4 Top Balanced Funds By SBI For Better Diversification

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Investment
oi-Sneha Kulkarni

| Published: Tuesday, November 9, 2021, 17:07 [IST]

As markets trade at stretched valuations and investors become anxious, balanced advantage funds (BAFs), also known as dynamic asset allocation funds (DAAFs), have emerged as an investor favorite. At the end of September, the BAF category had grown to be the largest among hybrid funds, with a market capitalization of $1.43 trillion.

Balanced funds, also known as hybrid funds, invest in both equity and debt funds, allowing investors to benefit from both capital growth and predictable returns. Here are 4 balanced funds offered by SBI Mutual fund.

SBI Multi Asset Allocation Fund

SBI Multi Asset Allocation Fund Direct-Growth is a medium-sized fund in its category, with assets under management (AUM) of 460 crores. The fund has a 1.0 percent cost ratio, which is greater than most other Multi-Asset Allocation funds. The fund now has a 38.30 percent equity allocation and a 34.08 percent debt allocation.

SBI Multi Asset Allocation Fund Direct-Growth returns are 22.00 percent over the last year. It has returned an average of 11.69 percent per year since its inception.

SBI Equity Hybrid Fund

SBI Equity Hybrid Fund Direct Plan-Growth is a medium-sized fund in its category, with assets under management (AUM) of Rs 47,470 crores. The scheme will invest in a diversified portfolio of high-growth shares, with the rest of the money going into fixed-income assets to reduce risk. The fund’s expense ratio is 0.9 percent, which is comparable to the expense ratios charged by most other Aggressive Hybrid funds. The fund now has a 73.79 percent stock allocation and a 21.94 percent debt exposure.

SBI Equity Hybrid Fund Direct Plan has a 1-year growth rate of 44.78 percent. It has had an average yearly return of 16.58 percent since its inception. The NAV of SBI Equity Hybrid Fund for Nov 03, 2021 is 221.02.

SBI Debt Hybrid Fund Direct

SBI Debt Hybrid Fund Direct-Growth has assets under management (AUM) of 4,122 Crores, making it a medium-sized fund in its category. The scheme aims to give investors the option of investing primarily in debt and money market securities, with a secondary focus on equities and equity-related instruments. The fund’s expense ratio is 0.58 percent, which is lower than the expense ratios charged by most other Conservative Hybrid funds. The fund now has a 24.27 percent equity allocation and a 69.64 percent debt allocation.

The 1-year returns on SBI Debt Hybrid Fund Direct-Growth are 20.53 percent. It has returned an average of 10.39 percent every year since its inception.

SBI Arbitrage Opportunities Fund

SBI Arbitrage Opportunities Fund Direct-Growth is a medium-sized fund in its category, with assets under management (AUM) of 4,683 crores. It will invest in stocks, with a corresponding investment in equity derivatives to offset the stock investment. The fund’s fee ratio is 0.42 percent, which is comparable to the expense ratios charged by most other Arbitrage funds. The fund currently has a 0.39 percent equity allocation and a 29.97 percent debt allocation.

The 1-year returns on SBI Arbitrage Opportunities Fund Direct-Growth are 4.27 percent. It has returned an average of 6.81 percent per year since its inception.

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Story first published: Tuesday, November 9, 2021, 17:07 [IST]

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