A managed mix of asset classes or strategies
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
Investors who understand that the risk depends on the scheme's actual equity, debt and derivative mix.
Market, credit, interest-rate and allocation risk can operate together.
How the money may be invested
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
- SEBI category
- Balanced
- Fund type
- Mahindra Manulife Balanced Advantage Yojana (An open ended Dynamic Asset Allocation Fund)
- Primary benchmark
- Nifty 50 Hybrid Composite Debt 50: 50 Index TRI
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- FM-1 Mr. Neelesh Dhamnaskar (Equity Portion), FM-2 Mr. Rahul Pal (Debt Portion), FM-3 Mr. Amit Garg (Debt Portion
- Manager tenure on this scheme
- Since FM-1 Managing since July 21, 2026;FM-2 Managing since December 30, 2021 FM-3 Managing since January 01, 2026
- Role / co-management
- FM- 1 Primary FM-2 Comanage FM-3 Comanage
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth | ₹16.2650 | 04 Sep 2026 |
| Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW | ₹13.0628 | 04 Sep 2026 |
| Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth | ₹14.9892 | 04 Sep 2026 |
| Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW | ₹11.8706 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 2.21%, Direct 0.53%
- Exit load
- 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. Any redemption in excess of the above limit shall be subject to the following exit load: - 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.
- Minimum application
- 1000 · multiples of 1
- SIP frequency
- SIP - Weekly / Monthly / Quarterly, SWP - Monthly / Quarterly / Half-Yearly / Annual, STP - Daily / Weekly / Monthly / Quarterly
- Minimum SIP amount
- SIP - Weekly / Monthly: 500; Quarterly: 1500, SWP - Monthly: 500; Quarterly: 500, STP - Daily / Weekly / Monthly: 500; Quarterly: 1500
- Minimum instalments
- SIP - Weekly / Monthly - 6; Quarterly - 4, SWP - Monthly / Quarterly / Half-Yearly / Annual - 2, STP - Daily / Weekly / Monthly - 6; Quarterly - 4
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.