SBI Multi Asset Allocation Fund
The scheme seeks to provide the investors an opportunity to invest in an actively managed portfolio of multiple asset classes.
Growthvine rating: 4/5 — ranked #11 of 48 in category.
Fund basics
| Category | Hybrid: Multi Asset |
|---|
| NAV | ₹66.76 (as of 2026-09-11) |
|---|
| AUM | ₹19,354 Cr |
|---|
| Expense ratio | 1.12% |
|---|
| Riskometer | Very 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
| 5-year annualised return | 12.87% |
|---|
| Sharpe ratio | 1.05 |
|---|
| Standard deviation | 8.33% |
|---|
| Max drawdown | -17.63% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Over 5 years, captured 103.0% of NIFTY Multi Asset - Equity : Debt : Arbitrage : REITs/InvITs (50:20:20:10) Index's upside and 51.1% of its downside.
Market cap allocation
| Large cap | 40.0% |
|---|
| Mid cap | 23.0% |
|---|
| Small cap | 37.1% |
|---|
Concentration
| Top 5 holdings | 10.4% |
|---|
| Top 10 holdings | 18.5% |
|---|
| Total holdings | 69 |
|---|
Top holdings
- SBI Gold ETF — 6.4%
- TREPS — 4.9%
- SBI Silver ETF — 3.7%
- Brookfield India Real Estate Trust — 2.6%
- Gail (India) Ltd. — 2.1%
- Delhivery Limited — 2.1%
- HDFC Bank Ltd. — 2.0%
- 6.94% CGL 2036 — 1.9%
- Mahindra & Mahindra Financial Services Limited — 1.8%
- Bandhan Bank Limited — 1.8%
Top sectors
- Banking & Financial — 11.2%
- Retail — 6.0%
- Oil & GAS — 4.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 1.9% | Q3 | #27 of 44 |
| 2025 | 18.6% | Q2 | #12 of 34 |
| 2024 | 12.8% | Q4 (Bottom) | #20 of 23 |
| 2023 | 24.4% | Q1 (Top) | #4 of 17 |
| 2022 | 6.0% | Q2 | #7 of 14 |