SBI RETIREMENT BENEFIT FUND WITH INSURANCE

 

GOOE NEWS 2021

SBI Mutual Fund presenting SBI RETIREMENT BENEFIT FUND

An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)

And

NFO Period: 20th January - 3rd February, 2021

Wait to enjoy your retired life. Don’t wait to plan for it

 

1.      Unpredictability adds to complexity in retirement planning.

2.      Inflation – both country’s general inflation and individual’s specific lifestyle inflation.

3.      Life expectancy post retirement – risk of living longer than your finances.

4.      Monthly corpus post retirement – change in lifestyle.

5.      Layoffs / pause in earnings / start-up plunge / sabbatical / different profession demand different planning e.g. cricketers retire at 40 years.

6.      Attitude towards Retirement – Sunset years nowadays seen as second innings to enjoy life.

7.      Remaining years left for retirement - traditional vs aspirational.

8.      Medical corpus pre / post retirement – rising medical cost, new threats, emergencies.

9.      Rate of returns expected on your investment pre / post retirement.

10.  Lavish expenditure / lifestyle change / EMIs leaving little room for savings – dilemma as house also provides security in retirement and saves on rent later on and leaves a legacy.

 Start - SBI Retirement Benefit Fund Online

 

 

 

 

 

PRESENTING SBI RETIREMENT BENEFIT FUND An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)

Asset Allocation Auto Transfer Plan

Age based transfer to an investment plan.

Invested assets will be automatically switched to the Investment Plan of immediate lower risk as the investor crosses the maximum age associated to their current Investment Plan.

 

Insurance benefits with SIP SIP Insure

SIP registered under this with tenure of 3 years plus, has insurance benefits wherein in case of an unfortunate event the nominee stand to get the benefits as mentioned below:

1.     Year 1: 20 times the monthly SIP installment.

2.     Year 2: 50 times the monthly SIP installment.

3.     Year 3: 100 times the monthly SIP installment.

4.     Year 4 onwards: 100 times the monthly SIP installment.

Manage your cashflows SWP (A)

Investors can opt for this facility* and withdraw their investments systematically on a Quarterly basis (applicable quarters are end of December, March, June, September). Withdrawals will be made / effected on the 25th of every month of that particular quarter and would be treated as redemptions. (*Available only in the dividend option of the scheme)

 

Fund Facts

Type of Scheme

1.        Aggressive (Equity-oriented)

2.        Aggressive Hybrid (Equity-oriented)

3.        Conservative Hybrid (Debt-oriented)

4.        Conservative (Debt-oriented)

 Start - SBI Retirement Benefit Fund Online

 

Fund Manager

1. Mr. Gaurav Mehta for the Equity portion and Mr. Dinesh Ahuja for the Fixed Income portion  

2. Mr. Mohit Jain is the dedicated fund manager for managing overseas investments

 

Benchmark Index

1.     Aggressive Plan: BSE 500 TRI

2.      Aggressive Hybrid Plan: Crisil Hybrid 35+65 -Aggressive Index

3.     Conservative Hybrid Plan: Crisil Hybrid 65+35 -Conservative Index

4.     Conservative Plan: Nifty Composite Debt Index

 

Exit Load

1.       For redemption/switch out: Nil

2.      No Exit Load in case of switch is made from one plan to another

 

Application amount

1.     5000/- and in multiples of `1 thereafter

2.     Additional Purchase: `1000/- and in multiples of `1 thereafter

 

SIP

Daily, Weekly, Monthly, Quarterly, Semi-Annual & Annual

 

Start - SBI Retirement Benefit Fund Online

Contact For :-  Deepak, Mob.: 9760957096, 8077581957 

E-Mail:- payal.spp@rediffmail.com

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully)