LICMF Balanced Advantage Fund NFO

 

NFO Details:

• New Fund Offer Opens on: 20/10/2021 
• New Fund Offer Closes on: 03/11/2021 
• Scheme Reopens on: 15/11/2021

About LICMF Balanced Advantage Fund (LICMF BAF)

• A  type of Hybrid Fund 
• Adopts asset allocation strategy 
• Using FDMM (Fundamental Driven Mathematical Model) 
• Equity allocation may increase or decrease depending on the model output. 
• Our Model considers current economic outlook & fundamentals of corporate world. 

Investment Objective

The investment objective of the scheme is to provide capital appreciation/ income to the investors from a dynamic mix of equity, debt and money market instruments. The Scheme seeks to reduce the volatility by diversifying the assets across equity, debt and money market instruments. However, there is no assurance or guarantee that the investment objective of the Scheme will be realized.

How LIC MF BAF is different from existing schemes of LICMF? 

LIC MF BAF is an open ended hybrid fund that dynamically manages portfolio of equity and equity related instruments (including derivative/ arbitrage exposure), debt and money market instruments. The fund endeavours to reduce the volatility, minimizes the downside during falling market and participate in upside during the rising market.  

LICMF BAF Portfolio Construct

• Equity 
• Stock Selection
• Capital Appreciation
• Arbitrage
• Provide Hedge
• Endeavour Equity Tax Benefit 
• Debt 
• Stability
• Liquidity  

Features

• Dynamic Asset allocation using Fundamental Parameters 
• Net Equity allocation can range from 0% to 100% 
• Rebalancing of portfolio happens on dynamic basis 
• 1% exit load for redemption before 1 year to be charged only above 12% of units allotted 

This product is suitable for investors who are seeking*

• Capital appreciation over a long period of time.
• Investments in a dynamically managed portfolio of equity and equity related instruments, debt and money market instruments.
• Risk – Very High