fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
fincash number+91-22-48913909
 Top 5 Best Balanced Funds by SBI Mutual Fund 2024 | Fincash

Fincash » SBI Mutual Fund » Balanced Funds

5 Best Balanced Funds by SBI Mutual Fund 2024

Updated on November 27, 2024 , 23773 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.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Best SBI Balanced Mutual Funds

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2023 (%)
SBI Debt Hybrid Fund Growth ₹69.6803
↑ 0.13
₹9,9990.55.213.49.511.112.2
SBI Multi Asset Allocation Fund Growth ₹55.5208
↑ 0.26
₹6,574-0.45.22114.514.124.4
SBI Equity Hybrid Fund Growth ₹278.256
↑ 1.96
₹71,585-0.96.720.911.613.916.4
SBI Arbitrage Opportunities Fund Growth ₹32.4642
↑ 0.01
₹31,8831.73.67.66.35.37.4
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 29 Nov 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 8.5% 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 (29 Nov 24) ₹69.6803 ↑ 0.13   (0.19 %)
Net Assets (Cr) ₹9,999 on 15 Nov 24
Category Hybrid - Hybrid Debt
AMC SBI Funds Management Private Limited
Rating
Risk Moderate
Expense Ratio 1.11
Sharpe Ratio 2.61
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 Oct 19₹10,000
31 Oct 20₹10,667
31 Oct 21₹12,832
31 Oct 22₹13,505
31 Oct 23₹14,778
31 Oct 24₹16,968

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 ₹405,518.
Net Profit of ₹105,518
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 29 Nov 24

DurationReturns
1 Month 0.1%
3 Month 0.5%
6 Month 5.2%
1 Year 13.4%
3 Year 9.5%
5 Year 11.1%
10 Year
15 Year
Since launch 8.5%
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 222.84 Yr.
Mansi Sajeja30 Jun 213.34 Yr.
Pradeep Kesavan1 Dec 230.92 Yr.

Data below for SBI Debt Hybrid Fund as on 15 Nov 24

Asset Allocation
Asset ClassValue
Cash4.41%
Equity23.66%
Debt71.68%
Other0.26%
Equity Sector Allocation
SectorValue
Financial Services6.38%
Industrials6.15%
Consumer Cyclical3.7%
Consumer Defensive2.28%
Technology2.08%
Basic Materials1.65%
Health Care0.92%
Energy0.49%
Debt Sector Allocation
SectorValue
Corporate49.09%
Government20.85%
Cash Equivalent6.15%
Credit Quality
RatingValue
AA42.1%
AAA57.9%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.34% Govt Stock 2064
Sovereign Bonds | -
4%₹418 Cr40,000,000
7.3% Govt Stock 2053
Sovereign Bonds | -
4%₹364 Cr35,000,000
Infopark Properties Ltd.
Debentures | -
3%₹301 Cr30,000
Tata Power Renewable Energy Ltd. (Guaranteed By Tata Power Ltd.)
Debentures | -
3%₹301 Cr30,000
Aditya Birla Renewables Limited
Debentures | -
3%₹301 Cr30,000
Bajaj Finance Limited
Debentures | -
2%₹251 Cr25,000
National Bank For Agriculture And Rural Development
Debentures | -
2%₹202 Cr20,000
↓ -22,500
Tata Communications Limited
Debentures | -
2%₹201 Cr20,000
Godrej Properties Limited
Debentures | -
2%₹200 Cr20,000
7.15% Westbengal Sgs Mat 2045
Sovereign Bonds | -
2%₹199 Cr20,000,000
↑ 20,000,000

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 9.5% 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 (29 Nov 24) ₹55.5208 ↑ 0.26   (0.47 %)
Net Assets (Cr) ₹6,574 on 15 Nov 24
Category Hybrid - Multi Asset
AMC SBI Funds Management Private Limited
Rating
Risk Moderate
Expense Ratio 1.64
Sharpe Ratio 2.43
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 Oct 19₹10,000
31 Oct 20₹10,560
31 Oct 21₹12,857
31 Oct 22₹13,355
31 Oct 23₹15,421
31 Oct 24₹19,448

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 29 Nov 24

DurationReturns
1 Month -1.1%
3 Month -0.4%
6 Month 5.2%
1 Year 21%
3 Year 14.5%
5 Year 14.1%
10 Year
15 Year
Since launch 9.5%
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 213.01 Yr.
Mansi Sajeja1 Dec 230.92 Yr.
Pradeep Kesavan1 Dec 230.92 Yr.
Vandna Soni1 Jan 240.84 Yr.

