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lic mf balanced advantage fund direct growth
LIC MF Balanced Advantage Fund Direct Growth

LIC MF Balanced Advantage Fund Direct Growth

  • Very High Risk
  • Allocation
  • Dynamic Asset Allocation
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NAV as on Jul 4, 2025
i
Price per unit of the scheme.
₹ 14.85950.24%1 Day Change
1.67%
Minimum Investment₹5000
Expense Ratio0.36%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jul 04, 2025
Compare fund’s performance against category average across different time periods
1M3M6M1Y3Y5Y
25Out of 29 funds in the category
Category Avg Return
2.03%
Fund Return 1.67%
Low0%High
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
LIC MF Balanced Advantage Fund Direct Growth
VS
Allocation: Dynamic Asset Allocation Average NAV
    Topper in Allocation: Dynamic Asset Allocation
    WhiteOak Capital Balanced Advantage Fund Direct Growth
    All Fund
    *For the other fund, rescaled NAVs are used
    Share
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    LIC MF Balanced Advantage Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹3,60,000
    • Return
      ₹80,246
    • Current Value
      ₹4,40,246

    bt_logoFUND SUMMARY

    Benchmark
    Nifty 50 Hybrid Comp Debt 50:50 TR INR
    Expense Ratio
    0.36%
    Category Avg Expense Ratio
    0.76%
    Minimum Investment (Lumpsum/SIP)
    ₹ 5000 /₹ 1000
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 830.92 Cr(As on May, 2025)
    Inception Date
    Nov 12, 2021
    Turnover
    39.00 %
    Exit Load
    12% of the units allotted shall be redeemed or switched out 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.

    bt_logoABOUT THE 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.

