LIC MF Balanced Advantage Fund Direct Growth
Get the latest NAV of LIC MF Balanced Advantage Fund Direct Growth. 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.
₹14.51
1D
NAV as on 20 May 2025
11.16%/per year
Since Inception
▲▼
108 people have invested ₹ 4.7L in LIC MF Balanced Advantage Fund Direct Growth in the last three months
Fund Performance
as on (20-May-25)
LIC MF Balanced Advantage Fund Ranking and Peer Comparison
Ranked based on performance, risk management and cost efficiency
Ranked 14 out of 17 mutual funds in the dynamic asset allocation category as per INDmoney.
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 (13-May-25)
Fund Distribution
as on (13-May-25)
Equity 67.9%
Debt & Cash 32.1%
LIC MF Balanced Advantage Fund Sector Allocation
See fund sector allocation details as on (13-May-25)
Sector Allocation
Equity 67.9%
Debt & Cash 32.1%
Top 3 Sectors in April were Government, Financial Services & Corporate
Government
42%
Financial Services
32%
Corporate
22%
Government
37%
Financial Services
32%
Corporate
19%
LIC MF Balanced Advantage Fund Holdings Details
as on (30-Apr-25)
Equity
Debt & Cash
LIC MF Balanced Advantage Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.8% |
Benchmark | Nifty 50 Hybrid Comp Debt 50:50 TR INR |
| AUM | ₹761 Cr |
| Inception Date | 12 November, 2021 |
| Min Lumpsum/SIP | ₹5000/₹200 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 73.93% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
About LIC MF Balanced Advantage Fund
LIC MF Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on 12 November, 2021. The fund is managed by Rahul Singh, Yogesh Patil. This fund gives you the benefit of diversification.
Key Parameters
- LIC MF Balanced Advantage Fund Direct Growth has ₹761 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
- The fund has an expense ratio 0.8.
Returns
LIC MF Balanced Advantage Fund Direct Growth has given a CAGR return of 11.16% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 13.50% and 13.98% respectively.
Holdings
LIC MF Balanced Advantage Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent, Financial Services, Corporate, Industrial, Tech, Basic Materials, Energy, Health, Consumer Cyclical, Consumer Defensive, Communication, Utilities.
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 Direct Growth
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 Direct Growth has no lock in period.
Fund Manager
Rahul Singh
Fund Manager of LIC MF Balanced Advantage Fund Direct Growth, since 12 November 2021
Yogesh Patil
Fund Manager of LIC MF Balanced Advantage Fund Direct Growth, since 12 November 2021
- AUM of the fund stands at 760.6 Cr as of Apr'25
- AUM increased by 3.9 Cr between Apr'25 and Mar'25
More funds from LIC
5Y CAGR
▲ 17.77
5Y CAGR
▲ 17.16
5Y CAGR
▲ 12.51
5Y CAGR
▲ 5.74
Frequently Asked Questions for LIC MF Balanced Advantage Fund Direct Growth
What is the current NAV of LIC MF Balanced Advantage Fund Direct Growth?
What are the average returns of LIC MF Balanced Advantage Fund Direct Growth?
LIC MF Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.62% | 3.62% |
6 Month Returns | 5.73% | 5.73% |
1 Year Returns | 13.5% | 13.5% |
3 Years Returns | 48.06% | 13.98% |
How do I invest in LIC MF Balanced Advantage Fund Direct Growth?
- 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.
What is the expense ratio of LIC MF Balanced Advantage Fund Direct Growth?
What is net assets under management (AUM) of LIC MF Balanced Advantage Fund Direct Growth?
What are the top 5 holdings of LIC MF Balanced Advantage Fund Direct Growth?
What are the top 3 sectors that this LIC MF Balanced Advantage Fund Direct Growth has invested in?
What is the credit rating breakup of LIC MF Balanced Advantage Fund Direct Growth?
AAA | 100 |