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.

1. SBI Retirement Benefit Fund Conservative Direct Growth has ₹179 Cr worth of assets under management (AUM) as on Apr 2025 and is less than category average.
2. The fund has an expense ratio 0.9.
   

SBI Retirement Benefit Fund Conservative Direct Growth has given a CAGR return of 9.12% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 8.49% and 10.93% respectively.

SBI Retirement Benefit Fund Conservative Direct Growth has allocated its funds majorly in Government, Corporate, Financial Services, Consumer Cyclical, Industrial, Tech, Cash Equivalent, Basic Materials, Energy, Health, Utilities, Consumer Defensive, Real Estate.

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 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains 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