Mahindra Manulife Balanced Advantage Fund Datagrid
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank 13
Rating
Growth Option 20-05-2026
NAV ₹14.33(R) +0.11% ₹15.48(D) +0.12%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 1.53% 11.79% -% -% -%
Direct 3.21% 13.67% -% -% -%
Benchmark
SIP (XIRR) Regular -1.45% 5.45% -% -% -%
Direct 0.18% 7.26% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.44 0.2 0.52 1.36% -0.37
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
9.69% -12.21% -9.79% 1.2 7.46%
Fund AUM As on: 30/12/2025 930 Cr
Top Dynamic Asset Allocation or Balanced Advantage
Fund Name Rank Rating
SBI Balanced Advantage Fund 1
Axis Balanced Advantage Fund 2
Icici Prudential Balanced Advantage Fund 3
Dsp Dynamic Asset Allocation Fund 4
Hdfc Balanced Advantage Fund 5
Bank of India Balanced Advantage Fund 6

NAV Date: 20-05-2026

Scheme Name NAV Rupee Change Percent Change
Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW 11.35
0.0100
0.1100%
Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW 12.43
0.0100
0.1200%
Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth 14.33
0.0200
0.1100%
Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth 15.48
0.0200
0.1200%

Review Date: 20-05-2026

Beginning of Analysis

In the Dynamic Asset Allocation or Balanced Advantage Fund category, Mahindra Manulife Balanced Advantage Fund is the 14th ranked fund. The category has total 26 funds. The Mahindra Manulife Balanced Advantage Fund has shown an average past performence in Dynamic Asset Allocation or Balanced Advantage Fund. The fund has a Jensen Alpha of 1.36% which is higher than the category average of 0.76%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.44 which is higher than the category average of 0.41.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Dynamic Asset Allocation or Balanced Advantage Mutual Funds

Mahindra Manulife Balanced Advantage Fund Return Analysis

  • The fund has given a return of -0.45%, -1.6 and -2.17 in last one, three and six months respectively. In the same period the category average return was -0.96%, -2.04% and -3.07% respectively.
  • Mahindra Manulife Balanced Advantage Fund has given a return of 3.21% in last one year. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was 2.09%.
  • The fund has given a return of 13.67% in last three years and ranked 4.0th out of twenty nine funds in the category. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was 11.57%.
  • The fund has given a SIP return of 0.18% in last one year whereas category average SIP return is -1.25%. The fund one year return rank in the category is 14th in 36 funds
  • The fund has SIP return of 7.26% in last three years and ranks 12th in 29 funds. Baroda BNP Paribas Balanced Advantage Fund has given the highest SIP return (10.28%) in the category in last three years.

