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Mutual FundsSBI Balanced Advantage Fund Direct Growth
S

SBI Balanced Advantage Fund Direct Growth

56.79%profit5 Year Absolute Returns

as on 31 Oct 2026

4Morning Star
4Value Research
Overview
Direct vs Regular
Returns Comparison
Historical Data
Holdings
Fund Details
AMC Details
FAQs

SBI Balanced Advantage Fund Direct Growth is a Hybrid mutual fund scheme launched on 31 Aug 2021.

Scheme Overview

  • Inception Date : 31 Aug 2021
  • AUM : ₹40,544.60 Cr
  • 5Y Returns (CAGR) : 9.41%
  • Expense Ratio : 0.86%
  • Min. SIP : ₹250
  • Min. Lumpsum : ₹5,000

Returns Calculator

basis annualised returns

Investment Type


SIP Amount


Investment Period

5Y

₹ 32.73 L

3.50%

₹ 36.98 L

8.00%

₹ 38.42 L

9.41%

Savings Account
Regular Funds
This Fund on Dhan

Total Investment

₹ 30,00,000

Returns

₹ 8,41,961 (9.41%)

Maturity Value

₹ 38,41,961

Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.

Direct vs Regular Returns

No data

Sorry, No Data Available at this Moment!

Returns vs Category

No data

Sorry, No Data Available at this Moment!

*The above returns are absolute

Returns Vs Nifty 50

Historical Returns

No data

Sorry, No Data Available at this Moment!

SIP Logo

Start SIP with as Low as ₹100.

Historical NAV

10 Days
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
No data

Sorry, No Data Available at this Moment!

Asset Allocation

AUM

₹ 40,544.60 Cr

Cash Holding

-

Equity

-

Cash

-

Debt

-

Other

-

Sector Holdings

as of 31 May 2026

SectorsWeightage
Other28.63%
Financial Services19.86%
Consumer Cyclical9.93%
Energy7.99%
Utilities7.10%
Industrials5.16%
Healthcare4.27%
Basic Materials4.20%
Technology3.98%
Consumer Defensive3.13%
Communication Services2.95%
Real Estate2.79%

