SBI Balanced Advantage Fund - Direct (G)


Dynamic Asset Allocation or Balanced Advantage
  • NAV 15.00 (0.18%)
  • Fund Size (Cr) ₹31176.89
  • Expense Ratio 0.69
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹500
  • Minimum Withdrawal ₹500
  • Exit Load 0%
  • Return Since Launch 15.15%

Basic Details

Scheme Manager
Dinesh Balachandran
Bench Mark
Nifty 50 Hybrid Composite Debt 50:50 Index
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 03-Jul-24
  • 10036.54
  • 0.37%
  • -
  • 0.37%
  • 54/141
  • 1 Month
  • 10-Jun-24
  • 10211.06
  • 2.11%
  • -
  • 3.61%
  • 135/141
  • 3 Month
  • 10-Apr-24
  • 10482.35
  • 4.82%
  • -
  • 6.44%
  • 126/141
  • 6 Month
  • 10-Jan-24
  • 11227.45
  • 12.27%
  • -
  • 12.04%
  • 44/133
  • 1 Year
  • 10-Jul-23
  • 12476.35
  • 24.76%
  • 24.76%
  • 25.87%
  • 60/121
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • Since Inception
  • 31-Aug-21
  • 14969
  • 49.69%
  • 15.15%
  • 14.01%
  • 35/141

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Aug-23
  • 120000
  • 135000.72
  • 12.50%
  • 12.50%
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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  • Invested Amount

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  • Estimated Returns

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Risk Ratios

  • Standard Deviation
    1.73%
  • Beta
    0.47%
  • Sharpe Ratio
    1.13%
  • Treynor’s Ratio
    0.18%
  • Jension’s Alpha
    5.38%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • HDFC Bank
  • 5.13%
  • 9496827
  • 1599.08
  • Equity
  • Banks
  • ICICI Bank
  • 4.61%
  • 11990121
  • 1438.33
  • Equity
  • Banks
  • GAIL (India)
  • 3.75%
  • 53293368
  • 1170.06
  • Equity
  • Gas Distribution
  • Axis Bank
  • 3.43%
  • 8460987
  • 1070.53
  • Equity
  • Banks
  • Bharti Airtel
  • 2.85%
  • 6144725
  • 887.33
  • Equity
  • Telecomm-Service
  • Reliance Industr
  • 2.78%
  • 2768271
  • 866.69
  • Equity
  • Refineries
  • Tata Motors
  • 2.64%
  • 8312875
  • 822.77
  • Equity
  • Automobile
  • Tata Steel
  • 2.54%
  • 45456730
  • 790.99
  • Equity
  • Steel
  • I O C L
  • 2.34%
  • 44040307
  • 729.44
  • Equity
  • Refineries
  • Torrent Power
  • 2%
  • 4166813
  • 624.36
  • Equity
  • Power Generation & Distribution

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • SBI Balanced Advantage Fund - Direct (G)
  • Stars
  • 31176.89
  • 2.11%
  • 4.82%
  • 12.27%
  • 24.76%
  • -
  • Quant Dynamic Asset Allocation Fund-Direct (G)
  • Stars
  • 1196.62
  • 5.35%
  • 8.03%
  • 26.46%
  • 56.91%
  • -
  • Quant Dynamic Asset Allocation Fund-Direct (IDCW)
  • Stars
  • 1196.62
  • 5.35%
  • 8.02%
  • 26.46%
  • 56.88%
  • -
  • HDFC Balanced Advantage Fund - Direct (G)
  • Stars
  • 89903.19
  • 4.43%
  • 9.30%
  • 17.25%
  • 41.84%
  • 25.71%
  • HDFC Balanced Advantage Fund - Direct (IDCW)
  • Stars
  • 89903.19
  • 4.43%
  • 9.30%
  • 17.25%
  • 41.83%
  • 25.05%
  • Motilal Oswal Balance Advantage Fund-Dir (IDCW-Q)
  • Stars
  • 1226.73
  • 5.10%
  • 8.06%
  • 17.82%
  • 37.24%
  • 16.36%

News

  • SBI MF Announces change in benchmark index under its schemes SBI Mutual Fund has announced change the benchmark index for the following schemes, with effect from 28 June 2024. Accordingly, the revised benchmark index will be:

    Changes in the Schemes Benchmark Index:

    Scheme Name Existing First Tier benchmark Index Revised First Tier benchmark Index
    SBI S&P BSE 100 ETF S&P BSE 100 Index BSE 100 TRI
    SBI S&P BSE SENSEX ETF S&P BSE Sensex TRI BSE Sensex TRI
    SBI S&P BSE Sensex Index Fund S&P BSE Sensex TRI BSE Sensex TRI
    SBI S&P BSE SENSEX Next 50 ETF S&P BSE Sensex Next 50 TRI Sensex Next 50 TRI

    Powered by Capital Market - Live News

  • SBI Mutual Fund Announces change in scheme name SBI Mutual Fund has announced change in scheme name under the following scheme, with effect from 28 June 2024.

