Mahindra Manulife Balanced Advantage Fund Datagrid
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank 12
Rating
Growth Option 13-03-2026
NAV ₹13.74(R) -1.78% ₹14.8(D) -1.77%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 5.13% 11.62% -% -% -%
Direct 6.89% 13.52% -% -% -%
Benchmark
SIP (XIRR) Regular -6.8% 4.34% -% -% -%
Direct -5.21% 6.17% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.91 0.46 0.69 1.64% -0.37
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
8.13% -10.25% -9.79% 1.16 5.84%
Fund AUM As on: 30/12/2025 930 Cr
Top Dynamic Asset Allocation or Balanced Advantage
Fund Name Rank Rating
Hdfc Balanced Advantage Fund 1
Icici Prudential Balanced Advantage Fund 2
SBI Balanced Advantage Fund 3
Baroda BNP Paribas Balanced Advantage Fund 4
Aditya Birla Sun Life Balanced Advantage Fund 5
mirae asset balanced advantage fund 6

NAV Date: 13-03-2026

Scheme Name NAV Rupee Change Percent Change
Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW 10.88
-0.2000
-1.7800%
Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW 11.88
-0.2100
-1.7700%
Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth 13.74
-0.2500
-1.7800%
Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth 14.8
-0.2700
-1.7700%

Review Date: 13-03-2026

Beginning of Analysis

Mahindra Manulife Balanced Advantage Fund is the 14th ranked fund in the Dynamic Asset Allocation or Balanced Advantage Fund category. The category has total 26 funds. The 3 star rating shows an average past performance of the Mahindra Manulife Balanced Advantage Fund in Dynamic Asset Allocation or Balanced Advantage Fund. The fund has a Jensen Alpha of 1.64% which is higher than the category average of 0.34%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.91 which is higher than the category average of 0.82.
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 -5.63%, -5.29 and -4.33 in last one, three and six months respectively. In the same period the category average return was -4.71%, -5.33% and -3.51% respectively.
  • Mahindra Manulife Balanced Advantage Fund has given a return of 6.89% in last one year. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was 6.03%.
  • The fund has given a return of 13.52% in last three years and ranked 6.0th out of twenty eight funds in the category. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was 11.95%.
  • The fund has given a SIP return of -5.21% in last one year whereas category average SIP return is -4.36%. The fund one year return rank in the category is 20th in 34 funds
  • The fund has SIP return of 6.17% in last three years and ranks 14th in 27 funds. Dsp Dynamic Asset Allocation Fund has given the highest SIP return (8.69%) in the category in last three years.

Mahindra Manulife Balanced Advantage Fund Risk Analysis

  • The fund has a standard deviation of 8.13 and semi deviation of 5.84. The category average standard deviation is 7.53 and semi deviation is 5.5.
  • The fund has a Value at Risk (VaR) of -10.25 and a maximum drawdown of -9.79. The category average VaR is -8.72 and the maximum drawdown is -9.17. 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 % -5.75
    -4.80
    		-6.79 | 0.44 25 | 36 Average
    3M Return % -5.67
    -5.61
    		-13.96 | 1.81 20 | 36 Average
    6M Return % -5.10
    -4.09
    		-16.33 | 3.74 25 | 36 Average
    1Y Return % 5.13
    4.71
    		-2.67 | 10.87 15 | 35 Good
    3Y Return % 11.62
    10.54
    		4.35 | 15.73 10 | 28 Good
    1Y SIP Return % -6.80
    -5.54
    		-19.88 | 4.12 21 | 35 Average
    3Y SIP Return % 4.34
    4.43
    		-6.72 | 7.54 17 | 28 Average
    Standard Deviation 8.13
    7.53
    		5.44 | 14.88 21 | 28 Average
    Semi Deviation 5.84
    5.50
    		3.84 | 11.27 21 | 28 Average
    Max Drawdown % -9.79
    -9.17
    		-25.84 | -4.53 21 | 28 Average
    VaR 1 Y % -10.25
    -8.72
    		-22.27 | -4.48 23 | 28 Poor
    Average Drawdown % -3.38
    -3.11
    		-7.19 | -1.80 22 | 28 Poor
    Sharpe Ratio 0.91
    0.83
    		0.00 | 1.37 11 | 28 Good
    Sterling Ratio 0.69
    0.65
    		0.16 | 0.94 12 | 28 Good
    Sortino Ratio 0.46
    0.41
    		0.03 | 0.76 11 | 28 Good
    Jensen Alpha % 1.64
    0.34
    		-8.12 | 5.65 11 | 28 Good
    Treynor Ratio -0.37
    -0.41
    		-0.55 | -0.31 10 | 28 Good
    Modigliani Square Measure % 11.54
    10.99
    		5.63 | 14.52 11 | 28 Good
    Alpha % 2.95
    0.92
    		-5.55 | 7.11 4 | 28 Very Good
    Return data last Updated On : March 13, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 2026
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -5.63 -4.71 -6.69 | 0.48 25 | 36 Average
    3M Return % -5.29 -5.33 -13.70 | 1.96 18 | 36 Good
    6M Return % -4.33 -3.51 -15.80 | 4.05 25 | 36 Average
    1Y Return % 6.89 6.03 -1.16 | 12.23 12 | 35 Good
    3Y Return % 13.52 11.95 5.70 | 16.43 6 | 28 Very Good
    1Y SIP Return % -5.21 -4.36 -18.72 | 4.97 20 | 34 Average
    3Y SIP Return % 6.17 5.79 -5.39 | 8.69 14 | 27 Good
    Standard Deviation 8.13 7.53 5.44 | 14.88 21 | 28 Average
    Semi Deviation 5.84 5.50 3.84 | 11.27 21 | 28 Average
    Max Drawdown % -9.79 -9.17 -25.84 | -4.53 21 | 28 Average
    VaR 1 Y % -10.25 -8.72 -22.27 | -4.48 23 | 28 Poor
    Average Drawdown % -3.38 -3.11 -7.19 | -1.80 22 | 28 Poor
    Sharpe Ratio 0.91 0.83 0.00 | 1.37 11 | 28 Good
    Sterling Ratio 0.69 0.65 0.16 | 0.94 12 | 28 Good
    Sortino Ratio 0.46 0.41 0.03 | 0.76 11 | 28 Good
    Jensen Alpha % 1.64 0.34 -8.12 | 5.65 11 | 28 Good
    Treynor Ratio -0.37 -0.41 -0.55 | -0.31 10 | 28 Good
    Modigliani Square Measure % 11.54 10.99 5.63 | 14.52 11 | 28 Good
    Alpha % 2.95 0.92 -5.55 | 7.11 4 | 28 Very Good
    Return data last Updated On : March 13, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Feb. 27, 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
    13-03-2026 13.7409 14.797
    12-03-2026 13.9896 15.0641
    11-03-2026 14.0604 15.1397
    10-03-2026 14.203 15.2925
    09-03-2026 14.0489 15.126
    06-03-2026 14.2692 15.3612
    05-03-2026 14.3717 15.4708
    04-03-2026 14.2529 15.3423
    02-03-2026 14.4502 15.5533
    27-02-2026 14.5637 15.6734
    26-02-2026 14.6787 15.7965
    25-02-2026 14.6319 15.7455
    24-02-2026 14.58 15.689
    23-02-2026 14.6334 15.7458
    20-02-2026 14.6188 15.7279
    19-02-2026 14.5877 15.6939
    18-02-2026 14.7368 15.8536
    17-02-2026 14.6861 15.7983
    16-02-2026 14.6602 15.7698
    13-02-2026 14.5785 15.6797

    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.