LIC MF Balanced Advantage Fund
An Open Ended Dynamic Asset Allocation Fund
The investment objective of the scheme is to provide capital appreciation/ income to the investor 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. However, there is no assurance or guarantee that the investment objective of the Scheme will be realized.
- Investors looking for long term wealth creations.
- Circle-imgInvestors looking for diversification of investments.
- Circle-imgInvestors who are looking for product with lower volatility than the pure equity product.
- Circle-imgInvestors who are uncomfortable buying stocks at extremely high valuations.
This product is suitable for investors who are seeking.
- Capital appreciation over a long period of time.
- Investments in a dynamically managed portfolio of equity and equity related instruments,debt and money market instruments.
- Risk - Moderately High.
Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Top holding where the fund has invested ( As on 31-Oct-2023 )
Government Bond11.95 %
HDFC Bank Ltd.11.27 %
ICICI Bank Ltd.7.88 %
Reliance Industries Ltd.5.17 %
State Bank of India4.97 %
Infosys Ltd.3.79 %
ITC Ltd.3.48 %
Tata Capital Housing Finance Ltd.3.44 %
Tata Consultancy Services Ltd.2.86 %
Mahindra & Mahindra Ltd.2.85 %
Cash & Cash Equivalent:9.15 %
- Inception : 12/11/2021
- Entry Load : Nil
- Exit Load : 12% of the units all ...more
WHY CHOOSE LIC MF BALANCED ADVANTAGE FUND?
WHO SHOULD INVEST?
How does the fund work?
Where will the fund invest?
The corpus of the Scheme shall be invested in any (but not exclusively) of the following securities:
How do we invest?
Deciding the asset allocation – We input various parameters such as interest rate, future earnings yield and price to earnings ratio in our model. The model output is the net equity exposure, basis on which we calculate the mix between net equity exposure, arbitrage and debt.
Stock / security selection – We select stocks based on our internal research and investment framework. The portfolio is constructed keeping in mind the investment objective of the fund.
Rebalance of Asset allocation – We rebalance the asset allocation based on the model output.
Rebalance of portfolio – The stock selection is on the discretion of the Fund manager. Fund Manager looks into various aspects of business environments including valuations and other parameter while rebalancing the portfolio with an objective of optimizing the returns.