Stock Holdings

as of 31 May 2026

NameWeightage
Cash Offset For Derivatives

C

Cash Offset For Derivatives

15.97%
Reliance Industries

R

Reliance Industries

4.98%
Treps

T

Treps

4.04%
HDFC Bank

H

HDFC Bank

4.04%
ICICI Bank

I

ICICI Bank

3.39%
Larsen & Toubro

L

Larsen & Toubro

2.91%
GAIL

G

GAIL

2.44%
Tata Motors Passenger Vehicles

T

Tata Motors Passenger Vehicles

2.19%
Tata Steel

T

Tata Steel

2.07%
GOI TBILL 364D-04/03/27

G

GOI TBILL 364D-04/03/27

2.00%
Tech Mahindra

T

Tech Mahindra

2.00%
Axis Bank

A

Axis Bank

1.91%
Punjab National Bank

P

Punjab National Bank

1.74%
Future on Reliance Industries Ltd

F

Future on Reliance Industries Ltd

1.68%
CESC

C

CESC

1.66%
Future on Mahindra & Mahindra Ltd

F

Future on Mahindra & Mahindra Ltd

1.65%
Sun Pharmaceutical

S

Sun Pharmaceutical

1.65%
Mahindra & Mahindra

M

Mahindra & Mahindra

1.64%
Indus Towers

I

Indus Towers

1.53%
Bank of Baroda

B

Bank of Baroda

1.43%
Torrent Power

T

Torrent Power

1.43%
Bharti Airtel

B

Bharti Airtel

1.42%
ITC

I

ITC

1.40%
Biocon

B

Biocon

1.37%
GOI TBILL 91D-16/07/26

G

GOI TBILL 91D-16/07/26

1.34%
Future on Bank of Baroda

F

Future on Bank of Baroda

1.31%
HCL Technologies

H

HCL Technologies

1.26%
Brookfield India Real Estate Trust

B

Brookfield India Real Estate Trust

1.25%
Eternal

E

Eternal

1.23%
MFL TBILL LKD 2029

M

MFL TBILL LKD 2029

1.23%
Bandhan Bank

B

Bandhan Bank

1.20%
Adani Power Limited

A

Adani Power Limited

1.17%
Power Grid Corporation of India

P

Power Grid Corporation of India

1.16%
Future on Asian Paints Ltd

F

Future on Asian Paints Ltd

1.15%
Asian Paints

A

Asian Paints

1.15%
Future on Bharti Airtel Ltd

F

Future on Bharti Airtel Ltd

1.05%
Future on Kotak Mahindra Bank Ltd

F

Future on Kotak Mahindra Bank Ltd

1.02%
Kotak Bank

K

Kotak Bank

1.01%
Jsw Kalinga Steel Limited

J

Jsw Kalinga Steel Limited

0.99%
Tata Motors

T

Tata Motors

0.99%
Indian Oil Corporation

I

Indian Oil Corporation

0.97%
M&M Financial Services

M

M&M Financial Services

0.97%
SDL MP 7.56% 2039

S

SDL MP 7.56% 2039

0.96%
Cholamandalam Investment

C

Cholamandalam Investment

0.93%
National Bank for Agriculture and Rural Development

N

National Bank for Agriculture and Rural Development

0.93%
Maruti Suzuki

M

Maruti Suzuki

0.92%
GOI LOAN  7.32% 2030

G

GOI LOAN 7.32% 2030

0.88%
Embassy Office Parks REIT

E

Embassy Office Parks REIT

0.88%
Small Industries Dev Bank Of India

S

Small Industries Dev Bank Of India

0.81%
Oil & Natural Gas Corporation

O

Oil & Natural Gas Corporation

0.77%
Meesho

M

Meesho

0.75%
Future on State Bank of India

F

Future on State Bank of India

0.75%
BTL-8.75%-05112028-NCD

B

BTL-8.75%-05112028-NCD

0.74%
State Bank of India

S

State Bank of India

0.74%
Cipla

C

Cipla

0.74%
Bajaj Finance Limited

B

Bajaj Finance Limited

0.73%
LICHFL-7.58%-23032035-NCD

L

LICHFL-7.58%-23032035-NCD

0.73%
Indian Oil Corporation Ltd. 30-Jun-26

I

Indian Oil Corporation Ltd. 30-Jun-26

0.72%
SDL TN 7.52% 2055

S

SDL TN 7.52% 2055

0.71%
United Spirits

U

United Spirits

0.71%
Future on Cummins India Ltd

F

Future on Cummins India Ltd

0.70%
GOI TBILL 364D-28/01/27

G

GOI TBILL 364D-28/01/27

0.70%
ICICI Prudential Life Insurance

I

ICICI Prudential Life Insurance

0.70%
Cummins

C

Cummins

0.69%
Future on DLF Ltd

F

Future on DLF Ltd

0.67%
Delhivery

D

Delhivery

0.67%
DLF

D

DLF

0.67%
Firstcry (Brainbees Solutions)

F

Firstcry (Brainbees Solutions)

