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Fund Overview

Fund Size

Fund Size

₹891 Cr

Expense Ratio

Expense Ratio

2.20%

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, 5 months and 2 days, having been launched on 12-Nov-21.
As of 12-Apr-24, it has a Net Asset Value (NAV) of ₹12.11, Assets Under Management (AUM) of 891.44 Crores, and an expense ratio of 2.2%.
  • LIC MF Balanced Advantage Fund Regular Growth has given a CAGR return of 8.24% since inception.
  • The fund's asset allocation comprises around 53.18% in equities, 22.84% in debts, and 23.98% 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

+15.53%

+23.54%(Cat. Avg.)

Since Inception

+8.24%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity474.09 Cr53.18%
Debt203.61 Cr22.84%
Others213.73 Cr23.98%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Cash Offset For DerivativesCash - General Offset164.6 Cr18.46%
7.26% Govt Stock 2032Bond - Gov't/Treasury76.39 Cr8.57%
HDFC Bank LtdEquity71.9 Cr8.07%
ICICI Bank LtdEquity64.11 Cr7.19%
Reliance Industries LtdEquity61.11 Cr6.85%
State Bank of IndiaEquity48.42 Cr5.43%
ITC LtdEquity35.86 Cr4.02%
Tata Capital Housing Finance LimitedCash - Commercial Paper34.22 Cr3.84%
Infosys LtdEquity33.43 Cr3.75%
Tata Consultancy Services LtdEquity31.43 Cr3.53%
Mahindra & Mahindra LtdEquity30.48 Cr3.42%
Future on Mahindra & Mahindra LtdEquity - Future-30.37 Cr3.41%
HDFC Bank LimitedBond - Corporate Bond26.73 Cr3.00%
Future on ICICI Bank LtdEquity - Future-26.62 Cr2.99%
07.71 MH Sdl 2033Bond - Gov't/Treasury26.3 Cr2.95%
07.68 Kt Gs 2037Bond - Gov't/Treasury26.27 Cr2.95%
07.80 Tn SDL 2032 27 JulBond - Gov't/Treasury26 Cr2.92%
Hindustan Unilever LtdEquity24.34 Cr2.73%
Kotak Mahindra Bank LtdEquity22.35 Cr2.51%
Axis Bank LtdEquity18.41 Cr2.07%
Bajaj Finance LtdEquity18.35 Cr2.06%
HCL Technologies LtdEquity17.02 Cr1.91%
Future on Axis Bank LtdEquity - Future-15.16 Cr1.70%
Future on Reliance Industries LtdEquity - Future-13.76 Cr1.54%
Future on Infosys LtdEquity - Future-13.68 Cr1.53%
Future on HCL Technologies LtdEquity - Future-12.97 Cr1.45%
07.68 Kt Gs 2039Bond - Gov't/Treasury11.29 Cr1.27%
NTPC LtdEquity11.23 Cr1.26%
Future on Hindustan Unilever LtdEquity - Future-11.23 Cr1.26%
Future on Tata Consultancy Services LtdEquity - Future-10.94 Cr1.23%
7.54% Govt Stock 2036Bond - Gov't/Treasury10.62 Cr1.19%
Future on State Bank of IndiaEquity - Future-10.55 Cr1.18%
TrepsCash - Repurchase Agreement9.91 Cr1.11%
R K Swamy LtdEquity8.57 Cr0.96%
Grasim Industries LtdEquity8.18 Cr0.92%
Hero MotoCorp LtdEquity8.03 Cr0.90%
Tech Mahindra LtdEquity7.62 Cr0.86%
Maruti Suzuki India LtdEquity7.62 Cr0.86%
SRF LtdEquity6.73 Cr0.76%
Bharat Electronics LtdEquity6.65 Cr0.75%
Future on NTPC LtdEquity - Future-6.59 Cr0.74%
Mankind Pharma LtdEquity5.95 Cr0.67%
Shakti Pumps (India) LtdEquity5.52 Cr0.62%
Hindalco Industries LtdEquity5.52 Cr0.62%
Net Receivables / (Payables)Cash5 Cr0.56%
HDFC Life Insurance Company LimitedEquity4.93 Cr0.55%
IndusInd Bank LtdEquity4.68 Cr0.52%
Bank of IndiaEquity4.54 Cr0.51%
Syngene International LtdEquity4.27 Cr0.48%
Mahindra & Mahindra Financial Services LtdEquity4.2 Cr0.47%
Godrej Consumer Products LtdEquity4.12 Cr0.46%
Future on HDFC Bank LtdEquity - Future-4.1 Cr0.46%
Piramal Enterprises LtdEquity4.02 Cr0.45%
Texmaco Rail & Engineering LtdEquity3.93 Cr0.44%
Samvardhana Motherson International LtdEquity3.81 Cr0.43%
Power Finance Corp LtdEquity3.72 Cr0.42%
Future on Maruti Suzuki India LtdEquity - Future-3.67 Cr0.41%
Torrent Pharmaceuticals LtdEquity3.43 Cr0.39%
SBI Life Insurance Company LimitedEquity3.43 Cr0.39%
APL Apollo Tubes LtdEquity2.92 Cr0.33%
Future on Bharat Electronics LtdEquity - Future-2.55 Cr0.29%
Piramal Pharma LtdEquity2.44 Cr0.27%
Future on Tech Mahindra LtdEquity - Future-2.42 Cr0.27%
IDFC First Bank LtdEquity2.34 Cr0.26%
City Union Bank LtdEquity2.18 Cr0.24%
Bajaj Holdings and Investment LtdEquity2.08 Cr0.23%
Garware Hi-Tech Films LtdEquity1.88 Cr0.21%
Alkem Laboratories LtdEquity1.85 Cr0.21%
Macrotech Developers LtdEquity1.85 Cr0.21%
TVS Motor Co LtdEquity1.81 Cr0.20%
Power Grid Corp Of India LtdEquity1.78 Cr0.20%
Schaeffler India LtdEquity1.72 Cr0.19%
Sonata Software LtdEquity1.72 Cr0.19%
Bharat Petroleum Corp LtdEquity1.55 Cr0.17%
Oil India LtdEquity1.4 Cr0.16%
Britannia Industries LtdEquity1.34 Cr0.15%
Abbott India LtdEquity1.29 Cr0.14%
Gabriel India LtdEquity0.47 Cr0.05%
Dr Reddy's Laboratories LtdEquity0.08 Cr0.01%
Grasim Industries Ltd Ordinary Shares (Partly Paid Rs.0.50)Equity0.06 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

