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Mahindra Manulife Balanced Advantage Fund
Dynamic Asset AllocationRank #5
3/5
NAV (2026-09-11)
₹14.87
AUM
₹922.99 Cr
Exp. Ratio: 2.42%
RISK LEVEL
Very High
Returns & Performance
1 Year2.92%1.83% vs cat avgRank #12
3 Year8.97%1.11% vs cat avgRank #11
5 Year----
Since Launch8.81%2.52% vs cat avg
Fund vs Category Average
1Y
2.92%+1.83%
3Y
8.97%+1.11%
Pros & Cons
Pros
✔Outperforms category avg on 1Y returns
✔Strong 3Y track record vs category
✔No lock-in period
✔Decent 1Y category rank (#12)
✔Overall top-10 rank in category (#5)
Cons
✖Higher expense ratio (2.42%)
✖Returns since launch below category avg
ISININF174V01BB6
NAV₹14.87
NAV Date2026-09-11
AUM₹922.99 Cr
Expense Ratio2.42%
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.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Mahindra Manulife Balanced Advantage Fund is ₹14.87 as of 2026-09-11.
Mahindra Manulife Balanced Advantage Fund is classified as a Dynamic Asset Allocation fund.
Mahindra Manulife Balanced Advantage Fund is managed by Mahindra Manulife Mutual Fund.
The Assets Under Management (AUM) of Mahindra Manulife Balanced Advantage Fund is ₹922.99 Cr.
The expense ratio of Mahindra Manulife Balanced Advantage Fund is 2.42%.
Mahindra Manulife Balanced Advantage Fund is managed by Amit Garg.
The minimum SIP investment for Mahindra Manulife Balanced Advantage Fund is ₹500.
The exit load for Mahindra Manulife Balanced Advantage Fund is 1%.
As per the SEBI Riskometer, Mahindra Manulife Balanced Advantage Fund carries a Very High risk level.
Mahindra Manulife Balanced Advantage Fund has delivered 2.92% (1Y), 8.97% (3Y) and 0% (5Y) annualised returns as of 2026-09-11.
Mahindra Manulife Balanced Advantage Fund was launched on 2016-02-04.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
