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Fund Overview

Fund Size

Fund Size

₹681 Cr

Expense Ratio

Expense Ratio

0.91%

ISIN

ISIN

INF767K01QY0

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

12 Nov 2021

About this fund

LIC MF Balanced Advantage Fund Direct Growth is a Dynamic Asset Allocation mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 4 years, 6 months and 4 days, having been launched on 12-Nov-21.
As of 15-May-26, it has a Net Asset Value (NAV) of ₹14.10, Assets Under Management (AUM) of 681.03 Crores, and an expense ratio of 0.91%.
  • LIC MF Balanced Advantage Fund Direct Growth has given a CAGR return of 7.92% since inception.
  • The fund's asset allocation comprises around 57.42% in equities, 17.26% in debts, and 25.31% in cash & cash equivalents.
  • You can start investing in LIC MF Balanced Advantage Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

-3.04%

+1.55% (Cat Avg.)

3 Years

+8.46%

+10.90% (Cat Avg.)

Since Inception

+7.92%

(Cat Avg.)

Portfolio Summaryas of 30th April 2026

Equity391.08 Cr57.42%
Debt117.58 Cr17.26%
Others172.37 Cr25.31%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset123.99 Cr18.21%
HDFC Bank LtdEquity52.31 Cr7.68%
Jamnagar Utilities & Power Private LimitedBond - Corporate Bond50.58 Cr7.43%
TrepsCash - Repurchase Agreement46.98 Cr6.90%
Reliance Industries LtdEquity32.17 Cr4.72%
ICICI Bank LtdEquity30.87 Cr4.53%
State Bank of IndiaEquity29.37 Cr4.31%
7.18% Govt Stock 2037Bond - Gov't/Treasury25.57 Cr3.75%
Tata Consultancy Services LtdEquity23.8 Cr3.49%
Larsen & Toubro LtdEquity17.18 Cr2.52%
Reliance Industries Ltd.Equity - Future-16.72 Cr2.46%
7.26% Govt Stock 2032Bond - Gov't/Treasury15.42 Cr2.26%
Infosys LtdEquity13.91 Cr2.04%
Tata Consultancy Services Ltd.Equity - Future-13.24 Cr1.94%
Power Finance Corp LtdEquity11.54 Cr1.69%
Kotak Mahindra Bank LtdEquity11.07 Cr1.63%
7.54% Govt Stock 2036Bond - Gov't/Treasury10.65 Cr1.56%
Sun Pharmaceuticals Industries LtdEquity10.63 Cr1.56%
Tata Steel LtdEquity10.62 Cr1.56%
Axis Bank LtdEquity10.32 Cr1.51%
Garware Hi-Tech Films LtdEquity10.25 Cr1.51%
Bharti Telecom LimitedBond - Corporate Bond10.16 Cr1.49%
Tata Power Company Ltd.Equity - Future-9.98 Cr1.47%
Tata Power Co LtdEquity9.98 Cr1.46%
Shakti Pumps (India) LtdEquity9.46 Cr1.39%
NTPC LtdEquity9.05 Cr1.33%
Hindalco Industries Ltd.Equity - Future-8.61 Cr1.26%
Hindalco Industries LtdEquity8.57 Cr1.26%
ICICI Lombard General Insurance Co LtdEquity8.55 Cr1.26%
Bharti Airtel LtdEquity8.47 Cr1.24%
UltraTech Cement LtdEquity8.11 Cr1.19%
MAS Financial Services Ltd Ordinary SharesEquity8 Cr1.17%
Ipca Laboratories LtdEquity7.96 Cr1.17%
Tata Consumer Products Ltd.Equity - Future-7.91 Cr1.16%
Tata Consumer Products LtdEquity7.89 Cr1.16%
Orkla India LtdEquity7.79 Cr1.14%
Manorama Industries LtdEquity7.69 Cr1.13%
Hdfc Bank Ltd.Equity - Future-7.47 Cr1.10%
Mahindra & Mahindra LtdEquity6.73 Cr0.99%
SRF LtdEquity6.18 Cr0.91%
Bharat Bijlee LtdEquity6.01 Cr0.88%
Oracle Financial Services Software LtdEquity5.93 Cr0.87%
Tata Steel Ltd.Equity - Future-5.83 Cr0.86%
