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Fund Overview of Mahindra Manulife Balanced Advantage Fund Direct-idcw
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₹883.9 CrAUM
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₹12.68NAV
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0.88%Expense Ratio
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HybridFund Category
Minimum amount you can invest: ₹500
Maximum amount you can invest: ₹1,00,000
We have used a return rate of 15% for our calculations.
Returns of Mahindra Manulife Balanced Advantage Fund Direct-idcw
| Tenure | Absolute(%) | Annualised(%) | Category Average(%) |
|---|---|---|---|
| 3 Months | 5.76% | NA | 2.03% |
| 6 Months | 1.77% | NA | 8.29% |
| 1 Year | 3.48% | 3.48% | 2.86% |
| 2 Years | 10.95% | 5.33% | 14.51% |
| 3 Years | 44.09% | 12.95% | 13.46% |
Dividends are declared by the fund house based on the income generated from the underlying assets. While many mutual funds distribute dividends annually, the payout frequency ultimately depends on the fund house’s decision
Compare Mahindra Manulife Balanced Advantage Fund Direct-idcw with other mutual funds in the same category
Mahindra Manulife Balanced Advantage Fund Direct-idcw
HDFC Balanced Advantage Fund Direct-growth
HDFC Balanced Advantage Fund Direct-idcw
Asset Allocation
equities
71.06%debt instruments
21.47%other assets or cash equivalents
6.46%Mahindra Manulife Balanced Advantage Fund Direct-idcw is one Hybrid mutual fund offered by Mahindra Manulife Mutual Fund. Launched on 30 Dec 2021, the fund aims Capital Appreciation while generating income over medium to long term. Investments in a dynamically managed portfolio of equity and equity related instruments and debt and money market instruments. It manages assets worth ₹883.9 crore as on Sun May 31, 2026. The expense ratio stands at 0.88%. Fund Manager Manager Education Fund Manager Manager Education Fund Manager Manager EducationAbout Mahindra Manulife Balanced Advantage Fund Direct-idcw
The portfolio allocation consists of 71.06% in equities, 21.47% in debt instruments, 6.46% in other assets or cash equivalents.Managed by Manish Lodha, it has delivered a return of 3.48% in the last year, a total return since inception of 10.76%.
The latest dividend was declared on 11 Mar 2026 at 7.50% of face value.
To make well-planned investment decisions it makes sense to review best sip plan suited to long-term goals.
Key Metrics of Mahindra Manulife Balanced Advantage Fund Direct-idcw
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Standard Deviation10.27%
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Sharpe Ratio0.69%
Fund Details
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Top Performing Mutual Funds
| Fund Names | AUM (Cr) | 1M | 3M | 1Yr | 3Yr | 5Yr |
|---|---|---|---|---|---|---|
HDFC Balanced Advantage Fund Direct-growth  |
₹104,016 | 2.52% | 3.44% | 1.30% | 15.09% | 15.72% |
| HDFC Balanced Advantage Fund Direct-idcw |
₹104,016 | 2.52% | 3.44% | 1.30% | 15.09% | 15.72% |
| HDFC Balanced Advantage Fund Regular-growth |
₹104,016 | 2.48% | 3.30% | 0.71% | 14.40% | 15.01% |
| HDFC Balanced Advantage Fund Regular-idcw |
₹104,016 | 2.48% | 3.30% | 0.71% | 14.40% | 15.01% |
| Baroda Bnp Paribas Balanced Advantage Fund Direct-growth |
₹4,871 | 1.85% | 7.19% | 6.59% | 13.97% | 12.80% |
| Baroda Bnp Paribas Balanced Advantage Fund Direct-idcw |
