SBI Retirement Benefit Fund Aggressive Direct Growth
Hybrid
Direct
Retirement
NAV as on 21-11-2024
₹ 20.51
▲0.4%
1D
Inception Returns
20.8%
/yr
About SBI Retirement Benefit Fund Aggressive Direct Growth
SBI Retirement Benefit Fund Aggressive Direct Growth is a hybrid fund. This fund was started on 17 February, 2021. The fund is managed by Mohit Jain, Dinesh Ahuja, Ardhendu Bhattacharya. This fund gives you the benefit of diversification.
Key Parameters
- SBI Retirement Benefit Fund Aggressive Direct Growth has ₹2715 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.8.
Returns
SBI Retirement Benefit Fund Aggressive Direct Growth has given a CAGR return of 20.76% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 22.45% and 15.40% respectively.
Holdings
SBI Retirement Benefit Fund Aggressive Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Financial Services, Industrial, Consumer Cyclical, Tech, Corporate, Energy, Basic Materials, Health, Utilities, Consumer Defensive.
Taxation
As it is a retirement mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of SBI Retirement Benefit Fund Aggressive Direct Growth
The investment objective of the scheme is to provide a comprehensive retirement saving solution that serves the variable needs of the investors through long term diversified investments in major asset classes. However, there can be no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. There is a lock in period for SBI Retirement Benefit Fund Aggressive Direct Growth of 5 Years
Historical NAV & Returns
SBI Retirement Benefit Fund Aggressive Direct Growth Overview
| Expense ratio | 0.82% |
Benchmark | BSE 500 TR INR |
| AUM | ₹2715 Cr |
| Inception Date | 17 February, 2021 |
| Min Lumpsum/SIP | ₹5000/₹500 |
| Exit Load | 0% |
| Lock In | 5 Years |
TurnOver | 13.25% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (21-Nov-24)
Fund Distribution
as on (31-Oct-24)
- AUM of the fund stands at 2.7K Cr as of Oct'24
- AUM decreased by 122.6 Cr between Oct'24 and Sep'24
Top 3 Sectors in October were Government, Financial Services & Industrial
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 8.48% | 0% | |
 ICICI Bank Ltd | 6.22% | 0% | |
 Reliance Industries Ltd | 5.77% | 0% | |
 Infosys Ltd | 5.03% | 0% | |
 Larsen & Toubro Ltd | 4.2% | 6.4% |
SBI Retirement Benefit Fund Aggressive Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹2715 Cr
Expense Ratio 0.82%
Frequently Asked Questions for SBI Retirement Benefit Fund Aggressive Direct Growth
SBI Retirement Benefit Fund Aggressive Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.05% | -5.05% |
6 Month Returns | 4.62% | 4.62% |
1 Year Returns | 22.45% | 22.45% |
3 Years Returns | 53.68% | 15.4% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |