A managed mix of asset classes or strategies
The investment objective of the scheme is 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. There is no assurance that the investment objective of the Scheme will be achieved.
Investors who understand that the risk depends on the scheme's actual equity, debt and derivative mix.
Market, credit, interest-rate and allocation risk can operate together.
How the money may be invested
Under normal circumstances, the asset allocation of the Scheme would be as follows: Equities and equity related instruments**:0-100% of the total assets, Debt & Money Market Instruments (including Triparty Repo): 0-100% of the total assets, Please refer the Scheme Information Document for complete details.
- SEBI category
- Dynamic Assset Allocation/Balanced Advantage
- Fund type
- An Open Ended Dynamic Asset Allocation Fund
- Primary benchmark
- NIFTY 50 Hybrid Composite Debt 50:50 Index
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- FM-1-Manoj Bajpai, FM-2- Rahul Singh
- Manager tenure on this scheme
- Since FM -1-Managing since 1st July 2026, FM -2-Managing since 12th November 2021
- Role / co-management
- FM -1-Fund Manager - Equity, FM -2-Fund Manager - Debt
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| LIC MF Balanced Advantage Fund - Direct Plan - Growth | ₹15.0951 | 04 Sep 2026 |
| LIC MF Balanced Advantage Fund - Direct Plan - IDCW | ₹12.9588 | 04 Sep 2026 |
| LIC MF Balanced Advantage Fund - Regular Plan - Growth | ₹13.9586 | 04 Sep 2026 |
| LIC MF Balanced Advantage Fund - Regular Plan - IDCW | ₹12.1100 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 2.34%, Direct 0.91%
- 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
- Minimum application
- 5000 · multiples of 1
- SIP frequency
- SIP Details - Daily, Weekly,Monthly, Quarterly | SWP Details - Monthly, Quarterly ,Half Yearly,Yearly | STP Details - Daily, Weekly, Monthly, Quarterly
- Minimum SIP amount
- SIP Details - 100,150, 200, 1000 |SWP Details - 500,500,500,500 | STP Details - 100, 500, 500, 500
- Minimum instalments
- SIP Details - 60,40,30,6 | SWP Details - 6,4,4,4 | STP : 60,12,12,12
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.