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)
₹887 Cr
Lock In Period
N/A
Expense Ratio
3.36
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 ₹14.3127 as of 16 May, 2026. Mahindra Manulife Balanced Advantage Fund Growth has delivered 40.53% 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 ₹887 Cr. The expense ratio of the fund is 3.36%, 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 1.35% returns.
Mahindra Manulife Balanced Advantage Fund Growth Calculate Returns
You would have got
Your Investment Amount
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Growth Review
| Duration | Fund Return(%) | Category Average(%) | Category Best(%) |
|---|---|---|---|
| 1M | 1.35 | -0.79 | 126.76 |
| 6M | -2.91 | 0.44 | 126.76 |
| 1Y | 1.87 | 3.03 | 126.76 |
| 3Y | 12.01 | 10.10 | 126.76 |
Portfolio Analysis
- Equity: 68.78%
- Debt: 31.22%
- Others
As on: 2026-03-31
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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 ₹887 Crore. The fund benchmarks its performance against the Nifty 50 Hybrid Composite Debt 50: 50 Index TRI while maintaining an expense ratio of 3.36. 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 Name | Ratings | AUM | Expense Ratio |
|---|---|---|---|
| Franklin India Balanced Advantage Fund Growth | 2 | 2788.55 CR | 2.14 |
| WhiteOak Capital Balanced Advantage Fund Growth | 0 | 2152.37 CR | 2.51 |
| SBI Balanced Advantage Fund Growth | 4 | 40732.17 CR | 1.53 |
| Union Aggressive Hybrid Fund Growth | 1 | 707.07 CR | 2.57 |
| Mahindra Manulife Balanced Advantage Fund Growth | 1 | 887 CR | 3.36 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundFranklin India Balanced Advantage Fund Growth | -0.3673 | 36.6511 |
| This FundWhiteOak Capital Balanced Advantage Fund Growth | 0.9419 | 37.7678 |
| This FundSBI Balanced Advantage Fund Growth | 3.3307 | 39.4473 |
| This FundUnion Aggressive Hybrid Fund Growth | 1.3667 | 39.4984 |
| This FundMahindra Manulife Balanced Advantage Fund Growth | 1.8699 | 40.5275 |
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 3.36. 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 : 1.35%
- 6 Months : -2.91%
- 1 Year : 1.87%
- 3 Years : 12.01%
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 ₹887 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.
