Hybrid · Dynamic Asset Allocation or Balanced Advantage

LIC MF Balanced Advantage Fund

LIC Mutual Fund

Benchmark

NIFTY 50 Hybrid Composite Debt 50:50 Index

Riskometer

Very High

Size

₹652 cr

Allotted

12 Nov 2021

Holdings as of

Not on record

LIC MF Balanced Advantage Fund is a dynamic asset allocation or balanced advantage fund of LIC Mutual Fund with ₹652 cr under management. It is ahead of its benchmark (NIFTY 50 Hybrid Composite Debt 50:50 Index) in 2 of 2 periods. Its direct plan charges 1.43% a year.

Debt and hybrid funds: the company-level sections (scorecard, companies inside, how it is run, nearest index) are not shown. Mix, returns, costs and managers only.

What is LIC MF Balanced Advantage Fund invested in?

Mix not on record

Has LIC MF Balanced Advantage Fund beaten its benchmark?

Ahead of its benchmark, NIFTY 50 Hybrid Composite Debt 50:50 Index, in 2 of 2 periods in AMFI's figures; −0.37% over the last year against −4.16%.

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (NIFTY 50 Hybrid Composite Debt 50:50 Index) in 2 of 2 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	−0.37%	−1.79%	−4.16%	+3.79	🔒
3y	+7.81%	+6.17%	+5.99%	+1.82	🔒
5y	—	—	—	—	—
10y	—	—	—	—	—

Ahead in points a year · its rank among Dynamic Asset Allocation or Balanced Advantage funds, and how steady the lead is, in the app

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does LIC MF Balanced Advantage Fund cost?

1.43% a year on the direct plan, 2.85% on the regular plan; 17 of 22 funds in its category charge less.

Direct plan

1.43% a year

Category median 1.04%

Regular plan

2.85% a year

Category median 2.24%

Gap

1.42 points

for the same holdings

17 of 22 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Hybrid Scheme - Dynamic Asset Allocation or Balanced Advantage

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages LIC MF Balanced Advantage Fund?

Mahesh Bendre, since None.

Mahesh Bendre

None years

since None

Benchmark as filedNIFTY 50 Hybrid Composite Debt 50:50 Index

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

From 2 Scheme Summary Documents filed with NSE, first on 31 Aug 2026; as on 6 Sep 2026

Questions people ask

Who manages LIC MF Balanced Advantage Fund?

Mahesh Bendre (manager) since None.

What is the expense ratio of LIC MF Balanced Advantage Fund?

1.43% a year on the direct plan and 2.85% on the regular plan (expense report, Oct 2026).

How has LIC MF Balanced Advantage Fund done?

Its direct plan returned +7.81% a year over 3 years against +5.99% for its benchmark, NIFTY 50 Hybrid Composite Debt 50:50 Index, as of 13 Oct 2026.