Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW

Mahindra Manulife Mutual Fund · Dynamic Asset Allocation or Balanced Advantage · Direct · IDCW4/5 ★

NAV · as of 11/09/2026

12.96

-0.24%

-1.48%

Key stats

Expense ratio: 0.88%
AUM: ₹917.30 Cr
Launched: 30/12/2021
Fund manager: Rahul Pal; Amit Garg; Fatema Pacha; Neelesh Dhamnaskar
Portfolio turnover: 0.91%
Risk: Very High Risk
Min lump-sum: ₹1,000
Min SIP: ₹500/mo
Fresh lump-sum: Accepted
Fresh SIP: Accepted

NAV history

Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW

13/08/2026 to 11/09/2026

O - H - L -

1W-0.75%

1M-1.19%

3M+3.75%

6M+9.09%

1Y-1.48%

3Y+3.41%

MAX+29.50%

Top holdings

89 disclosed

1.
Triparty Repo
5.16%
2.
ICICI Bank Ltd
Financial Services
4.03%
3.
National Bank For Agriculture And Rural Development - NCD & Bonds - NCD & Bonds
2.73%
4.
Muthoot Finance Limited - NCD & Bonds - NCD & Bonds
2.72%
5.
Bharti Airtel Ltd
Communication Services
2.54%
6.
HDFC Bank Ltd
Financial Services
2.38%
7.
Reliance Industries Ltd
Energy
2.35%
8.
IndusInd Bank Ltd
Financial Services
2.27%
9.
Brookfield India Real Estate Trust
Real Estate
2.11%
10.
Axis Bank Ltd
Financial Services
2.01%
11.
Eternal Ltd
Consumer Cyclical
1.99%
12.
Laurus Labs Ltd
Healthcare
1.92%
13.
Apollo Hospitals Enterprise Ltd
Healthcare
1.81%
14.
Jindal Steel Ltd
Basic Materials
1.68%
15.
The Federal Bank Ltd
Financial Services
1.64%
16.
Godrej Properties Limited - NCD & Bonds - NCD & Bonds
1.64%
17.
6.68% Govt Stock 2040
1.64%
18.
Tech Mahindra Ltd
Technology
1.51%
19.
State Bank of India
Financial Services
1.47%
20.
Mahindra & Mahindra Ltd
Consumer Cyclical
1.47%
21.
Aditya Vision Ltd
Consumer Cyclical
1.44%
22.
Titan Co Ltd
Consumer Cyclical
1.41%
23.
Net Receivables / (Payables)
1.40%
24.
Bharat Heavy Electricals Ltd
Industrials
1.38%
25.
Larsen & Toubro Ltd
Industrials
1.35%
26.
Fortis Healthcare Ltd
Healthcare
1.34%
27.
Senores Pharmaceuticals Ltd
Healthcare
1.28%
28.
Bajaj Finance Ltd
Financial Services
1.24%
29.
Oil & Natural Gas Corp Ltd
Energy
1.22%
30.
Bharat Electronics Ltd
Industrials
1.22%
31.
Glenmark Pharmaceuticals Ltd
Healthcare
1.17%
32.
Bank of Maharashtra
Financial Services
1.16%
33.
Bharti Telecom Limited - NCD & Bonds - NCD & Bonds
1.10%
34.
Small Industries Development Bank Of India - NCD & Bonds - NCD & Bonds
1.09%
35.
LIC Housing Finance Ltd - NCD & Bonds - NCD & Bonds
1.09%
36.
Muthoot Finance Limited - NCD & Bonds - NCD & Bonds
1.09%
37.
Muthoot Finance Limited - NCD & Bonds - NCD & Bonds
1.09%
38.
Mindspace Business Parks Reit - NCD & Bonds - NCD & Bonds
1.08%
39.
7.24% Govt Stock 2055
1.06%
40.
Maruti Suzuki India Ltd
Consumer Cyclical
1.06%
41.
6.98% Maharashtra Sgs 2037
1.05%
42.
Torrent Pharmaceuticals Ltd
Healthcare
1.02%
43.
Aditya Birla Capital Ltd
Financial Services
1.01%
44.
Delhivery Ltd
Industrials
1.00%
45.
Divi's Laboratories Ltd
Healthcare
0.99%
46.
UltraTech Cement Ltd
Basic Materials
0.99%
47.
Multi Commodity Exchange of India Ltd
Financial Services
0.98%
48.
Infosys Ltd
Technology
0.96%
49.
Indian Bank
Financial Services
0.96%
50.
Coal India Ltd
Energy
0.95%
51.
Power Grid Corp Of India Ltd
Utilities
0.90%
52.
Aditya Birla Sun Life AMC Ltd
Financial Services
0.88%
53.
Bajaj Auto Ltd
Consumer Cyclical
0.87%
54.
Polycab India Ltd
Industrials
0.86%
55.
IDFC First Bank Ltd
Financial Services
0.86%
56.
L&T Finance Ltd
Financial Services
0.82%
57.
Bosch Ltd
Consumer Cyclical
0.81%
58.
Radico Khaitan Ltd
Consumer Defensive
0.80%
59.
JM Financial Services Limited - NCD & Bonds - NCD & Bonds
0.76%
60.
SRF Ltd
Industrials
0.74%
61.
Vishal Mega Mart Ltd
Consumer Cyclical
0.74%
62.
Phoenix Mills Ltd
Real Estate
0.72%
63.
Coforge Ltd
Technology
0.71%
64.
Marico Ltd
Consumer Defensive
0.71%
65.
Indus Towers Ltd Ordinary Shares
Communication Services
0.71%
66.
Blackbuck Ltd
Technology
0.68%
67.
Cummins India Ltd
Industrials
0.60%
68.
JSW Energy Ltd
Utilities
0.59%
69.
HDFC Asset Management Co Ltd
Financial Services
0.57%
70.
TVS Credit Services Limited - NCD & Bonds - NCD & Bonds
0.55%
71.
National Bank For Agriculture And Rural Development - NCD & Bonds - NCD & Bonds
0.55%
72.
Embassy Office Parks Reit - NCD & Bonds - NCD & Bonds
0.55%
73.
7.25% Maharashtra Sgs 2037
0.54%
74.
7.2% Maharashtra Sgs 2036
0.54%
75.
IIFL Finance Ltd
Financial Services
0.50%
76.
6.9% Govt Stock 2065
0.50%
77.
Mahanagar Gas Ltd
Utilities
0.49%
78.
DLF Ltd
Real Estate
0.49%
79.
Max Financial Services Ltd
Financial Services
0.43%
80.
Hindustan Aeronautics Ltd Ordinary Shares
Industrials
0.41%
81.
National Bank For Agriculture And Rural Development - NCD & Bonds - NCD & Bonds
0.27%
82.
Arvind Fashions Ltd
Consumer Cyclical
0.24%
83.
Power Finance Corporation Limited - NCD & Bonds - NCD & Bonds
0.16%
84.
LIC Housing Finance Ltd - NCD & Bonds - NCD & Bonds
0.11%
85.
Margin Placed With Ccil & Arcl
0.08%
86.
National Bank For Agriculture And Rural Development - NCD & Bonds - NCD & Bonds
-
87.
Mahindra Manu Liquid Dir Gr
-
88.
HDFC Bank Limited
-
89.
ICICI Lombard General Insurance Co Ltd
-

