SBI Multi Asset Allocation Fund Direct Growth NAV today
AMFI: 119843ISIN: INF200K01TZ3MUTF_IN: SBI_MULT_ASSE_MSXKLQSBI Mutual FundMulti Asset Allocation funds
NAV ₹71.2828up ₹0.28 (0.40%)
NAV for 26 Oct 2026, against 23 Oct 2026. Declared once a day.
Other plans: Regular IDCW ₹28.4627 · Regular Growth ₹63.6523, 0.39% · Direct IDCW ₹33.8586
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month. Assets under management in the glossary
- ₹21,044 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it. Total expense ratio: how it is worked out
- 0.66%18 Oct 2026
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot pull the fund's P/E down. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted. P/E in the glossary
- 19.030 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. Riskometer in the glossary
- Very HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures. Holdings in the glossary
- 13030 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer. Launch date in the glossary
- 21 Dec 2005
SBI Multi Asset Allocation Fund returns
Direct Growth plan
Over each window to 26 Oct 2026
| Over | Direct GrowthTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). Trailing return: how it is worked out | Regular Growth | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. Benchmark in the glossary | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. Rank in category in the glossary | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. Category median in the glossary | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. Middle half of the category in the glossary |
|---|---|---|---|---|---|---|
| 1 week | −2.01% | −2.02% | – | – | – | – |
| 1 month | −4.11% | −4.17% | – | 24 of 37 | −3.81% | −4.4% to −3.1% |
| 3 months | −3.58% | −3.77% | – | 20 of 36 | −3.47% | −4.1% to −3.2% |
| 6 months | −2.27% | −2.63% | – | 16 of 34 | −2.80% | −3.4% to −1.6% |
| 1 year | +2.62% | +1.85% | +6.51%to 30 Sep 2026 | 15 of 31 | +2.43% | −1.4% to +3.9% |
| 3 years | +13.73% | +12.76% | – | 7 of 15 | +13.47% | +12.5% to +16.0% |
| 5 years | +12.16% | +11.19% | – | 4 of 8 | +12.05% | +10.4% to +13.3% |
| 10 years | +11.46% | +10.49% | – | 3 of 6 | +11.37% | +11.0% to +13.9% |
₹10,000 put in on 19 Mar 2013 is ₹45,912 at the NAV of 26 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load. Growth of ₹10,000 in the glossaryOver a year and longer, a return is the yearly rate. Benchmark: 45% BSE 500 TRI + 40% Crisil Composite Bond Fund Index + 10% Domestic Prices of Gold + 5% Domestic Prices of Silver., over the same days as the fund, or to the month end its cell names. Rank, median and middle half among the Direct plans of Multi Asset Allocation funds, each fund's return to its latest NAV on or before 27 Oct 2026.
At the month end, 30 Sep 2026
| Over | Fund | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. Benchmark return in the glossary |
|---|---|---|
| 1 year | +8.26% | +6.51% |
| 3 years | +14.35% | – |
| 5 years | +12.99% | – |
| 10 years | +11.88% | – |
| Since launch | +12.13% | – |
Benchmark: 45% BSE 500 TRI + 40% Crisil Composite Bond Fund Index + 10% Domestic Prices of Gold + 5% Domestic Prices of Silver.. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
Highest year to Dec 2023, +25.5%; lowest year to Dec 2018, +1.8%
SBI Multi Asset Allocation Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 26 Oct 2026SIP calculator
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. Amount invested in the glossary | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. Value today in the glossary | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. SIP return (XIRR) in the glossary | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. SIP return after stamp duty in the glossary | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. Stamp duty paid in the glossary |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,17,049₹1,17,043 after stamp duty | −4.65% | −4.66% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹4,04,765₹4,04,745 after stamp duty | +7.84% | +7.83% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹8,09,901₹8,09,861 after stamp duty | +12.01% | +12.01% | ₹30 | |
| 10 years120 instalments | ₹12,00,000 | ₹22,92,478₹22,92,421 after stamp duty | +12.46% | +12.46% | ₹38 | |
| Since Mar 2013163 instalments | ₹16,30,000 | ₹38,95,915₹38,95,858 after stamp duty | +12.02% | +12.02% | ₹38 |
A SIP that rises every year: Step-up SIP calculator
Rolling returns
Per cent a year, every window from 19 Mar 2013 to 26 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The lowest yearly return of any window of this length in the fund's history, one window starting on each day it priced. Lowest rolling return in the glossaryAverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history. Average rolling return in the glossaryHighestHighest rolling return. The highest yearly return of any window of this length in the fund's history. Highest rolling return in the glossaryEnded higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started. Windows that ended higher in the glossary
1 year3,053 windows−7.9%+12.9%+37.0%99.6%
3 years2,573 windows+1.3%+12.4%+21.5%100.0%
5 years2,092 windows+4.9%+11.8%+18.5%100.0%
10 years879 windows+10.5%+12.1%+13.3%100.0%
Every 3, 5 and 10-year window ended higher than it started.
