FAQ : LIC MF Balanced Advantage Fund - Regular Plan - Growth

LIC MF Balanced Advantage Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 15.1 N/A N/A N/A
Average Rolling Returns(%) 9.42 N/A N/A N/A

The Current NAV of LIC MF Balanced Advantage Fund - Regular Plan - Growth is ₹12.01.

It is better to invest in a fund with a longer track record as LIC MF Balanced Advantage Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns likely to be fairly different than its benchmark NIFTY 50 , as Funds portfolio is somewhat different.

LIC MF Balanced Advantage Fund - Regular Plan - Growth fund’s expense ratio is 2.20%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of LIC MF Balanced Advantage Fund - Regular Plan - Growth is currently ₹900 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and Reliance Industries and account for 22% of its portfolio. Top 5 and 10 stocks of fund account for 31% and 47% of fund’s portfolio respectively.

Top three sectors of LIC MF Balanced Advantage Fund - Regular Plan - Growth fund are BFSI, Others and IT accounting for 67% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Hybrid - Balanced Advantage it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of LIC MF Balanced Advantage Fund - Regular Plan - Growth Fund is Hybrid - Balanced Advantage.

Yogesh Patil and Jaiprakash Toshniwal manage the LIC MF Balanced Advantage Fund - Regular Plan - Growth Fund.

LIC MF Balanced Advantage Fund - Regular Plan - Growth current PE ratio is 27.79 and PB ratio is 4.95

The asset allocation of LIC MF Balanced Advantage Fund - Regular Plan - Growth is Stocks : 67.83%, Debt : 32.16% and Gold : 0%

The minimum SIP amount for LIC MF Balanced Advantage Fund - Regular Plan - Growth is ₹1000.00 and minimum lumpsum is ₹5000.00

The exit load for LIC MF Balanced Advantage Fund - Regular Plan - Growth is Nil upto 12% of units and 1% on remaining units on or before 3 months, Nil after 3 months

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