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LIC MF Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationVery High Risk
Direct
NAV (21-Jan-25)
₹13.83-0.73%1D
Returns (Since Inception)
10.68%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹792 Cr
Expense Ratio
0.78%
ISIN
INF767K01QY0
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
12 Nov 2021
About this fund
LIC MF Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 3 years, 2 months and 10 days, having been launched on 12-Nov-21.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹13.83, Assets Under Management (AUM) of 792.35 Crores, and an expense ratio of 0.78%.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹13.83, Assets Under Management (AUM) of 792.35 Crores, and an expense ratio of 0.78%.
- LIC MF Balanced Advantage Fund Direct Growth has given a CAGR return of 10.68% since inception.
- The fund's asset allocation comprises around 56.72% in equities, 19.16% in debts, and 24.12% in cash & cash equivalents.
- You can start investing in LIC MF Balanced Advantage Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+12.82%
+10.18% (Cat Avg.)
3 Years
+11.17%
+11.09% (Cat Avg.)
Since Inception
+10.68%
— (Cat Avg.)
Portfolio Summaryas of 31st December 2024
| Equity | ₹449.42 Cr | 56.72% |
| Debt | ₹151.84 Cr | 19.16% |
| Others | ₹191.09 Cr | 24.12% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹148.26 Cr | 18.71% |
| 7.26% Govt Stock 2032 | Bond - Gov't/Treasury | ₹78.92 Cr | 9.96% |
| HDFC Bank Ltd | Equity | ₹68.31 Cr | 8.62% |
| Reliance Utilities And Power Private Limited | Bond - Corporate Bond | ₹50.61 Cr | 6.39% |
| Treps | Cash - Repurchase Agreement | ₹45.31 Cr | 5.72% |
| Tata Consultancy Services Ltd | Equity | ₹33.16 Cr | 4.18% |
| Reliance Industries Ltd | Equity | ₹31.18 Cr | 3.93% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-28.43 Cr | 3.59% |
| Mahindra & Mahindra Ltd | Equity | ₹28.21 Cr | 3.56% |
| ITC Ltd | Equity | ₹24.53 Cr | 3.10% |
| Infosys Ltd | Equity | ₹23.51 Cr | 2.97% |
| ICICI Bank Ltd | Equity | ₹23.33 Cr | 2.94% |
| Kotak Mahindra Bank Ltd | Equity | ₹21.9 Cr | 2.76% |
| State Bank of India | Equity | ₹21.1 Cr | 2.66% |
| Future on ITC Ltd | Equity - Future | ₹-20.36 Cr | 2.57% |
| Shakti Pumps (India) Ltd | Equity | ₹17.42 Cr | 2.20% |
| Garware Hi-Tech Films Ltd | Equity | ₹15.75 Cr | 1.99% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-15.71 Cr | 1.98% |
| Axis Bank Ltd | Equity | ₹15.25 Cr | 1.92% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-14.04 Cr | 1.77% |
| 07.68 Kt Gs 2039 | Bond - Gov't/Treasury | ₹11.72 Cr | 1.48% |
| Future on State Bank of India | Equity - Future | ₹-11.47 Cr | 1.45% |
| 7.54% Govt Stock 2036 | Bond - Gov't/Treasury | ₹10.6 Cr | 1.34% |
| NTPC Ltd | Equity | ₹10.34 Cr | 1.30% |
| R K Swamy Ltd | Equity | ₹8.17 Cr | 1.03% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-7.56 Cr | 0.95% |
| Hindalco Industries Ltd | Equity | ₹7.53 Cr | 0.95% |
| Bajaj Finance Ltd | Equity | ₹7.52 Cr | 0.95% |
| Bharat Electronics Ltd | Equity | ₹7.39 Cr | 0.93% |
| Bharat Heavy Electricals Ltd | Equity | ₹7.27 Cr | 0.92% |
| Tata Power Co Ltd | Equity | ₹7.26 Cr | 0.92% |
| Tata Consumer Products Ltd | Equity | ₹6.8 Cr | 0.86% |
| Abbott India Ltd | Equity | ₹6.66 Cr | 0.84% |
| Ipca Laboratories Ltd | Equity | ₹6.56 Cr | 0.83% |
| Bharti Airtel Ltd | Equity | ₹6.5 Cr | 0.82% |
| Maruti Suzuki India Ltd | Equity | ₹6.43 Cr | 0.81% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-6.02 Cr | 0.76% |
| UltraTech Cement Ltd | Equity | ₹6 Cr | 0.76% |
| Mphasis Ltd | Equity | ₹5.92 Cr | 0.75% |
