SBI Balanced Advantage Fund Direct Growth
SBI Balanced Advantage Fund Direct Growth

SBI Balanced Advantage Fund Direct Growth

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Hybrid
Direct
Dynamic Asset Allocation

NAV: ₹ 10.9 as on 27-01-2023

Fund Performance
zero opening, trading, fund transfer fee
1018 people have invested ₹ 55.3L in mutual fund in the last three months

Fund Insights

In the last 1 year, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 14.14% return, outperforming this fund by 6.72%

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
This Fund
0.2%
1.2%
5.8%
7.4%
Benchmark
-1.4%
-0.5%
3.9%
4%
About the Fund

SBI Balanced Advantage Fund Direct Growth is a hybrid fund. This fund was started on  31 August, 2021. The fund is managed by Dinesh Ahuja, Dinesh Balachandran, Mohit Jain. This fund gives you the benefit of diversification.

Key parameters

1) SBI Balanced Advantage Fund Direct Growth has a NAV of 10.9152 as on 27-01-2023.

2) SBI Balanced Advantage Fund Direct Growth has 23223 Cr worth of assets under management (AUM) as on 30-11-2022 and is more than category average.

3) The fund has an expense ratio 0.7 %.

Fund Overview

Expense ratio
Expense ratio
0.7%
Benchmark
Benchmark
AUM
AUM
₹23223 Cr
Inception Date
Inception Date
31 August, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
28.4%

Fund Distribution as on (31-Dec-22)

  • Equity 44.8%
  • Debt & Cash 55.2%

Sector Allocation

Dec'22

Nov'22

Oct'22

Financial Services

35.2%

Industrial

10.9%

Energy

8.4%

Tech

8%

Basic Materials

7.9%

Utilities

6.7%

Consumer Cyclical

6.7%

Consumer Defensive

5.9%

Health

5.1%

Communication

3.4%

Real Estate

1.9%

Top Holdings as on (31-Dec-69)

  • Equity
  • Debt & Cash
Equity Holdings119
Debt Holdings16

What changed

in last one month
  • Scheme
  • Portfolio
AUM has remained same in the last 1M
Dec'69 return underperformed benchmark

Change in AUM

Dec'22
₹ 23.2K Cr
Nov'22
₹ 23.2K Cr
Oct'22
₹ 23.8K Cr

Fund Returns vs Benchmark

Dec'22
3.95%
5.19%
Nov'22
-1.09%
-1.39%
Oct'22
2.04%
2.56%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
134
134
138
Top 5 Company Concentration
17.2%
16.8%
16.5%
Company having highest exposure
ICICI Bank Ltd (4.2%)
ICICI Bank Ltd (4.3%)
ICICI Bank Ltd (4%)
No of Sectors
14
14
13
Top 5 Sectors Concentration
77.6%
78.2%
76.8%
Sector having highest exposure
Cash Equivalent (28.6%)
Cash Equivalent (27.1%)
Cash Equivalent (34.8%)

Fund Manager

Dinesh Ahuja

Dinesh Ahuja

Fund Manager of SBI Balanced Advantage Fund Direct Growth, since 31 August 2021
Dinesh Balachandran

Dinesh Balachandran

Fund Manager of SBI Balanced Advantage Fund Direct Growth, since 31 August 2021
Mohit Jain

Mohit Jain

Fund Manager of SBI Balanced Advantage Fund Direct Growth, since 31 August 2021

AMC details

Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹4.53L Cr
as on 31-Dec-2022
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Email
partnerforlife@sbimf.com

Fund Highlights

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Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.42% since inception which is less than its category average return of 8.52%
Fund Allocations

Fund Allocations

This fund has an allocation of 44.78% in Equity, 26.98% in Debt and 28.24% in Cash related instruments
AUM size ₹23223 Cr

AUM size ₹23223 Cr

This fund has AUM of ₹23223 Cr which is more than its category average of ₹ 7592 Cr
Expense Ratio 0.7%

Expense Ratio 0.7%

This fund has an expense ratio of 0.7% which is less than its category average expense ratio of 1.4%

Frequently Asked Questions

The current NAV of SBI Balanced Advantage Fund Direct Growth is 10.92 as on 27-Jan-2023.
Existing (Absolute + CAGR)
SBI Balanced Advantage Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.18%
0.18%
6 Month Returns
5.77%
5.77%
1 Year Returns
7.42%
7.42%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.7 as on December 2022
23223 Cr as on December 2022
ICICI Bank Ltd(4.2%),Housing Development Finance Corp Ltd(3.38%),Axis Bank Ltd(3.37%),HDFC Bank Ltd(3.18%),National Highways Infra Trust Units(3.06%) as on December 2022
Cash Equivalent(28.62%),Government(24.63%),Financial Services(15.76%) as on December 2022
AAA
95.05
AA
4.95
Dinesh Balachandran,Dinesh Ahuja,Mohit Jain are the fund managers of SBI Balanced Advantage Fund Direct Growth
The Exit load of SBI Balanced Advantage Fund Direct Growth is 1%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.