NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹13.82
-0.27%
NAV as on 17 Dec 24, 12:00 AM
moderately high risk
retirement
debt
NAV as on 17 Dec 24, 12:00 AM
moderately high risk
retirement
debt
10.40%p.a.
Last 1Y
8.71%p.a.
Last 3Y
0.00%p.a.
Last 5Y
8.69%p.a.
Since Inception
About SBI Retirement Benefit Fund - Conservative Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the SBI Retirement Benefit Fund - Conservative Plan Growth scheme from SBI Funds Management Ltd. It is a Retirement mutual fund scheme that predominantly invests in Retirement stocks of companies. Launched on Feb 2021, SBI Retirement Benefit Fund - Conservative Plan Growth is Retirement fund of its category with 177.76 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Retirement funds.
- SBI Retirement Benefit Fund - Conservative Plan Growth delivered 10.4% annual returns during the last year. It has delivered 8.7% average annual returns since the fund was launched.
- SBI Retirement Benefit Fund - Conservative Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
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.
Top 10 Holdings
7.25% Govt Stock 2063
20.18%
7.1% Govt Stock 2034
14.37%
6.79% Govt Stock 2034
7.05%
7.34% Govt Stock 2064
5.85%
Bharat Sanchar Nigam Limited
5.69%
Torrent Power Limited
2.92%
Rural Electrification Corporation Limited
2.87%
Sundaram Finance Limited
2.87%
Power Finance Corporation Ltd.
2.84%
7.25% State Government Of Maharashtra 2044
2.84%
Fund Managers
- Rohit Shimpi (Oct 2021 - Present)
- Ardhendu Bhattacharya (Jun 2021 - Present)
- Pradeep Kesavan (Dec 2023 - Present)
Key Information
View Scheme Document
SBI Retirement Benefit Fund - Conservative Plan Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on SBI Retirement Benefit Fund - Conservative Plan Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in SBI Retirement Benefit Fund - Conservative Plan Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in SBI Retirement Benefit Fund - Conservative Plan Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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