MAHINDRA MANULIFE BALANCED ADVANTAGE FUND
(An open ended dynamic asset allocation fund)
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| Data as on 27th February 2026 | ||||
| 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. |
| Fund Features |
Optimal asset allocation at regular intervals. Aims to capture the optimum mix between Equity and Debt across market cycles. With flexibility to invest upto 100% in equity & debt, the Scheme may be suitable for volatile market conditions. Endeavours to provide tax efficiency* *Though the scheme is a dynamic asset allocation scheme, the endeavour will be to invest a minimum of 65% of its net assets in equity and equity related instruments which may help in attracting equity taxation as per prevailing tax laws. |
| $Fund Manager and Experience |
Fund Manager (Equity): Mr. Neelesh Dhamnaskar Total Experience: 21 years Experience in managing this fund: 1 month (managing since February 16, 2026) Fund Manager (Equity): Ms. Fatema Pacha Total Experience: 18 years Experience in managing this fund: 4 Years and 2 months (managing since December 30, 2021) Fund Manager (Debt): Mr. Rahul Pal Total Experience: 22 years Experience in managing this fund: 4 Years and 2 months (Managing since December 30, 2021) Fund Manager (Debt): Mr. Amit Garg Total Experience: 19 years Experience in managing this fund: 2 months (Managing since January 01, 2026) |
| $Note: Pursuant to notice cum addendum no. 7/2026, Fund Manager of the scheme has been changed to Mr. Neelesh Dhamnaskar, Ms. Fatema Pacha, Mr. Rahul Pal and Mr. Amit Garg with effect from February 16, 2026. | |
| Date of allotment | December 30, 2021 |
| Benchmark | Nifty 50 Hybrid Composite Debt 50: 50 Index TRI |
| Options | Option: IDCW and Growth (D) D - Default |
| IDCW Sub-options: | IDCW Reinvestment (D) & IDCW Payout |
| Minimum Application Amount | Rs. 1,000/- and in multiples of Re.1/- thereafter |
| Minimum Additional Purchase Amount: | Rs. 1,000/- and in multiples of Re. 1/- thereafter |
| Minimum Redemption/Switch-Out Amount: | Rs. 1,000/- or 100 units or account balance, whichever is lower |
| SIP | Minimum Weekly & Monthly SIP Amount: Rs 500 and in multiples of Re 1 thereafter Minimum Weekly & Monthly SIP Installments: 6 |
| Monthly AAUM as on February 27, 2026 (Rs. in Cr.): | 917.13 |
| Monthly AUM as on February 27, 2026 (Rs. in Cr.): | 912.31 |
| Total Expense Ratio1 as on February 27, 2026: | Regular Plan: 2.22% Direct Plan: 0.64% 1Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Services Tax. |
| Load Structure: | Entry Load: N.A. 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% 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. |
| Annualised Portfolio YTM*2^: | 6.70%3 |
| Macaulay Duration^: | 2.76 years3 |
| Modified Duration^: | 2.63 years3 |
| Residual Maturity^: | 4.07 years3 |
| Portfolio Turnover Ratio (Last 1 year): | 1.55 |
| As on (Date) | February 27, 2026 |
| Standard Deviation | 8.23% |
| Beta | 1.13 |
| Sharpe Ratio# | 1.05 |
| Jenson's Alpha | 0.1746 |
| ^For debt component *In case of semi annual YTM, it will be annualised 2Yield to maturity should not be construed as minimum return offered by the scheme; #Risk-free rate assumed to be 5.17% (MIBOR as on 27-02-2026) Source: www.mmda.org Note: As per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns for last 3 years. Data as on February 27, 2026 3Calculated on amount invested in debt securities (including accrued interest), deployment of funds in TREPS and Reverse Repo and net receivable / payable. |
