SBI Dynamic Asset Allocation Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 26 Mar 2015. Dinesh Balachandran, Mohit Jain is the Current Fund Manager of SBI Dynamic Asset Allocation Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹613 Cr and the Latest NAV as of 30 Mar 2020 is ₹11.88.
The SBI Dynamic Asset Allocation Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months for units beyond 8% of the investment..
The objective of the fund will be to provide investors with an opportunity to invest in a portfolio of a mix of equity and equity related securities and fixed income instruments. The allocation between fixed income and equity instruments will be managed dynamically so as to provide investors with long term capital appreciation However, there can be no assurance that the investment objective of the Scheme willbe achieved.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 12 months for units beyond 8% of the investment.