1M
6M
1Y
All
| NAV: 11 Dec 2024 | ₹15.15 |
| 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 | 1.0% | 9.3% | 22.3% | 51.0% |
| Category average | NA | NA | 18.4% | NA |
| Rank with in category | 19 | 16 | 8 | NA |
Understand terms
Peer Comparison
| Hybrid, Dynamic Asset Allocation funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
HDFC Balanced Advantage Fund Direct Plan Growth | 5 | 23.6% | 23.1% | 96,535.51 |
Baroda BNP Paribas Balanced Advantage Fund Direct Growth | 4 | 22.2% | 15.2% | 4,186.97 |
ICICI Prudential Balanced Advantage Direct Growth | 4 | 16.8% | 13.4% | 62,050.92 |
Edelweiss Balanced Advantage Fund Direct Growth | 4 | 19.9% | 13.3% | 12,689.91 |
Kotak Balanced Advantage Fund Direct Growth | 4 | 19.9% | 13.3% | 17,205.51 |
Holdings (85)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 6.08% |
Reliance Industries Ltd. | Energy | Equity | 4.63% |
ICICI Bank Ltd. | Financial | Equity | 3.52% |
National Bank For Agriculture & Rural Development | Financial | Bonds | 2.76% |
ITC Ltd. | Consumer Staples | Equity | 2.61% |
GOI | Sovereign | GOI Sec | 2.44% |
GOI | Sovereign | GOI Sec | 2.28% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 2.22% |
Hindustan Unilever Ltd. | Consumer Staples | Equity | 2.14% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 1.92% |
LTIMindtree Ltd. | Technology | Equity | 1.84% |
Trent Ltd. | Services | Equity | 1.76% |
GOI | Sovereign | GOI Sec | 1.72% |
GOI | Sovereign | GOI Sec | 1.69% |
Shriram Finance Ltd | Financial | Bonds | 1.66% |
Divi's Laboratories Ltd. | Healthcare | Equity | 1.66% |
PI Industries Ltd. | Chemicals | Equity | 1.62% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 1.57% |
Marico Ltd. | Consumer Staples | Equity | 1.54% |
Persistent Systems Ltd. | Technology | Equity | 1.53% |
HCL Technologies Ltd. | Technology | Equity | 1.47% |
Reserve Bank of India | Financial | T-Bills | 1.43% |
Oil And Natural Gas Corporation Ltd. | Energy | Equity | 1.33% |
Bajaj Finance Ltd. | Financial | Equity | 1.31% |
Interglobe Aviation Ltd. | Services | Equity | 1.31% |
Bharti Airtel Ltd. | Communication | Equity | 1.30% |
Multi Commodity Exchange Of India Ltd. | Services | Equity | 1.23% |
BSE Ltd. | Services | Equity | 1.12% |
REC Ltd. | Financial | Debenture | 1.10% |
National Aluminium Company Ltd. | Metals & Mining | Equity | 1.08% |
Kotak Mahindra Bank Ltd. | Financial | CD | 1.06% |
Reserve Bank of India | Financial | T-Bills | 1.05% |
The Federal Bank Ltd. | Financial | Equity | 1.05% |
Aditya Vision Ltd. | Services | Equity | 1.04% |
Samvardhana Motherson International Ltd. | Automobile | Equity | 1.03% |
Bharti Telecom Ltd. | Communication | Debenture | 1.00% |
The Indian Hotels Company Ltd. | Services | Equity | 0.95% |
GOI | Sovereign | GOI Sec | 0.92% |
Page Industries Ltd. | Textiles | Equity | 0.89% |
Bharat Forge Ltd. | Automobile | Equity | 0.89% |
Hitachi Energy India Ltd. | Capital Goods | Equity | 0.89% |
Bank Of Baroda | Financial | Equity | 0.87% |
Hindustan Petroleum Corporation Ltd. | Energy | Equity | 0.86% |
Cholamandalam Financial Holdings Ltd. | Financial | Equity | 0.81% |
LG Balakrishnan & Bros Ltd. | Automobile | Equity | 0.81% |
GAIL (India) Ltd. | Energy | Equity | 0.79% |
GOI | Sovereign | GOI Sec | 0.78% |
Siemens Ltd. | Capital Goods | Equity | 0.75% |
Waaree Energies Ltd. | Energy | Equity | 0.74% |
Piramal Enterprises Ltd. | Healthcare | Equity | 0.74% |
360 One Wam Ltd | Financial | Equity | 0.74% |
Exide Industries Ltd. | Capital Goods | Equity | 0.72% |
State Bank of India | Financial | Equity | 0.67% |
Bandhan Bank Ltd. | Financial | Equity | 0.65% |
Balrampur Chini Mills Ltd. | Consumer Staples | Equity | 0.65% |
TVS Motor Company Ltd. | Automobile | Equity | 0.58% |
Angel One Ltd. | Financial | Equity | 0.58% |
Colgate-Palmolive (India) Ltd. | Consumer Staples | Equity | 0.57% |
Arvind Fashions Ltd. | Textiles | Equity | 0.57% |
Bayer CropScience Ltd. | Chemicals | Equity | 0.57% |
ICICI Lombard General Insurance Company Ltd. | Insurance | Equity | 0.56% |
Alkem Laboratories Ltd. | Healthcare | Equity | 0.56% |
LIC Housing Finance Ltd. | Financial | FRB | 0.55% |
CESC Ltd. | Energy | Equity | 0.55% |
Axis Bank Ltd. | Financial | CD | 0.53% |
Punjab National Bank | Financial | CD | 0.53% |
NLC India Ltd. | Energy | Equity | 0.52% |
Mankind Pharma Ltd. | Healthcare | Equity | 0.51% |
JK Paper Ltd. | Consumer Staples | Equity | 0.51% |
Crisil Ltd. | Services | Equity | 0.40% |
GOI | Sovereign | GOI Sec | 0.17% |
Tata Consultancy Services Ltd. | Technology | Equity | 0.01% |
United Spirits Ltd. | Consumer Staples | Equity | 0.01% |
SRF Ltd. | Diversified | Equity | 0.00% |
Colgate-Palmolive (India) Ltd. | Consumer Staples | Futures | -0.57% |
Bandhan Bank Ltd. | Financial | Futures | -0.66% |
State Bank of India | Financial | Futures | -0.67% |
Exide Industries Ltd. | Capital Goods | Futures | -0.72% |
GAIL (India) Ltd. | Energy | Futures | -0.79% |
Bharat Forge Ltd. | Automobile | Futures | -0.89% |
Samvardhana Motherson International Ltd. | Automobile | Futures | -1.04% |
Reliance Industries Ltd. | Energy | Futures | -1.04% |
Multi Commodity Exchange Of India Ltd. | Services | Futures | -1.24% |
Oil And Natural Gas Corporation Ltd. | Energy | Futures | -1.33% |
Marico Ltd. | Consumer Staples | Futures | -1.55% |
See All
Expense ratio, exit load and tax
Expense ratio: 0.55%
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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