Should I invest in Mahindra Manulife Balanced Advantage Fund?

We don't give personal investment advice. Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth is suitable for an investor whose:horizon is 3-5 years — too short for pure equity, too long for pure debtwants a single fund that automatically rebalances between equity and debtis comfortable trading some upside for lower volatility vs a pure equity fundCross-check the numbers above against alternatives before deciding.

Mahindra Manulife

Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth

Latest NAV

₹14.8602

As of

17 Jul 2026

1,117 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.21%	+0.26%	-0.05	21 / 29	Q3
1W	-0.06%	+0.04%	-0.10	24 / 29	Q4
2W	+0.44%	+0.19%	+0.25	7 / 29	Q1
1M	+1.81%	+1.19%	+0.62	5 / 29	Q1
3M	+3.23%	+1.94%	+1.29	4 / 29	Q1
6M	+1.23%	+0.63%	+0.59	11 / 28	Q2
YTD	+0.91%	-0.42%	+1.33	7 / 28	Q1
1Y	+1.13%	+1.26%	-0.13	17 / 28	Q3
2Y	+2.80%	+2.10%	+0.70	13 / 27	Q2
3Y	+10.37%	+9.03%	+1.33	8 / 22	Q2
4Y	+11.43%	+10.07%	+1.36	5 / 18	Q2
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+9.10%	+8.01%	+1.10	10 / 29	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+0.91%	-0.42%	+1.33	7 / 28
2025	+3.78%	+4.78%	-1.00	20 / 27
2024	+13.74%	+12.20%	+1.54	8 / 24
2023	+20.06%	+17.99%	+2.07	5 / 19
2022	+2.79%	+2.63%	+0.16	7 / 17

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+11.74%

44 windows

min -1.1% · max 31.8%

98% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+12.51%

19 windows

min 10.4% · max 15.4%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

9.26%

3-year · annualised

Sharpe ratio

0.41

vs risk-free 6.5%

Sortino ratio

0.71

Downside-only deviation

Max drawdown

-10.41%

Sep 2024 → Mar 2025

% positive months

66.7%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Balanced Advantage Fund

Scheme	Fund house	NAV	As of
SBI Balanced Advantage Fund - Regular Plan - Growth	SBI	₹15.9675	17 Jul 2026
BANDHAN Balanced Advantage Fund Regular Plan Growth	Bandhan	₹25.2700	17 Jul 2026
quant Dynamic Asset Allocation Fund - Growth Option - Regular Plan	Quant	₹16.6910	17 Jul 2026
Aditya Birla Sun Life Balanced Advantage Fund - Regular Plan - Growth Option	Aditya Birla Sun Life	₹112.5300	17 Jul 2026
Motilal Oswal Balanced Advantage Fund (MOFDYNAMIC) - Regular Plan - Growth Option	Motilal Oswal	₹18.5358	17 Jul 2026
Mirae Asset Balanced Advantage Fund Regular Plan- Growth	Mirae Asset	₹14.6500	17 Jul 2026
Kotak Balanced Advantage Fund -Regular Plan - Growth Option	Kotak	₹21.1310	17 Jul 2026
Parag Parikh Dynamic Asset Allocation Fund - Regular Plan Growth	Parag Parikh	₹11.7708	17 Jul 2026
DSP Dynamic Asset Allocation Fund - Regular Plan - Growth	DSP	₹28.8930	17 Jul 2026
HSBC Balanced Advantage Fund - Regular Growth	HSBC	₹43.8659	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹14.8602
16 Jul 2026	₹14.8295
15 Jul 2026	₹14.8587
14 Jul 2026	₹14.8254
13 Jul 2026	₹14.8789
10 Jul 2026	₹14.8697
9 Jul 2026	₹14.7399
8 Jul 2026	₹14.6561
7 Jul 2026	₹14.8415
6 Jul 2026	₹14.8766

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth is ₹14.8602. It's a Balanced Advantage Fund from Mahindra Manulife, run as a Regular plan Growth option. NAVs update once per business day from the AMFI feed.

Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth has NAV history starting from 03 Jan 2022, a track record of about 4 years 6 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth is managed by Mahindra Manulife. It's classified by AMFI under the 'Balanced Advantage Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth has delivered a absolute return of 1.13% — -0.13 pp behind the Balanced Advantage Fund category average of 1.26%. The fund ranks #17 of 28 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth has delivered a CAGR of 10.37% — +1.33 pp ahead of the Balanced Advantage Fund category average of 9.03%. The fund ranks #8 of 22 in its category — the second (Q2) quartile.

Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth exactly 3 years ago would be worth approximately ₹134,434 today — a multiplier of 1.34×, based on the 3-year CAGR of 10.37%. The category average over the same window would have grown ₹1 lakh to ₹129,623.

A ₹10,000 monthly SIP in Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth over the last 3 years — total invested ₹360,000 — would be worth ₹397,397 today. That's an XIRR (money-weighted annualised return) of 6.52%.

Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹397,397 — XIRR 6.52%.

On a 3-year basis, Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth ranks #8 out of 22 funds in the Balanced Advantage Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 9.03%; this fund delivered 10.37%.

The worst peak-to-trough decline Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth has experienced over the last 3-year window is 10.41% — its NAV fell from a high on 26 Sep 2024 to a low on 03 Mar 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth averaged 12.51% (best 15.37%, worst 10.37%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.41 — weak risk-adjusted performance.

In calendar year 2025, Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth returned 3.78% — lagging the Balanced Advantage Fund category average of 4.78% by 1.00 pp. It ranked #20 of 27 in its category that year.

Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth is a Hybrid scheme. Tax treatment follows its actual equity allocation as disclosed by the AMC: at least 65% equity behaves like an equity fund (12.5% LTCG over 12 months, 20% STCG); 35-65% equity often gets an equity-style treatment with a 24-month threshold; under 35% equity is taxed at slab rate like a debt fund. Check the AMC's latest factsheet for the current classification.

We don't give personal investment advice. Mahindra Manulife Balanced Advantage Fund - Regular Plan - Growth is suitable for an investor whose:

horizon is 3-5 years — too short for pure equity, too long for pure debt
wants a single fund that automatically rebalances between equity and debt
is comfortable trading some upside for lower volatility vs a pure equity fund

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.