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Mahindra Manulife Balanced Advantage Fund-Dir (IDCW)

Dynamic Asset Allocation or Balanced Advantage • OPEN
NAV as of May 19, 2026
₹15.36
1 day change
Returns since inception
10.28%
CAGR
AUM (Fund size)
₹887 Cr
NAV: ₹ 15.36
as on May 19, 2026
Mahindra Manulife Balanced Advantage Fund-Dir (IDCW)

Mahindra Manulife Balanced Advantage Fund-Dir (IDCW) Overview

AUM (Fund size) ₹ 887 Cr
Expense ratio 1.75 %
Exit load 10% of the units allotted shall be redeemed without any exit load, on or before completion of 3 months from the date of allotment of Units. An exit load of 1% is payable if Units are redeemed / switched-out on or before completion of 3 months from the date of allotment of Units; Nil - If Units are redeemed / switched-out after completion of 3 months from the date of allotment of Units.
Plan type Direct Fund
Risk Moderately High
Lock-in Period Nil
Benchmark Nifty 50 Hybrid Composite Debt 50:50 Index
Min. investment SIP: ₹500    Lumpsum: ₹1,000
Age 4 yrs 5 m since Dec 09, 2021
Tax implication STCG Tax: As per your Income Tax Slab, if redeemed before 3 Years, LTCG Tax: 20% with indexation benefitu00a0 post 3 Years

Holdings Distribution

Debt
24.93%
Banks
16.59%
Pharmaceuticals & Biotech
5.55%
Telecom-Services
5.08%
Cash & Others
3.89%

Top Holdings

Net CA & Others 3.89%
ICICI Bank 3.26%
Indus Towers 3.11%
Muthoot Finance 3.01%
N A B A R D 3.00%
JSW Steel 2.70%
UltraTech Cem. 2.66%
Reliance Industr 2.66%
HDFC Bank 2.61%
SBI 2.53%

Peer Comparison

Fund Name 1Y 3Y 5Y
Mahindra Manulife Balanced Advantage Fund-Dir (IDCW) 2.95% 13.41% N/A
Capitalmind Multi Asset Allocation Fund-Dir (G) N/A N/A N/A
Capitalmind Multi Asset Allocation Fund-Dir (IDCW) N/A N/A N/A
Helios Arbitrage Fund - Regular (G) N/A N/A N/A
Helios Arbitrage Fund - Regular (IDCW) N/A N/A N/A
Helios Arbitrage Fund - Direct (G) N/A N/A N/A

Scheme Information

Mahindra Manulife Balanced Advantage Fund-Dir (IDCW) was launched on 09/12/2021. The fund manages ₹887 Cr in assets. Its current expense ratio is 1.75%.

Fund Manager: Fatema Pacha

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FAQs on Mahindra Manulife Balanced Advantage Fund-Dir (IDCW)

The current expense ratio of Mahindra Manulife Balanced Advantage Fund-Dir (IDCW) is 1.75%.

The AUM of Mahindra Manulife Balanced Advantage Fund-Dir (IDCW) is ₹887 crore.

Log in to your investment platform, select the fund, enter units or amount, and confirm the redemption request.

Yes, Mahindra Manulife Balanced Advantage Fund-Dir (IDCW) allows both SIP and lump sum investments.

The latest NAV is ₹15.36.

Minimum SIP starts from ₹500.

Redemption can be done via AMC website or your investment platform.

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