50+50 Moderate TR INR |
|---|---|
| Secondary Index Name | CRISIL Hybrid 50+50 Moderate TR INR |
| Index Name | Nifty 50 Hybrid Comp Debt 50:50 TR INR |
| Weighting | 100% |
Returns
| 1Y | 3Y | 5Y | 10Y | |
|---|---|---|---|---|
| Fund returns (%) | -0.86% | +8.69% | — | — |
| Cumulative returns (%) | -0.86% | +28.39% | — | — |
Fund Manager
| Manager | Neelesh Dhamnaskar |
|---|---|
| Role | Manager |
| Manager Tenure | 0.62 yrs |
About Fund
| Date of Incorporation | 30 Dec 2021 |
|---|---|
| Fund House | Mahindra Manulife Investment Management Pvt. Ltd. |
| Custodian | Deutsche Bank AG |
| Registrar / Transfer Agent | Mahindra Manulife Investment Management Pvt. Ltd. |
| Address | 1 Great Winchester Street |
Top Holdings
| Company | Weightage (%) |
|---|---|
| ICICI Bank Ltd | 4.06% |
| Indus Towers Ltd Ordinary Shares | 3.11% |
| National Bank For Agriculture And Rural Development | 2.78% |
| Mahindra Manu Liquid Dir Gr | 2.77% |
| Muthoot Finance Limited | 2.70% |
| JSW Steel Ltd | 2.70% |
| National Bank For Agriculture And Rural Development | 2.69% |
| UltraTech Cement Ltd | 2.66% |
| State Bank of India | 2.59% |
| Divi's Laboratories Ltd | 2.37% |
| Bharti Airtel Ltd | 2.32% |
| Reliance Industries Ltd | 2.28% |
| IndusInd Bank Ltd | 2.27% |
| HDFC Bank Ltd | 2.24% |
| National Bank For Agriculture And Rural Development | 2.22% |
| 6.68% Govt Stock 2040 | 2.21% |
| 7.71% Govt Stock 2066 | 2.19% |
| Eternal Ltd | 2.15% |
| Axis Bank Ltd | 2.11% |
| Brookfield India Real Estate Trust | 2.11% |
| 6.33% Govt Stock 2035 | 2.04% |
| Jindal Steel Ltd | 1.91% |
Investment Strategy
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.
Capital Appreciation while generating income over medium to long term
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. The data shown is for information only and does not constitute investment advice.