Mahindra Manulife Balanced Advantage Fund-Dir (G) logo

Mahindra Manulife Balanced Advantage Fund Direct Growth

Hybrid |

Dynamic Asset Allocation or Balanced Advantage

NAV ₹15.32 as on 11 Jun 2026

RiskModerately High

Fund Size₹883.89Cr

NAV₹15.32 as on 11 Jun 2026
RiskModerately High
Fund Size₹883.89Cr

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Investment Details
Top Rated Funds

Lock-in

No Lock-in

Min One Time Amount

₹1,000

Min Withdrawal Amount

₹-

Min SIP Amount

₹500

Min Additional Amount

₹1,000

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. An exit load of 1% 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.

Basic Details

Age

4 years 6 months (Since Dec 30, 2021)

Return since Launch

10.07%

Expense ratio

0.68%

Type

OPEN

AUM (Fund Size)

₹883.89

Risk Grade

Moderately High

Benchmark

Nifty 50 Hybrid Composite Debt 50:50 Index

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Returns
Total investment of ₹2,40,000
Would have become ₹61,949 (+209.74%)
Asset Allocation

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Scheme Holding Summary

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RiskometerLevel of risk in the scheme
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High

Your investment will be at Moderately High Risk

Fund house & investment objective
Rank (total assets)#24 in India
Total AUM₹33,153.08Cr
Date of Incorporation04 Feb 2016
Mahindra Manulife Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Mahindra Manulife Mutual Fund. This scheme was made available to investors on 30 Dec 2021. The fund currently has an Asset Under Management(AUM) of ₹33,153.08 Cr and the Latest NAV as of 11 Jun 2026 is ₹15.32.
The Mahindra Manulife Balanced Advantage Fund Direct Growth is rated Moderately High. Minimum SIP Investment is set to ₹500 . Minimum Lumpsum Investment is ₹1,000. Exit load of 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. An exit load of 1% 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..
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Returns and Rankings

Category: Hybrid Dynamic Asset Allocation or Balanced Advantage

1Y3Y5YAll
Fund returns-0.40%3.99%-2.43%
Category average-1.24%3.23%1.69%-
Rank within category17521-

FAQ’s

What kind of returns does Mahindra Manulife Balanced Advantage Fund Direct Growth provide?

Mahindra Manulife Balanced Advantage Fund Direct Growth has given a return of 12.46% in the past 3 years.

What is the expense ratio charged by Mahindra Manulife Balanced Advantage Fund Direct Growth?

The Expense Ratio charged by Mahindra Manulife Balanced Advantage Fund Direct Growth is 0.68%.

What is the AUM size of Mahindra Manulife Balanced Advantage Fund Direct Growth?

The AUM size of Mahindra Manulife Balanced Advantage Fund Direct Growth is ₹883.89Cr.

What is the minimum SIP amount that you can invest in Mahindra Manulife Balanced Advantage Fund Direct Growth?

₹500 is the minimum SIP amount that you can invest in Mahindra Manulife Balanced Advantage Fund Direct Growth .

What are the top stock holdings of Mahindra Manulife Balanced Advantage Fund Direct Growth?

The top stock holdings of Mahindra Manulife Balanced Advantage Fund Direct Growth include

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