SBI Multi Asset Allocation Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio. Direct and regular plan cost gap in the glossary
- 0.73 ptsA year, on 18 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies. Expense ratio, 30-day average in the glossary
- 0.67%Over the last 30 days filed
- Regular, 30-day average
- 1.40%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.22%, Aug 2020.Direct plan lowest 0.50%, Nov 2024.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. Base expense ratio in the glossary | 0.49% | 1.11% |
| Brokerage | 0.02% | 0.02% |
| Transaction costs | None | None |
| Statutory levies | 0.17% | 0.27% |
Per cent of assets a year, filed for 26 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
For units allotted upto 28th Sep 2023 – Nil till 30th Oct 2023 / For units allotted from 29th Sep 2023 - For exit within 12 months from the date of allotment –For 10% of investments – NIL, For remaining investments – 1%; For exit after 12 months from the date of allotment –NIL / From 31th Oct 2023 for all units - For exit within 12 months from the date of allotment –For 10% of investments – NIL, For remaining investments – 1%; For exit after 12 months from the date of allotment –NILMoreLess
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase. Minimum investment in the glossary
- ₹5,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹500
- SIP
- Accepted
- SIP minimum
- ₹500
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold. Lock-in in the glossary
- None
As listed for this plan on 27 Oct 2026.
How SBI Multi Asset Allocation Fund is taxed
Tax depends on the fund's own mix. With 65% or more in shares of listed Indian companies, gains on units held over 12 months are taxed at 12.5% above ₹1.25 lakh a year, and gains on units held 12 months or less at 20%; with more than 65% in debt and money market instruments, gains on units bought on or after 1 Apr 2023 are taxed at the income tax slab rate however long they are held, and on units bought earlier at 12.5% after 24 months; otherwise, gains on units held over 24 months are taxed at 12.5%, and gains on units held 24 months or less at the income tax slab rate.
IDCW payouts are added to the holder's income and taxed at the income tax slab rate. The fund deducts 10% tax at source for a resident when its payouts to them in a year counted from April to March are above ₹10,000.
Rules in force from 1 Apr 2025, checked 27 Oct 2026. Surcharge and cess are not included.
SBI Multi Asset Allocation Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹20,580 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors. Share of assets in the direct plans in the glossary
- 16.9%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
The latest quarter is the largest since the quarter to Jun 2010.
Assets at each month end
The latest month end is the highest since Feb 2019.Lowest ₹221 Cr, Mar 2020.
