YP
Yogesh PatilFund Manager Since 12 Nov 2021
AllocationDynamic Asset Allocation
LIC MF Balanced Advantage Fund Direct Growth
3Y Annualised
11.34%
0.54% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
4.49%
0.54% 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
6 years 5 months
NIFTY 50
6 years 6 months
FD
9 years 7 months
Fund info
Fund size
₹756.75 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
Helios Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
5.49%
2nd
Helios Balanced Advantage Fund Direct Payout Inc Dist cum Cap Wdrl
5.49%
3rd
Helios Balanced Advantage Fund Direct Growth
5.39%
4th
Helios Balanced Advantage Fund Regular Growth
5.28%
5th
Helios Balanced Advantage Fund Regular Reinvestment Inc Dist cum Cap Wdrl
5.28%
18th
LIC MF Balanced Advantage Fund Direct Growth
4.49%
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 3 years, having been launched on 2021-11-12. LIC MF Balanced Advantage Fund Direct Growth has ₹756.75 Cr worth of assets under management (AUM) as of Fri Apr 18 2025. The latest Net Asset Value (NAV) of LIC MF Balanced Advantage Fund Direct Growth as of Thu Apr 17 2025 is ₹14.0032. The fund has an expense ratio of 0.8%, which is medium comparable to most other Allocation funds.
LIC MF Balanced Advantage Fund Direct Growth returns for the last 1 year are 10.83%. Since launch, it has delivered 10.06% average annual returns.
The LIC MF Balanced Advantage Fund Direct Growth has the majority of its money invested in Financial Services, null, Energy, Technology sectors.
Top 5 Holdings of LIC MF Balanced Advantage Fund Direct Growth.
- HDFC Bank Ltd: 7.18%
- 7.18% Govt Stock 2037: 6.97%
- Reliance Utilities And Power Private Limited: 6.83%
- 7.26% Govt Stock 2032: 4.85%
- Reliance Industries Ltd: 4.35%
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. |
Similar Funds from LIC Mutual Fund Asset Management Limited
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EquityLarge-Cap
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expense ratio
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EquityLarge-Cap
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expense ratio
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LIC MF Nifty Next 50 Index Growth
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LIC MF Conservative Hybrid Fund Direct Plan Growth Option
AllocationConservative Allocation
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expense ratio
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LIC MF Conservative Hybrid Fund Growth
AllocationConservative Allocation
3Y CAGR
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expense ratio
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fund size
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FAQs
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?
How do I invest in LIC MF Balanced Advantage Fund Direct Growth?
What is the expense ratio of LIC MF Balanced Advantage Fund Direct Growth?
What are net assets under management (AUM) of LIC MF Balanced Advantage Fund Direct Growth?
What is the PE and PB ratio 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 LIC MF Balanced Advantage Fund Direct Growth has invested in?
Who is the manager of LIC MF Balanced Advantage Fund Direct Growth?
What is the exit load of LIC MF Balanced Advantage Fund Direct Growth?
How to Redeem LIC MF Balanced Advantage Fund Direct Growth?
Can I invest in SIP and a Lump Sum of LIC MF Balanced Advantage Fund Direct Growth?
