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.
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 Limited | 5.97% |
ICICI Bank Limited | 3.46% |
Hindustan Unilever Limited | 1.98% |
Mahindra & Mahindra Limited | 1.94% |
Trent Limited | 1.84% |
Persistent Systems Limited | 1.66% |
LTIMindtree Limited | 1.66% |
Divi's Laboratories Limited | 1.63% |
Kotak Mahindra Bank Limited | 1.58% |
Total | 27.74% |
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
^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.
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.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.