SBI Balanced Advantage Fund: Here’s all you need to know

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The newly launched Balanced Advantage Fund by SBI is recommended by experts to provide stability to the portfolio in stormy markets. Balanced Advantage Funds are a good option, especially for first-time investors. According to DP Singh, Chief Business Officer, SBI MF, keeping investors’ capital safe is their main focus. As investors are getting attracted to the equity market, SBI has come up with a  fund that will make it easy for them to allocate debt and equity depending on the mood of the market.

How does SBI Balanced Advantage Fund work?

Talking about the fund, SBI MF Chief Business Officer DP Singh said that a special Asset Allocation Committee has been formed for this fund, which will change the fund based on the market sentiments and valuations of companies to earnings drivers. The specialty of this fund is that the equity share in this fund is allowed to be kept up to 100%. Most balanced advantage funds keep their equity and debt allocation in the range of 30-80%, but here the fund manager has 100% flexibility.

The scheme will also take exposure in International Equity and Real Estate Investment Trust (REIT), Infrastructure Investment Trust (InvIT).

Watch the full conversation with SBI MF Chief Business Officer DP Singh