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 |
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| NAV | ₹15.30 (as of 2026-10-01) |
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| AUM | ₹41,803 Cr |
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| Expense ratio | 1.28% |
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| Riskometer | Moderately High |
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| Fund manager | Dinesh Balachandran |
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| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
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Performance & risk
| 5-year annualised return | 8.50% |
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| Sharpe ratio | 0.51 |
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| Standard deviation | 7.84% |
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| Max drawdown | −7.58% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 106.8% of NIFTY 50 Hybrid Composite Debt 50:50 Index's upside and 79.2% of its downside.
Market cap allocation
| Large cap | 74.6% |
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| Mid cap | 15.0% |
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| Small cap | 10.4% |
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Concentration
| Top 5 holdings | 16.9% |
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| Top 10 holdings | 26.5% |
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| Total holdings | 105 |
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Top holdings
- Net Receivable / Payable — 13.7%
- TREPS — 6.8%
- Reliance Industries Ltd — 4.4%
- ICICI Bank Ltd. — 3.8%
- HDFC Bank Ltd. — 3.6%
- Gail (India) Ltd. — 2.6%
- Larsen & Toubro Limited — 2.5%
- Tech Mahindra Limited — 2.1%
- 364 DAY T-BILL 04.03.27 — 2.0%
- INDUS TOWERS LIMITED — 2.0%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −5.2% | 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 |