SBI Balanced Advantage Fund

Balanced AdvantageDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

SBI Balanced Advantage Fund is a Balanced Advantage fund run by SBI Mutual Fund. On 30-09-2026, it managed ₹40,545 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 9.3% a year and its Regular plan returned 8.4% a year. Its benchmark, NIFTY 50 Hybrid Composite Debt 50:50 Index, returned 6.0% a year over the same 3 years.

NAV (Direct plan): ₹16.00; ▼ 0.11%30-10-2026
NAV (Regular plan): ₹15.24; ▼ 0.11%30-10-2026
Expense ratio: 0.86%Direct1.67%Regular; 0.86%; A year
Riskometer: High; Set by the fund house
3 year return: 9.3%Direct8.4%Regular; 9.3%; A year

SBI Balanced Advantage Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹16.00 (down 0.11% that day); Regular Plan Growth ₹15.24 (down 0.11% that day).

This fund (Direct plan)

₹16.0014

SBI Balanced Advantage Fund Returns vs NIFTY 50 Hybrid Composite Debt 50:50 Index

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−0.92%	−4.44%	−2.94%	−3.13%	+9.33%	+9.41%	--
This fund (Regular)	−0.99%	−4.64%	−3.32%	−3.91%	+8.40%	+8.40%	--
NIFTY 50 Hybrid Composite Debt 50:50 Index	−3.31%	−3.02%	+1.93%	−2.65%	+6.05%	+5.96%	--
Balanced Advantage average	−0.55%	−2.88%	+0.08%	−2.08%	+9.14%	+8.35%	--
Best in Balanced Advantage	+1.54%	+1.98%	+8.19%	+8.40%	+12.82%	+13.03%	--
Worst in Balanced Advantage	−3.94%	−6.19%	−4.43%	−6.88%	+2.71%	+5.58%	--
Rank in Balanced Advantage	27/37	33/37	35/37	21/36	14/30	6/20	--

Category rows compare the Direct plans of 38 Balanced Advantage funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.

SBI Balanced Advantage Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	−4.89%	−5.53%
2025	+10.93%	+10.00%
2024	+14.50%	+13.46%
2023	+21.49%	+20.39%
2022	+6.20%	+5.07%

SBI Balanced Advantage Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 535 periods, one for each trading day from 09-09-2024 to 30-10-2026.

0%5%10%15%20%

Nov 2021
to
Nov 2024Mar 2022
to
Mar 2025Aug 2022
to
Aug 2025Dec 2022
to
Dec 2025Apr 2023
to
Apr 2026Aug 2023
to
Aug 2026

SBI Balanced Advantage Fund (Direct)Category average, 38 Balanced Advantage funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	1,029	9.8%	−3.4%	28.9%	1%	7.9%	85%
2 years	781	15.1%	1.8%	22.5%	0%	13.9%	99%
3 years	535	14.2%	8.8%	17.4%	0%	12.9%	100%
5 years	35	9.7%	9.1%	10.5%	0%	8.7%	100%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	50	11.2%	−5.0%	29.4%	6%	9.0%	70%
2 years	38	13.0%	0.7%	24.2%	0%	11.3%	82%
3 years	26	13.3%	3.7%	19.6%	0%	11.7%	92%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 38 Balanced Advantage funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

SBI Balanced Advantage Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	SBI Balanced Advantage Fund (Direct)This fund	Category average
Return (CAGR)	−3.13%	−2.10%
Standard deviation	7.65%	8.39%
Sharpe ratio	-1.09	-0.88
Sortino ratio	-1.44	-1.17
Maximum drawdown	−7.4% (30-03-2026)	−8.3% (30-03-2026)

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	SBI Balanced Advantage Fund (Direct)This fund	Category average
Return (CAGR)	+9.33%	+9.05%
Standard deviation	6.81%	7.94%
Sharpe ratio	0.48	0.38
Sortino ratio	0.66	0.51
Maximum drawdown	−7.4% (30-03-2026)	−9.4% (28-02-2025)

