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L&T Balanced Advantage Fund Growth

Hybrid
Dynamic Asset Allocation
Moderate Risk
14.29%
1Y return
+0.17% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Jul 2021₹30.07
Min. SIP Amount₹500
Rating3star
Fund Size₹1,843.77 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns14.3%8.3%8.3%11.1%
Category average24.8%9.3%9.1%NA
Rank with in category2297NA
Understand termsinfo

Holdings (68)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec9.4%
GOI
SovereignGOI Sec8.4%
Reliance Industries Ltd.EnergyEquity7.1%
ICICI Bank Ltd.FinancialEquity4.9%
Bharti Airtel Ltd.CommunicationEquity4.4%
Tata Steel Ltd.MetalsEquity3.7%
Kotak Mahindra Bank Ltd.FinancialEquity2.8%
Vedanta Ltd.MetalsEquity2.7%
State Bank of India
FinancialEquity2.3%
UPL Ltd.ChemicalsEquity1.9%
See All

Pros and cons

Category: Hybrid Dynamic Asset Allocation

Pros

  • 10Y Returns are higher than the category average returns

Cons

  • Higher expense ratio - 2.11%
  • 1Y Returns are lower than the category average returns
  • 3Y Returns are lower than the category average returns
  • 5Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 2.11%

Inclusive of GST

Exit load

Exit load of 1% if units in excess of 10% are redeemed or switched-out within 1 year

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand termsinfo

Minimum investment amounts

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

Fund management

Venugopal Manghat
Dec 2019 - Present
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Soumendra Nath Lahiri
Nov 2012 - Present
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Jalpan Shah
May 2016 - Present
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Vihang Naik
Dec 2019 - Present
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Cheenu Gupta
Jul 2021 - Present
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Fund house & investment objective

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Fund house contact details

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