LIC MF Balanced Advantage Fund
Get the latest NAV of LIC MF Balanced Advantage Fund. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹13.57
NAV as on 23 Mar 2026
7.69%/per year
Since Inception
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101 people have invested ₹ 10.1L in LIC MF Balanced Advantage Fund in the last three months
LIC MF Balanced Advantage Fund Performance vs. Dynamic Asset Allocation Index
Fund returns vs Benchmark returns vs Category Average returns as on (23-Mar-26)
The fund has underperformed the benchmark (Dynamic Asset Allocation Index) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
LIC MF Balanced Advantage Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
LIC MF Balanced Advantage Fund Asset Allocation
See fund asset allocation details as on (14-Mar-26)
Fund Distribution
as on (14-Mar-26)
LIC MF Balanced Advantage Fund Sector Allocation
See fund sector allocation details as on (14-Mar-26)
Sector Allocation
Top 3 Sectors in February were Financial Services, Corporate & Government
Financial Services
38%
Corporate
24%
Government
15%
Financial Services
38%
Corporate
26%
Government
16%
LIC MF Balanced Advantage Fund Holdings Details
as on (28-Feb-26)
LIC MF Balanced Advantage Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 1.21% |
Benchmark | Nifty 50 Hybrid Comp Debt 50:50 TR INR |
| AUM | ₹710 Cr |
| Inception Date | 12 November, 2021 |
| Min Lumpsum/SIP | ₹5,000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 68.59% |
| Risk |   Very High Risk |
About LIC MF Balanced Advantage Fund
LIC MF Balanced Advantage Fund is a hybrid fund. This fund was started on 12 November, 2021. The fund is managed by Rahul Singh, Jaiprakash Toshniwal, Yogesh Patil. This fund gives you the benefit of diversification.
Key Parameters
- LIC MF Balanced Advantage Fund has ₹710 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
- The fund has an expense ratio 1.2.
Returns
LIC MF Balanced Advantage Fund has given a CAGR return of 7.69% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 0.45% and 9.92% respectively.
Holdings
LIC MF Balanced Advantage Fund has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Government, Tech, Basic Materials, Industrial, Consumer Defensive, Consumer Cyclical, Health, Energy, Utilities, Communication, Real Estate.
Taxation
As it is a dynamic asset allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of LIC MF Balanced Advantage Fund
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. However, there is no assurance or guarantee that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Balanced Advantage Fund has no lock in period.
Fund Manager
Rahul Singh
Fund Manager of LIC MF Balanced Advantage Fund, since 12 November 2021
Jaiprakash Toshniwal
Fund Manager of LIC MF Balanced Advantage Fund, since 6 June 2022
Yogesh Patil
Fund Manager of LIC MF Balanced Advantage Fund, since 12 November 2021
- AUM of the fund stands at 709.6 Cr as of Feb'26
- AUM decreased by 9.1 Cr between Feb'26 and Jan'26
Frequently Asked Questions for LIC MF Balanced Advantage Fund
How do I invest in LIC MF Balanced Advantage Fund?
- Download the INDmoney app.
- Search for ‘LIC MF Balanced Advantage Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.