Mahindra Manulife Balanced Advantage Fund

Balanced AdvantageDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Mahindra Manulife Balanced Advantage Fund is a Balanced Advantage fund run by Mahindra Manulife Mutual Fund. On 30-09-2026, it managed ₹879 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 10.9% a year and its Regular plan returned 9.1% a year. Its benchmark, NIFTY 50 Hybrid Composite Debt 50:50 Index, returned 6.0% a year over the same 3 years.

NAV (Direct plan): ₹15.69; ▼ 0.04%30-10-2026
NAV (Regular plan): ₹14.42; ▼ 0.04%30-10-2026
Expense ratio: 0.85%Direct2.41%Regular; 0.85%; A year
Riskometer: Very High; Set by the fund house
3 year return: 10.9%Direct9.1%Regular; 10.9%; A year

Mahindra Manulife Balanced Advantage Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹15.69 (down 0.04% that day); Regular Plan Growth ₹14.42 (down 0.04% that day).

This fund (Direct plan)

₹15.6886

Mahindra Manulife Balanced Advantage Fund Returns vs NIFTY 50 Hybrid Composite Debt 50:50 Index

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−0.02%	−2.66%	+1.63%	−0.70%	+10.92%	--	--
This fund (Regular)	−0.15%	−3.04%	+0.82%	−2.29%	+9.10%	--	--
NIFTY 50 Hybrid Composite Debt 50:50 Index	−3.31%	−3.02%	+1.93%	−2.65%	+6.05%	+5.96%	--
Balanced Advantage average	−0.55%	−2.88%	+0.08%	−2.08%	+9.14%	--	--
Best in Balanced Advantage	+1.54%	+1.98%	+8.19%	+8.40%	+12.82%	--	--
Worst in Balanced Advantage	−3.94%	−6.19%	−4.43%	−6.88%	+2.71%	--	--
Rank in Balanced Advantage	11/37	17/37	7/37	13/36	6/30	--	--

Category rows compare the Direct plans of 38 Balanced Advantage funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.

Mahindra Manulife Balanced Advantage Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	−0.31%	−1.63%
2025	+5.87%	+4.14%
2024	+16.11%	+14.14%
2023	+22.01%	+19.91%

Mahindra Manulife Balanced Advantage Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 450 periods, one for each trading day from 03-01-2025 to 30-10-2026.

0%5%10%15%20%

Feb 2022
to
Feb 2025Jun 2022
to
Jun 2025Oct 2022
to
Oct 2025Jan 2023
to
Jan 2026May 2023
to
May 2026Sept 2023
to
Sept 2026

Mahindra Manulife Balanced Advantage Fund (Direct)Category average, 38 Balanced Advantage funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	941	8.7%	−2.3%	35.2%	1%	8.7%	72%
2 years	696	16.4%	1.1%	23.9%	0%	14.6%	92%
3 years	450	13.9%	10.0%	17.8%	0%	12.7%	100%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	46	9.8%	−8.7%	38.4%	11%	9.0%	74%
2 years	34	11.2%	−1.9%	26.9%	3%	10.3%	94%
3 years	22	12.5%	4.5%	17.8%	0%	11.5%	100%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 38 Balanced Advantage funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

Mahindra Manulife Balanced Advantage Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Mahindra Manulife Balanced Advantage Fund (Direct)This fund	Category average
Return (CAGR)	−0.70%	−2.10%
Standard deviation	10.28%	8.39%
Sharpe ratio	-0.58	-0.88
Sortino ratio	-0.76	-1.17
Maximum drawdown	−9.7% (30-03-2026)	−8.3% (30-03-2026)

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Mahindra Manulife Balanced Advantage Fund (Direct)This fund	Category average
Return (CAGR)	+10.92%	+9.05%
Standard deviation	10.11%	7.94%
Sharpe ratio	0.48	0.38
Sortino ratio	0.64	0.51
Maximum drawdown	−9.8% (03-03-2025)	−9.4% (28-02-2025)

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Mahindra Manulife Balanced Advantage Fund (Direct)This fund	Category average
Return (CAGR)	+9.77%	+8.64%
Standard deviation	9.44%	7.59%
Sharpe ratio	0.41	0.36
Sortino ratio	0.55	0.49
Maximum drawdown	−9.8% (03-03-2025)	−9.4% (28-02-2025)

From daily NAVs, 03-01-2022 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−10%−8%−6%−4%−2%0%

2023202420252026

Mahindra Manulife Balanced Advantage Fund (Direct)Category average, 38 Balanced Advantage funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Mahindra Manulife Balanced Advantage Fund (Direct)	−9.8%	26-09-2024	03-03-2025	06-06-2025	3 months	−4.4%
Category average	−9.4%	26-09-2024	28-02-2025	26-06-2025	4 months	−4.2%

From the Direct plan's daily NAV since 03-01-2022, adjusted for unit splits, and the average of the 38 Balanced Advantage funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

Mahindra Manulife Balanced Advantage Fund vs Other Balanced Advantage Funds

The five Balanced Advantage funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
quant Dynamic Asset Allocation Fund	1/30	810	1.55%	−5.79%	+12.82%	--	--	0.49	0.67	Compare
Aditya Birla Sun Life Balanced Advantage Fund	2/30	9,836	0.89%	+2.18%	+11.60%	--	--	0.67	0.94	Compare
Baroda BNP Paribas Balanced Advantage Fund	3/30	5,162	0.92%	−0.62%	+11.52%	--	--	0.52	0.70	Compare
Axis Balanced Advantage Fund	4/30	3,651	1.00%	−1.41%	+11.50%	--	--	0.68	0.95	Compare
WhiteOak Capital Balanced Advantage Fund	5/30	2,256	0.84%	−0.57%	+11.37%	--	--	0.64	0.88	Compare
Mahindra Manulife Balanced Advantage Fund	6/30	879	0.85%	−0.70%	+10.92%	--	--	0.48	0.64

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

Mahindra Manulife Balanced Advantage Fund Expense Ratio and Costs

What each plan charges a year, in force from 23-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Balanced Advantage median	Cost rank (1 = cheapest)
Direct	0.62%	0.04%	0.00%	0.19%	0.85%	1.04%	9/38
Regular	1.98%	0.04%	0.00%	0.39%	2.41%	2.30%	23/38

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Balanced Advantage funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−2.29%	−0.70%	1.59%	₹97,710	₹99,300
3 years	9.10%	10.92%	1.82% a year	₹1,29,860	₹1,36,468

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Mahindra Manulife Balanced Advantage Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 03-01-2022 to 30-10-2026: 58 instalments, ₹5,80,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planMahindra Manulife Balanced Advantage Fund (Direct)	₹5,80,000	₹7,18,032	₹1,38,032	8.8%
Regular planMahindra Manulife Balanced Advantage Fund (Regular)	₹5,80,000	₹6,86,471	₹1,06,471	6.9%
Category averageCategory average, 38 Balanced Advantage funds	₹5,80,000	₹6,94,225	₹1,14,225	7.4%

₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L

2023202420252026

Direct planMahindra Manulife Balanced Advantage Fund (Direct)Regular planMahindra Manulife Balanced Advantage Fund (Regular)Category averageCategory average, 38 Balanced Advantage fundsAmount invested

From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Mahindra Manulife Balanced Advantage Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

67.8%Equity

Asset	Fund	Category
Equity	67.8%	69.0%
Debt	24.5%	23.0%
Cash and others	7.7%	7.9%

Market cap of stocks

Market cap	Fund	Category
Large Cap	42.4%	47.4%
Mid Cap	18.7%	11.6%
Small Cap	6.7%	8.8%

Share of the whole fund. Category: the average of the Balanced Advantage funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 37 Balanced Advantage funds.

Rating	Fund	Category
Sovereign	6.6%	7.4%
AAA and A1+	9.3%	11.3%
AA	8.5%	3.3%

Mahindra Manulife Balanced Advantage Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Banks16.4%
Pharmaceuticals & Biotechnology7.2%
Retailing4.5%
IT - Software3.3%
Finance3.1%
Automobiles3.1%
Telecom - Services3.1%
Healthcare Services2.9%
Capital Markets2.7%
Petroleum Products2.2%

The ten largest of 27 sectors. The other 17 add up to 19.3%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Banks	16.8%	16.9%	16.4%	−0.4%
Pharmaceuticals & Biotechnology	6.4%	7.3%	7.2%	+0.8%
Retailing	4.4%	4.5%	4.5%	+0.2%
IT - Software	3.2%	3.4%	3.3%	+0.1%
Finance	3.6%	3.9%	3.1%	−0.5%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

Mahindra Manulife Balanced Advantage Fund Portfolio Holdings

As on 30-09-2026 · 79 holdings · from the fund house's monthly portfolio

Holdings	Sector / Rating	Weight%	1M change
ICICI Bank Limited	Banks	3.87%	0.0%
7.71% Government of India 2066 · Government security	SOVEREIGN	3.41%
8.52% Muthoot Finance Limited 2028 · Bond	CRISIL AA+	2.83%
7.44% National Bank For Agriculture and Rural Development 2029 · Bond	CRISIL AAA	2.82%
Bharti Airtel Limited	Telecom - Services	2.36%	0.0%
HDFC Bank Limited	Banks	2.35%	0.0%
Reliance Industries Limited	Petroleum Products	2.23%	0.0%
Eternal Limited	Retailing	2.20%	0.0%
Brookfield India Real Estate Trust	Realty	2.17%
IndusInd Bank Limited	Banks	2.11%	0.0%
Axis Bank Limited	Banks	2.09%	0.0%
Jindal Steel Limited	Ferrous Metals	1.81%	0.0%
Apollo Hospitals Enterprise Limited	Healthcare Services	1.72%	0.0%
8.30% Godrej Properties Limited 2027 · Bond	ICRA AA+	1.71%
Laurus Labs Limited	Pharmaceuticals & Biotechnology	1.71%	−18.8%
The Federal Bank Limited	Banks	1.52%	0.0%
Tech Mahindra Limited	IT - Software	1.46%	0.0%
State Bank of India	Banks	1.44%	0.0%
Senores Pharmaceuticals Limited	Pharmaceuticals & Biotechnology	1.42%	0.0%
Bajaj Finance Ltd	Finance	1.41%	0.0%
Aditya Vision Ltd	Retailing	1.40%	0.0%
Titan Company Limited	Consumer Durables	1.38%	0.0%
Larsen & Toubro Limited	Construction	1.34%	0.0%
Mahindra & Mahindra Limited	Automobiles	1.33%	0.0%
Bharat Heavy Electricals Limited	Electrical Equipment	1.31%	0.0%
Glenmark Pharmaceuticals Limited	Pharmaceuticals & Biotechnology	1.28%	0.0%
Bharat Electronics Limited	Aerospace & Defense	1.27%	0.0%
Multi Commodity Exchange of India Limited	Capital Markets	1.25%	0.0%
Bank of Maharashtra	Banks	1.21%	0.0%
Divi's Laboratories Limited	Pharmaceuticals & Biotechnology	1.19%	0.0%
Oil & Natural Gas Corporation Limited	Oil	1.18%	0.0%
8.75% Bharti Telecom Limited 2028 · Bond	CRISIL AAA	1.15%
7.55% Power Finance Corporation Limited 2027 · Bond	CRISIL AAA	1.14%
Fortis Healthcare Limited	Healthcare Services	1.14%	0.0%
8.42% Muthoot Finance Limited 2029 (FRN) · Bond	CRISIL AA+	1.14%
7.8350% LIC Housing Finance Limited 2027 · Bond	CRISIL AAA	1.14%
8.52% Muthoot Finance Limited 2028 · Bond	CRISIL AA+	1.13%
6.9601% Mindspace Business Parks REIT 2028 · Bond	ICRA AAA	1.12%
7.24% Government of India 2055 · Government security	SOVEREIGN	1.08%
6.98% State Government Securities 2037 · State government security	SOVEREIGN	1.07%
Coal India Limited	Consumable Fuels	1.02%	0.0%
Aditya Birla Capital Limited	Finance	1.00%	0.0%
Torrent Pharmaceuticals Limited	Pharmaceuticals & Biotechnology	0.99%	0.0%
Indian Bank	Banks	0.96%	0.0%
Bosch Limited	Auto Components	0.96%	0.0%
UltraTech Cement Limited	Cement & Cement Products	0.95%	0.0%
Coforge Limited	IT - Software	0.93%	0.0%
Maruti Suzuki India Limited	Automobiles	0.93%	0.0%
Aditya Birla Sun Life AMC Limited	Capital Markets	0.91%	0.0%
Delhivery Limited	Transport Services	0.89%	0.0%
Infosys Limited	IT - Software	0.88%	0.0%
IDFC First Bank Limited	Banks	0.86%	0.0%
Bajaj Auto Limited	Automobiles	0.86%	0.0%
Radico Khaitan Limited	Beverages	0.84%	0.0%
Black Buck Ltd	Transport Services	0.80%	0.0%
8.3% JM Financial Services Limited 2027 · Bond	CRISIL AA	0.79%
Polycab India Limited	Industrial Products	0.79%	0.0%
The Phoenix Mills Limited	Realty	0.77%	0.0%
Hindustan Aeronautics Limited	Aerospace & Defense	0.77%	0.0%
Vishal Mega Mart Limited	Retailing	0.73%	0.0%
L&T Finance Limited	Finance	0.73%	0.0%
Indus Towers Limited	Telecom - Services	0.70%	0.0%
Marico Limited	Agricultural Food & other Products	0.67%	0.0%
Acutaas Chemicals Limited	Pharmaceuticals & Biotechnology	0.61%	0.0%
8.85% TVS Credit Services Limited 2027 · Bond	CRISIL AA+	0.57%
7.62% National Bank For Agriculture and Rural Development 2029 · Bond	CRISIL AAA	0.57%
7.29% Small Industries Dev Bank of India 2029 · Bond	CRISIL AAA	0.56%
7.73% Embassy Office Parks REIT 2029 · Bond	CRISIL AAA	0.56%
JSW Energy Limited	Power	0.55%	0.0%
Cummins India Limited	Industrial Products	0.54%	0.0%
7.25% State Government Securities 2037 · State government security	SOVEREIGN	0.54%
7.2% State Government Securities 2036 · State government security	SOVEREIGN	0.54%
DLF Limited	Realty	0.52%	0.0%
HDFC Asset Management Company Limited	Capital Markets	0.52%	0.0%
Mahanagar Gas Limited	Gas	0.48%	0.0%
Max Financial Services Limited	Insurance	0.41%	0.0%
8.95% 360 One Prime Limited 2027 · Bond	ICRA AA	0.34%
7.70% National Bank For Agriculture and Rural Development 2027 · Bond	ICRA AAA	0.28%
Arvind Fashions Limited	Retailing	0.22%	0.0%

Mahindra Manulife Balanced Advantage Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Laurus Labs Limited	Reduced	−18.8%	1.71%
IIFL Finance Limited	Sold out	−100%	was 0.53%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What Mahindra Manulife Balanced Advantage Fund bought and sold

Mahindra Manulife Balanced Advantage Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Mahindra Manulife Large & Mid Cap FundLarge & Mid Cap · Mahindra Manulife	53.5%	44	Compare
Axis Value FundValue and Contra · Axis	37.7%	32	Compare
Axis Large & Mid Cap FundLarge & Mid Cap · Axis	37.3%	31	Compare
Groww ELSS Tax Saver FundELSS · Groww	36.7%	33	Compare
Groww NIFTY 200 ETFETF · Groww	36.5%	49	Compare
Edelweiss Flexi Cap FundFlexi Cap · Edelweiss	36.4%	30	Compare
Kotak MSCI India ETFETF · Kotak Mahindra	36.4%	44	Compare
WhiteOak Capital Large & Mid Cap FundLarge & Mid Cap · WhiteOak Capital	36.4%	34	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Mahindra Manulife Balanced Advantage Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.85%
Expense ratio (Regular): 2.41%
Category: Balanced Advantage
Risk: Very High
Launch date: 30-12-2021
Minimum investment: ₹1,000
Minimum additional investment: ₹1,000
AUM: ₹878.76 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 149406
ISIN (Direct): INF174V01BE0
Scheme code (Regular): 149404
ISIN (Regular): INF174V01BB6
NAV history: From 03-01-2022, 4.8 years

Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index
Exit load: Exit load for units in excess of 10% of the investment 1% will be charged for redemption within 3 months.