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	SBI Balanced Advantage Fund (Direct)This fund	Category average
Return (CAGR)	+9.41%	+8.47%
Standard deviation	6.40%	7.56%
Sharpe ratio	0.56	0.35
Sortino ratio	0.78	0.48
Maximum drawdown	−7.4% (30-03-2026)	−9.4% (28-02-2025)

From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	SBI Balanced Advantage Fund (Direct)This fund	Category average
Return (CAGR)	+9.45%	+8.51%
Standard deviation	6.34%	7.49%
Sharpe ratio	0.59	0.37
Sortino ratio	0.81	0.50
Maximum drawdown	−7.4% (30-03-2026)	−9.4% (28-02-2025)

From daily NAVs, 07-09-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−10%−8%−6%−4%−2%0%

20222023202420252026

SBI Balanced Advantage Fund (Direct)Category average, 38 Balanced Advantage funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
SBI Balanced Advantage Fund (Direct)	−7.4%	02-01-2026	30-03-2026	03-08-2026	4 months	−5.4%
Category average	−9.4%	26-09-2024	28-02-2025	26-06-2025	4 months	−4.2%

From the Direct plan's daily NAV since 07-09-2021, adjusted for unit splits, and the average of the 38 Balanced Advantage funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

SBI Balanced Advantage Fund vs Other Balanced Advantage Funds

The five Balanced Advantage funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
quant Dynamic Asset Allocation Fund	1/30	810	1.55%	−5.79%	+12.82%	--	--	0.49	0.67	Compare
Aditya Birla Sun Life Balanced Advantage Fund	2/30	9,836	0.89%	+2.18%	+11.60%	--	--	0.67	0.94	Compare
Baroda BNP Paribas Balanced Advantage Fund	3/30	5,162	0.92%	−0.62%	+11.52%	--	--	0.52	0.70	Compare
Axis Balanced Advantage Fund	4/30	3,651	1.00%	−1.41%	+11.50%	--	--	0.68	0.95	Compare
WhiteOak Capital Balanced Advantage Fund	5/30	2,256	0.84%	−0.57%	+11.37%	--	--	0.64	0.88	Compare
SBI Balanced Advantage Fund	14/30	40,545	0.86%	−3.13%	+9.33%	--	--	0.48	0.66

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

SBI Balanced Advantage Fund Expense Ratio and Costs

What each plan charges a year, in force from 29-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Balanced Advantage median	Cost rank (1 = cheapest)
Direct	0.60%	0.02%	0.01%	0.23%	0.86%	1.04%	10/38
Regular	1.29%	0.02%	0.01%	0.35%	1.67%	2.30%	5/38

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Balanced Advantage funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−3.91%	−3.13%	0.78%	₹96,090	₹96,870
3 years	8.40%	9.33%	0.93% a year	₹1,27,376	₹1,30,683
5 years	8.40%	9.41%	1.01% a year	₹1,49,674	₹1,56,778

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

SBI Balanced Advantage Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 07-09-2021 to 30-10-2026: 62 instalments, ₹6,20,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planSBI Balanced Advantage Fund (Direct)	₹6,20,000	₹7,62,772	₹1,42,772	8.0%
Regular planSBI Balanced Advantage Fund (Regular)	₹6,20,000	₹7,43,777	₹1,23,777	7.0%
Category averageCategory average, 38 Balanced Advantage funds	₹6,20,000	₹7,54,741	₹1,34,741	7.6%

₹0₹2.0 L₹4.0 L₹6.0 L₹8.0 L

20222023202420252026

Direct planSBI Balanced Advantage Fund (Direct)Regular planSBI Balanced Advantage Fund (Regular)Category averageCategory average, 38 Balanced Advantage fundsAmount invested

From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

SBI Balanced Advantage Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

67.4%Equity

Asset	Fund	Category
Equity	67.4%	69.0%
Debt	23.2%	23.0%
Cash and others	9.4%	7.9%

Market cap of stocks

Market cap	Fund	Category
Large Cap	49.6%	47.4%
Mid Cap	10.5%	11.6%
Small Cap	7.3%	8.8%

Share of the whole fund. Category: the average of the Balanced Advantage funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 37 Balanced Advantage funds.

Rating	Fund	Category
Sovereign	5.1%	7.4%
AAA and A1+	8.6%	11.3%
AA	9.5%	3.3%

SBI Balanced Advantage Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Banks15.9%
Power4.9%
Petroleum Products4.5%
Pharmaceuticals & Biotechnology4.3%
IT - Software4.0%
Retailing3.8%
Automobiles3.6%
Telecom - Services3.3%
Finance3.0%
Gas2.9%

The ten largest of 28 sectors. The other 18 add up to 17.3%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Banks	15.5%	15.6%	15.9%	+0.4%
Power	5.4%	4.9%	4.9%	−0.5%
Petroleum Products	6.1%	4.7%	4.5%	−1.6%
Pharmaceuticals & Biotechnology	4.5%	4.5%	4.3%	−0.2%
IT - Software	3.9%	4.2%	4.0%	+0.1%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

SBI Balanced Advantage Fund Portfolio Holdings

As on 30-09-2026 · 131 holdings · from the fund house's monthly portfolio

Holdings	Sector / Rating	Weight%	1M change
Reliance Industries Ltd.	Petroleum Products	4.24%	0.0%
HDFC Bank Ltd.	Banks	3.68%	0.0%
ICICI Bank Ltd.	Banks	3.58%	0.0%
GAIL (India) Ltd.	Gas	2.54%	0.0%
Larsen & Toubro Ltd.	Construction	2.44%	0.0%
Tech Mahindra Ltd.	IT - Software	2.06%	0.0%
364 DAY T-BILL 04.03.27 · Treasury bill	Sovereign	2.05%
Indus Towers Ltd.	Telecom - Services	1.93%	0.0%
Punjab National Bank	Banks	1.86%	0.0%
Tata Steel Ltd.	Ferrous Metals	1.84%	0.0%
Axis Bank Ltd.	Banks	1.80%	0.0%
Sun Pharmaceutical Industries Ltd.	Pharmaceuticals & Biotechnology	1.67%	0.0%
Tata Motors Passenger Vehicles Ltd.	Automobiles	1.58%	0.0%
Cholamandalam Investment & Finance Co. Ltd.Perpetual · Bond	[ICRA]AA	1.57%
Bandhan Bank Ltd.	Banks	1.47%	0.0%
Eternal Ltd.	Retailing	1.46%	0.0%
Cholamandalam Investment & Finance Co. Ltd.	Finance	1.45%	0.0%
Bharti Airtel Ltd.	Telecom - Services	1.36%	0.0%
Brookfield India Real Estate Trust	Realty	1.32%
HCL Technologies Ltd.	IT - Software	1.31%	0.0%
ITC Ltd.	Diversified FMCG	1.28%	0.0%
Star Health & Allied Insurance Co. Ltd.	Insurance	1.28%	New
Torrent Power Ltd.	Power	1.26%	0.0%
Bank of Baroda	Banks	1.23%	0.0%
Muthoot Finance Ltd. · Bond	CRISIL AA+	1.23%
Mahindra & Mahindra Ltd.	Automobiles	1.22%	0.0%
CESC Ltd.	Power	1.22%	0.0%
Biocon Ltd.	Pharmaceuticals & Biotechnology	1.19%	0.0%
Adani Power Ltd. · Bond	CRISIL AA	1.11%
Tata Motors Ltd.	Agricultural, Commercial & Construction Vehicles	1.10%	0.0%
Kotak Mahindra Bank Ltd.	Banks	1.10%	0.0%
Delhivery Ltd.	Transport Services	1.09%	0.0%
Mahindra & Mahindra Financial Services Ltd.	Finance	1.05%	0.0%
NHPC Ltd.	Power	1.04%	0.0%
JSW JFE Kalinga Steel Ltd. · Bond	CRISIL AA	1.03%
Knowledge Realty Trust	Realty	1.02%
Power Grid Corporation of India Ltd.	Power	1.02%	−2.7%
