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3 Year return

17.66%
Launched on December 2021 (4 years)

Investment Details

₹500

Minimum SIP Amount

₹1000

Minimum one time investment

Fund has no lock-in period

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Your Investment ₹3,00,000
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Risk Involved

scale

Your principal will be at

Moderately High Risk

Scheme Information

Asset Under Management

₹905.31 Cr.

Expense Ratio

0.56% (inclusive of GST)

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.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year:

20% tax on gains

Withdrawal after 1 year:

12.5% tax on gains above ₹1.25 lakh per financial year

Fund Holdings

Holdings
Top Holdings% of Asset
Bajaj Finance Ltd3.86%
HDFC Bank Ltd3.51%
Indus Towers Ltd2.87%
Muthoot Finance Ltd2.86%
Reliance Industries Ltd2.83%
Others84.07%
Other Holdings% of Asset
Divis Laboratories Ltd2.41%
UltraTech Cement Ltd2.12%
REC Ltd1.97%
IndusInd Bank Ltd1.96%
Interglobe Aviation Ltd1.81%
State Bank of India1.76%
Bharti Airtel Ltd1.69%
LTIMindtree Ltd1.44%
Bajaj Finserv Ltd1.37%
Maruti Suzuki India Ltd1.36%
Tech Mahindra Ltd1.36%
Laurus Labs Ltd1.04%
Federal Bank Ltd1.04%
Cholamandalam Financial Holdings Ltd0.97%
APL Apollo Tubes Ltd0.94%
Page Industries Ltd0.93%
Aditya Vision Ltd0.92%
IDFC First Bank Ltd0.92%
Devyani International Ltd0.91%
Piramal Enterprises Ltd0.91%
ABB India Ltd0.89%
Tata Steel Ltd0.86%
Mahanagar Gas Ltd0.85%
Mphasis Ltd0.85%
Oracle Financial Services Software Ltd0.79%
P I Industries Ltd0.78%
Kaynes Technology India Ltd0.76%
Infosys Ltd0.75%
Varun Beverages Ltd0.74%
Bajaj Auto Ltd0.73%
L G Balakrishnan & Bros Ltd0.68%
Mankind Pharma Ltd0.68%
360 ONE WAM Ltd0.67%
Coforge Ltd0.66%
Max Healthcare Institute Ltd0.65%
Sai Life Sciences Ltd0.65%
Amber Enterprises India Ltd0.65%
Balrampur Chini Mills Ltd0.61%
Embassy Office Parks REIT0.58%
LIC Housing Finance Ltd0.57%
Tube Investments of India Ltd0.56%
ICICI Lombard General Insurance Company Ltd0.55%
CRISIL Ltd0.54%
JSW Energy Ltd0.53%
Angel One Ltd0.52%
Arvind Fashions Ltd0.40%
Aditya Birla Sun Life AMC Ltd0.26%
Arvind Ltd0.22%
SRF Ltd0.12%
Trent Ltd-1.90%
Persistent Systems Ltd-1.41%
Axis Bank Ltd-1.06%
Kotak Mahindra Bank Ltd-0.85%
Hindustan Unilever Ltd-0.80%
GAIL (India) Ltd-0.77%
ICICI Bank Ltd-0.45%

Mahindra Manulife Mutual Fund Managers

ML

Manish Lodha

Fund Manager since Dec 2021

Fund House Details

Mahindra Manulife Mutual Fund

Mahindra Manulife Mutual Fund Asset management company

AUM ₹27,255.77 Cr.
No. of Schemes 70
Setup Date 4 February 2016

Peer Comparison

Comparison with other similar funds

Schemes by Mahindra Manulife Mutual Fund

List of mutual fund schemes by AMC

Key Features of The Fund

5-year return NA
Expense Ratio 0.56%
Fund Manager Manish Lodha
Fund Size ₹905.31 Cr
Risk Profile Moderately High

AMC Contact Details

Name Mahindra Manulife Mutual Fund
Launch Date 4 February 2016
Addresss 1st Floor,Sadhna House, 570, P.B Marg, Worli, Mumbai - 400018
Contact 022 6632 7900 / 1800 419 6244
Email mfinvestors@mahindra.com
Website https://www.mahindramanulife.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of Mahindra Manulife Balanced Advantage Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Mahindra Manulife Balanced Advantage Fund on Jun 30 2025, is ₹15.5626

What is the AUM of Mahindra Manulife Balanced Advantage Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Mahindra Manulife Balanced Advantage Fund, is ₹905.31 crore.

What is the expense ratio of Mahindra Manulife Balanced Advantage Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Mahindra Manulife Balanced Advantage Fund is 0.56%

What are the returns of Mahindra Manulife Balanced Advantage Fund since inception?

The Mahindra Manulife Balanced Advantage Fund was launched on Dec 09 2021. The fund has delivered a CAGR of 13.46 since inception.

What is the minimum SIP amount to invest in Mahindra Manulife Balanced Advantage Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Mahindra Manulife Balanced Advantage Fund is ₹500.

How do I invest in Mahindra Manulife Balanced Advantage Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Mahindra Manulife Balanced Advantage Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Mahindra Manulife Balanced Advantage Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Mahindra Manulife Balanced Advantage Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.

FAQs

What is today's NAV of Mahindra Manulife Balanced Advantage Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Mahindra Manulife Balanced Advantage Fund on Jun 30 2025, is ₹15.5626

What is the AUM of Mahindra Manulife Balanced Advantage Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Mahindra Manulife Balanced Advantage Fund, is ₹905.31 crore.

What is the expense ratio of Mahindra Manulife Balanced Advantage Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Mahindra Manulife Balanced Advantage Fund is 0.56%

What are the returns of Mahindra Manulife Balanced Advantage Fund since inception?

The Mahindra Manulife Balanced Advantage Fund was launched on Dec 09 2021. The fund has delivered a CAGR of 13.46 since inception.

What is the minimum SIP amount to invest in Mahindra Manulife Balanced Advantage Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Mahindra Manulife Balanced Advantage Fund is ₹500.

How do I invest in Mahindra Manulife Balanced Advantage Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Mahindra Manulife Balanced Advantage Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Mahindra Manulife Balanced Advantage Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Mahindra Manulife Balanced Advantage Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.