SBI Multi Asset Allocation Fund Direct Plan Growth
Hybrid
Direct
Multi Asset Allocation
NAV: ₹ 56.94 as on 24-04-2024
Fund Performance
629 people have invested ₹ 1.7Cr in SBI Multi Asset Allocation Fund Direct Plan Growth in the last three months
Mutual Fund Insights
Over the last 6 months, this fund has decreased expense ratio by 34.8% moving from 0.89 to 0.58.
In the last 3 years, Quant Multi Asset Fund Growth Option Direct Plan has given 30.49% return, outperforming this fund by 13.57% per annum.
In the last 1 year, Quant Multi Asset Fund Growth Option Direct Plan has given 50.58% return, outperforming this fund by 20.71%.
This fund has one of the lowest expense ratio in the category (multi asset allocation). Its expense ratio is 0.58% which is lower than the category average expense ratio of 1.24%.
In the last 5 years, Quant Multi Asset Fund Growth Option Direct Plan has given 29.9% return, outperforming this fund by 14.65% per annum.
Over the last 6 months, this fund has experienced a 109.5% growth in AUM moving from 2.13K Cr to 4.46K Cr.
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, Raj gandhi, Mohit Jain. This fund gives you the benefit of diversification.
Key Parameters
- SBI Multi Asset Allocation Fund Direct Plan Growth has ₹4468 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.6.
SBI Multi Asset Allocation Fund Direct Plan Growth Overview
 | 0.58% |
 Benchmark | null |
 | ₹4468 Cr |
 | 19 March, 2013 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 27.14% |
SBI Multi Asset Allocation Fund Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Small cap
19%
Large cap
18.5%
Mid cap
12.5%
Sector Allocation
Financial Services
25.2%
Tech
14.2%
Basic Materials
12.3%
Consumer Cyclical
10.9%
Industrial
8.3%
Health
7.6%
Utilities
7.3%
Real Estate
6.9%
Consumer Defensive
5.5%
Communication
1.9%
Top Holdings of SBI Multi Asset Allocation Fund Direct Plan Growth as on (31-Mar-24)
Equity Holdings54
Debt Holdings30
SBI Multi Asset Allocation Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 4.2K Cr as of Mar'24
- AUM increased by 350.7 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
SBI Multi Asset Allocation Fund Direct Plan Growth Fund Manager
Dinesh Balachandran
Fund Manager of SBI Multi Asset Allocation Fund Direct Plan Growth, since 31 October 2021
Top funds managed
Raj gandhi
Fund Manager of SBI Multi Asset Allocation Fund Direct Plan Growth, since 27 February 2020
Top funds managed
Mohit Jain
Fund Manager of SBI Multi Asset Allocation Fund Direct Plan Growth, since 30 November 2017
Top funds managed
SBI Multi Asset Allocation Fund Direct Plan Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 12.38% since inception which is more than its category average return of 10.98%
Fund Allocations
This fund has an allocation of 37.33% in Equity, 40.34% in Debt and 7.31% in Cash related instruments
AUM size ₹4468 Cr
This fund has AUM of ₹4468 Cr which is more than its category average of ₹ 3045 Cr
Expense Ratio 0.58%
This fund has an expense ratio of 0.58% which is less than its category average expense ratio of 1.27%
Frequently Asked Questions
The current NAV of SBI Multi Asset Allocation Fund Direct Plan Growth is ₹56.94 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
SBI Multi Asset Allocation Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.3% | 4.3% |
6 Month Returns | 16.49% | 16.49% |
1 Year Returns | 29.87% | 29.87% |
3 Years Returns | 59.84% | 16.92% |
5 Years Returns | 103.3% | 15.25% |
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.
0.58% as on March 2024
₹4468 Cr as on March 2024
SBI Gold ETF(14.65%), 7.3% Govt Stock 2053(4.49%), Embassy Office Parks Reit(2.29%), Bharti Telecom Limited(2.24%), 7.18% Govt Stock 2033(2.24%) as on March 2024
Corporate(30.4%), Government(19.63%), Financial Services(9.39%) as on March 2024
AAA | 63.24 |
AA | 33.21 |
Dinesh Balachandran, Raj gandhi, Mohit Jain 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%