| SRF Ltd | Equity | ₹5.9 Cr | 0.75% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹5.9 Cr | 0.74% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-5.76 Cr | 0.73% |
| Larsen & Toubro Ltd | Equity | ₹5.62 Cr | 0.71% |
| Bharat Forge Ltd | Equity | ₹5.59 Cr | 0.71% |
| Tech Mahindra Ltd | Equity | ₹5.49 Cr | 0.69% |
| Texmaco Rail & Engineering Ltd | Equity | ₹4.91 Cr | 0.62% |
| Manorama Industries Ltd | Equity | ₹4.87 Cr | 0.61% |
| Godrej Agrovet Ltd Ordinary Shares | Equity | ₹4.87 Cr | 0.61% |
| Cummins India Ltd | Equity | ₹4.75 Cr | 0.60% |
| Eicher Motors Ltd | Equity | ₹4.68 Cr | 0.59% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-4.67 Cr | 0.59% |
| Afcons Infrastructure Ltd | Equity | ₹4.58 Cr | 0.58% |
| Power Finance Corp Ltd | Equity | ₹4.55 Cr | 0.57% |
| NHPC Ltd | Equity | ₹4.53 Cr | 0.57% |
| Sonata Software Ltd | Equity | ₹4.41 Cr | 0.56% |
| MOIL Ltd | Equity | ₹4.4 Cr | 0.55% |
| Techno Electric & Engineering Co Ltd | Equity | ₹4.39 Cr | 0.55% |
| Tata Communications Ltd | Equity | ₹4.26 Cr | 0.54% |
| Godfrey Phillips India Ltd | Equity | ₹4.17 Cr | 0.53% |
| Future on Axis Bank Ltd | Equity - Future | ₹-4.16 Cr | 0.52% |
| Bharat Bijlee Ltd | Equity | ₹4.04 Cr | 0.51% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹3.9 Cr | 0.49% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-3.9 Cr | 0.49% |
| Future on NTPC Ltd | Equity - Future | ₹-3.87 Cr | 0.49% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹3.83 Cr | 0.48% |
| Grasim Industries Ltd | Equity | ₹3.83 Cr | 0.48% |
| Future on Infosys Ltd | Equity - Future | ₹-3.78 Cr | 0.48% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-3.69 Cr | 0.47% |
| International Gemmological Institute (India) Ltd | Equity | ₹3.69 Cr | 0.47% |
| Coal India Ltd | Equity | ₹3.48 Cr | 0.44% |
| Future on Godrej Consumer Products Ltd | Equity - Future | ₹-3.43 Cr | 0.43% |
| Godrej Consumer Products Ltd | Equity | ₹3.41 Cr | 0.43% |
| REC Ltd | Equity | ₹3.21 Cr | 0.40% |
| Concord Enviro Systems Ltd | Equity | ₹3.02 Cr | 0.38% |
| APL Apollo Tubes Ltd | Equity | ₹3 Cr | 0.38% |
| TVS Motor Co Ltd | Equity | ₹2.95 Cr | 0.37% |
| Tata Chemicals Ltd | Equity | ₹2.92 Cr | 0.37% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-2.92 Cr | 0.37% |
| IndusInd Bank Ltd | Equity | ₹2.9 Cr | 0.37% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-2.88 Cr | 0.36% |
| Hindustan Unilever Ltd | Equity | ₹2.86 Cr | 0.36% |
| ISGEC Heavy Engineering Ltd | Equity | ₹2.84 Cr | 0.36% |
| Ador Welding Ltd | Equity | ₹2.82 Cr | 0.36% |
| Surya Roshni Ltd | Equity | ₹2.81 Cr | 0.35% |
| Endurance Technologies Ltd | Equity | ₹2.61 Cr | 0.33% |
| S H Kelkar & Co Ltd | Equity | ₹2.5 Cr | 0.32% |
| Net Receivables / (Payables) | Cash | ₹-2.48 Cr | 0.31% |
| Bajaj Auto Ltd | Equity | ₹2.2 Cr | 0.28% |
| LTIMindtree Ltd | Equity | ₹2.19 Cr | 0.28% |
| Allied Blenders and Distillers Ltd | Equity | ₹2.19 Cr | 0.28% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹2.19 Cr | 0.28% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹2.07 Cr | 0.26% |
| JK Tyre & Industries Ltd | Equity | ₹2.01 Cr | 0.25% |
| Syngene International Ltd | Equity | ₹1.98 Cr | 0.25% |
| NMDC Ltd | Equity | ₹1.95 Cr | 0.25% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-1.81 Cr | 0.23% |
| Alkem Laboratories Ltd | Equity | ₹1.61 Cr | 0.20% |
| Container Corporation of India Ltd | Equity | ₹1.48 Cr | 0.19% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹1.46 Cr | 0.18% |
| Nestle India Ltd | Equity | ₹1.42 Cr | 0.18% |
| Future on Nestle India Ltd | Equity - Future | ₹-1.39 Cr | 0.18% |
| HCL Technologies Ltd | Equity | ₹1.21 Cr | 0.15% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-1.2 Cr | 0.15% |
