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Unrated

LIC MF Balanced Advantage Fund - Regular Plan


Suitability:

"When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.

These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years."

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.95 -0.34 0.03 3.00 -- -- -- -- -- -- --
VR Balanced TRI 4.78 0.25 1.49 6.77 -- -- -- -- -- -- --
Hybrid: Dynamic Asset Allocation 1.51 -0.57 0.04 2.44 -- -- -- -- -- -- --
Rank within category 9 4 18 8 -- -- -- -- -- -- --
Number of funds in category 28 29 29 28 26 25 24 18 12 10 6

As on 18-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
LIC MF Balanced Advantage Fund - Regular Plan  | Invest Online
Unrated
Nov-21 -- -- -- 2.42% 1,121
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
Dec-06 15.66 13.26 11.53 1.68% 37,879
Kotak Balanced Advantage Fund - Regular Plan  | Invest Online
4 star
Aug-18 13.20 13.42 -- 1.77% 12,750
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
Aug-09 18.97 17.39 14.38 1.80% 7,048
Aditya Birla Sun Life Balanced Advantage Fund  | Invest Online
4 star
Apr-00 14.68 13.00 10.25 1.83% 6,569

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.09 29-Dec-2021 - 05-Jan-2022 -2.07 13-Dec-2021 - 20-Dec-2021
Month 2.86 06-Dec-2021 - 05-Jan-2022 -2.60 18-Nov-2021 - 20-Dec-2021
Quarter -- - -- -
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 16.94 17.88 0.74 0.86 -- --
Hybrid: Dynamic Asset Allocation* 11.52 12.24 0.64 0.70 0.63 -0.46
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Dec-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 58
Top 10 Holdings (%) 43.55
Top 5 Holdings (%) 28.06
Top 3 Sectors (%) 31.66
Portfolio P/B Ratio 3.67
Portfolio P/E Ratio 26.77
Avg Credit Rating GOI/Cash

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 5.70% National Bank Agr. Rur. Devp 22-D 31/07/2025 Debenture AAA 6.73 - 7.07 6.73
equal 8.20% GOI 15/02/2022 Central Government Loan SOV 4.62 - 4.85 4.62
equal REC 31/10/2024 Non Convertible Debenture AAA 2.24 - 2.35 2.24
new 5.63% GOI 2026 GOI Securities SOV 0.00 - 2.24 2.24
new 6.10% GOI 2031 GOI Securities SOV 0.00 - 2.24 2.24
equal Reserve Bank of India 91-D 02/02/2022 Treasury Bills SOV 2.22 - 2.33 2.22

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up ICICI Bank Financial 26.45 5.97 3.58 5.97
up HDFC Bank Financial 23.35 5.51 3.55 5.51
up Infosys Technology 36.53 5.23 3.14 5.23
up Reliance Industries Energy 32.63 4.06 2.42 4.06
up HDFC Financial 22.77 3.37 2.05 3.37
up Axis Bank Financial 22.37 2.92 1.70 2.92
up Larsen & Toubro Construction 32.41 2.65 1.56 2.65
up Bharti Airtel Communication 136.71 2.50 1.74 2.50
up Kotak Mahindra Bank Financial 37.87 2.50 1.67 2.50
up Hindustan Unilever FMCG 64.66 2.44 1.23 2.44
up State Bank of India Financial 16.07 2.43 1.62 2.43
up Bajaj Finance Financial 76.73 2.16 1.50 2.16
up Tata Consultancy Services Technology 38.48 2.13 1.36 2.13
up HCL Technologies Technology 29.56 1.34 0.95 1.34
up ITC FMCG 19.03 1.34 0.86 1.34
up Asian Paints Chemicals 96.69 1.28 0.76 1.28
up Hindalco Inds. Metals 11.33 0.92 0.36 0.92
up Bajaj Finserv Financial 68.15 0.90 0.53 0.90
up Tech Mahindra Technology 31.87 0.88 0.49 0.88
up Mahindra & Mahindra Automobile 26.93 0.85 0.46 0.85
up Maruti Suzuki India Automobile 57.60 0.84 0.50 0.84
up Ultratech Cement Construction 33.01 0.79 0.41 0.79
up Pidilite Industries Chemicals 101.17 0.77 0.30 0.77
up Tata Motors Automobile -- 0.76 0.42 0.76
up Titan Company Consumer Durable 131.52 0.75 0.44 0.75

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2021

Fund Manager

— Yogesh Patil since 20-Oct-2021

Education: Mr. Patil is an MBA (Finance).

Experience: Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.

Funds Managed:

— Rahul Singh since 20-Oct-2021

Education: Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.

Experience: Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).

Funds Managed:


-0.34%

Change from previous, NAV as on 18-Jan-2022

Growth: ₹ 10.1194

IDCW: ₹ 10.1194


Investment Strategy

The scheme seeks 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.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 1,000
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load For units in excess of 12% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: LIC Mutual Fund
Launch Date: 12-Nov-2021
Return Since Launch: 1.19%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,121 Cr (As on 31-Dec-2021)
Expense: 2.42% (As on 31-Dec-2021)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: LIC Mutual Fund Asset Management Company Ltd

Address: Industrial Assurance Building 4th Floor, Opp. Churchgate Station Mumbai - 400020

Phone: 022-66016000 / 1800-258-5678

Fax: 022-22880633

Email: [email protected]

Website: http://www.licmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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