SBI Multi Asset Allocation Fund Direct Growth
Hybrid
Direct
Multi Asset Allocation
NAV as on 20-01-2025
₹ 60.85
▲0.2%
1D
Inception Returns
12.2%
/yr
About SBI Multi Asset Allocation Fund Direct Growth
SBI Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 19 March, 2013. The fund is managed by Mansi Sajeja, Dinesh Balachandran. This fund gives you the benefit of diversification.
Key Parameters
- SBI Multi Asset Allocation Fund Direct Growth has ₹6983 Cr worth of assets under management (AUM) as on Nov 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Returns
SBI Multi Asset Allocation Fund Direct Growth has given a CAGR return of 12.23% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.07%, 14.70% and 14.56% respectively.
Holdings
SBI Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Corporate, Financial Services, Consumer Cyclical, Cash Equivalent, Tech, Industrial, Government, Securitize, Energy, Basic Materials, Utilities, Consumer Defensive, Health, Real Estate, Communication.
Taxation
As it is a multi 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 Multi Asset Allocation Fund Direct Growth
To provide the investors an opportunity to invest in an actively managed portfolio of multiple asset classes.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Multi Asset Allocation Fund Direct Growth has no lock in period.
Historical NAV & Returns
SBI Multi Asset Allocation Fund Direct Growth Overview
| Expense ratio | 0.54% |
Benchmark | null |
| AUM | ₹6983 Cr |
| Inception Date | 19 March, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 49.44% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   High Risk |
Trailing Returns
as on (20-Jan-25)
Fund Distribution
as on (30-Nov-24)
- AUM of the fund stands at 7K Cr as of Dec'24
- AUM increased by 140 Cr between Dec'24 and Nov'24
Top 3 Sectors in December were Corporate, Financial Services & Consumer Cyclical
SBI Multi Asset Allocation Fund Direct Growth Highlights
High Risk
About the fund
Fund Allocations
AUM size ₹6983 Cr
Expense Ratio 0.54%
Frequently Asked Questions for SBI Multi Asset Allocation Fund Direct Growth
SBI Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.22% | 0.22% |
6 Month Returns | 0.52% | 0.52% |
1 Year Returns | 13.07% | 13.07% |
3 Years Returns | 50.89% | 14.7% |
5 Years Returns | 97.29% | 14.56% |
- 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.
AA | 61.76 |
AAA | 32.6 |
A | 3.39 |