SBI Retirement Benefit Fund - Aggressive Plan Direct Payout of Income Dist cum cap wdrl

SBI Retirement Benefit Fund - Aggressive Plan Direct Payout of Income Dist cum cap wdrl

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Hybrid
Direct
Retirement
NAV: ₹ 20.58 as on 12-06-2024

About the Fund

SBI Retirement Benefit Fund - Aggressive Plan Direct Payout of Income Dist cum cap wdrl is a hybrid fund. This fund was started on 17 February, 2021. The fund is managed by Ardhendu Bhattacharya, Mohit Jain, Dinesh Ahuja. This fund gives you the benefit of diversification.

Key Parameters

  1. SBI Retirement Benefit Fund - Aggressive Plan Direct Payout of Income Dist cum cap wdrl has ₹2414 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 0.8.

Returns

SBI Retirement Benefit Fund - Aggressive Plan Direct Payout of Income Dist cum cap wdrl has given a CAGR return of 23.60% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 32.62% and 22.36% respectively.

Holdings

SBI Retirement Benefit Fund - Aggressive Plan Direct Payout of Income Dist cum cap wdrl has allocated its funds majorly in Government, Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Basic Materials, Health, Energy, Utilities.

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 benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of SBI Retirement Benefit Fund - Aggressive Plan Direct Payout of Income Dist cum cap wdrl

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 Plan Direct Payout of Income Dist cum cap wdrl of 5 Years

Fund Performance
zero opening, trading, fund transfer fee
21 people have invested ₹ 28K in SBI Retirement Benefit Fund - Aggressive Plan Direct Payout of Income Dist cum cap wdrl in the last three months

Overview

Expense ratio
Expense ratio
0.83%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹2414 Cr
Inception Date
Inception Date
17 February, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
5 Years
TurnOver
TurnOver
6%

SBI Retirement Benefit Fund - Aggressive Plan Direct Payout of Income Dist cum cap wdrl Distribution as on (30-Apr-24)

  • Equity 94.9%

  • Debt & Cash 5.1%

Size breakup

Large cap
56.8%
Mid cap
26.7%
Small cap
11.3%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
30.1%
Consumer Cyclical
23%
Industrial
21.1%
Tech
6.9%
Basic Materials
6.6%
Health
4.6%
Energy
4%
Utilities
2%
Real Estate
1.6%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 2.3K Cr
₹ 2.2K Cr
₹ 2.2K Cr
  • AUM of the fund stands at 2.3K Cr as of Apr'24
  • AUM increased by 106.4 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of SBI Retirement Benefit Fund - Aggressive Plan Direct Payout of Income Dist cum cap wdrl as on (31-May-24)

  • Equity

  • Debt & Cash

Equity Holdings41
Debt Holdings4

Fund Manager

Ardhendu Bhattacharya
Ardhendu Bhattacharya
Fund Manager of SBI Retirement Benefit Fund - Aggressive Plan Direct Payout of Income Dist cum cap wdrl, since 1 July 2021
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
SBI Floating Rate Debt Fund Direct Growth
6.13%
5.34%
Mohit Jain
Mohit Jain
Fund Manager of SBI Retirement Benefit Fund - Aggressive Plan Direct Payout of Income Dist cum cap wdrl, since 31 October 2021
Dinesh Ahuja
Dinesh Ahuja
Fund Manager of SBI Retirement Benefit Fund - Aggressive Plan Direct Payout of Income Dist cum cap wdrl, since 17 February 2021

SBI Retirement Benefit Fund - Aggressive Plan Direct Payout of Income Dist cum cap wdrl Highlights

Risk meter
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Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 23.6% since inception which is more than its category average return of 11.64%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.87% in Equity, 3.54% in Debt and 1.6% in Cash related instruments
AUM size ₹2414 Cr

AUM size ₹2414 Cr

This fund has AUM of ₹2414 Cr which is more than its category average of ₹ 714 Cr
Expense Ratio 0.83%

Expense Ratio 0.83%

This fund has an expense ratio of 0.83% which is less than its category average expense ratio of 1.52%

Frequently Asked Questions

The current NAV of SBI Retirement Benefit Fund - Aggressive Plan Direct Payout of Income Dist cum cap wdrl is ₹20.58 as on 12-Jun-2024.
Existing (Absolute + CAGR) as on 12-Jun-2024.
SBI Retirement Benefit Fund - Aggressive Plan Direct Payout of Income Dist cum cap wdrl
Absolute Returns
CAGR Returns
1 Month Returns
8.34%
8.34%
6 Month Returns
15.87%
15.87%
1 Year Returns
32.62%
32.62%
3 Years Returns
83.19%
22.36%
5 Years Returns
0%
0%
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0.83% as on May 2024
₹2414 Cr as on May 2024
HDFC Bank Ltd(7.4%), ICICI Bank Ltd(5.56%), Maruti Suzuki India Ltd(4.64%), Larsen & Toubro Ltd(4.5%), Infosys Ltd(4.06%) as on May 2024
Financial Services(28.41%), Consumer Cyclical(23.52%), Industrial(21.16%) as on May 2024
AAA
100
Ardhendu Bhattacharya, Mohit Jain, Dinesh Ahuja are the fund managers of SBI Retirement Benefit Fund - Aggressive Plan Direct Payout of Income Dist cum cap wdrl
The Exit load of SBI Retirement Benefit Fund - Aggressive Plan Direct Payout of Income Dist cum cap wdrl is 0%