Mahindra Manulife Balanced Advantage Fund Risk Analysis

  • The fund has a standard deviation of 9.69 and semi deviation of 7.46. The category average standard deviation is 8.74 and semi deviation is 6.75.
  • The fund has a Value at Risk (VaR) of -12.21 and a maximum drawdown of -9.79. The category average VaR is -12.09 and the maximum drawdown is -9.96. The fund has a beta of 1.12 which shows that fund is more volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category
  • Good Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category
  • Poor Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category
  • Very Poor Performance in Dynamic Asset Allocation or Balanced Advantage Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -0.58
    -1.05
    		-2.58 | 2.81 9 | 36 Very Good
    3M Return % -1.98
    -2.33
    		-4.90 | 2.26 13 | 36 Good
    6M Return % -2.96
    -3.66
    		-11.97 | 3.19 16 | 36 Good
    1Y Return % 1.53
    0.83
    		-4.21 | 6.76 15 | 36 Good
    3Y Return % 11.79
    10.16
    		4.86 | 17.77 5 | 29 Very Good
    1Y SIP Return % -1.45
    -2.45
    		-11.38 | 6.45 16 | 36 Good
    3Y SIP Return % 5.45
    4.85
    		-4.15 | 9.00 15 | 29 Good
    Standard Deviation 9.69
    8.74
    		6.42 | 15.13 24 | 28 Poor
    Semi Deviation 7.46
    6.75
    		4.69 | 11.49 24 | 28 Poor
    Max Drawdown % -9.79
    -9.96
    		-26.93 | -5.47 17 | 28 Average
    VaR 1 Y % -12.21
    -12.09
    		-22.73 | -5.38 19 | 28 Average
    Average Drawdown % -4.89
    -4.63
    		-7.90 | -3.02 19 | 28 Average
    Sharpe Ratio 0.44
    0.41
    		-0.08 | 0.78 13 | 28 Good
    Sterling Ratio 0.52
    0.49
    		0.12 | 0.72 13 | 28 Good
    Sortino Ratio 0.20
    0.18
    		0.00 | 0.37 15 | 28 Average
    Jensen Alpha % 1.36
    0.77
    		-4.66 | 5.09 13 | 28 Good
    Treynor Ratio -0.37
    -0.42
    		-0.57 | -0.33 4 | 28 Very Good
    Modigliani Square Measure % 9.18
    8.96
    		5.12 | 11.90 14 | 28 Good
    Alpha % 2.29
    1.03
    		-3.97 | 5.99 7 | 28 Very Good
    Return data last Updated On : May 20, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -0.45 -0.96 -2.54 | 2.93 8 | 36 Very Good
    3M Return % -1.60 -2.04 -4.60 | 2.63 12 | 36 Good
    6M Return % -2.17 -3.07 -11.42 | 3.49 14 | 36 Good
    1Y Return % 3.21 2.09 -2.81 | 7.98 12 | 36 Good
    3Y Return % 13.67 11.57 6.22 | 19.54 4 | 29 Very Good
    1Y SIP Return % 0.18 -1.25 -10.21 | 7.09 14 | 36 Good
    3Y SIP Return % 7.26 6.21 -2.84 | 10.28 12 | 29 Good
    Standard Deviation 9.69 8.74 6.42 | 15.13 24 | 28 Poor
    Semi Deviation 7.46 6.75 4.69 | 11.49 24 | 28 Poor
    Max Drawdown % -9.79 -9.96 -26.93 | -5.47 17 | 28 Average
    VaR 1 Y % -12.21 -12.09 -22.73 | -5.38 19 | 28 Average
    Average Drawdown % -4.89 -4.63 -7.90 | -3.02 19 | 28 Average
    Sharpe Ratio 0.44 0.41 -0.08 | 0.78 13 | 28 Good
    Sterling Ratio 0.52 0.49 0.12 | 0.72 13 | 28 Good
    Sortino Ratio 0.20 0.18 0.00 | 0.37 15 | 28 Average
    Jensen Alpha % 1.36 0.77 -4.66 | 5.09 13 | 28 Good
    Treynor Ratio -0.37 -0.42 -0.57 | -0.33 4 | 28 Very Good
    Modigliani Square Measure % 9.18 8.96 5.12 | 11.90 14 | 28 Good
    Alpha % 2.29 1.03 -3.97 | 5.99 7 | 28 Very Good
    Return data last Updated On : May 20, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 30, 2026
    KPIs: Key Performance Indicators

    Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Mahindra Manulife Balanced Advantage Fund NAV Regular Growth Mahindra Manulife Balanced Advantage Fund NAV Direct Growth
    20-05-2026 14.3293 15.4766
    19-05-2026 14.3131 15.4583
    18-05-2026 14.291 15.4339
    15-05-2026 14.3127 15.4552
    14-05-2026 14.3331 15.4765
    13-05-2026 14.213 15.3462
    12-05-2026 14.183 15.3132
    11-05-2026 14.3948 15.5412
    08-05-2026 14.5467 15.7031
    07-05-2026 14.5857 15.7445
    06-05-2026 14.5308 15.6846
    05-05-2026 14.3802 15.5213
    04-05-2026 14.3895 15.5306
    30-04-2026 14.3058 15.4376
    29-04-2026 14.3755 15.5121
    28-04-2026 14.3481 15.4818
    27-04-2026 14.3769 15.5122
    24-04-2026 14.2617 15.386
    23-04-2026 14.3533 15.4841
    22-04-2026 14.414 15.5489
    21-04-2026 14.4793 15.6186
    20-04-2026 14.4126 15.5461

    Fund Launch Date: 30/Dec/2021
    Fund Category: Dynamic Asset Allocation or Balanced Advantage
    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 Description: An open ended dynamic asset allocation fund.
    Fund Benchmark: Nifty 50 Hybrid Composite Debt 50: 50 Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.