LIC MF Balanced Advantage Fund Direct Growth

Very High Risk
Allocation
Dynamic Asset Allocation

NAV as on May 5, 2025

Price per unit of the scheme.

₹ 14.17560.30%1 Day Change

4.05%

Minimum Investment₹5000

Expense Ratio0.36%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.

*Morningstar Rating Methodology i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions

FUND PERFORMANCE

As On Jan 01, 2023

Compare fund’s performance against category average across different time periods

No Data Found.

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M 3M 6M 1Y 3Y 5Y

This Fund

LIC MF Balanced Advantage Fund Direct Growth

Allocation: Dynamic Asset Allocation Average NAV

Topper in Allocation: Dynamic Asset Allocation

All Fund

No Data Found.

*For the other fund, rescaled NAVs are used

RETURN CALCULATOR

Check the return on your investment in the fund

LIC MF Balanced Advantage Fund Direct Growth

Investment Type

Monthly Investment

Time Period (yrs)

Annual Return in %

Invested Amount
₹0
Return
₹0

Current Value
₹0

FUND SUMMARY

Benchmark

Nifty 50 Hybrid Comp Debt 50:50 TR INR

Expense Ratio

0.36%

Category Avg Expense Ratio

0.76%

Minimum Investment (Lumpsum/SIP)

₹ 5000 /₹ 1000

Lock In (Years)

No Lock-in

Fund Size

₹ 756.75 Cr(As on Mar, 2025)

Inception Date

Nov 12, 2021

Turnover

39.00 %

Exit Load

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.

ABOUT THE FUND

Objective: The investment objective of the scheme is to provide capital appreciation/ income to the investors from a dynamic mix of equity, debt and money market instruments. The Scheme seeks to reduce the volatility by diversifying the assets across equity, debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be realized.

LIC MF Balanced Advantage Fund Direct Growth is an Allocation - Dynamic Asset Allocation fund. The fund was launched inNov 12, 2021. Its risk level is . The NAV of the fund as onMay 05, 2025 is ₹14.18. Its expense ratio is 0.36 %. The fund has an AUM of ₹756.75 Cr.The fund is managed byYogesh Patil,Jaiprakash Toshniwal,Rahul Singh.
The minimum initial investment is ₹5000 in Lumpsum mode.

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FUND MANAGER

Yogesh Patil

Lead Fund Manager.

Nov 12, 2021 - Present

Schemes managed7
Total AUM₹ 8,834.45 Cr
Highest Return In 1 Yr12.53 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

LIC MF Balanced Advantage Fund Direct Growth

₹ 14.18

4.05%

2.21%

Very High Risk

₹756.75Cr

LIC MF Infrastructure Fund Direct Plan Growth Option

₹ 50.14

4.67%

1.93%

Very High Risk

₹873.86Cr

LIC MF Large & Mid Cap Direct Growth

₹ 41.91

4.80%

2.65%

Very High Risk

₹2,859.42Cr

LIC MF Balanced Advantage Fund Direct Growth

Very High Risk--

NAV₹ 14.18
Fund Size₹756.75Cr

Fund Return4.05%

Category Return2.21%

LIC MF Infrastructure Fund Direct Plan Growth Option

Very High Risk

NAV₹ 50.14
Fund Size₹873.86Cr

Fund Return4.67%

Category Return1.93%

LIC MF Large & Mid Cap Direct Growth

Very High Risk

NAV₹ 41.91
Fund Size₹2,859.42Cr

Fund Return4.80%

Category Return2.65%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Jaiprakash Toshniwal

Lead Fund Manager.

Jun 6, 2022 - Present

Schemes managed11
Total AUM₹ 4,888.26 Cr
Highest Return In 1 Yr11.43 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

LIC MF Balanced Advantage Fund Direct Growth

₹ 14.18

4.05%

2.21%

Very High Risk

₹756.75Cr

LIC MF Banking & Financial Services Fund Direct Growth

₹ 22.42

5.95%

5.93%

Very High Risk

₹253.87Cr

LIC MF Arbitrage Direct Plan Growth

₹ 14.30

0.50%

0.63%

Low Risk

₹329.15Cr

LIC MF Balanced Advantage Fund Direct Growth

Very High Risk--

NAV₹ 14.18
Fund Size₹756.75Cr

Fund Return4.05%

Category Return2.21%

LIC MF Banking & Financial Services Fund Direct Growth

Very High Risk

NAV₹ 22.42
Fund Size₹253.87Cr

Fund Return5.95%

Category Return5.93%

LIC MF Arbitrage Direct Plan Growth

Low Risk--

NAV₹ 14.30
Fund Size₹329.15Cr

Fund Return0.50%

Category Return0.63%

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Rahul Singh

Lead Fund Manager.

