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OmniAsset › Mutual funds › Mahindra Manulife Balanced Advantage Fund

Mahindra Manulife Balanced Advantage Fund

Balanced Advantage fund benchmarked to Nifty 50 Hybrid Composite Debt 50: 50 Index TRI. Every figure below is read from one dated snapshot; what the snapshot cannot prove is left out, never estimated.

Latest NAV2 Sep 202611.8744
CategoryBalanced Advantage
PlanRegular · Idcw
Launched9 Dec 2021
Risk labelthe scheme's own riskometerVery High
Legal benchmarkSEBI Tier-1Nifty 50 Hybrid Composite Debt 50: 50 Index TRI
Expense ratiodirect plan, a year · stated maximum, from the scheme document2.21%
AUM₹2.30 Cr
Growth of ₹10,000₹11,8653 Jan 2022 to 2 Sep 2026
₹13,367₹12,335₹11,304₹10,273₹9,242Jan 2022Mar 2023May 2024Jul 2025Sep 2026
₹11,865 (+3.7% a year) Mahindra Manulife Balanced Advantage Fund

Performance (trailing, annualised)

1Y annualised-1.30%
3Y annualised1.62%

Point-to-point from the fund's own published NAV; a period the history does not span is left out.

SIP returns

SIP 1Y (₹10,000 a month)invested ₹1,20,000 → worth ₹1,19,802-0.30%
SIP 3Y (₹10,000 a month)invested ₹3,60,000 → worth ₹3,51,024-1.63%

₹10,000 on the first of every month, valued at the latest NAV, as an annualised rate (XIRR).

Calendar years

Calendar 202319.91%
Calendar 20245.21%
Calendar 2025-4.51%

Rolling returns

Rolling 1Y · average190 windows since 4 Jan 20235.45%
Rolling 1Y · median1.70%
Rolling 1Y · worst window-9.68%
Rolling 1Y · best window30.67%
Rolling 1Y · windows positive54%
Rolling 3Y · average86 windows since 6 Jan 20255.76%
Rolling 3Y · median6.39%
Rolling 3Y · worst window1.90%
Rolling 3Y · best window9.44%
Rolling 3Y · windows positive100%

Every window of that length in the published history, so one lucky start date cannot flatter the fund.

Risk

Volatility (3Y)13.08%
Downside deviation (3Y)11.17%
Maximum drawdown-20.92%

Management

Fund managerFM-1 Mr. Neelesh Dhamnaskar (Equity Portion), FM-2 Mr. Rahul Pal (Debt Portion), FM-3 Mr. Amit Garg (Debt Portion
Managing since3 Sep 2026

Related

Source: the OmniAsset signed reference snapshot, as of 4 Sep 2026. Figures are deterministic; missing data is withheld, never estimated. See methodology and data sources. Not investment advice.

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