How to Invest in SBI Balanced Advantage Fund Direct Growth?

You can easily invest in SBI Balanced Advantage Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for SBI Balanced Advantage Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in SBI Balanced Advantage Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does SBI Balanced Advantage Fund Direct Growth provide?

The SBI Balanced Advantage Fund Direct Growth has been there from 31 Aug 2021 and the average annual returns provided by this fund is 15.52% since its inception.

How much expense ratio is charged by SBI Balanced Advantage Fund Direct Growth?

The term Expense Ratio used for SBI Balanced Advantage Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of SBI Balanced Advantage Fund Direct Growth is 0.73% as of 05 Dec 2023...

What is the AUM of SBI Balanced Advantage Fund Direct Growth?

The AUM, short for Assets Under Management of SBI Balanced Advantage Fund Direct Growth is ₹24,344.35Cr as of 05 Dec 2023.

How to Redeem SBI Balanced Advantage Fund Direct Growth?

If you want to sell your SBI Balanced Advantage Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of SBI Balanced Advantage Fund Direct Growth?

You can select either SIP or Lumpsum investment of SBI Balanced Advantage Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of SBI Balanced Advantage Fund Direct Growth?

The NAV of SBI Balanced Advantage Fund Direct Growth is ₹12.73 as of 01 Dec 2023.

What is the PE and PB ratio of SBI Balanced Advantage Fund Direct Growth?

The PE ratio ratio of SBI Balanced Advantage Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