₹4,871 | 1.85% | 7.19% | 6.59% | 13.97% | 12.80% |
| Aditya Birla Sun Life Dynamic Asset Allocation Omni Fof Direct-growth |
₹233 | 2.08% | 5.48% | 3.51% | 14.63% | 12.75% |
| Aditya Birla Sun Life Dynamic Asset Allocation Omni Fof Direct-idcw Half Yearly |
₹233 | 2.08% | 5.48% | 3.51% | 14.63% | 12.75% |
| Franklin India Dynamic Asset Allocation Active Fof Direct-growth |
₹1,224 | 1.80% | 3.70% | 1.05% | 11.81% | 12.58% |
| Franklin India Dynamic Asset Allocation Active Fof Direct-idcw |
₹1,224 | 1.80% | 3.70% | 1.05% | 11.81% | 12.58% |
growth is based on 1-month returns of the funds & Top fund are based on 3Y Returns
More funds from Mahindra Manulife Mutual Fund
| Fund Names | AUM (Cr) | 1M | 3M | 6M | 1Yr | 3Yr |
|---|---|---|---|---|---|---|
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Mahindra Manulife Balanced Advantage Fund Regular-growth
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₹884 | 1.98% | 5.33% | 0.95% | 1.80% | 11.08% |
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Mahindra Manulife Balanced Advantage Fund Direct-growth
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₹884 | 2.13% | 5.76% | 1.77% | 3.48% | 12.95% |
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Mahindra Manulife Balanced Advantage Fund Regular-idcw
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₹884 | 1.98% | 5.33% | 0.95% | 1.80% | 11.08% |
growth is based on 1-month returns of the fundsMutual Fund Calculator
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Top Mutual Funds
| Fund Names | AUM (Cr) | NAV | 3Yr | 5Yr | 10Yr |
|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund Regular-growth |
₹104,016 | ₹519.48 | 14.40% | 15.01% | 13.94% |
| HDFC Balanced Advantage Fund Direct-growth |
₹104,016 | ₹564.46 | 15.09% | 15.72% | 14.80% |
| HDFC Balanced Advantage Fund Direct-idcw |
₹104,016 | ₹43.34 | 15.09% | 15.72% | 14.80% |
| HDFC Balanced Advantage Fund Regular-idcw |
₹104,016 | ₹36.53 | 14.40% | 15.01% | 13.94% |
| ICICI Prudential Balanced Advantage-growth |
₹70,570 | ₹77.15 | 11.76% | 10.82% | 11.05% |
| ICICI Prudential Balanced Advantage Direct-growth |
₹70,570 | ₹86.51 | 12.42% | 11.50% | 11.91% |
| ICICI Prudential Balanced Advantage Direct-idcw |
₹70,570 | ₹29.37 | 12.42% | 11.50% | 11.91% |
| ICICI Prudential Balanced Advantage-idcw |
₹70,570 | ₹18.01 | 11.76% | 10.82% | 11.05% |
| SBI Balanced Advantage Fund Direct-growth |
₹40,673 | ₹16.54 | 11.92% | - | - |
| SBI Balanced Advantage Fund Regular-growth |
₹40,673 | ₹15.80 | 10.95% | - | - |
Detailed Portfolio
| Stocks | Sector | % of Holding | Value |
|---|---|---|---|
| Repo | Unspecified | 5.25% | ₹46.39 Cr |
| Icici Bank Ltd | Financial | 3.20% | ₹28.27 Cr |
| Muthoot Finance Limited Op I 8.52 Ncd 07ap28 Fvrs1lac | Financial | 2.82% | ₹24.94 Cr |
| National Bank For Agriculture And Rural Development Sr 25e 7.53 Bd 24mr28 Fvrs1lac | Financial | 2.81% | ₹24.87 Cr |
| Reliance Industries Ltd | Energy & Utilities | 2.47% | ₹21.80 Cr |
| Hdfc Bank Ltd | Financial | 2.45% | ₹21.68 Cr |
| Bharti Airtel Ltd | Technology | 2.44% | ₹21.58 Cr |
| Government Of India 36185 Goi 07jl40 6.68 Fv Rs 100 | Entities | 2.19% | ₹19.34 Cr |
| Axis Bank Ltd | Financial | 2.18% | ₹19.30 Cr |
| Indusind Bank Ltd | Financial | 2.13% | ₹18.84 Cr |
| Jindal Steel & Power Ltd | Materials | 1.91% | ₹16.88 Cr |
| State Bank Of India | Financial | 1.90% | ₹16.78 Cr |
| Zomato Ltd | Technology | 1.72% | ₹15.16 Cr |
