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Mahindra Manulife Balanced Advantage Fund - Direct Plan
Regular
Direct
3 Year Absolute Returns
16.21% ↑
NAV (₹) on 18 Jun 2026
12.72
1 Day NAV Change
0.35%
Risk Level
Very High Risk
Rating
Mahindra Manulife Balanced Advantage Fund - Direct Plan is a Equity mutual fund categorized under Hybrid, offered by Mahindra Manulife Investment Management Pvt. Ltd.. Launched on 09 Dec 2021, ... Read more
NAV History
Fund Details
Min. SIP Amount
₹500
Inception Date
09 Dec 2021
Min. Lumpsum Amount
₹ 1,000
Fund Age
4 Yrs
AUM
₹ 883.89 Cr.
Benchmark
Nifty 50 Hybrid Composite Debt 50: 50 Index TRI
Expense Ratio
0.68%
Scheme Type
Open Ended
Exit Load
1%
Returns Calculator
Investment amount per month
₹1,000
Over the past
Would have become
On total investment of
*Calculation based on past performance of this fund.
Asset Allocation
AUM
₹ 883.89 Cr
Equity
347.06%
Debt
105.85%
Money Market & Cash
28.27%
Derivatives & Other Instruments
0.16%
Other Assets & Liabilities
22.46%
Sector Holdings
| Sectors | Weightage |
|---|---|
| Debt | 13.17% |
| Finance - Banks - Private Sector | 12.08% |
| Pharmaceuticals | 5.82% |
| Treps/Reverse Repo | 5.25% |
| Finance - Banks - Public Sector | 4.09% |
| Government Securities | 3.78% |
| Finance & Investments | 3.62% |
| Hospitals & Medical Services | 3.08% |
| IT Consulting & Software | 3.05% |
| Non-Banking Financial Company (NBFC) | 2.70% |
| Refineries | 2.47% |
| Telecom Services | 2.44% |
| Auto - Cars & Jeeps | 2.37% |
| Steel - Sponge Iron | 1.91% |
| Finance - Mutual Funds | 1.78% |
| Aerospace & Defense | 1.73% |
| E-Commerce/E-Retail | 1.72% |
| Telecom Equipment | 1.68% |
| Engineering - Heavy | 1.65% |
| Logistics - Warehousing/Supply Chain/Others | 1.64% |
| Mining/Minerals | 1.64% |
| Cement | 1.64% |
| Construction, Contracting & Engineering | 1.45% |
| Oil Drilling And Exploration | 1.38% |
| Certificate of Deposits | 1.36% |
| Retail - Speciality - Non Apparel | 1.25% |
| Gems, Jewellery & Precious Metals | 1.22% |
| Net Receivables/(Payables) | 1.21% |
| Real Estate Investment Trusts (REIT) | 1.01% |
| Auto - 2 & 3 Wheelers | 0.95% |
| Power - Transmission/Equipment | 0.95% |
| Exchange Platform | 0.90% |
| Retail - Departmental Stores | 0.88% |
| Chemicals - Others | 0.80% |
| Auto Ancl - Engine Parts | 0.75% |
| Realty | 0.70% |
| LPG/CNG/PNG/LNG Bottling/Distribution | 0.69% |
| Beverages & Distilleries | 0.68% |
| Engines | 0.67% |
| Power - Generation/Distribution | 0.66% |
| Commercial Paper | 0.57% |
| Finance - Non Life Insurance | 0.53% |
| Cables - Power/Others | 0.48% |
| Services - Others | 0.48% |
| Food Processing & Packaging | 0.44% |
| Floating Rate Notes | 0.34% |
| Textiles - Readymade Apparels | 0.26% |
| Derivatives | 0.08% |
Stock Holdings
| Name | Weightage | Value (in Cr.) | Sector |
|---|---|---|---|
| Triparty Repo | 5.25% | ₹ 46.39 | Others |
| ICICI Bank Limited | 3.20% | ₹ 28.27 | Finance - Banks - Private Sector |
