SBI Retirement Benefit Fund Conservative Direct Growth
Hybrid
Direct
Retirement
NAV as on 24-12-2024
₹ 13.99
Inception Returns
9%
/yr
About SBI Retirement Benefit Fund Conservative Direct Growth
SBI Retirement Benefit Fund Conservative Direct Growth is a hybrid fund. This fund was started on 17 February, 2021. The fund is managed by Ardhendu Bhattacharya. This fund gives you the benefit of diversification.
Key Parameters
- SBI Retirement Benefit Fund Conservative Direct Growth has ₹179 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
SBI Retirement Benefit Fund Conservative Direct Growth has given a CAGR return of 9.02% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 10.02% and 9.06% respectively.
Holdings
SBI Retirement Benefit Fund Conservative Direct Growth has allocated its funds majorly in Government, Corporate, Financial Services, Industrial, Consumer Cyclical, Tech, Cash Equivalent, Basic Materials, Energy, Health, Utilities, Real Estate, 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 Conservative 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 Conservative Direct Growth of 5 Years
Historical NAV & Returns
SBI Retirement Benefit Fund Conservative Direct Growth Overview
| Expense ratio | 0.92% |
Benchmark | CRISIL Hybrid 85+15 - ConservativeTR INR |
| AUM | ₹179 Cr |
| Inception Date | 17 February, 2021 |
| Min Lumpsum/SIP | ₹5000/₹500 |
| Exit Load | 0% |
| Lock In | 5 Years |
TurnOver | 329.18% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderately High risk |
Trailing Returns
as on (24-Dec-24)
Fund Distribution
as on (30-Nov-24)
- AUM of the fund stands at 177.8 Cr as of Nov'24
- AUM increased by 0.6 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Government, Corporate & Financial Services
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 1.75% | 0% | |
 ICICI Bank Ltd | 1.23% | 0% | |
 Infosys Ltd | 1.12% | 0% | |
 Reliance Industries Ltd | 1.07% | 0% | |
 Larsen & Toubro Ltd | 0.8% | 0% |
SBI Retirement Benefit Fund Conservative Direct Growth Highlights
Moderately High risk
About the fund
Fund Allocations
AUM size ₹179 Cr
Expense Ratio 0.92%
Frequently Asked Questions for SBI Retirement Benefit Fund Conservative Direct Growth
SBI Retirement Benefit Fund Conservative Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.34% | 0.34% |
6 Month Returns | 2.75% | 2.75% |
1 Year Returns | 10.02% | 10.02% |
3 Years Returns | 29.7% | 9.06% |
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 | 85.3 |
AA | 14.7 |