Swiggy Ltd.	Retailing	0.93%	New
Brainbees Solutions Ltd.	Retailing	0.89%	0.0%
Embassy Office Parks Reit	Realty	0.89%
7.32% CGL 2030 · Government security	Sovereign	0.88%
Motilal Oswal Financial Services Ltd. · Bond	CRISIL AA+	0.80%
Sona Blw Precision Forgings Ltd.	Auto Components	0.79%	0.0%
Tata Power Company Ltd. · Bond	CRISIL AA+	0.79%
Maruti Suzuki India Ltd.	Automobiles	0.79%	0.0%
Asian Paints Ltd.	Consumer Durables	0.76%	0.0%
Bharti Telecom Ltd. · Bond	CRISIL AAA	0.75%
United Spirits Ltd.	Beverages	0.75%	0.0%
State Bank of India	Banks	0.74%	0.0%
LIC Housing Finance Ltd. · Bond	CRISIL AAA	0.74%
Bajaj Finance Ltd. · Bond	CRISIL AAA	0.74%
364 DAY T-BILL 28.01.27 · Treasury bill	Sovereign	0.71%
Cipla Ltd.	Pharmaceuticals & Biotechnology	0.71%	0.0%
Oil & Natural Gas Corporation Ltd.	Oil	0.64%	0.0%
ICICI Prudential Life Insurance Company Ltd.	Insurance	0.62%	0.0%
Jamnagar Utilities & Power Pvt. Ltd. · Bond	CRISIL AAA	0.60%
7.52% State Government of Tamil Nadu 2055 · State government security	Sovereign	0.59%
Cummins India Ltd.	Industrial Products	0.56%	0.0%
Dabur India Ltd.	Personal Products	0.55%	0.0%
91 DAY T-BILL 27.11.26 · Treasury bill	Sovereign	0.49%
Carborundum Universal Ltd.	Industrial Products	0.49%	0.0%
Muthoot Finance Ltd. · Bond	CRISIL AA+	0.49%
Torrent Power Ltd. · Bond	CRISIL AA+	0.49%
National Bank for Agriculture and Rural Development · Bond	[ICRA]AAA	0.48%
Bharti Telecom Ltd. · Bond	CRISIL AAA	0.48%
Life Insurance Corporation of India	Insurance	0.47%	0.0%
ICICI Prudential Life Insurance Company Ltd. · Bond	CRISIL AAA	0.46%
Bajaj Finserv Ltd.	Finance	0.46%	0.0%
Bharti Telecom Ltd. · Bond	CRISIL AAA	0.44%
Small Industries Development Bank of India · Bond	CRISIL AAA	0.43%
Vishal Mega Mart Ltd.	Retailing	0.41%	0.0%
Torrent Pharmaceuticals Ltd. · Bond	[ICRA]AA+	0.39%
Titan Company Ltd.	Consumer Durables	0.38%	0.0%
Muthoot Finance Ltd. · Bond	CRISIL AA+	0.37%
UPL Ltd.	Fertilizers & Agrochemicals	0.37%	0.0%
Mahindra & Mahindra Financial Services Ltd. · Bond	CRISIL AAA	0.37%
Mahindra Rural Housing Finance Ltd. · Bond	CRISIL AAA	0.37%
Summit Digitel Infrastructure Pvt. Ltd. · Bond	CRISIL AAA	0.36%
HDFC Life Insurance Company Ltd. · Bond	[ICRA]AAA	0.36%
Tata Power Company Ltd.	Power	0.35%	0.0%
Petronet LNG Ltd.	Gas	0.34%	0.0%
Cohance Lifesciences Ltd.	Pharmaceuticals & Biotechnology	0.33%	0.0%
Wipro Ltd.	IT - Software	0.33%	0.0%
The Federal Bank Ltd.	Banks	0.33%	New
Grasim Industries Ltd.	Cement & Cement Products	0.29%	0.0%
Gateway Distriparks Ltd.	Transport Services	0.27%	0.0%
