LIC MF Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Moderately High Risk
1M
6M
1Y
All
NAV: 06 Sep 2024₹13.84
Min. SIP amount₹1,000
RatingNA
Fund size₹872.09Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Absolute returns
3M6M1YAll
Fund returns8.5%12.2%20.7%38.9%
Category averageNANA24.3%NA
Rank with in category211930NA
Understand terms

Holdings (87)

NameSectorInstrumentAssets
SovereignGOI Sec8.91%
FinancialEquity8.76%
EnergyEquity6.78%
FinancialEquity6.09%
AutomobileEquity4.57%
FinancialEquity4.51%
Consumer StaplesEquity4.11%
TechnologyEquity3.62%
TechnologyEquity3.43%
HDFC Bank Ltd.
FinancialDebenture3.11%
See All

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%

Expense ratio, exit load and tax

Expense ratio: 0.56%

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

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

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

Fund management

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,

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