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.
₹14.35
▲2.7%1D
NAV as on 12 May 2025
10.89%/per year
Since Inception
▲▼
96 people have invested ₹ 1.7L in LIC MF Balanced Advantage Fund Direct Growth in the last three months
as on (12-May-25)
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.
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
as on (31-Mar-25)
Fund Distribution
as on (31-Mar-25)
Equity 67.9%
Debt & Cash 32.1%
as on (31-Mar-25)
Sector Allocation
Equity 67.9%
Debt & Cash 32.1%
Top 3 Sectors in March were Government, Financial Services & Corporate
Government
37%
Financial Services
32%
Corporate
19%
Government
42%
Financial Services
29%
Corporate
22%
as on (30-Apr-25)
Equity
Debt & Cash
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
Expense ratio | 0.82% |
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 |
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.
LIC MF Balanced Advantage Fund Direct Growth has given a CAGR return of 10.89% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 13.62% and 13.97% respectively.
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.
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).
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 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 of LIC MF Balanced Advantage Fund Direct Growth, since 12 November 2021
Fund Manager of LIC MF Balanced Advantage Fund Direct Growth, since 12 November 2021
5Y CAGR
▲ 17.13
5Y CAGR
▲ 16.12
5Y CAGR
▲ 12.14
5Y CAGR
▲ 5.73
LIC MF Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.98% | 5.98% |
6 Month Returns | 4.15% | 4.15% |
1 Year Returns | 13.62% | 13.62% |
3 Years Returns | 48.05% | 13.97% |
AAA | 100 |