Why Retirement Planning is very important? SBI Retirement Benefit Fund

Retirement planning is one of the most ignored financial goals in most Indian households even though it is the one of the most important, if not the most important life-stage goals for most families. According to SBI Mutual Fund, India is expected to move from a predominantly young population to an aging population in the next 30 years. The elderly population of India will rise from 117 million in 2015 to 317 million in…

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Dynamic Bond Funds

What is your view about investing in dynamic bond funds, as here investors need not worry about the duration of the bond? Yes, that is the claim of dynamic bond funds. Some funds have been able to do it successfully. But the real problem is associated with the kind of flexibility they have in terms of their interest-rate views. Their calls can well go wrong and we have witnessed it in the last 10…

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RETIREMENT BENEFIT FUND- SBI

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…

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Alert! Dream Killer identified

#Mr. Verma’s dream of living in a beach house after retirement #Ms. Priya’s dream of buying a designer lehenga for her wedding #Mrs. Kulkarni’s dream of sending her son abroad for studies #Mr. Lohia’s dream of buying a luxury car Mr. Redemption is still out on the loose. Don’t let him tempt your investors into redeeming their investments. Staying invested through an SIP, even during difficult times, will help bring their dreams to life in the long run!  …

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