SBI Retirement Benefit Fund - Conservative Plan

Q: What are the returns of this mutual fund scheme?

The SBI Retirement Benefit Fund - Conservative Plan is a 4 yrs 9 m old fund and has delivered average annual returns of 8.05% since inception. SBI Retirement Benefit Fund - Conservative Plan Returns 1-Year 3-Year Since Inception 5.33% 8.77% 8.05%

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹14.428+0.07% 1 day change	8.05% p.a.	App exclusive #NA View Ranked Funds	₹175 Cr

Historical NAV & returns

NAV: ₹14.428 as on Oct 20, 2025

This fund Category average

SBI Retirement Benefit Fund - Conservative Plan overview

AUM (Fund size)	₹175 Cr
Exit load	0%
Lock-in Period	5 Years
Age	4 yrs 9 m since Jan 20, 2021
Benchmark	CRISIL Hybrid 85+15 Conservative Index
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	1.38% as on Sep 30, 2025
Plan type	Regular
Risk	Moderately High

SBI Retirement Benefit Fund - Conservative Plan Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	1.05%	1.83%
3 Months	0.46%	1.79%
6 Months	2.32%	5.5%
1 Year	5.33%	5.69%
2 Years	9.02%	13.63%
3 Years	8.77%	12.13%
4 Years	7.7%	8.98%

Asset allocationas on Sep 30, 2025

Large Cap 12.33%

Mid Cap 3.42%

Small Cap 3.97%

Other Cap 0%

Top holdings

HDFC Bank Ltd.1.76%

ICICI Bank Ltd.1.26%

Reliance Industries Ltd.1.18%

Maruti Suzuki India Ltd.0.9%

Top sectors

Financial 5.2299999999999995%

Automobile 2.1100000000000003%

Energy 1.75%

Capital Goods 1.7299999999999995%

SOV 48.53815083%

AAA 19.0213021%

AA+ 11.0724564%

Cash & Call Money 1.65505599%

Top Debt Holdings

GOI 31.07%

Karnataka State 14.71%

Bharat Sanchar Nigam Ltd 5.88%

Summit Digitel Infrastructure Pvt. Ltd. 4.35%

Allocation by Instruments

GOI Securities 31.062047030000002%

Debenture 24.92051722%

State Development Loan 17.4761038%

Non Convertible Debenture 2.87136606%

Other Holdings

Others 1.37%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
SBI Retirement Benefit Fund - Conservative Plan	1.05%	2.32%	5.33%	8.77%	N.A.	N.A.
UTI Retirement Fund	1.41%	3.34%	5.35%	12.38%	13.52%	9.41%
HDFC Retirement Savings Fund - Hybrid Equity Plan	1.91%	6.25%	4.56%	15.45%	17.66%	14.69%
HDFC Retirement Savings Fund - Hybrid Debt Plan	1.06%	2.73%	4.93%	9.15%	8.53%	8.1%
ICICI Prudential Retirement Fund - Hybrid Conservative Plan	0.96%	5.73%	7.98%	11.08%	9.04%	5.85%
ICICI Prudential Retirement Fund - Hybrid Aggressive Plan	2.36%	13.92%	11.23%	21.04%	20.84%	10.37%

Fund name	Std. deviation	Beta	Sharpe	Sortino
SBI Retirement Benefit Fund - Conservative Plan	3.42	0.87	0.56	0.83
UTI Retirement Fund	5.64	0.62	0.96	1.44
HDFC Retirement Savings Fund - Hybrid Equity Plan	8.61	0.77	0.95	1.46
HDFC Retirement Savings Fund - Hybrid Debt Plan	3.48	0.88	0.68	1.11
ICICI Prudential Retirement Fund - Hybrid Conservative Plan	4.23	1.02	0.94	1.35
ICICI Prudential Retirement Fund - Hybrid Aggressive Plan	12.57	1.1	1.02	1.55

Fund name	ETM Rank	AUM	Fund age	Expense ratio
SBI Retirement Benefit Fund - Conservative Plan	N.A.	175 Cr	4 yrs 9 m	1.38%
UTI Retirement Fund	N.A.	4,659 Cr	30 yrs 10 m	1.65%
HDFC Retirement Savings Fund - Hybrid Equity Plan	N.A.	1,681 Cr	9 yrs 8 m	2.07%
HDFC Retirement Savings Fund - Hybrid Debt Plan	N.A.	160 Cr	9 yrs 8 m	2.14%
ICICI Prudential Retirement Fund - Hybrid Conservative Plan	N.A.	83 Cr	6 yrs 8 m	2.12%
ICICI Prudential Retirement Fund - Hybrid Aggressive Plan	N.A.	937 Cr	6 yrs 8 m	2.19%

View all Retirement Solutions funds

Key risk & return ratios Compared to other funds in the category

Alpha	-0.76 vs. 3.06 Underperformed at beating benchmark
Sharpe	0.56 vs. 3.02 Poor risk-adjusted returns
Beta	0.87 vs. 0.85 More sensitive to market's ups & downs
Standard deviation	3.42 vs. 6.26 More stable returns

Compare SBI Retirement Benefit Fund - Conservative Plan in detail with

About this fund

About SBI Retirement Benefit Fund - Conservative Plan

SBI Retirement Benefit Fund - Conservative Plan is a Retirement Solutions mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 4 yrs 9 m, having been launched on 20/01/2021. SBI Retirement Benefit Fund - Conservative Plan has ₹175 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of SBI Retirement Benefit Fund - Conservative Plan as of 20/10/2025 is ₹14.43. The fund has an expense ratio of 1.38%, which is higher than what most other Retirement Solutions funds charge. Currently, the fund has a 19.71% allocation to equity and 78.63% to Debt.

