SBI Balanced Advantage Fund - Regular Plan - Growth
Beginner-friendly💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 74% of historical 3-year rolling periods.
- Strong capital defense: downside capture of 40% limits losses during market corrections.
- Cost-efficient: expense ratio of 1.66% is lower than category median (2.4%).
- Equities carry market risk; returns fluctuate and recommended investment horizon is 5+ years.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +4.94% | +5.51% | -0.57% |
| 3 Months | -0.04% | +1.29% | -1.33% |
| 6 Months | +1.67% | +5.25% | -3.58% |
| 1 Year | +1.11% | +2.38% | -1.27% |
| 3 Years CAGR | +9.74% | +9.06% | +0.68% |
| 5 Years CAGR | +9.35% | +7.86% | +1.49% |
| Since Inception | +9.43% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in SBI Balanced Advantage Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | -0.66% | +1.91% | -2.57% |
| 2025 | +10.00% | +5.68% | +4.32% |
| 2024 | +13.46% | +12.82% | +0.64% |
| 2023 | +20.39% | +18.07% | +2.32% |
| 2022 | +5.07% | +2.58% | +2.49% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -4.28% | +11.28% | +8.69% | +27.36% | 97.6% | 59.3% |
| 3-Year Rolling | +7.83% | +12.71% | +13.07% | +16.21% | 100.0% | 74.1% |
| 5-Year Rolling | +8.09% | +8.69% | +8.63% | +9.36% | 100.0% | 100.0% |
Risk Profile & Deepest Drawdowns
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and Equity related instruments - 0-100% | Per Scheme Mandate |
| Debt securities (including securitized debt) and money market instruments (including TRIPARTY REPO, Reverse Repo and equivalent) - 0-100% | Per Scheme Mandate |
Investment Objective & Strategy
The investment objective of the scheme is 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.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 41,907 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as strained relative to Balanced Advantage schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Balanced Advantage Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Mirae Asset Balanced Advantage Fund | 6.4 | +10.02% | 2.27% | 41.0% | Rs 2,200 cr | Compare → |
| Mahindra Manulife Balanced Advantage Fund | 5.8 | +10.57% | 2.38% | 52.6% | Rs 922 cr | Compare → |
| Edelweiss Balanced Advantage Fund | 6.4 | +10.89% | 1.91% | 53.3% | Rs 13,694 cr | Compare → |
| Kotak Balanced Advantage Fund | 5.6 | +9.62% | 1.86% | 53.1% | Rs 17,349 cr | Compare → |
| Baroda BNP Paribas Balanced Advantage Fund | 6.9 | +11.91% | 2.03% | 60.6% | Rs 5,503 cr | Compare → |
Frequently Asked Questions about SBI Balanced Advantage Fund
What is the expense ratio of SBI Balanced Advantage Fund?
SBI Balanced Advantage Fund has a total expense ratio (TER) of 1.66% with a base expense ratio of 1.28%, compared to the Balanced Advantage category median of 2.40%.
Who manages SBI Balanced Advantage Fund?
SBI Balanced Advantage Fund is managed by Dinesh Balachandran (tenure: 5.2 years since 2021-08-31).
What are the historical returns of SBI Balanced Advantage Fund?
SBI Balanced Advantage Fund delivered a 3-year CAGR of 9.74% and a 5-year CAGR of 9.35%. Its 1-year return stands at +1.11%.
How large is SBI Balanced Advantage Fund?
SBI Balanced Advantage Fund manages assets of Rs 41,907 cr, placing it in the 'strained' size band relative to Balanced Advantage peers.
How is SBI Balanced Advantage Fund scored on MFIQ?
SBI Balanced Advantage Fund holds an MFIQ Score of 7.7/10 (Good), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is SBI Balanced Advantage Fund?
SBI Balanced Advantage Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 6.94% with a maximum historical drawdown of -7.58%.