0.65%
Dabur India

D

Dabur India

0.64%
Jamnagar Utilities & Power Private Limited

J

Jamnagar Utilities & Power Private Limited

0.59%
LIC Housing Finance Ltd

L

LIC Housing Finance Ltd

0.58%
Sona BLW Precision Forgings

S

Sona BLW Precision Forgings

0.58%
Future on Larsen & Toubro Ltd

F

Future on Larsen & Toubro Ltd

0.58%
CIFCL-7.5%-30092026-NCD

C

CIFCL-7.5%-30092026-NCD

0.58%
Future on Eternal Ltd

F

Future on Eternal Ltd

0.56%
Future on Bharat Petroleum Corp Ltd

F

Future on Bharat Petroleum Corp Ltd

0.53%
IPLICL-8.03%-19122034-NCD

I

IPLICL-8.03%-19122034-NCD

0.52%
Bharat Petroleum

B

Bharat Petroleum

0.52%
Vishal Mega Mart

V

Vishal Mega Mart

0.49%
MFL 8.45% 2029

M

MFL 8.45% 2029

0.49%
LIC of India

L

LIC of India

0.49%
BTL-7.45%-15122028-NCD

B

BTL-7.45%-15122028-NCD

0.48%
NABARD-6.66%-12102028-NCD

N

NABARD-6.66%-12102028-NCD

0.48%
Bajaj Finserv

B

Bajaj Finserv

0.48%
Mindspace Business Parks Reit

M

Mindspace Business Parks Reit

0.47%
Godrej Properties Limited

G

Godrej Properties Limited

0.47%
Future on HDFC Bank Ltd

F

Future on HDFC Bank Ltd

0.44%
BTL-8.75%-05112029-NCD

B

BTL-8.75%-05112029-NCD

0.43%
SIDBI-7.51%-12062028-NCD

S

SIDBI-7.51%-12062028-NCD

0.43%
Future on Titan Co Ltd

F

Future on Titan Co Ltd

0.42%
Titan

T

Titan

0.41%
Future on Tata Power Co Ltd

F

Future on Tata Power Co Ltd

0.41%
Tata Power

T

Tata Power

0.41%
Future on Sun Pharmaceuticals Industries Ltd

F

Future on Sun Pharmaceuticals Industries Ltd

0.40%
Carborundum Universal

C

Carborundum Universal

0.40%
Future on Wipro Ltd

F

Future on Wipro Ltd

0.39%
TOPL-7.60%-19012029-NCD

T

TOPL-7.60%-19012029-NCD

0.39%
Future on Maruti Suzuki India Ltd

F

Future on Maruti Suzuki India Ltd

0.38%
Mahindra Rural Housing Finance Limited

M

Mahindra Rural Housing Finance Limited

0.37%
Muthoot Finance Limited

M

Muthoot Finance Limited

0.37%
SDL MP 7.74% 2047

S

SDL MP 7.74% 2047

0.36%
SDIL-7.58%-30102031-NCD

S

SDIL-7.58%-30102031-NCD

0.36%
RECL-6.52%-31012028-NCD

R

RECL-6.52%-31012028-NCD

0.36%
HLICL-8.1%-14022035-NCD

H

HLICL-8.1%-14022035-NCD

0.36%
Wipro

W

Wipro

0.35%
Small Industries Development Bank Of India

S

Small Industries Development Bank Of India

0.35%
Petronet LNG

P

Petronet LNG

0.35%
HDFC Bank Limited

H

HDFC Bank Limited

0.35%
Power Grid Corporation of India Ltd.

P

Power Grid Corporation of India Ltd.

