LIC MF Balanced Advantage Fund
Dynamic Asset AllocationVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹13.89+0.99%1 day
- Return since launch
- 6.6%
- 52-week range
- ₹12.55 — ₹14.15
- AUM
- ₹653 Cr
LIC MF Balanced Advantage Fund is a Dynamic Asset Allocation hybrid fund from LIC Mutual Fund with ₹653 Cr under management, launched in 2021. Over three years it has returned 4.3% a year, against 9.3% for its category. The expense ratio is 2.86% and the SEBI riskometer reading is Very High.
Performance
LIC MF Balanced Advantage Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +1.5% against +2.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 5.6% | +3.6 pts | 2.1% | 6.1% |
| 2Y | 3.4% | −1.4 pts | 4.7% | 4.8% |
| 3Y | 4.3% | −5.0 pts | 9.3% | 5.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 3.9% | −1.4 pts | 5.3% | 5.3% |
| 3M | -0.7% | −1.1 pts | 0.3% | 0.5% |
| 6M | 5.0% | +0.9 pts | 4.2% | 4.3% |
| 1Y | 1.5% | −0.6 pts | 2.1% | 2.4% |
| 2Y | 2.6% | −0.9 pts | 3.5% | 3.8% |
| 3Y | 7.6% | −1.7 pts | 9.3% | 8.9% |
Since launch (20 Oct 2021): 6.6%
Calendar-year returns
Category average5.4%
13.3%
12.0%
3.2%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 3.2% | −3.4 pts | 6.7% |
| 2024 | 12.0% | −2.2 pts | 14.2% |
| 2023 | 13.3% | −6.7 pts | 20.0% |
| 2022 | 5.4% | +0.3 pts | 5.1% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.91%
Expense ratio as on 7 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 2.05%
- Brokerage
- 0.18%
- Transaction charges
- 0.01%
- Statutory levies
- 0.67%
- Exit load
- Exit load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 50 Hybrid Composite Debt 50:50 Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.09 | 1.25 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.08 | 0.48 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.10 | 0.63 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 9.63 | 10.86 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
LIC MF Balanced Advantage Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity75.7%
- Debt16.4%
- Other7.9%
Market cap split
- Large52.1%
- Mid34.7%
- Small13.2%
- P/E
- 33.07
- P/B
- 5.05
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 7.92% | ₹51.74 Cr | -0.25% | +41.74% | +36.83% |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | 6.35% | ₹41.46 Cr | +7.63% | +7.69% | +6.62% |
| ICICI Bank Ltd. | Financial | 5.38% | ₹35.17 Cr | +4.91% | -0.62% | +3.09% |
| Bajaj Finance Ltd. | Financial | 4.38% | ₹28.63 Cr | +4.26% | +0.37% | — |
| Navin Fluorine International Ltd. | Chemicals | 3.75% | ₹24.49 Cr | +4.15% | — | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.69% | ₹17.59 Cr | +2.63% | -0.83% | -0.37% |
| INDO-MIM Ltd. | Capital Goods | 2.66% | ₹17.39 Cr | — | — | — |
| Larsen & Toubro Ltd. | Construction | 2.46% | ₹16.09 Cr | +2.59% | -0.47% | +2.26% |
| Divi's Laboratories Ltd. | Healthcare | 2.36% | ₹15.39 Cr | +2.03% | +0.19% | — |
| Reliance Industries Ltd. | Energy | 2.29% | ₹14.95 Cr | — | -2.41% | -1.99% |