SBI Multi Asset Allocation Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. Large, mid and small cap in the glossary | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. Weight in the fund in the glossary | Yield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each. Yield to maturity in the glossary | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. Held since in the glossary | ||||
|---|---|---|---|---|---|---|---|
| SBI Gold ETFMutual Fund/ETF | Fund units | 6.42% | 1,351.45 | 10,75,91,000 | – | Jan 2022 | |
| SBI Silver ETFMutual Fund/ETF | Fund units | 3.57% | 750.41 | 3,48,96,178 | – | Jul 2024 | |
| Brookfield India Real Estate TrustRealty | REIT or InvIT units | 2.42% | 509.56 | 1,51,64,234 | – | Dec 2024 | |
| Cholamandalam Investment and Finance CompanyCholamandalam Investment & Finance Co. Ltd.Perpetual, [ICRA]AA, 9.87% coupon | Bonds and bills | 2.21% | 465.93 | 475 | 10.18% | Sep 2026 | |
| Embassy Office Parks ReitRealty | REIT or InvIT units | 1.97% | 413.57 | 95,20,000 | – | Dec 2023 | |
| GAIL (India)Gas | Shares | Large cap100th | 1.89% | 398.24 | 2,33,50,297 | – | Mar 2021 |
| HDFC BankBanks | Shares | Large cap2nd | 1.77% | 372.92 | 52,62,000 | – | Nov 2022 |
| Bandhan BankBanks | Shares | Small cap277th | 1.74% | 365.37 | 2,05,00,000 | – | Sep 2024 |
| DelhiveryTransport Services | Shares | Small cap253rd | 1.68% | 353.92 | 86,38,573 | – | Apr 2026 |
| ICICI BankBanks | Shares | Large cap5th | 1.46% | 306.63 | 23,20,000 | – | Apr 2022 |
| Indus TowersTelecom - Services | Shares | Large cap92nd | 1.45% | 306.02 | 82,00,000 | – | Jan 2026 |
| Mahindra & Mahindra Financial ServicesFinance | Shares | Mid cap203rd | 1.43% | 299.93 | 92,32,926 | – | Oct 2025 |
| National Bank for Agriculture and Rural Development[ICRA]AAA, 7.16% coupon, repaid 14 Dec 2029 | Bonds and bills | 1.40% | 294.24 | 30,000 | 7.87% | Jul 2026 | |
| BioconPharmaceuticals & Biotechnology | Shares | Mid cap173rd | 1.39% | 293.30 | 79,20,476 | – | Nov 2024 |
| Kotak Mahindra BankBanks | Shares | Large cap16th | 1.33% | 279.25 | 66,96,701 | – | Apr 2026 |
Weight is per cent of the fund's net assets; value in ₹ crore. 2 lines filed with no weight are listed without one.
Futures and options on 30 Sep 2026
| LTM Ltd. 27.10.2026 | 0.26% | 53.88 | 1,35,150 |
| Gold 04.12.2026 | 0.14% | 29.81 | 20 |
Weight is per cent of the fund's net assets; value in ₹ crore. 2 lines filed with no weight are listed without one.
Cash and receivables on 30 Sep 2026
| TREPS | 7.14% | 1,503.06 |
| Net Receivable / Payable | 0.29% | 74.75 |
| Margin amount for Derivative positions | 0.12% | 25.00 |
Weight is per cent of the fund's net assets; value in ₹ crore. 2 lines filed with no weight are listed without one.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions. Largest holding in the glossary
- 6.42%SBI Gold ETF
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions. Top 5 holdings in the glossary
- 16.59%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions. Top 10 holdings in the glossary
- 25.13%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out. Top 10 shares in the glossary
- 15.40%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights. Effective number of holdings in the glossary
- 61.7Taken over 92.45% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought. Asset allocation in the glossary- Indian shares44.92%
- Bonds and bills32.16%
- REIT and InvIT units5.38%
- Units of other funds9.99%
- Cash and receivables7.55%
- Futures and options, netFutures and options, net. The value of the shares or bonds the fund's contracts are written on, as a share of its net assets, a sold contract counted as a minus: a hedged fund's sold futures offset the shares it holds. Futures and options, net in the glossary0.40%
- Futures and options, grossFutures and options, gross. The value the fund's contracts are written on, as a share of its net assets, counting each contract as a plus whichever way it faces. Futures and options, gross in the glossary0.40%
Per cent of the fund's net assets.
Large, mid and small cap
- Large cap43.14%Category 61.15%
- Mid cap20.12%Category 20.55%
- Small cap34.31%Category 16.54%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Shares not on the list: 1.09% of the fund. Category is the average of 37 Multi Asset Allocation funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets. Sector weight in the glossary19sectors
- Financial Services13.37%Category 17.32%
- Oil Gas & Consumable Fuels5.26%Category 3.01%
- Healthcare4.48%Category 4.79%
- Services3.39%Category 1.43%
- Fast Moving Consumer Goods2.74%Category 2.64%
- Automobile And Auto Components2.71%Category 4.15%
- Chemicals2.58%Category 0.95%
- Power1.97%Category 1.49%
- Telecommunication1.58%Category 2.24%
- Consumer Services1.45%Category 3.03%
- Information Technology1.11%Category 2.61%
- Textiles0.98%Category 0.26%
- Realty0.88%Category 0.48%
- Metals & Mining0.65%Category 2.14%
- Construction0.62%Category 1.21%
- Consumer Durables0.50%Category 1.37%
- Capital Goods0.44%Category 4.29%
- Construction Materials0.43%Category 0.96%
- Media Entertainment & Publication0.04%Category 0.11%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 37 Multi Asset Allocation funds. Category average. The sector's weight, less the futures sold on it, averaged over the 37 Multi Asset Allocation funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Services16 companies | 13.37% | 14.71% | 15.16% | 13.74% | 13.88% | 11.85% | 10.81% | 13.13% | 13.71% | 13.85% | 15.95% | 15.69% | |
| Oil Gas & Consumable Fuels5 companies | 5.26% | 5.53% | 5.83% | 5.89% | 6.42% | 7.00% | 7.02% | 7.73% | 5.66% | 4.78% | 5.18% | 5.48% | |
| Healthcare4 companies | 4.48% | 4.82% | 4.85% | 5.13% | 4.96% | 3.63% | 2.66% | 1.60% | 1.66% | 1.07% | 1.19% | 0.88% | |
| Services4 companies | 3.39% | 2.61% | 2.68% | 2.69% | 1.73% | 1.87% | 0.69% | 0.80% | 0.86% | 0.98% | 0.84% | 0.93% | |
| Fast Moving Consumer Goods6 companies | 2.74% | 2.73% | 2.95% | 2.77% | 2.00% | 2.02% | 2.00% | 2.33% | 2.53% | 3.20% | 3.51% | 3.74% | |
| Automobile And Auto Components4 companies | 2.71% | 2.38% | 2.46% | 1.67% | 1.74% | 1.59% | 0.75% | 0.59% | 0.64% | 0.73% | 0.70% | 0.70% | |
| Chemicals5 companies | 2.58% | 2.48% | 2.43% | 2.50% | 2.61% | 2.81% | 2.76% | 3.02% | 3.69% | 1.92% | 2.23% | 2.20% | |
| Power2 companies | 1.97% | 2.13% | 2.32% | 2.26% | 2.33% | 2.45% | 2.01% | 0.60% | 0.50% | 0.64% | 0.71% | 0.80% | |
| Telecommunication2 companies | 1.58% | 1.66% | 1.74% | 1.81% | 2.14% | 1.61% | 1.47% | 1.57% | 1.70% | 0.26% | 0.28% | 0.29% | |
| Consumer Services4 companies | 1.45% | 1.58% | 1.56% | 4.08% | 2.78% | 2.89% | 2.82% | 2.41% | 2.60% | 2.66% | 2.92% | 3.20% | |
| Information Technology4 companies | 1.11% | 1.23% | 1.27% | 1.20% | 2.01% | 2.05% | 2.23% | 2.32% | 3.14% | 3.56% | 3.83% | 3.91% | |
| Textiles3 companies | 0.98% | 1.09% | 0.89% | 0.98% | 0.82% | 0.87% | 0.78% | 0.85% | 0.80% | 1.24% | 1.68% | 1.62% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
- Yield to maturity
- 8.69%Lines stating a yield: 81.83% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio. Yield after expenses in the glossary
- 8.00%Direct plan
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over. Maturity date known in the glossary
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window. Perpetual bonds in the glossary
- 5.62%Of the bond book
The bond book is the fund's bonds, bills and overnight lending.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared. Credit rating in the glossaryLoans of over a year
- Sovereign1.29%
- AAA9.74%
- AA20.67%
Loans of under a year
- A1+0.46%
Other
- Overnight lending7.14%
Per cent of the fund's net assets. A grade is stated for 100.00% of the bonds.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off. Maturity profile in the glossary- Up to 1 month7.14%
