Mahindra Manulife Balanced Advantage Fund
500
Min SIP
1,000
Min Lumpsum
0.61 %
Expense Ratio
Rating
607
Fund Size (in Cr)
1 Year
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
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Invested Amount--
-
Wealth Gained--
-
Expected Amount--
Scheme Performance
| 1Y | 1Y | 3Y | 3Y | 5Y | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | 8.8% | - | - | 4.7% | ||||
| Category Average | 14% | 25% | 13.5% | - |
Scheme Allocation
By Holding
By Sector
By Asset
HDFC Bank
Reliance Industr
Infosys
IndusInd Bank
St Bk of India
Others
Advance Ratio
-
Alpha
-
SD
-
Beta
-
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 0.5% 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. |
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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
- Fund Name
- Fund Size
- 1Y
- 3Y
- 5Y
-
- 54,412
-
19.5%Fund Size - 54,412
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29.3%Fund Size - 54,412
-
13.9%Fund Size - 54,412
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- 8,906
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11.8%Fund Size - 8,906
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19%Fund Size - 8,906
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12.3%Fund Size - 8,906
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- 45,584
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10.9%Fund Size - 45,584
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18.4%Fund Size - 45,584
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10.8%Fund Size - 45,584
-
- 6,357
-
12%Fund Size - 6,357
-
18.1%Fund Size - 6,357
-
10.6%Fund Size - 6,357
-
- 6,711
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11.1%Fund Size - 6,711
-
17.9%Fund Size - 6,711
-
10.2%Fund Size - 6,711
AMC Contact Details
Mahindra Manulife Mutual Fund
AUM:
9,820 Cr
Address:
1st Floor, Sadhana House,
Behind Mahindra Tower,
570 P.B.Marg, Worli, Mumbai 400018
Contact:
022-66327900
Email ID:
mfinvestors@mahindra.com
Frequently Asked Questions
How to invest in Mahindra Manulife Balanced Advantage Fund ?
You can invest in Mahindra Manulife Balanced Advantage Fund 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 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 ?
The NAV of Mahindra Manulife Balanced Advantage Fund is ₹10.6 as of 31 May 2023.
How to redeem Mahindra Manulife Balanced Advantage Fund 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?
The minimum SIP amount of Mahindra Manulife Balanced Advantage Fund is ₹500
What are the top sectors Mahindra Manulife Balanced Advantage Fund has invested in??
The top sectors Mahindra Manulife Balanced Advantage Fund has invested in are
- HDFC Bank - 6.9%
- Reliance Industr - 6.77%
- Infosys - 5.94%
- IndusInd Bank - 2.17%
- St Bk of India - 2.06%
How much returns have Mahindra Manulife Balanced Advantage Fund generated ?
The Mahindra Manulife Balanced Advantage Fund has delivered 4.7% since inception
What is the expense ratio of Mahindra Manulife Balanced Advantage Fund ?
The expense ratio of Mahindra Manulife Balanced Advantage Fund is 0.61 % as of 31 May 2023.
What is the AUM of Mahindra Manulife Balanced Advantage Fund?
The AUM of Mahindra Manulife Balanced Advantage Fund is ₹9,820 Cr as of 31 May 2023
What are the top stock holdings of Mahindra Manulife Balanced Advantage Fund?
The top stock holdings of Mahindra Manulife Balanced Advantage Fund are
- HDFC Bank - 6.9%
- Reliance Industr - 6.77%
- Infosys - 5.94%
- IndusInd Bank - 2.17%
- St Bk of India - 2.06%