LIC MF Balanced Advantage Fund Regular Growth
HybridDynamic Asset AllocationModerately High risk
Regular
NAV (06-Sep-24)
₹13.18-0.51%1D
Returns (Since Inception)
10.29%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹872 Cr
Expense Ratio
2.21%
ISIN
INF767K01QV6
Minimum SIP
₹500
Exit Load
1.00%
Inception Date
12 Nov 2021
About this fund
LIC MF Balanced Advantage Fund Regular Growth is a Dynamic Asset Allocation mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 2 years, 9 months and 26 days, having been launched on 12-Nov-21.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹13.18, Assets Under Management (AUM) of 872.09 Crores, and an expense ratio of 2.21%.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹13.18, Assets Under Management (AUM) of 872.09 Crores, and an expense ratio of 2.21%.
- LIC MF Balanced Advantage Fund Regular Growth has given a CAGR return of 10.29% since inception.
- The fund's asset allocation comprises around 48.40% in equities, 23.34% in debts, and 28.26% in cash & cash equivalents.
- You can start investing in LIC MF Balanced Advantage Fund Regular 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
+17.18%
+25.13% (Cat Avg.)
Since Inception
+10.29%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹422.12 Cr | 48.40% |
| Debt | ₹203.52 Cr | 23.34% |
| Others | ₹246.45 Cr | 28.26% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹231.44 Cr | 26.54% |
| 7.26% Govt Stock 2032 | Bond - Gov't/Treasury | ₹76.85 Cr | 8.81% |
| HDFC Bank Ltd | Equity | ₹76.3 Cr | 8.75% |
| Reliance Industries Ltd | Equity | ₹57.12 Cr | 6.55% |
| ICICI Bank Ltd | Equity | ₹56.3 Cr | 6.46% |
| Infosys Ltd | Equity | ₹42.44 Cr | 4.87% |
| Tata Consultancy Services Ltd | Equity | ₹36 Cr | 4.13% |
| ITC Ltd | Equity | ₹31.46 Cr | 3.61% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-30.56 Cr | 3.50% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-26.49 Cr | 3.04% |
| 07.71 MH Sdl 2033 | Bond - Gov't/Treasury | ₹26.45 Cr | 3.03% |
| 07.68 Kt Gs 2037 | Bond - Gov't/Treasury | ₹26.37 Cr | 3.02% |
| Mahindra & Mahindra Ltd | Equity | ₹26.31 Cr | 3.02% |
| 07.80 Tn SDL 2032 27 Jul | Bond - Gov't/Treasury | ₹26.09 Cr | 2.99% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹25.71 Cr | 2.95% |
| Future on ITC Ltd | Equity - Future | ₹-22.8 Cr | 2.61% |
| Kotak Mahindra Bank Ltd | Equity | ₹22.3 Cr | 2.56% |
| State Bank of India | Equity | ₹22.1 Cr | 2.53% |
| Axis Bank Ltd | Equity | ₹20.67 Cr | 2.37% |
| Future on Infosys Ltd | Equity - Future | ₹-19.96 Cr | 2.29% |
| Treps | Cash - Repurchase Agreement | ₹19.23 Cr | 2.21% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-19.15 Cr | 2.20% |
| Future on Axis Bank Ltd | Equity - Future | ₹-17.01 Cr | 1.95% |
| Future on Tata Consultancy Services Ltd | Equity - Future | ₹-15.71 Cr | 1.80% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-15.67 Cr | 1.80% |
| Bajaj Finance Ltd | Equity | ₹15.61 Cr | 1.79% |
| Shakti Pumps (India) Ltd | Equity | ₹14.78 Cr | 1.69% |
| Future on State Bank of India | Equity - Future | ₹-14.59 Cr | 1.67% |
| NTPC Ltd | Equity | ₹13.92 Cr | 1.60% |
| 07.68 Kt Gs 2039 | Bond - Gov't/Treasury | ₹11.35 Cr | 1.30% |
| Garware Hi-Tech Films Ltd | Equity | ₹10.87 Cr | 1.25% |
| HCL Technologies Ltd | Equity | ₹10.86 Cr | 1.24% |
| 7.54% Govt Stock 2036 | Bond - Gov't/Treasury | ₹10.7 Cr | 1.23% |
| Hindustan Unilever Ltd | Equity | ₹10.38 Cr | 1.19% |
| Grasim Industries Ltd | Equity | ₹9.65 Cr | 1.11% |
| Bharat Electronics Ltd | Equity | ₹9.65 Cr | 1.11% |
| Hero MotoCorp Ltd | Equity | ₹9.28 Cr | 1.06% |
| Future on HCL Technologies Ltd | Equity - Future | ₹-8.95 Cr | 1.03% |
| Hindalco Industries Ltd | Equity | ₹8.77 Cr | 1.01% |
| Tata Power Co Ltd | Equity | ₹8.21 Cr | 0.94% |
| R K Swamy Ltd | Equity | ₹7.83 Cr | 0.90% |
| Tech Mahindra Ltd | Equity | ₹7.64 Cr | 0.88% |
| Maruti Suzuki India Ltd | Equity | ₹7.5 Cr | 0.86% |
| Texmaco Rail & Engineering Ltd | Equity | ₹6.84 Cr | 0.78% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-6.08 Cr | 0.70% |
| Syngene International Ltd | Equity | ₹5.28 Cr | 0.61% |
| Power Grid Corp Of India Ltd | Equity | ₹5.19 Cr | 0.60% |
| Power Finance Corp Ltd | Equity | ₹5.16 Cr | 0.59% |
| Piramal Enterprises Ltd | Equity | ₹4.94 Cr | 0.57% |
| Future on NTPC Ltd | Equity - Future | ₹-4.84 Cr | 0.55% |
| Eicher Motors Ltd | Equity | ₹4.82 Cr | 0.55% |
| Future on Eicher Motors Ltd | Equity - Future | ₹-4.8 Cr | 0.55% |
| Mahindra & Mahindra Financial Services Ltd | Equity | ₹4.73 Cr | 0.54% |
| Future on Godrej Consumer Products Ltd | Equity - Future | ₹-4.69 Cr | 0.54% |
| Godrej Consumer Products Ltd | Equity | ₹4.67 Cr | 0.54% |
| InterGlobe Aviation Ltd | Equity | ₹4.64 Cr | 0.53% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-4.61 Cr | 0.53% |
| Abbott India Ltd | Equity | ₹4.44 Cr | 0.51% |
| IndusInd Bank Ltd | Equity | ₹4.29 Cr | 0.49% |
| SRF Ltd | Equity | ₹4.23 Cr | 0.49% |
| Net Receivables / (Payables) | Cash | ₹-4.22 Cr | 0.48% |
| Vedant Fashions Ltd | Equity | ₹4.13 Cr | 0.47% |
| Future on Tech Mahindra Ltd | Equity - Future | ₹-3.75 Cr | 0.43% |
| TVS Motor Co Ltd | Equity | ₹3.51 Cr | 0.40% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-3.46 Cr | 0.40% |
| Future on Hindustan Unilever Ltd | Equity - Future | ₹-3.44 Cr | 0.39% |
| Allied Blenders and Distillers Ltd | Equity | ₹3.2 Cr | 0.37% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-3.16 Cr | 0.36% |
| SBI Life Insurance Company Limited | Equity | ₹2.93 Cr | 0.34% |
| APL Apollo Tubes Ltd | Equity | ₹2.86 Cr | 0.33% |
| Bank of Baroda | Equity | ₹2.6 Cr | 0.30% |
| National Aluminium Co Ltd | Equity | ₹2.58 Cr | 0.30% |
| HDFC Asset Management Co Ltd | Equity | ₹2.57 Cr | 0.29% |
| Tata Consumer Products Ltd | Equity | ₹2.56 Cr | 0.29% |
| Dabur India Ltd | Equity | ₹2.52 Cr | 0.29% |
| UltraTech Cement Ltd | Equity | ₹2.46 Cr | 0.28% |
| Ador Welding Ltd | Equity | ₹2.44 Cr | 0.28% |
| ISGEC Heavy Engineering Ltd | Equity | ₹2.39 Cr | 0.27% |
| IDFC First Bank Ltd | Equity | ₹2.29 Cr | 0.26% |
| Larsen & Toubro Ltd | Equity | ₹2.14 Cr | 0.25% |
| REC Ltd | Equity | ₹2.12 Cr | 0.24% |
| JK Tyre & Industries Ltd | Equity | ₹2.12 Cr | 0.24% |
| CreditAccess Grameen Ltd Ordinary Shares | Equity | ₹2.05 Cr | 0.23% |
| Bank of India | Equity | ₹2.02 Cr | 0.23% |
| Bharat Petroleum Corp Ltd | Equity | ₹1.84 Cr | 0.21% |
| Titan Co Ltd | Equity | ₹1.73 Cr | 0.20% |
| Nestle India Ltd | Equity | ₹1.63 Cr | 0.19% |
