SBI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 14.19 as on 16-04-2024
Fund Performance
12 people have invested ₹ 27.7L in SBI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl in the last three months
About the SBI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
SBI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is a hybrid fund. This fund was started on 31 August, 2021. The fund is managed by Mohit Jain, Dinesh Balachandran, Dinesh Ahuja. This fund gives you the benefit of diversification.
Key Parameters
- SBI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹28823 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.7.
SBI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl Overview
 | 0.71% |
 Benchmark | Nifty 50 Hybrid Composite Debt 50:50 |
 | ₹28823 Cr |
 | 31 August, 2021 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 404% |
SBI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
53.5%
Mid cap
13.7%
Small cap
2.3%
Sector Allocation
Financial Services
29.8%
Utilities
11.9%
Energy
11.8%
Industrial
10%
Consumer Cyclical
8.9%
Tech
6.7%
Health
5.9%
Basic Materials
5.3%
Communication
4%
Consumer Defensive
3.1%
Real Estate
2.6%
Top Holdings of SBI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl as on (31-Mar-24)
Equity Holdings74
Debt Holdings26
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 4.87% | 0% | |
 HDFC Bank Ltd | 4.76% | 11.4% | |
 GAIL (India) Ltd | 3.35% | 0% | |
 Axis Bank Ltd | 3.07% | 0% | |
 Tata Motors Ltd | 2.86% | -2% |
See all
SBI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 28.8K Cr as of Mar'24
- AUM increased by 726.7 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
SBI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl Fund Manager
Mohit Jain
Fund Manager of SBI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 31 August 2021
Top funds managed
Dinesh Balachandran
Fund Manager of SBI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 31 August 2021
Top funds managed
Dinesh Ahuja
Fund Manager of SBI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 31 August 2021
Top funds managed
SBI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl Highlights
Moderately High risk
Investors understand that their principal will be at Moderately High risk
About the fund
This fund has delivered an average annual returns of 14.25% since inception which is more than its category average return of 11.52%
Fund Allocations
This fund has an allocation of 35.4% in Equity, 28.4% in Debt and 36.2% in Cash related instruments
AUM size ₹28823 Cr
This fund has AUM of ₹28823 Cr which is more than its category average of ₹ 8144 Cr
Expense Ratio 0.71%
This fund has an expense ratio of 0.71% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of SBI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹14.19 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
SBI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 2.66% | 2.66% |
6 Month Returns | 14.03% | 14.03% |
1 Year Returns | 26.79% | 26.79% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
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.
0.71% as on March 2024
₹28823 Cr as on March 2024
7.18% Govt Stock 2033(6.65%), ICICI Bank Ltd(4.87%), HDFC Bank Ltd(4.76%), GAIL (India) Ltd(3.35%), Axis Bank Ltd(3.07%) as on March 2024
Cash Equivalent(36.2%), Government(18.3%), Financial Services(10.54%) as on March 2024
AAA | 79.45 |
AA | 13.85 |
Mohit Jain, Dinesh Balachandran, Dinesh Ahuja are the fund managers of SBI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of SBI Balanced Advantage Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 1%