ITC LtdEquity5.83 Cr0.86%
Icici Lombard General Insurance Co. Ltd.Equity - Future-5.75 Cr0.84%
Sun Pharmaceutical Industries Ltd.Equity - Future-5.59 Cr0.82%
Techno Electric & Engineering Co LtdEquity5.49 Cr0.81%
Kotak Mahindra Bank Ltd.Equity - Future-5.48 Cr0.80%
Power Finance Corporation Ltd.Equity - Future-5.28 Cr0.78%
Indian Railway Finance Corporation LimitedBond - Corporate Bond5.21 Cr0.76%
Swaraj Engines LtdEquity5.06 Cr0.74%
Bharti Hexacom LtdEquity4.95 Cr0.73%
Lodha Developers LtdEquity4.71 Cr0.69%
InterGlobe Aviation LtdEquity4.59 Cr0.67%
SBI Cards and Payment Services Ltd Ordinary SharesEquity4.4 Cr0.65%
Ntpc Ltd.Equity - Future-4.39 Cr0.64%
Tata Communications LtdEquity4.23 Cr0.62%
Mahanagar Gas LtdEquity4.07 Cr0.60%
Srf Ltd.Equity - Future-4.05 Cr0.60%
Abbott India LtdEquity3.71 Cr0.54%
CreditAccess Grameen Ltd Ordinary SharesEquity3.63 Cr0.53%
ISGEC Heavy Engineering LtdEquity3.62 Cr0.53%
Birla Corp LtdEquity3.6 Cr0.53%
Larsen & Toubro Ltd.Equity - Future-3.53 Cr0.52%
Aditya Birla Capital LtdEquity3.44 Cr0.51%
Ultratech Cement Ltd.Equity - Future-3.38 Cr0.50%
Tech Mahindra LtdEquity3.35 Cr0.49%
Itc Ltd.Equity - Future-3.18 Cr0.47%
Tata Motors Passenger Vehicles LtdEquity3.1 Cr0.46%
MOIL LtdEquity3.07 Cr0.45%
Grasim Industries LtdEquity3.06 Cr0.45%
L&T Technology Services LtdEquity2.87 Cr0.42%
Titan Company Ltd.Equity - Future-2.77 Cr0.41%
Titan Co LtdEquity2.76 Cr0.41%
Torrent Pharmaceuticals Ltd.Equity - Future-2.73 Cr0.40%
Torrent Pharmaceuticals LtdEquity2.72 Cr0.40%
Godfrey Phillips India LtdEquity2.72 Cr0.40%
Power Grid Corp Of India LtdEquity2.48 Cr0.36%
Infosys Ltd.Equity - Future-2.42 Cr0.36%
Gabriel India LtdEquity2.37 Cr0.35%
Apollo Hospitals Enterprise LtdEquity2.32 Cr0.34%
HDFC Life Insurance Co LtdEquity2.32 Cr0.34%
TVS Holdings LtdEquity2.29 Cr0.34%
JK Cement LtdEquity2.27 Cr0.33%
Apollo Hospitals Enterprise Ltd.Equity - Future-2.21 Cr0.32%
CRISIL LtdEquity2.09 Cr0.31%
Cholamandalam Investment and Finance Co LtdEquity1.98 Cr0.29%
K.P.R. Mill LtdEquity1.91 Cr0.28%
Maruti Suzuki India LtdEquity1.85 Cr0.27%
Sundaram Fasteners LtdEquity1.84 Cr0.27%
Eicher Motors LtdEquity1.74 Cr0.26%
HCL Technologies LtdEquity1.68 Cr0.25%
Endurance Technologies LtdEquity1.54 Cr0.23%
Bajaj Finance LtdEquity1.42 Cr0.21%
Net Receivables / (Payables)Cash1.4 Cr0.21%
Divi's Laboratories LtdEquity1.37 Cr0.20%
Pfizer LtdEquity1.33 Cr0.20%
Mphasis LtdEquity1.3 Cr0.19%
Mphasis Ltd.Equity - Future-1.26 Cr0.18%
Godrej Properties LtdEquity0.95 Cr0.14%
Prestige Estates Projects LtdEquity0.9 Cr0.13%
Karur Vysya Bank LtdEquity0.87 Cr0.13%
DCB Bank LtdEquity0.82 Cr0.12%
JK Lakshmi Cement LtdEquity0.75 Cr0.11%
Axis Bank Ltd.Equity - Future-0.72 Cr0.11%
360 One Wam Ltd Ordinary SharesEquity0.68 Cr0.10%
Tech Mahindra Ltd.Equity - Future-0.62 Cr0.09%
Tata Motors LtdEquity0.53 Cr0.08%
Hcl Technologies Ltd.Equity - Future-0.5 Cr0.07%
Eicher Motors Ltd.Equity - Future-0.36 Cr0.05%
Hindustan Aeronautics Ltd Ordinary SharesEquity0.09 Cr0.01%
Jindal Stainless LtdEquity0 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

