VR Logo

Unrated

LIC MF Balanced Advantage Fund - Direct Plan download report


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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
LIC MF Balanced Advantage Fund Direct-G -1.97 0.46 0.13 -1.57 -4.26 -3.19 -- -- -- -- --
VR Balanced TRI -7.03 0.50 0.09 -3.73 -10.39 -9.10 -- -- -- -- --
Hybrid: Dynamic Asset Allocation -3.95 0.40 0.30 -1.61 -5.44 -4.83 -- -- -- -- --
Rank within category 7 8 21 18 9 8 -- -- -- -- --
Number of funds in category 28 29 29 29 29 29 25 21 13 11 0

As on 04-Jul-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 - Direct Plan  | Invest Online
Unrated
Nov-21 -- -- -- 0.40% 1,173
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
Jan-13 6.44 11.08 10.41 0.95% 40,146
ICICI Prudential Asset Allocator Fund (FOF) - Direct Plan  | Invest Now
4 star
Jan-13 6.96 12.88 11.42 0.07% 15,824
Kotak Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Aug-18 2.35 10.47 -- 0.45% 13,667
Edelweiss Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Jan-13 2.20 13.64 11.33 0.47% 8,046

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.87 07-Mar-2022 - 14-Mar-2022 -3.51 09-Jun-2022 - 16-Jun-2022
Month 5.12 07-Mar-2022 - 06-Apr-2022 -4.26 04-Feb-2022 - 07-Mar-2022
Quarter 2.68 07-Mar-2022 - 06-Jun-2022 -5.16 17-Mar-2022 - 17-Jun-2022
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
LIC MF Balanced Advantage Fund Direct-G -- -- -- -- -- --
VR Balanced TRI* 11.68 18.20 0.45 0.54 -- --
Hybrid: Dynamic Asset Allocation* 10.36 12.50 0.57 0.69 0.63 1.73
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 30-Jun-2022

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 38
Top 10 Holdings (%) 48.13
Top 5 Holdings (%) 29.22
Top 3 Sectors (%) 37.25
Portfolio P/B Ratio 2.94
Portfolio P/E Ratio 19.85
Avg Credit Rating GOI/Cash

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

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 4.22 - 7.07 4.22
new Reserve Bank of India 91-D 25/08/2022 Treasury Bills SOV 0.00 - 4.21 4.21
equal Reserve Bank of India 182-D 20/10/2022 Treasury Bills SOV 0.00 - 4.18 4.18
equal 5.63% GOI 2026 GOI Securities SOV 0.00 - 4.38 4.09
equal REC 31/10/2024 Non Convertible Debenture AAA 2.16 - 2.35 2.20
equal 7.59% Karnataka State 29/03/2027 State Development Loan SOV 0.00 - 2.35 2.16
new Reserve Bank of India 182-D 15/09/2022 Treasury Bills SOV 0.00 - 2.10 2.10
equal 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 2.15 2.05
equal 5.74% GOI 15/11/2026 GOI Securities SOV 0.00 - 2.18 2.02

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

ajax-loader
Please wait...

Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up ICICI Bank Financial 19.94 7.22 3.58 7.22
up Reliance Industries Energy 26.91 6.67 2.42 6.67
up HDFC Bank Financial 19.78 5.66 3.55 5.66
up Infosys Technology 28.31 5.55 3.14 5.45
up Tata Consultancy Services Technology 30.88 3.26 1.36 3.26
up Axis Bank Financial 14.24 3.43 1.70 3.17
up HDFC Financial 17.79 3.37 2.05 3.15
up Hindustan Unilever Consumer Staples 62.84 3.00 1.23 3.00
up Bharti Airtel Communication 94.30 2.88 1.74 2.80
up State Bank of India Financial 11.94 2.76 1.62 2.51
up Larsen & Toubro Construction 25.65 2.65 1.56 2.34
down Kotak Mahindra Bank Financial 27.45 2.53 1.67 2.13
up Bajaj Finance Financial 48.50 2.17 1.50 1.91
up ITC Consumer Staples 23.62 1.69 0.86 1.69
up GAIL Energy 4.77 1.59 0.20 1.59
up Mahindra & Mahindra Automobile 20.62 1.59 0.46 1.59
up HCL Technologies Technology 19.79 1.34 0.95 1.08
up SBI Life Insurance Company Insurance 59.22 1.07 0.35 1.07
up Ultratech Cement Materials 22.42 1.09 0.41 1.05
up Indraprastha Gas Energy 16.91 1.00 0.00 1.00
up Maruti Suzuki India Automobile 65.77 0.95 0.50 0.91
up Eicher Motors Automobile 45.61 0.90 0.00 0.90
up Dr. Reddy's Lab Healthcare 33.06 0.88 0.34 0.88
up Grasim Industries Materials 11.77 0.87 0.33 0.87
up Hindustan Petroleum Corporation Energy 4.41 0.86 0.00 0.86

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-May-2022

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.

Interviews:

Funds Managed:

— Jaiprakash Toshniwal since 06-Jun-2022

Education: Mr. Toshniwal is a CFA - CFA Institute, USA. MS Finance (CFA) - ICFAI, India. B.com - Gujarat University.

Experience: Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with India First Life Insurance and Taurus Mutual Fund.

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:


0.46%

Change from previous, NAV as on 04-Jul-2022

Growth: ₹ 9.7567

IDCW: ₹ 9.7567


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 90 days

Basic Details

Fund House: LIC Mutual Fund
Launch Date: 12-Nov-2021
Return Since Launch: -2.43%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,173 Cr (As on 31-May-2022)
Expense: 0.40% (As on 31-May-2022)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: LIC Mutual Fund Asset Management Company Ltd

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

Phone: 022-66016177 / 022-66016178

Fax: 022-22880633

Email: [email protected]

Website: http://www.licmf.com

Registrar & Transfer Agent: KFin Technologies Ltd.

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

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

All about nominations in mutual funds

DateFri, 08-Jul-2022
Time12:30 PM - 12:40 PM

attending You have reserved a spot