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Aggressive And Conservative Plans Of This Retirement Fund Is Good For Investment, Learn More

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Investment
oi-Shubham Kumar

| Published: Monday, April 25, 2022, 11:31 [IST]

Establishing a habit of putting money away for retirement is crucial. Starting a SIP in a retirement mutual fund could be a good way to put money for your retirement age and fulfil retirement savings. Here, we have given two schemes or plans for a Retirement Fund launched by the SBI Mutual Fund. This retirement fund was launched on 10 February 2021. As the fund is a retirement fund, it has 5 year lock-in period. Check out other details including returns.

SBI Retirement Benefits Fund – Aggressive Hybrid Plan – Direct Plan-Growth

This Aggressive hybrid plan is an open-ended scheme. The AUM or Asset Under Management is Rs 650.9. The fund NAV or Net Asset value as of 22nd April 2022 is Rs 12.5692. The scheme has an expense ratio of 1.17%, which is higher than its category average expense ratio. Currently, the fund has a 76.64% allocation to equity and 13.98% to Debt.

It is a medium-sized fund of its category. This scheme is highly risky for investment. It required a minimum of Rs 5000 for lump-sum investment whereas, for SIP, it is Rs 500. Since its launch, it has delivered 21.10% average annual returns.

SBI Retirement Benefits Fund – Conservative Hybrid Plan – Direct Plan-Growth

This conservative Hybrid Plan is an open-ended scheme. This scheme has an AUM of Rs 185.13 crore. Tha NAV declared on 22nd April 2022 is Rs 11.3386. The scheme has an expense ratio of 0.95%, which is slightly higher than its category average. Currently, the fund has a 39.57% allocation to equity and 54.51% to Debt.

It is also a medium size fund of its category. However, on risk level, it is ranked high risk but it is not a highly risky fund compared to an aggressive hybrid plan. The minimum lump-sum investment amount required in this scheme is Rs 5000. For SIP, it is Rs 500. Since its launch, it has delivered 11.09% average annual returns.

Annualised Returns

Tenure Aggressive Hybrid Plan Conservative Hybrid Plan
1-Year 24.11% 11.49%
Since Inception 21.10% 11.09%

Disclaimers

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn’t guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.

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Story first published: Monday, April 25, 2022, 11:31 [IST]