YP
Yogesh PatilFund Manager Since 12 Nov 2021
AllocationDynamic Asset Allocation
LIC MF Balanced Advantage Fund Direct Growth
3Y Annualised
9.39%
-0.38% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
5.28%
-0.38% 1D
Benchmark
HDFC NIFTY 500 Index Fund
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
7 years 9 months
NIFTY 50
6 years 6 months
FD
9 years 7 months
Fund info
Fund size
₹652.81 Cr
Min. SIP amount
₹1000
Min. Lumpsum amount
₹5000
Exit load
0.01%
12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 3 months from the date of allotment of units. 1% on remaining units if redeemed or switched out on or before completion of 3 months from the date of allotment of units. Nil, if redeemed or switched out after completion of 3 months from the date of allotment of units.
Risk Profile
Very High Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
Baroda BNP Paribas Balanced Advantage Fund Direct Growth
8.69%
2nd
Baroda BNP Paribas Balanced Advantage Fund Direct Pyt of Inc Dis cum Cap Wdrl
8.68%
3rd
Baroda BNP Paribas Balanced Advantage Fund Direct Reinvst of Inc Dis cum Cap Wdrl
8.68%
4th
Quant Dynamic Asset Allocation Fund Direct Growth
8.64%
5th
Quant Dynamic Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl
8.64%
134th
LIC MF Balanced Advantage Fund Direct Growth
5.28%
Fund Managers
RS
Rahul SinghFund Manager Since 12 Nov 2021
About LIC MF Balanced Advantage Fund Direct Growth
LIC MF Balanced Advantage Fund Direct Growth is a Allocation mutual fund scheme from LIC Mutual Fund Asset Management Limited. This fund has been in existence for 4 years, having been launched on 2021-11-12. LIC MF Balanced Advantage Fund Direct Growth has ₹652.81 Cr worth of assets under management (AUM) as of Fri May 01 2026. The latest Net Asset Value (NAV) of LIC MF Balanced Advantage Fund Direct Growth as of Thu Apr 30 2026 is ₹14.1961. The fund has an expense ratio of 1.25%, which is medium comparable to most other Allocation funds.
LIC MF Balanced Advantage Fund Direct Growth returns for the last 1 year are 0.39%. Since launch, it has delivered 8.17% average annual returns.
The LIC MF Balanced Advantage Fund Direct Growth has the majority of its money invested in null, Financial Services, Energy, Technology sectors.
Top 5 Holdings of LIC MF Balanced Advantage Fund Direct Growth.
- Jamnagar Utilities & Power Private Limited: 7.69%
- HDFC Bank Ltd: 7.60%
- Reliance Industries Ltd: 4.63%
- ICICI Bank Ltd: 4.51%
- State Bank of India: 4.12%
AMC Information
| Name | LIC Mutual Fund Asset Management Limited |
|---|---|
| Founding Date | 2021-11-12 |
| cs.co@licmf.com | |
| Phone | +91 022-66016000 |
| Website | www.licmf.com |
| Address | LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station, |
Tax Implications of LIC MF Balanced Advantage Fund Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
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Calculate Your Returns
Estimated Returns in 3 Years (Based on past 3Y returns)
₹0
Total Amount
₹0
