SBI launches SBI retirement benefit fund
17/05/2019 11:47
State Bank of India has launched its new scheme SBI Retirement Benefit Fund.

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

The Bank said in the statement that, "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."