LIC MF Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option
LIC MF Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option

LIC MF Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option

Compare
Hybrid
Direct
Dynamic Asset Allocation

NAV: ₹ 10.4 as on 27-01-2023

Fund Performance

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
This Fund
-1.1%
0.4%
4.7%
6%
Benchmark
-1.4%
-0.5%
3.9%
4%
About the Fund

LIC MF Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option is a hybrid fund. This fund was started on  12 November, 2021. The fund is managed by Yogesh Patil, Rahul Singh, Jaiprakash Toshniwal. This fund gives you the benefit of diversification.

Key parameters

1) LIC MF Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option has a NAV of 10.3998 as on 27-01-2023.

2) LIC MF Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option has 1092 Cr worth of assets under management (AUM) as on 30-11-2022 and is less than category average.

3) The fund has an expense ratio 0.36 %.

Fund Overview

Expense ratio
Expense ratio
0.36%
Benchmark
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR
AUM
AUM
₹1092 Cr
Inception Date
Inception Date
12 November, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
16.1%

Fund Distribution as on (31-Dec-22)

  • Equity 46.2%
  • Debt & Cash 53.8%
Size breakup
Large cap
70.2%
Mid cap
0.3%

Sector Allocation

Dec'22

Nov'22

Oct'22

Financial Services

45.2%

Tech

15.1%

Consumer Cyclical

9.2%

Energy

8.9%

Basic Materials

6.1%

Industrial

5.2%

Consumer Defensive

4.9%

Communication

3.5%

Health

1.9%

Top Holdings as on (31-Dec-69)

  • Equity
  • Debt & Cash
Equity Holdings61
Debt Holdings10

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 60.2 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 1.1K Cr
Nov'22
₹ 1.2K Cr
Oct'22
₹ 1.2K Cr

Fund Returns vs Benchmark

Dec'22
5.49%
5.19%
Nov'22
-1.78%
-1.39%
Oct'22
2.06%
2.56%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
71
73
72
Top 5 Company Concentration
29.5%
29.7%
29.1%
Company having highest exposure
ICICI Bank Ltd (7.9%)
ICICI Bank Ltd (8.3%)
ICICI Bank Ltd (8.1%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
81.6%
83.2%
81.5%
Sector having highest exposure
Cash Equivalent (27%)
Cash Equivalent (34.8%)
Cash Equivalent (30.2%)

Fund Manager

Yogesh Patil

Yogesh Patil

Fund Manager of LIC MF Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option, since 12 November 2021
Rahul Singh

Rahul Singh

Fund Manager of LIC MF Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option, since 12 November 2021
Jaiprakash Toshniwal

Jaiprakash Toshniwal

Fund Manager of LIC MF Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option, since 6 June 2022

AMC details

Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹14.81K Cr
as on 31-Dec-2022
Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,
Phone
+912222812038
Email
licmfamc@licmutual.com

Fund Highlights

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 4.58% since inception which is less than its category average return of 8.52%
Fund Allocations

Fund Allocations

This fund has an allocation of 46.22% in Equity, 26.88% in Debt and 26.9% in Cash related instruments
AUM size ₹1092 Cr

AUM size ₹1092 Cr

This fund has AUM of ₹1092 Cr which is less than its category average of ₹ 7592 Cr
Expense Ratio 0.36%

Expense Ratio 0.36%

This fund has an expense ratio of 0.36% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of LIC MF Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option is 10.55 as on 24-Jan-2023.
Existing (Absolute + CAGR)
LIC MF Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option
Absolute Returns
CAGR Returns
1 Month Returns
1.21%
1.21%
6 Month Returns
6.01%
6.01%
1 Year Returns
6.34%
6.34%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.36 as on December 2022
1092 Cr as on December 2022
ICICI Bank Ltd(7.89%),HDFC Bank Ltd(6.41%),Reliance Industries Ltd(6.23%),Infosys Ltd(5.25%),Axis Bank Ltd(3.75%) as on December 2022
Cash Equivalent(27.01%),Financial Services(20.89%),Government(19.71%) as on December 2022
AAA
100
Rahul Singh,Yogesh Patil,Jaiprakash Toshniwal are the fund managers of LIC MF Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option
The Exit load of LIC MF Balanced Advantage Fund Direct Payout of Income Distribution cum capital withdrawal option is 1%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.