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Mahindra Manulife Balanced Advantage Fund Direct Growth
+9.98%
3Y annualised
-0.32% 1D
NAV: 22 Oct '26
₹15.47
Min. for SIP
₹500
Fund size (AUM)
₹878.76 Cr
Expense ratio
0.85%
Rating
3
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹14,666 | -2.23% | |
| 6 months | ₹30,000 | ₹29,468 | -1.77% | |
| 1 year | ₹60,000 | ₹59,368 | -1.05% | |
| 3 years | ₹1,80,000 | ₹1,89,480 | +5.27% |
Holdings (82)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Repo | Unspecified | Repo | 4.33% |
| ICICI Bank Ltd | Financial | Equity | 3.87% |
| 7.71% GOI 18-May-2066 | Entities | GOI Securities | 3.41% |
| MUTHOOT FINANCE LIMITED OP I 8.52 NCD 07AP28 FVRS1LAC | Financial | Debenture | 2.83% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26F 7.44 BD 17JL29 FVRS1LAC | Financial | Bonds | 2.82% |
| Bharti Airtel Ltd | Technology | Equity | 2.36% |
| HDFC Bank Ltd | Financial | Equity | 2.35% |
| Reliance Industries Ltd | Energy & Utilities | Equity | 2.23% |
| Zomato Ltd | Technology | Equity | 2.20% |
| Brookfield India Real Estate Trust REIT | Real Estate | Real Estate Investment Trusts | 2.17% |
| Indusind Bank Ltd | Financial | Equity | 2.11% |
| Axis Bank Ltd | Financial | Equity | 2.09% |
| Jindal Steel & Power Ltd | Materials | Equity | 1.81% |
| Apollo Hospitals Enterprise Ltd | Healthcare | Equity | 1.72% |
| GODREJ PROPERTIES LIMITED SR I 8.30 LOA 19MR27 FVRS1LAC | Real Estate | Debenture | 1.71% |
| Laurus Labs Ltd | Healthcare | Equity | 1.71% |
| The Federal Bank Ltd | Financial | Equity | 1.52% |
| Tech Mahindra Ltd | Technology | Equity | 1.46% |
| State Bank of India | Financial | Equity | 1.44% |
| Senores Pharmaceuticals Ltd. | Healthcare | Equity | 1.42% |
| Bajaj Finance Ltd | Financial | Equity | 1.41% |
| Aditya Vision Ltd | Consumer Discretionary | Equity | 1.40% |
| Titan Company Ltd | Consumer Discretionary | Equity | 1.38% |
| Larsen & Toubro Ltd | Industrials | Equity | 1.34% |
| Mahindra & Mahindra Ltd | Consumer Discretionary | Equity | 1.33% |
| Bharat Heavy Electricals Ltd | Industrials | Equity | 1.31% |
| Glenmark Pharmaceuticals Ltd | Healthcare | Equity | 1.28% |
| Bharat Electronics Ltd | Industrials | Equity | 1.27% |
| Multi Commodity Exchange Of India Ltd | Financial | Equity | 1.25% |
| Bank of Maharashtra | Financial | Equity | 1.21% |
| Divi's Laboratories Ltd | Healthcare | Equity | 1.19% |
| Oil & Natural Gas Corporation Ltd | Energy & Utilities | Equity | 1.18% |
| BHARTI TELECOM LIMITED SR XX 8.75 NCD 05NV28 FVRS1LAC | Technology | Debenture | 1.15% |
| Net Receivables | Unspecified | Net Receivables | 1.14% |
| Fortis Healthcare Ltd | Healthcare | Equity | 1.14% |
| POWER FINANCE CORPORATION LIMITED SR 238 7.55 BD 15AP27 FVRS1LAC | Financial | Non Convertible Debenture | 1.14% |
| LIC HOUSING FINANCE LTD TR 438 7.8350 NCD 11MY27 FVRS1LAC | Financial | Debenture | 1.14% |
| MUTHOOT FINANCE LIMITED RR NCD 26JL29 FVRS1LAC | Financial | Debenture | 1.14% |
| MUTHOOT FINANCE LIMITED OP II 8.52 NCD 26MY28 FVRS1LAC | Financial | Debenture | 1.13% |
| MINDSPACE BUSINESS PARKS REIT SR NCD16 6.9601 NCD 08DC28 FVRS1LAC | Real Estate | Debenture | 1.12% |
| GOVERNMENT OF INDIA 36320 GOI 18AG55 7.24 FV RS 100 | Entities | GOI Securities | 1.08% |
| STATE DEVELOPMENT LOAN 36122 MH 25JU37 6.98 FV RS 100 | Unspecified | State Development Loan | 1.07% |
| Coal India Ltd | Materials | Equity | 1.02% |
| Aditya Birla Capital Ltd | Financial | Equity | 1.00% |
| Torrent Pharmaceuticals Ltd | Healthcare | Equity | 0.99% |
| Bosch Ltd | Consumer Discretionary | Equity | 0.96% |