SBI Balanced Advantage Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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SBI Balanced Advantage Fund Direct Growth
Hybrid
Dynamic Asset Allocation
High Risk
1M
6M
1Y
All
 NAV: 01 Dec 2023₹12.73
Min. SIP amount₹500
RatingNA
Fund size₹24,344.35Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
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
3M6M1YAll
Fund returns2.5%8.9%15.7%25.6%
Category averageNANA12.0%NA
Rank with in category24216NA
Understand terms
Holdings (86)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity5.8%
GOI
SovereignGOI Sec5.8%
ICICI Bank Ltd.
FinancialEquity5.4%
Axis Bank Ltd.
FinancialEquity3.5%
National Highways Infra Trust
ConstructionEquity3.0%
Reliance Industries Ltd.
EnergyEquity2.8%
GAIL (India) Ltd.
EnergyEquity2.6%
Tata Motors Ltd.
AutomobileEquity2.6%
GOI
SovereignGOI Sec2.5%
Bharti Airtel Ltd.
CommunicationEquity2.3%
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
Expense ratio
Exit load
03 Dec 2023 - Present
0.73%
02 Dec 2023 - 03 Dec 2023
0.73%
01 Dec 2023 - 02 Dec 2023
0.73%
30 Nov 2023 - 01 Dec 2023
0.73%
29 Nov 2023 - 30 Nov 2023
0.73%
28 Nov 2023 - 29 Nov 2023
0.73%
27 Nov 2023 - 28 Nov 2023
0.73%
26 Nov 2023 - 27 Nov 2023
0.73%
25 Nov 2023 - 26 Nov 2023
0.73%
24 Nov 2023 - 25 Nov 2023
0.73%
23 Nov 2023 - 24 Nov 2023
0.73%
22 Nov 2023 - 23 Nov 2023
0.72%
21 Nov 2023 - 22 Nov 2023
0.72%
20 Nov 2023 - 21 Nov 2023
0.72%
19 Nov 2023 - 20 Nov 2023
0.72%
18 Nov 2023 - 19 Nov 2023
0.72%
17 Nov 2023 - 18 Nov 2023
0.72%
16 Nov 2023 - 17 Nov 2023
0.72%
15 Nov 2023 - 16 Nov 2023
0.72%
14 Nov 2023 - 15 Nov 2023
0.73%
13 Nov 2023 - 14 Nov 2023
0.73%
12 Nov 2023 - 13 Nov 2023
0.73%
11 Nov 2023 - 12 Nov 2023
0.73%
10 Nov 2023 - 11 Nov 2023
0.73%
09 Nov 2023 - 10 Nov 2023
0.73%
08 Nov 2023 - 09 Nov 2023
0.73%
07 Nov 2023 - 08 Nov 2023
0.73%
06 Nov 2023 - 07 Nov 2023
0.73%
05 Nov 2023 - 06 Nov 2023
0.73%
04 Nov 2023 - 05 Nov 2023
0.73%
03 Nov 2023 - 04 Nov 2023
0.73%
02 Nov 2023 - 03 Nov 2023
0.73%
01 Nov 2023 - 02 Nov 2023
0.74%
31 Oct 2023 - 01 Nov 2023
0.73%
30 Oct 2023 - 31 Oct 2023
0.73%
29 Oct 2023 - 30 Oct 2023
0.73%
28 Oct 2023 - 29 Oct 2023
0.73%
27 Oct 2023 - 28 Oct 2023
0.73%
26 Oct 2023 - 27 Oct 2023
0.74%
25 Oct 2023 - 26 Oct 2023
0.74%
24 Oct 2023 - 25 Oct 2023
0.74%
23 Oct 2023 - 24 Oct 2023
0.74%
22 Oct 2023 - 23 Oct 2023
0.74%
21 Oct 2023 - 22 Oct 2023
0.74%
20 Oct 2023 - 21 Oct 2023
0.74%
19 Oct 2023 - 20 Oct 2023
0.74%
18 Oct 2023 - 19 Oct 2023
0.74%
17 Oct 2023 - 18 Oct 2023
0.74%
16 Oct 2023 - 17 Oct 2023
0.74%
15 Oct 2023 - 16 Oct 2023
0.74%
14 Oct 2023 - 15 Oct 2023
0.74%
13 Oct 2023 - 14 Oct 2023
0.74%
12 Oct 2023 - 13 Oct 2023
0.74%
11 Oct 2023 - 12 Oct 2023
0.74%
10 Oct 2023 - 11 Oct 2023
0.74%
09 Oct 2023 - 10 Oct 2023
0.74%
08 Oct 2023 - 09 Oct 2023
0.74%
07 Oct 2023 - 08 Oct 2023
0.74%
06 Oct 2023 - 07 Oct 2023
0.74%
05 Oct 2023 - 06 Oct 2023
0.74%
04 Oct 2023 - 05 Oct 2023
0.74%
03 Oct 2023 - 04 Oct 2023
0.74%
02 Oct 2023 - 03 Oct 2023
0.74%
01 Oct 2023 - 02 Oct 2023
0.74%
30 Sep 2023 - 01 Oct 2023
0.74%
29 Sep 2023 - 30 Sep 2023
0.74%
28 Sep 2023 - 29 Sep 2023
0.74%
27 Sep 2023 - 28 Sep 2023
0.74%
26 Sep 2023 - 27 Sep 2023
0.74%
25 Sep 2023 - 26 Sep 2023
0.74%
24 Sep 2023 - 25 Sep 2023
0.74%
23 Sep 2023 - 24 Sep 2023
0.74%
22 Sep 2023 - 23 Sep 2023
0.74%
21 Sep 2023 - 22 Sep 2023
0.74%
20 Sep 2023 - 21 Sep 2023
0.74%
19 Sep 2023 - 20 Sep 2023
0.74%
18 Sep 2023 - 19 Sep 2023
0.74%
17 Sep 2023 - 18 Sep 2023
0.74%
16 Sep 2023 - 17 Sep 2023
0.74%
15 Sep 2023 - 16 Sep 2023
0.74%
14 Sep 2023 - 15 Sep 2023
0.74%
13 Sep 2023 - 14 Sep 2023
0.74%
12 Sep 2023 - 13 Sep 2023
0.74%
11 Sep 2023 - 12 Sep 2023
0.74%
10 Sep 2023 - 11 Sep 2023
0.74%
09 Sep 2023 - 10 Sep 2023
0.74%
08 Sep 2023 - 09 Sep 2023
0.74%
07 Sep 2023 - 08 Sep 2023
0.74%
06 Sep 2023 - 07 Sep 2023
0.74%
05 Sep 2023 - 06 Sep 2023
0.74%
04 Sep 2023 - 05 Sep 2023
0.74%
03 Sep 2023 - 04 Sep 2023
0.74%
02 Sep 2023 - 03 Sep 2023
0.74%
01 Sep 2023 - 02 Sep 2023
0.74%
31 Aug 2023 - 01 Sep 2023
0.74%
31 Jul 2023 - 31 Aug 2023
0.74%
30 Jun 2023 - 31 Jul 2023
0.75%
31 May 2023 - 30 Jun 2023
0.75%
30 Apr 2023 - 31 May 2023
0.75%
31 Mar 2023 - 30 Apr 2023
0.71%
28 Feb 2023 - 31 Mar 2023
0.70%
31 Jan 2023 - 28 Feb 2023
0.70%
31 Dec 2022 - 31 Jan 2023
0.70%
31 Dec 2022 - 31 Dec 2022
0.70%
31 Dec 2022 - 31 Dec 2022
0.70%
30 Nov 2022 - 31 Dec 2022
0.70%
30 Nov 2022 - 30 Nov 2022
0.70%
30 Nov 2022 - 30 Nov 2022
0.70%
31 Oct 2022 - 30 Nov 2022
0.70%
31 Oct 2022 - 31 Oct 2022
0.70%
31 Oct 2022 - 31 Oct 2022
0.70%
30 Sep 2022 - 31 Oct 2022
0.70%
30 Sep 2022 - 30 Sep 2022
0.70%
30 Sep 2022 - 30 Sep 2022
0.70%
31 Aug 2022 - 30 Sep 2022
0.57%
31 Aug 2022 - 31 Aug 2022
0.57%
31 Jul 2022 - 31 Aug 2022
0.52%
31 Jul 2022 - 31 Jul 2022
0.52%
30 Jun 2022 - 31 Jul 2022
0.52%
30 Jun 2022 - 30 Jun 2022
0.52%
31 May 2022 - 30 Jun 2022
0.52%
31 May 2022 - 31 May 2022
