Name: SBI Balanced Advantage Fund Direct Growth
Brand: SBI Mutual Fund

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SBI Balanced Advantage Fund Direct Growth
Hybrid
Dynamic Asset Allocation
Moderate Risk
1.25%
1M return
0.00% 1D
1M
All
 NAV: 21 Oct 2021₹10.26
Min. SIP amount₹500
RatingNA
Fund size₹17,438.39 Cr
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Dynamic Asset Allocation
Absolute returns
1M3M6MAll
Fund returns1.2%NANA2.6%
Category averageNANANANA
Rank with in categoryNANANANA
Understand termsinfo
Holdings (76)NameSectorInstrumentAssets
GOI
SovereignGOI Sec23.6%
ICICI Bank Ltd.
FinancialEquity4.1%
Housing Development Finance Corpn. Ltd.
FinancialEquity3.5%
Axis Bank Ltd.
FinancialEquity3.3%
ITC Ltd.
FMCGEquity2.9%
HDFC Bank Ltd.
FinancialEquity2.8%
Tech Mahindra Ltd.
TechnologyEquity2.7%
Bharti Airtel Ltd.
CommunicationEquity2.6%
Kotak Mahindra Bank Ltd.
FinancialEquity2.5%
HCL Technologies Ltd.
TechnologyEquity1.8%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Exit load
12 Aug 2021
For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
Expense ratio, exit load and taxExpense ratio: NAInclusive of GST
Exit loadFor units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationNA
Understand termsinfo
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹500
Fund managementDinesh Ahuja
Aug 2021 - Present
View details
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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
SBI Magnum Income Fund IDCW Half Yearly
SBI Magnum Income Fund Growth
SBI Magnum Income Fund Bonus
SBI Debt Hybrid Fund IDCW Monthly
SBI Debt Hybrid Fund IDCW Quarterly
SBI Debt Hybrid Fund IDCW Yearly
SBI Debt Hybrid Fund Growth
SBI Magnum Gilt Fund IDCW Quarterly
SBI Magnum Gilt Fund Growth
SBI Magnum Constant Maturity Fund Growth
SBI Magnum Constant Maturity Fund IDCW Monthly
SBI Equity Hybrid Fund IDCW
SBI Magnum Gilt Fund PF Plan IDCW Quarterly
SBI Magnum Gilt Fund PF Fixed Period 1Year IDCW Quarterly
SBI Magnum Gilt Fund PF Fixed Period 2Years IDCW Quarterly
SBI Magnum Gilt Fund PF Fixed Period 3Years IDCW Quarterly
SBI Magnum Medium Duration Fund Growth
SBI Magnum Medium Duration Fund IDCW Quarterly
SBI Dynamic Bond Fund Growth
SBI Dynamic Bond Fund IDCW
SBI Equity Hybrid Fund Growth
SBI Equity Hybrid Fund Direct Plan IDCW
SBI Equity Hybrid Fund Direct Plan Growth
SBI Dynamic Bond Direct Plan IDCW
SBI Dynamic Bond Direct Plan Growth
SBI Magnum Gilt Fund Direct IDCW Quarterly
SBI Magnum Gilt Fund Direct Growth
SBI Magnum Income Direct Plan Bonus
SBI Magnum Income Direct Plan IDCW Half Yearly
SBI Magnum Income Direct Plan Growth
SBI Magnum Medium Duration Fund Direct Growth
SBI Magnum Medium Duration Fund Direct IDCW Quarterly
SBI Debt Hybrid Fund Direct IDCW Quarterly
SBI Debt Hybrid Fund Direct IDCW Yearly
SBI Debt Hybrid Fund Direct IDCW Monthly
SBI Debt Hybrid Fund Direct Growth
SBI Magnum Constant Maturity Fund Direct IDCW Monthly
SBI Magnum Constant Maturity Fund Direct Growth
SBI Magnum Income Direct Plan IDCW Quarterly
SBI Magnum Income Fund IDCW Quarterly
SBI ETF 10 Year Gilt Fund Growth
SBI Magnum Children's Benefit Fund Investment Plan Regular Growth
SBI Magnum Children's Benefit Fund Investment Plan Direct Growth
SBI Retirement Benefit Fund Aggressive Plan Direct Growth
SBI Retirement Benefit Fund Aggressive Hybrid Plan Regular IDCW
SBI Retirement Benefit Fund Aggressive Hybrid Plan Direct Growth
SBI Retirement Benefit Fund Aggressive Hybrid Plan Direct IDCW
SBI Retirement Benefit Fund Conservative Plan Direct Growth
SBI Retirement Benefit Fund Conservative Plan Direct IDCW
SBI Retirement Benefit Fund Conservative Hybrid Plan Direct Growth
SBI Retirement Benefit Fund Aggressive Plan Regular IDCW
SBI Retirement Benefit Fund Conservative Hybrid Plan Regular Growth
SBI Retirement Benefit Fund Conservative Hybrid Plan Direct IDCW
SBI Retirement Benefit Fund Aggressive Plan Direct IDCW
SBI Retirement Benefit Fund Aggressive Hybrid Plan Regular Growth
SBI Retirement Benefit Fund Conservative Plan Regular Growth
SBI Retirement Benefit Fund Aggressive Plan Regular Growth
SBI Balanced Advantage Fund Regular Growth
SBI Balanced Advantage Fund Direct Growth
Dinesh Balachandran
Aug 2021 - Present
View details
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Education
Mr.Dinesh is a B.Tech from IIT-B, M.S. from MIT USA and CFA.
