{"id":250602,"date":"2026-09-16T18:05:51","date_gmt":"2026-09-16T12:35:51","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/"},"modified":"2026-09-16T18:05:51","modified_gmt":"2026-09-16T12:35:51","slug":"sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/","title":{"rendered":"SBI Retirement Benefit Direct Growth Plan Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/sbi-retirement-benefit-fund-aggressive-hybrid-plan-g-direct-plan\">SBI Retirement Benefit Fund-Aggressive Hybrid Plan Direct Growth Plan<\/a> has a NAV of \u20b920.4644 as of 15 Sep 2026 and scheme AUM of \u20b91,671 Cr. Its 1-year, 3-year and 5-year returns are 2.92%, 8.48% and 10.69%, and the scheme carries a High Risk profile.<\/p>\n<p>Our view is that this fund fits investors who can accept equity-led swings and still stay invested through the lock-in. The portfolio also includes a meaningful gold allocation and a wide spread of listed equity and infrastructure-linked positions, which may help balance growth with some diversification, though recent performance has been softer than its longer-term pace.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/#Should_you_BUY_or_HOLD_SBI_Retirement_Benefit_Fund-Aggressive_Hybrid_Plan\" title=\"Should you BUY or HOLD SBI Retirement Benefit Fund-Aggressive Hybrid Plan?\">Should you BUY or HOLD SBI Retirement Benefit Fund-Aggressive Hybrid Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/#What_is_the_current_NAV_of_SBI_Retirement_Benefit_Fund-Aggressive_Hybrid_Plan_Direct_Growth_Plan\" title=\"What is the current NAV of SBI Retirement Benefit Fund-Aggressive Hybrid Plan Direct Growth Plan?\">What is the current NAV of SBI Retirement Benefit Fund-Aggressive Hybrid Plan Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/#What_are_the_funds_1-year_3-year_and_5-year_returns\" title=\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\">What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/#How_does_the_fund_compare_with_the_benchmark\" title=\"How does the fund compare with the benchmark?\">How does the fund compare with the benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/#How_does_it_compare_with_peer_retirement_funds_on_returns\" title=\"How does it compare with peer retirement funds on returns?\">How does it compare with peer retirement funds on returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/#What_is_the_minimum_SIP_amount\" title=\"What is the minimum SIP amount?\">What is the minimum SIP amount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/#Who_manages_the_fund_and_what_is_the_exit_load\" title=\"Who manages the fund and what is the exit load?\">Who manages the fund and what is the exit load?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/sbi-retirement-benefit-fund-aggressive-hybrid-direct-growth-plan-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b920.4644 as of 15 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b91,671 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>1.06%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>10 Feb 2021<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9500<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>High Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Solution Oriented<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Rohit Shimpi, Ardhendu Bhattacharya<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Rohit Shimpi and Ardhendu Bhattacharya.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-3.24%<\/td>\n<td>-4.81%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.15%<\/td>\n<td>-3.63%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>2.92%<\/td>\n<td>-8.27%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>8.48%<\/td>\n<td>5.59%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>10.69%<\/td>\n<td>5.58%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The short-term picture is mixed, but it is not unusually weak relative to the benchmark. Over 1 month, the fund fell 3.24% while the benchmark declined 4.81%, and over 3 months the fund turned positive even as the benchmark stayed negative. That tells us the scheme has held up better than the benchmark during the recent patch of market pressure.<\/p>\n<p>The 1-year number is still modest at 2.92%, so recent compounding has been slow. Even so, the benchmark\u2019s -8.27% over the same horizon means the fund has clearly done better on a relative basis during a difficult year for the index.<\/p>\n<p>The longer view is stronger. The 3-year return of 8.48% and 5-year return of 10.69% both sit above the benchmark\u2019s 5.59% and 5.58%, which suggests the fund has added value over fuller market cycles. The gap between the recent 1-year pace and the 3-year and 5-year trend shows that the scheme has seen a softer stretch lately, but its longer-run compounding still looks steadier than the benchmark.<\/p>\n<p>We also note that the recent path has not been a straight line. The return pattern shows periods of drawdown followed by recovery, which is consistent with a high-risk hybrid structure that can move with equities but may also draw support from non-equity exposure.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_SBI_Retirement_Benefit_Fund-Aggressive_Hybrid_Plan\"><\/span>Should you BUY or HOLD SBI Retirement Benefit Fund-Aggressive Hybrid Plan?