Return
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Showing Funds Performance since Sep 07, 2020
Fund Overview
Min. investment
SIP ₹500 & Lump. ₹1000
AUM (Fund size)
₹913 Cr
Lock In Period
N/A
Expense Ratio
2.21
Benchmark
Nifty 50 Hybrid Composite Debt 50: 50 Index TRI
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 1.00 % 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).
Summary
Latest details for Mahindra Manulife Balanced Advantage Fund Growth include a ₹14.2692 NAV as of Mar 06,2026 and returns since inception of 43.97%. Minimum investments start at SIP ₹500. The Mahindra Manulife Balanced Advantage Fund Growth AUM is ₹913 Cr, with a lock-in of N/A years, expense ratio of 2.21%, and benchmark Nifty 50 Hybrid Composite Debt 50: 50 Index TRI. Exit load is - 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 1.00 % 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).. In the growth review for 1M Month/Year, the fund recorded -1.38% returns, against a category average of -0.97% and a category best of 126.76%.
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Growth Review
| Duration | Fund Return(%) | Category Average(%) | Category Best(%) |
|---|---|---|---|
| 1M | -1.38 | -0.97 | 126.76 |
| 6M | 0.29 | 1.25 | 126.76 |
| 1Y | 9.46 | 4.04 | 126.76 |
| 3Y | 12.92 | 10.72 | 126.76 |
Portfolio Analysis
- Equity: 70.37%
- Debt: 29.63%
- Others
As on: 2026-01-31
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About Fund
Mahindra Manulife Balanced Advantage Fund Growth managed by Mahindra Manulife Mutual Fund,is a Equity - Hybridscheme with Assets Under Management of ₹913 Crore. The fund benchmarks its performance against the Nifty 50 Hybrid Composite Debt 50: 50 Index TRI while maintaining an expense ratio of 2.21. Under the expert guidance of Neelesh Dhamnaskar ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.
Peer Comparison
| Fund Name | Ratings | AUM | Expense Ratio |
|---|---|---|---|
| This FundSBI Retirement Benefit Fund - Aggressive Hybrid Plan Growth | 0 | 1657.62 CR | 2.05 |
| This FundFranklin India Balanced Advantage Fund Growth | 2 | 2849.51 CR | 1.94 |
| This FundMirae Asset Balanced Advantage Fund Growth | 3 | 2007.15 CR | 2.05 |
| This FundWhiteOak Capital Balanced Advantage Fund Growth | 0 | 2130.44 CR | 2.02 |
| This FundMahindra Manulife Balanced Advantage Fund Growth | 1 | 912.79 CR | 2.21 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundSBI Retirement Benefit Fund - Aggressive Hybrid Plan Growth | 11.2063 | 41.5538 |
| This FundFranklin India Balanced Advantage Fund Growth | 7.1044 | 41.6276 |
| This FundMirae Asset Balanced Advantage Fund Growth | 11.6148 | 42.9351 |
| This FundWhiteOak Capital Balanced Advantage Fund Growth | 9.1126 | 43.3033 |
| This FundMahindra Manulife Balanced Advantage Fund Growth | 9.4561 | 43.9675 |
FAQs
Mahindra Manulife Balanced Advantage Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.
The expense ratio of Mahindra Manulife Balanced Advantage Fund Growth is 2.21. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.
Mahindra Manulife Balanced Advantage Fund Growth’s fund performance is as follows:
- 1 Month : -1.38%
- 6 Months : 0.29%
- 1 Year : 9.46%
- 3 Years : 12.92%
You can invest in Mahindra Manulife Balanced Advantage Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.
The fund size (AUM) of Mahindra Manulife Balanced Advantage Fund Growth is ₹913 crore. It changes based on market performance, inflows, and outflows.
You can track your investment in Mahindra Manulife Balanced Advantage Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500