+91-22-489139095 Best Balanced Funds by SBI Mutual Fund 2026
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 funds, which allows investors to enjoy the capital growth as well as earn fixed returns at regular intervals.
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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Fund Selection Methodology used to find 5 funds
Best SBI Balanced Mutual Funds
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2024 (%) SBI Debt Hybrid Fund Growth ₹76.0313
↓ -0.54 ₹9,793 3 2.4 4.1 8.7 8.7 6.7 SBI Multi Asset Allocation Fund Growth ₹65.9778
↓ -0.84 ₹18,290 1.5 1.4 10.3 15.6 13.1 18.6 SBI Equity Hybrid Fund Growth ₹311.445
↓ -4.70 ₹84,011 4.4 0.7 1.3 12.7 10.8 12.3 SBI Arbitrage Opportunities Fund Growth ₹35.8971
↓ 0.00 ₹43,266 1.5 3 6 6.9 6.2 6.5 SBI Dynamic Asset Allocation Fund Growth ₹15.9463
↑ 0.03 ₹655 3.9 6.2 25.1 6.9 8.3 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 8 Jul 26 Research Highlights & Commentary of 5 Funds showcased
Commentary SBI Debt Hybrid Fund SBI Multi Asset Allocation Fund SBI Equity Hybrid Fund SBI Arbitrage Opportunities Fund SBI Dynamic Asset Allocation Fund Point 1 Bottom quartile AUM (₹9,793 Cr). Lower mid AUM (₹18,290 Cr). Highest AUM (₹84,011 Cr). Upper mid AUM (₹43,266 Cr). Bottom quartile AUM (₹655 Cr). Point 2 Oldest track record among peers (25 yrs). Established history (20+ yrs). Established history (21+ yrs). Established history (19+ yrs). Established history (11+ yrs). Point 3 Top rated. Rating: 4★ (upper mid). Rating: 4★ (lower mid). Rating: 2★ (bottom quartile). Not Rated. Point 4 Risk profile: Moderate. Risk profile: Moderate. Risk profile: Moderately High. Risk profile: Moderately Low. Risk profile: Moderately High. Point 5 5Y return: 8.70% (lower mid). 5Y return: 13.12% (top quartile). 5Y return: 10.84% (upper mid). 5Y return: 6.23% (bottom quartile). 5Y return: 8.31% (bottom quartile). Point 6 3Y return: 8.67% (lower mid). 3Y return: 15.60% (top quartile). 3Y return: 12.70% (upper mid). 3Y return: 6.92% (bottom quartile). 3Y return: 6.92% (bottom quartile). Point 7 1Y return: 4.11% (bottom quartile). 1Y return: 10.25% (upper mid). 1Y return: 1.25% (bottom quartile). 1Y return: 6.03% (lower mid). 1Y return: 25.12% (top quartile). Point 8 1M return: 1.17% (upper mid). 1M return: 0.76% (bottom quartile). 1M return: 2.40% (top quartile). 1M return: 0.58% (bottom quartile). 1M return: 1.04% (lower mid). Point 9 Alpha: 0.00 (upper mid). Alpha: 0.00 (lower mid). Alpha: 4.86 (top quartile). Alpha: 0.00 (bottom quartile). Alpha: 0.00 (bottom quartile). Point 10 Sharpe: -0.22 (bottom quartile). Sharpe: 0.78 (upper mid). Sharpe: -0.01 (lower mid). Sharpe: -0.06 (bottom quartile). Sharpe: 2.59 (top quartile). SBI Debt Hybrid Fund
SBI Multi Asset Allocation Fund
SBI Equity Hybrid Fund
SBI Arbitrage Opportunities Fund
SBI Dynamic Asset Allocation 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. Below is the key information for SBI Debt Hybrid Fund Returns up to 1 year are on (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. Research Highlights for SBI Multi Asset Allocation Fund Below is the key information for SBI Multi Asset Allocation Fund Returns up to 1 year are on (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. Research Highlights for SBI Equity Hybrid Fund Below is the key information for SBI Equity Hybrid Fund Returns up to 1 year are on 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. Research Highlights for SBI Arbitrage Opportunities Fund Below is the key information for SBI Arbitrage Opportunities Fund Returns up to 1 year are on 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. Research Highlights for SBI Dynamic Asset Allocation Fund Below is the key information for SBI Dynamic Asset Allocation Fund Returns up to 1 year are on 1. SBI Debt Hybrid Fund
