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.)