Launch date | 12 Aug 2021 |
Allotment date | 31 Aug 2021 |
End date | 25 Aug 2021 |
NAV | ₹10.00 |
Inclusive of GST
For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
0.005% (from July 1st, 2020)
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Min. for 1st investment | ₹5,000 |
Min. for 2nd investment onwards | ₹1,000 |
Min. for SIP | ₹250 |
Rank (total assets) | #1 in India |
---|---|
Total AUM | ₹11,93,297.31Cr |
Date of Incorporation | 29 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 ₹11,93,297 Cr and the Latest NAV as of 02 Sep 2025 is ₹15.81. The SBI Balanced Advantage Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹250. Minimum Lumpsum Investment is ₹5,000. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year. ;
The scheme seeks to provide long term capital appreciation / income from a dynamic mix of equity and debt investments. ;
Fund benchmark | NIFTY 50 Hybrid Composite Debt 50:50 Index |
---|
Hybrid, Dynamic Asset Allocation funds | Rating | 1Y | 3Y | Fund Size(Cr) |
---|---|---|---|---|
HDFC Balanced Advantage Fund Direct Growth | 5 | 0.3% | 19.0% | 1,01,772.60 |
SBI Balanced Advantage Fund Direct Growth | 5 | 3.0% | 14.1% | 36,558.31 |
ICICI Prudential Balanced Advantage Direct Growth | 4 | 6.2% | 13.6% | 64,964.03 |
Nippon India Balanced Advantage Fund Direct Growth | 4 | 2.7% | 13.2% | 9,355.29 |
DSP Dynamic Asset Allocation Fund Direct Growth | 4 | 5.2% | 12.3% | 3,503.00 |