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Home Funds Hybrid Mahindra Manulife Balanced Advantage Fund
Mahindra Manulife Balanced Advantage Fund

An open ended dynamic asset allocation fund

Dividend at the discretion of the Trustees, subject to availability of distributable surplus.

Type : Mutual Fund

Asset Class : Hybrid

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Fund Summary
Min Investment 1000
Min SIP 500
Lock InNo
*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.

Fund Manager : Mr. Manish Lodha

Total Experience: Combined work experience of over 22 years of which around 11 years have been in the Mutual Fund Industry, 4 years in Life Insurance Industry in the field of equity research and fund management.

Experience in managing this fund : Managing since December 30, 2021

Fund Manager : Ms. Fatema Pacha

Total Experience: 17 years of work experience in the investment function including fund management and research

Experience in managing this fund : Managing since December 30, 2021

Fund Manager : Mr. Rahul Pal

Total Experience: Collectively over 21 years of work experience in the Fixed Income segment

Experience in managing this fund : Managing since December 30, 2021

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.
Mahindra Manulife- Scheme Risko Meter Very High

Mahindra Manulife Balanced Advantage Fund

Investors Understands that their principal will be at Very High risk

Mahindra Manulife- Benchmark Risko Meter High

Nifty 50 Hybrid Composite Debt 50: 50 Index TRI

  • Scheme Overview
  • Scheme Documents and Forms

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.

Potential Risk Classification (PRC)
Fund Performance:
Mahindra Manulife Balanced Advantage Fund CAGR Returns (%) Value of Investment of 10,000* (Rs) NAV / Index Value (as on Aug 31, 2023)
Managed by Mr. Manish Lodha and Ms. Fatema Pacha and Mr. Rahul Pal 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception
Regular Plan - Growth Option 11.44 N/A N/A 7.36 11,147 N/A N/A 11,258 11.2583
Direct Plan - Growth Option 13.49 N/A N/A 9.41 11,353 N/A N/A 11,619 11.6190
Nifty 50 Hybrid Composite Debt 50: 50 Index^ 8.27 N/A N/A 6.78 10,830 N/A N/A 11,157 13,011.79
Nifty 50 TRI^^ 9.50 N/A N/A 8.38 10,953 N/A N/A 11,438 28,243.74

^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 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.

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