| 8.52% Muthoot Finance Limited 2028 | 2.82% | ₹ 24.94 | Others |
| 7.53% National Bank For Agriculture and Rural Development 2028 | 2.81% | ₹ 24.87 | Others |
| Reliance Industries Limited | 2.47% | ₹ 21.80 | Refineries |
| HDFC Bank Limited | 2.45% | ₹ 21.68 | Finance - Banks - Private Sector |
| Bharti Airtel Limited | 2.44% | ₹ 21.58 | Telecom Services |
| 6.68% Government of India 2040 | 2.19% | ₹ 19.34 | Others |
| Axis Bank Limited | 2.18% | ₹ 19.30 | Finance - Banks - Private Sector |
| IndusInd Bank Limited | 2.13% | ₹ 18.84 | Finance - Banks - Private Sector |
| Jindal Steel Limited | 1.91% | ₹ 16.88 | Steel - Sponge Iron |
| State Bank of India | 1.90% | ₹ 16.78 | Finance - Banks - Public Sector |
| Eternal Limited | 1.72% | ₹ 15.16 | E-Commerce/E-Retail |
| Apollo Hospitals Enterprise Limited | 1.71% | ₹ 15.13 | Hospitals & Medical Services |
| Laurus Labs Limited | 1.70% | ₹ 14.98 | Pharmaceuticals |
| Indus Towers Limited | 1.68% | ₹ 14.85 | Telecom Equipment |
| Bharat Heavy Electricals Limited | 1.65% | ₹ 14.59 | Engineering - Heavy |
| UltraTech Cement Limited | 1.64% | ₹ 14.47 | Cement |
| Coal India Limited | 1.64% | ₹ 14.47 | Mining/Minerals |
| Bajaj Finance Ltd | 1.52% | ₹ 13.40 | Non-Banking Financial Company (NBFC) |
| Larsen & Toubro Limited | 1.45% | ₹ 12.80 | Construction, Contracting & Engineering |
| Tech Mahindra Limited | 1.41% | ₹ 12.46 | IT Consulting & Software |
| Oil & Natural Gas Corporation Limited | 1.38% | ₹ 12.23 | Oil Drilling And Exploration |
| The Federal Bank Limited | 1.37% | ₹ 12.14 | Finance - Banks - Private Sector |
| Fortis Healthcare Limited | 1.37% | ₹ 12.07 | Hospitals & Medical Services |
| HDFC Bank Limited 2026 | 1.36% | ₹ 12.06 | Others |
| Senores Pharmaceuticals Limited | 1.36% | ₹ 11.99 | Pharmaceuticals |
| Mahindra & Mahindra Limited | 1.36% | ₹ 12.06 | Auto - Cars & Jeeps |
| Bharat Electronics Limited | 1.34% | ₹ 11.83 | Aerospace & Defense |
| Aditya Vision Ltd | 1.25% | ₹ 11.05 | Retail - Speciality - Non Apparel |
| Glenmark Pharmaceuticals Limited | 1.24% | ₹ 10.93 | Pharmaceuticals |
| Titan Company Limited | 1.22% | ₹ 10.80 | Gems, Jewellery & Precious Metals |
| Net Receivables / (Payables) | 1.21% | ₹ 11.13 | Others |
| Bank of Maharashtra | 1.20% | ₹ 10.60 | Finance - Banks - Public Sector |
| 8.75% Bharti Telecom Limited 2028 | 1.14% | ₹ 10.07 | Others |
| 8.52% Muthoot Finance Limited 2028 | 1.13% | ₹ 9.98 | Others |
| 7.68% Small Industries Dev Bank of India 2027 | 1.13% | ₹ 9.98 | Others |
| 6.9601% Mindspace Business Parks REIT 2028 | 1.11% | ₹ 9.78 | Others |
| 7.24% Government of India 2055 | 1.08% | ₹ 9.54 | Others |
| 6.98% State Government Securities 2037 | 1.07% | ₹ 9.46 | Finance & Investments |
| Divi's Laboratories Limited | 1.06% | ₹ 9.33 | Pharmaceuticals |
| Infosys Limited | 1.03% | ₹ 9.06 | IT Consulting & Software |
| Brookfield India Real Estate Trust | 1.01% | ₹ 8.93 | Real Estate Investment Trusts (REIT) |
| Maruti Suzuki India Limited | 1.01% | ₹ 8.93 | Auto - Cars & Jeeps |