Data below for SBI Multi Asset Allocation Fund as on 15 Nov 24

Asset Allocation
Asset ClassValue
Cash7.01%
Equity36.39%
Debt39.48%
Other17.12%
Equity Sector Allocation
SectorValue
Financial Services10.17%
Consumer Cyclical6.96%
Technology4.73%
Industrials3.89%
Basic Materials2.26%
Utility2.18%
Consumer Defensive2.07%
Energy1.86%
Real Estate0.94%
Health Care0.76%
Communication Services0.57%
Debt Sector Allocation
SectorValue
Corporate31.34%
Cash Equivalent7.01%
Government6.4%
Securitized1.74%
Credit Quality
RatingValue
A3.73%
AA65.17%
AAA31.09%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
SBI Gold ETF
- | -
11%₹711 Cr103,241,000
Nippon India Silver ETF
- | -
4%₹252 Cr26,730,000
7.3% Govt Stock 2053
Sovereign Bonds | -
3%₹208 Cr20,000,000
Tata Power Renewable Energy Ltd. (Guaranteed By Tata Power Ltd.)
Debentures | -
3%₹201 Cr20,000
Aditya Birla Renewables Limited
Debentures | -
3%₹200 Cr20,000
SBI Silver ETF
- | -
3%₹188 Cr19,500,000
Infopark Properties Ltd.
Debentures | -
2%₹161 Cr16,000
Avanse Financial Services Limited
Debentures | -
2%₹150 Cr15,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 22 | HDFCBANK
2%₹125 Cr721,000
Sbfc Finance Ltd.
Debentures | -
2%₹124 Cr12,500

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% 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 (29 Nov 24) ₹278.256 ↑ 1.96   (0.71 %)
Net Assets (Cr) ₹71,585 on 31 Oct 24
Category Hybrid - Hybrid Equity
AMC SBI Funds Management Private Limited
Rating
Risk Moderately High
Expense Ratio 1.46
Sharpe Ratio 1.75
Information Ratio -0.57
Alpha Ratio -0.21
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 Oct 19₹10,000
31 Oct 20₹9,931
31 Oct 21₹14,302
31 Oct 22₹14,602
31 Oct 23₹15,549
31 Oct 24₹19,324

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 ₹426,080.
Net Profit of ₹126,080
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 29 Nov 24

DurationReturns
1 Month 0.3%
3 Month -0.9%
6 Month 6.7%
1 Year 20.9%
3 Year 11.6%
5 Year 13.9%
10 Year
15 Year
Since launch 15%
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 1212.84 Yr.
Rajeev Radhakrishnan1 Dec 230.92 Yr.
Mansi Sajeja1 Dec 230.92 Yr.
Pradeep Kesavan1 Dec 230.92 Yr.

