Mahindra Manulife Mutual Fund has launched Mahindra Manulife Balanced Advantage Yojana Fund. The New Fund Offer (NFO) opens on Nov 09, 2021 and closes on Nov 23, 2021.  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 benchmark for this fund is Nifty 50 Hybrid Composite Debt 50: 50 Index TRI.  The fund will be managed by Mr. Manish Lodha and Ms. Fatema Pacha and Mr. Rahul Pal.