| Indian Bank | 0.99% | ₹ 8.75 | Finance - Banks - Public Sector |
| Delhivery Limited | 0.98% | ₹ 8.64 | Logistics - Warehousing/Supply Chain/Others |
| Aditya Birla Sun Life AMC Limited | 0.96% | ₹ 8.51 | Finance - Mutual Funds |
| Bajaj Auto Limited | 0.95% | ₹ 8.37 | Auto - 2 & 3 Wheelers |
| Power Grid Corporation of India Limited | 0.95% | ₹ 8.43 | Power - Transmission/Equipment |
| Aditya Birla Capital Limited | 0.95% | ₹ 8.36 | Finance & Investments |
| Multi Commodity Exchange of India Limited | 0.90% | ₹ 7.98 | Exchange Platform |
| Vishal Mega Mart Limited | 0.88% | ₹ 7.74 | Retail - Departmental Stores |
| HDFC Asset Management Company Limited | 0.82% | ₹ 7.22 | Finance - Mutual Funds |
| SRF Limited | 0.80% | ₹ 7.06 | Chemicals - Others |
| L&T Finance Limited | 0.78% | ₹ 6.91 | Non-Banking Financial Company (NBFC) |
| 8.3% JM Financial Services Limited 2027 | 0.78% | ₹ 6.91 | Others |
| IDFC First Bank Limited | 0.75% | ₹ 6.63 | Finance - Banks - Private Sector |
| Bosch Limited | 0.75% | ₹ 6.59 | Auto Ancl - Engine Parts |
| The Phoenix Mills Limited | 0.70% | ₹ 6.20 | Realty |
| Mahanagar Gas Limited | 0.69% | ₹ 6.10 | LPG/CNG/PNG/LNG Bottling/Distribution |
| Radico Khaitan Limited | 0.68% | ₹ 5.98 | Beverages & Distilleries |
| Cummins India Limited | 0.67% | ₹ 5.88 | Engines |
| Black Buck Ltd | 0.66% | ₹ 5.87 | Logistics - Warehousing/Supply Chain/Others |
| JSW Energy Limited | 0.66% | ₹ 5.83 | Power - Generation/Distribution |
| Coforge Limited | 0.61% | ₹ 5.40 | IT Consulting & Software |
| Small Industries Dev Bank of India 2026 | 0.57% | ₹ 5 | Others |
| 8.85% TVS Credit Services Limited 2027 | 0.57% | ₹ 5.01 | Others |
| 7.62% National Bank For Agriculture and Rural Development 2029 | 0.56% | ₹ 4.97 | Others |
| 7.73% Embassy Office Parks REIT 2029 | 0.56% | ₹ 4.97 | Others |
| 7.25% State Government Securities 2037 | 0.55% | ₹ 4.82 | Finance & Investments |
| 7.2% State Government Securities 2036 | 0.55% | ₹ 4.82 | Finance & Investments |
| ICICI Lombard General Insurance Company Limited | 0.53% | ₹ 4.66 | Finance - Non Life Insurance |
| 6.9% Government of India 2065 | 0.51% | ₹ 4.51 | Others |
| Max Financial Services Limited | 0.50% | ₹ 4.44 | Finance & Investments |
| Polycab India Limited | 0.48% | ₹ 4.26 | Cables - Power/Others |
| CRISIL Limited | 0.48% | ₹ 4.22 | Services - Others |
| Torrent Pharmaceuticals Limited | 0.46% | ₹ 4.05 | Pharmaceuticals |
| Britannia Industries Limited | 0.44% | ₹ 3.90 | Food Processing & Packaging |
| IIFL Finance Limited | 0.40% | ₹ 3.53 | Non-Banking Financial Company (NBFC) |
| Hindustan Aeronautics Limited | 0.39% | ₹ 3.44 | Aerospace & Defense |
| Muthoot Finance Limited 2029 (FRN) | 0.34% | ₹ 3 | Others |
| 7.48% National Bank For Agriculture and Rural Development 2028 | 0.28% | ₹ 2.48 | Others |
| Arvind Fashions Limited | 0.26% | ₹ 2.30 | Textiles - Readymade Apparels |
| 7.64% Power Finance Corporation Limited 2026 | 0.17% | ₹ 1.50 | Others |
| 6.4% LIC Housing Finance Limited 2026 | 0.11% | ₹ 0.99 | Others |
