Mahindra Manulife Balanced Advantage Fund-Dir Growth

₹ 500
Min SIP
₹ 1,000
Min Lumpsum
0.61 %
Expense Ratio
Rating
695
Fund Size (in Cr)
2 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 18 March 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 32% - - 13.8%
Category Average 27.9% 15.3% 15.2% -

Scheme Allocation

By Holding
By Sector
By Asset
4.36%
4.03%
3.45%
TCS
2.96%
Others
82.09%
View all Holdings
Holdings Sector Instrument Asset
Coal India Mining & Mineral products Equity 4.36%
NTPC Power Generation & Distribution Equity 4.03%
Canara Bank Banks Equity 3.45%
Reliance Industr Refineries Equity 3.11%
TCS IT - Software Equity 2.96%
Larsen & Toubro Infrastructure Developers & Operators Equity 2.75%
H P C L Refineries Equity 2.45%
Tata Power Co. Power Generation & Distribution Equity 1.87%
Tata Motors-DVR Automobile Equity 1.73%
St Bk of India Banks Equity 1.72%
I O C L Refineries Equity 1.67%
Wipro IT - Software Equity 1.64%
Cipla Pharmaceuticals Equity 1.6%
Dr Reddy's Labs Pharmaceuticals Equity 1.48%
ACC Cement Equity 1.46%
Power Grid Corpn Power Generation & Distribution Equity 1.36%
United Spirits Alcoholic Beverages Equity 1.26%
ICICI Bank Banks Equity 1.13%
Bharti Airtel Telecomm-Service Equity 1.13%
EIH Hotels & Restaurants Equity 1.13%
Britannia Inds. FMCG Equity 1.07%
Inox India Packaging Equity 1.06%
Union Bank (I) Banks Equity 1.05%
Biocon Pharmaceuticals Equity 0.99%
Ircon Intl. Infrastructure Developers & Operators Equity 0.99%
Power Mech Proj. Infrastructure Developers & Operators Equity 0.96%
Shriram Finance Finance Equity 0.95%
LTIMindtree IT - Software Equity 0.95%
Mphasis IT - Software Equity 0.94%
J & K Bank Banks Equity 0.91%
L G Balakrishnan Auto Ancillaries Equity 0.9%
RBL Bank Banks Equity 0.9%
Aditya Vision Trading Equity 0.86%
HDFC AMC Finance Equity 0.86%
CreditAcc. Gram. Finance Equity 0.85%
Voltas Consumer Durables Equity 0.8%
Cholaman.Inv.&Fn Finance Equity 0.78%
K P R Mill Ltd Readymade Garments/ Apparells Equity 0.77%
Dixon Technolog. Consumer Durables Equity 0.77%
NMDC Mining & Mineral products Equity 0.73%
Orient Cement Cement Equity 0.72%
Punjab Natl.Bank Banks Equity 0.7%
South Ind.Bank Banks Equity 0.7%
Titagarh Rail Capital Goods-Non Electrical Equipment Equity 0.63%
Piramal Pharma Pharmaceuticals Equity 0.57%
Vardhman Textile Textiles Equity 0.55%
Balrampur Chini Sugar Equity 0.54%
G S F C Fertilizers Equity 0.51%
Atul Chemicals Equity 0.45%
Titan Company Diamond, Gems and Jewellery Equity 0.44%
GAIL (India) Gas Distribution Equity 0.41%
Apar Inds. Capital Goods - Electrical Equipment Equity 0.33%
Jyoti CNC Auto. Capital Goods-Non Electrical Equipment Equity 0.28%
Divi's Lab. Pharmaceuticals Equity 0.01%
Debt
30.43%
Cash & Others
11.43%
Banks
10.56%
Power
7.26%
Petroleum Products
7.23%
Others
33.09%
View all Sectors
Sectors Asset
Debt 30.43%
Cash & Others 11.43%
Banks 10.56%
Power 7.26%
Petroleum Products 7.23%
IT-Software 6.49%
Construction 4.7%
Pharmaceuticals & Biotech 4.65%
Consumable Fuels 4.36%
Finance 2.58%
Cement & Cement Products 2.18%
Consumer Durables 2.01%
Automobiles 1.73%
Textiles & Apparels 1.32%
Beverages 1.26%
Telecom-Services 1.13%
Leisure Services 1.13%
Food Products 1.07%
Industrial Products 1.06%
Industrial Manufacturing 0.91%
Auto Components 0.9%
Retailing 0.86%
Capital Markets 0.86%
Minerals & Mining 0.73%
Agricultural Food & other 0.54%
Fertilisers & Agrochemica 0.51%
Chemicals & Petrochemical 0.45%
Gas 0.41%
Electrical Equipments 0.33%
Others -9.14%
Equity
67.27%
Net Curr Ass/Net Receivables
11.43%
Govt Securities / Sovereign
10.15%
Corporate Debentures
6.25%
Certificate of Deposit
5.15%

