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Mutual Funds

Mahindra Manulife Balanced Advantage Fund

Ma

Mahindra Manulife Balanced Advantage Fund

Dynamic Asset AllocationRank #4
3/5

NAV (2026-07-14)

14.83

AUM

₹903.94 Cr

Exp. Ratio: 2.43%

RISK LEVEL

Very High

Returns & Performance

1 Year1.42%0.32% vs cat avgRank #18
3 Year10.47%1.13% vs cat avgRank #10
5 Year----
Since Launch9.06%--

Fund vs Category Average

1Y
1.42%+0.32%
3Y
10.47%+1.13%

Pros & Cons

Pros

Outperforms category avg on 1Y returns
Strong 3Y track record vs category
No lock-in period
Overall top-10 rank in category (#4)

Cons

Higher expense ratio (2.43%)
1Y category rank outside top 15 (#18)
ISININF174V01BB6
NAV₹14.83
NAV Date2026-07-14
AUM₹903.94 Cr
Expense Ratio2.43%
RiskVery High
Rating3 / 5
Min SIP Amount₹500
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2016-02-04

INVESTMENT OBJECTIVE

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.

Exit Load1.00%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsNA

Amit Garg

Mr Garg is a B.Com, MMS Finance, CFA

Prior to joining Mahindra Manulife Investment Management Pvt. Ltd., he has worked with Darashaw & Co. and Daiwa Asset Management (India) Pvt. Ltd.

Top Holdings

Holdings data not available for this scheme