SBI Multi Asset Allocation Fund Overview

Mutual Fund

SBI Multi Asset Allocation Fund is an open-ended hybrid fund under the category multi asset allocation. Previously this fund was named SBI Magnum MIP Floater. The investment objective of SBI Multi Asset Allocation Fund is to invest in a diversified portfolio of multiple asset classes with an aim to provide optimal return.

SBI Multi Asset Allocation Fund was launched on December 21, 2005. This fund is managed by Mr. Ruchit Mehta. You can invest a minimum of Rs. 500 in SBI Multi Asset Allocation Fund sip plan. In order to yield a good amount of return, you can opt for SBI Multi Asset Allocation Fund growth plan.

SBI Multi Asset Allocation Fund Facts

  • SBI Multi Asset Allocation Fund portfolio includes 35.6% in equity stocks and 49.53% in debt securities.
  • Experienced fund managers after intrinsic research invests in a mix of equity, debt and commodity instruments to yield an optimized return from SBI Multi Asset Allocation Fund regular plan.
  • For a lump-sum investment, you need to invest a minimum of Rs. 5000 in SBI Multi Asset Allocation Fund lumpsum plan.
  • Investors who aims to gain optimized return with an exposure to hybrid portfolio investment can easily invest in SBI Multi Asset Allocation mutual fund scheme plan in India.
  • The last 5 year and 10 year returns of SBI Multi Asset Allocation Fund growth plan are 8.98% and 8.78% respectively.

Top 17 Sectors of SBI Multi Asset Allocation Fund

S.No.

Holding Name

Net Assets (in %)

1

Sovereign

34.2

2

Precious Metals

15.28

3

Consumer Goods

8.21

4

Financial Services

6.94

5

Pharma

5.54

6

Automobile

3.02

7

Cement & Cement Products

2.76

8

Energy

2.32

9

Services 

1.44

10

Industrial Manufacturing

1.36

11

Metals

1.1

12

Chemicals

0.97

13

Textiles

0.74

14

Construction

0.46

15

IT

0.39

16

Telecom

0.31

17

Cash, Cash Equivalents and others

14.95

(as on 29/03/2019)

Top 10 Holdings of SBI Multi Asset Allocation Fund

S.No.

Holding Name

Net Assets (in %)

1

Government of India

34.20

2

Gold – Mumbai

 

15.28

3

Cash, Cash Equivalents and others

14.95

4

Godrej Consumer Products Ltd.

1.32

5

Piramal Enterprises Ltd.

1.27

6

Dabur India Ltd.

1.18

7

Shree Cement Ltd.

1.16

8

Aurobindo Pharma Ltd.

1.13

9

Divi’s Laboratories Ltd.

1.11

10

Hindustan Petroleum Corporation Ltd.

1.08

(as on 29/03/2019)

SBI Multi Asset Allocation Fund Details

Launch Date- December 21, 2005

Fund Manager- Mr. Ruchit Mehta

Risk- Moderately High

Benchmark- 1/3 NIFTY+1/3 CRISIL Composite Bond Fund Index+1/3 Price of Gold

Return Since Launch- 7.57%

AUM- Rs. 290.71 crore (as on 31st Mar, 2019)

Following is the performance of SBI Multi Asset Allocation Fund-

 

1-Year

3-Year

5-Year

10-Year

Fund

1.52

6.42

8.98

8.78

VR Balanced TRI

12.08

14.01

12.11

12.92

Category

2.60

8.08

8.59

11.31

Rank within Category

Number of funds in category

As on Apr 22, 2019

 

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