SBI Multi Asset Allocation Fund Direct Dividend Yearly is a Hybrid Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 24 Jun 2013. Dinesh Ahuja, Ruchit Mehta is the Current Fund Manager of SBI Multi Asset Allocation Fund Direct Dividend Yearly.The fund currently has an Asset Under Management(AUM) of ₹254 Cr and the Latest NAV as of 24 Jan 2020 is ₹17.73.
The SBI Multi Asset Allocation Fund Direct Dividend Yearly is rated Moderately High risk. Minimum SIP Investment is 500. For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months.
To provide regular income, liquidity and attractive returns to investors in addition to mitigating the impact of interest rate risk through an actively managed portfolio of floating rate and fixed rate debt instruments, equity, money market instruments and derivatives.
Returns are taxed as per your Income Tax slab, if sold before 3 years and 20% with indexation benefit post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months