In most inverter/converter applications SVPWM method is a preferred approach since it shows good characteristics in linear modulation range and waveform quality. In this paper, we propose a new carrier based SVPWM method for multi-level system, First, we survey the conventional carrier based SVPWM method, and investigate the problem of the conventional one for the multi-level system with the focus on the switching frequency harmonic flux trajectories. Finally, we propose a new carrier based SVPWM method that can reduce harmonic distortion. Simulation and experimental results are given for verification of the proposed SVPWM method.