3 Year return
16.03%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹6590.55 Cr.
Expense Ratio
0.51% (inclusive of GST)
Exit Load
For exit within 12 months from the date of allotment For 10% of investment - Nil For remaining investment - 1.00% For exit after 12 months from the date of allotment - Nil.
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
SBI Mutual Fund Managers
DB
Dinesh Balachandran
Fund Manager since Apr 2022
Fund House Details
SBI Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Quant Multi Asset Fund |
24.24% |
4 |
ICICI Prudential Multi Asset Fund |
21.5% |
5 |
HDFC Multi Asset Fund |
14.29% |
4.5 |
Schemes by SBI Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan IDCW Reinvestment
Hybrid . Arbitrage Fund
SBI Arbitrage Opportunities Fund Direct Plan Gr
Equity . Sectoral / Thematic
SBI Automotive Opportunities Fund Direct Plan Growth
Equity . Sectoral / Thematic
SBI Automotive Opportunities Fund Direct Plan IDCW Payout
About SBI Multi Asset Allocation Fund Direct-Growth
The SBI Multi Asset Allocation Fund Direct-Growth is an offering from SBI Mutual Fund, designed to meet the diverse needs of today's investors. Unlike traditional funds that might lean heavily towards one asset type, this multi-asset allocation fund diversifies its holdings across several assets, encompassing stocks, debt, gold, cash, and even derivatives. There's no lock-in period, providing an added layer of convenience and flexibility for investors. Also, this is an open-ended fund, meaning the investor can buy or sell fund units at any time.
Investment Objectives of the Scheme
The primary goal of the SBI Multi Asset Allocation Fund is to grant investors access to a well-rounded and actively managed portfolio, one that spans multiple asset classes. By allocating resources across various assets, it inherently reduces the risks associated with market volatility. Each asset class has its own risk and return profile, and by combining them, this fund aims to provide a smoother investment experience.
Key Features of The Fund
5-year return | 15.64% |
Expense Ratio | 0.51% |
Fund Manager | Dinesh Balachandran |
Fund Size | ₹6590.55 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
For investors who appreciate the concept of diversification but wish to sidestep the intricacies of individual asset allocation, this fund might be a fitting choice. The SBI Multi Asset Allocation Fund is essentially a one-stop solution, offering exposure to varied asset classes without the hassle of manual allocation. If you're looking for a long-term investment, with a horizon of at least 5 years, and value the stability that comes with diversification, then this fund can be considered.
AMC Contact Details
Name | SBI Mutual Fund |
Launch Date | June 1987 |
Addresss | 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051 |
Contact | 1800 209 3333 1800 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 Multi Asset Allocation Fund?
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What is the minimum SIP amount to invest in SBI Multi Asset Allocation Fund?
How do I invest in SBI Multi Asset Allocation Fund?
- 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 Multi Asset Allocation Fund?
- 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 Multi Asset Allocation Fund?
- 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 Multi Asset Allocation Fund?
- 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.