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- content/bbp/repositories/723fb80a-2dde-42a3-9793-7ae1be57c87f?path=/Menu Icons/mutual_funds.svgMutual Funds (ISA)
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- ThisPageDoesNotContainIconFund Of The Month
SBI Balanced Advantage Fund
Fund of the Month: SBI Balanced Advantage Fund
Fund Manager: Anup Upadhyay, Dinesh Balachandran, Pradeep Kesavan
SEBI Categorisation: Dynamic Asset Allocation or Balanced Advantage
Type & Investment Objective
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. The scheme will invest in a well-diversified portfolio of equity & equity related instruments . The fund manager while selecting stocks will focus on the fundamentals of the business, the quality of management, the financial strength of the company, market leadership etc. The scheme will invest across sectors without any market cap or sectoral bias. The Scheme will invest in a diversified range of debt and money market instruments. The fund manager will allocate the assets of the scheme taking into consideration the prevailing interest rate scenario, yield curve, yield spread & the liquidity of the different instruments.
Fund Commentary
Outlook
- As per the AMC, we are either entering a US economic paradigm of loose fiscal and loose monetary policy or loose fiscal and status quo on monetary policy. China’s policy measures are focussed towards supporting growth. Trump’s rhetoric on trade tariffs could also lead to a renewed surge on protectionist practises. All these measures are inflationary in nature.
- FYTD, consensus earnings per share (EPS) projections have seen marginal downgrades, with the Nifty expected to achieve a 12.0% EPS CAGR over FY24-FY27. In a growing market like India, rigorous on the ground research and bottom-up stock selection are key to generating differentiated alpha.
- From a longer-term standpoint, the Indian equity story continues to be underpinned by earnings upcycle, short term slowdown notwithstanding. India’s corporate profits as a proportion of GDP have reverted higher over the past four years. A revival in manufacturing, rising per capita GDP and an overall recovery in the global economy should be tailwinds to continue supporting a constructive earnings growth outlook over the mid-long term.
- As per AMC, 2025 could be a year of significant deviation from the trend as markets become very selective amidst narrowing market breadth, as against the undiscriminating and broad-based up move of the past few years.
- The fund has 28.77% exposure to Equity, 37.96% Arbitrage and 33.27% Debt/Other.
Sectoral Overweights
- Oil, Gas & Consumable Fuels: Inexpensive valuations.
- Financials: Inexpensive Valuations
Sectoral Underweights
- Consumer Durables: Valuations have turned expensive again
- FMCG: Due to expensive valuations relative to long-term growth expectations.
This fund is recommended for investors with an investment horizon of 2-3 years, in line with investors’ individual risk profile and product suitability.
Top Holdings (As on 31 December 2024)
Company | % Allocation | Sector | % Allocation |
HDFC Bank Ltd. | 5.17 | Oil & Gas, Energy | 17.49 |
Reliance Industries Ltd. | 4.42 | Banks & Finance | 16.04 |
Bharti Airtel Ltd. | 3.25 | IT | 5.58 |
GAIL (India) Ltd. | 3.01 | Auto & Auto Ancillaries | 5.05 |
Larsen & Toubro Ltd. | 2.19 | Pharma | 4.31 |
Total | 18.04 | Total | 48.47 |
Returns (%)
(As on 31 December 2025)
Period | Fund | NIFTY 50 Hybrid Composite Debt 65:35 Index |
3 Months | -0.92 | -1.16 |
6 Months | -1.37 | -2.07 |
1 Year | 9.90 | 9.36 |
3 Years | 12.69 | 10.27 |
5 Years | -- | 13.22 |
Since Inception | 11.63 | -- |
Absolute for <= 1 year and compounded annualized for > 1 year
Scheme Features
- Options: Growth and Income Distribution cum capital withdrawal (IDCW)
- Minimum Investment amount: Rs. 5000
- Load Structure Exit Load: "If redeemed bet. 0 Year to 1 Year; Exit Load is 1%;
- NIL - If units purchased or switched in from another scheme of the Fund are redeemed or switched out
- Upto 10% of the units (the limit) purchased or switched on or before 1 year from the date of allotment, 1% of
- The applicable NAV - If units purchased or switched in from another scheme of the Fund are redeemed or switched
- Out in excess of the limit on or before 1 year from the date of allotment, NIL - If units purchased or switched in
- From another scheme of the Fund are redeemed or switched out after 1 year from the date of allotment"
- Benchmark Index: Nifty 50 Hybrid composite debt 50:50 Index*
- for performance comparison, NIFTY 50 Hybrid Composite Debt 65:35 Index is used)
- Dec 2024 [Fund Size in Crs]: 33,201.93
- NAV: 52 Week High / Low: Rs : 15.05 / 12.94
Product Label
![]() | This product is suitable for investors who are seeking^:
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them. |
Source for entire data stated above is ICRA Analytics Ltd. (For Disclaimer of ICRA Analytics Ltd, refer https://icraanalytics.com/home/disclaimer)
Disclaimer: This document has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. HDFC Bank Limited ("HDFC Bank") does not warrant its completeness and accuracy. This information is not intended as an offer or solicitation for the purchase or sale of any financial instrument / units of Mutual Fund. Recipients of this information should rely on their own investigations and take their own professional advice. Neither HDFC Bank nor any of its employees shall be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained in this material. HDFC Bank and its affiliates, officers, directors, key managerial persons and employees, including persons involved in the preparation or issuance of this material may, from time to time, have investments / positions in Mutual Funds / schemes referred in the document. HDFC Bank may at any time solicit or provide commercial banking, credit or other services to the Mutual Funds / AMCs referred to herein.
Accordingly, information may be available to HDFC Bank, which is not reflected in this material, and HDFC Bank may have acted upon or used the information prior to, or immediately following its publication. HDFC Bank neither guarantees nor makes any representations or warranties, express or implied, with respect to the fairness, correctness, accuracy, adequacy, reasonableness, viability for any particular purpose or completeness of the information and views. Further, HDFC Bank disclaims all liability in relation to use of data or information used in this report which is sourced from third parties.
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Mutual fund investments are subject to market risks, read all scheme related documents carefully.