SBI Multi Asset Allocation Fund

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

The SBI Multi Asset Allocation Fund is a 20 yrs 2 m old fund and has delivered average annual returns of 9.78% since inception. SBI Multi Asset Allocation Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 18.95% 18.98% 14.67% 11.85% 9.78%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹65.3948-2.23% 1 day change	9.78% p.a.	App exclusive #NA View Ranked Funds	₹13,033 Cr

Historical NAV & returns

NAV: ₹65.3948 as on Feb 02, 2026

This fund Category average

SBI Multi Asset Allocation Fund overview

AUM (Fund size)	₹13,033 Cr
Exit load	1.0% For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months!
Lock-in Period	Nil
Age	20 yrs 2 m since Nov 09, 2005
Benchmark	NA
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	1.38% as on Feb 02, 2026
Plan type	Regular
Risk	Very High

SBI Multi Asset Allocation Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

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. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-0.54%	-1.28%
3 Months	3.65%	1.97%
6 Months	10.45%	7.46%
1 Year	18.95%	15.15%
2 Years	14.72%	13.29%
3 Years	18.98%	15.9%
4 Years	15.11%	12.77%
5 Years	14.67%	13.29%
7 Years	14.06%	12.96%
10 Years	11.85%	11.88%

Asset allocationas on Dec 31, 2025

Large Cap 16.92%

Mid Cap 9.83%

Small Cap 13%

Other Cap 0%

Top holdings

Reliance Industries Ltd.2.07%

HDFC Bank Ltd.2.02%

PB Fintech Ltd.1.71%

The Federal Bank Ltd.1.33%

Top sectors

Financial 11.190000000000001%

Services 6.07%

Energy 5.42%

Consumer Staples 3.25%

Cash & Call Money 8.42461676%

SOV 8.02625507%

AA 7.39441932%

AA+ 7.06153406%

Top Debt Holdings

GOI 7.65%

JTPM Metal Traders Ltd. 1.98%

Cholamandalam Investment and Finance Company Ltd. 1.57%

Tata Power Renewable Energy Ltd. 1.57%

Allocation by Instruments

Debenture 12.64763334%

Mutual Fund 10.621452360000001%

Repo 8.4265851%

GOI Securities 7.647432179999999%

Other Holdings

Others 8.43%

SBI Silver ETF-Growth 7.38%

Brookfield India Real Estate Trust REIT 3.86%

SBI Gold ETF 3.25%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Multi Asset Allocation Fund	-0.54%	10.45%	18.95%	18.98%	14.67%	11.85%
Kotak Multi Asset Omni FoF	-2.32%	8.57%	15.67%	18.57%	17.86%	15.67%
ICICI Prudential Multi Asset Fund	-2.24%	7.19%	13.88%	18.83%	20.12%	16.92%
ICICI Prudential Dynamic Asset Allocation Active FoF	-2.12%	1.91%	8.8%	13.07%	12.16%	12.75%
Nippon India Multi Asset Allocation Fund	-0.67%	10.8%	21.44%	20.35%	16.22%	9.24%

Fund name	Std. deviation	Beta	Sharpe	Sortino
SBI Multi Asset Allocation Fund	6.48	0.69	1.9	3.06
Kotak Multi Asset Omni FoF	7.92	0.88	1.66	2.01
ICICI Prudential Multi Asset Fund	6.64	0.7	1.82	2.76
ICICI Prudential Dynamic Asset Allocation Active FoF	5.32	0.54	1.25	1.78
Nippon India Multi Asset Allocation Fund	7.41	0.81	1.91	2.71

Fund name	ETM Rank	AUM	Fund age	Expense ratio
SBI Multi Asset Allocation Fund	N.A.	13,033 Cr	20 yrs 2 m	1.38%
Kotak Multi Asset Omni FoF	N.A.	2,255 Cr	21 yrs 7 m	1.07%
ICICI Prudential Multi Asset Fund	N.A.	78,179 Cr	23 yrs 3 m	1.32%
ICICI Prudential Dynamic Asset Allocation Active FoF	N.A.	29,170 Cr	22 yrs 2 m	1.3%
Nippon India Multi Asset Allocation Fund	N.A.	10,661 Cr	5 yrs 5 m	1.36%

