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News SBI Mutual Fund launches SBI Balanced Advantage Fund
Aug 12, 2021
Mutual Fund
SBI Mutual Fund launches SBI Balanced Advantage Fund
NFO period: 12th August - 25th 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
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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