Nov 12, 2021 - Present

Schemes managed10
Total AUM₹ 35,039.65 Cr
Highest Return In 1 Yr11.43 %

Other Funds

table
card

Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size

LIC MF Balanced Advantage Fund Direct Growth

₹ 14.18

4.05%

2.21%

Very High Risk

₹756.75Cr

Tata Business Cycle Fund Direct Growth

₹ 19.24

5.94%

Very High Risk

₹2,734.92Cr

LIC MF Overnight Fund Direct Growth

₹ 1,331.08

0.48%

Low to Moderate Risk

₹410.31Cr

LIC MF Balanced Advantage Fund Direct Growth

Very High Risk--

NAV₹ 14.18
Fund Size₹756.75Cr

Fund Return4.05%

Category Return2.21%

Tata Business Cycle Fund Direct Growth

Very High Risk--

NAV₹ 19.24
Fund Size₹2,734.92Cr

Fund Return5.94%

Category Return--

LIC MF Overnight Fund Direct Growth

Low to Moderate Risk--

NAV₹ 1,331.08
Fund Size₹410.31Cr

Fund Return0.48%

Category Return--

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Mar, 2025

EQUITY (63.97%)

DEBT (20.08%)

CASH (15.94%)

Allocation by Market Cap

Large Cap(37.65%)

Mid Cap(11.22%)

Small Cap(13.73%)

Industry Holdings

Banks Regional26.91%
Information Technology Services11.38%
Diversified Industrials6.68%
Oil Gas Refining Marketing6.10%
Drug Manufacturers Specialty Generic5.53%
Credit Services4.23%

Stock Holdings

HDFC Bank Ltd7.18%
Reliance Industries Ltd4.35%
Tata Consultancy Services Ltd4.04%
Kotak Mahindra Bank Ltd3.06%
State Bank of India3.02%
ICICI Bank Ltd2.99%

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.

Consistency
i
It represents the consistency of a fund in beating its benchmark.
----
Downside Risk
i
Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
Risk Adjusted Return
i
Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
Volatility
i
Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
Upside Capture Ratio
i
Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
----
Downside Capture Ratio
i
Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
----

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.

Alpha: Excess return of the fund over benchmark
i
Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
--
This Fund
VS
--
Category Avg
R-Squared: How well the fund tracks benchmark
i
R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
--
This Fund
VS
--
Category Avg

Beta: Risk of the fund in relation to benchmark
i
Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
--
This Fund
VS
--
Category Avg
Sharpe Ratio: Risk adjusted return of the fund
i
Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
0.69
This Fund
VS
0.66
Category Avg

Sortino Ratio: Return per unit of bad risk
i
A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
1.17
This Fund
VS
1.13
Category Avg
Standard Devation: Volatility of the fund
i
Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
7.99
This Fund
VS
8.47
Category Avg

Benchmark used in calculation : S&P BSE 500 India TR INR

PEER ANALYSIS

card
table

Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

TOP FUNDS FROM THIS AMC

card
table

Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)

Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth ₹ 35,551.15 crores. It’s current offering of mutual fund schemes includes 10 equity, 7 debt and 6 hybrid schemes.

Phone

+91 022-66016000

cs.co@licmf.com

AUM

₹ 35,551.15 Cr (

As on Mar 31, 2025

)

Address

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

FAQ's

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

The category of LIC MF Balanced Advantage Fund Direct Growth is Allocation - Dynamic Asset Allocation

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

The current NAV of LIC MF Balanced Advantage Fund Direct Growth as on May 05, 2025 is ₹14.18

How safe is LIC MF Balanced Advantage Fund Direct Growth ?

The risk level of LIC MF Balanced Advantage Fund Direct Growth is Very High.

What are short term returns given by LIC MF Balanced Advantage Fund Direct Growth ?

The return given by LIC MF Balanced Advantage Fund Direct Growth in 1 month is 4.05%, 3 months is 1.99%, 6 months is 2.19%, and 1 year is 11.43%

What are the long term returns given by LIC MF Balanced Advantage Fund Direct Growth ?

The return given by LIC MF Balanced Advantage Fund Direct Growth in 3 years is 12.81% and 5 years is --.

What is the expense ratio of LIC MF Balanced Advantage Fund Direct Growth ?

The expense ratio of LIC MF Balanced Advantage Fund Direct Growth is 0.36%

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

The assets under Management (AUM) of LIC MF Balanced Advantage Fund Direct Growth is Rs 756.75 crores.

What is the minimum investment in LIC MF Balanced Advantage Fund Direct Growth ?

The minimum Lumpsum investment in LIC MF Balanced Advantage Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in LIC MF Balanced Advantage Fund Direct Growth is ₹1,000.00

What is the asset allocation of LIC MF Balanced Advantage Fund Direct Growth?

LIC MF Balanced Advantage Fund Direct Growth has an exposure of 63.97% in Equity, 20.08% in Debt and 15.94% in Cash & Money Market Securities