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  • Mutual Funds
  • L&T Investment Management Ltd
  • L&T Balanced Advantage Fund (Dividend Payout - Monthly)

Formerly L&T India Equity and Gold Div

L&T Balanced Advantage Fund (Dividend Payout - Monthly)

L&T Balanced Advantage Fund (Dividend Payout - Monthly)

Hybrid

Dynamic Asset Allocation Or Balanced Advantage

17.49

NAV (Nov 20)

Scripbox Opinion

Neutral

Click here for top ranked funds in dynamic asset allocation or balanced advantage mutual funds.

However, Scripbox does not recommend investing in dynamic asset allocation or balanced advantage mutual funds.

Dynamic Asset Allocation funds change their exposure to debt and equity dynamically - taking a call on market valuation & conditions.

This makes their performance difficult to assess.

With a high Equity component, the impact of market fluctuations on these funds is high.It is better for investors to make the allocation to equity & debt themselves and choose the right funds in each asset class.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

9 Years

The Fund has Sufficient history for analysis and the track record is good.

Relative Size

851 Cr

Medium within the category

Category View

Neutral

The category has a neutral investment outlook

Consistency Of Performance

Poor

The historical performance of the fund has been poor

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    Historical growth rate of 12% per annum
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    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only
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Scheme Information

Investment 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.There is no assurance that the investment objective of the scheme will be realized.

Low

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Moderately Low

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Moderate

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Moderately High

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High

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Moderately High risk

2.3 %

Expense Ratio

Feb 07, 2011

Launched (9y ago)

₹ 851

AUM in Crores

INF917K01KW8

ISIN

No Lock-in

Lock-in

CRISIL Short Term Bond Fund TR INR

Benchmark

₹ 1,000

SIP Minimum

₹ 5,000

Lumpsum Min.

Fund Managers
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Jalpan Shah

Fund Manager

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Praveen Ayathan

Fund Manager

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Venugopal Manghat

Fund Manager

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Vihang Naik

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
EPF70% ₹ 900,761 ₹ 168,1498.50%
Property70% ₹ 867,662 ₹ 135,0507.00%
PPF70% ₹ 869,819 ₹ 137,2077.10%
Bank FD70% ₹ 846,471 ₹ 113,8596.00%
Gold70% ₹ 846,471 ₹ 113,8596.00%
Savings Bank70% ₹ 825,950 ₹ 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

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Build Long Term Wealth

Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

  • Inflation beating returns
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asset-allocation

Asset allocation and Holdings

Last updated on 2020-11-20

Top Stock Holdings

Cash offset for derivatives

30.9%
30.9%

(c) tri party repo dealing system (treps)

11.4%
11.4%

Reliance industries ltd

6.9%
6.9%

L&t liquid dir gr

5.9%
5.9%

Hdfc bank limited

5.4%
5.4%
See all holdingsright-arrow
allocation by market cap

Allocation by Sector

Financial services

13.8%
90%

Consumer defensive

9%
90%

Technology

8.2%
90%

Energy

6.9%
90%

Consumer cyclical

6.8%
90%
See all sectorsright-arrow
comparison

Comparison with Hybrid Funds

Quant Absolute Fund (G)

Quant Absolute Fund (G)

Aggressive Hybrid

19 Years

Age

5

Track Record

ICICI Prudential Savings Fund (G)

ICICI Prudential Savings Fund (G)

Conservative Hybrid

16 Years

Age

5

Track Record

LIC MF Equity Hybrid Fund (G)

LIC MF Equity Hybrid Fund (G)

Aggressive Hybrid

21 Years

Age

5

Track Record

ICICI Prudential Equity & Debt Fund (G)

ICICI Prudential Equity & Debt Fund (G)

Aggressive Hybrid

21 Years

Age

5

Track Record

Aditya Birla Sun Life Equity Hybrid 95 Fund (G)

Aditya Birla Sun Life Equity Hybrid 95 Fund (G)

Aggressive Hybrid

25 Years

Age

5

Track Record

amc-icon

About the AMC

L&T Investment Management Ltd

L&T Investment Management Ltd manages assets worth 67,838 crores and was set up on 25 April 1996. It's current offering of mutual fund schemes includes 36 equity,71 debt and 24 hybrid funds.

