Saturday, January 16, 2021

SBI RETIREMENT BENEFIT FUND




Start - SBI Retirement Benefit Fund Online



We are happy to the launch of

 SBI Retirement Benefit Fund

 

Please find SBI Retirement Benefit Fund Brochure Hindi and English, FAQ, Application form and Sip Application.

 

Below are the key features of SBI Retirement Benefit Fund:

 

NFO Details:

 

NFO Opens on

January 20, 2021

NFO Closes on

February 03, 2021

Allotment Date

February 10, 2021

 

Type of scheme:

An open-ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)

 

Investment Objective:

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.

 

Minimum Application Amount during NFO (Rs.)

Rs. 5,000/- and in multiples of Re. 1/- thereafter

 

SIP Facility during NFO period and on an ongoing basis:

The Scheme also offers Daily, Weekly, Monthly, Quarterly, Semi-Annual & Annual Systematic Investment Plan (SIP) during NFO period and on an ongoing basis.

 

Investment / Plans and Options:

The scheme has following Investment facility:

  • My Choice or
  • Auto Transfer facility



The Scheme offers 4 Investment Plans:


  1. Aggressive
  2. Aggressive Hybrid
  3. Conservative Hybrid
  4. Conservative

Each of the Investment Plans will be managed as separate portfolios.

 

Benchmark Index:

Each Investment Plan will have different benchmark.

 

Plans

Benchmark

Aggressive

S&P BSE 500 TRI

Aggressive Hybrid

CRISIL Hybrid 35+65 -Aggressive Index

Conservative Hybrid

CRISIL Hybrid 65+35 - Conservative Index

Conservative

NIFTY Composite Debt Index

 

Fund Manager:

Mr. Gaurav Mehta – for equity portion

Mr. Dinesh Ahuja – for debt portion

Mr. Mohit Jain is the dedicated fund manager for managing overseas investments

 

SBIMF – SIP Insure:

"SBIMF – SIP Insure" shall provide term life insurance cover with SIPs to provide investors with comprehensive financial solution

 

 Start - SBI Retirement Benefit Fund Online


 

Thursday, January 7, 2021

SBI RETIREMENT BENEFIT FUND WITH INSURANCE

 

GOOE NEWS 2021

SBI Mutual Fund presenting SBI RETIREMENT BENEFIT FUND

An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)

And

NFO Period: 20th January - 3rd February, 2021

Wait to enjoy your retired life. Don’t wait to plan for it

 

1.      Unpredictability adds to complexity in retirement planning.

2.      Inflation – both country’s general inflation and individual’s specific lifestyle inflation.

3.      Life expectancy post retirement – risk of living longer than your finances.

4.      Monthly corpus post retirement – change in lifestyle.

5.      Layoffs / pause in earnings / start-up plunge / sabbatical / different profession demand different planning e.g. cricketers retire at 40 years.

6.      Attitude towards Retirement – Sunset years nowadays seen as second innings to enjoy life.

7.      Remaining years left for retirement - traditional vs aspirational.

8.      Medical corpus pre / post retirement – rising medical cost, new threats, emergencies.

9.      Rate of returns expected on your investment pre / post retirement.

10.  Lavish expenditure / lifestyle change / EMIs leaving little room for savings – dilemma as house also provides security in retirement and saves on rent later on and leaves a legacy.

 Start - SBI Retirement Benefit Fund Online


 



 

 

 

 

PRESENTING SBI RETIREMENT BENEFIT FUND An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)

Asset Allocation Auto Transfer Plan

Age based transfer to an investment plan.

Invested assets will be automatically switched to the Investment Plan of immediate lower risk as the investor crosses the maximum age associated to their current Investment Plan.

 

FREEE MUTUAL FUND ACCOUNT


Insurance benefits with SIP SIP Insure

SIP registered under this with tenure of 3 years plus, has insurance benefits wherein in case of an unfortunate event the nominee stand to get the benefits as mentioned below:

1.     Year 1: 20 times the monthly SIP installment.

2.     Year 2: 50 times the monthly SIP installment.

3.     Year 3: 100 times the monthly SIP installment.

4.     Year 4 onwards: 100 times the monthly SIP installment.

Manage your cashflows SWP (A)

