Mahindra Manulife Balanced Advantage Fund Growth
Last Updated NAV Date: 09 Sep 2026
3 Year Returns
9.20%
NAV (₹)
14.9161
1 Day NAV Change
-0.30%
Mahindra Manulife Balanced Advantage Fund Growth is a scheme from Mahindra Manulife Mutual Fund AMC, launched on 30 Dec 2021 and currently managing ₹ 922.99 Cr in assets. It sits in the moderately high risk category on the riskometer, with a minimum SIP of ₹500 and a lump sum of ₹1000. The sections below cover its latest NAV, historical returns, portfolio holdings, and expense ratio.
Mahindra Manulife Balanced Advantage Fund Growth Fund Details
| Min. SIP Amount | ₹ 500 |
| Min. Lumpsum Amount | ₹ 1000 |
| AUM | ₹ 922.99 Cr |
| Expense Ratio | 2.42% |
| Lock-in Period | No Lock-in Period |
| Inception Date | 30 Dec 2021 |
| Fund Age | 4 Yrs |
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’s Investment 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.
Calculate Your Mutual Fund Returns
Returns Estimator
Estimation is based on the past performance
Expected Rate of Return
The value of your investment after 5 Years will be
₹4,12,432
Invested Amount
₹3,00,000
Est. Returns
₹1,12,432
Scheme’s Historical Return
Asset Allocation
AUM
₹1,33,309.00 Cr
Cash Holdings
21.45%
Equity
70.84%
Cash
21.45%
Debt
1.71%
Other
6%
Mahindra Manulife Balanced Advantage Fund Growth Sector Holdings
Last Updated: 31 Aug 2026| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Banks | 23.49% | ₹ 216.851 | |
| Others | 19.56% | ₹ 180.567 | |
| Pharmaceuticals | 10.22% | ₹ 94.325 | |
| Finance | 8.08% | ₹ 74.541 | |
| IT - Software | 4.79% | ₹ 44.187 | |
| Automobile | 4.62% | ₹ 42.607 | |
| Healthcare | 4.26% | ₹ 39.309 | |
| Telecom-Service | 3.22% | ₹ 29.748 | |
| Refineries | 3.18% | ₹ 29.317 | |
| E-Commerce/App based Aggregator | 2.99% | ₹ 27.619 |
Mahindra Manulife Balanced Advantage Fund Growth Stock Holdings
Last Updated: 31 Aug 2026| Name | Allocation | Weightage | Value (in Cr.) | Sector |
|---|---|---|---|---|
| ICICI Bank | 4.06% | ₹ 37.441 | Banks | |
| TREPS | 3.46% | ₹ 31.904 | Debt Others | |
| Muthoot Finance | 2.70% | ₹ 24.934 | Debt Others | |
| N A B A R D | 2.69% | ₹ 24.827 | Debt Others | |
| Bharti Airtel | 2.32% | ₹ 21.38 | Telecom-Service | |
| Reliance Industr | 2.28% | ₹ 21.071 | Refineries | |
| IndusInd Bank | 2.27% | ₹ 20.942 | Banks | |
| HDFC Bank | 2.24% | ₹ 20.646 | Banks | |
| GSEC2066 | 2.19% | ₹ 20.183 | Govt. Securities | |
| Eternal | 2.15% | ₹ 19.85 | E-Commerce/App based Aggregator |
Fund Manager Details
Risk-O-Meter
Investors understand that their principal will be at moderately High risk
Risk Scale
AMC Information
Mahindra Manulife Mutual Fund
Funds Managed
27
Assets Managed
₹ 34,805.24 Cr
Contact Details
Registered Address
No. 204, 2nd Floor, Amiti Building,Piramal Agastya Corporate ParkLBS Road, Kurla(w), Mumbai 400070
Managing Director
Anthony Heredia
Chief Executive Officer
Mr.Anthony Heredia
Compliance Officer
Ravi Dayma
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Disclaimer
The information provided on this page is for informational purposes only and should not be construed as investment advice, recommendation, or solicitation to buy or sell any securities or financial pr...
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