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Fund Overview

Fund Size

Fund Size

₹882 Cr

Expense Ratio

Expense Ratio

2.21%

ISIN

ISIN

INF767K01QV6

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 Regular Growth is a Dynamic Asset Allocation mutual fund schemes offered by LIC Mutual Fund. This fund has been in existence for 2 years and 8 months, having been launched on 12-Nov-21.
As of 11-Jul-24, it has a Net Asset Value (NAV) of ₹12.96, Assets Under Management (AUM) of 881.51 Crores, and an expense ratio of 2.21%.
  • LIC MF Balanced Advantage Fund Regular Growth has given a CAGR return of 10.24% since inception.
  • The fund's asset allocation comprises around 48.14% in equities, 23.29% in debts, and 28.57% in cash & cash equivalents.
  • You can start investing in LIC MF Balanced Advantage Fund Regular 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

+16.22%

+24.59% (Cat Avg.)

Since Inception

+10.24%

(Cat Avg.)

Portfolio Summaryas of 30th June 2024

Equity424.4 Cr48.14%
Debt205.28 Cr23.29%
Others251.84 Cr28.57%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset205.69 Cr23.33%
HDFC Bank LtdEquity78.48 Cr8.90%
7.26% Govt Stock 2032Bond - Gov't/Treasury77.85 Cr8.83%
Reliance Industries LtdEquity59.23 Cr6.72%
ICICI Bank LtdEquity56.57 Cr6.42%
Mahindra & Mahindra LtdEquity45.39 Cr5.15%
Future on Mahindra & Mahindra LtdEquity - Future-44.93 Cr5.10%
Infosys LtdEquity34.96 Cr3.97%
TrepsCash - Repurchase Agreement33.28 Cr3.77%
Tata Consultancy Services LtdEquity31.65 Cr3.59%
ITC LtdEquity30.84 Cr3.50%
Future on ICICI Bank LtdEquity - Future-28.97 Cr3.29%
State Bank of IndiaEquity27.77 Cr3.15%
HDFC Bank LimitedBond - Corporate Bond27.24 Cr3.09%
07.80 Tn SDL 2032 27 JulBond - Gov't/Treasury26.49 Cr3.00%
07.71 MH Sdl 2033Bond - Gov't/Treasury25.89 Cr2.94%
07.68 Kt Gs 2037Bond - Gov't/Treasury25.83 Cr2.93%
Kotak Mahindra Bank LtdEquity22.57 Cr2.56%
Axis Bank LtdEquity22.25 Cr2.52%
Future on Reliance Industries LtdEquity - Future-21.04 Cr2.39%
Future on Axis Bank LtdEquity - Future-18.29 Cr2.07%
Future on Infosys LtdEquity - Future-16.04 Cr1.82%
Bajaj Finance LtdEquity15.43 Cr1.75%
Shakti Pumps (India) LtdEquity13.94 Cr1.58%
Future on Tata Consultancy Services LtdEquity - Future-13.45 Cr1.53%
Net Receivables / (Payables)Cash12.87 Cr1.46%
NTPC LtdEquity12.66 Cr1.44%
Future on State Bank of IndiaEquity - Future-11.93 Cr1.35%
07.68 Kt Gs 2039Bond - Gov't/Treasury11.52 Cr1.31%
7.54% Govt Stock 2036Bond - Gov't/Treasury10.47 Cr1.19%
Tech Mahindra LtdEquity9.78 Cr1.11%
Grasim Industries LtdEquity9.55 Cr1.08%
Hero MotoCorp LtdEquity9.49 Cr1.08%
Texmaco Rail & Engineering LtdEquity9.31 Cr1.06%
