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Mahindra Manulife Balanced Advantage Fund - Direct Plan
Regular
Direct
3 Year Absolute Returns
18.56% ↑
NAV (₹) on 18 May 2026
12.40
1 Day NAV Change
-0.14%
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
₹ 887 Cr.
Benchmark
Nifty 50 Hybrid Composite Debt 50: 50 Index TRI
Expense Ratio
1.75%
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
₹ 887 Cr
Equity
276%
Debt
86.39%
Money Market & Cash
22.45%
Derivatives & Other Instruments
0.08%
Other Assets & Liabilities
18.88%
Sector Holdings
| Sectors | Weightage |
|---|---|
| Debt | 14.56% |
| Finance - Banks - Private Sector | 12.39% |
| Pharmaceuticals | 5.27% |
| Finance - Banks - Public Sector | 4.78% |
| Government Securities | 3.80% |
| Finance & Investments | 3.52% |
| Treps/Reverse Repo | 3.45% |
| Hospitals & Medical Services | 2.94% |
| Non-Banking Financial Company (NBFC) | 2.71% |
| Refineries | 2.66% |
| IT Consulting & Software | 2.64% |
| Telecom Services | 2.51% |
| Auto - Cars & Jeeps | 2.40% |
| Net Receivables/(Payables) | 1.99% |
| Steel - Sponge Iron | 1.93% |
| Telecom Equipment | 1.89% |
| Aerospace & Defense | 1.79% |
| Finance - Mutual Funds | 1.75% |
| Mining/Minerals | 1.72% |
| Logistics - Warehousing/Supply Chain/Others | 1.72% |
| Commercial Paper | 1.68% |
| E-Commerce/E-Retail | 1.68% |
| Cement | 1.65% |
| Construction, Contracting & Engineering | 1.42% |
| Engineering - Heavy | 1.39% |
| Certificate of Deposits | 1.36% |
| Gems, Jewellery & Precious Metals | 1.31% |
| Retail - Speciality - Non Apparel | 1.22% |
| Oil Drilling And Exploration | 1.14% |
| Power - Transmission/Equipment | 1.04% |
| Auto - 2 & 3 Wheelers | 0.90% |
| Exchange Platform | 0.90% |
| Retail - Departmental Stores | 0.88% |
| Chemicals - Others | 0.74% |
| Auto Ancl - Engine Parts | 0.73% |
| LPG/CNG/PNG/LNG Bottling/Distribution | 0.71% |
| Realty | 0.70% |
| Beverages & Distilleries | 0.66% |
| Power - Generation/Distribution | 0.62% |
| Engines | 0.59% |
| Services - Others | 0.52% |
| Finance - Non Life Insurance | 0.52% |
| Food Processing & Packaging | 0.48% |
| Cables - Power/Others | 0.41% |
| Textiles - Readymade Apparels | 0.25% |
| Derivatives | 0.08% |
Stock Holdings
| Name | Weightage | Value (in Cr.) | Sector |
|---|---|---|---|
| Triparty Repo | 3.45% | ₹ 30.56 | Others |
| ICICI Bank Limited | 3.20% | ₹ 28.43 | Finance - Banks - Private Sector |
| 8.52% Muthoot Finance Limited 2028 | 2.83% | ₹ 25.08 | Others |
| 7.53% National Bank For Agriculture and Rural Development 2028 | 2.82% | ₹ 24.97 | Others |
| Reliance Industries Limited | 2.66% | ₹ 23.61 | Refineries |
| State Bank of India | 2.59% | ₹ 22.97 | Finance - Banks - Public Sector |
| HDFC Bank Limited | 2.58% | ₹ 22.92 | Finance - Banks - Private Sector |
| Bharti Airtel Limited | 2.51% | ₹ 22.26 | Telecom Services |
| 6.68% Government of India 2040 | 2.18% | ₹ 19.33 | Others |
| Axis Bank Limited | 2.14% | ₹ 19.02 | Finance - Banks - Private Sector |