SBI Retirement Benefit Fund - Conservative Plan returns of last 1-year are 4.71%. Since launch, it has delivered 8.12% average annual returns.
SBI Retirement Benefit Fund - Conservative Plan scheme's ability to deliver returns consistently is lower than most funds of its category. Its ability to control losses in a falling market is below average.
The fund's equity portion is primarily invested in Financial, Automobile, Energy, Capital Goods, Technology sectors. It has taken less exposure in Financial, Automobile sectors compared to other funds in the category.
The debt portion of the fund has moderate credit quality indicating the quality of borrowers it has lent it to is good.
The fund's top 5 holdings are in GOI, Karnataka State, Bharat Sanchar Nigam Ltd, Summit Digitel Infrastructure Pvt. Ltd., Torrent Power Ltd..

...

Fund AUM	175 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Ardhendu Bhattacharya

Mr. Bhattacharya is a MBA (Marketing) and Bachelor of Engineering. Prior to joining SBI Mutual Fund, he has worked with ICICI Bank and Citibank.

Rohit Shimpi

Mr. Shimpi is a B. Com., PGDBM (Finance), CFA. Prior to joining SBI Mutual Fund, he has worked with CNBC TV18, JP Morgans offshore research centre and HDFC Standard Life Insurance.

Investment objective

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.

SBI Mutual Fund details

No. of schemes	72 view all schemes
Total AUM	12,07,585 Cr as on Sep 30, 2025
Address	9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai, 400051
Phone	022-61793000 / 1800-425-5425

More funds from SBI Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
SBI Equity Hybrid Fund	N.A.	79,008 Cr	13.2%	17.09%
SBI Multi Asset Allocation Fund	N.A.	10,484 Cr	12.82%	15.51%
SBI Retirement Benefit Fund - Aggressive Hybrid Plan	N.A.	1,626 Cr	4.46%	N.A.
SBI Equity Savings Fund	N.A.	6,169 Cr	6.48%	11.7%
SBI Conservative Hybrid Fund	N.A.	9,859 Cr	6.59%	11.0%
SBI Balanced Advantage Fund	N.A.	37,457 Cr	6.82%	N.A.

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of SBI Retirement Benefit Fund - Conservative Plan?

The current Net Asset Value (NAV) of the SBI Retirement Benefit Fund - Conservative Plan plan is approximately ₹14.428 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The SBI Retirement Benefit Fund - Conservative Plan is a 4 yrs 9 m old fund and has delivered average annual returns of 8.05% since inception.

SBI Retirement Benefit Fund - Conservative Plan Returns

1-Year	3-Year	Since Inception
5.33%	8.77%	8.05%

How much does this mutual fund charge as expense ratio?

The SBI Retirement Benefit Fund - Conservative Plan has an expense ratio of 1.38%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The SBI Retirement Benefit Fund - Conservative Plan currently has assets under management (AUM) or fund size valued at approximately 175 Cr as on Sep 30, 2025.

What are the top stock holdings of SBI Retirement Benefit Fund - Conservative Plan?

The SBI Retirement Benefit Fund - Conservative Plan's equity portion has been invested in the stocks of the following companies

Company	Percentage of Portfolio
HDFC Bank Ltd.	1.76%
ICICI Bank Ltd.	1.26%
Reliance Industries Ltd.	1.18%
Maruti Suzuki India Ltd.	0.9%
Larsen & Toubro Ltd.	0.82%
Infosys Ltd.	0.78%
State Bank of India	0.68%
Urban Company Ltd.	0.64%
Ultratech Cement Ltd.	0.59%
Kotak Mahindra Bank Ltd.	0.51%

What are the top sectors SBI Retirement Benefit Fund - Conservative Plan has invested in?

The SBI Retirement Benefit Fund - Conservative Plan's equity portion is primarily invested in the following sectors -

Sector	Percentage of Portfolio
Financial	5.2299999999999995%
Automobile	2.1100000000000003%
Energy	1.75%
Capital Goods	1.7299999999999995%
Technology	1.6400000000000001%
Materials	1.5400000000000003%
Construction	1.05%
Metals & Mining	1.04%
Healthcare	1.01%
Consumer Staples	0.85%

To whom does SBI Retirement Benefit Fund - Conservative Plan lend to?

The top 3 debt holdings of SBI Retirement Benefit Fund - Conservative Plan are as follows

Holding Name	Percentage of Portfolio
GOI	31.07%
Karnataka State	14.71%
Bharat Sanchar Nigam Ltd	5.88%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The SBI Retirement Benefit Fund - Conservative Plan's debt portion's allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	48.53815083%
AAA	19.0213021%
AA+	11.0724564%

What is risk level of SBI Retirement Benefit Fund - Conservative Plan?

This is a Retirement Solutions fund comes with Moderately High risk.

Is there any lock-in period in this mutual fund?

Yes, this fund comes with a mandatory lock-in period of 5 years.

How can I redeem my investments in SBI Retirement Benefit Fund - Conservative Plan?

Redeeming your investments in the SBI Retirement Benefit Fund - Conservative Plan is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.