Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW

Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW is a fund scheme from Mahindra mutual fund. It falls under a Dynamic Asset Allocation category. After being launched on 2021-12-30. Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW has achieved Rs 880.38 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 500 and lumpsum of Rs 1000 to start the investment. The expense ratio of this fund is 2.22%.

• 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 -2.29% (1 year), 6.38% (3 year), 0% (5 year). The average annual return of this fund stands at -2.29%

• Fund Manager & Portfolio Allocation:

  Rahul Pal, Fatema Pacha, Manish Lodha are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Financial Services, Consumer Cyclical, Energy, Technology, Basic Materials, , Sectors. First five holdings of this fund are Reliance Industries Ltd, HDFC Bank Ltd, ICICI Bank Ltd, Bajaj Finance Ltd, Hindustan Unilever Ltd, 6.92% Govt Stock 2039, National Bank For Agriculture And Rural Development, 7.09% Govt Stock 2054, National Bank For Agriculture And Rural Development, 7.38% Govt Stock 2027, Net Receivables / (Payables), HDFC Bank Limited Companies.