SBI Balanced Advantage Fund
The scheme seeks to provide long term capital appreciation / income from a dynamic mix of equity and debt investments.
Growthvine rating: 5/5 — ranked #1 of 35 in category.
Fund basics
| Category | Hybrid: Balanced Advantage |
|---|
| NAV | ₹15.92 (as of 2026-08-21) |
|---|
| AUM | ₹41,513 Cr |
|---|
| Expense ratio | 1.28% |
|---|
| Riskometer | Moderately High |
|---|
| Fund manager | Dinesh Balachandran |
|---|
| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
|---|
Performance & risk
| Sharpe ratio | 0.54 |
|---|
| Standard deviation | 7.80% |
|---|
| Max drawdown | -7.58% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Over 5 years, captured 106.7% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 76.9% of its downside.
Market cap allocation
| Large cap | 74.0% |
|---|
| Mid cap | 15.4% |
|---|
| Small cap | 10.5% |
|---|
Concentration
| Top 5 holdings | 17.1% |
|---|
| Top 10 holdings | 26.4% |
|---|
| Total holdings | 112 |
|---|
Top holdings
- Net Receivable / Payable — 14.8%
- Reliance Industries Ltd — 4.5%
- HDFC Bank Ltd. — 3.7%
- ICICI Bank Ltd. — 3.7%
- TREPS — 3.0%
- Gail (India) Ltd. — 2.6%
- Larsen & Toubro Limited — 2.5%
- Tech Mahindra Limited — 2.1%
- 364 DAY T-BILL 04.03.27 — 2.0%
- TATA MOTORS PASSENGER VEHICLES LIMITED — 1.8%
Top sectors
- Banking & Financial — 15.6%
- Retail — 6.2%
- Petroleum Products — 6.1%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -1.3% | Q3 | #27 of 35 |
| 2025 | 10.0% | Q1 (Top) | #3 of 34 |
| 2024 | 13.5% | Q2 | #13 of 30 |
| 2023 | 20.4% | Q1 (Top) | #5 of 26 |
| 2022 | 5.1% | Q2 | #7 of 21 |