| AU Small Finance Bank Ltd. | Financial | 2.28% | ₹14.90 Cr | +2.23% | — | — |
| Shriram Finance Ltd | Financial | 2.26% | ₹14.74 Cr | +2.28% | — | +0.56% |
| Solar Industries India Ltd. | Chemicals | 2.22% | ₹14.48 Cr | +2.28% | — | — |
| Info Edge (India) Ltd. | Services | 2.16% | ₹14.12 Cr | — | — | — |
| Multi Commodity Exchange Of India Ltd. | Services | 2.02% | ₹13.20 Cr | +1.04% | — | — |
| Tata Consultancy Services Ltd. | Technology | 2.01% | ₹13.12 Cr | — | -1.96% | -1.95% |
| Coforge Ltd. | Technology | 2.01% | ₹13.12 Cr | +1.44% | — | — |
| Eternal Ltd. | Services | 1.96% | ₹12.80 Cr | +1.55% | — | — |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.95% | ₹12.72 Cr | +1.79% | -0.42% | -0.29% |
| Kei Industries Ltd. | Capital Goods | 1.67% | ₹10.91 Cr | +1.58% | — | — |
| Interglobe Aviation Ltd. | Services | 1.65% | ₹10.81 Cr | +1.70% | +0.65% | +0.68% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 1.65% | ₹10.80 Cr | +1.57% | — | -1.10% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 1.65% | ₹10.76 Cr | +1.74% | — | — |
| Nippon Life India Asset Management Ltd. | Financial | 1.64% | ₹10.70 Cr | +2.26% | — | — |
| Radico Khaitan Ltd. | Consumer Staples | 1.60% | ₹10.48 Cr | +1.61% | — | — |
| Ultratech Cement Ltd. | Materials | 1.59% | ₹10.41 Cr | +1.15% | -0.48% | -0.35% |
| Bharti Telecom Ltd. | Communication | 1.59% | ₹10.41 Cr | +1.50% | +1.53% | — |
| SRF Ltd. | Chemicals | 1.59% | ₹10.36 Cr | +1.94% | -0.60% | -0.50% |
| GOI | Sovereign | 1.57% | ₹10.28 Cr | +1.55% | +1.62% | +1.35% |
| Small Industries Devp. Bank of India Ltd. | Financial | 1.56% | ₹10.19 Cr | +1.48% | — | — |
| Persistent Systems Ltd. | Technology | 1.53% | ₹9.98 Cr | +1.19% | — | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.50% | ₹9.83 Cr | +1.53% | -0.33% | — |
| Hitachi Energy India Ltd. | Capital Goods | 1.50% | ₹9.80 Cr | +1.53% | — | — |
| Thermax Ltd. | Capital Goods | 1.43% | ₹9.33 Cr | +2.07% | — | — |
| Mahindra & Mahindra Ltd. | Automobile | 1.42% | ₹9.26 Cr | +1.41% | +0.98% | +0.53% |
| Kirloskar Oil Engines Ltd. | Capital Goods | 1.41% | ₹9.22 Cr | +2.07% | — | 0.00% |
| Endurance Technologies Ltd. | Automobile | 1.41% | ₹9.20 Cr | +1.35% | +0.22% | — |
| Hindalco Industries Ltd. | Metals & Mining | 1.19% | ₹7.78 Cr | +1.15% | -1.12% | -0.79% |
| Oracle Financial Services Software Ltd. | Technology | 0.99% | ₹6.48 Cr | +0.96% | +0.63% | +0.70% |
| Karur Vysya Bank Ltd. | Financial | 0.97% | ₹6.32 Cr | +0.84% | +0.13% | — |
| JSW Steel Ltd. | Metals & Mining | 0.96% | ₹6.27 Cr | +0.90% | — | — |
| Neuland Laboratories Ltd. | Healthcare | 0.95% | ₹6.19 Cr | +0.79% | — | — |
| National Aluminium Company Ltd. | Metals & Mining | 0.94% | ₹6.14 Cr | — | — | — |
| Eicher Motors Ltd. | Automobile | 0.86% | ₹5.61 Cr | +0.81% | -0.05% | -0.11% |
| Siemens Energy India Ltd. | Energy | 0.86% | ₹5.60 Cr | +0.69% | — | — |
| Indian Railway Finance Corporation Ltd. | Financial | 0.82% | ₹5.34 Cr | +0.78% | — | — |
