1M
6M
1Y
All
| NAV: 21 Nov 2024 | ₹14.59 |
| Min. SIP amount | ₹500 |
| Rating | NA |
| Fund size | ₹903.98Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Dynamic Asset Allocation
Absolute returns
| 3M | 6M | 1Y | All | |
|---|---|---|---|---|
| Fund returns | -0.2% | 6.7% | 28.7% | 47.9% |
| Category average | NA | NA | 18.5% | NA |
| Rank with in category | 25 | 15 | 6 | NA |
Understand terms
Peer Comparison
| Hybrid, Dynamic Asset Allocation funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
HDFC Balanced Advantage Fund Direct Plan Growth | 5 | 25.5% | 21.3% | 96,535.51 |
Baroda BNP Paribas Balanced Advantage Fund Direct Growth | 4 | 21.4% | 13.4% | 4,186.97 |
ICICI Prudential Balanced Advantage Direct Growth | 4 | 17.9% | 12.4% | 62,050.92 |
Edelweiss Balanced Advantage Fund Direct Growth | 4 | 20.8% | 11.8% | 12,689.91 |
Kotak Balanced Advantage Fund Direct Growth | 4 | 18.9% | 11.7% | 17,205.51 |
Holdings (89)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 4.62% |
Reliance Industries Ltd. | Energy | Equity | 3.50% |
National Bank For Agriculture & Rural Development | Financial | Bonds | 2.80% |
ITC Ltd. | Consumer Staples | Equity | 2.72% |
GOI | Sovereign | GOI Sec | 2.47% |
GOI | Sovereign | GOI Sec | 2.32% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 2.26% |
ICICI Bank Ltd. | Financial | Equity | 2.25% |
Hindustan Unilever Ltd. | Consumer Staples | Equity | 2.20% |
United Spirits Ltd. | Consumer Staples | Equity | 2.19% |
Trent Ltd. | Services | Equity | 1.87% |
PI Industries Ltd. | Chemicals | Equity | 1.82% |
Tata Consultancy Services Ltd. | Technology | Equity | 1.81% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 1.79% |
GOI | Sovereign | GOI Sec | 1.75% |
LTIMindtree Ltd. | Technology | Equity | 1.73% |
GOI | Sovereign | GOI Sec | 1.71% |
Shriram Finance Ltd | Financial | Bonds | 1.68% |
Waaree Energies Ltd. | Energy | Equity | 1.58% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 1.56% |
Divi's Laboratories Ltd. | Healthcare | Equity | 1.49% |
Reserve Bank of India | Financial | T-Bills | 1.44% |
HCL Technologies Ltd. | Technology | Equity | 1.43% |
Persistent Systems Ltd. | Technology | Equity | 1.41% |
Oil And Natural Gas Corporation Ltd. | Energy | Equity | 1.40% |
Bajaj Finance Ltd. | Financial | Equity | 1.39% |
GOI | Sovereign | GOI Sec | 1.37% |
Multi Commodity Exchange Of India Ltd. | Services | Equity | 1.32% |
Bharti Airtel Ltd. | Communication | Equity | 1.30% |
Interglobe Aviation Ltd. | Services | Equity | 1.23% |
Samvardhana Motherson International Ltd. | Automobile | Equity | 1.17% |
Reserve Bank of India | Financial | T-Bills | 1.12% |
REC Ltd. | Financial | Debenture | 1.12% |
BSE Ltd. | Services | Equity | 1.08% |
Kotak Mahindra Bank Ltd. | Financial | CD | 1.07% |
Reserve Bank of India | Financial | T-Bills | 1.06% |
Hitachi Energy India Ltd. | Capital Goods | Equity | 1.05% |
The Federal Bank Ltd. | Financial | Equity | 1.03% |
Bharti Telecom Ltd. | Communication | Debenture | 1.02% |
Aditya Vision Ltd. | Services | Equity | 1.01% |
Bharat Forge Ltd. | Automobile | Equity | 0.96% |
GOI | Sovereign | GOI Sec | 0.94% |
Hindustan Petroleum Corporation Ltd. | Energy | Equity | 0.87% |
Cholamandalam Financial Holdings Ltd. | Financial | Equity | 0.87% |
LG Balakrishnan & Bros Ltd. | Automobile | Equity | 0.84% |
Tata Motors Ltd. | Automobile | Equity | 0.84% |
NTPC Ltd. | Energy | Equity | 0.83% |
The Indian Hotels Company Ltd. | Services | Equity | 0.82% |
GAIL (India) Ltd. | Energy | Equity | 0.81% |
Marico Ltd. | Consumer Staples | Equity | 0.78% |
Exide Industries Ltd. | Capital Goods | Equity | 0.74% |
360 One Wam Ltd | Financial | Equity | 0.73% |
Bandhan Bank Ltd. | Financial | Equity | 0.72% |
