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 Top 5 Best Balanced Funds by SBI Mutual Fund 2024 | Fincash

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5 Best Balanced Funds by SBI Mutual Fund 2024

Updated on June 13, 2024 , 23390 views

To enjoy the dual benefits of both equity and debt, SBI Mutual Fund have some good Balanced Fund to offer to their investors. Balanced funds, also known as hybrid funds, invest in both equity and Debt fund, which allows investors to enjoy the Capital growth as well as earn fixed returns at regular intervals.

sbi-mutual-funds

SBI’s top balanced funds have been shortlisted by undertaking certain criteria such as their past performances, AUM, etc. Investors looking for top hybrid funds can invest these listed SBI Mutual Fund top schemes.

Why Invest in SBI Balanced Funds?

Best of Both

Balanced funds are less volatile. They offer the best of both equity and debt funds ensuring higher return through equity component and stability through the debt component.

Low/Mid Risk, High Return

On the Basis of allocation of assets, the returns on balanced funds are risk adjusted. By Investing in small cap and mid-cap stocks, the equity gains are much higher and the associated risk Factor is controlled by the debt investment.

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Best SBI Balanced Mutual Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
SBI Debt Hybrid Fund Growth ₹67.4316
↑ 0.09
₹9,7895.48.414.710.61112.2
SBI Multi Asset Allocation Fund Growth ₹54.0066
↑ 0.14
₹4,6779.112.228.714.81524.4
SBI Equity Hybrid Fund Growth ₹268.443
↑ 0.75
₹68,4108.412.625.613.214.416.4
SBI Arbitrage Opportunities Fund Growth ₹31.5277
↑ 0.02
₹29,0092.24.37.965.37.4
SBI Dynamic Asset Allocation Fund Growth ₹15.9463
↑ 0.03
₹6553.96.225.16.98.3
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 14 Jun 24

1. SBI Debt Hybrid Fund

(Erstwhile SBI Magnum Monthly Income Plan)

To provide regular income, liquidity and attractive returns to the investors through an actively managed portfolio of debt, equity and money market instruments. Income may be generated through the receipt of coupon payments, the amortization of the discount on the debt instruments, receipt of dividends or purchase and sale of securities in the underlying portfolio.

SBI Debt Hybrid Fund is a Hybrid - Hybrid Debt fund was launched on 9 Apr 01. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.6% since its launch.  Ranked 5 in Hybrid Debt category.  Return for 2023 was 12.2% , 2022 was 4.5% and 2021 was 14.1% .

Below is the key information for SBI Debt Hybrid Fund

SBI Debt Hybrid Fund
Growth
Launch Date 9 Apr 01
NAV (14 Jun 24) ₹67.4316 ↑ 0.09   (0.14 %)
Net Assets (Cr) ₹9,789 on 30 Apr 24
Category Hybrid - Hybrid Debt
AMC SBI Funds Management Private Limited
Rating
Risk Moderate
Expense Ratio 1.11
Sharpe Ratio 2.65
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 May 19₹10,000
31 May 20₹9,990
31 May 21₹12,346
31 May 22₹13,204
31 May 23₹14,564
31 May 24₹16,524

SBI Debt Hybrid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for SBI Debt Hybrid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jun 24

DurationReturns
1 Month 3.1%
3 Month 5.4%
6 Month 8.4%
1 Year 14.7%
3 Year 10.6%
5 Year 11%
10 Year
15 Year
Since launch 8.6%
Historical performance (Yearly) on absolute basis
YearReturns
2023 12.2%
2022 4.5%
2021 14.1%
2020 13.5%
2019 8.1%
2018 -0.2%
2017 8.5%
2016 12.5%
2015 8.2%
2014 18%
Fund Manager information for SBI Debt Hybrid Fund
NameSinceTenure
Saurabh Pant1 Jan 222.33 Yr.
Mansi Sajeja30 Jun 212.84 Yr.
Mohit Jain1 Jan 204.33 Yr.

Data below for SBI Debt Hybrid Fund as on 30 Apr 24

Asset Allocation
Asset ClassValue
Cash6.61%
Equity24.22%
Debt67.66%
Other0.24%
Equity Sector Allocation
SectorValue
Financial Services7.29%
Industrials6.43%
Consumer Cyclical2.99%
Technology2.03%
Basic Materials1.99%
Consumer Defensive1.75%
Communication Services0.63%
Health Care0.58%
Energy0.53%
Debt Sector Allocation
SectorValue
Corporate38.88%
Government30.81%
Cash Equivalent5.84%
Credit Quality
RatingValue
AA25.6%
AAA74.4%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Uttar Pradesh (Government of) 7.38%
- | -
6%₹568 Cr57,103,300
7.3% Govt Stock 2053
Sovereign Bonds | -
6%₹559 Cr55,000,000
Tamil Nadu (Government of) 7.5%
- | -
3%₹303 Cr30,000,000
↓ -10,000,000
07.76 MH Sgs 2030
Sovereign Bonds | -
2%₹204 Cr20,000,000
Karnataka (Government of) 7.45%
- | -
2%₹201 Cr20,043,700
Small Industries Development Bank of India
Debentures | -
2%₹200 Cr20,000
Tata Communications Limited
Debentures | -
2%₹200 Cr20,000
Godrej Properties Limited
Debentures | -
2%₹199 Cr20,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Oct 18 | ICICIBANK
2%₹174 Cr1,550,000
↓ -270,000
Mahanagar Telephone Nigam Limited
Debentures | -
2%₹152 Cr1,500

