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Showing Funds Performance since Sep 07, 2020
Fund Overview
Min. investment
SIP ₹200 & Lump. ₹5000
AUM (Fund size)
₹653 Cr
Lock In Period
N/A
Expense Ratio
2.42
Benchmark
Nifty 50 Total Returns Index
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.
Summary
Latest details for LIC MF Balanced Advantage Fund Growth include a ₹13.3225 NAV as of Apr 22,2026 and returns since inception of 28.38%. Minimum investments start at SIP ₹200. The LIC MF Balanced Advantage Fund Growth AUM is ₹653 Cr, with a lock-in of N/A years, expense ratio of 2.42%, and benchmark Nifty 50 Total Returns Index. Exit load is - 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.. In the growth review for 1M Month/Year, the fund recorded 3.95% returns, against a category average of -1.23% and a category best of 126.76%.
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Growth Review
| Duration | Fund Return(%) | Category Average(%) | Category Best(%) |
|---|---|---|---|
| 1M | 3.95 | -1.23 | 126.76 |
| 6M | -3.41 | 0.45 | 126.76 |
| 1Y | -0.02 | 3.05 | 126.76 |
| 3Y | 8.68 | 9.55 | 126.76 |
Portfolio Analysis
- Equity: 71.95%
- Debt: 28.05%
- Others
As on: 2026-03-31
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About Fund
LIC MF Balanced Advantage Fund Growth managed by LIC Mutual Fund,is a Equity - Hybridscheme 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 2.42. Under the expert guidance of Sudhanshu Asthana ,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
Sudhanshu Asthana
Mr. Sudhanshu holds M.A in Economics from Mumbai University and Diploma in Investment Management from NMIMS. He has over Over 13 years experience as an equity fund manager. His prior assignments includes Barclays Wealth India and SBI Fund Management.
Peer Comparison
| Fund Name | Ratings | AUM | Expense Ratio |
|---|---|---|---|
| This FundMahindra Manulife Arbitrage Fund Growth | 0 | 105.8 CR | 1.12 |
| This FundNJ Arbitrage Fund Growth | 1 | 269.85 CR | 1 |
| This FundMirae Asset Arbitrage Fund Growth | 3 | 3474.23 CR | 0.93 |
| This FundLIC MF Balanced Advantage Fund Growth | 1 | 652.81 CR | 2.42 |
| Fund Name | 1Y | 3Y |
|---|---|---|
| This FundMahindra Manulife Arbitrage Fund Growth | 5.2395 | 18.2322 |
| This FundNJ Arbitrage Fund Growth | 5.3618 | 20.2101 |
| This FundMirae Asset Arbitrage Fund Growth | 5.7431 | 21.8585 |
| This FundLIC MF Balanced Advantage Fund Growth | -0.0187 | 28.3807 |
FAQs
LIC MF Balanced Advantage Fund Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.
The expense ratio of LIC MF Balanced Advantage Fund Growth is 2.42. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.
LIC MF Balanced Advantage Fund Growth’s fund performance is as follows:
- 1 Month : 3.95%
- 6 Months : -3.41%
- 1 Year : -0.02%
- 3 Years : 8.68%
You can invest in LIC MF Balanced Advantage Fund Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.
The fund size (AUM) of LIC MF Balanced Advantage Fund Growth is ₹653 crore. It changes based on market performance, inflows, and outflows.
You can track your investment in LIC MF Balanced Advantage Fund Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500