LIC MF Balanced Advantage Fund Regular Growth

• Alpha 0.00%
• Beta 0.00
• Sharpe Ratio0.38
• Std Deviation 7.50%
• Tracking Error 0.00%

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. However, there is no assurance or guarantee that the investment objective of the Scheme will be realized.

The LIC MF Balanced Advantage Fund Regular Growth has an AUM of 741.70 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 1.00% and an expense ratio of 2.31%. The minimum investment in LIC MF Balanced Advantage Fund Regular Growth is Rs 5000 and the minimum SIP is Rs 200.

As per morningstar the risk & return rating of the fund are Moderate & Good respectively.

The top holdings of the fund include Cash Offset For Derivatives, HDFC Bank, Jamnagar Utilities & Power Private Limited & Godrej Finance Limited.

The major sectors where the fund is invested are Regional Banks, Software & Programming, Construction Services & Oil & Gas Operations.

Some of the similar funds are ITI Balanced Advantage Fund Regular Growth, Mahindra Manulife Balanced Advantage Fund Regular Growth, Motilal Oswal Balance Advantage Fund Regular Plan Growth Option, LIC MF Balanced Advantage Fund Regular Growth, Helios Balanced Advantage Fund Regular Growth. LIC MF Balanced Advantage Fund Regular Growth has a sharpe ratio of 0.38 & a standard deviation of 7.50%.