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| NAV/Unit | Regular Plan (In Rs.) |
Direct Plan (In Rs.) |
| IDCW | 12.3100 |
13.3641 |
| Growth | 14.5637 |
15.6734 |
| IDCW: Income Distribution cum Capital Withdrawal. Note: As February 28, 2026 was a non-business day, the NAV disclosed above is as on February 27, 2026. |
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| Company / Issuer | Rating | % of Net Assets* | % to NAV Derivatives | |
|---|---|---|---|---|
| Automobile And Auto Components | 3.97% | |||
| Mahindra & Mahindra Limited | 1.27% | |||
| Maruti Suzuki India Limited | 1.11% | |||
| Bajaj Auto Limited | 0.87% | |||
| Bosch Limited | 0.72% | |||
| Tata Motors Passenger Vehicles Limited | 0.00% | |||
| Capital Goods | 3.82% | |||
| Bharat Electronics Limited | 1.16% | |||
| Bharat Heavy Electricals Limited | 1.02% | |||
| Tega Industries Limited | 0.88% | |||
| Polycab India Limited | 0.42% | |||
| Hindustan Aeronautics Limited | 0.34% | |||
| ABB India Limited | 0.00% | |||
| Tata Motors Ltd | 0.00% | |||
| Chemicals | 0.73% | |||
| SRF Limited | 0.73% | |||
| Construction | 0.70% | |||
| Larsen & Toubro Limited | 0.70% | |||
| Construction Materials | 4.09% | |||
 | UltraTech Cement Limited | 2.86% | ||
| Grasim Industries Limited | 1.23% | |||
| Consumer Durables | 0.65% | |||
| Kajaria Ceramics Limited | 0.65% | |||
| Consumer Services | 1.81% | |||
| Aditya Vision Ltd | 1.05% | |||
| Vishal Mega Mart Limited | 0.52% | |||
| Arvind Fashions Limited | 0.24% | |||
| Fast Moving Consumer Goods | 0.15% | |||
| Dabur India Limited | 0.15% | |||
| Financial Services | 25.75% | -1.23% | ||
| ICICI Bank Limited | 3.40% | ||
| HDFC Bank Limited | 2.89% | ||
| State Bank of India | 2.83% | ||
| Axis Bank Limited | 2.28% | ||
| IndusInd Bank Limited | 2.16% | ||
| The Federal Bank Limited | 1.38% | |||
| Bajaj Finserv Limited | 1.35% | |||
| Bajaj Finance Limited | 1.28% | -1.23% | ||
| REC Limited | 1.19% | |||
| Indian Bank | 1.14% | |||
| Canara Bank | 1.09% | |||
| IDFC First Bank Limited | 1.01% | |||
| HDFC Asset Management Company Limited | 0.80% | |||
| Aditya Birla Sun Life AMC Limited | 0.78% | |||
| Cholamandalam Financial Holdings Limited | 0.58% | |||
| ICICI Lombard General Insurance Company Limited | 0.54% | |||
| CRISIL Limited | 0.51% | |||
| IIFL Finance Limited | 0.49% | |||
| ICICI Prudential Asset Management Company Limited | 0.05% | |||
| Healthcare | 8.21% | |||
| Apollo Hospitals Enterprise Limited | 1.59% | |||
| Glenmark Pharmaceuticals Limited | 1.41% | |||
| Fortis Healthcare Limited | 1.34% | |||
| Laurus Labs Limited | 1.30% | |||
| Divi's Laboratories Limited | 1.23% | |||
| Senores Pharmaceuticals Limited | 0.90% | |||
| Torrent Pharmaceuticals Limited | 0.44% | |||
| Information Technology | 3.37% | |||
| Infosys Limited | 1.33% | |||
| Tech Mahindra Limited | 1.25% | |||
| LTIMindtree Limited | 0.79% | |||
| Metals & Mining | 3.12% | |||
| JSW Steel Limited | 3.12% | ||
| Oil Gas & Consumable Fuels | 4.03% | |||
| Reliance Industries Limited | 2.06% | ||
| Coal India Limited | 1.23% | |||
| Mahanagar Gas Limited | 0.74% | |||
| Power | 0.52% | |||
| JSW Energy Limited | 0.52% | |||
| Realty | 0.87% | |||
| The Phoenix Mills Limited | 0.64% | |||
| Sri Lotus Developers and Realty Ltd. | 0.23% | |||
| Telecommunication | 4.74% | |||
| Indus Towers Limited | 3.09% | ||
| Bharti Airtel Limited | 1.65% | ||
| Equity and Equity Related Total | 66.53% | -1.23% | ||
