SBI Balanced Advantage Fund – Direct Growth

500
Min SIP
5,000
Min Lumpsum
0.72 %
Expense Ratio
Rating
27,487
Fund Size (in Cr)
3 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 28 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 27.4% - - 14.2%
Category Average 24.2% 14.6% 16.4% -

Scheme Allocation

By Holding
By Sector
By Asset
4.8%
4.53%
3.41%
3.35%
3.07%
Others
80.84%
View all Holdings
Holdings Sector Instrument Asset
ICICI Bank Banks Equity 4.8%
HDFC Bank Banks Equity 4.53%
Axis Bank Banks Equity 3.41%
GAIL (India) Gas Distribution Equity 3.35%
Tata Motors Automobile Equity 3.07%
Reliance Industr Refineries Equity 2.7%
Bharti Airtel Telecomm-Service Equity 2.61%
I O C L Refineries Equity 2.35%
Tata Steel Steel Equity 2.25%
Tech Mahindra IT - Software Equity 2.18%
Larsen & Toubro Infrastructure Developers & Operators Equity 1.95%
CESC Power Generation & Distribution Equity 1.77%
DLF Realty Equity 1.73%
Sun Pharma.Inds. Pharmaceuticals Equity 1.65%
Torrent Power Power Generation & Distribution Equity 1.58%
M & M Automobile Equity 1.44%
St Bk of India Banks Equity 1.23%
Ashok Leyland Automobile Equity 1.17%
Cipla Pharmaceuticals Equity 1.01%
Biocon Pharmaceuticals Equity 0.98%
Petronet LNG Gas Distribution Equity 0.98%
HDFC AMC Finance Equity 0.94%
O N G C Crude Oil & Natural Gas Equity 0.92%
United Spirits Alcoholic Beverages Equity 0.89%
Power Grid Corpn Power Generation & Distribution Equity 0.89%
Sona BLW Precis. Auto Ancillaries Equity 0.87%
Gateway Distri Logistics Equity 0.86%
Life Insurance Insurance Equity 0.84%
ICICI Pru Life Insurance Equity 0.79%
HCL Technologies IT - Software Equity 0.79%
ITC Tobacco Products Equity 0.77%
TCS IT - Software Equity 0.72%
Cummins India Capital Goods-Non Electrical Equipment Equity 0.72%
Hind. Unilever FMCG Equity 0.68%
B P C L Refineries Equity 0.67%
Carborundum Uni. Capital Goods-Non Electrical Equipment Equity 0.65%
Delhivery Logistics Equity 0.65%
Tata Power Co. Power Generation & Distribution Equity 0.62%
SBI Life Insuran Insurance Equity 0.58%
Maruti Suzuki Automobile Equity 0.57%
Grasim Inds Textiles Equity 0.53%
Interglobe Aviat Air Transport Service Equity 0.49%
Wipro IT - Software Equity 0.48%
ICICI Lombard Insurance Equity 0.45%
Container Corpn. Logistics Equity 0.39%
Lupin Pharmaceuticals Equity 0.35%
Go Fashion (I) Textiles Equity 0.33%
ACC Cement Equity 0.3%
Kotak Mah. Bank Banks Equity 0.27%
Infosys IT - Software Equity 0.26%
Jio Financial Finance Equity 0.18%
Bajaj Finserv Finance Equity 0.16%
JSW Steel Steel Equity 0.15%
Canara Bank Banks Equity 0.14%
Bajaj Finance Finance Equity 0.12%
Exide Inds. Auto Ancillaries Equity 0.09%
Asian Paints Paints/Varnish Equity 0.08%
Shree Cement Cement Equity 0.08%
Federal Bank Banks Equity 0.07%
Dr Reddy's Labs Pharmaceuticals Equity 0.05%
Crompton Gr. Con Consumer Durables Equity 0.03%
Indian Energy Ex Miscellaneous Equity 0.02%
H P C L Refineries Equity 0.02%
HDFC Life Insur. Insurance Equity 0.02%
Aurobindo Pharma Pharmaceuticals Equity 0.01%
Apollo Hospitals Healthcare Equity 0.01%
Bank of Baroda Banks Equity 0.01%
RBL Bank Banks Equity 0.01%
LTIMindtree IT - Software Equity 0%
Debt
27.07%
Banks
14.47%
Petroleum Products
5.74%
Automobiles
5.08%
Power
4.86%
Others
42.78%
View all Sectors
Sectors Asset
Debt 27.07%
Banks 14.47%
Petroleum Products 5.74%
Automobiles 5.08%
Power 4.86%
IT-Software 4.43%
Gas 4.33%
Pharmaceuticals & Biotech 4.05%
Insurance 2.68%
Telecom-Services 2.61%
Ferrous Metals 2.4%
Transport Services 2.39%
Construction 1.95%
Realty 1.73%
Cash & Others 1.61%
Diversified FMCG 1.45%
Industrial Products 1.37%
Others 1.24%
Agricultural, Commercial 1.17%
Capital Markets 0.96%
Auto Components 0.96%
Oil 0.92%
Cement & Cement Products 0.92%
Beverages 0.89%
Finance 0.46%
Retailing 0.33%
Consumer Durables 0.11%
Healthcare Services 0.01%
Equity
66.27%
Govt Securities / Sovereign
11.4%
Corporate Debentures
8.7%
Reverse Repos
5.04%
InvITs
2.72%
Others
5.87%
View all Assets
Assets Asset
Equity 66.27%
Govt Securities / Sovereign 11.4%
Corporate Debentures 8.7%
Reverse Repos 5.04%
InvITs 2.72%
Debt & Others 1.93%
Net Curr Ass/Net Receivables 1.61%
Foreign Equity 1.12%
REITs 1.09%
Derivatives 0.12%

