NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹15.97
0.02%
NAV as on 21 Jul 26, 12:00 AM
high risk
dynamic asset allocation
equity
NAV as on 21 Jul 26, 12:00 AM
high risk
dynamic asset allocation
equity
3.35%p.a.
Last 1Y
10.18%p.a.
Last 3Y
0.00%p.a.
Last 5Y
10.04%p.a.
Since Inception
About SBI Balanced Advantage Fund -IDCW for NRIs
NRIs can achieve long-term capital appreciation by investing in the SBI Balanced Advantage Fund -IDCW scheme from SBI Mutual Fund. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Aug 2021, SBI Balanced Advantage Fund -IDCW is Dynamic Asset Allocation fund of its category with 41,512.85 Cr fund under management as on Jul 2026. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
- SBI Balanced Advantage Fund -IDCW delivered 3.4% annual returns during the last year. It has delivered 10.0% average annual returns since the fund was launched.
- SBI Balanced Advantage Fund -IDCW scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To provide long term capital appreciation / income from a dynamic mix of equity and debt investments. However, there can be no assurance that the investment objective of the Scheme will be realized
Top 10 Holdings
Carborundum Universal Ltd
0.45%
Cipla Ltd
0.75%
Coal India Ltd
0.24%
Container Corporation Of India Ltd
0.16%
Cummins India Ltd
0.65%
Dabur India Ltd
0.60%
Repo
2.69%
Net Payables
-0.12%
Tube Investments Of India Ltd
0.03%
SBI Life Insurance Company Ltd
0.13%
Fund Managers
- Rajeev Radhakrishnan (Nov 2023 - Present)
- Anup Upadhyay (Dec 2024 - Present)
- Dinesh Balachandran (Aug 2021 - Present)
- Mansi Sajeja (Dec 2023 - Present)
- Pradeep Kesavan (Dec 2023 - Present)
Key Information
View Scheme Document
SBI Balanced Advantage Fund -IDCW SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on SBI Balanced Advantage Fund -IDCW
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in SBI Balanced Advantage Fund -IDCW?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in SBI Balanced Advantage Fund -IDCW
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved