SBI Magnum Children’s Benefit Fund

Solution Oriented · Childrens
500
Min SIP
5,000
Min Lumpsum
1.07 %
Expense Ratio
Rating
851
Fund Size (in Cr)
3 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 1 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 02 June 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 15.1% - - 44.4%
Category Average 13.5% 24.3% 13.7% -

Scheme Allocation

By Holding
By Sector
By Asset
Divi's Lab.
5.38%
Archean Chemical
4.51%
H D F C
4.24%
Dodla Dairy
4.08%
St Bk of India
4.01%
Others
77.78%
Banks
13.51%
Debt
13.15%
Chemicals & Petrochemical
10.84%
Others
10.5%
Finance
9.51%
Others
42.49%
Equity
67.36%
Foreign Equity
10.5%
Govt Securities / Sovereign
7.74%
Net Curr Ass/Net Receivables
5.79%
Reverse Repos
5.41%
Others
3.2%

Advance Ratio

-
Alpha
-
SD
-
Beta
-
Sharpe

Exit Load

Exit Load 3% for redemption/switch out on or nbefor 1 year from the date of allotment. 2% for redemption/switch out after 1 year and up to 2 years from the date of allotment. 1% for redemption/switch out after 2 years and up to 3 years from the date of allotment. Nil for redemption or switch-out after 3 years from the date of allotment.

Fund Objective

The investment objective of the scheme is to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies across sectors and market capitalizations. The scheme will also invest in debt and money market instruments with an Endeavour to generate income. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

Fund Managers

R Srinivasan

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

SBI Mutual Fund
AUM:
6,48,640 Cr
Address:
9th Floor,Crescenzo, C-39&39, G Block, Bandra kurla complex, Bandra (east), Mumbai-400 051.
Contact:
022-61793000
Email ID:
partnerforlife@sbimf.com

Frequently Asked Questions

How to invest in SBI Magnum Children’s Benefit Fund ?

You can invest in SBI Magnum Children’s Benefit Fund in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for SBI Magnum Children’s Benefit Fund in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of SBI Magnum Children’s Benefit Fund ?

The NAV of SBI Magnum Children’s Benefit Fund is ₹26.5 as of 02 June 2023.

How to redeem SBI Magnum Children’s Benefit Fund holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of SBI Magnum Children’s Benefit Fund?

The minimum SIP amount of SBI Magnum Children’s Benefit Fund is ₹500

What are the top sectors SBI Magnum Children’s Benefit Fund has invested in??

The top sectors SBI Magnum Children’s Benefit Fund has invested in are
  1. Divi's Lab. - 5.38%
  2. Archean Chemical - 4.51%
  3. H D F C - 4.24%
  4. Dodla Dairy - 4.08%
  5. St Bk of India - 4.01%

How much returns have SBI Magnum Children’s Benefit Fund generated ?

The SBI Magnum Children’s Benefit Fund has delivered 44.4% since inception

What is the expense ratio of SBI Magnum Children’s Benefit Fund ?

The expense ratio of SBI Magnum Children’s Benefit Fund is 1.07 % as of 02 June 2023.

What is the AUM of SBI Magnum Children’s Benefit Fund?

The AUM of SBI Magnum Children’s Benefit Fund is ₹6,48,640 Cr as of 02 June 2023

What are the top stock holdings of SBI Magnum Children’s Benefit Fund?

The top stock holdings of SBI Magnum Children’s Benefit Fund are
  1. Divi's Lab. - 5.38%
  2. Archean Chemical - 4.51%
  3. H D F C - 4.24%
  4. Dodla Dairy - 4.08%
  5. St Bk of India - 4.01%
Invest Now