| Future on Nestle India Ltd | Equity - Future | ₹-1.61 Cr | 0.18% |
| Sonata Software Ltd | Equity | ₹1.58 Cr | 0.18% |
| Foseco India Ltd | Equity | ₹1.42 Cr | 0.16% |
| Aadhar Housing Finance Ltd | Equity | ₹0.71 Cr | 0.08% |
| Future on SRF Ltd | Equity - Future | ₹-0.1 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
43.95%
Mid Cap Stocks
4.50%
Small Cap Stocks
3.41%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹249.68 Cr | 28.63% |
| Technology | ₹98.51 Cr | 11.30% |
| Consumer Cyclical | ₹59.39 Cr | 6.81% |
| Energy | ₹58.96 Cr | 6.76% |
| Consumer Defensive | ₹56.42 Cr | 6.47% |
| Industrials | ₹42.88 Cr | 4.92% |
| Basic Materials | ₹42.84 Cr | 4.91% |
| Utilities | ₹27.33 Cr | 3.13% |
| Healthcare | ₹9.72 Cr | 1.11% |
| Communication Services | ₹7.83 Cr | 0.90% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
7.43%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.99
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.99
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 July 2024
ISIN | INF767K01QV6 | Expense Ratio | 2.21% | Exit Load | 1.00% | Fund Size | ₹872 Cr | Age | 12 Nov 2021 | 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:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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% | ₹1270.57 Cr | 25.3% |
| Motilal Oswal Balance Advantage Fund Direct Growth Very High Risk | 1.0% | 1.0% | ₹1270.57 Cr | 26.9% |
| Quant Dynamic Asset Allocation Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹1334.25 Cr | 52.1% |
| Quant Dynamic Asset Allocation Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1334.25 Cr | 49.8% |
| Bandhan Balanced Advantage Fund Direct Growth Moderately High risk | 0.7% | 1.0% | ₹2302.17 Cr | 22.1% |
| Bandhan Balanced Advantage Fund Regular Growth Moderately High risk | 2.0% | 1.0% | ₹2302.17 Cr | 20.5% |
| Mahindra Manulife Balanced Advantage Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹886.22 Cr | 26.4% |
| Mahindra Manulife Balanced Advantage Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹886.22 Cr | 28.6% |
| Mirae Asset Balanced Advantage Fund Direct Growth High Risk | 0.7% | 1.0% | ₹1691.93 Cr | 22.5% |
| Mirae Asset Balanced Advantage Fund Regular Growth High Risk | 2.1% | 1.0% | ₹1691.93 Cr | 20.8% |
About the AMC
Total AUM
₹30,456 Cr
Address
4th Floor, Industrial Assurance Building, Mumbai, 400 020
Other Funds by LIC Mutual Fund
Risk Level
Your principal amount will be at Moderately High risk
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We're here to help.
What is the current NAV of LIC MF Balanced Advantage Fund Regular Growth?
The NAV of LIC MF Balanced Advantage Fund Regular Growth, as of 06-Sep-2024, is ₹13.18.
What is the portfolio composition of LIC MF Balanced Advantage Fund Regular Growth?
The fund's allocation of assets is distributed as 48.40% in equities, 23.34% in bonds, and 28.26% in cash and cash equivalents.
Who manages the LIC MF Balanced Advantage Fund Regular Growth?
The fund managers responsible for LIC MF Balanced Advantage Fund Regular 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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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 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.