LIC MF Balanced Advantage Fund Direct Growth

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.

₹14.35

2.7%1D

NAV as on 12 May 2025

10.89%/per year

Since Inception

Absolute Gain%

96 people have invested ₹ 1.7L in LIC MF Balanced Advantage Fund Direct Growth in the last three months

Fund Performance

as on (12-May-25)

Period
This Fund
Dynamic Asset Allocation Index
1 Month
5.98%
4.84%
3 Months
5.67%
4.74%
6 Months
4.15%
1.4%
1 Year
13.62%
8.91%
3 Years
13.97%
14.13%

LIC MF Balanced Advantage Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

14
/17
4% Performance
62% Risk Management
39% Cost

Ranked 14 out of 17 mutual funds in the dynamic asset allocation category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
LIC MF Balanced Advantage Fund
14/17
761Cr
0.82%
13.62%
13.97%
10.89%
ICICI Prudential Balanced Advantage Fund Direct Growth
3/17
60,591Cr
0.92%
12.49%
15.24%
13.27%
Axis Balanced Advantage Fund Direct Growth
7/17
2,935Cr
0.78%
16.62%
17.32%
11.36%
Kotak Balanced Advantage Fund Direct Growth
8/17
16,542Cr
0.57%
13.58%
15.07%
12.28%

LIC MF Balanced Advantage Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

0

Profit


Total Corpus

0

Absolute Return

LIC MF Balanced Advantage Fund Asset Allocation

as on (31-Mar-25)

Fund Distribution

as on (31-Mar-25)

Equity 67.9%

Debt & Cash 32.1%

Large cap
46.6%

Small cap
16%

Mid cap
12.3%

LIC MF Balanced Advantage Fund Sector Allocation

as on (31-Mar-25)

Sector Allocation

Equity 67.9%

Debt & Cash 32.1%

Financial Services
31.9%
Industrial
16.6%
Tech
12.8%
Basic Materials
9%
Energy
7.4%
Health
7.2%
Consumer Cyclical
4.3%
Consumer Defensive
3.7%
Communication
3.6%
Utilities
3.4%

Top 3 Sectors in March were Government, Financial Services & Corporate

Mar'25

Government

37%

Financial Services

32%

Corporate

19%

Feb'25

Government

42%

Financial Services

29%

Corporate

22%

LIC MF Balanced Advantage Fund Holdings Details

as on (30-Apr-25)

Equity

Debt & Cash

Top Stocks sold last month
Nestle India Ltd's allocation decreased from 5.26 % to 0.18 %
Nestle India Ltd's allocation decreased from 5.26 % to 0.18 %

LIC MF Balanced Advantage Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.82%
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR
AUM₹761 Cr
Inception Date12 November, 2021
Min Lumpsum/SIP₹5000/₹200
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
73.93%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
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

  1. LIC MF Balanced Advantage Fund Direct Growth has ₹761 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

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.

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 benefit
Long 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

Learn more about LIC Mutual Fund
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 756.7 Cr
₹ 719.5 Cr
₹ 769.4 Cr
  • AUM of the fund stands at 756.7 Cr as of Mar'25
  • AUM increased by 37.2 Cr between Mar'25 and Feb'25

Frequently Asked Questions for LIC MF Balanced Advantage Fund Direct Growth

What is the current NAV of LIC MF Balanced Advantage Fund Direct Growth?

The current NAV of LIC MF Balanced Advantage Fund Direct Growth is ₹14.35 as on 12-May-2025.

What are the average returns of LIC MF Balanced Advantage Fund Direct Growth?

Existing (Absolute + CAGR) as on 12-May-2025.
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%

How do I invest in LIC MF Balanced Advantage Fund Direct Growth?

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.

What is the expense ratio of LIC MF Balanced Advantage Fund Direct Growth?

0.82% as on April 2025

What is net assets under management (AUM) of LIC MF Balanced Advantage Fund Direct Growth?

₹761 Cr as on April 2025

What are the top 5 holdings of LIC MF Balanced Advantage Fund Direct Growth?

HDFC Bank Ltd(7.52%), 7.18% Govt Stock 2037(7.1%), Reliance Utilities And Power Private Limited(6.9%), 7.26% Govt Stock 2032(4.93%), Reliance Industries Ltd(4.76%) as on April 2025

What are the top 3 sectors that this LIC MF Balanced Advantage Fund Direct Growth has invested in?

Financial Services(21.46%), Government(13.5%), Cash Equivalent(11.68%) as on April 2025

What is the credit rating breakup of LIC MF Balanced Advantage Fund Direct Growth?

AAA
100

Who is the manager of LIC MF Balanced Advantage Fund Direct Growth?

Rahul Singh, Yogesh Patil are the fund managers of LIC MF Balanced Advantage Fund Direct Growth

What is the exit load of LIC MF Balanced Advantage Fund Direct Growth?

The Exit load of LIC MF Balanced Advantage Fund Direct Growth is 1%