Mahindra Manulife Balanced Advantage Yojana

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
*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 0.5% 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).

Fund Manager : Mr. Manish Lodha

Total Experience: Combined work experience of over 20 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 21, 2020

Fund Manager : Ms. Fatema Pacha

Total Experience: 15 years of work experience in the investment function including fund management and research

Experience in managing this fund: N/A

Fund Manager : Mr. Rahul Pal

Total Experience: Collectively over 18 years of work experience in the Fixed Income segment

Experience in managing this fund : Managing since August 24, 2020

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.
Riskometer

Mahindra Manulife Balanced Advantage Yojana

Investors Understands that their principal will be at Very High risk

Riskometer

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 Yojana Simple Annualised Returns(%) Value of Investment of 10,000* (Rs) NAV / Index Value (as on Aug 30, 2022)
Managed by Mr. Manish Lodha and Ms. Fatema Pacha and Mr. Rahul Pal 6 Months Since Inception 6 Months Since Inception
Regular Plan - Growth Option 7.57 1.49 10,373 10,099 10.10
Direct Plan - Growth Option 9.64 3.52 10,472 10,233 10.23
Nifty 50 Hybrid Composite Debt 50: 50 Index^ 7.84 4.54 10,386 10,300 12,014.86
Nifty 50 TRI^^ 13.49 6.65 10,655 10,438 25,786.59

^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.