Hindustan Unilever LtdEquity9.24 Cr1.05%
HCL Technologies LtdEquity9.04 Cr1.03%
Future on ITC LtdEquity - Future-8.9 Cr1.01%
R K Swamy LtdEquity8.38 Cr0.95%
Bharat Electronics LtdEquity8.35 Cr0.95%
Garware Hi-Tech Films LtdEquity7.77 Cr0.88%
Future on NTPC LtdEquity - Future-7.43 Cr0.84%
Maruti Suzuki India LtdEquity7.28 Cr0.83%
Future on Bharat Electronics LtdEquity - Future-7.03 Cr0.80%
Hindalco Industries LtdEquity6.83 Cr0.77%
Mankind Pharma LtdEquity5.51 Cr0.62%
Future on Maruti Suzuki India LtdEquity - Future-5.15 Cr0.58%
Power Grid Corp Of India LtdEquity5.09 Cr0.58%
Future on Bajaj Finance LtdEquity - Future-4.93 Cr0.56%
Tata Power Co LtdEquity4.88 Cr0.55%
Future on HDFC Bank LtdEquity - Future-4.75 Cr0.54%
Godrej Consumer Products LtdEquity4.53 Cr0.51%
Mahindra & Mahindra Financial Services LtdEquity4.52 Cr0.51%
IndusInd Bank LtdEquity4.41 Cr0.50%
Piramal Enterprises LtdEquity4.39 Cr0.50%
Syngene International LtdEquity4.32 Cr0.49%
SRF LtdEquity4.02 Cr0.46%
Power Finance Corp LtdEquity3.72 Cr0.42%
Torrent Pharmaceuticals LtdEquity3.68 Cr0.42%
Future on Hindustan Unilever LtdEquity - Future-3.06 Cr0.35%
APL Apollo Tubes LtdEquity3.04 Cr0.34%
TVS Motor Co LtdEquity2.95 Cr0.33%
Future on Hindalco Industries LtdEquity - Future-2.92 Cr0.33%
Future on Tech Mahindra LtdEquity - Future-2.76 Cr0.31%
Future on HCL Technologies LtdEquity - Future-2.64 Cr0.30%
IDFC First Bank LtdEquity2.55 Cr0.29%
Allied Blenders And Distillers Ltd. #Equity2.5 Cr0.28%
Asian Paints LtdEquity2.47 Cr0.28%
InterGlobe Aviation LtdEquity2.46 Cr0.28%
Dalmia Bharat LtdEquity2.23 Cr0.25%
CreditAccess Grameen Ltd Ordinary SharesEquity2.22 Cr0.25%
Bank of IndiaEquity2.06 Cr0.23%
Larsen & Toubro LtdEquity2.05 Cr0.23%
Alkem Laboratories LtdEquity1.87 Cr0.21%
REC LtdEquity1.8 Cr0.20%
Gujarat State Petronet LtdEquity1.59 Cr0.18%
Bharat Petroleum Corp LtdEquity1.56 Cr0.18%
Future on SRF LtdEquity - Future-1.47 Cr0.17%
Sonata Software LtdEquity1.41 Cr0.16%
Abbott India LtdEquity1.31 Cr0.15%
Dr Reddy's Laboratories LtdEquity0.08 Cr0.01%
Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.0.50)Equity0.07 Cr0.01%
Britannia Industries LtdEquity0.05 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

43.95%

Mid Cap Stocks

4.50%

Small Cap Stocks

3.97%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services248.74 Cr28.22%
Technology86.84 Cr9.85%
Consumer Cyclical65.1 Cr7.39%
Energy60.79 Cr6.90%
Consumer Defensive44.66 Cr5.07%
Industrials36.11 Cr4.10%
Basic Materials35.97 Cr4.08%
Utilities24.22 Cr2.75%
Healthcare16.78 Cr1.90%
Communication Services8.38 Cr0.95%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

