Q: What are the returns of this mutual fund scheme?

The SBI Multi Asset Allocation Fund Direct-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 12.74% since inception. SBI Multi Asset Allocation Fund Direct-Growth Returns 1-Year 3-Year 5-Year 10-Year Since Inception 19.94% 20.04% 15.69% 12.86% 12.74%

Question 1

What is the current NAV of SBI Multi Asset Allocation Fund Direct-Growth?

Accepted Answer

The current Net Asset Value (NAV) of the SBI Multi Asset Allocation Fund - Direct Growth plan is approximately ₹72.8414 as of Feb 02, 2026.

Question 2

What are the returns of this mutual fund scheme?

Accepted Answer

The SBI Multi Asset Allocation Fund Direct-Growth is a 13 yrs 1 m old fund and has delivered average annual returns of 12.74% since inception.

SBI Multi Asset Allocation Fund Direct-Growth Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
19.94%	20.04%	15.69%	12.86%	12.74%

Question 3

How much does this mutual fund charge as expense ratio?

Accepted Answer

The SBI Multi Asset Allocation Fund - Direct Growth has an expense ratio of 0.58%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

Question 4

What is the AUM or fund size of this mutual fund?

Accepted Answer

The SBI Multi Asset Allocation Fund currently has assets under management (AUM) or fund size valued at approximately 13,033 Cr as on Dec 31, 2025.

Question 5

What are the top stock holdings of SBI Multi Asset Allocation Fund?

Accepted Answer

The SBI Multi Asset Allocation Fund's equity portion has been invested in the stocks of the following companies

Company	Percentage of Portfolio
Reliance Industries Ltd.	2.07%
HDFC Bank Ltd.	2.02%
PB Fintech Ltd.	1.71%
The Federal Bank Ltd.	1.33%
Privi Speciality Chemicals Ltd.	1.32%
Bandhan Bank Ltd.	1.29%
Indian Oil Corporation Ltd.	1.28%
Gokaldas Exports Ltd.	1.24%
Punjab National Bank	1.23%
ITC Ltd.	1.18%

Question 6

What are the top sectors SBI Multi Asset Allocation Fund has invested in?

Accepted Answer

The SBI Multi Asset Allocation Fund's equity portion is primarily invested in the following sectors -

Company	Percentage of Portfolio
Reliance Industries Ltd.	2.07%
HDFC Bank Ltd.	2.02%
PB Fintech Ltd.	1.71%
The Federal Bank Ltd.	1.33%
Privi Speciality Chemicals Ltd.	1.32%
Bandhan Bank Ltd.	1.29%
Indian Oil Corporation Ltd.	1.28%
Gokaldas Exports Ltd.	1.24%
Punjab National Bank	1.23%
ITC Ltd.	1.18%

Question 7

To whom does SBI Multi Asset Allocation Fund lend to?

Accepted Answer

The top 3 debt holdings of SBI Multi Asset Allocation Fund are as follows

Holding Name	Percentage of Portfolio
GOI	7.65%
JTPM Metal Traders Ltd.	1.98%
Cholamandalam Investment and Finance Company Ltd.	1.57%

Question 8

What is the quality of borrowers this mutual fund scheme lends to?

Accepted Answer

The credit rating of the instruments in which the fund invests represents the quality of the borrower. The SBI Multi Asset Allocation Fund's debt portion's allocation by credit quality is given below

Holding Name	Percentage of Portfolio
GOI	7.65%
JTPM Metal Traders Ltd.	1.98%
Cholamandalam Investment and Finance Company Ltd.	1.57%

Question 9

What is risk level of SBI Multi Asset Allocation Fund?

Accepted Answer

This is a Multi Asset Allocation fund comes with Very High risk.

Question 10

Is there any lock-in period in this mutual fund?

Accepted Answer

No, this fund does not have any lock-in period.

Question 11

How do I invest in SBI Multi Asset Allocation Fund Direct-Growth?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for SBI Multi Asset Allocation Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the SBI Multi Asset Allocation Fund is complete.

Question 12

How can I redeem my investments in SBI Multi Asset Allocation Fund?