SBI Debt Hybrid Fund
Growth Launch Date 9 Apr 01 NAV (08 Jul 26) ₹76.0313 ↓ -0.54 (-0.70 %) Net Assets (Cr) ₹9,793 on 31 May 26 Category Hybrid - Hybrid Debt AMC SBI Funds Management Private Limited Rating ☆☆☆☆☆ Risk Moderate Expense Ratio 1.23 Sharpe Ratio -0.22 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.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,534 30 Jun 23 ₹11,857 30 Jun 24 ₹13,592 30 Jun 25 ₹14,585 30 Jun 26 ₹15,312 Returns for SBI Debt Hybrid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jul 26 Duration Returns 1 Month 1.2% 3 Month 3% 6 Month 2.4% 1 Year 4.1% 3 Year 8.7% 5 Year 8.7% 10 Year 15 Year Since launch 8.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.7% 2023 11% 2022 12.2% 2021 4.5% 2020 14.1% 2019 13.5% 2018 8.1% 2017 -0.2% 2016 8.5% 2015 12.5% Fund Manager information for SBI Debt Hybrid Fund
Name Since Tenure Saurabh Pant 1 Jan 22 4.5 Yr. Mansi Sajeja 30 Jun 21 5.01 Yr. Data below for SBI Debt Hybrid Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 9.54% Equity 24.62% Debt 65.55% Other 0.29% Equity Sector Allocation
Sector Value Financial Services 6.56% Basic Materials 6.02% Industrials 3.61% Health Care 2.28% Consumer Defensive 2.17% Consumer Cyclical 2.13% Energy 1.2% Debt Sector Allocation
Sector Value Corporate 56.87% Government 14.52% Cash Equivalent 3.71% Credit Quality
Rating Value A 2.64% AA 44.84% AAA 52.52% Top Securities Holdings / Portfolio
Name Holding Value Quantity Aditya Birla Renewables Limited
Debentures | -3% ₹301 Cr 30,000 Infopark Properties Limited
Debentures | -3% ₹300 Cr 30,000 Adani Power Limited
Debentures | -3% ₹299 Cr 30,000 Jtpm Metal TRaders Limited
Debentures | -3% ₹293 Cr 27,500
↑ 2,500 Jsw Kalinga Steel Limited
Debentures | -3% ₹265 Cr 26,000 Bajaj Finance Limited
Debentures | -2% ₹250 Cr 25,000 State Government Of Tamil Nadu
Sovereign Bonds | -2% ₹243 Cr 25,000,000
↓ -5,000,000 LIC Housing Finance Ltd
Debentures | -2% ₹225 Cr 22,500 Cholamandalam Investment And Finance Company Limited
Debentures | -2% ₹204 Cr 20,000 Maharashtra (Government of) 7.35%
- | -2% ₹202 Cr 20,000,000
↑ 20,000,000 2. SBI Multi Asset Allocation Fund
SBI Multi Asset Allocation Fund
Growth Launch Date 21 Dec 05 NAV (08 Jul 26) ₹65.9778 ↓ -0.84 (-1.26 %) Net Assets (Cr) ₹18,290 on 31 May 26 Category Hybrid - Multi Asset AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.46 Sharpe Ratio 0.78 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.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,098 30 Jun 23 ₹11,987 30 Jun 24 ₹15,440 30 Jun 25 ₹16,916 30 Jun 26 ₹18,817 Returns for SBI Multi Asset Allocation Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jul 26 Duration Returns 1 Month 0.8% 3 Month 1.5% 6 Month 1.4% 1 Year 10.3% 3 Year 15.6% 5 Year 13.1% 10 Year 15 Year Since launch 9.6% Historical performance (Yearly) on absolute basis
Year Returns 2024 18.6% 2023 12.8% 2022 24.4% 2021 6% 2020 13% 2019 14.2% 2018 10.6% 2017 0.4% 2016 10.9% 2015 8.7% Fund Manager information for SBI Multi Asset Allocation Fund
Name Since Tenure Dinesh Balachandran 31 Oct 21 4.67 Yr. Mansi Sajeja 1 Dec 23 2.58 Yr. Vandna Soni 1 Jan 24 2.5 Yr. Data below for SBI Multi Asset Allocation Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 10.43% Equity 50.44% Debt 29.33% Other 9.8% Equity Sector Allocation
Sector Value Financial Services 13.27% Consumer Cyclical 5.88% Health Care 4.76% Real Estate 4.48% Utility 4.27% Energy 3.97% Basic Materials 3.94% Industrials 2.47% Consumer Defensive 2.36% Technology 2% Communication Services 1.98% Debt Sector Allocation
Sector Value Corporate 25.16% Cash Equivalent 9.53% Government 5.07% Credit Quality
Rating Value A 5.4% AA 52.44% AAA 42.16% Top Securities Holdings / Portfolio
