e.g. Tata motors, Reliance MF, 500570

Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth

Hybrid Equity Oriented Very High

NAV on (12 Dec 2025 )

₹15.64

(+0.65%)

Fund Size

₹934.52 Crores

1Y Returns

3.43 %

 

Earn 1% Higher Returns on Direct Funds

Invest  Top Funds

 

Investment 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 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.

AMC

Mahindra Manulife Investment Management Pvt. Ltd.

Fund Details

Launch Date

December 9, 2021

Fund Manager

Mr. Manish Lodha

Initial Price

10

AUM Fund

934.52 Cr

Min investment

Rs 1000

Expense Ratio

0.53%

SIP Minimum Investment

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.

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. 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

-1.13%

6 Months

+2.48%

1 Year

+3.43%

2 Years

+12.01%

3 Years

+13.91%

5 Years

NA

Address
Unit No.204,2nd Floor,Amiti Building,Piramal Agastya Corp.ParkLBS Road Kamani Junction,Kurla (W), Mumbai Maharashtra India 400070
Phone
+91 22 66327900
Fax
+91 22 66327932
Launch Date
December 9, 2021
Custodian
M/s Deutsche Bank AG
Registrar & Transfer Agent
Computer Age Management Services Pvt. Ltd.
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