Accepted Answer

Redeeming your investments in the SBI Multi Asset Allocation Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

Expense ratio	0.58% as on Feb 02, 2026
Exit load	1.0% For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months!
AUM (Fund size)	₹13,033 Cr
Lock-in Period	Nil
Age	13 yrs 1 m since Jan 01, 2013
Benchmark	NA
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Risk	Very High

Period	This fund	Category average
1 Month	-0.48%	-1.22%
3 Months	3.86%	2.21%
6 Months	10.9%	8.07%
1 Year	19.94%	16.73%
2 Years	15.74%	14.77%
3 Years	20.04%	17.28%
4 Years	16.15%	14.12%
5 Years	15.69%	14.57%
7 Years	14.97%	14.12%
10 Years	12.86%	12.85%

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Multi Asset Allocation Fund	-0.48%	10.9%	19.94%	20.04%	15.69%	12.86%
ICICI Prudential Multi Asset Fund	-2.19%	7.57%	14.7%	19.7%	20.95%	17.82%
Nippon India Multi Asset Allocation Fund	-0.58%	11.43%	22.85%	21.84%	17.77%	10.04%
ICICI Prudential Dynamic Asset Allocation Active FoF	-2.04%	2.44%	9.92%	14.27%	13.42%	13.72%
Kotak Multi Asset Omni FoF	-2.27%	8.93%	16.46%	19.42%	18.74%	16.5%

Fund name	Std. deviation	Beta	Sharpe	Sortino
SBI Multi Asset Allocation Fund	6.48	0.69	2.04	3.28
ICICI Prudential Multi Asset Fund	6.64	0.7	1.93	2.93
Nippon India Multi Asset Allocation Fund	7.42	0.81	2.08	2.94
ICICI Prudential Dynamic Asset Allocation Active FoF	5.33	0.54	1.44	2.05
Kotak Multi Asset Omni FoF	7.92	0.89	1.75	2.12

Fund name	ETM Rank	AUM	Fund age	Expense ratio
SBI Multi Asset Allocation Fund	N.A.	13,033 Cr	13 yrs 1 m	0.58%
ICICI Prudential Multi Asset Fund	N.A.	78,179 Cr	13 yrs 1 m	0.65%
Nippon India Multi Asset Allocation Fund	N.A.	10,661 Cr	5 yrs 5 m	0.26%
ICICI Prudential Dynamic Asset Allocation Active FoF	N.A.	29,170 Cr	13 yrs 1 m	0.25%
Kotak Multi Asset Omni FoF	N.A.	2,255 Cr	13 yrs 1 m	0.39%

SBI Multi Asset Allocation Fund Direct-Growth

Historical NAV & returns

SBI Multi Asset Allocation Fund overview

SBI Multi Asset Allocation Fund Returns calculator

Trailing returns as on Feb 03, 2026

Asset allocationas on Dec 31, 2025

Peer comparison

Key risk & return ratios Compared to other funds in the category

About this fund

About SBI Multi Asset Allocation Fund

Fund managers

Investment objective

SBI Mutual Fund details

More funds from SBI Mutual Fund

Frequently asked questions

SBI Multi Asset Allocation Fund Direct-Growth Returns

ET Money rank

Alpha	6.7 vs. 3.5 Higher outperformance against benchmark
Sharpe	2.04 vs. 4.09 Poor risk-adjusted returns
Beta	0.69 vs. 0.67 More sensitive to market's ups & downs
Standard deviation	6.48 vs. 3.29 More volatile performance

Fund AUM	13,033 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

No. of schemes	72 view all schemes
Total AUM	12,63,745 Cr as on Dec 31, 2025
Address	9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai, 400051
Phone	022-61793000 / 1800-425-5425

Fund name	ETM Rank	AUM	1Y	5Y
SBI Retirement Benefit Fund - Aggressive Hybrid Plan	N.A.	1,697 Cr	7.02%	14.39%
SBI Equity Hybrid Fund	N.A.	82,847 Cr	9.41%	12.58%
SBI Balanced Advantage Fund	N.A.	39,914 Cr	10.38%	N.A.
SBI Equity Savings Fund	N.A.	5,919 Cr	7.69%	9.66%
SBI Conservative Hybrid Fund	N.A.	9,851 Cr	6.77%	9.63%

Sector	Percentage of Portfolio
Financial	11.190000000000001%
Services	6.07%
Energy	5.42%
Consumer Staples	3.25%
Technology	3.2099999999999995%
Chemicals	1.9200000000000002%
Construction	1.3499999999999999%
Textiles	1.24%
Healthcare	1.07%
Consumer Discretionary	0.99%

Credit Quality	Percentage of Portfolio
Cash & Call Money	8.42461676%
SOV	8.02625507%
AA	7.39441932%