Experience
Prior to joining SBI Funds Management Pvt. Ltd. he has worked with Fidelity Investments, USA.
Also manages these schemes
SBI Contra Fund IDCW
SBI Contra Fund Growth
SBI Long Term Equity Fund IDCW
SBI Long Term Equity Fund Growth
SBI Long Term Equity Fund Direct Plan IDCW
SBI Long Term Equity Fund Direct Plan Growth
SBI Contra Direct Plan IDCW
SBI Contra Direct Plan Growth
SBI Dynamic Asset Allocation Fund Regular IDCW
SBI Dynamic Asset Allocation Fund Regular Growth
SBI Dynamic Asset Allocation Fund Direct Growth
SBI Dynamic Asset Allocation Fund Direct IDCW
SBI Balanced Advantage Fund Regular Growth
SBI Balanced Advantage Fund Direct Growth
Mohit Jain
Aug 2021 - Present
View details
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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
SBI Technology Opportunities Fund IDCW
SBI Contra Fund IDCW
SBI Equity Hybrid Fund IDCW
SBI Contra Fund Growth
SBI Equity Hybrid Fund Growth
SBI Multi Asset Allocation Fund IDCW Monthly
SBI Multi Asset Allocation Fund IDCW Quarterly
SBI Multi Asset Allocation Fund Growth
SBI Multi Asset Allocation Fund IDCW Yearly
SBI Equity Hybrid Fund Direct Plan IDCW
SBI Equity Hybrid Fund Direct Plan Growth
SBI Contra Direct Plan IDCW
SBI Technology Opportunities Fund Direct IDCW
SBI Contra Direct Plan Growth
SBI Multi Asset Allocation Fund Direct IDCW Yearly
SBI Multi Asset Allocation Fund Direct IDCW Monthly
SBI Multi Asset Allocation Fund Direct IDCW Quarterly
SBI Multi Asset Allocation Fund Direct Growth
SBI Technology Opportunities Fund Growth
SBI Technology Opportunities Fund Direct Growth
SBI Banking and PSU Fund Growth
SBI Banking and PSU Fund IDCW Daily
SBI Banking and PSU Fund IDCW Weekly
SBI Banking and PSU Fund IDCW Monthly
SBI Banking and PSU Fund Direct IDCW Daily
SBI Banking and PSU Fund Direct Growth
SBI Banking and PSU Fund Direct IDCW Weekly
SBI Banking and PSU Fund Direct IDCW Monthly
SBI Dynamic Asset Allocation Fund Regular IDCW
SBI Dynamic Asset Allocation Fund Regular Growth
SBI Dynamic Asset Allocation Fund Direct Growth
SBI Dynamic Asset Allocation Fund Direct IDCW
SBI Corporate Bond Fund Regular Growth
SBI Corporate Bond Fund Regular IDCW Monthly
SBI Corporate Bond Fund Regular IDCW Quarterly
SBI Corporate Bond Fund Direct IDCW Monthly
SBI Corporate Bond Fund Direct Growth
SBI Corporate Bond Fund Direct IDCW Quarterly
SBI Magnum Children's Benefit Fund Investment Plan Regular Growth
SBI Magnum Children's Benefit Fund Investment Plan Direct Growth
SBI Floating Rate Debt Fund Regular Growth
SBI Floating Rate Debt Fund Regular IDCW Monthly
SBI Floating Rate Debt Fund Direct Growth
SBI Retirement Benefit Fund Aggressive Plan Direct Growth
SBI Retirement Benefit Fund Aggressive Hybrid Plan Regular IDCW
SBI Retirement Benefit Fund Aggressive Hybrid Plan Direct Growth
SBI Retirement Benefit Fund Aggressive Hybrid Plan Direct IDCW
SBI Retirement Benefit Fund Conservative Plan Direct Growth
SBI Retirement Benefit Fund Conservative Plan Direct IDCW
SBI Retirement Benefit Fund Conservative Hybrid Plan Direct Growth
SBI Retirement Benefit Fund Aggressive Plan Regular IDCW
SBI Retirement Benefit Fund Conservative Hybrid Plan Regular Growth
SBI Retirement Benefit Fund Conservative Hybrid Plan Direct IDCW
SBI Retirement Benefit Fund Aggressive Plan Direct IDCW
SBI Retirement Benefit Fund Aggressive Hybrid Plan Regular Growth
SBI Retirement Benefit Fund Conservative Plan Regular Growth
SBI Retirement Benefit Fund Aggressive Plan Regular Growth
SBI International Access US Equity FoF Regular IDCW
SBI International Access US Equity FoF Direct Growth
SBI International Access US Equity FoF Direct IDCW
SBI International Access US Equity FoF Regular Growth
SBI Balanced Advantage Fund Regular Growth
SBI Balanced Advantage Fund Direct Growth
Gaurav Mehta
Aug 2021 - Present
View details
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Education
Mr. Mehta has done PGBM, IIM Lucknow, B Tech., IIT Bombay, CFA Charter holder, CFA Institute, USA.