Advance Ratio

5.45
Alpha
2.5
SD
0.57
Beta
0.94
Sharpe

Exit Load

Exit Load 10% of the units allotted shall be redeemed without any exit load, on or before completion of 3 months from the date of allotment of Units. An exit load of 1% is payable if Units are redeemed / switched-out on or before completion of 3 months from the date of allotment of Units; Nil - If Units are redeemed / switched-out after completion of 3 months from the date of allotment of Units.

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.

Fund Managers

Manish Lodha

Mr. Manish Lodha (both a Chartered Accountant and a Company Secretary) has around 20 years of work experience. He has worked in the mutual fund industry for 11 years and the insurance industry (in equity research and fund management) for four years. Before associating with MMIMPL as an Equity Fund Manager, Mr. Lodha worked in Canara HSBC OBC Life Insurance Co. Ltd. and Kotak Mahindra Mutual Fund as a Portfolio Manager, Equity Research. Before this, he had also taken several finance roles in BOC India Ltd. (Now Linde India Ltd.).

 

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Address:
No. 204, 2nd Floor, Amiti Building, Piramal Agastya Corporate Park LBS Road, Kurla(w), Mumbai 400070
Contact:
022-66327900
Email ID:
mfinvestors@mahindra.com

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Frequently Asked Questions

How to invest in Mahindra Manulife Balanced Advantage Fund-Dir Growth ?

You can invest in Mahindra Manulife Balanced Advantage Fund-Dir Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Mahindra Manulife Balanced Advantage Fund-Dir Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Mahindra Manulife Balanced Advantage Fund-Dir Growth ?

The NAV of Mahindra Manulife Balanced Advantage Fund-Dir Growth is ₹13.3 as of 18 March 2024.

How to redeem Mahindra Manulife Balanced Advantage Fund-Dir Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Mahindra Manulife Balanced Advantage Fund-Dir Growth?

The minimum SIP amount of Mahindra Manulife Balanced Advantage Fund-Dir Growth is ₹500

What are the top sectors Mahindra Manulife Balanced Advantage Fund-Dir Growth has invested in?

The top sectors Mahindra Manulife Balanced Advantage Fund-Dir Growth has invested in are
  1. Debt - 30.43%
  2. Cash & Others - 11.43%
  3. Banks - 10.56%
  4. Power - 7.26%
  5. Petroleum Products - 7.23%

Can I make investments in both the SIP and Lump Sum schemes of Mahindra Manulife Balanced Advantage Fund-Dir Growth?

Yes, You can select both SIP or Lumpsum investment of Mahindra Manulife Balanced Advantage Fund-Dir Growth based on your investment objective and risk tolerance.

How much returns have Mahindra Manulife Balanced Advantage Fund-Dir Growth generated ?

The Mahindra Manulife Balanced Advantage Fund-Dir Growth has delivered 13.8% since inception

What is the expense ratio of Mahindra Manulife Balanced Advantage Fund-Dir Growth ?

The expense ratio of Mahindra Manulife Balanced Advantage Fund-Dir Growth is 0.61 % as of 18 March 2024.

What is the AUM of Mahindra Manulife Balanced Advantage Fund-Dir Growth?

The AUM of Mahindra Manulife Balanced Advantage Fund-Dir Growth is ₹15,320 Cr as of 18 March 2024

What are the top stock holdings of Mahindra Manulife Balanced Advantage Fund-Dir Growth?

The top stock holdings of Mahindra Manulife Balanced Advantage Fund-Dir Growth are
  1. Coal India - 4.36%
  2. NTPC - 4.03%
  3. Canara Bank - 3.45%
  4. Reliance Industr - 3.11%
  5. TCS - 2.96%

How can I redeem my investments in Mahindra Manulife Balanced Advantage Fund-Dir Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Mahindra Manulife Balanced Advantage Fund-Dir Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now