Groww Logo
Home>Mutual Funds>Mahindra Manulife Mutual Fund>Mahindra Manulife Balanced Advantage Yojana Regular Growth

Mahindra Manulife Balanced Advantage Yojana Regular Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
-2.67%
1M return
0.00% 1D
1M
All
NAV: 01 Jul 2022₹9.45
Min. SIP amountNA
RatingNA
Fund size₹623.79Cr

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Absolute returns
3M3M6MAll
Fund returns-5.7%-5.7%NA-5.5%
Category averageNANANANA
Rank with in category1919NANA
Understand terms

Holdings (60)

NameSectorInstrumentAssets
Reliance Industries Ltd.EnergyEquity5.3%
ICICI Bank Ltd.FinancialEquity5.1%
State Bank of IndiaFinancialEquity4.6%
Infosys Ltd.TechnologyEquity3.6%
GOI
SovereignGOI Sec2.9%
ITC Ltd.Consumer StaplesEquity2.6%
GOI
SovereignGOI Sec2.5%
GOI
SovereignGOI Sec2.4%
Export-Import Bank Of India
FinancialCD2.4%
Divi's Laboratories Ltd.HealthcareEquity2.3%
See All

Expense ratio, exit load and tax

Expense ratio: 2.37%

Inclusive of GST

Exit load

For units in excess of 10% of the investment 0.50% will be charged for redemption within 90 days

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

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 Pacha
Dec 2021 - Present
View details

Education
Ms. Pacha has done PGDBM (Finance) and BE (Computers)
Experience
Prior to joining MMIMPL, she was associated with ICICI Prudential Life Insurance and UTI Mutual Fund.
Also manages these schemes

Manish Lodha
Dec 2021 - Present
View details

Education
Mr. Lodha is a Chartered Accountant and Company Secretary
Experience
Prior to joining MMIMPL, 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 Towers,570 - P.B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Launch Date
04 Feb 2016
Website
NA
Amc Image
Mahindra Manulife Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Compare funds

Mahindra Manulife Balanced Advantage Yojana Regular Growth
VS
Add mutual fund to compare

FAQs

How to Invest in Mahindra Manulife Balanced Advantage Yojana Regular Growth?

You can easily invest in Mahindra Manulife Balanced Advantage Yojana Regular Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Mahindra Manulife Balanced Advantage Yojana Regular Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Mahindra Manulife Balanced Advantage Yojana Regular Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mahindra Manulife Balanced Advantage Yojana Regular Growth provide?

The Mahindra Manulife Balanced Advantage Yojana Regular Growth has been there from 30 Dec 2021 and the average annual returns provided by this fund is NA% since its inception.

How much expense ratio is charged by Mahindra Manulife Balanced Advantage Yojana Regular Growth?

The term Expense Ratio used for Mahindra Manulife Balanced Advantage Yojana Regular Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Mahindra Manulife Balanced Advantage Yojana Regular Growth is 2.37% as of 04 Jul 2022...

What is the AUM of Mahindra Manulife Balanced Advantage Yojana Regular Growth?

The AUM, short for Assets Under Management of Mahindra Manulife Balanced Advantage Yojana Regular Growth is ₹623.79Cr as of 04 Jul 2022.

How to Redeem Mahindra Manulife Balanced Advantage Yojana Regular Growth?

If you want to sell your Mahindra Manulife Balanced Advantage Yojana Regular Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Mahindra Manulife Balanced Advantage Yojana Regular Growth?

You can select either SIP or Lumpsum investment of Mahindra Manulife Balanced Advantage Yojana Regular Growth based on your investment objective and risk tolerance.

What is the NAV of Mahindra Manulife Balanced Advantage Yojana Regular Growth?

The NAV of Mahindra Manulife Balanced Advantage Yojana Regular Growth is ₹9.45 as of 01 Jul 2022.

What is the PE and PB ratio of Mahindra Manulife Balanced Advantage Yojana Regular Growth?

The PE ratio ratio of Mahindra Manulife Balanced Advantage Yojana Regular Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Loading...
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 3.1.1
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI