Mahindra Manulife Investment Management Pv

Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth

As on 23 Oct 2026

Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth

Q: How much expense ratio is charged by Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth?

The expense ratio for Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 23 Oct 2026, the expense ratio charged by Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth is typically around 2.49 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth?

As of 23 Oct 2026, the Assets Under Management (AUM) of Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth is approximately ₹878.7619 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth?

The Net Asset Value (NAV) of Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth is updated daily and reflects the per-unit value of the fund's assets. As of 23 Oct 2026 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth?

The PE ratio for Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth is 27.81 and the PB ratio is 4.73. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth?

The exit load for Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth is 1% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Hybrid

NAV

₹ 15.35

CAGR (3 Years)

10.25%

AUM (Cr)

₹ 878.76

Risk

Moderately High Risk

About Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth

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

Breakdown of this Fund

Aerospace & Defence

4.08%

Alcoholic Beverages

1.67%

Auto Ancillaries

1.94%

Automobile

6.44%

Banks

33.30%

Cables

1.68%

Capital Goods - Electrical Equipment

2.64%

Capital Goods-Non Electrical Equipment

1.09%

Cement

1.89%

Crude Oil & Natural Gas

2.34%

Debt Others

38.16%

Derivatives - Index

0.12%

Diamond, Gems and Jewellery

2.84%

E-Commerce/App based Aggregator

4.35%

Finance

10.78%

Financial Services

2.48%

FMCG

1.34%

Gas Distribution

0.95%

Govt. Securities

12.01%

Healthcare

5.92%

Infrastructure Developers & Operators

2.72%

IT - Software

6.71%

Logistics

3.37%

Mining & Mineral products

1.94%

Pharmaceuticals

14.54%

Power Generation & Distribution

1.10%

Realty

2.52%

Refineries

4.51%

Retail

4.23%

Steel

3.62%

Telecom Equipment & Infra Services

1.40%

Telecom-Service

4.68%

Trading

0.46%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

2.49

Exit Load

10% of the units allotted shall be redeemed without any exit load, on or before ...

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.