I've been looking for funds that offer some growth potential without the high volatility of pure equity funds, and I came across the SBI Balanced Advantage Fund (https://www.mysiponline.com/mutual-fund/sbi-balanced-advantage-fund/mso4066). It seems to offer an attractive blend of equity and debt, dynamically shifting according to market conditions. Given this flexibility, it feels safer for conservative investors like me who still want equity exposure but prefer less risk.
For those who have invested, how has your experience been with the returns and risk level of this fund? I'd love to know how it performs compared to traditional equity funds, especially during market downturns.
Recently, I started exploring balanced advantage funds for long-term growth and found SBI Balanced Advantage Fund highly recommended. This fund has the flexibility to shift its allocation between equity and debt, which could be helpful in navigating market cycles over time.
I am particularly interested in its potential for long-term wealth accumulation with balanced risk. For anyone who has held this fund for a few years, how has it performed? Has it met your expectations in terms of stability and returns? And do you believe it's a viable option for a 10-15 year investment horizon?