| Corporate Bond | 15.61% | |||
| National Bank For Agriculture and Rural Development | ICRA AAA/CRISIL AA+ | 5.26% | ||
| Muthoot Finance Limited | CRISIL AA+ | 3.88% | ||
| Small Industries Dev Bank of India | CRISIL AAA | 2.21% | ||
| Bharti Telecom Limited | CRISIL AAA | 1.13% | ||
| Mindspace Business Parks REIT | ICRA AAA | 1.09% | ||
| JM Financial Services Limited | CRISIL AA | 0.76% | ||
| TVS Credit Services Limited | CRISIL AAA | 0.56% | ||
| Embassy Office Parks REIT | CRISIL AA+ | 0.56% | ||
| REC Limited | CRISIL AAA | 0.16% | ||
| Certificate of Deposit | 1.62% | |||
| HDFC Bank Limited | CRISIL A1+ | 1.30% | ||
| Bank of Baroda | FITCH A1+ | 0.32% | ||
| Commercial Paper | 1.09% | |||
| DSP Finance Private Limited | ICRA A1+ | 1.09% | ||
| Government Bond | 4.33% | |||
| 6.68% GOI (MD 07/07/2040) | SOV | 2.17% | ||
| 7.24% GOI (MD 18/08/2055) | SOV | 1.08% | ||
| 6.48% GOI (MD 06/10/2035) | SOV | 1.08% | ||
| State Government Bond | 2.14% | |||
| 6.98% Maharashtra SDL (MD 25/06/2037) | SOV | 1.06% | ||
| 7.25% Maharashtra SDL (MD 12/11/2037) | SOV | 0.54% | ||
| 7.2% Maharashtra SDL (MD 23/10/2036) | SOV | 0.54% | ||
| Cash & Other Receivables | 8.68% | |||
| Grand Total | 100.00% | |||
| *Hedged and Unhedged positions ( Top Ten Holdings - Issuer wise) as on February 27, 2026 | ||||
^Benchmark ^^Additional Benchmark. Inception/Allotment date: 30-Dec-21. CAGR - Compounded Annual Growth Rate. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments.
Since inception returns of the scheme is calculated on face value of Rs. 10 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and
Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Amit Garg is managing the scheme since January 01, 2026.
$Note: Pursuant to notice cum addendum no. 7/2026, Fund Manager of the scheme has been changed with effect from February 16, 2026.
For performance details of other schemes managed by the Fund Manager(s), please click here | Best Viewed in Landscape mode
^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 30-December-21.
Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments.
Returns greater than 1 year period are compounded annualized. For SIP returns, monthly investment of equal amounts invested on the 1st business day of every month has been considered. CAGR Returns (%) are
computed after accounting for the cash flow by using the XIRR method (investment internal rate of return).
For SIP Performance please click here | Best Viewed in Landscape mode
As per the latest Market Capitalisation data provided by AMFI (In line with the applicable SEBI guidelines)
Record Date |
Plan(s) / Option(s) |
IDCW |
Face Value |
Cum-IDCW NAV |
(Rs. per unit) |
(Rs. per unit) |
(Rs. per unit) |
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14-Mar-24 |
Regular IDCW |
1.00 |
10 |
13.1323 |
14-Mar-24 |
Direct IDCW |
1.00 |
10 |
13.6732 |
13-Mar-25 |
Regular IDCW |
1.00 |
10 |
12.1327 |
13-Mar-25 |
Direct IDCW |
1.00 |
10 |
12.8910 |
IDCW: Income Distribution cum Capital Withdrawal. |
Product Suitability |
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| This Product is Suitable for investors who are seeking* | |
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Scheme Riskometers |
Benchmark Riskometers |
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 As per AMFI Tier I Benchmark i.e. Nifty 50 Hybrid Composite Debt 50: 50 Index TRI |
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them. |
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