Item: Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Rating: Unrated
Author: Morningstar

Home › Mutual Funds › Mahindra Mutual Fund › Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl

12.646 (0.674%)

NAV on May 15, 2024

Category Allocation:

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Limited Sensitivity
High Quality

Total Assets 731 cr

Turnover Ratio 295.00%

Expense Ratio 0.61%

Exit Load 1.00%if redeemed within
3 Months0.00%if redeemed after 3 Months

Returns

1M: -0.94%
1Y: 19.95%
3M: -6.74%
3Y: N/A
6M: 6.30%
5Y: N/A

Min Investment 1,000

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ADDITIONAL INFO

Fund Manager Rahul Pal (Since over 2 years) Manish Lodha (Since over 2 years) Fatema Pacha (Since over 2 years)

ISIN INF174V01BG5

Fund Family Mahindra

P/E Ratio 15.82

P/B Ratio 2.90

Launch Date December 30, 2021

Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR

Avg. Maturity 2.69 years

Yield To Maturity (%) 7.33%

SECTOR WEIGHTINGS (%)

Financial 18.64%

Industrial 13.22%

Technology 6.04%

Basic Materials 4.18%

Consumer Cyclical 9.88%

Utilities Services 12.3%

Healthcare Services 6.61%

Energy Services 18.02%

Communication Services 8.49%

Consumer Defensive 2.63%

Real Estate 0.00%

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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Rated
Top Performing

Top Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
HDFC Balanced Advantage Fund Direct Plan Growth Option	501.161	39.22%	83,549 cr	0.72%	High
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	23.294	25.93%	3,805 cr	0.72%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	52.250	25.63%	11,136 cr	0.49%	Average
ICICI Prudential Balanced Advantage Fund Direct Plan Growth	71.970	20.78%	56,709 cr	0.81%	Low

Best Arbitrage Fund Funds

NAME		LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Quant Dynamic Asset Allocation Fund Direct Growth		16.024	59.13%	1,047 cr	0.65%	-

Best Dynamic Asset Allocation Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
HDFC Balanced Advantage Fund Direct Plan Growth Option	501.161	39.22%	83,549 cr	0.72%	High
Baroda BNP Paribas Balanced Advantage Fund Direct Growth	23.294	25.93%	3,805 cr	0.72%	Above Average
Edelweiss Balanced Advantage Fund Direct Plan Growth	52.250	25.63%	11,136 cr	0.49%	Average
Bank of India Balanced Advantage Direct Growth	25.132	24.12%	126 cr	1.5%	High

Best Credit Risk Funds

NAME		LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Mahindra Manulife Balanced Advantage Fund Direct Growth		13.673	29.69%	731 cr	0.61%	-

Other plans of Mahindra Manulife Balanced Advantage

Mahindra Manulife Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl

Credit Risk
Mahindra Manulife Balanced Advantage Fund Direct Growth

Credit Risk

Other Balanced funds by Mahindra

Mahindra Manulife Balanced Advantage Fund Direct Growth

Credit Risk
Mahindra Manulife Equity Savings Fund Direct Growth

Equity Savings

Mahindra Manulife Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl

previously known as Mahindra Manu Bal Advtg Yjn Dir IDCW-R until March 01, 2023

ADDITIONAL INFO

ASSET ALLOCATION

EQUITY DISTRIBUTION

CREDIT QUALITY (%)