Investors can opt for this facility* and withdraw their investments systematically on a Quarterly basis (applicable quarters are end of December, March, June, September). Withdrawals will be made / effected on the 25th of every month of that particular quarter and would be treated as redemptions. (*Available only in the dividend option of the scheme)

 

Fund Facts

Type of Scheme

1.        Aggressive (Equity-oriented)

2.        Aggressive Hybrid (Equity-oriented)

3.        Conservative Hybrid (Debt-oriented)

4.        Conservative (Debt-oriented)

 Start - SBI Retirement Benefit Fund Online


 

Fund Manager

1. Mr. Gaurav Mehta for the Equity portion and Mr. Dinesh Ahuja for the Fixed Income portion  

2. Mr. Mohit Jain is the dedicated fund manager for managing overseas investments

 

Benchmark Index

1.     Aggressive Plan: BSE 500 TRI

2.      Aggressive Hybrid Plan: Crisil Hybrid 35+65 -Aggressive Index

3.     Conservative Hybrid Plan: Crisil Hybrid 65+35 -Conservative Index

4.     Conservative Plan: Nifty Composite Debt Index

 

Exit Load

1.       For redemption/switch out: Nil

2.      No Exit Load in case of switch is made from one plan to another

 

Application amount

1.     5000/- and in multiples of `1 thereafter

2.     Additional Purchase: `1000/- and in multiples of `1 thereafter

 

SIP

Daily, Weekly, Monthly, Quarterly, Semi-Annual & Annual


 FREE OPEN ACCOUNT

Start - SBI Retirement Benefit Fund Online



Contact For :-  Deepak, Mob.: 9760957096, 8077581957 

E-Mail:- payal.spp@rediffmail.com


(Mutual Fund investments are subject to market risks, read all scheme related documents carefully)

Saturday, December 5, 2020

AXIS LONG TERM EQUITY FUND

 


IT TOOK APPROXIMATELY 7 YEARS TO BUILD THE FIRST FLIGHT.

About Axis Long Term Equity Fund

The fund looks at opportunities across the market cap and the portfolio remains balanced between its large and mid-cap allocations. The fund is focused on long term earnings growth prospects and quality as key criteria for stock selection.

Axis Long Term Equity Fund


Open-ended Equity-Linked Savings Scheme with a 3 year lock in Offers tax benefit under section 80C of the Income Tax Act, 1961

Invests across market cap~ Large caps around 50-100% and midcaps up to 50%

Invests in quality businesses for the long term through bottom up stock picking

3 year lock-in eliminates near term pressure on stock selection

 

Fund Manager Jinesh Gopani

Over 19 years of experience in financial markets. He has been managing this fund since 1st April 2011.

 

Investing facts

Minimum application Lumpsum Rs 500 & multiple of Rs 500

Minimum application SIP Rs. 500 & multiple of Rs 500

 

Option

Growth & Dividend Inception Date 29th December 2009.


Axis Long Term Equity Fund

An open ended equity linked savings scheme with a statutory lock in of 3 years and tax benefit. @The performance data for 3 years & 5 years period has not been provided, since scheme is in existence for less than 3 years. @@The performance data for 5 years period has not been provided, since scheme is in existence for less than 5 years. The above data excludes performance of Fixed Maturity Plans and all the schemes which have not completed a year. Data as on 31st October 2020.

 

Past performance may or may not be sustained in future. Calculations are based on Regular Plan - Growth Option NAV and Direct Plan – Growth Option NAV, as applicable. Different plans have different expense structure. Face value is `. 10 per unit.

 

Jinesh Gopani is managing Axis Long Term Equity Fund since 1st April 2011, Axis Focused 25 Fund since 7th June 2016, Axis Emerging Opportunities Fund Series 1 and Series 2 since inception, Axis Growth Opportunities Fund since inception, Axis Retirement Savings Fund, which includes Aggressive plan, Dynamic plan and Conservative plan, since inception and Axis ESG Equity Fund since inception

 

Market caps are defined as per SEBI regulations as below: a. Large Cap: 1st -100th company in terms of full market capitalization. b. Mid Cap: 101st -250th company in terms of full market capitalization. c. Small Cap: 251st company onwards in terms of full market capitalization.

 

Disclaimer: Sector(s) / Stock(s) / Issuer(s) mentioned above are for the purpose of disclosure of the portfolio of the Scheme(s) and should not be construed as recommendation. The fund manager(s) may or may not choose to hold the stock mentioned, from time to time. Investors are requested to consult their financial, tax and other advisors before taking any investment decision(s).