Name Holding Value Quantity SBI Gold ETF
- | -6% ₹1,097 Cr 85,591,000 SBI Silver ETF
- | -4% ₹791 Cr 32,296,178 Brookfield India Real Estate Trust (Real Estate)
-, Since 30 Apr 25 | 5432613% ₹484 Cr 15,164,234 Bandhan Bank Ltd (Financial Services)
Equity, Since 30 Sep 24 | 5411532% ₹432 Cr 20,500,000 GAIL (India) Ltd (Utilities)
Equity, Since 31 Mar 21 | 5321552% ₹410 Cr 23,350,297 Indus Towers Ltd Ordinary Shares (Communication Services)
Equity, Since 31 Jan 26 | 5348162% ₹339 Cr 8,200,000 Biocon Ltd (Healthcare)
Equity, Since 30 Nov 24 | 5325232% ₹330 Cr 7,920,476 Syngene International Ltd (Healthcare)
Equity, Since 15 Mar 26 | 5392682% ₹317 Cr 7,000,000 ICICI Bank Ltd (Financial Services)
Equity, Since 15 Apr 22 | ICICIBANK2% ₹308 Cr 2,320,000 National Bank For Agriculture And Rural Development
Debentures | -2% ₹301 Cr 30,000 3. SBI Equity Hybrid Fund
SBI Equity Hybrid Fund
Growth Launch Date 19 Jan 05 NAV (08 Jul 26) ₹311.445 ↓ -4.70 (-1.49 %) Net Assets (Cr) ₹84,011 on 31 May 26 Category Hybrid - Hybrid Equity AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk Moderately High Expense Ratio 1.4 Sharpe Ratio -0.01 Information Ratio 1.02 Alpha Ratio 4.86 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.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,145 30 Jun 23 ₹11,707 30 Jun 24 ₹14,738 30 Jun 25 ₹16,590 30 Jun 26 ₹16,869 Returns for SBI Equity Hybrid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jul 26 Duration Returns 1 Month 2.4% 3 Month 4.4% 6 Month 0.7% 1 Year 1.3% 3 Year 12.7% 5 Year 10.8% 10 Year 15 Year Since launch 14.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 12.3% 2023 14.2% 2022 16.4% 2021 2.3% 2020 23.6% 2019 12.9% 2018 13.5% 2017 -0.1% 2016 27.7% 2015 3.7% Fund Manager information for SBI Equity Hybrid Fund
Name Since Tenure R. Srinivasan 1 Jan 12 14.51 Yr. Rajeev Radhakrishnan 1 Dec 23 2.58 Yr. Mansi Sajeja 1 Dec 23 2.58 Yr. Pradeep Kesavan 1 Dec 23 2.58 Yr. Data below for SBI Equity Hybrid Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 8.81% Equity 74.02% Debt 17.17% Equity Sector Allocation
Sector Value Financial Services 18.69% Utility 10.31% Basic Materials 10.16% Industrials 7.33% Consumer Cyclical 7.2% Health Care 4.86% Energy 4.16% Consumer Defensive 3.55% Communication Services 3.27% Technology 2.73% Real Estate 1.83% Debt Sector Allocation
Sector Value Corporate 16.56% Cash Equivalent 6.98% Government 2.45% Credit Quality
Rating Value A 6.4% AA 46.25% AAA 44.99% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | ICICIBANK4% ₹3,392 Cr 27,000,000
↑ 3,000,000 Adani Power Ltd (Utilities)
Equity, Since 30 Sep 25 | ADANIPOWER4% ₹3,384 Cr 139,066,510
↓ -85,844 Solar Industries India Ltd (Basic Materials)
Equity, Since 31 Jul 16 | SOLARINDS4% ₹3,266 Cr 1,790,000 State Bank of India (Financial Services)
Equity, Since 28 Feb 14 | SBIN4% ₹3,183 Cr 33,000,000 Adani Energy Solutions Ltd (Utilities)
Equity, Since 31 Aug 25 | ADANIENSOL4% ₹3,053 Cr 20,174,466 Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 17 | BHARTIARTL3% ₹2,744 Cr 15,000,000
↑ 1,000,000 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 24 | KOTAKBANK3% ₹2,689 Cr 70,000,000 Muthoot Finance Ltd (Financial Services)
Equity, Since 28 Feb 22 | MUTHOOTFIN3% ₹2,340 Cr 7,000,000 Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Apr 16 | DIVISLAB3% ₹2,200 Cr 3,300,000 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 20 | LT3% ₹2,101 Cr 5,153,000 4. SBI Arbitrage Opportunities Fund
SBI Arbitrage Opportunities Fund
Growth Launch Date 3 Nov 06 NAV (08 Jul 26) ₹35.8971 ↓ 0.00 (-0.01 %) Net Assets (Cr) ₹43,266 on 31 May 26 Category Hybrid - Arbitrage AMC SBI Funds Management Private Limited Rating ☆☆ Risk Moderately Low Expense Ratio 0.95 Sharpe Ratio -0.06 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.
