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NAV as on May 20, 2026
Benchmark
Nifty 50 Hybrid Composite Debt 50: 50 Index TRI
Expense Ratio
1.75%
Fund Category
Hybrid - Dynamic Asset Allocation/Balanced Advantage
Fund Size
Rs 887 Crores
Exit Load
1.00%
Min. Investment
Rs 1,000
Nav Chart
Source: Dion Global
Asset Allocation
Source: Dion Global
Sector Allocation
Source: Dion Global
Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW Fund Details
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 House
Return Since Launch
5.09%
Launch Date
Dec 9, 2021
Type
Open Ended
Riskometer
Very High
Source: Dion Global
Ratio Analysis
Standard Deviation
8.49 vs 7.16
Fund Vs Category Avg
Beta
1.13 vs 0.94
Fund Vs Category Avg
Sharpe Ratio
0.75
Category Avg
Portfolio Turnover Ratio
218.06
Category Avg
Source: Dion Global
Top Holdings
Name | Assets (%) | Sector | Instrument |
|---|---|---|---|
| 3.20 | Equity | ||
| 2.66 | Equity | ||
| 2.59 | Equity | ||
| 2.58 | Equity | ||
| 2.51 | Equity | ||
| 2.14 | Equity | ||
| 2.13 | Equity | ||
| 1.93 | Equity | ||
| 1.89 | Equity | ||
| 1.72 | Equity |
Source: Dion Global
May 20, 2026
Performance Analysis
1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | SI | |
|---|---|---|---|---|---|---|---|---|---|
| Fund Returns (%) | NA | -0.45 | -7.31 | -7.86 | -2.79 | 5.85 | NA | NA | 5.09 |
| Category Average (%) | -0.13 | -1.02 | -2.15 | -3.29 | 1.37 | 8.58 | 5.41 | NA | 8.86 |
| Rank within Category | NA | 32 | 170 | 144 | 127 | 96 | NA | NA | 119 |
Source: Dion Global
* Returns over 1 year are CAGR
Peer Comparision
Scheme Name(IDCW Direct) | NAV (Rs) | AUM (Rs Cr) | 1W(%) | 1M(%) | 3M(%) | 6M(%) | 1Y(%) | 3Y(%) | 5Y(%) | 10Y(%) | SI(%) | ER(%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 42.47 | 1,05,378 | -0.41 | -3.10 | -6.18 | -8.48 | -6.64 | 7.64 | 7.35 | 4.95 | 11.41 | 0.81 | |
| 28.64 | 70,551 | -0.10 | -2.22 | -2.55 | -2.29 | -0.90 | 5.53 | 4.51 | 4.87 | 8.19 | 0.89 | |
| 16.35 | 40,732 | -0.20 | -1.05 | -2.49 | -1.79 | 3.58 | 12.50 | NA | NA | 11.03 | 0.74 | |
| 22.33 | 17,184 | 0.26 | -1.08 | -2.39 | -2.61 | 1.76 | 10.91 | 10.18 | NA | 10.88 | 0.67 | |
| 28.28 | 12,906 | NA | -1.12 | -3.18 | -4.30 | 0.35 | 8.16 | 7.65 | 7.49 | 8.12 | 0.96 | |
| 44.79 | 9,620 | 0.10 | -1.94 | -3.46 | -5.04 | -2.56 | 6.57 | 5.37 | 6.42 | 11.85 | 0.89 | |
| 29.54 | 9,182 | NA | -1.80 | -2.73 | -4.12 | -2.51 | 5.20 | 4.03 | 4.75 | 8.43 | 0.70 | |
| 22.93 | 9,128 | -0.23 | -0.53 | -1.90 | -1.81 | 3.06 | 10.70 | 10.65 | NA | 12.71 | 0.55 | |
| 17.79 | 4,756 | 0.23 | 0.14 | -2.61 | -4.18 | 3.70 | 6.63 | 4.91 | NA | 7.98 | 0.74 | |
| 13.68 | 3,764 | -0.07 | -1.58 | -9.70 | -10.12 | -5.46 | 5.11 | 2.90 | NA | 3.63 | 0.59 |
Source: Dion Global
May 20, 2026
Return Calculator
Over the past
Invested
₹5000
- Invested Amount
- Estimated Return
Total investment of ₹5000
Would have become ₹4,861 (-2.79%)
Fund Manager
Mr. Neelesh Dhamnaskar holds a Commerce degree and an MMS degree with specialization in Finance from Mumbai University. He is also pursuing CFA (AIMR) and is a Level II candidate. In his last assignment with Enam (now a part of Axis Bank), he was tracking companies across sectors and also assisting the PMS Fund Manager in his investment decisions. Prior to this, he was working with KRC, a domestic broking house, tracking companies within the automobiles, metals and sugar sector. Neelesh has also worked with Anand Rathi Securities Limited as a Commodities Research Analyst.
View MoreHere is the list of funds managed by Neelesh Dhamnaskar
Scheme Name(IDCW Direct) | Category | NAV(Rs) | AUM(Rs Cr) | 1Y(%) | 5Y(%) |
|---|---|---|---|---|---|
| Equity - Flexi Cap | 13.48 | 1,542 | -7.98 | NA | |
| Hybrid - Dynamic Asset Allocation/Balanced Advantage | 12.43 | 887 | -2.79 | NA |
Source: Dion Global
May 20, 2026
Top Performing Related Funds
Scheme Name(IDCW Direct) | NAV (Rs) | AUM (Rs Cr) | 1W(%) | 1M(%) | 3M(%) | 6M(%) | 1Y(%) | 3Y(%) | 5Y(%) | 10Y(%) | SI(%) | ER(%) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30.52 | 6,439 | -0.41 | 0.60 | -3.52 | -4.40 | 3.54 | 16.48 | 12.40 | NA | 13.18 | 1.58 | |
| 30.34 | 4,688 | 0.37 | 1.09 | -2.27 | -1.86 | 4.90 | 20.28 | 14.48 | NA | 14.33 | 0.91 | |
| 19.96 | 4,462 | -0.64 | 0.76 | 1.84 | -3.38 | 4.64 | 22.92 | NA | NA | 22.29 | 1.60 | |
| 21.31 | 2,688 | 0.55 | -0.48 | -8.69 | -10.28 | -3.68 | 10.76 | 8.67 | NA | 12.58 | 1.72 | |
| 19.96 | 2,208 | 0.11 | -0.28 | -10.40 | -9.53 | -4.31 | 12.49 | 10.39 | NA | 13.39 | 0.58 | |
| 13.48 | 1,542 | -0.35 | -1.71 | -11.63 | -13.81 | -7.98 | 6.42 | NA | NA | 6.51 | 0.52 |
Source: Dion Global
May 20, 2026
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