Fund Performance
Lumpsum
SIP
11.76
as on 29 Mar 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,968 today.
NAV Performance
Fund Information
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₹ 31.158
as on 29 Mar 2023 -
Regular - Growth
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13 / 22
-
₹ 5,000
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₹ 2,114 Cr.
as on 31 Dec 2021 -
2.1%
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07 Feb 2011
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Nifty 50
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L&T Mutual Fund
Show All Funds
Highlights of this fund
L&T Balanced Advantage Fund is an Open-ended Hybrid Fund. The fund belongs to Dynamic Asset Allocation or Balanced Advantage category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 07 Feb 2011. This fund is offered by one of the top AMC (Assets Management Company) L&T Mutual Fund. You can also view here all other Hybrid funds offered by L&T Mutual Fund.
Latest NAV of the fund is ₹ 31.158 as on 29 Mar 2023.
This fund has 12 years of track record. Since 30 Nov 2021 expense ratio of this fund is 2.1%. Ideally you shoulds compare this fund with the benchmark Nifty 50.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
To seek to generate long term capital appreciation from a diversified portfolio of equity and equity related securities and to generate reasonable returns by investing in a portfolio of debt and money market instruments and arbitrage opportunities in the cash and derivatives segments of the equity markets.
List of Fund Managers of L&T Balanced Advantage Fund
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About Cheenu Gupta
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About Venugopal M
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About Praveen Ayathan
B.Sc (Mathematics)
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About Jalpan Shah
Jalpan Shah is a Portfolio Manager – Fixed Income - at L&T Investment Management with over 15 years of experience in the fixed income markets in India. He is the co-portfolio manager for L&T Liquid Fund, L&T Ultra Short Term Fund, L&T Short Term Bond Fund, L&T Flexi Bond Fund, L&T Gilt Fund, L&T Banking & PSU Debt Fund, L&T Cash Fund, L&T Triple Ace Bond Fund and L&T Money Market Fund. Jalpan also manages the debt portion of L&T Conservative Hybrid Fund, L&T Dynamic Equity Fund and L&T Equity Savings Fund.Prior to joining L&T Investment Management, he was an Associate Fixed Income Trader at Fidelity International and was also associated with UTI Mutual Fund as a Research Analyst.Jalpan holds a post graduate degree in Management from T A Pai Management Institute and a Mechanical Engineering degree from Sardar Patel University B.E. (Mechanical), PGDM.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately High Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 1.04% | 3.92% | 6.56% | 25.12% | 17.14% | 29.28% | 12.41% | 13.84% | 10.21% | 12.73% | 20.17% | 15.64% | 13.60% |
| Category Average | -0.77% | -2.19% | 1.35% | 4.22% | 6.64% | 14.26% | 7.45% | 11.25% | 0.84% | 2.60% | 7.19% | 7.67% | 9.44% |
| L&T Balanced Advantage Fund | -0.34%₹ 9,965 | -1.24%₹ 9,875 | 1.45%₹ 10,144 | 1.83%₹ 10,182 | 1.63%₹ 12,105 | 4.25%₹ 10,872 | 1.92%₹ 24,480 | 11.76%₹ 13,968 | 4.91%₹ 38,784 | 6.50%₹ 13,704 | 6.08%₹ 69,956 | 10.70%₹ 27,668 | 7.63%₹ 1,77,765 |
| Edelweiss Balanced Advantage Fund | -0.66%₹ 9,933 | -2.29%₹ 9,771 | 1.36%₹ 10,135 | 1.76%₹ 10,175 | 1.00%₹ 12,064 | 7.22%₹ 11,503 | 2.48%₹ 24,619 | 17.33%₹ 16,166 | 8.58%₹ 40,960 | 10.28%₹ 16,321 | 10.34%₹ 77,797 | 11.03%₹ 28,484 | 10.18%₹ 2,03,354 |
| ICICI Prudential Balanced Advantage Fund | -0.55%₹ 9,944 | -1.77%₹ 9,822 | 1.96%₹ 10,195 | 5.49%₹ 10,549 | 3.39%₹ 12,218 | 8.72%₹ 11,827 | 5.63%₹ 25,416 | 19.35%₹ 17,017 | 10.56%₹ 42,167 | 9.45%₹ 15,717 | 10.34%₹ 77,804 | 12.09%₹ 31,330 | 10.50%₹ 2,06,803 |
| Aditya Birla Sun Life Balanced Advantage Fund | -0.64%₹ 9,935 | -2.55%₹ 9,744 | 1.35%₹ 10,135 | 2.86%₹ 10,286 | 1.52%₹ 12,098 | 6.66%₹ 11,383 | 2.71%₹ 24,677 | 17.37%₹ 16,183 | 8.17%₹ 40,717 | 8.28%₹ 14,891 | 8.74%₹ 74,765 | - | - |
| HDFC Balanced Advantage Fund | 0.31%₹ 10,030 | -1.49%₹ 9,850 | 6.56%₹ 10,656 | 12.66%₹ 11,265 | 10.21%₹ 12,649 | 17.14%₹ 13,740 | 12.73%₹ 27,243 | 29.28%₹ 21,639 | 20.17%₹ 48,360 | 12.41%₹ 17,962 | 15.64%₹ 88,679 | 13.84%₹ 36,586 | 13.60%₹ 2,43,943 |
| Union Balanced Advantage Fund | -0.39%₹ 9,960 | -1.49%₹ 9,850 | 1.61%₹ 10,160 | 2.09%₹ 10,208 | 1.77%₹ 12,114 | 4.52%₹ 10,929 | 2.33%₹ 24,584 | 16.65%₹ 15,884 | 6.90%₹ 39,955 | 9.01%₹ 15,401 | 8.69%₹ 74,678 | - | - |
Portfolio Holdings
Top Sector Holdings of L&T Balanced Advantage Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 15.28% | ₹ 324.48 Cr. |
| Computers - Software | 7.52% | ₹ 159.72 Cr. |
| Pharmaceuticals | 6.95% | ₹ 147.57 Cr. |
| Residential/commercial/sez project | 3.52% | ₹ 74.69 Cr. |
| Cement | 3.48% | ₹ 73.96 Cr. |
| Others | 63.25% | - |
Top Stock Holdings of L&T Balanced Advantage Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Axis Bank Ltd. | 4.18% | ₹ 88.75 Cr. |
| Tata Consultancy Services Ltd. | 3.59% | ₹ 76.38 Cr. |
| ICICI Bank Ltd. | 3.19% | ₹ 67.69 Cr. |
| State Bank Of India | 3.15% | ₹ 66.93 Cr. |
| Kotak Mahindra Bank Ltd. | 2.99% | ₹ 63.42 Cr. |
| Others | 82.90% | - |
Top Debt Instrument Type holdings of L&T Balanced Advantage Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| GOI | 23.72% | ₹ 503.71 Cr. |
| NCD & Bonds | 4.50% | ₹ 95.56 Cr. |
| CD | 2.29% | ₹ 48.66 Cr. |
| Others | 69.49% | - |
Top Debt Holdings of L&T Balanced Advantage Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 23.72% | ₹ 503.71 Cr. |
| Bond - HDFC Bank Ltd. | 2.29% | ₹ 48.66 Cr. |
| Bond - Export Import Bank Of India | 1.28% | ₹ 27.15 Cr. |
| Bond - Indian Railway Finance Corporation Ltd. | 1.25% | ₹ 26.51 Cr. |
| Bond - National Highways Authority of India | 1.24% | ₹ 26.35 Cr. |
| Others | 70.22% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 2.37% |
| Net Receivables | 0.26% |
| Margin | -0.46% |