- 1 to 3 months0.71%
- 3 to 6 months0.70%
- 6 to 12 months3.20%
- 1 to 3 years17.84%
- 3 to 5 years5.84%
- 5 to 10 years1.66%
- Over 10 yearsNone
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
- Largest borrowerLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out. Lending to one borrower in the glossary
- 4.35%Cholamandalam Investment and Finance Company Limited
- Top 5 borrowers
- 13.21%
- Top 10 borrowers
- 19.66%
Per cent of the fund's net assets. Lent outside the government: 30.87% of the fund, to 29 borrowers; the borrower is named for 100.00% of it, its group for 22.87%.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before. New positions in the glossary
- 116.94% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date. Sold out in the glossary
- 63.72% of the fund before
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth. Added to in the glossary
- 1
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth. Trimmed in the glossary
- 7
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price. Unchanged in the glossary
- 113
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month. Traded at least in the glossary
- 3.72%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it. Weight that moved in the glossary
- 9.00%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). What changed in the glossary | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. Change in weight in the glossary | ||||
|---|---|---|---|---|---|
| Cholamandalam Investment and Finance CompanyCholamandalam Investment & Finance Co. Ltd.Perpetual | New | 2.21% | 0.00% | +2.21 pts | +475 |
| Elevate Campuses | New | 1.02% | 0.00% | +1.02 pts | +66,43,124 |
| Knowledge Realty Trust | New | 0.99% | 0.00% | +0.99 pts | +1,82,94,885 |
| 6.94% CGL 2036 | Trimmed | 0.12% | 1.07% | −0.95 pts | −2,00,00,000 |
| Motilal Oswal Financial ServicesMotilal Oswal Financial Services Ltd. | New | 0.71% | 0.00% | +0.71 pts | +15,000 |
| Bajaj Housing FinanceBajaj Housing Finance Ltd. | New | 0.70% | 0.00% | +0.70 pts | +15,000 |
| 7.56% State Government of Madhya Pradesh 2039 | Sold out | – | 0.69% | −0.69 pts | −1,45,00,000 |
| Pine Labs | Sold out | – | 0.65% | −0.65 pts | −82,72,795 |
| Steel Authority of India | Trimmed | 0.09% | 0.58% | −0.49 pts | −51,31,742 |
| 7.06% CGL 2041 | Sold out | – | 0.48% | −0.48 pts | −1,00,00,000 |
| National Bank for Agriculture and Rural Development | Trimmed | 1.40% | 1.88% | −0.48 pts | −10,000 |
| SEDEMAC Mechatronics | New | 0.43% | 0.00% | +0.43 pts | +2,59,137 |
| Deepak Nitrite | Added | 0.73% | 0.42% | +0.31 pts | +5,00,000 |
| LTM | Trimmed | – | 0.29% | −0.29 pts | −1,35,150 |
| Reliance IndustriesReliance Industries Ltd. | New | 0.24% | 0.00% | +0.24 pts | +5,000 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points. Securities only: 4 futures, options and cash lines that changed are not listed.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SBI Gold ETF | 3.40% | 3.34% | 3.25% | 3.40% | 5.53%Added | 6.24%Added | 6.17%Added | 6.21% | 6.34%Added | 6.42%Added | 6.76% | 6.42% |
| SBI Silver ETF | 6.25%Cut | 6.45% | 7.38%Cut | 6.16%Cut | 5.11% | 4.43% | 4.26% | 4.51% | 3.94%Added | 3.65% | 3.81% | 3.57% |
| Brookfield India Real Estate Trust | 2.33% | 2.12% | 3.86%Added | 3.58% | 3.42% | 3.04% | 2.80% | 2.64% | 2.59% | 2.56% | 2.48% | 2.42% |
| Cholamandalam Investment and Finance CompanyCholamandalam Investment & Finance Co. Ltd.Perpetual | – | – | – | – | – | – | – | – | – | – | – | 2.21%Bought |
| Embassy Office Parks Reit | 1.86% | 1.74% | 1.64% | 1.42% | 1.27% | 1.28% | 1.18% | 1.14% | 1.11% | 1.06% | 1.99%Added | 1.97% |
