SBI Balanced Advantage Fund
The fund remains heavily tilted toward equities at 73%, betting on sustained market strength while maintaining a defensive debt cushion. Banking stocks command a quarter of the portfolio, reflecting confidence in financial sector stability, while the addition of NABARD and SIDBI signals growing comfort with rural and SME lending themes. The trimming of sovereign bonds and exit from commodity stocks like Vedanta suggest the manager is rotating away from defensive positioning—a tactical shift that indicates conviction in corporate earnings resilience over macro safety plays.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|
| Direct Growth | ₹16.3851 | — | — | — | — |
| Regular Growth | ₹15.6637 | -0.54% | +2.57% | +11.54% | — |
Portfolio Metrics(latest month)
vs Category Peers
Active Stock PickerActive Share = ½Σ|wfund − wpeer|, computed using leave-one-out peer portfolio within SEBI category.
Similar Funds in Category
What Changed2026-03-31 → 2026-04-30
| Stock | Weight |
|---|---|
| Coal India Ltd. | 0.27% |
| Muthoot Finance Ltd. | 0.49% |
| National Bank for Agriculture and Rural Development | 0.25% |
| Small Industries Development Bank of India | 0.35% |
| Kotak Mahindra Bank Ltd. | 0.12% |
| 91 DAY T-BILL 16.07.26 | 1.34% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | TREPS | 5.39% |
| 2 | Reliance Industries Ltd. INE002A01018 | 5.38% |
| 3 | HDFC Bank Ltd. INE040A01034 | 4.18% |
| 4 | ICICI Bank Ltd. INE090A01021 | 3.40% |
| 5 | GAIL (India) Ltd. INE129A01019 | 2.42% |
| 6 | Tata Steel Ltd. INE081A01020 | 2.10% |
| 7 | 364 DAY T-BILL 04.03.27 IN002025Z484 | 1.99% |
| 8 | Tech Mahindra Ltd. INE669C01036 | 1.98% |
| 9 | Tata Motors Passenger Vehicles Ltd. INE155A01022 | 1.89% |
| 10 | Axis Bank Ltd. INE238A01034 | 1.88% |
| 11 | Larsen & Toubro Ltd. INE018A01030 | 1.87% |
| 12 | Punjab National Bank INE160A01022 | 1.79% |
| 13 | Torrent Power Ltd. INE813H01021 | 1.74% |
| 14 | Mahindra & Mahindra Ltd. INE101A01026 | 1.66% |
| 15 | Sun Pharmaceutical Industries Ltd. INE044A01036 | 1.65% |
| 16 | CESC Ltd. INE486A01021 | 1.57% |
| 17 | ITC Ltd. INE154A01025 | 1.53% |
| 18 | Bharti Airtel Ltd. INE397D01024 | 1.46% |
| 19 | Indus Towers Ltd. INE121J01017 | 1.42% |
| 20 | Bank of Baroda INE028A01039 | 1.40% |
Sector Allocation
Top 10 sectors by % to NAV. Excludes derivatives.
Frequently Asked Questions
How many stocks does SBI Balanced Advantage Fund hold?
SBI Balanced Advantage Fund holds 126 stocks as per the latest AMFI portfolio disclosure. The top 5 positions account for 17.48% of NAV.
What is the largest holding in SBI Balanced Advantage Fund?
The largest position in SBI Balanced Advantage Fund is TREPS, accounting for 5.39% of NAV.
Is SBI Balanced Advantage Fund a concentrated or diversified fund?
With a Gini coefficient of 0.498, SBI Balanced Advantage Fund is moderately concentrated. The HHI concentration index is 14,984 bps, which is above the 2500 bps threshold for high concentration. The top 5 holdings together make up 17.48% of the portfolio.
What is the market cap allocation of SBI Balanced Advantage Fund?
Based on SEBI's AMFI classification, SBI Balanced Advantage Fund's equity portfolio is split as: Large Cap: 52.05%, Mid Cap: 10.33%, Small Cap: 5.23%. This reflects the fund's positioning within the market cap spectrum.
Which sectors does SBI Balanced Advantage Fund invest in most?
SBI Balanced Advantage Fund has the highest allocation to Banks (15.76%), Sovereign (7.80%), Petroleum Products (7.03%). The fund is invested across 41 sectors in total.
How actively managed is SBI Balanced Advantage Fund compared to other Dynamic Asset Allocation Fund funds?
SBI Balanced Advantage Fund has an Active Share of 60.29%, classifying it as "Active Stock Picker" among 35 Dynamic Asset Allocation Fund peers. This indicates a moderate level of differentiation from category peers.
What changed in SBI Balanced Advantage Fund's portfolio in the latest month?
Between 2026-03-31 and 2026-04-30, SBI Balanced Advantage Fund added 6 new stocks (including Coal India Ltd.) and exited 7 stocks (including Steel Authority of India Ltd.). Total holding count decreased from 129 to 128 stocks.