SBI Multi Asset Allocation Fund Direct Plan Growth
Hybrid
Direct
Multi Asset Allocation
NAV: ₹ 57.5 as on 16-05-2024
About the Fund
SBI Multi Asset Allocation Fund Direct Plan Growth is a hybrid fund. This fund was started on 19 March, 2013. The fund is managed by Dinesh Balachandran, Raj gandhi, Mohit Jain. This fund gives you the benefit of diversification.
Key Parameters
- SBI Multi Asset Allocation Fund Direct Plan Growth has ₹4677 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Fund Performance
629 people have invested ₹ 1.7Cr in SBI Multi Asset Allocation Fund Direct Plan Growth in the last three months
Overview
 | 0.56% |
 Benchmark | null |
 | ₹4677 Cr |
 | 19 March, 2013 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 27.14% |
SBI Multi Asset Allocation Fund Direct Plan Growth Distribution as on (30-Apr-24)
Size breakup
Small cap
19%
Large cap
18.5%
Mid cap
12.5%
Sector Allocation
Financial Services
23.5%
Basic Materials
12.8%
Tech
12.2%
Consumer Cyclical
10.5%
Industrial
8.9%
Utilities
7.5%
Health
7%
Real Estate
6.9%
Consumer Defensive
5.1%
Energy
3.9%
Communication
1.7%
Top Holdings of SBI Multi Asset Allocation Fund Direct Plan Growth as on (30-Apr-24)
Equity Holdings54
Debt Holdings30
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 4.7K Cr as of Apr'24
- AUM increased by 447.6 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 110.3% growth in AUM moving from 2.22K Cr to 4.67K Cr.
In the last 3 years, Quant Multi Asset Fund Growth Option Direct Plan has given 26.25% return, outperforming this fund by 10.12% per annum.
In the last 5 years, Quant Multi Asset Fund Growth Option Direct Plan has given 29.84% return, outperforming this fund by 14.07% per annum.
In the last 1 year, Quant Multi Asset Fund Growth Option Direct Plan has given 47.82% return, outperforming this fund by 19.09%.
Over the last 6 months, this fund has decreased expense ratio by 33.3% moving from 0.84 to 0.56.
This fund has one of the lowest expense ratio in the category (multi asset allocation). Its expense ratio is 0.56% which is lower than the category average expense ratio of 1.26%.
Peer Analysis
Fund Manager
Dinesh Balachandran
Fund Manager of SBI Multi Asset Allocation Fund Direct Plan Growth, since 31 October 2021
Top funds managed
Raj gandhi
Fund Manager of SBI Multi Asset Allocation Fund Direct Plan Growth, since 27 February 2020
Top funds managed
Mohit Jain
Fund Manager of SBI Multi Asset Allocation Fund Direct Plan Growth, since 30 November 2017
Top funds managed
SBI Multi Asset Allocation Fund Direct Plan Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.38% since inception which is more than its category average return of 11.12%
Fund Allocations
This fund has an allocation of 38.59% in Equity, 36.46% in Debt and 8.68% in Cash related instruments
AUM size ₹4677 Cr
This fund has AUM of ₹4677 Cr which is more than its category average of ₹ 3124 Cr
Expense Ratio 0.56%
This fund has an expense ratio of 0.56% which is less than its category average expense ratio of 1.21%
Frequently Asked Questions
The current NAV of SBI Multi Asset Allocation Fund Direct Plan Growth is ₹57.5 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
SBI Multi Asset Allocation Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.49% | 0.49% |
6 Month Returns | 15.85% | 15.85% |
1 Year Returns | 28.73% | 28.73% |
3 Years Returns | 56.62% | 16.13% |
5 Years Returns | 108.02% | 15.78% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.56% as on April 2024
₹4677 Cr as on April 2024
SBI Gold ETF(13.87%), 7.3% Govt Stock 2053(4.28%), Nippon India Silver ETF(2.69%), Embassy Office Parks Reit(2.23%), Bharti Telecom Limited(2.14%) as on April 2024
Corporate(28.75%), Government(18.1%), Cash Equivalent(11.52%) as on April 2024
AAA | 54.4 |
AA | 36.64 |
A | 5.44 |
Dinesh Balachandran, Raj gandhi, Mohit Jain are the fund managers of SBI Multi Asset Allocation Fund Direct Plan Growth
The Exit load of SBI Multi Asset Allocation Fund Direct Plan Growth is 1%