Mahindra Manulife Balanced Advantage Fund (IDCW)
Last Updated NAV Date: 30 Jul 2026
3 Year Returns
10.05%
NAV (₹)
11.7806
1 Day NAV Change
0.04%
Fund Details
| Min. SIP Amount | ₹ 500 |
| Min. Lumpsum Amount | ₹ 1000 |
| AUM | ₹ 903.94 Cr |
| Expense Ratio | 2.47% |
| 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%
Sector Holdings
Last Updated: 30 Jun 2026| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Banks | 23.73% | ₹ 214.526 | |
| Others | 23.06% | ₹ 208.491 | |
| Finance | 7.88% | ₹ 71.244 | |
| Pharmaceuticals | 7.88% | ₹ 71.218 | |
| Automobile | 4.57% | ₹ 41.28 | |
| Healthcare | 4.41% | ₹ 39.852 | |
| IT - Software | 3.89% | ₹ 35.205 | |
| Telecom-Service | 3.38% | ₹ 30.556 | |
| Refineries | 3.30% | ₹ 29.851 | |
| Retail | 3.26% | ₹ 29.506 |
Stock Holdings
Last Updated: 30 Jun 2026| Name | Allocation | Weightage | Value (in Cr.) | Sector |
|---|---|---|---|---|
| ICICI Bank | 3.92% | ₹ 35.411 | Banks | |
| Muthoot Finance | 2.78% | ₹ 25.104 | Debt Others | |
| N A B A R D | 2.78% | ₹ 25.124 | Debt Others | |
| Mahindra Manulife Liquid Fund - Direct (G) | 2.77% | ₹ 25.015 | Mutual Fund Units | |
| HDFC Bank | 2.57% | ₹ 23.236 | Banks | |
| Net CA & Others | 2.42% | ₹ 21.856 | Debt Others | |
| Bharti Airtel | 2.42% | ₹ 21.854 | Telecom-Service | |
| Reliance Industr | 2.36% | ₹ 21.349 | Refineries | |
| Axis Bank | 2.23% | ₹ 20.186 | Banks | |
| GSEC2040 6.68 | 2.21% | ₹ 19.977 | Govt. Securities |
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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