What stocks does LIC MF Balanced Advantage Fund hold?

LIC MF Balanced Advantage Fund holds a portfolio of Indian equity stocks disclosed monthly by Lic Mutual Fund to AMFI. The complete current holdings with weights and month-over-month changes are available on this page. Data is sourced from official AMFI portfolio disclosures.

Which AMC manages LIC MF Balanced Advantage Fund?

LIC MF Balanced Advantage Fund is managed by Lic Mutual Fund, a SEBI-registered Asset Management Company in India.

What category is LIC MF Balanced Advantage Fund?

LIC MF Balanced Advantage Fund is classified as a Balanced Advantage mutual fund under SEBI's mutual fund categorisation framework.

How often is LIC MF Balanced Advantage Fund portfolio data updated?

Portfolio holdings for LIC MF Balanced Advantage Fund are updated monthly. SEBI mandates all AMCs to disclose their complete portfolio within 10 days of each month end. RightAdvise sources this data directly from official AMFI portfolio disclosures.

← Lic Mutual Fund

LIC MF Balanced Advantage Fund-Direct Plan-Growth

Balanced Advantage Data as of Apr 2026 Comparing Mar 2026 → Apr 2026

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Stocks Held

Apr 2026

Equity Holdings

₹515.07 Cr

Equity only, excl. debt & cash

Top 5 Weight

24.7%

Diversified

Top 10 Weight

34.2%

Diversified

Changes

0 new · 0 exits

Top Sector

Banks

19.9% of portfolio

📋 What Happened This Month Among existing holdings, Bharat Bijlee Ltd. saw the biggest increase — now at 0.88% of the portfolio. Infosys Limited was trimmed the most, now at 2.04%. HDFC Bank Limited remains the top holding with Banks the dominant sector at 19.9%. ↓ Scroll down for full holdings, sector allocation and month-on-month changes in detail.

NAV Performance

1 year history · LIC MF Balanced Advantage Fund-Direct Plan-Growth

-2.42%

-0.80%

-4.35%

-4.05%

Latest NAV

₹14.06

04 Jun 2026

52W High

₹14.89

-6% from High

52W Low

₹13.10

+7% from Low

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025

+4.8%

2024

+13.9%

2023

+15.2%

2022

+7.3%

Rolling Returns

Performance across every possible investment start date.

1Y Rolling Avg

11.3%

+ve in 98% windows

22.2% / -3.3%

3Y Rolling Avg

11.7% p.a.

+ve in 100% windows

15.8% / 8.3%

Crisis Period Behaviour

"Pre-inception" = fund didn't exist during that period.

2024–25 Tariff

-8.3%

Rec: May 2025 (3 mo)

COVID-19 Crash

Pre-inception

Rec: N/A

2022 Rate Hike

-6.6%

Rec: Jul 2022 (2 mo)

2018 IL&FS

Pre-inception

Rec: N/A

Risk Ratios

3 years daily NAV · Risk-free rate 6.5% p.a. What do these mean? →

Sharpe Ratio (3Y)

0.31

Return per unit of risk. >1 is good.

Sortino Ratio (3Y)

0.45

Penalises downside volatility only.

Std Deviation (3Y)

8.2%

Lower = more consistent returns.

NAV Chart ₹14.06 04 Jun 2026

Simple Moving Avg: Click to draw · click again to remove

LIC MF Balanced Advantage Fund-Direct Plan-Growth

Chart shows indexed performance (base = 100). Actual NAV: ₹14.06

Sector Shift Industry allocation month-over-month

Feb 2026 → Mar 2026

Sector	Prev	Curr ▼	Delta
Banks	20.7%	19.5%	▼ -1.2%
IT - Software	7.2%	7.3%	● +0.1%
Finance	5.1%	5.2%	▲ +0.2%
Petroleum Products	3.6%	4.6%	▲ +1.0%
Pharmaceuticals & Biotechnology	3.7%	4.2%	▲ +0.6%
Construction	3.2%	3.4%	▲ +0.2%
Industrial Products	3.5%	3.2%	▼ -0.3%
Power	2.7%	2.9%	▲ +0.2%
Cement & Cement Products	2.6%	2.5%	● -0.1%
Telecom - Services	2.2%	2.5%	▲ +0.3%

