Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW

Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW is a scheme launched by Mahindra Mutual Fund on December 30, 2021, and falls under the Dynamic Asset Allocation fund category. It currently manages an AUM of Rs 912.46 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 1000. It charges an expense ratio of 2.22% for managing the portfolio.

• Investing Strategy:

  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

• Performance:

  Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW trailing returns over different times are -7.74% (1 year), 6.95% (3 year) and 0% (5 year). The average annual return of this fund stands at -6.05%.