Mahindra Manulife Balanced Advantage Fund
Get the latest NAV of Mahindra Manulife Balanced Advantage Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹14.93
▲0.4%1D
NAV as on 17 Mar 2026
9.86%/per year
Since Inception
▲▼
65 people have invested ₹ 95.8K in Mahindra Manulife Balanced Advantage Fund in the last three months
Mahindra Manulife Balanced Advantage Fund Performance vs. Dynamic Asset Allocation Index
Fund returns vs Benchmark returns vs Category Average returns as on (17-Mar-26)
The fund has outperformed the benchmark (Dynamic Asset Allocation Index) over 1Y, 3Y, but underperformed over 5Y.
Peer comparison
Mahindra Manulife Balanced Advantage Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Mahindra Manulife Balanced Advantage Fund Asset Allocation
See fund asset allocation details as on (14-Mar-26)
Fund Distribution
as on (14-Mar-26)
Mahindra Manulife Balanced Advantage Fund Sector Allocation
See fund sector allocation details as on (14-Mar-26)
Sector Allocation
Top 3 Sectors in February were Government, Financial Services & Corporate
Financial Services
39%
Corporate
35%
Government
34%
Government
37%
Financial Services
37%
Corporate
36%
Mahindra Manulife Balanced Advantage Fund Holdings Details
as on (28-Feb-26)
Mahindra Manulife Balanced Advantage Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.64% |
Benchmark | Nifty 50 Hybrid Comp Debt 50:50 TR INR |
| AUM | ₹912 Cr |
| Inception Date | 30 December, 2021 |
| Min Lumpsum/SIP | ₹1,000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 309.13% |
| Risk |   Very High Risk |
About Mahindra Manulife Balanced Advantage Fund
Mahindra Manulife Balanced Advantage Fund is a hybrid fund. This fund was started on 30 December, 2021. The fund is managed by Rahul Pal, Fatema Pacha, Neelesh Dhamnaskar, Amit Garg. This fund gives you the benefit of diversification.
Key Parameters
- Mahindra Manulife Balanced Advantage Fund has ₹912 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
Mahindra Manulife Balanced Advantage Fund has given a CAGR return of 9.86% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 7.28% and 13.80% respectively.
Holdings
Mahindra Manulife Balanced Advantage Fund has allocated its funds majorly in Financial Services, Corporate, Government, Cash Equivalent, Health, Basic Materials, Industrial, Consumer Cyclical, Communication, Tech, Energy, Utilities, Real Estate, Consumer Defensive.
Taxation
As it is a dynamic asset allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Mahindra Manulife Balanced Advantage Fund
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Mahindra Manulife Balanced Advantage Fund has no lock in period.
Fund Manager
Rahul Pal
Fund Manager of Mahindra Manulife Balanced Advantage Fund, since 30 December 2021
Fatema Pacha
Fund Manager of Mahindra Manulife Balanced Advantage Fund, since 30 December 2021
Neelesh Dhamnaskar
Fund Manager of Mahindra Manulife Balanced Advantage Fund, since 16 February 2026
Amit Garg
Fund Manager of Mahindra Manulife Balanced Advantage Fund, since 1 January 2026
- AUM of the fund stands at 912.3 Cr as of Feb'26
- AUM decreased by 0.5 Cr between Feb'26 and Jan'26
Frequently Asked Questions for Mahindra Manulife Balanced Advantage Fund
How do I invest in Mahindra Manulife Balanced Advantage Fund?
- Download the INDmoney app.
- Search for ‘Mahindra Manulife Balanced Advantage Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.