Mahindra Manulife Mutual Fundimage

Mahindra Manulife Balanced Advantage Fund

HybridDynamic Asset Allocation/Balanced AdvantageGrowthIDCWIDCW-Reinvestment

Fund Overview

NAV (19 Nov 24)

₹ 13.87

AUM (in Cr)

₹ 890.15

1 Year CAGR

% 20.38

Risk Level 

Very High

Fund Performance

Name
1 Month%
3 Month%
6 Month%
1 Year%
3 Year%
5 Year%
Mahindra Manulife Balanced Advantage Fund
-2.38
-1.62
5.43
20.38
0.00
0.00
Nifty 50 Hybrid Composite Debt 50:50 Index
-2.43
-1.35
5.16
15.03
8.78
11.86
Dynamic Asset Allocation/Balanced Advantage
1.76
6.29
11.30
25.75
13.40
14.83

Note:  The Benchmark adopted by the AMC may be different from the one indicated above. Information available here is on the basis of internal data, publicly available information and other sources believed to be reliable, produced for information purpose only and should not be construed as investment advice to any party.

Scheme Information

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.

Expense Ratio
% 2.21
Benchmark
Nifty 50 Hybrid Composite Debt 50:50 Index
AUM
₹ 890.15
Inception Date
09 Dec 2021
Turnover Ratio
% 302.00
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).
Asset Class
Hybrid
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Mahindra Manulife Mutual Fund

Total AUM

₹ 28150.34

No. of Schemes under this AMC

25

Phone

66327900

Email

mfinvestors@mahindra.com

Incorporation Date

2/4/2016

Address

1st Floor, Sadhana House,, Behind Mahindra Tower,, 570 P. B. Marg,

Mumbai - 400018

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Mahindra Manulife Mutual Fundimage

Mahindra Manulife Balanced Advantage Fund

HybridDynamic Asset Allocation/Balanced Advantage
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