LIC MF Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Very High Risk
01234567890123456789.01234567890123456789%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
All
NAV: 31 Mar 2025₹13.91
Min. SIP amountNot Supported
Rating3
Fund size₹719.51Cr

Holdings (91)

NameSectorInstrumentAssets
FinancialEquity7.16%
SovereignGOI Sec7.15%
Jamnagar Utilities and Power Pvt. Ltd.
Capital GoodsDebenture7.07%
SovereignGOI Sec5.01%
EnergyEquity4.11%
TechnologyEquity4.10%
AutomobileEquity3.82%
FinancialEquity2.92%
FinancialEquity2.84%
FinancialEquity2.81%
TechnologyEquity2.56%
Capital GoodsEquity1.77%
FinancialEquity1.74%
ChemicalsEquity1.74%
ConstructionEquity1.57%
ConstructionEquity1.53%
SovereignGOI Sec1.49%
DiversifiedEquity1.16%
Metals & MiningEquity1.10%
Consumer StaplesEquity1.08%
EnergyEquity1.06%
CommunicationEquity1.00%
AutomobileEquity0.98%
Capital GoodsEquity0.96%
EnergyEquity0.95%
HealthcareEquity0.95%
HealthcareEquity0.92%
ServicesEquity0.91%
FinancialEquity0.87%
Capital GoodsEquity0.83%
HealthcareEquity0.79%
Capital GoodsEquity0.78%
AutomobileEquity0.77%
TechnologyEquity0.70%
Capital GoodsEquity0.70%
HealthcareEquity0.69%
Consumer StaplesEquity0.65%
HealthcareEquity0.65%
HealthcareEquity0.64%
FinancialEquity0.60%
CommunicationEquity0.60%
Consumer StaplesEquity0.60%
AutomobileEquity0.57%
EnergyEquity0.57%
Consumer StaplesEquity0.57%
EnergyEquity0.56%
Metals & MiningEquity0.55%
FinancialEquity0.55%
Capital GoodsEquity0.53%
ChemicalsEquity0.52%
FinancialEquity0.51%
Capital GoodsEquity0.51%
InsuranceEquity0.50%
Capital GoodsEquity0.50%
Metals & MiningEquity0.48%
ConstructionEquity0.48%
Consumer StaplesEquity0.47%
Capital GoodsEquity0.46%
ServicesEquity0.46%
HealthcareEquity0.41%
FinancialEquity0.40%
ChemicalsEquity0.40%
AutomobileEquity0.40%
Consumer DiscretionaryEquity0.38%
TechnologyEquity0.37%
EnergyEquity0.37%
FinancialEquity0.36%
Capital GoodsEquity0.30%
Consumer DiscretionaryEquity0.29%
Capital GoodsEquity0.28%
Metals & MiningEquity0.26%
OthersEquity0.25%
FinancialEquity0.25%
Capital GoodsEquity0.25%
ChemicalsEquity0.23%
FinancialEquity0.21%
HealthcareEquity0.21%
TechnologyEquity0.19%
AutomobileEquity0.19%
FinancialEquity0.19%
ServicesEquity0.17%
ServicesEquity0.12%
ChemicalsEquity0.03%
ServicesEquity0.02%
AutomobileEquity0.01%
FinancialEquity0.00%
Capital GoodsEquity0.00%
Reliance Industries Ltd.
EnergyFutures-0.79%
State Bank of India
FinancialFutures-1.38%
Tata Consultancy Services Ltd.
TechnologyFutures-1.67%
Mahindra & Mahindra Ltd.
AutomobileFutures-3.39%
See All

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA11.1%11.4%10.3%
Category averageNA6.2%10.6%NA
Rank with in categoryNA618NA
Understand terms

Peer Comparison

Expense ratio, exit load and tax

Expense ratio: 0.82%

Inclusive of GST

Exit load

Exit load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

Understand terms
Check past data

Fund management

Rahul Singh
Oct 2021 - Present
View details

Education
Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.
Experience
Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).
Also manages these schemes

Jaiprakash Toshniwal
Jun 2022 - Present
View details

Fund house & investment objective

Fund house contact details

Address
Industrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
Phone
022-66016177 / 022-66016178
Launch Date
20 Apr 1994
LIC Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

Lower expense ratio: 0.55%

Cons

1Y annualised returns lower than category average by 5.72%

Compare funds

LIC MF Balanced Advantage Fund Direct Growth
VS
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MONTHLY SIP
ONE-TIME
SIP Amount
Monthly SIP Date
1st
Next SIP instalment on 31 of Mar
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