Strik­ing the Right Bal­ance

SBI Mag­num Bal­anced Fund (Growth)

The Economic Times - - Smart - PORT­FO­LIO CHANGE

With mar­kets record­ing new peak al­most every day, there is a great deal of cau­tion among re­tail in­vestors. Some are wor­ried about an im­mi­nent fall while there are many who be­lieve that strong liq­uid­ity in mar­kets may ar­rest any fall. For those who are wor­ried, in­vest­ment in bal­anced schemes are a good op­tion. Bal­anced schemes pro­vide rea­son­ably good ex­po­sure to eq­ui­ties and debt. Among bal­anced schemes, SBI Bal­anced Fund has given en­cour­ag­ing per­for­mance in the past three-year and five-year pe­ri­ods in com­par­i­son with its peers and bench­mark in­dex.

The scheme has given 14.7% and 19.2% re­turns in the past three-year and five-year pe­riod, re­spec­tively, while its peers have given 14% and 16.6% re­turns in the same pe­riod. On the eq­uity side, the scheme has healthy ex­po­sure to large cap and mid-cap com­pa­nies . On the debt side, the scheme has good ex­po­sure to gov­ern­ment and AAA-rated se­cu­ri­ties. Long-term in­vestors can con­sider in­vest­ing in the scheme with a time hori­zon of least three years.

In the past six months, the scheme has in­vested in di­ver­si­fied large and mid-sized com­pa­nies which have rea­son­ably good earn­ings’ growth. A few of these prom­i­nent com­pa­nies are All­cargo Logistics, Apollo Hos­pi­tals En­ter­prise, Col­gate-Pal­mo­live (In­dia), Gil­lette In­dia, ICICI Bank, IRB In­fras­truc­ture De­vel­op­ers and Ther­max. AIA En­gi­neer­ing (PAST 6 MONTHS)

New En­trants Com­plete Ex­its

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