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L&T Balanced Advantage Fund

L&T Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

9.58

as on 21 Jan 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,161 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

  • ₹ 30.914

    as on 21 Jan 2022
  • Regular - Growth

  • 13 / 22

  • ₹ 5,000

  • ₹ 2,114 Cr.

    as on 21 Jan 2022
  • 2.1%

    since 30 Nov 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 ₹ 30.914 as on 21 Jan 2022.

This fund has 10 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

  • 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 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 6.79% 3.92% 10.17% 25.68% 20.78% 17.37% 14.61% 13.87% 24.28% 32.95% 22.92% 15.92% 14.06%
Category Average 2.82% 0.02% 6.01% 13.21% 12.69% 11.52% 10.05% 12.75% 12.62% 17.33% 14.72% 10.88% 11.81%
L&T Balanced Advantage Fund 1.14%₹ 10,114 -1.51%₹ 9,848 3.19%₹ 10,319 7.37%₹ 10,736 6.74%₹ 12,434 10.16%₹ 12,137 11.95%₹ 27,055 9.58%₹ 13,161 10.78%₹ 42,325 8.40%₹ 14,973 9.05%₹ 75,373 - -
Edelweiss Balanced Advantage Fund 2.30%₹ 10,230 -0.96%₹ 9,903 7.36%₹ 10,736 16.04%₹ 11,604 14.63%₹ 12,932 20.29%₹ 14,477 23.12%₹ 30,024 16.74%₹ 15,916 20.14%₹ 48,391 14.18%₹ 19,417 15.37%₹ 88,165 12.13%₹ 31,458 12.65%₹ 2,32,022
ICICI Prudential Balanced Advantage Fund 2.19%₹ 10,219 0.35%₹ 10,034 6.82%₹ 10,681 14.15%₹ 11,415 12.80%₹ 12,817 13.50%₹ 12,886 20.19%₹ 29,234 12.93%₹ 14,406 16.23%₹ 45,793 11.47%₹ 17,220 12.66%₹ 82,464 13.82%₹ 36,543 12.32%₹ 2,27,969
Aditya Birla Sun Life Balanced Advantage Fund 2.10%₹ 10,209 -1.68%₹ 9,831 4.12%₹ 10,411 12.52%₹ 11,251 10.52%₹ 12,674 13.90%₹ 12,978 19.59%₹ 29,075 12.57%₹ 14,268 15.97%₹ 45,620 9.99%₹ 16,108 11.92%₹ 80,974 - -
HDFC Balanced Advantage Fund 4.95%₹ 10,495 -1.76%₹ 9,823 8.86%₹ 10,886 25.49%₹ 12,549 21.44%₹ 13,353 18.45%₹ 14,037 32.34%₹ 32,560 14.46%₹ 14,999 22.39%₹ 49,930 14.33%₹ 19,549 15.54%₹ 88,535 13.41%₹ 35,254 13.87%₹ 2,47,718
Nippon India Balanced Advantage Fund 2.07%₹ 10,206 -1.08%₹ 9,891 4.20%₹ 10,419 14.13%₹ 11,413 11.40%₹ 12,729 13.12%₹ 12,800 19.09%₹ 28,939 11.75%₹ 13,961 15.11%₹ 45,067 11.54%₹ 17,272 11.59%₹ 80,311 13.34%₹ 35,020 11.88%₹ 2,22,704

Portfolio Holdings

Portfolio holdings pattern of L&T Balanced Advantage Fund as on 23 Jan 2022 are listed below:

  • Equity Holdings:

    66.00%
  • Debt Holdings:

    29.86%
  • Others Holdings:

    4.14%

Top Sector Holdings of L&T Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 14.74% ₹ 315.69 Cr.
Pharmaceuticals 6.33% ₹ 141.31 Cr.
Computers - Software 5.49% ₹ 116.24 Cr.
Refineries/Marketing 4.00% ₹ 84.66 Cr.
Steel 3.92% ₹ 83.13 Cr.
Others 65.52% -

Top Stock Holdings of L&T Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 5.73% ₹ 121.54 Cr.
Reliance Industries Ltd. 3.85% ₹ 81.58 Cr.
State Bank Of India 3.47% ₹ 73.59 Cr.
Tata Steel Ltd. 3.39% ₹ 71.83 Cr.
Kotak Mahindra Bank Ltd. 2.94% ₹ 62.30 Cr.
Others 80.62% -

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

Instrument TypeHolding PercentageHolding Values in Crore
GOI 22.99% ₹ 487.44 Cr.
NCD & Bonds 4.59% ₹ 97.39 Cr.
CD 2.28% ₹ 48.37 Cr.
Others 70.14% -

Top Debt Holdings of L&T Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 22.99% ₹ 487.44 Cr.
Bond - HDFC Bank Ltd. 2.28% ₹ 48.37 Cr.
Bond - Export Import Bank Of India 1.39% ₹ 29.41 Cr.
Bond - Indian Railway Finance Corporation Ltd. 1.24% ₹ 26.34 Cr.
Bond - National Highways Authority of India 1.23% ₹ 26.18 Cr.
Others 70.87%

Other Holdings

Holding TypeHolding Percentage
TREPS 8.06%
Margin -0.01%
Net Receivables -3.91%