LIC MF Aggressive Hybrid Fund vs LIC MF Balanced Advantage Fund
Direct Plan, Growth option · Data as on 30-10-2026
LIC MF Aggressive Hybrid Fund is an Aggressive Hybrid fund and LIC MF Balanced Advantage Fund is a Balanced Advantage fund. In the 3 years to 30-10-2026, LIC MF Aggressive Hybrid Fund (Direct) returned 10.6% a year and LIC MF Balanced Advantage Fund (Direct) returned 7.6% a year. LIC MF Aggressive Hybrid Fund charges 1.83% a year and LIC MF Balanced Advantage Fund 1.44% (Direct plans). Their portfolios overlap 29.6%: they hold 22 of the same securities.
LIC MF Aggressive Hybrid Fund
Aggressive Hybrid
- 3 year return
- 10.6%
- Expense ratio
- 1.83%
- NAV
- ₹222.92
LIC MF Balanced Advantage Fund
Balanced Advantage
- 3 year return
- 7.6%
- Expense ratio
- 1.44%
- NAV
- ₹14.27
Which is better, LIC MF Aggressive Hybrid or LIC MF Balanced Advantage? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- LIC MF Aggressive Hybrid returned more over 3 years: 10.6% a year against 7.6%.
- LIC MF Aggressive Hybrid returned more over 1 year: −2.8% against −3.6%.
- LIC MF Balanced Advantage costs less: 1.44% a year against 1.83% (Direct plans).
- LIC MF Balanced Advantage swung less over 3 years: a standard deviation of 8.9% a year against 11.5%.
- LIC MF Balanced Advantage fell less in its worst fall since 15-11-2021: −9.4% against −15.1%.
- LIC MF Balanced Advantage holds more in large companies: 39.4% of the fund in large caps against 22.2%.
- LIC MF Balanced Advantage is the larger fund: ₹653 Cr against ₹561 Cr.
- Their portfolios overlap 29.6%: 22 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | LIC MF Aggressive Hybrid Fund | LIC MF Balanced Advantage Fund |
|---|---|---|
| Fund house | LIC Mutual Fund | LIC Mutual Fund |
| Category | Aggressive Hybrid | Balanced Advantage |
| AUM | ₹561 Cr (30-09-2026) | ₹653 Cr (30-09-2026) |
| NAV | ₹222.92 (Direct) | ₹14.27 (Direct) |
| Expense ratio (Direct) | 1.83% | 1.44% |
| Expense ratio (Regular) | 2.89% | 2.86% |
| Riskometer | Very High | Very High |
| Benchmark | CRISIL Hybrid 35+65 - Aggressive Index | NIFTY 50 Hybrid Composite Debt 50:50 Index |
| Launch date | 01-01-1991 | 12-11-2021 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Siddharth Panjwani, Pratik Harish Shroff | Mahesh Bendre, Rahul Singh |
| Exit load | Exit Load for units in excess of 12% of the investment,1% will be charged for redemption within 3 months. | • 12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 3 months from the date of allotment of units. • 1% on remaining units if redeemed or switched out on or before completion of 3 months from the date of allotment of units • Nil, if redeemed or switched out after completion of 3 months from the date of allotment of units |
LIC MF Aggressive Hybrid vs LIC MF Balanced Advantage: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| LIC MF Aggressive Hybrid Fund (Direct) | −3.85% | −1.49% | +1.34% | −2.79% | +10.61% | +8.01% | +9.39% |
| LIC MF Balanced Advantage Fund (Direct) | −1.92% | −2.62% | +0.53% | −3.59% | +7.58% | -- | -- |
| Aggressive Hybrid average | −0.88% | −3.67% | −0.27% | −3.33% | +10.77% | +9.35% | +11.60% |
| Balanced Advantage average | −0.55% | −2.88% | +0.08% | −2.08% | +9.14% | -- | -- |
Category average: the average of the 29 Aggressive Hybrid funds and the 38 Balanced Advantage funds, same plan type.
LIC MF Aggressive Hybrid vs LIC MF Balanced Advantage: Year-wise Returns
| Year | Aggressive HybridLIC MF Aggressive Hybrid | Balanced AdvantageLIC MF Balanced Advantage |
|---|---|---|
| 2026to date | −2.86% | −2.82% |
| 2025 | +6.73% | +4.80% |
| 2024 | +18.27% | +13.92% |
| 2023 | +20.58% | +15.21% |
| 2022 | −1.07% | +7.27% |
| 2021 | +16.96% | -- |
LIC MF Aggressive Hybrid vs LIC MF Balanced Advantage: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 481 of them, one for each trading day from 18-11-2024 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
LIC MF Aggressive Hybrid Fund (Direct)
LIC MF Balanced Advantage Fund (Direct)
to
Jan 2025May 2022
to
May 2025Sept 2022
to
Sept 2025Jan 2023
to
Jan 2026May 2023
to
May 2026Sept 2023
to
Sept 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LIC MF Aggressive Hybrid | 0.0 | 0.0 | 2.5 | 81.5 | 16.0 | 0.0 | 0.0 | 13.3% | 13.3% | 9.2% | 18.5% |
| LIC MF Balanced Advantage | 0.0 | 0.0 | 31.8 | 65.5 | 2.7 | 0.0 | 0.0 | 10.9% | 11.0% | 6.9% | 15.7% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 15-11-2021. Past returns do not promise future returns.
