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NAV as of ( Sep 09, 2022 )
₹ 10.74 0.19 % 1-D Change
You get upto 1.11% extra returns
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|ET Money Rank||Not yet ranked|
|Expense ratio||0.52% As on Apr 30, 2022|
|AUM (Fund Size)||₹ 24,734 Crs|
|Age||1 yrs 1 m Since Aug 12, 2021|
|Benchmark||Nifty 50 Hybrid Composite debt 50:50 Index|
SIP ₹ 500 &
Lumpsum ₹ 5000
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Large Cap 40.95%
Mid Cap 6.04%
Small Cap 1.69%
Other Cap 0.56%
Andhra Pradesh State 1.83%
Telangana State 0.99%
L&T Metro Rail (Hyderabad) Ltd. 0.78%
Cash & Call Money 3.51%
Cash Margin 25.74%
GOI Securities 16.69%
Reverse Repo 6.87%
State Development Loan 3.27%
|Fund name||Annual Return %||Consistency||Value Research Rating|
|HDFC Balanced Advantage Fund||17.1%|
|Franklin India Dynamic Asset Allocation FoF||10.48%|
|ICICI Prudential Balanced Advantage Fund||9.13%|
|Sundaram Balanced Advantage Fund||8.13%|
|Tata Balanced Advantage Fund||6.76%|
|SBI Balanced Advantage Fund||6.66%|
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|Period||Trailing returns||Category average||Rank within category|
|1 month||1.95%||1.62%||6 / 20|
|3 months||7.53%||9.58%||17 / 19|
|6 months||5.24%||6.26%||14 / 19|
|1 year||6.66%||5.68%||6 / 19|
Level of Risk in the Scheme
Investors understand that their principal will be at Moderately High risk
HYBRID DYNAMIC ASSET ALLOCATION
The scheme seeks to provide long term capital appreciation / income from a dynamic mix of equity and debt investments.
Mr. Ahuja is a B.Com (H) and MMS (Finance).
Prior to joining SBI AMC he has worked with L&T Investment management Ltd., Reliance Asset Management Ltd and Reliance General insurance Company Ltd.
Mr.Dinesh is a B.Tech from IIT-B, M.S. from MIT USA and CFA.
Prior to joining SBI Funds Management Pvt. Ltd. he has worked with Fidelity Investments, USA.
As on Jun 30, 2022
The SBI Balanced Advantage Fund is a 1 yrs 1 m old fund and has delivered average annual returns of 6.73% since inception.
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of SBI Balanced Advantage Fund for Sep 09, 2022 is 10.74 .
On ET Money, Investing in SBI Balanced Advantage Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of SBI Balanced Advantage Fund is 0.52%. .
Redeeming your investments in SBI Balanced Advantage Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in SBI Balanced Advantage Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of SBI Balanced Advantage Fund is ₹24,734 Crs.
The SBI Balanced Advantage Fund's equity portion has been invested in the stocks of the following companies
|Company||Percentage of Portfolio|
|ICICI Bank Ltd.||3.79%|
|Axis Bank Ltd.||3.09%|
|Housing Development Finance Corpn. Ltd.||2.85%|
|HDFC Bank Ltd.||2.74%|
|National Highways Infra Trust||2.46%|
|Larsen & Toubro Ltd.||2.15%|
|Tech Mahindra Ltd.||1.98%|
|Reliance Industries Ltd.||1.92%|
The SBI Balanced Advantage Fund's equity portion is primarily invested in the following sectors -
|Sector||Percentage of Portfolio|
The credit rating of the instruments in which the fund invests represents the quality of the borrower.The SBI Balanced Advantage Fund's debt portion's allocation by credit quality is given below
|Credit Quality||Percentage of Portfolio|
|Cash & Call Money||3.51%|
The top 3 debt holdings of SBI Balanced Advantage Fund are as follows
|Holding Name||Percentage of Portfolio|
|Andhra Pradesh State||1.83%|