7.32%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.83

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.62

Higher the better

Fund Managers

YP

Yogesh Patil

Since November 2021

Rahul Singh

Rahul Singh

Since November 2021

JT

Jaiprakash Toshniwal

Since June 2022

Additional Scheme Detailsas of 30th June 2024

ISIN
INF767K01QV6
Expense Ratio
2.21%
Exit Load
1.00%
Fund Size
₹882 Cr
Age
12 Nov 2021
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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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
Motilal Oswal Balance Advantage Fund Regular Growth

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Motilal Oswal Balance Advantage Fund Direct Growth

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1.0%1.0%₹1233.45 Cr28.2%
Quant Dynamic Asset Allocation Fund Direct Growth

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0.7%1.0%₹1148.29 Cr56.9%
Quant Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.1%1.0%₹1148.29 Cr54.5%
Bandhan Balanced Advantage Fund Direct Growth

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0.6%1.0%₹2216.86 Cr21.1%
Bandhan Balanced Advantage Fund Regular Growth

Moderately High risk

1.9%1.0%₹2216.86 Cr19.6%
Mahindra Manulife Balanced Advantage Fund Regular Growth

Very High Risk

2.3%1.0%₹738.59 Cr27.8%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹738.59 Cr30.0%
Mirae Asset Balanced Advantage Fund Direct Growth

High Risk

0.7%1.0%₹1589.97 Cr23.2%
Mirae Asset Balanced Advantage Fund Regular Growth

High Risk

2.1%1.0%₹1589.97 Cr21.5%

About the AMC

Total AUM

₹30,884 Cr

Address

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

Other Funds by LIC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
LIC MF Large & Mid Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹3000.98 Cr53.9%
LIC MF Aggressive Hybrid Fund Direct Growth

Very High Risk

1.4%1.0%₹518.38 Cr30.9%
LIC MF Medium to Long Duration Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹171.43 Cr7.8%
LIC MF Flexi Cap Fund Direct Growth

Very High Risk

1.4%1.0%₹1185.49 Cr38.0%
LIC MF Gilt Fund Direct Growth

Moderate Risk

0.8%0.0%₹69.05 Cr8.0%
LIC MF Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹1410.12 Cr7.4%
LIC MF Large Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹1514.67 Cr32.1%
LIC MF Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1428.43 Cr7.4%
LIC MF S & P Sensex Index Fund Direct Growth

Very High Risk

0.4%0.0%₹83.43 Cr22.9%
LIC MF Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹315.82 Cr26.1%
LIC MF Infrastructure Fund Direct Growth

Very High Risk

1.4%1.0%₹430.21 Cr94.2%
LIC MF Liquid Plan Direct Growth

Low to Moderate Risk

0.2%0.0%₹10527.00 Cr7.4%
LIC MF ELSS Direct Growth

Very High Risk

1.0%0.0%₹1152.41 Cr38.5%
LIC MF Short Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹108.13 Cr7.5%
LIC MF Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹253.59 Cr8.0%
LIC MF Balanced Advantage Fund Direct Growth

Moderately High risk

0.6%1.0%₹881.51 Cr18.2%
LIC MF Conservative Hybrid Fund Direct Growth

Moderately High risk

1.3%1.0%₹50.34 Cr10.1%
LIC MF Banking & Financial Services Fund Direct Growth

Very High Risk

1.1%1.0%₹303.28 Cr19.5%
LIC MF Money Market Fund Direct Growth

Low Risk

0.6%0.0%₹20.79 Cr6.8%
LIC MF Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹970.15 Cr6.8%
LIC MF Multi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹1051.51 Cr54.1%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹161.02 Cr7.1%

Risk Level

Your principal amount will be at Moderately High risk

Moderately High risk
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The NAV of LIC MF Balanced Advantage Fund Regular Growth, as of 11-Jul-2024, is ₹12.96.
The fund's allocation of assets is distributed as 48.14% in equities, 23.29% in bonds, and 28.57% in cash and cash equivalents.
The fund managers responsible for LIC MF Balanced Advantage Fund Regular Growth are:-
  1. Yogesh Patil
  2. Rahul Singh
  3. Jaiprakash Toshniwal