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding SBI Retirement Benefit Fund-Aggressive Hybrid Plan? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/sbi-retirement-benefit-fund-aggressive-hybrid-plan-g-direct-plan\">SBI Retirement Benefit Fund-Aggressive Hybrid Plan Direct Growth Plan<\/a><\/td>\n<td>2.92%<\/td>\n<td>8.48%<\/td>\n<td>10.69%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-retirement-fund-30-g-direct-plan\">Aditya Birla SL Retirement Fund-30 Direct Growth Plan<\/a><\/td>\n<td>11.24%<\/td>\n<td>14.92%<\/td>\n<td>11.8%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-retirement-fund-hybrid-aggressive-plan-g-direct-plan\">ICICI Pru Retirement Fund-Hybrid Aggressive Plan Direct Growth Plan<\/a><\/td>\n<td>5.77%<\/td>\n<td>16.4%<\/td>\n<td>14.68%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-retirement-fund-hybrid-cons-plan-g-direct-plan\">ICICI Pru Retirement Fund-Hybrid Cons Plan Direct Growth Plan<\/a><\/td>\n<td>5.21%<\/td>\n<td>9.5%<\/td>\n<td>8.61%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-retirement-fund-pure-equity-plan-g-direct-plan\">ICICI Pru Retirement Fund-Pure Equity Plan Direct Growth Plan<\/a><\/td>\n<td>5.18%<\/td>\n<td>18.43%<\/td>\n<td>18.72%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-retirement-sav-fund-prog-plan-g-direct-plan\">Tata Retirement Sav Fund &#8211; Prog Plan Direct Growth Plan<\/a><\/td>\n<td>4.45%<\/td>\n<td>12.25%<\/td>\n<td>10.26%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>On the 1-year figure, the fund trails several peer funds in absolute return terms, with peer results ranging from 4.45% to 11.24% while this scheme stands at 2.92%. That makes the recent stretch look softer than the peer set, even though it has still been ahead of the benchmark.<\/p>\n<p>Over 3 years and 5 years, the picture is more balanced but still not the strongest. The fund\u2019s 8.48% three-year return is below the 9.5% to 18.43% band shown by the peers with available data, and its 10.69% five-year return also sits below most of those peer figures. In our view, the short-term comparison and the longer-term comparison both point in the same direction: this scheme has been steadier than the benchmark, but its compounding has been more restrained than the stronger peer numbers available here.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>SBI Gold ETF<\/td>\n<td>Domestic Mutual Funds Units &#8211; Gold<\/td>\n<td>9.20%<\/td>\n<\/tr>\n<tr>\n<td>ICICI Bank Ltd.<\/td>\n<td>Bank<\/td>\n<td>4.83%<\/td>\n<\/tr>\n<tr>\n<td>HDFC Bank Ltd.<\/td>\n<td>Bank<\/td>\n<td>4.75%<\/td>\n<\/tr>\n<tr>\n<td>TREPS<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>3.61%<\/td>\n<\/tr>\n<tr>\n<td>Larsen &amp; Toubro Ltd.<\/td>\n<td>Infrastructure<\/td>\n<td>3.28%<\/td>\n<\/tr>\n<tr>\n<td>State Bank of India<\/td>\n<td>Bank<\/td>\n<td>3.03%<\/td>\n<\/tr>\n<tr>\n<td>National Highways Infra Trust<\/td>\n<td>Finance<\/td>\n<td>2.66%<\/td>\n<\/tr>\n<tr>\n<td>Maruti Suzuki India Ltd.<\/td>\n<td>Automobile &amp; Ancillaries<\/td>\n<td>2.64%<\/td>\n<\/tr>\n<tr>\n<td>Altius Telecom Infrastructure Trust<\/td>\n<td>Finance<\/td>\n<td>2.54%<\/td>\n<\/tr>\n<tr>\n<td>Cube Highways Trust<\/td>\n<td>Finance<\/td>\n<td>2.44%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is SBI Gold ETF at 9.20%, which is a meaningful single position but not an overwhelming one. After that, the weights step down fairly quickly into the 4% range and then the 2% to 3% range, so no single stock or security dominates the displayed list.<\/p>\n<p>The top 10 holdings together account for approximately 38.98% of the portfolio, while the scheme discloses 58 holdings in total. That combination suggests the portfolio is spread across a fairly long tail of positions, even though the biggest names are still likely to have greater influence on short-term movement than the smaller holdings.<\/p>\n<p>We also note the mix of gold, banks, infrastructure and cash-like exposure. That blend may help keep the fund from behaving like a pure equity portfolio, but it can also mean returns move differently from a broad-market benchmark at different points in the cycle.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/sbi-retirement-benefit-fund-aggressive-hybrid-plan-g-direct-plan\">SBI Retirement Benefit Fund-Aggressive Hybrid Plan Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund suits investors with a high risk tolerance and a long horizon, especially those who can stay invested through the 5-year lock-in. The return pattern shows that the scheme has delivered better 3-year and 5-year outcomes than its benchmark, but the most recent 1-year result is much softer than the longer-term pace.<\/p>\n<p>That mix makes it more suitable for investors who are comfortable with short-term volatility in exchange for the chance of steadier compounding over time. The main trade-off is that the portfolio may not keep pace with the strongest peer numbers in every period, even though it has shown resilience versus the benchmark in weaker markets.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Exit load: No exit load.