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SBI Balanced Advantage Fund NFO


SBI Mutual Fund has launched new Balanced Advantage Fund offer of an open-ended dynamic asset allocation Balanced Advantage Fund. This fund seeks to generate long-term capital appreciation by aiming to capture the potential upside and limit the downside in volatile equity markets. SBI Balanced Advantage Fund would track CRISIL Hybrid 50+50 – Moderate Index TRI. The New Fund Offer which opened on Aug 12, 2021 closes on August 25, 2021. The scheme will re-open for subscription and redemption within 5 business days from the date of allotment.

Investment Objective

The investment objective of the scheme is to provide long term capital appreciation / income from a dynamic mix of equity and debt investments.

However, there can be no assurance that the investment objective of the Scheme will be realized.

Investment Strategies

The scheme endeavours to provide long term capital appreciation/income from a mix of equity and debt investments. The scheme may also invest in Government securities, money market instruments, securitised debt, corporate debentures and bonds, quasi Government bonds or any other debt instruments, equity and equity related instruments etc as permitted by regulations.

Different asset classes exhibit different risk-return profile and relatively low correlation to each other as compared to investments within the same asset class. The fund manager will determine asset allocation between equity and debt depending on prevailing market and economic conditions. The debt-equity mix at any point of time will be a function of various factors such as equity valuations, interest rates, view on the asset classes and risk management etc.

Benchmark

The scheme would be benchmarked to the CRISIL Hybrid 50+50 – Moderate Index TRI. The composition of the aforesaid benchmark is such that it is most suited for comparing performance of the Scheme.

Asset Allocation

The funds collected under the scheme shall generally be invested consistent with the objective of the scheme in the following manner:

Fund Managers

  • Mr. Gaurav Mehta and Mr. Dinesh Balachandran for Equity portion

  • Mr. Dinesh Ahuja for Debt portion

  • Mr. Mohit Jain is the dedicated fund manager for managing overseas investments

Performance of existing Balanced Advantage Funds

Here is the performance of some existing Balanced Advantage funds. This would give an idea to investors on how these funds have performed in medium to long term. Returns indicated here are annualized returns

Suitability