SBI Balanced Advantage Fund Direct Growth

Hybrid
Dynamic Asset Allocation
Moderately High Risk
-0.51%
1M return
+1.11% 1D
1M
6M
1Y
All
NAV: 04 Oct 2022₹10.58
Min. SIP amount₹500
RatingNA
Fund size₹24,734.44Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Hybrid Dynamic Asset Allocation
Absolute returns
3M6M1YAll
Fund returns4.2%0.2%2.7%4.6%
Category averageNANA0.9%NA
Rank with in category271811NA
Understand terms

Holdings (89)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec10.4%
GOISovereignGOI Sec4.2%
ICICI Bank Ltd.FinancialEquity3.8%
ITC Ltd.Consumer StaplesEquity3.1%
Axis Bank Ltd.FinancialEquity3.1%
Housing Development Finance Corpn. Ltd.FinancialEquity2.8%
HDFC Bank Ltd.FinancialEquity2.7%
National Highways Infra TrustConstructionEquity2.5%
Larsen & Toubro Ltd.ConstructionEquity2.2%
Tech Mahindra Ltd.TechnologyEquity2.0%
See All

Expense ratio, exit load and tax

Expense ratio: 0.57%

Inclusive of GST

Exit load

For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹500

Fund management

Dinesh Ahuja
Aug 2021 - Present
View details

Education
Mr. Ahuja is a B.Com (H) and MMS (Finance).
Experience
Prior to joining SBI AMC he has worked with L&T Investment management Ltd., Reliance Asset Management Ltd and Reliance General insurance Company Ltd.
Also manages these schemes

Mohit Jain
Aug 2021 - Present
View details

Education
Mr. Jain is B.E (Engineering) & CFA (Level III candidate)
Experience
Prior to joining SBI Mutual Fund, he has worked with Crisil Ltd. as a Research Analyst.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
9th Floor-Crescenzo, C-38 & 39-G Block, Bandra-Kurla Complex,Bandra (East) Mumbai 400051
Phone
022-61793000 / 1800-425-5425
Launch Date
29 Jun 1987
Website
NA
SBI Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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