Nav of sbi balanced advantage fund

SBI Mutual Fund has launched its open-ended dynamic asset allocation fund, SBI Balanced Advantage. The new fund offer period ends on August 25. Like others in this category, the intent of the fund is to contain volatility and protect downsides on market corrections. The balanced advantage fund (BAF)/dynamic asset allocation funds (DAA) category was created after SEBI’s new categorisation rules. Rules say these funds need to invest in equity/debt that is managed dynamically within a wide range of 0-100 per cent. But to target equity fund taxation, these hybrid funds usually maintain 65 per cent equity exposure on an average. As such, the main differentiating factor among the two dozen funds in this versatile category is their respective in-house model that guides how schemes switch between equity, equity-linked derivatives and debt. Since each fund differs in its call on equity market direction, this reflects on the risks and returns too. Hence, investors should develop a nuanced understanding of the category before deciding to use the BAF/DAA route to fine-tune their asset allocation needs. All-weather solution? Given the superlative performance of equities over the last year or so, risk-averse investors are understandably even more edgy when it comes to going for pure equity funds and encountering sharp drawdowns. Asset allocation products such BAF/DAA schemes have a ready-made solution for this problem. They have the potential to navigate volatile markets through debt an...

Returns Type 1 Month (%) 6 Months (%) 1 Year (%) 3 Years (%) 5 Years (%) Since Inception (%) Scheme - SBI Balanced Advantage Fund (G) 2.43 7.18 17.89 0 0 8.44 Benchmark - Nifty 50 Hybrid Composite Debt 50:50 Index 0 0 0 0 0 0 Category Average - BEST HYBRID PERFORMERS 2.55 4.37 15.78 14.01 8.28 8.53 Category Rank 2/4 3/4 3/4 3/4 3/4 4/4 Fund Name Nav ( ) Chg (%) 1Y Return(%) 3Y Return(%) 5Y Return(%) AUM ( in Crs) Exp. Ratio (%) Min.Invst( ) Action 12.3200 0.65 18.58 0.00 0.00 1,392.94 2.07 5,000.00 17.8735 0.64 21.69 17.99 0.00 3,139.26 1.92 5,000.00 15.9946 0.64 15.55 9.15 5.71 617.03 2.39 500.00 13.7821 0.62 10.88 11.26 0.00 46.25 0.00 5,000.00 34.0266 -97.93 11.97 12.59 6.14 5,269.81 1.64 15,000.00 SCHEME DETAILS AMC Name : SBI Mutual Fund Fund Name : SBI Balanced Advantage Fund (G) Contact Persone : Dinesh Balachandran Registered Address : 9th Floor,Crescenzo, C-39&39,G Block, Bandra kurla complex,Bandra (east), Mumbai-400 051. Telephone No : 022-61793000 Fax No. : 022-67425687 Email : Website :

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 ₹7,72,160 Cr and the Latest NAV as of 16 Jun 2023 is ₹11.79. The SBI Balanced Advantage Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year. ;

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 ₹7,72,160 Cr and the Latest NAV as of 16 Jun 2023 is ₹11.79. The SBI Balanced Advantage Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year. ;

Returns Type 1 Month (%) 6 Months (%) 1 Year (%) 3 Years (%) 5 Years (%) Since Inception (%) Scheme - SBI Balanced Advantage Fund (G) 2.43 7.18 17.89 0 0 8.44 Benchmark - Nifty 50 Hybrid Composite Debt 50:50 Index 0 0 0 0 0 0 Category Average - BEST HYBRID PERFORMERS 2.55 4.37 15.78 14.01 8.28 8.53 Category Rank 2/4 3/4 3/4 3/4 3/4 4/4 Fund Name Nav ( ) Chg (%) 1Y Return(%) 3Y Return(%) 5Y Return(%) AUM ( in Crs) Exp. Ratio (%) Min.Invst( ) Action 12.3200 0.65 18.58 0.00 0.00 1,392.94 2.07 5,000.00 17.8735 0.64 21.69 17.99 0.00 3,139.26 1.92 5,000.00 15.9946 0.64 15.55 9.15 5.71 617.03 2.39 500.00 13.7821 0.62 10.88 11.26 0.00 46.25 0.00 5,000.00 34.0266 -97.93 11.97 12.59 6.14 5,269.81 1.64 15,000.00 SCHEME DETAILS AMC Name : SBI Mutual Fund Fund Name : SBI Balanced Advantage Fund (G) Contact Persone : Dinesh Balachandran Registered Address : 9th Floor,Crescenzo, C-39&39,G Block, Bandra kurla complex,Bandra (east), Mumbai-400 051. Telephone No : 022-61793000 Fax No. : 022-67425687 Email : Website :

SBI Mutual Fund has launched its open-ended dynamic asset allocation fund, SBI Balanced Advantage. The new fund offer period ends on August 25. Like others in this category, the intent of the fund is to contain volatility and protect downsides on market corrections. The balanced advantage fund (BAF)/dynamic asset allocation funds (DAA) category was created after SEBI’s new categorisation rules. Rules say these funds need to invest in equity/debt that is managed dynamically within a wide range of 0-100 per cent. But to target equity fund taxation, these hybrid funds usually maintain 65 per cent equity exposure on an average. As such, the main differentiating factor among the two dozen funds in this versatile category is their respective in-house model that guides how schemes switch between equity, equity-linked derivatives and debt. Since each fund differs in its call on equity market direction, this reflects on the risks and returns too. Hence, investors should develop a nuanced understanding of the category before deciding to use the BAF/DAA route to fine-tune their asset allocation needs. All-weather solution? Given the superlative performance of equities over the last year or so, risk-averse investors are understandably even more edgy when it comes to going for pure equity funds and encountering sharp drawdowns. Asset allocation products such BAF/DAA schemes have a ready-made solution for this problem. They have the potential to navigate volatile markets through debt an...

