Scheme Objective
The investment objective of the scheme is to provide long term capital appreciation / income from a dynamic mix of equity and debt investments.
Scheme Details
- Fund manager(s) – Gaurav Mehta , Dinesh Ahuja , Dinesh Balachandran , Mohit Jain
- Launch date – 31-Aug-2021
- Expense ratio – 0% as declared on 23-Sep-2021 (category average is 0%)
- Benchmark - Nifty 50
- Min SIP amount - ₹ 500
- Min investment amount (one time- first time) - ₹ 5000
- Min investment amount (addtional purchase) - ₹500
- Type : Open Ended Fund. You can invest any time in this fund.
Exit Load
SBI Balanced Advantage Fund - Direct Plan - Growth charges 1.0% of sell value; if fund sold before 365 days. There are no other charges.
Tax Rate
If sold after 3 years from purchase date, long term capital gain tax will be applicable. Current tax rate is the lower of (a) 10% of profit or (b) 20% of profit adjusted after indexation benefits. Any cess/surcharge is not included.|If sold before 3 years from purchase date, short term capital gain tax will be applicable. Any profit will be clubbed with your income and taxed at your effective tax rate.
Contact Details
Madhab Digital Seva
MF Investment Group
Kampur Bus Syndicate, Kampur Town, Nagaon Assam, Pin 782426Tel no.: 9954952328
