Can I invest in SIP and Lumpsum in Mahindra Manulife Balanced Advantage Fund-Dir (G) Direct Growth?

Yes, you can invest both lumpsum and SIP in Mahindra Manulife Balanced Advantage Fund-Dir (G). Minimum lumpsum investment Mahindra Manulife Balanced Advantage Fund-Dir (G) is ₹1,000 and minimum SIP amount is ₹500 . Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

Which are the biggest stock holdings of Mahindra Manulife Balanced Advantage Fund-Dir (G)?

The 5 biggest stock holdings of Mahindra Manulife Balanced Advantage Fund-Dir (G) are: Reliance Industr (6.64%), Bajaj Finance (4.66%), HDFC Bank (3.81%), Divi's Lab. (2.41%), UltraTech Cem. (2.04%)

What are the top sectors Mahindra Manulife Balanced Advantage Fund-Dir (G) invests in?

A majority of Mahindra Manulife Balanced Advantage Fund-Dir (G) 's AUM worth ₹864.15 (Cr) is invested in these 3 top sectors: Debt : 31.18% Cash & Others : 12.77% Banks : 12.58%

Mutual Funds
AMC
Mahindra Manulife Balanced Advantage Fund-Dir (G)

Mahindra Manulife Balanced Advantage Fund-Dir (G)

Q: What is the NAV of Mahindra Manulife Balanced Advantage Fund-Dir (G) Direct Growth?

The latest NAV ( Net Asset Value ) of Mahindra Manulife Balanced Advantage Fund-Dir (G) is Mahindra Manulife Balanced Advantage Fund-Dir (G) is ₹14.62 as on 2025-04-17.

Dynamic Asset Allocation or Balanced Advantage

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NAV
14.62(0.74%)
Fund Size (CR)
₹864.15
Expense Ratio
0.6
Scheme Type
Active Fund
Value Research

Min. investment
₹1,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹500
Minimum Withdrawal
₹1,000
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
1%
Return Since Launch
11.96%

Absolute Return: 0.11%

Annualized Return: 0%

Basic Details

Scheme Manager

Manish Lodha

Bench Mark

Nifty 50 Hybrid Composite Debt 50:50 Index

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	9 April 2025	10342.22	3.42%	-	2.84%	23/147
1 Month	13 March 2025	10482.82	4.83%	-	3.47%	9/147
3 Month	16 January 2025	9984.66	-0.15%	-	-0.46%	89/145
6 Month	16 October 2024	9620.86	-3.79%	-	-4.26%	87/145
1 Year	16 April 2024	10695.67	6.96%	6.96%	6.11%	76/141
3 Year	13 April 2022	14314.23	43.14%	12.65%	10.97%	16/107
5 Year	-	-	0%	-	14.99%	-/-
Since Inception	30 December 2021	14512.20	45.12%	11.96%	10.31%	44/147

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	2 May 2024	1,20,000	120404.78	0.34%	0.34%
3 Year	2 May 2022	3,60,000	440544.07	22.37%	6.96%
5 Year	-	-	-	-	-
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

2.55%

Standard Deviation

0.59%

Beta

0.73%

Sharpe Ratio

0.01%

Treynor's Ratio

4.09%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
Reliance Industr	6.64%	450000	57.38	Equity	Refineries
Bajaj Finance	4.66%	45000	40.26	Equity	Finance
HDFC Bank	3.81%	180000	32.91	Equity	Banks
Divi's Lab.	2.41%	36000	20.79	Equity	Pharmaceuticals
UltraTech Cem.	2.04%	15300	17.61	Equity	Cement
REC Ltd	2.01%	405000	17.38	Equity	Finance
Trent	2.00%	32400	17.25	Equity	Retail
ICICI Bank	1.97%	126000	16.99	Equity	Banks
Interglobe Aviat	1.81%	30500	15.60	Equity	Air Transport Service
Indus Towers	1.81%	468000	15.65	Equity	Telecomm Equipment & Infra Services

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Mahindra Manulife Balanced Advantage Fund-Dir (G)	864.15	4.83%	-0.15%	-3.79%	6.96%	12.65%
AXIS Balanced Advantage Fund - Direct (IDCW)	2807.81	3.38%	0.96%	-1.40%	13.86%	14.25%
AXIS Balanced Advantage Fund - Direct (G)	2807.81	3.32%	0.95%	-1.41%	13.82%	14.27%
WhiteOak Capital Balanced Advantage Fund - Dir (G)	1387.66	4.58%	1.10%	-1.09%	13.01%	-
UTI-Unit Linked Insurance Plan - Direct	5352.11	4.02%	2.07%	0.64%	12.92%	8.56%
DSP Dynamic Asset Allocation Fund -Dir (G)	3216.51	3.41%	2.30%	0.42%	12.73%	11.91%

List of Schemes under Mahindra Manulife Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
Mahindra Manulife Multi Cap Fund	Equity	Very High	7.58%	2	₹4,883.18
Mahindra Manulife Large Cap Fund	Equity	Very High	9.27%	4	₹610.68
Mahindra Manulife Large & Mid Cap Fund	Equity	Very High	0.91%	3	₹2,415.40
Mahindra Manulife Mid Cap Fund	Equity	Very High	7.97%	4	₹3,397.92
Mahindra Manulife Small Cap Fund	Equity	Very High	4.48%	0	₹3,463.73
Mahindra Manulife Value Fund	Equity	Very High	0%	0	₹280.84
Mahindra Manulife Focused Fund	Equity	Very High	7.58%	4	₹1,971.36
Mahindra Manulife Consumption Fund	Equity	Very High	8.19%	2	₹445.91
Mahindra Manulife Business Cycle Fund	Equity	Very High	6.36%	0	₹1,128.52
Mahindra Manulife Manufacturing Fund	Equity	Very High	0%	0	₹806.50
Mahindra Manulife ELSS Tax Saver Fund	Equity	Very High	7.15%	3	₹895.31
Mahindra Manulife Overnight Fund	Debt	Low	6.61%	3	₹76.36
Mahindra Manulife Liquid Fund	Debt	Moderate	7.41%	5	₹1,025.78
Mahindra Manulife Ultra Short Duration Fund	Debt	Moderately Low	7.9%	4	₹217.41
Mahindra Manulife Low Duration Fund	Debt	Moderate	8.37%	3	₹556.77
Mahindra Manulife Short Duration Fund	Debt	Moderate	9.81%	3	₹75.10
Mahindra Manulife Dynamic Bond Fund	Debt	Moderate	11.14%	2	₹77.75
Mahindra Manulife Aggressive Hybrid Fund	Hybrid	Very High	13.11%	4	₹1,566.53
Mahindra Manulife Balanced Advantage Fund	Hybrid	Moderately High	6.96%	3	₹864.15
Mahindra Manulife Multi Asset Allocation Fund	Hybrid	High	11.24%	0	₹566.11
Mahindra Manulife Arbitrage Fund	Hybrid	Low	6.64%	2	₹103.66
Mahindra Manulife Equity Savings Fund	Hybrid	Moderately High	6.86%	3	₹557.01
Mahindra Manulife Asia Pacific REITs FOF	Other	Very High	9.11%	0	₹23.82
Mahindra Manulife Flexi Cap Fund	Equity	Very High	8.23%	3	₹1,401.56

News

Mahindra Manulife Mutual Fund announces Change in Designation of Key Personnel
Mahindra Manulife Mutual Fund has announced note that, Mr. Ashwani Wadhwa and Mr. Nitesh Chhabra have been redesignated as 'Co- Head ' Distribution' and shall also act as Key Personnel of MMIMPL with effect from December 23, 2024.
Details of Mr. Ashwani Wadhwa
Designation: Co - Head - Distribution
Details of Mr. Nitesh Chhabra
Designation: Co - Head - Distribution
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Mahindra Manulife MF announces change in Fund Manager of the following schemes

Mahindra Manulife Mutual Fund has announced change in Fund Managers of the following scheme with effect from: 01 January 2025

Change in Fund Managers of the Scheme:

Scheme Name	Existing Fund Manager(s)	New Fund Manager(s)
Mahindra Manulife Business Cycle Fund	Mr. Krishna Sanghavi Mr. Renjith Sivaram Mr. Pranav Patel(#)	Mr. Krishna Sanghavi Mr. Renjith Sivaram
Mahindra Manulife Manufacturing Fund	Mr. Renjith Sivaram Mr. Manish Lodha Mr. Pranav Patel(#)	Mr. Renjith Sivaram Mr. Manish Lodha
Mahindra Manulife Asia Pacific REITs FOF	Mr. Pranav Patel(#) Mr. Amit Garg	Mr. Krishna Sanghavi Mr. Amit Garg
Mahindra Manulife Equity Savings Fund	Mr. Manish Lodha Mr. Renjith Sivaram Mr. Rahul Pal Mr. Pranav Patel(#)	Mr. Manish Lodha Mr. Renjith Sivaram Mr. Rahul Pal
Mahindra Manulife Multi Asset Allocation Fund	Mr. Renjith Sivaram Mr. Rahul Pal Mr. Pranav Patel(#)	Mr. Renjith Sivaram Mr. Rahul Pal
Mahindra Manulife Short Duration Fund	Mr. Rahul Pal Mr. Pranav Patel(#)	Mr. Rahul Pal