Experience
Prior to joining SBI Mutual Fund he has worked with Ambit Investment Advisor, Institutional equities at Ambit Capital & Edelweiss Capital.
Also manages these schemes
SBI Multi Asset Allocation Fund IDCW Monthly
SBI Multi Asset Allocation Fund IDCW Quarterly
SBI Multi Asset Allocation Fund Growth
SBI Multi Asset Allocation Fund IDCW Yearly
SBI Multi Asset Allocation Fund Direct IDCW Yearly
SBI Multi Asset Allocation Fund Direct IDCW Monthly
SBI Multi Asset Allocation Fund Direct IDCW Quarterly
SBI Multi Asset Allocation Fund Direct Growth
SBI Retirement Benefit Fund Aggressive Plan Direct Growth
SBI Retirement Benefit Fund Aggressive Hybrid Plan Regular IDCW
SBI Retirement Benefit Fund Aggressive Hybrid Plan Direct Growth
SBI Retirement Benefit Fund Aggressive Hybrid Plan Direct IDCW
SBI Retirement Benefit Fund Conservative Plan Direct Growth
SBI Retirement Benefit Fund Conservative Plan Direct IDCW
SBI Retirement Benefit Fund Conservative Hybrid Plan Direct Growth
SBI Retirement Benefit Fund Aggressive Plan Regular IDCW
SBI Retirement Benefit Fund Conservative Hybrid Plan Regular Growth
SBI Retirement Benefit Fund Conservative Hybrid Plan Direct IDCW
SBI Retirement Benefit Fund Aggressive Plan Direct IDCW
SBI Retirement Benefit Fund Aggressive Hybrid Plan Regular Growth
SBI Retirement Benefit Fund Conservative Plan Regular Growth
SBI Retirement Benefit Fund Aggressive Plan Regular Growth
SBI Balanced Advantage Fund Regular Growth
SBI Balanced Advantage Fund Direct Growth
Fund house & investment objective
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SBI Mutual Fund
Rank (total assets)#1 in India
Total AUM4,99,821.43 Cr
Date of Incorporation29 Jun 1987
SBI Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on
SBI Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. Dinesh Ahuja is the Current Fund Manager of SBI Balanced Advantage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,99,821 Cr and the Latest NAV as of 21 Oct 2021 is ₹10.26.
The SBI Balanced Advantage Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year....Read more
Investment Objective
The scheme seeks to provide long term capital appreciation / income from a dynamic mix of equity and debt investments.
The scheme seeks to provide long term capital appreciation / income from a dynamic mix of equity and debt investments.
Fund benchmarkCRISIL Hybrid 50+50 Moderate Index
descriptionScheme Information Document(SID)
Fund house contact details
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Address
9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone
022 - 61793000
Launch Date
29 Jun 1987
E-mail
[email protected]
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,
Email
[email protected]
Website
www.camsonline.com
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	1M	3M	6M	All
Fund returns	1.2%	NA	NA	2.6%
Category average	NA	NA	NA	NA
Rank with in category	NA	NA	NA	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	23.6%
ICICI Bank Ltd.	Financial	Equity	4.1%
Housing Development Finance Corpn. Ltd.	Financial	Equity	3.5%
Axis Bank Ltd.	Financial	Equity	3.3%
ITC Ltd.	FMCG	Equity	2.9%
HDFC Bank Ltd.	Financial	Equity	2.8%
Tech Mahindra Ltd.	Technology	Equity	2.7%
Bharti Airtel Ltd.	Communication	Equity	2.6%
Kotak Mahindra Bank Ltd.	Financial	Equity	2.5%
HCL Technologies Ltd.	Technology	Equity	1.8%

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

Rating	NA
Fund size	₹17,438.39 Cr