SBI Retirement Benefit Fund launch today; offers free term cover with SIPs
If you are looking for hassle free retirement planning with a disciplined approach to it, SBI Retirement Benefit Fund could be a good option. The five-year lock-in will ensure that you stay committed to your retirement goal
KEY HIGHLIGHTS
The scheme will have a lock-in period of 5 years
The scheme will have some exposure in foreign equities, gold ETFs and REITs/InVITs
Available in four variants - Aggressive, Aggressive Hybrid, Conservative Hybrid and Conservative
Auto transfer of investments in safer assets as per growing age
A term insurance of up to Rs 50 lakh if you start SIPs