 GAIL (India) | 1.19%Added | 1.08% | 0.97% | 1.61%Added | 2.42%Added | 1.99% | 2.16% | 2.10% | 2.09% | 2.09% | 1.98% | 1.89% |
 HDFC Bank | 2.32% | 2.23% | 2.02% | 1.66% | 1.44% | 1.21% | 1.16% | 1.08% | 1.10% | 1.95%Added | 1.78% | 1.77% |
 Bandhan Bank | 1.59%Added | 1.44% | 1.29% | 1.19% | 2.28%Added | 1.79% | 2.32% | 2.33% | 2.16% | 1.76% | 1.60% | 1.74% |
 Delhivery | – | – | – | – | – | – | 1.07%Bought | 1.00% | 2.11%Added | 2.06% | 1.88% | 1.68% |
 ICICI Bank | 0.38% | 0.37% | 0.33% | 0.29% | 0.27% | 0.24% | 0.23% | 1.59%Added | 1.65% | 1.65% | 1.61% | 1.46% |
 Indus Towers | – | – | – | 1.49%Bought again | 1.39% | 1.29% | 1.44%Added | 1.98%Added | 1.66% | 1.58% | 1.52% | 1.45% |
 Mahindra & Mahindra Financial Services | 0.14%Bought again | 0.38%Added | 0.38% | 0.77%Added | 0.74%Added | 0.57% | 1.62%Added | 1.53% | 1.51% | 1.76% | 1.65% | 1.43% |
| National Bank for Agriculture and Rural Development | – | – | – | – | – | – | – | – | – | 1.59%Bought | 1.88%Added | 1.40%Cut |
 Biocon | 0.63% | 0.97%Added | 0.88% | 1.48%Added | 1.44% | 1.35% | 1.61%Added | 1.86% | 1.71% | 1.67% | 1.56% | 1.39% |
 Kotak Mahindra Bank | – | – | – | – | – | – | 1.45%Bought | 1.41% | 1.36% | 1.29% | 1.34% | 1.33% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it. Portfolio turnover in the glossary
Highest 116.6% in Jul 2026
Risk ratios
NAV to 26 Oct 2026
Each bar runs from the lowest to the highest figure among the Direct plans of Multi Asset Allocation funds (14 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves. Standard deviation in the glossary8.65%
1.39%Lowest9.16%Average11.98%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure. Downside deviation in the glossary4.85%
0.33%Lowest5.42%Average7.55%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV. Sharpe ratio in the glossary0.92
0.41Lowest0.91Average1.84Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down. Sortino ratio in the glossary1.45
0.58Lowest1.46Average3.09Highest
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. Largest fall in the glossary | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. Back at the high in the glossary |
|---|---|---|---|---|
| 1, 3 and 5 years | −8.59% | 29 Jan 2026 | 23 Mar 2026 | Not yet |
| 10 years and since Mar 2013 | −17.59% | 20 Feb 2020 | 23 Mar 2020 | 23 Jun 2020 |
Risk level by month
| Months | Fund | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. Benchmark's risk level in the glossary |
|---|---|---|
| Mar 2025 to Aug 202618 months | Very High | High45% BSE 500 TRI + 40% Crisil Composite Bond Fund Index + 10% Domestic Prices of Gold + 5% Domestic Prices of Silver. |
| Feb 2023 to Feb 202525 months | Very High | 45% BSE 500 TRI + 40% Crisil Composite Bond Fund Index + 10% Domestic Prices of Gold + 5% Domestic Prices of Silver. |
| Jan 20231 month | Low to Moderate | 45% BSE 500 TRI + 40% Crisil Composite Bond Fund Index + 10% Domestic Prices of Gold + 5% Domestic Prices of Silver. |
| Aug 2022 to Dec 20225 months | Very High | 45% BSE 500 TRI + 40% Crisil Composite Bond Fund Index + 10% Domestic Prices of Gold + 5% Domestic Prices of Silver. |
| Apr 2022 to Jul 20224 months | High | 45% BSE 500 TRI + 40% Crisil Composite Bond Fund Index + 10% Domestic Prices of Gold + 5% Domestic Prices of Silver. |
| Jan 2022 to Mar 20223 months | Moderately High | 45% BSE 500 TRI + 40% Crisil Composite Bond Fund Index + 10% Domestic Prices of Gold + 5% Domestic Prices of Silver. |
| Oct 2021 to Dec 20213 months | High | 45% BSE 500 TRI + 40% Crisil Composite Bond Fund Index + 10% Domestic Prices of Gold + 5% Domestic Prices of Silver. |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
