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MF Analyser

Mahindra Manulife Balanced Advantage Fund

Direct Plan · Growth · Balanced Advantage · Scheme code 149406

NAV₹16.6598as on 13 Nov 2026
Fund houseMahindra Manulife Mutual Fund
CategoryBalanced Advantage
Plan & optionDirect · Growth
History4.9 years

Returns (%)

 1M3M6M1Y3Y5Y7Y10YLaunch
This scheme 6.722.087.79 5.2612.13— ——11.05
NIFTY 100 TRI
benchmark		 -6.50-6.491.68 -6.827.476.95 11.9911.5813.28
Balanced Advantage
category median		 ——— 3.7310.369.31 —10.70—

Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published NAV history for this scheme.

Risk

 VolatilitySharpeSortinoBetaAlphaMax fallR²
This scheme 10.5% 0.54 0.79 0.67 2.64% -9.8% 89.33
NIFTY 100 TRI
benchmark		 14.8%0.07 0.09—— -37.9%—

Risk-free rate 6.5%. Beta, alpha and R² are regressed on the 36 months this scheme and its benchmark share.

Growth of ₹100 since launch

8811614417220242026MF Analyser

Drawdown from peak (%)

0%-4%-7%-11%20242026

Every one-year period it has lived through

WindowsWorstMedianBestPeriods that lost money
948 -2.3% 8.5% 35.1% 1%

Every one-year holding period in this scheme's history, not just the last one — the spread a real investor would have met depending only on when they started.

How it behaves against its benchmark

Up captureDown captureCorrelation Tracking errorInformation ratioTreynor
80% 56% 0.95 6.0% 0.41 6.66

Up capture is how much of the benchmark's gain this scheme kept in the months the benchmark rose; down capture, how much of its fall it took. Below 100 on the down side and above it on the up side is the combination every fund is trying for and few reach. Measured over the 36 months this scheme and NIFTY 100 TRI share.

MF Analyser

Mahindra Manulife Balanced Advantage Fund

Direct Plan · Growth

Allocation

By asset

Equity68.62%
Debt21.19%
REITs / InvITs6.76%
Cash & Equivalents5.18%

By market cap

Large Cap43.92%
Mid Cap18.21%
Small Cap11.57%
Unclassified22.87%

Concentration

Number of stocks79
Top 5 stocks18.84%
Top 10 stocks30.67%
Top 20 stocks47.14%
Lines in the filing83
Largest holding4.74%
Largest sectorBanks 16.40%
Effective stocks56.9
Sectors held35
Cash0.00%

Effective stocks is what the concentration works out to: a fund holding 79 names but most of its money in a few behaves like a fund of 57. Cash includes repo and TREPS, which every fund parks money in overnight.

Sector split

Banks — 16.4%SOVEREIGN — 9.3%Pharmaceuticals & Biotechnology — 7.7%Realty — 6.4%CRISIL AA+ — 5.7%CRISIL AAA — 5.4%Cash & Equivalents — 5.2%Retailing — 4.3%IT - Software — 4.1%Other — 37.3%Banks16.4%SOVEREIGN9.3%Pharmaceuticals & Biotech…7.7%Realty6.4%CRISIL AA+5.7%CRISIL AAA5.4%Cash & Equivalents5.2%Retailing4.3%IT - Software4.1%Other37.3%
Banks16.40%
SOVEREIGN9.25%
Pharmaceuticals & Biotechnology7.72%
Realty6.41%
CRISIL AA+5.71%
CRISIL AAA5.36%
Cash & Equivalents5.18%
Retailing4.31%
IT - Software4.08%
Telecom - Services3.40%
Finance3.06%
Automobiles3.00%
Capital Markets2.41%
Petroleum Products2.34%
Aerospace & Defense2.03%
Healthcare Services1.80%
Ferrous Metals1.70%
Industrial Products1.66%
Transport Services1.60%
ICRA AAA1.41%
MF Analyser

