SBI Balanced Advantage Fund: What is a Balanced Advantage Fund on which JanNivesh SIP is based?

SBI Balanced Advantage Fund: What is a Balanced Advantage Fund on which JanNivesh SIP is based?

SBI Mutual Fund, in collaboration with the State Bank of India, has launched JanNivesh SIP, a micro-investment scheme designed to bring mutual funds within reach of novice investors and modest savers in rural, semi-urban, and urban areas. By reducing initial investment requirements, the initiative aims to promote financial inclusion and foster a culture of regular … Read more

A lumpsum investment of Rs 1 lakh in this fund has given Rs 1.5 lakh in 3 years. Check investment details

A lumpsum investment of Rs 1 lakh in this fund has given Rs 1.5 lakh in 3 years. Check investment details

SBI Balanced Advantage Fund, which is an open-ended dynamic asset allocation fund managed by SBI Mutual Fund, has successfully completed three years of existence in the market. Introduced in August 2021, the SBI Balanced Advantage Fund witnessed record-breaking collections of over Rs. 14,600 crores during its New Fund Offer. The investment objective of the scheme … Read more