0.52%
30 Apr 2022 - 31 May 2022
0.52%
30 Apr 2022 - 30 Apr 2022
0.52%
31 Mar 2022 - 30 Apr 2022
0.48%
31 Mar 2022 - 31 Mar 2022
0.48%
28 Feb 2022 - 31 Mar 2022
0.48%
28 Feb 2022 - 28 Feb 2022
0.48%
31 Jan 2022 - 28 Feb 2022
0.34%
31 Dec 2021 - 31 Jan 2022
0.35%
30 Nov 2021 - 31 Dec 2021
0.35%
31 Oct 2021 - 30 Nov 2021
0.36%
Expense ratio, exit load and taxExpense ratio: 0.73%Inclusive 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 implicationReturns 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 amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementRajeev Radhakrishnan
Dec 2023 - Present
View details
Education
Mr. Radhakrishnan is B.E (Production), MMS (Finance) and CFA.
Experience
Prior to joining SBI AMC he has worked with UTI Asset Management Company Ltd.
Also manages these schemes
SBI Arbitrage Opportunities Fund Direct Growth
SBI Equity Hybrid Fund Direct Plan Growth
SBI Dynamic Bond Direct Plan Growth
SBI Magnum Gilt Fund Direct Growth
SBI Magnum Children's Benefit Fund Savings Plan Direct
SBI Liquid Fund Direct Plan Growth
SBI Magnum Low Duration Fund Direct Plan Growth
SBI Short Term Debt Fund Direct Growth
SBI Savings Fund Direct Growth
SBI Magnum Ultra Short Duration Fund Direct Growth
SBI Fixed Interval Debt Series 90 Days 1 Direct Growth
SBI Banking and PSU Fund Direct Growth
SBI Dual Advantage Fund Series XI Direct Growth
SBI Debt Fund Series B 26 (1100 Days) Direct Growth
SBI Debt Fund Series B 27 (1100 Days) Direct Growth
SBI Dual Advantage Fund Series XII Direct Growth
SBI Debt Fund Series B 28 (1100 Days) Direct Growth
SBI Debt Fund Series B 29 (1200 Days) Direct Growth
SBI Dual Advantage Fund Series XIV Direct Growth
SBI Debt Fund Series B 33 (1131 Days) Direct Growth
SBI Debt Fund Series B 34 (1131 Days) Direct Growth
SBI Debt Fund Series B 42 (1100 Days) Direct Growth
SBI Dual Advantage Fund Series XVII Direct Growth
SBI Dual Advantage Fund Series XVIII Direct Growth
SBI Dual Advantage Fund Series XIX Direct Growth
SBI Dual Advantage Fund Series XXII Direct Growth
SBI Dual Advantage Fund Series XXIII Direct Growth
SBI Dual Advantage Fund Series XXIV Direct Growth
SBI Dual Advantage Fund Series XXV Direct Growth
SBI Dual Advantage Fund Series XXVI Direct Growth
SBI Dual Advantage Fund Series XXVII Direct Growth
SBI Dual Advantage Fund Series XXVIII Direct Growth
SBI Dual Advantage Fund Series XXIX Direct Growth
SBI Dual Advantage Fund Series XXX Direct Growth
SBI Corporate Bond Fund Direct Growth
SBI Capital Protection Oriented Fund Series A (Plan 1) Direct Growth
SBI Capital Protection Oriented Fund Series A (Plan 2) Direct Growth
SBI Capital Protection Oriented Fund Series A (Plan 3) Direct Growth
SBI Capital Protection Oriented Fund Series A (Plan 4) Direct Growth
SBI Capital Protection Oriented Fund Series A (Plan 5) Direct Growth
SBI Capital Protection Oriented Fund Series A (Plan 6) Direct Growth
SBI Capital Protection Oriented Fund Series A (Plan 7) Direct Growth
SBI Capital Protection Oriented Fund Series A (Plan 8) Direct Growth
SBI Floating Rate Debt Fund Direct Growth
SBI Balanced Advantage Fund Direct Growth
SBI Long Duration Fund Direct Growth
Dinesh Balachandran
Aug 2021 - Present
View details
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 Long Term Equity Fund Direct Plan Growth
SBI Contra Direct Plan Growth
SBI Multi Asset Allocation Fund Direct Growth
SBI Dynamic Asset Allocation Fund Direct Growth
SBI Balanced Advantage Fund Direct Growth
Mansi Sajeja
Dec 2023 - Present
View details
Education
Ms. Sajeja is a CFA and has done Post Graduate Diploma in Business Management.
Experience
Prior to joining SBIFMPL, she was Rating Analyst at ICRA Limited.
Also manages these schemes
SBI Equity Hybrid Fund Direct Plan Growth
SBI Credit Risk Fund Direct Growth
SBI Short Term Debt Fund Direct Growth
SBI Conservative Hybrid Fund Direct Growth
SBI Multi Asset Allocation Fund Direct Growth
SBI Equity Savings Fund Direct Growth
SBI Balanced Advantage Fund Direct Growth
Pradeep Kesavan
Dec 2023 - Present
View details
Fund house & investment objective
SBI Mutual Fund
Rank (total assets)#1 in India
Total AUM₹8,21,488.86Cr
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 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 ₹8,21,489 Cr and the Latest NAV as of 01 Dec 2023 is ₹12.73.
The SBI Balanced Advantage Fund Direct Growth is rated High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
;
Investment ObjectiveThe scheme seeks to provide long term capital appreciation / income from a dynamic mix of equity and debt investments.
;
Fund benchmarkNIFTY 50 Hybrid Composite debt 50:50 Index
Scheme Information Document(SID)
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
E-mail
NA
Website
www.sbimf.com
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
Compare funds
SBI Balanced Advantage Fund Direct Growth
VS
Add mutual fund to compare

