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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹500 & Lump. ₹1000

AUM (Fund size)

₹912 Cr

Lock In Period

N/A

Expense Ratio

2.22

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 ₹13.8067 NAV as of Mar 25,2026 and returns since inception of 38.76%. Minimum investments start at SIP ₹500. The Mahindra Manulife Balanced Advantage Fund Growth AUM is ₹912 Cr, with a lock-in of N/A years, expense ratio of 2.22%, 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 -6.58% returns, against a category average of -1.93% and a category best of 126.76%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M-6.58-1.93126.76
6M-5.750.52126.76
1Y-0.234.43126.76
3Y11.5415.12126.76

Portfolio Analysis

  • Equity: 66.53%
  • Debt: 33.47%
  • Others
As on: 2026-02-28
View allocation % by

1. ICICI Bank Limited3.40%
2. HDFC Bank Limited2.89%
3. Axis Bank Limited2.28%
4. IndusInd Bank Limited2.16%
5. The Federal Bank Limited1.38%
6. IDFC First Bank Limited1.01%

1. Glenmark Pharmaceuticals Limited1.41%
2. Laurus Labs Limited1.30%
3. Divi's Laboratories Limited1.23%
4. Senores Pharmaceuticals Limited0.90%
5. Torrent Pharmaceuticals Limited0.44%

1. State Bank of India2.83%
2. Indian Bank1.14%
3. Canara Bank1.09%

1. UltraTech Cement Limited2.86%
2. Grasim Industries Limited1.23%

1. Infosys Limited1.33%
2. Tech Mahindra Limited1.25%
3. LTIMindtree Limited0.79%

1. JSW Steel Limited3.12%

1. Indus Towers Limited3.09%

1. Apollo Hospitals Enterprise Limited1.59%
2. Fortis Healthcare Limited1.34%

1. Mahindra & Mahindra Limited1.27%
2. Maruti Suzuki India Limited1.11%

1. Reliance Industries Limited2.06%

1. Bajaj Finance Ltd1.28%
2. IIFL Finance Limited0.49%

1. Bharti Airtel Limited1.65%

1. HDFC Asset Management Company Limited0.80%
2. Aditya Birla Sun Life AMC Limited0.78%
3. ICICI Prudential Asset Management Company Limited0.05%

1. Bharat Electronics Limited1.16%
2. Hindustan Aeronautics Limited0.34%

1. Bajaj Finserv Limited1.35%

1. Coal India Limited1.23%

1. REC Limited1.19%

1. Aditya Vision Ltd1.05%

1. Bharat Heavy Electricals Limited1.02%

About Fund

Mahindra Manulife Balanced Advantage Fund Growth managed by Mahindra Manulife Mutual Fund,is a Equity - Hybridscheme with Assets Under Management of ₹912 Crore. The fund benchmarks its performance against the Nifty 50 Hybrid Composite Debt 50: 50 Index TRI while maintaining an expense ratio of 2.22. 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 NameRatingsAUMExpense Ratio
This FundSBI Retirement Benefit Fund - Aggressive Plan Growth03077.97 CR1.92
This FundSBI Retirement Benefit Fund - Aggressive Hybrid Plan Growth01640.13 CR2.06
This FundFranklin India Balanced Advantage Fund Growth22859.98 CR1.93
This FundMahindra Manulife Balanced Advantage Fund Growth1912.31 CR2.22
Fund Name1Y3Y
This FundSBI Retirement Benefit Fund - Aggressive Plan Growth-4.525334.4703
This FundSBI Retirement Benefit Fund - Aggressive Hybrid Plan Growth-0.837735.0454
This FundFranklin India Balanced Advantage Fund Growth-0.777437.0378
This FundMahindra Manulife Balanced Advantage Fund Growth-0.230738.76

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 2.22. 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 : -6.58%
  • 6 Months : -5.75%
  • 1 Year : -0.23%
  • 3 Years : 11.54%
Returns of Mahindra Manulife Balanced Advantage Fund Growth are updated daily based on NAV of ₹ 13.8067 as on Mar 25,2026. Since inception, the return has been 38.76%.

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 ₹912 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