Mahindra Manulife Balanced Advantage Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

It is better to invest in a fund with a longer track record as Mahindra Manulife Balanced Advantage Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 50 returns, as Funds portfolio is significantly different.

The process for redemption is

• Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
• You will get information about the redemption and the NAV at which redeemed.
• The amount will be deposited in the designated bank account.

The AUM of Mahindra Manulife Balanced Advantage Fund - Growth - Direct Plan is currently ₹890 Crores.

The Top three stocks are HDFC Bank, Reliance Industries and ITC and account for 11% of its portfolio. Top 5 and 10 stocks of fund account for 15% and 25% of fund’s portfolio respectively.

Top three sectors of Mahindra Manulife Balanced Advantage Fund - Growth - Direct Plan fund are Others, Miscellaneous and BFSI accounting for 64% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Balanced Advantage it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Mahindra Manulife Balanced Advantage Fund - Growth - Direct Plan Fund is Hybrid - Balanced Advantage.

Manish Lodha and Fatema Pacha manage the Mahindra Manulife Balanced Advantage Fund - Growth - Direct Plan Fund.

Mahindra Manulife Balanced Advantage Fund - Growth - Direct Plan current PE ratio is 46.78 and PB ratio is 9.98

The asset allocation of Mahindra Manulife Balanced Advantage Fund - Growth - Direct Plan is Stocks : 60.23%, Debt : 57.34% and Gold : -17.62%

The minimum SIP amount for Mahindra Manulife Balanced Advantage Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹1000.00

The exit load for Mahindra Manulife Balanced Advantage Fund - Growth - Direct Plan is Nil upto 10% of units and 1% for remaining units on or before 3 months, Nil after 3 months