LIC MF BALANCED ADVANTAGE FUND

LIC Mutual FundHybridPortfolio as of 30 September 2026

LIC MF BALANCED ADVANTAGE FUND holds 56 instruments (75.68% equity), led by ICICI Bank Limited (5.38%), Navin Fluorine International Limited (3.75%) and Sun Pharmaceutical Industries Limited (2.69%), as of its 30 September 2026 SEBI-mandated monthly disclosure.

Holdings
56
Equity Allocation
75.68%
AMC
LIC Mutual Fund
Category
Hybrid

This page shows the complete disclosed portfolio of LIC MF BALANCED ADVANTAGE FUND, managed by LIC Mutual Fund, based on its monthly portfolio disclosure dated 30 September 2026. The fund holds 56 instruments with an equity allocation of 75.68%. Percentages are of net assets (% to NAV). Click any stock to see every other mutual fund that also holds it.

Portfolio Analysis

LIC MF BALANCED ADVANTAGE FUND's top 10 holdings account for 28.22% of its portfolio, in line with the Hybrid category average of 27.4%. Industrials is its largest sector exposure at 17.41% of net assets, spread across 8 sectors in total. Since its 31 August 2026 disclosure, the fund added 0 new positions and exited 1 position, with INDO-MIM LTD seeing the largest move (+0.9pp to 2.66%).

Sector Breakdown

Equity holdings grouped by sector, % to NAV. "Other" covers debt, cash and other non-equity instruments, plus any equity holding without a classified sector.

Other
24.35%
Industrials
17.41%
Financial Services
17.27%
Materials
12.57%
Healthcare
10.03%
Consumer Discretionary
8.61%
Information Technology
6.54%
Services
1.65%
Consumer Staples
1.6%

Top 10 Equity Holdings

What Changed: August 2026 → September 2026

Equity holdings compared between the fund's two latest monthly disclosures. Weights are % to NAV; weight moves can also reflect price changes, not only buying or selling.

1 exit2 increased10 reduced

Biggest Weight Increases

StockWeightChange
INDO-MIM LTD1.76% → 2.66%▲ +0.9
Divi's Laboratories Limited2.25% → 2.36%▲ +0.11

Biggest Weight Reductions

StockWeightChange
Shakti Pumps (India) Limited0.98% → 0.54%▼ -0.44
Kirloskar Oil Engines Limited1.81% → 1.41%▼ -0.4
PB Fintech Limited0.97% → 0.59%▼ -0.38
KEI Industries Limited2.02% → 1.67%▼ -0.35
Tata Consultancy Services Limited2.21% → 2.01%▼ -0.2
Radico Khaitan Limited1.8% → 1.6%▼ -0.2
Solar Industries India Limited2.41% → 2.22%▼ -0.19
Sirca Paints India Limited0.98% → 0.8%▼ -0.18
ICICI Bank Limited5.56% → 5.38%▼ -0.18
Shriram Finance Limited2.39% → 2.26%▼ -0.13

Top Holdings — Weight Trend

% to NAV of the fund's current top holdings over its last 6 monthly disclosures (Apr – Sept 2026).

Apr: 4.53%, May: 4.55%, Jun: 4.91%, Jul: 5.57%, Aug: 5.56%, Sept: 5.38%
5.38%
Apr: –, May: 3.9%, Jun: 4.15%, Jul: 4.08%, Aug: 3.7%, Sept: 3.75%
3.75%
Apr: 1.56%, May: 2.58%, Jun: 2.63%, Jul: 2.81%, Aug: 2.76%, Sept: 2.69%
2.69%
Apr: –, May: –, Jun: –, Jul: 1.27%, Aug: 1.76%, Sept: 2.66%
2.66%
Apr: 2.52%, May: 2.58%, Jun: 2.59%, Jul: 2.46%, Aug: 2.49%, Sept: 2.46%
2.46%

Full Portfolio (56 holdings)

