Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 12.7 as on 23-04-2024
Fund Performance
About the Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 30 December, 2021. The fund is managed by Fatema Pacha, Rahul Pal, Manish Lodha. This fund gives you the benefit of diversification.
Key Parameters
- Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹703 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.61% |
 Benchmark | Nifty 50 Hybrid Comp Debt 50:50 TR INR |
 | ₹703 Cr |
 | 30 December, 2021 |
 | ₹1000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 295% |
Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
44.2%
Mid cap
11.3%
Small cap
9.7%
Sector Allocation
Energy
20%
Financial Services
19.4%
Industrial
12.1%
Utilities
11.2%
Consumer Cyclical
9.9%
Tech
9.1%
Health
6.8%
Consumer Defensive
4.2%
Communication
3.8%
Basic Materials
3.4%
Top Holdings of Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl as on (31-Mar-24)
Equity Holdings50
Debt Holdings14
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Reliance Industries Ltd | 5.03% | 60.8% | |
 Coal India Ltd | 4.29% | 0% | |
 NTPC Ltd | 3.75% | -6% | |
 Canara Bank | 3.51% | 0% | |
 Larsen & Toubro Ltd | 2.95% | 0% |
See all
Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 702.8 Cr as of Mar'24
- AUM increased by 7.3 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Fatema Pacha
Fund Manager of Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 30 December 2021
Top funds managed
Rahul Pal
Fund Manager of Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 30 December 2021
Top funds managed
Manish Lodha
Fund Manager of Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 30 December 2021
Top funds managed
Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 10.8% since inception which is less than its category average return of 11.62%
Fund Allocations
This fund has an allocation of 60.17% in Equity, 18.58% in Debt and 21.25% in Cash related instruments
AUM size ₹703 Cr
This fund has AUM of ₹703 Cr which is less than its category average of ₹ 8144 Cr
Expense Ratio 0.61%
This fund has an expense ratio of 0.61% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹12.7 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 2.36% | 2.36% |
6 Month Returns | 10.69% | 10.69% |
1 Year Returns | 24.51% | 24.51% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.61% as on March 2024
₹703 Cr as on March 2024
Reliance Industries Ltd(5.03%), 7.18% Govt Stock 2033(4.45%), Coal India Ltd(4.29%), NTPC Ltd(3.75%), Canara Bank(3.51%) as on March 2024
Government(19.97%), Cash Equivalent(14.05%), Energy(12.04%) as on March 2024
AAA | 95.03 |
AA | 4.97 |
Fatema Pacha, Rahul Pal, Manish Lodha are the fund managers of Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 1%