0.35%
Grasim Industries

G

Grasim Industries

0.29%
Gateway Distriparks

G

Gateway Distriparks

0.29%
Net Receivable / Payable

N

Net Receivable / Payable

0.28%
ICICI Lombard General Insurance

I

ICICI Lombard General Insurance

0.27%
Coal India

C

Coal India

0.25%
Future on Hindalco Industries Ltd

F

Future on Hindalco Industries Ltd

0.25%
UPL

U

UPL

0.25%
Hindalco Industries

H

Hindalco Industries

0.25%
NABARD-7.8%-15032027-NCD

N

NABARD-7.8%-15032027-NCD

0.25%
National Bank For Agriculture And Rural Development

N

National Bank For Agriculture And Rural Development

0.24%
Alkem Laboratories

A

Alkem Laboratories

0.24%
Tata Consultancy Services

T

Tata Consultancy Services

0.24%
TMPVL-7.08%-11052028-NCD

T

TMPVL-7.08%-11052028-NCD

0.24%
GOI LOAN  6.01% 2030

G

GOI LOAN 6.01% 2030

0.24%
Hindustan Unilever

H

Hindustan Unilever

0.22%
Future on ICICI Lombard General Insurance Co Ltd

F

Future on ICICI Lombard General Insurance Co Ltd

0.19%
LICH 7.07% 2030 SR TR455

L

LICH 7.07% 2030 SR TR455

0.18%
Future on Shriram Finance Ltd

F

Future on Shriram Finance Ltd

0.17%
Shriram Finance

S

Shriram Finance

0.16%
Container Corporation of India

C

Container Corporation of India

0.16%
Future on Lupin Ltd

F

Future on Lupin Ltd

0.16%
Lupin

L

Lupin

0.16%
Future on Nestle India Ltd

F

Future on Nestle India Ltd

0.15%
Nestle

N

Nestle

0.15%
Future on Hindustan Petroleum Corp Ltd

F

Future on Hindustan Petroleum Corp Ltd

0.14%
Hindustan Petroleum

H

Hindustan Petroleum

0.14%
Future on SBI Life Insurance Co Ltd

F

Future on SBI Life Insurance Co Ltd

0.13%
SBI Life Insurance

S

SBI Life Insurance

0.13%
Future on IndusInd Bank Ltd

F

Future on IndusInd Bank Ltd

0.13%
Indusind Bank

I

Indusind Bank

0.13%
MFL-8.85%-20122028-NCD

M

MFL-8.85%-20122028-NCD

0.12%
TATA Communications Limited

T

TATA Communications Limited

0.12%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)

K

Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)