| SIRCA Paints India Ltd. | Materials | 0.80% | ₹5.20 Cr | — | — | — |
| Schneider Electric Infrastructure Ltd. | Capital Goods | 0.61% | ₹4.01 Cr | — | — | — |
| PB Fintech Ltd. | Services | 0.59% | ₹3.83 Cr | — | — | — |
| Aster DM Quality Care Ltd. | Healthcare | 0.58% | ₹3.76 Cr | — | — | — |
| Quality Power Electrical Equipments Ltd. | Capital Goods | 0.54% | ₹3.55 Cr | +0.80% | — | — |
| Shakti Pumps (India) Ltd. | Capital Goods | 0.54% | ₹3.54 Cr | +1.43% | +1.18% | +1.94% |
| Garware Hi-Tech Films Ltd. | Materials | 0.43% | ₹2.79 Cr | — | +1.33% | +1.21% |
| JK Cement Ltd. | Materials | 0.33% | ₹2.18 Cr | +0.34% | +0.33% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Reliance Industries Ltd. | 0.00% | 2.29% | +2.29% |
| Others | 0.15% | 2.39% | +2.25% |
| GOI | 3.67% | 1.57% | -2.10% |
| Jamnagar Utilities and Power Pvt. Ltd. | 7.46% | 6.35% | -1.12% |
| INDO-MIM Ltd. | 1.76% | 2.66% | +0.90% |
| company:5721 | 0.71% | 0.00% | -0.71% |
| Shakti Pumps (India) Ltd. | 0.98% | 0.54% | -0.44% |
| Kirloskar Oil Engines Ltd. | 1.81% | 1.41% | -0.40% |
| PB Fintech Ltd. | 0.97% | 0.59% | -0.38% |
| Kei Industries Ltd. | 2.02% | 1.67% | -0.35% |
| Radico Khaitan Ltd. | 1.80% | 1.60% | -0.20% |
| Tata Consultancy Services Ltd. | 2.21% | 2.01% | -0.20% |
| SML Mahindra Ltd. | 0.20% | 0.00% | -0.20% |
| Solar Industries India Ltd. | 2.41% | 2.22% | -0.20% |
| SIRCA Paints India Ltd. | 0.98% | 0.80% | -0.18% |
| ICICI Bank Ltd. | 5.56% | 5.38% | -0.18% |
| Shriram Finance Ltd | 2.39% | 2.26% | -0.14% |
| Coforge Ltd. | 2.14% | 2.01% | -0.13% |
| Quality Power Electrical Equipments Ltd. | 0.67% | 0.54% | -0.12% |
| Thermax Ltd. | 1.54% | 1.43% | -0.11% |
| Oracle Financial Services Software Ltd. | 1.10% | 0.99% | -0.11% |
| Bharti Telecom Ltd. | 1.49% | 1.59% | +0.10% |
| Divi's Laboratories Ltd. | 2.25% | 2.36% | +0.10% |
| Small Industries Devp. Bank of India Ltd. | 1.46% | 1.56% | +0.10% |
| Bajaj Finance Ltd. | 2.21% | 2.13% | -0.07% |
| Eternal Ltd. | 1.89% | 1.96% | +0.07% |
| Sun Pharmaceutical Industries Ltd. | 2.76% | 2.69% | -0.07% |
| Multi Commodity Exchange Of India Ltd. | 1.95% | 2.02% | +0.07% |
| Mahindra & Mahindra Ltd. | 1.48% | 1.42% | -0.06% |
| Hitachi Energy India Ltd. | 1.55% | 1.50% | -0.05% |
| Indian Railway Finance Corporation Ltd. | 0.77% | 0.82% | +0.05% |
| National Aluminium Company Ltd. | 0.99% | 0.94% | -0.05% |
| Nippon Life India Asset Management Ltd. | 1.68% | 1.64% | -0.05% |
| Siemens Energy India Ltd. | 0.81% | 0.86% | +0.04% |
| Navin Fluorine International Ltd. | 3.70% | 3.75% | +0.04% |
| SRF Ltd. | 1.54% | 1.59% | +0.04% |
| Eicher Motors Ltd. | 0.90% | 0.86% | -0.04% |
| Apollo Hospitals Enterprise Ltd. | 1.54% | 1.50% | -0.04% |
| Schneider Electric Infrastructure Ltd. | 0.58% | 0.61% | +0.03% |
| Ultratech Cement Ltd. | 1.56% | 1.59% | +0.03% |
| Larsen & Toubro Ltd. | 2.49% | 2.46% | -0.03% |
| Info Edge (India) Ltd. | 2.18% | 2.16% | -0.02% |
