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L&T Balanced Advantage Fund Direct IDCW

Hybrid
Dynamic Asset Allocation
Moderate Risk
Payout
12.34%
3Y annualised
+0.04% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 18 Oct 2021₹21.08
Min. SIP amount₹500
Rating3star
Fund size₹2,062.53 Cr

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns18.0%12.3%10.2%12.8%
Category average24.8%9.3%9.1%NA
Rank with in category23139NA
Understand termsinfo

Holdings (64)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec9.8%
GOI
SovereignGOI Sec7.7%
EnergyEquity6.6%
FinancialEquity4.8%
MetalsEquity4.2%
ConstructionEquity3.7%
GOI
SovereignGOI Sec3.7%
FinancialEquity3.0%
MetalsEquity2.7%
Sun Pharmaceutical Industries Ltd.
HealthcareEquity2.5%
See All

Pros and cons

info
Category: Hybrid Dynamic Asset Allocation
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Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 0.97 The fund has generated returns higher than benchmark - Groww Debt Hybrid - in the last 3Y
Lower expense ratio: 0.7%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
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Cons

1Y annualised returns lower than category average by 6.76%

Expense ratio, exit load and tax

Expense ratio: 0.70%

Inclusive of GST

Exit load

Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand termsinfo
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Venugopal Manghat
Dec 2019 - Present
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Soumendra Nath Lahiri
Jan 2013 - Present
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Jalpan Shah
May 2016 - Present
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Vihang Naik
Dec 2019 - Present
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Cheenu Gupta
Jul 2021 - Present
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Fund house & investment objective

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Fund house contact details

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