SBI Multi Asset Allocation Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. Return in the manager's time in the glossary | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. Benchmark over the same days in the glossary | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. Difference from the benchmark in the glossary | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. Portfolio changed after the handover in the glossary | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. Portfolio changed before the handover in the glossary | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. Assets the manager runs in the glossary | ||
|---|---|---|---|---|---|---|---|---|
| Mansi Sajeja | Dec 2023this role since Feb 2024 | +11.74%a year | – | – | 36.0% | 45.1% | 6 | ₹1,36,164 Cr |
| Dinesh Balachandran | Oct 2021this role since Feb 2024 | +12.07%a year | – | – | 2.0% | 15.8% | 6 | ₹1,60,000 Cr₹76,302 Cr alone |
| Vandna Soni | Jan 2024this role since Feb 2024 | +10.39%a year | – | – | 31.6% | 47.0% | 5 | ₹58,934 Cr₹32,283 Cr alone |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | |||||
|---|---|---|---|---|---|
| SBI Aggressive Hybrid FundMansi Sajeja | Dec 2023 | +10.09%a year | – | – | ₹86,163 Cr |
| SBI Short Term FundMansi Sajeja | Dec 2023 | +7.03%a year | – | – | ₹13,243 Cr |
| SBI Conservative Hybrid FundMansi Sajeja | Jun 2021 | +8.59%a year | – | – | ₹10,107 Cr |
| SBI Contra FundDinesh Balachandran | May 2018 | +14.91%a year | – | – | ₹45,068 Cr |
| SBI Balanced Advantage FundDinesh Balachandran | Aug 2021 | +9.34%a year | – | – | ₹40,545 Cr |
| SBI ELSS Tax Saver FundDinesh Balachandran | Sep 2016 | +13.07%a year | – | – | ₹30,027 Cr |
| SBI Flexicap FundDinesh Balachandran | Dec 2024 | −3.52%a year | – | – | ₹22,109 Cr |
| SBI Gold ETFVandna Soni | Jan 2024 | – | – | – | ₹26,466 Cr |
| SBI Silver ETFVandna Soni | Jul 2024 | – | – | – | ₹5,817 Cr |
| SBI Equity Savings FundVandna Soni | Jan 2024 | +6.46%a year | – | – | ₹5,413 Cr |
The ten largest by assets, by manager. Returns are the direct plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. Portfolio overlap in the glossary | Shared holdings. The number of securities both funds hold, cash and futures left out. Shared holdings in the glossary | |
|---|---|---|
| Nippon India Multi Asset Allocation FundNippon India Mutual Fund | 15.56% | 28 |
| Sundaram Multi Asset Allocation FundSundaram Mutual Fund | 15.33% | 12 |
| PGIM India Multi Asset Allocation FundPGIM India Mutual Fund | 15.12% | 16 |
| Axis Multi Asset Allocation FundAxis Mutual Fund | 14.56% | 24 |
| Mahindra Manulife Multi Asset allocation FundMahindra Manulife Mutual Fund | 14.39% | 17 |
| HDFC Multi Asset Allocation FundHDFC Mutual Fund | 14.30% | 22 |
| ICICI Prudential Multi Asset Allocation FundICICI Prudential Mutual Fund | 14.05% | 36 |
| Aditya Birla Sun Life Multi Asset Allocation FundAditya Birla Sun Life Mutual Fund | 13.67% | 21 |
| UTI Multi Asset Allocation FundUTI Mutual Fund | 13.58% | 23 |
| DSP Multi Asset Allocation FundDSP Mutual Fund | 13.47% | 21 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| SBI Balanced Advantage FundSBI Mutual Fund | 36.77% |
| SBI Conservative Hybrid FundSBI Mutual Fund | 26.20% |
| SBI Equity Savings FundSBI Mutual Fund | 20.86% |
| SBI Arbitrage FundSBI Mutual Fund | 14.22% |
| SBI Aggressive Hybrid FundSBI Mutual Fund | 11.55% |
| SBI Balanced Hybrid FundSBI Mutual Fund | 7.42% |
As the fund house states it, for Sep 2026.
SBI Multi Asset Allocation Fund dividend history
IDCW (income distribution cum capital withdrawal), once called a dividend: rupees per unit, paid to holders on the record date and taken out of the NAV. Paid by the fund's Direct IDCW plan.Every fund's payouts
Paid per unit, the latest payouts
- Paid per unitIDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount. IDCW payout in the glossary
Largest ₹0.043336 a unit, Jan 2018.
