SBI Multi Asset Allocation Fund Direct Plan Growth

SBI Multi Asset Allocation Fund Direct Plan Growth

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Hybrid
Direct
Multi Asset Allocation
NAV: ₹ 54.59 as on 23-02-2024
Fund Performance
zero opening, trading, fund transfer fee
566 people have invested ₹ 1.4Cr in SBI Multi Asset Allocation Fund Direct Plan Growth in the last three months

Mutual Fund Insights

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In the last 5 years, Quant Multi Asset Fund Growth Option Direct Plan has given 28.95% return, outperforming this fund by 14.13% per annum.
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In the last 1 year, Quant Multi Asset Fund Growth Option Direct Plan has given 47.13% return, outperforming this fund by 17.02%.
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Over the last 3 months, this fund has decreased expense ratio by 26.2% moving from 0.84 to 0.62.
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Over the last 3 months, this fund has experienced a 52.9% growth in AUM moving from 2.46K Cr to 3.76K Cr.
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In the last 3 years, Quant Multi Asset Fund Growth Option Direct Plan has given 35.74% return, outperforming this fund by 20.25% per annum.
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This fund has one of the lowest expense ratio in the category (multi asset allocation). Its expense ratio is 0.62% which is lower than the category average expense ratio of 1.29%.

About the SBI Multi Asset Allocation Fund Direct Plan Growth

SBI Multi Asset Allocation Fund Direct Plan Growth is a hybrid fund. This fund was started on 19 March, 2013. The fund is managed by Dinesh Balachandran, Mohit Jain, Raj gandhi. This fund gives you the benefit of diversification.

Key Parameters

  1. SBI Multi Asset Allocation Fund Direct Plan Growth has ₹3769 Cr worth of assets under management (AUM) as on Jan 2024 and is more than category average.
  2. The fund has an expense ratio 0.6.

SBI Multi Asset Allocation Fund Direct Plan Growth Overview

Expense ratio
Expense ratio
0.62%
Benchmark
Benchmark
null
AUM
AUM
₹3769 Cr
Inception Date
Inception Date
19 March, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
27.14%

SBI Multi Asset Allocation Fund Direct Plan Growth Distribution as on (31-Jan-24)

  • Equity 42.3%

  • Debt & Cash 46.2%

Size breakup

Small cap
19%
Large cap
18.5%
Mid cap
12.5%
Sector Allocation

Jan'24

Dec'23

Nov'23

Financial Services
28.4%
Tech
15.1%
Basic Materials
10.5%
Industrial
8.1%
Health
7.7%
Utilities
7.6%
Consumer Cyclical
7.5%
Real Estate
7.3%
Consumer Defensive
6%
Communication
1.9%

Top Holdings of SBI Multi Asset Allocation Fund Direct Plan Growth as on (31-Jan-24)

  • Equity

  • Debt & Cash

Equity Holdings55
Debt Holdings32

SBI Multi Asset Allocation Fund Direct Plan Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 3.6K Cr
₹ 3.1K Cr
₹ 2.7K Cr
  • AUM of the fund stands at 3.6K Cr as of Jan'24
  • AUM increased by 493.4 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

SBI Multi Asset Allocation Fund Direct Plan Growth Fund Manager

Dinesh Balachandran
Dinesh Balachandran
Fund Manager of SBI Multi Asset Allocation Fund Direct Plan Growth, since 31 October 2021
Mohit Jain
Mohit Jain
Fund Manager of SBI Multi Asset Allocation Fund Direct Plan Growth, since 30 November 2017
Raj gandhi
Raj gandhi
Fund Manager of SBI Multi Asset Allocation Fund Direct Plan Growth, since 27 February 2020
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Multi Asset Allocation Fund Direct Plan Growth
15.49%
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SBI Multi Asset Allocation Fund Direct Plan Growth Highlights

Risk meter
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Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 12.19% since inception which is more than its category average return of 10.98%
Fund Allocations

Fund Allocations

This fund has an allocation of 42.26% in Equity, 38.41% in Debt and 7.78% in Cash related instruments
AUM size ₹3769 Cr

AUM size ₹3769 Cr

This fund has AUM of ₹3769 Cr which is more than its category average of ₹ 2672 Cr
Expense Ratio 0.62%

Expense Ratio 0.62%

This fund has an expense ratio of 0.62% which is less than its category average expense ratio of 1.04%

Frequently Asked Questions

The current NAV of SBI Multi Asset Allocation Fund Direct Plan Growth is ₹54.59 as on 23-Feb-2024.
Existing (Absolute + CAGR) as on 23-Feb-2024.
SBI Multi Asset Allocation Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.48%
2.48%
6 Month Returns
13.59%
13.59%
1 Year Returns
30.12%
30.12%
3 Years Returns
54.04%
15.49%
5 Years Returns
99.53%
14.82%
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0.62% as on January 2024
₹3769 Cr as on January 2024
SBI Gold ETF(10.88%), 7.3% Govt Stock 2053(5.42%), Embassy Office Parks Reit(2.84%), 7.18% Govt Stock 2033(2.67%), 7.18% Govt Stock 2037(2.67%) as on January 2024
Corporate(26.69%), Government(18.34%), Financial Services(12.01%) as on January 2024
AAA
55.32
AA
39.94
Dinesh Balachandran, Mohit Jain, Raj gandhi are the fund managers of SBI Multi Asset Allocation Fund Direct Plan Growth
The Exit load of SBI Multi Asset Allocation Fund Direct Plan Growth is 1%