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Mahindra Manulife Balanced Advantage Fund Regular Growth
HybridDynamic Asset AllocationVery High Risk
Regular
NAV (20-Dec-24)
₹14.03-1.18%1D
Returns (Since Inception)
12.05%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹904 Cr
Expense Ratio
2.22%
ISIN
INF174V01BB6
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
30 Dec 2021
About this fund
Mahindra Manulife Balanced Advantage Fund Regular Growth is a Dynamic Asset Allocation mutual fund schemes offered by Mahindra Manulife Mutual Fund. This fund has been in existence for 2 years, 11 months and 22 days, having been launched on 30-Dec-21.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹14.03, Assets Under Management (AUM) of 904.25 Crores, and an expense ratio of 2.22%.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹14.03, Assets Under Management (AUM) of 904.25 Crores, and an expense ratio of 2.22%.
- Mahindra Manulife Balanced Advantage Fund Regular Growth has given a CAGR return of 12.05% since inception.
- The fund's asset allocation comprises around 55.06% in equities, 21.39% in debts, and 23.55% in cash & cash equivalents.
- You can start investing in Mahindra Manulife Balanced Advantage Fund Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+16.50%
+15.05% (Cat Avg.)
Since Inception
+12.05%
— (Cat Avg.)
Portfolio Summaryas of 30th November 2024
| Equity | ₹497.89 Cr | 55.06% |
| Debt | ₹193.41 Cr | 21.39% |
| Others | ₹212.95 Cr | 23.55% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Net Receivables / (Payables) | Cash | ₹122 Cr | 13.49% |
| Triparty Repo | Cash - Repurchase Agreement | ₹58.93 Cr | 6.52% |
| HDFC Bank Ltd | Equity | ₹54.96 Cr | 6.08% |
| Reliance Industries Ltd | Equity | ₹41.87 Cr | 4.63% |
| ICICI Bank Ltd | Equity | ₹31.84 Cr | 3.52% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹24.96 Cr | 2.76% |
| ITC Ltd | Equity | ₹23.6 Cr | 2.61% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹22.05 Cr | 2.44% |
| 7.23% Govt Stock 2039 | Bond - Gov't/Treasury | ₹20.66 Cr | 2.28% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹20.09 Cr | 2.22% |
| Hindustan Unilever Ltd | Equity | ₹19.32 Cr | 2.14% |
| Mahindra & Mahindra Ltd | Equity | ₹17.35 Cr | 1.92% |
| LTIMindtree Ltd | Equity | ₹16.67 Cr | 1.84% |
| Trent Ltd | Equity | ₹15.9 Cr | 1.76% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹15.54 Cr | 1.72% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹15.24 Cr | 1.69% |
| Divi's Laboratories Ltd | Equity | ₹15 Cr | 1.66% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹14.99 Cr | 1.66% |
| PI Industries Ltd | Equity | ₹14.64 Cr | 1.62% |
| Kotak Mahindra Bank Ltd | Equity | ₹14.16 Cr | 1.57% |
| Marico Limited December 2024 Future | Equity - Future | ₹-14.02 Cr | 1.55% |
| Marico Ltd | Equity | ₹13.93 Cr | 1.54% |
| Persistent Systems Ltd | Equity | ₹13.82 Cr | 1.53% |
| HCL Technologies Ltd | Equity | ₹13.31 Cr | 1.47% |
| 364 DTB 02052025 | Bond - Gov't/Treasury | ₹12.93 Cr | 1.43% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-12.07 Cr | 1.33% |
| Oil & Natural Gas Corp Ltd | Equity | ₹12.01 Cr | 1.33% |
| Bajaj Finance Ltd | Equity | ₹11.84 Cr | 1.31% |
| InterGlobe Aviation Ltd | Equity | ₹11.82 Cr | 1.31% |
| Bharti Airtel Ltd | Equity | ₹11.72 Cr | 1.30% |
| Future on Multi Commodity Exchange of India Ltd | Equity - Future | ₹-11.22 Cr | 1.24% |
| Multi Commodity Exchange of India Ltd | Equity | ₹11.13 Cr | 1.23% |
| BSE Ltd | Equity | ₹10.09 Cr | 1.12% |
| Rec Limited | Bond - Corporate Bond | ₹9.98 Cr | 1.10% |
| National Aluminium Co Ltd | Equity | ₹9.81 Cr | 1.08% |
| Kotak Mahindra Bank Limited 2025 ** # | Cash | ₹9.54 Cr | 1.06% |
| 364 Days Tbill 2025 | Bond - Gov't/Treasury | ₹9.51 Cr | 1.05% |
| The Federal Bank Ltd | Equity | ₹9.49 Cr | 1.05% |
| India (Republic of) | Bond - Short-term Government Bills | ₹9.46 Cr | 1.05% |
| Aditya Vision Ltd | Equity | ₹9.41 Cr | 1.04% |
| Future on Samvardhana Motherson International Ltd | Equity - Future | ₹-9.38 Cr | 1.04% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-9.36 Cr | 1.04% |
| Samvardhana Motherson International Ltd | Equity | ₹9.36 Cr | 1.03% |
| Bharti Telecom Limited | Bond - Corporate Bond | ₹9.06 Cr | 1.00% |
| Indian Hotels Co Ltd | Equity | ₹8.57 Cr | 0.95% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹8.32 Cr | 0.92% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹8.09 Cr | 0.89% |
| Future on Bharat Forge Ltd | Equity - Future | ₹-8.04 Cr | 0.89% |
| Page Industries Ltd | Equity | ₹8.04 Cr | 0.89% |
| Bharat Forge Ltd | Equity | ₹8.03 Cr | 0.89% |
| Bank of Baroda | Equity | ₹7.91 Cr | 0.87% |
