HYBRID•DYNAMIC ASSET ALLOCATION OR BALANCED ADVANTAGE
SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment
3 Year return
10.93%
NAV on August 27, 2026
16.6662
1D Returns
-0.05%
Launched on August 2021(5 years)
Investment Details
₹500
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
18.78%₹676
Total Value ₹4,276
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹42,244.29 Cr.
Expense Ratio
0.86% (inclusive of GST)
Exit Load
Nil - If units purchased or switched in from another scheme of the Fund are redeemed or switched out upto 10% of the units (the limit) purchased or switched on or before 1 year from the date o allotment. 1% - If units purchased or switched in from another scheme of the Fund are redeemed or switched out in excess of the limit on or before 1 year from the date of allotment Nil - If units purchasd or switched in from anoter scheme of the Fund are redeemed or switched out after 1 year from the date of allotment
Ratings
0
Ratings by other agencies
Value Research
0
Crisil
0
Morning Star
0
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
SBI Mutual Fund Manager
AU
Anup Upadhyay
Fund Manager since Dec 2024
DB
Dinesh Balachandran
Fund Manager since Aug 2021
MS
Mansi Sajeja
Fund Manager since Dec 2023
PK
Pradeep Kesavan
Fund Manager since Dec 2023
RR
Rajeev Radhakrishnan
Fund Manager since Dec 2023
Fund House Details
SBI Mutual Fund
Asset management company
AUM
₹12,81,380.68 Cr.
No. of Schemes
273
Setup Date
June 1987
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| HDFC Balanced Advantage Fund | 13.23% | 4 |
| Baroda BNP Paribas Dynamic Asset Allocation Fund | 13.8592% | 3 |
| ICICI Prudential Balanced Advantage Fund | 12.8889% | 5 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
The SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment is a dynamic asset allocation fund. This means that the fund manager will adjust the asset allocation of the fund between equity and debt based on the market conditions. The fund aims to generate returns that are higher than the returns of a balanced fund in the long term.
The SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment is an open ended fund. This means that the fund will continuously issue and redeem units.
The expense ratio of the SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment is lower than the category average.
Investment Objectives of the Scheme
The investment objective of the SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment is to generate returns that are higher than the returns of a balanced fund in the long term. The fund will achieve this objective by investing in a mix of equity and debt securities. The fund manager will adjust the asset allocation of the fund between equity and debt based on the market conditions.
Key Features of The Fund
5-year return
0%
Expense Ratio
0.86%
Fund Manager
Anup Upadhyay
Fund Size
₹42244.29 Cr.
Risk Profile
Very High
Is This Scheme Right for Me?
The SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment is suitable for investors who are looking for a balanced fund with the potential to generate higher returns in the long term. The fund is also suitable for investors who are not comfortable with the volatility of a pure equity fund.
AMC Contact Details
| Name | SBI Mutual Fund |
| Launch Date | June 1987 |
| Address | 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051 |
| Contact | 1800 209 33331800 425 5425 |
| customer.delight@sbimf.com | |
| Website | https://www.sbimf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment on August 27, 2026, is ₹16.6662
What is the AUM of SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment, is ₹42244.29 crore.
What is the expense ratio of SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment is 0.86%
What are the returns of SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment since inception?
The SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment was launched on August 12, 2021. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment is ₹500.
How do I invest in SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in SBI Balanced Advantage Fund Direct Plan IDCW Reinvestment?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,276 in 3Y at 10.9274% returns
SIP Date1st of every month
Your next SIP Payment will be on 28 September 2026
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