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If you invested ₹one lakh in SBI Contra Fund, the investment would have grown to ₹1.45 lakh in one year. In three years, an investment of ₹one lakh would have swelled to ₹2.35 lakh. ....
Balanced advantage funds, which dynamically shift between debt and equity based on market conditions, are cautious in the short term due to high valuations and have hedged positions. ....
The asset manager, which manages assets worth more than Rs 5 lakh crore, is concerned over the prospects of returns from the Indian equities going ahead, because of the euphoria on display in the primary market and among retail investors. ....
SBI Balanced Advantage Fund, launched on August 11, seeks to generate long-term appreciation by aiming to capture the potential upside and limit the downside in volatile equity markets ....