Mar 2026 → Apr 2026

Sector	Prev	Curr ▼	Delta
Banks	19.5%	19.9%	▲ +0.4%
IT - Software	7.3%	7.3%	● +0.0%
Finance	5.2%	5.7%	▲ +0.5%
Petroleum Products	4.6%	4.7%	● +0.1%
Pharmaceuticals & Biotechnology	4.2%	4.1%	▼ -0.2%
Construction	3.4%	3.9%	▲ +0.5%
Industrial Products	3.2%	3.6%	▲ +0.5%
Power	2.9%	3.2%	▲ +0.2%
Cement & Cement Products	2.5%	2.6%	● +0.1%
Telecom - Services	2.5%	2.6%	● +0.1%

↑

Biggest Add

Bharat Bijlee Ltd.

+0.26% · now 0.88%

↓

Biggest Trim

Infosys Limited

-0.21% · now 2.04%

What Changed?

Comparing Mar 2026 → Apr 2026

Mar 2026 → Apr 2026

↑ 58 Increased ↓ 12 Decreased

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Bharat Bijlee Ltd. ₹6.01 Cr	Electrical Equipment	0.62%	0.88%	+0.26%
2	Manorama Industries Ltd ₹7.69 Cr	Food Products	0.88%	1.13%	+0.25%
3	Oracle Financial Services Software Limited ₹5.93 Cr	IT - Software	0.63%	0.87%	+0.24%
4	Larsen & Toubro Limited ₹17.18 Cr	Construction	2.30%	2.52%	+0.22%
5	Shakti Pumps (India) Ltd ₹9.46 Cr	Industrial Products	1.18%	1.39%	+0.21%
6	State Bank of India ₹29.37 Cr	Banks	4.12%	4.31%	+0.19%
7	Power Finance Corporation Limited ₹11.54 Cr	Finance	1.50%	1.69%	+0.19%
8	Garware Hi-Tech Films Ltd ₹10.25 Cr	Industrial Products	1.33%	1.51%	+0.18%
9	Tata Power Company Limited ₹9.98 Cr	Power	1.30%	1.46%	+0.16%
10	Mas Financial Services Limited ₹8.00 Cr	Finance	1.01%	1.17%	+0.16%
11	Techno Electric & Engineering Company Limited ₹5.49 Cr	Construction	0.65%	0.81%	+0.16%
12	Lodha Developers Limited ₹4.71 Cr	Realty	0.54%	0.69%	+0.15%
13	Hindalco Industries Limited ₹8.57 Cr	Non - Ferrous Metals	1.12%	1.26%	+0.14%
14	Reliance Industries Limited ₹32.17 Cr	Petroleum Products	4.63%	4.72%	+0.09%
15	Tata Consumer Products Limited ₹7.89 Cr	Agricultural Food & other Products	1.07%	1.16%	+0.09%
16	Swaraj Engines Limited ₹5.06 Cr	Industrial Products	0.65%	0.74%	+0.09%
17	Mahanagar Gas Limited ₹4.07 Cr	Gas	0.51%	0.60%	+0.09%
18	ISGEC HEAVY ENGINEERING LIMITED ₹3.62 Cr	Construction	0.44%	0.53%	+0.09%
19	HDFC Bank Limited ₹52.31 Cr	Banks	7.60%	7.68%	+0.08%
20	Tata Steel Limited ₹10.62 Cr	Ferrous Metals	1.48%	1.56%	+0.08%
21	Kotak Mahindra Bank Limited ₹11.07 Cr	Banks	1.56%	1.63%	+0.07%
22	Tata Communications Limited ₹4.23 Cr	Telecom - Services	0.55%	0.62%	+0.07%
23	Axis Bank Limited ₹10.32 Cr	Banks	1.45%	1.51%	+0.06%
24	Aditya Birla Capital Limited ₹3.44 Cr	Finance	0.45%	0.51%	+0.06%
