Widely used:
Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
Moderately High
₹13.5782 -0.67%
As on 13-Aug-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
LIC MF Balanced Advantage Fund - Direct Plan
|
|
Moderately High
|
Please wait... |
0.56 |
||
 |
|
Very High
|
Please wait... |
0.73 |
||
 |
|
Very High
|
Please wait... |
0.85 |
||
|
|
Very High
|
Please wait... |
0.40 |
||
|
|
High
|
Please wait... |
0.36 |
₹877 Cr
1.00 (90)
5,000
500
1,000
12
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.
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 dynamic asset allocation fund, if you need to redeem your investment in less than five years."
Capital Gains Taxation
The following tax treatment is based upon last 12-months average equity allocation and may vary from other funds in the category.
Dividend Taxation
LIC MF Balanced Advantage Fund - Direct Plan invests in a mix of equity and fixed-income securities. The proportion of the two is dynamically managed and may keep varying depending on the market outlook of the fund manager.
Mutual funds can be bought directly from the website of the fund house. For instance, LIC MF Balanced Advantage Fund - Direct Plan fund can be purchased from the website of LIC Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of LIC MF Balanced Advantage Fund - Direct Plan is ₹13.5782 as of 14-Aug-2024.
The AUM of LIC MF Balanced Advantage Fund - Direct Plan Fund is ₹877 Cr as of 31-Jul-2024
The riskometer level of LIC MF Balanced Advantage Fund - Direct Plan is Moderately High. See More
| Company | Percentage of Portfolio |
|---|---|
|
GOI Sec 7.26 22/08/2032 |
8.99
|
|
Maharashtra State SDL 7.71 08/11/2033 |
2.98
|
|
Karnataka State SDL 7.68 27/12/2037 |
2.97
|
|
Tamilnadu State SDL 7.80 27/07/2032 |
2.94
|
|
HDFC Bank Ltd SR AA009 8 Debenture 27/07/2032 |
2.91
|
As of 31-Jul-2024, LIC MF Balanced Advantage Fund - Direct Plan had invested 44.47% in Equity, 32.27% in Cash & Cash Eq. and 23.27% in Debt See More
LIC MF Balanced Advantage Fund - Direct Plan is 2 years 9 months old. It has delivered 11.75% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
17.45%
|
--
|
--
|
--
|
--
|
11.75%
|
No, There is no lock in period in LIC MF Balanced Advantage Fund - Direct Plan.
The expense ratio of LIC MF Balanced Advantage Fund - Direct Plan is 0.56.
Mutual Funds 
LIC MF LIC MF Balanced Advantage Fund - Direct Plan
