LIC MF Balanced Advantage Fund – Dir Growth

1,000
Min SIP
5,000
Min Lumpsum
0.51 %
Expense Ratio
Rating
925
Fund Size (in Cr)
2 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 29 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 17.6% - - 9.7%
Category Average 24.6% 14.7% 16.5% -

Scheme Allocation

By Holding
By Sector
By Asset
9.22%
7.85%
4.8%
Others
65.76%
View all Holdings
Holdings Sector Instrument Asset
ICICI Bank Banks Equity 9.22%
HDFC Bank Banks Equity 7.85%
Reliance Industr Refineries Equity 6.72%
St Bk of India Banks Equity 5.65%
Infosys IT - Software Equity 4.8%
ITC Tobacco Products Equity 3.99%
TCS IT - Software Equity 3.34%
Hind. Unilever FMCG Equity 2.88%
M & M Automobile Equity 2.83%
Kotak Mah. Bank Banks Equity 2.47%
Bajaj Finance Finance Equity 2.18%
Axis Bank Banks Equity 2.03%
HCL Technologies IT - Software Equity 1.46%
Cipla Pharmaceuticals Equity 1.34%
Maruti Suzuki Automobile Equity 1.33%
Sun Pharma.Inds. Pharmaceuticals Equity 1.24%
Apollo Hospitals Healthcare Equity 1.06%
Torrent Pharma. Pharmaceuticals Equity 0.86%
NTPC Power Generation & Distribution Equity 0.7%
SRF Chemicals Equity 0.66%
Samvardh. Mothe. Auto Ancillaries Equity 0.66%
Power Grid Corpn Power Generation & Distribution Equity 0.64%
Hero Motocorp Automobile Equity 0.57%
Shriram Finance Finance Equity 0.55%
Bank of India Banks Equity 0.5%
Syngene Intl. Pharmaceuticals Equity 0.49%
Piramal Enterp. Finance Equity 0.47%
Power Fin.Corpn. Finance Equity 0.46%
Tech Mahindra IT - Software Equity 0.4%
Texmaco Rail Capital Goods-Non Electrical Equipment Equity 0.4%
Crompton Gr. Con Consumer Durables Equity 0.37%
Bharat Electron Aerospace & Defence Equity 0.33%
Godrej Consumer FMCG Equity 0.32%
APL Apollo Tubes Steel Equity 0.32%
IDFC First Bank Banks Equity 0.28%
GAIL (India) Gas Distribution Equity 0.28%
Grasim Inds Textiles Equity 0.27%
Arvind Fashions. Trading Equity 0.27%
ICICI Pru Life Insurance Equity 0.26%
City Union Bank Banks Equity 0.25%
SBI Life Insuran Insurance Equity 0.25%
Protean eGov IT - Software Equity 0.23%
M & M Fin. Serv. Finance Equity 0.23%
Biocon Pharmaceuticals Equity 0.2%
Oberoi Realty Realty Equity 0.1%
Macrotech Devel. Construction Equity 0.09%
UltraTech Cem. Cement Equity 0.03%
Eicher Motors Automobile Equity 0.03%
Grasim Inds PP Textiles Equity 0.01%
Debt
29.59%
Banks
28.25%
IT-Software
10%
Diversified FMCG
6.87%
Petroleum Products
6.72%
Others
18.57%
View all Sectors
Sectors Asset
Debt 29.59%
Banks 28.25%
IT-Software 10%
Diversified FMCG 6.87%
Petroleum Products 6.72%
Automobiles 4.76%
Finance 3.89%
Pharmaceuticals & Biotech 3.64%
Healthcare Services 1.55%
Power 1.34%
Auto Components 0.66%
Chemicals & Petrochemical 0.66%
Insurance 0.51%
Industrial Manufacturing 0.4%
Consumer Durables 0.37%
Aerospace & Defense 0.33%
Industrial Products 0.32%
Personal Products 0.32%
Cement & Cement Products 0.31%
Gas 0.28%
Retailing 0.27%
IT-Services 0.23%
Realty 0.19%
Cash & Others -1.49%
Equity
71.86%
Govt Securities / Sovereign
18.96%
Reverse Repos
4.15%
Commercial Paper
3.65%
Corporate Debentures
2.83%

Advance Ratio

1.29
Alpha
2.03
SD
0.53
Beta
0.53
Sharpe

Exit Load

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.

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.

Fund Managers

Yogesh Patil

Mr Yogesh Patil, MBA (Finance), joined LIC AMC in October 2018 as a Fund Manager and quickly moved ranks to become the Head of Equities in April 2021. He has more than eighteen (18) years of experience in the buy and sell side of the Indian equity markets. He manages some of LIC’s top-performing funds like LIC Large and Midcap Fund, LIC Equity Hybrid Fund, LIC Tax saver Fund, LIC Multicap Fund, and LIC Large cap Fund. Before joining LIC MF, Mr Patil worked at Canara Robeco AMC as Senior Fund Manager and Sahara Mutual Fund as Equity Research Analyst.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

LIC Mutual Fund
AUM:
26,058 Cr
Address:
4th Floor, Industrial Insurance Building, Opp.Churchgate Stati Mumbai 400 020.
Contact:
022-66016000
Email ID:
cs.co@licmf.com

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Frequently Asked Questions

How to invest in LIC MF Balanced Advantage Fund – Dir Growth ?

You can invest in LIC MF Balanced Advantage Fund – Dir Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for LIC MF Balanced Advantage Fund – Dir Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of LIC MF Balanced Advantage Fund – Dir Growth ?

The NAV of LIC MF Balanced Advantage Fund – Dir Growth is ₹12.3 as of 29 February 2024.

How to redeem LIC MF Balanced Advantage Fund – Dir Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of LIC MF Balanced Advantage Fund – Dir Growth?

The minimum SIP amount of LIC MF Balanced Advantage Fund – Dir Growth is ₹1000

What are the top sectors LIC MF Balanced Advantage Fund – Dir Growth has invested in?

The top sectors LIC MF Balanced Advantage Fund – Dir Growth has invested in are
  1. Debt - 29.59%
  2. Banks - 28.25%
  3. IT-Software - 10%
  4. Diversified FMCG - 6.87%
  5. Petroleum Products - 6.72%

Can I make investments in both the SIP and Lump Sum schemes of LIC MF Balanced Advantage Fund – Dir Growth?

Yes, You can select both SIP or Lumpsum investment of LIC MF Balanced Advantage Fund – Dir Growth based on your investment objective and risk tolerance.

How much returns have LIC MF Balanced Advantage Fund – Dir Growth generated ?

The LIC MF Balanced Advantage Fund – Dir Growth has delivered 9.7% since inception

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

The expense ratio of LIC MF Balanced Advantage Fund – Dir Growth is 0.51 % as of 29 February 2024.

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

The AUM of LIC MF Balanced Advantage Fund – Dir Growth is ₹26,058 Cr as of 29 February 2024

What are the top stock holdings of LIC MF Balanced Advantage Fund – Dir Growth?

The top stock holdings of LIC MF Balanced Advantage Fund – Dir Growth are
  1. ICICI Bank - 9.22%
  2. HDFC Bank - 7.85%
  3. Reliance Industr - 6.72%
  4. St Bk of India - 5.65%
  5. Infosys - 4.8%

How can I redeem my investments in LIC MF Balanced Advantage Fund – Dir Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select LIC MF Balanced Advantage Fund – Dir Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now