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Mahindra Manulife Balanced Advantage Fund Direct Growth
Hybrid
Dynamic Asset Allocation
Very High Risk
+15.03%
3Y annualised
-0.03% 1D
NAV: 30 Jan '26
₹15.59
Min. SIP amount
₹500
Fund size
₹928.21 Cr
Expense ratio
0.55%
Return calculator
Monthly SIP
One time
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 1 year | ₹60,000 | ₹62,797 | +4.66% | |
| 3 years | ₹1,80,000 | ₹2,16,341 | +20.19% |
Holdings (84)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Mahindra Manulife Liquid Fund Direct -Growth | NA | Mutual Fund | 3.23% |
| JSW Steel Ltd. | Metals & Mining | Equity | 2.83% |
| Indus Towers Ltd. | Communication | Equity | 2.80% |
| Muthoot Finance Ltd. | Financial | Debenture | 2.73% |
| National Bank For Agriculture & Rural Development | Financial | Bonds | 2.73% |
| Ultratech Cement Ltd. | Construction | Equity | 2.62% |
| ICICI Bank Ltd. | Financial | Equity | 2.46% |
| State Bank of India | Financial | Equity | 2.28% |
| Reliance Industries Ltd. | Energy | Equity | 2.28% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 2.19% |
| GOI | Sovereign | GOI Sec | 2.14% |
| Axis Bank Ltd. | Financial | Equity | 2.05% |
| Indusind Bank Ltd. | Financial | Equity | 1.92% |
| Laurus Labs Ltd. | Healthcare | Equity | 1.81% |
| Bharti Airtel Ltd. | Communication | Equity | 1.81% |
| Glenmark Pharmaceuticals Ltd. | Healthcare | Equity | 1.75% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 1.72% |
| Infosys Ltd. | Technology | Equity | 1.62% |
| HDFC Bank Ltd. | Financial | Equity | 1.57% |
| Tech Mahindra Ltd. | Technology | Equity | 1.44% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | Equity | 1.40% |
| Bajaj Finserv Ltd. | Financial | Equity | 1.36% |
| HDFC Bank Ltd. | Financial | CD | 1.27% |
| DLF Ltd. | Construction | Equity | 1.26% |
| Bajaj Finance Ltd. | Financial | Equity | 1.24% |
| Fortis Healthcare Ltd. | Healthcare | Equity | 1.24% |
| Grasim Industries Ltd. | Construction | Equity | 1.22% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 1.22% |
| The Federal Bank Ltd. | Financial | Equity | 1.21% |
| IDFC First Bank Ltd. | Financial | Equity | 1.15% |
| Coal India Ltd. | Energy | Equity | 1.12% |
| Bharti Telecom Ltd. | Communication | Debenture | 1.11% |
| Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 1.09% |
| Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 1.08% |
| Mindspace Business Parks REIT | Construction | Debenture | 1.07% |
| GOI | Sovereign | GOI Sec | 1.07% |
| DSP Finance Pvt Ltd. | Financial | CP | 1.06% |
| Canara Bank | Financial | Equity | 1.05% |
| LTIMindtree Ltd. | Technology | Equity | 1.05% |
| Aditya Vision Ltd. | Services | Equity | 1.04% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 1.04% |
| Maharashtra State | Others | SDL | 1.04% |
| Bharat Electronics Ltd. | Capital Goods | Equity | 1.02% |
| Wipro Ltd. | Technology | Equity | 1.02% |
| GOI | Sovereign | GOI Sec | 0.97% |
| Indian Bank | Financial | Equity | 0.95% |
| Senores Pharmaceuticals Ltd. | Healthcare | Equity | 0.95% |
| Tega Industries Ltd. | Metals & Mining | Equity | 0.92% |
| Dabur India Ltd. | Consumer Staples | Equity | 0.92% |
| SRF Ltd. | Chemicals | Equity | 0.86% |
| REC Ltd. | Financial | Equity | 0.83% |
| Bajaj Auto Ltd. | Automobile | Equity | 0.81% |
| HDFC Asset Management Company Ltd. | Financial | Equity | 0.78% |
| Godrej Properties Ltd. | Construction | Equity | 0.76% |
| JM Financial Services Pvt. Ltd. | Financial | Debenture | 0.75% |
| Kaynes Technology India Ltd. | Capital Goods | Equity | 0.75% |
| Angel One Ltd. | Financial | Equity | 0.75% |