Advance Ratio

4.69
Alpha
1.83
SD
0.47
Beta
0.97
Sharpe

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

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

AMC Contact Details

SBI Mutual Fund
AUM:
8,28,312 Cr
Address:
9th Floor,Crescenzo, C-39&39, G Block, Bandra kurla complex, Bandra (east), Mumbai-400 051.
Contact:
022-61793000
Email ID:
partnerforlife@sbimf.com

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Frequently Asked Questions

How to invest in SBI Balanced Advantage Fund – Direct Growth ?

You can invest in SBI Balanced Advantage Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • 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 ?

The NAV of SBI Balanced Advantage Fund – Direct Growth is ₹13.8 as of 28 February 2024.

How to redeem SBI Balanced Advantage Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of SBI Balanced Advantage Fund – Direct Growth?

The minimum SIP amount of SBI Balanced Advantage Fund – Direct Growth is ₹500

What are the top sectors SBI Balanced Advantage Fund – Direct Growth has invested in?

The top sectors SBI Balanced Advantage Fund – Direct Growth has invested in are
  1. Debt - 27.07%
  2. Banks - 14.47%
  3. Petroleum Products - 5.74%
  4. Automobiles - 5.08%
  5. Power - 4.86%

Can I make investments in both the SIP and Lump Sum schemes of SBI Balanced Advantage Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of SBI Balanced Advantage Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have SBI Balanced Advantage Fund – Direct Growth generated ?

The SBI Balanced Advantage Fund – Direct Growth has delivered 14.2% since inception

What is the expense ratio of SBI Balanced Advantage Fund – Direct Growth ?

The expense ratio of SBI Balanced Advantage Fund – Direct Growth is 0.72 % as of 28 February 2024.

What is the AUM of SBI Balanced Advantage Fund – Direct Growth?

The AUM of SBI Balanced Advantage Fund – Direct Growth is ₹8,28,312 Cr as of 28 February 2024

What are the top stock holdings of SBI Balanced Advantage Fund – Direct Growth?

The top stock holdings of SBI Balanced Advantage Fund – Direct Growth are
  1. ICICI Bank - 4.8%
  2. HDFC Bank - 4.53%
  3. Axis Bank - 3.41%
  4. GAIL (India) - 3.35%
  5. Tata Motors - 3.07%

How can I redeem my investments in SBI Balanced Advantage Fund – Direct Growth?

Step 1: Visit the fund house's website
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.

Invest Now