Item: Mahindra Manulife Balanced Advantage Fund Direct Growth
Rating: Unrated
Author: Morningstar

Home › Mutual Funds › Mahindra Mutual Fund › Mahindra Manulife Balanced Advantage Fund Direct Growth

13.581 (0.806%)

NAV on May 14, 2024

Category Allocation:

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 731 cr

Turnover Ratio 295.00%

Expense Ratio 0.61%

Exit Load 1.00%if redeemed within
3 Months0.00%if redeemed after 3 Months

Returns

1M: -0.94%
1Y: 29.69%
3M: 0.83%
3Y: N/A
6M: 14.93%
5Y: N/A

Min Investment 1,000

Buy Now Start SIP

ADDITIONAL INFO

Fund Manager Rahul Pal (Since over 2 years) Manish Lodha (Since over 2 years) Fatema Pacha (Since over 2 years)

ISIN INF174V01BE0

Fund Family Mahindra

P/E Ratio 15.82

P/B Ratio 2.90

Launch Date December 30, 2021

Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR

Avg. Maturity 2.69 years

Yield To Maturity (%) 7.33%

SECTOR WEIGHTINGS (%)

Financial 18.64%

Industrial 13.22%

Technology 6.04%

Basic Materials 4.18%

Consumer Cyclical 9.88%

Utilities Services 12.3%

Healthcare Services 6.61%

Energy Services 18.02%

Communication Services 8.49%

Consumer Defensive 2.63%

Real Estate 0.00%

INVESTMENT OBJECTIVE

The investment objective of the Scheme is 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. However, there can be no assurance that the investment objective of the Scheme will be achieved.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

View Factsheet

Top Rated
Top Performing

Top Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
HDFC Balanced Advantage Fund Direct Plan Growth Option	498.772	39.22%	83,549 cr	0.72%	High
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	23.229	25.93%	3,805 cr	0.72%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	52.050	25.63%	11,136 cr	0.49%	Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	71.960	20.41%	56,709 cr	0.81%	Low