LIC MF Aggressive Hybrid vs LIC MF Balanced Advantage: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 01-11-2021 to 30-10-2026: 60 instalments, ₹6,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| LIC MF Aggressive HybridLIC MF Aggressive Hybrid Fund (Direct) | ₹6,00,000 | ₹7,33,968 | ₹1,33,968 | 8.0% |
| LIC MF Balanced AdvantageLIC MF Balanced Advantage Fund (Direct) | ₹6,00,000 | ₹6,99,947 | ₹99,947 | 6.1% |
LIC MF Aggressive HybridLIC MF Aggressive Hybrid Fund (Direct)
LIC MF Balanced AdvantageLIC MF Balanced Advantage Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
LIC MF Aggressive Hybrid vs LIC MF Balanced Advantage: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | LIC MF Aggressive Hybrid Fund (Direct) | LIC MF Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | −2.79% | −3.59% |
| Standard deviation | 12.16% | 9.78% |
| Sharpe ratio | -0.66 | -0.90 |
| Sortino ratio | -0.87 | -1.20 |
| Maximum drawdown | −12.4% (30-03-2026) | −8.9% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | LIC MF Aggressive Hybrid Fund (Direct) | LIC MF Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +10.61% | +7.58% |
| Standard deviation | 11.54% | 8.87% |
| Sharpe ratio | 0.40 | 0.18 |
| Sortino ratio | 0.54 | 0.24 |
| Maximum drawdown | −15.1% (03-03-2025) | −9.4% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | LIC MF Aggressive Hybrid Fund (Direct) | LIC MF Balanced Advantage Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.92% | +7.40% |
| Standard deviation | 12.02% | 8.20% |
| Sharpe ratio | 0.32 | 0.19 |
| Sortino ratio | 0.43 | 0.26 |
| Maximum drawdown | −28.2% (23-03-2020) | −9.4% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 03-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
LIC MF Aggressive Hybrid Fund (Direct)
LIC MF Balanced Advantage Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| LIC MF Aggressive Hybrid Fund (Direct) | −15.1% | 26-09-2024 | 03-03-2025 | 26-06-2025 | 4 months | −5.9% |
| LIC MF Balanced Advantage Fund (Direct) | −9.4% | 27-06-2025 | 30-03-2026 | 03-08-2026 | 4 months | −6.7% |
From daily values since 15-11-2021, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
LIC MF Aggressive Hybrid Fund (Direct)
LIC MF Balanced Advantage Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
LIC MF Aggressive Hybrid Fund (Direct)
LIC MF Balanced Advantage Fund (Direct)
LIC MF Aggressive Hybrid vs LIC MF Balanced Advantage: Portfolio Overlap
From each fund's latest monthly portfolio: LIC MF Aggressive Hybrid Fund, September 2026; LIC MF Balanced Advantage Fund, September 2026
Holdings in common
- Overlap
- 29.6%
- Held by both
- 22
- Only in LIC MF Aggressive Hybrid
- 34
- Only in LIC MF Balanced Advantage
- 32
| Security | % of LIC MF Aggressive Hybrid | % of LIC MF Balanced Advantage |
|---|---|---|
| INDO-MIM Ltd. | 5.00% | 2.66% |
| 7.47% Reliance Industries Ltd. | 2.66% | 2.29% |
| Solar Industries India Ltd. | 2.74% | 2.22% |
| Info Edge (India) Ltd. | 2.67% | 2.16% |
| Multi Commodity Exchange Of India Ltd. | 2.23% | 2.02% |
| Eternal Ltd. | 2.57% | 1.96% |
| Torrent Pharmaceuticals Ltd. | 2.39% | 1.95% |
| ICICI Bank Ltd. | 1.65% | 5.38% |
| Hitachi Energy India Ltd. | 2.78% | 1.50% |
| Thermax Ltd. | 1.91% | 1.43% |
| Mahindra & Mahindra Ltd. | 1.72% | 1.42% |
| Shriram Finance Ltd. | 1.23% | 2.26% |
| Bajaj Finance Ltd. | 1.20% | 2.13% |
| National Aluminium Company Ltd. | 1.21% | 0.94% |
| 7.43% Jamnagar Utilities & Power Pvt. Ltd. | 0.92% | 6.35% |
| Apollo Hospitals Enterprise Ltd. | 0.88% | 1.50% |
| 7.79% Bajaj Finance Ltd. | 0.87% | 2.25% |
| Schneider Electric Infrastructure Ltd. | 1.45% | 0.61% |
| Aster DM Quality Care Ltd. | 1.79% | 0.58% |
| Garware Hi-Tech Films Ltd. | 1.73% | 0.43% |
| PB Fintech Ltd. | 0.38% | 0.59% |
| JK Cement Ltd. | 2.26% | 0.33% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 29.6% means 29.6% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in LIC MF Aggressive Hybrid Fund
| Security | % of fund |
|---|---|
| Sansera Engineering Ltd. | 5.01% |
| Aurobindo Pharma Ltd. | 2.97% |
| FSN E-Commerce Ventures Ltd. | 2.85% |
| 7.48% National Bk for Agriculture & Rural Dev. | 2.67% |