2. SBI Multi Asset Allocation Fund

(Erstwhile SBI Magnum Monthly Income Plan Floater)

To provide regular income, liquidity and attractive returns to investors in addition to mitigating the impact of interest rate risk through an actively managed portfolio of floating rate and fixed rate debt instruments, equity, money market instruments and derivatives.

SBI Multi Asset Allocation Fund is a Hybrid - Multi Asset fund was launched on 21 Dec 05. It is a fund with Moderate risk and has given a CAGR/Annualized return of 9.6% since its launch.  Ranked 11 in Multi Asset category.  Return for 2023 was 24.4% , 2022 was 6% and 2021 was 13% .

Below is the key information for SBI Multi Asset Allocation Fund

SBI Multi Asset Allocation Fund
Growth
Launch Date 21 Dec 05
NAV (14 Jun 24) ₹54.0066 ↑ 0.14   (0.25 %)
Net Assets (Cr) ₹4,677 on 30 Apr 24
Category Hybrid - Multi Asset
AMC SBI Funds Management Private Limited
Rating
Risk Moderate
Expense Ratio 1.8
Sharpe Ratio 2.92
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 May 19₹10,000
31 May 20₹10,509
31 May 21₹13,014
31 May 22₹13,649
31 May 23₹15,321
31 May 24₹19,572

SBI Multi Asset Allocation Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710
Invest Now

Returns for SBI Multi Asset Allocation Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jun 24

DurationReturns
1 Month 3.8%
3 Month 9.1%
6 Month 12.2%
1 Year 28.7%
3 Year 14.8%
5 Year 15%
10 Year
15 Year
Since launch 9.6%
Historical performance (Yearly) on absolute basis
YearReturns
2023 24.4%
2022 6%
2021 13%
2020 14.2%
2019 10.6%
2018 0.4%
2017 10.9%
2016 8.7%
2015 9.9%
2014 17.3%
Fund Manager information for SBI Multi Asset Allocation Fund
NameSinceTenure
Dinesh Balachandran31 Oct 212.5 Yr.
Mansi Sajeja1 Dec 230.41 Yr.
Pradeep Kesavan1 Dec 230.41 Yr.
Vandna Soni1 Jan 240.33 Yr.

Data below for SBI Multi Asset Allocation Fund as on 30 Apr 24

Asset Allocation
Asset ClassValue
Cash9.04%
Equity38.32%
Debt36.35%
Other16.29%
Equity Sector Allocation
SectorValue
Financial Services9.58%
Basic Materials4.93%
Technology4.52%
Consumer Cyclical3.84%
Industrials3.41%
Health Care2.7%
Utility2.69%
Real Estate2.59%
Consumer Defensive2%
Energy1.42%
Communication Services0.64%
Debt Sector Allocation
SectorValue
Corporate20.37%
Government14.12%
Cash Equivalent8.83%
Securitized2.07%
Credit Quality
RatingValue
A5.52%
AA37.75%
AAA53.07%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
SBI Gold ETF
- | -
14%₹657 Cr103,241,000
7.3% Govt Stock 2053
Sovereign Bonds | -
4%₹203 Cr20,000,000
Nippon India Silver ETF
- | -
3%₹139 Cr16,730,000
↑ 730,000
7.18% Govt Stock 2033
Sovereign Bonds | -
2%₹101 Cr10,000,000
7.18% Govt Stock 2037
Sovereign Bonds | -
2%₹100 Cr10,000,000
Bharti Telecom Limited
Debentures | -
2%₹100 Cr1,000
Embassy Office Parks Reit
Unlisted bonds | -
2%₹99 Cr2,900,000
Steel Authority Of India Ltd (Basic Materials)
Equity, Since 30 Sep 21 | 500113
2%₹94 Cr5,630,100
Renserv Global Pvt Ltd.
Debentures | -
2%₹90 Cr9,000
GAIL (India) Ltd (Utilities)
Equity, Since 31 Mar 21 | 532155
2%₹87 Cr4,350,297

3. SBI Equity Hybrid Fund

(Erstwhile SBI Magnum Balanced Fund)

To provide investors long term capital appreciation along with the liquidity of open-ended scheme by investing in a mix of debt and equity. The scheme will invest in a diversified portfolio of equities of high growth companies and balance the risk through investing the rest in a relatively safe portfolio of debt.

