LIC MF Balanced Advantage Fund - Dir (G)


Dynamic Asset Allocation or Balanced Advantage
  • NAV 12.63 (-0.58%)
  • Fund Size (Cr) ₹891.44
  • Expense Ratio 0.55
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹500
  • Minimum SIP Investment ₹300
  • Minimum Withdrawal ₹500
  • Exit Load 0%
  • Return Since Launch 10.15%

Basic Details

Scheme Manager
Yogesh Patil
Bench Mark
Nifty 50 Hybrid Composite Debt 50:50 Index
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 05-Apr-24
  • 9983.64
  • -0.16%
  • -
  • 0.08%
  • 117/141
  • 1 Month
  • 12-Mar-24
  • 10145.30
  • 1.45%
  • -
  • 1.67%
  • 69/137
  • 3 Month
  • 12-Jan-24
  • 10216.85
  • 2.17%
  • -
  • 4.20%
  • 119/133
  • 6 Month
  • 12-Oct-23
  • 10832.45
  • 8.32%
  • -
  • 13.26%
  • 117/125
  • 1 Year
  • 12-Apr-23
  • 11751.45
  • 17.51%
  • 17.51%
  • 26.40%
  • 114/121
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • Since Inception
  • 12-Nov-21
  • 12631.4
  • 26.31%
  • 10.15%
  • 12.49%
  • 95/141

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 02-May-23
  • 120000
  • 129059.34
  • 7.55%
  • 7.55%
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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  • Expected Returns Rate

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Total of your Investment will be

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  • Invested Amount

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  • Estimated Returns

    0
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Total of your Investment will be

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70%
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  • Invested Amount

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  • Estimated Returns

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* The calculator shows annualized returns.
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Risk Ratios

  • Standard Deviation
    1.99%
  • Beta
    0.53%
  • Sharpe Ratio
    0.53%
  • Treynor’s Ratio
    0.09%
  • Jension’s Alpha
    1.15%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • HDFC Bank
  • 8.07%
  • 496574
  • 71.90
  • Equity
  • Banks
  • ICICI Bank
  • 7.19%
  • 586414
  • 64.11
  • Equity
  • Banks
  • Reliance Industr
  • 6.85%
  • 205626
  • 61.11
  • Equity
  • Refineries
  • St Bk of India
  • 5.43%
  • 643575
  • 48.42
  • Equity
  • Banks
  • ITC
  • 4.02%
  • 837182
  • 35.86
  • Equity
  • Tobacco Products
  • Infosys
  • 3.75%
  • 223125
  • 33.43
  • Equity
  • IT - Software
  • TCS
  • 3.53%
  • 81079
  • 31.43
  • Equity
  • IT - Software
  • M & M
  • 3.42%
  • 158647
  • 30.48
  • Equity
  • Automobile
  • Hind. Unilever
  • 2.73%
  • 107481
  • 24.34
  • Equity
  • FMCG
  • Kotak Mah. Bank
  • 2.51%
  • 125198
  • 22.35
  • Equity
  • Banks

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • LIC MF Balanced Advantage Fund - Dir (G)
  • Stars
  • 891.44
  • 1.45%
  • 2.17%
  • 8.32%
  • 17.51%
  • -
  • Quant Dynamic Asset Allocation Fund-Direct (G)
  • Stars
  • 890.96
  • 5.57%
  • 15.88%
  • 36.05%
  • 61.28%
  • -
  • Quant Dynamic Asset Allocation Fund-Direct (IDCW)
  • Stars
  • 890.96
  • 5.57%
  • 15.88%
  • 36.08%
  • 61.26%
  • -
  • Motilal Oswal Balance Advantage Fund-Dir (IDCW-Q)
  • Stars
  • 1235.6
  • 10.74%
  • 8.15%
  • 14.56%
  • 43.57%
  • 14.90%
  • HDFC Balanced Advantage Fund - Direct (G)
  • Stars
  • 79875.08
  • 1.55%
  • 6.20%
  • 19.33%
  • 40.22%
  • 27.07%
  • HDFC Balanced Advantage Fund - Direct (IDCW)
  • Stars
  • 79875.08
  • 1.55%
  • 6.19%
  • 19.32%
  • 40.20%
  • 26.40%

News

  • LIC MF Announces change in benchmark index under its schemes LIC Mutual Fund has announced change the benchmark index for the following schemes, with effect from 12 March 2024. Accordingly, the revised benchmark index will be:

    Changes in the Schemes Benchmark Index:

    Scheme Name Existing First Tier Benchmark Revised First Tier Benchmark
    LIC MF Banking & PSU Debt Fund NIFTY Banking & PSU Debt Index NIFTY Banking & PSU Debt Index A-II
    LIC MF Liquid Fund CRISIL Liquid Debt B-I Index CRISIL Liquid Debt A-I Index
    LIC MF Low Duration Fund CRISIL Low Duration Debt B-I Index CRISIL Low Duration Debt A-I Index
    LIC MF Ultra Short Duration Fund CRISIL Ultra Short Duration Debt B-I Index CRISIL Ultra Short Duration Debt A-I Index
    LIC MF Money Market Fund NIFTY Money Market Index B-I NIFTY Money Market Index A-I
    LIC MF Short Duration Fund CRISIL Short Duration Debt B-II Index CRISIL Short Duration Debt A-II Index
    LIC MF Medium to Long Duration Bond Fund CRISIL Medium to Long Duration Debt B-III Index CRISIL Medium to Long Duration Debt A-III Index

    Powered by Capital Market - Live News

  • LIC Mutual Fund Announces Income Distribution cum Capital Withdrawal (IDCW) under its scheme LIC Mutual Fund has announced 27 February 2024 as the record date for the declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the following schemes. The amount of IDCW (Rs per unit) will be:

    LIC MF Aggressive Hybrid Fund ? Regular Plan - IDCW Option: 0.10

    Powered by Capital Market - Live News

  • LIC Mutual Fund Announces Appointment of Key Personnel LIC Mutual Fund has announced that Mr. Ravi Kumar Jha has been appointed as Managing Director and Chief Executive Officer w.e.f. 31 January 2024. He will be a Key Personnel for schemes of LIC Mutual Fund.

    Details of Mr. Ravi Kumar Jha

    Age: 57 years

    Designation: Managing Director and Chief Executive Officer

    Qualification: B. Com (Hons.)

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 20-Oct-2021
  • Total AUM (Cr) ₹891.44

LIC MF Balanced Advantage Fund - Dir (G) is an Dynamic Asset Allocation or Balanced Advantage-oriented fund from the renowned AMC, LIC Mutual Fund. Launched in Oct 2021, this fund is managed by Yogesh Patil. With assets under management (AUM) worth ₹891.44 (Cr), as of 12-Apr-2024, LIC MF Balanced Advantage Fund - Dir (G) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 10.15% since its launch.
The current NAV of LIC MF Balanced Advantage Fund - Dir (G) is ₹12.63, as on 12-Apr-2024. The fund’s benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index. You can invest in LIC MF Balanced Advantage Fund - Dir (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹300 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
12% of the unit alloted shall be redeemed 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.
The fund has generated - and - CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 71.65% in Equity, 27.8% in Debt and 0.57% in cash and cash equivalents
The top 5 sectors the fund invests in are: 32.52% in Debt, 26.39% in Banks, 9.89% in IT-Software, 6.84% in Petroleum Products and 6.66% in Diversified FMCG.

FAQs on LIC MF Balanced Advantage Fund - Dir (G)

LIC MF Balanced Advantage Fund - Dir (G) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 10.15% since inception. Looking to invest in LIC MF Balanced Advantage Fund - Dir (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in LIC MF Balanced Advantage Fund - Dir (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, LIC MF Balanced Advantage Fund - Dir (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in LIC MF Balanced Advantage Fund - Dir (G) today and reap the benefits of this Dynamic Asset Allocation or Balanced Advantage fund!

In the short term, i.e., 1 year, LIC MF Balanced Advantage Fund - Dir (G) has generated annualised return of 17.51%. In the long-term, the fund has generated - and - in 3 and 5 years respectively. Since its inception, the fund has generated 10.15% returns.

The expense ratio of LIC MF Balanced Advantage Fund - Dir (G) Direct Growth is 0.55%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of LIC MF Balanced Advantage Fund - Dir (G) is ₹891.44 (Cr) as of 12 April 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of LIC MF Balanced Advantage Fund - Dir (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from LIC MF Balanced Advantage Fund - Dir (G):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case LIC MF Balanced Advantage Fund - Dir (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in LIC MF Balanced Advantage Fund - Dir (G). Minimum lumpsum investment LIC MF Balanced Advantage Fund - Dir (G) is ₹5000 and minimum SIP amount is ₹300. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of LIC MF Balanced Advantage Fund - Dir (G) is ₹12.63 as on 12 April 2024.

The 5 biggest stock holdings of LIC MF Balanced Advantage Fund - Dir (G) are:
HDFC Bank (8.07%), ICICI Bank (7.19%), Reliance Industr (6.85%), St Bk of India (5.43%), ITC (4.02%)

A majority of LIC MF Balanced Advantage Fund - Dir (G) 's AUM worth ₹891.44 (Cr) is invested in these 3 top sectors:

  • Debt: 32.52%
  • Banks: 26.39%
  • IT-Software: 9.89%

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