- Mutual Funds
- SBI Mutual Fund
- SBI Multi Asset Allocation Fund (RIDCW-A)
Formerly SBI Magnum MIP Floater Reg Ann DR
SBI Multi Asset Allocation Fund (RIDCW-A)
₹ 25.3779
NAV (Sep 29)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 25.3779
NAV (Sep 29)
Fund Returns
Last 1Y | 17.5% |
Last 3Y | 14.1% |
Last 5Y | 11.6% |
Last 10Y | 8.9% |
Since Inception | 7.6% |
6 Month CAGR | 14.6% |
Scheme Information
To provide the investors an opportunity to invest in an actively managed portfolio of multiple asset classes.
Expense Ratio | 1.74 |
Launched (18y ago) | Dec 21, 2005 |
AUM in Crores | 1833.949 |
ISIN | INF200K01792 |
Lock-in | No Lock-in |
Benchmark | IISL Nifty 50 TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 6.7 |
Standard Deviation (5yr) | 8.1 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 1.309 |
Sharpe Ratio (5yr) | 0.782 |
YTM | 7.4 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| SBI Multi Asset Allocation Fund (RIDCW-A) | 9,74,500 | 2,41,888 | 11.6% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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.
Asset allocation and Holdings
Top Stock Holdings
Comparison with Hybrid Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 25,274 cr | ||
₹ 9,394 cr | ||
₹ 3,302 cr | ||
₹ 587 cr | ||
₹ 2,901 cr |
About the AMC
SBI Funds Management Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.4% | 6.5% | ||
28.2% | 17.5% | ||
23.2% | 11.8% | ||
33% | 15.8% | ||
4.7% | 6.9% |
SBI Multi Asset Allocation Fund (RIDCW-A) Review
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.
Frequently Asked Questions
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.