MF Gyan
otherLow risk6 years oldSteady vs its 3-year pace

SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth

A specialised fund. Check the scheme details for what it invests in. From SBI Mutual Fund. It's been running since 17 Feb 2021.

Latest price per unit
₹16.4743
▼ 0.04% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.04 L
▲ ₹4.0k gain · 4.0% / year
Invested 3 years ago
₹1.24 L
▲ ₹24.0k gain · 7.4% / year
Invested 5 years ago
₹1.48 L
▲ ₹48.1k gain · 8.2% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.94 L
Gain / loss+₹14.1k
XIRR (annualised)5.22%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.95 L
Projected gain*+₹15.3k
*at this fund's historical rate of 5.22% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 51 other funds in Solution Oriented Scheme - Retirement Fund

Same plan
1-year return
4.00%median 4.84% (-0.85%)
Rank #30 of 52Beats 37% of peers
3-year return
7.44%median 9.24% (-1.80%)
Rank #24 of 52Beats 43% of peers
5-year return
8.17%median 8.31% (-0.14%)
Rank #20 of 52Beats 50% of peers
Bumpiness (3Y)
5.66%median 10.77% (-5.11%)
Rank #15 of 52Less risky than 70% of peers
Worst-ever drop
-6.87%median -14.49% (+7.62%)
Rank #41 of 52Less risky than 13% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 6 of last 6 years were positive.

+14%
2021
+5%
2022
+16%
2023
+10%
2024
+5%
2025
+2%
2026
Best year
2023 · 15.54%
Worst year
2026 · 1.60%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
5.7%

The value swings roughly 6% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-6.87%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth against other other funds.

Technical details (for the pros)
CAGR — 1 year4.00%
CAGR — 3 years7.44%
CAGR — 5 years8.17%
CAGR — since launch9.31%
Volatility — 1 year (annualised)6.26%
Volatility — 3 years (annualised)5.66%
Max drawdown — 1 year-6.87%
Max drawdown — 3 years-6.87%
Sharpe ratio — 1 year (rf=6%)-0.32
Sharpe ratio — 3 years (rf=6%)0.25

Fund info

Fund house
SBI Mutual Fund
Category
Solution Oriented Scheme - Retirement Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF200KA1T70
ISIN (Div re-invest)
—
Fund code
148690
First price on record
17 Feb 2021 · 1,350 daily prices

About SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth

SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth is a Solution Oriented Scheme - Retirement Fund offered by SBI Mutual Fund under the Direct plan with the Growth option. It has approximately 6 years of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.

The current NAV of SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth is ₹16.4743 (as of 4 Sep 2026). Historically, it has delivered 3.99% over the last year, 7.44% CAGR over 3 years, 8.17% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 5.7% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 6.9%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth?+

The latest NAV of SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth is ₹16.4743 as of 4 Sep 2026, down 0.04% from the previous day. NAV is updated once a business day after the market close.

What are the returns of SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth?+

SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth has delivered 1-year return 3.99%, 3-year CAGR 7.44%, 5-year CAGR 8.17%, since-inception CAGR 9.31%. Returns are historical and don't predict future performance — markets move in cycles.

What category does SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth belong to?+

SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth is categorised as Solution Oriented Scheme - Retirement Fund. A specialised fund. Check the scheme details for what it invests in.

How risky is SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 5.7%, SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth a direct plan?+

SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth?+

SBI Retirement Benefit Fund - Conservative Hybrid Plan - Direct Plan - Growth has NAV history available from 17 Feb 2021 — approximately 6 years of track record and 1,350 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.