Should I invest in Mahindra Manulife Balanced Advantage Fund?

We don't give personal investment advice. Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW 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 - IDCW

Latest NAV

₹11.2657

As of

3 Jun 2026

1,086 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	-0.01%	+0.06%	-0.07	21 / 30	Q3
1W	-1.53%	-1.17%	-0.35	23 / 30	Q4
2W	-0.72%	-0.27%	-0.45	23 / 30	Q4
1M	-1.14%	-1.07%	-0.07	12 / 30	Q2
3M	-6.49%	-2.52%	-3.97	28 / 30	Q4
6M	-8.72%	-6.27%	-2.44	21 / 29	Q3
YTD	-9.49%	-6.12%	-3.37	25 / 29	Q4
1Y	-6.06%	-3.77%	-2.29	19 / 29	Q3
2Y	-5.19%	-1.59%	-3.60	24 / 28	Q4
3Y	+2.54%	+4.95%	-2.41	15 / 23	Q3
4Y	+3.73%	+5.01%	-1.29	12 / 20	Q3
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+2.72%	+4.43%	-1.72	16 / 30	Q3

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	-9.49%	-6.12%	-3.37	25 / 29
2025	-4.83%	+0.96%	-5.79	25 / 29
2024	+4.84%	+7.99%	-3.15	20 / 26
2023	+20.06%	+14.79%	+5.27	3 / 22
2022	+2.79%	-0.33%	+3.12	7 / 20

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

+5.95%

42 windows

min -7.8% · max 29.1%

60% positive

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

3-Year rolling

+6.25%

18 windows

min 2.3% · max 8.9%

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

12.51%

3-year · annualised

Sharpe ratio

-0.25

vs risk-free 6.5%

Sortino ratio

-0.32

Downside-only deviation

Max drawdown

-20.92%

Sep 2024 → Mar 2026

% positive months

58.3%

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 - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹15.5942	3 Jun 2026
BANDHAN Balanced Advantage Fund Regular Plan IDCW	Bandhan	₹13.5770	3 Jun 2026
quant Dynamic Asset Allocation Fund - IDCW Option - Regular Plan	Quant	₹16.4751	3 Jun 2026
Aditya Birla Sun Life Balanced Advantage Fund -REGULAR - IDCW	Aditya Birla Sun Life	₹25.6600	3 Jun 2026
Motilal Oswal Balanced Advantage Fund (MOFDYNAMIC) - Regular Plan - Annual Dividend Payout Option	Motilal Oswal	₹12.1397	3 Jun 2026
Mirae Asset Balanced Advantage Fund Regular Plan IDCW	Mirae Asset	₹13.0780	3 Jun 2026
Kotak Balanced Advantage Fund - Regular Plan - Payout of Income Distribution cum capital withdrawal option Option	Kotak	₹20.3530	3 Jun 2026
Parag Parikh Dynamic Asset Allocation Fund - Regular Plan - Monthly IDCW Reinvestment	Parag Parikh	₹10.0013	3 Jun 2026
Edelweiss Balanced Advantage Fund - Regular Plan - Monthly - IDCW Option	Edelweiss	₹20.2100	3 Jun 2026
DSP Dynamic Asset Allocation Fund - Regular Plan - IDCW - Monthly	DSP	₹13.7540	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹11.2657
2 Jun 2026	₹11.2671
1 Jun 2026	₹11.2549
29 May 2026	₹11.3443
27 May 2026	₹11.4407
26 May 2026	₹11.4425
25 May 2026	₹11.4521
22 May 2026	₹11.3423
21 May 2026	₹11.3299
20 May 2026	₹11.3476

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 03 Jun 2026, the NAV of Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW is ₹11.2657. It's a Balanced Advantage Fund from Mahindra Manulife, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW has NAV history starting from 03 Jan 2022, a track record of about 4 years 5 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 - IDCW 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 - IDCW has delivered a absolute return of -6.06% — -2.29 pp behind the Balanced Advantage Fund category average of -3.77%. The fund ranks #19 of 29 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW has delivered a CAGR of 2.54% — -2.41 pp behind the Balanced Advantage Fund category average of 4.95%. The fund ranks #15 of 23 in its category — the third (Q3) quartile.

Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW 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 - IDCW exactly 3 years ago would be worth approximately ₹107,807 today — a multiplier of 1.08×, based on the 3-year CAGR of 2.54%. The category average over the same window would have grown ₹1 lakh to ₹115,596.

A ₹10,000 monthly SIP in Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW over the last 3 years — total invested ₹360,000 — would be worth ₹335,232 today. That's an XIRR (money-weighted annualised return) of -4.57%.

Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹335,232 — XIRR -4.57%.

On a 3-year basis, Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW ranks #15 out of 23 funds in the Balanced Advantage Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 4.95%; this fund delivered 2.54%.

The worst peak-to-trough decline Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW has experienced over the last 3-year window is 20.92% — its NAV fell from a high on 26 Sep 2024 to a low on 31 Mar 2026. 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 - IDCW averaged 6.25% (best 8.88%, worst 2.34%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is -0.25 — negative risk-adjusted performance.

In calendar year 2025, Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW returned -4.83% — lagging the Balanced Advantage Fund category average of 0.96% by 5.79 pp. It ranked #25 of 29 in its category that year.

Mahindra Manulife Balanced Advantage Fund - Regular Plan - IDCW 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 - IDCW 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.