Mahindra Manulife Investment Management has launched Mahindra Manulife Balanced Advantage Yojana, an open ended dynamic asset allocation fund. The scheme 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. The fund will aim to optimize the potential of equity and debt over short to medium term period.
The New Fund Offer opens on December 9th, 2021 and closes on December 23rd, 2021. The scheme will reopen for continuous sale and repurchase from 3rd January, 2021. Mahindra Manulife Balanced Advantage Yojana will have maximum 100% investment in either equity
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