| Hindustan Petroleum Corp Ltd | Equity | ₹7.76 Cr | 0.86% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹7.34 Cr | 0.81% |
| L.G.Balakrishnan & Bros Ltd | Equity | ₹7.34 Cr | 0.81% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-7.17 Cr | 0.79% |
| GAIL (India) Ltd | Equity | ₹7.12 Cr | 0.79% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹7.02 Cr | 0.78% |
| Siemens Ltd | Equity | ₹6.8 Cr | 0.75% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹6.67 Cr | 0.74% |
| Waaree Energies Ltd | Equity | ₹6.67 Cr | 0.74% |
| Piramal Enterprises Ltd | Equity | ₹6.67 Cr | 0.74% |
| Future on Exide Industries Ltd | Equity - Future | ₹-6.55 Cr | 0.72% |
| Exide Industries Ltd | Equity | ₹6.52 Cr | 0.72% |
| Future on State Bank of India | Equity - Future | ₹-6.07 Cr | 0.67% |
| State Bank of India | Equity | ₹6.04 Cr | 0.67% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-5.96 Cr | 0.66% |
| Bandhan Bank Ltd | Equity | ₹5.92 Cr | 0.65% |
| Balrampur Chini Mills Ltd | Equity | ₹5.85 Cr | 0.65% |
| TVS Motor Co Ltd | Equity | ₹5.26 Cr | 0.58% |
| Angel One Ltd Ordinary Shares | Equity | ₹5.21 Cr | 0.58% |
| Future on Colgate-Palmolive (India) Ltd | Equity - Future | ₹-5.19 Cr | 0.57% |
| Colgate-Palmolive (India) Ltd | Equity | ₹5.16 Cr | 0.57% |
| Bayer CropScience Ltd | Equity | ₹5.12 Cr | 0.57% |
| Arvind Fashions Ltd | Equity | ₹5.12 Cr | 0.57% |
| Alkem Laboratories Ltd | Equity | ₹5.08 Cr | 0.56% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹5.03 Cr | 0.56% |
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹5.02 Cr | 0.55% |
| CESC Ltd | Equity | ₹5.01 Cr | 0.55% |
| Punjab National Bank 2025 ** # | Cash | ₹4.78 Cr | 0.53% |
| Axis Bank Limited 2025 # | Cash | ₹4.78 Cr | 0.53% |
| NLC India Ltd | Equity | ₹4.66 Cr | 0.52% |
| Mankind Pharma Ltd | Equity | ₹4.61 Cr | 0.51% |
| JK Paper Ltd | Equity | ₹4.57 Cr | 0.51% |
| CRISIL Ltd | Equity | ₹3.62 Cr | 0.40% |
| 7.09% Govt Stock 2054 | Bond - Gov't/Treasury | ₹1.51 Cr | 0.17% |
| United Spirits Ltd | Equity | ₹0.06 Cr | 0.01% |
| Tata Consultancy Services Ltd | Equity | ₹0.05 Cr | 0.01% |
| SRF Ltd | Equity | ₹0.01 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
34.78%
Mid Cap Stocks
13.55%
Small Cap Stocks
7.55%
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹197.92 Cr | 21.89% |
| Consumer Cyclical | ₹100.89 Cr | 11.16% |
| Consumer Defensive | ₹67.92 Cr | 7.51% |
| Energy | ₹61.63 Cr | 6.82% |
| Technology | ₹58.59 Cr | 6.48% |
| Basic Materials | ₹34.14 Cr | 3.78% |
| Healthcare | ₹24.69 Cr | 2.73% |
| Industrials | ₹18.63 Cr | 2.06% |
| Utilities | ₹16.79 Cr | 1.86% |
| Communication Services | ₹11.72 Cr | 1.30% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
7.73%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.81
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.50
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th November 2024
ISIN INF174V01BB6 | Expense Ratio 2.22% | Exit Load 1.00% | Fund Size ₹904 Cr | Age 2 years 11 months | Lumpsum Minimum ₹1,000 | Fund Status Open Ended Investment Company | Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1145.14 Cr | 12.2% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1145.14 Cr | 13.6% |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1341.13 Cr | 28.1% |
| Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1341.13 Cr | 26.2% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹2283.37 Cr | 17.3% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 1.0% | ₹2283.37 Cr | 15.8% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹904.25 Cr | 16.5% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹904.25 Cr | 18.5% |
| Mirae Asset Balanced Advantage Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1774.80 Cr | 14.2% |
| Mirae Asset Balanced Advantage Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1774.80 Cr | 12.6% |
About the AMC
Mahindra Manulife Mutual Fund
Total AUM
₹18,846 Cr
Address
570 P. B. Marg, Worli, Mumbai 400018, Mumbai, 400018
Other Funds by Mahindra Manulife Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of Mahindra Manulife Balanced Advantage Fund Regular Growth?
The NAV of Mahindra Manulife Balanced Advantage Fund Regular Growth, as of 20-Dec-2024, is ₹14.03.
What is the portfolio composition of Mahindra Manulife Balanced Advantage Fund Regular Growth?
The fund's allocation of assets is distributed as 55.06% in equities, 21.39% in bonds, and 23.55% in cash and cash equivalents.
Who manages the Mahindra Manulife Balanced Advantage Fund Regular Growth?
The fund managers responsible for Mahindra Manulife Balanced Advantage Fund Regular Growth are:-
- Rahul Pal
- Manish Lodha
- Fatema Pacha
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.