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NFO Alert-

“Mahindra AMC Launches Mahindra Manulife Balanced Advantage Yojana NFO. The fund is open for subscription between December 9, 2021, and December 23, 2021”


Read below for more details about the NFO!                


Basic Details About The NFO…

  • Fund Name- Mahindra Manulife Balanced Advantage Yojana NFO
  • Type- An open-ended dynamic asset allocation fund.
  • Subscription open date- 9th December 2021
  • Subscription close date- 23rd December 2021
  • Benchmark- Nifty 50 Hybrid Composite Debt 50: 50 Index TRI
  • Minimum Amount for Application during NFO- Rs 1000 and in multiples of Rs 1 after that.
  • Plans- Both Direct and Regular Plans are available
  • Options Available- Both Growth and Income Distribution Cum Capital Withdrawal Option (ICDW)


Investment Objective…….

The investment objective of the Balanced Advantage Yojana is to maximize investor return and generate income through a dynamic mix of equity, debt, and money market instruments. The Scheme tries to reduce volatility by diversifying its assets across equity, debt, and money market instruments. However, there can be no assurance that the scheme would meet the investment objective.


Exit Load Trends In The NFO……

The fund has no entry load however it has some exit load trends that are listed below:

  • An exit load of 0.5% is payable if units are redeemed or switched out within three months from the date of allotment.
  • There is no exit load if units are redeemed or switched out after three months from the date of allotment.


Fund Managers Of The NFO…….

The fund manager appointed to manage the equity part asset allocation of this new hybrid fund NFO is, Mr. Manish Lodha and Ms. Fatema Pocha. While the fund manager appointed to manage the debt part of the new NFO launched is Mr. Rahul Pal. 


Why Invest In This NFO?

Well, there are various reasons that make these funds a good option to invest in. Some optimal reasons are listed below: 

  • Optimal asset allocation at regular intervals 
  • Aims to capture the optimum mix between Equity and Debt across market cycles.
  • Flexibility to invest up to 100% between Equity and Debt
  • The Scheme may be suitable for volatile market conditions
  • Endeavors to provide tax efficiency.


Who Should Invest In This NFO?

The fund is suitable for investors who are seeking: 

  • Capital appreciation while generating income over the medium to long term
  • Investors who want to invest in a dynamically managed portfolio of equity and equity-related instruments and debt and money market instruments.


Note: Investors should consult their financial advisers if in doubt about whether the product is suitable for them or you can also get in touch with our executives for more suggestions.


Keep reading our article and stay updated with the latest news about Mutual Funds!

For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.


Happy Investing!


(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee to future returns).