Formerly SBI Magnum MIP Floater Reg Ann DR
Multi asset allocation funds provides varying combinations of equity & debt and is suitable for investment objectives with duration specific to the fund category.
Multi Asset Allocation funds have exposure to at least 3 different asset classes.
This category has few funds and relatively small amounts invested in them.
Also each fund is unique in its investment strategy.It is better for investors to make the allocation to multiple asset classes themselves and choose the right funds in each asset class.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
The performance of the fund on a Fund Size metric has been Neutral
The performance of the fund on a Outperformance Consistency metric has been Satisfactory
NAV (Sep 29)
6 Month CAGR
To provide the investors an opportunity to invest in an actively managed portfolio of multiple asset classes.
Launched (18y ago)
Dec 21, 2005
AUM in Crores
IISL Nifty 50 TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|SBI Multi Asset Allocation Fund (RIDCW-A)||9,74,500||2,41,888||11.6%|
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
|Fund Name||Fund Size||Rolling Returns|
₹ 25,274 cr
₹ 9,394 cr
₹ 3,302 cr
₹ 587 cr
₹ 2,901 cr
SBI Funds Management Ltd
|Fund Name||Scripbox Opinion||Till Date CAGR|
SBI Multi Asset Allocation Fund (RIDCW-A) is a Multi Asset Allocation Hybrid fund and has delivered an annualised return of 7.6% over a period of 17 years. The fund was previously known as SBI Magnum MIP Floater Reg Ann DR. The fund is managed by SBI Funds Management Ltd. The fund managers are Dinesh Balachandran, Mohit Jain, Raj gandhi.
Nav of SBI Multi Asset Allocation Fund (RIDCW-A) as of 9/29/2023 is ₹25.38 with the total AUM as of 10/4/2023 is ₹1833.949. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Multi Asset Allocation Fund (RIDCW-A) was launched on Dec 21, 2005. The category risk of the fund is Very High Risk.
The minimum SIP amount for SBI Multi Asset Allocation Fund (RIDCW-A) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
What is SBI Multi Asset Allocation Fund (RIDCW-A)?
How to invest in SBI Multi Asset Allocation Fund (RIDCW-A)?
You can invest in SBI Multi Asset Allocation Fund (RIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of SBI Multi Asset Allocation Fund (RIDCW-A)?
The minimum sip amount for SBI Multi Asset Allocation Fund (RIDCW-A) is ₹1000. You can invest in multiples of ₹5000.
Is SBI Multi Asset Allocation Fund (RIDCW-A) good to invest in?
As per Scripbox experts, SBI Multi Asset Allocation Fund (RIDCW-A) is a Not Recommended fund. You can investSBI Multi Asset Allocation Fund (RIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the SBI Multi Asset Allocation Fund (RIDCW-A)?
The expense ratio of the SBI Multi Asset Allocation Fund (RIDCW-A) is 1.74% for regular plan.