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L&T Balanced Advantage Fund IDCW-0.72%

22.98%
1 Year Return
Hybrid
Balanced Advantage
3.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Balanced Advantage Fund IDCW

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.13%
NAV₹17.75 (13 Apr 2021)
Fund Started07 Feb 2011
Fund Size1,582 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
23.0%
7.7%
8.5%
11.8%
Category Average
28.4%
6.9%
8.7%
-
Rank Within Category
20
7
7
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 23.0% returns per annum

Comparison

Data not available
Pros
1. 3Y Returns are higher than the category average returns
Cons
1. Higher expense ratio - 2.17%
2. 1Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
GOISovereignGOI Sec10.0%
Bharti Airtel Ltd.CommunicationEquity5.3%
L&T Liquid Plan Direct-GrowthFinancialMutual Fund5.1%
ICICI Bank Ltd.FinancialEquity4.7%
Adani Ports and Special Economic Zone Ltd.ServicesEquity3.8%
Tata Steel Ltd.MetalsEquity3.3%
GOISovereignGOI Sec3.2%
Reliance Industries Ltd.EnergyEquity2.9%
Bharat Petroleum Corpn. Ltd.EnergyEquity2.5%
State Bank of IndiaFinancialEquity2.5%
See All

Fund Managers

Venugopal Manghat
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Soumendra Nath Lahiri
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Jalpan Shah
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Vihang Naik
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L&T Balanced Advantage Fund IDCW Details

L&T Balanced Advantage Fund IDCW is a Hybrid Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 07 Feb 2011. Soumendra Nath Lahiri, Jalpan Shah, Praveen Ayathan is the Current Fund Manager of L&T Balanced Advantage Fund IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹1,582 Cr and the Latest NAV as of 13 Apr 2021 is ₹17.75.

The L&T Balanced Advantage Fund IDCW is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year

Investment Objective

The scheme seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities and to generate reasonable returns through a portfolio of debt and money market instruments arbitrage opportunities in the cash and derivative segments of the equity markets.

Tax Implications

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year
Exit Load

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About L&T Mutual Fund

Address
6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
Phone
022-66554000
Launch Date
03 Jan 1997
L&T Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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