SBI MF to launch SBI Retirement Benefit Fund

SBI Mutual Fund has announced the SBI Retirement Benefit Fund, a solution-oriented fund that offers four plans across risk profiles offering a comprehensive value proposition in terms of exclusive features like life cover up to a maximum of Rs. 50 lakh per investor, option of two investment facilities of auto transfer to help optimise the retirement corpus and my choice, and quarterly systematic withdrawal facility (post applicable lock-in of five years of attainment of retirement age, whichever lower). Continue Reading