LIC MF Balanced Advantage Fund Direct Growth

LIC MF Balanced Advantage Fund Direct Growth

NAV as on 24-04-2025

₹ 14.25

0.3%

1D

Inception Returns

10.8%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
106 people have invested ₹ 2L in LIC MF Balanced Advantage Fund Direct Growth in the last three months

About LIC MF Balanced Advantage Fund Direct Growth

LIC MF Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 12 November, 2021. The fund is managed by Rahul Singh, Yogesh Patil. This fund gives you the benefit of diversification.

Key Parameters

  1. LIC MF Balanced Advantage Fund Direct Growth has ₹757 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

LIC MF Balanced Advantage Fund Direct Growth has given a CAGR return of 10.83% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 12.92% and 12.50% respectively.

Holdings

LIC MF Balanced Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Financial Services, Corporate, Industrial, Tech, Basic Materials, Energy, Health, Consumer Cyclical, Consumer Defensive, Communication, Utilities.

Taxation

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of LIC MF Balanced Advantage Fund Direct Growth

The investment objective of the scheme is 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. However, there is no assurance or guarantee that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Balanced Advantage Fund Direct Growth has no lock in period.

LIC MF Balanced Advantage Fund Direct Growth Overview

Expense ratio0.8%
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR
AUM₹757 Cr
Inception Date12 November, 2021
Min Lumpsum/SIP₹5000/₹200
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
73.93%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

INDmoney Rank for LIC MF Balanced Advantage Fund Direct Growth

Powered by IND quant engine
15
/17
7% Performance
62% Risk Management
35% Cost
15 out of 17 among dynamic asset allocation

Trailing Returns

as on (24-Apr-25)

Period
LIC MF Balanced Advantage Fund Direct Growth
Dynamic Asset Allocation Index
1M
2.8%
2.2%
3M
2.9%
1.7%
6M
3.2%
-1.2%
1Y
12.9%
6.7%
3Y
12.5%
11.6%

Fund Distribution

as on (31-Mar-25)

  • Equity 64%

  • Debt & Cash 36%

Large cap
44.5%

Small cap
13.7%

Mid cap
11.7%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Sep'24

Financial Services
31.9%
Industrial
16.6%
Tech
12.8%
Basic Materials
9%
Energy
7.4%
Health
7.2%
Consumer Cyclical
4.3%
Consumer Defensive
3.7%
Communication
3.6%
Utilities
3.4%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 756.7 Cr
₹ 719.5 Cr
₹ 769.4 Cr
  • AUM of the fund stands at 756.7 Cr as of Mar'25
  • AUM increased by 37.2 Cr between Mar'25 and Feb'25
Top Stocks sold last month
Nestle India Ltd's allocation decreased from 5.26 % to 0.18 %
Nestle India Ltd's allocation decreased from 5.26 % to 0.18 %

Top 3 Sectors in March were Government, Financial Services & Corporate

Mar'25
Government
37%
Financial Services
32%
Corporate
19%
Feb'25
Government
42%
Financial Services
29%
Corporate
22%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
7.18%
0%
Reliance Industries Ltd
Reliance Industries Ltd
4.35%
4.6%
Tata Consultancy Services Ltd
Tata Consultancy Services Ltd
4.04%
0%
Kotak Mahindra Bank Ltd
Kotak Mahindra Bank Ltd
3.06%
-3.4%
State Bank of India
State Bank of India
3.02%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
LIC MF Balanced Advantage Fund Direct Growth
LIC MF Balanced Advantage Fund Direct Growth
12.92%
12.5%
-
10.83%
Axis Balanced Advantage Fund Direct Growth
Axis Balanced Advantage Fund Direct Growth
15.49%
15.59%
15.76%
11.31%
Kotak Balanced Advantage Fund Direct Growth
Kotak Balanced Advantage Fund Direct Growth
12.61%
13.11%
16.64%
12.16%
ICICI Prudential Balanced Advantage Fund Direct Plan Growth
ICICI Prudential Balanced Advantage Fund Direct Plan Growth
11.55%
13.64%
17.86%
13.24%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
103
94
113
Top 5 Company Concentration
21.7%
22.1%
23.9%
Company having highest exposure
HDFC Bank Ltd (7.2%)
HDFC Bank Ltd (7.2%)
HDFC Bank Ltd (8.5%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
117%
119.3%
109.3%
Sector having highest exposure
Government (36.8%)
Government (42.3%)
Government (34.6%)
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Rahul Singh
Rahul Singh
Fund Manager of LIC MF Balanced Advantage Fund Direct Growth, since 12 November 2021
Top funds managed
Yogesh Patil
Yogesh Patil
Fund Manager of LIC MF Balanced Advantage Fund Direct Growth, since 12 November 2021
Top funds managed
Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹29.68K Cr
as on 31-Mar-2025
Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,
Phone
+91022-66016000
Website
licmfamc@licmutual.com

LIC MF Balanced Advantage Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 10.83% since inception which is more than its category average return of 10.2%
Fund Allocations

Fund Allocations

This fund has an allocation of 63.97% in Equity, 20.08% in Debt and 15.94% in Cash related instruments
AUM size ₹757 Cr

AUM size ₹757 Cr

This fund has AUM of ₹757 Cr which is less than its category average of ₹ 9806 Cr
Expense Ratio 0.8%

Expense Ratio 0.8%

This fund has an expense ratio of 0.8% which is less than its category average expense ratio of 1.33%

Frequently Asked Questions for LIC MF Balanced Advantage Fund Direct Growth

The current NAV of LIC MF Balanced Advantage Fund Direct Growth is ₹14.25 as on 24-Apr-2025.
Existing (Absolute + CAGR) as on 24-Apr-2025.
LIC MF Balanced Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.78%
2.78%
6 Month Returns
3.19%
3.19%
1 Year Returns
12.92%
12.92%
3 Years Returns
42.36%
12.5%
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0.8% as on March 2025
₹757 Cr as on March 2025
HDFC Bank Ltd(7.18%), 7.18% Govt Stock 2037(6.97%), Reliance Utilities And Power Private Limited(6.83%), 7.26% Govt Stock 2032(4.85%), Reliance Industries Ltd(4.35%) as on March 2025
Financial Services(20.38%), Cash Equivalent(15.94%), Government(13.26%) as on March 2025
AAA
100
Rahul Singh, Yogesh Patil are the fund managers of LIC MF Balanced Advantage Fund Direct Growth
The Exit load of LIC MF Balanced Advantage Fund Direct Growth is 1%