SBI Equity Hybrid Fund is a Hybrid - Hybrid Equity fund was launched on 19 Jan 05. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 15.2% since its launch.  Ranked 10 in Hybrid Equity category.  Return for 2023 was 16.4% , 2022 was 2.3% and 2021 was 23.6% .

Below is the key information for SBI Equity Hybrid Fund

SBI Equity Hybrid Fund
Growth
Launch Date 19 Jan 05
NAV (14 Jun 24) ₹268.443 ↑ 0.75   (0.28 %)
Net Assets (Cr) ₹68,410 on 30 Apr 24
Category Hybrid - Hybrid Equity
AMC SBI Funds Management Private Limited
Rating
Risk Moderately High
Expense Ratio 1.5
Sharpe Ratio 2.55
Information Ratio -0.18
Alpha Ratio 3.01
Min Investment 1,000
Min SIP Investment 500
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 May 19₹10,000
31 May 20₹9,047
31 May 21₹13,127
31 May 22₹14,144
31 May 23₹15,261
31 May 24₹18,757

SBI Equity Hybrid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹436,710.
Net Profit of ₹136,710
Invest Now

Returns for SBI Equity Hybrid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jun 24

DurationReturns
1 Month 4.9%
3 Month 8.4%
6 Month 12.6%
1 Year 25.6%
3 Year 13.2%
5 Year 14.4%
10 Year
15 Year
Since launch 15.2%
Historical performance (Yearly) on absolute basis
YearReturns
2023 16.4%
2022 2.3%
2021 23.6%
2020 12.9%
2019 13.5%
2018 -0.1%
2017 27.7%
2016 3.7%
2015 7.4%
2014 43.2%
Fund Manager information for SBI Equity Hybrid Fund
NameSinceTenure
R. Srinivasan1 Jan 1212.34 Yr.
Rajeev Radhakrishnan1 Dec 230.42 Yr.
Mansi Sajeja1 Dec 230.42 Yr.
Pradeep Kesavan1 Dec 230.42 Yr.

Data below for SBI Equity Hybrid Fund as on 30 Apr 24

Asset Allocation
Asset ClassValue
Cash3.42%
Equity76.43%
Debt20.15%
Equity Sector Allocation
SectorValue
Financial Services26.69%
Industrials9.73%
Basic Materials8.98%
Health Care6.55%
Consumer Cyclical6.11%
Communication Services5.22%
Energy5.18%
Consumer Defensive4.13%
Technology3.84%
Debt Sector Allocation
SectorValue
Government13.77%
Corporate5.63%
Cash Equivalent3.42%
Securitized0.76%
Credit Quality
RatingValue
A0.87%
AA20.15%
AAA78.98%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | ICICIBANK
7%₹5,062 Cr44,000,000
State Bank of India (Financial Services)
Equity, Since 28 Feb 14 | SBIN
5%₹3,636 Cr44,000,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 17 | BHARTIARTL
5%₹3,570 Cr27,000,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE
5%₹3,544 Cr12,078,075
HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 11 | HDFCBANK
4%₹2,888 Cr19,000,000
InterGlobe Aviation Ltd (Industrials)
Equity, Since 31 Jan 22 | INDIGO
4%₹2,788 Cr7,000,000
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Apr 16 | DIVISLAB
4%₹2,762 Cr6,900,000
Solar Industries India Ltd (Basic Materials)
Equity, Since 31 Jul 16 | SOLARINDS
4%₹2,601 Cr2,900,000
↓ -175,788
MRF Ltd (Consumer Cyclical)
Equity, Since 31 May 18 | 500290
3%₹2,392 Cr179,859
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
3%₹2,285 Cr3,300,000

4. SBI Arbitrage Opportunities Fund

To provide capital appreciation and regular income for unitholders by identifying profitable arbitrage opportunities between the spot and derivative market segments as also through investment of surplus cash in debt and money market instruments.

SBI Arbitrage Opportunities Fund is a Hybrid - Arbitrage fund was launched on 3 Nov 06. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 6.7% since its launch.  Ranked 15 in Arbitrage category.  Return for 2023 was 7.4% , 2022 was 4.6% and 2021 was 4% .

