-
Would Have Become--
-
Invested Value--
-
Total Gain--
-
Returns-- per annum
| ₹500 | ₹5,000 | 0.7 % | 0★ | ₹21,859 | 2 Years |
|---|---|---|---|---|---|
| Min SIP | Min Lumpsum | Expense Ratio | Rating | Fund Size (in Cr) | Fund Age |
| ₹500 | ₹5,000 | 0.7 % |
|---|---|---|
| Min SIP | Min Lumpsum | Expense Ratio |
| 0★ | ₹21,859 Cr | 2 Years |
| Rating | Fund Size | Fund Age |
Scheme 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. |
How to invest in SBI Balanced Advantage Fund?
Investing in the SBI Balanced Advantage Fund is made simple, quick, and completely paperless with 5 Paisa. And doing so takes just a few moments. The following is what you are going to need to do:
What is the expense ratio of the SBI Balanced Advantage Fund?
The Expense Ratio of a Mutual Fund represents the yearly fees you pay to the Mutual Fund provider for the management of your assets in that fund. The Expense Ratio is expressed as a percentage of Assets Under Management (AUM) and is deducted from the fund’s returns.
Therefore, a fund with a lower cost ratio is always preferable, since a lesser portion of the returns will be deducted, leaving you with more returns.
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.
Scheme Performance
| 1 Year | 1Y | 3 Years | 3Y | 5 Years | 5Y | Max | Max | |
|---|---|---|---|---|---|---|---|---|
| Trailing Returns | 6.6% | - | - | 6.2% | ||||
| Category Average | 1.7% | 32.4% | 13.3% | - |
Scheme Allocation
Fund House Details
SBI Balanced Advantage Fund
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 |
|---|
Advance Ratio
| 0.01 | 0.4 | 0.38 | 0.04 |
| Alpha | SD | Beta | Sharpe |
Risk-O-Meter
Other Funds from the same Fund House
-
-
-
-
Hybrid | Multi Asset Allocation Mutual Funds | 3
5.9%16.1%9.6%1Y3Y5Y -
Peer Comparison
-
Hybrid | Dynamic Asset Allocation or Balanced Advantage | 4
6.7%19.7%10.4%1Y3Y5Y -
Hybrid | Dynamic Asset Allocation or Balanced Advantage | 4
4.5%18.6%9.7%1Y3Y5Y -
Hybrid | Dynamic Asset Allocation or Balanced Advantage | 3
5.3%17.1%10.1%1Y3Y5Y -
Hybrid | Dynamic Asset Allocation or Balanced Advantage | 3
3.5%13.4%8.0%1Y3Y5Y -
Hybrid | Dynamic Asset Allocation or Balanced Advantage | 5
3.9%11.9%7.2%1Y3Y5Y
AMC Contact Details
Frequently Asked Questions
- Login to your 5paisa account, Go to the Mutual Funds section.
- Search for SBI Balanced Advantage Fund 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"
- ICICI Bank - 5.77%
- Axis Bank - 3.5%
- H D F C - 3.45%
- HDFC Bank - 3.44%
- ITC - 3.09%
- ICICI Bank - 5.77%
- Axis Bank - 3.5%
- H D F C - 3.45%
- HDFC Bank - 3.44%
- ITC - 3.09%