52.93%

Mid Cap Stocks

9.78%

Small Cap Stocks

12.92%

Allocation By Credit Quality (Debt)

AAA

AA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services183.69 Cr26.97%
Technology52.83 Cr7.76%
Industrials52.63 Cr7.73%
Basic Materials50.29 Cr7.38%
Energy32.17 Cr4.72%
Consumer Defensive31.91 Cr4.69%
Consumer Cyclical31.72 Cr4.66%
Healthcare30.04 Cr4.41%
Utilities25.58 Cr3.76%
Communication Services17.65 Cr2.59%
Real Estate6.56 Cr0.96%

Risk & Performance Ratios

Standard Deviation

This fund

9.08%

Cat. avg.

9.56%

Lower the better

Sharpe Ratio

This fund

0.34

Cat. avg.

0.53

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.79

Higher the better

Fund Managers

SA

Sudhanshu Asthana

Since April 2026

Rahul Singh

Rahul Singh

Since November 2021

Additional Scheme Detailsas of 30th April 2026

ISIN
INF767K01QY0
Expense Ratio
0.91%
Exit Load
1.00%
Fund Size
₹681 Cr
Age
4 years 6 months
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 50 Hybrid Comp Debt 50:50 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Dynamic Asset Allocation Funds

Fund nameExpense RatioExit LoadFund size
1Y
The Wealth Company Balanced Advantage Fund Direct Growth

Very High Risk

0.4%1.0%₹45.02 Cr-
The Wealth Company Balanced Advantage Fund Regular Growth

Very High Risk

2.3%1.0%₹45.02 Cr-
Groww Multi Asset Allocation Fund Regular Growth

Very High Risk

2.3%1.0%₹404.00 Cr-
Groww Multi Asset Allocation Fund Direct Growth

Very High Risk

0.5%1.0%₹404.00 Cr-
Unifi Dynamic Asset Allocation Fund Direct Growth

Moderately High risk

1.4%1.0%₹1180.73 Cr7.4%
Unifi Dynamic Asset Allocation Fund Regular Growth

Moderately High risk

2.0%1.0%₹1180.73 Cr6.8%
Canara Robeco Balanced Advantage Fund Regular Growth

Very High Risk

1.9%1.0%₹1165.34 Cr-2.4%
Canara Robeco Balanced Advantage Fund Direct Growth

Very High Risk

0.7%1.0%₹1165.34 Cr-1.0%
Helios Balanced Advantage Fund Direct Growth

Very High Risk

1.0%0.0%₹304.82 Cr4.2%
Helios Balanced Advantage Fund Regular Growth

Very High Risk

2.4%0.0%₹304.82 Cr2.7%
Parag Parikh Dynamic Asset Allocation Fund Regular Growth

Moderately High risk

0.6%1.0%₹2709.31 Cr2.8%
Parag Parikh Dynamic Asset Allocation Fund Direct Growth

Moderately High risk

0.3%1.0%₹2709.31 Cr3.1%
Samco Dynamic Asset Allocation Fund Direct Growth

Very High Risk

0.9%1.0%₹198.99 Cr0.9%
Samco Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.4%1.0%₹198.99 Cr-0.7%
Bajaj Finserv Balanced Advantage Fund Direct Growth