Below is the key information for SBI Arbitrage Opportunities Fund

SBI Arbitrage Opportunities Fund
Growth
Launch Date 3 Nov 06
NAV (14 Jun 24) ₹31.5277 ↑ 0.02   (0.07 %)
Net Assets (Cr) ₹29,009 on 30 Apr 24
Category Hybrid - Arbitrage
AMC SBI Funds Management Private Limited
Rating
Risk Moderately Low
Expense Ratio 0.82
Sharpe Ratio 1.81
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Months (0.5%),1 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 May 19₹10,000
31 May 20₹10,574
31 May 21₹10,831
31 May 22₹11,278
31 May 23₹11,956
31 May 24₹12,872

SBI Arbitrage Opportunities Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹349,120.
Net Profit of ₹49,120
Invest Now

Returns for SBI Arbitrage Opportunities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jun 24

DurationReturns
1 Month 0.9%
3 Month 2.2%
6 Month 4.3%
1 Year 7.9%
3 Year 6%
5 Year 5.3%
10 Year
15 Year
Since launch 6.7%
Historical performance (Yearly) on absolute basis
YearReturns
2023 7.4%
2022 4.6%
2021 4%
2020 3.5%
2019 6%
2018 6.2%
2017 5.3%
2016 6.4%
2015 7.3%
2014 8.6%
Fund Manager information for SBI Arbitrage Opportunities Fund
NameSinceTenure
Neeraj Kumar5 Oct 1211.58 Yr.
Arun R.30 Jun 212.84 Yr.

Data below for SBI Arbitrage Opportunities Fund as on 30 Apr 24

Asset Allocation
Asset ClassValue
Cash90.79%
Debt9.55%
Other0.03%
Equity Sector Allocation
SectorValue
Financial Services26.16%
Industrials10.4%
Energy8.82%
Basic Materials8.77%
Consumer Defensive4.48%
Technology4.19%
Utility3.88%
Communication Services3.23%
Health Care3.11%
Consumer Cyclical2.86%
Real Estate0.78%
Debt Sector Allocation
SectorValue
Cash Equivalent86.53%
Corporate11.27%
Government2.54%
Credit Quality
RatingValue
AA11.24%
AAA88.76%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
SBI Savings Dir Gr
Investment Fund | -
9%₹2,736 Cr672,297,948
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK
8%₹2,394 Cr15,750,350
↓ -954,250
Future on HDFC Bank Ltd
Derivatives | -
8%-₹2,384 Cr15,750,350
↓ -954,250
Future on Reliance Industries Ltd
Derivatives | -
5%-₹1,511 Cr5,116,500
↑ 30,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE
5%₹1,501 Cr5,116,500
↑ 30,000
Future on Kotak Mahindra Bank Ltd
Derivatives | -
3%-₹844 Cr5,156,400
↑ 2,099,200
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Aug 22 | KOTAKBANK
3%₹837 Cr5,156,400
↑ 2,099,200
SBI Magnum Low Duration Dir Gr
Investment Fund | -
3%₹776 Cr2,338,487
Future on Bharat Electronics Ltd
Derivatives | -
2%-₹640 Cr27,211,800
↓ -2,194,500
Bharat Electronics Ltd (Industrials)
Equity, Since 30 Apr 22 | BEL
2%₹636 Cr27,211,800
↓ -2,194,500

5. SBI Dynamic Asset Allocation Fund

The objective of the fund will be to provide investors with an opportunity to invest in a portfolio of a mix of equity and equity related securities and fixed income instruments. The allocation between fixed income and equity instruments will be managed dynamically so as to provide investors with long term capital appreciation However, there can be no assurance that the investment objective of the Scheme will be achieved.

SBI Dynamic Asset Allocation Fund is a Hybrid - Dynamic Allocation fund was launched on 26 Mar 15. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 7.7% since its launch. .

Below is the key information for SBI Dynamic Asset Allocation Fund

SBI Dynamic Asset Allocation Fund
Growth
Launch Date 26 Mar 15
NAV (02 Jul 21) ₹15.9463 ↑ 0.03   (0.18 %)
Net Assets (Cr) ₹655 on 31 May 21
Category Hybrid - Dynamic Allocation
AMC SBI Funds Management Private Limited
Rating Not Rated
Risk Moderately High
Expense Ratio 2.07
Sharpe Ratio 2.59
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 May 19₹10,000
31 May 20₹9,017
31 May 21₹11,775

SBI Dynamic Asset Allocation Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for SBI Dynamic Asset Allocation Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jun 24

DurationReturns
1 Month 1%
3 Month 3.9%
6 Month 6.2%
1 Year 25.1%
3 Year 6.9%
5 Year 8.3%
10 Year
15 Year
Since launch 7.7%
Historical performance (Yearly) on absolute basis
YearReturns
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
Fund Manager information for SBI Dynamic Asset Allocation Fund
NameSinceTenure

Data below for SBI Dynamic Asset Allocation Fund as on 31 May 21

Asset Allocation
Asset ClassValue
Equity Sector Allocation
SectorValue
Debt Sector Allocation
SectorValue
Credit Quality
RatingValue
Top Securities Holdings / Portfolio
NameHoldingValueQuantity

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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