LIC MF Balanced Advantage Fund Direct Growth

LIC MF Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by LIC Mutual Fund. This scheme was made available to investors on 20 Apr 1994. Yogesh Patil is the Current Fund Manager of LIC MF Balanced Advantage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹31,112 Cr and the Latest NAV as of 24 May 2024 is ₹12.90. The LIC MF Balanced Advantage Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹1,000. For units in excess of 12% of the investment,1% will be charged for redemption within 3 months. ;

Investment Objective

The scheme seeks 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. ;