Mahindra Manulife Balanced Advantage Fund Direct IDCW

Mahindra Manulife Balanced Advantage Fund Direct IDCW is a Hybrid Mutual Fund Scheme launched by Mahindra Manulife 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 IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹14,313 Cr and the Latest NAV as of 08 Dec 2023 is ₹12.37. The Mahindra Manulife Balanced Advantage Fund Direct IDCW is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. 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. ;