November 10, 2022
mayank
SBI Retirement Benefit Fund – Aggressive Plan
NAV Growth: Rs 14.4264
NAV IDCW: Rs 14.4185
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.
Like for all equity funds, you must invest only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide a comprehensive retirement saving solution that serves the variable needs of the investors through long term diversified investments in major asset classes.
Fund Manager:
1) Ardhendu Bhattacharya
Education: Mr. Bhattacharya is a MBA (Marketing) and Bachelor of Engineering.
Experience: Prior to joining SBI Mutual Fund, he has worked with ICICI Bank and Citibank.
2) Dinesh Ahuja
Education: Mr. Ahuja is a B.Com (H) and MMS (Finance).
Experience: Prior to joining SBI AMC he has worked with L&T Investment management Ltd., Reliance Asset Management Ltd and Reliance General insurance Company Ltd.
3) Rohit Shimpi
Education: Mr. Shimpi is a B. Com., PGDBM (Finance), CFA.
Experience: Prior to joining SBI Mutual Fund, he has worked with CNBC TV18, JP Morgan’s offshore research centre and HDFC Standard Life Insurance.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | 5 Years |
| Exit Load | 0 |
Basic Details
| Fund House | SBI Mutual Fund |
| Launch Date | 10-Feb-21 |
| Return Since Launch | 23.37% |
| Benchmark | S&P BSE 500 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,058 Cr |
| (As on 31-Oct-2022) | |
| Expense Ratio | 1.02% |
| (As on 30-Sep-2022) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
SBI Retirement Benefit Fund – Aggressive Plan Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| SBI Retrmnt Benefit Agrssv Dir | 10.27 | -0.51 | 2.23 | 4.35 | 17.45 | 8.09 | — | — | — | — |
| S&P BSE 500 TRI | 5.61 | -0.28 | 3.72 | 4.21 | 12.42 | 1.91 | — | — | — | — |
| Equity: Flexi Cap | 2.78 | -0.38 | 2.77 | 4 | 12.42 | -0.36 | — | — | — | — |
| Rank within category | 4 | 54 | 50 | 29 | 5 | 5 | — | — | — | — |
| Number of funds in category | 64 | 72 | 72 | 70 | 68 | 63 | 49 | 36 | 34 | 1 |
SBI Retirement Benefit Fund – Aggressive Plan Peer Comparison
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) |
| SBI Retrmnt Benefit Agrssv Dir | Unrated | 8.09 | — | — | 1.02 | 1,058 | 23.37 | — | 1yrs 9mo | — |
| SBI Focused Eqt Dir | 4 star | -7.33 | 17.46 | 14.38 | 0.70 | 28,407 | 15.57 | 1.00 (365) | 9yrs 10mo | 24.00 |
| UTI Flexi Cap Dir | 4 star | -11.50 | 18.73 | 14.69 | 0.92 | 26,133 | 15.09 | 1.00 (365) | 9yrs 10mo | 8.00 |
| Parag Parikh Flexi Cap Dir | 5 star | -5.64 | 23.48 | 17.35 | 0.78 | 26,033 | 18.98 | 2.00 (365) | 9yrs 5mo | 14.57 |
| Canara Robeco Flexi Cap Dir | 4 star | -1.96 | 19.45 | 14.90 | 0.49 | 8,677 | 14.63 | 1.00 (365) | 9yrs 10mo | 36.00 |
Portfolio Analysis
| No. of Stocks | 36 |
| Top 10 Stocks | 45.22% |
| Top 5 Stocks | 27.66% |
| Top 3 Sectors | 48.73% |
| Portfolio P/B Ratio | 4.27 |
| Portfolio P/E Ratio | 29.74 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,01,871 | 1,47,423 |
| Giant (%) | 45.65 | 51.90 |
| Large (%) | 18.44 | 19.76 |
| Mid (%) | 28.71 | 22.29 |
| Small (%) | 7.20 | 6.99 |
| Tiny (%) | — | 0.14 |
Chanakya’s Mutual Fund Guidance For SBI Retirement Benefit Fund – Aggressive Plan
Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.sbimf.com/en-us/quick-invest?action=panverification&SubBrokerCode=&EUIN=E455804&arn_code=ARN-245610&subbrokerARN=&utm_source=EasyLink
Stock Research Reports:
https://www.analysislibrary.com/
NFO Guidance:
https://sahifund.com/category/nfos/
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