Mahindra Manulife Balanced Advantage Fund Datagrid
Category Dynamic Asset Allocation or Balanced Advantage
BMSMONEY Rank 19
Rating
Growth Option 27-01-2026
NAV ₹14.37(R) +0.47% ₹15.45(D) +0.49%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 7.28% 13.04% -% -% -%
Direct 9.07% 14.97% -% -% -%
Benchmark
SIP (XIRR) Regular 3.18% 8.48% -% -% -%
Direct 4.93% 10.36% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.76 0.37 0.63 -0.74% 0.05
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
8.44% -10.25% -9.79% 1.22 6.11%
Fund AUM As on: 30/12/2025 930 Cr
Top Dynamic Asset Allocation or Balanced Advantage
Fund Name Rank Rating
Icici Prudential Balanced Advantage Fund 1
SBI Balanced Advantage Fund 2
Hdfc Balanced Advantage Fund 3
Dsp Dynamic Asset Allocation Fund 4
Axis Balanced Advantage Fund 5
Aditya Birla Sun Life Balanced Advantage Fund 6

NAV Date: 27-01-2026

Scheme Name NAV Rupee Change Percent Change
Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW 12.15
0.0600
0.4800%
Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW 13.17
0.0600
0.4900%
Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth 14.37
0.0700
0.4700%
Mahindra Manulife Balanced Advantage Fund - Direct Plan - Growth 15.45
0.0800
0.4900%

Review Date: 27-01-2026

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 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 -0.74% which is lower than the category average of -0.03%, reflecting poor performance. The fund has a Sharpe Ratio of 0.76 which is lower than the category average of 0.83.
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 -1.13%, -1.96 and 0.56 in last one, three and six months respectively. In the same period the category average return was -2.17%, -2.34% and 0.76% respectively.
  • Mahindra Manulife Balanced Advantage Fund has given a return of 9.07% in last one year. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was 7.82%.
  • The fund has given a return of 14.97% in last three years and ranked 4.0th out of 27 funds in the category. In the same period the Dynamic Asset Allocation or Balanced Advantage Fund category average return was 12.98%.
  • The fund has given a SIP return of 4.93% in last one year whereas category average SIP return is 3.69%. The fund one year return rank in the category is 14th in 34 funds
  • The fund has SIP return of 10.36% in last three years and ranks 9th in 27 funds. Hdfc Balanced Advantage Fund has given the highest SIP return (12.26%) in the category in last three years.

Mahindra Manulife Balanced Advantage Fund Risk Analysis

  • The fund has a standard deviation of 8.44 and semi deviation of 6.11. The category average standard deviation is 7.52 and semi deviation is 5.48.
  • The fund has a Value at Risk (VaR) of -10.25 and a maximum drawdown of -9.79. The category average VaR is -8.49 and the maximum drawdown is -9.24. 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 % -1.26
    -2.26
    		-6.76 | -0.39 4 | 34 Very Good
    3M Return % -2.37
    -2.65
    		-12.67 | -0.13 17 | 34 Good
    6M Return % -0.27
    0.13
    		-7.75 | 3.77 23 | 34 Average
    1Y Return % 7.28
    6.48
    		-4.75 | 12.24 15 | 34 Good
    3Y Return % 13.04
    11.56
    		6.61 | 17.57 6 | 27 Very Good
    1Y SIP Return % 3.18
    2.38
    		-10.13 | 8.39 15 | 34 Good
    3Y SIP Return % 8.48
    7.76
    		-2.42 | 11.56 11 | 27 Good
    Standard Deviation 8.44
    7.52
    		5.38 | 14.39 22 | 27 Poor
    Semi Deviation 6.11
    5.48
    		3.77 | 10.94 23 | 27 Poor
    Max Drawdown % -9.79
    -9.24
    		-25.84 | -4.53 20 | 27 Average
    VaR 1 Y % -10.25
    -8.49
    		-22.27 | -4.30 23 | 27 Poor
    Average Drawdown % -3.33
    -3.10
    		-7.08 | -1.73 21 | 27 Average
    Sharpe Ratio 0.76
    0.83
    		0.15 | 1.38 18 | 27 Average
    Sterling Ratio 0.63
    0.64
    		0.22 | 0.93 17 | 27 Average
    Sortino Ratio 0.37
    0.42
    		0.09 | 0.75 18 | 27 Average
    Jensen Alpha % -0.74
    -0.03
    		-7.14 | 4.35 20 | 27 Average
    Treynor Ratio 0.05
    0.05
    		0.02 | 0.09 17 | 27 Average
    Modigliani Square Measure % 9.08
    10.13
    		3.59 | 15.10 20 | 27 Average
    Alpha % 1.93
    1.05
    		-3.12 | 7.09 8 | 27 Good
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % -1.13 -2.17 -6.66 | -0.36 4 | 34 Very Good
    3M Return % -1.96 -2.34 -12.39 | 0.08 16 | 34 Good
    6M Return % 0.56 0.76 -7.15 | 4.12 23 | 34 Average
    1Y Return % 9.07 7.82 -3.42 | 12.88 13 | 34 Good
    3Y Return % 14.97 12.98 7.98 | 18.29 4 | 27 Very Good
    1Y SIP Return % 4.93 3.69 -8.83 | 9.01 14 | 34 Good
    3Y SIP Return % 10.36 9.15 -1.05 | 12.26 9 | 27 Good
    Standard Deviation 8.44 7.52 5.38 | 14.39 22 | 27 Poor
    Semi Deviation 6.11 5.48 3.77 | 10.94 23 | 27 Poor
    Max Drawdown % -9.79 -9.24 -25.84 | -4.53 20 | 27 Average
    VaR 1 Y % -10.25 -8.49 -22.27 | -4.30 23 | 27 Poor
    Average Drawdown % -3.33 -3.10 -7.08 | -1.73 21 | 27 Average
    Sharpe Ratio 0.76 0.83 0.15 | 1.38 18 | 27 Average
    Sterling Ratio 0.63 0.64 0.22 | 0.93 17 | 27 Average
    Sortino Ratio 0.37 0.42 0.09 | 0.75 18 | 27 Average
    Jensen Alpha % -0.74 -0.03 -7.14 | 4.35 20 | 27 Average
    Treynor Ratio 0.05 0.05 0.02 | 0.09 17 | 27 Average
    Modigliani Square Measure % 9.08 10.13 3.59 | 15.10 20 | 27 Average
    Alpha % 1.93 1.05 -3.12 | 7.09 8 | 27 Good
    Return data last Updated On : Jan. 27, 2026.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2025
    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
    27-01-2026 14.3748 15.4488
    23-01-2026 14.3069 15.373
    22-01-2026 14.4276 15.5021
    21-01-2026 14.3393 15.4064
    20-01-2026 14.3931 15.4636
    19-01-2026 14.6214 15.7081
    16-01-2026 14.6802 15.7691
    14-01-2026 14.6383 15.7227
    13-01-2026 14.6082 15.6897
    12-01-2026 14.6277 15.7099
    09-01-2026 14.6174 15.6967
    08-01-2026 14.7043 15.7893
    07-01-2026 14.874 15.9708
    06-01-2026 14.8437 15.9375
    05-01-2026 14.8203 15.9116
    02-01-2026 14.8365 15.9269
    01-01-2026 14.7263 15.8079
    31-12-2025 14.6618 15.7379
    30-12-2025 14.5687 15.6373
    29-12-2025 14.5579 15.625

    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.