June 23, 2025
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Mahindra Manulife Balanced Advantage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 15.2562
NAV IDCW: Rs 13.0083
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.
These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks 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.
Fund Manager:
1) Fatema Pacha
Education: Ms. Pacha has done PGDBM (Finance) and BE (Computers)
Experience: Prior to joining Mahindra Manulife Mutual Fund, she was associated with ICICI Prudential Life Insurance and UTI Mutual Fund.
2) Manish Lodha
Education: Mr. Lodha is a Chartered Accountant and Company Secretary
Experience: Prior to joining Mahindra Manulife Mutual Fund, he was associated with Canara HSBC OBC Life Insurance Co Ltd, Kotak Mahindra Mutual Fund. In these roles, he was responsible for Portfolio Management, Equity Research. He has also held various positions in Finance function during his association with BOC India Ltd (Now Linde India Ltd.).
3) Rahul Pal
Education: Mr. Pal is a B.Com (H) and Chartered Accountant.
Experience: Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 3 months |
Basic Details of Mahindra Manulife Balanced Advantage Fund
| Fund House | Mahindra Manulife Mutual Fund |
| Launch Date | 30-Dec-21 |
| Return Since Launch | 12.93% |
| Benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 905 Cr |
| (As on 31-May-2025) | |
| Expense | 0.56% |
| (As on 31-May-2025) | |
| Risk Grade | Above Average |
| Return Grade | Above Average |
| Turnover | 302.00% |
Trailing Returns (%) of Mahindra Manulife Balanced Advantage Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mahindra Manulife Balanced Advantage Dir | 2.63 | 0.99 | 1.74 | 7.10 | 3.08 | 6.92 | 17.77 | — | — | — |
| VR Dynamic Asset TRI | 3.57 | 0.87 | 1.56 | 7.40 | 3.86 | 4.98 | 16.97 | — | — | — |
| Hybrid: Dynamic Asset Allocation | 2.87 | 0.72 | 1.39 | 5.99 | 3.07 | 6.52 | 16.38 | — | — | — |
| Rank within category | 28.00 | 6.00 | 9.00 | 6.00 | 26.00 | 24.00 | 7.00 | — | — | — |
| Number of funds in category | 37 | 38 | 38 | 38 | 37 | 36 | 27 | 22 | 16 | 10 |
Peer Comparison of Mahindra Manulife Balanced Advantage Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Mahindra Manulife Balanced Advantage Dir | 3 star | 6.92 | 17.77 | — | 0.56 | 905 | 12.93 | 1.00 (90) | 3Y 5M | 302.00 |
| HDFC Balanced Advantage Dir | 5 star | 6.50 | 24.69 | 25.74 | 0.77 | 1,00,299 | 15.86 | 1.00 (365) | 12Y 5M | 27.20 |
| ICICI Pru Balanced Advantage Dir | 4 star | 10.29 | 16.07 | 16.60 | 0.85 | 63,787 | 13.24 | 1.00 (365) | 12Y 5M | 34.00 |
| SBI Balanced Advantage Dir | 5 star | 7.60 | 17.27 | — | 0.71 | 35,566 | 13.01 | 1.00 (365) | 3Y 9M | 23.00 |
| Kotak Balanced Advantage Dir | 4 star | 9.20 | 16.11 | 15.27 | 0.56 | 17,343 | 12.32 | 1.00 (365) | 6Y 10M | 236.02 |
Portfolio Analysis of Mahindra Manulife Balanced Advantage Fund
| No. of Stocks | 61 |
| Top 10 Holdings | 28.48% |
| Top 5 Stocks | 16.08% |
| Top 3 Sectors | 34.28% |
| Portfolio P/B Ratio | 3.10 |
| Portfolio P/E Ratio | 22.33 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,45,196 | 2,55,715 |
| Giant (%) | 46.56 | 63.05 |
| Large (%) | 21.21 | 19.54 |
| Mid (%) | 28.91 | 13.86 |
| Small (%) | 3.31 | 4.13 |
| Tiny (%) | — | 0.11 |
| Fund | Category | |
| Number of Securities | 80 | 122 |
| Macaulay Duration (yrs) | 3.74 | 3.71 |
| Average Maturity (yrs) | 6.10 | 6.51 |
| Yield to Maturity (%) | 6.48 | 6.58 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Mahindra Manulife Balanced Advantage Fund
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Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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