Data below for SBI Equity Hybrid Fund as on 31 Oct 24

Asset Allocation
Asset ClassValue
Cash2.54%
Equity74.96%
Debt21.99%
Equity Sector Allocation
SectorValue
Financial Services23.76%
Basic Materials9.48%
Industrials9.3%
Consumer Cyclical6.65%
Communication Services6.6%
Energy5.82%
Health Care4.68%
Consumer Defensive4.07%
Technology3.9%
Real Estate0.7%
Debt Sector Allocation
SectorValue
Government12.98%
Corporate8.76%
Cash Equivalent2.54%
Securitized0.75%
Credit Quality
RatingValue
A0.75%
AA27.56%
AAA71.69%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE
6%₹4,356 Cr14,750,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 17 | BHARTIARTL
6%₹4,274 Cr25,000,000
ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 17 | ICICIBANK
6%₹4,201 Cr33,000,000
07.18 Goi 14082033
Sovereign Bonds | -
5%₹3,713 Cr361,335,900
↓ -20,000,000
State Bank of India (Financial Services)
Equity, Since 28 Feb 14 | SBIN
5%₹3,467 Cr44,000,000
HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 11 | HDFCBANK
4%₹3,291 Cr19,000,000
Solar Industries India Ltd (Basic Materials)
Equity, Since 31 Jul 16 | SOLARINDS
4%₹3,128 Cr2,712,744
↓ -48,262
InterGlobe Aviation Ltd (Industrials)
Equity, Since 31 Jan 22 | INDIGO
4%₹2,825 Cr5,900,000
Divi's Laboratories Ltd (Healthcare)
Equity, Since 30 Apr 16 | DIVISLAB
4%₹2,722 Cr5,000,000
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Sep 16 | 500034
3%₹2,542 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 (29 Nov 24) ₹32.4642 ↑ 0.01   (0.04 %)
Net Assets (Cr) ₹31,883 on 31 Oct 24
Category Hybrid - Arbitrage
AMC SBI Funds Management Private Limited
Rating
Risk Moderately Low
Expense Ratio 0.94
Sharpe Ratio 1.11
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 Oct 19₹10,000
31 Oct 20₹10,367
31 Oct 21₹10,770
31 Oct 22₹11,191
31 Oct 23₹12,035
31 Oct 24₹12,931

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 29 Nov 24

DurationReturns
1 Month 0.5%
3 Month 1.7%
6 Month 3.6%
1 Year 7.6%
3 Year 6.3%
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 1212.08 Yr.
Arun R.30 Jun 213.34 Yr.

Data below for SBI Arbitrage Opportunities Fund as on 31 Oct 24

Asset Allocation
Asset ClassValue
Cash82.78%
Equity2.52%
Debt14.67%
Other0.03%
Equity Sector Allocation
SectorValue
Financial Services18.59%
Industrials9.56%
Energy8.74%
Basic Materials8.28%
Technology7.64%
Consumer Cyclical7.08%
Health Care2.83%
Consumer Defensive2.75%
Utility2.71%
Communication Services2.5%
Real Estate1.86%
Debt Sector Allocation
SectorValue
Cash Equivalent77.11%
Corporate14.85%
Government5.48%
Securitized0.01%
Credit Quality
RatingValue
AA13.14%
AAA86.86%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
SBI Savings Dir Gr
Investment Fund | -
10%₹3,050 Cr726,722,883
Future on Reliance Industries Ltd
Derivatives | -
4%-₹1,321 Cr4,433,750
↑ 822,000
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE
4%₹1,309 Cr4,433,750
↑ 822,000
Future on Tata Motors Ltd
Derivatives | -
4%-₹1,176 Cr11,968,000
↑ 13,750
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 Mar 22 | TATAMOTORS
4%₹1,166 Cr11,968,000
↑ 13,750
Future on HDFC Bank Ltd
Derivatives | -
3%-₹998 Cr5,712,850
↓ -2,922,150
SBI Magnum Low Duration Dir Gr
Investment Fund | -
3%₹995 Cr2,904,125
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 22 | HDFCBANK
3%₹989 Cr5,712,850
↓ -2,922,150
National Bank For Agriculture And Rural Development
Debentures | -
3%₹885 Cr9,000
↑ 9,000
Infosys Ltd (Technology)
Equity, Since 30 Sep 22 | INFY
3%₹817 Cr4,357,600
↑ 1,788,800

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 Oct 19₹10,000
31 Oct 20₹9,941

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 29 Nov 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

How to Invest in SBI Mutual Fund Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

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.
How helpful was this page ?
Rated 3.8, based on 5 reviews.
POST A COMMENT