| Indian Bank | Financial | Equity | 0.96% |
| Ultratech Cement Ltd | Materials | Equity | 0.95% |
| Maruti Suzuki India Ltd | Consumer Discretionary | Equity | 0.93% |
| Coforge Ltd | Technology | Equity | 0.93% |
| Aditya Birla Sun Life AMC Ltd | Financial | Equity | 0.91% |
| Delhivery Ltd | Industrials | Equity | 0.89% |
| Infosys Ltd | Technology | Equity | 0.88% |
| IDFC First Bank Ltd | Financial | Equity | 0.86% |
| Bajaj Auto Ltd | Consumer Discretionary | Equity | 0.86% |
| Radico Khaitan Ltd | Consumer Staples | Equity | 0.84% |
| Zinka Logistics Solutions Ltd. | Industrials | Equity | 0.80% |
| Polycab India Ltd | Industrials | Equity | 0.79% |
| JM FINANCIAL SERVICES LIMITED TR G 8.30 NCD 27MY27 FVRS1LAC | Financial | Debenture | 0.79% |
| Phoenix Mills Ltd | Real Estate | Equity | 0.77% |
| Hindustan Aeronautics Ltd | Industrials | Equity | 0.77% |
| Vishal Mega Mart Ltd. | Consumer Staples | Equity | 0.73% |
| L&T Finance Holdings Ltd | Financial | Equity | 0.73% |
| Indus Towers Ltd | Technology | Equity | 0.70% |
| Marico Ltd | Consumer Staples | Equity | 0.67% |
| Ami Organics Ltd | Healthcare | Equity | 0.61% |
| TVS CREDIT SERVICES LIMITED 8.85 LOA 11JU27 FVRS1CR | Financial | Non Convertible Debenture | 0.57% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24H 7.62 BD 10MY29 FVRS1LAC | Financial | Debenture | 0.57% |
| EMBASSY OFFICE PARKS REIT SR XII 7.73 NCD 14DC29 FVRS1LAC | Real Estate | Bonds | 0.56% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IV 7.29 BD 09NV29 FVRS1LAC | Financial | Non Convertible Debenture | 0.56% |
| JSW Energy Ltd | Energy & Utilities | Equity | 0.55% |
| STATE DEVELOPMENT LOAN 36634 MH 23OT36 7.2 FV RS 100 | Unspecified | State Development Loan | 0.54% |
| STATE DEVELOPMENT LOAN 36699 MH 12NV37 7.25 FV RS 100 | Unspecified | State Development Loan | 0.54% |
| Cummins India Ltd | Industrials | Equity | 0.54% |
| DLF Ltd | Real Estate | Equity | 0.52% |
| HDFC Asset Management Company Ltd | Financial | Equity | 0.52% |
| Mahanagar Gas Ltd | Energy & Utilities | Equity | 0.48% |
| Max Financial Services Ltd | Financial | Equity | 0.41% |
| 360 ONE PRIME LIMITED 8.95 NCD 04JU27 FVRS1LAC | Financial | Non Convertible Debenture | 0.34% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25A 7.70 BD 30SP27 FVRS1LAC | Financial | Debenture | 0.28% |
| Arvind Fashions Ltd | Consumer Discretionary | Equity | 0.22% |
| Cash Margin | Unspecified | Cash Margin | 0.06% |
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 | -0.5% | -1.6% | +10.0% | +9.5% |
| Category average (Hybrid Dynamic Asset Allocation) | -0.4% | -1.7% | +8.6% | +10.8% |
| Rank (Hybrid Dynamic Asset Allocation) | -- | 12 | 7 | -- |
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) | |
|---|---|---|---|---|
 | +2.05% | +11.05% | 9,836.35 | |
 | -0.57% | +10.04% | 71,913.46 | |
 | -4.79% | +9.99% | 1,02,533.96 | |
 | +0.54% | +9.86% | 3,703.78 | |
 | -1.26% | +9.78% | 9,532.23 | |
| Compare | ||||
Fund management
RPRahul PalDec 2021 - PresentView details
RP
Rahul Pal
Dec 2021 - Present
View details
AGAmit GargJan 2026 - PresentView details
AG
Amit Garg
Jan 2026 - Present
View details
NDNeelesh DhamnaskarFeb 2026 - PresentView details
ND
Neelesh Dhamnaskar
Feb 2026 - Present
View details
HKHemang KapasiSep 2026 - PresentView details
HK
Hemang Kapasi
Sep 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. Rahul Pal 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 22 Oct 2026 is ₹15.47.
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.
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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,