Overview
SBI Balanced Advantage Fund Direct Growth
SBI Mutual Fund
The scheme seeks to provide long term capital appreciation / income from a dynamic mix of equity and debt investments.
Investments in SBI Balanced Advantage Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 15.4743
Fund Size (AUM)
₹34015.41 Cr
Risk
High (Risk rating: 5/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹250
Launch Date
31-Aug-2021
Expense Ratio
0.71%
Exit Load
For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
Benchmark
NIFTY 50 Hybrid Composite Debt 50:50 Index
Standard Deviation
6.55
History
Performance & Ratios
1-Year SIP Return
-1.43%
3-Year SIP Return
12.56%
5-Year SIP Return
N/A
Mean Return
N/A
Alpha
3.8
Beta
0.59
Sharpe Ratio
1.04
Sortino Ratio
1.86
Information Ratio
0.37
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 9.04% | 13.96% | N/A | N/A |
| Category Average | 7.8% | 11.08% | 14.77% | N/A |
| Rank Within Category | 23 | 6 | N/A | N/A |
Holdings (199)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 5.76% |
| Reliance Industries Ltd. | Energy | Equity | 5.5% |
| Bharti Airtel Ltd. | Communication | Equity | 3.32% |
| GAIL (India) Ltd. | Energy | Equity | 3.08% |
| Tata Steel Ltd. | Metals & Mining | Equity | 2.15% |
| GOI | Sovereign | GOI Sec | 2.14% |
| Axis Bank Ltd. | Financial | Equity | 2.12% |
| HCL Technologies Ltd. | Technology | Equity | 2.02% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 1.87% |
| Tata Motors Ltd. | Automobile | Equity | 1.85% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund Direct Growth | 94824.34 | 10.74 | 19.79 | 0.88 | N/A |
| Baroda BNP Paribas Balanced Advantage Fund Direct Growth | 4073.23 | 9.95 | 14.24 | 0.77 | N/A |
| SBI Balanced Advantage Fund Direct Growth | 34015.41 | 9.04 | 13.96 | 0.71 | N/A |
| ICICI Prudential Balanced Advantage Direct Growth | 60591.13 | 11.47 | 13.24 | 0.92 | N/A |
| Tata Balanced Advantage Fund Direct Growth | 10075.2 | 7.56 | 12.03 | 0.36 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 250
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 1
AMC Details
Asset Management Company
SBI Mutual Fund
SBI Mutual Fund started their mutual fund on 29/06/1987 and its managing total assets of ₹1,88,455 Cr. Its ranked at 5 as per total assets at end of 30th Sep 2017. SBI Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
With a robust and wealthy history of the State Bank of India cluster, SBI Funds Management Pvt. Ltd. has been serving to millions of investors through their years of experience. With a wide network of over 222 service points across India, SBI has been delivering to value and create trust amongst investors. They have systematically delivered the optimum worth to its investors over the years. SBI Funds Management company has joined the key players within the Indian investment trust business with an array of funds in multiple sectors like money establishments, native and international quality management corporations, pension funds, etc. SBI MF has conjointly unified end-to-end made-to-order quality management product for establishments, discretionary and non-discretionary portfolio management services.
SBI Funds Management has been effectively managing and guiding India’s dedicated offshore funds since 1988. SBI Funds Management is famed because it was the 1st bank to come up with ‘SBI Resurgent Asian nation Opportunities Fund’. The target for these funds was to supply investors with never-before opportunities in semi-permanent growth in capital in a very kind of stocks of Indian corporations.
Launch Date
1987-06-29T00:00:00.117Z
Total AUM
₹ 1063207.02 Cr
Address
9th Floor-Crescenzo, C-38 & 39-G Block, Bandra-Kurla Complex,Bandra (East) Mumbai 400051
Phone
022-61793000 / 1800-425-5425
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for SBI Balanced Advantage Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of SBI Balanced Advantage Fund Direct Growth?
The top stocks held by SBI Balanced Advantage Fund Direct Growth include HDFC Bank Ltd., Reliance Industries Ltd., Bharti Airtel Ltd..
Which industries does SBI Balanced Advantage Fund Direct Growth invest in?
SBI Balanced Advantage Fund Direct Growth primarily invests in the following industries: Financial, Energy, Communication.
Who are the fund managers of SBI Balanced Advantage Fund Direct Growth?
The fund managers of SBI Balanced Advantage Fund Direct Growth are Rajeev Radhakrishnan and Anup Upadhyay and Dinesh Balachandran and Mansi Sajeja and Pradeep Kesavan.
How many years has the fund manager been managing SBI Balanced Advantage Fund Direct Growth?
Rajeev Radhakrishnan:
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Anup Upadhyay:
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Dinesh Balachandran:
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Mansi Sajeja:
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Pradeep Kesavan:
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What is the minimum investment for SBI Balanced Advantage Fund Direct Growth?
The minimum investment for SBI Balanced Advantage Fund Direct Growth is ₹5000 for lumpsum investments and ₹250 for SIPs.
What are the average 1-year returns for SBI Balanced Advantage Fund Direct Growth?
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What are the average 3-year returns for SBI Balanced Advantage Fund Direct Growth?
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What is the expense ratio of SBI Balanced Advantage Fund Direct Growth, and how does it compare to its category?
The expense ratio of SBI Balanced Advantage Fund Direct Growth is 0.71%. The average expense ratio for similar funds in the Hybrid is Calculating....