| Future on SRF Ltd | Equity - Future | ₹-1.18 Cr | 0.15% |
| Vinati Organics Ltd | Equity | ₹1.02 Cr | 0.13% |
| Foseco India Ltd | Equity | ₹0.28 Cr | 0.04% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-0.01 Cr | 0.00% |
| Kirloskar Oil Engines Ltd | Equity | ₹0 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
37.04%
Mid Cap Stocks
7.68%
Small Cap Stocks
12.87%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹179.31 Cr | 22.63% |
| Technology | ₹75.89 Cr | 9.58% |
| Industrials | ₹67.5 Cr | 8.52% |
| Basic Materials | ₹61.58 Cr | 7.77% |
| Consumer Defensive | ₹55.11 Cr | 6.95% |
| Consumer Cyclical | ₹54.68 Cr | 6.90% |
| Energy | ₹34.66 Cr | 4.37% |
| Utilities | ₹25.15 Cr | 3.17% |
| Healthcare | ₹24.89 Cr | 3.14% |
| Communication Services | ₹18.93 Cr | 2.39% |
Risk & Performance Ratios
Standard Deviation
This fund
6.61%
Cat. avg.
7.80%
Lower the better
Sharpe Ratio
This fund
0.84
Cat. avg.
0.72
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.34
Higher the better
Fund Managers
YP
Yogesh Patil
Since November 2021
Rahul Singh
Since November 2021
JT
Jaiprakash Toshniwal
Since June 2022
Additional Scheme Detailsas of 31st December 2024
ISIN INF767K01QY0 | Expense Ratio 0.78% | Exit Load 1.00% | Fund Size ₹792 Cr | Age 3 years 2 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1113.82 Cr | 0.9% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1113.82 Cr | 2.2% |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1310.36 Cr | 13.2% |
| Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1310.36 Cr | 11.5% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.8% | 1.0% | ₹2272.93 Cr | 12.1% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 1.0% | ₹2272.93 Cr | 10.6% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹908.12 Cr | 8.6% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹908.12 Cr | 10.4% |
| Mirae Asset Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹1779.30 Cr | 10.1% |
| Mirae Asset Balanced Advantage Fund Regular Growth Moderately High risk | 2.1% | 1.0% | ₹1779.30 Cr | 8.5% |
About the AMC
LIC Mutual Fund
Total AUM
₹32,557 Cr
Address
4th Floor, Industrial Assurance Building, Mumbai, 400 020
Other Funds by LIC Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of LIC MF Balanced Advantage Fund Direct Growth?
The NAV of LIC MF Balanced Advantage Fund Direct Growth, as of 21-Jan-2025, is ₹13.83.
What are the returns of LIC MF Balanced Advantage Fund Direct Growth?
The fund has generated 12.82% over the last 1 year and 11.17% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of LIC MF Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 56.72% in equities, 19.16% in bonds, and 24.12% in cash and cash equivalents.
Who manages the LIC MF Balanced Advantage Fund Direct Growth?
The fund managers responsible for LIC MF Balanced Advantage Fund Direct Growth are:-
- Yogesh Patil
- Rahul Singh
- Jaiprakash Toshniwal
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
LIC MF Balanced Advantage Fund Direct Growth
HybridDynamic Asset AllocationVery High Risk
Direct
NAV (21-Jan-25)
₹13.83-0.73%1D
Returns (Since Inception)
10.68%
Rated ★4.5+ on
Fund Overview
Fund Size
₹792 Cr
Expense Ratio
0.78%
ISIN
INF767K01QY0
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
12 Nov 2021
Risk Level
Your principal amount will be at Very High Risk
About this fund
LIC MF Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 3 years, 2 months and 10 days, having been launched on 12-Nov-21.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹13.83, Assets Under Management (AUM) of 792.35 Crores, and an expense ratio of 0.78%.