Tax on Mahindra Manulife Balanced Advantage Fund returns

How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹15.6886	30-10-2026
direct	IDCW	₹12.5999	30-10-2026
regular	Growth	₹14.4233	30-10-2026
regular	IDCW	₹11.4224	30-10-2026

About Mahindra Manulife Balanced Advantage Fund

Mahindra Manulife Balanced Advantage Fund is a mutual fund from Mahindra Manulife Mutual Fund. Its category is Balanced Advantage. It was launched on 30-12-2021. Its benchmark is NIFTY 50 Hybrid Composite Debt 50:50 Index. At the end of September 2026 it held 79 securities.

Fund Manager

$ Mr. Hemang Kapasi
Fund manager of Mahindra Manulife Balanced Advantage Fund, since 25-09-2026
$ Mr. Neelesh Dhamnaskar
Fund manager of Mahindra Manulife Balanced Advantage Fund, since 16-02-2026
$ Mr. Rahul Pal
Fund manager of Mahindra Manulife Balanced Advantage Fund, since 30-12-2021
$ Mr. Amit Garg
Fund manager of Mahindra Manulife Balanced Advantage Fund, since 01-01-2026

See all funds of Mahindra Manulife Mutual Fund

AUM change

September 2026: ₹878.76 Cr; −4.79% from August 2026
August 2026: ₹922.99 Cr; +0.62% from July 2026
July 2026: ₹917.31 Cr; +1.48% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Mahindra Manulife Balanced Advantage Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Mahindra Manulife Balanced Advantage vs quant Dynamic Asset AllocationBalanced Advantage
Mahindra Manulife Balanced Advantage vs Aditya Birla Sun Life Balanced AdvantageBalanced Advantage
Mahindra Manulife Balanced Advantage vs Baroda BNP Paribas Balanced AdvantageBalanced Advantage
Mahindra Manulife Balanced Advantage vs Axis Balanced AdvantageBalanced Advantage
Mahindra Manulife Balanced Advantage vs WhiteOak Capital Balanced AdvantageBalanced Advantage
Mahindra Manulife Balanced Advantage vs Mahindra Manulife Large & Mid Cap53.5% overlap
Mahindra Manulife Balanced Advantage vs Axis Value37.7% overlap
Mahindra Manulife Balanced Advantage vs Axis Large & Mid Cap37.3% overlap

Compare with any other fund

Frequently Asked Questions for Mahindra Manulife Balanced Advantage Fund

What is the current NAV of Mahindra Manulife Balanced Advantage Fund?

The Direct plan NAV is ₹15.6886. The Regular plan NAV is ₹14.4233, as on 30-10-2026.

What are the returns of Mahindra Manulife Balanced Advantage Fund?

The Direct plan returned −0.70% in 1 year, +10.92% a year over 3 years. The Regular plan returned −2.29% in 1 year, +9.10% a year over 3 years. These figures are as on 30-10-2026.

What is the expense ratio of Mahindra Manulife Balanced Advantage Fund?

The Direct plan charges 0.85% a year. The Regular plan charges 2.41% a year. This is the figure the fund house reported to AMFI, in force from 23-10-2026.

What is the AUM of Mahindra Manulife Balanced Advantage Fund?

Mahindra Manulife Balanced Advantage Fund managed ₹878.76 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Mahindra Manulife Balanced Advantage Fund?

At the end of September 2026 the largest holdings were ICICIBANK (3.87%), 7.71% Government of India 2066 (3.41%), 8.52% Muthoot Finance Limited 2028 (2.83%), 7.44% National Bank For Agriculture and Rural Development 2029 (2.82%), BHARTIARTL (2.36%). The fund held 79 securities in all.

What did Mahindra Manulife Balanced Advantage Fund buy and sell in September 2026?

It sold out of 1: IIFL Finance Limited. It reduced 1.

How do I invest in Mahindra Manulife Balanced Advantage Fund?

Through Mahindra Manulife Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹1,000. You can invest once or through a monthly SIP.

Who is the fund manager of Mahindra Manulife Balanced Advantage Fund?

$ Mr. Hemang Kapasi (since 25-09-2026), $ Mr. Neelesh Dhamnaskar (since 16-02-2026), $ Mr. Rahul Pal (since 30-12-2021), $ Mr. Amit Garg (since 01-01-2026).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.