L&T Balanced Advantage Fund Growth+0.11%

2Groww
7.85%
1 Year Return
Hybrid
Balanced Advantage
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

L&T Balanced Advantage Fund Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.50%
NAV25.06 (15 Nov 2019)
Fund Started07 Feb 2011
Fund Size645 Cr

Returns

1Y
3Y*
5Y*
Since inception*
L&T Balanced Advantage Fund Growth
7.8%
7.3%
6.0%
11.0%
Category Average
2.5%
5.9%
7.0%
-
Rank within category
8
9
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 7.8% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the benchmark
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. Risk is higher compared to the benchmark
    3. Higher expense ratio
    4. 3Y Returns are lower than the benchmark
    5. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity6.8%
    HDFC Bank Ltd.FinancialFixed Deposits6.0%
    Housing Development Finance Corpn. Ltd.FinancialEquity5.7%
    HDFC Life Insurance Co Ltd.FinancialEquity5.0%
    Export-Import Bank Of IndiaFinancialBonds4.3%
    Infosys Ltd.TechnologyEquity4.3%
    National Highways Authority of India Ltd.ServicesDebenture4.0%
    ITC Ltd.FMCGEquity3.9%
    Larsen & Toubro Ltd.ConstructionEquity3.6%
    Kotak Mahindra Bank Ltd.FinancialEquity3.6%
    See All

    Fund Managers

    addSoumendra Nath Lahiri
    Education
    Mr. Lahiri is a B.Tech and PGDM from IIM Bangalore.
    Experience
    Prior to joining L&T Mutual Fund he has worked with Canara Robeco AMC Co. Ltd., Emkay Investment Managers Ltd, Fortuna Capital, DSP Mutual Fund.
    Funds Managed
    addJalpan Shah
    Education
    Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
    Experience
    Prior to joining L&T, he was associated with FIL Fund Management Private Limited (Dec 2007-Nov 2012), Lotus India Asset Management Company Private Limited (Sep 2007-Nov 2007) as a Research Analyst, UTI Asset Management Company Private Limited (July 2006-Aug 2007) as a Research Analyst and UTI Asset Management Company Private Limited(May 2004-June 2006) as a Sales & Marketing Manager.
    Funds Managed

    Other Details

    L&T Balanced Advantage Fund Growth is a Hybrid Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was introduced to investors on 07 Feb 2011. Soumendra Nath Lahiri, Jalpan Shah, Praveen Ayathan is the Current Fund Manager of L&T Balanced Advantage Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹645 Cr and the Latest NAV as of 15 Nov 2019 is ₹25.06.

    The L&T Balanced Advantage Fund Growth is rated Moderately High risk. Minimum SIP Investment is 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

    To seek to generate long term capital appreciation from a diversified portfolio of equity and equity related securities and to generate reasonable returns by investing in a portfolio of debt and money market instruments and arbitrage opportunities in the cash and derivatives segments of the equity markets. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

    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
    02 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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