Very High Risk

0.5%1.0%₹1228.80 Cr1.5%
Bajaj Finserv Balanced Advantage Fund Regular Growth

Very High Risk

1.8%1.0%₹1228.80 Cr-0.0%
HSBC Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%1.0%₹1505.78 Cr1.1%
HDFC Balanced Advantage Fund Direct Growth

Very High Risk

0.8%1.0%₹105377.65 Cr-0.5%
HDFC Balanced Advantage Fund Regular Growth

Very High Risk

1.4%1.0%₹105377.65 Cr-1.1%
Edelweiss Balanced Advantage Fund Regular Growth

Very High Risk

2.1%1.0%₹12906.31 Cr2.3%
Sundaram Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1658.39 Cr-0.3%
Aditya Birla Sun Life Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%0.0%₹9182.39 Cr3.9%
Nippon India Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹9620.30 Cr2.4%
Invesco India Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%0.0%₹1024.28 Cr-2.5%
Tata Balanced Advantage Fund Regular Growth

Very High Risk

1.7%0.0%₹9128.04 Cr1.3%
Tata Balanced Advantage Fund Direct Growth

Very High Risk

0.5%0.0%₹9128.04 Cr2.6%
DSP Dynamic Asset Allocation Fund Regular Growth

Moderately High risk

1.9%1.0%₹3661.26 Cr2.8%
DSP Dynamic Asset Allocation Fund Direct Growth

Moderately High risk

0.7%1.0%₹3661.26 Cr4.0%
HSBC Balanced Advantage Fund Regular Growth

Moderately High risk

2.1%1.0%₹1505.78 Cr-0.2%
LIC MF Balanced Advantage Fund Regular Growth

Very High Risk

2.3%1.0%₹681.03 Cr-4.4%
LIC MF Balanced Advantage Fund Direct Growth

Very High Risk

0.9%1.0%₹681.03 Cr-3.0%
ICICI Prudential Balanced Advantage Fund Regular Growth

High Risk

1.4%1.0%₹70551.44 Cr3.5%
ITI Balanced Advantage Fund Regular Growth

Moderate Risk

2.4%0.0%₹351.17 Cr-1.9%
ITI Balanced Advantage Fund Direct Growth

Moderate Risk

0.7%0.0%₹351.17 Cr-0.2%
Invesco India Balanced Advantage Fund Regular Growth

Moderately High risk

2.1%0.0%₹1024.28 Cr-3.8%
Sundaram Balanced Advantage Fund Regular Growth

High Risk

2.1%1.0%₹1658.39 Cr-1.7%
Union Balanced Advantage Fund Regular Growth

Very High Risk

2.2%1.0%₹1241.37 Cr-0.3%
Union Balanced Advantage Fund Direct Growth

Very High Risk

1.1%1.0%₹1241.37 Cr0.8%
Edelweiss Balanced Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹12906.31 Cr3.4%
Bank of India Balanced Advantage Fund Regular Growth

Very High Risk

2.3%1.0%₹152.71 Cr4.3%
Bank of India Balanced Advantage Fund Direct Growth

Very High Risk

1.1%1.0%₹152.71 Cr5.6%
Kotak Balanced Advantage Fund Regular Growth

Very High Risk

1.7%1.0%₹17183.82 Cr-0.4%
Kotak Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹17183.82 Cr0.7%
PGIM India Balanced Advantage Fund Regular Growth

Moderately High risk

2.3%0.0%₹829.61 Cr-3.2%
PGIM India Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%0.0%₹829.61 Cr-1.5%
Axis Balanced Advantage Fund Regular Growth

Moderately High risk

1.9%1.0%₹3557.60 Cr-0.1%
Axis Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%1.0%₹3557.60 Cr1.1%
ICICI Prudential Balanced Advantage Fund Direct Growth

High Risk

0.9%1.0%₹70551.44 Cr4.0%
Baroda BNP Paribas Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹4755.77 Cr6.8%
Baroda BNP Paribas Balanced Advantage Fund Regular Growth

Very High Risk

1.6%1.0%₹4755.77 Cr5.6%

About the AMC

LIC Mutual Fund

LIC Mutual Fund

Total AUM

₹42,297 Cr

Address

4th Floor, Industrial Assurance Building, Mumbai, 400 020

Other Funds by LIC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
LIC MF Technology Fund Direct Growth

