Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW
Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds. From Mahindra Manulife Mutual Fund. It's been running since 3 Jan 2022.
What ₹1 lakh would have become
Based on past returnsThese are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.
Play with a monthly investment
Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.
Vs 24 other funds in Hybrid Schemes - Balanced Advantage Fund/ Dynamic Asset Allocation
Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.
Year by year
Calendar-year returns. 3 of last 5 years were positive.
Price over time
How the per-unit price has moved. Tap a range to zoom in.
Bumpiness & worst drops
The value swings roughly 13% up or down in a typical year. Finance-speak calls this volatility.
A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.
Similar funds you might want to look at
Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.
Head-to-head comparisons
Side-by-side comparisons of Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW against other hybrid funds.
Technical details (for the pros)
Fund info
- Fund house
- Mahindra Manulife Mutual Fund
- Category
- Hybrid Schemes - Balanced Advantage Fund/ Dynamic Asset Allocation
- Plan
- Direct
- Option
- IDCW
- ISIN (Growth)
- INF174V01BF7
- ISIN (Div re-invest)
- INF174V01BG5
- Fund code
- 149407
- First price on record
- 3 Jan 2022 · 1,152 daily prices
About Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW
Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW is a Hybrid Schemes - Balanced Advantage Fund/ Dynamic Asset Allocation offered by Mahindra Manulife Mutual Fund under the Direct plan with the IDCW option. It has approximately 5 years of NAV track record. The fund falls in the hybrid category — Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds.
The current NAV of Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW is ₹13.0628 (as of 4 Sep 2026). Historically, it has delivered 0.33% over the last year, 3.69% CAGR over 3 years. Returns are historical and don't predict future performance.
Over the last three years, the fund's prices have moved with 12.8% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 18.1%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.
Frequently asked
What is the latest NAV of Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW?+
The latest NAV of Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW is ₹13.0628 as of 4 Sep 2026, down 0.14% from the previous day. NAV is updated once a business day after the market close.
What are the returns of Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW?+
Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW has delivered 1-year return 0.33%, 3-year CAGR 3.69%, since-inception CAGR 5.87%. Returns are historical and don't predict future performance — markets move in cycles.
What category does Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW belong to?+
Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW is categorised as Hybrid Schemes - Balanced Advantage Fund/ Dynamic Asset Allocation. Combines equity and debt in one fund. Aims for a smoother ride than pure equity funds.
How risky is Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW?+
Based on its 3-year annualised volatility of 12.8%, Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.
Is Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW a direct plan?+
Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).
How old is Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW?+
Mahindra Manulife Balanced Advantage Fund - Direct Plan - IDCW has NAV history available from 3 Jan 2022 — approximately 5 years of track record and 1,152 daily NAV observations.
Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.