SBI Balanced Advantage Fund – Direct Growth
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Invested Amount--
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Wealth Gained--
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Expected Amount--
Scheme Performance
| 1Y | 1Y | 3Y | 3Y | 5Y | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | 18.8% | - | - | 11% | ||||
| Category Average | 18.2% | 21.6% | 13.9% | - |
Scheme Allocation
Advance Ratio
Exit Load
| Exit Load | Nil - If units purchased or switched in from another scheme of the Fund are redeemed or switched out upto 10% of the units (the limit) purchased or switched on or before 1 year from the date o allotment. 1% - If units purchased or switched in from another scheme of the Fund are redeemed or switched out in excess of the limit on or before 1 year from the date of allotment Nil - If units purchasd or switched in from anoter scheme of the Fund are redeemed or switched out after 1 year from the date of allotment |
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Fund Objective
Fund House & Investment Objective
A hybrid mutual fund plan, the SBI Balanced Advantage Fund is offered by SBI Mutual Fund. Dinesh Ahuja, Gaurav Mehta, Mohit Jain, and Dinesh Balachandran are the fund managers for this plan, which officially opened on 31st August 2021. It is an open-ended hybrid mutual fund that dynamically allocates its assets between long equities, including arbitrage and debt securities depending on market conditions. In an equities market that is volatile, the objective of the fund is to maximise possible returns while minimising losses.
Since its launch, it has provided average annual returns of 6.72%. The majority of the fund’s stock holdings are spread among the banking, power, construction, computer and transportation industries. Compared to other funds in its category, it has reduced its exposure to the volatile financial and energy industries.
The risk rating for the SBI Balanced Advantage Fund Direct Growth is Moderately High. The Minimum SIP Investment has been set at 500. The minimum lump sum investment amount is 5,000. For units exceeding 10% of the investment, a 1% redemption fee will be assessed within one year.
Pros & Cons
| Pros | Cons |
|---|---|
| Maintains a balanced mix of equities and debt funds. | Slow returns compared to equities funds. |
| Professionally managed by experts. | Not suited for DIY investors. |
| Results in consistent returns. | Short term investment is not recommended. |
Who should invest in SBI Balanced Advantage Fund?
SBI Balanced Advantage Fund is a potential investment option for conservative investors who are seeking long-term capital gain at a level of risk that is acceptable to them. It provides a dynamic solution with the appropriate asset mix, which includes a component of both equity and debt. Keep in mind that your investment horizon is at least 3 years away and that your willingness for risk is relatively strong.
What are the benefits of investing in the SBI Balanced Advantage Fund?
Holding a portfolio that is well-balanced with stocks, bonds, and other investments is called diversification. However, it may be a time-consuming and laborious task to track the performance of several kinds of securities.
If you’re looking to diversify your holdings beyond just a few kinds of stocks and bonds, the SBI Balanced Advantage fund can do the job for you. If your investing goal and tolerance for risk are compatible with a mutual fund, you may invest in just one of these vehicles rather than keeping tabs on 10 separate ones.
Fund Managers
Dinesh Balachandran
Mr Dinesh Balachandran joined SBI MF as a Senior Credit Analyst in 2012 and currently holds the position of Head of Research. He currently manages an AUM of INR 38,525 crores. At SBI MF, Mr Balachandran manages SBI Balanced Advantage Fund, SBI Contra Fund, SBI Long Term Equity Fund, and SBI Multi-Asset Allocation Fund. Before joining SBI MF, he worked with Fidelity in the US.
Risk-O-Meter
Peer Comparison
- Fund Name
- Fund Size
- 1Y
- 3Y
- 5Y
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- 61,598
-
28.5%Fund Size - 61,598
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30.8%Fund Size - 61,598
-
16.8%Fund Size - 61,598
-
- 9,394
-
15%Fund Size - 9,394
-
16.6%Fund Size - 9,394
-
13.6%Fund Size - 9,394
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- 6,794
-
15.1%Fund Size - 6,794
-
16.2%Fund Size - 6,794
-
11.9%Fund Size - 6,794
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- 6,956
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13.7%Fund Size - 6,956
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16%Fund Size - 6,956
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11.7%Fund Size - 6,956
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- 49,102
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13.8%Fund Size - 49,102
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15.9%Fund Size - 49,102
-
12.3%Fund Size - 49,102
AMC Contact Details
Frequently Asked Questions
How to invest in SBI Balanced Advantage Fund – Direct Growth ?
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for SBI Balanced Advantage Fund – Direct Growth in the search box.
- Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"
What is the NAV of SBI Balanced Advantage Fund – Direct Growth ?
How to redeem SBI Balanced Advantage Fund – Direct Growth holding ?
What is the minimum sip amount of SBI Balanced Advantage Fund – Direct Growth?
What are the top sectors SBI Balanced Advantage Fund – Direct Growth has invested in?
- Debt - 29.47%
- Banks - 16.65%
- Automobiles - 4.72%
- Petroleum Products - 4.69%
- IT-Software - 4.48%
Can I make investments in both the SIP and Lump Sum schemes of SBI Balanced Advantage Fund – Direct Growth?
How much returns have SBI Balanced Advantage Fund – Direct Growth generated ?
What is the expense ratio of SBI Balanced Advantage Fund – Direct Growth ?
What is the AUM of SBI Balanced Advantage Fund – Direct Growth?
What are the top stock holdings of SBI Balanced Advantage Fund – Direct Growth?
- ICICI Bank - 5.75%
- HDFC Bank - 5.57%
- Axis Bank - 3.56%
- Reliance Industr - 3.01%
- Larsen & Toubro - 2.77%
How can I redeem my investments in SBI Balanced Advantage Fund – Direct Growth?
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select SBI Balanced Advantage Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.
Is there any lock in period for SBI Balanced Advantage Fund - Direct Growth?
No, there is no lock in period for SBI Balanced Advantage Fund – Direct Growth.