25	Gabriel India Limited ₹2.37 Cr	Auto Components	0.29%	0.35%	+0.06%
26	Orkla India Ltd ₹7.79 Cr	Food Products	1.09%	1.14%	+0.05%
27	Tata Motors Passenger Vehicles Limited ₹3.10 Cr	Automobiles	0.41%	0.46%	+0.05%
28	Godfrey Phillips India Limited ₹2.72 Cr	Cigarettes & Tobacco Products	0.35%	0.40%	+0.05%
29	NTPC Limited ₹9.05 Cr	Power	1.29%	1.33%	+0.04%
30	UltraTech Cement Limited ₹8.11 Cr	Cement & Cement Products	1.15%	1.19%	+0.04%
31	ITC Limited ₹5.83 Cr	Diversified FMCG	0.82%	0.86%	+0.04%
32	L&T Technology Services Limited ₹2.87 Cr	IT - Services	0.38%	0.42%	+0.04%
33	CreditAccess Grameen Limited ₹3.63 Cr	Finance	0.50%	0.53%	+0.03%
34	Titan Company Limited ₹2.76 Cr	Consumer Durables	0.38%	0.41%	+0.03%
35	CRISIL Limited ₹2.09 Cr	Finance	0.28%	0.31%	+0.03%
36	Cholamandalam Investment and Finance Company Ltd ₹1.98 Cr	Finance	0.26%	0.29%	+0.03%
37	ICICI Bank Limited ₹30.87 Cr	Banks	4.51%	4.53%	+0.02%
38	Bharti Airtel Limited ₹8.47 Cr	Telecom - Services	1.22%	1.24%	+0.02%
39	InterGlobe Aviation Limited ₹4.59 Cr	Transport Services	0.65%	0.67%	+0.02%
40	Birla Corporation Limited ₹3.60 Cr	Cement & Cement Products	0.51%	0.53%	+0.02%
41	Moil Limtied ₹3.07 Cr	Minerals & Mining	0.43%	0.45%	+0.02%
42	Grasim Industries Limited ₹3.06 Cr	Cement & Cement Products	0.43%	0.45%	+0.02%
43	K.P.R. Mill Limited ₹1.91 Cr	Textiles & Apparels	0.26%	0.28%	+0.02%
44	Sundram Fasteners Limited ₹1.84 Cr	Auto Components	0.25%	0.27%	+0.02%
45	Bajaj Finance Limited ₹1.42 Cr	Finance	0.19%	0.21%	+0.02%
46	Godrej Properties Limited ₹94.79 L	Realty	0.12%	0.14%	+0.02%
47	Prestige Estates Projects Limited ₹90.47 L	Realty	0.11%	0.13%	+0.02%
48	Tata Consultancy Services Limited ₹23.80 Cr	IT - Software	3.48%	3.49%	+0.01%
49	Mahindra & Mahindra Limited ₹6.73 Cr	Automobiles	0.98%	0.99%	+0.01%
50	Tech Mahindra Limited ₹3.35 Cr	IT - Software	0.48%	0.49%	+0.01%
51	Power Grid Corporation of India Limited ₹2.48 Cr	Power	0.35%	0.36%	+0.01%
52	Maruti Suzuki India Limited ₹1.85 Cr	Automobiles	0.26%	0.27%	+0.01%
53	Eicher Motors Limited ₹1.74 Cr	Automobiles	0.25%	0.26%	+0.01%
54	Endurance Technologies Limited ₹1.54 Cr	Auto Components	0.22%	0.23%	+0.01%
55	Divi's Laboratories Limited ₹1.37 Cr	Pharmaceuticals & Biotechnology	0.19%	0.20%	+0.01%
56	Mphasis Limited ₹1.30 Cr	IT - Software	0.18%	0.19%	+0.01%
57	DCB Bank Limited ₹82.02 L	Banks	0.11%	0.12%	+0.01%
58	JK Lakshmi Cement Limited ₹74.52 L	Cement & Cement Products	0.10%	0.11%	+0.01%

