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Mahindra Manulife Balanced Advantage Fund Direct - Growth

NAV as of Jun 05, 2025Returns since inceptionET Money RankAUM (Fund size)
12.89% p.a.
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864 Crs

Historical NAV & returns

NAV: ₹15.1722 as on Jun 05, 2025
This fund Category average
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This fund Category average

Mahindra Manulife Balanced Advantage Fund overview

Expense ratio0.56% as on May 31, 2025
Exit load1.0%info
Exit load for units in excess of 10% of the investment 1% will be charged for redemption within 3 months.!
AUM (Fund size)864 Crs
Lock-inNo Lockin
Age3 yrs 5 m since Dec 09, 2021
BenchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index
Min. investment

SIP 500  &  Lump. 1000

RiskVery HighVery High Risk

Mahindra Manulife Balanced Advantage Fund Returns calculator

Investment type
Investment period
Investment period
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
  • Total investment ₹ 12 lakh
  • Profit ₹12 lakhs
  • Total corpus ₹1 lakh
  • Absolute return 52.69%

Trailing returns as on Jun 01, 2025

PeriodThis fundCategory average
1 Month 3.14% 2.6%
3 Months 8.72% 7.94%
6 Months 0.45% 1.23%
1 Year 9.8% 9.55%
2 Years 18.78% 16.86%
3 Years 15.64% 14.99%

Asset allocationas on Mar 31, 2025

Large Cap 38.492685%

Mid Cap 11.248127%

Small Cap 8.449188%

Other Cap 0.0%

Top sectors

Financial 21.599999999999998%

Energy 8.969999999999999%

Services 6.890000000000001%

Healthcare 6.32%

Cash & Call Money 19.52%

SOV 14.71%

AAA 6.4%

AA+ 1.18%

Top Debt Holdings

GOI 11.02%

Reserve Bank of India 3.69%

National Bank For Agriculture & Rural Development 3.47%

Bharti Telecom Ltd. 1.18%

Allocation by Instruments

Net Receivables 19.52%

GOI Securities 11.02%

Treasury Bills 3.6900000000000004%

Debenture 3.5300000000000002%

Other Holdings

Others 19.52%

Peer comparison

Fund nameETM RankAUM (in Crs.)Fund ageExpense ratio
Mahindra Manulife Balanced Advantage FundN.A.₹864 Crs3 yrs 5 m0.56%
Tata Balanced Advantage FundN.A.₹10,075 Crs6 yrs 4 m0.42%
ICICI Prudential Balanced Advantage FundN.A.₹62,528 Crs12 yrs 5 m0.85%
Franklin India Dynamic Asset Allocation FoFN.A.₹1,301 Crs12 yrs 5 m1.09%
Nippon India Balanced Advantage FundN.A.₹9,049 Crs12 yrs 5 m0.55%
Axis Balanced Advantage FundN.A.₹2,935 Crs7 yrs 10 m0.75%
Fund name1M6M1Y3Y5Y10Y
Mahindra Manulife Balanced Advantage Fund3.14%0.45%9.8%15.64%N.A.N.A.
Tata Balanced Advantage Fund1.86%0.75%6.95%13.77%15.75%8.38%
ICICI Prudential Balanced Advantage Fund1.91%4.23%11.22%14.76%16.55%12.2%
Franklin India Dynamic Asset Allocation FoF2.13%2.2%10.13%16.38%20.68%11.54%
Nippon India Balanced Advantage Fund1.94%1.56%9.91%15.15%16.61%11.51%
Axis Balanced Advantage Fund1.49%1.75%12.68%16.69%15.62%8.7%
Fund nameStd. deviationBetaSharpeSortino
Mahindra Manulife Balanced Advantage Fund8.70.791.01.54
Tata Balanced Advantage Fund7.080.680.951.51
ICICI Prudential Balanced Advantage Fund5.770.541.292.02
Franklin India Dynamic Asset Allocation FoF7.140.661.251.83
Nippon India Balanced Advantage Fund7.420.711.081.64
Axis Balanced Advantage Fund8.040.751.171.86

Key risk & return ratios Compared to other funds in the category

Alpha 2.39 vs. 3.8 Underperformed at beating benchmark
Sharpe 1.0 vs. 3.6 Poor risk-adjusted returns
Beta 0.79 vs. 0.79 More sensitive to market's ups & downs
Standard deviation 8.7 vs. 5.77 More volatile performance

Compare Mahindra Manulife Balanced Advantage Fund in detail with

ET Money rank

in Dynamic Asset Allocation
#NA
Ranking for this fund is unavailable.
  • Return Outperformance: This fund has generated highest return amongst Dynamic Asset Allocation funds in the last 3 Years.
  • Return/Risk: The fund is performing poorly than its category.
  • Exit Load: Exit load for units in excess of 10% of the investment 1% will be charged for redemption within 3 months.