SBI Balanced Advantage Fund NFO reviewed in detail. The SBI Balanced Advantage Fund NFO, a fund from SBI Mutual Fund, is open from 12th August 2021 to 25th August 2021. The scheme’s investment objective is to provide long-term capital growth by investing in equity and equity-related securities along with debt and fixed income instruments. The benchmark of the fund is CRISIL Hybrid 50+50 Moderate Index TRI and the fund managers are Mr. Gaurav Mehta and Mr. Dinesh Balachandran. The minimum application amount is Rs.5,000 and the additional investment amount is Rs.1,000.