Mahindra Manulife Balanced Advantage Yojana Direct Growth
Mahindra Manulife Balanced Advantage Yojana Direct Growth

Mahindra Manulife Balanced Advantage Yojana Direct Growth

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Hybrid
Direct
Dynamic Asset Allocation

NAV: ₹ 10.2 as on 03-02-2023

Fund Performance
zero opening, trading, fund transfer fee
103 people have invested ₹ 1.1L in mutual fund in the last three months

Fund Insights

Insights icon

In the last 1 year, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 13.11% return, outperforming this fund by 10.62%

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
This Fund
-2.7%
-1.9%
2%
2.5%
Benchmark
-0.9%
-0.3%
2.6%
3.6%
About the Fund

Mahindra Manulife Balanced Advantage Yojana Direct Growth is a hybrid fund. This fund was started on  30 December, 2021. The fund is managed by Rahul Pal, Fatema Pacha, Manish Lodha. This fund gives you the benefit of diversification.

Key parameters

1) Mahindra Manulife Balanced Advantage Yojana Direct Growth has a NAV of 10.2497 as on 03-02-2023.

2) Mahindra Manulife Balanced Advantage Yojana Direct Growth has 669 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 0.43 %.

Fund Overview

Expense ratio
Expense ratio
0.43%
Benchmark
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR
AUM
AUM
₹669 Cr
Inception Date
Inception Date
30 December, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹1000/₹500
Exit Load
Exit Load
0.5%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
354.92%

Fund Distribution as on (31-Dec-22)

  • Equity 60.1%
  • Debt & Cash 39.9%
Size breakup
Large cap
46.4%
Mid cap
15%
Small cap
8.1%

Sector Allocation

Dec'22

Nov'22

Oct'22

Financial Services

31.1%

Tech

14.2%

Basic Materials

13.9%

Industrial

12.6%

Consumer Cyclical

8%

Health

6.9%

Communication

3.5%

Consumer Defensive

3.3%

Energy

3.3%

Real Estate

1.8%

Utilities

1.3%

Top Holdings as on (31-Dec-69)

  • Equity
  • Debt & Cash
Equity Holdings54
Debt Holdings13

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 10.4 Cr in last 1M

Change in AUM

Dec'22
₹ 669.2 Cr
Nov'22
₹ 679.6 Cr
Oct'22
₹ 681.9 Cr

Fund Returns vs Benchmark

Dec'22
-0.78%
-1.39%
Nov'22
2.77%
2.56%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
65
62
60
Top 5 Company Concentration
20.6%
23.1%
21.8%
Company having highest exposure
Infosys Ltd (5.7%)
Infosys Ltd (6.7%)
Infosys Ltd (6.3%)
No of Sectors
14
13
13
Top 5 Sectors Concentration
74%
74.2%
74.8%
Sector having highest exposure
Cash Equivalent (21.1%)
Cash Equivalent (19.6%)
Government (21.5%)

Fund Manager

Rahul Pal

Rahul Pal

Fund Manager of Mahindra Manulife Balanced Advantage Yojana Direct Growth, since 30 December 2021
Fatema Pacha

Fatema Pacha

Fund Manager of Mahindra Manulife Balanced Advantage Yojana Direct Growth, since 30 December 2021
Manish Lodha

Manish Lodha

Fund Manager of Mahindra Manulife Balanced Advantage Yojana Direct Growth, since 30 December 2021

AMC details

Fund House
Mahindra Manulife Investment Management Pvt. Ltd.
Total AUM
₹9.28K Cr
as on 31-Dec-2022
Address
1st Floor, Sadhana House, Behind Mahindra Tower,570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Email
mfinvestors@mahindra.com

Fund Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 2.28% since inception which is less than its category average return of 8.72%
Fund Allocations

Fund Allocations

This fund has an allocation of 60.08% in Equity, 18.07% in Debt and 21.86% in Cash related instruments
AUM size ₹669 Cr

AUM size ₹669 Cr

This fund has AUM of ₹669 Cr which is less than its category average of ₹ 7592 Cr
Expense Ratio 0.43%

Expense Ratio 0.43%

This fund has an expense ratio of 0.43% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of Mahindra Manulife Balanced Advantage Yojana Direct Growth is 10.25 as on 03-Feb-2023.
Existing (Absolute + CAGR)
Mahindra Manulife Balanced Advantage Yojana Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-2.73%
-2.73%
6 Month Returns
1.97%
1.97%
1 Year Returns
2.49%
2.49%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.43 as on January 2023
669 Cr as on January 2023
Infosys Ltd(5.68%),ICICI Bank Ltd(4.21%),Ambuja Cements Ltd(4.02%),State Bank of India(3.96%),IndusInd Bank Ltd(2.74%) as on January 2023
Cash Equivalent(21.14%),Financial Services(18.67%),Government(17.28%) as on January 2023
AAA
100
Rahul Pal,Fatema Pacha,Manish Lodha are the fund managers of Mahindra Manulife Balanced Advantage Yojana Direct Growth
The Exit load of Mahindra Manulife Balanced Advantage Yojana Direct Growth is 0.5%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.