LIC MF Balanced Advantage Fund

Q: What are the returns of this mutual fund scheme?

The LIC MF Balanced Advantage Fund is a 4 yrs old fund and has delivered average annual returns of 8.59% since inception. LIC MF Balanced Advantage Fund Returns 1-Year 3-Year Since Inception 6.27% 10.41% 8.59%

Q: How much does this mutual fund charge as expense ratio?

The LIC MF Balanced Advantage Fund has an expense ratio of 2.28% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹13.825+0.27% 1 day change	8.59% p.a.	App exclusive #NA View Ranked Funds	₹804 Cr

Historical NAV & returns

NAV: ₹13.825 as on Oct 20, 2025

This fund Category average

LIC MF Balanced Advantage Fund overview

AUM (Fund size)	₹804 Cr
Exit load	1.0% Exit load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.!
Lock-in Period	Nil
Age	4 yrs since Oct 20, 2021
Benchmark	NIFTY 50 Hybrid Composite Debt 50:50 Index
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	2.28% as on Sep 30, 2025
Plan type	Regular
Risk	Very High

LIC MF Balanced Advantage Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 17, 2025

Period	This fund	Category average
1 Month	2.08%	2.11%
3 Months	0.73%	2.3%
6 Months	4.29%	6.06%
1 Year	6.27%	5.89%
2 Years	12.07%	14.34%
3 Years	10.41%	12.61%

Asset allocationas on Sep 30, 2025

Large Cap 37.09%

Mid Cap 8.82%

Small Cap 11.33%

Other Cap 0%

Top holdings

HDFC Bank Ltd.7.53%

Reliance Industries Ltd.3.93%

Tata Consultancy Services Ltd.3.67%

ICICI Bank Ltd.3.09%

Top sectors

Financial 24.14%

Technology 10.05%

Capital Goods 6.819999999999999%

Energy 6.540000000000001%

Cash 18.41542803%

SOV 14.80116046%

AAA 6.62290492%

Cash & Call Money 2.92046617%

Top Debt Holdings

GOI 14.81%

Jamnagar Utilities and Power Pvt. Ltd. 6.62%

Allocation by Instruments

Cash Margin 18.41542803%

GOI Securities 14.80116046%

Debenture 6.62290492%

Repo 2.63355261%

Other Holdings

Others 0.29%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
LIC MF Balanced Advantage Fund	2.08%	4.29%	6.27%	10.41%	N.A.	N.A.
ICICI Prudential Balanced Advantage Fund	2.09%	7.76%	10.3%	13.59%	14.75%	11.22%
Franklin India Dynamic Asset Allocation Active FoF	1.71%	4.91%	6.0%	13.46%	18.46%	10.2%
Tata Balanced Advantage Fund	2.22%	5.3%	4.9%	11.27%	12.72%	7.62%
Nippon India Balanced Advantage Fund	1.56%	5.9%	7.11%	12.69%	13.88%	10.42%
Axis Balanced Advantage Fund	2.63%	5.04%	6.55%	14.41%	13.13%	7.86%

Fund name	Std. deviation	Beta	Sharpe	Sortino
LIC MF Balanced Advantage Fund	7.6	0.75	0.47	0.71
ICICI Prudential Balanced Advantage Fund	5.46	0.55	1.16	1.69
Franklin India Dynamic Asset Allocation Active FoF	6.43	0.63	1.02	1.55
Tata Balanced Advantage Fund	6.51	0.67	0.64	0.97
Nippon India Balanced Advantage Fund	6.93	0.72	0.81	1.21
Axis Balanced Advantage Fund	7.44	0.74	0.93	1.48

Fund name	ETM Rank	AUM	Fund age	Expense ratio
LIC MF Balanced Advantage Fund	N.A.	804 Cr	4 yrs	2.28%
ICICI Prudential Balanced Advantage Fund	N.A.	66,751 Cr	18 yrs 11 m	1.44%
Franklin India Dynamic Asset Allocation Active FoF	N.A.	1,285 Cr	22 yrs	2.08%
Tata Balanced Advantage Fund	N.A.	9,749 Cr	6 yrs 9 m	1.72%
Nippon India Balanced Advantage Fund	N.A.	9,480 Cr	21 yrs	1.75%
Axis Balanced Advantage Fund	N.A.	3,591 Cr	8 yrs 3 m	1.92%

View all Dynamic Asset Allocation funds

Key risk & return ratios Compared to other funds in the category

Alpha	-1.35 vs. 3.23 Underperformed at beating benchmark
Sharpe	0.47 vs. 3.06 Poor risk-adjusted returns
Beta	0.75 vs. 0.66 More sensitive to market's ups & downs
Standard deviation	7.6 vs. 5.56 More volatile performance

Compare LIC MF Balanced Advantage Fund in detail with

About this fund

About LIC MF Balanced Advantage Fund

LIC MF Balanced Advantage Fund is a Dynamic Asset Allocation mutual fund scheme from Lic Mutual Fund. This fund has been in existence for 4 yrs, having been launched on 20/10/2021. LIC MF Balanced Advantage Fund has ₹804 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of LIC MF Balanced Advantage Fund as of 20/10/2025 is ₹13.82. The fund has an expense ratio of 2.28%, which is higher than what most other Dynamic Asset Allocation funds charge. Currently, the fund has a 57.24% allocation to equity and 21.42% to Debt.