    LIC MF Balanced Advantage Fund Direct Growth is an Allocation - Dynamic Asset Allocation fund. The fund was launched inNov 12, 2021. Its risk level is . The NAV of the fund as onJul 04, 2025 is ₹14.86. Its expense ratio is 0.36 %. The fund has an AUM of ₹830.92 Cr.The fund is managed byYogesh Patil,Jaiprakash Toshniwal,Rahul Singh.
    The minimum initial investment is  ₹5000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Yogesh Patil
    Yogesh Patil
    i
    Lead Fund Manager.
    Nov 12, 2021 - Present
    • Schemes managed7
    • Total AUM₹ 9,616.61 Cr
    • Highest Return In 1 Yr9.50 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    LIC MF Balanced Advantage Fund Direct Growth
    --
    ₹ 14.86
    1.67%
    2.04%
    Very High Risk
    ₹830.92Cr
    LIC MF Infrastructure Fund Direct Plan Growth Option
    ₹ 57.77
    2.56%
    3.06%
    Very High Risk
    ₹1,004.78Cr
    LIC MF Large & Mid Cap Direct Growth
    ₹ 45.15
    2.14%
    3.38%
    Very High Risk
    ₹3,055.20Cr
    LIC MF Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 14.86
    • Fund Size₹830.92Cr
    Fund Return1.67%
    Category Return2.04%
    LIC MF Infrastructure Fund Direct Plan Growth Option
    Very High Risk
    • NAV₹ 57.77
    • Fund Size₹1,004.78Cr
    Fund Return2.56%
    Category Return3.06%
    LIC MF Large & Mid Cap Direct Growth
    Very High Risk
    • NAV₹ 45.15
    • Fund Size₹3,055.20Cr
    Fund Return2.14%
    Category Return3.38%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Jaiprakash Toshniwal
    Jaiprakash Toshniwal
    i
    Lead Fund Manager.
    Jun 6, 2022 - Present
    • Schemes managed11
    • Total AUM₹ 5,152.17 Cr
    • Highest Return In 1 Yr9.50 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    LIC MF Balanced Advantage Fund Direct Growth
    --
    ₹ 14.86
    1.67%
    2.04%
    Very High Risk
    ₹830.92Cr
    LIC MF Banking & Financial Services Fund Direct Growth
    ₹ 23.97
    3.54%
    2.85%
    Very High Risk
    ₹273.27Cr
    LIC MF Arbitrage Direct Plan Growth
    --
    ₹ 14.45
    0.59%
    0.57%
    Low Risk
    ₹167.60Cr
    LIC MF Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 14.86
    • Fund Size₹830.92Cr
    Fund Return1.67%
    Category Return2.04%
    LIC MF Banking & Financial Services Fund Direct Growth
    Very High Risk
    • NAV₹ 23.97
    • Fund Size₹273.27Cr
    Fund Return3.54%
    Category Return2.85%
    LIC MF Arbitrage Direct Plan Growth
    Low Risk--
    • NAV₹ 14.45
    • Fund Size₹167.60Cr
    Fund Return0.59%
    Category Return0.57%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Rahul Singh
    Rahul Singh
    i
    Lead Fund Manager.
    Nov 12, 2021 - Present
    • Schemes managed11
    • Total AUM₹ 40,243.52 Cr
    • Highest Return In 1 Yr9.50 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    LIC MF Balanced Advantage Fund Direct Growth
    --
    ₹ 14.86
    1.67%
    2.04%
    Very High Risk
    ₹830.92Cr
    Tata Business Cycle Fund Direct Growth
    --
    ₹ 20.30
    3.87%
    -%
    Very High Risk
    ₹2,909.25Cr
    LIC MF Overnight Fund Direct Growth
    --
    ₹ 1,343.45
    0.43%
    -%
    Low to Moderate Risk
    ₹833.88Cr
    LIC MF Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 14.86
    • Fund Size₹830.92Cr
    Fund Return1.67%
    Category Return2.04%
    Tata Business Cycle Fund Direct Growth
    Very High Risk--
    • NAV₹ 20.30
    • Fund Size₹2,909.25Cr
    Fund Return3.87%
    Category Return--
    LIC MF Overnight Fund Direct Growth
    Low to Moderate Risk--
    • NAV₹ 1,343.45
    • Fund Size₹833.88Cr
    Fund Return0.43%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on May, 2025
    EQUITY (67.42%)
    DEBT (20.10%)
    CASH (12.48%)
    Allocation by Market Cap
    Large Cap(38.29%)
    Mid Cap(11.15%)
    Small Cap(17.53%)
    Industry Holdings
    • Banks Regional24.39%
    • Information Technology Services11.00%
    • Credit Services7.61%
    • Drug Manufacturers Specialty Generic7.26%
    • Diversified Industrials6.06%
    • Oil Gas Refining Marketing5.53%
    Stock Holdings
    • HDFC Bank Ltd7.31%
    • Reliance Industries Ltd4.15%
    • Tata Consultancy Services Ltd3.53%
    • ICICI Bank Ltd2.92%
    • State Bank of India2.70%
    • Kotak Mahindra Bank Ltd2.67%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
      ----
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
      ----
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      --
      This Fund
      VS
      --
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      --
      This Fund
      VS
      --
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      --
      This Fund
      VS
      --
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      1.03
      This Fund
      VS
      1.02
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      1.83
      This Fund
      VS
      1.81
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      7.82
      This Fund
      VS
      8.12
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Motilal Oswal Balance Advantage Fund Direct Plan Growth OptionMotilal Oswal Balance Advantage Fund Direct Plan Growth Option
    ₹ 21.86
    4.14%
    2.04%
    Very High Risk
    ₹ 923.18 Cr
    Mahindra Manulife Balanced Advantage Fund Direct GrowthMahindra Manulife Balanced Advantage Fund Direct Growth
    --
    ₹ 15.61
    3.08%
    2.04%
    Very High Risk
    ₹ 905.31 Cr
    NJ Balanced Advantage Fund Direct GrowthNJ Balanced Advantage Fund Direct Growth
    --
    ₹ 14.41
    3.00%
    2.04%
    Low Risk
    ₹ 3,789.16 Cr
    Baroda BNP Paribas Balanced Advantage Fund Direct GrowthBaroda BNP Paribas Balanced Advantage Fund Direct Growth
    ₹ 27.08
    2.80%
    2.04%
    Very High Risk
    ₹ 4,304.22 Cr
    Invesco India Dynamic Equity Fund Direct Plan GrowthInvesco India Dynamic Equity Fund Direct Plan Growth
    ₹ 64.22
    2.78%
    2.04%
    Very High Risk
    ₹ 978.49 Cr
    PGIM India Balanced Advantage Fund Direct GrowthPGIM India Balanced Advantage Fund Direct Growth
    --
    ₹ 16.81
    2.75%
    2.04%
    Very High Risk
    ₹ 975.78 Cr
    Motilal Oswal Balance Advantage Fund Direct Plan Growth Option
    Very High Risk
    • NAV₹ 21.86
    • Fund Size₹ 923.18 Cr
    Fund Return4.14%
    Category Return2.04%
    Mahindra Manulife Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 15.61
    • Fund Size₹ 905.31 Cr
    Fund Return3.08%
    Category Return2.04%
    NJ Balanced Advantage Fund Direct Growth
    Low Risk--
    • NAV₹ 14.41
    • Fund Size₹ 3,789.16 Cr
    Fund Return3.00%
    Category Return2.04%
    Baroda BNP Paribas Balanced Advantage Fund Direct Growth
    Very High Risk
    • NAV₹ 27.08
    • Fund Size₹ 4,304.22 Cr
    Fund Return2.80%
    Category Return2.04%
    Invesco India Dynamic Equity Fund Direct Plan Growth
    Very High Risk
    • NAV₹ 64.22
    • Fund Size₹ 978.49 Cr
    Fund Return2.78%
    Category Return2.04%
    PGIM India Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.81
    • Fund Size₹ 975.78 Cr
    Fund Return2.75%
    Category Return2.04%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    LIC MF Flexi Cap Fund Direct Plan Growth OptionLIC MF Flexi Cap Fund Direct Plan Growth Option
    ₹ 107.46
    5.40%
    3.41%
    Very High Risk
    ₹ 1,568.53 Cr
    LIC MF Nifty 50 Index Fund Direct Plan Growth OptionLIC MF Nifty 50 Index Fund Direct Plan Growth Option
    ₹ 151.56
    3.61%
    --
    Very High Risk
    ₹ 331.00 Cr
    LIC MF Banking & Financial Services Fund Direct GrowthLIC MF Banking & Financial Services Fund Direct Growth
    ₹ 23.97
    3.54%
    2.85%
    Very High Risk
    ₹ 273.27 Cr
    LIC MF S & P BSE Sensex Index Direct Plan Growth optionLIC MF S & P BSE Sensex Index Direct Plan Growth option
    ₹ 167.47
    3.25%
    --
    Very High Risk
    ₹ 89.24 Cr
    LIC MF Large Cap Fund Direct Plan GrowthLIC MF Large Cap Fund Direct Plan Growth
    ₹ 64.69
    3.11%
    3.37%
    Very High Risk
    ₹ 1,468.58 Cr
    LIC MF ELSS-Direct Plan Growth OptionLIC MF ELSS-Direct Plan Growth Option
    ₹ 176.07
    2.63%
    3.20%
    Very High Risk
    ₹ 1,113.04 Cr
    LIC MF Flexi Cap Fund Direct Plan Growth Option
    Very High Risk
    • NAV₹ 107.46
    • Fund Size₹ 1,568.53 Cr
    1 Month Return5.40%
    Category Return3.41%
    LIC MF Nifty 50 Index Fund Direct Plan Growth Option
    Very High Risk
    • NAV₹ 151.56
    • Fund Size₹ 331.00 Cr
    1 Month Return3.61%
    Category Return--
    LIC MF Banking & Financial Services Fund Direct Growth
    Very High Risk
    • NAV₹ 23.97
    • Fund Size₹ 273.27 Cr
    1 Month Return3.54%
    Category Return2.85%
    LIC MF S & P BSE Sensex Index Direct Plan Growth option
    Very High Risk
    • NAV₹ 167.47
    • Fund Size₹ 89.24 Cr
    1 Month Return3.25%
    Category Return--
    LIC MF Large Cap Fund Direct Plan Growth
    Very High Risk
    • NAV₹ 64.69
    • Fund Size₹ 1,468.58 Cr
    1 Month Return3.11%
    Category Return3.37%
    LIC MF ELSS-Direct Plan Growth Option
    Very High Risk
    • NAV₹ 176.07
    • Fund Size₹ 1,113.04 Cr
    1 Month Return2.63%
    Category Return3.20%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    LIC Mutual Fund Asset Management Limited
    LIC Mutual Fund Asset Management Limited manages assets worth ₹ 36,958.73 crores. It’s current offering of mutual fund schemes includes 10 equity, 7 debt and 6 hybrid schemes.
    phone icon
    Phone
    +91 022-66016000
    mail icon
    Email
    cs.co@licmf.com
    aum
    AUM
    ₹ 36,958.73 Cr (
    As on May 31, 2025
    )
    location
    Address
    4th Floor, Industrial Assurance Building, Mumbai,400 020

