Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 30.19 | N/A | N/A | N/A |
Average Rolling Returns(%) | 12.68 | N/A | N/A | N/A |
The Current NAV of Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth is ₹13.16.
It is better to invest in a fund with a longer track record as Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 50 returns, as Funds portfolio is significantly different.
Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth fund’s expense ratio is 2.32%
The process for redemption is
The AUM of Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth is currently ₹703 Crores.
The Top three stocks are Reliance Industries, Coal India and NTPC and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 20% and 31% of fund’s portfolio respectively.
Top three sectors of Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth fund are Others, Miscellaneous and BFSI accounting for 51% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Balanced Advantage it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth Fund is Hybrid - Balanced Advantage.
Manish Lodha and Fatema Pacha manage the Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth Fund.
Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth current PE ratio is 30.84 and PB ratio is 5.41
The asset allocation of Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth is Stocks : 62.32%, Debt : 44.54% and Gold : -6.82%
The minimum SIP amount for Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth is ₹500.00 and minimum lumpsum is ₹1000.00
The exit load for Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth is Nil upto 10% of units and 1% for remaining units on or before 3 months, Nil after 3 months