SBI Retirement Benefit Fund is an open-ended Retirement benefit scheme. The scheme has lock-in of 5 years or till retirement age, which ever is earlier.
Investment Objectives
The 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.
Four types of plan launched under this scheme
1. SBI Retirement Benefit Fund- Aggressive Plan.
2. SBI Retirement Benefit Fund- Aggressive Hybrid Plan.
3. SBI Retirement Benefit Fund- Conservative Hybrid Plan.
4. SBI Retirement Benefit Fund- Conservative Plan.
Who should invest into which plan?
- Investor's who are looking for long term capital appreciation and investment in predominantly in equity and equity related instruments should invest in SBI Retirement Benefit Fund- Aggressive Plan.
- Investors who are looking for long term capital appreciation, investment predominantly in equity and equity related instruments, and balance in debt and money market instruments should invest in SBI Retirement Benefit Fund- Aggressive Hybrid Plan.
- Investors who are looking for long term capital appreciation, investment predominantly in debt and money market instruments and balance in equity and equity related instruments should invest in SBI Retirement Benefit fund- Conservative Hybrid Plan.
- Investors who are looking for long term capital appreciation, investment predominantly in debt and capital market instruments, and remaining equity and equity and equity related instruments should invest in SBI Retirement Benefit Fund- Conservative Plan.
Riskometer
- SBI Retirement Benefit Fund- Aggressive Plan
- SBI Retirement Benefit Fund- Aggressive Hybrid Plan
- SBI Retirement Benefit Fund- Conservative Hybrid plan
- SBI Retirement Benefit Fund- Conservative Plan.
Asset Allocation
The asset allocation for each plan of the scheme, under normal conditions, shall be as follows.
Aggressive Pan:
- Allocation in Equity and Equity related instruments including equity ETFs, derivatives and foreign securities minimum 80% and maximum 100%, risk ratio High.
- Allocation in Debt Securities including debt ETFs, securitized debt including debt derivatives and money marketing instruments minimum 0% and maximum 20%, risk ratio Low to Moderate.
- Allocation in Unit issued by REIT and InvITs minimum 0% and maximum 10%, risk ratio Medium to High, and commodities including gold and gold rated instruments including Gold ETFs minimum 0% and maximum 20%, risk ratio Medium to High.
The scheme may seek investments opportunities in foreign securities including ADR/GDR/Foreign equity and overseas ETFs/ETNs and debt securities subject to Regulations. Such investment may not to exceed 35% f the net assets of the scheme.
Aggressive Hybrid Plan
- Equity and equity-related instruments, including equity ETFs, derivatives, and foreign securities, will have a minimum allocation of 65% to 80%, with a risk ratio of high, whereas debt securities, including debt EFTs, securitized debt, including debt derivatives, and money market instruments, will have a minimum allocation of 0% to 35%, with a risk ratio of low to moderate.
- Unit issued by REITs and InvITs will have a minimum allocation of 0% to 10%, with risk ratio of Medium to High, whereas commodities including gold and gold related instruments including Gold ETFs, will have a minimum allocation of 0% to 20%, risk ratio of Medium to High.
The scheme may seek investment opportunities in foreign securities including ADR/GDR/Foreign equity and overseas ETF/ETN and debt securities subject to Regulations. Such investment may not exceed 15% of the net assets of the scheme.
Conservative Hybrid Plan
- Equity and equity-related instruments, including equity ETFs, derivatives, and foreign securities, will have a minimum allocation of 10% to 40%, with a risk ratio of high, whereas debt securities, including debt EFTs, securitized debt, including debt derivatives, and money market instruments, will have a minimum allocation of 60% to 90%, with a risk ratio of low to moderate.
- Unit issued by REITs and InvITs will have a minimum allocation of 0% to 10%, with risk ratio of Medium to High, whereas commodities including gold and gold related instruments including Gold ETFs, will have a minimum allocation of 0% to 20%, risk ratio of Medium to High.
The scheme may seek investment opportunities in foreign securities including ADR/GDR/Foreign equity and overseas ETF/ETN and debt securities subject to Regulations. Such investment may not exceed 15% of the net assets of the scheme.
Conservative Plan
- Equity and equity-related instruments, including equity ETFs, derivatives, and foreign securities, will have a minimum allocation of 0% to 20%, with a risk ratio of high, whereas debt securities, including debt EFTs, securitized debt, including debt derivatives, and money market instruments, will have a minimum allocation of 80% to 100%, with a risk ratio of low to moderate.
- Unit issued by REITs and InvITs will have a minimum allocation of 0% to 10%, with risk ratio of Medium to High, whereas commodities including gold and gold related instruments including Gold ETFs, will have a minimum allocation of 0% to 20%, risk ratio of Medium to High.
The scheme may seek investment opportunities in foreign securities including ADR/GDR/Foreign equity and overseas ETF/ETN and debt securities subject to Regulations. Such investment may not exceed 10% of the net assets of the scheme.
Benchmark Index
Each plan will have different benchmark.
|
Plans |
Benchmark |
|
Aggressive |
BSE 500 |
|
Aggressive Hybrid |
CRISIL Hybrid 35+60 –Aggressive Index |
|
Conservative Hybrid |
CRISIL Hybrid 65+35 –Conservative Index |
|
Conservative |
Nifty Composite Debt Index |
Minimum Investment
- The initial lump sum investment is 5000/-Rs., and subsequent investments are made in multiples of 1/-Rs.SIP investments start at 1000/-Rs. And increase in multiples of 1/-Rs.
Load Structure
- Entry Load- Not Applicable
- Exit Load- Redemption done before the lock in period then investors has to pay 1% of nav value.
Fund Manager
- Mr. Gaurav Mehta. (PGBM, IIM Lucknow, B.tech., IIT Bombay, CA, CPA)
Corporate Office, Trustee Company, Asset Management Company Address.
SBI Mutual fund, 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla, Complex, Bandra (East), Mumbai- 400051.
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