    bt_logoFAQ's

    What is the category of LIC MF Balanced Advantage Fund Direct Growth ?
    The category of LIC MF Balanced Advantage Fund Direct Growth is Allocation - Dynamic Asset Allocation
    What is the current NAV of LIC MF Balanced Advantage Fund Direct Growth ?
    The current NAV of LIC MF Balanced Advantage Fund Direct Growth as on Jul 04, 2025 is ₹14.86
    How safe is LIC MF Balanced Advantage Fund Direct Growth ?
    The risk level of LIC MF Balanced Advantage Fund Direct Growth is Very High.
    What are short term returns given by LIC MF Balanced Advantage Fund Direct Growth ?
    The return given by LIC MF Balanced Advantage Fund Direct Growth in 1 month is 1.67%, 3 months is 9.07%, 6 months is 4.93%, and 1 year is 9.50%
    What are the long term returns given by LIC MF Balanced Advantage Fund Direct Growth ?
    The return given by LIC MF Balanced Advantage Fund Direct Growth in 3 years is 15.05% and 5 years is --.
    What is the expense ratio of LIC MF Balanced Advantage Fund Direct Growth ?
    The expense ratio of LIC MF Balanced Advantage Fund Direct Growth is 0.36%
    What is the AUM of LIC MF Balanced Advantage Fund Direct Growth ?
    The assets under Management (AUM) of LIC MF Balanced Advantage Fund Direct Growth is Rs 830.92 crores.
    What is the minimum investment in LIC MF Balanced Advantage Fund Direct Growth ?
    The minimum Lumpsum investment in LIC MF Balanced Advantage Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in LIC MF Balanced Advantage Fund Direct Growth is ₹1,000.00
    What is the asset allocation of LIC MF Balanced Advantage Fund Direct Growth?
    LIC MF Balanced Advantage Fund Direct Growth has an exposure of 67.42% in Equity, 20.10% in Debt and 12.48% in Cash & Money Market Securities

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