As of 21-Jan-25, it has a Net Asset Value (NAV) of ₹13.83, Assets Under Management (AUM) of 792.35 Crores, and an expense ratio of 0.78%.
- LIC MF Balanced Advantage Fund Direct Growth has given a CAGR return of 10.68% since inception.
- The fund's asset allocation comprises around 56.72% in equities, 19.16% in debts, and 24.12% in cash & cash equivalents.
- You can start investing in LIC MF Balanced Advantage Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+12.82%
+10.18% (Cat Avg.)
3 Years
+11.17%
+11.09% (Cat Avg.)
Since Inception
+10.68%
— (Cat Avg.)
Portfolio Summaryas of 31st December 2024
| Equity | ₹449.42 Cr | 56.72% |
| Debt | ₹151.84 Cr | 19.16% |
| Others | ₹191.09 Cr | 24.12% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹148.26 Cr | 18.71% |
| 7.26% Govt Stock 2032 | Bond - Gov't/Treasury | ₹78.92 Cr | 9.96% |
| HDFC Bank Ltd | Equity | ₹68.31 Cr | 8.62% |
| Reliance Utilities And Power Private Limited | Bond - Corporate Bond | ₹50.61 Cr | 6.39% |
| Treps | Cash - Repurchase Agreement | ₹45.31 Cr | 5.72% |
| Tata Consultancy Services Ltd | Equity | ₹33.16 Cr | 4.18% |
| Reliance Industries Ltd | Equity | ₹31.18 Cr | 3.93% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-28.43 Cr | 3.59% |
| Mahindra & Mahindra Ltd | Equity | ₹28.21 Cr | 3.56% |
| ITC Ltd | Equity | ₹24.53 Cr | 3.10% |
| Infosys Ltd | Equity | ₹23.51 Cr | 2.97% |
| ICICI Bank Ltd | Equity | ₹23.33 Cr | 2.94% |
| Kotak Mahindra Bank Ltd | Equity | ₹21.9 Cr | 2.76% |
| State Bank of India | Equity | ₹21.1 Cr | 2.66% |
| Future on ITC Ltd | Equity - Future | ₹-20.36 Cr | 2.57% |
| Shakti Pumps (India) Ltd | Equity | ₹17.42 Cr | 2.20% |
| Garware Hi-Tech Films Ltd | Equity | ₹15.75 Cr | 1.99% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-15.71 Cr | 1.98% |
| Axis Bank Ltd | Equity | ₹15.25 Cr | 1.92% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-14.04 Cr | 1.77% |
| 07.68 Kt Gs 2039 | Bond - Gov't/Treasury | ₹11.72 Cr | 1.48% |
| Future on State Bank of India | Equity - Future | ₹-11.47 Cr | 1.45% |
| 7.54% Govt Stock 2036 | Bond - Gov't/Treasury | ₹10.6 Cr | 1.34% |
| NTPC Ltd | Equity | ₹10.34 Cr | 1.30% |
| R K Swamy Ltd | Equity | ₹8.17 Cr | 1.03% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-7.56 Cr | 0.95% |
| Hindalco Industries Ltd | Equity | ₹7.53 Cr | 0.95% |
| Bajaj Finance Ltd | Equity | ₹7.52 Cr | 0.95% |
| Bharat Electronics Ltd | Equity | ₹7.39 Cr | 0.93% |
| Bharat Heavy Electricals Ltd | Equity | ₹7.27 Cr | 0.92% |
| Tata Power Co Ltd | Equity | ₹7.26 Cr | 0.92% |
| Tata Consumer Products Ltd | Equity | ₹6.8 Cr | 0.86% |
| Abbott India Ltd | Equity | ₹6.66 Cr | 0.84% |
| Ipca Laboratories Ltd | Equity | ₹6.56 Cr | 0.83% |
| Bharti Airtel Ltd | Equity | ₹6.5 Cr | 0.82% |
| Maruti Suzuki India Ltd | Equity | ₹6.43 Cr | 0.81% |
| Future on UltraTech Cement Ltd | Equity - Future | ₹-6.02 Cr | 0.76% |
| UltraTech Cement Ltd | Equity | ₹6 Cr | 0.76% |
| Mphasis Ltd | Equity | ₹5.92 Cr | 0.75% |
| SRF Ltd | Equity | ₹5.9 Cr | 0.75% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹5.9 Cr | 0.74% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-5.76 Cr | 0.73% |
| Larsen & Toubro Ltd | Equity | ₹5.62 Cr | 0.71% |
| Bharat Forge Ltd | Equity | ₹5.59 Cr | 0.71% |
| Tech Mahindra Ltd | Equity | ₹5.49 Cr | 0.69% |
| Texmaco Rail & Engineering Ltd | Equity | ₹4.91 Cr | 0.62% |