Indian Oil Corporation Ltd.	Petroleum Products	0.26%	0.0%
Reliance Industries Ltd. · Bond	CRISIL AAA	0.25%
National Bank for Agriculture and Rural Development · Bond	[ICRA]AAA	0.25%
National Bank for Agriculture and Rural Development · Bond	[ICRA]AAA	0.25%
6.01% CGL 2030 · Government security	Sovereign	0.24%
Tata Motors Passenger Vehicles Ltd. · Bond	CRISIL AA+	0.24%
National Bank for Agriculture and Rural Development · Bond	CRISIL AAA	0.24%
Jio Credit Ltd. · Bond	CRISIL AAA	0.24%
Muthoot Finance Ltd. · Bond	CRISIL AA+	0.24%
Coal India Ltd.	Consumable Fuels	0.24%	0.0%
Small Industries Development Bank of India · Certificate of deposit	CRISIL A1+	0.24%
Sundaram Finance Ltd. · Bond	[ICRA]AAA	0.24%
Muthoot Finance Ltd. · Bond	CRISIL AA+	0.23%
Alkem Laboratories Ltd.	Pharmaceuticals & Biotechnology	0.23%	0.0%
Tata Consultancy Services Ltd.	IT - Software	0.22%	0.0%
Hindalco Industries Ltd.	Non - Ferrous Metals	0.21%	0.0%
Muthoot Finance Ltd. · Bond	CRISIL AA+	0.21%
ICICI Lombard General Insurance Company Ltd.	Insurance	0.21%	−2.1%
Hindustan Unilever Ltd.	Diversified FMCG	0.20%	0.0%
ONGC Petro Additions Ltd. · Bond	CRISIL AA+	0.19%
LIC Housing Finance Ltd. · Bond	CRISIL AAA	0.18%
Container Corporation of India Ltd.	Transport Services	0.16%	0.0%
7.56% State Government of Madhya Pradesh 2039 · State government security	Sovereign	0.13%
IndusInd Bank Ltd.	Banks	0.12%	0.0%
Kotak Mahindra Bank Ltd.	CRISIL A1+	0.12%
Lupin Ltd.	Pharmaceuticals & Biotechnology	0.12%	0.0%
Muthoot Finance Ltd. · Bond	CRISIL AA+	0.12%
Infosys Ltd.	IT - Software	0.10%	0.0%
ACC Ltd.	Cement & Cement Products	0.10%	0.0%
Go Fashion (India) Ltd.	Retailing	0.06%	0.0%
ICICI Prudential Asset Management Company Ltd.	Capital Markets	0.06%	0.0%
Syngene International Ltd.	Healthcare Services	0.06%	0.0%
SBI Life Insurance Co. Ltd.	Insurance	0.03%	0.0%
Shriram Finance Ltd.	Finance	0.03%	−24.3%
Crompton Greaves Consumer Electricals Ltd.	Consumer Durables	0.02%	0.0%
Muthoot Finance Ltd. · Bond	CRISIL AA+	0.02%
Tube Investments of India Ltd.	Auto Components	0.02%	0.0%
HDFC Life Insurance Company Ltd.	Insurance	0.01%	0.0%
Bharat Petroleum Corporation Ltd.	Petroleum Products	0.00%	0.0%
Dr. Reddy's Laboratories Ltd.	Pharmaceuticals & Biotechnology	0.00%	0.0%
National Highways Infra Trust	Transport Infrastructure	0.00%
HDFC Asset Management Co. Ltd.	Capital Markets	0.00%	0.0%
Bajaj Finance Ltd.	Finance	0.00%	0.0%
Small Industries Development Bank of India · Bond	CRISIL AAA	0.00%
Interglobe Aviation Ltd.	Transport Services	0.00%	0.0%

