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LIC MF Balanced Advantage Fund-Regular Plan-IDCW

Category: Hybrid: Dynamic Asset Allocation
Launch Date: 12-11-2021
Asset Class:
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Expense Ratio: 2.21% As on (30-04-2024)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 500.0
Total Assets: 886.14 Cr As on (30-04-2024)
Turn over: 54
NAV (₹): 11.423
₹ 0.05 ( 0.471%)
as on 10-05-2024
CAGR Since Inception - 7.27%
NIFTY 50 Hybrid Composite debt 50:50 Index - 11.54%

Fund Managers

Yogesh Patil, Rahul Singh, Jaiprakash Toshniwal


Investment Objective

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.

PERFORMANCE of LIC MF Balanced Advantage Fund-Regular Plan-IDCW

Scheme Performance (%) Data as on - 10-05-2024

1-Year Ret (%) 3-Yrs Ret (%) 5-Yrs Ret (%) 10-Yrs Ret (%) Since Launch Ret (%)
LIC MF Balanced Advantage Fund-Regular Plan-IDCW 13.18 - - - 7.27
Benchmark - - - - -
Hybrid: Dynamic Asset Allocation 22.2 11.75 11.89 11.15 11.39

RETURNS CALCULATOR for LIC MF Balanced Advantage Fund-Regular Plan-IDCW

Growth of 10000 In SIP (Fund vs Benchmark)

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Growth of 10000 In LUMPSUM (Fund vs Benchmark)

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Rolling Returns

Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.

Key Performance and Risk Statistics of LIC MF Balanced Advantage Fund-Regular Plan-IDCW

Key Statistics Volatility Sharpe Ratio Alpha Beta Yield to Maturity Average Maturity
LIC MF Balanced Advantage Fund-Regular Plan-IDCW 7.43 7.61
Hybrid: Dynamic Asset Allocation - - - - - -

PEER COMPARISION

Scheme Name Launch
Date
1-Year
Ret (%)
2-Yrs
Ret (%)
3-Yrs
Ret (%)
5-Yrs
Ret (%)
10-Yrs
Ret (%)
LIC MF Balanced Advantage Fund Reg IDCW 12-11-2021 13.18 10.89 0.0 0.0 0.0
quant Dynamic Asset Allocation Fund Reg Gr 12-04-2023 54.69 0.0 0.0 0.0 0.0
HDFC Balanced Advtg Gr 01-02-1994 37.28 28.1 23.88 19.09 16.01
Mahindra Manulife Balanced Advantage Fund Reg Gr 30-12-2021 26.99 16.06 0.0 0.0 0.0
NJ Balanced Advantage Fund Reg Gr 05-10-2021 25.67 16.43 0.0 0.0 0.0
Shriram Balanced Advtg Reg Gr 05-07-2019 25.26 15.4 11.84 0.0 0.0
Motilal Oswal Balanced Advantage Fund (MOFDYNAMIC) Reg Gr 05-09-2016 24.86 16.07 9.97 9.8 0.0
Franklin India Balanced Advantage Fund Gr 06-09-2022 24.83 0.0 0.0 0.0 0.0
Baroda BNP Paribas Balanced Advantage Fund Reg Gr 04-11-2018 24.17 18.61 13.88 15.55 0.0
Edelweiss Balanced Advtg Reg Gr 20-08-2009 23.69 16.38 12.89 14.79 12.57

Asset Allocation (%)

PORTFOLIO ANALYSIS of LIC MF Balanced Advantage Fund-Regular Plan-IDCW

Portfolio as on

Top 10 Sectors in portfolio (%)

Top 10 Stocks in portfolio (%)

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