LIC MF Balanced Advantage Fund Regular - Growth

LIC MF Balanced Advantage Fund Regular - Investment Information

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₹13.1 (0.9%)
Current NAV 22-11-2024
16.48%
Returns
Min. SIP ₹1000

Min. Investment ₹5000

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Overview Returns Risk Portfolio Investment Details

Fund Suitability Test

Basic Details

Key Information About Investing Details.

CategoryDynamic Asset Allocation
KRAKARVY
Inv. PlanGrowth
Launched In05-Nov-21
BenchmarkNIFTY 50 Hybrid Composite debt 50:50 Index
Fund TypeOpen-ended
Fund HouseLIC Mutual Fund

Investment Details

Check the Fund’s General Information

Fund size881.96 Cr.
Min. Investment₹ 5000
Min. Sip Inv.₹ 1000
Min. Addl Inv.₹ 500
Expense Ratio2.21%
Turn over%
Exit LoadExit load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months.

Fund Managers

Details of Managers and their Experience

Yogesh Patil

Fund Manage : 7

Total AUM. : ₹5,898 Cr.

Rahul Singh

Fund Manage : 9

Total AUM. : ₹19,760 Cr.

Jaiprakash Toshniwal

Fund Manage : 3

Total AUM. : ₹2,153 Cr.

AMC Office Information

Registered Office of Mutual Fund Company

AMCLIC Mutual Fund
Emailcs.co@licmf.com
Office No022-66016000
Websitehttps://www.licmf.com
Address4TH FLOOR, INDUSTRIAL INSURANCE BUILDING, OPP. CHURCHGATE STATION MUMBAI 400020

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Frequently Asked Questions

What is a mutual fund?

In simple words, a fund is an investor’s safety deposit much like in earlier times when people used to store their savings into a bag of rice, in today’s times that bag has come with a new name that is the Mutual Fund.

What are the benefits of investing in funds?

Investing allows us with an opportunity to earn higher returns on our investment with minimal risks. It grows the capital invested in the long-term and provides a systematic way to secure one’s future.

Do mutual funds generate income?

Investing in funds is a great way to build capital. Long-term investments have proven to be a successful tool to create generational wealth. Deep analysis of the market and risk tolerance can help investors to earn good returns and generate income as well.

How many types of mutual funds are there?

There are several types of funds such as: • Equity funds, primary investment in stocks and equity shares. Subcategories include large-cap, mid-cap, small-cap funds. • Debt funds • Money market funds • Hybrid funds • Specialized funds

Who gets your money in mutual funds?

The income generated on the funds is the interest gained on the invested amount which is fairly distributed among the investors.