Hybrid
Direct
Retirement
NAV as on 06-09-2024
₹ 13.9
1D
Inception Returns
9.6%
/yr
SBI Retirement Benefit Fund Conservative Direct Growth is a hybrid fund. This fund was started on 17 February, 2021. The fund is managed by Dinesh Ahuja, Ardhendu Bhattacharya, Mohit Jain. This fund gives you the benefit of diversification.
SBI Retirement Benefit Fund Conservative Direct Growth has given a CAGR return of 9.64% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 12.53% and 9.16% respectively.
SBI Retirement Benefit Fund Conservative Direct Growth has allocated its funds majorly in Government, Corporate, Financial Services, Industrial, Consumer Cyclical, Tech, Energy, Basic Materials, Health, Cash Equivalent, Utilities, Consumer Defensive.
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).
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 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
Expense ratio | 0.92% |
Benchmark | CRISIL Hybrid 85+15 - ConservativeTR INR |
AUM | ₹178 Cr |
Inception Date | 17 February, 2021 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0% |
Lock In | 5 Years |
TurnOver | 329.18% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderately High risk |
as on (06-Sep-24)
as on (31-Jul-24)
Top 3 Sectors in July were Government, Financial Services & Corporate
SBI Retirement Benefit Fund Conservative Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.36% | 1.36% |
6 Month Returns | 6.5% | 6.5% |
1 Year Returns | 12.53% | 12.53% |
3 Years Returns | 30.07% | 9.16% |
5 Years Returns | 0% | 0% |
AAA | 88.96 |
AA | 11.04 |