 

 Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability restricted to ` 1 lakh). Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. (the AMC). Risk Factors: Axis Bank Ltd. is not liable or responsible for any loss or shortfall resulting from the operation of the scheme. 

You can calculate your Investment with help SIP Calculator.


Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

 

 

Monday, November 30, 2020

SBI Magnum Income Fund and SBI Dynamic Bond Fund Shine in the Medium-to- long Duration Debt Category


Making The Right Calls

In a year when the mutual fund industry was hobbled by downgrades and defaults, SBI Magnum Income fund (12.4 percent) and SBI Dynamic Bond fund (10percent), Both managed by Dinesh Ahuja, have beaten category average returns of 9.1 per cent and 8.25 per cent, respectively, in the 12 month-period ended September 30, 2020.

sbi magnum income fund




SBI Dynamic Bond Fund, sbi magnum income fund


SBI Dynamic Bond Fund, sbi magnum income fund

                              

SBI Dynamic Bond Fund, sbi magnum income fund


SBI magnum income fund combines an accrual and duration strategy and typically allocated 60 per cent of its portfolio to non - AAA rated papers, going up to AA- with two, three or four-year maturities. The remaining 40 per cent is in sovereigns and liquid AAAs.

"Broadly, we follow this 60-40 allocation. There could, however, be times where good non - AAA rated papers are not available or the spreads are not attractive, During these times, the fund has the flexibility to change the allocation." says Ahuja. At present, nearly 56 per cent of the fund's portfolio is in government bonds, and 30 per cent in AA and above.

SBI Dynamic Bond Fund on other other hand, seeks to generate alpha only through active duration management, and predominantly invests in sovereign and AAA-rated assets-mostly public sector paper and a few well know private sector names.


You can calculate your Investment with help SIP Calculator.


Interest rate call are taken based on the growth-inflation dynamics and the supply and demand situation of government paper, among other things, At present, the fund has 98.65 per cent invested in sovereign paper.

"The idea is to construct a portfolio which is absolutely liquid and which will help us in churning average maturities, depending on our overall view," say Ahuja.

Despite intermittent volatility, the decline in interest rates and infusion of liquidity by the  Reserve Bank of India (RBI) in the past year has helped the Dynamic Bond Fund. Bond prices and interest rates are inversely related.

Not a single paper of  the income fund has seen a downgrade over the past year. The fund has diversification strategy: Exposure to AAA- rated PSU names is capped at 9 per cent of the portfolio, private sector AA and  AA+ companies at 5 percent, and  issuances rated AA-and lower at under 3 per cent.

You can calculate your Investment with help SIP Calculator.

The Fund bought into non-AAA rated paper in April and May as spreads widened. "There was a panic about non-AAA rated paper and a lot of investors got out. But in hindsight, that was the best time to buy those assets, and we got our call right, "Says Ahuja.


SBI MF follows an elaborate process for assessing credit, The issuer is analysed on the basis of parameters such a promoter and management background, and the business and sector the company is in. The credit analyst then assigns tenure limits on a particular credit, depending on the company's profitability, net worth, and so on.

"Our analysis is predominantly bottom-up. We do not have a negative list or a specific sector or company whose papers we do not want to invest in, "says Ahuja.

Financial or management ownership covenants are assigned. For instance, a covenant could be assigned that says the debt service coverage ratio should always be maintained at three months, or one which restricts the management from diluting its stake below 51 per cent in the company.

"These covenants are part and parcel of the non-AAA trades that we get into. If they are breached, we have the right to exercise the put option and the company will have to prepay us the amount that is due, " Says Ahuja.


The proposal to buy a particular paper is finally placed before an investment committee comprising the fund house's managing director, deputy managing director, chief investment officer and head of risk.

With RBI adopting a accommodative stance until the firs quarter of next year, Ahuja believes that interest rate can continue to ease in the coming months. "It does not make sense to increase rates when growth has taken such a hit and there is no demand-led inflation," Says Ahuja.

While credit spreads have compressed, he is not letting his guard down: "Pockets of stress could lead to a defaults. One still needs to be cautious while assessing the credit-worthiness of companies in this kind of a environments."