0.12%
ACC

A

ACC

0.11%
Infosys

I

Infosys

0.11%
Syngene International

S

Syngene International

0.08%
Margin Amount For Derivative Positions

M

Margin Amount For Derivative Positions

0.08%
ICICI Prudential Asset Management

I

ICICI Prudential Asset Management

0.07%
Go Colors

G

Go Colors

0.07%
Future on JSW Steel Ltd

F

Future on JSW Steel Ltd

0.06%
JSW Steel

J

JSW Steel

0.06%
Raajmarg Infra Investment Trust

R

Raajmarg Infra Investment Trust

0.04%
Future on Axis Bank Ltd

F

Future on Axis Bank Ltd

0.03%
Tube Investment

T

Tube Investment

0.03%
Cohance Lifesciences

C

Cohance Lifesciences

0.03%
Future on Petronet LNG Ltd

F

Future on Petronet LNG Ltd

0.02%
Future on Jindal Steel Ltd

F

Future on Jindal Steel Ltd

0.02%
Jindal Steel

J

Jindal Steel

0.02%
Crompton Greaves

C

Crompton Greaves

0.02%
Future on Oil & Natural Gas Corp Ltd

F

Future on Oil & Natural Gas Corp Ltd

0.02%
Future on HDFC Life Insurance Co Ltd

F

Future on HDFC Life Insurance Co Ltd

0.02%
HDFC Life Insurance

H

HDFC Life Insurance

0.02%
Future on Bharat Electronics Ltd

F

Future on Bharat Electronics Ltd

0.02%
Bharat Electronics

B

Bharat Electronics

0.02%
Future on ITC Ltd

F

Future on ITC Ltd

0.01%
Future on Aurobindo Pharma Ltd

F

Future on Aurobindo Pharma Ltd

0.01%
Aurobindo Pharma

A

Aurobindo Pharma

0.01%
Future on One97 Communications Ltd

F

Future on One97 Communications Ltd

0.01%
One 97 Communications

O

One 97 Communications

0.01%
Indus Towers Ltd. 30-Jun-26

I

Indus Towers Ltd. 30-Jun-26

0.01%
Future on Tata Consumer Products Ltd

F

Future on Tata Consumer Products Ltd

0.01%
Tata Consumer Products

T

Tata Consumer Products

0.01%
Future on Coforge Ltd

F

Future on Coforge Ltd

0.01%
Coforge

C

Coforge

0.01%
Future on Marico Ltd

F

Future on Marico Ltd

0.01%
Marico

M

Marico

0.01%
Future on United Spirits Ltd

F

Future on United Spirits Ltd

0.01%
Future on Bajaj Finserv Ltd

F

Future on Bajaj Finserv Ltd

0.01%
Future on Dabur India Ltd

F

Future on Dabur India Ltd

0.00%
HDFC AMC

H

HDFC AMC

0.00%
Future on PNB Housing Finance Ltd

F

Future on PNB Housing Finance Ltd

0.00%
PNB Housing Finance

P

PNB Housing Finance

0.00%
Future on NMDC Ltd

F

Future on NMDC Ltd

0.00%
NMDC

N

NMDC

0.00%
Future on UltraTech Cement Ltd

F

Future on UltraTech Cement Ltd

0.00%
UltraTech Cement

U

UltraTech Cement

0.00%
Kwality Walls

K

Kwality Walls

0.00%
Future on Delhivery Ltd

F

Future on Delhivery Ltd

0.00%
SIDBI-7.49%-11062029-NCD

S

SIDBI-7.49%-11062029-NCD

0.00%
Future on LIC Housing Finance Ltd

F

Future on LIC Housing Finance Ltd

0.00%
LIC Housing Finance

L

LIC Housing Finance

0.00%
National Highways Infra Trust

N

National Highways Infra Trust

0.00%
Future on Info Edge (India) Ltd

F

Future on Info Edge (India) Ltd

0.00%
Info Edge

I

Info Edge

0.00%
Bajaj Finance

B

Bajaj Finance

0.00%
The Indian Hotels Company Ltd. 28-Jul-26

T

The Indian Hotels Company Ltd. 28-Jul-26

0.00%
Indian Hotels Company

I

Indian Hotels Company

0.00%
Interglobe Aviation

I

Interglobe Aviation

0.00%
Dr Reddys Laboratories

D

Dr Reddys Laboratories

0.00%
NBRD 7.44% 2029 SR 26F

N

NBRD 7.44% 2029 SR 26F

0.00%
GOI LOAN  6.90% 2065

G

GOI LOAN 6.90% 2065

0.00%
National Bank For Agriculture And Rural Development

N

National Bank For Agriculture And Rural Development

0.00%

Fund Comparison

Fund Details

52W High NAV

₹ 16.9213


Min. SIP Amount

₹ 250.00


Min. Lumpsum Amount

₹ 5,000.00


AUM (in Cr.)

₹ 40,544.60


Expense Ratio

0.86%


Lock-in Period

No Lock in Period


52W Low NAV

₹ 15.6651


Inception Date

31 Aug 2021


Fund Age

5 Yrs


Benchmark

Nifty 50 Hybrid Composite Debt 50:50 Index


Scheme Type

Open Ended


Stamp Duty

0.005% (from July 1st 2020)


Exit Load

  • For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.

Tax Implication

  • If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%

Fund Managers

NameQualification
Rajeev Radhakrishnan
B.E. (Production), MMS (Finance),Cleared Level 2 of the CFA exam conducted by CFA Institute, USA.
Dinesh Balachandran
B.Tech (IIT-B) and M.S. (MIT,USA).
Mansi Sajeja
Post Graduate Diploma in Business Management, CFA

Fund 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

Risk-O-Meter

Investors understand that their principal will be at

Very High Risk

Risk Scale

Low

Moderately Low

Moderate

Moderately High

High

Very High

AMC Information

SBI Mutual Fund

No. of Schemes

79

Total AUM

₹ 8,98,745.09 Cr

Contact Details

phone022-61793000
address

9th Floor,Crescenzo, C-39&39,G Block, Bandra kurla complex,Bandra (east), Mumbai-400 051.