#HoldingSector% to NAV
17.43% Jamnagar Utilities & Power Pvt. Ltdbond—6.35%
2TREPStreps—5.53%
3ICICI Bank LimitedFinancial Services5.38%
4Navin Fluorine International LimitedMaterials3.75%
5Sun Pharmaceutical Industries LimitedHealthcare2.69%
6INDO-MIM LTDIndustrials2.66%
7Larsen & Toubro LimitedIndustrials2.46%
8Net Receivables / (Payables)other—2.39%
9Divi's Laboratories LimitedHealthcare2.36%
107.47% Reliance Industries Ltd. (MD )bond—2.29%
11AU Small Finance Bank LimitedFinancial Services2.28%
12Shriram Finance LimitedFinancial Services2.26%
137.79% Bajaj Finance Limitedbond—2.25%
14Solar Industries India LimitedMaterials2.22%
15Info Edge (India) LimitedConsumer Discretionary2.16%
16Bajaj Finance LimitedFinancial Services2.13%
17Multi Commodity Exchange of India LimitedFinancial Services2.02%
18Tata Consultancy Services LimitedInformation Technology2.01%
19Coforge LimitedInformation Technology2.01%
20ETERNAL LIMITEDConsumer Discretionary1.96%
21Torrent Pharmaceuticals LimitedHealthcare1.95%
22KEI Industries LimitedIndustrials1.67%
23InterGlobe Aviation LimitedServices1.65%
24Bharat Heavy Electricals LimitedIndustrials1.65%
25CG Power and Industrial Solutions LimitedIndustrials1.65%
26Nippon Life India Asset Management LimitedFinancial Services1.64%
27Radico Khaitan LimitedConsumer Staples1.6%
28UltraTech Cement LimitedMaterials1.59%
29SRF LimitedMaterials1.59%
307.45% Bharti Telecom Limitedbond—1.59%
317.71% Government of India 2066bond—1.57%
327.22% Small Industries Development Bk of Indiabond—1.56%
33Persistent Systems LimitedInformation Technology1.53%
34Apollo Hospitals Enterprise LimitedHealthcare1.5%
35Hitachi Energy India LimitedIndustrials1.5%
36Thermax LimitedIndustrials1.43%
37Mahindra & Mahindra LimitedConsumer Discretionary1.42%
38Kirloskar Oil Engines LimitedIndustrials1.41%
39Endurance Technologies LimitedConsumer Discretionary1.41%
40Hindalco Industries LimitedMaterials1.19%
41Oracle Financial Services Software LimitedInformation Technology0.99%
42Karur Vysya Bank LimitedFinancial Services0.97%
43JSW Steel LimitedMaterials0.96%
44Neuland Laboratories LimitedHealthcare0.95%
45National Aluminium Company LimitedMaterials0.94%
46Eicher Motors LimitedConsumer Discretionary0.86%
47Siemens Energy India LimitedIndustrials0.86%
487.55% Indian Railway Finance Corporation Ltdbond—0.82%
49Sirca Paints India LimitedConsumer Discretionary0.8%
50Schneider Electric Infrastructure LimitedIndustrials0.61%
51PB Fintech LimitedFinancial Services0.59%
52Aster DM Healthcare LimitedHealthcare0.58%
53Quality Power Electrical Equipments LimitedIndustrials0.54%
54Shakti Pumps (India) LimitedIndustrials0.54%
55Garware Hi-Tech Films LimitedIndustrials0.43%
56JK Cement LimitedMaterials0.33%

Frequently Asked Questions

Yes. As of its 30 September 2026 disclosure, ICICI Bank Limited is 5.38% of LIC MF BALANCED ADVANTAGE FUND's net assets — its number 1 holding.
Yes. As of its 30 September 2026 disclosure, Navin Fluorine International Limited is 3.75% of LIC MF BALANCED ADVANTAGE FUND's net assets — its number 2 holding.
Yes. As of its 30 September 2026 disclosure, Sun Pharmaceutical Industries Limited is 2.69% of LIC MF BALANCED ADVANTAGE FUND's net assets — its number 3 holding.
Yes. As of its 30 September 2026 disclosure, INDO-MIM LTD is 2.66% of LIC MF BALANCED ADVANTAGE FUND's net assets — its number 4 holding.
Yes. As of its 30 September 2026 disclosure, Larsen & Toubro Limited is 2.46% of LIC MF BALANCED ADVANTAGE FUND's net assets — its number 5 holding.

New to reading these? See How to Read a Mutual Fund's Monthly Portfolio Disclosure, or check terms like % to NAV in the glossary.

Source: LIC Mutual Fund's SEBI-mandated monthly portfolio disclosure, dated 30 September 2026. Data is for information only, not investment advice. Holdings may have changed since the disclosure date.