64.82%

Mid Cap Stocks

3.83%

Small Cap Stocks

2.03%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services279.66 Cr31.37%
Technology91.21 Cr10.23%
Consumer Defensive65.66 Cr7.37%
Energy64.06 Cr7.19%
Consumer Cyclical53.95 Cr6.05%
Basic Materials25.3 Cr2.84%
Healthcare19.32 Cr2.17%
Industrials16.1 Cr1.81%
Utilities13.01 Cr1.46%
Communication Services8.57 Cr0.96%
Real Estate1.85 Cr0.21%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

7.46%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.90

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.79

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 31st March 2024

ISININF767K01QV6Expense Ratio2.20%Exit Load1.00%Fund Size₹891 CrAge12 Nov 2021Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNifty 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.

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1Y
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Motilal Oswal Balance Advantage Fund Direct Growth

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Quant Dynamic Asset Allocation Fund Direct Growth

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Quant Dynamic Asset Allocation Fund Regular Growth

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Bandhan Balanced Advantage Fund Direct Growth

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0.7%1.0%₹2220.47 Cr21.7%
Bandhan Balanced Advantage Fund Regular Growth

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1.9%1.0%₹2220.47 Cr20.1%
Mahindra Manulife Balanced Advantage Fund Regular Growth

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2.3%1.0%₹702.76 Cr30.4%
Mahindra Manulife Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹702.76 Cr32.7%
Mirae Asset Balanced Advantage Fund Direct Growth

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0.7%1.0%₹1518.44 Cr23.9%
Mirae Asset Balanced Advantage Fund Regular Growth

Very High Risk

2.1%1.0%₹1518.44 Cr22.2%

About the AMC

Total AUM

₹30,305 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

0.5%1.0%₹2551.04 Cr41.6%
LIC MF Aggressive Hybrid Fund Direct Growth

Very High Risk

1.4%1.0%₹507.21 Cr28.5%
LIC MF Medium to Long Duration Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹185.31 Cr7.6%
LIC MF Flexi Cap Fund Direct Growth

Very High Risk

1.3%1.0%₹942.29 Cr35.9%
LIC MF Gilt Fund Direct Growth

Moderate Risk

0.8%0.0%₹47.00 Cr7.1%
LIC MF Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹1351.81 Cr7.1%
LIC MF Large Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹1395.24 Cr27.2%
LIC MF Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1256.78 Cr7.3%
LIC MF S & P Sensex Index Fund Direct Growth

Very High Risk

0.4%0.0%₹78.25 Cr24.1%
LIC MF Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹295.61 Cr27.3%
LIC MF Infrastructure Fund Direct Growth

Very High Risk

1.2%1.0%₹225.40 Cr67.4%
LIC MF Liquid Plan Direct Growth

Low to Moderate Risk

0.2%0.0%₹8304.96 Cr7.3%
LIC MF ELSS Direct Growth

Very High Risk

0.6%0.0%₹1021.77 Cr33.5%
LIC MF Short Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹134.78 Cr7.3%
LIC MF Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹143.11 Cr7.9%
LIC MF Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹891.44 Cr17.5%
LIC MF Conservative Hybrid Fund Direct Growth

Moderately High risk

1.3%1.0%₹52.16 Cr8.3%
LIC MF Banking & Financial Services Fund Direct Growth

Very High Risk

0.5%1.0%₹289.55 Cr25.6%
LIC MF Money Market Fund Direct Growth

Low Risk

0.2%0.0%₹27.17 Cr6.9%
LIC MF Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹596.62 Cr6.8%
LIC MF Multi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹902.06 Cr42.6%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹268.35 Cr6.8%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of LIC MF Balanced Advantage Fund Regular Growth, as of 12-Apr-2024, is ₹12.11.
The fund's allocation of assets is distributed as 53.18% in equities, 22.84% in bonds, and 23.98% 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