1M
6M
1Y
All
| NAV: 05 Nov 2024 | ₹14.86 |
| 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 | 22.4% | NA |
| Rank with in category | 15 | 23 | 5 | NA |
Understand terms
Peer Comparison
| Hybrid, Dynamic Asset Allocation funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
HDFC Balanced Advantage Fund Direct Plan Growth | 5 | 32.1% | 21.6% | 96,535.51 |
Baroda BNP Paribas Balanced Advantage Fund Direct Growth | 4 | 26.3% | 13.8% | 4,186.97 |
ICICI Prudential Balanced Advantage Direct Growth | 4 | 20.8% | 12.7% | 62,050.92 |
Edelweiss Balanced Advantage Fund Direct Growth | 4 | 24.7% | 12.3% | 12,689.91 |
Kotak Balanced Advantage Fund Direct Growth | 4 | 22.1% | 12.1% | 17,205.51 |
Holdings (83)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 4.54% |
Reliance Industries Ltd. | Energy | Equity | 3.82% |
ITC Ltd. | Consumer Staples | Equity | 2.84% |
National Bank For Agriculture & Rural Development | Financial | NCD | 2.74% |
Hindustan Unilever Ltd. | Consumer Staples | Equity | 2.53% |
GOI | Sovereign | GOI Sec | 2.49% |
GOI | Sovereign | GOI Sec | 2.46% |
United Spirits Ltd. | Consumer Staples | Equity | 2.37% |
GOI | Sovereign | GOI Sec | 2.30% |
ICICI Bank Ltd. | Financial | Equity | 2.18% |
Trent Ltd. | Services | Equity | 1.96% |
Tata Consultancy Services Ltd. | Technology | Equity | 1.92% |
LTIMindtree Ltd. | Technology | Equity | 1.87% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 1.85% |
PI Industries Ltd. | Chemicals | Equity | 1.85% |
GOI | Sovereign | GOI Sec | 1.69% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 1.67% |
Shriram Finance Ltd | Financial | Bonds | 1.66% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 1.65% |
Zomato Ltd. | Services | Equity | 1.63% |
Oil And Natural Gas Corporation Ltd. | Energy | Equity | 1.54% |
Bajaj Finance Ltd. | Financial | Equity | 1.53% |
HCL Technologies Ltd. | Technology | Equity | 1.43% |
Interglobe Aviation Ltd. | Services | Equity | 1.43% |
Persistent Systems Ltd. | Technology | Equity | 1.41% |
Reserve Bank of India | Financial | T-Bills | 1.41% |
Bharti Airtel Ltd. | Communication | Equity | 1.36% |
Samvardhana Motherson International Ltd. | Automobile | Equity | 1.35% |
NTPC Ltd. | Energy | Equity | 1.32% |
GOI | Sovereign | GOI Sec | 1.16% |
Multi Commodity Exchange Of India Ltd. | Services | Equity | 1.13% |
Marico Ltd. | Consumer Staples | Equity | 1.11% |
REC Ltd. | Financial | Debenture | 1.10% |
Reserve Bank of India | Financial | T-Bills | 1.10% |
Hitachi Energy India Ltd. | Capital Goods | Equity | 1.09% |
Aditya Vision Ltd. | Services | Equity | 1.09% |
Kotak Mahindra Bank Ltd. | Financial | CD | 1.04% |
Cholamandalam Financial Holdings Ltd. | Financial | Equity | 1.02% |
Bharat Forge Ltd. | Automobile | Equity | 1.01% |
Bharti Telecom Ltd. | Communication | Debenture | 1.00% |
Hindustan Petroleum Corporation Ltd. | Energy | Equity | 0.99% |
The Federal Bank Ltd. | Financial | Equity | 0.98% |
Tata Motors Ltd. | Automobile | Equity | 0.97% |
GAIL (India) Ltd. | Energy | Equity | 0.96% |
LG Balakrishnan & Bros Ltd. | Automobile | Equity | 0.87% |
The Indian Hotels Company Ltd. | Services | Equity | 0.82% |
Exide Industries Ltd. | Capital Goods | Equity | 0.80% |
SRF Ltd. | Diversified | Equity | 0.78% |
Bandhan Bank Ltd. | Financial | Equity | 0.77% |
Colgate-Palmolive (India) Ltd. | Consumer Staples | Equity | 0.76% |
L&T Finance Ltd. | Financial | Equity | 0.74% |
Balrampur Chini Mills Ltd. | Consumer Staples | Equity | 0.72% |
360 One Wam Ltd | Financial | Equity | 0.72% |
TVS Motor Company Ltd. | Automobile | Equity | 0.68% |
Voltamp Transformers Ltd. | Capital Goods | Equity | 0.66% |
ICICI Lombard General Insurance Company Ltd. | Insurance | Equity | 0.65% |
CESC Ltd. | Energy | Equity | 0.64% |
Bayer CropScience Ltd. | Chemicals | Equity | 0.64% |
State Bank of India | Financial | Equity | 0.63% |
Alkem Laboratories Ltd. | Healthcare | Equity | 0.60% |
Arvind Fashions Ltd. | Textiles | Equity | 0.59% |
Power Finance Corporation Ltd. | Financial | Debenture | 0.56% |
NLC India Ltd. | Energy | Equity | 0.56% |
JK Paper Ltd. | Consumer Staples | Equity | 0.54% |
Jyoti CNC Automation Ltd. | Capital Goods | Equity | 0.53% |
Axis Bank Ltd. | Financial | CD | 0.52% |
Punjab National Bank | Financial | CD | 0.52% |
Mankind Pharma Ltd. | Healthcare | Equity | 0.50% |
Vardhman Textiles Ltd. | Textiles | Equity | 0.47% |
Suzlon Energy Ltd. | Capital Goods | Equity | 0.40% |
GOI | Sovereign | GOI Sec | 0.35% |
GOI | Sovereign | GOI Sec | 0.17% |
Manappuram Finance Ltd. | Financial | Equity | 0.01% |
Godrej Consumer Products Ltd. | Consumer Staples | Equity | 0.00% |
State Bank of India | Financial | Futures | -0.63% |
Exide Industries Ltd. | Capital Goods | Futures | -0.81% |
Tata Motors Ltd. | Automobile | Futures | -0.97% |
Hindustan Petroleum Corporation Ltd. | Energy | Futures | -0.99% |
Bharat Forge Ltd. | Automobile | Futures | -1.02% |
ICICI Bank Ltd. | Financial | Futures | -1.12% |
Reliance Industries Ltd. | Energy | Futures | -1.19% |
Oil And Natural Gas Corporation Ltd. | Energy | Futures | -1.55% |
United Spirits Ltd. | Consumer Staples | Futures | -2.38% |
See All
Expense ratio, exit load and tax
Expense ratio: 0.54%
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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