FAQs

SBI Balanced Advantage Fund was launched on 31 Aug 2021.
The current NAV of SBI Balanced Advantage Fund is ₹16.0021 as of 31 Oct 2026.
The latest value of AUM of SBI Balanced Advantage Fund is ₹40,544.60 crores as of 31 Oct 2026.
The return on investment of SBI Balanced Advantage Fund is:
  • In the past 1Y: -3.13%
  • In the past 3Y: 9.33%
  • In the past 5Y: 9.41%
The expense ratio of SBI Balanced Advantage Fund is 0.86%.
The exit load of SBI Balanced Advantage Fund is as follows:
For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
The portfolio of SBI Balanced Advantage Fund includes:
  1. Reliance Industries: 4.98%
  2. HDFC Bank: 4.04%
  3. ICICI Bank: 3.39%
  4. Larsen & Toubro: 2.91%
  5. GAIL: 2.44%

Top 3 sectoral holdings include:
  1. Others: 61.35%
  2. Financial Services: 19.86%
  3. Consumer Cyclical: 9.93%
On the risk scale of Low, Moderately Low, Moderate, Moderately High, High and Very High, the risk-o-meter of SBI Balanced Advantage Fund is Very High.
The fund manager of SBI Balanced Advantage Fund is Rajeev Radhakrishnan, Dinesh Balachandran, Mansi Sajeja.
If you wish to invest in SBI Balanced Advantage Fund, the minimum SIP amount is ₹250 and Lumpsum is ₹5,000.
You can easily invest in mutual funds at 0% commission on Dhan. Here's how you can directly invest in SBI Balanced Advantage Fund:
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  • Invest via SIP or Lumpsum.
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Reporting of Short Sell Transactions by Clients:

Clients must report any short sale transaction, by emailing help@dhan.co with the subject “Reporting of Short Sell” on the same day.


Note: As a policy we do not give stock tips or recommendations and have not authorized anyone to give this on behalf of us. If you know anyone claiming to be a part of Dhan / / Raise or our associate companies or partners and offering such services, please report us on help@dhan.co. Important Information for Investors: To prevent unauthorized transactions in your trading / demat account, do not share your account details, credentials or any personal details with anyone. Keep your mobile number updated with your Stock Broker, Depository Participant and ensure that the same is registered with Stock Exchanges, Depository and KRAs. You will receive alerts and information on your registered mobile number / email for debit and other important transactions in your demat account directly from CDSL / Exchange on the same day. KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Stock Broker, DP, Mutual Fund, etc.), you need not undergo the same process again when you approach another intermediary. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. This is issued in the interest of investors.


Investors should be cautious on unsolicited emails and SMS advising to buy, sell or hold securities and trade only on the basis of informed decision. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow unfounded rumours, tips etc. Further, you are also requested to share your knowledge or evidence of systemic wrongdoing, potential frauds or unethical behaviour through the anonymous portal facility provided on BSE & NSE website. Issued in the interest of the investors.


Raise Securities Private Limited also known as Dhan is only an order collection platform that collects orders on behalf of clients and places them on BSE StarMF for execution. Client expressly agrees that Dhan is not liable or responsible and does not represent or warrant any damages regarding non- execution of orders or any incorrect execution of orders with regard to the funds chosen by the client or due to, but not being limited to, any link/system failure, delay in transfer of the funds on account of any unforeseen circumstances/issues in the banking system/payment aggregators or any other problems that may result in a delay in crediting the funds into the BSE Star MF's bank account. Raise Securities Private Limited (Dhan) does not engage in proprietary trading on its own account.


Mutual fund investments are subject to market risks, read all scheme related documents carefully before investing. Dhan is not a distributor or agent of any mutual fund. Mutual Funds are not exchange-traded products. Any related disputes will not have access to the Exchange-investor redressal forum or arbitration mechanism. For other disclaimers please refer https://dhan.co/advertisement-disclaimer/


Download client registration documents (Rights & Obligations, Risk Disclosure Document, Do's & Don'ts) in vernacular language: BSE | NSE | MCX


Kindly, read the Advisory Guidelines of BSE | NSE | MCX for investors as prescribed by the exchange with reference to their circular dated 27th August, 2021 regarding investor awareness and safeguarding client's assets


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