Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Delivered positive returns in 100% of 3-year investment horizons.
- Strong capital defense: downside capture of 53% limits losses during market corrections.
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +6.64% | +5.51% | +1.13% |
| 3 Months | +1.76% | +1.29% | +0.47% |
| 6 Months | +6.31% | +5.25% | +1.06% |
| 1 Year | +4.00% | +2.38% | +1.62% |
| 3 Years CAGR | +10.57% | +9.06% | +1.51% |
| Since Inception | +9.14% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in Mahindra Manulife Balanced Advantage Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +4.37% | +1.91% | +2.46% |
| 2025 | +4.14% | +5.68% | -1.54% |
| 2024 | +14.14% | +12.82% | +1.32% |
| 2023 | +19.91% | +18.07% | +1.84% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -3.82% | +10.79% | +6.64% | +32.78% | 92.5% | 47.5% |
| 3-Year Rolling | +8.18% | +11.90% | +11.96% | +15.78% | 100.0% | 40.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-09-26 | 2025-03-03 | -10.4% | 5 months | 4 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity & Equity related instruments^ | 0% - 100%, Debt and Money Market Securities (including TREPS (Tri-Party Repo), Reverse Repo): 0% -100%, ^The Scheme may invest in derivatives instruments to the extent of 50% of the Net Assets of the Scheme. The Scheme may use equity derivatives for such purposes as may be permitted by the Regulations, including for the purpose of hedging and portfolio balancing, based on the opportunities available and subject to guidelines issued by SEBI from time to time. |
| Note: For detailed Asset Allocation please refer Scheme Information Document of the Scheme available on our website www.mahindramanulife.com | Per Scheme Mandate |
Investment Objective & 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 money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 922 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Balanced Advantage schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Balanced Advantage Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| SBI Balanced Advantage Fund | 7.7 | +9.74% | 1.66% | 39.8% | Rs 41,907 cr | Compare → |
| Kotak Balanced Advantage Fund | 5.6 | +9.62% | 1.86% | 53.1% | Rs 17,349 cr | Compare → |
| Mirae Asset Balanced Advantage Fund | 6.4 | +10.02% | 2.27% | 41.0% | Rs 2,200 cr | Compare → |
| BANDHAN Balanced Advantage Fund | 4.4 | +9.52% | 2.29% | 43.9% | Rs 2,283 cr | Compare → |
| Edelweiss Balanced Advantage Fund | 6.4 | +10.89% | 1.91% | 53.3% | Rs 13,694 cr | Compare → |
Frequently Asked Questions about Mahindra Manulife Balanced Advantage Fund
What is the expense ratio of Mahindra Manulife Balanced Advantage Fund?
Mahindra Manulife Balanced Advantage Fund has a total expense ratio (TER) of 2.38% with a base expense ratio of 1.95%, compared to the Balanced Advantage category median of 2.40%.
Who manages Mahindra Manulife Balanced Advantage Fund?
Mahindra Manulife Balanced Advantage Fund is managed by Neelesh Dhamnaskar (tenure: 0.7 years since 2026-02-16).
What are the historical returns of Mahindra Manulife Balanced Advantage Fund?
Mahindra Manulife Balanced Advantage Fund delivered a 3-year CAGR of 10.57%. Its 1-year return stands at +4.00%.
How large is Mahindra Manulife Balanced Advantage Fund?
Mahindra Manulife Balanced Advantage Fund manages assets of Rs 922 cr, placing it in the 'comfortable' size band relative to Balanced Advantage peers.
How is Mahindra Manulife Balanced Advantage Fund scored on MFIQ?
Mahindra Manulife Balanced Advantage Fund holds an MFIQ Score of 5.8/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is Mahindra Manulife Balanced Advantage Fund?
Mahindra Manulife Balanced Advantage Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 10.28% with a maximum historical drawdown of -10.41%.