Mahindra Manulife Balanced Advantage Fund-Dir (G) logo

Mahindra Manulife Balanced Advantage Fund Direct Growth

Hybrid |

Dynamic Asset Allocation or Balanced Advantage

NAV ₹15.86 as on 17 Nov 2025

RiskModerately High

Fund Size₹940.44Cr

NAV₹15.86 as on 17 Nov 2025
RiskModerately High
Fund Size₹940.44Cr

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Investment Details
Top Rated Funds

Lock-in

No Lock-in

Min One Time Amount

₹1,000

Min Withdrawal Amount

₹-

Min SIP Amount

₹500

Min Additional Amount

₹1,000

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. An exit load of 1% 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.

Basic Details

Age

3 years 11 months (Since Dec 30, 2021)

Return since Launch

12.60%

Expense ratio

0.53%

Type

OPEN

AUM (Fund Size)

₹940.44

Risk Grade

Moderately High

Benchmark

Nifty 50 Hybrid Composite Debt 50:50 Index

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Returns
Total investment of ₹2,40,000
Would have become ₹61,949 (+209.74%)
Fund Manager

Name:

Manish Lodha

Experience:

Mr. Manish Lodha is a Chartered Accountant and a Company Secretary. He has over 23 years of work experience of which around 14 years have been in the Mutual Fund Industry, 4 years in Life Insurance Industry in the field of equity research and fund management. Prior to joining MMIMPL, he was associated with Canara HSBC OBC Life Insurance Co Ltd, Kotak Mahindra Mutual Fund. In these roles, he was responsible for Portfolio Management, Equity Research. He has also held various positions in Finance function during his association with BOC India Ltd (Now Linde India Ltd.).

Asset Allocation

TREPS 6.08%

N A B A R D 5.42%

Net CA & Others 3.96%

Muthoot Finance 2.69%

Nirma 2.65%

S I D B I 2.16%

GSEC2040 6.68 2.14%

GSEC2035 2.04%

Bharti Telecom 1.10%

TBILL-364D 1.06%

Indian Bank 1.03%

Power Fin.Corpn. 0.96%

GSEC2055 7.24 0.96%

TVS Credit Serv. 0.54%

LIC Housing Fin. 0.54%

Embassy Off.REIT 0.54%

SBI Cards 0.53%

REC Ltd -0.87%

Bajaj Finance -1.26%

See All
Scheme Holding Summary

Debt Others

National Bank for Agriculture & Rural Development

5.42%

Nirma Ltd

2.65%

Small Industries Development Bank of India Ltd

2.16%

Bharti Telecom Ltd

1.10%

TVS Credit Services Ltd

0.54%

REC Ltd

-0.87%

Steel

Cement

Banks

Telecom Equipment & Infra Services

Govt. Securities

Refineries

Pharmaceuticals

Telecom-Service

Consumer Durables

Healthcare

Finance

REC Ltd

0.86%

Realty

DLF Ltd

1.37%

IT - Software

Wipro Ltd

0.67%

Retail

Automobile

Stock/ Commodity Brokers

Aerospace & Defence

Mining & Mineral products

T Bills

Capital Goods - Electrical Equipment

Engineering

FMCG

Chemicals

SRF Ltd

0.81%

Ceramic Products

Gas Distribution

Auto Ancillaries

Bosch Ltd

0.71%

Credit Rating Agencies

Power Generation & Distribution

Insurance

Cables

Capital Goods-Non Electrical Equipment

Trading

Miscellaneous

See All
RiskometerLevel of risk in the scheme
Moderate
High
Low
Very
High

Your investment will be at Moderately High Risk

Fund house & investment objective
Rank (total assets)#24 in India
Total AUM₹31,672.68Cr
Date of Incorporation04 Feb 2016
Mahindra Manulife Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Mahindra Manulife Mutual Fund. This scheme was made available to investors on 30 Dec 2021. The fund currently has an Asset Under Management(AUM) of ₹31,672.68 Cr and the Latest NAV as of 17 Nov 2025 is ₹15.86.
The Mahindra Manulife Balanced Advantage Fund Direct Growth is rated Moderately High. Minimum SIP Investment is set to ₹500 . Minimum Lumpsum Investment is ₹1,000. Exit load of 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. An exit load of 1% 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..
...Read more
Returns and Rankings

Category: Hybrid Dynamic Asset Allocation or Balanced Advantage

1Y3Y5YAll
Fund returns8.83%4.65%-4.04%
Category average7.19%4.03%2.38%-
Rank within category21620-

FAQ’s

What kind of returns does Mahindra Manulife Balanced Advantage Fund Direct Growth provide?

Mahindra Manulife Balanced Advantage Fund Direct Growth has given a return of 14.62% in the past 3 years.

What is the expense ratio charged by Mahindra Manulife Balanced Advantage Fund Direct Growth?

The Expense Ratio charged by Mahindra Manulife Balanced Advantage Fund Direct Growth is 0.53%.

What is the AUM size of Mahindra Manulife Balanced Advantage Fund Direct Growth?

The AUM size of Mahindra Manulife Balanced Advantage Fund Direct Growth is ₹940.44Cr.

What is the minimum SIP amount that you can invest in Mahindra Manulife Balanced Advantage Fund Direct Growth?

₹500 is the minimum SIP amount that you can invest in Mahindra Manulife Balanced Advantage Fund Direct Growth .

What are the top stock holdings of Mahindra Manulife Balanced Advantage Fund Direct Growth?

The top stock holdings of Mahindra Manulife Balanced Advantage Fund Direct Growth include , National Bank for Agriculture & Rural Development and Muthoot Finance Ltd.

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Get started with us today and
start building your wealth journey

*By clicking, I agree to the T&C and Whatsapp updates.