SBI Mutual Fund launches SBI Balanced Advantage Fund

NFO period: 12^th August – 25^th August, 2021

Highlights of the NFO:

• Scheme type – An open-ended dynamic asset allocation fund


• Investment objective – 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.


• Product suitability – The product 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 is Rs.5000/- and in multiples of Rs.1/- thereafter


• Plan/ Options available – Regular plan & Direct plan having Growth Option and Income Distribution cum capital withdrawal (IDCW) Option.


• Fund Manager – Mr. 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