Mahindra Manulife
Balanced Advantage Fund


(An open ended dynamic asset allocation fund)



One Pager as on December 31, 2024

 
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.

  • Portfolio composition would have preference for growth style of investing with large cap bias.

  • Bottom-up approach would be adopted to identify companies that have ability to scale up, gain market share and/or are present in sunrise/high growth sectors.
  • Key Overweight sectors/Industries include Financial Services, Consumer Services and Oil & Gas vs the Scheme’s Benchmark
  • Key Underweight sectors /Industries include Construction, FMCG and Capital Goods vs the Scheme’s Benchmark
  • Portfolio is around 60% invested in Equities (Unhedged)
Sector MMBAF* Nifty 50 Hybrid Composite Debt 50: 50 TRI
Financial Services 22.78% 34.60%
Oil Gas & Consumable Fuels 8.92% 10.00%
Consumer Services 6.54% 1.49%
Information Technology 6.18% 14.06%
Automobile And Auto Components 5.80% 7.37%

^For the equity portion

*Mahindra Manulife Balanced Advantage Fund

Data as on December 31, 2024

Security % to Net Assets
Reliance Industries Limited*6.02%
HDFC Bank Limited5.97%
ICICI Bank Limited3.46%
Hindustan Unilever Limited1.98%
Mahindra & Mahindra Limited1.94%
Trent Limited1.84%
Persistent Systems Limited1.66%
LTIMindtree Limited1.66%
Divi's Laboratories Limited1.63%
Kotak Mahindra Bank Limited1.58%
Total 27.74%
*Includes Fully/Partially hedged positions
Fresh Additions Complete Exits
Security Security
Aditya Birla Sun Life AMC Limited ITC Limited
Arvind Limited JK Paper Limited
Coforge Limited NLC India Limited
Devyani International Limited
Kaynes Technology India Limited
Laurus Labs Limited
Oracle Financial Services Software Limited
Sai Life Sciences Limited
Senco Gold Limited
The Ramco Cements Limited
Torrent Power Limited
UltraTech Cement Limited
Zomato Limited


Note:The companies/stock(s) referred above are only for the purpose of disclosure of significant portfolio changes during the month and should not be construed as recommendation to buy/sell/ hold. The fund manager may or may not choose to hold these companies/stocks, from time to time. Investors are requested to consult their financial, tax and other advisors before taking any investment decision(s). Data as on December 31, 2024

Annualised Portfolio YTM*1^ 7.18%2
Macaulay Duration^ 4.04 years2
Modified Duration^ 3.882
Residual Maturity^ 7.34 years2
Portfolio Turnover Ratio (Last 1 year) 3.03
As on (Date) December 31, 2024
Standard Deviation 7.99%
Beta 0.98
Sharpe Ratio# 0.58
Jenson’s Alpha 0.2092


*In case of semi annual YTM, it will be annualised
^For debt component
1Yield to maturity should not be construed as minimum return offered by the Scheme;
22Calculated on amount invested in debt securities (including accrued interest), deployment of funds in TREPS and Reverse Repo and net receivable / payable. Data as on December 31, 2024. Risk-free rate assumed to be 7.15% (MIBOR as on 31-12-24) 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 December 31, 2024

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 Manager:

Mr. Manish Lodha (Equity)
Total Experience : 23 years
Experience in managing this fund: 3 Years (Managing since December 30, 2021)

Ms. Fatema Pacha (Equity)
Total Experience : 18 years,
Experience in managing this fund:3 Years (Managing since December 30, 2021)

Mr. Rahul Pal (Debt)
Total Experience : 22 years,
Experience in managing this fund:3 Years (Managing since December 30, 2021)

Date of allotment: December 30, 2021

Benchmark: Nifty 50 Hybrid Composite Debt 50: 50 TRI

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 Weekly & Monthly SIP Amount: Rs 500 and in multiples of Re. 1/- thereafter

Minimum Weekly & Monthly SIP Installments: 6

Monthly AAUM as on December 31, 2024 (Rs. in Cr.): 913.86

Quarterly AAUM as on December 31, 2024 (Rs. in Cr.): 899.58

Monthly AUM as on December 31, 2024 (Rs. In Cr.): 908.12

Entry Load: Not applicable

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.

^Benchmark ^^Additional Benchmark. Inception/Allotment date: 30-Dec-21.
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 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.

^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).

^Benchmark CAGR – Compounded Annual Growth Rate. $Dedicated Fund Manager for Overseas Investments.
Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments.The performance details provided above are of Growth Option under Regular Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different expense structure. Mr. Rahul Pal manages 11 schemes, Mr. Manish Lodha manages 11 schemes and Ms. Fatema Pacha manages 8 schemes each of Mahindra Manulife Mutual Fund. The performance data for the schemes which have not completed one year has not been provided.
Performance as on December 31, 2024
#Note: Pursuant to notice cum addendum no. 45/2024, Fund Manager of the scheme has been changed with effect from January 01, 2025.
*Note: Pursuant to notice cum addendum no. 43/2024, Fund Manager of the scheme has been changed with effect from December 23, 2024.
Note: Pursuant to notice cum addendum no. 38/2024, Fund Manager of th e scheme has been changed with effect from December 03, 2024.

Scheme Name
Mahindra Manulife Balanced Advantage Fund

This product is suitable for investors who are seeking*:
• Capital Appreciation while generating income over medium to long term;
• Investments in a dynamically managed portfolio of equity and equity related instruments and debt and money market instruments.

Scheme Riskometer

Scheme Benchmark
As per AMFI Tier I Benchmark i.e. Nifty 50 Hybrid Composite Debt 50: 50 Index TRI

Benchmark Riskometer

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Readers of this material should rely on information / data arising out of their own investigations and advised to seek independent professional advice and arrive at an informed decision before making any investments. Neither Mahindra Manulife Investment Management Private Limited nor Mahindra Manulife Trustee Private Limited, its directors or associates shall be liable for any damages that may arise from the use of the information contained herein.

Get in Touch: :Unit No. 204, 2nd Floor, Amiti Building,
Piramal Agastya Corporate Park, LBS Road,
Kamani Junction, Kurla (W), Mumbai – 400 070.
Phone: +91-22-66327900, Fax: +91-22-66327932
Toll Free No.: 1800 419 6244
Website: www.mahindramanulife.com

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
CNo.01445.