InvestorQ : What are Your views on SBIMFs NFO as Balance Advantage Fund?
varsha Motwani made post

What are Your views on SBIMFs NFO as Balance Advantage Fund?

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Ira Shah answered.
12 months ago
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SBI Balanced Advantage Fund is a New Fund Offer from the dynamic asset allocation-based mutual fund category that aims to provide long-term capital appreciation/income from a dynamic mix of equity and debt investment.

 Since NFOs do not have a history of performance, they cannot be evaluated for investments. However, there are already good schemes available in the dynamic asset allocation category. For example, ICICI Prudential Balanced Advantage Fund has consistently generated good returns in the long run. However, past performance is not guaranteed. An NFO can be considered only if it is an entirely unique theme and a comparable investment option is not available within the category.

However, it is very important for the investors to undergo a comprehensive risk profiling exercise and invest according to their risk appetite, investment horizon and long-term realistic financial goals of life as the risk grade of the scheme is "Moderately High".
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