Date Value 30 Jun 21 ₹10,000 30 Jun 22 ₹10,407 30 Jun 23 ₹11,063 30 Jun 24 ₹11,910 30 Jun 25 ₹12,753 30 Jun 26 ₹13,499 Returns for SBI Arbitrage Opportunities Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jul 26 Duration Returns 1 Month 0.6% 3 Month 1.5% 6 Month 3% 1 Year 6% 3 Year 6.9% 5 Year 6.2% 10 Year 15 Year Since launch 6.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 6.5% 2023 7.5% 2022 7.4% 2021 4.6% 2020 4% 2019 3.5% 2018 6% 2017 6.2% 2016 5.3% 2015 6.4% Fund Manager information for SBI Arbitrage Opportunities Fund
Name Since Tenure Neeraj Kumar 5 Oct 12 13.74 Yr. Ardhendu Bhattacharya 27 Dec 24 1.51 Yr. Data below for SBI Arbitrage Opportunities Fund as on 31 May 26
Asset Allocation
Asset Class Value Cash 98.64% Debt 1.84% Other 0.05% Equity Sector Allocation
Sector Value Financial Services 30.08% Basic Materials 8.13% Industrials 7.69% Consumer Cyclical 5.81% Energy 5.26% Communication Services 4.2% Utility 3.85% Consumer Defensive 3.81% Health Care 3.65% Real Estate 1.67% Technology 0.79% Debt Sector Allocation
Sector Value Cash Equivalent 87.8% Corporate 10.39% Government 2.29% Credit Quality
Rating Value AA 1.87% AAA 98.13% Top Securities Holdings / Portfolio
Name Holding Value Quantity SBI Liquid Dir Gr
Investment Fund | -8% ₹3,665 Cr 8,413,178
↑ 2,746,616 SBI Savings Dir Gr
Investment Fund | -8% ₹3,407 Cr 726,722,883 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK6% ₹2,463 Cr 33,079,600
↑ 3,964,250 Future on HDFC Bank Ltd
Derivatives | -6% -₹2,454 Cr 33,079,600
↑ 33,079,600 Future on ICICI Bank Ltd
Derivatives | -5% -₹2,372 Cr 18,673,900
↑ 18,673,900 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 21 | ICICIBANK5% ₹2,346 Cr 18,673,900
↑ 5,756,100 Future on State Bank of India
Derivatives | -3% -₹1,368 Cr 14,047,500
↑ 14,047,500 State Bank of India (Financial Services)
Equity, Since 31 May 23 | SBIN3% ₹1,355 Cr 14,047,500
↑ 650,250 Future on Reliance Industries Ltd
Derivatives | -3% -₹1,090 Cr 8,193,000
↑ 8,193,000 Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE3% ₹1,082 Cr 8,193,000
↑ 2,581,000 5. 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 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.
Date Value Returns for SBI Dynamic Asset Allocation Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Jul 26 Duration Returns 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
Year Returns 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Fund Manager information for SBI Dynamic Asset Allocation Fund
Name Since Tenure Data below for SBI Dynamic Asset Allocation Fund as on 31 May 21
Asset Allocation
Asset Class Value Equity Sector Allocation
Sector Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity
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Research Highlights for SBI Debt Hybrid Fund