SBI Balanced Advantage Fund Direct Growth
Hybrid
Direct
Dynamic Asset Allocation
NAV as on 02-01-2025
₹ 15.26
▲0.5%
1D
Inception Returns
13.5%
/yr
About SBI Balanced Advantage Fund Direct Growth
SBI Balanced Advantage Fund invests in a mix of stocks and debt securities with the aim of providing investors with both capital appreciation and income safety.SBI Balanced Advantage Fund is a mutual fund scheme that aims to provide investors with long-term capital appreciation along with the benefit of asset allocation.This is a dynamic fund which means that the fund manager has the liberty to change allocation between equity and debt according to prevalent market conditions.This fund is suitable for investors who are looking for a well-managed, diversified investment portfolio that aims to provide long-term capital growth.
Key Parameters
- SBI Balanced Advantage Fund Direct Growth has ₹33187 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Returns
SBI Balanced Advantage Fund Direct Growth has given a CAGR return of 13.50% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 15.04% and 14.13% respectively.
Holdings
SBI Balanced Advantage Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Corporate, Energy, Utilities, Industrial, Consumer Cyclical, Tech, Health, Real Estate, Communication, Consumer Defensive, Basic Materials, Securitize.
Taxation
As it is a dynamic asset allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of SBI Balanced Advantage Fund Direct Growth
To provide long term capital appreciation / income from a dynamic mix of equity and debt investments. However, there can be no assurance that the investment objective of the Scheme will be realized
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Balanced Advantage Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for SBI Balanced Advantage Fund Direct Growth
SBI Balanced Advantage Fund Direct Growth Overview
| Expense ratio | 0.67% |
Benchmark | Nifty 50 Hybrid Composite Debt 50:50 |
| AUM | ₹33187 Cr |
| Inception Date | 31 August, 2021 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 83.02% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   High Risk |
Trailing Returns
as on (02-Jan-25)
Fund Distribution
as on (30-Nov-24)
- AUM of the fund stands at 33.2K Cr as of Nov'24
- AUM increased by 526.1 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Financial Services, Government & Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.19% | -7.8% | |
 Reliance Industries Ltd | 4% | 22% | |
 Bharti Airtel Ltd | 3.33% | 2% | |
 GAIL (India) Ltd | 3.14% | 0% | |
 Larsen & Toubro Ltd | 2.25% | 0% |
SBI Balanced Advantage Fund Direct Growth Highlights
High Risk
About the fund
Fund Allocations
AUM size ₹33187 Cr
Expense Ratio 0.67%
Frequently Asked Questions for SBI Balanced Advantage Fund Direct Growth
SBI Balanced Advantage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.06% | -0.06% |
6 Month Returns | 2.51% | 2.51% |
1 Year Returns | 15.04% | 15.04% |
3 Years Returns | 48.68% | 14.13% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 72.63 |
AA | 21.2 |