Mahindra Manulife Balanced Advantage Fund

Direct Plan · Growth · holdings as on 31 Oct 2026

Top 30 holdings

#CompanySectorShares held Value
₹ cr		% of fund
1 Brookfield India Real Estate Trust Realty 1,311,396 41 4.74%
2 ICICI Bank Limited Banks 257,500 36 4.14%
3 7.24% Government of India 2055 SOVEREIGN 3,500,000 33 3.74%
4 7.71% Government of India 2066 SOVEREIGN 3,000,000 29 3.37%
5 8.52% Muthoot Finance Limited 2028 CRISIL AA+ 2,500,000 25 2.85%
6 Bharti Airtel Limited Telecom - Services 118,000 23 2.68%
7 Eternal Limited Retailing 605,000 21 2.39%
8 Reliance Industries Limited Petroleum Products 175,000 20 2.34%
9 HDFC Bank Limited Banks 291,201 20 2.32%
10 Axis Bank Limited Banks 150,000 18 2.10%
11 Laurus Labs Limited Pharmaceuticals & Biotechnology 75,761 18 2.09%
12 Tech Mahindra Limited IT - Software 94,000 17 1.93%
13 Apollo Hospitals Enterprise Limited Healthcare Services 18,500 16 1.80%
14 Net Receivables / (Payables) Unclassified — 15 1.75%
15 Jindal Steel Limited Ferrous Metals 139,812 15 1.70%
16 IndusInd Bank Limited Banks 176,000 15 1.69%
17 Net Receivables / (Payables) Unclassified — 15 1.69%
18 Triparty Repo Unclassified — 15 1.68%
19 The Federal Bank Limited Banks 420,000 14 1.64%
20 State Bank of India Banks 131,500 13 1.45%
21 Larsen & Toubro Limited Construction 31,400 12 1.40%
22 Bajaj Finance Ltd Finance 129,549 12 1.40%
23 Senores Pharmaceuticals Limited Pharmaceuticals & Biotechnology 105,000 12 1.37%
24 Titan Company Limited Consumer Durables 26,500 12 1.35%
25 Aditya Vision Ltd Retailing 206,658 11 1.30%
26 Mahindra & Mahindra Limited Automobiles 39,600 11 1.29%
27 Glenmark Pharmaceuticals Limited Pharmaceuticals & Biotechnology 48,065 11 1.27%
28 Divi's Laboratories Limited Pharmaceuticals & Biotechnology 11,300 11 1.27%
29 Bank of Maharashtra Banks 1,337,000 11 1.25%
30 Bharat Heavy Electricals Limited Electrical Equipment 278,000 11 1.24%
MF Analyser

Mahindra Manulife Balanced Advantage Fund

Direct Plan · Growth · where the money sits

What the manager did last month

Between the filings of 30 Sep 2026 and 31 Oct 2026. A position grows because the manager bought or because the price rose; only the share count separates them.

BoughtSoldNew positionsSold out ofPrice move of holdings
₹29 cr ₹5 cr 4 2 +0.58%
StockShares tradedShares PriceValue
₹ cr
New position
Sagility Limited 900,000 entered — 3.8
One 97 Communications Limited 20,000 entered — 3.3
HBL Engineering Limited 40,500 entered — 3.2
Embassy Office Parks REIT 71,764 entered — 3.0
Added to
Brookfield India Real Estate Trust 745,000 +131.5% -6.4% 23.5
Tech Mahindra Limited 10,000 +11.9% +17.5% 1.8
Senores Pharmaceuticals Limited 15,000 +16.7% -18.2% 1.7
HDFC Asset Management Company Limited 5,600 +28.0% +1.3% 1.3
Reliance Industries Limited 10,000 +6.1% -1.9% 1.2
Trimmed
IndusInd Bank Limited 30,000 -14.6% -7.0% 2.5
Aditya Birla Sun Life AMC Limited 25,401 -31.8% -19.1% 2.1
Sold out of
Fortis Healthcare Limited 130,000 exited — 10.0
Arvind Fashions Limited 49,822 exited — 1.9
Not equityPrevious filingThis filingChange
Cash, repo and TREPS ₹0 cr ₹0 cr +₹0 cr
Debt: bills, CDs and commercial paper ₹200 cr ₹184 cr −₹16 cr

The list above is stocks and fund units. Treasury bills, repo and money-market lines roll over every month by design — they are not decisions, so they are totalled here rather than listed as activity.

Not investment advice. MF Analyser is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past returns do not predict future ones. Generated 14 Nov 2026.