3 Year return
0Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Moderately High Risk
Asset Under Management
₹904.25 Cr.
Expense Ratio
0.53% (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.
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
Mahindra Manulife Mutual Fund Managers
ML
Manish Lodha
Fund Manager since Apr 2022
Fund House Details
Mahindra Manulife Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
HDFC Balanced Advantage Fund |
23.01% |
4 |
Baroda BNP Paribas Balanced Advantage Fund |
15.13% |
3 |
Edelweiss Balanced Advantage Fund |
13.26% |
5 |
Schemes by Mahindra Manulife Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Mahindra Manulife Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
Mahindra Manulife Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Aggressive Hybrid Fund
Mahindra Manulife Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Arbitrage Fund
Mahindra Manulife Arbitrage Fund Direct Plan Growth
Hybrid . Arbitrage Fund
Mahindra Manulife Arbitrage Fund Direct Plan IDCW Payout
Key Features of The Fund
5-year return | NA |
Expense Ratio | 0.53% |
Fund Manager | Manish Lodha |
Fund Size | ₹904.25 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 |
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.
Fast-Track Your Short-Term Goals With SIPs
FAQs
What is today's NAV of Mahindra Manulife Balanced Advantage Fund?
What is the AUM of Mahindra Manulife Balanced Advantage Fund?
What is the expense ratio of Mahindra Manulife Balanced Advantage Fund?
What are the returns of Mahindra Manulife Balanced Advantage Fund since inception?
What is the minimum SIP amount to invest in Mahindra Manulife Balanced Advantage Fund?
How do I invest in Mahindra Manulife Balanced Advantage Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Mahindra Manulife Balanced Advantage Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Mahindra Manulife Balanced Advantage Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Mahindra Manulife Balanced Advantage Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.