	3M	6M	1Y	All
Fund returns	2.5%	8.9%	15.7%	25.6%
Category average	NA	NA	12.0%	NA
Rank with in category	24	21	6	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	5.8%
GOI	Sovereign	GOI Sec	5.8%
ICICI Bank Ltd.	Financial	Equity	5.4%
Axis Bank Ltd.	Financial	Equity	3.5%
National Highways Infra Trust	Construction	Equity	3.0%
Reliance Industries Ltd.	Energy	Equity	2.8%
GAIL (India) Ltd.	Energy	Equity	2.6%
Tata Motors Ltd.	Automobile	Equity	2.6%
GOI	Sovereign	GOI Sec	2.5%
Bharti Airtel Ltd.	Communication	Equity	2.3%

Rank (total assets)	#1 in India
Total AUM	₹8,21,488.86Cr

Date of Incorporation	29 Jun 1987

Fund benchmark	NIFTY 50 Hybrid Composite debt 50:50 Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

SBI Balanced Advantage Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (86)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.73%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Rajeev RadhakrishnanDec 2023 - PresentView details

Dinesh BalachandranAug 2021 - PresentView details

Mansi SajejaDec 2023 - PresentView details

Pradeep KesavanDec 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Rajeev Radhakrishnan
Dec 2023 - Present
View details

Dinesh Balachandran
Aug 2021 - Present
View details

Mansi Sajeja
Dec 2023 - Present
View details

Pradeep Kesavan
Dec 2023 - Present
View details