| Bosch Ltd. | Automobile | Equity | 0.70% |
| Aditya Birla Sun Life AMC Ltd. | Financial | Equity | 0.69% |
| Mahanagar Gas Ltd. | Energy | Equity | 0.68% |
| Kajaria Ceramics Ltd. | Construction | Equity | 0.65% |
| Cholamandalam Financial Holdings Ltd. | Financial | Equity | 0.63% |
| IIFL Finance Ltd. | Financial | Equity | 0.59% |
| Vishal Mega Mart Ltd. | Services | Equity | 0.59% |
| Mankind Pharma Ltd. | Healthcare | Equity | 0.57% |
| Embassy Office Parks REIT | Construction | Bonds | 0.55% |
| TVS Credit Services Ltd. | Financial | NCD | 0.55% |
| LIC Housing Finance Ltd. | Financial | FRB | 0.55% |
| ICICI Lombard General Insurance Company Ltd. | Insurance | Equity | 0.55% |
| Maharashtra State | Others | SDL | 0.53% |
| Sri Lotus Developers and Realty Ltd. | Construction | Equity | 0.52% |
| JSW Energy Ltd. | Capital Goods | Equity | 0.51% |
| Crisil Ltd. | Services | Equity | 0.50% |
| AWL Agri Business Ltd. | Consumer Staples | Equity | 0.43% |
| Hindustan Aeronautics Ltd. | Capital Goods | Equity | 0.38% |
| Polycab India Ltd. | Capital Goods | Equity | 0.37% |
| Bank Of Baroda | Financial | CD | 0.32% |
| Arvind Fashions Ltd. | Textiles | Equity | 0.27% |
| Oswal Pumps Ltd. | Capital Goods | Equity | 0.22% |
| ICICI Prudential Asset Management Company Ltd. | Financial | Equity | 0.04% |
| Tata Motors Ltd. | Automobile | Equity | 0.00% |
| ABB India Ltd. | Capital Goods | Equity | 0.00% |
| Tata Motors Passenger Vehicles Ltd. | Automobile | Equity | 0.00% |
| Bajaj Finance Ltd. | Financial | Futures | -1.20% |
See All
Minimum investments
Min. for 1st investment
₹1,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹500
Returns and rankings
Annualised returns
Absolute returns
| Name | 6M | 1Y | 3Y | All |
|---|---|---|---|---|
| Fund returns | +1.3% | +8.3% | +15.0% | +11.5% |
| Category average (Hybrid Dynamic Asset Allocation) | +1.0% | +4.6% | +11.9% | -- |
| Rank (Hybrid Dynamic Asset Allocation) | -- | 14 | 5 | -- |
Exit load, stamp duty and tax
Exit load
Exit load for units in excess of 10% of the investment 1% will be charged for redemption within 3 months.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Check past data
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
HDFC Balanced Advantage Fund Direct Growth | +8.24% | +18.34% | 1,08,205.07 | |
SBI Balanced Advantage Fund Direct Growth | +10.40% | +15.13% | 39,914.31 | |
ICICI Prudential Balanced Advantage Direct Growth | +11.71% | +14.12% | 70,534.59 | |
DSP Dynamic Asset Allocation Fund Direct Growth | +9.46% | +13.91% | 3,708.72 | |
Nippon India Balanced Advantage Fund Direct Growth | +7.88% | +13.67% | 9,724.68 | |
| Compare | ||||
Fund management
AGAmit GargJan 2026 - PresentView details
AG
Amit Garg
Jan 2026 - Present
View details
About Mahindra Manulife Balanced Advantage Fund Direct Growth
Mahindra Manulife Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 04 Feb 2016. Amit Garg is the Current Fund Manager of Mahindra Manulife Balanced Advantage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 30 Jan 2026 is ₹15.59.
The Mahindra Manulife Balanced Advantage Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. Exit load for units in excess of 10% of the investment 1% will be charged for redemption within 3 months.
;
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.
Fund benchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index
Fund house
Rank (total assets)#28 in India
Total AUM₹4,742.00 Cr
Date of Incorporation04 Feb 2016
Launch Date04 Feb 2016
Address1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
Websitewww.camsonline.com
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,