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L&T Balanced Advantage Fund

L&T Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

6.77

as on 06 Jul 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,175 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

  • ₹ 29.851

    as on 06 Jul 2022
  • Regular - Growth

  • 13 / 22

  • ₹ 5,000

  • ₹ 2,114 Cr.

    as on 31 Dec 2021
  • 2.1%

  • 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 ₹ 29.851 as on 06 Jul 2022.

This fund has 11 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 1.04% 3.92% 6.22% 25.12% 26.95% 12.48% 10.78% 12.71% 6.32% 17.38% 17.96% 13.27% 12.83%
Category Average -0.83% -4.14% -3.43% 3.10% 11.87% 8.59% 7.14% 11.39% -4.17% 5.12% 8.46% 7.57% 9.98%
L&T Balanced Advantage Fund -1.03%₹ 9,896 -4.06%₹ 9,594 -3.98%₹ 9,601 0.06%₹ 10,005 -4.41%₹ 11,713 7.61%₹ 11,580 2.16%₹ 24,540 6.77%₹ 12,175 5.60%₹ 39,190 6.50%₹ 13,701 6.25%₹ 70,248 - -
Edelweiss Balanced Advantage Fund -1.37%₹ 9,863 -6.51%₹ 9,348 -6.64%₹ 9,336 0.92%₹ 10,092 -6.81%₹ 11,555 15.99%₹ 13,453 6.04%₹ 25,522 12.48%₹ 14,239 11.20%₹ 42,567 9.88%₹ 16,023 10.79%₹ 78,689 10.90%₹ 28,147 10.56%₹ 2,07,479
ICICI Prudential Balanced Advantage Fund -0.08%₹ 9,991 -1.74%₹ 9,826 -0.45%₹ 9,955 6.01%₹ 10,601 2.40%₹ 12,155 16.40%₹ 13,548 9.66%₹ 26,448 10.74%₹ 13,589 11.99%₹ 43,061 9.53%₹ 15,767 10.60%₹ 78,310 12.55%₹ 32,634 11.09%₹ 2,13,415
Aditya Birla Sun Life Balanced Advantage Fund -0.83%₹ 9,916 -4.43%₹ 9,557 -4.71%₹ 9,528 0.11%₹ 10,011 -4.75%₹ 11,691 14.04%₹ 13,005 5.70%₹ 25,434 9.31%₹ 13,068 9.42%₹ 41,475 7.36%₹ 14,266 8.68%₹ 74,665 - -
HDFC Balanced Advantage Fund -1.19%₹ 9,880 -4.22%₹ 9,578 0.74%₹ 10,074 9.07%₹ 10,907 3.24%₹ 12,209 26.95%₹ 16,115 17.38%₹ 28,465 11.06%₹ 13,707 17.96%₹ 46,896 10.78%₹ 16,688 13.27%₹ 83,668 12.71%₹ 33,108 12.83%₹ 2,34,248
Union Balanced Advantage Fund -0.69%₹ 9,931 -3.73%₹ 9,627 -4.11%₹ 9,588 0.70%₹ 10,069 -3.83%₹ 11,751 11.79%₹ 12,497 3.94%₹ 24,988 10.23%₹ 13,401 8.85%₹ 41,129 - - - -

Portfolio Holdings

Portfolio holdings pattern of L&T Balanced Advantage Fund as on 07 Jul 2022 are listed below:

  • Equity Holdings:

    67.32%
  • Debt Holdings:

    30.51%
  • Others Holdings:

    2.17%

Top Sector Holdings of L&T Balanced Advantage Fund

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 TypeHolding PercentageHolding 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 InstrumentHolding PercentageHolding 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 TypeHolding Percentage
TREPS 2.37%
Net Receivables 0.26%
Margin -0.46%