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SBI Retirement Benefit Fund NFO opens: 10 things to know before investing


Updated Jan 21, 2021 | 07:30 IST
This fund is an open-ended, retirement solution-oriented scheme where the investment amount is locked in for five years or until retirement, whichever is earlier.
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New Delhi: The new fund offer (NFO) of SBI Retirement Benefit Fund opened on January 20. The investment objective of the scheme is to provide a comprehensive retirement saving solution that serves different needs of the investors through long term diversified investments in major asset classes such as equity, debt, gold etc. The NFO closes on February 3, 2021. Here are 10 things investors should know about the SBI Retirement Benefit Fund.
1)  This fund is an open-ended, retirement solution-oriented scheme where the investment amount is locked in for five years or until retirement (i.e. completion of 65 years), whichever is earlier. No investor above the age of 65 years will be allowed to subscribe to the scheme.  ....

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