SBI Dynamic Bond Fund, sbi magnum income fund 20-21


SBI Magnum Income Fund and SBI Dynamic Bond Fund Shine in the Medium-to- long Duration Debt Category


You can calculate your Investment with help SIP Calculator.






Thursday, November 26, 2020

SBI LARGE & MIDCAP FUND / SBI SAVING FUND

 PRESENTING SBI LARGE & MIDCAP FUND


SBI Large & MidCap Fund predominantly invests in a fine blend of companies across large and mid cap companies. This enables your portfolio to seek benefit from the power of market leaders and the potential of emerging businesses.


INVESTMENT OBJECTIVE

To provide the investor with an opportunity of long-term capital appreciation by investing in diversified portfolio comprising predominantly large cap and mid cap companies.

Type of Scheme

An open-ended Equity Scheme investing in both large cap and mid cap stocks.


KEY HIGHLIGHTS

Invests minimum 35% in large caps (potential market leaders that could provide stable growth) and minimum 35% in mid caps (emerging companies with a potential of providing reasonable returns) 

Suitable for investors looking to invest in a mix of large cap and mid cap companies to provide growth potential


Fund Manager: Mr. Saurabh Pant Managing Since: Sep – 2016 Total Experience: Over 11 years Benchmark: NIFTY LargeMidCap 250


Quantitative Data: Standard Deviation# : 22.88% Beta# : 0.98 Sharpe Ratio# : 0.08 Portfolio Turnover* Equity Turnover: 0.77 Total Turnover: 0.87 Data as on: 30th September, 2020 Total Turnover = Equity + Debt + Derivatives # Source: CRISIL Fund Analyser *Portfolio Turnover = lower of total sale or total purchase for the last 12 months (including equity derivatives) upon Avg. AUM of trailing twelve months. Risk Free rate: FBIL Overnight Mibor rate (3.79% as on 30th September, 2020). Basis for Ratio Calculation: 3 Years Monthly Data Points Ratios are computed using Total Return Index (TRI) as per SEBI Circular dated Jan 4, 2018

Exit Load: • For exit on or before 30 days from the date of allotment - 0.10% • For exit after 30 days from the date of allotment - Nil Entry Load: N.A. 

SIP: ‘Any Day SIP’ Facility is available for Monthly, Quarterly, Semi-Annual and Annual frequencies through electronic mode like OTM / Debit Mandate. Default SIP date will be 10th. In case the SIP due date is a Non Business Day, then the immediate following Business Day will be considered for SIP processing. 

Daily - Minimum `500 & in multiples of `1 thereafter for a minimum of 12 installments. 

Weekly - Minimum `1000 & in multiples of `1 thereafter for a minimum of 6 instalments (or) Minimum `500 & in multiples of `1 thereafter for a minimum of 12 installments. 

Monthly - Minimum `1000 & in multiples of `1 thereafter for minimum six months (or) Minimum `500 & in multiples of `1 thereafter for minimum one year. 

Quarterly - Minimum `1500 & in multiples of `1 thereafter for minimum one year. Semi-Annual - Minimum `3000 & in multiples of `1 thereafter for a minimum of 4 installments. 

Annual - Minimum `5000 & in multiples of `1 thereafter for a minimum of 4 installments. Minimum Investment: `5000 & in multiples of `1 Additional Investment: `1000 & in multiples of `1 For complete details, refer scheme related documents on www.sbimf.com



NOTES: 

a. The details of the period since the Fund Manager is managing the scheme(s) & inception date provided alongside of the table. The total no. of schemes managed by Mr. Saurabh Pant is 2 

b. Different plans shall have a different expense structure. Performance for all scheme(s) are of Regular growth option. In case of SBI Consumption Opportunities Fund growth option was introduced later on 01-Jan-2013, SBI Large & Midcap Fund growth option was introduced later on 25-May-2005. Hence for the purpose of calculation of since inception returns, all dividends declared prior to the splitting of the scheme into Dividend & Growth Options are assumed to be reinvested in the units of the scheme at the then prevailing NAV (ex-dividend NAV) and net of Dividend Distribution Tax, if any 

c. Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investment 

d. Load is not considered for computation of returns 

e. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement i.e. 30th September, 2020. In case, the start/end date of the concerned period is a non-business day, the NAV of the previous date is considered for computation of returns 

f. Scheme count for the total schemes managed by the Fund Managers does not include close-ended Scheme