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Mahindra Manulife MF announces change in Fund Manager of the following scheme
Mahindra Manulife Mutual Fund has announced change in Fund Managers of the following scheme with effect from: 23 December 2024
Change in Fund Managers of the Scheme:

Scheme Name Existing Fund Manager(s) New Fund Manager(s)

Mahindra Manulife Small Cap Fund Mr. Krishna Sanghavi
Mr. Manish Lodha Mr. Vishal Jajoo
Mr. Krishna Sanghavi
Mr. Manish Lodha

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Scheme Name	Existing Fund Manager(s)	New Fund Manager(s)
Mahindra Manulife Small Cap Fund	Mr. Krishna Sanghavi Mr. Manish Lodha	Mr. Vishal Jajoo Mr. Krishna Sanghavi Mr. Manish Lodha

Fund House Details & Investment Objective

Date of Incorporation

9 December 2021

Total AUM (Cr)

₹864.15

Mahindra Manulife Balanced Advantage Fund-Dir (G) is an Dynamic Asset Allocation or Balanced Advantage-oriented fund from the renowned AMC, Mahindra Manulife Mutual Fund. Launched in 9 December 2021, this fund is managed by Manish Lodha. With assets under management (AUM) worth ₹864.15 (Cr), as of 17 April 2025, Mahindra Manulife Balanced Advantage Fund-Dir (G) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 11.96% since its launch.
The current NAV of Mahindra Manulife Balanced Advantage Fund-Dir (G) is ₹14.62, as on 17 April 2025. The fund's benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index. You can invest in Mahindra Manulife Balanced Advantage Fund-Dir (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹1,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
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. 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. The fund has generated 12.65% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 67.35% in Equity, 22.29% in Debt and 10.36% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 31.18% in Debt, 12.77% in Cash & Others, 12.58% in Banks, 7.11% in Petroleum Products, 5.85% in Finance

FAQs

How to Invest in Mahindra Manulife Balanced Advantage Fund-Dir (G) Direct Growth?

Mahindra Manulife Balanced Advantage Fund-Dir (G) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 11.96% since inception. Looking to invest in Mahindra Manulife Balanced Advantage Fund-Dir (G) How about earning 1% extra return? All this is possible with m.Stock! Investing in Mahindra Manulife Balanced Advantage Fund-Dir (G) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage on Mutual Funds, Delivery & IPO.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, Mahindra Manulife Balanced Advantage Fund-Dir (G)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Use the Lumpsum Calculator to estimate returns, then enter the investment amount, select the payment mode mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route: Utilize the SIP Calculator to forecast potential growth, then enter the SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Mahindra Manulife Balanced Advantage Fund-Dir (G) today and reap the benefits of this Dynamic Asset Allocation or Balanced Advantage fund!

How much returns has Mahindra Manulife Balanced Advantage Fund-Dir (G) Direct Growth generated?

In the short term, i.e., 1 year, Mahindra Manulife Balanced Advantage Fund-Dir (G) has generated annualised return of 6.96%. In the long-term, the fund has generated 12.65% and - in 3 and 5 years respectively. Since its inception, the fund has generated 11.96% returns.

What is the expense ratio of Mahindra Manulife Balanced Advantage Fund-Dir (G) Direct Growth?

The expense ratio of Mahindra Manulife Balanced Advantage Fund-Dir (G) Direct Growth is 0.60%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Mahindra Manulife Balanced Advantage Fund-Dir (G) Fund Direct Growth?

The Assets Under Management (AUM) of Mahindra Manulife Balanced Advantage Fund-Dir (G) is ₹864.15 (Cr) as of 2025-04-17 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Mahindra Manulife Balanced Advantage Fund-Dir (G) Direct Growth?

Redeeming or selling units of Mahindra Manulife Balanced Advantage Fund-Dir (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Mahindra Manulife Balanced Advantage Fund-Dir (G):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case Mahindra Manulife Balanced Advantage Fund-Dir (G)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).