| Interglobe Aviation Ltd. | 1.63% | 1.65% | +0.02% |
| AU Small Finance Bank Ltd. | 2.30% | 2.28% | -0.02% |
| Endurance Technologies Ltd. | 1.43% | 1.41% | -0.02% |
| JSW Steel Ltd. | 0.94% | 0.96% | +0.02% |
| Garware Hi-Tech Films Ltd. | 0.41% | 0.43% | +0.02% |
| Torrent Pharmaceuticals Ltd. | 1.93% | 1.95% | +0.02% |
| JK Cement Ltd. | 0.32% | 0.33% | +0.02% |
| Hindalco Industries Ltd. | 1.21% | 1.19% | -0.02% |
| CG Power and Industrial Solutions Ltd. | 1.66% | 1.65% | -0.01% |
| Neuland Laboratories Ltd. | 0.96% | 0.95% | -0.01% |
| Aster DM Quality Care Ltd. | 0.59% | 0.58% | -0.01% |
| Persistent Systems Ltd. | 1.52% | 1.53% | +0.01% |
| Karur Vysya Bank Ltd. | 0.97% | 0.97% | 0.00% |
| Bharat Heavy Electricals Ltd. | 1.65% | 1.65% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹18,271 Cr | 2.11% | 7.3% | 6.9% | 10.2% |
 ICICI Prudential Balanced Advantage Fund | ₹71,892 Cr | 1.52% | 8.8% | 8.6% | 10.5% |
 Aditya Birla Sun Life Balanced Advantage Fund | ₹9,847 Cr | 1.96% | 10.5% | 8.9% | 10.5% |
 Baroda BNP Paribas Balanced Advantage Fund | ₹5,162 Cr | 2.04% | 7.8% | 7.7% | 10.4% |
 Axis Balanced Advantage Fund | ₹3,643 Cr | 2.18% | 7.4% | 6.8% | 9.7% |
 Quant Dynamic Asset Allocation Fund | ₹810 Cr | 2.84% | 2.0% | 2.5% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
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.
Fund managers
- Rahul SinghMr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).
- Siddharth PanjwaniCFA Institute, USA, MBA - Carnegie Mellon University, B.E., Computer SciencePrior to joining the LIC AMC, he was associated with People Hum Technologies Pvt Ltd, Engati Technologies Pvt Ltd, PiMonk Tech Pvt Ltd, Quinbay Technologies Pvt Ltd, Pickright Technologies Pvt Ltd, Quintessential Investment Advisors LLP and Lazard Asset Management.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months5.05% absolute | ₹60,000 | ₹63,030 | 5.05% | |
| 1 year1.49% annualised | ₹1,20,000 | ₹1,20,973 | 0.81% | |
| 3 years7.56% annualised | ₹3,60,000 | ₹4,05,214 | 12.56% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of LIC MF Balanced Advantage Fund?
The NAV of LIC MF Balanced Advantage Fund is ₹13.89 as on 9 Nov 2026.
What is the expense ratio of LIC MF Balanced Advantage Fund?
The expense ratio of LIC MF Balanced Advantage Fund is 2.86% per year.
What is the minimum SIP amount for LIC MF Balanced Advantage Fund?
You can start a SIP in LIC MF Balanced Advantage Fund with ₹3,000 a month.
Is there a lock-in or exit load on LIC MF Balanced Advantage Fund?
Lock-in: None. Exit load: Exit load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months..
How risky is LIC MF Balanced Advantage Fund?
LIC MF Balanced Advantage Fund is rated Very High on the SEBI riskometer and belongs to the Dynamic Asset Allocation category.
Which fund house manages LIC MF Balanced Advantage Fund?
LIC MF Balanced Advantage Fund is managed by LIC Mutual Fund, which runs 33 schemes with ₹50,860 Cr under management.