g. SBI Consumption Opportunities Fund & SBI Large & Midcap Fund: As the scheme was launched before the launch of the benchmark index, benchmark index figures since inception or the required period are not available 

h. SBI Large & Midcap Fund: As scheme benchmark TRI data is not available since inception of the scheme, additional benchmark performance is calculated using composite CAGR of S&P BSE Sensex PRI values from 28-Feb-93 to 18-Aug-96 and TRI values since 19-Aug-96 

i. The performance of the schemes is benchmarked to the Total Return variant of the Index j. The benchmark of SBI Large & Midcap Fund has been changed to NIFTY LargeMidcap 250 w.e.f. 25th February, 2019


Mutual Fund investments are subject to market risks, read all scheme related documents carefully. 



SAVINGS FUND

SAVINGS FUND An open-ended Debt Scheme investing in money market instruments

IN CASE OF EMERGENCY BE BETTER PREPARED

KNOW YOUR FUND Keeping money aside for emergencies is always wise. SBI Savings Fund is an apt choice to park your money as it lets you access your money when you require by investing in money-market securities which are perceived to be liquid in nature. As earnings from traditional savings options continue to decrease, unlock the true potential of your savings as there is potential of earning relatively better returns with SBI Savings Fund.

INVESTMENT OBJECTIVE

To provide the investors an opportunity to invest in money market instruments. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn’t assure or guarantee any returns.

KEY HIGHLIGHTS

Aims to provide better risk-adjusted returns vis-à-vis traditional short-term savings instruments The investment strategy would be towards generating stable returns through a portfolio of money market instruments seeking to capture the term and credit spreads

FUND DETAILS


Fund Manager: Mr. R. Arun • Managing Since: April 2012 • Total Experience: Over 12 years Benchmark: NIFTY Money Market Index 


Free Mutual Fund and Demat Account

Quantitative Data: Modified Duration: 0.37 years Average Maturity: 0.38 years Macaulay Duration: 0.38 years Yield to Maturity: 4.16% Data as on: 30th September, 2020

Exit Load: • For exit within 3 business days from the date of allotment - 0.10% • For exit after 3 business days from the date of allotment - Nil Entry Load: N.A. 

SIP: ‘Any Day SIP’ Facility is available for Monthly, Quarterly, Semi-Annual and Annual frequencies through electronic mode like OTM / Debit Mandate. Default SIP date will be 10th. In case the SIP due date is a Non Business Day, then the immediate following Business Day will be considered for SIP processing. Daily - Minimum `500 & in multiples of `1 thereafter for a minimum of 12 installments. 

Weekly - Minimum `1000 & in multiples of `1 thereafter for a minimum of 6 installments (or) minimum 500 & in multiples of 1 thereafter for a minimum of 12 installments. 

Monthly - Minimum `1000 & in multiples of `1 thereafter for minimum six months (or) minimum `500 & in multiples of `1 thereafter for minimum one year. 

Quarterly - Minimum `1500 & in multiples of `1 thereafter for minimum one year. Semi Annual - Minimum `3000 & in multiples of `1 thereafter for a minimum of 4 installments. 

Annual - Minimum `5000 & in multiples of `1 thereafter for a minimum of 4 installments. Minimum Investment: `500 & in multiples of `1 Additional Investment: `500 & in multiples of `1

Notes: 

a. The details of the period since the Fund Manager is managing the scheme(s) and inception date provided alongside of the table. Mr. R. Arun has been managing SBI Savings Fund and SBI Overnight Fund since April 2012. The total number of schemes managed by Mr. R. Arun is 3 

b. Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investments 

c. Load is not considered for computation of returns 

d. Period for which scheme’s performance has been provided is computed basis last day of the month preceding the date of advertisement i.e. 30th September, 2020. In case, the start/end date of the concerned period is a non-business day, the NAV of the previous date is considered for computation of returns 

e. Different plans shall have a different expense structure. The performance details provided herein are of Growth Option - Regular Plan. Performance for Schemes not having Growth Option has been calculated considering the Dividend Option and is Net of Dividend distribution tax, if any 

f. Scheme count for the total schemes managed by the Fund Managers does not include close-ended Scheme 

g. SBI Overnight Fund: As the scheme was launched before the launch of the benchmark index, benchmark index figures since inception or the required period are not available

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.  

Contact Form

Name

Email *

Message *