FAQ : SBI Balanced Advantage Fund - Regular Plan - Growth

SBI Balanced Advantage Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 25.35 N/A N/A N/A
Average Rolling Returns(%) 12.56 N/A N/A N/A

The Current NAV of SBI Balanced Advantage Fund - Regular Plan - Growth is ₹13.62.

It is better to invest in a fund with a longer track record as SBI Balanced Advantage Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 50 returns, as Funds portfolio is significantly different.

SBI Balanced Advantage Fund - Regular Plan - Growth fund’s expense ratio is 1.61%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of SBI Balanced Advantage Fund - Regular Plan - Growth is currently ₹28,096 Crores.

The Top three stocks are ICICI Bank, HDFC Bank and GAIL India and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 19% and 31% of fund’s portfolio respectively.

Top three sectors of SBI Balanced Advantage Fund - Regular Plan - Growth fund are Others, BFSI and Oil & Gas accounting for 61% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Hybrid - Balanced Advantage it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of SBI Balanced Advantage Fund - Regular Plan - Growth Fund is Hybrid - Balanced Advantage.

Mansi Sajeja and Rajeev Radhakrishnan manage the SBI Balanced Advantage Fund - Regular Plan - Growth Fund.

SBI Balanced Advantage Fund - Regular Plan - Growth current PE ratio is 31.07 and PB ratio is 4.53

The asset allocation of SBI Balanced Advantage Fund - Regular Plan - Growth is Stocks : 67.74%, Debt : 28.40% and Gold : 3.89%

The minimum SIP amount for SBI Balanced Advantage Fund - Regular Plan - Growth is ₹500.00 and minimum lumpsum is ₹5000.00

The exit load for SBI Balanced Advantage Fund - Regular Plan - Growth is Nil upto 10% of units and 1% for remaining units on or before 1 year, Nil after 1 year

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