Very High Risk

0.7%1.0%₹82.18 Cr-
LIC MF Consumption Fund Direct Growth

Very High Risk

2.8%1.0%₹472.32 Cr-
LIC MF Multi Asset Allocation Fund Regular Growth

Very High Risk

2.5%1.0%₹940.47 Cr12.4%
LIC MF Manufacturing Fund Direct Growth

Very High Risk

0.9%1.0%₹750.93 Cr15.4%
LIC MF Large & Mid Cap Fund Direct Growth

Very High Risk

2.3%1.0%₹2958.49 Cr-1.1%
LIC MF Aggressive Hybrid Fund Direct Growth

Very High Risk

1.3%1.0%₹508.75 Cr0.3%
LIC MF Medium to Long Duration Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹187.08 Cr2.4%
LIC MF Flexi Cap Fund Direct Growth

Very High Risk

2.4%1.0%₹973.28 Cr4.9%
LIC MF Gilt Fund Direct Growth

Moderate Risk

0.7%0.0%₹44.60 Cr-2.9%
LIC MF Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹1847.94 Cr4.4%
LIC MF Large Cap Fund Direct Growth

Very High Risk

2.4%1.0%₹1352.11 Cr-6.2%
LIC MF Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1692.22 Cr6.2%
LIC MF S & P Sensex Index Fund Direct Growth

Very High Risk

0.7%0.0%₹90.99 Cr-8.3%
LIC MF Nifty 50 Index Fund Direct Growth

Very High Risk

0.6%0.0%₹360.09 Cr-5.1%
LIC MF Infrastructure Fund Direct Growth

Very High Risk

0.8%1.0%₹1046.65 Cr12.9%
LIC MF Liquid Plan Direct Growth

Moderate Risk

0.1%0.0%₹15638.28 Cr6.3%
LIC MF ELSS Direct Growth

Very High Risk

1.0%0.0%₹993.77 Cr-5.7%
LIC MF Gold ETF FOF Direct Growth

High Risk

0.4%1.0%₹779.49 Cr67.4%
LIC MF Equity Savings Fund Direct Growth

Moderate Risk

1.3%1.0%₹33.91 Cr3.8%
LIC MF Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.5%0.0%₹103.38 Cr5.4%
LIC MF Short Duration Fund Direct Growth

Low to Moderate Risk

0.7%0.0%₹138.11 Cr4.8%
LIC MF Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹244.46 Cr6.5%
LIC MF Balanced Advantage Fund Direct Growth

Very High Risk

0.9%1.0%₹681.03 Cr-3.0%
LIC MF Focused 30 Equity Direct Growth

Very High Risk

4.4%1.0%₹157.70 Cr-5.4%
LIC MF Long Term Value Fund Direct Growth

Very High Risk

1.8%1.0%₹207.81 Cr11.6%
LIC MF Healthcare Fund Direct Growth

Very High Risk

1.1%1.0%₹84.53 Cr11.6%
LIC MF Small Cap Fund Direct Growth

Very High Risk

1.5%1.0%₹660.05 Cr8.3%
LIC MF Conservative Hybrid Fund Direct Growth

Moderately High risk

1.2%1.0%₹46.59 Cr1.4%
LIC MF Midcap Fund Direct Growth

Very High Risk

1.3%1.0%₹346.56 Cr3.6%
LIC MF Banking & Financial Services Fund Direct Growth

Very High Risk

1.2%1.0%₹262.05 Cr2.4%
LIC MF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹5439.20 Cr6.4%
LIC MF Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹529.76 Cr5.4%
LIC MF Multi Cap Fund Direct Growth

Very High Risk

1.8%1.0%₹1849.35 Cr5.2%
LIC MF Dividend Yield Fund Direct Growth

Very High Risk

1.1%1.0%₹661.28 Cr4.3%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹341.78 Cr6.4%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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

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The NAV of LIC MF Balanced Advantage Fund Direct Growth, as of 15-May-2026, is ₹14.10.
The fund has generated -3.04% over the last 1 year and 8.46% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 57.42% in equities, 17.26% in bonds, and 25.31% in cash and cash equivalents.
The fund managers responsible for LIC MF Balanced Advantage Fund Direct Growth are:-
  1. Sudhanshu Asthana
  2. Rahul Singh
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