SBI Multi Asset Allocation Fund - Regular Plan - Growth
(Erstwhile SBI Magnum Monthly Income Plan - Floater - Regular Plan - Growth)
Fund House: SBI Mutual Fund| Category: Hybrid: Multi Asset Allocation |
| Launch Date: 21-12-2005 |
| Asset Class: Mixed Asset |
| Benchmark: NIFTY 50 TRI,CRISIL 10-Year Gilt,Domestic Price of Gold |
| Expense Ratio: 1.83% As on (30-04-2023) |
| Status: Open Ended Schemes |
| Minimum Investment: 5000.0 |
| Minimum Topup: 1000.0 |
| Total Assets: 701.77 Cr As on (30-04-2023) |
| Turn over: - | Exit Load: For units in excess of 10% of the investment,1% will be charged for redemption within 365 days |
41.4625
0.03 (0.061%)
8.48%
Benchmark: 11.95%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme aims 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.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 7.08 |
| Sharpe Ratio | 1.16 |
| Alpha | 1.38 |
| Beta | 0.44 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| SBI Multi Asset Allocation Fund - Regular Plan - Growth | 21-12-2005 | 13.69 | 8.17 | 12.72 | 9.89 | 10.03 |
| UTI - Multi Asset Fund - Regular Plan - Growth Option | 19-11-2008 | 16.98 | 9.01 | 14.12 | 8.13 | 8.46 |
| ICICI Prudential Multi-Asset Fund - Growth | 31-10-2002 | 15.65 | 18.04 | 26.87 | 14.62 | 16.14 |
| Quant Multi Asset Fund-GROWTH OPTION - Regular Plan | 21-03-2001 | 12.7 | 13.19 | 36.4 | 20.61 | 13.31 |
| Tata Multi Asset Opportunities Fund-Regular Plan-Growth | 04-03-2020 | 11.9 | 10.05 | 19.65 | - | - |
| HDFC Multi-Asset Fund - Growth Option | 05-08-2005 | 11.88 | 9.28 | 18.14 | 11.16 | 10.47 |
| Nippon India Multi Asset Fund - Regular Plan - Growth Option | 05-08-2020 | 10.61 | 9.43 | - | - | - |
| Axis Multi Asset Allocation Fund - Regular Plan - Growth Option | 01-08-2010 | 6.49 | 4.41 | 15.09 | 10.21 | 9.26 |
| Motilal Oswal Multi Asset Fund - Regular Plan - Growth Option | 04-08-2020 | 5.89 | 3.26 | - | - | - |
Scheme Characteristics
Invests in at least three asset classes with a minimum allocation of at least 10% each in all three asset classes.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
19.73%
Others
56.89%
Large Cap
18.23%
Mid Cap
5.15%
Tax Benefits of investing in this fund
Capital gains will be deemed as short-term capital gains (STCG) for units acquired on or after April 1, 2023 and will be taxed at the applicable income tax slab rate**.
Income distribution cum capital withdrawal (IDCW) shall be taxable in the hands of investors and the mutual fund will deduct TDS @10% for resident investors and @20% (plus applicable surcharge and cess) for non-resident investors before payouts/re-investment. However, investors can claim tax-credit of TDS deducted at the time of filing their annual return.
** Capital gains on sale of units acquired on or before March 31, 2023 & redeemed on or after April 1, 2023 will be taxed as below:
Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months.
In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.
Short term capital gains (STCG) tax at the income tax slab rate if units are held for less than 36 months.
