November 8, 2022
mayank
SBI Multi Asset Allocation Fund
NAV Growth: Rs 42.2688
NAV IDCW Yearly: Rs 24.0831
NAV IDCW Quarterly: Rs 20.0774
NAV IDCW Monthly: Rs 18.9802
Suitable For Which Investors?
“Multi Asset Allocation funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times.
We don’t think highly of gold or other commodities as an investment. Therefore, we believe that investors can avoid these funds altogether. Instead, they might consider other varieties of hybrid funds — aggressive hybrid, balanced hybrid and conservative hybrid — which invest your money in equity shares and bonds in different proportions. You can choose from these depending upon your investment horizon, return expectations and ability to withstand volatility in the value of your investments.”
Fund’s Investment Strategy:
The scheme seeks to provide the investors an opportunity to invest in an actively managed portfolio of multiple asset classes.
Fund Manager:
1) Dinesh Balachandran
Education: Mr.Dinesh is a B.Tech from IIT-B, M.S. from MIT USA and CFA.
Experience: Prior to joining SBI Funds Management Pvt. Ltd. he has worked with Fidelity Investments, USA.
2) Raj Gandhi
Education: Mr. Gandhi is a BMS (Finance), MBA (Finance), CFA.
Experience: Prior to joining SBI Mutual Fund, he has worked with Sundaram Asset Management Company Limited, Principal Mutual Fund, Deutsche Equities India, UTI Securities and Angel Broking.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 1,000 |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
Basic Details
| Fund House | SBI Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 10.94% |
| Benchmark | CRISIL 10-Year Gilt (45), NIFTY 50 TRI (40), Domestic Price of Gold (15) |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 589 Cr |
| (As on 31-Oct-2022) | |
| Expense Ratio | 0.87% |
| (As on 30-Sep-2022) | |
| Risk Grade | Below Average |
| Return Grade | Average |
| Turnover | — |
SBI Multi Asset Allocation Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| SBI Multi Asset Allocation Dir | 5.91 | 0.41 | 0.93 | 3.57 | 6.4 | 5.58 | 11.52 | 9.93 | 10.16 | — |
| VR Balanced TRI | 5.73 | 0.43 | 4.68 | 4.49 | 10.91 | 3.34 | 14.5 | 12.19 | 12.72 | — |
| Hybrid: Multi Asset Allocation | 4.72 | 0.47 | 1.94 | 3.2 | 6.96 | 4.37 | 14.04 | 8.64 | 9.69 | — |
| Rank within category | 7 | 13 | 19 | 9 | 12 | 7 | 8 | — | — | — |
| Number of funds in category | 21 | 22 | 21 | 21 | 21 | 20 | 12 | 8 | 8 | 1 |
SBI Multi Asset Allocation Fund Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| SBI Multi Asset Allocation Dir | 3 star | 5.58 | 11.52 | 9.93 | 0.87 | 589 | 10.94 | 1.00 (365) | 9yrs 10mo | — |
| ICICI Pru Multi Asset Dir | 4 star | 12.82 | 20.65 | 13.73 | 1.19 | 14,227 | 16.01 | 1.00 (365) | 9yrs 10mo | 47.00 |
| HDFC Multi Asset Dir | 4 star | 6.03 | 15.95 | 10.99 | 0.89 | 1,573 | 10.97 | 1.00 (365) | 9yrs 10mo | 25.88 |
| HDFC Asset Allocator FoF Dir | Unrated | 7.93 | — | — | 0.09 | 2,320 | 15.25 | 1.00 (365) | 1yrs 6mo | — |
| Axis Triple Advtg Dir | 2 star | -3.27 | 13.26 | 11.93 | 0.64 | 1,745 | 10.26 | 1.00 (365) | 9yrs 10mo | 115.00 |
Portfolio Analysis
| No. of Stocks | 63 |
| Top 10 Holdings | 49.06% |
| Top 5 Stocks | 35.22% |
| Top 3 Sectors | 21.38% |
| Portfolio P/B Ratio | 2.23 |
| Portfolio P/E Ratio | 16.64 |
| Avg Credit Rating | GOI/Cash |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 26,183 | 26,183 |
| Giant (%) | 13.23 | 13.23 |
| Large (%) | 26.71 | 26.71 |
| Mid (%) | 26.63 | 26.63 |
| Small (%) | 33.43 | 33.43 |
| Tiny (%) | — | — |
| Fund | Category | |
| Number of Securities | 69 | 50 |
| Modified Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For SBI Multi Asset Allocation Fund
Apply Online: https://www.sbimf.com/en-us/quick-invest?action=panverification&SubBrokerCode=&EUIN=E455804&arn_code=ARN-245610&subbrokerARN=&utm_source=EasyLink
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