Mutual Funds
LIC MF Balanced Advantage Fund-Reg(G)
Hybrid  |   Very High  |   Hybrid - Balanced Advantage
12.57   +0.04
NAV(₹) as on 14/6/2024
0.29%
  1D
15.08%
  1Y
   -
  3Y
   -
  5Y
LIC MF Balanced Advantage Fund-Reg(G)
Growth Chart of the Scheme

Scheme Details
Expense Ratio:
2.21
Launch Date:
12 Nov 2021
Exit Load:
Nil upto 12% of units and 1% on remaining units on or before 3M, Nil after 3M
AUM:
₹ 868.01 Crs
Lock-in:
Nil
Investing Style:
NA
Portfolio Price To Book Value:
4.88
Min. Investment:
SIP : ₹ 1,000.0
Lumpsum : ₹ 5,000.0
Scheme Benchmark:
NIFTY 50 Hybrid Composite Debt 50:50 Index
Fund Manager:
Yogesh Patil ,Jaiprakash Toshniwal ,Rahul Singh

FUND OBJECTIVE

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.

LATEST ASSET & PORTFOLIO ALLOCATION Others Debt Equity
as on 31/5/2024 3.11 % 23.59 % 73.29 %
TOP HOLDINGS

HDFC Bank Ltd. - Equity
8.76 %

Reliance Industries - Equity
6.78 %

ICICI Bank Ltd. - Equity
6.09 %

Mahindra & Mahindra - Equity
4.57 %

State Bank Of India - Equity
4.51 %

ITC Ltd. - Equity
4.11 %

Infosys Ltd. - Equity
3.62 %

See All Holding
ALLOCATION BY MARKET CAP
ALLOCATION BY SECTOR

Bank - Private
20.66 %

IT - Software
9.10 %

Refineries
6.96 %

Automobiles - Passenger Cars
5.44 %

Bank - Public
4.76 %

Cigarettes/Tobacco
4.11 %

Finance - NBFC
3.50 %

See All Sectors
5 YEAR HISTORY

Financial Year 2021-22 2022-23 2023-24
NAV (31/3/2024) 9.99 10.32 12.01
Net Assets (Rs Crores) 1,17,703.09 1,01,554.83 89,143.5
Scheme Returns(%)(Absolute) -0.08 2.78 16.17
B'mark Returns(%)(Absolute) NA NA NA
Category Rank 16/18 7/18 18/19
RISKOMETER
Level of Risk in the Scheme

Clients will understand that their principal will be at Very High risk.

PERFORMANCE COMPARISON WITH SIMILAR SCHEMES

Fund Details Inception Date Aum(₹ Crs) 1Y 3Y 5Y Since Inception
MDB Logo
SBI Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Moderately High |  14.39   +0.04  
31/8/2021 ₹ 30,09,631.94 24.72% - - 13.93%
MDB Logo
NJ Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  13.43   +0.03  
29/10/2021 ₹ 3,86,070.65 28.89% - - 11.88%
MDB Logo
LIC MF Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  12.57   +0.04  
12/11/2021 ₹ 86,800.9 15.08% - - 9.24%
MDB Logo
Mahindra Manulife Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  13.59   +0.03  
30/12/2021 ₹ 73,859.36 28.29% - - 13.31%
MDB Logo
WOC Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  12.91   +0.06  
10/2/2023 ₹ 97,582.45 22.34% - - 20.98%
MDB Logo
Bajaj Finserv Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  10.97   +0.03  
15/12/2023 ₹ 1,11,506.24 - - - 9.67%
MDB Logo
ITI Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  13.53   +0.09  
31/12/2019 ₹ 35,370.7 23.06% 9.69% - 7.02%
MDB Logo
Bandhan Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Moderately High |  22.59   +0.06  
10/10/2014 ₹ 2,21,686.31 19.43% 9.92% 10.92% 8.78%
MDB Logo
Union Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   Very High |  19.13   +0.10  
29/12/2017 ₹ 1,59,475.34 19.64% 10.00% 12.18% 10.56%
MDB Logo
HSBC Balanced Advantage Fund-Reg(G)
Hybrid - Balanced Advantage  |   High |  40.23   +0.16  
7/2/2011 ₹ 1,38,998.86 21.78% 10.66% 10.44% 10.98%