Every payout
| IDCW yield. A payout as a share of the plan's NAV on the record date, before the NAV fell by the amount paid. IDCW yield in the glossary | NAV before | NAV after | ||
|---|---|---|---|---|
| 28 Feb 2020 | ₹0.036016 | 0.26% | ₹13.8544 | ₹13.5572 |
| 31 Jan 2020 | ₹0.036016 | 0.26% | ₹13.9544 | ₹13.8459 |
| 27 Dec 2019 | ₹0.036016 | 0.26% | ₹13.7662 | ₹13.8000 |
| 29 Nov 2019 | ₹0.036016 | 0.26% | ₹13.9049 | ₹13.7985 |
| 25 Oct 2019 | ₹0.036016 | 0.26% | ₹13.7580 | ₹13.7094 |
| 27 Sep 2019 | ₹0.036016 | 0.26% | ₹13.7440 | ₹13.6785 |
| 30 Aug 2019 | ₹0.036016 | 0.27% | ₹13.4534 | ₹13.4673 |
| 26 Jul 2019 | ₹0.036016 | 0.27% | ₹13.2492 | ₹13.2444 |
| 28 Jun 2019 | ₹0.036016 | 0.27% | ₹13.3377 | ₹13.2892 |
| 31 May 2019 | ₹0.036016 | 0.27% | ₹13.1212 | ₹13.1744 |
| 30 Apr 2019 | ₹0.036016 | 0.27% | ₹13.1069 | ₹13.0357 |
| 29 Mar 2019 | ₹0.036016 | 0.27% | ₹13.1644 | ₹13.1468 |
All 79 payouts since 28 Feb 2013.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
To provide the investors an opportunity to invest in an actively managed portfolio of multiple asset classes. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn't assure or guarantee any returns.
Asset allocation
- Equity and Equity related Instruments (including derivatives and equity ETFs*): 10%-80% (Medium to High risk);
- Debt and debt related instruments (including Central and State Government securities, debt derivatives and debt ETFs*) and Money market instruments: 10%-80% (Low to Medium risk);
- Gold related instruments^^/ Gold ETF*: 10%-80% (Medium to High risk);
- Units of REITs and InvITs and such other asset classes as SEBI may prescribe from time to time.: 0%-10% (Medium to High risk)
- Stated category
- Hybrid
- Benchmark
- 45% CRISIL 10 Year Gilt Index + 40% Nifty 50 + 15% Price of Gold
- Risk level at launch
- High
- New fund offer
- 9 Nov 2005 to 30 Nov 2005
- Units first allotted
- 21 Dec 2005
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹10,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 119843 | INF200K01TZ3 | SBI_MULT_ASSE_MSXKLQ | 19 Mar 2013 | |
| Regular Growth | 103408 | INF200K01800 | SBI_MULT_ASSE_1IXIH3Z | 3 Apr 2006 | |
| Direct IDCW | 119842 | INF200K01UC0 | INF200K01UD8 | SBI_MULT_ASSE_10SVDJE | 16 Jan 2013 |
| Regular IDCW | 103400 | INF200K01818 | INF200K01826 | SBI_MULT_ASSE_QXM69E | 3 Apr 2006 |
This fund
- Scheme information documentThe fund's objective, terms, costs and risks in full
Factsheet
- All SBIMF Schemes Factsheet September 2026SBI Mutual Fund, Sep 2026
Statement of additional information
- SAI SBI Mutual FundSBI Mutual Fund, Sep 2026
Annual report
- Scheme Annual Report 2025-26 (annual report 2025-26)SBI Mutual Fund, Mar 2026
- SBI GILT FUND (abridged annual report 2025-26)SBI Mutual Fund, Mar 2026
- SBI FIXED MATURITY PLAN (FMP)- SERIES 60 (abridged annual report 2025-26)SBI Mutual Fund, Mar 2026
- SBI LONG TERM ADVANTAGE FUND - SERIES III (abridged annual report 2025-26)SBI Mutual Fund, Mar 2026
Riskometer disclosure
- Disclosure On Changes In Riskometer Levels 2025-26SBI Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap Disclosure - September 2026SBI Mutual Fund, Sep 2026