LIC MF Balanced Advantage Fund Growth Return
- 1M
- 3M
- 6M
- 1Y
- 3Y
- 5Y
This Fund:
Sensex:
BankFD:
Showing Funds Performance since Sep 07, 2020
LIC MF Balanced Advantage Fund Growth Fund Overview
SIP ₹200 & Lump. ₹5000
₹653 Cr
N/A
2.94
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.
Nifty 50 Total Returns Index
LIC MF Balanced Advantage Fund Growth Calculate Returns
You would have got
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Growth Review
| Duration | Fund Return(%) | Category Average(%) | Category Best(%) |
|---|---|---|---|
| 1M | -4.76 | -1.39 | 1.08 |
| 6M | -1.84 | 0.85 | 7.16 |
| 1Y | -5.41 | 2.85 | 25.12 |
| 3Y | 5.41 | 12.51 | 39.84 |
Portfolio Analysis
- Equity: 75.68%
- Debt: 24.32%
- Others
About Fund LIC MF Balanced Advantage Fund Growth
LIC MF Balanced Advantage Fund Growth managed by LIC Mutual Fund,is a Balanced Fundsscheme with Assets Under Management of ₹653 Crore. The fund benchmarks its performance against the Nifty 50 Total Returns Index while maintaining an expense ratio of 2.94. Under the expert guidance of Mahesh Bendre ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.
Fund Managers
Mahesh Bendre
Mr. Mahesh Bendre has done B.E(Mechanical), MBA (Finance) and PhD (Finance). Prior to joining LIC Mutual Fund, he has worked with IDBI Capital, Vervene Asset Management, Stewart & Mackertich, Karvy Inst. Equity and Way2wealth, Quantum Securities.
Peer Comparison
| Fund Name | Ratings | AUM | Expense Ratio |
|---|---|---|---|
| PGIM India Balanced Advantage Fund Growth | 1 | 680 CR | 2.52 |
| ITI Balanced Advantage Fund Growth | 2 | 320 CR | 3.25 |
| LIC MF Balanced Advantage Fund Growth | 1 | 653 CR | 2.94 |
| Quant Dynamic Asset Allocation Fund Growth | 0 | 810 CR | 3.04 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundPGIM India Balanced Advantage Fund Growth | -8.801 | 14.6752 |
| This FundITI Balanced Advantage Fund Growth | -8.7262 | 15.9229 |
| This FundLIC MF Balanced Advantage Fund Growth | -5.4054 | 17.1365 |
| This FundQuant Dynamic Asset Allocation Fund Growth | -7.1738 | 33.8213 |
LIC MF Balanced Advantage Fund Growth FAQs
- 1 Month : -4.76%
- 6 Months : -1.84%
- 1 Year : -5.41%
- 3 Years : 5.41%