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  • tel-amc-about
    022-66554000
  • mail-amc-about
    investor.line@lntmf.co.in
  • L&T Midcap Fund (G)

    L&T Midcap Fund (G)

    Mid Cap

    Recommended

    Top Ranked

    ₹ 5,776 Cr

    Fund Size

    0.1%

    3Y returns

    L&T Midcap Fund (DP-A)

    L&T Midcap Fund (DP-A)

    Mid Cap

    Top Ranked

    ₹ 5,776 Cr

    Fund Size

    -1%

    3Y returns

    L&T Midcap Fund (DR-A)

    L&T Midcap Fund (DR-A)

    Mid Cap

    Top Ranked

    ₹ 5,776 Cr

    Fund Size

    -1%

    3Y returns

    L&T Emerging Businesses Fund (G)

    L&T Emerging Businesses Fund (G)

    Small Cap

    Top Ranked

    ₹ 5,270 Cr

    Fund Size

    -4.1%

    3Y returns

    L&T Large and Midcap Fund (G)

    L&T Large and Midcap Fund (G)

    Diversified

    Top Ranked

    ₹ 1,187 Cr

    Fund Size

    1.3%

    3Y returns

    growth

    Build Long Term Wealth

    Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Standard Multicap fund (Growth)

    Kotak Standard Multicap fund (Growth)

    Equity

    Diversified

    Mirae Asset Large Cap Fund (Growth)

    Mirae Asset Large Cap Fund (Growth)

    Equity

    Large Cap

    Axis Bluechip Fund (Growth)

    Axis Bluechip Fund (Growth)

    Equity

    Large Cap

    Invesco India Growth Opportunities Fund (Growth)

    Invesco India Growth Opportunities Fund (Growth)

    Equity

    Diversified

    Investment Calculator

    Investment Duration5 years

    ₹ 0

    Total Investment

    ₹ 0

    Wealth Gained

    ₹ 0

    Total Corpus Created (₹)

    With assumed returns of 9 %
    How does Scripbox rate funds?

    Proprietary system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Relative Size

    Relative Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Category View

    Category View

    We check if the sub-category of the fund is recommended by us.

    Consistency Of Performance

    Consistency Of Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Relative Size

    Relative Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Quality Of Fund’s Portfolio

    Credit Quality Of Fund’s Portfolio

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Equity Funds

    Debt Funds

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    About L&T Balanced Advantage Fund (DP-M)

    About L&T Balanced Advantage Fund (DP-M)

    L&T Balanced Advantage Fund (DP-M) is a dynamic asset allocation or balanced advantage hybrid fund and has delivered an annualised return of 10.6% over a period of 9 years .The fund was previously known as L&T India Equity and Gold Div.The fund is managed by L&T Investment Management Ltd.The fund managers are Jalpan Shah, Praveen Ayathan, Venugopal Manghat, Vihang Naik

    L&T Balanced Advantage Fund (DP-M) Investment 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.There is no assurance that the investment objective of the scheme will be realized. However, there is no assurance that the objective of the scheme will be realized.

    L&T Balanced Advantage Fund (DP-M) NAV,AUM,Risk

    The L&T Balanced Advantage Fund (DP-M) fund was launched on Feb 07, 2011. The NAV (Net Asset Value) of this dynamic asset allocation or balanced advantage hybrid as of 2020-11-20 is ₹ 17.49. The total AUM (Asset Under Management) of the fund as of 2020-11-20 is ₹ 850.883. The category risk of the L&T Balanced Advantage Fund (DP-M) fund is Moderately High risk. The fund charges 2.3 % as expense ratio.

    L&T Balanced Advantage Fund (DP-M) Holdings

    The fund’s highest allocation is towards others and has invested 54.2% in this asset class. The top three holdings of the fund are export-import bank of india,national highways authority of india and indian railway finance corporation limited

    L&T Balanced Advantage Fund (DP-M) SIP

    The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.

    L&T Balanced Advantage Fund (DP-M) Investment volatility and Horizon

    This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to CRISIL Short Term Bond Fund TR INR

    L&T Balanced Advantage Fund (DP-M) Review

    L&T Balanced Advantage Fund (DP-M) has a score of 3 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, L&T Balanced Advantage Fund (DP-M) has a score of 3 out of 5. Scipbox has rated this fund 2 out of 5 based on consistency of performance over various years / tenures.

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