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LIC MF Balanced Advantage Fund Direct Growth
+7.74%
3Y annualised
+0.28% 1D
NAV: 29 Oct '26
₹14.30
Min. for SIP
₹200
Fund size (AUM)
₹653.43 Cr
Expense ratio
1.44%
Rating
2
Return calculator
Monthly investment
₹5,000
| Over the past | Total investment | Would've become | Historic returns | Returns |
|---|---|---|---|---|
| 3 months | ₹15,000 | ₹14,706 | -1.96% | |
| 6 months | ₹30,000 | ₹29,592 | -1.36% | |
| 1 year | ₹60,000 | ₹59,332 | -1.11% | |
| 3 years | ₹1,80,000 | ₹1,86,912 | +3.84% |
Holdings (56)
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹500
Min. for SIP
₹200
Returns and rankings
| Name | 6M | 1Y | 3Y | All |
|---|---|---|---|---|
| Fund returns | +0.4% | -3.8% | +7.7% | +7.5% |
| Category average (Hybrid Dynamic Asset Allocation) | -2.0% | -3.7% | +8.5% | +10.6% |
| Rank (Hybrid Dynamic Asset Allocation) | -- | 23 | 25 | -- |
Exit load, stamp duty and tax
Exit load
Exit load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.
Stamp duty on investment: 0.005% (from July 1st, 2020)
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%.
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
 | +2.15% | +11.70% | 9,836.35 | |
 | -5.47% | +10.60% | 1,02,533.96 | |
 | -0.12% | +10.56% | 71,913.46 | |
 | +0.09% | +10.18% | 3,703.78 | |
 | -1.76% | +10.08% | 9,532.23 | |
| Compare | ||||
Fund management
About LIC MF Balanced Advantage Fund Direct Growth
LIC MF Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Rahul Singh is the Current Fund Manager of LIC MF Balanced Advantage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹46,537 Cr and the Latest NAV as of 29 Oct 2026 is ₹14.30.
The LIC MF Balanced Advantage Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹200. Minimum Lumpsum Investment is ₹5,000. Exit load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.
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Investment Objective
The scheme seeks to provide capital appreciation/ income to the investors from a dynamic mix of equity, debt and money market instruments. The Scheme seeks to reduce the volatility by diversifying the assets across equity, debt and money market instruments.
Fund benchmarkNIFTY 50 Hybrid Composite Debt 50:50 Index
Fund house
Rank (total assets)#20 in India
Total AUM₹46,536.82 Cr
Date of Incorporation20 Apr 1994
Launch Date20 Apr 1994
AddressIndustrial Assurance BuildingGround Floor, Opp. Churchgate Station Mumbai 400020
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,