Hybrid
Direct
Multi Asset Allocation
NAV as on 06-09-2024
₹ 61.54
1D
Inception Returns
12.8%
/yr
SBI Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 19 March, 2013. The fund is managed by Raj gandhi, Dinesh Balachandran, Mohit Jain. This fund gives you the benefit of diversification.
SBI Multi Asset Allocation Fund Direct Growth has given a CAGR return of 12.76% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 25.76%, 16.01% and 16.15% respectively.
SBI Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Corporate, Financial Services, Consumer Cyclical, Cash Equivalent, Government, Industrial, Tech, Basic Materials, Utilities, Health, Real Estate, Securitize, Energy, Consumer Defensive, Communication.
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).
To provide the investors an opportunity to invest in an actively managed portfolio of multiple asset classes.
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.
Expense ratio | 0.53% |
Benchmark | null |
AUM | ₹5866 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 within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | High Risk |
as on (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Corporate, Government & Financial Services
SBI Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.14% | 3.14% |
6 Month Returns | 12.29% | 12.29% |
1 Year Returns | 25.76% | 25.76% |
3 Years Returns | 56.15% | 16.01% |
5 Years Returns | 111.39% | 16.15% |
AA | 55.53 |
AAA | 35.93 |
A | 4.92 |