View all Multi Asset Allocation funds

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

Alpha	5.8 vs. 3.26 Higher outperformance against benchmark
Sharpe	1.9 vs. 3.36 Poor risk-adjusted returns
Beta	0.69 vs. 0.66 More sensitive to market's ups & downs
Standard deviation	6.48 vs. 3.42 More volatile performance

Compare SBI Multi Asset Allocation Fund in detail with

About this fund

About SBI Multi Asset Allocation Fund

SBI Multi Asset Allocation Fund is a Multi Asset Allocation mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 20 yrs 2 m, having been launched on 09/11/2005. SBI Multi Asset Allocation Fund has ₹13,033 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of SBI Multi Asset Allocation Fund as of 02/02/2026 is ₹65.39. The fund has an expense ratio of 1.38%, which is higher than what most other Multi Asset Allocation funds charge. Currently, the fund has a 39.75% allocation to equity and 35.36% to Debt.

SBI Multi Asset Allocation Fund returns of last 1-year are 18.69%. Since launch, it has delivered 9.78% average annual returns. The fund has doubled the money invested in it every 5 yrs.
SBI Multi Asset Allocation Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is high.
The fund's equity portion is primarily invested in Financial, Unclassified, Construction, Services, Energy sectors. It has taken less exposure in Financial, Unclassified sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in GOI, SBI Silver ETF-Growth, Brookfield India Real Estate Trust REIT, SBI Gold ETF, Reliance Industries Ltd..

...

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

Fund managers

Dinesh Balachandran

Mr.Dinesh is a B.Tech from IIT-B, M.S. from MIT USA and CFA. Prior to joining SBI Funds Management Pvt. Ltd. he has worked with Fidelity Investments, USA.

Mansi Sajeja

Ms. Sajeja is a CFA and has done Post Graduate Diploma in Business Management. Prior to joining SBIFMPL, she was Rating Analyst at ICRA Limited.

Vandna Soni

Ms. Soni has done MBA Prior to joining SBI MF, she was working with SBICAP Sec. Ltd. ,Antique Stock Broking and CRISIL GR&A

Investment objective

The scheme seeks to provide the investors an opportunity to invest in an actively managed portfolio of multiple asset classes.

SBI Mutual Fund details

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

More funds from SBI Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
SBI Retirement Benefit Fund - Aggressive Hybrid Plan	N.A.	1,697 Cr	5.95%	13.09%
SBI Equity Hybrid Fund	N.A.	82,847 Cr	8.7%	11.81%
SBI Balanced Advantage Fund	N.A.	39,914 Cr	9.46%	N.A.
SBI Conservative Hybrid Fund	N.A.	9,851 Cr	6.26%	9.06%
SBI Equity Savings Fund	N.A.	5,919 Cr	7.1%	9.06%

See all Hybrid funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the SBI Multi Asset Allocation Fund plan is approximately ₹65.3948 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The SBI Multi Asset Allocation Fund is a 20 yrs 2 m old fund and has delivered average annual returns of 9.78% since inception.

SBI Multi Asset Allocation Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
18.95%	18.98%	14.67%	11.85%	9.78%

How much does this mutual fund charge as expense ratio?

The SBI Multi Asset Allocation Fund has an expense ratio of 1.38%, 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.

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

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.

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

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%

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

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

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%

To whom does SBI Multi Asset Allocation Fund lend to?

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%

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

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

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

What is risk level of SBI Multi Asset Allocation Fund?

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

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

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

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

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.

ET Money rank

App exclusive

in Multi Asset Allocation

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Chance: This fund has generated a 8.38% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.
Exit Load: For units in excess of 10% of the investment, 1% will be charged for redemption within 12 months