Asset Sadhu
Funds/Dynamic Asset Allocation Fund/SBI Balanced Advantage Fund

SBI Balanced Advantage Fund

SBI Mutual Fund·Dynamic Asset Allocation Fund·vs CRISIL Hybrid 50+50

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

PlanNAV1M3M6M1Y3Y CAGR5Y CAGR
Direct Growth₹16.3189——————
Regular Growth₹15.6007+0.04%-2.36%-2.02%+2.92%+11.57%—
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.

Portfolio Metrics(latest month)

Holdings
126
Top 5 Weight
17.48%
Top 10 Weight
27.09%
Active Share
—
Large Cap
52.05%
Gini
0.498

What Changed2026-03-31 → 2026-04-30

Holdings: 129 → 128+6 added−7 removed20 weight shifts ≥ 0.1%
StockWeight
Coal India Ltd.0.27%
Muthoot Finance Ltd.0.49%
National Bank for Agriculture and Rural Development0.25%
Small Industries Development Bank of India0.35%
Kotak Mahindra Bank Ltd.0.12%
91 DAY T-BILL 16.07.261.34%

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

Banks15.8%
Sovereign7.8%
Petroleum Products7.0%
CRISIL AAA6.3%
Power5.0%
Automobiles4.5%
IT - Software4.4%
Pharmaceuticals & Biotechnology3.9%
CRISIL A1+3.5%
Retailing3.3%

Top 10 sectors by % to NAV. Excludes derivatives.