| Margin placed with CCIL & ARCL | 0.08% | ₹ 0.70 | Others |
Returns
| Annualised returns | ||||
|---|---|---|---|---|
| 9M | 1Y | 2Y | 3Y | |
| Fund returns | -4.30% | -2.05% | -1.91% | 5.14% |
| Category returns | 2.51% | 4.76% | 9.88% | 25.28% |
Fund 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 ... Read more
AMC Details
Name
Mahindra Manulife Investment Management Pvt. Ltd.
Date of Incorporation
04 Feb 2016
CEO
Mr. Anthony Heredia
CIO
Mr. Rahul Pal, Mr. Krishna Sanghavi
Type
Pvt.Sector-Joint Venture (Indian)
Address
1st Floor, Sadhana House,
Behind Mahindra Tower,
570 P. B. Marg,
Worli, Mumbai, Maharashtra, India - 400018
Website
http://www.mahindramutualfund.com
Email
Top Funds from Hybrid - Dynamic Asset Allocation/Balanced Advantage
Top Funds from Mahindra Manulife Investment Management Pvt. Ltd.
FAQs
What is the current NAV of Mahindra Manulife Balanced Advantage Fund - Direct Plan IDCW-Reinvestment?
The current Net Asset Value (NAV) of Mahindra Manulife Balanced Advantage Fund - Direct Plan IDCW-Reinvestment is ₹12.72 as of 18 Jun 2026. NAV represents the per-unit market value of the fund and is updated daily based on the closing prices of the underlying securities.
What is the fund size (AUM) of Mahindra Manulife Balanced Advantage Fund - Direct Plan IDCW-Reinvestment?
The Assets Under Management (AUM) of Mahindra Manulife Balanced Advantage Fund - Direct Plan IDCW-Reinvestment is ₹883.89 Crores. AUM indicates the total market value of assets managed by the fund and reflects investor confidence and fund popularity.
What are the historical returns of Mahindra Manulife Balanced Advantage Fund - Direct Plan IDCW-Reinvestment?
Mahindra Manulife Balanced Advantage Fund - Direct Plan IDCW-Reinvestment has delivered returns of -2.05% (1 Year), 5.14% (3 Year), 0.00% (5 Year). Past performance does not guarantee future results, and investors should consider their risk appetite before investing.
What is the risk level of Mahindra Manulife Balanced Advantage Fund - Direct Plan IDCW-Reinvestment?
Mahindra Manulife Balanced Advantage Fund - Direct Plan IDCW-Reinvestment has a risk rating of 'Very High' as per the SEBI Riskometer. This indicates the fund is suitable for very aggressive investors comfortable with significant market volatility. Investors should align their investment choices with their personal risk tolerance and financial goals.
What is the minimum investment amount for Mahindra Manulife Balanced Advantage Fund - Direct Plan IDCW-Reinvestment?
The minimum lumpsum investment required for Mahindra Manulife Balanced Advantage Fund - Direct Plan IDCW-Reinvestment is ₹1,000. The fund also offers SIP (Systematic Investment Plan) option starting from as low as ₹500, making it accessible for regular investments. This allows investors to start their mutual fund journey with a manageable amount.
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article
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