LIC MF Balanced Advantage Fund-Regular Plan-Growth

Fund House: LIC Mutual Fund
Category: Hybrid: Dynamic Asset Allocation
Launch Date: 12-11-2021
Asset Class:
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Expense Ratio: 2.14% As on (31-12-2022)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 500.0
Total Assets: 1,092.3 Cr As on (31-12-2022)
Turn over: - | Exit Load: For units in excess of 12% of the investment,1% will be charged for redemption within 90 days

10.3898

3.05%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
There is no value for 2x
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

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.

Current Asset Allocation (%)

Indicators

Standard Deviation
Sharpe Ratio
Alpha
Beta
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
LIC MF Balanced Advantage Fund-Regular Plan-Growth 12-11-2021 3.06 - - - -
BANK OF INDIA BALANCED ADVANTAGE FUND REGULAR PLAN GROWTH 14-03-2014 11.8 8.8 8.84 4.58 -
HDFC Balanced Advantage Fund - Growth Plan 15-09-2000 11.28 18.23 17.29 11.04 12.81
ICICI Prudential Balanced Advantage Fund - Growth 01-12-2006 5.51 9.59 11.18 9.59 11.72
SBI Balanced Advantage Fund - Regular Plan - Growth 05-08-2021 5.0 - - - -
Kotak Balanced Advantage Fund -Regular Plan - Growth Option 05-07-2018 3.73 7.72 9.95 - -
Tata Balanced Advantage Fund-Regular Plan-Growth 05-01-2019 3.39 8.78 11.84 - -
Nippon India Balanced Advantage Fund-Growth Plan-Growth Option 05-11-2004 3.01 8.73 9.84 7.6 10.91
Union Balanced Advantage Fund - Regular Plan - Growth Option 21-12-2017 2.27 4.87 11.11 9.2 -
Aditya Birla Sun Life Balanced Advantage Fund - Regular Plan - Growth Option 25-04-2000 2.11 7.47 10.3 8.23 10.56

Scheme Characteristics

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

30.53%

Large Cap

69.47%

Scheme Documents

There are no scheme documents available

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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