L&T Balanced Advantage Fund Direct Plan Payout of Income Dis cum Cap wdrl
L&T Balanced Advantage Fund Direct Plan Payout of Income Dis cum Cap wdrl

L&T Balanced Advantage Fund Direct Plan Payout of Income Dis cum Cap wdrl

Hybrid
Direct
Dynamic Asset Allocation

NAV: ₹ 19.5 as on 29-09-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-0.5%
4%
1.1%
-0.1%
8.9%
7.8%
Benchmark
-1.1%
5.4%
1.5%
1.3%
10.6%
7.8%
About the Fund

L&T Balanced Advantage Fund Direct Plan Payout of Income Dis cum Cap wdrl is a hybrid fund. This fund was started on  1 January, 2013. The fund is managed by Jalpan Shah, Praveen Ayathan, Vihang Naik, Cheenu Gupta. This fund gives you the benefit of diversification.

Key parameters

1) L&T Balanced Advantage Fund Direct Plan Payout of Income Dis cum Cap wdrl has a NAV of 19.504 as on 29-09-2022.

2) L&T Balanced Advantage Fund Direct Plan Payout of Income Dis cum Cap wdrl has 1886 Cr worth of assets under management (AUM) as on 31-07-2022 and is less than category average.

3) The fund has an expense ratio 0.71 %.

Fund Overview

Expense ratio
Expense ratio
0.71%
Benchmark
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR
AUM
AUM
₹1886 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹0
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
95.67%

Fund Distribution

  • Equity 46.8%
  • Debt & Cash 53.2%
Size breakup
Large cap
54.3%
Mid cap
7.2%
Small cap
5.2%

Sector Allocation

Aug'22

Jul'22

Jun'22

Financial Services

23.9%

Consumer Defensive

13.6%

Basic Materials

13.2%

Health

11.1%

Consumer Cyclical

8.3%

Tech

7.6%

Energy

6.2%

Real Estate

5%

Industrial

4.8%

Utilities

3.3%

Communication

2.9%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings102
Equity Holdings91
Debt Holdings11
Holdings
Weight%
Holdings Trend
1M Change
icon
Cash Offset For Derivatives
19.81%
-0.1%
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5.22% Govt Stock 2025
10.31%
0%
icon
6.18% Govt Stock 2024
9.38%
0%
icon
5.15% Govt Stock 2025
3.85%
0%
icon
(C) Net Receivables/(Payables)
2.91%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 25.8 Cr in last 1M
Aug'22 return underperformed benchmark

Change in AUM

Aug'22
₹ 1.9K Cr
Jul'22
₹ 1.9K Cr
Jun'22
₹ 1.9K Cr

Fund Returns vs Benchmark

Aug'22
3.53%
5.19%
Jul'22
3.53%
5.19%
Jun'22
-1.75%
-2.34%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
102
107
114
Top 5 Company Concentration
12.7%
15.4%
14.7%
Company having highest exposure
Reliance Industries Ltd (2.9%)
State Bank of India (4.2%)
State Bank of India (3.9%)
No of Sectors
13
14
14
Top 5 Sectors Concentration
76.9%
73%
74%
Sector having highest exposure
Government (28.7%)
Government (28.1%)
Government (28.1%)

Fund Manager

Jalpan Shah

Jalpan Shah

Managing this fund since 30 May 2016

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
L&T Triple Ace Bond Fund Direct Plan Growth Plan
6.63%
5.52%
L&T Short Term Bond Fund Direct Plan Growth Option
5.8%
5.52%
L&T Banking & PSU Debt fund Direct Plan Growth Option
5.59%
5.46%
Praveen Ayathan

Praveen Ayathan

Managing this fund since 1 February 2016

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
L&T Balanced Advantage Fund Direct Plan Growth Option
9.12%
10.63%
L&T Equity Savings Direct Plan Growth Plan
10.93%
8.45%
L&T Arbitrage Opportunities Fund Direct Growth
4.77%
3.85%
Vihang Naik

Vihang Naik

Managing this fund since 17 December 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
L&T India Value Fund Direct Plan Growth Option
18.67%
17.35%
L&T Midcap Fund Direct Plan Growth
18.17%
22.72%
L&T Emerging Businesses Fund Direct Growth
28.15%
29.82%
Cheenu Gupta

Cheenu Gupta

Managing this fund since 2 July 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
L&T Balanced Advantage Fund Direct Plan Growth Option
9.12%
10.63%
L&T Hybrid Equity Fund Direct Plan Growth Option
12.28%
13.63%
L&T Tax Advantage Fund Direct Plan Growth Option
14.2%
15.78%

AMC details

Address
L&T Investment Management Limited,6th Floor, Mafatlal Centre,,Nariman Point
Email
Phone
91-22-66554000
Fund House
L&T Investment Management Ltd

Fund Highlights

meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 10.99% since inception which is more than its category average return of 8.39%
Fund Allocations

Fund Allocations

This fund has an allocation of 46.78% in Equity, 29.01% in Debt and 24.21% in Cash related instruments
AUM size ₹1886 Cr

AUM size ₹1886 Cr

This fund has AUM of ₹1886 Cr which is less than its category average of ₹ 7539 Cr
Expense Ratio 0.71%

Expense Ratio 0.71%

This fund has an expense ratio of 0.71% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of L&T Balanced Advantage Fund Direct Plan Payout of Income Dis cum Cap wdrl is 19.49.
Existing (Absolute + CAGR)
L&T Balanced Advantage Fund Direct Plan Payout of Income Dis cum Cap wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-1.16%
-1.16%
6 Month Returns
1.36%
1.36%
1 Year Returns
-0.41%
-0.41%
3 Years Returns
29.23%
8.92%
5 Years Returns
46.32%
7.91%
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.
0.71 as on August 2022
1886 Cr as on August 2022
Reliance Industries Ltd(2.9%),DLF Ltd(2.62%),Sun Pharmaceuticals Industries Ltd(2.55%),ICICI Bank Ltd(2.34%),Infosys Ltd(2.25%) as on August 2022
Government(28.74%),Cash Equivalent(24.48%),Financial Services(11.16%) as on August 2022
AAA
100
Jalpan Shah,Praveen Ayathan,Vihang Naik,Cheenu Gupta are the fund managers of L&T Balanced Advantage Fund Direct Plan Payout of Income Dis cum Cap wdrl
The Exit load of L&T Balanced Advantage Fund Direct Plan Payout of Income Dis cum Cap wdrl is 1%