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Mahindra Manulife Balanced Advantage Fund Growth Return

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Showing Funds Performance since Sep 07, 2020

Mahindra Manulife Balanced Advantage Fund Growth Fund Overview

Min. investment

SIP ₹500 & Lump. ₹1000

AUM (Fund size)

₹884 Cr

Lock In Period

N/A

Expense Ratio

2.28

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).

Benchmark

Nifty 50 Hybrid Composite Debt 50: 50 Index TRI

Summary

Mahindra Manulife Balanced Advantage Fund Growth NAV is ₹14.6779 as of 23 Jun, 2026. Mahindra Manulife Balanced Advantage Fund Growth has delivered 37.60% returns since its launch. The minimum SIP investment amount in Mahindra Manulife Balanced Advantage Fund Growth is ₹500. The AUM of Mahindra Manulife Balanced Advantage Fund Growth is ₹884 Cr. The expense ratio of the fund is 2.28%, and its benchmark is Nifty 50 Hybrid Composite Debt 50: 50 Index TRI. The current exit load of the fund 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 last 1M months, Mahindra Manulife Balanced Advantage Fund Growth has delivered 2.49% returns.

Mahindra Manulife Balanced Advantage Fund Growth Calculate Returns

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M2.490.07126.76
6M1.241.53126.76
1Y2.303.94126.76
3Y11.2312.24126.76

Portfolio Analysis

  • Equity: 71.06%
  • Debt: 27.93%
  • Others
As on: 2026-05-31
View allocation % by

1. ICICI Bank Limited3.20%
2. HDFC Bank Limited2.45%
3. Axis Bank Limited2.18%
4. IndusInd Bank Limited2.13%
5. The Federal Bank Limited1.37%
6. IDFC First Bank Limited0.75%

1. Laurus Labs Limited1.70%
2. Senores Pharmaceuticals Limited1.36%
3. Glenmark Pharmaceuticals Limited1.24%
4. Divi's Laboratories Limited1.06%
5. Torrent Pharmaceuticals Limited0.46%

1. State Bank of India1.90%
2. Bank of Maharashtra1.20%
3. Indian Bank0.99%

1. Apollo Hospitals Enterprise Limited1.71%
2. Fortis Healthcare Limited1.37%

1. Tech Mahindra Limited1.41%
2. Infosys Limited1.03%
3. Coforge Limited0.61%

1. Bajaj Finance Ltd1.52%
2. L&T Finance Limited0.78%
3. IIFL Finance Limited0.40%

1. Reliance Industries Limited2.47%

1. Bharti Airtel Limited2.44%

1. Mahindra & Mahindra Limited1.36%
2. Maruti Suzuki India Limited1.01%

1. Jindal Steel Limited1.91%

1. Aditya Birla Sun Life AMC Limited0.96%
2. HDFC Asset Management Company Limited0.82%

1. Bharat Electronics Limited1.34%
2. Hindustan Aeronautics Limited0.39%

1. Eternal Limited1.72%

1. Indus Towers Limited1.68%

1. Bharat Heavy Electricals Limited1.65%

1. Delhivery Limited0.98%
2. Black Buck Ltd0.66%

1. Coal India Limited1.64%

1. UltraTech Cement Limited1.64%

1. Larsen & Toubro Limited1.45%

1. Aditya Birla Capital Limited0.95%
2. Max Financial Services Limited0.50%

1. Oil & Natural Gas Corporation Limited1.38%

1. Aditya Vision Ltd1.25%

1. Titan Company Limited1.22%

About Fund Mahindra Manulife Balanced Advantage Fund Growth

Mahindra Manulife Balanced Advantage Fund Growth managed by Mahindra Manulife Mutual Fund,is a Equity - Hybridscheme with Assets Under Management of ₹884 Crore. The fund benchmarks its performance against the Nifty 50 Hybrid Composite Debt 50: 50 Index TRI while maintaining an expense ratio of 2.28. 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.

Fund Managers

Neelesh Dhamnaskar

Mr. Neelesh is a Commerce Graduate and MMS (Finance). He has around 9 years of experience in equity research. He has worked with ENAM Securities Direct Pvt. Ltd. (May 2007 – Jan 21, 2010), KR Choksey Shares and Securities Pvt. Ltd. (Dec 2005 - Apr 2007) as Equity Research Analyst and Anand Rathi Securities Ltd. as Commodities Research Analyst (Feb 2005 - Nov 2005).

Peer Comparison

Fund NameRatingsAUMExpense Ratio
Mirae Asset Balanced Advantage Fund Growth32081.61 CR2.06
WhiteOak Capital Balanced Advantage Fund Growth02155.59 CR2.05
Union Aggressive Hybrid Fund Growth1708.23 CR2.37
SBI Balanced Advantage Fund Growth440673.49 CR1.51
Mahindra Manulife Balanced Advantage Fund Growth1883.89 CR2.28
Fund Name1Y3Y
This FundMirae Asset Balanced Advantage Fund Growth3.868735.154
This FundWhiteOak Capital Balanced Advantage Fund Growth1.822935.94
This FundUnion Aggressive Hybrid Fund Growth1.850836.03
This FundSBI Balanced Advantage Fund Growth3.787637.1013
This FundMahindra Manulife Balanced Advantage Fund Growth2.303537.5996

Mahindra Manulife Balanced Advantage Fund Growth 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 2.28. 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 : 2.49%
  • 6 Months : 1.24%
  • 1 Year : 2.30%
  • 3 Years : 11.23%
Returns of Mahindra Manulife Balanced Advantage Fund Growth are updated daily based on NAV of ₹ 14.6779 as on Jun 19,2026. Since inception, the return has been 37.60%.

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 ₹884 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.