| Apollo Hospitals Enterprise Ltd | Healthcare | 1.71% | ₹15.13 Cr |
| Laurus Labs Ltd | Healthcare | 1.70% | ₹14.98 Cr |
| Indus Towers Ltd | Technology | 1.68% | ₹14.85 Cr |
| Bharat Heavy Electricals Ltd | Industrials | 1.65% | ₹14.59 Cr |
| Coal India Ltd | Materials | 1.64% | ₹14.47 Cr |
| Ultratech Cement Ltd | Materials | 1.64% | ₹14.47 Cr |
| Bajaj Finance Ltd | Financial | 1.52% | ₹13.40 Cr |
Top Hybrid Funds
| Fund Names | NAV | 3Yr | 5Yr | 52 weeks high |
|---|---|---|---|---|
| HDFC Balanced Advantage Fund Direct-growth |
₹564.46 | 15.09% | 15.72% | - |
| HDFC Balanced Advantage Fund Direct-idcw |
₹43.34 | 15.09% | 15.72% | - |
| HDFC Balanced Advantage Fund Regular-growth |
₹519.48 | 14.40% | 15.01% | - |
| HDFC Balanced Advantage Fund Regular-idcw |
₹36.53 | 14.40% | 15.01% | - |
| Baroda Bnp Paribas Balanced Advantage Fund Direct-growth |
₹28.23 | 13.97% | 12.80% | - |
| Baroda Bnp Paribas Balanced Advantage Fund Direct-idcw |
₹17.87 | 13.97% | 12.80% | - |
| Aditya Birla Sun Life Dynamic Asset Allocation Omni Fof Direct-growth |
₹60.67 | 14.63% | 12.75% | - |
| Aditya Birla Sun Life Dynamic Asset Allocation Omni Fof Direct-idcw Half Yearly |
₹55.56 | 14.63% | 12.75% | - |
| Franklin India Dynamic Asset Allocation Active Fof Direct-growth |
₹187.77 | 11.81% | 12.58% | - |
| Franklin India Dynamic Asset Allocation Active Fof Direct-idcw |
₹48.23 | 11.81% | 12.58% | - |
growth is based on 5Y returns of the funds
Frequently Asked Questions
Mahindra Manulife Balanced Advantage Fund Direct-idcw
What is the current AUM of Mahindra Manulife Balanced Advantage Fund Direct-idcw?
As of Sun May 31, 2026, Mahindra Manulife Balanced Advantage Fund Direct-idcw manages assets worth ₹883.9 crore
How has Mahindra Manulife Balanced Advantage Fund Direct-idcw performed recently?
- 3 Months: 5.76%
- 6 Months: 1.77%
What is the long-term performance of Mahindra Manulife Balanced Advantage Fund Direct-idcw?
- 3 Years CAGR: 12.95%
- Since Inception: 10.76%
What is the portfolio composition of Mahindra Manulife Balanced Advantage Fund Direct-idcw?
Equity: 71.06%, Debt: 21.47%, Others: 6.46%.
Who manages Mahindra Manulife Balanced Advantage Fund Direct-idcw?
Mahindra Manulife Balanced Advantage Fund Direct-idcw is managed by Manish Lodha from Mahindra Manulife Mutual Fund.
When was the last dividend declared by Mahindra Manulife Balanced Advantage Fund Direct-idcw?
Latest dividend was declared on 11 Mar 2026 at 7.50% of face value.
What is the market-cap allocation of Mahindra Manulife Balanced Advantage Fund Direct-idcw?
Large Cap: 56.35%, Mid Cap: 34.42%, Small Cap: 9.23%.
Which are the top companies Mahindra Manulife Balanced Advantage Fund Direct-idcw has invested in?
- Repo – 5.25% of the fund's portfolio
- ICICI Bank Ltd – 3.20% of the fund's portfolio
- MUTHOOT FINANCE LIMITED OP I 8.52 NCD 07AP28 FVRS1LAC – 2.82% of the fund's portfolio
- NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25E 7.53 BD 24MR28 FVRS1LAC – 2.81% of the fund's portfolio
- Reliance Industries Ltd – 2.47% of the fund's portfolio
Which are the major sectors Mahindra Manulife Balanced Advantage Fund Direct-idcw focuses on?
- Financial – 19.01% of the fund's portfolio
- Technology – 5.84% of the fund's portfolio
- Unspecified – 5.25% of the fund's portfolio
- Materials – 5.19% of the fund's portfolio
- Healthcare – 3.41% of the fund's portfolio
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