Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW
Category: Hybrid: Dynamic Asset Allocation
Launch Date: 30-12-2021
AUM:
833.19 Cr
Expense Ratio
2.26%
Benchmark
NIFTY 50 Hybrid Composite debt 50:50 Index
ISIN
INF174V01BC4
Minimum Investment
1000.0
Minimum Topup
1000.0
Minimum SIP Amount
500
Fund Manager
FM-1 Ms. Fatema Pacha (Equity portion) FM-2 Mr. Rahul Pal (Debt portion) FM-3 Mr. Amit Garg (Debt portion)
| Fund Performance | 1Y (%) | 3Y (%) | 5Y (%) |
|---|---|---|---|
| Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW | 3.99 | 12.37 | - |
| Benchmark | - | - | - |
If you invested in this fund:
₹
In the past (time duration):
Total value today:
0
Returns:
0%
If you invested in this fund:
In the past (time duration):
Total value today:
0
Returns:
0%
Overview
NAV
11.3996
Last change
0.07 (0.6535%)
Fund Size (AUM)
₹ 833.19 Cr
Performance
8.39% (Inception)
Asset Allocation
Equity
Debt
Others
Nav Movement
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
Fund Manager
FM-1 Ms. Fatema Pacha (Equity portion) FM-2 Mr. Rahul Pal (Debt portion) FM-3 Mr. Amit Garg (Debt portion)
Riskometer
Very High
Top 10 Holdings
| Company | Holdings (%) |
|---|---|
| Triparty Repo | 6.74 |
| ICICI BANK LIMITED EQ NEW FV RS. 2/- | 3.4 |
| Net Receivables / (Payables) | 3.17 |
| JSW STEEL LIMITED EQ NEW FV RE. 1/- | 3.12 |
| INDUS TOWERS LIMITED EQ | 3.09 |
| HDFC BANK LIMITED EQ NEW FV RE. 1/- | 2.89 |
| ULTRATECH CEMENT LIMITED EQ | 2.86 |
| STATE BANK OF INDIA EQ NEW RE. 1/- | 2.83 |
| 8.52% Muthoot Finance Limited 2028 | 2.77 |
| 7.53% National Bank For Agriculture and Rural Development 2028 | 2.76 |
Sector Allocation
| Sector | Holdings (%) |
|---|---|
| Financial Services | 25.75 |
| Healthcare | 8.21 |
| Telecommunication | 4.74 |
| Construction Materials | 4.09 |
| Oil, Gas & Consumable Fuels | 4.03 |
| Automobile and Auto Components | 3.97 |
| Capital Goods | 3.82 |
| Information Technology | 3.37 |
| Metals & Mining | 3.12 |
| Consumer Services | 1.81 |