LIC MF Balanced Advantage Fund returns of last 1-year are 4.18%. Since launch, it has delivered 8.57% average annual returns.
LIC MF Balanced Advantage Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund's equity portion is primarily invested in Financial, Technology, Capital Goods, Energy, Healthcare sectors. It has taken less exposure in Financial, Technology sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in GOI, HDFC Bank Ltd., Jamnagar Utilities and Power Pvt. Ltd., Reliance Industries Ltd., Tata Consultancy Services Ltd..

...

Fund AUM	804 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Yogesh Patil

Mr. Patil is an MBA (Finance). Prior to joining LIC Mutual Fund, he has worked with Canara Robeco Mutual Fund, Sahara Mutual Fund and Religare Enterprise Limited.

Rahul Singh

Mr. 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).

Jaiprakash Toshniwal

Mr. Toshniwal is a CFA - CFA Institute, USA. MS Finance (CFA) - ICFAI, India. B.com - Gujarat University. Prior to joining LIC Mutual Fund Asset Management Ltd., he has worked with India First Life Insurance and Taurus Mutual Fund.

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.

LIC Mutual Fund details

No. of schemes	30 view all schemes
Total AUM	41,742 Cr as on Sep 30, 2025
Address	Industrial Assurance Building Ground Floor, Opp. Churchgate Station Mumbai, 400020
Email	br.mumbai@licmf.com
Phone	022-66016177 / 022-66016178

More funds from LIC Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
LIC MF Aggressive Hybrid Fund	N.A.	522 Cr	6.59%	13.67%
LIC MF Conservative Hybrid Fund	N.A.	49 Cr	4.88%	6.29%
LIC MF Arbitrage Fund	N.A.	225 Cr	6.12%	5.28%
LIC MF Multi Asset Allocation Fund	N.A.	731 Cr	N.A.	N.A.

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of LIC MF Balanced Advantage Fund?

The current Net Asset Value (NAV) of the LIC MF Balanced Advantage Fund plan is approximately ₹13.825 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The LIC MF Balanced Advantage Fund is a 4 yrs old fund and has delivered average annual returns of 8.59% since inception.

LIC MF Balanced Advantage Fund Returns

1-Year	3-Year	Since Inception
6.27%	10.41%	8.59%

How much does this mutual fund charge as expense ratio?

The LIC MF Balanced Advantage Fund has an expense ratio of 2.28%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The LIC MF Balanced Advantage Fund currently has assets under management (AUM) or fund size valued at approximately 804 Cr as on Sep 30, 2025.

What are the top stock holdings of LIC MF Balanced Advantage Fund?

The LIC MF Balanced Advantage Fund's equity portion has been invested in the stocks of the following companies

Company	Percentage of Portfolio
HDFC Bank Ltd.	7.53%
Reliance Industries Ltd.	3.93%
Tata Consultancy Services Ltd.	3.67%
ICICI Bank Ltd.	3.09%
State Bank of India	2.89%
Kotak Mahindra Bank Ltd.	2.65%
Infosys Ltd.	2.3%
Larsen & Toubro Ltd.	2.26%
Axis Bank Ltd.	2.01%
Shakti Pumps (India) Ltd.	1.94%

What are the top sectors LIC MF Balanced Advantage Fund has invested in?

The LIC MF Balanced Advantage Fund's equity portion is primarily invested in the following sectors -

Sector	Percentage of Portfolio
Financial	24.14%
Technology	10.05%
Capital Goods	6.819999999999999%
Energy	6.540000000000001%
Healthcare	4.62%
Consumer Staples	3.6900000000000004%
Construction	3.4499999999999997%
Materials	3.3299999999999996%
Communication	3.2199999999999998%
Automobile	2.88%

To whom does LIC MF Balanced Advantage Fund lend to?

The top 3 debt holdings of LIC MF Balanced Advantage Fund are as follows

Holding Name	Percentage of Portfolio
GOI	14.81%
Jamnagar Utilities and Power Pvt. Ltd.	6.62%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The LIC MF Balanced Advantage Fund's debt portion's allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash	18.41542803%
SOV	14.80116046%
AAA	6.62290492%

What is risk level of LIC MF Balanced Advantage Fund?

This is a Dynamic Asset Allocation fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in LIC MF Balanced Advantage Fund?

Redeeming your investments in the LIC MF Balanced Advantage Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Dynamic Asset Allocation

#NA

Return Outperformance: This fund has generated highest return amongst Dynamic Asset Allocation funds in the last 1 Year.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.