Fundalysisby DARKHORSESTOCKS

Scheme

SBI Balanced Advantage Fund

Holds 84 companies worth ₹28,620 Cr in Sept 2026.

  • Fund house

    SBIThe fund house that runs this scheme.

  • AUM

    ₹40,545 CrSBI Balanced Advantage Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 3.0% on Aug 2026, ₹41,803 Cr.

  • Largest holding

    Reliance IndustriesReliance Industries is 4.2% of this scheme's NAV.

  • Fund manager

    Dinesh BalachandranRuns it since 31 Aug 2021, as the fund house dates it. With Anup Upadhyay (fund manager).

Overview(30 Sept 2026)

Fund managers2

  1. Dinesh BalachandranFund manager · Aug 2021 · 23y · CFA B.Tech
  2. Anup UpadhyayFund manager · Dec 2024 · 14y · PGDM B.Tech

    Key facts

    Benchmark
    Nifty 50 Hybrid composite debt 50:50 Index
    Risk
    VERY HIGH
    Expense
    Direct 0.62%
    Started
    31 Aug 2021
    Minimum
    ₹5,000

    Source.Its Scheme Summary Document as of 30 Sept 2026 at AMFI.

    What changed(0 changes)

    Nothing has changed in its documents since Sept 2026.

    Source.Its filings at NSE, since Sept 2026.

    Fund managers over time(Aug 2021 – now)

    1. Dinesh Balachandran
    2. Anup Upadhyay
    MainCoSlice20222023202420252026
    Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

    Costs(Sept 2026 – Sept 2026)

    Every change to the expense ratio, newest first.
    1 filingRegularDirectΔ pt
    30 Sept 2026–0.62%–
    Direct plan, 30 Sept 2026
    0.62%
    Regular plan –
    Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE (none yet: today's, at AMFI). A change holds until the next.

    Objective and risk(30 Sept 2026)

    Objective

    The investment objective of the scheme is to provide long term capital appreciation / income from a dynamic mix of equity and debt investments. However, there can be no assurance that the investment objective of the Scheme will be realized.

    Risk, type and benchmark

    Riskometer
    Very High
    At launch
    Moderately High
    Benchmark
    Nifty 50 Hybrid composite debt 50:50 Index

    How to invest(30 Sept 2026)

    Buying

    To start
    ₹5,000, then in multiples of ₹1
    To add
    ₹1,000, then in multiples of ₹1

    Selling and switching

    To redeem
    ₹500
    Switch minimum
    ₹5,000

    Scheme details(30 Sept 2026)

    What it is

    Category
    HYBRID
    Offer
    12 Aug 2021 to 25 Aug 2021
    Started
    31 Aug 2021
    Listed
    No

    How it is run

    Swing pricing
    No
    Side-pocketing
    Yes
    Custodian
    SBI-SG Global Securities Services Pvt. Ltd
    Auditor
    Chokshi & Chokshi LLP
    Registrar
    CAMS
    SEBI code
    SBIM/O/H/DAA/21/07/0133