SBI Mutual Fund has launched its open-ended dynamic asset allocation fund, SBI Balanced Advantage. The new fund offer period ends on August 25. Like others in this category, the intent of the fund is to contain volatility and protect downsides on market corrections. The balanced advantage fund (BAF)/dynamic asset allocation funds (DAA) category was created after SEBI’s new categorisation rules. Rules say these funds need to invest in equity/debt that is managed dynamically within a wide range of 0-100 per cent. But to target equity fund taxation, these hybrid funds usually maintain 65 per cent equity exposure on an average. As such, the main differentiating factor among the two dozen funds in this versatile category is their respective in-house model that guides how schemes switch between equity, equity-linked derivatives and debt. Since each fund differs in its call on equity market direction, this reflects on the risks and returns too. Hence, investors should develop a nuanced understanding of the category before deciding to use the BAF/DAA route to fine-tune their asset allocation needs. All-weather solution? Given the superlative performance of equities over the last year or so, risk-averse investors are understandably even more edgy when it comes to going for pure equity funds and encountering sharp drawdowns. Asset allocation products such BAF/DAA schemes have a ready-made solution for this problem. They have the potential to navigate volatile markets through debt an...

Returns Type 1 Month (%) 6 Months (%) 1 Year (%) 3 Years (%) 5 Years (%) Since Inception (%) Scheme - SBI Balanced Advantage Fund (G) 2.43 7.18 17.89 0 0 8.44 Benchmark - Nifty 50 Hybrid Composite Debt 50:50 Index 0 0 0 0 0 0 Category Average - BEST HYBRID PERFORMERS 2.55 4.37 15.78 14.01 8.28 8.53 Category Rank 2/4 3/4 3/4 3/4 3/4 4/4 Fund Name Nav ( ) Chg (%) 1Y Return(%) 3Y Return(%) 5Y Return(%) AUM ( in Crs) Exp. Ratio (%) Min.Invst( ) Action 12.3200 0.65 18.58 0.00 0.00 1,392.94 2.07 5,000.00 17.8735 0.64 21.69 17.99 0.00 3,139.26 1.92 5,000.00 15.9946 0.64 15.55 9.15 5.71 617.03 2.39 500.00 13.7821 0.62 10.88 11.26 0.00 46.25 0.00 5,000.00 34.0266 -97.93 11.97 12.59 6.14 5,269.81 1.64 15,000.00 SCHEME DETAILS AMC Name : SBI Mutual Fund Fund Name : SBI Balanced Advantage Fund (G) Contact Persone : Dinesh Balachandran Registered Address : 9th Floor,Crescenzo, C-39&39,G Block, Bandra kurla complex,Bandra (east), Mumbai-400 051. Telephone No : 022-61793000 Fax No. : 022-67425687 Email : Website :

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 ₹7,72,160 Cr and the Latest NAV as of 16 Jun 2023 is ₹11.79. The SBI Balanced Advantage Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. For units in excess of 10% of the investment,1% will be charged for redemption within 1 year. ;

Returns Type 1 Month (%) 6 Months (%) 1 Year (%) 3 Years (%) 5 Years (%) Since Inception (%) Scheme - SBI Balanced Advantage Fund (G) 2.43 7.18 17.89 0 0 8.44 Benchmark - Nifty 50 Hybrid Composite Debt 50:50 Index 0 0 0 0 0 0 Category Average - BEST HYBRID PERFORMERS 2.55 4.37 15.78 14.01 8.28 8.53 Category Rank 2/4 3/4 3/4 3/4 3/4 4/4 Fund Name Nav ( ) Chg (%) 1Y Return(%) 3Y Return(%) 5Y Return(%) AUM ( in Crs) Exp. Ratio (%) Min.Invst( ) Action 12.3200 0.65 18.58 0.00 0.00 1,392.94 2.07 5,000.00 17.8735 0.64 21.69 17.99 0.00 3,139.26 1.92 5,000.00 15.9946 0.64 15.55 9.15 5.71 617.03 2.39 500.00 13.7821 0.62 10.88 11.26 0.00 46.25 0.00 5,000.00 34.0266 -97.93 11.97 12.59 6.14 5,269.81 1.64 15,000.00 SCHEME DETAILS AMC Name : SBI Mutual Fund Fund Name : SBI Balanced Advantage Fund (G) Contact Persone : Dinesh Balachandran Registered Address : 9th Floor,Crescenzo, C-39&39,G Block, Bandra kurla complex,Bandra (east), Mumbai-400 051. Telephone No : 022-61793000 Fax No. : 022-67425687 Email : Website :