#	Stock	Sector	Mar 2026	Apr 2026	Change
1	Infosys Limited ₹13.91 Cr	IT - Software	2.25%	2.04%	-0.21%
2	IPCA Laboratories Limited ₹7.96 Cr	Pharmaceuticals & Biotechnology	1.27%	1.17%	-0.10%
3	Abbott India Limited ₹3.71 Cr	Pharmaceuticals & Biotechnology	0.58%	0.54%	-0.04%
4	HCL Technologies Limited ₹1.68 Cr	IT - Software	0.29%	0.25%	-0.04%
5	Sun Pharmaceutical Industries Limited ₹10.63 Cr	Pharmaceuticals & Biotechnology	1.58%	1.56%	-0.02%
6	Bharti Hexacom Limited ₹4.95 Cr	Telecom - Services	0.75%	0.73%	-0.02%
7	SBI Cards and Payment Services Limited ₹4.40 Cr	Finance	0.67%	0.65%	-0.02%
8	Torrent Pharmaceuticals Limited ₹2.72 Cr	Pharmaceuticals & Biotechnology	0.42%	0.40%	-0.02%
9	HDFC Life Insurance Company Limited ₹2.32 Cr	Insurance	0.36%	0.34%	-0.02%
10	ICICI Lombard General Insurance Company Limited ₹8.55 Cr	Insurance	1.27%	1.26%	-0.01%
11	SRF Limited ₹6.18 Cr	Chemicals & Petrochemicals	0.92%	0.91%	-0.01%
12	Apollo Hospitals Enterprise Limited ₹2.32 Cr	Healthcare Services	0.35%	0.34%	-0.01%

