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L&T Balanced Advantage Fund

L&T Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

9.76

as on 20 Sep 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,230 today.

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NAV Performance

L&T Balanced Advantage Fund performance graph for last 3 years
Performance of L&T Balanced Advantage Fund for last 3 Years

Fund Information

  • ₹ 31.111

    as on 20 Sep 2021
  • Regular - Growth

  • 5 / 22

  • ₹ 5,000

  • ₹ 1,844 Cr.

    as on 20 Sep 2021
  • 2.11%

    since 31 May 2021
  • 07 Feb 2011

  • Hybrid - Dynamic Asset Allocation or Balanced Advantage

  • Nifty 50

  • 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 ₹ 31.111 as on 20 Sep 2021.

This fund has 10 years of track record. Since 31 May 2021 expense ratio of this fund is 2.11%. 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

  • About Cheenu Gupta

    Picture of Cheenu Gupta
  • About Venugopal M

    Picture of Venugopal M
  • About Praveen Ayathan

    Picture of Praveen AyathanB.Sc (Mathematics)
  • About Jalpan Shah

    Picture of Jalpan ShahJalpan 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 Moderate 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 5.01% 8.71% 13.63% 49.55% 23.17% 15.09% 13.10% 13.19% 41.88% 32.24% 22.71% 16.62% 13.80%
Category Average 2.70% 5.29% 9.65% 23.83% 14.95% 10.52% 9.56% 12.16% 22.61% 20.39% 15.54% 11.66% 12.11%
L&T Balanced Advantage Fund 2.77%₹ 10,277 4.89%₹ 10,488 8.48%₹ 10,848 14.45%₹ 11,444 16.50%₹ 13,046 12.83%₹ 12,735 15.95%₹ 28,105 9.76%₹ 13,230 13.16%₹ 43,818 8.71%₹ 15,188 10.34%₹ 77,842 - -
Aditya Birla Sun Life Balanced Advantage Fund 2.59%₹ 10,258 5.33%₹ 10,532 11.60%₹ 11,159 29.78%₹ 12,978 25.88%₹ 13,621 16.87%₹ 13,663 23.72%₹ 30,188 12.73%₹ 14,334 18.25%₹ 47,120 10.68%₹ 16,617 13.07%₹ 83,300 - -
Edelweiss Balanced Advantage Fund 3.54%₹ 10,354 7.63%₹ 10,763 13.64%₹ 11,363 32.70%₹ 13,270 31.71%₹ 13,972 23.17%₹ 15,178 28.65%₹ 31,539 15.09%₹ 15,256 22.71%₹ 50,142 13.10%₹ 18,510 16.62%₹ 90,906 12.10%₹ 31,372 13.16%₹ 2,38,422
ICICI Prudential Balanced Advantage Fund 2.51%₹ 10,251 4.40%₹ 10,440 8.65%₹ 10,864 25.44%₹ 12,544 22.35%₹ 13,406 15.48%₹ 13,340 21.37%₹ 29,552 12.37%₹ 14,198 16.92%₹ 46,239 10.64%₹ 16,587 12.94%₹ 83,037 13.19%₹ 34,568 12.67%₹ 2,32,315
DSP Dynamic Asset Allocation Fund 1.87%₹ 10,186 3.80%₹ 10,379 7.99%₹ 10,798 19.10%₹ 11,909 16.99%₹ 13,077 13.00%₹ 12,772 16.36%₹ 28,214 11.21%₹ 13,762 13.88%₹ 44,273 8.75%₹ 15,213 10.88%₹ 78,887 - -
Nippon India Balanced Advantage Fund 1.89%₹ 10,188 5.42%₹ 10,541 10.91%₹ 11,091 27.86%₹ 12,786 26.54%₹ 13,661 15.58%₹ 13,365 22.62%₹ 29,890 11.53%₹ 13,880 17.05%₹ 46,322 11.05%₹ 16,894 12.76%₹ 82,659 13.03%₹ 34,058 12.59%₹ 2,31,371

Portfolio Holdings

Portfolio holdings pattern of L&T Balanced Advantage Fund as on 21 Sep 2021 are listed below:

  • Equity Holdings:

    65.90%
  • Debt Holdings:

    23.10%
  • Others Holdings:

    11.00%

Top Sector Holdings of L&T Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 11.86% ₹ 218.65 Cr.
Refineries/marketing 8.97% ₹ 165.50 Cr.
Telecom - services 4.41% ₹ 81.25 Cr.
Steel 4.07% ₹ 75.00 Cr.
Pharmaceuticals 3.97% ₹ 72.87 Cr.
Others 66.72% -

Top Stock Holdings of L&T Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
Reliance Industries Ltd. 7.09% ₹ 130.79 Cr.
ICICI Bank Ltd. 4.87% ₹ 89.79 Cr.
Bharti Airtel Ltd. 4.41% ₹ 81.25 Cr.
Tata Steel Ltd. 3.71% ₹ 68.44 Cr.
Adani Ports And Special Economic Zone Ltd. 0.00% ₹ 65.60 Cr.
Others 79.92% -

Top Debt Instrument Type holdings of L&T Balanced Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
GOI 17.84% ₹ 328.82 Cr.
NCD & Bonds 5.26% ₹ 96.93 Cr.
Others 76.90% -

Top Debt Holdings of L&T Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 17.84% ₹ 328.82 Cr.
Bond - Export Import Bank Of India 1.57% ₹ 28.89 Cr.
Bond - Indian Railway Finance Corporation Ltd. 1.41% ₹ 25.95 Cr.
Bond - National Highways Authority of India 1.40% ₹ 25.82 Cr.
Bond - National Bank for Agriculture & Rural Development 0.88% ₹ 16.27 Cr.
Others 76.90%

Other Holdings

Holding TypeHolding Percentage
TREPS 8.03%
MF Units 1.67%
FD 1.43%
Margin 0.10%
Net Receivables -0.23%