About SBI Retirement Benefit Fund - Conservative Plan
SBI Retirement Benefit Fund - Conservative Plan is a retirement fund managed by SBI Mutual Fund. Solution-oriented funds for retirement, with a lock-in of 5 years or until retirement age, whichever is earlier.
The investment objective of the scheme is to provide a comprehensive retirement saving solution that serves the variable needs of the investors through long term diversified investments in major asset classes. However, there can be no assurance that the investment objective of the Scheme will be realized.
The scheme's stated objective, as published by SBI Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹15.1983 | 148688 |
| Direct | IDCW | ₹15.1961 | 148689 |
| Regular | Growth | ₹14.7756 | 148696 |
| Regular | IDCW | ₹14.7754 | 148687 |
Frequently asked questions
What is the NAV of SBI Retirement Benefit Fund - Conservative Plan today?
The NAV of SBI Retirement Benefit Fund - Conservative Plan (Direct plan, Growth) is ₹15.1983 and the Regular plan NAV is ₹14.7756, as of 13 Nov 2026.
What returns has SBI Retirement Benefit Fund - Conservative Plan given?
Over the last year the Direct plan returned 3.25%, and 6.93% a year over 3 years and 6.92% a year over 5 years. That places it 25 of 27 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of SBI Retirement Benefit Fund - Conservative Plan?
The Direct plan charges 0.98% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in SBI Retirement Benefit Fund - Conservative Plan?
You can start a monthly SIP with ₹500, or invest a lump sum of ₹5,000 or more.
How much has SBI Retirement Benefit Fund - Conservative Plan fallen in the past?
Its deepest fall was 4.4% from 2 Jan 2026 to 30 Mar 2026. Of every one-year stretch in its history, 98% ended in a gain.
What does SBI Retirement Benefit Fund - Conservative Plan invest in?
As on 31 Oct 2026 it held 67 positions, the largest being National Bank for Agriculture and Rural Development (7.2%), Bharat Sanchar Nigam Ltd (7.2%), Summit Digitel Infrastructure Pvt. Ltd (5.4%). Its biggest sector was banks at 3.8% of the fund. Portfolios change every month.
Which category does SBI Retirement Benefit Fund - Conservative Plan belong to?
It is a Retirement Fund from SBI Mutual Fund. Solution-oriented funds for retirement, with a lock-in of 5 years or until retirement age, whichever is earlier.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from SBI Retirement Benefit Fund - Conservative Plan taxed?
How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.