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3 Year return
0Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹886.14 Cr.
Expense Ratio
0.56% (inclusive of GST)
Exit Load
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.
Tax Implications
Withdrawal within 1 year
Exit load + 15% tax on gains
Withdrawal after 1 year
10% tax on gains over ₹1 Lakh per financial year
Fund Holdings
| Other Holdings | % of Asset |
|---|---|
| ITC | 4.12 % |
| M & M | 3.85 % |
| Infosys | 3.58 % |
| TCS | 3.5 % |
| HDFC Bank | 3.02 % |
| Maharashtra | 2.97 % |
| Karnataka | 2.95 % |
| Tamil Nadu | 2.93 % |
| Hind. Unilever | 2.71 % |
| TREPS | 2.56 % |
| Axis Bank | 2.31 % |
| Kotak Mah. Bank | 2.29 % |
| Bajaj Finance | 1.98 % |
| HCL Technologies | 1.96 % |
| NTPC | 1.37 % |
| Karnataka | 1.27 % |
| GSEC | 1.19 % |
| R K Swamy | 0.98 % |
| Tech Mahindra | 0.97 % |
| Grasim Inds | 0.97 % |
| Shakti Pumps | 0.93 % |
| Maruti Suzuki | 0.88 % |
| Hero Motocorp | 0.87 % |
| Bharat Electron | 0.87 % |
| Texmaco Rail | 0.77 % |
| Hindalco Inds. | 0.72 % |
| Mankind Pharma | 0.69 % |
| UltraTech Cem. | 0.57 % |
| Power Grid Corpn | 0.52 % |
| IndusInd Bank | 0.51 % |
| SRF | 0.49 % |
| Piramal Enterp. | 0.49 % |
| Syngene Intl. | 0.47 % |
| Power Fin.Corpn. | 0.47 % |
| Godrej Consumer | 0.45 % |
| M & M Fin. Serv. | 0.44 % |
| Torrent Pharma. | 0.39 % |
| SBI Life Insuran | 0.37 % |
| Bajaj Holdings | 0.36 % |
| APL Apollo Tubes | 0.34 % |
| REC Ltd | 0.33 % |
| Emami | 0.31 % |
| Piramal Pharma | 0.31 % |
| Bank of India | 0.3 % |
| Cholaman.Inv.&Fn | 0.3 % |
| Varun Beverages | 0.29 % |
| IDFC First Bank | 0.29 % |
| EIH | 0.29 % |
| CreditAcc. Gram. | 0.29 % |
| City Union Bank | 0.29 % |
| TVS Motor Co. | 0.29 % |
| Dalmia BharatLtd | 0.26 % |
| HDFC Life Insur. | 0.23 % |
| Garware Hi Tech | 0.22 % |
| Alkem Lab | 0.2 % |
| Samvardh. Mothe. | 0.2 % |
| Sonata Software | 0.19 % |
| Guj.St.Petronet | 0.18 % |
| B P C L | 0.18 % |
| Oil India | 0.16 % |
| Abbott India | 0.14 % |
| JNK | 0.03 % |
| Grasim Inds PP | 0.01 % |
| Dr Reddy's Labs | 0.01 % |
| Net CA & Others | -0.31 % |
LIC Mutual Fund Managers
YP
Yogesh Patil
Fund Manager since Apr 2022
Fund House Details
LIC Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
|
Funds
|
3 Y Returns
|
ARQ Rating
|
|---|---|---|
|
HDFC Balanced Advantage Fund IDCW Plan Direct Plan Payout |
23.98% |
4 |
|
Baroda BNP Paribas Balanced Advantage Fund Direct Plan IDCW Payout |
15.79% |
3 |
|
Edelweiss Balanced Advantage Fund Direct Plan Quarterly IDCW Payout |
14.7% |
5 |
Schemes by LIC Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
LIC MF Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
LIC MF Aggressive Hybrid Fund Direct Plan IDCW Payout
Hybrid . Aggressive Hybrid Fund
LIC MF Aggressive Hybrid Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
LIC MF Arbitrage Fund Direct Plan Growth
Hybrid . Arbitrage Fund
LIC MF Arbitrage Fund Direct Plan Monthly IDCW Payout
About LIC MF Balanced Advantage Fund Direct Plan Growth
LIC Mutual Fund manages LIC MF Balanced Advantage Fund Direct Growth as an open-ended dynamic asset allocation fund. The fund adopts a unique approach to asset allocation between equity and fixed-income classes, guided by an internal model developed by LIC Mutual Fund. This model takes into account various valuation ratios, such as PE (Price-to-Earnings), future earnings yield and prevailing interest rates. By leveraging this internal model, the fund aims to minimise human bias and effectively manage asset allocation across equity and debt in different market phases.
Investment Objective of the Scheme
The primary investment objective of LIC MF Balanced Advantage Fund Direct Plan Growth is to provide investors with capital appreciation and income through a combination of equity, debt, and money market instruments. By diversifying its assets across these different classes, the scheme seeks to reduce overall volatility, offering investors a more stable investment experience. The fund managers aim to optimise returns by tactically rebalancing the portfolio based on the internal model's recommendations.
Key Features of The Fund
| 5-year return | NA |
| Expense Ratio | 0.56% |
| Fund Manager | Yogesh Patil |
| Fund Size | ₹886.14 Cr |
| Risk Profile | Very High |
Is This Scheme Right for Me?
LIC MF Balanced Advantage Fund Direct Plan Growth is well-suited for various types of investors. Investors seeking long-term wealth creation can benefit from the fund's dynamic asset allocation strategy, which aims to capture growth opportunities over time. Those looking for diversification of investments can appreciate the fund's allocation across equity, debt, and money market instruments, spreading risk and potential rewards. As with any investment decision, interested investors should carefully assess their financial goals, risk tolerance, and investment time horizon before committing to the scheme.
AMC Contact Details
| Name | LIC Mutual Fund |
| Launch Date | April 1989 |
| Addresss | Industrial Assurance Bldg., 4th Floor, Opp. Churchgate Station, Mumbai - 400 020. |
| Contact | 1800 258 5678 |
| service_licmf@kfintech.com | |
| Website | https://www.licmf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
