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L&T Balanced Advantage Fund

L&T Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

8.88

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,908 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

  • ₹ 34.550

    as on 22 Sep 2023
  • Regular - Growth

  • 11 / 22

  • ₹ 5,000

  • ₹ 1,483 Cr.

    as on 31 May 2023
  • 2.34%

  • 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 ₹ 34.550 as on 22 Sep 2023.

This fund has 12 years of track record. Since 31 Mar 2023 expense ratio of this fund is 2.34%. 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 long term capital growth and income through investments in equity and equity related securities and fixed income instruments.

List of Fund Managers of L&T Balanced Advantage Fund

  • About Ritesh Jain

    Picture of Ritesh Jain
  • About Neelotpal Sahai

    Picture of Neelotpal Sahai

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very 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 3.02% 13.98% 26.43% 25.12% 18.36% 29.70% 15.26% 16.10% 37.05% 22.96% 23.24% 20.62% 15.54%
Category Average 1.25% 4.40% 11.21% 11.48% 7.50% 12.74% 9.44% 12.14% 16.09% 11.34% 10.80% 11.30% 10.56%
L&T Balanced Advantage Fund 0.71%₹ 10,070 4.53%₹ 10,452 10.85%₹ 11,085 10.81%₹ 11,081 14.60%₹ 12,928 5.23%₹ 11,073 9.76%₹ 26,483 8.88%₹ 12,908 8.57%₹ 40,966 8.04%₹ 14,728 9.01%₹ 75,289 11.53%₹ 29,817 8.46%₹ 1,85,737
HDFC Balanced Advantage Fund 3.02%₹ 10,302 9.71%₹ 10,970 18.63%₹ 11,862 22.34%₹ 12,233 28.73%₹ 13,793 18.36%₹ 14,007 22.96%₹ 29,976 29.70%₹ 21,818 23.24%₹ 50,503 15.26%₹ 20,360 20.62%₹ 1,00,221 16.10%₹ 44,554 15.54%₹ 2,70,806
ICICI Prudential Balanced Advantage Fund 1.73%₹ 10,172 4.55%₹ 10,455 10.50%₹ 11,050 11.12%₹ 11,112 14.75%₹ 12,938 9.31%₹ 11,948 11.71%₹ 26,989 15.42%₹ 15,377 11.94%₹ 43,044 11.24%₹ 17,046 12.75%₹ 82,630 12.58%₹ 32,755 11.28%₹ 2,15,628
Edelweiss Balanced Advantage Fund 0.83%₹ 10,082 4.04%₹ 10,404 11.66%₹ 11,165 10.27%₹ 11,027 14.67%₹ 12,933 5.81%₹ 11,196 10.22%₹ 26,600 15.11%₹ 15,250 10.76%₹ 42,307 11.61%₹ 17,331 13.02%₹ 83,196 11.72%₹ 30,340 11.29%₹ 2,15,774
Kotak Balance Advantage Fund 1.19%₹ 10,118 3.58%₹ 10,357 10.12%₹ 11,011 10.53%₹ 11,052 13.83%₹ 12,880 6.66%₹ 11,377 10.35%₹ 26,635 12.08%₹ 14,079 9.98%₹ 41,826 10.51%₹ 16,492 11.28%₹ 79,673 - -
Union Balanced Advantage Fund 1.04%₹ 10,103 3.44%₹ 10,344 8.82%₹ 10,882 8.82%₹ 10,882 11.67%₹ 12,745 5.15%₹ 11,056 8.39%₹ 26,129 11.61%₹ 13,902 8.08%₹ 40,676 10.21%₹ 16,269 10.50%₹ 78,141 - -

Portfolio Holdings

Portfolio holdings pattern of L&T Balanced Advantage Fund as on 23 Sep 2023 are listed below:

  • Equity Holdings:

    67.96%
  • Debt Holdings:

    30.69%
  • Others Holdings:

    1.35%

Top Sector Holdings of L&T Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 12.13% ₹ 175.58 Cr.
Pharmaceuticals 7.68% ₹ 111.28 Cr.
Residential/commercial/sez project 5.47% ₹ 79.27 Cr.
Computers - Software 5.42% ₹ 78.45 Cr.
Refineries/Marketing 4.09% ₹ 59.21 Cr.
Others 65.21% -

Top Stock Holdings of L&T Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
DLF Ltd. 4.93% ₹ 71.39 Cr.
HDFC Bank Ltd. 3.90% ₹ 56.38 Cr.
Reliance Industries Ltd. 3.84% ₹ 55.57 Cr.
ICICI Bank Ltd. 3.61% ₹ 52.20 Cr.
Infosys Ltd. 2.73% ₹ 39.55 Cr.
Others 80.99% -

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

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 14.39% ₹ 208.37 Cr.
GOI 14.34% ₹ 207.60 Cr.
CD 1.96% ₹ 28.35 Cr.
Others 69.31% -

Top Debt Holdings of L&T Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 14.34% ₹ 207.60 Cr.
Bond - National Bank for Agriculture & Rural Development 3.50% ₹ 50.67 Cr.
Bond - Rural Electrification Corporation Limited 3.45% ₹ 49.99 Cr.
Bond - Housing Development Finance Corporation Ltd. 2.10% ₹ 30.46 Cr.
Bond - HDFC Bank Ltd. 1.96% ₹ 28.35 Cr.
Others 74.65%

Other Holdings

Holding TypeHolding Percentage
TREPS 1.57%
Net Receivables -0.22%