
LIC MF Balanced Advantage Fund Direct Growth
LIC MF Balanced Advantage Fund Direct Growth
as on 02 Nov 2026
LIC MF Balanced Advantage Fund Direct Growth is a Hybrid mutual fund scheme launched on 12 Nov 2021. The current NAV stands at ₹14.4076 as of 02 Nov 2026. From the funds total AUM, its top holdings include Treps at 8.77%, Jamnagar Utilities & Power Private Limited at 7.49%, HDFC Bank at 4.83%, ICICI Bank at 4.55%, Navin Fluorine International at 3.90%
Scheme Overview
- Inception Date : 12 Nov 2021
- AUM : ₹653.43 Cr
- 3Y Returns (CAGR) : 7.58%
- Expense Ratio : 1.52%
- Min. SIP : ₹200
- Min. Lumpsum : ₹5,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
3Y
₹ 18.95 L
3.50%
₹ 20.40 L
8.00%
₹ 20.27 L
7.58%
Total Investment
₹ 18,00,000
Returns
₹ 2,26,714 (7.58%)
Maturity Value
₹ 20,26,714
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 653.43 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹653.43 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Other | 27.63% | ||
| Financial Services | 20.63% | ||
| Industrials | 14.34% | ||
| Basic Materials | 13.51% | ||
| Healthcare | 7.59% | ||
| Technology | 4.28% | ||
| Consumer Cyclical | 3.94% | ||
| Utilities | 3.76% | ||
| Communication Services | 2.72% | ||
| Consumer Defensive | 1.61% |
Stock Holdings
as of 31 May 2026
Fund Comparison
Fund Details
52W High NAV
₹ 15.2968
Min. SIP Amount
₹ 200.00
Min. Lumpsum Amount
₹ 5,000.00
AUM (in Cr.)
₹ 653.43
Expense Ratio
1.52%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 13.4834
Inception Date
12 Nov 2021
Fund Age
4 Yrs
Benchmark
Nifty 50 Hybrid Composite Debt 50:50 Index
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Rahul Singh | B.SC Economic Hons. and hold a PGDM FROM IIM-A. |
| Siddharth Panjwani | CFA - CFA Institute, USA , MBA - Carnegie Mellon University - Tepper School of Business, B.E., Computer Science - VESIT, University of Mumbai |
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.
Risk-O-Meter
Investors understand that their principal will be at
Very High Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
LIC Mutual Fund
No. of Schemes
33
Total AUM
₹ 44,887.72 Cr
Contact Details
4th Floor, Industrial InsuranceBuilding, Opp.Churchgate StatiMumbai 400 020.
Contact Details
4th Floor, Industrial InsuranceBuilding, Opp.Churchgate StatiMumbai 400 020.
FAQs
When was LIC MF Balanced Advantage Fund launched?
What is the current NAV of LIC MF Balanced Advantage Fund?
What is the AUM of LIC MF Balanced Advantage Fund?
What is the rate of return of LIC MF Balanced Advantage Fund?
- In the past 1Y: -3.59%
- In the past 3Y: 7.58%
- In the past 5Y: 0.00%
What is the expense ratio of LIC MF Balanced Advantage Fund?
What is exit load of LIC MF Balanced Advantage Fund?
What is the portfolio of LIC MF Balanced Advantage Fund?
- HDFC Bank: 4.83%
- ICICI Bank: 4.55%
- Navin Fluorine International: 3.90%
- Larsen & Toubro: 2.58%
- Sun Pharmaceutical: 2.58%
Top 3 sectoral holdings include:
- Others: 27.67%
- Financial Services: 20.63%
- Industrials: 14.34%
How risky is investing in LIC MF Balanced Advantage Fund?
Who is the fund manager LIC MF Balanced Advantage Fund?
What is the minimum investment required in LIC MF Balanced Advantage Fund?
How to invest in LIC MF Balanced Advantage Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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