| Samvardhana Motherson International Ltd. | 2.18% |
Largest holdings only in LIC MF Balanced Advantage Fund
| Security | % of fund |
|---|---|
| Navin Fluorine International Ltd. | 3.75% |
| Sun Pharmaceutical Industries Ltd. | 2.69% |
| Larsen & Toubro Ltd. | 2.46% |
| Divi's Laboratories Ltd. | 2.36% |
| AU Small Finance Bank Ltd. | 2.28% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | LIC MF Aggressive Hybrid | LIC MF Balanced Advantage |
|---|---|---|
| Equity | 70.8% | 75.7% |
| Debt | 23.5% | 16.4% |
| Cash and others | 5.8% | 7.9% |
Market cap of stocks
| Market cap | LIC MF Aggressive Hybrid | LIC MF Balanced Advantage |
|---|---|---|
| Large Cap | 22.2% | 39.4% |
| Mid Cap | 25.0% | 23.6% |
| Small Cap | 18.0% | 10.0% |
| Not on AMFI's list | 5.5% | 2.7% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | LIC MF Aggressive Hybrid | LIC MF Balanced Advantage |
|---|---|---|
| Retailing | 9.6% | 4.1% |
| Electrical Equipment | 9.4% | 8.2% |
| Auto Components | 8.8% | 1.4% |
| Banks | 3.5% | 8.6% |
| Pharmaceuticals & Biotechnology | 7.4% | 8.0% |
| Chemicals & Petrochemicals | 2.7% | 7.6% |
| IT - Software | 1.2% | 6.5% |
| Industrial Manufacturing | 5.0% | 2.7% |
| Finance | 2.4% | 4.4% |
| Automobiles | 3.5% | 2.3% |
The six largest sectors of each fund's stocks, % of the fund.
LIC MF Aggressive Hybrid vs LIC MF Balanced Advantage: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | LIC MF Aggressive Hybrid Fund | LIC MF Balanced Advantage Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.83% | 1.44% |
| Base expense ratio (Direct) | 1.14% | 0.79% |
| Total expense ratio (Regular) | 2.89% | 2.86% |
| Base expense ratio (Regular) | 2.09% | 2.06% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare LIC MF Aggressive Hybrid with
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- LIC MF Balanced Advantage vs Axis Balanced Advantage
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LIC MF Aggressive Hybrid Fund vs LIC MF Balanced Advantage Fund: Frequently Asked Questions
What is the difference between LIC MF Aggressive Hybrid Fund and LIC MF Balanced Advantage Fund?
LIC MF Aggressive Hybrid Fund is an Aggressive Hybrid fund, LIC MF Balanced Advantage Fund is a Balanced Advantage fund, run by LIC Mutual Fund. Their portfolios overlap 29.6%. LIC MF Aggressive Hybrid Fund charges 1.83% a year and LIC MF Balanced Advantage Fund 1.44%.
Which has given higher returns, LIC MF Aggressive Hybrid Fund or LIC MF Balanced Advantage Fund?
Over 1 year: LIC MF Aggressive Hybrid Fund −2.79%, LIC MF Balanced Advantage Fund −3.59%. Over 3 years: LIC MF Aggressive Hybrid Fund +10.61% a year, LIC MF Balanced Advantage Fund +7.58% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, LIC MF Aggressive Hybrid Fund or LIC MF Balanced Advantage Fund?
LIC MF Balanced Advantage Fund charges less: 1.44% a year against 1.83%. These are the Direct plans' total expense ratios reported to AMFI.
How much do LIC MF Aggressive Hybrid Fund and LIC MF Balanced Advantage Fund overlap?
29.6%. They hold 22 of the same securities, the largest shared ones being INDOMIM, 7.47% Reliance Industries Ltd., SOLARINDS. From each fund's latest monthly portfolio.
Which is riskier, LIC MF Aggressive Hybrid Fund or LIC MF Balanced Advantage Fund?
On SEBI's riskometer, LIC MF Aggressive Hybrid Fund is rated Very High and LIC MF Balanced Advantage Fund Very High. Over 3 years, the standard deviation of daily returns was 11.54% and 8.87% a year.
Which is better for SIP, LIC MF Aggressive Hybrid Fund or LIC MF Balanced Advantage Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,94,679 in LIC MF Aggressive Hybrid Fund (XIRR 4.1% a year) and ₹3,86,005 in LIC MF Balanced Advantage Fund (XIRR 2.7% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both LIC MF Aggressive Hybrid Fund and LIC MF Balanced Advantage Fund?
Yes. 29.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages LIC MF Aggressive Hybrid Fund and LIC MF Balanced Advantage Fund?
LIC MF Aggressive Hybrid Fund: Siddharth Panjwani, Pratik Harish Shroff. LIC MF Balanced Advantage Fund: Mahesh Bendre, Rahul Singh.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.