Mahindra Manulife Balanced Advantage Fund Overview
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 19-11-2024
NAV ₹13.87(R) +0.28% ₹14.62(D) +0.29%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 20.01% -% -% -% -%
LumpSum (D) 22.08% -% -% -% -%
SIP (R) -5.98% -% -% -% -%
SIP (D) -4.28% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
Top Dynamic Asset Allocation or Balanced Advantage
Fund Name Rank Rating
Hdfc Balanced Advantage Fund 1
SBI Balanced Advantage Fund 2
Axis Balanced Advantage Fund 3
Icici Prudential Balanced Advantage Fund 4
Invesco India Balanced Advantage Fund 5

NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW 12.79
0.0400
0.2800%
Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW 13.52
0.0400
0.2900%
Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth 13.87
0.0400
0.2800%
Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth 14.62
0.0400
0.2900%

Review Date: 19-11-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It reflects the surge in the investment's value throughout the investment period, communicated as a percentage or a specific monetary sum. Our analysis encompassed four return parameters of this fund. We have organized the return parameters into three performance groups for evaluation: the top 25%, parameters that rank below the top 25% but above average, and parameters that are below average. Below, you'll find a breakdown of how each parameter has performed.
    1. Top 25%: One return parameter of the Mahindra Manulife Balanced Advantage Fund is in the top 25% in the category, as shown below:
      • 1Y Return %
    2. Above Average Below the Top 25%: Three return parameters of the Mahindra Manulife Balanced Advantage Fund are above average but below the top 25% in the category, as shown below:
      • 1M Return %
      • 3M Return %
      • 6M Return %
    3. Below Average: Mahindra Manulife Balanced Advantage Fund has no return parameters that are below average in the category.
  2. Risk: Various factors can lead to the risk of either not meeting expected returns or encountering a monetary loss. For Mahindra Manulife Balanced Advantage Fund, we have analyzed zero risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: Mahindra Manulife Balanced Advantage Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Mahindra Manulife Balanced Advantage Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Mahindra Manulife Balanced Advantage Fund does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated zero risk-adjusted performance parameters of the fund.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -1.88
-2.52
-5.71 | -0.47 11 | 34 Good
3M Return % -1.62
-1.70
-8.33 | 0.98 22 | 34 Average
6M Return % 4.82
4.44
-3.86 | 8.16 16 | 34 Good
1Y Return % 20.01
18.45
11.88 | 31.82 6 | 30 Very Good
1Y SIP Return % -5.98
-6.07
-16.14 | -0.41 19 | 30 Average
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -1.75 -2.41 -5.57 | -0.44 11 | 34
3M Return % -1.19 -1.37 -7.99 | 1.16 21 | 34
6M Return % 5.72 5.12 -2.97 | 8.80 16 | 34
1Y Return % 22.08 19.99 13.29 | 33.82 5 | 30
1Y SIP Return % -4.28 -4.79 -14.48 | 0.85 15 | 30
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.28 ₹ 10,028.00 0.29 ₹ 10,029.00
1W -0.54 ₹ 9,946.00 -0.50 ₹ 9,950.00
1M -1.88 ₹ 9,812.00 -1.75 ₹ 9,825.00
3M -1.62 ₹ 9,838.00 -1.19 ₹ 9,881.00
6M 4.82 ₹ 10,482.00 5.72 ₹ 10,572.00
1Y 20.01 ₹ 12,001.00 22.08 ₹ 12,208.00
3Y ₹ ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -5.98 ₹ 11,606.66 -4.28 ₹ 11,719.37
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mahindra Manulife Balanced Advantage Fund NAV Regular Growth Mahindra Manulife Balanced Advantage Fund NAV Direct Growth
19-11-2024 13.8725 14.6184
18-11-2024 13.8334 14.5764
14-11-2024 13.8322 14.5725
13-11-2024 13.8401 14.5801
12-11-2024 13.9474 14.6925
11-11-2024 14.0275 14.7762
08-11-2024 14.0843 14.8339
07-11-2024 14.1337 14.8854
06-11-2024 14.2281 14.984
05-11-2024 14.1094 14.8584
04-11-2024 14.0297 14.7737
31-10-2024 14.0492 14.7916
30-10-2024 14.0394 14.7805
29-10-2024 14.0483 14.7892
28-10-2024 13.9842 14.7211
25-10-2024 13.8992 14.6296
24-10-2024 13.9834 14.7175
23-10-2024 14.0017 14.7362
22-10-2024 13.9754 14.7078
21-10-2024 14.1388 14.8791

Fund Launch Date: 30/Dec/2021
Fund Category: Dynamic Asset Allocation or Balanced Advantage
Investment Objective: 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 be no assurance that the investment objective of the Scheme will be achieved.
Fund Description: An open ended dynamic asset allocation fund.
Fund Benchmark: Nifty 50 Hybrid Composite Debt 50: 50 Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.