| IndusInd Bank Limited | 2.13% | ₹ 18.87 | Finance - Banks - Private Sector |
| Net Receivables / (Payables) | 1.99% | ₹ 17.69 | Others |
| Jindal Steel Limited | 1.93% | ₹ 17.10 | Steel - Sponge Iron |
| Indus Towers Limited | 1.89% | ₹ 16.81 | Telecom Equipment |
| Coal India Limited | 1.72% | ₹ 15.21 | Mining/Minerals |
| Eternal Limited | 1.68% | ₹ 14.95 | E-Commerce/E-Retail |
| UltraTech Cement Limited | 1.65% | ₹ 14.60 | Cement |
| Apollo Hospitals Enterprise Limited | 1.59% | ₹ 14.13 | Hospitals & Medical Services |
| Bajaj Finance Ltd | 1.56% | ₹ 13.83 | Non-Banking Financial Company (NBFC) |
| Larsen & Toubro Limited | 1.42% | ₹ 12.60 | Construction, Contracting & Engineering |
| Tech Mahindra Limited | 1.40% | ₹ 12.38 | IT Consulting & Software |
| Bharat Electronics Limited | 1.40% | ₹ 12.42 | Aerospace & Defense |
| Bharat Heavy Electricals Limited | 1.39% | ₹ 12.33 | Engineering - Heavy |
| Mahindra & Mahindra Limited | 1.38% | ₹ 12.27 | Auto - Cars & Jeeps |
| Laurus Labs Limited | 1.37% | ₹ 12.11 | Pharmaceuticals |
| HDFC Bank Limited 2026 | 1.36% | ₹ 12.03 | Others |
| The Federal Bank Limited | 1.36% | ₹ 12.05 | Finance - Banks - Private Sector |
| Glenmark Pharmaceuticals Limited | 1.36% | ₹ 12.03 | Pharmaceuticals |
| Fortis Healthcare Limited | 1.35% | ₹ 12 | Hospitals & Medical Services |
| Titan Company Limited | 1.31% | ₹ 11.62 | Gems, Jewellery & Precious Metals |
| Infosys Limited | 1.24% | ₹ 11 | IT Consulting & Software |
| Aditya Vision Ltd | 1.22% | ₹ 10.84 | Retail - Speciality - Non Apparel |
| Bank of Maharashtra | 1.18% | ₹ 10.48 | Finance - Banks - Public Sector |
| 8.75% Bharti Telecom Limited 2028 | 1.15% | ₹ 10.17 | Others |
| Oil & Natural Gas Corporation Limited | 1.14% | ₹ 10.12 | Oil Drilling And Exploration |
| 7.68% Small Industries Dev Bank of India 2027 | 1.13% | ₹ 10.02 | Others |
| 7.79% Small Industries Dev Bank of India 2027 | 1.13% | ₹ 10.03 | Others |
| 8.52% Muthoot Finance Limited 2028 | 1.13% | ₹ 10.03 | Others |
| Export Import Bank of India 2026 | 1.12% | ₹ 9.95 | Others |
| 6.9601% Mindspace Business Parks REIT 2028 | 1.11% | ₹ 9.80 | Others |
| 7.24% Government of India 2055 | 1.08% | ₹ 9.60 | Others |
| Senores Pharmaceuticals Limited | 1.08% | ₹ 9.62 | Pharmaceuticals |
| 6.98% State Government Securities 2037 | 1.06% | ₹ 9.44 | Finance & Investments |
| Power Grid Corporation of India Limited | 1.04% | ₹ 9.23 | Power - Transmission/Equipment |
| Divi's Laboratories Limited | 1.03% | ₹ 9.10 | Pharmaceuticals |
| Maruti Suzuki India Limited | 1.02% | ₹ 9.05 | Auto - Cars & Jeeps |
| Indian Bank | 1.01% | ₹ 8.94 | Finance - Banks - Public Sector |
| Delhivery Limited | 1.01% | ₹ 8.92 | Logistics - Warehousing/Supply Chain/Others |
| IDFC First Bank Limited | 0.98% | ₹ 8.71 | Finance - Banks - Private Sector |
| Aditya Birla Sun Life AMC Limited | 0.92% | ₹ 8.12 | Finance - Mutual Funds |
| Aditya Birla Capital Limited | 0.90% | ₹ 7.95 | Finance & Investments |