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_SBI_Retirement_Benefit_Fund-Aggressive_Hybrid_Plan_Direct_Growth_Plan\"><\/span>What is the current NAV of SBI Retirement Benefit Fund-Aggressive Hybrid Plan Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b920.4644 as of 15 Sep 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_1-year_3-year_and_5-year_returns\"><\/span>What are the fund\u2019s 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund\u2019s 1-year return is 2.92%, its 3-year return is 8.48%, and its 5-year return is 10.69%.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_the_benchmark\"><\/span>How does the fund compare with the benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It has done better than the Nifty 50 over 1 year, 3 years and 5 years. The 1-year benchmark return is -8.27%, the 3-year benchmark return is 5.59%, and the 5-year benchmark return is 5.58%.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_peer_retirement_funds_on_returns\"><\/span>How does it compare with peer retirement funds on returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its recent return is lower than the peer figures shown here, and its 3-year and 5-year returns are also below most of those peer numbers. Even so, it has been ahead of the benchmark over the same periods.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_minimum_SIP_amount\"><\/span>What is the minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The minimum SIP amount is \u20b9500.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_manages_the_fund_and_what_is_the_exit_load\"><\/span>Who manages the fund and what is the exit load?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is managed by Rohit Shimpi and Ardhendu Bhattacharya. The scheme has no exit load.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund\u2019s recent return profile is softer than its longer-term track record, but the 3-year and 5-year numbers still stand above the benchmark. Compared with the peer funds shown here, the scheme looks less assertive on raw returns, while its risk label and portfolio mix point to a higher-volatility, hybrid-style path. The gold allocation and the spread across banks, infrastructure and trusts may keep the portfolio from being a simple equity clone, which is useful for retirement-oriented investors who can handle the lock-in and want a more blended structure.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 16 September 2026 at 6:04 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"SBI Retirement Benefit Fund-Aggressive Hybrid Plan Direct Growth Plan\",\"identifier\":\"sbi-retirement-benefit-fund-aggressive-hybrid-plan-g-direct-plan\",\"category\":\"Solution Oriented\",\"dateCreated\":\"10 Feb 2021\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":20.4644,\"valueReference\":\"as of 15 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"1671 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"1.06\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":2.92},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":8.48},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":10.69},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Rohit Shimpi, Ardhendu Bhattacharya\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of SBI Retirement Benefit Fund-Aggressive Hybrid Plan Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b920.4644 as of 15 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s 1-year return is 2.92%, its 3-year return is 8.48%, and its 5-year return is 10.69%.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has done better than the Nifty 50 over 1 year, 3 years and 5 years. The 1-year benchmark return is -8.27%, the 3-year benchmark return is 5.59%, and the 5-year benchmark return is 5.58%.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peer retirement funds on returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its recent return is lower than the peer figures shown here, and its 3-year and 5-year returns are also below most of those peer numbers. Even so, it has been ahead of the benchmark over the same periods.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9500.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Rohit Shimpi and Ardhendu Bhattacharya. The scheme has no exit load.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SBI Retirement Benefit Fund-Aggressive Hybrid Plan Direct Growth Plan has a NAV of \u20b920.4644 as of 15 Sep 2026, AUM of \u20b91,671 Cr, and 1Y\/3Y\/5Y returns of 2.92%\/8.48%\/10.69%.<\/p>\n","protected":false},"author":38,"featured_media":250601,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-250602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["250601"],"rank_math_title":["SBI Retirement Benefit Fund Review: NAV &amp; Returns"],"rank_math_description":["SBI Retirement Benefit Fund-Aggressive Hybrid Plan Direct Growth Plan NAV is \u20b920.4644 as of 15 Sep 2026; 5Y return is 10.69%."],"rank_math_focus_keyword":["SBI Retirement Benefit Fund-Aggressive Hybrid Plan Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/SBI_Retirement_Benefit_Direct_Growth_Plan_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/250602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=250602"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/250602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/250601"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=250602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=250602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=250602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}