Full Portfolio

78 stocks — Apr 2026

#	Stock	Sector	Weight & Value
1	HDFC Bank Limited ₹52.31 Cr	Banks	7.68%
2	Reliance Industries Limited ₹32.17 Cr	Petroleum Products	4.72%
3	ICICI Bank Limited ₹30.87 Cr	Banks	4.53%
4	State Bank of India ₹29.37 Cr	Banks	4.31%
5	Tata Consultancy Services Limited ₹23.80 Cr	IT - Software	3.49%
6	Larsen & Toubro Limited ₹17.18 Cr	Construction	2.52%
7	Infosys Limited ₹13.91 Cr	IT - Software	2.04%
8	Power Finance Corporation Limited ₹11.54 Cr	Finance	1.69%
9	Kotak Mahindra Bank Limited ₹11.07 Cr	Banks	1.63%
10	Sun Pharmaceutical Industries Limited ₹10.63 Cr	Pharmaceuticals & Biotechnology	1.56%
11	Tata Steel Limited ₹10.62 Cr	Ferrous Metals	1.56%
12	Axis Bank Limited ₹10.32 Cr	Banks	1.51%
13	Garware Hi-Tech Films Ltd ₹10.25 Cr	Industrial Products	1.51%
14	Tata Power Company Limited ₹9.98 Cr	Power	1.46%
15	Shakti Pumps (India) Ltd ₹9.46 Cr	Industrial Products	1.39%
16	NTPC Limited ₹9.05 Cr	Power	1.33%
17	Hindalco Industries Limited ₹8.57 Cr	Non - Ferrous Metals	1.26%
18	ICICI Lombard General Insurance Company Limited ₹8.55 Cr	Insurance	1.26%
19	Bharti Airtel Limited ₹8.47 Cr	Telecom - Services	1.24%
20	UltraTech Cement Limited ₹8.11 Cr	Cement & Cement Products	1.19%
21	Mas Financial Services Limited ₹8.00 Cr	Finance	1.17%
22	IPCA Laboratories Limited ₹7.96 Cr	Pharmaceuticals & Biotechnology	1.17%
23	Tata Consumer Products Limited ₹7.89 Cr	Agricultural Food & other Products	1.16%
24	Orkla India Ltd ₹7.79 Cr	Food Products	1.14%
25	Manorama Industries Ltd ₹7.69 Cr	Food Products	1.13%
26	Mahindra & Mahindra Limited ₹6.73 Cr	Automobiles	0.99%
27	SRF Limited ₹6.18 Cr	Chemicals & Petrochemicals	0.91%
28	Bharat Bijlee Ltd. ₹6.01 Cr	Electrical Equipment	0.88%
29	Oracle Financial Services Software Limited ₹5.93 Cr	IT - Software	0.87%
30	ITC Limited ₹5.83 Cr	Diversified FMCG	0.86%
31	Techno Electric & Engineering Company Limited ₹5.49 Cr	Construction	0.81%
32	Swaraj Engines Limited ₹5.06 Cr	Industrial Products	0.74%
33	Bharti Hexacom Limited ₹4.95 Cr	Telecom - Services	0.73%
34	Lodha Developers Limited ₹4.71 Cr	Realty	0.69%
35	InterGlobe Aviation Limited ₹4.59 Cr	Transport Services	0.67%
36	SBI Cards and Payment Services Limited ₹4.40 Cr	Finance	0.65%
37	Tata Communications Limited ₹4.23 Cr	Telecom - Services	0.62%
38	Mahanagar Gas Limited ₹4.07 Cr	Gas	0.60%
39	Abbott India Limited ₹3.71 Cr	Pharmaceuticals & Biotechnology	0.54%
40	CreditAccess Grameen Limited ₹3.63 Cr	Finance	0.53%
41	Birla Corporation Limited ₹3.60 Cr	Cement & Cement Products	0.53%
42	ISGEC HEAVY ENGINEERING LIMITED ₹3.62 Cr	Construction	0.53%
43	Aditya Birla Capital Limited ₹3.44 Cr	Finance	0.51%
44	Tech Mahindra Limited ₹3.35 Cr	IT - Software	0.49%
45	Tata Motors Passenger Vehicles Limited ₹3.10 Cr	Automobiles	0.46%
46	Moil Limtied ₹3.07 Cr	Minerals & Mining	0.45%
47	Grasim Industries Limited ₹3.06 Cr	Cement & Cement Products	0.45%
48	L&T Technology Services Limited ₹2.87 Cr	IT - Services	0.42%
49	Titan Company Limited ₹2.76 Cr	Consumer Durables	0.41%
50	Torrent Pharmaceuticals Limited ₹2.72 Cr	Pharmaceuticals & Biotechnology	0.40%
51	Godfrey Phillips India Limited ₹2.72 Cr	Cigarettes & Tobacco Products	0.40%
52	Power Grid Corporation of India Limited ₹2.48 Cr	Power	0.36%
53	Gabriel India Limited ₹2.37 Cr	Auto Components	0.35%
54	Apollo Hospitals Enterprise Limited ₹2.32 Cr	Healthcare Services	0.34%
55	HDFC Life Insurance Company Limited ₹2.32 Cr	Insurance	0.34%
56	TVS HOLDINGS LIMTED ₹2.29 Cr	Finance	0.34%
57	JK Cement Limited ₹2.27 Cr	Cement & Cement Products	0.33%
58	CRISIL Limited ₹2.09 Cr	Finance	0.31%
59	Cholamandalam Investment and Finance Company Ltd ₹1.98 Cr	Finance	0.29%
60	K.P.R. Mill Limited ₹1.91 Cr	Textiles & Apparels	0.28%
61	Sundram Fasteners Limited ₹1.84 Cr	Auto Components	0.27%
62	Maruti Suzuki India Limited ₹1.85 Cr	Automobiles	0.27%
63	Eicher Motors Limited ₹1.74 Cr	Automobiles	0.26%
64	HCL Technologies Limited ₹1.68 Cr	IT - Software	0.25%
65	Endurance Technologies Limited ₹1.54 Cr	Auto Components	0.23%
66	Bajaj Finance Limited ₹1.42 Cr	Finance	0.21%
67	Divi's Laboratories Limited ₹1.37 Cr	Pharmaceuticals & Biotechnology	0.20%
68	Pfizer Limited ₹1.33 Cr	Pharmaceuticals & Biotechnology	0.20%
69	Mphasis Limited ₹1.30 Cr	IT - Software	0.19%
70	Godrej Properties Limited ₹94.79 L	Realty	0.14%
71	Prestige Estates Projects Limited ₹90.47 L	Realty	0.13%
72	Karur Vysya Bank Limited ₹86.85 L	Banks	0.13%
73	DCB Bank Limited ₹82.02 L	Banks	0.12%
74	JK Lakshmi Cement Limited ₹74.52 L	Cement & Cement Products	0.11%
75	360 One WAM Limited ₹67.73 L	Capital Markets	0.10%
76	Tata Motors Ltd ₹52.98 L	Agricultural, Commercial & Construction Vehicles	0.08%
77	Hindustan Aeronautics Limited ₹9.02 L	Aerospace & Defense	0.01%
78	Jindal Stainless Limited ₹0.01 L	Ferrous Metals	0.00%