SBI Multi Asset Allocation Fund Dividend Monthly is a Hybrid Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 21 Dec 2005. Dinesh Ahuja, Ruchit Mehta is the Current Fund Manager of SBI Multi Asset Allocation Fund Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹261 Cr and the Latest NAV as of 05 Dec 2019 is ₹12.89.
The SBI Multi Asset Allocation Fund Dividend Monthly is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. 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