| Manorama Industries Ltd | Equity | ₹4.87 Cr | 0.61% |
| Godrej Agrovet Ltd Ordinary Shares | Equity | ₹4.87 Cr | 0.61% |
| Cummins India Ltd | Equity | ₹4.75 Cr | 0.60% |
| Eicher Motors Ltd | Equity | ₹4.68 Cr | 0.59% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-4.67 Cr | 0.59% |
| Afcons Infrastructure Ltd | Equity | ₹4.58 Cr | 0.58% |
| Power Finance Corp Ltd | Equity | ₹4.55 Cr | 0.57% |
| NHPC Ltd | Equity | ₹4.53 Cr | 0.57% |
| Sonata Software Ltd | Equity | ₹4.41 Cr | 0.56% |
| MOIL Ltd | Equity | ₹4.4 Cr | 0.55% |
| Techno Electric & Engineering Co Ltd | Equity | ₹4.39 Cr | 0.55% |
| Tata Communications Ltd | Equity | ₹4.26 Cr | 0.54% |
| Godfrey Phillips India Ltd | Equity | ₹4.17 Cr | 0.53% |
| Future on Axis Bank Ltd | Equity - Future | ₹-4.16 Cr | 0.52% |
| Bharat Bijlee Ltd | Equity | ₹4.04 Cr | 0.51% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹3.9 Cr | 0.49% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-3.9 Cr | 0.49% |
| Future on NTPC Ltd | Equity - Future | ₹-3.87 Cr | 0.49% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹3.83 Cr | 0.48% |
| Grasim Industries Ltd | Equity | ₹3.83 Cr | 0.48% |
| Future on Infosys Ltd | Equity - Future | ₹-3.78 Cr | 0.48% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-3.69 Cr | 0.47% |
| International Gemmological Institute (India) Ltd | Equity | ₹3.69 Cr | 0.47% |
| Coal India Ltd | Equity | ₹3.48 Cr | 0.44% |
| Future on Godrej Consumer Products Ltd | Equity - Future | ₹-3.43 Cr | 0.43% |
| Godrej Consumer Products Ltd | Equity | ₹3.41 Cr | 0.43% |
| REC Ltd | Equity | ₹3.21 Cr | 0.40% |
| Concord Enviro Systems Ltd | Equity | ₹3.02 Cr | 0.38% |
| APL Apollo Tubes Ltd | Equity | ₹3 Cr | 0.38% |
| TVS Motor Co Ltd | Equity | ₹2.95 Cr | 0.37% |
| Tata Chemicals Ltd | Equity | ₹2.92 Cr | 0.37% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-2.92 Cr | 0.37% |
| IndusInd Bank Ltd | Equity | ₹2.9 Cr | 0.37% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-2.88 Cr | 0.36% |
| Hindustan Unilever Ltd | Equity | ₹2.86 Cr | 0.36% |
| ISGEC Heavy Engineering Ltd | Equity | ₹2.84 Cr | 0.36% |
| Ador Welding Ltd | Equity | ₹2.82 Cr | 0.36% |
| Surya Roshni Ltd | Equity | ₹2.81 Cr | 0.35% |
| Endurance Technologies Ltd | Equity | ₹2.61 Cr | 0.33% |
| S H Kelkar & Co Ltd | Equity | ₹2.5 Cr | 0.32% |
| Net Receivables / (Payables) | Cash | ₹-2.48 Cr | 0.31% |
| Bajaj Auto Ltd | Equity | ₹2.2 Cr | 0.28% |
| LTIMindtree Ltd | Equity | ₹2.19 Cr | 0.28% |
| Allied Blenders and Distillers Ltd | Equity | ₹2.19 Cr | 0.28% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹2.19 Cr | 0.28% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹2.07 Cr | 0.26% |
| JK Tyre & Industries Ltd | Equity | ₹2.01 Cr | 0.25% |
| Syngene International Ltd | Equity | ₹1.98 Cr | 0.25% |
| NMDC Ltd | Equity | ₹1.95 Cr | 0.25% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-1.81 Cr | 0.23% |
| Alkem Laboratories Ltd | Equity | ₹1.61 Cr | 0.20% |
| Container Corporation of India Ltd | Equity | ₹1.48 Cr | 0.19% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹1.46 Cr | 0.18% |
| Nestle India Ltd | Equity | ₹1.42 Cr | 0.18% |
| Future on Nestle India Ltd | Equity - Future | ₹-1.39 Cr | 0.18% |
| HCL Technologies Ltd | Equity | ₹1.21 Cr | 0.15% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-1.2 Cr | 0.15% |
