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Mahindra Manulife Balanced Advantage Yojana - Regular Plan download report


Suitability:

"When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.

These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years."

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Mahindra Manulife Balanced Advantage Yojana Reg-G -- 0.03 1.19 -2.73 -4.96 -- -- -- -- -- --
VR Balanced TRI -- -0.07 1.28 -4.08 -8.08 -- -- -- -- -- --
Hybrid: Dynamic Asset Allocation -- -0.05 0.86 -2.46 -4.98 -- -- -- -- -- --
Rank within category -- 6 7 18 15 -- -- -- -- -- --
Number of funds in category 25 26 26 26 26 25 22 18 11 9 4

As on 30-Jun-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mahindra Manulife Balanced Advantage Yojana - Regular Plan
Unrated
Dec-21 -- -- -- 2.37% 624
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 5.75 10.62 9.54 1.62% 40,146
ICICI Prudential Asset Allocator (FOF) Fund  | Invest Now
4 star
Dec-03 5.53 11.43 10.33 1.37% 15,824
Kotak Balanced Advantage Fund - Regular Plan  | Invest Online
4 star
Aug-18 0.58 9.15 -- 1.72% 13,667
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
Aug-09 0.72 12.15 9.94 1.82% 8,046

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.85 07-Mar-2022 - 14-Mar-2022 -4.01 09-Jun-2022 - 16-Jun-2022
Month 6.69 07-Mar-2022 - 06-Apr-2022 -5.93 13-Apr-2022 - 13-May-2022
Quarter 2.48 07-Mar-2022 - 06-Jun-2022 -5.95 21-Mar-2022 - 20-Jun-2022
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Mahindra Manulife Balanced Advantage Yojana Reg-G -- -- -- -- -- --
VR Balanced TRI* 12.85 17.98 0.52 0.62 -- --
Hybrid: Dynamic Asset Allocation* 9.65 12.46 0.50 0.60 0.63 0.27
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-May-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 50
Top 10 Holdings (%) 35.48
Top 5 Holdings (%) 23.07
Top 3 Sectors (%) 36.18
Portfolio P/B Ratio 2.46
Portfolio P/E Ratio 16.97
Avg Credit Rating GOI/Cash

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 5.74% GOI 15/11/2026 GOI Securities SOV 0.00 - 2.91 2.73
up 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 3.39 2.64
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 2.51 2.36
equal Export-Import Bank 24/03/2023 Certificate of Deposit A1+ 0.00 - 2.41 2.29
equal Reserve Bank of India 182-D 09/06/2022 Treasury Bills SOV 0.00 - 1.72 1.60
equal Reserve Bank of India 182-D 07/07/2022 Treasury Bills SOV 0.00 - 1.71 1.60
new Reserve Bank of India 182-D 25/08/2022 Treasury Bills SOV 0.00 - 1.59 1.59
equal Reserve Bank of India 182-D 21/07/2022 Treasury Bills SOV 0.00 - 1.71 1.59
new Reserve Bank of India 364-D 19/01/2023 Treasury Bills SOV 0.00 - 1.55 1.55
equal Axis Bank 2023 Certificate of Deposit A1+ 0.00 - 1.61 1.54
equal LIC Housing Fin. 165-D 11/10/2022 Commercial Paper A1+ 0.00 - 0.82 0.79

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Reliance Industries Energy 28.91 6.97 0.00 6.97
equal ICICI Bank Financial 19.58 5.68 0.00 4.94
up Infosys Technology 27.81 4.56 0.00 4.31
equal State Bank of India Financial 11.75 4.57 0.00 4.12
new Ambuja Cements Materials 28.92 2.72 0.00 2.72
down ITC Consumer Staples 22.11 2.63 0.00 2.40
up Divi's Laboratories Healthcare 32.56 2.36 0.00 1.99
equal Tata Power Company Energy 37.13 3.56 0.00 1.96
up NTPC Energy 9.14 1.84 0.00 1.82
up Kotak Mahindra Bank Financial 27.21 1.81 0.00 1.81
equal Ashok Leyland Automobile -- 1.99 0.00 1.76
equal Indusind Bank Financial 12.82 1.85 0.00 1.64
up Tech Mahindra Technology 17.47 1.91 0.00 1.55
equal Axis Bank Financial 13.85 1.69 0.00 1.41
equal Maruti Suzuki India Automobile 65.83 1.75 0.00 1.38
new Hero Motocorp Automobile 23.52 1.38 0.00 1.38
new Tata Consultancy Services Technology 31.17 1.31 0.00 1.31
down Bharti Airtel Communication 94.65 1.67 0.00 1.21
up Larsen & Toubro Construction 25.24 1.19 0.00 1.19
equal Hindustan Aeronautics Capital Goods 11.62 1.19 0.00 1.19
up L&T Infotech Technology 30.35 1.17 0.00 1.17
equal Zee Entertainment Services 21.32 1.43 0.00 1.17
new TVS Motor Company Automobile 53.04 1.17 0.00 1.17
up LIC Housing Fin. Financial 7.85 1.14 0.00 1.14
equal Canara Bank Financial 5.37 1.31 0.00 1.09

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2022

Fund Manager

— Fatema Pacha since 09-Dec-2021

Education: Ms. Pacha has done PGDBM (Finance) and BE (Computers)

Experience: Prior to joining MMIMPL, she was associated with ICICI Prudential Life Insurance and UTI Mutual Fund.

Funds Managed:

— Manish Lodha since 09-Dec-2021

Education: Mr. Lodha is a Chartered Accountant and Company Secretary

Experience: Prior to joining MMIMPL, he was associated with Canara HSBC OBC Life Insurance Co Ltd, Kotak Mahindra Mutual Fund. In these roles, he was responsible for Portfolio Management, Equity Research. He has also held various positions in Finance function during his association with BOC India Ltd (Now Linde India Ltd.).

Funds Managed:

— Rahul Pal since 09-Dec-2021

Education: Mr. Pal is a B.Com (H) and Chartered Accountant.

Experience: Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.

Funds Managed:


0.03%

Change from previous, NAV as on 30-Jun-2022

Growth: ₹ 9.4540

IDCW: ₹ 9.4539


Investment Strategy

The scheme seeks 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.

Investment Details

Min. Investment (₹) 1,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 6
Min. Withdrawal (₹) 1,000
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load For units in excess of 10% of the investment,0.5% will be charged for redemption within 90 days

Basic Details

Fund House: Mahindra Manulife Mutual Fund
Launch Date: 30-Dec-2021
Return Since Launch: -5.46%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: Very High
Type: Open-ended
Assets: ₹ 624 Cr (As on 31-May-2022)
Expense: 2.37% (As on 31-May-2022)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: Mahindra Manulife Investment Management Private Limited

Address: 1st Floor - Sadhana House, 570 - P.B. Marg, Worli, Mumbai - 400018

Phone: 022-66327900

Website: http://www.mahindramanulife.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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