SBI Balanced Advantage Fund

NFO period: 12th August – 25th August 2021

Highlights of the NFO:

  • Scheme typeAn open-ended dynamic asset allocation fund
  • Investment objectiveTo 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.
  • Scheme CategoryThe scheme is suitable for investors who are seeking long-term capital appreciation dynamic asset allocation between equity and equity-related instruments including derivatives and fixed income instruments.
  • Minimum Application Amount – First investment Rs. 5,000/- and multiples of Rs. 1/- thereafter
  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal option (Reinvestment of Income Distribution cum capital withdrawal option and Pay-out of Income Distribution cum capital withdrawal option).
  • Fund ManagersMr. Gaurav Mehta(Equity Portion), Mr. Dinesh Balachandran(Equity Portion), Mr. Dinesh Ahuja(Debt Portion), and Mr. Mohit Jain (Fund Manager & Credit Analyst)
  • Benchmark CRISIL Hybrid 50+50 – Moderate Index TRI