    Change in the Scheme Name:

    Existing Name of the Schemes Revised Name of the Schemes
    SBI S&P BSE 100 ETF SBI BSE 100 ETF
    SBI S&P BSE SENSEX ETF SBI BSE SENSEX ETF
    SBI S&P BSE Sensex Index Fund SBI BSE Sensex Index Fund
    SBI S&P BSE SENSEX Next 50 ETF SBI BSE SENSEX Next 50 ETF

    Powered by Capital Market - Live News

  • SBI MF Announces change in fund manager under its schemes SBI Mutual Fund has announced change in fund manager under the following schemes, with effect from June 01, 2024.

    Change in Fund Management Responsibilities:

    Existing Fund Manager(s) Revised Fund Manager(s)
    SBI Magnum Comma Fund Mr. Dinesh Balachandran
    SBI Psu Fund Mr. Rohit Shimpi
    SBI Long Term Advantage Fund - Series 1 Mr. Nidhi Chawla
    SBI Long Term Advantage Fund - Series 11 Mr. Nidhi Chawla
    SBI Long Term Advantage Fund - Series 111 Mr. Nidhi Chawla

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 12-Aug-2021
  • Total AUM (Cr) ₹31176.89

SBI Balanced Advantage Fund - Direct (G) is an Dynamic Asset Allocation or Balanced Advantage-oriented fund from the renowned AMC, SBI Mutual Fund. Launched in Aug 2021, this fund is managed by Dinesh Balachandran. With assets under management (AUM) worth ₹31176.89 (Cr), as of 11-Jul-2024, SBI Balanced Advantage Fund - Direct (G) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 15.15% since its launch.
The current NAV of SBI Balanced Advantage Fund - Direct (G) is ₹15.00, as on 11-Jul-2024. The fund’s benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index. You can invest in SBI Balanced Advantage Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil - If units purchased or switched in from another scheme of the Fund are redeemed or switched out upto 10% of the units (the limit) purchased or switched on or before 1 year from the date o allotment. 1% - If units purchased or switched in from another scheme of the Fund are redeemed or switched out in excess of the limit on or before 1 year from the date of allotment Nil - If units purchasd or switched in from anoter scheme of the Fund are redeemed or switched out after 1 year from the date of allotment
The fund has generated - and - CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 67.51% in Equity, 31.3% in Debt and 1.19% in cash and cash equivalents
The top 5 sectors the fund invests in are: 28.81% in Debt, 15.76% in Banks, 5.94% in Petroleum Products, 5.35% in Power and 4.76% in Automobiles.

FAQs on SBI Balanced Advantage Fund - Direct (G)

SBI Balanced Advantage Fund - Direct (G) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 15.15% since inception. Looking to invest in SBI Balanced Advantage Fund - Direct (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in SBI Balanced Advantage Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, SBI Balanced Advantage Fund - Direct (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in SBI Balanced Advantage Fund - Direct (G) today and reap the benefits of this Dynamic Asset Allocation or Balanced Advantage fund!

In the short term, i.e., 1 year, SBI Balanced Advantage Fund - Direct (G) has generated annualised return of 24.76%. In the long-term, the fund has generated - and - in 3 and 5 years respectively. Since its inception, the fund has generated 15.15% returns.

The expense ratio of SBI Balanced Advantage Fund - Direct (G) Direct Growth is 0.69%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of SBI Balanced Advantage Fund - Direct (G) is ₹31176.89 (Cr) as of 11 July 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of SBI Balanced Advantage Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from SBI Balanced Advantage Fund - Direct (G):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case SBI Balanced Advantage Fund - Direct (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in SBI Balanced Advantage Fund - Direct (G). Minimum lumpsum investment SBI Balanced Advantage Fund - Direct (G) is ₹5000 and minimum SIP amount is ₹500. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of SBI Balanced Advantage Fund - Direct (G) is ₹15.00 as on 11 July 2024.

The 5 biggest stock holdings of SBI Balanced Advantage Fund - Direct (G) are:
HDFC Bank (5.13%), ICICI Bank (4.61%), GAIL (India) (3.75%), Axis Bank (3.43%), Bharti Airtel (2.85%)

A majority of SBI Balanced Advantage Fund - Direct (G) 's AUM worth ₹31176.89 (Cr) is invested in these 3 top sectors:

  • Debt: 28.81%
  • Banks: 15.76%
  • Petroleum Products: 5.94%

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