| Multi Commodity Exchange of India Limited | 0.90% | ₹ 8.02 | Exchange Platform |
| Bajaj Auto Limited | 0.90% | ₹ 8 | Auto - 2 & 3 Wheelers |
| Vishal Mega Mart Limited | 0.88% | ₹ 7.78 | Retail - Departmental Stores |
| HDFC Asset Management Company Limited | 0.83% | ₹ 7.32 | Finance - Mutual Funds |
| 8.3% JM Financial Services Limited 2027 | 0.78% | ₹ 6.93 | Others |
| L&T Finance Limited | 0.76% | ₹ 6.75 | Non-Banking Financial Company (NBFC) |
| SRF Limited | 0.74% | ₹ 6.55 | Chemicals - Others |
| Bosch Limited | 0.73% | ₹ 6.48 | Auto Ancl - Engine Parts |
| Mahanagar Gas Limited | 0.71% | ₹ 6.33 | LPG/CNG/PNG/LNG Bottling/Distribution |
| Black Buck Ltd | 0.71% | ₹ 6.30 | Logistics - Warehousing/Supply Chain/Others |
| The Phoenix Mills Limited | 0.70% | ₹ 6.18 | Realty |
| Radico Khaitan Limited | 0.66% | ₹ 5.82 | Beverages & Distilleries |
| JSW Energy Limited | 0.62% | ₹ 5.50 | Power - Generation/Distribution |
| Cummins India Limited | 0.59% | ₹ 5.27 | Engines |
| 8.85% TVS Credit Services Limited 2027 | 0.57% | ₹ 5.03 | Others |
| 7.62% National Bank For Agriculture and Rural Development 2029 | 0.56% | ₹ 4.99 | Others |
| Small Industries Dev Bank of India 2026 | 0.56% | ₹ 4.97 | Others |
| 7.73% Embassy Office Parks REIT 2029 | 0.56% | ₹ 5 | Others |
| 7.2% State Government Securities 2036 | 0.55% | ₹ 4.84 | Finance & Investments |
| 6.48% Government of India 2035 | 0.54% | ₹ 4.81 | Others |
| 7.25% State Government Securities 2037 | 0.54% | ₹ 4.81 | Finance & Investments |
| ICICI Lombard General Insurance Company Limited | 0.52% | ₹ 4.58 | Finance - Non Life Insurance |
| CRISIL Limited | 0.52% | ₹ 4.59 | Services - Others |
| Britannia Industries Limited | 0.48% | ₹ 4.29 | Food Processing & Packaging |
| Max Financial Services Limited | 0.47% | ₹ 4.20 | Finance & Investments |
| Torrent Pharmaceuticals Limited | 0.43% | ₹ 3.85 | Pharmaceuticals |
| Polycab India Limited | 0.41% | ₹ 3.65 | Cables - Power/Others |
| IIFL Finance Limited | 0.39% | ₹ 3.47 | Non-Banking Financial Company (NBFC) |
| Hindustan Aeronautics Limited | 0.39% | ₹ 3.47 | Aerospace & Defense |
| 7.48% National Bank For Agriculture and Rural Development 2028 | 0.28% | ₹ 2.49 | Others |
| Arvind Fashions Limited | 0.25% | ₹ 2.21 | Textiles - Readymade Apparels |
| 7.58% National Bank For Agriculture and Rural Development 2026 | 0.23% | ₹ 2 | Others |
| 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 | -5.01% | -3.82% | -1.26% | 5.84% |
| Category returns | 2.15% | 3.45% | 10.66% | 26.01% |
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
mfinvestors@mahindra.com
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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 ₹12.40 as of 18 May 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 ₹887.00 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 -3.82% (1 Year), 5.84% (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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