Mahindra Mutual Fund launches Mahindra Manulife Balanced Advantage Yojana

NFO period: 09^th December – 23^rd December, 2021

Highlights of the NFO:

• Scheme type – An open ended dynamic asset allocation fund


• 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.


• Product suitability – This product is suitable for investors who are seeking Capital Appreciation while generating income over medium to long term; by investing in a dynamically managed portfolio of equity and equity related instruments and debt and money market instruments.


• Minimum Application Amount – First investment is Rs. 1,000/- and multiples of Rs. 1/- thereafter


• Plan/ Options available – Direct Plan and Regular Plan having Growth Option and Income Distribution cum Capital Withdrawal Option / IDCW Option.


• Fund Managers – Mr. Manish Lodha (Equity), Ms. Fatema Pacha (Equity) and Mr. Rahul Pal (Debt)


• Benchmark – Nifty 50 Hybrid Composite Debt 50: 50 Index TRI