Sector allocation

Unclassified28.55%
Financial Services23.22%
Consumer Cyclical10.03%
Healthcare9.53%
Industrials7.56%
Energy4.52%
Technology3.87%
Real Estate3.32%
Communication Services3.24%
Basic Materials2.67%
Utilities1.98%
Consumer Defensive1.52%

Comparable peers

Mahindra Manulife Balanced Advantage IDCW Payout Direct Plan
Mahindra Manulife Balanced Advantage IDCW Payout (DP) · ₹917.30 Cr AUM
1Y+4.19%
3Y+10.22%
-
Axis Balanced Advantage IDCW Reinvest Direct Plan
Axis Balanced Advantage IDCW Reinvest (DR) · ₹3.86 K Cr AUM
1Y+2.40%
3Y+13.57%
-
Axis Balanced Advantage IDCW Payout Direct Plan
Axis Balanced Advantage IDCW Payout (DP) · ₹3.86 K Cr AUM
1Y+2.40%
3Y+13.57%
-
Quant Dynamic Asset Allocation IDCW Reinvest Direct Plan
Quant Dynamic Asset Allocation IDCW Reinvest (DR) · ₹880.40 Cr AUM
1Y+0.30%
3Y+13.24%
-
Quant Dynamic Asset Allocation IDCW Payout Direct Plan
Quant Dynamic Asset Allocation IDCW Payout (DP) · ₹880.40 Cr AUM
1Y+0.30%
3Y+13.24%
-

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.

Scheme details

Scheme code: 149407
Fund house: Mahindra Manulife Mutual Fund
Category: Open Ended
Type: Hybrid Schemes
Sub-category: Dynamic Asset Allocation or Balanced Advantage
Plan: Direct
Return type: IDCW
ISIN (Growth): INF174V01BF7
ISIN (Div. Reinvest): INF174V01BG5
Tradable on exchange: No

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