LIC MF Balanced Advantage Fund Direct Growth

LIC MF Balanced Advantage Fund Direct Growth

NAV as on 04-04-2025

₹ 13.62

-0.3%

1D

Inception Returns

10.1%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
111 people have invested ₹ 2.1L 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 ₹720 Cr worth of assets under management (AUM) as on Feb 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 10.06% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 9.96% and 11.01% respectively.

Holdings

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

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 ratio0.82%
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR
AUM₹720 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
14
/17
22% Performance
60% Risk Management
34% Cost
14 out of 17 among dynamic asset allocation

Trailing Returns

as on (04-Apr-25)

Period
LIC MF Balanced Advantage Fund Direct Growth
Dynamic Asset Allocation Index
1M
5.6%
3.1%
3M
-2.3%
-4.3%
6M
-0.9%
-5.7%
1Y
10%
3.9%
3Y
11%
10.2%

Fund Distribution

as on (28-Feb-25)

  • Equity 67.7%

  • Debt & Cash 32.3%

Large cap
47.7%

Small cap
14.3%

Mid cap
11.2%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
29.5%
Industrial
15.1%
Tech
10.6%
Basic Materials
10.1%
Consumer Cyclical
9.2%
Health
7.1%
Energy
6.8%
Consumer Defensive
4.5%
Utilities
3.8%
Communication
3.4%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 719.5 Cr
₹ 769.4 Cr
₹ 792.3 Cr
  • AUM of the fund stands at 719.5 Cr as of Feb'25
  • AUM decreased by 49.9 Cr between Feb'25 and Jan'25
Top Stocks bought last month
NHPC Ltd's allocation increased from 0.2% to 0.57%
NHPC Ltd's allocation increased from 0.2% to 0.57%
ICICI Lombard General Insurance Co Ltd's allocation increased from 0.13% to 0.48%
ICICI Lombard General Insurance Co Ltd's allocation increased from 0.13% to 0.48%
Bharat Bijlee Ltd's allocation increased from 0.16% to 0.51%
Bharat Bijlee Ltd's allocation increased from 0.16% to 0.51%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 9.39 % to 8.62 %
HDFC Bank Ltd's allocation decreased from 9.39 % to 8.62 %
Tata Consultancy Services Ltd's allocation decreased from 4.44 % to 4.18 %
Tata Consultancy Services Ltd's allocation decreased from 4.44 % to 4.18 %
Reliance Industries Ltd's allocation decreased from 4.16 % to 3.93 %
Reliance Industries Ltd's allocation decreased from 4.16 % to 3.93 %

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

Feb'25
Government
42%
Financial Services
29%
Corporate
22%
Jan'25
Government
35%
Financial Services
31%
Corporate
18%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
7.16%
-22.8%
Reliance Industries Ltd
Reliance Industries Ltd
4.11%
0%
Tata Consultancy Services Ltd
Tata Consultancy Services Ltd
4.1%
4.6%
Mahindra & Mahindra Ltd
Mahindra & Mahindra Ltd
3.82%
4.9%
Kotak Mahindra Bank Ltd
Kotak Mahindra Bank Ltd
2.92%
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
9.96%
11.01%
-
10.06%
DSP Dynamic Asset Allocation Fund Direct Growth
DSP Dynamic Asset Allocation Fund Direct Growth
13.03%
11.74%
15.65%
10.43%
Kotak Balanced Advantage Fund Direct Growth
Kotak Balanced Advantage Fund Direct Growth
8.75%
11.39%
18.31%
11.68%
ICICI Prudential Balanced Advantage Fund Direct Plan Growth
ICICI Prudential Balanced Advantage Fund Direct Plan Growth
8.12%
12.39%
19.6%
13%
Fund
Feb'25
Jan'25
Dec'24
No of Holdings
94
113
108
Top 5 Company Concentration
22.1%
23.9%
23.4%
Company having highest exposure
HDFC Bank Ltd (7.2%)
HDFC Bank Ltd (8.5%)
HDFC Bank Ltd (8.6%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
119.3%
109.3%
98%
Sector having highest exposure
Government (42.3%)
Government (34.6%)
Financial Services (30%)
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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
₹30.83K Cr
as on 28-Feb-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 10.06% since inception which is more than its category average return of 9.53%
Fund Allocations

Fund Allocations

This fund has an allocation of 67.71% in Equity, 20.72% in Debt and 11.57% in Cash related instruments
AUM size ₹720 Cr

AUM size ₹720 Cr

This fund has AUM of ₹720 Cr which is less than its category average of ₹ 9419 Cr
Expense Ratio 0.82%

Expense Ratio 0.82%

This fund has an expense ratio of 0.82% which is less than its category average expense ratio of 1.34%

Frequently Asked Questions for LIC MF Balanced Advantage Fund Direct Growth

The current NAV of LIC MF Balanced Advantage Fund Direct Growth is ₹13.62 as on 04-Apr-2025.
Existing (Absolute + CAGR) as on 04-Apr-2025.
LIC MF Balanced Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.63%
5.63%
6 Month Returns
-0.87%
-0.87%
1 Year Returns
9.96%
9.96%
3 Years Returns
36.8%
11.01%
5 Years Returns
0%
0%
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0.82% as on March 2025
₹720 Cr as on March 2025
HDFC Bank Ltd(7.16%), 7.18% Govt Stock 2037(7.15%), Reliance Utilities And Power Private Limited(7.07%), 7.26% Govt Stock 2032(5.01%), Reliance Industries Ltd(4.11%) as on March 2025
Financial Services(19.95%), Government(13.65%), Cash Equivalent(11.57%) 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%