Mahindra Manulife Balanced Advantage Fund

Balanced Advantage
FUND SIZE (IN CR.)
₹ 907.26

ABOUT THIS FUND

ICICI Prudential Mutual Fund is the second-largest mutual fund company in India in terms of assets under management (AUM). It was established in 1993 as ICICI Prudential Asset Management Company Limited, a part of the ICICI Group. In 1998, Prudential plc, one of the largest financial services companies in the United Kingdom (UK), joined as a joint venture (JV) partner. ICICI Bank holds a 51% stake in the JV, while Prudential plc holds 49%. With an experience of over two decades, ICICI Prudential Mutual Fund also offers Portfolio Management Services (PMS). It has a presence across over 297 locations and serves an investor base of more than 1.19 crore investors (as of September 30, 2024). As of June 30, 2025, ICICI Prudential

NAV (Net Asset Value)
13.7651 0.6773 (0.0926%)
as of 2026-03-20T00:00:00.000Z
1M3M6M1Y3Y5Y
SCHEME DETAILS
Exit Load
EXIT LOAD
0%
Expense Ratio
EXPENSE RATIO
2.22
Fund Age
LAUNCH
2021-12-30 00:00:00.000
AUM
AUM (FUND SIZE)
₹ 907.26 Cr
Min Investment
MIN. INVESTMENT
SIP ₹ & Lumpsum ₹1000
Last Doubled
LAST DOUBLED IN
2 yr 1 m
Benchmark
BENCHMARK
BSE Healthcare TRI
Riskometer
RISKOMETER
Very High
SCHEME DETAILS
INVESTMENTS RETURN
₹ 1,00,000
would have given a return of
₹ 0
Bank Account
₹ 0
Fixed Deposit
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This Mutual Fund
1Y 2Y 3Y 4Y 5Y
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PEER FUNDS

No related funds found.

FUND INFORMATION

Mahindra Manulife Balanced Advantage Fund

Open ended scheme

Growth

₹ 907.26

2.22%

8.09%

2026-03-20T00:00:00.000Z


NIFTY Midcap 150 Total Return Index

0

AMC INFORMATION

Mahindra Manulife Mutual Fund

₹ 907.26

26


Unit No. 204, 2nd Floor, Amiti BuildingPiramal Agastya Corporate Park, LBS Road, Kamani Junction, Kurla (W)Mumbai - 400070

022-66327900

SCHEME HOLDING SUMMARY
61.88%
Banks 17.94%
Pharmaceuticals & Biotechnology 5.83%
IT - Software 5.16%
Ferrous Metals 4.1%
Cement & Cement Products 4.09%
Capital Markets 3.52%
Automobiles 3.26%
Healthcare Services 2.93%
Telecom - Services 2.56%
Triparty Repo 61.51 Cr
ICICI Bank Limited 31.03 Cr
Net Receivables / (Payables) 28.78 Cr
JSW Steel Limited 28.48 Cr
Indus Towers Limited 28.21 Cr
HDFC Bank Limited 26.37 Cr
UltraTech Cement Limited 26.11 Cr
State Bank of India 25.84 Cr
8.52% Muthoot Finance Limited 2028 ** 25.31 Cr
7.53% National Bank For Agriculture and Rural Development 2028 ** 25.22 Cr

FAQs

How to Invest in Mahindra Manulife Balanced Advantage Fund?

You can invest in Mahindra Manulife Balanced Advantage Fund seamlessly on RingMoney. The process is quick, paperless, and takes just a few minutes:

  • Log in to your RingMoney account.
  • Search for  Mahindra Manulife Balanced Advantage Fund in the search bar.
  • Complete your KYC (if not already done). It’s free, fully online, and usually takes only a few minutes.
  • Once verified, you can start investing in the fund either through a SIP (Systematic Investment Plan) or a lumpsum, based on your goals and risk appetite.

The NAV of Mahindra Manulife Balanced Advantage Fund is ₹13.7651 as of 2026-03-20T00:00:00.000Z

The Mahindra Manulife Balanced Advantage Fund has an expense ratio of 2.22, which reflects the fund’s management and operating costs. This percentage is subtracted from the fund’s annual returns, impacting net returns for investors.

The best way to invest inMahindra Manulife Balanced Advantage Fund depends on your financial goals and risk appetite:

* If you want to build wealth gradually and reduce the impact of market ups and downs, starting a SIP (Systematic Investment Plan) is usually recommended.

* If you have a lumpsum amount available and plan to stay invested for the long term (5+ years), a one-time lumpsum investment can also be effective.

On RingMoney, you have the flexibility to choose either SIP or lumpsum, making it easy to align the investment with your personal objectives.

If you wish to sell your Mahindra Manulife Balanced Advantage Fund holdings, simply go to the holdings section on the RingMoney app or website and select the fund. You will see two options – Redeem and Invest More. Click on Redeem and enter the amount you want to withdraw, or select the Redeem All option if you want to sell your entire holding.

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