Siemens Ltd. | Capital Goods | Equity | 0.71% |
SRF Ltd. | Diversified | Equity | 0.71% |
Balrampur Chini Mills Ltd. | Consumer Staples | Equity | 0.71% |
National Aluminium Company Ltd. | Metals & Mining | Equity | 0.69% |
Bayer CropScience Ltd. | Chemicals | Equity | 0.67% |
State Bank of India | Financial | Equity | 0.66% |
Page Industries Ltd. | Textiles | Equity | 0.65% |
Angel One Ltd. | Financial | Equity | 0.62% |
CESC Ltd. | Energy | Equity | 0.61% |
TVS Motor Company Ltd. | Automobile | Equity | 0.61% |
Colgate-Palmolive (India) Ltd. | Consumer Staples | Equity | 0.61% |
Alkem Laboratories Ltd. | Healthcare | Equity | 0.58% |
ICICI Lombard General Insurance Company Ltd. | Insurance | Equity | 0.58% |
Arvind Fashions Ltd. | Textiles | Equity | 0.57% |
JK Paper Ltd. | Consumer Staples | Equity | 0.56% |
Piramal Enterprises Ltd. | Healthcare | Equity | 0.54% |
Mankind Pharma Ltd. | Healthcare | Equity | 0.54% |
Axis Bank Ltd. | Financial | CD | 0.53% |
Punjab National Bank | Financial | CD | 0.53% |
NLC India Ltd. | Energy | Equity | 0.52% |
Suzlon Energy Ltd. | Capital Goods | Equity | 0.34% |
GOI | Sovereign | GOI Sec | 0.17% |
Samvardhana Motherson International Ltd. | Automobile | Futures | -0.58% |
Colgate-Palmolive (India) Ltd. | Consumer Staples | Futures | -0.61% |
State Bank of India | Financial | Futures | -0.67% |
SRF Ltd. | Diversified | Futures | -0.71% |
Exide Industries Ltd. | Capital Goods | Futures | -0.74% |
Marico Ltd. | Consumer Staples | Futures | -0.78% |
GAIL (India) Ltd. | Energy | Futures | -0.81% |
Tata Motors Ltd. | Automobile | Futures | -0.85% |
Bharat Forge Ltd. | Automobile | Futures | -0.96% |
Reliance Industries Ltd. | Energy | Futures | -1.08% |
Multi Commodity Exchange Of India Ltd. | Services | Futures | -1.32% |
Oil And Natural Gas Corporation Ltd. | Energy | Futures | -1.40% |
Tata Consultancy Services Ltd. | Technology | Futures | -1.82% |
United Spirits Ltd. | Consumer Staples | Futures | -2.20% |
See All
Expense ratio, exit load and tax
Expense ratio: 0.53%
Inclusive of GST
Exit load
Exit load for units in excess of 10% of the investment 1% will be charged for redemption within 3 months.
Stamp duty
0.005% (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%.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Rahul PalDec 2021 - PresentView details
Rahul Pal
Dec 2021 - Present
View details
Education
Mr. Pal is a B.Com (H) and Chartered Accountant.
Experience
Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
Also manages these schemes
Fatema PachaDec 2021 - PresentView details
Fatema Pacha
Dec 2021 - Present
View details
Education
Ms. Pacha has done PGDBM (Finance) and BE (Computers)
Experience
Prior to joining Mahindra Manulife Mutual Fund, she was associated with ICICI Prudential Life Insurance and UTI Mutual Fund.
Also manages these schemes
Manish LodhaDec 2021 - PresentView details
Manish Lodha
Dec 2021 - Present
View details
Education
Mr. Lodha is a Chartered Accountant and Company Secretary
Experience
Prior to joining Mahindra Manulife Mutual Fund, he was associated with Canara HSBC OBC Life Insurance Co Ltd, Kotak Mahindra Mutual Fund. In these roles, he was responsible for Portfolio Management, Equity Research. He has also held various positions in Finance function during his association with BOC India Ltd (Now Linde India Ltd.).
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Launch Date
04 Feb 2016
E-mail
[email protected]Website
www.mahindramutualfund.com
Mahindra Manulife Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
www.camsonline.comCompare funds
Mahindra Manulife Balanced Advantage Fund Direct Growth
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