NAV on (22 Apr 2026 )
₹15.55 ▼
(-0.45%)
Fund Size
₹833.19 Crores
1Y Returns
4.78 %
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.
Mahindra Manulife Investment Management Pvt. Ltd.
Launch Date
December 9, 2021
Fund Manager
Mr. Neelesh Dhamnaskar
Initial Price
10
AUM Fund
833.19 Cr
Min investment
Rs 1000
Expense Ratio
0.68%
Weekly - Rs. 500/- and in multiple of Re.1/- thereafter. Minimum installments 6.Monthly - Rs. 500/- and in multiple of Re.1/- thereafter. Minimum installments 6.
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. Any redemption in excess of the above limit shall be subject to the following exit load:An Exit Load of 1.00 % 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. Redemption /Switch-Out of Units would be done on First in First out Basis (FIFO).
1 Month
+4.87%
6 Months
-1.08%
1 Year
+4.78%
2 Years (CAGR)
+6.69%
3 Years (CAGR)
+15.16%
5 Years (CAGR)
NA
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 126.76% | 126.76% | ₹3700.53 | |
| 126.42% | 126.42% | ₹3700.53 | |
| 126.26% | 126.26% | ₹3700.53 | |
| 126.25% | 126.25% | ₹3700.53 | |
| 126.21% | 126.21% | ₹3700.53 |
Q: What is the current NAV of Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth?
A: The latest NAV of Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth is ₹ 15.55 as on 22 Apr 2026.
Q: What type of mutual fund is Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth?
A: Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth is a 'Hybrid - Equity Oriented' type mutual fund managed by 'Mahindra Manulife Investment Management Pvt. Ltd.'.
Q: What is the expense ratio of Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth?
A: The expense ratio of Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth is 0.68%, which impacts overall returns.
Q: Who manages Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth?
A: Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth is managed by Mr. Neelesh Dhamnaskar, who oversees investment strategy and portfolio decisions.
Q: Is Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth a good investment?
A: Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth?
A: The exit load of Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth is 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. Any redemption in excess of the above limit shall be subject to the following exit load:An Exit Load of 1.00 % 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. Redemption /Switch-Out of Units would be done on First in First out Basis (FIFO)., applicable if redeemed within the specified period.
Q: How is Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
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