| Future on SRF Ltd | Equity - Future | ₹-1.18 Cr | 0.15% |
| Vinati Organics Ltd | Equity | ₹1.02 Cr | 0.13% |
| Foseco India Ltd | Equity | ₹0.28 Cr | 0.04% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-0.01 Cr | 0.00% |
| Kirloskar Oil Engines Ltd | Equity | ₹0 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
37.04%
Mid Cap Stocks
7.68%
Small Cap Stocks
12.87%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹179.31 Cr | 22.63% |
| Technology | ₹75.89 Cr | 9.58% |
| Industrials | ₹67.5 Cr | 8.52% |
| Basic Materials | ₹61.58 Cr | 7.77% |
| Consumer Defensive | ₹55.11 Cr | 6.95% |
| Consumer Cyclical | ₹54.68 Cr | 6.90% |
| Energy | ₹34.66 Cr | 4.37% |
| Utilities | ₹25.15 Cr | 3.17% |
| Healthcare | ₹24.89 Cr | 3.14% |
| Communication Services | ₹18.93 Cr | 2.39% |
Risk & Performance Ratios
Standard Deviation
This fund
6.61%
Cat. avg.
7.80%
Lower the better
Sharpe Ratio
This fund
0.84
Cat. avg.
0.72
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.34
Higher the better
Fund Managers
YP
Yogesh Patil
Since November 2021
Rahul Singh
Since November 2021
JT
Jaiprakash Toshniwal
Since June 2022
Additional Scheme Detailsas of 31st December 2024
ISIN INF767K01QY0 | Expense Ratio 0.78% | Exit Load 1.00% | Fund Size ₹792 Cr | Age 3 years 2 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty 50 Hybrid Comp Debt 50:50 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Dynamic Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Motilal Oswal Balance Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1113.82 Cr | 0.9% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹1113.82 Cr | 2.2% |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1310.36 Cr | 13.2% |
| Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1310.36 Cr | 11.5% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.8% | 1.0% | ₹2272.93 Cr | 12.1% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 1.0% | ₹2272.93 Cr | 10.6% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹908.12 Cr | 8.6% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹908.12 Cr | 10.4% |
| Mirae Asset Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹1779.30 Cr | 10.1% |
| Mirae Asset Balanced Advantage Fund Regular Growth Moderately High risk | 2.1% | 1.0% | ₹1779.30 Cr | 8.5% |
About the AMC
LIC Mutual Fund
Total AUM
₹32,557 Cr
Address
4th Floor, Industrial Assurance Building, Mumbai, 400 020
Other Funds by LIC Mutual Fund
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Still got questions?
We're here to help.
What is the current NAV of LIC MF Balanced Advantage Fund Direct Growth?
The NAV of LIC MF Balanced Advantage Fund Direct Growth, as of 21-Jan-2025, is ₹13.83.
What are the returns of LIC MF Balanced Advantage Fund Direct Growth?
The fund has generated 12.82% over the last 1 year and 11.17% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of LIC MF Balanced Advantage Fund Direct Growth?
The fund's allocation of assets is distributed as 56.72% in equities, 19.16% in bonds, and 24.12% in cash and cash equivalents.
Who manages the LIC MF Balanced Advantage Fund Direct Growth?
The fund managers responsible for LIC MF Balanced Advantage Fund Direct Growth are:-
- Yogesh Patil
- Rahul Singh
- Jaiprakash Toshniwal
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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