Rating : N/A

Mahindra Manulife Balanced Advantage Yojana Regular Growth

Hybrid

  

Balanced Advantage

NAV

9.4437 +0.0509

(as on 27 Jun, 2022)

RETURNS

NA

Fund Type

Open Ended

Investment Plan

Growth

Expense Ratio

2%

Asset Size

623.79 Cr.

(As of 31 May, 2022)

Benchmark

Nifty 50 Hybrid Composite Debt 50:50

Riskometer

Investors understand that their principal will be at Risk.

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

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Fund manager

Rahul Pal

Exit load

1 %

(If redeemed within 90 days)

Minimum sip

₹500

Minimum investment

₹1000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Reliance Industries Ltd

5.28%

ICICI Bank Ltd

5.10%

State Bank of India

4.57%

Infosys Ltd

3.64%

Sector Allocation

About the Scheme Type

Balanced Advantage Funds are open ended dynamic asset allocation funds which dynamically invest in the debt and equity part of the corpus as per the market conditions. The waythis works is if the market is very high or overvalued, they’ll have lower equity exposure and if the market is undervalued or rightly-priced, they’ll increase their equity exposure. The fund aims to benefit from the market fluctuations and give attractivereturns to the investors.

Ratings

This fund is rated 0 stars by Morning Star Ratings.

N/A

Overview of Mahindra Manulife Investment Management Pvt Ltd

Mahindra Mutual Fund has been constituted as a trust in accordance with the provisions of the Indian Trusts Act, 1882, as per the terms of the trust deed dated September 29, 2015 between the Mahindra and Mahindra Financial Services Limited as the Sponsor and Mahindra Trustee Company Private Limited, as the Trustee. The Trust Deed has been registered under the Indian Registration Act, 1908. Mahindra Mutual Fund has been registered with SEBI, under registration code MF/069/16/01.

Mahindra Asset Management Company Private Limited, a company incorporated under the Companies Act, 1956, is the Investment Manager for Mahindra Mutual Fund. It is a wholly owned subsidiary of Mahindra and Mahindra Financial Services Limited (MMFSL). Mahindra Mutual Fund endeavours to offer a variety of mutual fund schemes pan-India, with special focus in rural and semi-urban areas.

Vision statement of Mahindra Mutual Fund – To be a leading provider of financial services in the rural and semi-urban areas of India.

Mission statement of Mahindra Mutual Fund – To transform rural lives and drive positive change in the communities.