Mahindra Manulife Balanced Advantage Yojana Regular IDCW

Hybrid
Dynamic Asset Allocation
Very High Risk
1M
6M
1Y
All
NAV: 27 Jan 2023₹9.95
Min. SIP amountNot Supported
RatingNA
Fund size₹669.21Cr

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
3M6M1YAll
Fund returns3.8%8.7%NA2.7%
Category averageNANA2.8%NA
Rank with in category272220NA
Understand terms

Holdings (63)

NameSectorInstrumentAssets
Infosys Ltd.TechnologyEquity5.7%
GOISovereignGOI Sec5.3%
ICICI Bank Ltd.FinancialEquity4.2%
Ambuja Cements Ltd.ConstructionEquity4.0%
State Bank of IndiaFinancialEquity4.0%
GOI
SovereignGOI Sec2.9%
Indusind Bank Ltd.FinancialEquity2.7%
GOISovereignGOI Sec2.6%
Bharat Forge Ltd.AutomobileEquity2.5%
Sun Pharmaceutical Industries Ltd.HealthcareEquity2.4%
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 investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

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
Mahindra Manulife Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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