SBI Balanced Advantage Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

Star Health & Allied Insurance Co. Ltd.	New	New	1.28%
Power Grid Corporation of India Ltd.	Reduced	−2.7%	1.02%
Swiggy Ltd.	New	New	0.93%
DLF Ltd.	Sold out	−100%	was 0.76%
The Federal Bank Ltd.	New	New	0.33%
ICICI Lombard General Insurance Company Ltd.	Reduced	−2.1%	0.21%
Shriram Finance Ltd.	Reduced	−24.3%	0.03%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What SBI Balanced Advantage Fund bought and sold

SBI Balanced Advantage Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
SBI Contra FundValue and Contra · SBI	47.2%	47	Compare
SBI BSE 100 ETFETF · SBI	38.7%	52	Compare
Groww NIFTY 200 ETFETF · Groww	38.2%	63	Compare
Bandhan Nifty 100 Index FundIndex · Bandhan	37.9%	47	Compare
DSP Nifty 500 Index FundIndex · DSP	37.7%	80	Compare
Kotak MSCI India ETFETF · Kotak Mahindra	37.7%	61	Compare
Aditya Birla Sun Life Msci India ETFETF · Aditya Birla Sun Life	37.6%	61	Compare
DSP MSCI India ETFETF · DSP	37.6%	61	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

SBI Balanced Advantage Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.86%
Expense ratio (Regular): 1.67%
Category: Balanced Advantage
Risk: High
Launch date: 31-08-2021
Minimum investment: ₹5,000
Minimum additional investment: ₹1,000
AUM: ₹40,544.59 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 149134
ISIN (Direct): INF200KA1Y73
Scheme code (Regular): 149132
ISIN (Regular): INF200KA1Y40
NAV history: From 07-09-2021, 5.1 years

Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index
Exit load: For units in excess of 10% of the investment,1% will be charged for redemption within 1 year.

Tax on SBI Balanced Advantage Fund returns

How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹16.0014	30-10-2026
direct	IDCW	₹16.002	30-10-2026
regular	Growth	₹15.2406	30-10-2026
regular	IDCW	₹15.2408	30-10-2026

About SBI Balanced Advantage Fund

SBI Balanced Advantage Fund is a mutual fund from SBI Mutual Fund. Its category is Balanced Advantage. It was launched on 31-08-2021. Its benchmark is NIFTY 50 Hybrid Composite Debt 50:50 Index. At the end of September 2026 it held 131 securities.

Fund Manager

Dinesh Balachandran
Fund manager of SBI Balanced Advantage Fund, since 31-08-2021
Anup Upadhyay
Fund manager of SBI Balanced Advantage Fund, since 01-12-2024

See all funds of SBI Mutual Fund

AUM change

September 2026: ₹40,544.59 Cr; −3.01% from August 2026
August 2026: ₹41,802.81 Cr; −1.05% from July 2026
July 2026: ₹42,244.29 Cr; +1.76% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

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Frequently Asked Questions for SBI Balanced Advantage Fund

What is the current NAV of SBI Balanced Advantage Fund?

The Direct plan NAV is ₹16.0014. The Regular plan NAV is ₹15.2406, as on 30-10-2026.

What are the returns of SBI Balanced Advantage Fund?

The Direct plan returned −3.13% in 1 year, +9.33% a year over 3 years, +9.41% a year over 5 years. The Regular plan returned −3.91% in 1 year, +8.40% a year over 3 years, +8.40% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of SBI Balanced Advantage Fund?

The Direct plan charges 0.86% a year. The Regular plan charges 1.67% a year. This is the figure the fund house reported to AMFI, in force from 29-09-2026.

What is the AUM of SBI Balanced Advantage Fund?

SBI Balanced Advantage Fund managed ₹40,544.59 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of SBI Balanced Advantage Fund?

At the end of September 2026 the largest holdings were RELIANCE (4.24%), HDFCBANK (3.68%), ICICIBANK (3.58%), GAIL (2.54%), LT (2.44%). The fund held 131 securities in all.

What did SBI Balanced Advantage Fund buy and sell in September 2026?

It bought 3 new stocks: Swiggy Ltd, The Federal Bank Ltd, Star Health & Allied Insurance Co. Ltd. It sold out of 1: DLF Ltd. It reduced 3.

How do I invest in SBI Balanced Advantage Fund?

Through SBI Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.

Who is the fund manager of SBI Balanced Advantage Fund?

Dinesh Balachandran (since 31-08-2021), Anup Upadhyay (since 01-12-2024).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.